PROJECT SEAGRASS
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £167,678, which is below the stated policy target of three months' operating costs. The charity reported a net income surplus of £19,718 and total net assets of £756,617, with the trustees confirming adequate resources to continue in operational existence.
What the accounts disclose
“One employee received emoluments in the band £50,000 to £60,000 (2023: none) and one in the band £40,000 to £50,000 (2023: 1).” — page 29
“The Board has identified a target minimum reserve requirement equivalent to three months’ operating costs”
Year-over-year changes
- Top pay band moved from £40,000 - £50,000 (FY2023) to £50,000 - £60,000 (FY2024).
Leadership, per the charity’s website
- Dr Leanne Cullen-Unsworth — Chief Executive Officer
- Dr Richard Unsworth — Chief Scientific Officer
- Dr Benjamin Jones — Chief Conservation Officer
- Dr Celia Marlowe — Chief Operating Officer
- Rosslyn Barr — Chair of Trustees
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Rosslyn Barrchair
- David King
- Dr BEVIS MATTHEW Watts
- Dr Sarah Pilgrim-Morrison
- Laura Audrey Evans
- Michael David Furness
- Robert Christian Raimes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.4m |
| 31/03/2024 | £1.3m | £1.3m |
| 31/03/2023 | £933k | £866k |
| 31/03/2022 | £827k | £372k |
| 31/03/2021 | £366k | £174k |
Common questions
Is PROJECT SEAGRASS financially healthy?
The accounts state that unrestricted reserves increased to £167,678, which is below the stated policy target of three months' operating costs. The charity reported a net income surplus of £19,718 and total net assets of £756,617, with the trustees confirming adequate resources to continue in operational existence. Its FY2024 accounts were audited by Streets Audit LLP.
What does the highest-paid employee of PROJECT SEAGRASS earn?
Per its FY2024 accounts, the highest-paid employee was in the £50,000 - £60,000 band.
Who funds PROJECT SEAGRASS?
Funders whose own accounts filings name PROJECT SEAGRASS as a grant recipient include SWIRE 2765, SYNCHRONICITY EARTH, NEWBY TRUST LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| SWIRE 2765 | FY2022 | £50k |
| SWIRE 2765 | FY2023 | £25k |
| SYNCHRONICITY EARTH | FY2022 | £25k |
| NEWBY TRUST LIMITED | FY2023 | £10k |
| SYNCHRONICITY EARTH | FY2023 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BERNARD LEWIS FAMILY CHARITABLE TRUST | 1 | £180k |
| THE HINDUJA FOUNDATION | 1 | £8k |
| BRAMPTON CHARITABLE TRUST | 1 | £6k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WIDFORD | 1 | £2k |