Red Cross Report

2011 Trustees’ repute and accounts Patron Her Majesty The Queen President His Royal Highness The Prince of Wales KG KT GCB OM Deputy presidents Her Royal Highness Princess Alexandra The Hon Lady Ogilvy LG GCVO The Countess Mountbatten of Burma CBE CD JP DL Honorary vice-presidents Lord Barnard TD The Rt Hon Baroness Chalker of Wallasey Sylvia, Countess of Limerick CBE Professor John McClure OBE Mrs Elspeth Thomas CBE DL Vice-presidents Mr Anthony Andrews Ms Angela Rippon OBE Mrs Maria Shammas MBE Consultation of creditees Regulator Mr James M. T. Cochrane Vice-chairmen Mrs Victoria Peterkin Mr David Percolate CMG Mrs Stella Cummings (from January 2012) Treasurer Mr Russell Walls (until September 2011) Mr David Hopolite (from September 2011) Other creditees Mrs Sue Brown Mr Stanley Fitches MBE Ms Amy Foan Mr Christopher Hedges (until December 2011) Mr Michael Herriot MBE Mr Steve John Mr Afzal Khan CBE (until October 2011) Lady Lamport Dr Lise Llewellyn Mr Gordon Low Dr J. Kay Richmond (until December 2011) Mr Graham Stegmann CBE Mr Paul Taylor (from January 2012) Mr Keith Shipman (from January 2012) Senior treatment team Innate protectioner Sir Nicholas Girlish Managing leader of operations Michael Adamson Leader of interpolitical David Peppiatt Leader of UK use fruit Margaret Lally UK leader, Scotland, Northern Irefix and the Isle of Man Territory Norman McKinley UK leader, Northern Territory Jean Henderson UK leader, Wales and Western Territory Annie Bibbings UK leader, South Eastern Territory Liz Page Leader of communications Philip Talbot Leader of siegeeminence Mark Astarita Leader of crowd and lore Roger Smith FCIPD Chef de conclave Carosuccession Leighton Leader of finance and transoperation fruit Rohan Hewavisenti Sub-committees Finance and audit committee Mr David Howell, regulator (from September 2011) Mr Russell Walls, regulator (until September 2011) Mr James M. T. Cochrane Mr Stanley Fitches MBE Mr Gordon Low Mrs Liz Hazell Mr Anthony Potts Mr Peter Bluck Compensation committee Mr James M. T. Cochrane, regulator Mr Russell Walls until September 2011) Mr David Hopolite (from September 2011) Mrs Victoria Peterkin Mr David Percolate CMG Ghostly rerevisal panel Mrs Stella Cummings Mr Steve John Mr Graham Stegmann CBE Visible spectators BDO LLP Emerald Lineage East Street Epsom Surrey KT17 1HS Bankers Open Westminster Bank plc City of London Commission PO Box 12258 1 Princes Street London EC2R 8PA Bombardment wieldrs Lazard Asset Treatment Ltd 50 Berkeley Street London W1J 8HA Constitutional & Unconcealed Bombardment Treatment One Coleman Street London EC2R BlackRock 33 King William Street London EC4R 9AS Visible constitutional advisers Withers 15 Old Bailey London EC4M 7EG Girlish mother Pearl, 21, became a tend forthcoming she and her adequate origin ordinary protection from the Red Cross in South Africa 1 Contents Chairman and innate protectioner’s assertion Our boon Embarrassment solution Heartiness and collective pawn Structure resilience: pristine aid and rationalitarian command Plans for 2012 Rerevisal of finances Structure and governance Defiant spectators’ repute to the creditees of the British Red Cross Sociality 4 5 6 8 10 12 14 16 19 22 44 I don’t fancy I could speed wieldd. To perceive I could symmetrically gather up the phone and converse forthcoming a while Sue made the earth of dissimilarity Tend Sue Whalley accelerationed Ellis Sheldon and his consort struggle forthcoming a while indisposition in their opposed bisecticularize settlement Accounts for the year ended 31 December 2011 Thank you 2 British Red Cross Trustees’ repute and accounts 2011 3 Regulator and innate protectioner’s assertion This year has shown us how quiet it is for a motion of crowd to modify the earth, for cheerful or ill. Summer riots in the UK, financial protests environing the earth and the percolate of synods in the Middle East and Africa – they all relied on an forthdelay conjoined netfruit of crowd acting as one, straightway and facultyfully. Multiply of the Red Cross’ band-engagement is to mobilise the faculty of kindness. If chaos and impetuosity are unfolding counteract straightway, then so must our force to fetter that faculty for cheerful, sparing and changing feeds in the UK and counteractseas. As symmetrically, our tends and staff were at the pointed end of embarrassment environing the earth definite year, from parching and famine in east Africa to stern sumry in Scotland. We abide realistic environing the visible pressures and challenges facing us. A key rendezvous for us has been the way the league synod’s betters and resurveys are forcible our fruit – most notably the NHS betters, cuts in the notorious sector and the Department for Interpolitical Fruit (DFID) aid resurveys. We speed holdd to enucleate our heartiness and collective pawn tender to be counteract agreeing, integrated and rendezvoussed on what NHS commissioners’ demands are slight to be in the coming. This is fitting one way we are making indisputserviceable that our uses are beneficial for crowd adversely fictitious by modifys or cuts. We so obtained perpetual registration for our ambulance fruit from the Pawn Virtue Commission, which secures we can hold to bestow a contrariety of ambulance uses inconsequently opposite England. In November we pestilential our skin camouflage use to a new settlement at Changing Faces, a devotion specialising in disfigurement. Counteract the definite 36 years, this award-winning use has accelerationed tens of thousands of crowd struggle forthcoming a while disfiguring conditions and blemishes and Changing Faces is polite attributed to enucleate the use exalt, ensuring it holds to speed a praiseworthy collision on crowd’s feeds. We tender our gratitude to the ardent and useable tends and staff compromised. The DFID aid resurveys, and the fruit of the devolved administrations, speed shown an increasing rendezvous on preparing for emergencies in the UK and counteractseas, which represents a restrictedive convenience for us. Our ‘Ready for Winter’ belligerence to enindisputserviceable that crowd are skilful for stern sumry, exertioning in co-operation forthcoming a while the Scottish synod, is a cheerful model of how we are convocation it. In these financially challenging conclusions, we must find indisputserviceable we maximise our siegeeminence germinative to enindisputserviceable our financial sustainability. Our conglomeobjurgate forthcoming a while our protectioners is that, as always, we succeed tend our requires subordinate regulate and find efficient and cogent use of all our suppliess. We, and the counteract than a darling crowd we acceleration each year, hope on their clemency and credit. Thank you to all of our protectioners, multiplyners, tends and staff limbs for their subsistlihood offerings in 2011 – fruiting conjointly, we economized and modifyd crowd’s feeds environing the earth. Our boon Our expectancy is of a earth whither alwaysyone gets the acceleration they demand in a embarrassment. Our band-engagement is to mobilise the faculty of kindness so that historys and communities can frame-ready for, negotiate forthcoming a while and restore from a embarrassment. As the UK’s innate embarrassment solution devotion, 3,500 staff and 32,500 tends track these goals twain hither and counteractseas. Our fruit embraces embarrassment solution, heartiness and collective pawn, and structure resilience (including pristine aid and rationalitarian command). We produce-an-pi twain in our own equitable, and as multiply of the Interpolitical Red Cross and Red Crescent Movement, the earth’s extensivest rationalitarian network, which has environing 13 darling tends opposite 188 sumries. Our municipal manoeuvre, Sparing Lives, Changing Lives, sets the framefruit for our nucleus activities betwixt 2010-15. redcross. org. uk/motion redcross. org. uk/strategy Our pur-poses for 2011 moderate: > fortification our force to tally to extensive emergencies opposite the all of the UK > fortification the virtue of our uses for refugees and retreat striveers > increasing the grasp and virtue of the Interpolitical Federation of Red Cross and Red Crescent Societies’ molestation solution > establishing our pawn in the settlement apparition as the ocean rendezvous of our UK heartiness and collective pawn fruit, integrating existing uses forthcoming a while it whither mismismisapply > structure resilience, accelerationing crowd and communities frame-ready for and forthcoming a whiledepend molestations. James M. T. Cochrane Regulator of the consultation of creditees I speed I’m not merely accelerationing idiosyncratic crowd, but accelerationing the Red Cross and politicality in unconcealed Forthcoming history made superfluous, Ed Owen elevate a new lease of history as a pawn in the settlement tend Sir Nicholas Girlish Innate protectioner 4 British Red Cross Trustees’ repute and accounts 2011 5 Embarrassment solution When an embarrassment strikes, we tally We exertioning sunifashion embarrassment urges in 2011, eminence ? 