REGISTERED CHARITY NUMBER: SC038386
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Skye Mountain Rescue Team (SCIO)
Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER
Skye Mountain Rescue Team (SCIO)
Report of the Trustees for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To engage directly or indirectly in Mountain Rescue work in the Isle of Skye and in such adjacent areas as the need may arise from time to time; to encourage and promote safety on the hills both locally and nationally, and to take such steps as are necessary or conducive to these ends. This is done on a voluntary basis by the team members. It cooperates with other search and rescue organisations.
The Skye Mountain Rescue Team is called out by Police Scotland to engage in life saving activities. Activities also include fund raising and team member training activities
ACHIEVEMENTS AND PERFORMANCE
The Skye Mountain Rescue Team dealt with a total of 82 incidents involving a total of 2361.5 voluntary hours over 82 days.
It is important to note that not all these incidents resulted in formal callouts.
Our responses involve a range of situations including providing advice over the phone, granting individuals additional time to arrive, false alarms and various other scenarios.
On average the team participates in at least one session of training each month, with training in rope work, first aid, stretcher work, swift water rescue and helicopter safety.
FINANCIAL REVIEW
Reserves policy
Reserves policy - New reserves policy created August 2021
The organisation should aim to always have at least £60,000 available in the bank account(s) to cover a full year's costs.
In addition, the committee should consider any expected large items of expenditure (below) when making financial decisions or decisions with a significant financial impact.
Expected large items of expenditure (as of April 2025)
We expect to have the following large items of expenditure within the next 3 years:
-
Garage construction costs inc. drying room, rigging wall and workshop c. £150,000 in total (of which 125k already spent by Mar 2025)-
-
Back exits/morgue for both existing bases c. £25,000 x2 (to be completed after new garage and assessment of financial situation)
-
Usual equipment costs, for example radio equipment, rucksacks (ca.£12,000)
A lot of money has been spent on the garage build this year. There will be another c. £25,000 of costs to finish the project in 2025-26 after which expenses should fall back to a normal background level for a while.
This policy is to be reviewed annually at the first committee meeting after the AGM.
Note that Trustees are reimbursed for expenses e.g., mileage and costs of certain equipment as they are active members of the team. All team members are reimbursed for their expenses
Page 1
Skye Mountain Rescue Team (SCIO)
Report of the Trustees
for the Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The governing document is the Constitution of Skye Mountain Rescue Team (SCIO). The team was recognised as a Scottish Charitable Incorporated Organisation (SCIO) charity with effect from 2 September 2015. The team is administered in accordance with the terms of the Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.
Recruitment and appointment of new trustees
At the Annual General Meeting of the Association to be held each year there shall be elected from amongst the members of the Association into a committee a Chairman, a Vice-Chairman, a Secretary, a Treasurer, an Equipment Officer, a Radio officer, a Team Leader, a Deputy Team Leader, a Statistics officer, a Training Officer and two Representative Team Members and these offices are the charity trustees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
SC038386
Principal address
c/o Portree Police Station Somerled Square Portree Isle of Skye IV51 9EH
Trustees
Independent Examiner
Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................
Page 2
Skye Mountain Rescue Team (SCIO)
Statement of Financial Activities
for the Year Ended 31 March 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 100,372 Investment income 2 1,015 Other income 15,017 Total 116,404 EXPENDITURE ON Raising funds 348 Charitable activities Equipment 13,313 The provision of a voluntary mountain rescue service for any person or persons in need of assistance. 44,563 Total 58,224 NET INCOME/(EXPENDITURE) 58,180 RECONCILIATION OF FUNDS Total funds brought forward 251,461 TOTAL FUNDS CARRIED FORWARD 309,641 |
Restricted funds £ - - - - - - 150 150 (150) 340,709 340,559 |
31.3.25 Total funds £ 100,372 1,015 15,017 116,404 348 13,313 44,713 58,374 58,030 592,170 650,200 |
31.3.24 Total funds £ 89,218 1,110 19 90,347 300 - 79,530 79,830 10,517 581,653 592,170 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
Skye Mountain Rescue Team (SCIO)
Balance Sheet
31 March 2025
| Notes FIXED ASSETS Tangible assets 5 CURRENT ASSETS Debtors 6 Cash at bank CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 128,645 18,484 163,852 182,336 (1,340) 180,996 309,641 309,641 |
Restricted funds £ 326,038 - 14,521 14,521 - 14,521 340,559 340,559 |
31.3.25 Total funds £ 454,683 18,484 178,373 196,857 (1,340) 195,517 650,200 650,200 309,641 340,559 650,200 |
31.3.24 Total funds £ 420,340 35,848 141,794 177,642 (5,812) 171,830 592,170 592,170 251,461 340,709 592,170 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
The notes form part of these financial statements
Page 5
Skye Mountain Rescue Team (SCIO)
Notes to the Financial Statements
for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 25% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Deposit account interest | 1,015 | 1,110 |
continued...
