SOCIETY FOR NAUTICAL RESEARCH
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a surplus of £113,592 for the year ended 31 December 2024, with total net assets increasing to £5,690,279. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
Trustees
- Captain Peter Henry King
- Christopher John Brandon
- Dr Alison Averil Telfer
- Dr Catherine Elisabeth Cecilia Scheybeler
- Dr Claire Elaine Jowitt
- Dr Derek Victor Nudd
- Dr Hannah Cunliffe
- Dr Hannah Melissa Stockton
- Dr John David Davies
- Dr Katherine Parker
- Dr Mark Alfred Barton
- Dr Matthew Joseph Heaslip
- Dr Nicholas Hewitt
- Paul Michael Bugden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £261k | £155k |
| 31/12/2023 | £238k | £136k |
| 31/12/2022 | £219k | £294k |
| 31/12/2021 | £305k | £228k |
| 31/12/2020 | £198k | £119k |
Common questions
Is SOCIETY FOR NAUTICAL RESEARCH financially healthy?
The accounts state that the charity recorded a surplus of £113,592 for the year ended 31 December 2024, with total net assets increasing to £5,690,279. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 2 | £42k |
| The Seafarers' Charity (King George's Fund for Sailors) | 1 | — |
| THE I T F SEAFARERS TRUST | 1 | £99k |
| BALTIC EXCHANGE CHARITABLE FOUNDATION | 1 | £10k |
| THE ANCHOR FOUNDATION | 1 | £5k |
| MERCHANT NAVY WELFARE BOARD | 1 | £5k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |
| The Patricia Routledge Foundation | 1 | £2k |