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. In￿1 IKYn
•n
¢cou
40.oj
c. Pemianenl ETrlowrneni Recel 15
d. LOG41 Sub
K)nsor Donabons
7.335.
. R•ceipt5 IFOM su￿￿1￿
l La￿ oi PrgmY6es
l Grant$ Irom EducalKn orLocal Athh)Trtylstale nalutsof G￿ntI
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 R8￿nd
f. NQ RAFAC- Rgbong Alowanc¥
Sooal & F￿￿-raIsI
S￿le 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$cript*n9 to Wing
2.402
b. Band
c. Swrts
d. Cant88n
. InJurJn
l. R*rfal4f L4nd orPtEtniue$
. 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

21
In c￿￿K)n ￿lIti my 8xAminalkin had b8en ￿J1 in
Annex A. Chaptei 4 of ACP701. no lTra6 come to rny atten1W￿ l¢Ylw than thatdMdDwJ
a. whKh gbves me rea8onabkn wse ￿ bpAiovo thai, In rnatw￿ r05p•A. its wuraments.
. 10 koep records and lar
. ￿ wepare a￿￿JnIS wh￿h 8¢¢tyd the ¥xwuntir*J *•
I￿O￿￿ting requirementa ha￿ not bèen m•1. or
b. to Yknkh. In my opinion. atienlvJD shL¥Jld ￿ drwm in 10 eltr•
Gfv? h8r8 brtdld&t*lsof any it•ns thai
Ihe 8xaminer wlshps todisd098.
Onty C￿n￿￿te Ilthe examiwr r￿S to
highllght ma￿￿è1 pioblems (use
Sep•rn￿ stteel Js not¥ssaryl
21t.10.202
Name
Oliver S',Ils
Re￿vant profe88kffial quaI￿lea1￿7nI$I
or body Irf anyl
Addre5$
S ￿ Creth, UJ.,
,ONthkire
XQgaAf
Notv..
An Independeni examln8r1$ an Indepandenl persw Is reason•tAy bab￿80 by tha squ•drr
comffllltee Ilruslees of the acwunll to h•ve Ihe requl8iie ability and ￿11¢81 to cary (Njt a
cOmpe￿nI examinat￿n oflhe ac¢ouThts
This
son mu51 bo 50ffl8one other than a s
of ￿ treasurerfs cubf￿al• aTrJ
DPA2011 Thl•fomi ¢oni•ln•wtwnd d•nn•d bylh• DPA 2010. TM ￿N￿O￿tI￿•￿rI￿I1Id￿1
¥lthdwd•n•Uf• th•t not ws•d tV•n￿￿0 *hol¥ nol •uthLYlx•dtr*¥••ll.
Inlum￿Offl PTQVIthd￿ll b• woc•BMdIn*cGvdin￿whh¢h•
• Ilnki b•1(￿..
Prf¥
Ver8hJn 4.0

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¢haK￿an0￿1he d..
2120
{w￿neY>
Squad￿￿ AT¢
from Invostmenis. PeTrnanBnt Enou￿tt￿LI. Us&01￿ OT &JlbJiws 410th
fund inoime swrcBs, have been piopty rects¢& and èccount8d foras Sh￿￿ th the Wrnrnaryo￿￿￿l
tewesenls iho Iotsi Ass£ts. PahiM8nts ot Ihesquadnjn for rhe￿aren￿l￿9 31 Math
ThFvos8 I￿Athe 10 I￿ •W￿l￿t ihan £100,000 thJrlrwJ Fr
30Apnl 2D25
T￿&s￿lerts Signaiwe".
Treas￿￿3 NAmplln C•￿*111..
E￿￿e 6owell
Is the Squadrun re6lttère&fof Glft
Yt5
Ye5
No
This SlatèWtofR￿1p1x t￿1 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 PU￿4C Authortii
In ￿e￿nL Trna5uFws ffl￿1 erffjur• that *1 R￿￿FIl IiLYn tyJtsbJtseodiBti, ?.•.
V**kn40

otal V•lug ol Invesln*nls h8k1
olal Valuè ol Lèr*J armllor buihji
sqL￿d￿n
Total Valuè of all other Squ&Jron A8S8tS A*sths • rArt
Bank balances & cash ￿k1 Ithis sh)uhY equal P
An
mon￿5 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 donat￿n$ 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¢kqr￿s and amounts leven rf
eslirnaie
Amount
£0.00
TOTAL
£0.00

Auditor's Report
2k10.2
Oliwr S',ft,
ori￿y{la
rcon
¥Q9dl
Th
thin•
OPA2011