THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)
To support seafarers in need with provision of sheltered housing, support, holidays and financial aid.
Objects
THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT, TO PROVIDE EXCLUSIVELY CHARITABLE SUPPORT, SERVICES AND GRANTS TO: (A) THOSE MEN AND WOMEN WHO ARE OR HAVE BEEN SEAFARERS, AND THEIR DEPENDANTS, WHO ARE IN NEED OF ASSISTANCE BY THE PROVISION OF ACCOMMODATION, FINANCIAL ALLOWANCES OR GRANTS AND IN SUCH OTHER WAYS AS THE BOARD THINK FIT; AND(B) THOSE MEN AND WOMEN WHO ARE OR HAVE BEEN SEAFARERS AND WHO ARE SICK, DISABLED, AGED OR INFIRM OR WHO REQUIRE REST OR CONVALESCENCE BY THE PROVISION AND MAINTENANCE OF A CONVALESCENT HOME OR REST HOME OR IN SUCH OTHER WAYS AS THE BOARD THINK FIT;AND TO OTHERWISE EXTEND ITS SERVICES TO THOSE PERSONS HAVING AN APPROPRIATE CONNECTION WITH THE SEA AS THE BOARD THINKS FIT.4.2 NOTHING IN THESE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND/OR SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.
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.
What the accounts disclose
“Charitable activities 4 667,927 - 667,927” — page 15
“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
“Included in investments is a £1 investment in the subsidiary Springbok Estates Ltd.” — page 25
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 0 (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- 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
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 41
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 2
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 6
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/03/2023 (received 03/04/2024, 63 days after the 31/01/2024 due date); year ending 31/03/2021 (received 21/02/2022, 21 days after the 31/01/2022 due date).
Leadership, per the charity’s website
- Joe Nicholson — Chief Executive
Funders the charity credits
- South Africa
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (14/10/2022)
- Received assets from another charity (16/10/2020)
Trustees
- Kenneth Usherchair
- Adrian Montague Long
- Alistair Mackenzie
- Amelia Goodwin
- Andrew Charles Speirs
- Colin Stracey
- Gareth Elwood James Jameson
- Gary Hosie
- NIGEL CHRISTOPHER WATERSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.6m |
| 31/03/2024 | £1.0m | £1.5m |
| 31/03/2023 | £4.8m | £1.4m |
| 31/03/2022 | £907k | £975k |
| 31/03/2021 | £1.3m | £973k |
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
- Kenneth Usher — trustee here and at MERCHANT NAVY WELFARE BOARD
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MERCHANT NAVY WELFARE BOARD | FY2024 | £46k | Main building fire doors |
| THE I T F SEAFARERS TRUST | FY2021 | £40k | |
| MERCHANT NAVY WELFARE BOARD | FY2025 | £25k | Beneficiary Window Replacement Programme 2025 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/04/2026 | £18k | Restoration of the Walled Garden at Care Ashore |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 2 | £75k |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | 1 | £99k |
| COMBINED CADET FORCE ASSOCIATION | 1 | £50k |
| THE GOSLING FOUNDATION LIMITED | 1 | £50k |
| JOHNNIE JOHNSON TRUST | 1 | £24k |
| THE CONNAUGHT TRUST | 1 | £13k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £7k |
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £7k |
Charities like this
- THE MERSEY MISSION TO SEAFARERS
- SEAFARERS HOSPITAL SOCIETY
- WHITBY MERCHANT SEAMEN'S HOSPITAL HOUSES
- THE MARINE SOCIETY AND SEA CADETS
- INTERNATIONAL CHRISTIAN MARITIME ASSOCIATION
- THE MERCHANT VENTURERS CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED) | £1.4m | — | 0 | unclear | — | no doubt |
| THE MERSEY MISSION TO SEAFARERS | £166k | — | 0 | unclear | — | no doubt |
| SEAFARERS HOSPITAL SOCIETY | £544k | £90,001 - £100,000 | 1 | above | — | no doubt |
| WHITBY MERCHANT SEAMEN'S HOSPITAL HOUSES | £98k | — | 0 | unclear | — | no doubt |
| THE MARINE SOCIETY AND SEA CADETS | £23.6m | — | — | unclear | 6.0% | no doubt |
| INTERNATIONAL CHRISTIAN MARITIME ASSOCIATION | £231k | — | — | unclear | — | no doubt |