COUNTY AIR AMBULANCE TRUST (CAAT) Board of Trustees Annual Report and Consolidated Financial Statements For the year ending 30 September 2019 ANNUAL REPORT of the Trustees 2018/19 CONTENTS INTRODUCTIONS A message from the Chairman, Michael Henriques 1 A snapshot of 2018/19 from the Chief Executive, Robert Bertram 2 TRUSTEES REPORT (incorporating Companies Act 2006 Strategic Report requirements) STRATEGIC REPORT 3 FINANCIAL REVIEW 6 ACHIEVEMENTS AND PERFORMANCE 8 OUR THANKS 13 REFERENCE AND ADMINISTRATION DETAILS 14 STRUCTURE, GOVERNANCE AND MANAGEMENT 15 TRUSTEES’ RESPONSIBILITY STATEMENT 15 STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS 16 FINANCIAL STATEMENTS INDEPENDENT AUDITOR’S REPORT 17 CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDING 18 30 SEPTEMBER2019 CHARITY STATEMENT OF FINANCIAL SERVICES 19 CONSOLIDATED BALANCE SHEET 21 CHARITY BALANCE SHEET 22 CASH FLOW STATEMENT 23 NOTES TO THE CASH FLOW STATEMENT 24 NOTES TO THE FINANCIAL STATEMENT 25 RECONCILIATION OF INCOME AND EXPENDITURE 26 A message from Our Chairman of our Charity. In this, my first full The results of this review and respective action year as Chairman I is now complete and a Special Resolution was am pleased to passed by the Board on the 2 May 2019 welcome you to the adopting updated Articles of Association and 2018/19 Annual Memorandum to ensure that they remain up- Report and Accounts to-date, relevant and all Trustees are now of the County Air bound by these Articles. Ambulance Trust, as I look back with great The Board also now follows a newly defined pride on another protocol and Terms of Reference for the successful year for recruitment of new Trustees and potential the Charity. candidates to make proper assessments, before appointment, of their abilities to make OVERVIEW an effective contribution to the Charity. Despite the challenges of a difficult In my view we now have a governing body environment, downward giving trends and the committed to maintaining a high standard of backdrop of continuing media negativity about governance throughout the Charity to ensure the charity sector, we are pleased to see that that we remain compliant in all material thanks to the amazing support of individuals respects with the ‘Charity Code of and organisations, our income has held up Governance’. well. CONGRATULATIONS The Charity has achieved a strong financial performance which has delivered a 2.51% I wish to congratulate Robert Bentley, one of growth in income. This strong performance our Vice Presidents, and an ambassador for was only possible thanks to the outstanding the Charity on making the Evening Standard’s charitable support we received from our Top 1,000 most influential Londoners again donors, to whom we are hugely grateful. this year. This is recognition of his work for Major Trauma in the Capital and nationally The Trustees’ Strategic Report that follows will and, in particular, the achievement of the chart another ‘best ever year’ which has been King’s College Hospital 24/7 helipad, a first for the trend now over a number of years. London, with significant financial support from the HELP Appeal. During the year we were particularly fortunate to have strengthened our Board by appointing Robert Bertram, our Chief Executive, who the Hon. Arthur Vestey and Toby Askin as continues to lead the organisation with energy Trustees. They bring a broad range of and creative flair, received an invitation to invaluable professional skills, experience and become a fellow member of the Royal Society expertise to the Charity. Anna Turner, Lord of Arts in recognition for his work with hospital Lieutenant of Shropshire, agreed to be helipads across the country. appointed as Honorary Chairman, replacing Sir Algernon Heber-Percy whom we thank for Lesley Knight, who is the face of our HELP his 11 years of loyal service to the charity and Appeal, won her second award this year, being who is now Vice-President. voted ‘Fundraiser of the Year’ by Charity Today magazine. GOVERNANCE We are proud of our past and focused on our In the Trustees’ Strategic Report last year we future. We know there is no time to rest on our confirmed that much preparatory work was laurels as we continue this exciting journey. being undertaken to review and update our So thank you to all who have made the governance arrangements and trustee achievements possible – supporters, staff and, membership in order to drive our focus and of course, my fellow Trustees. direction to meet, where applicable, the seven principles set out in the ‘Charity Code of Governance’ that is central to the core values Michael Henriques Page | 1 A snapshot of 2018/19 from our Chief Executive As we come to the end of We continue to work closely with the Midlands a busy year, I’d like to Air Ambulance Charity (MAAC) and our valued share some of