Charity numbèr: 1161672 COCKERMOUTH MOUNTAIN RESCUE TEAM UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
COCKERMOUTH MOUNTAIN RESCUE TEAM CONTENTS Page Reference and administrative details of th• CIO. Its Trustees and advise Trustees. report Independent examinerfs report Statement of financial activities Incomo and 8xpendItu a¢count Balance sheet 10 Notes to the financial statements
COCKERMOUTH MOUNTAIN RESCUE TEAM REFERENCE AND ADMINISTRATIVE DETAILS OF THE CIO, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Trustses Mr M Pickavance. Chaimian Mr AC McNeil, Trustee Mr HG Lewis, Trustee Mr J Haam. Tnjstee Charity registered number 1161672 Principal offi¢¢ PO box 73 CA13 3AE Page 1
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their aftnual report logelher V*Fth the financial slatements of the Cockermouth Mountain Rescue Team CIO for the 1 January 2025 to 31 December 2025. Objèctives and activities • Policies and objo¢llves The objectives of the team are.. 1. to re$e persons or animaEs in trouble throLÈgh acudent or natural hazard, in the area of the valleys of Buttermere and Ennerdale and Distn"ct arKI to cwjerate other organisations in order lo ftjrther these objectives for the benefft of the public. 2. to further the above (but no further ty othepmse), to maintian a fvlly equipped Team capable of going OLrt in any weather at any time. In setting objectives and planning for ath"wties. the Trustees have given due consideration to general guidance published by the Charty Commission relating to public benefft. induding the guidance 'Public benefit.. running a charity IPB2)'. Page 2
COCKERIIOUTH MOUNTAIN RESCUE TEAIA TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Objectives and a¢ti¥itles (continued • Maln a¢tiviti•s undertaken to further the CIO'S purposes for the public benerrt Before summarising the acbwbes of the team over the past 12 months I'd like to start by pawng tllbute lo our former chair and VIGe President John Dempster MBE. Sadly, John passed away in October last year. He had been involved with Co¢kemiouth Mountain Rescue Team for almost 70 years and was responsible for helping to mold the team into the professional organisation rt is today. John was an inspiring character. and a great friend lo many learn members. He wll be sadly missed by all those who had the pleasure of knowng him. An aitide about John and the story of his life in the tearn can be found on page (Page number here) of the team report. Last year Cockemiouth Mountain Rescue Team called out to a total of 91 inrjdents makn'ng it our second busiest year on record. 34 of these callouts re for indiwdual$ vtho had sustained some kn.nd on injury, and of these 19 were isolated. ankle OT lower leg injuries. Medical emergenues like heart attacks, sevzure5, exhaustion. migraines and panic attacks accounted for 9 of last yearfs callouts. In most of ihese cases the individuals involved were treated at the scene by members of the team, prior to being carTied off the hill on a stretcher and handed over to members of the North West Ambulance Service for Iransportalion on to hosprtal. In situations where the casualty was more seriousty ill or injured, support was prowded by the HM Coastguard Helicopter and Aif Ambulance crew5. On behalf of the vknole team. I would like lo thank the indivtduals that work in these organisats"on5 for their ongoing support. In March last year 29 team members successfully qualthed a$ MoLtntain Rescue- Remote Medical Technicians. This qualification has replaced the Casualty Care Certificate previously held by MR members. Alihough fundamentally very similar, the Remote Medical Techniaan qLtalification has been introduced so that the NHS and other blue light seryices have a better understsnding of our capabilib.es and the types of interventions that we are able lo perfom. An enom)ous amount of work goes into traEning and preparing for this. On behalf of the %thole team. I'd like to thank our team doctors and other medical professionals. as well as our many enthusiastic first aid gurus. During the run up to the exams this team worked tirelessly to deliver realistic and comprehensive training, prowding team members with the skn.lls they nee(1 to pass the exam. but more importanuy, wth the confidence to be able to treat SeriOuY injured and ur11 casualties on calloLrts. 