CHARITY REGISTRATION NUMBER.. SC031761 Oban Mountain Rescue Team Unaudited Financial Statements 31 March 2026 ATE RED NT Chartered accountants 5 Argyll Square Oban Argyll PA34 4AZ
Oban Mountain Rescue Team Financlal Slatements Year ended 31 March 2026 Page Trustees, annual report Independent examiner's report to Ihe trustees Slalement of financial activities Statement of financial position Notes lo the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 20 Notes lo the detailed statement of financial activities 22
Oban Mountain Rescue Team Trustees. Annual Report Year ended 31 March 2026 The trustees present their report and the unaudited linanciaI slalemenls of the charity lor the year ended 31 March 2026. Reference and administratlv¢ detall$ Registered charlly name Oban Mountain Rescue Tearn Charity reglstraiion number SC031761 Princlpal olflce Rescue PDSI Sinclair Drive Oban Arg1 The trustegs D Powell - Chair T Sim- Secretary W Kincaid Treasurer G Binnie Team leader K Pallas A Ravenhill R E Florence A Powell P De longh S Shaw R Christie L Vare A Stevenson B Harper (Resigned 9 October 20251 (Appointed 17 June 20251 Angus MacGillivray FCCA of R A Clemenl Associates 5 Argyll Square Oban Argyll PA34 4AZ Independent examlner Structure, governance and management Charity legal status The charity is constiluled as a Scollish Charitable Incorporated Organisalion ISCIOI and governed by ils wrillen Conslilulion. Commlllee Membership Consists 014 ollice bear&rs, being Chairman, Team Leader, Secretary and Treasurer plus 9 ordinary members each ol whom has a speeilic management function. The committee meets approximately 12 times a year to discijss the operational management and strategic direction of the team, taking reports from officers and working lo a prepared agenda.
Oban Mountain Rescue Team Trustees. Annual Report (eontlnued? Year ended 31 March 2026 Struclurej governance and management (¢&ntlnuedl Risk Management & trustee Induction The Iruslees have assessed the m2jor risks lo which the cttarily is exposed, in particular those related lo the operaiions and finance ol the Charily, and are satisfied that sysl&ms are in place lo miligale our exposure lo the major risks. In particular, members ol the team are encouraged lo aiiend a minimurn proportion ol training sessions which are held by the team twice a month including one lull hill day ancj one evening session and each year the team encourages all members lo attend technical training courses run by Scollish Mountain Rescue to build individual knowledge and ensure the team's operating procecjures are in line with eurrenl good practice. Training attendance is recorded and monitored annually together with team mernbers. personal logbooks ol hill activity out with the team to ensure that core skills and hill-lilness are being maintained. There is a further requirement lor all members lo aiiend a formal assessment ol core skills, both summer and winter, al least once every three years. All members are required ID hold a valid first aid certificate and l O members have allained the higher qualiliealion ol Casually Carer. We continue lo lake on new probationers as suitable candidates present themselves or are recommended by current mgmbers, and in this way we generally keep pace with natural turnover. We curreniiy have 36 tearn members and O probationers. Probationers musl serve a minimum ol one year as a probationer and this musl include a lull winter season. They play a lull part in team activities, but are mentored when they join the call-out list al the discretion ol the team leader. Regular equipment checks lake place, especially aller rescues, and the learn leadership and committee are proactive in reviewing all areag of th8 team's operational performance on a regular basis. Each committee meeting considers a report on the current financial position ol Ihe team and budgets are prepared and reviewed regularly lor the major areas ol expenditure such as equipment and training. A business plan is being developed lo plan lor longer term financial objectives such as maintenance or replaeemenl ol key team assets such as v&hicles and rescue posts. Oblectlves and actlvitles The saving ol lives through the provision of a voluntary mountain rescue service in the UK particularly in Arg1 lor any personlpersons sullering accident, illness, or other dillicullies arising from natural hazard or who are in need ol such mountain rescue, first aid and other assistance anywhero in the mountains, lowlands or any other place where the Team Leader or Depute Team Leader may direct, and lo assist in the recovery of bodies of those persons who have sustained a lalal accident. A¢hi¢vemenls and performance Chalrman'$ Report Oban Mountain Rescue T&am maintained a good pertormance in all aspects ol ils operations in 2025126.
