REGISTERED COMPANY NUMBER.. 04226512 (England and Wales) REGISTERED CHARITY NUMBER: 1090203 Report of the Trustees and Unauditod Finan¢lal Statements for the Year Ended 31 December 2024 for Mountain Training United Kingdom & Ireland Ltd Salisbury & Company Chartered AccDunlanls Ir15h Square Upper Denbigh Road Sl Asaph Denbighshire LL17 ORN
Mountain Training United Kingdom & Ireland Ltd Contents of the Financial Statements for the year onded 31 December 2024 Page Report of tho Tru$t?es Indep¢ndtrnt Examinor's Roport statement of Flnan¢lal A¢tlvltlos 8alan¢o Shoot Cash Flow Statomgnt Notgs to the Cash Flow Statement Notes to the Financial Statem8nt8 9 10 15 Detailed Statement of Financlal Actlvltle8 16 10 17
Mountain Training United Kingdom & Ireland Ltd Report of the Trust¢e$ for the year onded 31 December 2024 The Iruslees who are also directors of the charity lor thè purposes ol the Companies Act 2006, present their report W11h the financial slalemenls ol the charity lor the year ended 31 December 2024 The Iruslees have adopted the provisions of Accounting and Reporting by Charities Slalemenl ol Re¢ommended Practice applicable lo charities preparing their accounts In accordance with the Financial Reporting Standard applicable In the UK and Republic ol Ireland IFRS 1021 leffeclive 1 January 20191. OBJECTIVES AND AIMS Mountain Training United Kingdom & Ireland Limited purpose Is lo develop education and training scheme5 In walking, climbing, mountaineering and related a¢livilies. These activities lake place on arlilicial climbing wall, hill and mountain environments. The schemes are focused on personal skills, leadership, Instruction or coaching and are lor the benefit ol tho public. 11 achieves ils objectives In the following ways To provide a structure lor the Mountaineering Councils and the na110nal Mountain Training organisalions lo discuss and agree the strategic d1reclion and objectives lor Mountain Training In the UK and Ireland and wherever appropriate lo embracè and value slrongef collaboration. TD manage overarchin9 projects sel by the members IMounla1n Training organisalions and Mountaineering Councils) and provide technical and adm1nislralive sorvices and support as required by Individual member organisalions. To be the spokesperson for the national Mountain Training or9anisalions on Issues ol shared Interest and lo manage the Mountain Training website and th8 Candidate Management System. To ensur8 that all Mountain Training qualilicalions and courses are of equal Standard across the UK and Ireland. To act as the Awarding Organisalion lor the Coaching Scheme, the International Mountain Leader and the Mounlaineerirno and Climbing Instructor Scheme, working with our three national cenlr8s and our Independent coaching providers. To manage the Mountain Train1ng Association and provide membership services for the Association of Mountaineering Inslruclors, the British Association ol International 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 compelènl, suitable leaders, coaches Inslruclors and guides. To manage Mountain Training Publications and publish a range ol technical handbooks and media In support ol the Mountain Trairning qualilicalions and courses. To ensure effective communications and marketing campaigns that raise awareness ol our training programmes and promotes our leaders. This Is supported by ongoing research and review of our training schemes, candidates pathways and provider provision. ACHIEVEMENT ANO PERFORMANCE MTUKI Is directly responsible for six qualifications, coordinating a further nine qualification schemes and six skills scheme5. Overall candidate numbers lor 2024 were 12,756, nearly 1denlical lo 2022 bul down on 2023, 11gure of 13.788 17.5D/o reduclionl. Significant work wa5 completed through the year lo reach agreement on a revised International Mountain Leader standard as well as developing the detailed conlenl lor a Bouldering Wall Instructor qualification Sale pr8Ctice and quality training are al the heart ol what all our providers deliver and this was reflected throughout the year In the delivery ol our existing training schemes. The Council ol Mountain Training United Kingdom & Ireland mel three limes in spring. summer and autumn. Ils nominated Directors held additional quarterly meetings lo manage the organ1salion through the year We madè the decision lo hold one Council meeting lace lo lace Ilhanks lo Glenmore Lodge, National Outdoor Centre lor hosting this In 20241 and all others, as well as Board meetings, on-line. These arrangemen15 were, effective, financially beneficial and also reduced our carbon foolprinl. FINANCIAL REVIEW Reserves policy ResÈfves poli¢y 11 has been the policy ol 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 Iruslee5 consider that reserves al this level will ensLJre Ihal, In the event of a significant drop In funding, they will be able lo continue the charity's current activities while consideration Is given lo ways In which additional funds may be raised. This level ol reserve5 has been achieved. Overall, a delioil of £52K is reported aga1nsl a delicil of £49K last year. This Is made up ol memberships, subscriptions and course re9islralions DI £656K. up £125K124°10l and granls and gift aid IncDme of £59K. down £3K, being offset by Increase Is developmenl ol the In-house candidate management system arid coaching development schemes 01 £75K. and highef governance costs. Includin9 staffing anLI consultancy, ol F22K. Page 1
Mountain Training United Kingdom & Ireland Ltd Report of the Trustees for the year ended 31 December 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity Is cor)Irolled by Ils governing document, a deed ol Irusl, and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. Organisational structure The char1ty Is a company limited by guarantee. The trustees, who are also the directors lor the purpose ol company law, and who served during the year were. MrSMWoDd Ms L N Vincent Other changes in directors holding office are as follows Mr P J Anderson - resigned 12th February 2024 Ms E L Ablell - resigned 25th April 2024 Mr S Saddler - resigned 29th June 2024 Mr A Last - resigned 29th June 2024 Mr S Davies appointed 29th June 2024 Ms L Robinson - app01nled 29th June 2024 Mr R Tiplady appointed 29th June 2024 Mr R Chapman - appointed 29th June 2024 Mr K Redmond - appointed 29th June 2024 Mr G Hassall - appointed 29th June 2024 Trustees are appointed by rewmmendalion lo the Board. The Induction process for newly appointed Tru51ees cornprise5 an Initial meeting wlh the Chair, followed by a series ol short meetings on specific aspects ol the charity's work Including the powers and responsibilities ol Individu81 Iruslees and the Board. A brief history ol the charity. copies ol Board minutes, accounts and a copy ol the Charity Commission's guidance Th& Essential Trustee What you need lo know are available lor new Trustees. None ol the Irusl88s has any beneficial interest in the company. The organisalion of the charity Is simple. decisions being made by the Trustees and voting r&presenlalives, There are no charities directly connected with Mountain Training United Kingdom & Ireland Limited. However, several bodies nominate voting reprasenlalives lo the Council. During the year the following appointments as voting represenlalives were current Mountain Training Board Ireland - D Slellox Mountaineering Ireland J Moore Mountain Training Cymru - A Newton / A Bevan BMC Cymru . N Hockley Mountain Training England - P Stacey & S Manns British Mountaineering Council - C Allwood Mountain Training Scotland - M Crawford & M Oignam Mountaineerin9 Scotland - R Cadie Mountain Training United Kingdom & Ireland Limited owns 100/0 ol the Issued share capital ol Mountain Training Publications Limited, a company registered In England & Wales. REFERENCE AND ADMINISTRATIVE DETAILS Regist9red Company number 04226512 IEn9land and Vvalesl Registered Charity number 1090203 Registered office Siabod Cottage Capel Curig Conwy LL24 OES Page 2
Mountain Training United Kingdom & Ireland Ltd Report of the Trustees for tho y¢ar ond¢d 31 December 2024 Trustees Mr S Saddler Iresigned 29161241 Mr A Last Chair of Trustees (resigned 29161241 Ms L N Vincent Mr P J Anderson Iresigned 12121241 MrSMWDod Ms E L Ablell (resigned 23141241 Mr S Davies lappoinled 29161241 Mr R D Tiplady lappointed 29161241 Mr K Redmond lappoinled 29161241 Mr G N Hassall lappoinled 29161241 Ms L Robinson lappoinled 29161241 Mr R Chapman lappoinled 29161241 Company Secretary Mr J F G Cousins Indopondent Examiner Salisbury & Company Chartered Accounlanls Irish Square Uppor Denbigh Road Sl Asaph Denbi9h5hire LL17 ORN ASSET COVER FOR FUNDS The charity operates a sin9le unreslricled fund, The assets available for this fund are sufficient lo meet the charity's obligation5 on a day lo day basis. Approved by order ol tho board ol Irusle&s Dn and 51gned on Ils behalf by Mr K Redmond - Trustee Page 3
Independent Examinerfs Report to the Trustees of Mountain Training United Kingdom & Ireland Ltd Independent examinerfs report to the trustees of Mountain Training United Kingdom & Ireland Ltd I'the Company. I report lo the charity trustees on my examination ol the accounls ol the Company lor Ihe year ended 31 December 2024. Responsibilities and basis of report As the charity's Iruslees ol the Company land also Ils directors for the purposes of company lawl you are responsible lor the preparation ol the accounts In accordance with the requirements of the Companies Act 20061'lhe 2006 Acti. av1ng satisfied myself that the accounts ol the Company are not required lo be audited under Part 16 01 the 2006 Act and are eligible for independent examination, I report in respect ol my examination ol your charity's accounts a5 carried out under Section 145 ol the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examina110n I have followed the Directions given by the Charity Commission under Section 14515} Ib} of the 2011 Act. Indèp¢ndont oxaminor'9 statement Since your charity's gross income exceeded £250,000 your examiner musl be J member ol a1151ed body. I can confirm that l am qu31ilied lo undertake the oxaminalion because l am a member ol the Inslilule ol Chartered Accounlanls In England and Wales, which Is one ol the listed bodies I have completed my examination. I confirm that no matters have come lo my attention In connection with Ihe examination giving me cause lo believe. accounting records were not kept In respect of the Company as required by Section 386 01 the 2006 Act., or the accounts do not accord with those records, or the accounts do not comply with the accounting rèquir6rnenls ol 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 ol an Independent examination, or the accounts have not been prepared In accordance with the methods and principles ol th8 Slalemenl of Recommended Practic& for accounting and reportlTig by charities (applicable lo charitie5 preparing their accounts in accordanc6 with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other mallers In connection with th8 examination lo which attention should be drawn In this report In order lo enable a proper understanding ol the accounts lo be reached. Aled Roberts BA IHonsl FCA Salisbury & Company Chartered Accounlanls Ifi$h Square Upper Denbigh Road Sl Asaph Denbighshire LL170RN Dale 16- 6-3 Page 4
Mountain Tralning United Kingdom & Ireland Ltd statement of Financial Activities for the year ended 31 December 2024 2024 Total funds 2023 Total funds Unreslricled fund Reslr1cled fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 58.910 58,910 82,653 Charitable activities Mountain Training and Co-ordination 656,074 656,074 531,218 Other trading activities Investment Income 2,374 2,113 2.374 2.113 1,724 Total 719,471 719,471 595,595 EXPENDITURE ON Raisin9 funds 1,469 1,469 752 Charitable activitlos Mountain Training and co.ordination 501,779 501,779 451,355 Other 267,751 267,751 192,218 Total 770,999 770,999 644.325 NET INCOMEIIEXPENDITUREI 151,5281 151.5281 148,7301 RECONCILIATION OF FUNDS Total lunds brought forward 167,679 167,679 216,409 TOTAL FUNDS CARRIED FORWARD 116.151 116,151 167,679 The notes form part ol these financial slalemenls Page 5
