REGISTERED CHARITY NUMBER.. 1145023
CLIMBING OUT
TRUSTEES. REPORT AND
UNAUOITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

CLIMBING OUT
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Page
Reference and Admlnlstratlve Detalls
Trustees. Report
Independent Examinerfs Report
10
Statement of Financial Activities
11
Statement of Financial Position
12
Notes to the Financial Statements
13 to 18

CLIMBING OUT
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2021
TRUSTEES
J Redmond
M James (resigned 3.9.221
S Shepherd (resigned 7.9.221
J Edwards (resigned 14.3.221
P Elias (resigned 30.4.211
C Felton
G Aston
S Collins
D Hughes-Beddows
PRINCIPAL ADDRESS
21 Aston Pigott
Westbury
Shrewsbury
SY5 9HH
REGISTERED CHARITY
NUMBER
1145023
INDEPENDENT EXAMINER
TCA Ishrewsburyl LLP
Third Floor
21 St Mary's Street
Shrewsbury
Shropshire
SY1 1ED
CHIEF EXECUTIVE
Kelda Wood
Page 1

CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended
31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities".
Statement of Recommended Practice applicable to charities preparing their aceounls in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January
20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity, as set out in the governing document are..
To advance in life and help young people in the United Kingdom through..
a The provision of recreational and outdoor activities provided in the interest of social welfare for young
people who are in need by reason of their youth, age, infirmity or disability, poverty or social and economic
circumstances with a view to improving their conditions of life.
b - Providing support and activities which have a positive influence on young people and develop their skills,
capacities and capabilities to enable them to participate in society as mature and responsible individuals.
Significant activities
Climbing Out runs 5 day outdoor activity programmes aimed at rebuilding Confiden￿ and self-esteem in
people facing life changing injury, illness or trauma.
The plan for 2021 was lo run eight programmes, including a Sweden wilderness canoeing expedition that
had lo be cancelled in 2020 due to Covid," Covid delayed our 1 Oth Anniversary Ball and a fundraising hike.
Due to further Covid restrictions on travel in 2021, the Sweden trip was instead held on Anglesey, but all
other programmes went ahead, albeit with the start delayed until the end of May.
The activities on the 5 day residential outdoor activity programme followed a similar format to previous years,
offering a wide onge of activities, but adapted lo slay within social distancing and hygiene restrictions as laid
out by the government at the lime of the progmmmes. All activities are adapted lo meet the needs and
capabilities of the group and individual.
The personal development sessions continued to run throughout the week, at the start and end of each day,
and through coaching conversations that lake place throughout the day's activities where appropriate. The
sessions aim to help participants lo understand their thoughts, feelings and behaviours and lo provide them
with the tools lo help them manage these areas more effectively in life outside of the 5 day programme.
Evening activities taking place included an inspirational talk, quiz and BBQ, as well as a chance to try an
expedits'on meal of freeze dried food as a demonstration of how easy il can be lo carry provisions for mini
expedits'ons. The aim of the evening activities is to create the opportunity for the participants lo engage
socially with other people who have been through similar challenges, as many have become detached from
their peer groups following treatment.
The combination of outdoor aclivilies, personal development session, teamwork, camaraderie, fresh air, one
lo one support, banter and mental resilience tools lead lo an outstanding and life changing week.
The Climbing Out Club has been severely limited by Covid reslriclions, but the closed Facebook group has
been a plaTr for past participants lo continue to support each other through these difficult limes. It was also
possible to run a Fund-Raising Hike in North Wales, which was supported by many previous participants,
giving them the opportunity to meet up and build bonds.
Public benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
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CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
ACHIEVEMENT AND PERFORMANCE
Main achievements during 2021
Covid Adaptations which we have carried forward:
Podcasts and videos that were developed during Covid to support people with explanations of the mental
resilience tools laught on the Programmes have been retained and added lo our website, so that they are
freely available to anyone. They have proved useful both in providing a taster of Climbing Out's approach
and also a reminder for past participants. We also find that participants share them with friends or family as a
way of deepening understanding in those supporting them.
Other Achlevements throughout 2021
The annual Fund-Raising Hike was able lo be reinstated. 11 was held in North Wales and was supported by
almost 50 participants, raising over £6,000.
Programme of 8 Walk and Talk Days run once restrictions reduced in second half of year.
Holding one programme fully funded by the Armed Forces Covenant Trust IAFCTI and another to be held
in early 2022. Places were also offered on mixed Forces and civilian programmes under Covenant Funding.
The success of the projects was reported back to the AFCT and excess funding agreed to be carried over
into 2022.
Increased pla￿S available lo Emergency ServI￿S and NHS staff affected by trauma.
Research Project with Shrewsbury and Chester University The long term research project looking at the
impact of the 5 day programmes has continued throughout 2021. The impact of these findings will enable us
lo evidence just how much impact the 5 day programmes are having and will as a result will hopefully lead
onto accessing additional funding and support from further partner organisalions
Achieved financial stability
Trialled an Operations Manager role
Developed relationship with a company to manage all our press, PR and social media
Took active steps towards creating a consistent flow of referrals
Set up a partner organisation mailing list to help create a constant flow of referrals
Put our referral process online
Began development of a team of Climbing Out ambassadors made up of previous parts'cipants lo help raise
awareness and signpost others lo our support servi￿$
Page 3

CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Summary of our main achievements during 2021:
Core Activities
Five core Programmes
One Level 2 Programme
One Level 3 Programme
One tsster Programme lo educate referring organisalions as to what Climbing Out offers
Closing of online workshops and transfer of podcasts and videos to website
Eight Walk and Talk Days run from June lo December
The Climbing Out Club continued lo support each other through the closed Climbing Out Club Facebook
group
Fund Raising Hike in North Vvales
After piloting it in 2018, we have continued lo use the structure of signposting individuals to the relevant
counselling or therapy. Climbing Out has established a team of coaches and funds be￿een 4 and 8
sessions for relevant individuals.
Significantly developing our network of partner organisalions, including further establishing links with the
Emergency Services and the Armed Forces Community
Research project with Chester University
Growing financial stability
Development of the part time admin position
Funding
Funding was successfully secured for all the setwices that Climbing Out was able to run this year through a
number of grant making organisations including funding of £5k and above from The 4814 Trust, The IGY
Foundation, The Armed Forces Covenant Trust, The UKH Foundation, The AL Green Charitable Trust and
The National Lottery Fund.
£172,850 was raised through funding lellers to trusts and foundations.
The annual Fundraising Hike raised £6,000.
Despite restrictions, funds have still been raised for Climbing Out through independent fundraising and small
donations.
Govornanco and Structure
The Board of Trustees established In 2018 has continued to work well together over 2021, sharing areas of
expertise and supporting Climbing Out with individual strengths.
The part lime administrator appointed in 2019 has continued to successfully support the Charity Manager,
with hours worked as needed and increased to a maximum of 15 per week.
Page 4

CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounts
Hollies BookKeeping Continue to successfulty manage our accounts and keep all details on a Cloud
aeeounling system
The appointment of an accountant to put together our end of year accounts has been very successful. We
now feel we have a good structure in place lo manage our accounts and financial budgeting.
Cllmblng Out Club
Members continue to support each other, and lifelong friendships are being developed.
We continue to see a large amount of interaction between past participants through the closed Climbing Out
Club facebook group. This helps to maintain the strong ne￿Ork of friendship and peer support which plays a
vital part in the continued recovery and growth of our participants.
FINANCIAL REVIEW
Financial review
Funds raised by the charity are used lo pay the running costs and provision of the programmes. All funds are
held in Bank Accounts with HSBC Bank in the name of Climbing Out. We have no funds in delicil.
The charity's principal source of funds:
Funding Bids - £172,850 was generated through funding bids in 2021 and through letters sent lo trusts and
foundations asking for donations
£16,000 of was from grant making organisalions that have offered long term support to Climbing Out
Individual fundraisinglJusl Giving £16,469 was raised by individual fundraisers and Just Giving.
£6,000 was raised by the annual Fund Raising Hike
Key expenditure and how this has supported the objectives of the charity:
Funds raised by the charity are used to pay the running costs and provision of the programmes and Walk
and Talk days.
A total of £103,618 has been spent on programme delivery in 2021
Other expenditure includes logistical running costs of the charity including accounting, bid writing, and PR
How this has supported the objectives of the charity:
The key objective of the charity is to deliver our 5 day programmes. Al a cost of £103,618 in relation to our
total expenditure of £136,100, 760/0 of our expenditure has been used to achieve this. This includes the
logistical planning and preparation associated with enabling the programme lo happen.
The remaining 24°/o of expenditure has been used for the running costs and development of the charity,
without which Climbing Out would not continue to function, grow and ultimately be In a position lo support
growing number of young people.
Page 5

CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Reserves policy
Climbing Out Reserves policy aims lo ensure our work is protected from the risk of disruption al short notice
lo a lack of funds, whilst at the same time ensuring we do not retain for longer than required.
The reserves policy takes into account the overall sustainability of the charity and the aim is to retain
sufficient funds in reserve to allow the charity to continue lo operate for al least 6 months, running a
minimum of2 programmes.
Our aim is lo increase this lo at least 12 months full running costs over the next 2 to 3 years lo ensure no
significant disruption lo our charitable aclivib'es," approximately £144,000 based on the following projected
costs for 2022..
£104k for programmes18 programmes at £13k each)
£20k running costs.,
£5k walk and talk., and
£15k for a kil-store and kit.
Our reserves policy is monitored and reviewed on an ongoing basis.
FUTURE PLANS
As reslriclions have lifted during the year we have planned 8 programmes running from March through until
October.
We'll be running a Level 2 Programme in North Wales again.
One programme will be specifically for Forces veterans under Armed Forces Covenant Trust funding
One programme will be held at Duke's Barn in the Peak District where we can accommodation participants
requiring greater physical support
One programme will cater predominantly for the emergency services, NHS and armed FOr￿S
We plan to continue to offer monthly Walk and Talk days - groups will be meeting at venues in Shropshire,
Wales and The Peak District and heading out for a day's walking with an instructor leading the walk.
Members of the Climbing Out team will be there too, to offer personal development conversations for anyone
that needs a bit of support or guidance. But the most important thing is we'll be getting active, having fun and
will have the chance lo meet and chat with others.
Other
We continue to have a part time admin role to help support the logistical running of Climbing Out. This role
continues lo develop. The hours have extended to up to 15 per week and Management of budgeting and
financial reporting has been taken on.
We plan lo trial the use of volunteer previous participants on programmes as an extra support and
perspective for participants.
Page 6

CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Mental Health Technical Advisor has stepped down and the Ops manager role has evolved from a
salaried role to a freelance position providing support and technical advice to the CEO rather than hands on
logistical responsibilities, in return for a monthly retainer fee.
A budget has been set aside to provide for follow up counsellinglcoaehing with external providers for
participants who need this, within a controlled budget.
Plans to continue the benefits to Climbing Out stemming from Kelda's Atlantic row by..
1. Supporting the creation, by volunteers, of a children's picture book, inspired by Kelda's row and the
creatures that she encountered. Using the theme of supporting one another to replace "I can't," with How
can l?" this project will create a resource to both fundraise and spread the central message of Climbing Out.
2. Developing and launching a feature documentsry based around the Allanlic row. This will be used as an
inspirational and motivational resour￿ for Climbing Out.
3. Further talks delivered by Kelda sharing her story.
PR and social media management has been outsourced to Shropshire Festivals for a monthly fee and due lo
positive results this will continue into 2022.
Govornance and Structure
We will continue lo develop the roles and responsibilities of the trustees creating a stronger foundation for
the charity.
We aim to offer govemance training for all our Iruslees.
We will continue to identify the roles required for Climbing Out to function successfully and to recruit people
for these various roles.
Working with service providers to help manage our governance and structure, especially focusing on
policies, procedures and other aspects of HR.
Accounts
Financial reports - the administrator is taking on responsibility for making financial reports lo the Trustees at
their meetings.
Annual budgeting An annual budgeting meeting will be held to plan the budget for the forthcoming year. A
budget for 2022 has now been pul in place. The meeting will be held in March so we have lime to prepare
and raise the required finances for the forthcoming year. This will create financial security for Climbing Out
reducing any Chan￿ of over spending.
We will continue lo use an accountant to do our end of year accounts. Hollies bookkeeping will continue to
manage the day-to-day fInan￿S and TCA accountants and business advisors will be used lo create and
submit our end of year accounts.
Account one and account two Two accounts are still in place. Account One will continue lo be used solely
as a programme account to manage all finan￿$ connected lo the 5 day programmes. Account Two will be
used to manage all money not connected to programmes and include running costs and free reserves.
Page 7

CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Funding and Fundraising
Funding Applications
We will continue to make applications to both repeat funders and new funders
throughout the year to ensure a steady flow of funds both for the coming year and then for use in 2023.
We have developed relationships with further Forces funders to broaden what we can offer to veterans and
serving personnel.
We also successfully secured £25,OOOlper annum for the foreseeable future through the IGY Foundation to
fund staff costs. Both parties are keen to develop a long-temi relationship to ensure the sustainability of
Climbing Out.
Previous participants will be fundraising through the Level 2 programme.
We continue to develop long term relationships with funding bodies bringing us in a sustainable annual
income.
The Climbing Out Ball and Awards The Ball will now be tsking place on 21st May 2022 having been
postponed as a result of the Coronavirus.
A Fund-raising Hike is planned for a length of Hadrian's Wall in October 2022.
Climbing Out Club
The Climbing Out Club will continue to organise Social events, fundraising activities and training and
development opportunities.
The Climbing Out Club continues to offer long term support and guidance to any member.
The club continues lo provide a network of friendship and support for members with other members, creating
long term sustainability of the impact of the 5 day programmes.
The introduction of Level two and three programmes to support the continued growth and development of
members.
We plan lo develop a group of 'Ambassadors' from past participants, both to give them opportunities for
personal growth and lo increase our reach lo future parlicipanls.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Climbing Out is a registered charity and is governed by it's constitution dated 2 November 2011.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Risk management
The trustees have a duly to identify and review the risks to which the charity is exposed and lo ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.The Trustees have
considered the major risks to which the charity is exposed and have reviewed those risks and established
systems and procedures lo manage those risks.
Page 8

CLIMBING OUT
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
TRUSTEES. RESPONSIBILITY STATEMENT
The Iruslees are responsible for preparing the Trustees, Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Aecepled
Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and
Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial
slalements for each financial year which give a true and fair view of the slate of affairs of the charrty and of
the incoming resources and application of resources, including the income and expenditure, of the charity for
that period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consislenlly.,
observe the methods and principles in the Charity SORP.,
make judgements and estimates that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the
charity will continue in business.
The Iruslees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions
of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on
..1.Ith.Oatober.2022...... and signed on its behalf by..
J Redmorid - Trustee
Page g

INDEPENDENT EXAMINER'S RE
CUMBING
O THE TRUSTEES OF
Indep9nd￿t examlnerfs report to the trustee5 of Climbing Out
I report lo the challty trustees on my eXwnlna￿n of the accounts crf Clmbing Out (the Trust) for the year
ended 31 Dec*mter 2021.
Re5ponsibilitl¢s and basis of report
As the challty trustee5 of the Trust you are resKXjn5￿ for th8 prgp¥*in of the ar￿Unts in &tsjrdan￿ with
the requirements of the ChantEs Act 2011 Cthe Ad).
I report in res￿ of my examinat*)n of the TwsV¥ accounts carried under s&tKJn 145 of the Ad and in
caryirwJ out my examinatKJn I folcwBJ Dir•kn gi¥En by the Charity Commission under
sectw)n 14515Mbl of the Act.
Independent examinerfs slatement
I have Comp￿ted my examin*K>n. I CL￿firM tha nknl mattws haN* come to my attentrjn in w￿￿tIOn
wrth the examinakn'on gNbrwJ me cause to t&ve tha n any rNAterial re4)&X'
unting r￿ordS were not kept in respert of the Twst as ￿Ured by sectKJn 130 ofthe Ad., or
the accounts do not w(Éh those r&ords' or
the accounts do r¥)t ccryty with the applvble requirements ¢¢*￿eming the form and content of
aC￿UnIS set out in the CharitEs {Aco)unts aThJ Reports) RwJuk8tions 2008 other than any requirenEnt
that the accounts gNe a true and frdiT view whith is not a matrer consider￿1 a5 part of an independent
examinali)n.
I have Th) concerns and ha￿ cane &ross nJ9tters C￿n￿l￿)n with the eXaMinat￿n to which
attenlY)n shoubj be drawn in thi5 re￿ in order to enth a prcw uThJer5tarKling ￿ the xcounts to be
reached.
C MoeW-VVllliams, Bsc FCA
ICAEW
TCA (Shre4¥St¥Jryl LLP
Third Fbor
21 Sl Marls Street
Shrewsbury
Shropghire
SY1 1ED
Page 10

CLIMBING OUT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
Total
funds
2020
Total
funds
Unrestricted
funds
Reslricled
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
99,320
120,750
220,070
93,884
EXPENDITURE ON
Raising funds
6,428
6,426
6,622
Charitable activities
General
61,919
67,755
129,674
77,579
Total
68,345
67,755
136,100
84,201
NET INCOME
30,975
52,995
83,970
9,683
RECONCILIATION OF FUNDS
Total funds brought forward
59,691
69,604
129,295
119,612
TOTAL FUNDS CARRIED FORWARD
90,666
122,599
213,265
129,295
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page11

CLIMBING OUT
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021
2021
Total
funds
2020
Total
funds
Unrestricted
funds
Reslricled
fund
Notes
FIXED ASSETS
Tangible assets
7,870
7,870
8,465
CURRENT ASSETS
Debtors
Cash at bank
18,649
71,970
18,649
194,569
23,528
128,000
122,599
90,619
122,599
213,218
151,528
CREDITORS
Amounts falling due within one year
17,8231
17,8231
130,6981
NET CURRENT ASSETS
82,7
122,599
205,395
120,830
TOTAL ASSETS LESS CURRENT
LIABILITIES
90,666
122,599
213,265
129,295
NET ASSETS
90,666
122,599
213,265
129,295
FUNDS
Unrestricted funds..
General fund
Designated
10
69,265
21,401
1,295
58,396
90,666
59,691
Restricted funds
122,599
69,604
TOTAL FUNDS
213,265
129,295
The financial statements were approved by the Board of Trustees and authorised for issue on
11th October 2022
and were signed on ils behalf by..
J Redmon
Trustee
The notes form part of these financial statements
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CLIMBING OUT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 '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 IFRS 1021
(effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements
have been prepared under the historical cost convention.
The charity has taken advantsge of the following disclosure exemptions in preparing these financial
statements, as permitted by FRS 102 'The Financial Reporting Stsndard applicable in the UK and
Republic of Ireland.:
the requirements of Section 7 Statement of Cash Flows.,
the requirement of paragraph 3.17ldl',
the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.481alliii}, 11.48lallivl, 11.48lbl
and 11.48lcl,
the requirements of paragraphs 12.26, 12.27, 12.291al, 12.29lbl and 12.29A',
the requirement of paragraph 33.7.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the
funds, it is probable that the income will be re￿iVed and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in selllemenl and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all Cost
related to the category. Where costs cannot be directly attributed lo particular headings they have
been allocated to activities on a basis consislenl with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular reslricled
purposes.
Further explanation of the nature and purpose of each fvnd is included in the notes to the financial
statements.
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CLIMBING OUT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
DONATIONS AND LEGACIES
2021
2020
Donations and legacies
220,070
93,884
CHARrrABLE ACTMTIES COSTS
Direct
Costs
Support
costs
Totals
General
103,618
26,056
129,674
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 De￿rnber 2021 nor for
the year ended 31 December 2020.
Trustoes. gxpenses
There were no trustees, expenses paid for the year ended 31 De￿mber 2021 nor for the year ended
31 December 2020.
COMPARATJVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Reslricled
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
29,162
64,722
93,884
EXPENDITURE ON
Raising funds
6,622
6,622
Charitsble activities
Geneol
38,655
38,924
Total
45,277
38,924
84,201
NET INCOMEI{EXPENDITUREI
116,1151
25,798
9,683
RECONCILIATION OF FUNDS
Total funds brought forward
75,806
43,806
119,612
TOTAL FUNDS CARRIED FORWARD
59,691
69,604
129,295
Page 14
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CLIMBING OUT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Computer
equipment
Totals
COST
At 1 January 2021
Additions
10,410
677
990
11,087
990
At 31 December 2021
10,410
1,667
12,077
DEPRECIATION
At 1 January 2021
Charge for year
2,170
1,030
452
555
2,622
1,585
Al 31 December 2021
3,200
1,007
4,207
NET BOOK VALUE
At 31 December 2021
7,210
660
7,870
Al 31 December 2020
8,240
225
8,465
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2020
Trade debtors
Other debtors
Prepayments
62
5,550
17,916
4,850
13,799
18,649
23,528
CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2020
Bank loans and overdrafts (see note 91
Social security and other taxes
Other creditors
Accruals and deferred income
3,397
763
197
26,341
1,120
258
6,445
7,823
30,698
LOANS
An analysis of the maturity of loans is given below".
2021
2020
Amounts falling due within one year on demand..
Bank overdrafts
3,397
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CLIMBING OUT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
10. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
tween
funds
At
31.12.21
At1.1.21
Unrestricted funds
Geneml fund
Designated
1,295
58,396
30,975
36,995
36,995)
69,265
21,401
59,691
30,975
90,666
Restricted funds
Restricted funds
69,604
52,995
122,599
TOTAL FUNDS
129,295
83,970
213,265
Net movement in funds, included in the above a￿ as follows".
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
99.320
168,345)
30,975
Restrlcted funds
Restricted funds
120,750
167,755}
52,995
TOTAL FUNDS
220,070
136,100)
83,970
Comparatives for movement in funds
Nel
movement
in funds
Transfers
be￿een
funds
Al
31.12.20
At1.1.20
Unrestricted funds
General fund
Designated
13,112
62,694
116,115}
4,298
4,298)
1,295
58,396
75,806
116,1151
59,691
Restricted funds
Restricted funds
43,806
25,798
69,604
TOTAL FUNDS
119,612
9,683
129,295
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CLIMBING OUT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
10.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows.
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
29,162
145,277)
116,115)
Restricted funds
Restricted funds
64,722
138,924)
25,798
TOTAL FUNDS
93,884
84,2011
9,883
A current year 12 months and prior year 12 months combined position is as follows..
Nel
movement
in funds
Transfers
be￿een
funds
At
31.12.21
At1.1.20
Unrestricted funds
General fund
Designated
13,112
62,694
14,860
41,293
41,293}
69,265
21,401
75,806
14,860
90,666
Restricted funds
Restricted funds
43,806
78,793
122,599
TOTAL FUNDS
119,612
93,653
213,265
A current year 12 months and prior year 12 months combined nel movement in funds, included in the
above are as follows..
Incoming
reSoUr￿S
Resources
expended
Movement
in funds
Unrestricted funds
General fund
128,482
1113,622)
14,860
Restricted funds
Restricted funds
185,472
1105,6791
78,793
TOTAL FUNDS
313,954
220,301}
93,653
The restricted ftjnd relates to money received specifically for use on the programmes.
Transfers between funds
The Trustees continue to hold the 2022 programme running costs in reserves. The reslricled fund
totalled £122,599 at the year end and so the Board have designated £21,401 to ensure that the
programme running costs, estimated al £13k per programme, are included. This also includes
£20,000 to represent the ongoing running Costs of the charity for the next financial year, £5k for Walk
and Talk days and £15k for a kit-store and kil.
Page 17
continued...

CLIMBING OUT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2021
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
Page 18