THE HERITAGE AIRCRAFT TRUST
TO PRESERVE AND PROTECT GNAT AND OTHER HISTORIC AIRCRAFT AS HSTORIC AIRCRAFT FOR THE BENEFIT OF THE PUBLIC AND TO DEMONSTRATE AND DISPLAY SUCH AIRCRAFT AT PUBLIC EVENTS AND TO CONSERVE THEM AS HERITAGE ASSETS;TO ADVANCE THE EDUCATION OF THE PUBLIC IN GNAT AND OTHER HISTORIC AIRCRAFT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £837,398, with a net income of £44,572 for the year. The trustees confirm that reserves policy has been maintained to meet annual expenditure. The charity holds significant heritage assets valued at £725,169, which include an unrealised revaluation gain of £143,989 not available for expenditure.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds at a level so as to meet annual expenditure and support costs, management and administrative costs.” — page 3
“The Heritage Aircraft Trust paid grants of £204,917 to Heritage Aircraft Limited.” — page 13
“At the year end, The Heritage Aircraft Trust was owed £43,119 by Heritage Aircraft Limited.” — page 13
“The Heritage Aircraft Trust paid grants of £204,917 to Heritage Aircraft Limited.” — page 13
“At the year end, The Heritage Aircraft Trust was owed £43,119 by Heritage Aircraft Limited.” — page 13
“The Trust has one wholly owned subsidiary, Heritage Aircraft Limited.” — page 3
Trustees
- MARK FITZGERALDchair
- EDWIN ALPHONS TITUS MARIA BRENNINKMEYER
- OLIVER WHEELDON
- STEPHEN PARTRIDGE-HICKS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £251k | £206k |
| 31/03/2024 | £137k | £139k |
| 31/03/2023 | £160k | £150k |
| 31/03/2022 | £157k | £159k |
| 31/03/2021 | £68k | £99k |
Common questions
Is THE HERITAGE AIRCRAFT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £837,398, with a net income of £44,572 for the year. The trustees confirm that reserves policy has been maintained to meet annual expenditure. The charity holds significant heritage assets valued at £725,169, which include an unrealised revaluation gain of £143,989 not available for expenditure. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR PETER RIGBY CHARITABLE TRUST | 1 | £170k |
| ARMY AIR CORPS CHARITY | 1 | £44k |
| THE BRITTEN FOUNDATION | 1 | £39k |
| ASSOCIATION OF INDEPENDENT MUSEUMS | 1 | £2k |
Charities like this
- FLY HARRIER TRUST
- DE HAVILLAND AIRCRAFT MUSEUM TRUST LIMITED
- THE SOLWAY AVIATION SOCIETY LIMITED
- FLY NAVY HERITAGE TRUST LIMITED
- GATWICK AVIATION MUSEUM
- ARMY FLYING MUSEUM LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HERITAGE AIRCRAFT TRUST | £251k | — | 0 | above | — | no doubt |
| FLY HARRIER TRUST | £431k | — | 0 | unclear | — | no doubt |
| DE HAVILLAND AIRCRAFT MUSEUM TRUST LIMITED | £314k | — | 0 | unclear | — | no doubt |
| THE SOLWAY AVIATION SOCIETY LIMITED | £223k | — | 0 | unclear | — | no doubt |
| FLY NAVY HERITAGE TRUST LIMITED | £2.5m | — | — | unclear | — | no doubt |
| GATWICK AVIATION MUSEUM | £222k | — | 0 | above | — | no doubt |