Oban Mountain Rescue Team Trustees. Annual Report (eonllnu6d) Year ended 31 March 2026 A¢hievemonts and performance (eoniinuedj Our core team is mainly unchangecl however we have a group ol probationers who have all Come through the last year with flying colours with 3 coming onto the summer calloul list al the end ol March We were ollicially called out 20 limes during the year 1 April 2025 - 31 March 2026. Callouts were the usual spread ol missing persons searches,. ambulance assists and injured walkers or climbers and sadly one lalalily. We worked alongside other partner agencies in our callouts, including Police Scotland, Scottish Ambulance SeNice, HM Coastguard Helicopters and local Coastguard Rescue Teams, several callouts involved joint working with Killin MRT, Arrochar MRT, Glencoe MRT and Police Scotland IsiralhPoll MR T's. We continuo lo train 2 limes per month, a lull Sunday and a Thursday evening each month. Team member regularly attend Scottish Mountain Rescue ISMRI organised training in broad range of topics and several team members allended the annual training CDnlerence held al Glenmore Lodge in late October. The team is well represented nationally with team members involved in delivering Rigging, Avalanch&, 4x4, Search Management, and others directing the SMR avalanche courses and the Human Factors and Incident rnanagem&nl national courses. We have continued lo work to rebuild our fundraising events portfolio and il is encouraging lo see events lake place again. We have made some progress on our We have completed or about to achieve some important milestones-. We have now procured and eqLJipped a new Control vehicle lor the tearn, replacing our ageing Mercedes Sprinter van. Ahead ol initial anlicipaled timeline. We have continued to engage with the public through our social media channels and have increased our social media reach and intend lo push this further over th& next year to increase our public image and look lo attract donations and funding opportunities We are grateful lo everyone who has supported the team over the year and look forward safe and active 2026-27. The team continue lo nurture wellbeing al the centre of what we do as a team. We have a wellbeing team who continue lo look aller our mernbers and oller support where needed. We have 3 Mental Health first aiders in the team and wè regularly attend SMR wellbeing events and inilialives. Flnanclal revlew There was a surplus of unrestricted funds for the year 01 £95,98212025.. £43.2301.
Oban Mountain Rescue Team Trustees, Annual Report {¢ontlnueLIJ Year ended 31 March 2026 The trustees, annual report was approved on Irusiees by.. signed on behalf ol the board ol W Kincaid - Treasurer Trustee
Oban Mountain Rescue Team Independent Examiner's Report to the Trustees of Oban Mountain Rescue Team Year ended 31 March 2026 I report lo the Iruslees on my examinaiion ol the financial Slalemenls DI Oban Mountain Rescue Team I'lhe charily'l lor the year ended 31 March 2026. Re$ponslbililies and basls ol report As the trustees ol the charity you are responsible lor the preparation ol the financial statements in accordance with the requirements ol the Charities and Trustee Investment Iscollandl Act 2005 Ilhe '2005 Acl'l and the Charities Accounts (Scollandl Regulations 2006 las amended). You are salisli&d that your eharily is not required by charily law lo be audited and have chosen instead lo have an independent examination. I report in respect ol my examination ol the charitys financial slalemenls as carried out under section 4411llcl ol the 2005 Act. In carrying out my examination I have followed the requirements of Regulation 1101 the Charities Accounts IS¢ollandl Flegulalions 2006 las amended). Independent examlner's statement Since the charity has prepared its accounts on an accruals basis your examiner musl be a member ol a body listed in Regulation 11121 ol the Charities Accounts (Scotlandl Regulations 2006 las amencledl. I can confirm that l am qualified to undertake the examinaiion because l am a registered mernber ol ICAS which is one ol the lisl&d bodies. I have completed my examination. I CDnlirm that no matters have come lo my attention giving me cause to believe that in any material respect.. accounting