Charlty registration numbèr SC009451
TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
JRW
HOGG&
THORBURN
Charter￿ accountants

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
LEGAL AND ADMINISTRATIVE INFORMATION
TrusteeB
Mr P Hall
Mr N Jackson
Mr R Filch
Mr T Dailow
Mr N Wolherspoon
M5 Jen Ishetwood
Ms Rhona Morrison
Mr lain Hamilton
Mr Sandy Cleland
Mi Paul McGreal
IAppointed 2 July 20251
(Appointed 2 July 20251
IApptsinted 2 July 20251
(Appointed 2 July 20251
(Appointed 2 July 20251
Charlty rnglstration
Scotland
SC009451
Principal addre$$
St John Base
High Street
MELROSE
United Kingdom
TD6 9RY
Independènt •xaminer
Kevin Ferguson
Riverside House
L8dhope Vale
Galashiels
TD1 1BT

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
CONTENTS
Page
Trustees, report
Independent examinerfs report
S181emenl of financial activities
Balance sheet
10
Notes lo the financial staternents

TWEED VALLEY MOUNTAIN RESCUE TEAM {SCIO>
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2026
The trustees present their annual report and finan¢ial statements for the year endèd 31 March 2026.
The financial statements have been prepared in accordance with th8 accounting policie5 sel out in note 1 to the
rinanci81 sl8lements and comply with the Charity's governing docvment, the Charities and Tiustee Investment
{Scotland} A¢1 2005, the Charities Accounts Iscotlandl Regulations 2006. FRS 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by
Charities.. Staternenl of Recommended Practice applicable to charities preparing their accounts in accord8nce with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
Objectives and ¥¢tivitl•s
Objectives •nd alms
The organisalion's purposes are to facililale through Mountain Rescue
Ihe saving of lives,
the advancernenl of health, and
the location and relief of people who are lost, injured. missing, or otherwise in need of assistance.
For the avoidance of doubt, the term 'Mount3in Rescue ' include$ all terrain search arTrd rescue, and also such
community resilience actiwties as are deerned appropriate by the Gharity trustees Inorrnally. bul not èxclusively, in
agreement with the Chief Constable, Police Serw¢8 of Scotland or a delegated police officer).
Other areas ol team activity ale..
Providing assistance lo the community during adverse we81her events.
- Active participation in Scottish Mountain Rescue
Maintaining ielationships with partner organisations such as Police Six)118nd, Scottish Fire and Fiescue ser￿￿.
Scottish Arrbulance Service, HM Coastguaid Search and Rescue Helicoptèrs, Scottish 8order5 Counal a
neighbouring Mountain Rèscue Tearns affiliated lo Scottish Mountain Rescue and Mountain Rescue England and
Wales.
Piornotion ol safe practice in the mountains and hi115
Public ben8fil
The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the
Charity should undertake.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
A¢tAvi1￿$
Background
In September 1963 the first search and rescue team was fomed in the Borders. Originally the only one ol ils kind in
the South of Scotland and North-East ol England. the group ol volunteers wa5 named thè Border Search and
Rescue Unit. The idea behind the formation ol the original unil was prompted mainly because of an increase in the
number of persons, particularly young and inexperienced in hill ¢raft. walking the Cheviol Hills in all seasons, and
because of the then recent death5 in a snowstorm of two shepherds on the Northumbertand side of the Cheviot.
Due lo an inciÈase in the number ol incidents In both the Tweedsmuir and Lammermuir Hills, by 19S8. the unit
con5151ed of three sections the Roxburghshiie Section based at Yetholm., the Berwi¢kshire Section based 81 Duns
and the Selkirkshire Section based at Galashiels. The section which was based in Galashiels quickly became
established as a team in its own right and was named the Tweed Valley Mountain Rescue Team in 1973.
Over the years thè tèam has assisted the Police. and other agencies, whenever asked in a wide range of ts$ks,
often working alongside members ol the Border5 Sear¢h and Rescue Unit which now operates from Kelso The
tasks have ranged frotn the horrors of Lockerbie lo rescuing sheep stuck on ledges., from searching mi551ng
children to searching for despondent adults., from evacuating injured hill walkers to recovering the bodies ol suicide
ctims., from assisting at times of flood lo assisting during periods of heavy snows,. indeed providing assistan￿ over
a much wider remit than the name Mountain Rescue Team rnighl Suggest. The area covered by the team includes
significant expanses of open hill ground, lore51s, rivers. lochs, as well as villages. towns and the City of Edinburgh.
Although the team gets involved in a wide range of tasks the most comrnon is missing person search work The
team has developed ils skills in this area and has Iiainèd Search Managers who work alongside Police Officers on
such inadents.
A high priority for the tearn is lo ensurè the safety of its own members and those affected by 115 operations. Training
is the key and the team undertakes to Iiain members in the skills reqLSiied to carry out rts main tasks The team
continues lo train every Wednesday night as il has done since its earliest beginnings, as well as O￿aS1Onal
Sundays and weèkènds on all hill craft and rnounlain rescue techniques.
