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2025-03-31-accounts

' i

CHARITY REGISTRATION NUMBER: SC031761

Oban Mountain Rescue Team Unaudited Financial Statements 31 March 2025

R A CLEMENT ASSOCIATES CHARTERED ACCOUNTANTS Chartered accountants

5 Argyll Square Oban Argyll PA34 4AZ

Oban Mountain Rescue Team
Financial Statements
Year ended 31 March 2025
——
Page
Trustees’ annual report 1
Independent examiner's report to the trustees 5
Statement of financial activities 6
Statement of financial position 7
Notes to the financial statements 8
The following pages do not form part of the financial statements
Detailed statement of financial activities 21
Notestothedetailedstatementoffinancialactivities 22

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Oban Mountain Rescue Team

Trustees' Annual Report

Year ended 31 March 2025

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The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.

Reference and administrative details

Registered charity name Oban Mountain Rescue Team Charity registration number $C031761 Principal office Rescue Post Sinclair Drive Oban Argyll

The trustees

Independent examiner

omergyll Square of R A Clement Associates Oban Argyll PA34 4AZ

Structure, governance and management

Charity legal status

The charity is constituted as a Scottish Charitable Incorporated Organisation (SCIO) and governed by its written Constitution.

Committee Membership

Consists of 4 office bearers, being Chairman, Team Leader, Secretary and Treasurer plus 9 ordinary members each of whom has a specific management function

The committee meets approximately 12 times a year to discuss the operational management and Strategic direction of the team, taking reports from officers and working to a prepared agenda

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Oban Mountain Rescue Team Trustees’ Annual Report (continued) Year ended 31 March 2025 a Structure, governance and management (continued) Risk Management & trustee induction The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finance of the Charity, and are satisfied that systems are in place to mitigate our exposure to the major risks. In particular, members of the team are encouraged to attend a minimum proportion of training sessions which are held by the team twice a month including one full hill day and one evening session, and each year the team sends several members to technical training courses run by Scottish Mountain Rescue to build individual knowledge and ensure the team's Operating procedures are in line with current good practice. Training attendance is recorded and monitored annually together with team members’ personal logbooks of hill activity out with the team to ensure that core skills and hill-fitness are being maintained. There is a further requirement for all members to attend a formal assessment of core skills, both summer and winter, at least once every three years. All members are required to hold a valid first aid certificate and 13 members have attained the higher qualification of Casualty Carer. We continue to take on new probationers as suitable candidates present themselves or are recommended by current members, and in this way we generally keep pace with natural turnover. We currently have 36 team members and 0 probationers. Probationers must serve a minimum of one year as a probationer and this must include a full winter season. They play a full part in team activities, but are mentored when they join the call-out list at the discretion of the team leader. Regular equipment checks take place, especially after rescues, and the team leadership and committee are proactive in reviewing all areas of the team's Operational performance on a regular basis. Each Committee meeting considers a report on the current financial position of the team and budgets are prepared and reviewed regularly for the major areas of expenditure such as equipment and training. A business plan is reviewed regularly to plan for longer term financial objectives such as maintenance or replacement of key team assets such as vehicles and rescue posts. Objectives and activities The saving of lives through the provision of a voluntary mountain rescue service in the UK particularly in Argyll for any person/persons suffering accident, illness, or other difficulties arising from natural hazard or who are in need of such mountain rescue, first aid and other assistance anywhere in the mountains, lowlands or any other place where the Team Leader or Depute Team Leader may direct, and to assist in the recovery of bodies of those persons who have sustained a fatal accident.

Achievements and performance

Chairman's Report

Oban Mountain Rescue Team maintained a solid performance in all aspects of its operations in 2024/25

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Trustees’ Annual Report (continueg)

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Oban Mountain Rescue Team

Year ended 31 March 2025 TT

Achievements and performance (continued)

Our core team is mainly unchanged however we have a group of probationers who have all come through the last year with flying colours with 3 coming onto the summer callout list at the end of March We were officially called out 32 times during the year 1 April 2024 - 31 March 2025. Callouts were the usual spread of missing persons searches; ambulance assists and injured walkers or climbers and sadly3 fatalities.

