THE DAWN SAILING BARGE TRUST LIMITED
After completing the restoration of the Dawn, a Thames sailing barge, to seaworthiness in 2008 ,the role of the Trust is to ensure the safeguarding of the barge for the future. Its aim is to keep her in an outstanding condition whilst allowing a number of environmental and wellbeing activities aboard the barge in the waters of the Thames Estuary.Working with partners to achieve these aims.
Financial health, per its FY2025 accounts
The accounts state that the charity has negative unrestricted reserves of £79,042 and a net distributable deficit of £58,082. However, the directors confirm the company is prepared on a going concern basis due to the continued support of the directors and trustees, who have no doubts about its ability to continue operating.
What the accounts disclose
“The company has prepared accounts on the going concern basis despite the negative net distributable assets shown on the Balance Sheet. The company has the continued support of the company's directors/trustees who haven't any doubts regarding the company's ability to continue to operate.” — page 8
Trustees
- Gerard Swift
- Helen Mary Swift
- James Michael Frances Taylor
- PHILIP ROBERT ANDREW WILSON
- Richard Thomas Gadd
- Robert Alan Lightfoot
- SARAH KATY MORECOMBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52k | £36k |
| 31/03/2024 | £30k | £31k |
| 31/03/2023 | £423 | £2k |
| 31/03/2022 | £11k | £14k |
| 31/03/2021 | £0 | £48k |
Common questions
Is THE DAWN SAILING BARGE TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity has negative unrestricted reserves of £79,042 and a net distributable deficit of £58,082. However, the directors confirm the company is prepared on a going concern basis due to the continued support of the directors and trustees, who have no doubts about its ability to continue operating. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/05/2025 | £238k | "SB DAWN - NEW HORIZON COMMUNITY HUB PROJECT [ PILOT STAGE]" |
| The National Lottery Heritage Fund | 25/05/2023 | £60k | "SB Dawn - A New Horizon" |
| The National Lottery Heritage Fund | 06/09/2001 | £675k | "Restoration of the SB Dawn Sailing Barge" |