Lo
hNea
Trustees. Re
Rescue Llmlted
ort
The trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity for the year ended 31 March 2024.
The trustees have adopted the provisions of 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 IFRS 1021 leffective I
January 20191.
Oblertlves and alms
The primary aim of the company is to provide a first class rescue service available at all times to
respond to any emergency which may occur on Lough Neagh and its tributaries.
Appointment ol new trustees
New trustee5 are recruited by open recruitment by existing directors to fulfil specific roles and skills
on the board.
The potential trustee is then interviewed regarding their willingness to become a trustee and thelr
potential contribution to the aims and objectives of the charity Is considered.
Publlc beneflt
Our focus has been on continuing to provide services in a safe and effective way. Lough Neagh
Rescue Limited continue5 to meet the definition of a public benefit entity under FRS 102 and in line
with it's charitable objectives as detalled throughout the report.
Flnanelal revlew
Durin8 the year ended 31 March 2024 the charity 8enerated a deficit of £73,17912023', £483,939
surplus).
Strurturel governance and rnana8ement
The charity Is Controlled by its governing document, a deed of trust, and constltutes a limited
companyi limited by 8uarantee, as defined by ihe Companles Act 2006.
Ststements of trustees, responslbllltles
The trustees are responsible for preparing the annual report and the financial statements in
accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepore financial statement5 for each financial year. Under
the law the trustees have elected to prepare the flnanclal statements In accordance wlth appll¢able
law and United Kingdom Generally Accepted Accountin8 Practice. Under company law the trustees
must not approve the financial 5tatement5 unless they are Satisfied that they give a give a true and
fair view of affairs of the charity and of the surplus or deficit of the charity for that period. In
preparing these flnanclal statements, the trustees are requlred to:
select Sultable accounting policies and then apply them consistently;
observe the methods and principles in the Charitie5 SORP;
make judgements and estimates that are reasonable and prudent:
State whether applicable UK accounting standards have been followed, subjert to any material
departures disclosed and explained in the financial statements. and

hNea
h Rexue Limited
Trustees. Re
ort
continued
Ststements of trustees, responsibilities- continued
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in business.
The trustees are responslble for keeplng proper accountln8 records that are sufficlent to show and
explain the company's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and which enable them to ensure that the financial statements comply with the
Companie5 Act 2006. They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the preventlon and detectlon of fraud and other irre8ularltles.
Statement as to dlsclosure of lfifofmatioTr to auditors
Each person who was a trustee at the time this report was approved confirms that:
$0 far as he/she is aware, there is no relevant audit information of which the company's auditor Is
unaware; and
helshe has taken all the steps that he ou8ht to have taken as a trustee in order to make
himself/herself aware of any relevant audit information and to establish that the company's auditor is
aware of that inforrnation,
Statutory aud5tors
SCC Chartered Accountants were appointed auditors to the charity and a resolution proposing thelr
reappolntment will be put to the Annual General Meeting.
This report was approved by the board on 13 January 2025, and $58ned on Its behalf bv-.
8*JW
Mr S Kyles
Trustee