THE CENTRE FOR MAIDENHEAD HERITAGE
TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR
THE PERIOD ENDED 31 MARCH 2024

The Centre for Maidenhead Heritage
Trustees. Report and Financial Statements for the Period
l April 2023 to 31 March 2024
The Trustees present their report and the financial statements for the period
l April 2023 to 31 March 2024.
The cent￿ for Maidenhead Herltage Is an Association Charitable Incorporated
Organisation (CIO) registered with the Charity Commission. It was registered
on 25 January 2021. Following a vote by members of Maldenhead Heritage
Trust in 2019 the CIO was created in order to assume responsibility for the
activities of the Trust, which was an unincorporated body.
Objectives and activities
The purposes for which the charlty was set up a￿. to advance the education
of the public by providing a heritage museum for the exhibition to the public
of objetts, documents, photographs and other items connected with the
history of Maidenhead and its surrounding districts.
The principal activities undertaken by the charity are:
providing physScal access to the museum to members and the general
public and to the collections;
providing online access to an extensive catalogue of historical
documents and artefacts;
giving talks and presentatlons to interested groups, ranging from
schools and youth groups to retlred adults and Ca￿ homes. This
engagement wlth the whole local community is of the utmost importance
presenting the history of the Second World War aircraft ferrying
organisation Air Transport Auxiliary (ATA), which had its headquarters
at nearby White Waltham airfield from February 1940 until November
1945.
Throughout, the trustees have had due regard to the guidance Issued by the
Charity Commission on public benefit.
We rely heavily on the input of a band of volunteers without whom the
museum would have to cease to operate. We are extremely grateful for all
the support they provide. They assist us in multiple ways, includlng:
setting up and dismantling exhibits;
manning the museum on a daily basis.
answering querles.
handling sales through our onllne shop and the museum shop.

running the ATA gallery and the Spitfire simulator;
delivering historical talks and workshops to schoolsi youth groups and
adult groups.
assisting with bookkeeping and accounts.
We employed two part-time staff, a manager/administrator and a curator. We
also owe them a debt of thanks for all their efforts.
Achievements and performance
The total number of visitors between l April 2023 and 31 March 2024 was
3101, a very small increase on the previous year but still significantly below
pre-covid levels. However the number of school and young people (Se
cubs/brownies/etc) workshops and talks to adult groups increased over the
previous period. Nevertheless, we continue to provide access to a wealth Of
historical information and artefacts for the benefit of all of our visitors and, via
our website, the wider world. During the year we took delivery of the 1737
Bray fire pump, owned by Bray Parish Council. Its slze requlred a further
rearrangement of the ground floor gallery with the reduttion of space
previously used for retsil sales. Nevertheless the fire pump has created a great
deal of interest among visitors.
The nationally important ATA Collection continued to grow. In particular, we
know how much people outside the UK appreciate access to the ATA archive
because many of the pilots who were in the ATA came to Britaln from overseas
durlng the Second World War.
We also receive requests for access to the archive for television programmes
and for research purposes and regularly cooperate with the authors of fittion
based on the ATA story. The Spitffire simulator, part of the ATA gallery,
branded as Grandma Flew Spitfires, continues to be extremely popular with
people of all ages and visltors from all over the world.
Financial review
The enclosed financial statements cover the perlod from l April 2023 to 31
March 2024, the second the first full financial year since the CIO took over
operations from Maldenhead Heritage Trust on 1st October 2021. In general,
visitor numbers are slowly recovering from the effects of the pandemic.
The balance sheet has been adversely afferted by a number of factors, i,e.
loss of the Kirkstart employment grant with a consequent increase in staff
costs, redurtion In Income from core activities, and a substantial increase
in support costs (l.e. repairs and maintenance. eneryy, other seniices).
As the SOFA shows, our principal sources of income are donations, cultural
and educational activities, and physical and onllne shop sales.

