```
REGISTERED COMPANY NUMBER: 06634531 (England and Wales)
REGISTERED CHARITY NUMBER: 1181666
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
```
```
FOR
BACD
```
```
The Carley Partnership
St James's House
8 Overcliffe
Gravesend
Kent
DA11 0HJ
```
```
BACD
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021`**
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`4`|
|**`Independent Examiner's Report`**||`5`||
|**`Statement of Financial Activities`**||`6`||
|**`Balance Sheet`**||`7`||
|**`Notes to the Financial Statements`**|`8`|`to`|`13`|
|**`Detailed Statement of Financial Activities`**|`14`|`to`|`15`|
```
BACD
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2021
```
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended30June2021.Thetrusteeshaveadoptedtheprovisions of
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
ItistheaimoftheCharitytoadvancetheeffective,safeandethicalpracticeofaestheticmedicinetothebenefitof all
concernedthroughleadership,provisionofinformation,education,support,professionaldevelopmentand the
maintenance of the highest professional standards.
```
```
The objects of the Charity shall be:
```
- `(a) the relief of sickness and the promotion of health, in particular by:`
```
i. promoting and encouraging the study and practice of aesthetic medicine;
```
```
ii. promoting research and audit of aesthetic medicine and publishing the useful results of it;
```
```
iii. recommending standards of training in aesthetic medicine;
```
```
iv.maintainingthehighestprofessionalstandardsinpracticeofaestheticmedicineinrelationtoclinicalpractice and
patient care;
```
```
v. advancing the effective, safe and ethical practice of aesthetic medicine;
```
```
vi.promotingtheprevention,diagnosisandeffectivetreatmentofdiseases,disordersandconditionsinrelationto the
practice of aesthetic medicine; and
```
- `(b) the advancement of education, in particular by:`
```
i. providing educational information and advice to the public and patients
```
```
ii.facilitatingcontactbetweenmembersofthecharityandotherindividualsandorganisationsconcernedwiththe study
andpracticeofaestheticmedicine,particularlywiththeaimofencouragingtheexchangeofclinicalexperience, scientific
thought and investigation;
```
```
iii.collaboratingwithmedical,academicandotherinstitutionsintheUKandworldwideinthepracticeand development
of aesthetic medicine;
```
```
iv. providing educational and professional development activities and opportunities for doctors;
```
```
v.adviseandmakerepresentationstomedical,governmental,regulatoryandothersuchbodiesasmaybe concerned
with any of the aspects of aesthetic medicine; and
```
```
vi. providing information, guidance and advice on aesthetic medicine and associated health issues.
```
## **`Significant activities`**
```
Themainactivitiesofthecharitytheyearofoperationhavebeentheadvancementofeducationthroughits conference,
facilitatingcontactbetweenmembersofthecharityandotherindividualsandorganisationsconcernedwiththestudy and
practiceofAestheticMedicineandcollaboratingwithmedical,academicandotherinstitutionsintheUKinthe practice
and development of Aesthetic Medicine.
```
```
Page 1
```
```
BACD
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2021
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
TheTrusteeshavehaddueregardtotheCharityCommission'sguidanceonpublicbenefitwhensettingthe charity's
activities.
```
```
Thecharityhascontinuedtoworkwithanumberofgovernmentalandnon-governmentalorganisationssuchas the
GeneralMedicalCouncil,theGeneralDentalCouncilandtheDepartmentofHealthandSocialCareinstrengthening the
training,regulation,developmentofstandardsanddeliveryofaestheticmedicaltreatmentsaimedatimprovingsafety for
members of the public.
```
```
Theyearunderreviewhasseenacontinuationoftheprofessionalisationofthecharity'sleadershipand management
through the ongoing development of the Board of Trustees and the professional services team.
The College has seen the expansion and reorganisation of the professional services team.
```
```
Thus,theCollegenowhascontinuedtoworkwithJCCPtocoordinatetraininganddevelopmentofmembersto establish
equivalenceofmembershipwithcriteriaforrecognitionundertheJCCPscheme.Inaddition,theCollegehasrunits first
membership examinations for Associate members to upgrade to full membership.
```
```
Growingourcommunityofmembersisessentialtosustainthecriticalmassrequiredtoassertthehighest professional
standardswhichservethepublicandpatients.TheCollegehasworkedtodevelopanewwebsitetopromote education
of the public in the field of Aesthetic Medicine and also improve information delivery to both the public and members.
```
```
ThepandemichascontinuedtoimpacttheCollegeanditsmembersthroughouttheyearandinordertosupportthe safe
andeffectivedeliveryofAestheticMedicinetothepublictheCollegesoughtlegaladviceinrelationtoservice delivery
during lockdowns and has introduced support for members in the form of mindfulness sessions.
```
```
ForthesecondconsecutiveyeartheCollegedeliveredtheBCAMconferencewhollyonlineinSeptember2020which has
helped to minimise any negative financial impact.
```
```
Thepandemichas,todate,hadlittleimpactonthemembershipstrengthoftheCollege-ourothermainsource of
revenue-despitethefinancialimplicationsoflockdownfortheconductofmembers'practices.TheCollegehasput in
placemeasurestoassistmembersinfinancialdistressincludingphasedanddeferredsubscriptionpaymentoptions for
thefirsttime.Overall,assistingmemberswithinformation,adviceandguidanceonCOVID-19,lockdownand the
resumption of clinical services has formed a large part of the charity's day-to-day activities in the calender year 2021.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
TheBritishCollegeofAestheticMedicineisgratefultoitssupporters,sponsorsandmemberswhoseloyaltyenables the
Collegetopursueitsaimsofadvancingtheeffective,safeandethicalpracticeofaestheticmedicinetothebenefitof all
concerned,throughleadership,provisionofinformation,education,support,professionaldevelopmentand the
maintenanceofthehighestprofessionalstandards.Thestatementoffinancialactivitiesshowsnetexpenditurefor the
year to 30th June 2021 of £45,157 (2020 : £45,591).
```
```
Page 2
```
```
BACD
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021`**
## **`FINANCIAL REVIEW`**
## **`Reserves policy`**
```
Thegeneralreservesasof30thJune2021standat£362,768.Thisishigherthanthereservespolicyandwillbe utilised
onthefutureprojects.Thecharity'spolicyonreservesistomaintainalevelofreservessuchthatthecharityholds a
levelofworkingcapitaltooperateeffectively.Thetrusteesbelieveoneyear'soperatingcostsshouldachievethisgoal .
The financial stability of the College remains the core focus of the trustees and professional service team going forward.
```
```
Projectswhicharealreadyintrainwillbefeltinthenextfinancialyear.Principallyourinvestmenttoimprove the
College'sdigitalfootprintisanoperationalareaplannedtoyieldefficienciesformembercommunications and
managementinthemediumtolongterm,butwhichwillrequiresignificantup-frontinvestment,whichwillfallinto the
academicyear2020-2021.Theapprovalofain-housecommunicationsprofessionaltocoordinateandlead our
relationshipswiththemedia,communicatewithourtradepartners,providewebsitecontentmanagement,including for
thepublicandpatients,andraisetheCollege'sprofilestillfurtherthroughthecreativeuseofdigital marketing
techniques.
```
```
InlinewithacontinuingriskassessmentprocesstheBoardofTrusteesremainconfidentinthefinancial governance
whichismonitoredthroughtheproductionandreviewofmanagementaccountsandriskregister.Where appropriate
systemsandprocessesareinplacetomitigateidentifiedrisks.Externalriskintermsofmembershipsubscriptions and
conferenceparticipationismonitoredregularlythroughtheprofessionalservicesteamandtheBoardof Trustees
alongsidethebusinessplanningprocesswhichreviewstheopportunitiestogrowand/ordiversifythrougha combination
ofcorporatepartnershipsandafocusoncorestrategicactivitieslikelytowidenmembership,includingsimplifying and
widening membership eligibility.
```
## **`Going concern`**
```
The trustees currently have no concerns regarding the future of the charity.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
```
## **`Recruitment and appointment of new trustees`**
```
(1)AnyFull,FelloworLifeMemberoftheCharitywhoiswillingtoactasaTrustee;iseligibleundertheseArticlesand is
permitted by law to do so, may be appointed to be a Trustee
```
```
(a) by Special Resolution of the Charity at General Meeting or
```
```
(b) by election, in accordance with the requirements of these Articles or
```
- `(c) by a decision of the Trustees.`
```
(2)Inanycasewhere,asaresultofdeath,thecharityhasnomembersandnoTrustees,thepersonalrepresentatives of
the last member to have died have the right, by notice in writing, to appoint a person to be a Trustee.
