2020-12-31-accounts

DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

Registered number: 04261320 Charity number: 1102030

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES

(A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

CONTENTS

	Page
Reference and administrative details of the Charitable Company, its Trustees and	1 - 2
advisers
Trustees' report	3 - 7
Independent examiner's report	8
Statement of financial activities	9
Balance sheet	10
Notes to the financial statements	11 - 22

DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2020

Trustees

N J Credland, Chair

S Bench K Gerber V Gibson (resigned 14 September 2020) C Laws-Chapman P K McCready, Treasurer I Naldratt C Plowright A Price (resigned 14 September 2020) A Pulleyn L Stayt D Waters M Wilson

Company registered number

04261320

Charity registered number

1102030

Registered office

The Grainger Suite Dobson House Regent Centre Gosforth Newcastle upon Tyne NE3 3PF

Accountants

Ryecroft Glenton Chartered Accountants 32 Portland Terrace Jesmond Newcastle upon Tyne Tyne & Wear NE2 1QP

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Bankers

Barclays Bank Plc Newcastle City Leicester Leicestershire LE87 2BB

Lloyds Bank Plc 36 Market Street Eastleigh Hampshire S050 9YT

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

The Trustees present their annual report together with the financial statements of the Charitable Company for the year ended 1 January 2020 to 31 December 2020. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Charitable Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Structure, governance and management

l Constitution

The British Association of Critical Care Nurses is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.

The Charitable Company is constituted under a Memorandum of Association dated 30 July 2001 and is a registered charity number 1102030.

The principal object of the Charitable Company is to advance the art and science of critical care nursing, in particular, the education and training of nurses and other health care workers caring for critically ill and dependent patients for the public benefit.

l Methods of appointment or election of Trustees

The management of the Charitable Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

The National Board is elected by the membership to serve for a two-year period. Each Board Member holds a specific role and is able to stand for re-election after the two-year period of service. National Board Members come from various positions and roles within critical care and critical care education and from around the UK.

New Trustees are provided with a copy of the Memorandum and Articles of Association and are fully informed of their legal obligations under charity and company law. Trustees are encouraged to attend appropriate external courses to enable them to carry out their role.

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Structure, governance and management (continued)

l Organisational structure and decision-making policies

The management of the Charitable Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.

Details of the membership of the National Board are give on page one. They are elected by the Members of the Association at the Annual General Meeting to serve for a two-year period. Each Board Member holds a specific role and is able to stand for re-election after the two-year period of service. The Board also have two further roles being fulfilled by co-opted members. Co-opted members are able to stand for election as full members to the Board at the next available AGM. The Board meets quarterly with each meeting scheduled to last for two days and also at the National Conference. There are also opportunities for any regional committee member to attend board meetings. Board decisions are made by the majority and the Chair has the casting vote.

l Financial risk management

The Trustees have assessed the major risks to which the Charitable Company is exposed, in particular those related to the operations and finances of the Charitable Company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Objectives and activities

l Policies and objectives

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

The principal object of the Charitable Company is to advance the art and science of critical care nursing, in particular, the education and training of nurses and other health care workers caring for critically ill and dependent patients for the public benefit.

l Activities undertaken to achieve objectives

The Charitable Company promotes public benefit by providing educational and training opportunities for critical care nurses, thus ensuring that patients will receive a superior standard of care from nurses and other health care workers. As this treatment is received by those patients on the NHS, people in poverty are not excluded from the opportunity to benefit.

Achievements and performance

l Review of activities

In 2020 the organisation achieved a range of developments and activities. These include:

• Organised and hosted the 35th annual conference which was held virtually due to the COVID 19 pandemic

• Promoted international collaboration within the speciality of critical care through membership of the

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Achievements and performance (continued)

European Federation of Critical Care Nurses Associations

• Contributed where appropriate to national strategic direction of critical care nursing through participation in and feedback to organisations such as: the Department of Health’s Clinical Reference Group for Adult Critical Care; the Critical Care Leadership Forum; the UK Critical Care Nursing Alliance, Public Health England - Infections in Critical Care Quality Improvement programme, CC3N National Critical Care Competency Education Group, the National Institute of Health and Clinical Excellence and the National Confidential Enquiry into Patient Outcome and Death;

• Continued to promote and fund critical care nursing research through grants

• Continued to strengthen relationships with the regions through national board member support offered virtually

• Provide quality assurance for online study events both from BACCN and non BACCN by the review of educational material and awarding of Continuing Professional Development Points; and

• Promoted corporate partner and endorsement packages.

• Provided a COVID 19 Educational Resource area on the association’s website to share up to date information relating to critical care nursing through the global pandemic

l Investment policy and performance

The Charitable Company has an active trading subsidiary, BACCN (UK) Limited, that currently organises conferences for nurses and other health care professionals in support of the charitable company's objects. The profits of the subsidiary are gifted to the Charitable Company. The subsidiary contributed £Nil (2019: £Nil) to the Charitable Company in the year under gift aid. Further details of the performance of the subsidiary can be found in the financial statements of the subsidiary company.

Financial review

l Going concern

After making appropriate enquiries and considering the possible effects of the coronavirus pandemic, the Trustees have a reasonable expectation that the Charitable Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

l Reserves policy

The Charitable Company reviews its levels of reserves each year with the Treasurer and the National Board, in order to ensure that the level of free reserves (that is those which are not invested in fixed assets, designated for specific purposes or otherwise committed) is appropriate to meeting the Charitable Company’s needs effectively.

A sufficient level of free reserves needs to be maintained to ensure that resources are available to provide grants or scholarships as required, as well as to cover at least six months forecast costs for the national and Regional Committees. In addition, at the year end it is necessary to hold sufficient funds to finance the forthcoming Annual Conference. The treasurer and National Board consider that the appropriate level of reserves should be approximately £220,000 (2019: £200,000). This figure has increased from the previous year as future financial performance of the Charitable Company continues to be dependent on the on-going effects of the Coronavirus pandemic. This can have an impact on revenue generated from both regional events and the Annual Conference. The Trustees will continue to monitor reserves levels.

l Plans for future periods

Future goals for 2021 to:

• Continue to work with BACCN regions to progress and develop the association at both a regional and national level;

• Develop further international collaboration within the speciality of critical care by maintaining membership of the European Federation of Critical Care Nursing Association;

• Build on the success of LearnZone, BACCN online learning facility for critical care nurses, commission and upload new learning modules;

• Further strengthen our journal Nursing in Critical Care to ensure it continues to be contemporary and reflect the diverse needs of our membership through the new online only option;

• Build and maintain strategic alliances to work collaboratively with other associations in the field of critical care including the development of a critical care nursing research proposal to assess safe staffing for the delivery of nursing care for critically ill patients, evaluation of nursing dependency/activity tools and impact of the transfer of ICU nurses to general ward;s

• Further develop our innovative and high-quality conference schedule;

• Continue to support our membership through grants and learning materials;

• Strengthen relationships with the secretariat and conference services in order to ensure effective and value for money services including financial and event booking services for regions;

• Continue to build upon our successful Continuing Professional Development process to incorporate wider associations and short courses;

• Continue to support members through the difficulties of the COVID 19 pandemic and to promote safe nursing care to critically ill patients whilst being the voice of critical care nursing nationally.

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Members' liability

The Members of the Charitable Company are the original subscribers to the memorandum of association and anyone admitted as a member by the National Board and members guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up.

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Charitable Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charitable Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles of the Charities SORP (FRS 102);

• make judgments and accounting estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable Company will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charitable Company's transactions and disclose with reasonable accuracy at any time the financial position of the Charitable Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees on 13 September 2021 and signed on their behalf by:

N J Credland Chair

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Independent examiner's report to the Trustees of The British Association of Critical Care Nurses ('the Charitable Company')

I report to the charity Trustees on my examination of the accounts of the Charitable Company for the year ended 31 December 2020.

Responsibilities and basis of report

As the Trustees of the Charitable Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charitable Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Charitable Company as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charitable Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charitable Company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charitable Company and the Charitable Company's Trustees as a body, for my work or for this report.

Signed: Dated: 13 September 2021

Detlev Anderson FCA

Ryecroft Glenton

Chartered Accountants 32 Portland Terrace Jesmond Newcastle upon Tyne Tyne & Wear NE2 1QP

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2020

Note Income from: Donations and legacies 3 Charitable activities 4 Investments 5 Total income Expenditure on: Charitable activities 6 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2020 £ 5,234 161,219 574 167,027 143,361 143,361 23,666 205,757 23,666 229,423	Total funds 2020 £ 5,234 161,219 574 167,027 143,361 143,361 23,666 205,757 23,666 229,423	Total funds 2019 £ - 148,030 570 148,600 175,109 175,109 (26,509) 232,266 (26,509) 205,757

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 11 to 22 form part of these financial statements.

