BOAT BUILDING ACADEMY LIMITED
The Boat Building Academy (BBA) delivers training in a range of skills that encompass woodworking and furniture making to boatbuilding and marine related activities. Courses last from a few days to just under a year and there is some accommodation on site, almost on the beach in Lyme Regis, Dorset. As a charity we can assist some deserving men and women who could not otherwise afford the fees.
Financial health, per its FY2025 accounts
The accounts state that the financial statements give a true and fair view of the Charitable Company’s affairs. The independent auditor concluded that the trustees' use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the company's ability to continue operating for at least twelve months.
What the accounts disclose
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Leadership, per the charity’s website
- Will Reed — Director
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Cheryl Lisa Flett
- Janet Suzanne Breeze
- Jonathan Harding
- Martin Anthony Mason
- Philip Graham Bevan
- Robert Howard AYLOTT
- William Maxwell Reed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.3m | £1.1m |
| 31/08/2024 | £1.1m | £959k |
| 31/08/2023 | £809k | £771k |
| 31/08/2022 | £800k | £813k |
| 31/08/2021 | £716k | £774k |
Common questions
Is BOAT BUILDING ACADEMY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the financial statements give a true and fair view of the Charitable Company’s affairs. The independent auditor concluded that the trustees' use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the company's ability to continue operating for at least twelve months. Its FY2025 accounts were audited.
Who funds BOAT BUILDING ACADEMY LIMITED?
Funders whose own accounts filings name BOAT BUILDING ACADEMY LIMITED as a grant recipient include THE BRITFORD BRIDGE TRUST, DR RADCLIFFE'S TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BRITFORD BRIDGE TRUST | FY2024 | £25k | Primary |
| THE BRITFORD BRIDGE TRUST | FY2025 | £10k | Primary |
| DR RADCLIFFE'S TRUST | FY2024 | £4k | Bursaries for Disadvantaged Students for Training in Wooden Boat Building & Furniture Making |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE PAYBACK TIME TRUST | 1 | £125k |
| THE VERA WOLSTENCROFT CHILDREN AND ANIMAL CHARITABLE TRUST | 1 | £114k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £65k |
| THE PENNIES FOUNDATION | 1 | £13k |
| HAYS TRAVEL FOUNDATION | 1 | £9k |
Charities like this
- ESSA WATER ACTIVITIES CENTRE
- CARDIGAN BAY WATERSPORTS
- 3RD CHALKWELL BAY SEA SCOUT GROUP
- ARMY SAILING ASSOCIATION
- The Boathouse Youth
- WEYMOUTH SAILING CLUB CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BOAT BUILDING ACADEMY LIMITED | £1.3m | — | — | unclear | — | no doubt |
| ESSA WATER ACTIVITIES CENTRE | £185k | — | 0 | unclear | — | no doubt |
| CARDIGAN BAY WATERSPORTS | £64k | — | 0 | unclear | — | noted |
| 3RD CHALKWELL BAY SEA SCOUT GROUP | £157k | — | 0 | above | — | no doubt |
| ARMY SAILING ASSOCIATION | £963k | — | 0 | unclear | — | no doubt |
| The Boathouse Youth | £1.9m | — | — | below | — | no doubt |