Finance Score: -5

Governance Score: 0

Support Score: 5

Liabilities <10%: +3
Excess reserves: -3
Multiple Deficits and declines: -5

(no info on trustees)

Grant maker support: +5

Overall GiG Score: 0

SPECIAL BOAT SERVICE ASSOCIATION

The main objectives of the Association as set out in the Constitution are: To promote the efficiency of the Special Boat Service Association by: Maintaining contact between serving and former members of the Service and providing for social gatherings for them; Fostering esprit de corps, comradeship and the welfare of the Service and perpetuating its deeds; Preserving the tradit

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
This charity has a robust balance sheet

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £9,638,221 available, equivalent to 41 months of spending and so may not be able to utilise additional funding
Income has been volatile and on several occasions in recent years less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£3,390	£2,855	£534	£364	£9,827	£9,638	40.5	11	0
31/03/22	£5,743	£9,308	£-3,565	£267	£9,730	£9,505	12.3	11	1
31/03/21	£2,345	£1,958	£387	£321	£12,644	£11,382	69.8	9	0
31/03/20	£2,641	£2,670	£-29	£687	£11,123	£7,285	32.7	9	0
31/03/19	£1,833	£2,117	£-283	£617	£11,825	£9,195	52.1	6	0
31/03/18	£13,964	£2,025	£11,939	£703	£11,778	£9,047	53.6	5	0
31/03/17	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 12.3%
Fundraising Costs/Total Spending: 12.7%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 9%
Liabilities/Income: 30%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 40.5 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.6

Asset Split ?

Established: 8 years

ceo@association1664.com

01202202692

Charity Commission for England and Wales

Listed activities

Armed Forces/Emergency Service Efficiency
Disability

GiG Classification

Community services

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Other charitable activities
Provides services

Where it operates

Throughout England And Wales,

Who supports them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Ministry of Defence - Covenant Fund
£35,000	12/02/2021	Address social isolation by targeting specific groups within the Armed Forces community who are traditionally harder to reach.
Armed Forces Covenant Fund Trust - COVID IMPACT FUND
£31,610	25/06/2020	Funding enabled the group to continue to offer childcare and welfare support for Service children with the community centre
Ministry of Defence - Covid-19 Impact Fund
£31,610	15/06/2020	To maintain services and activities where organisations' finances had been impacted by Covid

Data sourced from Donors via 360 Giving

How is it governed?

Trustees

Sorry we have no information about the Trustees.

Legal constitution

Charity registered in England & Wales on 23/08/2016, number: 1168876

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

7 returns made; all on time

Main office

HQ SQN
RM POOLE
HAMWORTHY
POOLE
DORSET
BH15 4NQ

Objectives

3.1 TO PROMOTE THE EFFICIENCY OF THE SPECIAL BOAT SERVICE (THE SERVICE) BY:3.1.1 MAINTAINING CONTACT BETWEEN SERVING AND FORMER MEMBERS OF THE SERVICE AND PROVIDING FOR SOCIAL GATHERINGS FOR THEM;3.1.2 FOSTERING ESPRIT DE CORPS, COMRADESHIP AND THE WELFARE OF THE SERVICE AND PERPETUATING ITS DEEDS;3.1.3 PRESERVING THE TRADITIONS OF THE SERVICE INCLUDING THE PRACTICE OF UNDERSTATEMENT, HUMILITY AND MODESTY;3.1.4 PERPETUATING THE MEMORY OF THOSE MEMBERS OF THE SERVICE WHO HAVE DIED IN THE SERVICE OF THEIR COUNTRY;3.1.5 ASSISTING MEMBERS OF THE SERVICE OR FORMER MEMBERS OF THE SERVICE, THEIR FAMILIES AND DEPENDANTS BY THE PROVISION OF FACILITIES AND SERVICES AND BY SUCH OTHER MEANS AS THE BOARD SHALL FROM TIME TO TIME DETERMINE;3.2 TO RELIEVE MEMBERS OF THE ASSOCIATION OR THEIR DEPENDANTS, OR MEMBERS OR FORMER MEMBERS OF THE SERVICE OR THEIR DEPENDANTS WHO ARE IN NEED BY REASON OF FINANCIAL HARDSHIP OR SICKNESS BY:3.2.1. MAKING GRANTS OF MONEY TO THEM: OR3.2.2. PROVIDING OR PAYING FOR GOODS, SERVICES OR FACILITIES FOR THEM: OR3.2.3. MAKING GRANTS OF MONEY TO OTHER PERSONS OR BODIES WHO PROVIDE GOODS, SERVICES OR FACILITIES TO THOSE IN NEED: OR3.2.4. PROVIDING ADVICE AND COUNSELLING TO THEM DURING BEREAVEMENT OR INJURY OR DURING TIMES OF CRISES OR CONFLICT;3.3 TO RELIEVE MEMBERS OR FORMER MEMBERS OF ALLIED FORCES UNITS OR THEIR FAMILIES AND DEPENDANTS, AND THE FAMILIES AND DEPENDANTS OF DECEASED MEMBERS OF SUCH UNITS, WHO ARE IN NEED BY VIRTUE OF FINANCIAL HARDSHIP OR SICKNESS, BY SUCH MEANS AS THE BOARD SHALL FROM TIME TO TIME DETERMINE.

Data Sources