The tearn today is, in some ways, very differenl to that which started in the 1960's. However. it has not changed in
one very important way - it is still made up of commrtted volunteers from all walks of life who share the desire lo
hèlp another fellow human who rnay be suffering and need help. The team will continue to evolve to meet the
allenges which lie ahead to assist Poli¢e Seotland and the comrrunilies of the Borders.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Charitsble a¢tivities
In 2025. we weie c811ed out 54 times over 51 incidents and expended 1739 peison-hours on these jobs In 2024 we
were called out 81 times over 80 incidents and expended 2364 person-hours on these jobs. The large drop in
Callout number is largely due lo Significantly fewer callout5 to the new trails in Glenlres5 Iwhi¢h opened in late
20231. It is worth mentioning that il we removed the callouts lo thè new trails in Glentres5 in 2024, then our
remaining Callouts for that year would have nUmbe￿d 53 which would have been nearer the recent aver89e.
In 2025, 44°h of callouts were to 'SAS assist" tssking. This is a decrease on 2024156QAI and reflect5 the lowèr
pèrcentage ol MTB callouts. Thesè are mainly jobs involving mountain bikers and hill walkers In rural setling5.
The 2025 percentage breakdown of callouts fairly closely rllalches the main categories listed in our Family Booklet
12017-2021 aveiagesl. The percentages foi 2025 15 yr average 2017-2021 in brackets) are.. Missing persons 32°
130°knl,' Mountain Biking 33% 127°Al,' Hill walking.. 24¢/ts126°/.I', Various other.. 90/0111 OAI," Equestrian.. 2°/o120kl", Civil
Resilience.. O°/013°kl', Al Work." O°k11°kl. The peroenlages for Mountain Biking have rètumed closer lo the average
after the rise last year. In terms of the MoLJntain Biking callout5 this year". 2 callouts were in Cabeiston., 12 callouts
weie in Glèntress,. 3 callouts were in Innerleithen and 1 calloul w8$ elsewhere. In 2024, 2 ¢allouts were in
Caberston,. 32 ¢allouts were in Glentre55.' 1 Callout was in Innerleithen and 2 callouts were elsewhere.
In 2025, 4 callouts involved fatalities la reduction on 20241.
The hours we spend Idui81ionl on the different categories of callouts remains broadly in line with the Farnity 8ooklel
li51ings." Missing Person searche5 3-10 hours, Mountain Biking 2-3 hours". and Hill Walking 2-5 hours. Similarly. the
number of members involved in callouts rèmains broadly in line with Family Booklet figure5. In 2025. the maximum
numbei on Hillwalking callouts was 14 with 9enerally 8-14 available The maximum number on MTB ¢alloLJts was 22
with generally 9-15 8V8ilable. The maximum number on Missing Person callouts was 19 with generally 9-15
available.
In terms of where we were tasked (Local Authority areas), in 2025, 740A of callouts were in the Scottish Border5
ale8 In 2024, 64°/0 of callouts were In the Scottish Borders area In 2025, 6°k of callouts were in City if Edinburgh..
5°h in West Lothian,. 13°k in Mid Lolhian". and OQA in East Lothian. In 2024, 31°A of callouts were to City of Edinburgh
and the Lolhians. In 2025, 11°h of callouts werè to the Pentland Hills. In 2024, 16°k ol our callouts were to the
Pentland Hills In 2025, 20/0 of callouts were outside our area. So in 2025 we saw an increase in callouts in
Scollish Border5 with a reduction lo the Lothians land Pentlandsl and outside of our area.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Achievements and p•rfomiance
Significant a¢hvities and achievements 8g8Nnsl objectives
Tèam Leaderfs Report 202512026
As last year, let me please begin by thanking each and every team rnember, and their families and fiiènds, for the
many hours you spend in various ways SUPPOrting the purpose ol the Tweed Valley Mountain Rescue Team the
saving of lives, the advancement of health, and the location and relief of people who are lost, injured, missing. or
otherwise in need of a5sislanee.
This team. this ¢harity us
are viewed as being integral within the communty we serve, whether it's in the
northern part of the area, covering Edinburgh Arthur's Seat and the Penllands. the Central Belt. down Into the
Tweed Valley frorn Peebles through to Melrose in the East and heading way down south to Newcastlelon and the
8orderlands. In recent fund-raising activities, we have had piaise heaped upon thi5 team and its member5 by
Seottish Police, Scottish Borders Council and the rnany within the mountain biking communty
we should all be
very prDud of this.
Turning to call outs over the last year- 2025 saw us hrt 51 call outs, totaling 1739 hours, with, until earfy May 2026,
figure running at 14 call outs, with 230 hours of learr rHember time. Again, these call outs are a mix of hill users
walkers, bikers, riders. el
with a variety of things going on heart issues, broken bones, lost or just needing help
getting off the hill. From feedback from the casualties we rescued. all are very relieved at seeing the team turn up,
wrth a smile, a joke and a few comforting words.
The apparent reduction in calls seems to be mirrored in our nèighboring teams, with both BASRU and Ochils seeing
a similarly low number towards the end of last year and into 2026.