Mountaln Trainlng United Kingdom & Ireland Ltd Balancé Sheèt 31 Deeember 2024 2024 Total funds 2023 Total funds Unreslricled fund Reslricled lund Notes FIXED ASSETS Intangible asset5 Tangible assets Investments 8.797 21,224 8,797 21,224 347 7,766 12 13 30,023 30,023 8,115 CURRENT ASSETS Stocks Debtors Cash al bank and In hand 14 15 5,721 82,105 199, 792 5.721 82,105 199,792 500 82,712 272,882 287.618 287,618 356,094 CREDITORS Amounts falling due within one year 16 1201,4901 1201,4901 1196, 5301 NET CURRENT ASSETS 86.128 86.128 159.564 TOTAL ASSETS LESS CURRENT LIABILITIES 116,151 116.151 167,679 NET ASSETS 116,151 118,151 167,679 FUNDS Unreslricled funds 18 116,151 167.679 TOTAL FUNDS 116,151 167,679 The charilablo company Is enlilled lo exemption from audit under Section 477 01 the Companies Act 2006 lor the year ended 31 Dgcembor 2024 The members have not required the company lo obtain an audit ol Ils financial slalernenls lor the year ended 31 December 2024 In a¢¢ordanco with Section 476 01 the Companies Act 2006. The Iruslees acknowledge their responsibilities lor lal ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 01 the Companies A¢1 2006 and preparing financial slalemenls which give a true and lair view of the slate of affairs ol the char11able company as al the end ol e8ch financial year and of Ils surplus or delicil for each financial year In accordance with the requirements ol Section5 394 and 395 and which olher¢dise comply with the requirements ol the Companies Act 2006 relating lo financial slalemenls. so lar as applicable ID the charitable compaiiy Ibl These financial slalemenls have been prepared In accordance with the provision5 applicable lo charitable companies subiecl lo the small compani&s regime. The financial slalemenls were approved by the Board ol Trustees and aulhorised lor Issue and were signed on Ils behalf by on Mr K Redmond - Trustee The notes form part ol these Iinancial slalemenls Page 6
Mountsin Training United Kingdom & Ireland Ltd Cash Flow Statement for the year ended 31 December 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations 154,6541 5.457 Nel cash (used Inllprovided by operating activities 154,6541 5,457 Cash flows from investing activities Purchase ol intangible fixed assets Purchase ol tangible fixed a&sèlg Interest received 110,150) 130,8351 2,113 {5.4171 Nel cash used In Investing activities 138,8721 15,4171 Cash flows from financlng a¢tivitlo5 Capital repayments in year 20,436 Nel ¢ash provided by financing activities 20,436 Chango In cash and cash equlv•lents In the roporting period Cash and cash èquivalonts at thè beglnnlng of the roportlng porlod 173,0901 40 272.882 272,842 Cash and cash equivalents at tho end of thg rgporting porlod 199,792 272,882 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 December 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net expenditure for the reporting period las per the Statement of Finan¢ial A¢tiviti¢sl Adjustments for.. Depreciation charges Interest received amount owed by group undertaking Ilncreaselldecrease In stocks Decreasellincreasel In debtors IDecrease}Iincrease In creditors 151.5281 148,730} 19,078 12,1131 117,4331 15,2211 20,242 117.6791 6,028 16,223 285 14.7221 36,373 Not cash lusod Inllprovidtsd by optrrations IS4 6541 5,457 ANALYSIS OF CHANGES IN NET FUNDS Al 111124 Cash flow Al 31112124 Not ¢a5h Cash al bank and In hand 272,882 173,0901 199.792 272,882 173.0901 199.792 Debt Finance leaseg 120,4361 120,4361 120,4361 120,4361 Total 272,882 193,5261 179,356 The notes form part of these financial slalemenls Page 8
