THE NORFOLK HERITAGE FLEET TRUST

Registered charity 1052303 · accounts filings on the Charity Commission register · also known as THE HUNTER FLEET

To education of the public by the provision of facilities for sail training and to maintain, promote, restore, conserve, and develop historic and traditional sailing craft.

Causes: Education/training · Amateur Sport · Environment/conservation/heritage · website · Get email alerts

Latest income
£479k
Latest spending
£451k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net movement in funds of a £763 decrease for the year ended 31 December 2025, with total funds carried forward at £542,589. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity's reserves policy targets a level equivalent to 6 months of expenditure, approximately £225,000, against which the current expendable reserves of £196,821 are below the stated target.

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

What the accounts disclose

Reserves policy: 6 months expenditure, which amounts to approximately £225,000 (held: £197k)
“It is the long term intention of the Directors to build up the reserves within the General Fund and the Repair Fund to a level equivalent to 6 months expenditure, which amounts to approximately £225,000.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 21
“During the year management fees of £240,000 (2024 - £239,150) were paid from Hunter's Fleet Limited, the trading subsidiary, to the Trust.” — page 41
“R H Neate, a Trustee of the Trust, is also a Partner of Forvis Mazars LLP. During the year the Trust received a donation of £1,000 (2024 - £Nil) from Forvis Mazars LLP.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 21
“During the year management fees of £240,000 (2024 - £239,150) were paid from Hunter's Fleet Limited, the trading subsidiary, to the Trust.” — page 41
“R H Neate, a Trustee of the Trust, is also a Partner of Forvis Mazars LLP. During the year the Trust received a donation of £1,000 (2024 - £Nil) from Forvis Mazars LLP.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 21
“During the year management fees of £240,000 (2024 - £239,150) were paid from Hunter's Fleet Limited, the trading subsidiary, to the Trust.” — page 41
“R H Neate, a Trustee of the Trust, is also a Partner of Forvis Mazars LLP. During the year the Trust received a donation of £1,000 (2024 - £Nil) from Forvis Mazars LLP.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Hunter's Fleet Limited
“The Trust's wholly owned subsidiary Hunter's Fleet Limited carried out non-charitable trading activities for the Trust and was incorporated on 12 February 1996.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — Hunter's Yard Ludham (matched by registered charity number).

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
31/12/2025£479k£451k
31/12/2024£436k£433k
31/12/2023£378k£345k
31/12/2022£319k£373k
31/12/2021£345k£287k

Common questions

Is THE NORFOLK HERITAGE FLEET TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of a £763 decrease for the year ended 31 December 2025, with total funds carried forward at £542,589. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. The charity's reserves policy targets a level equivalent to 6 months of expenditure, approximately £225,000, against which the current expendable reserves of £196,821 are below the stated target. Its FY2025 accounts were independently examined.

Who funds THE NORFOLK HERITAGE FLEET TRUST?

Funders whose own accounts filings name THE NORFOLK HERITAGE FLEET TRUST as a grant recipient include Norwich Freemen's Charity, THE GEOFFREY WATLING CHARITY, ALAN BOSWELL GROUP CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
Norwich Freemen's CharityFY2026£25kThe provision of sailing experiences for young people
THE GEOFFREY WATLING CHARITYFY2025£10k
ALAN BOSWELL GROUP CHARITABLE TRUSTFY2024£10k

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund15/12/2023£154k"Starfish - Making a difference"
The National Lottery Heritage Fund06/07/2020£75k"COVID19 Norfolk Heritage Fleet Trust"
The National Lottery Heritage Fund06/03/1996£200k"Norfolk Heritage Fleet, Ludham"

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 WHERRY YACHT CHARTER CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE NORFOLK HERITAGE FLEET TRUST£479k—0unclear—no doubt
WHERRY YACHT CHARTER CHARITABLE TRUST FY2025£136k—0unclear—no doubt
THE FALKLANDS MARITIME HERITAGE TRUST FY2024£1.5m—0unclear—no doubt
HMS VICTORY PRESERVATION ENDOWMENT FUND FY2025£563k—0above—no doubt
PILGRIM HERITAGE SAILING FOUNDATION FY2024£160k—0unclear—no doubt
THE SCARAMOUCHE SAILING TRUST FY2025£351k—0unclear12.0%no doubt

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