Trustees’ Report - NWAA · Trustees’ Report Giving the gift of time Committed - Adaptable - Respectful - Ethical ... The new aircraft will be introduced into Merseyside/Wirral

Trustees’ Report

Giving the gift of time Committed - Adaptable - Respectful - Ethical

and consolidated financial statements Year ended 31st March 2013

Chairman’s Introduction and report on the year Page 2

Chief executive officer’s report Page 3-4

Legal and administrative details Page 5-6

Trustees’ report Page 7-16

Independent auditor’s report to the members of North West Air Ambulance Page 17-18

Consolidated statement of financial activities Page 19

Balance sheets Page 20

Notes Page 21

Contents

The enclosed report covers the year ending 31st March 2013, being the thirteenth year of operation for the North West Air Ambulance.

Welcome to the Trustees report for the year 2012-13

The Charity has seen another strong year this year in what is a very difficult arena financially for the wider economy. Donations have increased by £125,000, which has enabled us to comfortably operate in accordance with our strategic plan.

Our two helicopters were fully operational and provided cover for up to 12.5 hours per day (during the Summer months) operating throughout the whole of the North West region. We assisted more patients having seen an increase in the number of missions flown by almost 20.4% to 1561 compared to 1297 during 2011-12.

The Charity continues to be committed to our challenge and to date have completed half of the objectives, those being to operate from hospital helipads as opposed to airports and placing emergency physicians on the flights. Deploying the 3rd aircraft will happen in the Autumn of 2013 and will be located in the Merseyside area giving us even greater coverage for Merseyside and the Wirral. The effect of this will be that all 3 major trauma hospitals in the North West region will have a dedicated HEMS helicopter at their disposal.

We started a procurement programme last year to replace the Blackpool helicopter the lease having expired in December 2012. We are proud to announce that Bond Air Services have been awarded a renewal contract and we look forward to continuing the long standing relationship we enjoy with them.

Finally I would like to thank my fellow Trustees for their dedication and commitment to the Charity ensuring we continue to “Give the gift of time” to those in need of our services.

Yours,

Mr Darryl Cooke

Chair, on behalf of the Board of Trustees

Chairman’s Introduction and Report

North West Air Ambulance Charity Page 2

Page 3

The CEO’s report for the future

The financial year 2012/13 is our 13th year of operation and brought some new challenges for the Charity but has been our most successful so far. As has been the case in the recent past our priority was to deal with the difficulties caused by the continued economic downturn and the leadership team held many meetings to discuss how best to address this issue.

In 2012 we set out to achieve in excess of £5 million income and thanks to our supporters we achieved our goal. Going forward we need to raise in excess of £6 million per annum as we introduce our 3rd aircraft into the fleet. In order to make this huge increase in income happen we introduced some new people into the team who have unique skills and specialisms and the next 12 months will not only be challenging but exciting for all of us. Our community fundraisers work tirelessly throughout the region as do our volunteers. All put back into the region by way of education in schools highlighting health and safety issues, awareness raising and of course increasing donations to the Charity.

The new aircraft will be introduced into Merseyside/Wirral area and will ensure that all of the residents in the North West have access to an air ambulance should our services be needed. We are working closely with North West Ambulance Service to ensure our operational times are complimentary to their busy periods and the results of this work could see us flying into the hours of darkness. With this innovation we are acutely aware of the need to invest in the infrastructure of helipads throughout the region. Work is ongoing in this area, not only to initiate new helipads but to upgrade those that do not have the full facilities required to accommodate us in the future.

We continue to offset our carbon footprint through our recycling programme as we are acutely aware of our position and our textile recycling programme not only assists with this but raises in excess of £150,000 per annum for the Charity. We would urge all of our supporters to continue helping us with this programme by donating unwanted items, clothes furniture, books etc. to either our shops or doorstep collections. My thanks go to all of our staff, volunteers and supporters for their hard work, dedication and support of the service

It would be remiss of me to not say a special thank you to all of our pilots, paramedics and doctors for their work in attending trauma incidents throughout the North West with particular thanks to Darren Walter, our Medical Director, for his support and guidance.

How...We are going to get to where we want to be...

North West Air Ambulance Charity

Future Plans:

By 2016 we are committed to:

Always being there when needed

We will operate a 24-7 service with helicopters that have the capability to support our population during the hours of darkness. If required, we will increase our fleet of helicopters to ensure people get the help they need.

Taking healthcare right to the patient

As part of our commitment, every mission will be manned by a pilot, a paramedic and a doctor, all of whom can give life-saving drugs and clinical support at the scene of the incident.

Increasing chances of survival

By moving our bases from airports to hospitals we will be able to take specialist resources to the patient as quickly as possible. We will aim to get the patient to the right hospital in the right time, first time. The aim is to reduce the need for onward transfer and delays to life saving treatment.

Providing our volunteers, donors and supporters with first-class support

As a charity, we rely on those people who collect, donate and give time to fund the service we provide. Without them we would not be able to operate, so we will provide them with a first-class service to ensure everyone feels part of our Charity.

Pushing the boundaries of innovation, passion and teamwork

Healthcare is an ever-changing environment with new practices and techniques, technologies and ideas. We will not rest on our laurels but will constantly adapt, evolve and work together with our partners to be the best service we can be.

The service delivery team continued to be busy with many of the region’s hospitals either upgrading their helipads or constructing one where none exist. This work will continue well into 2013/14 as we progress our own plans.

We are continually reviewing the operation with our major stakeholders and strive to be the best we can be. This is only possible due to the dedication of our volunteers who work tirelessly for us and the dedicated staff who work for the North West Air Ambulance. The ultimate commitment comes from those people and organisations who support us financially and we thank you for your generosity, we couldn’t do it without you.

Lynda Brislin, - Chief Executive

How...We are going to get to where we want to be


North West Air Ambulance (“the Charity”) is a registered company and is registered with the Charity Commission. The Charity was incorporated on 12 April 1999.

