co ,4.20]5. 1 THE LOCH LOMOND RESCUE BOAT MANAGEMENT COMM TEE (KNOWN AS- LOCH LOMOND RESCUF BOAT") HI)LDF.R OF THE QUEEN'S AWARD FOR VOLUNTARY SERVICE SCOTTISH CHARITY NUMBER SC 020014 CIO BURNSIDE CO￿AGE GARTOCHARN ALEXANDRIA G83.8SD REPORT AND FINANCIAL STATEMENTS FOR YEAR ENDED 31ST MARCH 2025 INDF.X Pa%e 112 Annual Report for vear to 31 March 2025 Pa%e 3 Report of the Independent Examiner Page 4 Income & Expenditure Account for year to 31 March 202$ Page 5 St¥atement of FiDaDcial Aetivilies for year to 31 March 2025 Page 6 Balance Sheet as at 31 March 202$ Page 718 Notes to the Financial Statements and AppreciatlOD TIIF. LQCII LOMOND RF.SC.IIF. BOAT MANAGF.MF.NT COMMirrF.F. PaAe I Sci)ni&h Chari , No. SC 020014 AN￿uAL RLI)ORT OF TIIF C'OMMifTF,F. FnR YF.AR TO 31 MARCH 2025 Principal Office-beare . Chairnian Vice-chairnian "rreasurer Coxswain eeretaTh' (.rew Represenlali*e her Officers l)eputv CoxTh'ai l)¢put%' CoxsTh'ain TRUCTURE. GoVER￿ANcE AND MANAGF.MFNT The goi'erning document is g Constitution. rlpproved and adopted on 18 April 20•0, and amended on 25 Julv 2007. The charitv is an Unincorporated association. The principal office-bearers are elected at each Annual (Jeneral Meeting of the charitTr'. Casual Vydeancies during the )'ear are filled bi. appointment hi, the C".ommitlee. and confimed b election at the next Annual Gener81 Nleeting. Tbe Committee regards onlv the principal office- bcarers as being -tru51ees- for the purpoi+es of charitv aeCOUDling reRulalions, they are the indii'iduals who #ctuaUTr' manage thc charih.. Olher member8 of the Committee are appointed bv the Commitlee. from helpers and supportcr8 of the charit)". The c.ommittee sbould include a local Councillor, the C.'Dxsw'ain, ¥4 rcpresentative of The Loch l.omond Association, a representative of the C.rew, and repreyentalivels from Police Sieolland. There were no relaled party tr*nsaetlODS during the l'ear under revie￿.. OKIF.CTIVF:S ANI) ACTIVITIES The objectii'e.s of ihe charifj. are." To encouragcg promote and teach safeh. in and around the w'aters of Loeb Lomond. To proTr'ide a rc%cue biimt (Dr hoals) and rescue servic¢s to agsist in the rc$cue of persons or property in distreys, d#oger or discomfort ID aDd ground Loch Lvmond. asyisl. by means M'hatever and wherever pvssible, oihtr persons CODcerned for the sAfeh' of those using the waters of Loch Lomond, including Police Scoiland aDd the Fire & Rescue Sen'ice, who be called UPOD in an emergencv or to enforce bve-laws or,other regulations relatlDg to Loch LomoDd. Actii'iiies in relalion lo ihose objec¢ives.' CJiving #dvice to users of the Loch, bolh formallv and infornialh.. Hosting I'isits b). youth groups and interested pxrties aDd iDslrn¢tAng them ID Water safety. Instructing ID power-boal handlin2. Maintainin% at the Boathouse in Lus$, a Suitable fast reseue craft, m2nned bv a traitsed crew of Trolunleers, called out bi. pager, via Police C'.ontrol Room4, in 8nTr appropriale emrrgenc).. Attendin% as a safety. boat at i'arious water-borne ei'enls on the Loch. Lotating and th'acuating casualties from tbe West Highland Wgy on the largelv roalless easl banK assiylin% oiher service5. in particular Police ScotlJ)Dd, the Fire & Rescue 8ervice lin the e%'ent of fires on islands in the Loch), and Mountain Rescue Teams. THF. LOCII LI)MOND RF.SCIIF. BOAT MANAGEMF.NT CoMMI￿F.F. Pate 2 {Seol¢ish Charity IVO. SC 0211014) AINNUAL REPORT OF THF. COMMIITEE FOR YLAR TO.II"' MARCH 2112 ACHIF.VF.MFNT(* ANI) PERFORMANCF. ActiTr'it)' on the