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||||Page|
|---|---|---|---|
|Report ofthe Trustees (including<br>directors'||report)|5-19|
|Report ofthe Independent<br>Auditors|||20-23|
|Group Statement|of Financial Activities||24|
|Group Statement|of Financial<br>Position||25-26|
|Charity Statement|of Financial<br>Position||27 —28|
|Group Statement|ofCash Flows||29 —30|
|Charity Statement|ofCash Flows||31-32|
|Notes to the Financial Statements|||33-57|





||WILTSHIRE AIR AMBULANCE<br>CHARITABLE TRUST|WILTSHIRE AIR AMBULANCE<br>CHARITABLE TRUST|WILTSHIRE AIR AMBULANCE<br>CHARITABLE TRUST|WILTSHIRE AIR AMBULANCE<br>CHARITABLE TRUST|
|---|---|---|---|---|
|ADMINISTRATIVE|DETAILS OF THE CHARITY FOR THE YEAR ENDED 31DECEMBER 2023||||
|Presidents||Richard Youens|||
|||Chris Lear|||
|Board ofTrustees||Chris Lear (Chairman||until 20/09/2023)|
|||Rob Kevan (Chairman||from 20/09/2023)|
|||Mike Fellows (Vice Chair from 20/09/2023))|||
|||Anna Cole (Vice|Chair|until 20/09/2023)|
|||Kevin Basnett|||
|||James Phipps (resigned 22/02/2023)|||
|||Philip Shepherd|(resigned 20/02/2023)||
|||Nick Charlton|||
|||Shelley Rudman|(appointed<br>24/02/2023)||
|||Graham Seaman|||
|Company Secretary||Create Balance Limited|||
|Executive Management|Team|David Philpott (Chief||Executive)|
|||Barbara Gray (Deputy||CEO)|
|||Giorgio Bendoni|(Director ofAviation)||
|||Dr Maria Smith (Medical Director)|||
|||Danielle Friend (Director ofFinance &|||
|||Infrastructure)|||
|Company reg. no.||07805796|||
|Charity reg. no.||1144097|||
|Registered Office||Outmarsh|||
|||Semington|||
|||Wiltshire|||
|||BA146JX|||
|Auditors||Haines Watts|||
|||Newport Street|||
|||Swindon|||
|||Wiltshire|||
|||SN1 3DU|||
|Bankers||Lloyds Bank|||
|||38 Market Street|||
|||Devizes|||
|||Wilts hire|||
|||SN10 1JD|||





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||FOR THE|YEAR E|NDED 31DECE|MBER2023|||
|---|---|---|---|---|---|---|
||||||12month|14month|
||||||period to|period to|
||||||31December|31December|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|E|E|E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations and legacies||3|7,089,735|135,386|7,225,121|3,899,902|
|Other trading activities||4|1,584,991||1,584,991|1,817,136|
|Investment<br>income||5|103,525||103,525|84,429|
|Other income|||22,225||22,225|19,281|
|Total|||8,800,476|135,386|8,935,862|5,820,748|
|EXPENDITURE ON|||||||
|Raising funds||6|922,328||922,328|856,015|
|Charitable<br>activities||7-9|||||
|Helicopter operating<br>costs|||3,570,751|103,818|3,674,569|3,285,381|
|Operation<br>ofCharity|||671,080|14,600|685,680|698,289|
|Total|||5,164,159|118,418|5,282,577|4,839,685|
|NET INCOME/(EXPENDITURE)|BEFORE||||||
|NET GAINS/(LOSSES) ON INVESTMENTS|||3,636,317|16,968|3,653,285|981,063|
|Net gains/(losses)<br>on investments|||243,178||243,178|(399,013)|
|NET INCOME/(EXPENDITURE)|||3,879,495|16,968|3,896,463|582,050|
|Transfers between<br>funds||20|106,178|(106,178)|||
|Net movement<br>in funds|||3,985,673|(89,210)|3,896,463|582,050|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought forward|||10,207,091|139,712|10,346,803|9,764,753|
|TOTAL FUNDS CARRIED FORWARD|||14,192,764|50,502|14,243,266|10,346,803|





## 

## 

|||AT31|DECEMBER 2023||||
|---|---|---|---|---|---|---|
||||||31December|31December|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible assets||13|5,517,167||5,517,167|5,872,624|
|Investments||14|3,691,525||3,691,525|3,558,959|
||||9,208,692||9,208,692|9,431,583|
|CURRENT ASSETS|||||||
|Stocks||15|34,313||34,313|42,009|
|Debtors||16|5,779,045||5,779,045|1,711,457|
|Cash at bank|||1,049,685|50,502|1,100,187|1,477,427|
||||6,863,043|50,502|6,913,545|3,230,893|
|CREDITORS|||||||
|Amounts<br>falling due within one year||17|(1,174,804)||(1,174,804)|(1,194,840)|
|NET CURRENT ASSETS|||5,688,239|50,502|5,738,741|2,036,053|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||14,896,931||14,947,433|11,467,636|
|CREDITORS|||||||
|Amounts<br>falling due after more than one|||||||
|year||18|(704,167)||(704,167)|(1,606,944)|
|NETASSETS|||14,192,764|50,502|14,243,266|10,346,803|
|FUNDS||20|||||
|Unrestricted|funds||||14,192,764|10,207,091|
|Restricted funds|||||50,502|139,712|
|TOTAL FUNDS|||||14,243,266|10,346,803|





## 

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## 

|||AT31|DECEMBER 202|3|||
|---|---|---|---|---|---|---|
||||||31December|31December|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|f|f|f|
|FIXEDASSETS|||||||
|Tangible assets||13|5,512,323||5,512,323|5,867,219|
|Investments||14|3,696,525||3,696,525|3,563,959|
||||9,208,848||9,208,848|9,431,178|
|CURRENTASSETS|||||||
|Stocks||15|18,368||18,368|27,340|
|Debtors||16|5,768,863||5,768,863|1,703,408|
|Cash at bank|||962,106|50,502|1,012,608|1,435,806|
||||6,749,337|50,502|6,799,839|3,166,554|
|CREDITORS|||||||
|Amounts<br>falling due within one year||17|(1,163,400)||(1,163,400)|(1,189,338)|
|NET CURRENT ASSETS|||5,585,937|50,502|5,636,439|1,977,216|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||14,794,785|50,502|14,845,286|11,408,394|
|CREDITORS|||||||
|Amounts<br>falling due after more than one|||||||
|year||18|(704,167)||(704,167)|(1,120,833)|
|NET ASSETS|||14,060,618|5D,5D2|14,141,120|10,281,561|
|FUNDS||20|||||
|Unrestricted|funds||||14,090,618|10,147,849|
|Restricted funds|||||50,502|139,712|
|TOTAL FUNDS|||||14,141,120|10,287,561|





## 

## 



## 

|||||GROUP STATEMENT OF CASH FLOWS|GROUP STATEMENT OF CASH FLOWS|GROUP STATEMENT OF CASH FLOWS||
|---|---|---|---|---|---|---|---|
|||||FOR YEAR ENDED 31DECEMBER 2023||||
|||||||12month|14months|
|||||||period to|period to|
|||||||31December|31December|
|||||||2023|2022|
||||||Notes|E|E|
|Cash flows from operating||activities:||||||
|Cash generated<br>from operations||||||(8,071)|1,371,180|
|Net cash provided<br>by operating|||activities|||||
|||||||(8,071)|1,371,180|
|Cash flows from investing|activities:|||||||
|Purchase oftangible fixed assets||||||(166,639)|(29,649)|
|Purchase offixed asset investments||||||(3,274,312)|(862,274)|
|Sale oftangible fixed assets||||||||
|Sale offixed asset investments||||||3,384,923|803,488|
|Interest/dividends<br>received||||||103,525|84,429|
|Net cash provided<br>by (used||in) investing||||||
|activities||||||47,497|(4,006)|
|Cash flows from financing|activities:|||||||
|Capital repayments<br>in year||||||(416,666)|(486,111)|
|Net cash provided<br>by (used||in) financing||||||
|activities||||||(416,666)|(486,111)|
|Change<br>in cash and cash equivalents|||||in the|||
|reporting<br>period||||||(377,240)|881,063|
|Cash and cash equivalents||at the||beginning of||||
|the reporting<br>pedod||||||1,477,427|596,364|
|Cash and cash equivalents||at the end|||ofthe|||
|reporting<br>period||||||1,100,187|1,477,427|