Charity registration number: 1075641

Company registration number: 03752544

Chairman of the Trustees: Darryl Cooke

Hon. Secretary: I J Lockhart

Bankers:

The Co-Operative Bank PLC 1 Balloon Street Manchester M60 4EP

Registered auditors:

TLL Accountants Ltd Chartered Accountants & Registered Auditors 7-9 Station Road Hesketh Bank Preston PR4 6SN

Investment managers:

Investec (formerly Rensberg Sheppard)2 Gresham StreetLondonEC2V 7QP

Registered address:

Stanley House North Mersey Business Centre Woodward Road Knowsley Merseyside L33 7UY

Chief Officer: Lynda Brislin

Legal and administrative details


WHO...

Our officials are...

Board of Trustees

Mr Darryl Cooke (Chair)

Mr J Keight

Mrs K March

Mr A Jude (Chair of Finance Sub Committee)

Mr T Bibby

Mr S Meehan

The Trustees are the members of the Charity. In the event of the Charity being wound up, the guarantee of each member is limited to £10.

Governing instrument

The Charity is governed by its memorandum and articles of association.

The accounts have been prepared in accordance with the Special Provisions of Part 15 of the Companies Act 2006 applicable to small companies, and in accordance with the Charities SORP 2005.

Appointment of Trustees

New Trustees are nominated by the current Trustees, with a view to recruiting from a range of business experiences and qualifications and also to represent the whole geographical area of the North West Air Ambulance. A Trustee Induction Pack has been produced which along with a Trustee interview process ensures that the high quality of Trustees the organisation deserves is ensured. All Trustees are given the opportunity to attend an external Trustee training course and are invited to submit any further training needs during the year that the Board will review and if approved will be settled by the Charity.

Legal and administrative details


The Trustees are required to:

1. Select suitable accounting policies and then apply them consistently;

2. Make judgements and estimates that are reasonable and prudent;

3. State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and

4. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue to operate.

The Trustees are required by law to act in accordance with the trust deed and the rules of the Charity within the framework of trust law. They are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Group and enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. They are also responsible for safeguarding the Group assets and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Insofar as the Trustees are aware; there is no relevant audit information (as defined by section 418 of the Companies Act 2006) of which the Charity’s auditor is unaware; and the Trustees have each taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

Senior Management Team

Lynda Brislin – Chief Executive [email protected]

Jackie Northover – Head of [email protected]

Roger Kirkbride – Head of [email protected]

Jenny Haskey – Head of Fundraising (From 3rd June 2013)[email protected]

Darren Walter – Medical [email protected]

Statement of trustees’ responsibilities


This year like every other year, the organisation has relied heavily on the time donated to us by our volunteers. We are always so thankful for the commitment and enthusiasm they bring to the organisation to help us raise both funds and awareness through attending local events and delivering presentations to community groups and organisations. In addition, our volunteers assist with administrative tasks in our head office and serve in our growing number of retail outlets.

Sarah Horne from Blackburn, and her family have been avid supporters of the North West Air Ambulance for several years.

Just over six years ago, Sarah’s husband was involved in a serious road traffic incident. The North West Air Ambulance were immediately called out to the scene to airlift Mr Horne to Royal Preston Hospital, though sadly he died a few hours later.

Sarah, now a retired teacher, delivers presentations about the Air Ambulance Service to many different organisations within the region such as Church groups, Women’s Institutes, or Rotary clubs. These groups contribute a speaker fee and regularly provide additional donations to support the work of the Charity.

In addition to this, she sells North West Air Ambulance merchandise and regularly attends cheque presentations as a representative on behalf of the charity.

Commenting on her volunteering work, Sarah said “It is the least I can do to give back to a charity who helped my husband at a critical time.”

She later added, “I really enjoy this role and I feel that it is very important to spread the charity’s message locally. The North West Air Ambulance is a wonderful charity who rely completely on the generosity of the public to keep it going 365 days of the year”

If you think you might be interested in joining our growing group of volunteers, please get in touch with our Volunteer Coordinator whose details are below, for an informal chat – whether you can donate one hour or a whole week we would love to hear from you.

Wendy Askew – Volunteer [email protected] 0151 547 7830

Volunteers


The North West Air Ambulance’s primary objective is the relief of sickness and injury and the protection of human life, by the provision of an air ambulance service in Lancashire, Cumbria, Greater Manchester, Merseyside and Cheshire. The organisation is a registered charity receiving no mainstream funding, yet it offers a vital service seven days a week, 365 days a year across 5,500 square miles serving a residential population of 8 million. North West Air Ambulance operates two aircraft – from Blackpool airport, and from City of Manchester airport both operating seven days per week. North West Air Ambulance covers all major motorway networks, and areas that have poor and restricted road access. On average the North West Air Ambulance is called out four times per day, rising up to ten in the summer. Whilst the incidents vary greatly, there are two over-riding factors for the North West Air Ambulance’s presence – either because time is extremely crucial or where road access is limited. The North West Air Ambulance has a maximum flying time of ten minutes to the nearest appropriate hospital anywhere in the region and in the event of serious incidents it is this speed with which medical care can be delivered that is crucial. It is recognised that by receiving treatment at the scene and arriving at the hospital hospital as quickly as possible, the patient’s chances of survival and speed of recovery are dramatically improved.

The North West Air Ambulance ensures a very high standard of care is met, whilst overcoming the problem of distance and congestion, accessing most areas of the North West promptly, in turn bringing highly qualified doctors and paramedics, as well as sophisticated equipment to the patient. All crew are operational ambulance staff that have received special additional training in navigation, meteorology, principles of flight, helicopter safety and helicopter evacuation training. With two air ambulances now fully commissioned and operational we are in a position to provide an even better and more comprehensive service across the North West of England.

Public Benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning future objectives and policies, and are satisfied that the necessary conditions are met, as described in this report.

Who...We are and what we do...


