Finance Score: -5

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -5
Accounts filed more than 5 days late: -2 times
Reasonable growth: +1
Fundraising costs high: -2

Narrow trustee age band: -2
Dynamic board: +3
Mainly male board: -1

Grant maker support: +3

Overall GiG Score: -2

THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)

To support seafarers in need with provision of sheltered housing, support, holidays and financial aid.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
This charity has a robust balance sheet
There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is predominantly male
The Board has little diversity in terms of age
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £12,758,571 available, equivalent to 109 months of spending and so may not be able to utilise additional funding
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
Fundraising costs are high relative to funds raised

Established: 62 years
(77 years as a company)

www.careashore.org

D.Burgess@careashore.org

01403752555

Charity Commission for England and Wales

Tweets

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
31/03/23	*	£4,839	£1,405	£3,434	£23	£12,761	£12,759	109	16	6
31/03/22		£907	£975	£-68	£99	£9,332	£9,327	114.8	16	3
31/03/21	*	£1,286	£973	£313	£92	£6,939	£6,929	85.5	16	11
31/03/20		£788	£935	£-147	£81	£5,804	£5,793	74.4	15	12
31/03/19		£858	£874	£-15	£73	£5,950	£5,915	81.3	13	19
31/03/18		£736	£821	£-86	£69	£5,966	£5,955	87	13	0
31/03/17		£770	£845	£-75	£71	£6,050	£6,035	85.7	13	0
31/03/16		£796	£798	£-1	£113	£6,133	£6,122	92.1	13	0
31/03/15		£850	£668	£182	£118	£6,134	£6,066	108.9	13	0
31/03/14		£730	£728	£2	£99	£5,487	£5,430	89.5	14	0
31/03/13	*	£728	£695	£33	£62	£5,490	£5,434	93.8	13	0
31/03/12		£797	£638	£159	£57	£5,452	£5,398	101.5	13	0
31/03/11		£692	£712	£-19	£115	£5,291	£5,236	88.3	13	0
31/03/10		£665	£633	£32	£48	£5,307	£5,253	99.6	13	0
31/03/09		£675	£769	£-94	£124	£4,320	£4,270	66.6	12	0
31/03/08		£782	£649	£133	£91	£4,420	£4,365	80.8	14	0
31/03/07		£647	£630	£17	£93	£4,288	£4,233	80.7	13	0
31/03/06		£588	£556	£32	£0	£0	£0	n/a	0	0
31/03/05	*	£551	£476	£75	£0	£0	£0	n/a	0	0
31/03/04		£542	£475	£67	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 23%
Fundraising Costs/Total Spending: 9.9%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 6%
Liabilities/Income: 18%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 109 months
Net Current Assets/Spending: 37 months
Quick Ratio: 18.1

Asset Split ?

Listed activities

Accommodation/Housing
General Charitable Purposes

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Surrey,

Who it helps

Elderly/Old People
Other Defined Groups
People With Disabilities

Who works here?

16 employees
6 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.

Specific Donations

Amount	When Months	To be used for
Co-Operative Group - Grant to Care Ashore (The Springbok Estate)
£3,644	21/10/2023	We are seeking support in the purchase of specialist clothing and equipment to manage a small population of bees on the estate. It is a project for residents, volunteers and great for the environment!
Seafarers UK - Grant to Care Ashore
£10,000	13/11/2018	Grant funding for a health and wellbeing programme for residents to improve physical and mental health.
Seafarers UK - Grant to Care Ashore
£10,000	13/11/2018	Grant funding for a health and wellbeing programme for residents to improve physical and mental health.
Seafarers UK - Grant to Care Ashore
£50,000	10/04/2018	Grant to provide services for residents, including 24 hour on call duty staff and an emergency alarm service.
Seafarers UK - Grant to Care Ashore
£50,000	10/04/2018	Grant to provide services for residents, including 24 hour on call duty staff and an emergency alarm service.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees:

AMELIA GOODWIN Appointed: 2023

ANDREW CHARLES SPIERS Appointed: 2022

CHRISTOPHER WALKER Appointed: 2020, Occupation: Retired

KENNETH USHER Appointed: 2020, Occupation: Regional Organiser

NIGEL CHRISTOPHER WATERSON Appointed: 2022, Occupation: Self-Employed Consultant, Other trusteeship: INTERNATIONAL LONGEVITY CENTRE-UK,

VINCENT JAMES BICK (Chair) Appointed: 2023, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 22/09/1962, number: 207500
Registered at Companies House on 23/01/1947, number: 00428236

Gift Aid

Registered with HMRC for Gift Aid

Event History

Linked charity: THE HENRY RADCLIFFE CONVALESCENT HOME
16/10/2020 - Asset transfer in from THE PLYMOUTH MERCHANT NAVY MONUMENT
14/10/2022 - Asset transfer in from WEY VALLEY DISABLED ANGLERS ASSOCIATION

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
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
Volunteer management

Filing Record

20 returns made; AR23: 63 days late, AR21: 21 days late, AR13: 62 days late, AR05: 268 days late,

Recent reorganisation events:

Asset transfer in from THE PLYMOUTH MERCHANT NAVY MONUMENT on 16/10/2020
Asset transfer in from WEY VALLEY DISABLED ANGLERS ASSOCIATION on 14/10/2022

Main office

Merchant Seamans War Memorial Society
Springbok Estate
Alfold
CRANLEIGH
Surrey
GU6 8EX

Objectives

THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT, TO PROVIDE EXCLUSIVELY CHARITABLE SUPPORT, SERVICES AND GRANTS TO: (A) THOSE MEN AND WOMEN WHO ARE OR HAVE BEEN SEAFARERS, AND THEIR DEPENDANTS, WHO ARE IN NEED OF ASSISTANCE BY THE PROVISION OF ACCOMMODATION, FINANCIAL ALLOWANCES OR GRANTS AND IN SUCH OTHER WAYS AS THE BOARD THINK FIT; AND(B) THOSE MEN AND WOMEN WHO ARE OR HAVE BEEN SEAFARERS AND WHO ARE SICK, DISABLED, AGED OR INFIRM OR WHO REQUIRE REST OR CONVALESCENCE BY THE PROVISION AND MAINTENANCE OF A CONVALESCENT HOME OR REST HOME OR IN SUCH OTHER WAYS AS THE BOARD THINK FIT;AND TO OTHERWISE EXTEND ITS SERVICES TO THOSE PERSONS HAVING AN APPROPRIATE CONNECTION WITH THE SEA AS THE BOARD THINKS FIT.4.2 NOTHING IN THESE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005 AND/OR SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008.

Defined Area of Benefit:

NATIONAL

Data Sources