The team continues lo push the boundaries of training and preparation, with the r￿n1 roll out of new first aid
training, via Rhona, Jen, Neil J. Neil W land his team) being an excellent addition to what 15 really a Stage 1 RRMT
training, closing that gap between the BASP and the RRMT tiaifiings. And RRMT goes from sliength to strength
within the team, with nearly 20 learn members now trained. The Training and Medical Group5 herè needs to be
commended lor the great work they continue lo do. Even the rigging has been madè easy - ok, ea5ierl which is
no mean feall
On the mernbership front. we have seen the introduction of the Honorary, Operalionallcall Out and Associate
Membèrship levels, which seem5 to have been well received, with 7-8 team members now in the Assoaate role.
This has allowed us to bring in new team members whilst retaining the knowledge, skills and 'personalities' ol some
very well-respected team member5. The nèw tèam members are indeed the team's future...
Finally I would like lo say a huge thanks to the members of the cornmittee who have had to put up wlh quite a lot
this year, including some daft ideas, some change5 to structures and an evolution of the team and it operates,
the next land fina1?) slep being thè piloting of a Chairrteam Lead split. We are evolving the team to be as future
proof as we can be, to give the next leaders and team rnerrber5 confidence that this charity is run as professionally
as PL)ssible, transparently and safely. whère the casually a￿ayS comes first.
Thank you.
Pete Ha11
Team Leader, Tweed Vallèy Mountain Rescue Team

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
TRUSTEES, REPORT {CONTINUED
FOR THE YEAR ENDED 31 MARCH 2026
Fin•n¢i•l fyview
In line Mth othèr Scottish MRT'S the te8m continued lo receive funding from the Scottish Govemment during this
period.
The overall re5utts foi the year show a loss 01 £3,742 12Q25.' £56,871 surplusl, which is after £29,242 of
depreciation12025 £27.3021
Total income for the year decreased to £68,074 from £117.746.
The team continues to attend various local activities, such as mountain biking events. lo provk1e first aid cover and
raise funds for general use in the piovision of our core objectives, thèse amounts are noim811y included in the
fundr815ing figure recorded in the accounts. This year the income from fund raisin9 events ha5 deoreased to £9,914
from £10.386.
Unfortunately it 15 impracti¢al to list all those individuals and organisations who h8ve donated fijnds 01 goods and
services to the team, but the Committee would like to tske this opportunity to expres5 115 thanks to all who havè done
so in the last year.
Total expendiluie Increased in the period lo £71.816 from £60,873.
ResoThes policy
Due lo the uncertain nature ol funding for capitsl expènditure the team has adopted a policy ol having designated
fkjnds for the replacernent of team vehicles, into which an amount is transferred each year from the general fund.
The committee considers that the level of general reserves held at the year end is appropriat8 to the Team a5 there
is no agreement in place for the continued receipt of major funding from the Scottish Govemment.
Structure, governance and management
Tweed Valley Mountain Rescue Team was olficially formed following an Extraordinary General Meeting held in
November 1973. At this meeting, members of the Selkirkshire section Ifoimed 19881 of the Bordèrs Search &
Rescue Unit voted lo change the name to Tweed Valley Mountain Rescue Te8m and amend ihe existin9 constitution
to reflect that change of name.
From 1st February 2015 the team changed rts constitutional form to become a Scottish Charitable Incorporated
Organisalion ISCIOI. The SCIO operates with the same name and charity nurnber as the previously unincorporated
charity. having transferred all its activities, assets and liabilitie5 from that date.
As a result the SCIO constitution is the most recent one and became effectivè from 1 February 2015.
The trustees who served during the year and up lo the datè of signature of the financi81 statements were..
Mr l Brydon
IResigned 2 July 20251
Mr D Wiight
IResigned 22 August 20251
Mr P Hall
Mr N Jackson
Mr P MacDonald
Mr P Calhrow
Mr R Fitch
Mr C Wilson
Mr T Darlow
Mr N Wothèrsp<)on
Ms Jen Isherwood
Ms Rhona Morrison
Mr lain Hamilton
Mr Sandy Cleland
Mr Paul McGreal
(Resigned 2 July 20251
(Resigned 7 August 20251
(Resigned 2 July 20251
(Appointed 2 July 20251
(Appoinled 2 July 20251
(Appointed 2 July 20251
(Appointed 2 July 20251
(Appointed 2 July 2025}
Resruitment and appointment oftrustèes
Trustees are reciuited from team members with ￿levant experience, and ale appointed at the Annual General
Meeting, or co-opted 85 appropriate.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Organisation81 stmctu
Gènèral structure
The structurè of the team consists of=.
the MEMBERS
who have the right lo attend membèrs. meetings (including any annual general meeting) and
have important powe[$ under the constitution., in particular, the members appoint people to serve on the exe¢utive
and lake decision5 on ¢hangèS to the constitution itself The number of members ol the organisation will be held at
a level deemed appropii8le by the executive at any lime in order that the organisalion can effectively achieve 11$
purposès".
e EXECUTIVE who hold regular meetings. and generally control the a¢tivili8s of the organi5alion". for example,
the EXECUTIVE is responsible for monitoring and controlling the financial p0511ion of the organisation.
