Amended ANNUAL REPORT & Financial Statements 2024 - 2025
Approved by the AfN Trustees 13th November 2025
Table of CONTENTS 03 Administrative details 04 Forewords 05 Our work for public benefit 08 Recognising our volunteers 10 Governance and responsibilities 11 Our strategic activities 20 Our future plans 21 Financial reports and policies
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“I The Trustees of the Association, who are the company directors for the purposes of company law, present to you their report and financial statements for the year ended 31st March 2025.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006, the Charities Act 2011, Financial Reporting Standard 102 and the SORP charity reporting requirements (2015).
The Trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit.
The 2024-2025 Trustees' Annual Report was approved by the Council of the Trustees on the 13th November 2025.
Administrative Details
Registered Address
c/o MJB Avanti Office 12 Epsilon House West Road, Ipswich Suffolk, IP3 9FJ
Registered Charity
1136624
Company Number 6488331
A not-for-profit organisation, registered as a charity and a company limited by guarantee
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Dr Alison Tedstone MBE RNutr FFAfN, AfN President & Chair of Council
It is a privilege to present the Annual Report on behalf of the Council of the Association for Nutrition (AfN).
As a dedicated organisation focused on delivering public benefit, I extend my heartfelt appreciation to our trustees, volunteers, staff, and registrants whose efforts have been essential to our achievements this year.
With the conclusion of our 2020-25 strategic plan, we are excited to shape our future direction as we set our sights on the period leading up to 2030.
We look forward to continuing our work, providing public benefit through ensuring and supporting the safe, effective and ethical practice of our registrants.
Helen Clark, AfN Chief Executive
It remains a privilege and pleasure to work with AfN and the wonderful profession of registered nutritionists.
2025 marks the end of one strategic plan period and the start of the next. Reflecting on our progress over the last five years, I am so grateful to the team of staff and volunteers who have delivered new services and resources to support our registrants to maintain and develop their expertise, and to ensure public protection through promoting the safe, effective and ethical practice of our registrants.
This work has laid strong foundations to underpin our future as we pursue our aspirations for the coming years.
I am grateful for your continued support as we embark on the next exciting period of our organisation’s journey.
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Our work for public benefit
The Association for Nutrition (AfN) is a charitable company limited by guarantee, having no share capital. Members of Council are the members, trustees and directors of the Association and have a liability not exceeding £1 each.
The charitable company is governed by its Articles of Association and subsidiary Rules.
The Association holds an Annual General Meeting (AGM), with annual Council elections for terms of office of three years.
The Council met three times in the year to 31st March 2025.
Council is advised by standing committees and ad hoc working groups and task and finish groups.
All trustees give their time freely and no trustee remuneration was paid in the year.
Trustees are required to disclose all relevant interests and register them with the Chief Executive and, in accordance with AfN policy, withdraw from decisions when a conflict of interest arises.
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Our Charitable Objects
As a registered charity we have three charitable objects which have public benefit at their heart, and form the foundation of all our activities.
To promote the health of the public by the promotion and maintenance of high standards of practice among, and the regulation of, nutritionists.
To advance the study and practice of nutritional science and medicine.
To advance the education of the public and to promote research for the public interest in the field of nutrition, health and allied subjects.
Our Vision
Everyone is empowered to improve health and wellbeing through nutrition grounded in science.
Our Values
We are a transparent, approachable and fair regulator, acting with integrity to protect the public.
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Our Strategy
Our Strategic Plan 2020-2025 focuses on four strategic outcomes that we believe are core to the achievement of our vision.
Strategic Outcome One
Everyone recognises the value of the nutrition profession and the essential role of AfN and its register (The UKVRN - UK Voluntary Register of Nutritionists).
Strategic Outcome Two
We have high standards for education, training and practice, developed through stakeholder engagement.
Strategic Outcome Three
AfN competencies are recognised as the standard for the regulation of nutritionists in the UK and beyond.
Strategic Outcome Four
Our registrants are supported to be effective through clear guidance, a CPD framework and robust regulation.
