THE WITHERNSEA LIGHTHOUSE CIO
Collection and display of local memorabilia for the benefit of the local population
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net loss of £10,850 for the year ended 31 December 2024, driven by increased costs and invoicing errors. Per the trustees' report, unrestricted reserves of £307,101 are considered adequate to sustain operations for more than 18 months despite the economic trading conditions being expected to remain 'bumpy'.
What the accounts disclose
Register events
- Received assets from another charity (02/11/2018)
Trustees
- Dr BRIAN WELLSchair
- Darren Hickey
- David Gallagher
- Dr Eric Doudu
- Ivan Frederick Sindall
- James Medcalf
- KATHLEEN SPECK
- MARGARET READ
- Rachel Speck
- STEPHEN PHILLIPS
- TERRENCE BEARPARK
- WILLIAM STEPHENSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £58k | £69k |
| 31/12/2023 | £57k | £60k |
| 31/12/2022 | £62k | £60k |
| 31/12/2021 | £70k | £63k |
| 31/12/2020 | £27k | £39k |
Common questions
Is THE WITHERNSEA LIGHTHOUSE CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net loss of £10,850 for the year ended 31 December 2024, driven by increased costs and invoicing errors. Per the trustees' report, unrestricted reserves of £307,101 are considered adequate to sustain operations for more than 18 months despite the economic trading conditions being expected to remain 'bumpy'. Its FY2024 accounts were independently examined.