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 2025
for
Mountain Training United Kingdom & Ireland Ltd
Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN
Mountain Training United Kingdom & Ireland Ltd
Contents of the Financial Statements for the year ended 31 December 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Cash Flow Statement | 8 | ||
| Notes to the Cash Flow Statement | 9 | ||
| Notes to the Financial Statements | 10 | to | 16 |
| Detailed Statement of Financial Activities | 17 | to | 18 |
Mountain Training United Kingdom & Ireland Ltd
Report of the Trustees for the year ended 31 December 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
OBJECTIVES AND AIMS
Mountain Training United Kingdom & Ireland Limited purpose is to develop education and training schemes in walking, climbing, mountaineering and related activities. These activities take place on artificial climbing walls, hill and mountain environments. The schemes are focused on personal skills, leadership, instruction or coaching and are for the benefit of the public.
It achieves its objectives in the following ways:
To provide a structure for the Mountaineering Councils and the national Mountain Training organisations to discuss and agree the strategic direction and objectives for Mountain Training in the UK and Ireland and wherever appropriate to embrace and value stronger collaboration.
To manage overarching projects set by the members (Mountain Training organisations and Mountaineering Councils) and provide technical and administrative services and support as required by individual member organisations.
To be the spokesperson for the national Mountain Training organisations on issues of shared interest and to 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 Organisation for the Coaching Scheme, the International Mountain Leader and the Mountaineering and Climbing Instructor Scheme, working with our three national centres and our independent coaching providers.
To manage the Mountain Training Association and provide membership services for the Association of Mountaineering Instructors, the British Association of International Mountain Leaders and the British Mountain Guides. This is to support qualified leaders, instructors, coaches and guides both in accessing necessary services and enabling the public to choose current and competent, suitable leaders, coaches, instructors 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.
To ensure effective communications and marketing campaigns that raise awareness of our training programmes and promote our leaders. - This is supported by ongoing research and review of our training schemes, candidates' pathways and provider provision.
ACHIEVEMENTS AND PERFORMANCE
MTUKI is directly responsible for six qualifications, coordinating a further nine qualification schemes and six skills schemes. Overall candidate numbers for 2025 were 12,362 nearly identical to 2024 but down on 2023' figure of 13,788. Significant work was completed through the year to review the existing coaching scheme, implement the revised International Mountain Leader scheme and progress the review of the Mountaineering and Climbing Instructor scheme. Safe practice and quality training are at the heart of what 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 met three times in spring, summer and autumn. Its nominated Directors hold additional quarterly meetings to manage the organisation throughout the year. We made the decision to hold one Council meeting face to face (thanks to Tollymore, National Outdoor Training Centre for hosting this in 2024) and all others, as well as Board meetings, online. These arrangements were effective, financially beneficial and also reduced our carbon footprint.
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Mountain Training United Kingdom & Ireland Ltd
Report of the Trustees for the year ended 31 December 2025
FINANCIAL REVIEW
Overall, a deficit of £14K is reported against a deficit of £52K last year. This is made up of memberships, subscriptions and course registrations of £677K, up £21K (3%) and grants and gift aid income of £61K, up £2K, with the increase being offset by higher governance costs, including staffing and consultancy, of £57K.
Reserves Policy
It is the policy of the board to base our group reserves on “net liquid assets” where these are a measure of an immediate or near-term liquidity position of our company, calculated as liquid assets less adjusted current liabilities. We consider liquid assets to be cash, marketable securities, and accounts receivable/customer debt that can be readily converted to cash at their approximate current value. Current liabilities are our company’s short-term financial obligations that are due within one year – accounts payable/trade creditors, taxation, accrued costs (budgeted expenses not yet charged) and deferred income (provision of service to MTA members).
At 31st December 2025 we had liquid assets of £336,991 and from the 2026 budget are able to calculate that we require £238,526 to cover 6 months trading, so staying within our ideal levels
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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Mountain Training United Kingdom & Ireland Ltd
Report of the Trustees for the year ended 31 December 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure
The charity is a company limited by guarantee.
