2021-09-30-accounts - Air Safety Trust

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TRUSTEES		Mr. D Reeh, BSc(Eng), FRAeS	Mr. D Reeh, BSc(Eng), FRAeS	Mr. D Reeh, BSc(Eng), FRAeS	Mr. D Reeh, BSc(Eng), FRAeS
		P.J.Tacon, BA, FCIS
		Capt C Spurrier BSc(Eng)
		Mr R Piper BSc
		Sqn Ldr (retd)	A N Goodwyn		MA cfs
PRINCIPAL OFFICE		Air Pilots House
		52a Borough	High Street
		London
		SE1 1XN
BANKERS		Barclays Bank pic
		326-328 HlghHolbom
		London
		WC1V 7PE
INVESTMENT ADVISORS		Sarasin &Partners		LLP
		Juxon House
		100St Paul's	Churchyard
		London
		EC4M 8BU
CHARITY REGISTRATION NUMBER		236167
INDEPENDENT	EXAMINER	Paul Newman
		Beren House
		East End
		Aynho Road
		Adderbury
		Oxfordshire
		OX173NJ

						2021	2020
					Notes	6
Income and endowments		from
Donations from Air Charities		Trust				18,500	24,000
Other donations						5,306	310
Investment income						14,363	15,138
Total						38,169	39,448
Expenditure on
Grants, scholarships	and donations					23,063	10,507
Support costs						7,945	7,954
Management and administration						8,192	8,350
Total						39,200	26,811
Net (deficit)/surplus						(1,031)	12,637
Gain on disposal ofthe participating			interest	in the property			750,000
Investment revaluation	gains				8	60,236	3,120
Net movement in funds						59,205	765,757
Balance at 1 October	2020					1,951,376	1,185,619
Balance at 30September		2021				2,010,581	1,951,376

		2021	2020
	Notes	E	6
Fixed assets
Tangible Assets		1,402,029	1,409,565
Investments		561,222	452,484
		1,963,251	1,862,049
Current assets
Debtors		202	188
Bank and cash balances		55,831	92,809
		56,033	92,997
Creditors	10	8,703	3,670
Net current assets I(liabilities)		47,330	89,327
Tota I net assets		2,010,581	1,951,376
Funds		2,010,581	1,951,376

2.	Investment	income	income
							2021	2020
							E
	Dividends						14,363	15,138
							14,363	15,138
3.	Grants, Scholarships				and Donations
							2021f	2020 F
	The amount	payable		in	the year comprises:
	Bursaries						3,000	3,000
	Donations						7,405	6,528
	Scholarships						12,059
	Affiliated society		subscrlptions				487	979
	Cobham Lecture		expenses				112
							23,063	10,507
4.	Support costs
							2021f	2020 6
	Accommodation		costs				113	142
	Equipment and computer					costs	262	179
	Travel expenses						6	12
	Trophies and	awards					28	41
	Trustee meetings							43
	Depreciation						7,536	7,537
							7,945	7,954
5.	Management	and administration
							2021f	2020f
	Administration	services					4,985	4,949
	Independent	examination				fees	300	300
	Accountancy						2,400	2,400
	Telephone and communications						160	130
	Postage, printing		and	stationery			16	220
	Professional	committees					304	341
	Bank charges						19
	Sundry expenses						8	10
							8,192	8,350