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Charity registration number: 1003956
North of Tyne Mountain Rescue Team
Annual Report and Financial Statements
for the Year Ended 31 July 2022
VirtualSignature Transaction Ref. FBGM-RXZD-ZGLH 21 Mar 2023 21:58:23 GMT (UTC +0) D 4/4 P 2/23
North of Tyne Mountain Rescue Team
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Comparative Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 21 |
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North of Tyne Mountain Rescue Team Reference and Administrative Details
Trustees P Mitchinson D Jeffries T M Hill W Grainger K Briggs J P Cooper M O Silmon R Smith S Souter K Warner J D Sellars B Kemp M Farr R Ayre H Sansum G Elder D Smith Charity Registration Number 1003956 Principal Office 1 Ashcroft Drive Forrest Hall Newcastle upon Tyne NE12 9LN Independent Examiner Simon Brown BA ACA DChA Azets Audit Services Bulman House Regent Centre Gosforth Newcastle upon Tyne NE3 3LS Bankers HSBC Grey Street 110 Grey Street Newcastle upon Tyne NE1 6JG
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VirtualSignature Transaction Ref. FBGM-RXZD-ZGLH 21 Mar 2023 21:58:23 GMT (UTC +0) D 4/4 P 4/23
North of Tyne Mountain Rescue Team
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 July 2022.
Reference and Administrative Details
Structure, governance and management
Nature of governing document
North of Tyne Mountain Rescue Team (NoTMRT) is a registered charity in accordance with its Constitution dated 1 September 1986 and amended 9 January 1991, 7 July 1991, 16 September 1992 and last amended 16 September 2010.
The charity is affiliated to the North East Search and Rescue Association and Mountain Rescue (England and Wales), both of which are registered charities.
Recruitment and appointment of trustees
New trustees undergo an induction process to brief them on their legal obligations under charity law, the contents of the Constitution, the committee and decision making processes, the business plan and recent financial performance of the charity.
All trustees are re-elected at the AGM in September.
Arrangements for setting key management personnel remuneration
The board, who give their time freely, and no trustees received remuneration in the year,
They have noted that there are no Key Management Personnel (KMP). The board are in charge of directing and controlling, running and operating the activities of the charity on a day to day basis.
Organisational structure
Membership of NoTMRT shall be in four categories:
Full Membership - open to all persons over the age of 18 who have successfully completed a trainee period and who have shown satisfactory level of ability and commitment.
Trainee Membership - anyone over 18 may apply. Approval at the discretion of the committee.
Honorary Positions - offered at discretion of the committee, by election at AGM or SGM. Can attend all meetings but have no voting rights.
Associate Membership - open to any individual or organisation who wishes to support the team in a non-operational/training capacity, can attend all meetings but have no voting rights.
The charity is managed by its committee.
They endeavour to meet 6 times a year and hold an AGM each September.
A quorum for a meeting is 6 voting members.
Voting members are accorded only to elected officers and the most recent past team leader. Each has one vote and the chairman a cast vote if tied.
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North of Tyne Mountain Rescue Team
Trustees' Report
Team Committee
At each AGM the following officers shall be elected:
Chairman Team leader Deputy Team Leader Secretary Treasurer Training Co-ordinator Communications Officer Equipment Officer Medical Officer Fundraising and Promotions Officer Vehicle Officer Two Full team members A representative to N.E.S.R.A. A representative to MREW
Equality Statement
The team is committed to addressing issues of prejudice and discrimination in relation to mental wellbeing, political belief, gender and gender identity, sexual preference or orientation, disability, marital or partnership status, race, nationality, ethnic origin, religious or spiritual identity, age or socio-economic class of individuals and groups within the team.
Risk Policy
The trustees are responsible for assessing the major risks to which the charity is exposed, and for establishing systems to mitigate those risks, they have considered risks which could have a negative effect on the charitable company's ability to pursue its aims, both in terms of likelihood of these occurring and the probable impact of such events. The trustees continue to review and monitor these risks, and the adequacy of the systems in place to reduce them.
