| Trustees | Mr RTSadler | |||
|---|---|---|---|---|
| Mr K Dixon | ||||
| Mr M T Painter | ||||
| Mr G LTalbot | ||||
| Mr I P Welford |
||||
| Mr BW James | ||||
| Mr A R Evans | ||||
| Secretary | Mr RTSadler | |||
| Charity number | 508326 | |||
| Company | number | 01357553 | ||
| Registered | office | Coventry Airport | ||
| Rowley Road | ||||
| Coventry | ||||
| United Kingdom |
||||
| CV8 3AZ | ||||
| Independent | examiner | Azets Audit Services | ||
| 6th Floor, Bank | House | |||
| 8 Cherry Street | ||||
| Birmingham | ||||
| Birmingham | ||||
| United Kingdom |
||||
| B25AL | ||||
| Bankers | HSBC | |||
| P.O. Box24 | ||||
| City Branch | ||||
| Coventry | ||||
| United Kingdom |
||||
| CV1 1QJ | ||||
| Solicitors | Mander Hadley |
Limited | ||
| Solicitors | ||||
| 1 The Quadrant | ||||
| Coventry | ||||
| West Midlands | ||||
| United Kingdom |
||||
| CV1 2DW | ||||
| Curatorial | Advisor | C van Schaardenburgh | ||
| Head of Collections | ||||
| The Tank Museum | ||||
| Bovington | ||||
| Dorset | ||||
| BH20 6JG | ||||
| United Kingdom |
| Page | |||
|---|---|---|---|
| Trustees' report |
1-5 | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 9-16 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2020 | 2019 | |||
| Notes | f | |||
| Income from: | ||||
| Donations and legacies |
||||
| 17,706 | 4,845 | |||
| Charitable activities |
41,444 | 104,659 | ||
| Other trading activities |
33,982 | 75,093 | ||
| Investments | 1,299 | 1,850 | ||
| Total income | 94,431 | 186,447 | ||
| Ex enditure on: |
||||
| Raising funds | 110 | 1,207 | ||
| Charitable activities |
141,339 | 164,995 | ||
| Total resources expended | 141,449 | 166,202 | ||
| Net (expenditure)/income | for the year/ | |||
| Net movement in funds |
(47,018) | 20,245 | ||
| Fund balances at 1 January | 2020 | 733,522 | 713,277 | |
| Fund balances at 31 December 2020 | 686,504 | 733,522 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | F | ||||||
| Fixed assets | |||||||
| Tangible assets | 12 | 203,199 | 198,798 | ||||
| Current assets | |||||||
| Stocks | 13 | 20,860 | 24,828 | ||||
| Debtors | 14 | 7,382 | 14,888 | ||||
| Cash at bank and | in | hand | 459,233 | 498,786 | |||
| 487,475 | 538,502 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | 15 | (4,170) | (3,778) | ||||
| Net current assets | 483,305 | 534,724 | |||||
| Total assets less | current liabilities | 686,504 | 733,522 | ||||
| Income funds | |||||||
| Unrestr ted funds |
|||||||
| Designated funds |
16 | 563,199 | 558,798 | ||||
| General unrestricted |
funds | 123,305 | 174,724 | ||||
| 686,504 | 733,522 | ||||||
| 686,504 | 733,522 |
| Unrestricted | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | ||||||||
| 2020 | 2019 | |||||||
| Donations | and | gifts | 724 | 4,845 | ||||
| Business | Rates | Relief | and | Job | Support | Grants | 16,982 | |
| 17,706 | 4,845 |
| Admission | Hire of | Subscriptions | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| fees | facilities | 2020 | 2019 | |||||
| 2020 | 2020 | 2020 | ||||||
| Sales | within | charitable | activities | 40,713 | 170 | 561 | 41,444 | 104,659 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | |||||
