THE SOCIETY FOR UNDERWATER TECHNOLOGY LIMITED
Interchange and dissemination of knowledge and learning in underwater technology. Increasing public awareness and support of education and training in the marine and underwater sectors.
Financial health, per its FY2025 accounts
The accounts state that the charity returned a small surplus of £409 for the financial year, following a significant surplus in the previous year driven by a major conference. Per the trustees' report, the Society continues to meet its reserves policy of holding fifty percent of expected next year's expenditure, with net assets totaling £689,837.
What the accounts disclose
“Employees earning more than £60,000 during the year: £80,001 - £90,000”
“The Council Members consider this to be approximately 50% of average annual expected expenditure.”
Corporate structure
- Registered company of the charity Companies House 00932590
Company officers (Companies House)
- SCHULTZ, Gehrig Stannard, Dr on trustee list
- WALKER, Vahid on trustee list
- GARCIA DUFFY, Cristina, Dr on trustee list
- LUFF, Richard Edward on trustee list
- ALLAN, Peter Gerard, Dr on trustee list
- WYLIE, Iain Ross on trustee list
- FEARN, Michael James on trustee list
- SYKES, Benjamin John on trustee list
- WHITEHEAD, Graham John on trustee list
- PATTEN, Judith Ann Innes not on trustee list
- RAYNER, Ralph Frank, Dr on trustee list
Structured financials (annual return, FY ending 30/06/2024)
Trustees
- Michael James Fearnchair
- Benjamin John Sykes
- David Alan Brookes
- Dr Cristina Garcia-Duffy
- Dr Peter Allan
- Gehrig Stannard Schultz
- Graham John Whitehead
- Iain Ross Wylie
- Judith Patten MBE
- Professor RALPH FRANK RAYNER
- RICHARD LUFF
- Vahid Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £356k | £345k |
| 30/06/2024 | £1.1m | £737k |
| 30/06/2023 | £318k | £286k |
| 30/06/2022 | £274k | £270k |
| 30/06/2021 | £319k | £315k |
Common questions
Is THE SOCIETY FOR UNDERWATER TECHNOLOGY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity returned a small surplus of £409 for the financial year, following a significant surplus in the previous year driven by a major conference. Per the trustees' report, the Society continues to meet its reserves policy of holding fifty percent of expected next year's expenditure, with net assets totaling £689,837. Its FY2025 accounts were independently examined.
What does the highest-paid employee of THE SOCIETY FOR UNDERWATER TECHNOLOGY LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DAVID FAMILY FOUNDATION | 1 | £8k |
| M J CAMP CHARITABLE FOUNDATION | 1 | £1k |
Charities like this
- The Society for Cardiac Science and Technology LTD
- THE INTERNATIONAL SOCIETY FOR TRENCHLESS TECHNOLOGY
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- FRESHWATER BIOLOGICAL ASSOCIATION
- DARTMOUTH SWIMMING POOL COMPANY LIMITED
- SOCIETY FOR NAUTICAL RESEARCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SOCIETY FOR UNDERWATER TECHNOLOGY LIMITED | £356k | £80,001 - £90,000 | — | above | — | no doubt |
| The Society for Cardiac Science and Technology LTD | £193k | — | 0 | above | — | no doubt |
| THE INTERNATIONAL SOCIETY FOR TRENCHLESS TECHNOLOGY | £126k | — | 0 | above | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |
| FRESHWATER BIOLOGICAL ASSOCIATION | £1.0m | — | — | unclear | — | no doubt |
| DARTMOUTH SWIMMING POOL COMPANY LIMITED | £116k | — | 0 | unclear | — | no doubt |