**Charity registration no: 261666**
**THE NORFOLK ACCIDENT RESCUE SERVICE (NARS) ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024**
**THE NORFOLK ACCIDENT RESCUE SERVICE**
||**Contents**||
|---|---|---|
|||**Page no**|
|Charity information||1|
|Trustees report||2-3|
|Independent Examiner’s report||4|
|Balance sheet||5|
|Statement of Financial Activities||6-7|
|Notes to the Financial Statements||8-11|
||**Charity information**||
Charity registration no: 261666 Location of principal activity:-
Millbanks Hall Lane Dereham NR20 3GG
Mr C J Neil, a trustee of the charity, holds title to the above property.
## **Trustees**
Dr S Turner Mr C J Neil R Warwick
## **Accountants**
Stephenson Smart (East Anglia) Limited Queens Head House The Street Acle Norwich NR13 3DY
## **Bankers**
Barclays Bank Plc 5-7 Red Lion St Norwich NR1 3QH
1
**THE NORFOLK ACCIDENT RESCUE SERVICE TRUSTEES’ REPORT YEAR ENDED 31 MARCH 2024**
The trustees submit their annual report and the financial statements for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities 2015” in preparing the annual report and financial statement of the charity.
## **Objectives and activities**
The Norfolk Accident Rescue Service is governed by its constitution adopted on 14 September 1970. The charity provides immediate care to accident victims or other emergencies, in the county of Norfolk and contiguous areas. All active members are qualified general practitioners or paramedics. The charity only responds to 999 calls and members receive no remuneration whatsoever. The charity provides members’ clothing, equipment and training up to the required NHS standard.
## **Public benefit**
The trustees have due regard to guidance issued by the Charity Commission in respect of public benefit and are satisfied that the charity meets the requirements.
## **Achievements and performance**
This year witnessed a significant stride for The Norfolk Accident Rescue Service (NARS) as the partnership with EEAST brought about the integration of Advanced Paramedics, thereby elevating NARS's prominence and influence in the region.
Notably, the steadfast contributions of NARS Community First Responders (CFRs) in Norfolk have continued to play a pivotal role in addressing emergency calls, bolstering the overall emergency response time within the region and strengthening collaboration with EEAST.
Additionally, the NARS Advanced Life Support (ALS) team orchestrated a series of successful courses, fostering an esteemed reputation for providing high-quality education to healthcare professionals. Their efforts have enhanced the healthcare landscape and underscored NARS's commitment to professional development.
The commendable dedication of our home responders in attending to emergency calls within their communities has significantly enhanced patient outcomes, underscoring the indispensable role of their expertise and swift response.
Emphasising the commitment to fostering excellence, NARS has successfully integrated level one clinicians, providing them with comprehensive training and support. Their positive impact on the local community reflects the efficacy of NARS's investment in developing skilled healthcare professionals.
Looking ahead, it is imperative for NARS to secure increased funding to sustain and expand the operations of its dedicated teams. This strategic approach will ensure the continuity of their exceptional service, enabling them to continue their valuable contributions to the community.
2
## **THE NORFOLK ACCIDENT RESCUE SERVICE TRUSTEES’ REPORT YEAR ENDED 31 MARCH 2024**
## **Financial review**
## _Financial statements_
The Balance Sheet and Statement of Financial Activities are set out on pages 5 to 7 of the financial statements.
## _Result for the year_
The charity’s incoming resources decreased to £152,720, compared to £168,778 in 2023. Total resources expended totalled £200,876 (2023: £233,091), which resulted in a deficit of £48,156, compared to a deficit of £64,313 in 2023.
## _Financial position_
The charity has total funds of £526,046 (2023: £574,202) and these are all unrestricted. The trustees are satisfied the charity has adequate liquid resources available.
## _Reserves policy_
The trustees aim to keep reserves of a minimum six months’ expenditure to meet the day-to-day running expenses of the charity.
## **Governance and internal control**
The trustees meet regularly to review the affairs of the charity.
This report was approved by the board on ………………………………..
