INTERNATIONAL SEAFARERS' WELFARE AND ASSISTANCE NETWORK

Registered charity 1102946 · accounts filings on the Charity Commission register · also known as ICSW, INTERNATIONAL COMMITTEE ON SEAFARERS' WELFARE

ISWAN is an international NGO set up to promote seafarers welfare and related issues and the application of therelevant sections of the Maritime Labour Convention 2006. From 1st April 2013 it is also responsible for the SeafarerHelp 24/7 helpline formerly operated by The Internattional Seafarers Assistance Network.

Objects

(1) TO PROMOTE THE RELIEF OF NEED, HARDSHIP OR DISTRESS AMONGST SEAFARERS OF ALL NATIONALITIES, RACES, COLOURS AND CREEDS AND THEIR FAMILIES AND DEPENDANTS.(2) TO PROMOTE AND PRESERVE THE HEALTH AND SAFETY OF ALL SEAFARERS AND THE RELIEF OF SICK, ILL AND DISABLED SEAFARERS.(3) TO PROMOTE THE PROVISION IN THE INTERESTS OF SOCIAL WELFARE OF FACILITIES AT SEA OR SERVING INTERNATIONAL PORTS FOR RECREATION OR OTHER LEISURE TIME OCCUPATION FOR ALL SEAFARERS WHO ARE IN NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.

Area of benefit: NOT DEFINED. IN PRACTICE AFRICA, THE AMERICAS, ASIA EUROPE AND OCEANIA.

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

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Amateur Sport · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.3m
Latest spending
£1.4m
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £94,120 for the year ended 31 March 2025, with total expenditure of £1,348,991 against total income of £1,294,677. Despite the deficit, the trustees report that unrestricted reserves of £532,362 provide adequate cover for budgeted activity and comply with the stated reserves policy of maintaining up to six months' operating costs.

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

What the accounts disclose

Largest income source: Grant income (47% of income)
“Grant income of £608,221 was received during the year” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: up to 6 months’ operating costs (held: £532k)
“It has been concluded that to provide financial resilience and to allow the charity to be managed effectively and provide uninterrupted services; a general reserve equivalent of up to 6 months’ operating costs should be maintained.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity has taken advantage of the exemption provided in FRS 102, paragraph 33.1A, not to disclose transactions with other group companies. Transactions take place during the year on an arm’s length basis with one seafarer related charity/organisation, where there are common trustees with the Board.
“The Charity has taken advantage of the exemption provided in FRS 102, paragraph 33.1A, not to disclose transactions with other group companies. Transactions take place during the year on an arm’s length basis with one seafarer related charity/organisation, where there are common trustees with the Board.” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Seafarers Welfare and Assistance Network Limited
“SWAN Limited is a wholly owned subsidiary of ISWAN and is incorporated in England, company number 8009163. Its sole activity is to operate Helplines that are deemed to be outside of the charitable objectives of ISWAN.” — page 30
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sturgess Hutchinson. 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.

Public fundraising profile: JustGiving — ISWAN (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£1.4m
Reserves (reported)
£532k
Employees
17

Reported reserves equal ~4.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other (47% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.3m£1.4m
31/03/2024£1.4m£1.4m
31/03/2023£1.3m£1.4m
31/03/2022£1.3m£1.2m
31/03/2021£1.2m£1.1m

Common questions

Is INTERNATIONAL SEAFARERS' WELFARE AND ASSISTANCE NETWORK financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £94,120 for the year ended 31 March 2025, with total expenditure of £1,348,991 against total income of £1,294,677. Despite the deficit, the trustees report that unrestricted reserves of £532,362 provide adequate cover for budgeted activity and comply with the stated reserves policy of maintaining up to six months' operating costs. Its FY2025 accounts were audited by Sturgess Hutchinson.

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 SEAFARERS HOSPITAL SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
INTERNATIONAL SEAFARERS' WELFARE AND ASSISTANCE NETWORK£1.3m—0unclear—no doubt
SEAFARERS HOSPITAL SOCIETY FY2025£544k£90,001 - £100,0001above—no doubt
SWAN (SOUTHERN WOMEN'S AID NETWORK) FY2025£1.3m—0unclear—no doubt
THE I T F SEAFARERS TRUST FY2024£1.5m£110,001 - £120,000—unclear—no doubt
THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY FY2025£1.6m£90,001 - £100,0001above—no doubt
SAILORS' SOCIETY FY2024£1.6m——below—no doubt

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