The British Ot¢upational Hygiene Society (A company limited by guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Charity Number 1150455 Company Number RC000858
The British Occupational Hygiene Society (A company limited by guarantee) Financial Statements for the year ended 31 December 2024 Page Reference and Administrative Details Trustees, Report 3-11 Independent Auditors. Report 12-15 Statement of Financial Activities 16 Balance Sheet 17 Statement of Cash Flow5 18 Notes to the Financial Statements 19-31
The BrTtish Occupational Hygiene Society (A company limited by guarantee) Reference and Administrative Information Chief Executive Officer: Professor K Bampton Trustees: Mr P Gahir MrA Parris (appointed May 20241 Ms H Pe3r50n Mr J Hodgkiss Mr A Wilson Mr D Eaves Ms S Leeson Mrj Grant (appointed May 2024) Ms S Lett Ms C Forshaw Ms M K Cameron Ms N M Flavin Mrs C Trow Ms J McDonagh Mr M Robertson Mr C Hendry Ms H Taylor Mr L Betts President President Elect Hon. Secretary Hon. Treasurer Immediate Past President (appointed May 20241 FOH Registrar FAAM Registrar (resigned May 20241 (appointed May 20241 (resigned May 2024} Iresigned September 20241 (resigned August 20241 lappointed May 20241 (appointed May 20241 (appointed May 20241 Secretary: Ms H Pearson Hon. Secretary Senior Management/ Leadership Team: Professor K Bampton Ms L Oxlade Chief Executive Finance and Resources Manager REGISTERED OFFICE: 5/6 Melbourne Business Court Millennium Wav Pride Park Derby DE24 8LZ The charity is incorporated in England and Wales
The British Occupational Hygiene Society IA company limited by guarantee) Reference and Administrative Information Company Registration Number: RC000858 Charity Registration Number: 1150455 Solicitors: Nelsons Solicitors LLP Pennine House 8 Stanford Street Nottingham NGI 7BQ Bankers: HSBC I St Peters Street Derby Derbyshire DEI 2AE Auditor5: TC Group 10 Stadium Business Court Millennium Way Pride Park Derby DE24 8HP
The Brit15h Occupational Hygiene Society (A company limited by guarantee) Report of the Trustees for the year ended 31 December 2024 The Trustees, who are Director5 for the purposes of Company Law, present the Annual Report together with the financial statements and auditors, report of the charitable company for the year ended 31 December 2024 Objectives and Activities Objects & Aim5 The Society is a charity, and its objects are to promote the science of occupational hygiene and health, good practices and standards, research, and advance education in the subject of occupational and environmental hygiene. The Royal Charter recognises the society as the pre-eminent body in the UK for occupational hygiene. Objectives Strotegy undArtivities All our charitable activities are undertaken to further our charitable purpose for the public benefit. Many of these activities would not be possible without the significant voluntary contributions of our members. The trustees wish to express their continued gratitude to members in this regard. Membership of the Society is open to anyone with an interest in occupational hygiene and reduced membership rates are available to students and retired members. The Society has examined the information contained in the Charity Commission's general guidance on public benefit when reviewing our aim5 and objectives and in planning our future activities. The Trustees regularly consider how planned activities will contribute to the aims and objectives they have set. The intent of the Strategy is to focus the Society's resources to deliver an i mproved PLSblic benefit in reducing the incidence of ill- health caused or made worse by work. Stroteglc Themes The Society has broken down our vision into a set of aims that we are working to achieve- Work to eliminate harmful exposures Promote safe and effective substitutes for existing hazards Design out threats to human health Manage out work practices that place people at risk Ensure all people in all working environments have the right protection at the right time
The British Occupational Hygiene Society (A company limited by guarantee) Report of the Trustees for the year ended 31 December 20241Continued) Key developments planned for 2021-2025 are: To develop a Professional Standards Governance and Performance Framework which would be externally recognised as the definitive competency statement whilst also being a formal statement of the profession and a benchmark for anyone providing occupational health services. To establish a presence in Higher Education to support learning, qualification, and professional development to broaden and deepen the public, sectoral, governmental, and professional understanding of occupational hygiene. The enhancement of technical capabilities by maintaining and developing a systematic programme of technical guidance production and review, informed, and critiqued by practice and research. The formalisation of international engagement by reviewing each of our existing bilateral partnerships, consulting on strategic aims of partner societies and, so far as is mutually beneficial and sustainable, develop partnerships with other occupational health societies and organisations globally. The main activities undertaken by the Society under these strategic themes encompass.. Campaigns: leadership of industry awareness campaigns Membership: provision of services and support to members Events: running of scientific conferences and events Qualifications: the provision of qualifications and competency schemes Publishing: of an academic journal and other scientific information Policy and Technical: scientific and technical representation to government, regulators, and other bodies Public Benefit The main purpose of the Society is to reduce the incidence of ill-health caused or made worse by work. This fa115 within the recognised charitable purpose of the advancement of health or the saving of lives under the Charities Act 2006. The public benefit of this aim applies both directly to the working population and to those affected by the wider health impact of workplaces. The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
