OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS AUDITED FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 CHARITY NUMBER SC027131 OFFICIAL
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Legal and administrative information Report of the trustees Independent Auditors, report to the trustees 8-11 Statement of financial activities and Income and expenditure account 12 Balance sheet 13 Statement of cash flows 14 Statement of accounting principles and Notes to the financial statements 15-30 OFFICIAL
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS Headquarters . The Scottish Ambulance Service National Headquarter5 Gyle Square, I South Gyle Crescent Edinburgh. EH12 9EB Trustees . The Chairman, Chief Executive, Non-Executive and Executive Directors of the Scottish Ambulance Sepiice Board are the Endowment Fund Trustees Chair . Chief Executive . Non-Executive Directors . Executive Directors . Bankers . Virgin Money 83 George Street, Edinburgh, EH2 3ES Auditors . Azets Audit Services Quay 2, 139 Fountainbridge Edinburgh EH3 9QG Scottish Charity Number . SC027131 OFFICIAL
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS REPORT OF THE TRUSTEES ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Report of the trustees The Trustees have pleasure in presenting their report and audited financial statements of the Scottish Ambulance Service Endowment Funds (Endowment Funds) for the year ended 31 March 2025. Objectives and Activities The objective of the Endowment Funds is The advancement of health, through: (a) (b) (c) (d) improvement in the physical and mental health of the Board's population," the prevention, diagnosis and treatment of illness; the provision of services and facilities in connection to the above; and the research into any matters relating to the causation, prevention, diagnosis or treatment of illness, or into such other matters relating to the health service as the Trustees see fit. To observe any conditions attached to a donation or legacy prescribed by a donor to the charity, so far as is reasonably practicable, and consistent with the above purpose and the law. The charity's funds shall only be used for the purposes stated above. The Standing Financial Instructions have been developed to assist Trustees in meeting these objectives. Achievements and Performance Grant Funding from NHS Charities Together has allowed the establishment of a unique initiative to improve the health and wellbeing of young people. Our 'Young Minds Saves Lives, Programme is a youth-led project which aims to work closely with the local community to improve population health. The innovative training program will develop school children as youth health champions, focussing on skills required in incidents such as cardiac arrest and high-priority local healthcare issues such as falls management, stroke, diabetes and drug harm. The program also aims to engage young people in wider health careers, educate the community on pathways and ambulance response and promote preventative and anticipatory care. The Endowment fund continues to support First Responder schemes in Scotland and purchases have included shock boxes, protective clothing and other equipment. Training has been provided and equipment has been purchased that is additional to the provision the Scottish Ambulance Service makes through governmental funding sources.
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS REPORT OF THE TRUSTEES ON THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Financial Review Income Income during the year was £281,949 (2023124- £633,236). The Endowment Funds is entirely dependent on donations and legacies for the benefit of staff and patients in many locations in Scotland. Interest earned this year has increased to £17,115 (2023124 - £11,264). Legacies of £500 were received during 2024/25 (2023/24- £209,216). Ex enditure Expenditure during the year was £408,579 (2023124 - £145,681). The Trustees may spend funds for such purposes relating to services provided by them under the National Health Service Acts as they think fit, but always ensuring, so far as reasonably practicable, that the intentions of the donors plu5 any conditions imposed are met. The total deficit of expenditure over income for the period was £126.63012023124- £487,555 surplus). Total Value of the Fund The total value of the Fund at 31 March 2025 was £1,465,173 consisting of unrestricted funds of £418,336 (2023/24 £416,463) and restricted funds of £1,046,837 (2023/24 £1,175,340). Movements in the year are due to an operational deficit. Funds are held in cash in the following accounts: Virgin Money (formerly Clydesdale Bank) 1,680,998 TOTAL 1,680,998 There are no investments held by the Endowment Funds. Any investments that are left to the Endowment Funds are sold prior to the winding up of the legator's estate and the Endowment Funds has only received cash.
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS REPORT OF THE TRUSTEES ON THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Reserves Policy The unrestricted fund represents the free reserves of the Endowment Funds and are available to be utilised at the discretion of the Trustees. The use of funds held in each of the restricted funds, detailed on pages 22 to 30 are limited to the specific purposes for which the funding was made available. Activity on any fund will cease when those funds are exhausted. Principal risks and uncertainties The Trustees have a risk management strategy in place and the risk assessment process is designed to record the significant risks the Endowment Funds faces, to allocate responsibility for their mitigation along with associated management actions and timescales and to record management processes designed to minimise risks. The Trustees have identified the major strategic. business and operational risks which the Endowment Funds faces, as follows: Operational risks- fundraising issues, health and safety issues and fraud Financial risks- investment management Protection of data - cyber and information breaches The Trustees consider they have established systems to mitigate these risks by a variety of means: investment in market leading, commercial banks and regular reporting bythe manager; and protection of computer records by means of back up data. Fraud and health and safety issues are managed in line with agreed policies and effective controls. Fundraising has been relatively stable over recent years with no major cause for concern at this stage. There are no high or very high risks. We will continue to monitor these risks and actions and will update the risk register accordingly. Plans for Future Periods The Trustees will continue to administer the Endowment Funds in accordance with the Standing Financial Instructions and any additional guidance provided. Structure. Governance and Management of the Charitable Funds The Endowment Funds is an unincorporated charity administered under the terms of sections 82 to 84 of the National Health Service (Scotland) Act 1978. The charity was registered with the Office of the Scottish Charity Regulator from 29 November 1994. The Endowment Funds operates within the guidelines of an established set of Standing Financial Instructions (SFIS). These SFIs ensure full compliance with the instructions attached to any donations or legacies made to the Endowment Funds. The SFIS detail how decisions are made regarding the appropriate expenditure of the Endowment Funds. Compliance with the SFIS ensures that any major risks involved in the administration of the Endowment Funds are identified and carefully managed.
OFFICIAL SCOTnsH AMBULANCE SERVICE ENDOWMENT FUNDS REPORT OF THE TRUSTEES ON THE FINANCIAL STATEMENTS (Cont. FOR THE YEAR ENDED 31 MARCH 2025 'Endowment Fund5, are those gifts, donations, legacies and endowments made under the relevant charities legislation and held in the Endowment Funds. The Endowment Funds is divided into a number of smaller restricted funds relating to particular divisions. stations and schemes operating within the Service. Under the terms of the National Health Service and Community Care Act 1990 the Endowment Funds has the power to "accept, hold and administer any property on trust for purposes relating to any service which it is their function to make arrangements for, administer or provide". Under the National Health Service Trusts (Appointment of Trustees) (Scotland) {No. 2) order 1994, the chairman, non-executive directors, executive directors and directors of the Endowment Funds are appointed trustees ex officiis for the purpose of holding any property which is to be held in trust on behalf of the Endowment Funds under section 12G National Health Service (Scotland) Act 1978. Trustees are recruited and appointed in accordance with the Service's policy for appointment of Board Members. Trustees are supported and advised by their colleagues and given advice by the Board's Chief Executive and Director of Finance. The Scottish Ambulance Service are therefore the corporate Trustee. There are no relationships between the Endowment Funds and other parties. The relationship with the Scottish Ambulance Service exists on the basis that the members of the Scottish Ambulance Service board are the Trustees of the Endowment Funds. Management The Trustees are listed on page 2. The Trustees meet at least twice a year where they are advised by the Chief Executive. The Chief Executive is in charge of the day-to-day management of the Endowment Funds, with the support of the non-executive directors. The Trustees are ultimately in charge of decision making. The financial systems have an additional level of assurance through the accounting support from Scottish Ambulance Service staff. Key management personnel and remuneration policy The Trustees consider the board of Trustees comprise the key management personnel of the Endowment Funds as they are in charge of directing and controlling. running and operating the Endowment Funds on a day-to-day basis. All trustees give of their time freely and no trustee received remuneration nor expenses in the year.
