PORTSMOUTH ROYAL MARITIME CLUB
The provision of recreational facilities to facilitate comradeship and support of seafarers - particularly members of the Royal Naval Service, its reserves, the RFA, QARNNS
Objects
THE OBJECTS OF THE CIO ARE:1. IN THE INTERESTS OF SOCIAL WELFARE, TO IMPROVE THE CONDITIONS OF LIFE OF SEAFARERS BY PROVIDING A CLUB FOR ACCOMMODATION, RECREATION AND OTHER LEISURE-TIME OCCUPATION; AND2. THE RELIEF OF SEAFARERS AND FORMER SEAFARERS WHO ARE IN NEED, HARDSHIP OR DISTRESS.3. THE TRUSTEES MAY PROVIDE THE CLUB FACILITIES AT A REDUCED CHARGE, OR FREE OF CHARGE, TO SEAFARERS WHO ARE IN NEED, HARDSHIP OR DISTRESS.4. THE TRUSTEES MAY PROVIDE RELIGIOUS, USEFUL AND PROFESSIONAL INSTRUCTION TO SEAFARERS.5. THE LAND IDENTIFIED IN THE SCHEDULE TO THIS SCHEME MUST BE RETAINED BY THE TRUSTEES FOR USE FOR THE OBJECTS OF THE CHARITY.
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.
What the accounts disclose
“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
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2024
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
Corporate structure
- Trading subsidiary: PORTSMOUTH ROYAL MARITIME CLUB Companies House CE034239
Leadership, per the charity’s website
- David Knight — Chief Executive
- Mike Dawe — Chair
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (08/05/2025)
Trustees
- Michael John Dawechair
- Charlotte Mary Steelsmith
- Colin Malcolm Henry
- Kate Cosco
- Martin Patrick Victor Duck
- Michael John Massey
- Nathan John Levison Batther
- Paul Anthony Quinn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GOSLING FOUNDATION LIMITED | 2 | £150k |
| ARMED FORCES COVENANT FUND | 1 | £384k |
| BRUCE WAKE CHARITY | 1 | £200k |
| THE I T F SEAFARERS TRUST | 1 | £100k |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | 1 | £99k |
| COMBINED CADET FORCE ASSOCIATION | 1 | £50k |
| JOHNNIE JOHNSON TRUST | 1 | £24k |
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 1 | £20k |
Charities like this
- EXMOUTH ROWING CLUB
- THE ROYAL NAVY AND ROYAL MARINES CHARITY
- RUTLAND SAILABILITY
- THE MARINE SOCIETY AND SEA CADETS
- QUEEN MARY'S ROEHAMPTON TRUST
- NATIONAL MARITIME MUSEUM CORNWALL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PORTSMOUTH ROYAL MARITIME CLUB | £2.9m | — | — | unclear | — | no doubt |
| EXMOUTH ROWING CLUB | £36k | — | 0 | unclear | — | no doubt |
| THE ROYAL NAVY AND ROYAL MARINES CHARITY | £16.2m | — | — | above | — | no doubt |
| RUTLAND SAILABILITY | £263k | — | 0 | unclear | — | no doubt |
| THE MARINE SOCIETY AND SEA CADETS | £23.6m | — | — | unclear | 6.0% | no doubt |
| QUEEN MARY'S ROEHAMPTON TRUST | £479k | — | 0 | above | — | no doubt |