Charity Accounts Intelreading the accounts so you don’t have to

THE LYME REGIS SEA SCHOOL TRUST

Registered charity 1064741 · accounts filings on the Charity Commission register · also known as LRSS, LYME SEA SCHOOL

The main aim is to promote sailing, making it accessible to all. Students follow the RYA syllabus to gain certification. Bursaries available for local students upon application. First Aid, Power Boat & Safety Boat courses held. Several local young students progress through the Sea School to become RYA qualified Instructors going on to train others.

Causes: Education/training · Amateur Sport · website · Get email alerts

Latest income
£93k
Latest spending
£91k
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that income exceeded expenditure by £2,362 for the year ended 31 March 2025. Unrestricted reserves stood at £66,633, which the trustees consider adequate against a policy target of covering two years of routine expenditure.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: two years routine expenditure (held: £67k)
“The charity aims to hold sufficient reserves to cover 2 years routine expenditure even if it cannot run its summer courses.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon · Dorset · Somerset

Income and spending

Financial year endIncomeSpending
31/03/2025£93k£91k
31/03/2024£99k£80k
31/03/2023£66k£84k
31/03/2022£77k£19k
31/03/2021£7k£19k

Common questions

Is THE LYME REGIS SEA SCHOOL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that income exceeded expenditure by £2,362 for the year ended 31 March 2025. Unrestricted reserves stood at £66,633, which the trustees consider adequate against a policy target of covering two years of routine expenditure. Its FY2025 accounts were independently examined.