Loch has increased to pre-pandemic leveL4. Training has conlinutd, and the Boat carried out Safety covers, including the Water Ski Club and the Beastie Tri&hlon. and attended various safety event.8 aroiind the Loch. Crew number$ 8tand at 21, (of whom 12 are qualified lo take charge of the Boat coxsTh'Ain). This incudes 2 trainee crew. We still seek commilled recruits to maintain a stronR cre￿. in the future. The Boat was exlled out on a total lif 8.5 ocexsions in th¢ year (2023124: 76) including some 10 incidents ini'olving the West Hi2bland Wa),. I'he number of cxll-i)uts each >'ear would be very mueh %reater withoul the ciFoperation of the Patrol Iloat5 of the Loch Lomond & Tr05Sgdchs National ParK which deal Th'ith many of the summertime dal'light calls. As usual. • good number of all incidents are caused by craft running out of fuel or 5ufferinR en%ine breakdown. The 7 metre Arctic 22 Rhib broughl into sern'ice in 2006 and a major oTr'erhaul w'a8 Cgrried out in exrty 2024, including new engines. The craft iy now fit for many rn0￿ years of service. The frequent traffic con%e4tinn on the A82, (and the fact that nearl). all crcw must kn5e that road to rcach the h()alhouse), forced thc committee scveral years ago to Ihe conclusion that a neTh' li)calion must be fiiund in the Balloch area. DL'la)'s are wor%ening vearlv, and w'e must have a site not requiring use of the A82. We have found 8 suilablc localion, close lo the mouth of the RiTr'er Leven. and fomal Plannin% Application has been granted. I'he Nationgl Park will lease lo us the land required, and (icottish Fnterprise have ggreed a land transfer td the ParK including that plot. To avoid A82 u5aRe in Ihe husiesl monlh.s, Ihe Boat was once re-located temp•rarih' #t the Nationgl Park punloons in Bxlloch from Igtc May to earl). October 2024, w'hich greatlv reduci,d the lime-lag between pa%cr cxll-uut and actual departure of the Iloat to deal with the incident. Ilesides the I'arious cvent$ kindh. run bv outside organisgtions and individuaLs to ralse monry for Ihe Iloat. our creTrTr ran a very su¢¢e5sful fund-raiscr on Inchmurrin in 4*eplembiT 2024. FINANCIAL RF.VIF.W The year yhowed a surplus of Lll,713. While some overhead coyts rose once again, there were no re-location expenses in ihe year under rei'iew - these will slart to appear in quantitv in the current year. Special expenditure at £6,541 included the purchase of a gazebo Hnd banner5, a 20 ft container. and helmets and long In view of the likeli. heavy rL¥location COS+t, everv incrca5C to our funds is more than welcome, but we have a .substanti*l sum built up to mcet a portion of thal ci)st. The p(blici' uf the Commitlee on re%eTh'es is ou¢lined in the Notes lo theye Tr-inancial Statementy. 25July 2025 Chairman THF. LOCII I.OMOND RFSC.L'F BOAT MANAGFMF.]IT COMMITTF.F. I Page 3 {Scutti3h Charilp. ￿0. SC 021J014) INDF.PTr".￿I}Tr-,NT F,XAMINF.R'Si REPORT TO THE LOCH LOMOIYD RES BI)AT MANAGF.NITr:YT C-()%i%iirtF.Tr-. UE report on tbe accounts of the cbarity for tbe vear eDded 31" Marcb 2025 w'hlch are set out on pages 4 to 8. Re.fpeclive responsibililies of ihe managemenl committee and ￿￿miner The charih s management committee is responsible for the preparation of thJ accounts in accordance with the t¢rnis of the Charities and Trustec Ini"estment (Scolland) Act 21NIS and the Charities Accounts (ficutland) Re%ulxtion¥ 2006 as amended. The management committee considers that the xudit requirement of Re%ulation 10(1 ) (a) to {c) of the Accounls Regulations