Consolidated financial statements 31 mar 11 by St Andrew's First Aid

ST. ANDREW’S FIRST AID FINANCIAL STATEMENTS 31 MARCH 2011 SC006750

48 Milton Street Glasgow G4 0HR

ST ANDREW’S FIRST AID

CONTENTS

TRUSTEE REPORT STATEMENT OF RESPONSIBILITIES AUDITOR’S REPORT

PAGE

1-8 9 10 - 11

STATEMENT OF FINANCIAL ACTIVITES

BALANCE SHEET

CASHFLOW STATEMENT

NOTES TO THE ACCOUNTS

15 - 23

ST ANDREW’S FIRST AID

TRUSTEES’ REPORT

St Andrew’s First Aid was established to provide the people of Scotland with a First Aid service throughout the country and generally to promote the instruction in and carrying out of works for the relief of suffering of the sick and injured in peace or war. Management St Andrew’s First Aid was founded in 1882, originally to teach First Aid, provide an ambulance service and teach home nursing and hygiene, and is governed by a Royal Charter. The Trustees comprise the Board of the Association and are responsible for the sole and entire management of the Association. Although the Association is required to and does operate in accordance with its Royal Charter, full recognition is taken and given to the laws of the land as decreed in Acts of Parliament. The Board’s role is to oversee the proper management and development of the Association according to its aims and objectives, to ensure that the Association conforms to prevailing legislation and regulation, and to make decisions on the key strategic issues facing the Association. The Board meets four times a year. In addition, a number of committees, accountable to the Board, meet regularly: • • • •

The Finance and General Purposes Committee The Medical and First Aid Committee The Constitutional Affairs Committee The Salaries and Conditions of Service Committee

The CEO and Senior Management Team are responsible for designing policies and procedures to support the strategies authorised by the Board, as well as managing the daily operations of the Association and this is co-ordinated from National Headquarters. The Management Team comprises the Finance Manager, Training Manager, Supplies Manager, Marketing and Communications Manager and Corps Development Manager.

ST ANDREW’S AMBULANCE ASSOCIATION REPRESENTATIVES Professional Advisors are: Principal Bankers The Bank of Scotland 235 Sauchiehall Street Glasgow G2 3EY

Law Agents Burness Solicitors 120 Bothwell Street Glasgow G2 7JL

Auditors Scott- Moncrieff 25 Bothwell Street Glasgow G2 6NL

Stockbrokers Speirs and Jeffrey Limited 36 Renfield Street Glasgow G2 1NA

ST ANDREW’S FIRST AID

TRUSTEES’ REPORT

Trustees of the Association for the period 1 April 2010 to 31 March 2011: Dr A Douglas Bremner TD VRSM QHS DL MBChB DCH DObstRCOG Dr Catherine Johnman MBChB MPH MFPH MFSRH DipFMS Mr Alastair W Deakin CA Mr Derek Ellery (from 16 March 2011) Mr George Watt MBE Mr Ian Campbell (from 16 March 2011) Mr Methven Simpson (from 15 Dec 2010) Mr Robert C S Burns MBE Mr Rudy Crawford MBE BSc (Hons) MB ChB FRCS (Glasg) FCEM Mr Thomas W Donaldson Mrs Jacqui Semple (from 15 Dec 2010) Mrs Joan Forrest DPE MA (Ed) Prof David Hamblen CBE PhD FRC

Trustees who left during the year to 31 March 2011: Prof Sir Michael R Bond MD PhD D.Sc (Leics) D.Univ (Glasg) FRCS (Edin) FRCS (Glasg) FRCPsych DPM FRSE FRSA (15 Dec 2010) Mr Vincent S Bowles BSc (Hons) Dip H&SW Adv Dip Spec Needs in Educ (15 Dec 2010) His Grace The Duke of Buccleuch & Queensberry KBE FRSE DL (15 Dec 2010) Mrs Morven C Fioretti RGN RM BSc (Hons) BA (DN) Dipm BSc (Hons) (15 Dec 2010) Mr Pradip K Datta MS FRCS (Ed Eng Irel & Glasg) (15 Dec 2010) Mr Alasdair B Gillies CStJ BDS FDSFRCPS (Glasg) (15 Dec 2010) Mr Kenneth J Dickie ( 9 June 2010) Mr Allan Harley ( 29 June 2010) Councillor Elaine Aitken (15 Dec 2010) Mr Donald J Beaton (15 Dec 2010) Ms Josephine Berry ( 15 Dec 2010) Ms M Alison Bonney RGN ( 15 Dec 2010) Ms Gabriella Brown (15 Dec 2010) Mr Ralph Campbell (l 15 Dec 2010) Mr Brian E Clarke (from 10 June 2010 to 15 Dec 2010) Mr Reginald R Copland ( 15 Dec 2010) Mr Iain Cuthbertson ( 15 Dec 2010) Mr Alan Hansford (from 30 June 2010 until 15 Dec 2010) Prof Stewart Hillis OBE MB ChB FRCP DipSPM (15 Dec 2010) Mr Ian Holmes (15 Dec 2010) Mr Stephen House QPM ( 15 Dec 2010) Councillor Ken Lyall (15 Dec 2010) Dr Angus J A MacKinnon MB ChB DORCOG (15 Dec 2010) Mr Peter A McDonald (15 Dec 2010) Mr Derek McNaught MBE (15 Dec 2010) Mr Robert Meechan (15 Dec 2010) Mr Joseph O'Malley (15 Dec 2010) Mr Graeme M Prophet (15 Dec 2010) The Rt Hon Lord Provost of Glasgow (15 Dec 2010)

ST ANDREW’S FIRST AID

TRUSTEES’ REPORT

Trustees who left during the year to 31 March 2011cont’d: Mrs Joan Purves (15 Dec 2010) Mr Walter Smith (15 Dec 2010) Mr David R J Strang QPM BSc MSc (15 Dec 2010) Mrs Susan Swan (15 Dec 2010) Mrs Isobel B Sweeney (15 Dec 2010) Mr Ian G Thompson BA MSc MBA (15 Dec 2010) Councillor Martha Wardrop (15 Dec 2010) Mrs Sandra Wilson (15 Dec 2010) Mr Colin Young (15 Dec 2010)

Only one Trustee has been elected since April 2011 – Ms Denise King.

OBJECTIVES AND ACTIVITIES

The objects and purposes of the Association are: 1. The instruction of persons in rendering First Aid in case of accident or sudden illness. 2. To encourage links with other voluntary organisations within the community, so that common cause might usefully be made with such organisations, in appropriate circumstances. 3. To co-operate fully with all sections of the community in the manufacture and distribution, by sales or otherwise, of appropriate appliances and materials so as to ensure an adequate availability of such supplies for the community. 4. To encourage and organise the formation of voluntary personnel into a recognised Corps for the instruction and practice of the principles of First Aid, and to further the objects and purposes of St Andrew’s Ambulance Association. 5. To recognise the attainment of proficiency by the formal issue of certificates or such other awards as may from time to time be instituted by the Association, to persons who have attended classes of the Association and who have thereafter passed an examination approved by the Association. In addition to the first aid training, co-ordination and organisation of the Association’s voluntary work provided at the Association’s National Headquarters, the objectives are also carried out at a local level through 6 Area Executive Committees and some 78 Companies of the St Andrew’s Ambulance Corps. Provision is also made to encourage the involvement of children in suitable activities as members of Cadet Corps Sections or Badger Sets. These objects and purposes are carried out in the following way.

Presidency of the Association His Grace, the Duke of Buccleuch was appointed President of the Association at the Annual General Meeting on 21st October 2009 and remains in situ.

ST ANDREW’S FIRST AID

TRUSTEES’ REPORT

Commercial Activities The past year has been a challenging one for the Supplies Department. The Supplies Department remained open at Milton Street during the refurbishment of the building, amid speculation that it had closed down. This had an adverse effect on the sales for the year. During the year we increased the range of our own branded products for internal use by our Volunteers and for sale to our commercial customers. The online shopping cart went live towards the end of the year and our branded products are on sale there, along with a broad range of First Aid equipment. The shopping cart is available to both our Volunteers and commercial customers and we anticipate that the sales from the online facility will increase through the current year. There has been a great deal of focus on the Volunteer uniform review, with the views of our Volunteers being sought. The result of this is that we have a clear indication of the style and quality our Volunteers want in their uniform. A specification has been given to suppliers and quotes are now ready to be considered by the Medical and First Aid Committee. We anticipate that our Volunteers will be wearing their new uniform during 2012. Long Service Awards and Certificates of Commendation The number of long service awards issued this year was 13. The Corps Support Department awarded 2 long service awards to members of the Corps who have reached 50 years service with St. Andrew’s. Those who received the awards were: William Kay of Waverley Company Gordon Robertson of Eglinton Street B.R. Officers’ Training Course The Officers’ Training Course has been subject to review and we will be re-writing this course so that we can provide a competence based leadership course. It is anticipated that this course will be piloted during 2011/12. Youth Development Group The Youth Development Group has progressed further during this year, with the focus on preparing for the Youth Conference which took place in June 2011. This was the first time that this event has been held and we expect to continue this on a biennial basis. Around 80 of our young members attended the event which was held at Tulliallan Police College. Young First Aider of the Year Competition The Young First Aider of the Year Competition took place on 7th March 2011. Awards were given to the following Volunteers: Members Category (age 17 – 24): Robyn Taylor and Hazel Taylor from Bilston Glen Company; Cadets Category (age 11 – 16): Clair Mather and Shona Chalmers from Bilston Glen Cadets; Badgers Category (under 11’s): Kirsty Baxter and Shannon Wilson from Bilston Glen Badgers. Training The following tables show the spread of classes and candidates throughout the Association.

ST ANDREW'S AMBULANCE ASSOCIATION

TRUSTEES' REPORT No. 1 2 3 4 5 6 7 8 9 10 11 12 13

No. 1 2 3 4 5 6 7 8 9 10 11 12 13

2008/2009 2009/2010 2010/2011 % Totals First Aid at Work Classes Students Classes Students Classes Students Edinburgh, Lothians & Borders EC 327 4258 319 3716 261 3129 24% National Headquarters 208 3517 208 3365 212 2873 22% Accredited Centres 148 1470 144 1388 143 1328 10% Dundee & Angus EC 133 1403 137 1357 136 1277 10% Fife EC 117 1206 110 1060 131 1226 10% Glasgow EC 106 957 103 830 109 928 7% Dumfries & Galloway EC 107 821 84 760 86 783 6% Grampian EC 100 780 74 573 78 557 4% South Lanarkshire EC 51 563 63 728 31 341 3% Central EC 29 287 28 266 17 173 1% Ayrshire EC 14 116 14 105 15 128 1% North Lanarkshire EC 15 133 10 89 5 44 0% Highland EC 9 67 5 50 2 24 0% 15578 1299 14287 1226 12811 Totals 1364 11320 2008/2009 2009/2010 2010/2011 % Totals Classes Students Classes Students Classes Students Glasgow EC 44 475 56 499 58 540 35% Edinburgh, Lothians & Borders EC 34 282 49 286 55 313 21% South Lanarkshire EC 12 142 20 163 26 187 12% Dundee & Angus EC 11 192 11 149 13 121 8% Central EC 6 41 8 64 13 87 6% Ayrshire EC 20 182 25 101 17 70 5% Fife EC 11 83 12 116 17 64 4% North Lanarkshire EC 5 49 9 46 9 42 3% Grampian EC 5 35 7 53 5 37 2% Dumfries & Galloway EC 2 13 2 20 2 33 2% Highland EC 5 45 3 23 6 18 1% Accredited Centres 9 103 4 40 1 14 1% National Headquarters 0 0 0 0 0 0 0% 164 1642 206 1560 222 1526 Totals Standard

1642 2008/2009 2009/2010 2010/2011 % Totals Classes Students Classes Students Classes Students Glasgow EC 98 907 122 1103 119 1013 23% Edinburgh, Lothians & Borders EC 170 1538 104 954 107 974 22% Dundee & Angus EC 45 482 41 447 49 540 12% National Headquarters 53 401 35 230 48 340 8% South Lanarkshire EC 37 274 35 327 35 309 7% Fife EC 54 438 37 331 36 243 6% Accredited Centres 36 314 28 268 22 199 5% Ayrshire EC 33 198 31 226 29 197 4% Central EC 20 256 21 180 16 171 4% Grampian EC 29 164 29 207 22 162 4% Dumfries & Galloway EC 20 143 18 166 13 98 2% North Lanarkshire EC 12 62 12 71 13 97 2% Highland EC 10 71 4 24 19 49 1% 617 5248 517 4534 528 4392 Totals Other

Courses include: HSE Approved 'First Aid at Work' 4-Day Release HSE Approved 'First Aid at Work' 3-Day Release HSE Approved 'First Aid at Work' - Week HSE Approved 'First Aid at Work' 4-Day Block HSE Approved 'First Aid at Work' Refresher 2-Day Release HSE Approved 'First Aid at Work' Refresher 2-Day Block HSE Approved 'Emergency First Aid at Work' Basic Skills Update Emergency Aid for Appointed Persons Emergency First Aid

Courses include: Standard First Aid (Corps) Standard First Aid Requalification (Corps) Standard First Aid (Commercial & Public) Standard First Aid Trainer

Courses include: CPR Junior First Aid - Level 1 (Badgers) Junior First Aid - Level 1 (Commercial & Public) Junior First Aid - Level 2 (Cadets) Junior First Aid - Level 2 (Commercial & Public) Anaphylaxis Awareness (Corps) Anaphylaxis Awareness (Commercial & Public) Anaphylaxis Awareness Trainer Workshop Using an AED (Corps) Using an AED (Commercial & Public) AED Trainer Sports Injuries First Aid (Corps) Sports Injuries First Aid (Commercial & Public) Sports Injuries First Aid Trainer Workshop Baby and Child First Aid (Corps) Baby and Child First Aid (Commercial & Public) Baby and Child First Aid Trainer's Workshop Student Workbook Trainer's Workshop Moving & Handling - Principles (Corps) Moving & Handling - Principles (Commercial & Public)

2010/2011 2008/2009 2009/2010 % Totals Classes Students Classes Students Classes Students 1 Edinburgh, Lothians & Borders EC 531 6078 472 4956 423 4416 24% 2 National Headquarters 261 3918 243 3595 260 3213 17% 3 Glasgow EC 248 2339 281 2432 286 2481 13% 4 Dundee & Angus EC 189 2077 189 1953 198 1938 10% 5 Accredited Centres 193 1887 176 1696 166 1541 8% 6 Fife EC 182 1727 159 1507 184 1533 8% 7 Dumfries & Galloway EC 129 977 104 946 101 914 5% 8 South Lanarkshire EC 100 979 118 1218 92 837 4% 9 Grampian EC 134 979 110 833 105 756 4% 10 Central EC 55 584 57 510 46 431 2% 11 Ayrshire EC 67 496 70 432 61 395 2% 12 North Lanarkshire EC 32 244 31 206 27 183 1% 13 Highland EC 24 183 12 97 27 91 0% 22468 2022 20381 1976 18729 Totals 2145 #REF! #REF! 2145 22468 Notes: 1. Rankings sorted according to 2010/2011 Students figures. 2. Totals table is the result of all other tables added together. 3. Percentages rounded to zero decimal places. 4. Percentages calculated as number of students/total number of students for each category. No.

