THE ROYAL AIR FORCE BENEVOLENT FUND
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Cash
£16M
+126% vs 2023
Net assets
£126M
+2.7% vs 2023
Employees
123
-4.7% vs 2023
Profit before tax
-£620K
+88.3% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £18,812,000 | £21,649,000 | |
| Operating profit | — | — | |
| Profit before tax | -£5,321,000 | -£620,000 | |
| Net profit | -£668,000 | £1,550,000 | |
| Cash | £6,947,000 | £15,703,000 | |
| Total assets less current liabilities | £125,422,000 | £125,868,000 | |
| Net assets | £122,618,000 | £125,868,000 | |
| Equity | £122,618,000 | £125,868,000 | |
| Average employees | 129 | 123 | |
| Wages | £5,402,000 | £5,054,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | -3.6% | 7.2% | |
| Gearing (liabilities / total assets) | 3.9% | 1.9% | |
| Current ratio | 7.24x | 10.31x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Our conclusion is that there is no doubt about the Charity's ability to continue operating as a going concern.”
Group structure
- THE ROYAL AIR FORCE BENEVOLENT FUND · parent
- RAF Benevolent Fund Housing Trust Limited 1%
- RAF Dependants Fund 1%
- RAF Dependants Income Trust Limited 1%
- RAF Benevolent Fund Trustees Limited 1%
- RAFBF Trading Limited 1%
- RAFBF Property Company Limited 1%
- RAF Disabled Holiday Trust 1%
Significant events
- “2024 marked the centenary of the Royal Auxiliary Air Force, an important milestone that celebrated 100 years of dedicated service.”
- “June 2024 brought the 80th anniversary of D-Day, a solemn and stirring moment in our national consciousness.”
- “A key milestone in the year was the successful launch of a bold new face-to-face fundraising campaign.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AKINBORO, Victoria | Secretary | 2021-09-03 | — | — |
| ALLEN, Sophie Joanne, Wing Commander | Director | 2022-09-30 | Nov 1982 | British |
| ARNOLD, Allyson | Director | 2021-06-01 | Jul 1976 | British |
| AYLMER, Patrick Anthony Richard | Director | 2021-06-01 | Dec 1963 | Irish |
| BENJAMIN, Alison | Director | 2021-06-01 | Jul 1979 | British |
| CRYER, Richard Anthony | Director | 2021-06-01 | Oct 1947 | British |
| DANIEL, Richard Nicholas | Director | 2022-02-01 | Apr 1960 | British |
| DAVIS, Sarah Jane | Director | 2020-06-01 | Mar 1977 | British |
| IRVINE, Alastair Charles Hamilton | Director | 2012-11-27 | Aug 1962 | British |
| MARTLAND, Clive Alan, Wing Commander | Director | 2022-09-30 | Mar 1968 | British |
| MAYHEW, Susan Meredith | Director | 2022-09-30 | Aug 1970 | British |
| NEILSON, John Morrison | Director | 2025-09-01 | Jul 1959 | British |
| PORTER, Alan Fraser | Director | 2024-11-01 | Sep 1963 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOHM, Ernie | Secretary | 2011-03-02 | 2012-03-13 |
| HIGGINS, Paul | Secretary | 2017-06-13 | 2021-09-03 |
| NEVILLE, Michael, Group Captain | Secretary | 2012-03-13 | 2017-06-13 |
| ADAMSON, Kathryn Elizabeth | Director | 2016-09-20 | 2020-10-23 |
| BAGNALL, Pamela, Lady | Director | 2010-03-22 | 2014-11-25 |
| BEET, Nigel | Director | 2011-06-07 | 2013-09-24 |
| BRINDLE, Frances Anne Maria | Director | 2014-09-29 | 2022-09-28 |
| CASEMORE, Sarah | Director | 2021-06-01 | 2022-02-25 |
| CHEYNE, David Watson | Director | 2014-11-25 | 2023-03-31 |
| COUZENS, David, Avm | Director | 2010-03-22 | 2014-11-25 |
| CRAIG, Graeme Robert | Director | 2016-09-20 | 2024-12-31 |
| CRITCHLEY, Stephen Richard, Dr | Director | 2012-11-27 | 2012-11-27 |
| CRITCHLEY, Stephen Richard, Dr | Director | 2012-11-27 | 2020-11-26 |
| DOUGHERTY, Simon, Air Vice-Marshal | Director | 2012-03-27 | 2020-06-01 |
| HARPER, Simon, Air Commodore | Director | 2016-09-05 | 2019-06-11 |
| HASTIE, Arabella | Director | 2010-03-22 | 2016-09-20 |
| HAYNES, Laurie | Director | 2010-03-22 | 2012-11-27 |
| HAYNES, Lawrence John | Director | 2005-11-15 | 2022-01-27 |
| INGHAM, Richard Mark | Director | 2016-09-20 | 2021-03-25 |
| LEA, Anthony | Director | 2008-12-04 | 2016-09-20 |
| OPIE, Alan, Air Commodore | Director | 2013-09-24 | 2016-09-05 |
| ORZEL, Marie-Noelle | Director | 2014-11-25 | 2022-11-30 |
| PEAKE, Andrew | Director | 2010-03-22 | 2012-05-29 |
| PRENDERGAST, Rachel Sarah | Director | 2022-09-30 | 2025-06-20 |
| RAFFE, Victoria | Director | 2005-11-15 | 2013-12-31 |
| RAINFORD, David, Air Commodore | Director | 2010-03-22 | 2012-03-27 |
| SHANKLAND, Graeme | Director | 2016-09-20 | 2021-07-06 |
| TOWLE, Bridget | Director | 2010-03-22 | 2013-12-31 |
| TRENCHARD, Hugh Viscount, Viscount | Director | 2005-12-31 | 2013-12-31 |
| VAUGHAN, Allan, Air Commodore | Director | 2010-03-22 | 2016-09-20 |
| WALTERS, Peggy Iona Esther | Director | 2022-09-30 | 2024-05-18 |
| WEST, Elaine, Air Vice-Marshal | Director | 2016-09-05 | 2022-04-23 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 93 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-23 | AA | accounts | Accounts with accounts type group | |
| 2025-09-10 | CH01 | officers | Change person director company with change date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-16 | AA | accounts | Accounts with accounts type group | |
| 2023-10-26 | CH03 | officers | Change person secretary company with change date | |
| 2023-04-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-30 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type group | |
| 2022-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-15 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+15.1%
£18,812,000 £21,649,000
-
Cash
+126%
£6,947,000 £15,703,000
-
Net assets
+2.7%
£122,618,000 £125,868,000
-
Employees
-4.7%
129 123
-
Profit before tax
+88.3%
-£5,321,000 -£620,000
-
Wages
-6.4%
£5,402,000 £5,054,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers