NEWARK (NOTTINGHAMSHIRE AND LINCOLNSHIRE) AIR MUSEUM LIMITED

Registered charity 256434 · accounts filings on the Charity Commission register · also known as NEWARK (NOTTS & LINCS) AIR MUSEUM, NEWARK AIR MUSEUM

The preservation and display of aircraft and aviation artefacts, with a particular emphasis on training and post-war airframes for the benefit of the public and future generations.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£918k
Latest spending
£453k
Registered
1968
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £1,098,988, driven by a significant legacy from the estate of John Dove. The trustees note that free reserves are slightly below their stated policy target of retaining a six-month reserve fund of £250,000 plus a designated fund. The charity relies on public admission fees and shop sales to fund operations, with volunteer support being vital to its activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £242k)
“Therefore the charity is only slightly below it's reserves policy at the year end.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Newark Air Museum (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£918k
Total spending
£453k
Cost of raising funds
£144k
Reserves (reported)
£242k
Employees
13

Reported reserves equal ~6.4 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 15.7% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lincolnshire · Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/12/2024£918k£453k
31/12/2023£433k£432k
31/12/2022£397k£431k
31/12/2021£318k£359k
31/12/2020£250k£336k

Common questions

Is NEWARK (NOTTINGHAMSHIRE AND LINCOLNSHIRE) AIR MUSEUM LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £1,098,988, driven by a significant legacy from the estate of John Dove. The trustees note that free reserves are slightly below their stated policy target of retaining a six-month reserve fund of £250,000 plus a designated fund. The charity relies on public admission fees and shop sales to fund operations, with volunteer support being vital to its activities. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund11/03/2003£453k"South Field Site Aircraft Display Hall"