THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY
The Shipwrecked Mariners' Society provides financial support to retired seafarers (Merchant Navy and Fishing Fleet) and their dependants and those unable to continue working at sea through accident, disability, illness or for compassionate reasons. The Charity operates through a nationwide network of volunteers.The Society makes annual awards for acts of skill and gallantry at sea.
Objects
TO PROMOTE THE WELFARE OF SEAMEN GENERALLY, THEIR WIVES, WIDOWS AND CHILDREN AND OTHERS DEPENDANT ON THEM.
- CORNWALL SEAMEN'S BENEVOLENT TRUST (charity 232198) — merger registered 20/12/2007
- HULL FISHERMEN'S TRUST FUND (charity 226532) — merger registered 20/12/2007
- THE ROYAL SEAMEN'S PENSION FUND (charity 223323) — merger registered 20/12/2007
Financial health, per its FY2026 accounts
The accounts state that the charity reported an operating deficit of £738,000 for the year ended 31 March 2026, with total income of £1.55 million against expenditure of £2.29 million. However, the trustees confirm that unrestricted reserves of £27.6 million remain robust, supported by an investment portfolio valued at £28.9 million, which provides the primary income stream for long-term sustainability.
What the accounts disclose
“One employee, who the charity considers its key management person, received emoluments within the £100,000 - £110,000 band and £12,855 was contributed to a defined contribution scheme on behalf of this employee” — page 23
“One employee, who the charity considers its key management person, received emoluments within the £100,000 - £110,000 band” — page 23
“This holds sufficient resources in short term realizable investment assets and cash to support administrative overheads and regular grants for a period of at least twelve months.” — page 10
Year-over-year changes
- Top pay band moved from £90,001 - £100,000 (FY2025) to £100,000 - £110,000 (FY2026).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses 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 31/03/2026
- Volunteers: 100
- Employees paid over £60,000: 1 (£100,001–£110,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 150
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 150
- Employees paid over £60,000: 1 (£90,001–£100,000: 1)
- Grant-making is its main activity
Corporate structure
- Trading subsidiary: SHIPWRECKED MARINERS TRADING LIMITED Companies House 00888664
- Donated/gift-aided to the charity: £10k
- Intercompany debtor balance of £5,000 (2023: £5,000) and intercompany creditor balance of £1,000 (2023: £1,000).
“From | April 2020 the assets and operations of the company were transferred into Shipwrecked Mariners Society. The total value of this transfer amounted to £9,905,”
What the charity says about itself (2024-25)
“Made regular grant payments to 1,236 people at a cost of £1.1 million.”
“Handled 885 new applications for assistance.”
“Made one-off or crisis grants to 783 people, at a cost of £327,000.”
Leadership, per the charity’s website
- Admiral Sir George Zambellas GCB DSC DL FRAeS — President
- Captain Justin Osmond RN — Chief Executive
- Commander Andrea Crook RN* — Chair
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- Cdr Andrea Crook RNchair
- Alison Claire Harris
- Anthony Peter Delahunty
- CAPTAIN NIGEL PALMER OBE MNM
- CAPTAIN ROGER BARKER MNM FNI
- David Michael Foster
- MICHAEL SEYMOUR
- MRS LIZ PRICE
- Michael Andrew James Colyer
- Michael Peter Mansergh
- ROB JARDINE-BROWN
- Richard John Brooks
- Ruth Eleanor Charles
- TIM WEST
- Toby Justin Williamson
- William John Plant
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £1.6m | £2.3m |
| 31/03/2025 | £1.6m | £2.2m |
| 31/03/2024 | £1.4m | £2.2m |
| 31/03/2023 | £1.5m | £2.1m |
| 31/03/2022 | £1.7m | £2.0m |
Common questions
Is THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported an operating deficit of £738,000 for the year ended 31 March 2026, with total income of £1.55 million against expenditure of £2.29 million. However, the trustees confirm that unrestricted reserves of £27.6 million remain robust, supported by an investment portfolio valued at £28.9 million, which provides the primary income stream for long-term sustainability. Its FY2026 accounts were audited by Lewis Brownlee (Chichester) Limited.
What does the highest-paid employee of THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY earn?
Per its FY2026 accounts, the highest-paid employee was in the £100,000 - £110,000 band, and 1 employees earned over £60,000.
Who funds THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY?
Funders whose own accounts filings name THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY as a grant recipient include THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND, THE GEORGE CADBURY TRUST (GEORGE HENRY T AND LAURENCE J CADBURY SECTIONS), THE SIR EDWARD LEWIS FOUNDATION, THE DYERS' COMPANY CHARITABLE TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WROTHAM.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ARMED FORCES COVENANT FUND | 2 | £684k |
| THE GOSLING FOUNDATION LIMITED | 2 | £150k |
| MERCHANT NAVY WELFARE BOARD | 2 | £18k |
| GLOBE AND LAUREL MAGAZINE | 1 | £288k |
| THE ROYAL NAVY AND ROYAL MARINES CHARITY | 1 | £209k |
| THE I T F SEAFARERS TRUST | 1 | £100k |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | 1 | £99k |
| THE BALCOMBE CHARITABLE TRUST | 1 | £95k |
Charities like this
- SEAFARERS HOSPITAL SOCIETY
- THE ROYAL NAVY AND ROYAL MARINES CHARITY
- THE I T F SEAFARERS TRUST
- THE MARINE SOCIETY AND SEA CADETS
- Royal Marines Association - The Royal Marines Charity
- MERCHANT NAVY ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY | £1.6m | £100,000 - £110,000 | 1 | above | — | no doubt |
| SEAFARERS HOSPITAL SOCIETY | £544k | £90,001 - £100,000 | 1 | above | — | no doubt |
| THE ROYAL NAVY AND ROYAL MARINES CHARITY | £16.2m | — | — | above | — | no doubt |
| THE I T F SEAFARERS TRUST | £852k | — | 3 | unclear | — | no doubt |
| THE MARINE SOCIETY AND SEA CADETS | £23.6m | — | — | unclear | 6.0% | no doubt |
| Royal Marines Association - The Royal Marines Charity | £5.8m | — | — | unclear | 24.0% | no doubt |