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2021-09-30-accounts

UPPER WHARFEDALE FELL RESCUE ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR

THE YEAR ENDED SEPTEMBER 30 2021

COMPANY NUMBER 04098121 CHARITY NUMBER 1083459

UPPER WHARFEDALE FELL RESCUE ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

I NDEX

Administrative information 1
Trustees’ and Directors’ annual report 2 – 5
Independent examiner’s report 6
Statement of financial activities 7
Balance sheet 8
Statement of cash flows 9
Notes to the financial statements 10 – 18

UPPER WHARFEDALE FELL RESCUE ASSOCIATION ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED SEPTEMBER 30 2021

DIRECTORS &TRUSTEES
J Cadamarteri
C Camm
N Easton
P Huff
M Rowley
D Hammond appointed 13thNovember 2020
S Spillett appointed 13thNovember 2020
P Smith appointed 11thOctober 2021
I Hook resigned 12thMay 2020
H Driver resigned 13thNovember 2020
M Renton resigned 13thNovember 2020
J Griffiths resigned 13thNovember 2020
COMPANY SECRETARY J Griffiths resigned 13thNovember 2020
REGISTERD OFFICE AND The Hut
PRINCIPAL PLACE OF BUSINESS Hebden Road
Grassington
Skipton
North Yorkshire BD23 5LB
INDEPENDENT EXAMINER Peter Smith Ba FCA DChA
ACCOUNTANTS & HGA Accountants & Financial Consultants Ltd
t/a Chittenden Horley Chartered Accountants
456 Chester Road
Old Trafford
Manchester M16 9HD
PRINCIPAL BANKERS Barclays Bank Plc
49 High Street
Skipton
North Yorkshire BD23 1DH
SOLICITORS Spencer Davies
6 Station Road
Grassington
Skipton
North Yorkshire BD23 5NQ

1

UPPER WHARFEDALE FELL RESCUE ASSOCIATION TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED SEPTEMBER 30 2021

The trustees present their annual report together with the financial statements of the charity for the year ended 30[th] September 2021 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

REPORTING FRAMEWORK

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS102) (effective 1 January 2019), referred to as the Charities SORP (FRS 102) (second edition – October 2019).

OBJECTIVES AND ACTIVITIES

Charitable objects

The Association’s objectives are:

“To relieve suffering and distress amongst persons and animals endangered by accidents or natural hazards by the provision of adequate arrangements for the secure and efficient search and rescue of such persons and animals.”

Activities

The Association achieves its objectives by the provision of volunteer underground and surface rescue teams trained and equipped to a high standard, based in Grassington, North Yorkshire and covering Wharfedale, Nidderdale, Littondale and mid-Airedale.

Public benefit

The Association has had regard to the Charity Commission’s guidance on public benefit and access to its services is free to all in need.

Contribution of volunteers

The Association is entirely dependent on its volunteer members to provide not just the management of the organisation but to make up the dedicated rescue teams. Through the commitment of its volunteers it is able to provide a 24 hour, 7 day a week rescue service free of charge throughout the year.

ACHIEVEMENTS AND PERFORMANCE

In the year to 30[th] September 2021 there were 74 callouts to rescues, compared with 43 last year, with 3 standbys in the year (5 last year). The longest incident lasted over 9 hours. Details of the incidents are contained on the Association’s website, www.uwfra.org.uk . Team members also continue to put in many hours to maintain equipment, as well as run and attend practices above and below ground.

The Association is its members and relies on their support and the support of their partners and relatives. Equally the Association depends on the generosity of the public, funding its operations entirely through donations. Without this support, it could not provide the service it does, 24 hours a day, 365 days a year.

2

UPPER WHARFEDALE FELL RESCUE ASSOCIATION TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED SEPTEMBER 30 2021

FINANCIAL REVIEW

Overview

The net surplus for the year was £93,142 compared with a deficit last year of £11,375. Total income at £171,107 was substantially higher than last year, while expenditure rose slightly.

The increase in total income over last year was primarily due to the receipt of a few substantial legacies, for which the Association is very grateful. These totalled £114,417 this year compared with £2,500 last year. Donations, including receipts from collection boxes, also recovered slightly following the decline in 2020 due to the coronavirus pandemic. However, neither of the Association’s principal fund raising events, the Wharfedale Three Peaks Walk and participation in the Dickensian festival in Grassington, took place.

