HOVERAID TRUST

Registered charity 1005977 · accounts filings on the Charity Commission register

HoverAid provides medical care, community health programmes, and emergency relief to isolated communities. We develop and use hovercraft and other means to bring aid and lasting benefits to those in need

Causes: The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Other Charitable Purposes · website · Get email alerts

Latest income

£686k

Latest spending

£354k

Registered

1991

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted and designated reserves stood at £356,641 against a stated policy target of £28,500, indicating reserves are well above the policy threshold. The charity reported a net income inflow of £332,054 for the year, with total income of £686,471 significantly exceeding total expenditure of £354,417.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £357k)

“The Trust's policy is to aim to hold free reserves to the value of the committed expenditure during the subsequent three months. This figure was deemed retrospectively to be £28,500” — page 7

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Temporary funds provided by Adriaan and MHM.

“Also excludes temporary funds provided by Adriaan (£3,276) and MHM (£4,090) which were given and paid back during the year.” — page 4

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

The Deichmann Foundation — “The Deichmann Foundation, the charitable arm of the Deichmann Group, supports projects in education, healthcare, and poverty relief. They ge…” (source page)
Aidan Charitable Trust — “Aidan Charitable Trust is a UK-based charity focused on supporting projects that improve health, education, and quality of life in developin…” (source page)

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income

£686k

Total spending

£354k

Cost of raising funds

£30k

Reserves (reported)

£354k

Employees

Reported reserves equal ~12.0 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.4% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Received assets from another charity (13/04/2022) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Nigel Gwyn Davies-Scourfieldchair
Anna Ruth Nye · trustee of 1 other charity
Dr Apphia Bunting
Dr Neil David Greenham
Hugh Pomeroy · trustee of 1 other charity
Professor Mark Lillicrap
Rebecca Jones
Rob Hawkins

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cambridgeshire · East Sussex · Madagascar

Income and spending

Financial year end	Income	Spending
31/12/2024	£686k	£354k
31/12/2023	£359k	£336k
31/12/2022	£340k	£353k
31/12/2021	£267k	£285k
31/12/2020	£309k	£281k

Common questions

Is HOVERAID TRUST financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted and designated reserves stood at £356,641 against a stated policy target of £28,500, indicating reserves are well above the policy threshold. The charity reported a net income inflow of £332,054 for the year, with total income of £686,471 significantly exceeding total expenditure of £354,417. Its FY2024 accounts were independently examined.

Who funds HOVERAID TRUST?

Funders whose own accounts filings name HOVERAID TRUST as a grant recipient include THE JAMES TUDOR FOUNDATION, THE ASHWORTH CHARITABLE TRUST, THE FORRESTER FAMILY TRUST, THE CARMELA & RONNIE PIGNATELLI FOUNDATION, THE BISHOP RADFORD TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
THE JAMES TUDOR FOUNDATION	FY2025	£15k	A contribution to the cost of the medical safaris, providing medical aid to remote areas of Madagascar.
THE ASHWORTH CHARITABLE TRUST	FY2022	£3k	International
THE FORRESTER FAMILY TRUST	FY2023	£3k	Smaller Grants
THE CARMELA & RONNIE PIGNATELLI FOUNDATION	FY2023	£3k
THE CARMELA & RONNIE PIGNATELLI FOUNDATION	FY2022	£3k
THE BISHOP RADFORD TRUST	FY2025	£2k	Foundation Grants
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT HELEN, ASHBY-DE-LA-ZOUCH	FY2025	£500	Charitable Donation

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE HOBSON CHARITY LIMITED	3	£21k
THE ORR MACKINTOSH FOUNDATION LIMITED	2	£20k
THE ASTOR FOUNDATION	2	£12k
THE ANNIE TRANMER CHARITABLE TRUST	2	£11k
MILLS AND REEVE CHARITABLE TRUST	2	£4k
The Squire Patton Boggs Charitable Trust	2	£1k
THE THOMPSON FAMILY CHARITABLE TRUST	1	£475k
MYRISTICA TRUST	1	£100k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ESSEX & HERTS AIR AMBULANCE TRUST.

ESSEX & HERTS AIR AMBULANCE TRUST income £16.9m
ASSOCIATION OF AIR AMBULANCES (CHARITY) LTD income £2.0m
NORTH WEST AIR AMBULANCE income £15.6m
LONDON'S AIR AMBULANCE LIMITED income £26.0m
HOSPICE AID UK income £115k
COUNTY AIR AMBULANCE TRUST income £10.5m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
HOVERAID TRUST	£686k	—	0	unclear	—	no doubt
ESSEX & HERTS AIR AMBULANCE TRUST FY2025	£16.9m	£130,001 - £140,000	10	unclear	—	no doubt
ASSOCIATION OF AIR AMBULANCES (CHARITY) LTD FY2025	£2.0m	—	—	unclear	—	no doubt
NORTH WEST AIR AMBULANCE FY2025	£15.6m	£160,001 - £170,000	—	below	—	no doubt
LONDON'S AIR AMBULANCE LIMITED FY2025	£26.0m	£200,000 - £210,000	—	above	—	no doubt
HOSPICE AID UK FY2025	£115k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.