OFFICIAL ScOlSH AMBULANCE SERVICE ENDOwmEr FUNDS REPORT OF THE TRUSTEES ON THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Trustees, responsibilities statement 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 Scotland 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 charity and of the incoming resources and application of resources of the charity for that period. 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 Statement of Recomrnended Practice. make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards have been followed, subject to any rnaterial departures disclosed and explained in the financial statements; 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 proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial Statements comply with the Charities and Trustee Investment {Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the CharItS constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement as to disdosure of information to Auditors So far as the Trustees are aware: there is no relevant audit information of which the charity's auditors are unaware, and each member has taken all the steps that they ought to have taken as a Trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditors are aware of that information. Signed on behalf of the trustees Date: 26 November 2025 Chief Executive. Scottish Ambulance Service
OFFICIAL INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS FOR THE YEAR ENDED 31 MARCH 2025 We have audited the financial statements of Scottish Ambulance Service Endowment Funds Ithe'charity'i for the year ended 31 March 2025 which comprise the Combined Statement of Financial Activities and Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the notes to the financial statements. including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reportingstandard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion, thefinancial statements: give a true and fairview of the state of the charity's 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 requirements of the Charities and Trustee Investment (Scotlandl Act 2005 and regulation 8 of the Charities Accounts IScotLand) Regulations 2006 las amended). Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI {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 charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, incLuding the Financial Reporting Council's Ethical Standard, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suff icient and appropriate to provide a basis for our audit opinion. Conclusions relatingto 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 relatingto events or conditions that, individuallyorcollectively, maycast significant doubt on the charity'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.
OFFICIAL INDEPENDENT AUDITOR'S REPORTTO THE TRUSTEES OF THE scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 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. except to the extent otheiSe explicitly 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 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 reportthatfact. 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 (Scotlandl Regulations 2006 (as amended) require 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 proper 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. Responsibilities of the trustees As explained more fully in the trustees, responsibilities statement, 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 charity'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 liquidate the charity or to cease operations, or have no realistic alternative but to do so.
OFFICIAL INDEPENDENT AUDITOR'S REPORTTO THE TRUSTEES OF THE scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Auditor's responsibilities forthe audit of the financial statements We have been appointed as auditor under section 44(1){c) of the Charities and Trustee Investment (Scotlandl Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whetherthe 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. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting CounciL's website at: www.frc.org.uklauditorsresponsibilities. This description forms part of our Auditor's Report. The extent to which the audit was considered capable of detecting irregularities includingfraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the FRC'S website, to detect material misstatements in respect of irregularities. including fraud. We obtain and update our understanding of the charity, its activities, its control environment, and likely future developments, including in relation to the Legal and regulatory framework applicable and how the charity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the charity that were contrary to applicable laws and regulations, includingfraud. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud. Reviewing minutes of meetings of those charged with governance; Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the entity through enquiry and inspection. Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable Laws and regulations. 10