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Recognising Our Volunteers
The contribution our volunteers make to the achievement of our charitable objectives is enormously valued and is central to both our work and achievements.
Our volunteers are made up of both non-registrants and Registrants, all of whom freely give their time, support and expertise to help us achieve our vision and deliver our ambitious programme of work.
We are delighted to have had over 150 dedicated volunteers supporting the organisation. These include:
Trustees and Council Officers
Ms S Bailey
Ms L Horder
Dr D Bhakta RNutr
Dr R Hughes
Dr B Buczkowski RNutr FAfN Prof J Murphy RNutr
Ms S Canet
Mr S Ogden
Dr M Clegg RNutr
Ms M Papagiannaki RNutr
Dr A Collins RNutr
Ms L Street RNutr
Ms J Frew
Dr A Tedstone MBE RNutr FFAfN
Ms Z Griffiths RNutr FAfN
Dr F Tsofliou RNutr
Ms C Hislop RNutr
Mr M Webster
th
Office held during 2024-2025 FY or on 13 November 2025
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103 Committee, Working Group and Task & Finish Group Members
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Accreditation (degrees)
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Business Planning and Governance
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Non-Degree Quality Assurance
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Fellows' Nomination
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Finance
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Medical (Nutrition) Education
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Registration
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ANutr Development Framework
26 Regional and National Representatives
London & South East
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South West
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Wales
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Ireland
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Scotland
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North West
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East Midlands
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West Midlands
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Yorkshire & The Humber
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East of England
79 Assessors
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Degree Accreditation
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Course Certification
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CPD Endorsement
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Education & Nutrition Resource Hub
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Fellows' Nominations
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UKVRN Registration
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CPD Reviews
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Governance and Responsibilities
The Association for Nutrition (AfN) has a wellstructured governance system that ensures effective leadership and management of the organisation.
The Articles of Association and subsidiary rules detail the appointment procedures for Trustees, Officers and Committee Chairs. Trustees are provided with induction packs and access to charity trustee training.
Our Trustees are collectively responsible for setting the AfN's vision and strategic objectives, ensuring these are in line with our charitable objects. The Executive (staff) are subsequently charged by the Trustees to manage and deliver the agreed activities. This division of duties allows for efficient execution of the AfN's mission, pursuit of the organisation’s charitable goals and the maintenance of proper oversight.
Trustee Responsibilities
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To put public benefit at the forefront of any decisions and activities undertaken.
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To set the strategic goals and direction of the charity in order to further or support its charitable objectives.
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To comply with statutory accounting and reporting requirements
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To declare any potential Conflicts of Interest.
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To abide by a Code of Conduct; giving enough time, thought and energy to the role and related training activities.
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To make decisions and act in the best interest of the charity and public, ensuring assets and resources are used responsibly to support and perform the charity's purposes.
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To ensure compliance with governance and legal requirements To act with reasonable care and skill.
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Our Strategic Activities
To support the achievement of our four strategic outcomes and our charitable objects we undertake a variety of activities each year.
Over the next few pages, we provide details of some of the main activities we have undertaken during the period of 1st April 2024 to 31st March 2025.
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Registration of professionals who are qualified and competent in nutrition
Our Register continues to benefit the public, employers, and colleagues by providing an easily accessible and searchable online database of nutrition professionals who have demonstrated their adherence to the high standards of UKVRN registration required for registration as a Registered Associate Nutritionist (ANutr) Registered Nutritionist (RNutr).
During this reporting period:
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Revised RNutr Registration Competencies came into effect on 1st April 2024, with updated guidance published for those applying for RNutr registration via the Portfolio, Experience of Evidence-Based Nutrition (EEBN) and Transfer pathways.
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Ahead of the revised ANutr Registration Competencies coming into effect in April 2025, activities were undertaken to support applicants and assessors. These included providing additional zoom clinics for applicants, updating and simplifying applicant guidance resources.
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To support the efficiency of our portfolio assessment operations, we increased the number of assessor resources and delivered a training day for registration assessors that focused on the key changes to the competencies and assessment forms.
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We delivered ANutr portfolio application clinics and ethical practice sessions to university students studying nutrition science, and to nutrition teams with UK organisations across a variety of different employment sectors, as well as continuing to provide monthly Zoom clinics for those applying for registration and for current registrants with continuing professional development (CPD) queries.
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Three new Registration Assessors successfully completed their training and joined the assessor pool.
To ensure our registrants are fully supported to practice professionally and safely, updates were made to registrants’ Standards of Ethics, Conduct and Performance, communicated to registrants in January.
To provide the public with confidence that registrants maintain and enhance their knowledge, understanding and skills, we updated our registrants’ CPD requirements and audit guidance document. We also provided registrants with additional resources to support them with their CPD planning, recording and reflection. To support the administration and communication of the annual audit of registrants’ CPD records, we moved the audit selection points from the end of the April and October renewal periods to one single-audit selection point in January. 5157 Registrants | (on 31 Mar 2025)
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To support the administration and communication of the annual audit of registrants’ CPD records, we moved the audit selection points from the end of the April and October renewal periods to one single-audit selection point in January.
277
Voluntarily Suspended
1156
Applications Received
(e.g. on parental leave, ill health, return to study)
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Supporting the development of professional practice skills and confidence in early career professionals
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Self-directed mentoring training, guidance and resources were made available to RNutr registrants, with 45 individuals completing the training component during the reporting period.
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Registrant profiles were updated to enable RNutr registrants to specify if they are willing to provide mentoring to ANutrs in respect to Professional Practice, Careers or Transfer.
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To facilitate access to mentoring support for ANutrs as they are at the early stages of their careers and developing their professional practice skills, a group mentoring programme was established. This provides two free, online group sessions a month, with the focus of the discussion changing each month.
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20 RNutrs who had completed the mentoring training kindly volunteered to facilitate sessions, with topics so far ranging from independent practice challenges to social media usage, and finding CPD to navigating issues within healthcare.
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Quality Assurance of Learning
Degree Programme Accreditation
A pilot of the revised application and reaccreditation process, incorporating the 2025 Accreditation Standards and ANutr Registration Core Competencies, was completed and the updated processes implemented.
Realignment of degree programmes to the revised 2025 Accreditation Standards and ANutr Registration Core
Competencies has been progressed, with 10 programmes approved through via annual review, 16 through the early adopters’ scheme and a further 18 early adopter reviews in progress.
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This reporting period saw two committee members and two assessors conclude their appointments. This coincided with the recruitment of three new committee members and the assessor pool increase by six.
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There were 107 accredited degree programmes during the financial year that have trained or are training students to meet all of the competency requirements for registration as an ANutr and
eligibility criteria to apply via the direct entry pathway.
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62.6% 37.4%
Undergraduate Postgraduate
Split of accredited degree programmes by level
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CPD Endorsement
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Continuing Professional Development (CPD) is vital for UKVRN registrants to maintain their professional
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competence, representing an ongoing commitment that ensures Registered Nutritionists and Registered Associate Nutritionists remain abreast of developments in their field and refine their skills.
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To support registrants in choosing high-quality CPD, we continue to operate a CPD Endorsement Scheme, whereby training providers submit their activities for independent quality assurance to determine their quality and suitability for registrants.
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This reporting period oversight of the CPD Endorsement Scheme moved to the newly formed Quality Assurance (Non-Degree) Committee. Three new assessors have been recruited and undertaking training.
Areas Addressed By Endorsed CPD Activities
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150
100
50
0
Health & Wellbeing
Number of endorsed activities
available during year for registrants
Social &
Conduct & Behaviour
Food Systems Performance Science & Research Skills
Professional and Ethical Standards
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Competency/Standard Area Addressed by Activity
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Course Certification for Below-Degree Level Training in Nutrition Essentials for the Non-Nutritionist Workforce
Many professionals within the broader workforce do not need the extensive expertise of a registered nutritionist (ANutr or RNutr); however, having a basic understanding of nutrition science can help them guide the public toward trustworthy and accurate nutrition information.
