cK8 Blackbushe Heritage Trust Trustees Annual Report And Statement of Accounts Blackbushe Heritage Trusi Heritoge Hongor, Blackbushe Airport. Camberley, GU17 9LQ Emoil Web.. nt Regisiored in England and Wales, Chaiity Number. 1198733 wiw.blackbusheheritogetrust.com cK8 Trustees Annual Report for the year ended March 2024 REFERENCE AND ADMINISTRATION DETAILS Blackbushe Heritage Trust Blackbushe Airport Camberley Surrey GU17 9LQ Registered charity number1198733 The Trustees for the period I, April 2023 to 31, March 2024 Peter Brown - Chairmon Rebecco Cornthwaite Christopher Gazzard Mark Griffiths Philip Johns resigned 4th July 2024 Patrick Marchant David Payne Paul Nicholls appointed 4th July 2024 Blackbushe Heritage Trusi Heritoge Hongor, Blackbushe Airport. Camberley, GU17 9LQ Emoil Web.. nt Regisiored in England and Wales, Chaiity Number. 1198733 wiw.blackbusheheritogetrust.com cK8 STRUCTURE, GOVERNANCE AND MANAGEMENT Type of governing document - Constitution odopted 15" March 2022 How the charity is constituted Charitable Incorporated Organisation (cio) Trustee selection method - Appointed by current Trustees when required Systems of internal control provide reasonable assurance against loss and exposure to regulations and they include.. Regular review of the f inancial position of the charity 2. Segregation of duties between Trustees 3. Procedures for the authorisation of all transactions OBJECTIVES AND ACTIVITIES The charity's principle objectives ore to form a museum to display and preserve the richly varied history and heritage of Blackbushe Airport. The Trust has recovered and will restore the aircraft Vickers Viking G-AGRW for the public benefit and present the aircraft as a focal point of the future museum. This aircraft (and many others of its type based at Blackbushe) helped develop the early years of air passenger transport. To carry out this primary project, the trust has established a workshop from which it will promote, teach and train people from all age groups, therefore helping to continue the relevant heritage training skills for future generations. Fundraising octivities hove consisted of ottendonce at vorious aviation fairs and events with our charity stand. We have held a programme of information talks at the Pathfinder Café throughout the year os well as selling our merchondise ot our on site shop ond temporory History Hub. We have also held 2 successful raffles and several quiz nights. Since her arrival in May 2023, our Engineering team made up of Trustees and a dedicated group of volunteers have begun a comprehensive programme of restoration. In planning and carrying out all charity activities throughout the year, the Trustees have continued to reference the Charity Commission's guidance on public benefit. Blackbushe Heritage Trusi Heritoge Hongor, Blackbushe Airport. Camberley, GU17 9LQ Emoil Web.. nt Regisiored in England and Wales, Chaiity Number. 1198733 wiw.blackbusheheritogetrust.com cK8 ACHIEVEMENTS AND PERFORMANCE The first major ochievement of the chority was to successfully repatriate G-AGRW 950 miles from Bad Voslau, Austria to Blackbushe Airport on the 2, May 2023. This memorable arrival was the conclusion of a huge effort over a two week period by a small team of volunteers and professionals. The aircraft was met by many members of the public, aviation enthusiasts, BBC news and charity volunteers. The aircraft is housed in the new Heritage Hangar, thanks to Blackbushe Airport and prepared with the help of our volunteers. On the 21$1 October 2023, The Blockbushe Heritage Trust was awarded 'Group of the Year. by Aviation Heritage UK. The constantly expanding Engineering Team have made great progress on the aircraft restoration including paint stripping and reapplication to the front section in time for the Blackbushe Air Day in June 2024. Scaffolding that was loaned to us and purpose built trestles have allowed the team to successfully carry out these tasks. A partnership with