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2025-03-31-accounts

To

Trustees' Annual Report for the period

Period start date Period end date 1 April 2024 31 March 2025

From

Section A Reference and administration details

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||| |---|---| |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|

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Registered charity number (if any) 1161611

Names of the charity trustees who manage the charity

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||| |---|---| |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| |=| |Section B Structure, governance and management| |Description of the charity’s trusts|

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Constitution Type of governing document (eg. trust deed, constitution)

How the charity is constituted (eg. trust, association, company)

Charitable Incorporated Organisation

The first three trustees are founding trustees, while the fourth was elected Trustee selection methods by the other trustees. (eg. appointed by, elected by)

March 2012

TAR

1

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

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 had due regard to the Charity Commission’s guidance on public benefit when planning and delivering the Institute’s activities.

During the financial year, the Institute continued its research in aviation and published papers in leading academic journals.

Members of the IAR team were also invited to deliver presentations at a range of seminars and professional events.

In addition, the Institute engaged with external partners in preparation for a major event planned for 2026.

Summary of the main During the reporting period, the Institute contributed to the advancement activities undertaken for the of education for the benefit of the public by promoting, on a non-political public benefit in relation to basis, independent and rigorous research into aviation and the air these objects (include within transport ecosystem, and by improving public understanding of aviation- this section the statutory related issues. 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:

March 2012

TAR

3

Section D Achievements and performance

Summary of the main During the year, IAR further strengthened its research activities and achievements of the charity international outreach, and published high-quality papers in leading during the year 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 ~~a~~ 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 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 2026

Section F Other optional information ~~___~~

March 2012

TAR

5

Institute for Aviation Research Institute for Aviation Research Institute for Aviation Research 1161611 1161611
Receipts andpayments accounts CC16a
For the period
from
~~ee~~
1/04/2024
~~ee~~
To 31/03/2025
~~ee~~
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 £ to the nearest £
A1 Receipts
Interests 108 - - - 108 1,835
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
~~Sub total~~ -
108
-
-
-
-
-
-
-
108
-
1,835
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
~~Sub total~~-
-
-
-
-
Total receipts 108
-
-
108
1,835
~~S555~~
A3 Payments
Office equipment 96 - - - 96 -
Bank charges 114 114 -
Website 1,658 1,658 -
Research -
-
- - - - - -
- - - - - -
- - - - - -
**Sub total ** 1,868 - - - 1,868 -
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments 1,868
-
-
1,868
-
Net of receipts/(payments)
- 1,760
-
-
- 1,760
1,835
A5 Transfers between funds
-
- -
-
-
A6 Cash funds last year end
-
- -
-
-
Cash funds this year end
- 1,760
-
- - 1,760
1,835
~~SS55—~~
~~=SS~~
~~SS=~~

CCXX R1 accounts (SS)

31/01/2026

1

Section B Statement of assets and liabilities at the end of the period
Categories
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
- 1,760
-
-
1,835
-
-
-
-
-
75
-
-
Cash funds this year end
Cash funds from previous years
B1 Cash funds
Details
Total cash funds
~~—~~
Section B Statement of assets and liabilities at the end of the period
Categories
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
- 1,760
-
-
1,835
-
-
-
-
-
75
-
-
Cash funds this year end
Cash funds from previous years
B1 Cash funds
Details
Total cash funds
~~—~~
Section B Statement of assets and liabilities at the end of the period
Categories
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
- 1,760
-
-
1,835
-
-
-
-
-
75
-
-
Cash funds this year end
Cash funds from previous years
B1 Cash funds
Details
Total cash funds
~~—~~
Section B Statement of assets and liabilities at the end of the period
Categories
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
- 1,760
-
-
1,835
-
-
-
-
-
75
-
-
Cash funds this year end
Cash funds from previous years
B1 Cash funds
Details
Total cash funds
~~—~~
Section B Statement of assets and liabilities at the end of the period
Categories
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
- 1,760
-
-
1,835
-
-
-
-
-
75
-
-
Cash funds this year end
Cash funds from previous years
B1 Cash funds
Details
Total cash funds
~~—~~
Section B Statement of assets and liabilities at the end of the period
Categories
Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £
to nearest £
to nearest £
- 1,760
-
-
1,835
-
-
-
-
-
75
-
-
Cash funds this year end
Cash funds from previous years
B1 Cash funds
Details
Total cash funds
~~—~~
(agree balances with receipts and payments (agree balances with receipts and payments
account(s)) Agreement Error OK OK
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~=—===~~
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
B4 Assets retained for the
charity’s own use
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~====~~
Fund to which Amount due When due
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
CCXX R2 accounts (SS)
liability relates
(optional)
(optional)
-
-
-
-
-
Date of
approval
31/01/2026
Print Name
ZhengLei
Signature
Details
2
31/01/2026
~~————~~