WHITBY MISSION AND SEAFARERS TRUST
The Trust maintains a Christian Ministry to seafarers and their families by the provision of a reading room, chapel and recreational facilities for the use of the inhabitants of Whitby.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £8,742 for the year ended 31 December 2024, primarily due to increasing costs for the café. Free reserves held in a deposit account totalled £40,217, which the trustees noted were needed to balance accounts during variable income periods and for major repairs. The trustees have reviewed the financial position and plan to operate the café for only 9 months in 2025.
What the accounts disclose
“Reserves are held in a deposit account and are needed to balance the accounts at a time when café income is variable and for major repairs”
“The trustees reviewed the situation and the café will open for 9 months in 2025”
Trustees
- Rev MICHAEL GOBBETTchair
- MICHAEL RUSSELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £96k | £105k |
| 31/12/2023 | £98k | £105k |
| 31/12/2022 | £88k | £108k |
| 31/12/2021 | £80k | £75k |
| 31/12/2020 | £63k | £92k |
Common questions
Is WHITBY MISSION AND SEAFARERS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £8,742 for the year ended 31 December 2024, primarily due to increasing costs for the café. Free reserves held in a deposit account totalled £40,217, which the trustees noted were needed to balance accounts during variable income periods and for major repairs. The trustees have reviewed the financial position and plan to operate the café for only 9 months in 2025. Its FY2024 accounts were independently examined.