Adventure Under Sail

Analysis

Adventure Under Sail is a registered charity in England and Wales, based in Brentwood. It was registered in May 2008, 18 years ago. Its declared purposes cover education/training and other charitable purposes, which this site groups under education and training. Legally it is a charitable company (Companies House number 06569266). It says it makes grants to individuals and provides services.

In the financial year ending March 2023, Adventure Under Sail reported income of £1.2m and spending of £1.4m, spending 120% of what it took in. Across the 3 years on record, from March 2021 to March 2023, income grew from £804k to £1.2m (+49%), an average of +22% a year. The sharpest change came in the year to March 2022, when income rose by 39%. Over the whole period it spent 112% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Adventure Under Sail sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Haberdashers' Elstree Schools Foundation (£1.2m), Your Ambition (£1.2m) and The Clore Social Leadership Programme (£1.2m).

In its latest detailed accounts, income came from charitable activities 66% and donations and legacies 24%. Charitable activities took 94% of spending and raising funds 5.1%. Reserves of £292k would cover about 2 months of spending at that rate. It employed 4 people.

Data notes from the register: The register marks this charity as insolvent. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.