## ## ## ## ## ## ## ## ## ## ## ## ## ||To continue|to maintain
the British Airliner Collection and DAS Military Vehicle collection|to maintain
the British Airliner Collection and DAS Military Vehicle collection|in the best| |---|---|---|---|---| ||possible condition.|||| ||Tofocus on the presentation ofthese assets sothat visitors to Duxford, and the outside world|||(via various| ||media), have the opportunity
to view and enjoy historic airliners,
military vehicles and mtefacts.|||| |3.|To continue|towork closely with the IWM in areas such as miTitary vehicle conservation,|air|show security,| ||education and suntegy
development.|||| |4.|To pmmote|and enhance the British Airliner Collection 'brand'.||| |5.|Tobecome|a cenue ofexcellence for information
and data on historic British Airiiners.||| |6.|To continue|toauract new members. particularly
those with skills and experience that would||be beneficial to| ||the Society.|||| ||To continue|the development
and updating ofihe Strategic plans that ensums the Society's|collections can|| ||continue to|be available and accessible to the various stakeholders
in whatever
developments||take place at| ||IWM Duxford.|||| |8.|To continue|to develop succession plans for key roles within ihe Society.||| |9.|To develop|marketing
and income generation
plans that serve the dual pmpose ofeducating people and||| ||developing|various ways ofmising funds to maintain
ihe Society's collections.||| |10.|To continue|towork under the Partnership
Agreement
with IWM and look to develop further||opportunities| ||to work together|||| |11.|To maintain|accreditation ofthe Duxford Aviation Society Museum.||| |12.|To continue|to develop and promote our retail offerings (shop and eBay)||| ## ## ## ## ## ## ## |Trustees||| |---|---|---| |SCJeal||| |GRBeach||| |IJCox (resigned 8/3/2022)||| |SLPeachey (resigned|27/I I/2022)|| |PFArcher Chair||| |Mrs CM Eaves-Walton||{resigned 27/11/2022)| |Ms M Vyletova||| |Mrs VTincombe||| |N Denton (appointed|8/3/2022)|| |M Smith||| |RWright (appointed|8/3/2022)|| |C Goldsmith
(appointed||27/I I/2022)| |Tfeasll rel'||| |SPeachey was Treasurer||until March 2022 and N Denton was Treasurer fmm lvhuch 2022.| |SPeachey was Treasurer|SPeachey was Treasurer| |---|---| |Company
Secretary|| |CGoldsmith|| |Independent
Examiner|| |Staffords|| |Chartered
Accountants|| |Unit I,Cambridge|House| |Cambom Business|Park| |Oakington Road, Girton|| |CAMBRIDGE|| |Cambridgeshire|| |CB3OQH|| |Bankers|| |CAF Bank Limited|| |25Kings Hill Avenue|| |Kings Hill|| |WESTMALLING|| |Kent|| |ME194JQ|| ## ## ## ## ||||2022|2021| |---|---|---|---|---| ||||Unrestricted|Total| ||||funds|funds| |||Notes||| |INCOME AND ENDOWMENTS FROM
Donations and legacies|||84,027|189,434| |Charitable
activities
Restoration and associated costs||||50,835| |Other uading activities
Investment
income
Other income|||209,893
1,786|123,769
1,590
(152)| |Total|||295,706|365,476| |EXPENDITURE ON||||| |Charitable
activities
Restomtion
and associated costs|||242,801|159,035| |Other|||4,190|4,760| |Total|||246,991|163,795| |NET INCOME|||48,715|201,681| |RECONCILIATION
OF FUNDS
Total funds bmught
forward|||2,546,514|2,344,833| |TOTAL FUNDS CARRIED FORWARD|||2,595,229|2,546,514| ## |||2022|2021| |---|---|---|---| |||Unresnicted|Total| |||funds|funds| ||Notes|6|6| |FIXEDASSETS|||| |Tangible assets|12|133,805|90,107| |Heritage assets|13|1,979,025|1,979,025| |||2,112,830|2,069,132| |CURRENT ASSETS|||| |Stocks|14||6,028| |Debtors|15|18,500|35,143| |Cash at bank and in hand||484,069|449,462| |||502,569|490,633| |CREDITORS|||| |Amounts
fathng due within one year|16|(20,170)|(13,251)| |NET CURRENT ASSETS||482,399|477,382| |TOTAL ASSETSLESS CURRENT|||| |LIABILITIES||2,595,229|2,546,514| |NET ASSETS||2,595,229|2,546,514| |FUNDS|17||| |Unrestricted
funds:
General fund
