AQUACULTURE STEWARDSHIP COUNCIL

Charity number: 1150418
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The charity is set up to conserve the marine and freshwater environments for the benefit of the public and to advance public education in the principles and practice of conservation.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£13,579,801

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Donations and legacies £483.19k
Charitable activities £0
Other trading activities £13.09m
Investments £11.02k
Other £0

Total expenditure:
£13,789,713

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Raising funds £1.82m
Charitable activities £11.97m
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 £1.82m
Charitable expenditure £11.97m

People

101 Employee(s)

8 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 10
£70k to £80k 4
£80k to £90k 5
£90k to £100k 6
£100k to £110k 1
£110k to £120k 1
£120k to £130k 1
£140k to £150k 1
£150k to £200k 2
£250k to £300k 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:
  • Education/training
  • Environment/conservation/heritage
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Throughout England
  • Australia
  • Austria
  • Belgium
  • Brazil
  • Canada
  • Chile
  • China
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Honduras
  • Hong Kong
  • India
  • Indonesia
  • Ireland
  • Italy
  • Japan
  • Netherlands
  • New Zealand
  • Norway
  • Portugal
  • Scotland
  • South Korea
  • Switzerland
  • United States
  • Vietnam

Governance

Registration history:
  • 09 January 2013: Standard registration
Organisation type:
Charitable company
Other names:
  • ASC (Working name)
Company number:
08172832 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
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease 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

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Margret Thalwitz Chair 14 March 2022
None on record
Dane Harold Klinger Trustee 01 June 2024
None on record
Adam Russell Brennan Trustee 01 June 2024
None on record
Bushra Malik Trustee 01 April 2022
None on record
Kristin Veriga Trustee 01 April 2022
None on record
Dr Rohana Subasinghe Trustee 01 April 2022
None on record
Richard David Holland Trustee 01 September 2021
None on record
Merrielle Skye Macleod Trustee 01 January 2020
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 £7.31m £9.67m £10.53m £13.47m £13.58m
Total expenditure £6.56m £7.91m £7.26m £12.40m £13.79m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £10.00k N/A N/A N/A
Income - Donations and legacies £56.60k £148.85k £217.61k £614.61k £483.19k
Income - Other trading activities £7.22m £9.51m £10.31m £12.85m £13.09m
Income - Charitable activities £26.43k £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £9.85k £0 £0 £0 £11.02k
Income - Other £0 £6.14k £273 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £5.23m £6.70m £6.51m £10.93m £11.97m
Expenditure - Raising funds £1.33m £1.22m £750.81k £1.47m £1.82m
Expenditure - Governance £75.87k £14.02k £11.18k £16.07k £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.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £104.13k £210.09k £247.78k £195.06k £236.46k
Long-term investments £0 £0 £0 £0 £0
Other assets £7.19m £9.91m £12.38m £13.45m £12.86m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.61m £2.36m £1.71m £1.22m £1.13m

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 25 September 2024 On Time
Accounts and TAR 31 December 2023 25 September 2024 On Time
Annual return 31 December 2022 14 September 2023 On Time
Accounts and TAR 31 December 2022 14 September 2023 On Time
Annual return 31 December 2021 28 September 2022 On Time
Accounts and TAR 31 December 2021 28 September 2022 On Time
Annual return 31 December 2020 27 August 2021 On Time
Accounts and TAR 31 December 2020 27 August 2021 On Time
Annual return 31 December 2019 30 September 2020 On Time
Accounts and TAR 31 December 2019 30 September 2020 On Time
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 08/08/2012

Charitable objects

THE CHARITYS OBJECTS (THE OBJECTS) ARE: TO CONSERVE THE MARINE AND FRESHWATER ENVIRONMENTS FOR THE BENEFIT OF THE PUBLIC AND TO ADVANCE PUBLIC EDUCATION IN THE PRINCIPLES AND PRACTICE OF CONSERVATION, PARTICULARLY, BUT NOT EXCLUSIVELY, BY: (I) CONSERVING MARINE AND FRESHWATER FISH POPULATIONS AND THE ENVIRONMENT ON WHICH THEY DEPEND; (II) PROMOTING FOR THE PUBLIC BENEFIT EFFECTIVE MANAGEMENT OF FISHERIES AND, ENSURING THE SUSTAINABILITY OF GLOBAL FISH STOCKS AND THE HEALTH OF AQUATIC ECOSYSTEMS GENERALLY; AND (III) ESTABLISHING AND PROMOTING THE APPLICATION OF A BROAD SET OF PRINCIPLES, STANDARDS AND CRITERIA FOR SUSTAINABLE FISHING.

Contact information

Address:
27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX
Phone:
2039185482
Email:
info@asc-aqua.org
Website:

www.asc-aqua.org Open in new window