The British Occupational Hygiene society (A company limited by guarantee} Report of the Trustees for the year ended 31 December 2024 (Continued) Structure, Governance and Management The Society is a charitable company, incorporated by Royal Charter on 20 December 2012 and registered as a new charity on 11 January 2013. The Society is established under Royal Charter which sets out its objects and powers and is governed under the associated Byelaws and Regulation5. Under the Byelaws, Ordinary Board Members of the Board are elected at the AGM to serve for a period of three years. The Honorary Officers of Secretary, and Treasurer are elected for a period of three years, the Registrars for Faculty of Occupational Hygiene and Faculty of Asbestos Assessment and Management are elected for a period of three years and a new President is elected annually to serve on a three-year cycle (year one as President-Elect, yeartwo as President and year three as Immediate Past-Presidentl. All new Board members are provided with an induction and operational briefing. They have access to selected previous Board paperwork, and documents outlining the practices and procedures used by the Board for its operation. During the President-Elect's one-year term, mentoring and support are provided by the President, Immediate Past President, and Chief Executive. The Board members (who are both directors and trustees) manage the Society through regular Board meetings which focus on strategic decision making and policy setting. The implementation of strategy, policy and the day- to-day running of the Society's operations are delegated to the members of the Management Team who, through the Chief Executive, are accountable to the Board. All the Trustees are members of the Society. None of the trustees have any beneficial interest in the Society. The Board maintains a risk register which 15 reviewed by the Board every quarter. The Board is satisf led that it has identified, discussed, and had oversight of the major risks facing the organisation, and that plans are in place as far as possible to reasonably mitigate those risks. External risks to funding are minimised by the implementation of procedures for the authorisation of all transactions. 2021 saw the launch of a new Strategic Plan for implementation from 2021-2025. It focuses on the key roles of the Society as a home for the Occupational Hygiene and Asbestos Professions, as a learned scientific Society and as a scientific charity devoted to the promotion of worker health protection.
The British Occupational Hygiene Society (A company limited by guarantee) Report of the Trustees for the year ended 31 December 2024 (Continued) Achievements and performance A full review of the Society's achievements and performance is provided in the BOHS Annual Report which accompanies the Financial Statements, circulated to members. 2024 saw the Society building on significant step changes in its role as a national body. The Register of Occupational Hygiene Professionals was fully implemented, our new software solution for qualification5 was transitioned to, we started developing research projects to underpin ou r scientif ic mission and continued to work at pace to influence policy. We also launched the M series of qualifications in replacement of the joint W500 awards with OHTA. BOHS also followed through its commitment to support the Occupational Hygiene Society of Ireland in delivered the International Occupational Hygiene Association Conference in Dublin. All of these activities have an element of risk and therefore considerable focus was on Successful delivery and risk management, rather than the promotion of new initiatives. Nonetheless, the groundwork was completed to bring all local exhaust ventilation testing professionals into a registration scheme and to do the same in respect of asbestos surveyors. These are two highly significant projects which will impact positively on the Society's sustainability beyond 2025. l. Campaigns BOHS'S 2024 Parliamentary work saw it continuing to support the All Party Parliamentary Group on Respiratory Health and the APPG on Health and Safety. While the election placed these groups into abeyance for several months, 60HS had a central role in supporting the group's understanding of the cluster of silic05is cases in the engineered stone industry. BOHS produced technical guidance for the industry, based on materials prepared by the Australian Institute of Occupational Hygiene and. towards the end of 2024, produced an online training tool for f ree distribution across the industry. BOHS was active in SLApporting other bodies in focusing their research strategies on understanding control effectives in managing respirable crystalline silica risks. Our visibility in the national pres5 around this issue w35 high as the authoritative independent scientific body on this issue. The Society also campaigned for amendments to the Leasehold Reform Bill to reflect the risks of asbestos, with the support of Sir Stephen Timm5. While the amendments were not successful, Sir Stephen took on the crucial Ministerial role within the Department of Work and Pensions and continues to be receptive to BOHS'5 scientific input on risk in the asbestos sector. Directly linked to BOHS'S campaign for the better recognition of the burden of ill-health on women, the HSE started producing gender-based statlStics as part of its national statistical package. Other organisations have taken an active interest in this area and a Parliamentary event has been scheduled for 2026 to focus on this. BOHS continued to be concerned with variable standards in the Local Exhaust Ventilation sector. The suspension of the operation of the Institute for Local Exhaust Ventilation in 2025 gave rise to an opportunity for BOHS to work across the whole of the LEV sector to agree a way forward. This was combined with a review of BOHS'S qualifications for the sector, which are the cornerstone of the occupational hygiene element of competence. We have been able to secure support across the sector to move forward on standards in a unified way, setting the stage for a directory of LEV professionals. Our highly successful Certificate of Control Days, run in partnership with BOHS training provider Oxy18 worked to significantly increase engagement with LEV qualifications.
