Lyall Bay Reef Charitable Trust — Sports & Recreation Charity in Wellington

Lyall Bay Reef Charitable Trust is a Charitable Trust charity in the Sports & Recreation sector, based in Wellington, Wellington. CharityData rates this charity B- (73.8/100). Annual revenue: $0.0M NZD. Financial data as at June 2025.

Mission: To construct an artificial surf reef in Lyall Bay. This purpose has been abandoned due to technical difficulties of such reefs constructed elsewhere. As a result, we are looking to fund other surf related projects in Lyall Bay.

Registration Number
CC27708
Charity Type
Charitable Trust
Registration Date
2008-06-30
Status
Active
CharityData Rating
B- (73.8/100)
Sector
Sports & Recreation
Location
Wellington, Wellington
Email
sloan@squirrel.co.nz
Data as at
June 2025

Beneficiaries: General public

Financial Summary

Total Revenue
$0.0M NZD
Total Expenses
$0.0M NZD
Reserve Months
992.5 months of operating expenses
Volunteers
0
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$0.0M$0.0M-
2024$0.0M$0.0M-
2023$0.0M--
2022$0.0M-$0.1M
2021$0.0M-$0.1M
2020$0.0M-$0.1M
2019$0.0M-$0.1M
2018$0.0M-$0.1M
2017$0.0M-$0.1M
2016$0.0M-$0.1M

CharityData Rating

Overall Grade
B-
Overall Score
73.8/100
Financial Score
77.5
Governance Score
65
Transparency Score
65

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Sloan McPheeTrustee2023-03-25
Daniel EvesTrustee2023-03-25
Paul WatsonTrustee2023-03-25
Christian BonnevieTrustee2023-03-25
Roger TitcombeTrustee2008-06-30

Former Officers (4)

  • Murray Mexted — Trustee (departed 2023-03-25)
  • Peter Brady — Trustee (departed 2023-03-25)
  • Daryl Sykes — Trustee (departed 2023-03-25)
  • Anthony James Lines — Trustee (departed 2023-03-25)

Similar Charities in Sports & Recreation

Sports & RecreationCharitable Trust

Lyall Bay Reef Charitable Trust

CC27708Wellington, WellingtonRegistered 30 Jun 2008
Data updated: 3 days ago
Financials30 Jun 2025Rating3d ago

Financial data as at June 2025. Sourced from Charities Services register.

B-
74/100
Financial
78
Governance
65
Transparency
65

Reasons to look carefully (1)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • No chair recorded on the register
    No chair or presiding role is recorded in the register for this board of 5. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$4.0K

Expenses

$1.0K

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

About

Mission

To construct an artificial surf reef in Lyall Bay. This purpose has been abandoned due to technical difficulties of such reefs constructed elsewhere. As a result, we are looking to fund other surf related projects in Lyall Bay.

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$4.0K
Total Expenses
$1.0K
Net Assets
-
Volunteers
0

Financial Trends

Financial Trends (17 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
992.5mo
Could operate 992.5 months with zero revenue
Over-capitalized
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Investment Income
Investment Income100.0%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 291 peers · Sports & Recreation · Under $100K

Rating Score
74
#9/292
Revenue
$4K
#247/292
Reserve Months
992.5
#1/292
Surplus
$3K
#113/292
Staff Cost %
0%
#1/292

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

B-
Score: 73.8/100
Financial
77.5
Governance
65
Transparency
65
Why this grade: Financial 78 × 40% + Governance 65 × 60% = 70 → B-.
View Full Score Breakdown

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Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC27708
Entity TypeCharitable Trust
Registered30 Jun 2008
StatusRegistered

Sector & Activities

Primary Sector
Sports & Recreation
Activities
Provides buildings / facilities / open spaceOther - Acts an Umbrella body

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 4 October 2026.