COMPANY REGISTRATION NUMBER: 03553177
CHARITY REGISTRATION NUMBER: 1188273
British Association for Immediate Care Company Limited by Guarantee Unaudited financial statements
30 April 2022
British Association for Immediate Care
Company Limited by Guarantee
Financial statements
Year ended 30 April 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the directors' report) | 1 |
| Independent examiner's report to the trustees | 9 |
| Statement of financial activities (including income and expenditure account) | 11 |
| Balance sheet | 12 |
| Statement of cash flows | 14 |
| Notes to the financial statements | 15 |
British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report)
Year ended 30 April 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 April 2022.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Companies Act 2006 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 published in October 2019.
Chair's report
This report focuses on the period from the 1 May 2021 until 30 April 2022. It charts the period immediately following the country having been in lockdown due to the Covid 19 pandemic and its associated restrictions. The 'new normal' for the Association included an ongoing commitment to smaller and more frequent courses, the headquarters staff working as a hybrid team with the office resourced once a week to facilitate the dispatch of membership packs and online-shop parcels.
This, for the Association, has been a challenging but rewarding period due in the greater part to the ongoing effects of the pandemic and the increased pressures within health. We were grateful to receive a further £250,000 donation from the HELP Appeal which has been distributed, via two grant application processes, to affiliated schemes to support their operational activities. We have also worked in partnership, with Smarter Metering Services Ltd who are a private company based in the East of England, to support six schemes who have now benefited from the donation of a response vehicle each.
Membership has continued to grow with a key stimulant being our social media presence which is curated by our office-based team. Our educational portfolio continues to be well received and run at full capacity with a healthy waiting list. Our Pre-Hospital Emergency Care (PHEC) course had recommenced in Autumn 2020 but our five-day Immediate Care Course (ICC) launched in September 2021 after its planned March 2021 inaugural course was cancelled by the venue due to the pandemic. As a brand-new course, the ICC brought together some of our most experienced faculty who worked alongside colleagues from the Dorset and Wiltshire Fire and Rescue Service training school at their West Moors training centre.
Our October 2021 conference broke new ground with an online event being hosted from a hotel venue in the West Midlands. Due to concerns regarding public health, the limitations in place and the potential for stricter limitations on face-to-face meetings a core team comprising the conference coordinating committee, chaired by Dr Andy Pountney, and a technical team led by Mr Richard Steyn oversaw the delivery of a very successful online conference.
Our core headquarters services are running smoothly but are increasingly busy due to workloads associated with course management, membership services and the administrative 'tidy-up' following the restructuring. Nancy Howlett, our membership officer went on maternity leave in February 2022 and the same month we welcomed Tia Hursey as her maternity cover and also Jemma Careswell as the new courses and events officer.
Mrs Nikki Cooke, an non elected trustee, resigned in December 2021 and I am personally grateful for her expertise and input during her period with us.
In closing, I would like to sincerely thank our education faculty members, members of the board (our trustees) and our office staff for their part in the work of British Association for Immediate Care as well as our members for being part of the growth of our Association.
Paul Gates Chairman of the Board
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British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report) (continued) Year ended 30 April 2022
Reference and administrative details
Registered charity name British Association for Immediate Care Charity registration number 1188273 Company registration number 03553177 Principal office and registered Easton House office 4 Turret Lane Ipswich Suffolk IP4 1DL
The trustees
The trustees who served during the year and at the date of approval were as follows:
Mr P Gates (Chair) Dr A Pountney (Vice Chair) Dr R Cottingham (Hon Treasurer) Dr J Barratt Ms N Cooke (resigned 4 December 2021) Prof A Leary MBE Dr K Muscroft Prof T Quinn Dr R Steyn Company secretary Mr A Kemp MBE FBASICS (Chief Officer) Honarary Appointments President Prof Sir Keith Porter Vice president Dr P Holden FBASICS Independent examiner Mark Proctor FCA DChA Lovewell Blake LLP Chartered accountants Bankside 300 Peachman Way Broadland Business Park Norwich NR7 0LB Bankers Royal Bank of Scotland 8-10 Princes Street Ipswich Suffolk IP1 1QT Solicitors Birketts LLP Providence house 141-145 Princes Street Ipswich Suffolk IP1 1QJ
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British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report) (continued) Year ended 30 April 2022
Objectives and activities
Our objects are:
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For the public benefit, the relief of persons suffering injury or illness including by, but not limited to:
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advancing the education of individuals who provide pre-hospital immediate care including health care professionals from a wide range of professions as well as military medical personnel, associate practitioners, community first responders and first aid and voluntary rescue staff; and
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acting as a resource body for schemes, individuals and other organisations who provide pre-hospital immediate care.
