REGISTERED CHARITY NUMBER: SC004625 ort of the Trustees Unaudited Financial Statements for (he Year Ended 31 March 2024 for Kintail Mountain Rescue Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skrye Highland IV519ER
Kintail Mountain Rescue Contents of the Financial Sratements for the Year Ended 31 March 20?4 Page Report of the TTUStees Independen( Examineffs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 6 to 10 Detailed Statemenr of Financial Activities
Kintail Mountain Rescue ort of the Trustees for the Year Ended J l March ?024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of .4ccounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Irelaiid (FRS 102) (effective l January ?019). oR1E1VEs AND .4CTIITITIES Our purposes are to provide a search and rescue seTvice for all who require our help with a mounrainous environincDt (and clsewhere if required) 24 hours per day. 365 days per year in all weathers. ACHIEVEMENT AND PERFORMANCE The Team has had another busy year attending call-outs in our own area as well as assisting Skye MRT on a number of occasions. We are still investigaling options for site for building a new Base. We hav¢ set up a new Sharepoint Site for the team to act as a platform for reference, admin and news. as well as a new website. Work is underway to convert our new Mercedes Comms van. We hav¢ had approval from OSCR of our draft (SCIO) cortstitution for KMRT, which will . o limit liability of the committee and ils members (w¢ are currently very exposed) o allow us to own land in the name of KMRT Crcating the new SCTO. including confimiation of charitable status, requires consultation of the full team membership and a simple majority of team members iii favour of the proposal through a forn]al vote. and then transferring assets to the new SCIO, before winding up the old charity (which involves another vote from all mcmbers). After final legal and charities checks the new proposed constitution will be explained and discussed with the full membership prior to a decision on adoption being tsken at an EGM in July 2024. FIN.4NCIAL REVIEW Reserves policy The association held unrestricted funds of £162,748 at the financial year end. The committee considers the funds held will enable us lo run the teain for the forthcoming year and support any development and training plans. STRUCTURE, GOVERNANCE AND MAN.4GEME Coverning document The Team is a charitable unincorporared association and the purposes and administration arrangements are set out in our consiitution. The Team aims to transfer its assets and activilies to a nelv SCIO (Scottish Charitable Incorporated Organisation) by the end of 2024 and wind up the current charity. Recruitment and appointment of new trustees All of the Committee members of Kintail Mounlain Rescue Team are appointed in terms of our governing documentation. Induction and training of new trustees Attendance at Team training has continued to improve with a lot of commitment shown by Team members to attend trainiiig which not only increases their own skills but enables the team to develop as a whole. A number of our trainees have joined the full team members, Ivhile a number of full team members l)ave joined th¢ rescrve list. Our numbers overall have increased slighily over the year. We are still slightly short of our target number of full tcatn members. REFERENCE AND ADfvllh'lSTRATIVE DETAIIS Registered Charity number SC004625 Page I
Kintail Mountain Rescue ort of the Trustees ror lh¢ Yr&tI EiiLicd 3 1 MaTch 2024 Principal address Morvich Glcnshicl Kyle IV40 8HQ Ti-uslee5 Independcnt Examincr Donald Rankin Business Services Tigh an Qisean Bridge Road PORTREE Isle of Skye Highland IV519ER Approved by order of the board of trustees on .. and signed on its behalf by: Page ?
