||||Page||
|---|---|---|---|---|
|Report ofthe Trustees|||to|3|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||7|to|13|
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##
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##
##
##
|||for the year end|ed 31 December|2020|||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||Unrestricted|Restricted|Total|Total|
|||Notes|fund
F|fundf|funds
F|funds
F|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||70,031||70,031|61,026|
|Charitable
activities|||||||
|Mountain
Training
and Co-ordination|||376,746||376,746|381,107|
|Other trading
activities|||1,769||1,769|2,018|
|Investment
income|||176||176|549|
|Total|||448,722||448,722|444,700|
|EXPENDITURE ON|||||||
|Raising funds|||709||709|527|
|Charitable
activities|||||||
|Mountain
Training
and Co-ordination|||364,206||364,206|331,835|
|Other|||113,193||113,193|121,379|
|Total|||478,108||478,108|453,741|
|NET INCOME/(EXPENDITURE)|||(29,386)||(29,386)|(9,041)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||229,667||229,667|238,708|
|TOTAL FUNDS CARRIED FORWARD|||200,281||200,281|229,667|
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||for th|for th|for th|for th|for th|for th|e yea|r ended 31 December 2020||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2.|OTHER TRADING ACTIVITIES|||||||||||
|||||||||||2020f|2019
E|
||Mountain
Training
United|||Kingdom
8 Ireland|||Ltd|Gross Income||1,769|2,018|
|3.|INVESTMENT INCOME|||||||||||
|||||||||||2020|2019|
|||||||||||E|E|
||Deposit account interest|||||||||176|549|
|4.|NET INCOME/(EXPENDITURE)|||||||||||
||Net income/(expenditure)|||is stated after charging/(crediting):||||||||
|||||||||||2020|2019|
|||||||||||F|F|
||Depreciation - owned|assets||||||||6,169|4,854|
||Website Development||amortisation|||||||2,084|1,737|
|5.|TRUSTEES' REMUNERATION|||||AND BENEFITS||||||
||None ofthe trustees|(or any persons connected
with them) received any remuneration||||||||during the year.||
||Trustees' expenses|||||||||||
||The trustees were reimbursed||||a|total ofF166.30(2019:F4,060.25) for expenses.||||||
||STAFF COSTS|||||||||||
||The average
monthly|number ofemployees|||||during|the year was as follows:||||
|||||||||||2020|2019|
||Management|||||||||5|4|
||Administration|||||||||5|5|
||Marketing
and IT|||||||||1|1|
||||||||||||10|
||No employees
received||emoluments
in excess of|||||260,000.||||
|.|COMPARATIVES FOR||THE STATEMENT OF FINANCIAL ACTIVITIES|||||||||
|||||||||Unrestricted||Restricted|Total|
|||||||||fund||fund|funds|
|||||||||||E||
||INCOME AND ENDOWMENTS|||||FROM||||||
||Donations
and legacies|||||||61,026|||61,026|
||Charitable
activities|||||||||||
||Mountain
Training
and|Co-ordination||||||381,107|||381,107|
||Other trading
activities|||||||2,018|||2,018|
||investment
income||||||||549||549|
||Total|||||||444,|700||444,700|
||EXPENDITURE ON|||||||||||
||Raising funds||||||||527||527|
|||||||||Page 8|||continued. ..|
##
||for the year ended|31December 2020|||
|---|---|---|---|---|
||COMPARATIVES FOR THE STATEMENT OF FINANCIAL|ACTIVITIES -continued|||
|||Unrestricted|Restricted|Total|
|||fund|fund|funds|
|||P|F||
||Charitable
activities||||
||Mountain
Training
and Co-ordination|331,835||331,835|
||Other|121,379||121,379|
||Total|453,741||453,741|
||NET INCOME/(EXPENDITURE)|(9,041)||(9,041)|
||RECONCILIATION
OF FUNDS||||
||Total funds brought forward|238,708||238,708|
||TOTAL FUNDS CARRIED FORWARD|229,667||229,667|
|8.|INTANGIBLE FIXEDASSETS||||
|||||Website|
|||||Development|
|||||F|
||COST||||
||At 1 January 2020 and 31 December 2020|||10,420|
||AMORTISATION||||
||At 1 January 2020|||1,737|
||Charge for year|||2,084|
||At 31 December 2020|||3,821|
||NET BOOK VALUE||||
||At 31 December 2020|||6,599|
||At 31 December 2019|||8,683|
##
|TANGIBLE FIXEDASSETS||
|---|---|
||Fixtures|
||and|
||fittings
f|
|COST||
|At 1 January 2020|52,688|
|Additions|3,013|
|At 31 December 2020|55,701|
|DEPRECIATION||
|At 1 January 2020|40,385|
|Charge for year|6,169|
|At 31 December 2020|46,554|
|NET BOOK VALUE||
|At 31 December 2020|9,147|
|At 31 December 2019|12,303|
|FIXEDASSET INVESTMENTS||
||Shares
in|
||glcup|
||undertakings|
||F|
##
##
|STOCKS|||||
|---|---|---|---|---|
||||2020|2019|
||||F|F|
|Stocks|||847|673|
|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
||||2020|2019|
|Trade debtors
Amounts
owed by group
Other debtors||undertakings|56,013
2,420|39,073
8,327
12,625|
|Prepayments|||5,339|2,217|
||||63,772|62,242|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
||||2020
f|2019
E|
|Trade creditors|||7,208|19,209|
|Amounts
owed to group|undertakings||2,408||
|Other creditors
Accrued expenses|||715
142,639|3,121
106,930|
||||152,970|129,260|
##
##
##
|MOVE|MENT|IN FUNDS||||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
||||||At 1/1/20|in funds|31/12/20|
|||||||E|F|
|Unrestricted||funds||||||
|General|fund||||229,667|(29,386)|200,281|
|TOTAL|FUNDS||||229,667|(29,386)|200,281|
|Net movement||in funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E|||
|Unrestricted||funds||||||
|General|fund||||448,722|(478,108)|(29,386)|
|TOTAL|FUNDS||||448,722|(478,108)|(29,386)|
##
##
||||||||||||Net||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||movement|At|
|||||||||||At 1/1/19|in funds|31/12/19|
|||||||||||E||E|
|Unrestricted|||funds||||||||||
|General|fund|||||||||238,708|(9,041)|229,667|
|TOTAL|FUNDS|||||||||238,708|(9,041)|229,667|
|Comparative|||net movement||in funds, included|in the above are as follows:|||||||
|||||||||||Incoming|Resources|Movement|
|||||||||||resources|expended|in funds|
|||||||||||E|F||
|Unrestricted|||funds||||||||||
|General|fund|||||||||444,700|(453,741)|(9,041)|
|TOTAL|FUNDS|||||||||444,700|(453,741)|(9,041)|
|A current year|||12months|and prior year 12months|||combined|position|is as|follows:|||
||||||||||||Net||
||||||||||||movement|At|
|||||||||||At 1/1/19|in funds|31/12/20|
||||||||||||F||
|Unrestricted||funds|||||||||||
|General|fund|||||||||238,708|(38,427)|200,281|
|TOTAL FUNDS||||||||||238,708|(38,427)|200,281|
|A curren|t yea|r 12months
and prior year 12mo|nths
combined
net movement
in funds,
in|cluded
in the abov|e are as follow|
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources
E|expended
f|in funds|
|Unrestricted||funds||||
|General|fund||893,422|(931,849)|(38,427)|
|TOTAL|FUNDS||893,422|(931,849)|(38,427)|
##
##
##