THE ISLAND TRUST LIMITED

Registered charity 1049722 · accounts filings on the Charity Commission register · also known as THE ISLAND TRUST

To provide and assist in the provision of facilities for recreation in the interests of social welfare and in particular facilities for sailing to persons who have need for such facilities by reason of their social and economic circumstances or their disablement or infirmity with the object of improving the conditions of life of such persons.

Causes: Education/training · Amateur Sport · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£273k
Latest spending
£382k
Registered
1995
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a net deficit for the year, primarily due to non-cash provisions against loans made to its operating subsidiary. However, the trustees note that excluding these provisions, the trust recorded a small surplus, and cash reserves improved significantly during the year. The trustees are satisfied that the charity is entitled to exemption from audit and have no material uncertainties regarding going concern.

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

What the accounts disclose

Fundraising cost ratio: 11.3% of fundraised income, as disclosed
“Cost of raising funds of £30,873 (2024: £35,020) was unrestricted.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 6 months' anticipated expenditure (held: £316k)
“The trustees therefore consider it desirable to maintain a general reserve of 6 months’ anticipated expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee loans repaid
“At 31 December 2025, £nil (2024: £70,000) was owed by the charity to the trustees S Dobson and C Macdonald-Brown in an interest free loan with no formal loan agreement.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Island (Cutter) Limited
“The charity wholly owns the UK subsidiary Island (Cutter) Limited. The subsidiary’s principal activity is the hire of boats for transport for in excess of ten people.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Corporate structure

ISLAND (CUTTER) LIMITED — per its own Companies House accounts
  • Turnover: £373k
  • Profit before tax: £-127k

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/12/2022)

Total income
£772k
Total spending
£635k
Cost of raising funds
£31k
Reserves (reported)
£584k
Employees
2

Reported reserves equal ~11.0 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, cost of raising funds: 4.0% of total income — above the median for charities its size (2.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2025£273k£382k
31/12/2024£284k£394k
31/12/2023£434k£787k
31/12/2022£772k£635k
31/12/2021£329k£506k

Common questions

Is THE ISLAND TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a net deficit for the year, primarily due to non-cash provisions against loans made to its operating subsidiary. However, the trustees note that excluding these provisions, the trust recorded a small surplus, and cash reserves improved significantly during the year. The trustees are satisfied that the charity is entitled to exemption from audit and have no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.

Who funds THE ISLAND TRUST LIMITED?

Funders whose own accounts filings name THE ISLAND TRUST LIMITED as a grant recipient include THE CHARLES LEWIS FOUNDATION, REARDON SMITH NAUTICAL TRUST, THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS, THE FRANK JACKSON FOUNDATION, SIR ROBERT GEFFERY'S ALMSHOUSE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE CHARLES LEWIS FOUNDATIONFY2025£108kTowards the costs of their Ocean Discoverability programme for the young people they support to experience sailing and other maritime activities.
REARDON SMITH NAUTICAL TRUSTFY2024£53k
REARDON SMITH NAUTICAL TRUSTFY2022£49k
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2022£44kLifeboat grants
THE FRANK JACKSON FOUNDATIONFY2022£36k
THE FRANK JACKSON FOUNDATIONFY2023£36k
REARDON SMITH NAUTICAL TRUSTFY2025£35k
THE FRANK JACKSON FOUNDATIONFY2024£28k
REARDON SMITH NAUTICAL TRUSTFY2023£28k
THE FRANK JACKSON FOUNDATIONFY2025£26k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUSTFY2025£18k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUSTFY2023£18kGrant funding of activities
THE CLARE MILNE TRUSTFY2022£12k
THE CLARE MILNE TRUSTFY2024£10k
THE GOSLING FOUNDATION LIMITEDFY2023£10kYouth
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2022£9kHammond Innes Bursaries
SIR ROBERT GEFFERY'S ALMSHOUSE TRUSTFY2022£6kRelief in Need
THE FARRINGDON HOUSE SCHOOL CHARITABLE TRUSTFY2025£5k
JOHNNIE JOHNSON TRUSTFY2021£5k
JOHNNIE JOHNSON TRUSTFY2022£5k
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2025£4kHammond Innes Bursaries
THE DWF FOUNDATIONFY2022£3k
SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATIONFY2024£3k
THE STERRY FAMILY FOUNDATIONFY2023£3k
THE STERRY FAMILY FOUNDATIONFY2024£3kChildren
THE DIXIE ROSE FINDLAY CHARITABLE TRUSTFY2024£3k
THE DIXIE ROSE FINDLAY CHARITABLE TRUSTFY2022£3k
DUCHY HEALTH CHARITY LIMITEDFY2026£2k
THE STERRY FAMILY FOUNDATIONFY2022£2k
THE SIR JAMES ROLL CHARITABLE TRUSTFY2025£1k
BIRKDALE TRUST FOR HEARING IMPAIRED LTDFY2024£1k
THE SHIPWRIGHTS CHARITABLE FUNDFY2022£600

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund17/08/2020£10k"COVID 19 The Island Trust"
Sport England16/06/2020£10kCOVID-19 CEF
The National Lottery Community Fund12/04/2018£10kOcean discovery on board a Tall Ship
Sport England30/03/2017£10kSailing Superstars
The National Lottery Community Fund05/10/2016£3kExplore, Dream, Discover
The National Lottery Heritage Fund15/04/2015£65k"Restoration of historic vessel - Moosk"

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ISLAND TRUST LIMITED£273k—0unclear11.3%no doubt
HARTLEPOOL UNITED COMMUNITY SPORTS FOUNDATION FY2025£199k—0unclear—no doubt
SETTLE AREA SWIMMING POOL FY2026£659k—0above—no doubt
THE EXETER CANAL AND QUAY TRUST LIMITED FY2025£377k—0unclear—no doubt
BRIDPORT AND WEST DORSET SPORTS TRUST LIMITED FY2025£1.5m—0unclear—no doubt
THE CIRDAN SAILING TRUST (INCORPORATING THE FARAMIR TRUST) LIMITED FY2025£719k—0above—no doubt

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