North West Air Ambulance Charity Last year the North West Air Ambulance flew over 1580 missions, undertaken by two EC 135 Aircraft - one based at Blackpool Airport and the second based at City of Manchester Airport. The Eurocopter EC135 utilises twin Turbomeca Airbus 2B2 engines. It has a maximum take-off weight of 2835kg with a fast cruise speed of 150kt. It is equipped with a stretcher of 1 to 2 patients and a maximum flying range of 320nm.

The Eurocopter has been specifically configured for HEMS (Helicopter Emergency Medical Service) and the seating is two front: Pilot and Paramedic, and rear: Paramedic or Doctor with facility to carry patient and carer. The two aircraft are currently dispatched through the North West Ambulance Service 999 system and they will deploy the aircraft to a patient who is seriously ill or injured. All paramedics working with us are seconded from North West Ambulance Service NHS Trust and must have a minimum two year’s experience, on a land vehicle, prior to joining our team.

How...We do what we do...


Page 11

Air Ambulance Saves Industrial Accident Victim

In February 2002, Farington resident Paul Kelly was working alone in his factory when he tripped and fell into an industrial mixing machine. Alone in the factory and trapped inside the machine, Paul’s situation was grave.

However, the machine stalled and a delivery driver just so happened to turn up several hours early and heard Paul shouting out. This driver came to his aid, turning the machine off at the mains, calling the ambulance service and jumping inside the machine to help.

Paul had become a triple amputee, and his injuries were so severe that the North West Ambulance Service paramedics first on-scene immediately called for assistance from the air ambulance. Due to the critical time constraints, all the emergency service teams were forced to work together to haul Paul from the machine using a rope. The North West Air Ambulance flew him first to the trauma centre at Preston hospital where staff identified his injuries, and then transferred him two hours later to Wythenshawe Hospital for microsurgery.

Paul, 58, comments: “In microsurgery time is of the absolute essence, and the air ambulance got me to the hospital with the right staff within an hour.”

“My second journey took only fourteen minutes. When I arrived renowned microsurgeons Gus McGrowther and Stuart Watson and the rest of a dedicated surgery team worked on me for twenty two hours. Surgeons were sleeping on trolleys outside the operating theatre because they knew they could be called in at any moment. Gus reconstructed my right hand and Stuart reattached the left, and although I lost my left leg they managed to save my knee, which was absolutely critical for my future rehabilitation. Simply put, the air ambulance saved my life. They got me to brilliant specialist surgeons within the golden hour after the accident, and if they hadn’t I just wouldn’t have survived.”

North West Air Ambulance ‘saved my life’ says motorbike victim

In September 2012, Jennifer Edlington, 35, from Bolton, had been taking part in a motorcycle lesson when she lost control of the bike, drove through a fence, veered into a ditch and struck a dry stone wall. She suffered serious injuries, sustaining a broken back, a broken pelvis, a broken collarbone, several broken ribs and two collapsed lungs.

Due to the restricted location of the accident and the nature of the suspected spinal injuries, the North West Air Ambulance attended the incident and airlifted Jennifer to Preston Royal Hospital in just four minutes where she received specialised treatment at its trauma centre.

Jennifer, 35, comments: “I’ve been told since the accident that if I’d been taken by road the journey would have taken nearly twenty minutes, but the air ambulance got me there in just four, this speed probably saved my life.

Since the incident, Jennifer has kept in touch with paramedic Chris Fraser-Clark who was one of the first paramedics on-scene on the day of her accident, and she recently returned to the North West Air Ambulance base in Barton to visit him.

Jennifer continues: “To assist my recovery, I needed to understand what happened both during the incident, as I couldn’t remember much, so being able to actually visit the people who almost certainly saved my life, and the ambulance which they did it in, has given me a huge sense of mental closure.”

Jennifer is currently planning a dogsledding trek to the Arctic in 2014 to raise £3,000 in donations for the air ambulance.

Who...We have helped...


Fundraising update 2012-13

Once again we are pleased to report that we have had another exceptional year with generous donations received from our supporters throughout the North West and beyond.

We have seen dramatic spikes in Legacy and Lottery donations and our retail programme continues to outstrip the reported national trend.

We were fortunate to secure a 2-year programme with United Utilities, the region’s water supplier, and early signs are very positive. We are working closely with them on planned events, which should see a significant donation in the 2013/14 financial year.

Our affinity accounts with Furness, Marsden, Chorley and Manchester building societies are going from strength to strength with some £200,000 being donated to the Charity as a result of your support and we thank you.

The Freemasons Grand Charity donated £12,000 to us through their provincial lodges of East Lancashire, West Lancashire and Cheshire. It is an honour to be recognised by this esteemed group of people and many long term relationships have been built.

In November 2012 we were fortunate enough to be the chosen charity for Insider Magazine’s Dealmakers awards dinner in Manchester which raised a magnificent £17,000 on the night.

Whilst we speak of the corporate support we have received we cannot conclude this piece without thanking all of the groups, societies and individuals who keep us flying “Giving the Gift of Time.” Without you all our work would be so much more difficult and again we thank you.

Events

Throughout the year lots of events took place including our annual charity ball which this year was held at the Lowry Hotel, Manchester. 230 people attended and danced the night away whilst raising a significant amount of money for the Charity. The annual Christmas Concert was held in Manchester Cathedral for a 3rd year and we had X Factor winner Shayne Ward entertain around 700 people. Many of his fans travelled great distances to get closer to him and he didn’t disappoint.

Groups of people from all over the region took part in skydives, marathons, cycle challenges, cake bakes and many other activities all in support of the Charity. Such is the appetite for this type of event that we have organised some of our own for the future and details of these can be found at www.nwaa.net.

Our very own TV presenter Paul Crone arranged to have the biggest mince pie in the North West baked locally and then sold it for £1 per slice at the Manchester Christmas markets raising a staggering £600 in a few hours. This proves that even zany ideas can raise money.

