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

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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