```
```
(3)Forthepurposesofparagraph(2),where2ormoremembersdieincircumstancesrenderingituncertainwho was
the last to die, a younger member is deemed to have survived an older member.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`**
```
06634531 (England and Wales)
```
## **`Registered Charity number`**
```
1181666
```
## **`Registered office`**
```
Shorne Village Surgery
Crown Lane
Shorne
Kent
DA12 3DY
```
```
Page 3
```
```
BACD
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021`**
## **`Trustees`**
```
Dr P B Charlson (resigned 23/8/2020)
Dr J Elder
Dr U Gout
Dr R J Harker (resigned 30/6/2021)
Dr K Long (resigned 4/9/2020)
Dr P Myers
Dr C Fairris
Dr B Kaur (appointed 5/10/2020)
Dr A E Zatonska (appointed 5/10/2020)
Dr D McKeown (appointed 16/11/2021)
Dr S Shotter (appointed 24/11/2021)
```
## **`Company Secretary`**
```
Dr P.A. Dobson
```
## **`Independent Examiner`**
```
Tanja Lawes
FCA
The Carley Partnership
St James's House
8 Overcliffe
Gravesend
Kent
DA11 0HJ
```
```
Approved by order of the board of trustees on 21 February 2022 and signed on its behalf by:
```
```
Dr U Gout - Trustee
```
```
Page 4
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BACD
```
## **`Independent examiner's report to the trustees of BACD ('the Company')`**
```
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsas carried
outundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the
Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
Tanja Lawes
```
```
FCA
The Carley Partnership
St James's House
8 Overcliffe
Gravesend
Kent
DA11 0HJ
```
```
8 March 2022
```
```
Page 5
```
```
BACD
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021`**
|`2021`
`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`244,705`
**`Charitable activities`**
`Training and Educational`
`-`
`Investment income`
`2`
`13`
**`Total`**
`244,718`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Training and Educational`
`289,875`
**`NET INCOME/(EXPENDITURE)`**
`(45,157)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`407,925`
**`TOTAL FUNDS CARRIED FORWARD`**
`362,768`|`2020`
`Total`
`funds`
`£`
`276,353`
`3,760`
`1,120`
`281,233`
`326,824`
`(45,591)`
`453,516`
`407,925`|
|---|---|
```
The notes form part of these financial statements
```
```
Page 6
```
```
BACD
```
## **`BALANCE SHEET 30 JUNE 2021`**
|`2021`
`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Intangible assets`
`8`
`31,081`
`Tangible assets`
`9`
`1,215`
`32,296`
**`CURRENT ASSETS`**
`Debtors`
`10`
`101,634`
`Cash at bank and in hand`
`424,279`
`525,913`
**`CREDITORS`**
`Amounts falling due within one year`
`11`
`(195,441)`
**`NET CURRENT ASSETS`**
`330,472`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`362,768`
**`NET ASSETS`**
`362,768`
**`FUNDS`**
`12`
`Unrestricted funds`
`362,768`
**`TOTAL FUNDS`**
`362,768`|`2020`
`Total`
`funds`
`£`
`7,551`
`1,094`
`8,645`
`93,157`
`485,324`
`578,481`
`(179,201)`
`399,280`
`407,925`
`407,925`
`407,925`
`407,925`|
|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 30 June 2021.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
30 June 2021 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.`
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon21February2022and were
signed on its behalf by:
```
```
U Gout - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
BACD
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.
```
```
Fixtures and fittings- 15% on reducing balance
Computer equipment- Straight line over 3 years
```
## **`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.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
There is only one fund and this is unrestricted.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
```
## **`Government grants`**
```
Grant income is recognised using the accrual model in the period in which it becomes receivable.
```
## **`2. INVESTMENT INCOME`**
|**`INVESTMENT INCOME`**|||
|---|---|---|
||`2021`|`2020`|
||`£`|`£`|
|`Deposit account interest`|`13`|`295`|
|`Loan interest receivable`|`-`|`825`|
||`13`|`1,120`|
```
continued...
```
```
Page 8
```
```
BACD
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2021
```
## **`3. NET INCOME/(EXPENDITURE)`**
```
Net income/(expenditure) is stated after charging/(crediting):
```
||`2021`|`2020`|
|---|---|---|
||`£`|`£`|
|`Depreciation - owned assets`|`619`|`188`|
|`Computer software amortisation`|`7,770`|`-`|
## **`4. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2021norfortheyear ended
30 June 2020.
```
```
Thetrusteesreceivedpaymentsinrespectoflossofearningsamountingto£17,081.41(2020:£9,666.67). No
trustee received more than £2,500.