Revaluation
reserve
Designated aircra(t relocation reserve||628,865
1,966,364|480,150
1,966,364
100,000| |||2,595,229|2,546,514| |TOTALFUNDS||2,595,229|2,546,514| ## ## ## ## ## ## |Tangible fixed assets|| |---|---| |Short leasehold|at varying
mtes on cost| |Aircmfi and display equipment|5%on cost| |Fixtures and fittings|at vmying
raies on cost| |Motor vehicles|15%on cost| ## ## ## ## ## ## ## ## ## ## ## |DONATIONS
ANDLEGACIE|S||||| |---|---|---|---|---|---| |||||2022|2021| |||||84.027|186,037| |Donations|||||3,397| |Subscriptions|||||| |||||84,027|189,434| |Included in subscription
income|are movements||on defened income as follows:||| |||||2022f|2021| |Receipts in year (renewals
and new member)
Released deferred income from pmvious
year|||||2,060
1,337| |Income defened to the following|year||||| |Subscription
income recognised|in year||||3,397| ## ## |OTHER TRADING ACTI|VITIES||| |---|---|---|---| |||2022f|2021
f.| |Fundraising
events
Bookshop and other sales
Recharges
IWM Partnership
Agmement|fees|100,S52
67,783
1,258
40,000|35,989
47,780
40,000| |||209,893|123,769| ## ## ## ## |INVESTMENT INCOME||||| |---|---|---|---|---| ||||2022f|2021| |Deposit account interest|||1,786|1,590| |CHARITABLE ACTIVITIES||COSTS||Direct| |||||Costs (see| |||||note 7)
f| |Restoration
and associated costs||||242,801| |DIRECTCOSTS OF CHARITABLE ACTIVITIES|||2022|2021| |Staff costs
Insurance
Equipment
repairs, maintenance
Selling costs
Members'
events
Aimhows
Stationery. communications
and
Bank charges and interest||and fuel
markeung|86,309
11,932
79,355
12,806
1,101
9,901
5,275
2,225
6.787|66,502
13,822
26,187
8,146
63
2,697
3$25
2,012
4,959| |Tmvelling
Miscellaneous
office costs|||9,500|18,980
116| |Donations||||1,083| |Goods for resale
Office and yard rent
Consultancy
Depmciation|||2,697
5,89S
9,015|1,999
9,244| ||||242,801|159,035| ## |Net income/(expenditure)
is stated a|fter ch|arging/(crediting):||||| |---|---|---|---|---|---|---| |||||2022|2021|| |||||f,|6|| |Depreciation -owned assets
Deficit on disposal offixed assets
Independent
Examiner's
fee
Independent
Examiner's fee for other compliance work||||9,014
4,190|9,244
152
2,785
400|| |TRUSTEES' REMUNERATION|AND|BENEFITS||||| |M Vyletova, a trustee, was remunerated||for her services in arrcraft restomtion.|Charity|Commission|approval|| |been obtained
in respect ofthis payment||||||| ||||2022||2021|| ||||f.|||| |Trustees' salaries|||3/59||3,082|| |Trustees' social security||||||| |Trustees' pension contributions||||||| ||||3459||3,082|| ## |COSTS||| |---|---|---| |STAFF|2022|2021| ||f,|| |Wages and salaries|85,431
878|65,628
874| |Other pension costs||| ||86,309|66,502| |The average monthly
number ofemployees
during the yea|r was as follows:|| |---|---|---| ||2022|2021| |||I| |Aircrafi restorauon|2|I| |Miliary Vehicles restoration|I|2| |Administrauon|8|6| |Aucrafi stetvards|I|| |Militmy Vehicles drivers||| ||12|10| ## ## ## |ANALYSIS OFTHE COMPARATIVE YEAR FOR THE STATEME|NT OFFINANCIAL ACTIVITI8'S| |---|---| ||Unrestricted| ||funds| |INCOME AND ENDOWMENTS FROM
Donations
and legacies|189,434| |Charitable
activities
Restoration and associated costs|50,835| |Other trading activities
Investment
income
Other income|123,769
1,590
(152)| |Total|365,476| |EXPENDITURE ON|| |Charitable
activities
Restoration
and associated costs|159,035| |Other|4,760| |Total|163,795| |NET INCOME|201,681| |RECONCILIATION
OF FUNDS
Total funds brought
forward|2,344,833| |TOTAL FUNDS CARRIED FORWARD|2,546,514| ## ## ## |2.|TANGIBLE FIXEDAS|SETS||||| |---|---|---|---|---|---|---| ||||Aircraft|||| ||||and|Fixtures||| |||Short|display|and|Motor|| |||leasehold
f,|equipment
f|fittings
f.|vehicles
f,|Totals| ||COST|||||| ||At 1 January 2022
Additions|41,832|304,022|92,861
52,712|8,384|447,099
