2023-03-31-accounts

Referenoe and Administrative	Details
Introduction from the Chair
Welcome from our CEO
Trustees' Annual Report				4	to 12
Independent Auditors' Report				13	to 15
Consolidated Statement of Financial		Activities			16
Consolidated Balanoe Sheet
Balance Sheet					18
Consolidated Statement ofCash Flows					19
Notes to the Financial Statements			.	20to40

The Lincolnshire	The Lincolnshire	8 Nottinghamshire Air Ambulance	8 Nottinghamshire Air Ambulance	8 Nottinghamshire Air Ambulance		(LNAA)	(LNAA)	(LNAA)	provides	a Helicopter Emergency	a Helicopter Emergency	a Helicopter Emergency	Medical	Medical	Service	Service
(HEMS) for our two counties and beyond. Called out					on		average 4to 5times a day, our crew					attend		predominantly
life-threatening or		lifeManging		incidents and accidents,			delivering the			equivalent	ofa hospital	A8	E	Department		to
the scene.	We are	not NHS funded and our service is				free to		all, funded		by the local cornrnunity,
Trustees				G LSeeker, (Chair)
				JS Pearson, (Vice		Chair,		retired 26 July 2022)
				J E O'Hem FCA
				P Would
				L Briggs
				A Davies
				H Glenn, (resigned		10July			2023)
				Doctor SBlack, (resigned				17August		2022)
				N Winkett, (appointed			25 January 2023)
Chief Executive Officer				KJobling
Secretary				Wilkin Chapman Company					Secretarial Services		Limited
Registered	ONce			LNAA Headquarters
				HEMS Way
				Off Sleaford Road
				Braoebridge Heath
				Lincoln
				LN4 2GW
				The Charity is incorporated					in United	Kingdom.
Company	Registration		Number	027ee157
Charity Registration			Number	1017501
Auditor				Forrester Boyd
				26 South St. Mary's		Gate
				Grimsby
				North East Lincolnshire
				DN31 1LW
Bankers				Barciays Bank pic
				Tritton Road
				3 Crusader Road
				Lincoln
				Lincolnshire
				LNS 7AR
Solicitors				Wilkin Chapman LLP
				The Maltings
				11-15Brayford Wharf			East
				Lincoln
				LN5 7AY
					Page 1

(Including	The Con	solidated	Statement	ofComprehen	sive Income	)
					Total		Total
			Unrestricted	Restricted	2023		2022
		Note	K	K	E
Income and Endowments	from:
Donations and legacies			5,514,823	350,794	5,865,617		3,815,031
Charitable activities			4,186,535		4,186,535		3,266,008
Other trading activities			497,750		497,750		375,202
Investment income			232.072		232,072		167,640
Total Income			10,431,180	350,794	10,781,974		7,623,SS1
Expenditure on:
Raising funds Charitable activities		8.1	(1,752,3SS) ~7,262,453	~241 444	(1,752,388) ~7,503,897		(1,279,318) ~6.961,034)
Total Expenditure Gains/losses on investment	assets		(9,014,841) ~581,989	(241,444)	(9,256,285) ~581,969		(8,240,352) 95,743
Net incorre/(expenditure)			834,350	109,350	943,700		520,728
Net movement in funds			834,350	109,350	943,700		(520,728)
Reconciliation offunds
Total funds brought forward			15,824,141	2,697,660	18,521,801		19,042,529
Total funds carried forward		23	16,658,491	2,807,0'10	19,465,501	~	18,521,801
				Unrestricted	Restricted		Total
				funds	funds		2022
			Note	E	K
Income and Endowments	from:
Donations and legacies				3,798,098	16,933		3,815,031
Charitable activities				3,236,008	30,000		3,266,008
Other trading activities				375,202			375,202
Investment income				167,640			167,640
Total income				7,576,948	46,933		7,623,881
Expenditure on:
Raising funds			8.1	(1,279,318)			(1,279,318)
Charitable activities
Total expenditure				(7,983,870)	(256,482)		(8,240,352)
Gains/losses on investment	assets			95,743			95,743
Net expenditure				~311,179	~209,549
Net movement in funds				(311,179)	(209,549)		(520,728)
Reconciliation offunds
Total funds brought forward				16,135,320	2,907,209		19,042,529
Total funds carried forward			23

			(Registration numbe Consolidated Balance Sheet	r: 02788857j as at 31March	2023
				Note	2023 f	2022
Fixed assets
Tangible assets				14	5,242,271	5,716,464
Investments				15	7,207,833	7,603,526
					12,450,104	13,319,990
Current assets
Stocks				16	8,636	15,587
Debtors				17	4,701,147	3,039,416
Cash at bank	and in	hand			3,542,187	2,905,236
					8,251,970	5,960,239
Creditors: Amounts		falling due within one year		18	1,233,371	753,972
Net current assets					7,018,599	5,206,267
Total assets	less current		liablliNies		19,468,703	18,526,257
Provisions				20	3,202)	(4,456)
Net assets					19,465,501	18,521,801
Funds ofthe	group:
Restricted					2,807,010	2.697,660
Unrestricted	income	funds
Unrestricted					16,658,491	15,824,141
Total funds				23	19,465,501	18,521,801

					2023
				Note	E
Fixed assets
Tangible assets				14	5,229,462	5,692,654
Investments				15	7,207,835	7,603,528
					12,437,297	13,296,182
Current assets
Debtors					4,895,092	3,271,228
Cash at bank	and	in hand			3,409,330	2,872,721
					8,304,422	6,143,949
Creditors: Amounts			fatting due within one year	18	1,221,102	725,626
Net current assets					7,083,320	5,418,323
Net assets					19,520,617	18,714,505
Funds ofthe	Charity:
Restricted					2,807,010	2,697,660
Unrestricted	income		funds
Unrestricted					16,713,607	16,016,845
Total funds				23	19,520,617	1S,714,505

Consolidated	State	ment of	Cash Flows fo	r the Year Ende	d 31 INarch 2	023
					2023	2022
				Note
Cash flows from operating	activities
Net cash income/(expenditure)					943,700	(520,728)
Adjustments tocash flows	from	noncash	items
Depreciation				14	335,228	321,198
investment income				6	(232,072)	(167,640)
(Profit)i1oss on disposal oftangible		fixed assets		10	(161.774)	412,856
Profit on disposal of investments				10	(29,553)	(234,851)
Revaluation of investments				15	611,542	139,109
					1,467,071	(50,056)
Working capital adjustments
Decrease in stocks				16	6,951	2,637
Increase in debtors				17	(1,661,731)	(701,312)
Increase/(decrease) in creditors					458,006	(2,030,955)
(Decrease)/increase in provisions				20	(1,254)	2,133
Increase in deferred income					21,393	13,938
Net cash flows from operating	activities				290,436	(2,763,615
Cash flows from investing activities
interest receivable and similar	income				15,621	1,652
Purchase oftangible fixed assets					(164,486)	(338,753)
Sale oftangible fixed assets					465,225	49,124
Purchase of investments					(739,699)	(1,109,622)
Sale of investments					553,403	1,069,717
Income fram dividends					216,451	165,988
Net cash flaws from investing	activities				346,515	161,894
Net increase/(decrease) in cash and cash equivalents					636,951	(2,925,509)
Cash and cash equivalents at	1 April				2,905,236	5,830,745
Cash and cash equivalents at	31 March				3,542,187	2,905,236

3 Income	fro	m	donati	ons and legaci	es
					Unrestricted
					funds	Restricted	Total	Total
					General	fundsf	2023	2022 R
Donations	and	legacies;
Donations					1,335,428	350,794	1,686,222	1,081,592
Legacies					4,179,395		4,179,395	2,718,005
Grants, including			capital	grants;
Government		grants						15,434
					5,514,823	350,794	5,865,617	3,815,03'I

							Unrestricted
							funds	Total	Total
							General	2023	2022
							E	E	E
	Lottery income						3,678,905	3,678,905	2,865,494
	Fundraising		and	solicited donations			507,630	507,630	400,514
							4.186,535	4,186,535	3.266,008
5	Income from other				trading activities
								Total	Total
							General	2023	2022
							E		E
Trading income;
	Shop income		from sale ofdonated			goods and services	497,750	497,750	375,202
							497,750	497,750	375,202
6	Investnlent		Irlcorne
									Unrestricted
								Total	Total
							General	2023	2022
								E	E
Income from		dividends;
	Dividends	receivable			from other listed investments		216,451	216,451	165,988
Interest receivable and					similar income;
	Interest receivable on				bank deposits		15,621	15,621	1,652
							232,072	232,072	167,640

a) Costs	of generating donati	ons and	legacies
							Unrestricted
						Total	Total
					General	2023	2022
				Note	E	K	E
Oonated	services and gifts in kind						6,250
Other direct oosts of generating		voluntary	income		138,005	138,005	50,382
Allocated	support costs				107,833	107,833	1,S37
					245,838	245,838	58,469

b) Cos	ts oftradin	g activities
					Unrestricted
				Total	Total
			General	2023	2022
Trading	subsidiary	costs	372,176	372,176	466,707
Lottery			1,090,808	1,090,808	709953
			1,462,984	1,462,9S4	1,176,660

c) Investment	c) Investment	management	management	costs	costs
									Unrestricted
								Total	Total
							General	2023	2022
						Note
Other investment		management		costs;
Amounts	payable		to investment		managers		43,566	43,566	44,189
							43,566	43,566	44,189

Support	cos	ts	allocated to char	itable activities
											Premises
											costs	Other
					Governance	Finance	information	Staff	Administration		including	sUpport	Total
				Basis of allocation	costs	costs E	technology f	costs E		costs E	depreciation f'	costs f	2023 f
Operation	of	air	ambulance	A	77 !52	4,230	57,920	223 478	,	7.3,118	281,458	257,199	1,975,154
											Premises
											costs	Other
					Governance	Finance	information	Staff	Administration		including	sUpport	Total
				Basis of allocation	costs E	costs E	technology E	costs E		costs f	depreciation f	costs E	2022 E
Operation	ol	air	ambulance	A	43,923	3415	71 235	912,951		103,053	254,510	634,752	2,023,739

Governance costs
				Unrestricted
			Total	Total
		General	2023	2022
Audit fees
Audit of the financial	statements	13,562	13,562	11,235
Legal and professional	fees	64,190	64,190	32,555
		7T,752	77752	43,823

			2023	2022
Operating	leases - helicopter operations		3,188,315	2,850,036
Operating	leases - property		53,093	67,953
Audit fees			13,562	11,235
(Profit)/loss	on disposal oftangible	fixed assets	(161,774)	412,856
Profit/ (Loss) on disposal ofinvestments			(29,553)	(234,851)
Depreciation of fixed assets			335,228	575.131

12Staffcosts The aggregate payroll costs were as follows:
	2023	2022
Staffcosts during the year were:
Wages and salaries	1,778,503	1,428,155
Social security costs	174,504	140,442
Pension costs	87,399	55,801
	2,049,406	1,624,396

year was as	follows:
		2023		2022
		No		No
Management	and Administration		13		13
Fundraising	and Cornrnunications		16		9
Operational/Clinical			13		9
Charity Retail			8		8
Lottery			4		3
			54		42

Group
	Land and	Furniture and	INotor
	buildings	equipment	vehicles	Total
	R		E	K
Cost
At 1 April 2022	5,761,544	579,045	245,468	6,586,057
Additions		163,304	1,182	164,486
Disposals	455458)	15,585)		~471,D43
At 31 March 2023	5,306,086	726,764	246,650	6,279,500
Depreciation
At 1 April 2022	354,231	330,521	184,841	869,593
Charge for the year Eliminated on disposals	171,548 ~(162,007	125,061 (15,585)	38,619	335,228 ~167,692
At 31 March 2023	373,772	439,997	223,46D	1 037,229
Net book value
At 31 March 2023	4,932,314	286„767	23,190	5,242,271
At 31 March 2022	5,407,313	248,524	60,627	5,716,464

Charity
	Land and	Furniture and	Motor
	buildings	equipment	vehicles	Total
		E
Cost
At 1 April 2022	5,761,544	512,022	206,050	6,479,616
Additions		163,304		163,304
Disposals	455,458	15,585		~471,043
At 31 March 2023	5,306,086	659,741	206,050	6,171,877
Depreciation
At 1 April 2022	354,231	277,763	154,968	786,962
Charge for the year	171,548	114,371	37,126	323,045
Eliminated on disposals	152,007	(15,585)		~167,592
At 31 March 2023	373,772	376,549	192,094	942,415
Net book value
At 31 March 2023	4,932,314	283,192	13,956	5,229,462
At 3'I March 2022	5,407,313	234,259	51,082	5,692,654

