Charity registration number 1177640 Company registration number 08917886 (England and Wales) BRITISH ASSOCIATION OF BODY SCULPTING ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST2023 BRITISH ASSOCIATION OF BODY SCULPTING LEGALAND ADMINISTRATIVE INFORMATION Trustees DrA Dutta Dr K Singh Dr l Morgan (Appointed 26 November 20221 Charity number 1177640 Company nufflber 08917886 Principal addre55 The Con5table Country Medical Practice Heath Road East Bergholt Essex C076RT Registered office Gascoynes House Moseleys Farm Business Centre Fornham All Saints Suffolk IP28 6lY Accountant Gascoynes Gascoynes House Moseleys Farm Business Centre Fornham All Saints Suffolk IP28 61Y BRITISH ASSOCIATION OF BODY SCULPTING CONTENTS Page Trustees report Independent examiner's report Statement ollinancial activities Balance sheet Notes to the financial statements BRITISH ASSOCIATION OF BODY SCULPTING TRUSTEES REPORT IINCLUDING DIRECTORS, REPORTI EOR IHEPERIOD SNDSD 31AYGU512023 The truste&s present their annual report and financial statements lorthe period ended 31 August 2023. Tho financial statements have been prÈpared in accord3nce with the accounting policies sel out in note I to the lin3ncial 51atements and comply with the charity'5 Igoverning documentl, the Companie5 Act 2006 and "Accountiry and Reporting by Charities.. Siatemont ol RocommendÈd PractlCQ 3pplicable to charities preparin their accounts In 3ccardance with the Financial Reporting Stsndard applicable in the UK and Republic ol Ireland IFRS 1021.Yeffective I january 20191. Objectives and activitie5 The chèiily s objects are to educate the public in health and lifestyle choices, protectio) ol practitioners and educating Surgeons etc. The trustees h3V@ P3id due regard to guidance issued by the Charity Commission in deciding what attivities the charity should undertake. The charity'5 polig is lo con5uII and di5CU55 wilh ewployee5 (where relev3nil, Ihrough union5, 51aff councils and at meetings, matt&rs likely to affect emplDyees' interests, Information ol matters ol concern to employees is given through information bulletin5 and report5 which seek to achieve a common awarenes5 on the part ol all employees ol the financial and economic factors affecting the group's performance. Applications lor employment by disabled persons are always fully considered, bearing in mind the wlitucles ol the applicant concerned. In Ihe event ol member5 015taff becorning disabled, every effort 15 made to ensure that their employment within the charity continues and that the appropriate training is arranged. 11 is the policy ol the charity Ihat the training, career developrnenl and promotion old15abled per50n5 should, a5 lar as p0551ble, be identical to that olother employee5. Financial review 11 is the policy of Ihe chaiily that unrestricted funds which have not been designated for a specffiic use should be maintained al a level equivalent lo between three and SIK month's expen(Jilure, The trustees consider that reseryes at this level will ensure that, in the eveni ol a significant drop in funding, they will be able 10 continue the chèiitys current activities while consideration is given to ways in which acjditional funds rnay be raised, This level ol reseNes has been maintained throughout the period. The Iru51ees h3ve a55e55ed the major risks 10 which the chaiily is Éxposed, and are satisfied thètsystems arè in place 10 mili9ale exposure to the major risks, Structure. governance ènd n)anagement The charity 15 a cornpany limited by guarantee. The trustees, who are also the directors for the purpose olcompany law, and who served during the period and up to the date ol signature ofthe financial statemenis were.. DrA Dutta Dr K Singh Dr L P Glancey Dr l Morga (Resigned 26 November 20221 04ppointed 26 November 20221 None Dlthe trustees has any beneficial interest in the cornpany. All Dlthe trustees are members ol Ihe company and guarantee to contribute £1 in the event ola winding up. The company 5 current policy coDcerning the payment oltrade creditOf5 15 to follow the CBI'5 Prornpt Payer5 Code (copies are available frorn the CBI, Centre Point, 103 New Oxford Street. London WCIA IDUI. The company's currenl policy concerning the payment oltrade creditors is to.. settle the term5 01 payment with supplier5 when agreeing the term5 oleach transaction, ensure Ihat suppliers are made aware ol the terms ol payment by Inclusion olthe relevant terms in contracts., ènd pay in accordance with the company s contractual and other legal obligations. The tnJ5tees report wa5 approved by the Board of Trustee5. Dr l Morga Presider)t and Trustee Dated.. 