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2024-06-30-accounts

COMPANY REGISTRATION NUMBER: NI631720 CHARITY REGISTRATION NUMBER: 106359

Community Rescue Service Limited Company Limited by Guarantee Unaudited Financial Statements 30 June 2024

CLAREMOUNT

Chartered Accountants 43 Clarendon Street Derry BT48 7ER

Community Rescue Service Limited

Company Limited by Guarantee

Financial Statements

Year ended 30 June 2024

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 4
Statement of financial activities (including income and
expenditure account) 5
Statement of financial position 6
Notes to the financial statements 7

Community Rescue Service Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 30 June 2024

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 June 2024.

Reference and administrative details

Registered charity name Community Rescue Service Limited Charity registration number 106359 Company registration number NI631720 Principal office and registered Kilcranny House office 21 Cranagh Road Coleraine BT51 3NN Antrim The trustees Mr S McCarry Mr R Patton Ms S Gibson Mr R Graham Mr C Whittaker Independent examiner Mr K McCauley Claremount Chartered Accountants 43 Clarendon Street Derry BT48 7ER

Structure, governance and management

Community Rescue Service is a private limited company managed by a Board of Directors which is responsible for the governance and management of the premises and equipment owned by the organisation (ie: insurance, maintenance, utilities) and ensuring that the income and property of CRS is applied solely towards the promotion of the objectives of the company. The Board of Directors includes the Regional Commander who is responsible for operational matters and for the overall management of the Search and Rescue teams of volunteers. Our organisation carries out its purposes through:

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Community Rescue Service Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 30 June 2024

Objectives and activities

The primary objectives of the company are:

The Charity's beneficiaries are the local community in Northern Ireland, ie: the general public and, in particular, those members of the public who are vulnerable through any form of mental or physical illness or at risk from themselves. The Charity provides support for both the vulnerable and their families.

Achievements and performance

The achievements and performance of the company are evidenced through the number of call-outs and searches and the number of interventions and preventions and also the number of rescued, found and returned to their families. Performance is also evidenced by the outcomes of the fundraising activities of our teams and of the general public and the benefits are further evidenced by the number of public events supported by the Charity.

Financial review

The net outcoming resources for the period amounted to (£12,002) (2023 - incoming £210,226). The outgoing company reserves at the year end were £1,411,960 (2023 - £1,423,962) of which £1,090,290 is unrestricted funds. The trustees aim to have a reserve of three to six months expenditure at any given time.

The full results are set out in the accounts which form part of this report.

Plans for future periods

Our plans are to continue and promote and expand our search and rescue activities by growing our teams and equipment and by increasing our fundraising activities.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

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Community Rescue Service Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 30 June 2024

The trustees' annual report was approved on 02 April 2025 and signed on behalf of the board of trustees by:

___ _______

Mr S McCarry Mr R Patton Trustee Trustee

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Community Rescue Service Limited

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Community Rescue Service Limited

Year ended 30 June 2024

I report to the trustees on my examination of the financial statements of Community Rescue Service Limited ('the charity') for the year ended 30 June 2024.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of Charities Act (Northern Ireland) 2008 (the ‘2008 Act’) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination.

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.


Mr K McCauley Claremount Chartered Accountants 43 Clarendon Street Derry BT48 7ER

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Community Rescue Service Limited

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 30 June 2024

2024 2023
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 5 419,030 75,650 494,680 658,534
───────── ──────── ───────── ─────────
Total income 419,030 75,650 494,680 658,534
═════════ ════════ ═════════ ═════════
Expenditure
Expenditure on charitable activities 6,7 397,850 108,832 506,682 448,308
───────── ───────── ───────── ─────────
Total expenditure 397,850 108,832 506,682 448,308
═════════ ═════════ ═════════ ═════════
───────── ───────── ───────── ─────────
Net (expenditure)/income and net
movement in funds 21,180 (33,182) (12,002) 210,226
═════════ ═════════ ═════════ ═════════
Reconciliation of funds
Total funds brought forward 1,069,110 354,852 1,423,962 1,213,736
───────── ───────── ──────────── ────────────
Total funds carried forward 1,090,290
═════════
321,670
═════════
1,411,960
════════════
1,423,962
════════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 7 to 14 form part of these financial statements.

