Charity Accounts Intelreading the accounts so you don’t have to

WIGHT AVIATION MUSEUM

Registered charity 1175948 · accounts filings on the Charity Commission register

To establish & maintain a working museum for the exhibition and preservation of historic aircraft and associated artefacts and memorabilia on the Isle of Wight at Sandown Airport for the benefit of the public.To advance the education of the public & schoolchildren in the history of aviation through the provision of educational activities both in the museum and within schools.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£45k
Latest spending
£52k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a deficit of £6,739 for the year ended 31 December 2024, resulting in total funds decreasing to £64,427. Free reserves stood at £27,118, which the trustees consider to be within their stated policy target of three to six months of expenditure. The trustees maintain that the charity has adequate resources to continue as a going concern for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between three and six month's expenditure (held: £27k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — Wight Aviation Museum (matched by registered charity number).

Trustees · trustee networks

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

Operates in: Isle Of Wight

Income and spending

Financial year endIncomeSpending
31/12/2024£45k£52k
31/12/2023£62k£52k
31/12/2022£22k£21k
31/12/2021£9k£13k
31/05/2021£41k£21k

Common questions

Is WIGHT AVIATION MUSEUM financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a deficit of £6,739 for the year ended 31 December 2024, resulting in total funds decreasing to £64,427. Free reserves stood at £27,118, which the trustees consider to be within their stated policy target of three to six months of expenditure. The trustees maintain that the charity has adequate resources to continue as a going concern for the foreseeable future. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund16/10/2018£10k"Rocket Island"