2024-09-30-accounts

THE MILITARY VEHICLE TRUST

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDING 30[TH] SEPTEMBER 2024

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 14
Detailed Statement of Financial Activities	15

2

THE MILITARY VEHICLETRUST REPORT OF THE TRUSTEES FOR THE YEAR EMtED 30 SEPTEMBER 2tr24 The trust8es are aWJ diieLtLY5 d Ihe clwrty fLY th2 putkWJ5e5 d the CuTyanip5 ALt 20)6, pr&￿t th8ir rEpJrt the fina￿la1 statennts of the chanty ft>r th2 year en(d X) &rtember 2024 The trl￿eeS have adopt& the prOv￿lOnS of A(Lounting and RewJrtiry by charrt￿ &alETtpnt d Re0)t[wr￿1￿jVj appqicaLle to charrt￿5 PTeparing their a¢xounls in aC￿rdan￿ %4th the F￿al￿r￿ Rep￿n9 Skndard apP￿ab￿ In the UK and RePUb￿G of Ire￿nd IFRS 102) (el￿t￿9 1 January 3)19) 0￿ECTIVEs AND ACTIWTIES Obleaives and alms The Trust 15 established fDr the PUTPKW of restoring avj vehKI85 of h￿l0(￿al irrterest and th preseNation ot bc(s, af￿r￿j5, word& d￿r(￿rrtS soJThJ aThJ y￿Ll re£￿thr￿, fi1ft￿, thtojrarths and other m•Jia ond ephe￿ra rdabng to swh trir ￿ and dv4ek¥rn< * rxoThng 8nd wjuraging the sarn aim in ¢t￿r$. In further8nc8 ofthe atY4eobJed5 hweth•pyrtwto.' Organise, ¥￿n￿r and 5urwrt rThliAry vehkle aTrl SLrh tith8r sh¢v45 ard events erthurage the appearance of hi%torr rnilrtary Veh￿5 at publr v48nts shw for stWig￿n d IntomBtDD, ￿UC8th)n arn# interest in such vehic stqnlflcant actI￿tIo5 Our mis510n. keeping our mBcharncal veterans awe" by ￿￿￿ea￿r￿a IndNithal cc4k%tve krnwledge ar undr5¢•nding cl vehK5 r￿b¥S trust t The main aLtNrtwScIt￿ charty arv 1. Promoting the restorat￿ and pres•NbJnd hi5th Ir￿￿ry¥•1￿d 2. Publbshing a qualty IT￿azIne. Wn&LYeen. Isdthbutthj IMMS * ￿r. 3. Pic¥iding branded thrr6tc prorrnte chanty ra15efuThJs 4. Gwing and wteniol mlrt¥ryvehl•s. S. EnGL￿T￿ing the appeararKeol histonc rriltsryvehble5 atpull￿e4ents¥nd e. Organi8Ang. sponsonng and ft4rtary nd f4Jch athtr Éh￿ alvJn to tharrtable objects foi the prowNcffi and 51imuktscffi of irrforrrAtni. ¥d￿￿￿]n intsrest ￿ suth vehrjes 7. Picyéisior) of Infor￿ts0￿ and access iooui ¥rthNed dc¢um 8. V￿rtIng schco15 and cher e3t4thrrenls g. Supwrting a ntrtht)rk Areos. ￿l￿t¢S ￿nt•S ￿¥1 to an ￿ the 0Pk)￿nfy b exehaNJ6 infuwAbon and hc4d events thal are OFen to1￿ wbk 10. Providin9weL%rt&arKJ SLto1 ffdia pWc¥rrofty ol lorthe puilt The truaèes have dc¢umentskn ar¥J ￿¢￿86ry and en￿re rt B in xo)rdIn￿ t Charity c0wffliss￿,$9U￿anCe cfft putlr tendrt, %%thi￿er¢&u￿9thèlru5I(OrrP1.65 in all a5Fects Publlc bgngfft The truees conhm that ￿ thè past 12 n¥)nth& Ihe ¢ygarAth erdè•mJreJ to ft8t ts obJèth6s and c4rri&J out act11￿6$ the Wb1￿ twthtlhwh thef0h>￿ thths. - Eventsopen totho pubhc tratour nwrttsauend - &Jprorting and attendir¥J vew8 maft￿￿1 elents - Visrtsto schods and otheredw•tw)rtyl estab16hnwts - Area meetings, Including presen￿￿rts ab)urrebbve wbpxs, aro¢w b the pu￿￿. . Engagerfftnt charth50nd ¢y￿n¥￿Yltr•tsh￿￿￿th￿rCfjn￿