does not apph.. It is my responyibilitv to examine the accouDtS as required under section 41(1) (c) of th¢ Act and to state whether particular matters ha￿e come to my attention. Basis of independenl ￿Qminer'S slalemeni M). eiaminalion is carried out in accordance w iih Regulation I l of tbe Charities Accounts (¢iCOtlaDd) Regulaiions 2006 as amended. An examination includes rei'iew. of the accounting records kept bv the charih. and a comparison of Ihe accounts presented TrTrith those record.s. li also includes consideration of ani. unusual items or disclosures in the a¢¢ounts. and seeks explanations from the committee concerning gdni, such mattcrs. The procedures undertxken do nol provide all thd ei'idence thal w'ould be required in an audit, and con5equentl)' I do not express AD audit opinion on the view given b). the accounts. Independenl era•niner's slalemenl In the course of my ex2mination. no matter has come to mv attention hich gil'es me reasonable cau5C to believe that in any m¥terial respect Iht requirements: to keep accounting records in accordance w'ith section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Re%ulations, and to prepare accounts w'hich accord TrTr'ilh the accounting records and compty with Regulation 8 of the 2006 Account$ Re%ulation$ have not been mel, or 2. to which. in rn￿. opinion, atleDlion should be drnwD ID order lo enable pruper understandin2 of ihe accoun15' lo be reached. THF LOCH LOMOND RF.SCUE BOAT MANAGEMENT COMMrrTEE Page 4 (Scottish Charity. Jvo. SC 020014) IIYCOME & EXPENDITURE ACCOUNT- YEAR TO 31 MARCH 2025 Yr to 31_3.25 Yrto3 J.24 INCOME Collection cans Donations and grants Donations under Gift Aid Just Giving bi. card-reader Gift Aid tax recoi'erv Fund-raising- Inchmurrin eveDt lllterest receivable 3598.65 2712.12 29.135.48 1_190.00 81 $8.$3 386484.67 2330.00 $876.71 347.50 39487.51 6520.63 13801.23 63408.02 582.50 39S273.88 29.75 400915.75 F.XPFNDITURF Repairs and maintenance Dr)'suit repairs Container hire Fuel & oil RYA fees Radio Ilcence AArwaTr'e costs Pager annual costs Trainin% costs Electricitv Telephone CJround-reDt Websile costs Just Giving fees Card-readcr costs Subscription5 undrv expenses Crew night-out Re-location outla)'s Insurance. Personal accident Boathouse, contents Craft & liabilitv .SPECIAL F.XPENDITURE Expenditure of year 1620.40 280.00 294.88 6027.22 309.00 170.00 189_1.43 3528.27 2474.73 246.1M) 636.38 5288.76 170.(K) 17.38.02 29$6.$4 1526.87 414.7.1 609.28 170.31 1217.89 819.78 169.69 276.18 180.00 99.11 100.00 9.35 460.90 180.1M) 100.1 41.67 9844J6 1806.$8 2005.55 3051.02 33613.56 1804.94 2152.09 3740.80 25153.93 otel 67788 $4 SURPLLJS FOR YF.AR Add: Balance brought fornard Transfer from Special ReseThe General Reserve carried forward 476475. .￿cludeS donalions via card-reader at Inchmurrinfund-rui5ing evenL 31711.01 444762.84 299$13.65 104749.19 44762. THF. LOCH LOMOND RF.SCUE BOAT MANAC.EMENT COMMIThFE , Page S (Scottish Charity No. SC 020014) STATEMENT OF FINANCIALACTIVITIE4i- YEAR TO 31 MARCH 202 Yr to 31.3.25 Yrto 1.3.24 Income Donations and grants Fund-raising event Intercst receivabl¢ 43086.16 6520.63 li801.23 39798a.00 292 Totsl income 63408.02 400915175 Expenditu Operational expendilure Management and administration 31139.72 555.29 101166.84 235. Total expenditure 31695.01 101402. Net incomel(expenditure) and net movement of funds 31713.01 299513. Total funds at l April 2024 444762.84 145249.1 Total t.unds at 31 March 2025 476475.85 444762.84 All funds are unrestricted. THE