``` 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 ```