We really appreciate whatever the public do for us and it never ceases to amaze the team here the lengths people will go to both physically and mentally to support their Air Ambulance.

We salute you all.

How...We raised funds to support ourselves...


Lottery

Once again we are delighted to announce that our in house society lottery continues to go from strength to strength making a huge contribution to the running of the Air Ambulance operation.

Last year we reported on the new initiatives we were introducing which we are pleased to say have been successful having increased the number of supporters providing a reliable and sustainable source of income.

Bringing our Grand Annual Draw in house last year proved successful as over 140,000 people bought tickets. We hope we are able to build on the support we have enjoyed in the past enabling us to “Give the Gift of Time” to people in need of our services.

Shops and Trading

The Charity – through its trading arm North West Air Ambulance Promotions Limited – operated leases on premises in Southport (Merseyside), Lytham (Lancashire), Garstang (Lancashire), Kirkby Lonsdale (Cumbria) and at the Royal Blackburn Hospital (Lancashire) in this financial year.

The weekly income from the outlets is significant and we outperform the reported national trend for charity shops. This is something we are extremely proud of.

We have ambitious plans for the year ahead opening 3 new stores which have been identified as our NWAA@HOME specialising in all things for the home including furniture, bedding, curtains etc. This is due to open in the Autumn of 2013 in Lytham along with our stores in Hale and Alderley Edge (both in Cheshire) which is really exciting.

It is all due to the generosity of our supporters that we are able to achieve our target and we urge each and every one of you to keep supplying us with your donated goods and your time as volunteers in the shops.

North West Air Ambulance Promotions Limited is also the trading company through which we retail our merchandise and Christmas goods. Last year the Christmas cards broke all records with a re-run of the original quantity being ordered. Let’s hope we can repeat it this year.

Our full range of charity merchandise is available at www.nwaa.net

How...We raised funds to support ourselves...


Financial review of the year

The Charity achieved another strong financial performance in a difficult and uncertain year for the wider economy. Overall income has seen a growth of 4.73% maintaining the trend from previous years. The continued support of donations from Friends of North West Air Ambulance (the NWAA Lottery) and a significant increase in very generous bequests have contributed over £3m to income in the year. Fundraising efforts in a challenging environment have ensured that voluntary income remained in line with previous years at £2m. Investment income grew by 139% as the benefits of the investment policy adopted in previous years come to fruition. Overall costs have increased by £434,000 with the bulk of the increase due to direct operating costs. Careful control of expenditure coupled with the continued support of the public has ensured that consolidated total net assets have increased by £1.3m to £6.3m and that the Charity’s financial position is solid - especially important to meet the investment required for future plans to succeed and to ensure the Charity will continue to provide a life-saving service into the future.

The Finance team are fully integrated into the senior management team structure and work closely with the Fundraising team to review income levels and consider where targeted campaigns need to be focused. All departments are continually reviewing their expenditure against budgets and forecasts are updated quarterly, with variations in forecast expenditure communicated to the Board each quarter.

The Charity’s budget process, designed to tighten up the financial management and forecasting of the organisation, is closely tied into the Charity’s 5 year strategic plan.

The Head of Finance works with the Board to ensure that the financial information produced is fit for purpose – providing information that allows timely and well informed business decisions.

The strategic vision for the Finance team continues to be to further embed finance into the decision making systems of the Charity and ensure that key information - financial and non-financial -provided to managers is both timely and relevant to robust decision making.

Other key functions and the focus for the future will continue to be on compliance and best practice. The Charity prides itself on being transparent in all its transactions and is committed to ensuring all new legislation and directions for best practice are introduced at the earliest possible time; to ensure the best levels of compliance with both Company Law and the Charity Commission guidance.

Risk

The Trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established systems and procedures to manage those risks. Last year the Risk Register was revised into a new format which the Finance Sub Committee (Audit Committee) felt was a better fit for the organisation and that made the management of risk easier (based on a model used by the NHS).

The major risks to the Charity under each heading were reviewed, rated and controls and monitoring identified for each. A major review of Health & Safety also took place during the year, and the results of this programme have been appended to the Risk Register.

The Trustees undertake to review the risk register at least once per year, but endeavour to make it a ‘living’ document — updated as changes take place in the organisation, and with this in mind has tasked the management team with regular review and update to the register as the business changes.

How...We pay for it all...


Reserves

In line with the Charities Act requirement, the Trustees have reviewed the Charity’s reserves policy during the year. The reserves policy was agreed at two year’s operational costs and this remains the target — however, the trustees recognise that this continues to be a challenging target as costs continue to grow (see Note 13).

The management team has worked especially hard this year and has been able to add £1.3m to reserves this year – taking the current level to £2.3m (General funds) – closer to the targeted £3m. The longer-term five-year plan remains to increase to two year’s operational costs (estimated to be between £4m and £5m).

Investments

After their appointment in late 2009 Investec (formerly Rensberg Sheppard) took over the management of the Charity’s investment funds.

The Trustees have agreed a cautious approach to investment and of course wish to maximise income from funds but with the primary concern being the safety of funds invested.

Investments of no more than 6 months was agreed, and a mix of investment periods, providers and returns has been utilised during the year in order to keep the assets of the Charity as liquid as possible. Investec have managed to achieve net gains on investment of £264,000 in the year and the Board feel that this level of performance, along with the strong business relationship between the Charity and Investec means that the relationship will continue through 2014.

Trustees’ report (continued)

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Auditors

A resolution for the appointment of TLL Accountants Ltd as auditors of the Charity for the forthcoming year was approved at the Annual General Meeting.

Approved by the Board of trustees on 16th October 2013 and signed on its behalf by:

How...We pay for it all...


Mr Darryl Cooke Mr Allan Jude

Page 15

You can help support us...

The reality is that, as a charity, the more we commit to do the more we need your help. If we are to give the gift of time, then we need your support to help us raise the vital funds required to enhance our service.

You can enable us to give the gift of time by:

Donating your time

• Becomeavolunteer:Foravolunteerapplicationformpleasecall 0151 547 7830 or email [email protected]

Donating financially to the charity

• Donateonlineatwww.nwaa.net• Call01515477830todonatebycreditordebitcard• SendachequepayabletoNorthWestAirAmbulanceCharity to NWAA North Mersey Business Centre, Woodward Road, Knowsley L33 7UY• TextRESCUEto70300tomakeaninstantdonationof£5.00• Takeyourdonationtooneofourcharityshops• Takepartinoneofourinitiatives,suchasthelottery,clothing

donations or set up a monthly standing order Open an affinity account with our partners – Furness Building Society, Manchester Building Society, Marsden Building Society or Chorley Building Society

Events

We are holding a number of events this year to raise money for the Charity. From dressing up to joining us at one of our glamorous balls, to sponsored walks or even getting us to come to your event!

If you are interested in getting involved then please contact our fundraising team by emailing [email protected]

Many of the community groups who choose to support the North West Air Ambulance do so by organising events on our behalf and donating the proceeds:

This year has seen spectacular firework displays, sponsored skydives, theatre performances, sponsored rides, Motor Shows, Gala Balls and County Shows just to name a few.

If you are interested in organising an event, or would simply like to see if any events are taking place near you please visit our website at www.nwaa.net

Fundraising Team

Zoe Casson – Regional Fundraiser for Cumbria [email protected]

Gillian Edwards – Regional Fundraiser for Cheshire & [email protected]

Joanne Fowler – Regional Fundraiser for West Lancs [email protected]

Liz Greenwood – Regional Fundraiser for East [email protected]

Louise Lloyd – Regional Fundraiser – [email protected]

Lauren Richardson – Fundraising [email protected]

Linda De Sa – Challenge Events [email protected]

Gemma Torkington – Individual Giving [email protected]

How...You can help support us...


We have audited the financial statements of North West Air Ambulance Charity for the year ended 31st March 2013, which comprise the Consolidated Statement of Financial Activities (income and expenditure account), the Consolidated and Parent Company Balance Sheets, and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and Financial Reporting Standards for Smaller Entities (effective April 2008) (United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities).

This report is made solely to the Charitable Company’s members, as a body, in accordance with chapter 3 of part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Charity’s members 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 Charitable Company and its members as a body, for our audit work, for this report, or for the opinions we have formed.

Respective responsibilities of trustees and auditor

As explained more fully in the Trustees’ Responsibilities Statement (within the Trustees’ Report) the trustees (who are also the Directors of the Charitable Company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s Ethical Standards for Auditors.

Scope of the audit of financial statements

A description of the scope of an audit of financial statements is provided on the APB’s website at www.frc.org.uk/apb/scope/private.cfm

Basis of audit opinion

We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. It also includes an assessment of the significant estimates and judgments made by the Trustees in the preparation of the financial statements and of whether the accounting policies are appropriate to the Charity’s circumstances, consistently applied and adequately disclosed.

We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial statements.

Independent Auditor’s Report to the Trustees and Members of North West Air Ambulance (limited by guarantee)


Opinion

In our opinion the financial statements:

• GiveatrueandfairviewofthestateoftheGroupandCharitableCompany’s affairs as at 31st March 2013 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• HavebeenproperlypreparedinaccordancewithUnitedKingdomGenerally Accepted Accounting Practice (applicable to smaller entities); and

• HavebeenpreparedinaccordancewiththerequirementsoftheCompanies Act 2006.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion the information given in the Trustees’ Annual Report for the financial year for which the financial statements are prepared is consistent with the financial statements.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Companies Act 2006 required us to report to you if, in our opinion:

• Adequateaccountingrecordshavenotbeenkeptorreturnsadequate for our audit have not been received from branches not visited by us; or

• Thefinancialstatementsarenotinagreementwiththeaccountingrecords and returns; or

• CertaindisclosuresofTrustees’remunerationspecifiedbylaware not made; or

• Wehavenotreceivedalltheinformationandexplanations we require for our audit; or

• TheTrusteeswerenotentitledtopreparethefinancialstatements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the Trustees’ Report.

P Buck ACA, DChA Senior Statutory Auditor, for and on behalf of:

TLL Accountants Ltd

Chartered Accountants Statutory Auditors7-9 Station Road Hesketh Bank Preston PR4 6SN

16th October 2013

Independent Auditor’s Report to the Trustees and Members of North West Air Ambulance (limited by guarantee)


Notes Restricted funds totalYear ended31 March2013£

Unrestricted funds totalYear ended31 March2013£

Funds totalYear ended31 March2013£

Funds totalYear ended31 March2012£

Incoming resourcesIncoming resources from generated funds

Voluntary income 7,000 5,005,960 5,012,960 4,887,388

Activities for generating funds:Commercial trading operations

- 502,950 502,950 440,773

Investment Income 2 - 114,061 114,061 47,631

Total incoming resources 7,000 5,622,971 5,629,971 5,375,792

Resources ExpendedCosts of generating funds

Commercial trading operations - 381,247 381,247 301,693

Other Fundraising costs 7,000 574,254 581,254 598,809

3 7,000 955,501 962,501 900,502

Charitable activities

Cost of operation of the North West Air Ambulance

3 - 3,531,317 3,531,317 3,157,966

Governance costs 3 - 36,202 36,202 37,328

Total resources expended 7,000 4,523,020 4,530,020 4,095,796

Net Income for the year before transfers and recognised gains and losses

- 1,099,951 1,099,951 1,279,996

Gains/Losses on investments - 263,630 263,630 87,437

Total funds brought forward - 5,012,428 5,012,428 3,644,995

Total funds carried forward 13 - 6,376,009 6,376,009 5,012,428

Consolidated Statement of Financial Activities(Income & Expenditure Account)

for the year ended 31 March 2013


The consolidated figures above include the results of the Charity which had income for the year of £5,248,724 (2012: £5,074,099) and a net surplus of £1,363,581 (2012: £1,367,428). The above results arose solely from continuing activities. There is no material difference between the reported results and the historical results of the Group and Charity. The notes in the appended pages form part of these Financial Statements.

