SEA PALLING INDEPENDENT LIFEBOAT LTD
To provide and maintain an Inshore Lifeboat to enable us to provide search and rescue operations when tasked by M.C.A.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £6,160 for the year ended 30 April 2025, resulting in total unrestricted and restricted funds of £408,238. The trustees acknowledge their responsibilities for preparing financial statements that give a true and fair view, and the accounts were subject to independent examination rather than audit. Per the trustees' report, the charity is a small entity taking advantage of reduced disclosure exemptions under FRS 102.
What the accounts disclose
Trustees
- Mark Jeffrey Skerrettchair
- Colin Raymond Mann
- John David Scott
- Michael Aaron Clarke Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £48k | £42k |
| 30/04/2024 | £283k | £48k |
| 30/04/2023 | £61k | £53k |
| 30/04/2022 | £45k | £47k |
| 30/04/2021 | £112k | £36k |
Common questions
Is SEA PALLING INDEPENDENT LIFEBOAT LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £6,160 for the year ended 30 April 2025, resulting in total unrestricted and restricted funds of £408,238. The trustees acknowledge their responsibilities for preparing financial statements that give a true and fair view, and the accounts were subject to independent examination rather than audit. Per the trustees' report, the charity is a small entity taking advantage of reduced disclosure exemptions under FRS 102. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | — | £12k | Inshore & Inland Rescue Boat Grant Fund |