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.
Objects
THE PRESERVATION AND SAVING OF LIFE AT SEA OR ON THE FORESHORE BY THE ACQUISITION, FITTING OUT AND MAINTENANCE OF A LIFEBOAT RESCUE SERVICE TO OPERATE FROM PALLING IN THE COUNTY OF NORFOLK.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Mark Jeffrey Skerrettchair
- Colin Raymond Mann
- John David Scott
- Michael Aaron Clarke Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2026 | £20k | £52k |
| 30/04/2025 | £48k | £42k |
| 30/04/2024 | £283k | £48k |
| 30/04/2023 | £61k | £53k |
| 30/04/2022 | £45k | £47k |
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 |
|---|---|---|---|
| The National Lottery Community Fund | 18/06/2014 | £10k | Coastal Care Involvement Project |
| UK government | — | £12k | Inshore & Inland Rescue Boat Grant Fund |