THE SOUTH ATLANTIC MEDAL ASSOCIATION (1982) (SAMA 82)
Maintaining links between serving armed forces and former members of armed forces and Merchant Navy who served in conflict.Education of the public in relation to the conflict. Assisting those who served in the conflict and their dependents by making grants, providing facilities and/or sponsoring return visits for those in need of relief from trauma or distress caused by serving in the conflict.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted net assets stood at £599,208.94 with no liabilities, resulting in a total net asset gain of £44,772.14 for the year. The trustees report that finances remain in good shape, supported by investment gains and stable branch funds, although they note that expenditure in one account outweighed income and was supported by reserves. The charity acknowledges the challenge of an aging membership and the need to ensure its continuation until its planned wind-up date in 2042.
What the accounts disclose
“Stephen Penfold £530.45, Alan Dodsworth £429.08, £450 (9 x £50 travel subsidy) for SAMA 82 Veterans attending the Veterans and FI Student event, held in London.” — page 17
Trustees
- CHRISTOPHER ALAN HOWE MBEchair
- ALAN DODSWORTH
- BRIAN JOHN SHERRINGTON
- IAN BERRY
- MICHAEL SHERRINGTON
- ROBIN PAUL TURK
- STEPHEN PETER PENFOLD
- Thomas Herring
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £98k | £53k |
| 31/12/2024 | £91k | £53k |
| 31/12/2023 | £64k | £55k |
| 31/12/2022 | £154k | £93k |
| 31/12/2021 | £101k | £40k |
Common questions
Is THE SOUTH ATLANTIC MEDAL ASSOCIATION (1982) (SAMA 82) financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted net assets stood at £599,208.94 with no liabilities, resulting in a total net asset gain of £44,772.14 for the year. The trustees report that finances remain in good shape, supported by investment gains and stable branch funds, although they note that expenditure in one account outweighed income and was supported by reserves. The charity acknowledges the challenge of an aging membership and the need to ensure its continuation until its planned wind-up date in 2042. Its FY2025 accounts were independently examined.