SOUTH ATLANTIC ENVIRONMENTAL RESEARCH INSTITUTE
Financial health, per its FY2024 accounts
The accounts state that the charity experienced a downturn in grant funding success, leading to a net deficit of £112,864 for the year. To mitigate this, the charity utilized its reserves, reducing free unrestricted reserves to £66,601, which represents three months of operating expenditure against a policy target of six to nine months. The trustees confirm the group remains a going concern based on confirmed future project income and strong commercial performance from its subsidiary.
What the accounts disclose
“The free reserves amount to 3 months (2023 – 6 months) of operating expenditure.” — page 21
“During the year, no Trustees received any remuneration or other benefits in their capacity as Trustee (2023: £nil). However, Paul Brickle, was remunerated in his capacity as Chief Executive Director while acting as Trustee (note 28).” — page 32
“During the year, Trustee Dr Paul Brickle was paid £32,637 (2023: £66,009) for his role as Chief Executive Officer while acting as Trustee. Dr Paul Brickle resigned as a Trustee 7 December 2023.” — page 37
Leadership, per the charity’s website
- Charles Peter Judge — Chairman
- Dr Paul Brickle — Chief Executive Officer
- Dr Alastair Baylis — Deputy Director- Science
- Elaine Boyd — Head of Business & Finance
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- CHARLES JUDGE MBEchair
- Dr Amandine Gamble
- Dr Gary Nichols
- Prof Christopher David Evans
- Professor Richard John Sanders
- Professor Stuart B Piertney
- Tracy Kim Satherley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.1m | £1.1m |
| 30/06/2024 | £1.3m | £1.4m |
| 30/06/2023 | £1.4m | £1.2m |
| 30/06/2022 | £1.4m | £1.4m |
| 30/06/2021 | £1.2m | £1.1m |
Common questions
Is SOUTH ATLANTIC ENVIRONMENTAL RESEARCH INSTITUTE financially healthy?
The accounts state that the charity experienced a downturn in grant funding success, leading to a net deficit of £112,864 for the year. To mitigate this, the charity utilized its reserves, reducing free unrestricted reserves to £66,601, which represents three months of operating expenditure against a policy target of six to nine months. The trustees confirm the group remains a going concern based on confirmed future project income and strong commercial performance from its subsidiary. Its FY2024 accounts were audited by PKF Francis Clark.
Who funds SOUTH ATLANTIC ENVIRONMENTAL RESEARCH INSTITUTE?
Funders whose own accounts filings name SOUTH ATLANTIC ENVIRONMENTAL RESEARCH INSTITUTE as a grant recipient include JOHN ELLERMAN FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| JOHN ELLERMAN FOUNDATION | FY2023 | £103k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BANISTER CHARITABLE TRUST | 1 | £379k |
| THE HDH WILLS 1965 CHARITABLE TRUST | 1 | £20k |
| THE LINDER FOUNDATION | 1 | £3k |