To assist learners in identifying training that is evidencebased and suitable for both their sector and level of activity, we continue to run a Course Certification quality assurance scheme. The training is assessed against frameworks for fitness & leisure, catering, and the health & social care sectors.
Whilst completing a certified course does not provide the learner with a professional title, AfN Certified Courses and Curricula provide evidence-based foundational knowledge and can enhance learners CVs. The scheme also provides learners and employers with reassurance that the training has been independently assessed by those with expertise within the field of study.
Certified Courses by Assessment Framework
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32% Catering Sector Framework
50% Fitness & Leisure Sector Framework
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18%
Health & Social Care Sector Framework
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Fitness to Practise
During the period of this report, there were eleven fitness to practise concerns reported to AfN.
Two of these concerns were related to the practice of individuals who were not UKVRN registrants and could not therefore be investigated. Advice was provided to the complainants on alternative pathways for raising their concerns.
The remaining nine concerns related to UKVRN registrants and were within our remit to investigate.
Two cases related to information posts on social media. These were immediately removed by the individuals, and the cases were closed with the registrants undertaking reflection and further CPD.
Three cases related to the advertising of services or products on websites and social media accounts. One case was closed as an initial investigation identified there was no case to answer. The remaining two cases were closed following the prompt amendment of the post wording, so as to remove ambiguity and ensure alignment with the UKVRN Standards of Ethics, Conduct and Performance.
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One case related to a recently qualified registrant infringing the intellectual property of another registrant. The case was closed prior to the investigation stage, as the two registrants corresponded directly, misunderstandings of the new graduate were addressed and the issue promptly rectified.
At the end of this reporting period, three cases remained under investigation and will be reported in the next annual report.
To provide the public, policy makers, employers and professionals with further confidence in the robustness and independence of our Fitness to Practise processes, the recruitment of a new Fitness to Practice Referral Panel has begun during this reporting period.
This panel, which has majority lay membership, will review cases to determine their referral to an Investigation Panel Review, provide an independent review of all early-stage decisions, and provide recommendations to the AfN Council on areas where additional guidance could support the continued safe, effective and ethical practice of registrants, and their upholding of all UKVRN standards.
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Future Plans
To increase awareness of our activities and the impact of registered nutritionists’ work in providing public benefit, we will continue to increase our online presence, utilising the dissemination opportunities provided by social media channels.
As we come to the end of the 2020-2025 Strategic Plan period, the trustees are reviewing our strategic plans and holding an open consultation to enable the next strategic plan for be finalised and provide a roadmap to 2030.
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: Financial x > Reports and Policies Over the next few pages, we provide copies of our financial reports for the period of 1st April 2024 to 31st March 2025. We also present our financial policies in respect to reserves and investments, which were reviewed and agreed by the Board of Trustees on 26th June 2025.
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Financial Review
Income
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Registration income for financial year 2024 - 25 was 9% over budget (£45K) and £38K higher than at the previous year-end.
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Accreditation income during the financial year was broadly in line with the out-turn for the previous financial year assisted by increased accreditation applications and despite decreased CPD receipts.
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Other income during the financial year, mainly bank interest totalling £28.5K, was £11K higher than in 2023 – 24 and £8K over budget. Certification income was £1K over budget.
Expenditure
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Overall expenditure year-on-year was marginally higher than in 2023 - 24 but £74K under budget.
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No FTP costs were incurred during the period for the second consecutive year.
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Project expenditure, and Council costs were, collectively, £33K under budget.
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Professional Fees during the period were £22K lower than budget due to anticipated costs not being incurred.
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Overview
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Total income during the financial year was £46K higher than at the previous year-end and £60K over budget.
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Whilst total expenditure was £11K higher than in the previous year, the annual financial accounts for 2024 - 25 show a surplus of £174K at the year-end - £135K over budget.
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The level of AfN’s cash inflow during the financial year was £186K (2024 - £78K). At the year-end AfN’s cash resources had increased to £1.05 million.
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Shortly before the end of the 2024 - 25 financial year, the 5 year lease on the AfN office in central London expired and it was decided that the lease would not be renewed and, in future, all staff would work remotely.
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Apart from the obvious cost savings that will be realized in financial year 2025 - 26, some historic provisions and accruals appertaining to the lease and other undertakings that had been posted in recent years were no longer considered to be on-going liabilities and, consequently, they were ‘reversed’ in the yearend accounts.
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Reserves Policy Reviewed and approved by Council 26th June 2025
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AfN holds Reserves in order to ensure that it is able to continue to deliver its services in regard to its charitable objects in the event of something unexpected happening that leads to a temporary reduction in income.
Holding Reserves also supports the management of risk which the Association may face and ensures that potential liabilities can be discharged.
The Association’s Trustees hereby confirm that:
The AfN Reserves Policy has been based on the Trustees’ knowledge of the risks, obligations and opportunities that the organisation does or could face.
Trustees have regularly reviewed risks and have taken appropriate mitigating action. As a result, they have a thorough understanding of the risks which may impact the Association.
Trustees are satisfied that the financial information with which they have been furnished has fully informed their understanding of the financial position of the organisation.
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Reserves Policy (cont.) Reviewed and approved by Council 26th June 2025
Trustees are confident that the level of Reserves which has been determined is rational, adequate and appropriate for the Association needs.
The Trustees have agreed to maintain reserves at a level of no less than £150,000. The level of Reserves has been determined in order to provide the capacity to resolve an adverse situation once or before it occurs. It takes into account the current risks to the organisation and the potential impact of unforeseen events.
Requisite consideration has been given to the impact of both over-reserving as well as the danger of under reserving.
The Reserves Policy has been quantified to meet the working capital needs of the Association
Reserves will not be utilised to fund the acquisition of fixed assets.
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The Association is totally committed to providing public benefit and the Reserves Policy embodies the sustainability of that pre-eminent objective.
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Investment Policy Reviewed and approved by Council 26th June 2025
Funds not currently required for operational or developmental purposes in the short or medium-term are held in bank deposit accounts with either a mainstream provider (i.e., one of the UK national banks) or, if of financial benefit (lower risk or higher returns), with a mainstream UK based provider of deposit accounts or bonds.
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Approval to open a new account with a mainstream UK-based provider of deposit accounts, short-term corporate bonds, UK Government Securities or common investment funds requires the approval of Finance Committee.
Cash to meet working capital needs will be held with our main bankers to provide security unless it can be demonstrated that a mainstream UKbased provider of deposit accounts, short-term bonds or medium term collective investments can offer either lower risk or higher returns, in which case surplus funds will be placed with such a provider.
Cash balances will be reviewed on a quarterly basis by the AfN Finance Manager in consultation with the Chief Executive and reported in a note accompanying the quarterly management accounts.
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Investment Policy (Cont.) Reviewed and approved by Council 26th June 2025
The Finance Manager will subsequently make recommendations to the Chief Executive regarding the movement of funds within existing accounts or invested in longer-term instruments as appropriate and necessary.
A full review of AfN’s investments will be prepared annually and then considered and approved by both Finance Committee and Council.
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Bankers
NatWest Bank
Charing Cross: London Branch, PO Box 113, Cavell House, 2a Charing Cross Road, London, WC2H 0PD
Metro Bank
One Southampton Row, London, WC1B 5HA
Unity Trust Bank
PO Box 7193, Planetary Road, Willenhall, WV1 9DG
Report Approval
The Trustees of the Association for Nutrition confirm that they have had regard to the guidance issued by the Charity Commission on public benefit.
The Trustees' Annual Report was approved by the Council of Trustees on 13th November 2025.
Dr Alison Tedstone MBE RNutr FFAfN President and Chair of Council
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Independent Examiners Report
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2025.
Responsibilities and Basis of Report
As the charity’s trustees of the Company (and also 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 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 your charity’s accounts as 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 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 a member of Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
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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:
Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act
The accounts do not accord with those records
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
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.
Zara Rodwell, FMAAT AATQB ACIPP Maurice J. Bushell & Co. Ltd, Office 12, Epsilon House West Street, Ipswich, Suffolk, IP3 9FJ 18thNovember 2025
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st
Statement of Financial Activities for the Year Ended 31 March 2025
(including income and expenditure account)
| NOTES | UNRESTRICTED FUNDS (£) |
RESTRICTED FUNDS (£) |
2025 TOTAL (£) |
2024 TOTAL (£) |
|
|---|---|---|---|---|---|
| INCOME | |||||
| Charitable activities | 2 | 624,558 | - | 624,558 | 588,882 |
| Investments | 3 | 28,514 | - | 28,514 | 17,860 |
| TOTAL INCOME | 653,072 | - | 653,072 | 606,742 | |
| EXPENDITURE | |||||
| Charitable activities | 4 | 479,059 | - | 479,059 | 491.719 |
| TOTAL EXPENDITURE | 479,059 | - | 479,059 | 491.719 | |
| NET INCOME | 174,013 | - | 174,013 | 115,023 | |
| Total funds brough forward | 666,882 | - | 666,882 | 551,859 | |
| 840,895 | - | 840,895 | 666,882 |
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Balance Sheet as at 31st March 2025
| NOTES | 2025 (£) |
2024 (£) |
|
|---|---|---|---|
| TANGIBLE FIXED ASSETS | |||
| Fixed assets | 5 | 2,974 | 6,131 |
| 2,974 | 6,131 | ||
| CURRENT ASSETS | |||
| Stock | 0 | 0 | |
| Debtors | 6 | 19,882 | 30,489 |
| Cash at bank and in hand | 1,005,149 | 818,913 | |
| 1,025,031 | 849,402 | ||
| CURRENT LIABILITIES | |||
| Falling due within one year | 7 | (187,110) | (188,651) |
| NET CURRENT ASSETS | 837,921 | 660,751 | |
| NET ASSETS | 840,895 | 666,882 | |
| Financed by: | |||
| Restricted funds | 0 | 0 | |
| Unrestricted funds | 8 | 840,895 | 666,882 |
| TOTAL FUNDS | 9 | 840,895 | 666,882 |
The trustees acknowledge their responsibilities for:
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as At the end of each financial year and of its surplus or deficit in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006.relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard FRS102.For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with s.476 of the Companies Act 2006.
The financial statements were approved by the Board of Trustees on 13th November 2025.
Signed on behalf of the Trustees:
Prof J Murphy (Honorary Treasurer)
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Cash Flow Statement for Year Ended 31st March 2025
| 2025 (£) 2024 (£) SURPLUS FROM OPERATING ACTIVITIES 174,013 115,023 ADJUSTED FOR: Depreciation 3,157 3,886 Decrease (increase) in receivables 10,607 (5,626) Increase (decrease) in payables (1,541) (31,631) Purchase of fixed assets 0 (3,450) NET CASH FROM ACTIVITIES 186,236 78,202 INCREASE (DECREASE) IN CASH BALANCES Cash at start of year 818,913 740,711 Cash at end of year 1,005,149 818,913 CASH INFLOW 186,236 78,202 |
2025 (£) 2024 (£) SURPLUS FROM OPERATING ACTIVITIES 174,013 115,023 ADJUSTED FOR: Depreciation 3,157 3,886 Decrease (increase) in receivables 10,607 (5,626) Increase (decrease) in payables (1,541) (31,631) Purchase of fixed assets 0 (3,450) NET CASH FROM ACTIVITIES 186,236 78,202 INCREASE (DECREASE) IN CASH BALANCES Cash at start of year 818,913 740,711 Cash at end of year 1,005,149 818,913 CASH INFLOW 186,236 78,202 |
