ARMY AIR CORPS CHARITY
THE PURPOSE OF THE ARMY AIR CORPS CHARITY IS TO PROVIDE THE PRACTICAL AND FINANCIAL MEANS WHEREBY THE ARMY AIR CORPS CAN DISCHARGE ITS CHARITABLE OBLIGATIONS TO PAST AND PRESENT MEMBERS OF THE CORPS AND THEIR DEPENDANTS.
Objects
(1) TO PROMOTE THE EFFICIENCY OF HER MAJESTY'S ARMY AND PARTICULARLY THE CORPS IN SUCH CHARITABLE WAYS AS THE TRUSTEES MAY DECIDE; AND (2) THE RELIEF OF PERSONS WHO ARE (A) IN NEED, HARDSHIP OR DISTRESS; AND (B) ARE SERVING OR FORMER MEMBERS OF THE CORPS, THE CHILDREN OR DEPENDANTS OF SUCH PERSONS, OR CHILDREN OR DEPENDANTS OF SERVING OR FORMER MEMBERS OF THE CORPS WHO HAVE DIED ("THE BENEFICIARIES").
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £203,396, which the Trustees deem adequate to meet current demands despite being a conservative figure. The charity relies principally on investment income to fund its activities, with voluntary contributions from the serving community identified as a risk due to potential reductions in workforce numbers. The Trustees maintain a policy of retaining invested funds to mitigate against inflation and increased demand, noting that an irreducible minimum of £6mn in investments is required to run the charity.
What the accounts disclose
“The current free reserves of £400,000 is still deemed adequate to meet demands now, but it is acknowledged that this is a conservative figure. The Trustees have agreed to retain this current level for the time being.”
“During the year a sponsorship donation totalling £5,000 (2023 £5,000) was received from a company for whom a trustee of the Army Air Corps Charity is an employee.” — page 27
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Colonel Edward Jonathon Butterworthchair
- Captain Robert Draper
- Col Ret'd Alexander Vivian Tucker
- Colonel James Francis Peycke OBE
- Colonel Penelope Susan Kitson
- Colonel Timothy William Joe Pittaway MBE
- Colonel Toby Moore MBE
- Harriet James
- Lieutenant Colonel Thomas Brunwin
- Major Hannah Rachel Mathers
- SSgt Katie-Leigh Carter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £739k | £734k |
| 31/03/2024 | £722k | £709k |
| 31/03/2023 | £701k | £691k |
| 31/03/2022 | £607k | £700k |
| 31/03/2021 | £598k | £543k |
Common questions
Is ARMY AIR CORPS CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £203,396, which the Trustees deem adequate to meet current demands despite being a conservative figure. The charity relies principally on investment income to fund its activities, with voluntary contributions from the serving community identified as a risk due to potential reductions in workforce numbers. The Trustees maintain a policy of retaining invested funds to mitigate against inflation and increased demand, noting that an irreducible minimum of £6mn in investments is required to run the charity. Its FY2024 accounts were audited by Xeinadin Audit Ltd.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 29/03/2022 | £10k | OVA Afghanistan Veterans' Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| QUEEN MARY'S ROEHAMPTON TRUST | 1 | £50k |
| ARMED FORCES COVENANT FUND | 1 | £20k |
| THE CATHERINE AND ANGUS WOOD CHARITABLE TRUST | 1 | £5k |
| BOOTS CHARITABLE TRUST | 1 | £5k |
| THE JOHN SCOTT CHARITABLE TRUST | 1 | £5k |
| THE JORON CHARITABLE TRUST | 1 | £5k |
| THE HARRY & MARY FOUNDATION | 1 | £3k |
| THE ULVERSCROFT FOUNDATION | 1 | £2k |
Charities like this
- ROYAL AIR FORCE SMALL ARMS ASSOCIATION
- ARMY FLYING MUSEUM LIMITED
- Air Cadet Charity CIO
- THE ROYAL AIR FORCE BENEVOLENT FUND
- CHARITIES IN CONNECTION WITH ROYAL ARMY PAY CORPS
- THE ROYAL AIR FORCES ASSOCIATION - CORPORATE BODY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ARMY AIR CORPS CHARITY | £739k | — | 0 | below | — | no doubt |
| ROYAL AIR FORCE SMALL ARMS ASSOCIATION | £243k | — | 0 | unclear | — | no doubt |
| ARMY FLYING MUSEUM LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| Air Cadet Charity CIO | £1.4m | — | 0 | unclear | — | no doubt |
| THE ROYAL AIR FORCE BENEVOLENT FUND | £27.7m | — | 19 | unclear | 17.9% | no doubt |
| CHARITIES IN CONNECTION WITH ROYAL ARMY PAY CORPS | £135k | — | 0 | unclear | — | no doubt |