COMPANY REGISTrATION NO. 1667506
KENT BAITLE OF BRITAIN MUSEUM
TRUST UMITED
UNAUDITED REPORT AND ACCOUNTS
YEAR ENDED 31 DECEMBER 2023

KENT BATTLE OF BRITAIN MUSEIJM TRUST LIMITED
CONTEPITS
PAGE
Inf(ymotM)n
Truslees, Rep
Independent ExomirEr5' Rep(xl
statem6nt ol financial Activities
Bolonce Sheel
Noles to the Accounts
8-11
Detoiled Profit and Loss Account
12

KENT BATfLE OF BRITAIN MUSEUM TRUST UMFfED
INfORMATION
Directc
D A Brocklehursl. MBE
R Windrow
D T Sutton
E H¢Thkes
J Richard50n (Appointed 18106120231
Compony Secrelory
P B Giiffilhs. FCA
Solicitors
Hollett & Co So￿OI0r$
I l Bonk Street
A5hfc(d
Kent
TN23 1 DA
Accountants
Charcroft Baker LLP
Ch¢]rtered Accounlonts ond Registered Auditors
5 Wesl Court
Enlerpri5e Road
Maidslone
Kent ME15 6JD
Bankers
National Westminster Bank PIC
POBox4
Moidstone
Kent ME14 IXU
Regtstered Office
H¢3wkinge Airffield
A￿0drOMe Road
Hawkinge
Nr Folkestone
Kent
CT18 7AG
Registered in England No: 1667XJ6
Regslered Chority..
2857
Poge I

KENT BAME OF BRITAIN MUSEUM IRUST UMITED
TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS. REPORn
FOR THE YEAR ENDED 31 DECEMBER 2023
The tnJslee5 present Iheir annual rewl with the financh21 statements of the comFX]ny for Ihe
year ended 31 December ￿.
Legol ond adm1￿51T￿e delolls
The comF)ony wos incorpoTated on Ihe 27th September 1982 as a Privote Limited Company-
a company limited by guarantee and ￿ govemed by its memorondum and articles of
association.
The compony b o chorfty regtstered ￿￿th the Chtjity Commission. number 285738.
The museum is located ot: Hovthnge Aiffidd, Aerodrome Road. HaV￿Inge, Nr Folkeslone.
Kent.
ObJ•thm (JKI aetlvlll•¥
The objective of the compony is to odvonce tt)e educalion of the pvblic by eslablishing a
museum for the exhibitFon ond preswotion of aircraft and oeronoutical equipment of
historical ond technical interes1. particularty from the ￿rst ond Second Wortd Wars, ond
specialising in tt)e Bottle of Britain period. Kenl Battle of BrFloin Museum Trust's objectives and
oclivilies are 501dy for the benefit of Ihe pubknc. The d￿￿torS have hod due regard to
guidance pUbl￿hed by the Chority Commission.
Revl•w of th• y•
The Truslees are pleosed lo rep￿ 11)al the museum continues to be finonciomy viable and
continues to imFKove ond expond.
Work on the Blenheim ond tt)e Heinkel Bomber contiThJed ond wilh the help from specialists,
we ore embarking on *he constnJclion of a Wesland WhI￿nd oirfrome. We have continued
to exFX]nd the musevm's collech'on with some major purchase5 including 0 1943 Double
Decker Bus. a George Vl telephone boL o Spiifire cockpit and some rare RAF and Geman
uniforms.
To compliment thè 'SpMt of the Few, mernorial we hove commissioned o further memoriol
'The Last of the Few,. a lribule to GTOUP Coptoin John 'Paddy' Hernin￿V0Y the lost known
survivor of the 'Few'. He I￿ned 105 ye(rs old on 17m Juty 2024.
Rnonclal stalvs
AdMiS￿On fees income have increased from £99,469 to £1 17.756 Ihis year. Donations have
decreosed from £29.782 to £4.IW due to the cessotion ol Council Covid grants.
Administrolive costs have $￿ghtty Fncreased from £76,158 to £79,870 but all remain al a
$otisfaclory level.
The Trustees ore pleased to report a $￿pIUS of £52.235 f(y the year. The detailed results of
operations ore shown in the Slotemenl of financial Acthvitles on page 6. The Trustees consider
Ihot tt)e ch¢￿ty'S ￿tUation shown on page 6 is 5athsfactory.
Poge 2