The British Occupational Hygiene Society (A company limited by guarantee) Report of the Trustees for the year ended 31 December 2024 (Continued) l.Campaigns continued BOHS and FAAM continued to focus on the risks associated with management in situ for asbestos and the need to make progress toward implementing the recommendations of the Work and Pensions Select Committee. In furtherance of this, BOHS has been working towards a simplified version of the asbestos surveyors, competency scheme commission in the last decade by HSE but abandoned because of market conditions. The new approach, driven by our qualifications data and centering around a directory of qualified asbestos surveyors is work in progress, but will provide an essential and valuable tool for those commissioning asbestos surveyors to be able to determine the training level achieved by individual surveyors, rather than relying solely on the accreditation of their company. BOHS continued to work in support of the COVID-19 Inquiry as part of the stience-based umbrella group, the Covid Airborne Transmission Alliance la Core PartiClP3nt for Module 3 The Experience of Healthcare). Over the course of the ten weeks of the Module, we reviewed thousands of pages of evidence and helped the Inquiry shape its questions, as well as advising on witnesses and preparing a substantial witness statement on airborne transmission and the control of respiratory risk. 2. Membership (including FAAMI General membership of the Society las opposed to professional membership) continued to diminish marginallv. However, this appears to be largely a reflection of general member5 who work in the field seeing the benefit of becoming professional members. since there was a corresponding increase in professional membership. Our overall membership now is the highest since our current records System began in 2019. The Faculty of Occupational Hygiene set about bedding in the Register of Occupational Hygiene Professionals and completed a comprehensive review of our flagship qualification in Occupational Hygiene, the Diploma. Significant guidance developed including a revised technical document on Metal Working Fluids, amongst other documents. The Faculty of Asbestos Assessment and Management launched some significant research projects, including one relating to a revised version of the Walton and Becket Graticule. The Faculty also set the blueprint for a cornpetency framework, surveyor's directory, and a pathway to Chartered status for its most senior members. 3.Events BOHS delivered five conferences, including the International Occupational Hygiene Association Conference in Dublin, the A5bestOs Conference, and an expanded LEV Conference, the UKHCA'S conference and the European Asbestos Forum Conference. In addition, we launched face-to-face regional events in earnest and held a highly successful stand-alone Awards evening. While conference delivery continues to be a challenging sector, we were more effective in locking in cost controls and were able to deliver high quality conferences on budget despite generally raised prices and a tighter market. 4.Qualifications QLtalifications faced the double challenge of implementing a new software system, while also needing to launch the M series in replacement of the W Series which we had previously been jointly awarded with the Occupational Hygiene training Association. The latter fundamental change posed 3 Potential risk that could have impacted much of our overseas training activity. However, efficient rollout and the strength of the BOHS brand resulted in us meeting our budget expectations for income from the M series.
The British Occupational Hygiene Society {A company limited by guarantee) Report of the Trustees for the year ended 31 December 2024 {Continued) The impact of these changes on the team was considerable and in the earlier part of the year, it was clear that we lacked sufficient capacity to keep to KPIS. However, with additional work to manage proce55. we were able to get back on track in delivery and continue to embed the new systems. In parallel, we continued to review qualifications and standards, with a focus on LEV and the Diploma in Occupational Hygiene. The majority of the work on these major changes completed in 2024 for launch in 2025. 5.Publishing The Annals of Work Exposures and Health continued in rude health with broadened engagement, contribution, and multiple issues. The shape of academic publishing continues to evolve, but the level of activity of the Annals continues to be high. We signed another5-year contract with Oxford University Press with a continued contribution rate of 70% of generated surplus. Financial Review As was the case for many organisations. 2024 was a turbulent year financially. The budget for the year was predicated on a marginal Ios5 of £2,178. The budget was to be partly achieved by reshaping the workforce. However, for operational reasons the planned reduction in Staffing costs was not implemented, resulting in a revision to the budget to provide for a £57,192 deficit. with the aim of increasing income to make up for it. Overall, income was slightly up on budget by £14,837 by the end of the year. Qualifications income was only £245 short of the income target and the slight shortfall in membership income was made up for by increased publication income. Significantly, conference income w35 im pacted by a decline in income for the Asbestos Conference, leading to a shortfall of £24, 130. This was directly the result of other organisations 13unching free events Within weeks of our conference and the impact of adverse trading conditions in the asbestos Sector. The conference team nonetheless succeeded in delivering additional unbudgeted activity which mitigated income shortfalls in two other events. The conference team was also very successful in managing the cost control issues which impacted the 2023 budget, for example delivering the IOHA conference IOYO under the bid budget, while providing a significant bigEer event. Other departments all delivered within budget with the material exception of Governance and Qualifications. The Governance budget saw a variance of £5.963, driven largely by additional overseas travel by officers as a result of international opportunities to continue to SUPPOrt BOHS international presence for charitable activities. The most significant overspend wa5 in support of Qualification5, amounting to E109, 169. The bulk of this additional expenditure was represented by the decision not to reshape staffing. However, long-term sickness absence requi ring agency backfill contributed significant costs throughout the year, so that the overall additional staffing costs for Qualification5 for 2024 amounted to over £72,000 over the initial budget. The proliferation of demand for paper examinations as a result of changes in training partner delivery models had a significant impact on costs of invigilation, printing, and postage, amounting to over £20,000. Because of the heavy manual element of managing paper examinatior)s. staff were working to full capacity to meet KPIS. Finally, the termination of the legacy examinations software contract was delayed because of challenges in assuring the quality and usability of data archives.
