THE SEVEN SEAS BAXTER AND GRIMSHAW TRUST
The charity provides assistance for young people up to the age of 25 years old from a disadvantaged background with a financial grant towards sail/nautical training.
Financial health, per its FY2025 accounts
The accounts state that the trust incurred a net decrease in funds of £10,948 for the year ended 31 December 2025, driven by payments exceeding receipts. The trust holds unrestricted cash funds of £28,988 and investment assets with a current value of £551,935, indicating sufficient liquid resources to meet its liabilities.
What the accounts disclose
Trustees
- The Seven Seas Baxter & Grimshaw Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £29k | £22k |
| 31/12/2024 | £22k | £26k |
| 31/12/2023 | £21k | £22k |
| 31/12/2022 | £19k | £25k |
| 31/12/2021 | £19k | £16k |
Common questions
Is THE SEVEN SEAS BAXTER AND GRIMSHAW TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the trust incurred a net decrease in funds of £10,948 for the year ended 31 December 2025, driven by payments exceeding receipts. The trust holds unrestricted cash funds of £28,988 and investment assets with a current value of £551,935, indicating sufficient liquid resources to meet its liabilities. Its FY2025 accounts were independently examined.