THE AIRAMBULANCE NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE AIR AMBULANCE NORTHERN IRELAND
Opinion
We have audited the financial statements of The Air Ambulance Northern Ireland (the 'charity'l for the year ended
31 March 2024 which comprise Ihe statement of fin8naal activities. the balance sheet. the statement of cash flows
and the notes to the financial statements, induding a summary of S￿nIfICant accounting policies. The financial
reporting framewort( that has been applied in their preparation is applicable law and United Kingdom Accounts-ng
Standards, including Financial Reporting Slandard 102 The Filpancial Reporting Standard applicable in the UK and
Republic of Irelarjd (United lfjngdom Generalty Accepted Account"ng Practicel-
In our opinion, the financial statements..
give a twe and fair wew of the stste of the charitable company's affairs as at 31 March 2024 and of its
incoming resour￿ 8nd application of reSoUr￿s. including its income and expendtture, for the year then
ended.,
have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practi￿.
and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basls lor oplnlon
We conduded our audit in accordance with Intemational Standards on Auditing {UKI IISAS {UK}l and applicable
law. Our r8sponsibilities under those stsndards are further described in the Auditorfs responsibilities for the audit of
the financi81 statements section of our report. We are independent of the charity in accordance with the ethic81
requirements that ar8 relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fvlfilled our other ethic81 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 Iru5tees' use of the going concem basis of
accounting in the preparation of the financial ststements is appropriate.
Based on the Work we have performed. we have not identified any material Un￿rtaIntieS relating to events or
conditsons that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
con￿rn for a period of at least fv￿1ve months from when the financial ststements are 2Uthorised for issue.
Our responsibilities and the responsibilities of the trustees with ￿Spect to going con￿rn are described in the
relevant sections of this report.
Other Infomiatlon
The other information comprises the infomiation included in the annual report other than the financial statements
and our auditorfs 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 infomiation and, except to the exient
otherwise explicidy stated in our report, 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 wtth 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 deternine whether this gives rise to a Material misstatement in the financial statements themselves. If,
based on the WOTk we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that fact.
have nothing to report in this regard.
Oplnions on other matters prescribed by the Companies Act 2006
In our opinion. based on the work undertaken in the course of our audit..
the infomation given in the trustees, report for the financial year for which the finanual statements are
prepared, which includes the directors, report prepared for the purposes of company law, is consistent with the
financial statements,. and
the directors, report included wthin the trustees, report has been prepared in accordance with applicable legal
requirements.

THE AIR AMBULANCE NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE AIR AMBULANCE NORTHERN IRELAND
Matters on vthieh we are required to report by exceptlon
In the light of the knowledge and understanding of the charity and its 8nvironment obtsined in the course of the
audit, we have not identified malerial misststements in the directors, report included within the trustees, report.
We have nothing to report in respect of the following matters in relab'on to which the Companies Act 2006 require5
us to report to you if. in our opinion-.
adequate accounting records have not been kept, or relurns adequate for our audit have not been re￿iVed
from branches not visited by us,. or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosu￿$ of trustees. remuneration specified by law a￿ not made,. or
we have not received all the information and explanalions we require for our audit., or
the trustees were not entitled to prepare the finanaal ststements in accordan￿ with the small companies
regime and take advantage of the small companie5, exemptions in preparing the trustees. report and from the
requirement to prepare a strategic report.
Responslbllltles of trustees
As explained more fulty in the ststement of trustees, responsibilities, the trustees. who are also the directors of the
charity for the purpose of company law. are responsible for the preparation of the financial ststements and for being
satisfied that they give a true and fair view, and for such intemal control as the trustees detemiine 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 Irustees a￿ responsible for assessing the charity's ability to
continue as a going concem. disclosing. as applicable. matters related to going con￿rn and using the going
COn￿M basis of a¢¢ounting unless the trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic alternative bLrt to do so.
Auditorfs responsibilities for the audit of the financial slatements
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as a whole are free from
material misstatement. whether due to fraud or error, and to issue an auditols 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 reasonabty be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud. is detailed below.
Extent to which the audit was considered capable of delecting irregularitlos, Including fraud
The objectives of our audit in ￿Spect of fraud, are- to identify and assess the risks of material misstatement of the
financial statements due to fraud,. to obtain sufficient appropriate audit evidence regarding the assessed risks of
malerial misstatement due to fraud. through designing and implemenling appropriate responses to those assessed
risks- and to respond appropriately to instsnces of fraud or suspected fraud identified during the audiL However, the
primary responsibility for the prevention and detection of fraud rests with both management and those charged with
govemance ofthe charitable company.
Based on our understanding of the charitable company and its operating environment, we detem)ined that the mosl
significant frameworks which have a direct impact on the preparation of the financial statements are those related to
the reporting framework, IFRS 102, the Charities Act (Northern Ireland} 2008, The Charities (Accounts and Reports)
Regulations {Northem Ireland) 2015, the Charity SORP and the Companies Act 20061. Addits'onally, we concluded
that there are significant laws and regulations in relakn'on to the company's charitable status and activities of which
non<0mplian￿ may have a material effect on the financial stslements.
We assessed Ihe susceptibility of the charitable companYs financial ststements to material misstatement, including
how fraud might occur, induding evaluating managemenvs incentives and opportunities to manage eamings or
influence the reported results. From the results of our assessment, we determined that the principal risks of fraud
relate to posting inappropriate journal entries and use of charty funds for purposes outsid8 of restrictions imposed
by the donor. In common with all audits under ISAS (UK), we are required to perform specific procedures to respond
to the Tisk of management override.
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THE AIRAMBULANCE NORTHERN IRELAND
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE AIR AMBULANCE NORTHERN IRELAND
Audit response to risks identified
As part of an audrt in accordance with ISAS {UKI we exercise professional judgement and maintsin professional
sceplicism throughout the aud￿ Audit procedures perfomied by the engagement team included."
We obtained an understsnding of the charitable company's intemal control systems in order to design audit
prO￿dureS that are appropriate in the circumstances, but not for the purposes of expressing an opinion on
the effectiveness of the charitable company's internal control_
We obtained an understanding of how the charitable company COTnplies with relevant12ws and regulations,
induding those as a result of its registration with the Charity Commission for Northem Ireland and
charitable ststus with HM Revenue & Customs , by making enquiTies of management and those charged
with govemance.
Enquiry of management. those charged with governan￿ and the enttty's solicitors around actual and
potential libgation and claims.
Enquiry of entity stsff to identify any InStan￿S of non-complian￿ with laws 2nd regulations.
Perfomiing analytical procedures to identify any unusual or unexpected relationships that may indicate
risks of material misstatement due to fraud
Reviewing minLJtes of meetings of Ihose charged with governance
Reviewing financial statement disclosures and testing to supporbng documentstion to assess compliance
with applicable laws and regulations.
We lest the completeness of donations and legaaes income to address the risk of fraud in revenue
recognits'on.
Auditing the risk of management override of controls, including through testing journal entries and other
adjuslments for appropriateness, and evaluating the business rationale of significant Iransactions that are
unusual or outside the nomial course of business.
Auditing Ihe risk of use of charity funds outside of resln'ctions imposed by the donor by review of fvnding
letters of offer to identify restrictions, and ￿VIeW of funding daims prepared by management to check
Complian￿ with reslri¢tions.
We communicated ￿levant laws and regulations and potential fraud risks to all engagement team members, and
remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. There
are inherent limitations in the audit procedures described above and the further removed non-complian￿ with laws
and regulations is from the events and transa¢tions reflected in the financial statements, the less likely we would
become aware of it. Also, the risk of not detecting a material misststement due to fraud is higher than the risk of not
detecting one resulting from e￿Or, as fraud may involve deliberate concealment through collusion. forgery.
intentional omissions, misrepresentations or the override of internal control.
A further description of our responsibilities is available on Ihe Financial Reporting Council's website at.. https.'Il
www.frc.org.uklauditorsresponsibilities. This descripb'on forms part of our audito¢s report.
Use of our report
This report is made solely to the charitable companKs members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might stste to the charitable companls
members those matters we are required to state to them in an auditorf5 report and foi no other putpose. To the
fvllest extent petrnstted by law, we do not accept or assume responsibility to anyone other than Ihe charitable
company and the charitable company's members as a body, for our audit work, for thi5 report. or for the opinions we
have fomied.
Dr R I Peters Gallagher OBE FCA (Senior Statutory Auditor)
for and on behalf of Moorg (Nl) LLP
28 November 2024
Chartered Accountants
Stst￿ory Auditor
21123 Clarendon Street
DerrylLondonderry
BT48 7EP
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