West Midlands Central Accldent Resuscltatlon Emergency Team IA ¢ompany Ilmlted by 6uaronteel Unaudlted Annual Report and Financlal Statements 31 March 2024 Company re8lstratlon number: 06816145 Charlty reglstratlon number: 1129027 CARE TEAM TRUSTEE REPORT 2023- 2024 West Mldlands Cenlral AGGldont Rosu8cltatlon Emergency Team Contents Reference and AdrnlThistrative Oetslls Tnjsteeg report Trustees, responslbllldes In relatlon to thefinanckl Statements Independent eKarnlner's report ststement olflnancial actfvitles Balancesheet io Note5 tothefinaneial Statements li West Mldlands Central Accldent Resuscltatlon Emorg6ncyTeam Reference and Admlnlstratlve Dotalls CharitynamE We5tMldlands Central Accident Re5uscitstlon EmergencyTeam Charlty reKlstratlon rumber 1129027 Companyroglsiiatlon number 06816145 Prtn¢lpal offi¢e West Mldland$ Flre Servlce Headquarters. 99 Vauxhall Road, Nechells, 61rmlngham, West Mldlands B7 4HW ReglstsYÈd offité CIO West Mldlands Flre Servtce Headquarters. 99 Vauxhall Road. 14echells, Blrmlngham, West Mldlands B7 4HW Tiustees CJ Ledbury Dr J Hulme (Reslgned 8 June 20231 Dr I P Russell D J Wllson M J Ward (Reslgned 8June 20231 R B Draycott S A Hodgetts Slr K M Porter N Pcjones Chalmian Slr K M Porter Pairons Slr K Porter, Honorarypresldent Mr Rlchard Steyn, Cllnlcal Advls(x Bankers UnltyTrnst Bank, Nlne Brlndley pla￿ BIRMINGHAM. 812HB Ac¢ourtant KellyAYC Ltd, 20 Blackmore Road, Malvern, WR14 IQT Examlners Kendall Wadley LLP, fjranta Lodge, 71 Graham Road, Mafvern, WR14 2J5 Wost Mldlands ContralA¢Gld8nt Resuscltatlon Emergoncy Tgam Trustees. Report for the Yoar Ended 31 March 2024 (Includlng Dlrectors, Report) The Trustees (who are also the dlrectors ol the charlty for the purposes of the Companles Act) present thelr annual report together wlth the financlal statements of West Mldlands Central Accldent ReSu5C￿atlon Emergency Team Ithe charltyl for rhe year ended 31 March 2024. The trustees are responsible for the general control and manzgement of the charlty, 811 spects of governance and reporting ol the charity and takln8 declslons about what is to be done and how moneyls to be ralsed 8ndspent. The flnancial ststements have been prepa￿d in accordance wlth the accountlng policles set out in notes to the accounts and comply wlth the charitvs 8overningdocumeNt, the Charities Act 2011 and the Charitles SORP IFRS 1021. Constltutlon The charlty Is a company lirnlted by guarantee and was set up by a Memorandum of A5soclatlon. The company Is constituted under a Memorandum of ￿SOCIatIon and Is a reglstered charlty Inumber 1129027). The companyetsnverted to a CIO on 8thJune 2024. Method ot appointmont orelectlon oftNstees The minagement of the company Is the resporbslblllty of the Trustees who are e￿rted and coopted under the Tems of Assoclatlon. The Trustees are appolntsd by Invitation of the Board and have to be conflrmed e8ch year at the Annual Genèral Meetln8. Pollcles ailopted forth¢ Indurtlon ond tralnlng ofTrusteè$ NewTrusteesare provlded wlth a Trustee Inductbn P3ck which Includes Informatlon on thelr legal obllgatlon5 under Charfty and CompanyLaw, the contsntof the Memorandum and Artlcles of Assoclatlon and the processes on declslon makSn8 w5thln the organlsatlon. These documents are also avallable at any tlme for3nyTru5tee vla a dedlcated webpage. Trustees are also encouraged to attend meetln8s of the Board of Directors to famlllarlse theMse￿e5 wlth the operations of the organI￿tIon. The Charltyencouragestrustees to attend, 4ttheirdiscretion, approprlateexternal trainlngeventswherethese wlll be of use lor the undertaking of the