THE MILITARYVEHICLE TRUST IIEPORT OF THE TRUSTEES FOR THE YEAR ENLED 30SEpfEMBER 2024 ACHIEVEMENT AND PERFORMApKe Cha￿table acfjv￿$ The trustees are pleased kn present the VehK TnJeeg Amu Rertht for Ihe year 3(Xh septm￿r 2024 At the risk of t￿oMIN) ieFbt￿e, % start Ih? W ty that IhE+ Ililtsry VehiL Trust i4 ty tsr the c4dest organksath)n d its type In the are ol the tad that v conbnue to be the Largest militydry weh￿Ie group In the ￿rI￿ by 8 ¢￿￿er¥b margn In th$ bst year. as In past nkqny yeaTS, the tru4$ twrtrership conbnued to grcrt¥ This ￿cS tr trend rl ￿ rrAny organ￿aI￿ts vtsh are trom d￿jIning numbers, and Is tests￿nt b) the rrwny v&unteers thr￿g￿th ihe Uga￿s8t￿￿l grrfe trir and ewrgy to the tr￿t an organwtKJn that vAnt to Thts year VKI hae akn V￿￿1￿1d a &rger number of n￿v Voluntee￿ to offrcer rO￿s, l￿th in the nwna9ement d Qui TegDro1 Am5, and on tro Ciyjnul d MarWj8rr￿t As aKYdy4 fx65 ￿Ing Tenth￿d enthu￿&sM %%thrh all hdpstomthuetotethelnJ5tfw4 Besides trust member5 ierriving the birrA)itrly ￿nd￿et￿ rrAgazine, an annu￿ Ca￿ndar and personal public Iiabilty Insurance ￿Ve[. pinin9 L￿ber I1￿￿r￿￿. Itiprwjty. aLr4e and kThlBdgeabb enthu51a5ts ￿ of c[￿15e an attraction Mernbers COMB twher and rrAny dlffrnnt r￿•￿ IrK•Jthg * rtydar Ar¢a rrneting4 arKI events, asvRII aslhrwh our vww.&Kpardin9 rr•Jra 58¥ For nwny ￿arts v htr bè abb t¢ hdd th• fs %ith¢yJt y Inc¥easts. Thts Is duè to tho 90th¥ mBTragerrnt of fur￿5 %%thiLst enwnng w? xppcrft Charrta￿ airr¢s thILst ￿Jr rn￿1p fees hava remèined Sta￿ for nwny ytrats. h¢M bng th L hekj %4th all the S¥hffj(ant In ￿￿￿1￿9 Costs, but paiticularfy in ￿Stage, wintng and paFer, rewoms b te seen M05t merrth sun up fry GThl and that addrtional Ir￿￿ has thetruto o)nbrAie ioofr t￿r gr￿¥?￿je rnrtershippa&ago. Th year encoftwas68d t￿ 8Cth antNvern¥y cl thè ￿0ty In Nonyoréy. On th Jun6 1944, tha largest miltsry seabune OFerabai in hwluy t•gan, so ￿ June 3)24 tro trust rrArkAd ble an￿￿er￿￿ ty I￿￿n9 some 39J vehicle4 arKI £ww kwr4e, on or d out quinquennl vehide tyjis trj Nomnty. This ts)ntr8sted w1h t fir&t tcur ran 50 years 40 In 1974. trnk atrthrt 10) veh￿￿15, a￿￿nd 3CO FeorAe, a￿n9 wth scma velei8ns y￿re In theii 6C bxk tsn. TMY irththd Bll Mlhn arwj May Fkmrd 0￿, but 6￿ty, forthefirtbmt. ￿24 i#ur had nof&Tm téNèmbn Irtsn thèearrwun In rt¥ nurrknern. Pr•Parat￿N$ foi annr41y Startad in A￿u 2J22 In tr fdbxing 22 fr￿¢thI, * sffoll tsm L trwt oflthfs undertook all Ihe recessary prepar8tb)n y￿rk twr &)ce the trwr In 2019, thin96 boGom2 a lilt￿ mre diffKutt. wlh requirtrj to oktsin Catnets loi arvj, duè to higher of tsecurty. futher passes needed b) be 0￿81n•y b) ￿ certain ¥re8s dunry firsi days ol JUM. Thts tour alhMd oui vehKlès to btr d&thyed wbl In ffny kntaiths eaL In thè UK. rnany evants atso teing held, and the tru Yas p￿•1 tr) awcpnate Veh￿5 th SJPVAL illusvabr4 to the attendiry pubiic t Vtslly imp0ft2ntrostheyp￿Y￿￿ alltlw)so In July. and follwrvJ rm Aftw th ￿DaY tsur, Ihe Irust V8$ YY4ilwd kn ￿rb￿le ann￿￿ry of the rt of tho swces6ful, but har&foL4ht batt￿ foi Hll 112. 4fJ th P4ym¥Kly. Tts Vu5t has been a l(w.tmg Suppxter ol the Hill 112 Memorwl FouTrlatDn and the Laswnknn 112 y￿5 ap. a5s&ed In f￿1n9 & Churchill tank as the ¢￿trep￿e ol the 8rKI Lhw p¥t.fvnd8d ts resb)rab(n Thts year ihe Vust fund•J the full repaintw of the Churchill lank anniversary The Irust F4ea5ed to ￿ Ihe hiviktrjn to seTh4 repreSentat￿e5 to Ihi5 comrfftrmr8bon, piniw wny digntsis, IncknthrwJ Edward, nwThe Du0 cl Edinburth It esbroted trero Y￿re perhaps Invrtal gue5, veterans Irorn tr &MmF4yn, %Mih arther Y￿￿or5 from th lttalty, includiThJ tre kxal ¢hiklien Events like tw ncl only ensure an￿Versar￿5 wo not forwtsn, tr> alk7wthe trust ts strnwthe publicthe ImprA&nt K4e50ur hLStorKvehde5 %4tten ￿ 5eNr£. Meanvthile, roubne va)ik has mntnued dvjtsirg b)e Iblary the first of manuas 5d&ed ￿r￿￿eT, the (ther classic Car organtsatsn ￿ ￿Te rAannhig to share disrAay pwbm has deoded tr use a dffterent rontractor. So, before ￿ Mrnmrt ￿ndS ts this are LKkwg t ertsure thai mrrtractu s atle to proYKle the a￿sS require lo¢Yyiqy the nBnu4svath wtrArac(e4 rted to d￿er￿t￿rrangemen15 Last year our new V￿trs￿e VA5 ￿unCt￿d. Thi5 ha4 ￿￿￿es￿Ul￿ WAwe our tharrtatrle aims, Is much easier to navvjate and is rthv alu￿ble by ￿ put4 EaS￿r and qUbEr links to membership jLwning ar renayal is al￿ helrAry tt) Incre￿ ￿r rrerrkner5hw•nLwnber5. asel a5 rrAntsning membership retentson So, Ihis year ha5 teen a S￿cIal one se4eral vAy4 none of Ihs %4rAAd harv all the Y￿rk uThlertaken by our unpaid volurrteet5. Our grateful thanks ￿ due b (¥Jr aThJ CiyJrLyl thKers, all our Area Secrekn25 Area offirxs, a5 v￿1 as uji a4e arnl ethLNa5tic merrbuthip. foTh+Ard t ancther ￿lSY year n¥Ktyear FINANCIAL REVIEW Prlncipal funding soJrces The prinupal ￿ndIng S￿ree$ durkig the ￿￿eft¢￿S￿￿F1utsand atr4wtsroJ.

