Finance Score: -4

Governance Score: 4

Support Score: 9

Liabilities <10%: +3
Excess liquidity: -1
Reasonable growth: +1
Multiple Deficits: -2
Fundraising costs high: -5

12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3
Mainly male board: -1

Grant maker support: +9

Overall GiG Score: 9

ROYAL MARINES ASSOCIATION - THE ROYAL MARINES CHARITY

The Royal Marines Charity is a charity for Serving and retired Royal Marines and their dependants. Its mission is three fold: Recovery Pathway - helping the wounded and seriously injured; Decompression and quality of life Pathway - helping those still serving; Through life Pathway - support after leaving the service.

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
This charity has a robust balance sheet
There has been reasonable growth in spending over the last 3 years relative to the previous period, despite a decline more recently
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 16 trustees whereas the Charities Commission recommends a maximum of 12
The Board is predominantly male

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	Volun- teers
31/12/22		£5,383	£5,631	£-248	£2,118	£13,106	£9,359	19.9	38	500
31/12/21		£4,614	£4,334	£280	£1,813	£14,822	£9,622	26.6	31	500
31/12/20		£3,577	£6,423	£-2,845	£1,500	£13,370	£8,182	15.3	34	450
31/12/19		£7,906	£5,806	£2,099	£2,083	£16,877	£10,164	21	28	150
31/12/18	*	£4,902	£3,869	£1,033	£1,200	£13,811	£6,116	19	14	115
31/12/17		£3,492	£2,996	£496	£854	£13,038	£5,633	22.6	11	0
31/12/16		£2,661	£2,788	£-127	£772	£12,277	£4,863	20.9	11	0
31/12/15		£2,757	£2,731	£26	£872	£11,064	£4,445	19.5	9	0
31/12/14		£5,340	£3,816	£1,524	£634	£11,531	£4,194	13.2	8	0
31/12/13		£3,089	£3,073	£16	£706	£10,120	£2,675	10.4	9	0
31/12/12		£3,050	£1,992	£1,058	£641	£9,204	£2,023	12.2	2	0
31/12/11		£1,855	£1,421	£433	£160	£7,483	£405	3.4	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 48.6%
Fundraising Costs/Total Spending: 39.3%
Senior Staff Costs/Total Spending: 11%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 4%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 71%
Reserves/Spending: 19.9 months
Net Current Assets/Spending: 5 months
Quick Ratio: 3.3

Asset Split ?

Established: 14 years

www.rma-trmc.org

enquiries@rma-trmc.org

02393981959

Charity Commission for England and Wales

Tweets

Listed activities

Armed Forces/Emergency Service Efficiency
Disability
Other Charitable Purposes
Recreation

GiG Classification

Other individual and family services

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides other finance

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups

Who works here?

38 employees
500 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Ministry of Defence	£555,079
National Lottery Community Fund	£170,000
Armed Forces Covenant Fund Trust	£125,000
Pears Foundation	£15,000