Totals

Moving & Handling - People (Corps) Moving & Handling - People (Commercial & Public) Moving & Handling - Casualties (Corps) Moving & Handling - Casualties (Commercial & Public) Moving & Handling Trainer/Assessor First Aid Trainer/Assessor Award

ST ANDREW’S FIRST AID TRUSTEES’ REPORT

Training cont’d During the year we had to decant some of our training facilities to alternative premises due to the refurbishment of the National Headquarters building at Milton Street. This process went fairly smoothly and we were delighted to welcome our students into the newly built training pods at Milton Street in January this year. We now have the flexibility to have one large training room or three smaller rooms, along with the refurbished lecture hall. This will enable us to accommodate an increase in classes in the future. It has been another difficult year in terms of training revenue and we have been aware for some time that we need to address our commercial activities. This being the case, we plan to separate our commercial activities from those of our charitable activities in the year from April 2012, to enable us to maximise the potential in the commercial markets and to actively pursue opportunities that are not currently being exploited. As part of this process we have recruited a further six full time trainers who will operate throughout the country and we are in the process of centralising our training administration to improve performance and gain better management information via streamlined processes. Planned Future Activity Future development of the Association will include the following: • • • • • • • • • •

The centralisation of training administration, The centralisation of the finance functions, The development of a strategy for the training division, The continued implementation of the IT Strategy, Development of the website to combine the training and supplies systems into one shopping basket, An increase in fundraising following on from the Fundraising Strategy, Development of a youth brand and youth workbook to ensure all young members are following a similar programme at St Andrew’s, Development of a Valuing Volunteers strategy – particularly an annual event where several awards are presented across varying categories, Development of a national awareness campaign, Automated Customer Relationship Management (CRM) campaigns to link to re-qualification dates.

Trustee Recruitment and Training The Association’s Trustees must ensure that the charity is administered effectively and is able to account for its activities and outcomes, both to the Office of the Scottish Charity Regulator and to the public. The Trustees recognise the best practice recommendations set down by the Charity Regulator. During the year, the Trustees completed the process of modernising the Association’s Royal Charter, which brought the composition and powers of the Board of Trustees into line with current Charity Law and best practice. The number of Trustees on the Board has now been reduced to a maximum of 18. The Trustees are selected according to their skills and knowledge and we are in the process of recruiting further Trustees to ensure that the Board is made up of complementary skill sets, such as finance, marketing, business and medical. There are six places available on the Board for representatives from each of the Area Executive Committees.

ST ANDREW’S FIRST AID

TRUSTEES’ REPORT

Strategy The number of Area Executive Committees reduced from 11 to 6 on 1st April 2011. The accounting function has been centralised at NHQ, which has released resources at local level. From the end of June 2011, the administration of training courses was also centralised at NHQ, and a full time team of trainers was recruited to enable us to cover parts of the country where we have been unable to deliver training to in the past. This should ensure a more professional service to our First Aid training customers. A review of our commercial activities has been commissioned by the Board, to ascertain what our strengths and weaknesses are and to advise us of the best way of going forward with the planned Commercial Subsidiary. During the first few months of the financial year to March 2012, we shall be re-organising the Volunteer support area of St Andrew’s. Part of this entailed the Regional Office Managers having a change in job, becoming Corps Development Officers with a focus on developing the Volunteers in their areas and ensuring that we continue to deliver a first class service to those who rely on St Andrew’s to cover their events.

Financial Review The Charities Accounts (Scotland) Regulations 2006 require the Association to prepare financial accounts incorporating income, expenditure, assets and liabilities relating to all facets of the charity. The accounts of the Association show an operational deficit for the year of £249,992 (2010: £68,199 deficit) after adjusting for realised gains on investment disposals of £9,019 (2010: £78,643 gain). The operational deficit is further adjusted by unrealised gains on investments of £89,579 (2010: £370,824 gain) which results in a net deficit transfer to reserves of £160,413 (2010: £302,625 gain).

Significant Financial Activities The renovation of National Headquarters at 48 Milton Street commenced in July 2010 and the staff were decanted to the Pentagon Centre in Washington Street for five months. The work was completed at the end of November and we moved back in to Milton Street in early December 2010. The total spend on the building was £1,098,514 with a few minor pieces such as the upgrade of the electrical board still to be finished during the next few months. The building was officially opened by HRH The Princess Royal in January 2011. The Modernisation Fund was put to use when we brought consultants in for various projects, such as our IT Strategy, the revision of the Royal Charter and the job evaluation scheme. It was also utilised to implement various IT improvements throughout the Association. The amount of £29,627 was used from the fund during the year.

ST ANDREW’S FIRST AID

TRUSTEES’ REPORT

Reserves Policy The Association has carried out an assessment of the resources required to ensure continuity of our charitable operations. It has been concluded that a general reserve requirement of at least twelve (12) months operating expenditure would be appropriate. This equates to a requirement for other charitable funds of approximately £2,264,866. As at 31 March 2011 other charitable funds totalled £5,154,621. Investment Policy The policy of the Association is to seek a balance between income and capital appreciation, subject to a medium degree of risk. Major Risks A risk register is held which shows the major business and operational risks which could arise. These are attended to whenever necessary and are regularly examined in order to establish systems and to enable regular reports to be produced so that all necessary steps can be taken to reduce these risks. As part of the recruitment process all applicants, voluntary or employees, are required to provide a satisfactory Disclosure Certificate. Under the requirements of Protection of Children Scotland Act 2003 and Care of Vulnerable Adults Act, all Volunteers are required to provide an Enhanced Disclosure Certificate. All potential Members are also required to complete a Corps Application Form and a Declaration of Convictions form. The Corps Support Department carries out Risk Assessments where required and checks the qualifications and suitability of potential Members. Connected Bodies Whilst the Association has understandable links with the British Red Cross Society and the St John Ambulance, it is not connected either directly or indirectly with any other organisation. Auditors Scott-Moncrieff were appointed as the charitable Association’s auditors during the year and a resolution for their re-appointment will be put to the Annual General Meeting.