Expenditure on charitable activities in the year was £76,942 compared with £75,108 last year. Expenditure on equipment increased by £5,091 but this was offset, at least in part, by a fall in the depreciation charge of £4,255 as some of the Association’s older assets became fully depreciated. Equipment expenditure included the purchase of Harken clutches, devices for raising and lowering casualties. This purchase was generously supported by the Friends of Upper Wharfedale Fell Rescue Association through a grant.

The surplus for the year meant that funds increased from £767,097 to £860,239 of which £849,498 was held in unrestricted funds. Of this £455,631 is freely available, the balance being represented by fixed assets.

Turning to the Association’s balance sheet. Capital expenditure at £1,875 was significantly lower than last year. The upgrade to the Association’s communications capability was substantially completed in 2020 and there were no major additions to the Association’s fleet of rescue vehicles. With this low level of capital expenditure the Association’s cash position increased substantially, from £257,197 to £359,531.

Reserves

The nature of the Association’s objectives means that it must be able to respond immediately to emergencies and major disasters.

In determining the reserves policy, the following factors have been taken into account:

In light of these factors, the Association considers that the most appropriate level of free reserves (unrestricted funds not invested in fixed assets or otherwise designated) to be three years anticipated expenditure plus a fixed asset replacement contingency of £112,000. This implies a target level of reserves of approximately £335,000. As stated above free reserves at the year end were £455,631. However, these free reserves increased substantially in the year due to the legacies noted above. Expenditure is expected to increase gradually and there is a degree of uncertainty about future income so the trustees are not concerned, at this stage, about this excess, but it will be kept under review.

Going concern

The trustees do not consider that there are any issues affecting the Association’s ability to continue as a going concern.

FUTURE PLANS

On funding the Association will continue with its two main fund raising activities, the annual Wharfedale Three Peaks Walk and the Dickensian festival, coronavirus restrictions permitting. In the meantime, though, the Association is dependent on the generosity of the general public with donations from individuals and groups. To try to maintain this critical element of funding the Association will continue to publicise the work it does through the press and social media.

The Association continues to invest in equipment necessary to carry out its operations. While there are no major items of expenditure planned for 2022 a number of pieces of equipment will need to be replaced.

3

UPPER WHARFEDALE FELL RESCUE ASSOCIATION TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED SEPTEMBER 30 2021

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing document

The Association is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 27[th] October 2000, as amended by special resolution dated 18[th] May 2015. It is a registered charity with the Charity Commission.

Members of the company

The trustees can establish different classes of members and recognise one or more categories of supporters who are not members (but who may nevertheless be termed ‘members’) and set out their respective rights and obligations. Membership can be terminated by resolution of the trustees on the grounds that, in the reasonable opinion of the trustees, the member’s continued membership is harmful to the Charity. The member must be notified in writing and any representations from the member must be considered by the trustees.

Appointment of trustees

The trustees are appointed by the members at the Annual General Meeting (AGM), or co-opted by the trustees to fill a casual vacancy. A co-opted trustee only holds office until the next AGM. One third of the trustees must retire at each AGM. Only members of the Association are eligible for election and trustees are eligible for re-appointment up to a maximum of three consecutive terms. Contested elections are held by ballot vote.

The trustees, together with any changes during the year and up to the date of approving this report, are listed on page 1.

Trustee induction and training

On appointment, trustees are made aware of, and encouraged to read, the guidance contained on the Charities Commission website on the role and responsibilities of trustees.

Register of interests

The trustees are required to complete a form on appointment, which is updated regularly for any changes, registering their interests, including the membership of other voluntary organisations. The Association's procedures ensure that the trustees do not participate in decisions in which they have an interest.

Organisation

The trustees, which must number at least 5 and not more than 9, administer the Association and meet as necessary, but at least four times a year. The day to day operations of the Association are the responsibility of the Operating Committee, to whom the trustees delegate authority for operational matters.

Related parties

Details of any related party transactions are given in the notes to the financial statements.

Co-operation with other organisations/charities

In the course of its work the Association works closely with similar organisations in areas adjacent to the area it operates in, in particular the Cave Rescue Organisation and the Swaledale Mountain Rescue Team. Matters of mutual interest are discussed at meetings of the Yorkshire Dales Rescue Panel.

The Friends of Upper Wharfedale Fell Rescue Association continues as a separate charity with the aim of raising funds for the Association.

4

UPPER WHARFEDALE FELL RESCUE ASSOCIATION TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED SEPTEMBER 30 2021

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees (who are also directors of Upper Wharfedale Fell Rescue Association for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

SMALL COMPANY PROVISIONS AND APPROVAL

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption.

Approved by the Board of Trustees and signed on its behalf by:

Nigel Easton

N Easton – Director

Date: 7[th] February 2022

5

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF THE UPPER WHARFEDALE FELL RESCUE ASSOCIATION FOR THE YEAR ENDED SEPTEMBER 30 2021

Independent Examiner's Report to the Trustees of The Upper Wharfedale Fell Rescue Association

I report to the charity trustees on my examination of the accounts of the company for the year ended September 30 2021 which are set out on pages 7 to 18.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Chittenden Horley

Peter Smith BA FCA DChA

HGA Accountants & Financial Consultants Ltd

t/a Chittenden Horley Chartered Accountants

456 Chester Road Old Trafford Manchester M16 9HD Date: 15[th] February 2022

6

UPPER WHARFEDALE FELL RESCUE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES (including the income and expenditure account) FOR THE YEAR ENDED SEPTEMBER 30 2021

Notes
Donations
2
Charitable activities
3
Other trading activities
4
Investment income - bank interest
Other income
5
TOTAL INCOME
EXPENDITURE
Costs of generating funds
6
Expenditure on charitable activities
7
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
BEFORE TRANSFERS
9
Transfers between funds
15
NET MOVEMENT IN FUNDS
15
15
15
TOTAL FUNDS CARRIED FORWARD
Incoming resources from generated funds:
TOTAL FUNDS BROUGHT FORWARD		 Unrestricted
Funds
£
164,601
3,222
5
1,582
269		 Restricted
Funds
£
1,428
-
-
-
-		 Total
2021
£
166,029
3,222
5
1,582
269		 Total
2020
£
56,665
1,238
6,130
1,647
0
169,679 1,428 171,107 65,680
1,023
76,572
77,595
92,084
2,868		 -
370		 1,023
76,942		 2,307
75,108
370 77,965 77,415
1,058
(2,868)		 93,142
0		 -11,735
-
94,952
754,546		 (1,810)
12,551		 93,142
767,097		 -11,735
778,832
849,498 10,741 860,239 767,097

The notes on pages 10 to 18 form part of these financial statements.

7

UPPER WHARFEDALE FELL RESCUE ASSOCIATION BALANCE SHEET AS AT SEPTEMBER 30 2021

Notes
FIXED ASSETS
11
CURRENT ASSETS
Debtors
12
Current asset investments
13
Cash at Bank and in Hand
CREDITORS
Amounts falling due in one year
14
NET CURRENT ASSETS
NET ASSETS
FUNDS
Unrestricted
15
Restricted
15
TOTAL FUNDS		 2021
£
23,921

76,041
359,531		 2021
2020
£
£
404,608
5,412
75,000
257,197
337,609
4,239
455,631
860,239
849,498
10,741
860,239		 2020
£
433,727
333,370
459,493
3,862
767,097
754,546
12,551
767,097

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending September 30 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies and no notice has been deposited under section 476 requiring the company to obtain an audit of its accounts for the year in question.

Directors’ responsibilities

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The notes on pages 10 to 18 form part of these financial statements.

Approved by the Board and authorised for issue on: 7[th] February 2022

And signed on their behalf by:

Nigel Easton

N Easton - Director

Company registration number 04098121

8

UPPER WHARFEDALE FELL RESCUE ASSOCIATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED SEPTEMBER 30 2021

notes
Cash generated by operating activities
20
Cashflows from investing activities
Interest and dividends
Transfer to term deposit
Disposal of tangible fixed assets
Income reinvested
Purchase of tangible fixed assets
Cash provided by/(used in) investing activities
Cashflows from financing activities
Proceeds from new borrowings
Repayment of borrowing
Cash used in financing activities
Increase/(decrease) in cash & cash equivalents in the year
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
Cash and cash equivalents consist of:
Cash at bank and in hand		 2021
£
102,230
1,582
-
397
-
(1,875)
104
-
-
-
102,334
257,197
359,531
359,531
359,531		 2020
£
27,279
1,647
(75,000)
-
-
(19,768)
(93,121)
-
-
-
(65,842)
323,039
257,197
257,197
257,197

The notes on pages 10 to 18 form part of these financial statements.

9

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

1 ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared: under the historic cost convention; in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective January 1 2019 (second edition – October 2019); FRS102; and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS102.

The accounts are prepared in £ sterling, which is the functional currency.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. 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 recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The following applies to particular types of income:

Grants , whether of a capital or revenue nature, are recognised when the charity has entitlement to the funds, any performance conditions have been met and it is probable that the income will be received.

Donations from individuals and other bodies (not being of the nature of a grant) are recognised when receivable.

Earned income is measured at the fair value of the consideration received or receivable for services and goods supplied, net of discounts and VAT.

Deferred income

Income is only deferred and included in creditors when:

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds including those associated with fundraising activities, managing investments and commercial trading.

Charitable activities costs of undertaking the work of the charity.

The Association is able to reclaim VAT on its non-business costs. These costs are stated exclusive of input VAT, when charged.

Allocation of support and governance costs

Support costs are those functions which assist the work of the charity either by supporting the delivery of charitable activities or by supporting the generation of funds. They include hut overheads, insurance, other administrative costs, depreciation and accountancy and other fees.

10

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

1 ACCOUNTING POLICIES (continued)

Tangible fixed assets and depreciation

Individual fixed assets costing more than £1,000 are capitalised at cost and are depreciated over their estimated useful lives on a straight line basis as set out below.

Depreciation rates are as follows:

Freehold land nil Freehold buildings 2% p.a. straight line Rescue vehicles 10% p.a. straight line Fixtures and fittings 10% p.a. straight line Office equipment 20% p.a. straight line Rescue equipment 20% p.a. straight line Communications equipment 20% p.a. straight line

Debtors

Trade and other debtors are recognised at the settlement amount due and prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.

Financial instruments

The charity has only basic financial instruments which are initially recorded at cost, and subsequently measured at their settlement value.

11

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

2 DONATIONS
Donations:
Collecting boxes
Other donations & gift aid
Yorkshire Dales National Park
Legacies
Grants - equipment
Grants - Government support
Grants - digital radios		 Unrestricted
£
6,003
39,506
-
114,417
4,675
-
-		 2021
Restricted
£
-
1,428
-
-
-
-
-		 Total
£
6,003
40,934
-
114,417
4,675
-
-		 Unrestricted
£
4,874
37,083
-
2,500
1,735
10,000
-		 2020
Restricted
£
-
473
-
-
-
-
-		 Total
£
4,874
37,556
-
2,500
1,735
10,000
-
164,601 1,428 166,029 56,192 473 56,665

3 INCOME FROM CHARITABLE ACTIVITIES

North Yorkshire Police re rescues
MREW re rescues
4 OTHER TRADING INCOME
Fundraising events:
Sale of merchandise
Dickensian
Wharfedale Three Peaks walk
5 OTHER INCOME
Gain on disposal of fixed assets
6 COSTS OF GENERATING FUNDS
Goods for resale
Dickensian
Wharfedale Three Peaks walk
Fees and other costs
Support costs		 3,222
-		 -
-		 3,222
-		 1,238
-		 -
-		 1,238
-
3,222 - 3,222 1,238 - 1,238
5
-
-		 -
-
-		 5
-
-		 -
5,761
369		 -
-
-		 -
5,761
369
5 - 5 6,130 - 6,130
269 - 269 - - -
269 - 269 - - -
-
-
-
504
519		 -
-
-
-
-		 -
-
-
504
519		 -
1,236
46
466
559		 -
-
-
-
-		 -
1,236
46
466
559
1,023 - 1,023 2,307 - 2,307

12

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

7 CHARITABLE EXPENDITURE
Hut maintenance
Equipment
Transport & vehicle running costs
Communications costs
Other costs
Training and course fees
Depreciation
Support costs
Charged to restricted funds		 Unrestricted
£
3,607
14,175
5,279
4,287
692
8,412
22,907
17,583
(370)		 2021
Restricted
£
-
-
-
-
-
-
-
-
370		 Total
£
3,607
14,175
5,279
4,287
692
8,412
22,907
17,583
-		 Unrestricted
£
4,566
9,084
4,036
2,936
-
8,566
27,041
18,880
(370)		 2020
Restricted
£
-
-
-
-
-
-
-
-
370		 Total
£
4,566
9,084
4,036
2,936
-
8,566
27,041
18,880
-
76,572 370 76,942 74,739 370 75,108

