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2025-12-31-accounts

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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 2025

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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 - 9
Statement of financial activities 10
Balance sheet 11
Notes to the financial statements 12 - 23

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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 2025

Trustees

I Naldrett, Chair L O Awotedu S Bench (resigned 8 October 2025) A Douglas (formerly A Pulleyn) K Gerber N Lee P K McCready, Treasurer F Monteiro L Stayt R Sumnall D Waters

Company registered number

04261320

Charity registered number

1102030

Registered office

Unit 14, The Stottie Shed Baker's Yard Christon Road Gosforth Newcastle upon Tyne NE3 1XD

Accountants

Kinnair Associates Limited Chartered Accountants Aston House Redburn Road Newcastle upon Tyne NE5 1NB

Page 1

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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 2025

Bankers

Barclays Bank Plc Newcastle City Leicester Leicestershire LE87 2BB

Lloyds Bank Plc 36 Market Street Eastleigh Hampshire S050 9YT

Page 2

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

The Trustees present their annual report together with the financial statements of the Charitable Company for the year from 1 January 2025 to 31 December 2025. 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.

Objectives and activities

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.

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 of the NHS, people in poverty are not excluded from the opportunity to benefit.

Achievements and performance

Review of activities

In 2025 the organisation achieved a range of developments and activities. These include:

Page 3

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance (continued)

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. When there are accumulated profits of the subsidiary these are gifted to the Charitable Company. The subsidiary contributed £8,428 (2024: £68,562) 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

Going concern

After making appropriate enquiries 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.

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 £200,000 (2024: £200,000). This figure is in line with previous years as financial performance of the Charitable Company remains relatively stable. The Trustees will continue to monitor reserves levels.

Page 4

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

Constitution

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

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.

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 Trust deed.

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 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.

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 given 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.

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.

Page 5

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Plans for future periods

Future Goals for 2026 to:

Ian Naldrett has continued as the Chair of the Organisation.

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.

Page 6

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

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:

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 May 2026 and signed on their behalf by:

I Naldrett Chair

Page 7

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

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 2025.

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

Since the Charitable Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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.

Page 8

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

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: 29 May 2026 Detlev Anderson FCA

Kinnair Associates Limited

Chartered Accountants Aston House Redburn Road Newcastle upon Tyne NE5 1NB

Page 9

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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 2025

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
2025
£
8,458
274,714
5,610
288,782
177,863
177,863
110,919
479,070
110,919
589,989		 Total
funds
2025
£
8,458
274,714
5,610
288,782
177,863
177,863
110,919
479,070
110,919
589,989		 Total
funds
2024
£
68,562
243,766
1,522
313,850
178,724
178,724
135,126
343,944
135,126
479,070

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

The notes on pages 12 to 23 form part of these financial statements.

Page 10

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

BALANCE SHEET AS AT 31 DECEMBER 2025

Note
Fixed assets
Investments
10
Current assets
Debtors
11
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
12
Net current assets
Total net assets
Charity funds
Unrestricted funds
14
Total funds		 54,469
559,505
613,974
(23,986)		 2025
£
1
1
589,988
589,989
589,989
589,989		 122,201
408,975
531,176
(52,107)		 2024
£
1
1
479,069
479,070
479,070
479,070

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 May 2026 and signed on their behalf by:

I Naldrett P K McCready Chair Treasurer

The notes on pages 12 to 23 form part of these financial statements.

Page 11

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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.

These financial statements are in respect of the Charity only. The Charity is not required to prepare group accounts as the group headed by it is a small group.

The financial statements are presented in pounds Sterling and rounded to the nearest pound.

2.2 Going concern

The Trustees have a reasonable expectation that the Charitable Company has adequate resources to continue in operational existence for the foreseeable future. The Charitable Company has net current assets and no need for finance. Based on this the Trustees continue to adopt the going concern basis of accounting in preparing the 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.

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

Page 12

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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.

Page 13

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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
funds
2025
£
Donations
8,458
Unrestricted
funds
2024
£
Donations
68,562		 Total
funds
2025
£
8,458
Total
funds
2024
£
68,562

Page 14

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

4. Income from charitable activities

Unrestricted
funds
2025
£
Membership fees
83,110
Sponsorship income
4,264
Journal income
171,514
Corporate partner fees
15,826
-
Total 2025
274,714
Unrestricted
funds
2024
£
Membership fees
79,208
Sponsorship income
3,463
Journal income
150,299
Corporate partner fees
10,796
Total 2024
243,766
5.
Investment income
Unrestricted
funds
2025
£
Bank interest receivable
5,610		 Total
funds
2025
£
83,110
4,264
171,514
15,826
-
274,714
Total
funds
2024
£
79,208
3,463
150,299
10,796
243,766
Total
funds
2025
£
5,610

Page 15

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

5. Investment income (continued)

Unrestricted Total
funds funds
2024 2024
£ £
Bank interest receivable 1,522 1,522

6. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2025
£
Educational and training activities
177,863
Unrestricted
funds
2024
£
Educational and training activities
178,724
Analysis of expenditure by activities
Activities
undertaken
directly
2025
Support
costs
2025
£
£
Educational and training activities
117,154
60,709		 Total
2025
£
177,863
Total
2024
£
178,724
Total
funds
2025
£
177,863

7. Analysis of expenditure by activities

Page 16

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

7. Analysis of expenditure by activities (continued)

Activities
undertaken Support Total
directly costs funds
2024 2024 2024
£ £ £
Educational and training activities 116,758 61,966 178,724

Analysis of direct costs

Expenditure of regional branches
Scholarships and grants paid to individuals
Professional journal costs
Regional engagement costs
Management charge
Professional subscriptions
Secretary costs
Commission
Total 2025
Expenditure of regional branches
Awards and prizes
Scholarships and grants paid to individuals
Professional journal costs
Management charge
Professional subscriptions
Total 2024		 Educational
and training
2025
£
7,920
10,425
42,187
229
42,880
11,330
600
1,583
117,154
Educational
and training
2024
£
7,125
272
23,246
40,000
42,047
4,068
116,758		 Total
funds
2025
£
7,920
10,425
42,187
229
42,880
11,330
600
1,583
117,154
Total
funds
2024
£
7,125
272
23,246
40,000
42,047
4,068
116,758

Page 17

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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
Training costs
Total 2025
Management charge
Internet, telephone and website costs
Postage, stationery and storage
Bank charges
Travel and subsistence costs
Insurance
Legal and professional costs
Governance costs
Training costs
Total 2024		 Educational
and training
2025
£
2,155
42,880
2,160
53
2,408
(21)
1,735
1,113
8,031
195
60,709
Educational
and training
2024
£
42,047
3,552
137
2,373
2,610
1,703
513
6,816
2,215
61,966		 Total
funds
2025
£
2,155
42,880
2,160
53
2,408
(21)
1,735
1,113
8,031
195
60,709
Total
funds
2024
£
42,047
3,552
137
2,373
2,610
1,703
513
6,816
2,215
61,966

Page 18

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

THE BRITISH ASSOCIATION OF CRITICAL CARE NURSES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Governance costs comprise:

Independent examiner's remuneration
Board meeting costs		 2025
£
2,730
5,301
8,031		 2024
£
2,650
4,166
6,816

8. Independent examiner's remuneration

2025 2024
£ £
Fees payable to the Charitable Company's independent examiner for the
preparation and independent examination of the Charitable Company's
annual accounts 2,730 2,650
Fees payable to the Charitable Company's independent examiner in
respect of:
All other services not included above 520 500

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 December 2025, expenses totalling £ 2,328 were reimbursed or paid directly to 10 Trustees (2024: £ 1,802 to 6 Trustees) . Reimbursed expenses were for travel to board meetings, executive meetings and meetings relating to the Trustees' role.

Page 19

Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

10. Fixed asset investments

----- Start of picture text -----
Investments
in
subsidiary
companies
£
Cost or valuation
At 1 January 2025 1
At 31 December 2025 1
Net book value
At 31 December 2025 1
At 31 December 2024 1
----- End of picture text -----

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 Unit 14 the Stottie Shed, Baker's Organisation of Yard Christon Road, Gosforth courses for nurses Newcastle upon Tyne NE3 1XD and other healthcare workers

Class of Holding shares Ordinary 100%

The financial results of the subsidiary for the year were:

Name Income Expenditure Profit for Net assets
£ £ the year £
£
BACCN (UK) Limited 259,447 (261,297) (1,850) 4,837

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Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

11. Debtors

Due within one year
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income		 2025
£
-
3,720
50,749
54,469		 2024
£
53,837
10,075
58,289
122,201

12. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 2025
£
8,520
3,945
1,583
9,938
23,986		 2024
£
19,779
4,108
66
28,154
52,107

13. Financial instruments

2025 2024
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 559,505 408,975

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

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Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

14. Statement of funds

Statement of funds - current year

Balance at 1
January
2025
£
Unrestricted funds
General funds
479,070
Statement of funds - prior year
Balance at
1 January
2024
£
Unrestricted funds
General funds
343,944		 Income
£
Expenditure
£
284,608
(173,689)
Income
£
Expenditure
£
310,460
(175,334)		 Balance at
31
December
2025
£
589,989
Balance at
31
December
2024
£
479,070

15. Analysis of net assets between funds Analysis of net assets between funds - current year

Unrestricted
funds
2025
£
Fixed asset investments
1
Current assets
613,974
Creditors due within one year
(23,986)
Total
589,989		 Total
funds
2025
£
1
613,974
(23,986)
589,989

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Docusign Envelope ID: 814C0DC6-9140-8E53-81F5-2E57BF51E73B

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

15. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Fixed asset investments
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
1
531,176
(52,107)
479,070		 Total
funds
2024
£
1
531,176
(52,107)
479,070

16. Related party transactions

The Charitable Company received a gift aid donation of £8,428 (2024: £68,562) from its 100% owned subsidiary BACCN (UK) Limited and was owed £3,720 (2024: £10,075) at the year end.

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