REGISTERED CHAIUTY NLNBER: 1195803 ort of1h￿￿tett *n Lll￿dI￿￿tIll Statements for iht Ye￿Elded JI Mareh2QU TeArn IAMD & Ellis c.yf Chartered AccounlaTbts A¢kilad Si Davids BuiidinB Styd Lombard Strttt PorthThadog G￿￿edd LL49 9AP South Snowdonia Search & Rescue Team te e FiD8Dci81 Staiements f r the Ye8r ETrded 31 M8r¢h 2024 Page Report of the Trustees I to 3 Statement of Financill Activities Balance Shttt Notes to the Flnancl81 Stgtemenis 6 10 10 South SnowdjMiLse￿h￿eScllt T -￿rt of the Trustees for the Year EDded 31 ,Marsts2024 The prc%nt their rrport with the finan¢ial of the charity the year ended 31 March 2024. The trustees have adopted the provisiorLS of A¢¢ounting and Reporting by Charities.. st￿eMent of Rccommendcd Practice applilablc to charities prq)aring their accounts in accordance with the Finawial Reptirtin8 Sthnl￿d applicthl¢ in the UK 8nd RcpublT¢ of Irel8t)d IFRS 1021 (effective l January 2019). OBJECTIVES AND A￿[VITIEs Objectives Ob eciives an South Snowdonia Search and Resa* Tcam {SSSARD is a re8iSt¢rnl ¢hllTity that operates iti North we￿ Wal¢s dnd th¢ Snowdonia area. The team 15 comprised of around 30 ieam MeM￿Ts. all unpdid volunteers who give up their own time at all rim¢s of the day and nighL 365 days per year to help ihose lost. injure4 or in distress in the mountains or nwal l(Kalion4 in South Snowdonia. and in addiiion to this tlw also help the police by lot¥king for vulnerdble pcople who are missin8 from ￿me or thos¢ in need of rescu Hi.% During thc 1960's, the mountsin ￿SCUe situation in South Er￿. was very primitive. In 1986, members frorn the 'Cambrian Rambling Club. came 10 M up"Rhino8 Rescye Tcarn, under ihe sup¢rvision of Bary Ellis. It) 1973, Moelwyij Rescue Team was set up in the Blaenau Ff¢51inioB area undcr the suwvi$i¢)n of Tom Thomas. Both ams wen very busy dwing the 70's w)d 80's and then in 1991. 8fter mwh discu5sjon. it was decided tho1 both trarns would merg¢ as one. South Snowdonia Search and Rescue Team was used a$ 4 new natne for the team and it forniall}' r¢gL&tcrcd as 8 charity in FebTuary 1994. The first l¢ader and superyisor leadÈn8 th¢ w&$ 'ToptKr BTOWTr with Ba￿ Ellis as his second in In 1998, Ihe team was forninate tr￿gh to be offeffd the old Ca¢ Adda school buildiD& by Trnwsfynydd Lake for a period uf 25 ycars by Ma￿0X. After a loi WO￿ Blierin¥ th¢ buildin8 lo ensure li was fil lur purrA)s¢, il was offieially opened on the 5th of Augu512(M)O by Miehael Argent. the Ihen chief ¢ons¢4blc of North Wal¢s Police. On 13 Scpicmber 2021 the Eh¥rity chart8￿ its smictur¢. by regisierin8 as a ¢han¢able incorporai¢d oryni5alion ICIO). Th18 ollowed for the modrrni5aiion of the 8overnimg documcnt and allowed ihc chsrity To become a legal eniii}' in 115 righi, ond provKl¢J greaicr prO￿U0n for the TruMees atyl rnembers. All the Lssets of the old chariry w¢re tran%ferTed to th¢ new charity ￿ this dale. Slgnlflcant ittlvkles The Souih Snowdonia Mountsin ScaTch and Rescue 1¢8m ¢ovets an area of approximatcly l.(KM) squarc kt'lornetres. Cornprising the RIJiTK)8ydd and the ArcnDi8 Mountains well as Jorge arE4S of moorland and familand. Thesc wilderness ar¢a$ 4¢traci those walkcrs and ¢limbers who wish ￿ 8¢t ¥way from the moTe populated moun(ai arcas in the nonh tsf the National Park. Currently, w¢ average anwnd 50 ¢¥llou15 each year. Jn the peri￿ 2023 10 end Marth 2024 we ￿e1ved 55 alerts, from North Walts Polirc rcsultitsg in 36 deploymthts. Training take5 place ev¢ry weck and equipmenl 15 checked and mainlained c4)n5tsnty so that we kre always in ll stst¢ of readines8 io Ivdve at a momeni's notice for the nrxt job. The ieam do an enom]ou5 amouni of 'unseen' WO￿ which goes on khind the 5cencs. The team members only have to arEend callouts, bui they also hav¢ to atte￿1 fimdraising events in order to m¢et the rnnnjng costs of the tvdm. Public beDtfit The chariry has complied the requirements of 5tttion 17(5} of the 2011 cb8riii¢s 8Ct to have due regard to the guidancc published by the charity Commi￿10￿ rCgarthllg￿b1lC ben¢fiTs. Vol￿nteerS The Trusl¢es would once ag8in like io thgnk rts *am of vohmieers for thetr dedication and commitmenl of their free ttme to help SUp￿rt ibe aims and objectives of the charity during the yw. Pag¢ I S uth SDowdonla Seoth & Te* rt olthe Truatees the Year Etsded 31 M4rtb 2 ACHIEVEMENT PERFORMANCE Ch#rttable Actlvltie5 During the ycar the team haye continued to work closelj. with thc Nixth WJle5 rATrlic¢, otber search teams, the HM Coastguard etc. Example5 of aciivilies unnd lo its nced$ and enswe thai supwi and goYernan¢¢ co.415 are Cover￿. The tru8re¢s ¢ot>sider thai a level of twelvc months is sufficietti given the flexibility afforded by its low risk Invc51ment policy for Surplus fillO5. Th¢ balance held ￿ unrestrtcted fi￿d5 ai 31 mS￿h 2024 was £137.440 ofwhkch £48.777 regarded as free re$erves' this b¢ing after allowing for funds iicd up in tangible fixed assets. Tht twelvc month experxlitUTe, to 31 Mar¢h 2024. ex¢luding donaiions and deprc¢ialion. totalled £13,482. The curreni level of reseTVCS is ihereforc hi8her Ihon was necded for day to day arfi&iiits. bui the next financial year will include continued expendiwrc on the nThthisation of the learn's ba% and wwking Strucnw¢ and ihus th¢s¢ exttss fvnds will Applied io the charitys objtt15 80ing forw'ard. STRUCTLIRE, COVERNANCE AND MANAGEMEYr Gov¢rnln8 docum¢ni The charity is controlled by its governin8 th¢umeni. 2 deed of and con5tiiuw an UniTWFW)rated charity. As already meniinrtcd. Ihc chjrity changes its strii¢th on 12 Syembcr 2021. and from thai dale thc chariry is controlled by its governing docum¢ni, a CIO a$￿￿1￿tion WODJcd (kKwMeni. The objectives th¢r¢in stAte th¢ public benefit PUfsx)se ofthe chariry to k to save life atml a]l¢vtai¢ dLstress in the UK by PTuvidin8 a volunicer.bas¢d.4¢a￿h and servi¢e and Working with the police aNt other cmergency servKty. Key minigtment personnel gnd related parlies The trustees consid¢r the management IK)4rd Com￿.31n% the tsitstee5 and officeT5 of the chan.ty to be the key mana8em¢nl and they are in charge of dit¢¢tin8 and wnlTollins Ihr rhariiy &$ well as running knd opcrdiing ihc charity on a day to day basis. All t￿￿te¢& board members. officers & tearn member5 8iv¢ of their tim¢ freely and no r¢muncralion or other bencfit ill c&%h or kind wgs receiv￿1 in the year. De¢aits of key mana8em¢nt & elated p8 expenses and transactions are dixlosed in a n￿¢ ￿ the a￿Outsts. Rlsk m4nagemeD¢ Th¢ ttuslee5 hab'e a th]ty to identsfy and Thicw the ti5ks 10 wbicb the CTr￿1ty is ¢xposed and to ensurc aPprO￿late ¢onlrol$ Are in place to prtsv￿e T¢asonable assur4ncc against fraud and em)r. REFEREP*CE AND ADMtNISTRATIVE DETAIIS Registered Ch¥Jrity number 1195803 Page 2 South S wd0￿* Se#rcb & Reseue Tt#m rt of the Trn$tees for the Year EDd¢d JI March 2024 PriDcipal 4ddre Capel Cat Adda Cae Adda Trawsfynydd Cjwyncdd LL414TS Trustee$ Mr G Rowlands Mr P HiLkson Idec¢&8¢d 12.7.231 Mr A Williams Mr l Mowatt MrK Griffiths Ms C K Lumsdon Mr l Fvan$ Iresigned 6.9.23) Ms P Haule lappoinied 1.8.23) Mr K Jones lawillted 6.9.23) Mr S Brsnon lappoinied 6.9.23) Base ofoper*tlonb Capel Adda c.ae Adda TrAwsf)mydd Gwynedd LL414TS COM.MENCEMEN1' OF ACTIVITIES ThesL findn¢ial sia¢imin(s prepared on i Bolti8 c¢xKem bA8is. Thi5 Ixing brycau5e thc Mounwin Rcs¢uc xctols siruciure underw¢nt modernisation in the peri(yJ. As a PAn ofthis prncess. the South Snowdonia Mountain Rescue Teain C51ablished a'charilabl¢ inrvrwrated OfB#tii¥aiion' ICIOI rc8iStralion at the Chanry Commisston on 13 Swembcr 2021. Although 811 activiiies carricd on as nomal both durbng ond afier the transition. Ihe n¢w stnjcture did ushcr in a new grvup of TTU$t¢e$. and providul the or8anisalion wilh 8n opporlunity to ￿#1¢ both its governing docum¢ni artd ils operativc polici&8. Approvedby ordcrofthetthofws*es(ffi...................................... .. and signed on its l)dhalf by.. G.A. L.wJ4 Mr G Rowlanth- Trustee sout￿S￿O￿dOniA S¥£b & Rtte Statement of FInantIa￿l ¢tlvilie5 r the Year Ended 31 MarthJQ24 31J24 UDrestri¢ted fund 31.3.23 Total fiJthd$ INCOME AND EYDOWMENTS FROM Donalions and legacies 21.676 22,651 Charltable 4ctivities Mountain Rescue Investtnent incorne Oiher income 511 Total 23,187 23297 EXPENDfTVRE O Rajsing funds 134 1,736 Charlt4ble *ttlvlties Mounlain Res¢ue 13J48 9.553 b¢r 4.112 3.70S TotAI 17J94 14.994 NET INCOME 5393 8.303 RECONCILIATION OF FUNDS Total fund5 brou8ht forwa 131*53 123.550 TOTAL FUiYDS CARRIED FORWARD 137.446 131.853 The Dotes forn) part of these fJJMttcial Ststcrn￿ts Page4 South S￿Owdon￿1￿ r¢h &￿S¢￿t Team Balance Sheet .M#rch 21124 31.3.24 Unr¢stricted fund 31.3.23 Total fijnds Notes FIXED A&SETS Tan￿ble $k¢ts 669 87,384 CURREIYT ASSETS Deb￿r$ Cash 8t bank I iJ09 39.675 2.764 42.215 50.984 44.979 CREDITORS Amollnis fallin8 due withiti ott¢ ye4r {2307) (5101 F.T CUIUIEIYT ASSETS 48,777 44,469 TOTAI. ASSETS LESS CURRENT LIABILITIES 137.446 131.8S3 NET ASSETS lJ7,416 131,853 FIINDS Unrcsirieied 137,446 131.853 TOTAL Ftr4DS 137,446 131,8S3 The fl ancid Stsiements wue approv¢d by the Bwd of TnMees auth0ri5ed for issuc on Iwl!.oYAo￿.................... al￿ weff 51S￿d on lis b¢h•ifby.' G.A. l4- Mr G Rowl4nds- Tr￿￿e M5 C K Lumsdon - Trustee Page 5 South snowd01￿￿*Ar¢￿ & e5cue Tea Note5 to the Fillaueiaj Stat¢mtnls e Ye4r Ended 31 Marth lQi4 Accouf4TING POLICIES Bwis of preparillE tbe fJm*n¢l#l Itatements Thc ftnan¢ia] SQ￿men[S of the chan"ty. which is a public b¢n¢fil entity under FRS 102. have been prepated in ac£ordance with the Charities SORP IFRS 102) 'A¢counting 8nd Re￿)Ith.ng by Chariiie5.' StsietnetLI of ReeonMn¢nded Practt¢¢ applicabl¢ ￿ charities weparing th¢ir accounts in 8c¢ordance with the Fina￿lJI Reporting STandaTd applicable in the UK and Republic of Ireland IFRS 102) (effective l January 20191., Financial Re¥￿ttIng StsndaTd 102 Th¢ Financial Rewing StsDdard applicgble in the UK and Republic of Ireland, and the Chan"ti¢s Ad 2011. The financial ststements have i￿¢Th tryared under thc history￿￿ ¢¢)st conventiort. All incom¢ is reco￿1*4 in the Stsiemeni of Financi81 Aetivilies once the charity F4s enlitlerneni lo the fund& ji is probabl¢ that ih¢ in¢om¢ will be received atyj the amount be mt4surcd teliably. Expenillture l.iabilttie$ are reco8nistyJ a5 expend1ft￿ 85 sth)n as there is a legal OT constnJ¢tivc obligation committing the chaTiry to that expcndiThlTe. it is probable thai # transfer of e¢onomic bcDefits will bc Tequircd in scttlemcnl 8nd lh¢ amtsunl of the obli¥alion can be mcLswrd Telrahly. Ext*nditure is accountcd for on an a¢¢rui15 basis and has been classified under headings t￿t awrgate au cosi relaled kn the U￿sory. I￿7)ere tosts ¢ant)or be dirKtIy annbuied lo panicular h¢adings they hove been allocaied ￿ othivilies on a basis consisicni with thc use of rcsources. T*n%lbl¢ fix¢d 455ets Dcprccialion ￿ provid¢d at the followin8 ra￿ in ord¢r to wriie uff a6set over its estimated u6eful Frtthold property Improvemettis to PTopety Plant &nd machiricry Moior vehirlcs Computcr equipm¢ni lTr/• on cost l•/• on cosi 21f/o on reducin8 bala￿¢ 21V/D on reducing balan¢e 21V/• on reducin8 bAian¢¢ Fixcij assets are stated at their ¢osi p￿ le&s ac¢umulaied thpTc¢i8tson aThJ Ic5s amou￿ reco8ni5ed in respect of impa1miL￿I. Thc ¢htirity is exempt fnpm its charitable auivi¢ie5. FuTrd Accountlng Unrcsiri¢i¢d funds be usul in acco￿ with th¢ charitableobjeciives ai the discreiion of the twstees. Restrieted furhds can only b¢ used for p4rttcular restri¢t¢d punjosts within the objects ofthe Charity. R¢styi¢tions arise whert 5pecLfied by ihe donor orwhcn fimds are rnised forpgrncular rc5tricied PU￿05c5. Further expl2nation of the nature purp￿¢ 0f￿h fimd is includpAI in the notes lo the fm•nthl statements. PaBe 6 ¢onknueAJ... South