Tracking ID: 1032449-1302623
## **Charity registration number SC015356**
## **TORRIDON MOUNTAIN RESCUE TEAM**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 NOVEMBER 2025**
Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Miss N Jackson Mr C G Burrow Mr R Maclean Mr D Bartholomew Mr T Tindale Mr B Watson Mr A Jackson P Bolton
## **Senior management**
Nicola Jackson Chairperson Alasdair Jackson Treasurer Tom Tindale Team Leader Charlie Burrow Training Officer Ben Watson Training Officer Doug Batholomew Deputy Team Leader Paul Bolton Deputy Team Leader Ryan Maclean Medical Officer
## **Charity number**
## **Independent examiner**
SC015356 Mark Sanderson Bsc(Hons), CA MacKenzie Kerr Limited Chartered Accountants Redwood 19 Culduthel Road Inverness IV2 4AA
Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **CONTENTS OF THE FINANCIAL STATEMENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 15|
Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 NOVEMBER 2025**
The trustees present their annual report and financial statements for the year ended 30 November 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) 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: 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)".
## **Objectives and activities**
The charitable purpose of the Charity is the saving of lives.
The objectives of the Charity are to provide, free of charge, a mountain rescue service for members of the public who are injured, lost, missing or immobilised anywhere in the mountains or elsewhere; to organise co-operation between interested parties; to acquire, maintain and hold in readiness all equipment and apparatus necessary for carrying out the organisation's purposes; and to afford opportunities for members of the organisation to practise the skills required for carrying out the primary objects of the organisation.
## **Achievements and performance**
## _Significant activities and achievements against objectives_
Torridon Mountain Rescue Team continues to operate effectively as a team, with regular training and effective conduct of voluntary work to save lives. All team members are unpaid volunteers. We rely heavily on donations to operate, including to attend callouts, maintain rescue equipment, deliver regular training and operate our rescue base. Our team is available any day of the year to assist those in need.
Our national representative body is SMR and we are deployed under the authority of Police Scotland. The majority of our operations are situated in the Torridon area. This area includes challenging terrain over 17 Munros. We also provide support for neighbouring rescue teams, including Dundonnell and Kintail and the Scottish Cave Rescue Organisation. Joint training with these teams has aided cooperation in callouts. We have recently established a cooperative canyon rescue team, in connection with growing popularity of this activity, sharing expertise and resources with neighbouring mountain rescue teams.
Torridon Mountain Rescue Team is improving operational efficiency through adoption of a SARCALL system. This system is already used by the majority of rescue teams across Scotland. Following a period of testing, the new system will provide us with a secure, multi-agency digital platform that has improved real-time communication and rescue coordination efforts.
The team have brought on new trainees to maintain sufficient rescue team members and assure future operation of the team. We have re-introduced a mentoring system, partnering new members with experienced long-standing team members. A training matrix has been shared with new team members, which is supporting awareness of knowledge and experience required to become effective rescue team members.
Torridon Mountain Rescue are fortunate to have a significant number of new local team members with a medical background and we now have a strong level of expertise across the team. This is supporting training across the team and accelerating team members in gaining the new Remote Rescue Medical Technician (RRMT) qualification.
Two new local events have been added to the team calendar to support with fundraising. The support structure of an existing event is reviewed to reduce risk and improve mountain safety.
## **Financial review**
Our main source of funding is through donations and grants from Scottish Mountain Rescue and Police Scotland.
A surplus of £2,392 has been made during this financial year compared to a surplus of £80,047 last year. In the view of the trustees, the Charity has sufficient reserves to enable it to continue to operate for the foreseeable future.
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **Plans for future periods**
As the team rescue base has been in operation for a number of years, it is getting toa point where we require greater intervention in base maintenance. Regular general building inspections will continue to be conducted by volunteer team members. New fitouts for storing equipment have been constructed using volunteer hours and skillsets. Additional furniture is required to enhance current base functionality for training and callouts.
A fairly significant outlay is required in terms of new rescue kit; equipment is required to be purchased for new team members for safety and effective operation in a mountain environment. Expired equipment is required to be replaced for some existing team members, this includes replacement of team helmets for safe operation in the mountains and when operating in the vicinity of helicopters. A new Gear Log system is being introduced, to better plan for cost outlays required for gear replacement and support in ensuring equipment is within advised safe period of use.
## **Structure, governance and management**
The Charity ls a Scottish Charitable Incorporated Organisatlon (a SCIO). It was registered with the Scottish Charity Regulator (OSCR) in its current legal form on 17 November 2015. The charity was previously a Charitable Company Limited by Guarantee, registered in Scotland (number SC276447) under the name "Torridon & Klnlochewe Mountain Rescue Team".
