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2020-12-31-accounts

Pages
Trustees'
annual
report (incorporating
the director's report) 1to 4
Independent
examiner's
report to the
trustees 5to 6
Statement offinancial
activities
(including income and expenditure account)
Statement offinancial
position
8to 9
Notes to the financial statements 10to 24

Reference and adm and adm inistrative
d
inistrative
d
etails etails
Registered charity name Langdale/Ambleside Mountain Rescue Team
Charity registration number 1080132
Company registration number 3939625
Principal office and registered Low Fold Base
office Lake Road
Ambleside
Cumbria
LA22 ODN
The Trustees
Chair Mark Bains
Secreta ry Andy
Ca pie
Treasurer Dave Barrington
Team Leader Nick Owen
Equipment Officer Graham
Lobb
Training Officer Nick Wright
Communications Officer Neil Bowness
Committee Sarah Anderson
Will Betts (Resigned 8 April 2020)
Chris Brammall (Appointed 8 April 2020)
Paul Burke
David Park
Mark Parker
Vice President Peter Bell
Independent examiner lan Thompson
Saint 5 Co
FCA
The Old Police Station
Church Street
Ambleside
Cumbria
LA22 OBT

2020 2020 2019
Unrestricted
funds Total funds Total funds
Note E E f
Income and endowments
Donations and legacies 5 95,737 95,737 82,436
Other trading
activities
6 2,835 2,835 4,162
Investment income 7 22,661 22,661 25,156
Total income 121,233 121,233 111,754
Expenditure
Expenditure on raising funds:
Costs ofother trading activities 8 6,315 6,315 5,887
Investment
management
costs 9 9,674 9,674 18,012
Expenditure on charitable activities 10 120,263 120,263 152,747
Total expenditure 136,252 136,252 176,646
Net gains on investments 11 282,135 282,135 194,206
Net income and movement in funds 267,116 267,116 129,314
Reconciliation
offunds
Total funds brought
forward
2,634,647 2,634,647 2,505,333
Total funds carried forward 2,901,763 2,901,763 2,634,647

2020 2019
Note f
Fixed assets
Tangible fixed assets 16 728,011 744,447
Investments 17 1,462,561 1,180,116
2,190,572 1,924,563
Current assets
Stocks 18 5,263 173
Debtors 19 15,253 42,551
Cash at bank and in hand 704,392 682,884
724,908 725,608
Creditors: amounts falling due within one year 20 13,717 15,524
Net current assets 711,191 710,084
Total assets less current liabilities 2,901,763 2,634,647
Net assets 2,901,763 2,634,647
Funds ofthe charity
Unrestricted funds 2,901,763 2,634,647
Total charity funds 21 2,901,763 2,634,647

Unrestricted Total Funds Unrestricted Tota I Funds
Funds 2020 Funds 2019
f f f f
Donations
Private gift aided 39,467 39,467 33,255 33,255
Private non gift aided 7,214 7,214 5,641 5,641
In memoriam 9,648 9,648 13,085 13,085
Schools, climbing 8 other
clubs/groups 8,572 8,572 11,149 11,149
Collection boxes 4,949 4,949 11,336 11,336
Gift aid tax recovered 4,787 4,787 5,970 5,970
Legacies
Legacies 21,100 21,100 2,000 2,000
95,737 95,737 82,436 82,436
6. Other trading activities
Unrestricted Total Funds Unrestricted Tota I Funds
Funds 2020 Funds 2019
f f f f
Team efforts: annual reports R.
casualty care books 1,575 1,575 4,038 4,038
Team efforts: sales of merchandise 335 335 124 124
Team efforts: education playing cards 925 925
2,835 2,835 4,162 4,162

Unrestricted Unrestricted Total Funds Total Funds Unrestricted Tota Tota I Funds
Funds 2020 Funds 2019
f f f f
Income from UK investment
properties 12,025 12,025 11,100 11,100
Income from listed investments
(re-invested) 8,193 8,193 10,570 10,570
Income from other investments 61 61 123 123
Bank interest 471 471 831 831
Building society interest 741 741 1,242 1,242
National
savings interest
1,168 1,168 1,288 1,288
Wayleave
income
2 2 2 2
22,661 22,661 25,156 25,156
Costs ofother trading activities
Unrestricted Total Funds Unrestricted Tota I Funds
Funds 2020 Funds 2019
f f f f
LAMRT annual report 5 casualty care
books 4,639 4,639 5,663 5,663
Merchandise purchases (adjusted for
stock) 125 125 224 224
Education
playing cards
(adjusted for
stock) 1,551 1,551
6,315 6,315 5,887 5,887
The annual
report
('Yearbook')
is published as a fundraising item but it is also distributed free of
charge to raise awareness of the Charity's activities. The casualty
care books are distributed
at
cost to
improve
medical
knowledge amongst
search
S. rescue volunteers
nationally.
The
education
playing
cards
are a one-off initiative
and
part of the Charity's
50th
anniversary
celebrations; they are primarily intended as a fun means of raising safety awareness although
packs are also being sold to raise funds.

