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← South East Coast Ambulance Service Charitable Fund

2021-03-31-accounts

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Trustee’s Annual Report and Financial Statements for the Year Ended 31st March 2021

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 1

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Trustee’s Annual Report for the Year to 31st March 2021

in the year was incurred as follows:
2020/21 2019/20
£’000 £’000
Patients welfare and amenities 0 1
Staff welfare and amenities 151 15
Management administration costs – miscellaneous 13 11
__ __
Total Expenditure 164 27

Total Expenditure

The trustee has given due consideration to Charity Commission published guidance on the operation of the public Benefit Requirement

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 2

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

D. Trustee

The Trustee of the Charity is the South East Coast Ambulance Service NHS Foundation Trust. The Directors of the Trust are also charged with the management of the Charitable Fund.

The Directors of the Trust were as follows: -

Chairman and Non Executive Directors (from 1 April 2020)

David Astley Lucy Bloem Left 31 August 2021 Alan Rymer Left 31 January 2021 Terry Parkin Left 31 August 2021 Patricia McGregor Left 8 June 2020 Laurie McMahon Michael Whitehouse Howard Goodbourn Thomas Quinn Appointed 1 October 2020 Subathra devi Shanmuganathan Appointed 1 March 2021 Executive Directors Philip Astle - Chief Executive David Hammond - Executive Director of Finance & Corporate Services Joe Garcia - Executive Director of Operations (to 31 March 2021) Dr Fionna Moore - Executive Medical Director Bethan Eaton-Haskin - Executive Director of Nursing & Quality Steve Emerton - Executive Director of Strategy & Business Development (to 31 December 2020) Ali Mohammed - Executive Director of Human Resources and Organisational Development

Monitoring of the charitable fund by the Trust is managed by the Charitable Fund Committee details of which can be found in the Trusts annual report. Please see the Directors' report section of this document.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 3

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

E. Administration

The charity is administered by the Director of Finance and nominated staff. Regular reports are made to the Trust’s Charitable Funds Committee (CFC). Decisions relating to grants are in accordance with policy approved by the CFC; significant policy matters are referred to the CFC.

The South East Coast Ambulance Service NHS Foundation Trust has accrued a recharge of £8,000 (2019/20 - £8,000) for management of the charitable fund with a further £4,560 accrued for remuneration of the Auditor. An NHS Foundation Trust is not allowed to make a donation to charity, and is required to make a reasonable charge for the services it provides.

F. Expenditure Plans for 2021/22

The Trustee will be seeking opportunities to use the currently retained funds during 2021/22 in accordance with the objects of the Charity and in accordance with the purposes for which restricted funds were donated, defined in terms of a purpose that improves efficiency, enhances and develops the Ambulance Service, its staff and patients. It will also be utilising the remaining funds received from NHS Charities Together to support staff projects.

G. Reserves

The Charity invests surplus funds in investment deposit accounts, in order to earn some income whilst minimising risk.

The funds are available at short notice. At the end of the period, the interest rates on the account were 0.01% (Lloyds Bank).

The Charity also own shares in a company that is not publicly listed, as the donation was received in this form. Dividend income is earned on this investment (2020/21 £1,350). If the charity considered disposing of these shares there is a limited market for them. Due to the nature of the shares and the restriction in the market place it is only right and proper to base the value on dividend yield. The shares have been valued at £27,131 (£26,560 for 2019/20) based on dividend yield.

H. Risk

The Chief Executive and Director of Finance review the major risks to the funds. Investment risks are kept to a minimum by holding surplus funds in low-risk deposit accounts.

I. Appreciation

The Trustee wishes to express its appreciation and gratitude for all the funds received from members of the public. Without this generosity the Fund would not be able to support the Trust in performance of its purpose whilst additionally supporting the wellbeing of its staff.

On behalf of the Trustee

David Astley Chairman of South East Coast Ambulance Service NHS Foundation Trust

Philip Astle Chief Executive of South East Coast Ambulance Service NHS Foundation Trust

Date: 27 January 2022

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 4

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Foreword

These financial statements have been prepared by the Trustee under Section 98(2) of the National Health Service Act 1977 (as amended) in the form which the Secretary of State has, with the approval of the Treasury, directed.

