LDMR Search Dogs Association Report of the Directors and Trustees and Financial Stalements for the year ended 31 December 2024 Keswick ACCOUNTANTS LDMR Search Dogs Assoclation Index to tho Flnanclal StatomentS for the year ended 31 December 2024 Page Charity Infomiation Trustees. Report Independent Examinerfs Report Slatemenl of Frnancial ActiV5ties statement of Ftnanclal Activities - Comparative Balance Sheet Notes to the Financial Statements 10 -14 LDMR Soarch Dogs Association Charlty Information for the year ended 31 December 2024 Ms E L Atherton . Secretary Mr M Evans Mr J Dunbavin Mr R Grange . Chair Mr M Gullen MrMGuy Mr D Houldridge: Treasurer Ms E Whiteford Mr R Wilson Mr T Woolley-wildgooso Prfnclpal and Reglstered Office clo 1 Collin Road Kendal Cumbria iA9 5HN Charfty Number 1015934 Independent Examiner Helen Holmes stables Thompson & Briscoe 34 LO￿rther Street Kendal LA9 4DX Investment Advlsors Brewin Dolphin Securities Ltd 34 Lisbon Street Leeds LS14LX Page 1 LDMR Search Dogs Assoclatlon Report of the Trustees for the year ended 31 D•cember 2024 The Twstees present their report thg Mth Ihe financial statements of the charity for the year ended 31st December 2024. The financial ststement has been wyed in accord￿ the accounting pra¢trces required by law and the charitys trust de￿, the Charibes Act 2011 and the Accountlng and Reporting by Charities: Statement of Recommended Practice (SORP) appkable to Charities preparing their accounts in accordance with the Fina￿la1 Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. Gov•mlng Document The Charity is an UnirKorporated Charity. govemed by a CortstitulTh. Réerultment and Appolntment of Trustees The only body with the power {￿1th1n the Temis of the Constittrtion) to appoint a Trustee is the f￿[ membership of the Charity. The Trustees are appointed at Annual General Meeting,{AGM) and hold offKe until Ihe foll￿1n9 Annual General Meeting. The Trustees must be members of the charty. and are made up of a Chairperson. Secretary. Treasurer. Callout C(Fordinator, Training Officer. Equipment Officer arKI two Committee members elected from the general membership. There is no bar on a Trustee standing for offte on successive tenns. Candidates for PO￿On8 conferring trusteeship must be nominated rK)t kss than 21 da￿ prior to the AGM, and Mtified to the membership not Jess than 14 days prior thereto. Constltutlon and objects The Associati¢)n is governed by ts consti1u￿. vthich revised in 21x11. amthmled in 2011. and is registered charity M. 1015934. Trus Conslitution was revised in 2014 and earty 2015. and again in late 2015 at the request of the Charity Comrnission. It vrds approved by members in early 2016. The primary function of ts charity is as follows: "The nmin object of the chaiity shall be, for the public benefrt. to trdin search dogs and handle￿ to a￿"s1 in the seaffjh and rescue of missing persons. prndomi"nanty in a mOUnt￿n envirOnn￿l. bul also in other aTras whern ourskims may be of benerrt." To further this. the Association: Promotes the development of Search Dogs thrwgh runnirvJ training and assessment cowses: raEses fvnds for Iraining. assessmen( equiw)ent. and the meetirg of running expenses. assists organisalions ¥￿th simlar objects ￿ere this enhar￿3 ts w>rk of the Association. Public Ben8fft The trustees conftmi that they have cornp￿ed with the requirements of section 17 of the Charities Act 2011 to have due regard to the public ￿nefft guidance Pu￿Shed by the Charity Commission for Englarrfl and Wales. 