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← Coast Medic

2021-06-30-accounts

Company Number: L81216n COAST MEDIC TRusfEES' REPORT AND FINANCIAL sTATEmE￿r5 FOR THE YEAR ENDED 30 June 2021 4r45A)DEQ Page1 of 11

COAsf MEDIC LEGAL AND ADMINisfRATIVE INFORMATION FOR THE YEAR ENDED 30 June 2021 Company Number 081216n Tremouth IM¢)￿￿ Cen Penryn. Cornwall. TR10 wfA Pagezof 11

COASTMEDIC coKrENrs FOR THE YEAR ENDED 30 June 2021 Trustees. Rewrt Irklependent Examfnerf$ Report state￿nt of FlnanlcaL ArtMtle5 Balance Sheet Notes to the Flnancfal Statements Pa8e3of 11

COAST MEDIC TRUSTEES. REPORT FOR THE YEAR ENDED 30 June 2021 The trustee5 present thelr annual report and Ilnanclal stat•m•nts for ￿&r èndèd 30 Jurt• 2021 ectlves and Ac Sumrnary of th• purpo¥e> ofthg charlty as set out In ItsBovernlni document To relleve slcknes$ and preserve and protect health prlmarlly In the Unlted Kln8dom by the provlslon of medlcal ald In offshore & Inshore waters and coastal 5horellne areas. Surnrnary of th• maln actlvftle5 In relatlon to those purpows for the publ1¢ benefit, In partlcular.. the actfvltles. proJ¢rts or S￿￿¢•$ 1d•ntlfl￿ In thè acctyJnt 11 New trnlLer purchased for Inshore ambulance CM200 Trnnsco to faclllt•te d•ployment of ambulance boat to events In the Southw•st. 21 Up8rad•d P•tlent M￿nItOr forwovldlnq Improved medlul ur• at m•rfn• •￿nts. 31 Communlty trnlnln8 and deflbrlllator awareness In co•ital vlll•q•s In th• Southw•st. St•t•m•nt conflrmlniwh•ther th• trustees havehad r•8ard to th• 8•Jldan¢•lMu•d by th• CharltyC•)mmlJlon on publkbenoflt The truslees conllrm thit thy havt had r•Baft1 to the qufdanc IwJd by tlw c￿rItY Commlsllon on publlc benefit In the perform•nce of thefr dutle5. In partlcular, the tntstees ensure Ihai all actI￿lIeS aTrd declslon5 made by charlty further Its charltable obJectlv•s and prov6d clear publlc ben•Ai In accordance wlth the le8al reqU1￿mentS. The trustee5 regularly rthew the charlty's 4lCtlvltles to ensure compllance wlth t publlc bertefti requlrement, and Cont1n￿ to make declslons that promote ihe welfare and well.beln8 of the IndI￿dual$ and cornmunllles w s•w. lev ornianc Summary of th• m•ln•thl•v•m•nts of th• charlty. Id•ntlfylni the dI￿renC• th•ch•rlty's vMrk has m•d• toth• clrcumst•nvJ •f ￿￿en•fICI￿r1•l and any VAder￿n•11t* to wcl•ty as awhol? Communlty tralnlnl In the usè of publlc •cce55 deflbrlllators wlthln the $3uthwest. support for fundralslnq for new publle •tttrK deflbrlllators. Provlslon lor flrst ald at coastal •v•nts throu8hout Southwest. Revl•w of th• charlty's flnandal posltlon at th• •nd of the perfod At the •nd ol the rèportfn8 pedod, the charfty remalns In a stron8 flnanclal posltlon. We have successfully been able to expand our ambulance fleet wlth the purch)se of J speclallst 4¥4 vehlcle, en5udn8 we are fully equlpp•d to contlnuè dell¥erln8 hlqh.quallty $eTrIc￿ to the communlty. Addltlonally. we have Invested In uporadlnq essentlal ffledlcal •qulpment to m•fnt•ln the elY•ct1￿n•SS Ind efficlèncy of our operatlon$. Thank5 to the funds #enerated ¢)ver the year, we were al￿ able to provbd• ￿¢&1 communlty tralnln8. furtherfn8 our ml551on to support and educate local IndfvldLw15 and groupSi some of whkh wa5 provtded remoteLy. FurtherrrKJre, charlty rtcèfbed £9,CAJO In 8rant fundlni from local councll. whlch has been Inrtrumental In 5UPPOrtlnR our operntions. especlally durtn8 the COVIO perlod when publlc fundra151n8 wa5 rnore restrfcted. Th15 finandal support. comblned wlth careful budRetlni and prudent flnanclaL rn4naqement, has ensured thit we contlnue tLI thrlve drylte t￿e thallenges faced. Cjverall, the charfty's flnandal ￿tLOOk remalns posltlve, enabllns u5 to contlnue meetln8 our obJectfve5 and expandln8 our Impact ID the communlty. Statement expialnlni thepollcy for holdlnq reser¥e55tatln¥ why they •re held Th• charfty malntalns reser4ps to ensure ftnanclal stablllty and to enable us to respond effectfvely to unexperted challenges or opportunllies. [￿rIng the pjndemlc. we fa￿d slgnlllcanl challenps. In¢luthng Page4of 11