29 April 2024 BRITISH ASSOCIATION OF BODY SCULPTING STATEMENT OF TRUSTEES RESPONSIBILITIES EOR IHEPERIOD SNDSD 31AYGU512023 The Irust@es, who are also th@ directors ol British Association ol Body Sculptin9 lor the purposeol company18w. are r&sponsible lor preparing the Trustee5 Report and the financial 5tstements in accordance with applicable law and United Kingdorn Accounting Standards IUnit@d Kingdom Generally Accepted Accounting Practice) Company Law requires the trustees to prepare financial statements lor each financial year which give a true and 13ir view ol the slate of affair5 olthe charity and olthe incoming re50urce5 and application ol resouice5, including Ihe income and expenditure, ol ihe charitable companylor thal period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently.. - obseNe the methods and principles In the Charities SORP., - makejudgements and estimates that are reasonable and prudent., stste whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial 5tatemen15', and prepare the financial 5tat8fflenls on the going concern basis unless il is inappropriate to presu1r￿ Ihat the charity will continuè in operation. The trustees are responsible lor keeping adequate accounting records that disclose with reasonable accuracy at any lime the financial p05ilion ol the charity and enable theffl to ensure that the financial slalements comply with the Companie5 Act 2006. They are also responsible lor safeguarding the assets ol the charity and hence lor taking reasonablesteps lor the prevention and detection ollraud and oiher irregularities. BRITISH ASSOCIATION OF BODY SCULPTING INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF BRITISH ASSOCIATION OF BODY SCULPTING We report to the truste@s on our examination ol the financial statements ol Brilish Association ol Body Sculpting (the charity) for the period ended 31 August 2023. Re5pon5ibilitie5 and ba515 of report As the trustees of the charity land also ils directors loi the purposes of company lawl you are r*ponsible for the piepaTrtion of the financial statements in accordance with the requirements olthe Companies Act 2(X6 (the 2006 Act). Having satisfied ourselves that the financial statements ol the ch3rity are not required to be audited under Part 16 of the 2006 Act and are eligible lor independent examination, we report in respect ol tsui eKamination ol the chaiily s financial statements carried out under section 145 of the Chafities Act 2011 (the 2011 Act). In carrying Out our examination we have followed all the applicable Directions given by the Chaiily Commission under section 1451511bl of the 2011 Act. Independent examiner s statement We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that In any material respect.. ccounling records were not kept in respect olthe chèrityas required by section 386 olthe 2C06Act,' or the financial statements do not accord with those records,. Dr the financial statements do not comply with the accounting reouiiements ol seciion 396 01 Ihe 2CU6 Act oihei than any requirement that the accounts give a true 8nd lair view which is not a matter considerecj as part ol an independent examination,, or the financial statements have not been prepared in accordance with the methods and princiFles ol the Statement ol Recommended Practice lor accounting and reporling by charitie5 applicable lo charitie5 preparing Ihéyr accounts in accordance with the Financial Reporting Stancjard applicable in the UK and Republic ol Ireland IFRS1021. We have no concerns and have come across no other matters in connection with the examination lo ￿k￿ch atiention should be drawn in this report in order lo enable a proper undersl8nding ol thefinancial 5tsternenls to be reached. Gascoynes Chartered Accountsnts Gascoynes House M05eleys Farm Business Centre Foinham All Sain15 Suffolk IP28 61Y Dated.. 29 April 2024 BRITISH ASSOCIATION OF BODY SCULPTING STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR IHEPERIOD SNDSD 31AUGU512023 Unrestricted lund5 2023 Total 2022 Notes Income from.. Charitable activities Subsciiptions 25,552 16,140 Expenditure on.. Raising funds Charilèble activities Conferences. lectures and training Legal, professional and audit 9,018 17,620 7,935 3,609 Total chaiilable expenditure 26,638 11,544 Nel income lor the year/ Nel movement in funds 11,0861 4,596 Fund balances at l March 2022 7,688 3.092 Fund balances at 31 August 2023 6,602 7,688 The statement ollinancièl activities includes èll gains and losses recognised in the period, All income and expenditure derive from continuing activities. The staiement ol financial activities also complies with the requirements lor an income and expenditu￿ account under the Companies Act 2006. BRITISH ASSOCIATION OF BODY SCULPTING BALANCE SHEET ASA131AUGUS12023 2023 2022 Notes Current assets Cash at bank and in hand 17,009 9,(X)7 17.009 10,407 9.