2022-03-31-accounts - Trauma Care

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REGISTERED CHARITY NUMBER : 1078780

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

TRAUMA CARE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

	Page
Report of the Trustees	3 to 6
Independent Examiner's Report	7
Statement of Financial Activities	8
Balance Sheet	9
Notes to the Financial Statements	10 to 16

TRAUMA CARE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. 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).

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1078780

Principal address

Office 9, Brockhall Conference Centre Brockhall Village Old Langho Lancashire BB6 8AY

Trustees

Professor Sir KM Porter Dr I Maconochie Professor I Greaves

Independent Examiner

Kelly Philpotts ACMA, FMAAT KellyATC Ltd 20 Blackmore Road Malvern WR14 1QT

Banker

Bank of Scotland Royal Mile 300 Lawnmarket Edinburgh EH1 2PH

TRAUMA CARE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objectives and aims can be summarised as follows.

To advance the study and practice of trauma care.
To provide treatment, care and assistance to all those who require medical treatment.
To carry out research into all areas of trauma healthcare and traditional medical systems and remedies throughout the world and to disseminate the useful results of that research.

Ensuring our work delivers our aims

We review our aims, objectives, and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us to ensure that our aims, objectives and activities remain focused on our stated purposes.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

The focus of our work

The focus of Trauma Care continues to be the aim of improving the outcomes of trauma victims by establishing best practice throughout the whole chain of care through education, research and publishing.

Grantmaking

The charity's grantmaking policy is to make grants in which the trustees will be assured that any grant made by charity contributes towards improving the outcomes of trauma victims.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

How our activities deliver public benefit

In setting our objectives and planning our activities the trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Our main activities and who we try to help are described below.

All of our charitable activities focus on our ability to help to improve the outcomes of trauma victims by establishing best practice throughout the whole chain of care through education, research and publishing.

Key achievements and successes during the period include the following.

TRAUMA CARE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENT AND PERFORMANCE - continued

Membership

During the year ended 31 March 2022 the charity continued to offer membership to all medical disciplines and to members of the emergency services.

All members continued to receive a copy of the quarterly journal, "Trauma Care", and new members continued to receive a copy of the Trauma Care manual which defines clear practical guidelines reflecting British clinical practice.

Annual conference

During the year ended 31 March 2022 the charity's subsidiary undertaking, Trauma Care Management Limited, continued to organise virtual events to promote best practice in the care of people who have been subjected to traumatic injury.

FINANCIAL REVIEW

Reserves policy

The trustees have established a reserves policy whereby unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of unrestricted expenditure.

The unrestricted General fund balance as at 31 March 2022 amounted to £157,743 (2021: £141,018).

Financial Review

The Statement of Financial Activities for the year ended 31 March 2022 shows incoming resources totaling £156,231 (2021: £46,615) and resources expended totaling £139,506 (2021: £31,542), resulting in net incoming resources totaling £16,725 (2021: £15,073).

As a result, the charity's net assets have increased from £141,018 as at 31 March 2022 to £157,743 as at 31 March 2022.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Trauma Care is an unincorporated charity and was registered as a charity on 4 January 2000 (registered charity number 1078780). Trauma Care is governed by a declaration of trust dated 6 October 1999.

Recruitment and appointment of new trustees

The first trustees are re-appointed every three years. New trustees are appointed for terms of either one or three years and are selected on the basis that they are able to, by virtue of their personal or professional qualifications, make a contribution to the pursuit of the objectives or the management of the charity.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in the notes to the financial statements.

TRAUMA CARE

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT - continued

Organisational structure

The trustees who have served during the period are disclosed below under Reference and Administrative details. All matters of policy, management and any other items as circumstances require are determined by the trustees.

Induction and training of new trustees

As part of their induction programme new trustees are made aware of their responsibilities as trustees of Trauma Care.

This induction includes an introduction to the objectives, scope and policies of the charity and information on trustee responsibilities, together with a copy of the charity's governing document.

Approved by order of the board of trustees on 20 December 2022 and signed on its behalf by:

Professor Sir K M Porter - Trustee

TRAUMA CARE

Independent Examiner's Report to the Trustees of Trauma Care

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st] March 2022 set out on pages 8 to 16

Responsibilities and basis or report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Kelly Philpotts ACMA, FMAAT

KellyATC Ltd 20 Blackmore Road Malvern WR14 1QT

20 December 2022

TRAUMA CARE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Notes INCOME AND ENDOWMENTS FROM Donation and legacies Charitable activities Membership subscriptions 4 Other trading activities 3 Total EXPENDITURE ON Raising funds Charitable activities 5 Total Expenditure NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	2022 Unrestricted Funds £ 17,613 132,531 6,087 156,231 4,240 135,266 139,506 16,725 141,018 157,743	2021 Total Funds £ 2,393 44,020 202
		46,615 618 30,924
		31,542
		15,073 125,945
		141,018

The notes form part of these financial statements

TRAUMA CARE

BALANCE SHEET 31 MARCH 2022

Notes FIXED ASSETS Investments 10 Intangible Assets 8 CURRENT ASSETS Debtors 11 Cash at bank CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 13 Unrestricted funds TOTAL FUNDS	2022 Unrestricted Funds £ 1 14,688 14,689 182,154 6,442 188,596 (45,542) 143,054 157,743 157,743 157,743 157,743	2021 Total Funds £ 1 -
		1 77,840 65,517
		143,357 (2,340)
		141,017
		141,018
		141,018
		141,018
		141,018

The financial statements were approved by the Board of Trustees and authorised for issue on 20[th] December 2022 and were signed on its behalf by:

Sir K M Porter

Trustee

The notes form part of these financial statements

TRAUMA CARE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements of the charity, which is a public benefit entity under FRS102, 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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial accounts 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 al 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.

INTANGIBLE FIXED ASSETS

Computer software is amortised evenly over a period of 3 years. Patents are amortised over 10 years.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

TAXATION

The charity is exempt from tax on its charitable activities. Subsidiary companies pay any taxable profits to the charity each year under Gift Aid.

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 and such funds arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

INVESTMENTS

Fixed asset investments are stated at cost as at the balance sheet date.

Any profits or losses arising from the disposal of fixed asset investments are recognised as part of the result from ordinary activities.

TRAUMA CARE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES - continued

EXEMPTION FROM CONSOLIDATION

INVESTMENTS

Consolidated accounts have not been prepared as the group qualifies as a small group under the Charities Act 2011.

GOING CONCERN

At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts.

2. STATEMENT OF FINANCIAL ACTIVITIES – PRIOR YEAR

Notes INCOME AND ENDOWMENTS FROM Donation and legacies Charitable activities 4 Membership subscriptions Other trading activities 3 Total EXPENDITURE ON Raising funds Charitable activities 5 Direct costs Support costs Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	2021 Unrestricted Funds £ 2,393 44,020 202 46,615 618 - 30,924 31,542 15,073 125,945 141,018	2020 Total Funds £ 12,500 50,196 3,119
		65,815 1,980 16,144 25,275
		43,399
		22,416 103,529
		125,945

TRAUMA CARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

3. OTHER TRADING ACTIVITIES Fundraising events 4. INCOME FROM CHARITABLE ACTIVITIES Subscriptions Activity Membership subscriptions 5. CHARITABLE ACTIVITIES COSTS Direct Costs Manuals Support Costs IT management support costs Sundry expenses Independent examiners fee Total Support costs Total Charitable Activities Costs		2022 £ 6,087 2022 £ 132,531 Total 2022 £ 86,719 40,034 7,513 1,000 48,547 135,266	2021 £ 202
			2021 £ 44,020
			Total 2021 £ 3,629 24,697 198 2,400
			27,295
			30,924

Support costs are those costs that have been incurred by the charity in order to further the continued development of the charity's fundraising and charitable activities.

6. TRUSTEES’ REMUNERATION AND BENEFIT

There were no trustees’ remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

There were no trustees expenses paid to them during the year ended 31 March 2022 nor for the year ended 31 March 2021.

TRAUMA CARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

7. STAFF COSTS

There are no employees employed by the charity (2021: nil).

There are no employees whose employee benefits of more than £60,000 (2021: nil).

The value of services provided by volunteers is not incorporated into these financial statements.

8. INTANGIBLE FIXED ASSETS

COST As at 1 April 2021 Additions Disposals As at 31 March 2022 AMORTISATION As at 1 April 2021 Charge for the year As at 31 March 2022 NET BOOK VALUE As at 31 March 2022 As at 31 March 2021 9. TANGIBLE FIXED ASSETS COST At 1 April 2021 and 31 March 2022 AMORTISATION At 1 April 2021 and 31 March 2022 NET BOOK VALUE As at 31 March 2022 and 31 March 2022	Computer software £ 29,441 - - 29,441 29,441 - 29,441 - -	Patents - 16,320 - 16,320 - 1,632 1,632 14,688 -		Total £ 29,441 16,320 -
				45,761 29,441 1,632
				31,073
				14,688
				- Computer software £ 696
				696
				-

TRAUMA CARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

10. FIXED ASSET INVESTMENTS

COST At 1 April 2021 and 31 March 2022 NET BOOK VALUE As at 31 March 2022 NET BOOK VALUE As at 31 March 2021	Shares in group undertakings £ 1
	1
	1

The charity’s investments as at the balance sheet date in the share capital of Trauma Care Management Limited, a wholly owned subsidiary company of the charity which is registered in England (company registered number 0366782).

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Amount due from subsidiary undertaking Prepayments REDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses	2022 £ 182,154 - 182,154 2022 £ 4,540	2021 £ 73,620 4,220
		77,840
		2021 £ 2,340

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

TRAUMA CARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

13. MOVEMENT IN FUNDS

Unrestricted funds General fund TOTAL FUNDS MOVEMENT IN FUNDS – Prior year Unrestricted funds General fund TOTAL FUNDS	At 1.4.21 £ 141,018 141,018 At 1.4.20 £ 125,945 125,945	Incoming Resources £ 156,231 156,231 Incoming Resources £ 46,615 46,615		Resources expended £ (139,506) (139,506) Resources expended £ (31,542) (31,542)		At 31.3.22 £ 157,743
						157,743
						At 31.3.21 £ 141,018
						141,018

Unrestricted - General fund

This fund represents the free funds of the charity that are not designated for particular purposes.

TRAUMA CARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022

14. RELATED PARTY DISCLOSURES

Trauma Care Management Limited

During the year ended 31 March 2022 the following transactions occurred between Trauma Care and Trauma Care Management Limited, a wholly owned subsidiary company of the charity which is registered in England (company registered number 0366782).

Conference costs

During the year ended 31 March 2022 Trauma Care paid £29,911 in conference expenses (2021: Nil) on behalf of Trauma Care Management Limited

Membership fees

During the year Trauma Care Management Limited collected net membership fees and donations to the value of £78,621 (2021: Nil) on behalf of Trauma Care.

Amount due from subsidiary undertaking

Included with debtors falling due within one year as at 31 March 2022 is an amount totalling £182,154 (2021: £73,620) due from Trauma Care Management Limited to Trauma Care.

15. ULTIMATE CONTROLLING PARTY

The charity is controlled by the trustees as listed in the Report of the Trustees.