CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examinerfs Report
Report to the trusteesl
members of
Leicestershire Search & Rescue
On accounts for the year
ended
31 January 2024
Charity no
(if anyl
1150100
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity {"the Trust.) for the year ended 3110112024.
Responslbllltles and As the Charty trustees of the Trust, you are responsible for the preparation
basis of report of the accounts in accordance with the requirements of the Charities Act
2011 ("the Act.).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention (other than that disclosed below ') in connection with
the examination which gives me cause to believe that in, any material
respect:
accounting records were not kept in accordance with section 130 of
the Act or
the accounts do not accord with the accounting records
Independent
examiner's statement
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
. Please delete the words in the braGkets if they do not apply.
Signed:
P.A.
Date:
(I
Name:
Philip Anthony Glyn-smith
Relevant professional
quallfication(s) or body
{if any):
FCA
Address:
HSP Tax & Accounts Lld
Vvhiteacres, Cambridge Road
*Vhetstone, Leicestershire, LE8 6ZG
IER
October 2018

Section B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32,
Independent examination of charity accounts: directions and guidance for
examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018

Thq Quwn'5 Aw•rd
IoTVoluntsryS•r¥ic•
Leicestershire Search and Rescue Treasurerfs Report
th
AGM Tuesday 19 Nov 2024
Introduction
This report is for the financial year from 1st February 2023- January 31st
2024 and is in conjunction with the Income and Expenditure statement
which you all have a copy of.
These accounts were produced by Phil Glyn - Smith FCA | Director, who
will be signing them off and submitting them to the Charities Commission.
In addition, there has been the usual internal audit carried out of our
financial transactions by Russell Frost, and everything was found to be
satisfactory. We are very grateful to Russell for continuing to provide this
additional check.
Income
This report has to begin by mentioning the incredibly generous donation
we received 6 days into the start of this financial year of £25,000. This was
a donation from a private individual who did not want any publicity.
Our budgets are set at the end of the previous financial year and total
income was projected to be just over £46,000, but as you can see from the
statement our actual income was nearly £71,000.
Putting aside the £25,000, this was a good year for donations. We received
further sizeable donations from the Freemasons, a relation of a team
member and another private individual who donated towards the cost of a
new drone.
Our income was also significantly boosted by securing event cover at two
new large events, generating additional unbudgeted income of £4,500.
In addition, income from Grants came in very close to the budgeted figure.
The £9000 received in grants from 2 sources were both for the Water
team, which enabled all the required equipment to be purchased for the
newly qualified Swift water team.

This expenditure, along with our new drone and some more investment in
ICT equipment meant a larger than expected VAT refund from HMRC.
Unfortunately Fundraising still struggles, only generating £4,300 of income,
less than 50Yo of the budgeted figure.
Refunds, Account transfers and team payments for our Xmas meal have all
been allocated to Miscellaneous receipts for ease of accounting.
NB. For the current financial year we have added Miscellaneous
receipts/social as an Income category and Team welfare/social as an
Expense category for more accurate accounting.
enses
The expenditure for this year reflects the increase in our income due to the
large donation.
As mentioned above the expenditure on swift water equipment was totally
funded by the two grants.
The other big expense was the purchase of a new drone which was
included in the budget.
In addition, we improved our medical equipment specifically for providing
first aid at events, significantly upgraded our MX Sarman software and
invested in additional ICT equipment.
The figure shown against vehicle maintenance and tax is again as a direct
result of the large donation, as it enabled us to buy an additional 4x4
vehicle with a much-improved spec to our existing vehicle. The donor is
aware of this purchase, he has seen photos and is very gratified at being
kept informed. An acknowledgement of their donation will be added to the
livery.
If we discount the purchase price of this vehicle, happily we spent very
little on vehicle maintenance over the year, in fact only slightly over 50Yo of
the budgeted figure for this category.
#Other expenses such as insurances, uniform purchases and fuel remain
fairly static costs which can be accurately budgeted for. This was the case
again this year, with the exception of insurance which was higher than the
budgeted figure due to quite a significant increase in the value of our
assets.

It was anticipated that we would be awarded grant funding to send a
number of members on the FRE3 course throughout the year but
unfortunately, we were not successful. As a result, even though we did
finance a portion of this training cost ourselves the expenditure on training
was significantly below the budgeted figure.
NB we were successful with some grant funding for this in 2024.
Sundry expenses are largely made up of costs relating to team welfare,
social events (for which members reimburse us) and general maintenance.
As I said previously these have been added as categories for this current
year for more transparent accounting.
Summar
To summarise. our Income and Expenditure statement is a total contrast to
last yearfs very sobering report. To be in a financial position to make the
investments needed to further develop the team's skills is very gratifying.
With a fully trained, fully equipped swift water team, and a drone that is of
the same calibre as the Police drone, our capabilities make us one of the
strongest SAR teams in the country.
In addition, the investment in medical training and equipment is already
paying dividends. The addition of 2 new lucrative events that we covered
this year and are now expanding year on year, along with the Ashby 20
would not have been possible without the additional investment.
All in all, a very good year for the team.
As usual, an independent examiners report will be submitted to the
Charity Commission, along with our accounts and this report.
We are very grateful to Phil Glyn-smith for continuing to provide this
service free of charge each year.

The Queen's Award
for Volunt•ry Se*¥i¢e
From Date 01-Feb-23
To Date
31-Jan-24
LEICESTERSHIRE SEARCH & RESCUE.
Income & Expenditure Statement
IAII values reported In GBP Sterling)
Turnover
Balance bought forward from previous year:
£23,223.63
Fundraising, donations & membership subs
Grants
Event cover
VAT refund
Uniform sales
Equipment sales
Miscellaneous receipts
£43,918.08
£9.014.00
£9,759.00
£6,320.79
£474.93
£1,371.43
Totsl Income for year
£70,858.23
Less Expenses
Equipment
Fundraising event expenses
Professional feeslsubscriptions
Stationery l Office
Vehicle Maintenance & Tax
Insurances
Unrforms
Fuel
Training
mobiles￿ata
Sundry expenses
£26,371,62
£254.98
£884.00
£381.40
£16,346.05
£8,810.40
£6,292.85
£1,754.42
£4,086.98
£960.50
£1.731.21
Totsl Expenses for year
£67.874.41
Surplus of income over expenses
£2,983.82
Surplus brought forward
£23,223.63
Surplus carried fO￿ard
£26,207.45