OFFICIAL INDEPENDENT AUDrrows REPORTTO THE TRUSTEES OF THE SCOTTISH AMBULANCE SERVICE ENDOWMENT FUNDS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Performing audit work overthe risk of management bias and override of controls. includingte8ting of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias. Because of the inherent limitations of an audit, there is 8 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 of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion. forgery. intentional omissions. misrepresentations, orthe override of internal control. Use of our report This report is made solely to the charity's trustees, as a body. in accordance with regulation 10 of the Charities Accounts {Scotland) Regulations 2006 (as amended}. Our audit work has been undertaken so that we might state to the charity's trustees. as a body, 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, orfor the opinions we have formed. Azets Audit Services Chartered Accountants Statutory Auditor Quay 2 139 Fountainbridge Edinburgh EH39QG Date: 19 December 2025 Azets Audit Services is eligible for appointment as auditor of the charity by virtue of its eLigibility for appointment as 8uditor of a company under section 1212 of the Comp8nies Act 2006.
OFFICIAL sCOlSH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE AccouKf FOR THE YEAR ENDED 31 MARCH 2025 Unrestrirted Restricted Fund Fund Total 2024125 Unrestricted Restricted Fund Fund Total 2023124 Note Income and endowments from . Donations and Legacies Investments Total Income 30,867 233,967 264,834 231,567 390,405 621,972 4.524 35,391 12,591 246,558 17,115 281,949 11,264 242,831 11,264 633,236 390,405 Expenditure on . Charitable Activities Total Expenditure 33.518 33,518 375,061 375,061 408,579 408,579 15,797 15,797 129.884 129,884 145.681 145,681 Net income 1,873 (128,503) (126,630) 227,034 260,521 487,555 Transfers between funds Net movement in funds for the year 1,873 (128,503) (126,630) 227,034 260,521 487,555 Reconciliation of funds Fund balances brought forward at I April Fund balances carried forward at 31 March 416,463 1.175,340 1,591,803 189,429 914,819 1,104,248 418.336 1,046.837 1.465.173 416.463 1,175.340 1,591.803 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 30 form part of these financial statements 12
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS BALANCE SHEET AS AT 31 MARCH 2025 Notes 2024/25 2023124 CURRENT ASSETS Debtors Cash at Bank 5,327 123,986 8 1,680,998 1,478,894 1,686,325 1,602,880 CURRENT LIABILITIES Creditors: amounts falling due within one year 9 {221,1521 (11,077} NET CURRENT ASSETS 1,465,173 1,591,803 NET ASSETS 1.465,173 1,591,803 FUNDS Restricted funds Unrestricted funds 11 1,046,837 1,175,340 11 418,336 416,463 TOTAL FUNDS 1.465,173 1,591,803 The Scottish Ambulance Service Endowment Funds Financial Statements for the Year to 31 March 2025 th were approved by the Trustees at their meeting held on 26 November 2025. Trustee Chief Executive, Scottish Ambulance Service The notes on pages 15 to 30 form part of these financial statements. 13
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF CASH FLOWS FOR YEAR ENDED 31 MARCH 2025 Notes 2024125 2023124 Net Operating Cashflow 12 184,989 354,134 Dividends and Interest received Cash flows provided by investin8 actlvitles 17,115 17,115 11,264 11,264 Increase/(Decrease) in cash and cash equivalents in the year 202,104 365,398 Cash and cash equivalents at l April 1,478,894 1, 113,496 Cash and cash equivalents at 31 March 13 1.680.998 1.478.894 The notes on pages 15 to 30 form part of these financial statements. 14
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 I. BASIS OF ACCOUNTING The financial statements have been prepared on the historical cost basis of accounting with the exception of investments which are carried at market value. The financial statements have been prepared in accordance with the Statement of Recommended Practice- Accounting and Reporting by Charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) updated in December 2020}, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 {as amended). The Endowment Funds meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). 2. CHARITY INFORMATION The Endowment Funds is a registered charity, domiciled in Scotland with charity number SC027131. The principal office is National Headquarters, Gyle Square, I South Gyle Crescent, Edinburgh, EH12 9EB. The financial statements have been presented in Pounds Sterling as this is the functional and presentational currency of the Endowment Funds. 3. ACCOUNTING POLICIES Going Concern The Endowment Funds relies upon funding from legacies and donations to fulfil its current and future commitments. The Endowment Funds has no borrowing and strong net assets therefore it is appropriate the Trustees have prepared the financial statements on the going concern basis. Income recognition All incoming resources are included in the Statement of Financial Activities when the Endowment Funds is entitled to the income, it is probable that the income will be received, and the amount can be measured reliably. Donations, contributions, and legacies are recognised once the Endowment Funds has entitlement to the funds, it 15 certain that the funds will be received, and the monetary value can be measured with sufficient rel lability. All income received is credited to a specific fund following instructions given by the individual donating to the Endowment Funds. Income which has no restrictions attached are included in the SAS General (Unrestricted) Fund of the Endowment Funds. A summary of all donations received is included in the notes to the financial statements. 15
