Charity Registration No. 1168914 

## RESUSCITATION COUNCIL (UK) 

ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 



## RESUSCITATION COUNCIL (UK) 

## LEGAL AND ADMINISTRATIVE INFORMATION 

|Trustees|Professor A Lockey||
|---|---|---|
||Mr N Appleton||
||Professor C Deakin||
||Professor I Maconochie||
||Professor G Perkins||
||Ms B West||
||Mr M Webster|(Appointed 27 June 2024)|
|Chief Executive Officer|Dr J Cant||
|Director of Clinical and Service|Mr M Bradfield||
|Development|||
|Director of Business Operations|Mr P White||
|Director of Communications and|Mrs E Kuku||
|Engagement|||
|Director of Governance and Assurance|Ms C Gaston||
|Charity number|1168914||
|Principal address|60-62 Margaret Street||
||London||
||W1W 8TF||
|Auditor|Shaw Gibbs (Audit) Limited||
||264 Banbury Road||
||Oxford||
||OX2 7DY||
|Bankers|Lloyds Bank Plc||
||Kings Cross||
||344 Gray's Inn Road||
||London||
||WC1X 8BX||
|Solicitors|Russell-Cooke LLP||
||2 Putney Hill||
||London||
||SW15 6AB||





## RESUSCITATION COUNCIL (UK) 

## CONTENTS 

||Page|
|---|---|
|Trustees' report|1 - 7|
|Independent auditor's report|8 - 10|
|Consolidated statement of financial activities|11|
|Charity statement of financial activities|12|
|Balance sheet|13|
|Consolidated statement of cash flows|14|
|Notes to the financial statements|15 - 38|





## RESUSCITATION COUNCIL (UK) 

## TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025 

The trustees present their annual report and financial statements for the year ended 31 March 2025. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the group's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". 

The results of the subsidiary are consolidated on a line by line basis. 

## Objectives and activities 

The objectives of Resuscitation Council (RCUK) are to advance and save lives, in particular but not exclusively by: 

- providing education and training, including but not limited to members of the public, organisations, medical, nursing and ambulance practitioners, and all other healthcare workers; and, in each case in all aspects of resuscitation. 

RCUK has power to do anything which is calculated to further its Objects or is conductive or incidental to doing so. In particular, RCUK's powers include power to: 

- establish appropriate guidelines for resuscitation; 

- establish courses and other forms of educational delivery through which others can teach resuscitation; 

- establish and maintain standards of resuscitation; 

- establish and maintain standards, guidelines and training to support recommendations relating to resuscitation; 

- encourage, promote, undertake study or research into resuscitation and disseminate the results of such research; 

- produce, print or otherwise publish in targeted media any materials including training aids and literature concerning the organisation of resuscitation and its teaching; 

- provide or procure the provision of services, education, training, consultancy, advice, support, counselling, guidance, grants, scholarships, awards or materials in kind; 

- promote and advertise RCUK's activities and to seek to influence public opinion and policy and regulation, implemented or proposed to be implemented by government, local authorities or other public bodies, by undertaking campaigning and, to the extent permitted by law, political activities; 

- employ and remunerate such staff as are necessary for carrying out the work of RCUK. 

We continued the development and delivery of training courses in advanced life support for adults, children and the newborn. We have successfully created a new Out-of-Hospital Newborn Life support course, which has been delivered in all four nations of the UK and addresses a clear need for resuscitation education for multi-disciplinary healthcare professionals who attend births in the community setting. We have used this model as a basis to also create an Out-of-Hospital Advanced Life Support course, which is primarily aimed at ambulance practitioners and first responders from across the disciplines, addressing the complex nature and challenging environment of community practice. This course has passed the proof-of-concept phase and is now being piloted nationally. RCUK continues to support those affected by cardiac arrest, including the creation of a Quality Standard for Survivors of cardiac arrest and their key supporters. We have also sought to give voice to healthcare professionals in the resuscitation community who do not all sit within a professional representative group or are at an earlier stage in their careers as well as members of the public. We have created Patient Participation, Involvement and Engagement, Early Careers and Resuscitation Practitioner Forums within RCUK to do this and help us develop our work with wider engagement. 

Training is delivered by a network of over 15,000 Resuscitation Council UK (RCUK) trained instructors. We have sought to support their development in 2024-25 through a series of webinars, newsletter updates and hosting a national RCUK Instructor Conference in 2024.  We are very grateful to all our instructors, most of whom are NHS clinical staff, for their continuing commitment to consolidating and furthering the delivery of high quality resuscitation training. This is testament to their personal commitment to RCUK’s charitable aims and the high regard with which RCUK-endorsed training is viewed across the health and care sectors. 

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## RESUSCITATION COUNCIL (UK) 

## TRUSTEES' REPORT  (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

We continue to support the adoption and implementation of the ReSPECT process across the UK. This system of care facilitates discussion between individuals and their healthcare professionals regarding their care in an emergency situation when a person would not be able to participate in decision making and cannot express their wishes. RCUK is working to develop educational resources to support those using the ReSPECT process as well as hosting a national engagement event in 2024. 

RCUK is committed to supporting all those who are affected by cardiac arrests. Survival and recovery from a cardiac arrest can be further improved via appropriate person-centred rehabilitation. Currently there is a lack of dedicated rehabilitation programmes for cardiac arrest survivors within the UK. RCUK has created a quality standard paper, which focuses on the provision of person-centred rehabilitation for cardiac arrest survivors. This was developed with representatives of the ‘Survivor forum’ made up of survivors of cardiac arrest and their key supporters, as well as researchers, clinicians and experts from across the UK. 

The trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit when carrying out their duties, and in particular when deciding what activities the group should undertake. 

## Achievements and performance 

## Policy and Public affairs 

During the course of 2024-25, we are proud to have strengthened our work across the devolved nations and, once again, it has been a year of firsts. With our first ever RCUK parliamentary reception in Holyrood presenting the organisation’s ‘Cardiac Arrest Survivors’ quality standard to Members of Scottish Parliament. Jenni Minto, Minister for Public Health and Women’s Health, was keynote speaker and formally endorsed the quality standard. RCUK also hosted the first ‘Save A Life Northern Ireland’ (SALNI) meeting. SALNI aims to establish a strategic, collaborative approach to improving OHCA survival rates across Northern Ireland. The Deputy Chief Medical Officer delivered a keynote speech, and we secured a Chair for the SALNI group (Chief Paramedic Officer Neil Sinclair – Northern Ireland Ambulance Service). We will play a secretarial role in future meetings, to ensure Northern Ireland colleagues lead on the strategic direction of the partnership. 

We launched our Patient and Public Involvement (PPI) group this year. The PPI consists of a diverse group of members who are all passionate about our charitable mission and keen to offer insights on our upcoming strategic work. 

## Media and Campaigns 

Continued expansion of our resources devoted to greater resuscitation awareness and skills beyond the clinical and care sectors drove the launch of ResusReady. A free initiative aimed at getting individuals and organisations ‘CPRconfident’ and ‘defib-aware’. Particularly in areas where we know health inequalities exist, with the goal of increasing survival rates. To date (June 2024) we have had 1804 individuals and organisations sign up to be ResusReady. We also launched a new corporate video to help drive promotion of our ResusReady campaign. 

Following the launch of our Community Grant Scheme in May, we were pleased to see we had an overwhelming response with over 185 applications submitted in total. Eighteen finalists were selected and submitted impact reports outlining the impact of their bystander CPR events. 

In July, Gillian Mackay MSP teamed up with RCUK, St Andrew’s First Aid, Motherwell Football Club, and the Well Foundation, to train hundreds of people from the Muslim community in lifesaving skills at the Lanarkshire Mosque. The findings of Every second counts: Tackling inequalities in resuscitation report were also presented at the event. 

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## RESUSCITATION COUNCIL (UK) 

## TRUSTEES' REPORT  (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## Partnerships 

We remain clear that we can’t do the work we do without partnering with others. Resuscitation Council UK, British Heart Foundation, Oliver Cookson Foundation and St John Ambulance came together in August to launch the Heartsafe communities report. The report aims to improve access to defibrillators and CPR training and ultimately save more lives from cardiac arrest. 

