REGISTERED COMPA NUMBER.. 04922832 (England and Wales) REGISTF.RED CHARITY NUMBER.. IIOIINM REPORT OF THE TRUSTELS AND FLWANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR ROYAL FLYING DOCTOR SERVICE OF AUSTRALtA FRIENDS LY THE U.YITED KINGDOM (A COMPLNY LtMrrED BY CUARANfEE) c Clark Chartered Accountants Herschel House 58 Herschel Street Sl(yugb Berk5hirc SLI IPG
ROYAL FLYING DocfoR SERVICE OFAUSTRAIJA CONTENfs OF THE FINANCIAL STA TEMEI¥TS for the Year Ended 30 June 2024 ge RefereDee and Admlntstradve Detalls Report of the Trn5tees 2 to 3 Indeptndent Eiamlntr's Report St*tement ofFlnandal Acthrftlej Bal•n¢e She¢t Notes to the FlnaDcIAI Statements 7 to 11
ROYAL FLYING DOCTOR SERVICE OF AUSTRALtA FRIENDS IN THE UNIIED laNGDOM for the Year Ended 30 June 2024 TrUSTEES PJBOX T Coventy G Sam (resigned 7.1223) M Ridgway E Sandow {rasigned 30.5.24) P tktslley lady R Higgins B Miles L Mulley D Nelli88tt H Hawkins F G Quinlan (rcsigned 5.1 J 24) J Baird (appoinled 7.6.24) B Sonxs {4)pointed 5.11.24) J Martin N Waters (aPInted 5.11.24) COMPANY SECRETARY REGISTERED OFFICE Australia Centre BrithiD.Ausrralia Society Strand London WC2B 4LG REGISTF.RED COMPANY NUMBER 04922832 (England and Wales) REGTSTERED CHARTrY NUMBER IiOl(K)4 INDEPENDENT EX4MINER Oury Clth charter Accounts Herschel Ho 58 Herschel Street Slough Berkshire SLI IPG SOucoRs BrISW5 3 Lincoln's tnn Fields Londoo WC2A 3AA BANKERS Lloyds TSB 39 Threadneedle Street L4>ndon EC4R 9AV Page I
ROYAL FLYING DOCTOR SERVICE OF AUSTRALIA REPORT OF THE TRUSTEES for the Yur Ended 30 June 2024 The tsStee4 who are also direckn of the charity for the of the compae$ Art 2006, prrsent thelr rq)ort with the financial statements of the charity for the year ended 30 June 2024. The In¢CeS have adopted the provisions of Accounting and Reporting by clwlti. Statement of Recommended Prdctice applicable to tharities preparing their accoiints in accordance with the Financial Rewting Srandard applicdblc in th¢ UK and Republic of Ireiand (FRS 102) (effeclive J January 2019). OWECTIVES AND AcfiviTILS Objectlves and alms The charity was set up to rdise funth for the Royal Flying Service in Australia. Its objects are to relieve sickness and to protect and preserrfe the physical and llletttal bealth ofresi(knts in sparsely sert]ed areas of the Con)monwealth of Australi4 Rts dcpendencies, and mandated tcrritorics by providing or assisting in the provision of equipmcnL facilities and services to enable the Royal Ftying Doctor Service of Australia to fulfiI such of its objects as are charitsblc undcr th¢ law of En8land and Wal¢5. Publlc beneflt In shaping our ObjveS for the year and planning our athitic4 the ttustees have considcred the Charity Commission's guidance on public benefii including the guidance public benefit running a charity. The aehievemcnts and activities above demonstrate the public benefit arising throu8h the Charity's activiti. VtNANC7AL REVtEW FlnanciAI pogldon Durin8 the year ended 30th June 2024. income amounted to £59,139 (2023: £197.671) and expendire amounted to £67,369 {2023.. £194,051). Unrestrictyj fid$ available for full activities decreased during the year from £71.632 to £63.402. Prlnclpal fundlng sources The principaj fvnding SOU are donations and events. During the year we held a small fundraising event at & John BaTick art exhibition. (Jr main activities have b¢cn dedicated to organising the bi-annual fundraising gala * The Dorchester on 14 NovemlKY. The fimds raised from the eveni and the costs involved will be oUnted for the in the year cnding 30 June 2025. The Platinum Outback Friends initi8tive. which involves donors pledging £5,1)JO or more raised fA5,C4Y) during the year. From the funds raised we havc donat¢d £55,000 10 th¢ Royal Flying Doctor Service of Australi& Investment pollcy and obJec¢fves Under the Memorandum and Articles of Associatio the charity the power to makc any investrnetrt which the Inle¢S sec fit. The truses have considered the most 8Kyrcyiale policy for investing funds ond have found cash deposits mttt their requirement to gen¢rate incomc. STRUCTURE, GOVERNANCE AND mANAGEmEr Governlng do¢um¢nt Royal Flying Doctor S¢ryice of Austr31i4 Fricnds in th¢ United KiDgdom (thc Word Eimited being omitted by lic¢ncc from the Board of Trade) is a Company Lirnited by GuaraDttt and Dot havill8 C4)ital divided by shares. The charlty was inc0trated on 6 (ktober 23 end is governed by its Memorandum and Articles of Associatio which was amended by Special Resolutiott on 2 DeCber 21X)3. The compatty was rcgistercd as a chariry on 3 December 2003 under Registration Number I l OIINM and the iJ)mpaDy registration number is 4922832. On 30 March 2021 the TnteeS approved new Bye-Laws which govern menthership of the charity. In addltioffj its Memorandum and Articles of A&sociauon werc amended by Special Resohrtion on 7 April 2021 to allow for electronic meetings. dcfAning membership and to refiect current Companies Act and Charity con]MlOn reqUiremts. Page 2
ROYAL FLYING DOCTOR SERVICE OF AUSTRALIA REPORT OF THE TRUSTEES for th¢ Yer Ended 30 June 21124 Retrultment and appolntment of new truste&s A5 Srf out ID the Arricles of A&latio the chair of the twsrecs is nominth by the other tTusfces. Thc Directors of thc oryanisatioo are also the charlty ttustecs for the of clwity tsw. The Board of TruSeS have power to arwini additional TnreeS as il consider5 fi¢ to do so. Tn]stees arc rccrnited via an interview proce&s. following vecring. A background check is Caled OUL The Trste¢s have no ineficial interesc Tn the company other than as member& All the Tnttts are member5 of the company and guarantee to coatribu £1 in the event of w118 u Induellon and tralnlng ofnew truste The TnLStces maintdin a good workiD8 knowledge of thc chariry and company law and best pr4cti¢e by r¢guiaT reading of charity press article5 and scrutiny of Companias House, Charlty Commission and other Government and voluntary organisalion advisory websites. New truses are given Copi of the MemoraDthlln and Articles of Agsociation and Copies of previous years, minutes and attend en Induction session siven by *n experienced Trustee. il.[! l1?1....... Approved by order of the board of (n on .... and signed on its behalf by: P J Box - Tnt¢C Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROYAL FLYTNG DoOR SERVICE OF AUSTrALIA FRIENDS IN THE UNITED KtNGDOM Independent mIner'S report to the trnstoes of Royal Trng Doctor Servlce of Austrama Fplends In the Unlted Klngdom ('the Company I report to the charity tnteeS on my cxamination of the 8ccounts of the Compaay for the year ended 30 lune 2024. Re5ponslbllldeg and basls of report As the CP18 InteeS of the Company (and also its di[t0 for the purpo of company law) you are rtswnsible for the prepardtion of the accounts in accordance with the requiments of the Con)parrics Act 2(K>6 (the 2006 Act). Having satisfied myself that the aUnts of the Company are not rcquired to be audited under Part 16 of thc 2006 Act and arc eligible for independcnt examination, I rert ia respect of my emmination of your charity5 alillts as LWTicd out und¢r Scction 145 of the Charities Aci 201 I Cthe 2011 ACV). In caTryill8 Out my examination I have followed the Directions given by the Cbarity cotnrni1on unts Section 145(5) (b) of thc 2011 ACL Independent examlner's statement I have Completed my examinati(. I confirni that no matte[5 havc to my attrntion in nneCtion with thc examination giving tne Ca to iKlieve: accounting records were not kept in respect of thc CompAny as requwed by Section 386 of the 2006 Act; or the accounts (io not accord with thosc rccords. or the accounts do not comply with the accounting requirements of Section 396 of the 2(K16 Act other than any requiremeni tbal the accounts give a truc and lair view wbich is nol a matt¢r considered as Part of an independenl examination. or the accowits have not b¢cn prepared in acconknice with the methods and principles of the Statemcllt of Recommended Practtce for accounting and rewrting by charities (applicable to charities preparing their accowits in accordance with thc Financial Reporting Swidard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other mallers in connection with the rAamination to which attention shcdd be dr4wn in this report in order to enable a proper understandin8 of the accounts 10 be reachcd Oury Clark Oury Clark Chartered Accountants Herschel House 58 Herschcl Street Slough Bcrk5hire SLI IPG Page 4
ROYAL FLYING DocfoR SERVICE OF AUSTIL4UA ror the Year Ended 30 JuDe 2024 30.6.24 Unrestricted fund 30.6.23 Tota] funds Notcs Donations and legacics 56.878 106,472 Oth¢r trading activities vesimeni incijme 1,376 885 91,IM)9 190 Tot 59.139 197,671 EXPENDITURE ON Raising funds 2.7C 63.901 Chirftable ictmde Charitsble activities 64,669 130.150 Tot 67,369 194.05] NET INCOMEI(EXPENDITURE) (8,230) 3,620 RECONCILIATION OF FUNDS Total funds brought forward 71,632 68,012 TOTAL FUNDS CARRIED FORWARD 63.402 71,632 CONTINUING OPEIL4TIONS All income and expenditur¢ has arisen from continuing Activities. The notes form part of these financial statemu Pagc 5
ROYAL FLYINGDocfoR SERVICE OFAUSTRAUA BALANCE SHEET 30 Ju*e 2024 30.6.24 Unrestricted fund 30.6.23 Totsl Notes CURRENT ASSETS Debtors Cash in hand li 11.155 81.017 4.050 68J02 92,172 72,352 CREDITORS Amounts falling duc within on¢ yrdr 12 (28.770) (720) NET CURRENT ASSETS 63,402 71.632 TOTAL ASSETS LFSS CURRENr LIABILITIES 63,402 71,632 NET ASSETS 63,402 71.632 Unrestrictrd funds 13 63,402 71,632 TOTAL FUNDS 63,402 71,632 The charltable compary is entitled to exemption audit undcr Section 477 of th¢ compleS Act 2006 for the year ended 30 June 2024. The members havc not required the company to ubtain an audit of its fuwieiai statemcnts for the year entsj 30 June 2024 in accordauc¢ with Section 476 of the Companies Act 2(KhS. The trustees acknowled8e their resrxm51biliti&% for (a) ensuring that the charitable company keeps ac¢ounttn8 re)rdS that comply with Scctions 386 and 387 of the compani Act 2006 and preparing financial staiements which give a true and fair view of the statr of affairB of the charitable company as al the end of each financial year and of its surplus or dcfJ¢it for each fu]ancial year in accordance with the requirements of stions 394 and 395 and which othcnvis¢ comply with the requirements of the Companie& Act 2tK)6 relating to fmancial statements, so far as applicable to the charitabl¢ company. (b) These fjnanciai statements have been prepAred An aCrdan with the provisions applicable to charitable comp8nics subject to the small companics r¢gimc. nan statements wcre awroved by the Board of TnleeS and authorised for issue were sAgned on its bel1[ by: P J Box - Trustee The noks forni part of those financial ststements Pagc 6
ROYAL FLYING DocfoR sERCE OFAUSTRAUA NOTES TO THE FINANCIAL STATEMENrs for the Yer Ended 30 June 2024 AccouKfTNG POLICIES B451s of preparlng the l]D4nelal statements The financial starements of the charitsble compw. vthicb is a public benefit entity under FRS 102. have bcen prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Rq)orting by ChaTitics'. Statement of Recommended Practice applicable to clwities preparing their accounts in accordance with the Pinancial Rq)orting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Rcporting Standard 102 The Finan¢ial Ryrting Standard applicable in the UK and Republic of Ireland, and the Companie8 Act 2006. The fitwjcial statements have been preparcd Ulldcr the historical cost convention. At th¢ time of approving thc account& the trustces hav¢ 8 rc4sonablc exptiOn that thc charity hds udqua resources to Continue in operational existeoce for the foresceable future. Th% the trteeS continue to adopt the 80in8 concern basis of accounting in prcparin8 th¢ accoun Income All income is recognised in the Statemeni of Fit)ancial Activities once the thariry has entitlrnt to the fund8, it is probable that the income be received and the anknmt Gyn bc Measur reliably. Cash donations are recognised on rryeipL Othcr donations are recognised oocc the charity has been llotified of the donation. Unl& pcrfomyance conditions rAwiTe defenl of the amounL Expendltvre Expenditure is reCOgnd on there is a le8al or coThqliuctive obligation to ts2nsfer economic benefit to a third party, it is probable that a (T8nsfer of e¢on(wnic benefits will be rcquir¢d in 5ettlemeni and the amount of the obligation can be measuttd reliably. EXpndItUre is cla&sificd by activity. The ¢(ts of cach activity are made of the total direct CQSL8 and sharol costs. including support costs involved in under1akll each actiiity. Direct costs attTibu14bl¢ io a 5ing]e activity are aIl(Kad directly to that activity. Share costs which contribute to mvrc than onc activity and support sts whicb att not attributable to a single aaivity are apportional between thosc activiucs OD a basis consisknt with the use of resources. Cash and ¢h equfvlents Cash and cfish equivalcnts include cash io bao(L deposits held at call with banks. other th0rt4emJ liquid invcslments with original maturiti¢s of drec months or Ic$4 and bank ovcrdraft5. TaxAdon The charity is exempt frorn cOrpol0n tax on its charitable activities. Fund ccouhrfng Unrestrlcd funds can be used in acconlance with the charitable objectives at the discretion of thc trttee5. Restricted can only be wed for particular restricted purpxM within the d)je¢ts of the charity. Re8triction6 arise when specified by the donor or when funds are raised for particular restricted purp)se& FlnAnclal Instruments Basic fman¢ia] instnunents. as covered by Section I l of FRS 102, are measured at amortised cosL The compally do not bavc any Other Financial Instrt]ments. as covered by Section 12 of FRS 102. Page 7
ROYAL FLYING DocfoR SERVICE OFAUSTRAUA FRIENDS IN THE UNITED KINGDOM NOTES TO THE FINANCIAL STATEMENTS. fODtlnucd for the Year Ended 30 June 2024 DONATTONS AND LEGACTFS 30.6.24 30.6.23 Donatiolls 56.878 106,472 OTHER ]WING ACITVITJES 30.6.24 30.6.23 Fundraising events .376 91,( 30.6.24 30.6.23 Dwit account intere81 885 190 Investment income in 2024, totallin8 £885 wa8 fully attributable to unrestricted funds. RAISING FUNDS Other tradlng adfvltlej 30,6.24 30.6.23 AdvertiSiti8 and marketing 375 Supwi Costs (see note 7) Direct Costs Totals Charitable activities 55,000 64.669 SUPPORT COSTS M8nagement Infonnatson Governance clmo108y osts Finance Totals Charitable activities 5,877 324 2.748 720 NET INCOME/ffXPENDITURE) Net incomel(expenditure) is ststed after chargin(CdItID8). 30.6.24 30.6.23 Independent examintrs fte 720 240 Page 8 continued...
ROYAL FLYING DocfoR sERCE OF AUSTRAIJA NOTES TO THE FTh ANCIAL STATEMEiwfs . conthiucd for the Year Ended 30 June 2024 TRUSTEES, REMUNERATION AND BENEFrrs There werc zto Inistees, rcmuDeratii)n or ots bcll¢fits for the year ended 30 Junc 2024 nor for the year endcd 30 June 2023. Tru$ttts' ewses There were no trustees, expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023. COMPARATIVLS FOR THE STATEMENT OF FINANCIAL AThTILS io. fimd ¥COME AND ENDOWMENTS FROM Donations and legacies 106,472 Other trading activities Invesunenl income 91,1)9 190 Tot 197,671 EXPENDITURE ON Raising funds 63,901 Cbqrltable acdvltles Charithble activities 130,150 Tot 194,051 NET INCOME 3,620 RECONCILIATION OF FUNDS Total funds brought forward 615,012 TOTAL FUNDS CARRIED FORWARD 71,632 ii. DEBTORS.. AMOUNTS FALLING DUE ITrITHIN ONE YEAR 30.6.24 30.6.23 Other debtors Prepayments 3255 4,050 11,155 4,050 Page 9 LX)ntinued..
ROYAL FLYING DOCTOR SERVICE OF AUSTRALtA OTES TO THE FINANCIAL STATEMEM3 . ¢oDthiued for the Ye¥r Ended 30 JuDe 2024 CREDrroRS: Amouwfs FALLING DUE WITHIN ONE YF.AR 12. 30.6.24 30.6.23 Deferyed income Accrued rxpens 26.700 2,070 720 28.770 720 13. MOVEMENf TN FtrNtKS Net movement in fimds At 1.7.23 30.6.24 Unrestrlcted funds General fiu)d 71.632 (8,230) 63,402 TOTAL FUNDS 71.632 (8.230) 63.402 Net movement in fund4 included ID the akne are as follows: IDcomiDg reSOurS expended Movcmcnt in funds Unrestrlcted funds Gener81 fithd 59,139 (67,369) (8230) TOTAL FUNDS 59,139 (67,369) (8.230) Comp*radves for movement In fund Net moverncni in At 30.6.23 At 1.7.22 UDrestrlcted ndS Genernl fijnd 68.012 3.620 71,632 TOTAL FUNDS 68,012 3.620 71.632 Compardtive net movement in fimds. included in the above arc &8 follows.. Incoming Resou Moveme Unrestrlcted funds General fijnd 197.671 (194.051) 3,620 TOTAL FUNDS 197,671 (194,051) 3.620 Page 10 c4tinue&l..
ROYAL FLYING DOCTOR SERVICE OF AUSTRALIA NOTES TO ThE FTh ANcL STATEMENTS- tontlnued for the Year Ended 30 June 21124 14. RELATED PARTY DISCLOSURES For the whole year, the charity WLS under control of the tswtees as shovm on pagc l. There w&$ a related party tran5a¢tion at[Uting to £5.4 with the Bri&in-Australia Society dwyng the year. The Britain-Australia Society undertak¢ otTJce administrauon for the ¢harity. A truste4 Mrs Louise Mulley. is consultant to thc Britain-Australia Society. A balance of £1.350 for fees also was accThd at the year end. Pagcll