REGISTERED COMPANY NUMBER.. 04226512 (England and Wales) REGISTERED CHARITY NUMBER". 1090203 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2023 for Mountain Training United Kingdom & Ireland Ltd Salisbury & Company Chartered Accounlanls Irish Square Upper Denbigh Road Si Asaph Denbighshire LL17ORN
Mountain Training United Kingdom & Ireland Ltd Contents of the Financial Statements for the year ended 31 December 2023 Report of the Trustees Page Independent Examiner's Report Statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Cash Flow Statement Notes to the Financial Statemonts Detailed Statement of Financial Actlvities 9 10 15 16 10 17
Mountain Training United Kingdom & Ireland Ltd Report of the Trustees for the year ended 31 December 2023 The Iruslees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial slalemenls of the charity for the year ended 31 December 2023. The Iruslees have adopted the provisions of Accounting and Reporting by Charities.. Sialemenl of Recommended Practice applicable lo charities preparing their (effective 1 January 207 9) accoLJnls in accordance with the Financjal Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 OBJECTIVES AND AIMS Mountain Training United Kingdom & Ireland Limited purpose is lo develop education and training schemes in walking, climbing, mountaineering and related aclivilies. These activities lake place on artificial climbing wall, hill and mountain the public. environments. The schemes are focused on personal skills, leadership, instruction or coaching and are for the benelil of 11 achieves ils objectives in the following ways. ro provide a slruclure for the Mountaineering Councils and the national Mountain Training organisalions lo discuss and embrace and value stronger collaboration. agree the strategic direction and objectives for Mountain Training in Ihe UK and Ireland and wherever appropriate lo To manage overarching projects sel by the members {Mounlain Training organisalions and Mountaineering Councils) and provide technical and adminislralive services and support as required by individual member organisalions. To be Ihe spokesperson for the national Mountain Training organisalions on issues of shared Inleresl and lo manage the Mountain Training website and the Candidate Management System. To ensure that all Mountain Training qualifications and courses are of equal standard across the UK and Ireland. To act as the Awarding Organisalion for the Coaching Scheme, the Inlemalional Mountain Leader and the providers. Mountaineering and Climbing Instructor Scheme, working With our three national cer71res and our independent coaching To manage the Mountain Training Association and provide membership services for the Association ol Mountaineering Inslruclors, the British As80cialion of Inlernalional Mountain Leaders and the British Mountain Guides. This is lo support qualified leaders, inslruclors, coaches and guides both in accessing necessary services and enabling the public lo choose current and compelenl, suitable leaders, coaches inslruclors and guides. To manage Mountain Training Publications and publish a range of technical handbooks and media in support of the Mountain Training qualifications and courses. promotes our leaders. ro ensure effective communications anrj marketing campaigns that raise awareness of our training programmes and pathways and provider provision. This is supported by ongoing research and review of our training schemes. candidates ACHIEVEMENT AND PERFORMANCE MTUKI is directly responsible for six qualifications, and 2023 saw the continued "bounce back" in candidate numbers following covid. Significant Work Was completed through the year lo reach agreement on the value of developing a new Bouldering Wall Instructor qualification. Safe practice and quality training are al the heart ol whal all our providers deliver and this was reflected throughout the year In the delivery of our existing training schemes. The Council of Mountain Training United Kingdom & Ireland mel three limes in spring, summer and autumn Ils nominated Directors held additional quarterly meetings lo manage the organisalion through the year. We made the decision lo hold one Council meeting face lo face (thanks lo Plas y Brenin, National Outdoor Centre for hosting this in also reduced our carbon foolprinl. 