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





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|Reference|and adm|and adm|inistrative<br>d|inistrative<br>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<br>Ca pie|||||
|Treasurer|||||Dave Barrington|||||
|Team Leader|||||Nick Owen|||||
|Equipment||Officer|||Graham<br>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<br>Saint 5 Co|FCA||||
||||||The Old Police|Station||||
||||||Church Street|||||
||||||Ambleside|||||
||||||Cumbria|||||
||||||LA22 OBT|||||





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||||||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<br>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<br>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<br>offunds||||||||
|Total funds|brought<br>forward||||2,634,647|2,634,647|2,505,333|
|Total funds|carried forward||||2,901,763|2,901,763|2,634,647|





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||||||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|









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||||||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|





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|||||||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<br>savings interest|||||||1,168||1,168|1,288||||1,288|
|Wayleave<br>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<br>playing cards||(adjusted for|||||||||||||
|stock)|||||||1,551||1,551||||||
||||||||6,315||6,315|5,887||||5,887|
|The annual<br>report<br>('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<br>care books are distributed<br>at||||||
|cost to<br>improve<br>medical|||knowledge|||amongst<br>search|||S. rescue|volunteers<br>nationally.||||The|
|education<br>playing<br>cards||are||a|one-off|initiative<br>and||part of the||Charity's<br>50th|anniversary||||
|celebrations;|they are primarily||||intended||as a fun means||of raising|safety awareness||although|||
|packs are also|being sold|to|raise funds.||||||||||||





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|Investment|managem|ent<br>|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|||



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||||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<br>and public||relations|4,449|1,470|
|Cleaning,<br>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<br>examination||and|||
|accountancy<br>fees|||3,955|4,320|
|Bookkeeping<br>and management|||||
|accounts|||7,000||
|Legal and professional|||1,872||
|Total costs ofactivities|||120,263|152,747|





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|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|



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|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|





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||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|





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|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|





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||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<br>—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<br>- 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|





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||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<br>less tha n 1yea r|(13,717)|(13,717)|
|Net assets|2,901,763|2,901,763|
||Unrestricted|Tata<br>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<br>less than 1year|(15,524)|(15,524)|
|Net assets|2,634,647|2,634,647|