Mountain Training United Kingdom & Ireland Ltd Notes to the Financial Statements for the year ended 31 Oecember 2024 ACCOUNTING POLICIES Basis of preparing the finaneial statements The financial slalemenls ol the charitable company, which Is a public benefit entity under FRS 102, have been prepared In accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities Slalemenl ol Recommended Practice applicable lo charities preparing Iheir accounts In accordance with the Financial Reporting Standard applicable In the UK and Republic ol Ireland IFRS 102} leffeclive 1 January 20191., 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 ol Investments which are Included al market value. The Financial Slalemenls show results lor the charity only and not lor Ils subsid1ary. Group accounts are not prepared as the relevant Income Is below the threshold for the preparation ol group accounts sel out In the Charities (Accounts and Reporlsl Regulations 2015. Income Grants are received by th8 charity lo fund It's principle aims and objectives on a revenue basis. These gran15 are recognised in the period In which they are receivable. There are no delerrgd grants or capital grants Donations and gifts are recognised on receipt. The charity PfOV1des accredilalion. direct advice and publications related lo Ils principle objects. Any Income derived Iherelrom Is Included In Incoming Resources from Charitable Aclivilies. Expènditurg Liabilities are recognised In full In the financial slalemenls as soon as an obligation arises. Governance costs Include those costs as50cialed with meeting the conslilulional and slalulory requirements of the charity and Include the Reporting Accounlanls. lee Shared costs are allocatèd be90 Direct Charitablo Expenditurè and Governance Costs on th& basis ol eslimaled time expended Dn each activity. Irrecoverable VAT Is added lo the expenditure Included In each category, where appropriate. Tangiblg fixed assets Depreciation Is provid&d al th8 following annual rates ln order lo write off each asset over Ils eslimaled useful Fixtur&s and fittings 33Vo on cost and 20.10 on cost Stocks Stocks are valued al the lower ol Cost and nel realisable value. after making due allowance lor obsolete and slow movino Items. Taxation Exemption from laxalion Is claimed by the charity undor the provisions ol Sections 468-493 Corporation Tax Act 2010. Pension costs and other post-retiremeDI benefits The charitable company operates a delined contribution pen510n scheme Contributions payable lo the charitable company's pension scheme are charged lo the Slalèmenl of Financial Aclivilios In the period lo which they relate Page 9 continued
Mountain Training United Kingdom & Ireland Ltd Notes to the Financial Statements continued for the year ended 31 December 2024 DONATIONS AND LEGACIES 2024 2023 Girt aid Core Funding 13,910 45,000 17,653 45,000 58,910 62,653 Grants received. Included In the above, are as follow5 2024 2023 UF Core Funding 45,000 45,000 OTHER TRADING ACTIVITIES 2024 2023 Mountain Training United K1ngdom & Ireland Ltd Gross Income 2.374 1.724 INVESTMENT INCOME 2024 2023 Interest recoivablo - trading 2,113 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Regislr8lions and Mounlain Training Association memberships Subscriptions Course regislralions and enrolmenls Adminislralion servic95 and similar Mountain Tra1ning and co.ordination Mountain Training and Co-ordination 394,587 600 371,703 2,600 Mountain Training and Co-ordination 158,546 51,780 Mountain Training and Co-ordination 102,341 105,135 656,074 531.218 CHARITABLE ACTIVITIES COSTS Support costs Isee note 71 Direct Costs Totals Mountain Training and Co_ordination 27.374 474,405 501 779 Page 10 continued...
Mountain Trainin9 United Kingdom & Ireland Ltd Notes to the Financial Statements - continued for the year ended 31 December 2024 SUPPORT COSTS Governance costs Management Finance Totals Mountain Training and co.ordination 74,116 1,425 398,864 474.405 NET INCOMEIIEXPENDITURE) Nel Incomellexpendilurel Is slated after chargingllcreditingl 2024 2023 Depreciation owned assets Website Development amortlsalion 17377 1.700 3,943 2,084 TRUSTEES. REMUNERATION AND 8ENEFITS None ol the Iru51ees lor any persons connected with them) received any remuneration during the year. Tru$tee$' expen$og The Iru51ee5 were reimbursed a lolal ol £N IL12023 £NI Ll lor expenses. 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 349,315 21.809 6,070 328.886 20,759 5,525 377,194 355,170 The average monthly number of employ6es during the year was as follows 2024 2023 Management Adm1nislralionl customer serv1ces Marketing 10 17 14 No employees received emoluments In excess of £60,000 Page 11 continued...
