THE ROYAL AIR FORCE CLUB
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total income exceeding £13.0m for the first time in its history, resulting in a net operating surplus of £1.37m. Per the trustees' report, free/unrestricted reserves stood at £412,173, which is below the stated policy target of £3m, though the trustees anticipate similar levels of trading performance in the coming year.
What the accounts disclose
“£170,000 - £179,999 1”
“Free reserves at 31 December 2025 totalled £412,173. The Club’s long-term financial plan will look to add to the Club’s free reserves and bring the reserves held in line with the policy set by trustees.” — page 18
“At the year end RAFCTC Limited, a subsidiary wholly owned by the Royal Air Force Club, Owed the Club £214,257 (2024: £275,178). During the year Trustees made donations to the club totalling £2,710 (2024: nil). Members of the Board of Trustees are also members of the Royal Air Force Club and pay membership fees on an arm's length basis.” — page 40
“The Charity has a subsidiary trading company, RAFCTC Limited, registered number 6590556.” — page 7
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (07/08/2017)
Trustees
- Adam Wardrope
- Air Cdre Victoria Caroline McPhaden
- Air Commodore Dai Whittingham
- Amanda Jane Wolfe
- BERNARD ANTHONY WATSON
- Flight Lieutenant Haig Anthony John Tyler
- Gavin James Poole
- Group Captain Alan John Lockwood
- Group Captain James Roger Beldon
- Neeraj Kapur
- Paul Higgins
- Peter Charles Brown
- Philip James Wadlow
- Warren Austin William James
- Wing Commander Paula Simone Willmot
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £13.1m | £11.6m |
| 31/12/2024 | £12.3m | £10.9m |
| 31/12/2023 | £11.6m | £10.4m |
| 31/12/2022 | £10.2m | £9.1m |
| 31/12/2021 | £7.1m | £6.2m |
Common questions
Is THE ROYAL AIR FORCE CLUB financially healthy?
The accounts state that the charity reported a total income exceeding £13.0m for the first time in its history, resulting in a net operating surplus of £1.37m. Per the trustees' report, free/unrestricted reserves stood at £412,173, which is below the stated policy target of £3m, though the trustees anticipate similar levels of trading performance in the coming year. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
What does the highest-paid employee of THE ROYAL AIR FORCE CLUB earn?
Per its FY2025 accounts, the highest-paid employee was in the £170,000 - £179,999 band.