INTERNATIONAL SEAFARERS' WELFARE AND ASSISTANCE NETWORK

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

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

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Sturgess Hutchinson

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. INTERNATIONAL SEAFARERS' WELFARE AND ASSISTANCE NETWORK · parent
   1. SWAN Limited 100% · England · Its sole activity is to operate Helplines that are deemed to be outside of the charitable objectives of ISWAN.

Significant events

• “During the course of the year, we delivered three different events on important seafarer issues. In the Philippines, we held a successful event to launch our new Family Outreach Programme;... In India we held an event to launch a report on recruitment fraud... In the UK, we launched our allyship campaign...”
• “Karin Orsel, our Chair stood down in November after 8 years as a trustee; we are enormously grateful to her for her support over the years. Karen is succeeded by Rene Andersen, Executive Director of Sea, Health and Welfare, the premier Danish seafarer welfare organisation.”
• “During the year, seven further helplines for shipping companies were established under the Seafarer Assistance banner.”
• “A major milestone in ISWAN's communications this year was the launch of our new website, which combines three former websites (ISWAN, SeafarerHelp and YachtCrewHelp) into one and brings all of ISWAN's services and resources together in one central hub.”

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

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +28.2%

  £233,930 → £299,974

• Cash

  +11.5%

  £731,003 → £814,817

  highest in 4 filed years

• Net assets

  -12.5%

  £752,116 → £657,996

  lowest in 4 filed years

• Employees

  0%

  17 → 17

• Wages

  +1.1%

  £520,571 → £526,185

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers