Solent Sea-Rescue Organisation Accounts For the year ended 31 March 2025 Solent Sea.Res¢ue Organlsallon Trustee Inform(thon Registered Number. 277791 Trustees . Andrew Bofbef Pomela Oddy Howord Burgess Members: Hampshire County Council Eostleigh Borough Council Fareham Borough Council Freshwater Lifeboat Gosport ond Foreham Inshore Rescue Gosport Borough Council HM Coastguard Hovont Borough Council Isle of Wight County Council New Forest District Council Portsmouth and Southseo Voluntary Lifeguards Portsmouth City Council Ryde Inshore Rescue Sandown andshanklin Inshore Lifeboat Solent Rescue Southampton City Council Slanswood Beach Rescue Principal adckess Hampshire County Council The Costle Winchester Hompshire S023 8UB Independent Examiner. ALP Accountoncy Ltd 19 Beaufort Close Lee on the Solent Hampshire P0138FN Contents Page Trustee5' report 3-4 Independenl E¥aminer5' repcrt &6 statement of finonciol activities Balance sheet Notes to the occounts 9-12 Solent Sea-Rescue Organlsallon Trustees, Report The Trustees present Iheir report and the financial slotements for the charity for the year ended 31 Morch 2025. Prfnclpal Acllvllles The Chority is established lo preserve or assist in the preservation of life and prevention of injury at seo on the foreshore of the Solenl ond on the beaches of the counties of Hampshire and the Isle of Wight. In the furtherance of these oclivities. but not further or othe￿iSe, the powers of the charity ore os sel out in its conslilution. The accounting policies adopted to further these objectives ore set out in note I lo the financial stalemenls. There have been no material changes to these policies in the year. Revlew ond Results We ore grateful to local oulhorities for contribulions received during the year: two local oulhorilies contribvled a total of £66.567. We are also groteful for ony other donations received. There were no grants or loans given to beach ond sea rescue units in 2024125. The support we hove given to the voluntary beoch and seo rescue units towords their units, running expenses has enobled them to respond lo many incidents during Ihe yeor. R•$ponslbllllle$ ol th• trustees Law applicable lo chorilies in England and Wales requires the trustees to prepare financial stolements for eoch financial year which give a true and fair view of the chorily'5 financial activities dvring the year and of its financial position at the year end. In preparing these financial stalemenls. the trustees have needed to: selecl suitable accounling policies and Ihen app￿ them consislen1￿. make judgements and eslimates that are reasonable and prudent: stale whether applicab￿ accounting slandards and statemenls of recommended Fyactice have been followed. subjecl to any departures disckssed ond explained in the financial stalements". prepare Ihe financial stalemenls on the going concern basis unless it is inoppropriale to presume Ihal the charity will continue. The Irustees are responsible for keeping accounting records which disclose wilh reasonab￿ accuracy the financial position of the charity and which enable them lo ensvre that the financial slalements compW wilh the trust deed. They are also responsible for safeguarding the assels of the chorily and hence for toking reasonable steps for the prevention ond detection ol fraud and other I￿egUkjn1ies. Manag•m•nt knong•m•nts The charity is governed by its Iruslees. ehalf of Ihe Irustees on This report was approv signed on ther behalf by .and 'Chairmon. Solent Sea-Rescve Organtsallon Independenl Examiners. Report Independent Examlnerfs Report lo Ihe Trustees ol the Solenl Sea Rescue Organlsallon - Charlly Number 277791 I report on the accounts for the yeor ended 31 March 2025 which are set out on pages 7 to 12. Respeclfve responslbllllles of the Solent Sea Rescue Organlsaffon and Independent Examlner The Solentsea Rescue Organisotion considers that on audit 15 nol required for this year undersection 144121 of the Chorities Act 2011 Ilhe 2011 Act) and that an independent examinotion is needed. 11 is my responsibility lo: examine the accounts under section 145 of the 2011 Act: follow the procedures laid down in the Generol D￿ectIonS given by the Chority Commtssioners section 145151 Ibl of the 2011 Act.. ond lo state whether particular matters have come lo my ottention. Ba$1$ of Independent Examlnefs Stalement My examinotion wa5 corried oul in accordance with the General Directions given by the Chority Commission. An examination includes a review of the occovnting records kept by the chority and o comparison of the occounts presenled with those records. 11 also includes consideration of any unusual items or disclosures in the accounts. and seeking explonolions from the manogement committee concerning ony such matter5. The procedures undertaken do not provide oll the evidence that would be required in o full audil. and consequently I do not express on audit opinion on Ihe accoun15. Independent Examlnerfs Slalement In connection wilh my examination. no matters have come to my attention which give me reosonable cause lo believe that in ony materiol respect the requirements . lo keep accounting records in accordance with s.130 of the 2011 Act." or . lo prepare accounts which accord wilh these accounting records have not been met: or towhich, in my opinion. attention should be drawn in orderto enable a proper understanding of the accounts lo be reached. A Lotcham Pock ACMA CGMAII-KRQBI ALP Accounlancy Ltd 19 Beaufort Close Lee on the Solent Hampshire P013 8FN Solent Sea-Rescue OTganlsalk)n stalement of Flnonclal AcllvlHes the year ended 31 March 2025 Note General Fund 2024125 Income and Expenditure Incoming Resources Local authorities scole conlribulions other contributions Interest received Total Incomlng Resources 66,567 66.567 Resources Expended Direct charitable expenditure Grantsl Loans to units Insurance Repairs, renewols ond mointenance Subscription Accountancy fees Professional fees Other expendilure: Management and odministration of the charity 64.211 4.152 2￿ 395 10 Total Resources expended 69,458 Nel Incomlng resources for the year othef recognlsed galns and loss Nel movement In funds Fund balances broughl forward al l April Fund balances carfed foTh¥ard at 31 March 12,8911 12,8911 50,481 47,590 All movements relate to unrestricted Funds The notes on F)oge$ 9 to 12 form part of these accounts Solent Sea-Rescue Organlsallon Bolance Sheel as a131 March 2025 Note 2024125 Current Assets Prepayments Debtors Cash held 6.7&9 10 47,790 Liabilities: amounts falling due within one year Net ossets General Fund 8&12 47.590 Approved by.......... . Boord of Trustees on . and signed on its beholf by . Honorary Treas￿er The note5 on pages 9 to 12 fom part of these occounts Solent Sea-Rescve Orgonlsollon Notes to the accounts fof the year ended 31 March 2(r25 l. Accounttng Pollcles (al Accounllng Convenllon The accounts have been prepored in accordance with applicoble accounling standards using the historical cost convention ond in occordance with the requirements of the Charities Act 2011 ond the statement of Recommended Proclice ISORPI 2CK)5. (b) Allocation of cosl Direct charitable expenditure includes oll costs incurred in delivering the charitys principol objectives. {c) Interest. granls and donations are credited to the occounts in the year in which lhey are due. 2. Local Authorfty Scale Conlrfbullons 2024125 Hampshire County Council New Forest District Council SOLENT SEA Gosport Borough Council Isle of Wight Counly Council 50.350 $97 1,340 66.567 3. Other contrlbumons 2024125 Sailing Clubs. sponsorship, donations Intangible income 4. Inlerest 2024125 Interest Received 5. Granls lo Beach and Sea-Rescue Unlts 2024125 Freshwater Lifeboot Gosport &Fareham Inshore Rescue Portsmoulh & Southsea Voluntary Ryde Inshore Sandown & Shanklin Inshore Solent Rescue stanswood Beach Rescue Loans lo unlts 2024125 Loon to Stonswood Beach Rescue 2024125 6. Insurance Everard Underwriting Exchange 29.649 7. Repalrs, renewals and malntenance 2024125 All insurance premiums are apportioned belween the two financial years they cover with payments relating to Ihe nexl financial year being treated os o prepayment or a creditor if paid in Ihe following financial year; this more accurately reflects the costs inCu￿ed in the current financial year. 8. Subscrfpllons 21Y24125 D4H Technologies Subscription costs are apportioned be￿een the Iwo finoncial years they cover with poyments relating lo Ihe next financial year being treated as a prepayment or o creditor if paid in the following financial yeor.. Ihis more occurately reflects the costs incurred in the current financial yeor. 9. Accounlancy Fees Accountancy fees are £2CO.CQ as an accTUOI. 10. Profe$slonal Fees Professional fees are £395.CQ for the year. 1 l. Management and Admlnlstratlon of the Charfly 2024125 Administration expenses Independent Examinotion of the Accounts Travel costs Prepayments 2024125 Insurance FX]id in advance Subscription paid in advance Deblors 2024125 Short lerm loans There were no debtors within Solenl Seo Rescue Orgonisalion in ￿24/25 or in 2023124. I l. Cash held by Hampshlre County CouncH Cosh is held on deposit ot Hampshire County Councll. Credltors 2024125 Administration expenses Trovel costs Independent Examination of the Accounts Grant to Beoch ond SetrRescue Units Trustees, remuneratk•n No trustees received any remuneralion or reimbursed expenses in either the current or preceding year.