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1851 MARINE TRUST

Registered charity 1158670 · accounts filings on the Charity Commission register · also known as 1851 TRUST

The 1851 Trust aims to inspire and engage a new generation through sailing and the marine industry, providing young people with the education, skills and training to become innovators of the future, and stewards of the marine environment.

Causes: Education/training · Amateur Sport · Environment/conservation/heritage · Other Charitable Purposes · website · Get email alerts

Latest income
£499k
Latest spending
£441k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated an overall surplus of £57,857 for the year ended 31 December 2024, compared to a deficit in the prior year. The trustees report that unrestricted free reserves of £101,418 are in line with the charity's policy of maintaining at least six months of core charitable costs. The charity operates on a going concern basis with no material uncertainties identified regarding its ability to continue in business.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: at least 6 months expenditure on core charitable activity (held: £101k)
“The Trustees’ intention is to build and maintain unrestricted reserves equivalent to at least 6 months expenditure on core charitable activity on a rolling basis.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: BA Technologies Limited, connected to trustee Lady Georgina Ainslie, provided accounting services valued at £2,456.
“BA Technologies is connected through Lady Georgina Ainslie. During the year seconded staff time for accounting services of £2,456 (2023 - £7,200) was provided to the Trust by BA Technologies Limited.” — page 28
“In April 2624 the charity entered into a contract with Athena Racing Limited to provide accounting services, to be treated as a donation in the accounts. Gifts in kind have been included in the accounts of £7,200 (2023 - £Nil).” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Athena Racing Limited provided accounting services treated as a donation valued at £7,200.
“BA Technologies is connected through Lady Georgina Ainslie. During the year seconded staff time for accounting services of £2,456 (2023 - £7,200) was provided to the Trust by BA Technologies Limited.” — page 28
“In April 2624 the charity entered into a contract with Athena Racing Limited to provide accounting services, to be treated as a donation in the accounts. Gifts in kind have been included in the accounts of £7,200 (2023 - £Nil).” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Stem Crew Ltd
“The Trust has a wholly owned trading company, Stem Crew Ltd.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — 1851 Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2021)

Total income
£986k
Total spending
£954k
Cost of raising funds
£88k
Reserves (reported)
£309k
Employees
8

Reported reserves equal ~3.9 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (86% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 8.9% of total income — above the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£499k£441k
31/12/2023£192k£237k
31/12/2022£324k£592k
31/12/2021£986k£954k
31/12/2020£773k£774k

Common questions

Is 1851 MARINE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated an overall surplus of £57,857 for the year ended 31 December 2024, compared to a deficit in the prior year. The trustees report that unrestricted free reserves of £101,418 are in line with the charity's policy of maintaining at least six months of core charitable costs. The charity operates on a going concern basis with no material uncertainties identified regarding its ability to continue in business. Its FY2024 accounts were independently examined.

Who funds 1851 MARINE TRUST?

Funders whose own accounts filings name 1851 MARINE TRUST as a grant recipient include National Philanthropic Trust UK Limited, THE GOSLING FOUNDATION LIMITED, MILLENNIUM POINT TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
National Philanthropic Trust UK LimitedFY2023£1.5m
THE GOSLING FOUNDATION LIMITEDFY2022£60kYouth
MILLENNIUM POINT TRUSTFY2025£20k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Sport England08/04/2016£190kSailing Participation Programme