# Annual Trustees’ **Report Accounts** & 2021-2022
Connecting people, food and science, for better nutrition and healthier lives
**Annual Review 2021-22** British Nutrition Foundation **3**
## **CONTENTS**
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03 Welcome from the Chair
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**04** Chief Executive’s introduction
**05** Our purpose and values
- **06** Annual Review for the year ended 31 May 2022 • 2021-22 at a glance • Achievements 2021-22
- **13** Trustees’ report for the year ended 31 May 2022 • Legal and administrative information
- Governance
- Risk management • Financial review • Plans for future periods • Statement of Trustees’ responsibilities
- **22** Independent Auditors’ Report
**26** Financial Statement and Notes to the Accounts **43** Appendices • Corporate Members at 31 May 2022 • Financial support for activities in 2021-22 • Honorary Members, Governors Emeritus and Committees at 31 May 2022
**Welcome** to the Annual Trustees’ Report and Accounts 2021-2022
Professor John Mathers Chair of the Board of Trustees
With sadness, we said farewell to two long-standing pillars of the Leadership Team as Professor Judy Buttriss retired from her role as Director General and Roy Ballam from the Managing Director role, after 23 and 26 years of service respectively. The Trustees and I would like to thank them both for their many years of contribution and commitment to the Foundation. We are particularly grateful to Roy for a comprehensive handover with Elaine and to Judy for introducing Elaine to key stakeholders and for her continued support as Editor in Chief of the _Nutrition Bulletin_ .
I am delighted to present our 2021-22 Annual Report and my first as Chair of the Board of Trustees. I would like to thank my predecessor, Professor Colin Dennis, for his time and commitment to the Board and to thank our Vice-Chair, Alyson Greenhalgh-Ball, who is now supporting me in leading the Board of Trustees.
This report covers the return to a new normal following the peaks of the COVID-19 pandemic, as well as new challenges including the ongoing war in Ukraine, rising costs of fuel, utilities and food, and the start of a cost-of-living crisis not seen for a generation.
This year, the British Nutrition Foundation began to implement its new brand and website, beginning a journey towards making nutrition science more engaging and accessible to all through greater digital optimisation. This is something I am particularly keen to see develop in the coming years.
In what is a period of considerable flux, we have welcomed new colleagues to the Foundation to help lead our new Strategy for the coming five years.
Dr Bernadette Moore, Associate Professor of Obesity, University of Leeds, joined the Board this year and we value her expert contributions to the Scientific Committee as well as to Board discussion and debate. At the beginning of 2022, we welcomed our new Chief Executive Elaine Hindal to the Foundation. Elaine brings a wealth of operational leadership experience from the charity and commercial sectors that will prove invaluable as she continues to help guide the Foundation in its future journey.
This year has been a year of significant change for the Foundation, but with change comes great opportunity. It is an exciting time to be in the role as Chair and to be working with my fellow Trustees and the whole team at the British Nutrition Foundation to continue to connect people, food and science.
**Professor John Mathers**
Chair, Board of Trustees
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Chief Executive’s** Introduction
Elaine Hindal Chief Executive
Two of the most pressing challenges we face today are addressing health and social inequality and tackling climate change. Food brings these issues together.
When I joined the British Nutrition Foundation in January 2022, it felt like an important time for accurate, evidence-based public nutrition education following the COVID-19 pandemic.
Little did we know just how critical access to healthy, sustainable food would become for so many as the cost-of-living began to escalate. Sustainability, health and access to nutritious food are at the heart of the work we do at the British Nutrition Foundation, and it is a privilege to be joining the Foundation at such a critical time.
During my first nine months, I have been deeply impressed by the knowledge, expertise and commitment of the British Nutrition Foundation team. It is a great credit to Professor Judy Buttriss and Roy Ballam, and to the whole team, that the Foundation is so well respected for championing nutrition science and food education, and for its ability to convene stakeholders from across sectors to address the issues that matter to us all.
A particular personal highlight was a visit to a Nottinghamshire primary school in June to see _Healthy Eating Week_ in action. It was inspiring to see children engaged in learning about healthy eating using the wealth of resources developed for the classroom. Supporting teachers and helping children learn about food is something we take seriously at the British Nutrition Foundation.
I would like to take this opportunity to thank our supporters and members. We are grateful for their contributions to our work to promote healthy, sustainable diets for all, and for their commitment to changing the food environment towards one that facilitates healthier choices that are better for people and planet. We are honoured to be on the journey with them.
Finally, I would like to offer my thanks to everyone at the British Nutrition Foundation for their warm welcome and support. In the year ahead, facing critical challenges in the cost-of-living and increasing food insecurity, the Board, the team and I are reshaping the Foundation’s future as our current strategy period comes to a close. Our 2023-28 Strategy has very solid foundations on which to build, in a future that will be very different from even our recent past.
## **Our purpose and values**
## **Our values guide our strategy and behaviours, providing a set of principles that shape our priorities, partnerships and ways of working.**
## **Connecting people, food and science for better nutrition and healthier lives**
The British Nutrition Foundation is a public-facing charity which exists to give people, educators and organisations access to reliable information on nutrition. Our objects are two-fold:
**Integrity** We are science-led, impartial, open minded, transparent and committed to diversity and sound ethical principles.
**Collaboration** We amplify our impact via partnership working with a range of stakeholders.
- (a) to advance the education of the public, and those involved in training and the education of others, in nutrition; and
**Quality** We deliver excellence consistently.
- (b) to advance the study of and research into nutrition for the public benefit and disseminate and publish the useful results of such research.
**Positivity** We are a team of highly qualified experts who care about providing credible nutrition science and are passionate about the positive influence it can have on healthier lives.
Put simply, our vision is that more people eat healthy, sustainable food. Our mission in achieving this is to translate evidence-based nutrition science in engaging and actionable ways - ways that make a difference and can help people make lasting changes.
**Elaine Hindal** Chief Executive
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **2021-22 at a glance**
This year has been a year of collaboration, celebration and championing healthy, sustainable diets.
## **June 2021**
## **Celebrating Healthy Eating Week 2021**
With an overarching message to _‘Find your healthier you!’_ our flagship week helped raise awareness of the importance of food to our health and well-being among over 1.5m people, through the almost **6,500** early years settings, schools, universities and workplaces that took part.
**“Children found the Be the Chef day the highlight of the week as they were given a chance to be practical and learn a new dish.”**
2021 participant
## **September 2021**
## **Career starting opportunities**
## _**Food – A Fact of Life**_ **30th Anniversary**
Our Drummond Internship programme promotes careers in nutrition science, by offering each individual a unique opportunity to gain skills, knowledge and experience as part of our Science Team.
Launched in 1991, the _Food – A Fact of Life_ education programme continues to support excellence in food teaching and learning through online resources to support the curricula and qualifications in England, Scotland, Wales and Northern Ireland.
## **October 2021**
## **August 2021**
## **November 2021**
**Advancing nutrition science** Our flagship review, _Healthier and more sustainable diets: what changes are needed in high-income countries?_ was published in the British Nutrition Foundation’s international peer-reviewed journal, _Nutrition Bulletin_ . The review highlights the need to consider the nutritional quality of diet alongside environmental benefits, to achieve sustainable diets that benefit both human and planetary health.
## **Annual Conference 2021**
## **Developing the future of food education**
Our 2021 Annual Conference was attended by the Foundation’s Royal Patron, HRH **Testing and evaluating** The Princess Royal. The theme **our resources** of _Healthier people on a healthier_ As part of work funded by the _planet - the perfect outcome_ European Institute of Innovation _for a transformed food system_ and Technology (EIT) Food, we proved popular, with over evaluated our _Get Portion Wise!_ guides with in-home research to explore attitudes and behaviours in relation to the portion size **1,000** of home-cooked meals.
Supported by the All Saints Educational Trust, the British Nutrition Foundation held a consensus building event and used insights from qualitative and quantitative research to develop new recipes and school resources to reflect the diversity of young people in the UK. The report sets out
## **1,000 virtual registrants**
**10**
**recommendations for the future of UK food education**
From practical recommendations on ingredient variety to ensuring food and nutrition education is available to all children, the reintroduction of a food A-Level, and teacher recruitment and training, we urge all food education providers to consider and act upon these recommendations.
Our portion size guides have since been revised to improve understanding and use. They remain one of our most downloaded resources.
The conference, with expert presentations and case studies from agricultural, educational/school and food industry settings, set out a compelling case for change towards healthier and more sustainable diets.
## **February 2022**
## **Our flagship projects**
**“ This internship has given me the opportunity to learn, develop and take on a wide variety of tasks that I would have otherwise not experienced. This has really built up my confidence in my abilities, and I know will prove invaluable in my future career.”**
We launched two new flagship projects in Feb 2022, each with support from 12 member companies. Our Healthy Sustainable Diets project aims to develop resources to help young people have a healthier and more sustainable diet, and our Ultra-Processed Foods project is bringing together a variety of stakeholders to discuss views on the topic. Both projects will report in 2022-23.
## **May 2022**
**Strengthening our toolkit to tackle misinformation**
The British Nutrition Foundation joins a growing number of NHS organisations and health charities that are certified PIF TICK Members with a commitment to high-quality, clearly communicated, evidencebased information.
We were pleased to be awarded the Patient Information Forum (PIF) TICK quality mark in May 2022. The PIF TICK is UK’s only assessed quality mark for print and online health information and is a quick and easy way for people to be assured that health information is evidencebased, reliable and trustworthy.
Sophie Yelland, Junior Nutritionist, Drummond Intern, Sept 2021-Dec 2022
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Achievements 2021-2022** Public Education
## **Communicating EvidenceBased Nutrition Information**
## **Eat Well Play Well**
## **nutrition.org.uk**
Marks & Spencer’s partnership with the UK Home Nation football teams aims to inspire healthier eating choices through football. The _Eat Well Play Well_ campaign, targeted to families with children, promotes positive healthy eating messages in a relatable way. The _Eat Well_ health seal of approval signals products that meet evidence-based nutritional criteria developed in consultation with the British Nutrition Foundation. _Eat Well_ makes it easier for people to make healthy choices.
- More than 1m people used the _nutrition.org.uk_ website with almost 4 million page views
- 203,400 resources were downloaded
- Top 5 information pages viewed: Fibre, 7-day meal plan, Protein, Healthy diet recommendations, Healthy Eating Week
- Top 5 most downloaded resources: 7-day meal plan, Fun way to fibre, Portion size guide, Protein in the diet, Vitamins and minerals in our food
In September 2021, our new website, _nutrition.org.uk_ , was launched incorporating a fresh new brand identity. This will give the Foundation a platform from which to strengthen our digital presence and increase the accessibility of our consumer information going forward.
Throughout 2021-22, new content was published based on the Eatwell Guide, including the science of healthier and more sustainable diets,
portion size guides and energy density. The website has also featured blogs on topics including sustainable seafood, and nuts as part of a healthy, balanced diet.
A key element of our work is to make evidence-based nutrition science accessible to all. To this end, we work with the media, publish a range of newsletters and develop content to bring nutrition science to life.
## **Our media reach**
- 2.5 million impressions on our social media platforms
- 48,000 social media followers
- 325,000 views of our online video content
- 36,000 e-newsletter registrants
- 666 pieces of broadcast, online and print media coverage
## **Healthy Eating Week 2021**
Our annual _Healthy Eating Week_ is a key opportunity for the British Nutrition Foundation to celebrate healthy, sustainable diets and to raise awareness of the importance of food to our health and well-being.
_Healthy Eating Week 2021_ reached more than 1.5m people, through the almost 6,500 early years settings, schools, universities and workplaces that took part.
Feedback indicates that half of those involved were inspired to change how their organisation provides information about healthy lifestyles, and two-thirds reported that they would continue with a health-related activity that they started during _Healthy Eating Week_ .
## **Powering Performance**
The British Nutrition Foundation’s partnership with Sodexo in 2021-22 focused on developing the nutritional basis for Sodexo’s _Powering Performance_ programme. Sodexo employees completed nutrition training, developed and certified by the British Nutrition Foundation, enabling them to bring nutrition science to life across a menu, introduce new ingredients to encourage a varied diet, and share with students the importance of nutrition to physical and mental wellbeing.
More than 100 Sodexo employees completed the training in 2021-22.
## **Supporting Food Education in Schools**
## **foodafactoflife.org.uk**
This year marked the 30th Anniversary of _Food, a Fact of Life_ , our free online programme of teaching guidance and curriculumcompliant resources for schools. We were delighted to continue this programme in 2021-22 in partnership with the Agricultural and Horticultural Development Board.
- 384,000 people used the _Food, a Fact of Life_ website, with 2.4 million page views
- 1.2m educational resources were downloaded
- Top 5 information pages viewed: Recipes, Nutritional analysis, Healthy eating, Food commodities, Hygiene and safety
- Top 5 most downloaded resources: Eatwell Guide, Eatwell Guide presentation, Eatwell Guide worksheet, Nutritional needs throughout life, Eatwell Quiz
- Almost 5,500 teachers registered for our educators’ events, including the _Food, a Fact of Life_ 30th Anniversary Conference, webinars and online cooking workshops and masterclasses
- Feedback from our teachers’ events is overwhelmingly positive, with more than 90% of attendees feeling ‘more informed’ and ‘confident to teach’ food as a result
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Achievements 2021-2022** Advancing Nutrition Science
## **Scientific Publication**
_for healthy sustainable diets – how could fibre and alternative proteins help?_ - and 18 online training courses were available.
- AfN Inter-Professional Working Group on Medical Nutrition Education;
The British Nutrition Foundation advances the study of nutrition science through our journal _Nutrition Bulletin_ and via online training and webinars. Both allow the Foundation to extend our reach in the UK and internationally.
- Medical Research Council (MRC) funded UK Nutrition Research Partnership ‘hot-topic’ workshops;
Our webinars reached a global professional or academic audience of more than 2,600 people, whilst 2,042 people used our online training, where popular topics included workplace nutrition and wellbeing. In addition, the British Nutrition Foundation Student Network continues to thrive and reached over 500 students of nutrition science in 2021-22.
- The European Institute of Innovation & Technology (EIT Food) Health Claims Unpacked project;
_Nutrition Bulletin_ was available in 11,884 global institutions, with 385,000 copies of papers downloaded from Wiley Online Library in 2021-22. Key publications included a spotlight on sports nutrition, food labelling, healthier and more sustainable diets, and vitamin D. _Nutrition Bulletin_ is indexed in the 2021 Journal of Citation Reports and has an Impact Factor[TM] of 3.609.
- EIT Food Portion Size Guide evaluation project;
- UK Research and Innovation
- (UKRI) Biotechnology and Biological Sciences Research Council (BBSRC) Doctoral Training Partnership, _Raising the Pulse_ ;
## **The Importance Of Collaborative Working**
The British Nutrition Foundation is a founding member of the Academy of Nutrition Sciences, a joint initiative between us and The Association for Nutrition (AfN), The Nutrition Society and the British Dietetic Association. The Academy’s objective is to improve public health and wellbeing by supporting excellence in research, education and associated activities to advance the knowledge and application of evidence-based nutrition science. In 2021-22, the British Nutrition Foundation continued to sponsor the Academy and play an active role in its future development.
- Associate Partner of the FoodBioSystems Doctoral Training Partnership;
In 2021-22, the Foundation delivered two webinars – _Hungry or Full? Responsive feeding in young children_ ; and _Reformulating_
- External Advisory Board for the BBSRC/MRC funded Food4Years Network; and
- UKRI BBSRC and the Nuffield Council on Bioethics public dialogue programme on genome editing in farmed animals.
## **Junior Nutritionist Placements**
The British Nutrition Foundation continued to support students of nutrition science in 2021-22 with a 12-month work placement in partnership with Marks & Spencer. Our placements provide a unique opportunity for graduates to gain experience in non-profit and commercial settings under the mentorship of an experienced Nutrition Science Manager.
In addition, the British Nutrition Foundation extended its expertise to a number of sector-wide initiatives in 2021-22:
Hannah Molloy Junior Nutritionist, 2021-22
“ My placement at the British Nutrition Foundation gave me invaluable experience of working within the field of nutrition and communicating evidence-based advice to different audiences. Throughout my placement I was provided with numerous opportunities to develop new skills and push myself out of my comfort zone.”
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Rosalie Forde Sarah Fletcher Alison Cavanagh
Three Ways School, Bath The Portsmouth Academy, Willoughby Academy,
Portsmouth Lincolnshire
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Lloyd Henry Haydn Bettles Elizabeth Rothery
Ysgol Gyfun Gŵyr, Swansea Armitage CofE Primary The Whitehaven Academy,
School, Manchester Cumbria
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**The British Nutrition Foundation Drummond Education Awards for excellence in food GCSE/National 5 and Post-16 qualifications.** Due to the COVID-19 pandemic, we were unable to present awards for student achievement in GCSE/National 5 and Post-16 qualifications in 2021-22. Instead, six awards were presented to teachers nominated by their peers for excellence in food and nutrition teaching. The award winners are pictured above.
**The British Nutrition Foundation Early Career Scientist Award, recognising future leaders in nutrition science.**
## **The British Nutrition**
**Foundation Prize, awarded to a person or group for outstanding achievement in an area of nutrition.**
The 2021 winner was Dr Fiona Lavelle, Institute for Global Food Security, Queen’s University Belfast. Dr Lavelle was recognised for outstanding work in the field of Behavioural Nutrition with a particular focus on culinary behaviours in children and how they can impact on children’s health and wellbeing.
The 2021 British Nutrition Foundation Prize was awarded to Dr Alison Tedstone, former Chief Nutritionist, Office of Health Improvement and Disparities. Dr Tedstone was nominated for her distinguished contribution to public health research and her work for two decades at the highest Government level ensuring that diet, nutrition and obesity were central in nutrition policy making.
## **British Nutrition Foundation Awards**
The British Nutrition Foundation celebrates the study of nutrition science through a series of annual awards and our Drummond Internship Programme. These are made possible by an endowment of the Drummond Memorial Fund, established in memory of distinguished biochemist Sir Jack Drummond (1891-1952).
**The British Nutrition Foundation Drummond Pump Priming Award,**
awarded to a newly appointed lecturer or research fellow to undertake the pilot work needed to support a substantial grant application in nutrition science.
The Pump Priming Award was not awarded in 2021, due to restrictions around laboratory and human study-based research as a result of the COVID-19 pandemic. The Drummond Pump Priming Award will resume in 2022.
