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2023-06-30-accounts

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 2023
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 2023

----- Start of picture text -----
Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 12
Detailed Statement of Financial Activities 13
----- End of picture text -----

BACD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended30June2023.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:
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
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

Themainactivitiesofthecharityhavebeentheadvancementofeducationthroughitsconference,facilitating contact
betweenmembersofthecharityandotherindividualsandorganisationsconcernedwiththestudyandpractice of
AestheticMedicineandcollaboratingwithmedical,academicandotherinstitutionsintheUKinthepractice and
development of Aesthetic Medicine.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

TheTrusteeshavehaddueregardtotheCharityCommission'sguidanceonpublicbenefitwhensettingthe charity's
activities.
Thecharityhascontinuedtoworkwithanumberofgovernmentalandnon-governmentalorganisationssuchas the
GeneralMedicalCouncil,theGeneralDentalCouncilandtheDepartmentofHealthandSocialCareinstrengthening the
training,regulation,developmentofstandardsanddeliveryofaestheticmedicaltreatmentsaimedatimprovingsafety for
membersofthepublic.ThecharityhasalsointroduceditsmembershipexaminationandisdevelopinglinkswithJCCP in
relation to accreditation to further enhance public protection and confidence in the profession.
Thecharitycontinuestoprovidecontentthroughit'swebsiteandsocialmediachannelstodelivereduction,support and
information to the public.
TheCollegedeliveredtheBCAMconferencewhichagainwaswidelypraisedforitseducationalcontentandsupportto the
profession and to improve health and wellbeing in patients.
Page 1
BACD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2023

FINANCIAL REVIEW

Financial position

TheBritishCollegeofAestheticMedicineisgratefultoitssupporters,sponsorsandmemberswhoseloyaltyenables the
Collegetopursueitsaimsofadvancingtheeffective,safeandethicalpracticeofaestheticmedicinetothebenefitof all
concerned,throughleadership,provisionofinformation,education,support,professionaldevelopmentand the
maintenanceofthehighestprofessionalstandards.Thestatementoffinancialactivitiesshowsnetexpenditurefor the
year to 30th June 2023 of £13,734 (2022 : net income of  £423).

Reserves policy

Thegeneralreservesasof30thJune2023standat£349,457.Thisishigherthanthereservespolicyandwillbe utilised
onthefutureprojects.Thecharity'spolicyonreservesistomaintainalevelofreservessuchthatthecharityholds a
level of working capital to operate effectively.
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 2
BACD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023

Trustees

Dr J Elder
Dr U Gout (resigned 25/7/22)
Dr C Fairris Chair
Dr B Kaur
Dr A E Zatonska
Dr D McKeown (resigned 12/4/23)
Dr S Shotter
Dr R Critchley (resigned 20/10/22)
Dr M Bawa (appointed 9/9/22)
Dr N Demosthenous (appointed 9/9/22)

Company Secretary

Dr P.A. Dobson

Independent Examiner

Tanja Lawes
The Carley Partnership
St James's House
8 Overcliffe
Gravesend
Kent
DA11 0HJ
Approved by order of the board of trustees on 15 March 2024 and signed on its behalf by:
Dr C Fairris - Trustee
Page 3
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 2023.

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

Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.Ican confirm
thatIamqualifiedtoundertaketheexaminationbecauseIamamemberoftheInstituteofCharteredAccountants in
England and Wales, which is one of the listed bodies.
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
The Carley Partnership
St James's House
8 Overcliffe
Gravesend
Kent
DA11 0HJ
18 March 2024
Page 4
BACD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023

2023
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
338,672
Investment income
2
996
Total
339,668
EXPENDITURE ON
Charitable activities
Training and Educational
353,402
NET INCOME/(EXPENDITURE)
(13,734)
RECONCILIATION OF FUNDS
Total funds brought forward
363,191
TOTAL FUNDS CARRIED FORWARD
349,457
2022
Total
funds
£
258,033
35
258,068
257,645
423
362,768
363,191
The notes form part of these financial statements
Page 5
BACD

BALANCE SHEET 30 JUNE 2023

2023
Unrestricted
fund
Notes
£
FIXED ASSETS
Intangible assets
8
21,601
Tangible assets
9
1,427
23,028
CURRENT ASSETS
Debtors
10
160,490
Cash at bank and in hand
464,965
625,455
CREDITORS
Amounts falling due within one year
11
(299,026)
NET CURRENT ASSETS
326,429
TOTAL ASSETS LESS CURRENT LIABILITIES
349,457
NET ASSETS
349,457
FUNDS
12
Unrestricted funds
349,457
TOTAL FUNDS
349,457
2022
Total
funds
£
31,391
774
32,165
147,417
456,685
604,102
(273,076)
331,026
363,191
363,191
363,191
363,191
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 30 June 2023.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
30 June 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon15March2024and were
signed on its behalf by:
C Fairris - Trustee
The notes form part of these financial statements
Page 6
BACD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

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
2023 2022
£ £
Deposit account interest 996 35
continued...
Page 7
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):
2023 2022
£ £
Depreciation - owned assets 973 441
Computer software amortisation 9,790 9,790

4. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2023norfortheyear ended
30 June 2022.
Thetrusteesreceivedpaymentsinrespectoflossofearningsamountingto£12,280(2022:£11,167). No
trustee received more than £2,000.