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To advance the education of the public in general (and particularly amongst health care professionals) in the subject of pre-hospital immediate care and to promote research for the public benefit in all aspects of that subject and to publish the useful results of such research.
Public benefit
Our main activities are described within this report. All our charitable activities focus on the activities described within our Objects. These activities are undertaken to further our charitable purposes for the public benefit through contributing to the relief of persons suffering from serious injury and illness by the provision of specialist education, acting as a national resource body and encouraging research in prehospital immediate care.
The Trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Association's aims and objectives, in planning future activities.
Achievements and performance
Despite the overshadowing of the pandemic and all of its ramifications the Association has gone from strength to strength. This has occurred within our office delivery, membership and scheme services, online sales and our course offering. Due to the pandemic, our annual conference held in October 2021 was an online event. The Association is being referenced and consulted in national strategic projects for the benefit of our members and schemes.
Office delivery
Continuing to work as a hybrid model the office is physically resourced one day a week to allow for essential office-based tasks including the sending out of new members' welcome packs and online shop purchases. Added to that course equipment is prepared and packed on-site and following considerable efforts has been rationalised and containerised to provide for greater flexibility in logistics and maintenance.
The new office database, introduced at the beginning of this reporting period, has been a major piece of work undertaken by the office team. Refinement and troubleshooting has been ongoing due in the greater part to previous practice leading to a number of inconsistencies in current records. Frequently these are not identified until a problem occurs or a data set misreports and only then can a process of data reconciliation occur. This has in particular kept our membership team busy and on their toes.
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British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report) (continued)
Year ended 30 April 2022
Achievements and performance (continued)
Membership and scheme services
Membership numbers have increased from 1,057 to 1,277 over the reporting period, a remarkable rise of 20.8%. April saw the long-service awards sent out with members receiving lapel pins marking their 10, 15, 20 and 30-year membership anniversaries. The Association was again privileged to be recognised as one of the nominating bodies for the award of the Queen's Platinum Jubilee Medal having previously been similarly recognised for the award of the Golden and Diamond Jubilee Medals and these were dispatched in early June for the Jubilee celebrations.
Over £700,000 in total has now been distributed to schemes via a competitive grant process with monies donated by the HELP Appeal. Added to that the generosity of Smarter Metering Services Ltd have led to further response vehicles being donated directly to a number of affiliated schemes.
A number of national relationships are in place with new ones established to represent our aims and the interests of our members and affiliated schemes.
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Faculty of Pre-Hospital Care at the Royal College of Surgeons of Edinburgh
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Association of Ambulance Chief Executives (AACE)
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Driver Training Advisory Group of AACE (DTAG).
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National HEMS Audit and Research Forum
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Association of Anaesthetists of Great Britain and Ireland (AAGBI)
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Royal College of Nursing guidance for verification of unexpected death
Two new schemes have been affiliated within the reporting period:
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Beds and Herts Emergency Critical Care Scheme (BHECCS)
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SCAS BASICS
Courses
There has been a total of 12-PHEC and 1-ICC courses delivered within the reporting period. Course enquires remain strong and have included delivery via bespoke courses into industry and higher education.
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British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report) (continued)
Year ended 30 April 2022
Financial review
We are pleased to present the Accounts for the Association for 2021-2022 within this report. The trustees are extremely grateful for the support received from the office staff and particularly for the hard work of Derek Eade in keeping our financial affairs running so smoothly and keeping the Association updated.
