REGISTERED COMPANY NUMBER: CE010603 (England and Wales)
REGISTERED CHARITY NUMBER: 1172109
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st December 2024
for
The British Institute of Embalmers
Charitable Trust
West - Chartered Accountants
Suite K, Priest House
1624 High Street
Knowle
Solihull
West Midlands
B93 0JU
The British Institute of Embalmers
Charitable Trust
Contents of the Financial Statements
for the Year Ended 31st December 2024
|
Page |
Report of the Trustees |
1 |
Statement of Financial Activities |
2 |
Balance Sheet |
3 |
Notes to the Financial Statements |
4 to 7 |
Detailed Statement of Financial |
|
Activities |
8 |
The British Institute of Embalmers
Charitable Trust
Report of the Trustees for the Year Ended 31st December 2024
Thetrusteeswhoarealsodirectorsofthecharityforthepurposesof the
CompaniesAct2006,presenttheirreportwiththefinancialstatementsof the
charityfortheyearended31stDecember2024.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:Statementof Recommended
Practiceapplicabletocharitiespreparingtheiraccountsinaccordancewith the
FinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust, and
constitutesalimitedcompany,limitedbyguarantee,asdefinedbythe Companies
Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE010603 (England and Wales)
Registered Charity number
1172109
Registered office
21c Station Road
Knowle
Solihull
West Midlands
B93 0HL
Trustees
M P Liddle Treasurer
D L Kaye Chairman
E G Williams-Price Secretary
Mrs R M Shipley
J C S Lindsay
Company Secretary
Approvedbyorderoftheboardoftrusteeson19thFebruary2025andsigned on
its behalf by:
M P Liddle - Trustee
Page 1
The British Institute of Embalmers
Charitable Trust
Statement of Financial Activities for the Year Ended 31st December 2024
2024
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
750
Investment income
2
2,626
Total
3,376
EXPENDITURE ON
Charitable activities
Welsh Office donation
-
Scottish Office donation
-
National Office donation
-
Trustees' awards
1,500
Hairdressing course
300
Charitable Activities
2,000
Other
(117)
Total
3,683
NET INCOME/(EXPENDITURE)
(307)
RECONCILIATION OF FUNDS
Total funds brought forward
124,877
TOTAL FUNDS CARRIED FORWARD
124,570 |
2023
Total
funds
£
700
1,937
2,637
317
425
805
-
300
-
575
2,422
215
124,662
124,877 |
|
|
The notes form part of these financial statements
Page 2
The British Institute of Embalmers
Charitable Trust
Balance Sheet 31st December 2024
2024
Unrestricted
funds
Notes
£
CURRENT ASSETS
Cash at bank
124,570
CREDITORS
Amounts falling due within one
year
5
-
NET CURRENT ASSETS
124,570
TOTAL ASSETS LESS CURRENT
LIABILITIES
124,570
NET ASSETS
124,570
FUNDS
6
Unrestricted funds
124,570
TOTAL FUNDS
124,570 |
2023
Total
funds
£
125,697
(820)
124,877
124,877
124,877
124,877
124,877 |
|
|
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477 of
the Companies Act 2006 for the year ended 31st December 2024.
Themembershavenotrequiredthecompanytoobtainanauditofits financial
statementsfortheyearended31stDecember2024inaccordancewithSection 476
of the Companies Act 2006.
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 for each financial year 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.
Thesefinancialstatementshavebeenpreparedinaccordancewiththe provisions
applicable to charitable companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesand authorised
for issue on 19th February 2025 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
Page 3
The British Institute of Embalmers
Charitable Trust
Notes to the Financial Statements for the Year Ended 31st December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisa public
benefitentityunderFRS102,havebeenpreparedinaccordancewith the
CharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUK and
RepublicofIreland(FRS102)(effective1January2019)', Financial
ReportingStandard102'TheFinancialReportingStandardapplicablein the
UKandRepublicofIreland'andtheCompaniesAct2006.The financial
statements have been prepared under the historical cost convention.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesonce the
charityhasentitlementtothefunds,itisprobablethattheincome will
be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegal or
constructiveobligationcommittingthecharitytothatexpenditure,it is
probablethatatransferofeconomicbenefitswillberequired in
settlementandtheamountoftheobligationcanbemeasured reliably.