Statement of total recognised gains and lossesThe Charity has no recognised gains or losses other than the net movement in funds for the year.

Notes Group Charity

2013 £ 2012 £ 2013 £ 2012 £

Fixed Assets

Tangible Assets 8 102,129 134,714 76,501 104,001

Investments 9 - - 11,502 11,502

102,129 134,714 88,003 115,503

Current Assets

Stock 13,477 10,691 - -

Investments 10 3,111,472 2,730,562 3,111,472 2,730,562

Debtors 11 532,831 533,549 675,673 691,416

Cash at bank and in hand 2,942,724 1,723,133 2,806,109 1,586,444

6,600,504 4,997,935 6,593,254 5,008,422

Creditors: amounts falling due within one year

12 (326,624) (120,221) (309,241) (115,490)

Net Current assets 6,273,880 4,877,714 6,284,013 4,892,932

Net assets 6,376,009 5,012,428 6,372,016 5,008,435

Income funds

Unrestricted – General Funds 13 3,566,176 2,276,952 3,562,183 2,272,959

Unrestricted – Designated Funds 13 2,809,833 2,735,476 2,809,833 2,735,476

6,376,009 5,012,428 6,372,016 5,008,435

Balance Sheetsas at 31 March 2013


These Financial Statements have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2007).

The notes in the appended pages form part of these Financial Statements.

These Financial Statements were approved by the Board of Trustees on 16th October 2013 and signed on its behalf by:

………………………………. ……………………………….. Mr Darryl Cooke Mr Allan Jude

Notes(Forming part of the financial statements)


1 Accounting policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the Group’s financial statements.

Basis of preparation

The Financial Statements have been prepared in accordance with the Statement of Recommended Practice 2005 (SORP) “Accounting and reporting by Charities” and applicable accounting standards and under the historic cost accounting rules in line with the Companies Act 2006The Group is exempt from the requirement of Financial Reporting Standard 1 (revised) to prepare a cash flow statement as it qualifies as a small Group.

Basis of consolidation

The consolidated financial statements include the Financial Statements of the subsidiary company: North West Air Ambulance Promotions Limited for the year to 31 March 2013. This has been consolidated on a line by line basis in accordance with the requirements of the SORP.

The Charity has not presented its own Statement of Financial Activities (SOFA) as permitted by the Companies Act 2006 and the provisions of paragraph 397 of the SORP 2005.

Related party transactions

The trustees have taken advantage of the exemption in FRS8, paragraph 3(c), and have not disclosed related party transactions with its subsidiary undertaking.

Grants and donations

Grants and donations are included in the Statement of Financial Activities as they become due and are included in the relevant fund. Income expended is accounted for in the Statement of Financial Activities. Where income has donor imposed restrictions regarding its use, this is shown within restricted funds with related costs being allocated to the same fund.

Where there is a timing restriction which requires income to be deferred to a future period, such amounts are shown within creditors and later credited to the Statement of Financial Activities as eligible. Donations in kind Where assets are donated to the Charity these are included within restricted income and costs at the market value of the asset or the value in use at the time of the donation. Where the cost is capitalised, a transfer is made out of restricted funds to the extent that the restriction no longer exists. A threshold of £3,000 is operated for recording donations in kind. Legacies

Legacies, which are included within voluntary income, are recognised when the bequest becomes due and is quantifiable. Any legacy income received or identified more than six weeks after the Charity’s year end will be included in the following financial year’s income for practical accounting purposes.

Grants paid

Grants paid are included in the Statement of Financial Activities as they become payable. These become payable when authorised by the trustees.

Notes(continued)


Expenditure

Expenditure has been charged to the Statement of Financial Activities on an accruals basis. Expenditure relating directly to the objectives of the Charity is shown as charitable expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the statement of financial activities. There is deemed to be only one key objective to which charitable costs are allocated.

Governance costs include an element of administrative staff costs / support costs which relate mainly to accounts preparation.

Investments

Investments are shown at market value.

Commercial income

Commercial income represents the amounts (excluding value added tax) received from the sale of goods to customers during the year through the trading subsidiary North West Air Ambulance Promotions Limited. All such turnover arises in the United Kingdom.

Taxation

The Charity does not have any charge to tax on its charitable activities.

Unrestricted funds

Unrestricted funds are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Irrecoverable VAT

Irrecoverable VAT is accounted for in the expenditure category under which the costs are incurred.

Fixed Assets

Tangible fixed assets for use by the Charity are stated as cost less depreciation.

Individual purchases costing less than £2,000 are not capitalised, but are written off as a cost during the year.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

All categories of assets: 20% on straight line basis

Stocks

Stocks are valued at the lower of cost and net releasable value, after making due allowances for any obsolete or slow moving items.

Notes(continued)


Year ended 31 March 2013£


Direct Charitable expenditure

Operating costs 2,975,762 2,721,353

Support costs (note 6a) 480,733 403,913

Legal and professional 39,000 -

Depreciation 35,822 32,700

3,531,317 3,157,966

Fundraising Costs

Staff costs and travel 297,377 289,498

Investment managers’ fees 19,789 18,679

Other expenses 264,088 290,632

581,254 598,809

Subsidary expenses 381,247 301,693

962,501 900,502

Governance Costs

Auditor fees - audit and accounts 7,000 6,600

- other services - 2,700

Bank charges 2,516 2,986


Legal and professional 20,625 20,574

36,202 37,328

2 Investment Income – Charity and Group

3 Analysis of total resources expended – Charity and Group

Unrestricted funds£



Bank Interest 11,880 11,880 1,888

Current Asset Investment 102,181 102,181 45,743

114,061 114,061 47,631

Notes(continued)


Total staff costs for the year may be analysed as follows: Year ended 31 March 2013£


Gross pay 511,156 505,434

Social Security costs 47,358 52,011

Pension costs 2,486 5,834

561,000 563,279

The average number of employees (full time equivalents), analysed by function was as follows:

Year ended 31 March 2013Number

Year ended 31 March 2012Number

Fundraising 9 8

Administration 11 9

20 17

4 Staff numbers and costs – Charity and Group

5 Staff numbers and costs – Charity and Group

One employee was paid over £60,000 (the disclosure limit specified by the Charity Commission). The total remuneration was in the bracket from £60,000 to £70,000. There were also employer pension costs to a defined contribution scheme of £1,599 (2012: £1,599) for the year.

The trustees received no remuneration from the Charity (2012: £nil), reimbursement of expenses during the year totalled £nil (2012: £nil). During the year professional indemnity insurance was purchased relating to all of the trustees, at a cost of £2,000 (2012: £2,000).

In addition to the staff costs above, there are further costs relating to operational staff and paramedics included within ‘Operating costs’ which are paid by way of a service level agreement. The costs of the charity shop management staff (within the subsidiary company) are included within fundraising costs.

Notes(continued)


6a Support costs

Support costs are allocated to fundraising and direct charitable expenditure as follows (on the basis outlined below):

Total £

Charitable Activities£

Fundraising Costs£

Staff cost and travel 660,837 363,460 297,377

Office and utility costs 86,831 47,757 39,074

Events and consultancy 200,691 - 200,691

Stationery, postage and telephone 55,483 30,516 24,967

Advertising and website 15,585 - 15,585

Professional fees and other costs 42,560 39,000 3,560

1,061,987 480,733 581,254

6b Support costs – Basis of allocation

Support costs are allocated to fundraising and direct charitable expenditure on the basis outlined below:

Total £

Charitable Activities£

Fundraising Costs£

Basis of Allocation

Staff cost and travel 660,837 55% 45% Staff numbers

Office and utility costs 86,831 55% 45% Staff numbers

Events and consultancy 200,691 - 100% Specific To Activity

Stationery, postage and telephone 55,483 55% 45% Staff numbers

Advertising and website 15,585 - 100% Staff numbers

Professional fees and other costs 42,560 - - Specific To Activity

1,061,987

7 Taxation

Neither the Charity nor its subsidiary company had any liability to corporation tax during the year.

Notes(continued)


8 Tangible fixed assets

Group£

Charitable Company£

Cost

At the beginning of the year 295,996 223,276

Additions 24,795 14,383

Disposals - -

At end of year 320,791 237,659

Depreciation

At the beginning of the year 161,281 119,275

Charge for the year 57,381 41,883

Depreciation on disposals - -

At end of year 218,662 161,158

Net book value

At 31st March 2013 102,129 76,501

At 31st March 2012 134,715 104,001

9 Fixed Asset Investments

2013£

2012£

Charity

Ordinary £1 shares in North West Air AmbulancePromotions Limited – at market value

11,502 11,502

The historical cost of these investments was £11,502 (2012: £11,502)

9 Fixed Asset Investments (continued)

Notes(continued)


2013£

2012£

Turnover 502,950 440,773

Cost of sales (57,460) (26,983)

Gross profit 445,490 413,790

Other operating income - -

Administrative expenses (325,037) (282,092)

Net profit for the year 120,453 131,698

Tax on profits not distributed - (118)

Gift aid donation to North West Air Ambulance (120,453) (131,580)

Profit on ordinary activities transferred to reserves

- -

2013£

2012£

Assets 211,448 197,030

Liabilities (195,953) (181,535)

Total reserves (including £11,502 share capital) 15,495 15,495

The Charity has one trading subsidiary, North West Air Ambulance Promotions Limited, a company incorporated in England and Wales which is consolidated into the results of the North West Air Ambulance. The Charity owns the entire share capital of this company, being 11,502 ordinary shares. The company raised funds for the North West Air Ambulance during the year.

Audited Financial Statements of North West Air Ambulance Promotions Limited for the year ended 31 March 2013 are filed with the Registrar of Companies. A summary of the trading results of North West Air Ambulance Promotions Limited are shown below:

The aggregate of assets, liabilities and reserves is:

The consolidated statements of financial activities includes the results of the subsidiary company.

The total income of the Charity before consolidation adjustments is £5,248,724 (2012: £5,074,099).

10 Current Asset Investments-Charity and Group

Notes(continued)


2013£

2012£

Carrying value (MV) at beginning of year 2,730,562 2,087,994

Additions at cost 20,040 500,000

Increase (decrease) in cash balance 231,383 134,131

Disposals at carrying value (134,143) (79,000)

Net gain/loss on revaluation 263,630 87,437

Carrying value at (MV) at end of year 3,111,472 2,730,562

Historical cost or above investment at the end of the year

2,533,038 2,422,327

2013£

2012£

UK listed equities 1,117,799 1,076,139

UK fixed Interest 844,428 807,335

Overseas equities 729,745 435,534

Overseas fixed Interest 266,291 266,222

Cash 153,209 145,332

3,111,472 2,730,562

Analysis or Investment value by type:

11 Debtors

Group 2013£

Charity 2013£

Group 2012£

Charity 2012£

Trade debtors - - - -

Amounts owed by the FONWAA 258,242 258,242 194,122 194,122

Amounts owed by subsidiary undertaking - 178,585 - 176,803

Prepayments 39,759 15,889 27,422 17,632

Accrued Income 228,885 218,602 307,695 301,778

Other debtors 5,945 4,355 4,310 1,081

532,831 675,673 533,549 691,416

Debtors includes £25,000 (2012: £25,000) due after more than one year.

