2022-09-30-accounts

THE MILITARY VEHICLE TRUST

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDING 30[TH] SEPTEMBER 2022

REGISTERED NUMBER: 02226906 (England and Wales) CHARITY NO. 327768

Rushtons Chartered Accountants Shorrock House 1 Faraday Court Fulwood, Preston PR2 9NB

Contents

Contents
	Page
Administrative	2
Report of the Trustees	3 to 6
Independent Examiner’s Report	7
Statement of Financial Activities	8
Balance Sheet	9
Note to the Financial Statements	10 to 15
Detailed Statement of Financial Activities	16

(resigned 13.4.22) (resigned 16.10.22) (resigned 06.4.22)

2

THE MILITARY VEHICLE TRUST REPORTOF THE TrUSIEES FOR THEYEAR ENDED 30 SEPTEMBER 2022 The trustees vtho are akn dyectors of the charity for the purw5e5 of the c(Krpar￿eS Act 2W6. present their report vAth the finanGial staleTr£rts of the tharity for the year ended SèrrteTrèr 2022 Th tnjstses hA ve adoptod thè provi%ion5 01 Accounting and Rewjrbng ty Ch8rMo8'. Stal•rrnt Of R•ts)mmend¥d Pra¢ai¢è applicab￿ lo d)8rthes prepanng thoir 8¢¢ounts In axordarrA y￿th the Finanoal Reportry Standard applicablo in the UK and Republic of ITelaTh IFRS 102) l•hel￿a 1 January 2019). OWECMVES ANO ACTIVITIES Obj'ectives aims T￿￿t 1$ eSts￿LIhed for tha purpos• of restoring arKI pr•st￿1Th0 vehi¢bs of h￿t¢l￿al Interest and Ihe pFeservèt￿n of ￿0k5. diaww5, records, do¢uwnts. sound aNI ￿SUa recoidhus. films. photogiaphs and Olhar •tetrra 18laiing to such Veh￿$. thèlr h￿tOry developr(nt, aryj prormting oncouraglng tho sarrn ahm in others. In fvrth9r￿n￿ ofthe •tsov• obj•ta¥ but not 9th•M1￿ th• dir•¢tsr4 ￿￿11 hJv• th• pow•rto' Orpanlse. Spor￿or arKI support milrtary Vehic￿ and such other Sho￿ and events and erwurage the appearance of h15t01￿ mllitary vehwes at publE •¥0rts and Bhowa lor the provlslon and st1mu￿tknTh of infomwllon. •duc8lbnand Intsr•8t In such v•hlckn8. 56ynificznt activltleB Oui oui n¢hinl¢41 vetsrim allve. Is achloved by Ineroislny indlvSdual and collect￿9 kn0y1￿9 Jnd undorytsndirs of rrilhry v•hld•> Ind •rt•f¥l¥ through nthorking •nd educalh)n ofnrters olthg MVT and thè publr. Th• miin 4drdlK•8 oftho C￿rty ar•.. 1. PTorMting the restoration preservatitin ol hl3t¢d¢ wilitèry Vèh￿10￿. 2. Publishlny 8 4Lllty mag8zlnt. w1nd￿￿en, %%l)i¢h is dtstilbLrted 10 mot￿ra SLY ￿rrS a yoai. 3. PTOVKling branded lo promte ourthartyand Ta￿¢ lunds. 4. Gwlw 8oWl¢e lo ovmeis and polonllal owers of N5tonc wlitary vehdes. S. Encouraging tha appeara￿• of h￿tOr￿ milory vehic5 at PU￿le events and shoKs. 6. organ￿1r￿d. swnsoiiry and supporting mlrtsry and 8u¢h othgr Sho￿ and •v•rrt$. whkh align to our choritak4e obiBd3 for the provisbjn and stirr•Jlation ol inforrmtion, ￿uC￿t￿ •nd Interost n such vehKle?. 7. PIovi51on of Infolrrol￿￿ Hnd zcc05S to our JrchN•d thaJrnonLs. 8. Vlsrtlw schools ana olh•r educalbn e51abllshm¢Dts. 9. Supporting a netwrk of MW Area6, whKh fadlrtatots rrrrb•ts l¢¢l to in •r•i th• opportunty to •x¢lwngo irf¢rrr#tknn and èvénts that arè own lo tho put41¢. 10. Provbling website and 3ocMI nia for the provis￿n of inforrrolion lor Ihe bonefft. Th• tru8l•es hwe updatsd docurfthation axordlng to the cfArlty Corrth58lon 9ula8nce on ￿￿9frt B ensuredthatth? organi5atson conyh'es in 411 r96pKts. pU￿1C benefit Tho trusto•s c4nfirrn that th• opJardsath?n rrngt5 8TrJ gut octN11195 l•r th• Publ￿ be￿fitt￿r0u￿tho folknbiry adriibgs.. - Events own to pulAthal our ment$ 8ttond. -v￿rtS to 5¢hools aThJ 0tt7ereduc81￿n01 8statllshnDts -Arèa mèèbngs. INtludlnJ prèsènts1￿ns about rèktsvè sub￿¢￿, whth opÈnto thè publie. - Engag•wntwth othor ¢harlws and Organis8t￿n5 ttrtshar• wwnyof oui ¢onwnon obioG¥e$. After a pedod of trnch reduced a￿￿ty, (kn lo tho pandèm￿, thg Ma￿lIty of legal ¢oron8vSr rÈsltKons ervjed by March 2022. Al that winl sho￿, events. v￿lIS al￿ r￿etIngS all started to tske once again, evanttjalty reaching toward5 prtrcovid lavals by tho end of the year Th Ilowed rmrthrs to get backto prOpoTtyfU￿1In9 fv trusV50bjecbves listed a￿¥¢.

