Trustees' Annual Report for the period
Period start date Period end date 10[th] May 2022 30[th] June 2023
From
To
Section A Reference and administration details
Charity name The Hovercraft Museum CIO Other names charity is known by The Hovercraft Museum Registered charity number (if any) 1198896 Charity's principal address Hovercraft Museum, Daedalus, Broom Way, Lee-on-the-Solent, Hampshire Postcode PO13 9YA
The Hovercraft Museum CIO
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 (ifany) |
|---|---|---|---|---|
| Louise MaryJenkins | Chair | |||
| Alexander William Wheeler | Treasurer | |||
| Douglas Thomas Campbell Coulson | ||||
| Benjamin David Allen Avery | ||||
| David Alexander Kerr | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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| Names and addresses of advisers (Optional information) Type of adviser Name Address |
Names and addresses of advisers (Optional information) Type of adviser Name Address |
Names and addresses of advisers (Optional information) Type of adviser Name Address |
|---|---|---|
| Name of chief executive or names of senior staff members (Optional information) | ||
Section B Structure, governance and management
Description of the charity’s trusts
Constitution – dated 10[th] May 2022 Type of governing document
- (eg. trust deed, constitution)
CIO – Foundation How the charity is constituted
- (eg. trust, association, company)
Appointed by existing Trustees Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
The advancement of public education, in particular in the engineering and history of the Hovercraft.
Summary of the objects of the charity set out in its governing document
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The Hovercraft Museum CIO is a new charity which has been setup for the purposes of incorporating The Hovercraft Museum Trust and merging in a future period.
Once merged it will continue its charitable objects, which are identical to The Hovercraft Museum Trust’s, by running a publicly accessible museum opened routinely throughout the year for the purposes of education on the subject of the Hovercraft.
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
The Trustees have had due regard to the guidance issued by the Charity Commission on Public Benefit.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
The Hovercraft Museum CIO has been setup with the goal of Summary of the main incorporation for The Hovercraft Museum Trust and as this has not achievements of the charity happened in this period the charity has not recorded any major during the year achievements. Work has been, and continues to be, ongoing in preparing for a merger and policy making.
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Section E Financial review
The charity will keep a sufficient reserve to cover six months operation. Brief statement of the charity’s policy on reserves
Details of any funds materially in deficit
Further financial review details (Optional information)
There have been no financial transactions during this period. You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Alexander William Wheeler | Louise Mary Jenkins | |
Treasurer |
Chair | |
| 26/04/2024 | ||
| 26/04/2024 |
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The Hovercraft Museum CIO 1198896
Receipts and payments accounts CC16a
For the period May-22 Jun-23
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
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Sub total (Gross income for
AR) [ - ] - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts - - - - -
A3 Payments
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Sub total [ - ] - - - -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
- - - - -
Total payments
- - - - -
Net of receipts/(payments)
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
- - - - -
Cash funds this year end
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CCXX R1 accounts (SS)
26/04/2024
1
| Section B Statement of assets and liabilities at | 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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Alexander William Wheeler Louise Mary Jenkins |
Endowment funds to nearest £ - - - |
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 26/04/2024 26/04/2024 |
CCXX R2 accounts (SS)
26/04/2024
2