THE FALKLANDS MARITIME HERITAGE TRUST
Financial health, per its FY2023 accounts
The accounts state that total funds at year-end were £580,502, with unrestricted reserves of £560,502. The trustees report that there are sufficient funds to cover foreseeable expenses pending the identification of a new project. The charity's reserves policy indicates it is a project-based organization that does not intend to maintain distinct reserves or seek endowment funds.
What the accounts disclose
Structured financials (annual return, FY ending 31/10/2024)
Trustees
- Charles Vernon Thompson
- Darwin Lewis Clifton
- MENSUN MICHAEL JOHN BOUND
- Saul Pitaluga
- WILLIAM PETER FEATHERSTONE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £1.7m | £1.7m |
| 31/10/2023 | £2.0m | £1.8m |
| 31/10/2022 | £5.6m | £5.6m |
| 31/10/2021 | £1.2m | £859k |
| 31/10/2020 | £129k | £132k |
Common questions
Is THE FALKLANDS MARITIME HERITAGE TRUST financially healthy?
The accounts state that total funds at year-end were £580,502, with unrestricted reserves of £560,502. The trustees report that there are sufficient funds to cover foreseeable expenses pending the identification of a new project. The charity's reserves policy indicates it is a project-based organization that does not intend to maintain distinct reserves or seek endowment funds. Its FY2023 accounts were audited by Azets Audit Services.