That is an early 'Gentleman's Flying Machine'.
Notice how the unnecessary tradesman's tools and instruments have been discarded in favour of luxury items.
The compass has been replaced by a biscuit tin to store your cucumber sandwiches in, and there is an original CD player just to the left of it.
The radio would be to talk to your stock broker while you aviated above your estate checking that the staff were correctly arranging the pebbles in the gravel driveway and polishing the leaves on the rhododendrons.
Ahh, the good old days to be a pilot. It has all gone downhill since then!