THE MIITARYVEHfCLE ThUST REFORT OF TRUSTEES Foft THE YEAR ENLED 30SEpfEMBER 2024 FINANCIAL REVIEW Reserves polKy In acurdan¢e wth gui(l￿e$ by Ihe (bnty the tru#s h4e ado¥thl a wlcy rega￿101 the re5eNes, shoukl ensure that 81 There are a(kqu¥tefunts toensuretsttsctsrty i58trJelo netall wrrwtand know) fvture I￿IrtS bl To ens￿re free reseNe5 do Mt exceed than 18 n￿hS of artrAp3￿1 fu the trust to me2t ts obligalons to paid-up nEners Funds wll to be used ts supwt aThJ th tru¥s OP￿rIeS To ensuie funds reroin ithin the gu￿ar￿ thls SLIP￿rt ctsibn￿ As atrA>￿. fur￿$ are akn owmarknd forthe dVJitMt￿n of th? Iibiary and maknng the Ima9es Golng ¢on¢em The chanty's rrAin sourr rl Income L5 through rr￿bershIP and adVats￿9, 5up•￿d by srrn inmrrnty Irom Grftaid. Thg I￿S￿e5 that appI￿nate tt) wware tro a￿1)￿nts ￿ a yJing ¢yJrKern baws and conwuentty. the nLt arty •liuknnts lh t• 1￿C•sary wJrc•s of %￿U￿j coa5a. FUTURE PLANS It Is eApeLtsd Ihal uwl l•1 d finants￿ ￿E￿t for d bè m4b. As I￿aYS, tru mtmtrn wll be supwrtlno these as as n￿br¥ Invrtati￿s Irt￿ Sthc<45 and educa￿￿1 e&abltshn￿nts. and mLve Irequent ￿KUrren￿ are iegJe to suppty 5Urtabls vehKges at the fiJnwak of miltsry vrans 8fvay8 resk￿￿ lothes• and ty to fv)d vehwJ88aPWCVMbtothe It rd hokd that next year wl 588 the of entrwc• # thè N•t¥x81 Al￿r￿uM INMAI the liee planting already sporfdored by the trwl ThTh %MI bè * Irrwtsrrt In thè tru<5 hw for sV4eral reawns and w kx lofvxid to h8VW Oui Wk¥•8entair4•8 thoreon thy. After a p8ndemic-loicefJ ktKxl cl fty LXJI ityubr • tr•Nng d•ys, the trust wll i Nnning Seva￿1 cour8ei at new locatior￿ around thè munlry Th WAI allcw a fresh 9rw cl memter5 ID bEccrfne trained rnlrth￿ nd idy to the thwtrained In pmojs yeary as￿1 8spThbthtvJ rdfeshw I￿￿￿￿e %h) rw4uiro As n￿ntIOn￿l 8t<fve, the digrosmg el ￿rksh¢ frcm the tDJ8ts hbr8ry * curyenuy c#) h￿d A8 %? mtand to LX)mmil S￿nrfiCant fuThY5 to th￿ PiLy&. ensure v WAI have aLress v rryuire to di¥lay thè manuals once t￿Y teen d$rtwl. ￿ expect io fitsj a 801ub)n so)n that %MI us to ￿k8 woor85s tr) prO￿t Pwhaps thé rr£& nL¢ak4è tr4errt8 n thtr e¢ming vall te Ihe tr of through the 8OLh 8nnwwsaiies VE Day 8Th1 VJ Dty. We krKwfK¥)) anThvW8a￿ th# wll vary frc)) swll. hx81 events to ￿rge nat￿nal gatheiings RegJidles4 tiust mEmters in grtt nuntss. h￿￿'r6 mrk annNersatitis by dispkgyin9 I￿1r mlrtarYveh￿￿t0IhÈ pu￿ The truee& Corthn￿ to ￿ awo t) rtr•wthe fclknNirvJ areA8 cl Ih? charty b enwjre that rt for purwse - Goveming docuftnt. - All ￿liCIeS and pf￿eduleS . TNstee training. Indu￿￿￿￿ 8thJ rrjo . Risk rrkgnagermnt . s￿al ￿la andwetiie Our key In Z)2413)25arw. . ContinuirKJ to offei nanco1 supp)rt to rum￿ and werts, rThtsling plaN￿9 8swthce and 9U1dance, akng Wth trained I￿[$￿als￿￿ere requiied - To wden out and Area$ to enJr8¢e dytsl WnctwJy vthere rt w)ukl rxtr4e vsefvl. as ￿11 &$ ofering supwrtand trainiw. . To encourage fornBtp)n ¢1 new Arogs in the Fwts of ts ccJrrtry Ihwe 1$ ￿rrenty tc) g￿81 8 di5tsnce bel￿￿ existing Areas . Encourage rrore mthntrrs to UThyets￿ edwat￿l b) cthw &K¥t)nal est814thments and. nere55ary. arrangiDg D8srI¢ksa￿ Safeg￿￿1ry tra￿￿9. . Conbnue to build the links Ythth other mioary vetwang grwF NPa4, esp￿01￿ our b￿efits both . Erwuiage nErthrs lo ind[v￿￿lY tr￿f$ tyee rknb"ThJ at the NW, h a VBW to cfiseityng thecarky)n emiss0￿$ th¥r pewthl hith¢ rrnlrtaryVeh￿4eS . c￿tInUe to grtrwour wmbership 3n(J atract m)ie rffErtt￿f1crn mditary hthry wd coll<yingfE￿s . Take f(wrd our fDr dutsiFWJ our referetKe IIL¥ary aFwJ the fitst al￿1￿e to the Publ￿ bsrte . Exthin the sgnth(¥n¢o of ¢ur ttiiitaty to the pneral puL¢ vra trènts CL¥n[[t￿)Tatyffj thè 80th ann￿er$Ory ofVE an(J VJ tbys

