HAMBLE LIFEBOAT LIMITED
Lifeboat rescue services, to assist people in trouble on or in the water. Inshore rescue of Hamble River and Southampton water.Independent Charity from the RNLI. Charity Registration No 265661
Financial health, per its FY2024 accounts
The accounts state that the charity achieved an overall surplus of £32,008 for the year ended 31 December 2024, driven by a significant increase in donation income. The charity holds total funds of £656,159, including a designated capital assets replacement fund of £164,410 intended for future lifeboat replacements. The trustees consider the charity's financial position healthy, noting that the general undesignated reserve is just under their stated minimum policy target of £30,000 but can be supplemented by designated funds if necessary.
What the accounts disclose
“Whilst the balance on the general undesignated reserve is just under this figure at the year-end”
Property (HM Land Registry)
Trustees
- James Lawrence Godwinchair
- Gary David Duke
- JANET BRYONY MOTHERWELL
- Jim Motherwell
- Peter John Jack
- Steve Emery
- Timothy Adams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £126k | £94k |
| 31/12/2023 | £80k | £96k |
| 31/12/2022 | £65k | £93k |
| 31/12/2021 | £60k | £86k |
| 31/12/2020 | £84k | £69k |
Common questions
Is HAMBLE LIFEBOAT LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved an overall surplus of £32,008 for the year ended 31 December 2024, driven by a significant increase in donation income. The charity holds total funds of £656,159, including a designated capital assets replacement fund of £164,410 intended for future lifeboat replacements. The trustees consider the charity's financial position healthy, noting that the general undesignated reserve is just under their stated minimum policy target of £30,000 but can be supplemented by designated funds if necessary. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION | 1 | — |
| THE LATE GWYNETH MON WILLIAMS CHARITABLE TRUST | 1 | £155k |
| THE VALERIE EVELYN MORANT TRUST | 1 | £151k |
| THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATION | 1 | £130k |
| THE LINBURY TRUST | 1 | £110k |
| THE LIDBURY FAMILY TRUST | 1 | £100k |
| WHEELER MILL FOUNDATION | 1 | £59k |
| BANHAM FOUNDATION LIMITED | 1 | £35k |
Charities like this
- HEMSBY INSHORE RESCUE SERVICE
- PETT LEVEL INDEPENDENT RESCUE BOAT ASSN.
- SIDMOUTH LIFEBOAT
- THE ROYAL NATIONAL LIFEBOAT INSTITUTION
- LOCAL SOLUTIONS
- E L M V SHADWELL BASIN PROJECT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| 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 LIFEBOAT | £638k | — | 0 | above | 10.0% | no doubt |
| THE ROYAL NATIONAL LIFEBOAT INSTITUTION | £251.3m | — | 138 | within | — | no doubt |
| LOCAL SOLUTIONS | £14.6m | — | 3 | above | — | no doubt |