Group
			2023	2022
			E
Other investments			7,207,833	7,603,526
Other investments
			Usted
			investments	Total
			E	E
Cost or Valuation
At 1 April 2022			7,603,526	7,603,526
Revaluation			(611,542)	(611,542)
Addibons			739,699	739,699
Disposals
At 31 March 2023			7,207,833	7.207,833
Net book value
At 31' March 2023			7,207,833	7,207,833
At 31 March 2022			7,603,526	7,603,526
Charity
			2023	2022
				K
Shares in group undertakings	and participating	interests	2	2
Other investments			7,207,833	7603,526
			7,207,835	7,603,528

Shares in group undertakings and participating i	nterests
	Subsidiary
	undertakings		Total
	E
Cost
At 1 April 2022
At 31 March 2023
Met book value
At 31 March 2023		2		2
At 31 March 2022

Other investments
	Listed
	investments	Total
		E
Cost or Valuation
At 1 April 2022	7,603,526	7.603,526
Revaluation	(611,542)	(611,542)
Additions	739,699	739,699
Dispose Is	523,850	~523,850
At 31 March 2023	7,207,833	7,207,833
Net book value
At 31 March 2023	7,207,833	7,207,833
At 31 March 2022	7,603,526	7,603,526
Details ofundertakings

						Proportion	Proportion
						ofvoting
			Country of			rights	and
Undertaking			incorporation		Holding	shares	held	Pnncrpal	activtty
						2023	2022
Subsidiary	undertakings
								Sale of	souvenirs		and
								donated	goods		to
								generate	income	for	the
Ambucopter Limited	Trading	Company	United	Kingdom	Ctrdinary Shanos	100%	100%	benefit of Lincolns hire			The and
								Nottinghamshire			Air
								Ambulance	Charitable
								Trust

1$Stock
	Group			Charity
	2023 E	2022 f	2023 E	.	2022 E
Stocks	8,636	15,587

17Debtors
	2023 E Group	2022f	Charity 2023f	2022
Due from group undertakings			241,321	271,993
Prepayments	157,814	121,460	150,272	102,465
Accrued income	4,359,763	2,834,854	4,325,261	2,827,615
VAT recoverable	92,734	50,481	92,534	41,725
Other debtors	90,836	32,621	85,704	27,430
	4,701,147	3,039,416	4,895,092	3,271,228

				Group		Charity
				2023 E	2022f	2023 E	2022
Trade creditors				493,836	97,397	488,436	78.088
Trading	subsidiary	oorporation	tax payable	(8,691)	(8,691)
Other taxation and		social security		60,215	42,760	60,2'l5	42,760
Other creditors				4,693	14,677	4,693	14,677
Accruals				297,106	243,010	281,546	225,282
Deferred	Income			386,212	364,819	386,212	364,819
				1,233,371	753,972	1,221,102	725,626

Deferred Group	income
				2023.	2022
Deferred	income at 1 April 2022			(364,819)	(350,881)
Resources deferred in the period				(386,212)	(364,819)
Amounts	released from previous	periods.		364,819	350,881
Deferred	income at year end
Charity
				2023	2022
Deferred	income at 1 April 2022			(364,819)	(350,881)
Resources deferred in the period				(386,212)	(364,819)
Amounts	released from previous	periods		364,819	350,881
Deferred	income at year end			~386,212	~364,819)
Deferred	income relates to lottery	money received	in advance.

