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2025-09-30-accounts

Trustees' Annual Report for the period Period start date Period end date Day Month Year Day Month Year From 1 Oct 2024 To 30 Sep 2025

Section A Reference and administration details

Charity name Army Gliding Club (Wyvern) CIO Other names charity is known by None Registered charity number (if any) 1211787

Charity's principal address Upavon Airfield, Trenchard Lines Pewsey, Wilts Postcode SN9 6BE

Names of the charity trustees who manage the charity

1
2
3
4
5
6
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
James William
Sage
Chair of Board of
Trustees
Army Gliding Association
Paul Edward
Jessop
Treasurer
William Blakey
Alicia Mary
Carpenter
Secretary
Paul Wright
Tarlochan Singh
Marwaha
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for wholeyear

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

March 2012

TAR

1

Section B Structure, governance and management

Description of the charity’s trusts

Constitution dated 20 Jan 25 Type of governing document

(eg. trust deed, constitution) Association Charitable Incorporated Organisation How the charity is constituted

(eg. trust, association, company) Appointed and Elected iaw Constitution Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

The Army Gliding Club (Wyvern), a CIO, was registered on 20 Jan 25, within the Reporting Year. However, this Trustee Annual Report (and supporting financial reports`) cover the full period of 1 Oct 24 to 30 Sep 25.

The Charity is affiliated to the Army Gliding Association, itself an Excepted Charity.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the CIO (“Objects”) are, for the benefit of the public, to promote the efficiency of the Armed Forces of the Crown in particular, but not exclusively, by providing facilities for, and promoting participation in, gliding and soaring by members of the British Army (and other members of the Armed Forces) in order to: (a) develop individual skills, resilience and confidence; (b) encourage esprit de corps; and (c) promote the health and welfare of participants both physically and mentally in each case, for the benefit of the British Army and beyond.

March 2012

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2

This Charity provides public benefit by assisting Service personnel more effectively perform their roles within the Armed Forces of the Crown. It does this by providing and supporting gliding and soaring recreational activities. This assistance enables Service personnel to face the challenges and danger associated with military service by developing and maintaining teamwork, spirit and attitude, and morale. As a result, the fund promotes the efficiency of the Armed Forces of the Crown by enhancing their roles demanded of it including the defence of the United Kingdom and its interests.

Specifically:

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 confirm that they have paid due regard to the Charity Commission of England and Wales’s guidance on public benefit when deciding what activities the charity should undertake.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

March 2012

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3

Section D Achievements and performance

March 2012

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4

Section E Financial review

It is the policy of the trustees to maintain a level of income sufficient to Brief statement of the meet the anticipated demands on its resources and to maintain a level of charity’s policy on reserves free reserves. This is to ensure that the charity will be able to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Board considers that it has sufficient reserves for 12 months operation in event of major reduction in gliding course income stream. The Board aims to set reserves at min of £25,000.

Details of any funds materially in deficit

Further financial review details (Optional information)

Financial Review:

You may choose to include The fund had on overall value of £88.9K including ancillary property additional information, where worth £29.9K. relevant about:

This compares to the £94.5K held at the end of the previous year as an excepted charity. The fall was largely a result of depreciation costs offset by members and course fees which had exceeded expenditure. The bank held £56.7K which easily covered the £4.9K in liabilities.

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) Paul Jessop Jamie Sage Jamie Sage Full name(s) Paul Jessop Position (eg Secretary, Chair, Treasurer Chair etc) Date 25 Nov 25

