REI GISTCRED COMPANY NUM IIIR: 02980306 (Ei iiglan(l aiiil W#lLs)
RC¢GISTCRED CHARITY NUMBER: 1072681
Truslee$' Report Aiid
UiiAu(Ilt¢d Fliiaiicilll Stiitements for the Yeai. Ci nded 31 Decelliher 2023
for
BBK Parti)eriliip
Chwleved Accountaiits
& Sthlliiory Aiiditols
l Beaiichai)Ip Coiirt
10 victo￿ Way
Barnet
Hci'ifordsl)ire
EN5 5TZ

C(Jiiteiits oftl)e Fliii)i)clal Staten)eiit5
ror tlie Year Fii(led 31 Dee¢iiiber 2023
P#ge
Trustee$, Report
* Mergy fiii(I Cmi'bon Report formiiig part of tlie Triist¢es'
Report
Indepeiid¢llt Ex*ii)Iiioi s Report
SIMleineiit of FinanLlal Acllvllle
Bmlaiice Slieet
Notes to tli¢ Fiii&nclal Slateniciits
9 10 14
D¢lalle(I St4tenienl of fi Iiifti)elal Aetlvilles
15

IFIC
Tnisle¢s' Report
for tlie Year F.iide(131 DeL'eiiib¢fft' 2023
'riie Ii'uslees Nvlio are also directoi's of the cl)cirily toi. 11)¢ piiri)oses of11)e Coii)i)i?nies ALI 2006, preseiit tl)eir repoi1 willi Il)e
rinaiiL'ial sl(Ileiiiei)Is of Ilie ehai'ily for Il)¢ yeai. ei)d¢d 31 De¢einber 2023. Tlie ti-ustee8 h1¢ ve adopled the pi'ovisioi)s of
Accounliiig and Reporting by Cliarilies.. Sialeii)cnl of Recoinilleiided Pracii¢e applicable lo cl)¢1rilies prep<lring 11)eii' i)Lcoiinis it)
nccoi'(lance willi Ilie fiiiai)eilll Rci)orliiiL' Siai)d1¢ rd api)Iic(Ible ii) Ille UK aiid Repiiblic of Ii'¢laii(l (fRS 1021 (elT¢ciiv¢ I
Jic IILiaiy 2019).
sriiucTURI, GOVEIINANCE AND MANACCMCIYI,
Govci'iilIig (loeuiiitiil
Tli¢ cliariiy is coiili'olled by it8 gov¢rnii)g docLiinei)l ai)d coiislilules i( liiniled coi))pany, liiiiited by guai?i)tee, as d¢fii)ed by
Ilie Coiiipllnies Act 2006.
REFElllI NCE AND ADMINISI'RATIVE DETAILS
Reglslercd Cnnipmiiy iiuml)er
02980306 (Ei)&ylai)d llnd Wales)
Registered Charlty iiumber
1072681
Reglslcrod omc¢
Sl Jaines Flouse
ViLdl' L,Hiic
Sl)eftield
Truslees
Dr N A Wiggleswoi'tl) Ll)air (resigi)ed 31 Dec 2023)
Mi's rj s Call TrLislee (Cl)llir sii)ce l Jan 2024)
Pi'ofessor M A CrLiickslil1 lik I'nislee aiid TreasLirer
l)I' B I,ylsy Ti'iistee aiid Secretiiry
l)I' G faliiiiy Ti'usiec
Mi, N J G J11 cob Gobtc I I'LI.8I¢c
Mrs R Mui'iiicas Trustee
Di, I, Lavigiie I'rLisI¢c
Pi'of.i)I' A J Cirisold Trustee (since l Jiiii 2n23)
Di'll .%i¢ I'diii)ft "I'i'iistees (sii)ce l .1¢1112023)
Dr C B l.. Bi'aiico foi1aleu Triislee (I'esigi)ed 31 Dec 2023)
CoJiii)niiy Seei'otayy
Di. B LJ4sy
Iiidei)eiideiit f¢ xthniliier
BBK Parli)ersl)ip
Charlered Accoiinliii)ts &
Slalulory Auditors
l B¢aLicliainp Colirt
10 victo￿ Way
Baniei
l-lenfordsl)ir¢
EN5 5TZ
Appioved by oiler of Ilie bollrd of Ii'uslees 011 3 Sepieinbei. 2024 aiid sigii¢d on ils behalf by.,
Dr B Lyisy - Secret¢iry
PagFe I

