THE HMS VICTORY PRESERVATION COMPANY

Registered charity 1146376 · accounts filings on the Charity Commission register · also known as HMS VICTORY CHARITY

Preserve, restore and maintain HMS VictoryEducate the Naval Service, Auxiliaries and the public about the history of HMS Victory and of the Royal Navy Promote the efficiency of the armed forces by assisting recruitment and retention and fostering the esprit de corps of the Royal Navy; and Commemorate those members of the Naval Service and Auxiliaries who have died while on active service

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

Latest income
£1.3m
Latest spending
£1.6m
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds substantial endowment funds valued at £45,301,616, which, along with investment income, fund its conservation and operational grants. The trustees have decided not to set a minimum figure for free reserves due to changing circumstances, resulting in unrestricted funds of £340,498. The trustees are content that the going concern basis continues to apply.

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

What the accounts disclose

Largest income source: Investment income (100% of income)
“Total incoming resources for the HMS Victory Preservation Company in 2024-25 amounted to £1,255,302 (2023-24: £732,979). This inflow related to investment income.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£1.6m
Cost of raising funds
£127k
Reserves (reported)
£296k
Employees
0

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 10.1% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Portsmouth City

Income and spending

Financial year endIncomeSpending
31/03/2025£1.3m£1.6m
31/03/2024£733k£825k
31/03/2023£683k£318k
31/03/2022£597k£1.0m
31/03/2021£380k£393k

Common questions

Is THE HMS VICTORY PRESERVATION COMPANY financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds substantial endowment funds valued at £45,301,616, which, along with investment income, fund its conservation and operational grants. The trustees have decided not to set a minimum figure for free reserves due to changing circumstances, resulting in unrestricted funds of £340,498. The trustees are content that the going concern basis continues to apply. Its FY2025 accounts were audited by Price Bailey LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HMS VICTORY PRESERVATION ENDOWMENT FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE HMS VICTORY PRESERVATION COMPANY£1.3m—0unclear—no doubt
HMS VICTORY PRESERVATION ENDOWMENT FUND FY2025£563k—0above—no doubt
BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED FY2025£1.0m—0above—no doubt
Vigilance of Brixham FY2025£688k—0above—noted
THE ROYAL NAVY AND ROYAL MARINES CHARITY FY2024£13.7m——unclear—no doubt
THE WARRANT OFFICERS AND SENIOR RATES' MESS, HMS DRAKE FY2025£341k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.