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5

Army Gliding Club (Wyvern) - CIO

12

Recei ts and a ments accou p p y

For the period from

01/10/24

To

Section A Receipts and payments

Unrestricted funds

Restricted funds

Endowment funds

to the nearest £ to the nearest £ to the nearest £

Unrestricted
funds
to the nearest £
Restricted funds
to the nearest £
Endowment
funds
to the nearest £
A1 Receipts
Member Fees 33,446 - -
Voucher Sales 909 - -
FiT 283 - -
ExAQ25 18,946
AGA/ISRGC 35,371
ArmySport Grant 9,450
Course Fees 40,733 - -
Bar Sales 961 - -
- - -
- - -
Sub total(Gross income for AR) 140,099 - -
Sub total(Gross income for AR) 140,099 - -
A2 Asset and investment sales,
(see table).
- - -
- - -
Sub total - - -
Total receipts 140,099 - -
~~CCXX R1 accounts (SS)~~
~~1~~
A3 Payments
Avgas(Aircraft Fuel)
1,905
Aircarft Insurance Premiums
24,031
Employer LiabilityInsurance
1,037
Ground Equipment Repair and Maint
4,798
Glider Repairs and Maintenance
31,569
Motorglider Repairs and Maint
1,791
POL(Ground Fuel)
1,940
BGA Levy
2,641
Aerotow Costs
2,045
Glider Hire
3,100
Radio Licence
75
Parachute Repack
990
Bank Charges
99
Professional Fees and Charges
3,017
Bar Stock
629
Club Merchandise
662
Ground Rent
544
IBGA InstructorLevy
538
AGA Capital Equipment Levy
3,460
ExAQ25
18,660
Sundry
2,906
ISRGC
34,665
Glidex Member Refund
395
-
-
-
-
-
-
-
-
-
-
-
-
~~02/02/202~~
-

----- Start of picture text -----
Sub total 141,499 - -
A4 Asset and investment
purchases, (see table)
- - -
- - -
Sub total - - -
Total payments 141,499 - -
- - -
Net of receipts/(payments) 1,400
A5 Transfers between funds - - -
A6 Cash funds last year end 58,112 - -
Cash funds this year end 56,712 - -
----- End of picture text -----

CCXX R2 accounts (SS)

02/02/2026

2

Section B Statement of assets and liabilities at the end of the peri

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
Details
HSBC Account
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Unrestricted
funds
to nearest £
56,711
-
-
56,711
Agreement Error
Unrestricted
funds
to nearest £
-
-
-
-
-
-
Fund to which asset
belongs
B4 Assets retained for the
charity’s own use
Details
Property (Aircraft, Vehicles, Eqmt)
Member Flying Accounts in Debit
Stock
Aircraft Insurance Prepaid to 6 Dec 25
Ground Insurance Prepaid to 2 Sep 26
Rent Prepaid to 30 Jun 26
Fund to which asset
belongs
Property (Aircraft, Vehicles, Eqmt) Unrestricted funds
Member Flying Accounts in Debit Unrestricted funds
Stock Unrestricted funds
Aircraft Insurance Prepaid to 6 Dec 25 Unrestricted funds
Ground Insurance Prepaid to 2 Sep 26 Unrestricted funds
Rent Prepaid to 30 Jun 26 Unrestricted funds

B5 Liabilities

~~3~~
Details
Member Flying Account in Credit
ISRGC Creditors
Fund to which
liability relates
Member Flying Account in Credit Unrestricted funds
~~3~~
ISRGC Creditors
~~02/02/2026~~
Unrestricted funds

Unrestricted funds Unrestricted funds ~~02/02/2026~~

CCXX R3 accounts (SS)

~~3~~

Signed by one or two trustees on behalf of all the trustees

PNIE Unrestricted funds
Signature Print N
PaulJessop Paul Je
Jamie Sage James S

CCXX R4 accounts (SS)

02/02/2026

4

211787

unts CC16a 27/09/25

Total funds

Last year

to the nearest £ to the nearest £

----- Start of picture text -----
33,446
909
283
18,946
35,371
9,450
40,733
961
-
-
140,099 -
----- End of picture text -----

-
- -
- -
140,099 -

1,905 24,031 1,037 4,798 31,569 1,791 1,940 2,641 2,045 3,100 75 990 99 3,017 629 662 544 538 3,460 18,660 2,906 34,665 395 - ~~5~~

CCXX R5 accounts (SS)

