THE ERIC TWINAME TRUST
To give financial assistance towards the organisation of events & facilities which will enable & encourage pupils of schools & universities in the UK to participate in activities associated with sailing. To assist in the provision of boats & sailing equipment for such pupils, to provide bursaries for disadvantaged youngsters to enable them to pursue sailing activities, provision of coach boats.
Financial health, per its FY2025 accounts
The accounts state that the charity's net assets decreased from £760,018 to £763,314 (including investments) over the year, with unrestricted cash funds declining from £475,060 to £438,290. The trustees' report indicates a reserves policy aimed at maintaining up to seven years of planned expenditure, though no specific monetary target is defined. The charity relies on investment income and donations to fund its activities, with no disclosed pension deficits or trading subsidiaries.
What the accounts disclose
“Generally the aim is for up to 7 year’s planned expenditure to be maintained.”
Trustees
- PETER THOMAS WHIPPchair
- CHRISTOPHER JOHN REED
- DUNCAN IAN TRUSWELL
- JAMES JOHN RAFFERTY KIRKPATRICK
- Jonathan David Denwood
- Naomi Smith
- PETER BRUCE AITKEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £32k | £69k |
| 30/11/2024 | £34k | £40k |
| 30/11/2023 | £471k | £49k |
| 30/11/2022 | £21k | £39k |
| 30/11/2021 | £18k | £19k |
Common questions
Is THE ERIC TWINAME TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's net assets decreased from £760,018 to £763,314 (including investments) over the year, with unrestricted cash funds declining from £475,060 to £438,290. The trustees' report indicates a reserves policy aimed at maintaining up to seven years of planned expenditure, though no specific monetary target is defined. The charity relies on investment income and donations to fund its activities, with no disclosed pension deficits or trading subsidiaries. Its FY2025 accounts were independently examined.