2. Oryanlsatlon The trustees who have served durrw 2024 *rn: Rob Grange, Chair Emma Ltyjise Atherton - Secretary David Houldridge - Treasurer- app)inted 20 ApTd 2024 Eleanor Gwendohne Whiteford- Training Ofter Michael Guuen - Callout Cwthnator- appointed 20 Awil 2024 Anthony Nffichael Guy Christopher Francis - resigned 08 July 2024 Michael Evans Tom Woolley-Wildg008e Richard Wilson David Benson - resigned 20 April 2024 J Dunbavin - appointed 20 April 2024 Page 2 LDMR Search Dogs Assoclatk)n Report of the Trustees, contd. for th• year ended 31 Docomber 2024 2. Organlsatlon (¢ont) The Trustees are elected annually, and met 7 times as a Committee during the year. Members may attend any Commlttee meetlng. A sul>commlttee of trainlng assessors also meets regularfy and advises the Trustee8 about progress of search dog teams. 3. Relatlonshlp wlth other ¢harltl•s wlth slmllar obJectlv•s The Association works closely with mountsln rescue teams In the Lake District, with its local umbrella body, the Lake District Search and Mountain Rescue Association, and Mountain Rescue(England and Wales), the natlonal body. Assoclatlon members are drawn from individual Lake Dlstrict mountain rescue teams. It also liaises closely thqth slster organisations in thi8 country and abroad, in order to disseminate knowledge and1è8m from others. arKI Is an 88soclate member of the ICAR (Intematlonal Comm1881on for Alplne R88cue). The A88odatlon 58 not rellant on ary team or Govemlng Body for Its fundlng, but roc•lve$ contribulions towards Its runnlng costs from tha Lake Distrlct Search and Mountaln Rescue A880ciatlon each year. 4. Actbvltl•8 and achlevomènts 2024 has b•en a challenglng year In many ways, but developments havé bean madé In how we Nn the assoclatlon, Includlng changes to 88sessment of dogs. and Improved Mnnectlons wlth neighbouring 8earch dog assoclatlons. following a number of searches where the a8sociation8 ¢omblned to support Lake Di8trlct Teams. On one of these, a vlsttlng se•rGhdog, Bramble from the north east, found a missing vulnerable woman in fore8try near Kegwtck. Search Dog Broch (Kegwlck) located a missing man in Borrowdale early In the year, and also assisted SARDA Wales with a blg search In the Carneddau. Search Dog Je8s (Wasdale) contlnues lo Support Wa8dale MRT and ha8 been instrumentsl In olther findlng or locating a number of mlsper8 In the Scafell area. In total, the team8 responded to 33 requests for asBl8tanGe wlth locatlng m1881ng per80n8. Two new 8earchdogs, Cellldh, an Engllsh Shepherd, and Rlver, a Border CollSe have been added to the operational team, now numberlng 8 . Thls has at tlmes been reducad by illness or injuries. Three more teams are currently in tralnlng - Something of a drop by comparlson wlth prevlous year8. We have also lost Search Dog Lewis to forced early retlrement because of Injury. and Search Dogs181a and Fem at tho end of long and dlstlngulshed careers. Our TraSllng dog Brock ha8 al80 8tood down- which has left us wlth a much depleted callout118t. Tralning contlnuès, both monthly and weekday evenlngs, but has been affected by the avallabilty of 888essors & tralners at tlmes- often caused by the huge demand on local rescue teams from where our personnel are drawn. We are Indebted to our volunteers vtho come out in all y￿ather8 to act as casualtle8. and local18ndowners thllo make land for tralnlng available The retiremont from assesslng by Laura Connolly and Joy Grindrn8. Thls pollcy 18 monitored and re￿8**d annually, or as necessary, In order to ensure that fvnds Ihat can no longer be Justifiably held In r•s•rve are applled In a¢cordarKe ￿ the charW$ oblectlve. 