RAF NORTHOLT HERITAGE CHARITABLE FOUNDATION
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Objects
TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE HISTORY OF RAF NORTHOLT AND ITS PLACE IN THE DEFENCE OF THE UNITED KINGDOM THROUGHOUT ITS OPERATIONAL LIFE. IN PARTICULAR BUT NOT EXCLUSIVELY BY THE EXHIBITION AND PUBLIC DISPLAY OF HISTORIC AND INFORMATIVE COLLECTIONS OF MATERIAL RELEVANT TO THE HISTORY OF RAF NORTHOLT AND PROVIDE FOR THE GENERAL BENEFIT OF THE PUBLIC THE PRESERVATION AND CONSERVATION OF THE BUILDINGS, OTHER CONSTRUCTIONS AND RELATED HISTORIC ARTEFACTS FORMING PART OF RAF NORTHOLT.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £11,721 at the end of the period, which is below the stated policy target of three to six months of operational expenses. The charity reported a small net surplus of £102 for the year, with total receipts of £28,313 and total payments of £28,415.
What the accounts disclose
“The Charity aims to hold sufficient reserves to ensure financial stability and the ability to meet its obligations and commitments. The reserves will be evaluated annually, considering the Charity’s operational needs, future project funding and potential risks. A target reserve level equivalent to three to six months of operational expenses will be established to provide a buffer against unforeseen circumstances, such as fluctuations in income or unexpected expenditure.” — page 5
“The Charity aims to hold sufficient reserves to ensure financial stability and the ability to meet its obligations and commitments. The reserves will be evaluated annually, considering the Charity’s operational needs, future project funding and potential risks. A target reserve level equivalent to three to six months of operational expenses will be established to provide a buffer against unforeseen circumstances, such as fluctuations in income or unexpected expenditure.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- 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
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Group Captain Lee Waleschair
- James Vere Nicoll
- John Sebastian Cox
- RICHARD KORNICKI CBE DL
- Sharon Teresa Tina Ward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £28k | £28k |
| 31/05/2024 | £34k | £28k |
| 31/05/2023 | £6k | £8k |
Common questions
Is RAF NORTHOLT HERITAGE CHARITABLE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £11,721 at the end of the period, which is below the stated policy target of three to six months of operational expenses. The charity reported a small net surplus of £102 for the year, with total receipts of £28,313 and total payments of £28,415. Its FY2025 accounts were independently examined.