REGISTERED CHARITY NUMBER: 702278 Report of the Trustees and Unaudited Financial Statements for the Ye#r Ended 5 June 2024 for Humber Rescue Harris Lacey and Swain Suite I Th¢ Riverside Building Hessle East Yorkshir¢ HU13 ODZ
Humber Rescue Contents of the Flnanci•l Statements for the Year Ended 5 June 2024 Page Report of the TTUStees Independent Examiner's Report Statement of Ftnanclal Activities Balance Sheet Notes to the Fin#neial Statements 7 10 12 Detailed Statement of Financial Activities 13 to 14
Humber Rescue Report of the Trustets for the Y¢ar Ended S June 2024 The trustees present their report with the financial statem¢nt5 of the eharity for the year ended S June 2024. Thc trustee5 have adopted the provisions of Accounting and Reporting by Cliarities.. Statement of Re¢ommended Practice applicable to charities preparing their accounts in a¢¢ordaiice with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) Icffective l January 20191. It gives me great pleasure to present the 2024 annual report for Humber Resciie. We continue to provide a fast and responsive rescue service on the River Humber responding to over 120 call outs during ihe 2023 2024 financial year and are one of the busiest lifeboat stations in the UK. OBJECTIVES AND ACTIVITIES Objectives and aims 2024 is our 35th year as lifeboat and we have a steady crew membership of 32 volunteers. We are a fast response search and r¢s¢ue ¢harity that is managed and crewcd l OOfj/o by volunteers. Our operations Cover approximately 540 square miles ol water in¢luding th¢ River Hull. Ouse & River Humber. The River Humber has proven to be one of the niost unpredictsble stretches of wal¢r in the world. Even thc most exp¢rien¢¢d of navigators cat] gct caught oiit by th¢ shiftii)g bdndbanks and strong currents. Which is why its important rhilt w¢ are th¢r¢ to provide a responsc to any cmcrgcncy (hal may arise. This year, two of the ¢rew have also taken on the additional responsibility of organising a gala dinner to celebrate 35 years of the charity and raise additional fund. Signifi¢ant efforts have been made after covid which hit our fundraising efforts and we have managed to ¢ov¢r our op¢rating cost despite the price of fuel insurance and ulilily bills. Humbcr Res¢ue will continue to provide search and r¢scue servi¢¢s across the banks of the Huntscr estuary for th¢ foreseeable future with the help of our outstaiiding volunteers. Thc continued Iiaining and dedication of our voluiileers ensiires that we are opcrating in the safest and most efficient ways in ordcr to bring incidents to the best conclusions Possible. Pag¢ I
Humber Rescue Report of the Trustees for the Ye¥r Ended 5 June 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities During the year Humber Rescue provided a response to over 120 call outs. This can only be done through the operation of the thr¢e lifeboats stationed under the Humber Bridge in Hessle. The hard work and time our volunteers give ensures that Humber Rescue can contiiiue to provid¢ a vital service to the r¢gion sutTounding the Humber estuary Crew numbers are now at 32, four of which are ladies alld we continue as a d¢¢lar¢d facility and are using D4H Program to keep track of training, maintenance and equipment. One of our main challenges 15 the increase in price of insuran¢e equipment and suits, a suit has increased from £450 13 years ago to £1700. Petrol has increased, however the charity can claim the duly back on it. This year the charity purchased new ¢omms kits to allow volunteers to cominunicate more effectively when dealing with recuse situations allowing them to be mor¢ effective when dealing with emergency situations. Many thanks to Dorian who fitted th¢ni. The charity have upgraded their CCTV on th¢ advice of die NCA. As 2024 is our 35th year as a Charity and two crew tncmbeis have oiganised a black tie dinner al Ihc Hilton hotcl iii Elull Starting off with 20 tabl¢s 200 people however thank5 to support of If)cal firnis have sold 60 table5 With 600 people which will be a great help li) fundraising to help cover fundraising to help cover rnnning Cost for the coming year. The charity also orgini5ed 7 charity swims this year helping raise funds to cover the operaiing costs associated with ruithing the lifeboats. FINANCIAL REVIEW Principal fundsng 50urees All income for Humber Rescue is gathered from public donation, these donations vary year on year which is why a stable reserves policy is irnportanl lo eThsure the continue operation of th¢ search and rescue service. Reserves policy Elumbrr R¢scue has a policy for holduig a tnii)itnuin ies¢ive representing around six months opcratin¥ costs. Based on this the reserve currently requircd 15 £44,785 based on totsl expenditure for thc prior two years. Humbei. Res¢u¢ currently holds total fiinds of £495,153 12023 £500,344) of which £168,072 (2023 £104.753) is restricted and £327,08I12023 £395,591) is unrestricted. FUTURE PLANS In 2025 thc charity Is CODtinue ftindraise thorough cv¢nls such as the Humber Swim. Tlie charity will also cotJlinu¢ as an independent lifeboat station with a declared facility and will continue to respond to call outs across the Humber STRUCTURE, GOVERNANCE AND MANAGEMENT Governing docufflent The charity is controlled by its governtng document, a deed of trust and constitute5 an uniTr¢ory)orat¢d ¢liarity. Page 2
Humber Rescue Report of the Trustees for the Year Ended 5 June 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Org4nisatioDal structure The declaration of trust Is dated L4 November 1989. The crew of 32 voliinteer at HumbLY Rescue are of varied age. The eldest two with 34 years of service to the charity. The volunteers are made up with four female members and ttventy eight male members. Humber Rescue has three tnJst¢es and a senior crew of 51X. The trnstees meet on weekly basis at the boathouse and have meetings with sentor crew to discuss any repairs or requirements. This is discussed in detail befor¢ any action is taken with mcmbers of tlie senior t¢am and trustees agreeing when significant pureh&ses sliould be Inade. Two trustees have 35 ycars service and one has 32 years and only two have power to sign cheques and only on¢ has a physic&1 ¢redit card which saleguaTds ow bank ac¢ounts. No member of Humber Rescue claims expenses or is paid by Humber Rescue. Trustees are able to serve as long as they wish, there have been no issues or ¢on¢¢rns raised regarding this policy. New Trustecs would likely b¢ selected fro the senior crew and it is vital they have aLI undcrstalldiNg of the operatiolls and requirctnents. Dav¢ Roberts would like to thank all th¢ Lr¢w members for their continued Service and Robert Fraser of Hatris. Laccy & Swain for on¢¢ again looking after Hwnbci Res¢u¢ ac¢ounts REFERENCE Af4D ADMINISTRATtVE DETAILS Registered Charity number 702278 Prinelpal address 9 Woodside Hessle East Yoikshire HU13 OPU Tru$tee5 Mr D Roberts P Beriff l Bennett Independent Examiner HalS Laccy and Swain Suite I The Riverside Building Hcssle East Yorkshire HU13 ODZ Approved by order of the board of trustees on ....%6. IL LL .F24 and signed on its behalf by.. Mr D Roberts - Trustee Pag¢ 3
Independent Examiner'5 Report to the Trustees of Humber Rescue Independent ex4miner'5 report to the trustees of Humber Rescue I report to the charity trustees on my examination of the accounts of Humber Eiescue (the Trust) for the year ended 5 June 2024. Responsibilities and basis of report As the charity iThstees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Act,). I report in respect of my examination of the TrLV5 accounts carried out linder Section 145 of the Act and in carrying out my examtnalioi) I havc followed all applicable Directions giyen by the Charity Conunission under Scction 14515)(b) of the Act. Independent examiner's statement I liavc completed my examination. l Confirni that no material matters have come to my attention in Collnection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Seclioii 130 of the Act; or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts aiid Report5) Regulations 2008 other than any requirement that the accoLUits give a true and fair view which is not a matter con5idercd as part of an independent exaininalion. I have no con¢ems and have comc across 110 other matters in connection witli the Cxamination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be r¢ached. Ricliard D. Lacey Harri5 Lacey and Swain Suite I The Riverside Building Hessle Easi Yorkshire HU13 ODZ Date.. .1.8 - ! ! Page 4
Humber Rescue Statement of Financial Activities for the Year Ended 5 June 2024 2024 Totil nds 2023 Total nds Unrestricted nd Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and lega¢ies 3.683 63.057 66,740 66,306 Investment income 496 262 758 191 Total 4.179 63.319 67,498 66,497 EXPENDITURE ON Charitable aCtItieS General Charitable Activiti¢s 14,255 83.255 72,689 72,689 Total 72,689 72,689 97,510 NET ITrICOMEI{EXPENDITURE> (68,510) 63,319 (5,191) (31,013) RECONCILIATIOTrI OF FUINDS Total fund5 brought forward 395.591 104,753 500.344 531,357 TOTAL FUNDS CARRIED FORWARD 327,081 168.072 495,153 500,344 The notes fom) part of these financial statements Page 5
Humber Rescue Balance Sheet 5 June 2024 2024 Total funds 20?3 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 156.031 96.084 252.115 249,246 CURRENT ASSETS Debtors Cash at bank 18.284 218,357 18,284 290,345 8.878 247.719 71,988 236.641 71,988 308,629 256,597 CREDITORS Amounts falling due within one year (65,591) 165,591) (5,499) NET CURRENT ASSETS 171,050 71,988 243,038 251,098 TOTAL ASSETS LESS CURRENT LIABILITIES 327.081 168,072 495,153 500,344 NET ASSETS 327,081 168,072 495,153 500,344 FUNDS Unrestricted funds Restricted funds 327,081 l68,072 395,591 104,753 TOTAL FUNDS 495,153 500.344 Th¢ financial statements were approved by the Board of Trustees and authorised for issue 2Y- 11...k...2*............ and were signed on ils behalf by.. on D Roberts- Trustee The note5 fonn part of these financial statements Page 6
Hutnber Rescue i Otes to the Financial Stgtements for the Ye#T Ended 5 June 2024 ACCOUNTING POLICIES Basis of preparADg the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Cliarities.. Statement of Recommended Practice applicable 10 charities preparing their accounts in accordance witli Ihe Finaiicial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Stsiidaid appli¢able lil the UK and Republic of Ireland, and the Ch#ritics A¢t 2011. The financial statements have beeii prepared under the historical cost convention. Incorne All income is recognised in the Statement of Financial A¢tivities once the charity has entitlement to the funds, it is probable that the inconie will be received and th¢ amount can be measured reliably. All income re¢¢ived is accounted for on an accrual basis. Donations and legaci¢5 are intlud¢d in the income and expenditure as r¢c¢iv¢d. Any significant non-cash donatioiis are included in the iiicome and expenditure account at the trustccs cstimate of [ke( valu¢ at the tim¢ re¢eiv¢d. The value of voluntary help is not included in the accounts. Grants and other funding of a revenue iiature are d¢ferred and rel¢ased to the income and expenditure account ov¢r the period to which they relate. Bank inter¢st is included in the income and cxpendityr¢ account on an accrual basis. Expenditure Liabilitlcs are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that cxpenditure, it is probable that a transfer of economic benefits will b¢ ieqLiired in s¢ttleinent and the amount of the obligatioi) c?11 be mcasur¢d reliably. Expenditure is accounted for on an a¢¢ru2ls basis and has b¢en classified under headings that aggregate all cost related to the categoiy. Where costs cannot be directly attributed lo particular headings they hav¢ been allo¢at¢d to activities on a basis consistent with the us¢ of resources. Tangible fixed a55ets Dcpreciation is provided at the following anllual rates in ord¢r to wtite off each asset over its eslimalcd useful life. Improvcinents to property Plant and machinery Computer ¢qiiipment 2% oncost Straight line ov¢r ?0 years 200/D OTI Cost Taxation The charity is ¢x¢mpt from tax on its charitable a¢tiviti¢s. Fund accounting Unrestricted funds can be used in a¢cordan¢e with the charitable objective5 at the discretion of the trust¢¢s. Restricted funds can only be used for particular r¢stiicted purposes within the objects Df the charity. Restrictions arise when specified by the donor or when fund5 are raised for particular restricted purposes. Further explanation of the nature and purpose of ¢a¢h fvnd is included in th¢ notes to the financial statements. Page 7 conlillued...
Humber Rescue Notes to the Financial Statement$- continued for the Year Ended 5 June 2024 ACCOUNTING POLICIES- contsnued Estimates and judgements Estimates and judgements are continually evaluated and are based on historical experience and other factors, iiicluding expectations of future cvents that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors, best knowledge of the amount. events or actions, actual results ultitnately differ from these estimates. The Directors do not consider there to be any material estimates and judgements. Financial instrument5 The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade aiid other debtors and Creditors are initially r¢¢ognised at transaction value and subsequently measure at their settlenient valu¢. INVESTMENT INCOME 2024 2023 Deposit account interest 758 191 TRUSTEES, REMUNERATION AND BENEFITS There were no tn151ees' r¢muneration or other benefits for the year ended 5 June 2024 nor for the year ended 5 June 2023. Trustees. expenses There were no Iruslees, ¢xp¢ns¢s patd for th¢ year ended 5 June 2024 nor for th¢ year end¢d S June 2023. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Reslricled fund Total fld$ INCOME AND ENDOWMELYTS FROM Donatioiis and lega¢ies 66.306 66,306 Investment income 154 37 191 Total 66,460 37 66,497 EXPENDITURE ON Charitable actlvities General Charitabl¢ Activities 8,631 83,255 5,624 14,255 83.255 TDt#l 91,886 5,624 97.510 NET If4COfvIEI(EXPENDITURE) Transfers between fund5 {25,4261 {40,OQO} (5.587) 40,000 (31.013) Net movement in funds {65,426) 34,413 (31,013) RECONCILIATION OF FUNDS Total funds brought forward 461,017 70,340 531,357 Page 8 continued...
Humber Rescue Notes to the Financial Statements- continued for the Year Ended 5 June 2024 COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted fund nd Total funds TOTAL FUNDS CARRIED FORWARD 395,591 104,753 500,344 TANGIBLE FIXED ASSETS Improvements to property Plant and machinery Computer equipment Totals COST At 6 June 20?3 Addition5 62.371 263,436 6,540 ?0.203 13,995 346,010 20.535 At 5 Jun¢ 20?4 62,371 269,976 34,198 366.545 DEPRECIATION At 6 Jun¢ 2023 Charge for year 10.296 1.265 71,892 12.061 14,576 4,340 96.764 17,666 At 5 June 2024 11.561 83.953 18,916 114,430 NET BOOK VALUE At 5 Junc 2024 50,810 186,023 15,282 252,115 At 5 June 2023 52,075 191,544 5,627 249,246 DEBTORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Prepayrnents 18,284 8,878 Page 9 continued...
Humber Rescue Notes to the Financial Statement5 - continued for the Year Ended 5 June 2024 CREDITORS: AMOUNTS FALLING DUE WITHIYL ONE YEAR 2024 2023 Other creditors 65,591 5,499 MOVEMENT IN FUNDS Net movetllent in funds At 5.6.24 At 6.6.23 Unrestricted funds Gencral tund 395,591 {68,5101 327,081 Restricted funds Boat Donations 104,753 63,319 168.07? TOTAL FUNDS 500,344 (5,191) 495.153 Net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in fvnds Unrestricted funds General fund 4,179 (72,689) (68.510) Restricted funds Boat Donations 63,319 63.319 TOTAL FUNDS 67.498 (72,689) (5,191) Comparatives for movement in funds Net movement in funds Transfers between funds At 5.6.23 At 6.6.22 Unrestricted fund5 General fund 461,017 (25,426) {40,000) 395,591 Restricted fund5 Boat Donations 70.340 (5.587) 40.000 104.753 TOTAL FUINDS 53l.357 (31,013) 500.344 Page 10 continued...
Humber Rescue Notes tD the FiDancial Statements- continued for the Year Ended S June 2024 MOVEMENT IN FUNDS- continued Compar8tiv¢ net movem¢nt in funds, included in the above are as follows.. Incomiiig resources Resources expended Movement in ndS Unrestrieted funds General fund 66,460 (91,886) 125.426} Restricted funds Boat Donatioi)s 37 (5.624) (5.587} TOTAL FUNDS 66.497 (97.510) 131,0131 A currcnt year 12 months and prior year 12 months combilled position is as follows: Net movetnent iii funds Transfers between funds At 5_6.24 At 6.6.22 Unrestricted funds General fund 461,017 (93,936) 140,000) 327.081 Restricted fund$ Boat Donations 70,340 57.732 40.000 168,072 TOTAL FUNDS 531.357 {36,204) 495.153 A Lurrent year 12 moiiths and prior year 12 months combined ii¢t movemeiit in funds, included in Ilic above are as follows= Incoming resources Resour¢es cxp¢nded Movement in funds Unrestricted funds General fund 70.639 (164,575) 193,936) Restricted funds Boat Donations 63,356 {5,6241 57,732 TOTAL FUNDS 133,995 1170.199) 136,2041 Page 11 contitLUCd..
Humber Rescue Notes to the Financial Statements - continued for the Year Ended S June 2024 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 5 June ?024. Pag¢ 12
Humber Rescue Detailed Statement of Financigl Activities for the Year Ended 5 Julle 2024 20?4 ?023 INCOME AND ENDOWMENTS Donations and legacies Donations Fuel Diity Refund 61,026 5.714 66,306 66,740 66,306 Investment income Deposit a¢¢ount interest 758 191 Total incoming resources 67.498 66,497 EXPEf4DITURE Charitable activities Petrol & Oil Boat Expenses Landrover & Tractor Repairs Clothing Sundries 8,114 13,895 1.790 7,872 1,224 7,203 40,287 8.778 4,266 1,869 32.895 62,403 Support costs M#nagement Walcr, Light & Heal Insurance T¢lephon¢ Pagers Training Costs Repairs & Renewals 2,743 12,769 619 588 2.805 952 1,825 12,446 533 2,799 1,672 20,476 l9,275 Finanee Bank charges 32 32 Other Improvements to property Plant and machinery Computer ¢quipment I,265 l2.061 4,340 1,265 11,404 1,586 17.666 14,255 Governgnce costs Accountancy and legal fees 1.620 1,545 This page does not fomi part of the statutory financial statements Page 13
Humber Rescue Detailed Statement of Financial Activities for the Ye*r Ended 5 June 2024 20?4 2023 Total resources expended 72,689 97,510 Net expeDditure (5.191) (31,013) This page does not fomi part of the statutory financial statements Page 14