CORNWALL AIR AMBULANCE TRUST

Registered charity 1133295 · accounts filings on the Charity Commission register

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Latest income
£8.6m
Latest spending
£7.5m
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total net assets increased to £27,202,665 from £26,394,015 in the prior year, driven by a net movement in funds of £808,650. Unrestricted funds stood at £23,185,968, providing a significant buffer against restricted liabilities. The document confirms the net current assets were positive at £13,000,016, indicating adequate short-term resources.

What the accounts disclose

Accounts audited. Discloses 2 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£8.6m
Total spending
£7.5m
Cost of raising funds
£1.8m
Reserves (reported)
£6.1m
Employees
57

Reported reserves equal ~9.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

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Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall · Isles Of Scilly

Income and spending

Financial year endIncomeSpending
31/12/2024£8.6m£7.5m
31/12/2023£10.1m£7.6m
31/12/2022£11.6m£6.8m
31/12/2021£6.5m£5.4m
31/12/2020£8.2m£4.4m

Common questions

Is CORNWALL AIR AMBULANCE TRUST financially healthy?

The accounts state that total net assets increased to £27,202,665 from £26,394,015 in the prior year, driven by a net movement in funds of £808,650. Unrestricted funds stood at £23,185,968, providing a significant buffer against restricted liabilities. The document confirms the net current assets were positive at £13,000,016, indicating adequate short-term resources. Its FY2024 accounts were audited.