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2024-12-31-accounts

Trustees’ Annual Report

Charity Name: Loughor Inshore Rescue Charity Number: 1024113 Reporting Period: 1 January 2024 – 31 December 2024

Chair’s Report

2024 has been another important year of progress for Loughor Inshore Rescue. It has been extremely encouraging to see the organisation continue to move forward through the dedication and commitment of our volunteers and supporters.

During the year we were able to invest in important operational equipment, including new dry suits and updated radio equipment , ensuring our crew members remain safe and wellequipped to respond to incidents on the water. Maintaining and improving our operational capability remains a key priority for the charity.

A significant milestone for the organisation this year has been becoming a fully recognised member of the National Independent Lifeboat Association . This membership provides us with valuable support, guidance and the ability to share documentation, best practice and operational experience with other independent lifeboat organisations across the UK. This collaboration will help strengthen our resilience and ensure we continue operating to the highest possible standards.

Fundraising has also been particularly productive throughout the year. Through a combination of local community events, we have been able to secure valuable funding that directly supports the operation and development of the lifeboat service. I would like to give a special thank you to Graham and Lewis for their hard work and dedication in helping to organise events and secure funding on behalf of the charity.

Like many volunteer organisations, the year has had its ups and downs. However, it is important to remember that Loughor Inshore Rescue is built on teamwork. Every volunteer, supporter and trustee plays a vital role in ensuring the charity continues to serve the community effectively.

Our aim remains to keep Loughor Inshore Rescue at the heart of the community we serve, providing a vital lifesaving service while also engaging with and being supported by local people.

On behalf of the trustees, I would like to thank every crew member, volunteer, supporter and donor for their continued commitment to the charity. Your dedication allows Loughor Inshore Rescue to continue protecting lives on the water and supporting our community.

Financial Summary

During the reporting period the charity recorded total receipts of £27,941 and total payments of £18,079 , resulting in a net surplus of £9,862 for the year.

2024 P&L.xlsx - R&P Accounts (1)

Income was primarily generated through community fundraising events, donations, donation pots and supporter direct debits. Expenditure was focused on running costs, operational costs, maintenance, training and the purchase of operational equipment necessary to support the lifeboat service.

At the end of the reporting period the charity held cash funds of £6,008 .

2024 P&L.xlsx - R&P Accounts (1)

The charity also retains operational assets used to deliver its services, including lifeboat craft, vehicles and the lifeboat station facility.

Public Benefit

The trustees confirm that they have had regard to the guidance issued by the Charity Commission for England and Wales on public benefit.

Loughor Inshore Rescue provides a volunteer lifeboat and rescue service to assist those in danger along the local coastline and estuary. The service operates for the benefit of the general public and contributes directly to the safety of those who live, work and enjoy leisure activities within the area.

Objectives and Activities

The charitable objective of Loughor Inshore Rescue is to provide an effective volunteer lifeboat and rescue service to assist those in danger in the waters of the Loughor Estuary and surrounding coastline, and to promote water safety within the local community.

The charity operates and maintains rescue craft and associated equipment, and provides trained volunteer crew members who respond to incidents when requested by emergency services or when assistance is required by members of the public.

Key activities undertaken to achieve these objectives include:

The trustees confirm that they have considered the guidance on public benefit published by the Charity Commission for England and Wales when reviewing the charity’s objectives and activities.

Achievements and Performance

During 2024, Loughor Inshore Rescue continued to develop its operational capability and strengthen its role within the local community.

One of the most notable achievements during the year was becoming a fully recognised member of the National Independent Lifeboat Association . Membership of this national body provides access to support, operational guidance and shared documentation, helping ensure that the organisation operates to recognised standards within the independent lifeboat sector.

The charity also invested in important operational equipment, including the purchase of new dry suits and upgraded radio communications equipment. These investments improve crew safety and help ensure reliable communications during rescue operations.

Training remained a key focus throughout the year. Volunteers continued to develop their skills through regular training exercises, ensuring that the organisation remains ready to respond effectively when called upon.

Community support has continued to play a vital role in the charity’s work. Fundraising events held locally, alongside successful grant applications, generated valuable income that supports the charity’s operational activities. These efforts demonstrate the strong relationship between the charity and the community it serves.

The trustees are extremely grateful for the dedication of all volunteers who give their time to ensure the lifeboat service continues to operate effectively.

Financial Review

During the reporting period the charity recorded total receipts of £27,941 and total payments of £18,079 , resulting in a net surplus of £9,862 .

2024 P&L.xlsx - R&P Accounts (1)

Income was received through a range of sources including community fundraising events, donations, donation collection pots, supporter direct debits and bank interest.

Expenditure was primarily directed towards:

The trustees aim to maintain appropriate reserves to ensure the charity can continue operating effectively and respond to unexpected operational requirements.

At the end of the reporting period the charity held cash funds totalling £6,008 .

2024 P&L.xlsx - R&P Accounts (1)

The charity also retains operational assets used to deliver its lifesaving service, including rescue craft, vehicles and the lifeboat station facility.

Reserves Policy

The trustees recognise the importance of maintaining appropriate financial reserves to support the ongoing operation of the charity.

Reserves are held to ensure that the charity can continue to operate in the event of unexpected costs, equipment failure or reductions in income. Funds may also be used to support future investment in operational equipment, training and maintenance.

The trustees review the charity’s financial position regularly to ensure that reserves remain appropriate for the scale and nature of its activities.

Structure, Governance and Management

Loughor Inshore Rescue is governed by a board of trustees who are responsible for ensuring that the charity operates in accordance with its governing document and relevant charity law.

The trustees oversee the strategic direction of the organisation, financial management and overall governance. Day-to-day operational activities are carried out by volunteers who give their time and expertise to support the charity’s work.

Trustees meet periodically throughout the year to review the charity’s operations, financial performance and strategic priorities.

The charity operates in collaboration with local emergency services and other rescue organisations to ensure an effective and coordinated response to incidents.

Risk Management

The trustees recognise that the charity operates in an environment that involves operational and organisational risks. The trustees therefore regularly review the risks faced by the charity and take steps to mitigate them where possible.

Key risks considered include:

Mitigation measures include ongoing training for volunteers, maintenance of rescue equipment, adherence to safety procedures and maintaining appropriate financial oversight.

Membership of the National Independent Lifeboat Association also provides additional access to guidance, policies and best practice to support effective governance and operational safety.

Plans for the Future

Looking ahead, the trustees aim to continue developing the capability and sustainability of Loughor Inshore Rescue.

Key priorities for the coming year include:

The trustees remain committed to ensuring that Loughor Inshore Rescue continues to provide a reliable and effective lifesaving service for the community it serves.

Safeguarding Statement

The trustees of Loughor Inshore Rescue recognise the importance of safeguarding and are committed to ensuring that the charity provides a safe and supportive environment for all volunteers, members of the public and those who come into contact with the organisation.

The charity operates a safeguarding approach that promotes the welfare of all individuals and protects them from harm, abuse or neglect. This includes ensuring that appropriate conduct, behaviour and procedures are followed by volunteers when undertaking operational duties, community engagement activities and fundraising events.

Where appropriate, safeguarding considerations are incorporated into training, operational procedures and community activities. Volunteers are expected to act responsibly and professionally when representing the charity and interacting with members of the public.

The trustees review safeguarding practices periodically to ensure that appropriate measures remain in place and that the charity continues to operate in line with good practice guidance provided by the Charity Commission for England and Wales and sector organisations such as the National Independent Lifeboat Association.

Volunteer Recognition

Loughor Inshore Rescue is entirely volunteer-led, and the trustees would like to recognise the dedication and commitment of all those who give their time and energy to support the charity.

The operational crew, shore crew, fundraising volunteers and trustees all play an essential role in ensuring the charity can continue to provide a lifesaving service to the local community. Volunteers give their time not only to respond to incidents, but also to maintain equipment, participate in training exercises, organise fundraising events and engage with the public.

The trustees would like to express their sincere gratitude to every volunteer who contributes to the success of the organisation. Their dedication ensures that Loughor Inshore Rescue remains a trusted and valued part of the community.

The charity is also extremely grateful for the continued support of local residents, businesses and donors whose generosity helps sustain the service.

Chair of Trustees (Date & Sign) ……… 13/07/26

Loughor Inshore Rescue
Loughor Inshore Rescue
Loughor Inshore Rescue
Loughor Inshore Rescue
Loughor Inshore Rescue
CC16a
For the period
from
01/01/2024 To
Section A Receipts and payments
Unrestricted
funds
to the nearest
£
A1 Receipts
Restricted
funds
to the nearest £
Endowment
funds
to the nearest £
Total funds
to the nearest £
Last year
to the nearest £
Events -
5,800-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
5,800-
-
604-
-
21,012-
-
404-
-
82-
-
40-
-
--
-
--
-
--
Donation Pots -
604-
-
--
-
--
Donations -
21,012-
-
--
-
--
Direct Debits -
404-
-
--
-
--
Interest -
82-
-
--
-
--
Go Cardless -
40-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total(Gross income for
AR)
-
27,941-
A2 Asset and investment sales,
(see table).
-
27,941-
-
--
-
--
-
27,941-
-
--
A2 Asset and investment sales,
(see table).
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total-
--
Total receipts -
27,941-
A3 Payments
-
--
-
--
-
--
-
--
-
--
-
27,941-
-
--
-
--
-
27,941-
-
--
Running Costs -
9,624-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
9,624-
-
480-
-
1,305-
-
496-
-
6,173-
-
--
-
--
-
--
-
--
-
--
Operational costs -
480-
-
--
-
--
Maintenance -
1,305-
-
--
-
--
Training -
496-
-
--
-
--
Equipment -
6,173-
-
--
-
--
Fundraising -
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total -
18,079-
A4 Asset and investment
purchases, (see table)
-
18,079-
-
--
-
--
-
18,079-
-
--
A4 Asset and investment
purchases, (see table)
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Sub total -
--
Total payments -
18,079-
Net of receipts/(payments) -
9,862-
A5 Transfers between funds
-
--
A6 Cash funds last year end
-
--
Cash funds this year end -
9,862-
-
--
-
--
-
--
-
--
-
18,079-
-
--
-
--
-
18,079-
-
--
-
9,862-
-
--
-
--
-
9,862-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
9,862-
-
--
-
--
-
--
-
--
-
9,862-
-
--
-
--

CCXX R1 accounts (SS)

04/05/2025

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
B1 Cash funds
Details Unrestricted
funds
to nearest £
Restricted
funds
to nearest £
Endowment
funds
to nearest £
-
--
-
--
-
--
Cash -
6,008-
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
Signed by one or two trustees on
behalf of all the trustees
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
IRB rib craft
ERB Zodiac Craft
New Holland Tractor
Lifeboat station
Hovercraft
Details
Signature
-
6,008-
-
--
-
--
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Fund to which
asset belongs
Cost (optional)
-
--
-
--
-
--
-
--
-
--
Fund to which
asset belongs
Cost (optional)
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
Fund to which
liability relates
Amount due
(optional)
-
--
-
--
-
--
-
--
-
--
Print Name
Endowment
funds
to nearest £
-
--
-
--
-
--
-
--
-
--
-
--
Current value
(optional)
-
--
-
--
-
--
-
--
-
--
Current value
(optional)
-
--
-
--
-
--
-
220,000-
-
24,000-
-
--
-
--
-
--
-
--
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

04/05/2025

2

CCXX R3 accounts ISSI 0410512025

CCXX R4 accounts ISSI 0410512025

CHARITY (OMMISSION FOR ENGLAND AND WAIES Independent examlnerfs report on the accounts Section A Independent Examlner's RÈport Report to the trustees Loughor Inshore Rescue On accounts for the year endèd 2024 Charlty no 1 1024113 Ilf any) Set out on pages I report to the trustees on my examination of the a¢counts of the abo Charity {Yhe TnJst"} for the year ended 31112 12024 Responsibilities and basis of report As the charills trustees, you are responsible for the prepa1al￿n ol the accounts in accordance with the requirements of the Ch8ntses A¢A 2011 (Ihe Act). I report in respect of my examination of the Trust's accounls caffied OLrt under section 145 of the 2011 Act and in carying out my examination. I have followed all the applicable Directions given by the Charity commi￿on under section 145{5){bl of the Act. Independent I have completed my examination. I confirm that no material matters have examiners statew*nt come to my attention in connection with the examination lolher than that disclosed below") which gives me cause to believe that in, any material respecl". the accounting records were not kept in accordance wth sect￿1n 130 of the Charities Act- or the accounts did not accord wtth the aecounling records," or the accounts did not eomply with the applicable requirements con￿mIng the fom and conlenl of accounts sel out in the Charities (Accounts) Regulations 2008 other than any requirement that the accosjnts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connecbon with the examination to which attention should be drawn in this report In order to enable a proper understanding of the accounts to be reathed. . Please delete Ihe words in the brdckets if Ihey do not ap￿Y. Signed: Date: ' 1 (11712026 Relevant pn>fessional quabrfKa￿OTr￿$I or body (rf aftyl: Address: IER Oct 2018

Section 8 Dlsclosur• Only complele If Ihe examiner need5 to highlighl mglerial mallers of concern (see CC32, Independenl examin8lion of charity accounts, direGlions and guidance for e¥8mlners}. here brlef detalls ol any ftems that the oxamlner wlshes lo dlscloso. C(￿ C(MTrJr Oct 2018