LOC.H LOM()IND RF.4>CLIF. BOAT MAI%AGEMEI%T COMMITTF.K Page 6 (Scottish Charity, No. SC 020014) BALANCE SHEET AS AT 31 MARCH 2025 31J lJ.24 Debtors and prepaym¢Dts Bank Accounts B uf S Treasurer's Scottish Widow's deposit B of S 6 monlh deposits 11113.53 10789.76 39270.49 9_1728.01 56216.3 53404.05 37061 OJ6 466097.15 300000.00 71.12.06 477210.68 4t7921.82 LIABILITIES Crediturs and accrned cbarRes 734.83 158.98 RESERVES Unreslricled Tr-unds General ReseTh'e 476475.85 44 762.84 The notes on pages 7 and 8 form part of tbese Accounts. Approved bi. Ibe Committee and signed on their behalf THF. LOCH LOMOND RF.SCIIE BOAT MANAGEMENT COMMITTEE I Page 7 (Scottish Charity No. SC 020014) NOTE&i TO THE FINANCIAL STATEMENTS AT 31 MARCH 2025 Note l. 6ipecial Expenditure G(uelx) and 2 banners Mobile phone for boat I ntert'ac¢ for hailer/speaker Card-reader equipment 20 ft container I x dry'suil Battery & charger for thermal imager Torch holders 4 x hclmLts and 6 x long visors Pagjer syslcm one-ofi"cosls Less: National Park contribution Total costs of major re-fit Yr to 31.3.25 Yr to 31.3.24 1356.37 193.48 169.99 358.00 2495.00 242.50 104.08 29.16 1592.50 7199.00 (652.73) 61242.27 67788.54 6541.08 Note 2. Remuneration No mern￿r ot'committee or Crew is in receipt of any remuncration from the charity. Note 3. Accounting PolAcies I"hL linanLial slatLments have been prepared under the historical cost convention. and in aLcordanLe with ihe Chariti¢s SORP (FRS102) "Accountingl and Reporting by Charlties: Stalemcnl of Recommended Practice applicable to charities preparing their acLounts in accordance with the Financial Reporting Standard applicable in the U K and Republi¢ or Ireland (FRS 102) (effective l January 2015)" and Financial Reporting Standard i 02 "I'he F inancial Reporting Standard applicable in the IJK and Republic of Ireland" lTrcre were no Iransition adjustments required on ihe t￿st time adoption ot" FRS 102. The charity has continuLd to expense all asset PUrch￿eS in the ycar of purchase. so ikat deprcciation does not arise. and th¢ &ssets recognised al each year-end are only amowts in bank or deposit. plus debtors prepayments. 'rhe trustecs hav¢ reviewed ihe charity's operating costs for the next twelve months, the sourccs of funds available, and are satisfied that the charity is a going conc¢rn. Note 4. Cash at Bank and in hand Cash at Bank and in hand includ¢s cash and short temi highly liquid investments wit short maturity from the date ot"acquisition or opening of the accounl. Notc S. Financial Instruments The Lharity unly has linanLial &ssets and tinancial liabilities of a kind that qualify as t4sic linancial instruments. Basic tinancial inslrumcnts are initially recognised at IransaLtio value and subscqucntly mc4￿ured at iheir s¢tilement value. THE LOCH LOMOIND RF.S>CIIE BOAT MANACEMENT cOMMI￿EE Pa£e 8 {Sci)tti.sh Charity, Ivu. SC.. IJ20014} N()'rTr:s I'o I'HF. Tr'INANCIAL STATEMENTS AT 31 MARCH 2025 conli ued Note 6. Ilnrestricted Funds Aiienlion ￿)W turns lo ihe funding of ihc boathousc re-location to Balloch. A ve Substantial ILgdCy has alre(idy increased the available resourLes, dnd with plannin pemission achievcd. alongy with certainly of a lease ftrom ihe Nalional Park. quotations can shonly be sougihi, and then approaches made to major funders to raise the tiirtber largFe sum needed for this pn)ject. with our charity able lo show that li has built up r4 substanlial portion of th¢ funds rcquired Note 7. Capital commitments At 31 m￿Lh 20?5 the Lh