We worked alongside other partner agencies in our callouts, including Police Scotland, Scottish Ambulance Service, HM Coastguard Helicopters and local Coastguard Rescue Teams, several callouts involved joint working with Killin MRT, Arrochar MRT, Glencoe MRT and Police Scotland (StrathPol) MRT's. We continue to train 2 times per month, a full Sunday and a Thursday evening each month. Team member regularly attend Scottish Mountain Rescue (SMR) organised training in broad range of topics and several team members attended the annual training conference held at Glenmore Lodge in late October. SMRThe teamavalancheis well courses.representedOthersnationally,are involvedwith ourin TrainingdeliveringOrficerRigging, TTTAvalanche,cow4x4,the SearchDirectorandfor Incident management national courses.

We have continues to work to rebuild our fundraising events portfolio and it is encouraging to see events take place again. We have made some progress on our strategic fundraising going forward and we have a small working group progressing this.. We have completed or about to achieve some important milestones: * The new Taynuilt Rescue Post and garage is complete after an arduous ordeal to get a building warrant in place * New Garage roller shutter doors have been fitted at our Oban base * We have undertaken a project to procure and equip a new Control vehicle for the team, replacing our ageing Mercedes Sprinter van. This will be a 2-3year project with an expected budget of around £100k We have continued to engage with the public through our social media channels and have increased Our social media reach and intend to push this further over the next year to increase our public image and look to attract donations and funding opportunities

We are grateful to everyone who has supported the team over the year and look forward safe and active 2025-26. The team continue to nurture wellbeing at the centre of what we do as a team. We have a wellbeing team who continue to look after our members and offer support where needed. We have 3 Mental Health first aiders in the team and we regularly attend SMR wellbeing events and initiatives. Financial review There wasa surplus of unrestricted funds for the year of £43,230 (2024: deficit £27,730).

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Oban Mountain Rescue Team

Trustees’ Annual Report (continuea)

Year ended 31 March 2025 —————$—$—— 7* poy 20 The trustees’ annual report was approved on ..4... [UCM WO trustees by:

, WO ang signed on behalf of the board of

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4

Oban Mountain Rescue Team

Independent Examiner's Report to the Trustees of Oban Mountain Rescue Team

Year ended 31 March 2025 oo eeeeSSSSSSSFSSSSSSSSSSSSSSSsesessSSSSSSsSsSs

| report to the trustees on my examination of the financial statements of Oban Mountain Rescue Team (‘the charity’) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (the ‘2005 Act’) and the Charities Accounts (Scotland) Regulations 2006 (as amended). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination. | report in respect of my examination of the charity's financial statements as carried out under section 44(1)(c) of the 2005 Act. In carrying out my examination | have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended).

Independent examiner's statement

Since the charity has prepared its accounts on an accruals basis your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). | can confirm that | am qualified to undertake the examination because | am a registered member of ICAS which is one of the listed bodies.

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

  1. accounting records were not kept as required by section 44(1)(a) of the 2005 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended); or

  2. _ the financial statements do not accord with those records: or 3. _ the financial statements do not comply with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended).

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. | || |ement_

Independent Examiner 5 Argyll Square Oban Argyll PA34 4AZ

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Oban Mountain Rescue Team Statement of Financial Activities

Year ended 31 March 2025

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Unrestricted 2025
Restricted
Endowment
2025
Restricted
Endowment
2024
Note
Income and endowments
funds
£
funds
£
funds
£
Totalfunds
£
Totalfunds
£
Donations and legacies
Charitable activities
Investment income
Other income
4
5
6
7
91,177
2,493
16,102
11,026
7,000
-

~
-
-
~
-
98,177
2,493
16,102
11,026
40,254
3,455
14,845
10,132
Total income 120,798 7,000 ~ 127,798 68,686
Expenditure
Expenditure on
charitable activities 8,9 77,568 7,000 - 84,568 96,416
Total expenditure 77,568 7,000 - 84,568 96,416
Net income/(expenditure) 43,230 - - 43,230 (27,730)
Transfers between funds 10,000 - (10,000) ~ -
Net movement in funds 53,230 - (10,000) 43,230 (27,730)
Reconciliation of funds
Total funds brought forward 135,053 427,500 220,000 782,553 810,283
Totalfundscarriedforward 188,283 427,500 210,000 825,783 782,553

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

a rrrThe notes ona pages 8 toIN19 form part of these financial statements.i)

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Oban Mountain Rescue Team

Statement of Financial Position

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |31|March|2025| |a| |2025|2024| |Fixed|assets|Note|£|£| |Tangible|fixed|assets|14|475,357|490,476| |Current|assets| |Debtors|15|580|6,964| |Cash|at|bank|and|in|hand|355,076|287,803| |355,656|294|767| |Creditors:|amounts|falling|due|within|one|year|16|5,230|2,690| |Net|current|assets|350,426|292,077| |Total|assets|less|current|liabilities|825,783|782,553| |Net|assets|825,783|782,553| |Funds|of|the|charity| |Endowment|funds|210,000|220,000| |Restricted|funds|427,500|427,500| |Unrestricted|funds|188,283|185,053| |Total|charity funds|17|825,783|782,553|

