PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED

Registered charity 299931 · accounts filings on the Charity Commission register · also known as PADDLE STEAMER KINGSWEAR CASTLE

Preservation and restoration of the Paddle Steamer Kingswear Castle to enable as wide a selection of the public as possible to gain experience of sailing in paddle steamers and exploring them, Maintenance of artefacts and documents relating to the Paddle Steamer Kingswear Castle and other paddle steamers.

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 (HEREINAFTER CALLED "PADDLE STEAMERS") AND TO ACUIRE, 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: Environment/conservation/heritage · website · Get email alerts

Registered contact address: New Forest, South East, England (from the postcode on the register)

Latest income
£64k
Latest spending
£45k
Registered
1988
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state a surplus of £19,778 for the year, with total net assets increasing to £1,052,353. The charity holds unrestricted income funds of £205,586 and restricted funds of £415,045, while maintaining a revaluation reserve of £431,665. The trustees note the need to maintain sufficient reserves for unforeseen issues, particularly unplanned mechanical work, while focusing on completing a major refit.

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

What the accounts disclose

Reserves policy: unclear (reserves figure: £206k)
“The Trustees continue to be mindful of the need for PSKCT to maintain sufficient reserves to see the Trust through any unforeseen issues, particularly the need for unplanned mechanical work.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The company is a subsidiary of The Paddle Steamer Preservation Society (PSPS) which holds the majority (55) of its issued shares.
“The company is a subsidiary of The Paddle Steamer Preservation Society (PSPS) which holds the majority (55) of its issued shares. There are 11 partly paid shares held by others - J H Megoran - 3 shares; G F Hundy - 3 shares; J M Gold - 3 shares and R § Martin - 2 shares.” — page 5
“Notes 2 and 3 detail various income from branches of the PSPS and from central funds. At 31 October 2025 £3,033 was accrued representing donations and gift aid for PSKCT received centrally by the PSPS. This was transferred in December 2025.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Income from PSPS branches and central funds, including a grant for refit costs.
“The company is a subsidiary of The Paddle Steamer Preservation Society (PSPS) which holds the majority (55) of its issued shares. There are 11 partly paid shares held by others - J H Megoran - 3 shares; G F Hundy - 3 shares; J M Gold - 3 shares and R § Martin - 2 shares.” — page 5
“Notes 2 and 3 detail various income from branches of the PSPS and from central funds. At 31 October 2025 £3,033 was accrued representing donations and gift aid for PSKCT received centrally by the PSPS. This was transferred in December 2025.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: In-house labour provided by Dartmouth Steam Railway and River Boat Company for refit work.
“The company is a subsidiary of The Paddle Steamer Preservation Society (PSPS) which holds the majority (55) of its issued shares. There are 11 partly paid shares held by others - J H Megoran - 3 shares; G F Hundy - 3 shares; J M Gold - 3 shares and R § Martin - 2 shares.” — page 5
“Notes 2 and 3 detail various income from branches of the PSPS and from central funds. At 31 October 2025 £3,033 was accrued representing donations and gift aid for PSKCT received centrally by the PSPS. This was transferred in December 2025.” — page 15
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: 1

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

  • Volunteers: 1

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

  • Volunteers: 1
  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

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

Trustees · trustee networks

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

Operates in: Devon · Kent · Medway

Income and spending

Financial year endIncomeSpending
31/10/2025£64k£45k
31/10/2024£61k£25k
31/10/2023£47k£28k
31/10/2022£103k£20k
30/04/2021£26k£10k

Common questions

Is PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state a surplus of £19,778 for the year, with total net assets increasing to £1,052,353. The charity holds unrestricted income funds of £205,586 and restricted funds of £415,045, while maintaining a revaluation reserve of £431,665. The trustees note the need to maintain sufficient reserves for unforeseen issues, particularly unplanned mechanical work, while focusing on completing a major refit. Its FY2025 accounts were audited by Henderson & Company.

Who funds PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED?

Funders whose own accounts filings name PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED as a grant recipient include THE PADDLE STEAMER PRESERVATION SOCIETY.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE PADDLE STEAMER PRESERVATION SOCIETYFY2025£200kGrant for Phase 2 of rebuild
THE PADDLE STEAMER PRESERVATION SOCIETYFY2025£29kGrants for P.S. Kingswear Castle
THE PADDLE STEAMER PRESERVATION SOCIETYFY2022Unverified read£26kSupporting Paddle Steamer Kingswear Castle (Branch donations and fundraising charter)
THE PADDLE STEAMER PRESERVATION SOCIETYFY2021£6kGrants for P.S. Kingswear Castle
THE PADDLE STEAMER PRESERVATION SOCIETYFY2023£5kSupporting Paddle Steamer Kingswear Castle (Wessex and Dart branch grant)

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund16/06/1999£79k"Paddle Steamer Kingswear Castle - Reboilering"

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.

FunderSimilar charities fundedAmount to them
THE HEADLEY TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PADDLE STEAMER PRESERVATION SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PADDLE STEAMER KINGSWEAR CASTLE TRUST LIMITED£64k—0unclear—no doubt
THE PADDLE STEAMER PRESERVATION SOCIETY FY2025£5.7m£60,001 - £70,0001unclear—no doubt
ARUNDEL CASTLE TRUSTEES LIMITED FY2025£5.9m£100,001 - £110,000—unclear—no doubt
PENGERSICK HISTORIC & EDUCATION TRUST FY2025£108k—0unclear—no doubt
THE STEAM TUG KERNE PRESERVATION SOCIETY LIMITED FY2025£89k—0within—no doubt
PAINTER STAINERS FINE ART TRUST FUND FY2024£5k—0unclear—no doubt

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