## **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**
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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||||
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## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
**TAR**
March **2012**
1
|**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**|
|---|---|---|
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|**Name of chief executive or names of senior staff members (Optional information)**|||
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## **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:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- 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**
**TAR**
March **2012**
2
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:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
**TAR**
March **2012**
3
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.
**TAR**
March **2012**
4
## **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:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- 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||
**TAR**
March **2012**
5
**----- Start of picture text -----**
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
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ - ] - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts - - - - -
A3 Payments
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
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
**----- End of picture text -----**
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