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 3. ACCOUNTING POLICIES (Cont.) Expenditure All expenditure 15 included on an accruals ba515, is recognised where there is a legal or constructive obligation to pay for expenditure. and in accordance with restrictions placed on funds by donors. Expenditure has been charged direct to charitable activities. Charitable activities comprise expenditure to achieve the objects of the Endowment Funds. Support Costs are those cost5 incurred directly in support of the expenditure on the objects of the Endowment Funds. Included within Support costs are Governance costs, which are those incurred in connection with setting and monitoring the strategic direction of the Endowment Funds and compliance with constitutional and statutory requirements. Debtors Trade and other debtors are recogni5ed at the settlement amount due. Prepayments are valued at the amount prepaid net of any discounts due. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors Creditors are recognised where the Endowment Funds has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. Financial instruments The Endowment Funds only hasfinancial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Fund Accounting Funds held by the Endowment Funds are either: Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees. Restricted funds these are funds that can only be used for particular restricted purposes within the objects of the Endowment Funds. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 16
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (Cont.) Taxation The Endowment Funds has charitable status and therefore has no liability to taxation. The Endowment Funds is not registered for Value Added Tax and accordingly any irrecoverable tax is included within the relevant expenditure. Certain items of equipment etc. may be zero rated for VAT purposes when purchased wholly from charitable funds. Judgement in applying accounting policies and key sources of estimation uncertainty The preparation of financial statements, requires management to makejudgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported during the year for income and expenditure. However, the nature of estimation means that actual outcomes could differ from those estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are no judgements and estimates that have had a significant impact on amounts recognised in the financial statements. 4. DONATIONS & LEGACIES 2024125 2023124 NHS Charities Together Funding Donations Legacies Gift Aid 176,801 273,225 82,958 136,789 500 209,216 4,575 2,742 264,834 621.972 5. INVESTMENT INCOME 2024125 2023124 Interest on cash deposits 17,115 11,264 17
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 6. COST OF CHARITABLE ACTIVITIES 2024/25 2023124 Patient Care Equipment Staff Wellbeing Sundry Expenses Training Course and Materials Research and Development 818 13,197 1,899 126,968 243,779 9,404 26,908 821 32,770 68,348 386,661 138,251 Support costs Governance costs- audit & professional fees Governance costs- bank charges 21,500 418 7,200 230 408,579 145.681 7. DEBTORS 2024125 2023124 The debtor is calculated as follows: Accrued Income Prepaid Expenditure 1,003 123,986 4,324 5,327 123,986 8. CASH AT BANK 2024125 2023124 Cash at bank 1,680,998 1,478,894 1.680,998 1,478,496 9. CREDITORS: amounts falling due within one year 2024125 2023124 The accrual is calculated as follow5: Audit and accountancy fee Other accrued expenditure Deferred income 21,500 36,736 162,916 7,200 3,877 221,152 11,077 Deferred income comprises a grant of £113,600 from NHS Charities Together for a project commencing in April 2025. Additionally, £49,316 received relating to the Retrieval Conference has been deferred, as the event is taking place in May 2025. 18
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 10. FINANCIAL INSTRUMENTS 2024/25 2023124 Financial assets Financial assets that are debt instruments measured at amortised cost 5,327 123,986 5,327 123,986 Financial liabilities Financial liabilities measured at amortised cost 221,152 11,077 221,152 11,077 11. RESTRICTED AND UNRESTRICTED FUNDS The funds are all restricted in nature, except for the SAS General fund. The details of these funds are shown within details of funds held at pages 21 to 30. Unrestricted Restricted Funds Funds Total Funds 2024125 Cash Debtors and Creditors 442,963 1,238,035 1,680,998 {24,627) (191,198) (215,825) Net Assets as at 31" March 2025 418,336 1.046,837 1,465,173 2023124 Cash Debtors and Creditors 303,202 1,175,692 1,478,894 113,261 {352) 112,909 Net Assets as at 31" March 2024 416,463 1.175,340 1,591,803 19
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 12. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING AcfiviTIES 2024125 2023124 Net movement in funds (126,630) 487,555 Adjustments for: Dividends and Interest received {Increase)/Decrease in debtors Increase/(Decrease) in creditors (17,115) 118.659 210,075 (11,264) (123,9861 1,829 Net cash provlded by operatlng artlvltles 184.989 354.134 13. ANALYSIS OF CASH AND CASH EQUIVALENTS 2024125 2023124 Cash in hand Notice deposits Overdraft facilities Total cash and cash equivalents 1.680.998 1.478.894 1,680,998 1,478,894 14. ANALYSIS OF CHANGES IN NEf DEBT The charity had no debt in the year. 15. AUDITORS REMUNERATION 2024125 2023124 Audit services 21,500 7,200 16. TRUSTEE REMUNERATION AND EXPENSES The Trustees received no remuneration from the charity and no expenses were charged. 20
