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