The British Occupational Hygiene Society (A company limited by guarantee} Report of the Trustees for the year ended 31 December 2024 (Continued) As a result of the adjustment to budget, arising from the retention of the same staffing model, conference income loss and staff and paper examinations costs in qualifications, the statement of financial activities shows a net deficit for the year of £139,757 compared to a £46,208 deficit in 2023, resulting in a n overall variance to budget for 2024 of £82,564. Future Sustainability Qualifications income and expenditure is crucial to BOHS. However, growth in demand needs to be capable of being able to be supported by the current staffing levels and there needs to be sufficient capacity to manage the impact of illness and other staffing continuity issues. To address this, more focused management activity aimed at process simplification and efficiency gains will be implemented. alongside growth of business. Written examinations present a range of risks beyond the operational and cost impact and so these will be phased out through 2025. Conference income needs to be sustainable and moving the asbestos conference to a less crowded time of year is hoped to avoid some of the impacts experienced in 2024. Cost control measures will continue to be applied in the management of the conference budgets. Overseas travel for officers, which formed a vital role in maintaining our international profile will need to be delivered within budget. Much of the work through 2024 has been to enable the Society to Upscale its capacity to deliver charitable activities which create income. This has chiefly been through the ongoing projects to enable the qualifications team and their processes to handle increased volume, while working on developments, such as the LEV and Asbestos Surveyor's directorie5 which can promote better health in the workplace, a desire for higher quality provision and, commensurate change in the demand for training. This, in turn will have a knock-on effect on membership and engagement with activities such as conferences. In a generally difficult trading environment for training and the knowledge economy, the Society's strategy to promote professional standards is at the heart of its charitable mission but is also key to driving sustainability in financial and engagement terms. Reserves Our reserves, which are unrestricted, amounted to £ 1,114,779 compared to £1,254,536 in 2023. Around 30% of reserves are invested for potential growth whilst the remainder are held on deposit or used for working capital. The Society's investment funds were held in one charity account during 2024, with the value of the Charities Investment Fund fluctuating throughout the year and showing a final net gain in value of £21,765 in 2024 made up of £6,083 realised and £15,682 unreali5ed gains. Policy on ReseThes BOHS maintains reserves a5 part of its risk strategy and to ensure a sustainable financial base. The purposes of reserves are the followi ng.. To ensure the Society can cover admi nistrative, contractual, and operating costs To assure the Societls position of independence, and freedom and responsivenes5 of action To provide financial headroom for the Society to develop its activitie5 for members To provide reassurance for suppliers The level of reserves is determined annually by the Board as part of the budget setting process. The minimum level of reserves was thoroughly reviewed during 2022 and will be assessed annually as part of the budget-setting process against risk, contractual obligations and likely future income streams and expenditure.
The British Occupational Hygiene Society (A company limited by guarantee) Report of the Trustees for the year ended 31 December 2024 (Continued) Pay Policy for Staff and Trustees The Board members, who are the trustees and directors of the British Occupational Hygiene Society, give their time freely and no remuneration was given to any trustee of the Society within the year. Details of the trustees, expenses and related party transactions are disclosed within the accounts. The pay of staff is reviewed annually and may be increased, based on a benchmarking process against increases in national average earnings, local labour market costs for specialist skills as well as inflation indices. Fundraising Disclosures The charity does not conduct significant f undraising activities that require disclosure under the Charities Act 2011. Financial Instruments Objectives ond Policies The Charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the Charity's policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The Charity doe5 not use derivative financial instruments for speculative purposes. Cashflow Risk The Charity's activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The Charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures. Interest bearing assets and liabilities are held at a fixed rate to ensure certainty of cash f lows. Credit Risk The Charity's principal financial assets are bank balances and cash, trade and other receivables, and investments. The Charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which. based on previou5 experience, is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The Charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers. Liquidity Risk In order to maintain liquidity and to ensure that sufficient funds are available for ongoing operation5 and future developments, the Charity uses a mixture of long-term and short-term debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statement5. Third Party Indemnity Provisions The British Occupational Hygiene Society (The Society) maintains qualifying liability insurance for its trustees. io