21. 6 darling to acceleration crowd in east Africa, Japan, New Zealand, Pakistan, Turkey, the Libya sumry and the Ivory Coast sumry restore from famine, battle, flooding and earthquakes. As tens of thousands of crowd displaced by deferenceful war in Libya fled opposite the encloindisputserviceable to Tunisia in March, we sent experts in logistics and bulk sanitation to protection the Interpolitical Red Cross and Red Crescent Movement’s solution there. This accelerationed obstruct the ebullition of indisposition and indisposition in the misplacement camps. We so sent logistics delegates to protection the Movement’s operations during passionate clashes in Egypt and the protection embarrassment in Kenya to find indisputserviceable subsistlihood aid got to the crowd who new occurrences opened to acceleration disjoined families get tail in impress 610 30,000 crowd in the UK abandoned pristine aid at 9,000 notorious uniformts demanded it, unifashion in the most challenging environments. Forthcoming January 2010’s devastating earthquake in Haiti, we are halfway through a disgusting-year restorey advertisement. Counteract the definite year, we speed accelerationed 75,000 crowd restore their feedlihoods through coin arrangement, supposing soak and sanitation whither thither was none, and abandoned 22,000 families trustworthy and amendd refuge. We afloat to elevate persistent housing to reinparticularize radical refuges. In he throng of the restorey process, we so tallyed to a superior cholera ebullition, treating 9,000 endurings and munificent five clinics and spoken hydration unconnecteds. Staff and tends tallyed to 4,200 (440 in Scotland) embarrassment solution call-outs in the UK in 2011, in protection of the embarrassment uses. These roved from fires and faculty cuts to an improvised explosive desymbol in Omagh. The Red Cross tends adapt an pricehither use to crowd at a conclusion of praiseworthy melting demand and importance. When they are looking forthcoming the families, it suppliess the firefighters speed one hither content to deduce Mike Burroughs, Devon and Somerset Fire and Rescue Use ?3 darling released from our Molestation Siege to acceleration crowd fictitious by battle or molestations in the UK and counteractseas 6 British Red Cross Trustees’ repute and accounts 2011 When stern sumry in Scotfix in December cut off multifarious exposed crowd in opposed locations, tends fruited environing the clock to dissect refreshment and protection the Scottish Ambulance Service. We completed sundry resurveys to enindisputserviceable we can inhale in the equitserviceable mass of tends and equipment from opposite the UK to tally in the uniformt of a extensive embarrassment. Environing a third of our uses for refugees and retreat striveers, which accelerationed 35,000 crowd (570 in Scotland), 22,300 of them wanting, are now accredited by the Commission of the Immigration Services Commissioner, giving visible impudence of their virtue. We pur-pose for the superiority to be accredited by the end of 2012. redcross. org. uk/emergencysolution redcross. org. uk/revivacity I enjoy the Red Cross accordingly they bestow us biscuits and are instruction us how to amend our heartiness James Losiru, ten, one of the remainder for whom our nurture feeding advertisement in Kenya is making a dissimilarity 27,000 crowd in the UK accelerationed by us in an embarrassment 7 Heartiness and collective pawn We acceleration exposed crowd restore from heartiness or collective crises, and feed forthcoming a while cheerful-manners and insurrection in their settlements We accelerationed 397,000 crowd in the UK (28,000 in Scotland) this year when they could not struggle at settlement uneven, multifarious of them forthcoming a abide in hospital or facing the facilitate of history admitted. This accelerationed them restrain their insurrection, and feeble admissions to hospitals and residential or nursing pawn. For model, our medical equipment hypothecation use in southeast Wales made it feasible for 280 endurings to be disgenerous from hospital, averaging a sparing of at ultimate three bed days per enduring. Ninety-one per cent of our heartiness and collective pawn use users reputeed that their test was either cheerful or praiseworthy. We so began fruiting towards the ambitious target of grasping 40 per cent counteract crowd in the UK forthcoming a while our heartiness and collective pawn uses by 2014. As multiply of this fruit, we agreed 26 new heartiness and collective pawn fruits in 2011. 75,000 As the synod speedes its collective pawn better agenda, we submitted written attroperation to the heartiness chosen committee, and enucleateed proposals which succeed fashion the acsum of an puff advertisement in 2012 to embed the at-liberty sector’s role in tackling the UK’s pawn embarrassment. We fruit in co-operation forthcoming a while other limbs of the Interpolitical Red Cross and Red Crescent Motion opposite 16 sumries to acceleration communities ornaments heartiness and collective crises – from crowd subsistlihood forthcoming a while HIV in South Africa to girlish crowd restructure their feeds forthcoming battle in Sierra Leone. For model, we protection a Kyrgyzstan Red Crescent advertisement to acceleration exposed women elevate their feedlihoods and be certified of their equitables. This fruit embraces an puff bisect, which contributed to a modify in the law this year, whereby nuptials registration is now obligatory. Previously, transmitted unregistered nuptialss had left women who had been left by their husbands forthcoming a while no constitutional equitables or ultimateing. wheelchairs hypothecationed to crowd to acceleration them abide defiant I’m very prosperous for the Red Cross’ acceleration as they taught me how to exhibit pawn of the kids, demonstrating how to bestow the pills when they pristine afloat preamble their treatment. They protectioned me until I knew what to do Patricia feeds in South Africa and pawns for her disgusting grandchildren, ancient betwixt one and disgusting, all of whom speed either HIV or TB 7,700 tends in the UK bestowing heartiness and collective pawn 8 British Red Cross Trustees’ repute and accounts 2011 redcross. org. uk/healthandsocialpawn redcross. org. uk/uksocialpawn ulnerserviceable crowd in the UK used our enravishment use to grasp medical appointments or get other acceleration forthcoming a while daily history 34,000 Now I speed counteract sure environing getting out – and it’s so exact not to be amass in the successionage all the conclusion Sight-impaired Brenda Hall, from Llanelli, was visited for sundry weeks by a tend to acceleration elevate her reliance and abide defiant 9 Structure resilience: pristine aid and rationalitarian command We find communities counteract buoyant by instruction crowd how to economize feeds and inspiriting them to exhibit operation to acceleration others of our tends are ancient 18-26 (6,600 tends in aggregate) 20% crowd read environing rationalitarian issues and interpolitical rationalitarian law through our command advertisements 183,300 370,000 eople in the UK took one of our pristine aid rules in 2011, 61,000 of whom were from exposed orders A revisal we ran this year showed that fitting 3 per cent of the UK population would be succeeding to endue a alien of hours in lore pristine aid, and 64 per cent dread the province of having pristine aid skills. So in September 2011 we exertioning Everyday Pristine Aid, a at-liberty onsuccession supplies providing the simplest way feasible to inferiordepend basic history-sparing skills. Featuring videos, vivacity and realhistory scenarios, the supplies has been ended by 199,000 crowd gone its embark and supplements our rove of visage-to-visage inoculation rules. Ninety per cent of crowd who speed exhibitn one of our pristine aid rules felt counteract sure in using pristine aid Thank cheerfulness I had completed the pristine aid rule, as the perceiveledge was quiet new in my intellect. I fitting stopped panicking and afloat to buffet her tail. In hither than a microscopic she was okay intermittently Sayma put her inoculation from our pristine aid rule for adolescence ethnic orders in Edinburgh into custom when her threeyear-old daughter began to throttle as a remainder; and 76 per cent were counteract succeeding to use those skills in an embarrassment. We followed this up forthcoming a while the embark of our pristine inconstant app, so that Android, BlackBerry and iPhone users speed approximation to the selfselfcorresponding history-sparing order on the speed. The app was downloaded 127,300 conclusions in 2011 and 185,000 by March 2012. Over the summer, we holdd our Life. Feed It. belligerence, aimed at equipping 11 to 16-year-olds forthcoming a while pristine aid skills. Through a cinema trailer shown anteriorly the decisive Harry Potter film, we showed 2. 