Objectives and activities
Objects and aims
The object of the charity is to provide a search and rescue team trained to save life and alleviate distress amongst persons affected by accidents, disasters or natural hazards within the Northumbria Police Force Area or any other place if requested. In furtherance of this object the Team shall have the power:
To provide safety cover for outdoor events
To further relationships with Northumberland National Park Mountain Rescue Team, and member teams of North East Search and Rescue Association (NESRA) and police forces within the operational area of NESRA
To fully support the activities of NESRA and Mountain Rescue (England & Wales) (MREW).
Fundraising disclosures
The charity is required to report how it deals with fundraising from the public. The charity does not use a professional fundraiser or commercial participator to raise funds. Any monies raised direct from the public follows all guidelines set out by the Charity Commission and UK law in every respect. We respect the privacy and contact preferences of all public donors.
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North of Tyne Mountain Rescue Team
Trustees' Report
Public benefit
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Use of volunteers
All team members are volunteers and give their time freely to manage the team, participate in team activities, especially call-outs, as well as in raising funds.
Achievements and performance
The team continues to be extremely busy, attending 51 incidents with 20 rescues (known locations, injured etc), 30 searches (vulnerable MISPERs and lost in the outdoors) and 1 search and rescue (Lost and injured etc). These are supporting operations either from Northumbria Police, NEAS, and in support of other teams within NESRA. The team continues to sustain our volunteer numbers, with 44 full team members and a significant number of trainees whom we are supporting and guiding towards full-team membership.
Some of the significant achievements during the last 12 months are highlighted below:
• Our partnership with Helly Hansen continues to strengthen, with team equipment (clothing) being delivered during May for all operational team members.
• We purchased new transceivers ready to be utilised during the winter months on callouts and training.
• A new team response vehicle (Land Rover Defender) has been ordered, to be brought into operation in 2023. This was made possible by a significant donation from the Mark Benevolent fund
• For the first time since the pandemic, we ran our flagship Allendale Challenge event with great success, bolstering the team’s finances. We envisage that this will continue as the COVID restrictions are lifted further.
Importantly, we continue to move forward in developing the teams’ paperwork and formalising our procedures in line with MREW guidelines. We also continue to have joint training sessions with NNPMRT and occasionally (usually annually) with the Border teams from Scotland.
Financial review
Policy on reserves
The calculation of free reserves is based on the definition included in the charity statement of recommended practice (SORP), which provides recommendations for accounting and reporting for charities. The trustees have examined the requirements of the charity to hold free reserves - those reserves not invested in tangible fixed assets, excluding long term liabilities, or designated for a particular purpose. The Trustees considered it would be appropriate to hold the equivalent of one years expenditure, which would equate to holding approximately £40,000 in free reserves. In addition to this, the trustees considered that it would be appropriate to identify a designated fund equal to the tangible fixed asset cost. The purpose of the designated fund is to provide short term, immediate finance in the event of a total loss of team assets and as a consequence the ability to operate the charity.
As a result, at the year-end, the fixed tangible asset cost was £151,834 (designated fund) with unrestricted funds (*excluding those designated) of £85,102 and free reserves of £78,699.
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North of Tyne Mountain Rescue Team
Trustees' Report
Going concern
The charity’s forecasts and projections for the next twelve months show that the charity should be able to continue in operational existence for that period, The charity has strong positive cash balances and is forecasting for this to continue to be the case. The trustees have stress tested their forecasts, taking into account various scenarios, and remain confident that the uncertainties do not cast significant doubt on the company’s ability to continue as a going concern.
Plans for future periods
Aims and key objectives for future periods
Importantly, we continue to move forward in developing the teams’ paperwork and formalising our procedures in line with MREW guidelines. We also continue to have joint training sessions with NNPMRT and occasionally (usually annually) with the Border teams from Scotland.
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Reappointment of independent examiner
A resolution to re-appoint Simon Brown BA ACA DChA as independent examiner for the ensuing year will be proposed at the annual general meeting.
The annual report was approved by the trustees of the charity on 21/03/2023 .................... and signed on its behalf by:
Jonathan Sellars 21 Mar 2023 21:58:20 GMT (UTC +0) ......................................... J D Sellars Trustee
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North of Tyne Mountain Rescue Team
Independent Examiner's Report to the trustees of North of Tyne Mountain Rescue Team
I report to the trustees on my examination of the accounts of North of Tyne Mountain Rescue Team for the year ended 31 July 2022.
