Finance Score: 2

Governance Score: 9

Support Score: 5

Liabilities <10%: +3
Excess reserves: -3
Large legacies income: +1
Reasonable growth: +1

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +5

Overall GiG Score: 16

CORNWALL AIR AMBULANCE TRUST

The charities Objects shall be relieving pain and sickness for the benefit of the public by assisting in the provision of emergency medical services and equipment, in particular the provision of an Air Ambulance Service or other emergency transportation primarily in Cornwall and the Isles of Scilly

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £20,404,193 available, equivalent to 36 months of spending and so may not be able to utilise additional funding

Established: 14 years

www.cornwallairambulancetrust.org

enquiries@cornwallairambulancetrust.org

01637889926

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£11,620	£6,786	£4,835	£1,474	£23,715	£20,404	36.1	46	230
31/12/21		£6,491	£5,442	£1,049	£1,198	£19,367	£16,854	37.2	34	225
31/12/20	*	£8,231	£4,444	£3,786	£1,410	£17,999	£15,441	41.7	39	195
31/12/19		£7,648	£4,725	£2,923	£1,630	£13,971	£11,357	28.8	41	266
31/12/18		£5,663	£4,320	£1,343	£1,792	£10,676	£9,020	25.1	40	223
31/12/17		£4,351	£3,865	£486	£1,668	£9,470	£8,237	25.6	34	0
31/12/16		£4,504	£3,598	£906	£1,612	£8,770	£7,441	24.8	28	0
31/12/15		£4,676	£3,495	£1,181	£1,667	£7,522	£6,112	21	28	0
31/12/14		£3,820	£3,308	£512	£1,454	£6,311	£5,070	18.4	27	0
31/12/13		£3,183	£2,847	£336	£1,144	£5,768	£4,759	20.1	22	0
31/12/12		£3,375	£2,775	£599	£996	£5,120	£4,097	17.7	19	0
31/12/11		£2,981	£2,311	£670	£809	£4,334	£3,814	19.8	14	0
31/12/10		£2,119	£2,107	£12	£630	£3,840	£3,465	19.7	6	0

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Financial Ratios

Fundraising Costs/Relevant Income: 14.5%
Fundraising Costs/Total Spending: 21.7%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 6%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 86%
Reserves/Spending: 36.1 months
Net Current Assets/Spending: 16 months
Quick Ratio: 7.1

Asset Split ?

Listed activities

The Advancement Of Health Or Saving Of Lives

How it operates

Provides services

Where it operates

Cornwall, Isles Of Scilly,

Who it helps

The General Public/Mankind

Who works here?

46 employees
230 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Department of Health	£488,198
Co-Operative Group	£21,011
National Lottery Community Fund	£18,955
Masonic Trust	£2,000