￿7 1,319 Creditors.. amount5 falling due within one year Net current assets 6,602 7.688 Income funds Unrestricted funds 6,602 7,688 6,602 7.688 The members have not required the company to obtain an audit ol its financial statements lor the period in question in accordance wilh section 476. The company is entitled to the exemption from the audit requirement contained In section 477 01 the Companies Act 2006, lor the period ended 31 August 2023. The directors acknowlèdge thèir responsibilities lor complying wilh thè requirèmén15 01 thè ComparMe5 Act 2(X)6 with respect to accounting records and the preparation ollinancial statements. These financial statements have been prepared in accordance with the provisions applicable to comp3nies subject to the small companie5 regime. The financial 5tatefflenls were apprcwed by the board ol directors and authorised lor issue on 29 Apil 2024 and are signed on 115 behalf by,. Dr l Morgan President and Trustee Company Registration No. 08917886 BRITISH ASSOCIATION OF BODY SCULPTING NOTES TO THE FINANCIAL STATEMENTS EOR IHEPERIOD SNDSD 31AYGU512023 Accounting policies Charity information Britlsh Association ol Body Sculpting is a private company Iirnited by guaranlee Incorporated In England and Wales. The registered office is Gascoynes House, Moseleys Farm Business Centre, Fornham All Saints, Suffolk, IP28 61Y. 1.1 Accounting eonvention The lin3ncial statements have been prepared in accordanc& with the charity's Igovernin9 documentl, the Companies Act 2006 and Accounling and Reporting by Charities.. Statement ol Recommended Practice applicable lo chJities preparing thoir accounts in accordance with the Financial Reporting Standard applicable in tho UK ard Ropublic ol Ireland IFRS 1021" la5 amended for accounting periods commencing from I january 20191. The charity 15 a Public Benefit Entity as defined by FRS 102. The charity has taken advantsge ol the provisions in the SORP lor charities applyin9 FRS 102 Update Bulletin I not to prepare a Statement ol Cash Flow5. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, Imodilied lo indude the revaluation ol freehold properties and lo include investment properties and certain lin8ncial instruments al lair valuel. The principal accounting policies adopted are sei out below. 1.2 Going concern Al the lime ol approving the financial statements, the trustees have a reasonable expectation that the chaiily has adequate resources lo continue in operation31 existence for the foreseeable future. Thus the trustees continue lo adopl Ihe going concern basis olaccounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available lor use at the discretion ollhe trustees in luriherarice of their charitable objectives. Reslricted fund5 are subject 10 Specific conditions by donors a5 to how they may be used. The pU[￿seS and uses ol the restricted funds are set out in the notes to Ihe financial statements. Encjowrnenl funds are subject to specific conditions by donors that the capital must be maintained bythe charity, 1.4 Incoming resources Income is recognised when the charity is legally entitled to it after any perlorm3nce conditions hale been met, the mounts can be measured reliably. and it is probable that income will be received. Cash donation5 are recognised on receipt. Other donations are recognised once the charity has been notified ol the donation, unless perform3nce conditlons require deferral ol the amount. Income tax recoverable in relation to doDalions received under Gift Aid or deeds ol covenant is reC￿niSed at the time ofthe dor)alion. Legacies are recognised on receipt or otherwise il the charity has been nolified ol an impending d6tribution. the amount Is known, and receipt 15 expected. Ilthe arnount is not known, the legacy is treated a5 a contingenta55et. 1.5 Resources expended Expenditure is recognised once there is a legal or constructive obli9alion to transfer economic bwefit lo a third paty, it is probable th3t a transfer ol economic benefit5 will be required in settlernent, and the amount ol the obligation c3n be measurÈd rèliably. Expenditure is classified by activity. The costs ol each activity are rnado up ol tho total of dIr￿t costs and shared costs. including 5UPPOrt Costs involved in undertaking each activity. Direct C05t5 attributable to a single activity are allocated directly to that activity. Shared costs which contribute to moro than one activity and support costs which are not attributsble to a single activity are apportioned bebNeen those activitie5 on a ba515 con515tent with the use ol re50urce5. Central staff costs are allocated on the basis ol time spent, and depreciation charges are allocaled on the portion ol the a55et 