8 SUPPORT & GOVERNANCE COSTS

Support costs
Hut overheads
Insurance
Other administrative costs
Depreciation and loss on disposal
Governance costs
Accountancy
Other governance costs
Total support costs		 Fundraising
£
78
153
49
239		 Charitable
£
2,523
4,946
1,574
7,720
2021		 Total
£
2,601
5,099
1,623
7,959		 Fundraising
£
86
168
62
243		 Charitable
£
2,787
5,445
1,994
7,841
2020		 Total
£
2,873
5,613
2,056
8,084
519 16,763 17,282 559 18,067 18,626
-
-		 820
-		 820
-		 -
-		 800
13		 800
13
- 820 820 - 813 813
519 17,583 18,102 559 18,880 19,439

Costs that can be wholly attributed to either support or governance are allocated directly to those functions, and other costs are allocated on an appropriate basis to reflect the usage of resources.

9 NET INCOMING RESOURCES AFTER TRANSFERS
This is stated after charging/(crediting):
Accountant/Independent examiner's fees
Report
Accountancy
Depreciation
Directors/trustees' remuneration and expenses		 2021
£
820
-
30,866
-		 2020
£
800
-
35,000
-

10 STAFF INFORMATION

The charity did not employ any staff in either this or the previous year. The key management personnel consist of the directors/trustees who do not receive any remuneration for their services.

13

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

11 TANGIBLE FIXED ASSETS


Cost
At October 1 2020
Additions
Disposals
At September 30 2021
Depreciation
At October 1 2020
Charge for the year
Disposals
At September 30 2021
Net book value
At September 30 2021
At September 30 2020
Equipment is analysed as follows;		 Freehold land
Rescue
& buildings
vehicles
£
£
400,901
153,637
-
1,300
-
-
400,901
154,937
69,006
108,255
7,959
7,350
-
-
76,965
115,605
323,936
39,332
331,895
45,382		 Freehold land
Rescue
& buildings
vehicles
£
£
400,901
153,637
-
1,300
-
-
400,901
154,937
69,006
108,255
7,959
7,350
-
-
76,965
115,605
323,936
39,332
331,895
45,382		 Equipment
£
89,453
575
(320)		 Fixtures &
Fittings
£
24,161
-
-		 Office
Equipment
£
-
-
-		 Total
£
668,152
1,875
(320)
400,901 154,937 89,708 24,161 - 669,707
69,006
7,959
-		 108,255
7,350
-		 48,045
13,140
(192)		 9,119
2,417
-		 -
-
-		 234,425
30,866
(192)
76,965 115,605 60,993 11,536 - 265,099
323,936 39,332 28,715 12,625 - 404,608
331,895 45,382 41,408 15,042 - 433,727
Cost
At October 1 2020
Additions
Disposals
At September 30 2021
Depreciation
At October 1 2020
Charge for the year
Disposals
At September 30 2021
Net book value
At September 30 2021
At September 30 2020		 Rescue
Communications
Equipment
Equipment
Total
£
£
£
30,149
59,304
89,453
-
575
575
-
(320)
(320)
30,149
59,559
89,708
23,692
24,353
48,045
2,767
10,373
13,140
-
(192)
(192)
26,459
34,534
60,993
3,690
25,025
28,715
6,457
34,951
41,408		 Rescue
Communications
Equipment
Equipment
Total
£
£
£
30,149
59,304
89,453
-
575
575
-
(320)
(320)
30,149
59,559
89,708
23,692
24,353
48,045
2,767
10,373
13,140
-
(192)
(192)
26,459
34,534
60,993
3,690
25,025
28,715
6,457
34,951
41,408		 Rescue
Communications
Equipment
Equipment
Total
£
£
£
30,149
59,304
89,453
-
575
575
-
(320)
(320)
30,149
59,559
89,708
23,692
24,353
48,045
2,767
10,373
13,140
-
(192)
(192)
26,459
34,534
60,993
3,690
25,025
28,715
6,457
34,951
41,408
30,149 59,559 89,708
23,692
2,767
-		 24,353
10,373
(192)		 48,045
13,140
(192)
26,459 34,534 60,993
3,690 25,025 28,715
6,457 34,951 41,408

