Carew Cheriton Control Tower Group - Charities report

REGISTERED COMPANY NUMBER: 06525181 (England and Wales)

REGISTERED CHARITY NUMBER: 1138919

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

CAREW CHERITON CONTROL TOWER GROUP

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

13

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

To educate the public in the history of the two world wars. The restoration, preservation and interpretation of structures and artefacts in Carew Cheriton and Pembrokeshire for the public benefit. To be a focal point for the history of Pembrokeshire in the two world wars and a memorial to those who served there.

To give talks and guided visits to schools and groups.

To be open to the public for guided visits.

To restore and maintain our artefacts and buildings.

To research and record relevant history.

All working hours are voluntary and include visits, ground and building maintenance.

Public benefit

The trustees are aware of the need for the group activities to benefit the public. The group aims to increase its membership and activities.

Volunteers

The Charity's volunteers have received visitors, restored and preserved artifacts and carried out improvements and maintenance to the site.

The average age of the volunteers is increasing but some new members have been recruited.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Schools, groups and members of the public have increased their knowledge of WW1 and WW2 social and military history. People are more aware of the importance of the airfield activities and the input and sacrifices made by local and military people.

The group continues to receive artefacts and memories from the descendants of those who served at the airfield.

Visitor numbers have increased.

School visits are still recovering from Covid, but have increased. Transport costs have restricted some school visits.

Public visits during the summer months have again been rewarding and could be extended with more volunteers.

Visitors have enjoyed their visits and been complementary about the experience.

A summer open airshow day event was not held, but a show in conjunction with the local classic car club proved successful.

A flight simulator is being developed and it is hoped that this will widen the attraction and raise funds.This project is nearly completed.

FINANCIAL REVIEW

Reserves policy

The Charity aims to hold a minimum of £5,000 in its bank account. Reserves are held to pay for essential outgoings should income be reduced by lower visitor numbers, unforeseen circumstances and other problems. It would cover essential costs for at least 1 year.

Sources of funding are:

- Grants

- Donations

- Admission fees

- Events

- Museum shop sales

- Membership fees

Money from the above is used to improve and maintain the facilities and pay for services. This is a community project open to all. It has become an important part of local activities.

A Subsidiary trading company "Wings Over West Wales Limited" has been formed to carry out the basic business activities.

The Charity recorded a surplus of £2,064 for the year. The Trustees are satisfied that sufficient reserves are in place for the charity to continue in operation for at least the next twelve months.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Trustees are appointed from within the group membership, are known by existing trustee and have abilities beneficial to the group.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06525181 (England and Wales)

Registered Charity number

1138919

Registered office

Briarville

Whitehill

Cresselly

Pembrokeshire

SA68 0TT

Trustees

D J Brock

H W Brock

M R Hyde

A F Fieldhouse

J Harris

G Williams

Company Secretary

M R Hyde

Independent Examiner

Bevan Buckland Ltd

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

COMMENCEMENT AS A CHARITY

The company became a registered charity on the 10th November 2010.

Approved by order of the board of trustees on 2 March 2026 and signed on its behalf by:

M R Hyde - Secretary

Independent examiner's report to the trustees of Carew Cheriton Control Tower Group ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Caroline Wheeler

Bevan Buckland Ltd

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

Date: .............................................

2025

2024

Unrestricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

15,205

9,580

Other trading activities

3

401

899

Total

15,606

10,479

EXPENDITURE ON

Other

13,542

10,041

NET INCOME

2,064

438

RECONCILIATION OF FUNDS

Total funds brought forward

28,637

28,199

TOTAL FUNDS CARRIED FORWARD

30,701

28,637

2025

2024

Unrestricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

7

212,802

208,462

Heritage assets

8

4,250

4,300

Investments

9

1

217,053

212,763

CURRENT ASSETS

Debtors

10

9,386

511

Cash at bank

9,183

18,301

18,569

18,812

CREDITORS

Amounts falling due within one year

11

(10,441

)

(10,401

)

NET CURRENT ASSETS

8,128

8,411

TOTAL ASSETS LESS CURRENT
LIABILITIES

225,181

221,174

CREDITORS

Amounts falling due after more than one year

12

(194,480

)

(192,537

)

NET ASSETS

30,701

28,637

FUNDS

13

Unrestricted funds

30,701

28,637

TOTAL FUNDS

30,701

28,637

The charitable 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 trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that 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 charitable 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 charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 2 March 2026 and were signed on its behalf by:

M R Hyde - Trustee

D J Brock - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

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

Freehold property

-

2% on cost and Nil on land

Improvements to property

-

2% on cost

Plant and machinery

-

25% reducing balance

Heritage assets

The charity holds an Avro Ansen airframe and engine which is included in the balance sheet as a heritage assets.

