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PORTSMOUTH ROYAL MARITIME CLUB

Registered charity 1205660 · accounts filings on the Charity Commission register

The provision of recreational facilities to facilitate comradeship and support of seafarers - particularly members of the Royal Naval Service, its reserves, the RFA, QARNNS

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Latest income
£2.9m
Latest spending
£3.0m
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net loss of £131,542 from unrestricted funds for the year ended 31 December 2025, primarily due to rising utility costs and interest rates. Despite this loss, total reserves increased to £3,733,824, driven by a £942,537 revaluation gain on freehold property. The trustees confirm the charity is a going concern with no material uncertainties.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £1.9m)
“It is the policy of the Trustees to maintain free cash reserves sufficient to cover the overheads of the charity for three months in the event all income ceased.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Finally, the CIO received income for event hire from the Naval Families Federation of £654 (2024: Enil). Paul Anthony Quinn is a Trustee of both Portsmouth Royal Maritime Club and Naval Families Federation.
“Finally, the CIO received income for event hire from the Naval Families Federation of £654 (2024: Enil). Paul Anthony Quinn is a Trustee of both Portsmouth Royal Maritime Club and Naval Families Federation.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Portsmouth Royal Maritime Club Limited
“The charity's wholly owned trading subsidiary Portsmouth Royal Maritime Club Limited, which is incorporated in England and Wales (registered no. 03681448), pays all profits to the charity.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by MC Audit Limited. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£2.9m
Total spending
£3.0m
Cost of raising funds
£1.1m
Reserves (reported)
£3.7m
Employees
88

Reported reserves equal ~14.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

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Trustees · trustee networks

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

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
31/12/2025£2.9m£3.0m
31/12/2024£2.5m£2.4m

Common questions

Is PORTSMOUTH ROYAL MARITIME CLUB financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net loss of £131,542 from unrestricted funds for the year ended 31 December 2025, primarily due to rising utility costs and interest rates. Despite this loss, total reserves increased to £3,733,824, driven by a £942,537 revaluation gain on freehold property. The trustees confirm the charity is a going concern with no material uncertainties. Its FY2025 accounts were audited by MC Audit Limited.