ROYAL INSTITUTION OF NAVAL ARCHITECTS

Charity number: 211161
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity is a professional body and its aims are the improvement of ships and all that specially appertains to them and the arrangement of periodical meetings for the purpose of discussing practical and scientific subjects bearing upon the design and construction of ships and their means of propulsion and all that relates thereto.

Income and expenditure

Data for financial year ending 30 September 2024

Total income:
£2,084,914

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Donations and legacies £0
Charitable activities £1.94m
Other trading activities £0
Investments £143.92k
Other £0

Total expenditure:
£2,895,378

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Raising funds £0
Charitable activities £2.90m
Other £0

£356,249 investments gains (losses)

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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £2.90m

People

24 Employee(s)

13 Trustee(s)

400 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£70k to £80k 2
£90k to £100k 1
£140k to £150k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • City Of Westminster
  • Australia
  • Indonesia
  • Italy
  • New Zealand
  • South Korea
  • United Arab Emirates

Governance

Registration history:
  • 23 January 1964: Standard registration
Organisation type:
Other
Other names:
  • R I N A (Working name)
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
  • Serious incident reporting policy and procedures
  • Social media 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
Professor Catriona Louise Savage Chair 26 July 2017
None on record
Sarah Watts Trustee 22 July 2024
None on record
Nicola Eyles Trustee 22 July 2024
None on record
Emeritus Professor Philip Wilson Trustee 22 July 2024
None on record
Adam Pearce Trustee 22 July 2024
None on record
Nick Chrissos Trustee 22 December 2023
None on record
Keith William Hutchinson Trustee 19 October 2022
None on record
Bruce Rosenblatt Trustee 19 October 2022
None on record
Thomas David Durham Strang Trustee 01 July 2020
None on record
Edwin Pang Trustee 01 July 2020
None on record
Dr Thomas Allan Trustee 01 July 2020
None on record
Dimitris Monioudis Trustee 01 July 2020
None on record
Robert Michael Cripps Trustee 01 July 2018
POOLE UNIT 272 OF THE SEA CADET CORPS
Received: On time

Financial history

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Financial period end date

Income / Expenditure 30/09/2020 30/09/2021 30/09/2022 30/09/2023 30/09/2024
Total gross income £1.86m £1.72m £1.95m £1.95m £2.08m
Total expenditure £1.93m £2.12m £2.13m £2.65m £2.90m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £7.24k £7 £32 £8.34k £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £1.60m £1.53m £1.73m £1.78m £1.94m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £252.40k £197.66k £213.16k £168.44k £143.92k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.93m £2.12m £2.13m £2.65m £2.90m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £20.49k £39.91k £29.07k £37.74k £79.33k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
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 30/09/2020 30/09/2021 30/09/2022 30/09/2023 30/09/2024
Own use assets £5.41m £5.30m £5.46m £5.49m £3.60m
Long-term investments £3.44m £4.07m £3.50m £3.15m £4.65m
Other assets £597.35k £577.61k £639.77k £311.96k £439.50k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £396.44k £419.01k £426.69k £427.06k £617.13k

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 30 September 2024 19 May 2025 On Time
Accounts and TAR 30 September 2024 19 May 2025 On Time Download Open in new window
Annual return 30 September 2023 08 March 2024 On Time
Accounts and TAR 30 September 2023 08 March 2024 On Time Download Open in new window
Annual return 30 September 2022 13 April 2023 On Time
Accounts and TAR 30 September 2022 13 April 2023 On Time Download Open in new window
Annual return 30 September 2021 25 April 2022 On Time
Accounts and TAR 30 September 2021 25 April 2022 On Time Download Open in new window
Annual return 30 September 2020 31 March 2021 On Time
Accounts and TAR 30 September 2020 31 March 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.

ROYAL CHARTERS OF INCORPORATION 1910 AND 1960 VARIED BY ROYAL CHARTER 1996 REVISED 1997

Charitable objects

THE IMPROVEMENT OF SHIPS AND ALL THAT SPECIALLY APPERTAINS TO THEM, AND THE ARRANGEMENT OF PERIODICAL MEETING FOR THE PURPOSE OF DISCUSSING PRACTICAL AND SCIENTIFIC SUBJECTS BEARING UPON THE DESIGN AND CONSTRUCTIONS OF SHIPS AND THEIR MEANS OF PROPULSION, AND ALL THAT RELATES THERETO.

Area of benefit

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

NATIONAL

Linked charities

Linked charities
Linked charity 211161-4 BENEVOLENT FUND OF THE INSTITUTION OF NAVAL ARCHITECTS
Governing document
TRUST DEED DATED 30 APRIL 1931
Charitable objects
GRANTS TO MEMBERS OR THEIR DEPENDANTS IN NECESSITOUS CIRCUMSTANCES
Area of benefit
NOT DEFINED
Registration history
  • 23 January 1964 : Standard registration

Contact information

Address:
8-9 NORTHUMBERLAND STREET
LONDON
WC2N 5DA
Phone:
02072354622
Email:
hq@rina.org.uk
Website:

www.rina.org.uk Open in new window