2022-03-31-accounts - Air Ambulance Charity Kent Surrey Sussex

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	~	~			~		~				~
		~				~		~
	~				l
												~					~	~
			~			.~			~
																~		~
				~					~									~	~
																	~	~
													~			~
											~			~
													~	~	~
							~			~
								~		~
																		~ ~
				~		~							~		~			~ ~
		'
~
				~
				~		~	~				~
				~		~	~				~	~
				~		~	~				~
				~			~

Who We Are

Activities. Achievements and Performance EDIC The following section details our activities, achievements, and performance against our agreed set of objectives which we work to.wards in order to achieve our goals.

si Goal: We deliver outstanding treatment and

{• +,+ 4 Goal: We make a difference

••" Goal: We generate and insplre supportl

'4 •• Goal: We aspire for excellence in all we do

				~ ~
				Tosupport the Board in executing its responsibilities	TS N Oakes (Chair)
Audit, Risk,				around risk management, internal controls, governance	D H B Burgess
Remuneration			and	and compliance, coordinating financial scrutiny and	P D Stewart
Investment		(ARRI)		oversight of all KSSfunds, budgets and financial
Committee				performance.
				To provide oversight forthe Board and support the	Prof A Rhodes	(Chair)
				Service Delivery Team in developing and delivering	D H B Burgess
Clinica I Governance and Service Delivery (CGSD) Committee				strategies and plans and make recommendations to the Board on behalf of its members. The Committee will also maintain financial oversight of relevant budgets.	N C Hall RR Lee D AJ Morgan
				To provide oversight tothe Board ofTrustees in	M J Docherty	(Chair)
				relation tothe charity's income Generation, Marketing	S EAppleby
Income Generation, Marketing and				and Communications strategies and plans. The Committee shall support the teams in developing	PJ Barrett MBE J B Redman
Communication				and delivering strategies and shall make
(IGMC)	Committee			recommendations to the Board on behalf of its
				members. The Committee will also maintain financial
				oversight of all income Generation, Marketing and
				Communications budgets.
				To provide direction and guidance to the Board and	Prof A Rhodes	(Chair)
				Executive on the options available to KSS in relation to	D H BBurgess
Aviation Advisory Group (AAG)				its short-, medium- and long-term aviation strategy and critical supply partners and any other related party, contract orservice. Toenable the Board and Executive	N C Hall R R Lee D AJ Morgan
				to make the most informed choice in the best interests	TS N Oakes
				ofKSS.
				The Trading Subsidiary of KSS,a registered Company	The following	served as
				limited by Guarantee in England and Wales.	Directors during the year:
Air Ambulance Promotions Ltd					M Boutcher (Chair) (retired 10"May 2022) D Mantz
(AAPL)					L D Harris (retired 10~ May
					2022)
					A D Welch
					A M Farrant (retired 8'"
					December 2021)
					PJ Barrett MBE

AIR AMBULANCE CHARITY KENT SURREY SUSSEX Your support is as critical as our care To make a donation please scan hde.. Financial Review

*HY Our Accounts

		Notes	Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2022	2021
Income:
Donations and	legacies		5,706,601	416,865	6,123,466	5,684,744
Charitable activities			2,020,469		2,020,469	2,088,594
Trading activity			8,101,249	170,145	8,271,394	8,667,799
Investment income			232,195		232,195	265,244
Other income			915,070		915,070	729,109
Total income			16,975,584	587,010	E17,562,594	17,435,490
Expenditure:
Raising funds		5	2,835,697		2,835,697	2,441,761
Charitable activities		5	11,992,017	449,271	12,441,288	11,608,801
Cost ofsales trading		5	1,268,576	29,859	1,298,435	1,160,674
subsidiary
Total expenditure			16,096,290	479,130	16,575,420	15,211,236
Operating surplus			879,294	107,880	987,174	2,224,254
Unrealised gains I(losses) on		8	1,503,725		1,503,725	2,812,281
investments
Net income			2,383,019	107,880	2,490,899	5,036,535
Transfer between funds			102,787	(102,787)
Net movement	in funds		2,485,806	5,093	2,490,899	5,036,535
Reconciliation	offunds:
Fund balances	brought forward		31,747,211	124,856	31,872,067	26,835,532
Fund balances	carried forward		34,233,017	129,949	34,362,966	31,872,067

