MERCY SHIPS - U.K LTD
Financial health, per its FY2025 accounts
The accounts state that total income increased by 13% to £11.2m, while total expenditure rose by 26% to £13.6m, resulting in a net decrease in funds. Per the trustees' report, unrestricted free reserves stood at £3.5m at year-end, representing 6.7 months of operating costs, which the directors consider adequate for future operations.
What the accounts disclose
“This represented 6.7 months’ operating costs for the 2026 total budget.”
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (05/06/2026)
- Received assets from another charity (12/02/2026)
- Received assets from another charity (11/08/2025)
- Received assets from another charity (16/02/2023)
- Received assets from another charity (03/01/2023)
- Received assets from another charity (01/04/2021)
Trustees
- Ade Adeyemi
- Alisdair Fraser
- Angharad Jane Milenkovic
- Bernard Hickman
- Dr Michelle Claire White
- Leo Hurk-Hang Cheng
- Lois Boyle
- Michael Spence Dr
- Naiomi Ashanthi Thalayasingam
- Paul Benjamin Ramsbottom
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £11.2m | £13.6m |
| 31/12/2024 | £9.9m | £11.0m |
| 31/12/2023 | £9.8m | £9.5m |
| 31/12/2022 | £9.9m | £8.8m |
| 31/12/2021 | £9.3m | £8.6m |
Common questions
Is MERCY SHIPS - U.K LTD financially healthy?
The accounts state that total income increased by 13% to £11.2m, while total expenditure rose by 26% to £13.6m, resulting in a net decrease in funds. Per the trustees' report, unrestricted free reserves stood at £3.5m at year-end, representing 6.7 months of operating costs, which the directors consider adequate for future operations. Its FY2025 accounts were audited by Azets Audit Services.
Who funds MERCY SHIPS - U.K LTD?
Funders whose own accounts filings name MERCY SHIPS - U.K LTD as a grant recipient include THE CALLEVA FOUNDATION, THE ALBORADA TRUST, THE VARDY FOUNDATION, THE NORTHWICK TRUST, THE SENECA TRUST.