Mr Rudy Crawford MBE BSc (Hons) MB ChB FRCS (Glasg) FCEM Chairman of the Board of Trustees

Mr Alastair Deakin C.A. Vice Chairman of the Board of Trustees

Dated :

Dated:

ST ANDREWâ&#x20AC;&#x2122;S FIRST AID

STATEMENT OF RESPONSIBILITIES

STATEMENT OF RESPONSIBILITIES OF THE MEMBERS OF THE BOARD IN RESPECT OF THE ACCOUNTS The Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 require the Members of the Board to submit accounts for each year which are properly prepared and give a true and fair view of the state of affairs of the Association and of its results for that period. In preparing these accounts, the Members of the Board are required to: 1. select suitable accounting policies and then apply them consistently 2. make judgements and estimates that are responsible and prudent 3. prepare the accounts on the going concern basis The above noted legislation also requires the Members of the Board to be responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the Association and to enable them to ensure that the accounts comply with the legislation. They are responsible for safeguarding the assets of the Association and hence for taking steps for the prevention of fraud and other irregularities.

ST ANDREW’S FIRST AID

AUDITOR’S REPORT

Independent Auditors’ Report to the Trustees For the year ended 31 March 2011 We have audited the financial statements of St Andrew’s First Aid for the year ended 31 March 2011 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement and related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice ). This report is made solely to the charity’s trustees, as a body, in accordance with section 44 (1) (c) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 10 of the Charities Accounts (Scotland) Regulations 2006 (as amended). Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for our audit work, for this report, or for the opinions we have formed. Respective responsibilities of trustees and auditors As explained more fully in the Statement of trustees’ responsibilities set out on page 8, the trustees are responsible for the preparation of the financial statements which give a true and fair view. We have been appointed as auditors under section 44 (1) (c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with regulations made under that Act. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (United Kingdom and Ireland). Those standards require us to comply with the Auditing Practices Board’s (APB’s) Ethical Standards for Auditors , including “APB Ethical Standard – Provisions Available for Smaller Entities (Revised)”, in the circumstances set out in note xx to the financial statements. Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the charity’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; and the overall presentation of the financial statements. Opinion on financial statements In our opinion the financial statements: • give a true and fair view of the state of the charity’s affairs as at 31 March 2011 and of its incoming resources and application of resources, including its income and expenditure, for the year [period] then ended; • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and • have been prepared in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended).

ST ANDREW’S FIRST AID

AUDITOR’S REPORT

Matters on which we are required to report by exception We have nothing to report in respect of the following matters where the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion: • the information given in the trustees’ annual report is inconsistent in any material respect with the financial statements; or • proper accounting records have not been kept; or • the financial statements are not in agreement with the accounting records and returns; or • we have not received all the information and explanations we require for our audit.

Iain D Lee, Senior Statutory Auditor For and on behalf of Scott-Moncrieff, Statutory Auditor Chartered Accountants Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 25 Bothwell Street Glasgow G2 6NL

2011

ST ANDREW'S FIRST AID STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2011

Note

Incoming Resources Incoming resources from generated funds: Donations & Legacies Activities for generating funds: Fundraising Investment income 6 Total Incoming resources from generating funds: Activities in furtherance of charity objectives: Class Fees 3 Stores 4 Corps Support 5 Incoming resources from charitable activities Other income

General Fund 2011 £

Unrestricted Property Maintenance Reserve 2011 £

Restricted Modernisation Fund 2011 £

Capital Fund 2011 £

Donation 2011 £

Revaluation Reserve 2011 £

Total Funds 2011 £

Total Funds 2010 £

32,449

11,500

43,949

69,901

8,597 84,181

43,117 122,579

125,227

11,500

136,727

235,597

1,360,203 67,749 393,874 1,821,826

1,314,287 70,607 459,461 1,844,355

47,302

41,564

1,994,355

11,500

2,005,855

2,121,516

1,028,190 207,994 801,780 2,037,964 195,375

9,876 9,875 9,876 29,627 -

633 633 634 1,900 -

1,038,699 218,502 812,290 2,069,491 195,375

1,045,250 187,571 778,113 2,010,934 257,424

2,233,339

29,627

1,900

2,264,866

2,268,358

(29,627)

(1,900)

11,500

(259,011)

(146,842)

1,107,314

(1,098,514)

(8,800)

Net income/expenditure before revaluation and investment asset disposals

868,330

(1,098,514)

(29,627)

(1,900)

11,500

(8,800)

(259,011)

(146,842)

Gain/loss on revaluations and disposals of investment assets

98,598

449,467

966,928

(1,098,514)

(29,627)

(1,900)

11,500

(8,800)

(160,413)

302,625

Total incoming resources

Resources expended: Charitable activities: Class expenses Stores Expenses Corps Support Governance costs Total resources expended Net incoming/(outgoing) resources before transfers Gross transfers G t f between funds

Net movement in funds

3 4 5 10 8

(238,984)

Funds balance brought forward as at 1 April 2010

4,187,693

1,181,691

100,457

76,845

395,190

5,941,876

5,639,251

Funds balance carried forward as at 31 March 2011

5,154,621

83,177

70,830

74,945

11,500

386,390

5,781,463

5,941,876

None of the Association's activities were acquired or discontinued during the above two financial years. The notes on pages 15 to 23 form part of these financial statements.

