THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE
The main activities of the charity are the examination and licensing of deep sea pilots, the relief of poor mariners and their widows, and the provision of youth maritime training, the provision of maritime consultancy services, and the upkeep and conservation of ancient listed buildings.
Financial health, per its FY2024 accounts
The accounts state that free reserves of £138,139 exceed the trustees' policy target of £110,000, representing twelve months of unrestricted expenditure. The charity reported a net income of £12,419 for the year, with unrestricted general funds totaling £674,675 at year-end. The trustees confirmed adequate resources to continue operations for the foreseeable future.
What the accounts disclose
“It is the policy of the Corporation to maintain free funds at a level which equates to at least twelve months unrestricted expenditure, this year being set at £110,000.” — page 5
“During the year the trustees received remuneration of £11,650 (2023: £12,275) and expenses of £2,921 (2023: £1,880).” — page 16
“During the year the charity became the sole member of the Tyne Mariners Benevolent Institute (via a holding company).” — page 10
Register events
- Received assets from another charity (31/05/2022)
Trustees
- CAPT S C HEALYchair
- CAPTAIN ANTHONY JAMES HOGG
- CAPTAIN DAVID JAMES HARKNESS
- CAPTAIN KIM ANTHONY SYKES
- CAPTAIN LEIGH MARTIN COLAM
- CAPTAIN MICHAEL JOHN ALTON
- CAPTAIN PAUL ARMITAGE
- CAPTAIN RAYMOND DOUGLAS NELSON CAPTAIN
- CAPTAIN WALTER JOHN JAMES GREEN
- COMMANDER ANDREW COLLIER
- Captain Alexander C Castle
- Captain Nigel Groves
- Captain Richard Alderson Coates
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £189k | £176k |
| 31/12/2023 | £273k | £186k |
| 31/12/2022 | £224k | £170k |
| 31/12/2021 | £174k | £141k |
| 31/12/2020 | £172k | £113k |
Common questions
Is THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE financially healthy?
Per its FY2024 accounts: The accounts state that free reserves of £138,139 exceed the trustees' policy target of £110,000, representing twelve months of unrestricted expenditure. The charity reported a net income of £12,419 for the year, with unrestricted general funds totaling £674,675 at year-end. The trustees confirmed adequate resources to continue operations for the foreseeable future. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 08/04/1997 | £212k | "Trinity House Development Scheme" |
Charities like this
- THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND
- TRINITY BUOY WHARF TRUST
- HULL TRINITY HOUSE CHARITY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, SOUTHPORT
- ROYAL INSTITUTION OF NAVAL ARCHITECTS
- SCARBOROUGH TRINITY HOUSE SEAFARERS' TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE | £189k | — | 0 | above | — | no doubt |
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | £13.5m | — | — | unclear | — | no doubt |
| TRINITY BUOY WHARF TRUST | £430k | — | 0 | below | — | no doubt |
| HULL TRINITY HOUSE CHARITY | £4.2m | — | — | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, SOUTHPORT | £203k | — | 0 | unclear | — | no doubt |
| ROYAL INSTITUTION OF NAVAL ARCHITECTS | £1.9m | £100,001 - £110,000 | 5 | unclear | — | no doubt |