AGED MERCHANT SEAMEN'S HOMES

Registered charity 230292 · accounts filings on the Charity Commission register · also known as AGED MERCHANT SEAMEN'S HOMES AND ANOTHER, SUNDERLAND AGED MERCHANT SEAMEN'S HOMES

1) REPAIR AND MAINTENANCE OF ALMSHOUSES FOR DESERVING POOR PERSONS WHO ARE RETIRED SEAMEN, WIDOWS OR DAUGHTERS BEING NOT LESS THAN FIFTY YEARS OF AGE.2) BENEFIT OF THE OCCUPANTS OF THE SAID ALMSHOUSES.

Objects

1) REPAIR AND MAINTENANCE OF ALMSHOUSES FOR DESERVING POOR PERSONS WHO ARE RETIRED SEAMEN, WIDOWS OR DAUGHTERS BEING NOT LESS THAN FIFTY YEARS OF AGE. 2) BENEFIT OF THE OCCUPANTS OF THE SAID ALMSHOUSES.

Area of benefit: COUNTY BOROUGH OF SUNDERLAND

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Accommodation/housing · Get email alerts

Registered contact address: Sunderland, North East, England (from the postcode on the register)

Latest income
£573k
Latest spending
£236k
Registered
1963
Accounts read
FY2026

Financial health, per its FY2026 accounts

The charity reported a retained loss of £1,265,773 for the 15-month period ended 31 March 2026, significantly reducing its net assets from £1,922,305 to £656,532. Unrestricted reserves stood at £350,762, which the trustees consider below their stated policy target of maintaining at least twelve months of unrestricted expenditure. The accounts were prepared on a going concern basis, with the trustees considering it appropriate for the foreseeable future.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: rent and service charges
“Income represents rent and service charges receivable from residents' net of rent and service charge losses from voids.” — page 9
Per its FY2026 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“It is the policy of the Trust to maintain unrestricted funds at a level which equates to at least twelve months unrestricted expenditure.” — page 9
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: The Company was owed £15,875 (2024: £3,333) by Back on the Map Enterprises Limited, an entity also within the Back on the Map Limited Group.
“At the period end, the Company was owed £15,875 (2024: £3,333) by Back on the Map Enterprises Limited, an entity also within the Back on the Map Limited Group.” — page 13
Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Homes England. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/03/2026)

Total income
£573k
Total spending
£236k
Reserves (reported)
£657k
Employees
0

Reported reserves equal ~33.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Other trading activities (100% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Sunderland

Income and spending

Financial year endIncomeSpending
31/03/2026£573k£236k
31/12/2024£185k£229k
31/12/2023£148k£206k
31/12/2022£133k£184k
31/12/2021£127k£165k

Common questions

Is AGED MERCHANT SEAMEN'S HOMES financially healthy?

Per its FY2026 accounts: The charity reported a retained loss of £1,265,773 for the 15-month period ended 31 March 2026, significantly reducing its net assets from £1,922,305 to £656,532. Unrestricted reserves stood at £350,762, which the trustees consider below their stated policy target of maintaining at least twelve months of unrestricted expenditure. The accounts were prepared on a going concern basis, with the trustees considering it appropriate for the foreseeable future. Its FY2026 accounts were independently examined.

Who funds AGED MERCHANT SEAMEN'S HOMES?

Funders whose own accounts filings name AGED MERCHANT SEAMEN'S HOMES as a grant recipient include THE SIR TOM COWIE CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE SIR TOM COWIE CHARITABLE TRUSTFY2024£30k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MELKSHAM ALMSHOUSES CHARITIES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
AGED MERCHANT SEAMEN'S HOMES£573k—0below—no doubt
THE MELKSHAM ALMSHOUSES CHARITIES FY2025£35k—0above—no doubt
THE MCDONALD AND TRIMMER ALMSHOUSE CHARITY FY2025£108k—0unclear—no doubt
METROPOLITAN BENEFIT SOCIETIES' ALMSHOUSES FY2025£284k—0unclear—no doubt
THE GEORGE GIBSON ALMSHOUSES FOUNDATION TRUST FY2025£438k——unclear—no doubt
JAMES SMITH'S ALMSHOUSE CHARITY FY2025£88k—0unclear—no doubt

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