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
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The need
for accessible
information to help
educate people about
healthier, sustainable
and more affordable
information
diets will continue
to grow. Directors and Trustees
(Immediate Past Chair)
Michael Bond
Graeme Findlay
Gill Fine
Dr Bernadette Moore
(appointed 2022)
Louise Redmond
David Webster
OBE (resigned 2021)
Alisdair Wotherspoon
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## **Trustees’ Report**
## For the year ended 31 May 2022
## Our Patron
## **Legal and administrative information**
Professional Advisors
Her Royal Highness The Princess Royal
Accountants:
Crossley Third Sector, Star House, Star Hill, Rochester, Kent, ME1 1UX
## Directors and Trustees
## President
For the purposes of charity law, the directors of the charitable company (the charity) are its Trustees:
Professor Emeritus Alan Shenkin
Auditor:
Moore Kingston Smith, 9 Appold Street, London EC2A 2AP
Key Management Personnel Professor Judy Buttriss, Director General (until December 2021)
Professor John Mathers (Chair) Professor Colin Dennis CBE (Immediate Past Chair)
Banker:
Barclays Bank, Barclays Business, 1st Floor, 27 Soho Square, London, W1D 3QR
Roy Ballam, Managing Director (until December 2021)
Alyson Greenhalgh-Ball (Vice-Chair) Desiree Irving-Brown (Treasurer) Michael Bond Graeme Findlay Gill Fine
Elaine Hindal, Chief Executive (from January 2022)
Investment Management: Charles Stanley, 25 Luke Street, London, EC2A 4AR
Sara Stanner, Science Director
Company registered number 00898651 Registered charity number England and Wales 251681 Registered charity number Scotland SC040061
Professor Susan Lanham-New Dr Bernadette Moore (appointed 2022) Louise Redmond David Webster
Solicitor:
Reed Smith LLP, Beaufort House, 15 St Botolph Street, London, EC3A 7EE
Professor Christine Williams OBE (resigned 2021) Alisdair Wotherspoon
Registered office New Derwent House, 69-73 Theobalds Road, London, WC1X 8TA
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Trustees’ Report**
For the year ended 31 May 2022
## **Governance**
The British Nutrition Foundation is a company limited by guarantee (company number: 0089651) governed by its Memorandum and Articles of Association. It is registered as a charity with the Charity Commission (charity number: 251681) and its Trustees are also the members of the company.
## Purpose
The British Nutrition Foundation delivers evidence-based information on food and nutrition to benefit public health. Its objects are:
- to advance the education of the public, and those involved in training and the education of others, in nutrition; and
- to advance the study of and research into nutrition for the public benefit and disseminate and publish the useful results of such research.
Governing document
Under its Memorandum and Articles of Association, the Board may comprise no more than 12 Trustees. The Nominations Committee conducts the recruitment of Trustees, making recommendations for acceptance by the Board based solely on applicants’ abilities to meet the needs of the Foundation.
Trustees are appointed by the Board and serve for a term of three years, with each Trustee able to serve for a maximum of nine years. The Board has the power should it choose to do so to co-opt members to its sub-Committees of the Board to fill specialist roles or to provide independent expert advice.
The Foundation has a formal procedure for inducting Trustees and provides key reference documents to ensure that newly appointed Trustees are fully aware of the Foundations strategy, activities, and their responsibilities. Training is provided at the request of Trustees.
The composition of the Board is weighted towards those from the scientific academic community.
In 2022, the Board established two sub-Committees covering Finance,
Audit & Risk, chaired by the Treasurer (currently Desiree IrvingBrown) and HR & Remuneration chaired by a Trustee (currently Louise Redmond).
The Chief Executive is appointed by
the Board of Trustees to manage the day-to-day operations of the Foundation. The Chief Executive has delegated authority for operational matters including finance, employment, communications and consultancy in line with the policies that have been approved by the Board of Trustees. The Chief Executive is appraised annually by the Chair and the Board of Trustees.
## Related parties and cooperation with other organisations
No Trustees receive remuneration or other benefit from their work with the Foundation. Any connection between Trustees or senior managers with any member, supplier or partner of the Foundation must be disclosed to the full Board of Trustees and included in the register of interests.
Declarations of interest are invited at each Board meeting and all meetings of the Foundation’s advisory Committees and groups.
## **Risk Management**
The Trustees have established a risk management strategy which involves an annual review of the principal risks that the Foundation faces and the policies, systems and procedures in place to mitigate those risks. A risk register is maintained and reviewed regularly by the Finance, Audit & Risk Committee and the HR & Remuneration Committee respectively. The full Board reviews the risk register on an annual basis and considers any significant changes.
Given the uncertainties discussed earlier in this report, several risks have been at the forefront of the Trustees’ consideration.
The Trustees consider the following to be the principal risks currently facing the Foundation:
## Income diversity
Despite its healthy reserves, with the loss of EU and research funding in recent years, the British Nutrition Foundation has grown increasingly reliant upon corporate membership income in the form of subscriptions, project work and voluntary donations.
Plans to diversify sources of income are in development, but we recognise that competition for charitable income is considerable and that a broad approach to income generation will be required. The Foundation is considering a range of options for income generation, including building upon our scientific partnerships with academic institutions; project funding through trusts and foundations; working in concert with other charities and non-profit organisations and in the longer-term, developing a small but important commercial income stream through our webinars, training and licensed content.
The Trustees continue to monitor the charity’s financial position and are content that appropriate financial controls are in place should income continue to be under pressure.
## Competition
With growing consumer interest in food and nutrition, and greater demand for plant based foods and more sustainable ways of eating, the British Nutrition Foundation finds itself competing in a highly contested media market for information and engaging content. Much of this content lacks the solid evidence base of that provided by the British Nutrition Foundation, and it is vital that we respond effectively using social media and digital channels to counter misinformation.
The Trustees also recognised the need to invest in our website and communications strategy. There is a risk that we fail to respond in an agile manner to the information provided by unqualified commentators and others. To this end, Trustees have approved the appointment of additional roles in Communications and Digital to raise the profile of the British Nutrition Foundation with journalists, the media and other providers of online content.
## Reputation
As a charity funded by corporate donations from organisations operating in the food industry, the Trustees are profoundly aware of the importance of protecting the Foundation from undue industry influence, and the reputational risk of failing to maintain our independence.
We ensure our integrity and independence in a number of ways:
- Trustees are supported by
an Advisory Committee the composition of which is also weighted towards academics based in universities and research institutes. The Advisory Committee meets twice annually and is chaired by Professor Janet Cade, Professor of Human Nutrition at the University of Leeds.
- Our Science work programme is informed by an independent Scientific Committee which enjoys a large membership from those who are active in academic nutrition, nutrition science, public health and education. The Scientific Committee is chaired by Science Director, Sara Stanner.
• Specialised scientific support
and review is provided by the Editorial Advisory Board of our journal _Nutrition Bulletin_ . The Board comprises more than 30 members, drawn from a range of academic specialisms in nutrition science and represent institutions in the UK, Europe, China, North America and South America.
- The Foundation’s work in schools is supported by four Education Working Groups, representing teachers in primary and secondary school settings in England, Wales, Scotland and Northern Ireland. The groups meet quarterly and are chaired by Education Services Manager, Claire Theobald.
- The British Nutrition Foundation has robust procedures in place to sustain the quality and clarity of its public information. In May 2022, the Foundation was awarded the Patient Information Forum TICK, the UK quality mark for trustworthy health information.
• The British Nutrition Foundation does not lobby, does not endorse any products or engage in food advertising campaigns in support of brands.
The Trustees continue to monitor the reputation of the Foundation through regular surveys of stakeholder perceptions and public trust in the independence of the information we provide.
## People
Like many organisations in the current climate, the British Nutrition Foundation recognises the importance of developing and retaining our talented staff team.
We are fortunate to have a number of employees in critical roles who have been with the Foundation for many years, but as a small organisation, we cannot offer the opportunities for career advancement that employees earlier in career may be looking for.
The Board has tasked the Chief Executive, with the support of the HR & Remuneration Committee, to develop new ways to support staff retention and has approved investment in professional development for all staff. Given the increased risk of fraud and cyber crime, core training includes cyber security awareness, as well as professional CPD, line management and diversity and inclusion training.
In addition, we recognise the diversity of the British Nutrition Foundation fails to reflect the communities we seek to serve in our governance, advisory groups and staff. This needs to change. The Trustees have invested in training in diversity and inclusion and will be developing an Equity, Diversity and Inclusion (EDI) strategy and plan. Our approach to EDI will also consider our communications strategy as well as how the British Nutrition Foundation can help attract and support people from underrepresented groups to study and work across the breadth of the food industry and in the field of nutrition science.
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Trustees’ Report**
## **Financial Review**
The statement of the British Nutrition Foundation’s financial activities for the year is set out on page 26 of the Annual Report. Total income for 2021-22 was £1.352m (2021: £1.311m). Voluntary income for the year was £849,911 (2021: £748,088). Investment income for the year was £18,432 (2021: £16,883).
For the year ended 31 May 2022
There was a modest net surplus for the year of £8,691 (2021: £108,918).
## Funding
Of the income received of £1.352m in 2021-22, the British Nutrition Foundation received £171,851 from membership subscriptions (2021:£171,665) and a further £687,060 in donations from corporate members (2021: £576,423). All voluntary income is unrestricted.
In addition, the British Nutrition Foundation generated £453,010 (2021: £522,962) from consultancy projects from a number of corporate members, non-member commercial
food organisations and Trusts and Foundations. This income stream remained impacted by the lasting effects of the COVID-19 pandemic and in the latter half of the financial year, by market turmoil arising from the Russia-Ukraine war and the continued pressures on charitable giving by Trusts and Foundations.
The British Nutrition Foundation raised £31,318 (2021: £23,281) from publications, largely due to its journal _Nutrition Bulletin_ .
## Fundraising
During 2021-22, the British Nutrition Foundation did not carry out any public fundraising activities, either directly or through other parties, and has no plans to do so in the immediate future. Consequently, the British Nutrition Foundation is not subject to any undertaking to be bound by any voluntary scheme for regulating fundraising. The British Nutrition Foundation received no complaints in the year regarding fundraising activities.
As a charity, however, the British Nutrition Foundation is registered with the Fundraising Regulator and is committed to follow the Code of Fundraising Practice and the Fundraising Promise. Details of our registration can be found on the Fundraising Regulator’s website.
## Expenditure on charitable activities
Charitable expenditure for the year was £1.235m (2021: £1.192m).
A focus of our expenditure in 2021-22 has been the refresh of our nutrition.org.uk website which will, in the long term, allow the organisation to reach a greater number of people online. In addition, we continued to invest in our _Food – a Fact of Life_ programme to support teachers and food education in schools, and in _Nutrition Bulletin_ .
## Staffing costs
Expenditure on staffing costs for the year was £941,918 (2021: £865,885). This increase is due to the average number of persons employed by The British Nutrition
Foundation increasing during the year including an internship position funded by our designated funds.
## Expenditure on raising funds
Support costs are allocated to the cost of raising funds and charitable activities on the basis of staff time. Expenditure on raising funds for the year was £100,460 (2021: £84,416).
## Net assets
The total net assets of the Foundation were £1.580m at 31 May 2022 (2021: £1.573m).
## Investment policy
In considering the Foundation’s investment policy, the Trustees continue to take the view that the preservation of capital is of primary importance in the current climate and our investment strategy remains conservative.
The invested funds held on deposit for the Foundation (excluding those held in the Foundation’s current account) achieved income of £18,432 (2021: £16,883) for the year. The British Nutrition Foundation held total cash and investments of £687,886 as at 31 May 2022 (2021: £686,840).
## Reserves policy and going concern
It is the intention of the Trustees to maintain sufficient reserves to ensure the ongoing viability of the Foundation notwithstanding a significant shortfall in funding or other unexpected events.
## The Foundation’s Reserves
Policy was reviewed by the Board of Trustees in July 2021. It was agreed that a general reserve level should be maintained at a minimum of £600,000 to allow cover for the cost of closure and limited running for six months, and that an amount should be designated for future strategic development and investment in digital.
General reserves at 31 May 2022 were £1.396m (31 May 2021: £1.354m), given the continued uncertainty of charitable income and the development of a new Strategy for the charity in 2022. At the time of approving the
accounts, the Trustees have reviewed in detail three-year projections for Income and Expenditure and have a reasonable expectation that the Foundation has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## Designated funds
The British Nutrition Foundation continues to manage the Drummond Memorial Fund. In 2021-22, incoming resources into the fund were nil and outgoing expenditure was £20,672. The value of the Fund at 31 May 2022 was £151,327 (2021: £171,999). In addition, the British Nutrition Foundation has the Strategic Contingency Fund to help the foundation increase its impact, profile or capacity and the IT Strategic Fund for the enhancement of the website.
## Internal controls
Day-to-day financial management of the British Nutrition Foundation is supported by an independent accountancy firm with considerable experience in the non-profit sector. The Finance, Audit & Risk Committee receive the management accounts in full each month and review them in detail at each Committee meeting. A report of the Committee proceedings is a standing item on the full Board agenda allowing for any issues to be raised.
The Foundation’s Financial Policy sets out internal controls to counter the risk of fraudulent or inappropriate use of funds. Training on the Financial Policy is provided annually to managers and directors.
Detailed annual budgets are prepared each year for review by the Finance, Audit & Risk Committee and approval by the Board of Trustees. Quarterly forecasts for income, expenditure and cash flow are prepared for the Committee and reviewed in detail. In 2022 a revised 3-year financial plan was developed and approved.
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Trustees’ Report**
For the year ended 31 May 2022
## **Plans for future periods**
UK context
Looking ahead, the impact of the Russia-Ukraine war on the global economy and food supply chains, unprecedented food inflation and rising interest rates, means that the future remains challenging. The UK is now experiencing a cost-of-living crisis not seen for a generation. With soaring food prices and utility bills, many people are living with stark choices about how to feed themselves and their families.
Almost 10 million adults, and one in four UK households with children, experienced food insecurity in September 2022. This represents four million children without access to a healthy diet and in the longterm, at risk of diet related ill health, stunted growth and shorter lives (The Food Foundation, Food Insecurity Tracker, Sept 2022).
For many, rising food prices risk making a healthier, more sustainable diet feel ‘a unreachable goal’ (Food Standards Agency/Food Standards Scotland 2022) with more than half of UK adults feeling priced out of buying healthy food.
We are also beginning to see some evidence of trading-off between affordability and sustainability when it comes to food shopping, as some consumers deprioritise sustainable food choices for cheaper options. For example, Kantar data (Oct 2022) suggests that the proportion of British shoppers who try to buy products with more environmentally friendly packaging has fallen.
Research indicates that while one in four parents have cut back on food quantity, 28% have also reduced the quality of food they buy in order to afford household essentials (The Food Foundation and National Energy Action, Sept 2022). 58% of food insecure households report buying less fruit, and 48% fewer vegetables, in response to rising prices, despite the essential role of fruit and vegetables in a nutritious diet (The Food Foundation, Food Insecurity Tracker, Sept 2022).
The impact of household food insecurity across the UK is disproportionately felt; families with children, those from minority ethnic communities, people with disabilities and people not in work are particularly vulnerable. The Trussell Trust reports that 40% of people claiming Universal Credit skip meals to survive, yet despite accelerating need, its food banks are faced with having to purchase food to supplement what would usually be provided by donations.
Whilst there has long been a strong social gradient to diet-related ill-health, the disparity between those who can and cannot afford a nutritious diet contributes towards even greater health inequalities.
Our food environment plays an important role in shaping what people buy and eat, and this is influenced by what is available, affordable and accessible. Today, the work of the British Nutrition Foundation has never been more important, and we remain committed in our belief that people deserve not only to be food secure, but food and nutrition secure, with healthy, sustainable diets accessible to all.
It is likely however, that the need for accessible information to help educate people about healthier, sustainable and more affordable diets will continue to grow, and expectations on the UK and international food industry to reformulate, renovate and innovate its products towards healthier and more sustainable products will continue to increase.
Our work with industry, our stakeholder engagement efforts to elevate evidence-based nutrition science in public policy and in the media, and our campaigns in public education and content marketing, have never been more relevant.
In 2022, as the Foundation comes to the end of its current strategy period, it is an opportune time to pause and reflect. Our plans for 2023-28 are based on a detailed income forecast, cashflow and expenditure, and focus on delivering three priorities:
We remain committed in our belief that people deserve not only to be food secure, but food and nutrition secure, with healthy, sustainable diets accessible to all.
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Trustees’** Changing the food environment • We will work with corporate members to help change the food environment through **Report**
_Changing the Food Environment_
pillars are unpinned by a strong members to help change the foundation of evidence. We will food environment through continue to advance the study strategic critique, product of and research into nutrition for reformulation, training and the public benefit, both in our advice, and helping corporate work with schools and through nutritionists to make the case thought-leading content pieces, for healthier, more sustainable rapid evidence reviews, the products. _Nutrition Bulletin_ and our Awards Programme.
- For the year ended products. 31 May 2022 • In collaboration with others, we will advocate to change the food environment in schools and care settings, promoting the importance of nutrition on school attendance and attainment, campaigning for the most vulnerable to have access to free school meals and holiday clubs, and to appropriate nutrition in care homes and in supported living environments.
We anticipate some organisational change as we align our people and capacity to the new strategy, both in the staff team and in governance and advisory committees, and we expect to see positive movements in EDI with a new EDI Strategy in place from 2023.
With pressures on income likely to persist for some time, stakeholder engagement will continue to be a critical activity to protect and build relationships with our members and to ensure support from government, research bodies and other financing organisations.
- Our key measures of success will be built around case studies demonstrating the difference the British Nutrition Foundation has made to the food environment directly and through key stakeholders including government and government agencies.
## We will explore new sources
of income both from industry membership, targeted sectors such as online retailers who have benefited from the growth in direct delivery in recent years, and grants or Foundation income in the fields of health inequalities, food insecurity, and whole school approaches to food.
## Educating People:
• We will educate people directly through digital (web, social, in-app content and content marketing), media and social media; schools (reaching parents, teachers and the wider school community) and through our flagship _Healthy Eating Week_ campaign. We will support sector-wide campaigns in collaboration with others, where they are evidencebased. Our key measures of success will be centred on reaching our priority audiences; public engagement; and the impact of our information on consumer knowledge, skills and behavioural intent.
## Statement of Trustees’ Responsibilities
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2022. The Trustees have adopted the provisions of the 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 issued in July 2014.
