THE NORFOLK BOAT (SAIL TRAINING) LIMITED
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.
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.
What the accounts disclose
“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.”
Trustees
- ANTHONY DONALD HUNTchair
- ANDREW PETER ROYALL
- Alexandra Sheena Bartram
- Christopher Edward ALLEN
- JAMES ROBERT WOODHOUSE
- MICHAEL PETER BLAKEY MBE
- MR A J CUTHBERT
- Richenda Sheree Thompson
- STEPHEN GRAHAM STAFFORD ALLEN
- TIM HAYWARD
- William Nicholas Darby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE RED SOCKS CHARITABLE TRUST | FY2024 | £1k | |
| THE RED SOCKS CHARITABLE TRUST | FY2023 | £1k |