SDowJd StarehJ Reseue T Notes to the Fthancial Stat rnentsJontthued or the Year EJJded 31 mar￿2024 INVESTMENT INCOME 31J.24 31.3.23 Dcp05it g¢¢(wnt intcrest RAISING FUPIDS Investment m4n*gem¢ni tosts 31J.24 31.3.23 56 480 TRUSTEES, REMUNERATION AND BENF.FITS There wer¢ no trnslees. reniiM*rntion or other bcnefits for the year endcd 31 Mar¢h 2024 nor for the ycar ended 31 Mar¢h 21)23. Trusltes, expe￿ The￿ were no trusws. expenses pid for the yeareryl¢d 31 March 2024 nor forthe ye8rend¢d 31 March 2023. COMPARATIVES FOR THE STATEMENf OF FINANCIAL AcfivJTIES Unresrricled fund INCOME AI%D ENDOWMENTS FROM Donations and legacies 22,651 Chirlt*bl¢ Afth*les Mount8iTh Reseue 500 Investment income Totlll 23,297 EXPF..YDITUB£ ON RaLsing fwwjs .736 Ch*rit*bJe Itti￿ltI Mountain Rescuc 9,553 Other 3.705 Tot 14,994 NET INCOME 8,303 RECONCILIATIOIY OF FUNDS T(rtal funds bn)ught foTward 123,550 TOTAL FUliDS CARIIJED FORWARD 131,853 Page 7 South nowdonia S¢•r¢h &lwuele•m Ngt to ihe Finatt¢i*l Stat¢ments-£opthiD or the r Ended l Marth 2024 TANGIBLE FIXED ASSKTS Improvements FTe¢ik)Id Plant and machtnery COST At l April 2023 Additions 51,638 23.979 13,1168 5.197 At 31 March 2024 51W8 23.979 1&465 DEPRECIATION At l Apnl 2023 ch￿8c for year 723 i•J 959 241) 9369 1,839 At 31 March 2024 826 1.199 11,108 NET BOOK VALUE At 31 MArch 2024 50J12 22.780 7,.157 Ai 31 March 2023 50.915 2.1.020 3.799 Fixtures Moior hicles Computer uipm¢nl fittings Totsls COST At l April 2023 Additions 1,98fj 20.750 116,055 SJ97 At 31 Mareh 2024 4.640 121,452 DEPRECIATION At l April 2023 Ch*gc for year 13J18 lJ87 1743 379 671 4,112 164 At 31 Ma￿h 2024 l J23 IS.205 3,122 32,783 NET BOOK VALUE At J l Marrh 2024 657 SJ45 At 31 March 2023 821 6.932 1,897 87,384 Inch￿e4 in co5¢ or Val￿tion of lltsd and buildin85 is freehold laDd of £41,310 12023 - £41,310) whi¢h is not detY¢Cioled. Frcthold land & buildin8s reprts¢nts the'foir value, orth¢ tr8tt5ferof title to the rharity on 24 January 2019. Of th¢ fair volue. s￿/￿ is approxirnated to comwise of Tth4epreciatsJ lrt whik the remainin8 Portion is the base of owatiOJLS, which ¢onvcrted out of the old cbapel. Pa8e 8 South Snowdonii Starch & RescDe T¢& r the Year Ended 31 March 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31J.24 31.3.23 VAT Prepa)ments 4,856 6.453 2,034 730 11,3 2,764 CREDITORS: AMOUNTS FALLIT4G DUE WITHIN ONE YEAR 31J.24 31.3.23 Trad¢ ¢T¢dito Orher crediio 1.647 509 2.207 sio MOVEMENT IN FUYDS Net mo%'emen¢ in fiuMIs At 1.423 31.3.24 UnreJtrk¢ed fund5 Gen¢ral fund 131153 SJ93 137,446 TOTAL FUNDS 131053 SJ93 137,446 Nel movemeTht in funds, i￿1￿1¢d in the al*)ve as follows.. Movement in funds resollrc￿ expended Unre$trl¢¢ed fvndg G¢n¢rnl fund 23,187 (17.594} $593 TOTAL Fu￿Ds 23,187 (17.5941 5,593 Comp&r*tive$ for movement In funds Nd movcment in fu￿18 At 31.3.23 At 1.422 Unreytrlcted funds G¢ncrnl fimd 123550 8,303 131,853 TOTAL FUNDS 123,550 8,303 131,853 continu¢d.. South Sn