Its legal form was changed to a SCIO and assets of the Charitable Company Limited by Guarantee were transferred to the SCIO, at registration, on 17 November 2015.
It has a single tier structure and as such the trustees are the members of the charity.
The trustees who served during the year and up to the date of signature of the financial statements were: Miss N Jackson Mr C G Burrow Mr R Maclean Mr I Jones (Resigned 7 December 2025) Mr D Bartholomew Mr T Tindale Mr B Watson Mr A Jackson P Bolton
## _Recruitment and appointment of trustees_
Trustees are elected at each annual general meeting with the requirement that a majority of the trustees shall be team members of the Charity. It Is the policy of the Charity to appoint trustees with significant experience of the Team's activities to ensure that they are familiar with the values, aims and responsibilities as the designated trustees of the Charity.
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
Miss N Jackson
## **Trustee**
14 August 2026
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TORRIDON MOUNTAIN RESCUE TEAM**
I report on the financial statements of the charity for the year ended 30 November 2025, which are set out on pages 5 to 15.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1)(a)-(c) of the Charities Accounts (Scotland) Regulations 2006 does not apply.
It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements.
## **Independent examiner's statement**
In the course of my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with Section 44(1)(a) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006, and
- to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Charities Accounts (Scotland) Regulations 2006
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
## **Mark Sanderson Bsc(Hons), CA**
MacKenzie Kerr Limited Chartered Accountants Redwood 19 Culduthel Road Inverness IV2 4AA 17 August 2026
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)**
## **FOR THE YEAR ENDED 30 NOVEMBER 2025**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
57,700
20,000
Investments
**3**
1,839
-
**Total income**
59,539
20,000
**Expenditure on:**
Charitable activities
**4**
92,319
11,222
**Total expenditure**
92,319
11,222
**Net income/(expenditure)**
(32,780)
8,778
Transfers between
funds
(5,901)
5,901
**Net movement in**
**funds**
**6**
(38,681)
14,679
**Reconciliation of funds:**
Fund balances at 1 December
2024
698,780
-
**Fund balances at 30**
**November 2025**
660,099
14,679|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
77,700
47,636
4,065
1,839
2,479
-
79,539
50,115
4,065
103,541
47,815
3,973
103,541
47,815
3,973
(24,002)
2,300
92
-
92
(92)
(24,002)
2,392
-
698,780
696,388
-
674,778
698,780
-|**Total**
**2024**
**£**
51,701
2,479|
|---|---|---|
|||54,180
51,788|
|||51,788|
|||2,392
-|
|||2,392
696,388|
|||698,780|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **BALANCE SHEET**
## **AS AT 30 NOVEMBER 2025**
|**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**12**
**Net current assets**
**Total assets less current liabilities**
**The funds of the charity**
Restricted income funds
**13**
Unrestricted funds
**14**|**2025**
**£**
682
296,849
297,531
(2,625)|**£**
379,872
294,906
674,778
14,679
660,099
674,778|**2024**
**£**
507
310,855
311,362
(2,500)|**£**
389,918
308,862|
|---|---|---|---|---|
|||||698,780|
|||||-
698,780|
|||||698,780|
The financial statements were approved by the trustees on 14 August 2026
Miss N Jackson **Trustee**
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **1 Accounting policies**
## **Charity information**
Torridon Mountain Rescue Team is a Scottish Charitable Incorporated Organisation (SCIO) registered with the Office of the Scottish Charities Regulator (OSCR). It's principal address is 22 Burnside Terrace, Gairloch, IV21 2BY.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) 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: 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)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **1 Accounting policies (Continued)**
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings 20% reducing balance Fixtures, fittings and equipment 20% reducing balance Motor vehicles 20% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **1 Accounting policies (Continued)**
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **2 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
28,381
-
Legacies
5,000
20,000
Grants
24,319
-
57,700
20,000|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
28,381
31,200
-
25,000
-
-
24,319
16,436
4,065
77,700
47,636
4,065|**Total**
**2024**
**£**
31,200
-
20,501|
|---|---|---|
|||51,701|
## **3 Income from investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Interest receivable|1,839|2,479|
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
|**4**|**Expenditure on charitable activities**|||
|---|---|---|---|
|||**Mountain**|**Mountain**|
|||**rescue**|**rescue**|
|||**service**|**service**|
|||**2025**|**2024**|
|||**£**|**£**|
||**Direct costs**|||
||Depreciation and impairment|10,046|15,478|
||Team training|19,213|5,855|
||Base costs|7,099|-|
||Team equipment and consumables|50,273|10,284|
||Team expenses|1,788|11,335|
||Legal and professional|109|35|
||Vehicle expenses|10,294|3,665|
||Sundry expenses|1,594|2,156|
|||100,416|48,808|
||**Share of support and governance costs (see note 5)**|||
||Governance|3,125|2,980|
|||103,541|51,788|
||**Analysis by fund**|||
||Unrestricted funds|92,319|47,815|
||Restricted funds|11,222|3,973|
|||103,541|51,788|
|**5**|**Support costs allocated to activities**|||
|||**2025**|**2024**|
|||**£**|**£**|
||Governance costs|3,125|2,980|
||**Analysed between:**|||
||Mountain rescue service|3,125|2,980|
|**6**|**Net movement in funds**|**2025**|**2024**|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|3,000|2,980|
||Depreciation of owned tangible fixed assets|10,046|15,478|
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **7 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **8 Employees**
The average monthly number of employees during the year was:
||**2025**|**2024**|
|---|---|---|
||**Number**|**Number**|
|Total|-|-|
There were no employees whose annual remuneration was more than £60,000.
