**REGISTERED COMPANY NUMBER: 06666537 (England and Wales) REGISTERED CHARITY NUMBER: 1125680**
## **REPORT OF THE TRUSTEES AND**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **FOR**
## **KENDAL MOUNTAIN SEARCH & RESCUE TEAM (A COMPANY LIMITED BY GUARANTEE)**
Mitchinsons Accountants 22 Market Place
Kendal Cumbria LA9 4TN
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|14|
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 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 August 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 ACTIVITIES**
## **Objectives and aims**
The charity's objects are to recruit, train, maintain, equip and keep in a state of readiness a team of volunteers who are willing and able to search for and rescue any persons (or animals) in distress primarily in the Lakeland and Cumbria Fells but also in other areas as required and to respond to any request for assistance from the police and other emergency services.
## **Public benefit**
The trustees confirm that they have paid due regard to the public benefit guidance published by the Charity Commission.
Page 1
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025**
## **STRATEGIC REPORT**
## **Achievements and performance**
The Team's operational remit covers a diverse range of challenging and harsh environments with multifarious incident types, frequently involving collaborative support to statutory Emergency Services, underscoring our vital role within the community and the broader emergency response framework.
In 2025, the Team demonstrated exceptional commitment and operational effectiveness by responding to 70 incidents. Although 15% lower than the last year, it suggests that there remains a sustained increase from the team's previous (2023) five-year average of 46 callouts.
At face value this also looks like a departure from the overall trend which saw Mountain Rescue England Wales figures increase nearly 5% in 2025, however it probably isn't, as the Team was significantly above the national trend in the previous year.
The Team has successfully addressed the sustainability of this growth . We currently maintain a competent team with greater operational capacity through careful recruitment and training, ensuring we remain resilient in the face of high callout volumes.
## Strategic risk and base sustainability
The Team continues a proactive approach to risk management both operationally in the mountains but also with a focus on the long term sustainability of our current base.
To safeguard its future operations, the team has continued to engage with Westmorland and Furness Council to assess the opportunities for expanding the current operational base, as well as to secure a long-term lease renewal via a community asset transfer.
Recent developments in these discussions mark a significant milestone, hopefully positioning the team to establish a solid and sustainable foundation for the years ahead. The momentum now achieved reflects the team's commitment to address key operational risks in partnership with the Council and it is hoped that all associated risks will be managed and resolved by the end of 2026.
## Personnel, Training, and Well-being
The Team experienced a degree of turnover in the previous year with large and significant personalities moving away, but this has been met with successful recruitment. The Team is humbled by the demand shown to join the team by talented and dedicated individuals and we have managed to integrate a cohort of highly experienced provisional members, ensuring the stability of our membership numbers moving forward.
However, the nature of Mountain Rescue Call Outs remains challenging on individuals and their families, for which the Team remains grateful. In 2025, the team responded to several high-intensity incidents, including five fatalities (7% of our incidents). Recognising the profound impact these events can have on our volunteers, we have lent heavily on our support systems.
We continue to invest in comprehensive well being structures designed to look after our people following traumatic callouts. A culture of honest debriefing allows for highlighting areas for improvement, an opportunity to celebrate successes and immediate opportunities to acknowledge feelings and access help. Additionally there is continued specialised training to support each other within the team. These structures and protocols have been developed and trained in conjunction with professional psychologists and therapists providing our members with the mental fitness tools necessary for long term resilience.
## Operational standards
Our volunteers contributed over 1,017 hours to Call Outs with more than this to essential training on top. To maintain full status, members continue to attend a minimum of 4 Wednesday and 4 Sunday sessions annually, but with those that can, dedicating significantly more hours, many days of every week, ensuring technical proficiency alongside mental preparedness.
## Financial position and future outlook
The Team remains in a healthy financial position and has crucially anticipated significant costs related to securing our base and developments. Strategic investment in equipment continues, building on previous years with upgrades to rope rescue and medical resources to ensure our team has access to the most effective tools available.
Conclusion
Page 2
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025**
The dedication of our volunteer team members throughout 2025 has ensured a high level of readiness. With a continual focus on risk reduction, increased capability, and a robust professional support system for our team members, we are well positioned to continue to create public value by fulfilling our vital mission to the community in the coming year.
## **Financial review**
## **Financial position**
The Team continues to receive a tremendous level of financial support from the local community. The Team is grateful to the people of Kendal and the surrounding areas and many visitors to South Lakeland, who continue to support us financially in what remain difficult financial economic times. During the year the fundraising team income was £21,425 (2024 - £20,921). Income from Donations and Legacies reduced during the year due to one off large legacies received in 2024.
## **Reserves policy Operational Reserve**
Although the charity aims to fund its ongoing and future activities through anticipated income, it has maintained an operational reserve of £270,000 for the year ended 31/08/25. This amount is calculated to cover three years' operating costs and is intended as a safeguard against any prolonged reduction in donations. By retaining this reserve, the charity can continue its operations uninterrupted, even if income streams diminish for an extended period.
## **Emergency Reserve**
Alongside the Operational Reserve, the charity holds an Emergency Reserve totalling £85,000. This fund serves as a contingency for significant, unforeseen expenses. For instance, should a vehicle need to be replaced due to being written off or other unexpected major costs arise, the Emergency Reserve will provide the necessary financial support, ensuring that such events do not disrupt the charity's activities or financial health.
## **Restricted and Unrestricted Reserves**
Details of designated unrestricted reserves are shown in Note 18 to the accounts. There were no restricted reserves in the current or previous year.
## **Investments**
During the year the the Team increased the investment level on the Flagstone on-line platform, the total including interest is approximately £710,000 (2024 - £573,000). The remainder of the Team's funds are held in a current account with Virgin Money (Yorkshire Bank).
## **Future plans**
The Team plans to continue to provide the best mountain search and rescue service that it is able to do, and to assist and support other mountain rescue teams and emergency services when requested. The Team has resolved to try to build financial reserves to a level where the running costs of the Team are covered by the interest of our reserves and dividends of any investments. This would guarantee the Team's ability to be able to assist people in distress across the area the Team covers in the South Lakes, Kentmere and Howgills.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Kendal Mountain Search & Rescue Team is a company limited by guarantee and does not have share capital; each member's contribution not exceeding £10 on dissolution. It is governed by its Memorandum and Articles of Association dated 6 August 2008, as amended by the special resolution dated 2 November 2016 which restricts the maximum number of directors to seven. It was registered as a charity with effect from 1 September 2008 and commenced its activities on 1 December 2008.
## **Recruitment and appointment of new trustees**
The trustees are responsible for the overall management and control of the charity. The trustees are elected by the charity's members at the Annual General Meeting; one third of the trustees shall retire from office by rotation, however they shall eligible for re-election.
Page 3
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
06666537 (England and Wales)
## **Registered Charity number**
1125680
## **Registered office**
Kendal MSRT Base Busher Walk Kendal Cumbria LA9 4RH
## **Trustees**
J P Burgess Ms J N W Funnell D Winchester D W Baynham-Hughes (resigned 12/11/24) N A Davies Ms J C Young Ms K L Jackson J Dunbavin Paramedic (appointed 12/11/24)
## **Company Secretary**
D Howarth
## **Independent Examiner**
Jennifer Marshall Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 2 May 2026 and signed on the board's behalf by:
Ms K L Jackson - Trustee
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **Independent examiner's report to the trustees of Kendal Mountain Search & Rescue Team ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 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**
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:
1. 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
3. 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
4. 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.
Jennifer Marshall
The Association of Chartered Certified Accountants
Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
5 May 2026
Page 5
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025**
|2025
Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3
51,156
Other trading activities
4
21,425
Investment income
5
27,195
**Total**
99,776
**EXPENDITURE ON**
Raising funds
6
1,500
**Charitable activities**
7
Provision of Mountain Search & Rescue
66,900
**Total**
68,400
**NET INCOME**
31,376
**RECONCILIATION OF FUNDS**
Total funds brought forward
816,879
**TOTAL FUNDS CARRIED FORWARD**
848,255|2024
Total
funds
£
124,893
20,921
20,083|
|---|---|
||165,897|
||4,786
96,606|
||101,392|
||64,505
752,374|
||816,879|
The notes form part of these financial statements
Page 6
## **KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **BALANCE SHEET 31 AUGUST 2025**
|2025
Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
14
71,633
**CURRENT ASSETS**
Debtors
15
18,001
Investments
16
710,223
Cash at bank
53,413
781,637
**CREDITORS**
Amounts falling due within one year
17
(5,015)
**NET CURRENT ASSETS**
776,622
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
848,255
**NET ASSETS**
848,255
**FUNDS**
18
Unrestricted funds
848,255
**TOTAL FUNDS**
848,255|2024
Total
funds
£
90,557
63,093
573,308
93,274
729,675
(3,353)
726,322
816,879
816,879
816,879
816,879|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.
The financial statements were approved by the Board of Trustees and authorised for issue on 2 May 2026 and were signed on its behalf by:
N A Davies - Trustee
The notes form part of these financial statements
Page 7
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 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.
## **Income**
All incoming resources are included in the financial statements when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and it can be measured;
- legacy income is recognised when receipt is probable and entitlement is established;
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers;
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Expenditure**
Expenditure is recognised on an accruals basis as a a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods;
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs relating to the governance of the charity apportioned to charitable activities;
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between activities they contribute to on a reasonable, justifiable and consistent basis.
## **Operating leases**
Lease payments are recognised as an expense over the term of the lease on a straight-line basis.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment
- 40% on reducing balance
continued...
Page 8
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
Motor vehicles - 25% on reducing balance
All tangible fixed assets are initially recorded at cost. Items under £500 are not capitalised and are written off to expenditure in the statement of financial activities when the asset is required.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for a particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience of other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The key policy that may have a significant risk of causing a material adjustment to the carrying amounts of assets within the next financial year is depreciation of tangible of tangible fixed assets.
## **3. DONATIONS AND LEGACIES**
|Donations from Patrons
Donations from LDSAMRA
Donations from LAMRT
Other donations
Gift aid tax
Legacies|2025
£
2,469
-
10,000
23,685
3,481
11,521
51,156|2024
£
3,008
13,000
10,000
26,761
3,802
68,322|
|---|---|---|
|||124,893|
## **4.**
## **OTHER TRADING ACTIVITIES**
|Fundraising - collection boxes
Fundraising - sponsorship
Fundraising - flag days
Fundraising - talks
Fundraising - KMF
Fundraising - other|2025
£
5,980
2,850
154
487
11,954
-
21,425|2024
£
5,877
10,269
199
567
2,704
1,305|
|---|---|---|
|||20,921|
continued...
Page 9
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025**
|**5.**
**INVESTMENT INCOME**
2025
£
Rental of aerial
10
Bank bond interest
-
Investment income
27,185
27,195
**6.**
**RAISING FUNDS**
**Raising donations and legacies**
2025
£
Professional fees
380
**Other trading activities**
2025
£
Team fundraising costs
1,120
**Investment management costs**
2025
£
Management fees
-
Aggregate amounts
1,500
**7.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Support
Costs (see
costs (see
note 8)
note 9)
£
£
Provision of Mountain Search & Rescue
64,866
2,034|2024
£
1
2,782
17,300|
|---|---|
||20,083|
||2024
£
380
2024
£
3,695
2024
£
711
4,786
Totals
£
66,900|
continued...
Page 10
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025**
## **8. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|**DIRECT COSTS OF CHARITABLE ACTIVITIES**|||
|---|---|---|
||2025|2024|
||£|£|
|Base|12,454|11,886|
|Communications|2,075|2,970|
|Vehicles|4,489|25,531|
|Medical|4,808|2,775|
|Equipment|2,808|4,953|
|Training|7,365|9,211|
|Administration|556|571|
|Legal and professional fees|250|240|
|Information technology|708|600|
|Depreciation|29,353|35,835|
||64,866|94,572|
|**SUPPORT COSTS**|||
|||Governance|
|||costs|
|||£|
|Provision of Mountain Search & Rescue||2,034|
|Support costs, included in the above, are as follows:|||
||2025|2024|
||Provision||
||of||
||Mountain||
||Search &|Total|
||Rescue|activities|
||£|£|
|Accountancy and independent examination|2,000|2,000|
|Other governance costs|34|34|
||2,034|2,034|
## **9. SUPPORT COSTS**
## **10. NET INCOME/(EXPENDITURE)**
|Net income/(expenditure) is stated after charging/(crediting):|||
|---|---|---|
||2025|2024|
||£|£|
|Depreciation - owned assets|29,353|35,835|
continued...
Page 11
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025**
## **11. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
## **12. STAFF COSTS**
There were no staff costs in the current year or previous year.
## **13. INDEPENDENT EXAMINER'S FEES**
|||||**2024**||**2023**|
|---|---|---|---|---|---|---|
|||||**£**||**£**|
|Accountancy and independent examination||||2,000||2,000|
|Other financial services||||620||620|
||||||||
|||||2,620||2,620|
||||||||
|**TANGIBLE FIXED ASSETS**
**COST**
At 1 September 2024
Additions
At 31 August 2025
**DEPRECIATION**
At 1 September 2024
Charge for year
At 31 August 2025
**NET BOOK VALUE**
At 31 August 2025
At 31 August 2024|Long
leasehold
£
141,240
-
141,240
141,240
-
141,240
-
-|Equipment
£
171,996
10,429
182,425
155,050
10,950
166,000
16,425
16,946|Motor
vehicles
£
290,523
-
290,523
216,912
18,403
235,315
55,208
73,611||Totals
£
603,759
10,429
614,188
513,202
29,353
542,555
71,633
90,557||
## **14. TANGIBLE FIXED ASSETS**
continued...
Page 12
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025**
|**15.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Gift Aid tax recoverable
VAT
Accrued interest receivable
Prepayments
**16.**
**CURRENT ASSET INVESTMENTS**
Flagstone on-line platform
**17.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accrued expenses
**18.**
**MOVEMENT IN FUNDS**
At 1.9.24
£
**Unrestricted funds**
General fund
461,879
Designated Operational Reserve
270,000
Designated Emergency Reserve
85,000
816,879
**TOTAL FUNDS**
816,879
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
99,776
**TOTAL FUNDS**
99,776||2025
£
3,724
2,096
6,098
4,435
1,648
18,001
2025
£
710,223
2025
£
1,295
3,720
5,015
Net
movement
in funds
£
31,376
-
-
31,376
31,376
Resources
expended
£
(68,400)
(68,400)||
|---|---|---|---|
|||||
continued...
Page 13
**KENDAL MOUNTAIN SEARCH & RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025**
## **18. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Designated Operational Reserve
Designated Emergency Reserve
**TOTAL FUNDS**|At 1.9.23
£
552,374
150,000
50,000
752,374
752,374|Net
movement
in funds
£
64,505
-
-
64,505
64,505|Transfers
between
funds
£
(155,000)
120,000
35,000
-
-|At
31.8.24
£
461,879
270,000
85,000|
|---|---|---|---|---|
|||||816,879|
|||||816,879|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
165,897
165,897|Resources
Movement
expended
in funds
£
£
(101,392)
64,505
(101,392)
64,505|Resources
Movement
expended
in funds
£
£
(101,392)
64,505
(101,392)
64,505|
|---|---|---|---|
||||64,505|
The Designated Operational Reserve is equivalent to three years essential operating costs assuming no external income and no capital expenditure.
The Designated Emergency Reserve is available should a vehicle be written off or for any other unforeseeable major expense.
## **19. OTHER FINANCIAL COMMITMENTS**
## **Operating lease**
The charity's lease with Cumbria County Council expired on 31 December 2018. At the time of preparing these accounts, Westmorland and Furness Council (formerly Cumbria County Council) have not offered a new lease contract. However, rent of £1,100 has been paid/accrued for each of the calendar years 2019 to 2025 inclusive.
## **20. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2025.
Page 14