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTESTO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 17. STAFF COSTS AND EMOLUMENTS There are no employees of the Endowment Funds and therefore no staff costs. 18. ULTIMATE CONTROL Under the National Health Service Trusts (Appointment of Trustees) (Scotland) {No. 2) order 1994. the chairman, non-executive directors and executive directors of the Scottish Ambulance Service are appointed trustees exofficiis of the Endowment Funds, for the purpose of holding any property which is to be held in trust on behalf of the trust under section 12G National Health Service {Scotland) Act 1978. 19. RELATED PARTY TRANSAcfioNS Scottish Ambulance Service NHS Board are the corporate trustee of the Scottish Ambulance Senlice Endowment Fund and by virtue of appointment to the Board the rnembers are Trustees of the Endowment Fund. There are no transactions with the Trustees or their related organisations during the year. All of the Charl5 transactions are related to the Scottish Ambulance Service NHS Board. 20. ANALYSIS OF CHARITY FUNDS YEAR ENDED 31 MARCH 2025 Fund Fund Nam• OpenSng B•l•nc• ir Alrtxdanco PCA4Q1 Ar Prtsulance (71,906.16) PCMD2 Air knulance- North {1,280.80) PCA4D3 Ar prtlu1an- Hel'nd 5 {2,0831) PCAA)4 Air knulnce Life Saving Equip (720.00) PCA405 Ar AftUlance Ilegacy) <68.195ts4) PCA4D7 Ar AnJulance- Landing Lights {l11.7255} PCAPQ8 Nir AIrt)nCe Toys 11,550J)O) Sum: -F- 1257.460A5) Closlng 8•lan 174,510.18) (1,294.44) 2,507.61) (727.67) 0.00 168,921.98) 0.00 (112.915.20} 0.00 (1,828.08) 3,090.00 1262.705.16) Ex ndltur• 3,090.00 15.694.021 (13.641 {424.611 (7.671 1726.341 {1.189.951 (278.081 18.3x31) Alr Ambulanc• Fund Code PCEC01 Nroath PCEC02 BL9irgowrle PCEC03 Cowdenbeath PCEC04 Crieff PCEC05 Cupar PCEC06 Dundeo PCEC07 Dunfeni*ne PCEC08 Falkirk PCEC09 Forfar PCEC10 Forth Valley PCEC11 GnrOthe5 PCEC12 Killin PCEC13 lfjrkcaldy PCEC14 Kirkcaldy Pts PCEC16 Leven PCEC17 Monrf PCEC18 Perth PCEC19 Prfochry PCEC20 St Andrews PCEC21 Stirfing PCEC22 lQrk¢aldy Snad( Fund PCEC23 Callander PCEC24 Tayside Sum: Fund Nam• Openlng Balance (595X(J) 141&01) {1.039.17) (455x12) {3,46025) (1,847Th) (258.00) 12.577A6) {1,547.56) (91J)9) (368.00) (25.(M)) (5,05328) (17135) 12,348.44) (100.44) {6,687.07) (1740) (1,261.38) (46L(MJ) Closlng Balance (857.82) (764.96) (643.85) (495.08) (3,814.02) (2,218.85) (1,327.19) (1,983.16) 12.067.46) (92.06) (1,656.17) (25.26) (5,324.92) (174.19) (4,411.19) 1101.51) (7,013.85) (176.66) (1.274.81) (466.92) 0.00 {1,010.65) 11,078.66) 136.979.241 Income 1262.821 1346.951 (8.621 (40.061 (353.771 1371.791 {1.069.191 123.701 1519.901 (0.971 {1.288.171 (0.261 (271.641 (1.841 {2.062.751 (1.071 1372.771 (1.861 (13.431 (4.921 nditure East Central 403.94 0.00 0.00 0.00 618.00 0.00 0.00 0.00 45.99 0.00 0.00 0.00 (1.000) (50.C(J) 129.991a8) 110.651 11.728.641 18.755.77) 699.98 1,767.91 East Central 21
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Fund Name Code PCFR02 Airdrie Fr PCFR03 Bo'ness Fr PCFR04 BothwelVuddiThJston PCFR05 Carrbuskng Fr PCFR06 Clydesdae Fr PCFR07 Cromrty Fr PCFR09 Drurmadrochit Fr PCFR13 GrangenK)uth Fr PCFR17 Huntty Fr PCFR19 knveNrie Fr PCFR20 Kinbchkven Fr PCFR21 Kinross Fr PCFR22 Kirkhill Fr PCFR23 LeShag & kn Fr PCFR24 Lowther Fr PCFR25 Maud Fr PCFR29 Newton Meam Fr PCFR30 NeWtonne Fr PCFR33 Penicuik Fr PCFR34 Perth Fr PCFR36 South knn Fr PCFR38 South Queensfery Fr PCFR40 Stenton Fr PCFR41 Stonehouse Fr PCFR42 Strathd¢Th Fr PCFR43 Tarland Fr PCFR44 Thurso Fr PCFR45 Torridon Fr PCFR46 Watemish Fr PCFR47 Westhill Fr PCFR48 Bathgate Fr PCFR50 Stonehaven Fr PCFR55 Gamock Valley Fr PCFR56 Broughty Fery Fr PCFR57 Gatehouse Of Fleet Fr PCFR61 Ross or Mull Fr PCFR62 Fra5erburgh Fr PCFR63 Forth Fr PCFR64 Banff Ma¢Jluff Fr PCFR69 Heknsburgh Fr PCFR70 Ellon Fr PCFR71 Ak*rfeldy Fr PCFR74 Tweedsnwlr + Upper Tweed Fr PCFR76 Girvan Fr PCFR78 South Carrick Fr PCFR79 Glas Airport Fr PCFR80 Training For Fr kn Rural knas PCFR81 knvergordon Fr PCFR83 Lanark Fr PCFR84 Lumphanan Fr PCFR86 Ness + Shader Fr PCFR87 Tonuge Fr PCFR88 Isle Of E9 Fr PCFR89 Carrade Fr PCFR90 W&Jcat Cr PCFR91 knvergowrie + lQngoodie Ewirxrenl Fr 1$9.51&92) Opening Balance (108.40) (270.77) (975.18) (428.70) (1,614.02) (195.39) {5.076.W) {3,045.91) (605.16) {4,831.01) (137.25) {1,OW.LKI) {837.05} {4.627.36) {2.274.97) {450.tXJ) 15,058.031 (21720) (25.92) (4,377.74) (198.CNJ) (4,127.91) (9AO) (132.02) {1,094.93) (328.} (292.72) 1853.76) (45.} (528.07) 10.02) {243.85) (98.65) (257.80) (0.28) (208.60) (64.55) (202.} (127.10) {3,129.30) (473.94) 1283.95) (422) (338.64) {5,069.79) (51.14) (630.} (2,750.70) (580.35) (128.32) (128.> (325AO) (162.70) (188.35) (300.)} Closing Balance (1.16) 1109.561 (2.88) 1273.651 (10.38) 1985.561 (4.56) 1433.26) (17.19) (1.631.21) (2.08) 1197.471 154.061 15,130.061 (32.441 (3,078.35) (6.45) 1611.61) (2,794.701 (6.911.73) (1.46) 1138.71) (10.65) 0.00 (1.010.651 (8.91) 0.00 1845.961 (4929) 0.00 14.676.651 (24231 Z (2.299.201 (4.79) 14S4.791 153.871 0.00 15.111.901 (2.31) 1219.511 150.581 0.00 {76.501 (46.63) o.ooT (4,424.371 (2.11) 1200.11) (43.96) (4.171.87) (0.10) {9.50) (1 AO) 1133.421 111.661 11,106.591 (3.50) 1332.001 (3.12) 1295.841 (9.10) 1862.861 (0.48) {45.481 (5.63) 0.00 1533.70) 0.00 0.00 {0.021 (2.60) (1.05) o.oof 1246.451 0.00 {99.70) (2.75) 0.00 1260.55) 0.00 0.00 {0.28) (222) 0.00 1210.821 (0.69) 0.00 {65.241 (2.15) 0.00 (204.15) (1.35) (33.331 o.oof 1128.451 0.00 (3,162.631 (s.os) o.oov 1478.99) (3.02) 0.00 1286.971 (0.05) 0.00 {4.271 (3.61) 0.00 1342.251 153.991 0.00 15,123.781 (0.54) 0.00 151.68) (6.71) 1636.71) (29.30) (2.780.001 (6.19) (586.54) (1.37) 1129.691 (1.37) 1130.27) (3.47) 0.00 (328.87) (1.73) 0.00 1164.431 (2.)> 0.00 1190.351 (2.422.301 12.722.301 {1.213.33) 11.213.331 (7.0SUS) (65,860.79) Area First Respond5 Income Expenditure 0.00 0.00 713.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Flrsl Respondern 713.98 22
