THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST
Promotion of education and training in the science, practice and history of aviation and automotive transportandPromotion of education and training in the science and practice of agriculture, food production and management of rural resources by making arrangements for the provision and conduct of a college.
Financial health, per its FY2025 accounts
The accounts state that the Trust generated a net income of £372,000 for the year ended 31 October 2025, an increase from the previous year's £121,000. The Trust holds significant unrestricted free reserves of £3,413,000, which are retained for day-to-day operational activities, and the Trustees confirm adequate resources to continue in operational existence for at least 12 months.
What the accounts disclose
“In the band £80,001 - £90,000 2” — page 46
“Investment income 39% (2024 - 41%)” — page 20
“The Trust has identified a minimum of £1.4m of funds to be retained within its stocks and shares as liquid assets to call upon as a strategic reserve.” — page 22
“The following was a subsidiary undertaking of the Trust: Name Company number Holding Included in consolidation Old Warden Limited 06366021 100% Yes”
Leadership, per the charity’s website
- Tim Routsis — Chair of the Board
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- RICHARD SHUTTLEWORTH TRUSTEES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £6.8m | £6.5m |
| 31/10/2024 | £6.1m | £6.0m |
| 31/10/2023 | £5.3m | £5.2m |
| 31/10/2022 | £5.9m | £6.0m |
| 31/10/2021 | £5.4m | £4.8m |
Common questions
Is THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust generated a net income of £372,000 for the year ended 31 October 2025, an increase from the previous year's £121,000. The Trust holds significant unrestricted free reserves of £3,413,000, which are retained for day-to-day operational activities, and the Trustees confirm adequate resources to continue in operational existence for at least 12 months. Its FY2025 accounts were audited by PEM Audit Limited.
What does the highest-paid employee of THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 29/01/2021 | £2k | Swiss Grotto Garden |
| UK government | 29/01/2021 | £5k | Swiss Grotto Garden |
| UK government | 14/10/2020 | £626k | CRF20 Richard Ormonde Shuttleworth Remembrance Trust |
| The National Lottery Heritage Fund | 10/08/2020 | £118k | "COVID19 Shuttleworth Trust" |
| The National Lottery Heritage Fund | 26/02/2019 | £91k | "The Shuttleworth Trust - filling the hole in the sum of its parts" |
| The National Lottery Heritage Fund | 22/03/2011 | £3.1m | "Unveiling a Secret Garden" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHUTTLEWORTH VETERAN AEROPLANE SOCIETY | 1 | £857k |
| WESTMINSTER COLLEGE TRUST, OXFORD | 1 | £204k |
| THE AURORA TRUST | 1 | £144k |
| JOSEPH ROWNTREE FOUNDATION | 1 | £60k |
| THE MARK LEONARD TRUST | 1 | £40k |
| THE A TEAM FOUNDATION LIMITED | 1 | £29k |
| THE CENTRE FOR AFRICAN ENTREPRENEURSHIP | 1 | £9k |
| The Connolly Foundation (UK) Limited | 1 | £5k |
Charities like this
- RICHARD SHUTTLEWORTH TRUSTEES
- SHUTTLEWORTH VETERAN AEROPLANE SOCIETY
- THE AIR PILOTS TRUST
- SEALE-HAYNE EDUCATIONAL TRUST
- THE FARMINGTON TRUST LIMITED
- THE THAMES VALLEY AND GREAT WESTERN OMNIBUS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST | £6.8m | £80,001 - £90,000 | — | above | — | no doubt |
| RICHARD SHUTTLEWORTH TRUSTEES | £6.8m | £80,001 - £90,000 | — | above | — | no doubt |
| SHUTTLEWORTH VETERAN AEROPLANE SOCIETY | £289k | — | 0 | within | — | no doubt |
| THE AIR PILOTS TRUST | £284k | — | 0 | above | — | no doubt |
| SEALE-HAYNE EDUCATIONAL TRUST | £114k | — | 0 | unclear | — | no doubt |
| THE FARMINGTON TRUST LIMITED | £885k | — | — | unclear | — | no doubt |