We also wish to thank Ensors who have provided our professional services until 2021 and wish them well. As we move on to our new structures and systems and extend a very warm welcome to our new examiners and accountants, Lovewell Blake LLP. We look forward to a lasting working relationship.
The Associations finances remain in excellent health. Our income this year totals £780,710, with £152,674 of membership income and a truly significant income of £151,563 from our incredibly popular courses. We would like to pay tribute to all our Instructors and Course Directors who have worked so tirelessly to deliver this highly sought-after teaching. As noted above, the HELP appeal continues generously to donate £250k per annum to the Association to support our schemes and members.
Expenditure for the year totalled £498,056 resulting in an overall surplus of £282,654.
Our fixed assets are relatively unchanged at £237,995 and net current assets of £560,442 mean that the charity have total funds of £798,437.
At the year end the charity held £91,972 in restricted funds and free reserves amounted to £468,470.
It is noteworthy that an investment of £124k in 2013 will mature next year, and our Honorary Treasurer has recommended to the Board that this and the awaited legacy be invested to support our reserves policy.
Our pricing policy
Our pricing strategy for both our courses is focused on delivering cost effective opportunities for the Association's members, whilst ensuring that others active and interested in pre-hospital care are also able to attend at a competitive and fair price. Course prices remained static until towards the end of the reporting period, when a 3.5% inflationary increase was applied against a national background of sharply rising prices, increased fuel costs and increased venue costs.
Annual subscriptions
The subscription structure has remained without change or increase recognising the increased membership numbers.
Donations
The HELP Appeal in October of 2021 donated a total of £250,000 which has been used to provide 13 cash grants within this reporting period. Thanks to their generosity seven emergency vehicles have been provided alongside equipping responders and their vehicles with purchases as divergent as blue lights and sirens, personal protective equipment, safety cameras, training and education.
A legacy donation is currently in process of being administered which has an estimated value of £200,000.
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British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report) (continued)
Year ended 30 April 2022
Financial review (continued)
Reserves policy and going concern
The Trustees are very mindful of the need to be diligent and use the Association's money to further its objects as a charity. As a charity, the Association is required to ensure that it does not have excessive amounts of reserves and that its money is used to further the objects:
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The charity must ensure that it uses its financial reserves to further its objects. The charity must not keep large reserves as this could affect future income from other sources as they would want to see the charity use the money to further its objects appropriately.
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There is a need to ensure that the charity has some reserves of money to continue to function should no income be forthcoming for whatever reason. Whilst the charity currently has a regular income this should not be relied on and proper budget production, monitoring and planning should be in place to minimise risk.
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The charity will maintain a reserve to meet its running costs for 12 months. This money is to be maintained in a bank account with appropriate access.
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Where the charity has a specific business case for a project a fund will be set up to ensure the money for this is dedicated to delivering the project.
As at the year end, free reserves of the charity amounted to £468,470 and at this point in time, the Trustees are content that the reserves it holds will allow it to successfully function for the next two to three years without further income. We therefore consider the charity to remain as a going concern.
At the year end the charity also held restricted reserves of £91,972.
Risk Policy
The Association is required to have an up-to-date risk register. This documents all the risks it is exposed to, and what mitigations are in place. The risk register is reviewed at regular intervals.
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity and are satisfied that systems are in place to mitigate our exposure to these major risks.
Plans for future periods
Future plans are focused on strengthening the office base with recruitment for a course & events business manager and two part-time staff instructors. This is in response to the increased demand for courses including within the bespoke sector. To support our development of our charities governance we will also be looking to obtain a short-term management and governance consultant. A key aim as the Association moves forward is to re-establish its role within national governance and discussions for matters relating to pre-hospital care. The current activities in this area demonstrate that there is a role for the Association to play and that as this area of activity is extended our affiliated schemes will gain greater traction regionally by our activities nationally.
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British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report) (continued)
Year ended 30 April 2022
Structure, governance and management
Governing Document
The British Association for Immediate Care is a company limited by guarantee governed by its Articles of Association dated 14 February 2020 and more recently amended by special resolution on 8 February 2021. It is registered as a charity with the Charity Commission. Membership is open to individuals interested in pre-hospital emergency care and to schemes organised to provide the same. Individual members agree to contribute £1 in the event of the charity winding up.