## Advocating Science
## and Building Consensus:
- The reputation of the British Nutrition Foundation is anchored in our scientific expertise and an ability to translate nutrition science for a range of audiences. Our _Educating People and_
The Trustees are responsible for preparing the financial statements in accordance with applicable law regulations. The Trustees have elected to prepare the financial
ln so far as the Trustees are aware:
- make judgments and estimates that are reasonable and prudent
statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards).
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
- there is no relevant audit information of which the charitable company’s auditor is unaware;
Company law requires the Trustees to prepare financial statements for each financial period that give a true and fair view of the state-of-affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
- the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 as amended by The Charities Accounts (Scotland) Amendment (No. 2) Regulations 2014.
Auditor Moore Kingston Smith have expressed their willingness to remain in office as auditors of the charitable company. These accounts have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
In preparing those financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently
This report was approved by the Board of Trustees on 26 January 2023 and signed on its behalf by:
- comply with applicable accounting standards, including FRS 102, subject to any material departures disclosed and explained in the financial statements
- disclosed and explained in the They are also responsible for financial statements safeguarding the assets of the
- • state whether a Statement of charitable company and hence Recommended Practice (SORP) for taking reasonable steps for applies and has been followed, the prevention and detection of subject to any material departures fraud and other irregularities. which are explained in the financial statements
## Professor John Mathers
Chair, Board of Trustees
Date: 26 Jan 2023
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Independent Auditor’s Report**
For the year ended 31 May 2022
## Opinion
We have audited the financial statements of The British Nutrition Foundation for the year ended 31 May 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the charitable company’s affairs as at 31 May 2022 and of the incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 (as amended), regulations 6 and 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Charities Act 2011.
## Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs(UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern In auditing the financial statements, we have concluded that the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
## Based on the work we have
We have nothing to report in this regard.
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
- the Trustees’ annual report has been prepared in accordance with applicable legal requirements.
## Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The Trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
## Matters on which we are
required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.
We have nothing to report in respect of the following matters where the Companies Act 2006, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Charities Act 2011 require us to report to you if, in our opinion:
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a
- the charitable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us; or
- the charitable company’s financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of Trustees’ remuneration specified by law are not made; or
- material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
- we have not received all the information and explanations we require for our audit; or
• the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the Trustees’ Annual Report and from preparing a strategic report.
## Responsibilities of trustees
As explained more fully in the Trustees’ responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements We have been appointed as auditor under Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005, the Companies Act 2006 and Section 151 of the Charities Act 2011 and report to you in accordance with regulations made under those Acts. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
## misstatement, whether due to
fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.
## Explanation as to what
## extent the audit was considered capable of detecting irregularities, including fraud
The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the charitable company.
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Independent Auditor’s Report**
For the year ended 31 May 2022
Our approach was as follows:
• We obtained an understanding of the legal and regulatory requirements applicable to the charitable company and considered that the most significant are the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 (as amended), regulations 6 and 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended), the Charities Act 2011, the Charity SORP, and UK financial reporting standards as issued by the Financial Reporting Council.
- We obtained an understanding of how the charitable company complies with these requirements by discussions with management.
- We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management.
- We inquired of management and those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations.
- Based on this understanding, we designed specific appropriate audit procedures to identify instances of non-compliance with laws and regulations. This included making enquiries of management and obtaining additional corroborative evidence as required.
As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the financial statements, whether
due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the charitable company’s internal control.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Trustees.
- Conclude on the appropriateness of the Trustees’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists
• to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charitable company to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
## Use of our report
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006; and to the charity’s Trustees, as a body, in accordance with Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005, and in accordance with Chapter 3 of Part 8 of the Charities Act 2011. Our audit work has been undertaken so that we might state to the charitable company’s members and Trustees those matters which we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company, the charitable company’s members, as a body, and the charity’s Trustees, as a body for our audit work, for this report, or for the opinion we have formed.
## **Luke Holt**
(Senior Statutory Auditor) for and on behalf of Moore Kingston Smith LLP, Statutory Auditor
9 Appold Street London EC2A 2AP
Date:
Moore Kingston Smith LLP is eligible to act as auditor in terms of Section 1212 of the Companies Act 2006.
The British Nutrition Foundation is a publicfacing charity which exists to give people, educators and organisations access to reliable information on nutrition.
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
## **Annual Accounts 2021-2022**
Statement of Financial Activities for the year ended 31 May 2022
Balance Sheet for the year ended 31 May 2022
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Note|Unrestricted|Restricted|Total|Total|
|Fund|Fund|2022|2021|
|£|£|£|£|
|Income|
|Income from:|
|Voluntary income|2|849,911|-|849,911|748,088|
|Investment income|3|18,432|-|18,432|16,883|
|Charitable activities|4|484,328|-|484,328|546,243|
|Total Income|1,352,671|-|1,352,671|1,311,214|
|Expenditure|
|Expenditure on:|5|
|Raising funds|100,460|-|100,460|84,423|
|Charitable activities|1,234,919|-|1,234,919|1,192,331|
|Total expenditure|1,335,379|-|1,335,379|1,276,754|
|Unrealised (losses) / gain on investments|9|(13,073)|-|(13,073)|72,504|
|Realised gains on investments|3,343|-|3,343|3,147|
|Net income|7,562|-|7,562|110,111|
|Other (losses) on foreign exchange|(871)|-|(871)|(1,193)|
|Net movement in funds|6,691|-|6,691|108,918|
|Funds as at 1st June 2021|15|1,566,293|6,320|1,572,913|1,463,995|
|Funds as at 31st May 2022|15|1,573,284|6,320|1,579,604|1,572,913|
**----- End of picture text -----**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Note|2022|2022|2021|2021|
|£|£|£|£|
|Fixed Assets|
|Intangible Assets|7|18,636|30,309|
|Tangible Assets|8|5,808|11,167|
|Investments|9|687,886|686,840|
|712,330|728,316|
|Current Assets|
|Debtors|126,398|235,731|
|Cash at bank and in hand|10|999,737|763,577|
|1,126,135|999,308|
|Creditors: Amounts falling|
|due within one year|11|258,861|154,711|
|Net Current Assets|867,274|844,597|
|Total Net Assets|1,579,604|1,572,913|
|Funds|
|Restricted funds|13|6,320|6,320|
|Unrestricted funds:|
|Designated funds|14|177,231|212,575|
|General funds|15|1,396,053|1,354,081|
|1,579,604|1,572,913|
|These accounts have been prepared in accordance with the provisions of Part 15 of the|
|Companies Act 2006, relating to small companies. The financial statements on pages|
|26 to 41 were approved and authorised for issue by the Board of Trustees on|
|Chairman of the Board of Trustees – Prof John Mathers|
|Trustee - Ms. D Irving-Brown|
**----- End of picture text -----**
The notes on pages 30 to 41 form part of these financial statements. All of the operations of the Foundation are continuing.
These accounts have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006, relating to small companies. The financial statements on pages 26 to 41 were approved and authorised for issue by the Board of Trustees on
**Companies House No. 898651**
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
## **Annual Accounts 2021-2022**
Statement of Cash Flows for the year ended 31 May 2022
Statement of Cash Flows for the year ended 31 May 2022
||**Note**||**2022**|**2021**|
|---|---|---|---|---|
||||**£**|**£**|
|**Cash fow from operating activities**|||||
|Net cash provided (used in) / by operating activities|(i)||234,544|(103,238)|
|**Cash fow from investing activities**|||||
|Bank interest received|||1,176|939|
|Investment income
Acquisition of fxed asset investments
Proceeds from disposal of fxed asset investments
(Loss)/Proft on Forex
Purchase of intangible assets
Purchase of tangible fxed assets|||17,256
(36,160)
35,829
(871)
(3,000)
(2,170)|15,944
(113,095)
65,460
(1,193)
(22,000)
(5,902)|
|**Net cash (used in)/provided by investing activities**|||**12,060**|**(59,847)**|
|**Change in cash and cash equivalents**|||246,604|(163,085)|
|**Cash and cash equivalents at the beginning of the year**|||**790,036**|**953,121**|
|**Cash and cash equivalents at the end of the year**|(ii)||1,036,640|790,036|
|**Analysis of changes in net debt**||**As at**
**01 June 2021**|**Cash**
**fows**|**As at**
**31 May 2022**|
|||**£**|**£**|**£**|
|Cash at bank and in hand||461,927|182,783|644,710|
|Cash held on deposits and investments||328,109|63,821|391,930|
|||**790,036**|**246,604**|**1,036,640**|
|**Note**|||**2022**|**2021**||**2022**|**2021**|
|---|---|---|---|---|---|---|---|
||||**£**|**£**||**£**|**£**|
||||||**(i) Reconciliation of net income to net cash fow from operating activities**|||
|(i)|||234,544|(103,238)|Net income|6,691|108,918|
||||||**Adjustments for:**|||
||||1,176|939|Depreciation charge|7,527|6,190|
||||17,256|15,944|Amortisation charge|14,673|15,479|
||||(36,160)|(113,095)|Bank interest received|(1,176)|(939)|
||||35,829
(871)
(3,000)|65,460
(1,193)
(22,000)|Investment income
Loss/(Proft) on Forex diferences
(Proft) on sale of investments|(17,256)
871
(3,343)|(15,944)
1,193
(3,147)|
||||(2,170)|(5,902)|Revaluation of investments|13,073|(72,504)|
||||||Decrease/(Increase) in debtors|109,333|(84,646)|
||||**12,060**|**(59,847)**|Increase/(Decrease) in creditors|104,151|(57,838)|
||||246,604|(163,085)|**Net cash provided by/(used in) operating activities**|**234,544**|**(103,238)**|
||||**790,036**|**953,121**|**(ii) Analysis of Cash and cash equivalents**|||
|(ii)|||1,036,640|790,036||**At 31 May 2022 At 1 June 2021**||
|||||||**£**|**£**|
||**01**|**As at**
**June 2021**|**Cash**
**fows**|**As at**
**31 May 2022**|Cash at bank and in hand
Cash held on deposits and investments|644,710
391,930|461,927
328,109|
|||**£**|**£**|**£**||||
|||461,927|182,783|644,710||**1,036,640**|**790,036**|
|||328,109|63,821|391,930||||
|||**790,036**|**246,604**|**1,036,640**||||
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
## **1 Principal Accounting Policies**
## (a) Basis of preparation
- The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The British Nutrition Foundation 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 note(s).
The Trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charitable company to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. After making enquiries the Trustees have concluded that there is a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future based on a significant level of reserves and liquid assets in the form of investments which are readily available to convert into cash. For this reason the Trustees continue to adopt the going concern basis in preparing the financial statements.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
The British Nutrition Foundation is a private company, limited by guarantee, registered in England and Wales, registration number 898651. The registered office is New Derwent House, 69 - 73 Theobalds Road, London WC1X 8TA. The company is a registered charity, registered in England and Wales, registration number 251681 and in Scotland, registration number SC040061.
## (b) Income
- Income from member companies (including annual subscriptions) is accounted for on a receivable basis, but on a received basis in the case of donations. Government grants are accounted for on a receivable basis.
Investment income is recognised on a receivable basis.
Interest income is recognised on a receivable basis.
## (c) Expenditure Allocation
- The directors have allocated office costs and governance costs on the basis of the amount of time spent by each member of staff in each of the six areas of activity of the Foundation. Staff costs have been similarly apportioned.
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
- (f) Depreciation of Tangible Fixed Assets
Depreciation is provided on fixed assets on the straight line method at the following rates:
Fixtures and fittings 20% p.a. Computers and ancillary equipment 33.33% p.a.
Items of expenditure which provide enduring benefit to the Foundation are capitalised as assets if the cost (net of VAT) is more than £500. Expenditure of less than this amount is expensed through the Statement of Financial Activities.
At the end of each reporting period, the residual values and useful lives of assets are reviewed and adjusted if necessary.
## (g) Employee Benefits
- The costs of short-term employee benefits are recognised as a liability and an expense. The costs of any material unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
- (h) Intangible Fixed Assets
- Intangible fixed assets comprise of an online training platform and new website. Intangible fixed assets are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Amortisation is recognised so as to write off the cost or valuation of the assets less their residual values over their useful lives on the following bases:
Online training platform 33.33% p.a. New Website 33.33% p.a.
The capitalisation threshold for intangible fixed assets is £500.
- (i) Gifts in Kind
- Gifts in kind and donated services and facilities are recognised within incoming resources and expenditure at an estimate of the value to the charity of the donated services or goods.
- (j) Impairment of Fixed Assets
At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
- (k) Operating Leases
## (d) Cash and cash equivalents
- Cash and cash equivalents includes cash in hand and current and fixed term deposits with bank, with a maturity date of less than 90 days.
Rentals payable under operating leases are charged to the Statement of Financial Activities as incurred over the term of the lease.
- (l) Publications
## (e) Governance Costs
- Governance costs relate to the direct costs associated with the constitutional and statutory requirements of the Foundation and include the costs of external audit, secretariat and other constitutional related costs.
It is the Foundation’s policy not to include as stock the by-products from projects as the use of these is uncertain. When sales are made they are included in the SOFA on a receipts basis. The costs of the Foundation’s publications and education material are written off in the year in which they are incurred.
**32**
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
## (m) Prizes
Prizes are accounted for when paid.
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
The annual depreciation and amortisation charge for fixed assets are sensitive to change in the estimated useful economic lives and residual value of assets. These are reassessed annually and amended were necessary to reflect current circumstances.
## (n) Pension Scheme Arrangements
- The Foundation provides a percentage of employees’ salaries which is paid into personal pension plans on behalf of employees. The percentage paid ranges from 4% to 12% of basic salary and is accounted for on an accruals basis.
## (o) Funds
Unrestricted Funds – These are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
Designated Funds – These form part of unrestricted funds and represent amounts set aside by the trustees for particular purposes. These funds may be returned to the general unrestricted funds at the trustees’ discretion.
Restricted Funds – These are funds which are to be used for specific purposes as laid down by the donor.
## (p) Foreign Currencies
Transactions in foreign currencies are recognised at the rate of exchange at the date of the transaction. Monetary assets and liabilities are translated into sterling at the exchange rate on the balance sheet date. Exchange differences are recognized through the statement of financial activities.
## (q) Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
With the exceptions of prepayments and deferred income all other debtor and creditor balances are considered to be basic financial instruments under FRS 102. See notes 10 and 11 for the debtor and creditor notes. Other financial assets include investments (note 9) which are initially measured at fair value.
## (r) Critical accounting estimates and areas of judgement
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## (r) Critical accounting estimates and areas of judgement (continued)
- The most significant estimates and assumptions which affect the carrying amount of assets and liabilities in the accounts relate to:
## **2 Voluntary income**
|Donations
Subscriptions
All voluntary income received in 2022 and 2021 is unrestricted income.
**Investment income**
Bank interest
Investment income
All investment income received in 2022 and 2021 is unrestricted income.
**Income from charitable activities**
Projects
Publications|Total
Total
2022
2021
£
£
678,060
576,423
171,851
171,665|
|---|---|
||849,911
748,088|
||Total
Total
2022
2021
£
£
1,176
939
17,256
15,944|
||18,432
16,883|
||Total
Total
2022
2021
£
£
453,010
522,962
31,318
23,281|
||484,328
546,243|
## **3 Investment income**
## **4 Income from charitable activities**
All income from charitable activities received in 2022 and 2021 was unrestricted income.
**34**
**35**
British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
Notes to the Financial Statements for the year ended 31 May 2022
## **5 Total resources expended**
## **5 Total resources expended** _**(continued)**_
**----- Start of picture text -----**
||||||||
|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|Cost of|Cost of|
|raising|Charitable|raising|Charitable|
|funds|activities|funds|activities|2022|2021|
|£|£|£|£|£|£|
|Charitable direct costs|
|Projects|-|39,549|-|-|39,549|50,718|
|Science and Education services|-|3,775|-|-|3,775|14,345|
|Publications|-|75|-|-|75|137|
|Prizes and Awards|-|3,184|-|-|3,184|6,191|
|-|46,583|-|-|46,583|71,391|
|Fundraising direct costs|
|Publications|5,905|-|-|-|5,905|4,019|
|Investment management fees|5,399|-|-|-|5,399|4,648|
|Other fundraising costs|5,788|-|-|-|5,788|2,109|
|17,092|-|-|-|17,092|10,776|
|Support costs|
|Staff costs|55,052|849,116|-|-|904,168|823,419|
|General office costs|9,471|223,546|-|-|233,017|227,115|
|Depreciation|301|7,226|-|-|7,527|6,191|
|Amortisation|587|14,086|-|-|14,673|15,479|
|65,411|1,093,974|-|-|1,159,385|1,072,204|
|Governance costs|
|Salaries and office costs|-|45,241|-|-|45,241|50,211|
|Annual General Meeting|17,957|-|-|-|17,957|2,879|
|Legal and professional|-|33,950|-|-|33,950|40,557|
|Auditor’s fees - current year audit|-|6,764|-|-|6,764|7,800|
|Auditor’s fees - other|-|1,436|-|-|1,436|1,436|
|Committee Expenses|-|6,971|-|-|6,971|19,500|
|17,957|94,362|-|-|112,319|122,383|
|Total resources expended|100,460|1,234,919|-|-|1,335,379|1,276,754|
**----- End of picture text -----**
Support costs are allocated to the cost of raising funds and charitable activities on the basis of staff time. For a breakdown of the prior year comparative please see the next page.
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Unrestricted|Restricted|
|Cost of|Cost of|
|raising|Charitable|raising|Charitable|
|funds|activities|funds|activities|2021|
|£|£|£|£|£|
|Charitable direct costs|
|Projects|-|50,718|-|-|50,718|
|Science and Education services|-|14,345|-|-|14,345|
|Publications|-|137|-|-|137|
|Prizes and Awards|-|6,191|-|-|6,191|
|-|71,391|-|-|71,391|
|Fundraising direct costs|
|Publications|4,019|-|-|-|4,019|
|Investment management fees|4,648|-|-|-|4,648|
|Other fundraising costs|2,109|-|-|-|2,109|
|10,776|-|-|-|10,776|
|Support costs|
|Staff costs|60,163|763,256|-|-|823,419|
|General office costs|9,738|217,377|-|-|227,115|
|Depreciation|248|5,943|-|-|6,191|
|Amortisation|619|14,860|-|-|15,479|
|70,768|1,001,436|-|-|1,072,204|
|Governance costs|
|Salaries and office costs|-|50,211|-|-|50,211|
|Annual General Meeting|2,879|-|-|-|2,879|
|Legal and professional|-|40,557|-|-|40,557|
|Auditor’s fees - current year audit|-|7,800|-|-|7,800|
|Auditor’s fees - other|-|1,436|-|-|1,436|
|Rebranding|-|19,500|-|-|19,500|
|2,879|119,504|-|-|122,383|
|Total resources expended|84,423|1,192,331|-|-|1,276,754|
**----- End of picture text -----**
**36**
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British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
- **6 Staff costs**
|Wages and salaries
Employers NI contributions
Pension costs
Other costs|Total
Total
2022
2021
£
£
769,241
698,539
80,692
69,750
81,305
84,152
10,680
13,444|
|---|---|
||941,918
865,885|
This includes the remuneration of interns of £13,468 (2021: £Nil) and employer’s NI of £1,020 (2021: £Nil).
