REG￿TERED ¢I)MPAIIY PIUMBER-. 01734164 (Enyland Wales)
REGISTERED UIARITY Nt114BER.. 287745
Unaudited V•na￿la1 Statements
lor the year ended
31 Au¥u5t 2024
city of Norwl¢h A7hation Museum
TC Group
Yat8 Fkn5e
6244 RDad
NRI IRY

City of Norwlth Aviaiion Museum
ContÈnis of the Flnanclal Statements
for the year ended 31 August 2024
R•port oftht Tr￿5*•1
1 To 3
Ind•p•nd•rtl Ex*mln•¢• R¢wi
Stat•m•nt of Flnan¢thl
alanGo 3ho01
Notm to th• Finmcial Sl•kn•nts
T to 14

City of Norwlth Aviaiion Museum IRtKistered nuft*er: 017341641
Report ol ihe Trustees
for the year ended 31 August 2024
Thg trusl8es ar8 also drec1￿$ of tharty lorthe ￿J￿of11* 2(K*. pr85efrtj￿[ rewxt wlh fina￿al staletnpntsof Ihg charity
lor tho year endgd 31 Aury512024 The In￿l￿e& ha¥• athpted Ihe k¥OVp5ion5 d Acwjnbw a￿j Re￿1￿ by Chaiibeg. S&lemonl ol Recommgnded
Practice applicab￿ io charil&s piepanr*J ¢￿AT aCu￿Trts in att(￿dance the F￿anCial RemrKJ Sta￿at￿ aprAKAble in UK Republic of Irdand
IFRS 1021 ieflec1Ne 1 20191
The fin￿¢181 $￿ements have been p¢paret1 in attrydartr ￿)unti￿J s# W *) nf*S io ts xo)ty7ts gnd Wilh the ¢h¥rty's
governiNJ do¢urn9ni. ChaniÈs A¢1 2011 •nJ A¢¢tyJnling ¥ThJ Rwtbny by Ch¥tho$" SI4IBwi of Rp¢tsnwided P￿¢11¢9 •pplK8b10 ￿ ¢P￿rItIP$
preparing the￿r aG¢ount8 ￿ ￿cOrdanCe wth the R4pL¥urwJ Sian¢Jwd apF*ablg in ￿ UK and of Ireland wtlished on 16 July 2014 las
anwnded by Upthie Bulebn I puU15￿ on 2 FebrLWry 2016
OBJECTIVE8 AND ACTWITIES
Obl•¢1￿0$ and alms
The tharlty's obpctlve Is the adv*w￿l of thfy ¢d￿r￿N of by op¥￿r￿, mabiWnkng 8Tr1 eyThJlng 8 rnwum for p￿￿Vell(￿ and
qihibilion ol $*¢r&ft8th1 othwtoxtibits ￿a￿ty¢0 •* h*iwy ¢<#￿ty AJI r8ÉwJ by lh• ¢h#rity 1$ in pursuit 01th￿ Ob￿¢￿¥8$.
Publk b￿eflt
Th8 dir8Ctor5 confirTD that lTry ha￿ due th• guKJ*rtt on btr*ll publi$W by th• Ch*rity G)ry¥b￿S￿. 8nd thai 811 m#ln #c'.fvitsè$
Iinrton*vn by t￿ thHrily aro lrylhe bBnefil.
R•l•tl•n4hlp$ Coffjp•rntlon¥
ThF ¢lianty gnN)1¥ 8 LI(￿￿ Idaithbhip ¥nth 1WJ l>wp Asxu*(m. eX￿￿kn9 ihe y•lhpipd by Ihis AstQCk*¢n. Therq l¥ fio
finanaal C￿neC￿￿ beiwoen the tharily tho FIAF Itx) Cw and ine rdElion&hp waBtsJrthd and muiual oDFdive
W• hAv* oh 0gt*ffWl RAF 74 SI￿dro￿ A6•oty4Ib￿ thai •n èxh4kn(Jn 0￿bY ty th• W* lotsk ftsfv44rd 10
.oporl4 tw wilhlho 74 A$S￿￿1￿￿WhhlUtyJTE WD•atthoTh￿jrn. &￿ne(*0￿ 6th￿0￿ the Charity thy DrwlsEIIDn.
ACHIEVEMENT ANO PERFIXW4N¢E
Ch*rit4bl• ¥Klivth•4
W& dble to ￿pOrt thai. d*5Pne Incr*a5•0 •cOm￿ pr•4wr•& vkilor numbws ¥iW•tyty m¥9kn8ty loi th• pr•410￿ y•ATS. W•
8r• constious Ihbt (Kqanisakns and s￿h on rKAWI*I dlsposahb In¢tsm• to 6p￿￿ and In(Tha￿AIn lh•
i ¢1 Iiwfby tot) ha¥& 8 rhathtd tfts¢i on ow
A rn3￿r de¥dopmeni * the dunry Ihe 5*4r wa• thg r¢dvarrfm￿ ol the bJwdBry al th¢ aid of Klujeum •lle. TN$ 0Thongemeryl ho1
incr9490d gi2• olih• pr•mvJw *)d gN•D Mu$•um a u¥•lJy 9hAp•d gt• • rtgrrowtsp•r•S •i•• h￿ir￿j b••n •xch•nwl foi i larg•r pigC•
of wauiid Thr& work com￿•t¢d In 5prng Z024 iwosanied Ihe iiwD ol wdir9 ￿ captal projecis li Ihe finaDclal yeai. A lurthar benefit IS
IMI d now long ￿Trn l•as• Is In t￿ proG•ss ol bthrg a¥••d M th• •At•TrJifwJ lh• oftho k¥owou5 knas•.
Wa way8 pl88god 10 be ab￿ 10 lulty (Won ltr* bJlding Ml 202W3 In eatty 2024 Th1* eX￿bd8 rnov&I to tho fvlJs6um
from the FonLind wé￿ Norf<4k K4uwJm8s wdl •$ diwtys thty*ifg the d*¥e￿pffj￿ ol Nornith ￿r￿t ihd Ulè hi8bxy ol thè iirfèld
Irom tgJ8-1961 15*•Th11 sqr¥od as RAF Hcnham Sl Fa￿h.
Re8lLYallon work conunued lo oui •xtribits d￿r$ Lh• yaai. PKyoJs (C￿￿0d to ￿ rnade w4•ri8. Pu￿5 have been gaittered dudng
year io enabkn IN5 woth toconlknuèdthrvJ 202415
Ory8ni$8iion$ suc* && oJr8 dep￿j ¢onbn￿ hot ba po$&blo tho
v*u0b￿ ènd outstlndiw efforts olojr We tyjrqrèblude tolbe of w ery￿$.
F114ANCIAL REWE
Flnancial poilllon
tn1steescon￿Oerth￿l tro chBrfty Is In o Al￿1￿&r￿A poxkn aith&yefvJ trAdfrJbJsottS99.091
1111812023- £550.7241.
Page I

