Finance Score: -5

Governance Score: 2

Support Score: 3

Poor Liquidity: -1
Good Reserves: +1Fundraising costs high: -5

No conflicts policy: -1
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 0

PORTSMOUTH ROYAL MARITIME CLUB

The Royal Maritime Club operates a 3 star public hotel & conference facility with over 100 bedrooms, conference & meeting rooms, restaurant & wedding licensed Ballroom. All surpluses from the club's operations fund its charitable objectives. In addition to serving & retired RN & Merchant seafarers, we welcome members from all the armed forces, their families & members of the local community.

Analysis by Giving is Great

Positives:

The charity has received Government grants
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/12/22		£2,741	£2,775	£-34	£911	£2,947	£2,947	12.7	75
31/12/21		£1,899	£1,955	£-57	£621	£2,997	£2,151	13.2	75
31/12/20		£1,296	£1,881	£-584	£566	£3,043	£2,197	14	70
31/12/19		£2,555	£2,411	£145	£892	£3,625	£3,625	18	82
31/12/18		£2,391	£2,289	£102	£837	£3,469	£2,637	13.8	82
31/12/17		£2,488	£2,404	£84	£907	£3,371	£3,357	16.8	87
31/12/16		£2,199	£2,186	£14	£0	£3,280	£3,135	17.2	84
31/12/15		£2,074	£2,061	£13	£36	£2,960	£2,960	17.2	83
31/12/14		£1,941	£2,031	£-91	£53	£2,947	£2,910	17.2	77
31/12/13		£1,180	£1,213	£-32	£53	£3,062	£2,997	29.7	85
31/12/12		£1,075	£1,271	£-195	£47	£3,022	£3,022	28.5	85
31/12/11		£866	£1,263	£-397	£55	£3,214	£3,214	30.5	84
31/12/10		£1,246	£1,159	£87	£46	£3,611	£3,611	37.4	84
31/12/09		£1,926	£1,852	£74	£837	£3,219	£3,219	20.9	91
31/12/08		£1,830	£2,042	£-212	£13	£3,141	£3,141	18.5	105
31/12/07		£1,663	£1,863	£-199	£945	£3,388	£3,388	21.8	90
31/12/06	*	£1,487	£1,666	£-179	£0	£0	£0	n/a	0
31/12/05	*	£1,501	£1,691	£-190	£0	£0	£0	n/a	0
31/12/04		£707	£810	£-104	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 62.5%
Fundraising Costs/Total Spending: 32.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 36%
Liabilities/Income: 60%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 12.7 months
Net Current Assets/Spending: -2 months
Quick Ratio: 0.1

Asset Split ?

Established: 25 years

www.royalmaritimeclub.co.uk

info@royalmaritimeclub.co.uk

02392824231

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Amateur Sport
Other Charitable Purposes

GiG Classification

Social clubs and similar

How it operates

Other charitable activities
Provides buildings/facilities/open space
Provides services

Where it operates

Hampshire,

Who it helps

Other Defined Groups

Who works here?

75 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

TIM CLARK Appointed: 2022

CHARLOTTE MARY STEELSMITH Appointed: 2019, Other trusteeship: PORTSMOUTH ROYAL MARITIME CLUB,

MICHAEL JOHN DAWE Appointed: 2015, Other trusteeships: VETERANS OUTREACH SUPPORT, PORTSMOUTH ROYAL MARITIME CLUB,

MICHAEL JOHN MASSEY Appointed: 2019, Other trusteeship: PORTSMOUTH ROYAL MARITIME CLUB,

PATRICIA GERALDINE HOWSE Appointed: 2013, Other trusteeship: PORTSMOUTH ROYAL MARITIME CLUB,

PAUL ANTHONY QUINN Appointed: 2019, Other trusteeships: NAVAL FAMILIES FEDERATION, PORTSMOUTH ROYAL MARITIME CLUB,

Legal constitution

Charity registered in England & Wales on 04/01/1999, number: 1073167

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Investment
Paying staff
Risk management

Filing Record

19 returns made; AR06: 36 days late, AR05: 34 days late,

Main office

QUEEN STREET
PORTSMOUTH
PO1 3HS

Objectives

1) THE OBJECTS OF THE CHARITY ARE:A) IN THE INTERESTS OF SOCIAL WELFARE, TO IMPROVE THE CONDITIONS OF LIFE OF SEAFARERS BY PROVIDING A CLUB FOR ACCOMMODATION, RECREATION AND OTHER LEISURE-TIME OCCUPATION; ANDB) THE RELIEF OF SEAFARERS AND FORMER SEAFARERS WHO ARE IN NEED, HARDSHIP OR DISTRESS.2) THE TRUSTEES MAY PROVIDE THE CLUB FACILITIES AT A REDUCED CHARGE, OR FREE OF CHARGE, TO SEAFARERS WHO ARE IN NEED, HARDSHIP OR DISTRESS.3) THE TRUSTEES MAY PROVIDE RELIGIOUS, USEFUL AND PROFESSIONAL INSTRUCTION TO SEAFARERS.4) THE LAND IDENTIFIED IN THE SCHEDULE TO THIS SCHEME MUST BE RETAINED BY THE TRUSTEES FOR USE FOR THE OBJECTS OF THE CHARITY.

Defined Area of Benefit:

PORTSMOUTH. HAMPSHIRE

Data Sources