2025-03-31-accounts - Southport Offshore Rescue Trust

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Southport Offshore Rescue Trust – Details of Activities and Achievements for the Year 2024/25

Search and Rescue Service

As in all previous years, we remained fully available for all emergency call-outs, with crew available for all eventualities.

The Board of Trustee Directors would like to take this opportunity to thank our Search and Rescue crews for their dedication and commitment during this period and in ensuring that the service remained on 24 hour emergency call-out throughout the year. We would also like to extend these thanks to our Charity Shop staff, who have kept the shop fully staffed and stocked throughout this period, ensuring that the much needed funds were brought in to maintain our service delivery.

Lifeboat Station

Since the opening of our new Lifeboat Station in January 2022, we have held a number of Open Days and held numerous talks to interested organisations, where we have been able to showcase all our assets and the new facilities all under one roof.

Throughout this reporting period, the Trust have welcomed many of our Emergency Services colleagues to our Lifeboat Station during emergency callouts, as a central reporting base. We have also hosted a number of joint emergency services meetings, which have proved invaluable for the recognition of the services provided by our organisation.

Assets

Both our offshore and inshore lifeboats are regularly maintained in order to ensure that they are ready for immediate call-out at all times.

During this reporting period, the Trust have recognised that our main offshore lifeboat “Heather White” will need to be replaced within the next few years. Although the lifeboat continues to provide excellent and reliable service, it is taking more time to keep on top of the required maintenance. The Trust have therefore commenced on a feasibility study on all the potential replacement craft that are currently in production throughout North West Europe. The study will include a list of minimum requirements in order to create a shortlist of suitable candidates. At the end of the reporting period, this shortlist had been completed and visits to trial all the various craft had also been undertaken. It is the Trust’s intention to announce the successful manufacturer and sign the new-build contract in Summer 2025.

In January 2024, we replaced our three ATV quads, which had come to the end of their operational service life with us. They were very well maintained

and were able to command a very good trade-in value against their replacements. The Trust decided to continue with the same make and model (CanAm Outlander) as previous due to their ability to cope with our local terrain. The ATV quads continue the service of providing an excellent search and rescue (SAR) capability for the Trust. The quads have proven to be the workhorse of our organisation, All three quads are

also equipped with an extra seat. This enables us to transport additional personnel to and from an incident when required. We are also able to transport additional equipment if required, through the use of an ATV trailer attached to one of the quads.

During the summer of 2024, the new and recently converted Challenger E85 launch vehicle was delivered from Habbeke Shipyard in Holland and was immediately put into service as our primary launch vehicle. Our other Challenger E95 has been moved into a A SOUTH ORT an, Merce # reserve function. The j Trust also has a third 7 | ‘ : ! launch vehicle, a modified New Holland TD5 tractor, which is ZU gee | d primarily to launch our smaller inshore lifeboat.

Following the introduction of our UAS (Unmanned Aerial System) assets (Drones) to our Search and Rescue service. They have been tasked to many of our emergency call-outs. This is especially so in the search for missing casualties within the dunes to the south of our operational area but also frequently to the vast marshland area to the north. All our UAS operations are carried out with the specific permission given by Natural England to fly within Sites of Special Scientific Interest (SSSi).

Also a major benefit of our UAS assets is to fly above areas where people are in danger of being cut off by the tide. They are able to relay information to our ground and waterborne assets directing them to the safest passage to safety.

After an intensive training period during this reporting period, culminating in a final practical and theory based exam, the Trust have increased their SAR UAS Pilot roster from 2 to 5. We currently operate 2 state of the art drones, both with HD and thermal imaging cameras, following the retirement from service of our original assets that no longer receive the required software support from the manufacturer.

Emergency Call-Outs

Full details for the 2024/25 reporting period are as follows:

Date	Incident	Asset Used	Action	Casualties
2025
23/02/25	Assisted in search for a missing male in the vicinity of Southport Pier. Nothing found.	Quads & UAS	Stood down
16/02/25	Assisted Police in the recovery of a body at Formby Beach. Brought ashore and handed over to the Coroner and NWAS.	Quads	Lives lost	1
13/02/25	Continued to assist in a large-scale multi agency search for a missing male at Formby Beach and surrounding area.	Quads & UAS	Stood down
12/02/25	Continued to assist in a large-scale multi agency search for a missing male at Formby Beach and surrounding area.	Quads, Foot Team & UAS	Stood down
11/02/25	Assist in a large-scale multi agency search for a missing male at Formby Beach and surrounding area.	OLB, Quads, Foot Team & UAS	Stood down

