## **LAGAN SEARCH AND RESCUE** **ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025** ## **LAGAN SEARCH AND RESCUE** ## **ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025** |**CONTENTS**|**PAGES**| |---|---| |STATEMENT OF FINANCIAL ACTIVITY|1| |BALANCE SHEET|2| ## **LAGAN SEARCH AND RESCUE** ## **STATEMENT OF FINANCIAL ACTIVITIES - YEAR ENDED 31st MARCH 2025** |**Income**
Voluntary Receipts
Fundraising and street collections
Scrap metal sales
Donations
Grants
sale
Bank interest
Other||**Unrestricted**
**Funds**
**£**
-
-
29,815
13,452
1,126
-
1,389|**Unrestricted**
**Funds**
**£**
-
-
29,815
13,452
1,126
-
1,389|**Restricted**
**Funds**
**£**
12,000|**Restricted**
**Funds**
**£**
12,000|**Endowment**
**Funds**
**£**|**Endowment**
**Funds**
**£**|**Total 2025**
**£**
-
-
29,815
25,452
1,126
-
1,389|**Total 2024**
**£**
86
500
40,537
21,523
-
-
819| |---|---|---|---|---|---|---|---|---|---| ||||||||||| |**Total income**|||**45,782**||**12,000**||**-**|**57,782**|**63,465**| |**Expenditure**
Expenditure
Peronnel uniform and protective equipment
Insurance
Lifeboat service and repairs
Fuel, repairs and maintenance
Safety, education and training costs
Medical supplies
Motor and travel expenses
Office expenses
General expenses
Legal and professional fees
Depreciation
Bank interest and charge|||42
18,147
1,319
6,887
7,291
2,607
2,723
4,269
2,720
2,340
31,894
38||31,644|||42
18,147
1,319
6,887
7,291
2,607
2,723
4,269
2,720
2,340
63,538
38|8,177
18,580
2,046
10,245
7,800
3,007
2,059
6,760
2,028
-
63,538
75| |**Total Expenditure**|||**80,276**||**31,644**||**-**|**111,920**|**124,314**| ||||||||||| |**Net income**|||**(34,494)**
**-**||**19,644**
||**-**|**(54,138)**|**(60,848)**| |**Net income - as above**
Transfers to/(from) funds|||**(34,494)**
8,805
-||**(19,644)**
8,805
||**0**|**(54,138)**
-|**(60,848)**
-| |**Surplus/(Deficit) for the year**|||**(25,689)**
**-**||**28,449**
||**-**|**(54,138)**|**(60,848)**| |**Reconciliation of funds**
Total funds brought forward
Surplus/(Deficit) Cash movement this year end|||261,370
(25,689)
-||216,015
28,449
||-
-|477,385
(54,138)|538,234
(60,848)| |**Total funds carried forward**|||**235,681**||**187,566**||**-**|**423,247**|**477,385**| **Page 1** ## **LAGAN SEARCH AND RESCUE** ## **BALANCE SHEET - YEAR ENDED 31st MARCH 2025** |**Fixed assets**
Lifeboat
Motor vehicles and accessories
Kayaks
Other||**2025**
**£**
185,022
181,692
1,528
34,118|**2024**
**£**
215,142
209,224
1,782
39,749| |---|---|---|---| |||**402,359**|**465,897**| |**Current assets**
Accrued income
Bank current account
Bank deposit account
Bank Investment account
Cash in hand||-
20,545
335
7
-|-
11,147
335
7
-| |||**20,887**|**11,488**| |**Creditors**
Other||-|-| |**Total assets less liabilities**||**423,247**|**477,385**| |**Represented by:**
Restricted funds
Unrestricted funds||**187,567**
**235,681**
**423,247**|216,015
261,370
**477,385**| **Page 2**