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.
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
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 EDWARD GOSTLING FOUNDATION | 1 | £10k |
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £5k |
| EAST END COMMUNITY FOUNDATION | 1 | £2k |
| GOWLING WLG (UK) CHARITABLE TRUST | 1 | £2k |
| THE RYA FOUNDATION | 1 | £2k |
Charities like this
- BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED
- SOCIETY FOR NAUTICAL RESEARCH
- VINTAGE TRAINS CHARITABLE TRUST
- WESTERN LOCOMOTIVE ASSOCIATION LIMITED
- CROMFORD STEAM RALLY SOCIETY
- PETT LEVEL INDEPENDENT RESCUE BOAT ASSN.
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 |
| BRESSINGHAM STEAM PRESERVATION COMPANY LIMITED | £1.0m | — | 0 | above | — | no doubt |
| SOCIETY FOR NAUTICAL RESEARCH | £250k | — | 0 | unclear | — | no doubt |
| VINTAGE TRAINS CHARITABLE TRUST | £3.6m | — | — | below | — | no doubt |
| WESTERN LOCOMOTIVE ASSOCIATION LIMITED | £191k | — | 0 | unclear | — | no doubt |
| CROMFORD STEAM RALLY SOCIETY | £176k | — | 0 | unclear | — | no doubt |