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
Arg￿1
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 Arg￿1 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