Page 6
Skye Mountain Rescue Team (SCIO)
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
A. Reimbursement of travel expenses (net) were paid to the following trustees:-.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 70,308 Investment income 1,110 Other income 19 Total 71,437 EXPENDITURE ON Raising funds 300 Charitable activities The provision of a voluntary mountain rescue service for any person or persons in need of assistance. 79,330 Total 79,630 NET INCOME/(EXPENDITURE) (8,193) RECONCILIATION OF FUNDS Total funds brought forward 259,654 TOTAL FUNDS CARRIED FORWARD 251,461 |
Restricted funds £ 18,910 - - 18,910 - 200 200 18,710 321,999 340,709 |
Total funds £ 89,218 1,110 19 90,347 300 79,530 79,830 10,517 581,653 592,170 |
|---|---|---|
continued...
Page 7
Skye Mountain Rescue Team (SCIO)
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
5. TANGIBLE FIXED ASSETS
| Garage £ COST At 1 April 2024 44,064 Additions 54,955 At 31 March 2025 99,019 DEPRECIATION At 1 April 2024 - Charge for year - At 31 March 2025 - NET BOOK VALUE At 31 March 2025 99,019 At 31 March 2024 44,064 Fixtures and Motor fittings vehicles £ £ COST At 1 April 2024 7,877 8,000 Additions - - At 31 March 2025 7,877 8,000 DEPRECIATION At 1 April 2024 1,182 7,399 Charge for year 1,004 150 At 31 March 2025 2,186 7,549 NET BOOK VALUE At 31 March 2025 5,691 451 At 31 March 2024 6,695 601 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors VAT Prepayments |
Bases £ 239,522 - 239,522 - - - 239,522 239,522 Computer equipment £ 1,254 - 1,254 858 99 957 297 396 31.3.25 £ 2,580 14,599 1,305 18,484 |
Plant and machinery £ 180,893 - 180,893 51,831 19,359 71,190 109,703 129,062 Totals £ 481,610 54,955 536,565 61,270 20,612 81,882 454,683 420,340 31.3.24 £ 2,580 30,578 2,690 35,848 |
|---|---|---|
continued...
Page 8
Skye Mountain Rescue Team (SCIO)
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.3.25 | 31.3.24 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts (see note 8) | - | 4,114 |
| Trade creditors | - | 465 |
| Other creditors | 1,340 | 1,233 |
| 1,340 | 5,812 | |
| LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts |
31.3.25 £ - |
31.3.24 £ 4,114 |
8. LOANS
The overdraft stated is due a movement in funds and not a overdrawn balance on the account overall
9. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds St John's Ambulance Garage Solar Panels Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds St John's Ambulance TOTAL FUNDS |
At 1.4.24 £ 251,461 240,123 81,676 18,910 340,709 592,170 Incoming resources £ 116,404 - 116,404 |
Net movement At in funds 31.3.25 £ £ 58,180 309,641 (150) 239,973 - 81,676 - 18,910 (150) 340,559 58,030 650,200 Resources Movemen expended in funds £ £ (58,224) 58,180 (150) (150) (58,374) 58,030 |
|---|---|---|
continued...
