```
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
```

- `(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.
```

## **`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`<br>`Unrestricted`<br>`fund`<br>`Notes`<br>`£`<br>**`INCOME AND ENDOWMENTS FROM`**<br>`Donations and legacies`<br>`373,389`<br>`Investment income`<br>`2`<br>`2,493`<br>**`Total`**<br>`375,882`<br>**`EXPENDITURE ON`**<br>`Raising funds`<br>`7,504`<br>**`Charitable activities`**<br>`Training and Educational`<br>`604,150`<br>**`Total`**<br>`611,654`<br>**`NET INCOME/(EXPENDITURE)`**<br>`(235,772)`<br>**`RECONCILIATION OF FUNDS`**<br>`Total funds brought forward`<br>`350,528`<br>**`TOTAL FUNDS CARRIED FORWARD`**<br>`114,756`|`2024`<br>`Total`<br>`funds`<br>`£`<br>`379,086`<br>`2,495`|
|---|---|
||`381,581`|
||`3,875`<br>`376,635`|
||`380,510`|
||`1,071`<br>`349,457`|
||`350,528`|



```
The notes form part of these financial statements
```

```
Page 5
```



```
BACD
```

## **`BALANCE SHEET 30 JUNE 2025`** 

|`2025`<br>`Unrestricted`<br>`fund`<br>`Notes`<br>`£`<br>**`FIXED ASSETS`**<br>`Intangible assets`<br>`8`<br>`2,020`<br>`Tangible assets`<br>`9`<br>`1,308`<br>`3,328`<br>**`CURRENT ASSETS`**<br>`Debtors`<br>`10`<br>`196,638`<br>`Cash at bank and in hand`<br>`189,002`<br>`385,640`<br>**`CREDITORS`**<br>`Amounts falling due within one year`<br>`11`<br>`(274,212)`<br>**`NET CURRENT ASSETS`**<br>`111,428`<br>**`TOTAL ASSETS LESS CURRENT LIABILITIES`**<br>`114,756`<br>**`NET ASSETS`**<br>`114,756`<br>**`FUNDS`**<br>`12`<br>`Unrestricted funds`<br>`114,756`<br>**`TOTAL FUNDS`**<br>`114,756`|`2024`<br>`Total`<br>`funds`<br>`£`<br>`11,811`<br>`3,081`<br>`14,892`<br>`174,052`<br>`475,797`<br>`649,849`<br>`(314,213)`<br>`335,636`<br>`350,528`<br>`350,528`<br>`350,528`<br>`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
```

- `(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.
```

```
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`<br>`costs`<br>`£`<br>**`COST`**<br>`At 1 July 2024 and 30 June 2025`<br>`126,500`<br>**`AMORTISATION`**<br>`At 1 July 2024`<br>`126,500`<br>`Charge for year`<br>`-`<br>`At 30 June 2025`<br>`126,500`<br>**`NET BOOK VALUE`**<br>`At 30 June 2025`<br>`-`<br>`At 30 June 2024`<br>`-`|`Computer`<br>`software`<br>`£`<br>`57,701`<br>`45,890`<br>`9,791`<br>`55,681`<br>`2,020`<br>`11,811`|`Totals`<br>`£`<br>`184,201`|
|---|---|---|
|||`172,390`<br>`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`<br>`Other debtors`<br>`Prepayments`<br>**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**<br>`Trade creditors`<br>`Social security and other taxes`<br>`VAT`<br>`Other creditors`<br>`Accruals and deferred income`<br>**`MOVEMENT IN FUNDS`**<br>**`Unrestricted funds`**<br>`General fund`<br>**`TOTAL FUNDS`**<br>`Net movement in funds, included in the above are as follows:`<br>**`Unrestricted funds`**<br>`General fund`<br>**`TOTAL FUNDS`**<br>**`Comparatives for movement in funds`**<br>**`Unrestricted funds`**<br>`General fund`<br>**`TOTAL FUNDS`**|`At 1.7.24`<br>`£`<br>`350,528`<br>`350,528`<br>`Incoming`<br>`resources`<br>`£`<br>`375,882`<br>`375,882`<br>`At 1.7.23`<br>`£`<br>`349,457`<br>`349,457`|`2025`<br>`2024`<br>`£`<br>`£`<br>`135,073`<br>`141,996`<br>`12,601`<br>`452`<br>`48,964`<br>`31,604`<br>`196,638`<br>`174,052`<br>`2025`<br>`2024`<br>`£`<br>`£`<br>`8,957`<br>`-`<br>`3,990`<br>`3,791`<br>`9,270`<br>`13,307`<br>`2,053`<br>`1,190`<br>`249,942`<br>`295,925`<br>`274,212`<br>`314,213`<br>`Net`<br>`movement`<br>`At`<br>`in funds`<br>`30.6.25`<br>`£`<br>`£`<br>`(235,772)`<br>`114,756`<br>`(235,772)`<br>`114,756`<br>`Resources`<br>`Movement`<br>`expended`<br>`in funds`<br>`£`<br>`£`<br>`(611,654)`<br>`(235,772)`<br>`(611,654)`<br>`(235,772)`<br>`Net`<br>`movement`<br>`At`<br>`in funds`<br>`30.6.24`<br>`£`<br>`£`<br>`1,071`<br>`350,528`<br>`1,071`<br>`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`**<br>`General fund`<br>**`TOTAL FUNDS`**|`Incoming`<br>`resources`<br>`£`<br>`381,581`<br>`381,581`|`Resources`<br>`Movement`<br>`expended`<br>`in funds`<br>`£`<br>`£`<br>`(380,510)`<br>`1,071`<br>`(380,510)`<br>`1,071`|`Resources`<br>`Movement`<br>`expended`<br>`in funds`<br>`£`<br>`£`<br>`(380,510)`<br>`1,071`<br>`(380,510)`<br>`1,071`|
|---|---|---|---|
||||`1,071`|



```
A current year 12 months and prior year 12 months combined position is as follows:
```

