The Royal Air Squadron Charity
To advance knowledge and education in aviation and aerospace, particularly to support and encourage young people seeking careers in the armed services or aerospace industry.
Objects
TO ADVANCE EDUCATION OF THE PUBLIC IN THE ART AND SCIENCE OF AERONAUTICS AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALLY OFTHE FOREGOING.(A) TO PROVIDE FACILITIES FOR TRAINING IN THE ART AND SCIENCE OF AERONAUTICS.(B) TO HOLD MEETINGS LECTUERES ETC. CONCERNED WITH THE ART AND SCIENCE OF AERONAUTICS.(C) FO FOUND LIBRARIES CONNECTED WITH THE DEVELOPMENT AND IMPROVEMENT OF THE ART AND SCIENCE OF AERNAUTICS.(D) TO PROVIDE SCHOLARSHIPS, BURSARIES OR EXHIBTIONS OR PRIZES CONNECTED WITH THE ADVANCEMENT OF THE ART AND SCIENCE OF AERONAUTICS.
Financial health, per its FY2024 accounts
The accounts state that total net assets increased to £1,312,654, driven by a £171,657 revaluation gain on investments which offset a net outgoing resource of £91,424 from operations. The charity reports that its operational level has recovered to pre-pandemic levels, with voluntary income decreasing to £20,350 while investment income remained stable at £36,000.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Register events
- Received assets from another charity (28/03/2023)
Trustees
- Julian STINTONchair
- DR THE HON GILBERT GREENALL CBE MD DL
- Jonathan James Valentine ELWES FCA
- MARK RUDOLF CORETH
- SIR IAN DAVID MACFADYEN KCVO CB
- TIM CLARK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £56k | £48k |
| 31/12/2023 | £92k | £43k |
| 31/12/2022 | £43k | £20k |
| 31/12/2021 | £39k | £20k |
| 31/12/2020 | £49k | £27k |
Common questions
Is The Royal Air Squadron Charity financially healthy?
Per its FY2024 accounts: The accounts state that total net assets increased to £1,312,654, driven by a £171,657 revaluation gain on investments which offset a net outgoing resource of £91,424 from operations. The charity reports that its operational level has recovered to pre-pandemic levels, with voluntary income decreasing to £20,350 while investment income remained stable at £36,000. Its FY2024 accounts were independently examined.