Registered company number CE019696 Registered charity number 1186493 ## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 20 NOVEMBER 2024** ## **FOR** ## **CLIMB 2 RECOVERY** 1 ## CLIMB 2 RECOVERY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 20 NOVEMBER 2024 Report of the Trustees Independent Examiner’s Report Statement of Financial AcPviPes Balance Sheet 2 ## CLIMB 2 RECOVERY REPORT OF THE TRUSTEES ## FOR THE YEAR ENDED 20 NOVEMBER 2024 year ended 20 November 2024. The Trustees have adopted the provisions of AccounNng and ReporNng by ChariNes: Small company provisions This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document** The Charity is controlled by its governing document dated 30 June 2019. ## **Registered Charity number** 1186493 – registered on the 21 November 2019. ## 3 Coastguard Close Gosport Hampshire PO12 2ND ## **Trustees** William Mackay - Chairperson John Sims-Hilditch Ibrar Ali Alexander Mackenzie Daniel White ## **Independent examiner** Tibbs AccounNng Services Ltd 4 The Triangle Poole Dorset BH16 5PG 3 ## CLIMB 2 RECOVERY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 20 NOVEMBER 2024 ## **Trustees’ Report, Climb 2 Recovery** The Trustees are pleased to present their report and accounts for the period 21 November 2023 to 20 November 2024. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Charity is controlled by its governing document dated 30 June 2019. The recruitment of trustees is undertaken by the Board of Trustees. They will recruit a person who is willing to act as a trustee and has an interest in the acNviNes, beneficiaries, and ulNmate success of the charity. ## **ObjecIves and acIviIes** and objecNves and planning future acNviNes. 4 C2R . OUR CORE VALUES Our Cw• Vqlv•i Three priKiple5 guid* C2R5 mission.. The progroMtrtÈ- o regular y*or-r¢und schedu￿ OF odapiive Progromm mw)￿l￿tt￿9* 2. The c¢MmuTrllv tl vlbiant. welcornlng ccrnM￿lty of rrllltary fiieods *PP¢rtsr$.' an Indu￿ve, non-ludgmental culfvre W￿re c 2 ryportNe for t*elefani acthe *rYke r•2mber& from the Royal . Royal Marirw +knrny. Royal Ar For￿ f￿• *ywFK(Xrt physKd or wcknbgicol For thcw the* horthps. lo*knJ a 8 YEARS SUPPORTING OUR VETERANS can be profowdly frfe-thrywry. Ovei 175 n￿berS 14 x funy funded resldenllal ctyJrses.. Peuk Distticl leam to lead (fiThb Ld(• Distsid Xy￿bling Alps mumi pltch dinbing North Woles learn to Mulli-pitch (ujt S(￿l￿nd Wlntèr mo￿101￿r￿￿ Skllls IT￿thI¥j Morocco Expedtfion Trekk￿g P•mbrokeshire learn to clinb More ttwjn I ,143 kndividL￿l Tiaining d(rys in 2024 f2R iaTr? al o Iough - Total cosr of C21t achy￿**3 foi 2024 was £120,0 At o cosl of £105 pèr per￿. per day of acftvtty We ￿p￿t￿ l 15 very adive mernbe￿, ond we1cl￿d 30 new Mem1￿[$ amended multiple cour*s Ihrouw the year AWARDS & QUALIFICATIONS 2R kns erKJblpd m2ThI)ersto cunpkne trainin9 with: 24 M•¥nl•ln Flrsi Ald mernben certthed 7 Rock aimbing IT￿￿or5 trav 6 k•¢k aThbiny InSfrvdorS will 6 M•uThlqin L•wd•ry trained Effthinciig rtc•veiy Ihroiih (Iimbin9 in Leader5 quafrf P•rJ•nal fv•l•dlv• E4vIpbMni Ingp•d•r cevNI￿d Clirnb 2 Re(overy Reg￿trered chaTty 1186493 3 Coastgwrd Clo*, HampdM"re, POI 2 2ND 48 Trowry & A¥*WTr￿cO￿lel coMP￿￿d ## **Financial review** It is the policy of the charity to hold in reserve the equivalent of three months running cost for our core UK program. Current free reserves meet this requirement. The financial results for the year are shown in the following pages. Approved by order of the board of Trustees on 17 July 2025 and signed on its behalf by: W Mackay – Chairman 7 CL￿BZREcOvERv R•gist4ied COmpa￿Y Numbor.. CE01%96 RoglSt•i8d Charrty Ilumb@r.. 1186493 CoMp￿Y ￿f￿n￿￿tiO TtU5tqey IlacKlly Accou￿tant S¢svKe Upion H165PG R•gist4iBd Offic Cowi R•gist•i8d COmpa￿Y Number.. CE01W6 Reyisteied Charrty Number.. 1186493 CLIMB2RECOVERY Regi*eie¢l CompaThy Number.. CE019696 R•gistBr&d ChartyNurnb8r.. 1186493 TtusteE'S Report Thec<•T•M¢swiTh¢ipalic¢NnY dullng the￿￿￿4*￿1e ielited TtUStq•s J5iNtrHihlltth A￿￿KO￿li D ¥*lule Sm•ll Company woTrAskns ThMwort inarcOn￿￿￿hthll proYinKm iTrPwi15ofthllC￿￿pWM Act2M•kabk io tompank$Sur￿lthI￿$M*IC￿Wnk1rtgknt. CLIMBZRECOVERY R•gistBred CompaThy Numbar.. CE019696 Accountsnts. Re￿t Accountsnts. Re￿tt0 th• olT[ust￿5 ofthB llccouTrts of CLIMB2RECOVERY In ￿<￿￿1￿rEW￿h1h0ÉywgI￿nt&￿,￿￿In<￿d￿to3￿￿uIY0ut0fU￿1YoU1d￿￿ und￿th ¢(w￿e￿A￿ 1001 ¥Ye￿￿¢0￿￿k4￿e￿CC(￿ty01th? Swp 4nd$i*e Ihosefflatws thatweha¥toweedto$i*e lolhemln th1* lep￿Ind fotntsothwwpo￿. TotsTukbl on th￿aryact￿lII0s 62,&14 I37,￿) li CLlklB2RECOVERY (Reg No.. CE0196961 Balante Sheet as at 20th November 2024 Flxgd A$$91S 97m5 97.762 Cieditors-amounts fall￿9 due wlthln one year (4621 N•t Cutrent Liabilttsos 97J Ciedltor$-amouM$ fallkng due hèr more than ojie year Net Assets 97 C•pit•l & R•s•riiqs 97110 Total Capiial & Re#tr¥È$ 97 T￿slEE5a￿e satis￿l￿at￿P C(ry￿y1se￿tilled loeXeMp￿ audrtunder n4TTOTtr* maifftèmember has ￿reqUIted b*comparty knrtlain an>J￿ID dan¢Èvfflth Sttbth14760ftr*A(t. Tmsleesacknimiedgestrm￿Sp￿thIffts rorcttnptyiw *YththerequSTemeMS Ottheccthpan￿S Act In Tespecitoac(OLmlW recotts anJi￿p[e￿ararth￿3a¢¢￿its ￿¢￿￿r￿VeDeefft ve9areJ hiac¢ordW￿tNtrt￿￿S￿n5in part 1501me CthWkSAc12￿5 sL*l￿1101The$M￿ regime. On bgtrdfofTr 12 CLIMB2RECOVERY IR8g No= CE0196961 Notesto th* Ac¢ounts for the p•riod ended 20th Novemb•r 2024 1. ACCou￿ti￿9 Polic￿5 Ba818 of PrwaratKJn aCc(x￿&ha¥8bq0n wep3￿￿￿@t￿8hl8￿￿cal c0strnti0nar￿ kx sMal￿Et￿@S1off￿thVq Wl 2￿8k Incomo m8 r￿p￿￿ts1h￿ya1￿. n8tofd1sc￿￿.ofg(￿￿a5W0￿dBdID cusIDmBr& LofSem￿ iu custOTrHs T￿￿CoMpanY ￿ Mtregi*￿ ￿Va￿add￿la Depter￿n Z. Operating 3. Tax4liDn 2Q 5. T￿￿91b1& Fix•d As8•ts To*1 At21stI4¢wb￿ber2￿3 A120m WvenYJer2024 At21RtFkb¥thM￿rxI23 13 LIMB2RECOVERY (Reg No.. CE0196961 Notes to the Account8 Icontdl forthe perlod ended 20th Novemb8r 2024 33 178 7. Cieditors.. AJTrDuni¥ flllling duEwhhin one year CfgditorB.. bJThountsf8lling th•n ong 23 Income & ExpeTrdiwieAc¢ouni 2Q23 I37.9￿) 97 14 CLIMB2RECOVERY Management Infomiation For the Period Ended 20th November 2024 The followlng page$do Wiform pr￿ ofthe *awiwifln•Trckg1 $i•iemeni$ 15 CLIMB2RECOVERY IR¢g No.. CE0196961 Income & Expenditure Account forthe perlod ended 20th November 2024 Incorne I￿.6B5 7D,492 70.492 54 4¢tr4lYCoJis 54.S)S 2B,658 1m5 9D264 .951 Gro88 Sutplus 15 ..Admini8trativ• E4>8ns88 17 WtrwpryFee 732 1515 1.211D 42 Nei 5urplu$llDefi¢lll 16 Grants and support received, included in the above, are from the following: 17