Charity number- 1161672 COCKERMOUTH MOUNTAIN RESCUE TEAM UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
COCKERMOUTH MOUNTAIN RESCUE TEAPI CONTENTS Page Rofvrence and administratlve details of thè CIO. its Trustees and advisors Trust88s' rèport Independent éxaminerfs report Statement of financial activities Income and expenditure a¢¢ount Balanc8 sh¢el 10 Notes to the finan¢lal statefflents
COCKERMOUTH MOUNTAIN RESCUE TEAM REFERENCE AND ADMINISTRATIVE DETAILS OF THE CIO, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees Mr M Pickavance. Chaimian MT AC McNeil. Trustee Mr HG Lews, TnJstee Mr J Haslam. Trustee Charfty registered nuMr 1161672 Principal office PO box 73 CA13 3AE Page 1
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees pre$ent their annual report together the finanoal ststements of the Cockermouth Mountain Rescue Team CIO for the year 1 January 2024 10 31 December 2024. Objectiv•s and activities a. Policies and oblKtlwes The objectives of the team are.. l. to rescue persons or animals in trouble through ac¢i(Jent or natural hazard. in the area of the valleys of Buttefmere and Ennerdale and Districl arKI to coperate other organisations in order to further these objectives for the benefft of the public. 2. to lurther the above (but no further or othewsel. to maintian a fulty equipped Team r2pable of going out in any weather at any time. In setting obje¢tives and annIng ftw acmies. the Trustees have gNen due Consideration to general guidance published by the Charty Commission rdating to public benefit, induding the guidance 'Public benefit.. running a charity IPB2)'. Page 2
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Objectives and actlviti•s Icontinued) b. Main a¢tivities undertaken to further the CIO'S purposes f(Y the public benefft Last year the team vRre called QLrt to a total of 82 inciderts. Whilst thi5 was a reiluction from last year's record breaking 94 caSlout5, its still higher than most pvIouS years and rellects the increase in Mountsin Rescue Callouts that is being experienced by teams across England and Wales. Approximatety one third of these callouts were for people vtho had sustained injuries whilst out Walking in the fells. In many Cases these were Isolated lower limb injuries that the team were able to treat al the s¢ene prior to evacuatsng from the hill and handing over to North West Amtxjlance Service crews waiting in tl)e valley. In situations where the casualty was more seriously injured. support was often Provided by the HM Coastguard Helicopter and Air Ambulance crews. On behalf of the whole team. I would like to thank the individuals that work in these organisations for their ongoing SUPPOrt. Maintsining the dose Working relab"onship that we have is vital and ensures that OUT most seriously injured casuaAie5 get to definihve care as quickly as possible. Searches made up another 19 of last yearfs callouts. Amost hall of these involved working dosely wth other Lake District Mountain Rescue Teams, Search Dogs and Drone Teams. Effective searching 15 time consuming and labour intensive. What starts out as a message from Cumbria Police requesting that we investigate a report of an overdue fell runner can escalate into a multi-day search over hundreds of square kilornets requiring support from dozens of team mernbers from Mountain Rescue Teams across the Lake District and beyond. Medical emergencies like heart attacks. serzures. exhaustion. and hypolheTmia a¢¢ounted for 7 of last yearfs callouts. In March this year team members wll be sttbng exams, and performing in trauma and medical scenarios, the ulbmate aim of passing and qualty'ng as Mountain Re5¢ue- Remote Medical Technicians. The whole team tskes this very seriously and an enomious amount of work goes into training and preparing for these exams. On behalf of us all, I'd like to give special thanks lo the team doctors, medical professionals, and first aid gurus who have prowded us all ¥th Svth fantastic training in the run up to these exams. Walkers or dimbers who get themselves into areas of Steep ground and then become stuck, unable to climb any further, and unable to retrace their steps, are referred to in mountain rescue as 'cr3gfast'. Heading off into the hills without a torch and then being unable to find your way down safely is referred to as 'benighted'. L35t year the team were called OLrt 11 times to rescue irtdiwduals and groups had become cragfast. benighted or bothl Wild-camping involves heading into remote areas V*ith light%ight Camping equipment to enjoy the solitude and majesty of the great outdoors. Sadly. 39 3 result of bad weather. bad planning (forgetting lo pack the tent poles), or inexperience, the team were i>lleil out 4 times last year to locate wld-carnper5 and assist them off the hill before they succumbed to exposure. In addition lo the rescues invdving lost, injure¢l and unwell walkers the team also attended 4 callouts involving paragliders, 2 callouts for injured mountain bikers. 3 callouts for animals stuck on crag5 and 4. well intended, false alarms. Very sadly, on 5 occasions last year. the team were called out to rescues that ultimately sUlted in the casualty losing their lrfe. Although rt5 not uncommon for the team to have lo deal vth deaths, I can only remember one other year in recent history Vth a similarfy high number of fatalilies. Callout5 involv¢ng fatalities are parti¢ulady challenging for all those involved, and vthilst l am aws very proud of the way that our team membe¥s perfomi on callovts, l am particular proud of the sensttive and professional bway that the team conduct5 itself in these most tragi¢ sf(uations. Achievernents and perforniance Page 3
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEIIBER 2024 Achievements and perfornianc• l¢ontinuedl a. Main achièvements of the CIO Cockermoulh Mountain Rescue Team responded to 82 callouts in the year. Athough thi5 represents a de¢rease from the previous year, it remains higher than the average. As 5tsted above, the CIO Continues to work closely th other organisats'ons on callout5. This is thanks to our third party training, 1¢h enhance5 the capabilities of our volunteers. Financial v•view . Golng concern After making appropriate enquiries. the Trustees have a reasonable expectation that the CIO has adequate resources to continue in operats.onal existence foi the foreseeable future. For thi5 reason, they conkn'nue lo adopt the going concern basis in preparing the financial 5tsternents. Further details regarding the adopts'on of the going con¢em basis can be fovnd in the accounting poliues. b. Reservos policy Cockermouth Mountain Rescue Team is entirety funded by donations made by indiwdua15 or other charitable organisabons. It cost around £I00.000 a year to run the team. and the vast majonty of thi5 money is spent on training. equipment, servicing vehicles and maintaining the ScUe team base. I would like to tske this opportunity to thank all of our operational and honorary team members for the enormous amount of hard work they have PLrt in over the last 12 months. and the locaj businesses, communty group5 and individuals continue to support us so generou51y. On behalf of the vthole team, I'd a150 like to acknovAedge the fantastic support we conb.nue to receive from Cumbria Police, the Fire and Rescue Service. Mountsin Rescue England & Wales IMREWI. and the other 11 teams that make up the Lake District Search & Mountain Rescue Assw"atson ILDSAMRAI. Lastly, as always. I would like to give a special thank you to our team members, wonderful partners, families. friends and colleagues. These people are all part of an extended Cockemiouth Mountain Rescue Team, and it's only wlh their ongoing support that our team member5 can contrnue to drop everything at short notice, and head out into the hills to rescue people and save lives. Structuret gov•man¢e and managgm•nt Page 4
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Structure. govemanco and management1¢4)ntinuedl a. Constitution Cockermouth Mountain Rescue Team is a registered charity. number 1161672. and is consliluted under a Constitution. Every year we are called out to a few rescues Ithere members of the public have unwttingly put themselve5 in danger by failing lo be prepared for changes in the vather, not wearing appropriate dothing or just not having the necessary skills to be out in the mountains. DisttFrbingly, the statssb'cs for OUT Tegion indicate that avoidable rescues like these now account for a signthcant numbw of mountsin rescue callouts. In response to this the Adventuresmart websrte has been developed to help people prepare properfy for their trips into the mountains, and in tum. hopefvlly reduce the volume of unnecessary Callouts. Adventuresmart aims lo infom) visitors to OUT area about the ways that they can stay safe and prompts them to ask quest'ons like., Do I have the right GEAR? Do I know what the WEATHER will be like? Am I confident I have the KNOWLEDGE & SKILLS for the da The web511e is easy to use and provides lots of realty LFseftJl infomiation about how to stay safe and whal to do if you are unlucky enough to have an accident or become hopelessly lost in the mountains. So, if you'Te planning trip into the fells soon. please tske a look at the website first.. ww.adventuresmarLuk. Statement of Trusts•s' responsibilitles The Trustees are responsible for preparing the Trustees. report and the finanual statements in accordance wth applicable law and Uniteil Kingdom Accounb"ng Standards {Unrted Kingdom Generalty Attepted Accounting Practice). The law applicable to charrtie5 in England & Wales quireS the Trustees to prepa financial stslements for each financial year which give a true and fair wew of the state of affairs of the CIO and of its incoming resources and application of re50ur¢es. induding rts income and expenditure, for th period. In preparing these financial statements, the Trustees are required to= select suitable accounting policies and then apply them consistenty. observe the rnethods and principle5 of the Charities SORP IFRS 102}', make judgments and accounting estimates that a reasonable and prudent". stste whether applicable UK Accounting Standards {FRS 1021 have been followed. subject to any material departures disdosed and explained in the financial statements.. prepare the finanaal statements on the going cMcern basis unless rt is inappropllate to presume that the CIO TrMII contsnue in business. The Trustees are responsible for keeping adequate accounb.ng records that are sufficient to show and explain the CIO'S transactions and disclose with reasonable accuracy at any ts.me the finanual position of the CIO and enable them to ensure that the financial statements comply wth the Charities Act 2011, the Charity (Accounts and Reports) Regulab"ons 2008 and the provisions of the Con5b"tub"on. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other legularl11es. Approved by order of the members of the board of Trustees and signed on their behalf by.. Mr M Pi¢kavance Chair Page 5
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Dale". Page 6
COCKERPAOUTH MOUNTAIN RESCUE TEAM INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEIABER 2024 Indendont examinerfs report to the Tntst¢¢s of Cockermouth Mountsln ROSC Team I'the cio'i I report to the charity Trustees on my examinab.on of the aw)unts of the Cockermouth Mountsin Rescue Team CIO for the year ended 31 December 2024. Rèsponsibilities and basi5 of rewt As the Trustees of the CIO you are respcfflsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 rthe 2011 Act'l. I report in respect of my examination of the CIO'S accounts carried out under section 145 of the 2011 Act and in cairying out my examination I have follov*pd the applicable Directions gNen by the Charity Commission under section 14515llbl of the 2011 A¢1. Indop¢ndènt examinerfs statement Your attenb.on 15 drawn to the fact that the CIO has prepad the a¢counts in accordance wrth Accounting and Reporb"ng by Charities.. Statement of Recommended Pra¢tice applicable to charities preparing their accounts in accordance Vth the Finanaal Reporting Stsndard applicable in the UK and Republi¢ of Iland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Prath'ce issued on 1 April 2005 which is referted to in the exLint regulats.ons bLrt has been withdrawn. l undefsland that this has been done in order for the accounts lo provide a true and fair view in accordance wth the Generally Accepted Accountsng Prath"ce effecb.ve for Pong periods beginning on or after 1 January 2015. I have completed my examinab"on. I confimi that no matters have come to my attention in connection wih the examination giving me cause to believe that in any material respecL accounting Tecotds Yre not kept in respect of the CIO as required by sectim 130 of the 2011 Act., or the accounts do not accord Vth those records.. or the accounts do not comply the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf ththich is not a matter consided as part of an independent examinats'on. I have no concems and have come across no other matters in connection the examinats'on to which attention shoulil be dravm in this report in order to enable a proper understanding of the a¢counts to be reached. Signed.. Dated. o I. 09 Is. Steven Kirkbride Institute of Chartered Accountants in England and Wales Arnistrong Watson LLP Chartered A¢countants Cadeton House 136 Gray Street Workinglon Cumbria CA14 2LU Page 7
