## **Trustees' Annual Report for the period**
Period start date Period end date 1 April 2023 31 March 2024 **From To**
## Section A Reference and administration details
**Charity name**
The Institute for Aviation Research
**Other names charity is known by**
IAR
**Registered charity number (if any)** 1161611 **Charity's principal address** Roxhill Manor Farm Roxhill Road Marston Moretaine Bedford **Postcode MK43 0QG** ~~——~~ **Names of the charity trustees who manage the charity Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any)** Prof Zheng Lei 11 May 2015 - Present Dr Cheung Kwok 11 May 2015 - Present Law Mrs Weihua Jiang 11 May 2015 - Present Dr John F 1 April 2016 - Present O’Connell ~~SS=~~ **Section B Structure, governance and management Description of the charity’s trusts** Constitution Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation How the charity is constituted (eg. trust, association, company) Three trustees are founding trustees while the fourth one was elected by Trustee selection methods the other trustees (eg. appointed by, elected by) ~~oo~~
March **2012**
**TAR**
1
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
**The Summary of the objects of the charity set out in its governing document**
To advance education, for the benefit of the public, by promotion, on a non-political basis, of research into aviation and air transport ecosystem and to improve public understanding of aviation related issues through independent and rigorous research
March **2012**
**TAR**
2
The trustees have considered the Charity Commission's guidance on public benefit when planning the activities of the Institute.
In this financial year, we have published some important research papers on leading academic journals, well received by the aviation community. We have also initiated a major research project on global airport connectivity study.
Members of the IAR team were also invited to give talks at various seminars and events.
**Summary of the main** In this reporting period, IAR has made contribution to advance education, **activities undertaken for the** for the benefit of the public, by promotion, on a non-political basis, of **public benefit in relation to** research into aviation and air transport ecosystem and to improve public **these objects (include within** understanding of aviation related issues through independent and **this section the statutory** rigorous research. **declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
Additional details of objectives and activities (Optional information)
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
March **2012**
**TAR**
3
Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
During this year, IAR has further strengthened its research activities and international outreach, and published a number of high quality papers in leading academic journals.
March **2012**
**TAR**
4
**Section E Financial review** IAR’s policy on reserves is to hold funds for working capital purposes and **Brief statement of the** as a contingency, should sufficient new funding not emerge. **charity’s policy on reserves Details of any funds materially** N.A. **in deficit** ~~oo~~
**Further financial review details (Optional information)**
- You **may choose** to include additional information, where relevant about: the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
- **Section F Other optional information** ~~_~~
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Zheng Lei **Position (eg Secretary, Chair,** Chair **etc) Date** 31 January 2025
March **2012**
**TAR**
5
||**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~|**Institute for Aviation Research**
**1161611**
**Receipts andpayments accounts**
4/1/2023
**To**
3/31/2024
**For the period**
**from**
~~es ee~~||**CC16a**
~~-~~|**CC16a**
~~-~~|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Section A Receipts and payments**|||||||||||||
||**Unrestricted**
**funds**|||**Restricted**
**funds**||**Endowment**
**funds**||**Total funds**||||**Last year**|
||**to the nearest £**|||**to the nearest £**||**to the nearest £**||**to the nearest £**||||**to the nearest £**|
|**A1 Receipts**|||||||||||||
||**249**|||**-**||**-**||**249**|**249**|||**22,790**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
|**_Sub total_ **|**249**|||**-**||**-**||**249**|**249**|||**22,790**|
|**_Sub total_**
**_Total receipts_ **
**A2 Asset and investment sales,**
**(see table).**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**249**
**-**
**-**
**249**
**22,790**
~~===———~~||||||||||||
|**A3 Payments**|||||||||||||
|Office equipment|**96**|||**-**||**-**||**96**|**96**|||**-**|
|Bank charges|**108**|||||||**108**|**108**|||**-**|
|Research|**21,000**|||||||**21,000**|**21,000**|||**-**|
|||||||||||||**-**|
|||||||||||||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
||**-**|||**-**||**-**||**-**|**-**|||**-**|
|**_Sub total_ **|**21,204**|||**-**||**-**||**21,204**|**21,204**|||**-**|
|**_Sub total_ **
**_Total payments_ **
**A4 Asset and investment**
**purchases, (see table)**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**21,204**
**-**
**-**
**21,204**
**-**
~~———_—=~~||||||||||||
|**_Net of receipts/(payments)_ **|**- 20,955**|||**-**||**-**||**- 20,955**|**- 20,955**|||**22,790**|
|**A5 Transfers between funds**|**-**|||**-**||**-**||**-**|**-**|||**-**|
|**A6 Cash funds last year end**|**-**|||**-**||**-**||**-**|**-**|||**-**|
|**_Cash funds this year end_ **|**- 20,955**|||**-**||**-**||**- 20,955**|**- 20,955**|||**22,790**|
## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**
**Restricted**||**Endowment**|
|---|---|---|---|---|---|
|**Categories**|**Details**||**funds**
**funds**||**funds**|
||||**to nearest £**
**to nearest £**||**to nearest £**|
|**B1 Cash funds**|Cash funds this year end
**- 20,955**
**-**
**-**
Cash funds from previous years
**22,790**
**-**
**-**
**-**
**-**
**-**
**1,835**
**-**
**-**
**_Total cash funds_**
~~—====~~|||||
||(agree balances with receipts and payments
account(s))|(agree balances with receipts and payments|Agreement Error
OK||OK|
||||**Unrestricted**
**Restricted**||**Endowment**|
||||**funds**
**funds**||**funds**|
||**Details**||**to nearest £**
**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~——_==~~|||||
||**Details**||**Cost (optional)**
**Fund to which**
**asset belongs**||**Current value**
**(optional)**|
|**B3 Investment assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~ee~~|||||
||**Details**||**Cost (optional)**
**Fund to which**
**asset belongs**||**Current value**
**(optional)**|
|**B4 Assets retained for the**
**charity’s own use**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
~~mane~~|||||
||||**Fund to which**
**Amount due**||**When due**|
||**Details**||**liability relates**
**(optional)**||**(optional)**|
|**B5 Liabilities**
Signed by one or two trustees on
behalf of all the trustees|**-**
**-**
**-**
**-**
**-**
Signature
Print Name
ZhengLei
1/31/2025
Date of
approval
~~———~~|||||