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← Upper Wharfedale Fell Rescue Association

2024-09-30-accounts

UPPER WHARFEDALE FELL RESCUE ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR

THE YEAR ENDED SEPTEMBER 30 2024

COMPANY NUMBER 04098121

CHARITY NUMBER

1083459

UPPER WHARFEDALE FELL RESCUE ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2023

INDEX
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 – 17

UPPER WHARFEDALE FELL RESCUE ASSOCIATION ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED SEPTEMBER 30 2024

DIRECTORS &TRUSTEES

DIRECTORS &TRUSTEES
J Cadamarteri
C Camm resigned 27thOctober 2023
N Easton
E Smith appointed 21stOctober 2024
M Rowley
D Hammond
G Cooke appointed 21stOctober 2024
P Smith
I Geldard resigned 7thJuly 2024
A Hall resigned 21stOctober 2024
J Helm resigned 21stOctober 2024
REGISTERD OFFICE AND The Hut
PRINCIPAL PLACE OF BUSINESS Hebden Road
Grassington
Skipton
North Yorkshire BD23 5LB
INDEPENDENT EXAMINER Stacy Mason FCCA
ACCOUNTANTS & HGA Accountants & Financial Consultants Ltd
t/a Chittenden Horley Chartered Accountants
Suite 36 Hyde Park House
Cartwright Street
Hyde SK14 4EH
PRINCIPAL BANKERS Barclays Bank Plc
49 High Street
Skipton
North Yorkshire BD23 1DH

1

UPPER WHARFEDALE FELL RESCUE ASSOCIATION TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED SEPTEMBER 30 2024

The trustees present their annual report together with the financial statements of the charity for the year ended 30[th] September 2024 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 2024 there were 68 callouts to rescues, compared with 56 last year. 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 2024

FINANCIAL REVIEW

Overview

The net deficit for the year was £12,147 compared with a deficit last year of £1,937. Total income at £97,976 was higher than last year, but this was offset by an increase in expenditure.

The increase in total income over last year was due to an increase in investment income, with the maturity of short-term deposits and higher interest rates, and the transfer of £11,047 from the Friends of Upper Wharfedale Fell Rescue Association on its closure.

Expenditure for the year was £110,123 compared with £81,444 last year. This increase was primarily due to higher expenditure on team clothing and PPE. Nearly £13,000 was spent on providing team members with climbing harnesses and other protective equipment for use on rescues and a further £4,729 on mountain jackets and over-trousers. Equipment expenses included £4,154 for the replacement of 5 vacuum mattresses, which are used for casualties suspected of having severe spinal, pelvic or limb injuries. Expenditure on the maintenance of the Association’s headquarters also rose due to the completion of remedial electrical work.

The deficit for the year meant that funds decreased from £870,540 to £858,393 of which £848,512 was held in unrestricted funds. Of this £520,046 is freely available, the balance being represented by fixed assets.

Turning to the Association’s balance sheet. Capital expenditure at £2,096 consisted of a replacement roof rack for one of the Association’s vehicles, a replacement radio and a further upgrade to the Association’s computers. This was well below the depreciation charge for the year so, despite the deficit of income over expenditure, cash balances increased by £6,610.

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 £134,390 This implies a target level of reserves of approximately £442,000. As stated above free reserves at the year end were £520,046. Expenditure is expected to increase, not least due to inflationary pressures and there is a degree of uncertainty about future income so the trustees are not concerned, at this stage, about this excess. However, 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 main fundraising activity, the Wharfedale Three Peaks Walk. 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 presentations, 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 2025 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 2024

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 was wound up as a separate charity during the year and the balance of its funds were transferred to the Association.

4

UPPER WHARFEDALE FELL RESCUE ASSOCIATION TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED SEPTEMBER 30 2024

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: 12[h] February 2025

5

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF THE UPPER WHARFEDALE FELL RESCUE ASSOCIATION FOR THE YEAR ENDED SEPTEMBER 30 2024

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 2024 which are set out on pages 7 to 17.

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.

S Mason

Stacy Mason FCCA

HGA Accountants & Financial Consultants Ltd t/a Chittenden Horley Chartered Accountants Suite 36 Hyde Park House Cartwright Street Hyde SK14 4EH Date: 12[th] February 2025

6

UPPER WHARFEDALE FELL RESCUE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES (including the income and expenditure account) FOR THE YEAR ENDED SEPTEMBER 30 2024

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
£
76,286
995
6,529
13,916
-		 Restricted
Funds
£
250
-
-
-
-		 Total
2024
£
76,536
995
6,529
13,916
0		 Total
2023
£
64,594
1,024
6,941
6,948
0
97,726 250 97,976 79,507
2,841
106,912		 -
370		 2,841
107,282		 3,238
78,206
109,753 370 110,123 81,444
-12,027
0		 -120
0		 -12,147
0		 -1,937
-
-12,027
860,539		 (120)
10,001		 -12,147
870,540		 -1,937
872,477
848,512 9,881 858,393 870,540

The notes on pages 10 to 17 form part of these financial statements.