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These financial statements were approved by the board of trustees and authorised for issue on ‘titssseeseserseeeerey ANG APE Signed On behalf of the board by:

The notes on pages 8 to 19 form part of these financial statements. eSeet eth it

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Oban Mountain Rescue Team Notes to the Financial Statements Year ended 31 March 2025 TTees 1. General information

The charity is a public benefit entity and a registered charity in Scotland and is unincorporated. The address of the principal office is 4 Chestnut Court, Taynuilt, Argyll, PA35 1JZ. 2. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charity Accounts (Scotland) Regulations 2006 (as amended). 3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in Sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Income

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: * income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. * legacy income is recognised when receipt is probable and entitlement is established. * income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. * income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

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  1. Accounting policies (continued)

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: e expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. * expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. ¢ other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Freehold property - Not depreciated
Gear & Equipment - 25% straight line
Motor vehicles - 25% straight line
Taynaultshed - 10%straightline

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Oban Mountain Rescue Team Notes to the Financial Statements (continued) Year ended 31 March 2025 oo

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  1. Accounting policies (continued)

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments

A financial asset or a financial liability is recognised only when the charity becomesa party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

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Oban Mountain Rescue Team Notes to the Financial Statements (continued) Year ended 31 March 2025 eee

  1. Accounting policies (continued)

Financial instruments (continued) For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the Carrying amount would have been had the impairment not previously been recognised. 4. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2025
Donations £ £ £
Donations (incl. boxes) 12,542 - 12,542
Legacies
Legacies 37,269 - 37,269
Grants
Scottish Government
Scottish Mountain Rescue (SMR)
SMT
Green Power
Ax Tec
Police Scotland
11,856
13,834
8,010
-
4,000
3,666
-
-
-
7,000
-
-
11,856
13,834
8,010
7,000
4,000
3,666
91,177 7,000 98,177
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
Donations (incl. boxes) 13,856 - 13,856
Legacies
Legacies 6,700 - 6,700
Grants
Scottish Government
Scottish Mountain Rescue (SMR)
SMT
11,335
8,363
=
-
~
=
11,335
8,363
~
Green Power - = =
Ax Tec - - =
Police Scotland ~ _ =
40,254 ~ 40,254

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Oban Mountain Rescue Team Oban Mountain Rescue Team
Notes to the Financial Statements (continued)
Year ended 31 March 2025
LL
eeeeseSsSsSh
5. Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
Room rental & utilityrefunds £
2,493
£
2,493
£
3,455
£
3,455
6. Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
Income
from investmentproperties
Bank
interest receivable
Other interest receivable
£
9,600
6,502
~
£
9,600
6,502
~
£
8,650
6,183
12
£
8,650
6,183
12
16,102 16,102 14,845 14,845
7. Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
Other income
£
11,026
£
11,026
£
10,132
£
10,132
8. Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2025
General
activities
Support costs
c
76,584
984
£
7,000
-
£
83,584
984
77,568 7,000 84,568
Unrestricted Restricted Total Funds
Funds Funds 2024
General
activities
Support costs
£
95,444
972
£
~
as
£
95,444
972
96,416 ~ 96,416

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Oban Mountain Rescue Team Notes to the Financial Statements (continued) Year ended 31 March 2025

eS 9. Expenditure on charitable activities by activity type

9. Expenditure on charitable activities by activity type
Activities
undertaken Total funds Total fund
directly Support costs 2025 2024
General activities
Governance costs
£
83,584
-
Ee
-
984
£
83,584
984
£
95,444
972
83,584 984 84,568 96,416
10. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
2025 2024
Depreciation of tangible fixed assets £
22,090
£
31,213
11. Independent examination fees
2025 2024
Fees payable to the independent examiner for: £ £
Independent examination of the financial statements 984 972
12. Staff costs
Therewerenoemployeesduringtheyear.

13. Trustee remuneration and expenses

The charity trustees were not paid and did not receive any remuneration, benefits in kind or reimbursement of expenses in their capacity as trustee during the year. No trustee received payment for professional or other services supplied to the charity.

