LOWESTOFT AND EAST SUFFOLK MARITIME SOCIETY
We provide manpower and resources to maintain buildings and run museum, provide projects for schools & pre-school groups, care homes, clubs etc, open 7 days week to general public. Supply information on maritime matters and local history in answer to enquiries from around the world.
Objects
TO EDUCATE THE PUBLIC IN SHIPPING, OLD AND MODERN, IN LOWESTOFT AND DISTRICT IN THE COUNTY OF SUFFOLK AND IN THE TRADES AND CRAFTS ASSOCIATED WITH SHIPPING AND SHIPPING LORE IN GENERAL AND IN PARTICULAR TO MAINTAIN A MUSEUM AND/OR ASSIST IN THE PROVISION OF A MARITIME SECTION OF A MUSEUM IN LOWESTOFT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £3,553 for the year, reducing total net assets from £472,688 to £469,135. Unrestricted reserves stood at £283,333, with a significant portion held in a COIF account to ensure future financial stability. The trustees confirmed that resources are adequate to continue operations, relying on volunteers and maintaining funds for potential future needs.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Volunteer management
Funders the charity credits
- Great Yarmouth Lodge of Friendship No 100
Trustees
- COLIN DIXONchair
- CAROL DAINES
- ROY HAMMOND
- Sarah Carter
- Stanley John Earl
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £32k |
| 31/03/2024 | £27k | £32k |
| 31/03/2023 | £19k | £12k |
| 31/03/2022 | £16k | £14k |
| 31/03/2021 | £14k | £7k |
Common questions
Is LOWESTOFT AND EAST SUFFOLK MARITIME SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £3,553 for the year, reducing total net assets from £472,688 to £469,135. Unrestricted reserves stood at £283,333, with a significant portion held in a COIF account to ensure future financial stability. The trustees confirmed that resources are adequate to continue operations, relying on volunteers and maintaining funds for potential future needs. Its FY2025 accounts were independently examined.