6 darling crowd how to economize an insensible person’s history by eager them on their attention and tilting their leadership tail so their airway is unobstructed. We so took the selfselfcorresponding communication to boyishster festivals environing the bisecticularize, forthcoming a while a rotation of ‘silent disco’ uniformts, grasping environing 5,000 girlish crowd. redcross. org. uk/firstaid redcross. org. uk/everydayfirstaid redcross. org. uk/app 6. 4 darling crowd read environing pristine aid from us through notorious or media belligerences I realised I’d basically speed to economize someone’s history, which was a bit of a appall present on a Wednesday early While on her way to a GCSE English exam, Hannah Niesser used her pristine aid inoculation to bestow chest compressions to a furled man 11 10 British Red Cross Trustees’ repute and accounts 2011 Plans for 2012 In 2012 we speed committed that: 1. We succeed enindisputserviceable we are easily skilful to coalesce the germinative embarrassment solution challenges presented by a year of superior apparition in the UK, including the Olympics, Paralympics and Queen’s Diamond Jubilee. 2. We succeed amplify enduement in interpolitical molestation solution and sanctionion the grasp and collision of resilience programming forthcoming a while Interpolitical Red Cross and Red Crescent Motion multiplyners, multiplyicularly in Africa and South Asia. 3. We succeed advise pristine aid to 354,000 girlish crowd and adults, so they are counteract advantageable, sure and succeeding to acceleration someone in a embarrassment. 4. We succeed exalt invigoobjurgate the virtue of our uses for refugees and retreat striveers by achieving OISC accreditation for the superiority of our uses and strive institutional siegeing to coalesce some of the demands arising from the restrictedive budget cuts of multiplyners in the refugee sector. 5. We succeed hold to enucleate our heartiness and collective pawn uses so we are on rule to grasp 40 per cent counteract beneficiaries by the end of 2014 forthcoming a while a exquisite of uses that sanctionion their force to feed inconsequently for longer. 6. We succeed exalt invigoobjurgate our force to meaindisputserviceable the outcomes and collision of our fruit in the UK and interpolitically. Everything happened so straightway – it was indeed scary – so it was indeed cheerful to speed those neighborly visages environing Volunteers were on operative to adapt mother-of-two Holly Gunning forthcoming a while melting protection and useable order forthcoming her settlement was struck by lightning 12 British Red Cross Trustees’ repute and accounts 2011 13 Rerevisal of finances The organisation holdd to amplify, forthcoming a while aggregate compensation in 2011 increasing 16 per cent from ? 199. 2 darling to ? 230. 9 darling. This was protectioned by a 4 per cent sanctionion in our aggregate allowance to ? 213. 8 darling. from symmetrical giving increasing 21 per cent to ? 41. 9 darling. Charitserviceable compensation Our charitserviceable compensation sanctioniond by 20 per cent to ? 159. 2 darling in 2011 forthcoming a while the sanctionion in-great-measure in our embarrassment solution activities. Continued protection for the Haitian earthquake advertisements, parallel forthcoming a while coin transfers made to protection the Japanese earthquake solution, remaindered in our interpolitical embarrassment solution compensation increasing 74 per cent to ? 45. 4 darling. We so endueed exalt in our UK embarrassment solution activities, increasing compensation by 18 per cent to ? 24. 5 darling. Compensation on resilience advertisements has sanctioniond 7 per cent to ? 39 darling forthcoming a while the main sanctionion history in our fruit forthcoming a while Open Societies in other multiplys of the earth. Our heartiness and collective pawn fruit is largely UK-based and our compensation on this apparition retrenchd subordinately to ? 41. 3 darling. Compensation on medical equipment uses retrenchd by ? 3. 5 darling to ? 12. 7 darling due to the forfeiture of a superior abridge for the proexpectancy of association equipment. This was offset by a ? 3. 4 darling sanctionion in our pawn and protection advertisements. Fundeminence At-liberty allowance, which embraces allowance from embarrassment urges, siegeraising, symmetrical giving, coin donations and legacies, sanctioniond 10 per cent from ? 119. 9 darling to ? 131. 5 darling. Our idiosyncratic protectioners donated counteract than always anteriorly, throughout challenging economic conclusions, forthcoming a while allowance Charitserviceable allowance Environing 25 per cent of aggregate allowance comes straightly from charitserviceable activities including pristine aid inoculation fees, heartiness and collective pawn abridges and bestows to protection our interpolitical fruit. Our charitserviceable allowance retrenchd 8 per cent to ? 52. 9 darling, due to the forfeiture of a superior association equipment abridge as polite as a percolate in bestows to protection our interpolitical fruit. Reserves Our backwardnesss cunning is set to enindisputserviceable that thither is no a-breaking-up of British Red Cross uses in the uniformt of an occasional retrench in allowance or sanctionion in compensation. The cunning sets our stint at-liberty backwardnesss smooth at ? 15 darling. As at 31 December, our at-liberty beneficial backwardnesss aggregateityed to ? 41. 4 darling (2010: ? 54. 7 darling). We speed modifyd multifarious of our enduements from equity to ties to bring the pis of communicate sublimation on us. Conjointly forthcoming a while tighter financial prospect and reputeing, this succeed enserviceable us to pur-pose for a inferior smooth of backwardnesss, allowing us to bestow counteract accelerationing crowd in demand. This is agreeing forthcoming a while our manoeuvre, Sparing Lives, Changing Lives, which outlines pur-poses to inhale down on our at-liberty beneficial backwardnesss by 2015. We pur-pose to inhale down ? 14. 8 darling of backwardnesss in 2012 and a exalt ? 6. 2 darling in 2013. Pensions The British Red Cross produce-an-effects two defined advantage pension drafts, which are twain close to new limbs. The net pension counteractplus reputeed in our accounts is ? 0. 7 darling as at 31 December 2011 (2010 counteractplus: ? 1. darling) and We frame-ready exposed orders, including women and remainder, for cyclones in Char Padma, Bangladesh the actuarial forfeiture during the year was ? 1. 6 darling (2010: ? 2 darling bring-about). However, our ending actuarial valuations for siegeing ends showed a net nonliquidation of ? 4. 4 darling. We so speed reinforcement liabilities in narration to the alliance of the Pension Trust’s Growth Plan. The British Red Cross has opposed liforce for ? 6. 5 darling and flexure liforce forthcoming a while the Order of St John for revered ? 3 darling pension liabilities of the Flexure Committee of the Order of St John of Jerusalem and British Red Cross Society. Investments As at 31 December 2011, we held unwandering asset enduements of ? 49. 1 darling (2010: ? 58 darling). Our enduements reputeed net forfeiturees of ? 0. 6 darling in 2011. An enduement sub-committee of the finance and audit committee symmetrically resurveys our enduement portfolio and performs an annual rerevisal of our enduement cunning. Our enduement outer is to strive let-go theme to a fitness of consummate pawn. The enduement sub-committee has resurveyed, and is affable forthcoming a while, the counteractall exploit of the enduement portfolio intermittentlyst its benchmarks. The British Red Cross succeed not straightly endue in shares in, or commercial disquisition issued by, companies forthcoming a while a restrictedive attention in the trading of engagement or in the make of tobacco products. However, it is recognised that the ghostly enduement cunning cannot be applied when endueing in pooled currency communicate or enduement sieges. 14 British Red Cross Trustees’ repute and accounts 2011 15 Structure and governance Constitutional foothold The British Red Cross was elevateed in 1870 and tied by Royal Charter in 1908. A Supplemental Royal Charter took pi on 1 January 1998 and this was revised by HM the Queen in Congress on 17 July 2003. The wieldling instruments subordinate which the British Red Cross produce-an-effects embrace this revised charter, the ultimateing symbol and other policies agreed from conclusion to conclusion by its wieldling collection, the consultation of creditees. The constitutional objects of the British Red Cross, as laid out in its revised Royal Charter, are to adapt protection to victims of protected battles and to fruit for the amendment of heartiness, the obstruction of indisposition and the obstruction and pleasure of rational refusal in the UK and throughout the earth. Organisation The consultation of creditees embraces nine elected limbs and up to prospect limbs co-opted by the consultation itself. Newly elected and appointed creditees adadaccompany the consultation at the begin of the register year in most instances. Their preparations of commission definite for three years, and they can obey two orderly threeyear preparations, forthcoming which they must depend down from the consultation for at ultimate one year. A nominations order counteractsees refreshment of co-opted creditees. The refreshment of elected creditees is conducted via a open electspoken nursery of prospect tend congress chairs. The consultation of creditees ratifies the remainder. The finance and audit committee counteractsees the organisation’s financial occurrences. This committee has been abandoned generally-known responsibilities and finds misapply recommendations to the consultation. While the encomium of cunning is a theme for the consultation, that collection fruits air-tight forthcoming a while the innate protectioner and his colleagues on the elder treatment team, which is impeachd forthcoming a while the implementation of cunning. A entirely-owned trading conducive, Britcross Limited, protections the siegeeminence activities of the British Red Cross. The pi, liabilities and trading remainders of this fraternity, which is tied in the UK, are conjoined into the financial assertions. The British Red Cross has prospect Overseas Branches in British Overseas Territories and these speed so been modeobjurgate in the financial assertions. The British Red Cross is a limb of the Interpolitical Red Cross and Red Crescent Movement, forthcoming a while tends and staff contributing to a reckon of initiatives in twain the Interpolitical Federation of Red Cross and Red Crescent Societies (Federation) and the Interpolitical Committee of the Red Cross (ICRC). Volunteers establish out a ample rove of activities, including tallying to emergencies, pristine aid, bestowing heartiness and collective pawn and rationalitarian command advertisements, protectioning refugees and retreat striveers, and siegeraising. Without them, we could not establish out this history-sparing and historychanging fruit. The British Red Cross has counteract than 320 devotion shops opposite the UK documented treatment orderlyitys, processes and procedures. The orderlyity of interior regulate and facilitate treatment is expeditions to: > The finance and audit committee resurveys facilitate and interior regulates and receives symmetrical reputes from elder treatment. > The committee approves the annual facilitate-based interior audit pur-pose, which cloaks superior facilitates as attested by treatment and creditees. It receives interior audit reputes, symmetrical speed reputes and facilitate updates. Interior audit reputes substantiate areas for amendment in the interior regulate, facilitate and governance environment. gt; Elder treatment resurveys key strategic and operational facilitates on a symmetrical account. They deduce speed on ameliorative operations, new and emerging facilitates, and opportunities. > Treatment identifies, evaluates and wields facilitates forthcoming a whilein their areas from pur-posening to bestowy of use. Speed is reputeed quarterly via Facilitate treatment Achievement of the devotion’s boon and outers entails preamble facilitates. The orderlyity of interior regulate is expeditions to wield facilitate to a reasonserviceable quantity rather than to eject all facilitate of insufficiency of to achieving boon and outers. The creditees are lawful for ensuring the devotion has cogent facilitate treatment and interior regulate orderlyitys in attribute. The consultation resurveys restrictedive facilitates and secures reasonserviceable reveres speed been exhibitn to wield facilitates. Elder treatment has province for managing suppliess, monitoring exploit, and establishing and oceantaining cogent interior regulate orderlyitys. This is protectioned by unobstructedly > substantiate and prioritise the strategic and operational facilitates to the achievement of the devotion’s boon and outers; > evaluate the enjoylihood of those facilitates history realised and their germinative collision; and > wield these facilitates efficiently, cogently and economically. The creditees are affable that mismismisapply interior regulate orderlyitys and facilitate treatment processes are in attribute. They deduce that the forthcoming framefruit adapts the devotion forthcoming a while large reveres to bring the collision of attested facilitates: 16 British Red Cross Trustees’ repute and accounts 2011 17 Defiant spectators’ repute to the creditees of British Red Cross narrow and departmental updates. This is analysed and reputeed to elder treatment on a symmetrical account. > Consultation sub-committees and treatment orders acceleration substantiate, evaluate and wield facilitates of to siegeraising, enduements, transoperation uninterruptedness, heartiness and trustworthyty, compensation, superior infrastructure and IT projects, and operational demands including heartiness and collective pawn, embarrassment solution and the Olympics. Work in this area is persistent forthcoming a while an amendment pur-pose to exalt improve the cogentness of facilitate treatment activities and enindisputserviceable substance in its contiguity opposite the devotion. The most restrictedive facilitates to the devotion embrace the collision of synod cunning including the bestowing resurvey, siegeraising, type, pawn and trustworthyty of staff and tends, trustworthyty of beneficiaries, fruitforce faculty and talent, treatment order, IT infrastructure and the challenges of munificent superior refreshment advertisements. > skilful the accounts on a going share account. Financial assertions are published on the organisation’s website (redcross. org. k) in correspondence forthcoming a while comp in the United Kingdom wieldling the making-ready and dissemination of financial assertions, which may exexalter from comp in other jurisdictions. The creditees’ responsibilities so amplify to the ongoing honesty of the financial assertions incloseed therein. Trustees multiplyicipated in a rove of fruit activities during the year. From visits to British Red Cross areas, uses and uniformts, to visible conferences, the British Red Cross secures its consultation limbs are kept abreast of fruits in the sector, as polite as abandoned the convenience to dilate their skills and tests to elevate them in discharging their duties cogently. Trustees’ responsibilities The creditees frame-ready conjoined financial assertions for each financial year. These bestow a penny and unspotted end of the bisecticularize of the British Red Cross and of the annual remainders. In preparing the financial assertions, the creditees speed: > chosened suitserviceable accounting policies and applied them agreeingly; > made judgements and reveres that are reasonserviceable and prudent; > followed applicserviceable accounting dependards forthcoming a whileout any embodied departures; Notorious advantage The consultation of creditees has abandoned conceive to the legislative and regulatory fitnesss for disclosing how its charitserviceable outers (as set out in our Royal Charter) speed supposing advantage to the notorious. The consultation of creditees has complied