THE NAVAL SERVICE SPORTS CHARITY

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1(b) to the financial statements which explains that the trustees have decided to wind up the charitable company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than that of a going concern as described in note 1(b).

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6.6%

  £174,632 → £186,172

• Cash

  -47.2%

  £592,710 → £312,989

• Net assets

  -6.4%

  £4,463,255 → £4,179,494

• Employees

  0%

  8 → 8

• Wages

  -0.3%

  £310,920 → £309,879

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1(b) to the financial statements which explains that the trustees have decided to wind up the charitable company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than that of a going concern as described in note 1(b).”

Significant events

• “In 2025, NSSC funding supported Sports Associations (£340,000 distributed, including £12,000 carried forward from NAVYfit underspend in 2024), Talented Athletes (generous grant of £30,000 from BAE Systems), and RN Sports Awards (£10,000 budget for prizes and event support).”
• “The trustees of the NSSC are progressing a planned merger with the Royal Navy and Royal Marines Charity (RNRMC). Both charities share aligned objects and the merger is intended to strengthen long-term sustainability and charitable impact.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.