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2022-12-31-accounts

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
Note £ £ £ £
Incomefrom:
Donationsandlegacies 2 1,306,734 612,471 1,919,205 1,651,543
Othertradingactivities 3 2,566,540 - 2,566,540 2,286,125
Investments 4
45,514

-

45,514


34,223

Totalincome

3,918,788


612,471




4,531,259




3,971,891


Expenditureon:
Raisingfunds 8 1,757,803 - 1,757,803 1,474,923
Charitableactivities 8
2,517,152

346,418


2,863,570


2,601,150

Totalexpenditure

4,274,955


346,418




4,621,373




4,076,073


Net(expenditure)/incomebefore
investment(losses)/gains
(356,167) 266,053 (90,114) (104,182)
Net(losses)/gainsoninvestments 12 (346,174) - (346,174) 149,496
Net(expenditure)/incomebefore
transfers

(702,341)

266,053


(436,288)


45,314
Transfersbetweenfunds 17 184,223 (184,223) - -
Net(expenditure)/incomeandnet
(518,118)

81,830


(436,288)

45,314

movementinfunds
Reconciliationoffunds:
Totalfundsbroughtforward 17
5,309,354

160,633


5,469,987


5,424,673

Totalfundscarriedforward 17
4,791,236

242,463



5,033,699



5,469,987


Note £ 2022
£
£ 2021
£
Fixedassets
Tangibleassets 11 2,185,618 2,214,143
Investments 12 2,454,600 2,379,378
4,640,218 4,593,521
Currentassets
Stocks 13 7,133 7,754
Debtors 14 420,057 236,581
Cashatbankandinhand 516,029 1,234,002
943,219 1,478,337
Creditors:amountsfallingduewithinone
year
15 (549,738) (601,871)
Netcurrentassets 393,481 876,466
Netassets 5,033,699 5,469,987
Thefundsofthecharity
Restrictedfunds 17 242,463 160,633
Unrestrictedfunds 17 4,791,236 5,309,354
Totalcharityfunds 5,033,699 5,469,987

Note 2022
£
2021
£
Cashflowsfromoperatingactivities
Netcash (usedin)/providedbyoperatingactivities 19

(127,374)

224,419
Cashflowsfrominvestingactivities:
Investmentincome 45,514 34,223
Purchaseoftangiblefixedassets (214,717) (191,099)
Transferofcashatbanktoinvestmentmanagers (421,396) (115,992)
Netcashusedininvestingactivities


(590,599)


(272,868)
Changeincashandcashequivalentsintheyear
(717,973)

(48,449)
Cashandcashequivalentsbroughtforward 4,234,002 1,282,451
Cashandcashequivalentscarriedforward 20


516,029

1,234,002

Incomefromdonationsand legacies
Unrestricted Restricted Totalfunds Totalfunds
funds funds 2022 2021
£ £ £ £
Donations 727,411 82,341 809,752 588,896
Legacies 505,157 - 505,157 425,062
Giftsinkind 8,525 - 8,525 §,732
Collectiontins 39,291 - 39,291 36,657
Governmentgrants 750 60,995 61,745 189,699
Othergrants 25,600 469,135 494,735 405,497
Total
1,306,734

612,471



1,919,205

1,651,543

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
£ £ £ £
Charitytradingincome
Lotteryincome 2,066,613 - 2,066,613 1,968,781
Rentandservicechargeincome 110,870 - 110,870 107,134
Retailincome 329,336 - 329,336 156,287
Othertradingincome 59,721 - 59,721 53,929

2,566,540


-

2,566,540


2,286,125
Tradingexpenses
Directcosts
998,593


:

998,593


872,035
Netincomefromtradingactivities

1,567,947




-


1,567,947




1,414,090
4. Investmentincome
Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
£ £ £ £
Dividendsandinterest
45,514