12 Creditors: amounts falling due within one year

Notes(continued)


12 Creditors: amounts falling due within one year

Deferred income relates to amounts received towards fundraising events due to take place in the following financial year, when this income will be released to the statement of financial activities and may be summarised as follows:-

Group £

Charity£

Balance brought forward 2,400 2,400

Received in year - -

Released to SOFA (2,400) (2,400)

Balance carried forward - -

Group2013£

Charity2013£

Group2012£

Charity2012£

Trade creditors 175,702 165,804 24,462 23,759

Accruals 150,922 143,437 93,359 89,331

Deferred Income - - 2,400 2,400

326,624 309,241 120,221 115,490

13 Reconciliation of movement in funds

Notes(continued)


The trustees’ reserve policy is to achieve reserves that will ensure two years operational costs of the two aircraft currently operated by the organisation. This means that the organisation aims to achieve reserves of approximately £8 - 9 million. Through careful budgeting and cost control the trustees hope to reach this target within the next five years.

The designated fund of £2,809,833 shown above has been earmarked to cover the total annual lease commitments as described in note 14 plus sufficient to further cover the increased aircraft operational costs and medical expenditure necessary to satisfy the Charity’s strategic plan of extended flying hours, increased patient care and specialist partnership arrangements (£764,000). It is imperative that the Charity is able to meet these costs before committing other expenditure.

Restrictedfunds

Unrestricted Funds – Designated £

UnrestrictedFunds – General £

Total2013 £

Group

Funds at start of year - 2,735,476 2,276,952 5,012,428

Net Movement In Funds - - 1,363,581 1,363,581

Transfers - 74,357 (74,357) -

Funds at end of year - 2,809,833 3,566,176 6,376,009

Group Reserves Aircraft No. 1£

Aircraft No. 2£

Aircraft No. 3£

Total£

Operating cost commitment (2 years) 2,697,880 2,426,790 2,552,856 7,677,526

Costs re strategic plans 764,000 - - 764,000

Required reserves 3,461,880 2,426,790 2,552,856 8,441,526

Current reserves (3,461,880) (2,426,790) (487,339) (6,376,009)

Shortfall in target reserves - - 2,065,517 2,065,517

Notes(continued)


15 Share capital

The Charity is limited by guarantee and as such has no share capital. In the event of the Charity being wound up, the liability of each member is limited to £10.

16 Related party transactions

Three trustee directors of the Charity (J Keight, K March and A Jude) are also directors of the trading subsidiary: North West Air Ambulance Promotions Limited. The transactions with this company are consolidated with the results of the Charity and as such do not require separate disclosure. J Keight and K March are also directors of Friends of the NW Air Ambulance Lottery CIC, from which the Charity has received income of £2,380,008 in the year (2012: £2,347,075). The balances owed by the Community Interest Company to the charitable Group are disclosed in note 11 to these Financial Statements.

17 Transactions with Directors

During the year transaction were conducted with two companies that two current Trustees have interests in.

These transactions were of a type allowed for in the Charity’s Memorandum and Articles of Association and were carried out in accordance with the Charity’s Conflict Policy.

14 Lease Commitments

Property£

Other£

Total£

Less than one year - 10,058 10,058

After 1 year and less than 2 years - - -

After 2 years and less than 5 years 40,000 12,590 52,590

More than 5 years - 1,983,185 1,983,185

Total Operating lease commitments 40,000 2,005,833 2,045,833

Charity Statement of Financial Activities for the year ended 31 March 2013

Notes(continued)


Year Ended 31 March 2013 Year Ended 31 March 2012

£ £ £ £

Incoming resources

Donations from Lottery 2,380,008 2,347,057

Gift Aid from NWAA Promotions 120,453 131,580

Events 228,918 301,568

Legacies 718,744 399,827

Corporate gifts 208,748 160,952

Affinity Accounts 178,829 134,857

Individual donations 246,704 251,419

Groups 333,475 452,922

In Memoriam 253,241 165,198

Payroll Giving 49,635 59,128

Trusts 40,435 106,113

Recycling 145,787 148,008

Collection Boxes 131,760 68,377

Statutory Funders 33,984 24,492

PCT & Other 9,036 228,697

Gift Aid 53,656 38,773

,

Bank interest receivable 11,880 1,888

Investment Income 103,431 53,243

2,748,263 2,595,462

Total incoming resources 5,248,724 5,074,099

This page does not form part of the statutory accounts.

Notes(continued)


Charity Statement of Financial Activities for the year ended 31 March 2013 (continued)


£ £ £ £

Resources expended

Direct charitable

Operational Costs 2,975,762 2,721,353

Legal and professional 39,000 -


Fundraising and publicity

Direct staff costs & recruitment 602,759 574,589

Utilities and insurance 19,826 19,761

Repairs and renewals 10,455 11,375

Accommodation, catering and room hire 51,178 45,401

Travelling 58,078 41,364

Consultancy, fundraising and promotion 200,691 196,131

Computer, website and software 14,226 18,311

Printing, stationery and postage 34,542 27,561

Advertising 1,359 1,319

Telephone and internet 20,941 12,375

Equipment 4,766 14,265

Subscription and fees 606 1,575

Legal and professional 31,903 31,799

Sundry 10,657 6,901

1,061,987 1,002,727

Total costs carried forward 4,112,571 3,756,780


Notes(continued)


Charity Statement of Financial Activities for the year ended 31 March 2013 (continued)


£ £ £ £

Total costs brought forward 4,112,571 3,756,780

Governance costs:

Audit fees 7,000 9,300

Bank charges 2,516 2,986


Legal and professional fees 20,625 20,574

36,202 37,328

Total resources expended 4,148,773 3,794,108

Net surplus for the year 1,099,951 1,279,996

Unrealised gains on Investments 263,630 87,437

1,363,581 1,367,428


North West Air Ambulance CharityNorth Mersey Business CentreWoodward RoadKnowsleyL33 7UY

Telephone0800 587 4570

[email protected]

Reg Charity No:1075641

Registered company number: 03752544

Documents

Trustees’ Report - NWAA · Trustees’ Report Giving the gift of time Committed - Adaptable - Respectful - Ethical ... The new aircraft will be introduced into Merseyside/Wirral