ROYAL INSTITUTION OF NAVAL ARCHITECTS
The Charity is a professional body and its aims are the improvement of ships and all that specially appertains to them and the arrangement of periodical meetings for the purpose of discussing practical and scientific subjects bearing upon the design and construction of ships and their means of propulsion and all that relates thereto.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit in unrestricted funds of £409k for the year ended 30 September 2025, resulting in a net movement in funds of £501,705. Per the trustees' report, free reserves stood at £287k, which is below the stated policy target of circa £250k for minimum cash reserves, though the total unrestricted fund balance remains substantial at £5.6m.
What the accounts disclose
“one employee received renumeration in the range of £100,000-£110,000.” — page 24
“Two employees received remuneration in the range £60,000-£70,000, two employee received remuneration in the range £70,000-£80,000, one employee received renumeration in the range of £100,000-£110,000.” — page 24
“The Board of Trustees’ policy is to maintain minimum cash reserves at the level of 3 months forward cash outflow from HQ operating costs net of rental and investment income, namely circa £250k”
Year-over-year changes
- Top pay band moved from £140,001 - £150,000 (FY2024) to £100,001 - £110,000 (FY2025).
- Employees paid over £60,000: 7 (FY2024) → 5 (FY2025).
Leadership, per the charity’s website
- Catriona Savage — President
- Paul Jobson — CEO
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Annabelle Ransome-Williamschair
- Adam Pearce
- Andrew King
- Anna Evangelidis
- Charlotte Dodge
- Dimitris Monioudis
- Dr Alan Murphy
- Hampton Dixon
- John Kernaghan
- Martin Renilson Professor
- Nick Chrissos
- Nicola d'Hubert
- Sarah Watts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £1.9m | £2.3m |
| 30/09/2024 | £2.1m | £2.9m |
| 30/09/2023 | £2.0m | £2.7m |
| 30/09/2022 | £1.9m | £2.1m |
| 30/09/2021 | £1.7m | £2.1m |
Common questions
Is ROYAL INSTITUTION OF NAVAL ARCHITECTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit in unrestricted funds of £409k for the year ended 30 September 2025, resulting in a net movement in funds of £501,705. Per the trustees' report, free reserves stood at £287k, which is below the stated policy target of circa £250k for minimum cash reserves, though the total unrestricted fund balance remains substantial at £5.6m. Its FY2025 accounts were audited by HaysMac LLP.
What does the highest-paid employee of ROYAL INSTITUTION OF NAVAL ARCHITECTS earn?
Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 5 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| INTERNATIONAL FOUNDATION FOR AIDS TO NAVIGATION | 1 | £522k |
| KUSUMA TRUST UK | 1 | £195k |
| The Seafarers' Charity (King George's Fund for Sailors) | 1 | £60k |
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 1 | £56k |
| THE ROSE FOUNDATION | 1 | £17k |
| LLOYD'S REGISTER FOUNDATION | 1 | £10k |
Charities like this
- ROYAL INSTITUTE OF NAVIGATION
- THE ROYAL INSTITUTION OF GREAT BRITAIN
- THE INSTITUTION OF MECHANICAL ENGINEERS
- THE NAUTICAL INSTITUTE
- THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE
- ROYAL AIR FORCE SAILING ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROYAL INSTITUTION OF NAVAL ARCHITECTS | £1.9m | £100,001 - £110,000 | 5 | unclear | — | no doubt |
| ROYAL INSTITUTE OF NAVIGATION | £705k | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| THE ROYAL INSTITUTION OF GREAT BRITAIN | £9.8m | — | — | below | — | noted |
| THE INSTITUTION OF MECHANICAL ENGINEERS | £31.9m | — | — | unclear | — | no doubt |
| THE NAUTICAL INSTITUTE | £6.9m | — | — | above | — | no doubt |
| THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE | £189k | — | 0 | above | — | no doubt |