IHE MILITARY VEHICLE TRUST REPORT Cf THE IRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022 ACHIEVEMENT AND PEAFORMANCE Chgritable a¢livits-es trustses are pleased 10 PrnS•rt tho Mllrtary Vèh￿8 Tnjsi truthtrs, Inr￿1 rèprt for tho yoar ended SerAerrber 2022. As A￿AYS. Ar• woud that th• Militory v9h￿l9 Trust ￿ th•1org•&t and old•5t organisathtin of ts typtr in the wtyild. Unlikt 8lmyl all oryaThstK)ns and mtoriny dubs. tha trugY8 m6mbethip numbers continued to inuease during the pandenyc. vith sut6UiPtion numtrers showrvJ a net rKoaso of ovor 2% to 5940 mèrr4)tTS. This rJ largely dut lo rT￿M￿rsh1p osw¢￿1￿ th• ward wnnlng IMndscTeen rropzine, bul akn the ￿rsOnal public h'ablhty irtsuranco cover attracts rN•ny now ￿rter6. tThny bolry nllitaria colhclor6 vllhwt0￿I￿ an NStOr￿ nylilary vehKIo. A8 w8vK)￿IY trth¢Md. Iht 18stnc¢n8 inwad duo to the patvJatyi¢ ¢onknnuèd to intaNuk cbvthes in the earty pllrt of year, bjl after March thrqy stsrted to relum lo sorThry ￿ve1 QI no[[r￿lty. Howyver. the Ru55&In invasbn of Ukralne In February nkialty Lxused rY4 guldance 10 be vtssuod. did Gurtall SOrnB pbn5. rroinly roa&Tuns lo bo ￿ncel￿a A numbor ol h&rhag• rahkngy6 al80 ￿n￿lI•d tt)•ir r•guknr wartkn• Ind ￿m 8h0￿ d•¢lin•d •nth•s frorn mililary vh￿e ovmers. hllst the inva&lon ol Ukrolne crea￿d difflcuki03 putbng on sornè dlspbys, tt also lorced the IrL¥t to farKtl t￿ plan￿d relrtrnd￿l￿n of its $8lety tlaining days, wtlch ￿￿14 tTr)t be held dudng Ihe pandomk Tho usugl. rxfr£ovld. venug al Cattenck CdnTJ Suthènly bgcBrr the BrllL4h fr>r¢o1 trainirg 9￿ur￿l for UkrainintrOo￿. lorang th• c•n¢•llglion ofour booking8. Thtro had n¢t botrn AGM Aprll 2019 so aNinpd lor 2021 vo Zoertn. Not •urwi51ngly, thl) Wds the vnr51 aitended AGM on record bul still nab￿d Ihè overdue ropDrt¥ and buslness lo be Dosphe r•slrlCi￿ns belno lfted. cour￿11 wmbors still nwel vla Zoom, ¢ontlnuès to savè IrAvèNlng and trovèIMw ts)sts. a6 bll as room hiro efvAl4•8. sIrrt￿r1y. oui Aioa Li•i80n Orn￿r has boon holding Zoom Nkètinps for 811 So¢r•tang$. Th080 ￿v• now becorm H r¢gulHi feabjre ond hove becorre o pjpulai vay for Seuetarig8 to diacusl a$. ask qw$l￿OS and h)ok foi advko •nd a￿￿40¢0. Hopelultry those do attgTrJ the5• mooting5 now hol rmr6 Fort ol th• TrrbDaerrnt ¢••m •nd krw rnuth Iholi essenlal w)rk 18 aFprecial8d be￿nd theli ovfft kxal Thnrt)oiship. Ihiw that ha6 mldo svJnrfirAnt pr¢gr¢s• is th• sorting of tho trurfo Ibrory. Evgrythiry ha¥ now been wopeity catsbqued. vthich provides rNch rr￿ irforrrnt￿n than Ihe previoL Ir￿o￿v￿1• list undei very biK•f h•&dinas. Th• $lock rtJ•W ha$ al￿ been Sorted Into an old81 and m)ved to betiei and easier4¢¢Èssed storage. This cortsldorable %wrk undertaken by offlcèrn has reVea￿d som real wms and rare and also 8howr that son thhgs, eswclalty random rnagazing colectb)ns, shoL4d piobHbly bo di5c4rded to noY4 hornB5. The byga ￿ t￿1 rtsd w•nu8Ls. rroinly &ilBh and C8n$d￿n. shoukl bo S¢8nnod Or￿ thon m8d8 available to th0 mgrTbpTship. A Sulab￿ ¥Ganning wmpany been Klpnlffied and refoTrrl •a¢h pa￿ ol a nwnual wStP￿ut d•stroyino tho mnual itself. Th￿ wll not an i1x￿nSIve OPÈialb)n Lrt It ￿ hoped a grant may be awarded to al ￿St assistwth the tost. OLT Erri5sions (Thcor has been athvoly contacting vHriou5 locHI Huthorth85 throug￿ul ￿ country regarding thèir p￿n8 for Cloan Ar and Low Emtss￿n Zones, with p￿n￿d ¢harges for prwats HGVS that 818 loo youry to qU81fy as hi%tor￿ voh&ts. to be simpty ¢horged at ¢omKr¢io1 HGV rates. Som rTrmber3 ovffl rmre re￿nt￿ rnanufaLured vehths whth havg bggn retirod frorn military Service and I￿Uld thorefore ￿ expectsd lo pay the conTrraal rates to onter CNZsILEZs until re3chin9 40 years okl. This wvrk has met ￿fjth Cor￿l￿eTable su(xess. especialty in the ￿nned Grtraièr Mand)ester CNZ, vA)erè wivate HG￿ ￿11 rw)vw bè al￿+ to pay a mu¢h k)w¢r, nOn-COrn￿[clal rate. Hovkver, Hround SO CAZslLEZs are being p￿rnad, ￿1th no stsndaTd fraThw)rk boing p￿￿d. so •a¢h f*s to bo ta¢kl•d I￿1¥KIua1Iy.

IHE MILITARY VEHICLE TRUST REPORT Cf THE IRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022 Last year a SU￿rOuP set LP to Start pLanning for tha 8Clh anniversary of ￿DaY in 2024. A survey of members has produced neer￿ 3CQ re[1￿$ waDtrrvJ lo book towards 4(N) Veh￿e$ on the tour. Resw>ndenls also listed their weferred iequirerr£rts with convoy5 and road iurts being lh¢ tr>p Thé démand for • c8ny5rtè was only thè s•v•nth on Ibè Ii$t. T￿ Vehiclè Verificatb)n 0￿￿r has been kept vtty busy locord nurthr of reque&ts For ¢onfiTrrnlbn of veh￿e5, for first [e9rdtra￿n8 at Ihe DVLA. tt is as3um&d thal the extra tk forcedon rr¢ny by l¢Gkdgwns ha5 been used ¢0 ￿ed up their restoratio￿ project5 e•r￿ n th• ya•r it dKid•d t• bgk •t of rnducino th• footprint crnatad by our nthr$' v0h￿•s. sUpp￿Th¥ a UK Irtro pLgnting ¥¢hory sety￿d the obvK)us roule lo take and di%cussions started ￿4th corrrfrnrGHI 0￿ratOrs. lth th0￿￿t we had lound an ￿jea1 Fqrtner. 5ubsgqwnlly r¢v¢aled t￿Y wtre In dlscu5slon the FBHVC to offer a 51nllar sGheD to the Federation monknr dubs. Ho¥￿Ver. furthar Investsgation showod that thllst th sther￿S dh off¢r th¢ plorting of t￿ 11¢$$, the lond and tr¢9 ow¢rship ronMiin¥ with th¢ tr•¢ Vantiry conwny. th rn sotrjrity Ovti tht futurtr of t￿￿ 8rtr8s. OJr investigation has ra¢tnlty rTh)ved onto ￿•t￿￿J$ vA)kh 8ppe81 lo offer orealew efl8ctiY8rss no dOc￿l¢n3 ￿11 ￿ wode hoLrt aM)roval trom tho rTthtshlp. The $upport of v•tornn4' 184ociatiom, 1gsyJa•lly th• Royo18rrtV4h L•9ion and H•lp for H•r¢•. h•$ retyrned to rts yo-p8ndoFri¢ leve15 by th¢ Trrrnbgrshp 4? a whole Every Area of tho trust o¢tively collect on bahaw of the Poppy 4)wal foi sev6f81 ￿ekendS prK)r to Rewfl)iaKé Sunday. The h¥Jhty notiTrable profi￿ creatsd ty our vehickn5 arnl colknAors Undoubled￿ brlnq5 h rn￿h wgd•d Jnds to holp tho Logb)n ￿4th Ihelr GLPPOrt woGrammBs. Al the ￿￿k nW)ti0￿d abové takts pli¢0 dut to our tsam of unpa¥J volunttors, ffdt up of th• 0￿cted and o)-OPted Councll ofik•r8. Aiea Seu8lad•8 and the surwrtlno offleers. The oengral mBner6hlp rnutsl not bp forwtten th eath mgrrbgr belry an anassador for tho trust. I dosorvfy a big volo of thanks lor Ihfr thy dnd enlhus18sm Ihfry pul into wokina the tru$t th• pr•mk•r orginlsalon It h. FINANCIAL REVIEW Princlpal furKllng ioure•# Tho piin¢WI lundlnp sour¢•8 duilng th• y•rw•i• from ind idvl8inp. Reserves pollcy In awordance wkh guidèling¥ wugd by thg ¢h•rrty ConrI￿10￿r•, the Iru¥to¥ h•v¢ 949rtod policy iegBiding the reseNeB, Shou￿ ensure that. al Thfrre ate adgquato funds to ensure that Charity to rmet all ¢urr•nt knur• bl Freè ieserwes do Thot excèed TrK)re Ihan 18 nKrths of anI￿p&&d •xp6ndthre tor the tru81 to 91 it5 obligHtion5 to PBbY-up mrrbers. Howver, fuThYs hold are currontty In exc098 of the 18 D￿nIh5, requirements our pbntd spending in 5UPPOrt of Sho￿, everts. etr. was Gurtaiknd dug to h panderriG. The tsu5tse5 havo nowf0rrw￿ted Flans lo reduce the funds held and brKy Ihem line vith Ihe llUar￿. Goiw Co￿eM Tho chBribos rroln sourc of Incorng Ls Ihrough rr*rrbAr5hi) 5ubsuptk>n5 and athrI51ry Th• trustees Con￿der ttst il 18 appropriatè to prepare tho a¢¢ounts on a wing ¢on¢om t￿$18 and conwuenly. the BCCOLnts do not include any a4'u5trnenls that w)￿d be n9ce553ry rf these sources of irK0￿ cease.

ThE MILITARY VEHICLE TRUST REPORT TrIE TrUSTEES FOR THE YEAR ENDED 30 SEPTeM8ER 2022 FUTURE PLANS A¥ rebjrn to not￿1 Irfo. roqutrgts for Support ror evants and 8t)W3 ar• b8irYJ received. ￿ pbns com together as exF¢ded. y￿ antiapate a Larger, mw-0rgan￿ed event takiry in the MKJbnds as ￿11 as the n￿rne1 Are8-run events. This thl need finanaal 5UPPQrt and it 1$ hoped thi5 gvgnl Kthlch will fill the VQbJ$ kft by 5grr¢ of prCovbJ everts that will nowTr bo eld agan. Many Ar88s also have plr￿ to wn naw ovont8. 80￿deS 0th•1 8US¥)ort, t￿8• Sh(￿ wil also need financial inpul lo gel started. Tho tsusteos ¢onlIn￿ to b8 awai8 of no•d to rev￿ lolbthg 8r•as ol ts charty to on8ur• that It iénin5 frt for purpos0. - Governing documnl. Al polic￿5 and proceduies. - Twstee traIr￿n9, inOJ&lon and ro￿ Pr￿￿￿. . RL4k mnagewtnl. - SOCMI media and dov6lopnrt. Our kéy prfoith.os In 202212023 arè". Encouraging 1fv￿ Araa$ Ihjt oi• int•ndlw ¢0 run OF r•vM•d •V•Dt, ty off•rYw th•m finandal and Kl8nnlno asslst8n¢e. Err¢uragiDg Are8S t¢ ￿51 rrwe e￿￿1￿}ne1 evonts gnd Pr￿ntatiOnS th•¢ are, K rAsslble, to Iho public and to antraco ￿Wd￿artaI technology. - IAthen live rmelrqs ale Thjt p0s￿b￿ or FYDCticlll. nov+ Incourdgo ArnB to rrot anlino or kttp in buch viti rndo. . Furthor groKing our rrffjmbeiship. - CortIn￿nG our plans for dynishg our reference Ilbiary and putUrg11 onllne. - con￿nu• b 0x￿orÈ v10￿¢ WAY$ of 8UPPtrrt i ¢athn projèct ￿1# In th• UK thatwlll go t0￿rdS off80ttlng th• TN6f8 and Indthdu•l ntYbors' vohl¢kn6 ¢1rt)¢nfootprht. STRUCIURE, ¢30VERMANCE AND MANAGEMENT Gover￿n9 documenl TM charlty 15 UDtrolW by 5 wvorrlw docurmnt. a deed of tru$t. aTrJ ccfj5tstu￿ * Ilnltsd nwny. linYl•d by gu•r•nt9. ai d4fin4d byth• Comp•nk7•kt 20Ce. Re¢rultment and appolntment ol rwtrust••g The 11kn3tees. #re ol the company, èr• appohted by thè ftrtérs ￿ the Mlltsry Vehlck Tr￿t In an ordnary geneial Th￿Ing. Induction and training of trustees Cutrent Iru51ee5 are fa￿lI￿r the of thè chllrty ns H resutt of a longstsnding connocbon or Ov￿rer￿$S of the org8nisètK)n Newtruslg0$ ale invited to attgnd ￿etyn￿. events and activ￿8¥ to fatnliari¥e theTrBelvg5 with ￿1rk of the Eharity and the cortext in whth rft opetalg5. TvJstegs are •KoU￿9$4 to attend trustee ts8SnirK and tho ¢harKy follows NCVO guid&n¢o on '￿)(￿ Trustee Governan￿ and Leadership and requiies all trLOtees 10 5iyn and adhere to NCVO ndard Trustee D•cbration aNI Trusteo Codg of Conduct. rhis report ha¥ prepared In attordancè tho spedal ot Part Is th tho COryan￿5 2CK6 r¢￿ting to 5mllll companies. prAoved ty order of tk4 board of I￿$t¢0$ on ....27/W2023 behaw by". orKI siwed on it$ S P Brorrky- Trustse

INDEPENDENT EXAMINER'S REFORTTD THE TRUSTEES OF THE MIUTARY VEHICLE TRUST Independert examiners rep)rt tothetru$tees of The Military Veli¢le Tru$¢ Ilhe Conwny'l l ￿ port to the tharity trustees on rny ex3rrinathin of the Hrount5 01 the Corrp3ny for yegl ondod XI Soptarter 2022. ResPonSi￿lItieS and basis of report AS the ¢hanVs trustses of the Conyny land also its direclors foi the purposes of <%>mpany ￿w) you are respO￿l￿e for ￿ preparatbjn of accounts h accoidance byfth lh• re4Uf?rn?nts ol the Compan￿$ Ad 20C6 Xn6 W. Having satsfiod mys•ff tho1 th• accounts of tho Corrpgny ar4 nDt r4quir•d to b• •udit•d und•r Part 16 of t￿ 2frJ6 Act aTh4 aro eligib￿ for i￿je￿nd￿nt oxaminalion. I report in rospect of nry exarinal￿n of your <tsirty's a¢¢ouDts as ¢arFd out Seclh)n 145 of the Charities Ad 2011 Ctro 2011 Arfl. In carrying OLrt ry •xarrinalJn I have folbwad Directbns qwen ty the CkArty COM￿1$￿9￿ Un￿r8e01￿}n 145151 Ibl of the 2011 kn¢. Independert txamimèf$ ¥t&teme I have ¢onW616d ry 6x8minilion. l ￿nIrM that no ha¥• com to ry attèrtlon ) connecbon th the exBrrdnJlon g￿lry rrAry Clluse to bel￿ve.. lttountlno i8￿rdS Mr• Ml k•pt In r•6P•Ct of th• CotYP4ny is rwulred by S•dJon 3e6 of tho 20QEkl'. or the occounls do rnt accordwwth recoith, oi th¢ o¢ooun15 do wt tx)mpty wth Ihg •¢counb'ng r•quir•rronts d s￿n 398 01 th• 2QJ6 k oth&r than any FegulrernBnl Ihat the llccounts true and vkmv vthkh Is r￿1 i rpAtter consierod as part of an indep8ndgnt 0¥8mlnalon. or the ac¢ourrt6 havè Th)t bèèn In a¢wrdaneé thè tThlhods 8Th1 w1￿4p￿ of lh• Staloryknt ol R•cotThYwJnd•d Pra¢tK4 for I￿0￿￿￿n9 and r•porh"ng by ¢hadll•8 lapplkabh to choTitieB preporiry theii accounts in Kcoidance tho Financ￿1 Repo￿n9 siindard appliubl¢ in UK gnd R¢publi¢ ol Ird4nd IFRS 1W211. I h8ve no c¢K8rn$ and have auoss no other rrAttois In conneLtbn vAlh the exanlnatk)n to attèntion b• drnI￿ kn trd6 r•port In oid•r ta •niN• * prop•r u)d•r6tandlNJ of th• 4￿cUntI to bo mo¢hod Adam Calvert ACA Rushtons Chèrtered Acwuntonts Short0￿ Hou8• 1 Faraday Court FuNwod Pr•ston LarKatshire PR2 9N8 2g/oi/2023