Responsibilities and basis of report
As the charity trustees of North of Tyne Mountain Rescue Team you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the North of Tyne Mountain Rescue Team's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of North of Tyne Mountain Rescue Team as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Simon Brown BA ACA DChA Azets Audit Services Bulman House Regent Centre Gosforth Newcastle upon Tyne NE3 3LS Date:.............................
Azets Audit Services is a trading name of Azets Audit Services Limited..
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North of Tyne Mountain Rescue Team Statement of Financial Activities for the Year Ended 31 July 2022
| Note Income and Endowments from: Donations and legacies 2 Other trading activities 3 Investment income 4 Other income 5 Total Income Expenditure on: Raising funds 6 Charitable activities 7 Total Expenditure Net income Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted £ 27,329 25,414 41 4,500 57,284 (8,400) (27,982) (36,382) 20,902 2,500 23,402 213,534 236,936 |
Restricted £ 2,500 - - - 2,500 - - - 2,500 (2,500) - - - |
Total 2022 £ 29,829 25,414 41 4,500 59,784 (8,400) (27,982) (36,382) 23,402 - 23,402 213,534 236,936 |
Total 2021 £ 24,207 14,792 562 4,025 |
|---|---|---|---|---|
| 43,586 | ||||
| (1,041) (19,019) |
||||
| (20,060) | ||||
| 23,526 - |
||||
| 23,526 190,008 |
||||
| 213,534 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 16.
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North of Tyne Mountain Rescue Team
Comparative Statement of Financial Activities for the Year Ended 31 July 2021
| 31 July 2021 | |||
|---|---|---|---|
| Note Income and Endowments from: Donations and legacies 2 Other trading activities 3 Investment income 4 Other income 5 Total income Expenditure on: Raising funds 6 Charitable activities 7 Total expenditure Net income Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted £ 22,307 14,792 562 4,025 41,686 (1,041) (17,783) (18,824) 22,862 664 23,526 190,008 213,534 |
Restricted £ 1,900 - - - 1,900 - (1,236) (1,236) 664 (664) - - - |
Total 2021 £ 24,207 14,792 562 4,025 |
| 43,586 | |||
| (1,041) (19,019) |
|||
| (20,060) | |||
| 23,526 - |
|||
| 23,526 190,008 |
|||
| 213,534 |
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North of Tyne Mountain Rescue Team
(Registration number: 1003956) Balance Sheet as at 31 July 2022
| (Registration number: 1003956) Balance Sheet as at 31 July 2022 |
||
|---|---|---|
| Note Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand Creditors: Amounts falling due within one year 15 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 16 |
2022 £ 6,403 5,507 227,245 232,752 (2,219) 230,533 236,936 236,936 236,936 |
2021 £ 5,864 1,232 208,157 |
| 209,389 (1,719) |
||
| 207,670 | ||
| 213,534 | ||
| 213,534 | ||
| 213,534 |
The financial statements on pages 7 to 21 were approved by the trustees, and authorised for issue on 21/03/2023 .................... and signed on their behalf by:
Jonathan Sellars 21 Mar 2023 21:58:20 GMT (UTC +0)
......................................... J D Sellars Trustee
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
North of Tyne Mountain Rescue Team meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The functional currency is sterling.
Exemption from preparing a cash flow statement
The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Going concern
The charity’s forecasts and projections for the next twelve months show that the charity should be able to continue in operational existence for that period,The charity has strong positive cash balances and is forecasting for this to continue to be the case. The trustees have stress tested their forecasts, taking into account various scenarios, and remain confident that the uncertainties do not cast significant doubt on the company’s ability to continue as a going concern.
Estimation uncertainty and judgements
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported.
Management have provided depreciation, prepayments, accruals and other cut-off adjustments. Whilst management believe that these estimates and judgements are accurate, there is every likelihood that they will not be exact.
These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
Other trading activities
Income from commercial trading activities is recognised as earned.
