Reglstgred numb8r: 04680981 Charity numbgr: 1098364 UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmlted by Guarantee) GROUP TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Umlt•d by Guar*nt••) CONTENTS Pag8 1-22 Trustees. Report Independent Audltors. R•port on the Flnanclal Statements Consolidatod SLitement of Flnan¢lo1 A¢tlvities 23-27 28 Consolldatsd Balance Sheet 29-30 Charitablo ¢ompany Balance Sheet Ccnsolldated Statom•nl of Cash Flows 33 Notes to the Financlal Slatements 34-59
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Limltod by Guarant••) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present Ihelr annual report lopther the audlted financl81 statements of the charitable company for the 1 April 2023 to 31 March 2024. The Annual Report serves the purposes of both a Trustees, report and a directors. report undèr Company law. The Trustees confirm that the Annual Report and financial ststemonts of the charitable company comply wlh the current slalutQry fgguirem¢nts, the requirements of the charitabl& companls governing document and the provisions of the Slalement of Recommended Practtce ISORPI applicable to ChaeS preparing their accounts in accordan wrth the Financial Reporting Standard appllcable In the UK and Republlc of Ireland IFRS1021 (effectwe 1 January20191. Since the group and the Charitab company qualrfy as small under section 383 of the Compani8s Act 26. 1 Group Stratogi¢ Report required of medium and larg8 companies undar the Compani&s kl 2006 (Strategic Report and Directors, Report) Regulations 2013 has be8n omitt8d. Lincolnshire Integratèd Voluntary Emergency Service ILIVESI is the charity that delivers 8n emergency response to thè people of Lincolnshwe when they are suffering a 999 medical emergency. The geography and inrastruclur8 of the greater Lincolnshir8 ar8a cr8at8s challenges for davering a limety and Skilled response to medical emergenaes that reduces suffering and saves lives. LIVES exists to help address these challenges. Wo bring p8opl8. skills. oquipment and knoedge to people suffering a medical emergency in Lincolnshire. they ill or suffering traumati¢ injuries. LIVES exists bgcause our county is rural, our infrastrudure is sparse, and yel our peopl6 suffer the same medical and Iraumali¢ 8merg8ncigs overy day as Ihose living in citl8s or urban 8reas. We believe that no onè in our county should suff8r poor8r outcorn8s from a medul 8m8rg8ncy lusl because they ve or work far from the heafthcare facilities they need. Last yoar. LIVES, emergency responders dedicated more than 54.300 hours lo supporting their Lin¢oln5hire mmunities and attended 4,052 medical emergencies. For morg than 86.7°kn of the jobs wo attend our Community First Responders arrivod before the ambulance. Our Communtty EMernCY Medicine and Falls le8m$ atterKled 4.696 patients. LIVES educators taught lrfesaving skills to 3,784 people across a ffide range of ry)mmunty and business settings. The service is provided free at th8 point of need. to anyone in Lincolnshiro, resident or visitor, based on clinical need. ObJ•ctlves and a¢tlvltl•s a. Pollcl•s and objethes Charities are required to demonstrate how they provKle a b&nefil to the public. LIVES delivers benefit lo the public in the Telief of injury or illnéss by facilitating and deliveriro rapid response and Ireatsnent of those suffering a medical emergency or traumalic injury. This benefit is available lo any member of the public in Lin¢olnshirg and ar8as nearby whether they are residents or visitors, and access lo the seiCe is basetl solety on patient need. The Trustees have complied wrth thelr duly In accorflanc6 with the Chartues Act and the Charity Ccnmission's guidanco on publc benefit in exercising Ihgir powers and duties lo consider it in all aspocls of the company's activities. Page 1
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmllod by Guarantee) TRUSTees' REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 ObJgctiv•s and actlvltles {continuedl b. Vl$lon, mission and ¢harltable alms Our vlslon is that rKJ person should suffer unnecessarlly as a resutt of their illness. Injury or thelr rural location. Our mission is lo provid8 equality and excallence of car8 to any person who sufiers an em8rg6ncy medl(81 problem or injury vllhin Lincolnshire. Our thaiitable aim5, a5 sel out in our MemoTandum of Associatw ar8 10.. Provide immédlate medical care to any person injured in any accident or involved in any medital emergènty in the area of Lincolnshire, North Lincolnshire, North East Linttslnshire or any area reasonably close thereto Advance the prlnclples of Pre-Hospitsl Emergency Care on a national basis.. prgvidirbg advice and guidance in all aspects of Such care,. including defivery of tralning and provision of approved emergency equipment when required to do so Obtaln. CO1Ct and receive money and fvnds that arise from natlonal furtherance of LIVES objects c. Valu•s Inlegrlty- Our strength comes from working together and upholding shared values. We do the right thing. even when it's difficuf(. Communlty - This is where we're Irc, we're in thls together. We're ajl uniteil around a common purpose; to support Ihe communhks Sn whlch we all live. Excellen¢9 We strive lo be the best we can in everylhlng we do and to give all of our people an equal opportunity to grow and flourish. Page 2
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE {A Company Llmtted by Guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 ObJe¢tlv¢s and actlvltlu l¢ontinuedl d. Strategic overview- It takes a team to save a Ilfe If an indwidual SLrfters a Med41 emergenGy in our county, we should be equyped to protsct Ihelr safety and maximise tK)sthe medical out¢omes. Whatev8r it takos. It's the basls up)n bthich LIVES was bull In the past and It will always infomi our plans for th8 fthure. When location or geography makes il more drfficult to access emergancy healthcare. we wlll be there to deliver pre-hospital gmgrggncy m9dicin¢ excellenc&, wherever it's needed. Our current strategy was developed in 2020 Wbth fNe prritY aroas are: 1. Understand our impact We know we make a differen bLrt measuring that is sometimes diffKull. We will improve our data collection and a(lopl new measures to demonstrate the difference we mokg. We will wod( with research partners lo build an evidence base for the eff$¢tiveness of our em&rgen¢y response activity. W8 wll usa this information lo continuously improve the quality of care that we deliver lo poople in our ¢ommunities. 2. Grow ouv pr•sen¢e W8 want èvery community in Lincolnshlre to have acc8ss to our amergency response. Wo will increasè the number of LIVES responders operalion across Lin¢olnshire, with tsrgeted recruitment in areas where there is less coverage. We will invest In the $klll$ of these responders so they can meet th8 needs of Ih&ir communty. And we 11 IdenUfy opportunrties to use our skills in different ways to support people in mlea1 ne8d. 3. Focus on quality We slrive lo excel al everything that we do. Our work 1$ always ba$9d on evidence and wo focus on delivering quality Service and care- in our cliniGal aclivily, our training and the knOedge that we provide. We inspire and encourage all our people to be the best that they can be, al their chosen level. 4. Su$taln our growth financlally We will develop and consolidate income streams Ihal support the charity lo deliver our aims. We will ensure that we have adequate reseNes lo weather unprgdictablg circumstancos. And we will be transparent wilh our supporters. cu5torners and funders, so Ihtsy are clear on how spend the funds that they trust us wlh. 5. Aehl•v• th• hlghèst lèvels of govemance excellence t)oing the rfght thlng is important to us, even when that Is dlfflcult. We 11 malntaln mbust and structured processes. in both clinical and charity governance. We will ensure thai we are compliant vrilh all regulatory Tequiremenls and that Wg are a model of bo$1 practico, in both leading volunteers aThJ d8liv8ring prehospTtal emergency rned1ne. LIVES is undertaking a strategic review in 2024 ahead of launching a new fivè year strategy in 2025 that will guide the chariiy through the remainder of the decade. The environment in which we Oprate in changirFg with the Introducon of NHS int8grated care boards and a changing health and re syEtem. The review will identify Ihe opportunities which LIVES will tske lo make a differencg to the peopl8 of Lincolnshira through emergency response and through lif&saving education. Ultimatoly our focus remains on saving lives. Page 3
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmlted by Guarants•) TrUSTEES' REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Achievements and rforM4n¢e a. Achievements of the charltable group Durlng 2023124 we have d81ivered lilesaving and life-enhanciro c8re to patients and communities across Lincolnshire. We are pleased to share these 8chi8vem8nls with you. Voluntary R•$pon LIVES Responders are ordlnary pecfsle, doing extraordinary things. They often com6 to us lItt or no previous medical experienc8, just a wllingness to learn Ilfe4aving skills and give up some of their time to be there to respond lo calls for help in Iheir community. They're trained and equipped to deal wlh a range of ser)us and often lif&lhrealening medical incidents. This year LIVES Community First Responders made themsdves available to attend emergencies for morè than 54.300 hours and attended 4.025 jobs. This is a reduction on pr8vious years bLrt in no way detracts from the very valuable ¢onlNbution that evary LIVES Responder makes lo their communty- We value the lime that each volunteer contributes and support their dgcisions about how to best use this time. Ccnmunty First Responders focus on 'doing Ihe basics well, often belng the first to arrfve on scene and deliver lifesaving interventions untll more specialist resources arrlve. Durlng 2023124 Communty First Responders were first on scene at 86.7/D of all jobs they attended. This is an Increase on previous years although rt surprlslng because Responders typlcaly live and vrfork in Ihe mmunItYaS in which they respond. Recruitment of Communlty First R&sponders remains a key prSority with a positive reswnse to recrullment efforts. We have recruited 70 new volunteers this year and have created the capacity lo recruit a further 144 new CFRS each year for the next fwe years. A review of the operatnal and support structures that underpin the delivery of emergerKy response was C4)ncluded in 2023 and resulled in a restructuring aNI refu$ of these teams. The new structure is focused on providing a supportive, engaging 8xperience for all volunteers that ensures that they have the opportunity lo develop skills and are supported with the challenge$ of re$ponoJing lo amergencies. The same plan of controlled growth of our medic rgsponders saw the recrultmgnt of four new medics during 2023124. Medic respon¢Jers are healthcare prof05sionals who are Iypic81ty employed in th8 NHS or air ambulance roles and choose to volunteer for LIVES alongside this. W8 currently have 21 h8alth¢are profestsionals volunteering as Mad respoeT$, a le1 broadly akin to the skillset of an ambulance pwamedic. We dtfierenliate belween thg skillset of our volunteer medic spOnder$ and our crcal care responders who delNeT the very h¥hest levels of pre-hospital int6rventions. In 2023124 we have re¢ruited a further thre& responders to this team, all of who have devolopod their skills al LIVES and complatod the post%raduate certificate in prethospital Critical care. During the ygar this small but effective team were allocated to 353 jobs. They undertook 9 surgical procedures. 19 sed8tions and administered 2 pre-hospitsl emergency anaeslhetics. These numbers are reduced from the previous year due lo changes in the working arrangements with East Midlands Ambulance Servi¢e who dispatch LIVES responders lo patienls. FTOM January 2024 East Mldlands Ambulance Service required LIVES lo restrict the scope of practlce of LIVES criliGal care responders to that of a specialist paramedic as part of a contract review procgs$. This has meant that there ar8 some interventions that LIVES medics would usually deliver lo patients that W8 have been unable to deliver, and that some of our critical care r8spond8rs have chosen not to respond during this time. We continue to work vilh East Midlands Ambulance SeNi¢e to reinstate this capabllity. We a ahead of schedule wth th8 programme lo replac8 our estate of defibrillators and advanced Ilfe support monitL¥S with statepof-the-8rt unils manufactured by Zoll. The lotsl cost of this programme is £750,000 and is fvnded by grants and donations from communty groups for which we 8re immensely grateful. To date we have rollèd out 118 AEDS lo our Community First Responders and 14 advanced life support monitors to our Crttical Care Responders. The new defibrlalors have a number of advantages including providing coaching and Page 4
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmltod by Guarantsol TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievoments and performance Icontinuedl feedback to the individual carrying out CPR. and slandardising defibrillator consumables across the charity. therefo reducing the need to hold drfferent manufacturers supplies. Most importantly, all data relatiry lo an incident is captured and stored ele¢tronlcally vla WiFi and abie to be reviewed, auditod and provided to healthcare professionals lo guide future treatment for the patient. Communlty Emeryency Medicine Community emergency medicine is an emerging area of r&sponse and LIVES Is at th8 forefront of del6vering innovatNe Tesponse models that moot the ne6ds of LkKolnshlre. Unlike many of our other response teams, the CEMS Clinicians are not volunteers, thelre paid medical professionals, many of whom are senior in their fields of experlise which may be the emergency department, general pradice or ambulance service. They're empowered by LIVES to make a judgernent Gall as lo which call- outs they 8tlend. based on clinic81 need and the direct benefil lo both the patient and the health service as a whole. They have access to Ambulance SeNice and GP systems that allow them access lo information lo assgss the patient's need, and to make refeffals to other healthcaie profe5sional5. The CEMS team saw 2.365 patients wrth 72. avoiding A&E. either through staying at home or being referred for apprOate onwar(I care during this episode. CEMS particularty tsrgets complex patients who may be able lo be kept al home thiough advanced diagnostics and trèalmenls, however there wll always b8 a proportion of patients that require admission lo hospitsl. This team continues lo consolidate, with the recruitmerrt of 19 doctors and advan¢ed clinical practitioners lo the service this year. many of whom reside and work outside of Lincolnshire but choose to travel to work in this innovative service. These experienced clinicians are having a positive impact in the s8tvice. tM)th in increasing the nUmr of patien1$ Seen, and also in their enthusiasm for Innovation and new approaches to delwering care. The Falls Response Partnership attended 1,959 paltents this year. an increase of 9Q/o that can be aitributsd lo the extendod twilight hours worted by the service from October 2023. Of these patients 57% remained at home and did not attend A&E. This skilled team of spocialist falls responders work to a bespoke scope of practice Including the abilty to provide pain relief, take an ECG and specialist skills in the sale moving of people. Further developments of the service ar8 planned including ineaSing wound closure skills and Ihg ability lo refer lo addit1 referrai pathways. Edu¢atlon Education underpins all of thè activities that we undortake at LIVES including responding to emergencies and sharing our skills wkh other8 through our schools programmes arKI lder community educafjon. Commijnity First Responders undertake nallonally rec(KJnised qualifications and ongoing leaming and nefid to demonstrale that they have maintained their skills to be permitted lo respond to emergencies. This year LIVES delivered 875 hours of fomial l¢arning to LIVES responders. Responders also meet in dislri¢t groups on a monthly basis for training Covèring an ongoing programme of skills appropriate for their level of response. This face-lowface leaming is supplemented by the LIVES Academy online leaming plarform which delivers theoretical and supportive training modules. Responders undertook 1508 online leaming sessions via LIVES Academy last ygar. Although il was implemented during the parKlemic, online leaming has remained a wtal part of our education delivery. We are very grateful for t efforts that every LIVES volunteer makes lo their ongoing education and maintsining their clinical skills. LIVES Education The delivery of educatK)n and training lo a wide range of cknenls outside of LIVES is an important income stream for the ch8rity. In April 2022 LIVES Education Limlled was formed as a wholly ovmed tradlng subsldlary of the charlty. Page 5
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGEMCY SERVICE (A Company Llmllod by Guarantaa) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Achievements and perfom)anu l¢ontinu8dl LIVES Education provides first aid and pre-hospital emergency medicine training lo individuals, businesses and Induslry across Lincolnshire and beyond. Educatlon income 1$ an imp)rtant growth area for the charity and income has continued to grow. In 2023124 it has increased by 12.25% to £630.000 compared to the preVS year. We forec891 slwlficant grohrth in edueafjon income over the wming years. e deliver a brtsad range of heallh-relat8d qualificalions on bghaif of three awardlng bodles. We have delivered th& Qualsafa suite of pr&hospilal and flrst ald courses since 2016, and in 2019 added Menlal Heahh First England courses lo our capabilities. During 2020, we began delivering The ATACC Group range of high-fid81ity pre-hospilal courses lch are tsrgeled at higlFrlsk industries ond rescue teams including fire and rescue services. We are pleased lo have been granted 'dlrecl c18im' stslus by QNUK in recognition of the quality of our deliver and 8dminlstrali(x). In 2022 we became approved training centres for lh8 Drfficult Airways and Prehospital Trauma Life Support (PHTLS suile of courses. We have exclusive right to deliver the Difficult Airway suite of courses in the East Midlands, West Midlands and East of England. We anlicipale these will provide $ignrficant QPFQrtunili8s for growth in the ¢x)ming year. We have developed o suite of Clinical and Mentorfng CPD modules and are (Jelivering these tt> ambu18nco servlees. We 8re 8n approved supplier for Hèalth Education England IHEE). We have also improved our wèbsite 80 haallh care professionals can dSredy purchase CPD courses online. In Novembar 2023 we launched a LIVES Education website that specifically markets our Ir81nSng ¢ap8bilty. This is a signrficanl step forward wth the ability to book cours8s online. A focus for 2023124 wlll be driving the growth of our onlin& activities through online and ttadltional marketing campai9ns. In May 2023 we were reappoinied lo Ihe Mational Framework for the Provision of Pre-Hospital Emergency Medicine IPHEMI Training and Associated Services and Support to Blue Light Em&rgen¢y Sorvices. LIVES Educab'on is one of ClY five providers appointed lo the ftamework and the only provider able to deliver the full range of requirements of the framework. We a proud of our highly professional cohort of eLatOrS who deliver engaging, o)nfidence-building, conslslenlly high quality training to every leamer they encounter. Community Education and Engagement Every year there are around 30.000 out of hospilal Cardiac arrests across the UK. but sadly less than l in 10 people Su1Ve. For every minute defibrillation Is dglayed. the chance of survival falls by approxSmalely 10Yo. {Resuscilalion Council UK, 20151. A populallon wldely trained in CPR ha$ the potential lo doubl& survNal rat&s. EvSdence from other Gountsies suggests that providing training in CPR to members of the public has a significant impact and improves paliant outcomes for those who sufler a cardia¢ arrest. In 2024 we have developed a new community strategy that is focused on teaching life-saving sklils to communities across Lincolnshire. This includgs bystander CPR. 'slop the eed,. and how lo open an airway. These three interventpjns have the wtentlal lo save lives. W& have Conlinued to offer the opportunity of bystandtr CPR Sessi( lo every school in Lincolnshlre and dellvered training across both primary and secondary schools. We have plans lo develop our Schools programme further over the xI hvo years and are working on a partnership with Bishop Grossetest9 Univèrsty to develop a series of interyentions that are approprlat8 for 8vèry chlld and young person al each key $lag8. Thls d9V8lopmenl in suL¥ecl lo funding. We also know that 18aming doesn't finish when you leave school. We continue to work COTnmunty groups. sports clubs. faith groups and other organisations, as well as at community events to give every person who lives in Lincdnshire the opportunity to learn lrfesaving skills. An evaluation of eat1ieT programmgs found that 85Y• of Page 6
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmltod by Guarant••l TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Achlevements and perf0mlan {conllnued) those who look part in a community training session reported that thelr confidence In perfonning CPR had improved following the training. Furthermore, 8 /0 reported that they had actively used their CPR training. ellhei In a mgdical emerg?Y or to show others what do to. Fundral$ing Community fundraising has continued lo be an Important part of our fundralslng efforts gen our intrinsic connection th the people who we serve. However we are aware that we are also suffering a cost of living crlsls which has affect the tlonations that SUpper$ fo61 able to mako lo the charity. Fundraising income has been challenglng thls year, wlth income reducgd fmm the previous ar. We have restructured our fundratsing team followng the recruitment of a new Head of Fundraising in January 2024. This has included recruiting an experienced fundraiser lo focus on individual giving and donor stewardship, and using the s9rV&S of consuhants in events and grants and trusts to bring expertise into the ch8rMy. We remain positive about the potential lo grow fundraising income in the Current and future years as we embed our new structures and piocesses, and we react to the impact of technology on fundraising. Our fundraising volunteers are crucial to the delivery of our fundraising activkies and provlde support across a range of activities in the communty such as servlclng our collectlon boxe5, talking to kical schods and communlly groups Sn order to raise the profile of the charlty. and 8ttendSng local shows and events to support our stands. We 8re immensely grateful for their ongoing support and thankful for the contrlbutlon that thoy make. Our business partnerships are aL80 important to us. AS well as raising wtal funds, our business SUPKX)rtgrs raise our profile wlh their own employees but also offer us the opportunty to develop our networks to include their customers and partners loo. We extend r thanks lo all of the businesses that have supported our work, erther through fundralsing events, donations of tlme or goods, or through the purchase of serviGes from LIVES Education. Regular giving income has conlinued to be a small income stream and one that LS targeted for growth. We have launched a LIVES Lottery in 2023124 as an alternatwe to regular giving. We continue to see regular givlng as a fund8m8nlal income slr8am and are very grateful to those donors who see fil to give us a small donation on an ongoing basis. Grants and Trusts During 2023124 we have continued develop our grants and trusts programme although it was a challeNJing year with many funders focused on addressing the cost of living crlsls. We have idenlrfied grant funders who have an Interest in our work and ar8 8xtrem8ly gratelul lo thosa who havg supported our Gharity this year. Grant and tru51 income reduced to £75.809 a de¢ase of 31.6•A from 2022123. Our sincere thonks go lo the fc41¢)wing organtsalions for their generous support dng thls year. Asda Foundation 8urghley Family Trust Burton Upon Slalher Parish Council C(p Community Team Deeping St James Unitsd Char.e$ Dice Consulting East Lindsey District Councll Groundwork UK John Dawber Trust Lincolnshire Coryop Louth United Charities South Kesteven District Council Page 7
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE {A Company Llmlted by Guaranto01 TRUSTEES. REPORT (CONTINUED) FOR THE YEAR EMDED 31 MARCH 2024 A¢hlovem•nts and p•rfornian {¢onllnu•dl Tesco Communty Grant The Gilbert Lane Trust The Grac& Trust The Masonic Charitable FoundatKsn Tho Neighbourly Foundatlc Th8 Red Arrows Trust The Welland Charitable Trust Worth Waynfw Foundation Legacie5 We are immensety grateful lo thosè donors %tho have beèn generous enough to remember LIVES in thèir will and very thankful for the contribution that they make lo our ongoing charitable work. Historically legacies have fomied a vèry sm811 inwme stream for the charity. Alhough we have stsrted to soe some growih in this income stream in recent years il rewnains a relatively small and unpredictable contributor trj lolal income. Over the last three years we have begun lo piomole LIVES as a potential beneficiary of legacy donation5 including provi(ling infomiation on our website. This is a new ar8a for th@ charity and we understand it will bè many years before we se8 the bènefts of work done tod8y. Page 8
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmll•d by Guarantw) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achl•v•m•nts and p•rforniance (contlnu•d) b. Partners & stakoholdèrs Partrbership is key lo LIVES delivery of services lo the communrtlos that we serve. We have a number of partners in delivering both an emergency spOnSe and skills to our rA)mmunities. as well as in advancing the cause of pre-hospttal emefgency medicine n8fjonally. LIVES works n clos8 partnership with East Midlands Ambulance Service NHS Trust (EMAS) and Ihis partnership is key lo the deployment of LIVES responders to medical emergències across the county. LIVES rèsponds lo palienls al the invitation of EMAS and volunteers are deployed by a dedicated team of dispat¢hers thin the EMAS control room. CooperalKJn ba&&n EMAS crews and LIVES teams on the front line with patients is overwhelmingly positive and conlribules lo Improved exporience and outcomes for patients. LIVES and EMAS have agreed a new contract which govem5 the relationship between both parties. This has a five year term wlh the opts'on for further fwe-year extensions and so provides a secure fr8mewck for planning over the coming years. LIVES has worked in fomal partnership wllh Lincolnshire FSre and Rescue ILFRI since the start of the Community First Responder Scheme in 1999 bul has cooperated at the scene of inciden15 since our inception in 1970. LFR volunteer fir8 fighlers are trained as co-responders and attend mèdical emergencles In their communities undor the training and clinical g)vernance stNcture provided by LIVES. These CA)knresponders make a slgnlficant contribution both to the charity and to thelr communities and we thank them for thelr dedication and commitment. sin 2021 LIVES has delivered medic41 trauma tralnlng to LFR fir8 fighters across Lincolnshire to ensur9 that thoy have the skills and confidence they need lo respond to th8 medlc81 needs of pallents at inadents they attend. This has18d to furth8r opportunitios for partnership working including the development of a road traffic collis)n course for LIVES sponderS that integrates wth an LFR drill night for learns to have the opportunity to Yk logether, and opportunilies to collaborate in delivering fire safety checks for vulnerable resbJent$. LIVES also works in partnership with al NHS organisalions in Lincolnshire and operates as part of the Inlegraled Cale System. We have worked in partnership with many NHS organisalions and providers over our history bLrt the development of the ICS and our Community Emergency Medicine services PTovide opportunities for wider collaboration. We knk forwar(I to developing these partnerships furthgr in the comiro years. We have continued to develop our relationship with the University of Lincoln over the past year. The second cohort of students of the post graduate certificate in pre•hospilal crib'cal care that was co-developed by both partners bagan the programme In 2024. LIVES Medic Responders are proud to lecture on this programme alongside University of Lincoln colleagues. We've also welcomed SILentS from across the Medical Schi)ol and the School of Health and Care lo placem6rils with LIVES services, and look forward to collaborating on re$earch to further Ihe development of pre-hospital emergency medicine. Page 9
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Limit•d by Gu•rnnt••) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENOED 31 MARCH 2024 Finan¢lal revlew . Golng concem Trustee$ have reviewed the accounts and fore¢asls and are of the view that the ¢h8rty is a going ¢oncem. Trustees are satisfièd thai that foracasts illustrate a position financial position and that the forecast income is appropriately prudent. Alhough Trustees acknowledge that the charity Is not cc¥nplSanl with its reserves policy. Ihey are of the opinion that there is adequate dNersity across the income 51reams to protect the charity in the advent of a downtum in any ong stream. The charity has sufficient cash lo meet its lia1((1es as they arise. Rlsks are mlllgaled by diverse InMe sources which indude ftjndraising and donatlons, grants and trusts, income d6rivetl from comme•al sales and contracted income from services provided to the NHS. b. Re5eTve5 policy Th8 totsl con801idated funds as al 31 sl March 2024 are £1,505,253 {2022123.' £1,713.0251 of lch £366,583 are r@stricl8d and not availabl8 for general purposo. The reserves held as at 31$1 March 2024 are £142.440112022123.. £541.3161. This change in ptssilion is allributed lo tréo main fa¢tors. thes8 b8ing the deficit position and an increase in fixed assets of £435,977. Trustees reeWed the resee5 wlicy during 2019120, in reCognon of the growih of the charity and changes in both income and risk profile. The ch8rity'$ policy is to hold six nionths of non-commissioned service costs and a provision for wvering tha costs of winding up the charity if new income sources had not been found at that tsme. This will equate lo £900.000 of unrestricted reserves and will, in the view of Trustees, provide a secure financial foollng for LIVES lo protect against any signrficant reduction in its normal income, or any significant unforeseen expendilurns. Thè charity does not yttt hold the requlred reserves to be compliant with this policy. The p)licy will b8 r8Vl8wèd again in 2024125 to reflect the Continued growth of the charity. Pag8 10
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company LIMIt by GuarnDtee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 ¢. In¢om• & oxpendltur• Financlal sustainability Is a key strategic objectNe for the charity. We can only deliver care lo pallenls, edUcatn lo our own responders and to Communities, and plan for future growth if our income 15 Secure and wo understand and control our costs. HlslorS¢ally LIVES relled on community fundraising to generate income to support the deliv8ry of charilablo actity. For the last slx years our stratY has been lo diversify our income streams, devebp naw sources of funding and mitigate the risks associated wth wicome gengralion. Incom• Total income fty the year was £3.869 million. cornpared with £3.735 rnillion in 2022123 which represents on increase of 3.59Y.. This is the sixth ci)nse¢ulive year of income grolth the charity and is aligned with our strategic aim of ensuring that LIVES is financially sustainable. Income generated through provision of Emergency Response and Community Emergency Medicine services to NHS organisations a¢vnI$ for 65.7% of all inwme, a slight increase from 64.6¥0 in the 2022123. Income from Cmunity Engagement provKles 16QA of Income, a decrease from 20°A in the previous year. Community Engagement includgs in¢omg from salè of defibrfllators and other equipment, education sales and clinical govemance consultsncy. Education income has conlinLd to grow to £505,658, an Increase of 4.69%. This 1$ an important Income slrgam and one that we forecast will continue lo grow as we develop naw tralnlng offers and capabil&S. Sale of goods incoma declingd by 3.32¥. but remains a small but important income stream that is often linked to education sales or communily activty. Fundraising incomè continues to be challengSng for our small lundraisSng team. Total fundraisin9 income Increased by 29% to £694,609 but this included £278,523 of donated goods and services. Donations and legacies income was £340.277 lch represents a 130kn decrease and is a reffleclion of both the economic climate and staffing challenges. Granl income also decreased to £75.809. a decrease of 32OA. Expendlture Totsl expenditure was £4,091.601 an increase of 12(A from 2022123. This is attributed to widespread cost Increases in d8lsvorirE cor8 services. 11 is recognised that the largest proportion of costs 18 ralatgd to staffing at £2.75m which Is 67.2•10 of all 8xpenditure. Costs have increased dlsproportionately through 2023124 vAlh 8ignlficanl increases in expenditure relatad to Increases in cost of essential inpLts includlng modlcal consumables, fuels staffing. Ongoing work lo mil'gale w$1$ and ensure appropriate expenditure continues across the charity. The C¢)St of fundraising decr8ased by I0°kn 10 £300.800 whith is a reflectlon of th8 challengas f8ce(I by the team, but also reflected in the decreased income slre8m. The greatest prothion of expenditure is attributable to Community Emergon¢y Medicine at 46.3%, however this also repr&s¥nts the greatest proportion of income at 55.5¥0. Page11
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Cornpany LIMIt by Guarantse) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 d. Material investm•nts policy and porfornian Trustees are peTmrtted by the ChariWs Memorandum and Artides of A5SOCiatv)n lo invest LIVES mOnS not immediately requirod for its own pwpose in such investments. sgcurilies or property as may thought rrt. Tru5tee5 con51der R appropriate to hold reserves In a ¢ombinatk)n of cash and balancod risk Inv8sknent funds. Investments were valued 8t £16,615 as at 31st March 2024. Th8 LIVES Inveslmenl w1Y is". al General objedlv The investments must be managed in suGh a way 88 to fulfil Ch8rty Commission requirements to oblaln a reasonable return on those inv8Stments wlhout excessive risk to the capital. b> Capltal growth and incomo rnquirement$ The investments need only to provide capital growth,. there is no requirement for them lo generat& income. c} A¢ceptsble rl8k A'moderate" approach Is to b8 adoplgd in th8 management of the charW$ as$gts. Further definit of Ihls can be found in Ihg JCH Investment Managemenl documgnt.'Attituda to Risk.. dl Fun¢tlon$ d•logatad to the Trustees. agent Ilnv•stm•nt manager) The investhien18 ar8 to be managed on an 'adViSor basis wilhln the bounds of thè (Jeclared acceptsble Tlsk. ) EthScal r•$trlctl¢)ns Th¢ investments musl avoid areas that may conflict with the overall aims of LIVES wherever possible. taking into account the large dwerSifaIIOn of underlying holdings within the Investment Portfollo. Page 12
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGEMCY SERVICE IA Company Llmlted by Guarantoo) TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 •. Fundralslng approa¢h LIVES lakes a responsible approach to fundraising and is both gralelul and respectrul towards all who suprK)rt or donate lo our charity. We hold ourselves to high stsndards and ensure that we meet or exceed the requirements of the fundraising regulations. FvrKlraising actNitigs are predomlnanlly carried out al public gv8nts and venues, slati¢ collection lins or through un501119d donation5. LIVES previously employed the sèrvices of professional fundraisers during to undertake the recruttment of regular donors to the FrierNJs of LIVES Pfogramme. However, activity was susponded from March 2020 in response to the pandemic lockdown and has not yot r6sumefl. Th8 charity w0S ¢k)sely with its fundraising partners to ensure that best practice is always adhered lo. LIVES has voluntarily registered swth the Fundraising Regulator and is a member of the Institute ol Furbdraising. Our employed fundralsing team regularty undertake traSning opportunities through the Institute to ensure they remain urrenl wlh best practice and guidelines. Fundraising Promise LIVES is rommitted lo our 'FuniJraising Promise, to our donors and sUppterS. We lake the protection of th8 personal ijata of all our supporters and donors 8Xtremely semusty and regularty monitor and review our fundraising policies and procedurès to ensure we dellv8r'b8st pracic8' Wthin the sector. We will never share your data with any other organisation for marketing purposes We always aim to send you a per5tsnal thank you foryour donation We only send marketin8 communications to those who have explicitty given us consent to doso We promise to provide informaiion about our work so you (an see how your money Is belng spent and the difference you're making. To do this though, we need your perms1On to send vou marketlng communications If you tell us that you don't want us to contact you In a partlcularway. we won't If you sign up to givè us a regular Month glft by dlrect debit. we won't ask you to increase that monthly gift for at least a year We work to best practice, and will take appropriate actign promptly rfwe fail to meet our standards Structure. governanc• and managom•nt a. Gov•rnancè Structure Lincolnshire Integrated Voluntary Emergency Service is a Charitab company limited by guarantee. incorporated on 27 February 2003 and registered as a charity on 4 July 2003. The company was established under a Memorandum of Associath)n. whh established the objects an(J powers of the ch8ritsble company and is governed under lis Articles of Association. A special resolution was passed al the Annual General Meeting held in October 2019 to adopt updated Articles in line with the current recommendations of the Charity Commission. In the event of the company being wound up, m8mbers ore required to contribute an amount not exceeding £10. Page 13
LIMCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Umlt•d by Guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Siru¢tur9. gov•m•nce and manag•m•nt l¢ontlnuod) b. R¢18 & R•¢ruitment of Trustees The charity at the tlme of this report has eight Trustee5. During thi5 yeai, Ihrg9 n8w trustegs were appointed folbwing a recruitment process. Longstanding trustee Mr Michael Adie retired from the board and we thank him for his commitment and service. Truslees are responst)le for. Delivery of LWES oblects. as stated In the Artleles of As50clatlon Settlng the strategic direction of LIVES Upholding the core values ol LIVES Monitorin£ performante ahd finantial solvency Ensurin8 that LIVES complie5 With all relevant law and regulatory legislation Ensuring that ptsllLies, pr¢xedures and iniernal controls are effectlve and fit for purpose Protertion of the assets and property of LIVES Revlewing an¢Y manaeinE rlsk Upholding and applying the princlples of equallty and diversty and ensurin8 that LIVES 15 fair and open to all sÈrtions of the communlty A board govemance review undert8ken in 2019 Identtfied that futher Trustee raul1ment was required trx)th to ensure the continuing skills of the iK)ard and lo plan for anticipated future reliremenls. RegulaT recruitment has been und&rtaken in subsequent years and ti is anticipated that lurther recruitment will be undertaken in the coming year. AJI LIVES Trustees undergo an induction procèss, which in additw)n to famliarisalion wllh Ihe objectives aTrJ operational activities of LIVES, also Includes fomial training in the role of a Trustee. Trustees also underlake safeguarding training in line with the requirements of the Care Quality Commission and are requirèd lo undertake a Fil and Proper Person assessment on an annual basis. Page 14
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Limit•d by Guarnntee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 P41ARCH 2024 Structur•, govwnanca and managtment (c¢)ntlnued) c. Dèc181on4naklng Structure .The Board delegate5 responsibS1ity to ¢ommittees in the areas of Clinical Govemance, Finance & Perfom)ancg, People & Organisation and Risk Management in order to strengthen the governanc8 Structur8 of LIVES, ensur8 informed effective decision making and mltigale rlsk. The delegated powers are sel out in the Scheme of 08legatlon. These committees are tasked wtth revIen9, monitoring and evaluating key aroas of the organisation and its actNlties and making proposals or w0mmeatIOnS lo the Board based on their findings. Membership of the committees is drgwn from the Board and LIVES sènior lèadeiship and management teams. From 2020. a membeT of the LIVES Advisory Group has also joined each committee to provlder 8 memberfs perspective. All committees operate within ternis of reference approved by the Board. There is a robust clinical governance framework in place wlhin LIVES to onsure a consislenl quality of delivery for all clinical aspects of the charity. LIVES is registered with the Care Quality Commission. vthich regulates the quality of dinical services delivered. The Leaming from Events Review Group reviews the leaming from incitjenls and excellence and provides feedback and advice to the Clinical Governance committee. A Medicines & Equipment Working Group revlews the suitability of all clinical equipwnenl and medicines prOSed or In use and makes rècommendations to the Cllnical Gov6manc8 committge. The Finan¢8 & Perfomiance committee ensures close financlal monitorlng and gffeclive budgeting in LIVES, within temi$ of refgr8nc& approved by the Board. Thls commtttee 81so scrutlnises perfomiance data from 8cros$ the charhy and is responsible for contraGt monitoring and dèlivery. There are robust internal systems thin LIVES to ensure appropriate authorisation of all large financial transaGtion$ and projects and to guard against fraud. People ar& fundamentsl lo the SUesS of LIVES. The People & Organisation MmIttee monitors recruitment, retention and development of both volunteers and employees, education programmes and delivery, wellbeing services and initiatives, and oversees the anwal volunteer and staff surveys and action plans. LWES is aware that il face5 a number of signrficant risks in the delivery of its adiwties and tskes active steps lo evaluate and mitigata these risks. These risks are monitored through the Risk Management MmIttee and an organisatlonal risk r8gist8r is maintained with risks slratrfied and wularly revi8wed based on their risk rating. Page 15
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmlt•d by Guaiant••l TRUSTEES. REPORT {CONTIPIUEDI FOR THE YEAR ENDED 31 MARCH 2024 Structur•i governance and manag•m•nt Icontinuedl d. Manag•mont structure The LIVES organisallon is supportgd by a headquarters team of 32 people. The headquarters Staff provid8 leadership and support seryic8s lo ensure that the organisalion is manag8d safely, complies all regulations, generates SLrfficienl income to operate sustainably, and that volunteers are supported in educallon. development and provision of equipment. The organisalion is led by a Chief Executiv8 vh) works alongslde the Medlcal Director and Lgadgrship tsam and reports directly lo Ihe Board of Trustees. The Medical Director is SPOnSible for clinvl standards and govemance across all dinic81 actlwty of th6 Charity. They hold a Nmber of responsibili1Ses including the lead for safeguardiro. and the charity's CalCOtt Guardian. Durin9 2024 a reslrucluring of the OpgTalions directorate ¢realed Iwo teams. The Head of Funded Services is restbonsible for education and clinical services which are funtled via contracts delivered by empk)yed staff. Tha Head of Quality. Commtjnity and Volunteers team is responsible for emergency response and community education that Is pdmarlly de18red by volunteers. They also have Ihe remit for ensuring consistènt quality across the Charity. The Head of Fundraisiro is r8sponsible lor all donor and supporter stewardship, fundraising activiti8s and grants And trusts programma. Thgy also have responsibilityfor marketing and communications across the charity- Th8 Head of Sales is responsiblg for the develcpment of commercial activities as a sowce of income. This 1$ predominantly through the sale of training, dlnlcal govemanco rViCeS and equipment lo cOrrate, community and public sector clients. The H8ad of Finance & Perfomiance is responsible for ensurfng the effective financial management of the organisation. This individual is also responsible for the production of man&Jement and perfom)ance information acr088 the cl)arity. e. Key Management Remuneration All directors glve their Ilme freely and no director reiVed remuneration in the year. Details of dlreclors, expenses and related party transactlons 8ro dtsclosgd In notes 12 and 30 to the accounts. Thg pay of senior staff is revIev1 annually and rwjnnally increased in ac¢(wdance with the pay award made to all ernployees. In view of the nature of the eharily, the directors benchmark 8g8insl pay18v8ls in othèr charitable org8nisalions of a similar soe and other health¢areleducation organisalions. Page 16