Mr C J Neil
## **Trustee**
3
## **INDEPENDEDENT EXAMINERS REPORT TO THE TRUSTEES OF THE NORFOLK ACCIDENT RESCUE SERVICE**
We report on the accounts of the charity for the year ended 31 March 2024 which are set out on page 5 to 11.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is our responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with our examination, no matter has come to our attention:
- 1 which gives us reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- 2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Stephenson Smart (East Anglia) Limited Chartered Accountants Queens Head House The Street Acle Norwich NR13 3DY**
**……………………………………………..**
4
## **THE NORFOLK ACCIDENT RESCUE SERVICE BALANCE SHEET AS AT 31 MARCH 2024**
|**FIXED ASSETS**
Tangible
**CURRENT ASSETS**
Debtors and prepayments
Balances at bank
**LESS CURRENT LIABILITIES**
Creditors
**NET CURRENT ASSETS**
**NET ASSETS**
**UNRESTRICTED FUNDS**
Balance 1 April 2023
Surplus for the year|**Notes**
3
4
5
7|**2024**
497,266
497,266
3,324
66,944
70,268
41,488
28,780
526,046
574,202
(48,156)
£526,046|**2024**
497,266
497,266
3,324
66,944
70,268
41,488
28,780
526,046
574,202
(48,156)
£526,046|**2023**
516,973
516,973
-
113,455
113,455
56,226
57,229
£574,202
638,515
(64,313)
£574,202|**2023**
516,973
516,973
-
113,455
113,455
56,226
57,229
£574,202
638,515
(64,313)
£574,202|
|---|---|---|---|---|---|
|||3,324
66,944||-
113,455||
|||70,268||113,455||
|||41,488||56,226||
|||574,202
(48,156)||638,515
(64,313)||
||||526,046||£574,202|
|||||||
|||||||
||||£526,046||£574,202|
Approved by the Board of Trustees on ………………………………. and signed on its behalf by
Mr C J Neil
## **Trustee**
5
## **THE NORFOLK ACCIDENT RESCUE SERVICE STATEMENT OF FINANCIAL ACTIVITES AS AT 31 MARCH 2024**
## **Incoming resources from generated funds**
|**Voluntary income**
Donations
Gift Aid
**Activities for generating funds**
Training
Grants
Show ball
Room hire
**Investment income**
**Other**
Deferred income
**Total incoming resources**
**Resources expended**
**Fundraising**
Fundraising expenses
Postage, stationery, admin and computer
**Costs of charitable activities**
Consumable medical supplies
Clothing etc
Utilities and rates
Internal training
External training
Mentor shifts
Website and IT expenses
Admin staff and other costs
Motor running costs
Property repairs and maintenance
Event costs
(Profit)/loss on disposal of fixed assets
Depreciation of equipment
**Governance costs**
Accountancy
Insurance
**Total resources expended**|**2024**
**2023**
**Unrestricted**
**general fund**
**Restricted**
**fund**
**Total**
**funds**
**Total**
**funds**
99,089
-
99,089
108,461
-
-
-
-|
|---|---|
||99,089
-
99,089
108,461|
||39,760
-
39,760
45,925
-
-
-
1,500
-
-
-
-
200
-
200
560|
||39,960
-
39,960
47,985|
||326
-
326
24|
||13,345
-
13,345
12,308|
||152,720
-
152,720
168,778|
||49,803
-
49,803
41,734
1,077
-
1,077
2,146|
||50,880
-
50,880
43,880|
||4,507
-
4,507
25,268
9,392
-
9,392
10,827
7,174
-
7,174
6,046
385
-
385
1,204
35,882
-
35,882
29,139
-
-
-
160
1,952
-
1,952
-
24,280
-
24,280
55,994
23,763
-
23,763
19,676
6,667
-
6,667
6,560
-
-
-
1,581
-
-
-
(6,250)
25,723
-
25,723
30,882|
||139,725
-
139,725
181,087|
||1,008
-
1,008
915
9,263
-
9,263
7,209|
||10,271
-
10,271
8,124|
||200,876
-
200,876
233,091|
6
## **THE NORFOLK ACCIDENT RESCUE SERVICE STATEMENT OF FINANCIAL ACTIVITES AS AT 31 MARCH 2024**
|**Net incoming resources for the year**
Total funds brought forward
**Total funds carried forward**|**2024**
**2023**
**Unrestricted**
**general fund**
**Restricted**
**fund**
**Total**
**funds**
**Total**
**funds**
(48,156)
-
(48,156)
(64,313)
574,202
-
574,202
638,515|
|---|---|
||£526,046
-
£526,046
£574,202|
7
## **THE NORFOLK ACCIDENT RESCUE SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## _(a) Basis of Accounting_
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
Basis of preparation:
The accounts have been prepared using the historical cost basis 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 (FRS 102) issued on 16 July 2014 - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). The accounts have also been prepared in accordance with Update Bulletin 1 issued in February 2016 for reporting periods beginning on or after 1 January 2016, which has been early adopted as permitted.
