PILGRIM HERITAGE SAILING FOUNDATION

Registered charity 1175124 · accounts filings on the Charity Commission register

The preservation, operation, maintenance and protection of the 1895 sailing trawler Pilgrim of Brixham BM45, which is of historic and maritime importance. Pilgrim is a member of the UK National Historic Fleet.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income

£160k

Latest spending

£177k

Registered

2017

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating deficit of £16,645 for the year ended 31 December 2024, resulting in total unrestricted reserves falling to £116,250. The trustees acknowledge that further material refit and repair costs are anticipated and have undertaken a major cost-cutting exercise to manage these conservation challenges. Despite the deficit, the trustees maintain a going concern basis, citing adequate resources and increased fundraising income.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £50,001 - £60,000 — below the median for charities its size (£60k)

“No paid employees received total employee benefits in excess of £60,000.” — page 16

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Pilgrim of Brixham BM45 (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Register events

Received assets from another charity (20/02/2019) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Richard Thomas Kirbychair · trustee of 1 other charity
Andy Murray
Jeremy Alan Neech
Thomas Searle

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall · Devon · Isles Of Scilly · Torbay

Income and spending

Financial year end	Income	Spending
31/12/2024	£160k	£177k
31/12/2023	£118k	£158k
31/12/2022	£127k	£110k
31/12/2021	£147k	£131k
31/12/2020	£66k	£72k

Common questions

Is PILGRIM HERITAGE SAILING FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £16,645 for the year ended 31 December 2024, resulting in total unrestricted reserves falling to £116,250. The trustees acknowledge that further material refit and repair costs are anticipated and have undertaken a major cost-cutting exercise to manage these conservation challenges. Despite the deficit, the trustees maintain a going concern basis, citing adequate resources and increased fundraising income. Its FY2024 accounts were independently examined.

What does the highest-paid employee of PILGRIM HERITAGE SAILING FOUNDATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £50,001 - £60,000 band.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
The National Lottery Heritage Fund	18/05/2020	£20k	"COVID-19 Pilgrim Heritage Sailing Foundation"