SAIL TRAINING INTERNATIONAL
The development and education of young people of all nationalities, religions, cultures and social background through sail training and the promotion of international understanding and friendship. Sail Training International is the worldwide voice of sail training and the medium by which member national sail training organisations plan and execute international projects, programmes and activities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £56,789 for the year ended 31 March 2024, resulting in total funds decreasing from £249,135 to £192,346. The trustees' report indicates that the reduced cost base ensures the organisation remains flexible and that the position for the next five years looks positive, with 2024 expected to be a breakeven year. Furthermore, the accounts note that level 3 of the reserves policy will be applicable from 2025 to 2030, facilitating an investment of £250k over that period.
What the accounts disclose
“from 2025 to 2030 level 3 of the reserves policy will be applicable which will facilitate an investment in a combination of bursaries and infrastructure to the tune of £250k over the five-year period.” — page 12
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- James Georgechair
- Jack Michael Dignan
- Jill Kathryn Hughes
- LENA Weweler
- Lucy Gross Mudie
- Murray Henstock
- Philip Cotton
- Richard Anthony Warner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £981k | £941k |
| 31/03/2024 | £381k | £438k |
| 31/03/2023 | £327k | £401k |
| 31/03/2022 | £864k | £675k |
| 31/03/2021 | £498k | £698k |
Common questions
Is SAIL TRAINING INTERNATIONAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £56,789 for the year ended 31 March 2024, resulting in total funds decreasing from £249,135 to £192,346. The trustees' report indicates that the reduced cost base ensures the organisation remains flexible and that the position for the next five years looks positive, with 2024 expected to be a breakeven year. Furthermore, the accounts note that level 3 of the reserves policy will be applicable from 2025 to 2030, facilitating an investment of £250k over that period. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 2 | £107k |
| THE I T F SEAFARERS TRUST | 1 | £228k |
| PETER DIXON CHARITABLE TRUST | 1 | £105k |
| THE POINTER FAMILY TRUST | 1 | £75k |
| THE PATRICK & HELENA FROST FOUNDATION | 1 | £60k |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | 1 | £56k |
| THE LAMBERT CHARITABLE TRUST | 1 | £5k |
| CHAPMAN CHARITABLE TRUST | 1 | £3k |
Charities like this
- SAILSHIP TRAINING AND LEARNING FOR LIFE
- THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS
- INTERNATIONAL MARITIME RESCUE FEDERATION
- SAIL
- OCEAN YOUTH TRUST SOUTH
- THE MARITIME EDUCATIONAL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SAIL TRAINING INTERNATIONAL | £981k | — | — | unclear | — | no doubt |
| SAILSHIP TRAINING AND LEARNING FOR LIFE | £343k | — | 0 | unclear | — | no doubt |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | £233k | — | 0 | above | — | no doubt |
| INTERNATIONAL MARITIME RESCUE FEDERATION | £388k | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| SAIL | £135k | — | 0 | unclear | — | no doubt |
| OCEAN YOUTH TRUST SOUTH | £852k | — | 0 | unclear | 7.0% | no doubt |