NORTH SEA CONSERVATION
Undertaking education, research and conservation
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total surplus of £99,781 for the year ended 31 March 2025, with unrestricted reserves increasing to £174,488. The trustees identified the lack of reserves and long-term debt repayments as principal risks, though they confirmed the charity remains a going concern based on written assurance from a major creditor.
What the accounts disclose
“Total income for the year ending 31st March 2025 was £294,054 (2024 - £141,313) of which £213,916 was restricted grants” — page 6
“NSC is working towards reserves of £40,000 which will ensure the hatchery has a strong financial position. At 31st March 2025 actual reserves were £45,090.” — page 6
“The charity pays rent to the Marine Discovery Centre Whitby CIC (MDC) for the area it occupies within the Visitor Centre. Terry Pearson, a trustee of the charity for 9 months and Joe Redfern, general manager of the charity are directors and shareholders of MDC. The rent for this space is £410 per month from October 2023. £2,460 is due for the year to 31st March 2025 and £410 is owing to MDC at the year end.” — page 22
“Finally, the charity is charging MDC for part use of the charity's office. This is charged at £115 per month from March 2023. £1,380 is shown in income for the year to 31st March 2025 and the same amount is also shown in accrued income.” — page 22
“The charity pays rent to the Marine Discovery Centre Whitby CIC (MDC) for the area it occupies within the Visitor Centre. Terry Pearson, a trustee of the charity for 9 months and Joe Redfern, general manager of the charity are directors and shareholders of MDC. The rent for this space is £410 per month from October 2023. £2,460 is due for the year to 31st March 2025 and £410 is owing to MDC at the year end.” — page 22
“Finally, the charity is charging MDC for part use of the charity's office. This is charged at £115 per month from March 2023. £1,380 is shown in income for the year to 31st March 2025 and the same amount is also shown in accrued income.” — page 22
Trustees
- Linda Wildchair
- Emma Clea McMurray
- Marcus Lee Mills
- Simon Brockington
- Stuart Adrian Roe
- Tobyn Dickinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £294k | £194k |
| 01/04/2024 | £141k | £98k |
| 01/04/2023 | £76k | £64k |
| 01/04/2022 | £94k | £46k |
Common questions
Is NORTH SEA CONSERVATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a total surplus of £99,781 for the year ended 31 March 2025, with unrestricted reserves increasing to £174,488. The trustees identified the lack of reserves and long-term debt repayments as principal risks, though they confirmed the charity remains a going concern based on written assurance from a major creditor. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 23/02/2024 | £99k | "Whitby Lobster Hatchery & Marine Discovery Centre 2023" |