Financials

Money
Assessing the cost of a Round Britain Sailing venture cannot really be generalised. There are lots of ways to do it and it depends very much on what you already have. You can go as crew on someone else's boat or you can go round in a dingy. If you go single handed like me and you don't have a boat then clearly the boat is going to be a pretty significant part of your expenses! So I can only give you the context of my situation and the expenses I incur.

You also need to factor in that by doing this challenge, you are very likely foregoing income which you would otherwise have had - so that in itself is a "cost". On the other hand there may be expenses that you avoid. For example, I will not renew my annual berthing fee and that will be a significant saving.

Here's a summary of what I think is involved for me:

Ballpark estimateConsidered estimate Actual cost
 Charts and pilots £500 £550 £688
 Boat preparation and equipment £500 £1,000 £1,500
 Liferaft £650 £649
 Travel to and from home between stages £400 £600 £709
 Food and living £800 £600 £918
 Berthing £1,200 £1,500 £1095
 Fuel £600 £400 £237
 Contingency & repairs £500 £750 £1,323

The ballpark figure was what I estimated right at the very start when I decided "Let's do it". The considered estimate is the budget having worked things out a bit more carefully. The Actual cost speaks for itself.

Record of specific purchases
What Cost From whom When
 Charts and Pilot books £494.10 Imray 19/2/15
 Chandlery (various) £436.58 Force4 24/2/15
 www.domsroundbritainsail.uk domain name £26.35 123-reg 27/2/15
 40W Solar panel & charge controller £229.94solarshop 3/3/15 
 SEAGO 4 man life raft canister*. £649.00 Force4 4/3/15
 2 more pilot books
£63.40
  Force4 6/3/15
 Gopro mounts and bike lights £46.77 Halfords 9/3/15
 10mm nylon anchor rope, 100m
 £118.50 Cheaprope 11/3/15
 2 Swivel mounts for GoPro £23.78 Surfdome 11/3/15
 Sea anchor and astro tables     £53.90 Force4 14/3/15
 Insurance cover for life raft** £10.00 Bishop Skinner 16/3/15
 Equipment, various     £42.40  Force4 18/3/15
 Personal Location Beacon (PLB Fast Find 220) £189.00 Pirates Cave 30/3/15
 Notice & Principia detail laminates £20 Amersham Bus Svcs 4/4/15
 Business cards (cards depicting my venture) £26.97 vistaprint 5/4/15
 Miscellaneous £25 Chandlery 11/4/15
 Replacement 10A solar controller £24.40 sunstore 13/4/15
 Total £2,580.09  

* Seems like not having a life raft would be deemed as madness, and I guess that's right. BIG outgoing though, which is a shame. Especially as I only need a 1 man life raft! Oh well. I could have rented one, but it would cost about half of buying one. Not worth the hassle really. SEAGO is the cheapest you can get, but it's still the real deal for my purposes. Let's hope I don't need it!

** Although my insurance cost a little extra to insure against theft of my life raft, my existing insurance does cover me for the whole trip as I've got all UK coastal waters. Worth checking, though.

Doing this venture in stages increases the expense significantly as the boat needs to be left in safe hands and return trips home paid for. These expenses are summarised separately below:

Break    Days Berthing Travel
 1 7 £112 £174
 2 22 £201 £190
 3 20 £172 £215
 4 13 £232    £130
 Totals 62 £717 £709

Apart from the above, costs are summarised as follows:
 Stage 1 2 3 4 5 Totals
 Number of days 14 22 16 11 18 81
 Berthing £196 £250 £188 £116 £345 £1095
 Fuel £91 £65 £38 £43 £0 £237
 Living and sundries £95 £261 £194 £92 £276 £918
 Repairs and equipment £0 £615 £703  £5 £1,323
 Totals £382 £1,191 £1,123 £251 £626 £3,573


The return trips cost: £1,426
Preparation cost: £2,580
All other running costs: £3,573
Total cost of venture: £7,579

On average, it is cost me £44 per day once going.