NAUTILUS WELFARE FUND

Registered charity 218742 · accounts filings on the Charity Commission register · also known as GENERAL CHARITIES ADMINISTERED ICW THE NATIONAL UNION OF MARINE AVIATION AND SHIPPING TRANSPORT OFFICERS

We provide welfare services to needy Merchant Navy seafarers and their dependants. This is achived by :-the provision of accommodation and support for those who are able to live independentley in Mariners Park Estate - the provision of residential,nursing and respite care in the Mariners Park Care Home- the provision of annual,one off grants and a caseworker service

Causes: Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£4.0m
Latest spending
£5.1m
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £24,886,127, while the charity reported a net expenditure of £174,644 before investment gains. The trustees note that the majority of these funds are tied up in fixed assets and investments, and the charity relies heavily on Local Authority funding and investment income to remain financially viable.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Public fundraising profile: JustGiving — NWF (matched by registered charity number).

CQC provider record: Nautilus Welfare Fund — Registered, 3 registered locations, 3 regulated activities, last inspected 13/04/2023.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£4.0m
Total spending
£5.1m
Cost of raising funds
£18k
Reserves (reported)
£24.0m
Employees
94

Reported reserves equal ~56.2 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 (87% 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: 0.4% of total income — below the median for charities its size (5.2%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£4.0m£5.1m
31/12/2024£4.8m£4.9m
31/12/2023£5.3m£4.3m
31/12/2022£3.4m£4.0m
31/12/2021£3.3m£3.6m

Common questions

Is NAUTILUS WELFARE FUND financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £24,886,127, while the charity reported a net expenditure of £174,644 before investment gains. The trustees note that the majority of these funds are tied up in fixed assets and investments, and the charity relies heavily on Local Authority funding and investment income to remain financially viable. Its FY2024 accounts were audited by HaysMac LLP.

Who funds NAUTILUS WELFARE FUND?

Funders whose own accounts filings name NAUTILUS WELFARE FUND as a grant recipient include THE I T F SEAFARERS TRUST, The Seafarers' Charity (King George's Fund for Sailors), THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND, MERCHANT NAVY WELFARE BOARD.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE I T F SEAFARERS TRUSTFY2022£2.0mHousing development at Mariners’ Park Wallasey
The Seafarers' Charity (King George's Fund for Sailors)FY2024£293kRelated party transaction
The Seafarers' Charity (King George's Fund for Sailors)FY2022£142kproject to support 200 seafarers per year suffering financial hardship in Hull, Portsmouth and Southampton
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2025£87kWelfare
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2024£83kWelfare
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2022£77kWelfare
MERCHANT NAVY WELFARE BOARDFY2025£17k2025 Bedroom Refurbishment - Phases 2 & 3
MERCHANT NAVY WELFARE BOARDFY2023£2kReplacement of flooring at Mariners' Park
MERCHANT NAVY WELFARE BOARDFY2023£2kVital Signs Machine
MERCHANT NAVY WELFARE BOARDFY2023£500Dining room tables and chairs for the dementia wing in the care home

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 MERCHANT NAVY WELFARE BOARD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NAUTILUS WELFARE FUND£4.0m—0above—no doubt
MERCHANT NAVY WELFARE BOARD FY2025£808k£80,001 - £90,000—unclear—no doubt
THE I T F SEAFARERS TRUST FY2024£1.5m£110,001 - £120,000—unclear—no doubt
WILSON'S MARINERS' HOMES FY2025£122k—0above—no doubt
SAILORS' SOCIETY FY2024£1.6m——below—no doubt
ROYAL ALFRED SEAFARERS' SOCIETY FY2025£5.3m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.