The average number of persons employed by the Foundation during the the year was 19 (2021: 16). This includes 1 intern (2021:0).
Average headcount expressed as a full time equivalent during the year was 17 (2021: 16).
The number of employees whose emoluments exceeded £60,000 were:
||||2022|2021|
|---|---|---|---|---|
||||No.|No.|
|£60,000|-|£70,000|-|1|
|£70,001
£80,001
£90,001|-
-
-|£80,000
£90,000
£100,000|1
-
-|-
1
1|
Pension contributions to the above individuals amounted to £17,747 (2021: £36,372).
## Trustees and Key Management Personnel
The trustees received remuneration during the year of £Nil (2021: £Nil). During the year 4 (2021: 0) trustees received reimbursement of travel expenses of £1,228 (2021: £Nil).
The charity incurred professional indemnity insurance of £809 during the year (2021: £599).
Key management personnel consist of the Director General / Chief Executive, the Managing Director, the Science Director, the Nutrition Science Manager, the Nutrition Communication Manager and the Education Service Manager. The total employee benefits of the charity’s key management personnel were £473,156 (2021: £518,570).
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
||**7**|**Intangible fxed assets**||||
|---|---|---|---|---|---|
||||Online Training|
New|Total|
||||Platform|Website|2022|
||||£|£|£|
|||Cost||||
|||At 1st June 2021|122,754|22,000|144,754|
|||Additions|-|3,000|3,000|
|||At 31st May 2022|122,754|25,000|147,754|
|||Amortisation||||
|||At 1st June 2021|114,445|-|114,445|
|||Charge for the year|6,339|8,334|14,673|
|||At 31st May 2022|120,784|8,334|129,118|
|||Net Book Value||||
|||At 31st May 2022|1,970|16,666|18,636|
|||At 31st May 2021|8,309|22,000|30,309|
||**8**|**Tangible fxed assets**||||
||||Furniture|Computers||
||||and|and ancilliary|Total|
||||fttings|equipment|2022|
|||Cost|£|£|£|
|||At 1st June 2021
Additions
Disposals|6,332
-
-|27,579
2,170
-|33,911
2,170
-|
|||At 31st May 2022|6,332|29,749|36,081|
|||Depreciation
At 1st June 2021|5,065|17,680|22,745|
|||Charge for the year
Disposals|1,267
-|6,261
-|7,528
-|
|||At 31st May 2022|6,332|23,941|30,273|
|||Net Book Value
At 31st May 2022|-|5,808|5,808|
|||At 31st May 2021|1,267|9,899|11,166|
|||||||
**38**
**39**
British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
Notes to the Financial Statements for the year ended 31 May 2022
||**11**|**Creditors**|||||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||||2022|2021|
||||||||£|£|
|||PAYE & VAT payables|||||63,020|27,803|
|||Accruals and deferred income (note 12)|||||194,148|81,682|
|||Pensions & Other creditors|||||1,693|45,226|
||||||||258,861|154,711|
||**12**|**Deferred Income**|||||||
||||||||Total|Total|
||||||||2022|2021|
||||||||£|£|
|||Deferred income at 1st June|||||41,089|46,407|
|||Project Income received in advance of completion of work|||||111,045|41,089|
|||Amounts released to the accounts|||||(41,089)|(46,407)|
|||Deferred income at 31st May|||||111,045|41,089|
|||Accruals|||||91,435|40,593|
||||||||202,480|81,682|
||**13**|**Restricted Funds**|||||||
||||Balance as||||Transfer|Balance as|
||||at 1st June|Incoming|Outgoing||from/(to)|at 31st May|
||||2021|Resources|Resources||Unrestricted|2022|
||||£|£||£|£|£|
|||A-Level Fd Tech prize|362|-||-|-|362|
|||BNF GCSE Fund|5,958|-||-|-|5,958|
||||6,320|||||6,320|
||||Balance as||||Transfer|Balance as|
||||at 1st June
2020|Incoming
Resources|Outgoing
Resources||from/(to)
Unrestricted|at 31st May
2021|
||||£|£||£|£|£|
|||A-Level Fd Tech prize
BNF GCSE Fund|362
5,958|-
-||-
-|-
-|362
5,958|
||||6,320|||||6,320|
||The|restricted funds consists of prize schemes (A Level Fd Tech prize and BNF GCSE Fund).|||||||
## **9(a) Fixed asset investment**
|The movements during the year were as follows:
Balance at the beginning of the year
Additions at cost
Disposals at open market value
(Proceeds £35,829 (2021 £65,460), gain on disposal £3,343 (2021: £3,147))
Add: Cash balances included in investments
Unrealised (loss) / gain on valuation
Market value as at 31st May 2022
**Analysis of listed investments**
UK Equities
Overseas Equities
Global Fixed Interest
Cash|Total
Total
2022
2021
£
£
660,381
537,095
36,160
113,095
(32,486)
(62,313)
36,904
26,459|
|---|---|
||700,959
614,336|
||(13,073)
72,504|
||687,886
686,840|
||Total
Total
2022
2021
£
£
298,480
250,158
150,748
191,850
201,754
218.373
36,904
26,459|
||687,886
686,840|
## **9(b) Analysis of listed investments**
## **9(c) As at 31 May 2022 no investment represented more than 5% of the total investments portfolio**
- (2021: One Investment respresented more than 5% in Henderson Investment Funds Ltd £37,004)
**----- Start of picture text -----**
Total Total
2022 2021
£ £
Prepayments and accrued income 42,662 74,153
Other debtors 83,736 161,578
126,398 235,731
**----- End of picture text -----**
## **10 Debtors**
**40**
**41**
British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
## **14 Designated Funds**
|Strategic contingency fund
IT Strategic fund
Drummond fund
Strategic contingency fund
IT Strategic fund
Drummond Fund
Healthy Eating Week 2020|Transfer
from/(to)
Balance as
General
Balance as
at 1st June
Incoming
Outgoing Unrestricted at 31st May
2021
Resources
Resources
Funds
2022
£
£
£
£
£
19,663
-
-
-
19,663
20,913
-
(14,672)
-
6,241
171,999
-
(20,672)
-
151,327|
|---|---|
||212,575
-
(35,344)
-
177,231|
||Transfer
from/(to)
Balance as
General
Balance as
at 1st June
Incoming
Outgoing Unrestricted at 31st May
2020
Resources
Resources
Funds
2021
£
£
£
£
£
39,163
-
(19,500)
-
19,663
20,913
-
-
-
20,913
181,190
-
(9,191)
-
171,999
33,032
-
(17,142)
(15,890)
-|
||274,298
-
(45,833)
(15,890)
212,575|
## **Annual Accounts 2021-2022**
Notes to the Financial Statements for the year ended 31 May 2022
|**15 Analysis of Net Assets between funds**
Restricted funds
Note 13
_Unrestricted funds:_
Designated funds
Note 14
General funds
Restricted funds
_Unrestricted funds:_
Designated funds
General funds|Fixed
Current
Total
Assets Investments
Assets
2022
£
£
£
£
-
-
6,320
6,320
-
-
177,231
177,231
24,443
687,886
683,724
1,396,053|
|---|---|
||24,443
687,886
867,275
1,579,604|
||Fixed
Current
Total
Assets Investments
Assets
2021
£
£
£
£
-
-
6,320
6,320
-
-
212,575
212,575
41,475
686,840
625,703
1,354,018|
||41,475
686,840
844,598
1,572,913|
## **16 Taxation**
The entity is a registered charity and does not undertake non-charitable activities and are entitled to tax exemption by the H M Revenue and Customs.
## **17 Capital**
The Strategic contingency fund is for the Director General to access for use on carefully considered projects, such as those that would help the Foundation increase its impact, profile or capacity.The intention is that the fund will be used, when needed, over the next 1-3 years to support the British Nutrition Foundation Business Plan and the new strategy.
The IT Strategic Fund will be used to complete Phase 2 of the external IT work, specifically enhancing the consumer engagement element of the British Nutrition Foundation website (www.nutrition.org.uk). This will continue to be spent in the next financial year (22/23).
The Foundation continues with the management of the Drummond Memorial Fund which will be utilised to extend the reach of current British Nutrition Foundation activities: to support and encourage young people in their career development in nutrition and to add value to our existing work: GCSE and A-Level awards, Internships, nutrition related on-line training etc and profile.
The Foundation is limited by guarantee. In the event of a winding up of the Foundation the members’ liability is restricted to contributing an amount not exceeding £5 each. As at 31st May 2022 there were 46 members (2021: 46 members).