01/02/25 ~~es~~	Search for a missing driver of a car that had crashed into the Southport Marine Lake. Found by Police inland later in the day. ~~es~~	ILB, Quads & UAS ~~es~~	Stood down ~~es~~	~~es~~
20/01/25 ~~es~~ ~~a~~	Assist in a large-scale multi agency search for a missing teenager at Ainsdale. Found, brought to safety and handed to NWAS. ~~es~~ ~~eeeee~~	OLB, Quads, Foot Team & UAS ~~es~~ ~~eeeee~~	Lives saved ~~es~~ ~~eeeee~~	1 ~~es~~ ~~eeeee~~
18/01/25 ~~a~~	Search and recovery of a vulnerable female in the tideline at Southport Beach. Brought to safety and handed to NWAS. ~~eeeee~~	Quads & ILB ~~eeeee~~	Lives saved ~~eeeee~~	1 ~~eeeee~~
2024 ~~a~~ ~~eeeee~~ ~~Pe~~
25/12/24 ~~Pe~~ ~~a~~	Search and extraction of a male experiencing a medical emergency within Birkdale Dunes. Brought to safety and assessed as not requiring NWAS assistance. ~~Pe~~	Quads & UAS ~~Pe~~	Lives saved ~~Pe~~ ~~ee~~	1 ~~Pe~~ ~~ee~~
24/11/24 ~~a es~~ ~~a~~	Search for vulnerable female near Southport Pier. Found by Police inland. ~~es~~	Quads & UAS ~~es~~	Stood down ~~es~~ ~~ee~~ ~~e~~	~~es~~ ~~ee~~
22/11/24 ~~a es~~ ~~a ee~~	Recovery ashore of 2 people stuck in mud on Southport Beach, near Weld Road. ~~es~~ ~~ee~~	Quads ~~es~~ ~~ee~~	Assisted ~~es~~ ~~ee~~ ~~ee~~ ~~e~~	2 ~~es~~ ~~ee~~ ~~ee~~
13/09/24 ~~a ee~~ ~~eee~~ ~~a~~	Search for 2 people attempting to walk to Blackpool. Located 2.5 miles north of Rainfords Track and brought back to safety. ~~ee~~ ~~eee~~	ILB, Quads & UAS ~~ee~~ ~~eee~~	Lives saved ~~ee~~ ~~ee~~ ~~e~~ ~~eee~~ ~~eee~~	2 ~~ee~~ ~~ee~~ ~~eee~~ ~~eee~~
31/08/24 ~~eee~~ ~~a ee~~ ~~a~~ ~~PF~~	Search for missing child at Ainsdale Beach. Stood down en route. ~~eee~~ ~~ee~~	Quads ~~eee~~ ~~ee~~ ~~ee~~	Stood down ~~eee~~ ~~ee~~ ~~eee~~ ~~eee~~	~~eee~~ ~~ee~~ ~~eee~~ ~~eee~~
31/08/24 ~~a~~ ~~PF~~	Recovery of a broken-down fishing boat with 4 POB. Boat towed to Ainsdale for recovery. ~~ee~~	OLB ~~ee~~ ~~ee~~	Assisted ~~eee~~ ~~ee~~ ~~eee~~	4 ~~eee~~ ~~ee~~ ~~eee~~
18/08/24 ~~PF	~~	Search for a vulnerable female in the dunes near Victoria Rd, Formby. Found, given first aid and brought to safety then handed to NWAS. ~~	~~	OLB, Quads & UAS ~~ee~~ ~~
11/08/24 ~~PF~~ ~~a~~	Search for missing person at Ainsdale Beach. Stood down en route. ~~a~~ ~~ee~~	OLB & Quads ~~ee ~~ ~~a~~ ~~ee~~ ~~ee~~	Stood down ~~eee~~ ~~a~~ ~~ee~~ ~~eee~~	~~eee~~ ~~a~~ ~~ee~~ ~~eee~~
02/08/24 ~~PL~~ ~~ae~~	Search for male reported to be in difficulty near Southport Pier. Found and assessed as not in any danger. ~~PL~~	Quads & UAS ~~ee ~~ ~~PL~~ ~~ee~~	Assisted ~~eee~~ ~~PL~~ ~~ee~~	1 ~~eee~~ ~~PL~~ ~~ee~~
29/07/24 ~~a ee~~ ~~ae~~ ~~ee~~	Search for 2 missing children at Ainsdale Beach. Stood down en route. ~~ee~~ ~~es~~	Quads ~~ee~~ ~~ee~~ ~~es~~	Stood down ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~
28/06/24 ~~ae~~ ~~ee~~	Search for a person walking out to sea at Southport Beach. Found but assessed to be not in danger. ~~es~~	Quads ~~ee~~ ~~es~~	Assisted ~~ee~~	1 ~~ee~~
28/06/24 ~~ae~~ ~~ee~~ ~~a~~	Search for a missing person at Ainsdale Beach. Found by Police. ~~es~~	Quads ~~ee~~ ~~es~~ ~~ee~~	Stood down ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~
19/06/24 ~~ee~~ ~~a ee~~ ~~a~~	Search for despondent male near Southport Pier. Found by Police and brought to safety. ~~es ~~ ~~ee~~	Quads ~~es~~ ~~ee~~ ~~ee~~	Stood down ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~
07/06/24 ~~a ee~~	Search for a missing male along the Southport Beach coastline. Found by Police inland ~~ee~~	Quads & UAS ~~ee ~~ ~~ee~~	Stood down ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~ ~~ee~~
24/05/24 ~~ee~~ ~~a~~	Search for male reported to be in difficulty near Southport Pier. Found and assessed as not in any danger. ~~ee~~	Quads ~~ee~~	Assisted ~~ee~~	1 ~~ee~~ ~~ee~~ ~~ee~~
18/05/24 ~~ee~~ ~~a~~	Search for 8 people in difficulty in the water at Ainsdale Beach. All self-rescued but first aid given and handed to NWAS ~~ee~~	OLB & Quads ~~ee~~	Assisted ~~ee~~	8 ~~ee~~ ~~ee~~~~ee~~
05/05/24 ~~a eee~~	Rescue of 4 people stranded on an island in the Southport Marine Lake. Found and brought to safety ~~eee~~	ILB & UAS ~~eee~~	Assisted ~~eee~~	4 ~~ee~~ ~~eee~~