Expenditureisaccountedforonanaccrualsbasisandhasbeen classified
underheadingsthataggregateallcostrelatedtothecategory.Where costs
cannotbedirectlyattributedtoparticularheadingstheyhave been
allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitable objectives
at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposes within
theobjectsofthecharity.Restrictionsarisewhenspecifiedbythe donor
or when funds are raised for particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincluded in
the notes to the financial statements.
2. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
|
2024 |
2023 |
|
£ |
£ |
Deposit account interest |
2,626 |
1,937 |
3. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyear ended
31st December 2024 nor for the year ended 31st December 2023.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyear ended
31st December 2024 nor for the year ended 31st December 2023.
continued...
Page 4
The British Institute of Embalmers
Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31st December 2024
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Total
EXPENDITURE ON
Charitable activities
Welsh Office donation
Scottish Office donation
National Office donation
Hairdressing course
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
5.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
6.
MOVEMENT IN FUNDS
At 1.1.24
£
Unrestricted funds
General fund
124,877
TOTAL FUNDS
124,877 |
2024
£
-
Net
movement
in funds
£
(307)
(307) |
Unrestric
funds
£
700
1,937
2,637
317
425
805
300
575
2,422
215
124,662
124,877
2023
£
820
At
31.12.24
£
124,570
124,570 |
|
|
|
continued...
Page 5
The British Institute of Embalmers
Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31st December 2024
6. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS
Comparative net movement in funds, included
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
3,376
(3,683)
(307)
3,376
(3,683)
(307)
Net
movement
At
At 1.1.23
in funds
31.12.23
£
£
£
124,662
215
124,877
124,662
215
124,877
in the above are as follows:
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
2,637
(2,422)
215
2,637
(2,422)
215 |
|
|
Acurrentyear12monthsandprioryear12monthscombinedpositionis as
follows:
Unrestricted funds
General fund
TOTAL FUNDS |
At 1.1.23
£
124,662
124,662 |
Net
movement
in funds
£
(92)
(92) |
At
31.12.24
£
124,570
124,570 |
|
|
|
|
continued...
Page 6
The British Institute of Embalmers
Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31st December 2024
6. MOVEMENT IN FUNDS - continued
Acurrentyear12monthsandprioryear12monthscombinednetmovement in
funds, included in the above are as follows:
|
Incoming |
Resources |
Movement |
Movement |
|
resources |
expended |
in funds |
|
|
£ |
£ |
|
£ |
Unrestricted funds |
|
|
|
|
General fund |
6,013 |
(6,105) |
|
(92) |
TOTAL FUNDS |
6,013 |
(6,105) |
|
(92) |
7. RELATED PARTY DISCLOSURES
Therewerenorelatedpartytransactionsfortheyear ended
31st December 2024.
Page 7
The British Institute of Embalmers
Charitable Trust
Detailed Statement of Financial Activities for the Year Ended 31st December 2024
----- Start of picture text -----
||||
|---|---|---|
|2024|2023|
|£|£|
|INCOME AND ENDOWMENTS|
|Donations and legacies|
|Donations and legacies|750|700|
|Investment income|
|Deposit account interest|2,626|1,937|
|Total incoming resources|3,376|2,637|
|EXPENDITURE|
|Charitable activities|
|Welsh Office donation|-|317|
|Donation to Keele|2,000|-|
|Hairdressing course|300|300|
|Trustees' award|1,500|-|
|3,800|617|
|Support costs|
|Other 2|
|Scottish Office donation|-|425|
|National Office donation|-|805|
|-|1,230|
|Governance costs|
|Other|(117)|575|
|Total resources expended|3,683|2,422|
|Net (expenditure)/income|(307)|215|
----- End of picture text -----
This page does not form part of the statutory financial statements
Page 8