Investment income
Investment income is recognised on a receivable basis.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
All fixed assets are initially recoded at cost. The carrying values of tangible fixed assets are reviewed for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Motor vehicles Equipment
Depreciation method and rate 10 years straight line 5 years straight line
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Trade debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
2 Income from donations and legacies
| Donations and legacies; Donations from companies, trusts and similar proceeds Donations from individuals |
Unrestricted funds General £ 1,000 26,329 27,329 |
Restricted funds £ 2,500 - 2,500 |
Total 2022 £ 3,500 26,329 29,829 |
Total 2021 £ 1,900 22,307 |
|---|---|---|---|---|
| 24,207 |
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
Donations from Individuals
| General Donations Charities Trust Collections Virgin Money Giving PayPal Cold Brew Events Donor Limited Gift Aid |
2022 £ 9,614 500 4,128 2,501 4,318 3,000 1,135 1,133 26,329 |
2021 £ 9,873 1,056 2,653 5,418 3,307 - - - |
|---|---|---|
| 22,307 |
3 Income from other trading activities
| Activities to raise Funds Events to raise funds 4 Investment income Interest receivable and similar income; Interest receivable on bank deposits |
Unrestricted funds General £ 25,414 25,414 Unrestricted funds General £ 41 |
Total funds £ 25,414 25,414 Total 2022 £ 41 |
Total 2021 £ 14,792 |
|---|---|---|---|
| 14,792 | |||
| Total 2021 £ 562 |
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
5 Other income
| 5 Other income |
||
|---|---|---|
| Other income Event Cover |
2022 £ - 4,500 4,500 |
2021 £ 580 3,445 |
| 4,025 |
6 Expenditure on raising funds
a) Costs of trading activities
| Fundraising trading costs; Fundraising Purchases Insurance T Shirts Motor vehicle expenses |
Unrestricted General £ 8,400 8,400 |
Total 2022 £ 8,400 8,400 2022 £ 4,293 668 3,267 172 8,400 |
Total 2021 £ 1,041 |
|---|---|---|---|
| 1,041 | |||
| 2021 £ 929 - 112 - |
|||
| 1,041 |
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
7 Expenditure on charitable activities
| Search and rescue activities Governance costs Search and rescue acctivities Governance costs Search and rescue activities Governance costs |
Activity undertaken directly £ 25,782 - 25,782 |
Unrestricted funds General £ 25,782 2,200 27,982 Unrestricted funds General £ 16,058 1,725 17,783 Activity support costs £ - 2,200 2,200 |
Restricted funds £ - - - Restricted funds £ 1,236 - 1,236 2022 £ 25,782 2,200 27,982 |
Total 2022 £ 25,782 2,200 |
|---|---|---|---|---|
| 27,982 | ||||
| Total 2021 £ 17,294 1,725 |
||||
| 19,019 | ||||
| 2021 £ 17,294 1,725 |
||||
| 19,019 |
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North of Tyne Mountain Rescue Team Notes to the Financial Statements for the Year Ended 31 July 2022
8 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements |
Unrestricted funds General £ 2,200 2,200 |
Total 2022 £ 2,200 2,200 |
Total 2021 £ 1,725 |
|---|---|---|---|
| 1,725 |
The charity allocates costs direct to activites as far as possible, then identifies the remaining costs of its support functions. It then identifies those costs which relate to the governance function. Having identified its governance coists, the remaining support costs together with the governance costs are apportioned between the key charitable activities undertaken in the year. The basis for apportionment and the analysis of support and governance costs is set out as follows:
Direct to governance: Accounting and examination fees, payroll and sundries. Direct to charitable activities: All other expenses.
9 Net incoming/outgoing resources
Net incoming resources for the year include:
| Independent examiner fees | 2022 £ 2,200 |
2021 £ 1,725 |
|---|---|---|
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North of Tyne Mountain Rescue Team Notes to the Financial Statements for the Year Ended 31 July 2022
10 Trustees remuneration and expenses
During the year the charity made the following transactions with trustees:
J P Cooper
£355 (2021: £68) of expenses were reimbursed to J P Cooper during the year.
J D Sellars
£Nil (2021: £279) of expenses were reimbursed to J D Sellars during the year.
R Smith
£Nil (2021: £1,500) of expenses were reimbursed to R Smith during the year.