MEMBERS
Qualifications for membership
Membership is open to any individual aged 16 years and over who arè prepared to support the purwses of the
organisation.
Employee5 Of the organisation are not eligible for membership.
Application foi membership
- Any person who wishes lo become a member musl 8pply in writing to the team and then follow the requirements ol
membership.
The executive may, al its discretion, refuse to admit any person to membership.
The exe¢utive must notify each applicant promptly lin writing 01 by email) of ils decision on whether or not to admit
himlher lo membership.
Merrbership subseription
No membership subsciiplion will be payable.
Register of members
The executive mu31 keep a ￿gIster of members
EXECUTIVE
The Team's managing body is a committee consisting of experienced members in key roles. as listed on page 1.
which meets regularly throughout the year. The committee members are ele¢led at the Annual General Meeting and
hold their oftices for varying periods.
Members of the Executive (Charity Trustees)
The maximurll nurnber of charity trustees is 12. The minimum number of charity Iruslees is 3
A person will not be eligible for election or appointrnenl lo the executive unless helshe is a member of the
oiganisalion. A person can be co-opted lo the Executive Ihiough opèration ol clause 59 of the ¢onstitution or sland
ft)i election in terrns of clauses 58. 59 and 60 thereof.
A person will not bè èligible for election or appointment lo the executive il helshe is".
disqualified from being a charity trustee undei the Charities and Trustee Investment Iscotfandl Act 2005.. or
an employee of the organisation.
Register of charity trustees
The executive rnust keep a registèr of charity trustees
Decision making
Except where the constitution states olhetwise. the organisation land its assets and operations) will be managed by
the executive.. and the èxecutive may exercise 811 the powers of the organisation.
A meeting of the executive at which a quorum 15 piesent may exerase all powers exerrysable by the executive
The members rnay. by way of a resolution passed ill compliance with clause 45 01 the ¢onstitution Irequiiemenl for
fv40-Ihirds majority), direct the executive to take any particular step or direct the executive not tr) take any particulai
step. and the executive shall give effect to any such direction accordingly.
Procedure at board meetings
No valid decisions can be taken 81 an èxécutive meeting unles5 a quorum is presenl,. the quorum for executive
rneetings is 50QA of charity trustees appointed at the last AGM, present in person.
Every charity Iruslee has one vole, which rnu51 bè given personally.
All decisions al exècutive meetings will be made by majority vote. If there is 8n equal number of voles lor and
against any resoluli(>n. the chairperson of the mèèting will be entitled to a second1¢8Stingl vole.
The executive may. 81 ils discretion, allow any person lo attend and speak at an executive meeting notwithsl8nding
that helshe is not a charity trustee- but on the basis that hèlshe must not participate in decision-making.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2026
Othermatters
Related parties
A charity trustee must not vole 81 a executivè meeting lor at a meeting of a sub-committee) on any resolution which
relates lo a matter in which helshe has a person81 intèrèst or duty which confli¢t5 lor may conflict) with the inte￿$tS
of the org8ni5alion," helshe musl withdraw from the meeting while an item of that nature is bèing dealt with.
For the purposes of the above".
an interest held by an individual who is "connected" with the charity Iru$leÈ under section 68121 ol the Charities
and Trustee Investment IScollan($1 A¢t 2005 {husbandlwife, partner, child, parent, brotherlsisler etcl shall be
deemèd lo be held by Ihal charity Iruslee..
charity IIu51ee will be deemed lo have a personal interèst in relation to a particular matter if a body in relation lo
which helshe is an employee, director, member of the man8gement committee, officer 01 ele￿ed representative has
an interest in that matter.
Ri$k m•nog•m•nt
The Iiuslees havè a duty to identify and ieview the risks to which the charity 15 exposed and to ensure appropriate
cA)ntrols are in pla￿ lo provide reasonable assurance against fraud and error.
The commfftee has a55essed the major risks to which the team is exposed and suitable systems have been put in
place lo rnitigate these as far as possible.
The trustees, report was approved by the Board of Trustees.
Mr P Hall
Trustee
3 June 2026

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIOI
I report on the financial statements of the Charity for the year ended 31 March 2028, which are sd out on pages 9
to 19.
Re$p&ctlve responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation ol thè financial statements in 8¢¢ordance with the terms of
the Charities and Trustee Investment Iscotlandl Act 2005 and the Charities Accounts {Scollandl Regulations 2006
The Charity trustees consider that the audrt requirement of Regulation 1011llaklcl of the Charities Accounts
IScotlan(Jl Regulations 2006 does not apply
11 is my responsibilty lo examine the financial statements as required under 5edion 4411 Ilcl of the Charities and
Tru51ee Investment (Scotlandl Act 2005 and to stale whether particular matters have corne lo my attention.
Basis of independ¢nt èxaminer's statement
My examination is carried out in accordance with Regulalion 11 of the Charities Accounts Isccillanifj Regulations
2006. An exarnination includes a review of the accounling records kept by the charity and a Comparis¢￿ of the
financial statements presented with those recoids. 11 also includes consideration ol any unusual ilerns or dis¢losures
in the financial slatetnenls, and seeking explanations from the trustees concerning any such matter5. The
piocedures undertaken do not provide all Ihe eviden￿ that would be required in an audrt. and consequently I do not
express an audit opinion on the view given by the financial slalements.
Independent ex#min•ls statement
Since the Charty has prepared its finanrial ststèments on an accruals basi5 and is also registered in Scotland, the
independent ex8miner must be a rnember of a body listed in Regulation 11121 of thè Charities Accounts (Scotlandl
Regulations 2006. 1 confirm that l am qualified lo undertake the examination because l am a rnembei of The
Institute of Chartered Accountants of Scotland, which is one of the listed bodies.
In the course of my examination, no matter has come to my attention
1. which gives rne ￿aSOnable cause to believe that in any material respect the requirements..
to keep accounting records in accordance with Section 4411llal of the Gharilies and Truslee Investrnent
Iscollandl Act 2005 and Regulation 4 of the Gharrties A¢eounts (Scotlandl Regulations 2006, and
to prepare financial statèments which accord with the a¢¢ounting records and comply with Regulation 8 of
thè Charities Accounts IScollan($1 Regulations 2006
have not been met, or
2. to which, in tny opinion, attention should be drawn in order to enable 8 pioper understanding of the financial
statements lo be leached.
Kevin Fè
uson
Riverside House
Ladhope Vale
Galashiels
TD1 1BT
3 June 2026

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2026
Unrestrlcted Restricted
funds
ftjnds
2026
2026
Total Unrestricted R¢strlcted
funds
funds
2025
2025
Total
2026
2025
Notes
In¢omè from:
Donations and legacies
Charitable activities
other Iiading a¢tivitiès
Inveslrnenls
21,009
21.009
32,379
9,914
4,772
29,819
37,001
38,026
66,820
36.026
10,386
4,512
32.379
9.914
4.772
10,386
4,512
Total Income
35,695
32,379
68.074
44,717
73,027
117,744
Expenditure on..
blè activities
S8ving of Lives
11,925
59,890
71,815
9,538
64.835
74,373
Other expendituie
113,5001
113,5001
Totsl expendlture
11,925
59,890
71.815
13,962}
64,835
60,873
Nèt Incomellexpenditurel
23,770
127,5111
13,7411
48,679
8,192
56.871
Transfers between
funds
19,8511
9,851
111,046)
11,046
Net movement in
funds
13,919
117,6601
{3,7411
37,633
19,238
56.871
Reconciliation of funds:
Fund balan￿S al 1 April 2025
367,246
166,298
533.544
329,613
147,060
476,673
Fund balan¢e$ at 31 March
2026
381,165
148.638
529,803
367.246
166,298
533,544
The staternent of finanaal activities includes all gain5 and losses recognised in the year. All income and expenditure
derive from continuing aclivilies.
The notes on pages 11 to 19 form p8rt of these financial staternent5.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
BALANCE SHEET
AS AT 31 MARCH 2026
2026
202S
Notes
Fixed a$¥ets
Tangible assets
250.920
280,161
Current assets
Debtors
Cash al bank and in hand
10
10.46
269,417
9.166
245,973
279,883
255.139
Creditors.. amounts f¥lling du• wlthln
one year
11
11,0001
11.7561
Net current assets
278,883
253,383
Total assèts less current liabilities
529,803
533.544
The funds of th• Charity
Restricted income funds
Unrestricted fund5
148.838
381,165
166.298
367,246
529.803
533.544
The notes on pages 11 to 19 form part of these finan￿al slalements.
The financial statement
ere approved by the trustees on 3 June 2026
MrPHa
Trustee
Mr N Wolherspoon
Tru$ts•
10-

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Accounting policies
1.1 Basis of preparatlon
The finanaal statements have been prepared in accordance with the Charity's governing do¢ument, the
Charities and Trustee Investment (Scotlandl Act 2005, the Charities Accounts Iscotlandl Regulations 2(K)6,
FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Irèland" and the Gharilies
SORP "Accounting and Reporting by Charities.. Slatetllent of Recommended Practi￿ applicable to charities
preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable In the UK and
Republic of Ireland IFRS 1021" The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage ol the provisions in the SORP for charrties not to prepare a statement ol
cash flows.
The financial staternents are prepared in sterfing, which is the functional ¢urrencg of the Charity. Monetary
amounts in these financial staternents are rounded to the nearest £.
The financial statemen15 have been prepared under the historical cost convention, modrfied to include the
revaluation of treehold properties and to indude investment properties and certain finan¢i81 instruments al lair
Value. The principal accounting policies adopted are set out below
1.2 Going concern
At the time of approving the financial slalements. the trustees have a reasonable expectation that the Charity
has adequatè resources to continue in oper81ional existence for the foreseeable future. Thus the li￿tee$
continue to adopt the going concem basis of accounting in prèparing the finanaal 51alements.
1.3 Charitable funds
Unrestricted funds are available for use al the discrètion of the trustees in furtherance of their charitsble
objectives.
Restricted funds are subject lo specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of thè restricted funds are set out in the notes to the finanaal 51alements.
Endowment funds are subjecl to specific Condit￿nS by donors Ihal the Capital must be maintained by the
Charity.
1.4 Income
Income is reeognised when the Charity 15 legally entitled to it after any perfomance conditions have been
met, the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recogni5ed on receipt. Other donations are recogni5ed (>nce the Charity ha5 been notified
of the donation, unless performance con(Jilions require deferral of the amount. Income tax recoverable in
relation lo donations reTrived under Gift Aid 01 deeds of covenant is recognised at the time of the donation.
Legacies arè recognised on receipt or olhetwise if the Charity has been notified of an impending distribution,
the amount is known, and receipt is expected. 11 the amount is not known, the legacy is Iiealed as a
conlingenl asset.
Donations in Klnd
Where il is possible to readily place a value on goods and services donated to the Team these have been
included within the accounts. Where no value 15 readily available no account has been made for the￿ items.
The time input by Team members has not been accounted for.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2026
A¢¢ounting poli¢ie$
(Continuedl
l.S Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economi¢ bènefit to
third party, it is probable that a transfer of economic benefits will be required ir? settlement, and the amount ol
the obligation can be rneasured reliably.
Expenditure is clas&fied by activity. The cosls of each aclwity a￿ made up of the total of dir￿1 costs and
shared costs, including support costs involved in undertaking each a¢tivity. Direct costs attributable to a single
actiwty are allocated directly lo that activity. Shared costs which contribute to more than one a¢tivity and
support costs which are not altribulable lo a 51nglè activity are apportioned beiwèen those activities on a basis
¢onsistènt with the use ol resources. Gentr81 staff costs are allocated on the basis of time spent. and
eprecialion Charges are allocated on the portion of thè asset's use.
1.6 Tongibl¢ fixèd assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. nel ol
depre￿allOn and any impairment losses.
Deprèciation is recognised so as to write off the cost or valuation of assets less their resklual values over Iheii
useful lives on the following bases..
Freehold land and buildings
Motor vehides
4¢/ts on cost
10% on cost
The gain or loss arising on the disposal ol an asset is determined as the diffÈience between the sale pro¢eeds
and thè carrying value of the asset, and is recognisèd in the statement of financial a¢tivilies.
The Team's major first aid equipment is supplied through Scottish Mountsin Rescue. Other majtsr equipment
puich85es ale largely grant or specific donation funded with any balance paid by the Team written off in the
year of purchase
The iernaining costs lo the Team of equipment purchases are trèated as an expense in the year of purchase
due to their largely consumable nature.
1.7 Impairrnent of fix¥d ass•ts
Al each reporting end date, the Charity ieviews thè carrying arnounts of ils tangible assets to determine
whelhei thère is any indication that those 85sels have suffered an impairrnenl loss. If any such Ind￿atIOn
exists. the recoverablè amount of the asset is eslimaled In order to determine the exlenl of the impairment
loss lif any).
1.8 Cash and cash èquival•nts
C85h and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original rnaturities ol three months or less, and bank overdrafts. Bank overdrafts are shown
within boriowings in current l￿bilI￿.es.
1.9 Flnancial instruments
The Charity has elected to apply the prowsion5 of Section 11 '8asic Financial Instruments, and Section 12
'Othei Finan¢i81 Instruments Issues, of FRS 102 10 all of ils financial instruments.
Financjal inslrurrenls ale re¢ognised in the Charity's balance sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilitie5 8re offset. with the net amounts presented in the financial statements. when
there is a legally enforceable right lo Sel off the recognised amount5 and Ih&rè is an intention lo sellle on a net
basis or to realise the asset and settle the liability simultaneously.
12-

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Accounting polielgs
Icontinuedl
Baslc flnancial assets
Basic financial a55els. whi¢h include debtors and cash and bank balances, are initially measured at
Iiansadion pri￿ including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangerrenl constitutes a financing Iransa¢titsn, where the Iiansaction is
measure(J 81 the present value of the future re¢eipl$ discounted at a market rale of interest. Financial a55ets
classified as receivable within one year are not amortised
Baslc flnanclal liabilities
Basic financial liabilitie5. in¢luding ¢rèdrtors and bank loans are initially re￿gnised al transaction price unless
the arrangemenl conslilule5 a finan¢ing transaction, where the (Sebt instrument is measured at the present
value ol the future payments discounted al a market rate of interest. Financial liabilities dassified as payable
within one year are not amortised.
Debt inslrumenls are svbsequèntly carried at amortised cost. using the effective inleiesl rate method.
