MUNDESLEY VOLUNTEER INSHORE LIFEBOAT LIMITED
Provision of an Inshore Lifeboat and water rescue team located in Mundesley - North Norfolk.The Service will be a Declared Facility with the Maritime and Coastguard Agency
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of negative £16,099 for the year, resulting in total funds decreasing from £1,101,303 to £1,085,204. Free reserves stood at £272,271, which remains above the stated policy target of £1,000,000 total funds, although the document notes the reserves policy is based on covering uninsured losses of equipment or buildings. The trustees confirmed adequate resources for going concern and noted no material uncertainties.
What the accounts disclose
“The Charity has identified a target level of total funds of £1,000,000.” — page 6
Property (HM Land Registry)
Trustees
- Brian Shawchair
- Beverley Fowler
- Bryan William Hall
- David Francis
- David Hearn
- JANICE FRANCIS
- Neil Lindsay Munro
- ROBERT JOHN FRANCIS
- Stephen John Ernest Hunt
- Susan Elizabeth Shaw
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £112k | £132k |
| 05/04/2024 | £133k | £133k |
| 05/04/2023 | £215k | £128k |
| 05/04/2022 | £75k | £96k |
| 05/04/2021 | £54k | £63k |
Common questions
Is MUNDESLEY VOLUNTEER INSHORE LIFEBOAT LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of negative £16,099 for the year, resulting in total funds decreasing from £1,101,303 to £1,085,204. Free reserves stood at £272,271, which remains above the stated policy target of £1,000,000 total funds, although the document notes the reserves policy is based on covering uninsured losses of equipment or buildings. The trustees confirmed adequate resources for going concern and noted no material uncertainties. Its FY2025 accounts were independently examined.