City of Norwlth Aviaiion Museum IRtKistered nuft*er: 017341641
Report ol ihe Trustees
for the year ended 31 August 2024
FINANCIAL REillEW
Ro•erve¥ policy
Tha G￿rItY holds an acoJrwLabJ 5uffKKnl paymentolthe exwises oloperakng the Museumfor6¢j￿￿ tThe to CLxne. The
I￿￿ also exists to provid6 continwrw InfÈSW o19fdntak1 Nriects srthiid ir* rttd arise.
The Trustees conbnue to the of re5er¥e5 W by tre charity. These ￿SelVes. in to b￿re suthenl io the rumhig fA)Sts ol Ihe
Museum dunny o knrnew￿ Irthme may ￿ Imrted. abo havÈW frythe wxthase dexhitsts.
OpeTaliw cos15 Ihp ¥*ue ol PDIen1￿1 new exhibils h*Ye inLYgawJ wgnrfunlty ￿ rBcenl years aryj the ol tBs8ry05 held will aP60 need lo tse
propomnally h￿her In adlIK￿. wilh t￿ inveslrnanl rnade in tyJihJifvJ5 aTrJ Tac*ti85 the arrival ot thtiDnal ethibil& recallt years. addilvjnal
a￿esSIbI?fun￿5 io beavaliible w (X)Vfr both anwpthi atKI rwair4rn1 ThwlrngiwrIce￿
In the rnedium lo loroer lerrn. we ¥%ill need lo o)nsmJct fvrther exhtinion areas to enalAe the Museums ex￿nd1￿ cdIeCtK￿ io be
a¢¢e$91bk ￿ putrdlc d19play and knpro*d Worksw enar4e 8ThJ wbrab¢Ji oflaw Furth wll need to be 8(*m￿￿ed 10
FUTURE PLANS
We continue iu work reggiThng Ix¥ we(¥#boh. knl th¥ of Nthth Road and thg
re8ultanl sil11olioD concerniry OLY ￿ase0￿ Ihe Mu5eLYD sle.
A wmber ￿ dlr•clDr$ r$$I￿@d Ihgli ￿ in the surfmèr of ￿24 mgt of frusto9s h8¥0 Stalgd thdf Ini•nd¢Ji lo ••nd d¢y*n
nexl Ggrwiai 11901￿9. Nth¥ W￿￿rE￿ul19fj 8pwMnknJ by thp In aulwDn 2024- $09 infffinaiiDn la￿[ in knis
report We shoLld rocord torthE 3orvKo 9￿en to ￿ Museumby th￿9 In 202314
Th* ol Norwi¢h A¥L*JtshMu¥•um fi¢es ¢h*lknw8 ** tt)styol ¢pw¥brw) thè W• to look fr)T way$
lo cwlain d rodwo our 0por41￿g t￿SIS and a CtrOLwaIiTr￿ In 2024 *ttKh hJ5 wodLud saviny¥ on IDpul% bonofil of
bulk purchasin9 ha5 pro¥on lo be a*antageow. A combM8iYm olwp ￿ty1r0 of&*i onlhe buldiw hwe CDSI
ofo*ir*lly 10 lh• Museum gignili¢anUy.
W• aim io contiNè to oxwd and d•¥•kplh• klu5•umiwdsth• Mwk4Ys•Ylakn h•riW.
STRLKTURE, GOVERN*J4CE AND IAANAGEMEWT
Gov•rnlng docum•nt
Tho cnaiity Is e company I￿lled by OLwrontee. kncwatsd on 23 1913 •nd YtyMI￿ ty 1$ 1•4Muand￿n Artthi ol A¥wc4•lbn. Th? Il•blllty of
•Ach m•n*•r In th• ￿t of*W￿ up h IlTrll•d to t1.W.
Organl•allon•l •truclur•
I mti or Ilucl*loTh4 titttciiw day ￿ day ftjnnlng Ot th• Ilos• that wll 8ll•¢t ib fviur• •r• iak•n Ai moniNy dlrtttDr$ m•ètlThg$. A
qutsThim tsl frtui dir•.rtnTg it ityu*8d fty • rfie6tiNJ rfr*¢esswy, ¥trwov•o byoffi•K￿ty ¢h8ifm8rn h•vlnu 8 ¢&Slino votts.
Indudlon and lrnlnlng olr*w
New dyeciois are Irar￿d by eMistrwdiiKiryB arf è19 appcinifjd by al ￿7[￿￿1 Gwei* Meeiing$. New 01reci￿5 maae 14millai
Wllh Ih¥ir kngal oblgalkns chaily and cornpany law. the 0)n￿n[S ol the 1*an1￿.¥ and ArtKges ol AssLKH'.lQn, ihe rn4klng
proc#s5 r•cent lThanc481 rl thè thanty. tw•cicrfs ate ait•nd4wryt* •At•nttl tmnmg eventg wharn th•5e *lll I￿1￿¢￿ie
und•rtBklng of t￿r roK•
Rlik man¥u•m•nt
Tho diip¢i¢rs ¢oniinu8 to the Ma￿ Iw ts ctofity ¢kn*icwJ •ys￿6 to Itt￿ fw8 10 any
Ih•l I￿eY rnay have. Piw8thJies w￿1 foi I1￿ ano ol Itans**KTh. ThB*iiiaitei8 tsub￿l * ongoing reV￿W
and the direGtar8 are 5absfwJ tral sysieffffj In pkn iorniLbJate itsc*orW5 •xuwJre
REFERENCE AMD ADMMSTRAnVEDETAILS
R&gl*t*r•d ¢t￿￿p•hY humty•r
01734164 {EngI￿a and Waiegl
Regiatsred Cha￿ty
287745
Old NJThyich Rood
Hotsham St Faith
Notw
Norfdk
NR10 3JF
Page 2

