Ocean Conservation Trust Limited
Advance the education of the public in, and promote the conservation of, living marine and freshwater aquatic organisms by the provision of an aquarium and museum and other programmes of education and research and to disseminate the useful results of such research for the benefit of the public
Objects
To promote and contribute to the conservation, protection and improvement of the Ocean and of all forms of aquatic life and to the conservation and regeneration of aquatic habitats, species and ecosystems that sustain life, all for the benefit of the public. To advance the education of the public in the conservation, protection and improvement of the Ocean and of all forms of aquatic life and in the conservation and regeneration of aquatic habitats, species, and ecosystems that sustain life by the provision of an aquarium and or other programmes of education and research and to disseminate the useful results of such research all for the benefit of the public.
Financial health, per its FY2026 accounts
The accounts state that the group ended the year with net cash of £2,126,339, equivalent to approximately 5.1 months of operating costs, which is below the previous year's 5.9 months. The group reported a net expenditure of £834,258 for the year, resulting in a decrease in unrestricted free reserves to £1,577,000. Despite this deficit, the trustees confirmed the group remains a going concern with adequate resources to continue operational existence for the foreseeable future.
What the accounts disclose
“The number of employees whose emoluments fell within the following bands was: 2026 No 2 1 1 £60,001 - £70,000 £70,001 - £80,000 £100,001 - £110,000” — page 56
“The number of employees whose emoluments fell within the following bands was: 2026 No 2 1 1 £60,001 - £70,000 £70,001 - £80,000 £100,001 - £110,000” — page 56
“For every £1 spent on fundraising we raised £2.29 to deliver our charitable objectives.”
“The Trustees have set a free reserves level that would cover 3 months of operating costs (approximately £1.26m) over the next 3-5 years. We are delighted to have exceeded that and currently hold 3.8 months of cover.” — page 34
“The Charity has several wholly owned subsidiaries, namely: • NMA Operations Limited – a company limited by shares that manages the trading operations incorporating retail, café and functions sales and associated trading costs. • National Aquarium Limited – a charitable company limited by shares makes grants to external conservation projects. • Scylla Reef Limited – a company limited by shares set up solely to hold legal title to an artificial reef (dormant company).” — page 29
Year-over-year changes
- Top pay band moved from £90,001 - £100,000 (FY2025) to £100,001 - £110,000 (FY2026).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/01/2026
- Volunteers: 100
- Government income: £137,850 — grants £137,850 (1); 2% of the £7,107,851 total gross income on the same return
- Employees paid over £60,000: 4 (£60,001–£70,000: 2; £70,001–£80,000: 1; £100,001–£110,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/01/2025
- Volunteers: 100
- Government income: £95,468 — grants £95,468 (1); 1% of the £7,488,002 total gross income on the same return
- Employees paid over £60,000: 4 (£60,001–£70,000: 3; £80,001–£90,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/01/2024
- Volunteers: 100
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
- Has a trading subsidiary
Structured financials (annual return, FY ending 31/01/2026)
Register events
- Received assets from another charity (22/09/2026)
Trustees
- William Joseph Oultonchair
- Charlotte Davies
- Joseph Patrick Lavery
- Matej PFAJFAR
- Paul Cox
- Professor Jeremy Alan Roberts
- Stefano Tiratelli
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £7.1m | £7.9m |
| 31/01/2025 | £7.5m | £7.6m |
| 31/01/2024 | £7.0m | £6.7m |
| 31/01/2023 | £6.4m | £5.7m |
| 31/01/2022 | £5.2m | £4.5m |
Common questions
Is Ocean Conservation Trust Limited financially healthy?
Per its FY2026 accounts: The accounts state that the group ended the year with net cash of £2,126,339, equivalent to approximately 5.1 months of operating costs, which is below the previous year's 5.9 months. The group reported a net expenditure of £834,258 for the year, resulting in a decrease in unrestricted free reserves to £1,577,000. Despite this deficit, the trustees confirmed the group remains a going concern with adequate resources to continue operational existence for the foreseeable future. Its FY2026 accounts were audited by PKF Francis Clark LLP.
What does the highest-paid employee of Ocean Conservation Trust Limited earn?
Per its FY2026 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 4 employees earned over £60,000.
Who funds Ocean Conservation Trust Limited?
Funders whose own accounts filings name Ocean Conservation Trust Limited as a grant recipient include THE DIXON FOUNDATION, CHAPMAN CHARITABLE TRUST, ST ALBANS UNITED REFORMED CHURCH CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WHEELER MILL FOUNDATION | FY2025 | Unverified read£59k | |
| THE DIXON FOUNDATION | FY2023 | £50k | |
| THE DIXON FOUNDATION | FY2024 | £15k | |
| CHAPMAN CHARITABLE TRUST | FY2024 | £3k | |
| ST ALBANS UNITED REFORMED CHURCH CHARITY | FY2025 | £95 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/08/2026 | £17k | Blue Mind Hub |
| Calouste Gulbenkian Foundation, UK Branch | 28/10/2020 | £20k | Ocean Conservation Trust |
| Calouste Gulbenkian Foundation, UK Branch | 18/11/2019 | £4k | National Marine Aquarium Limited |
| The National Lottery Community Fund | 23/08/2018 | £10k | Young Carers Ocean Squad |
| The National Lottery Community Fund | 13/05/2015 | £10k | Communi-cate Community and Conservation in Action at the National Mari |
| The National Lottery Heritage Fund | 27/11/2012 | £509k | "Seagrass for Seahorses" |
| The National Lottery Community Fund | 24/08/2005 | £5k | The Museum will launch a drawing event. |
| The National Lottery Community Fund | 07/04/2005 | £2.6m | National Marine Aquarium: Explorocean |
| The National Lottery Heritage Fund | 25/01/2002 | £48k | "National Marine Aquarium - Web Based Learning - Pilot Project" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FAT FACE FOUNDATION | 2 | £110k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £160k |
| THE CRUCIBLE FOUNDATION | 1 | £150k |
| JOHN ELLERMAN FOUNDATION | 1 | £150k |
| THE SCHRODER FOUNDATION | 1 | £100k |
| THE ACCESS FOUNDATION | 1 | £85k |
| THE SIMMONS AND SIMMONS CHARITABLE FOUNDATION | 1 | £63k |
| THE ORP FOUNDATION | 1 | £50k |
Charities like this
- MARINE CONSERVATION SOCIETY
- CHAGOS CONSERVATION TRUST
- OCEANA UK
- Ocean Generation
- THE CLASSIC BOAT CENTRE TRUST
- LOWER URE CONSERVATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Ocean Conservation Trust Limited | £7.1m | £100,001 - £110,000 | 4 | above | 43.7% | no doubt |
| MARINE CONSERVATION SOCIETY | £5.3m | £80,001 - £90,000 | — | within | 20.0% | no doubt |
| CHAGOS CONSERVATION TRUST | £40k | — | 0 | unclear | — | no doubt |
| OCEANA UK | £2.3m | — | 5 | within | — | no doubt |
| Ocean Generation | £705k | over £60,000 | 1 | below | — | no doubt |
| THE CLASSIC BOAT CENTRE TRUST | £79k | — | 0 | unclear | — | no doubt |