Specific Donations

Amount	When Months	To be used for
Ministry of Defence - Covenant Fund
£100,000	10/02/2023	"The Armed Forces Covenant aims to: 1) the Armed Forces Covenant defines the enduring, general principles that should govern the relationship between the Nation, the Government and the Armed ....more "The Armed Forces Covenant aims to: 1) the Armed Forces Covenant defines the enduring, general principles that should govern the relationship between the Nation, the Government and the Armed Forces community. 2) It aims to encourage all parties within a community to offer support to the local Armed Forces community and make it easier for Service personnel, families and veterans to access the help and support available from the MOD, from statutory providers and from the Charitable and Voluntary Sector. These organisations already work together in partnership at local level. 3) the scheme is intended to be a two-way arrangement and the Armed Forces community are encouraged to do as much as they can to support their community and promote activity which integrates the Service community into civilian life. "
Ministry of Defence - Covenant Fund
£100,000	10/02/2023	"The Armed Forces Covenant aims to: 1) the Armed Forces Covenant defines the enduring, general principles that should govern the relationship between the Nation, the Government and the Armed ....more "The Armed Forces Covenant aims to: 1) the Armed Forces Covenant defines the enduring, general principles that should govern the relationship between the Nation, the Government and the Armed Forces community. 2) It aims to encourage all parties within a community to offer support to the local Armed Forces community and make it easier for Service personnel, families and veterans to access the help and support available from the MOD, from statutory providers and from the Charitable and Voluntary Sector. These organisations already work together in partnership at local level. 3) the scheme is intended to be a two-way arrangement and the Armed Forces community are encouraged to do as much as they can to support their community and promote activity which integrates the Service community into civilian life. "
National Lottery Community Fund - Lifting the Lid
£160,000	31/03/2022	The project is using funding to deliver a project that will support veterans of the Royal Marines who are affected by issues that impact on their mental health. The funding will be used towards the ....more The project is using funding to deliver a project that will support veterans of the Royal Marines who are affected by issues that impact on their mental health. The funding will be used towards the cost of a Casework Support Manager and will contribute to the cost of mental health treatment for those who require it.
Pears Foundation - Grant to The Royal Marines Charity
£15,000	03/12/2021	Discretionary donation
Ministry of Defence - Covenant Fund
£49,954	03/09/2021	For existing charitable projects to help charities to sustain activities and services that people from Armed Forces communities use and value.
Ministry of Defence - £10M Veterans' Mental Health and Wellbeing Fund
£125,125	12/03/2021	two-year projects that aim to reduce suicide risks within vulnerable veterans in a coordinated and targeted way
Ministry of Defence - £10M Veterans' Mental Health and Wellbeing Fund
£35,000	13/11/2020	The Positive Pathways programme funded projects that develop and run activities supporting the mental health and wellbeing of ex-Forces.
Ministry of Defence - Covenant Fund
£20,000	13/11/2020	For community projects that reduce isolation and promote integration
Armed Forces Covenant Fund Trust - COVID IMPACT FUND
£125,000	25/06/2020	Funding allowed the group to continue to support the most vulnerable members of the RM community, particularly those experiencing exacerbated challenges due to the social distancing measures.
Ministry of Defence - Covid-19 Impact Fund
£125,000	15/06/2020	To maintain services and activities where organisations' finances had been impacted by Covid
National Lottery Community Fund - The RM Corps Family Weekend
£10,000	02/08/2019 12	The funding will be used to deliver a weekend event for serving and veteran Royal Marines and their families. The project aims to signpost to support services available as well as bring people ....more The funding will be used to deliver a weekend event for serving and veteran Royal Marines and their families. The project aims to signpost to support services available as well as bring people together.
Ministry of Defence - Financial Assistance/Support
£42,000	01/04/2019	Banking fines - Treasury to direct to various Armed Forces causes
Ministry of Defence - ALB - Armed forces Covenant Fund Trust- Covenent Fund
£20,000	01/04/2018	Armed Forces Covenant Local Grants for local projects that support community integration or local delivery of services.
Ministry of Defence - Financial Assistance/Support
£120,000	01/04/2018	Banking fines - Treasury to direct to various Armed Forces causes
Ministry of Defence - Financial Assistance/Support
£112,500	01/04/2018	Banking fines - Treasury to direct to various Armed Forces causes

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (16)

Current Trustees appointed

Gender Split

Age Range of Trustees: 37-72

EMMA CLAIRE GRAY Appointed: 2022, Occupation: Solicitor

IAN DAVID COHEN Appointed: 2022, Occupation: Group Coo

MARK EDWARD FITZGERALD Appointed: 2023, Occupation: Investment Manager

MATTHEW JACKSON DSO Appointed: 2022

NICHOLAS MARK BANKS Appointed: 2022, Occupation: Accountant

PAUL RICHARD DENNING Appointed: 2017, Occupation: Managing Director

RICHARD JAMES SWARBRICK Appointed: 2022, Occupation: Nhs Director

RYAN NAST Appointed: 2022, Occupation: Company Manager

THOMAS MICHAEL TRIPP Appointed: 2022, Occupation: Accountant

KIM RICHARDSON OBE Appointed: 2018, Occupation: Charity Worker

LYNN ROSANNE FORDHAM (Chair) Appointed: 2020, Occupation: Managing Director

NICHOLAS OLLIVE Appointed: 2021, Occupation: Royal Marines, Other trusteeship: GLOBE AND LAUREL MAGAZINE,

