DAME AGNES WESTON'S ROYAL CHARITY FOR THE NAVAL SERVICE
Promotion of the efficiency of the Royal Navy and Royal Marines and the advancement of the Christian Faith. To provide pastoral care and practical help for serving personnel of the Royal Navy and Royal Marines and their families.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £367,663 for the year ended 31 March 2025, primarily due to significant unrealized losses on investments. However, the charity holds substantial total funds of £14,008,487, including £310,109 in free unrestricted reserves, which the trustees consider sufficient to continue operations. The trustees confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Trustees agreed in October 2024 to maintain a reserve of £300,000 for the smoothing out of the variations of income and expenditure.” — page 11
Structured financials (annual return, FY ending 31/03/2026)
Register events
- Received assets from another charity (10/07/2023)
- Received assets from another charity (12/02/2019)
Trustees
- Patrick Lyons Allenchair
- Adeola Oludemi
- Hugh James Leonard Harris
- Louise Frances Victoria Wooller
- STUART SOMERVILLE
- Samuel Adams
- Stephen Martin
- Susanna Williford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £902k | £1.4m |
| 31/03/2025 | £971k | £1.0m |
| 31/03/2024 | £919k | £880k |
| 31/03/2023 | £882k | £809k |
| 31/03/2022 | £732k | £767k |
Common questions
Is DAME AGNES WESTON'S ROYAL CHARITY FOR THE NAVAL SERVICE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £367,663 for the year ended 31 March 2025, primarily due to significant unrealized losses on investments. However, the charity holds substantial total funds of £14,008,487, including £310,109 in free unrestricted reserves, which the trustees consider sufficient to continue operations. The trustees confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Gibson Whitter.
Who funds DAME AGNES WESTON'S ROYAL CHARITY FOR THE NAVAL SERVICE?
Funders whose own accounts filings name DAME AGNES WESTON'S ROYAL CHARITY FOR THE NAVAL SERVICE as a grant recipient include THE ROYAL NAVY AND ROYAL MARINES CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ROYAL NAVY AND ROYAL MARINES CHARITY | FY2024 | £136k | Individual Benevolence |
| THE ROYAL NAVY AND ROYAL MARINES CHARITY | FY2022 | £130k | Quality of Life Pathway |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 10/02/2023 | £32k | Covenant Fund |
| UK government | 18/06/2021 | £9k | Covenant Fund |