			Notes	Total Funds	Total Funds
				2022	2021
Fixed Assets:				f	f
Tangible assets				4,531,201	4,930,331
Investments				25,172,842	24,308,772
				29,704,043	29,239,103
Current Assets:
Stocks				1,028	876
Debtors			10	1,267,447	520,894
Cash at bank and		in hand		5,147,489	3,427,644
				6,415,964	3,949,414
CREDITORS: amounts falling due within oneyear			12	1 757041	1,316,450
NET Current	Assets			4,658,923	2,632,964
NETAssets				34,362,966	31,872,067
Reserves:
Designated	Funds		14	16,680,869	16,860,367
General Funds			14	17,552,148	14,886,844
Restricted	Finds		14	129,949	124,856
				34,362,966	31,872,067

	Notes	Total Funds	Total Funds
		2022	2021
Fixed Assets:
Tangible assets		4,531,201	4,930,331
Investments		25,172,844	24,308,774
		29,704,045	29,239,105
Current Assets:
Debtors	10	3,235,056	2,639,887
Cash at bank and in hand	11	2,394,015	1,040,323
		5,629,071	3,680,210
CREDITORS: amounts falling due within one year	12	970,148	1,047,246
NET Current Assets		4,658,923	2,632,964
NET Assets		34,362,968	31,872,069
Reserves:
Designated Funds	14	16,680,869	16,860,367
General Funds	14	17,552,150	14,886,846
Restricted Finds	14	129,949	124,856
		34,362,968	31,872,069

Reconciliation ofNET Incoming	Reconciliation ofNET Incoming	Resources to NET	Resources to NET	Cash	Total Funds	Total Funds
Inflow from Operating Activities					2022	2021
NET incoming Resources					987,174	2,224,254
Investment Income					(587)	(3,221)
Interest accrued on loan to SAS					(231,608)	(262,023)
(Profit) / Loss on disposal of Fixed Assets					(458)	(11,230)
Amortisation					11,975	11,975
Depreciation					503,211	514,313
(Increase) / Decrease in Stock					(152)	2,616
Decrease /(Increase) in Debtors					(746,553)	554,061
(Decrease) / Increase in Creditors					440,591	(149,949)
New Cash Inflow from Operating	Activities				963,593	2,880,796
Returns on Investment
Interest received					587	3,221
Capital Expenditure and Financial		Investments
Purchases ofTangible Fixed Assets					(106,590)	(121,581)
Proceeds from Disposal ofTangible		Fixed	Assets		2,967	11,982
Investments made in year					(25,700)	(5,000,000)
Loan repa ments received					884,988	884,988
NET Cash Flow from Capital Expenditure			and Financial	Investments	755,665	(4,224,611)
NET Cash Inflow					1,719,845	(1,340,594)
Cash at Bank and in Hand
Opening Balance at 1"April 2021					3,427,644	4768 238
NET Cash Inflow for the year					1,719,845	(1 340594)
Closing Balance at 31"March 2022					5,147,489	3,427,644

3.Incoming Res	ources
		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2022	2021
Donations and Legacies:
Donations (not arising from events)		2,143,650	398,047	2,541,697	2,371,471
Legacies &in Memorium		3,442,262	18,818	3,461,080	3,268,231
Collection Boxes		120,689		120,689	45,042
		5,706,601	416,865	6,123,466	5,684,744
Charitable activities:
Intangible income—					6,863
cars loaned by sponsor
Intangible income—		14,065		14,065	11,742
drugs &medical consumables
Intangible income— armed forces, doctors salaries		58,286		58,286	72,805
Clinical staff funded	by NHS	1,800,000		1,800,000	1,439,239
Government grants					405,176
Lease income		147,598		147,598	141,549
Profit/(Loss) on disposal	offixed assets	458		458	11,230
Exchange rate gains/(loss)		62		62	(10)
		2,020,469		2,020,469	2,088,594
Income from Trading	Subsidiary	8,101,249	170,145	8,271,394	8,667,799
Investment income
Bank deposit interest		343		343	2,000
Interest on loan		231,608		231,608	262,023
Bank deposit interest- trading subsidiary		244		244	1,221
		232,195		232,195	265,244
Other income
Group fundraising and events		915,070		915,070	729,109
TOTAL INCOME		16,975,584	587,010	17,562,594	17,435,490

		Total Funds	Total Funds
		2022	2021
Turnover		8,271,394	8,667,799
Cost of Sales		1,234,697	1,058,364
Gross Profit:		7,036,697	7,609,435
Interest receivable		244	1,221
		7,036,941	7,610,656
Less overheads
Administrative	expenses	63,738	102,311
Income from subsidiary		6,973,203	7,508,345
Comprising:
General Funds		6,832,916	7,358,180
Restricted Funds		140,287	150,165
Total income from subsidiary		6,973,203	7,508,345

				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2022	2021
Raising Funds:
StaffCosts				1,626,388		1,626,388	1,509,245
Consultancy Fees				47,175		47,175	53,094
Advertising, promotion			and publicity	138,642		138,642	92,454
Other Costs				1,023,492		1,023,492	786,968
				2,835,697		2,835,697	2,441,761
Direct Charitable	Expenditure:
Air Ambulance running			costs	7,174,349	409,271	7,583,620	7,064,246
Paramedics Costs				1,197,694		1,197,694	1,059,402
Clinical Managers				461,344		461,344	401,250
Doctors				1,205,688	20,000	1,225,688	1 psp 563
Operational Employees				410,695		410,695	495,389
Research and Education				140,293	20,000	160,293	62,772
Dep'n of Helicopter		Equipment		148,760		148,760	150,234
				10,738,823	449,271	11,188,094	10,313,856
Management and	Administration
StaffCosts				398,876		398,876	335,495
Professional Fees				44,409		44,409	96,149
Other Costs				196,339		196,339	215,038
				639,624		639,624	646,682
Supporting Costs	and	Depreciation
Property Expenses				397,272		397,272	426,438
Depreciation				216,298		216,298	221,825
				613,570		613,570	648,263
Total Charitable Expenditure				11,992,017	449,271	12,441,288	11,6p8 8p1
Trading Subsidiary	Cost			1,268,576	29,859	1,298,435	1,160,674
TOTAL EXPENDITURE				16,096,290	479,130	16,575,420	15,211,236

Total resources expended	Total resources expended	Total resources expended	Total resources expended	is	stated after charging:	stated after charging:	stated after charging:	stated after charging:		Total Funds	Total Funds
										2022	2021
Auditors' remuneration			—as auditors							19,450	18,500
			—for taxation services							1,000	1,500
			-for	professional			advice provided			6,965	2,220
Operating	leases		—land	and buildings						178,538	227,798
			- helicopter			(including		pilotage standing		5,407,638	5,394,773
			charges)
			—cars							34,545	21,828
			—office equipment							27,370	26,070
Depreciation										503,211	514,313
Staff costs										2022	2021
										f	f
Wages and	salaries									2,988,625	2,559,156
Social security costs										278,036	245,932
Pension costs										297,913	253,261
										3,564,574	3,058,349
In 2022 no	ex-gratia	payments			were made by way ofcompensation					forthe termination of	employment.
(2021:two	payments		totalling		off13,167)
The average	number		ofemployees			excluding		Trustees, analysed	by	2022	2021
function was:
Management and administration										17	15
Fundraising	and publicity									36	33
Direct charitable expenditure,					including		secondees and emeritus			56	50
										109	98

Group and Charity	Redhill Base	Helicopter Equipment ffncl plant)	Motor Vehicles	Computer Equipment	Office Equipment	Rochester Base	Total
Cost	f	E				8	E
At 1"Apri) 2021	2,414,290	1,104,595	190,269	318,748	182,244	2,362,369	6,572,515
Additions		57,222	37,658	10,232	1,478		106,590
Disposals	(2,967)						(2,967)
At 31"March 2022	2,411,323	1,161,817	227,927	328,980	183,722	2,362,369	6,676,138
Depreciation
At 1 April 2021	323,180	563,987	101,409	207,616	112,519	333,473	1,642, 184
Disposals	(458)						(458)
Charge forthe year	99,404	148,760	31,853	68,364	35,167	119,663	503,211
At 31st March 2022	422,126	712,747	133,262	275,980	147,686	453,136	2,144,937
NET book values at
31st March 2022	1,989,197	449,070	94,665	53,000	36,036	1,909,233	4,531,201
At 31st March 2021	2,091,110	540,608	88,860	111,132	69,725	2,028,896	4,930,331

Group			Listed	Unlisted	Total
			Investments	Investments
Market Value
At 1"April 2021			18,921,583	5,387,189	24,308,772
Additional Investment		in Year	25,700		25,700
Interest Accrued				231,608	231,608
Repayment of Loans				(884,988)	(884,988)
Amortisation				(11,975)	(11,975)
Increase/(Decrease)	in	valuation	1,503,725		1,503,725
At 31st March 2022			20,451,008	4,721,834	25,172,842

Charity		Shares in	Listed	Unlisted	Tota I
		Subsidiary	Investments	Investments
		Company
Market Value
At 1"April 2021		2	18,921,583	5,387,189	24,308,774
Additionallnvestment	in Year		25,700		25,700
Interest Accrued				231,608	231,608
Repayment of Loans				(884,988)	(884,988)
Amortisation				(11,975)	(11,975)
Increase/(Decrease)	in valuation		1,503,725		1,503,725
At 31"March 2022		2	20,451,008	4,721,834	25,172,844

Group and Charity			Original	Tota I
			Cost
Listed investments comprise the following:
Smith Ik Williamson	Portfolio		7,025,700	8,749,023
Ruffer LLP Portfolio			9,000,000	11,701,985
At 31"March 2022			16,025,700	20,451,008
Unlisted investments	comprise the following:		2022	2021
			f	f
Helicopter Loans			4,596,834	5,262,189
Enterprise Investment			125,000	125,000
At 31"March 2022			4,721,834	5,387,189
			2022	2021
Movement on listed	investments
Market Value at the	Beginning ofYear		18,921,583	11,109,302
Additions in Year			25,700	5,000,000
			18,947,283	16,109,302
Market Value at End	ofYear		20,451,008	18,921,583
Increase/(Decrease)	in value		1,503,725	2,812,281
Subsidiary Balance Sheet			2022	2021
The Assets and Liabilities ofthe subsidiary		were:	E	f
Current Assets
Stock			1,028	876
Debtors			534,981	110,055
Cash at Bank			2,753,474	2,387,322
			3,289,483	2,498,253
Creditors: Amounts	Falling Due Within One Year		3,289,481	2,498,251
Capital and resenres:
Called up share capital
Profit and loss account

			Charity	Charity	Group
			2022	2021	2022	2021
Goods for resale at cost					1,028	876
10. Debtors
				Charity	Group
			2022	2021	2022	2021
Trade Debtors			246,732	157,328	251,999	157,328
Current Account with Subsidiary			2,502,590	2,229,047
Other Debtors			1,928	935	108,046	110,991
Prepayments	and Accrued	Income	483,806	252,577	907,402	252,575
			3,235,056	2,639,887	1,267,447	520,894
11.Cash	in Hand and at Bank
			Chadty		Group
			2022	2021	2022	2021
Investment	Deposit Accounts		103,688	103,574	103,688	103,574
Other 8ank	Accounts		2,289,971	936,272	5,043,430	3,323,578
Petty Cash			356	477	371	492
			2,394,015	1,040,323	5,147,489	3,427,644

