THE ROYAL LIFE SAVING SOCIETY
The Royal Life Saving Society is the Commonwealth's largest drowning prevention and water safety awareness organisation carrying out it's activities via education, lifesaving, lifeguard,first aid and resuscitation training.
Financial health, per its FY2024 accounts
The accounts state that total income for the year ended 31 December 2024 was £68,389, representing an increase of £3,545 from the previous year. Total expenditure was £62,799, which is lower than the 2023 figure of £75,694, resulting in a surplus for the period. The trustees report that general reserves stood at £78,536, meeting the policy target of two years of core funding.
What the accounts disclose
“As at the end of 2024, we had £78,536 of general reserves and this meets the Society's Reserves Policy of two years core funding (excludes project work)” — page 31
Trustees
- Dr Stephen Beermanchair
- Amlesh Dosieah
- Ann Indera Singh
- Bhanusha Kalansuriya
- Dr Tengku Fadilah Tengku Kamalden
- Evelyn-Marie Day
- Hellen Nkatha Muthomi
- Jonathan Bruce
- Kevin Waterman
- Patricia Kitchen
- Professor Richard Franklin
- Sheena Helen Harper
- William Clive Patrickson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £68k | £63k |
| 31/12/2023 | £65k | £76k |
| 31/12/2022 | £73k | £55k |
| 31/12/2021 | £52k | £41k |
| 31/12/2020 | £87k | £33k |
Common questions
Is THE ROYAL LIFE SAVING SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year ended 31 December 2024 was £68,389, representing an increase of £3,545 from the previous year. Total expenditure was £62,799, which is lower than the 2023 figure of £75,694, resulting in a surplus for the period. The trustees report that general reserves stood at £78,536, meeting the policy target of two years of core funding. Its FY2024 accounts were independently examined.