Statutory background

The South East Coast Ambulance Service NHS Foundation Trust is the corporate trustee of the funds held on trust under the NHS Act 2006.

The South East Coast Ambulance Service NHS Foundation Trust charitable funds held on trust are registered with the Charity Commission.

Main purpose of the funds held on trust

The main purpose of the charitable funds held on trust is to apply income for any charitable purpose relating to the National Health Service wholly or mainly for the services provided by the South East Coast Ambulance Service NHS Foundation Trust, for expenditure which the Trust does not and cannot obtain funding. In furthering these objectives the Charity seeks to apply expenditure only where a public benefit will ensue, directly or indirectly.

Statement of Trustee’s responsibilities

The trustee is responsible for:

· keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the funds held on trust and to enable them to ensure that the financial statements comply with requirements in the Charities Act 2011 and those outlined in the directions issued by the Secretary of State;

The trustee is required under the Charities Act 2011 and the National Health Service Act 1977 to prepare accounts for each financial year. The Secretary of State, with the approval of the Treasury, directs that these accounts give a true and fair view of the financial position of the funds held on trust, in accordance with the Charities Act 2011. In preparing those financial statements, the trustee is required to:

· apply on a consistent basis accounting policies laid down by the Secretary of State with the approval of the Treasury;

· state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.

The trustee confirms that they have met the responsibilities set out above and complied with the requirements for preparing the financial statements. The financial statements set out on pages 12 to 18 have been compiled from and are in accordance with the financial records maintained by the Trustee.

By Order of the Trustee Signed

David Astley Chairman of South East Coast Ambulance Service NHS Foundation Trust

Philip Astle Chief Executive of South East Coast Ambulance Service NHS Foundation Trust

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 5

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Independent auditor’s report to the Trustee of South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Opinion

We have audited the financial statements of South East Coast Ambulance Service NHS Foundation Trust Charitable Fund (“the charity”) for the year ended 31 March 2021 which comprise the Statement of Financial Activities, Balance Sheet and related notes, including the accounting policies in note 1.

In our opinion the financial statements:

Basis for opinion

We have been appointed as auditor under section 149 of the Charities Act 2011 (or its predecessors) and report in accordance with regulations made under section 154 of that Act.

We conducted our audit in accordance with International Standards on Auditing (UK) (“ISAs (UK)”) and applicable law. Our responsibilities are described below. We have fulfilled our ethical responsibilities under, and are independent of the charity in accordance with, UK ethical requirements including the FRC Ethical Standard. We believe that the audit evidence we have obtained is a sufficient and appropriate basis for our opinion.

Going concern

The trustees have prepared the financial statements on the going concern basis as they do not intend to liquidate the charity or to cease its operations, and as they have concluded that the charity’s financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements (“the going concern period”).

In our evaluation of the trustees’ conclusions, we considered the inherent risks to the charity’s business model and analysed how those risks might affect the charity’s financial resources or ability to continue operations over the going concern period.

Our conclusions based on this work:

However, as we cannot predict all future events or conditions and as subsequent events may result in outcomes that are inconsistent with judgements that were reasonable at the time they were made, the absence of reference to a material uncertainty in this auditor's report is not a guarantee that the charity will continue in operation.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 6

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Independent auditor’s report to the Trustee of South East Coast Ambulance Service NHS Foundation Trust Charitable Fund (cont)

Fraud and breaches of laws and regulations – ability to detect

To identify risks of material misstatement due to fraud (“fraud risks”) we assessed events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. Our risk assessment procedures included:

We communicated identified fraud risks throughout the audit team and remained alert to any indications of fraud throughout the audit.

As required by auditing standards, we perform procedures to address the risk of management override of controls, in particular the risk that management may be in a position to make inappropriate accounting entries.

On this audit we do not believe there is a fraud risk related to revenue recognition because the Charity has no profit motive and is not required by any regulatory body to achieve any specific financial targets. In addition, the majority of income is received in the form of legacies or investment returns informed by a third party, so the opportunity to manipulate the revenue figure is limited.

We did not identify any additional fraud risks.

In determining the audit procedures, we took into account the results of our evaluation and testing of the operating effectiveness of some of the Charity-wide fraud risk management controls.

We also performed procedures including:

Identifying and responding to risks of material misstatement due to non-compliance with laws and regulations

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience, and through discussion with management (as required by auditing standards) and discussed with management the policies and procedures regarding compliance with laws and regulations.

As the Charity is regulated, our assessment of risks involved gaining an understanding of the control environment including the entity's procedures for complying with regulatory requirements.

We communicated identified laws and regulations throughout our team and remained alert to any indications of noncompliance throughout the audit.

The potential effect of these laws and regulations on the financial statements varies considerably.

Firstly, the Charity is subject to laws and regulations that directly affect the financial statements including financial reporting legislation. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.

Whilst the Charity is subject to many other laws and regulations, we did not identify any others where the consequences of non-compliance alone could have a material effect on amounts or disclosures in the financial statements.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 7

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Independent auditor’s report to the Trustee of South East Coast Ambulance Service NHS Foundation Trust Charitable Fund (cont)

Context of the ability of the audit to detect fraud or breaches of law or regulation

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it.

In addition, as with any audit, there remained a higher risk of non-detection of fraud, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. Our audit procedures are designed to detect material misstatement. We are not responsible for preventing non-compliance or fraud and cannot be expected to detect non-compliance with all laws and regulations.

Other information

The trustees are responsible for the other information, which comprises the Trustees’ Annual Review. Our opinion on the financial statements does not cover the other information and, accordingly, we do not express an audit opinion or, except as explicitly stated below, any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether, based on our financial statements audit work, the information therein is materially misstated or inconsistent with the financial statements or our audit knowledge. We are required to report to you if:

We have nothing to report in these respects.

Matters on which we are required to report by exception

Under the Charities Act 2011 we are required to report to you if, in our opinion:

We have nothing to report in these respects.

Trustee's responsibilities

As explained more fully in their statement set out on page 10, the trustees are responsible for: the preparation of financial statements which give a true and fair view; such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error; assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and using the going concern basis of accounting unless they either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 8

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Independent auditor’s report to the Trustee of South East Coast Ambulance Service NHS Foundation Trust Charitable Fund (cont)

Auditor’s responsibilities

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue our opinion in an auditor’s report. Reasonable assurance is a high level of assurance, but does not guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.

A fuller description of our responsibilities is provided on the FRC's website at www.frc.org.uk/auditorsresponsibilities.

The purpose of our audit work and to whom we owe our responsibilities

This report is made solely to the charity’s trustees as a body, in accordance with section 149 the Charities Act 2011 (or its predecessors) and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Fleur Nieboer

for and on behalf of KPMG LLP, Statutory Auditor

Chartered Accountants 15 Canada Square Canary Wharf London E14 5GL 31st January 2022

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 9

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Statement of Trustee's responsibilities in respect of the Trustee's annual report and the financial statements

Under charity law, the Trustees are responsible for preparing the Trustees' annual report and accounts for each financial year which show a true and fair view of the state of affairs of the charity and of the excess of expenditure over income for that period.

In preparing these financial statements, generally accepted accounting practice entails that the trustee:

The trustees are required to act in accordance with the trust deed and the rules of the charity, within the framework of trust law. They are responsible for keeping accounting records which are sufficient to show and explain the charity’s transactions and disclose at any time, with reasonable accuracy, the financial position of the charity at that time, and to enable the trustees to ensure that, where any statements of accounts are prepared by them under section 132(1) of the Charities Act 2011, those statements of accounts comply with the requirements of regulations under that provision. The Trustees have general responsibility for taking such steps as are reasonably open to the Trustees to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.

