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2025-03-31-accounts

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

REGISTERED CHARITY NUMBER: SC031165

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Sandpiper Trust

EQ Accountants Chartered Accountants 47-49 The Square Kelso Roxburghshire TD5 7HW

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Contents of the Financial Statements for the Year Ended 31 March 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements 8 to 13
Detailed Statement of Financial Activities 14 to 15

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Reference and Administrative Details for the Year Ended 31 March 2025

TRUSTEES

PRINCIPAL ADDRESS Sandpiper House Aberuthven Enterprise Park Aberuthven Perthshire PH3 1EL REGISTERED CHARITY SC031165 NUMBER INDEPENDENT EXAMINER EQ Accountants Chartered Accountants 47-49 The Square Kelso Roxburghshire TD5 7HW

Page 1

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Report of the Trustees for the Year Ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The objectives of the Trust are as follows:

Page 2

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Report of the Trustees for the Year Ended 31 March 2025

ACHIEVEMENTS AND PERFORMANCE Charitable activities

2024-2025

SANDPIPER BAGS

" 17 new fully equipped Sandpiper Bags were sent to medical professionals throughout remote and rural Scotland.

" There are now 103 Sandpiper equipped Immediate Care responders throughout remote and rural Scotland.

" There are 87 Fixed Resource GP practices throughout remote and rural Scotland, all equipped with a Sandpiper Bag.

" Sandpiper continued to supply PPE for all responders and Fixed Resources.

" The Sandpiper Drug pouch continues to be supplied to all responders to ensure equity of provision of emergency drugs. There is robust governance around these and they are stocked and restocked by Tayside Pharmaceuticals. Discussions are ongoing about access to ACCP drugs for those whose scope of practice would allow administration. We are working with the Home Office and Health Improvement Scotland to facilitate a similar network for the safe supply of controlled drugs.

During the year The Sandpiper Trust continued to promote its core activity of providing emergency medical equipment to doctors, nurses and paramedics, specially trained by BASICS Scotland, for use throughout remote and rural Scotland.

SANDPIPER BAG LOCATIONS

FIXED RESOURCES

Aberfeldy, Acharacle, Applecross, Arisaig, Armadale, Aultbea, Arran, Aviemore, Ballater, Barra, Benbecula, Broadford, Brora, Cairndow, Carbost, Connel, Colonsay, Coll, Dornoch, Dunbeath, Dunvegan, Dunoon, Eday, Eig, Flotta, Furnace, Gairloch, Glenelg, Glenlivet, Glenluce, Grantown on Spey, Helmsdale, Harris, Hoy and Walls, Inveraray, Invergordon, Islay, Isle of Seil, Jura, Kilmun, Kingussie, Kinloch Rannoch, Kyle, Lairg, Lochgoilhead, Lochinver, Lochcarron, Mallaig, Mull, Mull of Galloway, North Uist, Papa Westray, Pitlochry, Port Appin, Raasay, Sanday, Shapinsay, Strachur, Strathdon, Tighnabruaich, Tomintoul, Torphins, Torridon, Tiree, Ullapool, Unst, Westray, Whalsay, Yell

RESPONDERS (EAST)

Bonnyrigg, Blairgowrie, Coupar Angus, Crieff, Dalkeith, Dollar, Dunfermline, Duns, Dunkeld, Edinburgh, Galashiels, Hawick, Innerleithen, Kirkmichael, Laurencekirk, North Berwick, Peebles, Penicuik, Pitlochry, West Linton, Winchburgh

RESPONDERS (WEST)

Armadale, Campbeltown, Carluke, Castle Douglas, Clarkston, Dumfries, Dunscore, Eaglesham, Helensburgh, Islay, Killearn, Kilmarnock, Kilsyth, Lochgoilhead, Maybole, Moffat, Mull, Newton Stewart, Strachur, Stranraer, Strathaven, Tighnabruaich, Taynuilt, Tiree

RESPONDERS (NORTH)

Aberdeen, Alford, Banff, Ballater, Brora, Cromdale, Doll, Dornoch, Elgin, Forres, Fort William, Fraserburgh, Gairloch, Golspie, Huntly, Insch, Invermoriston, Inverurie, Kemnay, Kingussie, Kinlochbervie, Kyle, Kyle of Lochalsh, Lewis, Lossiemouth, New Pitsligo, Peterculter, Portlethen, Rothienorman, Scalloway, Skye, Spean Bridge, Stonehaven, Tain, Uig, Ullapool

RESPONDER SUPPORT TEAM

We have strengthened the responder support team with 2 more clinicians: Mr Eric Pirie, a paramedic from Grantown and Major David Strachan, a vascular surgeon from Pitlochry. Both bring a wealth of experience clinical and educational from their jobs and from Scottish Mountain Rescue and BASICS Scotland responding.

As part of the increased governance of responders there have now been 4 responder assessment days so the process has been refined in response to feedback from attendees and assessors. There was a fairly well attended CGM in January. It is hoped that these will provide more support for responders and potential responders by being quarterly events.

CLINICAL CARDIAC RESPONDERS

The Sandpiper Trust, in partnership with BASICS Scotland, Scottish Ambulance Service and Resuscitation Research Group (University of Edinburgh) will be launching Clinical Cardiac Responders in Summer 2025. There has been significant fundraising and purchasing of equipment during this reporting period in preparation for this.

Page 3

DcoJsuJn Erw8W ID. OBDOCE4E445A413ULKIE-16FE0143718C The SADdpiper T1￿$t Repoi'l ofthe Truslees for tbe Yeai. Ended 31 Mai'ch 2025 As with our tmmediate Care Responders arAd Fixed Resources these responders will be based throu8hout remote and rural Scotlaiid ￿kd will be trallied (eiitsy iDutes will be tIwoii81i BASICS Scotland PHECC and OHALS) and equipped by Sandpiper to attend Oul of Hospital Cardiac Arrest calls, tasked by GoodSAM. PARTNERSHTrS The Sandpiper Trust has ali MOU with BASICS Scotland l￿d Scottish ￿lIbilI￿]Ce Sen'ice to proN'ide the fr￿new01'k for a world leadin8 network of emergeiicy responders, wbo are liiglily trained. well equipped and iasked appropriately. usin8 the skills of die 3 or8aillsatiolls. Tlie s￿]dpAper Tn￿1 aiid BASICS Scoi12uid are collaboratlll8 on project to siipport tlie emerg￿lCY respOnd￿'S better tIwoii8h tlie creation of die Respoiider Siipport team: this was sel lip late 2020 and the additioiial capacity has led to immediate improvement in clinical debriefs, data analysis and drn8 distribution. The s￿idpiper Trnsl will continue with their ￿linary objectiie to support ranole and nwal clinicians. MEDICAL ADVISERS.. FlnAllclAI posltlon The financial position of the Trust is shown in the attached financial slateinents. Investment pollry And objectlves The lllN'estnients are placed An the hands of ini'estment mana8ers who atteiid to the on8oAn8 nMia8ement of the portfolio within pAraineters laid domm by the tn￿te¢s. Reserves pollcy The charity's free reserves at 31 March 2025 an￿￿nt to £630.721 (2024.. 608.473) with £0 allocated to des1￿}￿led fillids. Tlie orBaillsalional stnicttwe of the charity at present reqiill'es a iiiiiiin￿l leNel of resen'es to be lield to iiieet operatin8 Costs and it is tl)e lljtelltithi of the Tn￿leeS that tlie lekel of free reserves reduces as the Ch￿'Ity fulfils its objeetii'es. FUTURE PLANS The Shndpiper Trnst will continue with their ￿1th8ry objective to support rnnote and nwaj clinicians. STRUCTURE. GOVERNANCE AND hlthAGEMENr GoverDlllg document The Sandpiper TTUSt is a charitable In￿t constituted by trust deed dated 20th February 2001. and it is a recO￿lis¢a Scottish ch￿'lty No. SC031165. RerruitJDent and Hppointmeut of uew Irustees The inall￿WaI tn￿te¢S hai-e the poweT to noiniiiate and appoint further twstees to a maxllnuu] of foiuleai {n]ii]iinwn 3). The T￿￿teeS I￿1"e the PO￿.er to reuioN"e other trustees w'oTrided Tequisite notice is seTh"ed. The Tiustees haTr-e appointed a cojnmittee to assist ￿'1th resional piiblicity across Scotland. 08-12-2025114.29 G Approvedbyorderof theboaTd oftrustees oll............................................and signed on itsb¢halfby'. Page 4

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

Independent Examiner's Report to the Trustees of The Sandpiper Trust

I report on the accounts for the year ended 31 March 2025 set out on pages six to thirteen.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention :

have not been met; or

The Institute of Chartered Accountants of Scotland

EQ Accountants Chartered Accountants 47-49 The Square Kelso Roxburghshire TD5 7HW 08-12-2025 | 15:35 GMT Date: .............................................

Page 5

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Statement of Financial Activities for the Year Ended 31 March 2025

Notes
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
215,089
Other trading activities
3
6,846
Investment income
4
16,907
Total
238,842
EXPENDITURE ON
Raising funds
Raising donations and legacies
5
2,791
Other trading activities
6
(305)
Investment management costs
7
607
3,093
Charitable activities
Medical equipment
213,088
Total
216,181
Net gains/(losses) on investments
(413)
NET INCOME
22,248
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets
(57,626 )
Actuarial gains on defined benefit schemes
57,626
Net movement in funds
22,248
RECONCILIATION OF FUNDS
Total funds brought forward
608,473
TOTAL FUNDS CARRIED FORWARD
630,721
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
31.3.25
Total
funds
£
215,089
6,846
16,907
238,842
2,791
(305)
607
3,093
213,088
216,181
(413)
22,248
(57,626 )
57,626
22,248
608,473
630,721
31.3.24
Total
funds
£
180,581
4,286
7,309
192,176
36,710
(1,332)
431
35,809
85,897
121,706
4,881
75,351
-
-
75,351
533,122
608,473

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 6

Dcojsgn Envew ID. OBDOCE4E445A41394LLIE-16FE0143718C The SADdplper Trust Stvdtement ofFlnAllciAI Posltlon 31 .MAi'eh 2025 31.3.25 31.3.24 Notes FLXED ASSETS T￿l8ible assets Illi'esttnents io li 4,463 75,174 5.743 75.587 79,637 81,330 CURRENT ASSETS Stocks Debtors Cash at bank 12 13 2,647 16.178 535,595 2,342 1.078 526.903 554.420 530.323 CRED￿oRs Aniowits fallin8 due witliiu one year 14 (3,336) (3.180) NET CURRENT ASSETS 551.084 527.143 TOTAL ASSETS LESS CURRENT LL4BILITIES 630.721 608,473 NET ASSETS 630.721 608.473 FLTNDS Uill'estricied fillids.. Geiieral fund 16 630.721 608.473 TOTAL FUNDS 630.721 608.473 Tlie fuikU)cial slaleiiieiils M'ei"e appi'oi'ed by tlie Board of Trnstees and authorised for issue E&dEty. on The notes fom] part of dlese financial statemellts Page 7

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - Straight line over 5 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 8

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

2.
DONATIONS AND LEGACIES
Donations
Gift aid
3.
OTHER TRADING ACTIVITIES
Merchandise sales
4.
INVESTMENT INCOME
Dividends received
Bank interest received
5.
RAISING DONATIONS AND LEGACIES
Promotion and marketing costs
Printing & Publishing costs
Depreciation
6.
OTHER TRADING ACTIVITIES
Opening stock
Closing stock
7.
INVESTMENT MANAGEMENT COSTS
Portfolio management
31.3.25
£
214,165
924
215,089
31.3.25
£
6,846
31.3.25
£
3,019
13,888
16,907
31.3.25
£
1,512
-
1,279
2,791
31.3.25
£
2,342
(2,647)
(305)
31.3.25
£
607
31.3.24
£
179,163
1,418
180,581
31.3.24
£
4,286
31.3.24
£
1,121
6,188
7,309
31.3.24
£
1,512
34,711
487
36,710
31.3.24
£
1,010
(2,342)
(1,332)
31.3.24
£
431

continued...

Page 9

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

8. GRANTS PAYABLE

GRANTS PAYABLE
31.3.25 31.3.24
£ £
Medical equipment 25,000 5,742

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

10. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Equipment
£
COST
At 1 April 2024 and 31 March 2025 7,141
DEPRECIATION
At 1 April 2024 1,398
Charge for year 1,280
At 31 March 2025 2,678
NET BOOK VALUE
At 31 March 2025 4,463
At 31 March 2024 5,743
FIXED ASSET INVESTMENTS
Listed
investments
£
MARKET VALUE
At 1 April 2024 75,587
Revaluations (413)
At 31 March 2025 75,174
NET BOOK VALUE
At 31 March 2025 75,174
At 31 March 2024 75,587

11. FIXED ASSET INVESTMENTS

There were no investment assets outside the UK.

continued...

