Stella Maris
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £6,473,847, with consolidated reserves standing at this figure. The trustees have determined a minimum reserves balance of approximately £4.5m is required, leaving approximately £2m in free unrestricted reserves available for investment in charitable activities.
What the accounts disclose
“The number of employees whose employee benefits (excl employer pension costs) exceeded £60,000 was: 2025 1” — page 33
“the Trustees have determined that the Charity needs to maintain a target Reserves balance of £4.5m, providing cover for at least 12 months operating costs” — page 12
“The total amount of donations to the Charity received from trustees during the year was £541 (2024: £223). No other related party transactions have been reported.” — page 37
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (17/06/2024)
- Received assets from another charity (25/04/2019)
Trustees
- Christopher McDade
- Edward Donati
- James Cashman
- James Muir
- John Stanley Hood
- Karen Young
- Maria Lourdes Crowe
- Rev David Burke
- Rev Edward Nicholas Hugh Gilbert Bishop
- Robert Ashdown
- Rt Rev Paul James Mason
- Theresa Crossley
- William Ogbonna Azuh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.1m | £3.0m |
| 31/12/2024 | £2.6m | £2.7m |
| 31/12/2023 | £2.7m | £2.3m |
| 31/12/2022 | £2.4m | £2.7m |
| 31/12/2021 | £2.1m | £2.6m |
Common questions
Is Stella Maris financially healthy?
The accounts state that total funds increased to £6,473,847, with consolidated reserves standing at this figure. The trustees have determined a minimum reserves balance of approximately £4.5m is required, leaving approximately £2m in free unrestricted reserves available for investment in charitable activities. Its FY2025 accounts were audited by Price Bailey LLP.
Who funds Stella Maris?
Funders whose own accounts filings name Stella Maris as a grant recipient include DIOCESE OF HEXHAM AND NEWCASTLE, THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND, MERCHANT NAVY WELFARE BOARD, BALTIC EXCHANGE CHARITABLE FOUNDATION, THE I T F SEAFARERS TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| DIOCESE OF HEXHAM AND NEWCASTLE | FY2024 | £66k |
| DIOCESE OF HEXHAM AND NEWCASTLE | FY2023 | £40k |
| DIOCESE OF HEXHAM AND NEWCASTLE | FY2025 | £23k |
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | FY2025 | £20k |
| MERCHANT NAVY WELFARE BOARD | FY2025 | £12k |
| BALTIC EXCHANGE CHARITABLE FOUNDATION | FY2022 | £10k |
| MERCHANT NAVY WELFARE BOARD | FY2025 | £5k |
| MERCHANT NAVY WELFARE BOARD | FY2025 | £5k |
| THE I T F SEAFARERS TRUST | FY2023 | £2k |
| EDITH BESSIE GIBSON TRUST | FY2025 | £2k |
| EDITH BESSIE GIBSON TRUST | FY2023 | £2k |
| EDITH BESSIE GIBSON TRUST | FY2024 | £2k |
| EDITH BESSIE GIBSON TRUST | FY2022 | £2k |
| The Caledonia Investments Charitable Foundation | FY2023 | £1k |
| THE I T F SEAFARERS TRUST | FY2022 | £1k |
| The Seafarers' Charity (King George's Fund for Sailors) | FY2022 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LESLIE MARY CARTER CHARITABLE TRUST | 3 | £18k |
| THE ANNIE TRANMER CHARITABLE TRUST | 3 | £4k |
| ANSON CHARITABLE TRUST | 2 | £8k |
| FRAZER TRUST | 2 | £4k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST THOMAS WITH ALL SAINTS, LYMINGTON, WINCHESTER | 1 | — |
| LLOYD'S REGISTER FOUNDATION | 1 | £460k |
| E B M CHARITABLE TRUST | 1 | £75k |
| AEONIAN FOUNDATION | 1 | £74k |