The trustees, who are also the directors for the purpose of company law, and who served during the year were:
Mr SM Wood Mr S Davies Ms L Robinson Dr R D Tiplady Mr R Chapman Mr K Redmond Mr G Hassall
Other changes in directors holding office are as follows
Ms L N Vincent resigned 2nd April 2025, Ms E Thompson appointed on 28th June 2025
Trustees are appointed by recommendation to 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 trustees and the Board. A brief history of the charity, copies of Board minutes, accounts and a copy of the Charity Commission's guidance "The Essential Trustee: What you need to know" are available for new Trustees.
None of the trustees has any beneficial interest in the company.
The organisation of the charity is simple, decisions being made by the Trustees and voting representatives. There are no charities directly connected with Mountain Training United Kingdom & Ireland Limited. However, several bodies nominate voting representatives to the Council. During the year the following appointments as voting representatives were current: -
Mountain Training Board Ireland - K O'Callaghan & R Yanay Mountaineering Ireland - L Feeley Mountain Training Cymru - A Newton & M Stephens BMC Cymru - N Hockley Mountain Training England - P Stacey & K James British Mountaineering Council - C Allwood & P Ratcliffe Mountain Training Scotland - M Crawford & M Dignam Mountaineering Scotland - R Cadie & S Younie
Mountain Training United Kingdom & Ireland Limited owns 100% of the issued share capital of Mountain 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 Cottage Capel Curig Conwy LL24 0ES
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Mountain Training United Kingdom & Ireland Ltd
Report of the Trustees for the year ended 31 December 2025
Trustees
Ms E Thompson (appointed 28/6/25) Ms L N Vincent (resigned 2/4/25) Mr S M Wood Mr S Davies Dr R D Tiplady Mr K Redmond Mr G N Hassall Ms L Robinson Mr R Chapman
Company Secretary
Mr J F G Cousins
Independent Examiner
Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN
ASSET COVER FOR FUNDS
The charity operates a single unrestricted fund. The assets available for this fund are sufficient to meet the charity's obligations on a day to day basis.
Approved by order of the board of trustees on ............................................. and signed on its behalf by: 19 June 2026
........................................................................ Mr S Davies - Trustee
Page 4
Independent Examiner's Report to the Trustees of Mountain Training United Kingdom & Ireland Ltd
Independent examiner's report to the trustees of Mountain Training United Kingdom & Ireland Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity's 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 charity'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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
-
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
-
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
-
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.
Aled Roberts BA (Hons) FCA
Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN
Date: .............................................19 June 2026
Page 5
Mountain Training United Kingdom & Ireland Ltd
Statement of Financial Activities for the year ended 31 December 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 61,077 Charitable activities 5 Mountain Training and Co-ordination 684,587 Other trading activities 3 2,287 Investment income 4 2,364 Total 750,315 EXPENDITURE ON Raising funds 4,597 Charitable activities 6 Mountain Training and Co-ordination 516,652 Other 242,910 Total 764,159 NET INCOME/(EXPENDITURE) (13,844) RECONCILIATION OF FUNDS Total funds brought forward 116,151 TOTAL FUNDS CARRIED FORWARD 102,307 |
Restricted fund £ - - - - - - - - - - - - |
2025 Total funds £ 61,077 684,587 2,287 2,364 750,315 4,597 516,652 242,910 764,159 (13,844) 116,151 102,307 |
2024 Total funds £ 58,910 656,074 2,374 2,113 719,471 1,469 501,779 267,751 770,999 (51,528) 167,679 116,151 |
|---|---|---|---|
The notes form part of these financial statements
Page 6
Mountain Training United Kingdom & Ireland Ltd
Balance Sheet 31 December 2025
| Unrestricted fund Notes £ FIXED ASSETS Intangible assets 11 6,767 Tangible assets 12 13,562 Investments 13 2 20,331 CURRENT ASSETS Stocks 14 5,250 Debtors 15 81,616 Cash at bank and in hand 236,260 323,126 CREDITORS Amounts falling due within one year 16 (241,150) NET CURRENT ASSETS 81,976 TOTAL ASSETS LESS CURRENT LIABILITIES 102,307 NET ASSETS 102,307 FUNDS 18 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - - - - - |
2025 Total funds £ 6,767 13,562 2 20,331 5,250 81,616 236,260 323,126 (241,150) 81,976 102,307 102,307 102,307 102,307 |
2024 Total funds £ 8,797 21,224 2 30,023 5,721 82,105 199,792 287,618 (201,490) 86,128 116,151 116,151 116,151 116,151 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 19 June 2026
.............................................
Mr S Davies - Trustee
The notes form part of these financial statements
Page 7
Mountain Training United Kingdom & Ireland Ltd
Cash Flow Statement for the year ended 31 December 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Interest element of hire purchase payments paid Net cash provided by/(used in) operating activities Cash flows from investing activities Purchase of intangible fixed assets Purchase of tangible fixed assets Interest received Net cash used in investing activities Cash flows from financing activities Capital repayments in year Net cash (used in)/provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ 45,937 (1,973) 43,964 - (5,813) 2,364 (3,449) (4,047) (4,047) 36,468 199,792 236,260 |
2024 £ (54,654) - (54,654) (10,150) (30,835) 2,113 (38,872) 20,436 20,436 (73,090) 272,882 199,792 |
|---|---|---|
The notes form part of these financial statements
Page 8
Mountain Training United Kingdom & Ireland Ltd
Notes to the Cash Flow Statement for the year ended 31 December 2025
1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2.
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Net expenditure for the reporting period (as per the Statement of | ||||
| Financial Activities) | (13,844) | (51,528) | ||
| Adjustments for: | ||||
| Depreciation charges | 15,506 | 19,078 | ||
| Interest received | (2,364) | (2,113) | ||
| Interest element of hire purchase and finance lease rental payments | 1,973 | - | ||
| amount owed by group undertaking | 2,457 | (17,433) | ||
| Decrease/(increase) in stocks | 471 | (5,221) | ||
| Decrease in debtors | 3,249 | 20,242 | ||
| Increase/(decrease) in creditors | 38,489 | (17,679) | ||
| Net cash provided by/(used in) operations | 45,937 | (54,654) | ||
| ANALYSIS OF CHANGES IN NET FUNDS | ||||
| Net cash | At 1/1/25 £ |
Cash flow £ |
At 31/12/25 £ |
|
| Cash at bank and in hand | 199,792 | 36,468 | 236,260 | |
| 199,792 | 36,468 | 236,260 | ||
| Debt | ||||
| Finance leases | (20,436) | 4,047 | (16,389) | |
| (20,436) | 4,047 | (16,389) | ||
| Total | 179,356 | 40,515 | 219,871 |
The notes form part of these financial statements
Page 9
Mountain Training United Kingdom & Ireland Ltd
Notes to the Financial Statements for the year ended 31 December 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 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 statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
The Financial Statements show results for the charity only and not for its subsidiary. Group accounts are not prepared as the relevant income is below the threshold for the preparation of group accounts set out in the Charities (Accounts and Reports) Regulations 2015.
Income
Grants are received by the charity to 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 receipt.
The charity provides accreditation, direct advice and publications related to its principle objects. Any income derived therefrom is included in Incoming Resources from Charitable Activities.
Expenditure
Liabilities are recognised in full in the financial statements as soon as an obligation arises.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Reporting Accountants' fee.
Shared costs are allocated between Direct Charitable Expenditure and Governance Costs on the basis of estimated time expended on each activity.
Irrecoverable VAT is added to the expenditure included in each category, where appropriate.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
- 33% on cost and 20% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Exemption from taxation is claimed by the charity under the provisions of Sections 466-493 Corporation Tax Act 2010.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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Mountain Training United Kingdom & Ireland Ltd
Notes to the Financial Statements - continued for the year ended 31 December 2025
| 2. DONATIONS AND LEGACIES Gift aid Core Funding Grants received, included in the above, are as follows: UF Core Funding 3. OTHER TRADING ACTIVITIES Mountain Training United Kingdom & Ireland Ltd Gross Income 4. INVESTMENT INCOME Interest receivable - trading 5. INCOME FROM CHARITABLE ACTIVITIES Activity Registrations and Mountain Training Association memberships Mountain Training and Co-ordination Subscriptions Mountain Training and Co-ordination Course registrations and enrolments Mountain Training and Co-ordination Administration services and similar Mountain Training and Co-ordination 6. CHARITABLE ACTIVITIES COSTS Direct Costs £ Mountain Training and Co-ordination 27,391 |
2025 £ 16,077 45,000 61,077 2025 £ 45,000 2025 £ 2,287 2025 £ 2,364 2025 £ 416,453 600 179,090 88,444 684,587 Support costs (see note 7) £ 489,261 |
2024 £ 13,910 45,000 58,910 2024 £ 45,000 2024 £ 2,374 2024 £ 2,113 2024 £ 394,587 600 158,546 102,341 656,074 Totals £ 516,652 |
|---|---|---|
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Mountain Training United Kingdom & Ireland Ltd
Notes to the Financial Statements - continued for the year ended 31 December 2025
7. SUPPORT COSTS
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Governance|
|Management|Finance|costs|Totals|
|£|£|£|£|
|Mountain Training and Co-ordination|69,854|16|419,391|489,261|
----- End of picture text -----
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|£|£|
|Depreciation - owned assets|13,475|17,377|
|Website Development amortisation|2,030|1,700|
----- End of picture text -----
9. TRUSTEES' REMUNERATION AND BENEFITS
None of the trustees (or any persons connected with them) received any remuneration during the year.