records were not kept as required by section 441lllal of the 2005 Act and Regulation 4 01 the Charities A¢covnts Iscollandl RegulatlDns 2006 las amencledl., or Ihe financial slalemenls do not accord with those records., or the financial slaiemenls do not comply wlh the accounting requirements ol Regulation 8 01 the Charities Accounts (Scollandl Regulations 2006 las amended). I have no concerns and have come across no other mallers in connection with the examination lo which allenlion should be drawn in this report in order lo enable a propor understanding ol the accounts lo be reached. Angus MacGillivray FCCA of R A Clemenl Associates Independent Examiner 5 Argyll Square Oban Argyll PA34 4AZ
Oban Mountain Rescue Team Statement of Flnancial Activities Year ended 31 March 2026 2026 Reslricled Endowment funds funds Total funds Total funds 2025 Unrestricted funds Note Incom? and endowmenl$ Donations and legacies Charitable 8Ctivilies Investment income Other income 109,227 1,564 24,169 38,301 109,227 1,564 24,169 38,301 98,177 2,493 16,102 11,026 Total Income Expenditure Expenditure on charitable activities 173,261 173,261 127,798 77,289 77,289 77,289 77,289 84,568 Total expendlture 84,568 Net Income 95,972 95,972 43,230 Transfers between funds 125,0001 25,000 Net movement in fund$ 70,972 25,000 95.972 43,230 RÈconcillatlon ol funds Total funcls brought forward Total funds carrled forward 188.283 427,500 210,000 235,000 825,783 921,755 782,553 825,783 259,255 427,500 The slalemeni ol financial activities incluoles all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The noteg on pages 8 to 18 torrn part ot thesè flnan¢lal statemants.
Oban Mountain Rescue Team Statement of Flnancial Position 31 March 2026 2026 2025 Note Flxed assets Tangible fixed assets 14 571,827 475,357 Current assets Debtors Cash al bank and in hand 1S 19,193 333,425 580 355,076 352,618 355,656 Credilors: amounls falling due wlthin one year Net curreni assets 16 2,690 5,230 349,928 350,426 825,783 825,783 Total assets less current Ilabililies Nel assets 921,755 921,755 Funds of the charlty Enclowmenl funds Resiricled funds Unreslricled funds 235,000 427,500 259,255 210,000 427,500 188,283 Total Charlty fund$ 17 921,755 825,783 These financial statements were approved by the btsard ol trustees and authorised for issue on nd are signed on behalf ol the board by.. W Kincaid - Treasurer Trustee Thè not•$ on pages B to 18 torrn part of thase tlnanclal staiaments.
Oban Mountain Rescue Team Notes to the Financial Statements Year ended 31 March 2026 General information The charity is a public benefit enlily and a registered charity in Scoiiand and is unincorporated. The address ol the principal office is 4 Chestnut Court, Taynuilt, Argyll, PA35 1JZ. Slalemenl of compllance These financial slalemenis have been prepared in Compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Flepublic ol Ireland,, the Statement ol Recommended Practice applieable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 Icharilies SORP IFRS 10211 and the Charities and Trustee Investment Iscollandl Act 2005 and the Charity Accounts Iscollandl Regulations 2006 las ampndedl. A¢counting pollcles Basis of preparatlon The financial slalemenis have been prepared on the historical cost basis, as modified by the revaluation ol certain financial assets and liabilities and investment prop6rties measured al lair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency ol the entity. Golng concern There are no material uncertainties about the charills ability lo continue. Disclosure oxempllons Th& entity salislies the criteria ol being a qualifying enlily as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1. 12 of FRS 102.. lal No cash flow slalement has been presented lor the company. Ibl Disclosures in respect ol financial instruments have not been presented. Judgements and key sources of eslimallon un¢ertaSnty The preparation ot th8 financial slalemenls requires management lo make judgements, eslimales and assumptions that allect the amounts reported. These estimates and judgements are continually r&viewed and are based on experience and other laclors, including expecialions ot future events that are believed 10 be reasonable under the circumstances.
