SIDMOUTH LIFEBOAT

Registered charity 1105914 · accounts filings on the Charity Commission register

Provision of emergency lifeboat rescue service approved by the Marine and Coastguard Agency

Causes: The Advancement Of Health Or Saving Of Lives · Other Charitable Purposes · website · Get email alerts

Latest income
£638k
Latest spending
£297k
Registered
2004
Accounts read
FY2025

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.

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

What the accounts disclose

Largest income source: legacies (78% of income)
“Our income breakdown during 2025 was 78% legacies, 11% donations, 7% Investment interest, 4% gift aid and trading.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 10.0% of fundraised income, as disclosed
“Our expenditure breakdown during 2025 was 10% in relation to fundraising costs, 35% for direct costs and 55% for support costs.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £440,000 (held: £1.2m)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: N Cook was paid £36,407 for work as Company Secretary/Treasurer.
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Griffin. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Sidmouth Lifeboat (matched by registered charity number).

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£638k
Total spending
£297k
Cost of raising funds
£29k
Reserves (reported)
£1.2m
Employees
6

Reported reserves equal ~50.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 4.5% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
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

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

FunderYearAmountPurpose (as stated by the funder)
THE SUNRISE (SIDMOUTH) CHARITABLE TRUSTFY2024£10k
THE SUNRISE (SIDMOUTH) CHARITABLE TRUSTFY2022£10k
THE SUNRISE (SIDMOUTH) CHARITABLE TRUSTFY2023£5k

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 HAMBLE LIFEBOAT LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SIDMOUTH LIFEBOAT£638k—0above10.0%no doubt
HAMBLE LIFEBOAT LIMITED FY2024£126k—0below—no doubt
HEMSBY INSHORE RESCUE SERVICE FY2025£150k—0above—no doubt
PETT LEVEL INDEPENDENT RESCUE BOAT ASSN. FY2025£159k—0unclear—no doubt
Sidmouth Hospice at Home FY2025£988k£80,6401unclear—no doubt
WATERSIDE COMMUNITY TRUST FY2025£773k—0below1.6%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.