HERITAGE MARINE FOUNDATION
Advancing the education of the public of maritime heritage by preservation, restoration and operation of historic vessels and offering education, information and advice.Researching and promoting traditional methods of fishing Researching and developing carriage of cargo under sail Carrying out research and educating the public into the sources of pollution at Sea
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £9,116 for the year, resulting in unrestricted funds falling to a deficit of £19,827. The trustees acknowledge the principal risk is generating sufficient income to cover expenditure but believe the charity is well-placed to manage financial risks and continue in operational existence. The financial statements are unaudited, with the members having not required an audit under Section 476 of the Companies Act 2006.
What the accounts disclose
“The trustees believe that the charitable company is well placed to manage its financial risks successfully and that the charitable company has adequate reserves to continue in operational existence for the foreseeable future.” — page 23
Trustees
- James Michael Dineschair
- Christopher Mark Wood
- Dr Jasmine Anna Armour-Marshall
- Dr Lucy Cheryl Woodall
- Naomi Elizabeth Dines
- Nicholas Drew Dowden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £47k | £56k |
| 31/03/2024 | £71k | £69k |
| 31/03/2023 | £113k | £140k |
| 31/03/2022 | £129k | £131k |
| 31/03/2021 | £114k | £104k |
Common questions
Is HERITAGE MARINE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £9,116 for the year, resulting in unrestricted funds falling to a deficit of £19,827. The trustees acknowledge the principal risk is generating sufficient income to cover expenditure but believe the charity is well-placed to manage financial risks and continue in operational existence. The financial statements are unaudited, with the members having not required an audit under Section 476 of the Companies Act 2006.