LONDON'S AIR AMBULANCE LIMITED

Charity number: 801013
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The relief of sickness and physical injury by the provision of emergency medical services and equipment and in particular by the provision of a helicopter ambulance service or other emergency transport. The provision of training, research and education in the field of pre-hospital medicine for the treatment and/or prevention of sickness and physical injury.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£24,077,000

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Donations and legacies £17.17m
Charitable activities £555.00k
Other trading activities £5.77m
Investments £580.00k
Other £0

Total expenditure:
£16,781,000

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Raising funds £9.74m
Charitable activities £7.04m
Other £0

£0 investments gains (losses)

Total income includes £375,000 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £9.74m
Charitable expenditure £7.04m
Retained for future use £7.30m

People

85 Employee(s)

10 Trustee(s)

130 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 7
£70k to £80k 4
£80k to £90k 4
£90k to £100k 4
£100k to £110k 2
£130k to £140k 1
£200k to £250k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Services
Where the charity operates:
  • Throughout London

Governance

Registration history:
  • 16 March 1989: Standard registration
  • 24 March 2023: Funds received from 1137388 HENRY SURTEES FOUNDATION
  • 01 June 2023: Funds received from 1080300 THE JANE GIBSON CHARITABLE TRUST FUND
  • 13 March 2024: Funds received from 1082682 SANDERSTEAD (E) TOWNSWOMEN'S GUILD
Organisation type:
Charitable company
Other names:
  • EXPRESS NEWSPAPERS H E M S LIMITED (Previous name)
  • LONDON'S AIR AMBULANCE LIMITED (Previous name)
  • VIRGIN H.E.M.S. (LONDON) LIMITED (Previous name)
Company number:
02337239 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Rita Chadha Trustee 02 May 2022
STREET STORAGE
Received: On time
LONDON EMERGENCIES TRUST
Received: On time
Gordon Pitman Trustee 02 May 2022
None on record
Bianca Gill Trustee 02 May 2022
None on record
Nick Goodwyn Trustee 02 May 2022
None on record
Sheri Adigun Trustee 02 May 2022
None on record
Brig Tim Hodgetts Trustee 25 March 2020
None on record
Gemma Sherrington Trustee 25 March 2020
None on record
James Thomas Trustee 25 March 2020
None on record
Professor Margot Gosney Trustee 25 March 2020
None on record
Robert Gordon Neil Stewart Forsyth Trustee 15 February 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £13.61m £14.13m £12.48m £16.10m £24.08m
Total expenditure £10.53m £9.24m £13.02m £14.90m £16.78m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £67.72k £486.94k £17.33k N/A £375.00k
Income - Donations and legacies £5.85m £7.44m £5.99m £8.37m £17.17m
Income - Other trading activities £6.85m £5.98m £5.89m £7.09m £5.77m
Income - Charitable activities £862.26k £601.08k £555.00k £540.00k £555.00k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £46.20k £36.22k £28.95k £107.00k £580.00k
Income - Other £0 £72.70k £17.33k £0 £0
Income - Legacies £432.69k £1.08m £227.71k £647.90k £1.56m
Expenditure - Charitable activities £4.93m £4.78m £6.85m £6.81m £7.04m
Expenditure - Raising funds £5.60m £4.46m £6.17m £8.08m £9.74m
Expenditure - Governance £53.90k £69.51k £95.09k £125.00k £102.00k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £2.76m £2.49m £2.02m £4.81m £4.64m
Long-term investments £1.93k £2.12k £2.88k £3.00k £3.00k
Other assets £13.26m £18.75m £19.74m £18.22m £25.25m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.21m £1.53m £2.60m £2.51m £2.25m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 04 December 2024 On Time
Accounts and TAR 31 March 2024 04 December 2024 On Time Download Open in new window
Annual return 31 March 2023 11 December 2023 On Time
Accounts and TAR 31 March 2023 11 December 2023 On Time Download Open in new window
Annual return 31 March 2022 25 October 2022 On Time
Accounts and TAR 31 March 2022 25 October 2022 On Time Download Open in new window
Annual return 31 March 2021 30 November 2021 On Time
Accounts and TAR 31 March 2021 30 November 2021 On Time Download Open in new window
Annual return 31 March 2020 02 December 2020 On Time
Accounts and TAR 31 March 2020 02 December 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 06 DEC 1993 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15 APR 1997 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18 JUN 2006 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 20 AUG 2012 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 26 JAN 2016 as amended on 11 Jan 2022

Charitable objects

1.THE RELIEF OF SICKNESS OR PHYSICAL INJURY BY THE PROVISION OF EMERGENCY MEDICAL SERVICES AND EQUIPMENT AND IN PARTICULAR BY THE PROVISION OF A HELICOPTER AMBULANCE SERVICE OR OTHER EMERGENCY TRANSPORTATION UNDER THE AUSPICES OF THE LONDON AMBULANCE SERVICE FOR THE PUBLIC BENEFIT 2.THE PROVISION OF TRAINING, RESEARCH AND EDUCATION IN THE FIELD OF PRE-HOSPITAL MEDICINE FOR THE TREATMENT AND/OR PREVENTION OF SICKNESS AND PHYSICAL INJURY

Area of benefit

The area the charity can operate in, as set out in its governing document.

GREATER LONDON AREA BOUNDED BY THE M25 MOTORWAY

Contact information

Address:
London Air Ambulance
5th floor
77 Mansell Street
London
E1 8AN
Phone:
02030233300
Email:
info@londonsairambulance.org.uk
Website:

www.londonsairambulance.org.uk Open in new window