COCKERMOUTH MOUNTAIN RESCUE TEAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unwestrictsd funds 2024 Restricted lunds 2024 Total funds 2024 Totsl funds 2023 Note Incom• from: Donations and legacies Other trading activitses Investments 149.442 1.140 2.522 149.442 1.140 2.522 147,539 1,173 2,288 Total income 153.104 153,104 151,000 Expenditure on: Charitable ath.ties 162,294 7.058 169,352 170,899 Totsl •xpenditure 162.294 7,058 169.352 170,899 Net expenditurè before net gains on investments Net gains on investments (9.190) 68.161 .OS81 (16.2481 68.161 f19,899J 30,615 Net movèmont In lunds 58.971 (7,058} 51,913 10, 716 R8con¢lllatl¢>n of funds: Total funds brought foNRrd Nel movement in funds 1.118.984 S8.971 3S3.DSO 17.0581 1,472.034 S1.913 1,461,318 10,716 Totsl funds Carried forwdrd 1.177.955 345.992 1.523.947 1,472,034 The Statement of financial ac11tieS indudes all gains and bsses recognised in the year. The notes on pages 11 to 24 form part of these financial statements. Page 8
COCKERMOUTH MOUMTAIN RESCUE TEAM SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Total funds 2024 Total funds 2023 Note Income Gains on investments 153,104 68,161 151,000 30,615 Gross income in the reportlng period Less.. Total expenditure 221,265 1169,3S21 181.615 (170,899) Net In¢omelloxponditure) for the reporting pèriod 51,913 10,716 The notes on pages 11 to 24 form part of these financial statements. Page 9
COCKERMOUTH MOUNTAIN RESCUE TEAM BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Note Fixed assets Tangible assets Inve51menls 454,617 83S,287 466,577 773, 789 10 1,289,904 1.240,366 Currnnt assets Stocks Debtors Cash 81 bank and in hand 2,000 33,285 204.011 12 17,546 215, 792 239.296 235,338 Creditors.. amounts fallrng due wthin one year 13 15.2531 (3.670) Net current assets 234.043 231,668 Total assets less ¢urfynt liabilities 1.523.947 1,472,034 Net 455ets excluding pension ass 1,S23,947 1,472,034 Total net assets 1.523,947 1,472,034 Charity funds Restricted funds Unrestricted funds 14 345.992 1,177,95S 353,050 1, 118,984 14 Totsl funds 1.523.947 1,472.034 The financial stslemenls vRre approved and aLthorised for issue by the Trustees and signed on their behalf b. Mr J Haslam Trustee Date.. & ftucwsr i o i The notes on pages 11 to 24 fomi part of these firtanci statements. Page 10
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEIIBER 2024 General infornialion Cockemiouth Mountain Rescue Team is a Charitable Incorporated Organisation entirely fvnded by charitable donations. Accounting poli¢l•$ 2.1 Ba515 01 prèparation of financial 5tstements The finanaal statement5 have been ppared in accordance yth the Charities SORP IFRS 1021- Accounting and Reporb"ng by Chariti'es.. Statement of Recommended Practice applicable lo charrties preparing their accounts in a¢¢ordance with the Finanaal RePOn9 Standard applicable in the UK and Republic of Iland IFRS 102) (effective 1 January 20191, the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial ststements have been prepared to gNe a Irue and fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 onty to the extent required to provide a 'true and fair, wew. This deparbjre has involved following the Chanties SORP IFRS 1021 published in October 2019 rather than the A¢¢ounting and Reporb"ng by Ghartties.. Statement of Recommended Practice effectr.ve from 1 April 2005 has since been vthdravdn. Cockermouth Mountsin Rescue Team meets the definrtion of a public benefit entity under FRS 102. Assets and liabilities are initjalty recognised at historical cost or transaction value unless otherwse slated in the relevant accounting poticy. 2.2 Income Ail income is recognised on¢x the CIO has enbuement to the in¢c*ne, it is probable that the income 11 be received and the amount of income receivable can be measured reliabty. The recOgnon of income from legaues is dependent on establishing entiuement, the probability of receipt and the ability to estimate wth sufficient accuracy the amount receivable. Evidence of enb"Ilement to a legacy exists when the CIO has sufficient evidence that a gift has been left to them Ilhrough knovledge of the existence of a valid wll and the death of the benefactor) and the executor is sab'sfied that the property in question will not be required to satisfy daims in the estste. Receipt of a legacy musl be recognised when it is probable that f( will be ceiVed and the fair value of the amount receivable, which generally be the expected cash amount to be di5th"buted lo the CIO, can be reliably rneasu. Inme tax recoverable in relation to irwestmenl income is recognised at the time the investment income is receivable. 2.3 Expenditure Expendrture is CogniSed once there is a legal or construthve obligation to transfer economic benefit lo a third party, it is probable that a transfer of economic benefrts wll be reqijired in setuement and the amount of the obligation can be measured reliably. Expenditure 15 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support C051s involved in undertakn.ng each adivity. Direct costs attributable to a single activity are allocated directly to that activty. Shared costs vknich contribute to more than one activity and sUPPOrt costs whi¢h are not attributsble to a single activity are apporb.oned between those activities on a basis ¢onsistent wth the use of resources. Central staff cost5 a allocated on the basis of b.me spent, and depreciation tharges allocated on the porb.on of the assevs use. Expendrture on chafitable achwtses is inojrred on direcdy urtdertakn'ng the actiwti.es whith fvrther the CIO'S objectives, as ?11 as arry associated supw)rt costs. Page11
COCKERMOUTH MOUIITAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting poli¢les Icontinuod) 2.4 Tanglble fixed assets and depreciation Tangible fixed assets costing £NIL or rn0 are capitalised and recognised then fitture economic benefts are Probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are inibalfy recognised at C05t. After recognibon, under the cost model, tangible fixed assets are measured at ¢051 less accumulated depreuation and any accumulated impairment losses. Al costs incurred to bring a tangible fixed asset into its intended working cond(£ion should be induded in the measurement of cost. Depreciation is charged so as lo auocate the cost of tsngible fixed assets less their residual value over their estimated useful lives. - Depre¢iation is provided on the foll1n9 basis.. Lrjng-lerm leasehdd property Motor vehicles Fixiures and fittings 1% Straight Line 15% Reduang Balance 20% Reduang Balance 2.$ Investments Fixed asset investments a a fomi of finanual instrument and are initially recognised at their transaciion cost and sUbseqUenY measured al fair value at the Balance Sheet date, unles5 the value cannot be measured reliabty in which case rt 1$ measured at cost less impaimient. Investment gains and losses, vthether realised or unrealised, are Combined and presented as 'GainsllLosses1 on investments. in the Ststernent of finanryal adivrties. 2.6 Stocks Stocks are valued at the 104%er of cost and net realisable value after making dtje allowance for obsolete and slow-moving stocks. Cost indudes all direct costs and an appropriate prOpOOn of fixed and variable overheads. Net realisble vaule is the estimated selling price less all ests"mated costs of completion and costs to be incurred in marketing, selling and distribub"on. 2.7 Debtors Trade and other debtors are recognised at the setdernent amount after any trade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. 2.8 Cash at bank and in hand Cash at bank and in hand indudes cash and short-term highly liquid investments %Mth a short maturity of three months or less from the date of acquisition or opening of the deposrt or similar ac¢ounL Page 12
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies {continued} 2.9 Lialylitle$ and provisions Liabilffies are recognised ffien there is an obligation at the Balance sheet date as a result of a past event. it is probable that a transfer of economic benefft wll be required in settlement, and the amount of the setuement can be estimated reliabty. Liabilities are recognised at the amount that the CIO antiapates rt wll pay to settle the debt or the amount it has recelved as advanced payments for the goods or services it must Provide. PTovisions are measured at the best e5b.mate of the amounts required to settle the obligion. Where the effect of the time value of money 15 material. the provision is based on the present value of those amounts. discounted at the pre-tax di5¢0unt rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of finanryal acb'vities as a finance cost. 2.10 Financial instruments The charity has elected to apply provisions of Section 1 t. Basic Finanical InstTumen15' and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of rts financial instrument5. FinancÉal instruments are recognised in the Charitys balan sheet when the Charity becomes party to the Contractual Proveisons of the instruments. Financial assets and liabilities a offset. ith the net amounts presented in the finanical 5ts1emenls, vthen there is a legally enf0rfjeae right to set off the recognised amounts and there is an intention to setue on a net ba$ or to realise the asset and settle the liability simultaneously. 