LOUGHOR INSHORE RESCUE
Loughor Inshore Rescue is a declared asset with the Maritime & Coastguard agency and primarily provides an Inshore Lifeboat. The Lifeboat provides the community with sea and coastal Rescue Services in and around the Loughor Estuary. The Crew also provide Flood Search & Rescue capability to the surrounding communities & Safety talks to schools.
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a net surplus of £9,862 for the year, with total receipts of £27,941 against payments of £18,079. At the end of the reporting period, the charity held cash funds of £6,008 and retained operational assets including lifeboat craft and vehicles. The trustees confirm they review the financial position regularly to ensure reserves remain appropriate for the scale of activities.
What the accounts disclose
“Income was primarily generated through community fundraising events, donations, donation pots and supporter direct debits.” — page 3
Trustees
- JEFFREY BOWENchair
- Kenneth Graham Kirby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £28k | £18k |
| 31/12/2023 | £13k | £16k |
| 31/12/2022 | £22k | £26k |
| 31/12/2021 | £3k | £11k |
| 31/12/2020 | £37k | £34k |
Common questions
Is LOUGHOR INSHORE RESCUE financially healthy?
Per its FY2024 accounts: The accounts state that the charity recorded a net surplus of £9,862 for the year, with total receipts of £27,941 against payments of £18,079. At the end of the reporting period, the charity held cash funds of £6,008 and retained operational assets including lifeboat craft and vehicles. The trustees confirm they review the financial position regularly to ensure reserves remain appropriate for the scale of activities.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | — | £10k | Inshore & Inland Rescue Boat Grant Fund |