-

45,514


34,223
Directcosts
Critical
Fundraisingand Care Total Total
Retail Operations 2022 2021
£ £ £ £
Helicopterrunningcosts - 1,465,257 1,465,257 1,437,799
Medicalcosts - 786,279 786,279 656,867
Otherhelicopterrelatedcosts - - - 685
Lotterycosts 675,980 - 675,980 725,001
Costofmerchandise 7,666 - 7,666 4,085
Retailcosts 123,668 - 123,668 61,317
Retailstaffcosts 175,274 - 175,274 68,785
Depreciation 16,005 212,504 228,509 191,685

998,593



2,464,040

3,462,633



3,146,224

Supportcosts
Critical
Fund- Gover- Care Total Total
raising nance Retail Operations 2022 2021
£ £ £ £ £ £
Fundraisingsupportcosts 70,839 - - - 70,839 26,179
Motorcosts,traveland
subsistence
19,251 - - - 19,251 6,011
Consultancyfees - - - - - 9,790
Premisescosts 10,191 - - 137,539 147,730 91,751
Computercosts 4,097 18,437 1,032 500 24,066 15,998
Publicity,PRanddesign 35,410 - - - 35,410 51,039
Officecosts 39,111 11,273 970 283 51,637 35,637
Insurances - 8,131 - 19,494 27,625 21,898
Legalandprofessionalfees 1,433 21,408 6,841 - 29,682 29,973
Auditandaccountancy - 10,140 - - 10,140 8,270
Subscriptions 5,500 3,645 557 - 9,702 7,450
Bankchargesandfees - 3,362 - - 3,362 1,016
Trusteeexpenses - 94 - - 94 -
Sundryexpenses 1,270 185 623 231 2,309 1,130
Staffcosts 508,755 71,656 42,993 93,152 716,556 615,883
Depreciation 10,337 - - - 10,337 7,824


706,194




148,331




53,016




251,199




1,158,740




929,849


Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
£ £ £ £
Support costs-Governance 76,675 - 76,675 53,678
Wages andsalaries 71,656 - 71,656 49,271

148,331


-

148,331

102,949

Staffcosts Depreciation Othercosts Total Total
2022 2022 2022 2022 2021
£ £ £ £ £
Fundraisingsupportcosts 508,755 10,337 187,102 706,194 576,951
Fundraisingdirectcosts - - 683,646 683,646 729,086
Retaildirectcosts 175,274
16,005
123,668 314,947 142,949
Retailsupportcosts 42,993 - 10,023 53,016 25,937
Costsofraisingfunds
727,022



26,342


1,004,439

1,757,803

1,474,923
Criticalcareoperations 93,152
212,504
2,409,583 2,715,239 2,498,201
Expenditureongovernance 71,656 - 76,675 148,331 102,949


891,830





238,846




3,490,697


4,621,373


4,076,073

Thisisstatedaftercharging:
2022 2021
£ £
Depreciationoftangiblefixedassets:
-ownedby thecharity 238,846 199,511
Auditor'sremuneration-audit 9,500 8,270
Auditor'sremuneration-otherservices 300 1,250
Operatingleaserentals 1,109,218
1,135,568

2022 2021
£ £
Wagesandsalaries 809,977 617,063
Socialsecuritycosts 61,985 52,180
Pensioncosts 19,968 15,425


891,930


684,668
Theaveragenumber ofpersonsemployedby thecompanyduringtheyearwasasfollows:
2022 2021
No. No.
Fundraisingandadministration 25 19
Retail
9

5

34

24
Thenumberofhigherpaidemployeeswas:
2022 2021
No. No.
Intheband£70,001 -£80,000 1 1

Assets
Freehold Property Fixtures, under
landand improve- fittings& Vehicles con-
property ments equipment struction Total
£ £ £ £ £ £
Cost
At1January2022 1,763,363 52,712 724,543 135,908 - 2,676,526
Additions - 13,119 120,779 10,042 70,777 214,717

Disposals

:

-

(77,477)

-

-

(77,477)


At31December2022


1,763,363


65,831




767,845


145,950




70,777




2,813,766

Depreciation
At1January2022 37,788 25,441 358,170 40,984 - 462,383
Chargefortheyear 13,269 12,364 166,382 46,831 - 238,846

Ondisposals

-

-

(73,081)

-

:

(73,081)


At31December2022


51,057


37,805




451,471


87,815





-


628,148
Netbookvalue
At31December2022 1,712,306 28,026 316,374 58,135 70,777 +=2,185,618


At31December2021


1,725,575


27,271




366,373


94,924





-


2,214,143
Fixed assetinvestments
Listed
securities
£
Marketvalueorcost
At1January2022 2,379,378
Lossesoninvestments (346,174)
Transferfromcashat bankand in hand 421,396
At31December2022 2,454,600

13. Stocks
2022 2021
£ £
Fuelforhelicopter 2,438 2,009
Goodsforresale 4,695 5,745



7,133


7,754
14.
Debtors
2022 2021
£ £
Tradedebtors 15,709 27,976
VATdebtor 15,811 11,655
Otherdebtors 200 201
Accruedincome 188,770 -
Prepayments 199,567 196,749



420,057


236,581
15.
Creditors:Amountsfallingduewithinoneyear
2022 2021
£ £
Tradecreditors 147,822 260,904
Othertaxationandsocialsecurity 22,357 16,607
Provisionfordilapidations 10,000 10,000
Accrualsanddeferredincome 369,559 314,360



549,738


601,871
16.
Financialinstruments
2022 2021
£ £
Financialassetsmeasuredatfairvalue
2,454,600
2,379,378
Financialassetsmeasuredatfairvaluecompriseofinvestments.

Balanceat Balanceat31
1January Transfers Gains/ December
2022 Income Expenditure inf(out) (Losses) 2022
£ £ £ £ £ £
Designatedfunds
Airbase 1,888,026 - 37,285 - - 1,850,741
Fixedassetfund 326,117 - 201,561 210,321 - 334,877
Staffdesignatedfund 3,201 4,380 3,167 - - 4,414


2,217,344





4,380




242,013




210,321


-


2,190,032


Unrestrictedfunds
Generalfund
3,092,010


3,908,408


4,026,942


(26,098)

(346,174)

2,601,204

Totalunrestrictedfunds


5,309,354





3,912,788




4,268,955




184,223


(346,174)


4,791,236


Restrictedfunds
prainingandeducation =49.962 = -115,500 424,388 . . 3,174
Operatingcostsfund - 66,318 66,318 - - -
Equipmentfund 84,393 161,087 67,862 (118,151) - 59,467
Medicalcostsfund 6,050 6,220 1,270 . - 11,000
GreatWestern
Heartstartersfund
3,074 25,569 25,343 - - 3,300
minjcalDevelopment . 25,000 45,091 . . 9,909
Ride4GWAAC 544 - 544 - - .
DHSCcapitalfund - 4,449 3,126 (1,323) - -
Capitalbuildingfund 41,050 168,000 293 (63,651) - 145,106
UkraineFund - 20,770 12,663 - - 8,107
Wellbeingfund 2,400 - - - - 2,400
Communicationsfund 11,060 - 11,060 - . -
Staffcostsfund - 19,558 18,460 (1,098) - -

160,633


612,471


346,418


(184,223)

-

242,463

Totalfunds
5,469,987




4,525,259



4,615,373



-

(346,174)

5,033,699


Balanceat
Balanceat 31
1January Transfers Gains/ December
2021 Income Expenditure in/out (Losses) 2021
£ £ £ £ £ £
Designatedfunds
Airbase 1,924,040 - 36,014 - - 1,888,026
Fixedassetfund 298,515 - 163,497 191,099 - 326,117
Staffdesignatedfund 2,143 3,424 2,366 - - 3,201



2,224,698



3,424



201,877



191,099




-



2,217,344

Unrestrictedfunds
Generalfund 3,119,175 3,410,114 3,565,811 (20,964) 149,496 3,092,010


TotalUnrestrictedfunds


5,343,873




3,413,538




3,767,688




170,135




149,496




5,309,354


Restrictedfunds
Trainingandeducation
fund 7,965 122,522 118,425 - - 12,062
Operatingcostsfund - 78,278 78,278 - - -
Equipmentfund 40,661 119,150 9,021 (66,397) - 84,393
Medicalcosts fund - 8,550 2,500 - - 6,050
GreatWestern
Heartstartersfund 1,264 2,639 829 - - 3,074
ClinicalDevelopment
fund - 25,000 9,100 (15,900) - -
Ride4GWAAC 960 - 416 - - 544
DHSCCapitalfund - 142,101 54,263 (87,838) - -
Capitalbuildingfund 25,000 25,000 8,950 - - 41,050
Wellbeing—CAF
Canada 2,550 - 2,550 - - -
Wellbeingfund 2,400 - - - - 2,400
Communicationsfund - 11,060 - - - 11,060
Staffcosts fund - 24,053 24,053 - - -


80,800




558,353




308,385




(170,135)





-


160,633


Totalfunds
5,424,673

3,971,891

4,076,073

-
149,496

5,469,987

Unrestricted Restricted Total
funds funds funds
2022 2022 2022
£ £ £
Tangiblefixedassets 2,185,618 - 2,185,618
Fixedassetinvestments 2,454,600 - 2,454,600
Currentassets 700,756 242,463 943,219
Creditorsduewithinoneyear (549,738) - (549,738)


4,791,236


242,463


5,033,699
Analysisofnetassetsbetweenfunds-prioryear
Unrestricted Restricted Total
funds funds funds
2021 2021 2021
£ £ £
Tangiblefixedassets 2,214,143 - 2,214,143
Fixed assetinvestments 2,379,378 - 2,379,378
Currentassets 1,317,704 160,633 1,478,337
Creditorsduewithinoneyear (601,871) - (601,871)


5,309,354


160,633


5,469,987

2022 2021
£ £
Net(expenditure)/incomefortheyear(asperStatementoffinancial
activities) (436,288) 45,314
Adjustmentfor:
Depreciationcharges 238,846 199,511
Investmentincome (45,514) (34,223)
Investmentlosses/(gains) 346,174 (149,496)
Lossonthedisposaloffixedassets 4,396 -
Decrease/(Increase)instocks 621 (2,307)
Increaseindebtors (183,476) (42,931)
(Decrease)/Increaseincreditors (52,133) 208,551
Netcash(outflow)/inflowfromoperatingactivities
(127,374)

224,419


2022 2021
£ £
Cashin handandat bank 516,029 1,234,002
Total

516,029


1,234,002
2022 2021
£ £
Amountspayable:
Within
1year
1,275,034 1,136,605
Between1and5years 4,985,731 345,499
After morethan5years
298,242

-
Total

6,559,007


1,482,104


2022 2021
£ £
Amountsreceivable:
Within1year 44,056 40,000
Between1and5years 176,224 160,000
After5years
36,713

73,333
Total
256,993

273,333

Unrestricted Restricted Totalfunds
funds funds 2021
£ £ £
Incomefrom:
Donationsandlegacies 1,093,190 558,353 1,651,543
Othertradingactivities 2,286,125 - 2,286,125
Investments
34,223

-

34,223

Totalincome
3,413,538

558,353

3,971,891

Expenditureon:
Raisingfunds 1,474,923 - 1,474,923
Charitableactivities
2,292,765

308,385

2,601,150

Totalexpenditure
3,767,688

308,385

4,076,073

Net(expenditure)/incomebefore
(354,150)

249,968

(104,182)

investmentgains
Netgainsoninvestments
149,496

-

149,496

Net(deficit)/incomebeforetransfers (204,654) 249,968 45,314
TransfersbetweenFunds 170,135 (170,135) -
Netmovementinfunds

(34,519)


79,833


45,314


Reconciliationoffunds:
Totalfundsbroughtforward
5,343,873

80,800

5,424,673

Totalfundscarriedforward 5,309,354
160,633
5,469,987