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.
Objects
THE RELIEF OF NEEDY AND DISADVANTAGED YOUNG PERSONS UNDER THE AGE OF 25 YEARS FOR THE PURPOSES OF NAUTICAL OR SAILING TRAINING OR THE ANY NAUTICAL CHARITY IN ACCORDANCE WITH THE PROVISIONS OF THE DECLARATION OF TRUST.
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
Policies the charity declares
- Internal charity financial controls policy and procedures
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.