REGISTERED NUMBER: 03987530 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

The Hooton Park Trust

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G F Sparkes

R Frost

N A Hutchinson

Ms S Mellor

Mrs K N Shields

REGISTERED OFFICE:

The Hangars

Airfield Way

Hooton Park

Ellesmere Port

Cheshire

CH65 1BQ

REGISTERED NUMBER:

03987530 (England and Wales)

ACCOUNTANTS:

Johnstone Howell & Co

Unit 2

The Oaks

Stanney Mill Lane

Chester

Cheshire

CH2 4HY

FIXED ASSETS

Tangible assets

4

76,456

78,744

CURRENT ASSETS

Debtors

5

6,945

8,086

Cash at bank and in hand

8,890

37,259

15,835

45,345

CREDITORS

Amounts falling due within one year

6

18,283

20,267

NET CURRENT (LIABILITIES)/ASSETS

(2,448

)

25,078

TOTAL ASSETS LESS CURRENT LIABILITIES

74,008

103,822

RESERVES

Income and expenditure account

74,008

103,822

74,008

103,822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2026 and were signed on its behalf by:

Mrs K N Shields - Director

1.	STATUTORY INFORMATION

The Hooton Park Trust is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

at varying rates on cost

All tangible fixed assets are initially recorded at cost.

Heritage assets:

The company's collection of badges and aviation ephemera, together with a classic car, are reported in the balance sheet at their cost of acquisition.

Acquisitions are made by purchase or donation. The company may occasionally dispose of objects from the collection in order to fund new acquisitions where the directors determine this does not detract from the integrity of the collection.

It is the company's policy to maintain its collection of heritage assets in full working order, where appropriate, and maintenance costs are charged to the profit and loss account when incurred. The assets are deemed to have indeterminate lives and the directors do not, therefore, consider it appropriate to charge depreciation.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Collection

of badges

and

Freehold

aviation

Plant and

property

ephemera

machinery

£

£

£

COST

At 1 January 2025

and 31 December 2025

1

70,019

25,335

DEPRECIATION

At 1 January 2025

-

-

18,874

Charge for year

-

-

1,898

At 31 December 2025

-

-

20,772

NET BOOK VALUE

At 31 December 2025

1

70,019

4,563

At 31 December 2024

1

70,019

6,461

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

1,500

1,172

98,027

DEPRECIATION

At 1 January 2025

-

409

19,283

Charge for year

-

390

2,288

At 31 December 2025

-

799

21,571

NET BOOK VALUE

At 31 December 2025

1,500

373

76,456

At 31 December 2024

1,500

763

78,744

The property was purchased from Vauxhall Motors Limited who retain the option to buy back the whole or parts of the property at the purchase price if conditions detailed in the option agreement dated 27 September 2000 are not met. The company has, and will continue to operate the site within the terms of the option agreement and therefore expects to retain the freehold rights to the hangars and the other property.

During earlier accounting periods the company made the following additions to the collection of artifacts:

A collection of badges and aviation ephemera at a cost of £1,180 (year ended 31 December 2013);

Further badges at a cost of £200, model aeroplanes costing £460 and a glider at a cost of £600 (2014);

A Meteor and an instrument panel for the Meteor was capitalised along with the costs of bringing them to their current location. The total amount paid was £6,350. Plus further badges and other items of interest at a cost of £759 (2017);

A full-scale replica of the First World War British Sopwith Baby scout/bomber aircraft at a cost of £300 (2018);

A Tiger Moth aircraft at a cost of £10,000, a cockpit costing £4,750 and a Double Mamba propeller at a cost of £500 (2022);

A replica Spitfire PV144 at a cost of £18,500 together with a seat from a Spitfire at £500, Tiger Moth aircraft at £3,390, RAC logbook at £2,750, Tram car controllers at £2,500, Chipmunk T10 cockpit at £1,957, a cowl for the Sopwith aircraft at £1,600, Mercury aircraft tug at £1,425, tram parts costing £668, Camel trailer at £430 and MAC 610 drawings at a cost of £300 (2023) and

A Hawker Hurricane aircraft costing £8,450, a Miles Gemini aircraft costing £1,050 and a tram controller costing £1,400.

In an earlier accounting period the company acquired a Vauxhall Viva at a cost of £1,500. The motor car being an HA Viva, being the first model type produced at Ellesmere Port.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,788

7,771

VAT

45

-

Prepayments

112

315

6,945

8,086

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

-

375

Trade creditors

3,386

722

Tax

8,529

10,335

VAT

-

6,064

Accruals and deferred income

6,368

2,771

18,283

20,267

7.	COMPANY LIMITED BY GUARANTEE

The company is a company limited by guarantee, without share capital.