The popular Spitfire simulator contributes a useful sum to the balance sheet.
The trustees will seek ways of increasing the utilisation of the simulator and
therefore the income from it.
As explained more fully In the notes to the accounts, these financlal
statements reflect the day-to-day operations of the museum the CIO has
taken over from the Heritage Trust. The museum operates from freehold
premises at 18 Park Street, Maidenhead purchased by Maidenhead Heritage
Trust with the help of a Loan Grant from the Baylis Trust, which is secured on
the property. The formal legal processes of transferring the property to the
CIO and of replacing the Loan Grant to one made to the CIO have not yet
been completed and, accordlngly, these accounts do not include the property
or the loan. Reserves equivalent to the net equity position in the property
have also not been transferred but will be once the legal formalltSes have been
completed. The book value of the property as at l October 2021 was
£700,561 and the Loan Grant is £455,000, so the net figure of reserves still
held by the Trustees of Maldenhead Heritage Trust is £245,561. The loan is
interest-free. Excluding the property and the loan, the balance of reserves
totalling some £94,888 was transferred from the Maidenhead Heritage Trust
with effect from l Ottober 2021 and at 31 March 2022 they have fallen to
£94,742, so there was a net deficit for the period of £146. Overall, no reserves
were in deficit at the period end.
We do not have a specific policy determining the level of reserves that we
should hold but we are always conscious to keep annual expenditure within
income where at all possible.
The accounts have been prepared on a going concem basis. This assumes
that the freehold property and the associated Loan Grant can be transferred
to the CIO. The Loan Grant wlll be repayable by December 2026. If we are
unable to repay the loan in the meantime, the property may have to be sold
to repay the loan.
The principal risks facing the charity currently are:
whether we will be able to repay the Loan Grant from the Baylis Trust
by December 2026. and
dlfflcultles raising funds at a time when people's incomes are under
pressure due to the cost-of-llvlng crisls.
To address these rlsks Trustees must undertake major fund raising initiative
wlth the utmost urgency.

Structurei governance and management
The CIO Is governed by a Constitution adopted on 25 January 2021.
The Trustees are all members of the CIO but as an Association CIO we have
members other than the Trustees. The liability of all members in the event of
the CIO having to be wound up is zero.
In seletting new trustees we endeavour to broaden the board's business and
charitable experience as much as possible. Members or existing trustees can
appoint trustees. There must be at least three trustees at all times and no
more than 12.
Reference and administrative detalls
The CIO is registered in England and Wales. The registered charity number is
1193240. The charity operates the Maidenhead Heritage Centre and as the
Air Transport Auxiliary museum and gallery.
Our princlpal address is: Maidenhead Heritage Centre, 18 Park Street,
Maidenhead SL6 ISL.
Trustees
The names of the charity Trustees, who We￿ appointed on 25 January 2021
and who were in office throughout the period since incorporatlon are:
Christopher Hobbs (resigned 12 February 2024)
Alan Mellins (Chairman)
Richard Poad MBE
Martin Sandford
Stewart White
Richard Poad is one of flve people who hold the legal title to 18 Park Street,
along with four former trustees of Maidenhead Heritage Trust. They have held
the title since the property was aCqui￿d. As explained above. steps are being
taken to transfer legal ownership to the CIO.
The Trustees declare that they have approved the Trustees. report
above
Signed on behalf of the charity's Trustees by Alan Mellins (Chairman)
Signatu
Date:
OGTr&cC 2£) L

THE CEPrniE FOR MAIDENHEAD HER￿AfjE
srATEMENT OF FifiANaALAcnviTIES FOR THE PERIOD ENOt031 PAAROI 3t)24
IAPRIL X)23T031 MARCY W24
2023
Get￿&FundS
Total
INCOMING RESOURCES
tsonationsand ley0è5
SubscdptiQn5
CuEtUfal edu(ational aLIth
Grants
Other￿￿nIactlyltlQ5
19,
1.175
11345
19.
1.175
11445
ZO,759
1,570
14.143
5.426
2J88
3S.813
45,828
RESOUJICÉS EXPENDED
Expendlture on..
Raignglund5
Staff costs
Le831 and profewhal lees
pport cos
4,462
32,405
3,750
26,410
4333
29.355
5,729
17,820
314C6
3,750
25517
8T1
8n
67.027
57.237
p4rriNCOME
TRMSFERSBEfwE£N FUNDS
Ntr MQVEMENTOF FUNDS
OPENING V%iANCE
CLOSING B￿LANCE
I￿341}
13L2141
IIL4091
I￿.342)
57A3a
27,OYI
18721
IIL4051
94,742
83.￿3
83.333
52,119
25,028

THE CENTRE FOR MAIDENHEAD HERryAGE
BALANtE*TrEEfASATJI MNJIOI 1014
FLXEDASSEYS
(thr ￿K￿dAsS￿l%
7￿17
i?
CVRREiifASSErs
Sto(kand rolletdon5
Debtorsand prepaymth
and ifthand
5JJl
25
43397
6.410
2396
T2274
8LOJY
CVRREiifuAB
ethtors attd artru3&
NETCURRÉinASSETS
123S
49S)3
&V33
51119
83333
NAESTRICTEOFUM
rnulated fund
BrauWrtfor¥fdrd
MDvèmÈntlttrthèpEftod
Owin8 balance
57M33
1303421
195211
17
57833
PEsfRICJEDFUND5
Brought forward
Transfèrto Rtsttstwd Ca0￿
Movemenrf¢rthepef
Clwn8ba14n
24.7C
(U97)
IX433
21411
REsfRIcYEDCAPITALFIIMDS
L191
Tra￿froM Restrfftd
Movementfurthe petiod
(8n)
2￿17
L192
TQTAIWJNP5
52.E19
83333
Appr(fved b¥thETr￿l•e5 ￿0*￿d¢￿tre¥ beWbY-
AMdnn4th3lrrn

