PLYMOUTH MARINE LABORATORY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss for the year of £858k, reducing total unrestricted funds to £7,552k. The trustees confirm that the charity's reserves policy target of six months' expenditure has been met, supported by a strong cash position and significant signed contracts.
What the accounts disclose
“The policy provides for the maintenance of general reserves (under unrestricted funds) at a level equivalent to at least six months’ expenditure”
“NERC and PML agreed to an observer attending PML Board meetings and this arrangement has been in place since March 2021.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Daniel Crockett
- Dr Beverley Anne Mackenzie
- Dr Jyotika Itee Virmani
- Dr Michaela Schratzberger
- Dr Veronique Garcon
- Kerin Jean Sequeira
- Mark James Butcher
- Nick Buckland
- Nigel John Godefroy
- Professor Richard Garth James Bellerby
- Timothy Paul Allen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £16.4m | £17.2m |
| 31/03/2024 | £15.7m | £16.1m |
| 31/03/2023 | £14.0m | £14.0m |
| 31/03/2022 | £15.0m | £14.6m |
| 31/03/2021 | £14.3m | £13.6m |
Common questions
Is PLYMOUTH MARINE LABORATORY financially healthy?
The accounts state that the charity reported a net loss for the year of £858k, reducing total unrestricted funds to £7,552k. The trustees confirm that the charity's reserves policy target of six months' expenditure has been met, supported by a strong cash position and significant signed contracts. Its FY2025 accounts were audited by PKF Francis Clark.
Who funds PLYMOUTH MARINE LABORATORY?
Funders whose own accounts filings name PLYMOUTH MARINE LABORATORY as a grant recipient include PARTNERSHIP FOR OBSERVATION OF THE GLOBAL OCEAN.
Known funders
| Funder | Year | Amount |
|---|---|---|
| PARTNERSHIP FOR OBSERVATION OF THE GLOBAL OCEAN | FY2024 | £10k |
| PARTNERSHIP FOR OBSERVATION OF THE GLOBAL OCEAN | FY2023 | £10k |