restrfctlon5 on publlc fundralsln8. whlch made ft necessary to U51L15e these reserve5 to up#rade e5sentlal equlpment antl contlnue dellvertn8 vltal 5eThlce5 to the communlty. Whlie these reserves have been used to support critical opèratlonal need5, wè rècognlze the Imp)rtance of malntalnln8 a 5ufficlent Level of reserves to safeguard the tharftY$ long-temi $vstalnabl(Ity. As a result, over thè next financlal year, the charfty VAIL locus on repLeni5hing It5 re5¢rves to ensure we are well-posltloned to meet futurechallen#e5 and contlnue our work wlthout dlsfuptlon. Amount o* r95erve5 held £45.479.22 NIA Detalls of fund materlally In defkft There arè no deftlts. Explanatlon of anyun¢ert4lntle$ about theeharlty ¢￿tInUIn# as a 8oln8¢oneern At present, Coast Medlc does not face any ImmedSate coneems regardlng Its ablllty to contlnue as a 8oln8 concem. However, It 15 ImF4Jrtant to note thar whlie our operatlons are stable, the on8oln8 Impact of the pandemfc may present some uncertalntles for the charity In the future. The contlnued challen8es posed by CQVID-19 could p)tentfalLy affect our ablllty to carry certaln aCtI￿tIes> partlcuiarly In area5 that requlre In"per50n Interactlon, as well as Ilmft opportunftles for publlc fundraising. Thèse fartors may have an Impact on our ftnanefal pJsltlon ¢wer the coming yèars. Nonetheless. the charfty remafjns commltted to adaptln8 to these challenges and wlll conttnue to monltor and assess the sltuatlon to Ènsure we fflalntaln our ablllty to de15ver essentfal serylces to the eommunity. Structure e andmana ement Type Of govornln8 document The govemln8 document of the ehadty Is tht Artfcles of A550clatlon. whlch are held by both the Charfty Commls51on and Companles House. Th1$ document outllnes the charitys objectfves, qovernance structure, and operatlonal framework. How Is the charlty constltuted7 charlty Is constltuted as a nor-for-proflt company Ilmfted by 8uarnrttee and Is also reglstered as a charfty wlth the Charfty Commisslon. Thls Structure ensures that the chartty operates wlth the nece553ry legal and flnaneial prote¢tfons whlle fulflllln8 Its charftable objectlves. Trustee Select1¢￿ method51ncludln8 detalis of any conjtltutlonal provlslons e.8.electlon to port or narne •fany p•rson or body entltledto appolnt one or mor¥trus¢••s There have been no thonges to the Board of Trustees thls year. The charfty's current trustees are appolnted In accordance wlth our 8ovemln8 document5, whfch outllne the procedures for trustee 5eiectlon. Tru5tee5 may be elected or 4ppolnted based on the needs of the chadty and In line Trthth the skflls and experlence requlred to effettlvely govtm and oversee our actlvltle5. LcKJkln8 to the future. the charfty alms to attract new potentlaL tru5tee5 to further st￿ngthen the Board. We are working towards Increasln8 the number of trustees to five. ensurfn# a dlver5e range of pe￿pertIveS and •xpert15e to 5UPPOrt the charlty's 8mwth and success. Th15 report by the trustee and 518ned on Its behalf by: Luke T Trustee or Date: 29 Aprtl 2025 Page5of 11

Clernatis Cott8ge Thesquare Tregony Truro TR2 5RS May 2025 Dear Trustees, Subject: Indepondént Examlnatlon Report for"Coast Medlc" I have completed the Independent examlnatlon of Co88t Medlc's flnanclal r8cord8 and accounts forthe fl8cal year endln8 30, June 2021. Th18 8xamln8tlon 8n8ure8 8ccur8cy and compllance wlth fln8ncl818t8ndard8. I have revlewed th8 r8cord$ and cross chgcked them wlth the eccounts. I have elso consldered any unusual Items or dlsclosures. l am ple88ed to report that the accounts eiign wlth the records 8nd meel regulatoryrequlrements, and l am happythatthey are 8 true and accurate record. Feel free to contsct me at lo&labwiLLAyJ23@￿￿ for any cL8rlflc8tlon. Klnde8t reg8rd8 Jo818h Wllley

COAST MEDIC STATEMEKf OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 30 June 2021 Recommended ¢ate8orl•s by artlvlty Income and endowments from.. Donatlons and le8ades Charftable artivities Unre5trf fund5 Total F unds 2021 28,988.34 28.988.34 2.596.25 2,596.25 Total 31,584.59 31,584.59 Expendlture on: Raf51n8 funds 4,238.82 4.238.82 Charltabie actmtles 12,428.60 12.428.60 Other 13,434.C#l 13,434.00 Tot•1 30,101.42 30,101.42 Net Inc¢xne/(expendlture) 1.483.17 1.483.17 Net movement In fur￿5 1.483.17 1,483.17 Re¢ondll4tlon of funds: Total funds brought forward 43,996.05 43.996.05 Total funds carrkd forward 45.479.Z2 45,479.22 Page7of11

COAST MEDIC BALANCE SHEEr FOR THE YEAR ENDED 30 June 2021 Recommended cate8orles by actI￿ty Flxed assets Tanglblt assets Lknre5trl cted funds Total F und$ 2021 Notes 41.951.86 41.951.86 Total flxed assets 41,951.86 41.951.86 Current assets Cash at bank and In hand 7,262.46 7.262.46 Total current as8ets Creditors: amount5 faLllng d wlthln one year Net current assetsJ(Il•bllltl•s) 7.262.46 7.262.46 10 3.735.10 3,735.10 3.517.36 3.527.36 Total n•t ass•ts or Ilabllltles 45.479.ZZ 45,479.22 Funds of the Charlty Unre5tr1cted fund5 45.479.22 45.479.22 Restrlcted Income fvnds Endowment fund5 11 Total funds 45.479.22 45,479.22 The ffnanclal ststement5 ￿re approved by the trustees on29 April Z025 and signed on Its behalf iry: Luk Trustee Date . 29 Aprll 2025 Page8of 11

COAST MEDIC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2021 1. Accountlng Pollcles The prfnclpal accountlng pollclés adopted by the Charfty, whlch 15 a publlc beneflt entlty. In th• preparatlon of the account$ are a5 follows. 1.1 Bas15 of preparatlon Th•5e accounts have been preP)￿d under the hlstorlcal cost a￿ventIOn, as modlfied by the Inclu51on of chttdtable propertles and flxed asset Investments and Inv•stment propert1•5 at vlluatfon. These accounts h•vt btèn preparèd In accordance wlth "kcountln8 and Reporttn8 by Charftfjès: Statèm•nt of Recommended Practlce appllcabte to charltles prepadng thelr account5 In accordance wlth the Flnanclal RepL)rtln8 Standard appllcabie In the UK and RepubLfc of Ireland IFRS 1021" leffectlve 1 January 20191 ICh•r1tl•s SORP IFRS 10211, the Flnanclal Reportln8 Standard appllcable In the UK and RepulAlc of Ireland IFRS 1021 and the Charbtfes Art 2011. These accounts are pres•nt•d In pounds st•rllni and rounded to thé n••rgst pjund. 1.2 Goln8 concern The TfUStee5 have prepared fln•ncl•l pmJ•ctfons. t•klnB Into ¢on$ld•raiion tkh• ¢urrnnt •conomlc condltlon5 and have. at the tlmtr of 4pprovtn8 these accounts, a reasonable expectatlon that the charfty h45 adequ4t• resources to contlnue In operntknal exlst•nte for the foreseeable future. Thu5 they contlnut to adopt the 8oln8 concem basls of accountln8 In pr•padnq the accounts. 2. Income from Donatlons and Le8acle5 An•lysl• Unr•itrl¢t•d fundi Total funds 2021 Oonatlon and 8Fft% G•neral Irants provlded by Govemmentlother ch4rftles 19,988.34 9,CQO,IJ) 19.988.34 9,000.00 28,988.34 28,988.34 3. Income from Charltable Actmtles An•tysls unr￿trIctod funth Tot•1 funds 2021 Sale of s•rAce 2.596.25 2,596.25 2,596.25 Z,596.25 4. Expendlture on Ralsln8 Funds Analysls Tot•1 fund$ 2021 Rent toUectlon property repafrs and rnalntenance chJrye5 Support Costs 2,245.07 1,993.76 4,238.82 Pa8e9of11

  1. Expendlture on Charltable Actmtles Tot•1 furKls 2021 Analysls Bank charges Charlty runnfng cost C05t of 3ervlces Support C￿ts zo.oo 2.461.94 7.952.9J 1.993.76 12.428.60
  2. Support Costs Total fund5 2021 Analys15 Prfntln8 and Stationery Staff costs 3.757.S1 3.987.51
  3. Other Expendlture Anatysls Trtal funds 2021 Depred?tlon Charge for the Year- Plant & Ilachlnery Depreclatlon Charge forthe Year- l••tor Vehictes 10.260.1 10.200.C 3.174.(Kl 3.174.00 13.434.(Kl 13.434.00

  4. Tanglble Flxed Assets Mrtor Vehlcles 8.1 Cort or ￿lu4t10Th At 01 July 2020 Addltton5 44.(￿.0¢ 7.737.LVJ 8.500.C#) 6.694.82 Revaluattons Transfers At 30 Juts 2021 51.300.86 16.237.￿) At 01 July Zfflo C￿rge for the ￿ar 11.152.(Xl 1.LKIO.(KJ 10.Z(Q.C 3.174.O) DIsp05als Revaluatlon5 Trdnsfe At JO June 2021 21.412. 4,174.th) .3 Net book v•iue At 01 JuLy2020 33.454.04 6,737.l>J At 30 June ZQ21 29.888.86 12.063.00 Page10of 11

  5. Cash at bank and In hand Total furbds 2021 Cash at bank and In h•nd 7,Z62.46 7,262.46

  6. Credltors: Amounts falllng due wlthln one year Total funds 2021 Tradè ¢redltors 3,735.10 3,735.10
  7. Charlty funds 11.1 Dètafls of materlal funds held and rnovernents durln8 the CURRENT reportln8 perlod Fund b•lanc•s brou8ht farward Fund l*nc•s carrl8d fornfard Ineorn• Ex￿ndIt￿r• Tr•nsf•rs G•ln• and Fund n•m Unr•strfet•d funds 31,584.59 16,667.42 14,917.17 UThrestrl¢ted 43,996.05 13.434.rAJ 30.56Z.05 Fund# Total 4J,996,05 31.584.59 30,101.42 45.479.22 11.2 Transfer5 between funds Thls Y••r Amount Between unrestrlcted and r•strt¢ted funds Between •ndowment and restrlcted funds 8•tweèn endowment and unrestrfcted funds Page11of11