SIDMOUTH LIFEBOAT
Provision of emergency lifeboat rescue service approved by the Marine and Coastguard Agency
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £3,711,024, with free/unrestricted reserves standing at £1,247,873. The charity reported a surplus for the year, with incoming resources of £638,174 against expenditure of £297,366. The trustees confirm the organization is a going concern with adequate working capital.
What the accounts disclose
“Our income breakdown during 2025 was 78% legacies, 11% donations, 7% Investment interest, 4% gift aid and trading.” — page 10
“Our expenditure breakdown during 2025 was 10% in relation to fundraising costs, 35% for direct costs and 55% for support costs.” — page 10
“Therefore, in determining our reserves policy we consider the scenario in which we receive no legacies; £75,000, plus 8% inflation, per year for the next 5 years. This would give us a required reserve of £440,000. Our free reserves at year end 2025 are £1,247,873.” — page 11
“During the year, N Cook was paid for work undertaken as Company Secretary/Treasurer. Due to her position as Trustee a formal application to the Charity Commission was submitted and granted. Gross pay received was £36,407 (2024: £32,235) and employer pension contributions were £905 (2024: £780).” — page 36
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- PHILIP JAMES SHEPPERDchair
- ANDREW JOHN DEAN
- Christine Frances YOUNG
- IAN James FLETCHER
- Kitrina Campbell Bishop
- NAOMI COOK
- Richard Michael Hedger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £638k | £297k |
| 31/12/2024 | £280k | £324k |
| 31/12/2023 | £326k | £270k |
| 31/12/2022 | £829k | £265k |
| 31/12/2021 | £497k | £227k |
Common questions
Is SIDMOUTH LIFEBOAT financially healthy?
Per its FY2025 accounts: The accounts state that total net assets increased to £3,711,024, with free/unrestricted reserves standing at £1,247,873. The charity reported a surplus for the year, with incoming resources of £638,174 against expenditure of £297,366. The trustees confirm the organization is a going concern with adequate working capital. Its FY2025 accounts were audited by Griffin.
Who funds SIDMOUTH LIFEBOAT?
Funders whose own accounts filings name SIDMOUTH LIFEBOAT as a grant recipient include THE SUNRISE (SIDMOUTH) CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SUNRISE (SIDMOUTH) CHARITABLE TRUST | FY2024 | £10k | |
| THE SUNRISE (SIDMOUTH) CHARITABLE TRUST | FY2022 | £10k | |
| THE SUNRISE (SIDMOUTH) CHARITABLE TRUST | FY2023 | £5k |
Funders of similar charities
Charities like this
- HAMBLE LIFEBOAT LIMITED
- HEMSBY INSHORE RESCUE SERVICE
- PETT LEVEL INDEPENDENT RESCUE BOAT ASSN.
- Sidmouth Hospice at Home
- WATERSIDE COMMUNITY TRUST
- THE WARRANT OFFICERS AND SENIOR RATES' MESS, HMS DRAKE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SIDMOUTH LIFEBOAT | £638k | — | 0 | above | 10.0% | no doubt |
| HAMBLE LIFEBOAT LIMITED | £126k | — | 0 | below | — | no doubt |
| HEMSBY INSHORE RESCUE SERVICE | £150k | — | 0 | above | — | no doubt |
| PETT LEVEL INDEPENDENT RESCUE BOAT ASSN. | £159k | — | 0 | unclear | — | no doubt |
| Sidmouth Hospice at Home | £988k | £80,640 | 1 | unclear | — | no doubt |
| WATERSIDE COMMUNITY TRUST | £773k | — | 0 | below | 1.6% | no doubt |