ROYAL NAVY WINTER SPORTS ASSOCIATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £133,021 for the year ended 31 May 2025, resulting in total unrestricted funds rising to £302,428. The trustees note that unrestricted funds are above their stated policy target range of £141,900 to £283,700, indicating a strong financial position with improved liquidity and reduced creditors.
What the accounts disclose
“The Trustees have set a target level of free reserves equivalent to between three and six months of running costs.” — page 12
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- Rear Admiral Jonathan Patrick Pentreathchair
- DANIEL COX BBS MSC
- GRAEME ALEXANDER ARMOUR MA
- KAREN TERESA MARY SPENCER-SMITH
- LAVINIA LISA THOMSEN
- RICHARD JOHN READ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £700k | £567k |
| 31/05/2024 | £0 | £0 |
Common questions
Is ROYAL NAVY WINTER SPORTS ASSOCIATION financially healthy?
The accounts state that the charity reported a net income of £133,021 for the year ended 31 May 2025, resulting in total unrestricted funds rising to £302,428. The trustees note that unrestricted funds are above their stated policy target range of £141,900 to £283,700, indicating a strong financial position with improved liquidity and reduced creditors. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| ARMED FORCES COVENANT FUND | 1 | £384k |
| THE ADDERSTONE FOUNDATION | 1 | £18k |