CHARnY REGISTRATION NUMBER 1201870
SwaLedaLe Mountaln Rescue Team
(A Charitable Incorporated Organisation)
Unaudlted Flnanclal Statements forthe year ended 31 March 2025

Swaledale Mountaln Rescue Team
Financial Statements
Yearended 31 Mareh 2025
Strat8gic Plan 2025-2028
Trustees, Annual Report
Statement of trustees. responsibilities
Independent examineT'S reporttothetrustees
Statement of financial activitses
10
St818ment of fin8nci81 position
11
Notes to the financial statements
12-22

SWALEDALE
Swaledale Mountain Rescue Team
Strategic Plan on a Page 2025-28
Our Mission
To relieve suffering and distress by providing a voluntary emergency search and
rescue service in Swaledale and Wensleydale.
Our Values
Teamwork
We are strongest
when we
together.
Excellen
We strive to achieve
the highest standartls,
personally and 8s a
188m.
Respect
We value everyone
and treat people wrth
dwnty and r&spect.
Com
assion
We 8r8 kind and
caring to everyone
we encounter.
Our Focus of Effort
We will
become a
more
sustainable
oryanisation
We will provide
an exc611ont
service
We will play our part
In the local
community
We will have high
governance standards
across our
organisation
We will
promots
the
wellbeing
of all within
the SMRT
family
We will
substantialty
duce the
t88m's c8rbon
footprint.
We will $117ve to be
the best we can be,
indMdu8lly 8nd as a
team.
We ￿11 seNe and support
cvr knal t￿Munty.
We will adhere to fft8 b8st
prnctice gurtl8nce of the
Charify commiss￿ and
other ￿gula
requ1￿mentS.
We will look
after ourselves
and our fellow
te8m
npembers.

Swaledale Mountain Rescue Team
Tru8t8e8'Annual Report
Year ended 31 March 2025
The trustees present their report and the unaudited financial statements otthe chartyforthe year en(Jed 31
March 2025
Roforenc8 and admlnlstratlve details
Registèred charity name
Swaledale Mountsin Rescue Team
Charlty registratlon numbor
1201870
Prin¢lpal 0ttSce
Hipgwell Road West
Catterick Garrison
Northyorkshire DL9 3EH
Tru8teo$
The trustees to have held offlce during the y88r and up to the date of this report are:
D Cross
S Clough
A Bradley
T Cain
A Woodhead
l Gllle8rd
H Cross
C West
I Wharton
(Stood down 22- May 2024)
(Re-appointed 22- May 20241
Istood down 22- May 20241
(Stood down 22- May 2024)
IRe-8ppointedlRatified 22- May 2024)
IRe-appointedlRatified 22- May 2024)
IAppointed 22- May 20241
(Appointed 22- May 20241
Ind6pondent examin•r
J8neA8croft
J8ne Ascroft Account8ncy Ltd
Enterprise House
Hamlre Enterprise Park
Barnar(J Castle
County Durham
DL12 8xr

SwaLedale Mountain Rescue Team
Trustee8'Annual Report l¢ontinued)
Year ended 31" March 2025
Oble¢tlves and activities
Objectives: To provide a voluntary emergency search and rescue service. assisting persons and animals lost or
in distress.
Actlvities: The provision ot an emergency rescue Se￿iCe for an aroa of 500 square miles centr&d on Sw81edele
and Wensleydale, 24 houTS per day. every day of the year.
As well a$ rescuing people and animals in peril in the hills. rivers and caves of the area. the Sw8ledale Mountain
Rescue Team I'the Team") encourages sensible use of the environment. It works closelywith statutory agencies
and youth organis8tions to provlde sorvices to Ioc81 residents. visitors. landowners. fam)ers. climbers. cavers,
k8yak&rs and swimmers.
In January2025 we agreèd ouistrategic Plan 2025-28 (See page 11. This document sets outourfive keyobjectives
for the next 3 years. It also describ85 our organisation81 values 8nd the beh8viours we expect from our team
members. The plan will drive and inlom OUT t88m actlvities forth8 next three years.
Achlèvements and performan¢6
The Team currently has 36 full team members and four trainee members. It aL80 h85 8 group of 15 8UPPOrt
members. Their roles cover supporting full t88m members. working as c811-out officer8 and 8SSl8ting in are88
such as fund raising. information technology. secret8rial duties and communications. Some support members
also act as bodies/casualties for many of the training exercises. All members are volunteers. and no one receives
P8yment for any of the activities undert8ken.
During the period 1 st April 2024 to 31 st March 2025 the Team responded to 46 callout requests from North
Yorkshire Polic8 and Yorkshire Ambulance Service. of which the Team were required to deploy on 41 occasions.
In total assistance was provided to 39 people during the year. 15 of these people had sustained serious injuries
and sadly4 weredeceased. The mostcommon type ofinjurytreated were leg injuries, accountingforabout 13%
of all injuri8$. 4996 of those assisted were male and 51% female. 10% of our casu81ties required evacu8tion by
helicopter and 38% required transporting in our team vehicles. On 10 occ8sions the team were deployed to
search for missing persons.
This year we saw the rebranding of our 'C8sualty Carers. to become 'Remote Rescue Medlcal Technicians
IRRMTsl'. This rebranding aligns us with health care professionals in partner agenci8s and aids joint
understanding and working.
Additional skills and me(iication8 were added to the RRMT arsenal. including the generic use of l-Gel to aid
breathing in an unconscious patient. the addition of Penthrox. 8 Strong pain killer. and Tr8nexamic Acid (TXAI. 8
drug used to prevent or reduce bleeding. Ail these ad(Jitions help us provide higher levels of care to C8SU8lties in
remote environments.
We currently have 16 qualrfied. medicallytrained personnelwith 11 of those being RRMT. 2 holding the Extended
RRMT as well as 3 health care Professionals (2 x doctor. 1 x parame(Jicl.

Swaledale Mountain Rescue Tearn
Trustees, Annual Report (Continued)
Year ended 31•1 Ma￿h 2025
Achievements and performance {continued)
As well as providing a mountain rescue service the Team is also a cave rescue team. Duringthe year the Team
attended no underground jobs. although we were on standbyto assist other local teams withjobs on 8 number
of occasions. Underground call outs are thankfully rare in our area but we remain fully prepared to respond;
trainlng regularly in all aspects of underground gear¢h and rescue.
TheTeam 81so has a swift-wateT rescue capability. We have 16 qu81rfied SwiftwaterTechnici8ns who have 8 wide
range ot rescue equipment at their disposal including two boats and a rescue sled. As well as providing a Ioc81
rescue Se￿iCe we are also available to respond to national flooding incidents and are rew'stered with the
Government's flood response agency lor this purp088.
Additionally. th8 Team h88 three op818tional search dogs affiliated to Mount8in Rescuè Search Dogs Eng18nd.
There are only 30 operational dogs in England and Wa18s. Ourdogs and handlers have been called out eight times
duringthè period in supportofteams acr088the North of England.
Over the year the Team spent 147 team hours (or approximately 1500 rescuer hours) 8ttendlng call outs across
Swaledale and Wensleydale. However this figure pales into insignificance when compared to the time spent
training. checkingand cleaningequipment. It is estimat8dth8teach ofour36te8m membersspends on aver888
over 130 hours peryear fulfillingthes8 functions. 811 on a volunteer basis. Our volunteers train mostweek8 of the
year in all weathers and conditions. OUT training includes ropè rescue, swfft-water r8scu8. underground search
and rescue. missing persons search and first aid training.
Fundlng
Th8 Team wlshes to thank ev8ryone who h88 SUPPOrted the charltydurlng thayear.
The Team receives no statutory fundlng 80 is totally reliani on don8tions and our own efforts to ralse the money
needed each year to coverour operating costs. which currently average £45,OW to £50.000 per annum excluding
depreciation, and to contribute to the reserve funds we awe building up to replace capital assets such as OUT
vehicles. Donations from members of the public come from a variety of sources
C8sh ¢Jonations, still
significant via our collecting tins, street collèctions and our presence at a variety of events in our area. We keep
our profile high not only via social medla and our presence on various digital donating p18ttorms. but 81$0 by
doing talks/presentations to community groups. youth groups and other organisations that oftèn go on to hold
fundraising events for us. We providè rescue cover for various annu818Ctive outdoor events that occur in our
arga in ex¢hange for a donation from the org8ni8ers. We hire out our meeting and training rooms at the base
when not in use by the team to contribute to the overhead costs. We work hard to maintain our excellent
reputation within the communities in our are8 and as a result we 8r6 an extremely well regarded local charity,
often benefitting from funeral donations and legacies. One example of this w8$ the fact that this year the Team
completed th8 fundraising for a defibri118tor which has been installed ty Heart of Cattertck at the base for the
benefit of the local community.

Swaledale Mountain Rescue Team
Trustees, Annual Report (continued)
Year ended 31° March 2025
Structure. govemance and management
The organisation was registered as a charitable incorporated organisation l°CIO"l on 8 February 2023. und8r
charity number 1201870. Its constitution follows the"Association° model. By a resolution dated 25" April 2023,
the members of unincorporated charity Swaledale Mountain Rescue Team. charity number 501885, voted to
transfer its operations and assets tothe CIO. Duringthe 2024-2025 yearthe legaltransferofthe Team's base was
completed whilst operationally all actiwties were undertaken bytho CIO throughout th8 y88r.
In accordance with the Charities Statemènt of Rècommended Practice {FRS 1021 and Fin8n¢ial Reporting
Standard 102 itself. th8 financial statements cont8ined herein have been accounted for as a merger and include
the income. expenditure. assets and liabilities of both ch8riti88 for the year ended 31" March 2025 and. as
¢omparativ&. theyear 8nded 31" March 2024.
The charity is managed by a board oftrustees. It is required to have a minimum of four members and is allowed
8 maximum of seven. comprising five "elected" trustees and up to two "nominated" trustees. The elected
trustees are appointed by the membership and the nominated tru8tees by the Operations Committee.
One third of the "elected. trustees lor the nearest number thereto} retire by rotation at each AGM, wlrh the
retirees being those to ha￿ been in office longest since their last appointment. Any trustee appointed by the
board between AGMS retires at the next AGM and is available for ratificationlre-appointment but does not form
part of the proc8SS to determine those to retire by rotation. Any"elected" trustee appolnted betW88n AGMS by
tho mombors retir6s in accordance Wlth the rotation rules.
All'nominated" trustees serve for a term of one year or until the next Operations Committee electlon, If shortèr.
Trustee recruitment has hlstorlcally been drawn from those with extenslv8 experience of the d8y-to-day
operations of the Team. However. recognising the need for diversity and a broader skill set, local advenlslng now
takes place andlor personal approaches are made to people outsi(le the org8nis8tion considered suitable.
Inform81 meetings with members of the board are then held before selected candl(J8tes are put forw8rd to the
full board for interview. Upon. or beforè. appointment all trustees are given a copy of the charity's constitution. 8
copy of the latestTrustees'Annual Report and Financialstatements and a copy of the Charity Commi88ion gulde
CC3° The Essential Trustee".
All trustees complete, eitherannuallyorupon appointment 8"Fit & Proper. declaration to confirm theirsuitabillty
to act as a trust80.
The day-to-day operations ofthe Team are delegated bythe trusteesto the Oporations Committ88. 8 group of 15
officers who are elected by the members on an annual basis. The terms of this delegated responsibility are set
out in the toam's 'Oporational terms of rèference., and include management of the te8m's mountain rescue
capability. training, equipment. medical. fundraising and buildings.

SwaLedale Mountaln Rescue Team
Trustees'Annual Report (continued)
Year ended 31° Mareh 2025
Financial review
As previously stated, the reported resutts reflect the income. expenditure. assets and liabilities of the
unincorporated charity and charitable incorporated organisation both known 8s Swaledale Mountain Rescue
Team. The comparative figures are similarty a combination ofthe two.
Total income for the year was 294.575. compared to total income received in the prevlous year of É108,045.
However 2023-2024 income included restricted income of £25.742 whereas for 2024-2025 iestricted income
was only £3.286. Income ol this nature comes from individuals or organisations who decide to help with specific
facets of the Team's needs. In 2023-2024 the Team was fortunate to receive 8 single grant of £24,672 towards
replacement equipment. Donations of this size are uncommon and nothing similar was received in 2024-2025.
Excludingthese amounts, incomefor the period increased by £8.986111%1. ofwhich £8.835 was accounted for
bythe rise in revenuefrom room hire during periods when the basewas not required bytheTe8m.
Welcome as th8t increase was. the Te8m's operatingcosts rose by £20,731 {37%1. This included an 8ddition81
£4,500 in respect ol vehicle maintenance. repairs and running Costs, É7.500 renewin8 team waterproofs and
boots, an extr8 £3.500 in training cost5. an increase ot £1,500 in insurance costs and a rise of £1.800 in
depreciation charges. In addition. the Te8m's base is now 25 years old such that the incidence and size of
m8intenance costs is increasing.
In summary, unrestricted net income for the year arnounted to £4.897 {2023-2024 - £15,134). wlth a furth8r
£4,609 increase In respect of fixed assets purchased from restricted donations. In addition the interest on the
charity's cash deposits tot811ing £4.721 was added to the designated reserves. Total net assets increased to
£896.545 from £886.094. including restricted funds of £271 {2023-2024 - £4,047). Cash balances stand 8t
£418,88912023-2024- £398,958). The reasons for the cash reserves 8re 8xpl8ined below.
Fund8 Reserves Pollcy
Thetrustees havedeterminedth8ton8vèrageth8 runnlngcostsofthechartyare£45,OOOto£50.000 perannum.
Being 8 charity that relies purely on public donations the trustees have further determined that it is appropriate
lo hold reserves equivalent to years, costs. Excluding depreciation, the cost of delivering the charity's
objectives forthe year 8nd8d 31" March was £51.832 in 2024-2025. £32.899 in 2023-2024 and £59,048 in 2022-
2023, an average of £47.926. Accordingly. the reserve of £90,000. plus accrued interest, presently held is
considered appropriate.
As described above, the operating reserve excludes deprociation. Nonetheless the trustees recognise the need
to plan for the replacement of the four, specialist. vehicles the charity uses. To that end, a further reserve of
£200,000 plus accrued interest is held to fund this.
Following the 8CqUlSltion of thè Incldent Command Vehicle in 2022, working space at the Charity's base is now
limited. The trustees have therefore set aside a further £90.000 tOW8rds the possible expansion of the base. As
set out in the Statement of Financial Activities. the total of these reseNes. £380.000. plus accrued interest of
£4,721, are now held as deslgnated funds.
Followlng 8 reorganisation straddling the yeaT end date, all reserves are held in a range of interest-bearing
accounts, 811 of which are protected by the Financial Services Compensation Schem8.

Swaledale Mountain Rescue Team
Trustees. Annual Report (¢ontinuedl
Year ended 31" March 2025
Rlsk Management
The rrustees actively review the major risks which the chartty faces on a regular basis and believe that
maintaining reserves at current levels. combined with an annual review of the controls over key financial
sysrems. will provide sufficient resources in the event of adv8Tse conditions.
Thetrustees have also examined the opeiational risksfaced bythe charity and conflrm th8tthey have established
systems to mltigate the significant risks.
Beyond theflnancial and operation81 risks. it is worth reit8r8tlngthatthe Team is populated entirely byvolunt8ors
who give up thelr time to help people and animals in distress. By its very n8ture thls servic8 Can also bring with it
mental stress. To address this the Team has members within the organisation to whom volunteers can turn for
help and support. Furthermore. whilst it would be wrongto single out any one p8rticular volunteer. it18 necessary
to highlight the additlonal stress risk that the incre8sing complexities of appropriate governance 8nd du8
mana8eri81diligence puton someteam m6mbers. Swaledale Mountain RescueTeam8re not alonè inthis regard
and possibly 8t18ss riskto some otthe busierteams. NotbMthst8ndingthis. the Issue de98Nes recognition In this
report.
Publlc Beneflt Conflrmatlon
The Trustees confirm that they have complied with the duty In Section 1715) of the Charitie8 Act 2011 with regard
to public benefit guidence published bythe Charity Commission.
Approved bythe Board on 26" April 2025 8nd signed on their behalf by:
T. Cain Ichair)
J. Gill
rd(T
asureTI

Swaledale Mountain Rescue Team
Year ended 31" March 2025
STATEMEMf OF TRUSTEES, RESPONSIBILITIES
Charlty law requires the trustees to prepare statements of account for each financial year in accordance with
applicable law and United Kingdom Generally Accepted Accounting Practice (UK GAAPI. In preparing those
financial statements. the trustees ar8 required to:
select suitable accounting policies and apply them consistently-
obseth thè methods and principals in the relevant Charities SORP:
mak8 judgements 8nd estim8te8 that are re8son8ble and prudent:
state whether 8pplicable UK accounting standards have been followed subject to any mat8rial
departures disclosed and explained in the tinancièl statements:
pr8pare the fin8nci81 statements on the goin8 concern basis unless it is inappropri8te to prèsume that
the charity will contlnue In operation.
The trustees are responsible for keeping proper accounting records which are suff iclent to show and explain the
charity's transactions 8nd to dlsclose with re8son8ble accuracy at any time the financial position of the Charity.
and to enable them to ensure th8t 8ny statements of account comply with the requirements of the Charltles Act
2011, the Charity (Accounts and Reports) R88uL81ions 2008 and the St8t8m8nt of Recommended Practlce
ISORPI. Accounting and Reporting by Charitiès pTep8ring 8ccount$ in accordance with th8 Financi81 Reportlng
Standard applicable In the UK and Republic of Ireland IFRS 1021 leffective 1 J8nuary 20191. They are also
responsible tor safeguardin8 the assets of the charity and hence for takn'ng reasonable steps for the prevention
8nd detection of fraud and 8ny other irr8gul8rities.

Swaledale Mountain Rescue Team
Indopendeni Examlner's Report to the Trustees of Swaled8￿ Mounlaln RescueTeam
Yea¥ Ended 31 March 2025
I report to the trustees on my examination of the accounts of Swaledale Mountain Rescue Team
Ilhe chanty')forthe y8arended 31 March 2025.
R•8pon$lbS1itl•s ond Ba3ls ot Roport
As the trustees of the charty YOU are responsible for the prep8ration of the accounts In
accord8nce with the requirements of the Charities Act 2011 (the Act'l.
I report in resptset of my éxamination of the charivs accounts carried out under Section 145 of
the 2011 Art 8nd in carrwng out my examination I h8vc followod 811 the applicable Directions
given by the Charity Commission under sectlon 14515llbl ot the Act.
Indapandent Examlner'8 Stat•mént
I have completed my examination. l confirm that no material matters have come to my attentlon
in connection with the examination gjving me cause to believe th8t in any mat8rial respect:
accounting records w8re not kept In rg8po¢t of the ¢harlty 88 required by section 130
of the Act; or
the aGcounts do not aG¢ord wlth those records: or
the accounts do not complywith the applicable requitements concorningthe form 8nd
content of 8c¢ount$ Set out in the Charities (Account3 and Reports) Reguialions 2008
other than ony requirement thai the accounts givg a 'true and fair, view which is not
matter considered os Part of an independent examination.
I have no concerng and heve come Bcro33 no other matter9 in connection with the examination
to which attention should be dravm in this report in order to en8ble o proper understanding of the
account8 to be reached.
J8ne Ascroft FCA MAICantabl
Independent Examiner
Enterprise House
H8rmire Enterprise Park
Barriard C8Stle
County Durham
DL12 8XP

Swaledale Mountain Rescue Team
Statement of flnan¢lal actlvltlas
Notes
Year ended 31 March 2025
Year ended
31 Mar¢h 2024
Total
funds
{comblnedl
Unrestrlrted Designated Restricted
funds
funds
funds
Totsl
lunds
Income and endowments from:
Donations and legacies
Trading activities and fund
raising
Investments
59.360
3,286
62.646
85,177
27.208
27.208
4.721
19,407
3,461
4,721
86.568
4.721
3.286
94.575
108.045
Expendltura on:
Charitable activities
Raising funds
76.696
4,975
2.453
79.149
4,975
55.965
11,204
81,671
2,453
84,124
67,169
Net Incom•
4,897
4.721
833
10,451
40,876
Transfers between fund8
4.609
{4.6091
Net movement In lund8
9.506
4.721
13.7761
10,451
40.876
Reconclllatlon of funds:
Total funds brought forward
502.047
380,000
4,047
886.094
845.218
Totalfunds carried forward
511.553
384.721
271
896.545
886.094
The statement of financial activtties includes all gains and losses recognised in the year.
All income and expenditure derive from continuing actsvities.
10

Swaledale Mourrtain Rescue Team
Statement of flnan¢ial position
31 March 2025
31 March 2024
{combined)
Fixod a886t8
Tangible assets
11
473,411
485,615
Current a$set•
Debtors
Cash at b8nk and in hand
12
8.487
418,889
2.121
398,958
427.376
401.079
Cr•dltors: amounts falUn8 du•
wlthln on• y•ar
13
4,242
600
N•t current aMets
423.134
400,479
Total au•ts l•M curront liablUtI
896,545
886,094
Tota( n•t a•#•t•
896,545
886.094
Funds of the charlty:
Unrestrlcted fund3
Designatedfunds
Restricted funds
14
14
14
511.553
384.721
271
502.047
380,000
4.047
14
896.545
886.094
Thes6 financlal statements Nwre approved ty the board of trustees and authorised for issue on 26 April 2025
and are signed on behalf ofthe l)oard ty.
T. Cain (Chairl
J. Gille
surer)

Swaledale Mountain Rescue Team
Notes to the Finan¢ial Statements
Year ended 31 Mar¢h 2025
1. General information
The charity is a public beneflt èntity and a registered charity in England and Wales, number 1201870. It is
a charitable incorporated organisation. The address of the principal office is Swaledale Mountain Rescue
Team. Hipswell Road West, Catterlck Garrison DL9 3EH.
2. Stsiemont of compllance
These financial statements have been preparod in compliance with FRS 102. 'The Financial Reporting
Standard applicable In the UK and the R8public of Ire18nd'. the Statement of Recommended Practice
applicable to charities preparing th&ir accounts in accordance with the Financial Reporting standard
applicable in the UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS 1021) and the Charities Act
2011.
3. Accountlng policle8
Ba818 of prèparatlon
The financial statements. which have been prepared on the historic81 cost basis. have been drawn up
under the merger accounting rules to include the income, expenditure. assets and liabilities of
unincorpor8ted charity Swaledale Mountain Rescue Te8m, ch8rlty numbèr 501885. 88 well as those of
the ch8rity itself.
The financial statements are pr8P8red in sterling. which is thefunctlonal cU￿encY of thè entity.
Golng¢on¢orn
There are no materi81 uncert8intl8s 8bout the charftys abllity to continue to operate.
Judgement8 and key 8our¢os of e8tlmatlon uncertalnty
The preparation otthe financial statements requires management to m8k8 judgements. estim8tes end
assumptions that affect the amounts reported. These estimates and judgements are continu811y
reviewed and are based on experience and other factors. includingexpectations otfuture events that arg
believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are avallable for use at the discretion of the trustees to further any of the charity's
purposes.
Designated funds are unrestricted funds earmarf(ed by the trustees for particular future projects or
commitment$.
Restricted fun(Js are subjected to restrictions on their expendrture declared by the donor or through the
terms of an appeal. and fall into one of two sub-¢18sses: restricted income funds or endowment funds.
12

Swaledal8 Mountaln Rescue Team
Notes to the Financial Ststements
Year ended 31 March 2025
Incomingresources
All incoming resources are Included in the statement of financial activitieswhen entitlement has passed
to the charity. it is probable that the economic benefits associated with the transaction will flow to the
charityand the amount can be ￿liablY measured. Thefollowing specific pob'cles are applied to particular
categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the gift.
receipt is prob8ble and its amount can be measured reliably.
legacy income is recognised when receipt is probable and 8ntitlement is established.
income from trading and fund raising activities is recognised by reference to the point at which the
associated economic beneftt passes to the purchaser.
investment income is recognised atthe point the ¢h8rity becomes entltled to the funds.
no 8mounts are included for the contribution of general volunte&rs.
Re8our¢o$ expended
Expenditure is recognised on an accruals basis 8s the liability is incurrèd. Expenditure includes any VAT
which cannot be fully recovered and is classified under the headings on the statement of financial
activities to which it relates:
expenditure on charitable activities ineluda$ all cost8 incurred by the charity in delivering its
charitable objectives. including those support costs and costs relating to the governance of thè
charity apportioned to charitable activities.
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitabl8
trading activities an(J the sale of branded merchandise.
All costs are allocated to expenditure categones reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
belMeen the activities they contribute to on a reasonable. justifiable and consistent basis.
Operating leases
Lease payments are recognised as an expense overthe lease term on a straight-iine basis.
Tangible assets
Tangible assets are initially recorded at cost and subsequentty 5tate(J at cost less any accumulated
depreciation and impainnent losses.
13

Swaledale Mountain Rescue Team
Not88 to the Flnancial Ststoments
Yearended 31 March 2025
Depreciation
Depreciation is calculated so as to vKite off the cost of an asset. less its Yesidual value. over the useful
economic life of that asset as follows=
Freehold property
Rescue equipment
Motor vehicles
Fixtures and f ittings
- 1% per 8nnum on cost
- varying rates between 1096 and 50% per annum on cost
25% per8nnum on 8 reducingbalance basis
varying rates bettveen 2% and 10% per8nnum on cost
Impalrment of flxed 888ets
A review for indicators of impairment Is c8rried out at each reporting date. with the r8cov6rab18 amount
being estimated where such indicators exist. Where the c8rryingv8lue exceeds the rgCOV8rable amount.
the asset is wrltten down 8ccordinoy. Prior impaiments are also reviewed lor possible reversal at 88ch
reporting date.
Flnanclal Instrument8
A financial asset or a financial liability is recognised only when the charity becomes a party to th8
contractU81 provisions of the instrument.
The ch8rity only has financial instruments which f811 to be ¢Lassed as basic financial instruments. wlthln
the deflnitions of FRS 102. Thesa arè initially recognised at the amount Teceivablè or p8y8ble including
8ny related transaction costs. Current assets and current liabllltles are subsequently measured at thè
cash or other consideration expect to be paid or réceived and are not discounted.
Debtors
Debtors 8r6 measured at the amount expected to be received in the following accounting period in
rèspect of revenue eamed but not received in the current reporting period.
Cash at bankand In hand
C8sh at bank and in hand solely represents funds held in bank current and deposit accounts.
Credltors
CreditOFS and provisions for liabilities are recognised on the basis of costs known or estimated to hav8
8risen during the reporting period. the 58ttlement of which has not occurred by the balance sheet date.
14

Swaledale Mountain Rescue Team
Notes to the Flnanclal Statements
Yearended 31 March 2025
4. Donations and legacies
Unrestricted
Funds
Restricted
tunds
Total Unrestricted Restricted
funds
funds
funds
2025
Total
fund8
2024
(oomblned)
Donations
Don8tion$ in kind
Grants
Legacies
Collection boxes
42,969
4.147
2.036
45.005
4.147
1.250
50.924
1,070
51,994
1.250
24.672
24,672
12.244
12.244
8,511
8.511
59.360
3,286
62.646
59.435
25.742
85,177
Don8tiorbS in kin(J represent insur8nc6 premiums paid by Mountain Rescue England and Wales on bohalf of the
Charity, comprising £2.558for motor vehicles and É1.589for public liability. Similar premiumswere paid in 2023-
2024 but were not reflected in the financi81 statements.
5. Tradlng actlvlt108
Unr88trlcted
lund8
Restrlcted
funds
Total Unro8tr1cied R08tr1cted
lunds
funds
funds
2025
Total
fund8
2024
(combined)
Room hire
FuniJr8ising
27.111
97
27.111
97
18.276
1,131
18.276
1,131
27,208
27.208
19.407
19.407
6. Investments
Unrn8trf¢tod Designolod A8strletsd
funds
fth)d$
lunds
Totri
nds
2025
Unreslri¢ted DeslKnat8d RestriBted
funds
fund$
funds
Totsl
funds
2024
Interest on deposits
4.721
4.721
3.461
3,461
3.461
15

Swal8daLe Mountain Rescue Team
Notes to th8 Financial Ststements
Yearended 31 March 2025
7. An8ly818 of expendlture on charltablo a¢tlvltl8$
Actlvltles Support
und*tskon Cos
Totsi
A¢tMtlo9 Support Gr4nts
Costs undortakett ¢os
2025
Totsl
costs
2024
Se8rch & rescue work
Defibrillator donation
Search dogjackets
53.572 23.124
76.696
2.250
203
37.549 18,416
55.965
2,250
203
53.572 23.124
2,453 79,149
37.459 18,416
55,965
8. Govornanco co$ts
In¢luded within support C08ts are the following expenses relating to the strategic running of the charlty..
2025
2024
Icomblnod)
Independent examineT'¥ fees
Regulatory costs
Advertising for new trustees
B&nkch8rges
Administration expen89s
720
35
498
90
539
228
22
1.005
1.127
9. Analy818 of expendlture on r8181ngfunds
2025
2024
Icombinedl
Utilrty costs relating to room hire
Donation platform Subscription
4,604
371
11,024
180
4.975
11,204
16

Swaledale Mountain Rescue Team
Notes to the Financial Statements
Y8arend8d 31 March 2025
10. Net Income
Net income is stated after charging:
2025
2024
(¢omblnedl
Depreciation of tangible fixed assets
Oper8ting lease rentals
24,864
371
23.066
180
25,235
23,246
Statt 008t8
The average head count of employees duringthe year was Nil12023: NIII.
No employee received employee benefits of more than £60.000 durlng the ye8r12023: NIII
Trustee remuneratlon 8nd exp￿801
No r8muner8tion or other benefits from employment V￿th the charity were re¢8ived by the trustees. Mileage
expenses totalling £121 were pald to trustees representlngthe Charity 8t MREW events.
Related party tran8actlons
During the period the Ch8ir of Trusteeg. T. C8in. paid the charity £1.688 {2024: £1.5641 for the hire of training
rooms. The r8te paid was the s8m8 88 the ch8rges made to other third party users.
17

SwaLedaLe Mountain Rescue Team
Notes to the Financial Statements
Year ended31 March 2025
11. Flxed assets (Comblned)
Freehold
Rescue Flxtur88 &
property equipment ffttings
Motor
vehicles
Total
Cost
As at 1 Aprll 2024
Additions
Disposal8
419.287
201,781
12.451
14,8161
18.306
209
178.414
817,788
12,660
14.8161
A8 al 31 March 2025
419.287
209.416
18,515
178,414
825.632
D8preclatlon
A$ at 1 April 2024
Added
Written backon disposals
12.579
4.193
160.242
11.472
14.8161
16.863
219
142,489
8,980
332,173
24.864
14,8161
A8 at31 March 2025
16.772
166,898
17,082
151.469
352.221
Carrylng amount
AS at31 March 2025
402,515
42.518
1.433
26,945
473,411
As at 31 March 2024
406.708
41,539
1.443
35.925
485.615
All the assets at 31 Merch 2025 and 31 March 2024 are unrestricted 8sset3.
Additions costing £4.60912024: £22,181) during the year vlere purchased using restricted funds.
By making the purchases. the restFiCtions attaching to the donations were satisfied.
12. Debtois
2025
2024
(Comblnedl
Debtors
P¥epayments and accrued income
4.764
3.723
2,121
8.487
2.121
18

SwaledaLe Mountain Rescue Team
Notes to the Financial Statements
Y8arended 31 March 2025
13. Credltors: amounts falling due wlthln ono year
2025
2024
(combined)
Accruals and def8rred income
4.242
600
14. Analys18 Ot ¢harltable fund8 (comblned)
As at 1" Aprll Income Expenditure
2024
Transfers
As at31 MarGh
2025
Unre8trlcted funds
D6slgnatod lunds:
Vehicle replacement
Base extension
Operational reserve
Restrlcted fund8 '.
Thornborough Lodge
NESRA
Defibri118tor
Movement for Good
Se8rch Dog Fund
502.047
86.568
{81.6711
4.609
511.553
200.Q)O
90.000
90.000
2.485
1,118
1.118
202,485
91.118
91.118
2.573
12.5731
11.0361
1.036
1.250
1.000
1.000
{2.250)
11.0001
474
1203}
271
886.094
94,575
184,124)
896,545
A8 at 1" Aprll Incomo Exponditure
2023
Tran8fer8
A8 at31 Mar¢h
2024
Unrestrlcted fund8
Deslgnatsd funds:
Vehicle replacement
Base extension
Operational resefve
Restricted funds:
Thornborough Lodge
Defibrillator
Search DogFund
845,218
82.303
(67.1691 1358.3051
502,047
200.000
90.000
90.000
200,000
90.000
90,000
24.672
1.000
70
{22.0991
2,573
1.000
474
404
845,218
108.045
167.169)
886,094
19

Swaledale Mountain Rescue Team
Notes to the Financial S&￿8m•￿t$
Y8arend8d 31 March 2025
15. Analysls ottran8fers between funds (comblned)
Unrestrict8d De$ignat8d Re8trlcted
funds
lunds
funds
Year ended 31° March 2025
Total
Restricted funds released upon purchase of
specrfied assats
4,609
14.6091
Unr88trlctèd D081gnated Rostrl¢t8d
funds
fund$
funds
Perlod ended 31" March 2024
T¢)tal
Funds designated towards vehicle replacements
Funds designated tow8r(Js base extension
Oper8tion81 Teserves
Restricted fund separated from unrestricted funds
Restricted funds released upon purchase ot
specified 8ssets
{200.0001
{90.0001
{90.0001
{4861
200,000
90,000
90.000
486
22,181
{22,1811
1358,305)
380.000
121.6951
Fund not88
Deslgnatad lund$:
The charity operatos a fleet of four vehicles to facilitate its rescue work. The oldest of these are two Land Rovers
first registered in 2010 and the newest, avw Incident Command Vehicle acquired in October2022. £50,000 per
vehicle has been set aside towards their eventual replacement.
Following the acquisition of the Incident Command Vehicle, space at the charlty's base on Cattefick Garrlson
has become tight. Accordingly, the Trustees set asid6 È90.000 of reserves towards the possible extension of the
base within the footprint of land already owned at the site.
The annual runnlng costs of the charityfluctuat8 year on yearflue to factors such as the number of call-outs, fuel
prices and utility costs. Nonetheless the Trustees have deteimine(J that £45.000 p.8. is representative 8ver8ge.
All the fundingfor these costs comes from the gener81 public. usually in small amounts. As a result the Trustees
believe it is approprlat6 to hold two years of operating costs as a designated reserve.
All designated funds are held on Oeposlt and the interest èamed on the deposits during the year has been
8PPOrtioned between thefunds.
20

Swaledale Mountain Rescue Team
Notes to the Financial Ststements
Yearended 31 Mar¢h 2025
Restrlcted funds:
The following movements occurred durin8 the year:
1. The remaining £2.573 of lunds donated in 2023-24 was spent on replacement rescue and medical
equipment.
2. A contribution from the North East Search and Rescue Association of £1,036 towards the cost of vecuum
body splints was fully expended.
3. Afurther £1.250 was donated towards the cost of installing a publicly accessible defibri118tor 8t the Catterick
b8se, bringing the total to the target figure of £2.250. As a result the funds were passed over to Heart of
Catterick who have now instslled and taken overthe responsibilityforthe equipment.
4. £1,000 was received from the Movement for Good towards the cost of replacement caving suits, all of which
Was spent during theyear.
5. £203w8s spent on dogj8¢kets. leavingayear-end balance of £271 inthe Search Dogs Fund.
16. Analy818 of net a88Ot$ botwa8n funds Icomblned)
Unre8trlcted 088lgnatod Re8trlct8d
funds
funds
funds
Total
A8 at 31 March 2025
Flxed assets
Debtors and prepayments
Cash at b8nk
Creditors and accruals
473.411
8.487
33,897
14.2421
473.411
8.487
418,889
14,2421
384.721
271
511,553
384.721
271
896.545
Unrestricted Designated Re$trl¢ted
funds
funds
funds
Total
A8 at 31 March 2024
Fixed assets
Debtors and prepayments
Cash at bank
Creditors and accruals
485.615
2.121
14.911
16001
485.615
2,121
398.958
16001
380.000
4.047
502.047
380.000
4,047
886.094
21

SwaLedaLe Mountain Rescue Team
Notes to the Flnanclal Statements
Year ended31 March 2025
17. Dl$¢lo$ur88 relatingtothe merger
The financial statements present the merged results and assets of the unincorporated charity Sw8led818
Mountain Rescu8 Team No. 501885 and the charitable incorporated organisation Sw8ledale Mountain Rescue
Team No. 1201870 (incorporated 8 February 20231. with whom itwas agreed to merge by resolution d8t8d 25th
April 2023.
The income, expenditure. gains and losses ofeach charityand ofthe merged charity 8Te detailèd below.
together with 8n analysis of the net assets of each at the date of the merger.
An8lysl8 of prlnclpal SOFA compon•nts
Y•ar ended 31 March 2025
Year end8d31 March 2024
Swaied81•
MRT
No. 501885
Sw•i•dale Comblned
MRT
total
No. 1201870
•4aiodaio &¥alad8lo Comblned
MRT
MRT
tot81
No. 501885 Nth 1201870
Tot81 income
Tot81 expenditure
94.575
184,1241
94.575
184.124)
9,928
98.117
108,045
19,9781 {57.1911 167,1691
Nei income
Merger transfer
10.451
845.168
10.451
(50)
40,926
40.876
1845,168)
Net movements In funds
1845,1681
855.619
10,451
1501
40.926
40,878
Tot81 funds brought forward
845.168
40,926
886.094
845.218
845,218
Totalfunds cafrièd forward
896.545
896,545
845,168
40.926
886.094
Analys1$ of net assets at tho date of merger
AS at 25 Aprll 2023
Sw81odaie Sw?1od810 Comblnod
MRT
MRT
total
No. $01885 1201870
Net assets
845,168
845.168
Represented by:
Unrestricted funds
845.168
845,168
Totalfunds
845.168
845,168
22

SwaLedale Mountain Rescue Team
Notes to the Financial Statements
Yearendèd 31 March 2025
18. Contingent (iabllities
The title deed relating to the charl￿S ownership of the operating base Contains a charges register referring to
restrictive covenants and 8n obligation to pay addition81 monies to the Mini8try of Defence. Enquirles ere on-
going in an attempt to obtaln futTher information. but at this time the trustees do not b81i8ve the charity is in
breach of the covenants or liable to Pay any additional monies.
23