GOLDEN HINDE TRUST

Charity number: 1134625
Removed charity

Charity overview

Activities - how the charity spends its money

GHT engages the public in learning, understanding and enjoying the history of Sir Francis Drake and the Golden Hinde, and preserves Golden Hinde II and the story of its voyages for the enjoyment of future generations, providing access to Tudor history and allowing people to explore the maritime history surrounding Sir Francis Drake, his voyages in Golden Hinde and the creation of Golden Hinde II.

Income and expenditure

Data for financial year ending 31 July 2015

Total income:
£567,818

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Donations and legacies £571
Charitable activities £425.79k
Other trading activities £141.46k
Investments £3
Other £0

Total expenditure:
£568,677

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Raising funds £0
Charitable activities £421.51k
Other £0

£0 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 £147.17k
Charitable expenditure £421.51k

Fundraising

This charity does not raise funds from the public

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:
  • General Charitable Purposes
  • Education/training
  • Disability
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Recreation
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Southwark

Governance

Registration history:
  • 03 March 2010: Standard registration
  • 28 February 2022: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
No policies declared
Land and property:
This charity does not own and/or lease land or property

Financial history

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Financial period end date

Income / Expenditure 31/07/2011 31/07/2012 31/07/2015
Total gross income £351.51k £467.77k £567.82k
Total expenditure £327.00k £469.82k £568.68k
Income from government contracts N/A N/A £0
Income from government grants N/A N/A £0
Income - Donations and legacies N/A N/A £571
Income - Other trading activities N/A N/A £141.46k
Income - Charitable activities N/A N/A £425.79k
Income - Endowments N/A N/A £0
Income - Investment N/A N/A £3
Income - Other N/A N/A £0
Income - Legacies N/A N/A £0
Expenditure - Charitable activities N/A N/A £421.51k
Expenditure - Raising funds N/A N/A N/A
Expenditure - Governance N/A N/A £5.18k
Expenditure - Grants institution N/A N/A £0
Expenditure - Investment management N/A N/A £0
Expenditure - Other N/A N/A £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 31/07/2011 31/07/2012 31/07/2015
Own use assets N/A N/A £12.04k
Long-term investments N/A N/A £0
Other assets N/A N/A £62.85k
Defined benefit pension scheme asset or liability N/A N/A £0
Total liabilities N/A N/A £162.09k

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 July 2021 Not submitted
Accounts and TAR 31 July 2021 Not submitted
Annual return 31 July 2020 Not submitted
Accounts and TAR 31 July 2020 Not submitted
Annual return 31 July 2019 Not submitted
Accounts and TAR 31 July 2019 Not submitted
Annual return 31 July 2018 Not submitted
Accounts and TAR 31 July 2018 Not submitted

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 21/07/2009 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 24/06/2014

Charitable objects

TO RESTORE, PRESERVE AND ASSIST IN THE RESTORATION AND PRESERVATION OF THE GALLEON SHIP "GOLDEN HINDE" AND TO ENSURE THAT IT IS ACCESSIBLE, PROVIDING EDUCATION FOR ALL ABOUT THE LIFE AND TIMES OF SIR FRANCIS DRAKE WHILE MAINTAINING THE GALLEON IN PERPETUITY AS A NATIONAL MONUMENT FOR THE BENEFIT OF ALL. THE FURTHERANCE OF EDUCATION AND THE PROMOTION OF BRITISH HERITAGE WITH SPECIFIC EMPHASIS ON THE EDUCATION OF THE PUBLIC (IN PARTICULAR CHILDREN) AND BRITISH MARITIME HISTORY.

Area of benefit

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

UNDEFINED. IN PRACTICE, LOCAL