THE AIR PILOTS TRUST

Registered charity 313606 · accounts filings on the Charity Commission register · also known as THE GUILD OF AIR PILOTS TRUST

award of scholarships and grants to support and further education and training within aviation

Causes: Education/training · Grant history (this charity is a funder) · Get email alerts

Latest income

£284k

Latest spending

£327k

Registered

1972

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £43,320 for the year ended 30 September 2025, resulting in a decrease in total net assets. However, the trustees confirm that unrestricted free reserves were maintained at a sufficient level to cover eventualities and meet fluctuating demands. The charity holds significant fixed asset investments and tangible assets, with unrestricted funds totaling £1,125,661.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Scholarship income (83% of income)

“Scholarship income 233,952” — page 7

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: sufficient level to meet fluctuating demands (held: £1.1m)

“It is the policy of the charity to maintain all funds at a sufficient level to meet fluctuating demands. The unrestricted fund which comprises the free reserves of the charity were maintained at a sufficient level throughout the year to cover eventualities such as additional administration and support costs.” — page 4

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Note 10

“Due from Air Safety Trust 8,538 8,538 23,308” — page 12

“The freehold office premises at Air Pilots House, 52a Borough High Street, London, is owned jointly between the Air Pilots Trust (10%), the Honourable Company of Air Pilots and the Air Safety Trust. The title is held in trust by Air Pilots Property Ltd on behalf of the three joint owners.” — page 11

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Note 8

“Due from Air Safety Trust 8,538 8,538 23,308” — page 12

“The freehold office premises at Air Pilots House, 52a Borough High Street, London, is owned jointly between the Air Pilots Trust (10%), the Honourable Company of Air Pilots and the Air Safety Trust. The title is held in trust by Air Pilots Property Ltd on behalf of the three joint owners.” — page 11

Per its FY2025 accounts as filed with the Charity Commission.

Trading subsidiary: Air Pilots Property Ltd

“The title is held in trust by Air Pilots Property Ltd on behalf of the three joint owners.” — page 11

Per its FY2025 accounts as filed with the Charity Commission.

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

Structured financials (annual return, FY ending 30/09/2024)

Total income

£538k

Total spending

£213k

Cost of raising funds

£11k

Reserves (reported)

£945k

Employees

0

Reported reserves equal ~53.2 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, cost of raising funds: 2.1% of total income — below the median for charities its size (2.9%) (benchmarks).

Register events

Received assets from another charity (04/02/2026) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (07/06/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

AIR CDRE RICHARD PEACOCK-EDWARDS CBE AFC
Elizabeth Palmer Walkinshaw · trustee of 2 other charities
PAUL JOSEPH TACON · trustee of 1 other charity
Richard Hall
Richie Piper

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
30/09/2025	£284k	£327k
30/09/2024	£540k	£213k
30/09/2023	£158k	£165k
30/09/2022	£174k	£160k
30/09/2021	£149k	£143k

Common questions

Is THE AIR PILOTS TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £43,320 for the year ended 30 September 2025, resulting in a decrease in total net assets. However, the trustees confirm that unrestricted free reserves were maintained at a sufficient level to cover eventualities and meet fluctuating demands. The charity holds significant fixed asset investments and tangible assets, with unrestricted funds totaling £1,125,661. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE SIR PETER RIGBY CHARITABLE TRUST	1	£170k
THE MILLENNIUM OAK TRUST	1	£100k
NETWORK FOR SOCIAL CHANGE CHARITABLE TRUST	1	£75k
THE ADRIAN SWIRE CHARITABLE TRUST	1	£71k
MILLENNIUM POINT TRUST	1	£39k
THE BRITTEN FOUNDATION	1	£39k
IGO FOUNDATION LIMITED	1	£10k
WOODLANDS GREEN LTD	1	£9k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with AIR LEAGUE TRUST.

AIR LEAGUE TRUST income £360k
AVIATION ENVIRONMENT TRUST income £235k
THE BRITISH AIRLINE PILOTS ASSOCIATION BENEVOLENT FUND income £106k
THE AA TRUST income £264k
FLY NAVY HERITAGE TRUST LIMITED income £2.5m
FLY HARRIER TRUST income £431k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE AIR PILOTS TRUST	£284k	—	0	above	—	no doubt
AIR LEAGUE TRUST FY2023	£360k	—	—	unclear	—	no doubt
AVIATION ENVIRONMENT TRUST FY2025	£235k	—	0	no_policy	—	no doubt
THE BRITISH AIRLINE PILOTS ASSOCIATION BENEVOLENT FUND FY2025	£106k	—	0	unclear	—	no doubt
THE AA TRUST FY2025	£264k	—	0	unclear	—	no doubt
FLY NAVY HERITAGE TRUST LIMITED FY2024	£2.5m	—	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.