Charity overview

Activities - how the charity spends its money

The SEA LIFE Trust develops, delivers and supports projects and campaigns that make a measurable difference to the protection of marine wildlife and habitats across the world. Our main focus areas are: marine protected areas, sustainable seafood, plastic pollution and the protection of sharks, seahorses turtles and marine mammals.

Income and expenditure

Data for financial year ending 31 December 2017

Total income:
£866,181

	Donations and legacies	£852.12k
	Charitable activities	£14.06k
	Other trading activities	£0
	Investments	£0
	Other	£0

Total expenditure:
£810,306

	Raising funds	£0
	Charitable activities	£748.79k
	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	£61.52k
	Charitable expenditure	£748.79k
	Retained for future use	£55.88k

Fundraising

This charity raises funds from the public but does not work with commercial participators.

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
Animals
Environment/conservation/heritage

Who the charity helps:

Other Charities Or Voluntary Bodies
The General Public/mankind

How the charity helps:

Makes Grants To Individuals
Makes Grants To Organisations
Provides Other Finance
Provides Human Resources
Provides Buildings/facilities/open Space
Provides Services
Provides Advocacy/advice/information
Sponsors Or Undertakes Research
Acts As An Umbrella Or Resource Body

Where the charity operates:

Belgium
China
Denmark
Finland
France
Germany
Ireland
Italy
Netherlands
Portugal
Scotland
South Korea
Spain
Turkey
United States

Governance

Registration history:

21 September 2012: Standard registration
02 January 2019: Removed (Transfer of funds)
02 January 2019: Funds transferred to 1175859 SEA LIFE TRUST LIMITED

Organisation type:

Trust

Other names:

SEA LIFE MARINE CONSERVATION TRUST (Previous name)

Gift aid:

Not recognised by HMRC for gift aid

Other regulators:

No information available

Policies:

Complaints handling
Conflicting interests
Risk management

Land and property:

This charity does not own and/or lease land or property

Financial history

Financial period end date

Income / Expenditure	31/12/2013	31/12/2014	31/12/2015	31/12/2016	31/12/2017
Total gross income	£5.05k	£260.24k	£222.31k	£315.27k	£866.18k
Total expenditure	£0	£184.29k	£114.17k	£271.23k	£810.31k
Income from government contracts	N/A	N/A	£0	£0	£0
Income from government grants	N/A	N/A	£0	£0	£0
Income - Donations and legacies	N/A	N/A	N/A	N/A	£852.12k
Income - Other trading activities	N/A	N/A	N/A	N/A	£0
Income - Charitable activities	N/A	N/A	N/A	N/A	£14.06k
Income - Endowments	N/A	N/A	N/A	N/A	£0
Income - Investment	N/A	N/A	N/A	N/A	£0
Income - Other	N/A	N/A	N/A	N/A	£0
Income - Legacies	N/A	N/A	N/A	N/A	£0
Expenditure - Charitable activities	N/A	N/A	N/A	N/A	£748.79k
Expenditure - Raising funds	N/A	N/A	N/A	N/A	£61.52k
Expenditure - Governance	N/A	N/A	N/A	N/A	£6.03k
Expenditure - Grants institution	N/A	N/A	N/A	N/A	£108.50k
Expenditure - Investment management	N/A	N/A	N/A	N/A	£0
Expenditure - Other	N/A	N/A	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.

Asset / Liability	31/12/2013	31/12/2014	31/12/2015	31/12/2016	31/12/2017
Own use assets	N/A	N/A	N/A	N/A	£1.01k
Long-term investments	N/A	N/A	N/A	N/A	£3.57k
Other assets	N/A	N/A	N/A	N/A	£345.70k
Defined benefit pension scheme asset or liability	N/A	N/A	N/A	N/A	£0
Total liabilities	N/A	N/A	N/A	N/A	£61.22k

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 December 2018	Not submitted
Accounts and TAR	31 December 2018	Not submitted
Annual return	31 December 2017	30 October 2018	On time
Accounts and TAR	31 December 2017	30 October 2018	On time
Annual return	31 December 2016	16 August 2017	On time
Accounts and TAR	31 December 2016	16 August 2017	On time
Annual return	31 December 2015	20 October 2016	On time
Accounts and TAR	31 December 2015	20 October 2016	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.

TRUST DEED DATED 20 AUG 2012 AS AMENDED BY RESOLUTION DATED 05/06/2014

Charitable objects

THE TRUSTEES SHALL HOLD THE TRUST FUND UPON TRUST FOR THE FOLLOWING OBJECTS: TO PROMOTE FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT, PARTICULARLY THE MARINE AND FRESHWATER ENVIRONMENT AND THE WELL BEING AND CONSERVATION OF WILD SPECIES LIVING IN THAT ENVIRONMENT AND IN PARTICULAR VULNERABLE AND ENDANGERED SPECIES AND PROMOTING AND CONDUCTING RESEARCH INTO SUCH SPECIES AND PROMOTING AND CONDUCTING BREEDING, CONSERVATION, REHABILITATION AND RELEASE INTO THE WILD OF SUCH SPECIES; AND TO ENCOURAGE AND PROVIDE EDUCATION AND THE DISSEMINATION OF INFORMATION ABOUT THE MARINE AND FRESHWATER ENVIRONMENT.

SEA LIFE TRUST