CHAIR OF TRUSTEES REPORT FOR 2120 AIR CADET SQUADRON
I am pleased to present the trustee report for 2120 Air Cadet Squadron, Witney for the fiscal year ending 31[st] March 2024. As the Chair of Trustees of the squadron, it is my responsibility to oversee the financial management and ensure the proper utilisation of funds.
Details of receipts are attached as are details of expenditure during the fiscal year. These funds were used to support various activities and programs for the cadets, including training exercises, equipment purchases, and community outreach initiatives.
I am pleased to report that the squadron has maintained a strong financial position throughout the year, with expenses carefully monitored and controlled to ensure that funds are used efficiently and effectively. Our financial records have been reviewed and audited by an independent auditor, and I am happy to report that no discrepancies were found.
In addition to financial oversight, I have also worked closely with the squadron leadership to ensure that all activities and programmes are in line with the squadron's mission and values. I have provided guidance and support to help the squadron achieve its goals and objectives, and I am proud to see the positive impact that the squadron has had on the cadets and the community.
Looking ahead, I will continue to work closely with the squadron leadership to ensure that financial resources are used responsibly and that the squadron remains in compliance with all regulations and guidelines. I am confident that with continued diligence and dedication,
2120 Air Cadet Squadron will continue to thrive and make a positive impact on the lives of the cadets and the community.
Thank you for the opportunity to serve as trustee for 2120 Air Cadet Squadron. I look forward to continuing to support the squadron in the years to come.
Sincerely,
Ron Spurs
Ronald Spurs DL 8[th] February 2026
*n¢• tcelpts A. In1 IKYn •n ¢cou 40.oj c. Pemianenl ETrlowrneni Recel 15 d. LOG41 Sub K)nsor Donabons 7.335. . R•ceipt5 IFOM su1 l La oi PrgmY6es l Grant$ Irom EducalKn orLocal Athh)Trtylstale nalutsof GntI g ¢omrnunty FL IN81iDnal Lott Gtantl enora nsu Spa¢¢ (x) nueonp . Cadei Subscnplions 11,292. b. 8and ¢ Sport 1.171.94 d. Canteen e. HQ RAFA urse R8nd f. NQ RAFAC- Rgbong Alowanc¥ Sooal & F-raIsI Sle nature ol acbvit h. Bank Com en5alK)n received Bank account iffjeresl 28.31 4. Other R•col t• Sund Courstr Fee5 a. Grft Claim M>. 1 b. GrtAid Claim . 2 962.00 1.4S).SO •na • year ap .67 ' TOYALS AWID B AIUST AGREE
OaDoro b Loon r• afior •norn . Cadwi Sub$criptn9 to Wing 2.402 b. Band c. Swrts d. Cant88n . InJurJn l. Rrfal4f L4nd orPtEtniue$ . S r0 O*ned Vehide so 1.349.02 h. Sockal & Fund-raisin Wimey Camival Remembranc4 D c¢1 So•al$ HalknwggnlChriÈhnasl 51019 n8turg of 450 00 a•n BT & technol Purcha58 Of laptops.suoens and ptiltè otfice and admin costs Coutses and Event3 RBL Po an¢• In 1.307.47 7,846 88 ar9 oun 15,414.68 34.380. "TOTALS AAPID 8 MUST AGREE Vw¥kn4.0
