THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY
The Guild aims to assist generally in the relief of hardship for marine engineers, past and present members of the IMarEST, and their dependents, by making regular grants to supplement very low incomes and by making one-off grants to assist in the purchase of items essential for the recipient's wellbeing, essential home repairs, costs of respite care and with debt relief.
Financial health, per its FY2025 accounts
The accounts state that free reserves increased to £4,271,750, supported by a significant rise in incoming resources to £722,865, largely driven by legacies. The Trustees confirm that the underlying financial strength remains sufficient to maintain current grant levels, noting that investment income continues to provide adequate funds for grant-making.
What the accounts disclose
“There are two fundamental objectives which the Guild’s reserves should aim to achieve: a) Firstly, there is the ongoing aim to continue to pay regular grants for the foreseeable future b) Secondly, there is the need for funds to support the current work of the Guild in assisting new applicants and ensure that this work will continue in the long term.” — page 8
“The Institute of Marine Engineering, Science and Technology have charged £36,000 to the Guild of Benevolence during the year (2024: £28,000). This charge relates to the provision of administrative support and office space by the Institute.” — page 9
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Professor James Crabbe CMarScichair
- Aidan Kirby SIMarEST
- Alexander Campbell
- Captain Henry Bryan Anthony Richard Andrews-Tipler BSc AFNI
- Christopher Goldsworthy CEng
- Deborah Ann Brown
- EUR ING Gary John McKenzie
- Gary John Hindmarch CEng
- Joanna Sawh MSc
- Neil Atkinson MNM BSc
- Neil Darby BA FCA
- Peter John Blacklock BEngH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £723k | £226k |
| 30/09/2024 | £173k | £184k |
| 30/09/2023 | £230k | £145k |
| 30/09/2022 | £109k | £147k |
| 30/09/2021 | £128k | £130k |
Common questions
Is THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY financially healthy?
Per its FY2025 accounts: The accounts state that free reserves increased to £4,271,750, supported by a significant rise in incoming resources to £722,865, largely driven by legacies. The Trustees confirm that the underlying financial strength remains sufficient to maintain current grant levels, noting that investment income continues to provide adequate funds for grant-making. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £13k |
| THE GOSLING FOUNDATION LIMITED | 1 | £10k |
| THE THREE OAKS TRUST | 1 | £5k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £5k |
| CHAPMAN CHARITABLE TRUST | 1 | £2k |
| THE DIXIE ROSE FINDLAY CHARITABLE TRUST | 1 | £2k |
| FRIARSGATE TRUST | 1 | £2k |
| W G EDWARDS CHARITABLE FOUNDATION | 1 | £1k |
Charities like this
- THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND
- THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY
- ICE BENEVOLENT FUND
- THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS
- THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE
- THE ROYAL NAVAL BENEVOLENT SOCIETY FOR OFFICERS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY | £723k | — | 0 | above | — | no doubt |
| THE INSTITUTION OF STRUCTURAL ENGINEERS BENEVOLENT FUND | £113k | — | 0 | unclear | 24.5% | no doubt |
| THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY | £3.1m | — | — | unclear | — | no doubt |
| ICE BENEVOLENT FUND | £1.7m | £60,001 - £70,000 | 1 | above | — | no doubt |
| THE BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS | £1.7m | — | 0 | unclear | — | no doubt |
| THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE | £189k | — | 0 | above | — | no doubt |