Trustees' expenses
The trustees were reimbursed a total of £410 (2024: £275) for expenses.
10. STAFF COSTS
----- Start of picture text -----
||||
|---|---|---|
|2025|2024|
|£|£|
|Wages and salaries|381,650|349,315|
|Social security costs|23,538|21,809|
|Other pension costs|6,197|6,070|
|411,385|377,194|
|The average monthly number of employees during the year was as follows:|
|2025|2024|
|Management|6|6|
|Administration/ customer services|7|10|
|Marketing|1|1|
|14|17|
----- End of picture text -----
No employees received emoluments in excess of £60,000.
11. INTANGIBLE FIXED ASSETS
----- Start of picture text -----
|||
|---|---|
|Website|
|Development|
|£|
|COST|
|At 1 January 2025 and 31 December 2025|20,570|
|AMORTISATION|
|At 1 January 2025|11,773|
|Charge for year|2,030|
|At 31 December 2025|13,803|
|NET BOOK VALUE|
|At 31 December 2025|6,767|
|At 31 December 2024|8,797|
----- End of picture text -----
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Mountain Training United Kingdom & Ireland Ltd
Notes to the Financial Statements - continued for the year ended 31 December 2025
12. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |
|---|---|
| Fixtures | |
| and | |
| fittings | |
| £ | |
| COST | |
| At 1 January 2025 | 97,726 |
| Additions | 5,813 |
| At 31 December 2025 | 103,539 |
| DEPRECIATION | |
| At 1 January 2025 | 76,502 |
| Charge for year | 13,475 |
| At 31 December 2025 | 89,977 |
| NET BOOK VALUE | |
| At 31 December 2025 | 13,562 |
| At 31 December 2024 | 21,224 |
| FIXED ASSET INVESTMENTS | |
| MARKET VALUE | Shares in group undertakings £ |
| At 1 January 2025 and 31 December 2025 | 2 |
| NET BOOK VALUE | |
| At 31 December 2025 | 2 |
| At 31 December 2024 | 2 |
13. FIXED ASSET INVESTMENTS
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
Mountain Training Publications Ltd
Registered office:
Nature of business: Sale of publications etc
| % | ||
|---|---|---|
| Class of share: | holding | |
| Ordinary | 100 | |
| Aggregate capital and reserves | 31/12/25 31/12/24 £ £ 39,022 39,022 |
|
| STOCKS | ||
| Stocks | 2025 2024 £ £ 5,250 5,721 |
14. STOCKS
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Mountain Training United Kingdom & Ireland Ltd
Notes to the Financial Statements - continued for the year ended 31 December 2025
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Amounts owed by group undertakings Other debtors Prepayments 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Hire purchase (see note 17) Trade creditors Amounts owed to group undertakings Other creditors Accrued expenses |
2025 £ 41,081 22,395 4,231 13,909 81,616 2025 £ 16,389 7,141 9,074 680 207,866 241,150 |
2024 £ 42,896 19,635 13,200 6,374 82,105 2024 £ 20,436 6,532 3,856 2,468 168,198 201,490 |
|---|---|---|
Accrued expenses includes £185,180 (2024: £160,750) relating to memberships received in advance.
17. LEASING AGREEMENTS
Minimum lease payments under hire purchase fall due as follows:
| Net obligations repayable: Within one year 18. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1/1/25 £ 116,151 116,151 Incoming resources £ 750,315 750,315 |
2025 2024 £ £ 16,389 20,436 Net movement At in funds 31/12/25 £ £ (13,844) 102,307 (13,844) 102,307 Resources Movement expended in funds £ £ (764,159) (13,844) (764,159) (13,844) |
|---|---|---|
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Mountain Training United Kingdom & Ireland Ltd
Notes to the Financial Statements - continued for the year ended 31 December 2025
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1/1/24 £ Unrestricted funds General fund 167,679 TOTAL FUNDS 167,679 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 719,471 TOTAL FUNDS 719,471 A current year 12 months and prior year 12 months combined position is as follows: At 1/1/24 £ Unrestricted funds General fund 167,679 TOTAL FUNDS 167,679 |
Net movement At in funds 31/12/24 £ £ (51,528) 116,151 (51,528) 116,151 Resources Movement expended in funds £ £ (770,999) (51,528) (770,999) (51,528) Net movement At in funds 31/12/25 £ £ (65,372) 102,307 (65,372) 102,307 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 1,469,786 (1,535,158) |
(65,372) |
| TOTAL FUNDS | 1,469,786 (1,535,158) |
(65,372) |
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Mountain Training United Kingdom & Ireland Ltd
Notes to the Financial Statements - continued for the year ended 31 December 2025
19. RELATED PARTY DISCLOSURES
The charitable company owns 100% of the issued share capital of Mountain Training Publications Limited, a company registered in England and Wales.
During the year the charity received amounts totalling £13,909 (2024: £17,652) as donations under the gift aid scheme from Mountain Training Publications Limited in relation to 2024 profits.
As at 31st December 2025 there were covenants totalling £16,078 (2024:£13,909) due from Mountain Training Publications Limited in relation to profits for the year. This is due by 30th September 2026.
During the year an amount of £7,939 (2024: £9,997) was invoiced to Mountain Training Publications Limited in respect of cleaning and other services.
At 31st December 2025 £22,395 (2024: £19,635) was owed by Mountain Training Publication Ltd. This is payable under the normal terms of the charity's activities.
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Mountain Training United Kingdom & Ireland Ltd
Detailed Statement of Financial Activities for the year ended 31 December 2025
| INCOME AND ENDOWMENTS Donations and legacies Gift aid Core Funding Other trading activities Mountain Training United Kingdom & Ireland Ltd Gross Income Investment income Interest receivable - trading Charitable activities Registrations and Mountain Training Association memberships Subscriptions Course registrations and enrolments Administration services and similar Total incoming resources EXPENDITURE Other trading activities Purchases Hire purchase Charitable activities Travel Staff training Professional Fees Fixtures and fittings Other Development Costs Coaching Development Performance Coach Training Support costs Management Insurance Light and heat Telephone Postage and stationery Sundries Carried forward |
2025 £ 16,077 45,000 61,077 2,287 2,364 416,453 600 179,090 88,444 684,587 750,315 2,624 1,973 4,597 5,938 2,096 3,851 15,506 27,391 178,094 58,530 6,286 242,910 1,374 2,023 5,345 1,857 905 11,504 |
2024 £ 13,910 45,000 58,910 2,374 2,113 394,587 600 158,546 102,341 656,074 719,471 1,469 - 1,469 2,715 557 3,977 20,125 27,374 223,639 39,373 4,739 267,751 1,157 2,093 6,051 2,369 (162) 11,508 |
|---|---|---|
This page does not form part of the statutory financial statements
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Mountain Training United Kingdom & Ireland Ltd
Detailed Statement of Financial Activities for the year ended 31 December 2025
| Management Brought forward Rent Repairs and maintenance Marketing and Public Relations Literature Information and communication technology Cleaning Finance Bank charges Governance costs Wages Social security Pensions Accountancy fees Legal fees Seminars etc. Consultancy Total resources expended Net expenditure |
2025 £ 11,504 7,331 892 1,785 46,121 2,221 69,854 16 381,650 23,538 6,197 2,400 1,350 4,256 - 419,391 764,159 (13,844) |
2024 £ 11,508 7,771 1,054 4,115 47,257 2,411 74,116 1,425 349,315 21,809 6,070 2,221 - 18,249 1,200 398,864 770,999 (51,528) |
|---|---|---|
This page does not form part of the statutory financial statements
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