|**`Unrestricted funds`**<br>`General fund`<br>**`TOTAL FUNDS`**|`At 1.7.23`<br>`£`<br>`349,457`<br>`349,457`|`Net`<br>`movement`<br>`in funds`<br>`£`<br>`(234,701)`<br>`(234,701)`|`At`<br>`30.6.25`<br>`£`<br>`114,756`|
|---|---|---|---|
||||`114,756`|



```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
```

|**`Unrestricted funds`**<br>`General fund`<br>**`TOTAL FUNDS`**<br>**`CAPITAL COMMITMENTS`**<br>`Contracted but not provided for in the financial statements`|`Incoming`<br>`resources`<br>`£`<br>`757,463`<br>`757,463`|`Resources`<br>`Movement`<br>`expended`<br>`in funds`<br>`£`<br>`£`<br>`(992,164)`<br>`(234,701)`<br>`(992,164)`<br>`(234,701)`<br>`2025`<br>`2024`<br>`£`<br>`£`<br>`76,005`<br>`-`|`Resources`<br>`Movement`<br>`expended`<br>`in funds`<br>`£`<br>`£`<br>`(992,164)`<br>`(234,701)`<br>`(992,164)`<br>`(234,701)`<br>`2025`<br>`2024`<br>`£`<br>`£`<br>`76,005`<br>`-`|
|---|---|---|---|
||||`(234,701)`|
||||`2024`<br>`£`<br>`-`|



## **`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`**<br>**`Donations and legacies`**<br>`Conferences`<br>`Appraisals`<br>`Subscriptions`<br>`Sponsors`<br>`Donations`<br>`Mentoring`<br>`Educational Sessions`<br>**`Investment income`**<br>`Deposit account interest`<br>**`Total incoming resources`**<br>**`EXPENDITURE`**<br>**`Other trading activities`**<br>`Bad debts`<br>**`Charitable activities`**<br>`Wages`<br>`Pensions`<br>`Insurance`<br>`Telephone`<br>`Postage and stationery`<br>`Public relations & advertising`<br>`Sundries`<br>`Travel & subsistence`<br>`Staff training`<br>`Accountancy`<br>`Legal expenses`<br>`Committee meetings`<br>`Rent`<br>`Conference expenses`<br>`Appraisals`<br>`Computer costs`<br>`Consultancy`<br>`Trustees Loss of Earnings`<br>`Late payment charges`<br>`Partial exemption adjustment`<br>`Computer software`<br>`Fixtures and fittings`<br>`Computer equipment`<br>`Loss on sale of tangible fixed assets`|`2025`<br>`£`<br>`155,031`<br>`45,250`<br>`172,611`<br>`-`<br>`247`<br>`-`<br>`250`<br>`373,389`<br>`2,493`<br>`375,882`<br>`7,504`<br>`290,385`<br>`4,408`<br>`3,539`<br>`4,509`<br>`2,161`<br>`11,479`<br>`2,234`<br>`17,695`<br>`405`<br>`11,255`<br>`15,278`<br>`3,874`<br>`65,662`<br>`57,545`<br>`40,890`<br>`14,118`<br>`3,681`<br>`21,000`<br>`1,497`<br>`17,428`<br>`9,790`<br>`-`<br>`1,316`<br>`1,949`<br>`602,098`|`2024`<br>`£`<br>`153,402`<br>`47,000`<br>`168,976`<br>`2,500`<br>`-`<br>`208`<br>`7,000`|
|---|---|---|
|||`379,086`<br>`2,495`|
|||`381,581`<br>`3,875`<br>`157,818`<br>`3,287`<br>`4,374`<br>`4,348`<br>`1,910`<br>`14,183`<br>`825`<br>`8,821`<br>`575`<br>`4,520`<br>`2,469`<br>`5,672`<br>`3,600`<br>`74,820`<br>`30,342`<br>`11,205`<br>`6,250`<br>`28,000`<br>`-`<br>`-`<br>`9,790`<br>`339`<br>`856`<br>`-`|
|||`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`**<br>**`Finance`**<br>`Bank charges`<br>`Total resources expended`<br>**`Net (expenditure)/income`**|`2025`<br>`£`<br>`2,052`<br>`611,654`<br>`(235,772)`|`2024`<br>`£`<br>`2,631`|
|---|---|---|
|||`380,510`|
|||`1,071`|



```
This page does not form part of the statutory financial statements
```

```
Page 14
```