Mountain Training United Kingdom & Ireland Ltd Not¢s to the Financial Statements continued for the year ended 31 December 2024 INTANGIBLE FIXED ASSETS Website Development COST Al 1 January 2024 Additions 10,420 10,150 Al 31 December 2024 20,570 AMORTISATION Al 1 January 2024 Charge lor year 10.073 1,700 Al 31 December 2024 11,773 NET BOOK VALUE Al 31 December 2024 8,797 Al 31 December 2023 347 12. TANG18LE FIXED ASSETS Fixtures and fillings COST Al 1 January 2024 Additions 66,891 30.835 Al 31 December 2024 97,726 DEPRECIATION Al 1 January 2024 Charge Iof year 59,125 17,377 Al 31 December 2024 78,502 NET BOOK VALUE Al 31 De¢ember 2024 21,224 Al 31 December 2023 7,768 13. FIXED ASSET INVESTMENTS Shafes In group undertakings MARKET VALUE Al 1 January 2024 and 31 December 2024 NET BOOK VALUE Al 31 December 2024 Al 31 December 2023 There were no irnveslmenl assets outside the UK. The company's investments al the balance sheet dale In the share Capital of companies Include the lollowing Page 12 Conlinuèd
Mountain Training United Kingdom & Ireland Ltd Notes to the Financial Statements Contlnued for tho year ond¢d 31 De¢ombgr 2024 FIXED ASSET INVESTMENTS . continued Mountain Training Publications Ltd RegislereLI office Nature ol business. Sale ol publications elc Class ol share Ordinary holding 100 31112124 31112123 Aggregate ¢api181 and reserves 39.022 39.022 14. STOCKS 2024 2023 Stocks 5,721 500 15. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Amounts owed by group undertakings Other debtors Prepayments 42,896 19,635 13,200 6,374 26,794 45,059 10,859 82.105 82,712 16. CREDITORS.. AMOUNTS FALLING OUE WITHIN ONE YEAR 2024 2023 Hire purchase Isee note 171 Trade creditors Amounts owed lo group undertakings Social security and other taxes Other creditor5 Accrued expenses 20,436 6,532 3.856 14.324 1,653 12,826 2.468 168,198 167,727 201,490 196,530 Accrued expensès Includes £160, 75012023 £156,880) relating lo memberships received In advance. 17, LEASING AGREEMENTS Minimum lease payments under hire purchase fall due as follows 2024 2023 Nel obligations repayable Within one year 20,436 Page 13 continued.
Mountain Training United Kingdom & Ireland Ltd Notes to the Financial Statemenis continued for the year ended 31 December 2024 18. MOVEMENT IN FUNDS Nel movement In lunds Al 31112124 Al 111124 Unrestricted funds General fund 167,679 151,5281 116,151 TOTAL FUNDS 167,679 151,5281 116,151 Nel movement In Ivnds, Included in the above are as follows Incoming resources Resourcos expended Movement In funds Unrestricted funds General lund 719,471 1770,9991 151,5281 TOTAL FUNDS 719,471 1770,9991 151.5281 Comparatlvo$ for movoment In fund$ Nel movement In funds Al 31112123 Al 111123 Unre8trlcted fund8 General fund 216,409 148, 7301 167,679 TOTAL FUNDS 216.409 148,7301 167.679 Comparative nel movement In lunds, Included In the above are as follows Incoming resouroes Resources expended Movement in funds Unrèstrlcted fund8 General fund 595,595 1644,3251 148, 7301 TOTAL FUNDS 595,595 1644,3251 148, 7301 A current year 12 months and prior year 12 months combined position Is as follows. Nel movement In funds Al 31112124 Al 111123 Unrestricted fund5 General fund 216.409 1100,2581 116,151 TOTAL FUNDS 216.409 1100,2581 116,151 Page 14 continued.