Appointment of trustees
As set out in the Articles of Association, up to six trustees are elected by the voting membership of the Association. The trustees have the power to co-opt up to five others to serve as trustees, these are normally non-voting members of the Association and would normally be non-members. The chair and other officers of the trustees are appointed from amongst the trustees themselves according to their needs.
All members are circulated with invitations to nominate trustees prior to an election taking place. The election of trustees occurs normally at an annual general meeting. When considering co-opting trustees, the Board has regard to the requirement for any specialist skills needed.
Trustee induction and training
Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Fundraising Regulator
The charity does not actively fundraise from the public or run legacy campaigns or undertake similar fundraising activities in its own right or via a trading subsidiary or third party. The trustees are pleased to receive unsolicited gifts and legacies from patrons and supporters who generously support our immediate care work, however the trustees have no plans to actively fundraise from the public in the foreseeable future.
There have been no complaints to the Fundraising Regulator in the period.
Investment policy and performance
The trustees, having regard to the liquidity requirements of operating the Association, have kept available funds in an interest-bearing deposit account.
Key management personnel remuneration
The trustees consider the Association's trustees, and the senior management team comprise the key management personnel of the charity in charge of directing and controlling, running and operating the Association on a day-to-day basis. All trustees give of their time freely and no trustee received remuneration in the year. Details of trustees' expenses and related party transactions are disclosed in note 15 to the accounts.
The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings. In view of the nature of the charity, the trustees benchmark against pay levels in the administrative levels of the NHS and local government.
Related parties
None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with a supplier must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. There are no related party transactions to report.
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British Association for Immediate Care
Company Limited by Guarantee
Trustees' annual report (incorporating the directors' report) (continued)
Year ended 30 April 2022
Small company provisions
This report has been prepared taking advantage of the small companies' exemption of section 415A of the Companies Act 2006.
The trustees' annual report was approved on 1 October 2022 and signed on behalf of the board of trustees by:
Mr P Gates (Chair) Trustee
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British Association for Immediate Care
Company Limited by Guarantee
Independent examiner's report to the trustees of British Association for Immediate Care
Year ended 30 April 2022
I report to the charity trustees on my examination of the financial statements of the company for the year ended 30 April 2022 which comprise the statement of financial activities (including income and expenditure account), balance sheet, statement of cash flows and the related notes.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the financial statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's financial statements as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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British Association for Immediate Care
Company Limited by Guarantee
Independent examiner's report to the trustees of British Association for
Immediate Care (continued)
Year ended 30 April 2022
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mark Proctor FCA DChA Independent Examiner
Lovewell Blake LLP Chartered accountants Bankside 300 Peachman Way Broadland Business Park Norwich NR7 0LB
10 Oct 22
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British Association for Immediate Care
Company Limited by Guarantee
Statement of financial activities (including income and expenditure account)
Year ended 30 April 2022
| Period from | |||||
|---|---|---|---|---|---|
| 1 Apr 20 to | |||||
| Year | to 30 Apr 22 | 30 Apr 21 | |||
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 217,761 | 250,000 | 467,761 | 250,549 |
| Charitable activities | 6 | 304,237 | – | 304,237 | 241,103 |
| Other trading activities | 7 | 4,252 | – | 4,252 | 4,212 |
| Investment income | 8 | 8 | – | 8 | 190 |
| Other income | 9 | 4,452 | – | 4,452 | 6,457 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total income | 530,710 | 250,000 | 780,710 | 502,511 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Expenditure | |||||
| Raising funds | |||||
| Costs of other trading activities | 10 | – | – | – | (2,990) |
| Charitable activities | 11 | (308,663) | (189,393) | (498,056) | (545,663) |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total expenditure | (308,663) | (189,393) | (498,056) | (548,653) | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Net income/(expenditure) before transfer of | |||||
| funds | 222,047 | 60,607 | 282,654 | (46,142) | |
| Transfers between funds | 7,500 | (7,500) | – | – | |
| Other recognised gains and losses | |||||
| Gains from revaluation of fixed assets | 20,000 | – | 20,000 | – | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net movement in funds | 249,547 | 53,107 | 302,654 | (46,142) | |
| Reconciliation of funds | |||||
| Total funds brought forward | 456,918 | 38,865 | 495,783 | 541,925 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 706,465 | 91,972 | 798,437 | 495,783 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 15 to 25 form part of these financial statements.
