EMIH LIMITED
Registered charity 1073254 · accounts filings on the Charity Commission register · also known as RUNNING DEEP, RUNNING DEEP LIMITED, THE DEEP, THE DEEP MILLENIUM PROJECT, THE DEEP MILLENNIUM PROJECT
The objectives of the charity are: 1) to advance the educational and cultural welfare of the inhabitants of Kingston upon Hull and the community at large; and 2) to promote the conservation of marine organisms by establishing The Deep aquarium in Kingston upon Hull, incorporating an international centre of excellence for education, learning and research of the marine environment.
Causes: Education/training · Arts/culture/heritage/science · Animals · Environment/conservation/heritage · Economic/community Development/employment · Recreation · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the group reported an underlying net operational surplus of £1,702,384 for the year ended 31 January 2025, with total unrestricted reserves increasing to £43,987,497. The trustees maintain that reserves are sufficient to cover asset amortisation and provide working capital for at least six months of forecast expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: cover amortisation of assets plus six months' forecast expenditure (held: £44.0m)
“The trustees aim to ensure that reserves should be maintained at a level to cover the amortisation of these assets, plus an additional amount to provide working capital for the organisation, with this being an amount that would cover at least the next six months’ worth of forecast expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Smailes Goldie. Discloses 4 of 6 completeness components.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/01/2025)
Cost of raising funds
£1.8m
Reserves (reported)
£44.0m
Reported reserves equal ~48.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
- Barbara Celia George · trustee of 1 other charity
- Colin Charles Brown
- Dr Lloyd Benjamin Lee Glanville
- Lee James Morton
- Michael Tarbotton
- Professor Lesley Julia Morrell
- Richard John Frostick · trustee of 1 other charity
- Simon James Turner
Trustee list from the Charity Commission register (current, not historical).
Operates in: Kingston Upon Hull City
Income and spending
Common questions
Is EMIH LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the group reported an underlying net operational surplus of £1,702,384 for the year ended 31 January 2025, with total unrestricted reserves increasing to £43,987,497. The trustees maintain that reserves are sufficient to cover asset amortisation and provide working capital for at least six months of forecast expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Smailes Goldie.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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Side by side with its peers
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