The British Occupational Hygiene Society (A company limited by guarantee) Report of the Trustees for the year ended 31 December 2024 (Continued) Statement of Trustees Responsibilities The trustees (who are also the directors of The British Occupational Hygiene Society 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 Iunited Kingdom Generally Accepted Accounting Pratticel, including FRS 102 'The Financial Reporting Standard applicable in the U K and Republic of Ireland Company law requires the trustees to prepare financial statements for each financial year. 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 the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. * select suitable accounting policies and apply them consistently,. • observe the methods and principle5 in the Charities SORP,. • make judgements and estimates that are reasonable and prudent: State whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financi31 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 proper accounting records that can 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 com pany and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ f rom legislation in other jurisdictions. Disclosure of Information to Auditor Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the Charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor 15 unaware. The annual report was approved by the trustees of the Charity on 17 April 2025 and signed on its behalf by: Mr P Gahir President Trustee li
Report of Independent Auditors to the Trustees of The British Occupational Hygiene Society {A company limited by guarantee) Opinion We have audited the financial statements of The British Occupational Hygiene Society for the year ended 31 December 2024 on pages sixteen to thirty-one which comprise the Statement of Financial Activities, the summary Income and Expenditure Account, the Balance Sheet, the Cash Flow Statement and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the fi nancial statements: give a true and fair view of the state of the charitable company's affairs as at 31 December 2024 and of the incoming resources and application of resource5 for the year then ended,. have been properly prepared in accordancewith United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing {UKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis forour opinion. Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAS {UKI require us to report to you where: the director's use of the going concern basis of accounting in the preparation of the financial statements is not appropriate- or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The Trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our Auditor5 report thereon. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the f inancial statements, our responsibility is to read the other information and, in doing 50, consider whether the other information 15 materially inconsistent with the financial 5tatement5 or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify Such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 12
Report of Independent Auditors to the Trustees of The British Occupational Hygiene Society (A company limited by guarantee) Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees Report which includes the Di rector's report for the financial year for which the financial statements are prepared is consistent with the f inancial statements,. and the Report of the Directors included within the Trustees report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the company and it5 environment obtained in the course of the audit. we have not identified material misstatements in the Director's report included within the Trustees report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires US to report to you if, in our opinion.. adequate and proper accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us. or Parent charitable company financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustee's remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit,. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemption from the requirement to prepare a Strategic Report or in preparing the Trustees report. Responsibilities of Trustees As explained more fully in the Statement of Trustees Responsibilities set out on page eleven, the Trustees {who are also the directors of the charitable com pany for the purposes of company lawl are responsible for the preparation of the financial statement5 and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustee5 are responsible for assessing the charitable company's ability to continue as 3 going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or has no realistic alternative but to do so. Auditors, responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material Misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but 15 not a guarantee that an audit conducted in accordance with ISAS {UKI will always detect a material misstaternent when it exists. Mi55tatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 13
Report of Independent Auditors to the Trustees of The British Occupational Hygiene Society (A company limited by guarantee) Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below- Enquiring of management of any known or Suspected instances of fraud, as well as considering management's assessment of the susceptibility of the financial statements to fraud. Performing substantive testing over a selection of journal entries made in the period, to address the risk of fraud due to management override of controls. With a focus on entries made by unusual team members or entries made at unusual times or on unusual dates. We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements. Specifically checking compliance with The Charity Commission a5 well 35 employment laws and regulations. Performing analytical procedures to identify any unusual or unexpected relationships that may indicate an increased risk of material mi5Statement as a result of fraud, or management override. Assessing accounting estimates which have a material impact of the year end accounts, to determine if there is indication of management bias. Despite the audit being planned and conducted in accordance with ISAS {UKI there remains an unavoidable risk that material misstatements in the financial statements may not be detected owing to inherent limitations of the audit, and that by their very nature, any such instances of fraud or irregularity li kely involve collusion, forgery, intentional misrepresentations, or the override of internal controls. A further description of our responsibilitie5 for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our Report of the Auditors. 14