## 

## 

## 

|||||12month|14month|
|---|---|---|---|---|---|
|||||period to|period to|
|||||31December|31December|
|||||2023|2022|
|||||f|E|
|Net income/(expenditure)|for the reporting||period (as per the|||
|statement offinancial activities)||||3,896,463|582,050|
|Adjustments<br>for:||||||
|Depreciation<br>charges||||522,096|610,402|
|(Gain)/loss on investments||||(243,178)|399,013|
|Loss on disposal offixed assets||||||
|Interest/dividend<br>received||||(103,525)|(84,429)|
|Decrease/increase)<br>in stocks||||7,696|(16,359)|
|(Increase) in debtors||||(4,067,755)|(285,039)|
|(Decrease)/increase<br>in creditors||||(19,868)|165,542|
|Net cash provided<br>by (used|in) operating|activities||(8,071)|1,371,180|





## 

|||||12month|14month|
|---|---|---|---|---|---|
|||||period to|period to|
|||||31December|31December|
|||||2023|2022|
||||Notes|f|f|
|Cash flows from operating|activities:|||||
|Cash generated<br>from operations||||(55,349)|1,406,622|
|Net cash provided<br>by (used in) operating||||||
|activities||||(55,349)|1,406,622|
|Cash flows from investing|activities:|||||
|Purchase oftangible fixed assets||||(165,319)|(29,649)|
|Purchase offixed asset investments||||(3,274,312)|(862,274)|
|Sale offixed asset investments||||3,384,923|803,488|
|Interest/dividends<br>received||||103,525|84,429|
|Net cash provided<br>by (used in) investing||||||
|activities||||48,817|(4,006)|
|Cash flows from financing|activities:|||||
|Capital repayments<br>in year||||(416,666)|(486,111)|
|Net cash provided<br>by (used in) financing||||||
|activities||||(416,666)|(486,111)|
|Change in cash and cash equivalents||in the||||
|reporting<br>pediod||||(423,198)|(916,505)|
|Cash and cash equivalents|at the beginning||of|||
|the reporting<br>period||||1,435,806|519,301|
|Cash and cash equivalents|at the end|ofthe||||
|reporting<br>period||||1,012,608|1,435,806|





## 

||||||12month|14month|
|---|---|---|---|---|---|---|
||||||pedod to|period to|
||||||31December|31December|
||||||2023|2022|
||||||E|E|
|Net income/(expenditure)||for the reporting||period|3,853,559|598,477|
|Adjustments<br>for:|||||||
|Depreciation<br>charges|||||520,215|608,757|
|(Gain)/loss<br>on investments|||||(243,178)|399,013|
|Loss on disposal of|fixed assets||||||
|Interest/dividends|received||||(103,525)|(84,429)|
|(Increase)/decrease|in stocks||||8,972|(12,112)|
|(Increase)/decrease|in debtors||||(4,065,455)|(267,428)|
|(Decrease)/increase|in creditors||||(25,937)|164,344|
|Net cash provided|by (used|in) operating|activities||(55,349)|1,406,622|





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|DONATION|S<br>AND L|EG|ACIES|||||
|---|---|---|---|---|---|---|---|
|||||||14month|14month|
|||||||period to|penod to|
|||||||31December|31December|
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|Funds|
|||||f|f|f|f|
|Donations|received|||721,650|16,046|737,696|821,333|
|Community|fundraising|||460,252|2,250|462,502|434,279|
|Corporate|employee|engagement||82,941||82,941|74,457|
|Corporate|donations|||90,402|12,570|102,972|96,954|
|Recycling||||3,529||3,529|33,270|
|Static income||||27,604||27,604|26,950|
|Friends of|Wiltshire|Air|Ambulance|17,777||17,777|20,966|
|Grants and|trust income|||94,281|61,532|155,813|317,130|
|Grants from Central||Government|||42,188|42,188|11,809|
|In Memorium||||165,505||165,505|204,530|
|Education|Programme||Engagement|17,866||17,866|7,994|
|Raffle||||92,261||92,261|159,021|
|Gift Aid||||65,051|800|65,851|64,311|
|Legacies||||5,250,616||5,250,616|1,626,898|
|||||7,889 735|135,388|7,225,121|3,899,9Ij2|