2023) and all others, as well as Board meetings, on-line. These arrangements were, effective, financially beneficial and FINANCIAL REVIEW Reserves policy 11 Is the policy of the charity that unreslricled funds which have not been designated for a specific use should be maintained al a level equivalent lo six month's expenditure The Iruslees consider that reserves al this level will ensure that, in the event of a significant drop in fLJnding, Ihey will be able lo continue Ihe charity's current activities while consideration is given lo ways in which additional funds may be raised This level of reserves has been achieved Overall, a deficit of £49K is reported against a deficit of £7K last year. This Is made up of memberships. subscriptions and course regislralions of £531 K, up £28K (50/.) and grants aod gift aid income of £62K, up £17K, being offset by increase is development of the In house candidate management system and coaching development schemes of £24K, and higher governance costs, Including staffing and consullancy, of £60k. Page 1
Mountain Training United Kingdom & Ireland Ltd Report of the Trustees for the year ended 31 Oe¢ember 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing document. a deed of trust. and conslilutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Organisational structure The charity is a company limited by guarantee. rhe trustees, who are also the directors for the purpose of company law, and who served during the year were.. Mr S Saddler Mr A Last Ms L N Vincent Other changes in directors holding office are as follows.. Ms E Thompson - resigned 24 June 2023 Ms E L Ablell appointed 24 June 2023 Mr P J Anderson appointed 24 June 2023 Mr S M Wood - appointed 24 June 2023 Mr P J Anderson ceased lo be a director after 31 December 2023 bul prior lo the dale of this report. Truslees are appointed by recommendation lo the Board. The induction process for newly appointed Trustees comprises an Initial meeting with the Chair, followed by a series of short meetings on specific aspects of the charity's work including the powers and responsibilities of Individual Iruslees and the Board. A brief history of the charity. copies of Board minutes, accounts and a copy of the Charity Cornmission's guidance The Essential Trustee". What you need lo know are available for new Trustees, None of the Iruslees has any beneficial interest in the company. The organisalion of the charity is simple, decisions being made by Ihe Trustees and voting represenlalives. There are no charities directly connected with Mountain Training United Kingdom & Ireland Limited However, several bodies nominate voting represenlalives lo the Council During the year the following appointments as voting represenlalives were current.. Mountain Training Board Ireland - D Slelfox Mountaineering Ireland - D Ayton Mounlain Training Cymru A Newton l A Gibbs BMC Cymru - N Hockley Mountain Training England . P Stacey & N Adshead British Mountaineering Council - Fiona Saunders? C Allwood Mountain Training Scotland - M Crwalord & M Dignam Mountaineering Scotland - R Cadie Mountain Training Uniled Kingdom & Ireland Limited owns 100Q/o of the issued share capital of Mounlain Training Publications Limited, a company registered In England & Wales. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04226512 (England and Wales) Registered Charity number 1090203 Registered office Siabod Collage Capel Curig Conwy LL24 OES Page 2
Mountsin Training United Kingdom & Ireland Ltd Report of the Trustees for the year ended 31 December 2023 Trustees Ms E Thompson Independent Member (resigned 2416123} Mr S Saddler Mr A Last Chair of Trustees Ms L N Vincent Mr P J Anderson (appointed 24161231 Mr S M Wood lappoinled 2416123) Ms E L Ablell (appointed 24161231 Company Secretary Mr J F G Cousins Independent Examiner Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 ORN ASSET COVER FOR FUNDS The charity operates a single unreslricled fund. The assets available for this fund are sulficienl lo meet the charilvs obligations on a day lo day basis. Approved by order of the board of Iruslees on 21 June 2024 and signed on its behalf by.. A•z/ Mi A Last . Trustee Page 3
Independent Examiner's Report to the Trustees of Mountain Training United Kingdom & Ireland Ltd Independent examinerfs report to the trustees of Mountain Training United Kingdom & Ireland Ltd {'the Company'l report lo the charily Iruslees on my examination of the accounts of Ihe Company for the year ended 31 December 2023. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of Ihe Companies Act 20061'lhe 2006 Act,). Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for Independent examination, I report in respect ol my examination of your charity's accounts as carried out under Section 145 of the Charilies Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Independent examinerfs statement Since your charity's gross Income exceeded £250,000 your exarniner musl be a member of a lisled body. I can confirm that l am qualified lo undertake the examination because l am a member of the Ir)slitule of Chartered Accounlanls in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no mallers have come to my allenlion in connection with Ihe examination giving me cause to believe". accounting records were not kept In respecl of the Company as required by Section 386 of the 20C6 Act., or the accounts do not accord wilh those records". or the accounts do not comply wilh the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and lair view which is not a maller considered as part of an independent examination.. or the accounts have not been prepared in accordance with the methods and principles of the Slalement of Recommended Practice for accounting and reporting by charities {applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021) I have no concerns and have come across no olher mallers in connection with the examination lo which allenlion should be drawn In this report in order lo enable a proper understanding of Ihe accounts lo be reached. Aled Roberts BA (Honsl FCA Salisbury & Company Chariered Accounlanls Irish Square Upper Denbigh Road Sl Asaph Denbighshife LL17 ORN Oate.. 6.JLIJ Page 4
Mountain Training United Kingdom & Ireland Ltd Statement of Financial Activities for the year ended 31 December 2023 2023 Total funds 2022 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 62,653 62.653 45,748 Charitsble activities Mountain Training and Co-ordination 531,218 531,218 502,968 Other trading activities 1,724 1,724 1,871 Total 595,595 595,595 550.587 EXPENDITURE ON Raising funds 752 752 1,088 Charitable activities Mountain Training and Co-ordination 451,355 451,355 388,227 Other 192,218 192,218 188,245 Total 644,325 644,325 557,560 NET INCOMEIIEXPENDITUREI 148,730) 148,7301 (6,973) RECONCILIATION OF FUNDS Total funds brought forward 216,409 216,409 223,382 TOTAL FUNOS CARRIED FORWARD 167.679 167,679 216,409 The notes form part of these financial slalerllents Page 5
Mountain Training United Kingdom & Iland Ltd Balance Sheet 31 December 2023 2023 Total funds 2022 Total funds Unreslricled fund Restricted fund Notes FIXED ASSETS Intangible assets Tangible assets Investments 10 347 7,766 347 7,766 2,431 6,292 12 8,115 8,115 8,725 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 13 14 500 82,712 272,882 500 82,712 272,882 785 92,561 272,842 356,094 356,094 366.188 CREDITORS Arnounls falling due within one year 15 (196,530) (196,530) 1158.504} NET CURRENT ASSETS 159,564 159,564 207,684 TOTAL ASSETS LESS CURRENT LIABILITIES 167,679 167,679 216,409 NET ASSETS 167,679 167,679 216,409 FUNDS Unreslricled funds 16 167,679 216,409 TOTAL FUNDS 167,679 216,409 The charitable company is entitled lo exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023. The members have not required the company lo obtain an audit of ils financial statements for the year ended 31 Decernber 2023 in accordance with Section 476 of the Companies Act 2006. The Iruslees acknowledge their responsibilities for lal ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial slalemenls which give a true and fair view of the slate of affairs of the charitable company as at the end of each financial year and of its surplus or deficit lor each financial year in accordance with the requirements of Sections 394 and 395 and which olhewise comply with the requirements of the Companies Act 2006 relating lo financial stalewenls. so far as applicable lo the charitable company. These financial slalemenls have been prepared in accordance with the provisions applicable to charitable companies subject lo the small companies regime. {bl The financial statements were approved by the Board of Trustees and aulhorised for issue on 21 June 2024 and were signed on ils behalf by Mr A Last - Trustee The notes form part of these financial slalemenls Page 6
Mountain Training United Kingdom & Ireland Ltd Cash Flow Statement for the year ended 31 December 2023 2023 2022 Notes Cash flows from operating activities Cash generated from operations 5,457 5.773 Nel cash provided by operating activities 5,457 5.773 Cash flows from investing activities Purchase ol tangible fixed assets {5.4171 (5, 7731 Nel cash used in Investing activities {5,4171 (5, 7731 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 40 272,842 272,842 Cash and cash equivalents at the end of the reporting period 272,882 272,842 The notes form part of these financial slalemenls Page 7