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British Association for Immediate Care
Company Limited by Guarantee
Balance sheet
30 April 2022
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | ||
| Fixed assets | ||||||
| Tangible fixed assets | 16 | 237,995 | 222,870 | |||
| Current assets | ||||||
| Stocks | 17 | 15,144 | 12,207 | |||
| Debtors | 18 | 234,664 | 39,800 | |||
| Cash at bank and in hand | 392,998 | 290,771 | ||||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||||
| 642,806 | 342,778 | |||||
| Creditors: Amounts falling due within | ||||||
| one year | 19 | (82,364) | (69,865) | |||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||||
| Net current assets | 560,442 | 272,913 | ||||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||||
| Total assets less current liabilities | 798,437 | 495,783 | ||||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||||
| Net assets | 798,437 | 495,783 | ||||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||||
| Funds of the charity | ||||||
| Restricted funds | 91,972 | 38,865 | ||||
| Unrestricted funds: | ||||||
| Revaluation reserve | 20,000 | – | ||||
| Other unrestricted income funds | 686,465 | 456,918 | ||||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||||
| Total unrestricted funds | 706,465 | 456,918 | ||||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||||
| Total charity funds | 22 | 798,437 | 495,783 | |||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
For the year ending 30 April 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The balance sheet continues on the following page. The notes on pages 15 to 25 form part of these financial statements.
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British Association for Immediate Care
Company Limited by Guarantee
Balance sheet (continued)
30 April 2022
These financial statements were approved by the board of trustees and authorised for issue on 1 Oct 22, and are signed on behalf of the board by:
Mr P Gates (Chair) Dr R Cottingham (Hon Treasurer) Trustee Trustee
Company registration number: 03553177
The notes on pages 15 to 25 form part of these financial statements.
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British Association for Immediate Care
Company Limited by Guarantee
Statement of cash flows
Year ended 30 April 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income/(expenditure) | 282,654 | (46,142) |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 6,351 | 2,779 |
| Impairment of tangible fixed assets | – | 1,000 |
| Other interest receivable and similar income | (8) | (190) |
| Interest payable and similar charges | 1,884 | 10,414 |
| Changes in: | ||
| Stocks | (2,937) | (12,207) |
| Trade and other debtors | (194,864) | (10,441) |
| Trade and other creditors | 12,499 | 24,725 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Cash generated from operations | 105,579 | (30,062) |
| Interest paid | (1,884) | (10,414) |
| Interest received | 8 | 190 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Net cash from/(used in) operating activities | 103,703 | (40,286) |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | (1,476) | (21,579) |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Net cash used in investing activities | (1,476) | (21,579) |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| Net increase/(decrease) in cash and cash equivalents | 102,227 | (61,865) |
| Cash and cash equivalents at beginning of year | 290,771 | 352,636 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| Cash and cash equivalents at end of year | 392,998 ৶৶৶৶৶৶৶৶৶ |
290,771 ৶৶৶৶৶৶৶৶৶ |
The notes on pages 15 to 25 form part of these financial statements.
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British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements
Year ended 30 April 2022
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Easton House, 4 Turret Lane, Ipswich, Suffolk, IP4 1DL.
2. Statement of compliance
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets measured at fair value through income or expenditure.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.
- 15 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
3. Accounting policies (continued)
Income
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from charitable activities included in full when receivable and deferred where received in advance.
-
income from sale of merchandise is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis.