Report of Independent Auditors to the Trustees of The British Occupational Hygiene Society {A company limited by guarantee) Use of our report This report is made solely to the company's members, a5 a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, WÈ do not accept or assume responsibility to anyone otherthan the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. James Liptrott Isenior Statutory Auditor) For and on behalf of TC Group, statutory auditor 10 Stadium Business Court Millennium Way Pride Park Derby DE24 8HP Date: )1 |41LC 15
The British Occupational Hygiene Society IA company limited by guarantee) Statement of Financial Activities for the year ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted Total Notes General 2024 2023 INCOME AND ENDOWMENTS Donations and Legacies Charitable Activities Other Income 35,616 1,650,564 297 35,616 1,650,564 297 500 1,517,046 107 TOTAL INCOME 1,686,477 1,686,477 1,517,653 EXPENDITURE Charitable Activities 516 11,847,9991 11,847,999) 11,613,642) TOTAL EXPENDITURE 11,847,999) 11.847,9991 11,613,642) Net Gains/Losses on Investment Assets 21,765 21,765 49,781 Net IExpenditurel/ Income 1139,7571 1139,7571 146.2081 Net Movement in Funds 1139,7571 1139,7571 146,2081 RECONCILIATION OF FUNDS: Total Funds Brought Forward 1,254.536 1,254,536 1,300,744 Total Funds Carried Forward 22 1,114,779 1,114,779 1,254.536 All of the Charity's activities derive from continuing operation during the above two periods. 16
The British Octupational Hygiene Society Company Number RC000858 Balance Sheet as at 31 December 2024 Notes 2024 2023 FIXED ASSETS Intangible Assets Tangible Assets Investments 12 13 14 42,175 609,061 323,969 975,205 58,039 631,202 452,204 1,141,445 CURRENT ASSETS Stocks Debtors Cash at Bank and in Hand 15 16 17 20,300 255,537 115,696 391,533 23,419 250,680 110,612 384,711 CREDITORS: Amounts falling due within one year 18 1251,9591 (271,6201 NET CURRENT ASSErs NET ASSETS 139,574 1,114,779 113,091 1.254.536 THE FUNDS OF THE CHARITY: UNRESTRicfED INCOME FUNDS Unrestricted f unds 1,114,779 1,254,536 TOTAL FUNDS 22 1,114,779 1,254.536 The accounts are prepared in accordance with the special provisions of Part 15 of the Companies Att 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. ON BEHALF OF THE BOARD: Mr P Gahir Trustee President Approved by the Directors of the Company and Trustee5 of the Charity on 17 April 2025 The notes on pages 19 to 31 form part of these financial statements 17
The British Occupational Hygiene Society Statement of Cash Flows for the Year Ended 31 December 2024 Notes 2024 2023 Cash Flows from Operating Activities Net Cash IExpenditurel/ Income 1139,7571 146,208} Adjustments to ta5h flow5 from non-cash items Depreciation and amortisation Loss on disposal of tangible fixed assets Net gains/losses on investment assets 42,324 208 121,7651 20.767 1118,9901 49,311 3,998 149.781) 3.528 142,680} Working Capital Adjustments Ilncreasel/decrease in stocks Decrease in debtors IDecreasel/increase in creditors Increase in deferred income 15 16 18 3.119 14,8571 139,0351 19,375 121,3981 {9,697) 12,177 48,029 35,166 85,675 Net Cash Flows from Operating Activities 1140,3881 42,995 Cash flows from Investing Activities Interest receivable and similar income Purchase of fixed assets Sale of investments 12/13 14,5271 150,000 140,398) Net cash flows from Investing Activities 145,473 140,3981 Net Idecreasel/ increase in cash and cash equivalent5 5,085 2,597 Cash and cash equivalents at l January 110,612 108,015 Cash and cash equivalents at 31 December 115,697 110,612 All of the cash flows are derived from continuing operations during the above two periods. The note5 on pages 19 to 31 form part of these financial statements 18
The British Occupational Hygiene Society {A company limited by guarantee) Note5 to the Financial Statements for the year ended 31 December 2024 STATUTORY INFORMATION The British Occupational Hygiene Society is a private limited company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the company's information page. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the Charity in the event of liquidation. ACCOUNTING POLICIES The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the period. a) Basis of Preparation and Statement of Compliance The financial statements have been prepared in accordance with the 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 IFRS1021 (effective l January 20191- {Charities SORP IFRS1021}, The Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notelsl. The functional currency is pound5 Sterling because that is the currency of the primary economic environment in which the Charity operates in. The Charity meets the definition of a public benefit entity under FRSIO2. b) Going Concern The accounts are prepared on a going concern basis. The trustees consider that there are no material uncertainties about the charitws ability to continue as a going concern. c) Income Recognition All income is recogni5ed once the Charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Donations and Legacies Donations are recognised when the Charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the Charity before the Charity is entitled to the funds, the income is deferred and not recognised until either th05e conditions are fully met, or the fulfilment of those conditions is wholly within the control of the Charity and it is probable that those conditions will be fulfilled in the reporting period. Grants Receivable Grants are recogni5ed when the Charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met. the income is recognised as a liability and included on the balance sheet as deferred income to be released. 19
The British Occupational Hygiene Society (A company limited by guarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued Deferred Income Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when: - The donor specifies that the grant or donation must only be used in future accounting periods- or The donor has imposed conditions which must be met before the charity has unconditional entitlement. Income received in respect of future events is recognised when the event substantially occurs. Subscription income is recognised over the period of time to which the subscription relates. Investment Income Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. d) Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measure reliably. All costs are allocated to the applicable expenditure heading that aggregate similar c05t5 to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charitable Artivities Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance Costs These include the costs attributable to the Charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustee's meetings and reimbursed expenses. e) Interest Receivable Interest is included when receivable by the charity. f) Fund Accounting Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the Charitv. g) Government Grant5 Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grant5 relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an a55et is deferred, it is recognised as deferred income. 20
The British Occupational Hygiene Society {A company limited by guarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued h) Fixed Assets All tangible fixed assets purchased that have a cost of more than £500 and an expected useful economic life that exceeds one year are capitalised. Tangible fixed asset5 are initially recognised at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following rates so as to write off the cost, less any estimated residual value, over their estimated useful economic life. Leasehold Property Office Equipment Fixtures and Fittings Straight line over 50 years 33.33% straight line 20% straight line Intangible assets are initially measured at cost less accumulated amortisation and any accumulated impairment losses. Amortisation is provided at the following rates so as to write off the cost, less any estimated residual value, over their estimated useful economic life. IT Software 5 years straight line Other intangibles consist of arms and a crest which are deemed to have an infinite life so no amortisation is charged on these. i) Fixed Asset Investments Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated a5 the difference between sales proceeds and their market value at the start of the year, or their subsequent C05t5. and are charged or credited to the Statement of Financial Activities in the period of disposal. Unrealised gains and losses represent the movement in the market value during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end. j} Stock Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. after due regard for obsolete and slow-moving stocks. Cost is determined using the fir5t-in, fir5t-out {FIFOI. k) Trade Debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established where there is objective evidence that the Charity will not be able to collect all amounts due according to the original terms of the receivables l) Cash at Bank and in Hand Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 21
The British Occupational Hygiene Society {A company limited by Euarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued m) Creditors and Provisions Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current l labilities. n) Pensions and other Post Retirement Obligations The charitable company operates a def ined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. o) Financial Instruments The Charity has financial assets and financi31 liabilities of a kind that qualify as basic financial instruments. Basic financial instrument5 are initially recognised at transaction value and subsequently measured at their settlement value. p) Significant judgements and estjmates The preparation of the financial statements requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The key estimate5 and assumptions used in these financial statements are detailed in notes 2c and 2h. 3. Income from Donations and Legacies Unrestricted Funds General 2024 Donations and Legacies Donations 23,647 23,647 Grants including capital grants Government Grants 11,969 11,969 35.616 35.616 Unrestricted Funds General 2023 Donations and Legacies Donations 500 500 500 500 22
The British Occupational Hygiene Society {A company limited by guarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued 4. Income from Charitable Activities Unrestricted Fund5 General 2024 2023 Qualifications Membership Services Conference and Events Publications Schemes and Services Governance & Sponsorship 732,611 177,950 448,216 281,147 732,611 177,950 448,216 281,147 775,863 149,472 268.826 263.804 59.081 10,640 1,650,564 10,640 1,650,564 1,517,046 5. Expenditure on Charitable Activities Unrestricted Funds General Total 2024 Qualifications Membership Services Conference and Events Publications Schemes and Services Head Office Marketing and Communications Leadership 587,821 168.827 476,069 90,829 587.821 168,827 476,069 90,829 200.022 54,684 47,833 1,626,085 200,022 54,684 47,833 1,626.085 Unrestricted Funds General Total 2023 Qualifications Membership Services Conference and Events Publications Schemes and Services Head Office Marketing and Communications Leadership 486,000 160.907 311,231 84,754 57,640 204,284 49,418 42,878 1.397,112 486,000 160,907 311,231 84,754 57,640 204,284 49,418 42,878 1.397,112 In addition to the expenditure analysed above, there are also governance costs of £221,914 12023: £216,530) which relate directly to charitable activities. See note 6 for further details. 23
The British Occupational Hygiene Society {A company limited by guarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued 6. Analysis of Governance and Support Costs Governance Costs Unrestricted Funds General Total 2024 Staff Costs Wages and Salaries Social Security costs Pension costs 155,247 14,918 7.355 155.247 14,918 7.355 Audit Fees Audit of the financial Statements Other fees paid to accountants 3.750 2,000 3,750 2,000 Governance Overheads Board & Faculty Expenses 24,562 14,082 221,914 24,562 14,082 221,914 Unrestricted Fund5 General Total 2023 Staff Costs Wages and Salaries Social Security Costs Pension costs 147,449 15,034 6,861 147,449 15,034 6,861 Audit Fees Audit of the financial Statements Other fees paid to auditors 3.750 2.230 3,750 2,230 Governance Overheads Board & Faculty Expenses 24,709 16,496 216,530 24,709 16,496 216,530 7. Net Incoming/ Outgoing Resources Net loutgoingll incoming resources for the year include: 2024 2023 Operating leases - Other assets Audit Fees Depreciation/Amortisation of fixed assets 2,334 3,750 42,324 2,574 3,750 49,311 24