THE MILITARY ￿lIcLE TRLL8T REPORT OF THE TRUSTEES FOR THE YE4R ENtED￿$SEPTEMBER 2[124 STRUCTURE. GOVERMAMCEAND MANAGEMENT Goveming doEurnent The ¢h¥rity Is controll￿ by ts w48mino a d8¥J or and oxtstibts a I￿￿ CoM￿ny, IitThted guarantee, as defined bythe COrrPan￿ Recruitmentand appointment of new trustees The trustw are diredors ccrnrrany, we aPFontAI of the Miltary Vehth Tr￿l at an Annual General fvleeb STRUCTURE, GOVERPIANCE AND kiANAGEMENT Truqtee Inductlon and tralnlng Cur￿nt trustees are familiar wrth the ￿￿rk of tr ¢t•nty as a res￿ of a brystr￿llr4j ¢m￿￿on or awa￿ne3¥ of the organ￿atIon New trLk8tees are Ir￿rted b) atte￿ me8b"N•. events aTrJ 8¢tP41o￿ ty f•miliarBe fvrnsePrfes the of the charty antt the Context In whrh it operates Tnthes a￿ e￿O￿ra￿ ID attend trustee trainiro and the charlty foll￿8 NCVO guJa￿e on'Goc¢J Gv4ernarKe 8Th1 L•ad8rslW. Trustee re8ponqlbllMe8 In relatlonto Ihe flnanclal Btat•rnent The trustees, Ytho are also diiectors ol chaity fDr the pupjses of th2 Ctsmpani¢s Act 2006. are resrnnslbkn for preparing and presenting ￿ Trust¢es' Ann￿1 Rewjrtwth fir0￿181 ststements ofthfr charty forth• yo•rend¢d 30ttt SeFtsmtr 2023, In accordance 8PKlicèbb traw and UK Accounw starthtds. Company law requi188 th8 tN8tse8to weF410 lha￿81 •r0ments fora8chfinancl y•ar. gTr40 8 truo aThJ falr vkgw tsft￿ 8tsts 01 tffalts off￿ thtntaLY eompny irtomiffj r•uK68 and apF4Itar￿n ol ros￿(¢•￿, IncludlNJ thè Income and expendrture, ol the charrtab COrnF0ny forttrot perDd In pr?￿rIng t￿¥¢ flronc#l m•nts. Vtru¢¢s •r• rwJ1￿d to - Selectsuitatye accounbrg polics a￿1 appty tN•m cor4¢8t8rtty. - OkéeNe the methods and prlrKIF408 In the Cforks SORP 2015 IFRS 102 - Make iuthJmgnt8 and gStlmats8 that 818 r•a8or•bk• arKI pnxl•rt - State w￿0)￿r 8pKliCab￿ UK A¢coumirKJ stsTrJ8th h8V• téen folk)J, 8ttt4xt to ary mat•dal dep8rtUrn8 dlxkJ88d aNJ oxpiained In flnartiai statsmtrts - pre￿re Ihg TIna￿l¥l ¥tslerr¢nt on th• t•¥ rt l¥ IrK4Fvowt• to thHt the C￿rI1•bI9 comFony vlll continw In oF•ratbn. The Iru5tees are re8wn81￿ for kee#ng alq￿te accounung records that dtsck)s0 wlth re•sOr￿tIO accuracy at any tlme flnancrdl wsltbn of The ¢nairtab￿ CoM￿nY 8ThJ errd￿￿ them to ensufe thai tr ffnartrdl Ststemonts comply wlth thtr CoMpBn￿9 Act 2￿6 They ait a&J regportsiLYtr torsfé9LArd￿9 the ssèts of llie thatftlW comp4ny and he￿e for takiNJ reasonab￿ step loi me weverton 8ThJ dtrtectr)fi ￿1raUd 8nd thei iwulartes. rewrt has b••n prI￿r￿a In •ccvdarr• ¥F•cI pFovtrw of 15 of th•Comp•nkn¥ A¢t2ts)6 relotlng ts Small comwnles 24103125 Apyowed by order oflho ol trusta￿0n.......................... . ............... and 8hJnod cn fo tATrhafby.' S P Bmm*-TrL¥tse

