THE EDWARD GOSTLING FOUNDATION

Registered charity 1068617 · accounts filings on the Charity Commission register · also known as AIRWAYS CHARITABLE TRUST LIMITED, THE ACT FOUNDATION

Latest income
£2.7m
Latest spending
£19.7m
Registered
1998
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is executing a 'spend out' strategy with a target of distributing £100M by 2031/32, having already committed £55.7M. Per the trustees' report, unrestricted reserves stood at £60.55M, which the Trustees consider appropriate to meet the remaining spend target and liquidation costs.

What the accounts disclose

Highest-paid employee band: £160,001 - £170,000 — above the 90th percentile for charities its size (median £76k)
The highest paid director during the year received emoluments of £161,118 (2024: £276,159). — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
The Trustees consider that, in conjunction with their liquidity and their investment and distribution policies, the current level of reserves is appropriate to enable them to meet their charitable spend target of£1OOM over the ten years from April 2021 to 2031. — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: S O'Sullivan, a Trustee, provided legal services to ACG Participacoes Ltda, a 100% owned subsidiary.
S O'Sullivan, a Trustee of The Edward Gostling Foundation, provided legal services to ACG Participacoes Ltda, a 100% owned subsidiary of The Edward Gostling Foundation, in the year to 31 March 2025 which totalled £18,420 (2024: £13,923). There was a balance of Enil (2024: £nil) outstanding as at 31 March 2025. — page 46
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe UK LLP.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.7m
Total spending
£19.7m
Cost of raising funds
£724k
Reserves (reported)
£60.6m
Employees
8

Reported reserves equal ~36.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.7m£19.7m
31/03/2024£3.4m£15.3m
31/03/2023£3.8m£15.0m
31/03/2022£3.8m£9.8m
31/03/2021£4.1m£6.9m

Common questions

Is THE EDWARD GOSTLING FOUNDATION financially healthy?

The accounts state that the charity is executing a 'spend out' strategy with a target of distributing £100M by 2031/32, having already committed £55.7M. Per the trustees' report, unrestricted reserves stood at £60.55M, which the Trustees consider appropriate to meet the remaining spend target and liquidation costs. Its FY2025 accounts were audited by Crowe UK LLP.

What does the highest-paid employee of THE EDWARD GOSTLING FOUNDATION earn?

Per its FY2025 accounts, the highest-paid employee was in the £160,001 - £170,000 band.

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.

FunderSimilar charities fundedAmount to them
The Edge Ministries1£5k
COLCHESTER ZOOLOGICAL SOCIETY1£1k

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