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmltad by Guarant0•) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 stru¢tUrnp gov•rnanco and management Icontinuedl f. Approach to Rl8k Managoment LIVES operates in an envlronment with inhgrenl risks both to the charity and in the delivery of its ¢or8 chafitsble a¢livilies. The charity tskes proactive steps to evaluate and mf(igate thesfr risks. Thls process is monitored through th8 Risk Management committèe vA)o meet quarterfy. LIVES management processes allow for both tx)ttom-up and lopdown risks to be klentw, welghted, managed and mitigated. The objective is to quantify risk as accurately as Possible and assess potential impacl on stratggic objectives. This in lum allows for the prwr prioritisalion of invastmont decisions and future operational aclivty. The risk register records all risks which are separated into four domains - Strategic, Operational. Financial and Compliance to ensure that the Board is always fully informed of thè overall risk picture, its management and mitigations. All risks are rewewed and managed at an appropriate level by Risk Management Committee, and all significant risks are reported and reviewed at each Board meeling wh8re management and mitigation measures aro discussed and agreed. A separat8 Clin31 risk register has been dovelop8d In recognition of the additional risks faGed by the charity due to the nature of ils activity. This regisler is remewed by the Clinical Govemance commltte8, and an update is provided to the Risk Management committee vtho have overall ownership. Tho charity is also aware that the development of Project Lrfesaver and the plan to build a new LIVES Edu¢atlon C9nlre will èxpos8 the charty to Ilsks that are new and poUSlY unconwdergd. Early mitwJallons include the 8ppoiritmenl of specialist project managers to delNer the project wkhln a d6fined wvernance fromework and lh6 development of a projecl-specrfic risk register. Key risks fa¢ed by the orgarbisalion are calegorised as- Breakdown of relation5hip5 Wlth key vpwatlonal partners IncludSng East Mldlands Ambularice Servicè. Llncolnshlre Flre and Resc, or with the NH5 Linco1Th5hlre Integrated Care Board making it drfficult for UVE5 to deliver5eniices A redurtion Income through the loss of NHS fundin& decline in fundraislng, or a sustained failuTe in one or more income stream5 Risks associated with the delivery of cllnKal seThlces Intludln8 rlsks associated with educatlon, cllnlcal compllance and the mana8ement of equlpment and medlclnes reduction irb operatlonal capaclty due to a $18nificant reduction In volunteer membership or stsffing; or dsk$ 4sso¢lated wlth the unplanned 8rowth of actSv or mernbership Threats io thè health and safety of volunteers and staff throu8h the predomlnance of lone working Competitwe threats from other cllnlcal servlce, CFR schemes or slmllar and from tommÈrelal seNices. These risks as well as other Tisks idenlifie(I by the Board wnlinue lo be monitored and mf(igaled against, both in terms of likolihood of these situalK)ns oc¢urr¥w and the impacl on LIVES if they were to happen. Healih and Salety The charity 15 commltted to promoting a positivè safety culture that Is In Ilne vilh Ils H6aAh & Safely poliGy. Health & Safety Is the day-to4ay responslblllty of the Hgallh & Safety officer, and incidents are captured through the Learning Irom Events system. Health & Safety is overseen by the Risk Management commltteg. A roview of the health and safety approach across the Charity will be undertaken. Providing support for the wellbeiry of all employees and volunteers Is an Important prlncipk of health and safety Page 17
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Limlt•d by Guarants•l TRUSTEES. REPORT (CONTINVED> FOR THE YEAR ENDED 31 MARCH 2024 Strudure. governance and managem•nt {GontInu) al LIVES. AI LIVES people, both emIOyeeS and volunteers have access to a suiie of resources lo support their health and wellbeing. including an employee assistance programm8. LIVES has adopted the u9$n Charter as a framework for wellbeing management across the charity. Safeguardlng LIVES Safeguarding pollcies aim lo ensure thet no act of omission on the part of tha charfty or an employee puts a chlld or vulnerable adult al risk. Al volunle8rs. employees aThJ twstees undertake safeguarding training in lir with the Intercollegialo Document that sets out roles and compelencles for hea1¢hre stsff. Regulatory Bodies LIVES is subjocl to regulalion by the Care Qu81ty Commission. Charity Commission. CompanNgS House, Information Commissioner and thè Fundraising R8gulator. During 2023124 there has been a number of activities or¢hostraled by a Small number of former empbyees with the intent of discrediting the charty- This has included referring the charity lo regulators and resulted in inspections by both the Charity C¢Jmmission and the Care Quality Commission during this pgrlod. The Trustees are saddened thal a small number of people have sought to undemine the very good work of the Charity, its staff and volunteeis, and have rlghly robustly defgnded the roputation of tho Gharity in 1he gnsuing local medla coverage. LIVES was inspected by the Care Qualhy Commlsslon in November 2023 and in January wa$ given a rating of 'requires improvernenl,. An action plan is in place and is being executed. This plan addresses the matters identifiad by the CQC and is ovèrse6n by the Trustse board. Whilst we accept the CQC'S findings we do not believe it is a true refflection of the excellent Gare that is delivered by LIVES volunteers and stsff. We look forward to Wgl¢oming the CQC back for a future inSptIOn. In line with protocol. the Trustees of LIVES raised a serious inCent report with the Charity Commission in January 2024 in response to an online petition that was circulating regardiTh3 Ihe charity's chief executs've. In April Ihe Charity Commission notified trustees that they had opened an investigation In rglalion to this matter and c(wnplaints that they had reGeived. The investigation was subsequentty closed in July 2024 wilh the Commission ¢onfirming that they had r8CeiV8d the appropriat8 assurances of the govemance of the charity with no further acuon requlrod by trustees. LIVES trustees have welcL¥nèd the scrutiny by regulators arKI the indep6rn18nl assurance of tho g0vemor8 processes that are in place. Equal Opportunities LIVES are ¢ommitted lo ensuring equal opportunities. faimess and dignity in the workplace, and lo èliminatlng disuimination of all klnds. g. Trustees. Indemnltles Qualifyng third party provisions made by the charity are in force for the Èenefit of the Trustees. Page 18
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A C¢)mpany Llmlt•d by Guarnntm) TRUSTEES. REPORT {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 Plans lor future p•rfods LIVES is a forw8rd-Ihinking organisalion. grounded in our Lincolnshire communities and aayS looklng for new way5 to improve outcomes for people who live, work in and visit Ihgso communities. LIVES is also wiward- looking, mMItted lo advanclng the Cause of pre-hospilal em&ryency medicin8. not only for the benefft of our own people but for thos8 boyond our county borders. Our flrsl priorfty Is alwa th8 conllnuty of our core emergency response to those palenls WMI need us most In our large rural c(MJnty. We are therefore delighted to share our ftjture plans for the coming years. Communltl•$ and Volunt••rs LIVES emeryency responders are at the heart of our chanty and our future plans ar6 focused on supporDng the growth and development of this seNlce and the individuals who deliver it. A full review of the op8ratK)nal and support structures that underpin the delivery of emergency response was concluded in 2023 and resulted in a re5trucluTing and refocu5 of these teams. The new slru¢ture 1$ focused on providing a supportive, 8n9aging experience for all volunteers that ensures th8t they hav8 opportunity to develop skills and are supported wth the challeThJes of responding lo emergencies. Recrurtment ol Community First Responde romains posf(ive. wrth a good response lo recruitment efforts. We have the Gapacily to recruit 144 new CFRS each year wtth recruilm&nt targèted to meet the needs of the communitiès. In addrtion to thls we plan lo r8cruil five new medic r8sponders and two new ¢tiCal care responders each year to grow these important tgam$. We will continue the ongoing programme to deploy techr¥)logy lo responders that makes It easler for them to acquire skills. be safely d8ployed and keep in touch wth the charity and each othèr. We have entered a contr8Ct with Bliksund to provide an electronic patient record system which is occessed via a mobilo devTce At our core we are a comMunitbaSed charity that is committed to improv¢ng the oul¢omes for p8ople in our communities. In 2024 we hav8 dèveloped a new community strategy that will provide 8 Coherent framework for all of the community educa11on advllies Ihal we deliver. Our community education programme 11 be expandeé beyond the usual remil of bystander CPR lo include openSng an altway and 'slop the bked, training which are also essential lifesaving inl8rventions that can be safely delivered by a membor of Ihg pu1¢. We aim lo train 150,000 people in lifesawng skills across nColnShIre between 2024 and 2030. Alongside this reluv6nat6d programme we will launch a new lev81 of volunteer respond8r that solely provides an initial response lo caréiac arrests lo deliver basic lrfe support. Our aim is lo reuuit a large nLFmber of these responders a¢ro$s the county so every person in Lincolnshire is never morg than a coupl8 of minutes away from a responder who can be deployed lo them in this lif&lhrealening situallcfj). We will be seeking funding for this revised community strategy to ensure that it can be deployed equitably across the county, and particularly benefiting those communilies who are disadvantsged in health outcomes or access lo emergency health services. Education We will continue to develop our education offering to our own respond8rs and to the wid8r business and corporate wmmunlly. We will develop our training offaT for healthcare including further specialist courses In all ar&as of pr&hospital emergency me(liclne. continuing professional development including online and face lo fa leaming, and through the dèvelopment of tho onlina LIVES Academy leaming plalform. This includes workSng In partnership with others with similar aims including th8 Univèrsity of Lincoln and cLJmm6rclal partnars suth as 2011. We wll improve our capacilyto respond lo lenders in areas in which we know we have expertise. Communlty Emergon¢y Modlcl Page 19
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmlted by Guarant••) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Plans lor future poriods (contlnuod) Community emergency medicine is an ernerging area of respDnse and LIVES is at the forefront of delivering innovative response models that meet the needs of Lincolnshire. As the Integrated Care System devebps new models of care. UVES is l(M)k5ng lo how our skllls can be best used lo support the patients and the widgr system. We are anllcipaling an expanslon In both the sklms and the scale of the servlces that are provlded. Includlng an extension of operating hours. We are also intending to increase our Capac for sludent placements in CEM, including the delivery of educatKJn to support studonts. Project Llfesaver- a speclallst educatlon centre toy pretho¥pltal em•rgen¢y modl¢ln• Project Lifesaver is the name given to our plan lo develop a specialist education centre to supk)ort the skills evolopmenl of our own stsff an(1 employees ant1 the wlder community. The economlc environment has caused trustées to reevaluate the timing of the delivery of this proje¢l. particularly due lo the availability of fundiro. Project Lrfesaver remains 8 priorty bul the tsming of this project is under review. R•hronc• and administrative details of the charttable company, Its Ite•S and advls•rs Truste&5 Thomasin Nicholds. Chair laprKJinted 1 Othber 2019. resigned 29 August 20241 Andrew Wilson, Vice Chair lappoinled 1 October 20191 Andrew Brogks. Trustoe lappointg1112 August 20221 Annawnieke Fussey, Trustee lappoinled 12 August 20221 Hilary Gibb, Trust88 (appointed 19 July 2020) Jonathan Teer. Trusteè (appointed 1 Odober 20191 Timothy Downing, Trustee (appointed 6 October 2009) Directors. LIVES E(lucation Limllod Chalr Andrewwilson Directors Hilary Gibb Nikki Cooke All of the above Trustees. who are also the directors of the ¢harity for the purposes of company law, held office during the year under revtew. CDmpany reglsteyed numbgr 04680981 Charity r•gist•rnd number 1098364 R•gistored office LIVES Headquarters, Unit M Birch Court, Boston Road Industrial Estate, Hom¢aslle, Lincolnshi, LN9 6SB Page 20