INDEPENDENT EXAMINEifs REPORTTO THETRUSTEES QF THE MILITARY VEHICLE TRUST IndeppndentÈxornlnes rEPDrtto thetrusteÈs of The MiltsyVehic Trustllhe Cornpanyi I rewrt b the ¢h)rty truths nry exaffarn)t￿ d tre a(rounts of the Com￿nY the year end 30 SeptemL￿r ￿24 Resptsnsiblllles and basls of rtport Asthe chartys trustees ol the Gorryany { isdiredors fry oto)nyany &w) ￿ are resportsible for the preparation otthe xcOrdartt￿￿h tr re4ulre1r￿Sotth￿ CA)m￿nieS Ilhe ACVI. Having satistsd Myse￿ Ihat the xc￿>￿ts of tre Ccrnpany are rnt required to be audit&l under Part 16 of the 2(th Act and are eligible lor Independent eAaminakn, I rewrt rw of nry eX3￿n3￿)n of your C￿rtyS as r8rried out undeT &¢thn 145 d the CkArths Act 2011 fft JJ11 Pdl In ￿rry￿￿j out ry &xaminat?n I have fOlk￿d the Directiorsgwen tyt￿ Charty CAXyr￿n uThlerW(n 145(9 Iblotthe2011 Art Indep8ndent exarnin8¢88tstsrnent I h￿e rnrnpknd my vxamrAtrn I confvrn that rts rrHtror5 corrn b my alterrtnn in ￿n￿tion ith the trxarninatio￿ gr¢in9 rntrcautstrto b￿￿0. accountirw rotds rw)t kept in res￿ dthtrctswyas 386 ofthè ￿ P£t, or the accountsdo ncl accord ￿ thoserecotd5, or accounts do rtt wlh the ¥¢eounbng rw4Uir•￿ts LY S•xx)n 396 cl th& 2Cfe Aca other than any requireffnt that the accounts gNe a In￿ I￿r not a rnatter cortsjthred as part of an Ind&pend8ntexarrinatth). er the ac￿￿nts have rnt been preF4r•Y in accC(dar￿ vlth the rrthcth ard PrirKlp￿ of the Ststsrrhrynt of R￿(￿lY￿n￿•d Pt•xe aNJ ty che4ths (app￿ts￿e to chanD85 prepaiing thoir acwunts In aLrcKdarKe %Mth the Finaraal ReF￿r9 Stardaid aF￿1c￿E ￿ the UK of Irdand IFRS 102)). I have no ￿nCernS and have ccY 8U(ss no othw In th0•Xamnkn￿ trj shou dr&yn Inthis ieport in LYdèrto•nabba urder*ndiffj It￿nts tr) ￿ rèthtrJ Adam ca￿ert Rushtsns charte￿ Ac¢tyJntsrts $horro￿ House 1 Faiaday Cwrt Preston L8ncashir• PR2 9N8 24103125

