THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS
ASTO distributes bursary funds to member organisations to support the provision of Sail Training opportunities in the UK. It organises events such as the Small Ships' Races to promote Sail Training, runs international exchanges with other Sail Training organisations, and encourages greater participation. It gathers evidence of the outcomes and actively promotes Sail Training and its benefits.
Objects
SUCH OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS ARE EXCLUSIVELY CHARITABLE IN ACCORDANCE WITH THE LAWS OF ENGLAND AND WALES AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) THROUGH PROMOTING THE PROVISION OF OPPORTUNITIES FOR SEA TRAINING UNDER SAIL OR POWER (1) TO PROVIDE INSTRUCTION TO YOUNG PERSONS AND TO ADULTS WITH DISABILITIES IN THE PRINCIPALS OF RESPONSIBILITY, RESOURCEFULNESS, LOYALTY AND TEAM ENDEAVOUR AND (2) TO ADVANCE EDUCATION IN THE ART OF SEAMANSHIP.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit for the year of £178,191, primarily due to total resources expended exceeding incoming resources, although this was offset by significant gains on investments. Per the trustees' report, unrestricted reserves stood at £9,929,485, which the trustees consider sufficient to generate income to fund the Association’s activities for the indefinite future.
What the accounts disclose
“Total incoming resources for the year ended 31 October 2025 were £233,130 (2024: £261,908) and the charity’s principal funding sources continued to be investment income, donations and grants.” — page 8
“The trustees believe this level of investment is necessary to generate income to fund the Association’s activities for the indefinite future.” — page 8
“During the year, the charity received a donation of £7,895 from the State Street Foundation, a related entity of State Street Bank, where Raymond Cockrem, one of the trustees, holds the position of Senior Vice President.” — page 21
“In addition, the charity has invested funds within SDPR Series Trust S&P 500 ETF, which is managed by State Street, the carrying value of amounts invested within this fund at the year end was £645,346 (2024: £552,135).”
“During the year, the charity received a donation of £7,895 from the State Street Foundation, a related entity of State Street Bank, where Raymond Cockrem, one of the trustees, holds the position of Senior Vice President.” — page 21
“In addition, the charity has invested funds within SDPR Series Trust S&P 500 ETF, which is managed by State Street, the carrying value of amounts invested within this fund at the year end was £645,346 (2024: £552,135).”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- 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
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/10/2025
- Volunteers: 3
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/10/2024
- Volunteers: 4
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/10/2023
- Volunteers: 15
- Grant-making is its main activity
Register events
- Received assets from another charity (07/09/2023)
Trustees
- Mark Toddchair
- Amanda Butcher
- Annant Shah
- CLAIRE ELIZABETH THATCHER
- CRAIG BERNARD BURTON
- David George Snelson
- John Brian Hansen Johnson
- Lindsay Elizabeth Bridges
- Martin Coles
- Neil Victor Northmore
- Raymond John Cockrem
- TIMOTHY JOHN JAMES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £233k | £411k |
| 31/10/2024 | £262k | £362k |
| 31/10/2023 | £259k | £350k |
| 31/10/2022 | £278k | £435k |
| 31/10/2021 | £250k | £1.2m |
Common questions
Is THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit for the year of £178,191, primarily due to total resources expended exceeding incoming resources, although this was offset by significant gains on investments. Per the trustees' report, unrestricted reserves stood at £9,929,485, which the trustees consider sufficient to generate income to fund the Association’s activities for the indefinite future. Its FY2025 accounts were audited by Blue Spire Limited.
Who funds THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS?
Funders whose own accounts filings name THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS as a grant recipient include THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | FY2025 | £21k | Youth Opportunities and Training |
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | FY2024 | £21k | Youth Opportunities and Training |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARMY CENTRAL FUND | 1 | £25k |
| THE SHIPWRIGHTS CHARITABLE FUND | 1 | £7k |
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | 1 | £6k |
| THE HILDEN CHARITABLE FUND | 1 | £5k |
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £5k |
| WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST | 1 | £5k |
| THE RYA FOUNDATION | 1 | £3k |
| The Greaves & Withey Foundation | 1 | £2k |
Charities like this
- WESTON SAILING CLUB
- EAST ANGLIAN SAILING TRUST
- HAWLEY LAKE SAIL TRAINING CENTRE
- Sail Training Trust
- ARMY SAILING ASSOCIATION
- THE SWIMMING TEACHERS ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | £233k | — | 0 | above | — | no doubt |
| WESTON SAILING CLUB | £49k | — | 0 | above | — | no doubt |
| EAST ANGLIAN SAILING TRUST | £67k | — | 0 | unclear | — | no doubt |
| HAWLEY LAKE SAIL TRAINING CENTRE | £187k | — | 0 | unclear | — | no doubt |
| Sail Training Trust | £195k | — | — | within | — | no doubt |
| ARMY SAILING ASSOCIATION | £963k | — | 0 | unclear | — | no doubt |