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2025-06-30-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 2025
FOR
BACD
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
BACD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

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 to 14
BACD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended30June2025.Thetrusteeshaveadoptedtheprovisions of
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

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
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.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Themainactivitiesofthecharityhavebeentheadvancementofeducationthroughitsconference,facilitating contact
betweenmembersofthecharityandotherindividualsandorganisationsconcernedwiththestudyandpractice of
aestheticmedicineandcollaboratingwithmedical,academicandotherinstitutionsintheUKinthepractice and
development of aesthetic medicine.
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.
Thecharitycontinuestoprovidecontentthroughitswebsiteandsocialmediachannelstodelivereducation,support and
informationtothepublic.Thecharitydelivereditsannualconferencewhichwaswidelypraisedforits educational
content, support to the profession and focus on improving health and wellbeing in patients.
ThetrusteeshavehaddueregardtotheCharityCommission'sguidanceonpublicbenefitinsofarasrelevantto the
charity's activities
Page 1
BACD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025

FINANCIAL REVIEW

Financial position

BCAMisgratefultoitssupporters,sponsorsandmemberswhoseloyaltyenablesthecharitytopursueitsaims of
advancingtheeffective,safeandethicalpracticeofaestheticmedicinetothebenefitofallconcerned, through
leadership,provisionofinformation,education,support,professionaldevelopmentandthemaintenanceofthe highest
professional standards.
Thestatementoffinancialactivitiesshowsnetexpenditurefortheyearto30June2025of£235,772(2024:net income
of£1,071).Thereareseveralreasonsforthisincludingthedeliberateuseofreservestoinvestinthecharity's activities;
redundancycosts;officemovetocentralLondon;higherrentalcosts;andtherecruitmentandappointmentofa new
COO. The trustees anticipate expenditure to stabilise in future years and move back to break-even or net income.

Reserves policy

Thegeneralreservesasof30June2025standat£114,756.Thisiswithinthecharity'spolicyonreserveswhichis to
maintainalevelofreservesequivalentto3-6months'worthofoperatingcosts,suchthatthecharityholdsa sufficient
level of working capital to operate effectively.

Going concern

The trustees currently have no concerns regarding the future of the charity.

Financial oversight

InlinewithacontinuingriskassessmentprocesstheBoardofTrusteesremainconfidentinthefinancial governance
whichismonitoredthroughtheproductionandreviewofmanagementaccountsandariskregister.Where appropriate
systemsandprocessesareinplacetomitigateidentifiedrisks.Externalriskintermsofmembershipsubscriptions and
conferenceparticipationismonitoredregularlythroughtheprofessionalservicesteamandthetrusteesalongside the
businessplanningprocesswhichreviewstheopportunitiestogrowand/ordiversifythroughacombinationof corporate
partnershipsandafocusoncorestrategicactivitieslikelytowidenmembership,includingsimplifyingand widening
membership eligibility.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is established as a company limited by guarantee and is governed by its Articles of Association.

Recruitment and appointment of new trustees

Trustees are recruited and appointed in accordance with the provisions set out in the Articles of Association.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

06634531 (England and Wales)

Registered Charity number

1181666

Registered office

The Harley Building
77 New Cavendish Street
London
W1W 6XB

Trustees

Dr J Elder
Dr C Fairris (Chair) (resigned 8/1/26)
Dr B Kaur
Dr A E Zatonska (resigned 30/1/25)
Dr S Shotter
Dr M Bawa
Dr N Demosthenous
Dr H Hassan (appointed 1/4/25)
Dr A El Houssieny (appointed 28/4/25)
Dr D Panchalingham Doctor, Clinic Owner (appointed 1/4/25)
Dr M Ahmadi (appointed 19/9/25)
Dr R Norman (appointed 19/9/25)
Page 2
BACD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Tanja Lawes
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ

Acting Company Secretary

DK Legal Ltd (appointed 14 February 2025)
Approved by order of the board of trustees on 17 March 2026 and signed on its behalf by:
Dr S Shotter - 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 2025.

