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THE BOLEH TRUST

Registered charity 1175954 · accounts filings on the Charity Commission register

The main aim of the Boleh Trust is to offer sailing opportunities to young people..

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Environment/conservation/heritage · website · Get email alerts

Latest income
£55k
Latest spending
£70k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £15,348 for the year ended 31 December 2025, marking the second consecutive year of such a deficit. Despite this, the trustees remain confident in the trust's viability, citing secured grants and a scaled-down budget for 2026, while noting that unrestricted funds have decreased to £94,364.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £94k; policy: three to six months of expenditure)
“At year end 2025 and to date, the Holding Reserve remains at £15k.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Former trustees GRG and HKW Middleton are owed £14,462 in loans. Legally binding agreements state loans will not be reclaimed by their estates upon death, and repayment is reserved by trustees if funds allow.
“At 31 December 2025 the former Trustees, Messrs GRG and HKW Middleton, in equal shares, were owed £14,462 by the Boleh Trust CIO.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — The Boleh Trust (matched by registered charity number).

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

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2025£55k£70k
31/12/2024£61k£75k
31/12/2023£107k£74k
31/12/2022£93k£78k
31/12/2021£51k£57k

Common questions

Is THE BOLEH TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £15,348 for the year ended 31 December 2025, marking the second consecutive year of such a deficit. Despite this, the trustees remain confident in the trust's viability, citing secured grants and a scaled-down budget for 2026, while noting that unrestricted funds have decreased to £94,364. Its FY2025 accounts were independently examined.

Who funds THE BOLEH TRUST?

Funders whose own accounts filings name THE BOLEH TRUST as a grant recipient include NUFFIELD TRUST FOR THE FORCES OF THE CROWN, THE ROYAL NAVY AND ROYAL MARINES CHARITY, THE ADRIAN SWIRE CHARITABLE TRUST, THE VALENTINE CHARITABLE TRUST, THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2023£33kBoleh Trust
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2022£30kBOLEH Trust
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2022£30kBOLEH Trust
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2024£30kBOLEH Trust
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2025£30kBOLEH Trust
THE ROYAL NAVY AND ROYAL MARINES CHARITYFY2022£30kQuality of Life Pathway
THE ADRIAN SWIRE CHARITABLE TRUSTFY2023£20k
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2022£20kRG Association Clubhouse Refurbishment
NUFFIELD TRUST FOR THE FORCES OF THE CROWNFY2022£20kRG Association Clubhouse Refurbishment
THE VALENTINE CHARITABLE TRUSTFY2025£10k
THE ADRIAN SWIRE CHARITABLE TRUSTFY2022£8k
THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATIONFY2025£5k
THE ALICE ELLEN COOPER-DEAN CHARITABLE FOUNDATIONFY2024£5k
PAYNE GALLWEY 1989 CHARITABLE TRUSTFY2022£5k
PAYNE GALLWEY 1989 CHARITABLE TRUSTFY2024£3k
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2025£813Hammond Innes Bursaries
THE ASSOCIATION OF SAIL TRAINING ORGANISATIONSFY2022£314Hammond Innes Bursaries
THE SHIPWRIGHTS CHARITABLE FUNDFY2025£300Responsive Donation

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2018£5kALB - Armed forces Covenant Fund Trust- Covenent Fund
The National Lottery Heritage Fund17/01/2014£63k"Boleh Sail Training Transition Study"
The National Lottery Heritage Fund30/11/2011£829k"Project Boleh"