SPECIAL BOAT SERVICE ASSOCIATION
Registered charity 1168876 · accounts filings on the Charity Commission register · also known as SBSA, SPECIAL BOAT SERVICE ASSOCIATION (SBSA)
The main objectives of the Association as set out in the Constitution are: To promote the efficiency of the Special Boat Service Association by: Maintaining contact between serving and former members of the Service and providing for social gatherings for them; Fostering esprit de corps, comradeship and the welfare of the Service and perpetuating its deeds; Preserving the tradit
Causes: Disability · Armed Forces/emergency Service Efficiency · Grant history (this charity is a funder) · Get email alerts
Financial health, per its FY2025 accounts
The charity reported a net surplus of £351,781 for the year, with total income of £3,591,386 and total expenditure of £3,351,741. The trustees confirmed that free reserves of £2,840,913 are sufficient to meet future obligations and continue operations. The accounts were audited by PKF Francis Clark, who issued an unqualified opinion.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Other trading activities (87% of income)
“Other trading activities 3 2,684,019 426,567 3,110,586” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three years of financial help to current long term wounded, injured and sick members (held: £2.8m)
“The Trustees have designated a Lifetime care fund which will maintain 3 years of financial help to current long term wounded, injured and sick members. This designated fund is based on the required care for known obligations to care for members. It is difficult to quantify the financial impact of unknown obligations to support members’ future needs. However, the Trustees are satisfied that current free reserves are sufficient to allow the charity to continue to operate and manage future obligations as they occur. The current fund value is £2,031,600.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by PKF Francis Clark. Discloses 3 of 6 completeness components.
Public fundraising profile: JustGiving — SBSA (matched by registered charity number).
Property (HM Land Registry)
1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£567k
Reported reserves equal ~10.2 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Other trading activities (87% 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: 15.8% of total income — above the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (08/04/2018) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Operates in: Throughout England And Wales
Income and spending
Common questions
Is SPECIAL BOAT SERVICE ASSOCIATION financially healthy?
Per its FY2025 accounts: The charity reported a net surplus of £351,781 for the year, with total income of £3,591,386 and total expenditure of £3,351,741. The trustees confirmed that free reserves of £2,840,913 are sufficient to meet future obligations and continue operations. The accounts were audited by PKF Francis Clark, who issued an unqualified opinion. Its FY2025 accounts were audited by PKF Francis Clark.
Who funds SPECIAL BOAT SERVICE ASSOCIATION?
Funders whose own accounts filings name SPECIAL BOAT SERVICE ASSOCIATION as a grant recipient include THE ASTOR FOUNDATION, LEST WE FORGET ASSOCIATION, THE MEDLOCK CHARITABLE TRUST, THE CADOGAN CHARITY, THE ROTHERMERE FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.