The British Occupational Hygiene Society (A company limited by guarantee} Notes to the Financial Statements for the year ended 31 December 2024- continued 8. Trustees Remuneration and Expenses No trustees, nor any persons connected with them, have received any remuneration from the Charity during the year. No trustees have received any other benefit from the charity during the year. 11 Trustees received reimbursement of expenses amounting to £12,945 in the current year12023: 14 trustees £13, 1531. 9. Staff Costs The aggregate payroll costs were as follows: 2024 2023 Staff costs during the year were: Wages and Salaries Social Security costs Pension costs Other staff costs 680,646 57,071 33,968 23,236 794,921 632,200 50,688 30.818 14,089 727,795 The monthly average number of personal (including senior management/ leadership team) employed by the Charity during the year expressed as full time equivalents was as follows: 2024 2023 Charitable Management 19 19 20 20 The number of employee5 whose emoluments fell within the following bands was: 2024 2023 £80,001- £90,000 The total employee benefits of the key management personnel of the Charity were £85,05612023: £81,410). 25
The British Occupational Hygiene Society (A company limited by guarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued 10. Auditors, Remuneration 2024 2023 Audit of the Financial Statements 3,750 3,750 Other fees to auditOf5 Fees payable to auditors for non-audit services 2,000 2.230 11. Taxation The Charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. 12. Intangible Assets IT Software Other Intangibles Total Cost At l January 2024 Additions Disposals At 31 December 2024 120,730 19.480 140.210 120,730 19,480 140,210 Amortisation and Impairment At l January 2024 Charge for the year Eliminated on disposals At 31 December 2024 82,171 15,864 82,171 15,864 98,035 98,035 Net Book Value At 31 December 2024 22,695 19,480 42,175 At 31 December 2023 38.559 19,480 58,039 26
The British Occupational Hygiene Society {A company limited by guarantee} Notes to the Financial Statements for the year ended 31 December 2024- continued 13. Tangible Fixed Assets Leasehold Buildings Furniture and Equipment Total Cost At l January 2024 Additions Disposals At 31 December 2024 620,588 67,571 4,527 {7501 71,348 688,159 4,527 1750 691,936 620,588 Depreciation At l January 2024 Charge for the year Eliminated on disposals At 31 December 2024 29.164 10.600 27,793 15,860 15421 43,111 56,957 26,460 15421 82,875 39,764 Net Book Value At 31 December 2024 580,824 28,237 609,061 At 31 December 2023 591,424 39.778 631.202 14. Fixed Asset Investments 2024 2023 Other Investments 323,969 452,204 27
The Britlsh Occupational Hygiene Society (A company limited by guarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued Other Investments Listed Investments Total Valuation At l January 2024 Revaluation Disposals at market value At 31 December 2024 452,204 15.682 1143,9171 323,969 452,204 15,682 1143.9171 323,969 Net Book Value At 31 December 2024 323.969 323,969 At 31 December 2023 452,204 452.204 The historical cost of the listed investments at 31 December 2024 was £258,506 {2023.. £402,423). The investment is in CCLA Charities Investment Fund. 15. Stock 2024 2023 Stocks 20,300 23,419 16. Debtors 2024 2023 Trade debtors Prepayments and other debtors 96,438 159,099 110,280 140,400 255,537 250,680 17. Cash and cash equivalents 2024 2023 Cash at bank 115,696 110,612 28
The British Occupational Hygiene Society (A tompany limited by guarantee) Note5 to the Financial Statements for the year ended 31 December 2024- continued 18. Creditors: Amounts falling due within one year 2024 2023 Trade creditors Other taxation and social security Accruals and other creditors Deferred income and advanced payments 92,568 13,569 61,916 83,906 251,959 154,301 22,746 30,042 64.531 271,620 2024 2023 Deferred Income Deferred income at l January 2024 Resources deferred in the period Amounts released from previous periods Deferred income at year end 56,221 178,9391 156,2211 178.9391 16,520 156,2211 116,5201 156.2211 19. Obligations under leases and hire purchase contracts Operating lease commitments Total future minimum lease payments under non-cancellable operating leases are as follows: 2024 2023 Other Within one year Between one and five years 3,320 10,151 13,471 1,360 2,598 3,958 20. Pension and other schemes Defined contribution pension scheme The Charity operated a defined contribution pension scheme. The pension cost charge for the year represents contributions payable bythe Charity to the Scheme and amounted to £33,968 {2023.. £30,818). 21. Commitments Capital Commitment5 The total amount contracted for but not provided in the financial statements was £Nil12023'. £Nill. 29
The British Occupational Hygiene Society (A company limited by guarantee) Notes to the Financial Statements for the year ended 31 December 2024- continued 22. Funds Balance atl January 2024 Incoming Resources Resources Expenses Other recognised Gains/(lossesl Balance at 31 December 2024 Unrestrirted General 1.254,536 1,686,477 11,847,999) 21,765 1,114,779 Balance atl January 2023 Incoming Resources Resources Expen5e5 Other recognised Gains/(lossesl Balance at 31 December 2023 Unrestricted General 1,300,744 1,517,653 11,613,642) 49,781 1,254,536 23. Analysis of net assets between funds Unrestricted Funds General Total funds at 31 December 2024 Fixed assets Fixed asset investments Current assets Current liabilities 651.236 323,969 393,956 1254,3821 651,236 323,969 393,956 1254,3821 Total net assets 1,114,779 1,114,779 Unrestricted Funds General Total funds at 31 December 2023 Fixed assets Fixed asset investments Current assets Current liabilities 689,241 452,204 384.711 1271,6201 689,241 452.204 384,711 1271,6201 Total net assets 1,254,536 1,254,536 30
The British Otcupational Hygiene Society (A company limited by guarantee} Notes to the Financial Statements for the year ended 31 December 2024- continued 24. Analysis of net fund5 At l January 2024 Financing cash flows At31 December 2024 Cash at bank and in hand 110,612 5,085 115,697 Net Debt 110,612 5,085 115,697 25. Related Party Transactions Certain Trustees of the British Occupational Hygiene Society also have relationships with other organisations with whom the Charity interacts. These transactions are summarised as follows.. During the year 412023 - 41 companies were charged £34,80812023.. £36,348) for courses, training provider services and listings. £l,00012023: £1,460) was owing to the Charity at the year end and is included within debtors. During the year Nil (2023- 11 company charged the Charity £Nil {2023: £1501 for consultancy, examiners and markers fees. 31