THE NORFOLK BOAT (SAIL TRAINING) LIMITED

Registered charity 285305 · accounts filings on the Charity Commission register · also known as THE NORFOLK BOAT

The provision of Sponsorship to Young People and those with Disabilities in the Norfolk and contiguous areas for Sail Training activities in furtherance of the Charity's objectives.

Causes: Education/training · website · Get email alerts

Latest income
£75k
Latest spending
£66k
Registered
1982
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £667,635 as of 31 December 2025, an increase from the previous year's £630,777. The trustees report that these reserves are held to smooth income flow and provide sponsorship, noting that the majority are invested in the Stock Market which causes inevitable fluctuations. The trustees confirm adequate resources for the foreseeable future and state that no trustee received remuneration or expenses during the year.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: to smooth the flow of monies from one year to another, to provide the income with which to sponsor as many young people as possible, and as a means of financing the low cost of administration of the company (held: £668k)
“The reserves are held to smooth the flow of monies from one year to another, to provide the income with which to sponsor as many young people as possible, and as a means of financing the low cost of administration of the company.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Norfolk

Income and spending

Financial year endIncomeSpending
31/12/2025£75k£66k
31/12/2024£35k£55k
31/12/2023£24k£41k
31/12/2022£26k£27k
31/12/2021£26k£13k

Common questions

Is THE NORFOLK BOAT (SAIL TRAINING) LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £667,635 as of 31 December 2025, an increase from the previous year's £630,777. The trustees report that these reserves are held to smooth income flow and provide sponsorship, noting that the majority are invested in the Stock Market which causes inevitable fluctuations. The trustees confirm adequate resources for the foreseeable future and state that no trustee received remuneration or expenses during the year. Its FY2025 accounts were independently examined.

Who funds THE NORFOLK BOAT (SAIL TRAINING) LIMITED?

Funders whose own accounts filings name THE NORFOLK BOAT (SAIL TRAINING) LIMITED as a grant recipient include THE RED SOCKS CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE RED SOCKS CHARITABLE TRUSTFY2024£1k
THE RED SOCKS CHARITABLE TRUSTFY2023£1k