o large aerospace company has allowed us to remove and send the oircroft undercarriage to them for restoration as part of their apprenticeship training scheme. FINANCIAL REVIEW It is the policy of the T8am to maintain the gengral unrestricted funds at a18vel to provide sufficient reserves to meet the future anticipated demands on the charities resources. Having regard to the likely levels of incoming resources and direct charitable expenditure, the Trustees are satisfied that the funds held at 31st March 2024 as reflected in the balance shegt are available and adequate for the Trustees to fulfil the obligations of the Charity and maintain its operations. Blackbushe Heritage Trusi Heritoge Hongor, Blackbushe Airport. Camberley, GU17 9LQ Emoil Web.. nt Regisiored in England and Wales, Chaiity Number. 1198733 wiw.blackbusheheritogetrust.com cK8 FINANCIAL STATEMENT Blockbushe Heritage Trust 31.03.2024 31.03.2023 INCOME Donations & Fundraising Merchandise Sales Interest & Sundry Income TOTAL INCOME 28,613 7,454 667 34,520 121 144 36,734 34,785 EXPENSES Advertising & Morketing Aircroft Restoration Supplies Aircraft Parts Aircraft Repatriation Accountancy Fees Bank Fees Certification Costs Credit Card Fees Entertainment Equipment Repairs & Maint. Event Costs 55 25 4,264 80 35,000 100 28 40 17 198 244 396 566 26 80 101 Insurance 178 IT Software & Consumables Memberships Merchandise Stock Postage, Freight & Courier Printing & Stotionery Security Trovel Depreciation TOTAL EXPENSES 198 40 25 3801 344 137 37 255 20 109 294 45,949 718 SURPLUSIDEFICIT (9.215) 34.067 Blackbushe Heritage Trusi Heritoge Hongor, Blackbushe Airport. Camberley, GU17 9LQ Emoil Web.. nt Regisiored in England and Wales, Chaiity Number. 1198733 wiw.blackbusheheritogetrust.com cK8 Balance Sheet 31.03.2024 31.03.2023 HERITAGE ASSETS Aircraft G-AGRW Depreciation Net Book Value 8,000 7,000 8,000 7,000 FIXED ASSETS Plant & Mochinery Depreciation Net Book Value 7,145 (294) 6,851 TOTAL FIXED ASSETS 14,851 7,000 CURRENT ASSETS Current Account 8,924 25,337 720 Barclays Account Cash 547 TOTAL CASH AT BANK AND IN HAND 9,471 26,057 1,009 Inventory Trode Debtors VAT 358 171 10,000 TOTAL CURRENT ASSETS 27,066 Trade Creditors amounts due within I yeor DEBTORS Accounts Poyoble TOTAL CURRENT LIABILITIES NET ASSETS 24,851 34,066 Current Year SurpluslDeficit Retained Surplus TOTAL (9,215) 34,066 24.851 34,066 34.066 Blackbushe Heritage Trusi Heritoge Hongor, Blackbushe Airport. Camberley, GU17 9LQ Emoil Web.. nt Regisiored in England and Wales, Chaiity Number. 1198733 wiw.blackbusheheritogetrust.com cK8 Blackbushe Heritage Trusi Heritoge Hongor, Blackbushe Airport. Camberley, GU17 9LQ Emoil Web.. nt Regisiored in England and Wales, Chaiity Number. 1198733 wiw.blackbusheheritogetrust.com Independent examiner's report to the trustees of Blackbushe Heritage Trust I report to the trustees on my examination of the accounts of the Blackbushe Heritage Trust (The Trust) for the year ended 31 sl March 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requiremenls of Ihe Charities Act 2011 ('the Act'l. I report in respect of my examinatior) of Ihe Trusl's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515)Ibl of the Act. Independent examiner's statement I have completed my examination. I confirm Ihat no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. 1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act., or 2. The accounts do not accord with those records. I have no concerns and have come across no olher matters in connection with Ihe examinalion to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. By way of recommendation l advise that where monies are paid to Trustees by way of reimbursement of expenses, these are noted and minuted at meetings of the Truslees Signed.. Name.. Toby J. Morris ACMA, CGMA Relevant professional qualification or membership of professional bodies (if any)= CIMA Address.. 49a Market Square, Witney, OX28 6AG Dale.. 29 January 2025