The charity constitutes a public benefit entity as defined by FRS 102.
Reconciliation with previously Generally Accepted Accounting Practice:
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required.
No restatements were required.
## _(b) Fund accounting_
- Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
- Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## _(c) Income_
- All income is accounted for on a receivable basis.
## _(d) Expenditure_
Expenditure is recognised on an accrual basis as a liability is incurred.
- Charitable activities comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
8
## **THE NORFOLK ACCIDENT RESCUE SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **Accounting policies (continued)**
- _(e) Tangible fixed assets_
Fixed assets are initially recorded at cost. Depreciation is provided on the cost of tangible fixed assets, to write down to their estimated residual values over their expected useful lives. The principal annual rates used for the assets are:-
Motor vehicles 25% reducing balance Equipment and plant 15% reducing balance
- _(f) Intangible fixed assets and amortisation_
Amortisation is provided on the cost of intangible fixed assets, to write down their estimated residual values over their expected useful lives. The principal annual rates used for the assets are:-
Website 33% straight line
- _(g) Debtors_
Debtors with no stated interest and payable within one year are recorded at transaction price.
- _(h) Creditors_
Creditors with no stated interest and payable within one year are recorded at transaction price.
- _(i) Going concern_
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist.
## 2. **Intangible fixed assets**
|**Cost**
At 1st April 2023
Additions
At 31st March 2024
**Depreciation**
At 1st April 2023
Charge for year
At 31st March 2024
**Net book value**
At 31st March 2024
At 31st March 2023|**Website**|
|---|---|
||**£**
15,968
-|
||15,968|
||15,968
-|
||15,968|
||-|
||-|
9
**THE NORFOLK ACCIDENT RESCUE SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## 3. **Tangible fixed assets**
|**Cost**
At 1st April 2023
Additions
Disposals
At 31st March 2024
**Depreciation**
At 1st April 2023
Charge for year
Eliminated on disposal
At 31st March 2024
**Net book value**
At 31st March 2024
At 31st March 2023|**Property**
**Property**
**improve-**
**ments**
**Equipment**|
|---|---|
||**£**
**£**
**£**
355,912
-
24,212
-
218,629
6,015
-
-
-|
||355,912
24,212
224,644|
||-
-
-
-
124,699
14,992
-
-
-|
||-
-
139,691|
||£355,912
£24,212
£84,953|
||£355,912
£24,212
£93,930|
|**Cost**
At 1st April 2023
Additions
Disposals
At 31st March 2024
**Depreciation**
At 1st April 2023
Charge for year
Eliminated on disposal
At 31st March 2024
**Net book value**
At 31st March 2024
At 31st March 2023|**Motor**
**vehicles**
**Total**|
|---|---|
||**£**
**£**
116,353
-
715,106
6,015
-
-|
||116,353
721,121|
||73,434
10,730
198,133
25,722
-
-|
||84,164
223,855|
||£32,189
£487,266|
||£42,919
£516,973|
10
## **THE NORFOLK ACCIDENT RESCUE SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## 4.
## 5.
|**Debtors**
VAT
**Creditors**
Creditors and accruals
Deferred income
VAT|**2024**
£
3,324
3,324
**2024**
£
1,008
40,480
-
£41,488|**2023**
£
-|
|---|---|---|
|||-|
|||**2023**
£
915
51,224
4,087|
|||£56,226|
## 6. **Taxation**
The charity is exempt from UK taxation.
## 7. **Unrestricted funds**
The trustees consider it prudent that the unrestricted funds should be sufficient:
- a) To avoid the necessity of realising fixed assets held for the charity’s use (£535,106)
- b) To cover six months’ administration, overhead and support costs (£65,000)
The unrestricted funds are currently within that range.
## 8. **Related party transactions**
During the year, trustees were reimbursed expenses of £300. There were no other transactions with related parties.
11