KENT BAME OF BRITAIN MUSEUM TRUST uMrrED
TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS. REPORI)
FOR THE YEAR ENDED 31 DECEMBER 2023
Flnanclal gtrjlvs (conllnu•d)
The Museum conthnve5 to hold investments in shares bequeathed by a fomer volued
5UPPC*ter of the museum. Mr P.J. Rich¢Jdson. As shown in the accounts, the morket volue of
these investments vories, txjl the Trustees befieve thal the reduction in gowth is lemporory
and inlend to reloin invethnents for Ihe benefit of fuhKe ￿0W1h and dividend potentiol.
The accounts do not reflect any volues fcf donoled ossets. Rjrthermore. the Trustee5 consider
that the market volue of pvrch¢)sed exhibits. shown in the accounts ol cost of £570,026,
substontiolly excee(ts this cost.
Futur• plans
The locol Councl Dtstrict Plon now been pvljished and it shows porcels of lond thol have
been ollocated lo tt)e Museum. We are currenty in negotiation wlh the Council as to the
exact locotion and OMI￿nI of k]nd ¥rtwch will L￿d Museum expansion.
R•s•ry￿ pomcy
Cvrrenl unrestricted ieserves amount to £1.253.935 These ore held in a mixture of exhibits,
land & buildings. inveslments and cash.
Rlsk ass•ssm•nt
The Trustees hove reviewed the rnai￿ risks Io v4hich the chcrrty is exposed and ore sotlslied
thol procedures are in place to mitigote these risks.
Dlr•clors
The Trustees, who are oLso Direct￿ of the compony (Ye shown on Poge l. The dlrectors ore
nol subjecl lo retirement by rotalion. None of the DirectCrf5 recelved any remuneration
during the year.
TNstr••s' R￿PonsIbIlI11•S
Compony and charity law reqvwes the Truslees lo ryepcre finoncial statements, which give a
true ond lair view ol the slote of offoir5 of the company and of the profil or 1055 of the
company for that period. In Flep¢￿n9 those finoncid slatements the trustees are required to:
select suitable accounting policies and then oppty them constslenmy:
make judgments and estimates Ihot ore re0sonal￿e ond Fyudent:
prepcxe the financial stolements on a g¢ing concem bosis vnless il Is
inoppropriote to presume Ihol the Company's bv%nes5 will conlinue;
keep adequate accovnling records thal are sufficient to show and explain
the company's tronsoclK)ns and disckjse wilh reosonoble accuracy at any
time the finonciol posttion of the company ond Ihol enable them to ensure
thal Ihe ffnanctal statements compty wilh the Companies Act:
resF)onsible for the moinlenance ond inlegrity of the corporate and
financiol inf(wmolion included on Ihe compony's website.
Page 3

KENT BAME OF BRrrAIN MUSEUM TRUST UMifED
TRUSTEE5' ANNUAL REPORT (INCIUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Smol company speclol provlslons
The report ol the Trustees hos been prepared in accordance wth the Stotemenl ol
R8comm8nded Praclice and the 5moll company regime Isection 419121 ol the Componies
Act 20061.
Approved by the Board. including in their copacity 0$ company directors, and signed on
beholl of the Board.
P B Grlfflths. FCA
S•cretary
Page 4

