THE MARITIME EDUCATIONAL FOUNDATION
A range of activities to support rating and officer training and development, including provision of rating apprenticeship places, officer training places, rating to officer conversion, updating certification and supporting relevant industry activities and projects.
Financial health, per its FY2025 accounts
The accounts state that the charity holds £19.3 million in unrestricted reserves, significantly higher than the prior year's £13.9 million, driven by a net income of over £5.1 million. The Trustees note that reserves have built up because training providers cannot always accommodate charity cadets, and they are currently considering a new reserves policy. The charity maintains a strong liquidity position with £1.7 million in cash and £10.4 million in Treasury deposits, supported by an unqualified audit opinion.
What the accounts disclose
“Grant awarded by The Maritime Training Trust 6,506,646” — page 18
“In 2025 the Maritime Training Trust unconditionally agreed to award a grant of £6,506,646 (2024: £5,554,088) to the Maritime Educational Foundation to promote the charity in its primary charitable objectives.” — page 21
“The Chamber of Shipping Limited supplies project management and administration services to the Charity. Fees charged in respect of these services in the year totalled £47,355, inclusive of irrecoverable VAT” — page 21
“In 2025 the Maritime Training Trust unconditionally agreed to award a grant of £6,506,646 (2024: £5,554,088) to the Maritime Educational Foundation to promote the charity in its primary charitable objectives.” — page 21
“The Chamber of Shipping Limited supplies project management and administration services to the Charity. Fees charged in respect of these services in the year totalled £47,355, inclusive of irrecoverable VAT” — page 21
“In 2025 the Maritime Training Trust unconditionally agreed to award a grant of £6,506,646 (2024: £5,554,088) to the Maritime Educational Foundation to promote the charity in its primary charitable objectives.” — page 21
“The Chamber of Shipping Limited supplies project management and administration services to the Charity. Fees charged in respect of these services in the year totalled £47,355, inclusive of irrecoverable VAT” — page 21
In the news
Corporate structure
- Registered company of the charity Companies House 04251334
Company officers (Companies House)
- DAWSON, Kristy Marie on trustee list
- WEISE, Thomas on trustee list
- GRAY, Martyn Edward James on trustee list
- PROCTER, Darren David on trustee list
- APPLETON, David Mathew on trustee list
- ROBERTS, Clifford Owen not on trustee list
- BELL, Susan
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- CLIFF ROBERTS
- Darren Procter
- David Appleton
- Kristy Marie Dawson
- Martyn Edward James Gray
- Thomas Weise
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £6.9m | £1.8m |
| 31/12/2024 | £5.9m | £2.0m |
| 31/12/2023 | £6.0m | £1.1m |
| 31/12/2022 | £3.8m | £816k |
| 31/12/2021 | £2.5m | £1.0m |
Common questions
Is THE MARITIME EDUCATIONAL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds £19.3 million in unrestricted reserves, significantly higher than the prior year's £13.9 million, driven by a net income of over £5.1 million. The Trustees note that reserves have built up because training providers cannot always accommodate charity cadets, and they are currently considering a new reserves policy. The charity maintains a strong liquidity position with £1.7 million in cash and £10.4 million in Treasury deposits, supported by an unqualified audit opinion. Its FY2025 accounts were audited by DJH Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 1 | £65k |
| SANDRA CHARITABLE TRUST | 1 | £5k |
| THE SHIPWRIGHTS CHARITABLE FUND | 1 | £3k |
Charities like this
- MARITIME LONDON OFFICER CADET SCHOLARSHIP
- ASSOCIATION OF MARINE ELECTRONIC AND RADIO COLLEGES LIMITED
- THE CONWAY MERCHANT NAVY TRUST
- ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST
- SAILSHIP TRAINING AND LEARNING FOR LIFE
- INTERNATIONAL MARITIME RESCUE FEDERATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MARITIME EDUCATIONAL FOUNDATION | £6.9m | — | 0 | unclear | — | no doubt |
| MARITIME LONDON OFFICER CADET SCHOLARSHIP | £387k | — | 0 | unclear | — | no doubt |
| ASSOCIATION OF MARINE ELECTRONIC AND RADIO COLLEGES LIMITED | £141k | — | 0 | unclear | — | no doubt |
| THE CONWAY MERCHANT NAVY TRUST | £132k | — | 0 | unclear | — | no doubt |
| ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST | £730k | — | 0 | above | — | no doubt |
| SAILSHIP TRAINING AND LEARNING FOR LIFE | £343k | — | 0 | unclear | — | no doubt |