THE PADDLE STEAMER PRESERVATION SOCIETY

Registered charity 298328 · accounts filings on the Charity Commission register · also registered in Scotland as SC037603 (OSCR)

Fundraising for restoration. Publication of historical and technical information. Public meetings on related matters. Collection of archives and artefacts displayed on the Internet and available for research.

Objects

FOR THE PUBLIC BENEFIT TO ACQUIRE PRESERVE AND EXHIBIT IN SAILING CONDITION OR OTHERWISE ONE OR MORE EXAMPLES OF PADDLE STEAMERS OR PADDLE PROPELLED VESSELS AND TO ACQUIRE PRESERVE AND EXHIBIT A COLLECTION OF MARINE EQUIPMENT AND OTHER APPURTENANCES AND MATERIAL ASSOCIATED WITH THEM WITH A VIEW TO EDUCATING THE PUBLIC IN THE HISTORICAL SIGNIFICANCE OF PADDLE STEAMERS IN THE NATION'S MARITIME AND INDUSTRIAL HERITAGE.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Arts/culture/heritage/science · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Southend-on-Sea, East of England, England (from the postcode on the register)

Latest income
£5.7m
Latest spending
£5.7m
Registered
1987
Accounts read
FY2025

Financial health, per its FY2025 accounts

The group reported a net deficit of £9,909 for the year ended 31 October 2025, compared to a surplus in the prior year. The charity maintains a strong cash position with £3,797,882 in cash at bank and total net assets of £6,803,813. The trustees and auditors confirm the accounts are prepared on a going concern basis with no material uncertainties identified.

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

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“One employee received remuneration between £60,000 and £70,000” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received remuneration between £60,000 and £70,000” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Waverley Steam Navigation Co. Limited, Waverley Excursions Limited, Paddle Steamer Kingswear Castle Trust Limited
“The consolidated financial statements include the transactions of all companies within the PSPS Group. These are the Society itself together with Waverley Steam Navigation Co. Limited (WSN), Waverley Excursions Limited (WEL) and Paddle Steamer Kingswear Castle Trust Limited (PSKCT).” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Henderson & Company. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/10/2025

  • Volunteers: 70
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/10/2024

  • Volunteers: 70
  • Has a trading subsidiary
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/10/2023

  • Volunteers: 80
  • Has a trading subsidiary
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/10/2025)

Total income
£5.7m
Total spending
£5.7m
Cost of raising funds
£22k
Reserves (reported)
£4.1m
Employees
37

Reported reserves equal ~8.8 months of spending — above the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, cost of raising funds: 0.4% of total income — below the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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?

Per its FY2025 accounts: The group reported a net deficit of £9,909 for the year ended 31 October 2025, compared to a surplus in the prior year. The charity maintains a strong cash position with £3,797,882 in cash at bank and total net assets of £6,803,813. The trustees and auditors confirm the accounts are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Henderson & Company.

What does the highest-paid employee of THE PADDLE STEAMER PRESERVATION SOCIETY earn?

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.

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 PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PADDLE STEAMER PRESERVATION SOCIETY£5.7m£60,001 - £70,0001unclear—no doubt
PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED FY2025£64k—0unclear—no doubt
PAINTER STAINERS FINE ART TRUST FUND FY2024£5k—0unclear—no doubt
BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED FY2025£1.0m—0above—no doubt
WHITTINGTON CASTLE PRESERVATION TRUST FY2024£223k—0unclear—no doubt
THE DOMINIC BARKER TRUST FY2025£32k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.