INDEPENDENT EXAMINERS. REPORT TO THE BOARD OF DIRECTORS
ON THE UNALIDITED ACCOUPIIS OF KENf BATILE OF BRITAIN MUSEUM TRUST UMifED
FOR THE YEAR ENDED 3151 DECEMBER 2023
I report on the occovnls of Ihe company for Ihe yeor ended 31 December 2023
which are Set oul on Fxjges 6 to I l.
The Trustees Iwho are also the dIrectc￿S of the compony fcK the p￿pOSeS of company
lawl are responsible for the preparation ol the accounts. The Trustees consider thol
an audit 15 nol reqvwed lor Ihi5 year under section 144121 of Ihe Chorities Act 2011 (the
2011 Act) and thol an independent examinotion ￿ needed.
Having sotisfied myself thot ch(Yity is nol sufy'ecl to audit under Part 16 of the
Companies Act 3J)6 and 15 eligible for independent examination. it ￿ my responsibility
exomine the occovnts under section 145 of the X)I l Act:
lo follow Ihe procedures loid down in the General Dwections given by the Charity
Commi5SK)n Undef section 14515llbl of the l Act., and
to state whether pcjlicvlcx motters hove come to fXK omenlion.
My examinolion was caThied out in acc¢ydance with Ihe Generol Directions given by
the Charity Commission. An examination includes a review of the occounting Tecords
kept by the charity and o comporison of the occounls presented wilh those records.
11 olso inclvdes considefotion of ony unusvol ilem5 or disclosures in the occounts, ond
the seeking of explonalions from you as Irustees conceming ony such matters. The
procedures undertaken do not provide oll the evidence Ihal would be required in on
audit ond. consequently, no opinion is given as to vlhether the occounts present a
'true ond foir view, ond Ihe rewl is limited to those matters sel out in the 5talement
below.
In connection with my exam1r￿tiQn, rK) maller has come lo my attenti¢)n".
ol whlch J'ves me reasonable covse to believe that. in any molerid respect, the
requirements:
lo keep occounling records in aCC￿danCe V￿th seclion 396 01 the
Componies Act 2(K)6.' and
to prepore accounts which accord wtt) tt)e accounting records. compty with
the accounting reqvirements of seclion 396 of the Companies Act XQ6 hove
not been met. or ore nol COn￿lent v￿th Ihe Ch(rrilies SORP IFRS 1021: or
bl to which. in my opinion, attention sh￿Id be drawn in order lo enable a proper
understanding of Ihe accounts to be reoched.
Michael Baker BA FCA
On behalf of Chorcroft Baker LLP
Chartered Accovntonts and Statutory Aurfit(Ks
5 Wesl Courl
Enterprise Rood
Moidstone
Kent
ME15 6JD
Dale: L?£
£Lr
Page 5

KENT BATTLE OF BRITAIN MUSEUM IRVST LIIAITED
STATEMENT OF FINANCIAL AcnvmES
FOR THE YEAR ENDED 31ll DECEMBER 2023
2023
2022
TURNOVER
117,756
99.469
Administralive expenses
79.870
76.158
37.886
23.311
Gainlllossl on revaluatton of investments
16601
Donotions and legocies
4.ieii
29.782
Income from inveslments
3.215
2.936
other operaling income
6.911
Nel income I lexpenditurel on ordin¢Jy
activities before ond oflw loxotion
52.235
62.280
Unrestricted Fund5 Brought Fo￿rd
1.201.71X)
1.139,4XI
Unreslricted Funds C+JThed FOrw￿d
12
1.253,935
I.￿l.7¢Xl
Poge 6

KENT BAME OF BRITAIN MUSEUM TRUST UMITED
BALANCE SHEET AS AT 31Sf DECEMBEtt 2023
Nol
2023
2022
FIXED ASSEYS
Museum Exhibits
Memorial
Planl & Equipment
Land & Buildings
570.026
183.4
27.451
138.158
482.6elJ
168.3Q)
3.193
138.158
919.115
792.331
CURRENT ASSETS
Inveslments
Cash ol bank ond in hond
59.682
293.526
367,041
425,069
CREDITORS:
Amoun15 falling due ￿￿thIn one
year
18,388
15.7
NEY CURRENT ASSErs
334.8x1
409.369
TOTAL ASSETS LESS CURRENT
LIABILITIES
1.2S3.935
1.201.7C()
CAPITAL AND RESERVES
Shar• Capttal
Unrestricted lunds
Foir value reserve
1.291.165
I37.2￿1
1.240,584
138.8841
TOTAL UNRESTRICTED FUNDS
1.253.935
1.201,7CQ
Footnote5: PTO
Page 7a

