THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)
Registered charity 207500 · accounts filings on the Charity Commission register · also known as CARE ASHORE
To support seafarers in need with provision of sheltered housing, support, holidays and financial aid.
Causes: General Charitable Purposes · Accommodation/housing · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £164,009 for the year ended 31 March 2025, driven by a significant increase in the value of investment properties. The charity holds free reserves of £2,874,644, which the trustees consider sufficient to support capital projects and six months of continued operations. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Charitable activities (49% of income)
“Charitable activities 4 667,927 - 667,927” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months of unrestricted expenditure (held: £2.9m)
“The trustee’s policy is to maintain reserves at a level sufficient to support both Capital Projects and a renovation programme, plus to build reserves such that there are sufficient funds available to enable continued operations for a period of six months.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Springbok Estates Ltd
“Included in investments is a £1 investment in the subsidiary Springbok Estates Ltd.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Xeinadin Audit Limited. Discloses 5 of 6 completeness components.
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 0 (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Leadership, per the charity’s website
- Joe Nicholson — Chief Executive (source)
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.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- South Africa — “The Springbok Estate was purchased in 1946 with funds from South Africa as a living memorial to those who served during the Second World War…” (source page)
Property (HM Land Registry)
4 registered titles in England and Wales held by the charity’s company or corporate body (4 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 · linkedin
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£155k
Reserves (reported)
£12.6m
Reported reserves equal ~92.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (49% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 11.5% of total income — above the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (14/10/2022) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Received assets from another charity (16/10/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Kenneth Usherchair · trustee of 1 other charity
- Adrian Montague Long
- Alistair Mackenzie · trustee of 1 other charity
- Amelia Goodwin
- Andrew Charles Speirs
- Colin Stracey
- Gareth Elwood James Jameson
- Gary Hosie · trustee of 1 other charity
- NIGEL CHRISTOPHER WATERSON
Trustee list from the Charity Commission register (current, not historical).
Operates in: Surrey
Income and spending
Common questions
Is THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £164,009 for the year ended 31 March 2025, driven by a significant increase in the value of investment properties. The charity holds free reserves of £2,874,644, which the trustees consider sufficient to support capital projects and six months of continued operations. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Who funds THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)?
Funders whose own accounts filings name THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED) as a grant recipient include MERCHANT NAVY WELFARE BOARD, THE I T F SEAFARERS TRUST.
Shared trustees with funders
Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with SAILORS' SOCIETY.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.