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Community Rescue Service Limited

Company Limited by Guarantee

Statement of Financial Position

30 June 2024

2024 2023
Note £ £
Fixed assets
Tangible fixed assets 11 671,724 669,242
Current assets
Debtors 12 8,922 8,874
Cash at bank and in hand 754,616 790,915
───────── ─────────
763,538 799,789
Creditors: amounts falling due within one year 13 23,302 45,069
───────── ─────────
Net current assets 740,236 754,720
──────────── ────────────
Total assets less current liabilities 1,411,960 1,423,962
──────────── ────────────
Net assets 1,411,960 1,423,962
════════════ ════════════
Funds of the charity
Restricted funds 321,670 354,852
Unrestricted funds 1,090,290 1,069,110
──────────── ────────────
Total charity funds 15 1,411,960
════════════
1,423,962
════════════

For the year ending 30 June 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 02 April 2025, and are signed on behalf of the board by:

___ ______

Mr S McCarry Trustee

Mr R Patton Trustee

The notes on pages 7 to 14 form part of these financial statements.

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 30 June 2024

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is Kilcranny House, 21 Cranagh Road, Coleraine, BT51 3NN, Antrim.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2024

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

All fixed assets are initially recorded at cost.

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2024

3. Accounting policies (continued)

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor Vehicles - 20% straight line Equipment - 20% straight line Boats - 10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2024

3. Accounting policies (continued)

Financial instruments (continued)

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The company is limited by guarantee and, therefore, there is no issued share capital.

5. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
Donations & fundraising activities 212,340 212,340
Charity shop takings 206,690 206,690
Grants
Grants receivable 75,650 75,650
───────── ──────── ─────────
419,030 75,650 494,680
═════════ ════════ ═════════
Unrestricted Restricted Total Funds
Funds Funds 2023
£ £ £
Donations
Donations & fundraising activities 322,372 322,372
Charity shop takings 261,727 261,727
Grants
Grants receivable 995 73,440 74,435
───────── ──────── ─────────
585,094 73,440 658,534
═════════ ════════ ═════════

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2024

6. Expenditure on charitable activities by fund type

Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Wages and salaries 16,760 36,200 52,960
Depreciation 110,978 72,632 183,610
General Expenses 3,100 3,100
Subscriptions 610 610
Cleaning and consumables 107 107
Facilitator fees 28,735 28,735
Management fees 6,600 6,600
Heat and light 23,632 23,632
Insurance 9,204 9,204
Rent and rates 38,068 38,068
Repairs and maintenance 9,822 9,822
Membership fees and training 539 539
Safety apparel and equipment 2,232 2,232
Motor and fuel expenses 39,250 39,250
Vehicle maintenance 5,679 5,679
Boat expenses and repairs 21,795 21,795
Volunteer expenses 1,532 1,532
Event Costs 71,407 71,407
Telephone and Internet 2,341 2,341
Support costs 5,459 5,459
───────── ───────── ─────────
397,850 108,832 506,682
═════════ ═════════ ═════════
Unrestricted Restricted Total Funds
Funds Funds 2023
£ £ £
Wages and salaries 22,624 22,624
Depreciation 95,220 79,019 174,239
General Expenses 4,683 4,683
Subscriptions 342 342
Cleaning and consumables 762 762
Facilitator fees 18,413 18,413
Management fees 19,180 19,180
Heat and light 27,605 27,605
Insurance 9,067 9,067
Rent and rates 58,303 58,303
Repairs and maintenance 1,549 1,549
Membership fees and training 4,168 4,168
Safety apparel and equipment 9,433 9,433
Motor and fuel expenses 29,535 29,535
Vehicle maintenance 9,105 9,105
Boat expenses and repairs 3,329 3,329
Volunteer expenses 2,629 2,629
Event Costs 45,954 45,954
Telephone and Internet 2,050 2,050
Support costs 5,338 5,338
───────── ───────── ─────────
369,289 79,019 448,308
═════════ ═════════ ═════════

