Steamship Freshspring Trust
To preserve and ensure future sustainability for SS Freshspring as a working example of 19th and 20th century marine technology for the benefit of the public.To attract young people and provide engineering education facilities to encourage them to consider a career in engineering.To provide facilities to teach basic skills in the management of an historic vessel and steam machinery.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £17,535 at the end of the period, which exceeds its stated policy target of £17,000. The trustees reported no significant uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The target is £17,000 – 4 months operating costs plus £5,000 for emergency ship costs”
Trustees
- John Puddychair
- Annemarie Shillito
- Dr Michael Teare
- Stephen Attenborough
- William Blythe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £77k | £98k |
| 31/01/2024 | £129k | £122k |
| 31/01/2023 | £54k | £63k |
| 31/01/2022 | £43k | £111k |
| 31/01/2021 | £122k | £51k |
Common questions
Is Steamship Freshspring Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £17,535 at the end of the period, which exceeds its stated policy target of £17,000. The trustees reported no significant uncertainties regarding the charity's ability to continue as a going concern.
Who funds Steamship Freshspring Trust?
Funders whose own accounts filings name Steamship Freshspring Trust as a grant recipient include THE BRIDGE TRUST, Alex Ferry Foundation, SOCIETY FOR NAUTICAL RESEARCH, THE SHIPWRIGHTS CHARITABLE FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BRIDGE TRUST | FY2023 | £18k | Local heritage |
| THE BRIDGE TRUST | FY2021 | £11k | |
| Alex Ferry Foundation | FY2024 | £10k | Community Grants |
| THE BRIDGE TRUST | FY2022 | £5k | |
| SOCIETY FOR NAUTICAL RESEARCH | FY2025 | £5k | Restricted funds |
| THE SHIPWRIGHTS CHARITABLE FUND | FY2023 | £2k | Responsive Donation |
| THE BRIDGE TRUST | FY2024 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/02/2023 | £141k | "Strengthening resilience, understanding feasibility, and embracing new audiences" |
| UK government | 14/10/2020 | £66k | CRF20 Steamship Freshspring Trust |
| The National Lottery Heritage Fund | 10/08/2020 | £17k | "COVID19:Steamship Freshspring Trust" |
| The National Lottery Community Fund | 27/03/2020 | £10k | Strengthening volunteer welfare and community engagement |
| The National Lottery Heritage Fund | 04/10/2017 | £60k | "All Aboard SS Freshspring: a maritime heritage resource for residents and visitors to Northern Devon" |