SEee

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Oban Mountain Rescue Team

Notes to the Financial Statements (continueg)

Year ended 31 March 2025

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14. Tangible fixed assets
Cost Freehold
property
£
Gear &
Equipment
£
Motor
vehicles
£
Taynault
Shed
£
Total
£

At 1 Apr2024
Additions
431,091
-
135,919
6,971
145,737
-
32,591
-
745,338
6,971
At 31 Mar2025 431,091 142,890 145,737 32,591 752,309
Depreciation
At 1 Apr2024
Charge for the year
3,591
-
118,849
5,858
121,559
12,089
10,863
4,143
254,862
22,090
At 31 Mar 2025 3,591 124,707 133,648 15,006 276,952
Carrying amount
At 31 Mar2025 427,500 18,183 12,089 17,585 475,357
At 31 Mar 2024 427,500 17,070 24,178 21,728 490,476
15. Debtors
2025 2024
Other debtors £
580
£
6,964

15. Debtors

  1. Creditors: amounts falling due within one year
2025 2024
£ £
Accruals and deferred income 5,230 2,690

17. Analysis of charitable funds

Unrestricted funds

At
At 1 Apr 2024 Income Expenditure Transfers 31 Mar 2025
£ £ £ £ £
General funds 135,053 120,798 (77,568) 10,000 188,283
At
At 1 Apr 2023 Income Expenditure Transfers 31 Mar 2024
£ £ £ £ £
General funds 162,783 68,686 (96,416) - 135,053

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Oban Mountain Rescue Team Notes to the Financial Statements (continued) Year ended 31 March 2025 ————eed 17. Analysis of charitable funds (continued)

Restricted funds
At

At 1 Apr 2024
Income Expenditure Transfers 31 Mar2025
St John Scotland - £ £ £ £ £
OMRT Building
Green Power
427,500 -
7,000
-
(7,000)
-
-
427,500
~
427,500 7,000 (7,000) - 427,500
At

At 1 Apr 2023
Income Expenditure Transfers 31 Mar 2024
St John Scotland - £ £ £ £ a
OMRT Building
Green Power
427,500
-
-
-
-
-
-
-
427,500
-
427,500 - ~ - 427,500

St John Scotland - OMRT Building In August 2017 the premises at 204 Sinclair Drive which St John Scotland owned was acquired by the Oban Mountain Rescue Team for nil consideration. The effective donation of the property has been recognised in the statement of financial activities at the fire reinstatement cost of £427,500 as valued by the chartered surveyors less 5%.

Green Power

During the year a grant of £7,000 was received towards the costs of electrical works to complete the electrical installation of the new Taynuilt building. The actual costs were marginally above the grant with the balance from unrestricted funds.

ere

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Oban Mountain Rescue Team Oban Mountain Rescue Team Oban Mountain Rescue Team Oban Mountain Rescue Team
Notes to the Financial Statements (continued)
Year ended 31 March 2025

eSSSSSSSSSSSSSSSSSSSSssesesessSSsSsSsS—
17. Analysis of charitable funds (continued)
Endowment funds
Vehicle Replacement
At1Apr
Apr2024
£
Income
£
Expenditure
£
Transfers
£
At
31 Mar2025
£
(Newcontrol vehicle)
Equipment/Comms
70,000 ~ - - 70,000
Replacement
Building Repairs
30,000 - = - 30,000
Contingency
Medical Equipment
Training Expenses
Taynuilt Building
25,000
15,000
30,000
-
-
-
_
-
=
-
=
-
25,000
15,000
30,000
(Finishings, Fitout)
6 Months General
10,000 - - (10,000) ~
Expenses 40,000 - - - 40,000
220,000 - - (10,000) 210,000
At1Apr 2023 Income Expenditure Transfers At
31 Mar 2024
Vehicle Replacement £ £ £ £ £
(New control vehicle)
Equipment/Comms
70,000 - - - 70,000
Replacement
Building Repairs
30,000 - - - 30,000
Contingency
Medical Equipment
Training Expenses
Taynuilt Building
25,000
15,000
30,000
-
-
-
=
-
-
-
=
-
25,000
15,000
30,000
(Finishings, Fitout)
6 Months General
10,000 - - - 10,000
Expenses 40,000 - - - 40,000
220,000 - - - 220,000