## 

## 

## 

|||||||||14month|14month|
|---|---|---|---|---|---|---|---|---|---|
|||||||||period to|penod to|
||||||||31|December|31December|
|||||||||2023|2022|
||||||Unrestricted|Restricted||Total|Total|
||||||funds|funds||funds|funds|
||||||6|E||E|E|
||Lottery||||1,274,519|||1,274,519|1,554,477|
||Fundraising|events|||92,177|||92,177|85,185|
||Rentalincome||||9,266|||9,266|11,819|
||Sundry income||||3,450|||3,450|1,150|
||Income from|trading|subsidiary||205,579|||205,579|164,505|
||||||1,584,991|||1,584,991|1,817,136|
|5.|INVESTMENT INCOME|||||||||
|||||||||12month|14month|
|||||||||period to|penod to|
||||||||31|December|31December|
|||||||||2023|2022|
||||||Unrestricted|Restricted||Total|Total|
||||||funds|funds||funds|funds|
||||||f|f||f|f|
||Deposit account interest||||31,055|||31,055|1,114|
||Income from|investment||portfolio|72,359|||72,359|83,302|
||Otherinterest||||111|||111|13|
||||||103,525|||103,525|84,429|





## 

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## 

## 

## 

||||||12month|14month|
|---|---|---|---|---|---|---|
||||||period to|period to|
||||||31December|31December|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||E||E|f|
|Staff costs|||439,333||439,333|405,629|
|Challenge|Events||10,684||10,684|14,698|
|Online donation||costs|11,696||11,696|10,468|
|Volunteer|expenses||107||107|271|
|Volunteer|equipment||1,614||1,614|6,906|
|Schools, colleges||&educational|||||
|resources|&expenses|||||1,071|
|Fundraising|equipment||1,872||1,872|4,410|
|Outsourced|services||12,541||12,541|7,945|
|Raffle costs|||71,789||71,789|76,386|
|PR and marketing|||128,168||128,168|153,876|
|Internal<br>events|||493||493|2,198|
|Legacy notifications|||4,980||4,980|2,218|
|Website refresh|||41,820||41,820||
|Notional expense||for gifts in kind|36,072||36,072|30,245|
||||761,169||761,169|716,320|
|Other trading activities|||||||
||||||12month|14month|
||||||period to|period to|
||||||31December|31December|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||E|E|E|E|
|Fundraising|costs||29,748||29,748|7,937|
|Costs ofrunning||the trading subsidiary|108,980||108,980|112,342|
||||138,638||138,728|120,279|





## 

## 

## 

||||||12month|14month|
|---|---|---|---|---|---|---|
||||||period to|period to|
||||||31December|31December|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||E|E|f|f|
|Fund|managers|fees|22,431||22,431|19,416|
|Total|raising funds costs||922,237||922,328|856,015|





## 

## 

## 

## 

|||||Support||
|---|---|---|---|---|---|
|||Direct costs||costs|Totals|
|||(See note|8)|(Seenote 9)||
|||E||E|E|
|Helicopter|operating costs|3,674,569|||3,674,569|
|Operation|ofCharity|||685,680|685,680|
|||3,674,569||685,680|4,360,249|
|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||
|||||12month|14month|
|||||period to|period to|
||||31|December|31December|
|||||2023|2022|
|||||E|E|
|Bell 429 helicopter||||3,312,771|2,955,383|
|Operation|centre costs|||361,798|329,998|
|||||3,674,569|3,285,381|
|SUPPORT|COSTS|||||
|||Operation|of|Governance||
|||Charity||costs|Totals|
|||E||E|6|
|12month|period 2023 Operation ofCharity|637,611||48,069|685,680|
|14month|period 2022 Operation ofCharity|667,119||31,170|698,289|