30 callouts last year were for people vh)0 vre losl. missing or had been reported overdue. Thankfijlly the vast majority of these people tumed up wrthin an hour or so of the alarm being raised, or they could be quickly located via SARLOC and erther physicalty escorted OT talked down off the hill using their phone. However, a Small number of these callouts SUlted in more protracted searches invoknng Other Lake District Mountain Rescue Teams as well as search assets like Search Dogs. Drone Teams and SAR HelKopters. Walkers or dimbers who get themselve5 into a8$ of steep ground and then become 51u¢k. unable to dimb any further, and unable to Tetrace their steps. a referred to in moLtntain rescue a5 'cragfast'. Heading off into the hills without a torch and then being unable to find your way down Safely is referred to as 'benighted'. La51 year the team were called out 8 times to rescLse indiwduals and gTOUPS who had become cragfasL benighted or bothl Wild<amping involves heading into remote areas lightweight Camping equipment to enjoy the solitude and majesty of the great outdoors. Urrfortunately. the team tre called out 4 times last year to locate wild-campers and assist them off the hill. In three of these cases. the campers had to be rescued because they hadn't checked the weather forecast befo heading out into the fells, in one case altempb.ng to pitch a tent on the side of Red Pike during a named 5tomi. The fourth pair of campers had chosen ideal ¢ondits'ons. Unfortunately, after pitching their lent in Ennerdale they then deaded to go off for an explo. onty to get disorientated and find themselves unable to relocate their campsite. In addition to the rescues involving los( injured and unEII walkers. the team also attended 2 callouts for paddle boaTders, 1 callout to a 92-year-old crashed paraglÈder. 1 for an injured moLtntain biker. 2 for lost dogs (both of which turned upl. 2 false alarms and 1 for a sheep stu¢k in a bog. Page 3
COCKERIIOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 ObJe¢tive5 and activities {continuedl Sadly, on a couple of occasions lasl year, the team called OLrt to rescues that ulbmately resulted in the casualty losing their lrfe. Callout5 involving fatalibes are paTkncularty Challenging for all those involved. l am always very proud of the way that the team pulls togethei during these tragedies, prowding support to the friends and farnily members of the deceased, as EII as looking out for on one another during the ¢alloLrt and in the days and weeks afterwards. The rest of this report contains more details about all of last yeafs callouts along sorne 5pectscular photographs taken by OUT members on callouts and during training sessions. It also contains some entertaining ait¢les submitted by team members about lrfe in the tearn and other adventyjres. Once again, I would like lo give a massive thank you to Denise and Andy for producing this year's report. I'm reliably informed that this is the 18th report they have produced for u5. We are very lucky to have such talented people wlling to donate their b.me and skill to produce. wh is in my humble opinion is, the best MR annual report in the county. I would like to take this opportunity to thank all of our operats.onal and honorary team members for the enormous amount of hard work they put in. and the IKal businesses. community groups and individua15 who conts.nue lo support us. Achievements and perform•n¢e • Maln a¢hle¥ements of the CIO Cockermoulh Mountsin Rescue Team responded to 91 callouts in the year. Ajthough this represen15 a decrease from the prewous year, it remains higher than the average. As stated above, the CIO continues lo work closely other organisab.ons on callouts. This is thanks to our third party training, which enhances the capabilities of our volunteers. Financial review Going concern After making appropriate enquiries, Ihe Trustees have a reasonable expectation that the CIO has adequate resources to continue in operational estenCe for the foreseeable fvture. For this reason. they continue to adopt the going concem basis in preparing the financial statements. Further detsils regarding the adoption of the going concem basis can be found in the accounts.ng poliaes. Re$er¥e5 policy CockeTmouth Mountain Rescue Team is enb.rely fijnded by donations made by indiwduals OT Other charitable OTganisalions. It cost around £100.000 a year lo run the team, and the vast majority of this money is spent on training, equipment, servIng vehicles and maintsining the rescue team base. I VK)LJld like to> lake thi5 Opportunity to thank all of our operational and honorary team members for the enomious amount of hard work they have put in over the last 12 months. the local businesses, community groups and individuals who continue to support U5 so generousty. Structure. go¥ernance and management Page 4
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDEO 31 DECEMBER 2025 Structure> gov•mance and management {continuedl Constitution The CIO És a company limited by guarantee. The team holds a regular monthly meetinlfor members, all of vthom are volunteers. at Nthich decision5 are made in line wth the vth'ng requirements of the Constrtution. O¢casionalty a SucoMmittee may be delegated spe¢ifi¢ responsibility to act on behalf of the team. None of the Iru51ees has any beneficial interest in the copmany. All of the tTuslees are members of the company and guarantee to contn.bute £1 in the event of winding up. Thanks On beha5f of the whole team, I'd also like to ackno•e the fantastic support we continue to receive from Cumbria Police, the Fire and Rescue Serwce, Mountain Resuje England & Wales IhAREWI, and the other 11 teams that make vp the Lake District Search & Mountain Rescue A5sociab"on {LDSAMRAI. As always, I would like lo give a special thank ythj to our leam members, wonderful partners, families. friends and colleagues. These people are all part of an extended Co¢kemiouth Mountain Rescue Team. and it'5 only with their ongoing support that our team memtxrs ¢an continue to drop everyihing at short nots"ce, and head out into the hills to rescue people and Save lives. Every ye8r we a <*lled to a few rescues wthere members of the public have unwtbngly put themselves in danger by failing to be prepared for changes in the wealher. not wearing appropriate dothing or just not having the necessary skills to be out in the mountains. Di51urbingty, the stab"sti¢s for our region indicate that avoidable rescues like these now account for a signtficant number of mountsin rescue callouts. In response lo this the Adventuresmart website has been developed to help pecyle prepare properly for their trips into the mountains. and in tum. hopefully reduce the volume of unnecessary callouts. AdventusMart aims to infomi visitors to our area aut the ways that they can stay safe and prompts them to ask questions like., Do I have the right GEAR? Do I know at the WEATHER will be like? Am I confident I have the KNOWLEDGE & SKILLS for the da The website 15 easy to use and provides lots of really useful inforniation about how lo stsy safe and what to do if you are unlu¢ky enough to have an accident or become hopelessly105t in the mountains. So. if you're planning a trip into the fells soon, please take a look at the website first., whW.adventusMaUk. Page 5
COCKERMOUTH MOUNTAIN RESCUE TEAM TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 202S statement of Trustees, responsibilitiès The Trustees are responsible for preparing the Trustees. report and the ffinanoal ststemenls in accordance with applicable law and United Kingdom AoUnts"ng Standards (United lfjngdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales qUireS the Trustees to prepare financial statements for each financial which give a tnje and fair view of the stste of affairs of the CIO and of its incoming resources and appliealion of resources, including its income and expenditu, for that period. In preparing these financial stalemenls, the Trustees are Tequired to.. select suitable accounting policies and then apply them ¢onsi8tently". obseNe the methods and prinaples of the Charities SORP IFRS 1021., make judgments and a¢¢ounb"ng esb"males that are reasonable and prudent.. state whether applicable UK Accounbng Stsndards IFRS 1021 have been followed, subject to any material departure5 disclosed and explained in the financial statements". prepare the financial ststements on the going concem basis unless it is inappropriate lo presume that the CIO will continue in business. The Trustees are responsible for keeping adequate accounting records that are suffirjenl to show and explain the CIO'S transactions and di5c105e vAth reasonable accuracy at any tsme the finan¢ial position of the CIO and enable them to ensure that the financial statements comply wth the Charities Act 2011, the Charity IAccounls and Reports) Regulations 2008 and the provi5ion5 of the Consb"tub"on. They are also responsible for safeguarding the assets of the CIO and hen for tsking reasonable Steps for the preventson and detection of fraud other irregularitses. Approved by Order of the members of the board of Truslees and gned on their behaw by.. Martin PiGKavanG& '2.oMT+1 Mr M Pickavance Chair Date.. Page 6
COCKERMOUTH MOUNTAIN RESCUE TEAM INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEPABER 2025 Indepèndènt examirfs report to the Trustees of Co¢kerniouth Mountain Rescue Team l%he cio'i I report lo the tharity Trustees on my examination of the accounts of the Cockemiouth Mountain Rescue Team CIO for the year ended 31 December 2025. Rasponsibilities and basis of report As the Trustee5 of the CIO yQLt are responsible for the preparats"M of the accounts in accordance wth the requirements of the Chanties Act 2011 Ilhe 2011 Art). I report in respect of my examination of the CIO'S accounts carried out under seth.on 145 of the 2011 Act and in carrying out my examination I have followed the applicable Direcb"ons given by the Charity Commission under section 14515llbl of the 2011 Act. Indendent examinerfs statement Your attenton is drawn to tre fact that the CIO has prepared the accounts in accordance with Accounting and RepoTb"ng by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in accordanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporb"ng by Charib"es." Ststement of Recommended Pracb"ce issued on 1 April 2005 which is ieferred to in the extant regulab.ons but has been vAthdrav4n. l undeT5tsnd that this has been done in order for the accounts to prwde a true and fair view in accordance v*th the Generally Ac¢epte(l Accounbng Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examinat"on. I confimi that no matters have come to my attenb.on in nnectIOn wth the examination giving me cause to believe that in any material respect.. ac¢ounling records were not kept in respect of the CIO as required by section 130 of the 2011 Act., or the accounts do not accord wth those records., or the accounts do not comply with the appliCae requirements con¢eming the form and content of accounts set out in the Charities (Accounts and Reports) Regulatsons 2008 other than any requirement that the aOunts give a true and fairf wew which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection vth the examinalion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. Steven Kirkbride ACA BFP Ami$trong Watson LLP Chartered Accountants Carfeton House 136 Gray Street Workington Cumbria CA14 2LU Page 7
COCKERMOUTH MOUNTAIN RESCUE TEAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted Restrithd fun(15 funds 2025 2025 Totsl funds 2025 Total funds 2024 Income from: Donations and legacies other trading actimties Investments 131,663 1.794 8.762 131.663 1.794 8.762 149,442 1, 140 2,522 Total income 142,219 142.219 153. 104 Expendlttjre on: Charitable acbvibes 148.231 6.999 155.230 169.352 Total expenditurn 148.231 6.999 155.230 169,352 Net expenditure before net gain$ investments Net gains on investments (6.012) 107.179 16,9991 (13.0111 107.179 (16,248) 68, 761 Net movement in funds 101,167 {6.9991 94.168 51,913 Reconciliation of fund$= Total funds brought forward Nel movement in funds 1.177.9S5 101.167 345,992 16.999) 1.523,947 94,168 1.472,034 51,913 Total funds carriod for¥Mrd 1,279,122 338,993 1,618.115 1.523,947 The Statement of finanual activiti.es indudes all gains and losses recognised in the year. The notes on pages 11 to 23 fomi part of these financial statemenls. Page 8
COCKERMOUTH MOUNTAIN RESCUE TEAM SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Totsl lunds 2025 Total funds 2024 Income 142.219 107.179 153, 104 68, 161 Gains on investments Gro35 in¢ome In the rèporting period Less.. Total expenditure 249.398 11SS.2301 221,265 (169,352J Net incornellexpenditure) for the reporting period 94,168 51,913 The notes on pages 11 to 23 fomi part of these finanual ststemerts. Page 9
COCKERMOUTH MOUNTAIN RESCUE TEAM BALANCE SHEET AS AT 31 DECEMBER 202S 2025 2024 Flxed a55ets Tangible assets Investments 4S7,033 934,340 454,617 835,287 10 1.391.373 1,289,904 Current assets Stocks Debtors 2,000 15.601 214.468 2,000 33,285 204,011 12 Cash at bank and in hand 232.069 239,296 Currnnt liabilities Creditors.. amounts falling due wthin one year 13 15.3271 (5,253) Nèt current assets 226.742 234,043 Total assets lèss Current liabilities 1.618.115 1,523,947 Net assets excluding pénsion asset 1.618.115 1.523,947 Total not a$$ets 1,618.11S 1,523,947 Charity funds Restn"cled fvnds Unrestricted funds 14 338,993 1.279,122 345,992 Y, 177,955 14 Total funds 1,618,115 1,523,947 The financial statement5 were approved and authorised for issue by the Trustees and signed on their behalf by.. J P ha¥l3T Idl? y 2u£s Oy 50 28CMT+11 Mr J Haslam Trustee Dale.. The notes on pages 11 to 23 form part ofthese financial statements. Page 10
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Genèral infomiation Cockemiouth Mountain Resoje Team 15 a Charitable Incorporated Organisation entlrely funded by charitable donations. Accountlng polici¢$ 2.1 Basis of preparation of financial statements The finanaal statements have been prepared in accordance with the Charitses SORP IFRS 1021 Accounting and Reporb"ng by Charibes.. Ststement of Recommended Practice applicable lo charities preparing their accoun15 in accordance with the Finanaal Reporb"ng Standard applicable in the UK and Republi¢ of Iland IFRS 1021 (effective l January 20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the chanb.es Act 2011. The finanual statements have been prepared to give a and fairf View and have departed from the Charities (Accounts and Report5) Regulab"on5 2008 only to the extent required to provide a 'true and fairf view. This departure ha5 involved followng the Charities SORP IFRS 102) publisheil in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 vA)bch has since been withdravffl. Cockemioulh Mountain Rescue Team meets the definits.on of a public benefft entity under FRS 102. Assets and liabilf(ies are Inalty Tecognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Incoffle All income is Tecognised once the CIO has entiuement to the income, it is probable that the income 11 be received and the amount of income receivable can be measured reliably. The reCOgnon of income from legacies is dependent on establishing entidement, the probabilty of receipt and the ability to estimate sufficient a¢¢ura¢y the amount receivable. Evidence of entbtlement to a legacy exists Ythen the CIO has sufficient evidence that a gift has been left lo them Ithrough knovAedge of the existence of a valid 11 and the death of the benefactor} and the exe¢utor is satisfied that the property in quests'on wll not be required to satisfy claims In the estate. Receipt of a legacy must be recognised bthen it is probable that r( will be received and the fair value of the amount receivable. which will generally be the expected cash amount to be distributed to the CIO, Can be reliably measured. Income tax recoverable in relab.on lo investment income is recognised al the lime the investment income is receivable. 2.3 Expenditu Expenditure is recognised On there is a legal or constnJ¢tive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits wll be required in Settlement and the amount of the obligats.on can be measured reliably. Expend¢ture is classified by activity. The costs of each activity are made up of the total of direct costs and shared cost5, including support costs involved in undertakÈng ea¢h actiwty. Direct costs attributable to a single activity are allocated directly to that aciivity. Shared costs which contribute to more than one activrty and support costs which are not attribLrtable to a single activity are apportioned belween those activities on a basis consistent with the use of resources. Central 5tsff cosls are alk)¢ated on the basis of time spent. and depreciation charges allocated on the porb.on of the asset's use. Expenditure on charitable activitses is inujrred on direcyy undertaknng the activth'es which fijrther the CIO'S objectives, as well as any a550ty8ted support Costs. Page 11
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 A¢¢ounting policies (continued) 2.4 Tangible fixed assèts and depre¢lation Tangible fixed assets cosling £1,500 or mre are capitalised and recognised when future economic benefits are probable and the cost or value of the a55et can be measured reliably. Tangible fixed assets are initially recognised at cosL After recognib"on. under the cost model. tangible fixed 35set5 are measured at cost less accumulated depreciab.on and any accumulated impaimient losses. Al costs incurred to bring a tangible fixed asset into ils intended vlorking condits.on should be induded in the measurement of cost. Depreciation is charge<l so as to allocate the cost of tangible fixed assets less their sidual value over their estimated usefvl lives. Depreciation is provided on the folloing ba5e5" Long-term leasehold propety Motor vehicte5 Fixtu$ and fftb.ngs 1% straight Line 15% reduang balance 15% and 20% reducing balance 2.5 Investments Fixed asset investments are a fomi of financial instrument and are initialty fecognised at their transaction c051 and Subsequently measured at fair value al the Balance sheet dale, unless the value cannot be measured reliably in whith case rt is measure(l al cost less impairrnenL Inveslrnenl gains and losses. whether alISed or unrealised, are combined and psented as 'G8n51(LO5sesI on investments, in the Ststemenl of finanaal acbvities. 2.6 stocks Stocks are valued at the lower of cost and net all$able vaKJe after making due allowance for obsolete and slt)W-moving Stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Net realisble vaule is the estimated Selling price le55 all estimated costs of completion and Costs lo be incurred in marketing. sellirsg and distribution. 2.7 Dèbtors Trade and other debtors are wognised at the settlemenl amount after any trade discount offered. Prepayments are valued at the awrtount prepaid net of any trade discounts due. 2.8 Cash at bank and in hand Cash at bank and in hand includes cash and short4emi highly liquid inve5trnents with a Short rnaturity of three months or less from the dale of acquisrtion or opening of the deposit or similar account. Page 12
COCKERMOUTH MOUNTAIN RESCUE TEAM 140TES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 A¢¢ountlny policias {continugdl 2.9 Liabilities and provislons LiabIle$ are recognised vknen there is an obligation at the Balance sheet date as a result of a past event, il is probable that a transfer of economic benefft wll be qUired in settlement, and the amount of the settlement can be ests"mated reliably. Liabilities are recognised al the amount that the CIO anticipates it wll pay lo settle the debt or the amount it has received as advanced pawnents for the goods or services r( must prowde. Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where the effect of the lime value of money is material, the provision 15 based on the psent value of those amounts. discounted al the pre-tax discount rate that reflect5 the risk5 spe¢ifi¢ to the liability. The unwnding of the discount is recognised in the Statement of financial a¢livTties as a finance cost. 2.10 Financial instruments The charity has elected to apply provisions of Section 11. Basic Finanical Instruments. and Section 12 'Other Financial Instruments155ues' of FRS 102 to all of its financial instruments. Finanaal instruments a renised in the Charitys balan sheet when the Charity becomes party lo the Contractual proveisons of the instruments. Financial assets and liabilibes are offset. wth the net amounts presented in the finanical statements, when there is a legally enforceable right lo set off the recognised amount5 and there is an intention to settle on a net basis or lo realise the asset and settle the liability simliltaneously. 2.11 Fund accounting General funds are unrestricted fvnds which are avaTrlable for use at the discretion of the Trustees in furtherance of the general objectives of the CIO which have not been designated for other purposes. Designated funds comprise unrestri(aed funds that have been set aside by the Trustees for particular purposes. The aim and use of each desunaled frjnd is sel out in the notes to the financial slalement5. Restricted funds are funds whith are to be used in a¢¢ordance with speufic restrictions imposed by donors or which have been raised by the CIO for particular purposes. The costs of raising and administering such fvnds are charged against the speufic fund. The aim and use of each restricted fund is set out in the notes to the finan¢ial statements. Investment income. gains and losses are allocated to the appropnate fund. Page 13
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEIIBER 202S Income from donations and legacies Unrestricted funds 2025 Total funds 2025 Donations and gifts Legacies Gift aid redaime(I 84,139 42.888 4,636 84.139 42.888 4.636 Total 2025 131,663 131,663 Unrestncted funds 2024 Total runds 2024 Donations and gffts Legaries Gift aid wlaimed 96,629 46,490 6,323 96.629 46,490 6,323 Total 2024 149,442 149.442 Income from other trdding activltles Income from non charitable lrnding activitles Unrestricted funds 2025 Total funds 2025 Shop Income 1,794 1,794 Unrestncted fund5 2024 Total funds 2024 Shop Income 1, 140 1, 140 Page 14
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Investmènt income Unre$trict funds 2025 Total funds 2025 Interest income 8,762 8,762 Unrpstncted funds 2024 Total funds 2024 Interest income 2,522 2,522 Anaty$is of 8xp8nditure on charitable activitie5 Summary by fund type Unre5tri¢ted Rastricted funds funds 2025 2025 Totsl 2025 Direct costs 148,231 6,999 155.230 unTrstred funds 2024 Restncted funds 2024 Total 2024 Direct Costs 162.294 7,058 169,352 Analysis of expenditurè by activities Activities undertaken directly 2025 Total funds 202S Direct costs 155,230 155.230 Page 15
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysis of expgndituro by a¢tivities (contiTrued) Actwrfs undertaken directly 2024 Total funds 2024 Direct costs 169,352 169,352 Anatysis of direct Costs Total funds 2025 Dlre¢t ¢05ts 2025 DepclaOn Bank charges Volunteer training Water rates Light, heat and power Insurance Repairs and equipment maintenance Telephone Printing, postage and ststionary Sundry expenses Medical supplie5 and TV3cue equipmert Motor expenses Accountancy fees Management fees Rent 39,090 546 39,090 546 6,220 2,803 5,599 7,711 34.092 11,181 4.163 6,680 22,091 5,104 2,004 6.220 2.803 S,S99 7.711 34,092 11.181 4,163 6,680 22,091 S,104 2,004 i i 6,946 1,000 6,946 1.000 155,230 155,230 Page 16
COCKERMOUTH MOUNTAIN RESCUE TEAIII NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Analysis of expenditure by activities l¢ontlnued) Analysis of direct Costs lcontlnuedl Total funds 2024 Direct costs 2024 Deprecialyon Bank charges Volunteer training Water rates Light, heat and pov 28, 103 552 35.021 1,997 9,174 28,103 552 35,021 1,997 9,174 k il Insurance 6,990 31,332 10,927 8,596 11,097 7,438 8,923 1,902 7,300 6,990 31,332 10,927 8,596 11,097 7,438 8,923 1,902 7,300 Repairs and equipment maintenance Telephone Sundry expenses Medical supplies and rescue equipment Motor Expenses Travel and subsistan¢e A¢¢ountancy fees Management fees 169.352 169,352 Trustees. remuneration and exp•nS During the year, no Trustees received any remunerab.on or other beneffts 12024- £NILJ. During the year ended 31 December 2025. no Trustee expenses have been incuThed f2024- £NIL). Tangible fixed assets Long4emi Itasèhold property Motor Fixtures and vehicles fittings Total Cost or valuatlon At 1 January 2025 Addib"ons 419,147 97.769 180,109 41,506 697,025 41,506 At 31 December 2025 419.147 97.769 221,615 738,S31 Page 17
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Tangiblè fixèd assets Icontinuedl Long4erni leasehold property Motor Fixtures and ¥•hiclès fittin95 Total Dapr¢¢iatlon At 1 January2025 Charge for the year 53.745 6,761 80,650 3.424 108.013 28.905 242,408 39,090 Al 31 December 2025 60.506 84,074 136.918 281,498 Ngt book valu• At 31 December 2025 358.641 13.695 84.697 457.033 At 37 December 2024 365,402 17,119 72,096 454, 617 10. Fixed asset inveslments Listed investmènts Cost or valuation At 1 January 2025 Revaluations 835,287 99,053 At 31 December 2025 934,340 Nèt book value Al 31 December 2025 934.340 At 31 December 2024 835,287 11. Stocks 2025 2024 Finished goods and goods for resale 2.000 Page 18
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 12. Dobtors 2025 2024 Due within on¢ ygar Other debtors Prepayments and accrued income 8,906 6.695 13.601 19,684 15.601 33,285 13. Creditors.. Amounts falling du¢ wlthin one year 2025 2024 AccnJals and deferred income 5.327 5,253 Page19
COCKERIIOUTH MOUNTAIN RESCUE TEAPIJ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 14. Ststsment of funds Statemènt of funds- current year Balance at 31 Gainsl December {L05ses) 2025 Balance at 1 January 2025 Income Expenditure Unrestricted funds Designatad fund6 Motor Vehide Replacement Fund 300.000 300.000 300,000 300,000 Operating Cost Fund 600,000 600.000 8alan¢e at 31 Gainsl December (Losses) 202S Balance at 1 January 2025 Income Exp¢nditu Gèneral funds General Funds 577.955 142,219 1148,231) 107,179 679,122 Totsl Unrestrictsd fvnds 1.177.955 142,219 1148,2311 107.179 1,279.122 8alance at 31 December 2025 Balance at 1 January 2025 Gain51 ILo$$o$1 Income Expenditure Restricted funds HQ Fund 345.992 16,999) 338,993 Total of funds 1.523.947 142,219 1155,2301 107,179 1,618,115 Page 20
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 14. Statement of funds {cOntinlI Statement of funds- prlor year 8alance al 31 December 2024 Balance at l January 2024 TTrnsfers Gains/ (Losses) Income Expendrfure Unrestricted funds Designated funds Motor Vehide Replacement Fund Operating Cost Fund 2&),¢XX) 250,000 350,000 350,000 2,000 350,000 600,000 Balan at 31 December 2024 Balance at 1 January 2024 Transfets in/out Gain51 (Losses) Income Expenditu General funds General Fund5 868,984 153, 104 (162.294) (350,000) 68, 161 5T7,955 Total UnrestrÉcted funds I,tt8.984 153, t04 (162,294) 68, 161 1, 177,955 Balance at 31 December 2024 Balance at t January 2024 TnsferS out Gain (Lafses) Income Expendrfure Re$trl¢tsd funds HQ Fund 351,565 1,051 (6. 761) (87) 344,804 964 Vehicle Fynd Propaq LT monitor Fund 434 (210) 224 353,050 {7,058) 345,992 Page 21
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 14. Ststement of funds Icontinuedl Total of funds t.472,034 153, 104 {169,352J 68, 767 1,523,947 15. Summary of funds Summary offund$ - Current year Balance at 31 Gainsl De¢ember (Losses) 2025 Balan¢e at 1 January 2025 In¢¢me Expenditu Designated funds General funds 600,000 577,955 345,992 600.000 679,122 338.993 142.219 1148,2311 16.9991 107.179 Reslricled funds 1,523.947 142,219 {155.230) 107.179 1.618.115 Summary (rf fund$- prlor year Balance al 31 December 2024 Balance at 1 January 2024 TnsTe in/out Gains/ (Lossesj Income Expendfture Designated funds General funils Restricted funds 250,LX 868,984 353,0 350,LKtI (3.000) 600,000 577,955 345,992 153, 104 (162.294) (7.058) 68. 161 1,472,034 153, 104 (169.352) 68.161 1.523.947 Page 22
COCKERMOUTH MOUNTAIN RESCUE TEAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 16. Anafysis of net assets betn funds Anaty$is of nèt assèts bet%n funds- current year Unrestrl¢ted Restricted funds funds 202S 2025 Total funds 2025 Tangible fixed assets Fixed asset investments Current assets Creditors due wthin one year 118,040 934,340 232,069 15,3271 338,993 457,033 934,340 232,069 15,327) Totsl 1,279,122 338,993 1.618,115 Analysis of net a$5ets bet¥*en funds- wior year unstd funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Fixed asset investments Current assets 108,625 835,287 239,296 (5.253) 345.992 454.617 835,287 239.296 (5,253) Creditors due wrythin one year Total 1. 1T7,955 345,992 1,523,947 Page 23