The Jubilee Sailing Trust could be forced to close unless it can raise a minimum of £500K by 14 April. A statement from the charity reads:
“Our charity will be forced into ceasing operations ending a 44 year history, unless we can urgently raise a minimum of £500K by Thursday April 14 and a total of £1.2 million by the end of September 2022.
We have been deeply affected by the pandemic leading to an immediate cash flow crisis.
We have battled hard through the last two years but, as a small charity providing life-changing tall ship experiences for disabled and disadvantaged people, the harsh and negative impact of Covid and the cost-of-living crisis has seen an increase in costs and a decrease in income which has now reached a critical point.
Despite great effort, we have been unable to secure financial support through the Government Covid Recovery Loan scheme and other institutional sources.
To deliver our mission we rely entirely on fundraising and subsidised berths for voyages to fund our operations. Since the outbreak of the pandemic we have had very limited opportunities to sail, only recently restarting our hugely popular voyages.
Our planned voyage programme released through to the end of April 2023 has attracted an unprecedented level of bookings and interest but will now not take place unless we can raise the necessary funds. The next voyage is due to take place on April 22, 2022.
We are in a desperatley difficult situation and do hope that you will be able to support us to ensure that this amazing charity is able to contiue.
Any support at this challenging time will be hugely appreciated – thank you.”