HORNSEA INSHORE RESCUE
To preserve and save life by the provision and maintenance of an in-shore rescue service along and off the coast of East Yorkshire of Yorkshire and by the promotion of all aspects of water safety.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £49,050 for the year, resulting in a decrease in total net assets from £624,351 to £575,301. Despite this deficit, the trustees confirm the financial position is good and that unrestricted reserves of £129,874 are maintained to meet future obligations and support growth.
What the accounts disclose
“Income from fundraising 36,154”
“Our current reserves policy is to maintain reserves at a level of around 10 months.”
Property (HM Land Registry)
Register events
- Received assets from another charity (17/01/2023)
Trustees
- SUSAN HICKSON-MARSAY MBEchair
- Dawn Larkin
- JOHN PUGH
- Judith Kim Pugh
- Karl Shannon
- Paul Jebson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £96k | £146k |
| 31/12/2023 | £241k | £120k |
| 31/12/2022 | £172k | £105k |
| 14/01/2022 | £102k | £76k |
| 31/12/2020 | £0 | £0 |
Common questions
Is HORNSEA INSHORE RESCUE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £49,050 for the year, resulting in a decrease in total net assets from £624,351 to £575,301. Despite this deficit, the trustees confirm the financial position is good and that unrestricted reserves of £129,874 are maintained to meet future obligations and support growth. Its FY2024 accounts were independently examined.