7

UPPER WHARFEDALE FELL RESCUE ASSOCIATION BALANCE SHEET AS AT SEPTEMBER 30 2024

Notes
FIXED ASSETS
11
CURRENT ASSETS
Debtors
12
Goods for resale
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		 2024
£
6,283
771
211,982
304,870		 2024
£
338,097
520,296		 2023
£
8,075
890
207,075
298,260		 2023
£
361,826
508,714
523,906
3,610		 514,300
5,586
858,393 870,540
848,512
9,881		 860,539
10,001
858,393 870,540

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 2024, 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 17 form part of these financial statements.

Approved by the Board and authorised for issue on: 12[th] February 2025

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 2024

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 borrowings
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		 2024
£
(303)
13,916
-
-
(4,907)
(2,096)
6,913
-
-
-
6,610
298,260
304,870
304,870
304,870		 2023
£
23,846
6,948
(80,000)
-
(692)
(11,422)
(85,166)
-
-
-
(61,320)
359,580
298,260
298,260
298,260

The notes on pages 10 to 17 form part of these financial statements.

9

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2024

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 2024

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 2024

Unrestricted
£
2 DONATIONS
Donations:
Collecting boxes
5,633
Other donations & gift aid
65,653
Yorkshire Dales National Park
-
Legacies
1,000
Grants - equipment
4,000
76,286
3 INCOME FROM CHARITABLE ACTIVITIES
North Yorkshire Police re rescues
995
MREW re rescues
-
995
4 OTHER TRADING INCOME
Fundraising events:
Sale of merchandise
121
Coffee morning
620
Wharfedale Three Peaks walk
5,788
6,529
5 OTHER INCOME
Gain on disposal of fixed assets
-
-
6 COSTS OF GENERATING FUNDS
Goods for resale
119
Coffee morning
50
Wharfedale Three Peaks walk
1,021
Fees and other costs
932
Support costs
719
2,841		 Unrestricted
£
5,633
65,653
-
1,000
4,000		 2024
Restricted
£
-
250
-
-
-		 Total
£
5,633
65,903
-
1,000
4,000		 Unrestricted
£
9,338
55,256
-
-
-		 2023
Restricted
£
-
-
-
-
-		 Total
£
9,338
55,256
-
-
-
76,286 250 76,536 64,594 - 64,594
-
-		 995
-		 1,024
-		 -
-		 1,024
-
995 - 995 1,024 - 1,024
121
620
5,788		 -
-
-		 121
620
5,788		 46
618
6,277		 -
-
-		 46
618
6,277
6,529 - 6,529 6,941 - 6,941
- - - - - -
- - - - - -
119
50
1,021
932
719		 -
-
-
-
-		 119
50
1,021
932
719		 263
50
1,244
1,000
681		 -
-
-
-
-		 263
50
1,244
1,000
681
2,841 - 2,841 3,238 - 3,238

12

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2024

7 CHARITABLE EXPENDITURE
Hut maintenance
Equipment
Transport & vehicle running costs
Communications costs
Other costs
Team clothing and PPE
Training and course fees
Depreciation
Support costs
Charged to restricted funds		 Unrestricted
£
6,036
14,933
9,706
5,132
1,972
19,311
8,535
17,864
23,793
(370)		 2024
Restricted
£
-
-
-
-
-
-
-
-
-
370		 Total
£
6,036
14,933
9,706
5,132
1,972
19,311
8,535
17,864
23,793
-		 Unrestricted
£
2,316
10,197
7,179
3,993
756
1,686
6,266
23,054
22,759
(370)		 2023
Restricted
£
-
-
-
-
-
-
-
-
-
370		 Total
£
2,316
10,197
7,179
3,993
756
1,686
6,266
23,054
22,759
-
106,912 370 107,282 77,836 370 78,206

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
£
180
153
147
239		 Charitable
£
5,815
4,962
4,745
7,721
2024		 Total
£
5,995
5,115
4,892
7,960		 Fundraising
£
169
191
82
239		 Charitable
£
5,462
6,184
2,643
7,720
2023		 Total
£
5,631
6,375
2,725
7,959
719 23,243 23,963 681 22,009 22,690
-
-		 550
-		 550
-		 -
-		 750
-		 750
-
- 550 550 - 750 750
719 23,793 24,513 681 22,759 23,440

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		 2024
£
550
-
25,824
-		 2023
£
750
-
31,013
-

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 2024

11 TANGIBLE FIXED ASSETS

Freehold land
Rescue
& buildings
vehicles
£
£
Cost
At October 1 2023
400,901
154,937
Additions
-
1,010
Disposals
-
(769)
At September 30 2024
400,901
155,178
Depreciation
At October 1 2023
92,886
130,369
Charge for the year
7,960
7,460
Disposals
-
(768)
At September 30 2024
100,846
137,061
Net book value
At September 30 2024
300,055
18,117
At September 30 2023
308,015
24,568
Equipment is analysed as follows;		 Freehold land
Rescue
& buildings
vehicles
£
£
Cost
At October 1 2023
400,901
154,937
Additions
-
1,010
Disposals
-
(769)
At September 30 2024
400,901
155,178
Depreciation
At October 1 2023
92,886
130,369
Charge for the year
7,960
7,460
Disposals
-
(768)
At September 30 2024
100,846
137,061
Net book value
At September 30 2024
300,055
18,117
At September 30 2023
308,015
24,568
Equipment is analysed as follows;		 Freehold land
Rescue
& buildings
vehicles
£
£
Cost
At October 1 2023
400,901
154,937
Additions
-
1,010
Disposals
-
(769)
At September 30 2024
400,901
155,178
Depreciation
At October 1 2023
92,886
130,369
Charge for the year
7,960
7,460
Disposals
-
(768)
At September 30 2024
100,846
137,061
Net book value
At September 30 2024
300,055
18,117
At September 30 2023
308,015
24,568
Equipment is analysed as follows;		 Equipment
£
100,534
370
(320)		 Fixtures &
Fittings
£
24,161
-
-		 Office
Equipment
£
4,630
716
-		 Total
£
685,163
2,096
(1,089)
400,901 155,178 100,584 24,161 5,346 686,170
92,886
7,960
-		 130,369
7,460
(768)		 82,467
6,990
(320)		 16,368
2,416
-		 1,247
998
-		 323,337
25,824
(1,088)
100,846 137,061 89,137 18,784 2,245 348,073
300,055 18,117 11,447 5,377 3,101 338,097
308,015 24,568 18,067 7,793 3,383 361,826
Cost
At October 1 2023
Additions
Disposals
At September 30 2024
Depreciation
At October 1 2023
Charge for the year
Disposals
At September 30 2024
Net book value
At September 30 2024
At September 30 2023		 Rescue
Communications
Equipment
Equipment
Total
£
£
£
30,149
70,385
100,534
-
370
370
-
(320)
(320)		 Rescue
Communications
Equipment
Equipment
Total
£
£
£
30,149
70,385
100,534
-
370
370
-
(320)
(320)		 Rescue
Communications
Equipment
Equipment
Total
£
£
£
30,149
70,385
100,534
-
370
370
-
(320)
(320)
30,149 70,435 100,584
28,943
966
-		 53,524
6,024
(320)		 82,467
6,990
(320)
29,909 59,228 89,137
240 11,207 11,447
1,206 16,861 18,067

14

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2024

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		 2024
£
658
-
1,216
4,409
6,283
211,982
211,982
3,230
380
3,610		 2023
£
414
-
2,388
5,273
8,075
207,075
207,075
5,586
-
5,586

15

UPPER WHARFEDALE FELL RESCUE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30 2024

15 STATEMENT OF FUNDS

Unrestricted funds:
General fund
Total unrestricted funds
Restricted Funds:
Donation - SARDA
Grants - equipment
Grants - training
Capital grants expended
Total restricted funds		 01/10/2022
£
862,106		 Income
Expenditure
£
£
79,507
(81,074)
79,507
(81,074)
-
-
-
-
-
-
-
(370)
-
(370)
79,507
(81,444)
2022/23		 Income
Expenditure
£
£
79,507
(81,074)
79,507
(81,074)
-
-
-
-
-
-
-
(370)
-
(370)
79,507
(81,444)
2022/23		 transfers
£
-		 b/f and c/f
30/09/2023
01/10/2023
£
860,539		 Income
£
97,726		 Expenditure
transfers
£
£
(109,753)
-
2023/24		 Expenditure
transfers
£
£
(109,753)
-
2023/24		 30/09/2024
£
848,512
862,106 79,507 (81,074) - 860,539 97,726 (109,753) - 848,512
-
-
-
10,371		 -
-
-
-		 -
-
-
(370)		 -
-
-
-		 -
-
-
10,001		 250
-
-
-		 -
-
-
(370)		 -
-
-
-		 250
-
-
9,631
10,371 - (370) - 10,001 250 (370) - 9,881
872,477 79,507 (81,444) - 870,540 97,976 (110,123) - 858,393

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 2024

16 ANALYSIS OF COMPANY NET ASSETS BETWEEN FUNDS

Fund balances at September 30 2024 are represented by:-

Fund balances at September 30 2024 are represented by:-
Fixed assets
Net current assets
Fund balances at September 30 2023 are represented by:-
Fixed assets
Net current assets		 Unrestricted
Funds
£
328,466
520,046		 Restricted
Funds
£
9,631
250		 Total
£
338,097
520,296
848,512 9,881 858,393
351,825
508,714		 10,001
-		 361,826
508,714
860,539 10,001 870,540

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

There were no capital commitments at either 30th September 2024, or 30th September 2023

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
Decrease/(increase) in goods for resale
Increase/(decrease) in creditors
Net cash generated from/(used in) operating activities		 2024
£
(12,147)
25,824
-
(13,916)
1,792
119
(1,976)
(303)		 2023
£
(1,937)
31,013
-
(6,948)
246
(890)
2,362
23,846

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, external meetings 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 meetings, but no claims were made in this or the preceding year.

17