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.
Objects
TO ORGANISE, PROVIDE OR ASSIST IN THE ORGANISATION AND PROVISION OF FACILITIES WHICH WILL ENABLE AND ENCOURAGE PUPILS OF SCHOOLS AND UNIVERSITIES IN THE UNITED KINGDOM TO SAIL OR YACHT RACE OR TO PARTICIPATE IN NAY ACTIVITY ASSOCIATED SOLELY WITH YACHTING THEREBY TO ASSIST IN ENSURING THAT DUE ATTENTION IS GIVEN TO THE PHYSICAL EDUCATION AND DEVELOPMENT OF SUCH PUPILS AS WELL AS TO THE DEVELOPMENT AND OCCUPATION OF THEIR MINDS.
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.”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/11/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/11/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/11/2023
- Grant-making is its main activity
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEAR NEIGHBOURS | 1 | £188k |
| THE VALENTINE CHARITABLE TRUST | 1 | £36k |
| THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION | 1 | £35k |
| CIVIC POWER FUND | 1 | £17k |
| THE VALIANT CHARITABLE TRUST | 1 | £5k |
| WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST | 1 | £5k |
| THE RYA FOUNDATION | 1 | £3k |
| BIRMINGHAM VOLUNTARY SERVICE COUNCIL | 1 | £2k |
Charities like this
- THE ERIC FRANK TRUST
- THE CHESIL SAILING TRUST
- EAST ANGLIAN SAILING TRUST
- RIVERSIDE CHARITABLE TRUST LIMITED
- SAILSHIP TRAINING AND LEARNING FOR LIFE
- THRIVE TOGETHER BIRMINGHAM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ERIC TWINAME TRUST | £32k | — | 0 | unclear | — | no doubt |
| THE ERIC FRANK TRUST | £22k | — | 0 | unclear | — | no doubt |
| THE CHESIL SAILING TRUST | £21k | — | 0 | unclear | — | no doubt |
| EAST ANGLIAN SAILING TRUST | £67k | — | 0 | unclear | — | no doubt |
| RIVERSIDE CHARITABLE TRUST LIMITED | £46k | — | 0 | unclear | — | no doubt |
| SAILSHIP TRAINING AND LEARNING FOR LIFE | £343k | — | 0 | unclear | — | no doubt |