THE CIRDAN SAILING TRUST (INCORPORATING THE FARAMIR TRUST) LIMITED
To provide young people, in particular those who are disadvantaged or at risk of educational or social exclusion, with self-development, integration and learning opportunities through the challenge and disciplines of life at sea aboard large sailing vessels to underpin success in education and employment and help them thrive in modern society.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a deficit for the year of £279,278, primarily due to a non-cash impairment charge of £355,000 on its sailing vessels. Despite this, the trustees report that the Trust remains financially stable with cash at year-end of £269,180 and free reserves providing 4.7 months of coverage against its policy target of three months.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Adrienne Elizabeth Lea Clarke
- BRIAN CHRISTOPHER SAINSBURY
- CHARLES GORDON FRANK ANDERSON
- Capt Simon Hodgkinson
- Dr MICHAEL CLIVE JACKSON
- Gemma Telford
- Jamie Paul Hare
- Jessica Mary Reedham Berney
- Jonathan Francis Weil
- Nicola Jane Willis
- Sarah Courtauld
- William Bulgin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £719k | £998k |
| 31/12/2024 | £567k | £618k |
| 31/12/2023 | £600k | £567k |
| 31/12/2022 | £507k | £483k |
| 31/12/2021 | £434k | £417k |
Common questions
Is THE CIRDAN SAILING TRUST (INCORPORATING THE FARAMIR TRUST) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a deficit for the year of £279,278, primarily due to a non-cash impairment charge of £355,000 on its sailing vessels. Despite this, the trustees report that the Trust remains financially stable with cash at year-end of £269,180 and free reserves providing 4.7 months of coverage against its policy target of three months. Its FY2025 accounts were independently examined.
Who funds THE CIRDAN SAILING TRUST (INCORPORATING THE FARAMIR TRUST) LIMITED?
Funders whose own accounts filings name THE CIRDAN SAILING TRUST (INCORPORATING THE FARAMIR TRUST) LIMITED as a grant recipient include CHAPMAN CHARITABLE TRUST, THE WILLIAM ALLEN YOUNG CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CHAPMAN CHARITABLE TRUST | FY2024 | £3k | |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DUCHY HEALTH CHARITY LIMITED | 2 | £146k |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | 2 | £113k |
| PETER HARRISON FOUNDATION | 2 | £55k |
| THE RYA FOUNDATION | 2 | £17k |
| THE SHIPWRIGHTS CHARITABLE FUND | 2 | £3k |
| GRANGE FARM CENTRE | 1 | — |
| THE MILLENNIUM OAK TRUST | 1 | — |
| REARDON SMITH NAUTICAL TRUST | 1 | £164k |
Charities like this
- CHILDREN'S SAILING TRUST
- THE ISLAND TRUST LIMITED
- THE SCARAMOUCHE SAILING TRUST
- SAILSHIP TRAINING AND LEARNING FOR LIFE
- OCEAN YOUTH TRUST SOUTH
- THE AHOY CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CIRDAN SAILING TRUST (INCORPORATING THE FARAMIR TRUST) LIMITED | £719k | — | 0 | above | — | no doubt |
| CHILDREN'S SAILING TRUST | £1.4m | — | 0 | unclear | — | no doubt |
| THE ISLAND TRUST LIMITED | £273k | — | 0 | unclear | 11.3% | no doubt |
| THE SCARAMOUCHE SAILING TRUST | £351k | — | 0 | unclear | 12.0% | no doubt |
| SAILSHIP TRAINING AND LEARNING FOR LIFE | £343k | — | 0 | unclear | — | no doubt |
| OCEAN YOUTH TRUST SOUTH | £852k | — | 0 | unclear | 7.0% | no doubt |