THEMILITARYVEHICLETRUST STATEMENT OF FIPIAKIALACTIVITIES FOR THE YEAR ENCED 30 SEPTEMBER 2tr24 73 Total Unre*K fund fund &rvJs INCOME AND ENtKWMEMTS FROM Donat￿n5 and ￿g3cleS Othertrading acththes Inve5trn2nt irKLY 3).470 XJ.470 7.8 12,271 1.381 Totsl 1.381 Z28.15B ZJ3.297 EXPENtHTURE ON RaNng fur 14S.528 146.528 126,733 oth 5&407 5B.407 52,970 Totsl 179.703 Not gwns on Inv•strnnts 12 19.182 31.W 5,7P3 NEf INCOME 54.787 ,&87 RECONCILL4TION OF FUNC Totsl lunds trmughtfarvard 172.405 $33.riJ3 sn,818 TOTAL FUNDS ¢ARRIED FORWARD 1￿.968 87.7 S33,0￿j

TrIE MIITARYVEHICLE ThUST BALANfE SHE 30SEPT￿8ER 3J24 2￿24 Totsl UnreK fvnd Totsl fund6 rund FIXED ASSETS InvestreNs 102.425 141.3 243.8 2258 CURRENT ASSErs Debtors Cash at bank In han 5.144 2WJ.613 5.144 315.185 51.512 338,744 .757 51.5n 350.329 9,584 IIEDITORS Arnunts falliw du•ithin on¢>¥ (@.￿) (6.￿) 118,8&91 NET CURREln ASSETS 51.572 343.¥ 320,7 TOTAL ASSETS LESS CURRENT Lk4BILITIES 1W2.968 7.79) 3,OLB NEf ASSETS 192.968 7,79J 3,0 FUNDS Unrestricled fvrds Restr￿ ￿ndS 394.822 W), 172,405 TOTAL FUNDS $87.M $33,QY8 Th¢ •nttsJ )) •xerrF4vb Sp¢bJn 477 of I￿ corrwnV￿ Acl 20C¢ ts the y¢or tndèd 30 SÈpbthr3J24 Thè mrnbern have required thé Ctiin In authl el ils siiteAraits for thè ￿r •nd&J 30 SePkn￿r ))24 in Accc(dar￿a Seckn 476oltheCunwskl XC6 Thetru5tee5 aCk￿￿4d￿ethfftr ensuiir)g that the Charitab￿ c¥)ffwny rwds th eorwty Se&vM 388 and 387 of tha Ccrwnes Art ￿ and epariry fifian￿1 5tatetyits a truè and far thè affaKs of tl ¢harrtable cc¥nwny a8 at the end cl exh I￿¥r￿1 ye¥ of ts gjrplus ty defiot for exh trarwl year In a¢wrdance Ihg require￿nts d sectL￿$ 394 and Il rtyuiieffnts ￿ the Companies A rekgbrrfj bfimrK¥al stateftwrts, sofwas8Fyh>bletothe tharItab￿ wmFony. These linaKKql stnwnts have been weFw•J m ar£ordm the ky¢)¥W￿ts ath"(at4e to r￿ar￿￿ companies bJ￿10the6maII c(xnpans regm. Tho finI￿ra1 staiennts by the P4ard ot Tr￿lee NJ authcrfwd fer en 24103125 and %4we suned on ¢tth8lby S P Brrmkny. Tr￿￿e