KENT BATllE OF BRITAIN MUSEUM TRUST UMITED
BALANCE SHEET AS AT 315F DECEMBER 2023
The company is entiled to exemption Irom audit under Section 477 of Ihe Companies
Act 2006 for Ihe yeor ended 31 December 2023
The members have not required the company to obtain an ovdil of its finoncial
5*otement5 f(x the year ended 31 December 2023 in accordanc& wth 58clion 476 of
the Componies Act 2(X)6.
The Twslees acknowledge Ihe¥ responsikyllie5 for.
ensuring that the company keeps occc4Jnting records which cornp￿ wilh
Section 386 and 387 01 the Companies Acl 2￿0 and
preparing financiol statements which gNe a true and fair view ol the stale ol
affairs on the company as Ot Ihe end ol each financial yeor and ol ils profit
ond loss for eoch finonciol yeor in occordonce with the requirements of
Section 394 ond 395. ond which otheTh¥ise comply wlh Ihe requirements ol
the Companies Act 2C06 relating lo financial slalements. $0 for 05 opplicable
to the compony.
bl
These financial slotements have been prepared in accordance with Ihe special
provisions of Port 15 01 the Componie5 Act XN)6 relating to small companies and wlh
the Financial Rep￿ing Slandord app￿cOble in the UK and Repvblic of Ir8lond IFRS
1021.
The finonciol stol8menls were approved by the Tiustees
on.......
ond were signed on its beholf by..
O A 8rocklehursl. MBE
Trustee l Director
Poge 7b

KENT BATfiE OF BRITAIN MUSEUIA TRUST UAIITED
NOTES TO THE ACCOUNTS
YEAR ENDED 31d DECEMBER 2023
STATUTORY INFORMATION
Kent Battle of Britain Museum Trust Limited is o private comF)ony. limited by
guarantee. registered in Englond ond Wales. The company is also a charity
regi5teTed wth the Charity Commission. The company's registered office,
company number and charity number con be found on the infomotion
page.
ACCOUNTING POLICIES
The financial statemenls have been ryepared under the histo￿al cost
convention and in accordance wilh the ￿nonC101 Reporting Slandard
opplicable in the UK ond RepU￿1C of Irelond IFRS 1021 leflective l Jonvory
20151. the Componies Act 2C06 and the Stalement of.Recommended
Proctice: Accounting and Rewling by Chorilies IFRS 102 SORPI.
Kenl Bathe of Britain Museum Trust Limited meets the definition of a public
benetit entity under FRS 102.
The Financial Statements have been prepored on an occnjols t)oys and
include income ond expenditure 0$ they are ecmed (x incurred. rather thon
os cash is received or paid.
Deprecialion - FLxed Assets ore depreciated at rates colculoled lo wrfte them
off over their estimoted lives os follows..
Plant & Equipment
25% of n8t b¢)ok value
No depreciotion hos been provided in respect of freehold buildings. In the
opinion of the Truslees the residvol volue. being the amount that the
compony would currentty obtoin from the disposol ol the freehold buildings,
after deducting the estimaled costs of disposol ond if the propety were ol Ihe
age and in the condilion expecled al the end of its uselul life. is not malerially
different lo the omount included in the financial statements and as such any
depreciolion amount W¢)vld be immoterid.
No depreciation hos been provided on musevm exhibits and tt)e memorial os
the Directors consider thol, having regard to the nalure ol this class of 0$5els,
their useful economic life and reydual value. any depreciolion would be
immot￿al. The Trustees believe that the current value of exhibits substantially
exceeds the omounl shown 05 Cost in these occounts.
The company has taken odvonlage of the exemption under FRS 102 not to
prepare a cash fk)w slatemenl. os the company qvolifies as a smoll
compony.
Turnover represents museum admL5%0n fees.
Frxed 0$5el inve51ments in quoted shores ore meosured initiolly at cosl and
subsequentty at fair volve Imorket value) al the rep(xling date.
There are no material uncertainties aboul the cknties ability lo continue as a
going concem.
Page 8

