SS GREAT BRITAIN TRUST
To preserve the ship, ss Great Britain, and her building dock for all time for the public benefit of all, and to place the same upon public display as a museum for the enhancement of the public understanding and appreciation of her social, commercial and technological context and significance.
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a net outgoing resource of £423,521 for the year, driven by visitor numbers that have not fully recovered to pre-pandemic levels. While unrestricted reserves stand at £1,988,404, the Board notes that free reserves are only £27,822, which is well short of the stated policy target of three months' running costs (£822,000). The Trustees remain confident in the charity's ability to continue as a going concern for the next 12 months.
What the accounts disclose
“2 employees earned remuneration in the range £90,000 to £100,000 per annum (2024: no employees).” — page 38
“2 employees earned remuneration in the range £90,000 to £100,000 per annum (2024: no employees).” — page 38
“The present level of free reserves available to the Trust is therefore £27,822, well short of the newly identified target level.” — page 14
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 2 (FY2025).
In the news
- SS Great Britain Trust works with Ralph Appelbaum Associates to redevelop visitor experience
- New Chief Exec and Development Director at SS Great Britain Trust
- ss Great Britain Trust plans for major new visitor experience – ‘Being Brunel’
Corporate structure
- Trading subsidiary: SS 'GREAT BRITAIN' TRADING LIMITED Companies House 00999528
- Registered company of the charity Companies House 01000878
- Turnover: £1.5m
- Profit before tax: £-2k
Company officers (Companies House)
- TAGGART, Sean David on trustee list
- POWER, Georgina Verity on trustee list
- MILLINGTON, Emma Elizabeth on trustee list
- PORRITT, Sarah Elizabeth not on trustee list
- MACDONALD, Muir on trustee list
- ROWBERRY, Edward John on trustee list
- JONES, Matthew Stephen on trustee list
- DUCKWORTH, Caroline-Jane on trustee list
- GOLDING, Lois Patricia on trustee list
- MULLINS, Samuel Patrick not on trustee list
- HUSSEY, Emma Jane
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Matthew Joneschair
- Caroline-Jane Duckworth
- Edward John Rowberry
- Emma Elizabeth Millington
- Lady Sarah Porritt CBE
- Lois Patricia Golding
- Muir Macdonald
- SAM MULLINS
- Sean David Taggart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £5.1m | £6.2m |
| 31/01/2024 | £5.5m | £6.4m |
| 31/01/2023 | £3.7m | £4.7m |
| 31/01/2022 | £3.7m | £4.4m |
| 31/01/2021 | £3.3m | £4.1m |
Common questions
Is SS GREAT BRITAIN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a net outgoing resource of £423,521 for the year, driven by visitor numbers that have not fully recovered to pre-pandemic levels. While unrestricted reserves stand at £1,988,404, the Board notes that free reserves are only £27,822, which is well short of the stated policy target of three months' running costs (£822,000). The Trustees remain confident in the charity's ability to continue as a going concern for the next 12 months. Its FY2025 accounts were audited by Forvis Mazars LLP.
What does the highest-paid employee of SS GREAT BRITAIN TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 2 employees earned over £60,000.
Who funds SS GREAT BRITAIN TRUST?