Mountain Training Unitgd Kingdom & Ireland Ltd Notes to the Flnanclal Ststèments - Contlnuèd for the year endod 31 December 2024 18. MOVEMENT IN FUNDS - continued A current year 12 month5 and prior year 12 months combined nel movement In funds, Included In the abov9 are as follows Incoming resources Resources expended Movement In funds UnroStri¢tod funds General fund 1,315.066 11,415.3241 1100,2581 TOTAL FUNDS 1,315,066 11.415,324) 1100,2581 19. RELATED PARTY DISCLOSURES The charitable company owns 1000/D ol the Issued share capital ol Mountain Training Publications Limited, company registered in England and Wales. During the year the charity received amoun15 lolalling £17.652 12023 £4951 as donations under the gift aid sch8me from Mountain Training Publications Limited In relation lo 2023 profits. As a131 sl December 2024 there were oovenanls lolalling £13,90912023 F.17,6521 due from Mountain Training Publications Limited in relation lo profits lor the year. This Is due by 30th September 2025. During the year an amount of £9,99712023 £8,709) was Invoiced lo Mountain Training Publications Limited In respect ol cleaning and other services. Al 31st December 2024 £19,635 was owed by Mountain Training Publication Ltd 12023 £1.653 owed lo Mountain Training Publication Lldl. This Is payable under the normal terms ol the charity's aclivili8S. Page 15
Mountain Training United Kingdom & Ireland Ltd Detailed Statement of Financial Activities for the year ended 31 Decembor 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legaeies Gift aid Core Funding 13.910 45,000 17,853 45,000 58,910 62,653 Other trading activities Mountain Training United Kingdom & Ireland Ltd Gross Income 2,374 1.724 Invg8tmgnt in¢omo Interest receivable - trading 2,113 Charltablè actlvltl86 Regislfalions and Mountain Training Associalion memberships Subscriptions Course regislralions and enrolmenls Adminislralion services and similar 394.587 600 158.546 102,341 371,703 2,600 51,780 105,135 656,074 531.218 Total In¢omlng re8our¢o8 719,471 595.595 EXPENDITURE Other tradlng activities Purchases Closing slo¢k 1,469 1.252 15001 1.469 752 Charitablo a¢tivitio$ Travel Staff training Professional Fees Fixtures and Irting5 2,715 557 3,977 20,125 2,655 492 4,616 6,028 27,374 13,791 other Development Costs Coaching Development Performance Coach Training 223.639 39,373 4739 146,841 40,173 5.204 267.751 192,218 Support costs Management Insurance Light and heal Telephorie Postage and slalionery Sundries Carried forward 1,157 2,093 6,051 2,369 11621 11,508 1,197 1.586 5.668 2788 1,842 13.081 This page does not form part ol the slalulory financial slalemenls Page 16
Mountain Training United Kingdom & Ireland Ltd Detailed Statement of Financial A¢tivitiÈs for the year onded 31 De¢ember 2024 2024 2023 Management Brought forward Rent Repairs and maintenance Marketing and Public Relations Literature Information and communication technology Cleaning 11,508 7.771 1.054 4.115 47,257 2,411 13,081 8,139 908 811 39,116 2.645 74,116 64,700 Flnance Bank charges 1,425 848 Governanco Costs Wages Social security Pensions Accountancy lees Legal lees Seminars elc. Consultancy 349,315 21,809 6,070 2,221 328,886 20,759 5,525 2,137 3,083 6.538 5.088 18,249 1,200 398,864 372,016 Total resources expended 770,999 644,325 Not èxpondlturo 151.5281 148 7301 This page does not form part ol the slalulory financial slalemenlg Page 17