		Chadty		Group
		2022	2021	2022	2021
Trade Creditors		572,261	583,990	649,899	618,503
Other Taxation and Social Security		102,524	98,558	102,524	98,558
Other Creditors		23,597	30,641	23,597	35,348
Accruals and Deferred	Income	271,766	334,057	981,021	564,041
		970,148	1,047,246	1,757,041	1,316,450

Financial	Assets					Charity	Charity	Group
						2022	2021	2022	2021
						f	f	f	f
Financial	Assets Measured		at	Amortlsed	Cost	30,398,789	27,561,829	30,761,056	27,830,157
Financial	Liabilities					Charity		Group
						2022	2021	2022	2021
Financial	Liabilities	Measured		at Amortised		813,570	941,188	900,956	987,156
Cost

re used to further the obje	ctives of KSS.
Designated Funds	As at31" March 2021	Utilised I Released	New Designations	Asat 31' March 2022
Fixed Assets	4,930,331	(505,720)	106,590	4,531,201
Property Relocation	1,000,000			1,000,000
Future Helicopters	10,930,036	(11,975)	231,607	11,149,668
	16,860,367	(5'l7,695)	338,197	16,680,869

Movements in	Funds
Group		General	Designated	Toto I Unrestricted	Restncted	TotalFunds 2022	Total Funds 2t 21
Balance at 1eApril	2021	14,886,844	16,860,367	31,747,211	124,856	31,872,067	26,835,532
Total Income		16,637,387	338,197	16,975,584	587,010	17,562,594	17,435,490
Total Expenditure		(15,578,595)	(517,695)	(16,096,290)	(479,130)	(16,575,420)	(15,211,236)
(Loss)/gain on investments		1,503,725		1,503,725		1,503,725	2,812,281
Transfers between	funds	102,787		102,787	(102,787)
Balance at 31n March 2022		17,552,148	16,680,869	34,233,017	129,949	34,362,966	31,872,067
Charity		General	Designated	Tota I Unrestricted	Restricted	Total Funds 2022	Total Funds 2021
Balance at I"April	2021	14,886,846	16,860,367	31,747,213	124,856	31,872,069	26,835,534
Total Income		15,338,952	338,197	15,677,149	587,010	16,264,159	16,274,815
Total Expenditure		(14,280,160)	(517,695)	(14,797,855)	(479,130i	(15,276,985)	(14,050,561)
(Loss)/gain on investments		1,503,725		1,503,725		1,503,725	2,812,281
Transfers between	funds	102,787		102,787	(102,787)
Balance at31'March 2022		17,552,150	16,680,869	34,233,019	129,949	34,362,968	31,872,069

Analysis	ofNet Assets	Setween Fun	ds
Group		General	Designated	Tots I Unrestricted	Restricted	Total Funds 2022	Total Funds 2021
Tangible	Fixed Assets		4,531,201	4,531,201		4,531,201	4,930,331
Investments		13,023,174	12,149,668	25,172,842		25,172,842	24,308,772
Cash		5,017,540		5,017,540	129,949	5,147,489	3,427,644
Other Assets and Liabilities		(488,566)		(488,566)		(488,566)	(794,680)
		17,552,148	16,680,869	34,233,017	129,949	34,362,966	31,872,067
Charity		General	Designated	Total Unrestricted	Restricted	Total Funds 2022	Total Funds 2021
Tangible	Fixed Assets		4,531,201	4,531,201		4,531,201	4,930,331
Investments		13,023,176	12,149,668	25,172,844		25,172,844	24,308,774
Cash		2,264,066		2,264,066	129,949	2,394,015	1,040,323
Other Assets and Liabilities		2,264,908		2,264,908		2,264,908	1,592,641
		17,552,150	16,680,869	34,233,019	129,949	34,362,968	31,872,069