In addition to the Avro Ansen airframe and engine the charity holds a number of artifacts that are considered heritage assets. These items are not recognised in the balance sheet as cost information is not readily available and the trustees believe that the benefits of obtaining valuations for these artifacts would not justify the cost. Nearly all the items are thought to have a financial value of less than £50 and as far the trustees are aware no individual item is worth more than £500.

The intention of the trustees is to hold these items of memorabilia in good condition for display in the future however, subject to the approval of the trustees items may be disposed of. This would only happen in exceptional circumstances for example when an item can not be properly displayed or the disposal proceeds could be used to purchase a better example.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Grants

Grant income is credited to income on receipt.

2.	DONATIONS AND LEGACIES

2025

2024

£

Donations

14,785

9,190

Subscriptions

420

390

15,205

9,580

3.	OTHER TRADING ACTIVITIES

2025

2024

£

Fundraising events

401

899

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

Depreciation - owned assets

4,427

1,805

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

9,580

Other trading activities

899

Total

10,479

EXPENDITURE ON

Other

10,041

NET INCOME

438

RECONCILIATION OF FUNDS

Total funds brought forward

28,199

TOTAL FUNDS CARRIED FORWARD

28,637

7.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

machinery

Totals

£

COST

At 1 January 2025

208,078

12,809

5,632

226,519

Additions

-

8,767

At 31 December 2025

208,078

12,809

14,399

235,286

DEPRECIATION

At 1 January 2025

13,387

923

3,747

18,057

Charge for year

1,512

255

2,660

4,427

At 31 December 2025

14,899

1,178

6,407

22,484

NET BOOK VALUE

At 31 December 2025

193,179

11,631

7,992

212,802

At 31 December 2024

194,691

11,886

1,885

208,462

Freehold property of £132,500 relates to land.

8.	HERITAGE ASSETS

Total

£

MARKET VALUE

At 1 January 2025 and
31 December 2025

5,000

PROVISIONS

At 1 January 2025

700

Charge for year

50

At 31 December 2025

750

NET BOOK VALUE

At 31 December 2025

4,250

At 31 December 2024

4,300

9.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

MARKET VALUE

At 1 January 2025 and
31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

There were no investment assets outside the UK.

Wings Over West Wales Limited is registered in England and Wales, the registration number of this company is 9824632. The Charity owns 100% of the issued share capital.

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

9,197

361

VAT

189

150

9,386

511

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

10,001

Accrued expenses

440

400

10,441

10,401

12.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Deferred grants

194,480

192,537

13.	MOVEMENT IN FUNDS

Net

movement

At

At 1.1.25

in funds

31.12.25

£

Unrestricted funds

General fund

28,637

2,064

30,701

TOTAL FUNDS

28,637

2,064

30,701

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

15,606

(13,542

)

2,064

TOTAL FUNDS

15,606

(13,542

)

2,064

Comparatives for movement in funds

Net

movement

At

At 1.1.24

in funds

31.12.24

£

Unrestricted fund

28,199

438

28,637

TOTAL FUNDS

28,199

438

28,637

Comparative net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted fund

10,479

(10,041

)

438

TOTAL FUNDS

10,479

(10,041

)

438

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.1.24

in funds

31.12.25

£

Unrestricted fund

28,199

2,502

30,701

TOTAL FUNDS

28,199

2,502

30,701

Net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted fund

26,085

(23,583

)

2,502

TOTAL FUNDS

26,085

(23,583

)

2,502

14.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025.

15.	GRANTS RECEIVED

During 2008 the charity received a grant from the Welsh Assembly Government relating to the purchase of land at Carew Airfield, the grant amount was £132,500. A condition of the grant is that if the land is disposed of 50% of the profit will have to be given to Pembrokeshire Coast National Parks Authority.

During 2016 the charity received a Military Of Defence Community Covenant Grant relating to the building of a shed at Carew Airfield, the grant was for £65,520. All conditions were met and no amounts are outstanding at the year end.

During 2022 the charity received a grant of £6,821 from Pembrokeshire County Council. The grant relates to the roof repairs required on the roof of the classroom. The grant was spent in full and no amounts are outstanding.