## **Trustees’ Annual Report for the period**
**From** January 1, 2022
**To** December 31, 2022
**Charity name:** The European Society of Air Safety Investigators
**Charity registration number:** 1193108
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|For the public benefit, to promote public
safety and the saving of lives in particular
but not exclusively by:
(i) the promotion of high standards in air
safety investigation; and
**(ii)**the provision of education and
training to air safety investigators
and others operating in the aviation
field.|
|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|In April 2022 we held a 2-day seminar in
Budapest attended by more than 100
delegates.
An online ‘Focus On…’ session was planned
for December 2022 but had to be
rescheduled for February 2023 due to
presenter availability.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Yes – the trustees have had regard to the
guidance. All of our events are open to
anyone with an interest.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
Para 1.38 Contribution made by volunteers 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|2022 marked the first return to a more
normal schedule for the Society after
COVID.
In April 2022 we held a 2-day seminar in
Budapest attended by more than 100
delegates. This was organised to coincide
with a related European meeting (ECAC
ACC) to maximise attendance.
An online_Focus On…_session was planned
for December 2022 but had to be
rescheduled for February 2023 dues to
presenter availability. The_Focus On…_
sessions are aimed to provide awareness
and training for the community. They are
virtual (Zoom), open to all with an interest
and are free to attend.|
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The Society ended the period with a cash
balance of £28,666.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|No designated reserves are held, but we aim
to maintain a balance not below £20k. This
is because a typical seminar (our main
financial outlay each year) has costs of
around £20k. This balance means we could
survive a seminar failing completely for
some reason. This prospect was nearly
realised during COVID.|
|Amount of reserves held|Para 1.22|Nil|
|Reasons for holding zero
reserves|Para 1.22|See above – no specifically designated
reserve held, but a minimum balance is
aimed for. Will consider designating as
reserve in future.|
|Details of fund materially in
deficit|Para 1.24|None|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|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||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Charity Commission-based Constitution and
Articles of Association|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|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|Elections. We plan to hold elections before
the end of the year for one vacant position
and two trustees standing for re-election.|
|**Additional information (optional)**
You may choose to include further statements|**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||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|The European Society of Air Safety Investigators|
|---|---|
|Other name the charity uses|ESASI|
|Registered charity number|1193108|
|Charity’s principal address|THE MEADS
BRANKSOMEWOOD ROAD
FLEET
GU51 4JU|
|||
**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)**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|---|---|
||Olivier Ferrante|President|||||
||Steve Hull|Secretaryto 06/22||to 15 June 2022|||
||Matthew Greaves|Treasurer|||||
||Thorkell Agustsson||||||
||Rob Carter||||||
||Brian McDermid||||||
||Nuno Aghdassi|Secretaryfrom 06/22|||||
||Arben Dika||||||
||Kate Fitzgerald||||||
||David King||||||
||||||||
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||Corporate trustees–names of the directors at the date the report was approved
**Director name**||||||
||**Director name**||||||
||||||||
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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 None held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a 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
None
## **Other optional information**
None
## **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)** Matthew Greaves Olivier Ferrante **Position (eg Secretary, Chair, etc)**[Treasurer ] **Date** 31 October 2023
## **European Society of Air Safety Investigators Balance Sheet**
31 December 2022
||**Total funds**|
|---|---|
||**£**|
|**Fixed assets:**||
|Intangible assets|-|
|Tangible assets|-|
|Heritage assets|-|
|Investments|-|
|_Totalfixed assets_|-|
|**Current assets:**||
|Stocks|-|
|Debtors|-|
|Investments|-|
|Cash at bank and in hand|28,666|
|_Total current assets_|28,666|
|**Liabilities:**||
|Creditors: Amounts fallingdue within oneyear|-|
|_Net current assets or liabilities_|28,666|
|_Total assets less current liabilities_|28,666|
|Creditors: Amounts falling due after more than one year|-|
|Provision for liabilities|-|
|_Total net assets or liabilities_|28,666|
|**The funds of the charity:**||
|Endowment funds|-|
|Restricted income funds|-|
|Unrestricted funds|28,666|
|Revaluation reserve|**-**|
|Pension reserve|**-**|
|_Total unrestrictedfunds_|28,666|
|**_Total charity funds_**|**28,666**|
**Signed by:** Matthew Greaves Treasurer and Trustee **Date** : 30[th] October 2023 **Approved by the Trustees** : 31[st] October 2023
## **European Society of Air Safety Investigators Statement of Financial Activity**
## 1 January 2022 – 31 December 2022
||**Unrestricted**|**Restricted**|**Endowment**|**Total**|
|---|---|---|---|---|
||**funds**|**funds**|**funds**|**funds**|
||**£**|**£**|**£**|**£**|
|**Income and endowments from:**|||||
|Donations and legacies|-|-|-|-|
|Charitable activities – seminar income|14,651|-|-|14,651|
|Other trading activities|-|-|-|-|
|Investments|-|-|-|-|
|Other|-|-|-|-|
|**Total**|-|-|-|-|
|**Expenditure on:**|||||
|Raising funds|-|-|-|-|
|Charitable activities – seminar costs|(20,367)|-|-|(20,367)|
|Charitable activities – bank fees and IT|(1,872)|||(1,872)|
|Other|-|-|-|-|
|**Total**|(22,239)|-|-|(22,239)|
||-|-|-|-|
|Netgains/ (losses)on investments|-|-|-|-|
|**Net income/(expenditure)**|**(7,588)**|**-**|**-**|**(7,588)**|
|**Transfers between funds**|-|-|-|-|
|**Other recognised gains/ (losses)**|||||
|Gains/ (losses) on revaluation of fixed|-|-|-|-|
|assets|||||
|Actuarial gains/ (losses) on defined|-|-|-|-|
|benefit pension schemes|||||
|Othergains/ (losses)|-|-|-|-|
|**Net movement in funds**|**(7,588)**|**-**|**-**|**(7,588)**|
||-|-|-|-|
|**Reconciliation of funds:**|||||
|Total funds brought forward|36,254|-|-|36,254|
|**Total funds carried forward**|**28,666**|**-**|**-**|**28,666**|
|**Signed by:**|||||
**Date** :
Matthew Greaves Treasurer and Trustee 30[th] October 2023
**Approved by the Trustees** : 31[st] October 2023