THE ROYAL NATIONAL LIFEBOAT INSTITUTION
Charity overview
Activities - how the charity spends its money
To save lives, promote safety and rescue service efficiency, and provide relief from disaster at sea and on inland and flood waters; to advance the education of the public in matters relating to sea, inland and flood water safety, and in the history and heritage of the Institution; to relieve/assist those who have been involved in saving lives at sea and on inland and flood waters in any capacity.
Income and expenditure
Data for financial year ending 31 December 2023
Total income:
£249,600,000
Donations and legacies | £222.60m | |
Charitable activities | £4.90m | |
Other trading activities | £16.30m | |
Investments | £4.60m | |
Other | £1.20m |
Total expenditure:
£242,600,000
Raising funds | £57.00m | |
Charitable activities | £185.60m | |
Other | £0 |
£12,200,000 investments gains (losses)
Total income includes £4,711,245 from 38 government contract(s) and £158,222 from 3 government grant(s)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
Raising funds and other expenditure | £57.00m | |
Charitable expenditure | £185.60m | |
Retained for future use | £7.00m |
Raising funds and other expenditure | £57.00m | |
Charitable expenditure | £185.60m | |
Retained for future use | £19.20m |
People
2445 Employee(s)
13 Trustee(s)
23252 Volunteer(s)
Employees with total benefits over £60,000
Number of employees | |
---|---|
£60k to £70k | 81 |
£70k to £80k | 24 |
£80k to £90k | 27 |
£90k to £100k | 9 |
£100k to £110k | 5 |
£110k to £120k | 4 |
£120k to £130k | 2 |
£150k to £200k | 2 |
Fundraising
Trading
Trustee payments
What, who, how, where
- General Charitable Purposes
- Education/training
- The Advancement Of Health Or Saving Of Lives
- Arts/culture/heritage/science
- The General Public/mankind
- Makes Grants To Individuals
- Makes Grants To Organisations
- Provides Human Resources
- Provides Buildings/facilities/open Space
- Provides Services
- Provides Advocacy/advice/information
- Sponsors Or Undertakes Research
- Throughout England And Wales
- Bangladesh
- Guernsey
- Ireland
- Isle Of Man
- Jersey
- Northern Ireland
- Scotland
- Tanzania
Governance
- 28 January 1963: Standard registration
- 30 July 1997: Removed (Funds spent up (s.75))
- LIFEBOATS (Working name)
- RNLI (Working name)
- ROYAL NATIONAL LIFEBOAT INSTITUTION FOR THE PRESERVATION OF LIFE FROM SHIPWRECK (Previous name)
- ROYAL NATIONAL LIFE-BOAT INSTITUTION FOR THE PRESERVATION OF LIFE FROM SHIPWRECK (Previous name)
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- 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
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service
13 Trustee(s)
Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
---|---|---|---|---|---|---|---|---|
Janet Legrand | Chair | 26 January 2023 |
|
|||||
Commodore Andrew Jordan | Trustee | 07 July 2023 |
|
|||||
Roger Fairhead | Trustee | 07 July 2023 |
|
|
||||
Jamshaid Islam | Trustee | 22 July 2022 |
|
|||||
Mark Sedwill | Trustee | 22 July 2022 |
|
|
||||
Mark Gregory Wordsworth | Trustee | 15 April 2021 |
|
|||||
Dr John James Killeen | Trustee | 05 November 2020 |
|
|
||||
Fiona Catherine Fell | Trustee | 05 November 2020 |
|
|
||||
Paddy McLaughlin | Trustee | 05 November 2020 |
|
|
||||
Denis Woulfe OBE | Trustee | 17 July 2019 |
|
|
||||
Dr Philip Goodwin | Trustee | 19 July 2018 |
|
|
||||
Mike Sturrock | Trustee | 16 November 2016 |
|
|
||||
Sonia Modray | Trustee | 25 November 2015 |
|
|
Financial history
Financial period end date
Income / Expenditure | 31/12/2019 | 31/12/2020 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
---|---|---|---|---|---|---|---|
|
Total gross income | £197.21m | £199.17m | £219.91m | £231.80m | £249.60m | |
|
Total expenditure | £197.80m | £172.55m | £199.80m | £233.00m | £242.60m | |
|
Income from government contracts | £3.38m | £2.39m | £3.35m | £3.47m | £4.71m | |
