To give you an idea of just how much money it takes to keep the RNLI going, here are just a few of the costs involved.
A brand new Tamar class lifeboat like the RNLB Misses Robertson of Kintail costs £2.7 million today.
These boats require refitting every 3-5years, a process which costs £150,000 - £255,000. This works out at an average of around £57,000 per year maintenance.
This figure does not include the cost of fuel and all the other costs incurred with every single launch.
It costs on average £1214 per person per year to train the crew.
This is well over £35,000 per year in training for Peterhead Lifeboat Station.
Outfitting a lifeboatman is another highly expensive process.
Not including the thermal suit and drysuit (which are not required wear for every person on the lifeboat) this is still just over £1000 of equipment per person.
This does not include the specialised gear that RNLI lifeguards use - wet suits, rescue board, rescue tube, binoculars, spinal board, radio, first aid kit and other assorted gear.