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE {A CompaTry Llmltod by Guarantsg) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Key managem•nt personnel Nl(ki Cooke Indepgnd•nt audltors Duncan & Toplis Audit Limlted, 5 Resolutn Closg, Endeavour Park. Boston, Lincolnshire, PE21 Trr Bank•rs Natwest, 27 HhJh Str6et, Hom¢a$ll6. Lin¢olnshlre, LN9 5XB Invo$tm•nt Advlsors JCH Investment Management. 1 Henley Way. Doddingtorb Road. Lincoln, LN6 3aR statomont of Twstees. r0sponsibiliti•$ The Trustees Iwho are also the directors of the charitable company for the purposes of company law) ore responsible for preparing the Trustfres, Report and the finan¢io1 stslements in accordance wllh applicable law and Unitéd Kingdom Accounllng Standards (Unlled Kingdom Generally Accepted AuntIng Practice). Company law requires the Trusle8s lo prepare financial slatements for each finanryal . Under company18W. the Twstees must not approye the financial stslements urbles5 they are satlgfied that they give a true and fair view of the stste of affairs of th& Group and th8 charitable company and of their incomlng resources and application of r880urces, including their income and expend¢tUTe, for Ihal pgriod. In prepartng those financial slalemenls, Ihe Trusla8s are required to.. sèlect suitable accounling pcAicigs and than apply them consislenlly., observe the methods and principles of the Charities SORP {FRS 1021- ake judgements and COUntIng 8stim8t8S that are reasonable and prudent. stste whether applicable UK Accounting Standards IFRS 102} have been lo110s%d. subject Io any malerlal departures di5clos¥d and explained in th8 financial slatemenls., prepare the financial ststements on the going concern basis unloss il is irkippropriate to presume that the Group wll continue in business. The Trustees are responsible for keeping adequate a¢¢ounting records that are sufficient lo show and explaln the Group and lh& charitable compan$ transctOons and discl¢)$8 wlth reasonable accuracy at any lime the financial position of the Group and the charitablB company and enabl6 them lo ensure that Ihe finan¢lal statements comply with the Componies Ad 2006. They are also rosponsible for safeguarding the assets of the Group and the charitable company and hence lor laking reasonable steps for the prevention and detection of fraud and other irregularrties. Page 21
LIMCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Limit•d by Gu•rnnt•e} TRUSTEES. REPORT ICONTIP4UEDI FOR THE YEAR ENDED 31 MARCH 2024 Dis¢lo$ur• of Information to auditors Each of the persons who are Trustees al the tlme when this Trustees. Report 1$ approved has confirmed that.. so far as that Trustee 1$ aware, there is no relevant audit infoTmation of which the ¢haritsble group's auditor$ are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trusteè in order to be aware of any relevant audit infmatIon an(i to ostablish that the charblai4e group's audhors are awarè of that information. Audltors The audttors, Duncan & Toplis Audit Limited. have induted their wllingness to continue In office. The designated Trustees wll propos8 a molron reappointirvJ th8 auditors al a meeDng of the Trustees. Approved by order of the members of the board of Trustee8 on 12 October 2024 and signed on their behalf by.. HllaryG Chair of Trustees Page 22
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE {A Company Umltod by Guarant••) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERIICE Opinion We have audited the financial statements of Llncolnshire Inlegraled Voluntary Emergency Serwce (the 'parenl charitable company) and its subsidiaries (the 'group'l lor the year ended 31 March 2024 which comprise the Consolidated Statement of Financial Actyvilies. the Slalemenl of Financial Position, the Charitable company Statement of Financial Posilion, the cons0dated Statement of Cash Flows and the relatgd notes, including a summary of significant accounting w)licies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting StsndatS. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republtc of Ireland, (United Kingdom Generally Acc8pled Accounting Practice). In our opinion the finan(ial statements: give a true and fair view of the state of the Group's and of the parènt charitable companrfs affairs as 8131 March 2024 and of the Group's incoming resources and application of resources, includlng Its income and 8xP8nditU for tha year Ih8n ended: have bgen prop8dy prepared in accordance wlh United Kingdom Generalty Accepted A¢ntIng Practlca.. and have been prepared in accordance with the requirements of the Companles Act 2006 and the Charffjes Act2011. Basis for opinion W& conducted our audit in accordance wth International Stsndards on Auditing IUKI IISAS IUK)) arvj applicable law. Our responsiblli1188 under those standards are further descrlbed in the Auditors. responsibilities for the audit of the financial statements section of our report. We arg indep9ndent of the Group in a¢¢ordan¢e with th8 ethical requirements that ar8 relevant to our audit of the finaneial statements In the United Kingdom, including the Financial R8poi*ng Council's Ethical Standard. and we have fulfilled our other ethic81 responsibilities in accordance th these requirements. We believe that the audit evldence we have oblalned is SLrfficSenl 8nd appropriate lo provide a basis for our opinion. Con¢luslons relatlng to golng ¢on¢ern In auditing the financial statements, we have concluded that the Trustees. usg of going ¢oncem basis of accounting in the preparation of the financial ststemenls is appropriate. Based on the work we have performed. we have not identrfied any malerlal uncertalnlles relallng to events or conditions that, individually or coll8ctsvely. may cast significant doubt on the Group's or the parent ¢haritabl8 companys ability lo continue as a going concern for a period of at least tsvelve months from when tho financial Statements are authlthsed for issue. Our responsibilities and the responsibillti8s of Ihe Twsl88s wth respect to going conrn are described in the relevant SectnS of this report. Page 23
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Limlted by Guarant••l INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (CONTINUED) Othgr Snformatl¢)n Tha other infomialion comprises the information included in Ihe Annual Report other than the financial Slalemenls and our Audrtor5' Report Ihewon. The Trustees are responsible for the other informalion contsined within thè Annual Report. Our opinion on the financial stslemenls does not cover the other Snfoimalbn and, except lo the exlenl otherwise explicitly stalèd in our report, we do not express any form of assurance conclusion thereon. Our resp)nslbi1Sty Ss to read Ihe other infomiation anij. in doing so, consider whether the other infomi0ln is materially inconsislenl wth the financial statements or our knowledge obtained in Ihe course of ihe atjdit. Dr otherwise appears lo be materially misstated. If we idenlfy such material inconsistencies or apparent material misstalements. we are required to determine whether this gives rise lo a material misststemenl in the financlal statements themselves. If, based on the work we have perfomi8d. we conclude that there is a material misslatemenl of Ihls other Information. we are required to report that fact. We have nothing lo report in this regard. Opinion on other matters prttcrlbed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audlt.. the infomiation given in the Tnjslees. Report for the financlal year which ihe financial ytstements are prepared is consistenl with the financial statements. the Trustees, Rwrt has been prepared in accordance wth appllcablg18gal requirements. Matters on which w• arn roqulr•d to r•port on by exception In the light of our kno5dge and understanding of the charltable company and its 8nwronment obtslned In the courso of the audit. we have not kjentified matarial misstatements in the Trustees, Roport. We have nothing lo report in respect of the following matters in relats'on to bthich Companies Act 2006 requres us to reporl to you if. in our opinion.. the parent charitable Company has nol kept adequate and SLrfficient 8ccounting OrdS. or returns adequate for our have not been received from branche5 not vlslled by us., or the parent charitable company financk41 statements are not in agreement wllh the accounting recnrds rolums., or certain disclosures of Trustee$, remun&ralion speCifd by law are not mado.. or we have not r8¢8iv8d all the infom)ation and explanations we require for our audit,. or the Trustses were not entitled to prepare the financial 8tatemenl$ in 9¢Wrdan wtth the small compani8s regime and takè advantage of the small companies, exemptions in preparing the Truste8s' Report and from the requirement lo propare a Strategic Rèport. Page 24
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmlt•d by Guaranteel INDEPENDENT AUDrroRS' REPORT TO THE TRUSTEES OF LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (CQNTINUEDI R•spon$iblllllos of tru$l••s As explaine(I more fully in the Trustees, Responsibilities Statement, the Trustees (who are also the directors of the charitsble company for the purposes of company law) a responsible for the preparation of the financial stBlements and for being satisfied that they give a tru9 and fair view, and for such intemal control as Ihe Trustees delemiine is necessary lo enable the preparation of financial statements Ihal are free from material misstatement, wh&thgr duo to fraud or grror. In preparing the financial stat8m8nts, th& Trust8os ar& responsible for assessing the Group's and the parent charitable cofflpanls ability lo continue as a going concgm. disclosing. as applicable, matters related to going concern and using the going Coe[n basis of accounting unless thè Trusteès èither int6nd to liquidate the Group or tho parent charitable company or to cease operations, or have no realistic attemative bul to do so. Page 25
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Limited by Guarants•l INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE ICONTINUEDI Audltors. r•sponsibilities for the audit of the financial $tatsmenl$ Our objectives are to obt*in reasonable assurance aboLrt whether Ihe financi81 stalements 95 a whole are free from material missiatement. whether due to fraud or error, and to issue an AudiloTS' Report that in¢ludes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit ¢onducte(l in accordance wlh ISAS IUKI will aayS detect a malorial misstatement when it exists. Misslalemenls can arise from fraud or error and are considered material rf, indiwdually or in the aggregate. they Could reasonably be expected to influence Ihe eeonomic decisions of users tsken on the basis of these financial Ststements. Irregularities, including fraud, are instances of non-compliance wlh18ws and regulotions. We design procedures in line wth our responsibilities, ouuined 8bove. to delecl material mlsststements in respect of irregularities. Including fraud. The extent lo which our prOceduS are capable of delecling irregularities, including fraud is detailed below.. Wg have identified areas of law5 and regulations that could reasonabty be expected to have a material effect on the financial slalemenls from our gener81 commefcial experience. knowledge of the sector, a remew of regulatory and legal correspondence and through dlscussions wlh Directors and other managemont oblgirbed as part of the work requlred by auditing standards. We have also discusse¢J wth th& Dir8clors and other management the poliCS and procedur&s r@latlng to compliance with laws a1 regulations. We communicaled laws and regulations throughout the team and remained alert to any indications of non-compliance throughoul the audf(. The potenllal Impact of dofferenl laws and regulalions varfes conslderably. Firsuy, the company Is subjèct to laws and regulations that directly impact th6 financlal statements Ifor example financial reporting legislation) and we have assèssod the extent of wmplIan wlh such laws as part of our financial ststements audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial slalements lincluding risk of override of controls) and delemined that Ihg principal risks were related lo man8gement bias in accounting eslimales and jLKigemental areas of the financial slalements such as depreciation of tangible fixed assets, as well as the risk of inappropriate journal entries to influence knd surpluses and l or deficits. Audit procedures performed by the engagement team included the identification and testing of malerlal and unusual journal entrS and challenging managgmenl on key accounting e5tim8les. assumplions and judgemgnts made in the preparation of the financial slalem8nts. We carried out detailed 8ubstanliv8 t8Sts on accounting estimates. including reviewlng the methods used by management to make those estimates and re-perfoming the calculth'on. Secondly. the company Is sublecl to other laws and regulations where the nseqUenC8 for non•compliance uld hav¢ a maler¢al effect on the amounts or disclosuros in the financial statamgnts. We idenlthed the followng areas as Ihos8 most likely to have such an effect.. . Care Quality Commission regulations., . Charities Act 2011- 8fKI . Charity Commissic reyuLgtions. Audiling slandards limit the required audit pr¢¢edures lo Klentify non-¢ompliance with th8s8 laws and regulations to enquiry of th8 Dir8clors and other management and insptrckn"on. This inspection ClUded. a rewew of the charitable parent's registration status wth regulatory LKxlies. ' a review of the correswndence with regulatory boilies lo assess the outcome of inspections and InvestJab.0nS in the year. We also assessed the action plans prepared by managemgnt to resolve items found during the course of those Invest&akn'ons and remaln compliant. . A review of the intemal management and trustee meeling minutes in tha p8riod to &nsure we are aware of any indicators l instances of non-compliance. Through these pr0dUreS. rf we became aware of any non-compliance, we consKlered the impact on the procedures performed on the related financial statement items. Page 26
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmtt•d by Guarants•) INDEPENDENT AUDrroRS' REPORT TO THE TRUSTEES OF LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE ICONTINUEDI ng to tho inhor8nt limitations of an audit. th8re is an unavoidabl8 risk that w8 may not have detected some mal8rial misstslgmenls in th8 financHI stalemgnts, even though we have prop8rty planned and performed our audit in accordance urith auditiiig Standards. Th8 furth8r r8mov8d non-compliancè with laws and regulations is from the events and transactions rellecled in the financi81 slatemenls, the less likely the inherently limit8d procedures required by auditing standards yUld identify it. As with any audit, there is a greater risk of non- dets¢tion of irregulorilies as these may involve collusion, intentional omissions of Ihg override of inlemal control5. We are not responsible for preventing non<omplian¢* and cannot bo expected lo deted non-MplianCe wrth all laws and regulations. A further description of responslbllltles for the audit of the financial statements is located on th8 Financial Reporknng Counul's website al: www.frc.or .uklaudttorsre$ nsibililtes. This deriptiOn fom$ part of our Auditors, Report. U$• olour r•port This report is made solely to the chadlable companls trustees, as 8 body, In accordanc8 with Chapter 3 of Part 16 of the Companies Act 2006, and lo the charitable companls tnjslees, as a body, Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the ¢harilable companys Iruslees those matters we are required to stsle lo them in an Auditors, Report and for no other purpose. To th8 fullest èxt8nt p6m)itted by law, we do not accept or assume responsibilf(y lo anyone other than the charitable company and ils members. as a body, for our audit work, for this report. or for the opinions we have foméd. Tlmolhy Godson IS•nlor Ststutory Audltor) for and on behaK of Duncan & Toplls Audlt Llmlted 5 Resolution Close Endeavour Park Bo$lon Lincolnshlre PE21 TfT Date.. Page 27
