The Red Arrows Charitable Trust Trustees, Report for the year ended 31", August 2025 Objects and Actlvlties Summary of the objects and maln actlvlties of the Charlty for the year, in accordance with its objectives as set out In Its governing document for the public benefit The Trust Fund is held for such charitable bodies as the Trustees shall from time to time, at their absolute discretion, think fit. Charitable bodies means The Royal Air Force Benevolent Fund, the Royal Air FOr￿S Association and other societies, organisations, institutions or other bodies, corporate or unincorporated now or established after the date of the governing document and existing exclusively for charitable purposes. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidan￿ on public benefit when reviewing the Charity's aims and objectives. The Charity provides public benefit by making grants or donations to other charities and organisations that the Trustees think fit. The Trustees disburse its income by way of grants as they shall in their absolute discretion, think fit. The Trust receives payments from the Ministry of Defence pursuant to the terms of a revenue sharing agreement whereby The Ministry of Defence make payment to the Charity pursuant to an agreement for the sale of Trade Marks and Designs relating to the Red Arrows. Occasionally the Charity receives voluntary donations. The Trustees plan to continue the activitles outlined In the forthcomlng years subject to satisfactory funding arrangements. Achievements and Performance Summary of the main achievements of the Charlty for the period The Charity re￿iVed the sum of £148,868.26 during the year from the Ministry of Defence. There were also 8 other donations totalling £5,772.86. The Trustees were delighted to award grants in the sum of £129,650.50 (2024: £98,197). The largest individual donation from other than the MOD was £2,809.08 from the legacy of Patricia Samworth. Financial Review The Charity's pollcy on reserves With minimal running costs, the Trustees consider that is unnecessary to hold large reserves for annual running costs. However, the Charity has made a number of multi-year comitments to charitable organisations, and this necessitates that a reserve be kept if possible, to ensure that these commitments are met should there be an unforeseen fall in income. All of the information on funding reserves is contained within the Reserves Policy. The Red Arrows Charitable Trust 8t Trustees, report for the year ended 31 August 2025 (continued) The Charity's pollcy on managing risk The Red Arrows Trust has a risk policy that is reviewed every three years. The Trust utilises a 5x5 risk register matrix and actively manages appropriate mitigation for each risk. This is reviewed at each trustee board meeting and captured in the minutes. Key risks ￿ntreS around the potential for future decreases in income. Details of Funds materially In deficit None in deficit. Structure, governance and management Description of Charity's trusts The Charity's objects are as described above Type of Governing document The Charity was constituted by a Deed of Trust dated 4° August 1981 and is governed under the tems of the Trust Deed. How the Charity is constituted Deed of Trust Trustee selection methods The power to appoint new trustees is vested in the Trustees. Additional governance issues The Charity is registered with the Charity Commission, registration number 283461. The Trustees are responsible for the strategic direction of the Charity and establishing policy. The trustees are aware of all risks to which the Charity is exposed and these are regularly reviewed. The Trustees meet half yearly or on any other occasion as the Charity matters require. Reference and administration details Charity Name The Red Arrows Trust Registered Charity Number 284361 Charlty's prlnclpal address 2 Somes Close, Uffington, Stamford, Lincs, PE9 4UE The Red Arrows Charitable Trust St Trustees, report for the year ended 31 August 2025 (continued) Admlnistrative and Treasurer's address 2 Somes Close, Uffington, Stamford, Lincs, PE9 4UE Names of the charity trustees who manage the Charlty GM Waterfall- Chair RL Huxford SE Varley NA Fraser S Race Name and address of advisors Bankers Metro Bank, 29 Long Causeway, Peterborough, PE11YJ Declaratlon The Trustees declare that they have approved the Trustees report above Slgned on behalf of the Charity's Trustees Signature: Full Name: Gary Waterfall Position: Chairman Date: 09 June 2026 THE RED ARROWS CHARITABLE TRUST Reglstered Charlty 283461 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 2025 2024 Donations received MOD Patricia Samworth Legacy David Kirk Legacy HCAP WC of Woolmen Stripe Payments UK 148,868.26 2,809.08 42.50 150.00 2,615.75 155.5: 154 641.12 80,458.12 0.00 0.00 200.00 860.00 19.56 81537.68 Gross bank interest received 154,641.12 81,537.68 Less: Charitable donations made COS fumiture & picnic tables Accounts Examinerfs costs Bank charges Trustee expenses 129,650.50 5,733.91 0.00 0.00 730.6: 136 115.03 98,197.00 0.00 0.00 0.00 O.CK) 98 197.00 Excess of expenditure over income 18,526.09 (16,659.32) Add: balance on General Fund brought forward 132,309.69 148,969.01 Balance on General Fund carried fO￿ard 150,835.78 132 309.69 BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 CURRENT ASSETS Cash at bank Metro Bank Community Account 160 103.28 137 809.69 160,103.28 137 809.69 Less: sundry creditor Cheque 800096 Cheque 800097 Blind Veterans St Andrews Hospice 2,000.00 7,267.50 9.267.50 5,500.00 132 309.69 REPRESENTED BY:. Unrestricted fund as at 31 August 2025 150,835.78 132,309.69 The Trustees approved these accounts on 09 June 2026. GM Waterfall Trustee ## **Independent examiner’s report to the trustees of The Red Arrows Trust** I report to the trustees on my examination of the accounts of The Red Arrows Trust (the Trust) for the year ended 31 August 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: Katherine Rogers Relevant professional qualification or membership of professional bodies (if any): FMAAT Address: A&K Associates, 15 The Green, Ketton, Stamford PE9 3RA Date: 05.01.26