| 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. | MBE | MBE | ||
|---|---|---|---|---|---|
| R Windrow | |||||
| D TSutton | |||||
| EHawkes | |||||
| J Richardson (Appointed |
18/06/2023) | ||||
| D LHertz (Resigned 30/08/2022) | |||||
| Company Secretary | P 8 Griffiths, FCA |
||||
| Solicitors | Hallett 5,Co Solicitors |
||||
| 11 Bank Street | |||||
| Ashford | |||||
| Kent | |||||
| TN23 IDA | |||||
| Accountants | Charcroft Baker LLP | ||||
| Chartered Accountants |
and Registered | Auditors | |||
| 5West Court | |||||
| Enterprise Road | |||||
| Maidstone | |||||
| Kent ME156JD | |||||
| Bankers | National Westminster |
Bank Pic | |||
| PO Box4 | |||||
| Maidstone | |||||
| Kent ME141XU | |||||
| Registered Office | Hawkinge AirfIeld |
||||
| Aerodrome Road |
|||||
| Hawkinge | |||||
| Nr Folkestone | |||||
| Kent | |||||
| CTI87AG |
| Notes | 2021 | |||
|---|---|---|---|---|
| TURNOVER | 99,469 | 76,995 | ||
| Administrative expenses |
76,158 | 28,560 | ||
| 23.311 | 46,635 | |||
| Gain/(loss) on revaluation |
ofinvestments | (660) | 13,118 | |
| Donations and legacies | 29,782 | 30,314 | ||
| Income from investments | 2,936 | 1,166 | ||
| Other operating income |
6,911 | 24,521 | ||
| Net income / (expenditure) activities before and after |
on ordinary taxation |
62,280 | 117,554 | |
| Unrestricted Funds Brought |
Forward | 1,139,420 | 1,021,866 | |
| Unrestricted Funds Canied |
Forward | 12 | 1,201,700 | 1.139,420 |
| Notes | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||
| Museum Exhibits Memorial Plant &Equipment Land fLBuildings |
482,680 168.300 3,193 138,158 |
466,957 150,000 3,065 138.158 |
||||
| 792.331 | 758.180 | |||||
| CURRENT ASSEIS | ||||||
| Investments Cash at bank and in |
hand | 7 | 58,028 367,041 |
58,688 361,252 |
||
| 425,069 | 419,940 | |||||
| CREDITORS: | ||||||
| Amounts falling |
due | within | one | 8 | 15.700 | 1,200 |
| year | ||||||
| NET CURRENT ASSETS | 409,369 | 418.740 | ||||
| TOTAL ASSETS LESSCURRENT | ||||||
| LIABILITIES | 1,201,700 | 1,176,920 | ||||
| CREDITORS: | ||||||
| Amounts falling due after more than one year |
37,500 | |||||
| NEf ASSETS | 1,201,700 | 1,139,420 | ||||
| CAPITAL AND RESERVES | ||||||
| Share Capital | 10 | |||||
| Linrestrlcted funds Fair value reserve |
1.240,584 (38,884) |
1,177,644 (38,224) |
||||
| TOTAL UNRESTRICTED FUNDS | 12 | 1,201,700 | 1,139,420 |
| The average number | The average number | ofemployee | s |
durIng t | he year was | I (2021:NIL). | ||
|---|---|---|---|---|---|---|---|---|
| 4. | PROFIT ON ORDINARY | ACTIVITIES | ||||||
| 2022 | 2021 | |||||||
| Profit on |
ordinary | activities | is | stated | after | |||
| charging:- | f | R | ||||||
| Depreciation | on Owned Assets | 1,064 | 1,021 |
| Freehold | Fiant a | ||||
|---|---|---|---|---|---|
| Land S, BuEdlngs |
ExhlbEs | Memorial | Equipment | Total | |
| Cost | |||||
| At I » January 2022 Additions Disposals |
183,198 | 466,957 15,723 |
150.000 18,300 |
22,763 1,192 |
822,918 34,809 |
| At 31»December 2022 | 183,198 | 482,680 | 168,300 | 23,955 | 858,133 |
| Depreciation | |||||
| At I» January 2022 Charge for the year Disposals |
45.040 | 19,698 1,064 |
64.738 1,064 |
||
| At 31»December 2022 | 45,040 | 20,762 | 65,802 | ||
| Net look Value | |||||
| At 31»December 2022 | 138,158 | 482,680 | 168,300 | 3,193 | 792,331 |
| At 31»December 2021 | 138,158 | 466,957 | 150.000 | 3,065 | 785,180 |
| 7. | CURRENT ASSET INVESTMENTS | 2022 | 2021 |
|---|---|---|---|
| Listed Investments | 58.028 | 56,688 | |
| E. | CREDITORS | ||
| Amounts falling due within one year |
2022 | 2021 | |
| Accruals and Creditors | 15,700 | 1,200 | |
| 9. | CREDITORS | ||
| Amounts falling due after more than one year |
2022 | 2021 | |
| f | f | ||
| Other creditors | 37,500 |
| Fair | ||||
|---|---|---|---|---|
| Retained | Value | Unrestricted | ||
| Earnings 5 |
Reserve 5 |
Funds 5 |
||
| Ealance | at 1 January 2021 | 1,073,205 | (51,542) | 1,021,564 |
| Profit | 117.554 | 117,554 | ||
| Transfer | to fair value reserve | (13,118) | 13,118 | |
| Ealance | at $1December 2021 | 1,177,644 | (35,224) | 1,139,420 |
| Profit | 62,280 | 62,280 | ||
| Transfer | to fair value reserve | 660 | (660) | |
| Ealance | ot 21 December 2022 | 1340,554 | (25,554) | 1401,700 |
| Notes | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Turnover: Admission fees |
99,469 | 76,995 | |||
| Qaln/loss on revaluation |
ot | assets | |||
| GaIn/(Loss) on revaluation investments |
of | (660) | 13,118 | ||
| ADMINISTRATIVE EXPENSES |
|||||
| Transport and Equipment Staff Wages |
hire | 21,040 15,884 |
2,499 | ||
| Repairs and maintenance Electricity Rent and Rates Stationary, postage and telephone Advertising Insurance Accountancy and bookkeeping Bank charges Depreciation Sundry |
10,957 10.538 3,105 2,250 1,414 5,341 4,220 332 1,064 13 |
2,841 4,243 1,224 3,686 2,208 5,301 3.560 286 1,021 1,691 |
|||
| 76,158 | 28,560 | ||||
| 22,651 | 61.553 | ||||
| Other operating Income: |
|||||
| Donations Interest receivable Dividends Grants receivable |
29,782 1,613 2.936 5,298 |
30,314 378 1,166 24.143 |
|||
| 39,629 | 56,001 | ||||
| PROFIT FOR FINANCIAL YEAR |
|||||
| TRANSFERRED TO RESERVES | 62,280 | 117,554 |