- 16 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
3. Accounting policies (continued)
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 25% reducing balance Computer Equipment - 25% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Limited by guarantee
British Association for Immediate Care is a company limited by guarantee with no share capital. The liability of each member in the event of a winding up is limited to £1.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 823 | – | 823 |
- 17 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
5. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| £ | £ | £ | |||
| Legacies | |||||
| Legacies | 216,938 | – | 216,938 | ||
| Grants | |||||
| HELP Appeal | – | 250,000 | 250,000 | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| 217,761 | 250,000 | 467,761 | |||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| £ | £ | £ | |||
| Donations | |||||
| Donations | 549 | – | 549 | ||
| Legacies | |||||
| Legacies | – | – | – | ||
| Grants | |||||
| HELP Appeal | – | 250,000 | 250,000 | ||
| ৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |||
| 549 | 250,000 | 250,549 | |||
| ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||
| 6. | Charitable activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Membership | 152,674 | 152,674 | 104,464 | 104,464 | |
| Educational courses | 151,563 | 151,563 | 136,639 | 136,639 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| 304,237 | 304,237 | 241,103 | 241,103 | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| 7. | Other trading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Shop income | 4,252 | 4,252 | 4,212 | 4,212 | |
| ৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ||
| 8. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 8 | 8 | 190 | 190 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ |
- 18 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
9. Other income
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Other income | 4,452 | 4,452 | 985 | 985 | |
| CJRS furlough income | – | – | 5,472 | 5,472 | |
| ৄৄৄৄৄৄ | ৄৄৄৄৄৄ | ৄৄৄৄৄৄ | ৄৄৄৄৄৄ | ||
| 4,452 | 4,452 | 6,457 | 6,457 | ||
| ৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ||
| 10. | Costs of other trading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Cost of goods | – | – | 2,990 | 2,990 | |
| ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶৶৶ |
- 19 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
11. Expenditure on charitable activities
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Grant funding | Total funds | Total fund | ||
| directly | of activities | Support costs | 2022 | 2021 | |
| £ | £ | £ | £ | £ | |
| Grants awarded | – | 189,393 | – | 189,393 | 249,496 |
| Educational courses | 145,749 | – | 128,471 | 274,220 | 149,046 |
| Membership | – | – | 14,054 | 14,054 | 95,110 |
| Governance costs | – | – | 20,389 | 20,389 | 52,011 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 145,749 | 189,393 | 162,914 | 498,056 | 545,663 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
Governance costs
| Governance costs | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Independent examination fee - current year | 5,400 | 5,000 |
| Independent examination fee - previous year | 10,128 | – |
| Accountancy fees | 1,049 | 16,450 |
| Legal and professional fees | 3,262 | 27,016 |
| Other consultancy and service costs | 550 | 3,545 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 20,389 ৶৶৶৶৶৶৶ |
52,011 ৶৶৶৶৶৶৶ |
During the year ended 30 April 2022 £189,393 (2021: £244,496) of charitable activities was restricted and £308,663 (2021: £304,157) was unrestricted.
Grants to institutions:
| Grants to institutions: | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| BASICS Dorset | 23,000 | 2,270 |
| BASICS Essex Accident Rescue Service | 25,000 | 8,341 |
| BHECCS | 10,000 | – |
| BEEP Fund | 19,035 | 29,021 |
| BRAVO Medics | 25,000 | 20,161 |
| CSI BASICS | 24,663 | – |
| EMICS | 6,462 | 12,168 |
| LIVES HELP | 10,000 | 43,000 |
| MEDSERVE Wales | 17,880 | – |
| Mercia Accident Rescue | 9,636 | 4,229 |
| Suffolk Accident Rescue Service | 12,500 | – |
| SWIFT Medics | 950 | – |
| WYMRT | 5,267 | 15,370 |
| BASICS Cornwall | – | 9,051 |
| BASICS Devon | – | 45,165 |
| BASICS NI | – | 2,392 |
| BASICS North Staff | – | 2,883 |
| MAGPAS | – | 35,000 |
| North Wales | – | 10,500 |
| West Midlands | – | 9,945 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 189,393 | 249,496 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
- 20 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
12. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets | 6,351 | 2,779 |
| Operating leases | 2,964 | 11,234 |
| Impairment loss | – ৶৶৶৶৶৶ |
1,000 ৶৶৶৶৶৶৶ |
13. Independent examination fees
| Period from | ||
|---|---|---|
| Year to | 1 Apr 20 to | |
| 30 Apr 22 | 30 Apr 21 | |
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 5,400 | 5,000 |
| Other financial services | – | 16,450 |
| ৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 5,400 | 21,450 | |
| ৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
14. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| Period from | ||
|---|---|---|
| Year to | 1 Apr 20 to | |
| 30 Apr 22 | 30 Apr 21 | |
| £ | £ | |
| Wages and salaries | 86,478 | 108,876 |
| Social security costs | 3,452 | 4,264 |
| Employer contributions to pension plans | 3,541 | 3,291 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 93,471 ৶৶৶৶৶৶৶ |
116,431 ৶৶৶৶৶৶৶৶৶ |
The total remuneration of key management personnel of the Charity was £51,535 (2021: £90,846).
