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HMS NELSON LEISURE AND AMENITIES FUND

Registered charity 1128785 · accounts filings on the Charity Commission register · also known as LAF HMS NELSON

To promote the efficiency of the Royal Navy

Causes: Armed Forces/emergency Service Efficiency · Other Charitable Purposes · website · Get email alerts

Latest income
£148k
Latest spending
£175k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's net assets increased to £1,024,052.53, with a net movement in funds of £32,205.76 for the year. The trustee confirms that free reserves are held in investments valued between £750K and £900K, which is considered sufficient to cover the fund for 12 months without income. The trustee believes these reserves provide sufficient resources in the event of adverse conditions.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £1.0m)
“These are held in the investments with a value in the range of £750K to £900K. This will cover the fund if there is no income in 12 months”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Sole Managing Trustee is also the sole Managing Trustee of the Wardroom HMS Nelson and the WO & SR Mess HMS Nelson. These funds pay sums to the LAF as sport contributions. In addition the messes occasionally bid for grants from the LAF.
“The Sole Managing Trustee is also the sole Managing Trustee of the Wardroom HMS Nelson and the WO & SR Mess HMS Nelson. These funds pay sums to the LAF as sport contributions. In addition the messes occasionally bid for grants from the LAF.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£148k£175k
31/12/2024£124k£130k
31/12/2023£107k£135k
31/12/2022£152k£152k
31/12/2021£108k£118k

Common questions

Is HMS NELSON LEISURE AND AMENITIES FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity's net assets increased to £1,024,052.53, with a net movement in funds of £32,205.76 for the year. The trustee confirms that free reserves are held in investments valued between £750K and £900K, which is considered sufficient to cover the fund for 12 months without income. The trustee believes these reserves provide sufficient resources in the event of adverse conditions. Its FY2025 accounts were independently examined.

Who funds HMS NELSON LEISURE AND AMENITIES FUND?

Funders whose own accounts filings name HMS NELSON LEISURE AND AMENITIES FUND as a grant recipient include THE GOSLING FOUNDATION LIMITED.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE GOSLING FOUNDATION LIMITEDFY2023£20kRoyal Navy/Royal Marines