City of Norwlth Aviaiion Museum IRtKistered nuft*er: 017341641
Report ol ihe Trustees
for the year ended 31 August 2024
Tru$¢
Ms K 8arwi
Kcskwr
J Taylor larwnted 18.10 241
R J Walden {re￿Wed 12.1023}
D N Waiers Ire&gned 2.6.241
C S Keyrison
fvl Thirup Ire¥igned 2 6.241
T R D lappoillt￿j 16.10.241 Irwned ￿.3.24>
T R D Emrns laFyohYtwJ 18.10.241 Irwnad 22.3.24)
THE?dy
R Po￿lIn9 Iresgned 3.6 241
K DH¥ies larwrrted 12.10 IJ) Ireggnbj 4.6.241
S M D•y lappoinied 12 10 231
C Gaibrailh smith18ppoiniod 12 10.23llrMwd 22.3 241
Ms N C E Ba16s lapwynled 18 10 241
J A6ines lappoint•d 18 10.241
N T cknx1on1￿p￿Int￿d 18 10 241
R N Fr?Imor 18 10.241
W L FGr•isnn (appO￿ted 18.10.241
Dr J F Roww (apw￿lett 18.10.241
Indvpndllnl Exirnln•r
Ellzab4th Claxtsn FCA FCG4
TC Group
AccountantH
Yar¢ House
62.64 Th¢Yp8
Notwk
Nortdk
NFII IRY
Thro rtport has b￿￿ ity i¢¢trdarte with ol P*1 15 oftho Cthipan*s*d 2￿6 smol etyhwnk*&.
rtsMd by ord•1 ol ith• b)•rd ol trugt••• 2025 r￿j b•thdlty'.
K C Shyr.TwJt••
Page 3

