Finance Score: -6

Governance Score: 9

Support Score: 3

Excess liquidity: -1
Positive trading contribution: +2;Multiple Deficits: -2
Fundraising costs high: -5

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 6

CHINA FLEET TRUST

The provision of recreation and leisure activities to the specified class of beneficiaries; all serving Officers and Ratings of the Royal Navy; all RN/RM Reserve Forces; all Royal Fleet Auxiliary personnel and their immediate families.The Directors shall also select additional beneficiary classes from time to time providing they shall give priority first to serving the needs of those specified.

Analysis by Giving is Great

Positives:

The charity has received Government grants
More than half of total income was derived from trading and fees in the latest year
Spending has increased over the last 3 years relative to the previous period
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

Liquidity appeared to be in excess of CC guidelines at the latest year end especially considering the historic stability of income
On several occasions in recent years income has been less than spending
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
31/05/23	£6,351	£6,494	£-144	£4,883	£9,045	£8,721	16.1	112
31/05/22	£6,214	£5,533	£680	£4,373	£9,234	£8,898	19.3	222
31/05/21	£3,309	£3,981	£-672	£3,161	£8,595	£8,395	25.3	186
31/05/20	£4,305	£4,457	£-152	£3,164	£9,156	£8,946	24.1	101
31/05/19	£5,010	£5,003	£6	£3,417	£9,242	£9,020	21.6	104
31/05/18	£4,795	£4,749	£46	£3,274	£9,212	£8,976	22.7	217
31/05/17	£4,617	£3,982	£635	£2,606	£9,190	£9,017	27.2	215
31/05/16	£4,416	£4,300	£116	£3,010	£8,295	£8,162	22.8	212
31/05/15	£4,334	£4,077	£257	£14	£8,340	£8,197	24.1	201
31/05/14	£344	£467	£-123	£0	£0	£0	n/a	0
31/05/13	£328	£357	£-29	£0	£0	£0	n/a	0
31/05/12	£547	£570	£-23	£9	£7,516	£7,516	158.2	97
31/05/11	£607	£583	£24	£10	£7,639	£7,639	157.2	97

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Financial Ratios

Fundraising Costs/Relevant Income: 439%
Fundraising Costs/Total Spending: 75.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 18%
Liabilities/Income: 32%
Unrestricted Funds/Total Funds: 96%
Reserves/Spending: 16.1 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.6

Asset Split ?

Established: 14 years

www.china-fleet.co.uk

trust@china-fleet.co.uk

01752854630

Charity Commission for England and Wales

Tweets

Listed activities

Armed Forces/Emergency Service Efficiency

GiG Classification

Services for females

How it operates

Provides services

Where it operates

Cornwall,

Who it helps

Other Defined Groups

Who works here?

112 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Age Range of Trustees: 40-72

ALASTAIR KEITH CAMP MBA FCIB Appointed: 2017

CLAIRE LEES Appointed: 2021, Occupation: Royal Navy

JOHN STUART WEALE Appointed: 2022, Occupation: Chair Person

PAUL ANDREW TODD Appointed: 2021

REBECCA FRENCH Appointed: 2021, Occupation: Royal Navy

HILARY ANNE FRANK Appointed: 2022, Occupation: Councillor, Other trusteeships: SALTASH CHILDRENS APPEAL, CORNWALL COMMUNITY DEVELOPMENT LIMITED, CORNWALL INTERNATIONAL MALE CHORAL FESTIVAL LTD,

IAN ROBERT DOUGLAS Appointed: 2017, Occupation: Director

ROB BALDRY Appointed: 2015, Occupation: Marketing Consultant, Other trusteeship: NEW LIFE CHURCH OTTERY ST MARY,

SARAH ADKINS Appointed: 2014, Occupation: Solicitor

STEPHEN COX Appointed: 2020, Occupation: Royal Marine Officer

Legal constitution

Charitable company registered in England & Wales on 12/05/2010, number: 1135918
Registered at Companies House on 10/12/2009, number: 07100967

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

13 returns made; all on time

Main office

China Fleet Golf & Country Club Ltd
North Pill
SALTASH
Cornwall
PL12 6LJ

Objectives

FOR THE PUBLIC BENEFIT THE PROMOTION OF THE EFFICIENCY AND WELFARE OF THE ARMED FORCES BY MEANS OF THE PROVISION (WHETHER IN ENGLAND OR ELSEWHERE) TO THE SPECIFIED CLASS OF RECREATIONAL AND OTHER LEISURE TIME FACILITIES.THE SPECIFIED PERSONNEL' SHALL MEAN ALL NON-COMMISSIONED OFFICERS AND RATINGS OF THE ROYAL NAVY, COMMISSIONED OFFICERS OF THE ROYAL NAVY AND ROYAL FLEET AUXILIARY PERSONNEL WHO ARE FROM TIME TO TIME IN THE SERVICE OF THE CROWN AND SUCH OTHER CLASSES OF BENEFICIARY AS THE DIRECTORS MAY SELECT FROM TIME TO TIME FROM THE FOLLOWING; A) FORMER NON-COMMISSIONED OFFICERS AND RATINGS OF THE ROYAL NAVY OR THE WOMEN'S ROYAL NAVAL SERVICE B) OTHER SERVING ROYAL NAVY PERSONNEL C) FORMER ROYAL NAVY AND WOMEN'S ROYAL NAVAL SERVICE PERSONNEL NOT LISTED IN PARAGRAPH A) ABOVE D) ARMY AND ROYAL AIR FORCE PERSONNEL ATTACHED TO OR EMBEDDED WITHIN ROYAL NAVY UNITS; PROVIDED THAT WHEN DECIDING WHETHER TO SELECT ADDITIONAL CLASSES OF BENEFICIARY AND, IF SO, WHICH ADDITIONAL CLASSES TO SELECT, THE DIRECTORS SHALL GIVE PRIORITY FIRST TO SERVING THE NEEDS OF NON-COMMISSIONED OFFICERS AND RATINGS OF THE ROYAL NAVY, COMMISSIONED OFFICERS OF THE ROYAL NAVY AND ROYAL FLEET AUXILIARY PERSONNEL AND SECONDLY TO THOSE BENEFICIARIES FALLING WITHIN PARAGRAPHS A), B) AND C) ABOVE. FOR THE PURPOSES OF THIS DEFINITION, ROYAL NAVY SHALL INCLUDE THE ROYAL MARINES, THE ROYAL NAVY RESERVES AND THE ROYAL MARINES RESERVES'

Defined Area of Benefit:

NOT DEFINED

Data Sources