Royal Navy Heritage Collection
To provide Royal Navy Trophies to appropriate account holders
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £27.25M, driven by a £1.02M uplift in trophy valuations. Free reserves held in deposit accounts were £311.4K, which exceeds the trustees' stated policy target range of £200K to £250K. The independent examiner confirmed no material matters were found during the examination.
What the accounts disclose
“Hire Fees £ 54,404.24”
“These will be held in the deposit accounts with a value in the range of £200K to £250K. This will cover the fund if there is no income in 12 months and will also pay for capital projects.”
Trustees
- BINNIE ROBERT
- JAMES BUTTLE
- LEE MCLOCKAN
- MARCEL ROSENBERG
- STEPHEN PRINCE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £59k | £59k |
| 31/05/2024 | £45k | £10k |
| 31/05/2023 | £41k | £7k |
| 31/05/2022 | £24k | £15k |
| 31/05/2021 | £26k | £5k |
Common questions
Is Royal Navy Heritage Collection financially healthy?
Per its FY2025 accounts: The accounts state that total net assets increased to £27.25M, driven by a £1.02M uplift in trophy valuations. Free reserves held in deposit accounts were £311.4K, which exceeds the trustees' stated policy target range of £200K to £250K. The independent examiner confirmed no material matters were found during the examination. Its FY2025 accounts were independently examined.