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.
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).”
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 |
|---|---|---|
| GRANGE FARM CENTRE | 1 | — |
| THE GIRDLERS' COMPANY CHARITABLE TRUST | 1 | £55k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £41k |
| DEPTFORD CHALLENGE TRUST LIMITED | 1 | £28k |
| TALLOW CHANDLERS BENEVOLENT FUND NO 2 | 1 | £18k |
| SIR WILLIAM BOREMAN'S FOUNDATION | 1 | £15k |
| THE MRS SMITH AND MOUNT TRUST | 1 | £15k |
| THE NORTHWICK TRUST | 1 | £15k |
Charities like this
- THE AHOY CENTRE
- SAILSHIP TRAINING AND LEARNING FOR LIFE
- THE ASTROLOGICAL ASSOCIATION
- THE MARITIME EDUCATIONAL FOUNDATION
- SAIL TRAINING INTERNATIONAL
- HUMBERSIDE OFFSHORE TRAINING ASSOCIATION
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 |
| THE AHOY CENTRE | £549k | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| SAILSHIP TRAINING AND LEARNING FOR LIFE | £343k | — | 0 | unclear | — | no doubt |
| THE ASTROLOGICAL ASSOCIATION | £112k | — | 0 | unclear | — | no doubt |
| THE MARITIME EDUCATIONAL FOUNDATION | £6.9m | — | 0 | unclear | — | no doubt |
| SAIL TRAINING INTERNATIONAL | £981k | — | — | unclear | — | no doubt |