OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Charity registration number 1098037

Company registration number 04752688 (England and Wales)

EXMOOR SEARCH AND RESCUE TEAM

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

EXMOOR SEARCH AND RESCUE TEAM

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Derrick Reid
Caroline Young
Richard Gilham
Daniel Brice
Pippa Jones
John Gent
Secretary Bryony Andrews
Charity number 1098037
Company number 04752688
Registered office Unit 4, Limefield South
Pathfields Business Park
South Molton
Devon
United Kingdom
EX36 3LH
Independent examiner Azets
Lime Court
Pathfields Business Park
South Molton
Devon
EX36 3LH
Bankers CAF Bank Limited
25 Kins Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Solicitors Toller Beattie Solicitors
Devonshire House
Pottington Business Park
Riverside Road
Barnstaple
Devon
EX31 3LH

EXMOOR SEARCH AND RESCUE TEAM

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6 - 7
Balance sheet 8
Notes to the financial statements 9 - 19

EXMOOR SEARCH AND RESCUE TEAM

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees present their annual report and financial statements for the year ended 31 December 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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 activities

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

The team experienced another busy year with 42 separate incidents with 5 of these being multi-day incidents resulting in 53 days of action totalling 346hrs. The majority of our incidents were searching for high risk missing people classified due to age (children, elderly), medical conditions (dementia, medication) or mental disorder (suicidal). Generallyl these were resolved with the missing person being located safely, however a minority remain unresolved and we had five fatalities. We were tasked 13 times by the ambulance service to assist with casualties in remote areas included injured farmers, walkers, and riders (bike, motorbike, horse). Typical for mountain rescue we dealt primarily with lower leg injuries however, we did have casualties that were seriously injured including one unconscious patient who was subsequently airlifted to hospital.

Our call-outs were spread throughout our operational area including the Quantock and Blackdown hills and 12 callouts on Exmoor itself. The remainder were scattered amongst the rural areas of Devon and Somerset, however we did provide mutual aid to our neighbouring teams to our north and south.

Unlike previous years where snow was the cause of regional major incidents where all of the statutory and voluntary emergency services and associated contingency organisations are readied it were two heat waves and high winds of Storm Eunice where we had nine incidents. During the heat waves we were tasked by the police to patrol high risk spots (lakes, reservoirs and rivers) to provide advice and be available when required. During these events we were tasked to assist with a possible drowning which upon arrival thankfully was intoxication. We were only on standby for Storm Eunice but were tasked to undertake door-to-door welfare checks of an isolated community with no power during the aftermath. We foresee that major weather events will feature more in the future.

The risk of flooding during 2022 was such that the water (flood) rescue section was not deployed.

Following a couple of years of work the team now has a drone section with five qualified pilots and four drones (one of which provides thermal imaging capabilities). These assets, particularly combined with thermal imaging, are proving to be extremely useful during searches; covering large expanses of open ground relatively quickly compared to a foot team. The thermal imaging drone also allows us a 24hr drone capability.

This year the majority of our range of skills and expertise offered by the team were utilised with the exception of technical rope and water rescue.

Training continued uninterrupted throughout 2022 covering the core skills required by team members including navigation, search, communication, first aid, casualty handling, rope and water rescue. This was further enhanced for some by the training of specialist skills including emergency response driving, vehicle winching, technical rescue (water and steep ground), search management, and advanced medical treatment.

With our own qualified instructor we continued providing swift water rescue courses to our own team members and those from neighbouring teams.

Alongside regular training to maintain skills, the rope rescue section attended several joint emergency services training events. The latter provides an opportunity to discuss equipment, techniques and improve interoperability in complex rescue scenarios.

EXMOOR SEARCH AND RESCUE TEAM

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

Our ability to provide advanced medical treatment was enhanced with four of our trainee Casualty Carers (advanced first aiders) passing their exams. These team members have increased medical knowledge, enhanced diagnostic capabilities and are permitted to administer certain drugs.

Our major fundraising efforts for 2022 were towards replacing our aging water incident support vehicle which is the oldest vehicle currently serving in mountain rescue in the UK. This project is due to commence in early 2023. Public events slowly started to appear in our diaries with requests for several talks and attendance at several fetes. We also provided specialist rescue cover to four outdoor events on Exmoor and the Quantock Hills.