The average head count of employees during the year was 3 (2021: 4).
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
15. Trustee remuneration and expenses
None of the trustees (or any persons connected with them) received any remuneration during the period (2021: £Nil).
One trustee was reimbursed a total of £2,033 for travel and meeting expenses (2021: one trustee was reimbursed a total of £458). One trustee was paid a total of £5,890 for instructor fees (2021: one trustee was paid a total of £1,920 for instructor fees).
The charity has purchased trustee indemnity insurance for £1,353 (2021: £1,344).
- 21 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
16. Tangible fixed assets
| Freehold | Fixtures and | ||||
|---|---|---|---|---|---|
| property | fittings | Equipment | Total | ||
| £ | £ | £ | £ | ||
| Cost | |||||
| At 1 May 2021 | 200,000 | 80,922 | 33,248 | 314,170 | |
| Additions | – | – | 1,476 | 1,476 | |
| Revaluations | 20,000 | – | – | 20,000 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| At 30 April 2022 | 220,000 | 80,922 | 34,724 | 335,646 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Depreciation | |||||
| At 1 May 2021 | – | 80,486 | 10,814 | 91,300 | |
| Charge for the year | – | 109 | 6,242 | 6,351 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| At 30 April 2022 | – | 80,595 | 17,056 | 97,651 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Carrying amount | |||||
| At 30 April 2022 | 220,000 | 327 | 17,668 | 237,995 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| At 30 April 2021 | 200,000 | 436 | 22,434 | 222,870 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| 17. | Stocks | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Raw materials and consumables | 15,144 | 12,207 | |||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||||
| 18. | Debtors | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trade debtors | 950 | 1,680 | |||
| Prepayments and accrued income | 16,776 | 5,635 | |||
| Other debtors | 216,938 | 32,485 | |||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||||
| 234,664 | 39,800 | ||||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ||||
| 19. | Creditors: Amounts falling due within one year | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Trade creditors | 7,330 | 10,145 | |||
| Accruals and deferred income | 74,187 | 58,497 | |||
| Social security and other taxes | 497 | 1,223 | |||
| Other creditors | 350 | – | |||
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||||
| 82,364 | 69,865 | ||||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
- 22 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
20. Deferred income
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| At 1 May 21 | 50,152 | 40,270 |
| Amount released to income | (50,152) | (40,270) |
| Amount deferred in year | 50,273 | 50,152 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| At 30 Apr 22 | 50,273 | 50,152 |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
Deferred income above is in relation to courses and memberships for 2022/2023.
21. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £3,541 (2021: £3,291).