THE MILITARY VEHICLE TRUST STATEMENTOF FlhlANCIAL ACTMnES FOR THE YEAR ENDED 30 SEPTEMBER 2022 2022 Totsl fvr 2￿21 Totsl fund5 UNestrthd Restricted fund fvnd Nots6 INCOME AND ENWMIENTS FROM Donutions legacks 187.641 187.641 175.406 Ott)&rtr8dlw advmes Inv8strn•nt Ints)Tr 11.245 11.245 28 15,382 4T1 29 Totsl 198.885 29 188.914 191.239 EXPENDITURE ON R•MirvJ fvnd• 100.406 100.406 1Ce.543 53,268 53,2 47,911 Total 153.674 153.674 157.454 Nel galrnlOo58e81 on Investsn8nts 112.4071 113,7811 126.1981 29,120 NET IKOMWIEXPENThIUAEI 113,7621 19.042 2,eC6 RE¢ONCIUAnON OF FUNDS Total lunds brought for￿rd 2.164 1¥2,410 4.574 421.e89 TOTAL FUNDS CARRIED FORWARD 334. 168,e48 SJ3.616 484.574

TrIE MILITARYVEHICLE TRUST BALANCE SHEET 30 SEPTEMBER 2022 2022 Total 2021 Total funds UnrestrKtsd Rerfcted rund fund Not•¥ FIXED ASSETS Inve8twnts 87.5 118,557 206.465 232.883 CURRENT ASSETS 216 253.149 216 3.240 Ci•h•t Imnk ind in h•nd ,091 264.360 253.3 1.091 3.458 265.184 CREtXTORS unls falling due wthln one year 18.3C6) 16.3X) (13.253} NETCURRENT ASSETS 247.cfjj ,091 297.151 251.811 TOTAL ASSETS LESS CURREP LIABILITIES J4.889 168,848 503.81e 484.574 NET ASSETS 334.988 188,848 03.618 484.574 FUNDS Unreslrlcted fund Re51iKtod fvJnd5 334.968 1e8.648 2,184 182,410 TOTAL FUNDS 503.81e 484,574 The chHritaE49 corfpony i& éntrfed to èxerrptiort from Dudit thdér Secbon 47T of Iho Compan￿8 AGI 20Cefoi the year end•d ￿ Serlorter 2022. Thè nmber8 have not rèqulred th& Company to oLxaln an audR of its finan¢&•l statemt%8 foi the yg4r 9nd•d 30Soptgngr 2022 In ar￿rdanc0 %￿h Sgth?n 476 oflh• &rrp4ni95 A¢1 2Lb)8. Tho trustees acknow￿dge th•lr re5PODsbrfrtle5 lor () on5urin9 Ihlll Ihe rharitable cornpany keep$ ie¢ounlty rleords tht 4%lth &thon 388 and 387 oftho Compènios kl 2C06 and Ibl prepAiing financiél ststeThrts gwe a trufy and lair wow of tho gtate of èffair% ol Ihfy charrtab￿ CQTtyny at thg end of each finan¢lal and of ￿ 5urpkn$ or defKIt for •a¢h rinancial year in accordarKe ￿ryth the iequirerrnts of Sections 394 Bnd 395 and ￿lch otheroha Comply ¥￿th t￿ requlreThnts of tha Compans Act 2(XB r8L•ts"ng lo financ191 ststemonts. so far as applicabkn lo tho chantable conwny. fiwncml slatemtrts havo beèn wopared In ac¢ordanca the prov￿on8 applicat48 to th8rrtab ¢onyanv•8 $ubJ'•d to tho swll ¢owy8nios regirf. f￿￿r￿191 styterrents I￿re 8pwoved by Ihe Board of Trustees and authorised for ￿ on . .a>/oa12Q25......... and ￿r# svJnod on its b•h8￿￿Y.. S P Bromley-Twsteo