Financial review

The results for the year are as stated in the attached finanical staments. A defecit of £2,830 across this year, with the charity maintaining a strong financial position.

The purpose of this policy is to briefly explain the need for and reasons why Exmoor Search and Rescue Team (the Team) have funds in reserve. This policy does not cover “Restricted Funds”) (given to the Team for a specific purpose) or funds the trustees have earmarked as “Designated Funds” (an administrative arrangement where part of the Unrestricted funds has been allocated to a specific project).

The team require reserves to enable it to continue to operate regardless of any short term or medium term problems either in attracting income or by unexpected expenses. The purpose of these reserves may fall into three categories:

  1. The running costs of the Team are currently circa £45,000 per annum (see below). The Team placed collecting boxes, which raised £640 in 2022. The balance of income comes from direct appeal to outside organisations and individuals. The Team does not have the necessary resources to increase the amount of collection days and collecting boxes, so income is very dependent on outside influences. The amounts and timings of donations can not be replied upon in the short/medium term to allow the Team to operate without adequate reserve funds. The trustees believe that a sum of up to two years income, excluding restricted income should be held in reserve.

  2. The Team operate with a high level of expensive equipment including a Control Vehicle and three Ambulance/ personnel carriers. Communication, which is a key component to our effectiveness, requires a bank of handheld radios which are £700 each. Other essential and expensive equipment include First Aid and specialised medical equipment including a variety of stretchers, ropes and associated steep ground rescue equipment and water rescue equipment. All this equipment must be readily available in full working order. The trustees believe that money should be available to repair or replace equipment at any time so that the operational capabilities of the Team and the safety of its members are not compromised by lack of the correct equipment in a safe and working condition. The trustees believe that a sum of at least £500 should be immediately available at any time to repair or replace equipment.

  3. The Team operate from a headquarters based in South Molton which they own. The expenses for these premises in 2022 were £3,821

  4. 2 -

EXMOOR SEARCH AND RESCUE TEAM

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

The total reserves will comprise a sum sufficient to meet the demands of the categories above. At any time the trustees may deem further reserves to be necessary should the operational priorities change or there are significant changes in income.

It will be the responsibility of the Treasurer to ensure that the Team’s reserves are maintained at this level and this policy is followed.

The Executive Committee will monitor and review the level of reserves at each committee meeting.

The reserves policy will be reviewed annually by the Committee at the first meeting after the Annual General Meeting.

Meeting.
2015 2016 2017 2018 2019 2020 2021 2022
Total Outgoings £38,627 £38,627 £33,977 £31,351 £33,092 £40,180 £48,486 £40,726
RunningCosts* £34,529 £33,531 £27,496 £26,887 £28,571 £37,447 £45,464 £36,905
Rescue Centre £4,098 £4,174 £4,201 £4,228 £4,521 £2,733 £3,022 £3,821

Structure, governance and management

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 and up to the date of signature of the financial statements were:

Derrick Reid Caro Wedgwood (Resigned 3 February 2022) Caroline Young Richard Gilham Greg Causer (Resigned 3 February 2022) Daniel Brice Pippa Jones John Gent

The trustees are appointed by a democratic purpose.

The trustees are all currently members of the team. An invitation to stand as trustee is issues to all team members at least 14 days prior to the AGM. Those standing need to gain approval from two other team members. A vote is undertaken by those present at the AGM if the number of applicants exceed the number of positions.

Team members have to undergo a probationary and training phase (9-18 months) prior to becoming a full team member. Doing these initial phase team members must pass a DBS check. Due to our operational role as a police resource, we do not accept those with a criminal record.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up.

Risk

The trustees have implemented a risk register and reviewed all known risks and have satisfied themselves that there are adequate systems and procedures in place to mitigate the risks identified.

Investment Policy

The trustees have the power to invest in such assets as they feel is appropriate to the charity. At present all surplus monies are held on deposit at the bank.

EXMOOR SEARCH AND RESCUE TEAM

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees' report was approved by the Board of Trustees.

Derrick Reid Caroline Young Trustee Trustee

7 September 2023

EXMOOR SEARCH AND RESCUE TEAM

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF EXMOOR SEARCH AND RESCUE TEAM

I report to the trustees on my examination of the financial statements of Exmoor Search and Rescue Team (the charity) for the year ended 31 December 2022.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

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 that in any material respect:

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 financial statements to be reached.

Mrs Elizabeth Smith ACA FCCA CTA Azets Lime Court Pathfields Business Park South Molton Devon EX36 3LH

Dated: 7 September 2023

EXMOOR SEARCH AND RESCUE TEAM

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted Endowment
Restricted
funds
funds
funds
designated
2022
2022
2022
Notes
£
£
£
Income from:
Donations and legacies
3
31,384
-
18,228
Charitable activities
4
11,575
-
-
Other trading activities
5
3,140
-
-
Investments
6
230
-
-
Other income
7
-
-
-
Total income
46,329
-
18,228
Expenditure on:
Charitable expenditure
8
50,734
-
16,653
Net (outgoing)/incoming resources before transfers
(4,405)
-
1,575
Net (outgoing)/incoming resources before transfers
(4,405)
-
1,575
Gross transfers between funds
39,524
(29,023)
(10,501)
Net income/(expenditure) for the year/
Net movement in funds
35,119
(29,023)
(8,926)
Fund balances at 1 January 2022
211,640
91,973
18,920
Fund balances at 31 December 2022
246,759
62,950
9,994		 Total
Unrestricted Endowment
Restricted
funds
funds
funds
designated
2022
2021
2021
2021
£
£
£
£
49,612
30,643
-
18,200
11,575
4,003
-
-
3,140
1,050
-
-
230
6
-
-
-
(2,322)
-
-
64,557
33,380
-
18,200
67,387
48,557
-
6,016
(2,830)
(15,177)
-
12,184
(2,830)
(15,177)
-
12,184
-
30,023
1,000
(31,023)
(2,830)
14,846
1,000
(18,839)
322,533
196,794
90,973
37,759
319,703
211,640
91,973
18,920		 Total
2021
£
48,843
4,003
1,050
6
(2,322)
51,580
54,573
(2,993)
(2,993)
-
(2,993)
325,526
322,533

EXMOOR SEARCH AND RESCUE TEAM

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2022

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

EXMOOR SEARCH AND RESCUE TEAM

BALANCE SHEET

AS AT 31 DECEMBER 2022

Notes
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within
one year
14
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
15
Unrestricted funds
Designated funds
16
General unrestricted funds		 2022
£
426
103,998
104,424
(1,781)
62,950
183,809		 £
217,060
102,643
319,703
9,994
246,759
319,703		 2021
£
881
97,886
98,767
(840)
91,973
211,640		 £
224,606
97,927
322,533
18,920
211,640
322,533

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2022.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 7 September 2023

Derrick Reid Caroline Young Trustee Trustee Company registration number 04752688

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

Charity information

Exmoor Search and Rescue Team is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit 4, Limefield South, Pathfields Business Park, South Molton, Devon, EX36 3LH, United Kingdom.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings 1% Straight line Plant and machinery 15% Reducing balance Motor vehicles 25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2022
2022
£
£
Donations and gifts
30,744
18,228
Collection box receipts
640
-
31,384
18,228		 Total
Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
48,972
29,758
18,200
640
885
-
49,612
30,643
18,200		 Total
2021
£
47,958
885
48,843

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

4 Charitable activities

Miscellaneous
Fuel payments		 Gift Aid Total Miscellaneous
Fuel payments		 Gift Aid Total
Income from Police 2022 Income from Police 2021
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £ £ £
Income 1,175 10,008 392 11,575 563 2,393 1,047 4,003

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

5 Other trading activities

**Unrestricted ** Unrestricted
funds funds
2022 2021
£ £
Team Clothing Purchases - 1,050
Training Weekend 3,140 -
Other trading activities 3,140 1,050
6 Investments
**Unrestricted ** Unrestricted
funds funds
2022 2021
£ £
Interest receivable 230 6
7 Other income
**Total ** Unrestricted
funds
2022 2021
£ £
Net gain on disposal of tangible fixed assets - (2,322)

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

8 Charitable activities

Direct Costs
Other
Charitable
Expenditure
2022
2022
£
£
Depreciation and
impairment
24,913
-
Vehicle running
expenses
12,640
-
Equipment costs
14,037
-
Training costs
2,562
-
Premises expenses
3,821
-
Fuel payments to team
members
3,810
-
Miscellaneous
expenses
-
3,569
Accountancy
-
758
Administration costs
-
538
Legal and professional
costs
-
739
61,783
5,604
61,783
5,604
Analysis by fund
Unrestricted funds
45,130
5,604
Restricted funds
16,653
-
61,783
5,604		 Total
2022
Direct Costs
Other
Charitable
Expenditure
2021
2021
£
£
£
24,913
28,659
-
12,640
9,370
-
14,037
6,007
-
2,562
1,369
-
3,821
3,022
-
3,810
1,126
-
3,569
-
3,133
758
-
629
538
-
499
739
-
759
67,387
49,553
5,020
67,387
49,553
5,020
50,734
43,537
5,020
16,653
6,016
-
67,387
49,553
5,020		 Total
2021
£
28,659
9,370
6,007
1,369
3,022
1,126
3,133
629
499
759
54,573
54,573
48,557
6,016
54,573

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

10 Employees

The average monthly number of employees during the year was:

2022 2021
Number Number
Total - -

There were no employees whose annual remuneration was more than £60,000.

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

11 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

12 Tangible fixed assets

Cost
At 1 January 2022
Additions
At 31 December 2022
Depreciation and impairment
At 1 January 2022
Depreciation charged in the year
At 31 December 2022
Carrying amount
At 31 December 2022
At 31 December 2021		 Land and
buildings
Plant and
machinery
Motor vehicles
£
£
£
151,629
68,047
137,159
-
17,367
-
151,629
85,414
137,159
17,068
46,393
68,768
1,516
6,299
17,098
18,584
52,692
85,866
133,045
32,722
51,293
134,561
21,654
68,391		 Total
£
356,835
17,367
374,202
132,229
24,913
157,142
217,060
224,606
13
Debtors
Amounts falling due within one year:
Trade debtors
14
Creditors: amounts falling due within one year
Trade creditors
Accruals and deferred income		 2022
£
426
2022
£
1,031
750
1,781		 2021
£
881
2021
£
220
620
840

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

15 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds Movement in funds
Balance at Incoming Resources Balance at
1 January 2022 resources expended 31 December
2022
£ £ £ £
Comms 4,006 530 (3,356) 1,180
Equipment 500 750 (750) 500
Medical equipment 3,092 10,000 (6,661) 6,431
Sarda 822 - (156) 666
Training - 115 (115) -
Vehicle maintenance - 6,833 (5,616) 1,217
Water equipment 10,500 - (10,500) -
18,920 18,228 (27,154) 9,994

16 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Balance at Transfers Balance at
1 January 2022 31 December
2022
£ £ £
Vehicle replacement 9,023 45,977 55,000
Vehicle storage 75,000 (75,000) -
Replacement jackets 2,000 - 2,000
Replacement radios 3,700 - 3,700
Swift water rescue 2,250 - 2,250
91,973 (29,023) 62,950

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

17
Analysis of net assets between funds
Unrestricted
funds
Designated
funds
Restricted
funds
2022
2022
2022
£
£
£
Fund balances at 31 December 2022 are
represented by:
Tangible assets
217,060
-
-
Current assets/(liabilities)
29,699
62,950
9,994
246,759
62,950
9,994		 Total Unrestricted
funds
Designated
funds
Restricted
funds
2022
2021
2021
2021
£
£
£
£
217,060
224,606
-
-
102,643
(12,966)
91,973
18,920
319,703
211,640
91,973
18,920		 Total
2021
£
224,606
97,927
322,533

EXMOOR SEARCH AND RESCUE TEAM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

18 Related party transactions

There were no disclosable related party transactions during the year (2021 - none).