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|---|---|---|---|
|Legal and administrative||information||
|Trustees'
Report|||2-3|
|Independent
Examiner's||Report||
|Statement
offinancial|activities|||
|Balance sheet||||
|Notes forming
part ofthe||financial statements|7-11|
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|TRUSTEES||Air Cdre RS Peacock-Edwards|Air Cdre RS Peacock-Edwards|Air Cdre RS Peacock-Edwards|CBE,AFC,FRAeS,FCIM|
|---|---|---|---|---|---|
|||Mr PJTacon, BA,FCIS||||
|||Mr R Piper BSc||||
|||Mr SPooley BA(Hone), FRIN, FRAeS||||
|||Son Ldr (retd) A N Goodwyn||MA cfs||
|PRINCIPAL OFFICE||Air Pilots House||||
|||52a Borough
High Street||||
|||London||||
|||SE1 1XN||||
|BANKERS||Barclays Bank pic||||
|||326-328 HlghHolborn||||
|||London||||
|||WC1V 7PE||||
|INVESTMEN'T|ADVISORS|Sarasin
& Partners|LLP|||
|||Juxon House||||
|||100St Paul's Churchyard||||
|||London||||
|||EC4M 8BU||||
|CHARITY REGISTRATION NUMBER||313606||||
|INDEPENDENT|EXAMINER|Paul Newman||||
|||Beren House||||
|||East End||||
|||Aynho Road||||
|||Adderbury||||
|||Oxfordshire||||
|||OX173NJ||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2021|2020|
||||Notes||f|f|f|
|Income and endowments||from||||||
|Investment
income||||11,477|2,456|13,933|14,839|
|Scholarship
income||||108,851||108,851||
|Donation
from Air Charities||Trust||18,500||18,500|24,000|
|Bursaries received||||5,500||5,500|2,000|
|Other income|||||||4|
|Other donations||||2,620||2,620|675|
|Total||||146,948|2,456|149,404|41,518|
|Expenditure
on||||||||
|Charitable
expenditure:||||||||
|Grants, scholarships|and|donations||130,350|2,500|132,850|30,499|
|Support Costs
Management
and Administration||||1,381
8,307||1,381
8,307|1,376
8,494|
|Total||||140,038|2,500|142,538|40,369|
|Net surplus/(deficit)||||6,910|(44)|6,866|1,149|
|Net surplus
on investments||||38,772|8,640|47,412|2,837|
|Net movement
In funds||||45,682|8,596|54,278|3,986|
|Balance at 1 October|2020|||701,585|92,281|793,866|789,880|
|Balance at 30 September||2021||747,267|100,877|848,144|793,866|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2021|2020|
||Notes|f|6|6|F|
|Fixed assets||||||
|Tangible Assets||218,771||218,771|219,771|
|Investments||447,882|92,710|540,592|443,180|
|||666,653|92,710|759,363|662,951|
|Current assets||||||
|Stock||636||636|636|
|Debtors|10|85||85|77|
|Bank and cash balances||129,495|8,667|138,162|182,207|
|||130,216|8,667|138,883|182,920|
|Creditors||49,602|500|50,102|52,005|
|Net current assets||80,614|8,167|88,781|130,915|
|Total net assets||747,267|100,877|848,144|793,866|
|Funds|12|747,267|100,877|848,144|793,886|
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|2.|Investment
income|Investment
income||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Tots I|
|||||Funds
f|Funds|2021
6|2020f|
||UK Unit Trusts Distribution|||11,477|2,456|13,933|14,839|
|||||11,477|2,456|13,933|14,839|
|3.|Grants payable|||||||
|||||Unrestricted|Restricted|Total|Total|
|||||Funds
f|Funds
f|2021f|2020
f.|
||The amount
payable||in the year|comprises:||||
||Trophies and awards|||81||81|103|
||Scholarships|||107,280||107,280|(1,904)|
||Flying Bursarles|||4,999||4,999|10,000|
||Academic Bursaries|||6,000||6,000|6,000|
||P BSaul Prize (restricted)||||2,000|2,000|2,000|
||J Landymore
Prize|(restricted)|||500|500|500|
||Tymms
Lecture|||2,635||2,635|272|
||Other scholarship|expenses|||||1,000|
||Donations
paid|||9,355||9355|12,528|
|||||130,350|2,500|132,850|30,499|
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|6.|Management|and administration|and administration|||||
|---|---|---|---|---|---|---|---|
|||||2021||2020||
|||||||F||
||Administration|services||4,985||4,949||
||Independent|examination|fees||300||300|
||Accountancy|||2,400||2,400||
||Telephone
and communications||||160||130|
||Postage,
printing
and stationery||||16||220|
||Legal and professional
fees||||46||78|
||Professional|committees|||304||341|
||Sundry expenses||||18||10|
||Bank charges||||78||66|
|||||8,307||8,494||
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|Tangible Fixed Assets||
|---|---|
||Land &|
||Buildings|
|Cost||
|At 1 October 2020 and at 30||
|September 2021|221,771|
|Depreciation||
|At 1 October 2020|2,000|
|Charge for the year|1,000|
|At 30September 2021|3,000|
|Net Book Value||
|At 30September 2021|218,771|
|At 1 October 2020|219,771|
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|Fixed Asset|Investments||||
|---|---|---|---|---|
|||Unrestricted|Restricted||
|Listed investments||Funds|Funds|Total|
||||6|6|
|Market value|||||
|At 1 October|2020|359,110|84,070|443,180|
|Revaluation|surplus|38,772|8,640|47,412|
|Additions||50,000||50,000|
|Market value|||||
|At 30September 2021||447,882|92,710|540,592|
|Historical cost|||||
|At 30September 2021||327,050|49,517|376,567|
|At 1 October|2020|276,783|49,517|326,300|
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|Debtors|||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total||Total||
||Funds|Funds|2021||2020||
||E|6|F||F||
|Prepayments|85|||85||77|
||85|||85||77|
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|Creditors||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|2021|2020|
||||E|F|E|
|Other creditors||14,008||14,008|41,226|
|Accruals||27,366|500|27,866|8,700|
|The Honourable||||||
|Company|ofAir Pilots|8,228||8,228|2,079|
|||49,602|500|50,102|52,005|
|Creditors|(restricted)|||||
|||49,602|500|50,102|52,005|
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