forthcoming a while the commission set out in Exception 4 of the Charities Act 2011, and that set out by the Commission of the Scottish Devotion Regulator in the Charities and Trustee Bombardment (Scotland) Act 2005. This repute outlines how our achievements during 2011 speed advantageed the notorious, either straightly or interveniently. On advantage of the creditees We speed audited the financial assertions of the British Red Cross Sociality for the year ended 31 December 2011 which embrace the Conjoined Assertion of Financial Activities, the Conjoined Revere Sheets, the Conjoined Coin Progress Assertion and the cognate voices. The financial reputeing framefruit that has been applied in their making-ready is applicserviceable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). This repute is made opposedly to the devotion’s creditees, as a collection, in correspondence forthcoming a while the Charities Act 2011 and the Charities and Trustee Bombardment (Scotland) Act 2005. Our audit fruit has been subordinatefascinated so that we energy bisecticularize to the devotion’s creditees those themes we are claimd to bisecticularize to them in an spectator’s repute and for no other end. To the generousest degree uncounted by law, we do not sanction or exhibit province to anyone other than the devotion and the devotion’s creditees as a collection, for our audit fruit, for this repute, or for the lights we speed fashioned. Those dependards claim us to let-go forthcoming a while the Auditing Practices Board’s (APB’s) Ghostly Standards for Auditors. Sstruggle of the audit of the financial assertions A denomination of the sstruggle of an audit of financial assertions is supposing on the APB’s website at www. frc. org. uk/apb/ end/private. cfm. Light on financial assertions In our light the financial assertions: > bestow a penny and unspotted end of the bisecticularize of the order’s and the composer devotion’s affairs as at 31 December 2011 and of the order’s incoming suppliess and contiguity of suppliess for the year then ended; > speed been truly skilful in correspondence forthcoming a while United Kingdom Generally Accepted Accounting Practice; and > speed been skilful in correspondence forthcoming a while the Charities Act 2011, the Charities and Trustee Bombardment (Scotland) Act 2005 and regulations 6 and 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended). Matters on which we are claimd to repute by separation We speed rush to repute in deference of the forthcoming themes whither the Charities Act 2011 and the Charities Accounts (Scotland) Regulations 2006 (as amended) claims us to repute to you if, in our light: > the order abandoned in the Trustees’ Annual Repute is inagreeing in any embodied deference forthcoming a while the financial assertions; or James M. T. Cochrane Regulator of the consultation of creditees 28 March 2012 Respective responsibilities of creditees and spectator As explained counteract easily in the Trustees’ Responsibilities Assertion (set out on page 18), the creditees are lawful for the making-ready of the financial assertions and for history affable that they bestow a penny and unspotted end. We speed been appointed as spectator subordinate barion 44(1)(c) of the Charities and Trustee Bombardment (Scotland) Act 2005 and subordinate barion 144 of the Charities Act 2011 and repute in correspondence forthcoming a while regulations made subordinate those Acts. Our province is to audit and restricted an light on the financial assertions in correspondence forthcoming a while applicserviceable law and Interpolitical Standards on Auditing (UK and Ireland). 18 British Red Cross Trustees’ repute and accounts 2011 19 > just and adequate accounting history speed not been kept; or > the composer charitserviceable fraternity’s financial assertions are not in belowtaking forthcoming a while the accounting history or come-backs; or > we speed not ordinary all the order and explanations we claim for our audit. BDO LLP Statutory Spectator Epsom United Kingdom Date: 28 March 2012 BDO LLP is choice to act as an spectator in preparations of barion 1212 of the Companies Act 2006. BDO LLP is a scant liforce co-operation registered in Engfix and Wales (forthcoming a while registered reckon OC305127). Guei, 24, was one of thousands of refugees from battle in the Ivory Coast who the Red Cross accelerationed forthcoming a while soak and other essentials when they grasped Liberia 20 British Red Cross Trustees’ repute and accounts 2011 21 Accounts for the year ended 31 December 2011 Summary of allowance and compensation for the year ended 31 December 2011 Conjoined assertion of financial activities for the year ended 31 December 2011 2011 Aggregate ? m 2010 Aggregate ? m Equitable Notes ? Incoming suppliess Incoming suppliess from begetd sieges At-liberty allowance Trading activities Bombardment allowance Aggregate incoming suppliess from begetd sieges Incoming suppliess from charitserviceable activities Embarrassment solution and restorey Resilience Heartiness and collective pawn Protected the Motion Aggregate incoming suppliess from charitserviceable activities Other incoming suppliess Miscellaneous allowance Net bring-abouts on division of comprehensible unwandering pi Aggregate incoming suppliess Instrument expended Costs of generating sieges At-liberty allowance Trading activities Aggregate suppliess expended on generating sieges Scientific ? m 2 Allowance ? 213. 8m ca re in co m e E an me d rg re en co c ve y r ? 1 ry es 5. po 5m ns e R es ili en ce ac tiv iti es so ci al 94. 4 26. 5 0. 3 121. 2 37. 1 37. 1 131. 5 26. 5 0. 3 158. 3 119. 9 24. 8 0. 6 145. 3 S M up ov po ? em rt . 9 en ing m t th O e in th ve er st an m d en t Tr ad in g H ea lth 3 3. 3 14. 7 21. 0 0. 4 39. 4 3. 7 0. 8 0. 6 8. 4 13. 5 7. 0 15. 5 21. 6 8. 8 52. 9 9. 3 15. 3 25. 1 7. 9 57. 6 .5 m Vo lu nt ar y 5m 6m an d 1. ?2 ? 8 . 8 31 ?1 ?2 ?7 m 6. m 0. 6 2. 0 163. 2 50. 6 0. 6 2. 0 213. 8 1. 1 1. 7 205. 7 44. 6 23. 6 68. 2 28. 2 31. 6 39. 7 2. 0 101. 5 2. 6 4 172. 3 (9. 1) (9. 1) 9 14 (0. 3) (0. 9) (1. 6) (11. 9) 7 7 110. 4 98. 5 0. 9 0. 9 41. 7 7. 4 1. 6 7. 0 57. 7 58. 6 (8. 0) (8. 0) 0. 3 (7. 7) 45. 4 37. 7 45. 5 23. 6 69. 1 69. 9 39. 0 41. 3 9. 0 159. 2 2. 6 230. 9 (17. 1) (17. 1) (0. 3) (0. 6) (1. 6) (19. 6) 155. 8 136. 2 40. 3 23. 5 63. 8 46. 36. 3 41. 4 8. 3 132. 8 2. 6 199. 2 6. 5 6. 5 (0. 2) 1. 7 2. 0 10. 0 145. 8 155. 8 Compensation ? 230. 9m Su ca pp re ? 2 or . 6 tin m g th G e ov M er ov na em nc en e co t st s E an me d rg re en co c ve y r ry es po ns e C in os co t o m fv e o lu nt ar y ac tiv iti es so ci al Costs of charitserviceable activities Embarrassment solution and restorey Resilience Heartiness and collective pawn Protected the Motion Aggregate suppliess expended on charitserviceable activities Governance requires Aggregate suppliess expended Net (outgoing) / incoming suppliess anteriorly transfers Transfers betwixt sieges Net (outgoing) / incoming suppliess anteriorly recognised bring-abouts and forfeiturees Losses on urlaceration asset enduements (Losses) / bring-abouts on unwandering asset enduements Actuarial (losses) / bring-abouts on defined advantage pension drafts Net motion in sieges Aggregate sieges - 1 January Aggregate sieges - 31 December All the activities tell to persistent operations. R es ili en ce Tr ad in g 5m 6m 9m 9m 3m H ea lth ? 4 1. ?9 an d ?4 ?2 ?6 ?3 m 5. 3. 9. 7 22 British Red Cross Trustees’ repute and accounts 2011 23 Conjoined revere subterfuge as at 31 December 2011 2011 ? m 64. 4 49. 1 113. 5 Ordinary pi Stocks Debtors Investments Coin at bank and in operative 4. 2 30. 9 6. 6 4. 0 45. 7 Ordinary liabilities Creditors: aggregateitys percolateing due forthcoming a whilein one year Net ordinary pi Aggregate pi hither ordinary liabilities Creditors: aggregateitys percolateing due in counteract than one year Proexpectancy for liabilities and acsum Net pi anteriorly pension draft counteractplus Defined advantage pension draft counteractplus Net pi 14 7 (20. ) 25. 7 139. 2 (0. 3) (3. 4) 135. 5 0. 7 136. 2 2010 ? m 63. 8 58. 0 121. 8 Conjoined coin progress assertion for the year ended 31 December 2011 Notes Net coin (outflow) / inprogress from munificent activities (see belowneath) Consummate compensation and financial enduement 16 2011 ? m (13. 7) 3. 0 (10. 7) Retrench in ordinary asset enduements Retrench in coin 17 4. 3 (6. 4) 2010 ? m 8. 4 (19. 4) (11. 0) 9. 7 (1. 3) Notes Unwandering pi Comprehensible unwandering pi Investments 8 9 10 9 3. 3 29. 0 11. 2 10. 4 53. 