OFFICIAL
scorrisH AMBULANCE SERVICE
ENDOWMENT FUNDS
AUDITED FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
CHARITY NUMBER SC027131
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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
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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
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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
ScO￿lSH AMBULANCE SERVICE ENDOwmE￿r 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 CharIt￿S 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 othe￿iSe 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
sCO￿lSH 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.
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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
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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 Charl￿5 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 kn￿ulance- North
{1,280.80)
PCA4D3 Ar prtlu1an￿- Hel'n*d 5
{2,083￿1)
PCAA)4 Air knulnce Life Saving Equip
(720.00)
PCA405 Ar Aft￿Ulance Ilegacy)
<68.195ts4)
PCA4D7 Ar An*Julance- Landing Lights
{l11.725￿5}
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 N￿roath
PCEC02 BL9irgowrle
PCEC03 Cowdenbeath
PCEC04 Crieff
PCEC05 Cupar
PCEC06 Dundeo
PCEC07 Dunfeni*ne
PCEC08 Falkirk
PCEC09 Forfar
PCEC10 Forth Valley
PCEC11 G￿nrOthe5
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)
(174￿0)
(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 LeS￿hag￿￿ & kn Fr
PCFR24 Lowther Fr
PCFR25 Maud Fr
PCFR29 Newton Meam Fr
PCFR30 NeWtonn￿e 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 E￿9 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 Respond￿5
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 Le￿ick
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 Pc￿￿6 NK*nata Service5
PCSP12 Erwgency Retrieval Servi
PCSP15 Scotstsr Paediatrics Retrieval
Surn:
O￿nIng
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 0a*eith
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•
o￿nIng
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 Dou￿aS
PCSW06 CurrncKk
PCSW07 Durrrfries
PCSW08 Durr￿leS & 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 Te￿porary 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
I292,978￿2> (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)
{41.732￿5>
(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)
{15.535￿9)
(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.L￿l
PCA•IM Life Equip
(720.C#)I
168,1*641
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 thJTrfem*r
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
I6.687￿7)
o.fy)
C(+
16,687.071
PCEC19 Prtthy
PCEC20 SIknJTV
I17￿1)
12,(*A181
117&801
11261.381
0.0)
PCEC21 Sti
P87IQl
117UJJ}
tXCQ
1462￿)
PCEC23 C*
o.ryj
1,(KX].1￿l
pCE￿4 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 Sto￿￿5￿ 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 Fe￿Y Fr
PCFR57 Gateh￿ or Fl8ot Fr
PCFR58 Largs Fr
PCFR61 Ross Of MUN Fr
PCFR62 Frasort￿rgh Fr
PCFR63 Forth Fr
PCFR64 Banff M8cxluff Fr
PCFR65 fvtrredden Fr
PCFR66 Mull Fr
PCFR68 Mull ofkna Ff
PCFR69 H*nsburgh Fr
PCFR70 Ellon Fr
PCFR71 A)erfdty Fr
PCFR74 Tweedsrrnjw + L*r T*ed Fr
PCFR76 Girvan Fr
PCFR78 South Carrick Fr
PCFR79 ijasw Nirp￿1 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 ResK*J*rs
(10&40)
127Q771
(97&18)
(42&70)
{1,721.301
119&39)
15.07&CQI
OD)
10728
13,04&91}
I6￿16)
{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
0￿0
0￿0
OTh)
316￿6
om
0￿)
0￿0
oJ)o
{2,45&92)
IQ021
(24185)
IA65)
1257.801
(Q28)
(78&121
(20&60)
164.55)
(201CQ)
1127.101
ono
I,930￿5
0￿0
0.00
0￿0
0￿0
0￿0
785.12
ono
0￿0
0￿0
0￿0
OLKJ
OJJ)
(208.601
164.551
(202.CM)I
(127.101
om
OL
oJJo
13.1A30)
147194)
(28195)
1&22)
133&64)
(S2￿79}
151.14)
I63￿(￿J)
12,79170)
(58Q35)
112&321
I12&￿)
(32&40)
116170)
118&35)
0￿)
0￿0
0￿0
0￿0
ofjo
oxjo
1226￿0
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)
0￿0
0￿0
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 Itsc￿ks)
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 Broadfc*d
PCNW04 Daburyh
PCNW05 DIn￿all
PCNWC6 Dunvegan
PCNW07 Enmlc . Invon
PCNW08 Ftyl *￿gU￿8
PCNW09 Fort Wluiam
PCNW10 Ga￿￿x*
PCNW11 Gdspie
PCNW12 Highland
PCNW13 Highland para￿1￿
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 Glenc￿e
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)
I48￿20)
(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
8*l•nc•
1951.721
1410.971
(1.113￿6)
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
I1,637￿7)
1656L4Jl
(16,377.70)
Fund C¢MI•
PCSE01 Bord8f8
PCSE02 Chimsmle
PCSE03 D*eth
PCSE04 Edithrgh Cty Equiprfwl
PCSEOS Ed1r*￿rgh City Staticm)
PCSEC6 EdirtNJrgh City Pts
PCSE07 Edithrgh Clty Staff
PCSE08 G*shiols
PCSE09 Haddington
PCSE10 H8￿ck
PCSE11 K*0
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,144￿5)
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 {241,353￿1}
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 GI￿an
PCSW10 Heknsburgh
PCSW12 Kikn"nning
PCSW13 Largs
PCSW14 Lo￿￿4)he￿I
PCSW15 Lockerb
PCSW16 Newion Ste•Mrt
PCSW17 Oban
PCSW18 Swth We81
PCSW19 Stranraar
PCSW20 Tart)8rt
PCSW21 Th￿h111
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 Parar￿￿K Servicts
PCSPCV3 Patient TransF(Vt SeTri
PCSP10 Sas Genera Furvj
PCSP13 ReslrK*I Te￿v)￿ 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 Pai*y
PCWC12 West Centr
PCWC13 West Centrl Heart5tart
PCWC14 West Training Dept
PCWC15 Spn'rvJ￿jrn 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