THE EDWARD GOSTLING FOUNDATION

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

The objectives of the charity are to assist those in poverty or who are aged and in need or who have a physical or mental disability.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

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 in the process of spending out its £100M target over a 10-year period, with cumulative charitable spend reaching £55.7M by the end of the financial year. The trustees consider the current level of unrestricted reserves to be appropriate to meet the remaining charitable spend target and the estimated costs of liquidation in 2031/32. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £161,118 — above the 90th percentile for charities its size (median £70k)
“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 (held: £60.6m; policy: appropriate to meet their charitable spend target of £100M over the ten years from April 2021 to 2031)
“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 of The Edward Gostling Foundation, in the year to 31 March 2025 which totalled £18,420 (2024: £13,923).
“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. Discloses 6 of 6 completeness components.

Year-over-year changes

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

Property (HM Land Registry)

9 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £2.0m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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).

Per its annual return, largest income source: Investments (100% 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: 26.4% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Trustees · trustee networks

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?

Per its FY2025 accounts: The accounts state that the charity is in the process of spending out its £100M target over a 10-year period, with cumulative charitable spend reaching £55.7M by the end of the financial year. The trustees consider the current level of unrestricted reserves to be appropriate to meet the remaining charitable spend target and the estimated costs of liquidation in 2031/32. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. 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 £161,118 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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE GOSLING FOUNDATION LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE EDWARD GOSTLING FOUNDATION£2.7m£161,1180below—no doubt
THE GOSLING FOUNDATION LIMITED FY2025£5.1m—0unclear—no doubt
MISSIONARIES OF CHARITY OF MOTHER TERESA OF CALCUTTA TRUST FY2024£1.0m—0unclear—no doubt
THE POINT FOUNDATION FY2025£102k—0unclear—no doubt
THE GENERATIONS FOUNDATION FY2025£138k—0unclear—no doubt
W G EDWARDS CHARITABLE FOUNDATION FY2026£154k—0unclear—no doubt

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