Independerht Examiner's Report to the Trustees of
City ol Norwith Aviaiion Museum
IndEpEndEnt Teport tothEtru51Ee5 GIC￿￿ Avlatkn fttK com￿y7
I report to Ihe char￿/￿Slee5On myexaffination acrthmts dthe Con￿nY futhe yeare•* 31 AwuSI 2024.
R•$pw$lbllll*¥ on¢1 bo$1$ otr•p
A5 the charity's Iru81895 ol the ComJany (a￿ *0 Its Oiifft*oY¥ ￿ thB wrp058s oli¥wy Lvwl 8r0 the We￿9[ation vf in
accordaTKe vénh the requIrew￿ts olthB CoThpan￿S Act 20r60￿ 2006 Att}.
Having salislied rny5eW that the a￿oUnts ol thpany not required to be audited under Pwt It ot the 3￿6 Act are 01￿￿e independent
eMamKalion. l ieport in respect ol rny e￿minat￿r ofywr ￿G￿nts as caryied out sec1N￿ 145 of the Charities Aci 2011 2011 A￿>. In
CArry￿9 Oul my examinèhon I have follc4*ed the threditms thecthariiyC￿fftsStt￿ S&*ts) 14515}{bl the 2011 ArA.
Ind•pvnd•nl •x•win•rfi ttsl•mrrt
I hav8 cornploL8d my Wwn1nat￿. I c￿r￿rn hav•iw* gfying m• lo b•lwv•.'
G¢OUDtsng wefe r￿1 kept ￿ res￿ olthe CThny asrequiBd by Se(*on 386 of the or
the acwunlsth not aG￿rd wlh tM5e reco￿".
the acc)unis do noi compty actthntmg reojifen￿s of oflfie 2￿fj Aci other ary requ￿e￿I IhAI the o[￿nIS give a
true and falrvw whith 1$ a m8llo1 ¢onSK*(￿ •8 parf ￿an or
tho aCr￿￿Tri8 hav8 not b88n piopar8d In ￿(0[d￿￿th ofthB *tal8m￿t ol Prac1￿ foT accounbng and
i¥pDrbry by t￿t￿9 iaLWicaW b) Chwtsgs pwth9 In th• st9￿ard app1W￿ In thg VK 8nd
RewblE Df Irgknd IFRS 10211.
I hB¥e no concerrbs urnè across no othEr rn￿er5 the be dra￿￿ In iepDrt In ordfrr to
enabb 8 ry¢per Unde￿rand￿9 of￿ ocrwntstobe rethj.
E112ab•th C14xion F¢A F¢¢A
TC Group
Accounlantts
Yam Hnuse
62.64 Rc
Norwv
Norfdk
NRI tRY
6 Fèbruary 2025
Page 4

City of Norwlth Aviaiion Museum
Siatement of Finandal Arti¥lties
Ilncorporatln8 an Income and Expendlture Accountl
for the year ended 31 Au4u5t 2024
2024
Totsl
fund5
20Z3
Total
fund5
Unrestricted
fund5
Restrirted
fund
INCOPIE ANO ENDOVIMENTS FRC41
Donalons and I￿acifI5
10,0
IYASD
PA),372
113.437
37.715
113.437
37.775
109,484
36,716
Othertradin9 a(*vni8$
Invèsbnent
Total
43,641
43,841
42,733
217 301
270 968
expeNDITUAe o
Raising fwd¥
13.679
23,679
23,012
h•riiabl••¢Uwitl••
127.442
127.442
101,195
Mu5eurn Sttop
T0141
146 28
NET INc￿E
Tranif4YA b•hv4•n fund•
N•1 fflty•m•rbl h lund•
3B.367
1Q.OUO
48.367
122,S80
19
36.)67
12,1
B.367
122,880
RECONCIL14TION OF FVIKIS
Toial lJnds brouqht Ion*Jard
W.724
SYJ.724
428.D44
ToT￿L FUNDS ¢ARRIEO FORWARD
550 724
ThÈ notes form part of thesÈ financial statements
Page 5

