BRISTOL AERO COLLECTION TRUST

• ⚠

  Material uncertainty over going concern

  The Trustees consider it appropriate to continue to adopt the going concern basis in preparing these financial statements, but recognised the financial position of the Trust is that of negative unrestricted reserves and reliance upon continued funding in place with South Gloucestershire Council and Lloyds Bank.

1. BRISTOL AERO COLLECTION TRUST 2013-06-24 → present
2. BRISTOL AERO COLLECTION TRUST LIMITED 2012-09-25 → 2013-06-24
3. BRISTOL AERO COLLECTION 1992-02-19 → 2012-09-25

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Randall & Payne LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Trustees consider it appropriate to continue to adopt the going concern basis in preparing these financial statements, but recognised the financial position of the Trust is that of negative unrestricted reserves and reliance upon continued funding in place with South Gloucestershire Council and Lloyds Bank.”

Group structure

1. BRISTOL AERO COLLECTION TRUST · parent
   1. BAC Trading Limited 100% · England and Wales · To carry out retail, events and catering activities within facilities provided by Bristol Aero Collection Trust.

Significant events

• “The financial year saw continued progress in developing Aerospace Bristol's offer, deepening community connections. Total visitors for the year were close to 100,000 with standout peaks during key events such as the Car Show, Lego day, and Robot Explorers activities. Major exhibitions like 'Look Up!' and 'Fashion of Flight' proved a draw.”
• “The Learning team built on record school visit figures with strong performance, supported by renewed bursary. Launched initiatives for home education, youth clubs, secondary schools. Inaugural GCSE Boost event brought nearly 1,500 local students into contact with employers.”
• “Community engagement remained central, hosting Charlton Hayes Festival, international café evenings, supporting Christmas Hampers. Volunteers gave thousands of hours across visitor engagement, learning, conservation, archive, and events. Over 45 new volunteers recruited.”
• “Commercial growth supported by a year of change for catering. Fosters consolidated first full year as catering partner, introducing new menus, improving service. Major refurbishment of the café into Flightline Kitchen + Bar due to open Easter 2025.”
• “Significant groundwork laid for future: finalised 10-year strategy, planned major capital projects (Hangar 16R refurbishment, control tower preservation). Funding successes: Airbus donations, Rolls-Royce support, Transformation Fund from legacies.”
• “Received highest-ever Visit England score of 94%, prestigious Food & Drink award, Silver Award at Bristol, Bath & Somerset Tourism Awards, TripAdvisor Traveller's Choice accolade. Facilities and Operations team shortlisted for Team of the Year at Museums & Heritage Awards.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -36.8%

  £3,314,719 → £2,094,533

• Cash

  -52.7%

  £193,257 → £91,401

• Net assets

  -2.9%

  £14,429,336 → £14,015,162

• Employees

  0%

  35 → 35

• Wages

  +37.1%

  £689,127 → £945,130

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers