Cowes Town Waterfront Trust Limited
Analysis
Cowes Town Waterfront Trust Limited is a registered charity in England and Wales, based in Isle of Wight. It was registered in April 1993, 33 years ago. Its declared purposes cover education/training, amateur sport and environment/conservation/heritage, which this site groups under amateur sport and recreation. Legally it is a charitable company (Companies House number 02751595). It says it provides buildings/facilities/open space.
In the financial year ending March 2025, Cowes Town Waterfront Trust Limited reported income of £2.0m and spending of £1.6m, spending 82% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.2m to £2.0m (+65%), an average of +13% a year. The sharpest change came in the year to March 2022, when income rose by 37%. Over the whole period it spent 86% of the income it received.
Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Cowes Town Waterfront Trust Limited sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Bowles Rocks Trust Limited (£2.0m), Soll (Vale) (£2.0m) and Great Britain Wheelchair Rugby Limited (£2.0m).
In its latest detailed accounts, income came from trading 84% and investments 15%. Charitable activities took 27% of spending and raising funds 0.0%. Grants to other organisations totalled £36k. Reserves of £563k would cover about 4 months of spending at that rate. It employed 17 people.
Income and spending
Where the income comes from
- Donations 0.3%
- Trading 84%
- Investments 15%
In the charity's own words
To promote the provision of facilities for recreation in the interest of social welfare and to advance sailing and watersports in the waters around Cowes, and in furtherance of this object to provide facilities for mooring and storage of boats.To promote the culture and heritage of Cowes and the Isle of Wight.To promote the protection and improvement of the environment of Cowes Harbour.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bowles Rocks Trust Limited | Tunbridge Wells | £2.0m |
| Soll (Vale) | Abingdon | £2.0m |
| Great Britain Wheelchair Rugby Limited | Twickenham | £2.0m |
| South Essex Gymnastics Club Limited | Essex | £2.0m |