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home >> charity search >> seafarers uk (king george's fund for sailors)
Finance Score: -11
Governance Score: 5
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Large legacies income: +1
  • Multiple Deficits and declines: -5
  • Fundraising costs high: -5
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +3
Overall GiG Score: -3 ?

SEAFARERS UK (KING GEORGE'S FUND FOR SAILORS) 

This is a grant making charity, you can view its grants here
Seafarers UK is a charity that helps people in the maritime community, by providing vital funding to support seafarers in need and their families and to those in education or training who are preparing to work or serve at Sea. We do this by giving money to organisations and projects that make a real difference to people's lives.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several 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 and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity only provides its support via other charities
  • There are 14 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £29,729,000 available, equivalent to 70 months of spending and so may not be able to utilise additional funding
  • Income has been volatile and on several occasions in recent years less than spending
  • Fundraising costs are extremely high relative to funds raised
Established: 54 years

www.theseafarerscharity.org

contact@theseafarerscharity.org

02079320000

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
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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£2,293£5,070£-2,777£1,102£38,436£29,72970.4231
31/12/21£2,939£5,388£-2,449£906£44,336£34,43476.7231
31/12/20£1,554£5,513£-3,959£484£41,540£32,74071.3181
31/12/19£2,362£4,242£-1,880£778£41,721£33,34894.3207
31/12/18£3,166£4,675£-1,509£58£39,964£32,24482.82050
31/12/17£4,139£5,639£-1,500£828£40,845£32,72769.6200
31/12/16£2,833£4,576£-1,743£832£40,047£32,15084.3180
31/12/15*£2,735£5,605£-2,870£905£37,738£30,27864.8190
31/12/14£2,719£4,525£-1,806£1,042£39,792£32,41186190
31/12/13£2,862£4,541£-1,679£1,119£40,455£32,99087.2200
31/12/12£3,360£4,424£-1,064£1,089£39,318£32,26187.5180
31/12/11£3,074£4,438£-1,364£1,031£39,651£32,57888.1200
31/12/10£3,026£4,126£-1,101£994£41,299£34,26299.6200
31/12/09£3,358£4,125£-767£1,109£38,766£32,19293.6200
31/12/08£4,714£4,128£586£1,095£34,423£28,54883190
31/12/07£4,892£5,121£-229£1,043£42,281£35,17982.4180
31/12/06£3,640£4,175£-536£0£0£0n/a00
31/12/05£4,313£4,057£256£0£0£0n/a00
31/12/04£2,993£3,168£-175£0£0£0n/a00
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 82.1%
Fundraising Costs/Total Spending: 28.9%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 2%
Liabilities/Income: 30%
Unrestricted Funds/Total Funds: 77%
Reserves/Spending: 70.4 months
Net Current Assets/Spending: 1 months
Quick Ratio: 1.2
Asset Split ?
What it does
  • Accommodation/Housing
  • Amateur Sport
  • Armed Forces/Emergency Service Efficiency
  • Disability
  • Education/Training
  • General Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
Who works here?
  • 23 employees
  • 1 volunteer
Who it helps
  • Other Charities Or Voluntary Bodies
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Organisations
  • Provides advocacy/advice/information
  • Provides human resources
  • Provides other finance
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Anguilla, Antigua And Barbuda, Australia, Bangladesh, Barbados, Belize, Bermuda, Botswana, British Indian Ocean Territory, British Virgin Islands, Brunei, Cameroon, Canada, Cayman Islands, Cyprus, Dominica, Eswatini, Falkland Islands, Fiji, Ghana, Gibraltar, Grenada, Guernsey, Guyana, India, Isle Of Man, Jamaica, Jersey, Kenya, Kiribati, Lesotho, Malawi, Malaysia, Maldives, Malta, Mauritius, Montserrat, Mozambique, Namibia, Nauru, New Zealand, ....more