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Area Code North PCNE01 Aberdeen PCNE02 Aberdeen (bcoks) PCNE03 Aberdeen Pts PCNE04 PCNE05 Ballater PCNE06 Banff PCNE07 Bety Wemyss Bursary PCNE08 Buckle PCNE09 Elgin PCNE10 Elk PCNE11 Fraserburgh PCNE12 Hundy PCNE13 knverurie PCNE14 Kirkwall PCNE15 Leick PCNE16 Moray PCNE17 North East PCNE18 Orkney PCNE19 Peterhead PCNE20 Stonehaven PCNE21 Dufftown PCNE22 Aberdeen Llbr8ry Resource PCNE23 Forres PCNE24 Banchory PCNW01 Aness PCNW02 BenbecLla PCNW03 Broadford PCNW04 Daliburgh PCNW05 Dingwall PCNW06 Dunvegan PCNW07 ErTrJc - Inverness PCNW08 Fort gUstuS PCNW09 Fort William PCNW10 Gairloch PCNW11 Gdspie PCNW12 Highland PCNW13 Highland Para[diC Motorcyde PCNW14 knvemess PCNW15 Koe PCNW16 Loohinver PCNW17 Naim PCNW18 North West PCNW19 Portree PCNW20 Ross-shire PCNW21 Stomoway PCNW22 Strontian PCNW23 Tain PCNW24 Thurso PCNW25 Wid( PCNW26 Dunvegan Vehide Fund PCNW27 Glencoe PCNW28 8etyhill PCNW29 Kingussie PCNW30 Aviemre Sum: Fund Nam? Openin9 Balance (7.393.33) (354.44) (1.570.48) (225.55) (2.048.98) {3.727.85) (934.32) (145.00) (3.628.71) (3.565.77) 16.071.11) {164.99) (93.93) Closing Balance (8.595.88) (358.21) {1.587.21) (227.95) {1.735.83) {3.767.55) (944.28) (471.05) {2,862.52) {3.149.52) {5,834.961 {166.75) (94.93) (150.911 Income Expendituro 699.98 (1.902.53) (3.77) (16.73) (2.40) (19.80) (39.70) (9.96) (326.05) (33.79) (35.24) (82.85) (1.76) (1.00) (150.91) 0.00 (3.781 (16.84) (46.80) (62.76) 0.00 (26.16) (4.26) {1.81) (704.25) (1,624.99) (11.25) {31.79) (0.34) (3.42) {0.04) {29.53) (0.321 (3.026.76) (32.23) {1.559.03) (16.61) (62.50) {0.67) {93.43) (1.CM)) {775.55) _ (1.614.40) {1.569.73) (16.71) (437.08) (4.651 {396.10) (284.57) {489.201 (5.211 {2.012.971 (758.14) 0.00 (1.07) {101.07) (0.251 (23.58) (7.93) {752.35) (1.911 {180.601 (0.791 (75.54) {1.LK)I Z 194.491 (1.071 {101.07) (30.95) 1,107.90 (2,460.74) (47.61) 1.799.97 {3,744.01) (79.03) (7.499.851 (96.95) {9.198.951 {8.221 {780.461 (14.50) (1,375.41) (11.64) Z 11,104.231 (1,393.61) {1,393.61) {7,915J2) 8.452.54 (87,591.85) 332.95 799.98 451.49 299.00 161.421 (582.96) (1.580.84) (4.394.91) {5.892.24) 61.42 399.99 (186.75) {1.597.681 (4.441.71) {5.955.00) (2.912.89) (400.00) (169.47) 799.98 {2.139.07) (404.26) {171.28) 1704.25) {639.25) (32.13) {3.46) (29.85) {3.058.99) {1.575.64) (63.17) (94.43) {2.389.95) (1.586.44) {441.731 (680.67) {494.411 {2.068.221 996.99 702.89 (100.00) 123.331 (744.42) {178.691 174.751 193.49) (100.00) (3,537.69) (5,496.37) (7.420.82) {9.102.00) {772.24) {1.360.91) {1.092.59) 0.00 North (88,12&57) 23
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Fund Namo Area Code Scotstar Pc6 NKnata Service5 PCSP12 Erwgency Retrieval Servi PCSP15 Scotstsr Paediatrics Retrieval Surn: OnIng Balance {3,527.49) 1101.131.05} {7.412.02) 1112.071x56) Closin9 nditure Balance 350.00 13.212.931 57.765.82 151.752.111 1.343.60 17.463.14) $9.459.42 (62.428.18) Income 135.44) (8.386.881 (1.394.72) (9.817.04) Scotslar Fund Fund Namo Ar•a C¢xlo South East PCSE01 Borders PCSE02 ChimsKJo PCSE03 0aeith PCSE04 Edinburgh City Equipn*nt PCSE05 Edinburgh Cty Station PCSE06 Etjinburgh City Hs PCSE07 Edinburgh Cty Staff PCSE08 Galashiels PCSE09 Haddingtc PCSE10 Hawick PCSE11 Kolso PCSE12 LiThlthgtr4V PCSE13 Limngston PCSE14 Lothian PCSE15 Peebles PCSE16 West Lothian PCSE17 Fife Lothian And Borders PCSE18 Prestonpans Station PCSE19 Metrose PCSP07 Heartstart Pitteuchar W P S¢hl PCSP11 South East Heartstart PCSP14 Edinburgh City 3N Team Opening Balance (951.72) (410.97) {1,113.56} (105.10) (366.} (10.0)) 191.fyJ) (1.324.91) (548.29) {4.090.61) (930.39} C105ing Exp•ndltur• Balance 0.00 (1.892.48) 0.00 1415.351 0.00 (1.125.42) 0.00 (106.22) 330.00 {37.901 {10.111 1427.751 (1.339.021 1554.131 (4,134.18) 1940.301 0.00 1189.601 1116.851 (1,306.74) (202.13) (1,606.13) 1168.77) 11.512.311 {72A31 11.655.321 1662.981 (18.476.12) Incom• (940.76) (4.38) (11.861 (1.12) (1.90) (0.11) (336.75) (14.11) (S.84) (43.57) (9.91) 0.00 (2.(KJ) (123) (13.771 (2.13) (171.23) (1.77) (840.78) (0.77) (17.451 (6.98) (2.42&42) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (187.60} (115.62) {1,292.97) (200.W) {1,434.gKJ} (167.CO) (671.53) (71 h6} {1.637.87) {656.M) 116.377.70) South East 330.00 Fund Fund Nam• onIng Closlng endltur• B•l•n¢o 0.00 13,854.121 0.00 (1.515.98) 139.20 (211,410.56) (1,181.14) (5,580.851 0.00 18,863.501 1199.601 1408.171 {20.50) 1643.29) 1882.651 1293.641 (327.37) 11.685.321 (276.95) 1208.401 (5.225.641 1632.371 1101.711 12,772.761 1528.571 188.41 (246.613.09) Ar•• South West PCSW01 Annan PCSW02 AThan PCSW03 Ayr Station PCSW04 Gampbelown PCSW05 Castle DouaS PCSW06 CurrncKk PCSW07 Durrrfries PCSW08 DurrleS & Galknvay kna PCSW09 Girvan PCSW10 Hthnsburgh PCSW12 KiTrHinning PCSW13 Largs PCSW14 Lochglphead PCSW15 Lockerbie PCSW16 Newton Stewart PCSW17 Oban PCSW18 South West PCSW19 Stranraer PCSW20 Tarbert PCSW21 TIK)mhill PCSW22 Kilmamo¢k Soulh West PCSW23 Langholrft Surn: (2.875.77) {1,500.W) 1209,296.30} {1,168A9) {5,144.55) (4921) {8.322.13} (197.9)) (l55.C} (20.29) (636.51) (873.35) (191.1XJ) (323.92) {1,567.31) (274.04) (206.21) (4,559.14) (625.71) (100.64) {2.743.$41 (523.00) {241.35181) (978.35} (15.98) (2,253.461 (12.45) (436.30) 0.00 (541.37) (2.10) (253.17) (021) (6.78) (9.30) (102.64) (3.45) (118.01) (2.91) (2.19) (666.50) (6.66) (1.07) 129221 (557) (5.447.69) 0.00 49.21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 South West 24