to tho Tru6tge8 of Kintail Mountain Resc I report on the accounts for the year endol 31 Nllarch 21Y24 set out on pages fourto te Respecdve responblllties of tnth and eMIller Th¢ charitys trustees are Tesponsiblo for the preparntion of the accounts in accordance with the temJ8 of t7Le Cjjarities apd TnJsfr¢ IDYeStm¢nt (Scotland) Act 2(Y)5 gud tho Clwkties AcLX)uuts (ScotlHtd) RcgtslatiODS 2006 anttded). The charitys twstees cold that & audit of R]jaoll 10(I)(&) 10 (¢) of the A¢¢owits Re8uhtions does oot apply. It is my regponsil>dity to ¢xanin¢ the accou &$ rwitryl uttdcr ScGtion 44(IMG) of the Act ST to state wheiber BASIS of the Independellt emniw'i report My ¢xaoJination was caTried out in accordance Regulation .1 l of 'the Cbarities Accounts (S¢otlalld) Regulations 2006. An ex8n)itIoll ileS 4 T¢Vft¢W of th¢ accouDIi08 records kept by the cbarity aod a cothparRsoD of the accounts pr¢sentcd with thosc re¢on18. It Also iwludes ¢onsideration of any iterns OT disclosur&8 in the accounts, and the ¢videll¢e th8twould be requlred in an and colleDY l th not eXW¢ audit opinion on'the mv given by the accouijts. TAdepeDdent examSner% ITJ conneetion with my exaMinpdtio no matter has come to my att¢ntion . (l) which mo rewnabl• cawe kn be]i¢ve in any mikn1 respe¢L the requrnts to kw aLrounting Tecords in ac¢or(laDc¢ with Sc¢tion 44(IXa) of thc 2005 Act aJMI R¢8uiation 4 of the 2006 Accounts ReguJaty)ns' and to prepare accounts accord with the w)unting rOrdS aNJ to (ryly with Re8ulatiou 8 of th¢ 2006 AOUnts Re2ulatsJns knve notbeen met or (2) to Whic in QPiDiQ4 attention sbould be drawj iti order to enable & proper uttht8ndiDg of the &counts to re8cIK Donald RaTrkin Busill Tigh att Otse•a BridEc Ro*1 PORTREE Isl¢ of Sky Highland IV519ER PAge 3
Kintail Mountain Rescue Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Total funds Unr¢5tricted fund Restricted funds Total funds Notes INCOME AND ENDOwmEs FROM Donations and legacies 4?,462 10,894 53,356 18,533 Investment income 1.424 1.424 504 Total 43,886 10.894 54,780 19,037 EXPENDITURE ON Chai'itable activities To provide a voluiiiary mountain rescue service for any person or persons who may be injured, lost or otherwise in need of assisrance anVhere on th¢ mountains (and elsewhere if required). 37.350 282 38,491 NET INCOMEI(EXPENDITURE) 6.536 10,612 17,148 (19,454) RECONCILIATION OF FUNDS Total funds brought forward 156,212 1.126 157,338 176,792 TOTAL FUNDS CARRIED FORWARD 162,748 174,486 157,J38 The notes forni part of these financial statements Page 4
Kintail Mountain Rescue Balance Sheet 31 MaiLh 2024 31.3.24 Toral funds 31.3.23 Total funds Unrestricted fund Restricied funds Notes FIXED ASSETS Taiigible assets 27,737 844 28581 32,934 CURRE ASSETS Debtors Cash at bank 19,156 16,395 19,156 l27,289 18.191 107.1 li 10,894 135.551 10.894 146,445 125,304 CREDITORS Amouiits falling due iviihin one year (540) (540) {900) NET CURRENT ASSE'I'S 135.011 10,894 145,905 124,404 TOTAL ASSETS LESS CURRENT LIABILI'I"IES 162,748 1.738 174,486 157,J38 NET ASSETS 162,748 174,486 157.i38 FUNDS Unreslricted funds Restricted funds 162.748 11.738 156,212 1,126 TOTAL FUNDS 174,486 157,338 The financial staicn)¢nts were approved by the Board of Trustees and authorised for issue ..IZ...Ikn...UZ*... and werc signed on its behalfby: on The notes fonn part of these financial statements Page S
Kintail Mountain Rescue Notes to the Financial Statements for the Year Ended ) l March 2024 AccouwfiNG POLICIES Basis of preparing the fin2ncial statements The financial stalements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statem¢nt of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irclaiid (FRS 102) {effe¢tive l January 2019),, Financial Reporting Siandard 102 'The Ftnancial Reporting Standard applicable in the UK and Republic of Ireland, and the Cliarities and Trustee liivestment (Scotland) Act 2005. The financial statements liave been prepared under the historical cost convention. Income All income is recognised in ihe Statement of Financial Activities once the charity has entstlement to the funds. it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing ihe charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlcment 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 all cost related to the category. Where costs cannot be directly attributed to particulaT headings they have been allocated to activiti¢s on a basis consistent with the use of resources. Tangible fixed assets Deprcciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Equipment Motor vehicles Computer equipment 150/0 on reducing balance 250/0 on reducing balance 250/0 on reducing balance Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can bc used in accordance wilh the charitable objcctives at the discretion of the trustees. Restri¢ted funds can only be used for particular restrictrd purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. INVESTMENT INCOME 31.3.24 Deposit account interest 1.424 504 Page 6 coiitinued...
Kintail Mountain Rescue Notes io the Financial Statements - continued for the Year Ended 31 March ?024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, rcmuncration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL A[VITIEs unrestrlcd fund Resiricicd funds Total fui)ds tNCOME AND ENDOWMENTS FROM Donations and legacies 18.533 18,533 Investment income 504 504 Totgl 19.037 EXPENDITURE ON Charitable Activities To provide a voluntary mountatn rescue service for any person or persons who may bc injiired, lost or otherwise in need of assistance anywhere on the mountains land elsewhere if required). i8,115 38,491 NET INCOMEI(EXPENDITURE) (19,078) (376) (19,454) RECONCILIATION OF FUNDS Total funds brouglit forward 175,290 1,502 176,792 TOTAL FUNDS CARRIED FORWARD 156,212 1,126 157.338 continued...
Kintail Mountain Rescue Notes to the Financial Ststements - continued for the Year Ended ) l March 2024 TANGIBLE FIXED ASSETS Motor vehiclcs Computer cquipmeni Equipment Totals COST At l April 2023 Additions 101.769 27,406 4i3 1,008 129.608 1.008 At 31 March 2024 101.769 27.406 1,441 130,616 DEPRECIATION At l April 2023 Charge for year 70.515 4.688 296 287 96.674 386 At 31 March 2024 75,203 26,249 583 102,035 NET BOOK VALUE At 31 March 2024 26,566 1,157 858 28.581 At 31 March 2023 31,254 1,543 137 32,934 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 VAT 19,156 18,191 CREDITORS: AmOUs FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other creditors 540 900 MOVEMENT IN FUNDS Net movemeiit in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 156,212 6.536 162,748 Restricted funds Landrover Kintail Sprinter .126 (282) 10,894 844 10,894 1,126 10.612 11,738 TOTAL FUNDS 157,338 17,148 174,486 continued...
Kintail Mountain Rescue Notes to the Financial Statements - continued for the Year Ended 31 March 2024 MOVEME IN FUNDS- Continued Net movement in funds, included in the above are as follows: Incoming resources Rcsources expended Movement in ndS Unrestricted funds General fund 43,886 (37,350) 6,536 Restricted funds Landrover Kintail Sprinter (282) (282) 10,894 10,894 10,894 (282) 10,612 TOTAL FUNDS 54,780 (37,632) l7.148 CompAratives for movement in funds Net movement in funds At At 1.4.22 Unrestricted funds General fund 175,290 (19,078) 156,212 Re5trlcted funds Landrover 1,502 {376) 1,126 TOTAL FUNDS 176,792 (19.454) 157.338 Comparative net movement in funds, included in the above are as follows: Tiicoming resources Resources expended Movement in funds Unrestricted funds General fund 19.037 (38,115) (19,078) Restricted fund5 Landrover {376) (376) TOTAL FUNDS 19,037 (38.491) (19,454) Page 9 continued...
Kintail Mountain Rescue Notes to the Financial Statements - continued for the Year Ended 31 March 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior y¢ar l ? months combined position is as follows: Net movement in funds At 31.3.24 Ai 1.4.22 Unrestricted funds General fund 175.290 (12.542) 162,748 Restricted funds Landrover Kintail Sprinter 1.502 (658) 10,894 844 10.894 1.502 10.236 1,738 TOTAL FUNDS 176.792 (2,306) 174,486 A current year 12 months and prior year 12 months combined net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in fvnds Unrestricted funds General fund 6?.923 (75.465) (12.542) Restricted funds Landrover Kintail Sprinter {658) (658) 10.894 10,894 10,894 (658) 10,236 TOTAL FUNDS 73,817 (76,123) (2,i06) RELATED PARTY DISCLOSURES There were no related party transactions for Ihc ycar ended 31 March 2024. Page 10
Kintail Mountain Rescue Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 il.3.23 INCOME AND ENDOWMENTS Donations and legacies Donations & collection l)oxes Grants 22,830 4,884 13,649 53.356 18.533 Investment income Deposit account in(erest 1,424 504 Total incoming resources 54,780 19,037 EXPENDITURE Charitable aetivities Rates and water Insurance Light and heat Telephone & call monitor Postage and stationery Advertising Sundries W¢bsite Motor & travel expenses Recognitions Rcpairs & reiiewals Training expenses Personal kit allowance Medical supplies Glenelg MRT Sothvare and communication Depn of equipment Depn of motor vehicles Depn of computer equip Credit card charges 446 1,077 1,290 2,677 166 325 1,343 1,500 3.919 205 824 852 3,030 174 ,166 5,362 90 17,229 525 349 1,739 250 13,365 2.858 1.439 74 932 4.688 386 287 140 5,515 515 46 140 36,912 38,011 Support costs Covernance costs Accountancy 720 480 Total resources expended 37,632 38,491 Net incomel{expenditure) 17,148 (19,454) This page does not forn] part of the statutory financial statements Pagell