**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 - (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; 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. - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **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** **TAR** 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)** - 1) Provision of Gliding as recreational activity for Members of the Charity (including Service Personnel and HM Armed Forces Veterans) on a weekend and mid-week basis through the reporting year. With particular emphasis on Juniors to develop them to solo flying standard and build personal skills and confidence with potential for military aviation career. - 2) Provision of Foundation Gliding Courses as Adventurous Training for Army Service persons over defined periods through the year. - 3) Provision of Basic Gliding Course (over 5 days) to Wounded and Injured Service persons, both Serving and Veterans. - 4) Provision of Gliding familiarisation to trainee Service Test Pilots as part of their development course. - 5) Supported Bi-Service Adventure Training Expeditions to French Alps through provision of equipment and qualified Instructors. - 6) Supported Inter-Service Gliding Competition as recognised and approved Service Sport through provision of organising and delivery staff, equipment and facility. - 7) Delivered gliding Trial Flights to Service families to introduce the activity, with particular emphasis on Juniors. 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: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. March **2012** **TAR** 3 ## Section D Achievements and performance - **Summary of the main** 1) Overall (including training courses and recreational flying) - **achievements of the charity** delivered 3140 glider flights (of varying duration from 5 minutes to - **during the year** 5 hours) over the period, with a total flight time of 825 Hrs. A significant majority of the flights were instructional training flights. - 2) Delivered 360 man-days of gliding training to Army Service persons, upto and including Solo flight. - 3) Delivered 60 man-days of gliding training to ‘Wounded and Injured’ Service persons and Armed Forces Veterans, upto and including Solo flight. - 4) Enabled 6 trainee pilots, Service persons, Veteran and young people to reach the standard for Solo flight. - 5) Progressed 5 pilots through to BGA Bronze standard, 4 of which were juniors. - 6) Charity members maintained a fleet of Army Gliding Association glider assets, worth circa £0.5M, to enable and deliver the Charity flying outputs. - 7) Delivered 7.5 man-days of glider flying familiarisation and training to Service (UK and Overseas) pilots as part of their Test Pilot training and development course. - 8) Negotiated a lease with Defence Infrastructure Organisation to consolidate and regularise the Charity’s ongoing facility at the MOD’s Upavon Airfield. March **2012** **TAR** 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. - the charity’s principal sources of funds (including any fundraising); - how expenditure has Investment Policy: No investments are held. - 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)** Paul Jessop Jamie Sage Jamie Sage **Full name(s)** Paul Jessop **Position (eg Secretary, Chair,** Treasurer Chair **etc) Date** 25 Nov 25 March **2012** **TAR** 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