Trustees’ Annual Report for the period
From 1 April 2024 Period start date To 31 March 2025 Period end date
Charity name: Supermarine Seaplane
Charity registration number: 1190836
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Building and flying the historic Supermarine S5 seaplane, cementing its place in British heritage and educating the general public, and young people in particular. Encouraging youth into STEM and aviation. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
• Storage of the completed aircraft wings and activities associated with planning, engineering, sourcing, approvals and sub- contracting in respect of the remainder of the aircraft construction • Activities associated with raising the profile and raising money such as web design, leaflet design and printing, presentations, transport, approaching organising bodies and individuals and corporate bodies… |
| Statement confirming whether the trustees have had regard to the guidance issued bythe |
Para 1.18 | The charity has had regards in respect of public benefit |
Charity Commission on public benefit
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant-making | Para 1.38 | Grants made or expected are directly aligned to the two activity areas outlined above, namely build and fund raising. There are no other grants. All spending is pre-approved by the trustees. |
| Policy on social investment including programme related investment |
Para 1.38 | |
| Contribution made by volunteers. |
Para 1.38 | A number of volunteers have contributed time and expertise over the last year in regard to engineering, marketing, fund-raising, social media, web-deign… |
| Other |
Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | • Successfully completed the wing build • Reached an agreement with a Cornwall enterprise to store the wings and to explore ideas for joint fund raising • Obtained approvals from the Light Aircraft Association for the design of the floats (the next stage) |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | We seek, as our purpose states, to engage young people. However, we have had to apply all our time and money to fundraising efforts and the build. When and if we find a primary sponsor and secure the future of the AS/C, we will return to this objective. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Fund raising has been weak. This is a minority interest for a tiny cohort. |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | • We are in talks with a subcontractor to complete the remainder of the aircraft • The costs of this have formed the basis for our approaches to a number of companies and high net worth individuals |
|---|---|---|
| Statement explaining the policy for holding reserves stating why theyare held |
Para 1.22 | No set policy. |
| Amount of reserves held |
Para 1.22 | A few hundred pounds only. |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materiallyin deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | The charity will remain in place, but its activities at this time are fund raising only. |
| Additional information (optional) You maychoose to include further statements where relevant about: |
||
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Gifts and loans from trustees, outside individuals and (planned) from corporate sponsors |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | Risk to constructed components and materials by fire or during transportation. We have insurance. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association,CIO) |
Para 1.25 | CIO - FOUNDATION Registered 12 Aug 2020 as amended on 24 Jun 2022 |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | None |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Chairman + 2 trustees + volunteers |
| Relationship with any related parties |
Para 1.51 | • Contractors building the aircraft. • LAA for approvals |
| Other |
Reference and Administrative details
| Charityname | Supermarine Seaplane |
|---|---|
| Other name the charity uses |
|
| Registered charity number |
1190836 |
| Charity’s principal address |
Cider House Allowenshay Hinton St George Somerset TA17 8TB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Ian Wood | Chair | |||
| Will Hosie | Founder | |||
| Bruce Keeping | Trustee | |||
Corporate trustees – names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Ian Ellis Wood Position (eg Secretary, Chair Chair, etc) Date 18.12.25
| Charity Name Supermarine Seaplane |
Charity Name Supermarine Seaplane |
Charity Name Supermarine Seaplane |
Charity Name Supermarine Seaplane |
1190836 No (if any) |
1190836 No (if any) |
1190836 No (if any) |
CC16a | |
|---|---|---|---|---|---|---|---|---|
| For the period from |
Period start date 01/04/2024 |
To | Period end date 31/03/2025 |
|||||
| Section A Receipts and payments | ||||||||
| A1 Receipts | Unrestricted funds to the nearest £ 1,270 - - - - - - - 1,270 - - - 1,270 483 - 660 980 223 97 - 377 - - 2,819 - - - 2,819 - 1,549 3,052 1,503 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 1,270 - - - - - - - 1,270 - - - 1,270 483 - 660 980 223 97 - 377 - - - 2,819 - - - 2,819 - 1,549 - |
Last year to the nearest £ |
|||
| Donations | 1,270 | 12,361 | ||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| - | - | |||||||
| Sub total(Gross income for AR) |
1,270 |
12,361 | ||||||
| A2 Asset and investment sales, (see table). |
||||||||
| - | ||||||||
| - | - | |||||||
| Sub total | - | - | ||||||
| Total receipts A3 Payments |
||||||||
| 12,361 | ||||||||
| Insurance | 483 | 409 | ||||||
| Printing, postage and stationery | - | 3 | ||||||
| Accountancyfees | 660 | 1,320 | ||||||
| Website costs | 980 | 670 | ||||||
| Computer costs | 223 | 209 | ||||||
| Fuel | 97 | 320 | ||||||
| Office costs | - | 17 | ||||||
| Merchandise | 377 | - | ||||||
| - | - | |||||||
| - | - | |||||||
| - | ||||||||
| **Sub total ** | 2,819 | 2,948 | ||||||
| A4 Asset and investment purchases, (see table) |
||||||||
| Seaplane materials and labour | - | 7,956 | ||||||
| - | ||||||||
| **Sub total ** | - | 7,956 | ||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||||
| 10,904 | ||||||||
| - 1,549 | - | - | - 1,549 |
1,457 | ||||
| - | - | - | ||||||
| 3,052 | - | - | 3,052 | 1,595 | ||||
| 1,503 | - | - | 1,503 |
3,052 |
CCXX R1 accounts (SS)
18/12/2025
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Bank accounts Details Details Accountancy Fees Loan from trustee Signature Details Seaplane materials & labour |
Unrestricted funds Restricted funds to nearest £ to nearest £ 1,503 - - - 1,503 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) General 144,628 - - - - - - - - Fund to which liability relates Amount due (optional) General 690 General 42,000 - - Print Name Ian E Wood |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Ian E Wood | 18.12.25 | ||
CCXX R2 accounts (SS)
18/12/2025
2