```
```
Duringtheyearpaymentsof£17,560weremadetoLasersupportLtdformedicalappraisalsupportservices.Dr P
Myers,atrusteeofthischarity,isadirectorofthatcompany.Thetrusteesconsidertheamountcharged by
Lasersupport Ltd to be the applicable market rate for such services.
```
## **`Trustees' expenses`**
```
There were no trustees expenses for the year (2020 : £5,352 - relating to travel expenses).
```
## **`5. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
||`2021`|`2020`|
|---|---|---|
|`Staff`|`4`|`3`|
```
No employees received emoluments in excess of £60,000.
```
```
ThekeymanagementpersonnelofBACDistheofficemanagerwhoseemployeebenefitstotal£48,527(2020 :
£47,584).
```
## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
||`Unrestricted`|
|---|---|
||`fund`|
||`£`|
|**`INCOME AND ENDOWMENTS FROM`**||
|`Donations and legacies`|`276,353`|
|**`Charitable activities`**||
|`Training and Educational`|`3,760`|
|`Investment income`|`1,120`|
|**`Total`**|`281,233`|
|**`EXPENDITURE ON`**||
|**`Charitable activities`**||
|`Training and Educational`|`326,824`|
|**`NET INCOME/(EXPENDITURE)`**|`(45,591)`|
```
continued...
```
```
Page 9
```
```
BACD
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2021
```
## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
||`Unrestricted`|
|---|---|
||`fund`|
||`£`|
|**`RECONCILIATION OF FUNDS`**||
|**`Total funds brought forward`**|`453,516`|
|**`TOTAL FUNDS CARRIED FORWARD`**|`407,925`|
## **`7. INDEPENDENT EXAMINERS FEE`**
```
Theaccountsinclude£3,015(2020;£5,310)forfeespayabletotheIndependentExaminerinrespectofthe year
ended30thJune2021,ofthis£2,615(2020:£4,910)representsthecostofpreparingtheaccountsand other
financial services during the year and £400 (2020 : £400) represents the Independent Examiners Fees).
```
## **`8. INTANGIBLE FIXED ASSETS`**
|`Development`
`costs`
`£`
**`COST`**
`At 1 July 2020`
`126,500`
`Additions`
`-`
`At 30 June 2021`
`126,500`
**`AMORTISATION`**
`At 1 July 2020`
`126,500`
`Charge for year`
`-`
`At 30 June 2021`
`126,500`
**`NET BOOK VALUE`**
`At 30 June 2021`
`-`
`At 30 June 2020`
`-`|`Computer`
`software`
`£`
`16,301`
`31,300`
`47,601`
`8,750`
`7,770`
`16,520`
`31,081`
`7,551`|`Totals`
`£`
`142,801`
`31,300`|
|---|---|---|
|||`174,101`|
|||`135,250`
`7,770`|
|||`143,020`|
|||`31,081`|
|||`7,551`|
```
continued...
```
```
Page 10
```
```
BACD
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2021
```
## **`9. TANGIBLE FIXED ASSETS`**
|**`COST`**
`At 1 July 2020`
`Additions`
`At 30 June 2021`
**`DEPRECIATION`**
`At 1 July 2020`
`Charge for year`
`At 30 June 2021`
**`NET BOOK VALUE`**
`At 30 June 2021`
`At 30 June 2020`
**`10.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`VAT`
`Prepayments`
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Social security and other taxes`
`VAT`
`Other creditors`
`Accruals and deferred income`
**`12.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Fixtures`
`and`
`fittings`
`£`
`1,410`
`-`
`1,410`
`853`
`84`
`937`
`473`
`557`
`At 1.7.20`
`£`
`407,925`
`407,925`|`Computer`
`equipment`
`£`
`864`
`740`
`1,604`
`327`
`535`
`862`
`742`
`537`
`2021`
`£`
`101,216`
`-`
`418`
`101,634`
`2021`
`£`
`2,420`
`6,229`
`835`
`185,957`
`195,441`
`Net`
`movement`
`in funds`
`£`
`(45,157)`
`(45,157)`|`Totals`
`£`
`2,274`
`740`
`3,014`
`1,180`
`619`
`1,799`
`1,215`
`1,094`
`2020`
`£`
`91,122`
`2,035`
`-`|
|---|---|---|---|
||||`93,157`|
||||`2020`
`£`
`1,488`
`-`
`235`
`177,478`|
||||`179,201`|
||||`At`
`30.6.21`
`£`
`362,768`|
||||`362,768`|
```
continued...