role. Updates and Clrculars on governance/role/charity issues are clrculated by ema51 to help apprfse trustees of current Issues affectlng thelr rolè astru￿ee$ and new Inforniatlon frgm the Charlty Commlsslon. Or8anlsatlonal Slrurture and dec151onmakl The company Is Ilmltèd by guarantee and règlstéred as a charfty under the Char￿leS Act 2011. It 15 8overned by Its Memorandum and Artlcles ol Assodatlon Lssued on 11 February 2009. The company enjoys charltable status for taxatlon purposes. IJO Director hès any beneflclal Interest In the chadtsble company. IAII dlrectors are members of the companyand gu8rantèe to contrfbute a r)Naxlmum of Eloeach In the eventof a wlndin8 up.> West Mldlands Central Aceldent Re5uscltatlDn and Emergency Team, Is a company Incorporated In England and Wales. The CARE tearn has a board of directors who meet at ￿ast Bi-annually and are responslble lor the strateglc directlon and policy of the charfty. The committee Ss rep￿sented by 8 varlety of professional backgrounds relevant to the work of the charlty. The Hon President and Hon Secretary aL￿ slt on the commlttse but have no votlhg rights. Rlsk Mqnagemènt The trustees have 6 r15k management strategy that include5.'. . An annual revlewof the r￿k$the charlty mayface . The establishrnentof systems and proeeduresto mttl8ate those rlsks Identlfled in the plan The Implernentstlon of prLKedures de51gned to mlnimlse any potentlal Impact on the charlty should they materlallse Wost Mldlands Central AGGld9nt RosusGitatlon EmgrggnGyTgam Trustees, Report for the Year Ended 31 March 2024 (Includlng Dlrectors, Report) OBJECTIVES AND ACTIVITIÉS ms olthe a)arlty The rellef of persons 5uffertng injury or illness by the prov151on of lrnrnedlate rnedlcal care. To è(fvan¢e the study of Immedlaie medlcal care bythe prO￿$10n of trdlnlng and research. The charlty provldes an enhanced (are team for moblllsatlon by West Mldlènds Ambulance SeNlte Ur>lversity NHS Founda￿0￿ Trust. Thls Isthe rnaln platformfrorn whlch the alms of the charlty are achleved. A remarkable voluntary prehospltal medkal team The contrlbutlons of all the organ15atlon'svolunteers is acknowled8ed and 8rntefulty app￿(lated, wfth special thanks to; Jack Lewls, Team Leader, WMAS MERIT. Jack has been seconded to CARE fr¢)m WMAStO SUPPK)rtthe tharlty In hL% role as head of operatlons. HIS dlllgent supporttothe organ15atlon. lendlng h55 expert15e and knowledge of ambulance setvlce proces5e5. ha5 been an Invaluable contrfbutlon towards the re5tartlng of cllnlcal actlvlty. County'5 Alr Ambulance HELP Appeal, fundlng support for 3 new response vehlcle. The HELP appeal donatlon for the team to acqulreand flta much needed upgrade tothefleet hasbeen a major contrSbutlon towardsthe ongolng clinical actNlty oftheteam. Prof. SlrKelth Porte*1 ￿5t Chalrofthe Board of Trustee5. Slr Kelth w1115tand downfrom hls post after manyyearsof dlllgentservlce to the charlty. H15 contrlbutlon to tts foundlng and the ongoln8 SUPPKlrt for the team has been unparalleled and Is honoured by mu¢h 8fdtltude from all tearn members, past and present. The team derlve5 Its Strength fromthe generous outpourlng of klndness and unwayerfng posltive supportfrom its members. Gfven t￿t a substantlal segment of our team volunteerthelrtlme and expertlse wlthout compensatlon, and recogn151ng the demandlng nature of thelrdally responslbllltles, the remarkable cllnlcal achlevements we have accompllshed overthe pastyear become all the more noteworthy. The trustees w15h to express thelr profound appreclatlon to every memberof thè CARE te3m, re8aidless of the extent of their Indlvldual contrlbutiOTh5. Operatlonal Adlvlty of the Charlty Due to the re¢ru5tment of an Interfm Cllnical Dlrector and In1Sal$on wlth the ￿elonal ambulance servlce. the clln5tal operatlons of the charftywere paused from February 5th 2024. In the 5ub5equent months, the senlDr leadershlp te3m embarked on an overhaul of the governance processes and pollcles to provlde assuranTrs to the West Mldland5 Ambulance Servlce IWMASI Enhanced Care leadershlp. In partlcular, the close worklng wlth WMAS management and the development of new IT Infrastructure have been central component of Improved clinical and chartty management. Throughout the hlatus In cllnlcal actlvity, the charftable alms ol the organlsatlon have been met through education and tralnlng pr¢)vlslon, community engagement and fundra151ng endéavours. With thanks tothe support from WMAS, as well ascharltyvolunteers, theteam successfully enabled the restart of cllnlcal actlvltle5 from October 1st 2024, wlth the Installa￿On of an updèted org8nlsatlonal chart and development of key role5 wlthin theteam. Looklng ahead, the team alm5 to further develop the technologlcal resllience of the org8n1￿tIOn. bulld greater cllnlcal coverage and strengthen organlsatlonal & cllnlcal strateOes. FINANICAL REMEW The maln expendltures In 2023-2418nd precedln8 years) contlnue to relate to vehicle operallons IfueVrepalrslservl¢lngl and the purchase of spet5allst medlcal eonsumables. The CARETeam received a restrlcted grJTht In the TEportlll8 period whlch zllowed the purchaseof newv0￿0 responsevehlcle. The Wesr Mldlands Ambulance 5ervlce Unlverslty NHS Foundatlon Trust contlnues to support the team by provldlng baslc medlcal consumables helpin8to ￿duce ouroperatlonal ¢osts. The County Alr Ambulance Trust HELP appeal eontlnue to support the team wlth an annual donatlon of £30,000- we are extremely grateful forthe Supwrt they prov(de the team and are pleased that they have Committed to 5UPPKlrtin8the team fora further 5 ye3rs12023 to 20271. The team contlnues to demonstrate Its value to the wlder preh05pttal system. W85t Mldlands CentralAGcld8nt Resuscltstlon Emergency Tgam Trustees. Report for thg Ygar Endod 31 March 2024 (Includlng Dlrectors, Report} RESERVES POLICY The Trustees have e5tabllshed a policy whereby the Un￿StrIcted fvnds not commltted or Invested In tanglble flxed assets should be bullt up by the charlty to account for 12 months of the expendlture of the organ15ation in add￿10Th to predlctable wlnd-upcosts. Unrestrlcted f￿e reserves ètthe year-end were £72,88012023 £81,219) Restricted ￿selveS atthe year-end We￿ £102,29812023 £90,8801 Restrlcted reserves are planned to be spent In the followlng flnanclal year to purchase lfvery for the vehlcle and consumablesfor the Mlrcel Syrln£e Pump ACHIEVEME1￿5 AND PERFORMANCE Through a combinatlon of direct clinical ￿ponSe, educatlon anil tralning the CARE team contlnues to achleve Its charftable alms and contlnues to demonstrate the provlslon of h58h stsndard enhanced care acr055 the re8ion. STRucfuRÉ, GOVERNANCEAND MANAGEMENT CARE TEAM MOVES TO ￿RITABlE INCORPORATED ORGANISATION The C4RE Team has moved to become a ao to take advantage of the reduced admlnlstratlve burden, separate legal Identlty, and Ilmlted Ilablllty for tts trustees. The transltlon to CIO was cornpleted on 241h June 2024. SMALL COMPANY PROVISION5 This report hès been prepared In 8ccordance vjlth the 5rnall companles reglme underthe Companles Art 2006 and In accordan￿ w￿h the Charities SORP IFRS 1021. Thetru5teeshave had re8ard totheCharltyCommlsslon'$guldance on public benefitln rnanaglngthe aC￿vItIes ofthe charfty. Approved bythe Boaid on 17th December 2024, slgned on Its behalf by.. Slenaturelsl Full namelsl Prof Slr Kelth PORTER Chairman of theTrustees Date.. Wost Mldlands Contral Accldent Resu8cStatlon Emergency Team Trustg9$' Rgsponslbllltles In relatlon to the Flnanclal Statemonts The trustees (who are also dlrectors of West Mldlands Central Accldent Re$u$¢ltstlon EmergencyTeam forthe purw5es of company lawl are re5ponslble for preparlng the Trustees, Annual Report and the flnan¢lal statement5 In accordance wlth appllcable law and the Unlted Klngdom Accounting stsndards Iunlted Klngdom GeTherallyAccepted AccoUntlngPractl￿l. Company law requlres the trustees to prep8re flnanclal statements for each finan¢lal yearwhlch Elve a true and falrvlew of the state of affalr5 of the charltable company and of the In¢omln8 resDurees and appllcatlon of resources, Includlng Income and eXpeThd￿Ure, of the tharltable cornpony for that perlod. In preparlng these flnanclal statements, the trustees are requlredto: 5eleGt 5uitsbleaecountlng pollcie5 and then apply them conslstently,. obsetve the methodsand prlnclples In the Charftles 50RP,. make ludgernentsand e5timate5 that are reasonable and pwdent,. state whetherapp15cable UK accountlng standard5 have been followed. subject to any materlal departures dlsclosed and explalned In the flnanclal statements., and prepare the finzncial statements on the golng concern basls unless It Is Inapproprlateto presume that the charltable company wlll contSnue In buslness. The trustees a¥e respon51ble for keeplng proper accountlng records that dlsclose wlth reasonable accuracy at any tlme the financlal posttlon of the charltable company and enable them to ensure that the financlal statements comply wlth the Companles Act 2006. They are also respon$lble for safeguardlng the a5set5 of the charitable company and hence for taklng reasonable 5tepsforthe preventlon and detectlon of fraud and other irregularfties. Independent Examlnevs Reportto the Trustg9s of West Mldlands Central Accldent Re5uscltatlon Emer8ency Team I report to the Trustees on my examinatlon of the financial statements of West Mldlands Central Accident Resuscitstion Emergency team Ithe charity) fDr the year ended 31 March 2024. Re5pon51bllltles and ba51$ of report As the frustees of the charity land also Its directors forthe purpose5 of corrpany lawl you are responslb1e for the preparation of the flnandal statements in accordance wlth the requlrements of the Companies Act 2QMJ6 (the 2006 Act). HavSn8 satSsfied myself that the flnanclal ststernents of the charfty are not requlred to be audlted under Part 16 of the 20(￿ Act and are ellglble for Sndependent examlnatlon, I report In respect of my examination of the charlws flnanclal statements carried out under sectlon 145 01 the Chèrltles Act 2011 Ithe 2011 Act). In carryin8 Out my examlnatlon I have followed all the applicable Directions given by the Charity Cornmisslon under 5ecUon 145lSllbl of the 2011 Act. Independentexaminer'5 ststement I have completed my examlnation. I confirm that no matter5 have come to my attentlon In connectSon wlth the examination 8ivin8 me cause to believe that in any material respect.. accountlng records were r￿t kept In respect of the charity as requlred by sectlon 386 of the 2006 A¢t,' or the flnandal statements do not accord wlth those records,. or the financial 5taternents do not comply with the aCcoun￿n8 ￿quIreMentS of section 396 of the 2006 Aet other than any requlrement that the accounts glve a true and fair view which 15 not a matter consldered as part of an independellt examination. or the financlal statements have not been prepared in accordance with the methods and prlnclples of the Statement of Recornmended Practice for accounting and reporting by charities applicable to ¢harltles preparlng their accounts In accordance wlth the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no cOn￿rn5 and have come across no other matters In connectlon with the ex3mination to whlch attention should be draw epoit In order to enable a proper understandlng of the flnanclal staternents to be reached Ellzabeth Needh?m ACA CTA IVATI Institute of Chartered Accountants, En8land and Wales Kendall Wadley LLP Granta Lodge 71 Graham Road Malvern, WR14 2JS Dats.. 17 iA&L W0St Mldlands Central AcGldent Resuscltstlon Emergency Team ststement of Flnanclal Artlvltles {Includlng In¢ome and Expendlturè A¢countl for the Year Ended 31 March 2024 Unrestrlded Restrf¢ted Total Funds 2024 Total Funds 2023 Note Income from: Donatlons and grant Income Charltable actfvitles Inve5trnent Income Total Inwme and endowments Éxpendttur¢ on.. 48,428 539 57,906 106,334 639 89,165 49,069 57,906 106,975 89,229 56,609 56,609 47,287 47.287 103,896 103,896 87,227 87,227 Totsl expendltu Net (expend]￿relI1n£0rnÈ Transfers 17,5401 17991 10.619 799 3W79 002 Net movèmertts Ih furtds Reconclllatlon of funds Total funds broughtforward Total funds ¢afflÈd forward 18.3391 3,079 002 81,219 72,880 90,880 102,298 171099 175,178 170,097 172,099 All of the aiarlty's act1v1t￿S derlve from contIn￿1ng0per3tl0D$ durfng the above perlods. The noteson pa8es 11 to 19 form an Integral part of these flnanclal 4atements, West Mldlands Central A¢cldent Resuscltsllon Emgrgon¢y Team Company re8lstrat5on number: 06816145 Balance Sheet as at 31 March 2024 2024 2023 Flxed a$$ets T8nglble assets Investments ios.sio 104,838 105,511 104,839 rrent assqt$ Debtor5 Cash at Imnk and In hand 15,460 55,304 70,764 5,725 67,322 73,047 Credttors: Amount5 falllNd due wlthlrt one year io 1,097 5,787 Nèt current a$sels 69,667 67,260 Net assets 175,178 172 099 Th fvnd$ofthecharlty'. RestrlctÈd funds 102,298 9)B80 Unrestrlcied fvnds Unrestricted Income funds 72,880 81,219 Totsl uftrestritted funds 72,880 81.219 Totsl unreslrlrted funds 175,178 172,099 Forthe ftnanckl year ended 31 March 2024, the eharlty was entltled to exemptlon from audlt uThdersectlon 477 of the Companles Act 2006. The members have not requlred the charltyto obtsin an audltof its accounts forthe year In questlon In accordance wlth sectlon 476 of the Act. The directors ècknowledgetheir ￿spOnSIbIlItIeS for complyln8 wlth the ￿qU5￿ments of the Act wlth respectto ac¢ountlng ￿cOrdS and the preparation o*account5. These account5 have been prepared In accordance wlth the FMov1￿Ons applicable to Comynles subject to the small companles re8lme. Approved bythe 8oard on 17th De￿mber 2024 and slgned on Its behalf by.. 11 m Prol K Porter Trustee io The notes on pages 11 to 19 form an Integral part of these ftnanclal statements. West Mldlands Central Accldent Resuscltatlon Emergency Team NotOS to tho Flnanclal Statements for thg Year Endod 31 March 2024 A￿oUntIng polldes West Midland5 Central kcldent Re$uscttafjon EmergenryTeam Is a company Ilmlted by guarantee, ￿gIstered In England 8nd Wales (Cornpany Number IW161451 and 4 charfty reglstered n England and Wales (charity number.. 11290271. Its reglstered office address Is Uo West Mldlands Flre Serv1￿ Headquarters. 99 Vaumhall Road, Nechells. Blmlngham. West Mldland5 87 4HW. Summary of $18nlftcant 8ccounlln8 pollcle5 and key accountlng estlmates The prfnclpal ac£ountlnE polkles applled In the preparatlon ol these flnanclal statements are set out below. These pollcles have been conslstently app11ed to all the years presented, unless otherwlse stated. ststement oftompllance The financial statements have been prepared In 3ccordance wlth Accountln8 and Rewrtlng by Charltles.. Statement of Recommended Practlce appllcable to charltles preparlng thelr accounts In accordance wlth the Finanrlal Reporting Standard 8ppllcable In the UK and Republlc of Ireland IFRS 1021 leffectlve ljanuary 20151 ICharitle5 SORP IFRS 10211, the Flnancial Reportlng Standard appllcable In the UK and Republlc ol Ireland (FR5 1021 and the Companles Act 2006. Basis of preparation The charltable company meets the definklon of a PLtbllc beneflt enttty under FRS 102. Assetsand Ilabllltles are InltSallv recognlsed at h15torlc31 cost or transactlon value unless Othe￿ISe stated In the relevant accountSng pollcynotes. Golng concern At the tlme of approvlng the flnanclal statements the trustees have a reasonable expectatlon that the charlty ha5 adequate resour¢e$ to wntlnue In operatlonal ex1sten￿ for the foreseeablE future and that there are no matefSal uncertalntles tsver its abilktyto continue. Thus the trustees adoptthe 8olng concern basis of accountlng in preparlngthe financial 5taternents. Fund accountlng pollcv Unrestrfcted Incorne funds are general fundsthat are avallable for use at the trustees, dlscretion In furtheran￿ of the oblectlves of thecharlty. Restricted fund5 are fundsthat 3re to be used in zccordance with the speclfic restrlctlons Imposed bythe donors. Further detalls of each fund are dSsclosed In note 13. Income and •ndowm0nt$ Donatlons are recognlsed wheTh the Charity has been notlfled In wrltlng of both the amount and settlement date. In the eventthat a donatlon Is sublectto condltlons that requ5￿ a level of perfom)ance bythe Charlty before the Charlty is entltled to the funds, the Income15 deferred and not recognlsed until elther those condltlons are fully met, or the fulfilment of those condltlons l$whollywlthln therontrol of the Charsiyand It Is probable thatthese condltlDn5 wlll be fulfllled in the reportingperiod. Legacyglfts are recogn15ed on a case bycase basls follovAngthe grdntof probate when the admlnlstr8tor/executorfor the estate ha5 communlcated In wrltlng both the amount and settlement date. In the event that the glft Is In thefomi of an asset other than cash or a financlal asset traded on a ￿cognISed stock exchange, recognltlon Is subject to the v4Iu2 of the gift belng rellably measured wlth a degree of reasonable accuracy and the title to the asset havlng been transferred to thecharlty. 61fts In klnd a￿ recoBnSsed In different ways dependent on howthey are used by the charty., lil Those donated for re531e produce incorne when they are sold. They are valued at the amount actually reallsed. {lil Those dorsated for onward transmisslon to beneflclaTie5 are Included In the Statement of flnanclal actlvltles as Incomlng resources and resources expended when they 8re dlstrtbuted. They are valued at the amount the eharlty would have had to payto acqulrethem. Iliil Those donated for use bythe Charlty ￿SelFare Includedwhen retslvable.Theyarevalued attheamount the Charfty would have had to pay to acqulrethem. li West Mldlands Central Accldent Resuscltatlon Em8rgonGy Team NotOS to tho Flnanclal Statements for tha Year Endod 31 MarGh 2024 Donated 5ervlcesand facllltles Donated professlonal serylces and donated facllltles are recogn15ed as Income when the charty h35 control over the Itern. any conditlons assoclated wlth the donated Item h8ve been met, the recelpt of ihe e¢onoml¢ benefft frorn these bythe charlty of the Item Is probable and that economic benefit can be measured rellably. In accordance wlth the Charltles SORP IFRS 1021 the volunteertlme of frlends Is not recognlsed. Readers should refer tothe trustees. annual report for more Infomiatlon about thelr contrlbutlon. Empendlture Llabllltles are recognlsed as soon asthere Is a leg81 orconstrvctfveobllgatlon cgmmlttlngthecharltytotheexpendlture. All expendlture Is accounted for on an accruals basls and has been classlfled under headlngs that agg￿Rate all costs related to thè cate80ry. Costs of ralsln8 funds are the CDSts a550clated wlth attrèctlng donatlons and le8acles. Charltable expendlture comprlses those costs Incurred bythe charlty in the dellvery of Its actlvitie5 and services for Its beneflclarles. It Include5 both costs that can be allocated dlre¢tlyto swh actlvitles and those costs of an IndSrect nature necessary to $upportthem. Support costs Support Costs Include central functlons at)d have been allocated to actfvity costcategories on a basls conslstent wlth the use of resour￿$, forexample, albcatlng propertycosts byfloorareas, or per caplta, stsff costs bythe tlme spent and othercosts bythelrusage. Taxatlon The Charlty Is consldered to pass the tests set out In Paragraph I Schedule 6 of the Flnante Art 2010 and therefore It meets the deftnltlon of a charftable company for UK corporation tax purposes. ACc￿dInglY, the Charity 1$ potentlally eKeTnpt from taxation In respect ol lThcome or capital gaills received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Sertlon 256 of the Taxatlon of Chargeable Galns Act 1992, to the extent that such income orgalnsare applled exduslvely to charitsble purposes. Flxed assets Individual flxed assets costlng EIOO or more hre lThitl8lly recorded at cost. Depreclgllon Depreciatlon Is pmthded on tanglble flx&d assets 50 as to wrlte off the ctsst or valuaik)n. less any estlmated reSId￿al value, overtheir expected l￿efUl economlc Itfe as follows.. 33% & 2D% straight Ilne 33% stralght Ilne 20% stralght Ilne Offieeequipment Motorvehlcles Medlcal equlprnent Investmerhts Flxed a55et investments are Included at market value atthe balance $heetd8te. Tradè D4btors Trade debtors are amounts due from customers for merchandlse sold or servlces perfomied In the ordlnary course of buslness. Trade debtors are recDgnised Inltially at thetransactlon prfce. They are subsequently measured at amortlsed cost uslngthe effectlve Interest method. lessprovlslonforlmpalrrnent. A provlslon forthe Impalrment of t￿de debtors 5$ establlshed when there Is oblectlve evldence thatthe Charfty will not be able to collecr all amounts due accordingto the orl8lnal temis of the￿ceIvable$. Cash and Cash Equlvalents Cash and cash equivalents Comprise cash on hand and call deposits, and other short-term hlghly Ilquld Investments that are readllyconvertlble to a known amount of cash and are subject to 3n inslgnlficant risk of change In value. 12 West Mldlands Contral Accldant Rèsuscltatlon Emeryency Team Notes to the Flnanclal Statements for the Year Ended 31 March 2024 Ilabllltles Trade ¢￿dItOrS are ¢*)Ilgatlons to pay for 8oodsor servlces that have been acqulrEd In the ordlnary course of bu51ness from suppllers. Accounts payaE)le a￿ classlfled ascurrent118billtles If the Charlty does not have an uncondltlonal rlght, 3t the end of the reportln8 period, to defer settlement of the credltor for 8t least twelve months after the reportlng date. If there 15 3n uncondltional right to defer5ettlement forat leasttwefve months afterthe reportlllg date, they are presented as non