Trustees' expenses

There were trustees expenses of £690 for the year all relating to travel costs (2022 : £0).

5. STAFF COSTS

The average monthly number of employees during the year was as follows:
2023 2022
Staff 4 4
No employees received emoluments in excess of £60,000.
The key management personnel of BACD is the office manager whose employee benefits total £52,168 (2022
£49,502).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 258,033
Investment income 35
Total 258,068
EXPENDITURE ON
Charitable activities
Training and Educational 257,645
NET INCOME 423
RECONCILIATION OF FUNDS
Total funds brought forward 362,768
TOTAL FUNDS CARRIED FORWARD 363,191
ThekeymanagementpersonnelofBACDistheofficemanagerwhoseemployeebenefitstotal£52,168(2022 :
£49,502).

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

continued...
Page 8
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

7. INDEPENDENT EXAMINERS FEE

Theaccountsinclude£3,250(2022:£3,925)forfeespayabletotheIndependentExaminerinrespectofthe year
ended30thJune2023,ofthis£2,800(2022:£3,495)representsthecostofpreparingtheaccountsand other
financial services during the year and £450 (2022 : £430) represents the Independent Examiners Fees).

8. INTANGIBLE FIXED ASSETS

Development
costs
£
COST
At 1 July 2022 and 30 June 2023
126,500
AMORTISATION
At 1 July 2022
126,500
Charge for year
-
At 30 June 2023
126,500
NET BOOK VALUE
At 30 June 2023
-
At 30 June 2022
-
Computer
software
£
57,701
26,310
9,790
36,100
21,601
31,391
Totals
£
184,201
152,810
9,790
162,600
21,601
31,391

9.

TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 July 2022 1,410 1,604 3,014
Additions - 1,626 1,626
At 30 June 2023 1,410 3,230 4,640
DEPRECIATION
At 1 July 2022 1,007 1,233 2,240
Charge for year 60 913 973
At 30 June 2023 1,067 2,146 3,213
NET BOOK VALUE
At 30 June 2023 343 1,084 1,427
At 30 June 2022 403 371 774
continued...
Page 9
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
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
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
At 1.7.22
£
363,191
363,191
Incoming
resources
£
339,668
339,668
At 1.7.21
£
362,768
362,768
2023
2022
£
£
141,028
133,324
19,462
14,093
160,490
147,417
2023
2022
£
£
2,383
2,063
13,477
17,924
685
259
282,481
252,830
299,026
273,076
Net
movement
At
in funds
30.6.23
£
£
(13,734)
349,457
(13,734)
349,457
Resources
Movement
expended
in funds
£
£
(353,402)
(13,734)
(353,402)
(13,734)
Net
movement
At
in funds
30.6.22
£
£
423
363,191
423
363,191
continued...
Page 10
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
258,068
258,068
Resources
Movement
expended
in funds
£
£
(257,645)
423
(257,645)
423
Resources
Movement
expended
in funds
£
£
(257,645)
423
(257,645)
423
423
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS
At 1.7.21
£
362,768
362,768
Net
movement
in funds
£
(13,311)
(13,311)
At
30.6.23
£
349,457
349,457
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
597,736
597,736
Resources
Movement
expended
in funds
£
£
(611,047)
(13,311)
(611,047)
(13,311)
Resources
Movement
expended
in funds
£
£
(611,047)
(13,311)
(611,047)
(13,311)
(13,311)

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 (2022
:£3,000))and£4,000(2022:£4,000)inrespectofResponsibleOfficerfeesandcompanysecretarial fees
respectively.BACDalsopaid£7,600toLCSHealthcareinrelationtoprofessionalservicesforthesettingupof a
new complaints and investigation service.
BACD also paid £7,228 of training costs for P A Dobson.
continued...
Page 11
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

14. DEFERRED INCOME

Deferredincomecomprisesofadvancemembershipsfeesrelatingtothefollowingyearandfor conference
exhibition and registration fees for the conference being held in September 2023.
Page 12
BACD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023

2023 2022
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Conferences 143,330 48,775
Appraisals 45,750 44,005
Subscriptions 144,592 162,045
Sponsors - 2,000
Grants 5,000 -
Mentoring - 208
Educational Sessions - 1,000
338,672 258,033
Investment income
Deposit account interest 996 35
Total incoming resources 339,668 258,068
EXPENDITURE
Charitable activities
Wages 134,685 150,174
Pensions 2,891 3,315
Insurance 2,442 3,130
Telephone 3,962 3,505
Postage and stationery 1,406 2,060
Public relations & advertising 10,473 1,672
Sundries 1,443 1,798
Travel & subsistence 3,944 2,262
Staff training 12,282 2,861
Accountancy 3,250 3,925
Legal expenses 1,364 1,453
Committee meetings 3,256 2,609
Rent 3,600 3,600
Conference expenses 91,784 2,329
Appraisals 30,365 32,079
Computer costs 9,789 14,157
Consultancy 11,600 4,000
Trustees Loss of Earnings 12,280 11,167
Computer software 9,790 9,790
Fixtures and fittings 60 70
Computer equipment 913 371
351,579 256,327
Support costs
Finance
Bank charges 1,823 1,318
Total resources expended 353,402 257,645
Net (expenditure)/income (13,734) 423
This page does not form part of the statutory financial statements
Page 13