## 

## 

|||12 month|14 month|
|---|---|---|---|
|||period to|period to|
|||31December|31December|
|||2023|2022|
|||f|E|
|Wages||249,672|228,859|
|Outsourced<br>services||226,690|216,878|
|Staff training<br>and development||13,914|11,568|
|Staff entertaining|||106|
|Travelling<br>and Accommodation||4,010|2,962|
|Subsistence||62|27|
|Printing||1,247|699|
|Photocopier costs||1,702|1,875|
|Postage and Carriage||5,022|4,094|
|Office Stationery||1,146|1,616|
|Website||1,608|3,354|
|Tributes||2,047|381|
|Mileage Claims||2,695|1,389|
|Profit/loss<br>on currency exchange||20,918|49,493|
|Insurance||2,042|23,227|
|Workwear<br>and|uniforms|861|4,049|
|Motor expenses||2,610|778|
|Bank charges||1,956|2,223|
|PDQ Merchant|Charges|2,241|2,669|
|Subscriptions||37,524|39,201|
|Security Costs||1,649|1,385|
|Office Equipment||411|2,027|
|HR Support||49,270|55,524|
|Health and wellbeing||7,849|11,808|
|UK entertaining||60|259|
|Depreciation<br>oftangible fixed assets||405|668|
|||637,611|667,119|





## 

## 

## 

## 

|||||12month|14month|
|---|---|---|---|---|---|
|||||period to|period to|
||||31|December|31December|
|||||2023|2022|
|||||f|E|
|Auditors'|remuneration|||10,270|10,290|
|Governance||||16,213|17,104|
|Legalfees||||9,686|2,776|
|Consultancy||fees||11,900||
|||||48,069|31,170|



## 

|Net (expenditure)/income|Net (expenditure)/income|Net (expenditure)/income|isstated after charging/(crediting):|||
|---|---|---|---|---|---|
|||||12month|14month|
|||||period to|penod to|
|||||31December|31December|
|||||2023|2022|
|||||E|E|
|Auditors'|remuneration|||9,370|9,390|
|Auditors'|fees for other services|||900|900|
|Depreciation||-owned assets||522,096|610,402|
|Impairment||offixed assets||||
|Loss on|disposal offixed assets|||||



## 



## 

|STAFF COSTS||||
|---|---|---|---|
|||12month|14month|
|||period to|period to|
|||31December|31December|
|||2023|2022|
|||f|f|
|Wages and salaries||1,232,536|1,040,522|
|Social security costs||118,331|112,059|
|Pension costs||140,981|93,041|
|Staff costs for trading|subsidiary|48,431|47,213|
|||1,540,279|1,292,835|



||Group||
|---|---|---|
|2023||2022|
|28||26|
||Charity||
|2023||2022|
|26||24|



|The num<br>of more|ber ofemployees<br>who received total em<br> than f60,000 is as follows:|ployee<br>benefits (excluding employer<br>pe|nsion costs|
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|E60,000|- E69,999||1|
|E70,000|- f79,999||1|
|E80,000|- E89,999||3|
|E90,000|- f99,999||1|





## 

## 

## 

## 

|GROUP TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||||Fixtures,|
||Freehold||fittings &|
||property|Helicopter|equipment|
|COST||||
|At 1January 2023|3,824,682|4,981,132|806,832|
|Additions|20,000||83,950|
|Disposals|||(42,076)|
|At 31December 2023|3,844,682|4,981,132|848,706|
|DEPRECIATION||||
|At 1January 2023|730,943|2,335,338|685,360|
|Charge for year|142,777|276,781|83,960|
|Disposals|||(42,076)|
|At 31December 2023|873,720|2,612,119|727,244|
|NET BOOK VALUE||||
|At 31December 2023|2,970,962|2,369,013|121,462|
|At 31December 2022|3,093,739|2,645,794|121,472|
||Motor|||
||vehicles|Website|Totals|
||E|E|f|
|COST||||
|At 1January 2023|63,530|4,320|9,680,496|
|Additions|62,689||166,639|
|Disposals||(4,320)|(46,396)|
|At 31December 2023|126,219||9,800,738|
|DEPRECIATION||||
|At 1January 2023|51,910|4,320|3,807,872|
|Charge for year|18,577||522,096|
|Disposals||(4,320)|(46,396)|
|At 31December 2023|70,487||4,283,571|
|NET BOOK VALUE||||
|At 31December 2023|55,732||5,517,167|
|At 31December 2022|11,620||5,872,624|