THE MILITARY VEHICLE TRUST NOTESTO ThE FIIIANCIAL STATEMENTS FOR THE YEAR ENCED 30 SEPTEMBER I)22 ACCOUNTI￿) POU¢IES Basls of preparlfigthe 11n￿¢la1 statefflents Tho finanual ststemants of the chArilablo ￿n￿ny. %thich 15 2 Publ￿ bon•fft •nlty undor FRS 102. huve been prepared in accorthnce with the Chart￿$ SORP IFRS 1 'AccouDting and Reportiw ty Charities.. StatenEnt of Recomn%nded Procti￿ eprluble lo preparlnu thalr actounts In 8c¢ordanc6 the Thnan¢MI R6p)rtSng Standaid aFpli¢ablo m Ibo UK and Republ¢ of Iroland IFRS 10211offo¢vo 1 January 20191.. Finawal Reporting S￿r￿ard 102 'Tho Finarrial Roportiny Standard appli¢8￿￿ In tho UK Ind Repu￿￿ of Ireland, and the Cornpan& Act Xn6. The fhianciol statemonl& have been prepared undei the h1stor￿1 cost ￿nvenI10￿, wh tho excepbon of Investments are ndudod HI rroiket V41ue, as by the vevalualKJn of Gertsln a$5frts In¢om• Al incomB IS recoqnmed in the Ststement of F1nonciDI once tho chorty hos Ortmo￿nI to the tund5, tt wobabk that the In¢on ￿11 be Fecel¥ed ond Ihe an￿Unt can bo n8sur•d rdlabw. Expenditure L￿?￿litieS are r•coBnls•d as tXPBn(liture as soon as there r& a ￿gaI or censt1uct￿ oblvJatlon mwthlng Iho chailty lo that exFndluro, tt i% probabh that 8 Ir8n5fer of econorrt bonoffts ydll bo roquirgd In sotUèm•nl and tho amuni of thè ol￿Wa￿On can bo moa8urod rèlk8Wy. Expenditure ￿ acwunled for on an occruals bosis ho5 been da5sffied under headirg5 at a99ieg8tè all tost ièlaièd lo the ¢ats90ry. ￿nN>t bt diiectly attilbLrttd to particulai he8dlrg$ thay hav8 baen 8local&d to 8¢tfvll￿S on a ba￿$ un￿516￿1 w4th Ihe use olr•60Ute•s. T4xotion The chatty fr￿cOrporation tax on Charrtab￿ athlues. Fund acco￿ling UrKostricted funds can be ulled in acroidonce ￿1th the tharita￿e obiedwes ot thB dsciotion of the tFJ$lees. R•stTIGlod lund& tan u$•d for I•$t￿clAd purpow$ th• obi•th of th• ReStr￿￿on$ irisè by tt donor or %•th•n funds aro rni8•d loi P2rbcular iestrKted purp)ses Furthar oxV•r4tlon of lh• nplurg and PLrpos• of gath fund Is Indud•d in th notw to th• firAn¢l819tatsmonts.

THE MILITARYVEHICLE TrUST Y)TES TO THE FINANCIAL STATEMENTS-contlnued FOR ThE YEAR FNDED 30 SEPTEMBER 2Q22 OTHER TPADINQ ACmMnES 2021 A(hwb$ing Cthor 10.e&4 12.W3 2.459 11245 15.362 INVESTMENT INCOME 2022 2021 Intpr95t r•¢•￿•bIg- tradin9 471 RAISINQ FUNDS Investment manwJwMnt costs 2021 8uFWrt cwts 4,416 2.817 TRUSTEES, REMUNERATION AND 8ENEFITS 2021 G•nwl s•¢r￿ry 520 Th•r• wr• rt trusk•$' oxyns•s for th• ywr r￿•d ￿ S••nt•r 2022 noi for th• yg•r ondod ￿ Sopt•mbo1 2021. COMPARATIVES FOR ThE STATEMENT OF FIP14N¢IAL ACmVlnES Unrestrlct•d R•slrlct4d lund Total funds INCOME AND EN￿￿ENTs FROM Donatknn$ and18oac 175.4(k8 1TS,4(k8 CAhertr¥dina InvestrnBnt incor 15.3ff2 15.362 471 Tothl 191.234 191.239 EXPENDITURE ON Raising 109.543 1CYJ.543 h•r 47.911 47.911

THE MIUTARY VEHICLE TrUST TES TO THE FINANCIAL STATEMENTS. ccntinuEd FOR THE YEAR ENDEO 30 SEPTEMBER 2022 ¢OMPARAIWES FOR THE STATEMEKfoF FINANCIAL A¢nvinES- ¢ontinued UniestTKted RestrMed fund lund Totsl nd5 Total 157,454 157.454 12,687 16.433 29,120 NET INCOME 46,467 16.435 62,9JS RE¢ONCILIAnON OF FUNDS Total funds broUghtforv￿rd 255,697 185,972 421.889 TOTAL FUNDS CARRIED FORWARD 2,184 182,410 484.574 FIXED ASSET INVESTMENTS UnlL4tsd Inv•slrn•nts MARKET VALLIE At I Iktober 2021 R•valu8b'¢ns 232.663 (26.1981 At 30 Sgp¢en•r 20rk 206.46$ NET BOOK VALVE At30 Sop¢en*•r 20rd 2￿.485 At30 S•w•rrb•r2021 232.663 Thole no InvestnNinl assets oubldè the UK. C¢)Et or valualon at J) Sept•rter 202218 repi88ontod by.. Un1btsd inve5trnents valUat￿n In 2Q2 2C6.46S

