Company Number .' 08121672
COAST MEDIC
TRUSTEES. REPORT
*ND
ANANCIAL STATEMENTS
FOR THE YEAR ENDED
JO June 2023
1111
*AE48NOFC"
0710V2025
Page 1 of 11

COAST MEDIC
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 30 June 2023
Company Number
ReBlstered Offl¢•
08121672
TrerTKiugh Innovation Cent
Penryn. Cornwall. TR10 9TA
Page2of11

COAST MEDIC
CONTENTS
FOR THE YEAR ENDED 30 June 2023
Tru5tee5' Report
Independent Examinerfs Rep)rt
Staternenl of Finanical ActiwtiP5
Balance Sheet
No￿$ to the Flnanclal Stateffents
Page3of 11

COAST MEDIC
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 June 2023
The tn15tee5 present their annual ￿[X)rt and financfial statements for the yearended 30 June 2023 .
Ob'ectivesand Activities
Summary of the purpos•5 ofthe charlty •$ s¢t in Itsgo¥ernlng document
To relieve 5ickne55 and preserve protect healthprfmarfly in the United Kingdom by the prO￿510n of
medlcal ald In offshore& Insho￿ water5 and coastal Shoreline a￿a$.
Summary of the maln actlvStles fn relatlon to those purposes for the publlc benefft,
p•rtltul•r. th• actlvftles. Pfojects or servlces Identfffed In th? account5
The charity has contlnued to develop and expand its medica15UPPOrt for coastal events across the South
West. providing essential 5er¥ice5to ensure public safety. In addition. we have established a subsidlary
trad5ngcompat)y? Coast h4edlc Ambulance Ltd.
which alm5 to offer commerclal services.The profit5
generated by this subsidiary will be donated to the tharity tofurther its charitable objettives anLI strengthen
the charfty'$ overaLLposition. We have also rnaintained our cornmitment io c¢mmunlty engagement
byprowding ￿gUlar iraining and raising awarer￿S about Public AccessDefibrillators IPAD51. The importance
of en5urin8 these life-sawng t1￿CeS areavailable In the community has growTI significantlyi Particularly in
lisht ofthe In(￿a5￿n9 p￿Ssu￿$ on the NHS. Through our ongoing efforts. we Contin￿t0 promote the value
of PA05. helping to save live5 and enhance communityheaLth.
Statement confirmlngwhether the trustee5 h•veh•d re8ard to the 8uldancelssued by the
CharltyC¢)mm15$1¢fi on publl¢b¢nefft
The trustees confirm that they have hall ￿gard to the8uidance issued by the Charity Commission on public
benefit In the performanceof iheir dutie5. In particular, the trustee5 ensure that all activities anddeci5itsns
made by the tharity further Its charitable objectives and pro¥ideclear publlc benefit In accordance with the
legal requirements. The tVU5tee5re¥ul¥rly ￿￿eW the charity's activitie5 to ensure compliance wlth the
publlcbenefit requirement. and continue to make declslons that promote the welfareand well-belng of the
indivlduals and cr>mmLthllles we serve
Achlevements and Pe
ormance
Summary of the malna¢hlèvements of the charlty.Identlfyln8 the dlfference thecharlty's work
has made ttsthe clrcumstances of Itsbeneficiaries •rKI any wlderbenèflts to %Klety as •whole
The charlty's rnog slgnificant achieve￿nt this year hè$l*en ￿ successful setup of our troding tompany.
Coast Medit Am￿1)nCe Lld.Thls new initiative ha5 alloTrhtd u5 to int￿•se tt* SUPPDrt we provide tocoa5¢al
communltles. ensuring ihai more eveTht5 and indiwduals recefve ihemedical coverage they aeed. hlorÈo¥er.
the tradin8 company ha$ 8enerated vitalreN*nue, enabling us tts expanLI our services and continue to
5UPPOrt ourbeneficlaries effettib*ly. This has rKSt only enhar¥ced the chaTlty'sabillty io fulfil its
eore mission but also provided wider benefits to societyby Sirengthening public safety and eMer￿n
response eapabilities,partkularly in coastal areas vthere our se￿ceS are in high demand.
Financlal Review
Revlew of the charlty's flnanclal posltlon •t the end ¢rfthÈ yrlod
The charlty remains financially Stable at the end of theperfod. We a￿ confident that the establlshment of
our subsidiary companypcoast 14Wfc Ambulance Ltd. will significantly InC￿05e the funds available ttsfurther
our chariiable purposes. While we are unable to detemilne exactly howmuch additional Income wlll be
generated at this Stage, we a￿ Opilmlsiic thaithis new revenue stream will 5UPPOrt our growth and enable
us to expand ourseTrices. Additionally. we have identified that the Annual Trustee Report5 an¢JAccounts
have not been submitted correctly to the Charity Commission. Toaddress this. we have sought the
asslstance of a local accountancy firrn toinderendently rewew our accoL*nts and ensure full compliance wi¢h
the Chadtycommission's requ1￿mentS.
Statement explalnln¥ thepolicy for holdlnq reservesstatlng vthy tliey are held
The charity hold5 reserves to ensure flnanclal stabillty andto maintain the ability to continue operat5ons In
the event of unexpectedfinancial chollenges or downturns. Reserves are essential to allow us to rneetour
5hort-term operational needs. plan for future growth. and ￿SpOnd tounfore5een circumstances wlthout
cornpromi5in8 the chadws m1s5ion orservices. In Line with our commltment to strengthen our 8overrbance.
we have nowincorporated improved organisatiorbal govemance and irrwlerrenteLI a fomial reservespolity.
This pollcy outlines the amwnt of reserye5 we aim to hold and theconditions under which they may be
used. ensuring a prudent and 5LJ5tainableapproèch to financial management as we continue to 8row and
expan¢Y ourserrices.
Amount of reserves held
Page4of 11

£21,014.72
Reasons for holdln8 zero reserves
NIA
Detalls of fund inatèrlally In deflelt
There are no deflcits.
Expianatlon of anyuneertalnttes about thecharlty contlnulng as a 8ofn8concern
At p￿Sefit, Coo$t Vedic does not face any immediate concernS￿gardIng ils ability to continue as • going
concern.
Structure Governance and Mana
ement
Type of 8overnln8 document
The goveming document of the charfty 15 the Artlcte5 ofAssociation, which are held by both the Charity
Commission and Companies Hou5e.Thls document outllnes the charfws objectlves. governance structure,
andoperaiional frame¥York.
How Is th¢ ¢h•rlty constftuted7
The charity is constituted as a not-for-profit companylimited by Suarantee artd is also ￿gIStered as J chartty
wlth the Charitycommlsslon. Thls sir4Kture ensures that ihe charity operates with the nece5saryle¥al and
financial protection5 while fulfilling its charitable objectives.
Trustee 5elertton method51ncludln8 dètails of anyeonstltutlonal provlslons e.g.electlon to post
or narne of•ny per50n or body entltledtts appolnt I￿e or moretrustees
There have been no change5 to the Board of Trustees thi5year. The charity'5 current trustees a￿ aprM)inted
in accordance with tsur8ovemin8 d¢xuments, whlch outilne the procedtsres for trustee selection.Tru5tees
may be elected or app￿inted based on the needs of the charity and inline wth the skills and experience
requ1￿d to effectively govern antl overseeour activitles.
This re
ved by the tru5tetr and signed on its behaLf
Luke Tu
Trustee
or
Date - 29 April 2025
Page5of 11

Clematis Cottage
The Square
Tregony
Truro
TR2 5RS
May 2025
Dear Tru8tses,
Subject: Independent Examlnation Report for°Coast Medic"
I have completed the independgnt 8x8mlnation of Coast Medi¢,8 financial records and
account8 for the fi8¢8lygar ending30 June 2023. Thls examlnation en8ure8 accuracy and
compliance with financlal standards.
I have revlewed the record8 and cross checked them wlth the accounts. I have also considered
any unusual items or disclosure8.18m ple88ed to report thatthe accounts align with the
r6cord8 and meet regulatory requlrements, and l am happy that they are 8 true and accurate
re¢ord.
Feelfreeto contsct me at.
for any cL8rrfic8tion.
Kindest regard8
Joslah V￿lleY

COAST MEDIC
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 30 June 2023
RecovTrmended catryorle5 by
actlvlty
Incom• and éndowm•nts from:
Unre5trl ¢t*d funds
Total F und$ 2023
tk)nation5 and le8acie5
6,196.L
6,196.ThJ
Charitable activilies
41.701.67
41.701.67
Total
47.897.67
47,897.67
Expendlture on:
Ralsing funds
Charitable actfvit*s
19,435.80
19,435.80
29,7B6.98
29.786.98
Other
17,081.CiJ
17,081.L
Tot•l
66.303.78
66.303.78
Net Incomel(exper•dlture
118,406.111
Net mov•m•nt In fvnds
118.406.111
Reeonclllatlon of funds:
-Total fund4 broi￿ht forward
39,420.83
39.420.83
Trtal funds urrled fonv4rd
21.014.72
21.014.7Z
Page7of 11

COAST MEDIC
BALANCE SHEEr
FOR THE YEAR ENDED 30 June 2023
Recommènded cat￿OrIeS by
actlvlty
Fixed assets
Ub)restrf cted fun(15
Tot•1 F und$ 202Y
Note5
Tangible as5et5
26,380.27
26.380.27
Totsl flxetl assets
26.380.27
26,380.Z7
Current a55ets
Cash at bank and In harK1
11.630.451
11,630.451
Total current assets
{1,630.451
11,630.451
C￿ditorS.. amounts fallin# due
wlthln one year
Net currefit assetsl(Il&bllltles1
10
3.735.10
3.735.1C
{5.365.551
15.365.551
Total net assets or Ilabflftles
21.014.72
21.014.72
Funds of thè Ch•rlty
Unrestricted fund5
21,014.72
21.014.72
Restricied income fun¢ts
-.Endowment fund5-
Total funds
21.014.n
Z1.014.72
For the year endTn8 30 June 20Z3. the company was entitled ro exemptlon from audlt ￿ljer section 477 of the
Companie5 Act 2006 relating to small companies.
The members have not required the c¢)mpany to obtain an audit of it's accounts for the year in questlon in
accordanc? with seciion 476.
The directors acknowledge their ￿Sponsibl17t1eS for complying with the requ1￿MentS of the act wSth respect to
accounting records and the preparotion of accounts.
These accounts have been prepared in accordance w(th the provi5ion5 applicable to companies 5ubJect to the smaLL
companies. regime.
The Ilnanelal statements were approved by the trustee5 on29 April 2025 and slgned on Its behalf b￿.
Luke Tvdor
Trustee
Date . 29 Aprfl ZOZ5
Page8of11

COAST MEDIC
NOTES TO THE FINANCIAL STATEMEp¥rs
FOR THE YEAR ENDED 30 June 2023
1. Accountlng Pollcles
The prfnclpal accountln8 pollcles artipted by the Charlty. which is a publlc be￿fit entity, in the preparation of
the accounts are as foLIow5.
1. 1 Basls of preparatlon
These accounts have been prepared under the historical cost convention, as rnodified by the fjncluslon of
harltable propertle5 antl flxe¢J a55et Investments and investment pr0Pertles at valuation.
These accounts have been prepared In accordan￿ wfith "Accounting and Re￿rtIng by Charltfje5- Statement of
Recommended Practice applicable to charities preparing their accounts in accordance ￿th the Financlal
Reporting Standarij appllcable In the UK and Republic of Ireland IFRS 1021- (effective l January 20191
Icharities SORP IFRS 10211. the financial Reporting Standard applicable in the UK and Republic of Irèland IFRS
1021 and the Charities Act 2011.
These accounts are presenred in ￿)￿d$ sterting and rol￿ded to the nearest
1.2 Going concern
The Trustees have prepared financial projections, takin8 into eOn5ideration the Cur￿nt economic conditions and
have. at the time ol approvlng these accounts. a reasonable expectation that the charity has adequaie
rèiourcès to continlt in operational existence tor the I0￿$eeable future. Thus they continue to adopt the goin¢
concern basis of accounting in preparing the accounts.
2. Income from Donatlons and Legacfes
An•lysls
Unrestricted funds
Total furlds 2023
Donatlon and gifts
General grants provl¢Jed by Govemrr*n¢/other charities
5,196.
1,(W.LXI
5.196.00
1.1X)O.00
6,196.1)J
6.196.00
3. Income from Charltable Actfvltles
Analysls
Unre5trfcted funds
Total funds 2023
Sale of Service
41.701.67
41.701.67
41.701.67
41.701.67
4. Expenditure on Raising Funds
Analysfs
Total fund5 2023
Rent collectionTr property repair5 and moTntenance charges
Support Cotts
3,132.56
16.J03.24
19,435.80
Page9of11

5. Expendlture on Charltable Actfvltles
Total funds 2023
Analysls
Bank charge5
Charity runnlng Cost
Cost of se￿ceS
tk)natlons
SLPPOrt Costs
264.10
3.484.96
9.448.23
286.44
16.303.24
29,786.98
6. Support Costs
Total funds 2023
Analy5fj5
Staff costs
3Z.606.49
32,606.49
7. Other Expenditure
Analysls
Unrestrlcted funds
Total fund$ 2023
Deprecpation Charge for the Ye•r- Plant &
l•achinery
Depreciation Char8e for the Year- hkntor
Vehlcles
12,016.Cil
12,016.C¥J
5.065.ts)
5.lJ65.C
17.081.ts)
17.081.C¥J
8. Tangfble Flxed Assets
Pl•nt & mttthl￿ry
Motor Vehlcle5
8.1 C05t or valuatlon
At 01 July Z022
Additions
56.498.18
25,327.00
3.585.99
015posals
Revaluatio
Transfer5
At 30 June 2023
60.084.27
25.327.c*)
.2 Depredatlon and lrnp•lrments
At 01 July 2022
32.711.ts)
9.239.00
Charge for the year
12.016.C(*
5.065.00
Dlsposals
Revaluations
Transfers
At 30 June 2023
44.727.C¥J
14.304.00
8.3 Net b•ok value
At 01 July 2022
23,787.28
16,088.00
At 30 June 2023
1S,357.27
11.023.00
Page 10of 11

9. Cash at bank and In hand
Total funds 2023
Cash at bank and In hand
11,630.451
11,630.451
10. Creditor5: Amounts falllng due wSthln one year
Total funds 2023
Trade credltors
3,735.10
3.735. 10
11. Charity funds
11. 1 Details of materlal funds held and movements durlng the CURRENT reportlng
perlod
Fund
balances
br¢>ught
forward
Fund
balances.
4rrled
forward
Income-
Transfers=""=
Galns and.-
losses
Fund names
Unréstrlcted
fund5
47,897.67
49,222.78
11.325.111
Unre5trlcted
General
Funds
39.420.83
17.081.L)J
22,339.83
Trtal
39.420.83
47,897.67
66.303.n
21.014.n
11.2 Tran5fer5 between funds
Thfjsy￿r
Between ￿n￿tr￿tte￿ and ￿riCted funds
Between endowment and ￿$tArte{l lun¢ts
Between endowment and unrestricted fund5
Page11of 11