CHATHAM MARITIME TRUST
Financial health, per its FY2025 accounts
The accounts state that total reserves increased to £26,454,721, with unrestricted reserves standing at £22,046,531. The charity reported a net movement in funds of £505,758 for the year, supported by significant investment gains. The trustees confirmed there is no material uncertainty regarding the entity's ability to continue as a going concern.
What the accounts disclose
“During the year a number of Trustees, key management personnel lived on St Mary’s Island. The total annual service charge received from all occupants was £3,068 (2024 - £2,412). Amounts due to Chatham Maritime trust at 31 March 2025 was £ 2,656 (2024 - £3,309).” — page 50
“On 28 May 2025, a trading subsidiary of Chatham Maritime Trust was incorporated, Chatham Maritime Management Ltd (company number 16478405).” — page 50
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANTHONY PHILLIP SUTTONchair
- Christopher Reynolds
- DEBORAH JEAN SIMS CEng FCIHT
- David John Taylor
- Habib Odunlamin Sulaiman Tejan
- KELLY JANE TOLHURST MP
- Louise Humphrey
- Matthew Brown
- Mona Koshkouei
- Mr Bob Russell
- Paul Barnard
- Simon Curry
- Siobhan Roberta Draper
- Tanya Louise Ferry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £1.8m |
| 31/03/2024 | £1.8m | £1.6m |
| 31/03/2023 | £2.3m | £1.8m |
| 31/03/2022 | £2.5m | £2.2m |
| 31/03/2021 | £2.5m | £1.5m |
Common questions
Is CHATHAM MARITIME TRUST financially healthy?
The accounts state that total reserves increased to £26,454,721, with unrestricted reserves standing at £22,046,531. The charity reported a net movement in funds of £505,758 for the year, supported by significant investment gains. The trustees confirmed there is no material uncertainty regarding the entity's ability to continue as a going concern. Its FY2025 accounts were audited by UHY Hacker Young.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WEST LOOE TOWN TRUST | 1 | £3k |