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COWES TOWN WATERFRONT TRUST LIMITED

Registered charity 1019760 · accounts filings on the Charity Commission register

To promote the provision of facilities for recreation in the interest of social welfare and to advance sailing and watersports in the waters around Cowes, and in furtherance of this object to provide facilities for mooring and storage of boats.To promote the culture and heritage of Cowes and the Isle of Wight.To promote the protection and improvement of the environment of Cowes Harbour.

Causes: Education/training · Amateur Sport · Environment/conservation/heritage · website · Get email alerts

Latest income
£2.0m
Latest spending
£1.6m
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group achieved a surplus of £632,631 for the year ended 31 March 2025, with unrestricted funds totaling £5,836,634. The trustees report that free reserves are £563,286, supplemented by £1,884,000 in investment properties, and consider assets sufficient to support continuing capital expenditure and charitable obligations for the foreseeable future.

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

What the accounts disclose

Related-party transaction: Marina licence paid by subsidiary to charity
“During the year the Charity's subsidiary, Cowes Yacht Haven Limited, paid the Charity £382,000 (2024 £328,500) in relation to a Marina licence.” — page 28
“During the year, the Charity also paid a management charge to Cowes Yacht Haven Limited amounting to £35,000 (2024 £35,000).” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management charge paid by subsidiary to charity
“During the year the Charity's subsidiary, Cowes Yacht Haven Limited, paid the Charity £382,000 (2024 £328,500) in relation to a Marina licence.” — page 28
“During the year, the Charity also paid a management charge to Cowes Yacht Haven Limited amounting to £35,000 (2024 £35,000).” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Distribution from subsidiary to charity
“During the year the Charity's subsidiary, Cowes Yacht Haven Limited, paid the Charity £382,000 (2024 £328,500) in relation to a Marina licence.” — page 28
“During the year, the Charity also paid a management charge to Cowes Yacht Haven Limited amounting to £35,000 (2024 £35,000).” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Cowes Yacht Haven Limited
“The Charity has one subsidiary, Cowes Yacht Haven Limited, which is incorporated in the UK.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore (South) LLP. Discloses 3 of 6 completeness components.

Property (HM Land Registry)

9 registered titles in England and Wales held by the charity’s company or corporate body (6 freehold); recorded price paid £165k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.0m
Total spending
£1.6m
Reserves (reported)
£563k
Employees
17

Reported reserves equal ~4.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (84% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Isle Of Wight

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£1.6m
31/03/2024£2.0m£1.7m
31/03/2023£1.9m£1.6m
31/03/2022£1.7m£1.4m
31/03/2021£1.2m£1.2m

Common questions

Is COWES TOWN WATERFRONT TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the group achieved a surplus of £632,631 for the year ended 31 March 2025, with unrestricted funds totaling £5,836,634. The trustees report that free reserves are £563,286, supplemented by £1,884,000 in investment properties, and consider assets sufficient to support continuing capital expenditure and charitable obligations for the foreseeable future. Its FY2025 accounts were audited by Moore (South) LLP.

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.

FunderSimilar charities fundedAmount to them
REARDON SMITH NAUTICAL TRUST1£164k
THE FRANK JACKSON FOUNDATION1£126k
THE CHARLES LEWIS FOUNDATION1£108k
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS1£56k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUST1£41k
THE CLARE MILNE TRUST1£22k
THE EDWARD GOSTLING FOUNDATION1£10k
JOHNNIE JOHNSON TRUST1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with West Wight Sports and Community Centre Trust Ltd.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
COWES TOWN WATERFRONT TRUST LIMITED£2.0m——unclear—no doubt
West Wight Sports and Community Centre Trust Ltd FY2025£1.3m—0below—no doubt
WEYMOUTH SAILING CLUB CIO FY2025£275k—0above—no doubt
THE ISLAND TRUST LIMITED FY2025£273k—0unclear11.3%no doubt
ROYAL ALBERT DOCK TRUST FY2025£903k——unclear—no doubt
COMMUNITY ACTION ISLE OF WIGHT FY2025£2.0m—0above—no doubt

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