PAUL DEACON Appointed: 2019, Occupation: Local Authority Officer

SIMON BEET Appointed: 2020, Occupation: Retired

SARA REED Appointed: 2018, Occupation: Communications Manager

ANDREW MARK EDWARD ROBINSON Appointed: 2020, Occupation: Consultant, Other trusteeship: THE ROYAL NAVY AND ROYAL MARINES CHARITY,

Legal constitution

Charitable company registered in England & Wales on 08/02/2010, number: 1134205
Registered at Companies House on 01/02/2010, number: 07142012

Gift Aid

Registered with HMRC for Gift Aid

Event History

23/01/2014 - Asset transfer in from THE ROYAL MARINES COMMON INVESTMENT FUND
09/11/2020 - Asset transfer in from THE ROYAL MARINES ASSOCIATION LIMITED
22/03/2022 - Asset transfer in from RM CLUB BRANCH LIMITED
27/10/2022 - Asset transfer in from THE C GROUP SUPPORTING THE RMS
Linked charity: ROYAL MARINES BENEVOLENT FUND
Linked charity: THE C GROUP SUPPORTING THE RMS
Linked charity: THE C GROUP SUPPORTING THE RMS
Linked charity: ROYAL MARINES SPORTS ASSOCIATION

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

12 returns made; AR18: 14 days late,

Recent reorganisation events:

Asset transfer in from THE ROYAL MARINES ASSOCIATION LIMITED on 09/11/2020
Asset transfer in from RM CLUB BRANCH LIMITED on 22/03/2022
Asset transfer in from THE C GROUP SUPPORTING THE RMS on 27/10/2022

Main office

COMMANDO TRAINING CENTRE
ROYAL MARINES
EXMOUTH ROAD
LYMPSTONE
EXMOUTH
EX8 5AR

Objectives

3.1.1 TO MAINTAIN AND INCREASE THE EFFICIENCY OF THE ROYAL MARINES, AND TO PROMOTE AND PRESERVE THE ESPRIT DE CORPS, HERITAGE, ETHOS AND TRADITIONS OF THE CORPS;3.1.2 TO ASSIST OR BENEFIT PERSONS SERVING IN OR WHO HAVE SERVED IN THE ROYAL MARINES OR OF SUCH DEPENDANTS, SPOUSES, CIVIL PARTNERS, WIDOWS, WIDOWERS, CHILDREN (INCLUDING ADOPTED CHILDREN) OR IMMEDIATE CLOSE FAMILY OF SUCH PERSONS AS MAY FOR THE TIME BEING BE IN NEED OF CHARITABLE ASSISTANCE OR BENEFIT;3.1.3 TO COMMEMORATE AND REMEMBER THOSE MEMBERS OF THE ROYAL MARINES WHO HAVE LOST THEIR LIVES OR SUFFERED INJURY, OR PUT THEMSELVES AT RISK OF LOSS OF LIFE OR INJURY, IN SERVICE OF THE CROWN AND TO ENCOURAGE PUBLIC RECOGNITION OF THEIR SERVICE AND SACRIFICE;3.1.4 TO SUPPORT THE ROYAL MARINES, THE ROYAL MARINES CADET SECTION OF THE SEA CADET CORPS, THE ROYAL MARINES CADET SECTION OF THE COMBINED CADET FORCE, THE ROYAL MARINES VOLUNTEER CADET CORPS BY ANY OTHER CHARITABLE MEANS AS THE TRUSTEES SHALL FROM TIME TO TIME PERMIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources