E-Sign ID: 001 ¢f22c-fe0f-41f5-Sab3-efb995d03751 

## Mourne Mountain Rescue Team 

## Statement of Financial Activities for the Year Ended 31 March 2025 

## (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) 

|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|2025|
||Note|£|£|£|
|Income and Endowments from:|||||
|Donations and legacies|2|148,996|14,000|162,996|
|Othertrading activities|3|16,101|-|16,101|
|Total income||165,097|14,000|179,097|
|Expenditure on:|||||
|Raising funds||(3,332)|-|(3,332)|
|Charitable activities||(50,917)|(32,658)|(83,575)|
|Total expenditure||(54,249)|(32,658)|(86,907)|
|Net income/(expenditure)||110,848|(18,658)|92,190|
|Net movement in funds||410,848|(18,658)|92,190|
|Reconciliation offunds|||||
|Total funds broughtforward||651,031|141,236|792,267|
|Total funds carried forward|41|761,879|122,578|884,457|
|||Unrestricted|Restricted|Total|
|||funds|funds|2024|
||Note|£|£|£|
|Income and Endowments from:|||||
|Donations and legacies|2|62,224|12,000|74,224|
|Other trading activities|3|7,195|-|7,195|
|Total income||69,419|12,000|81,419|
|Expenditure on:|||||
|Raising funds||(1,484)|-|(1,484)|
|Charitable activities||(33,815)|(31,127)|(64,942)|
|Total expenditure||(35,299)|(31,127)|(66,426)|
|Net income/(expenditure)||34,120|(19,127)|14,993|
|Net movement in funds||34,120|(19,127)|14,993|
|Reconciliation offunds|||||
|Total funds broughtforward||616,911|160,363|777,274|
|Totalfundscarriedforward|11|651,031|141,236|792,267|



The notes on pages 10 to 15 form an integral part of these financial statements. 

Page 7 

E-Sign ID: cO1cf22c-fe0f-41f5-9ab3-efb995d03751 

## Mourne Mountain Rescue Team 

Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) 

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in nate 11. 

The notes on pages 10 to 15 form an integral part of these financial statements. Page 8 

E-Sign ID: c01cf22c-fe0t-4 1f5-9ab3-efb995d03751 

## Mourne Mountain Rescue Team 

## (Registration number: NI621484) Balance Sheet as at 31 March 2025 

||||2025|2024|
|---|---|---|---|---|
|||Note|£|£|
|Fixed assets|||||
|Tangible assets||7|136,156|171,306|
|Current assets|||||
|Stocks||8|1,000|1,000|
|Cash atbank and in hand|:|g|755,367|627,980|
||||756,367|628,980|
|Creditors: Amounts falling duewithin one year||10|(8,066)|(8,019)|
|Net current assets|||748,301|620,961|
|Netassets|||884,457|792,267|
|Funds ofthe charity:|||||
|Restricted income funds|||||
|Restricted funds|||122,578|141,236|
|Unrestricted income funds|||||
|Unrestricted funds|||761,879|651,031|
|Totalfunds||44|884,457|792,267|



The financial statements on pages 7 to 15 were approved by the trustees, and authorised for issue on 3 November 2025 and signed on their behalf by: 


**----- Start of picture text -----**<br>
M Brian S McNeilly<br>Se Ser lena<br>Malccin Bae Sanaa McNay<br>Trustee Trustee<br>**----- End of picture text -----**<br>


The notes on pages 10 to 15 form an integral part of these financial statements. Page 9 

E-Sign ID: cO1cf22c-fe0t-41f5-9ab3-efb995d03751 

## Mourne Mountain Rescue Team 

## Notes to the Financial Statements for the Year Ended 31 March 2025 

. 

## + Accounting policies 

Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. 

## Statement of compliance 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of lreland (FRS 102) and the Companies Act 2006. 

## Basis of preparation 

Mourne Mountain Rescue Team meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. 

## Income and endowments 

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. 

## Expenditure 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate ali cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## Governance costs 

These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses. 

## Taxation 

The charity is exempt from corporation tax on its charitable activities. 

## Depreciation and amortisation 

Depreciation is provided an tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: 

## Page 10 

E-Sign iD: c01cf22c-feOf-4 1f5-Sab3-efp995d03751 

## Mourne Mountain Rescue Team 

## Notes to the Financial Statements for the Year Ended 31 March 2025 

Asset class Depreciation method and rate Plant & Machinery 20% straight line Motor Vehicles 10% straight line 

## Stock 

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

## Trade creditors 

. 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. 

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. 

## Fund structure 

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## 2 Income from donations and legacies 

||Unrestricted|||
|---|---|---|---|
||funds<br>General|Restricted<br>funds|Total<br>funds|
||£|£|£|
|Donations and legacies;||||
|Donations from individuals|1,889|-|1,889|
|Legacies|3,603|14,000|17,603|
|Giftaid reclaimed|3,875|-|3,875|
|Regular giving and capital donations|139,629|-|139,629|
|Total for2025|148,996|14,000|162,996|
|Totalfor2024|62,224|12,000|74,224|



Page 11 

E-Sign ID: 001 ¢f22c-fe0f-41f5-Gab3-efh995d03751 

## Mourne Mountain Rescue Team 

## Notes to the Financial Statements for the Year Ended 31 March 2025 

## 3 income from other trading activities 

||Unrestricted|||
|---|---|---|---|
||funds|Total|Total|
||General|funds|2024|
||£|£|£|
|Events income;||||
|Otherevents income|7,112|7,112|-|
|Other income|8,989|§,989|7,195|
||16,101|16,101|7,195|



## 4 Analysis of governance and support costs 

## Governance costs 

||Unrestricted|||||
|---|---|---|---|---|---|
||funds<br>General|Restricted<br>funds||Total<br>funds||
||£|£||£||
|Independent examiner fees||||||
|Examination ofthe financial statements|137||1,293||1,430|
|Total for2025|137||1,293||1,430|
|Totalfor2024|99||1,222||1,321|



## 5 Trustees remuneration and expenses 

During the year the charity reimbursed expenses of £599 to trustees (2024: £884) 

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. 

## 6 independent examiner's remuneration 


**----- Start of picture text -----**<br>
2025 2024<br>£ £<br>Examination of the financial statements 1,430 1,321<br>**----- End of picture text -----**<br>


Page 12 

E-Sign ID: c01¢f22c-fe0f-41f5-Gab3-efb995d03751 

## Mourne Mountain Rescue Team 

## Notes to the Financial Statements for the Year Ended 31 March 2025 

## 7 Tangible fixed assets 

|7|Tangible fixed assets||||
|---|---|---|---|---|
|||Furniture and|Motor||
|||equipment|vehicles|Total|
|||£|£|£|
|Cost|||||
|At|1 April 2024|143,470|363,364|506 834|
|Additions||2,404|-|2,404|
|At|31 March 2025|145,874|363,364|509,238|
|Depreciation|||||
|At|1 April 2024|130,407|205,121|335,528|
|Charge forthe year||8,847|28,707|37554|
|At|31 March 2025|139,254|233,828|373,082|
|Net book value|||||
|At|31 March 2025|6,620|129,536|136,156|
|At|31 March 2024|13,063|158,243|171,306|
|8|Stock||||
||||2025|2024|
||||£|£|
|Stocks|||1,000|1,000|
|9|Cash and cash equivalents||||
||||2025|2024|
||||£|£|
|Cash on hand|||4|4|
|Cash atbank|||755,366|627,979|
||||755,367|627,980|
|10|Creditors: amounts falling due within oneyear||||
||||2025|2024|
||||£|£|
|VAT grant repayable|||7,011|7,011|
|Accruals|||74,055|1,008|
||||8,066|8,019|



Page 13 

E-Sign ID: c01cf22c-fe0t-41f5-Sab3-efb995d03751 

. 

## Mourne Mountain Rescue Team 

## Notes to the Financial Statements for the Year Ended 31 March 2025 

## 11 Funds 

||Balance at 1<br>April 2024|Incoming<br>resources|Resources<br>expended|Balance at 31<br>March 2025|
|---|---|---|---|---|
||£|£|£|£|
|Unrestricted funds|||||
|General|651,031|165,097|(54,249)|761,879|
|Restrictedfunds|141,236|14,000|(32,658)|122,578|
|Total funds|792,267|179,097|(86,907)|884,457|
||Balance at 1|Incoming|Resources|Balance at 31|
||April 2023|resources|expended|March 2024|
||£|£|£|£|
|Unrestricted funds|||||
|General|616,911|69,419|(35,299)|651,031|
|Restricted funds|160,363|12,000|(31,127)|141,236|
|Totalfunds|777,274|81,419|(66,426)|792,267|



## 12 Analysis of net assets between funds 

|12 Analysis of net assets between funds|||
|---|---|---|
||Unrestricted|Totalfunds|
||funds|at 31 March|
||General|2025|
||£|£|
|Tangible fixed assets|436,156|136,156|
|Current assets|756,367|756,367|
|Current liabilities|(8,066)|(8,066)|
|Totai net assets|884,457|884,457|
||Unrestricted|Totalfunds|
||funds|at 31 March|
||General|2024|
||£|£|
|Tangible fixed assets|171,306|171,306|
|Current assets|628,980|628,980|
|Current liabilities|(8,019)|(8,019)|
|Totalnetassets|792,267|792,267|



Page 14 

E-Sign ID: c01c¢f22c-feOf-41f5-9ab3-efh995d03751 

; 

## Mourne Mountain Rescue Team 

## Notes to the Financial Statements for the Year Ended 31 March 2025 

## 13 Analysis of net funds 

|13 Analysis of net funds||||
|---|---|---|---|
||At 1 April|Financing|At 31 March|
||2024|cash flows|2025|
||£|£|£|
|Cash atbank and in hand|627,980|127,387|755,367|
|Net debt|627,980|127,387|755,367|
||At 1 April|Financing|At 31 March|
||2023|cash flows|2024|
||£|£|£|
|Cash at bank and in hand|567,301|60,679|627,980|
|Netdebt|567,301|60,679|627,980|



## 14 Related party transactions 

During the year the charity made the following related party transactions: 

Trustee Jeremy Purdy is related to Nett! of Lurgan who provided the charity with goods/services to the value of £1,265.89. At the balance sheet date the amount due to/from Jeremy Purdy was £Nil (2024 - ENil). 

Page 15 

E-Sign ID: c01¢f22c-fe0i-41f5-9ab3-efb995d03751 

## Mourne Mountain Rescue Team 

## Statement of Financial Activities by fund for the Year Ended 31 March 2025 

## Unrestricted Funds 

|Unrestricted|Funds||
|---|---|---|
||Total|Total|
||Unrestricted|Unrestricted|
||Funds|Funds|
||2025|2024|
||£|£|
|Income and Endowments from:|||
|Donations and legacies|148,996|62,224|
|Other trading activities|16,101|7,195|
|Total income|165,097|69,419|
|Expenditure on:|||
|Raising funds|(3,332)|(1,484)|
|Charitable activities|(50,947)|(33,815)|
|Total expenditure|(54,249)|(35,299)|
|Net income|110,848|34,120|
|Netmovement in funds|110,848|34,420|
|Reconciliation offunds|||
|Total funds brought forward|651,031|616,911|
|Totalfundscarriedforward|761,879|651,031|



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E-Sign ID: c01¢f22c-fe0t-4 1f5-9ah3-efhe95d03751 

## Mourne Mountain Rescue Team 

## Statement of Financial Activities by fund for the Year Ended 31 March 2025 

## Restricted Funds 

|||Total|Total|
|---|---|---|---|
|||Restricted|Restricted|
|||Funds|Funds|
|||2025|2024|
|||£|£|
|Income and Endowments from:||||
|Donations and legacies||14,000|12,000|
|Total income||14,000|12,000|
|Expenditure on:||||
|Charitable activities||(32,658)|(31,127)|
|Total expenditure||(32,658)|(31,127)|
|Netexpenditure||(18,658)|(19,127)|
|Netmovement in funds||(18,658)|(19,127)|
|Reconciliation offunds|.|||
|Total funds brought forward||141,236|160,363|
|Totalfundscarriedforward||122,578|141,236|



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E-Sign ID: c01cf22c-fe0f-41f5-9ab3-efb995d03751 

## Mourne Mountain Rescue Team 

## Detailed Statement of Financial Activities for the Year Ended 31 March 2025 

|||Total|Total|
|---|---|---|---|
|||2025|2024|
|||£|£|
|Income and Endowments from:||||
|Donations and legacies (analysed below)||162,996|74,224|
|Othertrading activities (analysed below)||16,101|7,195|
|Total income||179,097|81,419|
|Expenditure on:||||
|Raising funds (analysed below)<br>Charitable activities (analysed below)|,|(3,332)<br>(83,575)|(1,484)<br>(64,942)|
|Total expenditure||(86,907)|(66,426)|
|Netincome||92,190|44,993|
|Netmovement in funds||92,190|14,993|
|Reconciliation offunds||||
|Total funds brought forward||792,267|777 274|
|Totalfundscarriedforward||884,457|792,267|



This page does not form part of the statutory financial statements. Page 18 

E-Sign ID: c01¢f22c-fe0f-41f5-Sab3-efb995d03751 

## Mourne Mountain Rescue Team 

## Detailed Statement of Financial Activities for the Year Ended 31 March 2025 

||Total|Total|
|---|---|---|
||2025|2024|
||£|£|
|Donationsandlegacies|||
|Donations|139,629|53,332|
|Grants|14,000|12,000|
|Grants|3,603|3,750|
|Merchandise sales|1,539|2,380|
|Gift Aid tax reclaimed|3,875|2,762|
|Otherincome|350|Fe|
||162,996|74,224|
|Othertrading activities|||
|DepositAccount interest|8,989|7,195|
|Event ticket sales|7,112|-|
||16,101|7,195|
|Raising funds|||
|Opening stock|(1,000)|(1,000)|
|Direct costs|(3,332)|(1,484)|
|Closing stock|1,000|1,000|
||(3,332)|(1,484)|
|Charitable activities|||
|Purchases|(1,052)|(2,617)|
|Purchases|(3,287)|(1,053)|
|Training|(4,678)|(503)|
|Training|(13)|(1,014)|
|Insurance and Licenses|(999)|(1,322)|
|Insurance|(1,091)|(80)|
|Telephone and internet|(1,014)|(1,061)|
|Telephone and fax|(538)|(184)|
|Sundryexpenses|-|(420)|
|Sundry expenses|(3,439)|(3,026)|
|Motorexpenses|(4,964)|(4,855)|
|Motorexpenses|(376)|(965)|
|Fundraising & marketing|(3,316)|(808)|
|Legal and professional fees|(19,724)|-|
|Bank charges|(99)|(98)|
|Depreciationofplantandmachinery|(4,539)|(4,539)|



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E-Sign ID: c04 cf22c-fe0f-41f5-Gab3-efb995d03751 

## Mourne Mountain Rescue Team 

## Detailed Statement of Financial Activities for the Year Ended 31 March 2025 

|||Total|Total|
|---|---|---|---|
|||2025|2024|
|||£|£|
|Depreciation|of plant and machinery|(4,309)|(7,832)|
|Depreciation|ofmotorvehicles|(14,119)|(14,588)|
|Depreciation|of motorvehicles|(14,588)|(18,656)|
|Accountancy|fees|(1,293)|(1,222)|
|Accountancy|fees|(137)|(99)|
|||(83,575)|(64,942)|



This page does not form part of the statutory financial statements. Page 20