SAIL TRAINING INTERNATIONAL

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SAIL TRAINING INTERNATIONAL 2003-05-19 → present
2. SAIL TRAINING INTERNATIONAL LIMITED 2003-03-04 → 2003-05-19

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

Auditor

TC Group

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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. SAIL TRAINING INTERNATIONAL · parent
   1. Tall Ships Races International Limited 100% · England and Wales · Responsible for staff and office infrastructure, provision of financial and other services, managing publicity activities and materials, and organising the majority of the Tall Ships Races and seminars. Has particular responsibility for the race organisation and appoints a Race Committee for each race series.
   2. Tall Ships International Limited 100% · England and Wales
   3. Sail On Board Limited 100% · England and Wales

Significant events

• “The Trustees are pleased to report a successful 2024 season with the Tall Ships Races being held in the Baltic Sea having been cancelled in 2021 due to the pandemic and financial improvement for the Charity.”
• “The Tall Ships Racés 2024 took place in the Baltic Sea and visited six ports in Finland (Helsinki and Turku), Aland Islands (Mariehamn), Lithuania (Klaipeda). Estonia (Tallinn) and Poland (Szczecin).”
• “Over 4,500 crew and trainees participated in the event; Over 500 trainees received a bursary; 67 vessels took part; Approximately 2.8 million visitors viewed the Tall Ships in the six host ports.”
• “The Tall Ships Races 2025 will take place in the English Channel and North Sea and will visit five ports starting in Le Havre in France followed by Dunkirk in France, Aberdeen in Scotland, Kristiansand in Norway and finishing in Esbjerg in Denmark.”
• “In addition to the 2025 event, we are also pleased to announce that five ports have been contracted for 2026 and we currently have three 2027 ports for the Tall Ships Races.”
• “In 2025 it will be the 15th anniversary of the Sultanate of Oman Bursary Scheme and the Sultanate has committed to support the bursary scheme for a further 5 years... also sign a new 5 year Bursary agreement with the Royal Navy of Oman.”
• “The last year has seen some exciting developments in the world of sail training research with our research library to continue to grow and the launch of the Sail Training International Research Fund, a £10,000 fund aimed at furthering knowledge of the positive effects of sail training.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -32.3%

  £1,164,778 → £788,090

• Cash

  -6.2%

  £1,923,814 → £1,804,020

• Net assets

  +5%

  £784,419 → £823,675

• Employees

  -14.3%

  7 → 6

• Wages

  -0.4%

  £310,517 → £309,343

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