Oban Mountain Rescue Team Notes to the Financial Statements (¢ontlnu8dJ Year ended 31 March 2026 Accounting poll¢i¢s Iconllnued) Fund accounllng Unreslricled funds are aveilable lor use al the discretion ol the Iruslees to further any ol the harilyg purposes. Designalecl funds are unreslricled lun(Js earmarked by the trustees lor particular lulure project or commitment. Reslricled funds are subjected lo resiriclions on their expenditure declared by the donor or through the terms of an appeal, and fall into one ol two sub-classes.. resiricled incotne funds or endowment funds. Income All income is included in the slalemenl ol financial activities when entitlement has passed to the charity, il is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be rèliably measured. The following specific policies are applied lo particular categories ol income.. income from donations or grants is recognised when there is evidence ol enlillemenl lo the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when rÈceipl is probable and enlillement is established. income from donated goods is measLJred al the lair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost lo the donor or the estimated resale value. Dollaled lacililies and services are recognised in the accounts when received il the value can be reliably tneasured. No ainounls are included lor the eontribulion ol general volunteers. income from contracts lor the supply of services is recognised with the delivery ol the contracted seNice. This is classified as unreslricled funds unless there is a contractual requirement lor il lo be spent on a particular purpose and returned if unspent, in which ¢ase il may be regarded as resiricled.
Oban Mountain Rescue Team Notes to the Flnancial Statements (contlnu¢d) Year ended 31 March 2026 Accounting pollcie$ (¢ontlnued? Expendllur¢ Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be lully recovered, and is classified under heaLlings ol the slalement ol linan¢ial activities to which il relates.. expenditure on raising funds includes the costs of all fundraising aciivilies, events, non- charitable trading activities, and the sale ol donated goods. expènditure on charitable activities includes all costs incurred by a eharily in undertaking activities that further ils charitable aims lor the benefit ol ils beneficiaries, including those support costs and costs relating to the governance ol the charity apportioned lo charitabl¢ aclivilies. other &xpenditure includes all expenditure that is neither related lo raising funds Igr the charity nor part ol ils expenditure on charitable aclivilies. All costs are alloealed lo expenditure categories reflecting the use of the resource. Direct costs attribulable lo a single activity are allocated directly to that activity. Shared costs are apportionèd between the activities they contribute lo on a reasonable, justifiable and consislenl basis. Tanglble assets Tangible assets are initially recorded al cost, and subsequently slalecj ai cost less any accumulated depreciation and impairment losses. Any tangible assets carried al rèvalued amounts are recorded al the lair value al the date ol revaluation less any subsequent accumLJlaled depreciation ancl subsequent accumulated impairment losses. An increase in the carrying amount ol an asset as a result ol a revaluation, is recognised in other recognised gains and losses, unless il reversès a charge lor impairment that has previously been recognised as expenclilure within the slalemenl ol financial aclivilies. A decrease in the carrying amount ol an asset as a result of revaluation, is recognised in other recognised gains and losses. except lo which il ollsèts any previous revalualion gain, in which case the loss is shown within other recognised gains and losses on the slalement ol financial aclivilies. Depreeialion Depreciation is calculated so as ID writ& oll the cost or valuation ol an asset, less ils residual value, over the useful economic life ol that asset as follows.. Freehold property Gear & Equipment Motor vehicles Taynault she Not depreciated 25 /0 slraighl line Various rates 20V¥ slraighl line Impairment of flxed assets A review lor indicators of impairment is carried out at each reporting dale, with the recoverable amount being estimated where such indicators exist. Where the Carrying valije exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed lor possible reversal al each reporting date. 10
