THE PADDLE STEAMER PRESERVATION SOCIETY
Financial health, per its FY2023 accounts
The accounts state that the group reported a net surplus of £1,004,618 for the year ended 31 October 2023, with total funds carried forward reaching £5,874,568. The trustees confirmed the group has a strong cash position and can continue to meet its obligations as they fall due. The Society operates on a voluntary basis for its own governance, relying on paid staff primarily within its subsidiary companies.
What the accounts disclose
“One employee received remuneration between £60,000 and £70,000” — page 26
“One employee received remuneration between £60,000 and £70,000” — page 26
“The Council of Management believes this reserve should be at least £600,000. £597,000 was available at 31 October 2023”
“Subsidiary companies paid remuneration during the period to three of their directors, two of whom were trustees of the Paddle Steamer Preservation Society, totalling £76,118” — page 26
“The group comprises the Paddle Steamer Preservation Society, Paddle Steamer Kingswear Castle Trust, Waverley Steam Navigation Co Limited and Waverley Excursions Limited.”
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- John Clifford Tresoldi Allenchair
- Angela Jane Johnson
- Ashley William Gill
- Christopher Michael Larkin
- DAVID CHRISTOPHER GREEN
- Deryk John Docherty
- GORDON WILSON
- Iain Robertson
- JOHN HUGH MEGORAN
- Keith Michael Adams
- MARTIN RICHARD LONGHURST
- NOEL KEMP
- Paul William Semple
- Peter Thomas Morley
- RICHARD WILLIAM CLAMMER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £5.7m | £5.7m |
| 31/10/2024 | £6.1m | £5.1m |
| 31/10/2023 | £5.6m | £4.5m |
| 31/10/2022 | £3.5m | £3.5m |
| 31/12/2021 | £251k | £139k |
Common questions
Is THE PADDLE STEAMER PRESERVATION SOCIETY financially healthy?
The accounts state that the group reported a net surplus of £1,004,618 for the year ended 31 October 2023, with total funds carried forward reaching £5,874,568. The trustees confirmed the group has a strong cash position and can continue to meet its obligations as they fall due. The Society operates on a voluntary basis for its own governance, relying on paid staff primarily within its subsidiary companies. Its FY2023 accounts were audited by Henderson & Company.
What does the highest-paid employee of THE PADDLE STEAMER PRESERVATION SOCIETY earn?
Per its FY2023 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Seafarers' Charity (King George's Fund for Sailors) | 1 | — |
| THE I T F SEAFARERS TRUST | 1 | £99k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £40k |
| THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND | 1 | £17k |
| BALTIC EXCHANGE CHARITABLE FOUNDATION | 1 | £10k |
| THE ANCHOR FOUNDATION | 1 | £5k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |
| The Patricia Routledge Foundation | 1 | £2k |