HULL MARITIME FOUNDATION
To advance education through the work, collections, activities and programmes of Hull's Maritime Museum, the North End Shipyard, Arctic Corsair and Spurn Lightship. To advance/promote the Hull's maritime history, heritage and culture through support of and advocacy for Hull: Yorkshire's Maritime City project.
Financial health, per its FY2024 accounts
The accounts state that the charity's net assets amounted to £76,901 at the end of the financial year, with total income of £49,380 and expenditure of £48,944. The trustees describe the financial position as strong and note that the charity holds no property assets. The reserves policy is to hold no monies in reserve, a stance agreed upon given that trustees are volunteers and the charity has no paid staff.
What the accounts disclose
“Grants - 48,000 48,000 29,000” — page 12
“Hull Maritime Foundation’s ongoing reserves policy is to hold no monies in reserve.” — page 5
Trustees
- Professor David Atkinsonchair
- Daniel O' Gorman
- John Blake
- Jonathan Tasker
- Matthew Mitchell Wright
- Nicholas James Allen
- Rebecca Theobald
- Rosslyn Cameron Stuart
- Susan Mary Frankish
- Vanessa Maria Burstall Nolan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £49k | £48k |
| 31/12/2023 | £31k | £250k |
| 31/12/2022 | £331k | £150k |
| 31/12/2021 | £106k | £350k |
| 31/12/2020 | £352k | £0 |
Common questions
Is HULL MARITIME FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity's net assets amounted to £76,901 at the end of the financial year, with total income of £49,380 and expenditure of £48,944. The trustees describe the financial position as strong and note that the charity holds no property assets. The reserves policy is to hold no monies in reserve, a stance agreed upon given that trustees are volunteers and the charity has no paid staff. Its FY2024 accounts were independently examined.
Who funds HULL MARITIME FOUNDATION?
Funders whose own accounts filings name HULL MARITIME FOUNDATION as a grant recipient include THE FOYLE FOUNDATION, THE HEADLEY TRUST, THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND, THE SIR JAMES RECKITT CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FOYLE FOUNDATION | FY2022 | £250k | |
| THE HEADLEY TRUST | FY2022 | £50k | Towards the conservation and refurbishment costs of the Arctic Corsair and the Spurn Lightship. |
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | FY2024 | £48k | Public Safety and Education (Restricted Fund) |
| THE SIR JAMES RECKITT CHARITY | FY2021 | £10k | Education |
| THE SIR JAMES RECKITT CHARITY | FY2023 | £4k | Education |
| THE SIR JAMES RECKITT CHARITY | FY2022 | £4k | Education |