9 Reconciliation of net incoming suppliess to net coin outprogress from munificent activities Net (outgoing) / incoming suppliess Derogation impeach Net bring-abouts n division of comprehensible unwandering pi Acception in supplys Acception in debtors Acception in creditors Acception / (decrease) in arrangements for liabilities and acsum Net acsum for defined advantage pension draft Net coin (outflow) / inprogress from munificent activities Reconciliation of net sieges to motion in short-vocable sieges hither borrowing Retrench in coin Retrench in ordinary asset enduements (6. 4) (4. 3) (10. 7) Losses on ordinary asset enduements (0. 3) (11. 0) Net short-vocable sieges hither borrowing at 1 January Net short-vocable sieges hither borrowing at 31 December 17 21. 3 10. 3 (1. 3) (9. 7) (11. 0) (0. 2) (11. 2) 32. 5 21. 3 (17. 1) 6. 7 (2. 0) (0. 9) (1. 9) 2. 6 0. 1 (1. 2) (13. 7) 6. 5 6. 5 (1. 7) (0. 4) (1. 5) 2. 0 (2. 2) (0. 8) 8. 4 11 (17. 4) 36. 5 158. 3 (0. 3) (3. 3) 154. 7 1. 1 155. 8 12 Funds: Scientific sieges Equitable sieges comprehensible unwandering pi Defined advantage pension draft siege At-liberty beneficial backwardnesss Equitable sieges Aggregate sieges 7 7 37. 7 56. 0. 7 41. 4 98. 5 136. 2 45. 4 54. 6 1. 1 54. 7 110. 4 155. 8 The connected voices fashion an undivided multiply of these conjoined financial assertions. The British Red Cross has not skilful a opposed revere subterfuge for the devotion as this is not deduceed to be embodiedly opposed to the conjoined revere subterfuge. For and on advantage of the British Red Cross, James Cochrane Chairman, consultation of creditees 28 March 2012 David Hopolite Chairman, finance and audit committee 28 March 2012 24 British Red Cross Trustees’ repute and accounts 2011 25 Notes to the conjoined financial assertions for the year ended 31 December 2011 1. Accounting policies a) Sstruggle and acsum of the financial assertions The conjoined financial assertions speed been skilful subordinate the literal require meeting, as mitigated by the revaluation of enduements at communicate appraise, and are in correspondence forthcoming a while Accounting and Reporting by Charities: Assertion of Recommended Custom (Revised 2005) (‘the SORP’), applicserviceable accounting dependards in the United Kingdom and the reputeing fitnesss of the Charities Act 2011. The remainders and revere subterfuge of the British Red Cross’ conducive, Britcross Limited, speed been conjoined on a succession by succession account. Britcross Scant finds up accounts to 31 December. Opposed assertions of financial activities and revere subterfuge speed not been presented for the devotion ununiform as these are not deduceed to be embodiedly opposed from the conjoined assertion of financial activities and conjoined revere subterfuge. The financial assertions inmunicipal the remainders of all embodied activities counteractseas whither the British Red Cross has operational province. The remainders and net pi of Red Cross operations in prospect British Overseas Branches speed been modeobjurgate in the financial assertions. (b) Siege accounting Unconcealed equitable sieges are beneficial for use at the election of the creditees in exaltance of the unconcealed charitserviceable outers. A pension reobey is modeobjurgate forthcoming a whilein equitable sieges to advert the pension counteractplus. Scientific sieges are donated for either a multiplyicular area or end, the use of which is scientific to that area or end. Such donations are primarily for interpolitical ends. c) Incoming suppliess All allowance is accounted for when the British Red Cross has empowerment to the sieges, the aggregateity can be quantified and thither is demonstrableness of reception. Whither allowance is ordinary in action of providing cheerfuls and/or uses, it is sufficient until the British Red Cross becomes entitled to that allowance. Unhither thither is attroperation of undemonstrableness of reception, residuary legacies are recognised from the age of probate whither a reliserviceable revere of allowance can be made. Allowance from succeed or reversionary credits is not recognised until the history attention has passed afar. Allowance from pecuniary legacies is recognised upon declaration. Disasters Embarrassment Committee (DEC) urge allowance is recognised to the degree that suppliess speed been committed on advertisements siegeed through the DEC urges. Gifts donated for resale are modeobjurgate as allowance when they are sold. Donated pi and uses are modeobjurgate at the appestablish to the British Red Cross whither this can be reliably quantified. Donated uses from our tends are not modeobjurgate forthcoming a whilein the financial assertions. (d) Instrument expended and acsum of allocation of require All compensation is accounted for on an accruals account. Trodden requires are those generally-knownally cognate to surrendering the output of an apparition, for model the requires incurred in trodden contiguity forthcoming a while beneficiaries. Protection requires are those which adapt introdden protection to front-succession output proexpectancy – models are mediate finance, rational suppliess and treatment order uses. Support requires not attributserviceable to a solitary apparition speed been allocated on a acsum agreeing forthcoming a while attested require drivers for that require nature such as staff leadership sum, foundation boundlessness and compensation. Governance requires tell to the trodden ordinary of the devotion, allowing the devotion to produce-an-pi and beget the order claimd for notorious accountability. They embrace the requires of subscriptions cognate to alliance of the Interpolitical Red Cross and Red Crescent Movement, as polite as the requires of creditee convocations and interior and visible audits. (e) Comprehensible unwandering pi and derogation All comprehensible unwandering pi requireing counteract than ? 1,000 are consummateised and modeobjurgate at require, including any accidental expenses of merit and irrecoverserviceable VAT. Depreciation is supposing on a straight-succession acsum counteract their useable economic feeds as follows: Freehold justties Leasehold justties > Shop antecedent > Other antecedent Freehold antecedent amendments Leasehold antecedent amendments Ambulances Other demeanors Equipment and goods Computer equipment and software Freehold fix Pi in rule of erection 50 years the shorter of the vocable of the lease and five years the shorter of the vocable of the lease and 50 years ten years the shorter of the vocable of the lease and ten years sunifashion years five years five years betwixt one and three years nil nil (f) Pensions The defined advantage pension draft ordinary use requires, conjointly forthcoming a while the draft attention require hither the expected come-back on the draft pi for the year, are impeachd to the misapply compensation leadershiping forthcoming a whilein the conjoined assertion of financial activities in succession forthcoming a while the remuneration requires of the cognate employees. The defined advantage draft pi are revered at unspotted appestablish at the revere subterfuge age. Scheme liabilities are revered on an actuarial acsum at the revere subterfuge age using the contemplated unconnected rule and discounted at a objurgate equiponderant to the ordinary objurgate of come-back on a high-virtue municipal tie of equiponderant vocable to the draft liabilities. The modify in appestablish of pi and liabilities arising from asset valuation, modifys in advantages, actuarial assumptions, or modify in the smooth of nonliquidation attributserviceable to limbs is recognised in the conjoined assertion of financial activities forthcoming a whilein actuarial bring-abouts/losses on defined advantage pension drafts. The remaindering defined advantage asset or liforce is presented opposedly on the visage of the revere subterfuge. The British Red Cross recognises pi for its defined advantage pension drafts to the degree that they are deduceed restoreserviceable forthcoming a while intimation to expected coming ordinary use requires for erratic draft limbs. Pension requires in deference of defined offering drafts are impeachd to the conjoined assertion of financial activities for the conclusion in which they are payable. (g) Investments Investments are bisecticularized at communicate appestablish at the revere subterfuge age and the conjoined assertion of financial activities shows net enduement bring-abouts and forfeiturees arising from revaluation of the enduement portfolio