Finance Score: -4
Governance Score: 2
Support Score: 4
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Large legacies income: +1
  • Fundraising costs high: -3
  • 12+ Trustees: -1
  • Gender balanced board: +3
  • Grant maker support: +4
Overall GiG Score: 2 ?

THE SHIPWRECKED FISHERMEN AND MARINERS' ROYAL BENEVOLENT SOCIETY 

The Shipwrecked Mariners' Society provides financial support to retired seafarers (Merchant Navy and Fishing Fleet) and their dependants and those unable to continue working at sea through accident, disability, illness or for compassionate reasons. The Charity operates through a nationwide network of volunteers.The Society makes annual awards for acts of skill and gallantry at sea.
Analysis by Giving is Great

Positives:

  • The charity has received backing from multiple prominent grant makers recently
  • This charity has a robust balance sheet
  • This charity has received considerable income from legacies in recent years
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • There are 16 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £26,127,509 available, equivalent to 150 months of spending and so may not be able to utilise additional funding
  • Fundraising costs are extremely high relative to funds raised
Established: 60 years

www.shipwreckedmariners.org.uk

general@shipwreckedmariners.org.uk

01243789329

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?

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£1,544£2,089£-546£145£29,427£26,128150.15150
31/03/22£1,723£1,997£-274£147£31,732£28,199169.55150
31/03/21£1,603£2,101£-498£145£31,226£27,767158.65170
31/03/20£1,601£1,973£-371£95£26,560£23,652143.95172
31/03/19£2,215£2,024£191£88£27,970£24,867147.47176
31/03/18£1,577£2,021£-444£90£26,842£23,765141.170
31/03/17£1,523£2,050£-528£92£27,221£24,066140.970
31/03/16£1,622£2,051£-429£95£24,947£22,034128.970
31/03/15£1,463£2,071£-608£233£26,079£22,908132.770
31/03/14£1,876£2,007£-130£181£25,130£22,012131.670
31/03/13£1,810£2,050£-240£181£25,051£21,832127.870
31/03/12£1,633£2,058£-425£185£23,573£20,454119.370
31/03/11£1,391£2,053£-662£167£24,244£20,765121.470
31/03/10£1,777£2,111£-333£185£23,476£20,023113.870
31/03/09£1,724£2,205£-481£191£18,555£15,72485.670
31/03/08£2,349£2,210£139£166£26,777£22,733123.470
31/03/07£1,601£2,074£-473£172£27,127£25,366146.870
31/03/06£3,928£1,783£2,145£0£0£0n/a00
31/03/05£1,647£1,714£-66£0£0£0n/a00
31/03/04£1,808£1,766£42£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 31.6%
Fundraising Costs/Total Spending: 12.8%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 0%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 89%
Reserves/Spending: 150.1 months
Net Current Assets/Spending: 3 months
Quick Ratio: 14.1
Asset Split ?
Listed activities
  • The Prevention Or Relief Of Poverty
How it operates
  • Makes Grants to Individuals
  • Provides advocacy/advice/information
Where it operates
  • Ireland, Malta, Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Elderly/Old People
  • Other Defined Groups
  • People With Disabilities
Who works here?
  • 5 employees
  • 150 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
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£50,000 28/03/2023
Grant funding contribution towards long term bi-annual grant payments to regular beneficiarires who are retired mariners (or those unable to work) and living on a low income.
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£15,000 28/03/2023
Grant funding of a top up fund to support emergency grants to merchant seafarers and their dependents in real poverty but who do not fit within the charity's eligibility criteria of 10 years service ....more
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£75,000 03/03/2022
Grant funding towards the long term provision of regular grants to retired seafarers in financial need (and those unable to work) which delivers a modest but proportionately significant uplift in ....more
Foundation Scotland - Grant to Shipwrecked Fishermen and Mariners' Royal Benevolent Society
£500 19/06/2021
For Seafarers Support Week 2021. From The Viewforth Trust
Seafarers UK - Grant to Shipwrecked Fishermen and Mariners' Royal Benevolent Society
£15,000 11/03/2021
Grant funnding for the provision of a top up fund to support emergency grants to those Merchant Navy seafarers and their dependents in real poverty but who do not fit within the organisations' set ....more
Seafarers UK - Grant to Shipwrecked Mariners' Society
£75,000 20/10/2020
Grant funding towards the regular grants made to Merchant Navy or fishing fleet beneficiaries, or their dependants, with a minimum of 10 years' sea service and who are in financial need as a result ....more
Seafarers UK - Grant to Shipwrecked Mariners' Society
£75,000 20/10/2020
Grant funding towards the regular grants made to Merchant Navy or fishing fleet beneficiaries, or their dependants, with a minimum of 10 years' sea service and who are in financial need as a result ....more
Foundation Scotland - Grant to Shipwrecked Fishermen and Mariners' Royal Benevolent Society
£500 20/04/2020
Donation from The Viewforth Trust
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£10,000 20/02/2020
Grant funding to support emergency grants to those seafarers and their dependents in real poverty but who do not fit within the organisations' set criteria (eg 10 years' sea service).
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£75,000 19/11/2019
Grant funding towards the regular grants made to Merchant Navy or fishing fleet beneficiaries, or their dependants, with a minimum of 10 years' sea service and who are in financial need as a result ....more
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£75,000 19/11/2019
Grant funding towards the regular grants made to Merchant Navy or fishing fleet beneficiaries, or their dependants, with a minimum of 10 years' sea service and who are in financial need as a result ....more
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£110,000 13/11/2018
Grant funding to support a regular grants programme for beneficiaries who are in real financial hardship
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£20,000 13/11/2018
Grant funding to support emergency grants to seafarers and their dependents in real poverty.
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£110,000 13/11/2018
Grant funding to support a regular grants programme for beneficiaries who are in real financial hardship
Seafarers UK - Grant to Shipwrecked Fishermen and Mariner's Royal Benevolent Society
£20,000 13/11/2018
Grant funding to support emergency grants to seafarers and their dependents in real poverty.
Seafarers UK - Grant to Shipwrecked Fishermen and Mariners'Royal Benevolent Society
£110,000 08/12/2017
Grant funding to support regular hardship grants for seafarers.
Seafarers UK - Grant to Shipwrecked Fishermen and Mariners'Royal Benevolent Society
£110,000 08/12/2017
Grant funding to support regular hardship grants for seafarers.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Legal constitution
  • Charity registered in England & Wales on 20/02/1964, number: 212034
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment 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
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; all on time
Main office

1 NORTH PALLANT
CHICHESTER
WEST SUSSEX
PO19 1TL

Objectives

TO PROMOTE THE WELFARE OF SEAMEN GENERALLY, THEIR WIVES, WIDOWS AND CHILDREN AND OTHERS DEPENDANT ON THEM.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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