29/04/24	Search for a missing elderly male at Southport Beach. Found by Police inland.	OLB & Quads	Stood down
22/04/24	Search for despondent male north of Southport Pier. Found and brought to safety	OLB & Quads	Lives saved	1
17/04/24	Search for a missing person at Southport. Found by Police inland.	OLB & Quads	Stood down
05/04/24	Search for a missing person at Hightown. Found by HMCG.	Quads & UAS	Assisted	1

Charity Shop

As in previous years, the shop has continued to perform above expectations and continues to increase its income levels to support the overall fundraising activities of the Trust.

The Trust currently has 4 leases at the Charity Shop complex, 69c, 71 and 69b and 69a (Unit 1) Everton Road.

Southport Lifeboat Lottery

The Lottery has proven to be a very reliable source of income which allows the Trust to invest for the future in new equipment and premises.

Our lottery canvassing company continue their normal door to door activities in signing up new members. However, due to the lasting effects of the cost of living crisis, there continues to be a reduction in existing members. This reduction has resulted in a slight decrease in the monthly income provided.

Donations and Bequests

The number of fundraising activities both by ourselves and by our supporters, local organisations, clubs and societies returned during this reporting year has seen a marked increase in donations received. As mentioned previously, the talks and Open Days at our Lifeboat Station has proved to be a very successful income generator.

Unfortunately, our collection tins, continues to struggle with very little collected in these in all the various shops and public houses in our area.

We have benefitted from a number of significant legacies which have been bequeathed to the Trust. Most namely the Margaret Robertson Charitable Trust, which was formed shortly after Mrs Robertson’s death in April 2020 to help support three named charities, of which we were named as one. This trust will provide upon application, funds for specific projects on a year to year basis for at least the next five to ten years. The Trust have now received four annual donations, which have been used to help with the initial Lifeboat Station fitting-out and also the launch vehicle purchase and conversion.

During this reporting period, we were also bequeathed a sizeable legacy from the estate of the late Mrs Anita Bentley.

SQUTHPORT OFFSHORE RESCUE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Charity registration number 1146805 Company registration number 08011925 (England and Wales)

SOUTHPORT OFFSHORE RESCUE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr A S D'Arcy-Maslers Mrs N D Goldup MrA J Porter Mr KA Porter Mr N D Porter Mr J Shawcfoft MrAWTopping Mrs K Wilson Mrs E Almond Mr J J Felice Mr M D Parkas Secretary Mrs EAlmond Charity number 1146805 Company number 08011925 Reglstered offlce 7-9 Station Road Heskelh Bank Preston Lancashire PR4 6SN Independent examlner Champion TLL Limited 7-9 Slalion Road Hesketh Bank Preslon Lancashire PR4 6SN

SOUTHPORT OFFSHORE RESCUE TRUST CONTENTS Page Trustees reporl Independent examinerfs report Slalement of financial activities Balance sheet Notes to the financial slatemenls 9-17

SOUTHPORT OFFSHORE RESCUE TRUST TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial slalemenls for the year ended 31 March 2025. The financial slalements have been prepared in accordance wilh the accounling policies set out in note 1 to the financial slalements and comply with the Charitable CoMpanS governing document, the Companies Act 2006 and "Accounling and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounls in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102)" (effeclive 1 January 2019). Objectives and actlvltles The objects of the Charity are slated as follows, in the Governing Document= Any charitable purpose for the public benefit for the Preservation and saving of life at sea and to equip, mainlain and operate an offshore rescue service at Soulhport. To carry oul beach, mud and marshland searches and rescues at Soulhport and the surrounding area bètween the rivers Mersey and Ribble and lo assist in improving the standards of coastline safely there. Publlc benefit The Trustees have considered the Charity Commission guidance reg8rding publlc benefit and are satisfied Ihat the aclivilies of the Charily, as described above. meet the necessary criteria. Achlevements and performance Search and Rescue Servlce As in all previous years. we remained fully available for all emergency call-outs. wilh crew available for all evenlualilies. The Board of Truslee Oireclors would like lo take this opportunily to thank our Search and Rescue Crews for their dedication and commitment during this period and in ensuring Ihal the service remained on 24 hour emergency call- oul throughout Ihe year. We would also like lo exlend Ihese Ihanks lo our Charity Shop staff, who have kept the shop fully staffed and stocked throughout this period, ensuring that Ihe much needed lunds were brought irs lo maintain our service delivery.

SOUTHPORT OFFSHORE RESCUE TRUST TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Llfeboat Station Since the opening of our new Lifeboat Station in January 2022. we have held a number of Open Days and held numerous talks to interested organisations, where we have been able to showcase all our assets and the new facilities 811 under one roof. Throughout this reporting period, the Trust have welcomed many of our Emergency Setvices colleagues lo our Lifeboat Station during emergency callouts, as a central reporting base. We have also hosled a number of joint emergency services meetings, which have proved invaluable for Ihe recognilion of Ihe services provided by our organisalion. Assets Both our offshore and inshore lifeboats are regularly maintained in order to ensure that they are ready for immediate call-out at all times. During this reporting period. the Trust have recognised that our main offshore lifeboat °Healher While" will need to be replaced within the next few years. Allhough the lifeboat continues to provide excellent and reliable service, il is taking more lime lo keep on lop of the required maintenance. The Trust have therefore commenced on a feasibilily study on all the potential replacement craft that are currently in production Ihroughoul North Wesl Europe. The study will include a list of minimum requirements in order to create a shortlist of suitable candidates. At the end of the reporting period, this shorilisl had been completed and visils lo trial all Ihe various craft had also been undertaken. It is the Trust's intention lo announce the successful manufacturer and sign the new-build contract In Summer 2025. In January 2024. we replaced our three ATV quads, which had come lo the end of their operalional service life wilh us. They were very well maintained and were able to command a very good Irade-in value against Ihelr replacements. The Trust decided to continue with the same make and model (CanAm Outlander) as previous due to Ihèlr ability lo cope with our local lerrain. The ATV quads continue the service of providing an excellent search and rescue (SAR) capability for the Trust. The quads have proven to be the workhorse of our organisalion, All three quads are also equipped with an extra seat. This enables us to Iransport additional personnel to and from an incident when required. We are also able to transport additional equipment if required, through the use of an ATV trailer attached to one of the quads. During the summer of 2024, the new and recenlly converted Challenger E85 launch vehicle was delivered from H8bbeke Shipyard in Holland and was immedialely pul inlo service as our primary launch vehicle. Our other Challenger E95 has been moved into a reserve function. The Trusl also has a third launch vehicle, a modified New Holland TD5 Iraclor, which is primarily lo launch our smaller inshore lifeboat. Following the introduction of our UAS (Unmanned Aerial System) assets (Drones) to our Search and Rescue service. They have been tasked to many of our emergency call-outs. This is especially so in the search for missing casualties within the dunes to the south of our operalional area but also frequently to the vast marshland area to Ihe north. All our UAS operations are carried out with the specific permission given by Nalural England to fly within Sites of Special Scientific Inleresl (SSSI). Also a major benefit of our UAS assets is lo fly above areas where people are in danger of being cul off by the tide. They are able to relay information to our ground and waterborne assets direcling them to Ihe safest passage to safely. After an intensive Iraining period during this reporling period. culminating in a final practical and theory based exam, the Trust have increased their SAR UAS Pilot roster from 2 10 5. We currently operate 2 state of the art drones, bolh with HD and thermal imagin9 cameras, following the retirement from service of our original assets that no longer receive Ihe required sofiware support from the manufacturer.

SOUTHPORT OFFSHORE RESCUE TRUST TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Emergency Call-outs Full details for the reporting period are detailed in an appendix at Ihe back of the accounts. Charity Shop As in previous years. the shop has continued to perform above expeclalions and continues to increase its income levels lo support the overall fundraising activities of Ihe Trust. The Trust currently has 4 leases al the Charily Shop complex, 69c. 71 and 69b and 69a (Unit 1) Everton Road. Southport LSfeboat Lottery The Lottery has proven to be a very reliable source of income which allows the Trust to invest for the future In new equipment and premises. Our lollery canvassing company continue their normal door to door aclivilies in signing up new members. However, due lo the lasting effects of the cosl of living crisis. there continues lo be a reduction in existing members. This reduction has resulted in a slight decrease in Ihe monthly income provided. Donatlons and Bequests The number of fundraising activities both by ourselves and by our supporters. local OTganisalions, clubs and societies returned during this reporting year has seen a marked increase in donalions received. As mentioned previously, the talks and Opèn Days at our Lifeboat Slalion has proved to be a very successful income generator. Unforlunately, our colleclion lins, continues to struggle wilh very little Collected in these in all the various shops and public houses in our area. We have benefitled from a number of significant legacies which have been bequealhed lo the Trust. Most namely the Margarel Robertson Charitable Trust. which was formed shortly after Mrs Robertson's dealh in April 2020 10 help support three named charilies, of which we were named as one. This trust will PTovide upon application, funds for specific projects on a year lo year basis for at least the next five lo ten years. The Trust have now received four annual donations, which have been used to help wilh Ihe initial Lifeboal Station filting-oul and also Ihe launch vehicle purchase and conversion. Ouring this reporting period, we were also bequealhed a sizeable legacy from the eslale of Ihe late Mrs Anlta Bentley.

SOUTHPORT OFFSHORE RESCUE TRUST TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnancial review Reserves Policy The Trustees aim lo maintain a level of reserves that would enable the Charity to continue and be financially viable fora period of twelve months, if income streams were to diminish., This equates lo approximately £150,000. Due lo the drive to raise funds for the building of a new boathouse. cash and investment holdings at the year end are well in excess of the above amounl. Much of Ihese reseNes will be spent in the medium term however, and most of the balance is designated as fixed assels where monies have already been spent . The Trustees will monitor this project closely to ensure sufficient reserves are retained upon completion. Investment pollcy and obJectSves The Trustees are responsible for the inveslmenl of any surplus funds of the Charity. As such funds may be requlred for immediate use or use in Ihe near fulure, the Trustees conlinue lo review various interest bearing, instant access and term deposit accounts in which to place such monies. Rlsk management The trustees have assessed the major risks to which the Charitable Company is exposed, and are satisfied thal syslems are in place lo miligale exposure to the malor risks. Structure, governance and management The charily is controlled by ils Memorandum and Articles of Association and conslitules a limiled company, limited by guaranlee, as defined by Ihe Companies Acl 2006. The Iruslees, who are also the directors for the purpose of company law, and who served during the year and up to the dale of signature of Ihe financial statements were.. Mr A S D'Arcy-Masters Mrs N D Goldup MrAJ Porter Mr K A Porter Mr N D Porter Mr J Shawcroft MrA WTopping Mrs K Wilson Mrs E Almond Mr J J Felice Mr M D Parkes The Trustees for the year in question are detailed in the accompanying documents. New Truslees can be appointed by a resolution of the existing Trustees. Induction and tralnlng of new trustees Training and induclion is provided verbally by exisling Trustees. The trustees report was approved by the Board of Trustees. MrA S D'Arcy-Mas Trustee Date: ...

SOUTHPORT OFFSHORE RESCUE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHPORT OFFSHORE RESCUE TRUST report to the Ifuslees on my examination of the financial statements of Soulhport Offshore Rescue Trust (Ihe Charitable Company) for the year ended 31 March 2025. Responslbllltles and basis of report As the Iruslees of the Charilable Company (and also its directors for the purposes of company law), you are responsible for the preparation of the financial slalements in accordan wilh the fequiremenls of the Companies Act 2006. Having satisfied myself that the financial slalements of the Charitable Company are not required to be audited under Part 16 of Ihe Companies Act 2006 and are eligible for independent examination. I report in respect of my examination of the Charitable Company's financial slalemenls carried out under section 145 of the Charities Acl 2011. In carrying out my examination I have followed the Directions given by the Charily Commission under section 145(5)(b) of the Charities Act 2011. Independent examlner's ststement Since Ihe Charitable Company's gross income exceeded £250.0(K), the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm thal l am qualified lo undertake the examination because l am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection wlth the examination giving me cause lo believe thal in any material respecl.. accounling records were not kept in Tespecl ol the Charitable Company as Tequired by section 386 of Ihe Companies Act 2006. th6 financial slalemenls do not accord wilh those recoids; or the financial slalements do not comply with the accounling requirements of section 396 of the Companles Act 2006 olher than any requirement that the financial slatemenls give a true and fair view, which is not a matter considered as part of an independent examination- or the financial statements have nol been prepared in accordance wilh the melhods and principles of th6 Slalement of Recommended Practi for accounting and reporting by charities applicable lo charities preparing their financial slatemenls in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other mallers in conneclion with the examination lo which allenlion should be drawn in Ihis report in order to enable a proper understanding of the financial slatements to be reached. Champlon TLL Llmlted P Buck FCA,DChA 7-9 Station Road Heskelh Bank Preston Lancashire PR4 6SN Date..

SOUTHPORT OFFSHORE RESCUE TRUST STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current flnancial year Unrestricted Designated funds funds general 2025 Total Total 2025 2025 2024 Notes Income and endowments from: Donations and legacies Other trading activities Investments Other income 320,752 354,564 25,424 13.500 320.752 354,564 25,424 13,500 279,632 310,514 11,328 Total Income 714.240 714,240 601,474 enditure on.. Raising funds 42,501 42,501 32,623 Offshore rescue 141.516 130,095 271.611 208,152 Total expendlturè 184,017 130,095 314,112 240,775 Nél gainsl(losses) or) inveslmenls 13 (28) (28) Not Incomlng resources before transfers 530,195 (130,095) 400.100 360,699 Gloss transfers belween funds (130.359) 130,359 Net income for the yearl Net movement in funds 399.836 264 400.100 360,699 Fund balances at 1 April 2024 1.033,405 2,786,327 3,819,732 3,459,033 Fund balances at 31 March 2025 1,433.241 2.786.591 4,219,832 3.819,732 The statement of financial aclivities includes all gains and losses recognised in the year. The statement of financial activities includes all gains and losses recognised in Ihe year. All income and expenditure derive from conlinuing aclivilies. The slalement of financial aclivities also complies with the requirements for an income and expenditure account under the Companies AGt 2006.

SOUTHPORT OFFSHORE RESCUE TRUST STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prlor flnanclal year Unrestricted Designated funds funds general 2024 Total 2024 2024 Notes Income and endowments from: Donations and legacie5 Other trading aclivilies Investments 279,632 310,514 11,328 279,632 310,514 11,328 Total Income 601,474 601,474 Ex endlture on: Raising funds 32.623 32,623 Offshore rescue 89,681 118,471 208,152 Total èxpondlture 122.304 118.471 240,775 Nel gainsl(losses) on inveslmenls 13 Net Incomlng resources before transfers 479.170 (118.471) 360,699 Gross transfers belween funds (217.569) 217,569 Net Income for the yearl Not movement In funds 261.601 99,098 360,699 Fund balances at 1 April 2023 771,804 2,687,229 3.459,033 Fund balances at 31 March 2024 1.033,405 2,786,327 3,819,732

SOUTHPORT OFFSHORE RESCUE TRUST BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets 15 2.536.591 2,536,327 Current assets stocks Debtors Cash at bank and in hand 16 17 886 21,842 1,674,256 886 19,961 1.264,524 1,696,984 1,285,371 Credltors: amounts falllng due wlthln one year 18 (13,743) (1,966) Net current assets 1,683,241 1,283,405 Total assets less current Ilabllltles 4,219.832 3,819,732 The funds of the Charltable Company Unreslricled funds - general Unreslricled funds - deslgnaled 20 19 1,433,241 2.786.591 1,033,405 2,786,327 4,219.832 3,819.732 The company is enlilled lo the exemption from the audit requiremenl contained In section 477 of the Companies Act 2006. for the year ended 31 March 2025. The directors acknowledge Iheir responsibilities for complying with the requiremenls of the Companies Act 2006 wilh respect to accounling iecords and the preparalion of financial statements. The mèmbers have nol required Ihe company to obtain an audit of ils financial statements for Ihe year In question in accordance with section 476. These financial slatemenls have been prepared in accordance wilh the provisions applicablo to companies subject lo the small companies regime. The financial statements were approved by the trustees on . Mr A J Porter Trustee Company regislralion number 08011925 (England and Wales)

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies Charlty Information Soulhport Offshore Rescue Trust is a private company limited by guarantee incoiporaled in England and Wales. The registered office is 7-9 Station Road. Heskelh Bank. Preston, Lancashire, PR4 6SN. 1.1 Basis of preparatlon The financial slalements have been prepared in accordance with the Charitable Company's governing document, the Companies Acl 2006, FRS 102 "The Financial Reporting Slandard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporling Slandard applicable in Ihe UK and Republic of Ireland {FRS 102)" The Charitable Company 15 Public Benefit Entity as defined by FRS 102. The Charitable Company has taken advantage of the provlsions in the SORP for charities not to prepare a slalement of cash flows. The financial slalemenls are prepared in sterling. which is the funclional currency of the Charitable Company. Monelary amounts in these financial stalemenls are rounded lo the nearest £. The financlal statements have been prepared under the hislorical cost ttinvenlion The principal accounling policies adopted are set out below. 1.2 Golng concern Al the lime of approving the financial slalements. the trustees have a reasonable expec181ion Ihal the Charitable Company has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees conlinue lo adopl the going concern basis of accounling in preparing Ihe financlal slalemenls. 1.3 Charitable funds Unreslficled funds are available for use al the discretion of the trustees in furthefance of Iheir Charilable objeclives. Reslricled funds are subject to specific conditions by donors or grantors as lo how they may be used. The purposes and uses of Ihe reslricled funds are sel out in the noles lo the financial statements. 1.4 Income Income is recognised when Ihe Charilable Company is legally enlilled lo il after any performance condilions have been met, the amounts can be measured reliably. and il is probable that income will be received. Cash donations are recognised on rer£ipi. Olher donations are recognised once Ihe Charitable Company has been notified of the donation, unless performance conditions require deferral of the 8mount. Income tax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised at the lime of Ihe donation. Legacies are recognised on receipt or 01heIse if Ihe Charitable Company has been nolified of an impendlng distribution, the amount is known, and receipt is expecled. If the amount is not known, the legacy is Ireated as a conlingent asset.

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continued) 1.5 Expendlture Expenditure is recognised once there is a legal or conslruclive obligation to transfer economic benefit lo a Ihird party, it is probable Ihal a transfer of eo)nomic benefils will be required in selllement. and the amount of the obligation can be measured reliably. Expendilure is classified by aclivity. The cosls of each aclivily are made up of Ihe total of direct costs and shared costs, including support costs involved in undertaking each aclivily. Direct costs atlributable lo a single activily are allocated directly to Ihat aclivity. Shared costs which conliibute to more than one activity and support costs which are not allribulable to a single aclivily are apportioned belween those activilies on a basis consistent with the use of resources. Central slaff costs are allocated on the basis of lime spent. and deprecialion Gharges are allocated on the portion of the assel's use. 1.6 Tanglble flxed assets Depreciation is recognised so as to write off the cost or valuation of assets less Iheir residual values over their useful lives on the following bases: Leasehold improvements Life boals Fixlures and fillings Boathouse contents Vehicles 2Yo 10% 10% 10% 10% The gain or loss arising on the disposal of an asset is delermined as th8 difference belween the sale proceeds and the carrying value of the asset. and is recognised in Ihe slalement of financial activities. 1,7 stocks stocks are valued at the lower of cost and net realisable value. after making due allowance for obsolete and slow moving items. Net realisable value is the estimated selling price less all estimated cosls of Completion and costs to bè incurred in marketing, sellin9 and dislribulion. 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks, olher short-term liquid Investments wilh original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in currenl liabilities. 1.9 Flnanclal Instruments The Charitable Company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '01her Financial Inslruments Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in Ihe Charitable CoMpanS baSance sheet when the Charilable Company becomes party lo Ihe contractual provisions of the inslrument. Financial assets and liabilities are offset, with the net amounts presented in the financial stalemenls, when there is a legally enforceable right lo set off the recognised amounts and there is an intention lo settle on a net basis or lo realise the asset and settle the liability simultaneously. 10-

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policles (Continued) Basic financlal assets Basic financial assets, which include debtors and cash and bank balances. are initially measured al transaction price including transaction costs and are subsequently carried at amortised cost using the effeclive interest method unless the arrangemenl conslilutes a financing Iransaclion, where the transaction is measured al the present value of Ihe future receipts discounted at a market rale of interest. Financial assels classified as receivable within one year are not amortised. Baslc flnanclal Ilabillties Basic financial liabililies, including creditors and bank loans are inilially recognised al transaction price unless the arrangement conslilutes a financing Iransaclion. where the debt inslfument is measured at the presenl value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable wilhln one year are nol amortised. Debt instruments are subsequently carried al amortised cost, uslng the effeclive interest rate method. Trade creditors are obligalions to pay for goods or services that have been acquired in the ordinary course of operalions from suppliers. Amounls payable are classified as currenl liabilities if payment is due wilhin one year or less. If nol, they are presented as non-currenl liabilities. Trade creditors are recognised initially al Iransaclion price and subsequenlly measured at amortised cost using the effective interest method. D&r8cognltlon of flnanclal liabllitles Financial liabililies are derecognised when the Charitable Company's conlraclual oblig81ions expire or are discharged or cancelled. Crltlcal a¢countlng estlmates and Judgements In the applicalion of Ihe Charitable Company's accounling policies. the Iruslees are required lo make ludgements, eslimales and assumptions aboul the carrying amount of assets and liabililies that are not readily apparent from other sources. The eslimales and associated assumplions are based on historical experience and other factors that are considered lo be relevanl. Adual results may differ from these eslimales. The eslimales and underlying assumplions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the eslimale is revised where the revision affects only that period, or In Ihe period of the revision and future periods where Ihe revision affecls both current and future periods. Donatlons and legacles Unrestrlcted Unrestricted fund$ funds general general 2025 2024 Donations and gifts Legacies receivable 130,695 190,057 41,513 238,119 320,752 279.632 11

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from other tradlng activities Unrestricted Unrestrlcted funds funds 2025 2024 Shop income Sponsorships and social lotteries 295,149 59,415 248,108 62,406 Other trading activities 354,564 310,514 Income from Investments Unrestrlcted Unrestricted funds fund8 2025 2024 Income from unlisled inveslmenls Interest receivable 36 11,292 25,415 25,424 11,328 other Income Unrestrlcted Unrestricted funds funds 2025 2024 Nel gain on disposal of langible fixed assets 13.500 Expendlture on raising funds Unrestricted Unrestrlcted funds funds 2025 2024 Trading costs Operaling charity shops 42,501 32,623 12-

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charitable actlvlties Offshore rescue Offshore rescue 2024 2025 Direct costs Depreciation and impairment Rates and water Insurance Light and heat Telephone and pagers Postage and slalionery Sundry Repairs and equipment Fuel Training 130.095 2,914 22.877 5,859 6,144 294 5,809 67,358 2,064 22,071 118,471 6,179 19,602 5,032 5,239 696 4,693 32,085 1.454 5,405 265,485 198,856 Share of support and governance Costs (see note 9) Governance 6.126 9,296 271,611 208,152 Analysls by fund Unreslricled funds - general Unrestricled funds - designated 141,516 130.095 89.681 118,471 271,611 208,152 Support costs Support Governance costs costs 2025Support costs Governance cosls 2024 Accountancy fees Legal and professional 1,260 4.866 1,260 4,866 1,260 8.036 1,260 8,036 6.126 6.126 9,296 9.296 Analysed between Charilable aclivilies 6.126 6.126 9,296 9,296 13-

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Net movement in funds 2025 2024 The net movement in funds is slated aftor chargingl(crediting)'. Fees payable for the independent examination of Ihe charItS financial statements Depreciation of owned tangible fixed assels Profit on disposal of langible fixed assels 1,260 130,095 (13,500) 1,260 118,471 11 Trustees None of the Irustees (or any persons connected wilh them) received any remuneralion or benefils from the Charitable Company during Ihe year. There were no employees whose annual remuneralion was more than £60.000. 13 Galns and 1088e8 on Investments Unre8trl¢ted Unrestricted funds funds 2025 2024 Gainsl(losses) arising on.. Sale of inveslments (28) 14 Taxatlon The charity is exempt from laxalion on ils aclivilies because all its income is applied for charilable purposes. 14-

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Tangible flxed assets Le•$ohold Improvomonts Llfe boats Flxeures and flttlngs Boathtsus& contontB Vehlcles Total Cost At 1 April 2024 Addilions 2,214,686 477,611 73.489 16.566 4.000 85.392 33.370 388,770 3,183,025 19.500 130.359 At 31 March 2025 2.214,686 551.100 20,566 118,762 408,270 3.313.384 Depreciation and Impairment Al 1 April 2024 Depreciation charged in Ihe year 44,000 280.266 13.622 64.522 244,288 646,698 44,000 40.778 1.057 6,488 37.772 130.095 At 31 March 2025 88,000 321.044 14,679 71,010 282,060 776,793 Carrylng amount Al 31 March 2025 2,126.686 230,056 5.887 47.752 126,210 2,536,591 At 31 March 2024 2,170,686 197.345 2.944 20.870 144,482 2,536,327 16 Stocks 2025 2024 Raw materials and consumables 886 886 17 Debtors 2025 2024 Amounts falllng duo wlthln one year: Olher debtOTS 21,842 19,961 18 Credltors: amounts falllng due wlthln one year 2025 2024 Trade creditors Accruals and deferred income 12,483 1,260 456 1,510 13,743 1,966 15-

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Unrestricted funds- designated These are unrestricted funds which are material lo Ihe Charitable Company's aclivities. At 1 Aprll 2024 Resources oxpended Transfers At 31 March 2025 Design8led - existing fixed assels Designated - equipment 2,536,327 250,000 (130,095) 130.359 2,536,591 250,000 2.786,327 (130,095) 130,359 2,786,591 Prèvlous year: At 1 Aprll 2023 Resources expended Transfer8 At 31 March 2024 Deslgnaled - existing fixed assets Dè51gnaled - equipment 2,437,229 250,000 (118.471) 217,569 2,536,327 250,000 2.687,229 (118,471) 217.569 2,786,327 20 Unrestrlctèd funds The unrestricted funds of the charily comprise Ihe unexpended balances of donations and grants which are not subject lo specific condilions by donors and grantors as to how Ihey may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incomlng resource8 Resource8 expended Transfers Galns and At 31 March losses 2025 General funds 1.033,405 714.240 (184,017) (130,359) (281 1,433.241 Prèvlous year: At 1 Aprll 2023 Incomlng resources Resources expended Transfers Galns and At 31 March 105ses 2024 Unrestricted 771,804 601.474 {122.304) (217,569) 1,033,405 771.804 601.474 (122.304) {217,569) 1,033,405 16-

SOUTHPORT OFFSHORE RESCUE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Unrestricted funds {Continued) Transfers between funds and fund balances The transfer from the general fund recognises the movemenl in designated balances noted below. The fixed assels designated fund represents monles already spent on fixed assels and equipment which are shown on the balance sheet but don'l reflect liquid resources. The equipmenl replacement designaled fund represenls the necessity to upgrade and replace equipment and vehicles to keep up with required standards and codes of conduct 21 Analysis of net as8èt8 between funds Unrestrlcted Unre8trlcted funds funds general deslgnated 2025 2025 Total 2025 At 31 March 2025: Tangible assets Current assetsl{liabililies) 2,536,591 250,000 2,536,591 1,683,241 1.433,241 1.433,241 2,786,591 4,219,832 Unrestricted Unrestrlctèd funds funds general deslgnated 2024 2024 Total 2024 At 31 March 2024: Tangible assels Current asselsl(liabililies) 2,536.327 250,000 2.536,327 1,283.405 1.033.405 1,033.405 2,786,327 3,819,732 22 Related party transactions There were no disclosable related party transaclions during the year (2024- none). 17-

SOUTHPORT OFFSHORE RESCUE TRUST CONTENTS Page Trustees reporl Independent examinerfs report Slalement of financial activities Balance sheet Notes to the financial slatemenls 9-17