REARDON SMITH NAUTICAL TRUST

Registered charity 1153623 · accounts filings on the Charity Commission register

The object of the trust is the advancement of education of young persons up to the age of 25, resident in Wales, and Devon in particular those resident in the City of Cardiff, including, but so as not to limit the foregoing, by payment of grants, scholarships, exhibitions and bursaries to individuals to attend recognised or maritime courses relating to shipping, maritime law and commerce.

Objects

The object of the CIO is THE ADVANCEMENT OF EDUCATION OF YOUNG PERSONS UP TO THE AGE OF 25, RESIDENT IN WALES, and in the County of Devon, IN PARTICULAR (BUT NOT LIMITED TO) THOSE RESIDENT IN THE CITY AND COUNTY OF CARDIFF, INCLUDING, BUT SO AS NOT TO LIMIT THE FOREGOING, BY PAYMENT OF GRANTS, SCHOLARSHIPS, EXHIBITIONS AND BURSARIES TO INDIVIDUALS TO ATTEND RECOGNISED NAUTICAL OR MARITIME COURSES RELATING TO SHIPPING, MARITIME LAW AND COMMERCE, NAVIGATION, SAILING, OCEANOGRAPHY AND MARINE RELATED ENVIRONMENTAL ISSUES, IN PARTICULAR THOSE WHICH AFFORD SUCH INDIVIDUALS FIRST HAND PRACTICAL EXPERIENCE OF BEING AT SEA, WHETHER SUCH COURSES BE OFFERED WITHIN ANY PART OF THE UNITED KINGDOM OR ABROAD.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Vale of Glamorgan, Wales (from the postcode on the register)

Financial health, per its FY2025 accounts

The accounts state that the charity reported an unrestricted operating deficit of £104,533 and a total deficit of £210,764 for the year ended 5th April 2025. Unrestricted funds decreased from £273,051 to £168,518, while the Endowment fund decreased from £2,927,227 to £2,820,996. The trustees' report notes that the reserves policy recognizes the need to hold reserves to ensure funds are available to continue payments, though the current unrestricted balance is below the previous year's level.

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

What the accounts disclose

Accounts audited by Menzies LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

• Registered company of the charity Companies House CE000138

Register events

• Received assets from another charity (16/04/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (16/04/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• CHARLES REARDON SMITHchair
• David Gareth Rees
• JOHN PHILIP REARDON SMITH
• KATHERINE LISA WILLIAMS
• Neil Pugh · trustee of 3 other charities
• Nick Toye
• Robin Vaughan
• Stephen Richard Berry
• Terry Lewis
• jon Reardon Smith
• sian reynolds

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

Operates in: Devon · Throughout 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 PORTISHEAD NAUTICAL TRUST.

• THE PORTISHEAD NAUTICAL TRUST income £118k
• NAUTICAL MUSEUMS TRUST LIMITED income £107k
• READING EDUCATION TRUST income £1.1m
• THE MARINE TECHNOLOGY TRUST income £27k
• THE REDDIFORD SCHOOL CHARITABLE TRUST income £3.1m
• THE CIRDAN SAILING TRUST (INCORPORATING THE FARAMIR TRUST) LIMITED income £719k

Side by side with its peers

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