QVSR

Registered charity 1106126 · accounts filings on the Charity Commission register · also known as QUEEN VICTORIA SEAMEN'S REST

QVSR, or the 'Queen Vic', as it is more familiarly known, has been the Seamen's Mission of the Methodist Church since 1843, and is now the last remaining maritime charity providing accommodation and support for seafarers in the East End of London. It is also the largest seafaring hostel of its kind in the UK with accommodation for over 170 men.

Objects

(I) THE ADVANCEMENT OF THE CHRISTIAN RELIGION IN ACCORDANCE WITH THE DOCTRINES OF THE METHODIST CHURCH PARTICULARLY IN THE PORT OF LONDON AND AMONGST SEAMEN OF ALL NATIONS;(II) THE RELIEF OF POVERTY PARTICULARLY IN THE PORT OF LONDON AND AMONGST MERCHANT SEAMEN OF ALL NATIONS:(III) THE ADVANCEMENT OF EDUCATION IN SEAMANSHIP AND OTHER MARITIME SUBJECTS OF KNOWLEDGE:(IV) THE PROVISION (PARTICULARLY THROUGH THE MEDIUM OF RESIDENTIAL HOSTEL ACCOMMODATION IN THE PORT OF LONDON) OF FACILITIES FOR RECREATION AND OTHER LEISURE-TIME OCCUPATION IN THE INTEREST OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF SEAMEN, BUT PRIMARILY MERCHANT SEAMEN OF ALL NATIONS, ASHORE (IN PARTICULAR ASHORE IN THE PORT OF LONDON) AND HAVING THE NEED OF SUCH FACILITIES BY MEANS OF THEIR YOUTH, AGE, INFIRMITY, DISABLEMENT, POVERTY OR SOCIAL ANDECONOMIC CIRCUMSTANCES; AND(V) IN SO FAR AS THE PROPERTY OF THE CHARITY CANNOT BE USED OR APPLIED IN FURTHERANCE OF THE FOREGOING OBJECTS THE SAME MAY BE USED TO PROVIDE ACCOMMODATION FOR THE BENEFIT OF ANY PERSON HAVING NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY, DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES.

Area of benefit: IN THE PORT OF LONDON AND AMONGST SEAMEN OF ALL NATIONS;

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

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · Religious Activities · Other Charitable Purposes · website · Get email alerts

Latest income
£4.2m
Latest spending
£4.2m
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity recorded a net income of £50,179 for the year ended 31 December 2024, with total income of £4.22 million. The trustees confirm the charity remains a going concern with adequate resources, although free general reserves of £1,595,292 are below the stated policy target of £2.1 million.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: statutory funding (64% of income)
“QVSR main activity continues to remain heavily reliant on statutory funding (providing over 63.8% of general income streams.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £1.6m; policy: six months’ normal revenue expenditure)
“Total free General Reserves held on 31 December 2024 amounted to £1,595,292 which is below the reserves target of £2.1 million.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: One Trustee received a pension of £10,801 earned during his past employment at QVSR (not for their trustee role).
“One Trustee received a pension of £10,801 (2023: £9,697) earned during his past employment at QVSR (not for their trustee role)” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: QVSR Seafarers Centres
“These consolidated financial statements include the financail statements of QVSR and QVSR Seafarers centres company number13903109, its wholly owned subsidiary made up to 31 December 2024.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 4 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.

Corporate structure

QVSR SEAFARERS CENTRES — per its own Companies House accounts
  • Turnover: £715k
  • Profit before tax: £-295k

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

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£4.2m
Total spending
£4.2m
Cost of raising funds
£204k
Reserves (reported)
£13.9m
Employees
62

Reported reserves equal ~40.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (84% 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: 4.8% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bristol City · Lincolnshire · Suffolk · Throughout London · Thurrock

Income and spending

Financial year endIncomeSpending
31/12/2024£4.2m£4.2m
31/12/2023£4.4m£3.9m
31/12/2022£4.3m£3.5m
31/12/2021£2.9m£2.5m
31/12/2020£3.2m£2.6m

Common questions

Is QVSR financially healthy?

Per its FY2024 accounts: The accounts state that the charity recorded a net income of £50,179 for the year ended 31 December 2024, with total income of £4.22 million. The trustees confirm the charity remains a going concern with adequate resources, although free general reserves of £1,595,292 are below the stated policy target of £2.1 million. Its FY2024 accounts were audited by Moore Kingston Smith LLP.

Who funds QVSR?

Funders whose own accounts filings name QVSR as a grant recipient include THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2022£10kWelfare

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund15/12/2020£182kQVSR Aftercare Project

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 QVSR SEAFARERS CENTRES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
QVSR£4.2m——below—no doubt
QVSR SEAFARERS CENTRES FY2024£715k—0unclear—no doubt
QUEEN VICTORIA HOSPITAL NHS TRUST CHARITABLE FUND FY2025£253k—0unclear—no doubt
THE MISSION TO SEAFARERS FY2024£5.8m—0unclear—no doubt
THE FERRY PROJECT FY2025£2.3m£60,001 - £70,0001unclear—no doubt
The Seafarers' Charity (King George's Fund for Sailors) FY2025£3.9m——unclear—no doubt

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