Royal Marines Association - The Royal Marines Charity

Charity number: 1134205
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Royal Marines Charity is a charity for Serving and retired Royal Marines and their dependants. Its mission is three fold: Recovery Pathway - helping the wounded and seriously injured; Decompression and quality of life Pathway - helping those still serving; Through life Pathway - support after leaving the service.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£7,724,037

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Donations and legacies £4.64m
Charitable activities £947.28k
Other trading activities £1.91m
Investments £232.38k
Other £0

Total expenditure:
£6,031,952

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Raising funds £2.38m
Charitable activities £3.65m
Other £0

-£503,073 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.

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Raising funds and other expenditure £2.38m
Charitable expenditure £3.65m
Retained for future use £1.69m

People

30 Employee(s)

16 Trustee(s)

500 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 4
£90k to £100k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

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

What, who, how, where

What the charity does:
  • Disability
  • Armed Forces/emergency Service Efficiency
  • Recreation
  • Other Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 26 March 2010: Standard registration
Organisation type:
Charitable company
Other names:
  • RMA - The Royal Marines Charity (Working name)
  • RMA-The Royal Marines Charity (Previous name)
  • ROYAL MARINES CHARITABLE TRUST FUND (Previous name)
  • THE ROYAL MARINES CHARITY (Previous name)
Company number:
07142012 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
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

16 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
LYNN ROSANNE FORDHAM Chair 01 April 2020
None on record
Rory Copinger-Symes Trustee 13 February 2025
None on record
James Alexander Dennis Trustee 01 November 2024
None on record
Carl Dixon Trustee 15 October 2024
None on record
Timothy Daniel Jukes Trustee 25 July 2024
GLOBE AND LAUREL MAGAZINE
Received: On time
Mark Edward Fitzgerald Trustee 10 May 2023
None on record
Thomas Michael Tripp Trustee 19 October 2022
None on record
Nicholas Mark Banks Trustee 19 October 2022
None on record
Emma Claire Gray Trustee 19 October 2022
None on record
Richard James Swarbrick Trustee 09 June 2022
None on record
Ryan Nast Trustee 09 June 2022
None on record
Ian David Cohen Trustee 09 June 2022
None on record
Andrew Mark Edward ROBINSON Trustee 24 June 2020
THE ROYAL NAVY AND ROYAL MARINES CHARITY
Received: On time
SIMON BEET Trustee 15 January 2020
None on record
Paul Deacon Trustee 05 December 2019
None on record
Sara Reed Trustee 15 November 2018
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £7.91m £3.58m £4.61m £5.38m £7.72m
Total expenditure £5.81m £6.42m £4.33m £5.63m £6.03m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £48.27k N/A N/A N/A
Income - Donations and legacies £3.98m £2.40m £3.53m £3.90m £4.64m
Income - Other trading activities £490.75k £441.20k £532.10k £613.49k £1.91m
Income - Charitable activities £391.50k £357.05k £341.83k £650.70k £947.28k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £439.22k £308.68k £211.24k £188.11k £232.38k
Income - Other £2.61m £72.03k £2.73k £28.37k £0
Income - Legacies £548.07k £259.14k £333.93k £314.63k £2.25m
Expenditure - Charitable activities £3.62m £4.84m £2.42m £3.42m £3.65m
Expenditure - Raising funds £2.19m £1.58m £1.91m £2.21m £2.38m
Expenditure - Governance £187.33k £213.62k £59.04k £58.42k £96.55k
Expenditure - Grants institution £1.52m £3.15m £395.00k £790.06k £688.48k
Expenditure - Investment management £102.51k £79.44k £98.28k £93.69k £75.94k
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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £2.41m £665.06k £764.27k £883.57k £2.21m
Long-term investments £13.08m £11.09m £12.18m £10.13m £9.74m
Other assets £2.29m £2.50m £2.50m £2.70m £4.33m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £905.82k £879.74k £619.06k £601.50k £979.29k

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 December 2023 24 October 2024 On Time
Accounts and TAR 31 December 2023 24 October 2024 On Time Download Open in new window
Annual return 31 December 2022 30 October 2023 On Time
Accounts and TAR 31 December 2022 30 October 2023 On Time Download Open in new window
Annual return 31 December 2021 17 September 2022 On Time
Accounts and TAR 31 December 2021 17 September 2022 On Time Download Open in new window
Annual return 31 December 2020 05 October 2021 On Time
Accounts and TAR 31 December 2020 05 October 2021 On Time Download Open in new window
Annual return 31 December 2019 16 October 2020 On Time
Accounts and TAR 31 December 2019 16 October 2020 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 01 FEB 2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 01 APR 2011 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 21 DEC 2016 as amended on 01 Apr 2019 as amended on 04 Apr 2019 as amended on 27 Jan 2022

Charitable objects

3.1.1 TO MAINTAIN AND INCREASE THE EFFICIENCY OF THE ROYAL MARINES, AND TO PROMOTE AND PRESERVE THE ESPRIT DE CORPS, HERITAGE, ETHOS AND TRADITIONS OF THE CORPS; 3.1.2 TO ASSIST OR BENEFIT PERSONS SERVING IN OR WHO HAVE SERVED IN THE ROYAL MARINES OR OF SUCH DEPENDANTS, SPOUSES, CIVIL PARTNERS, WIDOWS, WIDOWERS, CHILDREN (INCLUDING ADOPTED CHILDREN) OR IMMEDIATE CLOSE FAMILY OF SUCH PERSONS AS MAY FOR THE TIME BEING BE IN NEED OF CHARITABLE ASSISTANCE OR BENEFIT; 3.1.3 TO COMMEMORATE AND REMEMBER THOSE MEMBERS OF THE ROYAL MARINES WHO HAVE LOST THEIR LIVES OR SUFFERED INJURY, OR PUT THEMSELVES AT RISK OF LOSS OF LIFE OR INJURY, IN SERVICE OF THE CROWN AND TO ENCOURAGE PUBLIC RECOGNITION OF THEIR SERVICE AND SACRIFICE; 3.1.4 TO SUPPORT THE ROYAL MARINES, THE ROYAL MARINES CADET SECTION OF THE SEA CADET CORPS, THE ROYAL MARINES CADET SECTION OF THE COMBINED CADET FORCE, THE ROYAL MARINES VOLUNTEER CADET CORPS BY ANY OTHER CHARITABLE MEANS AS THE TRUSTEES SHALL FROM TIME TO TIME PERMIT.

Area of benefit

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

NOT DEFINED

Linked charities

Linked charities
Linked charity 1134205-1 ROYAL MARINES BENEVOLENT FUND
Governing document
CHARITY COMMISSION SCHEME DATED 26 MARCH 2010
Charitable objects
THE OBJECT OF THE CHARITY IS THE RELIEF OF SERVING, AND FORMER SERVING PERSONNEL, OF THE ROYAL MARINES AND THEIR DEPENDANTS WHO ARE IN NEED BY VIRTUE OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE.
Area of benefit
NOT DEFINED
Registration history
  • 26 March 2010 : Standard registration

Contact information

Address:
The CHAMP Building
CTCRM
EXMOUTH ROAD
LYMPSTONE
EXMOUTH
EX8 5AR
Phone:
02393981959
Email:
enquiries@rma-trmc.org
Website:

www.rma-trmc.org Open in new window