ST ANDREW'S FIRST AID BALANCE SHEET AS AT 31 MARCH 2011

Notes

2011

2010

ASSETS Fixed Assets

1,737,741

767,430

12 13 14

2,200,439 50,290 375,781 1,770,275

3,013,346 38,695 300,235 2,082,550

4,396,785

5,434,826

CURRENT ASSETS

Investments Stock on hand for sale Debtors Bank balances

CREDITORS: Amounts falling due within one year Creditors

(353,063)

(260,380)

NET CURRENT ASSETS

4,043,722

5,174,446

NET ASSETS

5,781,463

5,941,876

5,154,621 11,500 83,177 70,830 74,945 386,390

4,187,693 1,181,691 100,457 76,845 395,190

5,781,463

5,941,876

REPRESENTED BY:

General Fund Restricted Donation Property Maintenance Reserve Modernisation Fund Reserve Capital Fund Revaluation Reserve

16 16 16 16 16 16

The accounts were approved and authorised for issue by the Board of Trustees and signed on its behalf by:

Mr Rudy Crawford MBE BSc (Hons) MB ChB FRCS (Glasg) FCEM Chairman of the Board of Trustees

Mr Alastair Deakin C. A. Vice Chairman of the Board of Trustees The notes on pages 15 to 23 form part of these financial statements.

Dated:

ST ANDREW'S FIRST AID CASHFLOW FOR THE YEAR ENDED 31 MARCH 2011

Notes

NET CASH OUTFLOW FROM OPERATING ACTIVITIES

RETURNS ON INVESTMENTS Interest and dividends received NET CASH OUTFLOW AFTER RETURNS ON INVESTMENTS INVESTING ACTIVITIES Purchase of tangible fixed assets Purchase of investments Sale of investments

NET CASH (OUTFLOW)/INFLOW FROM INVESTING ACTIVITIES (DECREASE)/INCREASE IN CASH Q AND CASH EQUIVALENTS

The notes on pages 15 to 23 form part of these financial statements.

2011 £

2010 £

(100,146)

(149,855)

84,181

122,579

(15,965)

(27,276)

(1,207,814) (391,788) 1,303,292

(92,991) (1,104,900) 786,298

(296,310)

(411,593)

((312,275) , )

((438,869) , )

ST ANDREW’S FIRST AID

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011

1 ACCOUNTING POLICIES Basis of Accounting The accounts have been prepared under the historical cost convention as modified by the revaluation of heritable properties and the restatement of current asset investments at market value, and are in accordance with applicable accounting standards in the United Kingdom, the Statement of Recommended Practice – Accounting and Reporting by Charities (SORP 2005); the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.

Tangible Fixed Assets The movement in fixed assets is set out in Note 11. Depreciation is provided to write off the cost or valuation of the fixed assets over their expected useful lives. The annual rates used for this purpose are as follows: Heritable Property Leasehold Property Leasehold Improvements Computer Equipment Motor Vehicles & Caravans Plant & Equipment

2% per annum straight line on residual amount Over length of lease 10% per annum straight line on cost 33.3% per annum straight line on cost 10 – 25% per annum reducing balance on cost 10 – 20% per annum straight line on cost

All receipts of fixed assets by way of gift, or financed by specific donations, are capitalised and included in the Balance Sheet. The market value of the gifted asset, or the donation received, is credited as income to the Donated Assets Fund. This Fund is reduced over the useful life of the donated assets by charging depreciation in accordance with the fixed asset accounting policy. Fixed assets acquired by Corps Companies are fully depreciated in the year of acquisition. Investments Investments are stated in the accounts at market value and income from investments is accounted for in the Statement of Financial Activities on the date on which it is receivable. Gains and losses are recognised in the year in which they arise. All investments held by the Association are listed in the United Kingdom.

Stocks The stock valuation method is First In First Out (FIFO). Allowance is made for obsolescence.

Donations, Legacies and Similar Incoming Resources Donations received in respect of expenditure charged to the Statement of Financial Activities during the year have been included in income. The remainder are deferred and included in income as and when the expenditure is incurred.

Grants Receivable and Local Authority Fees Grants receivable are credited to the Statement of Financial Activities in the year for which they are received.

ST ANDREW’S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011

Expenditure Apportioning Support expenditure which is common to more than one activity has been apportioned on the basis of note 9. Resources Expended Expenditure is recognised when a liability is incurred. • • • •

Costs of generating funds are those costs incurred in attracting voluntary income and in trading activities that raise funds. Charitable activities include expenditure associated with the provision of first aid cover, first aid training and the supply of first aid consumables. Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

Fund Accounting • • •

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Capital (restricted) funds are subject to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Governance Costs Management costs relate to costs incurred in the management of the Association. Legal costs are directly related to work carried out by the Association’s Solicitor during the year and Employment Law Specialist’s fees, along with various consultancy fees.

Contribution to Pension Funds The Association operates a defined contribution pension scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme. At 31st March 2011 there was an accrual of £4,100 (2010: £4,361).

