THE DANIEL ADAMSON PRESERVATION SOCIETY
To restore and bring back into public service the steam tug/passenger tender "Daniel Adamson" built at Tranmere in 1903.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £13,221 for the year ended 31 December 2025, resulting in a decrease in total reserves from £74,155 to £60,934. The trustees maintain that the charity is a going concern, citing adequate reserves and liquidity to continue operations for the foreseeable future. Unrestricted free reserves stood at £60,934, which the trustees consider sufficient to cover three months' running costs and redundancy provisions.
What the accounts disclose
“It is the policy of the charitable company to maintain unrestricted funds, which are free reserves at a level to cover redundancy provision and three months’ running costs should ‘no further funding be received.” — page 5
Funders the charity credits
- National Lottery
Trustees
- Cllr Sam Naylor
- Dr Charuni Wijerathne Dissanayaka Mudiyanselage
- Dr Emma Evelyn Napier
- Lewis James Roberts
- Michael John Cooksley
- Michael Joseph Moran
- Victor Welsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £235k | £249k |
| 31/12/2024 | £146k | £251k |
| 31/12/2023 | £215k | £233k |
| 31/12/2022 | £170k | £229k |
| 31/12/2021 | £347k | £278k |
Common questions
Is THE DANIEL ADAMSON PRESERVATION SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £13,221 for the year ended 31 December 2025, resulting in a decrease in total reserves from £74,155 to £60,934. The trustees maintain that the charity is a going concern, citing adequate reserves and liquidity to continue operations for the foreseeable future. Unrestricted free reserves stood at £60,934, which the trustees consider sufficient to cover three months' running costs and redundancy provisions. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 09/06/2026 | £154k | "SETTING A STEADY COURSE TO NORTHWICH" |
| The National Lottery Heritage Fund | 04/05/2023 | £99k | "Maritime Heritage- Maritime Futures" |
| The National Lottery Heritage Fund | 17/08/2020 | £86k | "COVID19 THE DANIEL ADAMSON PRESERVATION SOCIETY" |
| The National Lottery Heritage Fund | 07/11/2018 | £60k | "A Resilient Future for The Daniel Adamson" |
| The National Lottery Community Fund | 17/05/2018 | £8k | Halton Histories |
| The National Lottery Heritage Fund | 02/10/2012 | £3.8m | "The 'Daniel Adamson' Maritime Heritage Project" |
| The National Lottery Heritage Fund | 22/10/2007 | £24k | "The Restoration of the Steam Powered Tug / Tender Daniel Adamson" |
| The National Lottery Heritage Fund | 08/11/2005 | £50k | "The restoration of the steam powered tug/tender Daniel Adamson" |