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Fund Name Code PCSP02 Defibrillators PCSP04 Equipmnt PCSP05 Heet SeThices PCSP06 Heartstart PCSP08 Paran*di¢ Servicos PCSP09 Patient Transport SeThi¢e PCSP10 Sas Genera Fund PCSP13 Restrided Teporary Funds PCSP17 The Craig Hodgkinson Trust PCSP18 Brightest Stsr Vehicle Fund PCSP20 Unidentified Fund PCSP21 Covit>19 Funraising PCSP22 Young Minds Saves Lives Surn: Opening Balance {1,411.13) (293.) (93A3) (150.(KJ) (570.W) (150.CiI) {416.462.64) (12.989.40)" Closing Balance 11.426.161 1296.121 {94.431 1151.601 (576.07) 0.00 1151.601 33,518.06 (418,336.111 0.00 (14.725.771 0.00 0.00 0.00 0.00 n (1.813.78) 0.00 0.00 3(KI,127.31 (171,990.761 333,645.37 (609,562AO) Area Specials Income nditure 0.00 115.03) (3.12) (1.00) (1.60) (6.07) (1.60) (35.391.53) (1.736.371 0.00 0.00 677.72 0.00 I292,9782> (179,13925> 1727,589.92) 1215,617.851 0.00 (2,491.50) Specials Fund Fund Name Ar•a Code Wost Central PCWC02 Coatbridge PCWC03 Currbemadd PCWC04 East Kilbiide PCWC05 Glasgow PCWC06 Glasgow South PCWC07 Glasgow West PCWC08 Hamilton PCWC09 KiTkintilloch PCWC10 Motherwell PCWC11 Paisley PCWC12 West Centra PCWC13 West Centra Heartstart PCWC14 West Central Training Dept PCWC15 Springbum Statson PCWC16 Law PCWC17 Biggar Openlng Balance 1315.351 (178.1X)) 12.251.02) {41.7325> (425.W) (l2,431A} (779.74) (207.11) (162.02) Closing Balance 1318.711 1179.89) 11.690.551 157,268.441 1429.53) (12.563.40) 1788.05) 1209.32) 1163.741 o.ooT 1503.041 0.00 1296A71 1277.93) {43.021 0.00 {75.801 1148.611 (74,956.5Q) Ineoffl• (3.36) (1.89) (370.44) {15.5359) (4.53) (132.40) (8.31) (221) (1.72) (503.04) (3.12) (2.93) (0.45) 0.00 (0.80) (1.56) (16,57135) Exp•ndlture 0.00 930.91 0.00 0.00 o.oo (293.35) {275.(K)) (42.57) 0.00 0.00 (75.Ch)I (147.05) 159,31&06) 0.00 930.91 West Central Sufft (1,591,801rn (281,949.10) 408,578.54 (1,465,173.33) Made up by: Unrestricted- SAS Genera Fund 1416,46164) (35,391.53) Restrlcted- Al other funds 11,175.34Q13) 1246,557A7) 33,518.06 (418,336.11) 375,060A8 {1.046,83722) 25
OFFICIAL SCOThISH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTES TO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 20. ANALYSIS OF CHARITY FUNDS YEAR ENDED 31 MARCH 2024 (PRIOR YEAR) FuThJ I4 Ch)6ing Balance Area Fund Co kncorne Ex ndliure (12.82&081 (3.93> 4.857.85 I71,.16) 11WAII o. 11280.801 0.1 (2.083.Ll PCA•IM Life Equip (720.C#)I 168,1641 o. o.c 168.195.641 (111.n5251 0.0) 1111,725251 11,59IC#)I 0.0) co 11,59J.C#)I Alr knlxdan Sum.. PS8,381rn 4I57AS (257,410.151 FUNI Nam• Cbling Balan¢0 Fumj Cod• Exp•nd#ur• East Cèntral PCECQ1 Pibroalh (S9) (S9&) PCEC02 (218IJ11 141&011 r121671 131&501 11,039.171 PCEC04 C4ieff 145U21 o. 145&021 PCEC05 Cupar 13,460251 13,460251 pcE fxThJee 11,484ts61 136Z40} 11,847.C61 PCEC07 thJTrfemr 12SU) 125&Crf)I PCEC08 Favk 12,67&461 0.) (2,577A61 PCECQ9 Forf 11,547S61 o.c o.c 11,547.561 PCEC10 Forth Val 191Jpai (91.091 PCEC11 136UQI 0.0) 136&C#)I PCEC12 Ifj 12&C#)I 12&C#Jl PCEC13 15.053281 0.0) 15,053281 PCEC14 Pb 1172351 1171351 PCEC16 Le4 12,34&441 11(11441 o.c 12,348A41 11(Q.441 PCEC17 PCEC18 Perth I6.6877) o.fy) C(+ 16,687.071 PCEC19 Prtthy PCEC20 SIknJTV I171) 12,(A181 117&801 11261.381 0.0) PCEC21 Sti P87IQl 117UJJ} tXCQ 1462) PCEC23 C o.ryj 1,(KX].1l pCE4 Tffjrydo 1gJ.C#)I E••t C•ntral Sum.. (29.M28) {1.101901 129,991.381 26
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTESTO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Namo Closing Balance (108.401 270,771 (975.181 (428.701 11,614.021 195.391 15.076.001 Fund Code PCFR02 4rdriÈ Fr PCFR03 Bo'ness Fr PCFR04 BothwelVu(kliwstry) PCFR05 Canbuslarrfd Fr PCFRC6 (Wosd Fr PCFR07 Crorrorty Fr PCFR09 Drurmadrochll Fr PCFR11 Eskdalg Vallgy Fr PCFR13 GrangwN)uth Fr PCFR17 Hunty Fr PCFR19 knverLtr Fr PCFR20 lQnknhleven Fr PCFR21 lfjnross Fr PCFR22 lfjrkhill Fr PCFR23 Lesrrohagryw & Fr PCFR24 Lowthw Fi PCFR25 Maud Fr PCFR29 Newton Meam Fr PCFR30 NwvtonThm Fr PCFR33 Penicuik Fr PCFR34 Perlh Fr PCFR36 South Prnn Fr PCFR38 South (knensferry Fr PCFR40 Stsnton Fr PCFR41 Sto5 Fr PCFR42 Strathdom Fi PCFR43 Tatsnd Fr PCFR44 Thurso Fr PCFR45 Torridon Fr PCFR46 Walemish Fr PCFR47 Westhlll Fr PCFR48 Bathgats Fr PCFR50 Stonehaven Fr PCFR55 G8rrKK Valey Fr PCFR56 Brouqhty FeY Fr PCFR57 Gateh or Fl8ot Fr PCFR58 Largs Fr PCFR61 Ross Of MUN Fr PCFR62 Frasortrgh Fr PCFR63 Forth Fr PCFR64 Banff M8cxluff Fr PCFR65 fvtrredden Fr PCFR66 Mull Fr PCFR68 Mull ofkna Ff PCFR69 Hnsburgh Fr PCFR70 Ellon Fr PCFR71 A)erfdty Fr PCFR74 Tweedsrrnjw + Lr Ted Fr PCFR76 Girvan Fr PCFR78 South Carrick Fr PCFR79 ijasw Nirp1 Fr PCFR80 Training F Fr h Rural P4eas PCFR81 Fr PCFR83 Lanark FT PCFR84 Lurrphanan Fr PCFR86 + Shader Fr PCFR87 Tonuge Fr PCFR88 klo Of EKJg Fr PCFR89 Carrad& Fr PCFR9) Wilknl Cr sum: nin Income ndStur• om Flrsl ResKJ*rs (10&40) 127Q771 (97&18) (42&70) {1,721.301 119&39) 15.07&CQI OD) 10728 13,04&91} I616) {4.094.79) (2,495.) 1137.251 (1.C(Il¢JJ) 1837.05) 14,627.36) 12.274.97) 145Q(K)) 15.37459) 1217.20) 12&92) {4.377.74) 119&CKII {4,127.91) 1&40) (13102) 11.094.931 132&50) 129272) 185176) 13,045,911 605.161 14,831.011 1137.251 11.ocK).¢))I 1837.C151 14,627.361 12,274.971 450.rM)I 15.058.031 (217.201 125.921 14.377.741 1198.CKII 14.127.911 19.401 (132.021 11,094.931 1328.SOI (292.721 1853.761 I45.) (528.071 10.021 (243.851 198.651 (257.801 10.281 1.758.78 00 00 OTh) 3166 om 0) 00 oJ)o {2,45&92) IQ021 (24185) IA65) 1257.801 (Q28) (78&121 (20&60) 164.55) (201CQ) 1127.101 ono I,9305 00 0.00 00 00 00 785.12 ono 00 00 00 OLKJ OJJ) (208.601 164.551 (202.CM)I (127.101 om OL oJJo 13.1A30) 147194) (28195) 1&22) 133&64) (S279} 151.14) I63(J) 12,79170) (58Q35) 112&321 I12&) (32&40) 116170) 118&35) 0) 00 00 00 ofjo oxjo 12260 13,129.301 (473.941 (283,951 14.221 1338.641 15.069.791 151.141 1630,001 12.750.701 (580.351 (128.321 (128.) (325.401 1162.701 (188,351 3CKJ.001 159,51&92) OL OL oJJo ODJ OL OJJ) 00 00 OJJ) First R•spond•rn 162,8X511 1179WI 6,12459 27