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 Seafarers UK
£2,600 19/11/2019
Grant funding support for My School is an Island, an established curriculum-linked STEM project aimed at inspiring Key Stage 3 secondary students (Years 8/9) towards STEM related careers by linking ....more
Seafarers UK - Grant to Seafarers UK
£2,600 19/11/2019
Grant funding support for My School is an Island, an established curriculum-linked STEM project aimed at inspiring Key Stage 3 secondary students (Years 8/9) towards STEM related careers by linking ....more
Department for Environment, Food and Rural Affairs - Grant Contribution to Financial inclusion of fishermen research project
£9,700 01/06/2019
The financial insecurity of fishermen arises from a multitude of factors. This research will explore these factors in more depth in order to develop possible solutions. A financial contribution from ....more
Seafarers UK - Grant to Seafarers UK (Maritime Charities Group)
£10,000 14/03/2019
Grant funding for 2019 core costs.
Seafarers UK - Grant to Seafarers UK (Maritime Charities Group)
£10,000 14/03/2019
Grant funding for 2019 core costs.
Garfield Weston Foundation - Main Grants award
£15,000 26/09/2018
The Marine Engineering Pathway, North West England Learning Unit
Ministry of Defence - Supporting delivery of a public service
£44,170 01/04/2018
The Grant will fund projects that support non-core health, wellbeing and social care needs for older veterans (born before 1 January 1950) including surviving World War 2 veterans, those who ....more
Ministry of Defence - Supporting delivery of a public service
£108,651 01/04/2018
The Grant will fund projects that support non-core health, wellbeing and social care needs for older veterans (born before 1 January 1950) including surviving World War 2 veterans, those who ....more
Seafarers UK - Grant to Seafarers UK (Maritime Charities Group subscriptions)
£10,000 21/11/2017
Grant to cover core costs for Maritime Charities Group (MCG).
Seafarers UK - Grant to Seafarers UK (Maritime Charities Group subscriptions)
£10,000 21/11/2017
Grant to cover core costs for Maritime Charities Group (MCG).
Ministry of Defence - Local Grants 2017/18
£19,556 01/04/2017
Community Integration and Local Service Delivery
Ministry of Defence - Supporting delivery of a public service
£21,078 01/04/2017
The Grant will fund projects that support non-core health, wellbeing and social care needs for older veterans (born before 1 January 1950) including surviving World War 2 veterans, those who ....more
Ministry of Defence - Covenant Fund
£50,000 01/04/2017
Cost of Covenant Fund Trust
Ministry of Defence - Financial Assistance/Support
£112,000 01/04/2017
Banking fines - Treasury to direct to various Armed Forces causes.
Ministry of Defence - Supporting delivery of a public service
£156,221 01/04/2017
The Grant will fund projects that support non-core health, wellbeing and social care needs for older veterans (born before 1 January 1950) including surviving World War 2 veterans, those who ....more
Ministry of Defence - Supporting delivery of a public service
£163,492 01/04/2017
The Grant will fund projects that support non-core health, wellbeing and social care needs for older veterans (born before 1 January 1950) including surviving World War 2 veterans, those who ....more
Ministry of Defence - Supporting delivery of a public service
£265,731 01/04/2017
The Grant will fund projects that support non-core health, wellbeing and social care needs for older veterans (born before 1 January 1950) including surviving World War 2 veterans, those who ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (14)
Current Trustees appointed
Gender Split
Based on 13/14 persons

Legal constitution
  • Charity registered in England & Wales on 10/09/1970, number: 226446
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR15: 12 days late,
Recent reorganisation events:
  • Asset transfer in from THE PLYMOUTH MERCHANT NAVY MONUMENT on 16/10/2020
  • Asset transfer in from THE CORDON CHARITY on 30/09/2021
Main office

The Seafarers' Charity
7-8 Hatherley Street
LONDON
SW1P 2QT

Objectives

1)THE RELIEF OF SEAFARERS, THEIR FAMILIES OR DEPENDANTS, WHO ARE IN NEED, BY PROVIDING SUPPORT TO ORGANISATIONS ESTABLISHED WITHIN OR (IN EXCEPTIONAL CIRCUMSTANCES) OUTSIDE THE COMMONWEALTH; (2) THE EDUCATION AND TRAINING OF PEOPLE OF ANY AGE TO PREPARE FOR WORK OR SERVICE AT SEA, BY PROVIDING SUPPORT TO ORGANISATIONS ESTABLISHED WITHIN OR (IN EXCEPTIONAL CIRCUMSTANCES) OUTSIDE THE COMMONWEALTH; (3) THE PROMOTION OF THE EFFICIENCY AND EFFECTIVENESS OF THE MARITIME CHARITABLE SECTOR WITHIN THE COMMONWEALTH; (4) THE PROMOTION OF SAFETY AT SEA BY PROVIDING SUPPORT TO ORGANISATIONS ESTABLISHED WITHIN THE COMMONWEALTH.

Defined Area of Benefit:

NATIONAL AND COMMONWEALTH

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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