SHUTTLEWORTH VETERAN AEROPLANE SOCIETY
The SVAS exists to advance the education of the public in the science, practice and history of aviation and automotive transport by providing financial support and voluntary labour to maintain in working order the assets of the Richard Ormonde Shuttleworth Rememberance Trust.
Financial health, per its FY2025 accounts
The accounts state that the charity holds approximately two years of income in unrestricted reserves, which the trustees consider appropriate given the liability of continuing membership benefits for over 700 life members and unpredictable acquisition needs. Per the trustees' report, the financial position is monitored regularly to ensure objectives are met, and the independent examiner confirmed no material matters were identified during their examination.
What the accounts disclose
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Alan Leslie Reed
- John Stewart Leary
- Julian Leslie Harcourt
- Kevin John Panter
- Matthew Thorney Studdert-Kennedy
- Neil Berwyn Thomas
- Paul Cullen
- Paul Francis Bichener
- Paul Hilary Ferguson
- Rosemary Anne Hall
- WILLIAM GRIGG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £289k | £209k |
| 31/03/2024 | £834k | £231k |
| 31/03/2023 | £228k | £198k |
| 31/03/2022 | £400k | £201k |
| 31/03/2021 | £555k | £237k |
Common questions
Is SHUTTLEWORTH VETERAN AEROPLANE SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds approximately two years of income in unrestricted reserves, which the trustees consider appropriate given the liability of continuing membership benefits for over 700 life members and unpredictable acquisition needs. Per the trustees' report, the financial position is monitored regularly to ensure objectives are met, and the independent examiner confirmed no material matters were identified during their examination. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR PETER RIGBY CHARITABLE TRUST | 1 | £170k |
| The Connolly Foundation (UK) Limited | 1 | £5k |
Charities like this
- THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST
- THE SOLWAY AVIATION SOCIETY LIMITED
- ROYAL AERONAUTICAL SOCIETY
- SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM
- FLY HARRIER TRUST
- RICHARD SHUTTLEWORTH TRUSTEES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHUTTLEWORTH VETERAN AEROPLANE SOCIETY | £289k | — | 0 | within | — | no doubt |
| THE RICHARD ORMONDE SHUTTLEWORTH REMEMBRANCE TRUST | £6.8m | £80,001 - £90,000 | — | above | — | no doubt |
| THE SOLWAY AVIATION SOCIETY LIMITED | £223k | — | 0 | unclear | — | no doubt |
| ROYAL AERONAUTICAL SOCIETY | £6.3m | — | 0 | unclear | — | no doubt |
| SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM | £104k | — | 0 | below | — | no doubt |
| FLY HARRIER TRUST | £431k | — | 0 | unclear | — | no doubt |