THE SHIPWRIGHTS CHARITABLE FUND
The Shipwrights Company Charitable fund is constituted under the Deeds of Trust of 30 April 1948 and 22 December 1970, and is a registered charity, number 262043. Under the terms of reference laid down by the Court in 2002 donations are directed towards Maritime Projects, the City of London and "Ministering Authorities", with an emphasis on support for young people.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £6,508,228, significantly exceeding the stated policy requirement to maintain fund fabric and cover administration costs. The charity reported a net decrease in funds of £20,984 for the year, driven by charitable expenditure exceeding incoming resources, but maintains a strong investment base of over £6.5 million. The trustees confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Funders the charity credits
- Lloyds Register Foundation
- The Stelios Philanthropic Foundation
- The Baltic Exchange Charitable Foundation
- The EBM Charitable Trust
Structured financials (annual return, FY ending 30/04/2025)
Register events
- Received assets from another charity (16/01/2026)
- Received assets from another charity (15/02/2014)
Trustees
- Sir George Michael Zambellas GCB DSC DLchair
- Andreas George Bisbas
- Catherine Mary Mulvihill
- Guy McGregor Campbell
- JEREMY JOHN HARLEY PENN
- Nicholas John Ashley Shaw
- Nicholas John Marshall
- RICHARD HOBART JOHN DE COURCY MOORE FCA
- Simon Charles Waldegrave Beale
- The Worshipful Company of Shipwrights
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £851k | £865k |
| 30/04/2024 | £431k | £397k |
| 30/04/2023 | £374k | £378k |
| 30/04/2022 | £413k | £456k |
| 30/04/2021 | £464k | £410k |
Common questions
Is THE SHIPWRIGHTS CHARITABLE FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £6,508,228, significantly exceeding the stated policy requirement to maintain fund fabric and cover administration costs. The charity reported a net decrease in funds of £20,984 for the year, driven by charitable expenditure exceeding incoming resources, but maintains a strong investment base of over £6.5 million. The trustees confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by RE Jones & Co.
Who funds THE SHIPWRIGHTS CHARITABLE FUND?
Funders whose own accounts filings name THE SHIPWRIGHTS CHARITABLE FUND as a grant recipient include E B M CHARITABLE TRUST, THE GOSLING FOUNDATION LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| E B M CHARITABLE TRUST | FY2022 | £40k | |
| E B M CHARITABLE TRUST | FY2024 | £25k | |
| THE GOSLING FOUNDATION LIMITED | FY2024 | £18k | General |
| E B M CHARITABLE TRUST | FY2025 | £16k | Grant paid to institution |
| E B M CHARITABLE TRUST | FY2023 | £15k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 3 | £102k |
| LLOYD'S REGISTER FOUNDATION | 1 | £460k |
| THE PAULINE AVIGES-GRAHAM FOUNDATION | 1 | £30k |
| PETER HARRISON FOUNDATION | 1 | £30k |
| THE ELIZABETH AND PRINCE ZAIGER TRUST | 1 | £27k |
| THE BAND TRUST | 1 | £25k |
| DUDLEY AND GEOFFREY COX CHARITABLE TRUST | 1 | £21k |
| FISHMONGERS' COMPANY'S CHARITABLE TRUST | 1 | £14k |
Charities like this
- THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE
- MERCHANT NAVY WELFARE BOARD
- TRINITY BUOY WHARF TRUST
- THE SCARAMOUCHE SAILING TRUST
- THE SEARLE CHARITABLE TRUST
- The Seafarers' Charity (King George's Fund for Sailors)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SHIPWRIGHTS CHARITABLE FUND | £851k | — | 0 | unclear | — | no doubt |
| THE MASTER PILOTS AND SEAMEN OF THE CORPORATION OF THE TRINITY HOUSE, NEWCASTLE UPON TYNE | £189k | — | 0 | above | — | no doubt |
| MERCHANT NAVY WELFARE BOARD | £808k | £80,001 - £90,000 | — | unclear | — | no doubt |
| TRINITY BUOY WHARF TRUST | £430k | — | 0 | below | — | no doubt |
| THE SCARAMOUCHE SAILING TRUST | £351k | — | 0 | unclear | 12.0% | no doubt |
| THE SEARLE CHARITABLE TRUST | £167k | — | 0 | unclear | — | no doubt |