52,712| ||At 31December 2022|41,832|304,022|145,573|8,384|499,811| ||DEPRECIATION|||||| ||At 1 January 2022
Charge foryear|9,522
1,045|286,715
1,683|52,371
6,286|8,384|356,992
9,014| ||At 31December 2022|10,567|288,398|58,657|8,384|366,006| ||NET BOOK VALUE|||||| ||At 31December 2022|31,265|15,624|86,916||133,805| ||At 31December 2021|32,310|17,307|40,490||90,107| |13.|HERITAGE ASSETS|||||Total| |||||||f,| ||MARKET VALUE
At 1 January 2022 and 31December 2022|||||1,979,025| ||NET BOOK VALUE
At31 December2022|||||1,979,025| ||At31 December2021|||||1,979,025| ## ## ## ## |4|STOCKS||| |---|---|---|---| |.||2022|2021| |||6|| ||Finished goods||6,028| |15.|DKBTORSr AMOUNTS FALLING DUEWITHIN ONE YEAR|2022|2021| ||||6| ||Trade debtors
Other debtors|5,777
12,723|1,135
34,008| |||18,500|35,143| |16.|CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR|2022|2021| |||f.|6| ||Trade creditors
Social security and other taxes
VAT|1,856
2,013
9,702
179|1,183
2,746
161| ||Other creditors
Accruals and defened income|6,420|9,161| |||20,170|13,251| ## |MOVEMENTINFUNDS||||| |---|---|---|---|---| |||Net|Transfers|| |||movement|between|At| ||At 1/1/22|in funds
6|fundsI|31/12/22| |Unrestricted
funds
General fund
Revaluation
reserve
Designated aircra(t relocation reserve|480,150
1,966,364
100,000|89,130
(40,415)|59,585
(59,585)|628,865
1,966,364| ||2,546,514|48,715||2,595,229| |TOTAL FUNDS|2,546,514|48,715||2,595A9| ## ## |Net movement|in funds, includ|ed
in ihe above are as fo|llows:||| |---|---|---|---|---|---| ||||Incoming|Resources|Movement| ||||Icsourccs
f|expended|in funds
f,| |Unrestricted|funds||||| |General fund|||295,706|(206,576)|89,130| |Designated airnaft relocation||mserve||(40,415)|(40,415)| ||||295,706|(246,991)|48,715| |TOTAL FUNDS|||295,706|(246,991)|48,715| |Comparatives|for movement|in funds|||| ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement|between|At| |||At I/I/21|in funds|funds|31/12/21| ||||6|6|6| |Unrestricted|funds||||| |General fund||378,469|201,681|(100,000)|480,150| |Revaluauon
Designated|reserve
aimtaft relocation reserve|1,966,364||100,000|1,966,364
100,000| |||2,344,833|201,681||2,546,514| |TOTALFUNDS||2,344,833|201,681||2,546,514| |Comparative|net movement
in funds, included|in the above are as follows:||| |---|---|---|---|---| |||Incoming|Resources|Movement| |||Icsourccs|expended|in funds| ||||6|| |Unrestricted
General fund|funds|365,476|(163,795)|201,681| |TOTAL FUNDS||365,476|(163,795)|201,681| ## ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |||||f.|| |INCOME AND ENDOWMENTS|||||| |Donations
and legacies
Donations
Subscripdons||||84,027|186,037
3,397| |||||84,027|189,434| |Other trading activities
Fundraising
events
Bookshop and other sales
Recharges
IWM Partnership
Agreement||fees||100,852
67,783
1,258
40,000|35,989
47,780
40,000| |||||209,893|123,769| |Investment
income
Deposit account interest||||1,786|1,590| |Charitable
activities|||||50,835| |Grants|||||| |Other income
Gain on sale oftangible fixed||assets|||(152)| |Total incoming resources||||295,706|365,476| |EXPENDITURE|||||| |Charitable
activities||||85,431|65,628| |Wages||||878|874| |Pensions||||11,932|13,822| |lnsumnce
Equipment
repairs, maintenance|||and fuel|79,355
12,806|26,187
8,146| |Selling costs||||1,101|63| |Members'
events||||9,901|2,697| |Airshoivs
Stationery.
communications
Bank charges and interest||and|marketing|5,275
2,225
6,787|3,225
2,012
4,959| |Travelling
Miscellaneous
office costs||||9,500|18,980
116| |Donations|||||1,083| |Goods for resale||||2,697|1,999| |OBice and yanl rent||||5,898|| |Consultancy
Depreciation of tangible|fixed assets|||9,015|9,244| |||||242,801|159,035| ## ||||2022|2021| |---|---|---|---|---| |||||6| |Charitable|activities|||| |Other
Audit or examination||fees|4,190|4,760| |Toial resources e&7tended|||246,991|163,795| |Net income|||48,715|201,681|