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2023-03-31-accounts

North West Ambulance Service NHS Trust Charitable Fund

Unaudited Trustee’s Annual Report & Annual Accounts

For the Year to 31[st] March 2023 Registered Charity No. 1122470

Contents

Reference and Administrative Details Page 3
Foreword Page 4
Structure, Governance and Management Page 5
Objectives and Strategy Page 9
Public Interest Benefit Page 9
Reserve Policy Page 10
Investment Policy Page 11
Annual Review of Income and Expenditure Page 11
Projects Supported Page 13
Future Plans Page 14
Acknowledgement Page 15
Statement of the Trustee’s Responsibilities Page 16
Report of the Independent Examiner Page 17

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

Page 2 of 16

Reference and administrative details

Principal Office: North West Ambulance Service NHS Trust Charitable Fund
Ladybridge Hall
Chorley New Road
Bolton
BL1 5DD
Registered Charity no: 1122470
Bankers: National Westminster Bank PLC
Preston Branch
35 Fishergate
Preston
PR1 3BH
Solicitors: Hempsons
The Exchange
Station Parade
Harrogate
HG1 1DY
Independent Examiner: Mark Surridge FCCA
Mazars LLP
First Floor
2Chamberlain Square
Birmingham
B3 3AX

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

Page 3 of 16

Foreword

The Corporate Trustee presents the Charitable Funds Report together with the Annual Accounts for the 12 months ended 31[st] March 2023. The Charity’s report and accounts have been prepared by the Corporate Trustee in accordance with Part VI of the Charities Act 2011 and the Charities (Accounts & Reports) Regulations 2008.

The Charity’s report and accounts include all the separately established funds for which the North West Ambulance Service NHS Trust is the sole beneficiary.

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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Structure, Governance and Management

CORPORATE TRUSTEE

The sole corporate trustee of the Charity is the North West Ambulance Service NHS Trust.

The North West Ambulance Service NHS Trust has been the Corporate Trustee of the charitable fund and its four predecessor charitable funds since 1[st] July 2006 and is governed by the law applicable to Trusts, principally the Charities Regulations 2008 and the Charities Act 2011.

The Corporate Trustee is managed by its Board of Directors which consists of executive and nonexecutive directors. It has responsibility for planning, directing and controlling the activities of the entity, ensuring that the NHS body fulfils its duties in managing the charitable funds.

Non-Executive Directors of the Trust Board are appointed by NHS England on behalf of the Secretary of State and Executive Directors of the Board are subject to recruitment by the North West Ambulance Service NHS Trust Board of Directors.

The members of the North West Ambulance Service NHS Trust Board of Directors who served during the 12 months were as follows:-

Peter White Chair Daren Mochrie Chief Executive Carolyn Wood Director of Finance Ged Blezard Director of Operations Angela Wetton Director of Corporate Affairs Salman Desai Director of Strategy, Partnerships & Transformation Maxine Power Director of Quality, Innovation & Improvement Lisa Ward Director of People Dr Chris Grant Medical Director David Rawsthorn Non-Executive Director David Hanley Non-Executive Director Alison Chambers Non-Executive Director Prof. Aneez Esmail Non-Executive Director Catherine Butterworth Non-Executive Director

The Charitable funds were established by the Trust deed on 31[st] January 2007.

The Charitable Funds were registered with the Charity Commission (No. 1122470) on 25[th] January 2008 in accordance with the Charities Act 1993.

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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CHARITABLE FUNDS COMMITTEE

The North West Ambulance Service NHS Trust has been the Corporate Trustee of the charitable fund and its four predecessor charitable funds since 1[st] July 2006 and is governed by the law applicable to Trusts, principally the Charities Regulations 2008 and the Charities Act 2011.

The NHS Trust Board devolved responsibility for the management, monitoring and reviewing of the charitable funds of the Trust to the Charitable Funds Committee. Acting for the Corporate Trustee, the Charitable Funds Committee is responsible for the overall management of the Charitable Fund. The Committee is required to:

The accounting records and the day to day administration of the funds are dealt with by the Finance Department located at Trust’s Headquarters, Ladybridge Hall in Bolton.