K Briggs
£98 (2021: £101) of expenses were reimbursed to K Briggs during the year.
W Grainger
£680 (2021: £35) of expenses were reimbursed to W Grainger during the year.
M O Silmon
£Nil (2021: £157) of expenses were reimbursed to M O Silmon during the year.
M Farr
£Nil (2021: £146) of expenses were reimbursed to M Farr during the year.
T M Hill
£275 (2021: £Nil) of expenses were reimbursed to T M Hill during the year.
H Sansum
£94 (2021: £Nil) of expenses were reimbursed to H Sansum during the year.
B Kemp
£36 (2021: £Nil) of expenses were reimbursed to B Kemp during the year.
G Elder
£247 (2021: £Nil) of expenses were reimbursed to G Elder during the year.
D Smith
£156 (2021: £Nil) of expenses were reimbursed to D Smith during the year.
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any other benefits from the charity during the year.
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
11 Independent examiner's remuneration
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Examination | of the financial statements | 2,200 | 1,725 |
12 Taxation
The charity is a registered charity and is therefore exempt from taxation.
13 Tangible fixed assets
| Cost At 1 August 2021 Additions At 31 July 2022 Depreciation At 1 August 2021 Charge for the year At 31 July 2022 Net book value At 31 July 2022 At 31 July 2021 14 Debtors Trade debtors Prepayments Other debtors |
Furniture and equipment £ 44,430 3,620 48,050 38,566 3,081 41,647 6,403 5,864 |
Furniture and equipment £ 44,430 3,620 48,050 38,566 3,081 41,647 6,403 5,864 |
Motor vehicles £ 107,404 - |
Total £ 151,834 3,620 155,454 145,970 3,081 149,051 6,403 5,864 2021 £ - 405 827 |
|
|---|---|---|---|---|---|
| 48,050 | 107,404 | ||||
| 38,566 3,081 |
107,404 - |
||||
| 41,647 | 107,404 | ||||
| 6,403 | - | ||||
| 5,864 | - | ||||
| 2022 £ 3,500 405 1,602 5,507 |
|||||
| 1,232 |
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
| 15 Creditors: amounts falling due within one year | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Accruals | 2,219 | 1,719 |
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North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
16 Funds
| 16 Funds | |||||
|---|---|---|---|---|---|
| Unrestricted funds General General funds Arnold Clark Designated Tangible Fixed Assets Total unrestricted funds Restricted funds Calor Gas Total funds |
Balance at 1 August 2021 £ 61,700 - 61,700 151,834 213,534 - 213,534 |
Incoming resources £ 56,284 1,000 57,284 - 57,284 2,500 59,784 |
Resources expended £ (35,382) (1,000) (36,382) - (36,382) - (36,382) |
Transfers £ 2,500 - 2,500 - 2,500 (2,500) - |
Balance at 31 July 2022 £ 85,102 - |
| 85,102 151,834 |
|||||
| 236,936 - |
|||||
| 236,936 |
The designated tangible fixed asset fund has been established based on the total cost of assets held by the charity. The designation has been made to provide short term, immediate finance in the event of a total loss of team assets and as a consequence the ability to operate the charity.
The specific purposes for which the restricted funds are to be applied are as follows:
The Calor Gas donation restriction was met upon purchase of Avalanche transceivers therefore the amount is now transferred to unrestricted
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VirtualSignature Transaction Ref. FBGM-RXZD-ZGLH 21 Mar 2023 21:58:23 GMT (UTC +0) D 4/4 P 23/23
North of Tyne Mountain Rescue Team
Notes to the Financial Statements for the Year Ended 31 July 2022
17 Analysis of net assets between funds
| 17 Analysis of net assets between funds | ||
|---|---|---|
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ Designated £ 6,403 - 80,918 151,834 (2,219) - 85,102 151,834 Unrestricted funds General £ Designated £ 5,864 - 57,555 151,834 (1,719) - 61,700 151,834 |
Total funds at 31 July 2022 £ 6,403 232,752 (2,219) |
| 236,936 | ||
| Total funds at 31 July 2021 £ 5,864 209,389 (1,719) |
||
| 213,534 |
18 Related party transactions
There were no related party transactions in the year.
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