## |||||Page|| |---|---|---|---|---|---| |Report ofthe Trustees|||1|to|3| |Independent
Examiner's|Report||||| |Statement
of Financial|Activities||||| |Balance Sheet|||||| |Cash Flow Statement|||||| |Notes to the Cash Flow|Statement||||| |Notes to the Financial Statements|||9|to|15| |Detailed Statement
of Financial||Activities|16|to|17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||for|the
ear end|ed 31 December|2022|| |---|---|---|---|---|---| |||||2022|2021| ||||Unrestncted|Total|Total| |||Notes|fundf|funds
f|funds
F| |INCOME AND ENDOWMENTS|FROM||||| |Donations
and legacies|||45,748|45,748|60,238| |Charitable
activities|||||| |Mountain
Training
and Co-ordination|||502,968|502,968|429,229| |Other trading
activities|||1,871|1,871|2,175| |Total|||550,587|550,587|550,587| |EXPENDITURE ON|||||| |Raising funds|||1,088|1,088|885| |Charitable
activities|||||| |Mountain
Training
and Co-ordination|||388,227|388,227|344,059| |Other|||168,245|168,245|123,597| |Total|||557,560|557,560|468,541| |NET INCOME/(EXPENDITURE)|||(6,973)|(6,973)|23,101| |RECONCILIATION
OF FUNDS|||||| |Total funds brought
forward|||223,382|223,382|200,281| |TOTAL FUNDS CARRIED FORWARD|||216,409|216,409|223,382| ||||Mountain|Trainin|United
Kin|United
Kin|dom &||| |---|---|---|---|---|---|---|---|---|---| |||||Ireland||Ltd|||| |||||Balance||Sheet|||| |||||31 December 2022|||||| |||||||||2022|2021| ||||||Unrestncted|||Total|Tots
I| |||||||fund||funds|funds| |||||Notes||5||f|| |FIXEDASSETS|||||||||| |Intangible|assets|||10||2,431||2,431|4,515| |Tangible|assets|||11||6,292||6,292|4,479| |Investments||||12||2||2|2| |||||||8,725||8,725|8,996| |CURRENT ASSETS|||||||||| |Stocks||||13||785||785|924| |Debtors||||14||92,561||92,561|112,541| |Cash at|bank|and in hand||||272,842||272,842|272,842| |||||||366,188||366,188|386,307| |CREDITORS|||||||||| |Amounts|falfing due within one year|||15||(158,504)||(158,504)|(171,921)| |NET CURRENT ASSETS||||||207,684||207,684|214,386| |TOTAL ASSETS LESS CURRENT|||LIABILITIES|||216,409||216,409|223,382| |NET ASSETS||||||216,409||216,409|223,382| |FUNDS||||16|||||| |Unrestncted||funds||||||216,409|223,382| |TOTAL|FUNDS|||||||216,409|223,382| ## |||||Cash Flow Statement|||| |---|---|---|---|---|---|---|---| |||for|the|ear ended 31 December|2022||| ||||||2022|2021|| ||||Notes||5|F|| |Cash flows from operating
activities
Cash generated
from operations||||1|5,773|~42)|| |Net cash provided
by/(used|in) operating|activities|||5,773|~42)|| |Cash flows from investing|activities||||||| |Purchase of tangible
fixed assets|||||~5,773)||| |Net cash (used in)/provided|by investing|activities|||~5,773)||| |Change
in cash and cash|equivalents|in|||||| |the reporting
period
Cash and cash equivalents|at the||||||(42)| |beginning
ofthe reporting|period|||2|272,842|272,884|| |Cash and cash equivalents|at the end|of|||||| |the reporting
period|||||272,842|272,|842| ## |RECONCILIATION
OF NET (EXPENDITURE
ACTIVITIES|)/INCOME
TO NET CASH FL|OW FROM OPERATIN|G| |---|---|---|---| |||2022
6|2021f| |Net (expenditure)/income
for the reporting|period (as per the||| |Statement
of Financial Activities)
Adjustments
for:||(6,973)|23, 101| |Depremation
charges||6,043|6,752| |amount
owed by group undertaking
Decrease/(increase)
in stocks
(Increase)/decrease
in debtors
(Decrease)hncrease
in creditors||35,520
139
(15,539)
(13,417)|(52,498)
(77)
1,321
21,359| |Net cash provided
by/(used