Page 10

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

11. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2025 is represented by:

Valuation in 2025
12.
STOCKS
Merchandise
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments and accrued income
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accrued expenses
15.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Restricted
Fixed assets
funds
£
4,463
fund
£
-
Investments
75,174
-
Current assets
554,420
-
Current liabilities
(3,336)
-
630,721
-
Listed
investments
£
75,174
31.3.25
31.3.24
£
2,647
£
2,342
31.3.25
31.3.24
£
£
15,790
606
388
472
16,178
1,078
31.3.25
31.3.24
£
3,336
£
3,180
31.3.25
Total
31.3.24
Total
funds
£
4,463
funds
£
5,743
75,174
75,587
554,420
530,323
(3,336)
(3,180)
630,721
608,473

continued...

Page 11

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

16. MOVEMENT IN FUNDS

At 1.4.24
£
Unrestricted funds
General fund
608,473
TOTAL FUNDS
608,473
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Resources
expended
£
Unrestricted funds
General fund
238,842
(216,181 )
TOTAL FUNDS
238,842
(216,181 )
Comparatives for movement in funds
At 1.4.23
£
Unrestricted funds
General fund
533,122
TOTAL FUNDS
533,122
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Resources
expended
£
Unrestricted funds
General fund
192,176
(121,706 )
TOTAL FUNDS
192,176
(121,706 )
Net
movement
At
in funds
£
31.3.25
£
22,248
630,721
22,248
630,721
Gains and
losses
£
Movement
in funds
£
(413)
22,248
(413)
22,248
Net
movement
At
in funds
£
31.3.24
£
75,351
608,473
75,351
608,473
Gains and
losses
£
Movement
in funds
£
4,881
75,351
4,881
75,351

continued...

Page 12

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Net
movement
At
At 1.4.23
£
in funds
£
31.3.25
£
533,122
97,599
630,721
533,122
97,599
630,721

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
431,018
431,018
Resources
expended
£
(337,887 )
(337,887 )
Gains and
losses
£
Movement
in funds
£
4,468
97,599
4,468
97,599

17. RELATED PARTY DISCLOSURES

During the year there were no related party transactions.

Page 13

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 214,165 - 214,165 179,163
Gift aid 924 - 924 1,418
215,089 - 215,089 180,581
Other trading activities
Merchandise sales 6,846 - 6,846 4,286
Investment income
Dividends received 3,019 - 3,019 1,121
Bank interest received 13,888 - 13,888 6,188
16,907 - 16,907 7,309
Total incoming resources 238,842 - 238,842 192,176
EXPENDITURE
Raising donations and legacies
Promotion and marketing costs 1,512 - 1,512 1,512
Printing & Publishing costs - - - 34,711
Depn of equipment 1,279 - 1,279 487
2,791 - 2,791 36,710
Other trading activities
Opening stock 2,342 - 2,342 1,010
Closing stock (2,647) - (2,647) (2,342)
(305) - (305) (1,332)
Investment management costs
Portfolio management 607 - 607 431
Charitable activities
Medical equipment 168,344 - 168,344 48,686
Responder phones 105 - 105 6,547
Seconded project staff 10,679 - 10,679 15,834
Grants to institutions 25,000 - 25,000 5,742
204,128 - 204,128 76,809
Support costs
Management
Insurance 942 - 942 900
Carried forward 942 - 942 900

This page does not form part of the statutory financial statements

Page 14

Docusign Envelope ID: 0BD0CE4E-645A-4139-800E-16FE0143718C

The Sandpiper Trust

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

31.3.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Management
Brought forward 942 - 942 900
Telephone 1,844 - 1,844 1,810
Sundries 63 - 63 -
Administration support 1,142 - 1,142 930
3,991 - 3,991 3,640
Governance costs
Postage costs 1,358 - 1,358 1,170
Sundries 275 - 275 360
Independent Examiner's fee 3,336 - 3,336 3,918
4,969 - 4,969 5,448
Total resources expended 216,181 - 216,181 121,706
Net income 22,661 - 22,661 70,470

This page does not form part of the statutory financial statements

Page 15