SOCIETY OF FRIENDS OF THE ROYAL NAVY SUBMARINE MUSEUM
The education of the public by promotion, support, assistance and improvement of the Royal Navy Submarine Museum, through the activities of a group of Friends.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves have risen to nearly £280,000, with £180,000 specifically allocated to the memorial wall successor project and £50,000 to the mezzanine project. The charity reports steady membership income of around £22,000 and notes that overall balance increased by £30,000 due to lower expenditure on new projects.
What the accounts disclose
“members subscriptions remained steady at around £22,000.” — page 3
Trustees
- Rear Admiral Jonathan Westbrookchair
- Chris Groves
- Craig Robert Fulton
- Francis Charles Porter Dickinson
- JOHN CLAYDEN
- MR TOM HERMAN OBE
- Matthew Thomas Clark
- PHILIP HIGGINS
- Robert Fancy
- Vincent William Dobbin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £61k | £30k |
| 31/03/2024 | £55k | £55k |
| 31/03/2023 | £191k | £60k |
| 31/03/2022 | £83k | £16k |
| 31/03/2021 | £31k | £26k |
Common questions
Is SOCIETY OF FRIENDS OF THE ROYAL NAVY SUBMARINE MUSEUM financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves have risen to nearly £280,000, with £180,000 specifically allocated to the memorial wall successor project and £50,000 to the mezzanine project. The charity reports steady membership income of around £22,000 and notes that overall balance increased by £30,000 due to lower expenditure on new projects. Its FY2025 accounts were independently examined.