liidei)eiideiit E%aminei s Ilepoi'l to tlie Trustees or
for tlie Year i)Iled 31 Decembei. 2023
IFIC
Indti)eiident exainlner's report to thv trustees of IFIC ('tlie Conipany,)
I report lo tl)e chai'ily Ii-uslees on ii)y exaii)iiialioii ofil)e ac¢oui)ts of tlie Coiiipai)y foi. tl)e yeai. ended 31 Dec¢iiiber 2023.
Re5poiislbllilies aiid basis of report
As the charity's Ii-ustees of Ili¢ Company (aiid also its directors for the purposes of coinpany law) you arc responsible For the
preparrfilion of the accounts it) a¢cordai)c¢ willi (he requirtsnients of the Coinpani¢s A¢1 2006 ('Ihe 2006 Act,).
14aving salisfied i))yself that Il)¢ accouiils of the Coiiipany are iiot required lo be audited ui)der Parl 16 of the 2006 Act and
are eligible for ind¢p¢iidenl exaniination, I reporl in r¢specl of my examination of your charity's accthints as cari'ied out
under Section 145 of11)e Cliarilies Act 2011 {'Ihe 201 l Avl,). carrying out niy exaininalion I have followed tlie Direclions
Eiven by the Charity Coinmission uiider Section 145(5) (b) of Ihe 2011 Act.
Independent ¢xarnlncr'$ slateiiieiit
I have completed my exainini1tioi), I coiifirm Ih&l no Inallerb l)ave come 10 Iny attention in ¢onnectioii with Ilie examination
giving me cause to believe..
accounting records wcre not k.cpt li) resi)ect of th¢ Coinpany ay required by Section 386 of tlie 2006 Act. or
the accounts do not a¥cord willi Il)ose r¢cords' or
lh¢ accounts do not coinply with Ilie accountii)g requiremci)Is of Seclion 396 of the 2006 Act oilier 11)an aiiy
reqiiireinenl that th¢ accounts give a trlie ai)d fair view which is not a matter considered as part of an independ¢nl
examination. or
Ihe accounts hav¢ iiot been prepared iii accordhnce willi the Inelhods aiid prlnclples of the Slaiemeiil of
Recommei)ded Pniclice for a¢coiii)ling fiiid r¢i)orting by chai'ities (applicable to charities preparing tlieii. accounts in
a¢cordan¢e witli the I,"Inancial Reportiiig Slaiidard applicable in th¢ UK and Republic of Irelttnd (P'RS 102)).
I have no ¢oi)cerns and liov¢ comc across iio ollicr Inatlers in ¢oi)neclion will) the eYaiiiin£tlioii to wliicl) allei)tion slioiild be
drawn in 11115 report ii) order to en4ble a propcr iinder8landin8 of Ilie accoiinls lo b¢ reacl)ed,
Alan Kaye fcA
BBK Pajtnership
Chwtcred A¢coui)lants
& Stallltory Auditors
l BeDu¢hamp Court
l O Vi¢lorJ Way
Bamet
Hcitfordshire
EN5 5TZ
Dale: ..,,,,..,......,......,..
Page 2

IFIC
Sloteiiieiit of Fiiii)i)ciAI Actlvlties
foi, tlie Yellr Etided 31 Dec¢iiibei' 2023
31.12.23
Toliil
fiinds
31.12.22
'rolal
fiii)ds
Uni'esiricled
f(Inds
Restricted
rui)d
Noles
INCOME AND CNDOWMENTS I",ROM
Donalioiis aiid lebacies
25,570
25.570
7,845
XPF.NI)ITURE ON
Raising liiii(Is
43,169
43,169
24,432
NlfT INCOMFI(EXPENDITUIIE)
(17,599)
{17,599)
(16,587)
JILCONCILIATION or ruNDS
I'olul fiii)d.% bioliglil forward
64,355
64,355
80.942
TOTAL FUNDS CARIIILD foiiwAIiD
46,7.fj6
46,756
64,355
Tlie notes foi'iii part of these finai)cial Slalemei)ts
Pu&pe 3

