Finance Score: -3

Governance Score: 2

Support Score: 2

Liabilities <10%: +3
Excess reserves: -5
Spending falling: -1

Dynamic board: +3
Mainly male board: -1

Overall weighted support: +2

Overall GiG Score: 1

AIR CADET CHARITY CIO

The charity supports charitable purposes for the benefit of cadets and personnel of the Air Training Corps by providing grants and funding for activities that fall within the following categories and align to the RAF Air Cadets vision: Aviation, Adventure training, Exploiting technology, Immersive training, Enhance education, Improve employability, Health and wellbeing, Welfare.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £3,720,240 available, equivalent to 86 months of spending and so may not be able to utilise additional funding
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile recently and was substantially in excess of spending in the latest year

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£961	£518	£444	£0	£4,478	£3,720	86.2	1	3
31/03/22	£793	£438	£354	£0	£4,101	£3,360	92	0	3
31/03/21	£51	£392	£-341	n/a	n/a	n/a	n/a	n/a	n/a
31/03/20	£1,409	£1,433	£-24	£0	£3,829	£3,086	25.8	0	0
31/03/19	£1,897	£1,724	£173	£0	£3,997	£3,234	22.5	0	0
31/03/18	£1,415	£1,460	£-46	£0	£3,781	£3,131	25.7	0	0
31/03/17	£1,475	£1,526	£-51	£0	£3,830	£3,190	25.1	0	0
31/03/16	£4,715	£1,030	£3,685	£0	£3,673	£2,959	34.5	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 83%
Reserves/Spending: 86.2 months
Net Current Assets/Spending: 83 months
Quick Ratio: 247.8

Asset Split ?

Balance Sheet History

Established: 10 years

www.aircadetcharity.org.uk

info@aircadetcharity.org.uk

01400 214021

Charity Commission for England and Wales

Listed activities

Amateur Sport
Armed Forces/Emergency Service Efficiency
Education/Training
General Charitable Purposes
Other Charitable Purposes

GiG Classification

Grant-making foundations

How it operates

Makes grants to individuals
Makes grants to organisations
Other charitable activities

Where it operates

Cyprus, Germany, Gibraltar, Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Children/Young People
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Co-Operative Group	£36,132
Sport England	£10,268
Masonic Trust	£2,393
County Durham Community Foundation	£1,000

Specific Donations

Amount	When Months	To be used for
Sport England - Paddlesports Equipment
£10,268	27/10/2023 13	This project will purchase paddlesports equipment to allow the squadron to introduce Paddlesports as an adventure training option. The equipment can also be used to fulfil the requirement of both activity and method of travel for expedition under ....more This project will purchase paddlesports equipment to allow the squadron to introduce Paddlesports as an adventure training option. The equipment can also be used to fulfil the requirement of both activity and method of travel for expedition under the Duke of Edinburgh scheme. Equipment will also benefit other local squadrons and a local Sea Cadet unit.
Co-Operative Group - Grant to 92 Chorley Sqn ATC
£1,678	21/10/2023	We would like to provide archery equipment to give air cadets the opportunity to safely partake in the discipline of archery.
Co-Operative Group - Grant to Penkridge 2415 Royal Air Force Air Cadets
£2,531	21/10/2023	We would like to buy paddle boards, life jackets, helmets and oars to be able to teach the cadets how to paddle board, which we can use for years to come.
Masonic Trust - MCF Matched Funding
£2,393	31/10/2022	Unrestricted matched funding in partnership with the local masonic province
County Durham Community Foundation - High Sheriff Award 2018
£1,000	16/02/2022	High Sheriff Award 2022
Co-Operative Group - Grant to 1163 (Colne Valley) Squadron ATC
£843	23/10/2021	The purchase of an immersive flight simulator and audio visual upgrades will enhance the delivery of aviation training to young adults.
Co-Operative Group - Grant to 317 Failsworth Royal Air Forces Air Cadets
£1,730	23/10/2021	We would like to provide the tools and equipment to take part in the Duke of Edinburgh's Awards expeditions and also continue to provide synthetic flying training.
Co-Operative Group - Grant to 2434 Squadron Church Fenton Air Cadets
£2,883	24/10/2020	We would like to expand the squadron facilities, as with over 50 cadets we are nearing capacity and have had to introduce a waiting list.
Co-Operative Group - Grant to Boston Air Cadets
£3,257	24/10/2020	We intend to invest in new sports equipment for our cadets, and equipment for the Duke of Edinburgh award expeditions.
Co-Operative Group - Grant to 1123 (Hooton Park) Squadron Air Training Corps
£3,913	24/10/2020	We would like to buy new adventure training and sports equipment to update or replace equipment that we have had for a number of years.
Co-Operative Group - Grant to 169 (St Blazey) Squadron, RAF Air Cadets
£4,451	24/10/2020	We would like to replace our ageing Duke of Edinburgh's Award equipment. The scheme gives qualifications to young people in our community.
Co-Operative Group - Grant to 1248 Prudhoe Squadron Air Training Corps
£7,219	24/10/2020	We would like to purchase sports and training equipment, and raise funds for a minibus to offer a greater spectrum of activities to cadets.
Co-Operative Group - Grant to 460 Dunstable Air Cadets, the Future Pilots
£7,626	24/10/2020	Each cadet will be able to control the simulator and gain experience on virtually flying a plane.
Co-Operative Group - Grant to 1387 (Liskeard) Squadron Duke of Edinburgh Award
£3,977	15/11/2019	To support our cadets completing their D of E Awards, we would like to buy equipment that is needed for expeditions and developing skills.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

MARK OSMAN Appointed: 2022

MR MIKE NEVILLE Appointed: 2018

NORMAN MURRAY CBE Appointed: 2024

OLIVER JONES-DAVIES Appointed: 2022

STUART JOHN ENSOR OBE Appointed: 2021

VICTORIA SARAH GRIDLEY Appointed: 2023

Legal constitution

Charity registered in England & Wales on 16/03/2015, number: 1160910

Gift Aid

Registered with HMRC for Gift Aid

Event History

04/06/2016 - Asset transfer in from THE STAN EASTON MEMORIAL AWARD
04/06/2016 - Asset transfer in from THE MALCOLM CLUB FUND FOR SCARMAN SCHOLARSHIPS
04/06/2016 - Asset transfer in from THE AIR TRAINING CORPS GENERAL PURPOSES FUND

Policies in force

Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

8 returns made; all on time

Main office

ROYAL AIR FORCE
CRANWELL
SLEAFORD
NG34 8HB

Objectives

THE OBJECTS OF THE CIO ARE TO CARRY ON SUCH CHARITABLE PURPOSES AS THE CHARITY TRUSTEES FROM TIME TO TIME THINK FIT FOR THE BENEFIT OF AIR TRAINING CORPS AND CADETS; AND WITHOUT LIMITING THE GENERALITY OF THE FOREGOING TO PROVIDE SUPPORT AND ACTIVITIES FOR YOUNG PEOPLE WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.

Data Sources

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