02/02/2026

----- Start of picture text -----
141,499
----- End of picture text -----

----- Start of picture text -----
-
-
- -
141,499 -
- -
1,400
- -
58,112 -
56,712 58,112
----- End of picture text -----

CCXX R6 accounts (SS)

02/02/2026

6

Restricted funds Endowment funds

to nearest £
-
-
-
-
OK
Restricted funds
to nearest £
-
-
-
-
OK
Endowment funds
to nearest £
-
-
-
-
-
-
to nearest £
- -
- -
- -
- -
- -
- -
Cost (optional)
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
- -
Cost (optional)
-
-
-
-
-
-
-
-
-
Current value
(optional)
- -
- 29,897
- 2,116
- 50
- 3,816
- 950
- 204
- -
- -

Amount due When due (optional) (optional) 3,912 775 ~~7~~

CCXX R7 accounts (SS)

02/02/2026

220
-
-
Name
essop
Sage
Date of approval
17-Jan-25
17-Jan-25

CCXX R8 accounts (SS)

02/02/2026

8

PN INDEPENDE￿r EXAMINATIONS 5 Nurs¢ry Rodd I lav(Inl Plunls F)09 3B(i 07801 ()64450 Th¢ Chair Arniy Gliding Club (Wyvern) CIO 24 Nov 25 ARMY GLIDING CLUB WYVERN CIO- EXAMINATION OF ACCOUNTS- SEP 25 The examination of the Club's fijnd for the year ending 30 Sep 25 has been completed satisfaclorily. Two copies of the accounts are enclosed. Status Although previously an"Excepted Charity." the Club would have had to register as an unincory)ordted charity this yw Ls its income exceeded £IOOK. However, the committee went a step fvrther and registered the AGC as a charitable incorporaied organisation (CIO) on 20 Jan 25. A CIO is a corporate forni of b￿sineSs designed for (and only available to) ch￿]￿ble organisations. The main benefits of the CIO are that the charity is a corporation with legal personality as this protects its tNstees as they have limited liability in the event the charity becomes insolvent. Accounts As the AGC is a different legal entity from the Uninc0ry￿ratCd excepted charity it had been, the opwrtunity was taken to start the accounts afresh with Receipts and Payments accounts. These are simpler accounts to maintain than the Accnwls Accounting system previously used. Th¢ accounts were well presentrd on a series of spreadsheets with accurate links. Bar stock and m¢rchandis¢ purcbases were shown &8 expenditure items. However, sales w¢re recovered through m¢n]ber's Glid¢x flying accounts. This means that sales ar¢ not visible in the accounts. Considerntion should be given to rnaking income from the bar and merchandise more visible. No stock check w&s conducted but as stocks are kept low. a notional figure of £50 is used in th¢se accounts. With stock figures being the same at th¢ start and end of the year and as sales were known to totsl £961 and purchases £629. it would appear that the bar made a 530/0 profit, Incom¢ of £0.9K cam¢ from vouch¢rs for non-member trial flights which are predominantly paid on the day. However, a few are pre-501d &8 vouchers but there is no record of how many remain outstanding at year ¢iid.

B￿]k Acci)iinls Thcrc is ()nly oiic bank acc()unl whicli hcld £56.7K. 'I'he .8aving8. dcpo.g11, F uro and US I)ollar accounis hcld zero fund8. The register was comprehensive and up to date. Property was worth £29.9K after the ddition of itenis of gr()und cquipment for £2.4K but Icss dcpreLialion and wrilc off costs of £10.8K. Fl 'in Accounts These include membership and flying costs as well as bar and stock purchwy. At any one tirne some are in debi (owing the club) £2. IK and others in credit (the Club owes them) £3.9K. io. The fund h&s on overall value of £88.8K including propety worth £29.9K. This compares to the £94.5K held at the end of the previous year. The fall was largely a result of d¢preciation costs which were offset by the members and course fees that had exceeded expenditure. The bank held £56.7K which easily covered the £4.9K in liabilitles. P A Nicholls PN Independ¢nt Examinations