THE MIUTARYVEHICLE TRUST ITE5 To THE FINANCIAL 5TATEMENTS- wntinued FOR THEYEAR ENDED 30 SEPTEMBER 2022 DEBTORS.. AMOUNTS FALUNQ DUE ￿THIN ONEYEAR 2021 Trodè detrknr& 216 CREDITORS.. AMOUNTS FALLING DUE YIITHIN ONE YEAR 2022 2021 Trade creditor¥ VAT h•r u•dor8 1.819 9,541 1,412 2,5(K) 13,253 10. Mov￿lE￿ IN FUNOS Net 1.10.21 In fund5 30.9.22 Umestricted fund Ggngr41 fund 9￿.184 32& 334.988 ReNtrkt•d fijnd John Alen Bequest 1&,410 113,7&1 1&.648 TOTAL FUNDS 484.574 19.042 503.818 Nrt r￿j￿rr￿rt In fvrds. Indud•d In th¥ •bow Idh?￿.. R•6our¢•s Galrts ind MovèN*nt lo¥ in fvnd¥ Umestrlcted funds Genoral lund 198, 11S3.8741 112.4071 32.￿4 Resthcted lunds John Alon 8gquest 113,7911 113.7821 TOTAL FUNDS 198,914 1153.8741 128.1981 19.042

THE MIUTARY VEHICLE TRUST PKITESTO THE FINANCIAL STATEMENTS- contlmed FOR THE YEAR ENDED 30 SEPTEMBER 2Q22 10. ￿)VEmE￿ IN FUNDS- continu GompAratlvo8 lor movomort In fuNIs Net movem?rt in funds At .9.21 1.10.20 UMeSt￿¢￿j fundi Gènèral fund 255.897 46,467 302.164 John Pjlon 8oqu•st 165.è72 16,438 182.410 TOTAL FUNDS 421, 82,905 484.574 Coffwrtitivé not rtvormnt in fthds, In¢lLbYed In thè ibovè dre a3folbvA'. I￿oMIvj r50Lfe•6 R6sour¢e Gal￿ and Movenrrt expEnded 1055 In lunds Gornral fund 191.234 1157.4541 12.687 46.467 R•itil¢ted fund¥ John Algn 80gU•$t 16,433 18.438 TOTAL FUNDS 101,2 1157.4541 29,120 62.9J5 AuJrf•nt y•ar 12 trKinth$ piior y••r 12 n￿nthS COn￿￿d pol￿On 1$ as folknwB'. Not mov•mHrt in lunds At ).9.22 1.10.20 GO￿Tal lund 255.897 79.2TI 334.988 ReBtri¢ted funds John Alen Beque¥t 185.972 2.876 1e8.848 TOTAL FUNDS 421. 81,947 503.618

THE MILITARY VEHICLE TRUST TESTOTrE FINAN¢LAL STATEMENTS. coThtirn%d FOR IHE YEAR ENDEO 30 SEPIEM8ER 2022 10. MOVEMENT IN FUNOS- continu￿1 A ￿rrant year 12 and p￿Or wr 12 n))nlhs combhed nèt nK)vortrt h l￿d8, Included in above are as folows". Ir£ornnJ Resouices expended Gair¢a and MowrnBrrt )lut Urbrestdcted fund5 Gènèralfund 39).119 1311.1281 280 79.271 ReSt￿Cted fundi John Algn Bpqugst 2.e42 2.878 TOTAL FUNDS 39).153 1311.1281 2.922 81.947 RELATED PARTY DISCLOSURES Them ￿1 ng rel•¢•d yrty knnsacboro foi lh• ye•r•rd•d 30 $0Oerthr 2022.

THE MILITARYVEHICLE TRUST D￿AlLED STATEMENTOF FINANCIALACIIVITIES FOR TrIE YEAR EKIED 30 SEPTEMBER 2022 2022 I￿OmE AND ENCQWMENTS Donation5 arKI legacles Donations arvj olhgr Incorr Gft owj SubscriplbJf%5 7,248 31.393 149,OCO 2.162 30.111 143.133 187,641 175. OIhertradl￿ 4Ctlvrtl•s Adv8rtBirvJ 10.854 12.9)3 11,245 15.362 Inv•¥tmrt Incom• Interosl recelvable- trading 28 471 Total Incomlng r•iources 198,914 1&1.2 EXPENtNTURÉ RaIsI￿donatIonI WKI leycl•8 G•nèral sotrèthry Ai8a support Methiship Pubkncation Publcty ¥b 520 15.30è 23.775 84.261 14.872 22,045 9),496 2,149 1Q3,303 1C6.720 SupkM)rt costs MnHgennt Bank thary# Insuran 4,418 42,572 2.817 46.013 46,99) ¢3overDDrKe¢o$t A¢eounlarcyand legal feès 3,381 Totsl rosourc4S •Kp•nd•d 153,674 157.454 Net income Ixfore gains ond louvJ 45.240 Reallsed recognised galns and losses ROa1￿&d gain51llos5•51 on fixèd 85Sgt P6,11 29,120 Net Incorne 19,042 62.905