THE HMS TRINCOMALEE TRUST

Registered charity 1007784 · accounts filings on the Charity Commission register

The maintenance, conservation and presentation of the frigate HMS Trincomalee. The Trust opens the Ship for public visits, educational and learning visits, functions and events throughout the year.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£185k
Latest spending
£184k
Registered
1992
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total incoming resources were £184,657, entirely derived from a grant by the National Museum, while total expenditure was £184,156, resulting in a net surplus of £501. The charity holds significant net assets of £21,394,195, primarily consisting of heritage assets, though its free unrestricted reserves are minimal at £672. The Trustees and auditors confirm the going concern basis is appropriate, with future expenditure limited to governance costs and grants to the operator.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: no requirement to accumulate free reserves (held: £672)
The Group policy is that there is no requirement to accumulate free reserves within the subsidiary charities and trusts and that any reserves held will be appropriately used, as approved by the Board, for the furtherance of the Trust’s charitable objects.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£185k£184k
31/03/2024£77k£77k
31/03/2023£44k£35k
31/03/2022£5k£6k
31/03/2021£13k£11k

Common questions

Is THE HMS TRINCOMALEE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that total incoming resources were £184,657, entirely derived from a grant by the National Museum, while total expenditure was £184,156, resulting in a net surplus of £501. The charity holds significant net assets of £21,394,195, primarily consisting of heritage assets, though its free unrestricted reserves are minimal at £672. The Trustees and auditors confirm the going concern basis is appropriate, with future expenditure limited to governance costs and grants to the operator. Its FY2025 accounts were audited by Price Bailey LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund30/11/2007£120k"HMS Trincomalee-information, interpretation and lower rigging"
Northern Rock Foundation10/10/2006£158kGrant awarded to HMS Trincomalee Trust (Tees Valley)
The National Lottery Heritage Fund01/04/2005£46k"HMS Trincomalee - Final restoration costs"
Northern Rock Foundation08/07/2003£242kGrant awarded to HMS Trincomalee Trust (Tees Valley)
The National Lottery Heritage Fund22/07/1997£116k"HMS Trincomalee, Hartlepool - Development Study"
The National Lottery Heritage Fund20/05/1997£4.0m"HMS Trincomalee Restoration Project, Hartlepool"
The National Lottery Heritage Fund22/11/1995£975k"HMS Trincomalee, Hartlepool"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SS GREAT BRITAIN TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE HMS TRINCOMALEE TRUST£185k0unclearno doubt
SS GREAT BRITAIN TRUST FY2025£5.1m£90,001 - £100,0002belowno doubt
THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE FY2024£189k0aboveno doubt
THE WELLINGTON TRUST FY2025£364k0unclearno doubt
NMRN OPERATIONS FY2025£21.5munclearno doubt
NATIONAL MARITIME MUSEUM CORNWALL TRUST FY2025£2.4m£80,001 - £90,000unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.