7. Invmlmont pollcy The A￿o¢latIon provld08 8UPPOrt lo vital emergency 8ervi¢es, and needs to ensure that fundlng for its tralnlng operations is secure. Consequenty, the expendrture budget for the forthcoming year 1$ based on the estimated requirements of the communications and equipment needs and Ihe training offlcefs budget in a nomal year. agalnst Ihe Income from the current year. The trustses have adopted a cautlous. rfsk-averse approach to Investment. Apart from the Immediate access lunds which make up about 25% of assets, a further 25% Is invested in medium lerm accounts or investrnents *thi¢h be called upon S￿￿[￿. and the remainder in a growtng longer tem investment with Brewin Dolphln thich acts as a reserve, but which also can provide Income rf required. In that way. Ihe ¢apital is secure and addilional Income accrues from interesL The value of lunds is reported to the Trustees at each meetlng. so au are aware of the current positton. Page 4 LDMR Search Dogs Assoelatlon Report of the Trustses, contd. for the year ended 31 Decérn￿r 2024 7. Investment pollcy (Cont This policy is kept under reiryew. but unless, or until. substantial excess funds become available for investment to provide guaranteed income against annual Nnning costs, the trustees remain of the opinion that their relatively cautious approach to investrnent 55 justffied. 8. Grants policy The Association does not make grants to outside bodies, as all Its operattons are organised temalty. Accordingly, last year, we made no grants to other charitable organisations, and all expenditure was geared to supportlng Its own charitable obje¢tSves. 9. Rlsk manag•mont & trustee Indemnity insurance The trustees have ¢onsidered the major risks wthlch Ihe charity faces, and confimi that its system of regular meetings to review progress, expenditure and costs provides a robust mechanism to lessen those risks. Those funds not invested are held in UK banks and building societies, viithin the £85K mit of financial compensation. with a requirement of t￿ signatories lor any transaction. The Trustees continue to invest in indemnty insurance to protect them against legal action. The Charity continues to be registered the Data Commissioners Office to compty wrth the requlrements of GDPR. DocumentatÈon is stored in the Cloud via Microsoft OffKe 365. Tntstees Responslbllltles in relation to the Flnan¢ial Ststements The Trustees are responsible for preparing the Trustees, Report and the financlal statements in accordance wlth applicable law and United Kingdom AGccounting Stsndards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which gpie a true and fair view of the state of affairs of the charity and of the income resources and application of resources of the charity for that period. In preparing these ffinancial stalemenls. the trustees are required to:_ - select sultable accounting policies and then apply them consistently; - obseNe the methods and principles in the Charities SORP; make Judgements and esttmates that are reasaonable and prudent; - state whether applicable accounting standards have been followed. subject to any material departures being disclosed and explained in the ffinancial ststements. and - prepare the financial statements on a going conern basis unless it Ss InapproprSale to presume that the charity will continue in business. The trustees are responslble for keeping proper accounting records that di8¢lose v￿th reasonable accuracy at any time the financial position of the ¢harlty and enable them to ensure that the financial statements comply wth the Charities Act 2011. They are responsible for safeguarding the assets of the charity and. hence. tsking reasonable steps for the prevention and detedion of fraud arml other Irregularltles. Approved by the Trustees on 14 June 2025 and signed on their behalf by Robert Grange Chairman Page 5 LDMR Search Dogs Assoclation Independent Examlners Report for tho year ended 31 December 2024 I report to charity In￿teeS on my exaninatK)n of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 7 to 12. R•sponslbllltles and basls of report As the charitys trustees yy)u are responsible for trE Preparati￿ of the accounts in accordance with the requjrem￿ts of CharitEs Act 2011 (Ihe Arf). I report in respect of my examination of the charws acc¢yJnts carr￿d out under sect￿ 145 of the Act and in carrying (xrt my examinalton