THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS

Registered charity 1083059 · accounts filings on the Charity Commission register · also known as ASTO, THE ASSOCIATION OF SEA 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.

Area of benefit: NOT DEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Amateur Sport · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Eastleigh, South East, England (from the postcode on the register)

Latest income
£233k
Latest spending
£411k
Registered
2000
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (73% of income)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: to generate income to fund the Association’s activities for the indefinite future (reserves figure: £9.9m)
“The trustees believe this level of investment is necessary to generate income to fund the Association’s activities for the indefinite future.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from State Street Foundation, a related entity of State Street Bank where trustee Raymond Cockrem is Senior Vice President.
“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).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Investment in SDPR Series Trust S&P 500 ETF managed by State Street.
“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).”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Blue Spire Limited. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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

Source: this charity’s annual returns on the Charity Commission register.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2025£21kYouth Opportunities and Training
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2024£21kYouth Opportunities and Training

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WESTON SAILING CLUB.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS£233k—0above—no doubt
WESTON SAILING CLUB FY2025£49k—0above—no doubt
EAST ANGLIAN SAILING TRUST FY2025£67k—0unclear—no doubt
HAWLEY LAKE SAIL TRAINING CENTRE FY2025£187k—0unclear—no doubt
Sail Training Trust FY2025£195k——within—no doubt
ARMY SAILING ASSOCIATION FY2025£963k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.