IFIC
J3Alance Slieet
JI DeceJ))bei' 2023
11.12.23
"rol<il
Ilinds
31.12.22
Tol¢l1
riiiids
Ui restricted
Ilinds
ReslriLted
fiind
rixr.D ASSLI'S
Tai)gible assets
89
89
107
CUIIIIENT ASSEI'S
Debtors
Casli al bank
11,874
52,579
11,874
52,579
11,858
72,314
64,453
64.453
84,172
CRf.DITORS
AIiioLiiils fiillii)&y dLl¢ within oiie year
(17,786)
(17,786)
(19,924)
NET CUIIREI NT ASSETS
46,667
46,667
64,248
TOTAL ASSEI'S LFSS CURRCNT
1,1 ABI LITIEI.
46,756
46,756
64,355
NIT A,SSF.TS
46,756
46,756
64,355
FUNI)S
Uiire51ricl¢d rtinds
46,756
64,355
TOTAL FUNDS
46,756
64,355
Tlie cliarilablo Coinpaiiy is eiitil'le(I to ¢XClllPlion fi'oi)) aiidil iii)der S¢ctioi) 477 ofil)e Coi))pai)ies Act 2006 foi. Ili¢ yeai. ended
31 Deceiiiber 2023.
'lie iiicinbei's liaye iiol requii'ed the coi)IPlllly lo obiaiii ai) aiidil of ils tiiiai)cial stiiteiiieiits for Ilie year ¢iid¢d
31 Decei)Ibei' 2023 iii accordance with Seclioii 476 of Ilie L'oiiipanies Act 2006.
Tlie trustees aeknowledge Iheir respoiisibililies toi.
la)
ensLlI'lll& Ilial Ilie cliarilllble coinpni)y keeps accoLllItIll&F reco1￿5 that coiiiply witli Seclions 386 oncl 387 of Il)e
C.oniplli)ies Aci 2006 aiid
preparing fiiinnci&l statenienls wl)icli give a Inic and fair view of Ihe slate of alYAiis of tlie cliaritable company as ai
the end of each fiiian¢ial yeai. ai)d of 115 siii'pliis oi. d¢ficil toi. eacli fiiiaiiLial year in aCLordaiice with Il)e r¢(iiiiremeiil8
of Sectioiis 394 c11)d 395 and wl)ich olhei'wise coinply willi Ilie reqiiir¢iiienls of the Coiiipaiiies Act 2006 relkilin& lo
rinanci2I I slale111eiils. so far as lli)pli¢able to the charitable compai)y.
Ib)
I'l)e iiotes fonii Pii rt of tl)ese fii)aiicitil slaleiiieiits
Page 4

IFIC
Ilalaiice Sli¢el- coiilinved
31 Decenib¢J' 2023
"riiese Iii)aiicial slai¢in¢nls liave beeii preyai'ed in llc¢or(laiiLe witl) the provisioiis ai)pli¢able ro cl)al'iliible compai)ies siibjecl
lo Ihe si)iall COliiP<iiiies rcbjjiiie.
The lii)aiicinl %tAleinei)Is iveit approved by tlie Boai'(l ofTriisle¢s an(1 aiillioriscd foi. issiie 011 3 S¢pteinl)er 2024 ai)d weir
sigiicd on ils bel)alf by..
Dr N A Wigglcsworll) Cliii li. (I'esi&Jiied 31 Dee 2023)
Mrs B S Calt"I I'iislee (Clinir siiice l Jail 2024)
Profes80r M A Criiicksliaiik Ti'Eislee and I reasiirei-
DI. B Lyisy I'riislee and Secretiii'y
Dr G Faliiiiy Tnislee
Mr N J G Jacob (ioble'l'ruslee
Mrs R Marinca8 I"rLI,%l'e¢
Dr T Lavigne '] rusleL
l>i'ol'.l)r A J tii'isol(I I. riislee (sii)¢t l Jai) 2023)
Di. R Stii'd(Iiia I'i'LlSteLs {sii)¢e l .laii 2023)
Dr C B [.' Brai)co I".oi'laleza Trlislce (I'esl&)ned 31 Dee 2023)
Pagie 5

