THE FLEET AIR ARM MUSEUM
We collect and maintain for public display and examination, aircraft, related documents and general exhibits, predominantly related to the Royal Naval Air Service and the Fleet Air Arm.
Financial health, per its FY2025 accounts
The accounts state that total incoming resources decreased to £155,505 from £304,980 in the prior year, while total resources expended were £292,519. Despite a net movement in funds decrease of £17,320, the charity holds net assets of £7,142,240 and free reserves of £333,279, which the trustees consider appropriate given the operational costs are borne by a separate group company.
What the accounts disclose
“Total incoming resources for the Fleet Air Arm Museum Trust in 2024-25 amounted to £155,505 (2023-24: £304,980). These resources were received as rental income, legacy income and interest income.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £156k | £293k |
| 31/03/2024 | £305k | £320k |
| 31/03/2023 | £40k | £889k |
| 31/03/2022 | £12k | £81k |
| 31/03/2021 | £192 | £321k |
Common questions
Is THE FLEET AIR ARM MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that total incoming resources decreased to £155,505 from £304,980 in the prior year, while total resources expended were £292,519. Despite a net movement in funds decrease of £17,320, the charity holds net assets of £7,142,240 and free reserves of £333,279, which the trustees consider appropriate given the operational costs are borne by a separate group company. Its FY2025 accounts were audited by Price Bailey LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 01/08/2005 | £536 | "The Fleet Air Arm Museum Have Been Awarded A Grant To Help Commemorate The 60th Anniversary Of The End Of Ww2. They Will Have A Free Entry D" |
| The National Lottery Community Fund | 29/07/2005 | £9k | Day of Wartime based events |
| The National Lottery Heritage Fund | 27/11/1997 | £3.7m | "Milestones Of Flight Exhibition & Store" |