```
```
Page 11
```
```
BACD
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2021
```
## **`12. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
|`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`244,718`
**`TOTAL FUNDS`**
`244,718`
**`Comparatives for movement in funds`**
`At 1.7.19`
`£`
**`Unrestricted funds`**
`General fund`
`453,516`
**`TOTAL FUNDS`**
`453,516`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`281,233`
**`TOTAL FUNDS`**
`281,233`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(289,875)`
`(45,157)`
`(289,875)`
`(45,157)`
`Net`
`movement`
`At`
`in funds`
`30.6.20`
`£`
`£`
`(45,591)`
`407,925`
`(45,591)`
`407,925`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(326,824)`
`(45,591)`
`(326,824)`
`(45,591)`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(289,875)`
`(45,157)`
`(289,875)`
`(45,157)`
`Net`
`movement`
`At`
`in funds`
`30.6.20`
`£`
`£`
`(45,591)`
`407,925`
`(45,591)`
`407,925`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(326,824)`
`(45,591)`
`(326,824)`
`(45,591)`|
|---|---|---|
|||`(45,591)`|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.7.19`
`£`
`453,516`
`453,516`|`Net`
`movement`
`in funds`
`£`
`(90,748)`
`(90,748)`|`At`
`30.6.21`
`£`
`362,768`|
|---|---|---|---|
||||`362,768`|
```
continued...
```
```
Page 12
```
```
BACD
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2021
```
## **`12. MOVEMENT IN FUNDS - continued`**
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`525,951`
`525,951`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(616,699)`
`(90,748)`
`(616,699)`
`(90,748)`|
|---|---|---|
## **`13. RELATED PARTY DISCLOSURES`**
```
BACD is the sole member of BCAM Academy Ltd, a company limited by guarantee without share capital.
```
```
Thecompanysecretary,PADobson,isadirectorofLCSHealthcareLtd,acompanywhichwaspaid£3,000 (2020
:£3,000))and£2,000(2020:£2,000)inrespectofResponsibleOfficerfeesandcompanysecretarial fees
respectively.
```
## **`14. DEFERRED INCOME`**
```
Deferredincomecomprisesofadvancemembershipsfeesrelatingtothefollowingyearandfor conference
exhibition and registration fees for the conference being held in September 2021.
```
```
Page 13
```
```
BACD
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Conferences`
`Appraisals`
`Subscriptions`
`Sponsors`
`Mentoring`
**`Investment income`**
`Deposit account interest`
`Loan interest receivable`
**`Charitable activities`**
`Grants`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Wages`
`Pensions`
`Insurance`
`Telephone`
`Postage and stationery`
`Public relations & advertising`
`Sundries`
`Travel & subsistence`
`Staff training`
`Accountancy`
`Legal expenses`
`Committee meetings`
`Rent`
`Conference expenses`
`Appraisals`
`Computer costs`
`Consultancy`
`Trustees Loss of Earnings`
`Computer software`
`Fixtures and fittings`
`Computer equipment`
**`Support costs`**
**`Finance`**
`Bank charges`
`Carried forward`|`2021`
`£`
`38,830`
`44,235`
`143,265`
`18,167`
`208`
`244,705`
`13`
`-`
`13`
`-`
`244,718`
`154,951`
`2,622`
`3,499`
`1,950`
`1,790`
`2,485`
`998`
`282`
`6,958`
`3,015`
`12,024`
`-`
`3,600`
`2,661`
`40,848`
`8,850`
`17,217`
`17,081`
`7,770`
`84`
`535`
`289,220`
`655`
`655`|`2020`
`£`
`92,160`
`47,515`
`136,678`
`-`
`-`|
|---|---|---|
|||`276,353`
`295`
`825`|
|||`1,120`
`3,760`|
|||`281,233`
`101,295`
`2,150`
`2,582`
`1,551`
`1,532`
`3,299`
`1,891`
`7,913`
`387`
`5,310`
`3,870`
`2,998`
`3,600`
`49,947`
`46,098`
`5,558`
`42,179`
`9,667`
`-`
`24`
`163`|
|||`292,014`
`1,523`
`1,523`|
```
This page does not form part of the statutory financial statements
```
```
Page 14
```
```
BACD
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021`**
|**`Finance`**
`Brought forward`
`Loan write off`
`Total resources expended`
**`Net expenditure`**|`2021`
`£`
`655`
`-`
`655`
`289,875`
`(45,157)`|`2020`
`£`
`1,523`
`33,287`
`34,810`
`326,824`
`(45,591)`|
|---|---|---|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```