Signed on behalf of the Trustees:

David Astley Chairman of South East Coast Ambulance Service NHS Foundation Trust

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 10

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Statement of Financial Activities for the year ended 31 March 2021

2020/21 2019/20
Note Unrestricted Restricted Total Total
Funds Funds Funds Funds
£'000 £'000 £'000 £'000
Incoming Resources
Donations & Legacies
Donations 2 204 0 204 16
Legacies 2 0 0 0 0
____ ____ ____ ____
Total Donations and Legacies 204 0 204 16
Investment income 5 0 1 1 1
Interest Income 0 0 0 0
____ ____ ____ ____
Total incoming resources 204 1 205 17
Resources expended
Activities in furtherance of charity’s
objectives 3 (151) 0 (151) (16)
Management and administration 3 (7) (1) (8) (8)
Governance (4) (1) (5) (3)
____ ____ ____ ____
Total resources expended 3 (162) (2) (164) (27)
Other recognised gains / losses
Gains and (losses) on fixed assets 1.5 & 11 & 4 0 1 1 4
____ ____ ____ ____
Net movement in funds Surplus / (Deficit) 4 42 0 42 (6)
Fund balances brought forward at
01-Apr-20 4 112 146 258 264
Fund balances carried forward at ____ ____ ____ ____
31-Mar-21 4 154 146 300 258

The notes at pages 13 to 18 form part of these financial statements.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 11

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Balance Sheet as at 31 March 2021 31/03/2021 31/03/2020
Note Unrestricted Restricted Total Total
Funds Funds Funds Funds
£'000 £'000 £'000 £'000
Fixed assets
Investment 1.5 & 11 0 27 27 27
Current assets
Debtors: Amounts falling due within one 6 20 0 20 0
year
Short Term investments and deposits 236 134 370 245
____ ____ ____ ____
Total current assets 256 134 390 245
Total assets 256 161 417 272
Current liabilities
Creditors: Amounts due within one year 8 (102) (15) (117) (14)
____ ____ ____ ____
Net current assets 154 119 273 231
Total assets less current liabilities 154 146 300 258
Funds of the Charity
Income Funds:
Restricted 4 & 7.1 0 146 146 146
Unrestricted 4 154 0 154 112
____ ____ ____ ____
Total Funds 154 146 300 258

The notes at pages 13 to 18 form part of this account.

David Astley Chairman of South East Coast Ambulance Service NHS Foundation Trust

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 12

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

Notes to the Financial Statements

1. Accounting Policies

1.1 Accounting Conventions

The financial statements have been prepared under the historic cost convention, as modified for the revaluation of certain investments, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2016.

1.2 Incoming Resources

a) All incoming resources are included in full in the Statement of Financial Activities as soon as the following three factors can be met:

i) entitlement – arises when a particular resource is receivable or the charity’s right becomes legally enforceable;

ii) certainty – when there is reasonable certainty that the incoming resource will be received; and iii) measurement – when the monetary value of the incoming resource is known.

b) Gifts in kind

i) Assets given for distribution by the fund are included in the Statement of Financial Activities only when distributed.

ii) Assets given for use by the fund (e.g. property for its own occupation) are included in the Statement of Financial Activities as incoming resources when receivable, and

iii) Gifts made in kind but on trust for conversion into cash and subsequent application by the fund are included in the accounting period in which the gift is sold.

In all cases the amount at which gifts in kind are brought into account is either a reasonable estimate of their value to the funds or the amount actually realised. There were no gifts in kind in 2019-20.

c) Legacies

Legacies are accounted for as incoming resources once the receipt of the legacy becomes reasonably certain. This will be once confirmation has been received from the representatives of the estates that payment of the legacy will be made or property transferred and once all conditions attached to the legacy have been fulfilled.

d) Funds Transfer

There has been no transfer of funds from or to other charities during the year.

1.3 Resources expended

The financial statements are prepared in accordance with the accruals concept. All expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. The majority of any accruals and provisions will be from commitments the Charitable Fund Committee have approved and will primarily be with the South East Coast Ambulance Trust. Fees to the external auditors will be recorded at the agreed fee approved by the Trustee.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 13

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

1.3.1 Management and administrative costs

These are accounted for on an accruals basis and are recharges of appropriate proportions of the management and independent external examination costs from South East Coast Ambulance Service NHS Foundation Trust.

1.3.2 Governance costs

These are accounted for on an accruals basis and are the costs of the independent external examination.

1.4 Structure of funds

Where there is a legal restriction on the purpose to which a fund may be put, the fund is classified in the accounts as a restricted fund.

Funds where capital is held to generate income for charitable purposes and cannot itself be spent are accounted for as endowment funds. No endowment funds are currently held by this Fund.

Other funds are classified as unrestricted funds.

1.5 Change in the Basis of Accounting

Due to the Trustee's intention not to sell the shares held in Haven Housing Ltd the shares have been categorised as fixed assets instead of current assets.

Due to the nature of the shares and the restriction in the market place it is only right and proper to base the value on dividend yield rather than the underlying net value of the company.

1.6 Key Accounting Estimates

The investment in Haven Housing Ltd is treated as a Key Accounting Estimates in the accounts. As the shares are unquoted, management are required to make certain assumptions regarding dividend yield when valuing these shares. These assumptions can affect the carrying value of the shares.

1.7 Going Concern

The financial statements have been prepared on a going concern basis which the Trustee consider to be appropriate for the following reasons.

The business model of the charity is such that its charitable activities are limited to those which it has sufficient funds to support from the excess of funding received over the costs of administering the charity. The charity therefore has no specific commitments and no committed costs beyond its fixed costs of operation which are detailed in note 3.

The Trustee has reviewed the cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements which indicate that the charity will have sufficient funds to meet its liabilities as they fall due for that period. The Trustee has also considered the implications of COVID-19 on these cash flow forecasts and consider that as a result of its operating model explained above, even if no further funding is received in the 12 month period, the charity has sufficient cash reserves to pay all committed costs.

Consequently, the Trustee is confident that the charity will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements.

1.8 Public Benefit Entity

The Charity constitutes a public benefit entity as defined by FRS 102.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 14

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

2. Material incoming resources

Unrestricted Restricted Total 2020/21 Total 2019/20 Restricted Total 2020/21 Total 2019/20 Restricted Total 2020/21 Total 2019/20
Funds Funds Funds Funds
£'000 £'000 £'000 £'000
Contributions to Community Defibrillation
projects		 0 0 0 2
Legacies 0 0 0 0
Other Donations 204 0 204 14
204 0 204 16

Of the other donations received £160k of funds were received from NHS Charities Together for staff wellbeing and other support projects

3. Details of resources expended

Unrestricted Restricted Total 2020/21 Total 2019/20 Restricted Total 2020/21 Total 2019/20 Restricted Total 2020/21 Total 2019/20
Funds Funds Funds Funds
£'000 £'000 £'000 £'000
Patients’ welfare and amenities 0 0 0 1
Staff welfare and amenities 151 0 151 15
151 0 151 16
Management administration costs 7 1 8 8
Governance Costs 4 1 5 3
____ ____ ___ ___
Total Resources Expended 162 2 164 27

Analysis of total resources expended

Costs of
Activities for Management
Charitable Administration
Objectives and other Governance Total 2020/21 Total 2019/20
£'000 £'000 £'000 £'000 £'000
Bought-in services from NHS 0 8 0 8 8
Other 151 0 5 156 19
___ ___ ___ __ __
Total Resources Expended 151 8 5 164 27

The amount of support costs paid to South East Coast Ambulance Service NHS Foundation Trust (£8k) in 2020/21, (£8k in 2019/20) included £5k associated with the cost of grant making activities (£5k for 2019/20).

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 15

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

4. Changes in resources available for charity use

Unrestricted Restricted Total 2020/21 Total 2019/20 Restricted Total 2020/21 Total 2019/20 Restricted Total 2020/21 Total 2019/20
Funds Funds Funds Funds
£'000 £'000 £'000 £'000
Opening Balance 112 146 258 264
Income 204 1 205 17
Expenditure (162) (2) (164) (27)
Other recognised gains and losses 0 1 1 4
Net movement in funds for the year 42 0 42 (6)
Closing Balance 154 146 300 258

5. Analysis of gross income from investments

Held in UK Held outside
**UK **		 **Total 2020/21 ** Total 2019/20
£'000 £'000 £'000 £'000
Haven Housing Ltd: 5,000 £1 B class
shares		 27 0 27 27
Investment in Bank Deposit Accounts 370 0 370 245
Gross income from investments 1 0 1 1
6. Analysis of Debtors 31 March
31 March
2021 2020
£'000 £'000
Amounts falling due within one year 20 0
___ ___
Total debtors 20 0
7.1 Restricted Funds
Balance 31 Transfer to
other funds		 Incoming Resources Balance 31
Mar-20 Resources Expended Mar-21
£'000 £'000 £'000 £'000 £'000
Sussex Community Defibrillation 52 0 0 0 52
Folkestone 32 0 2 0 34
Medway 1 0 0 0 1
Thanet 8 0 0 (2) 6
Kent Community Responders 53 0 0 0 53
Total 146 0 2 (2) 146

The Folkestone fund held shares currently valued at £27,131. All other funds’ assets were cash on deposit. Creditors of £117k (2019/20 £14k) are allocated pro rata to the year end fund balances where not specifically allocated.

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

Page 16

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

7.2 Details of material restricted funds Description of the nature and purpose of each Name of Fund

Kent & Sussex Community Defibrillation[To provide defibrillators training & associated equipment at various locations ]

within the Kent and Sussex communities

For the benefit of Ambulance Stations and their staff at the various locations

Folkestone, Herne Bay & Medway

Funds have come into being over time in response to requests or donations received. In all cases restrictions are as set by the location or function described in the title of the fund.

Funds have sufficient resources held in appropriate form to enable each fund to be applied in accordance with any restrictions.

8. Analysis of Creditors

31 March 31 March
2021 2020
£'000 £'000
Amounts falling due within one year
Amounts due to other related parties 112 11
Trade creditors 5 3
____ ____
Total 117 14

In addition to the total creditors, at the end of 2020/21 the charity had approved requests totalling £nil (2019/20: £nil). At the start of the year, intentions to spend brought forward were £nil.

9. Connected organisations

9. Connected organisations
2020/21 2019/20
Turnover for
Name, nature of connection description of activities Turnover for Profit for the the Profit for the
undertaken the connected connected connected connected
organisation organisation organisation organisation
£'000 £'000 £'000 £'000
South East Coast Ambulance Service NHS Foundation
Trust is the Trustee for these Trust Funds 298,766 (5,574) 252,397 274

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG. Page 17

SOUTH EAST COAST AMBULANCE SERVICE NHS FOUNDATION TRUST CHARITABLE FUND Annual Report and Financial Statements for the year ended 31st March 2021

10. Related party transactions

During the year, none of the Directors of South East Coast Ambulance Service NHS Foundation Trust or members of the key management staff or parties related to them has undertaken any material transactions with the South East Coast Ambulance Service NHS Foundation Trust Charitable Fund.

The Charitable Fund has made revenue payments to the South East Coast Ambulance Service NHS Foundation Trust. The Directors (whose names are listed on page 3) are also responsible for managing the charitable funds.

2020/21 2019/20
£60,793 £24,116

The payments shown above include for 2020-21 £60,793 (2019/20 £24,116) to reimburse South East Coast Ambulance Service NHS Foundation Trust for items paid on behalf of the charity in addition to the £8,000 (2019/20 £8,000) accrued administration charge detailed in note 3 ‘Analysis of total resources expended.’

The Charitable Fund has creditors 2020/21 £112,388 (2019/20 £11,192) to the South East Coast Ambulance Service NHS Foundation Trust for items paid on behalf of the Charity.

11. Analysis of Movement of Investments

11. Analysis of Movement of Investments
31 March 31 March
2021 2020
£ £
Carrying value(market value) at beginning of the year 26,560 26,103
Add: additions to investment at cost 0 0
Less: disposals at carrying value 0 0
Add: net gain (loss) on revaluation 571 457
Carrying value(market value) at end of the year 27,131 26,560

South East Coast Ambulance Service NHS Foundation Trust Charitable Fund

Registered Charity No. 1059933

Ambulance Headquarters: Nexus House, 4 Gatwick Road, Crawley, West Sussex, RH10 9BG.

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