Charity Accounts Intelreading the accounts so you don’t have to

NORTH EAST MARITIME TRUST

Registered charity 1117855 · accounts filings on the Charity Commission register

The support of maritime heritage including conservation, restoration and construction when appropriate.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£30k
Latest spending
£36k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity operated at an operating deficit of £5,996 for the year ended 30 September 2025, reducing its total net assets from £169,202 to £163,206. The trustees consider the level of unrestricted reserves of £156,238 to be prudent and compliant with their policy of maintaining between three and six months' expenditure. The charity is currently staffed entirely by volunteers and has no trading subsidiaries.

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

What the accounts disclose

Reserves policy: between three and six month’s expenditure (held: £156k)
“It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Gateshead · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
30/09/2025£30k£36k
30/09/2024£36k£26k
30/09/2023£33k£32k
30/09/2022£41k£30k
30/09/2021£18k£31k

Common questions

Is NORTH EAST MARITIME TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity operated at an operating deficit of £5,996 for the year ended 30 September 2025, reducing its total net assets from £169,202 to £163,206. The trustees consider the level of unrestricted reserves of £156,238 to be prudent and compliant with their policy of maintaining between three and six months' expenditure. The charity is currently staffed entirely by volunteers and has no trading subsidiaries. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund19/01/2009£9k"Restoration of Sailing Fishing Coble "Royal Diadem""
The National Lottery Heritage Fund28/03/2007£7k"This New Group Has Been Set Up To Faciliate In The Conservation, Restoration And Upkeep Of Historic Vessels And All Other Easpects Of Mariti"
The National Lottery Community Fund28/03/2007£7ksafe and secure