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
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
24 March 2026
Page 4
BACD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025

2025
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
373,389
Investment income
2
2,493
Total
375,882
EXPENDITURE ON
Raising funds
7,504
Charitable activities
Training and Educational
604,150
Total
611,654
NET INCOME/(EXPENDITURE)
(235,772)
RECONCILIATION OF FUNDS
Total funds brought forward
350,528
TOTAL FUNDS CARRIED FORWARD
114,756
2024
Total
funds
£
379,086
2,495
381,581
3,875
376,635
380,510
1,071
349,457
350,528
The notes form part of these financial statements
Page 5
BACD

BALANCE SHEET 30 JUNE 2025

2025
Unrestricted
fund
Notes
£
FIXED ASSETS
Intangible assets
8
2,020
Tangible assets
9
1,308
3,328
CURRENT ASSETS
Debtors
10
196,638
Cash at bank and in hand
189,002
385,640
CREDITORS
Amounts falling due within one year
11
(274,212)
NET CURRENT ASSETS
111,428
TOTAL ASSETS LESS CURRENT LIABILITIES
114,756
NET ASSETS
114,756
FUNDS
12
Unrestricted funds
114,756
TOTAL FUNDS
114,756
2024
Total
funds
£
11,811
3,081
14,892
174,052
475,797
649,849
(314,213)
335,636
350,528
350,528
350,528
350,528
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 30 June 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
30 June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon17March2026and were
signed on its behalf by:
S Shotter - Trustee
The notes form part of these financial statements
Page 6
BACD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025

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
2025 2024
£ £
Deposit account interest 2,493 2,495
continued...
Page 7
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):
2025 2024
£ £
Depreciation - owned assets 1,316 1,195
Deficit on disposal of fixed assets 1,949 -
Computer software amortisation 9,791 9,790

4. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2025norfortheyear ended
30 June 2024.
The trustees received payments in respect of loss of earnings amounting to £21,000 (2024 : £28,000).

Trustees' expenses

Thereweretrusteesexpensesof£5,386fortheyearallrelatingtotravelandhotelaccommodationcosts(2024 :
£4,957).

5. STAFF COSTS

The average monthly number of employees during the year was as follows:
2025 2024
Staff 6 4
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was
2025 2024
£70,001 - £80,000 1 -
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
ThekeymanagementpersonnelofBACDduringtheyearcomprisethetrustees,theChiefOperatingOfficers and
the office manager whose employee benefits total £127,436 (2024 : £63,461).

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 379,086
Investment income 2,495
Total 381,581
EXPENDITURE ON
Raising funds 3,875
Charitable activities
Training and Educational 376,635
Total 380,510
NET INCOME 1,071
continued...
Page 8
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
RECONCILIATION OF FUNDS
Total funds brought forward 349,457
TOTAL FUNDS CARRIED FORWARD 350,528

7. INDEPENDENT EXAMINERS FEE

Theaccountsinclude£11,255(2024:£4,520)forfeespayabletotheIndependentExaminerinrespectof the
yearended30thJune2025,ofthis£10,305(2024:£4,045)representsthecostofpreparingtheaccounts and
other financial services during the year and £950 (2024 : £475) represents the Independent Examiners Fees.

8. INTANGIBLE FIXED ASSETS

Development
costs
£
COST
At 1 July 2024 and 30 June 2025
126,500
AMORTISATION
At 1 July 2024
126,500
Charge for year
-
At 30 June 2025
126,500
NET BOOK VALUE
At 30 June 2025
-
At 30 June 2024
-
Computer
software
£
57,701
45,890
9,791
55,681
2,020
11,811
Totals
£
184,201
172,390
9,791
182,181
2,020
11,811

9.

TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 July 2024 3,318 4,171 7,489
Additions - 1,492 1,492
Disposals (3,318) (1,716) (5,034)
At 30 June 2025 - 3,947 3,947
DEPRECIATION
At 1 July 2024 1,406 3,002 4,408
Charge for year - 1,316 1,316
Eliminated on disposal (1,406) (1,679) (3,085)
At 30 June 2025 - 2,639 2,639
NET BOOK VALUE
At 30 June 2025 - 1,308 1,308
At 30 June 2024 1,912 1,169 3,081
continued...
Page 9
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income
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 1.7.24
£
350,528
350,528
Incoming
resources
£
375,882
375,882
At 1.7.23
£
349,457
349,457
2025
2024
£
£
135,073
141,996
12,601
452
48,964
31,604
196,638
174,052
2025
2024
£
£
8,957
-
3,990
3,791
9,270
13,307
2,053
1,190
249,942
295,925
274,212
314,213
Net
movement
At
in funds
30.6.25
£
£
(235,772)
114,756
(235,772)
114,756
Resources
Movement
expended
in funds
£
£
(611,654)
(235,772)
(611,654)
(235,772)
Net
movement
At
in funds
30.6.24
£
£
1,071
350,528
1,071
350,528

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

12. MOVEMENT IN FUNDS

continued...
Page 10
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025

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
£
381,581
381,581
Resources
Movement
expended
in funds
£
£
(380,510)
1,071
(380,510)
1,071
Resources
Movement
expended
in funds
£
£
(380,510)
1,071
(380,510)
1,071
1,071
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS
At 1.7.23
£
349,457
349,457
Net
movement
in funds
£
(234,701)
(234,701)
At
30.6.25
£
114,756
114,756
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
Unrestricted funds
General fund
TOTAL FUNDS
CAPITAL COMMITMENTS
Contracted but not provided for in the financial statements
Incoming
resources
£
757,463
757,463
Resources
Movement
expended
in funds
£
£
(992,164)
(234,701)
(992,164)
(234,701)
2025
2024
£
£
76,005
-
Resources
Movement
expended
in funds
£
£
(992,164)
(234,701)
(992,164)
(234,701)
2025
2024
£
£
76,005
-
(234,701)
2024
£
-

13. CAPITAL COMMITMENTS

14. RELATED PARTY DISCLOSURES

BACD is the sole member of BCAM Academy Ltd, a company limited by guarantee without share capital.
continued...
Page 11
BACD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025

15. DEFERRED INCOME

Deferredincomecomprisesofadvancemembershipsfeesrelatingtothefollowingyearandfor conference
exhibition and registration fees for the conference being held in October 2025.
Page 12
BACD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025

INCOME AND ENDOWMENTS
Donations and legacies
Conferences
Appraisals
Subscriptions
Sponsors
Donations
Mentoring
Educational Sessions
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Other trading activities
Bad debts
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
Late payment charges
Partial exemption adjustment
Computer software
Fixtures and fittings
Computer equipment
Loss on sale of tangible fixed assets
2025
£
155,031
45,250
172,611
-
247
-
250
373,389
2,493
375,882
7,504
290,385
4,408
3,539
4,509
2,161
11,479
2,234
17,695
405
11,255
15,278
3,874
65,662
57,545
40,890
14,118
3,681
21,000
1,497
17,428
9,790
-
1,316
1,949
602,098
2024
£
153,402
47,000
168,976
2,500
-
208
7,000
379,086
2,495
381,581
3,875
157,818
3,287
4,374
4,348
1,910
14,183
825
8,821
575
4,520
2,469
5,672
3,600
74,820
30,342
11,205
6,250
28,000
-
-
9,790
339
856
-
374,004

Support costs

This page does not form part of the statutory financial statements
Page 13
BACD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025

Support costs
Finance
Bank charges
Total resources expended
Net (expenditure)/income
2025
£
2,052
611,654
(235,772)
2024
£
2,631
380,510
1,071
This page does not form part of the statutory financial statements
Page 14