Page 9
Skye Mountain Rescue Team (SCIO)
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.23 £ Unrestricted funds General fund 259,654 Restricted funds St John's Ambulance 240,323 Garage 81,676 Solar Panels Fund - 321,999 TOTAL FUNDS 581,653 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 71,437 Restricted funds St John's Ambulance - Solar Panels Fund 18,910 18,910 TOTAL FUNDS 90,347 |
Net movement At in funds 31.3.24 £ £ (8,193) 251,461 (200) 240,123 - 81,676 18,910 18,910 18,710 340,709 10,517 592,170 Resources Movemen expended in funds £ £ (79,630) (8,193) (200) (200) - 18,910 (200) 18,710 (79,830) 10,517 |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds St John's Ambulance Garage Solar Panels Fund TOTAL FUNDS |
At 1.4.23 £ 259,654 240,323 81,676 - 321,999 581,653 |
Net movement in funds £ 49,987 (350) - 18,910 18,560 68,547 |
At 31.3.25 £ 309,641 239,973 81,676 18,910 340,559 650,200 |
|---|---|---|---|
continued...
Page 10
Skye Mountain Rescue Team (SCIO)
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds St John's Ambulance Solar Panels Fund TOTAL FUNDS |
Incoming resources £ 187,841 - 18,910 18,910 206,751 |
Resources Movement expended in funds £ £ (137,854) 49,987 (350) (350) - 18,910 (350) 18,560 (138,204) 68,547 |
|---|---|---|
10. RELATED PARTY DISCLOSURES
Included in Repairs & Renewals are net payments of £1,328.29 made to Cioch Direct. (Trustee) is a partner in Cioch Direct.
Included in Motor & travel is a net payment of £125.04 made to Skyefit Ltd. (Trustee) is a director of Skyefit Ltd
Included in Garage additions are the following:
-
net payment of £40,350 made to Norman Macleod Building Contractors. (Team Member) is the proprietor
-
payment of £4,389.25 made to Shanks Plumbing and Renewables Ltd. (Team Member) is a director of Shanks Plumbing and Renewables Ltd
Page 11
Skye Mountain Rescue Team (SCIO)
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2025 | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 51,356 | 34,932 |
| Collecting tins | 3,539 | 2,732 |
| Grants | 34,881 | 48,974 |
| Gift Aid | 5,576 | 2,580 |
| Book sales | 5,020 | - |
| Investment income | 100,372 | 89,218 |
| Deposit account interest | 1,015 | 1,110 |
| Other income | ||
| Gain on sale of tangible fixed assets | 15,000 | - |
| Virgin money cashback | 17 | 19 |
| 15,017 | 19 | |
| Total incoming resources | 116,404 | 90,347 |
| EXPENDITURE | ||
| Other trading activities | ||
| Just Giving Fees | 348 | 300 |
| Charitable activities | ||
| Trustees' expenses | 1,239 | 3,365 |
| Insurance | 1,569 | 2,338 |
| Light and heat | 1,672 | 2,880 |
| Telephone | 2,648 | 3,223 |
| Post,stat & computer supplies | 58 | 268 |
| Advertising | 54 | 133 |
| Sundries | 560 | 479 |
| Garage rent | 2,400 | 2,400 |
| Motor & travel | 9,172 | 6,871 |
| Subscriptions | 946 | 1,003 |
| Repairs & renewals | 11,728 | 27,775 |
| Training | 2,559 | - |
| Accomodation & subsistence | 277 | 595 |
| Communication software | 500 | 2,120 |
| Reference materials | - | 438 |
| Annual safe fee | 685 | - |
| Medication & associated costs | 387 | - |
| Professional fees | 118 | - |
| Deprn of plant and machinery | 19,359 | 22,775 |
| Deprn of fixtures and fittings | 1,004 | 1,182 |
| Depn of motor vehicle | 150 | 200 |
| Carried forward | 57,085 | 78,045 |
This page does not form part of the statutory financial statements
Page 12
Skye Mountain Rescue Team (SCIO)
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2025 | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Charitable activities | ||
| Brought forward | 57,085 | 78,045 |
| Depn of computer equipment | 99 | 133 |
| Bank interest | 2 | 2 |
| Support costs | 57,186 | 78,180 |
| Governance costs | ||
| Accountancy fees | 840 | 1,350 |
| Total resources expended | 58,374 | 79,830 |
| Net income | 58,030 | 10,517 |
This page does not form part of the statutory financial statements
Page 13
Independent Examiner's Report to the Trustees of Skye Mountain Rescue Team (SCIO)
I report on the accounts for the year ended 31 March 2025 set out on pages four to eleven.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER
Date: .............................................
Page 3
Skye Mountain Rescue Team (SCIO)
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |