REARDON SMITH NAUTICAL TRUST

Registered charity 1153623 · accounts filings on the Charity Commission register

Latest income
£126k
Latest spending
£230k
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an unrestricted operating deficit of £50,498 for the year ended 5 April 2024, resulting in a decrease in unrestricted funds from £323,549 to £273,051. However, the total funds increased due to net gains on investments, bringing the overall total funds to £3,200,277. The trustees note that investment income is affected by market conditions and that reserves are held to ensure funds are available for grant payments.

What the accounts disclose

Accounts audited by Haines Watts Wales LLP.

Register events

Trustees

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

Operates in: Devon · Throughout Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£126k£230k
05/04/2024£130k£201k
05/04/2023£120k£166k
05/04/2022£126k£248k
05/04/2021£119k£81k

Common questions

Is REARDON SMITH NAUTICAL TRUST financially healthy?

The accounts state that the charity reported an unrestricted operating deficit of £50,498 for the year ended 5 April 2024, resulting in a decrease in unrestricted funds from £323,549 to £273,051. However, the total funds increased due to net gains on investments, bringing the overall total funds to £3,200,277. The trustees note that investment income is affected by market conditions and that reserves are held to ensure funds are available for grant payments. Its FY2024 accounts were audited by Haines Watts Wales LLP.

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