Investment managem ent
costs
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
f f f f
Investment property management
fees 1,555 1,555 1,332 1,332
Investment property repairs and
renewals 1,895 1,895 10,944 10,944
Investment property other expenses 241 241 261 261
Investment portfolio management
fees5charges 5,983 5,983 5,475 5,475
9,674 9,674 18,012 18,012
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Tota I Funds
Funds 2020 Funds 2019
f f f f
Provision of Mountain Rescue 107,436 107,436 148,427 148,427
Support costs 12,827 12,827 4,320 4,320
120,263 120,263 152,747 152,747

Unrestricted Unrestricted
Funds Funds
2020 2019
f f
Provision of Mountain Rescue
Motor vehicles fuel, repairs and
insurance 5,937 16,218
Rescue equipment 5,209 7,218
Medical costs 9,479 18,207
Training 1,757 14,059
Communications 3,238 1,758
Telephones 7,766 4,949
Base rates, heat, light and power 4,253 5,719
Base repairs and maintenance 16,928 21,818
Insurance 6,198 7,183
Administration
and public
relations 4,449 1,470
Cleaning,
food and sundries
5,156 6,802
Depreciation 27,051 32,966
Medical seminars 15 60
Donation to mountain rescue team 10,000 10,000
107,436 148,427
Support costs
Independent
examination
and
accountancy
fees
3,955 4,320
Bookkeeping
and management
accounts 7,000
Legal and professional 1,872
Total costs ofactivities 120,263 152,747

11. Net gains o n investments
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
f f f f
Gains/(losses) on investment property 2,400 2,400 57,500 57,500
Gains/(losses) on listed investments 279,735 279,735 136,706 136,706
282,135 282,135 194,206 194,206
12. Net income
Net income is stated after charging/(crediting):
2020 2019
f f
Depreciation oftangible fixed assets 27,051 32,966
13. Independent examination fees
2020 2019
f f
Fees payable to the independent examiner for:
Independent examination and preparation ofthe financial
statements 3,955 4,320
Other financial services 7,000
10,955 4,320

Tangible fixed assets
Freehold Motor
property vehicles Equipment Total
f f f f
Cost
At 1January 2020 681,890 195,979 328,597 1,206,466
Additions 10,615 10,615
Disposals (4,791) (4,791)
At 31December 2020 681,890 195,979 334,421 1,212,290
Depreciation
At 1January 2020 186,616 275,403 462,019
Charge for the year 2,342 24,709 27,051
Disposa Is (4,791) (4,791)
At 31December 2020 188,958 295,321 484,279
Carrying amount
At 31December 2020 681,890 7,021 39,100 728,011
At 31December 2019 681,890 9,363 53,194 744,447

Investment Other
properties investments Total
f f f
Cost or valuation
At 1January 2020 462,500 717,616 1,180,116
Additions 64,000 64,000
Disposals (62,500) (1,000) (63,500)
Fair value movements 279,735 279,735
Other movements 2,210 2,210
At 31December 2020 400,000 1,062,561 1,462,561
Impairment
At 1January 2020 and 31December 2020
Carrying amount
At 31December 2020 400,000 1,062,561 1,462,561
At 31December 2019 462,500 717,616 1,180,116

18. Stocks
2020 2019
f E
Merchandise 316 173
Education playing cards 4,947
5,263 173
19. Debtors
2020 2019
f f
Prepayments and accrued income 2,142 9,171
Gift Aid 5 income tax recoverable 4,783 5,965
Other debtors 8,328 27,415
15,253 42,551
20. Creditors: amounts falling due within one year
2020 2019
f E
Trade creditors 8,572 6,324
Accruals and deferred income 5,145 9,200
13,717 15,524

At Gains and At
1Jan 2020 Income Expenditure Transfers losses 31Dec 2020
f f f f f f
General funds 705,411 121,233 (127,052) (111,854) 282,135 869,873
Property
—Low
Fold Base 681,890 681,890
Investment
Property 462,500 (62,500) 400,000
Medical Seminar
Reserve 84,846 (15) 15,169 100,000
Operational
Reserve 300,000 150,000 450,000
Vehicles Fund 250,000 250,000
Base Renewals (2,035)
Fund 25,000 (9,185) 11,220 25,000
Projects Fund 125,000 125,000
2,634,647 121,233 (136,252) 282,135 2,901,763
At Gains and At
1Jan 2019 Income Expenditure Transfers losses 31Dec 2019
f f f f f f
General funds 633,537 111,754 (158,256) (18,330) 136,705 705,411
Property
- Low
Fold Base 681,890 681,890
Investment
Property 405,000 57,500 462,500
Medical Seminar
Reserve 84,906 (60) 84,846
Operational
Reserve 300,000 300,000
Vehicles Fund 250,000 250,000
Base Renewals (1,698)
Fund 25,000 (18,330) 20,028 25,000
Projects Fund 125,000 125,000
2,505,333 111,754 (176,646) 194,205 2,634,647

Unrestricted Total Funds
Funds 2020
f f
Tangible fixed assets 728,011 728,011
Investments 1,462,561 1,462,561
Current assets 724,908 724,908
Creditors
less tha n 1yea r
(13,717) (13,717)
Net assets 2,901,763 2,901,763
Unrestricted Tata
I Funds
Funds 2019
f f
Tangible fixed assets 744,447 744,447
Investments 1,180,116 1,180,116
Current assets 725,608 725,608
Creditors
less than 1year
(15,524) (15,524)
Net assets 2,634,647 2,634,647