Charity overview

Activities - how the charity spends its money

The Royal Maritime Club operates a 3 star public hotel & conference facility with over 100 bedrooms, conference & meeting rooms, restaurant & wedding licensed Ballroom. All surpluses from the club's operations fund its charitable objectives. In addition to serving & retired RN & Merchant seafarers, we welcome members from all the armed forces, their families & members of the local community.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£3,421,293

	Donations and legacies	£682
	Charitable activities	£1.85m
	Other trading activities	£1.53m
	Investments	£2.11k
	Other	£32.87k

Total expenditure:
£3,536,381

	Raising funds	£1.08m
	Charitable activities	£2.45m
	Other	£0

£0 investments gains (losses)

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.

	Raising funds and other expenditure	£1.08m
	Charitable expenditure	£2.45m

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:

Accommodation/housing
Amateur Sport
Other Charitable Purposes

Who the charity helps:

Other Defined Groups

How the charity helps:

Provides Buildings/facilities/open Space
Provides Services
Other Charitable Activities

Where the charity operates:

Hampshire

Governance

Registration history:

04 January 1999: Standard registration
08 May 2025: Removed (Funds transferred (incor))
08 May 2025: Funds transferred to 1205660 PORTSMOUTH ROYAL MARITIME CLUB

Organisation type:

Other

Other names:

THE PORTSMOUTH ROYAL SAILORS HOME CLUB (Previous name)

Gift aid:

Recognised by HMRC for gift aid

Other regulators:

No information available

Policies:

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
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
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

Financial history

Financial period end date

Income / Expenditure	31/12/2019	31/12/2020	31/12/2021	31/12/2022	31/03/2024
Total gross income	£2.56m	£1.30m	£1.90m	£2.74m	£3.42m
Total expenditure	£2.41m	£1.88m	£1.96m	£2.78m	£3.54m
Income from government contracts	N/A	N/A	N/A	N/A	N/A
Income from government grants	N/A	N/A	N/A	£6.00k	N/A
Income - Donations and legacies	£846	£1.27k	£900	£4.00k	£682
Income - Other trading activities	£1.07m	£0	£0	£1.27m	£1.53m
Income - Charitable activities	£1.49m	£674.79k	£934.80k	£1.45m	£1.85m
Income - Endowments	£0	£0	£900	£0	£0
Income - Investment	£83	£76	£0	£0	£2.11k
Income - Other	£3.08k	£620.18k	£962.96k	£11.35k	£32.87k
Income - Legacies	£0	£1.27k	£0	£0	£0
Expenditure - Charitable activities	£1.52m	£1.31m	£1.33m	£1.86m	£2.45m
Expenditure - Raising funds	£892.34k	£565.82k	£620.66k	£911.13k	£1.08m
Expenditure - Governance	£0	£0	£0	£9.47k	£0
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.

Asset / Liability	31/12/2019	31/12/2020	31/12/2021	31/12/2022	31/03/2024
Own use assets	£4.09m	£4.68m	£4.55m	£4.39m	£4.29m
Long-term investments	£82.26k	£84.04k	£94.37k	£79.03k	£2
Other assets	£504.16k	£130.89k	£210.64k	£106.21k	£74.02k
Defined benefit pension scheme asset or liability	£0	£0	£0	£0	£0
Total liabilities	£1.05m	£1.85m	£1.85m	£1.63m	£1.53m

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
Annual return	31 March 2024	29 January 2025	On time
Accounts and TAR	31 March 2024	29 January 2025	On time
Annual return	31 December 2022	04 October 2023	On time
Accounts and TAR	31 December 2022	04 October 2023	On time
Annual return	31 December 2021	09 June 2022	On time
Accounts and TAR	31 December 2021	09 June 2022	On time
Annual return	31 December 2020	21 September 2021	On time
Accounts and TAR	31 December 2020 (These accounts have been qualified)	21 September 2021	On time
Annual return	31 December 2019	03 September 2020	On time
Accounts and TAR	31 December 2019	03 September 2020	On time

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.

SCHEME DATED 21 OCTOBER 1998 AS AMENDED BY RESOLUTION 30 NOVEMBER 2006.

Charitable objects

1) THE OBJECTS OF THE CHARITY ARE: A) IN THE INTERESTS OF SOCIAL WELFARE, TO IMPROVE THE CONDITIONS OF LIFE OF SEAFARERS BY PROVIDING A CLUB FOR ACCOMMODATION, RECREATION AND OTHER LEISURE-TIME OCCUPATION; AND B) THE RELIEF OF SEAFARERS AND FORMER SEAFARERS WHO ARE IN NEED, HARDSHIP OR DISTRESS. 2) THE TRUSTEES MAY PROVIDE THE CLUB FACILITIES AT A REDUCED CHARGE, OR FREE OF CHARGE, TO SEAFARERS WHO ARE IN NEED, HARDSHIP OR DISTRESS. 3) THE TRUSTEES MAY PROVIDE RELIGIOUS, USEFUL AND PROFESSIONAL INSTRUCTION TO SEAFARERS. 4) THE LAND IDENTIFIED IN THE SCHEDULE TO THIS SCHEME MUST BE RETAINED BY THE TRUSTEES FOR USE FOR THE OBJECTS OF THE CHARITY.

Area of benefit

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

PORTSMOUTH. HAMPSHIRE

PORTSMOUTH ROYAL MARITIME CLUB