Mountain Training United Kingdom & Ireland Ltd Notes to the Cash Flow Statement for the year ended 31 De¢ember 2023 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net expenditure for the reporting period las per the Statement of Financial Activities) Adjustments for-. Depreciation charges amount owed by group undertaking Decrease in stocks Increase in debtors Increaselldecfeasel in creditors {48.7301 {6,973) 6,028 16,223 285 14,7221 36,373 6,043 35,520 139 {15.5391 <13.4171 Net cash provided by operations 5.457 5,773 ANALYSIS OF CHANGES IN NET FUNDS Al 111123 Cash flow Al 31112123 Net cash Cash al bank and In hand 272,842 40 272,882 272.842 40 272.882 Total 272,842 40 272,882 The notes form part of these financial stalements Page 8
Mountain Training United Kingdom & Iland Ltd Notes to the Financial Statements for the year ended 31 December 2023 ACCOUNTING POLICIES Basis of preparing the financial statements The financial slalemenls of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102) 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) leffe¢live 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable In the UK and Republic of Ireland, and the Companies Act 2006. The financial slalemenls have been prepared under the historical cost convention, with the exception of investments which are included al market value The Financial Slalemenls show results for the charity only and not lor ils subsidiary Group accounts are not prepared as the relevant incorNe is below the threshold for the preparation ol group accounts sel out In the Charities (Accounts and Reports) Regulations 2015. Income Grants are received by the charity lo fund it's principle aims and objectives on a revenue basis. These grants are recognised in the period in which they are receivable. There are no deferred grants or capital grants. Donations and gifts are recognised on receipl. The charily provides accredilalion. direct advice and publications related lo ils principle objects. Any Income derived Iherelrom is Included in Incoming Resources from Charitable Activities Expenditure Liabilities are recognised in full in the financial slalemenls as soon as an obligation arises. Governance costs include those costs associated wilh meeting the conslilulional and slalulory requirements of the charity and Include the Reporting Accounlanls, fee. Shared costs are allocated between Direct Charitable Expenditure and Governance Costs on thè basis of eslimaled lime expended on each activity Irrecoverable VAT is added to the expenditure included in each category, where appropriate Tangible fixed assets Depreciation is provided al the following annual rates in order lo write off each asset over Ils eslimaled useful Fixtures and fillings 330/0 on cost and 200/0 on cost Stocks Stocks are valued al the lower of cost and nel realisable value, after making due allowance lor obsolete and slow moving items. Taxation Exemption from laxalion Is claimed by the ch8rily under the provisions of Sections 466-493 Corporation Tax Act 2010 Pension costs and other post-retirement benefits The charilable company operates a defined contribution pension scheme. Conlribulions payable lo the charitable company's pension scheme are charged lo the Slalemenl of Financi81 Activities In the period lo which they relale Page 9 continued
Mountsin Training United Kingdom & Ireland Ltd Notes to the Financial Ststements - continued for the year ended 31 December 2023 DONATIONS AND LEGACIES 2023 2022 Gift aid Core Funding 17,653 45,000 498 45,250 62,653 45,748 Grants received, included in the above, are as follows 2023 2022 UF Core Funding 45.000 45,250 OTHER TRADING ACTIVITIES 2023 2022 Mountain Training United Kingdom & Ireland Lld Gross Income 1.724 1,871 INCOME FROM CHARITABLE ACTIVITIES 2023 2022 Aclivily Regislralions and Mountain Training Association memberships Subscriptions Course regislralions and enrolmenls Adminislralion seNices and similar Mountain Training and Co-ordination Mountain Training and Co-ordination 371,703 2.600 331.053 2,600 Mountain Training and Co-ordination 51,780 50,148 Mountain Training and Co-ordination 105,135 119,167 531,218 502,968 CHARITABLE ACTIVITIES COSTS Support costs (see note 6) Direct Costs Totals Mountain Training and Co-ordination 13,791 437,564 451,355 SUPPORT COSTS Governance costs Management Finance Totals Mountain Tr81ning and Co-ordination 64,700 848 372,016 437,564 NET INCOMEIIEXPENDITUREI Nel incomel(expendilure} is slated after chargingllcredilingl.. 2023 2022 Depreciation owned assets Website Development amortisation 3,943 2,084 3,960 2,084 Page 10 continued.