in) operations||5,773|~42)| ## ## |||At 1/1/22|Cash flow|At 31/12/22| |---|---|---|---|---| |||6|5|f| |Net cash||||| |Cash at bank and|in hand|272,842||272,842| |||272,842||272,842| |Tots I||272,842||272,842| ## ## ## ## |||||||||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||E|E| ||Gift aid|||||||||||||495|14,238| ||Core Funding|||||||||||||45,253|46,000| |||||||||||||||45,748|60,238| ||Grants received,|||included||in the|above,||are as follows||||||| |||||||||||||||2022|2021| |||||||||||||||f|F| ||UF Core Funding|||||||||||||45,253|46,000| |3.|OTHER TRADING||||ACTIVITIES||||||||||| |||||||||||||||2022|2021| |||||||||||||||E|E| ||Mountain|Training|||United|Kmgdom||& Ireland||Ltd|Gross|Income||1,871|2,175| |4.|INCOME|FROM||CHARITABLE|||ACTIVITIES||||||||| ||||||||Activity|||||||2022
F|2021f| ||Registrations||and|Mountain|||||||||||| ||Training
Association||||||||||||||| ||memberships||||||Mountain||Trainmg||and|Co-ordination||331,053|277,723| ||Subscnptions||||||Mountain||Training||and|Co-ordination||2,600|2,100| ||Course registrations||||and||||||||||| ||enrolments||||||Mountain||Training||and|Co-ordination||50,148|34,802| ||Administration||services and||||||||||||| ||similar||||||Mountain||Training||and|Co-ordination||119,167|101,681| ||Grants||||||Mountain||Training||and|Co-ordination|||10,000| ||JRS grant||||||Mountain||Training||and|Co-ordination|||2,923| |||||||||||||||502,968|429,229| |5.|CHARITABLE||ACTIVITIES COSTS||||||||||||| |||||||||||||||Support|| ||||||||||||||Direct|costs (see|| ||||||||||||||Costs|note 6)|Totals| ||||||||||||||E|E|| ||Mountam|Training|||and Co-ordination||||||||12,593|375,634|388,227| |6.|SUPPORT COSTS||||||||||||||| |||||||||||||||Governance|| ||||||||||||Management
E||Finance
f|costs|Totals
E| ||Mountain|Training|||and Co-ordination||||||62,991||866|311,777|375,634| ## ## ## ||||2022|2021| |---|---|---|---|---| ||||E|E| |Depreaation|- owned|assets|3,960|4,668| |Website Development||amortisation|2,084|2,084| ## ## ## ## |STAFF COS|TS|||||||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| ||||||||E|E| |Wages and salanes|||||||278,236|257,310| |Somal secunty costs|||||||11,740|14,423| |Other pension|costs||||||1,905|8,234| ||||||||291,881|279,967| |The average|monthly|number|ofemployees||dunng|the year was as follows||| ||||||||2022|2021| |Management|||||||5|5| |Administration/|customer services||||||7|5| |Marketing|||||||1|1| ||||||||13|| |No employees|received emoluments|||in excess of||E60,000||| |INTANGIBLE|FIXED|ASSETS||||||| |INTANGIBLE FIXEDASSETS|| |---|---| ||Website| ||Development| ||E| |COST|| |At 1 January
2022 and 31 December 2022|10,420| |AMORTISATION|| |At 1 January
2022|5,905| |Charge
for year|2,084| |At 31 December 2022|7,989| |NET BOOK VALUE|| |At 31 December 2022|2,431| |At 31 December 2021|4,515| |TANGIBLE FIXED ASSETS|| |---|---| ||Fixtures| ||and| ||fittings
f| |COST|| |At 1 January 2022|55,701| |Additions|5,773| |At 31 December 2022|61,474| |DEPRECIATION|| |At 1 January 2022|51,222| |Charge foryear|3,960| |At 31 December 2022|55,182| |NET BOOK VALUE|| |At 31 December 2022|6,292| |At 31 December 2021|4,479| |FIXEDASSET INVESTMENTS|| ||Shares
in| ||gl'cup| ||undertakings| ||E| ## |MARKET VALUE| |---| |At 1 January
2022 and 31 December 2022| |NET BOOK VALUE| |At 31 December 2022| |At 31 December 2021| ## ## ## ## ## |DEBTORS:A|MOUNTS
F|ALLING DUE WITHIN ONE YEAR||| |---|---|---|---|---| ||||2022|2021| ||||E|f| |Trade debtors|||39,728|40,088| |Amounts
owed|by group undertakings||14,571|50,090| |Other debtors|||35,024|17,472| |Prepayments|||3,238|4,891| ||||92,561|112,541| |CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR||| ||||2022|2021| ||||f|E| |Trade creditors|||9,832|8,023| |Somal secunty|and other|taxes||4,710| |Other creditom|||1,063|60| |Accrued expenses|||147,609|159,128| ||||158,504|171,921| ## ## ## |MOVEM|ENT|IN FUNDS|||||| |---|---|---|---|---|---|---|---| |||||||Net|| |||||||movement|At| ||||||At 1/1/22|in funds|31/12/22| ||||||f|f|E| |Unrestricted||funds|||||| |General|fund||||223,382|(6,973)|216,409| |TOTAL|FUNDS||||223,382|~6,973)|216,409| |Net movement||in funds,|included|in the above are as follows|||| ||||||Incoming|Resources|Movement| ||||||resources
