BALTIC EXCHANGE CHARITABLE FOUNDATION

Registered charity 1178830 · accounts filings on the Charity Commission register

The relief of persons in need who fall withing the definition of potential beneficiarieslife members of the former Baltic Exchange Charitable Society and their familypersons who are or have been employed by the Baltic Exchangesuch other persons who are or have been engaged in maritime activitiesand who are in need as a result of financial hardship, age, illness or disability.

Causes: General Charitable Purposes · Disability · The Prevention Or Relief Of Poverty · Other Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity holds significant unrestricted reserves of £2,361,808 and total funds of £9,797,475, supported by investment assets valued at £9,391,180. The trustees confirm the charity is a going concern, with investment income forecast to be adequate to support grant commitments and administrative costs for at least 12 months. The charity has no staff and is managed by its trustees, with minimal cash held in operating bank accounts.

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

What the accounts disclose

Accounts audited by Cresswells Accountants (UK) Limited. Discloses 4 of 6 completeness components.

Year-over-year changes

• Reserves position vs the charity's own policy moved from "below" (FY2023) to "above" (FY2024).

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/12/2021)

Reported reserves equal ~22.8 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Other (98% 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: 0.4% of total income — below the median for charities its size (2.9%) (benchmarks).

Register events

• Received assets from another charity (11/09/2025) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (30/10/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (30/10/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
• Received assets from another charity (17/10/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• WILLIAM MICHAEL ROBSONchair
• COLM JOSEPH NOLAN · trustee of 1 other charity
• Carl David Ackerley
• Denis Andreas Petropoulos
• Guy Christopher Blair Hindley
• Kirsty Anne Marsh
• LAMBROS CLEANTHIS VARNAVIDES
• Lord Jeffrey Mountevans
• MARK ANTHONY READ
• MARK ROBERT JACKSON
• Robert Thomas Reed
• Simon Trowell

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Common questions

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE I T F SEAFARERS TRUST.

• THE I T F SEAFARERS TRUST income £1.5m
• MERCHANT NAVY WELFARE BOARD income £808k
• The Seafarers' Charity (King George's Fund for Sailors) income £3.9m
• THE STOCK EXCHANGE BENEVOLENT FUND income £773k
• THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY income £1.6m
• SAILSHIP TRAINING AND LEARNING FOR LIFE income £343k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.