Mountain Training United Kingdom & Ireland Ltd Notes to the Financial Statements continued for the year ended 31 December 2023 TRUSTEES. REMUNERATION AND BENEFITS None ol the Iruslees {or any persons connected with them) received any remuneration during the year. Trustees, expenses The Iruslees were reimbursed 8 lolal of £NIL (2022 £N I L) for expenses. STAFF COSTS 2023 2022 Wages and salaries Social security costs Other pension costs 328,886 20,759 5,525 278,236 11,740 1,905 355,170 291,881 The average monthly number of employees during the year was as follows.. 2023 2022 Management Adminislralionl customer servi$ Marketing 14 13 No employees received emoluments in eXsS of £60,000 10. INTANGIBLE FIXED ASSETS Website Development COST Al 1 January 2023 and 31 December 2023 10,420 AMORTISATION Al 1 January 2023 Charge for year 7.989 2,084 Al 31 December 2023 10,073 NET BOOK VALUE Al 31 December 2023 347 At 31 December 2022 2,431 Page11 continued.
Mountsin Training United Kingdom & Ireland Ltd Notes to the Financial Statements - continued for the year ended 31 December 2023 TANGIBLE FIXED ASSETS Fixtures and fillings COST Al 1 January 2023 Additions 61,474 5.417 Al 31 December 2023 68,891 DEPRECIATION Al 1 January 2023 Charge for year 55,182 3,943 Al 31 December 2023 59,125 NET BOOK VALUE At 31 December 2023 7.766 Al 31 December 2022 6,292 12. FIXED ASSET INVESTMENTS Shares in group undertakings MARKET VALUE Al 1 January 2023 and 31 December 2023 NET BOOK VALUE Al 31 December 2023 Al 31 December 2022 There were no investment assets oulside the UK. The company's investments al the balance sheet dale in the share capital of companies include the following". Mountain Training Publications Ltd Registered office. Nature of business.. Sale of publications elc Class of share.. Ordinary holding 100 31112123 31112122 Aggregate capital and reserves 39,022 39,022 13. STOCKS 2023 2022 Stocks 500 785 Page 12 conlinued...
Mountain Training United Kingdom & Iland Ltd Notes to the Financial Statements - continued for the year ended 31 December 2023 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade debtors Amounts owed by group undertakin9S Other debtors Prepayments 26,794 39,728 14.571 35.024 3,238 45,059 10,859 82,712 92.561 15. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade creditors Amounts owed lo group undertakings Social security and other taxes Other creditors Accrued expenses 14,324 1,653 12,826 9,832 1,063 147,609 167,727 196,530 158,504 Accrued expenses includes £156,88012022. £140,896) relating lo memberships received in advance. 16. MOVEMENT IN FUNDS Nel movement in funds Al 31112123 Al 111123 Unrestricted fund8 General fund 216,409 {48,7301 167,679 TOTAL FUNDS 216,409 {48,730} 167,679 Nel movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement In funds Unrestricted funds Genera1 fund 595,595 {644,3251 148,730) TOTAL FUNDS 595,595 1644,325} 148,7301 Comparatives for movement in funds Nel movement in funds Ai 31112122 At 111122 Unrestricted funds General fund 223,382 16.9731 216,409 TOTAL FUNDS 223,382 (6,973} 216,409 Pa9e 13 continued..
