ROYAL AIR FORCES ASSOCIATION FORMBY BRANCH
Welfare of serving and ex-serving Air Force people and their dependants,and provision for gatherings to offer Comrade ship and and to present updated information and opportunities for sharing information and to enjoy one another'scompany.
Objects
AS PER RAFA (226686)
Financial health, per its FY2025 accounts
The accounts state that the branch held unrestricted reserves of £1,143,311 as of 31 December 2024, derived primarily from investment income. The trustees maintain a reserve policy targeting two years of estimated expenditure (£20,000 to £25,000), a target significantly exceeded by the current balance. The independent examiner confirmed that the accounts accord with the accounting records and no material matters required disclosure.
What the accounts disclose
“The trustees have agreed to continue to keep an average of estimated 2 years expenditure (£20k to £25k) as a reserve in general funds.” — page 7
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- David McGregorchair
- Alan Smith HWO
- David Williams
- June Sefton
- Les Meadows
- Robert Anderton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £30k | £21k |
| 31/12/2024 | £29k | £20k |
| 31/12/2023 | £29k | £34k |
| 31/12/2022 | £26k | £11k |
| 31/12/2021 | £29k | £74k |
Common questions
Is ROYAL AIR FORCES ASSOCIATION FORMBY BRANCH financially healthy?
Per its FY2025 accounts: The accounts state that the branch held unrestricted reserves of £1,143,311 as of 31 December 2024, derived primarily from investment income. The trustees maintain a reserve policy targeting two years of estimated expenditure (£20,000 to £25,000), a target significantly exceeded by the current balance. The independent examiner confirmed that the accounts accord with the accounting records and no material matters required disclosure. Its FY2025 accounts were independently examined.