IFIC
Notes lo tlle Fin*iielMI Slateiiiet)ts
ror Ili¢ Yenr Ei iid¢d JI D¢cen)boi' 2023
ACCOUNI'IliG POLICIES
Iliisis of pi'ei)xrliikts tli¢ fiii#Ji¢ial slaleiiiLJIIs
I'he fiiii¢ ncial slaleii)eiils ol. Ilie ¢l)ai'il<ible coiiipany, wl)icli is a Pliblic benefit eiiliiy iii)Ilei' fRS 102, have bceii
prepar¢d in accordance willi tl)c Cl)clrities SORP (I,'IIS 102) 'Accoui)liiig tind Ileporliilg by Cliai'ili¢s.' Sial¢iiieiil of
Reeoiiii))eii(led Pr<iclice npplicable lo cl)cll'ilies pr¢pariiig Ili¢ii' accouiils ii) aecordance with tlie I". inanci¢il Reportin
Stand￿l.d ¢ipplicable in 11)e U K and Republic of Ii'eliii)d (FRS 102) (effcclivc l J¢inuary 2019),, Fiiiai)cial Reportiiig
Siaiidard 102 'ri)e Fii)aiicial Repoi'iii)g Siaiid41rd 47pplicablc ii) Ilie UK ai)(l Rcpiiblic ot. Ii'¢1&11)d' Ill)d Ilie Coiiipciiiies
Act 2006. 'ri)e friiiai)cial stllleiiieiils li<lve b¢en pi'epai'ed iiiidei. the l)isloi'i¢al cost coiivei)lioi),
All iiicoinc is I'ecogniscd in tl)e Staleineiil or ri inaiicial Aciivilies oiice Ilie cllariiy has eiilitlei)Iciil lo 11)e funds, it is
probable that Ilie incoiiie will be IEeeived und the aiiiounl cllii be iiica$iired Irliably.
Exi)cJidllure
LiabililiLs are recoginised as expeiiditurc as soon a8 there is a Ic&yal oi. ¢oiisli'iiclive obligalioii coiniiiilling tlie cliai'ily
to Iliat i.xpeiidiiLlI'e, li is prot)able Ililli a Ii'ai)sfer of ecoiioinic bei)cfils will be rcquired in scllleinei)l aiid Ilie ainoiinl
ofilie obligii 11011 CLII) be i)ILilSLired reliably, r,xpci)diliii'e 18 ftccoiii)le(I for ori nii ac¢i'iials basi8 aiid l)as bceii classified
Liiider l)eddiiigs Iliat aggi'egalc ull cost reliled lo ilic category. Whei'e co818 CEiiiiioI be (lii'eclly allribuled io paiXiciilHI'
headii)g5 Iliey have beei) allociiled lo activities oli a bfisis coiisisleiit willi 11)e iise of resoiii'Le.8.
T4iiiglblo nxed RS5oIs
Dei)I'eciiilioi) is piovi(li'd al Ilic followii)g ai)iiiial rales Iii order lo writ¢ off each as5el over ils esliiii&led iisefLII life,
FixlLires aiid fillii)b)%
Coiiipulei. equipii)Lni
150/0 011 I'¢diiciiig balance
25Q/ts oli r¢(ILlCilig biilniice
I'nxHIIoii
Tli¢' cl)ai'ily is exeiiipi Iroiii corpoi'lllioii lax on ils Ll)iirilfiblc aLlivilies.
Fiiiid iiecouiilliig
Uiireslricled fiinds cali be iised iii &ccoiLliiiice with tlie cliai'ilftble obj¢¢iives at11)e di5¢relioi) of tl)e Inist¢es.
Resli'ieicd lunds Lall oiily l)e use(1 for p£irtlLiilai' I'estl'icled piirposes within Ihe objecls of ilie cliorily.
al'is¢ wl)cii speLifi¥d by Ilie doiioi. or wlien fiiiids are I'aisld foi, parlicliliir r¢sli'ici¢il PLiiyoses.
Rcsii'iclions
Fuitl)ei' explai)alioii ofilie naliire anil pui'i?ose of eacli fiiiid is incltided iii Ilie noics lo Ilie financial sloteiiieiils.
Piig?e 6