Trade credrtors are obligations lo pay for goods or services that h8vÈ been acquired in the ordinary ctsurse ol
operations from suppliers. Amounts payable are classified as curienl li8bilities il payment is due within one
year or less. 11 not, they are presented as n0n-Cur￿nt liabilities. Trade creditors are recognised initially at
Iransactitsn price and subsequently measured 81 amortised cost using the effective interest method.
DÈr•cognition olfinancial IITabilitié$
Financial liabilities are dereeognised when the Charity's contractual obligations expire or are discharged or
cancelled.
1.10 Taxation
The charity is exempl from tsx on ils charitable activities.
1.11 Employ*¢ bènefits
The cost of any unused holiday entitlernenl is re¢ognised in the period in which the employee's 5ervice5 are
received.
Temiination benefits ale rècognised immediately a5 an expense when the Charity is demonstrably committed
to terminate the ernp5oymenl of an employee or to provide lerminats'on benefits.
1.12 VAT
Whilst the Team is not règistered for VAT, in line with other rèscue charities it is able lo benefit from VAT
legislation that allows these charrties to apply for a refund of VAT. Incurred on certain types of expenditure,
from HMRC. In addition, and where applieable, the Team has ulilised VAT exemption rules for the purd)ase ol
equipment.
When a ￿fUnd has been possible the refunded VAT has been ottset against the relevant expense lines in the
accounts.
Where neither a refvnd nor exemption apply. the VAT element ol the cost lo the Tèam has been incI￿jed in a
separate expense line within the accounts.
13-

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Aeeountlng pollcies
Icontinuedl
1.13 Fund accounting
Unrestrictsd fund$ Can be used in accordance with the ¢harrtable objectives al the discretion of the trustees.
R8strScted 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 iaised for particular restricted purposes.
Sufficient resourees are held in bank accounts lo enable the restricted funds to be applied in accordance w(th
the restrictions imposèd
Designatsd Funds are funds Sel aside by the Team for a specific purpose, but are not permanenuy 8SS1gned
to that purpose and can be re-a55igned should it be agreed by the Tearn members.
For an explanation ol the different Funds involved please see note 7 of the a¢eounts.
Critical accounting estimotss and judgements
In the application ol the Charity'5 accounting policies, Ihe Iruslees are required to make judgements.
eslimales and assumptions about the carrying amount of assets and liabilitie5 that are not readily appaienl
from other 50ur¢es. The estimates and associated assumptions are based on historical experience and other
factors that ale considered to be relevant. Actual resu115 may differ from these estimates.
The estimates and underlying 8ssumptions are reviewed on an ongoing basis. Revision5 to aceountino
estimates are recognised iri the pefiod irn which the estimate is rewsed where the revision 8ffecls ￿lY that
period. or in the period of the revision and fvture periods where the revision affe¢ts both current and futu[&
periods.
Income from other trading a¢tivitiè$
Unrnstricted Unrestri¢t*d
funds
funds
2026
2025
Fundraising even15
9.914
10,386
In¢omè from investments
Unr•strleted Unrestricted
funds
funds
2026
2025
Intèrest receivable
4,772
4.512
14-

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Expenditure on charltable activities
Saving of
Lives
2026
Savlng of
Llves
2025
Direct ¢o$ts
Depiecialion and impairment
Advertising
Property expenses
Sundry expenses
Insui8n¢e
Professional fees
Irie¢overable VAT
Motor expenses
Training expenses
Equipment èxpenses
29,241
790
3,904
3.020
1,724
2,642
479
15.077
6,879
8,059
27.302
1,583
2,366
2,693
1.565
1,240
715
14,009
7.087
15,813
71.815
74,373
Anal￿15 by fund
Unrestiicted fLJnds
Restricted funds- general
11,925
59.890
9,538
64,835
71,815
74,373
Net movement in funds
2026
2025
The net movement in funds is stated after thargingllcreditingl..
Fees payable for the independènt examination of the d)arity's financial
statements
Depreciation of owned tangible fixed assets
L05sllprtsfitl on disposal of tangible fixed assets
29,241
27,302
113,5001
Tru¥ts•s
There were no Iiusltres, remuneration or other benefrt$ for the year ended 31 sl Marth 2026 nor for the year
ended 3131 March 2025.
Tru$t••s' expenses
During the period there were £534 12025 £8781 of expenses reimbursed tts Trustees. These amounts al
related lo rèimbursement for personal fuel used In the course of the chafitable activities and involved 712025
4} of the Tiustees. These amounts are included within vehide expenses for ch8ritsblè activities.
15

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Othèr expenditure
Unrestrlctsd Unregtrictsd
funds
funds
2026
2025
Nel loss on disposal of tangible fixed assets
113,5001
Tanglble fix8d assets
Fr8ehold land
and bulldings
Motor
V8hlck9S
Total
Cost
At 1 April 2025
239.945
214,477
454,422
At 31 March 2026
239,945
214.477
454,422
Depre¢latlon and impairnient
At 1 April 2025
Depreci81ion ¢harged in the year
67.185
9.598
107,076
19,643
174.261
29.241
At 31 March 2026
76.783
126,719
203.502
Carrying amount
Al 31 March 2026
1S3,162
87,758
250,920
At 31 March 2025
172.760
107,401
280,161
10 ￿btOrS
2026
2025
Amourts falllng due within one ye•r'.
