ANDREW SIMPSON SAILING FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a consolidated net loss of £197,216 for the year ended 31 December 2023, against total income of £2,333,207. Per the trustees' report, unrestricted reserves stood at £1,372,226, which the trustees consider sufficient to maintain a cash reserve in line with the charity's policy of one year's committed operating expenditure.
What the accounts disclose
“One employee received emoluments of more than £60,000 (£90,000 - £100,000 pay bracket) during the year” — page 60
“One employee received emoluments of more than £60,000 (£90,000 - £100,000 pay bracket) during the year (2022: One employee received emoluments of more than £60,000 during the year (£80,000 - £90,000 pay bracket).” — page 60
Year-over-year changes
- Top pay band moved from £80,001 - £90,000 (FY2022) to £90,001 - £100,000 (FY2023).
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (09/02/2021)
Trustees
- Miles Arthur Bradburychair
- AMANDA SIMPSON
- Andrew Lawson
- DAVID MARTIN GRATTON
- DAVID TYLER
- IAIN BRYDEN PERCY OBE
- John Henry Derbyshire OBE
- LEAH SIMPSON
- Nicholas Blair Manny Harrison
- Prakash Paran
- SIR CHARLES BENEDICT AINSLIE CBE
- Sophie Arabella Sheldon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.1m | £3.0m |
| 31/12/2023 | £2.3m | £2.5m |
| 31/12/2022 | £2.4m | £2.3m |
| 31/12/2021 | £2.4m | £1.8m |
| 31/12/2020 | £1.3m | £1.2m |
Common questions
Is ANDREW SIMPSON SAILING FOUNDATION financially healthy?
The accounts state that the charity reported a consolidated net loss of £197,216 for the year ended 31 December 2023, against total income of £2,333,207. Per the trustees' report, unrestricted reserves stood at £1,372,226, which the trustees consider sufficient to maintain a cash reserve in line with the charity's policy of one year's committed operating expenditure. Its FY2023 accounts were audited by PKF Francis Clark.
What does the highest-paid employee of ANDREW SIMPSON SAILING FOUNDATION earn?
Per its FY2023 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 1 employees earned over £60,000.
Who funds ANDREW SIMPSON SAILING FOUNDATION?
Funders whose own accounts filings name ANDREW SIMPSON SAILING FOUNDATION as a grant recipient include THE VALENTINE CHARITABLE TRUST, JOHNNIE JOHNSON TRUST, CHARTERED ACCOUNTANTS' LIVERY CHARITY, SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE VALENTINE CHARITABLE TRUST | FY2025 | £10k |
| JOHNNIE JOHNSON TRUST | FY2024 | £5k |
| JOHNNIE JOHNSON TRUST | FY2021 | £5k |
| CHARTERED ACCOUNTANTS' LIVERY CHARITY | FY2023 | £3k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | FY2023 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 03/09/2025 | £80k | Millionaire Street 2025 09w1 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 2 | £38k |
| The Seafarers' Charity (King George's Fund for Sailors) | 1 | — |
| THE CHARLES LEWIS FOUNDATION | 1 | £108k |
| THE I T F SEAFARERS TRUST | 1 | £99k |
| THE FRANK JACKSON FOUNDATION | 1 | £90k |
| REARDON SMITH NAUTICAL TRUST | 1 | £81k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £24k |
| BALTIC EXCHANGE CHARITABLE FOUNDATION | 1 | £10k |