Total future minimum lease payments u	nder non-cancellable operatin	g leases are a	s follows:
	Group		Charity
	2023	2022	2023	2022
	E	E
Other
Within one year	3,230,926	2,901,854	3,196,608	2,850,036
Between one and five years	12,866,127	11,495,907	12,786,432	11,400,144
After five years	1,350,170 .	4,074,051	1,331,920	4,037,551
	17,447,223	18,471,812	17,314,960	18,287,731

Group
											Balance
		Balance								Other	at 31
		at	1 April	Incoming		Resources				recognised	IVIarch
			2022	resources		expended		Transfers		gainsl(losses)	2023
			E		E	E		E		E	E
Unrestricted
General		13,824,141		10,431,180		(9,014,841)		(729,000)		(581,989)	13,929,491
Designated		2,000,000						729,000			2,729,000
Total unrestricted		15,824,141		10,431,180		(9,014,841)				(581,989)	16,658,491
Restricted		2,697,66D		35D.794		~241,444					2,807,010
Total funds		1S,521,801		10,7S1,974		(9~256,285				(581,989)	19,465,501
	Balance	at								Other	Balance at
	1 April		Incoming		Resources					recognised	31NIarch
	2021		resources		expended		Transfers		gains/(losses)		2022
	E			E		E		E		E
Unrestricted
General	9,635,320		7,576,948		(7,983,870)		4,500,000			95,743	13,824,141
Designated	6,500.000						~(4.5D0,000				2,000,000
Total unrestricted	16,135,320		7,576,948		(7,983,870)					95,743	15,824,141
Restricted	2,907,209		.46,933		~256,482						2,697,660
Total funds	19,042,529		7,623.881		~8,240~352					95,743	18,521,801

Charity
	Balance at				Other	Balance at
	1 April	Incoming	Resources		recognised	31 INarch
	2022 f	resources f	expended f	Transfers	gains!(losses) f	2023
Unrestricted
General	14,016,847	9,993,788	(8,715,039)	(729,000)	(581,989)	13,984,607
Designated	2,000,000			729,000		2,729,000
Total unrestricted	16,016,847	9,993,788	(8,715,039)		(581,989)	16,713,607
Restricted	2,697,660	350,794	241,444			2,807,010
Total funds	18,714,507	10,344,582	~8,956,483(		~58(,989(	19.520,617
	Balance at				Other	Balance at
	1 April 2021f	Incoming resources f	Resources expended f	Transfers f	recognised gains}}(losses) f	31 March 2022 f
Unrestricted
General	9,757,211	7,232,133	(7,568.242)	4,500,000	95,743	14,016.845
Designated	6,500,000			(4,~00.0~0}		2,000,000
Total unrestricted	16,257,211	7,232,133	(7,568,242)		95,743	16,016,845
Restricted	2,907,209	46,933	(256,482)			2,697,660
Total funds	19,164,420	7,279,066	~7,824,724		95,743	18,714,505

Group
						Total funds
			Unrestricted	funds	Restricted	at 31 March
			General	Designated	funds	2023
			E	E		E
Tangible		fixed assets	2,679,562		2,562,709	5,242,271
Fixed asset investments			4,478,833	2,729,000		7,207,833
Current		assets	S,007,669		244,301	8,251,970
Current		liabilities	(1,233,371)			(1,233,371)
Provisions						(3,202
Total nel assets			13,929.491	2,729,000	2,807,010	19,465,501
						Total funds
			Unrestricted	funds	Restricted	at 31 INarch
			General	Designated	funds	2022
				E	E	E
Tangible		fixed assets	3,018,804		2,697,660	5,716,464
Fixed asset investments			5,603,526	2,000,000		7,603,526
Current	assets		5,960,239			5,960,239
Current	liabilities		(753,972)			(753,972)
Provisions						4,456
Total net		assets	13,824,141	2,000,000	2,697.660	18,521,801
Charity
						Total funds
			Unrestricted	funds	Restricted	at 31 INarch
			General	Designated	funds	2023
			E	E	E
Tangible		lixed assets	2,666,753 .		2,562,709	5,229,462
Fixed asset inveslrnenls			4,478,835	2,729,000		7,207,835
Current	assets		S,060,121		244,301	8,304,422
Current	liabilities					(1,221,102)
Total net		assets	13,984,607	2,729,000	2,807,010	19,520,617
						Total funds
			Unrestricted	funds	Restricted	at 31 INarch
			General	Designated	funds	2022
			E	E	E	E
Tangible		fixed assets	2,994,994		2,697,660	5,692,654
Fixed asset investments			5,603,528	2,000,000		7,603,528
Current	assets		6,143,949			6,143,949
Current	liabilities					725,626
Total net		assets	14,016,845	2,000,000	2,697,660	18,714,505