SAVING AMY CIC

Company limited by guarantee

Company Registration Number:
12559494 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

SAVING AMY CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SAVING AMY CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The principal activity of the company is restoration of historical aircraft.

Additional information

Small companies provision statement This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.



Directors

The director shown below has held office during the whole of the period from
1 May 2023 to 30 April 2024

Antony Eric Watkiss


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 January 2025

And signed on behalf of the board by:
Name: Antony Eric Watkiss
Status: Director

SAVING AMY CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 229 104
Total current assets: 229 104
Creditors: amounts falling due within one year: 3 ( 1,200 ) ( 900 )
Net current assets (liabilities): (971) (796)
Total assets less current liabilities: (971) ( 796)
Total net assets (liabilities): (971) (796)
Members' funds
Profit and loss account: (971) ( 796)
Total members' funds: ( 971) (796)

The notes form part of these financial statements

SAVING AMY CIC

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 17 January 2025
and signed on behalf of the board by:

Name: Antony Eric Watkiss
Status: Director

The notes form part of these financial statements

SAVING AMY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. Going concern The financial statements have been prepared on a going concern basis. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

SAVING AMY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

SAVING AMY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 1,200 900
Total 1,200 900

COMMUNITY INTEREST ANNUAL REPORT

SAVING AMY CIC

Company Number: 12559494 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

It is our mission to restore a very rare (only 6 in the world) Airspeed Oxford training aircraft (Project for static exhibition use only) is of a type that was flown by WW2 RAF and common-wealth Aircrew during training missions and by the famous female aviator Amy Johnson. Amy Johnson who flew from our location at Blackpool Airport on the fateful day she lost her life piloting an airspeed oxford in a flying accident over Herne Bay. The mission is to develop a permanent memorial to the commonwealth aircrews who lost their lives during ww2 whilst also developing a new visitors attraction to the Fylde coast remembering the legacy that the female aviation pioneer Amy Johnson ( who has strong links with the local area) for future generations of women to follow. The aircraft project will be completed by volunteers from the local community who will learn new skills with assistance from local small businesses and agencies. Along with the local community a number of ex-service voluntary agencies and charities will be utilised. The aircrafts structure is made of wood and needs replacing and can be produced by people with limited woodworking experience as the aircraft was designed for ease of construction. All of the aircrafts components are in good order and very few components are missing. We have a full drawing suite of the aircrafts structure which is currently under evaluation by a local joinery company. The completed aircraft project will be displayed at Blackpool Airport in Hangar 42 which is the home of the Lytham St Anne’s Spitfire Ground Display team and we have storage /workshops available to carry this project out. We believe that this project will take a minimum of 5 years to complete and will help breathe new life into Blackpool Airport and its local community.

Consultation with stakeholders

Saving Amy CIC currently has only one Director and Person with Significant Control (PSC) namely Mr Colin James Brown. Whilst we are accommodated within Hangar 42 we have no financial ties to this facility and our accommodation is provided free of charge on a charitable basis to assist us with our cause.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 August 2024

And signed on behalf of the board by:
Name: Eric Watkiss
Status: Director