MARITIME CHILDREN'S FOUNDATION
To advance the education and development of children with a particular (but not exclusive) focus on disadvantaged children and their families, for the public benefit, by providing support, advocacy and services that complement those available in school, both within and outside of the school day.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £68,505, which exceeds its stated policy target of £35,000 (equivalent to one month's expenditure). The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern.
What the accounts disclose
“The Trustees have considered the level of reserves and aim to maintain reserves equivalent to one month's expenditure. Based on the budget for the year ended 31 July 2026, this figure is £35,000.” — page 8
“During the period, the Charity received total income from Maritime Academy Trust of £217,000. The Charity also paid Maritime Academy Trust £243,566 for expenses recharged during the period. At 31 July 2025, the Charity owed £113,813 to Maritime Academy Trust for expenses recharged, and was owed £173,000 from Maritime Academy Trust for income received post year end.” — page 20
Trustees
- Lucia Glynnchair
- Donna Cusack
- Elaine Kenyon
- Elizabeth Murray
- John Camp OBE
- Julian Van Kan
- Nicky Osborne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £234k | £166k |
Common questions
Is MARITIME CHILDREN'S FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £68,505, which exceeds its stated policy target of £35,000 (equivalent to one month's expenditure). The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.