BlE CHARITABLE TRUST
Annual Report for 2025
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 Divisions 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 2025 were: David Kaye FBIE (Chairman), Edward Williams-Price FBIE (Secretary), Michael Liddle FBIE (Treasurer), Rachel Shipley FBIE and Jimmy Lindsay FBIE.
The Trustees met via Zoom in January and in person at Anubis House in September. All the regular business is dealt with by email throughout the year and this year covered the Trustees’ Award, the Fellows’ American Exchange, where Trustees paid expenses prior to reimbursement by the sponsor, and applications for educational events.
The post-graduate Hairdressing Course did not take place this year because of Rachel Shipley’s busy schedule as National President. A course has been arranged for March 2026. The course is reported in The Embalmer for publicity purposes but awareness amongst the membership is sparse.
The winner of the Trustees’ Awards for examination marks by new members in the previous year’s intake is Natalie Crompton of the North West Division who won both the theoretical and practical awards. The certificates and cheque were presented at a North West Divisional meeting by Rachel.
The Trust is proud to continue support of the Keele educational weekend where our grant benefits a high number of members. The Trustees will consider applications from Divisions arranging educational events. In 2025 grants were made to the Welsh and Yorkshire Divisions for their education 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 COMPANY NUMBER: CE010603 (England and Wales) REGISTERED CHARITY NUMBER: 1172109
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2025
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 31 December 2025
| 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 31 December 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the 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
Approved by order of the board of trustees on 16[th] February 2026 and signed 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 31 December 2025
| 31.12.25 | 31.12.24 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 2,401 | 750 | |
| Investment income | 2 | 2,122 | 2,626 |
| Total | 4,523 | 3,376 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Trustees' awards | 1,975 | 1,500 | |
| Hairdressing course | - | 300 | |
| Charitable Activities | - | 2,000 | |
| Other | 2,165 | (117) | |
| Total | 4,140 | 3,683 | |
| NET INCOME/(EXPENDITURE) | 383 | (307) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 124,570 | 124,877 | |
| TOTAL FUNDS CARRIED FORWARD | 124,953 | 124,570 |
The notes form part of these financial statements
Page 2
The British Institute of Embalmers Charitable Trust
Balance Sheet 31 December 2025
| 31.12.25 Unrestricted funds Notes £ CURRENT ASSETS Cash at bank 124,953 NET CURRENT ASSETS 124,953 TOTAL ASSETS LESS CURRENT LIABILITIES 124,953 NET ASSETS 124,953 FUNDS 5 Unrestricted funds 124,953 TOTAL FUNDS 124,953 |
31.12.24 Total funds £ 124,570 |
|---|---|
| 124,570 | |
| 124,570 | |
| 124,570 | |
| 124,570 | |
| 124,570 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 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.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 16[th] February 2026 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 31 December 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have 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
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.12.25 | 31.12.24 | |
| £ | £ | |
| Deposit account interest | 2,122 | 2,626 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.
continued...
Page 4
The British Institute of Embalmers Charitable Trust
| Notes to the Financial Statements- continued for the Year Ended 31 December 2025 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Charitable activities Trustees' awards Hairdressing course Charitable Activities Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 5. MOVEMENT IN FUNDS At 1.1.25 £ Unrestricted funds General fund 124,570 TOTAL FUNDS 124,570 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 4,523 TOTAL FUNDS 4,523 |
Unrestricted funds £ 750 2,626 3,376 1,500 300 2,000 (117) 3,683 (307) 124,877 124,570 Net movement At in funds 31.12.25 £ £ 383 124,953 383 124,953 Resources Movement expended in funds £ £ (4,140) 383 (4,140) 383 |
|---|---|
continued...
Page 5
The British Institute of Embalmers Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
5. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1.1.24 £ 124,877 124,877 |
Net movement in funds £ (307) (307) |
At 31.12.24 £ 124,570 124,570 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 3,376 | (3,683) | (307) | |
| TOTAL FUNDS | 3,376 | (3,683) | (307) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.1.24 £ 124,877 124,877 |
Net movement in funds £ 76 76 |
At 31.12.25 £ 124,953 124,953 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 7,899 | (7,823) | 76 | |
| TOTAL FUNDS | 7,899 | (7,823) | 76 |
continued...
Page 6
The British Institute of Embalmers Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2025.
Page 7
The British Institute of Embalmers Charitable Trust
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations and legacies Investment income Deposit account interest Total incoming resources EXPENDITURE Charitable activities Welsh Office donation Donation to Keele Hairdressing course Trustees' award Yorkshire division donation American exchange payment Support costs Governance costs Other Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Year Ended 31 December 2025 31.12.25 31.12.24 £ £ 1 - 2,400 750 2,401 750 2,122 2,626 4,523 3,376 500 - - 2,000 - 300 1,000 1,500 475 - 1,498 - 3,473 3,800 667 (117) 4,140 3,683 383 (307) |
|---|---|
This page does not form part of the statutory financial statements
Page 8