		As at	Income	Resources	Transfers	Asat
Group &Charity		31"March 2021	Resources	Expended	between Funds	31eMarch 2022
Training centre		20,027			(4,819)	15,208
Night f)ying			170,145	(170,145)
Fidelity mannequins Training		23,902		(937)		22,965
Ultrasound		7,031				7,031
Autopulse —cardiac support pump		7,500				7,500
Compact suction	units	1,021		(783)		238
Load bearing vests		1,100				'I,100
Rescue warming	mats	371				371
Research			20,000	(20,000)
Training equipment		11,098				11,098
Lions equipment		1,237	9,569	(1,081)	(7,687)	2,038
Flying suits		36,529		(36,529)
Tempus Pro Monitor			35,759		(31,755)	4,004
Ventilator			45,962	(3,296)	(15,871)	26,795
Helicopter			174,500	(170,500)		4,000
Fuel costs		15,000	20,818	(35,818)
Equipment		40	20,000	(20,040)
Physio Control Lucas 3 Devices			4,997		(4,997)
Community Response Fund			20,000			20,000
Critical Care Fund			20,000	(20,000)
Rapid Response			45,259		(37,658)	7,601
		124,856	587,009	(479,129)	(102,787)	129,949

icted funds	icted funds	icted funds	icted funds
cted funds represent				funds held	forthe provision ofemergency equi pment and resources for
Kent,	Surrey	and	Sussex. These funds include:
				Grant received from the Libor Fund for the development ofa Hi Fidelity
				training centre
				Receives the profit from the 24/7 weekly draw operated by Air
				Ambulance	Promotions Limited and other donations. The funds are used
				in support	ofthe night flying operations
			~	Donations	specifically for the purchase of Fidelity mannequins
				For grants	and other donations for ultrasound diagnostic equipment
				Donations	and grants towards the costs ofcardiac support pumps
				Donations	specifically for the purchase ofcompact suction units
		~		Donations	forthe on-going cost ofload bearing vesta used by the crew
				Donations	given forthe purchase ofrescue warming mats
				Legacies received for research purposes for diagnosis and treatment
				Donations	~eceived to buy medical training equipment
				Donations	from the Lions Club International. During the year the Lions Club
				purchased	a Rapid Response Vehicle
				Donations	from Tesco Groundwork UKto provide flying suits for
				the HEMS	crew
~ ~	~ ~			Donations	and grants provided to support the purchase ofa Tempus	ALS
				system
				Donations	and grants provided to support the purchase ofventilators
				Donations	and grants provided to support the cost offuel in flying missions

				Donations	and grants provided to support the purchase of	medical and
				helicopter	equipment
				Donations	and grants provided to support the purchase of	Lucas 3devices
				Donations	and grants to support the development ofnew community
				projects such as Patient and Family Aftercare and prevention		and education
				training to	equip our communities to provide critical first response
				Donations	and grants provided to support the cost ofour medical team and
				our medical interventions
~	~	~	~	Donations	and grants provided to support the purchase of	Rapid Response
				Vehicles

f 13th	March 2027, were as fol	lows:
		1 year	2tos	More than	Total
		or less	years	5 years	commitments
Land 8r	Buildings
Redhill	Hangar 10	220,000	869,753		1,089,753
Rochester		20,000	80,000	225,315	325,315
		240,000	949,753	225,315	1,415,068
Aviation	capability	5,044,142	20,176,566	6,743,948	31,964,656
Vehicles		24,771	25,299		50,070
Office Equipment		11,579	1,272		12,851
Total Lease Commitments		5,320,492	21,152,890	6,969,263	33,442,435

	2022	2021
Gift aided lottery and Raffle profits	5,404,286	5,696,782
Gift aided AAPL Profits	1,337,388	1,588,466
Total gift aided donations	6,741,674	7,285,248
Recharges tor Staff costs	197,501	191,283
Recharges for property and administration	34,028	31,314
Total Recharges	231,529	222,597

KSS AIR AMBULANCE CHARITY KENT SURREY SUSSEX L 01634471 900 hello@aakss.org.uk aakss.org.uk Air Ambulance Charity Kent Surrey Sussex, Rochester City Airport, Maidstone Road, Chatham, Kent, ME5 9SD I Charity no. 1021367