THE FALKLANDS MARITIME HERITAGE TRUST
UNDERTAKING A SEARCH FOR THE GERMAN BATTLEFLEET SUNK IN THE FALKLAND ISLANDS WATERS IN DECEMBER 1914 BY A BRITISH FLEET, AND MAKING A FILM OF THE SEARCH AS AN HISTORIC RECORDD FOR THE BENEFIT OPF THE PUBLIC
Financial health, per its FY2024 accounts
The accounts state that total funds at year-end were £585,555, with unrestricted reserves of £523,776. The trustees report that there are sufficient funds to cover foreseeable expenses pending the identification of a new project. The independent auditor confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- Charles Vernon Thompson
- Darwin Lewis Clifton
- MENSUN MICHAEL JOHN BOUND
- Saul Pitaluga
- WILLIAM PETER FEATHERSTONE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £1.5m | £1.7m |
| 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 |
Common questions
Is THE FALKLANDS MARITIME HERITAGE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds at year-end were £585,555, with unrestricted reserves of £523,776. The trustees report that there are sufficient funds to cover foreseeable expenses pending the identification of a new project. The independent auditor confirmed that the financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITTEN FOUNDATION | 1 | £39k |
| Norwich Freemen's Charity | 1 | £25k |
| CEO SLEEPOUT | 1 | £11k |
| THE HEADLEY TRUST | 1 | £10k |
| ALAN BOSWELL GROUP CHARITABLE TRUST | 1 | £10k |
| THE GEOFFREY WATLING CHARITY | 1 | £10k |
| Royal Warrant Holders' Charity | 1 | £5k |
Charities like this
- THE NORFOLK HERITAGE FLEET TRUST
- FLY NAVY HERITAGE TRUST LIMITED
- NATIONAL MARITIME MUSEUM CORNWALL TRUST
- Vigilance of Brixham
- THE WARRANT OFFICERS AND SENIOR RATES' MESS, HMS DRAKE
- FALKLAND CRICKET CLUB LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FALKLANDS MARITIME HERITAGE TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| THE NORFOLK HERITAGE FLEET TRUST | £479k | — | 0 | unclear | — | no doubt |
| FLY NAVY HERITAGE TRUST LIMITED | £2.5m | — | — | unclear | — | no doubt |
| NATIONAL MARITIME MUSEUM CORNWALL TRUST | £2.4m | £80,001 - £90,000 | — | unclear | — | no doubt |
| Vigilance of Brixham | £688k | — | 0 | above | — | noted |
| THE WARRANT OFFICERS AND SENIOR RATES' MESS, HMS DRAKE | £341k | — | 0 | unclear | — | no doubt |