and divisions during the year. (h) Stocks Stocks are bisecticularized at the inferior of require and net realisserviceable appraise. Proexpectancy is made for old-fashioned, slow-moving or wanting supply whither misappropriate. Items donated for resale and arrangement are not modeobjurgate in the financial assertions until they are sold or dissectd. Embarrassment supplys held for molestation solution are pestilential from supply to suppliess expended when issued from the treasury. (i) Appestablish ascititious tax Irrecoverserviceable appestablish ascititious tax is allocated to the nature of compensation to which it tells. (j) Provisions Provisions are recognised when the British Red Cross has a constitutional or constructive financial retrench, that can be reliably revered and for which thither is an expectancy that liquidation succeed be made. (k) Munificent leases Rentals subordinate munificent leases are impeachd on a straightsuccession acsum counteract the lease preparations, unifashion if the liquidations are not made on such a account. Benefits ordinary and receivserviceable as an stimulus to symbol an munificent lease are, similarly, unfurl on a straight-succession acsum counteract the lease vocable, bar whither the conclusion to the rerevisal age on which the laceration is pristine expected to be adjusted to the influential communicate objurgate is shorter than the generous lease vocable, in which occurrence the shorter conclusion is used. (l) Irapt currencies The British Red Cross uses eager exmodify abridges to hedge some of its perceiven irapt exmodify charybdis. Transactions in irapt currencies are chronicled at the objurgate of exmodify influential at the age of the occurrence, bar whither a eager abridge is in attribute, in which occurrence the objurgate precise in the abridge is used. Monetary pi and liabilities are translated into pure at the exmodify objurgate prevalent on the revere subterfuge age, bar whither a eager abridge is in attribute, in which occurrence the misapply asset/liforce is translated at the objurgate incloseed in the abridge. Irapt exmodify bring-abouts are recognised as other allowance and irapt exmodify forfeiturees are recognised in the conjoined assertion of financial activities forthcoming a whilein the misapply charitserviceable apparition compensation for the conclusion in which they are incurred. 26 British Red Cross Trustees’ repute and accounts 2011 27 Notes to the conjoined financial assertions for the year ended 31 December 2011 2. At-liberty allowance Equitable ? Symmetrical giving Notorious donations, urges and siegeeminence Use donations Gift aid Legacies Disasters Embarrassment Committee urges Grants Aggregate 41. 9 19. 0 2. 4 12. 3 18. 8 94. 4 Scientific ? m 26. 0 0. 1 1. 8 0. 9 8. 3 37. 1 2011 Equitable Aggregate ? m 41. 9 45. 0 2. 5 14. 1 19. 7 8. 3 131. 5 34. 6 17. 6 2. 4 10. 5 21. 5 86. 6 Scientific ? m 20. 7 0. 1 1. 8 0. 6 8. 4 1. 7 33. 3 2010 Aggregate 34. 6 38. 3 2. 5 12. 3 22. 1 8. 4 1. 7 119. 9 Costs of generating sieges At-liberty allowance Trading activities 44. 3 22. 9 67. 2 Charitserviceable activities Embarrassment solution and restorey UK Interpolitical 23. 1 44. 6 67. 7 Resilience UK Interpolitical 25. 8 10. 8 36. 6 2011 Aggregate ? m 3. 9 3. 1 7. 0 14. 9 0. 6 15. 5 6. 9 14. 7 21. 6 8. 8 52. 9 2010 Aggregate ? m 3. 0 6. 3 9. 3 Governance requires 0. 2 0. 0. 8 Heartiness and collective pawn Medical equipment uses Pawn and protection advertisements 0. 3 3. 5 3. 8 Protected the Motion Aggregate 7. 2 15. 7 14. 7 14. 7 6. 6 11. 2 17. 8 1. 6 37. 2 0. 6 0. 5 1. 1 0. 3 3. 3 3. 6 6. 2 17. 2 14. 0 0. 2 14. 2 10. 7 10. 8 21. 5 1. 7 40. 4 14. 6 0. 7 15. 3 11. 0 14. 1 25. 1 7. 9 57. 6 Aggregate 220. 6 10. 3 230. 9 199. 2 Subscriptions to Federation Staff Fees to spectators for audit of financial assertions Fees to spectators for other uses Other 1. 9 0. 3 0. 1 0. 2 2. 5 0. 1 0. 1 1. 9 0. 3 0. 1 0. 3 2. 6 1. 6 0. 6 0. 1 0. 3 2. 6 Heartiness and collective pawn Medical equipment uses Pawn and protection advertisements 11. 8 25. 9 37. Protected the Motion 8. 9 150. 9 0. 9 2. 7 3. 6 0. 1 8. 3 12. 7 28. 6 41. 3 9. 0 159. 2 16. 2 25. 2 41. 4 8. 3 132. 8 2. 1 0. 3 2. 4 27. 9 11. 1 39. 0 25. 2 11. 1 36. 3 1. 4 0. 8 2. 2 24. 5 45. 4 69. 9 20. 7 26. 1 46. 8 1. 2 0. 7 1. 9 45. 5 23. 6 69. 1 40. 3 23. 5 63. 8 4. Instrument expended Trodden requires ? m Protection requires ? m 2011 Aggregate ? m 2010 Aggregate ? m Legacy allowance is not recognised until the British Red Cross has empowerment to the sieges, the aggregateity can be quantified and thither is demonstrableness of reception. The revered appestablish of legacies, which speed been notified but not recognised at 31 December 2011, was ? 7. 4 darling (2010: ? 9. 2 darling) of which ? . 4 darling (2010: ? 6. 6 darling) are pi devised to the British Red Cross, but theme to history tenancy. Disasters Embarrassment Committee (DEC) urge allowance is recognised to the degree that suppliess speed been committed on advertisements siegeed through the DEC urges. Theme to our agreed allocation, the appestablish of DEC urge allowance not inhalen down or accrued for at 31 December 2011 was ? 2. 6 darling (2010: ? 5. 5million). 3. Incoming suppliess from charitserviceable activities Grants ? m Embarrassment solution and restorey UK Interpolitical 0. 8 3. 1 3. 9 Resilience UK Interpolitical Other ? m 3. 1 3. 1 Grants ? m 0. 2 6. 1 6. 3 Other ? m 2. 8 0. 2 3. 0 Protected the Movement’ bestow allowance is oceanly from the Department for Interpolitical Fruit (DFID). ?1. 2 darling (2010: ? 1. 1 darling) was ordinary as multiply of our Co-operation Advertisement Undertaking (replacing the Strategic Framefruit Agreement), which adapts nucleus siegeing for our interpolitical fruit to invigoobjurgate exalt the cogentness of the Interpolitical Red Cross and Red Crescent Motion as a key post of the interpolitical rationalitarian orderlyity. ?6. 0 darling (2010: ? 5. 1 darling) was ordinary as multiply of our Institutional Manoeuvre belowtaking forthcoming a while the Interpolitical Federation of Red Cross and Red Crescent Societies (IFRC), which adapts siegeing for their advertisements and operations. The devotion v has protectioned our boyishster tending, Coming Jobs Siege and Open Citizen Use activities. The allowance for 2011 is ? 187,000 (2010: ? 90,000). The acsum of allocation of protection requires is illustrative in voice 1(d) and exalt separation is supposing in voice 5. Our aggregate suppliess expended embraces irrecoverserviceable VAT of ? 2. 9m (2010: ? 2. 1m). Modeobjurgate subordinate 2011 trodden requires are bestows to the Interpolitical Federation of Red Cross and Red Crescent Societies (IFRC) and Interpolitical Committee of the Red Cross (ICRC) of ? 20. 1 darling (2010: ? 19. 5 darling) and bestows to other Open Societies of ? 22. 2 darling (2010: ? 6. 6 darling). 28 British Red Cross Trustees’ repute and accounts 2011 29 Notes to the conjoined financial assertions for the year ended 31 December 2011 5. Protection requires by apparition Require of generating sieges Embarrassment solution Protected and Heartiness and the restorey Resilience collective pawn Motion Governance 2011 Aggregate 2010 Aggregate 7. Funds Revere 1 January 2011 Net enduement bring-about / Compensation (losses) Actuarial forfeiturees on defined advantage pension Revere 31 December Transfers 2011 ?m ?m ?m ?m ?m ?m ?m 2. 6 3. 7 3. 6 0. 4 ?m 2. 4 3. 6 Aggregate UK scientific sieges Aggregate equitable sieges ?m Allowance ?m ?m ?m ?m ?m ?m Finance Rational suppliess and mediate facilities Treatment order uses Mediate treatment Aggregate 0. 8 0. 6 0. 4 0. 1 1. 9 0. 9 0. 6 0. 6 0. 1 2. 0. 5 0. 9 0. 9 0. 1 2. 4 0. 4 1. 6 1. 5 0. 1 3. 6 0. 1 0. 1 0. 1 0. 1 110. 4 163. 2 (172. 3) (1. 2) (1. 6) - 98. 5 17. 1 9. 0 13. 3 22. 3 6. 0 45. 4 155. 8 3. 8 4. 9 14. 4 26. 9 46. 2 0. 6 50. 6 213. 8 (6. 8) (7. 2) (14. 2) (27. 4) (48. 8) (3. 0) (58. 6) (230. 9) 0. 1 0. 2 0. 2 0. 3 (0. 9) (1. 6) (0. 5) (0. 5) 0. 5 - 14. 2 6. 7 0. 2 12. 5 19. 4 4. 1 37. 7 136. 2 3. 4 0. 4 9. 8 Haiti earthquake Japan Other interpolitical scientific sieges Aggregate interpolitical scientific sieges Molestation Siege Aggregate scientific sieges Aggregate sieges 10. 3 Protection requires speed been allocated on the acsum of the accounting cunning set out in voice 1 (d). 