2.11 Fund accounting General fijnds are unrestricted funds vthich are available for use al the discreb'on of the Trustee5 in furtherance of the general objects.ves of the CIO and which have not been designated for otheT purposes. Designated funds comprise unrestricted fund5 that have been set aside by the Trustees for particular Purposes. The aim and use of each degnated fund is set out in the noles to the financial statements. Restricted funds are funds vthich are to be used in accordance wth specific restrictions imposed by donols or which have been raised by the CIO for paTb"cular purposes. The costs of raising and administering such lund5 a charged against the spectfic fvnd. The aim and use of each $tricted fund is set out in the notes to the finanaal stalements. Investment I[OMe. gains and tosses are all(te<l lo the appropriate fund. In¢ome from donations and legacies Unrestricted funds 2024 Total funds 2024 Page 13
COCKERIJJOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2024 Incom8 from donations and lega¢le$ (continued) Unrestricted funds 2024 Total fund5 2024 Donations and grfts Legaaes Gift aid reclaimed 96.629 46,490 6,323 96,629 46,490 6,323 Total 2024 149,442 149,442 Unrestiicted funds 2023 Total funds 2023 Donations and grfls Gift aid reclaimed 139,608 T.931 139,608 7,931 Total 2023 147.539 147,539 Income from other trading activities In¢ome froffl non charitable tsading activiti•s Unrestricted fund$ 2024 Total funds 2024 Shop Income 1.140 1,140 Unrestricted funds 2023 Total funds 2023 Shop Income 1,173 1,173 Page 14
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Investsnent income Unrestri¢ted funds 2024 Total funds 2024 Interest income 2,522 2,522 Unrestiicted runds 2023 Total funds 2023 Interest income 2,288 2,288 Anaty$ls of expenditure on chaTitsbl¢ a¢tivities Summary by fund type Unrestricted Re5triGtsd fund5 funds 2024 2024 Total 2024 Direct costs 162,294 7,058 169,3S2 UnStrICted funds 2023 Total 2023 Direct costs 170,899 170,899 Analysis of eXpendIr• by activities Activities undertaken directly 2024 Total funds 2024 Direct Costs 169,352 169.352 Page 15
COCKERMOUTH MOUNTAIN RESCUE TEAM IIOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysis of expenditure by activities Icontlnued) Actrvities undertaken directly 2023 Total funds 2023 Direct costs 170,699 170,899 Anatysis of direct Costs Total funds 2024 Direct costs 2024 Depreciabon Bank charges Volunteer training Water rates Light, heat and po*r Insuran Repai and equipment maintenance Telephone Sundry expenses Medical supplies and wue equipment Motor expen5e5 Travel and subsi5tsn Accountsncy fees Management fees 28.103 552 28,103 552 35,021 1,997 9,174 6,990 31.332 10,927 8,596 11,097 7,438 8.923 35,021 1.997 9.174 6,990 31.332 10,927 8,596 11,097 7,438 8.923 li 1,902 7,300 1,902 7.300 169,352 169,352 Page 16
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Analysi5 of exp•nditure by activities Ic¢)ntlnu•dl Analysls of direct costs Icontinuedl Total funds 2023 Direct costs 2023 Depreath"on Purchase of promotional items Volunteer training Water rates Light, heat and po Insurance 23,636 2,599 13, 788 2,330 6,5T8 6,410 40,183 23,636 2,595 13, 788 2,330 6,578 6,410 40, 183 RepaiTS and equipment maintenan F li Telephone Printing, postage and stsb"onary Sundry expenses Medical supplies and rescue equipment Motor Expenses Travel and subsistance 8,365 1,604 t3,044 27,443 8,304 5,094 933 1,360 415 8,365 1,604 13.044 27,443 8,304 5,094 933 Advertising Accountancy fees Independent examinerfs fees Management fees Legal and Professional fees 7,360 415 6,048 2,765 6,048 2, 765 170,899 170,899 Trustees. remunèration and expenses During the year. no Trustees received any remuneration or other beneffts (2023- £NIL). During the year ende(131 December 2024, no Trustee expenses have been incurred (2023- £NIL). Tangible fixed assets Long-terni leasèhold PrOrtY Motor Fixtures and vehicle5 ffttings Total Cost or valuation At 1 January 2024 Additions 419.147 97.769 163,966 16.143 680,882 16.143 At 31 December 2024 419,147 97.769 1BO.109 697.025 Page 17