KENT BAITLE OF BRIYAIN MUSEUM TRUST UMITED
NOTES TO THE ACCOVNTS (Contlnuod)
YEAR ENDED 31ST DECEMBER 2023
EMPLOYEES AND DIRECTORS
The averoge number of employ￿ d￿￿)g Ihe year wa5 I1￿22. 11.
PROFIT ON ORDINARY ACTivinES
2023
2022
Profil on ordinary activilies is staled after
charging:_
Depreciation on Owned Assets
4.378
1.064
Diiectors, Emoluments:_
No Direct￿ of the Compony received ony rernneration during the period.
TAXAnoN
The compony is o regislered charity. Consequenlly. it ts exempt from
cfxporalion lax in respecl of its trading income ond injerest received.
TANGIBLE ASS￿$
Fr￿hold
Land & Exhlblh
Bulldlngs
Plant &
M•morf(4 Eqvlpm•nl Total
Cost
Al 151 Jonuory 2023
Additions
Disposols
1&3,198
482.6P
87,346
i68,X
15.IE
23,955
28.636
858,133
131,162
Al 31 sl December Xi23
183.198
570.026
183.480
52.591
989,295
Depr•¢lollon
At 1st January ￿23
Chorge the yeor
Disposals
20.762
4,378
65.802
4.378
At 31st December 2023
45,040
25.140
70.ie£i
N•t Book Value
Al 315t December 2023
138,158
570.026
27.451
919,115
At 3151 December 3)22
139.159 482.
169.3))
3.193
792.331
Poge 9

KENT BA￿LE OF BRrrAIN MUSEUM TRUST LFMITED
NOTES TO THE ACCOUNTS {Conllnved)
YEAR ENDED 3151 DECEMBER 2023
CURRENT ASSEI INVESTMEPIIS
2023
2022
Listed Inve5trnents
59.682
58.028
CREDITORS
Amounts falling due within one ye(x
2023
2022
Accruais and Credit(ys
18.388
15,7
SHARE CAPITAL
The Company is limited by gu(ffontee and Iherefore hos no shore copltal.
io.
CAPITAL COMMrrMENTS AND CONTINGENT UA8iullES
The Trvslees consider that there were no liabilities under this heoding at the
Balance Sheet date. requiring disclosure other Ihon those creoted by normal
trading operolions.
Poge 10

KENT BAME OF BRrrAIN MUSEUM TRUST UMITED
NOTES TO THE ACCOVNTS (Contlnued)
YEAR ENDED 31ST DECEMBER 2023
MOVEMENT IN IEEStRVES
Falr
Volvo
R•seNe
Relolned
Eomings
UnT•sMeled
Fvnds
Bolonce (* l Janvory 2022
1.177.644
(38.224) 1.139.420
Profit
62.2
62.28
Transfer to faw value resefve
660
Bolonc• ol 31 D•¢•mb•r 2022 1240.584
(38,884) 1.201.700
Profit
52.235
52.235
Tronsfer lo faK vofve reserve
11.6541
balanc• a131 D•¢•mb•r 2023 1291.165
(37230) 1.253.935
12.
TRANSACTIONS WITH TRUSTEES
During the year. D Brocklehursl was reimbursed by the charity for expens6s
incurred on behalf of Ihe Choiity rdating to pcryments for materiols l exhibits,
printing & stothonery and travel costs. The tolal amount reimbursed wos
£15.38812)22: £13.71X)I.
Pagell

KENT BAME OF BRITAIN MUSEUNI TrUST UMITED
DETAILED PROFIT AND LOSS ACCOUNT
YEAR ENDED 31ST DECEMBER 2023
Noles
2023
2022
Turnovor. AdMi￿lOn fees
17.756
99,469
Galnlloss on rev¢￿allOn ol assets
GoinllLossl on revoluotion of
inveslments
1.654
16601
ADMINISTRAIIVE EXPENSES
Tronsport ond Equipment hré
Slaff Wages
Repairs and mointenonce
Electricity
Rent ond Rales
stationary, postoge and telephone
Advertising
Insurance
Accoun*ancy and tM)okkeeping
Bank charges
Depreciation
Sundry
21.040
15,884
10,957
10.538
3.105
2,250
1.414
5,341
4.220
332
1.064
13
21.7x1
8.158
73.768
2.311
3.317
270
4.378
79,870
76,158
39,540
22,651
other operoling income:
Donalion5
Interest receivabie
Dividends
G¥onts receivable
4.1
29.782
1.613
2.936
5.298
3.215
12.695
39.629
PROFIT FOR FINANCIAL YEAR
TRANSFEIIIED TO RESERVES
52.2&5
62.280
Page 12