I have follMd all the appI￿able Directions given by Charity Commission urthr seC￿n 14qSMb) of the ACL Independent examinerfs statsThnt I have completed my examinalion. I confirm that no material matters have come to my attenlion in connection wth the examination gMNJ me cause to be￿ that (n ary material respecL" 1. accounting records were not kept in respect of the charity as required by sectiM 130 of the Act; or 2. the accounts do not accord those records; or 3. the accounts do not comply w(th the applicable requirements cor￿Ing the fom) and content of accounts set out in the Charilies (Accounts and Reports) Regulations 2008 other than any reqU1￿ment that ￿ accounts give a and far ￿ Wh￿ is not a matter considered as part of an independent VAaminatKJn. I have no concerns and have come across no other matters in connection the examination to which attention should be dravm in this report in ryder to enable a propw UnderStand￿g of t accounts to be rexhed. Signed: u- IC 202 Helen Holmes FCA Chartered Accountant stables Thompson and Bris￿8 34 Lowther Street Kendal LA9 4DX Page 6 LDMR Sear¢h Dogs Assoclation Statement of Financial Aebvitses for the yoar ended 31 December 2024 31 December 2024 Notes Restsicted Unrestricted Des6gnated Total F￿d5 31 D￿mber 2023 Total INCOME Donations and legacies Other trading acti1￿￿e$ Investment income 597 38,526 39.123 467 12.634 292 8.398 12,634 Totsl income 597 51.627 $2224 55,656 Expendlturn Costs of ralslng fund8 Charitsble activltles 3,496 3.496 65.167 2,591 74,126 595 Total •xpendilure 76,717 Net Incorne l (•xpendlture) before transh and Investments (16.441) {16.439) {21,061} Net galns l(losses) on tnveslme 19.455 19.455 17.483 Net income l (expend￿19) 3.014 3.016 (3,578) Total funds brought foThvard 4TI.(KKI 477,000 480,578 Total lunds carrled forwanl 14 480,014 480,016 477.000 The notes fomi part of these finanaal statements Page 7 LDMR S•arch Dogs Association statement of FlnanGlal Activities - Comparatfvo for the year ended 31 December 2023 31 Decembèr 2023 Restricted Unrestricted Designated Funds Total INCOME Donations and legacies Olher trading activities Investment income 46.966 292 8,398 46.966 292 8,398 Total incom• 55,656 55.656 Expendlture Costs of raislng funds Charitable actlvltles 2.591 74.126 2.591 74,126 Total expenditure 76.717 76,717 Net Income l (expenditure) beforo transfei and Investments (21,061) (21.061) N•t galns l{losses) on Investments 17.483 17.483 Net income l (•xpandlturo) (3,578) (3,578) Total funds brought forward 480,578 480.578 Total funds Carri￿ forward 477.000 477,000 The notes fonn part of these financial statements Page 8 LDMR Search Dogs Assoclatlon Balance Sheet asat 31 Decembor 2024 31 December 2024 31 December 2023 Flxed Assots Tangible fixed assets Investments 1.496 274.981 2.563 253,649 10 276.477 256,212 Current Assets Stock Debtors Cash at bank and in hand 3,605 6,683 193,251 3,605 13.847 203,336 11 203,539 220,788 Cr•dltorg: amounts falllng due wlthln on• y•ar Creditor8 and accruals 12 Currant A880ts 203,539 220.788 Total A•s•ts1088 Current Uabllltles 480.016 477,000 NET ASSET8 480,016 477,000 Fund8 Restricted fund8 Designated fund8 Unfestricted funds 13 13 480.014 477,000 480,016 477,01)0 The financial statements have been prepared in accordance with the Financial Reportwig Standard applicable in the UK and Republic of Ireland (FRS 102) Approved by the Trustees on 14 June 2025 and svJned thoir behalf by. Page 9 Notss to the Flnanclal Statwn•nts for the year ended 31 DoComb•r 2024 1 kn¢punllng Pollctes Statèment ol ¢ompll•n¢o The accounts have been prepared in accordance *ith the Chathigs Act 2011. and the Accounting and Reporbng by Charilles: Slatement ofR8commendsd PractKe (SORP) appI￿ab￿ to charrtw prepadng accounts In accordance with the Flnandal Re￿Ing Standard in UK and Rowljk al Ireland IFRS 102) (effgdiby 