|
Income from government grants | N/A | £5.88m | £385.20k | £286.91k | £158.22k | |
|
Income - Donations and legacies | £178.94m | £178.71m | £197.78m | £207.30m | £222.60m | |
|
Income - Other trading activities | £11.48m | £8.26m | £13.94m | £16.30m | £16.30m | |
|
Income - Charitable activities | £3.94m | £2.63m | £4.20m | £4.40m | £4.90m | |
|
Income - Endowments | £0 | £328.00k | £0 | £0 | £0 | |
|
Income - Investment | £2.18m | £1.60m | £1.27m | £3.30m | £4.60m | |
|
Income - Other | £672.00k | £7.98m | £2.73m | £500.00k | £1.20m | |
|
Income - Legacies | £126.54m | £131.58m | £137.60m | £140.76m | £156.90m | |
|
Expenditure - Charitable activities | £165.52m | £143.61m | £157.79m | £177.20m | £185.60m | |
|
Expenditure - Raising funds | £32.28m | £28.94m | £42.01m | £55.80m | £57.00m | |
|
Expenditure - Governance | £469.00k | £419.00k | £499.78k | £551.00k | £500.00k | |
|
Expenditure - Grants institution | £1.13m | £879.00k | £591.00k | £996.00k | £0 | |
|
Expenditure - Investment management | £493.00k | £493.00k | £564.00k | £313.00k | £200.00k | |
|
Expenditure - Other | £0 | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.
Long term InvestmentsInvestments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.
These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.
Defined benefit pension scheme asset or liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.
Asset / Liability | 31/12/2019 | 31/12/2020 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
---|---|---|---|---|---|---|---|
|
Own use assets | £475.70m | £468.00m | £466.00m | £475.40m | £481.40m | |
|
Long-term investments | £244.60m | £268.60m | £307.70m | £270.80m | £256.30m | |
|
Other assets | £72.30m | £84.10m | £83.00m | £78.30m | £94.10m | |
|
Defined benefit pension scheme asset or liability | -£34.10m | -£40.80m | -£34.40m | -£23.30m | -£13.80m | |
|
Total liabilities | £24.70m | £22.50m | £24.10m | £25.90m | £21.70m |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
---|---|---|---|---|
Annual return | 31 December 2023 | 31 October 2024 | On Time | |
Accounts and TAR | 31 December 2023 | 29 October 2024 | On Time | Download Open in new window |
Annual return | 31 December 2022 | 16 October 2023 | On Time | |
Accounts and TAR | 31 December 2022 | 16 October 2023 | On Time | Download Open in new window |
Annual return | 31 December 2021 | 29 July 2022 | On Time | |
Accounts and TAR | 31 December 2021 | 29 July 2022 | On Time | Download Open in new window |
Annual return | 31 December 2020 | 10 September 2021 | On Time | |
Accounts and TAR | 31 December 2020 | 10 September 2021 | On Time | Download Open in new window |
Annual return | 31 December 2019 | 16 October 2020 | On Time | |
Accounts and TAR | 31 December 2019 | 16 October 2020 | On Time | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
ROYAL CHARTER GRANTED 24/04/1860 AS AMENDED BY SUPPLEMENTAL CHARTER DATED 02/05/1932 AS AMENDED BY SUPPLEMENTAL CHARTER DATED 24/04/1986 AS AMENDED ON 11/02/1998 AS AMENDED ON 16/07/2002 AS AMENDED ON 01/11/2011
Charitable objects
3. THE OBJECT OF THE INSTITUTION ("THE OBJECT") SHALL BE TO SAVE LIVES AT SEA AND ON INLAND AND FLOOD WATERS. IN ORDER TO ACHIEVE THE OBJECT, THE POWERS OF THE INSTITUTION SHALL WITHOUT LIMITATION INCLUDE THE FOLLOWING: 3.1 TO PROMOTE SAFETY AND PROVIDE RELIEF FROM DISASTER AT SEA AND ON INLAND AND FLOOD WATERS; 3.2 TO ADVANCE THE EDUCATION OF THE PUBLIC IN MATTERS RELATING TO SAFETY AT SEA AND ON INLAND AND FLOOD WATERS AND IN THE HISTORY AND HERITAGE OF THE INSTITUTION; 3.3 TO PROMOTE THE EFFICIENCY OF RESCUE SERVICES AT SEA AND ON INLAND AND FLOOD WATERS; AND 3.4 TO RELIEVE AND ASSIST THOSE WHO HAVE BEEN INVOLVED IN SAVING LIVES AT SEA AND ON INLAND AND FLOOD WATERS IN ANY CAPACITY AND WHO ARE IN NEED OF SUCH RELIEF OR ASSISTANCE BY REASON OF POVERTY, DISABILITY, INFIRMITY OR OTHERWISE, AND THE DEPENDENTS.
