THE ROYAL NAVY AND ROYAL MARINES CHARITY
Financial health, per its FY2024 accounts
The accounts state that the group closed the year with total funds of £81.9m, an increase from the previous year, while total operating expenditure of £18.2m exceeded total operating income of £13.7m, resulting in a net operating deficit. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and maintains a going concern basis.
What the accounts disclose
“During the year trustees donated £21,105 (2023: £2,042) to the charity.” — page 66
“During the year The Royal Navy and Royal Marines Charity made a grant to its subsidiary, The Naval Service Sports Charity, of £100,000” — page 66
“During the year trustees donated £21,105 (2023: £2,042) to the charity.” — page 66
“During the year The Royal Navy and Royal Marines Charity made a grant to its subsidiary, The Naval Service Sports Charity, of £100,000” — page 66
“During the year trustees donated £21,105 (2023: £2,042) to the charity.” — page 66
“During the year The Royal Navy and Royal Marines Charity made a grant to its subsidiary, The Naval Service Sports Charity, of £100,000” — page 66
“During the year trustees donated £21,105 (2023: £2,042) to the charity.” — page 66
“During the year The Royal Navy and Royal Marines Charity made a grant to its subsidiary, The Naval Service Sports Charity, of £100,000” — page 66
“During the year trustees donated £21,105 (2023: £2,042) to the charity.” — page 66
“During the year The Royal Navy and Royal Marines Charity made a grant to its subsidiary, The Naval Service Sports Charity, of £100,000” — page 66
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (15/11/2018)
Trustees
- Dr Brian Gilvarychair
- Admiral Sir Antony David RADAKIN
- Andrew Mark Edward ROBINSON
- BRIAN JAMES DUFFIN
- Barry Firth MBE
- Cdre Catherine JORDAN
- Dr Joanna KEOGH OBE
- Dr Josephine PABARI
- JOHN BARTLETT
- Kathryn Jane PHIPPS-WILTSHIRE
- Lieutenant Harriet Mary Delbridge
- Michelle Joy WESTWOOD
- Peter John Wilkinson
- Simon Andrew Black
- Simon Christopher LONG
- Warrant Officer Simon James Hanson RN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £13.7m | £18.2m |
| 31/12/2023 | £15.0m | £19.2m |
| 31/12/2022 | £13.2m | £18.4m |
| 31/12/2021 | £11.7m | £17.0m |
| 31/12/2020 | £11.4m | £18.0m |
Common questions
Is THE ROYAL NAVY AND ROYAL MARINES CHARITY financially healthy?
The accounts state that the group closed the year with total funds of £81.9m, an increase from the previous year, while total operating expenditure of £18.2m exceeded total operating income of £13.7m, resulting in a net operating deficit. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and maintains a going concern basis. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Who funds THE ROYAL NAVY AND ROYAL MARINES CHARITY?
Funders whose own accounts filings name THE ROYAL NAVY AND ROYAL MARINES CHARITY as a grant recipient include ARMED FORCES COVENANT FUND, THE ADDERSTONE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ARMED FORCES COVENANT FUND | FY2025 | £369k |
| THE ADDERSTONE FOUNDATION | FY2025 | £18k |
| ARMED FORCES COVENANT FUND | FY2024 | £15k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL ENGINEERS CENTRAL CHARITABLE TRUST | 1 | £860k |
| LLOYD'S REGISTER FOUNDATION | 1 | £460k |
| GLOBE AND LAUREL MAGAZINE | 1 | £55k |
| THE BALCOMBE CHARITABLE TRUST | 1 | £25k |
| THE ELIZABETH AND PRINCE ZAIGER TRUST | 1 | £24k |
| DUDLEY AND GEOFFREY COX CHARITABLE TRUST | 1 | £16k |
| THE JOHN SCOTT CHARITABLE TRUST | 1 | £15k |
| FISHMONGERS' COMPANY'S CHARITABLE TRUST | 1 | £14k |