THE ROYAL NAVAL ASSOCIATION

Registered charity 266982 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£599k
Latest spending
£786k
Registered
1974
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an overall decrease in funds of only £21,522 for the year, despite a hefty deficit budget, due to improved investment performance offsetting projected losses. The Trustees confirm they are content with the financial position and consider the level of strategic reserves to be satisfactory and sufficient to provide confidence for the association's transition to a donation-based income model.

What the accounts disclose

Reserves policy: sufficient Unrestricted and Undesignated Funds to provide funding for financial resilience, income generation, future income, business continuity, wind-up costs, unexpected events, future projects, and property purchase
The Association’s Reserves Policy is reviewed annually and aims at holding sufficient Unrestricted and Undesignated Funds to provide funding for the following: a. To provide financial resilience if donations do not keep pace with the rising costs of providing services to members.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Royal Naval Association (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£599k
Total spending
£786k
Cost of raising funds
£39k
Reserves (reported)
£1.5m
Employees
12

Reported reserves equal ~23.3 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · Cyprus · France · Ireland · Isle Of Man · Japan · Malta · Northern Ireland · Scotland · South Africa · Spain · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£599k£786k
31/12/2023£763k£719k
31/12/2022£213k£278k
31/12/2021£278k£402k
31/12/2020£325k£303k

Common questions

Is THE ROYAL NAVAL ASSOCIATION financially healthy?

The accounts state that the charity reported an overall decrease in funds of only £21,522 for the year, despite a hefty deficit budget, due to improved investment performance offsetting projected losses. The Trustees confirm they are content with the financial position and consider the level of strategic reserves to be satisfactory and sufficient to provide confidence for the association's transition to a donation-based income model. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund21/05/2004£1k"An Event For Surviving War Veterans To Celebrate The 60th Anniversary Of The D'Day Landing. An Open Air Ecumenical Church Service And A Marc"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ROYAL NAVAL SAILING ASSOCIATION.