CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl mombers of Charity Name Leicestershire Search & Rescue On ac¢ounts for the year ended 31 January 2025 Charity no (if any) 1150100 Set out on pages I report to Ihe trustees on my examination of the accounts of the above charity {Ihe Trusf) for the year ended 3110112025. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of Ihe 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(5Xb) 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 examinerfs ststement I have no concems and have'come across no other matters in conneclton 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 brackets if they do not apply. Signed: Date: Name: Philip Anthony Glyn-smith Relevant professional qualification(s) or body (if any): FCA Address: HSP Tax & Accounts Ltd Whiteacres, Cambridge Road Whetstone, Leicestershire, LE8 6ZG IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concem {see CC32, Independent examination of charlty accounts: directions and guldance for examiners). Give here brief detalls of any Items that the examiner wlshes to disclose. IER October 2018
TheQwth,SATa tryVoluhitsryS•n* Leicestershire Search and Rescue Treasurerfs Report th AGM Tuesday 14 Oct 2025 Introductlon st This report is for the financial year from l February 2024- January 31 2025 and Is in conjunction with the Income and Expenditure statement which you all have a copy These accounts were produced by Phil Glyn-smith, FCA | Director of HSP Tax & Accounts Ltd 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 We had an extremely good year of fundraising and donations, with our first ever full team fundraising event generating over £7000 alone. The sponsored event undertaken by a team member, a successful supermarket collection as well as the clothes bank and a presence at several emergency service days, generated the £10,000 income you see on the statement, and meant we achieved our budgeted figure. The budget for donatlons was set high at £13,500 based on the previous year and happily we achieved 84% of this figure, with amazing support from local organisations, businesses, both family and employers of several team members and the ongoing generosity of the general public. The 3 large events that have become regular annual events for us. along with several smaller events have stabilised our income and enabled more accurate budgeting, and we achieved 86% ofthe budgeted £10,650. Grant applications still proved difficult this year, with the focus on so many of them still being cost of living, fuel poverty etc. We did however secure three grants during the year, two for additional FREC qualifications for team members and one to help with the cost of uniforms for the new intake. Our VAT refund is always a direct result on expenditure and following last yearfs heavy investment in equipment, expenditure this year was purposely kept significantly lower, hence the lower VAT reclaim figure.
As reported last year we now have Miscellaneous receipts/social as an income category where team payments for the Xmas meal are allocated. Refunds and account transfers have also been Included here for ease of accounting. enses As previously mentioned, expenditure for this year was deliberately kept to a minimum, concentrating on upgrading our day-to-day medical equipment such as defibrillators and the medic bags. Likewise expenditure on ICT was limited to the annual renewing of IT systems, and with the water team the addition of some safely equipment ie; good scene lighting. As in previous years, expenses such as insurances, fuel, stationery, mobile data and vehicle running costs remain fairly static and can be fairly be accurately budgeted for. This was the case again this year, with the exception of the expenditure on unrforms. The figure shown on the statement only refers to CFR uniforms and Keela promotions, as the invoice for uniforms for the 2024 cohort was paid later in February and therefore in the current financial year. Training expenditure was much lower than anticipated, coming in at less than 50% of the budgeted figure, as fewer members completing the FREC3 course than planned as we were not awarded the full grants applied for. Navigation training for team leaders and the Planners and Ops cadre was put on hold, as was drone pilot training for 2 additional members. The new entry for Team welfare also includes social events, namely the Xmas meal for which members reimburse us. This appears in miscellaneous receipts as mentioned earlier, where happily the two entries almost cancel each other out. For ease of accounting Sundry expenses also includes a small figure for General Maintenance. Summar To summarise: our Income and Expenditure statement makes for pleasant reading. Limiting expenditure on equipment following the heavy investment last year. coupled with the success of our first ever team fundraising event and the increased income frorn donations and event cover, has led to a very healthy year financially for the team. As you can see in the statement, resulting in a surplus of income over expenditure in excess of £6,500. As the statement shows,. this has increased our surplus carried forward from £26,207 in Feb 2024 to £32,867 in Feb 2025, so a really good strong start for the team for this current year. 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.
From Date 01-Feb-24 To Date 31-Jan-25 LEICESTERSHIRE SEARCH & RESCUE. Income & Expenditure Ststement (All values reported in GBP Sterllng) Turnover Balan bought forward from previous year. £26,207.45 Fundraising, donations & membership subs Grants Event cover VAT refund Uniforrn sales Equipment sales Miscellaneous receipts £23,902.50 £4,410.00 £9,170.32 £3,003.94 £996.88 £1.511.46 Total Income for year £42.995.10 Less Expenses Equipment Fundraising event expenses Professional feeslsubscriptlons Stationery l Office Vehicle Maintenance & Tax Insurances Uniforms Fuel Training MobileslData Team Welfare Sundry expenses £7,405.69 £583.40 £745.72 £4,489.36 £9,726.73 £1,905.51 £2.026.64 £6,497.90 £1,418.57 £1,257.95 £277.94 Total Expenses for year £36,335.41 Surplus of income over expenses £6,659.69 Surplus brought forward £26,207.45 Surplus carried forward £32,867.14