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Oban Mountain Rescue Team Notes to the Financial Statements (continuea) eeYear ended 31 March 2025 17. Analysis of charitable funds (continued) Vehicle Replacement (New Control Vehicle) Funds have been designated for replacing our command vehicle (currently Mercedes Sprinter van) and a frontline vehicle (currently a LWB Landrover Defender >10years) within the next 10 years. Equipment/Comms Replacement Funds have been designated for replacing various items of equipment with set shelf life or at end of life including rigging equipment, swift water rescue equipment, torches, digital tracking and mapping hardware and software, radio equipment, avalanche rescue kit, standard team issue equipment. Building Repairs Contingency Maintenance of the Oban and Taynuilt Posts. The team now owns the Oban post following its transfer from The Order of St John in 2017 and will be responsible for the building maintenance and repair. In doing so the team now benefits from income from a tenant in the building that will help to offset ongoing building costs such as insurance. The team has built a new Rescue Post and garage in Taynuilt (see No. 6) which is nearing completion. This will also require future maintenance and repair.

Medical Equipment Funds have been designated for replacement and repair of stretchers, casualty packaging, defibrillators, monitoring equipment etc. Training Expenses

Funds have been designated for accommodation and Travel for training outside of team operational area, buying in expertise, training equipment replacement and purchase. Taynuilt Building (Finishings, Fitout) The new Taynuilt Rescue Post and garage is nearing completion and funds have been designated towards finishing and fitout costs. All works to the building have been completed and the designated fund balance was transferred to unrestricted funds at 31 March 2025. 6 Months General Expenses Funds have been designated based on operational costs in recent years and to ensure the team can continue to operate in the event of a sudden loss in expected annual income.

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Oban Mountain Rescue Team

Notes to the Financial Statements (continuea) Year ended 31 March 2025

Year ended 31 March 2025 Year ended 31 March 2025 Year ended 31 March 2025 Year ended 31 March 2025 Year ended 31 March 2025 Year ended 31 March 2025
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18. Analysis of net assets between funds
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2025

Tangiblefixedassets
Current assets
Creditors less than 1 year
£
47,857
145,656
(5,230)
£
427,500
-
-
£
-
210,000
-
£
475,357
355,656
(5,230)
Net assets 188,283 427,500 210,000 825,783
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2024

Tangiblefixed assets
Current assets
Creditors less than 1 year
£
62,975
74,768
(2,690)
£
427,500
-
-
£
-
220,000
-
£
490,475
294,768
(2,690)
Netassets 135,053 427,500 220,000 782,553

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Oban Mountain Rescue Team

Management Information

Year ended 31 March 2025

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The following pages do not form part of the financial statements.

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20

.

‘ Oban Mountain Rescue Team Detailed Statement of Financial Activities

Year ended 31 March 2025

Year ended 31 March 2025 Year ended 31 March 2025 Year ended 31 March 2025
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2025 2024
Income and endowments £ £
Donations and legacies
Donations (incl. boxes)
Legacies
Scottish Government
Scottish Mountain Rescue (SMR)
SMT
Green Power
Ax Tec
Police Scotland
12,542
37,269
11,856
13,834
8,010
7,000
4,000
3,666
13,856
6,700
11,385
8,363
~
~
~
-
98,177 40,254
Charitable activities
Room rental & utility refunds 2,493 3,455
Investment income
Income from investment properties
Bank interest receivable
Other interest receivable
9,600
6,502
-
8,650
6,183
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16,102 14,845
Other income
Other income 11,026 10,132
Total income 127,798 68,686
Expenditure
Expenditure on charitable activities
Light and heat
Insurance
Motor vehicle expenses
Legal and professional fees
Depreciation
General expenses
Gear, equipment & renewals
Training costs
4,572
9,540
9,285
3,729
22,090
1,606
21,883
11,863
9,903
8,514
11,906
972
39,213
799
22,421
10,688
84,568 96,416
Total expenditure 84,568 96,416
Net income/(expenditure) 43,230 (27,730)
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Notes to the Detailed Statement of Financial Activities

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|||||||| |---|---|---|---|---|---|---| |Year|ended|31|March|2025| |a| |2025|2024| |Expenditure|on|charitable|activities|£|£| |General|activities| |Activities|undertaken|directly| |Water &|power|4,572|9,903| |Insurance|9,540|8,514| |Motor|vehicle|expenses|9,285|11,906| |Legal|and|professional|fees|2,745|~| |Depreciation|22,090|31,213| |General|expenses|1,606|799| |Gear,|equipment|&|renewals|21,883|22,421| |Communications|&|Training|costs|11,863|10,688| |83,584|95,444| |Governance|costs| |Governance|costs|-|accountancy|fees|984|972| |Expenditure on|charitable|activities|84,568|96,416|

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