**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|