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee) REGISTERED NUMBER: 04261320

BALANCE SHEET AS AT 31 DECEMBER 2020

Note Fixed assets Investments 10 Current assets Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Total net assets Charity funds Unrestricted funds 14 Total funds	47,242 206,964 254,206 (24,784)	2020 £ 1 1 229,422 229,423 229,423 229,423	38,812 189,491 228,303 (22,547)	2019 £ 1
				1 205,756
				205,757
				205,757
				205,757

The Charitable Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 13 September 2021 and signed on their behalf by:

N J Credland P K McCready Chair Treasurer

The notes on pages 11 to 22 form part of these financial statements.

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. General information

The British Association of Critical Care Nurses is a private Company limited by guarantee, incorporated in England and Wales, registration number 04261320 and charity number 1102030. The address of its registered office is disclosed in the Reference and Administrative Details section of these financial statements.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The British Association of Critical Care Nurses meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The trustees have considered the effects of the coronavirus pandemic and how it is expected to affect the charitable company's financial position. The charitable company has net current assets, no requirement for external finance and it is expected that the charitable company's activities can be adapted as necessary without significant financial implications. In assessing going concern, the trustees have assumed that any deficits that might be incurred in the current year will not exceed the funds presently held and, on that basis, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

2.3 Income

All income is recognised once the Charitable Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitable Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charitable Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.

Investments in subsidiaries are valued at cost less provision for impairment.

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charitable Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

2. Accounting policies (continued)

2.10 Financial instruments

The Charitable Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charitable Company and which have not been designated for other purposes.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

	Unrestricted	Total	Total
	funds	funds	funds
	2020	2020	2019
	£	£	£
Grants	5,234	5,234	-

4. Income from charitable activities

Unrestricted funds 2020 £ Membership fees 86,890 Sponsorship income - Journal income 65,103 Corporate partner fees 7,493 CPD sales 1,733 Total 2020 161,219	Total funds 2020 £ 86,890 - 65,103 7,493 1,733 161,219

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

4. Income from charitable activities (continued)

Unrestricted funds 2019 £ Membership fees 81,413 Sponsorship income 286 Journal income 58,881 Corporate partner fees 4,916 CPD sales 2,534 Total 2019 148,030 5. Investment income Unrestricted funds 2020 £ Bank interest receivable 574 Unrestricted funds 2019 £ Bank interest receivable 570	Total funds 2019 £ 81,413 286 58,881 4,916 2,534 148,030
	Total funds 2020 £ 574
	Total funds 2019 £ 570

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

6. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted funds 2020 £ Educational and training activities 143,361 Unrestricted funds 2019 £ Educational and training activities 175,109	Total funds 2020 £ 143,361
	Total funds 2019 £ 175,109

7. Analysis of expenditure by activities

Educational and training activities Educational and training activities	Activities undertaken directly 2020 £ 95,354 Activities undertaken directly 2019 £ 115,826	Support costs 2020 £ 48,007 Support costs 2019 £ 59,283	Total funds 2020 £ 143,361
			Total funds 2019 £ 175,109

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THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

7. Analysis of expenditure by activities (continued)

Analysis of direct costs

Net expenditure/(income) of regional branches Scholarships and grants Professional journal costs Regional Engagement Costs Management charge EfCCNa subscriptions Learn Zone Net expenditure/(income) of regional branches Prizes and awards Scholarships and grants Professional journal costs Regional Engagement Costs Management charge EfCCNa subscriptions Membership secretary costs Learn Zone Corporate liaison	Educational and training 2020 £ (260) 1,641 55,411 214 34,275 2,573 1,500 95,354 Educational and training 2019 £ 3,625 1,714 4,940 57,923 647 34,950 4,777 177 5,582 1,491 115,826	Total funds 2020 £ (260) 1,641 55,411 214 34,275 2,573 1,500 95,354 Total funds 2019 £ 3,625 1,714 4,940 57,923 647 34,950 4,777 177 5,582 1,491 115,826

