ROYAL MERCHANT NAVY EDUCATION FOUNDATION

Registered charity 1153323 · accounts filings on the Charity Commission register

The Foundation's object is to contribute to the maintenance and education of its beneficiaries, called Foundationers, to enable them to take up suitable careers: in short, education for employment.

Causes: Education/training · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £21,579,905, which the Trustees describe as a 'high level of reserves' serving as a safety net. The filing confirms that working capital is adequate in the short term and the charity has no overdraft facilities or charges on assets. The independent auditors reported that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Accounts audited by Lewis Brownlee (Chichester) Limited. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

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

Structured financials (annual return, FY ending 31/08/2025)

Per its annual return, cost of raising funds: 31.1% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

• Lesley Ann Robinson LLBchair
• Charles Prickett · trustee of 1 other charity
• Commodore The Honourable Michael Charles Nicholas Cochrane · trustee of 1 other charity
• Dr RODNEY OWEN-JONES · trustee of 1 other charity
• Linda Cotton · trustee of 1 other charity
• Simon Nicholas Cooper DL · trustee of 1 other charity

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

Operates in: Ireland · Scotland · Throughout England And Wales

Income and spending

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