THE ROYAL AIR FORCE GLIDING AND SOARING ASSOCIATION
The aim of the Association is to promote the efficiency of the RAF by providing an opportunity to indulge in the sport of Gliding and Soaring, thereby encouraging physical fitness and airmanship among all its members. In achieving this aim special regard is to be paid to bringing gliding and soaring within reach of all members of the RAF with priority to those normally employed on the ground.
Financial health, per its FY2024 accounts
The charity reports free/unrestricted reserves of £253,042, which exceeds its stated policy target of holding at least £120,000 for one year's insurance and basic running costs. The trustees confirm the charity remains solvent and is on a sustainable trajectory, with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“In addition, the GSA needs at least 1 year’s insurance and basic running costs to be available (£120K) as cash at hand.” — page 1
“One Director was reimbursed £127.50 for reciprocal visit hosting costs incurred on behalf of the charity. No other payments were made to Directors or any persons connected with them during this financial year. No material transaction took place between the organisation and a Director or any person connected with them.” — page 16
Trustees
- Alan Swan
- Andrew Watson
- BENJAMIN KYLE WIGHTMAN
- CARL JOHN PETERS
- JOHN JACKSON STRINGER
- LUKE SPENCER DALE
- NEILL OWEN ATKINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £190k | £153k |
| 31/12/2023 | £216k | £218k |
| 31/12/2022 | £215k | £273k |
| 31/12/2021 | £90k | £173k |
| 31/03/2021 | £119k | £246k |
Common questions
Is THE ROYAL AIR FORCE GLIDING AND SOARING ASSOCIATION financially healthy?
Per its FY2024 accounts: The charity reports free/unrestricted reserves of £253,042, which exceeds its stated policy target of holding at least £120,000 for one year's insurance and basic running costs. The trustees confirm the charity remains solvent and is on a sustainable trajectory, with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.