CHINA FLEET TRUST

Charity number: 1135918
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The provision of recreation and leisure activities to the specified class of beneficiaries; all serving Officers and Ratings of the Royal Navy; all RN/RM Reserve Forces; all Royal Fleet Auxiliary personnel and their immediate families. The Directors shall also select additional beneficiary classes from time to time providing they shall give priority first to serving the needs of those specified.

Income and expenditure

Data for financial year ending 31 May 2024

Total income:
£6,750,470

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Donations and legacies £4.41k
Charitable activities £1.27m
Other trading activities £5.43m
Investments £38.34k
Other £0

Total expenditure:
£6,774,261

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Raising funds £4.90m
Charitable activities £1.88m
Other £0

£71,238 investments gains (losses)

Total income includes £4,406 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £4.90m
Charitable expenditure £1.88m

People

233 Employee(s)

13 Trustee(s)

25 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Armed Forces/emergency Service Efficiency
Who the charity helps:
  • Other Defined Groups
How the charity helps:
  • Provides Services
Where the charity operates:
  • Cornwall

Governance

Registration history:
  • 12 May 2010: Standard registration
  • 26 August 2011: Funds received from 297546 THE CHINA FLEET CLUB U K CHARITABLE TRUST
Organisation type:
Charitable company
Other names:

No other names

Company number:
07100967 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity 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
  • Paying staff
  • 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
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

13 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Daryl James Powell Trustee 24 February 2025
None on record
Susan Mary Ford Trustee 24 February 2025
None on record
Mark Christian Alder Trustee 24 February 2025
None on record
Robert James Waghorn Trustee 25 November 2024
SAMARITANS OF PLYMOUTH, EAST CORNWALL AND SOUTH WEST DEVON
Received: On time
Rebecca Coonan Trustee 25 November 2024
None on record
Nicola Sarah Jonas Trustee 27 November 2023
None on record
Andrew John Collacott Trustee 27 November 2023
None on record
Roma Jane Roe Trustee 27 November 2023
CENTRAL FUND HMS RALEIGH
Received: On time
THE MAPLE FUND
Received: On time
John Stuart Weale Trustee 02 December 2022
None on record
Hilary Anne Frank Trustee 02 September 2022
CORNWALL INTERNATIONAL MALE CHORAL FESTIVAL LTD
Received: On time
SALTASH CHILDRENS APPEAL
Received: On time
CORNWALL COMMUNITY DEVELOPMENT LIMITED
Received: On time
St Barnabas Charity for Community Healthcare
Received: On time
STEPHEN COX Trustee 31 July 2020
None on record
ALASTAIR KEITH CAMP MBA FCIB Trustee 07 January 2017
None on record
IAN ROBERT DOUGLAS Trustee 07 January 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/05/2020 31/05/2021 31/05/2022 31/05/2023 31/05/2024
Total gross income £4.30m £3.31m £6.21m £6.35m £6.75m
Total expenditure £4.46m £3.98m £5.53m £6.49m £6.77m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £39.95k £4.69k £4.65k £4.41k
Income - Donations and legacies £0 £50.13k £314.92k £14.65k £4.41k
Income - Other trading activities £3.38m £2.00m £5.11m £5.20m £5.43m
Income - Charitable activities £896.58k £1.21m £739.71k £1.10m £1.27m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £32.50k £50.27k £45.37k £33.91k £38.34k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £314.92k £0 £0
Expenditure - Charitable activities £1.29m £819.88k £1.16m £1.61m £1.88m
Expenditure - Raising funds £3.16m £3.16m £4.37m £4.88m £4.90m
Expenditure - Governance £34.14k £5.77k £5.77k £13.95k £4.04k
Expenditure - Grants institution £0 £0 £7.03k £0 £0
Expenditure - Investment management £152 £116 £16 £61 £67
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/05/2020 31/05/2021 31/05/2022 31/05/2023 31/05/2024
Own use assets £9.06m £8.96m £8.85m £8.94m £8.87m
Long-term investments £1.08m £827.59k £953.32k £942.80k £944.73k
Other assets £873.31k £853.80k £1.46m £1.18m £994.51k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.86m £2.05m £2.03m £2.02m £1.98m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 May 2024 28 February 2025 On Time
Accounts and TAR 31 May 2024 28 February 2025 On Time Download Open in new window
Annual return 31 May 2023 25 January 2024 On Time
Accounts and TAR 31 May 2023 25 January 2024 On Time Download Open in new window
Annual return 31 May 2022 19 January 2023 On Time
Accounts and TAR 31 May 2022 19 January 2023 On Time Download Open in new window
Annual return 31 May 2021 13 January 2022 On Time
Accounts and TAR 31 May 2021 13 January 2022 On Time Download Open in new window
Annual return 31 May 2020 20 February 2021 On Time
Accounts and TAR 31 May 2020 20 February 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 10/12/2009 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 04/07/2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 12/02/2015 AS AMENDED ON 20 JUN 2019 AS REGISTERED AT COMPANIES HOUSE ON 06 FEB 2020

Charitable objects

FOR THE PUBLIC BENEFIT THE PROMOTION OF THE EFFICIENCY AND WELFARE OF THE ARMED FORCES BY MEANS OF THE PROVISION (WHETHER IN ENGLAND OR ELSEWHERE) TO THE SPECIFIED CLASS OF RECREATIONAL AND OTHER LEISURE TIME FACILITIES. THE SPECIFIED PERSONNEL' SHALL MEAN ALL NON-COMMISSIONED OFFICERS AND RATINGS OF THE ROYAL NAVY, COMMISSIONED OFFICERS OF THE ROYAL NAVY AND ROYAL FLEET AUXILIARY PERSONNEL WHO ARE FROM TIME TO TIME IN THE SERVICE OF THE CROWN AND SUCH OTHER CLASSES OF BENEFICIARY AS THE DIRECTORS MAY SELECT FROM TIME TO TIME FROM THE FOLLOWING; A) FORMER NON-COMMISSIONED OFFICERS AND RATINGS OF THE ROYAL NAVY OR THE WOMEN'S ROYAL NAVAL SERVICE B) OTHER SERVING ROYAL NAVY PERSONNEL C) FORMER ROYAL NAVY AND WOMEN'S ROYAL NAVAL SERVICE PERSONNEL NOT LISTED IN PARAGRAPH A) ABOVE D) ARMY AND ROYAL AIR FORCE PERSONNEL ATTACHED TO OR EMBEDDED WITHIN ROYAL NAVY UNITS; PROVIDED THAT WHEN DECIDING WHETHER TO SELECT ADDITIONAL CLASSES OF BENEFICIARY AND, IF SO, WHICH ADDITIONAL CLASSES TO SELECT, THE DIRECTORS SHALL GIVE PRIORITY FIRST TO SERVING THE NEEDS OF NON-COMMISSIONED OFFICERS AND RATINGS OF THE ROYAL NAVY, COMMISSIONED OFFICERS OF THE ROYAL NAVY AND ROYAL FLEET AUXILIARY PERSONNEL AND SECONDLY TO THOSE BENEFICIARIES FALLING WITHIN PARAGRAPHS A), B) AND C) ABOVE. FOR THE PURPOSES OF THIS DEFINITION, "ROYAL NAVY" SHALL INCLUDE THE ROYAL MARINES, THE ROYAL NAVY RESERVES AND THE ROYAL MARINES RESERVES'

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
China Fleet Golf & Country Club Ltd
North Pill
SALTASH
Cornwall
PL12 6LJ
Phone:
01752854630
Email:
trust@china-fleet.co.uk
Website:

www.china-fleet.co.uk Open in new window