MIDLANDS AIR AMBULANCE CHARITY

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +9.7%

  £1,299,000 → £1,425,000

• Cash

  -11%

  £8,762,000 → £7,795,000

• Net assets

  +2.7%

  £58,083,000 → £59,660,000

• Employees

  +15.2%

  138 → 159

• Operating profit

  -54.8%

  £146,000 → £66,000

• Wages

  +18.5%

  £4,981,000 → £5,903,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These accounts have been prepared on the basis that the Charity is a going concern. The Trustees consider that there are sufficient reserves to secure the future of the Charity for at least the next 12 to 18 months from the date of signing the accounts.”

Group structure

1. MIDLANDS AIR AMBULANCE CHARITY · parent
   1. Midlands Air Ambulance Trading Ltd 100% · United Kingdom · Charity shops and other income-generating activities, such as merchandise sales.

Significant events

• “We replaced our leased aircraft with a new H145 helicopter with enhanced capabilities.”
• “We successfully trialled and implemented 24/7 operations.”
• “We undertook a redevelopment at our Strensham Airbase.”
• “We retained our 'Outstanding' Care Quality Commission (CQC) rating.”
• “We purchased and delivered a new H145 aircraft which replaces the existing leased aircraft - with MAAC now wholly owning three aircraft.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.