22. Analysis of charitable funds
Unrestricted funds
| At | ||||||
|---|---|---|---|---|---|---|
| At | Gains and | 30 April 202 | ||||
| 1 May 2021 | Income | Expenditure | Transfers | losses | 2 | |
| £ | £ | £ | £ | £ | £ | |
| General funds | 156,507 | 379,147 | (308,663) | 7,500 | – | 234,491 |
| Education Fund | 300,411 | 151,563 | – | – | – | 451,974 |
| Revaluation | ||||||
| reserve | – | – | – | – | 20,000 | 20,000 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 456,918 | 530,710 | (308,663) | 7,500 | 20,000 | 706,465 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| At | Gains and | At | ||||
| 1 April 2020 | Income | Expenditure | Transfers | losses | 30 April 2021 | |
| £ | £ | £ | £ | £ | £ | |
| General funds | 165,647 | 114,866 | (131,506) | 7,500 | – | 156,507 |
| Education Fund | 335,417 | 137,645 | (172,651) | – | – | 300,411 |
| Revaluation | ||||||
| reserve | – | – | – | – | – | – |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | |
| 501,064 ৶৶৶৶৶৶৶৶৶ |
252,511 ৶৶৶৶৶৶৶৶৶ |
(304,157) ৶৶৶৶৶৶৶৶৶ |
7,500 ৶৶৶৶৶৶ |
– ৶৶৶৶ |
456,918 ৶৶৶৶৶৶৶৶৶ |
- 23 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
22. Analysis of charitable funds (continued)
Restricted funds
| At | ||||||
|---|---|---|---|---|---|---|
| At | Gains and | 30 April 202 | ||||
| 1 May 2021 | Income | Expenditure | Transfers | losses | 2 | |
| £ | £ | £ | £ | £ | £ | |
| Travel Fund | 2,339 | – | – | – | – | 2,339 |
| Cotton Trust | 2,500 | – | – | – | – | 2,500 |
| Steel Fund | 92 | – | – | – | – | 92 |
| Haywood Memorial | ||||||
| Fund | 714 | – | – | – | – | 714 |
| Romanian Appeal | 2,519 | – | – | – | – | 2,519 |
| HELP Appeal | 30,701 | 250,000 | (189,393) | (7,500) | – | 83,808 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 38,865 | 250,000 | (189,393) | (7,500) | – | 91,972 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| At | Gains and | At | ||||
| 1 April 2020 | Income | Expenditure | Transfers | losses | 30 April 2021 | |
| £ | £ | £ | £ | £ | £ | |
| Travel Fund | 2,339 | – | – | – | – | 2,339 |
| Cotton Trust | 2,500 | – | – | – | – | 2,500 |
| Steel Fund | 92 | – | – | – | – | 92 |
| Haywood Memorial | ||||||
| Fund | 714 | – | – | – | – | 714 |
| Romanian Appeal | 2,519 | – | – | – | – | 2,519 |
| HELP Appeal | 32,697 | 250,000 | (244,496) | (7,500) | – | 30,701 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 40,861 | 250,000 | (244,496) | (7,500) | – | 38,865 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ |
Travel fund
The Travel fund is to assist members to attend overseas conferences and to provide feedback.
Cotton Trust fund
The Cotton Trust fund is to provide loans to members to buy equipment.
Steel fund
The Steel fund is to provide funding for e-learning courses on the charity's website.
Haywood Memorial fund
The Haywood Memorial fund provides funding for the annual lecture held at the conference and for the provision of a meal.
Romanian Appeal fund
The Romanian Appeal fund is to provide funds for Romanian doctors to attend UK conferences and to receive training.
HELP Appeal fund
The HELP Appeal fund provides grants to schemes.
- 24 -
British Association for Immediate Care
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 30 April 2022
23. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 237,995 | – | 237,995 | |
| Current assets | 550,834 | 91,972 | 642,806 | |
| Creditors less than 1 year | (82,364) | – | (82,364) | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net assets | 706,465 | 91,972 | 798,437 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Tangible fixed assets | 222,870 | – | 222,870 | |
| Current assets | 303,913 | 38,865 | 342,778 | |
| Creditors less than 1 year | (69,865) | – | (69,865) | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ||
| Net assets | 456,918 | 38,865 | 495,783 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| 24. | Analysis of changes in net debt | |||
| At | ||||
| At 1 May 2021 | Cash flows | 30 April 2022 | ||
| £ | £ | £ | ||
| Cash at bank and in hand | 290,771 | 102,227 | 392,998 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ||
| 25. | Operating lease commitments | |||
| The total future minimum lease payments under | non-cancellable operating leases are as follows: | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Not later than 1 year | 4,056 | – | ||
| Later than 1 year and not later than 5 years | 9,641 | – | ||
| ৄৄৄৄৄৄৄ | ৄৄৄৄ | |||
| 13,697 ৶৶৶৶৶৶৶ |
– ৶৶৶৶ |
26. Related parties
There were no related party transactions in the year (2021: £Nil).
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