the partnership to deliver advanced care as swiftly highlights with you. as possible has continued with the launch of a One thing is clear the second Critical Care car in the Worcestershire Charity’s HELP Appeal area to treat those suffering life-threatening conceived in 2008/9 has medical conditions and significantly improving achieved some notable their outcomes. milestones in its work and in the past year we NEW DEVELOPMENTS have seen some important new Throughout this year, we have worked hard to developments for the Charity. strengthen our engagement with strategic beneficiaries to help save lives. For example: RECORD YEAR the summer of 2019 marked the start of a ground breaking programme with the British Firstly, it’s always good to let you know where Association for Immediate Care (BASICS). An the money goes. Grants payable to hospitals organisation made up of 900 medical are made in line with our strategic objectives volunteers from doctors, nurses, paramedics and are agreed individually depending upon and others who work on a voluntary basis to when and how much funding is required. provide care across the country 24/7 to support NHS Ambulance Services. Once again, with record levels of income the year has been very successful, so much so BASICS volunteers are lifesavers – it’s as that the HELP Appeal made 35 grant payments simple as that and we presented a donation of totaling £4,821,779, primarily to improve £250,000 which will enable their vehicles to be helipad provision at hospitals across the fit for purpose and is a programme which we country. Since 2012 with just half a dozen have pledged to repeat annually. helipad projects we have now progressed to over 100 projects completed or in the pipeline ACKNOWLEDGEMENT and the number of landings on completed helipad projects has risen to over 12,000 on I’m proud to be working with such a wide those we have funded. range of dedicated caring individuals, from Air Ambulance chief executives through to those GRANT PAYMENTS brilliant and dedicated medical teams at hospitals who value the time saved in having a Overall our non-refundable financial grants helipad in getting patients to them quicker. have long been the underlying theme of the Charity. We believe that life-saving helipads Together we are helping to save more lives at have a special place in the public’s an increasing number of hospitals across the understanding of their need and by adding length and breadth of the e U K. value to the UK’s health economy without cost, in many instances, to the NHS. As an organisation we are particularly served by dedicated staff and by a highly committed We expect that we are going to need more Board of Trustees. I give my personal thanks income over the coming years to meet our to you all. planned commitments and ambitious aspirations in seeing new projects come to Finally, thanks to all our donors for your fruition. support over the year. We cannot do it alone and you play a vital role in allowing our Charity You can read about these in more detail in the to help save lives. Trustees’ Strategic Report on page 3 that follows. Robert Bertram, FRSA Page | 2 STRATEGIC REPORT programme of reporting which provides robust INTRODUCTION data indicators on the impact and outcomes that we help to provide in saving lives. The Trustees are delighted to present their Annual Report together with the consolidated The Trustees review the grant making policy Financial Accounts of the Charity and its and existing activities with the senior trading subsidiary for the year ending 30 management team at quarterly intervals to September 2019. ensure the Charity maintains the overall aims and objectives they have set thereby delivering The report has been prepared to meet the on its public benefit requirement. requirements for a Director’s report and accounts for Companies Act 2006 purposes GOVERNANCE and to comply with fundraising reporting requirements. The Charity applies and follows the Charity Governance Code (for larger charities), issued The Directors of the Charity are its Trustees in July 2017 which sets out the principles and for the purposes of Charity Law and recommended practice for good governance. throughout this report are collectively referred to as the Trustees. The principal governing body is the Board of Trustees, who are volunteers, all of which are Since our inception in the mid-nineties, the unpaid roles, that is responsible for the Trustees have continued to maintain the strategic direction of the Charity. independence of the Charity as this enables them to remain agile and responsive in terms Matters such as policy and strategic plans are of decision making and strategic direction in prepared by senior management for the best interests of our supporters and consideration and approval by the Board. The beneficiaries.