Notcs ID Ilic Fii)4iielal Stalenieiils- coiiliiiiied
for the Yeai. iide(131 D¢¢eiiiber 2023
RAISING FUNDS
IIAlsli)g (loiiations aii(I logAL'ies
31.12.23
31.12.22
nsiiriince
Ti'avelliiig- Boai'd Meetings
Coiifer¢i)ces
ijic
Support Losts
1,309
3,376
13,668
5,315
19,501
1,276
7,582
15,574
43,169
24,432
NET INCOMLI{EXPENDITUIIE)
Nel iiiLoiiiel(expei)diliii'¢) is slaied aftei, cli<irgIin￿{CrediI1j)g),
31.12.23
31.12,22
Depr¢ciiilioii- owned assets
18
22
TIIUSTf.Es' RF.MUNI,:RATION ANI) IIINEFITS
Tl)cre woit iio Iriislees, I'eiiiiiiiei'alioii oi. oiliei. bei)efils for Ihc year ei)ded 31 DILcii)ber 2023 nor fL)r tlie yenr end¢(I
31 Deceinber 2022.
COMI)AIIATlVTr.s roil THE SI'ATLfvICI N'l, OF FINANCIAL Acfiv11'1r,s
Unrcblricled
t'unds
R¢slriclcd
'roial
luiids
INCOMF. AND r.NDOWMf,NTS fi11()M
Doiiiilioiis ai)Il legacies
7,845
7,845
xV￿.ND7TuRE ON
Raisin&> lunds
24,432
NFT INC'OME/(EXPINDITURE)
(16,587)
(16,587)
RECONCILIA'I'ION or FUNDS
Total fiiiids brougl)I forward
80,942
80,942
TOTAL FUNDS CARRIED foRWARD
64,355
64,35.5
Page 7

Notes lo Ilie fi intincial,Stlllenieiils- eoiitii?ue(I
rur tlie YeMI' Eii(te(131 De¢einber 2023
TANGIBLE FIXED AS,SETS
r xtures
Coiiipiiler
eqtiipiiieiil
filliiiLS
Totals
COST
Ai l J111uaiy2023 uiid 31 DeLeinb¢r 2023
1,716
2,029
3,745
I)LPRf.ClATION
Al l Jiiiuaiy 2023
Chargi¢ foi. yeai.
1,649
10
1,989
3,638
18
Al 31 DeL¢inber 2023
I,C).59
1,997
3,656
NF.T BOOI< VALUI,.
At 31 Deceiiiber 2023
57
32
89
Al 31 Deceiiibcr 2022
67
40
107
DEIITORS
31 12,23
31.12.22
AI)Ioui)Is fiillii)g> due wiiliiii one ycai.;
OIliLr dLbioi's
11,858
Aiiiouiils fiilliiigi du¢ ftfter iiiore Iliaii oi)¢ year..
'rnde (lebioi's
11,874
A&&iirgiiie aillounls
11,874
1,858
Page 8

Not¢s lo tlie fiiiAIReial Sliiteiiiciits- coi)tiiiueil
for tlIL' Yei)r Fii(IL(131 DLccnibLr 2023
CREDITORS: AMOUNTS fALLINC I)UC WITHIN ONE YEAR
31.12.23
31.12.22
Ti'fi(le credil()I's
Aeci'iials and defeii'cd ii)¢oiiie
Acci'ued expei)s¢s
4,416
11,750
1,620
16,684
3,240
17,786
19,924
MOVEMf.NT fiUNDS
Net
i)iovein¢nl
in fiiiids
Al
31112ll3
1 111123
Uiireslrietcd fiinds
GLiierril fiiiids
64,335
117,599)
46,756
TOTAL fuNDS
64,355
117,599)
46,756
Ncl i)iovei)ieiii iii Iliiids. iiiLliiiled iii the above iiir t¢%. follows.,
Rc>*OiII'C¢S
exi)ei)dcil
Movlincnl
r sour¢cs
Unrcslrlctc(I fijiids
25,570
{43,169)
(17,599)
TOTAL fuNDS
25,.$70
(43,169)
(17,599)
Conip#rMllv¢s foi. niovenioiit Iii fiiiiils
Net
i))ovci)ienl
iii lunds
Ai
31112Q2
1 111122
Uiirestrlcted fiiiids
Geiieral flinds
80,942
116,587)
64,155
TOTAL PUNDS
80,942
(1 (1,587)
64,355
Pag¢ 9