The names of those people who served as members of the Charitable Funds Committee, as permitted under regulation 16 of the NHS Trusts (Membership and Procedures) Regulations 1990 for the 12 months to 31[st] March 2023 were as follows:

David Rawsthorn
Non-Executive Director (Chair)
David Hanley
Non-Executive Director
Catherine Butterworth Non-Executive Director
Carolyn Wood
Director of Finance
Ged Blezard
Director of Operations
Angela Wetton
Director of Corporate Affairs
Salman Desai
Director of Strategy, Partnerships & Transformation
Lisa Ward
Director of People

The Head of Technical Accounts and the Head of Charity also attended the meetings.

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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SCHEME OF DELEGATION

For the period up to the 31st March 2023 the Trust Scheme of Delegation and level of authorised expenditure is detailed below in table 1.

Table 1, Scheme of Delegation to 31[st] March 2023:

Expenditure Authorisation Limits
Up to £2,499 Deputy Director of Finance or Head of
Technical Accounts or Director of Corporate
Affairs
£2,500 to £24,999 Director of Finance or Chief Executive
Above £25,000 Board of Directors on behalf of Corporate
Trustee

NOTE: Due to a previous Charitable Funds Committee decision, with the exception of flowers and retirements expenditure, all expenditure requests were authorised by the Director of Finance, with the Scheme of Delegation treated as reference-only. In October 2022, the Charitable Funds Committee approved a proposal to amend the Charitable Funds procedure, which included the withdrawal of the approval process previously agreed by the Charitable Funds Committee. From that date, all approvals were made in accordance with the Scheme of Delegation shown in Table 1.

RESTRICTED AND UNRESTRICTED FUNDS

The charity’s unrestricted fund was established using the model declaration of trust and all funds held on trust as at the date of registration were either part of this unrestricted fund or registered as separate restricted funds under the main charity. Subsequent donations and gifts received by the charity that are attributable to the original funds are added to those fund balances within the existing charity.

The Corporate Trustee fulfils its legal duty by ensuring that funds are spent in accordance with the objects of each fund and by designating funds the Trustee respects the wishes of the donors to benefit patient care and the good health and welfare of staff. Where funds have been received, which have specific restrictions set by the donor; a restricted fund has been established.

Funding held within the general or unrestricted legacy fund may be used in-line with the Charitable Aims as authorised by the Trustees without pre-existing or specific restrictions by donors or legators.

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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The charitable funds available for spending during the 12 months reporting period have been allocated to the charitable fund managed in accordance with the North West Ambulance Service NHS Trust Scheme of Delegation.

As at 31[st] March 2023 the charity comprised of 6 individual funds, namely:

Unrestricted Funds:

  1. General Fund, including unrestricted legacies

This is the North West Ambulance Service NHS Trust General Fund for use against charitable aims and unrestricted legacy funds that are designated funds without specific areas and purposes.

Restricted Funds:

  1. First Responders Fund

  2. NHS Charities Together (Ambulance Grant)

  3. NHS Charities Together (Development Grant)

  4. Cardiac Smart Fund (regional)

  5. Station and Area Specific Funds

Charitable funds received by the charity are accepted, held and administered as funds and property held on trust for purposes relating to the Health Service in accordance with the National Health Service Act 1977 and the National Health Service and Community Care Act 1990 and these funds are held on trust by the corporate body.

The Corporate Trustee is responsible for ensuring that all charity related activity is managed effectively and it is therefore essential that key objectives are met, with actions implemented to safeguard the charity’s funds and assets.

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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Objectives and Strategy

The Objects of the Charitable Fund are defined in the Trust Deed as:

“For the general or specific purposes of North West Ambulance Service NHS Trust or for a charitable purpose or purposes relating to the National Health Service”

The aim of the North West Ambulance Service (NWAS) Charitable Trust is to fund education, projects and equipment to further benefit the health and wellbeing and safety of patients, staff and the wider community over and above the services that the Trust is commissioned to provide.

Core Charity Priorities:

  1. To provide equipment, uniform and training for our volunteer Community First Responders

  2. To build awareness of life-saving skills and defibrillators in our communities

  3. To support NWAS staff with new equipment and better working environments

Policies, procedures and reserves are regularly reviewed as the charitable trust remains committed to ensuring that there are sufficient funds to secure its objectives. The aims and objectives shown above were reviewed by the Charitable Funds Committee during 2022/23, and changes are expected to be finalised during 2023/24.

Public Interest Benefit

The Corporate Trustee ensures that the public interest benefit criteria , as detailed in the Charities Act 2011, are met by critically assessing each request for expenditure presented to the charity. Applications can be made by any member of North West Ambulance Service NHS Trust staff with prior authorisation of their line manager and applications are only restricted by the availability of funds, the quality of the application and that the application meets the Charitable Aims of the Charity.

Where possible, funds are used to provide benefit to a wide range of patients, and funds used for staff enablement are allocated to projects where a benefit to staff and/or patients can be demonstrated.

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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Reserve Policy

In accordance with Charity Commission guidance, the Corporate Trustee acknowledges that there is a requirement to hold reserves. The reserves policy should take into account future commitments from the general unrestricted funds held by the Charity. Assuming that funds have been designated appropriately and will be spent within a reasonable timescale the charity should not rely on the unrestricted or designated funds for the absorption of overheads on a continuing basis. Therefore the level of reserves held in the general unrestricted funds of the charity should be sufficient to cover the annual support costs and overheads of the charity.

The charity approves expenditure on a case by case basis taking into account the level of funds available and the Corporate Trustee reserves the right to cancel any past delegation and transfer monies to the general unrestricted funds of the Charity. This may be considered where designated funds have not been spent within a reasonable timescale or where the original purpose of the designation no longer exists. Likewise the Corporate Trustee may choose to designate funds for a particular purpose.

Level of reserves

As at 31[st] March 2023 The Corporate Trustee considers that a minimum reserve in the unrestricted general purpose fund should be permanently maintained, equivalent to six months’ operational expenditure. Operational expenditure refers to the cost of running the charity including salaries and other overheads, however excludes all expenditure with charitable benefit.

It is considered that this level of unrestricted reserves is sufficient to maintain the operation of the charity for a reasonable period of time in the event of an unexpected reduction in income, and to ensure that all liabilities could be met if the Corporate Trustee were to ever make the decision to dissolve the charity. This level of reserves is also considered appropriate in respect of ensuring that donations are used for charitable purposes within a reasonable time frame.

For 2022/23 the total operational expenditure (excluding all grant-making) was £64k, meaning that the target level for unrestricted reserves at 31[st] March 2023, in accordance with this policy, was £32k. However, this will increase further in 2023/24 due to the appointment of a Fundraising Manager from June 2023 and other planned expenditure.

It is recognised that the current level of unrestricted reserves is significantly higher than this target figure. The Charitable Funds Committee reviewed the Reserves Policy during 2022/23 and as of 31[st] March 2023, a three-year Financial Business Plan commencing 2023/24 was under development. The aim of the three-year Financial Business Plan is to prudently spend much of the

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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excess unrestricted funds over a three year period on charitable expenditure and to develop the Charity – particularly in respect of increasing income.

MONITORING

The Director of Finance and Head of Technical Accounts report on the progress of the reserves and make recommendations to the Charitable Funds Committee in order to comply with the policy. The Charitable Funds Committee has the authority to vary the minimum level of reserves.

Investment Policy

Where NHS charitable funds have surplus monies in excess of the minimum reserves plus those required to fund commitments that have not yet been realised, Trustees may elect to invest some or the entire surplus in order to generate additional income to fund future charitable activities.

Cash surpluses shall be held only in such public or private sector investments as approved by the Secretary of State and authorised by the Trustees and reviewed periodically.

The Financial Accountant is responsible for periodically reporting the cash balances to the Director of Finance and the options available for investment. The Director of Finance is responsible for authorising the investment of any trust funds.

Annual Review of Income and Expenditure 2022/23

The net assets of the Charitable Funds as of 31[st] March 2023 are £1,277k.

Overall net assets decreased by £298k being the excess of expenditure (£610k) over income (£312k). This deficit was intentional and was managed to maximise charitable impact, while utilising existing restricted reserves and maintaining a healthy level of unrestricted reserves.

The unrestricted fund has received £87k in income, while restricted funds income amounted to £225k (£312k total).

Total expenditure of £610k was spent as follows:

Direct charitable activity expenditure of £546k included:

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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During 2022/23, for each £1 spent by the NWAS Charity, 89.5 pence went directly to provide charitable support for our staff, volunteers, patients and communities.

NHS Charities Together Grants

The Charity continued to receive significant support from NHS Charities Together (membership body for NHS Charities) as a result of their Covid-19 Emergency Appeal established at the beginning of the pandemic in early 2020, which was best known for the high profile fundraising undertaken by the late Captain Sir Tom Moore. £521k was carried forward into 2022/23, and continued to be used for the benefit of our staff, volunteers, patients and communities, while during the year, we also received a development grant of £30k, to support income generation.

Initiatives funded under these grants during 2022/23 included:-

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

Page 12 of 16

schemes within those communities to help to ensure that community first responder and bystander care can be delivered quickly across the whole region. The post-holders will be directly responsible for identifying sites for the Community/Public Access Defibrillators previously funded by NHSCT, and will also identify areas of greatest need, and initiate other interventions accordingly.

A total of £498k of NHS Charities Together Funding has been carried forward into 2023/24 and will continue to be used to fund similar initiatives.

Other Projects Supported during 2022/23

The Charity continued to support and fund many projects authorised in line with the Scheme of Delegation. Projects supported during 2022/23 included:

Staff and volunteer Community First Responder Training Equipment

Support for the health & wellbeing of staff and volunteers, including:

AEDs & CPADs:-

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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OTHER:-

In addition to these projects and equipment purchases, the charity also funded gifts/buffets or flowers in recognition of retirements, births of babies and bereavements of close family members of our staff.

Future Plans

A new Head of Charity joined the Trust in June 2022, the key aim of this role is to develop the Charity and enhance the impact of its funding over the new few years.

During the year, the Charitable Funds Committee undertook a full review of the existing purpose, aims and objectives, to inform an updated Charitable Funds Strategy. These were all subsequently approved for adoption from 2023/24 onwards. These will strengthen the Charity’s focus on two key areas of 1) supporting the health & wellbeing of staff & volunteers and 2) life-saving community initiatives.

Excess unrestricted reserves will be used to develop the charity and for impactful grant-making over the next few years. During 2023/24 a Fundraising Manager will be recruited, who will have a remit to develop the infrastructure and Fundraising Strategy required for sustainable incomegeneration reducing the reliance on reserves, whilst maintaining a strong level of impactful charitable expenditure.

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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ACKNOWLEDGEMENT

The Corporate Trustee would like to extend its sincere appreciation to those that have contributed to the NWAS Charity through fundraising, donating, leaving legacies or gifts in lieu.

Particular gratitude is extended to those who donate to the charity in times of personal bereavement or loss.

We also take this opportunity to thank individual donors, corporate donors, community groups and grant giving trusts that have supported the charity during 2022/23 with fundraising activities, promotions or awarding of grant funding for or acceptance of projects and initiatives. We thank them and welcome their support for future years.

The Corporate Trustee would also like to thank and acknowledge the support of our amazing staff and volunteers across the Trust.

Approved on behalf of the Corporate Trustee.

29[th] November 2023 ………………………………………………………………………………….. Dated ……………………………………… Daren Mochrie

Chief Executive – North West Ambulance Service NHS Trust

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

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Statement of Trustee’s Responsibilities

The law applicable to charities in England and Wales requires the Trustee to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year, and of its financial position at the end of the year. In preparing financial statements that give a true and fair view, the Trustee should follow best practice and:

The Corporate Trustee confirms that it has met the responsibilities set out above and complied with the requirements for preparing the accounts. The Charity trustees having given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks (Charities Accounts and Reports Regulations 2008). The financial statements set out have been compiled from, and are in accordance with, the financial records maintained by the Corporate Trustee.

Approved by the Corporate Trustee and signed on its behalf by:

29[th] November 2023

…………………………………………………………………………………… Dated: ……………………………………………. Peter White

Chairman, Board of Directors - North West Ambulance Service NHS Trust

29[th] November 2023

…………………………………………………………………………………… Dated: ……………………………………………. Carolyn Wood, Director of Finance - North West Ambulance Service NHS Trust

Trustee’s Annual Report and Accounts Year Ended 31[st] March 2023

Page 16 of 16

Independent Examiner’s Report to the Trustees of North West Ambulance Service NHS Trust Charitable Fund

I report on the financial statements of North West Ambulance Service NHS Trust Charitable Fund for the year ended 31 March 2023, which are set out on pages 1 to 7.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Mark Surridge (Jan 2, 2024 18:00 GMT) Mark Surridge FCCA Mazars LLP First Floor Two Chamberlain Square Birmingham B3 3AX

Date: Jan 2, 2024

CHARITABLE TRUST ACCOUNT - NORTH WEST AMBULANCE SERVICE NHS TRUST

North West Ambulance Service NHS Trust Charitable Fund Statement of Financial Activities and Income & Expenditure for the 12 months ended 31 March 2023

Note
Income and Endowments
Donation and Legacies
3
Total Income and Endowments
Expenditure
Expenditure on Charitable Activities
4,5, 6
Total Expenditure
Net Income/(Expenditure)
Net Movement in funds
Reconciliation of Funds
Total Funds brought forward 1 April 2022
Total Funds carried forward 31 March 2023
Unrestricted
Funds
£000
87
87
169
169
(82)
(82)
637
555
Restricted
Funds
£000
225
31 March 2023
Total
Funds
£000
312
312
610
610
(298)
(298)
1,575
1,277
31 March 2022
Total
Funds
£000
982
225 982
441 370
441 370
(216)
(216)
938
722
612
612
963
1,575

Page 1

CHARITABLE TRUST ACCOUNT - NORTH WEST AMBULANCE SERVICE NHS TRUST

North West Ambulance Service NHS Trust Charitable Fund Balance Sheet as at 31 March 2023

Notes
Current Assets:
Stock
7
Debtors
Cash at bank and in hand
Total Current Assets
Creditors: Amounts falling due
within one year
8
Net Current Assets
Total Assets less Current Liabilities
Total Net Assets
Funds of the Charity
Restricted income funds
9
Unrestricted income funds
Total Charity Funds
Unrestricted
Funds
£000
-
607
607
(52)
555
555
555
555
555
Restricted
Funds
£000
1
-
731
732
(10)
722
722
722
722
722
Total
Funds
31 March 2023
£000
1
-
1,338
1,339
(62)
1,277
1,277
1,277
722
555
1,277
Total
Funds
31 March 2022
£000
1
21
1,560
1,582
(7)
1,575
1,575
1,575
938
637
1,575

Notes 1 to 11 form part of these accounts.

Signed ……………………………………………………………………

Daren Mochrie, Chief Executive

Date: 29th November 2023

Page 2

CHARITABLE TRUST ACCOUNT - NORTH WEST AMBULANCE SERVICE NHS TRUST

North West Ambulance Service NHS Trust Charitable Fund Statement of Cash Flows

Movement in cash resources
Cashflow from operating activities
Movement in debtors - (increase)/decrease
Movement in creditors - increase/(decrease)
Total movement in cash resources
Movement in cash resources
Brought forward cash balance at 1 April
Cash and cash equivalent at 31 March
2022/23
(298)
21
55
(222)
(222)
1,560
1,338
2021/22
612
(21)
(28)
563
563
997
1,560

Page 3

CHARITABLE TRUST ACCOUNT - NORTH WEST AMBULANCE SERVICE NHS TRUST

Notes on the Accounts

1 Accounting Policies

(a) Basis of preparation

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

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

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

The business model of the charity is such that its charitable activities are limited to those which it has sufficient funds to support from the excess of funding received over the costs of administering the charity. The charity therefore has no specific commitments and no committed costs beyond its fixed costs of operation which are detailed in note 4.

(b) Income and Endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations, are recognised when the Charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Gifts in kind are valued at estimated fair market value at the time of receipt.

Legacy gifts are recognised on a case by case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. This is normally upon notification by our investment advisor of the dividend yield of the investment portfolio.

(c) Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (e) below.

Grants payable are payments made to third parties in the furtherance of the charitable objects of the Charity. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Charity.

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty as to the timing of the grant or the amount of grant payable.

The provision for a multi-year grant is recognised at its present value where settlement is due over more than one year from the date of the award, there are no unfulfilled performance conditions under the control of the Charity that would permit the Charity to avoid making the future payment(s), settlement is probable and the effect of discounting is material. The discount rate used is the average rate of investment yield in the year in which the grant award is made. This discount rate is regarded by the trustees as providing the most current available estimate of the opportunity cost of money reflecting the time value of money to the Charity.

(d) Allocation of support and governance costs

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independant examination and legal fees.

Governance costs and support costs relating to charitable activities have been apportioned based on total expenditure. The allocation of support and governance costs is analysed in note 4.

Page 4

CHARITABLE TRUST ACCOUNT - NORTH WEST AMBULANCE SERVICE NHS TRUST

(e) Expenditure on charitable activities

Costs of charitable activities include grants made, governance costs and an apportionment of support costs as shown in note 4.

(f) Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

(g) Structure of Funds

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor. Where the restriction requires the gift to be invested to produce income but the Trustees have the power to spend the capital, it is classed as expendable endowment. There are no expendable endowments at 31 March 2023.

Restricted funds include legacy funds where the donor has made known their non binding wishes or where Trustees, at their discretion, have created a fund for a specific purpose. The Trustee ring fences legacy funds within the restricted fund and ensures that the funds are used in a way that is consistent with the wishes of the donor.

Unrestricted income funds comprise those funds which the Trustee is free to use for any purpose in furtherance of the charitable objects.

The Charity has no endowment funds. The major funds held in both the restricted and unrestricted categories are disclosed in note 10.

(h) Fixed asset investments

The North West Ambulance Service NHS Charitable Trust has held no fixed asset investments in the financial year ended 31 March 2023.

(j) Realised gains and losses

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening market value (purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the period end and opening market value (purchase date if later).

(k) Change in the Basis of Accounting

The Accounts of the Charitable Trust have been prepared on a going concern basis.

(l) Stocks

Stocks are valued at the lower of cost and net realisable value.

2 Related Party Transactions

The Trustee is the North West Ambulance Service NHS Trust. All expenditure made from the Charitable Funds are for the benefit of the patients, communities and employees of North West Ambulance Service NHS Trust. During 2022/23 none of the members of the NHS Trust Board or senior NHS Trust staff or parties related to them were beneficiaries of the Charity. NWAS is the creditor in the Charitable Funds Accounts.

3 Analysis of voluntary income

Unrestricted
Funds
£000
Donations from individuals and organisations
53
34
87
Legacies - General fund
12 months to
12 months to
Restricted
31 March 2023
31 March 2022
Funds
Total
Total
£000
£000
£000
225
278
901
-
34
81
225
312
982
12 months to
12 months to
Restricted
31 March 2023
31 March 2022
Funds
Total
Total
£000
£000
£000
225
278
901
-
34
81
225
312
982
982

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HARITABLE TRUST ACCOUNT - NORTH WEST AMBULANCE SERVICE NHS TRUST

4 Allocation of support costs

All support costs were allocated to the governance.

Independent Examiner's Remuneration
Administration
Total
12 months to
31 March 2023
Total
£000
2
62
64
Allocated to
Governance
£000
2
4
6
12 months to
31 March 2022
£000
2
1
3

5 Analysis of charitable expenditure

The Charity undertook direct charitable activities mainly on the provision of staff welfare and the purchase of medical and surgical equipment and sundries with regards to the First Responder Funds.

Activities
12 months to
undertaken
Support
31 March 2023
directly
Costs
Total
£000
£000
£000
Staff Education and Welfare
120
14
134
Purchase of New Equipment
417
49
466
Patient Education and Welfare
9
1
10
Total
546
64
610
Independent Examiner's Remuneration
12 months to
31 March 2023
Total
£000
Independent Examiner's Remuneration
2
Total Cost
2
Analysis of current assets
(a) Stocks
12 months to
31 March 2023
Total
£000
Raw materials and consumables
1
1
Stocks relate to medical and surgical equipment and sundries held by the Lancashire First Responders.
12 months to
31 March 2022
£000
185
175
10
370
12 months to
31 March 2022
Total
£000
2
2
12 months to
31 March 2022
£000
1
1

6 Independent Examiner's Remuneration

7 Analysis of current assets

(b) Analysis of cash and deposits

National Westminster Deposit Account
Total
12 months to
31 March 2023
Total
£000
1,338
1,338
12 months to
31 March 2022
£000
1,560
1,560

Page 6

CHARITABLE TRUST ACCOUNT - NORTH WEST AMBULANCE SERVICE NHS TRUST

8 Analysis of current liabilities and long term creditors Creditors under 1 year

31 March
2023
Total
£000
31 March
2022
Total
£000
62 7
62
7

Other creditors

Total

Other creditors represent sums owed at the year end by the charity to a related party, North West Ambulance Service NHS Trust, for costs incurred by the NHS Trust on behalf of the charity in the furtherance of the charity's objects.

9 Analysis of charitable funds

Type of Funds Balance
31 March
2023
c/fwd
£000
Balance
1 April
2022
b/fwd
£000
Unrestricted - General Purpose Funds
Restricted - Designated Funds
Restricted - Other Funds
555
127
595
637
199
739
1,277 1,575
(a) Restricted funds Balance Resources Incoming Balance
1 April
2022
b/fwd
£000
expended
£000
resources
£000
31 March
2023
c/fwd
£000
First Responders Community Fund
Station and Area Specific
Cardiac Smart
33
199
185
0
(72)
(313)
(56)
0
1
0
191
3
30
34
127
63
Charity Together (Ambulance Grant)
Charity Together (Development Grant)
521
0
468
30
Grand Total 938 (441) 225 722
Name of Fund
Description, nature and purpose of the fund
Greater Manchester First Responders
Cardiac Smart
Charity Together
31 March
31 March
2023
2022
£000
£000
Cumbria- Penrith area
3
4
Cumbria area- for purchase of new equipment
0
17
Cumbria Area (various stations)
25
25
Mersey Area
78
132
Various Ambulance stations - small balances
3
3
Flimby
1
1
Birchwood Station
1
1
PTS
16
16
127
199
(b) Unrestricted funds
Balance
Resources
Incoming
Balance
1 April
expended
resources
31 March
2022
2023
b/fwd
c/fwd
£000
£000
£000
£000
Unrestricted- General Purpose Funds
637
(169)
87
555
637
(169)
87
555
Name of Fund
Description, nature and purpose of the fund
The objects of this restricted fund are to promote and support volunteer First Responder Teams operating in the
Greater Manchester area through fund raising and access to training and medical equipment.
Funds originating as grants from "NHS Charities Together" and to be spent on specific multi-year projects as agreed with
this funder.
This fund has general objects for any charitable purpose relating to the North West Ambulance Service NHS
Trust or purposes relating to the National Health Service.
North
West
Ambulance
Service
General Fund
Funds restricted to support the general aims of the "Cardiac Smart" campaign, including the provision of
equipment and training in communities, and equipment and support for volunteer Community First Responders.
Station Specific
These legacy and donations funds are restricted to be used in a specific area, or at a particular ambulance
station.
199
Balance
31 March
2023
c/fwd
£000
555
555
Service NHS

There were no post Balance Sheet events.

10 Post Balance Sheet Events

Page 7