City of Norwlth Aviaiion Museum IRtKistered nuft*er: 017341641
Balattce Sheet
31 August 2024
202
Totzl
funds
023
Tot31
funds
Uniestricted
funds
Restricted
lund
FIXED ASSETS
13
14
323.972
323.972
325.022
Herilage a55e
34&183
345.883
349,361
CURRENT A35ETS
st￿ks
0$b￿s
Cash al ba
15
16
5.600
4,71$
S,800
4.248
4.715
254.043
268,043
214,247
eREDThORS
Amounl¥ lallkng du•vthhh ￿*y+l
17
113.0641
liJ.0691
NEf CURRENT ASSETS
203,123
TOTAL ASSETS LESS CURRENT L14BIL￿lEs
586.157
552,4
REDtroR$
ArnpunLF fall￿g due y*ar
18
11.766}
11,7661
11,7861
NEf ASSETS
FUNDS
14
55D 724
19
Unie*iicied lun
se5.lJ91
548,724
TOTAL FUND5
599 191
Thv ¢Trwrii¥ble eomp8hy isL￿Di18d lo oftréCLrysThotsA¢i 21(k8 fthy tré ytètwhd 31 AugU$I 2024.
Thè m•mbor8 h*0 not taqthd Ihe cornpeny TO an authte1118 nnwel ataiemwtstorfv ye•1 •fvJ•d )• A￿U&l2024 kn QCcOTdanc•￿Ih Sect￿￿ 47e
of the Cornpan*s Act 2￿6.
•n5wng that the thantable coryeny keqFO t￿C￿JnIThJ rKrKtsihJIc￿ts ¥rith S•thiMs 386 Drtj J87 cfih• c￿￿paTr￿s Aci 2CThahd
prvpoilng Iiian¢ioI ￿01￿MentI ¢h 9ry* o IrL* ond 14lY vbfv* 01 tho aiaie ol afrw6 wnpwy a$ al the of go¢h Iin•Dchl yoor
and 01 rt5 surplu8 ry defKil e￿* finaKial yaaT In ¥wih the requiwerts ol Seciw5 394 395 and wh￿h otheThtris8 COM￿ wilh
the requkements d The Cornpankry5 Act 2008 rdaDr¥J to fin￿* 5&7tthments. so larasaKIKabkntO ihe charthble company.
fingndal $t8tomènl$ howo beon w8p8red in •rxtyd$r￿*• 8pF4k*tl•knth•n*b￿ury•￿Ès*￿ctI0 tha wn•ll ￿￿￿￿p•n￿$ rolllm
Thp firban￿81 8t*BrDpnl¥ wqro *WIOWJ ty ihBo*d olTn*w8B J8tK48ry2025 wJn•d M h8 Ixhav by."
S M D¥y- Trwi••
ThÈ notes form part of thesÈ financial statements
Page 6

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal Statements
for the year ended 31 August 2024
STATUTORY INFORMATION
Cily ol Non¥Kh Aviation Museum ts a prvRle Imn&Y ￿rdntee *i￿OUt sh¥e Ca￿￿. registered m En9knd W*e5. The GonwnI5
reglstsred nwnbtt and re9siered office ￿re$S can be rerKMioftr* tlLsiees.
ACCOLINTING POLICIES
B•*$ ¢f Fx•wing th• fi￿￿¢1•1 ¥t•knD•hts
The Iinanoal Slat￿entS 01 the tharilabb cory3ny. 15 a Wil entrty FRS 102. have boen wppared In ac(LYla￿e wilh ihe
Chaiitses SORP IFRS 1021 A￿￿11￿9 ar￿ Report¥￿ by chaffi￿5. slaw￿8n1 of FIeC£vnmen<￿ Pract￿ awicable lo Charit￿5 prepaiipg iheir
oun15 Ihg FlnatKtal R@tthng Sla￿41[* oppl(*le n the UK * Re￿1= of Ir9Lwnd IFRS 102119fffjutr¢e l January 20191..
FIDanGial Reporknng s￿da￿d 102'The Fuhwc4al Rewthg Slandard appiable In UK anc of Irelantt and the C￿aTr￿s Act 2006.
ThefinBnchi1 sialefflents havet)een piepBied underlhe his1u￿* rtht
fin¥ni81 st8t8moni¥ have tw b￿. Thp ¢ru$l88stsvoo)ns￿8￿d thp Dt I￿￿9 he￿ and
vd of1￿0￿e and 9¥p￿clU￿9 ts 12 r￿nthS frDrnautt￿Sr￿jlh95e firwv3181atfjrr￿ts In ther ws8e55rnenl.
Flwncwl r¢pD￿ry slJnd•wd 102. wvthJc¢d
The chartab g ￿MPanY has thpnlage ol thp dsdwry eX￿p￿an in thBse fmandal statemen15, as pennrttod by FRS
102'Th2 FirboncMI R£wbng sIB￿ard 8pr4KatAe UK Reputr4￿ cl*eW.'
9 1owlrwD￿ts ol ofC8th FIty**
Incom•
I Incom• [8 ty¢tswis•d in thtr si*•wI ol rrt• h•8 8nbl•mth to th• il thai th• Iwom• be
rcGoivo4 and tho amowl be m￿￿0￿ rdwy.
exyndrtur•
prOba￿e thai a trdrAlw ¢1 •CrrfWxn￿ b•r*filS ¥AI b• rnqUiT•d In and th• arr•Junl ol th• c*4￿l￿n can b• M￿sured r•llably Expendliur•
S ac￿￿Thi￿d on èn atcruth ba￿8 and has ClaS￿ld Lndtt h*aditys tosi T•￿t￿ to th• cawory. Wh•r• ¢4*s ¢Anwt ba
T4nglbl• flx•d •ts￿ts
D•y•ci•uon 4llh• lo1ty*479 ￿n￿gI rdt•s Ir*o￿l0￿￿• off ••th a0*￿ ii•MUrn41gd uulul Id•.
L•as•hJld ImkYo¥•Th￿
EwIpr￿nl
Heiiiagg 86seiS rewised on Lhe wanc0 #negl It*1￿lY al cosi kwi¢l*t￿. A8•et8 ¥e $1819d 81 ¢051 les8
BCCUrnLlal£4 deproGraib￿ll. Dewec4at￿ll iNry IO% reduciry rn•lhoo.
Por￿￿ h•ihag• aAS•ts on th• bèL4n&• sh•8t as fftlcrmatth y8￿&l￿ of sucfi ass•tS IS TIDt AvalkgN• arml tha tosi of
provrflry $u¢h inlum&iiw tyJwany b￿fift0 ￿￿￿80fth9 8¢¢thJtiisTh fi•luw and •mouni of ¢(#)aiad 886016 is
swThfK4nllo Ihe m￿eLffi.
Aqui$iiion¥ ol heDl•P as¥et$ cot*i¥l ol aio•ft 8V*iw wtef•Ets. at¥J av4e ￿ d[w￿l0010 ihe chatty. OT pJrcb¥¥ed by the ¢￿ty. Ihe
Irusteg5 belhm ￿al the asset ¥￿11 lurther chaiWs obpdryes. Onc• aCq￿re￿ troy ￿ p*5eThed by charity In order lo ￿eep Ihoii hlsloriG
quallles and io &￿￿blite lo oviatknn krkn**dge ar￿ rAh*m. A all h￿lage assets tteld by thè tharlty ￿ bthry coMpl￿d thè o89e15
thoms6￿0S to tho public in tho rnuYQUfft, rf nt*on gthieralthpiay. kn Writh HonwAssotsarfrto bo Ino
si•¢k•
St(Kk&&e val￿￿ at kywerol LUI and r￿1 rnHltyablvvaluv. aftqr rtems.
Taxallon
Tho charity is exernplfroffl eWAY8tkn 8rthrfi
Fund 4CCLwnting
Page 7

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal 5tatements- contlnued
for the year ended 31 August 2024
A¢COiINTING POUCIES-¢¢mllnu•d
Fund accounting
Resknc*d funds only be used fot rthcllai rèsrthd wrtKWS within objects ￿ the tW Restrithms specw by thedonor
or wnen fund5 are ra15ed Ic¢ re51ncied WQD5e5.
FWlhereWana￿Qn ofthe n•uie pWp(*eof￿ fuThl 15 th￿￿)leS 10 the fin•ir4 Wtewis.
P0￿0Th costs and olhvr poitrf•tr•Th￿ b•n•ffi•
Chan￿ble cornpany operdte5 a p￿￿10Th scheme Contrbjtxw pay*lo to L*aritabl8 c￿￿¥& pan6￿ schBrne ara
£haiged tp sla19[T￿l of Firwdal Athlugs pEn(￿ 10 rdaiB.
Donalqd 9oods and
No *nount 1$ I￿1￿e￿ Ihe Irm)￿1 stytenEnty fo. Ch8tld¢s SORP IFRS 1021'A¢¢oundrg and
Rewting by ¢h$iil*$." SloieiYWI of R￿0mMer￿*d appliestlo to eh8tib8s piop8Mg th•r 8¢ownts in 8¢wrdan¢o wth Firw¢ial
Reybng st￿tra￿j appliGablF in Ihe LM atKJ Fl0puy￿ ol IFIqS 10ZI 1 January 20191. nwiL¥e of cOnlnbut￿Ths suppled by
volwtg•r¥ ¥I9nrf￿nt tothgcharily.
No amunl Is lnrJL￿9d ￿ Inco￿ ID the fiwrHI sta*M￿St0rfiX•9 a5soI don*Kn5 WJ infryrnabDD cffj the valuaticffj 015uth a55ets Is Bvaitryble
nd cost ol prthidirp s￿h Infcrntson expethd to Siwthc•￿Me￿h benefil to the uSW50f￿GrAlnts.
DONATKINS AND LEIJACES
2024
2023
Donati￿8
Grants
17,844
78.336
OTHER TRANG ACTNrriE8
2024
2023
Fundi*lro everns
Tea rocffl
S749
4,7X)
INVESTMENT INc￿E
2DZ4
2023
Inw8st w¢4¥ed
Page 8

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal 5tatements- contlnued
for the year ended 31 August 2024
RAI￿￿￿ FUNDS
Lxhei trading actmtses
2D24
2023
Pwchases
CHARtTABLE ACMVTtIES COSTS
Supwrt
costs Isee
note 81
Direct
Costs
Totals
Mugeum
Museum Shop
74,642
52,800
127,442
6UPP(WCOST$
Governance
C05t5
Mana8ement
Tota15
NET INCOMEIIEXPENOITVREI
Nelincom•1ley￿￿ftjbs sknlèd aftqr chaWmthlTra}'.
2024
D•pieC81￿- owr*d 8$801¥
Fees pald 1orindopet¥￿I
Oih¢r ￿$[￿0￿0 adYk* provthd by ￿￿*￿9nteX•rfn￿Q
Slock ￿pen¥t￿
1S264
S194
6,222
5,660
4Q3Q7
43,558
10.
TRUSTEES. REMUNERATK*4 AND BENEFIVJ
NO Irusioo ioc•ivL* i¢munoiatw fr¢th ¢*$rlty ￿1 ltr* y••t. TLM81 wus*t •NY p*winpl r•muntrrotion beneflts wèrè EO.
lJ118QJ- EOI.
Tru•tw•' •xpvnM
Dur￿9 yow 10 ￿$1@8&(311￿2j- S Iwaro rq*r*Lnod eXp￿￿￿oI￿244 {311B123. te3SSI
STAFF COSTS
2023
Wage5 saLwe5
Other pen5￿Tr COSI9
41.gQ9
35,S88
93
Page 9

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal 5tatements- contlnued
for the year ended 31 August 2024
11.
STAFF COSTS- ￿￿tINu*d
The aveia9e,manthty nUr￿ber0fe￿￿￿5￿uring the ￿￿asa*
2024
2023
Museum
Museum $wifeo
Admitli1ll•bon
12.
COMPARATIVES FOR THE STATEMENT OF F*4AIICL4L ACTMTIES
Unrestricted
funés
Restiitted
fund
Total
funds
INCOME A140 ENDOWMENT8 FROII
Donations and le9acies
12,036
.336
80,272
¢h4rttstrA• •ctfvtt
usoum
109,484
36,716
109,484
36.716
42.133
1863
Y)2 632
42,733
1,8e3
270 968
Inveslrn•nl incorr*
Total
EXpE￿IlTURE ON
al5￿￿ (u(Ids
23,012
23,012
Charbtsble 4elMt
Miisoum
Mu$¢um shop
Total
101,1
148.288
146,288
PIET
Tranileis betweqD lund
N•1 rnov•m•nt In lund•
122,
116.336
170,680
16.536
14A.0001
122,880
RECONCILIAnON OF FUNDS
Tolal broughl toTh¥ard
378,044
.000
428,044
TOTAL FUND8 CARAieD FORWARD
518 n4
550 724
Page 10

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal 5tatements- contlnued
for the year ended 31 August 2024
13.
TANGBLE FIXED AssErs
Leasehold
impiovements
Equipment
TDia15
OST
Al I Sfptettknt 2023
3n.¥11
32,832
410.443
Al 31 ￿gUSt2024
DEPRECiITION
At 1 Sepi¢rf&¢r 2023
Chargé for year
At 31 &￿gL￿st 2024
NET BOOK VALL
At 31 knuLts12024
At 31 AJ9uyI 2023
392.125
42
32,532 ￿65T
66.722
18,6
1.383
85,421
12450
13833
311 189
325 C?2
HERITAGE ASSETS
Total
MARKETVALUE
Al I s￿Pt￿li)be1 2rk3 31 Aw812024
PROVISIONS
Al I Sgpl&nibei 2023
Charqe fur yèai
Al 31 ￿9￿$1 2024
NET BOOK VALiIE
Al 31 Augu* 2024
Al 31 ￿gu￿12023
61
37,508
•n•ty•l* ••••¢iI•W¢II•
3111r23
3118r23
311
3118121
311&?0
C(*1 in the y
9.250
9.7
Danat4d 8ysqtB notrecogrised kn th• b&￿*h￿l1
ehHrg• tr rnpalrTrwnl In th• pai
CthTyinO amoutyi ol èsstts >
Procv￿$ dwo¥al$
Page 11

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal 5tatements- contlnued
for the year ended 31 August 2024
15.
ST(KKS
2023
sthcks
16.
DE8TCIIS.. AMOIJMTS FALU14G OLIE WTAIN YEAR
2023
prepa￿￿ents and attCr￿
4248
17.
REDrroRS.. AMQUNTS FALLING DUE WITHIN QNE YEAR
2024
2023
Trade cre¢AtLYS
5(tW %e¢uilty an¢ othei toxes
Oiher Lxeditors
5.52
595
913
18.
CREDifoR$.' MIQUNTS FALLING OUE AFTER MORE TIiAN ￿ YE
20Z4
X)23
Other uedlWS
19.
MQVEIIENT IN FUNDS
Net
movement
Transfers
between
funds
At
31.8.24
At J.9.23
Unrestrkted
General lu
omb818 dewAt•
31,367
12.ODD
88S,029
$18.724
Je,367
12,0001
585.Q51
R••triL¥•d fvnd•
ostncicd lund
10.00
14,QlO
TOTAL FIJNOS
48.367
Nel In fu￿B. #KI￿￿dIDth¢ we •$
Incomin8
re50urce5
Rosources
expended
Movement
in funds
nr••trkt•d fvn
G4ntJfal hjnd
207.301
1188.9341
38,387
RHtrl¢tsd fvnds
Rgsirided fund
10.1)N)
10.000
TOTAL FVPIDS
217 301
Page 12

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal 5tatements- contlnued
for the year ended 31 August 2024
19.
MOVEfiENT IN FUNDS- ¢Offtllnu•d
Comp¥alives for moyernem inf￿d$
Net
movement
in funds
Transfers
between
funds
At
31.8.23
At J.9.22
ilnr•stri¢t•d
Goneral lund
m¥iT1b¥￿
)77.982
116.)
82
548,724
378.rM4
51.344
116336
Re*trithd fund*
Rostn¢ipd lund
6J.336
1116.3361
TOTAL FUNDS
JSO 724
CDmporali¥* net mrwemenl Infijnds. mrJwl8d m th60b￿￿e?5frIkM.'
Intomin8
resources
Resourtes
expended
Movemeni
In fund5
Llnr••trkt4d lun¢
202.632
1148 2881
ReJtrlo*•d fvndl
Resincsod fund
68,338
68,336
TOTAL FUNDS
27,) 9e4
148 2881
R•ittl(*4d fundA
DUT￿( yew £1J.(LK)ollrK•m• w&* F•nkndkn F•knJ H*1. T1￿ rqm•h•d hr•s￿￿0d￿Jfvytr aitt* wr •thY.
Fulw•buldlny prol•¢t
fiJrttter £2.000 waB rnovedtrom 9DMi• ￿ rnatrkted frJfvJ5 d￿the >Ywln rqlthnto trjiwe trAhJiry pr4oLgJ.
V¥l¢•n •lr¢¥•n
£?.000 •iso romains iLV)d rethLknJfc*it* ry08WV8bOrt tyfth? Wl(*n
fund*
chanty l￿d 3 lu
Mu￿um gofgguorthng
Di11￿9 tho yw f15.tWw85 mo%*d into• fvnd ty mwim Two *•snD exfftbJr¢ fAJt orth14 the ye8r.
F•nM r••liwm•nl
DUT￿9 Ihp year El5.000 Lknunaknjfurvj e14.CO) ihw Y*ar¥r￿ thBr8f(Ytr£1,000
was remaining al the yeare￿.
Tornado acqu1sltbjn1￿r¢r1ft padg
Du1￿9 yew £14.CO)WB5 ￿Ve￿ ihtoa frJfvJkn Tc￿n￿A¥JU￿￿AT￿*AWfj$
Page 13

City of Norwlth Aviaiion Museum
Notes to ihe Hnantlal 5tatements- contlnued
for the year ended 31 August 2024
20.
RELATED PARTY DISCLOSURES
There wgre no p*ty trat￿￿￿$0u1￿￿ the excwkYMrntYA￿J expen56S tOLxiian 1rust￿9 in 10.
Page 14