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Tangible fixéd a$$ets Icontinuedl Long4emi leasehold property Motor Fixtures and vehicl¢$ rittings Total Depreciation At 1 January 2024 Charge for the year 46,984 6,761 76.370 4.280 90.951 17.062 214,305 28.103 At 31 December 2024 53.74S 80.650 108,013 242.408 Net book value At 31 December 2024 365.402 17.119 72.096 454.617 Al 31 December2023 372,163 21.399 73.015 466,577 10. Flxed asset investmènts sted investments Cost or valuallon At 1 January 2024 Addib"on5 773,789 61.498 Al 31 December 2024 835.287 Net book value At 31 December 2024 835,287 At 3t December2023 773, 789 11. Stocks 2024 2023 Finished goods and goods for resale 2.000 Page 18
COCKERMOUTH MOUIITAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 12. Debt015 2024 2023 Due Vthin one year Other debtors Prepayments and accrued income 13.601 19.684 9,743 7,803 33,285 17,546 13. Cffjdltors: Amounts falling due within on¥ year 2024 2023 Accruals and deferred income S,253 3,670 Page 19
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 14. Ststement of funds Statèment of funds - current year Balance at 31 Gainsl December (Losses) 2024 Balance at 1 January 2024 Trnnsfers inlout Income Expenditure unStrICted funds Designatsd funds Motor Vehicle Replacement Fund New HQ Repair and Replacement Fund 250.000 250,000 350.000 350.000 250.000 350.000 600.000 Balance at 31 Gains1 Decembèr IL¢ssesl 2024 Balanco at I January 2024 Transfers inlout Income Expenditure General funds General Funds 868,984 153.104 1162.294) (350,0001 68.161 577,955 Totsl Unr8strl¢ted funds 1.118.984 153.104 {162.2941 68.161 1.177.955 Balance at 31 Gainsl D¥¢ember {Lossesl 2024 Balance al 1 January 2024 Transfers inlout Income Expenditurn Restrictèd funds HQ Fund Vehide Fund Propaq LT rn0nrt Fund 351.565 1,051 (6.761) 187) 344.804 964 {210) 224 353.050 17.OS81 345,992 Page 20
COCKERMOUTH MOUNTAIN RESCUE TEAPII NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 14. Statement of funds Icontlnu¢d) Total of funds 1,472,034 153.104 1169.3S21 68,161 l.S23.947 Page 21
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 14. Statement of funds Icontinugdl Statement of funds - prior year Balance al 31 December 2023 Balance al 1 January 2023 Trdnsfers Gain (Lagses) InGom8 Expendrfure Unrestricted funds Designatsd funds Motor Vehide Replacement Fund 150,LIXI 100,000 250,000 Balance at 31 December 2023 Balance at 1 January 2023 Transfers in/out Gains/ (Losses) Incom8 Expendrtu General funds General FLtnds 951. 168 151.OC%) (163. 799) (l00,oc) 30,615 868,984 Total Unrestricted funds I, tol, 168 151.C (163,799) 30,615 1, 118.984 Balan al 31 December 2023 Balance at l January 2023 Transfe Gains/ (Losses) Income Expendtture R8strt¢tsd funds HQ Fund Vehi¢le Fund Propaq LT Monitor Fund 358,326 1,312 (6.761) (261J 351,565 1,051 512 (78) 434 360. 1 f7. 100) 353,050 Total of funds 1.461,318 (170,899) 30,615 1,472,034 Page 22
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15. Summary of funds Summary of funds - current year Balance at 31 Gainsl December (Losses) 2024 Balance at 1 January 2024 Tran5fets inl¢)ut Income Expenditure De5ignate(I fvnd5 General fijnds Restricted funds 250.000 868.984 353.OSO 3SO,000 {350.0001 600.000 S77,9SS 345.992 153.104 1162.2941 (7,0581 68,161 1,472.034 153,104 1169,352) 68,161 1,523,947 Summary of funds- prior year Balance al 31 Decemb8r 2023 Balance al 7 January 2023 Transfe Gain (Lossesj Income Expenditure Designated funds General funds Restricted funds I50, 951, 168 360, IXI loo,000 (100.000) 250,0(X) 868,984 353,050 151.000 (163.799) f7. ICQ) 30,615 1,461,318 151.000 f170,899J 30,615 1,472,034 16. Analy$i$ of net assets between funds Analysis of net assets betsn funds- current period Unrestrlcted Restricted funds funds 2024 2024 Totsl funds 2024 Tangible fixed assets Fixed asset investments 108.625 835.287 239.296 15.253) 345,992 454.617 835.287 239,296 (5.2531 Current assets Cre(litors due within one year Totsl 1,177,955 345,992 1,523,947 Page 23
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 16. Anaty5is of net assets I8n funds (continued) Analys1$ of net assets betn fvnds- prior period Un$11y¢ld funds 2023 Restricted fvnds 2023 Total fvnds 2023 Tangible fixed assets Fixed a55et inveslments Current assets Creditors due Vthin one year 113,527 773,789 235,338 (3,670) 353.050 466,577 773,789 235,338 {3,670) Total 1, 118.984 353,050 1,472,034 Page 24