Oban Mountain Rescue Team Notes to the Financial Statements (eontinuedj Year ended 31 March 2026 Accountlng policies (continued? Impairment of flxed asset$ (contlnueL4) For the purposes ol impairment lesiing, when il is not possible lo estimate the recoverable amount ol an individual asset, an estimate is macje ol the recoverable amount ol the cash- generating unil lo which the asset belongs. The ¢ash-generaiing unil is the smallest ideniiliable group o18$5els that includes the asset and generates cash inflows that largely independent ol the cash inflows from other assets or groups of assets. For impairment lesling ol goodwill, the goodwill acquired in a business combination is, from th8 acquisition dale, allocated lo each ol the eash-generating units that are expected lo benolit from the synergies ot the combination, irrespective ol whether other assets or liabilities ol the charity are assigned lo thos& units. Flnan¢ial Instrum¢nls A financial asset or a linancial liability is recognised only when the charity becomes a paty lo the conlraclual provisions ol the inslrumenl. Basic financial instruments are initially recognised ai the amount receivable or payable Including any related transaction costs. Current assets and eurrenl liabilities are subsequently measured al the cash or other consideration 8xpected lo be paid or received and not discounl&d. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair valug can otherwise be measured reliably, the investment is subsequently measured al lair value with Changes in lair value recognised in income and expenditure. All other such inveslmenis are subsequently measured al cost less impairment. Other financial inslrumenls, including derivatives, are initially recognised al lair value, unless payment lor an asset is deferred beyond normal business terms or financed at a rale ol interest that is not a market rate, in which case the asset is measured al the present value ol the lulure payments discounted at a market rale ol interest for a similar debt instrument. Other tinancial instruments are subsequently rneasured al fair value, with any changes recognised in the slalement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets thai are measured at cost or amortised cost are reviewed lor objective evidence ol impairment al the end ol each reporting dale. 11 there is objective evidence ol impairment, an impairment loss is recognised under the appropriate hoading in the slalemenl of lin8ncial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually signilicanl, these are assessed incjividually lor impairment. Other financial assets are 8ilher assessed individually or grouped on the basis ol similar credit risk characlerislics. Any reversals ol impairment are recognised immediately, lo the extent that the reversal does not result in a carrying amount ol the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Oban Mountain Rescue Team Notes to Ihe Financlal Statements (coniinued) Year ended 31 March 2026 Donallon8 and legacles Unreslricled Funds Reslricied Total Fund8 Funds 2026 Donations Donations lincl. boxes) 28,954 28,954 Legacles Legacies 750 750 Grant$ Scottish Government Scollish Mountain Rescue ISMRI SMT Green Power Ax Te¢ Police Scotland Foundaiitsn Scollasnd Charities Trust 16,725 6,738 16,725 6,738 10,000 1,000 10,000 1,000 1S,000 30,060 15,000 30,060 109,227 109,227 Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donations lincl. boxes) Lega¢ies Legacies 12,542 12,542 37,269 37,269 Grants Scottish Government Seottish Mountain Rescue ISMRI SMT Green Power Ax Tec Police Scotland Foundation Scolla5nd Charities Trust 11,856 13,834 8,010 11,856 13,834 8,010 7,000 4,000 3,666 7,000 4,000 3,666 91,177 7,000 98,177 Charitable activities Unrestricted Total Funds Unreslricled Total Funds Funds 2026 Funds 2025 Room rental & ijlilily refunds 1,564 1,564 2,493 2,493 12
Oban Mountain Rescue Team Notes lo the Flnancial Statements fconiinued) Year ended 31 March 2026 Investment Income Unreslricled Total Funds Unreslricled Total Funds Funds 2026 Funds 202S Income from investment properties Bank interest receivable 9,250 14,919 24,169 9,250 14,919 9,600 6,502 9,600 8,502 24,189 16,102 16,102 Other Income Unrestricted Total Funds Unreslricled Total Funds Funds 2026 Funds 2025 Other income 38,301 38,301 11,026 11,026 Expendllure on charltable a¢iivitles by fund type Unrestricted Funds Restricted Total Fund$ Funds 2026 General activiligs Support costs 76,209 1,080 76,209 1,080 77,289 77,289 Unreslricled Funds Reslricled Total Funds Funds 2025 General activities Support costs 76,584 984 7,000 83,584 984 77.568 7,000 84,568 Expendlture on charltable activities by actlvity type Activities undertaken directly Support costs Total funds 2026 Tglal fund 2025 General activities Governanee costs 76,209 76,209 1,080 77,289 83,584 984 1,080 76,209 1,080 84,568 10. Net income Nel incorne is slated aller chargingllcredilingl.. 2026 2025 Oeprecialion ol tangible fixed assets 28,340 22,090 13
Oban Mountain Rescue Team Notes to the Financial Statements (¢onllnued) Year ended 31 March 2026 11. Independent examlnation leos 2026 2025 Fees payable lo the independent examiner for.. Independent examination ol the financial slalemenls 1,080 984 12. Staff costs There were no employees during the year. 13. Trustee remuneratlon and expenses The charity Iruslees were not paid anc5 did not receive any remuneration, benefits in kind or reimbursement of expenses in their capacity as Iruslee during the year. No Iruslee received payrnenl lor professional or other services supplied Its the charity. 14. Tanglble flxed asset$ Freehold Gear & property Equipment Motor vehicles Taynaull Shed Total Cost Ai 1 Apr 2025 Additions 431,091 142,890 145,737 124,810 32,591 752,309 124,810 Al 31 Mar 2026 431,091 142,890 270,547 32,591 877,119 Depreclalion At 1 Apr 2025 Charge lor the year At 31 Mar 2026 3,591 124,707 5,858 133,648 20,410 154,058 15,006 2,072 17,078 276,9S2 28,340 3,591 130,565 305,292 Carrying amount Al 31 Mar 2026 427,500 427.500 12,325 116,489 15,513 17,585 571,827 475,357 Al 31 Maf 2025 18,183 12,089 15. Debtors 2026 2025 Other debtors 19,193 580 16. Credllors: amounts falling due wlthin ono year 2026 2025 Ac¢ruals and deferred income 2,690 5.230 14
Oban Mountain Rescue Team Notes to the Financial Statements l¢onlAntsed) Year ended 31 March 2026 17. Analysls of charitable fund$ Unrestrlcted funds Al 1 Apr 2025 Al Transfers 31 Mor 2026 Income Expenditure General funds 188,283 173,261 177,2891 125,0001 259,255 Ai 1 Apr 2024 Al Transfers 31 Mar 2025 Income Expenditure General funds 135,053 120,798 177,5681 10,000 188,283 Restricted lunds At 1 Apr 2025 At Transfers 31 Mar 2026 Income Expenditure St John Scotland - OMR T Building Green Power 427,500 427,500 427,500 427,500 At Transfers 31 Mar 2025 Ai 1 Apr 2024 Income Expenditure Sl John Scotland OMRT Building Green Power 427,500 427,50D 7,000 7,000 17,0001 17,0001 427,SOO 427,500 St John S¢olland - OMRT Bulldlng In August 2017 the premises al 204 Sinclair Drive which Si John Scotland owned was acquired by the Oban Mountain Rescue Team for nil consideration. The ettective donation ol the property has been recognised in the slalemenl ol financial activities al the lire reinsialement cost ol £427.500 as valued by the chartered surveyors less 5Y.. Green Power During the year a grant of £7,000 was received towards the CDsls ol eleclrieal works lo complete the electrical installation DI the new Taynuill building. The actual costs were marginally abtsve the grant with the balance from unrestricted funds. 15
Oban Mountain Rescue Team Notes to the Financlal Statements (¢ontlnu8dl Year ended 31 March 2026 17, Analy818 Ot charltable funds (eonllnuedj Endowment funds Al 1 Apr 2025 Al Transfers 31 Mar 2026 Income Expenditure Vehicle Replacement IN&w control vehicle) EquiprnentlCDmms Replacement Building Repairs Contingency Medical Equipment Training Expenses Taynuill Building (Finishings, Fitoull 6 Months General Expenses 70,000 70,000 30,000 30.000 25.000 15,000 30,000 25.000 50,000 15,000 30,000 40,000 40,000 235,000 210,000 2S,000 At Transfers 31 Mar 2025 Al 1 Apr 2024 Income Expenditure Vehicle Replacement (New control vehicle) Equipmenvcomms Replacement Building Repairs Contingency Medical Equipment Training Expenses Taynuill Building (Finishings, Filoull 6 Months General Expens85 70,000 70,000 30,000 30,OOD 25,000 15,000 30,000 25,000 15,000 30,000 10,000 110,0001 40,000 220,000 40,000 210,000 110,0001 16
