EMIH LIMITED
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.
Objects
THE OBJECTS ("THE MAIN OBJECTS") FOR WHICH THE COMPANY IS ESTABLISHED ARE TO ADVANCE THE EDUCATION AND CULTURAL WELFARE OF THE INHABITANTS OF KINGSTON UPON HULL (THE CITY) IN PARTICULAR AND THE COMMUNITY AT LARGE AND TO PROMOTE THE CONSERVATION OF MARINE ORGANISMS BY ESTABLISHING IN THE CITY AN AQUARIUM/MUSEUM AND AN INTERNATIONAL CENTRE OF EXCELLENCE FOR EDUCATION LEARNING AND RESEARCH INTO AND FIRST HAND EXPERIENCE OF THE MARINE ENVIRONMENT
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.
What the accounts disclose
“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.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Barbara Celia George
- Colin Charles Brown
- Dr Lloyd Benjamin Lee Glanville
- Lee James Morton
- Michael Tarbotton
- Professor Lesley Julia Morrell
- Richard John Frostick
- Simon James Turner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £9.6m | £11.0m |
| 31/01/2024 | £9.1m | £10.7m |
| 31/01/2023 | £9.0m | £10.5m |
| 31/01/2022 | £7.2m | £8.5m |
| 31/01/2021 | £4.9m | £8.1m |
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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 19/09/2005 | £38k | "UK Corals - A National Treasure" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DIXON FOUNDATION | 1 | £65k |
| WHEELER MILL FOUNDATION | 1 | £59k |
| CHAPMAN CHARITABLE TRUST | 1 | £3k |
Charities like this
- Ocean Conservation Trust Limited
- MALDIVES WHALE SHARK RESEARCH PROGRAMME LIMITED
- ROYAL INSTITUTION OF NAVAL ARCHITECTS
- SWIMATHON FOUNDATION
- THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE
- THE AIM FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EMIH LIMITED | £9.6m | — | — | above | — | no doubt |
| Ocean Conservation Trust Limited | £7.5m | — | — | above | 27.0% | no doubt |
| MALDIVES WHALE SHARK RESEARCH PROGRAMME LIMITED | £250k | — | 0 | unclear | — | no doubt |
| ROYAL INSTITUTION OF NAVAL ARCHITECTS | £1.9m | £100,001 - £110,000 | 5 | unclear | — | no doubt |
| SWIMATHON FOUNDATION | £771k | — | 0 | below | — | no doubt |
| THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE | £189k | — | 0 | above | — | no doubt |