A pilot project was done in Wythenshawe, Manchester, where the average return distance to the nearest defibrillator used to be a 14-minute round trip and was halved to six-and-a-half minutes thanks to the Heartsafe communities' project. 

We have continued to work with the Brentford FC HOWL partnership. This coalition is powerful in helping amplify our lifesaving mission and our brand at key footballing events. 

We have worked hard over the last year to refresh our website and branding to ensure it’s an excellent resource for all of the audiences we serve. And our Digital Media and Marketing plans have successfully driven insight and measurement relating to our ResusReady online platform. 

RCUK continued to partner and co-fund audit and registry projects for both in hospital (NCAA) and out of hospital (OHCAO) cardiac arrests. 

RCUK continued to support and co-fund the Circuit (national defibrillator network) along with the BHF and St John Ambulance. Registration of publicly available defibrillators on the Circuit enables call handlers to locate the device and direct the responder to it to reduce the time to defibrillation and therefore increasing chances of successful resuscitation. 

All initiatives support the Vision 2030 and RCUK aims. 

## Financial review 

The financial review covers the annual period of the group to 31 March 2025. The total income for the group was £4,573,556 (2024: £4,017,633), which includes £4,336,667 (2024: £3,742,072) income from trading activities and £74,236 (2024: £138,372) income from charitable activities. Total income from investments during the year was £159,449 (2024: £148,176). 

Total expenditure for the group for the year was £4,833,189 (2024: £4,267,419), which includes costs of raising funds of £3,378,852 (2024: £3,191,376) and expenditure on charitable activities of £1,454,337 (2024: £1,076,043). The net outgoing resources for the year were £171,785 (2024: £33,196 incoming resources) after a gain on investments of £87,848 (2024: £282,982). 

At the balance sheet date, the total funds for the group were £6,789,230 (2024: £6,961,015), which were made up of general unrestricted funds totalling £5,599,230 (2024: £2,649,015) and designated funds totalling £1,190,000 (2024: £4,312,000). 

## Reserves policy 

During the year, the Trustees reviewed and updated the reserves policy of the group to ensure it continues to reflect the organisation’s strategic priorities and financial planning needs. As part of this review, the group increased the amount of unrestricted funds which have not been designated for a specific use. These where increased from ‘six to twelve months’ expenditure, up to ‘twelve to twenty-four months’ expenditure during the period. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the group’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the period. 

As a result of the updated policy, the designation of funds previously set aside for a future property purchase of £4,000,000 was revised to £Nil. This update allows greater flexibility while maintaining the Trustees’ intention that these resources be used for long-term investment in the charity’s operational infrastructure. 

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## RESUSCITATION COUNCIL (UK) 

## TRUSTEES' REPORT  (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

The group is revisiting its funding for Research and Development in 2025-26 with anticipated costs of £150,000 (2024: £Nil) as it considers a new approach to Research funding with the setup of ROC UK. A new budget for Community grant applications has been set at £50,000 (2024: £25,000). 

The group anticipates costs of £223,000 (2024: £131,000) during 2025-26 with regards to the upgrades / improvements required to the Learning Management System, CRM and iResus app. 

The group anticipates costs of £487,000 as it updates and releases new educational products in relation to 

Guidelines 2025 (2024: £43,000). 

The group has allocated £251,000 (2024: £113,000) for other projects and costs, including charitable partnerships, charitable promotion and educational events. 

The group has also allocated a new budget of £29,000 (2024: £Nil) specifically to work on governance and 

assurance development. 

The charity seeks to preserve its capital, securing a reasonable investment return compatible with minimising risk. The Finance and Investment policy approved by the Officers sanctioned an investment in equity to cash ratio of 60:40. There are no holdings in foreign assets or liabilities and no foreign exchange risk exposure. 

The trustees have assessed the major risks to which the group is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. 

## Plans for future periods 

Our Vision is to ensure that everyone has the skills they need to save a life, and access to appropriate CPR remains central to our future plans. We will continue to consult with stakeholders on our future and will undertake surveys to understand how we can best support all stakeholders. 

Our ‘unique selling point’ or USP, lies within our research and clinical expertise. This underpins our Guidelines and clinical standards and the training materials that flow from them. This has the core component of RCUK’s activity since its formation and forms the foundation for all additional charitable activities. RCUK’s Guidelines are revised and updated on a five-year cycle and this will take place in 2025. Research lies at the heart of this capability. To further support this, we will proceed to establish a UK-wide Research Outcome Consortium. This will seek to build upon the experiences and successes of similar collaborations in North America and Australia. We will also continue to be an active and leading member of the European Resuscitation Council (ERC). 

Guidelines 2025 will be a key element of our business activity next year and will play a key role in ensuring patient and clinical safety across the NHS and wider care settings. We will develop a series of new clinical training courses, specifically to address out-of-hospital resuscitation events. In this way we will expand our reach and impact across the clinical and care communities. This will continue to be developed in partnership with the Royal College of Paramedics. 

We will continue to invest in developing our governance and the future leaders of the organisation and the wider resuscitation community, to ensure that we are adequately challenging ourselves and continuing to drive clinical excellence. Our Early Careers Forum (ECF) is integral to this process. Alongside emerging governance initiatives, it will help to ensure the development of future leaders, a key factor in ensuring the continued success of the organisation. 

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## RESUSCITATION COUNCIL (UK) 

## TRUSTEES' REPORT  (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

Championing Equity, Diversity & Inclusion (EDI) in all areas of work remains a key priority We will engage with external experts to seek to ensure that the training materials produced to deliver Guidelines 2025 are accessible to the widest range of learning styles and that their imagery used to recreate clinical scenarios accurately represents the diversity of patients and clinicians. We will seek to ensure that our public-facing communications and materials are inclusive, by means of external expert audit. We will also ensure that our recruitment process meets similarly high standards, as we seek to attract the very best talent to work with the group, whether in paid roles or as office bearers and volunteers. This commitment will also be reflected in our operational activities where focus and resources will be devoted to understanding how best to support communities and people affected disproportionately by cardiac arrest. 

We have a firm focus on securing the policy recommendation to secure structured monitoring of CPR training in schools. We will harness our place on the APPG for defibrillators to achieve this as well as working closely with sector partners.  We will also continue to develop resources such as Lifesaver and seek to develop new partnerships with organisations outside of a healthcare setting, particularly in the workplace, where there is a great need for awareness of, and training in resuscitation. We will continue to build relationships with cardiac arrest survivors across the UK and will strengthen supportive links with this community in order that people with personal experience of resuscitation are meaningfully and actively involved in guiding our work and helping us achieve our aims and objectives. Part of this will see the production of a public affairs, comms version of the survivors’ quality standard. This will be used to put a human face on the challenges facing survivors, so we can secure the personal care package they need when they leave hospital. 

We will continue to fund resuscitation and ensure that the evidence captured through the National Cardiac Arrest Audit (NCAA) and Out-of-Hospital Cardiac Arrest Outcomes (OHCAO) projects informs and drives improvements to policy and practice. In addition we are committed to supporting the Circuit from a governance and financial perspective. 

In 2025 we will continue to build on the success of our Restart a Heart campaign harnessing the strength our new Community Grant Scheme, which allows community groups to apply for grants of up to £1,500 to help educate people about CPR and defibrillator awareness. We also have plans to strengthen our partnership and policy and public affairs work, harnessing the momentum of a new government. Plus, we are scoping a potential partnership campaign around our ReSPECT work. 

We will continue to grow our influence with key stakeholders, recognising that we need to ensure there is widespread commitment to resuscitation training in health and social care settings and keeping professionals safe while giving patients the best chance of survival and that we want to continue to drive adoption of the ReSPECT process. 

Additionally, we will strengthen our relationships with key stakeholders within this field. A key element of this work is our Clinical Standard for Survivors which offers a blueprint for service structure and delivery. We will work to promote its adoption across all four nations of the UK. 

We will continue to diversify our income streams to avoid overdependence on NHS funding. We will do this by exploring the need for new products and services in the community setting as we seek to grow CPR awareness in line with our vision 2030 planning. 

## Structure, governance and management 

The charity incorporated on 25 August 2016 as a Charitable Incorporated Organisation (CIO). The charity was incorporated under the constitution dated 16 August 2016 and the registration number is 1168914. 

Resuscitation Council (U.K.) Trading Limited is a subsidiary of the CIO and began to start trading on 1 April 2020. 

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## RESUSCITATION COUNCIL (UK) 

## TRUSTEES' REPORT  (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

The trustees who served during the year and up to the date of signature of the financial statements were: Professor A Lockey Mr N Appleton Professor C Deakin Professor I Maconochie Professor G Perkins Ms B West Mr M Webster (Appointed 27 June 2024) 

The Elected Trustees are elected by the members by way of postal or electronic ballots. The results of such elections shall be announced at Annual General Meetings (AGM). 

Appointed Trustees shall hold office for three years from the date of their appointment. A person is eligible for reappointment save that an appointed Trustee shall not serve more than nine years in total as a Trustee. 

There must be at least three Trustees. If the number falls below this minimum, the remaining Trustee or Trustees may act only to call a meeting of the Trustees, or appoint a new Trustee. 

Four Trustees' meetings are held in the year, at which the Trustees consider the strategy of the charity, financial overview, grant making, reserves, risk management and future planning. The day-to-day administration of the Charity is delegated to the Chief Executive Officer, Director of Clinical and Service Development, Director of Business Operations, Director of Communications and Engagement and Director of Governance and Assurance. 

On appointment new Trustees are briefed on the group objectives and activities and are provided with their roles and responsibilities document, guidance available from the Charity Commission 'The essential trustee: what you need to know, what you need to do' and 'Public benefit' guides. They are also provided with an induction and training. 

The key management personnel of the group are considered to be the Trustees, Chief Executive Officer, Director of Clinical and Service Development, Director of Business Operations, Director of Communications and Engagement and Director of Governance and Assurance. The Trustees are not given financial remuneration for their work. The salary of the Chief Executive Officer, Director of Clinical and Service Development, Director of Business Operations, Director of Communications and Engagement and Director of Governance and Assurance is set by the Trustees. Consideration is given to the consumer price index, national average pay rise and NHS awards when deciding any pay rise. 

The group is affiliated to The European Resuscitation Council. 

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## RESUSCITATION COUNCIL (UK) 

## TRUSTEES' REPORT  (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## Statement of trustees' responsibilities 

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the group and of the incoming resources and application of resources of the group for that year. 

In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the group and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The trustees' report was approved by the Board of Trustees. 

.............................. Professor G Perkins 

Trustee 

## 24 Oct 2025 

Date: ............................................. 

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## RESUSCITATION COUNCIL (UK) 

## INDEPENDENT AUDITOR'S REPORT 

## TO THE TRUSTEES OF RESUSCITATION COUNCIL (UK) 

## Opinion 

We have audited the financial statements of Resuscitation Council (UK) (the ‘parent charity’) and its subsidiary (the 'group') for the year ended 31 March 2025 which comprise the group statement of financial activities, the charity statement of financial activities, the group balance sheet, the charity balance sheet, the group statement of cash flows and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice) and Charities SORP. 

In our opinion, the financial statements: 

- give a true and fair view of the state of the group's and parent charity affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the Charities Act 2011. 

## Basis for opinion 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## Conclusions relating to going concern 

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

## Other information 

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

## Matters on which we are required to report by exception 

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: 

- the information given in the financial statements is inconsistent in any material respect with the trustees' report; or 

- sufficient accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records; or 

- we have not received all the information and explanations we require for our audit. 

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## RESUSCITATION COUNCIL (UK) 

## INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF RESUSCITATION COUNCIL (UK) 

## Responsibilities of trustees 

As explained more fully in the statement of trustees' responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so. 

## Auditor's responsibilities for the audit of the financial statements 

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. 

1. At the planning stage of the audit we gain an understanding of the laws and regulations which apply to the company and how the management seek to comply with those laws and regulations. This helps us to plan appropriate risk assessments. 

2. During the audit we focus on relevant risk areas and review the compliance with the laws and regulations by making relevant enquiries and undertaking corroboration, for example by reviewing Board Minutes and other documentation. 

3. We assess the risk of material misstatement in the financial statements including as a result of fraud and undertook procedures including: 

   - a. Reviewing the controls set in place by management; 

   - b. Making enquiries of management as to whether they consider fraud or other irregularity may have taken place, or where such opportunity might exist; 

   - c. Challenging management assumptions with regard to accounting estimates; and 

   - d. Identifying and testing journal entries, particularly those which appear to be unusual by size or nature. 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. 

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## RESUSCITATION COUNCIL (UK) 

## INDEPENDENT AUDITOR'S REPORT (CONTINUED) 

## TO THE TRUSTEES OF RESUSCITATION COUNCIL (UK) 

## Use of our report 

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed. 

**Shaw Gibbs (Audit) Limited** 

## Shaw Gibbs (Audit) Limited 

Statutory Auditor 

264 Banbury Road Oxford OX2 7DY 24 Oct 2025 Date: ......................... 

Shaw Gibbs (Audit) Limited is eligible for appointment as auditor of the group by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 

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## RESUSCITATION COUNCIL (UK) 

## CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 

|Unrestricted Unrestricted<br>funds<br>funds<br>general<br>designated<br>2025<br>2025<br>Notes<br>£<br>£<br>Income from:<br>Donations and gifts<br>3<br>3,204<br>-<br>Charitable activities<br>4<br>74,236<br>-<br>Course guidelines and<br>registrations and<br>lifesaver<br>5<br>4,336,667<br>-<br>Investments<br>7<br>159,449<br>-<br>Total income<br>4,573,556<br>-<br>Expenditure on:<br>Raising funds<br>9<br>3,378,852<br>-<br>Charitable activities<br>12<br>941,090<br>513,247<br>Total resources<br>expended<br>4,319,942<br>513,247<br>Net gains/(losses) on<br>investments<br>16<br>87,848<br>-<br>Net incoming/<br>(outgoing) resources<br>before transfers<br>341,462<br>(513,247)<br>Gross transfers between<br>funds<br>2,608,753<br>(2,608,753)<br>Net movement in funds<br>2,950,215<br>(3,122,000)<br>Fund balances at 1<br>April 2024<br>2,649,015<br>4,312,000<br>Fund balances at 31<br>March 2025<br>5,599,230<br>1,190,000|Total<br>Unrestricted<br>Unrestricted<br>Total<br>funds<br>funds<br>general<br>designated<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>3,204<br>7,013<br>-<br>7,013<br>74,236<br>138,372<br>-<br>138,372<br>4,336,667<br>3,724,072<br>-<br>3,724,072<br>159,449<br>148,176<br>-<br>148,176<br>4,573,556<br>4,017,633<br>-<br>4,017,633<br>3,378,852<br>3,191,376<br>-<br>3,191,376<br>1,454,337<br>394,843<br>681,200<br>1,076,043<br>4,833,189<br>3,586,219<br>681,200<br>4,267,419<br>87,848<br>282,982<br>-<br>282,982<br>(171,785)<br>714,396<br>(681,200)<br>33,196<br>-<br>(242,074)<br>242,074<br>-<br>(171,785)<br>472,322<br>(439,126)<br>33,196<br>6,961,015<br>2,176,693<br>4,751,126<br>6,927,819<br>6,789,230<br>2,649,015<br>4,312,000<br>6,961,015|Total<br>Unrestricted<br>Unrestricted<br>Total<br>funds<br>funds<br>general<br>designated<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>3,204<br>7,013<br>-<br>7,013<br>74,236<br>138,372<br>-<br>138,372<br>4,336,667<br>3,724,072<br>-<br>3,724,072<br>159,449<br>148,176<br>-<br>148,176<br>4,573,556<br>4,017,633<br>-<br>4,017,633<br>3,378,852<br>3,191,376<br>-<br>3,191,376<br>1,454,337<br>394,843<br>681,200<br>1,076,043<br>4,833,189<br>3,586,219<br>681,200<br>4,267,419<br>87,848<br>282,982<br>-<br>282,982<br>(171,785)<br>714,396<br>(681,200)<br>33,196<br>-<br>(242,074)<br>242,074<br>-<br>(171,785)<br>472,322<br>(439,126)<br>33,196<br>6,961,015<br>2,176,693<br>4,751,126<br>6,927,819<br>6,789,230<br>2,649,015<br>4,312,000<br>6,961,015|
|---|---|---|
|||4,017,633|
|||3,191,376|
|||1,076,043|
|||4,267,419|
|||282,982|
|||33,196<br>-|
|||33,196<br>6,927,819|
|||6,961,015|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

