BRISTOL AERO COLLECTION TRUST
Operation of a Museum available to the public for the acquisition, preservation, restoration and display of the products of the Bristol aviation manufacturing organisations and their related artefacts.Provision of a research facility of exhibits and related documentation available to the public.Operation of the Concorde at Filton public attraction for hosting visitors to Concorde 216.
Objects
1) TO ADVANCE PUBLIC EDUCATION IN ALL MATTERS CONCERNING AIRCRAFT AND THE AIRCRAFT AND AEROSPACE INDUSTRIES, IN PARTICULAR BY THE PROVISION OF A MUSEUM FOR THE PUBLIC DISPLAY, RESTORATION AND CONSERVATION OF AIRCRAFT, FLYING BOATS, MISSLES, ROCKETS, SATELLITES, OTHER FLYING AERIAL OR SPACE DEVICES OR MACHINES AND THE COMPONENT PARTS OF THEM AND DRAWINGS OR PICTURES AND OTHER PRODUCTS OF, OR RELATING TO THE AIRCRAFT AND AEROSPACE INDUSTRIES; AND 2) TO PROMOTE OR UNDERTAKE RESEARCH INTO THE HISTORY OF AIRCRAFT DESIGN MANUFACTURE AND OPERATION INCLUDING THE HISTORY OF THE PERSONS AND COMPANIES INVOLVED IN THESE ACTIVITIES AND TO PUBLISH AND DISSEMINATE THE USEFUL ACTIVITIES AND TO PUBLISH AND DISSEMINATE THE USEFUL RESULTS OF THAT RESEARCH.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £414,174 for the year ended 31 March 2025, resulting in negative unrestricted reserves of £2,068,121. The trustees acknowledge a material uncertainty regarding going concern due to reliance on continued funding from South Gloucestershire Council and an overdraft facility guaranteed by BAE Systems. Despite these risks, the trustees remain confident in the charity's ability to continue operating.
What the accounts disclose
“The Trustees aim to ensure the Charity maintains adequate reserves to safeguard operations, manage risk, and provide financial stability.” — page 9
Year-over-year changes
- Going concern: material uncertainty (FY2024) → no going-concern doubt (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 02689238
Company officers (Companies House)
- HENSEY, Joe on trustee list
- GIBBS, Deborah Jane on trustee list
- CORVER, Rachael Jayne on trustee list
- WILLIAMS, Jack Leonard on trustee list
- CHIVERS, Peter John on trustee list
- YEANDLE, Robert James David on trustee list
- CORDWELL, Sally Louise on trustee list
- SMITH, Sian Louise Maclean on trustee list
- PETTIT, Richard Charles on trustee list
- SANDERS, Matthew Christopher on trustee list
- CRAIG, Paul Anthony on trustee list
- GRAY, Iain Gilmour not on trustee list
- PETTIT, Richard Charles
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (01/10/2013)
Trustees
- Sir IAIN GILMOUR GRAY CBEchair
- Deborah Jane Gibbs
- Jack Leonard Williams
- Joe Hensey
- Matthew Christopher Sanders
- PAUL CRAIG
- Peter John Chivers
- Rachael Jayne Corver
- Richard Charles PETTIT
- Robert James Yeandle
- Sally Cordwell
- Sian Louise Maclean SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.5m | £2.9m |
| 31/03/2024 | £3.7m | £3.7m |
| 31/03/2023 | £3.0m | £3.2m |
| 31/03/2022 | £2.2m | £2.4m |
| 31/03/2021 | £2.3m | £2.1m |
Common questions
Is BRISTOL AERO COLLECTION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £414,174 for the year ended 31 March 2025, resulting in negative unrestricted reserves of £2,068,121. The trustees acknowledge a material uncertainty regarding going concern due to reliance on continued funding from South Gloucestershire Council and an overdraft facility guaranteed by BAE Systems. Despite these risks, the trustees remain confident in the charity's ability to continue operating. Its FY2025 accounts were audited by Randall & Payne LLP.
Who funds BRISTOL AERO COLLECTION TRUST?
Funders whose own accounts filings name BRISTOL AERO COLLECTION TRUST as a grant recipient include THE MEDLOCK CHARITABLE TRUST, THE HOBSON CHARITY LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MEDLOCK CHARITABLE TRUST | FY2022 | £100k | |
| THE HOBSON CHARITY LIMITED | FY2022 | £20k | Museum |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 22/06/2020 | £250k | "COVID 19 Bristol Aero Collection Trust" |
| The National Lottery Heritage Fund | 21/05/2013 | £4.9m | "Bristol Aerospace Centre" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 1 | £69k |
Charities like this
- GLOUCESTERSHIRE AVIATION COLLECTION
- BRISTOL MUSEUMS DEVELOPMENT TRUST
- THE FARNBOROUGH AIR SCIENCES TRUST
- VULCAN RESTORATION TRUST
- FRIENDS OF BRISTOL MUSEUMS, GALLERIES & ARCHIVES
- DE HAVILLAND AIRCRAFT MUSEUM TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRISTOL AERO COLLECTION TRUST | £2.5m | — | — | unclear | — | no doubt |
| GLOUCESTERSHIRE AVIATION COLLECTION | £130k | — | 0 | above | — | no doubt |
| BRISTOL MUSEUMS DEVELOPMENT TRUST | £276k | — | 0 | unclear | — | no doubt |
| THE FARNBOROUGH AIR SCIENCES TRUST | £126k | — | 0 | unclear | — | no doubt |
| VULCAN RESTORATION TRUST | £217k | — | 0 | unclear | — | no doubt |
| FRIENDS OF BRISTOL MUSEUMS, GALLERIES & ARCHIVES | £165k | — | 0 | unclear | — | no doubt |