Specific Donations

Amount	When Months	To be used for
Masonic Trust - MCF Matched Funding
£1,000	31/10/2022	Unrestricted matched funding in partnership with the local masonic province
Co-Operative Group - Grant to Cornwall Air Ambulance
£3,639	23/10/2021	We would use the money to train, support and celebrate our 30 Helston volunteers, who are the heart of Cornwall Air Ambulance, helping to save the lives of others across the county.
Co-Operative Group - Grant to Cornwall Air Ambulance
£5,677	23/10/2021	We would extend our flying time from 12 to 19 hours a day, until 2am on 365 days a year, to reach and treat a further 15 seriously injured or ill adults and children on the Isles of Scilly.
Masonic Trust - MCF Matched Funding
£1,000	02/06/2021	Unrestricted matched funding in partnership with the local masonic province
Department of Health - Air Ambulance Capital 21-22 - Cornwall
£488,198	02/04/2021	Part of the Autumn Budget on 29th Oct 2018, the Chancellor announced £10 million capital funding for air ambulance services in England via a competitive grants scheme for Air Ambulance Charities.
Co-Operative Group - Grant to Cornwall Air Ambulance
£5,248	24/10/2020	By extending the flying time from 12 to 19 hours each day, 365 days per year, we will fly more missions, saving more time and more lives.
National Lottery Community Fund - Isolation Pod: Cornwall Air Ambulance
£10,000	07/05/2020 7	This project will allow the group to purchase an 'Isolation Pod' for its aircraft to allow it to transport suspected and confirmed Covid-19 patients by air to specialist intensive care units or ....more This project will allow the group to purchase an 'Isolation Pod' for its aircraft to allow it to transport suspected and confirmed Covid-19 patients by air to specialist intensive care units or nightingale hospitals.
Co-Operative Group - Grant to Cornwall Air Ambulance Trust
£6,448	15/11/2019	We want to purchase a next-generation helicopter to improve the speed and efficiency of our service so we can save more lives.
National Lottery Community Fund - CAAT Spinal Recovery
£8,955	31/05/2019 12	The funding will be used to purchase a spinal scoop stretcher to a new helicopter for the air ambulance service. The project aims to reduce trauma and improve emergency outcomes, especially in rural ....more The funding will be used to purchase a spinal scoop stretcher to a new helicopter for the air ambulance service. The project aims to reduce trauma and improve emergency outcomes, especially in rural areas.
Department of Health - Cornwall Air Ambulance Trust
£550,000	01/04/2019	Air Ambulance Trust Scheme
DCMS - LIBOR Air Ambulances
£837,500	01/04/2019	The grant is a contribution towards the costs of purchasing a new generation air ambulance helicopter to deliver vital pre-hospital emergency services to seriously sick and injured people in Cornwall ....more The grant is a contribution towards the costs of purchasing a new generation air ambulance helicopter to deliver vital pre-hospital emergency services to seriously sick and injured people in Cornwall and the Isles of Scilly.
Masonic Trust - MCF Air Ambulance
£4,000	20/02/2019	Unrestricted funding for air ambulance service
DCMS - Cornwall Air Ambulance Trust 1819
£36,000	01/04/2018	A new development of welfare and pastoral accommodation, including quiet room, overnight accommodation and improved space for Paramedics, Doctors and other Air Crew.
DCMS - LIBOR Air Ambulances 18/19
£162,500	01/04/2018	The grant is a contribution towards the costs of purchasing a new generation air ambulance helicopter to deliver vital pre-hospital emergency services to seriously sick and injured people in Cornwall ....more The grant is a contribution towards the costs of purchasing a new generation air ambulance helicopter to deliver vital pre-hospital emergency services to seriously sick and injured people in Cornwall and the Isles of Scilly.
Masonic Trust - Air Ambulance Grant
£4,000	21/02/2018	Core funding for air ambulances
DCMS - LIBOR Air Ambulances 17/18
£1,000,000	01/12/2017	The grant is a contribution towards the costs of purchasing a new generation air ambulance helicopter to deliver vital pre-hospital emergency services to seriously sick and injured people in Cornwall ....more The grant is a contribution towards the costs of purchasing a new generation air ambulance helicopter to deliver vital pre-hospital emergency services to seriously sick and injured people in Cornwall and the Isles of Scilly.
Masonic Trust - Air Ambulance Grant
£4,000	18/01/2017	Core funding for air ambulances

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Based on 6/7 persons

Age Range of Trustees: 38-71

BENJAMIN MARK Appointed: 2018, Occupation: Company Director, Other trusteeship: FIRST AIR AMBULANCE SERVICE TRUST (FAAST),

DAISY GRIFFITH Appointed: 2019, Occupation: Director, Other trusteeship: FIRST AIR AMBULANCE SERVICE TRUST (FAAST),

DOUGLAS STUART SCOTT Appointed: 2019, Occupation: Director

LAURA ANNE MCKAY Appointed: 2021, Occupation: Trustee, Other trusteeship: FIRST AIR AMBULANCE SERVICE TRUST (FAAST),

NEIL STEWART LENTERN Appointed: 2021, Occupation: Trustee, Other trusteeship: FIRST AIR AMBULANCE SERVICE TRUST (FAAST),

ROBERT RICHARD COWIE Appointed: 2015, Occupation: Chartered Accountant, Other trusteeships: FIRST AIR AMBULANCE SERVICE TRUST (FAAST), TRURO SCHOOL FOUNDATION LIMITED,

THOMAS PAUL REED Appointed: 2023, Occupation: Financial Consultant

Legal constitution

Charitable company registered in England & Wales on 15/12/2009, number: 1133295
Registered at Companies House on 24/11/2009, number: 07085879

Gift Aid

Registered with HMRC for Gift Aid

Event History

24/03/2023 - Asset transfer in from HENRY SURTEES FOUNDATION
26/06/2023 - Asset transfer in from MEADOWLANDS SANCTUARY

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

13 returns made; AR20: 17 days late,

Recent reorganisation events:

Asset transfer in from HENRY SURTEES FOUNDATION on 24/03/2023
Asset transfer in from MEADOWLANDS SANCTUARY on 26/06/2023

Main office

CORNWALL AIR AMBULANCETRUST
TREVITHICK DOWNS
NEWQUAY
CORNWALL
TR8 4DY

Objectives

THE CHARITY’S OBJECTS (THE OBJECTS) SHALL BE TO RELIEVE PAIN AND SICKNESS FORTHE BENEFIT OF THE PUBLIC BY ASSISTING IN THE PROVISION OF EMERGENCY MEDICALSERVICES AND EQUIPMENT IN PARTICULAR THE PROVISION OF AN AIR AMBULANCE SERVICEOR OTHER EMERGENCY TRANSPORTATION PRIMARILY IN CORNWALL AND THE ISLES OF SCILLY.

Defined Area of Benefit:

CORNWALL AND THE ISLES OF SCILLY.

Data Sources