IFIC
Nol¢b lo tlie fiiiaiieial Staleiii¢iils- ('oi)tii)ue(I
ror IhL' Yeiii. fJll(led 31 DLceiiib¢r 2023
MOVEM fi Nl. IN FUNII,S- coiilli)Iic(I
Coiiii)aralive i)el Inov¢iiieiil iii ftiiids, iiiclude(l in Ilie ¢1bove arc 1( 8 folloiiis:
IIiLoining
resouires
ResoLII'CLJS
expciided
Moveiiiciit
UJ)I'estricted fiiiid5
Gcneral fiiiids
7,845
(24,432)
( IC?,587)
TOTAL fuNDS
7,845
(24,432)
(16,587)
A curiri)i yeai'12 Iiioiiilis aiid priDI' yeai'12 iiioiillis coii)bii)ed posilioii is as follows,.
Net
Ai
31112123
Ai111122
Uiirii.$lrlLted fiiiids
Gciiei'dl fiii)ds
80,942
(34,18(1)
46,756
TOI'AI, FUNDS
80,9412
(34,18() )
46.756
A ¢iii'r¢i)l ye<ll'12 iiioiillis aiid pi'ior yelli'12 Inoi)Il)s coinbined iiet iiiovciiienl iii fLiiids, iiicliidcd iii Ilie llbove are as
rolluws:
In¢oniing
resoLII'CCS
Rc8oiir¢¢s
expeii(l¢d
Moveni¢iii
in fiiiids
Uiiresli'leted fiiiids
Geiieral liii)ds
33,415
{67.C)lll )
(34,186)
TOTAL FUNDS
33,415
((17,6(11)
(34,186)
Pagye l O

Notes to Ilie fiii#iieial StAleiiiei)Is- coiitTiiiied
foi. I'lie Year F.iidc(J 311)eceiiibLr 2023
10.
RfLATfi l) I>ARTY DISCLA)SURES
Tliei'e wei'L no reliiie(I i)ai'ly transactions for the }iear ended 31 Deeeiiibei. 2023.
Page11

l)elallL'(I SlJten)eiil of fiiiaiicial Activltles
for tl)c YL'ar Cf n(Ic'd 31 DLL'eiiibcR' 2023
31.12.23
Jl,12.22
INCOME AN[) ENI)OWMfi NTS
Doiialions #ii(I legAcie5
Meinbership fees
Unirsli'iclcd Funds
MeinLKi3lilp fees - Iiidividuiils
Donalions - Unr¢sli'icied
L)oiialioiis- Rlsiricled
IPAC C'aiiad4 Scl)olai'.8hip ii)come
Oilier Iiicoit)e
4,275
2,448
303
790
330
4,583
4,589
11,792
505
3,699
100
25,570
7,845
Toliil Iiieoniliig rcsiiui'ces
25,570
7,845
,XPEINDITURE
Rmislng don&tlons iiiid Icgmcles
Travelliiig- Boai'd Mccli1i8S
Coiifcreiices
iJic
1,309
3,376
13,668
5,31.fj
1,276
7,582
23,668
8,838
Support tosts
MMI)Mgeiiiciil
Telepl)one
506
176
2,165
1,620
I,OC)7
12
10
II",IC Websit¢ exi)eiises
A¢coLiiilai)cy fees
Siippoit sei'vices
1,770
17,021
10
Loi))PLiler ¢quii)Iiieiii
18,809
15,556
i inHll¢¢
Baiik cliarges
692
18
Toliil resoiiires expended
43,169
24,432
Net expendllure
(17,599)
(16,587)
Tliis i)ag¢ does iiol toiin pai% of Ilie slalulory friiiancial slllieinenls
Page12