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmited by GuarantO0) CONSOLIDATED STATEMENT OF FINANCIAL ACTivrriES {INCORPORATING INCOME J4D EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Unrgstrfeted fund$ 2024 R05tricted funds 2024 Total nds 2024 Total fvnds 2023 In¢ome from- Donations and legacie5 Charitsble aCtItIeS Olhor trading activitie5 Investments Other income 624.063 2.751,225 21,874 70.546 397.266 694.609 3.148.491 21.874 117 3,905 502.834 3, 787,191 41,322 68 3.747 3,905 T)tal Incom• 3,401,184 467.812 3.868,996 3.735, 162 Expenditure on: Raising funds Charitable acliwties 300,229 3.263,567 571 527.234 300.800 1790.801 332,995 3,317,303 Total oxpendltur• 3.563,796 527.805 4.091.601 1650,298 Net {expenditure)nncom• befor• not galnslllossesl on Inv•$tments Net gainsl(lossesl on inveslrnents 1162.612) 14.833 159,9931 {222.605) 14,833 84,864 (8,806) Ngt mov•m•nt In funds (147,779) 159.9931 {207,772) 76.058 Rgconclllatlon of funds: Total funds broughl fomard Net movement in funds 1,286,449 {147,779) 426,576 (59,9931 1.713,025 {207.772) 1,636,967 76,058 Total funds carrl•d for¥vard 1.138.870 366,583 1,505.253 1, 713,025 Page 28
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Limit•d by Guarantm) REGISTERED NUMBER: 04680981 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024 2024 2023 Note Fixod ass•ts InEangible a$sets Tangible assets Investments 13 14 15 62.390 1.118.721 16,615 56,586 688,541 301. 782 1.197.726 1,046.915 Curr•nt a8s•ts StOGks Debtors Cash al bank and in hand 16 17 82,717 613,891 69.614 88,413 r81,904 205,9C12 766222 1,076,219 Creditors: amounts falling due within one year 18 1373.4671 (377.388) Nel ¢urr•nt asmts 392.755 698,831 Total a$$•t$ lu¥ curr•nt Ilablllti 1,590,481 1.745.746 Creditors.. amounts falling due after moro than one year 19 185.2281 (32,721) N•t assets •xcludlng penslon assgt 1.505.253 1,713,025 Total n•t assets 1.505.253 1, 713,025 Charfty funds Rgslrlcted funds Unrestricted lundg 20 20 366,583 1.138.670 426.576 1,286,449 Total funds 1.505.253 1,713,025 The charitable company was enlilled to exemption from audil undor section 477 of the Companies Act 2006. The members have not required the entlly to obtsin an auijll ft)r the year In queslon In accordance sedon 476 of the Companies Act 2006. Howev8r, an audit is required in accordance woih seCtft 15101 the Ch8rftl6s Act 2011. The Trustg*S acknowledge their responsibilities for ¢omplying with tho requirements of Ihe Act wth raspoct to accounting records and preparalv)n of financial slatemenls. Page 29
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmltad by Guarant•el REGISTERED NUMBER: 04680981 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2024 The finan¢lal statsmenls have been prepared in accordance with the provlsbns applicable to entities subject to the small companies regifne. The fina101 ststsmenls ware approved and authorissd for Issue by the Trustees on 12 Octob8r 2024 and signed on their behalf by.. Hilary Gi Chair of Trustee The notes on pages 34 to 59 fc*m part of th88e financial statements. Page 30
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company LIMIt by Guayantso) REGISTERED NUMBER: 04680981 CHARITABLE COMPANY STATEMENT OF FINA14CIAL POSITION AS AT 31 MARCH 2024 2024 2023 Noté Flxgd assets Intsnglble assets Tangible assets Investments 13 14 15 50,744 900A43 16,616 56,586 629.233 301. 783 967,803 987,602 Current ass•ts stks Debtors Cash al bank and in hand 16 17 66.55S 930.047 46,626 79,911 899,821 62.646 1.043.228 1,042,378 Creditors.. amounts falling due within one year 18 1278,793) (302, 111) Net curr•nt assets 764.435 740,287 Total assgts I• Gurrgnt IlabS1iti 1,732,238 1,727,869 Credltors- amounts falling duo after more than one year 19 185.228> (32,721} N•t assets 8xcludlng penslon asut 1,647,010 1,695. 148 Totsl net a$sots 1.647.010 1,695, 148 Charlty funds Restricted funijs UnS1Cted funds 20 20 366.583 1.280,427 426,576 1,268,572 Total funds 1.647,010 1,695,148 The charitable companls n8t movement in funds for the ygar was £148.138} (2023- £58.181)- The charitable company was entitted to exemption from audit under 5ectlon 477 of the Companies Act 2006. The memb8rs have not required the w)tity to obtain an audit for th8 y8ar in qu8stion in accordance wrth section 476 of the Companies Act 2006. Howev6r, an audit is required in a¢¢ordan¢e with section 151 of the Charities Act 2011. Page 31
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company LlmK•d by Guarantee) REGISTERED NUMBER: 04680981 CHARITABLE COMPANY STATEMENT OF FINANCIAL PoS10N (CONTINUED} AS AT 31 MARCH 2024 The Trustees acknowWge their rosponsibilitiès for complwng wilh Ihe roqLtrements of th8 Act bmth respe¢t to aG¢ounting records and preparation of financial stat8menls. Th8 financial statements have bèen prepared In accordance wlth the pr¢)visions applicable lo entiU8s subjèct to the small companies regime. The financial ststements were approved and aulhorised for issue by th8 Trusteas on 12 October 2024 8n(J signod on their beh*lf by. H51ary Chalr of rusteos The notes on pages 34 to 59 form part of these financial statements. Page 32
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmlted by Guarantsel CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Nota Cash flows from opgratSng a¢tlvltlo$ Net cash used in operatlng actlvil95 23 213.951 (255,610) Cash flows from Investlng aGtlvltl•s Proceeds from the sale of tangible rued assets Purchase of intsnglble assets Purchase of tangible fixed assets Prctted$ from $810 of investments 2.175 {23.140) {32.600) (573.938) (178,655) 300,000 Nèt ¢a$h usod In Invostlng a¢tlvltl•$ 1297.078) 1209.080) Cash Ilows from financing a¢tivili•s Repayrnents of hirg purchasg 153,161> (32,470) N•t cash us•d in finan¢lng a¢tlvltl•$ 153.161 {32.470) Chang• In cash and cosh gqulvalonts In thè year C88h and cash equivalents al beginning of the year {136.288) (497,1601 20&902 703,062 Cash •Dd eash •qulval•nts at tho of th• year 24 69.614 205.902 The noles on pages 34 to 59 fomi part of these financial statements Page 33
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Lwtiitsd by Guarafiteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 G•Doral Inforniatlon Llncolnshiro Inlegrated Voluntary Emergency Service is a pvivale rrnpany, Ilmlled by guarantse wthout share capital, registered in England and Wal8s. The charitable companys registered number and registered offiGe a(hJres¥ can be found in the Trustees annual rgp)rt. The presentation currency of the financial statements is the Pound Sterling l£l- Accountlng pollcles 2.1 Bas1$ ol proparatlon of flnan¢lal slatamgnls The financial statements have been prepared in accord8nco with the Charilies SORP IFRS 1021- AoUntIng and Reporbng by Ch8ritses= Statement of Recommended Praclice applicable lo GharitEs pfeparSng their accounts in ocwrdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 20191, the Financial Reporting Stsndard applicable in Ihe UK Republic of Ireland {FRS 1021 and the Companies Act 2006. The charitable company meets the definition of a public ben8fil entity under FRS 102. Assets and liabilit$ are inltialty recognised at historical cost or transaction value unless otherwlse stato(J in the relevant accounting policy. The consolidated ststemgnt of financial activili8s ISOFAI consolidated statement of financial position consolidate the financial infomiation of the group its subsidiary undertaking. The re8uII8 of the subsidiary are consolidated on a line by line basis. The group ha$ taken adv8nlage of the exemptK)n allowed under section 408 of the Companies Acl 2006 and has not prgsentgd 11$ own slalemenl of financial activities in these financial statements. The Consolidated St81emenl of Financial Actiwlies (SOFA} and Statement of Financial Poslllon conSolale the financial statements of the charilablg company and its subsidiary undertaking. The resums of the subsidiary are consolidated on a line by line basis. The Ghaiitabl& company has tsken advantsge of the exemption allowed under seclion 408 of th8 Compan*s Act 2(J)6 and has not pr&sented its own Statement of Flnanclal Acllwtiès in these nancial statements. Page 34
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmlt•d by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng poll¢los (ntInu•d) 2.2 Going ¢on¢em Accounting stsndards require the Trustees to consider the opproprialeness of the going concèrn basis when preparing the financial statements. The Trustees have taken notice of the Financial Reporting Council guidance. which requires the reasons for this decision to be explained. The Trustees regard the going concem basis as remaining appropriate as the charitable ¢unpany has adequate resources lo continue in operational existence for the foreseeable future. Thus. they continue lo adopt the going con¢em ba$1$ of accounting in preparing the annual financial 8tstements. Trust88s acknovA8dg8 that 2023124 ha5 b8en a chall8nglng year and that tho Chority has r9POrted deficit, however they remain confident that the Charity is a going concern. A combirbation of the financial Glimale and changes at the Charfty have pul pressure on income and cashflow has been a particular focus through the current year. A signrficant proportion of income is derived from NHS contracts and there are promising signs of recovery in fundraising income and in sales growth. The forecast for the remalnder of the year is Positive, although consOratIOn has been given lo securing a small short-temi lending facility through quarter 3 & 4 post year end lo support the Charity through the season81 income pressures and the Trustees aro confident in securing this. Forecasis for both cashflow and income in 2024125 are positsvfr and support the view of the Trustees that the Charity continues lo be a going concern. Page 35
LINCOLN8HIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llrnltad hy Guarants•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcl•s (eontlnuod) 2.3 Incomlng r•sourc•s l income is recognised once the group has entillemenl lo the income, il is probable that the income will be receNed and the amount of income receivable Con be measured reliably. The recognition of income frn leg8ci8s is dependent on establishing entitlement, th8 probability of receipt and the ablity to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the group has sufficient evidence that a gift has been left to them Ilhrough knedge of the existence of a valid wll and the death of the benefactor) and the @xeculor Is Sasfied that the property In question wll not be requir8d to satisfy clalms in the estste. Receipt of a legacy must be recognise¢J vthen It Is probablg Ihal 51 w511 be receiv and the fair value of the amount receivable, which wlll generally be the expected cash amount to be distributed to the group, can b8 relrably measured. Grants are included In the Consolidated Statement of Financial Acti¥e9 on 8 recelvable basis. The balance of income r1Ved for ScIfiC purposes bul not expended during the period is shown in the relevant lunds on the Slatomenl of Financial Position. Where inwme is received in advance of enlillemenl of receipt, its fewgnilion is deferred and induded in creditors as deferred income. Where entitiemenl occurs before income is received, the income is 8c¢rued. No amounts are included in the financial statements for servic6s (ated by volunteers. Donated goods and services are recognised as income when control is obtained over the ilewn, the receipt Df econornir benefii is probable and il con be measured reliably. Where the donated goo(J Is a fixed asset, it is measured at fair value. unless it is impractical to measure this reliably, In which ¢as8 ihe cost of tho Item lo the donor should be used. The gain is recognised as income from donations and a corresponding 8mounl is Indudgd In tho appropriate fixed asset Class and depreciated over the useful ecorx)mic lrfe in accordance wllh th& group's accounting policie$. On re¢elpl, donated professiond services and facilities are recognised on the basss of the value of the gift to the 9roup which is the amount il would have been willing tr) pay lo obtain services or facilities of equivalent economic benefit on the open mark8t,' a COTresp)nding amount 1$ then reco9nisgd in expenditure in the period of receipt. Other incom8 is recognised in the period irb which it is reravable and to the extent Ihe goods have be&n provided or on completion of the service. 2.4 Resources expended Expenditure is rocognised once there Is a legal or con$tructfve obligat9n to transfèr economic b8nofit to a third paty, it is pr¢*)able that a transfer of economic benefits will b8 required In seluement and the amount of the obligation can be measijred reliably. ExFendilure is dassified by activity. The costs of each aclivfiy 8re rnade Ltp of the lotal of direct costs and shar8d costs, including support costs involved in undertaking each aclivily. Oirecl costs attributable lo a sThig16 activity are allocated directly to thal activity. Shared costs which contribute to more than one activity and support costs which are not attributable lo a single a¢tNity a apportioned btheen thosè actwitsès on a basis consislenl wth the use of resources. Central staff costs are allocated on the basls of time spent. and deprerAalion charges allocated on portion of the asset's use. Page 36
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmlted by Guarnnts• NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢countlng pollcles (contlnu•d) 2A R•$ourc•s •xp•nded {¢ontlnued> xpendkure on ralslTrJ funds Includes all expendiluro incurred by the Group to raise funds for its haritable wrposes and indudes c051s of 811 fundraising activities events and non-charitable IradirrfJ. Expenditure on charitable activities is incurred on directly undertaking the acllvllles whlch further the Group's objectives, as well as any associated support costs. Govemance costs are those costs incurred directly wlh ?xp8ndilure related to charity complianc8 and stalulory requirements. All expendlture Is inclusive of irrecoverable VAT. 2.5 Intornst recelvablfr Interest on funds held on deposit is induded when re¢oivable and the amount can be measured reliably by the Group; this is normally upon notrfi¢ation of the interest paid or p8y8ble by the institution with whom the fund5 are deposited. 2.6 Taxatlon The charitsble company is considered to P2SS the tests set out In Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meets the definition of a charitsble company for UK corporation tax purposes. Accordingly. the charitable company is potentially exempl from taxation in Tespecl of Income or capttal gains received within categories coveied by Chapter 3 Part 11 of the Corporation Tax Act 2010 or S8clion 256 of the Taxation of Chargeable Gains Act 1992, to the extent that sueh incle or galns are applied exclusively to charitable purposes. 2.7 Intangible assets and amortlsatlon Intangible assets arg ¢apitalised and recognised when future economK benefts are probablg and Ihe cost or value of thè asset be measured reliably. Intangible as5els are inilialty recognised at cost. After recognition. under the cost model, intangible assets ale measured al cost less any accumulated amorbsallon and any accumulated impairment k)sses. At each reporting dale the charitable company assesses whether there Is any indication of impaiment. If such Indicallon exlsts. the recoverable amount of the asset is detsm)ined to be the high8r of ils fair value less costs lo sell and its valu& in use. An Impalmienl loss is recognised vh)ere the ¢arrylng amount exceeds the recoverable amount. Amortisation 1$ provided on intsngible assets at rates calculated to write off Ihe wtst of each asset ¢Jn stralght-llne basis over its expeded useful lrfe. Arnortisalion is provided on the followlng basis.. Computer sofvare Stralght line over 5 years Page 37
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmltod by Guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting poll¢los Icontlnugd) 2.8 Tanglble flxed a$sets and &prnciation Tanglble fixed assets are inrtially recognlsed 81 St. or in cases where fixed assets have been donated. at valuation at the lime of acquSshlon. After recognftl, under the cost model. tangible red assets are measured al cost less accumulated depreciation atKI any accumulated impairment losses. AJI costs incurrod lo bring a tangible fixed asset into ils intended working Condon should be included in the measuremant of cost. At each reporting dale the tharilable comp8ny assesses vthether there 18 any indication of impairment. If such indication èxl8ls, the rocoverable amount of the asset is delemiined to be the hlgher of its fair value less costs to sell and ts value in use. An Impalrmenl los$ is rogniSed where the carng amount 8XC88ds the rècoverable amount. Depreclatoon is charged $0 as to allocate the cost of langlble fixed a588ts less tholr resldual value over their estimated us8fv11Sves. Deprecialion is provided on the following bases- Short-term leasehold propety Motor vehicles Fixtures and frtllngs 10% or straight Ilne over the Itle of the lease Straight line over S years Straight line over 3, 5 or 10 years 2.9 Inv•stm•nts Flxed asset Investments are a ft)rm of finarKial instrument and are inilialty rocognis8d al Iholr Iransacllon Cost and subs8qu8nUy measured at fair value al tho Stat8m8nt of Flnanclal Po$llSon date, unl88s the value cannot be meosured reliably in which case it is rnea5ured at cost less Impaimignl. Investment gains and losses, ether realis8d or unrealised. are combined and presented as 'Gainsl{Losses) on inveslmenls, in the Consolidated Statement of Financial Activilles. Investrnenls in subsidiaries are valued al cost less provision for impalrment. 2.10 Stock$ Stocks are valued at the I0r of cost and net realisable value aftèr making due allowance for obsolete and slow-moving stocks. C05t Is delermined on a standard cost basis, and includes all direct costs incurred. Net realisable value is based on an estimal8d selling prirR allowing for all further costs of disposal. 2.11 D•btors Trade and other debtOTS are recognised at the settlement amount aftor any trade dlscount offered. Prepayments are valued at the amount prepaSd nel of any trale discounts duo. Accrued incomos are valued al the amounts du$ relating lo pre- Stat&mant of Financial Position date a¢livity. 2.12 Cash at bank and In hand Cash al bank and in hand includes cash and short-term hlghly liquid investmgnls with a short malurity of Ihre¥ months or less from Ihe date of acquisition or owning of the deposit Dr simiLar account. Page 38
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE {A Company Llmlt•d by Guarant0•1 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pol1cl (¢ontlnu•d) 2.13 Llab1lltl and provl$lon$ Llablrt6ès are re¢ogniged when there is an ob1jation al the Slatoment of Financial Posltlon dale as a result of a past evenl, it is probable that a transfer of ecorK)mic benefft will be required in settlement, and the amount of the settlement can be estimated reliably. Li8bilitres are recognlsed al the amount that the charitable company anlicipales it will pay to see the debt or the amount it has receNed as advanced paymenls for the goods or services il must provide. Provisions measured al the best estimate of the amounts required lo setU8 the obltgalion. Where the effect of the lime value of money is material. thè provislon is based on the present value of those amounts, discounted al the pre-tsx discount rate thal reflects the risks spècrfic to tho liabllity. The unwinding of thB dlscount is r6cognlsed In the Consolldated Statement of Financial Activities as a finance $t. 2.14 Flnan¢lal Instruments The Group only has financial assets and financial li8bililigs of a kind that qualify as bas finanoal instruments. Basic financial inslnJments are inili8lly recognSsed al transaction value and subsequently measured al their $dUemenl value with the exception of bank loans which are subsequently measured at amortised cost using tha aff8Ctive interest method. 2.15 Flnancé lèases and hlre purcha8e Assets obtained under hirg purchasa contracts and finance leases capitalisod as tangible fixed assets. Assets acqulr8d by finance lease are depreciated over the shorter of the lease lemi and their useful live5. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownershlp are assumed by the Group. Obligations under such agreements are included in creditors, net of the finance charge allocated to future periods. The finance element of the rental payment is charggd to the ConsolKlated Ststement of Financial Activities so as to produce a constant periodic rate of charge on the nel oblNJalion outstanding in each period. 2.16 Operating leas8s Rentals paid under operating leases are charge(I to the ConsolKAal8d Stat8ment of Financial AcliwlS on a straight lin8 basis over the lease term. 2.17 Penslons The Group operal65 a d8fined contribution pension scheme and the pgnsion charge represents the amounts payable bythe Gioup to the fund in respect of the year. Page 39
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmltsd by Guarant•o) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollclos {contlnued) 2.18 Fund accounting General funds aro unrestricted funds which are available for use at the discretion of the Truslees in furthgrance of the 9gneral objectives of the Group and which have nol been designated for other purposes. Restricted funds are funds which are to be used in accordance wmh specrfic reSt¢t[Cns imposed by donors or which hove been raised by the Group for particular purposes. The costs of raising and administering such lunds are charged against the specific fund. The aim and use of 8ach restricted fund is set out in tho notes to thg finan¢ial statements. Investment Income, gains and losses are allocated to the appropriate fund. ¢ritiGal aG¢ountlng gstlmatos and argas of jud9gmgnt In the appliolion of the Charivs accounting policies. management are required to make judgements. estimates and assumptions about the carrying value of assets and liabile8 that are not readily apparent from other sources. The estimates and underlwng assumptions are b85ed on historical expervdw)ces and other faclots that arè considered lo be relevant. Actual results may differ from these eslimales. The 8stimat8s and undertying assumptions ar8 r8vwMI on an ongoing basis. Revisions lo accounting estimates are recognised in the period in which the estimates is revised rf the revision affects only Ihat period. or in the period ol the revision and future periods it the revtsion affects both Current and future periods. CribGal aGcounting estimates and assumptions.. Depreciilion - useful expected Ilfe Tangible fixed assets which are valued al cost less accumulated depreciation spread out over the useful lrfe of the individual assets. The useful lrfe is subject lo managements judgement based on the ulilisation of the assels thIn the business. The assets are reviewed peTiodicalty to ensure that the basis remains appropriate ond is amended where necessary. Inry)mg from donatlons and l•gacies Vnre$trl¢tod Rostrlctsd fund$ nd$ 2024 2024 T¢)tal tund$ 2024 Total funds 2023 Donations Incl 'Sn memtyy and anniversarfes Regular giving schemes Collection tins Statutory giving Corporata 89,180 69,117 13,380 14,563 69.909 150 89,330 69.117 13.380 14.563 70,526 142, 137 75.666 11,162 12,347 44,895 617 Page 40
UNCOLNSHIRE IMTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Limit•d by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 In¢om0 from donations •nd1oga¢l•$ (contlnuedl Unr•$trl¢t•d funds 2024 R•strlct•d funds 2024 Total funds 2024 Tolal funds 2023 Legacies Grants Donated wods $&rvice$ 83,361 6,030 278.523 83,361 75,809 278,523 105.873 110.754 69,779 Total 2024 624,063 70,546 694,609 502,834 Total 2023 406,165 96.669 502.834 Income from charltable activities UnTe5tr1ded R•$trict•d fund$ funds 2024 2024 Totsl funds 2024 Tolal ftinds 2023 Emergency response Communty emergency modi¢ing Cornmunity engagement 397.266 397,266 2,147.931 603.294 391.391 2,021,175 774,625 2.147,931 603,294 2,751,225 397,266 3.148.491 3, 187. 197 Total 2023 2,614,600 572.591 3. 787.191 Page41
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE {A Company Limlt•d by Guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from othèr tradlng aetiviti•s Incom• from fvndrablng •v•nts Unrostrlct•d funds 2024 Total funds 2024 Total funds 2023 Fundralsing events other tring activities 18,208 3,666 18,208 3,606 37,339 3.983 21,874 21.874 41,322 Total 2023 41,322 41,322 Investment In¢¢)me Unr•strfcted funds 2024 Total funds 2024 Total funds 2023 Interest received 117 Total 2023 68 68 Other Incomlng r•gources Unrnstri¢led funds 2024 Total funds 2024 Tot81 funds 2023 Miscellan8ous income 3.905 3.905 3,747 Total 2023 3,747 3,747 Page 42
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmlt8d by Guarant) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 rotal r•sour¢•$ •Ap•nded Commun •m•rA•n¢y medlckne Donations and Effleryncy ¥pons¢ Slaffing Medu equlpmènt & con5umBbl Cllnl¢81 tr8knlng Responder vefve costs Purchase of gcods ro8a18 Provion ofaxiemal tIn1ft9 Fundrai$1 SuppDrtco•t• llw•¢•d W•¢IfvM•b Staff cos15 staff related exp2n5es HQ Premi5e5 Olfice exponses Advtssifvj 92343 1.358 118,913 810 19,731 1.151.244 61.174 5.325 1,654 19.475 2.181 119,768 5,588 3,752 5,950 14.474 2,108 13,168 2,847 2,443 8,425 7.605 348.303 42.087 13.809 22,112 I,e66 28,164 38.766 8,541 1,011 128,057 14.837 3.603 311.186 25.664 33.974 30.670 3,123 57.478 33.069 21.923 9,351 73,553 29,841 6,7S6 IT¢osls Insuranro Flnance cosi¥ Depreciation of tarvJiL4t 8ss8ts Legal and wofe5sional fe&s Govemance costs Loss on disp05a aryj redas5ifKabDnoffixBd assets 300.800 82Z.892 1.894,397 Inwslm•iit m•n•g•ment Commvnlty 2024 2023 Costs dlrecdy alloratsd tv i(Tl% Staffing MedAI ewneni & consalAeS Clr>ical Iralning Re5poNlerlraining Vehicle c05tts Purchase ofgJoJ6 for ros• ProvivJn of•xtom81 trlng Fundraising Support ¢Mts bllo¢al•d to •¢U¥lti Staifco$is Staff relaied experw8 Ha prem18es Officg expBn$8S AdverbsirvJ V0he costs IT ¢osts In$ur8nce Flnance $ts D&pTr¢lallon And amorfsdon Legai and piofeysl0n lees Govèrnancè costs Loss on ¢$al &nd reLa56rfkalk)n dfvKèd asstrts 497.989 5.071 1.Y42.934 185.104 6.135 19.731 fj8,405 43,650 S1.032 21.661 1,638,637 190,127 6,614 12,291 75,376 63,175 47.429 27A59 41,996 51.032 236.633 48,181 11.633 16,149 15.803 24,610 22,386 8,185 3,739 48.048 20,649 20.253 1.015,890 122,120 63,168 74,881 35,066 112,369 107,389 41,497 17,691 25J.082 71933 31.813 B52,OB8 114.302 55.333 63.371 33.331 94.391 104.679 41.283 16.307 162.693 42.771 8.641 1.148 1,072.364 1.148 4091.601 3,650,298 Page 43
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE {A Company Llmltod by Guarantso} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Audltorn. remunor•llon 2024 2023 Fees payabl& to the charitable companys wdllor for Ihe audit of the charitable compan$ annual ac¢ounts 21.000 11. Staff costs Charit4bl• company 2024 Chantable company 2023 Group 2024 Gmup 2023 Wag8s and salaries Soclal securlly costs Contribullon lo defined corrtrlbulion pension schemes 2,417,594 238,761 2. 754,836 217.364 1,902,997 189.064 1.856.419 188.423 93.208 85,223 74.033 74,113 2,749.563 2,457.423 2.166,094 2. 118,955 Staff costs staled above for the charita8 company are net of staff costs recharged to the trading subsidk4ry of £583,46912023- £338,468). Th8 av8rage number of persons empby8d by lh8 eharrtable Company durlng Ihe year was as follows.. Charitsble Company 2024 No. Charitable company 2023 Group 2024 Gmup 2023 No. Average monthly headcount 102 100 102 100 Page 44
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmltod by Guar•nt•o) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. Staff costs (continu) Tho avorage head¢ount expressed as full-line equivalents was: Charitabl• company 2024 No. Charitable company 2023 Group 2024 No, Gmup 2023 No. Administration Fundraising Emergency Response Community Emer9ency Medicine Communty Engagement 10 26 27 11 26 11 56 58 56 The number of employee$ whose employee benefits {excluding employEr pension costs) exceeded £60.000 was: Group 2024 No. Gmup 2023 In the band £60,001- £70,000 In the band £70.001- £80.000 In Ihe band £80.001- £90,000 In the band £g).001- £100,000 In the band £110,001- £120,000 The key managemgnt personn91, as listed in the Trustsas. Annual Report, received ernployee benefrts tolalling £659,76012023- £467,038). 12. TNst•¢$' r•mun•r•tlon and •xpons•s During the year, no Trustees received any remuneration or other benefits (2023- £NIL). The Charitable company has purchased professional indemnity insurance on behaw of the Trustees for claims made by thlrd parties arising from= Fidelity loss - Loss of or damage to documents Pollirtion Th6 cost of this Insurance Is £111 12023- £1081. During the year ended 31 March 2024. no Trustee expenses hove been incurred (2023- £NIL). Page 45
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmlted by Guaranteo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Intanglblg assets Group Computer software Cost At 1 April 2023 Additn8 91,373 23.140 At 31 Marth 2024 114.513 Amorti$atlon At 1 April 2023 Charge for the year 34,787 17.336 At 31 March 2024 52.123 N•t book valu• Al 31 March 2024 62,390 At 31 March 2023 56.586 Page 46
LINCOLNSHIRE IMTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmlt•d by Gu•rant•e) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Intangibl• assets Icontinu•dl Charltablo company Comput•r softwarg Cost Al 1 April 2023 Atlditions 91.373 10.140 Al 31 March 2024 101.513 Amortl$atlon Al 1 Arrfil 2023 Charge for the year 34,787 15,982 Al 31 March 2024 50.769 Net book value At 31 March 2024 50.744 At 31 March 2023 56.586 14. Tangiblg fixed assets Group Short-temi Igasehold property Motor Flxtur•s and v•hlcles flttlng$ Total Cost or valu•tlon At 1 April 2023 AddilK)ns 33,026 355.634 2.273 1,004,930 668,648 1.393.590 670.921 Al 31 March 2024 33,026 357.907 1,673,578 2.064.511 Page 47
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Limlt•d by Guarants*l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Tanglblo flx•d a55ets lcontinuedl Group (continu•d} Short-term leasehold prop8rty Motor Flxtur•s and vehlcles frttlngs Total Depreelatlon At 1 April 2023 Charge for thè year 31,389 1,637 231,003 54.920 442,651 184.190 705.043 240.747 At 31 March 2024 33,026 285,923 626.841 945,790 Not book value At 31 March 2024 71.984 1.046.737 1.118.721 At 31 MarGh 2023 1.837 124,631 562,279 688,547 Charitsbl• ¢ompany Short-temi 18asehold property Motor Flxtures and vehicl•s flttlngs Total Co$t or valuatlon Ai 1 April 2023 Additions 33,026 348.562 2.273 931,049 468.217 1,312.637 470.490 Al 31 March 2024 33,026 350,835 1.399.266 1,783,127 Depre¢latlon Al 1 April 2023 Charge for thè y8ar 31,389 1.637 229.627 53,516 422.388 144,127 683,404 199,280 At 31 Mah 2024 33.026 283,143 566,515 882.684 Net book valu• At 31 March 2024 67,692 832.751 900,443 At 31 Alarch 2023 1.637 118.935 508,661 629.233 Page 48
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Limit•d by Guaranieel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. Tanglble fixed assets (contlnued) Charitable Company {contlnu•dl The net book valuè of tangiblo fixed assets includes £109,91212023 - £67,834) in respèct of assets heh under hire purchase contracts. 15. Flxed asset investments Listod Inv•stments Group Cost or valuatlon At 1 April 2023 Disposals Revaluations 301,782 (3QO.0001 14.833 At 31 March 2024 16,615 N•t book value At 31 March 2024 16,615 At 31 March 2023 301,782 Investments In Subsldlary Ll$ted compan1•$ Invastmènts Total charftabl• company Cost or valuatlon AI 1 WI 2023 Disposals Rgvaluatitin$ 301.782 1300.000) 14,833 301.783 <300,0001 14.833 At 31 March 2024 16.615 16.616 Not book valuo At 31 March 2024 16.615 16.616 Page 49
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA CompaTry Llmlted by Guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. Fixed asset investments {¢onlinuodl Al 31 March 2023 301.782 307,783 Principal subsidiaries Thè followong was 8 subsidiary undèrtaklng of th8 charitable compan. Name Company numbèr Reglstered Offi or prfn¢ipal Principal a¢tl¥lty plac• ot busin•ss LIVES Education Limlted 13887550 Lives Headquarters, Unlts 5 Birch Court, Boslon Road In¢Justri81 Estsle, Hornca511e, Lincolnshire. LN9 6SB Training services Class of Holdlng shares Included In ¢onsolldatlon Ordinary 1000A Yes The financi81 results of the subsidiary for the y681 w¢ro: Name In¢omè Expendlturn ProfiU{Lossl I Surplu ID•fi¢ltl for tha year Net ass•ts LIVES Educallon Llmlted 569,815 480,609 89.206 17.876 16. stoc CharStsbl• company 2024 Chartsble company 2023 Group 2024 Group 2023 Finished goods and g¢)od$ for resale 82,717 88,413 66.555 79.911 Page 50
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmlted by Guarnnto9) NOTES TO THE FINANCIAL STATEPIENTS FOR THE YEAR ENDED 31 MARCH 2024 17. Debtors Charltabl• Company 2024 Charitable company 2023 Group 2024 Gmup 2023 Amounts ow8d by group undertakings 391399 395,399 Due wlthln on• ye Trade debtors Amounts owed by group undertakings Other debtors PpaYments and accrued income 87,833 370,457 21,230 207.780 224.412 524,389 471,447 511.749 467,629 613.891 781,904 930,047 899.821 Page 51
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Limited by Gurante•} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. Crodltors: Amounts falling due withln ono year Charltabl• company 2024 ChaTrlabl8 ¢ompany 2023 Group 2024 Group 2023 Trade creditors Other taxation and social Security Obligations under finan¢• lease and hire purchase contracts Other creditors Accruals and deferred income 71.635 83.081 111,8T3 89.110 68.395 80.605 708,809 75,709 55.400 14,308 149.043 34,358 12.228 129.819 55,400 13.976 60.417 34,358 12, 129 71. 106 373.467 377,388 278,793 302,111 Charltsblo company 2024 Charilable Group 2024 Gmup 2023 2023 Deferred income at 1 April 2023 Resources deferred during the year Amounts released from previous periods 69.390 84.710 {69.390) 98,460 69,390 (98,460) 16.525 13,394 (16.5251 51,526 16,525 (51,526) 84.710 69.390 13.394 16.525 Year end delerr8d income is for income r8ceived in the year relating lo sèNicès and contracts that are being carried out in the 2024-25 financial year. 19. Cr•ditors: Amounts falling due after more than on• y••r Charftabl• company 2024 Charitable company 2023 Group 2024 Gmup 2023 Net obligations under finaN18ase and hire purchase contracts 85.228 32.721 85,228 32,721 Liabililios under hlre purchas& contracts are secured on the assets to which they relate. Page 52
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmllod by Guarnnt••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ststement of funds Stat•mont of funds- currènt yoar Balance at 31 March 2024 Balanc• ¥11 Aprll 2023 Galnsl {Lo8sos} In¢om8 Expondltur Unrestrl¢tod funds General Funds- all funds 1.286,449 3,401.184 13,563.7961 14.833 1,138,670 R•stricted funds Fwsl Responders Education Technology Fund ePCR Fund CEMS Vehicle Fund Defibrillator Pads Replacement Fund 420.784 (420.7841 132.2991 202.307 170,008 5.000 1,600 3,200 11.600} 11.619 17.363 1.500 14.480} 18.081} 8,639 9.282 Medic 50 vehic Fund Defibrillator Replacement Programme Fund Interactiv& Educalkjn Fund Code Crfimson Medic 50 Equipment Fund TRIM Training 126.279 3,849 15,306 41,653 5.000 20,642 (42,4751 {5711 19.8931 17,6221 1W446 3.278 5,413 53,917 5.000 19,886 426,576 467,812 1527,8051 366.583 Total of funds 1.713.025 3,868,996 {4,091,6011 14.833 1,505,253 Page 53
LIMCOLNSHIRE INTEGRATED VOLuprrARY EAIERGENCY SERVICE {A Company Llmltod by Guarantsel NOTES TO THE FINANCL4L STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Stat•m•nt of tunds lcontlnuod) DesCrIpon, nalurg and purposo of restricted fvnds First Responder Grant An annual grant is received from NHS Lincolnshire CCG. NHS North LIncoknshi CCG and NHS North East Lincolnshire CCG to fund the pro¥Aslon of First Responders a¢ross the county. Edu¢alion Technology Fund Ufi VocTe¢h Trust provided a grant lo develop a vlrtual leamiw platforni to enable RespoThJers to maintain their competency during Cowd restrictions. 8PCR Fund Established lo Gdlgct donations and grants towards the c051 of devel¢)plng and implemenb'ng an 8CtrOniC patient car8 r8port system to replace our &xisling paper based system. whlch will make patient recortl keeping and clinical advice more user-friendly, èfficient and dats rich. CFR Recruitment Fund Estsblished lo collect donations aThJ grants to support the recruitment of naw Community First Respcinders. This conlribules lo the cost of recwilm8nl events. including wages and venue hire, and the tr8ininglequipping of new CFRS. CEMS Vehicle Fund BASICS provided a grant lowards the blue light inslallalion of 3 vehicles the Community Emergency Medicine Service. Thi5 cost is in¢orporatgd in the overall ¢ost for the vehic1&5 which are depreciated ov 5 years. Defibrillator Pads Replacement Fund Established lo collect donations and grants towards the cost of rgpla¢ing defibrillators pads for all Flrst Respondars thIn LIVES whgn used in the course of responding to cardia¢ orr8st. Medic 50 Fund BASICS promded a grant of £35.000 to fund a new vehicte for the Medic 50 Service which provides uitical care cover to the East Coest of Lincolnshir8. Defibrillator Replacemenl PTcgramme Fund Established to collect donations and grants towards the cost of rèplaaro defibrlatOts for all First Responders within LIVES. Interactive Educatlon Fund Estsbllshed lo purchase interactiv6 dlsplay equlpment lo engage audiences of all ages, show our audi&nce8 how Importanl il is to learn CPR skills and insplre those ¥tho are mfft interested to b8com8 a LIVES community firsl respond8r. Code Crimson Established to colltcl t*)nations grants to support the intsgration of bknod into our critical care response and fund the provision of equipmgnt lo safely transport blood from each Trauma unil in the county. Medic SO Equipmènt Fund Established to collect donaknns and grants to fund the purchase of 8dvanced life4aving and diagnostic equipment spectfically for our Me(lic 50 critical care car which covers the E8sI Coast of Lincolnshire. TRIM TrainirYJ Page 54
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company LIMIt by Guaranto0} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Statomont of fund5 {contlnu•d} Estsblishgd lo collect donations and grÈnts towards the cost of Trauma Risk Management tralning for practilion8r8 and manag8rs within LIVES to enable them to bast support First Responders w) may need emotional support followng an incidont they have atteThJed. statom•nt of fun¢ts - prior year Balance al 31 March 2023 8818nce at l Aprfl 2022 Gain (Losses) Income Expenditure Unr•strlctod funds General Funds - all funds 1.425.673 3.065,902 (3, 196,320) (8,806) 7.286.449 Restrf¢t•d funds FSrsl ResFX)nders Education Technology Fund CEMS Vehicle Fund Defibrillator Pads Replacement Fund Medic 50 Vehicle Fund Defibrillator Rgplacemgnt Programme Fund Interactive EducatK)n Fund Code Crimson Modic 50 Equipment Fund TRIM TrainiThJ 391,391 181,200 (391,391) (4,887) (1,600) 25,988 4,800 202,307 3.200 14,980 {3,361) {8,081) 11,619 11,363 25,444 87,076 4,606 10,000 53,380 68,689 (29,486) 126.2T9 3.849 15.306 41,653 5.000 12.694) (11. T27) 271.294 669,260 (453,978J 426.576 Total of funds 1,636,967 3,735, 162 (3,650.298) f8,806) 1,773.025 21. Summary of fund8 Page 55
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Limlted by Guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 21. Summary of funds l¢ontlnu•dl Summary of funds - current year Balance at 31 March 2024 Balanco at 1 April 2023 Gainsl {Lossesl Incomt Expondlture General funds Restricted funds 1,286.449 426,576 3A01.184 (3,563.7961 467.812 1527,8051 14,833 1.138.670 366.583 1,713.025 3.868.996 {4.091.601} 14.833 1,505.253 Summary of fund$ - prlor year B&once al 31 March 2023 Balance at 1 April 2022 Gainsi [Los$es) Income Expenditure General funds Restricted funds 1,425.673 211.294 3,065.902 (3, 196.320) 669.260 (453.978) f8.806) 7.286,449 426,516 1,636,967 3,735.162 (3.650,298) (8,806) 1. 713.025 alysis of net ¥e¢S botw••n funds alysis of net a$$ot$ b8lween funds. current perlod Vnrnstricted Restrf¢ted funds funds 2024 2024 Total fund$ 2024 Tangible fsx8d assets Intangible fixed 8ss8ts Fixed ass&1 inveslments 776,1 62.390 16,615 742,170 (373,467) {85.228) 342,531 1.118.721 62,390 16.615 766.222 1373.4671 185.2281 Current assets Crgdilors due within one year Creditors due in more than one ye8r 24.052 Total 1.138.670 366.583 1.$05.263 Page 56
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE (A Company Llmlted by Guarnnts81 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of net assets b•lw••n funds Icontlnuèd) Analpi$ of n•t assots b•tw••n funds - prior p•rfod UnSIrtell fLmd$ 2023 Reslricled funds 2023 Totsl funds 2023 Tangible fLKed assets Intangible fixed assets Fixed asset inveslmenls Cutrent assets Creditor5 du8 within one year Creditors due in more than one year 516,749 56.586 301,782 821,441 (377.388) (32.721) 171,798 688,547 56,586 307.782 1.076,219 (377,388) (32,721) 254,778 Total 1,286,449 426,576 1,713.025 23. ReGonciliatioD ol nel movement In lunds to n•t cash flow from op•rating actlvltl•s Group 2024 Group 2023 Net Incomelexpendhure for the p0d {as per Stalom8nt of Financial Activities) (207,772) 76,058 Adlu$tm•nts lor: Depreei8tlon charges Amortisalion tharges Lossl{gainl on investments Lossllprofftl on the sale and reclassification of fixed a8sets Decreasellincreasel in stocks Decreasellincreasel in debtors InGreaselldecreasel in creditors 240,747 17.336 (14833) 753.994 8,700 8,807 (2, 175) (30,623) (397, 143) (73,228) 5,696 168.951 3.826 Net cash provlded byllu$ed Inl opèrating activities 213.951 f255.610) Page 57
UNCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Limit•d by Guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of cash and ca$h •qulvalents Group 2024 Gmup 2023 C8sh in hand 69,614 205.902 Totsl rA8h and cash equlvalents 69.614 205,902 25. Analysls of ¢hanges in net debt At 1 Awll 2023 Cash flows New hlr• At 31 March pur¢ha¥e 2024 Cash at bank and in hand Hlre purchase 205.902 (67,079} 1136.2881 53.161 69,614 (126,7101 (140.6281 138,823 183.1271 {126.7101 171,0141 26. Capital ¢ommllm•nts Charltabl• company 2024 Chantable company 2023 Group 2024 GrDUP 2023 Contracted for but not provld•d In th•s• flnantlal statements quisition of tangible fixed assets IT3, 149 173, 749 27. Penslon ¢ommitmènls The charitable company operates a defined contribution pension scheme. The assets of the scheme arg r*ld separately fmrn those of the charitable company in an independently administeTed fund. The p8nsion cost charge represents contributions payabla by the charitsble ¢ompany lo the fund and amounted lo £93.20812023 - £85,223}. £10,41312023 - £11.0551 was payable lo the fund al the balance sheet dats and is included in CTedltors. Page 58
LINCOLNSHIRE INTEGRATED VOLUNTARY EMERGENCY SERVICE IA Company Llmited by Guaranto0} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 28. Op•ratlng lease commiimtrnts At 31 March 2024 the Group and the charitable company had commitments lo mako fulure mlnimum 18as8 payments under non-¢an¢Èll3bl8 op8raling18as8s as follows= Charftabl• company 2024 Chontable ¢omp8ny 2023 Group 2024 Gmup 2023 Not later than 1 year Later than 1 year and not later than 5 years Later than 5 years 79.134 175.164 77,292 77,931 167.095 94,792 79.134 17&164 Tl,292 71,931 167.095 94,792 331,590 333,818 331,590 333,818 The follon9 lease payments have been recognised as an expense in the Stslement ol Financial Activities.. Charitsbl• company 2024 Charitable company 2023 Group 2024 Group 2023 Operating lease rentals 84,488 72,324 75,928 65,679 29. Members. liablllty Each member of the charitable company undertakes lo contrrbule to the assets of the company in the event of (( being wound up while helshe is a member, or within one year after helshe ceases to be a m8mb8r. such amount as may be required. not exceeding £10 for the debls and liabilities contracted before hglshe cgasos to be a m8mber. 30. Relat•d palty trnnsactlon$ The ¢haritabl8 company purcha$e(I management traininglconsultancy s&rvic8s amounting lo £5,115 12023 - £3,4451 Irom business under the ntrol of Hilary Glbb is a director and trustee of the charitable group. The balance owing at the year end was Nil12023 - Nil}. 31. ontrolling party There is ulknmate conlrc4llng paty. Page 59