Area of benefit
PRIMARILY BUT NOT EXCLUSIVELY IN AND AROUND THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, THE ISLE OF MAN, THE CHANNEL ISLANDS AND THE REPUBLIC OF IRELAND.
Linked charities
- ARTHUR VESSEY MACHIN
- BARTLETT, BOUSTRED, HOOPER AND THORNTON FUND
- CHARITY CONSISTING OF THE PROCEEDS OF SALE OF THE ELIZABETH SIMPSON LIFEBOAT
- CHARLES CARR ASHLEY
- EDITH HARRIET MARY WALKE
- EDWIN KAY
- ELIZABETH SIMPSON LIFE BOAT FUND
- GEORGE WEBSTR
- GIFT OF MRS N WALSHAW
- GORLESTON LIFEBOAT FUND
- GORLESTON VOLUNTEER LIFEBOAT ASSOCIATION
- HENRY THOMAS RICHARDSON
- ISABELLA IRWIN
- J W WEST FUND
- JAMES GOWLAND
- JAMES HODGKINSON WAINWRIGHT
- JAMES MICHAEL BOWER GIFT
- JAMES NEILSON PATERSON
- JOHN JONES ROWLAND
- JOHN WILLIAM ARCHER
- LANGSTRETH CULLIFORD TRUST
- LIFE-BOATMEN'S BENEVOLENT FUND
- LINCOLNSHIRE COAST SHIPWRECK ASSOCIATION
- LOUIS GEORGE ANDERSON DUNN
- MISS A CHARLTON ROWSE GIFT
- MISS ANNIE GERTRUDE SHAYLER
- MISS MAUD SMITH'S REWARD
- MR AND MRS W J HEDDLE KIRKWELL BEQUEST
- MRS ALICE GOTTWALD
- MRS ANNA S STOCK (STOCK MEMORIAL FUND)
- MRS HELEN BLAKE
- MRS NELLIE EVA CARLISLE
- MRS SADIE HUGHES
- RALPH GLISTER AWARD
- REARDON SAMARITAN FUND
- RNLI HERITAGE COLLECTION TRUST 2012
- RNLI HERITAGE TRUST
- SALCOMBE LIFE-BOAT DISASTER RELIEF FUND
- SIR CECIL A COCHRANE MEMORIAL FUND
- THE GEORGE NICHOL CHARITY FOR THE ROYAL NATIONAL LIFEBOAT INSTITUTION
- WHITBY AND UPGANG LIFEBOAT FUND
- WILLIAM DUNNETT
- WILLIAM JAMES AND HANNAH MATLEY
- WILLIAM STEPHEN MELLIS
- 28 January 1963 : Standard registration
- 30 July 1997 : Removed
Contact information
- Address:
-
RNLI
West Quay Road
Poole
BH15 1HZ
- Phone:
- 0300 300 9990
- Website:
Tell us whether you accept cookies
We use cookies to collect information about how you use your Charity Commission Account, such as pages you visit.
We use this information to better understand how you use our website so that we can improve your user experience and present more relevant content.
Thank you for your feedback. Do you have 5 minutes to tell us what you think of this service?Open in new window