## BlE CHARITABLE TRUST
## Annual Report for 2023
The BIE Charitable Trust supports various embalming-related educational activities such as the annual awards for newly qualified members, funding for educational programmes and the administration of the funds for the Company of Fellows American Exchange programme. The Trust can also accept applications from BIE committees and individuals for financial support relating to educational projects. All funding must meet the Trust’s criteria and be granted at the absolute discretion of the Trustees.
The Trustees in 2023 were: David Kaye FBIE (Chairman), Edward Williams-Price FBIE (Secretary), Michael Liddle FBIE (Treasurer), Rachel Shipley FBIE and Jimmy Lindsay MBIE.
The Trustees met in person twice at Anubis House in February and September. All the regular business is dealt with by email and this year covered the Trustees’ Award, grants for educational events and general requests for finance.
The post-graduate Hairdressing Course once again took place in March. This one-day event was created by, and is administered by Rachel Shipley with funding from the Trustees.
The winners of the Trustees’ Awards for examination marks by new members in the previous year’s intake were Shaun Patrick Dee of the Scottish Division (Theory) and Jennifer Chadwick of the North West Division (Practical).
The Trust continues to support the Keele educational weekends and will consider applications from Divisions arranging educational events.
The Trustees thank the Institute’s membership for their ongoing support and, as always, would welcome any approaches or suggestions where the Trust might be of assistance.
David Kaye FBIE Chairman.
**REGISTERED CHARITY NUMBER: 1172109**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 31st December 2023**
**for The British Institute of Embalmers Charitable Trust**
West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
**The British Institute of Embalmers Charitable Trust**
**Contents of the Financial Statements for the Year Ended 31st December 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1|
|**Accountants Report**|2|
|**Income and Expenditure Account**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|5|
**The British Institute of Embalmers Charitable Trust**
## **Report of the Trustees**
## **for the Year Ended 31st December 2023**
The trustees present their report for the year ended 31st December 2023
## **OBJECTIVES AND ACTIVITIES**
The aims and objectives of the charity are for the public benefit:
1. to advance education in embalming and related subjects in such ways as the charity trustees may in their discretion determine and in particular but not exclusively by:
a. awarding grants towards tuition fees and maintenance allowances for those wishing to study embalming if through poverty they would be otherwise prevented from doing so; and
b. awarding annual prizes to those students who achieve the highest results in embalming examinations; and
2. to relieve those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage in particular following a bereavement; and
3. such other exclusively charitable objectives as the charity trustees may in their absolute discretion determine
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity was registered as a charitable incorporated organisation (CIO) on 16th March 2017 and is controlled by its governing document.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1172109
## **Trustees**
D L Kaye Chairman M P Liddle Treasurer
E G Williams-Price Secretary Mrs R M Shipley J C S Lindsay
## **Principal address**
21c Station Road Knowle Solihull West Midlands B93 0HL
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ M P Liddle - Trustee
Page 1
## **Accountants Report to the Trustees of The British Institute of Embalmers Charitable Trust**
In accordance with your instructions, we have compiled these unaudited financial statements for the year ended 31[st] December 2023 from the accounting records and information and explanations you have given to us.
As the charity trustees of the Trust you are responsible for the preparation of the accounts.
We have no concerns and have come across no matters in connection with the preparation of the accounts to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
Date: .............................................
Page 2
**The British Institute of Embalmers Charitable Trust**
## **Income and Expenditure Account for the Year Ended 31st December 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**700**
Investment income
2
**1,937 **
**Total**
**2,637 **
**EXPENDITURE ON**
**Charitable activities**
Welsh Office donation
**317**
Scottish Office donation
**425**
National Office donation
**805**
Trustees' award
**-**
Hairdressing course
**300**
Other
**575**
**Total**
**2,422**
**NET INCOME**
**215**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**124,662**
**TOTAL FUNDS CARRIED FORWARD**
**124,877**|2022
Total
funds
£
9,169
395
9,564
-
-
-
3,500
300
634
4,434
5,130
119,532
124,662|
|---|---|
The notes form part of these financial statements
Page 3
**The British Institute of Embalmers Charitable Trust**
## **Balance Sheet 31st December 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**CURRENT ASSETS**
Debtors
5
**-**
Cash at bank
**125,697 **
**125,697**
**CREDITORS**
Amounts falling due within one year
6
**(820)**
**NET CURRENT ASSETS**
**124,877**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**124,877**
**NET ASSETS**
**124,877**
**FUNDS**
7
Unrestricted funds
**124,877**
**TOTAL FUNDS**
**124,877**|2022
Total
funds
£
9,099
116,383
125,482
(820)
124,662
124,662
124,662
124,662
124,662|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. M P Liddle - Trustee
The notes form part of these financial statements
Page 4
**The British Institute of Embalmers Charitable Trust**
## **Notes to the Financial Statements**
## **for the Year Ended 31st December 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements have been prepared under the historical cost convention.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||**2023**|2022|
||**£**|£|
|Deposit account interest|**1,937 **|395|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2023 nor for the year ended 31st December 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st December 2023 nor for the year ended 31st December 2022.
Page 5