THE PADDLE STEAMER PRESERVATION SOCIETY
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.
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.
What the accounts disclose
“One employee received remuneration between £60,000 and £70,000” — page 27
“One employee received remuneration between £60,000 and £70,000” — page 27
“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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
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
In the news
Property (HM Land Registry)
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?
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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WELLAND CHARITABLE TRUST | 1 | £118k |
| THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION | 1 | £7k |
| Friends of the Nations' Libraries | 1 | £1k |
Charities like this
- PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED
- PAINTER STAINERS FINE ART TRUST FUND
- BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED
- WHITTINGTON CASTLE PRESERVATION TRUST
- THE DOMINIC BARKER TRUST
- THE STANLEY MEWS COMMUNITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PADDLE STEAMER PRESERVATION SOCIETY | £5.7m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED | £64k | — | 0 | unclear | — | no doubt |
| PAINTER STAINERS FINE ART TRUST FUND | £5k | — | 0 | unclear | — | no doubt |
| BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED | £1.0m | — | 0 | above | — | no doubt |
| WHITTINGTON CASTLE PRESERVATION TRUST | £223k | — | 0 | unclear | — | no doubt |
| THE DOMINIC BARKER TRUST | £32k | — | 0 | unclear | — | no doubt |