THE ROYAL AIR FORCE WINTER SPORTS ALPINE ASSOCIATION
The purpose of the Association is to provide opportunities for serving RAF personnel to participate in winter sports. There are two key annual events organised by the Association, the RAF Alpine Championships, which are held at Saalbach-Hinterglemm each year and the indoor Championships held in the UK in the autumn.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £9,965 for the year ended 31 December 2024, primarily due to rising activity costs and unreliable sponsorship income. Despite this, free unrestricted reserves were maintained at £272,985, which the trustees believe is sufficient to support the charity going forward.
What the accounts disclose
“Reserves are held to ensure planned activity is not adversely affected if: income streams do not match anticipated levels, to allow for changes in cash flow throughout the year, and to account for unexpected or higher than anticipated expenditures.” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Martin Leonard Cunninghamchair
- BRIAN WOOD
- Chloe Marie Jordan
- Group Captain Louise Ann Henton
- James Sjoberg
- Jonathan Young
- Michael Wada Waring
- Nicola Jane Duncan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £592k | £602k |
| 31/12/2023 | £443k | £478k |
| 31/12/2022 | £293k | £197k |
| 31/05/2022 | £285k | £426k |
| 31/05/2021 | £144k | £42k |
Common questions
Is THE ROYAL AIR FORCE WINTER SPORTS ALPINE ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £9,965 for the year ended 31 December 2024, primarily due to rising activity costs and unreliable sponsorship income. Despite this, free unrestricted reserves were maintained at £272,985, which the trustees believe is sufficient to support the charity going forward. Its FY2024 accounts were independently examined.