Internal Transactions All internal transactions have been removed from the accounts. The amounts shown do not include transactions between Executive Committees, Corps Companies and National Headquarters.

2 TAXATION

The Association employs the Standard Method of accounting for VAT.

ST ANDREW'S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011

CLASS FEES Class Income Expenditure: Class Fees Support Costs

note

Total class expenditure Net profit for year

STORES Sales Expenditure: Purchases Support Costs

350,794 694,456

1,038,699

1,045,250

321,504

269,037

2010 £ 70,607 123,810 63,761

Total stores expenditure

218,502

187,571

Net loss for year

150,753

116,964

CORPS SUPPORT

2011 £ 77,413 316,461

2010 £ 119,873 339,588

393,874

459,461

238,160 574,130

257,702 520,411

Total corps support costs

812,290

778,113

Net loss for year

418,416

318,652

INTEREST AND DIVIDENDS RECEIVED

Dividends Interest

OTHER INCOME Royalties Received Miscellaneous Income

261,663 777,036

147,462 71,040

Expenditure: Duty Expenses Support Costs

2010 £ 1,314,287

2011 £ 67,749

Football Duties Public Duties

2011 £ 1,360,203

GOVERNANCE COSTS

Audit and Accountancy fees Legal and Professional Fees Management costs

2011 £

2010 £

58,233 25,948

91,213 31,366

84,181

122,579

2011 £ 610 46,692

2010 £ 541 41,023

47,302

41,564

2011

2010

£ 23,134 72,588 99,653

£ 30,594 135,048 91,782

195,375

257,424

ST ANDREW'S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011

ANALYSIS OF SUPPORT COSTS BY ACTIVITY proportionately applied Support Cost

Staff Costs Travel Expenses Miscellaneous Expenses Postage & Stationery Telephone & Fax Advertising Rent & Rates Heat & Light Repairs & Maintenance Cleaning Insurance Youth Development Fund Charges Depreciation

Training

Stores

Public Duties

Total

Training

Stores

Public Duties

Total

2011 £

2010 £

376,784 8,646 17,927 22,002 6,862 41,302 31,294 21,239 38,721 20 032 20,032 27,092 3,579 161,556

39,662 910 1,281 2,317 722 4,347 2,235 1,517 2,766 1 431 1,431 1,935 377 11,540

376,784 8,646 6,400 22,002 6,862 41,302 11,176 7,585 13,828 7 153 7,153 9,676 1,438 3,579 57,699

793,230 18,202 25,608 46,321 14,446 86,951 44,705 30,341 55,315 28 616 28,616 38,703 1,438 7,535 230,795

330,186 6,480 15,775 23,385 6,748 47,380 27,038 22,946 67,859 21 847 21,847 29,055 4,274 91,483

34,757 682 1,127 2,461 710 4,988 1,931 1,639 4,847 1 560 1,560 2,075 450 6,534

330,186 6,480 5,634 23,385 6,748 47,380 9,656 8,195 24,235 7 803 7,803 10,377 3,385 4,273 32,674

695,129 13,642 22,536 49,231 14,206 99,748 38,625 32,780 96,941 31 210 31,210 41,507 3,385 8,997 130,691

777,036

71,040

574,130

1,422,206

694,456

63,761

520,411

1,278,628

(From note 1) Stores Administration Costs Accomodation Costs Youth Development

Training 5% 5% 0%

47.5% 70% 0%

Public Duties Notes 47.5% 25% 100%

1 2 3

Note 1 1 2 1 1 1 2 2 2 2 2 3 1 2

ST ANDREW'S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011

ANALYSIS OF EXPENDITURE BY ACTIVITY Directly applied Note

Stock Purchased Class Fees Equipment Duty Expenses Honoraria Donations Miscellaneous Expenses Support Costs

Training

Stores

Public Duties

Total

Training

Stores

Public Duties

Total

2011 £

2010 £

261,663 777,036

147,462 71,040

3,876 192,323 4,149 3,557 34,255 574,130

147,462 261,663 3,876 192,323 4,149 3,557 34,255 1,422,206

350,794 694,456

123,810 63,761

4,438 210,436 4,850 3,753 34,225 520,411

123,810 350,794 4,438 210,436 4,850 3,753 34,225 1,278,628

1,038,699

218,502

812,290

2,069,491

1,045,250

187,571

778,113

2,010,934

ST ANDREW'S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011 11

FIXED ASSETS Heritable Property £

Leasehold Property £

Improvements

Motor Vehicles £

Equipment

Total

Computer Equipment £

Cost or Valuation As at 1 April 2010 Additions Disposals

474,610 -

400,000 -

207,101 1,037,399 77,176

106,498 69,402 45,426

120,596 27,860 -

251,751 73,153 93,504

As at 31 March 2011

474,610

400,000

1,167,324

130,474

148,456

231,400

2,552,264

Depreciation As at 1 April 2010 Charge for Year Eliminated on Disposal

(132,256) (9,493) -

(109,210) (5,200) -

(141,634) (113,114) 75,139

(84,788) (38,395) 45,035

(118,548) (28,372) -

(206,690) (36,218) 89,221

(793,126) (230,792) 209,395

As at 31 March 2011

(141,749)

(114,410)

(179,609)

(78,148)

(146,920)

(153,687)

(814,523)

Net Book Value As at 31 March 2011 As at 31 March 2010

332,861 342,354

285,590 290,790

987,715 65,467

52,326 21,710

1,536 2,048

77,713 45,061

1,737,741 767,430

1,560,556 1,207,814 216,106

ST ANDREW'S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011

INVESTMENTS Listed investments are stated in the accounts at market value as follows.

Market Value as at 1 April 2010 Additions at cost Disposals at market value Change in unrealised gains Market Value as at 31 March 2011

Unrestricted General Fund 2011 £

Total Funds 2011 £

3,013,346 391,788 (1,294,273) 2,110,861 89,578 2,200,439

All investments held by the Association are listed in the United Kingdom.

STORES Stores supplies

2010 £

50,290

38,695

2011 £

2010 £

299,501 76,280

218,529 81,706

375,781

300,235

2011 £

2010 £

DEBTORS

Trade Debtors Other debtors and prepayments

2011 £

CREDITORS (falling due within one year)

Trade Creditors PAYE & NI V.A.T. Accrued Charges and deferred income

83,235 21,548 56,135 192,145

59,165 21,522 35,751 143,942

353,063

260,380

ST ANDREW'S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011

RESERVES Unrestricted General Fund 2011 £ Funds balance brought forward as at 1 April 2010

4,187,693

Net Movement in funds in year

966,928

Funds balance carried forward as at 31 March 2011

5,154,621

Unrestricted Property Maintenance Reserve 2011 £

Unrestricted

Restricted

Modernisation Fund 2011 £

Capital Fund 2011 £

Donation 2011 £

Revaluation Reserve 2011 £

1,181,691

100,457

76,845

(1,098,514)

(29,627)

(1,900)

11,500

70,830

74,945

11,500

83,177

395,190 (8,800)

386,390

The unrestricted General Funds are expendable at the discretion of the Trustees in furtherance of the objects of St Andrew's First Aid. The Restricted Capital Fund represents the proportion of the net book value of the asset funded by a lottery grant. Each year an amount is expended from the fund, representing the movement in the net book value of the restricted asset in the year. The Modernisation Fund is a designated fund for the purpose of upgrading systems and processes within the Association. The Property Maintenance Reserve is a designated fund for the purposes of upgrading and maintaining the National Headquarters Building at 48 Milton Street, Glasgow G4 0HR. The movement on the revaluation reserve represents the release of depreciation charged for the year on the revalued assets.

RECONCILIATION OF NET INCOME BEFORE SALE OF ASSETS TO NET CASH FROM OPERATING ACTIVITIES

Net income before sale of investments Loss on sale of fixed asset allocated to operating expenses Donated asset allocated to donations received Depreciation charges (Increase)/Decrease on stores (Increase)/Decrease in debtors Increase/(Decrease) in creditors Interest and dividends received

2011 £

2010 £

(259,011) (259 011) 6,709 230,795 (11,595) (75,546) 92,683 (84,181)

(146,842) (146 842) 66 (353) 130,691 23,672 10,287 (44,797) (122,579)

(100,146)

(149,855)

ANALYSIS OF MOVEMENT IN CASH AND CASH EQUIVALENTS

Cash at bank and in hand

2011 £

2010 £

Change in year £

1,770,275

2,082,550

(312,275)

Total Funds 2011 £ 5,941,876 (160,413)

5,781,463

ST ANDREW'S FIRST AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2011 19

CONTINGENT LIABILITY During the year ending 31 March 2001, the Association received £95,000 grant funding from the National Lottery Charity Board. This grant is subject to conditions which if breached would require the grant to be repaid in part or in full. The main condition being that the Association cannot sell the asset in question for a period of at least 80 years.

STAFF COSTS

Wages and Salaries Social Security Costs Pension Costs Life Assurance Temporary Staff

2011 £ 662,490 59,178 53,208 15,925 2,429

2010 £ 549,976 50,069 55,173 21,998 17,915

793,230

695,131

The average number of staff employed by the Association during the financial year was 31 (2009: 31). There are no employees with emoluments above £60,000.

Analysis of Net Assets Between Funds

General Unrestricted

Modernisation Property Fund Maintenance Capital Fund Fund £ £ £

Revaluation Reserve

Donation

Total

1,737,741 4,396,785 ((353,063) , ) 5,781,463

Fixed Assets Current Assets Current Liabilities

1,276,406 4,231,278 ((353,063) , )

70,830 -

83,177 -

74,945 -

11,500 -

386,390 -

Net Assets

5,154,621

70,830

83,177

74,945

11,500

386,390

PAYMENTS MADE TO ASSOCIATION TRUSTEES DURING THE YEAR TO 31 MARCH 2011

Trustee Beaton Donald Bremner Douglas Brown Gabi Copland Reginald Crawford Rudy Cuthbertson Ian Donaldson Thomas Fioretti Morven Harley Alan Hansford A Holmes I McNaught Derek Prophet Graeme Wilson Sandra Totals

Training Fees £ 97 9,058 1,114 55 2,809 292 1,432 76 393 306 3,794 19,426

Travel Expenses Honoraria £ £ 118 36 399 695 3,152 132 127 150 4,809

General Expenses £

Total Paid £

14 14 321 -

229 36 9,457 1,809 3,152 55 2,809 146 292 1,432 76 520 777 3,794

349

24,584