Funders whose own accounts filings name SS GREAT BRITAIN TRUST as a grant recipient include THE ADRIAN SWIRE CHARITABLE TRUST, THE NISBET TRUST, EDITH MURPHY FOUNDATION, LLOYD'S REGISTER FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2022 | £25k | |
| THE ADRIAN SWIRE CHARITABLE TRUST | FY2021 | £25k | |
| THE NISBET TRUST | FY2023 | £11k | |
| THE NISBET TRUST | FY2024 | £10k | |
| THE NISBET TRUST | FY2022 | £10k | |
| EDITH MURPHY FOUNDATION | FY2024 | £10k | Education |
| LLOYD'S REGISTER FOUNDATION | FY2024 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/04/2025 | £246k | "Global Voyages: Reimagining heritage with local communities" |
| The National Lottery Heritage Fund | 15/03/2022 | £600k | "Albion Dockyard and Brunel Country" |
| The National Lottery Heritage Fund | 10/08/2020 | £250k | "COVID19: SS Great Britain Trust" |
| The National Lottery Heritage Fund | 05/02/2020 | £100k | "50 Years Back Home in Bristol" |
| UK government | 01/04/2019 | £50k | SS Great Britain environmental monitoring improvements and Conservation in Action display |
| The National Lottery Heritage Fund | 06/05/2015 | £21k | "Acquisition and interpretation of 'Jacques and the Stag', the centrepiece painting of Brunel's Shakespeare Room" |
| The National Lottery Heritage Fund | 25/03/2014 | £5.0m | "Being Brunel - the national Brunel project" |
| The National Lottery Heritage Fund | 21/05/2013 | £500k | "Brunel's ss Great Britain - Conservation, the Long View" |
| The National Lottery Heritage Fund | 20/03/2013 | £84k | "Go Aloft!" |
| The National Lottery Heritage Fund | 04/02/2009 | £50k | "Salvage 2010" |
| The National Lottery Heritage Fund | 11/03/2008 | £640k | "Brunel Institute Conservation and Learning Centre" |
| The National Lottery Heritage Fund | 20/09/2006 | £3k | "An Activity Day Especially Designed To Involve Visually Impaired People Will Take Place In The Autumn On The Ss Great Britain Site. Art Work" |
| The National Lottery Community Fund | 20/09/2006 | £3k | Smashing Plates |
| The National Lottery Community Fund | 27/07/2005 | £450k | ss Great Britain: Recreating Brunel's great engine |
| The National Lottery Community Fund | 18/03/2005 | £313k | ss Great Britain: Interactive Brunel engineering exhibit |
| The National Lottery Community Fund | 03/08/2004 | £139k | ss Great Britain Trust: Bringing Science and Engineering Alive |
| The National Lottery Heritage Fund | 28/07/2000 | £9.2m | "ss Great Britain - Securing the Heritage Core" |
| The National Lottery Heritage Fund | 23/07/1996 | £68k | "SS Great Britain Project" |
| UK government | — | £61k | DCMS/Wolfson Museums and Galleries Improvement Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HEADLEY TRUST | 2 | £40k |
| LONDON TRANSPORT MUSEUM FRIENDS | 1 | £639k |
| KUSUMA TRUST UK | 1 | £130k |
| THE FOYLE FOUNDATION | 1 | £119k |
| THE MICHAEL UREN FOUNDATION | 1 | £60k |
| THE PILGRIM TRUST | 1 | £25k |
| NATIONAL ART COLLECTIONS FUND | 1 | £21k |
| ALTAJIR TRUST | 1 | £20k |
Charities like this
- NATIONAL MARITIME MUSEUM CORNWALL TRUST
- Portsmouth Historic Quarter Trust
- BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED
- THE CHATHAM HISTORIC DOCKYARD TRUST
- LONDON TRANSPORT MUSEUM LIMITED
- THE UNDERFALL YARD TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SS GREAT BRITAIN TRUST | £5.1m | £90,001 - £100,000 | 2 | below | — | no doubt |
| NATIONAL MARITIME MUSEUM CORNWALL TRUST | £2.4m | £80,001 - £90,000 | — | unclear | — | no doubt |
| Portsmouth Historic Quarter Trust | £4.6m | £90,001 - £100,000 | — | above | — | no doubt |
| BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED | £1.0m | — | 0 | above | — | no doubt |
| THE CHATHAM HISTORIC DOCKYARD TRUST | £9.8m | — | — | above | — | no doubt |
| LONDON TRANSPORT MUSEUM LIMITED | £19.9m | — | — | unclear | — | no doubt |