THE ROYAL AERONAUTICAL SOCIETY AWARDS TRUST
The Awards Trust was created from a number of separate funds held for the purpose of Medals, Merit Awards, Educational Awards and Lecture fees.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £458,203 for the year, with total income increasing by 1.9% to £6,305,730. Per the trustees' report, free reserves stood at £2,984,915, which is 121.7% of the reserve target equivalent to £2,451,384, indicating the charity met its reserves policy. The mortgage on the headquarters was fully repaid in 2024, and the charity maintains a strong investment portfolio.
What the accounts disclose
“In 2025, The Society charged its subsidiary company Aeronautical Trading Limited £314,024 (2024: £359,709) in respect of administrative expenses which represents an allocation of overheads from the Society.” — page 36
“As at 31 December 2025, the Aeronautical Trading Limited owed the charity £524,087 (2024: £88,630).” — page 36
“In 2025, The Society charged its subsidiary company Aeronautical Trading Limited £314,024 (2024: £359,709) in respect of administrative expenses which represents an allocation of overheads from the Society.” — page 36
“As at 31 December 2025, the Aeronautical Trading Limited owed the charity £524,087 (2024: £88,630).” — page 36
“the actuarial valuation shows a deficit of £982k (2019: £1,294k).”
“Aeronautical Trading Limited (registered number 03243525) is the only trading company and its results, assets and liabilities are included in the consolidated accounts.” — page 47
Trustees
- AERONAUTICAL TRUSTS LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £76k | £25k |
| 31/12/2024 | £76k | £37k |
| 31/12/2023 | £60k | £19k |
| 31/12/2022 | £60k | £29k |
| 31/12/2021 | £58k | £39k |
Common questions
Is THE ROYAL AERONAUTICAL SOCIETY AWARDS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £458,203 for the year, with total income increasing by 1.9% to £6,305,730. Per the trustees' report, free reserves stood at £2,984,915, which is 121.7% of the reserve target equivalent to £2,451,384, indicating the charity met its reserves policy. The mortgage on the headquarters was fully repaid in 2024, and the charity maintains a strong investment portfolio. Its FY2025 accounts were audited by Crowe U.K. LLP.