2025 (£) 2024 (£) SURPLUS FROM OPERATING ACTIVITIES 174,013 115,023 ADJUSTED FOR: Depreciation 3,157 3,886 Decrease (increase) in receivables 10,607 (5,626) Increase (decrease) in payables (1,541) (31,631) Purchase of fixed assets 0 (3,450) NET CASH FROM ACTIVITIES 186,236 78,202 INCREASE (DECREASE) IN CASH BALANCES Cash at start of year 818,913 740,711 Cash at end of year 1,005,149 818,913 CASH INFLOW 186,236 78,202 |
||
|---|---|---|---|---|
| 2025 (£) |
2024 (£) |
|||
| SURPLUS FROM OPERATING ACTIVITIES | 174,013 | 115,023 | ||
| ADJUSTED FOR: | ||||
| Depreciation | 3,157 | 3,886 | ||
| Decrease (increase) in receivables | 10,607 | (5,626) | ||
| Increase (decrease) in payables | (1,541) | (31,631) | ||
| Purchase of fixed assets | 0 | (3,450) | ||
| NET CASH FROM ACTIVITIES | 186,236 | 78,202 | ||
| INCREASE (DECREASE) IN CASH BALANCES | ||||
| Cash at start of year | 818,913 | 740,711 | ||
| Cash at end of year | 1,005,149 | 818,913 | ||
| CASH INFLOW | 186,236 | 78,202 | ||
30 33
Notes forming part of the financial statements
Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation and uncertainty in the preparation of the financial statements are as follows:
Basis of preparation
The accounts are prepared in accordance with the accounting regulations set out under the Charities Act 2011, and with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP2015), issued by the Charity Commission, and the Financial Reporting Standard FRS102.
Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated below.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income
Income is included in the accounts once the charity has entitlement, the amount can be measured with sufficient reliability and there is the probability of receipt.
Earned income is included in the period in which the service is provided, if any performance conditions attached have been met or are fully within the control of the charity.
Expenditure
Expenditure is included on an accruals basis when incurred, that is when a legal or constructive obligation arises, and includes related irrecoverable VAT.
Future liabilities are included at the best estimate of the amount required to settle them.
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Tangible fixed assets and depreciation
Fixed assets are stated at cost less accumulated depreciation.
Tangible fixed assets costing over £500 (including any incidental expenses of acquisition) are capitalised.
Depreciation is provided at rates calculated to write off the cost on a straight-line basis over their expected useful economic life. The rates of depreciation applied to each class of asset are:
IT & Office equipment - 33% straight line
Pensions
The charity makes contributions for eligible employees, to a defined contribution pension scheme, which are included in the accounts when they become payable.
Fund
Restricted funds are funds which must be used in accordance with specific restrictions imposed by the donor or the terms of a specific appeal. Expenditure which meets this criterion is drawn from the fund.
Unrestricted funds are those funds which can be used for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees have, at their discretion, temporarily set aside resources for a specific purpose.
Prior Year Adjustment
Shortly before the end of the 2024 - 25 financial year, the 5-year lease on the Association’s office in central London expired and was not renewed. Apart from the obvious cost savings that will be realised in financial year 2025 - 26, some historic provisions and accruals appertaining to the lease and other undertakings that had been posted in recent years were no longer considered to be on-going liabilities and, consequently, they were removed from the year-end accounts.