n•ne• • Loèn or obprdra b Loan paymentS lif applicable) a•nts dLt¢•t onor rat •n•ra aym•nts ns Icient space ntInue on p ain s a. Cadet Subscnplions to Wing 2,402.50 b. Band c. Sport¥ d. Canteen •. In$ur8nce 0.00 f. Rental of Land or Premises g. Squadron Ilyned Vehicle ISOV 1.349 02 h. Rations Social & Fund-raising Istate nature of 8¢tiv Wilney Carnival Remembrance Day Cadet Socia15 IHalloweenlChristmasl 800 80 450.00 836.57 er ayments speci BT & technolo y ctssts Purchase of laptOPs.s¢reens and printers Office and admin costs Cc>urses and Events RBL Po eal anc• In an 1,307.47 000 3.945.27 7,846.86 27.50 15.414.68 £34.380.67 asa arc are ccoun TAL ' TOTALS A AND B MUST AGREE 8TATEMENTOF 8QUADRopfMknAND UABIU
Inc• an asat •celpts n¢•r•st & rant a. Inlerest from Depjsrt accounts arc re ccounl 11.240.03 b. Legades c. Permanent Endovrnenl Receipis d. Local Subscriptions or Donations 7.335.20 e. Re¢eipts frorn Sub-lètting of Lar or Premises f. Grants from Education or Local Authority (state nature of Gr8nll Community Fund (National Lottèry Grant) enera trcè Cadet Subscriptions Insu Icien space con Inue on p ain s eè 11,292.69 b. Band c. Sport 1,171.94 d. Canteen e. HQ WAC- Course Refund 900.00 f. HQ RAFAC - Rations Allowance Social & Fund-raisin slate nature of 8Ctivit h. Bank Com ensalion received 0.00 i. Bank account Interest 28.31 4. Othér Recei ts Ispe¢ifyl Sund includin Course Fees a. Gift Aid Claim No. 1 b. Grft Aid Claim No. 2 0.00 962.00 1.450.50 ana vance • year app £34.380.67 ' TOTALS AAND 8 MUST AGREE
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Alr Trainlng Corps Squadron Summary of AC¢TS FOIIIIIQ Sguadron Account lor the Year Ended 31 M•r¢h 2 2025 I ctsrtfythai al a¥ei$ recdvèdon b¢haKan01he d.. 2120 {wneY> Squad AT¢ from Invostmenis. PeTrnanBnt EnouttLI. Us&01 OT &JlbJiws 410th fund inoime swrcBs, have been piopty rects¢& and èccount8d foras Sh th the Wrnrnaryol tewesenls iho Iotsi Ass£ts. PahiM8nts ot Ihesquadnjn for rhearenl9 31 Math ThFvos8 IAthe 10 I •Wlt ihan £100,000 thJrlrwJ Fr 30Apnl 2D25 T&slerts Signaiwe". Treas3 NAmplln C•111.. Ee 6owell Is the Squadrun re6lttère&fof Glft Yt5 Ye5 No This SlatèWtofR1p1x t1 by knmltee. s4¥d on thè Cthrnltt¢e'6 ". Rspurs WING DATE STAMP For Wlng HQ Us• Only NThllnCW•l". In tt Ststprnl ol&w•kn AsseL8, do ¥ny L¥¥1 by MOD, AFCA ty4vryotrw Publk 80ty PU4C Authortii In enL Trna5uFws ffl1 erffjur• that 1 RFIl IiLYn tyJtsbJtseodiBti, ?.•. V*kn40
otal V•lug ol Inveslnnls h8k1 olal Valuè ol LèrJ armllor buihji sqLdn Total Valuè of all other Squ&Jron A8S8tS A*sths • rArt Bank balances & cash k1 Ithis sh)uhY equal P An mon5 ow¥J lo the adron as an as ,414. QUAD N ASSET An material Iiabilili85 Ihal need lo be mèt from the funds 65.914.88 TOTAL SQUADRON L ABI IE £0.00 een qua nua tatement ounL following Charlty Fundraislng sectlon to show th• valu• of Alr Cadots to our communities. CHARITY FUNDRAISING The following supplementary question relates to charitable donatn$ made by the squadTon during the financial year. The donation5 may be amounts paKI directly to the charity from souadron fLFnds litemised on page 31 or indirectly by using collecting tins. in which ¢ase the charity concerned would norrnally inforrn th8 5quadmn ol the proc88d. This section is not subject lo scrutsny by the independent examiner. The total amount donated or collected on behalf of should be stated bebw.. Amount of Mong rals•d b tho S n for-otherf. Charltl•$ eg. Wings Appeal. RBL Poppy- Please list benefi¢kqrs and amounts leven rf eslirnaie Amount £0.00 TOTAL £0.00
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