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTESTO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Nam• Closlng Balance (7.393.33) 1354.44) (1.570A8) 1225.55) 12.048.98) (3.727.85) 1934.32) 1145.001 (3.628.71) {3.565.77) (6.071.11) 1164.99) 19193) Fund Code PCNE01 M)erdeen PCNE02 Pkn6rd8en Itscks) PCNE03 erd88n Pts PCNE04 piford PCNE05 8811at PCNE06 Banff PCNE07 Bety Wenryss Bur5W PCNE08 Buckle PCNE09 Hgin PCNE10 Elknn PCNE11 FrasertKrTgh PCNE12 Hun PCNE13 trwerurie PCNE14 Kirkwall PCNE15 Lerwck PCNE16 Moray PCNE17 Norlh East PCNE18 Orkney PCNE19 Peterhead PCNE20 Slonehaven PCNE21 Dufflovm PCNE22 Aberdgon Llbrary Resourc PCNE23 Forres PCNW01 Aness PCNW02 Benbecajla PCNW03 Broadfcd PCNW04 Daburyh PCNW05 DInall PCNWC6 Dunvegan PCNW07 Enmlc . Invon PCNW08 Ftyl gU8 PCNW09 Fort Wluiam PCNW10 Gax* PCNW11 Gdspie PCNW12 Highland PCNW13 Highland para1 PCNW14 hvemgss PCNW16 Lochinver PCNW17 Naim PCNW18 North West PCNW19 Portree PCNW20 Ross4hlrg PCNW21 Slomryway PCNW22 Slrontian PCNW23 Tain PCNW24 Thup PCNW25 WKk PCNW26 Dunvegan Vehide FurKI PCNW27 Glence PCNW28 Bettyh PCNW29 Kingu sum: nln 8alan¢e (11.513.19) 11.480.Th)) 1354.441 (1.570.48) 1225.55) (2.04&981 (3.727.85) 1934.32) 1145.001 (5,79162) (3.115.77) (6.071.11) 1164.991 19&93) (1.371.93) (1.051.421 15B196) (3.420.98) (5,29&98) (5.89124) 1310.571 (2.4CQ.01) 14CrtI.001 1169.47) (1,62&99> 131.79) 1gj3.40) 129.53) (3.27&751 (1.5A03) 161501 19&43) (1,599.951 (1.569.73) 16%07) Ex ndlture 5.$99.86 North 2.163.91 (450.LK)I 1.371.93 161.42) 1582.96) (1,580.84) (4.394.91) (5.89224) 1,840.14 9)4.07 310.57 (SI2> (2.91189) 1400.00) 1169.47) (1,624.99) 131.79) 13.42) 129.53) 3.026.761 (1.559.03) 162.50) 193A3) 1775.55) (1.569.73) 1437.081 1396.10) 1489.20) 2.01197) 1100.00) 123.33) 1744.42) 1178.69) 174.75) 19&49) 1100.00) 13.537.691 (5.496.3n 7.420.821 (9.102.00) 1771241 11.360.911 (1.092.59) (88,128.5n 893.98 249.99 B24.40 258.99 (396.10) I4820) (2.011971 111)0.00) 132&28) (144.421 117&691 (74.75) 191491 11CrtXOO) (2,646.691 I891.¢) (4.87T.37) {619£) (5,991.071 11,429.751 (9.10ZOO) 177124) (1.360.911 (1.09159) 198.OK63) 15.77&73) 302.95 North 15,716.79 28
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTESTO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Nam• Closing ndllurn Balan¢e 2.267.51 (3,527.491 8.451.22 (101.131.051 2.587.C(I (7.412.021 13,30&73 (112,070.56) Fund C¢)de Pc£6 Neonatal SeNces PCSP12 Errwpnty Rth8v4 SopAc& PCSP15 Scotstar Paediatrics Retrieval Sum: nln Balance (5,795.001 117.827201 191.75&07) I9.8.61) I9.41) (32,630.81) (92,74W In¢ome Ex Scotstar S¢otstar Fund Name Closing 8l•nc• 1951.721 1410.971 (1.1136) 1105.101 1366XiII 110IN)I I91) 11.324.911 1548291 (4.090.611 1930J91 0.00 1187ts01 1115.621 (1,292.971 1200.(KJI (1,434.) 1167.C4Jl 1671.531 171 ffj61 I1,6377) 1656L4Jl (16,377.70) Fund C¢MI• PCSE01 Bord8f8 PCSE02 Chimsmle PCSE03 Deth PCSE04 Edithrgh Cty Equiprfwl PCSEOS Ed1rrgh City Staticm) PCSEC6 EdirtNJrgh City Pts PCSE07 Edithrgh Clty Staff PCSE08 Gshiols PCSE09 Haddington PCSE10 H8ck PCSE11 K0 PCSE12 Lithhgow PCSE13 Llwngston PCSE14 Lothian PCSE15 P8ebb•s PCSE16 West Lothian PCSE17 Fife Lothian Bordorl PCSE18 Preslonpans Station PCSE19 Meknse PCSP07 Heartstsrt Pth(tsr W P Sd PCSP11 Soxjth East Heartstart PCSP14 Edithtgh City 3w Team Sum: Incorn• ndlturg 1951.721 {808.871 11.113.561 {105.10) (76.Cill {10.CKJI {91.001 11.324.911 (548291 I2.5.61) I1,5.00) {930.391 co co (xoo co 00 I2.00) 397.90 (161601 {11S.621 11.291971 1200.CQI 11.205.CKJI {167.ClJl (671.53) 171.661 11,637.871 co {656.(M)I 00 114730.70) 12.04UO) (2&00) co 00 co co 397.90 Fund Nam• Closlng Balance (2,875.771 I1.00) 11,400.001 11.500Xrf)I O.CiI (209,296201 11,168.691 (s,1445) 149211 (8.322.131 1197SOI I155X) 120291 1636.511 1873.351 1191.cill 1323.921 (1,567211 1274.041 1206211 (4,559.141 1625.711 1100NI (2,743) (s23.) 5.71&95 {241,3531} Fund Cade S(xth West PCSW01 Annan PCSW02 Arran PCSW03 Ayr Station PCSW04 Caryb8ltcA¥n PCSW05 Casdo Douglas Pcs Cunv)cK PCSW07 Durrfrie5 PCSW08 Dunrfries & Galknway PCSW09 GIan PCSW10 Heknsburgh PCSW12 Kikn"nning PCSW13 Largs PCSW14 Lo4)heI PCSW15 Lockerb PCSW16 Newion Ste•Mrt PCSW17 Oban PCSW18 Swth We81 PCSW19 Stranraar PCSW20 Tart)8rt PCSW21 Thh111 PCSW22 Stxth Wost PCSW23 Langhth Sum: Balance 12.875.771 Income Ex nditure (209.296.301 11.168.691 16,524.501 149211 (8.029.151 {3,935.10) {100.(KJI 197.50) (155.C(11 120291 (636.511 ITT3.351 {191.C(J) {323.921 (1.567.311 (274.041 (206211 15,298.991 11.525.691 (100.641 12,328.541 crf) 1.379.95 3.642.12 ¢y) I1.00) co (L 145105) 1.192.Xl 899.98 (41&00) 1523.00) 1241A4&11) 15,62&65 South West 29
OFFICIAL scorrisH AMBULANCE SERVICE ENDOWMENT FUNDS STATEMENT OF ACCOUNTING PRINCIPLES AND NOTESTO THE FINANCIAL STATEMENTS (Cont.) FOR THE YEAR ENDED 31 MARCH 2025 Fund Name Closing Baance (1,411.13) 11,411.131 {29&[) 129&1)01 (93A31 19&431 {19J.CII) 1150.001 {570.CKII 1570.001 (1.&)) o.c 1150.00) (189,428.70) I242.831.l 15,797.C6 1416,462.641 {112,541.82) 95,487.62 4,W.80 112,989.40} {2,491)) 12,491.501 (369,499.001 76,520.18 (292,978.821 I307,129) 1516.84138) 96,382.04 1727,589.92) Fund Code PCSP02 Defibrillalor5 PCSP04 Equi PCSP05 Fleet Servtss PCSPC6 Heartstsrt PCSP08 PararK Servicts PCSPCV3 Patient TransF(Vt SeTri PCSP10 Sas Genera Furvj PCSP13 ReslrKI Tev) Funds PCSP20 UnIdenbf F PCSP22 YourvJ MiThts Saves L$ Sum: come Expendilure Speuals (M) CA) o.(x) Spodali FurMI Name Clo$lng Bthce 131&35) 117&001 o.crfj {2.251.021 718.42 141,732.851 142&001 O.CK) 112,431.001 o.oj (779.741 1207.111 1161021 00 {29&35) 129&35) {275.lJJ) 1275.001 (4 {415n (1,560J3) co (T5.) {7&001 {147.051 o.c o.cK) 1147.051 ($922U1) 12,367.00) 1278.75 159,31&06) Fund Code West Centra a PCWC02 Coaibndge PCWC03 CurrlJemaLthI PCWC04 East Kknde PCWC05 PCWa% (sgry S PCWC07 Gksgtrw West PCWCCkg Harrlton PCWCCQ lQtkintillc PCWC10 K4)thepAtll PCWC11 Paiy PCWC12 West Centr PCWC13 West Centrl Heart5tart PCWC14 West Training Dept PCWC15 Spn'rvJjrn StatK PCWC16 La PCWC17 gar nin Income rLC Ex ndltu {31535) {178.OJl (2251.02) {40,851271 11,6CNI(XII {42) {12,431.iYJI (1174) (767.Wl {207.111 {16102) o.c 1,.33 W•st C•ntr SurrL {1,10434820) 1633,23&9n 144681.40 11,591,80177) 30