Oban Mountain Rescue Team Notes to the Financial Statements (conlinuedj Year ended 31 March 2026 17. Analysis of charitable funds (contlnued) Vehlcle Replacem9nt Funds have been designated for replacing our command vehicle Ictjrrenlly Mercedes Sprinter van) and a frontline vehicle Icurrenlly a LWB Landrover Defender >10yearsl within the next 10 years. Equipmenvcomms Replacement Funds have been designated for replacing various items of equipment with sel shelf life or at end of life including rigging equipment, swift water rescue equipment, torches. digital tracking and mapping hardware and sothare, radio equipment. avalanche rescue kit. stsndard team issue equipment. Building Repairs Contingency Maintenance of the Oban and Taynuill Posts. The team now owns the Oban post following ils transfer from The Order of Sl John in 2017 and will be responsible for the building maintenance and repair. In doing so the le8m now benefits from ineome from a lenanl in the building that will help lo offset ongoing building costs such as insurance. The team has built a new Rescue Post and garage in Taynuill (see No. 61 which is nearing completion. This wi11 also require future maintenance and repair. During the year an additional £25,000 was allocated lo the fund. Medical Equipment Fund5 have been designated for replacement and repair of stretchers, casually packaging, defibrillators, monitoring equipment elc Training Expenses Funds have been designated for accommodation and Travel for training outside of team operalitsnal area, buying in expertise. training equipment replacement and purchase. Taynuilt Building (Finishings, Fitoutl The new Taynuill Rescue Post and garage is nearing completion and funds have been designated towards finishing and filoul costs. All works lo the building have been completed and the designated fund balance was transferred lo unreslricled funds al 31 TrAarch 2025. 6 Months General Expenses Funds have been designated based on operational costs in recent years and lo ensure the team can continue lo operate in the event of a sudden loss in expected annual income. 17
Oban Mouniain Rescue Team Notes to Ihe Flnancial Statements Iconiinued? Year ended 31 March 2026 18. Analysis of net assets between funds Unreslri¢ied Funds Reslricled Endowment Total Funds Funds Funds 2026 Tangible fixed assets Current assets Creditors less Ihan 1 year Net assets 144,327 117,618 12,6901 259,255 427,500 571,827 352,618 12,6901 921,755 235,000 427,500 235,000 Unrestricted Funds Reslricled Endowment Total Funds Funds FLJnds 2025 Tangible fixed assets Current assets Creditors less than 1 year Nel assets 47,857 145,656 15,2301 188,283 427,500 475,357 355,656 15,2301 825,783 210,000 427,500 210,000 18
Oban Mountain Rescue Team Management Information Year ended 31 March 2026 The lollowlng pages do not form part of the flnanclal statements. 19
Oban Mountain Rescue Team Detailed Statemenl of Flnancial Activlties Year ended 31 March 2026 2026 2025 Income and endowments Donalions and legacies Donations lincl. boxosl Legacies Scottish Govgrnmeni Scollish Mountain Rescue ISMFII SMT Green Power Ax Tec Police Scotland Foundation Scoiiasnd Charities Trust 28,954 750 16,725 6,738 12,S42 37,269 11,856 13,834 8,010 7,000 4,000 3,666 10,000 1,000 15,000 30,060 109,227 98,177 Charltab19 actlvities Room rental & ulilily refunds 1,564 2,493 Investment income Income from investment properties Bank interest receivable 9.250 14,919 9,600 6,502 24,169 16,102 Other Income Other income 38.301 11,026 Total income 173.261 127,798 Expenditure Expendllure on charltable actlvlties Light and heal Insurance Motor vehicle expenses Legal and professional lèes Depreciation General expenses Gear, equipment & renewals Training costs 2,630 9,552 12,940 1,080 28,340 1,313 13,621 7,813 77,289 4,572 9,540 9,285 3,729 22,090 1,606 21,883 11,863 84,568 Total expendlture 77,289 84,568 20
Oban Mountain Rescue Team Detailed Statement of Financial Activlties i¢onlAnued) Year ended 31 March 2026 2026 2025 N9t Incomo 95,972 43,230 21
Oban Mountain Rescue Team Notes lo the Detailed Slalement of Flnancial Activities Year ended 31 March 2026 2026 2025 Expenditure on charitable activities General acllvllies Activllles undertaken directly Water & power Insurance Motor vehicle expenses Legal and professional le8S Depreciation General expenses Gear, equipment & renewals Communications & Training costs 2,630 9,552 12,940 4,572 9,540 9,285 2,745 22,090 1,606 21,883 11,863 28,340 1,313 13,621 7,813 76,209 83,584 Governance costs Governance costs - accountancy tees 1,080 Expenditure on charitable actlvllles 77,289 84,568 22