AIR SAFETY TRUST
grants and assistance to support and further safety in aviation
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £21,553 for the year ended 30 September 2025, primarily due to grants and support costs exceeding income. However, total net assets increased to £2,018,022, supported by investment revaluation gains and existing reserves. The trustees confirmed that reserves were maintained at a sufficient level to meet fluctuating demands and cover eventualities.
What the accounts disclose
“It is the policy of the charity to maintain all funds at a sufficient level to meet fluctuating demands.” — page 4
“The Air Safety Trust does not employ any staff directly but contributes via an allocation of costs towards the use of staff employed by the Honourable Company of Air Pilots.” — page 10
“The freehold office premises at Air Pilots House, 52a Borough High Street, London, is owned jointly between the Air Safety Trust (65%), the Honourable Company of Air Pilots and the Air Pilots Trust.” — page 11
“The Air Safety Trust does not employ any staff directly but contributes via an allocation of costs towards the use of staff employed by the Honourable Company of Air Pilots.” — page 10
“The freehold office premises at Air Pilots House, 52a Borough High Street, London, is owned jointly between the Air Safety Trust (65%), the Honourable Company of Air Pilots and the Air Pilots Trust.” — page 11
“The title is held in trust by Air Pilots Property Ltd on behalf of the three joint owners.” — page 11
Trustees
- Derek Reeh
- Elizabeth Palmer Walkinshaw
- Mark Tousey
- PAUL JOSEPH TACON
- William Godwin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £35k | £57k |
| 30/09/2024 | £36k | £40k |
| 30/09/2023 | £34k | £41k |
| 30/09/2022 | £33k | £43k |
| 30/09/2021 | £38k | £39k |
Common questions
Is AIR SAFETY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £21,553 for the year ended 30 September 2025, primarily due to grants and support costs exceeding income. However, total net assets increased to £2,018,022, supported by investment revaluation gains and existing reserves. The trustees confirmed that reserves were maintained at a sufficient level to meet fluctuating demands and cover eventualities. Its FY2025 accounts were independently examined.