Trustees, annual report foi the period CHARITY COMMISSION FOR ENGLAND AND WALES Period starl date EJk7 Period end date I lo Charity name W<¢J (harity No (if any) olo Objectives and Activities SORP reference Summary of the purposes of the charity as set out in its governing document Summary of the main activities in ielation to those purposes lor the public benefit, in particular, the activities, projects 01 service5 identified in the accounts. Stalement confirming whether the trustees have had regard lo the guidance issued by the Chaiily Commission on public benefit Para 1.17 Para 1.17 and 1.19 rj Para 1.18 Additional information (optional) You may ch005e to include further slatemenls where relevant about.. SORP reference Policy on grant rnaking Pala 1.38 Policy on social investment including progiam related investment Pala 1.38 Contribution made by volunteeis Para 1.38 2L¥ SL ar other Charity Accounts lemplales Trustees. annual ieporl lor the period Oclobei 2016 2018 Achievements and Perfoimance SORP reference Para 1.20 Summary of the main achievements of the chaiily, idenlifying the diflerence the charity's work has made to the (iicumstances of its beneficiaries and any wider benefits to society as a whole. £6 &&aLKI.L •*L¥I > SLtP&- 0￿rL . K- 3ES b4-L5 . Additional information (optional) You may choose to include fu(ther slatements where relevant about: SORP reference Achievements against objectives sei Para 1.41 Pe(formance of fundraising activities against objectives sel Para 1.41 Investment performance against obieciives Paia 1.41 Other Charity Accounls lemplèles- Trustees, annual report for the period October 2016 3018 Finain,cial Review SORP refeience Para 1.21 Review of the charity's financial position at the end of Ihe period Statement explaining the policy for holding reserves slating why they are held Amount of reserves held Para 1.22 Para 1.22 Reasons for holding zero fe5erves Para 1.22 Detai15 of fund materially in deficit Para 1.24 Explanation ol any uncertainties about the charity continuing as going concein Para 1.23 Jk Additional information (optional) You may choose 10 include further statements where relevant about.. SORP reference The charity's principal sources of funds (including any fundraising) Para 1.47 ljm , Inve51fflent policy and objeciives including any social investment policy adopted A de51fipiion of the piincipal risks facing Ihe charity Para 1.46 Para 1.46 Olher Charity Accounts lemplales Trustees, annual report for the period October 2016 4018 Structuie, Governance and Management Description of charily's trusts: SORP reference Para 1.25 Type of governing document (Irusl deed, royal chailer) HOW IS the charily constiluted? {e.g unincoipoiated association, CIO) Trustee selection tnethod5 including details of any constitutional provisions e.g. election to post or name of any person 01 body entitled to appoint one or more trustees Pala 1.25 Paia 1.25 Additional information (optional) You may choose to include further statements where relevant about= SORP iefeience Para 1.51 Policies and proceduies adopled for the induction and tiaining ol tiustees The charity's organisalional sliucture and any wider network with which the charity works Relationship with any related parties Para 1.51 Para 1.51 Other Charity Accounts lemplales Trustees, annual reporl lor Ihe period October 2016 5018 Reference and Administrative details Charity n3me Other name the charity uses Registered charity number Chaiity's principal address Oe)o i¥S . Names of the chaiity trustees who manage the charity Office (if any) Dates acted il not for Name of person {or whole year body) entitled to appoint trustee (il any) Tiustee name 10 11 12 13 14 15 16 17 18 19 20 Chorily Accounts lemplales -Tiuslees' annual report for the period October 2016 6018 Reference and Administrative details (cont) Corporate trustees - names of the directors at the date the report was approved Directoi name Name of trustees holding title to property belonging to the charity Trustee name Dales acted if not for whole year Charity Accounts lemplales - Trustees, annual report loi the peiiod Oclobei 2016 7018 Funds held as custodian tiustees on behalf of others Description of the assets held in this capacity IbHE OHb CQOrt< Natne and objects of the charily on whose behalf the assets are held and how this13lls within the custodian charity's objects Details of aiiangements for safe custody and segregation ot such assets from the charity s own assets Additional information (optional) Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or name5 of senior staff members (Optional information) Exemptions from disclosure Reason for non-disclosure of key personnel details other optional information Charity Accounts lemplales - TIu51ees' annual report for the peiiod October 2016 8018 Declarations The tiustees declare that they have approved the trustees, report above. Signed on behalf of the Iharity's trustees Signatuie{s) Full name(s) ￿tsy)1 Position (eg Secietaiy, Chair, etc) OfCiCC-(L Date 21 4,loL9 Charily Accounts templates- Trustees, annual report foi the period October 2016 DUDDON INSHORE RESCUE UNAUDITEDACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024 DUDDON INSHORE RESCUE BUSINESS INFORMATION Accountants Redhead Accountancy Ltd Bank House Griffin Street Broughton-in-Furness Cumbria LA20 6HH DUDDON INSHORE RESCUE CONTENTS Page Accountants, report Profft and loss account Balance sheet Notes to the accounts DUDDON INSHORE RESCUE CHARTERED ACCOUNTANTS. REPORT TO THE PROPRIETOR ON THE UNAUDITED ACCOUNTS OF