Finance Score: -1

Governance Score: 0

Support Score: 0

Spending falling: -1
No PartB

(no info on trustees)

No supporters identified

Overall GiG Score: -1

MARS TRAINING SHIP FUND SCHEME 1961

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years

Financial issues to consider:

Spending has fallen significantly over the last 5 years relative to the previous period

Financial Data

Income & Spending ?

Period ending	31/03/18	31/03/19	31/03/20	31/03/21	31/03/22	31/03/23
Total income	£23,564	£42,684	£36,491	£29,569	£30,985	£36,427
Total spending	£32,558	£24,243	£20,719	£20,113	£16,456	£16,537
Surplus/deficit	-£8,994	£18,441	£15,772	£9,456	£14,529	£19,890

Established: 63 years

Listed activities

It makes grants, donations, loans, gifts or pensions to individuals

GiG Classification

Education support services

Purposes

Any other purpose that may reasonably be regarded as analogous to any of the preceding purposes

Where it operates

Scotland and other parts of the UK, main operating location: Dundee City

Who it helps

Other defined groups

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees

Sorry we have no information about the Trustees.

Legal constitution

Charity registered in Scotland on 09/01/1962, number: SC002256

Filing Record

5 returns made; all on time

Main office

, DD1 4QB

Objectives

Mars Training Ship Fund Scheme, 1961 - Under section 23: The governing body shall maintain in a good and sufficient state of repair ,the War Memorial erected at Woodhaven Pier, Wormit, by the subscriptions of the boys on board the' Mars '. Section 24 states: It shall be in the power of the governing body to award bursaries to lads of promise to enable them to attend residential courses in preparation for a seafaring career in any of its branches. Section 25 states: It shall be in the power of the governing body to make grants to - 1) young lads who require financial aid to enable them to attend or undertake suitable courses of instruction in one or more of the subjects of navigation, marine engineering, radio telegraphy, radar and ship's catering or otherwise to prepare themselves for or to follow a career in any branch of the Merchant Navy. (2) men of mature years who desire to follow a seafaring career and who require financial aid to enable them to attend or undertake suitable courses of instruction in one or more of the subjects of navigation, marine engineering, radio telegraphy, radar and ship's catering or otherwise to prepare themselves to take up seafaring in any of its branches. (3) junior officers in the Merchant Navy who require financial aid to enable them to advance themselves to higher rank by way of examinations, and (4) deck-hands who require financial aid to enable them to qualify as officers in the Merchant Navy. Under section 26: It shall be in the power of the governing body to make outfit and equipment grants to- (1) young lads of promise who require financial aid to follow a course at an approved sea training school, and (2) young lads of suitable qualifications who require financial aid to enable them to become officers in the Merchant Navy. The said grants shall be expended at sight of the governing body in the acquisition of seagoing kit and such equipment as the governing body may approve.