THE CENTRE FOR MAIDENHEAD HERrrAGE
NOTES TO AND FORMING PART OF THE Accourfrs FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNllNG POLICIES
lal These flnanclal statements have been prepared under the histortcal cost convention w6th Items ￿colnIsed at ¢ost
or transaction value unless othenvise stated in the relevant notelsl to these accounts and in accordance with the
Statèment of Re¢ommeAded Pra¢tice= Accounting and Reporting by Charitie5 pieparing thebr account5 in
accordance wth the Financial Reporting siandard applicable in the UK and Republic of Ireland ISORP FRS 1021
Issued on 16 July 2014 and with the tharities Act 2011. Figures are stsied in pounds sterlln8. The charity has
taken adv3ntage of the provisions in the SORP (update bulletin Il not to prepare a Statement of Cash Flows. The
Centre for Maidenhead Herftage meets the definltlon of a publlc benefft en￿1¥ under FR5 102.
Ibl The accounts have been prepared under the going concem basis.
Icl These statements ère for the period from l April 2023 to 31 March 2024. The Charity took over the operations of
Maidenhead Herttage Trust wlth effett from l Ortober 2021. As described in Notès 3 and 4 , the freehold
properly, 18 Park Street, Maidenhead, from which the museum operates. is not reflected in these figure5 beca¢Jse
le8al title to the property and a new 8rant of the Loan from the Baylis Trust, which is to be secured on the property
and whith was used to help purchase the property originally, have not yet been transferred Into The Centre for
Maldenhead Hèrltage.
Idl Where funds are re￿IVed for dedicated purposes they are allocated to funds ac¢ordln8 to the restrlrtions placed
on them by the donor or payer.
lel Dep￿cIatIOn is prowded at the following annual rates in order to wrlte off ea¢h asset ovef its èstimated
useful Ilfe. IndIV￿dlla1 Items under £500 are expensed in the year acquired.
Equlpment
25%
Reducing bèlan
lfj Income is retognlsed In the Statement of Financial Activities ISOFAI when thè charlty lil becomes entltled to the
resources, lill it is more likely than not that the trustees will recelve the reSoU￿e$ and liiil the monetary value can
be measured with sufficlent reliability-
Igl Donated Boods and servl¢es are not recorded in the accounts because of the dlfflcultles assessing their falr value
and because the time and effort lo do so would be disproportionate.
Ihl Llabilltles are recognised where it is more likely than not that there Is a legal or constructlve obllgatlon commlttlng
the charity to pay out re50tsrces and the amount of the obligation ran be measured WTth reasonable ￿rtainty.
lil The Centre for Maldenhead Herltage is not liable to tax on Its Income or galns as these are applied for charitsble
purposes.
til Shop stock Is va5ued at the lower of cost and net ￿alISable value.

THE CENTRE FOR MAIDENHEAO HERITAGE
NOTES TO AND FORMING PART OF ThE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
INCOMING RESOURCES
2024
2023
Chantable cultural ond educotlonol artivities:
Grdndma Flew Spiffire Sirnulator and ticket sales
Talks
River trf
School vistts
7.806
2.244
1,370
925
11345
9.168
2,501
1,910
564
14.143
Grants
Kickstart employment support grant
6,151
6.151
RESOURCES EXPENDED
2024
2023
Raislnqlund5'.
Goods for resale
A(Svertisin
and marketin
Cost of events and exhibitions
1,573
791
2,098
4A62
295
2,670
1.368
4.333
5toff costs
Wages and salaries
Defined contribution scheme penslon contrlbutior
31.842
563
31405
22.737
467
23,204
ortcostr.
Property costs
Volunteer expenses
Print. post and stationery
Tele
hone
Equipment repaSrs and malntenance
Bank charges
Credit Card ènd Pav
al char
Internet and website
Depreciation
Miscellaneous
16,130
403
7,452
674
682
783
1.627
90
1,476
1,995
206
1.672
16,657
738
2.677
li
762
1,373
872
1,940
26A09
es lincludin
rental and su
rt fees)
All res¢)urces expended UltiMate￿r relate to runnin8 our charitable aclivities.

