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THE CONWAY MERCHANT NAVY TRUST

Registered charity 526577 · accounts filings on the Charity Commission register · also known as THE CONWAY CADET SCHOOL

Latest income
£132k
Latest spending
£196k
Registered
1964
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £37,816 for the year, resulting in a deficit of £16,240 after investment gains. Free reserves stood at £164,166, which the Trustees regard as satisfactory to avoid disruption to sponsorship levels. The charity has commitments for funding trainees up to 2024/25 and is currently managing a split in training costs with Trinity House.

What the accounts disclose

Reserves policy: satisfactory in order to avoid any undue disruption to the anticipated level of sponsorship (held: £164k)
“At the balance sheet date, the charity's free reserves amounted to £164,166 (see note 16) after deducting fixed asset investments, which the Trustees regard as satisfactory in order to avoid any undue disruption to the anticipated level of sponsorship.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/09/2025£132k£196k
30/09/2024£113k£164k
30/09/2023£105k£143k
30/09/2022£102k£125k
30/09/2021£123k£134k

Common questions

Is THE CONWAY MERCHANT NAVY TRUST financially healthy?

The accounts state that the charity reported a net expenditure of £37,816 for the year, resulting in a deficit of £16,240 after investment gains. Free reserves stood at £164,166, which the Trustees regard as satisfactory to avoid disruption to sponsorship levels. The charity has commitments for funding trainees up to 2024/25 and is currently managing a split in training costs with Trinity House. Its FY2023 accounts were independently examined.

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
LLOYD'S REGISTER FOUNDATION1£460k
THE CHARLES LEWIS FOUNDATION1£108k
THE FRANK JACKSON FOUNDATION1£90k
REARDON SMITH NAUTICAL TRUST1£81k
E B M CHARITABLE TRUST1£56k
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND1£25k
THE ELIZABETH AND PRINCE ZAIGER TRUST1£24k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUST1£24k

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