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RAF Waddington Junior Ranks Welfare Fund

Registered charity 1134805 · accounts filings on the Charity Commission register · also known as RAF WADDINGTON SERVICES INSTITUTE FUND, SERVICES INSTITUTE FUND

The Charity is ran for the benefit of Serving Personnel at RAF Waddington.

Causes: Other Charitable Purposes · Get email alerts

Latest income
£48k
Latest spending
£86k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity made a deficit of £38,020 for the year, resulting in a decrease in total funds from £251,101 to £220,943. However, the trustees report no concerns regarding the charity's ability to continue as a going concern, citing a low level of reserves due to few operational or staff commitments. The charity's principal sources of funds are investments, with additional income generated from the hire of garages, a narrowboat, and a holiday home.

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

What the accounts disclose

Reserves policy: low level of reserves (held: £197k)
“The RAF Waddington JRWF needs a low level of reserves due to its role as a grantmaking charity and having few operational or staff commitments.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lincolnshire

Income and spending

Financial year endIncomeSpending
31/05/2025£48k£86k
31/05/2024£58k£79k
31/05/2023£50k£69k
31/05/2022£64k£69k
31/05/2021£32k£42k

Common questions

Is RAF Waddington Junior Ranks Welfare Fund financially healthy?

Per its FY2025 accounts: The accounts state that the charity made a deficit of £38,020 for the year, resulting in a decrease in total funds from £251,101 to £220,943. However, the trustees report no concerns regarding the charity's ability to continue as a going concern, citing a low level of reserves due to few operational or staff commitments. The charity's principal sources of funds are investments, with additional income generated from the hire of garages, a narrowboat, and a holiday home. Its FY2025 accounts were independently examined.