THE MARINE TECHNOLOGY TRUST
The objects of the Trust are to foster and promote for the public benefit education, training and research in particular by providing opportunities for education, training and research to young people in matters connected with or bearing upon marine technology.
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a surplus of £12,891 for the year ended 30 June 2025, driven by investment income and a £20,000 restricted donation. Per the balance sheet, total assets stood at £153,057, comprising £96,564 in investments and £46,486 in cash and monetary assets, with no liabilities recorded.
What the accounts disclose
“The accounts are prepared on a receipts and payments basis in accordance with The Charities Act 2011 and applicable accounting standards.” — page 7
Trustees
- Dr RAJAPILLAI VELUPPILLAI AHILANchair
- Chloe Fisher
- Dr Daniel Walker
- Jake Anderson
- Prof Stephen Richard Turnock
- Rosalind Blazejczyk
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £27k | £12k |
| 30/06/2024 | £7k | £100 |
| 30/06/2023 | £9k | £3k |
| 30/06/2022 | £6k | £5k |
| 30/06/2021 | £5k | £6k |
Common questions
Is THE MARINE TECHNOLOGY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a surplus of £12,891 for the year ended 30 June 2025, driven by investment income and a £20,000 restricted donation. Per the balance sheet, total assets stood at £153,057, comprising £96,564 in investments and £46,486 in cash and monetary assets, with no liabilities recorded. Its FY2025 accounts were independently examined.