Registered number: 11721648 Charity number: 1190461
BILD ASSOCIATION OF CERTIFIED TRAINING
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
BILD ASSOCIATION OF CERTIFIED TRAINING
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Trustees' report | 2 - 4 |
| Independent examiner's report | 5 - 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 - 17 |
BILD ASSOCIATION OF CERTIFIED TRAINING
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021
| Trustees | Benjamin Higgins, Chief Executive |
|---|---|
| Frederick Augustus Mumford | |
| Teresa Sargent | |
| Nigel Alan Beail (resigned 25 November 2021) | |
| Alan Jefferson (resigned 24 November 2020) | |
| Company registered number 11721648 Charity registered number 1190461 Registered office Birmingham Research Park 97 Vincent Drive Birmingham B15 2SQ Chief executive officer Benjamin Higgins Accountants Bishop Fleming LLP Chartered Accountants 1-3 College Yard Worcester WR1 2LB |
Page 1
BILD ASSOCIATION OF CERTIFIED TRAINING
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2021
The Trustees present their annual report together with the financial statements of the Bild Association of Certified Training for the year 1 April 2020 to 31 March 2021.
Objectives and activities
a. Policies and objectives
Bild Association of Certified Training (ACT) is a separate registered charitable organisation from The British Institute of Learning Disabilities, and is a certification body accredited by United Kingdom Accreditation Service (UKAS) as complying with the ISO 17065:2012 certification standards.
ACT is licensed by the Restraint Reduction Network to use the Restraint Reduction Network Training Standards and deliver the Restraint Reduction Network Certification Scheme. There are 59 training organisations certified under the scheme, with a further 41 working towards. It takes approximately one year to work through and achieve certification. Once certified, it lasts for three years and 20% of senior trainers, curricular and affiliated organisation are assessed over that period.
NHS Commissioned services now require certification of training services. CQC also expects regulated services across health and social care to have certified training.
The Charity’s objects are restricted specifically, in each case only for the public benefit to advance education and research relating to learning disabilities, autism or mental health in order to improve support for persons with such disabilities.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Page 2
BILD ASSOCIATION OF CERTIFIED TRAINING
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
b. Reserves policy
As a matter of policy, each year the Trustees review the value of reserves retained in the form of investments, cash and cash equivalents not held for restricted purposes. The Board consider the Charity’s exposure to major risks in terms of their likely impact on income sources and planned expenditure in the short to medium term, as well as assessing the best way to manage such risks.
The reserves policy is set on a Group basis for the consolidated financial statements of The British Institute of Learning Disabilities. The policy was approved by Trustees in November 2016.
It was agreed that target free reserves of the Group should be set at £350,000, based on three months of full operational costs including restricted expenditure. This is a prudent target which is comparable with the average for large charities (those with incomes in excess of £500,000).
At 31 March 2021, total consolidated reserves stood at £289k (2020: £54k), of which free reserves totalled £196k (2020: (£945)), calculated as follows:
2021 2020 £ £ Reserves 289,215 53,768 Less unrestricted fixed assets (67,309) (51,853) Less restricted funds (26,058) (2,860) Free reserves 195,848 (945)
In the previous year, the accumulated reserves were deliberately utilised in the creation of the two new charitable subsidiaries within the Group. Despite the impact of the pandemic, both subsidiaries have started to demonstrate their ability to become self-funding within the two-year period set out at the time of their conception.
Due to the impact of the coronavirus pandemic, reserves have been monitored monthly from April 2021 by the Finance Sub-Committee in greater detail than ever.
The reserves policy is continually reviewed by the Trustees and there has been no change in the current financial period.
c. Results for the Year
The total deficit for the period amounted to £10,320 (2020: (£50,433)). In summary:
Unrestricted income totalled £318,228 (2020: £197,699). Unrestricted expenditure totalled £328,548 (2020: £248,132).
Page 3
BILD ASSOCIATION OF CERTIFIED TRAINING
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
d. Risk Management
The Trustees are aware of their responsibilities for ensuring that BILD minimises its exposure to risk and provides effective management where risk is identified. The management team have implemented a formal risk management process to assess business risks and implement risk management strategies. This has involved identifying the types of risks the Charity faces, categorising them in terms of potential impact and likelihood of occurrence, identifying responsibilities for managing each level of risk, and then implementing appropriate risk management strategies at each level.