Mountain Training United Kingdom & Iland Ltd Notes to the Financial Statements - continued for the year ended 31 December 2023 16. MOVEMENT IN FUNDS - continued Comparative nel movement In funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrictod funds Gener81 fund 550,587 1557,560> 18,9731 TOTAL FUNDS 550.587 {557,5601 16,973) A current year 12 months and prior year 12 months Combined position is as follows.. Nel movement in funds Al 31112123 Al 111122 Unrestricted funds General fund 223,382 155,703} 1 $7,879 TOTAL FUNDS 223,382 {55,7031 167,679 A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are as follows Incoming resources Resources expended Movement in funds Unrestricted funds General fund 1,146,182 11.201.885) (55,703) TOTAL FUNDS 1.146,182 11 ,201,885) 155, 7031 RELATED PARTY DISCLOSURES The charitable company owns 1000/0 ol the issued share capital of Mountain Training Publications Limited, a company registered In England and Wales During the year the charity received amounts lolalling £495 {2022. £14.2381 as donalions under the gift aid scheme from Mountain Training Publications Lirniled In relalion lo 2022 profits. As al 31 sl December 2022 there were covenants lolalling £17.652 12022'.£4951 due from Mountain Training Publications Limited In relation lo profits lor the year This is due by 30th September 2024. During the year an amount of £NIL {2022.' £5.470) was invoiced lo Mountain Training Publicalions Limited In respect of management fees. During the year an amount of £8,709 12022.. £6,376) was invoiced lo Mountain Training Publications Limited In respect of cleaning and other services. Al 31st December 2023 £1,653 wa5 owed lo MoLJnlain Training Publication Ltd (2022. £14.571 owed by Mountain Training Publication Lldl This is payable under the normal lerms of the charity's aclivilies. Page 14 continued
Mountsin Training United Kingdom & Ireland Ltd Notes to the Financial Statements continued for the year ended 31 December 2023 17. RELATED PARTY DISCLOSURES . continued On 17th April 2020 HSBC withdrew Ils banking services from Mountain Training United Kingdom and Ireland IMTUKII closing its current and savings accounts. This resulted In a cheque lo the value of £272,860.43 being made oul lo MTUKI. AI 31 December 2021 our Independent Examiner raised this as a maller of concern In their report. In praclical terms MTUKI were wilhoul an operational bank account and had lo enter into a banking services agreemenuarrangemenl with Mountain Training Publications Limited {MTP} lo use their bank account lo receive all sources of income and sellle all expenses This arrangement was in place from 17th April 2020 to the end of 2023 MTUKI directors are in the process of opening a current and savings account with Virgin Money. This has now been resolved with two bank accounts In operation and all monies deposited accordingly. Page 15
Mountain Training United Kingdom & Iland Ltd Detsiled Statement of Financial Activities for the year ended 31 December 2023 2023 2022 INCOME AND ENDOWMENTS Donations and legacies Gift aid Core Funding 17,653 45,000 498 45.250 62,653 45,748 Other trading activities Mountain Training Uniled Kingdom & Ireland Ltd Gross Income 1.724 1,871 Charitable activities Regislralions and Mountain Training Association memberships Subscriptions Course regislralions and enrolmenls Adminislralion services and similar 371,703 2,600 51,780 105.135 331,053 2,600 50,148 119,167 531,218 502,988 Total incoming resources 595,595 550,587 EXPENDITURE Other trading actlvitles Purchases Closing slock 1,252 {500) 1,653 1785} 752 868 Investment management costs Adminislralive expenses 220 Charitable activities Travel Staff training Professional Fees Fixtures and fillings 2,655 492 4,616 8,028 2,747 3,739 6,043 13,791 12.593 Other Development Costs Coaching Development No description 146,841 40,173 5,204 148,118 20,127 192,218 168,245 Support costs Management Insurance Light and heat Telephone Postage and slalionery Sundries Carried forward 1,197 1.586 5,668 2,788 1,842 13,081 718 1,645 4.856 4,452 2,150 13,821 This page does nol form part of the slalulory financial slalemenls Page 16
Mountain Training United Kingdom & Ireland Ltd Detailed Statement of Financial Activities for the year ended 31 December 2023 2023 2022 Management BroLJghl forward Rent Repairs and maintenance Marketing and Public RelaliorTrs Literature Information and communication technology Cleaning 13,081 8.139 908 811 39,116 2.645 13.821 7,207 273 4,717 34,823 2,150 64,700 62,991 Finance Bank charges 848 866 Governance costs Wages Social security Pensions Accountancy fees Legal fees Seminars etc Consultancy 328,886 20,759 5,525 2.137 3,083 6.538 5.088 278,236 11,740 1,905 1,772 1,434 16,690 372.016 311,777 Total resources expended 644.325 557,560 Net expenditure {48.730) 16,9731 This page does not form part Df the stalulory financial slalemenls Page17