THE MILITARYVEHICLETRUST NOTES TO THE F1NANaALsTAT￿ENTS FOR THE YEAR ENCED 30 SEPTEMBER 2024 ACCOUNTING po￿lEs Bas¢s of preparing the financial statemertS The financ￿1 of thariiat4e ry)nyry, %thrh 1$ 8 wtty ￿n￿r FRS 11Y2, hwe teen wepared In accordance Charth5 SORP IFRS 102) 'Acwuthg and RewI￿n0 by Chanties Statement R￿mn￿r￿1ed Pract￿ 8prlratle to thar¢ts w4)anng ther ￿￿ntS In awrdan(t wth the Financial ReporhrvJ StaThlard apFA￿￿￿ In the UK and RePUtrA￿ of Irdand (FRS 1021 leffe(the 1 January X19)'. Financial ReporbrvJ Standard 102 Finan¢K)l Rwrthg Stsnd8fd appkab in the UK and Rwublic ol IreL9nd' and t ComF43n￿ Ac 2rth The finarttal aterrthts have FYep3red unthi c05t coNention. with th2 exceptDn ol lnvestnnts￿th are atffwket val. as by the rev8lu•tron ol rtain assets In¢orne All inmrr i5 reC0Jn￿ in ￿ &aterrnnt d Finarnia AdNth5 I￿r the thaTty ha5 ethrrnnt ts the funds. it is probailethatthe inL¥)ThpwII LY andthearr￿>Unt￿ te rI￿a￿￿￿ relwb Exp¢n¢nur Liabilrts ale recognis8d as •KpethYture as so)n as Lhwe ￿ a bJ81 or ￿￿#JUL￿ve c4)Il￿t￿ o)rrmitbw t ¢hanty lo that expenditure. rt r& prot•ble that a tsanth bpnefts wll be rwuired In and e arn)uni of oilvjakn can bo ￿l￿8b￿ EKktxllure 6 aco)unteO f¢r on an 8ctru8ls bas￿ and has been under heaYiTr￿ that 4grryats all to the category ￿ere ¢x5ts cannot dir￿￿￿ attribuied to ￿￿CUL￿r hè•thrYJs Ily he been axaied b actsffjas c¥) 8 bs use Taxaty)11 The chaity 18•x•mOfrom on tschwrt•t•4(085. Fund ¥Lcountlng Unrestrthdfunds rw in th•thwrrt#Jkpotwtre58tthe d¥r)n Of1￿ truth5. Restricd fvNls can orly ly parfyxlar r•AKed pwpcos th• c+JJo&s cl cbarty. R•strKtio ¥r￿lIs￿en Iheojncf 4￿ra￿d f0rparbC￿&irre#r￿¢d purposes Furthw expllnatw dth¢ n•￿reA￿d frjnd • ir￿4￿tsd in the n¢tys lo th•financ4HI *a￿rr￿n￿ OTTr¢EA TRADING ACTMTES 10,510 ,470 12.271 INvesTMeNT IKfoME Int•rest ￿¥a￿lI.tra¢￿Tr4 TRUSTee$' REMuNERAT￿N AND 8ENtrIT$ 2023 GO￿ra1 721 Trustees, exFen8e8 There v￿e M 1rutr￿ ex￿r￿ ￿￿1 fcf the year en￿ ￿ SeF4Ember Ir24 r￿r th2 year ended 10

THE MIITARYVEHICLE TRUST NOTESTO THE FINANaAL STATEMEMTS-continuJ FOR THE YEAR ENtED 30 SEPTEMBER 2024 COMPARATIVES FOR TME STATEMEKf OF FINAIK14L ACTMTIES Total rund fvnd INCOME AND ENDOWMENTS FROM [￿at[￿sand le9￿ 1S1].1￿• 19),180 Olhgrtrading Iwestswt In￿1 12.271 7417 12,271 Totsl 3)3.198 EXPENDITURE ON Ra￿￿9 lunds 126.733 126,733 52,970 Totsl 179.703 179,7C13 Net gains on INastsrwts Z135 1658 NEf INCOME 3.757 ?,S87 RECONCILIAT￿N OF FUNDS Tctsl ￿ndS bro￿ht roNMrd 1e8.e48 3,e18 TOTAL FUNOSCARRIED FORWAIIO 172.4C6 3,003 FIXED ASSET INVESTMENTS Unltsied inva%trMnts rrt4RKET VALUE Al 1 O¢toter ￿Ta R¢valuabons 212,256 31,563 At ￿ SeFlerrOer 2024 243.821 BOOK VALUE At ￿ Seoerrber 2024 243,821 At ￿ &Oerrbu 212,258 Therev￿re rKin¥eknntassetsc¥JtslethB UK

