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PORTSMOUTH NAVAL GLIDING CENTRE

Registered charity 1148381 · accounts filings on the Charity Commission register

PROMOTING, ENCOURAGING PARTICIPATION IN AND PROVIDING OR ASSISTING IN THE PROVISION OF SERVICES, FACILITIES AND EQUIPMENT FOR GLIDING AND SOARING; AND TO HELP YOUNG PEOPLE TOWARDS RESPONSIBLE ADULTHOOD BY ENCOURAGING VALUABLE PERSONAL ATTRIBUTES AND HIGH STANDARDS OF CONDUCT IN PARTICULAR THROUGH GLIDING AND SOARING AND RELATED ACTIVITIES BASED ON THE CUSTOMS OF THE ROYAL NAVY.

Causes: Armed Forces/emergency Service Efficiency · website · Get email alerts

Latest income
£72k
Latest spending
£85k
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity had a net asset value of £310,250 and an operating deficit of £12,685 for the year ended 31 August 2025. The trustees note that current assets of £26,651 are barely sufficient to cover current liabilities of £20,668, describing this as a concern, though they expect profitability to improve when the tug operates properly. The Board does not consider that it has sufficient reserves but hopes to increase the bank balance in the coming year.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £310k; policy: maintain a level of free reserves to ensure that the charity will be able to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure)
“The Board does not consider that it has sufficient reserves but hopes to increase the bank balance in the coming year.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Hampshire · Wiltshire

Income and spending

Financial year endIncomeSpending
31/08/2025£72k£85k
31/08/2024£108k£151k
31/08/2023£78k£74k
31/08/2022£66k£52k
31/08/2021£90k£43k

Common questions

Is PORTSMOUTH NAVAL GLIDING CENTRE financially healthy?

Per its FY2025 accounts: The accounts state that the charity had a net asset value of £310,250 and an operating deficit of £12,685 for the year ended 31 August 2025. The trustees note that current assets of £26,651 are barely sufficient to cover current liabilities of £20,668, describing this as a concern, though they expect profitability to improve when the tug operates properly. The Board does not consider that it has sufficient reserves but hopes to increase the bank balance in the coming year. Its FY2025 accounts were independently examined.