The Schools' Aerospace Careers Programme
For the pubic benefit, advancing the education of young people by promoting, sustaining and increasing their individual and collective knowledge and understanding of engineering, aviation and related sciences via the medium of aerospace and inspiring them to pursue engineering and aviation related careers.
Objects
FOR THE PUBLIC BENEFIT, TO ADVANCE THE EDUCATION OF YOUNG PEOPLE BY PROMOTING, SUSTAINING AND INCREASING THEIR INDIVIDUAL AND COLLECTIVE KNOWLEDGE AND UNDERSTANDING OF ENGINEERING, AVIATION AND RELATED SCIENCES VIA THE MEDIUM OF AEROSPACE AND INSPIRING THEM TO PURSUE ENGINEERING AND AVIATION RELATED CAREERS.
Financial health, per its FY2024 accounts
The charity reported a net income of £120,964 for the year ended 31 December 2024, resulting in total unrestricted funds of £1,046,620. The accounts state that there are no funds in deficit and no funds held on behalf of others. The trustees acknowledge their responsibility for ensuring accounting records comply with the Companies Act 2006.
What the accounts disclose
“Donations and legacies 2 250,000” — page 10
“To ensure the short and, separately, longer-term liquidity and financial independence of the SACP.” — page 5
Policies the charity declares
- Complaints handling
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Dr Michael Smithchair
- Adrian Jones
- Christopher Smith BA
- Gillian Elizabeth Marshall
- Rikke Svane Kraul-Jensen Carmichael
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £283k | £162k |
| 31/12/2023 | £350k | £94k |
| 31/12/2022 | £702k | £34k |
| 31/08/2021 | £48k | £46k |
Common questions
Is The Schools' Aerospace Careers Programme financially healthy?
Per its FY2024 accounts: The charity reported a net income of £120,964 for the year ended 31 December 2024, resulting in total unrestricted funds of £1,046,620. The accounts state that there are no funds in deficit and no funds held on behalf of others. The trustees acknowledge their responsibility for ensuring accounting records comply with the Companies Act 2006. Its FY2024 accounts were independently examined.