14

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

12 DEBTORS
Income receivable
Other debtors
VAT recoverable
Prepayments
13 CURRENT ASSET INVESTMENTS
Term deposits
14 CREDITORS falling due within one year
Creditors and accruals
Income in advance		 £
14,111
-
2,379
7,431
23,921
76,041
76,041
1,886
1,976

3,862		 £
489
-
1,182
3,741
5,412
75,000
75,000
2,207
2,032
4,239

15

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

15 STATEMENT OF FUNDS

Unrestricted funds:
General fund
Total unrestricted funds
Restricted Funds:
Donation - communications
Grants - equipment
Grants - training
Grants - digital radios
Capital grants expended
Total restricted funds		 01/10/2019
£
765,911		 Income
Expenditure
£
£
65,207
(77,045)
65,207
(77,045)
473
-
-
-
-
-
-
-
-
(370)
473
(370)
65,680
(77,415)
2019/20		 Income
Expenditure
£
£
65,207
(77,045)
65,207
(77,045)
473
-
-
-
-
-
-
-
-
(370)
473
(370)
65,680
(77,415)
2019/20		 transfers
£
473		 b/f and c/f
30/09/2020
01/10/2020
£
754,546		 Income
£
169,679		 Expenditure
transfers
£
£
(77,595)
2,868
2020/21		 Expenditure
transfers
£
£
(77,595)
2,868
2020/21		 30/09/2021
£
849,498
765,911 65,207 (77,045) 473 754,546 169,679 (77,595) 2,868 849,498
-
-
1,440
-
11,481		 473
-
-
-
-		 -
-
-
-
(370)		 (473)
-
-
-
-		 -
-
1,440
-
11,111		 1,428
-
-
-
-		 -
-
-
-
(370)		 (1,428)
-
(1,440)
-
-		 -
-
-
-
10,741
12,921 473 (370) (473) 12,551 1,428 (370) (2,868) 10,741
778,832 65,680 (77,415) - 767,097 171,107 (77,965) - 860,239

Restricted fund balances

Capital grants expended represent amounts received for the purchase of fixed assets where there are continuing restrictions over their use. Related depreciation is charged to this fund.

Transfers

When grants and donations have been received to meet expenditure and there are no continuing restrictions after the monies have been spent, they are released to unrestricted funds by means of transfers.

16

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

16 ANALYSIS OF COMPANY NET ASSETS BETWEEN FUNDS

Fund balances at September 30 2021 are represented by:-

Fund balances at September 30 2021 are represented by:-
Fixed assets
Net current assets
Fund balances at September 30 2020 are represented by:-
Fixed assets
Net current assets		 Unrestricted
Funds
£
393,867
455,631		 Restricted
Funds
£
10,741
-		 Total
£
404,608
455,631
849,498 10,741 860,239
421,176
333,370		 12,551
-		 433,727
333,370
754,546 12,551 767,097

17 CONSTITUTION

The Company is limited by guarantee and does not have a share capital. In the event of the Company being wound up the members are committed to contributing £1 each.

18 TAXATION

The Company is a registered charity and is entitled to claim annual exemption from UK corporation tax.

19 CAPITAL COMMITMENTS

The charity had no capital commitments at either year end.

20 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASHFLOW FROM OPERATING ACTIVITIES

Net income/(expenditure)
Add depreciation tangible fixed assets
Deduct gain on disposal of fixed assets
Deduct interest income shown in investing activities
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash generated from/(used in) operating activities		 2021
£
93,142
30,866
(269)
(1,582)
(19,550)
(377)
102,230		 2020
£
(11,735)
35,000
125
(1,647)
3,181
2,355
27,279

17

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2021

21 RELATED PARTY TRANSACTIONS

There are no related party transactions needing to be disclosed in these accounts.

The directors/trustees are unrelated to each other and the charity is not under the control of one individual or entity.

Directors/trustees, like other members, may claim mileage for rescues and courses, and are provided with protective clothing on the same terms as other members.

In addition, directors/trustees are permitted to claim expenses for attending trustee and other meetings, but no claims were made in this or the preceding year.

18