E|expended
f|in funds
E| |Unrestricted||funds|||||| |General|fund||||550,587|(557,560)|(6,973)| |TOTAL|FUNDS||||550,587|~557,560)|~6,973)| |||||Net|| |---|---|---|---|---|---| |||||movement|At| ||||At 1/1/21|in funds|31/12/21| ||||f|f|f| |Unrestricted||funds|||| |General|fund||200,281|23,101|223,382| |TOTAL|FUNDS||200,281|23,101|223,382| ## ## ## |Compara|tive|net movement
in funds,
include|d
in the above are as follows||| |---|---|---|---|---|---| ||||Incoming|Resources|Movement| ||||resources
F|expended
f|in funds
6| |Unrestricted||funds|||| |General|fund||491,642|(468,541)|23, 101| |TOTAL|FUNDS||491,642|(468,541)|23,101| |A curren|t yea|r 12 months
and pnor year 12|months
combined
position
is as follow|s|| |---|---|---|---|---|---| |||||Net|| |||||movement|At| ||||At 1/1/21|in funds|31/12/22| ||||6|5|f| |Unrestricted||funds|||| |General|fund||200,281|16,128|216,409| |TOTAL|FUNDS||200,281|16,128|216,409| ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources
f|expended
f|in funds
6| |Unrestricted||funds|||| |General|fund||1,042,229|(1,026,101)|16,128| |TOTAL|FUNDS||1,042,229|(1,026,101)|16,128| ## ## ## ## ## |||||||for t|he
ear ended 31 Decem|ber 2022|| |---|---|---|---|---|---|---|---|---|---| |||||||||2022
E|2021f| |INCOME AND|ENDOWMENTS||||||||| |Donations
and|legacies||||||||| |Gift aid||||||||495|14,238| |Core Funding||||||||45,253|46,000| |||||||||45,748|60,238| |Other trading|activities||||||||| |Mountain
Training||United||Kingdom||& Ireland|Ltd||| |Gross Income||||||||1,871|2,175| |Charitable
activities|||||||||| |Registrations
and Mountain|||||Training|Association|||| |memberships||||||||331,053|277,723| |Subscnptions||||||||2,600|2,100| |Course registrations||and||enrolments||||50,148|34,802| |Administration|services||and||similar|||119,167|101,681| |Grants|||||||||10,000| |JRS grant|||||||||2,923| |||||||||502,968|429,229| |Total incoming|resources|||||||550,587|491,642| |EXPENDITURE|||||||||| |Other trading|activities||||||||| |Purchases
Closing stock||||||||1,653
~785)|1,737
~924)| |||||||||868|813| |Investment
management|||||costs||||| |Administrative|expenses|||||||220|72| |Charitable
activities|||||||||| |Travel||||||||2,747|| |Staff training||||||||64|196| |Professional
Fees||||||||3,739|2,940| |Fixtures and fittings||||||||6,043|6,752| |||||||||12,593|9,888| |Other|||||||||| |Development
Costs||||||||148,118|116,657| |Coaching
Development||||||||20,127|6,940| |||||||||168,245|123,597| |Supportcosts|||||||||| |Management|||||||||| |Insurance||||||||718|455| |Light and heat||||||||1,645|1,252| |Telephone||||||||4,856|3,275| |Postage and|stationery|||||||4,452|1,108| |Cerned
forward||||||||11,671|6,090| ## |||||Irelan|d
Ltd||| |---|---|---|---|---|---|---|---| ||||Detailed|Statement|of Financial Activities||| ||||for the|ear ended|31 December 2022||| |||||||2022f|2021
8| |Management|||||||| |Brought forward||||||11,671|6,090| |Sundnes||||||2,150|1,250| |Rent||||||7,207|6,335| |Repairs
and|maintenance|||||273|554| |Marketing
and||Pubhc Relations|Literature|||4,717|4,712| |Information|and communication||technology|||34,823|28,548| |Cleaning||||||2,150|1,871| |||||||62,991|49,360| |Finance|||||||| |Bank charges||||||866|792| |Governance||costs|||||| |Wages||||||278,236|257,310| |Somal secunty||||||11,740|14,423| |Pensions||||||1,905|8,234| |Accountancy||fees||||1,772|2,050| |Legal fees||||||1,434|264| |Seminars etc.||||||16,690|1,738| |||||||311,777|284,019| |Total resources||expended||||557,560|468,541| |Net (expenditure)/income||||||~6,973)|23,101|