2020-12-31-accounts

CONTENTS		PAGE
Information
Trustees' Report		2-4
Independent Examiners'	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts		8 —11
Detailed Profit and Loss	Account	12

Directors		D A Brocklehurst,	D A Brocklehurst,	MBE	MBE
		R Windrow
		D TSutton
		E Hawkes
Company	Secretary	P BGriffiths,	FCA
Solicitors		Hallet &Co Solicitors
		11 Bank Street
		Ashford
		Kent
		TN23 IDA
Accountants		Charcroft Baker LLP
		Chartered	Accountants			and Registered	Auditors
		5 West Court
		EnterpBse Road
		Maidstone
		Kent ME15	6JD
Bankers		National Westminster			Bank Pic
		PO Box4
		Maidstone
		Kent ME14	IXU
Registered	Office	Hawkinge Airfield
		Aerodrome	Road
		Hawkinge
		Nr Folkestone
		Kent
		CTI8 7AG

			Notes	2020	2019
TURNOVER				62,051	97,615
Administrative expenses				40,655	42,571
				21,396	55,044
Gain/(loss)	on revaluation	of investments		(28,288)	(10,958)
Donations	and legacies			14,622	11,728
Income from investments				2,758	5,478
Other operating income				34,358	1,124
Net income / (expenditure) activities before and after		on ordinary taxation		44,846	62,416
Unrestricted	Funds Brought	Forward		977,020	914,604
Unrestricted	Funds Carried	Forward		1,021,866	977,020

					Notes	2020	2019
FIXED ASSETS
Museum Exhibits						448,591	413,341
Memorial						150,000
Plant 8, Equipment						4,086	4,973
Land & Buildings						138,158	138,158
						740,835	556,472
CURRENT ASSETS
Investments					6	45,570	73,858
Cash at bank and		in	hand			311,611	347,690
						357,181	421,548
CREDITORS:
Amounts falling	due		within	one	7	1,150	1,000
year
NET CURRENT ASSETS						356,031	420,548
TOTAL ASSETS LESS		CURRENT
LIABII.ITIES						1,096,866	977,020
CREDITORS:
Amounts falling due after more					8	75,000
than one year
NET ASSETS						1,021,866	977,020
CAPITAL AND RESERVES
Share Capital
Unrestricted funds						1,073,208	1,000,074
Fair value reserve						(51,342(	(23,054)
TOTAL UNRESTRICTED FUNDS						1,021,866	977,020

							2020	2019
Profit on	ordinary	activities		is	stated	after
charging:—
Depreciation	on Owned		Assets				1,362	1,658

5. TANGIBLE FIXED	ASSETS
	Freehold			Plant 8,
	Land &	Exhibits	Memorial	Equipment	Total
	Buildings
			f		E
Cost
At 1» January 2020	183,198	413,341		22,288	618,827
Additions		35,250	150,000	475	185,725
Disposals
At 31»December 2020	183,198	448,591	150,000	22,763	804,552
Depreciation
At 1«January 2020	45,040			17,315	62,355
Charge for the year				1,362	1,362
Disposals
At 31»December 2020	45,040			18,677	63,717
Net Book Value
At 31»December 2020	138,158	448,591	150,000	4,086	740,835
At 31«December 2019	138,158	413,341		4,973	556472

CI.	CURRENT ASSET INVESTMENTS	2020	2019
	Listed Investments	45,570	73,858
7.	CREDITORS
	Amounts falling due within one year	2020	2019
	Accruals and Creditors	1,150	1,000
B.	CREDITORS
	Amounts falling due after more than one year	2020	2019
	Other creditors	75,000

		Fair
	Retained	Value	Unrestricted
	Earnings E	Reserve f	Funds E
Balance at 1 January 2019	926,700	(12,096)	914,604
Profit	62,416		62416
Transfer to fair value reserve	10,958	(10,958)
Balance at 31 December 2019	1,000,074	(23,054)	977,020
Profit	44,846		44,846
Transfer to fair value reserve	28,288	(28,288)
Balance of31 December 2020	1,073,20B	(51,342)	1,021,366

Notes			2020	2019
Turnover: Admission fees			62,051	97,615
Gain/loss on revaluation	ofassets
Gain/(Loss) on revaluation investments	of		(28,288)	(10,958)
ADMINISTRATIVE EXPENSES
Transport and Equipment	hire	5,750		4,226
Repairs and maintenance		14,904		10,216
Electricity		2,461		2,621
Rent and Rates		1,617		3,701
Stationary, postage and telephone		2,197		2,695
Advertising		3,816		9,607
Insurance		5,042		4,818
Accountancy and bookkeeping		2,743		2,073
Bank charges		306		797
Depreciation		1,362		1,658
Sundry		457		159
			40,655	42,571
			(6,892)	44,086
Other operating income:
Donations		14,622		11,728
Interest receivable		858		1,124
Dividends Grants receivable		2,758 30,000		5,478
Miscellaneous sales		3,500
			51,738	18,330
PROFIT FOR FINANCIAL YEAR
TRANSFERRED TO RESERVES			44,846	62,416