1 Jan 20191. Basls of prep¥rntlon charity meet$ thè d81trthion of a pth beneft under FRS 101 Assets and fAbffrtles arE inhlaty reco9nt8ed al higtorlc81 cost ortrnnsa¢4iffj value unkns staled Sn the relwant a¢counkng pofq tKts8. Cash trlow Statement The charity opted to adopt B￿le11n 1 forthe SORP and Ilwefore dbj not in¢bJde a fash lknv stattynent In Ihese finanual $tslements Golng ￿n¢¢M These finanaal Stalemenls have been pr8par8d on 4 goiry concern bash. The Tr￿le9$ are conf￿ent that the charity has not beèn neg8ti¥ety wnpacted by th¢ ¢orona￿luS pandwnio Income in the fom of grants and donations ha been m•nt•u*d and costs are redur4d du¢ to a in the training opportuntim and number ol call outs. Thg Fund acGountlng pollcy Restricted funds arè those donated lor uso in a partrular area or for a spedfic purpose, th use ofwthkh Is reglrkled to that area or purpose. Designated funds are those set askle by truslees out of generd funds for a spe puw. Further detalls af ea¢h lund xe wi N(rt8 13. Donalions arn recowdsed th8 Chaiity ha¥ b8en rnl1f￿d Twrillng of bcth amount and sdtlem¢nt date. In the event that a donalton Is suwt to that fequlre al8￿ of perforniance ty the Charity before thg Charity is entitled to Ihe funds, the n￿Ome is deferred and not rewni5ed unth eihgr those tr)nditk>ns are fully mel. or the fullthent of Ihose cOnthkn￿ Is wtholiy wrthThi the ￿ntrol of the Charty aNI it S probab￿ that these ¢ondition$ will be fulned in th¢ i¢portwig period. Legaw gifts are rncognl8ed on a case by ¢ase basi% fofv*ire the grnnt ofprobate *then the admini5terlgxecutor for the estatè has commuritcated in Writ￿)9 both thè amount and settknt date. In the oNTnt that the gift is in the forni of an asset othgr Ihan cash or a financial assot tsaded on a recognised stock exchan￿. rwnthon is $ubJo¢t to vaiue ofthe grfl being reliabty measwed wilh • (kwee of rea$￿￿b* accuracy and tho Ime to ￿ ass¢t hary bB¢n trarsferred to the Charly. Inv¢$lmenl llKome is rn¢agnls￿ on a receNable bas EXpendI￿r¢ Li8bTI Jlies a￿ rncognis¢d as SO￿ as there Is a legal or c￿alK￿ (x>mmllow the (*8idy to the expendilure. AJI expendilurn i5 aG¢ounted for on an accnthls basks and has b¢en dassified under headings that aggregalo all ¢08ts retated to th8 category. Costs 0fynera1w￿ irKILMle investment management lees. Charilable oxpendthNe comprw thoso costs incurred ty thè charty ffi th8 d8fp**ry of its activtties and seNlces for i benefidaii85. 11 indudes both ¢05ts Ihot be alk￿d dir• to such a¢tl¥ts and those clxls of an b￿lTed nature necessary to support t1￿￿. Tanglblg flxgd assets and depT8datltsn Indiwdual assets costiThJ £500 or more are inaiilty rgcwded al co8L D8woG•tN)n is wovAled ¢)n tsngibte r￿ed f8 as foltows". Page 10 Notss to the Flnanclal Slatoments for the y￿r •ndod 31 D8c•mbw 2024 1 Accounllng Pollclos {¢¢)ntlnuo(l) InvMtments Fiyed •s$¢l In¥estments aro incknl8d at matht value at the date of the balance sheeL Realised gains and108ses on inveBtments are c8luJtatod 85 the differen¢¢ bthwi s4]es pr￿e8￿$ and thew market value at th8 Start of tho year, orthelr Subseq￿t cos(8nd charged or credited lo tho statemofrt of fin8nckg1 actp4tt￿ in the pgriod of d&pos4L Unrnatisgd gain$ and It)$8as reprttent in marf(et ¥alLM duthg the ￿ar and aro credltod or Ghargod to Ihè stalomenl of financial based on Ihe m•rknt ¥alub al the end of thè year. Trnde Cvedltorn Trade ¢reditors are oblNthn$ to pay foff goodl or 8•Thk41 tha¢ been •cqutr¢d In the orflnary COUTSO 01 bu8ing8¥ from suppllern. Accounts payablg are dassifwd 88 currenl liab￿rtI￿lI the Ch•rty do&$ not h•¥e an unconditlonal IWI. al the end ofthe Trporting peiiod. lo defer settknenl of tho u•dhor for at knasl rnonth after th¢ reportlrffj date. If thern Is an un¢ondilional rwJht lo deler settknent for al kast t4¥ek48 months after th• reporting date, Ihoy •r¢ wtsented as r￿n