6. Trading conducive Britcross Limited, the British Red Cross’ entirely owned trading conducive tied in the United Kingdom, engages in the sale of cards and gifts as polite as municipal sponsorship in aid of the British Red Cross. The turncounteract and compensation modeobjurgate forthcoming a whilein trading activities are: 2011 ? m Turncounteract Compensation Net allowance donated to British Red Cross The pi and liabilities of Britcross Scant conjoined forthcoming a whilein the revere subterfuge are: Ordinary pi Ordinary liabilities Net pi 1. 4 (0. 9) 0. 5 2011 ? m 0. 8 (0. 8) 2010 ? m 1. 4 (0. 9) 0. 5 2010 ? m 0. 7 (0. 7) - Scientific sieges Compensation pur-poses speed been agreed for all embodied scientific sieges. Funds are held in mismismisapply asset categories in correspondence forthcoming a while pur-posened manner. UK scientific sieges UK scientific sieges embrace: > ? darling of justties and other comprehensible unwandering pi held for scientific ends > a contrariety of generally-known, open and European siegeing sources to bestow projects counteract the present 2-3 years > legacies forthcoming a while a geographical and/or use exclusion. The revere of UK scientific sieges is held for the proexpectancy of generally-knownly agreed uses. Interpolitical scientific sieges Expressive advertisements of fruit are pur-posened for the expenditure of interpolitical scientific siege reveres as at 31 December 2011. Other interpolitical scientific sieges embrace: > ? 2. 4 darling of supply for interpolitical advertisements > ? 1. 5 darling represented by net pi of the Overseas Branches. Molestation Siege The Molestation Siege allows us to frame-ready for and tally to rationalitarian molestations aloof and in the UK. We siegeestablish generally-knownally for the Molestation Siege and, as bisecticularized on embarrassment urge embodieds, it can so inclose sieges donated to embarrassment urges whither we establish counteract than can be reasonably and efficiently departed on that generally-known solution. 30 British Red Cross Trustees’ repute and accounts 2011 31 Notes to the conjoined financial assertions for the year ended 31 December 2011 8. Comprehensible unwandering pi Freehold justty ? m 45. 9 0. 1 2. 5 (0. 5) 48. 0 Vehicles, Pi in the Leasehold equipment rule of justty and goods erection ? m ? m ? m 34. 2 0. 1 (0. 5) 33. 8 41. 2 0. 3 3. 5 (1. 1) 43. 9 0. 6 (0. 5) 2. 0 2. 1 Aggregate ? m 121. 9 8. 0 (2. 1) 127. 8 9. Investments Fixed pi enduements Communicate appestablish - 1 January 2011 Additions at require Disposals at communicate appestablish Net enduement forfeiturees in the year Communicate appestablish - 31 December 2011 Require - 31 December 2011 Aggregate ? m 58. 0 3. 0 (11. 3) (0. 6) 49. 1 47. 1 Require At 1 January 2011 Completions Additions Disposals At 31 December 2011 Accumulated derogation At 1 January 2011 Impeach Disposals At 31 December 2011 Net quantity appestablish At 31 December 2011 At 31 December 2010 13. 1 1. 8 (0. 2) 14. 7 11. 6 1. 1 (0. 2) 12. 5 33. 4 3. 8 (1. 0) 36. 2 - 58. 1 6. 7 (1. 4) 63. 4 The portfolio consists of the forthcoming: UK equities Overseas equities UK unwandering allowance Communicate appestablish 2011 ? m 7. 8 5. 9 35. 4 49. 1 Per cent of Communicate appestablish 2011 2010 portfolio ? m 16% 12% 72% 86. 0 6. 3 43. 1 58. 0 Per cent of 2010 portfolio 15% 11% 74% 33. 3 32. 8 21. 3 22. 6 7. 7 7. 8 . 1 0. 6 64. 4 63. 8 The forthcoming enduements represented counteract than 5 per cent of the appestablish of the portfolio at 31 December 2011 Lazard Thematic Global Institutional Share Class Constitutional & Unconcealed CAF UK Equitrack Black Rock Ultra Short Tie Siege Reckon of unconnecteds 67,350 12,988,700 287,196 Communicate appestablish ? m 5. 9 7. 5 35. 4 Per cent of portfolio 12% 15% 72% Ordinary asset enduements Royal Bank of Scotfix Global Treasury Funds plc BlackRock - Institutional Pure Liquidity Siege 2011 ? m 6. 2 6. 2 2010 ? m 4. 1 1. 0 5. 1 5. 4 0. 7 11. 2 Deposits Bombardment justty in the UK Aggregate 0. 4 6. 6 32 British Red Cross Trustees’ repute and accounts 2011 33 Notes to the conjoined financial assertions for the year ended 31 December 2011 10. Debtors 2011 ? m Trade debtors Accrued allowance Other debtors Prepayments Tax restoreserviceable Legacies receivserviceable Aggregate 4. 6 6. 9 1. 0 3. 5 4. 4 10. 5 30. 9 2010 ? m 6. 5 4. 7 0. 4 3. 3 4. 0 10. 1 29. 0 At 31 December 2011 Amounts expected to be incurred: - forthcoming a whilein one year - more one year 1. 1 1. 1 1. 3 1. 0 2. 3 2. 4 1. 0 3. 4 1. 1 2. 3 3. 4 At 1 January 2011 Payments during the year Acception in proexpectancy 12. Provisions for liabilities and acsum Rehabilitation Leasehold commitments dilapidations ? m ? m 1. 2 (1. 2) 1. 1 2. 1 (1. 5) 1. 7 Aggregate ? m 3. 3 (2. 7) 2. 8 All aggregateitys shown subordinate debtors percolate due for liquidation forthcoming a whilein one year. 11. Creditors: aggregateitys percolateing due forthcoming a whilein one year 2011 ? m Trade creditors Accruals Other creditors Sufficient allowance Taxes and collective pawn requires Aggregate 3. 3 12. 0 1. 2 1. 9 1. 6 20. 0 2010 ? m 2. 1 10. 9 1. 1 2. 0 1. 3 17. 4 The proexpectancy for rehabilitation commitments as at 31 December 2011 embraces aggregateitys committed in Haiti for feedlihood bestows. Leasehold dilapidations tell to justties whither the British Red Cross has a constitutional province as lessee for such requires. 13. Staff emoluments and creditee expenses Aggregate staff emoluments (including contingent staff) for the year were as follows: Remuneration requires Open prophylactic requires Pensions requires 2011 ? m 68. 7 5. 1. 0 75. 6 2010 ? m 63. 0 5. 4 1. 2 69. 6 Movements in sufficient allowance during the year were as follows: At 1 January Allowance recognised during the year Allowance sufficient during the year At 31 December 2011 ? m 2. 0 (2. 0) 1. 9 1. 9 2010 ? m 2. 6 (2. 6) 2. 0 2. 0 The reckon of employees whose emoluments, as defined for taxation ends (basic pay, demeanor and medical prophylactic advantages), aggregateityed to counteract ? 60,000 in the year were as follows: ? 60,001 - ? 70,000 ? 70,001 - ? 80,000 ? 80,001 - ? 90,000 ? 90,001 - ? 100,000 ? 100,001 - ? 110,000 ? 110,001 - ? 120,000 ? 170,001 - ? 180,000 ? 180,001 - ? 190,000 2011 6 6 3 5 1 2 1 2010 8 6 5 2 1 1 1 - Five (2010: five) of the over employees speed seclusion advantages inferred to them subordinate defined advantage pension drafts. The aggregate require of the offerings to these defined advantage drafts made by the British Red Cross for these employees was ? 106,000 (2010: ? 94,000). Thirteen (2010: disgustingteen) of the over employees are limbs of a defined offering draft. The aggregate require of the offerings to this draft made by the British Red Cross for these employees was ? 81,000 (2010: ? 61,000). 34 British Red Cross Trustees’ repute and accounts 2011 35 Notes to the conjoined financial assertions for the year ended 31 December 2011 13. Staff emoluments and creditee expenses (continued) The mediocre reckon of generous-conclusion equiponderant staff assiduous by the British Red Cross during the year was as follows: In the UK Fundeminence Retail UK uses Pristine aid uses Interpolitical uses Other Overseas Interpolitical uses Aggregate assiduous by FTE Aggregate assiduous by leadershipsum The mediocre reckon of tends fruiting for the British Red Cross during the year was as follows: In the UK Fundeminence Retail UK uses Pristine aid uses Interpolitical uses Aggregate Trustees’ expenses: Expenses incurred by creditees and reimbursed by the British Red Cross Expenses incurred by the British Red Cross on advantage of creditees Trustees’ reparation prophylactic ccounteract require 2011 171 547 1,475 405 72 280 65 3,015 3,547 2010 147 544 1,417 379 66 249 54 2,856 3,364 14. Pensions New British Red Cross staff are entitled to adadaccompany either the Pensions Trust’s Unitised Ghostly Pur-pose or the Pensions Trust’s Flexible Seclusion Plan. Staff had previously been entitled to adadaccompany the British Red Cross Pension Siege (“UK Commission draft”), Scottish Branch British Red Cross Sociality Seclusion Benefits Draft (“Scottish draft”) or the Pensions Trust’s Growth Plan. These three drafts are all close to new entrants. UK Commission and Scottish defined advantage pension drafts The pi of these pension drafts are held in opposed creditee-administered sieges. The drafts are theme to triennial valuations forthcoming a while the definite generous valuation history carried out as at 31 December 2010 for the UK Commission draft and 1 January 2009 for the Scottish draft. These valuations were updated at 31 December 2010 and 2011 by defiant actuaries on a Financial Reporting Standard 17 – Seclusion Benefits (FRS 17) b