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2024

7. Expenditure on charitable activities by activity type

Rescue Total fund
Services Charity Shop Support Costs 2024
£ £ £
Wages and salaries 52,960 52,960
Depreciation 183,610 183,610
General Expenses 3,100 3,100
Subscriptions 610 610
Cleaning and consumables 107 107
Facilitator fees 28,735 28,735
Management fees 6,600 6,600
Heat and light 7,090 16,542 23,632
Insurance 7,304 1,900 9,204
Rent and rates 38,068 38,068
Repairs and maintenance 9,822 9,822
Membership fees and training 539 539
Safety apparel and equipment 2,232 2,232
Motor and fuel expenses 39,250 39,250
Vehicle maintenance 5,679 5,679
Boat expenses and repairs 21,795 21,795
Telephone and Internet 2,341 2,341
Volunteer expenses 1,532 1,532
Event Costs 71,407 71,407
Professional fees 2,460 2,460
Bank charges 2,999 2,999
─────── ─────────────────────────
387,773 113,450 5,459 506,682
═════════ ═══════ ═════════ ═════════
Rescue Total fund
Services Charity Shop Support Costs 2023
£ £ £ £
Wages and salaries 22,624 22,624
Depreciation 174,239 174,239
General Expenses 4,683 4,683
Subscriptions 342 342
Cleaning and consumables 762 762
Facilitator fees 18,413 18,413
Management fees 19,180 19,180
Heat and light 8,282 19,323 27,605
Insurance 7,267 1,800 9,067
Rent and rates 58,303 58,303
Repairs and maintenance 1,549 1,549
Membership fees and training 4,168 4,168
Safety apparel and equipment 9,433 9,433
Motor and fuel expenses 29,535 29,535
Vehicle maintenance 9,105 9,105
Boat expenses and repairs 3,329 3,329
Telephone and Internet 2,050 2,050
Volunteer expenses 2,629 2,629
Event Costs 45,954 45,954
Auditors remuneration 2,400 2,400
Bank charges 2,938 2,938
─────── ─────────────────────────
316,299 126,671 5,338 488,308
═════════ ═══════ ═════════ ═════════

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2024

8. Net (expenditure)/income

Net (expenditure)/income is stated after charging/(crediting):

2024 2023
£ £
Depreciation of tangible fixed assets 183,610
═════════
174,239
═════════

9. Staff costs

The average head count of employees during the year was 1 (2023: 1). The average number of full-time equivalent employees during the year is analysed as follows:

2024 2023 No. No. Management and Admin staff 2 1 ════ ════

No employee received employee benefits of more than £60,000 during the year (2023: Nil).

10. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

11. Tangible fixed assets

Land and Motor
buildings vehicles Equipment Boats Total
£ £ £ £ £
Cost
At 1 July 2023 13,000 864,293 486,425 235,228 1,598,946
Additions 6,100 19,328 160,664 186,092
──────── ───────── ───────── ───────── ────────────
At 30 June 2024 13,000 870,393 505,753 395,892 1,785,038
════════ ═════════ ═════════ ═════════ ════════════
Depreciation
At 1 July 2023 413,128 319,534 197,042 929,704
Charge for the year 92,660 69,148 21,802 183,610
──────── ───────── ───────── ───────── ────────────
At 30 June 2024 505,788 388,682 218,844 1,113,314
════════ ═════════ ═════════ ═════════ ════════════
Carrying amount
At 30 June 2024 13,000 364,605 117,071 177,048 671,724
════════ ═════════ ═════════ ═════════ ════════════
At 30 June 2023 13,000 451,165 166,891 38,186 669,242
════════ ═════════ ═════════ ═════════ ════════════

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Community Rescue Service Limited

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2024

12. Debtors
2024 2023
£ £
Other debtors 8,922 8,874
═══════ ═══════
13. Creditors: amounts falling due within one year
2024 2023
£ £
Accruals and deferred income 4,800 4,800
Social security and other taxes 360
Creditors 18,502 39,909
──────── ────────
23,302 45,069
════════ ════════
14. Deferred income
2024 2023
£ £
At 1 July 2023 95,000 95,000
Amount released to income (95,000) (95,000)
──────── ────────
At 30 June 2024
════════ ════════

15. Analysis of charitable funds Unrestricted funds

Unrestricted funds
At
At 1 July 2023 Income Expenditure 30 June 2024
£ £ £ £
Unrestricted funds 1,069,110 419,030 (397,850) 1,090,290
═════════ ═════════ ═════════ ═════════
Restricted funds
At
At 1 July 2023 Income Expenditure 30 June 2024
£ £ £ £
Restricted funds 354,852 75,650 (108,832) 321,670
═════════ ════════ ═════════ ═════════

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