THE h•lLITARY ￿11cLETR￿ST NOTES TO THE FINANaAL STATEMENTS- contiTrued FOR THE YEAR ENLED30 SEPTEMBER 2tr24 FIXED ASSET INVESTMENTS. contlnued Cc6torvaluation September 2024 L4 reprttenbj by. Unlisted Mvestments valUat￿n In 2018 ValuatK)n in 2019 valUat￿n In 2020 ValuatwJn In 2021 Valuat￿n in 2022 ValuatK)n In 20L Valualnn in 2￿24 CLEt 16.3261 2.321 (2,4521 29.120 I?6,1￿1) 5.793 31.$63 210,C(O 243,821 DEBTORS.. AMOUNTS FALLING DUEWITHIN ONE YEAR 3J24 3J23 Tradè dtLa Prepayftrts 144 840 S.144 ¢REDTrORS.. AMOUNTS FALLINQ C4)ewtTHIN ONE YEAR 24 2)23 Trade credlrxs VAT Other CFedrtorn 1.974 6,872 10.363 18,e3 MOVEMENT IN FUNDS At 30.9 24 1.10.23 Infunds UnTgs¢rtctgd funds GeneralfuNJ 394,822 Restdctéd funds John All￿ uest I72,￿6 192,￿8 TOTAL FUNDS S4.787 587,790 N8t rrtyeDnt infu￿4 inclJdBd Intra￿e¥re asfokns. IrKJ)rring Reg)UTUS Gains a In funds Unrerfctod funds GereraltyrKI (204,W351 12.382 34.Z24 Resi￿¢￿￿ fut)d$ Jottn Allen Wuest 19.182 TOTAL FUNOS 228,1 1204,9351 31.564 54.787 12

THE MILITARYVEHICLE TRUST NOTESTO THE FINANCIAL sTATEM￿TS-COntsnU8d FOR THEYEAR ENtEO 30 SEPTEMBER 2024 MOVEMENT IN FUMDS-¢ont¥iued Cornparatyves for mobpmerrt in fvnd5 Net 1.10.22 In funds 9.23 Unrestnctod fund6 Ge￿ra1 fvnd Resthcted funds hn Allen Wuest 1￿.818 3.757 172,4J5 TOTAL FUNDS .616 533,m3 com￿ra￿e netnxwenwrt ) bJn¢X wKJtsJ 8tY4eareasfc4 IncotTrwvJ R￿￿u(CO5 Gains 8 In funds Unr•sirl¢t•d fund GeMr81 fvnd )J3.19B 1179.7031 2,13S Rastheted funds hn Allthi effjuest 3,757 TOTAL FUNDS 203.J7 1179.7031 5.793 29,387 A curr•nt y•¥i 12 rrtylhs 12 rr￿tr$¢I¥lkn￿ is Nt 110.22 in fvjnds 30.9 24 Unr•strtct•d funds General fund 394,822 Rostrfctqd hn Allen 8e4uest 16S,648 24,3)) 192,988 TOTAL FUNDS 84.174 587,79) A cuirert year 12 rTrJnths and ye4r 12 rrKth ccrtired net rrDverrent in funds. In￿L￿￿￿ ￿ th2 Hbwe are Gains ar Mrt4emEnt ill funds Unrthcfod funds Genèral fund 4J.975 (364.6381 14.517 Re5trieted funds hn Allen Pequest 24.320 TOTAL FUNDS 31.455 1384.6381 37.357 84.174 13

THE MIITARYVEHICLE TRUST NOTESTO THE FINANaAL STATEM￿TS-com1nUed FOR THEYE4R ENtEO 30 SEPTEMBER 2024 10. RELATED PARTY tISCLOSURES There ￿ere no le￿ tsarts&tthsbrthe ￿rer￿1 ￿24. 14

THE MILITARY VEHICLETRUST DEfAILED STATVAENT OF FINAPKIALACTMTIES FOR THE YEAR ENLED 30 SEPTEMBER 2024 2024 2QZS INCOME AND ENL)WMENTS Donations and le0ac￿5 t)Qnal￿n$ and cAher In￿r￿¢ Gift aid SubxnKIKins 2.072 35,7 1S2,QB9 33.107 1￿.& 1￿.180 Othertradlng A&¢ertisirvJ Other 10,510 11.gKI 321 20,470 11271 Inve5trnent Income Inteiest rec￿•￿e- Total Incomlng ￿OurCeS 8.158 203.￿7 ExPEN￿TuRE Ral8lng donatlonsand l•gxl• Gèneial secretary Ar•8 supput Mernbership Public•t￿n* Publicty Wèb 721 23,515 23,2C6 73,1 ?,eos 3,586 rJ,134 76,2S) 3.166 7.244 146,528 1%,733 Support eosts Managem•rt 8ank chaiges In8ura 3,187 50.018 4S,348 49.434 Governance costs untancy and legBI f 5202 3,536 Total r•50urce5 204,￿5 179.703 148t Income beforp galnsand Ios8es 23.594 Flea118ed recoonl8•J galn8 and k)S8•B Real￿ gainTJI105sttI on tsed asset Inveaments 31,564 5,793 Net Incoma $4.787 29.387 15