HMS VICTORY PRESERVATION ENDOWMENT FUND

Registered charity 1147573 · accounts filings on the Charity Commission register

Preserve, restore and maintain HMS Victory Educate 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: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Armed Forces/emergency Service Efficiency · Grant history (this charity is a funder) · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that net assets decreased to £12,139,717 as the endowment fund is projected to be fully expended by the 2026-27 financial year. The trustees anticipate the charity will close after this period, noting that a sister fund intends to continue supporting the restoration of HMS Victory. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

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

What the accounts disclose

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

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

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 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: 4.6% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

• Keith William Morrischair
• John Douglas Dagg
• Keith Scott
• Robert Michael Neville Norman

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

Operates in: Throughout England And Wales

Income and spending

Common questions

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 THE HMS VICTORY PRESERVATION COMPANY.

• THE HMS VICTORY PRESERVATION COMPANY income £1.3m
• THE NORFOLK HERITAGE FLEET TRUST income £479k
• THE BRITANNIA ASSOCIATION income £260k
• THE ROYAL NAVY AND ROYAL MARINES CHARITY income £13.7m
• THE GREENWICH FOUNDATION FOR THE OLD ROYAL NAVAL COLLEGE income £7.2m
• WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS income £171k

Side by side with its peers

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