5 Use. BRITISH ASSOCIATION OF BODY SCULPTING NOTES TO THE FINANCIAL STATEMENTS ICQNTINUEDI EOR IHEPERIOD SNDSD 31AYGU512023 Accounting policies Iconiinuedl Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when 3 constructive obligatiorb arises that results In the payment being unavoidable. Costs ol generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that ftise funds. Giants payable are payments made to third pariies in the luitherance ol the chaiiiable objectives ol the Tiusl. Single or multi-ye3r gr3nts are accounted lor when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay Ihe grant without condition, 01 the recipient has a reasonable expectation that Ihey will receive a grant and any condition attaching lo the grant is outside olthe control ol the Trust. Provisions lor grants are made when the intention to m3ke a grant has been communicated to the recipient but there is unceriainly about either the timing tslthe grant 01 the amtsuni of grant payable. Governance costs include those Incurred in the governance ol its assets and are primarily associated with constilutional and statutory requirements. Support costs include central functions and have been èllocaied to activity cost categories on a basis consisteni with Ihe use ol resources, e.g. èllocating office property costs by floor areas. management and human resources costs by the number ofstam, and finance and IT costs by work done. 1.6 C85h and cash equivalents Cash and cash equivalenis include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities ol three rnonths Dr less. and bank overdrafts. 8ank overdraft5 are shown within borrowings in current Sèsichnbnciè/ass6ts Basic financial assets, which include debtors and cash and bank balances, are initially measured a Iiansaciion price including transaction costs and 3re subsequently carried al amortised cost using the effective interest method unless the arrangement conslilules a financing Iiansaciion, where the Iiansaciion is measured at Ihe present value ol the future receipts discDunled at a market rale ol interest. Financi31 assets classified as receivable within one ye3r are nDI amortised. sicfinanGi8lliabilities 8a5ic financial liabilities, including crèditors and bank loans are initièlly recognisèd at Irènsaciion price unlèss thè arrangement conslilules a financing transaction, where the debt instrument is meèsured at the present value olthe future payfflenls discounted al a market rale ol Interest. Financial liabilitie5 classified as payable within one ye3r 3re not amoitised, Debi instruments are subsequentlycarriecj at amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acouired in the Ordin￿ course of operations from suppliers. Amounls payable are classified as currenl liabilities Il payment Is due within one ye3r or le5s.11 not, Ihey are pie5enled B5 non-current li3bililie5. Trade creditor5 are iecogni5ed initiolly at trèn53ction price and 5ub5eouently measured at amort15ed cost using the effective Inteiesl method. D&r8cognition ofjfinanci5ll1abiliti￿s Financial liabilitie5 are derecogni5ed when thecharity'5 Contractual obligations expire or are discharged or cancellecj. Taxation The chaiity is exemptfrom corporation tsx Dn its charitsble activitie5. BRITISH ASSOCIATION OF BODY SCULPTING NOTES TO THE FINANCIAL STATEMENTS ICQNTINUEDI EOR IHEPERIOD SNDSD 31AYGU512023 Charitable activities Subscriptions Subscriptions 2023 2022 Income within charitsble activities 25,552 16,140 Employees There were no employees during the period, Trustees None ol the trustees lor any persons connected with theml received any remuneration or benefits from the charity during the period. Creditor5.' 8mounts tslling due within oneye8r 2023 2022 Deferred income Accruals and deferred income 8,913 1.494 1,319 10,407 1,319 ## British Association of Body Sculpting - Finalised 2023 accounts Final Audit Report 2024-04-29 Created: 2024-04-29 By: Gascoynes Accounts (Accounts@gascoynes.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAW1G5NNSLcfdhvz8iDRvc9Je3o21kTuSC ## "British Association of Body Sculpting - Finalised 2023 accounts" History Document created by Gascoynes Accounts (Accounts@gascoynes.co.uk) 2024-04-29 - 14:12:05 GMT- IP address: 81.149.163.35 ## Document emailed to Ian Morgan (ismorgan1@yahoo.com) for signature 2024-04-29 - 14:12:42 GMT ## Email viewed by Ian Morgan (ismorgan1@yahoo.com) 2024-04-29 - 16:13:37 GMT- IP address: 87.248.116.147 Ian Morgan (ismorgan1@yahoo.com) entered valid password assigned by the sender. 2024-04-29 - 16:31:18 GMT Document e-signed by Ian Morgan (ismorgan1@yahoo.com) Signature Date: 2024-04-29 - 16:32:05 GMT - Time Source: server- IP address: 176.35.207.20 ## Agreement completed. 2024-04-29 - 16:32:05 GMT