THE CENTRE FOR MAIDENHEAD HERITAGE
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
4 TANGIBLE FIXED ASSETS
Total
Cost
Biou
t fon¥ard
Addition5
Disposals
At 31 March 2024
99.622
99,,622
99
22
De
reciation
Brought forward
Disposals
CharEe for Period
Dis
osals
At 31 March 2024
96,133
96.133
872
872
Net Book Value
At 31 March 2023
At 31 Marth 2024
As explained above. the freehold property from whith the museum operate5 has yet to be transferred to TCMH and so
has not been reflected in these accounts because the legal tide ha5 yet to be transferred. This process 1% underway.
LOAN GRANT
The Loui5 Baylls Maidenhead Advertiser TrtE5t lent the Trustees of the Maidenhead Heritage Trust £455,0￿ to help
finance the purchase and refurbishment of 18 Park Street, Maidenhead. Uability has not yet been formally transferred
to The Centre for Maldenhead Herttage but the leB31 proce5$ 15 underway. Repayment of the loan is to be extended to
December 2026. The loan will be secured on the freehold property when that has been transferred to the CIO. The
loan must be repaid in full on the earl￿t of= the d￿rity ￿?5￿n8 busine55, the property beln8 sold Is sold or December
2026.
5. RESTRICTED FUNDS ANALYSIS
Brought
Forward
Transfer
in year
Change
in period
Carrled
fOn￿ard
Restrlrted capital funds
Giandma Flew Spitfires Exhlbit
2297
Other restrlrted funds
Grandma Flew Spiffires Appe31
Lobby
Other
TOTAL
15.167
5.859
3,682
-1297-
12,870
5.859
3,682

THE CENTRE FOR MAIDENHEAD HERITAGE
NOTES TO ANO FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
6. TRANSFER OF UPIDERTAKING FROM W410ENHEAD HERITAGE TRusr
In furtherance of a resolutlon passed by thè members of Maidenhead Herltage Trust at their 2019 Annual General
Meetin& The Centre ftsr Maidenhead Herttage IYCMH") was created as an Association Charitable Incofporated
Organisation, and approval of the Charity Commlssion to transfer operalons to the CIO from ihe Maidenhead Heritage
Trust wa5 obtalned. On 30 September 2021 the Tntst ceased day-ttrday operations and at midnight on that day the
operations were transferred to TCMH.
The Heritage Centre's operations have continued unchanged and TCMH has assumed the all but one of the Ilabllltles of
Maiderthead Heritage Trust. At the time of th￿ report the legal trile in the freehold property from which the charitv
operates and the assi8nment of the Loan Grant from the Baylis Trust are still in the CO￿rSe of being transferred, sublett
to flnal agreement of terms and regulatory approval.
Although Maidenhead HeTita8e Trust is to be wound up in due course. no adju5trnent to the carrying values of the assets
or liabilities in these financial statements is considered to be nece55ary as the transfer to TCMH has been arranged to
allow the Centre to continue operate unchanged.
The Ilablllty of members to contrlbute to the CIO'S Ilabllities In the event of a winding up is capped at zero. under the
Constitution.
7. TrUSTEES' EXPENSES AND BENEFITS
None of the trustees received any remuneratlon or benefits in the period. Any experses that were reimbutsed were all
for acting a5 agent for the CIO.
8. EMPLOYEES
The average number of eMplo￿￿S In the perfod was 2.
9, PENSIONS
The CIO provides a defined contribution pension stheme for ellglble ernployee5. Contributsons are paid as they fall due
and are held in Separately administered funds.

CHARITY COMMISSION I Independent examinerfs report on the
FOR ENGIAND AND WALES
accounts
Section A
Independent Examiner's Roport
Report to the trustses
The Centre for Maidenhead Heritagg
On accounts for the year
31 March 2024
Charlty no
lif any)
1193240
Set out on pago91
I report to the trustees ￿ my examination of th8 accounts of the above
charity llhe Trust") for the year ended 31 March 2024.
Responsibllltles and
bo$1$ of report
As the charivs tNst8es, you are reswngible for the preparation of the
accounts in accordance requirements of the Charites Act 2011
he Act")
I report in respect of my examination of the Tfusvs accounts carried out
under seth'on 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Chanty Commi*sion
un¢Jer s&¢tion 145(51{b} of the Act.
Independent I have completed my examination. S confim that no material matters have
examin•r'$ 8t2t8ment come lo my attenb.on in cnnnection Y￿th the examination which gives me
cause to believe that in, any material respect..
Itte accounts.ng records were not kept in accordance with section 130
of the Charibes Act; or
the accounts dtd not accord wth the accounting records. or
the accounts not comply wrth the applicable requirements
oneerning the fom and content of accounts set out in the chariti.es
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a ITue and fair, view which is not a matter
consKlered as part of an independenl examination.
I have no Goncems and have come attoss no olher matters in connection
with the examination to which attention should be drawn in this report
order to enable a proper understanding of the accx)unts to be reached.
Signed:
Date:
24-
30
Name:
ROSALIND HAZELDINE
Relevant professional
qualiflcatlon($l or body
{If any):
Edelwyn, Dean Lane, Cookham Dean, Maidenhead SL6 9AG
Address: