BUXTON MOUNTAIN RESCUE TEAM FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Re9isletgd Charity No. 1153507
BUXTON MOUNTAIN RESCUE TEAM INDEX PA MBER CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINEA5 REPORT srATEMENTOF FINANCIALACTWMES BALANCE SHEET 5TATEMENTOF C15H FLOW5 10-17 NOTE5TOTHE ACCOUNTS
BUXTON MoiwfAIN RESCUE TEAM Report of the trn$t¢¢s for the year ended 31°Dttember 2023 The trnste¢s ptl their annual report and fEnaneial ststem¢nts of the charity for the year ended 31" December 2023. The fioan¢ial statements have been prepared in accordanc¢ with the accounting rM)lieies sd out in Dole I to the accounts and wmply with the charity's ttvst deed. the Charities Aci 2011 and A¢¢ouDting and Reportin8 by Charities= Statement of RecomttJ¢rtded Practice applicable io charities preparing their a¢¢ounts in accordance with th¢ Financia] Reportitl8 Standard Appli¢able in the UK and R¢publi¢ of Ireland published (FRS 1021 (¢ffe¢ttve l January 20191. Objtttivu 8Dd Aeliviti¢8 Aims The strat¢8ic aim of Buxion Mountain RVe is. Saving lives in wild and r¢mote pla¢es". via the provision of a voluntecr-ba5ed seah and rescue service in the UK, working alongside the Police and oiher ¢m¢rgen¢y services. The trLtstees confinn that they have referred to the Charity Commission's guidance on publi benefit when reviewing the Charity'5 aim5 and objectives, in planning future activities, and setting the policies for the ye. A review of achkvtmettts and perfonnance." How ¢tivitie5 delivered publi¢ b¢D¢IIt Buxion Mountsin Rescue Team maintsined an emergtncy srth rescue service available to 811 members of the public 24 hour5 a day foreach ofthe 365 days of 2023. During that period th¢ T¢am r¢spond¢d 10 105 Call OLrt Teque5t5 throughout its designated area and 501netimes beyond. The team led the provision of emergency fjrst atd on 26 of ¢hes¢ ¢all outs. It operated across a wide variety of remot¢ t¢rr&ins in¢luding water. crag and m(M)r, sn all s¢asons and a]1 weathers and at all times of the day and night. To deliv<r thi5 Krvice. the team maintained an a¢tiv¢ hill going rn¢tnb¢rship of 62 with a funher 20 team meEnbers providing 5UPPOrt services. An additional 7 prosp¢¢tiye membErs ar¢ undergoing traithing to ultiTnat¢ly joirh their rank5. Of the 62 qualified, hill going memb¢T4 41 accr¢dit¢d as MREW Remote Rescue Medical Technician5. 56 Full kam trainin8 ev¢nts were undertaken during th¢ y¢ar io ensure operational effectiveThes5 as well as num¢rou$ oth¢r 5peciaJist training events undettskert by specialist groups within the team e.8. water. ¢rag. As of its operional capability the team has maintained a 11 drone-based search team and also supports a search dog & handler.. these &ssets have at times been deployed outside the Team. nonnal 0ratIng ar¢4 in 5UPPgrt of national search and rescue efforts. It is also noteworthy that b¢¢ause of training receiv¢d, sev¢ral ieam mernber5 have been able to a551St with accidents and medical ¢m¢rgen¢i¢s in their day to day lives. In addiiion to our operational ¢ommirments, the team also engaged with th¢ local community ina wide variery of other activities. Th¢ included providing educational thjks and demonstraiions alon8 Wlth guided tours of our b&ses to Cubs, Scouts and S¢hool Groups U3A, Wt, Rotary Club and a number of Rambling and Outdoors Clubs. The Team also attended a wide variety of ¢ommunity ev¢rtts, intludirtg s¢veral Fairs and Fet¢s. Th¢ Team provid assistsnc¢ wi¢h
B13Th)N MOUNTAIN RESCUE TEAM marshalling and communications in support of o number of larger scale lo¢a] community and sportirtg events irt¢ludin8 {amon8St others) Chatsworth County Fair, the Buxion Half Marathon and the Goyt Valley Cha]len8e fell race. Th¢ Team a]sts supported several other organtsations with their events artd fundraising, including the Dove Holes Community Bonfi. and the Buxton Carnival. Fin*Dcial revieTV Total income increased slightly to £81275 during 2023 (£77.890 in 2022) Jncome from Donations and Legacies decreased in 2023 to £50.038 (£59.444 20221 butthis w&5 more than offset by an in¢rease in in¢ome from Tradittg Activitie5, up at £22.402 in 2023 {£14,231 in 20221 Cash balances inCrW slightly, up to £336,788 in 2023 {£299.377 in 2022) This was primarily u¢ to below budgeted expendiruir levels and delay5 to the asset replacement pro8ramme,' expenditure was £69,272 in 2023 versus £80.370 in 2022. A5 8 result, the charity posted a small nett iThCTease in fvnds during 2023. InvestM¢t powers and poll¢y The trustees, havin8 regard ro the liquidity reqU1ments of opernting the charity. have kept available ndS in deposit accounts. Tha¢ said. Irust¢¢s discussed on 5¢veral o¢¢a5ions the impact of Inflation and Investment Risks on the real value of ihe Team's fvnds. In 2023 we regularly discussed the fact that the rate of inflation notably ex¢eed¢d the rates of interest paid on the Team'5 fund5 and it wa5 noted that, as a r¢$ult, the buying pow¢r of th¢ Team's funds was dreaSing steadily. Trustees also ctsn5idered other inv¢stmentoption$. and the ne forprofcs5ional advirx ifthese were io be wnsider¢d in more detail. However. given planned fuiure expenditure, and the liquidiiy r¢qllirem¢nts to m¢et thes¢, and mindful of the volatility of investment market4 the Trust¢¢s ele¢ied to retain rtd5 in Cash depx)5its 10 try and avoid addiiional investrnent risk5 in the shorter t¢rm. R¢¢5 polley goltsg cotte¢rD The balance held in unrestTiCted rescrves at 31st December 2023 was £387.102 of which £354.745 are fre¢ reserves after allowing for fund5 ti¢d up in fixed assets. The Charity's main souree of income is donations. fundraising and grants. The Thstees consider that it is appropriate io prepaT¢ the accounts on a going concern basis and, consequently. the a¢couniS do not include any adjustsllents that would be n¢c¢ssary if th¢5¢ Sources of income should Cease. The trustees aim to ¢stabli5h and maintsin free re5eTV¢S in unre5trictd fU[S at a level which ¢quate5 to approximat¢ly 3 month5 of unrestricted charitable expenditUTe, plus additional fiJnd5 for planned eapital expenditure projects in the Shorter terni. The trustees wnsider that thi5 l¢vel will provid¢ suffici¢nt funds to respond to applicatitsn5 for 8fdnts and ajsurc that 5UPPOrt and governance costs arc COV¢Ted. The trust¢r5 cvn5idrr thai th charity is a going concern. Any reliance on 8rant funding is rnAag through a fl¢xible pproach to activities and project delivery.
BuxfoN MoupffAIN RESCUE TEAM Rtsk mabagemellt The trust have always reviewed Operational Risk5 in detail. They have also started to look at the various risks fa¢ing the ¢eam5 existing funds in mor¢ detail. As noted earlier ihe main p¢r¢ekv¢d risks to capitsl during th¢ current period are Inflation Risk. and Investment Risks. To attempt to eollnter these tisks thetrustees hav¢ taken steps to ensure 811 funds on de$it 8rc fully covered bythe Financial Services Compensaiion Scheme (FSCSI. and have moved fvtKIs to new account4 wher¢ practical. to obtain higher Ydtes of Ènterest on ream deposits. Pl#n$ for Future Periods The t¢atn is currently prtparing for the refvrbtshment of its much loved and highly capable Rover tkf¢nder. Our4WD iransit van also needs io be rcplaced and a vehicle has been 50ur¢ed from MAN reaoy io be ouirtued with this in mind. Our Tollin8. strategic 10-yeaT plan will k r¢viewed in th¢ li8hi of th ¢urrwt, ¢apits]- intensive projects. S¢ryeturey goYern8n¢¢ Énd m4Dsg¢m¢nt Buxton Mountain R¢sw¢ Team is a Charitabl¢ Incotporated (kgaoisation govemed by lis nd consttwtion dated 22 August 2013 and registratioth as a Charitable In¢oOrated otgortl1tsn number 1153507 with the Charity Commission on 22 August 2013. Appolntmettt of tni$tees TTusiee5 are generally el¢¢t¢d to iheir posis following a vote of eligible t¢am Jnemb¢rs at a properly Convened Annual G¢neTal Meeiing IAGM), or at an Extraordinary G¢n¢ral Meeting (EGM). Trx$tee induction and tr¥4inillg Fullowing th¢ appvtntsnent uf Trustees in March 2023. all trusiees were provided with a basic overview of th¢ responsibilities and duti¢s of trustees and signposted to additional resour¢es and publi¢atitsns via the Chorty Commissio14 and other truste¢ organisations. Refer¢nc and dmlnlstrative IDforn)atloD Charitabl¢ Incorporated Organisation Nam¢: Buxton Mountain Rescue Team. Charitable Incorporated Organisation Number.. 1153507. Date R¢8iStcred'. 22 August 2013 Trustee5 Neil Watethous¢ (resigned May 20241 Constance Royle (resigntyl May 2Q24) Mithael Clarke Andrew Humberstone David Bowen John Pri¢¢ Dav¢ Goodman (resigned May 2024) K¢ith Birkitt (Tesi8ned May 2024) Rick Mobbs (aPFK)int¢d July 2023)
BUXTON MOUNTAU¥ RESCUE TEAM Neil Camithers Jane Poulter (resigned June 2023) Thomas Parker (appointed May 2024} PrIDe11 Offiee 8A Hallsteads Dove Holes Buxttsn Derbyshire SK178BJ Independent Examiners Comrnunity A¢¢tsuntan¢y Servic¢ Limited llje fjrangr Pilgrim Drive Beswick Manchester MII 3TQ BaDk¢rs Hampshtre Trusi Bank 55 Bishopsgate London EC2N 3AS Royal Bank of Swtland 36 StAndrew Square Edinburgh EH2 2YB Redw(XKI Bank The Nexus Building Broadway Letehworth Garden City Hertfordshire SG6 3TA MonmtsuthshiTe Building So¢i¢ty Monmouthshire House John Frost Square N¢wport South Wale5 NW20 IPX
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Ir4DEPENDETrrr EXAMINERS REPORT TO THE TRUSTEES OF BuxfoN MOUNTAIN RESCUE TEAM REGISTERED CHARrrY NO. 1153507 I report on the account5 of the charity. for th¢year ended 31 December 2023 which set out onpages7w 17. R¢spe¢tiv¢ R¢sponsibilitie8 ofTruste¢5 ExwlJber The charity's trustees are restK>nsible for the preparation of the account5. The charity trust¢¢$ consider thatan audit is notrequtred for thi$yearunder5ection 14412) ofthe Charities Act2011 (the 2011 Act) and thatan independentexamination is needed. Th¢¢harity is preparing aecwed a¢counts and I atn qualified to undertake the examination by being a qualified member of the Asso¢iarton of Chartered CertIfd AccountaEIts. It is my r¢&ponsibility to.. Examin¢ th¢ a¢¢ounts under se¢tion 145 tsf th¢ 2011 Act. follow the procedures laid down in the general Directions 8iven by the Charity Commission under section 14515)(b) of the 2011 Act,. and To state wheth¢r patticular matters have come to my attention. B¥$is ofindtpendeDt ExamiD¢rs Rert My ¢xamination w&s¢arried out in a¢cordan¢ewith theGenerai Dir¢cttonsgiven byth¢Charity Comrni$sion. An exarnination includes ar¢vsew ofth¢xcountingre¢ordskept bythe¢h8Jityand a cornpaTiSon ofthe Cu¢S pres¢nted with thtss¢ records. It also includes consideration ofany unusual item5 or dis¢ltssur¢s in the a¢¢ounis and seeking explanations from you Is trnstees concerning any su¢h matters. The pro¢r¢S und¢rtaken do tsot provide all the evid¢nce that would be required in an audit, and ¢ons¢quently no opinion is given as to whether the accounts present a'lN¢ and fair view" and th¢ report is limit¢d tt) th05e matters set out below. llld¢pendeDt Ex*min¢r's Siatcmcnt In connection with my eXami]tion, no matter has come to my attention.. {11 which gives me reasonable cause to believe that in any material respect the requirements: to keep 8CCOUnting re¢ord5 have in accordance with Section 130 of the 2011 Act,. ond to prepare attounts which a¢cord with the accounting record5 and to comply with the accounting requirements of the 2011 ACL haye not been mtt: OT {2}towhich, in myopinion, attention should bedrawti in orderto enable aprorKrunder5t8nding of the accounts to be reached. AM King FCCA Date.. 14 Augusi 2024 Community Accountancy Service Ltd The Grange, Pilgrim Drive, B¢swicK Manchester. 13TQ
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BUXION MOUNT*JN REXI%TE4 X7 OonitloD5for'. Ilethcal Washerloryer PrOJÈttor Found11nDe¢VS1g forts pur&w¥eQliw45rItr fvJnd• TO 1¢2$ 32.#7 238.013 14.722 32.351 33e,TeO 1q.722 CathÉlbartk4ndinfraf 785 Totsl 271.102 765 387.MT Pr•vlouBr•purUny fvndi fvrt4 fvnds Tots12012 56,055 Cathatbankand InThd e.$63 ,377 2D.432 20.432 376.t64 l•. FlnllKla1 In4lrumwl•