INTERNATIONAL MARITIME RESCUE FEDERATION

Registered charity 1100883 · accounts filings on the Charity Commission register · also known as THE INTERNATIONAL LIFEBOAT FEDERATION

Latest income
£388k
Latest spending
£309k
Registered
2003
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a surplus of £79k, resulting in total unrestricted reserves of £331,628. The trustees report that there is sufficient funding in place for all planned future activity and maintain tight management controls to ensure financial stability.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the 90th percentile for charities its size (median £60k)
The number of employees whose emoluments fell within the following bands was: 2024 No 1 £70,001 - £80,000 — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
The number of employees whose emoluments fell within the following bands was: 2024 No 1 £70,001 - £80,000 — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: 6 - 8 months of operating costs (held: £332k)
Best practice for an organisation of the size of the IMRF is to hold reserves sufficient to cover between 6 - 8 months of operating costs.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CRS paid a membership fee of £3,700 and made an additional financial donation of £30,475 to IMRF.
CRS is related as one of the Trustees is an employee of this entity. CRS paid a membership fee of £3,700 (2023: £3,700) and made an additional financial donation of £30,475 (2023: £30,475) to IMRF. — page 34
DGzRS is related as one of the Trustees is the Finance Director of this entity. DGzRS paid a membership fee of £3,700 (2023: £3,700) and made donations of £42,769 (2023: £42,769) to IMRF. — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: DGzRS paid a membership fee of £3,700 and made donations of £42,769 to IMRF.
CRS is related as one of the Trustees is an employee of this entity. CRS paid a membership fee of £3,700 (2023: £3,700) and made an additional financial donation of £30,475 (2023: £30,475) to IMRF. — page 34
DGzRS is related as one of the Trustees is the Finance Director of this entity. DGzRS paid a membership fee of £3,700 (2023: £3,700) and made donations of £42,769 (2023: £42,769) to IMRF. — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: SSRS paid a membership fee of £3,700 and made donations of £42,769.
CRS is related as one of the Trustees is an employee of this entity. CRS paid a membership fee of £3,700 (2023: £3,700) and made an additional financial donation of £30,475 (2023: £30,475) to IMRF. — page 34
DGzRS is related as one of the Trustees is the Finance Director of this entity. DGzRS paid a membership fee of £3,700 (2023: £3,700) and made donations of £42,769 (2023: £42,769) to IMRF. — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: FLBI paid a membership fee of £3,700 and made an additional payment in kind of £16,584.
CRS is related as one of the Trustees is an employee of this entity. CRS paid a membership fee of £3,700 (2023: £3,700) and made an additional financial donation of £30,475 (2023: £30,475) to IMRF. — page 34
DGzRS is related as one of the Trustees is the Finance Director of this entity. DGzRS paid a membership fee of £3,700 (2023: £3,700) and made donations of £42,769 (2023: £42,769) to IMRF. — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: RNLI paid a membership fee of £3,700 and made donations of £10,000.
CRS is related as one of the Trustees is an employee of this entity. CRS paid a membership fee of £3,700 (2023: £3,700) and made an additional financial donation of £30,475 (2023: £30,475) to IMRF. — page 34
DGzRS is related as one of the Trustees is the Finance Director of this entity. DGzRS paid a membership fee of £3,700 (2023: £3,700) and made donations of £42,769 (2023: £42,769) to IMRF. — page 34
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/12/2022)

Total income
£506k
Total spending
£310k
Cost of raising funds
£3k
Reserves (reported)
£225k
Employees
3

Reported reserves equal ~8.7 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Antigua And Barbuda · Australia · Bangladesh · Belgium · Brazil · British Virgin Islands · Bulgaria · Canada · Cape Verde · Chile · China · Croatia

Income and spending

Financial year endIncomeSpending
31/12/2024£388k£309k
31/12/2023£389k£406k
31/12/2022£506k£310k
31/12/2021£255k£245k
31/12/2020£353k£338k

Common questions

Is INTERNATIONAL MARITIME RESCUE FEDERATION financially healthy?

The accounts state that the charity ended the year with a surplus of £79k, resulting in total unrestricted reserves of £331,628. The trustees report that there is sufficient funding in place for all planned future activity and maintain tight management controls to ensure financial stability. Its FY2024 accounts were independently examined.

What does the highest-paid employee of INTERNATIONAL MARITIME RESCUE FEDERATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.

Who funds INTERNATIONAL MARITIME RESCUE FEDERATION?

Funders whose own accounts filings name INTERNATIONAL MARITIME RESCUE FEDERATION as a grant recipient include THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND.

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL NATIONAL LIFEBOAT INSTITUTION.