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

7. Analysis of expenditure by activities (continued)

Analysis of support costs

Advertising and publicity Management charge Internet, telephone and website costs Postage, stationery and storage Bank charges Travel and subsistence costs Insurance Legal and professional costs Governance costs Bad debts Advertising and publicity Management charge Internet, telephone and website costs Postage, stationery and storage Bank charges Travel and subsistence costs Insurance Legal and professional costs Governance costs Bad debts	Educational and training 2020 £ 121 34,275 2,985 2,074 2,804 458 1,327 715 2,809 439 48,007 Educational and training 2019 £ 1,171 34,950 2,198 2,643 3,180 2,071 1,289 345 11,127 309 59,283	Total funds 2020 £ 121 34,275 2,985 2,074 2,804 458 1,327 715 2,809 439 48,007
		Total funds 2019 £ 1,171 34,950 2,198 2,643 3,180 2,071 1,289 345 11,127 309 59,283

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Governance costs included above comprise:

	2020	2019
	£	£
Independent examiner's remuneration	2,145	1,995
Board meeting costs	664	9,132
	2,809	11,127
Independent examiner's remuneration Fees payable to the Charitable Company's independent examiner for the preparation and independent examination of the Charitable Company's annual accounts Fees payable to the Charitable Company's independent examiner in respect of: All other services not included above	2020 £ 2,145 355	2019 £ 1,995 345

8. Independent examiner's remuneration

9. Trustees' remuneration and expenses

During the year, a payment of £890 was made to one Trustee for non-trustee consultancy services supplied to the charity (2019 - £NIL) .

During the year, expenses totalling £ 625 were reimbursed or paid directly to 6 Trustees (2019 - £2,053 to 14 Trustees) . Reimbursed expenses were for travel to board meetings, executive meetings and meetings relating to the Trustees' role.

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

10. Fixed asset investments

Investments in subsidiary companies £ Cost or valuation At 1 January 2020 1 At 31 December 2020 1 Net book value At 31 December 2020 1 At 31 December 2019 1

Principal subsidiaries

The following was a subsidiary undertaking of the Charitable Company:

Name Company Registered office or principal Principal activity number place of business BACCN (UK) Limited 04990351 The Grainger Suite, Dobson Organisation of House, Regent Centre, Gosforth, courses for nurses Newcastle upon Tyne, NE3 3PF and other healthcare workers

Class of Holding shares Ordinary 100%

The financial results of the subsidiary for the year were:

Name	Income	Expenditure	Deficit for	Net
	£	£	the year	liabilities
			£	£
BACCN (UK) Limited	36,500	51,131	(14,631)	(29,327)

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

11. Debtors

Due within one year Trade debtors Amounts owed by group undertakings VAT repayable Prepayments and accrued income	2020 £ - 29,373 436 17,433 47,242	2019 £ 6,956 13,785 4,075 13,996
		38,812

12. Creditors: Amounts falling due within one year

Trade creditors Accruals and deferred income	2020 £ 13,971 10,813 24,784	2019 £ 8,789 13,758
		22,547

13. Financial instruments

	2020	2019
	£	£
Financial assets
Financial assets measured at fair value through income and expenditure	206,964	189,491

Financial assets measured at fair value through income and expenditure comprise bank balances.

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

14. Statement of funds

Statement of funds - current year

Balance at 1 January 2020 £ Unrestricted funds General Funds 205,757 Statement of funds - prior year Balance at 1 January 2019 £ Unrestricted funds General Funds 232,266	Income £ Expenditure £ 167,027 (143,361) Income £ Expenditure £ 148,600 (175,109)	Balance at 31 December 2020 £ 229,423 Balance at 31 December 2019 £ 205,757

15. Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted funds 2020 £ Fixed asset investments 1 Current assets 254,206 Creditors due within one year (24,784) Total 229,423	Total funds 2020 £ 1 254,206 (24,784) 229,423

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DocuSign Envelope ID: C6021A0C-CEDD-4E74-B074-8D80FB48616B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

15. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Fixed asset investments Current assets Creditors due within one year Total	Unrestricted funds 2019 £ 1 228,303 (22,547) 205,757	Total funds 2019 £ 1 228,303 (22,547) 205,757

16. Related party transactions

No related party transactions have taken place in the period under review that require disclosure in these financial statements.

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