THE SPECIAL AIR SERVICE REGIMENTAL ASSOCIATION
Financial health, per its FY2025 accounts
The accounts state that total resources expended exceeded incoming resources, resulting in a net decrease in overall funds of £1,065,531 for the year ended 31 March 2025. Despite this decrease, the charity holds total unrestricted and restricted reserves of £11,305,299, which the trustees consider sufficient to continue operations for the foreseeable future.
What the accounts disclose
“Two employee received total remuneration of £60,000 per annum or more, including benefits.” — page 24
“Two employee received total remuneration of £60,000 per annum or more, including benefits.” — page 24
“the Executive Committee agreed to identify and protect £3,500,000 as an endowment for the Jubilee Appeal and £150,000 as an endowment for the Russell King Fund”
“During the year a donation of £ nil (2024 – £ 7,000) was received from 1941 Ventures Limited, a wholly owned subsidiary of SAS Regimental Association.” — page 30
“The Association occupies rent free office space owned by the Ministry of Defence, the estimated annual value of which is £55,000, is included as income in donations, and as a cost in 'Charitable activities' in the Statement of Financial Activities.” — page 30
“During the year a donation of £ nil (2024 – £ 7,000) was received from 1941 Ventures Limited, a wholly owned subsidiary of SAS Regimental Association.” — page 30
“The Association occupies rent free office space owned by the Ministry of Defence, the estimated annual value of which is £55,000, is included as income in donations, and as a cost in 'Charitable activities' in the Statement of Financial Activities.” — page 30
“The Association owns 100% of the share capital of 1941 Ventures Limited, which donates all profits to the Association.” — page 6
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 2 (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £589k | £1.7m |
| 31/03/2024 | £1.1m | £1.6m |
| 31/03/2023 | £1.1m | £1.6m |
| 31/03/2022 | £890k | £1.3m |
| 31/03/2021 | £448k | £931k |
Common questions
Is THE SPECIAL AIR SERVICE REGIMENTAL ASSOCIATION financially healthy?
The accounts state that total resources expended exceeded incoming resources, resulting in a net decrease in overall funds of £1,065,531 for the year ended 31 March 2025. Despite this decrease, the charity holds total unrestricted and restricted reserves of £11,305,299, which the trustees consider sufficient to continue operations for the foreseeable future. Its FY2025 accounts were audited by Streets Audit LLP.
What does the highest-paid employee of THE SPECIAL AIR SERVICE REGIMENTAL ASSOCIATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COLONEL W H WHITBREAD CHARITABLE TRUST | 1 | £10k |
| THE W A HANDLEY CHARITY TRUST | 1 | £5k |
| THE CATHERINE COOKSON CHARITABLE TRUST | 1 | £2k |
| G F EYRE CHARITABLE TRUST | 1 | £800 |