## 

## 

## 

|CHARITY TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||||Fixtures,|
||Freehold||fittings &|
||property<br>f|Helicopter<br>f|equipment<br>f|
|COST||||
|At 1January 2023|3,824,682|4,981,132|791,394|
|Additions|20,000||82,630|
|Disposals|||(42,076)|
|At 31December 2023|3,844,682|4,981,132|831,948|
|DEPRECIATION||||
|At 1January 2023|730,943|2,335,338|675,328|
|Charge for year|142,777|276,781|82,080|
|Disposals|||(42,076)|
|At 31December 2023|873,720|2,612,119|715,332|
|NET BOOK VALUE||||
|At31December 2023|2,976,962|2,369,913|116,616|
|At31December 2022|3,093,739|2,645,794|116,066|
||Motor|||
||vehicles|Website|Totals|
||f|f|f|
|COST||||
|At 1January 2023|63,530|4,320|9,665,058|
|Additions|62,689||165,319|
|Disposals||(4,320)|(46,396)|
|At 31December 2023|126,219||9,73,980|
|DEPRECIATION||||
|At 1January 2023|51,910|4,320|3,797,839|
|Charge for year|18,577||520,215|
|Disposals||(4,320)|(46,396)|
|At 31December 2023|70,487||4,71,658|
|NET BOOK VALUE||||
|At 31December 2023|55,732||5,512,323|
|At 31December 2022|11,620||5,867,219|





## 

## 

## 

||||31December|31|December|
|---|---|---|---|---|---|
||||2023||2022|
||||f||f|
|Investment||portfolio|3,691,525|3,558,959||
|CHARITY|FIXEDASSET INVESTMENTS|||||
||||31December|31December||
||||2023||2022|
||||f||f|
|Investment||in subsidiary|5,000||5,000|
|Investment||portfolio|3,691,525|3,558,959||
||||3,696,525|3,563,959||
|Investment||portfolio||||
||||31December|31|December|
||||2023||2022|
||||f||f|
|At 1January||2023|3,558,959|3,899,186||
|Additions|||3,274,312||862,274|
|Disposal|proceeds||(2,867,923)||(983,198)|
|Cash movement|||(517,001)||179,710|
|(losses)/gain|||243,178||(399,013)|
||||3,991,323|3,539,939||
||||2023||2022|
||||f||f|
|Bonds|||735,904||503,169|
|Equities|||1,806,655|2,108,700||
|Alternative||investments|570,469|||
|Commodities|||141,724|||
|Global investments|||||219,349|
|Absolute|Return||||105,785|
|Property|||||59,552|
|Other|||||304,143|
|Cash|||436,773||258,261|
||||3,691,525|3,558,959||





## 

## 

|A summary<br>of|the results ofthe subsidiary<br>are|as follows:-||
|---|---|---|---|
|||12month|14month|
|||period to|period to|
|||31December|31December|
|||2023|2022|
|||E|6|
|Turnover||205,579|163,963|
|Otherincome|||542|
|Cost ofsales||(9,696)|(14,316)|
|Gross profit||195,883|150,189|
|Administrative|costs|(99,284)|(98,026)|
|Net profit||96,599|52,163|



## 

|||||||31December|31December|31December|
|---|---|---|---|---|---|---|---|---|
|||||||2023||2022|
|||||||E||E|
|Tangible|fixed assets|||||4,844||5,405|
|Current|assets|||||131,262||81,728|
|Current|liabilities|||||(28,960)||(22,891)|
|Net current||assets||||102,302||58,837|
|||||||107,146||64,242|
|Represented<br>by|||||||||
|Share capital||||||5,000||5,000|
|Reserves||||||102,146||59,242|
|Aggregate||share capital and reserves||||107,146||64,242|
|STOCKS|||||||||
||||||Group|Charity|||
|||||31December|31December|31December|31|December|
|||||2023|2022|2023||2022|
|||||E|E|E||E|
|Goods purchased|||for resale|15,945|14,669||||
|Aviation|fuel|||18,368|27,340|18,368||27,340|
|||||34,313|42,0D9|18,368||27,340|



## 



## 

## 

|||||Group|Chadity|Chadity||
|---|---|---|---|---|---|---|---|
||||31December|31December|31December|31|December|
||||2023|2022|2023||2022|
||||f|f|f||f|
|Trade debtors|||15,457|15,054|2,261|||
|Amounts|owed by group undertakings||||17,556||17,389|
|Other debtors|||13,593|16,049|8,968||5,665|
|VAT|||57,017|70,196|57,017||70,196|
|Prepayments||and accrued income|5,692,978|1,610,158|5,683,061|1,610,158||
||||5,779,045|1,711,457|5,768,863|1,703,408||



## 

|||||Group|Charity|Charity||
|---|---|---|---|---|---|---|---|
||||31December|31December|31December|31|December|
||||2023|2022|2023||2022|
||||f|f|f||f|
|Hire purchase|(see note 19)||416,666|416,666|416,666||416,666|
|Trade creditors|||446,646|197,685|445,722||196,439|
|Social security|and other taxes||39,632|34,041|33,147||31,236|
|Other creditors||||1,451||||
|Accrual and deferred||income|271,860|544,997|267,866||544,997|
||||1,174,804|1,194,840|1,163,401|1,189,338||



## 

|18.|CREDITORS: AM|OUNTS<br>FALLING D|UE AFTER MORE TH|AN ONE YEAR|||
|---|---|---|---|---|---|---|
|||||Group|Chadity||
||||31December|31December|31December|31December|
||||2023|2022|2023|2022|
||||f|f|f|f|
||Hire purchase (see note 19)||704,167|1,120,833|7D4,167|1,12D,833|
|19.|LEASING AGREEMENTS||||||
||||||Hire purchase|contracts|
||||||Group and|charity|
|||||31December 31December|||
||||||2023|2022|
||||||f|f|
||Net obligations|repayable:|||||
||Within one year||||416,666|416,666|
||Between one and five years||||704 167|112~833|
||||||1,120,833|1,537,499|





## 

## 

## 

|||Group|Charity|Charity||
|---|---|---|---|---|---|
||31December|31December|31December|31|December|
||2023|2022|2023||2022|
||f|f|f||f|
|Not later than one year|17,416|19,000|17,416||19,000|
|Between one and five years||17,416|||17,416|
||17,416|36,416|17,416||36,416|





## 

## 


|MOVEMENT IN FU|NDS||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement<br>in|between||
||||At 01/01/23|funds|funds|At 31/12/23|
||||E|f|f|f|
|Unrestricted<br>Funds|||||||
|General fund|||8,489,399|3,835,182|(1,908,904)|10,415,678|
|Designated<br>funds|||||||
|Bell 429 —Balloon|payment||600,000|||600,000|
|Replacement<br>aircraft and other mission|||||||
|critical projects|||1,000,000||2,000,000|3,000,000|
|Flying kit &equipment|||1,101||(1,101)||
|Paramedic training|and|equipment|1,817||(1,817)||
|Airbase —Sinking fund||—Capital Renewals|||||
|Programming|||50,940||18,000|68,940|
|24 in 24 Lyoplas|||4,592|(4,591)|||
|Emergency awareness||training||1,000||1,000|
|Blood transfusions||||5,000||5,000|
||||10,147,849|3,836,591|106,178|14,090,618|
|Restricted Funds|||||||
|Research project|||999|||999|
|Video Laryngoscope|||2,421||(2,421)||
|Night vision goggles|||43,924|(1,651)|(32,512)|9,760|
|Paramedic/doctor|Salaries||28,888|10,465||39,354|
|Critical Care Car|||63,076||(62,687)|389|
|Capnograph|||404||(404)||
|Loca machine||||8,154|(8,154)||
||||139,712|16,968|(106,178)|50,502|
|TOTAL FUNDS OF THE||CHARITY|10,287,561|3,853,559||14,141,120|
|Funds ofthe subsidiary||(unrestricted)|59,242|42,904||102,146|
|TOTAL FUNDS OF THE||GROUP|10,346,803|3,896,463||14,243,266|





## 

## 



## 



## 

||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted<br>funds|||||||
|General fund|||8,583,897|(4,991,893)|243,178|3,835,182|
|Designated<br>funds|||||||
|Blood Products|||10,000|(5,000)||5,000|
|Emergency awareness||training|1,000|||1,000|
|24 in 24 Lyoplas||||(4,591)||(4,591)|
||||8,594,897|(5,001,484)|243,178|3,836,591|
|Restricted funds|||||||
|Paramedic/doctor|Salaries||70,064|(59,599)||10,465|
|Lucas Machine|||8,534|(380)||8,154|
|PinS Approach|||42,188|(42,188)|||
|Night vision goggles||||(1,651)||(1,651)|
|Emergency Awareness||Training|14,600|(14,600)|||
||||135,386|(118,418)||16,968|
|TOTAL FUNDS OF THE||CHARITY|8 73D,283|25,119,9D27|243,178|3,853,559|
|Funds ofthe subsidiary||(unrestricted)|205,579|(162,675)||42,904|
|TOTAL FUNDS OFTHE||GROUP|8,935,862|(5,282,577)|243,178|3,896,463|





## 

## 

## 

## 

|Comparatives<br>for||ov|ement<br>in funds||||||
|---|---|---|---|---|---|---|---|---|
||||||Net movement|Transfers|||
||||||in funds|between|||
|||||At 1/11/21||funds|At|31/12/22|
|||||6||E||E|
|Unrestricted<br>Funds|||||||||
|General fund||||8,038,601|470,508|(19,710)||8,489,399|
|Designated<br>funds|||||||||
|Bell 429 —Balloon payment||||600,000||||600,000|
|Replacement<br>aircraft and other mission|||||||||
|critical projects||||1,000,000||||1,000,000|
|Flying kit &equipment|||||(3,136)|4,237||1,101|
|Blood Products|||||4,237|(4,237)|||
|Paramedic<br>training||and|equipment|4,527|(1,420)|(1,290)||1,817|
|Airbase —Sinking fund|||—Capital Renewals||||||
|Programming||||29,940||21,000||50,940|
|Operational<br>Equipment||||136|(136)||||
|New Uniforms||||1,756|(1,756)||||
|24 in 24 Lyoplas||||10,152|(5,560)|||4,592|
|||||9,685,112|462,737|||10,147,849|
|Restricted Funds|||||||||
|Research project||||999||||999|
|Video Laryngoscope||||2,421||||2,421|
|Essential paramedic||equipment||148|(148)||||
|Night vision goggles|||||43,924|||43,924|
|Paramedic/doctor|Salaries||||28,888|||28,888|
|Critical Care Car|||||63,076|||63,076|
|Capnograph||||404||||404|
|||||3,972|135,740|||139,712|
|TOTAL FUNDS OFTHE|||CHARITY|9,689,084|598,477|||10,287,561|
|Funds ofthe subsidiary|||(unrestricted)|75,669|(16,427)|||59,242|
|TOTAL FUNDS OF THE|||GROUP|9,764,753|582,050|||10,346,803|





## 

||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted<br>funds|||||||
|General fund|||5,446,654|(4,577,133)|(399,013)|470,508|
|Designated<br>funds|||||||
|Flying kit and equipment|||5,000|(8,136)||(3,136)|
|Paramedic<br>training|and|equipment||(1,420)||(1,420)|
|Blood Products|||5,000|(763)||4,237|
|MEQU Blood Warmers|||3,000|(3,000)|||
|New Uniforms||||(1,756)||(1,756)|
|Operational<br>equipment||||(136)||(136)|
|24 in 24 Lyoplas|||110|(5,670)||(5,560)|
||||5,459,764|(4,598,014)|(399,013)|462,737|
|Restricted funds|||||||
|Essential Paramedic|equipment||3,113|(3,261)||(148)|
|Paramedic/doctor|Salaries||71,157|(42,269)||28,888|
|Lyoplas (blood substitute)|||7,659|(7,659)|||
|Fuel|||2,500|(2,500)|||
|Night vision goggles|||43,924|||43,924|
|EAT choking vests|||1,000|(1,000)|||
|Emergency Awareness||Training|4,050|(4,050)|||
|Critical Care RRV|||63,076|||63,076|
|Essential Paramedic|equipment||3.113|(3,261)||(148)|
||||196,479|(60,739)||135,740|
|TOTAL FUNDS OF THE||CHARITY|5,656,243|(4,658,753)|(399,013)|598,477|
|Funds ofthe subsidiary||(unrestricted)|164,505|(180,932)||(16,427)|
|TOTAL FUNDS OFTHE||GROUP|5,820,148|(4,839,585)|(399,013)|582,050|





## 

## 

##