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| 2 Income from charitable activities Unrestricted Funds (£) Restricted funds (£) 2025 TOTAL (£) 2024 TOTAL (£) Registration fees Accreditation and CPD fees Certification fees Events and other income 481,498 139,060 4,000 - - - - - 481,498 139,060 4,000 - 443,552 141,410 3,920 - 624,558 - 624,558 588,882 Research Projects - - - - 624,558 - 624,558 588,882 There was no restricted income received in the financial years 2024 or 2025 3 Income from Investments Unrestricted Funds (£) Restricted funds (£) 2025 TOTAL (£) 2024 TOTAL (£) Bank interest receivables 28,514 - 28,514 17,860 4 Expenditure from charitable activities (including support costs) Unrestricted Funds (£) Restricted funds (£) 2025 TOTAL (£) 2024 TOTAL (£) Staff Costs Rent etc Meetings, conferences and events Fitness to Practice work Assessor fees and training Marketing, publicity, public engagement Projects and IT AGM, Council meetings & trustee training Office overheads Professional fees Depreciation Bad debt write off Independent examination Suspense Prior year adjustment 396,796 24,406 1,060 0 15,848 5,423 14,723 1,836 29,625 15,457 3,157 2,835 750 (568) (32,289) - - - - - - - - - - - - - 396,796 24,406 1,060 0 15,848 5,423 14,723 1,836 29,625 15,457 3,157 2,835 750 (568) (32,289) 375,824 29,131 13 0 19,011 7,875 27,090 1,195 21,541 5,972 3,886 0 (569) 750 479,059 - 479,059 491,719 |
|
|---|---|
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| 5 Fixed Assets | IT & Office Equipment (£) |
TOTAL (£) |
||
|---|---|---|---|---|
| Cost As at 1 April 2024 Additions |
63,551 0 |
63,551 0 |
||
| Total cost at 31 March 2025 | 63,551 | 63,551 | ||
| Depreciation At 1 April 2024 Charge for the year |
57,420 3,157 |
57,420 3,157 |
||
| At 31 March 2025 | 60,577 | 60,577 | ||
| Net book value as at 31 March 2025 | 2,974 | 2,974 | ||
| Net book value as at 31 March 2024 | 6,131 | 6,131 | ||
| 6 Debtors | 2025 (£) |
2024 (£) |
||
| Trade debtors Other debtors Staff travel loans Prepayments |
7,050 5,460 0 7,372 |
13,245 5,460 0 11,784 |
||
| 19,882 | 30,489 | |||
| 7 Creditors: amounts falling due within one year | 2025 (£) |
2024 (£) |
||
| Trade creditors Other creditors Tax and social security Accruals and deferred income |
0 0 7,358 179,752 |
0 0 7,334 181,317 |
||
| 187,110 | 188,651 | |||
| Deferred income represents £170,001 (2024: £149,683) of registration fees received in advance of the period to which they relate (the October renewal cycle). All deferred income as at 31 March 2025 has been released. st |
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| 8 Unrestricted funds | At 1 April 2024 (£) |
Income (£) |
Expenditure (£) |
At 31 March 2025 (£) |
|---|---|---|---|---|
| General Funds | 666,882 | 653,072 | (479,059) | 840,895 |
| 9 Analysis of net assets by fund | Restricte d funds (£) |
General funds (£) |
Total (£) |
|
| Tangible assets Debtors Cash at bank and in hand Current liabilities |
- - - - |
2,974 19,882 1,005,149 (187,110) |
2,974 19,882 1,005,149 (187,110) |
|
| Total | - | 840,895 | 840,895 | |
| 10 Staff numbers and renumeration | 2025 | 2024 | ||
| The average number of predominantly part-time staff employed by the charity during the year, including 1 x FTE, was: |
11 | 9 | ||
| Wages and salaries Social security costs Employer pension contributions |
322,283 26,369 33,360 |
343,891 30,166 29,765 |
||
| Total | 382,012 | 403,822 | ||
| One employee received emoluments of more than £60,000p.a. One employee received emoluments of more than £80,000p.a. |
||||
| 11 Trustees’ remuneration No trustees received remuneration for any services provided. 16 trustees (2024:16) received a total of £869 (2024: £570) in respect to travel expenses. |
||||
| 12 Related transactions The trustees pay their registration fees at the normal rates. There were no other related party transactions. |
||||
| 13 Volunteer time Contribution of our many volunteers is set out in the Trustees’ Annual Report. In accordance with FRS102 the economic contribution made by volunteers cannot be recognised in these financial statements. |
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