FIRST AIR AMBULANCE SERVICE TRUST (FAAST)
To relieve sickness and pain in the county of Cornwall and the isles of Scilly by assisting in the provision of an air ambulance helicopter.
Objects
TO RELIEVE SICKNESS IN THE COUNTY OF CORNWALL AND THE ISLES OF SCILLY BY ASSISTING IN THE PROVISION OF AN AIR AMBULANCE SERVICE.
Financial health, per its FY2025 accounts
The accounts state that the charity received £202,503 in donations and legacies, all of which were remitted to its parent charity, Cornwall Air Ambulance Trust, resulting in net assets of £Nil. The trustees consider £Nil reserves to be sufficient for the charity's purposes, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Due to the nature of the Charity, which serves to receive any residual donations and legacies which are subsequently passed to Cornwall Air Ambulance Trust, the Trustees believe that £Nil reserves are sufficient for the Charity.” — page 5
“The Charity made a donation in year of £199,560 (2024: £133,887) to its parent undertaking and controlling party being Cornwall Air Ambulance Trust, a charitable company incorporated and registered in England and Wales. At the year end the Charity owed a balance of £264,458 (2024: £133,887) to Cornwall Air Ambulance Trust.” — page 20
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Funders the charity credits
- West Pharmaceutical Services
- bott UK
- M&M Plant (Devon & Cornwall) Ltd
Trustees
- David Pender Richardschair
- Angela Melissa Novell
- Benjamin Mark
- Bertrand J-P Francois Louveaux
- Daisy Griffith
- David Nicholas Harland
- Laura Anne McKay
- Neil Edward Ebberson
- Thomas Paul Reed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £203k | £203k |
| 31/12/2024 | £138k | £138k |
| 31/12/2023 | £100k | £100k |
| 31/12/2022 | £30k | £30k |
| 31/12/2021 | £32k | £32k |
Common questions
Is FIRST AIR AMBULANCE SERVICE TRUST (FAAST) financially healthy?
Per its FY2025 accounts: The accounts state that the charity received £202,503 in donations and legacies, all of which were remitted to its parent charity, Cornwall Air Ambulance Trust, resulting in net assets of £Nil. The trustees consider £Nil reserves to be sufficient for the charity's purposes, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ORR MACKINTOSH FOUNDATION LIMITED | 2 | £30k |
| THE HOBSON CHARITY LIMITED | 2 | £6k |
| ASSOCIATION OF NHS CHARITIES | 1 | £675k |
| THE ROAD SAFETY TRUST | 1 | £492k |
| THE LINMARDON TRUST | 1 | £88k |
| THE PILMUIR ESTATE | 1 | £85k |
| THE JORDAN CHARITABLE FOUNDATION | 1 | £84k |
| COLEFAX CHARITABLE TRUST | 1 | £17k |
Charities like this
- WILTSHIRE AND BATH AIR AMBULANCE CHARITY
- COUNTY AIR AMBULANCE TRUST
- CORNWALL AIR AMBULANCE TRUST
- ESSEX & HERTS AIR AMBULANCE TRUST
- SOUTH WESTERN AMBULANCE SERVICE FOUNDATION TRUST FUND
- THE DORSET AND SOMERSET AIR AMBULANCE CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FIRST AIR AMBULANCE SERVICE TRUST (FAAST) | £203k | — | 0 | within | — | no doubt |
| WILTSHIRE AND BATH AIR AMBULANCE CHARITY | £4.8m | — | — | unclear | — | no doubt |
| COUNTY AIR AMBULANCE TRUST | £10.5m | — | — | unclear | — | no doubt |
| CORNWALL AIR AMBULANCE TRUST | £9.8m | — | — | unclear | — | no doubt |
| ESSEX & HERTS AIR AMBULANCE TRUST | £16.9m | £130,001 - £140,000 | 10 | unclear | — | no doubt |
| SOUTH WESTERN AMBULANCE SERVICE FOUNDATION TRUST FUND | £391k | — | 0 | no_policy | — | no doubt |