| 2020 | 2019 | ||||
| Shop | and | cafe | sales | 33,982 | 75,093 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | |||
| 2020 | 2019 | ||
| Interest | receivable | 1,299 | 1,850 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Fundraisin | and | ublicit | |||
| Advertising | 110 | 1,207 | |||
| 110 | 1,207 | ||||
| 8 | Charitable | activities |
| 2020 | 2019f | |||
|---|---|---|---|---|
| Staff costs | 66,568 | 68,241 | ||
| Depreciation | and impairment | 14,200 | 13,471 | |
| Cost ofsales | 23,002 | 40,550 | ||
| 103,770 | 122,262 | |||
| Share ofsupport costs (see note 9) | 34,310 | 39,058 | ||
| Share ofgovernance | costs (see note 9) | 3,259 | 3,675 | |
| 141,339 | 164,995 |
| Support | costs | ||||
|---|---|---|---|---|---|
| Support | Governance | 2020 | 2019 | ||
| costs | costs | ||||
| f | f | ||||
| Rent and | rates | 5,161 | 5,161 | 9,976 | |
| Insurance | 6,960 | 6,960 | 6,598 | ||
| Light and | heat | 6,413 | 6,413 | 6,654 | |
| Site expenses | 5,378 | 5,378 | 7,861 | ||
| Office expenses | 699 | 699 | 717 | ||
| Telephone | 1,217 | 1,217 | 1,160 | ||
| Transport | and travelling | ||||
| expenses | 436 | 436 | 903 | ||
| Restoration | 616 | 616 | 1,236 | ||
| Sundry expenses | 4,989 | 4,989 | 771 | ||
| Bank charges | 2,441 | 2,441 | 3,182 | ||
| Legal and | professional | 3,259 | 3,259 | 3,675 Governance | |
| 34,310 | 3,259 | 37,569 | 42,733 | ||
| Analysed | between | ||||
| Charitable | activities | 34,310 | 3,259 | 37,569 | 42,733 |
| 2020 | 2019 | ||
|---|---|---|---|
| Number | Number | ||
| Employment | costs | 2020 | 2019 |
| Wages and salaries | 64,663 | 66,462 | |
| Other pension costs | 1,905 | 1,779 | |
| 66,568 | 68,241 |
| 12 | Tangible fixed assets | Tangible fixed assets | Tangible fixed assets | ||||
|---|---|---|---|---|---|---|---|
| Leasehold | Fixtures and | Site assets | Total | ||||
| land and | fittings | ||||||
| buildings | |||||||
| Cost | |||||||
| At 1 January | 2020 | 252,611 | 105,655 | 13,377 | 371,643 | ||
| Additions | 18,601 | 18,601 | |||||
| At 31 December 2020 | 252,611 | 124,256 | 13,377 | 390,244 | |||
| Depreciation | and impairment | ||||||
| At 1 January | 2020 | 82,897 | 76,574 | 13,374 | 172,845 | ||
| Depreciation | charged | in the year | 7,040 | 7,160 | 14,200 | ||
| At 31 December 2020 | 89,937 | 83,734 | 13,374 | 187,045 | |||
| Carrying amount |
|||||||
| At 31 December 2020 | 162,674 | 40,522 | 203,199 | ||||
| At 31 December 2019 | 169,714 | 29,081 | 198,798 | ||||
| 13 | Stocks | ||||||
| 2020 | 2019 | ||||||
| F | |||||||
| Raw materials | and consumables | 20,860 | 24,828 | ||||
| 14 | Debtors | ||||||
| 2020 | 2019 | ||||||
| Amounts falling due |
within one year: | ||||||
| Other debtors | 6,832 | 8,734 | |||||
| Prepayments | and accrued income | 550 | 6,154 | ||||
| 7,382 | 14,888 | ||||||
| 15 | Creditors: amounts | falling due within one year | |||||
| 2020 | 2019 | ||||||
| Other taxation | and social security | 1,349 | |||||
| Other creditors | 227 | 1,008 | |||||
| Accruals and | deferred | income | 2,594 | 2,770 | |||
| 4,170 | 3,778 |