WELSH AIR AMBULANCE CHARITABLE TRUST
The relief of sickness and injury and the protection of human life, including by: a) the provision of emergency and specialised medical care; primarily by the provision and support of both road vehicles and air ambulances in Wales; and b) the provision of follow up support to those patients, and their relatives, who have received road vehicle and/or air ambulance support from the Charity.
Objects
2.1 The Objects of the Charity, for the public benefit, are the relief of sickness and injury and the protection of human life, including by (but not limited to): a) The provision of emergency and specialised medical care; primarily but not exclusively by the provision and support of both road vehicles and air ambulances in Wales; and b) the provision of follow up support to those patients, and their relatives, who have received road vehicle and/or air ambulance support from the Charity.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £2.7 million for the year ended 31 July 2025, with total income of £17.0 million and total expenditure of £19.7 million. Per the trustees' report, unrestricted general reserves of £7.9 million remain within the stated target range of £7.8 million to £9.6 million, and designated funds of £5.2 million have been assigned to cover forecasted deficits over the next three years. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Based on these calculations, the Trustees have agreed a target reserves range of between £7.8 million to £9.6 million.” — page 56
“Two separate loan agreements are in place between Welsh Air Ambulance Charitable Trust and Welsh Air Ambulance Trading Ltd. Loan interest of £13k has been charged this year.” — page 89
“Included in the Charity debtors is a balance of £214k (2024 £168k) from Welsh Air Ambulance Trading.” — page 89
“Two separate loan agreements are in place between Welsh Air Ambulance Charitable Trust and Welsh Air Ambulance Trading Ltd. Loan interest of £13k has been charged this year.” — page 89
“Included in the Charity debtors is a balance of £214k (2024 £168k) from Welsh Air Ambulance Trading.” — page 89
“The charity undertook an external review of its governance effectiveness during the year, reporting to trustees in April 2025 and as a result, the board approved a resolution on 31st Juy 2025 to adopt new Articles of Association.” — page 60
“The Charity’s principal subsidiary undertaking as at 31 July 2025, Welsh Air Ambulance Trading Ltd, is wholly owned and registered in England and Wales.” — page 58
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Government income: £143,298 — grants £143,298 (3); under 1% of the £17,009,790 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 2; £90,001–£100,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/07/2024
- Government income: £152,000 — grants £152,000 (3); under 1% of the £16,763,949 total gross income on the same return
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £90,001–£100,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/07/2023
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £80,001–£90,000: 1)
- Has a trading subsidiary
In the news
- Wales Air Ambulance highlights lifesaving work during national awareness week
- Final Engagement: Wales Air Ambulance Service
- Wales Air Ambulance miss 550 patients amid rural location row
Corporate structure
- Registered company of the charity Companies House 04036600
- Trading subsidiary: WELSH AIR AMBULANCE TRADING LIMITED Companies House 04036635 · Financial health read from its filings
- Amounts owed to group undertakings: £208,691 (2025) vs £0 (2024) in current creditors; £0 (2025) vs £195,877 (2024) in non-current creditors; £0 (2025) vs £27,767 (2024) in debtors.
Company officers (Companies House)
- LLOYD, Sian Lowri on trustee list
- WILSON, Mark Ian Ranson on trustee list
- KEEFE, David Patrick on trustee list
- KNOWLES, Catherine Marie on trustee list
- SMITH, Luke on trustee list
- MORGAN, Nia Eleri on trustee list
- PHILLIPS, James on trustee list
- HAMPTON STONE, Craig not on trustee list
- HARRIS, Paul on trustee list
- DAVIES, Laura Helen on trustee list
- BURDGE, Amanda Lee on trustee list
- JACQUES, Kyle on trustee list
- GILBERT, David not on trustee list
- JAMES, Richard Mark on trustee list
- HAWKINS, Christina Louise
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (12/07/2023)
- Received assets from another charity (30/05/2023)
Trustees
- Dr KYLE JACQUESchair
- Amanda Lee Burdge
- Catherine Marie Knowles
- Colonel James Phillips
- Craig Hampton Stone
- DAVID GILBERT OBE
- David Patrick Keefe
- Laura Helen Davies
- Luke Smith
- MARK JAMES
- Mark Ian Ranson Wilson
- Nia Morgan
- Paul Harris
- Sian Lowri Lloyd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £17.0m | £19.7m |
| 31/07/2024 | £16.8m | £17.4m |
| 31/07/2023 | £15.3m | £14.6m |
| 31/07/2022 | £15.4m | £13.5m |
| 31/07/2021 | £13.2m | £11.8m |
Common questions
Is WELSH AIR AMBULANCE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £2.7 million for the year ended 31 July 2025, with total income of £17.0 million and total expenditure of £19.7 million. Per the trustees' report, unrestricted general reserves of £7.9 million remain within the stated target range of £7.8 million to £9.6 million, and designated funds of £5.2 million have been assigned to cover forecasted deficits over the next three years. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Bevan Buckland LLP.
Who funds WELSH AIR AMBULANCE CHARITABLE TRUST?
Funders whose own accounts filings name WELSH AIR AMBULANCE CHARITABLE TRUST as a grant recipient include MYRISTICA TRUST, MOONDANCE FOUNDATION, THE PENNIES FOUNDATION, THE ORR MACKINTOSH FOUNDATION LIMITED, THE GEOFFREY AND PAULINE MARTIN TRUST.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANNIE TRANMER CHARITABLE TRUST | 2 | £13k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £475k |
| ASSOCIATION OF NHS CHARITIES | 1 | £408k |
| COUNTY AIR AMBULANCE TRUST | 1 | £160k |
| THE JORDAN CHARITABLE FOUNDATION | 1 | £106k |
| THE NFU MUTUAL CHARITABLE TRUST | 1 | £70k |
| THE BRITFORD BRIDGE TRUST | 1 | £60k |
| ALAN BOSWELL GROUP CHARITABLE TRUST | 1 | £50k |
Charities like this
- WILTSHIRE AND BATH AIR AMBULANCE CHARITY
- AIR AMBULANCE FOUNDATION UK
- ASSOCIATION OF AIR AMBULANCES (CHARITY) LTD
- WELSH AMBULANCE SERVICES NHS TRUST CHARITY
- CORNWALL AIR AMBULANCE TRUST
- EAST ANGLIAN AIR AMBULANCE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WELSH AIR AMBULANCE CHARITABLE TRUST | £17.0m | — | — | within | — | no doubt |
| WILTSHIRE AND BATH AIR AMBULANCE CHARITY | £4.8m | £90,001 - £100,000 | — | within | — | no doubt |
| AIR AMBULANCE FOUNDATION UK | £101k | — | 0 | unclear | — | no doubt |
| ASSOCIATION OF AIR AMBULANCES (CHARITY) LTD | £2.0m | — | — | unclear | — | no doubt |
| WELSH AMBULANCE SERVICES NHS TRUST CHARITY | £67k | — | — | unclear | — | no doubt |
| CORNWALL AIR AMBULANCE TRUST | £9.8m | — | — | unclear | — | no doubt |