Other debtors
Prepayments and accrued income
5,409
5,057
3,988
5,198
10,466
9,166
11
Cr•dltors: amounts falling duè wlthln one year
2026
2025
Accruals anil deferrèd income
1,000
1,756
The bank oveidraft shown above is a re5uM of monies due in at the year erid for a speafic fund less monies
due out for that 5arne fund, and is therefore a timing matter rather than a genuine overdraft. and is rnoie than
adequately covered by the general fund balance.

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
12 Re¥tricted fvnd$
The restricted funds of the charity ctsmprisè the unexpended b8lan¢es of donations and grants held on trust
subject to specific conditions by donoT5 85 lo how they may be used.
At 1 April
202S
Incoming
reSoU￿e$
R￿oUrceS
expended
Transfers At 31 March
2026
Scottish Govemment Funding
Vehicle purchases fund
Equipment purchase lund
Melrose base
32,379
142,2301
111,4111
9,851
51,036
2,780
112,482
39,625
2,780
106.233
16,2491
166,298
32,379
159,8901
9,851
148.638
Previou¥ yeor-
At 1 April
2024
Incoming
resources
Resources
expended
Transfèrs At 31 Mar¢h
2025
Scottish Gtsvernmènt Funding
Vehiclè purchases fund
Equipment purchase fund
Melrose base
38,027
37,000
147.0731
111,5131
11,046
25,549
2,780
118,731
51,036
2,780
112,482
16,2491
147.060
73,027
164,8351
11,046
1e6,298
13 Unrestri¢t•d funds
The unrestricted funds of the ¢harity comprise the unexpended balances of donations grants which are
not subjecl to specific conditions by donors and grantor5 as lo how they may be used. These Indude
éesignatèd funds which have been Sel asidè out of unrestricted funds by the trustees for speafic purposes.
At 1 Aprll
2025
Incoming
resourcès
Resource¥
expended
Trdnsfers At 31 Morch
2026
Vehicle Rep18cement Fund
Gener81 funds
86,413
280,833
14,100
123,9511
100,513
280,652
35,695
111.9251
367,246
35,695
111,9251
19.8511
381,165
17-

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
13 Unrestricted fund$
(Continued)
Prèvlous year:
At 1 Aprll
2024
Incoming
resources
R•sourc•s
¢xpendÈd
TransfeTr At 31 March
2025
Vehicle Replacement Fund
General funds
94,966
234,647
18,5501
12,4961
86,416
280,830
44,717
3,962
329.613
44,717
3.962
{11,0461
367,24
14 Analysis of net •$sèts b&￿een funds
Unrestricted
funds
2026
Restri¢t•d
funds
2026
Totsl
2026
At 31 March 2026..
Tangible assets
Current assetsllliabilitiesl
104,962
276,206
145,958
2,677
250.920
278,883
381,168
148,635
529.803
Per b•lan¢¢ sheet
Balanc• to allocate
381,165
131
148,638
529,803
Unrnstriet•d
funds
2025
Restricted
funds
2025
Total
2025
At 31 Mareh 2025:
Tangible assels
Current asselsllliabilitiesl
116,642
250.604
163.519
2,779
280.161
253,383
367,246
166.298
533,544
18-

TWEED VALLEY MOUNTAIN RESCUE TEAM (SCIO)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
14 AnalyBiS of net assèts betsyeen funds
IContinu¥dl
Explanation of the different funds listed above..
The designated fund for Vehicle Rep18¢6ment Ilisted under unrestricted funds) has been inlioduced to set
aside monie5 for thè futvre replacement of Te8m vÈhides with a set amount transferrèd from General funds to
this fund each year lo offset future costs.
The Scottish Government Funding monies are for the payment of the day to day running costs of the Tearn,
induding those costs associated wlh 115 charitable adivities. The restriction on thèse funds is that they are not
for accumulating toward a capital expense.
The restricted fund for Vehicle Purchase represen15 grants and donations received foi speafic vehicle
purchases and is rnalched lo the asset bought. The income from this fund is written off al the samè rate as the
asset it relates to is depreciated in the balance sheet.
The resliicted ftjnd for Equipment repie5ents grants and donations received for a specific purchase and the
expenses thereby incurred. Any excess of cost over funds re￿iVed is shown 8$ a deficit on this fund and is
covered trom unre51rided Team funds.
The ￿StrIcted fund for R8dios represents money received from Scottish Mountain Rescue for the
maintenanee and, where necessary. replacement of radio equipment until su¢h time as a nation81 programme
ol ￿plaCem￿nt can be achieved to meet frequency changes.
The restricted fund for the Melrose Base iepre5entS the monies received, and 8ssetslseNices received in
kind, in connection with the purchase and redevelopment of the new Team base. Monies in this fund are offset
by the asset in the balance sheet for the new base.
15 R•lated party transactions
There were no disclosable related party transactions during the year12025- none).
19-