A risk policy has been agreed with the Board as to which evaluated risks are to be reported at Trustees meetings, at Finance Sub Committee meetings and those risks which may be dealt with at management level. The risk register will be continually reviewed and updated to reflect the risks considered material to the organisation.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on _______ and signed on their behalf by:
Teresa Sargent Trustee
Page 4
BILD ASSOCIATION OF CERTIFIED TRAINING
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BILD ASSOCIATION OF CERTIFIED TRAINING ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2021.
RESPONSIBILITIES AND BASIS OF REPORT
As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
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
-
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)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Page 5
BILD ASSOCIATION OF CERTIFIED TRAINING
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021
Signed: Andrew Wood
Dated: FCCA
BISHOP FLEMING LLP Chartered Accountants 1-3 College Yard Worcester WR1 2LB
Page 6
BILD ASSOCIATION OF CERTIFIED TRAINING
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021
| Note Income from: Donations and legacies 3 Charitable activities 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2021 £ 248 317,980 318,228 328,548 328,548 (10,320) (50,433) (10,320) (60,753) |
Total funds 2021 £ 248 317,980 318,228 328,548 328,548 (10,320) (50,433) (10,320) (60,753) |
Total funds 2020 £ - 197,699 197,699 248,132 248,132 (50,433) - (50,433) (50,433) |
|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 to 17 form part of these financial statements.
Page 7
BILD ASSOCIATION OF CERTIFIED TRAINING REGISTERED NUMBER: 11721648
BALANCE SHEET AS AT 31 MARCH 2021
| Note Current assets Debtors 9 Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current liabilities Total assets less current liabilities Total net assets Charity funds Restricted funds 12 Unrestricted funds 12 Total funds |
104,649 80,831 185,480 (246,234) |
2021 £ (60,754) (60,754) (60,754) - (60,754) (60,754) |
85,885 14,565 100,450 (150,883) |
2020 £ (50,433) (50,433) (50,433) - (50,433) (50,433) |
|---|---|---|---|---|
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on _______ and signed on their behalf by:
Teresa Sargent Trustee
The notes on pages 9 to 17 form part of these financial statements.
Page 8
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1. GENERAL INFORMATION
Bild Association of Certified Training is a charitable company limited by guarantee incorporated in England & Wales.
The registered office is Birmingham Research Park, 97 Vincent Drive, Birmingham, B15 2SQ.
The Charity is registered as a Charity, number 1190461, with the Charity Commission.
2. ACCOUNTING POLICIES
2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Bild Association of Certified Training meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 GOING CONCERN
After reviewing the Charity’s forecasts and projections, the Trustees consider that the organisation is better placed to manage the business risks it faces. This position is supported by an improving cash flow and the increasing ability to retain and secure new services. The Trustees therefore have a reasonable expectation that the organisation has sufficient resources to continue in operational existence for the future and believe that there are no material uncertainties that call into doubt the ability of the organisation to continue as a going concern. The organisation therefore continues to adopt the going concern basis in preparing its financial statements.
2.3 INCOME
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
2.4 EXPENDITURE
Page 9
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
2. ACCOUNTING POLICIES (CONTINUED)
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 DEBTORS
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 CASH AT BANK AND IN HAND
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 LIABILITIES AND PROVISIONS
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.8 FINANCIAL INSTRUMENTS
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.9 FUND ACCOUNTING
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Page 10
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
3. INCOME FROM DONATIONS AND LEGACIES
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| £ | £ | £ | |
| Grants | 248 | 248 | - |
4. INCOME FROM CHARITABLE ACTIVITIES
| Unrestricted funds 2021 £ Conferences, Training and Publications 317,980 Unrestricted funds 2020 £ Conferences, Training and Publications 197,699 |
Total funds 2021 £ 317,980 |
|---|---|
| Total funds 2020 £ 197,699 |
5. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund type
| Unrestricted funds 2021 £ Conferences, Training and Publications 316,107 Governance 12,441 328,548 |
Total funds 2021 £ 316,107 12,441 |
|---|---|
| 328,548 |
Page 11
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
5. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES (CONTINUED)
Summary by fund type (continued)
| Conferences, Training and Publications Governance |
Unrestricted funds 2020 £ 241,783 6,349 248,132 |
Total funds 2020 £ 241,783 6,349 |
|---|---|---|
| 248,132 |
6. ANALYSIS OF EXPENDITURE BY ACTIVITIES
| Conferences, Training and Publications Governance |
Activities undertaken directly 2021 £ 115,526 7,725 123,251 |
Support costs 2021 £ 200,581 4,716 205,297 |
Total funds 2021 £ 316,107 12,441 |
|---|---|---|---|
| 328,548 |
| Conferences, Training and Publications Governance |
Activities undertaken directly 2020 £ 197,656 5,368 203,024 |
Support costs 2020 £ 44,127 981 45,108 |
Total funds 2020 £ 241,783 6,349 |
|---|---|---|---|
| 248,132 |
ANALYSIS OF SUPPORT COSTS
Page 12
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
6. ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED)
ANALYSIS OF SUPPORT COSTS (continued)
| Total funds 2021 £ Staffing (via Service Level Agreement) 178,656 Premise and Utilities 23,974 Website 2,667 205,297 7. INDEPENDENT EXAMINER'S REMUNERATION 2021 £ Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts 1,275 Fees payable to the Charity's independent examiner in respect of: All other services not included above 500 8. TRUSTEES' REMUNERATION AND EXPENSES During the year, no Trustees received any remuneration or other benefits (2020 - £NIL). |
Total funds 2020 £ 26,997 9,973 8,138 |
|---|---|
| 45,108 | |
| 2020 £ 1,200 - |
|
During the year ended 31 March 2021, no Trustee expenses have been incurred (2020 - £NIL).
9. DEBTORS
| DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income |
2021 £ 102,722 1,927 104,649 |
2020 £ 83,415 2,470 |
|---|---|---|
| 85,885 |
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2020
Page 13
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR (CONTINUED)
| Trade creditors Amounts owed to group undertakings Other taxation and social security Other creditors Accruals and deferred income |
2021 £ £ - 112,124 40,039 1 94,070 246,234 |
2020 £ £ 47,162 - 21,261 1,199 81,261 |
|---|---|---|
| 150,883 |
11. FINANCIAL INSTRUMENTS
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| FINANCIAL ASSETS | ||
| Financial assets measured at fair value through income and expenditure | 80,831 | 14,565 |
Financial assets measured at fair value through income and expenditure comprise of cash at bank and in hand.
Page 14
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
| 12. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR UNRESTRICTED FUNDS General Funds STATEMENT OF FUNDS - PRIOR YEAR UNRESTRICTED FUNDS General Funds - all funds |
Balance at 1 April 2020 £ (50,433) |
Income £ 318,227 Income £ 197,699 |
Expenditure £ (328,548) Expenditure £ (248,132) |
Balance at 31 March 2021 £ (60,754) Balance at 31 March 2020 £ (50,433) |
|---|---|---|---|---|
Page 15
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
13. SUMMARY OF FUNDS
SUMMARY OF FUNDS - CURRENT YEAR
| Balance at | |||
|---|---|---|---|
| Balance at 1 | 31 March | ||
| April 2020 | Income | Expenditure 2021 |
|
| £ | £ | £ £ |
|
| General funds | (50,433) | 318,227 | (328,548) (60,754) |
| SUMMARY OF FUNDS - PRIOR YEAR | |||
| Balance at | |||
| 31 March | |||
| Income | Expenditure 2020 |
||
| £ | £ £ |
||
| General funds | 197,699 | (248,132) (50,433) |
|
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | |||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR | |||
| Unrestricted Total |
|||
| funds funds |
|||
| 2021 2021 |
|||
| £ £ |
|||
| Current assets | 185,480 185,480 |
||
| Creditors due within one year | (246,234) (246,234) |
||
| TOTAL | (60,754) (60,754) |
||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR | |||
| Unrestricted Total |
|||
| funds funds |
|||
| 2020 2020 |
|||
| £ £ |
|||
| Current assets | 100,450 100,450 |
||
| Creditors due within one year | (150,883) (150,883) |
||
| TOTAL | (50,433) (50,433) |
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR
Page 16
BILD ASSOCIATION OF CERTIFIED TRAINING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
15. CONTROLLING PARTY
The ultimate parent Charity is The British Institute of Learning Disabilities (Registered Charity Number - 1019663). Consolidated financial statements The British Institute of Learning Disabilities are publicly available from its registered office at Birmingham Research Park, 97 Vincent Drive, Birmingham, B15 2SQ.
Page 17