## **9 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **10 Tangible fixed assets**
|**Freehold land**
**and buildings**
**Fixtures,**
**fittings and**
**equipment**
**£**
**£**
**Cost**
At 1 December 2024
362,296
66,592
At 30 November 2025
362,296
66,592
**Depreciation and impairment**
At 1 December 2024
1,973
42,157
Depreciation charged in the year
-
4,887
At 30 November 2025
1,973
47,044
**Carrying amount**
At 30 November 2025
360,323
19,548
At 30 November 2024
360,323
24,435
**Debtors**
**Amounts falling due within one year:**
Other debtors|**Motor**
**vehicles**
**£**
46,851
46,851
41,691
5,159
46,850
1
5,160
**2025**
**£**
682|**Total**
**£**
475,739|
|---|---|---|
|||475,739|
|||85,821
10,046|
|||95,867|
|||379,872|
|||389,918|
|||**2024**
**£**
507|
## **11 Debtors**
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **12 Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**|||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Accruals and deferred income|2,625|2,500|
## **13 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
||**At 1**|**Incoming**|**Resources**|**Transfers**|**At 30**|
|---|---|---|---|---|---|
||**December**|**resources**|**expended**||**November**|
||**2024**||||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|Training funds|-|-|(3,035)|5,901|2,866|
|Gear|-|20,000|(8,187)|-|11,813|
||-|20,000|(11,222)|5,901|14,679|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**Transfers**|**At 30**|
||**December**|**resources**|**expended**||**November**|
||**2023**||||**2024**|
||**£**|**£**|**£**|**£**|**£**|
|Training funds|-|4,065|(3,973)|(92)|-|
## Training funds:
This represents funds provided by Scottish Mountain Rescue UKSAR Training Fund to be used specifically towards team training costs.
## Purchase of equipment:
This represents funds provided from the Estate of Katherine Isabel MacGregor to be used to purchase equipment for the Mountain Rescue Team Members.
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Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **14 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1**|**Incoming**|**Resources**|**Transfers**|**At 30**|
|---|---|---|---|---|---|
||**December**|**resources**|**expended**||**November**|
||**2024**||||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|698,780|59,539|(82,845)|(5,901)|669,573|
|General funds|-|-|(9,474)|-|(9,474)|
||698,780|59,539|(92,319)|(5,901)|660,099|
|**Previous year:**|**At 1**|**Incoming**|**Resources**|**Transfers**|**At 30**|
||**December**|**resources**|**expended**||**November**|
||**2023**||||**2024**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|696,388|50,115|(47,815)|92|698,780|
## **Transfers**
The transfer is made up of two parts -
- The transfer of £4,065 relating to a grant received in the previous year which had expenditure incorrectly allocated to it.
- The transfer of the charity's element of the training expenditure partially covered by the grant.
## **15 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 30 November 2025:**
Tangible assets
379,872
-
Current assets/(liabilities)
280,227
14,679
660,099
14,679
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 30 November 2024:**
Tangible assets
389,918
-
Current assets/(liabilities)
308,862
-
698,780
-|**Total**
**2025**
**£**
379,872
294,906|
|---|---|
||674,778|
||**Total**
**2024**
**£**
389,918
308,862|
||698,780|
- 14 -
Tracking ID: 1032449-1302623
## **TORRIDON MOUNTAIN RESCUE TEAM**
# **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025**
## **16 Related party transactions**
There were no disclosable related party transactions during the year (2024 - none).
- 15 -