- 11 - 



## RESUSCITATION COUNCIL (UK) 

## CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 

|Unrestricted Unrestricted<br>funds<br>funds<br>general<br>designated<br>2025<br>2025<br>Notes<br>£<br>£<br>Income from:<br>Donations and gifts<br>3<br>3,204<br>-<br>Charitable activities<br>4<br>74,236<br>-<br>Course guidelines and<br>registrations<br>6<br>4,187,285<br>-<br>Investments<br>7<br>159,449<br>-<br>Other income<br>8<br>57,756<br>-<br>Total income<br>4,481,930<br>-<br>Expenditure on:<br>Raising funds<br>10<br>3,189,075<br>-<br>Charitable activities<br>13<br>1,041,090<br>513,247<br>Total resources<br>expended<br>4,230,165<br>513,247<br>Net gains/(losses) on<br>investments<br>16<br>87,848<br>-<br>Net incoming/<br>(outgoing) resources<br>before transfers<br>339,613<br>(513,247)<br>Gross transfers between<br>funds<br>2,608,753<br>(2,608,753)<br>Net movement in funds<br>2,948,366<br>(3,122,000)<br>Fund balances at 1<br>April 2024<br>2,714,304<br>4,312,000<br>Fund balances at 31<br>March 2025<br>5,662,670<br>1,190,000|Total<br>Unrestricted<br>Unrestricted<br>Total<br>funds<br>funds<br>general<br>designated<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>3,204<br>7,013<br>-<br>7,013<br>74,236<br>138,372<br>-<br>138,372<br>4,187,285<br>3,599,521<br>-<br>3,599,521<br>159,449<br>148,176<br>-<br>148,176<br>57,756<br>36,963<br>-<br>36,963<br>4,481,930<br>3,930,045<br>-<br>3,930,045<br>3,189,075<br>3,035,098<br>-<br>3,035,098<br>1,554,337<br>494,843<br>681,200<br>1,176,043<br>4,743,412<br>3,529,941<br>681,200<br>4,211,141<br>87,848<br>282,982<br>-<br>282,982<br>(173,634)<br>683,086<br>(681,200)<br>1,886<br>-<br>(242,074)<br>242,074<br>-<br>(173,634)<br>441,012<br>(439,126)<br>1,886<br>7,026,304<br>2,273,292<br>4,751,126<br>7,024,418<br>6,852,670<br>2,714,304<br>4,312,000<br>7,026,304|Total<br>Unrestricted<br>Unrestricted<br>Total<br>funds<br>funds<br>general<br>designated<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>3,204<br>7,013<br>-<br>7,013<br>74,236<br>138,372<br>-<br>138,372<br>4,187,285<br>3,599,521<br>-<br>3,599,521<br>159,449<br>148,176<br>-<br>148,176<br>57,756<br>36,963<br>-<br>36,963<br>4,481,930<br>3,930,045<br>-<br>3,930,045<br>3,189,075<br>3,035,098<br>-<br>3,035,098<br>1,554,337<br>494,843<br>681,200<br>1,176,043<br>4,743,412<br>3,529,941<br>681,200<br>4,211,141<br>87,848<br>282,982<br>-<br>282,982<br>(173,634)<br>683,086<br>(681,200)<br>1,886<br>-<br>(242,074)<br>242,074<br>-<br>(173,634)<br>441,012<br>(439,126)<br>1,886<br>7,026,304<br>2,273,292<br>4,751,126<br>7,024,418<br>6,852,670<br>2,714,304<br>4,312,000<br>7,026,304|
|---|---|---|
|||3,930,045|
|||3,035,098|
|||1,176,043|
|||4,211,141|
|||282,982|
|||1,886<br>-|
|||1,886<br>7,024,418|
|||7,026,304|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

- 12 - 



## RESUSCITATION COUNCIL (UK) 

## BALANCE SHEET 

## AS AT 31 MARCH 2025 

||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2025|2024|2025|2024|
|||||(as restated)||(as restated)|
|||Notes|£|£|£|£|
|Fixed assets|||||||
|Intangible assets||24 & 25|461,204|520,771|304,293|278,868|
|Tangible assets||26 & 27|65,148|76,220|63,868|74,513|
|Investments||28 & 29|3,761,612|3,592,606|4,036,615|3,867,609|
||||4,287,964|4,189,597|4,404,776|4,220,990|
|Current assets|||||||
|Stocks||31|75,074|102,419|75,074|102,419|
|Debtors||32 & 33|978,346|673,726|973,017|779,424|
|Investments|||2,265,896|2,279,230|2,265,896|2,279,230|
|Cash at bank and in hand|||567,088|580,223|505,700|494,378|
||||3,886,404|3,635,598|3,819,687|3,655,451|
|Creditors: amounts falling due within||34 & 35|||||
|one year|||(1,385,138)|(864,180)|(1,371,792)|(850,137)|
|Net current assets|||2,501,266|2,771,418|2,447,895|2,805,314|
|Total assets less current liabilities|||6,789,230|6,961,015|6,852,671|7,026,304|
|Income funds|||||||
|Unrestricted funds|||||||
|Designated funds||38|1,190,000|4,312,000|1,190,000|4,312,000|
|General unrestricted funds||39 & 40|5,599,230|2,649,015|5,662,671|2,714,304|
||||6,789,230|6,961,015|6,852,671|7,026,304|



24 Oct 2025 

The financial statements were approved by the Trustees on ......................... 

.............................. Professor G  Perkins Trustee 

- 13 - 



## RESUSCITATION COUNCIL (UK) 

## CONSOLIDATED STATEMENT OF CASH FLOWS 

## FOR THE YEAR ENDED 31 MARCH 2025 

|||2025|||2024|
|---|---|---|---|---|---|
||||||(as restated)|
||Notes|£|£|£|£|
|Cash flows from operating activities||||||
|Cash generated from/(absorbed by)|42|||||
|operations|||29,727||(208,904)|
|Investing activities||||||
|Purchase of intangible assets||(124,814)||(113,987)||
|Purchase of tangible fixed assets||(9,674)||(11,621)||
|Purchase of investments||(1,647,476)||(1,883,878)||
|Proceeds on disposal of investments||1,566,317||1,777,637||
|Decrease / (increase) in current asset||||||
|investments||13,334||289,063||
|Investment income received||159,451||148,176||
|Net cash (used in)/generated from||||||
|investing activities|||(42,862)||205,390|
|Net cash used in financing activities|||-||-|
|Net decrease in cash and cash equivalents|||(13,135)||(3,514)|
|Cash and cash equivalents at beginning of year|||580,223||583,737|
|Cash and cash equivalents at end of year|||567,088||580,223|



- 14 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 

## 1 Accounting policies 

## Charity information 

Resuscitation Council (UK) is a Charitable Incorporated Organisation (CIO), and is registered with the Charity Commission for England and Wales (charity number 1168914). The charity was registered with the Charity Commission on 25 August 2016. The charity's principal office address is 60-62 Margaret Street, London, W1W 8TF. 

## 1.1 Accounting convention 

The financial statements have been prepared in accordance with the group's constitution,  the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The group is a Public Benefit Entity as defined by FRS 102. 

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. 

The Statement of Financial Activities (SOFA) and balance sheet consolidate the financial statements of the charity and its subsidiary undertakings. The results of the subsidiary are consolidated on a line by line basis. The charity has taken advantage of the following exemptions in FRS102: 

- Section 33A - not to disclose transactions or balance with its subsidiary; 

- Section 7 - preparation of a statement of cash flow and related notes and disclosures. 

The financial statements are prepared in sterling, which is the functional currency of the group. Monetary amounts in these financial statements are rounded to the nearest £. 

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below. 

## 1.2 Going concern 

At the time of approving the financial statements, the trustees have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 

## 1.3 Charitable funds 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements. 

## 1.4 Incoming resources 

Income is recognised when the group is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. 

Cash donations are recognised on receipt. Other donations are recognised once the group has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

Where income relates to subsequent accounting periods, it is carried forward as deferred income. 

- 15 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 1 Accounting policies 

(Continued) 

Subscription income is recognised on a receivable basis. 

Trading income from training courses and related product sales is recognised when the charity is entitled to the income when services are provided. 

Turnover for the e-lifesaver licence is recognised on the date the customers are granted access to the courses as the costs to provide the courses have already been incurred and no further costs will be incurred when the customer views the content. In addition, control is passed to the customer at the date they are provided access to the courses. 

Royalties are recognised on a receivable basis. 

Conference income is recognised when the conference has taken place. 

Investment income is recognised on a receivable basis. 

## 1.5 Resources expended 

Expenditure is recognised when a liability is incurred. All expenditure is accounted for on an accruals basis. The funding for providing educational materials and training is recognised as the goods and services are supplied. Research grants are recognised when a constructive obligation arises and the payment becomes an unavoidable commitment. The costs of the development of the e-learning programme are recognised as the liabilities are incurred. 

Direct costs attributable to a single activity are allocated directly to that activity. 

Governance costs include those incurred in the governance by the trustees of the charity's assets and are primarily associated with constitutional and statutory requirements of operating the charity. 

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources. 

## 1.6 Intangible fixed assets other than goodwill 

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. 

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. 

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: 

Patents & licences Software and website E-Learning platform 

5 years Straight line 25% Reducing balance 5 years Straight line 

- 16 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 1 Accounting policies 

(Continued) 

## 1.7 Tangible fixed assets 

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: 

Fixtures, fittings and equipment 

## 25% Reducing balance 

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 

## 1.8 Fixed asset investments 

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date.  Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred. 

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. The investment in subsidiaries is held at cost. 

## 1.9 Impairment of fixed assets 

At each reporting end date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 

## 1.10 Stocks 

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition under a first-in-first-out (FIFO) basis. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. 

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. 

## 1.11 Cash and cash equivalents 

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 

## 1.12 Financial instruments 

The group has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 

Financial instruments are recognised in the group's balance sheet when the group becomes party to the contractual provisions of the instrument. 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 

- 17 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 1 Accounting policies 

(Continued) 

## Basic financial assets 

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 

## Derecognition of financial assets 

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party. 

## Basic financial liabilities 

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 

## Derecognition of financial liabilities 

Financial liabilities are derecognised when the group’s contractual obligations expire or are discharged or cancelled. 

## 1.13 Employee benefits 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. 

Termination benefits are recognised immediately as an expense when the group is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 

## 1.14 Retirement benefits 

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 

## 1.15 Leases 

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease. 

## 1.16 Foreign exchange 

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss. 

## 1.17 Current asset investments 

Current asset investments are short term liquid investments with original maturities of three months or more, or cash held for investment purposes. 

- 18 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 1 Accounting policies 

## (Continued) 

## 1.18 Current asset investments 

Current asset investments are short term liquid investments with original maturities of three months or more, or cash held for investment purposes. 

## 1.19 Irrecoverable VAT 

The charity is registered for Value Added Tax (VAT) but is partially exempt, so is unable to recover all VAT incurred on its purchases. Expenditure in the Statement of Financial Activities is recognised exclusive of any VAT. Any irrecoverable VAT is treated as a separate expense and is recognised within support costs. 

## 2 Critical accounting estimates and judgements 

In the application of the group’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 

## Key sources of estimation uncertainty 

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows. 

## Useful economic lives of non-current assets 

The useful economic lives of non-current assets have been derived from the judgement of the directors, using their best estimate of the write-down period. 

## Stock valuation and obsolescence 

Stocks are valued at the lower of cost and net realisable value. Cost is based on the purchase cost. Net realisable value, includes, where necessary, provisions for slow moving and obsolete stocks. Calculation of these provisions requires judgements to be made, which include the forecasted customer demand, competitive and economic environment as well as the ageing of stock. These variables are monitored by the directors and a provision is in place to mitigate the relevant risk. 

## 3 Donations and legacies - Charity and consolidated 

||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||general|general|
||2025|2024|
||£|£|
|Donations and gifts|3,204|7,013|



- 19 - 



||Total|2024|£|138,372|
|---|---|---|---|---|
||Conferences|2024|£|46,218|
||Royalties|2024|£|70,044|
||Subscriptions|2024|£|22,110|
||Total|2025|£|74,236|
||Conferences|2025|£|49,749|
||Royalties|2025|£|171|
||Subscriptions|2025|£|24,316|
|Charitable activities - Charity and consolidated||||Sales within charitable activities|





## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

|5|Course guidelines and registrations and lifesaver - Consolidated|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||general|general|
|||2025|2024|
|||£|£|
||Trading activity income|4,336,667|3,724,072|
|6|Course guidelines and registrations - Charity|||
|||Unrestricted|Unrestricted|
|||funds|funds|
|||general|general|
|||2025|2024|
|||£|£|
||Trading activity income|4,187,285|3,599,521|
|7|Investments - Charity and consolidated|||
|||Unrestricted|Unrestricted|
|||funds|funds|
|||general|general|
|||2025|2024|
|||£|£|
||Income from listed investments|13,796|24,858|
||Interest receivable|145,653|123,318|
|||159,449|148,176|
|8|Other income - Charity|||
|||Unrestricted|Unrestricted|
|||funds|funds|
|||general|general|
|||2025|2024|
|||£|£|
||Management charge to Resuscitation Council (U.K.) Trading Limited|57,756|36,963|



- 21 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2025 

## 9 Raising funds - Consolidated 

||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||general|general|
||||2025|2024|
||||£|£|
|Trading costs|||||
|Trading activity costs – guidelines and e-lifesaver|||707,974|616,488|
|Staff costs|||287,853|235,268|
|Support costs|||2,359,924|2,318,761|
|Trading costs|||3,355,751|3,170,517|
|Investment management|||23,101|20,859|
||||||
||||3,378,852|3,191,376|



10 Raising funds - Charity 

|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2025|2024|
|||||£|£|
||Trading costs|||||
||Trading activity costs - guidelines|||636,910|558,512|
||Staff costs|||287,853|235,268|
||Support costs|||2,241,211|2,220,459|
||Trading costs|||3,165,974|3,014,239|
||Investment management|||23,101|20,859|
|||||||
|||||3,189,075|3,035,098|
|11|Net movement in funds|||2025|2024|
|||||£|£|
||The net movement in funds is stated after charging/(crediting):|||||
||Fees payable|for the audit of the charity's financial statements||14,573|14,500|
||Depreciation of owned tangible fixed assets|||20,746|24,058|
||Loss on disposal of tangible fixed assets|||-|8,614|
||Amortisation of intangible assets|||184,381|172,325|



- 22 - 



|Total|2024|£|167,459|54,897|805,891||47,796||1,076,043|||394,843|681,200|1,076,043|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Innovation|2024|£|533|-|251,337||14,907||266,777|||264,832|1,945|266,777|
|Education|2024|£|166,926|-|417,310||24,749||608,985|||130,011|478,974|608,985|
|Research|2024|£|-|54,897|137,244||8,140||200,281|||-|200,281|200,281|
|Total|2025|£|213,370|140,576|1,038,714||61,677||1,454,337|||941,090|513,247|1,454,337|
|Innovation|2025|£|-|-|228,687||13,579||242,266|||242,266|-|242,266|
|Education|2025|£|213,370|-|488,287||28,994||730,651|||698,824|31,827|730,651|
|Research|2025|£|-|140,576|321,740||19,104||481,420|||-|481,420|481,420|
||||Direct costs|Grant funding of activities (see note 19)|Share of support costs (see note 14)||Share of governance costs (see note 14)||||Analysis by fund|Unrestricted funds - general|Unrestricted funds - designated||





|Total|2024|£|267,459|54,897|805,891||47,796||1,176,043|||494,843|681,200|1,176,043|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Innovation|2024|£|100,533|-|251,337||14,907||366,777|||364,832|1,945|366,777|
|Education|2024|£|166,926|-|417,310||24,749||608,985|||130,011|478,974|608,985|
|Research|2024|£|-|54,897|137,244||8,140||200,281|||-|200,281|200,281|
|Total|2025|£|313,370|140,576|1,038,714||61,677||1,554,337|||1,041,090|513,247|1,554,337|
|Innovation|2025|£|100,000|-|228,687||13,579||342,266|||342,266|-|342,266|
|Education|2025|£|213,370|-|488,287||28,994||730,651|||698,824|31,827|730,651|
|Research|2025|£|-|140,576|321,740||19,104||481,420|||-|481,420|481,420|
||||Direct costs|Grant funding of activities (see note 19)|Share of support costs (see note 15)||Share of governance costs (see note 15)||||Analysis by fund|Unrestricted funds - general|Unrestricted funds - designated||





||Basis of allocation||||Direct costs|Direct costs|Direct costs|Direct costs|Time usage|Direct costs|Direct costs|Direct costs|Direct costs|Direct costs|Direct costs|Governance|Governance|Governance|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||2024||(as restated)|£|1,958,042|204,997|47,221|28,510|161,163|5,402|207,890|146,844|(634)|126,248|122,416|14,500|26,367|123,482|3,172,448|||2,318,761|853,687|3,172,448|
||2025Support costs Governance|costs|(as restated)|£<br>£<br>£|2,123,977<br>1,958,042<br>-|205,126<br>204,997<br>-|87,244<br>47,221<br>-|21,695<br>28,510<br>-|162,695<br>153,105<br>8,058|5,236<br>5,402<br>-|239,887<br>207,890<br>-|114,599<br>145,419<br>1,425|961<br>(634)<br>-|221,635<br>126,248<br>-|97,964<br>122,416<br>-|14,573<br>-<br>14,500|28,201<br>-<br>26,367|136,522<br>-<br>123,482|3,460,315<br>2,998,616<br>173,832|||2,359,924<br>2,192,725<br>126,036|1,100,391<br>805,891<br>47,796|3,460,315<br>2,998,616<br>173,832|
||Governance|costs||£|-|-|-|-|8,056|-|-|5,867|-|-|-|14,573|28,201|136,522|193,219|||131,542|61,677|193,219|
||Support|costs||£|2,123,977|205,126|87,244|21,695|154,639|5,236|239,887|108,732|961|221,635|97,964|-|-|-|3,267,096|||2,228,382|1,038,714|3,267,096|
|Support costs - Consolidated|||||Staff costs|Depreciation|Staff training and welfare|Insurance|Rent and rates|Storage|Information Technology costs|Travel and subsistence|Printing, postage and stationery|Input VAT disallowed|Other costs|Audit fees|Accountancy|Legal and professional|||Analysed between|Trading|Charitable activities||
|14|||||||||||||||||||||||||





|15<br>Support costs - Charity<br>Support<br>costs<br>Governance<br>costs<br>2025Support costs Governance<br>costs<br>2024<br>Basis of allocation<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>£<br>£<br>Staff costs<br>2,123,977<br>-<br>2,123,977<br>1,958,042<br>-<br>1,958,042<br>Direct costs<br>Depreciation<br>109,108<br>-<br>109,108<br>117,023<br>-<br>117,023<br>Direct costs<br>Staff training and welfare<br>87,244<br>-<br>87,244<br>47,221<br>-<br>47,221<br>Direct costs<br>Insurance<br>21,695<br>-<br>21,695<br>28,078<br>-<br>28,078<br>Direct costs<br>Rent and rates<br>153,061<br>8,056<br>161,117<br>153,105<br>8,058<br>161,163<br>Time usage<br>Storage<br>5,236<br>-<br>5,236<br>5,402<br>-<br>5,402<br>Direct costs<br>Information Technology costs<br>234,764<br>-<br>234,764<br>206,973<br>-<br>206,973<br>Direct costs<br>Travel and subsistence<br>108,732<br>5,867<br>114,599<br>145,419<br>1,425<br>146,844<br>Direct costs<br>Printing, postage and stationery<br>465<br>-<br>465<br>(1,000)<br>-<br>(1,000)<br>Direct costs<br>Input VAT disallowed<br>221,635<br>-<br>221,635<br>126,248<br>-<br>126,248<br>Direct costs<br>Other costs<br>88,389<br>-<br>88,389<br>122,193<br>-<br>122,193<br>Direct costs<br>Audit fees<br>-<br>8,650<br>8,650<br>-<br>8,500<br>8,500<br>Governance<br>Accountancy<br>-<br>28,201<br>28,201<br>-<br>24,012<br>24,012<br>Governance<br>Legal and professional<br>-<br>136,522<br>136,522<br>-<br>123,447<br>123,447<br>Governance<br>3,154,306<br>187,296<br>3,341,602<br>2,908,704<br>165,442<br>3,074,146<br>Analysed between<br>Trading<br>2,115,592<br>125,619<br>2,241,211<br>2,102,813<br>117,646<br>2,220,459<br>Charitable activities<br>1,038,714<br>61,677<br>1,100,391<br>805,891<br>47,796<br>853,687<br>3,154,306<br>187,296<br>3,341,602<br>2,908,704<br>165,442<br>3,074,146<br>Governance costs include payments to the auditors of £8,650 (2024: £8,500) for audit fees.|- 26 -|
|---|---|





## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 16 Net gains/(losses) on investments - Charity and consolidated 

||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||general|general|
||2025|2024|
||£|£|
|Revaluation of investments|121,160|269,792|
|Gain/(loss) on sale of investments|(33,312)|13,190|
||87,848|282,982|



## 17 Taxation 

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 

## 18 Trustees 

During the period 4 trustees (2024: 3) were reimbursed £22,372 (2024: £19,415) in respect of travelling and other expenses. 

No other trustees received any remuneration during the period. 

## 19 Grants payable - Charity and consolidated 

|Research<br>Research<br>2025<br>2024<br>£<br>£<br>Grants to institutions:<br>University of Warwick<br>110,576<br>9,735<br>The Circuit<br>30,000<br>-<br>King's College London<br>-<br>39,500<br>Royal United Bath<br>-<br>5,662<br>140,576<br>54,897|Research<br>Research<br>2025<br>2024<br>£<br>£<br>Grants to institutions:<br>University of Warwick<br>110,576<br>9,735<br>The Circuit<br>30,000<br>-<br>King's College London<br>-<br>39,500<br>Royal United Bath<br>-<br>5,662<br>140,576<br>54,897|Research<br>Research<br>2025<br>2024<br>£<br>£<br>Grants to institutions:<br>University of Warwick<br>110,576<br>9,735<br>The Circuit<br>30,000<br>-<br>King's College London<br>-<br>39,500<br>Royal United Bath<br>-<br>5,662<br>140,576<br>54,897|
|---|---|---|
||2025<br>£<br>110,576<br>30,000<br>-<br>-<br>140,576|2024<br>£<br>9,735<br>-<br>39,500<br>5,662|
|||54,897|



At the balance sheet date outstanding grants payable total £Nil (2024: £39,500). These are included in other creditors due within one year. 

- 27 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 20 Grants payable - Charity 

|Grants to institutions:<br>University of Warwick<br>The Circuit<br>King's College London<br>Royal United Bath|Research|Research|
|---|---|---|
||2025<br>£<br>110,576<br>30,000<br>-<br>-<br>140,576|2024<br>£<br>9,735<br>-<br>39,500<br>5,662|
|||54,897|



At the balance sheet date outstanding grants payable total £Nil (2024: £39,500). These are included in other creditors due within one year. 

## 21 Employees - Charity and consolidated 

The average monthly number of employees during the year was: 

|Employees<br>Employment costs<br>Wages and salaries<br>Social security costs<br>Other pension costs|2025<br>Number<br>39<br>2025<br>£<br>1,944,352<br>224,851<br>242,627<br>2,411,830|2024<br>Number<br>40|
|---|---|---|
|||2024<br>£<br>1,801,344<br>208,642<br>183,324|
|||2,193,310|



The number of employees whose annual remuneration was £60,000 or more were: 

|were:|||
|---|---|---|
||2025|2024|
||Number|Number|
|£60,000 - £69,999|2|1|
|£70,000 - £79,999|2|3|
|£80,000 - £89,999|2|-|
|£100,000 - £109,999|1|1|



- 28 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2025 

|22|Retirement benefit schemes|||
|---|---|---|---|
|||2025|2024|
||Defined contribution schemes|£|£|
||Charge to profit or loss in respect of defined contribution schemes|242,627|183,324|



The group operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the group in an independently administered fund. 

|23<br>Deferred income<br>2025<br>2024<br>£<br>£<br>Other deferred income<br>700,967<br>368,542<br>Deferred income is included in the financial statements as follows:<br>2025<br>2024<br>£<br>£<br>Deferred income is included within:<br>Current liabilities<br>700,967<br>368,542<br>Movements in the year:<br>Deferred income at 1 April 2024<br>368,542<br>358,168<br>Released from previous periods<br>(368,542)<br>(358,168)<br>Resources deferred in the year<br>700,967<br>368,542<br>Deferred income at 31 March 2025<br>700,967<br>368,542|2025<br>£<br>700,967|2024<br>£<br>368,542|
|---|---|---|
||||
||||
|||2024<br>£<br>368,542|
|||368,542|



- 29 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2025 

|24<br>Intangible fixed assets - Consolidated<br>Cost<br>At 1 April 2024<br>Additions - separately acquired<br>At 31 March 2025<br>Amortisation and impairment<br>At 1 April 2024<br>Amortisation charged for the year<br>At 31 March 2025<br>Carrying amount<br>At 31 March 2025<br>At 31 March 2024<br>25<br>Intangible fixed assets - Charity<br>Cost<br>At 1 April 2024<br>Additions - separately acquired<br>At 31 March 2025<br>Amortisation and impairment<br>At 1 April 2024<br>Amortisation charged for the year<br>At 31 March 2025<br>Carrying amount<br>At 31 March 2025<br>At 31 March 2024|Patents &<br>licences<br>Software and<br>website<br>E-Learning<br>platform<br>£<br>£<br>£<br>29,344<br>751,166<br>467,358<br>2,145<br>112,069<br>10,600<br>31,489<br>863,235<br>477,958<br>15,640<br>486,002<br>225,455<br>6,225<br>82,564<br>95,592<br>21,865<br>568,566<br>321,047<br>9,624<br>294,669<br>156,911<br>13,704<br>265,164<br>241,903<br>Patents &<br>licences<br>Software and<br>website<br>£<br>£<br>29,344<br>751,166<br>2,145<br>112,069<br>31,489<br>863,235<br>15,640<br>486,002<br>6,225<br>82,564<br>21,865<br>568,566<br>9,624<br>294,669<br>13,704<br>265,164|Total<br>£<br>1,247,868<br>124,814|
|---|---|---|
|||1,372,682|
|||727,097<br>184,381|
|||911,478|
|||461,204|
|||520,771|
|||Total<br>£<br>780,510<br>114,214|
|||894,724|
|||501,642<br>88,789|
|||590,431|
|||304,293|
|||278,868|



- 30 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

|26|Tangible fixed assets - Consolidated||
|---|---|---|
|||Fixtures, fittings and equipment|
|||£|
||Cost||
||At 1 April 2024|178,787|
||Additions|9,674|
||At 31 March 2025|188,461|
||Depreciation and impairment||
||At 1 April 2024|102,567|
||Depreciation charged in the year|20,746|
||At 31 March 2025|123,313|
||Carrying amount||
||At 31 March 2025|65,148|
||At 31 March 2024|76,220|
|27|Tangible fixed assets - Charity||
|||Fixtures, fittings and equipment|
|||£|
||Cost||
||At 1 April 2024|176,463|
||Additions|9,674|
||At 31 March 2025|186,137|
||Depreciation and impairment||
||At 1 April 2024|101,950|
||Depreciation charged in the year|20,319|
||At 31 March 2025|122,269|
||Carrying amount||
||At 31 March 2025|63,868|
||At 31 March 2024|74,513|



- 31 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 28 Fixed asset investments - Consolidated 

||Listed|
|---|---|
||investments|
||£|
|Cost or valuation||
|At 1 April 2024|3,592,606|
|Additions|1,647,476|
|Valuation changes|45,267|
|Disposals|(1,523,737)|
|At 31 March 2025|3,761,612|
|Carrying amount||
|At 31 March 2025|3,761,612|
|At 31 March 2024|3,592,606|



## Fixed asset investments revalued 

Listed investments are recognised at their fair value of £3,761,612 (2024: £3,592,606). The valuation was undertaken by Brown Shipley as at 31 March 2025. The fair value for the listed investments is equivalent to the market value. The historical cost value of the investments is £3,739,585 (2024: £3,961,739). 

## 29 Fixed asset investments - Charity 

||Listed|Other|Total|
|---|---|---|---|
||investments|investments||
||£||£|
|Cost or valuation||||
|At 1 April 2024|3,592,606|275,003|3,867,609|
|Additions|1,647,476|-|1,647,476|
|Valuation changes|45,267|-|45,267|
|Disposals|(1,523,737)|-|(1,523,737)|
|At 31 March 2025|3,761,612|275,003|4,036,615|
|Carrying amount||||
|At 31 March 2025|3,761,612|275,003|4,036,615|
|At 31 March 2024|3,592,606|275,003|3,867,609|
|||2025|2024|
|Other investments comprise:|Notes|£|£|
|Investments in subsidiaries|30|275,003|275,003|



- 32 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 29 Fixed asset investments - Charity 

## (Continued) 

## Fixed asset investments revalued 

Listed investments are recognised at their fair value of £3,761,612 (2024: £3,592,606). The valuation was undertaken by Brown Shipley as at 31 March 2025. The fair value for the listed investments is equivalent to the market value. The historical cost value of the investments is £3,739,585 (2024: £3,961,739). 

## 30 Subsidiaries 

Details of the group's subsidiaries at 31 March 2025 are as follows: 

||Name of undertaking|Registered|Nature of business|Class of|% Held|% Held|
|---|---|---|---|---|---|---|
|||office||shares held<br>Direct||Indirect|
||Resuscitation Council (U.K.)|60-62 Margaret|First aid training solutions|Ordinary|100.00||
||Trading Limited|Street, London,|||||
|||W1W 8TF|||||
|31|Stocks - Charity and consolidated||||||
||||||2025|2024|
||||||£|£|
||Finished goods and goods for resale||||75,074|102,419|
|32|Debtors - Consolidated||||||
||||||2025|2024|
||Amounts falling due within|one year:|||£|£|
||Trade debtors|||686,976||391,754|
||Other debtors||||29,581|54,301|
||Prepayments and accrued income|||261,789||227,671|
|||||978,346||673,726|
|33|Debtors - Charity||||||
||||||2025|2024|
||Amounts falling due within|one year:|||£|£|
||Trade debtors|||683,705||385,244|
||Amounts owed by subsidiary|undertakings|||663|111,234|
||Other debtors||||27,123|55,500|
||Prepayments and accrued income|||261,526||227,446|
|||||973,017||779,424|



- 33 - 



## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

|34<br>Creditors: amounts falling due within one year - Consolidated<br>Notes<br>Other taxation and social security<br>Deferred income<br>23<br>Trade creditors<br>Other creditors<br>Accruals<br>35<br>Creditors: amounts falling due within one year - Charity<br>Notes<br>Other taxation and social security<br>Deferred income<br>23<br>Trade creditors<br>Other creditors<br>Accruals<br>36<br>Financial instruments - Consolidated<br>Carrying amount of financial assets<br>Debt instruments measured at amortised cost<br>Instruments measured at fair value through profit or loss<br>Carrying amount of financial liabilities<br>Measured at amortised cost<br>37<br>Financial instruments - Charity<br>Carrying amount of financial assets<br>Debt instruments measured at amortised cost<br>Instruments measured at fair value through profit or loss<br>Carrying amount of financial liabilities<br>Measured at amortised cost|2025<br>2024<br>(as restated)<br>£<br>£<br>439,359<br>229,804<br>700,967<br>368,542<br>108,500<br>120,231<br>20,101<br>19,210<br>116,211<br>126,393<br>1,385,138<br>864,180<br>2025<br>2024<br>(as restated)<br>£<br>£<br>439,359<br>229,804<br>700,967<br>368,542<br>103,449<br>114,088<br>20,101<br>19,210<br>107,916<br>118,493<br>1,371,792<br>850,137<br>2025<br>2024<br>(as restated)<br>£<br>£<br>716,557<br>446,055<br>3,761,612<br>3,592,606<br>684,170<br>495,637<br>2025<br>2024<br>(as restated)<br>£<br>£<br>710,829<br>440,743<br>3,761,612<br>3,592,606<br>670,825<br>481,595|2025<br>2024<br>(as restated)<br>£<br>£<br>439,359<br>229,804<br>700,967<br>368,542<br>108,500<br>120,231<br>20,101<br>19,210<br>116,211<br>126,393<br>1,385,138<br>864,180<br>2025<br>2024<br>(as restated)<br>£<br>£<br>439,359<br>229,804<br>700,967<br>368,542<br>103,449<br>114,088<br>20,101<br>19,210<br>107,916<br>118,493<br>1,371,792<br>850,137<br>2025<br>2024<br>(as restated)<br>£<br>£<br>716,557<br>446,055<br>3,761,612<br>3,592,606<br>684,170<br>495,637<br>2025<br>2024<br>(as restated)<br>£<br>£<br>710,829<br>440,743<br>3,761,612<br>3,592,606<br>670,825<br>481,595|
|---|---|---|
|||481,595|



- 34 - 



## 

|Designated funds - Charity and consolidated|The income funds of the group include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:|Balance at<br>Resources<br>Transfers<br>Balance at<br>Resources<br>Transfers<br>Balance at|1 April 2023<br>expended<br>1 April 2024<br>expended<br>31 March 2025|£<br>£<br>£<br>£<br>£<br>£<br>£|Property Purchase<br>4,000,000<br>-<br>-<br>4,000,000<br>-<br>(4,000,000)<br>-|Research and development<br>280,000<br>(200,281)<br>(79,719)<br>-<br>-<br>150,000<br>150,000|Technology and communications<br>130,000<br>-<br>1,000<br>131,000<br>-<br>92,000<br>223,000|E-learning<br>140,200<br>(52,089)<br>(45,111)<br>43,000<br>-<br>444,000<br>487,000|Community grant applications<br>-<br>-<br>25,000<br>25,000<br>(481,420)<br>506,420<br>50,000|Governance and assurance development<br>-<br>-<br>-<br>-<br>-<br>29,000<br>29,000|Clinical service development<br>10,200<br>-<br>(10,200)<br>-<br>-<br>-<br>-|Other projects<br>190,726<br>(428,828)<br>351,102<br>113,000<br>(31,827)<br>169,827<br>251,000|4,751,126<br>(681,198)<br>242,072<br>4,312,000<br>(513,247)<br>(2,608,753)<br>1,190,000|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|38||||||||||||||





## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

|39<br>Analysis of net assets between funds - Consolidated<br>Unrestricted<br>funds<br>Designated<br>funds<br>2025<br>2025<br>£<br>£<br>Fund balances at 31 March 2025 are represented by:<br>Intangible fixed assets<br>461,204<br>-<br>Tangible assets<br>65,148<br>-<br>Investments<br>-<br>3,761,612<br>Current assets/(liabilities)<br>5,072,878<br>(2,571,612)<br>5,599,230<br>1,190,000<br>40<br>Analysis of net assets between funds - Charity<br>Unrestricted<br>funds<br>Designated<br>funds<br>2025<br>2025<br>£<br>£<br>Fund balances at 31 March 2025 are represented by:<br>Intangible fixed assets<br>304,293<br>-<br>Tangible assets<br>63,868<br>-<br>Investments<br>-<br>4,036,615<br>Current assets/(liabilities)<br>5,294,510<br>(2,846,615)<br>5,662,671<br>1,190,000|Total<br>Unrestricted<br>funds<br>Designated<br>funds<br>Total<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>461,204<br>520,770<br>-<br>520,771<br>65,148<br>76,220<br>-<br>76,220<br>3,761,612<br>-<br>3,592,606<br>3,592,606<br>2,501,266<br>2,052,024<br>719,394<br>2,771,418<br>6,789,230<br>2,649,014<br>4,312,000<br>6,961,015<br>Total<br>Unrestricted<br>funds<br>Designated<br>funds<br>Total<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>304,293<br>278,868<br>-<br>278,868<br>63,868<br>74,513<br>-<br>74,513<br>4,036,615<br>-<br>3,867,609<br>3,867,609<br>2,447,895<br>2,360,923<br>444,391<br>2,805,314<br>6,852,671<br>2,714,304<br>4,312,000<br>7,026,304|Total<br>Unrestricted<br>funds<br>Designated<br>funds<br>Total<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>461,204<br>520,770<br>-<br>520,771<br>65,148<br>76,220<br>-<br>76,220<br>3,761,612<br>-<br>3,592,606<br>3,592,606<br>2,501,266<br>2,052,024<br>719,394<br>2,771,418<br>6,789,230<br>2,649,014<br>4,312,000<br>6,961,015<br>Total<br>Unrestricted<br>funds<br>Designated<br>funds<br>Total<br>2025<br>2024<br>2024<br>2024<br>(as restated)<br>(as restated)<br>£<br>£<br>£<br>£<br>304,293<br>278,868<br>-<br>278,868<br>63,868<br>74,513<br>-<br>74,513<br>4,036,615<br>-<br>3,867,609<br>3,867,609<br>2,447,895<br>2,360,923<br>444,391<br>2,805,314<br>6,852,671<br>2,714,304<br>4,312,000<br>7,026,304|
|---|---|---|
|||7,026,304|



## 41 Operating lease commitments 

At the reporting end date the group had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 

|Within one year<br>Between two and five years|2025<br>£<br>165,094<br>27,650<br>192,744|2024<br>£<br>161,064<br>26,844|
|---|---|---|
|||187,908|



Operating lease payments recognised as an expense in the year were £161,064 (2024: £167,425). 

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## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2025 

|42|Cash generated from operations - Consolidated|2025|2024||
|---|---|---|---|---|
||||(as restated)||
|||£|£||
||(Deficit)/surplus for the year|(171,785)|33,196||
||Adjustments for:||||
||Investment income recognised in statement of financial activities|(159,449)|(148,176)||
||(Gain)/loss on disposal of tangible fixed assets|-|8,614||
||Loss/(gain) on disposal of investments|33,312|(13,190)||
||Fair value gains and losses on investments|(121,160)|(269,792)||
||Amortisation and impairment of intangible assets|184,380|172,325||
||Depreciation and impairment of tangible fixed assets|20,746|24,058||
||Movements in working capital:||||
||Decrease/(increase) in stocks|27,345|(46,762)||
||(Increase) in debtors|(304,620)|(95,056)||
||Increase in creditors|188,533|115,505||
||Increase in deferred income|332,425|10,374||
||Cash generated from/(absorbed by) operations|29,727|(208,904)||
|43|Analysis of changes in net funds - Consolidated||||
||The group had no material debt during the year.||||



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## RESUSCITATION COUNCIL (UK) 

## NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 

## 44 Prior period adjustment 

Changes to the balance sheet 

|As<br>Creditors due within one year<br>Other taxation and social security<br>The funds of the group<br>Unrestricted funds designated<br>Unrestricted funds general<br>Total funds<br>Changes to the statement of financial activities<br>As<br>Raising funds<br>Net movement in funds|At 31 March 2024<br>previously<br>reported<br>Adjustment<br>As restated<br>£<br>£<br>£<br>(74,784)<br>(155,020)<br>(229,804)<br>4,312,000<br>-<br>4,312,000<br>2,804,035<br>(155,020)<br>2,649,015<br>7,116,035<br>(155,020)<br>6,961,015<br>Period ended 31 March 2024<br>previously<br>reported<br>Adjustment<br>As restated<br>£<br>£<br>£<br>3,072,189<br>119,187<br>3,191,376<br>152,383<br>(119,187)<br>33,196|
|---|---|



Since the balance sheet date, the trustees identified that prior periods included over-claimed input VAT arising from errors in the annual partial exemption adjustments, and under-reported output VAT relating to membership income since January 2021. 

Following identification of the issue, the trustees engaged an independent VAT specialist to review all affected periods and determine the correct VAT liability. The review concluded that VAT had been under-declared in prior periods, resulting in additional VAT due of £155,020, of which £119,187 relates to 2024, and £35,833 relates to 2023 and 2022. 

Full disclosure has been made to HM Revenue and Customs, and arrangements have been made to settle the liability in full. A prior year adjustment has been processed to recognise the historic element of the liability within other taxation and social security. 

The trustees have strengthened internal VAT controls and will continue to monitor compliance through periodic external review. 

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