DUDDON INSHORE RESCUE In accordan￿ with the engagement letter dated 19 November 2020. we have prepared for your approval the accounts of Duddon Inshore Rescue for the year. Set out on pages 2 to 4 from the entitys accounting records and from information and explanations you have given to us. As a practising member firm of the Institute of Chartered Accountsnts in England and Wales, we are subject to its ethical and other professional requirements vthich are detailed at icaew.comlmembershandbook. This report is made solety to you, in accordance with the tenns of our engagement letter dated 19 November 2020. Our work has been undertaken solely to prepare for your approval the accounts of Duddon Inshore Rescue 8nd state those matters that we have agreed to state to you in this report in accordants with the guidance of ICAEW. To the fullest extent permitted by law, we do not accept or assume responsibilty to anyone other than you. for our work or for this report. You have approved the accounts for the year and have acknowledged your responsibility for them. for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not. therefo￿, express any opinion on the accounts. Redhead Accountancy Ltd 17 Febwary 2025 Chartered Accountants Bank House Griffin Street Broughton-in-Fumess Cumbria LA20 6HH DUDDON INSHORE RESCUE DETAILED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 Turnovor Special Events Donations 1,572 40,220 3,353 38,798 41.792 42,151 Dlstributlon ¢￿ts Depreciation 6,887 5,589 (6,887) (5,589) Admlnlstratlve 8xpenses Staff training Rates Insurance Light and heat Repairs and maintenance Prinling, postage and stationery Telephone Motor running expenses Professional Costs and subscriptions Ac¢ountsncy 3,035 109 6,129 2,270 13,485 97 767 879 35 270 240 80 4,132 1,414 3,697 674 738 823 270 (27,076) (12.068) Operating profrt 7,829 24,494 Other income Bank interest- receivable 1,594 327 Net proflt for the year 22.550 9.423 58.89% 24,821 DUDDON INSHORE RESCUE BALANCE SHEET AS AT 31 OCTOBER 2024 2024 2023 Notes Flxed assets Tangible assets 83.451 78,258 Current assets Cash at bank and in hand 88.356 84,179 Curront liabilities Trade creditors Accruals 53 270 270 270 323 Net current assets 88.086 83.856 Total assets less current Ilabilities 171.537 162.114 Capltal account At 1 November 2023 Profit for the year 162,114 9,423 137,293 24,821 171,537 162,114 In accordance with the engagement letter dated 19 November 2020, 1 approve the accounts set oui on pages 2 to 4. 1 acknowledge my responsibility for the accounts, induding the appropriateness of the accounting basis as set out in note 1 to the accounts, and for providing Redhead Accountancy Ltd with all information and explanations necessary for their compilation. Mr C McNam8e .IZ. S, léL5, DUDDON INSHORE RESCUE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024 Accounting policies 1.1 Accounting conventlon The financial information is compiled on an agreed accounting basis that.. enables profits to be calculated such as to meet the requirements of Section 25 of the Income Tax ITrading and Other Income) Act 2005., and provides sufficient and relevant information to enable the completion of a tax return. 1.2 Compliance wlth accounting standards The financial information is not intended to achieve full compliance with the provisions of UK Generally Accepted Accounting PrineAples. 1.3 Turnover Tumover represents amounts receivable from donations, fundraising and legacies. 1.4 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calcLAated to write off the cost less estimated ￿sIdUal value of each asset over its expected useful life, as follows: Land and buildings Freehold Plant and machinery Zero 200k reducing balance Tangible fixed assets Land and Plant and buildings machlnory Freehold Total Cost At 1 November 2023 Additions Disposals 55,903 143,888 17,880 (7,000) 199,591 17,880 17,000) At 31 October 2024 55,903 154,568 210,471 Depre¢iation At 1 November 2023 On disposals Charge for the year 121,333 (1 ,200) 6,887 121,333 (1,200) 6,887 At 31 October 2024 127,020 127,020 Net book value At 31 October 2024 55,903 27,548 83,451 At 31 October 2023 55,903 22,355 78,258 ## **Independent Examiner’s report on the accounts of the Duddon Inshore Rescue** I report on the accounts of the Ravenglass Railway Museum Trust for the year ended 31 October 2024, which are set out on pages 2-4 of the accounts pack. ## **Respective responsibilities of trustee and examiner** The charity’s trustee is responsible for providing the information to prepare the accounts. The charity’s trustee considers that an audit is not required under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility to: - Examine the accounts under section 145 of the 2011 Act; - To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and - To state whether particular matters have come to our attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustee concerning any such matters. The procedures undertaken do not provide as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the next statement. ## **Independent examiner’s statement** In connection with our examination, no matter has come to our attention: - (1) Which gives us reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act other than the need to apply the Charities SORP (FRSSE). have not been met; or - (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Redhead Accountancy Ltd Signed on behalf of Redhead Accountancy Ltd** Chartered Accountants Bank House, Griffin Street Broughton-in-Furness Cumbria LA20 6HH 23 June 2025