THE PORTISHEAD NAUTICAL TRUST
The Trust aims to relieve and assist young persons under the age of 25 who suffer deprivation, poverty, financial hardship or difficulty, parental neglect, lack of control or other misfortune.
Objects
TO RELIEVE AND ASSIST YOUNG PERSONS WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS AND WHO SUFFER DEPRIVATION,POVERTY,FINANCIAL HARDSHIP OR DIFFICULTY,PARENTAL NEGLECT,LACK OF CONTROL,OR OTHER MISFORTUNE.FOR FURTHER DETAILS SEE CLAUSE 3 OF MEMORANDUM OF ASSOCIATION.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,304,432, representing a net increase from the previous year. The trustees report a strong financial position supported by investment income and note that charitable expenditure was slightly less than incoming resources. No material uncertainties or risks to going concern were identified in the filing.
What the accounts disclose
“The Trust aims to maintain the capital invested to ensure sufficient income can continue to be generated to distribute to the charities and individuals making applications and meeting the objects of The Trust.” — page 5
Policies the charity declares
- 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
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 00087906
Company officers (Companies House)
- STONE, Alison Jayne on trustee list
- WOODHEAD, Conrad Martin on trustee list
- MARGERISON, Patricia Anne May on trustee list
- MCPHERSON, Anne Felicity on trustee list
- DINGLEY-BROWN, Peter Charles not on trustee list
- CROSSMAN, Colin on trustee list
Trustees
- Anne Felicity McPhersonchair
- Alison Jayne Stone
- COLIN CROSSMAN
- Conrad Martin Woodhead
- PATRICIA ANNE MAY MARGERISON
- PETER CHARLES DINGLEY-BROWN FCCA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £118k | £96k |
| 31/03/2024 | £96k | £94k |
| 31/03/2023 | £114k | £103k |
| 31/03/2022 | £97k | £114k |
| 31/03/2021 | £78k | £106k |
Common questions
Is THE PORTISHEAD NAUTICAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,304,432, representing a net increase from the previous year. The trustees report a strong financial position supported by investment income and note that charitable expenditure was slightly less than incoming resources. No material uncertainties or risks to going concern were identified in the filing. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR JAMES RECKITT CHARITY | 1 | £105k |
| THE ASSOCIATION OF SAIL TRAINING ORGANISATIONS | 1 | £60k |
| TEES VALLEY COMMUNITY FOUNDATION | 1 | £8k |
| THE SIR TOM COWIE CHARITABLE TRUST | 1 | £7k |
| CORAM LIFE EDUCATION | 1 | £5k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £5k |
| THE CATHERINE COOKSON CHARITABLE TRUST | 1 | £5k |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £5k |
Charities like this
- REARDON SMITH NAUTICAL TRUST
- OCEAN YOUTH TRUST NORTH
- ESSEX YOUTH TRUST
- THE CONWAY MERCHANT NAVY TRUST
- PALMER AND SEABRIGHT CHARITY
- WHITEGATES CHILDREN'S TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PORTISHEAD NAUTICAL TRUST | £118k | — | 0 | unclear | — | no doubt |
| REARDON SMITH NAUTICAL TRUST | £126k | — | 0 | unclear | — | no doubt |
| OCEAN YOUTH TRUST NORTH | £233k | Under £60,000 | 0 | unclear | — | no doubt |
| ESSEX YOUTH TRUST | £88k | — | 0 | unclear | — | no doubt |
| THE CONWAY MERCHANT NAVY TRUST | £132k | — | 0 | unclear | — | no doubt |
| PALMER AND SEABRIGHT CHARITY | £62k | — | 0 | unclear | — | no doubt |