THE NAUTICAL ARCHAEOLOGY SOCIETY
The NAS is dedicated to advancing education in nautical archaeology at all levels; to improving techniques in excavating, conservation and reporting; and to encouraging the participation of members of the public at all stages.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £22,313 for the year ended 31 March 2025, resulting in total funds decreasing from £154,055 to £131,742. The trustees note that restricted funds in deficit have sufficient funding in the following year to cover shortfalls, and unrestricted reserves of £90,586 exceed the stated policy target of £60,000. The charity operates a defined contribution pension scheme and has no trading subsidiaries.
What the accounts disclose
“The Executive Committee has a reserves policy which states that the reserves should be £60,000 of liquid assets.” — page 3
“During the year The Nautical Archaeology Society invoiced MSDS Marine Ltd, a company with a trustee incommon, £3,951 (2024: £4,176) for professional services and office space.” — page 27
Funders the charity credits
- The National Lottery Heritage Fund
- Honor Frost Foundation
- Historic England
- 3Deep Media
- Dive Master Insurance
- Wessex Archaeology
- The British Sub-Aqua Club
- The Sub-Aqua Association
Register events
- Received assets from another charity (24/09/2024)
Trustees
- Timothy Stephen Parkerchair
- Alex Denny
- Alison James
- Anthony Norman Taylor
- Catherine Holt
- Claire Louise Hallybone
- Dr DAMIAN JASON ROBINSON
- Dr DAVID JOHNSTON
- Evelin Eros
- Geoff Downer
- Jacqueline Anne Louise Riley
- Michael Curtis
- Nicholas Callum Davidson
- Paul Charles Harwood
- Susannah Heighton Hart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £166k | £189k |
| 31/03/2024 | £190k | £156k |
| 31/03/2023 | £168k | £227k |
| 31/03/2022 | £176k | £240k |
| 31/03/2021 | £280k | £164k |
Common questions
Is THE NAUTICAL ARCHAEOLOGY SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £22,313 for the year ended 31 March 2025, resulting in total funds decreasing from £154,055 to £131,742. The trustees note that restricted funds in deficit have sufficient funding in the following year to cover shortfalls, and unrestricted reserves of £90,586 exceed the stated policy target of £60,000. The charity operates a defined contribution pension scheme and has no trading subsidiaries. Its FY2025 accounts were independently examined.
Who funds THE NAUTICAL ARCHAEOLOGY SOCIETY?
Funders whose own accounts filings name THE NAUTICAL ARCHAEOLOGY SOCIETY as a grant recipient include HONOR FROST FOUNDATION, LLOYD'S REGISTER FOUNDATION, THE HEADLEY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HONOR FROST FOUNDATION | FY2024 | £30k | IJNA (International Journal of Nautical Archaeology) |
| LLOYD'S REGISTER FOUNDATION | FY2025 | £10k | Safer Maritime Systems |
| THE HEADLEY TRUST | FY2022 | £10k | Towards the salary of a conservator. |
| HONOR FROST FOUNDATION | FY2025 | £0 | Museum: Punic ship hall improvements |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 06/05/2026 | £199k | "Coastal Pasts - Connecting Community with Coastal Heritage at Sandwich Bay" |
| UK government | 01/04/2024 | £2k | Unknown Wreck Off Eastbourne: Conservation and management plan |
| UK government | 01/04/2024 | £3k | Reaching New Audiences: Bite-Sized Training for All |
| UK government | 01/04/2024 | £3k | Nautical Archaeology Society Annual Conference 2024 |
| UK government | 01/04/2024 | £2k | Supporting the delivery of Heritage Carbon Literacy Training to the sector - NAS (9184) |
| Historic Environment Scotland | 31/10/2023 | £1k | Nautical Archaeology Conference 2023 - Protecting Wrecks for 50 Years |
| Historic Environment Scotland | 27/04/2023 | £3k | Nautical Archaeology Society - Fort Cumberland |
| The National Lottery Heritage Fund | 13/07/2020 | £14k | "COVID19: Nautical Archaeology Society" |
| The National Lottery Heritage Fund | 19/07/2018 | £84k | "Engaging with our Nautical Heritage" |
| The National Lottery Heritage Fund | 28/05/2014 | £55k | "Heroism & Heartbreak: True Tales from the Hartlepools at War" |
| The National Lottery Heritage Fund | 19/12/2011 | £45k | "Hartlepool History Then & Now" |
| The National Lottery Heritage Fund | 11/06/2008 | £5k | "This Incorporated Charity Will Use The Award To Fund A Project That Enables The Public To Record And Catalogue Anchors Around The Country An" |
| The National Lottery Community Fund | 10/06/2008 | £5k | The Big Anchor Project |
| The National Lottery Heritage Fund | 01/06/2006 | £24k | "Forton Lake Project" |
| The National Lottery Heritage Fund | 02/05/2006 | £50k | "Diving Into History" |