## **18 Operating Leases**
- At the reporting end date the charity had the following future minimum lease payments under non-cancellable operating leases which fall due as follows:
|Within 1 year
1 to 5 years|2022
2021
Land and
Land and
Buildings
Other
Buildings
Other
£
£
£
£
112,372
7,800
112,372
7,800
159,315
13,000
271,687
20,800|
|---|---|
||271,687
20,800
384,059
28,600|
## **19 Related party transactions**
No related party transactions were made during 2022 (2021: £Nil)
**42**
**43**
British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
**----- Start of picture text -----**
Our food environment
plays an important role
in shaping what people
buy and eat, and this is
influenced by what is
available, affordable
and accessible.
**----- End of picture text -----**
## Appendix **Corporate Members**
as of 31 May 2022
## **Sustaining Corporate Members**
Nestlé UK Ltd/ Nestlé Charitable Trust PepsiCo UK Ltd Tate & Lyle plc Tesco plc
Nestlé UK Ltd/ Nestlé National Farmers’ Union Trust Charitable Trust Company Ltd PepsiCo UK Ltd Nestlé Nutrition Tate & Lyle plc Nomad Foods Ltd Tesco plc Pladis Premier Foods **Corporate Members** Quorn (Marlow Foods Ltd) Arla Foods Ltd Slimming World Ltd British Sugar Plc Sodexo Cargill Starbucks Costa Coffee Tata Consumer Products Ferrero The Co-operative Group Plc General Mills UK Flour Millers Greggs Plc Waitrose & Partners Innocent Drinks Ltd Warburtons Ltd Kerry Foods Ltd Weetabix Ltd KP Snacks Limited Whitbread LoSalt Wm Morrison Supermarkets plc Mars UK Ltd Yakult UK Ltd McDonald’s Restaurants Ltd Mitchells & Butlers
_Sustaining members provide a donation to the British Nutrition Foundation for at least three years to support our work focussing on consumer education and engagement with the media, government, schools and health professionals._
Agricultural and Horticulture Development Board (AHDB) Allied Technical Centre (The ABF Grocery Group/Jordans Ryvita) ASDA Stores Ltd
Coca Cola Great Britain and Ireland Danone Ltd
International Flavors & Fragrances Inc. J Sainsbury plc Kellogg Europe Trading Ltd Marks and Spencer plc Mondelez International
**44**
**45**
British Nutrition Foundation **Annual Review 2021-22**
**Annual Review 2021-22** British Nutrition Foundation
## Appendix **Financial Support for Activities in 2021/22**
## as of 31 May 2022
## **Healthy Eating Week 2022**
During the year, the following organisations provided financial support for specific activities:
AB Mauri UK & Ireland
Agriculture & Horticulture Development Board
## **Food – a fact of life**
FDF Action on Fibre
Agriculture & Horticulture Development Board
General Mills
Innocent Drinks Ltd
Marks and Spencer plc
## **A modern paradigm for Food Education**
Quorn Foods Sodexo
All Saints Educational Trust
Tesco
UK Flour Millers Waitrose & Partners
## **Healthy and Sustainable Diets**
Agriculture & Horticulture Development Board
Arla Foods Ltd Co-operative Group Ltd Danone Ltd General Mills Innocent Drinks Ltd J Sainsburys Plc Kellogg Europe Trading Ltd Mars UK Ltd. PepsiCo UK Ltd. Quorn (Marlow Foods Ltd) Sodexo
## **Ultra-Processed Foods**
Agriculture & Horticulture Development Board Allied Technical Centre (The ABF Grocery Group/Jordans Ryvita) Arla Foods Ltd
Coca Cola Great Britain and Ireland General Mills
Kellogg Europe Trading Ltd Kerry Foods Ltd Mars UK Ltd Nomad Foods Ltd PepsiCo UK Ltd Quorn (Marlow Foods Ltd) Tate & Lyle Plc
## Appendix
## **Honorary Members, Governors Emeritus and Committees**
## as of 31 May 2022
## Katherine Clifford
## Barbara Monks
## **Honorary Members**
_Head of Public Affairs, Nestlé UK Ltd_
_Food education consultant_ Prof. Eric Robinson _University of Liverpool_ Prof. Peter Rogers _University of Bristol_ Prof. Tom Sanders _Kings College London_ Prof. David Stensel _University of Loughborough_ Prof. Emma Stevenson _University of Newcastle_ Dr James Stewart _University Hospitals of Leicester_ Laura Street _Marks & Spencer_ Matt Towner _Impact on Urban Health_ Dr Lisa Wilson _Richmond and Wandsworth Councils_
Michael Collyer Anne Heughan Professor Robert S Pickard Professor Brian Wharton
Prof. Kevin Whelan _Professor of Dietetics King’s College London_
Prof. Martin Wiseman _Visiting Professor in Human Nutrition, University of Southampton_
## **Governors Emeritus**
Iain Ferguson CBE Paul Hebblethwaite The Baroness Gloria Hooper Professor Anne de Looy Dr WT Little CBE R McRobert OBE Professor Tom Sanders David A Tate Professor Roger G Whitehead CBE
Kate Platts _Head of Research and Innovation, Westfield Health_
## **Nominations Committee**
Iain Ferguson CBE
_Chair of Council at Cranfield University_ Caroline Drummond _(deceased, May 2022)_
## **Finance, Audit & Risk Committee**
Prof. Christine Williams
_Director, Food Agriculture and Health, University of Reading_
Desiree Irving-Brown, _Trustee (Chair)_ Michael Bond, _Trustee_ Graeme Findlay, _Trustee_ Prof. John Mathers, _Trustee_ David Webster, _Trustee_
Prof. John Mathers
_Professor of Human Nutrition, University of Newcastle (Chair of the Board of Trustees)_
## **Editorial Advisory Board**
Prof. Alison Gallagher _Ulster University, UK (Chair)_
## **HR & Remuneration Committee**
Michael Adams _Campden BRI, UK_ Dr Aisling Aherne _Kerry Group, Ireland_ Dr Margaret Ashwell _Ashwell Associates, UK_ Prof. James Betts _University of Bath, UK_ Prof. John Blundell _University of Leeds, UK_ Dr Brigitte Brands _Ludwig-Maximilians-University of Munich, Germany_
## **Scientific Committee**
Louise Redmond, _Trustee (Chair)_ Alyson Greenhalgh-Ball, _Trustee_ Gill Fine, _Trustee_ Prof. John Mathers, _Trustee_
Barbara Bray MBE _Independent Registered Nutritionist and Food Safety Consultant_
Dr Adrian Brown _University College London_
## **Advisory Committee**
Dr Eirini Dimidi _King’s College London_
Prof. Janet Cade _Professor of Nutritional Epidemiology and Public Health, University of Leeds (Chair)_
Laura Farrell _Tesco_
Nicky Gillet _Allied Bakeries_
Judith Batchelar OBE
_Director, Food Matter International (Vice-Chair)_
Emily Jesper-Mir _Wellcome Trust/Sense about Science_ Dr Kavita Karnick _Tate & Lyle_
Dr Veronique Chachay _University of Queensland, Australia_ Dr Caroline Childs _University of Southampton, UK_
Prof. John Blundell _Chair of Psychobiology University of Leeds_
Dr Gunter Kuhnle _University of Reading_
Prof. Gary Frost _Chair in Nutrition and Dietetics, Imperial College London_ Dr Susan Gatenby _Senior Director, Nutrition Europe, PepsiCo UK Ltd_ Glynis Henderson _Education Consultant_
Dr Laura Fernandez-Celemin _European Food Information Council (EUFIC), Belgium_
Prof. Jennie MacDiarmid _University of Aberdeen_
Prof. Ciarán Forde _Wageningen University & Research, The Netherlands_
Dr Duane Mellor _Aston University_ Prof. Lisa Methven _University of Reading_
Dr Nicholas Fuller _University of Sydney, Australia_
**46**
British Nutrition Foundation **Annual Review 2021-22**
Prof. Marcela González Gross _Universidad Politécnica de Madrid, Spain_ Prof. Bruce Griffin _University of Surrey, UK_ Dr Wendy Hall _King’s College London, UK_ Dr Kirsty Hassall _Rothamsted Research, UK_
Professor Patricia de Fragas Hinnig, _Federal University of Santa Catarina, Brazil_
Rachel Johnson _University of Vermont, USA_ Prof. Orla Kennedy _University of Reading, UK_ Prof. Amelia Lake _Teesside University, UK_ Dr Clare Leonard _Consultant Nutritionist, UK_ Claire Mac Evilly _Airfield Estate, Ireland_ Prof. Christophe Matthys _KU Leuven, Belgium_ Prof. Anne-Marie Minihane _University of East Anglia, UK_ Dr Panagiota Mitrou _World Cancer Research Fund (WCRF) International, UK_
Dr Caoileann Murphy _University College Dublin, Ireland_ Dr Anne Nugent _Queens University Belfast, UK and University College Dublin, Ireland_
Dr Gerda Pot _Louis Bolk Institute, The Netherlands and King’s College London, UK_
Prof. Marie Reid _University of Hull, UK_
Prof. Hettie Schönfeldt _University of Pretoria, South Africa_ Prof. Andrew Sinclair _Deakin University, Australia_ Prof. Joanne Slavin, _Professor University of Minnesota, USA_ Prof. Gregorio Varela-Moreiras _University of San Pablo-CEU, Spain_ Prof. Yingluo Wang _Xi’an Jiaotong University, China_
## **Education Working Groups**
**England**
Louise Attwood _AQA_
Haydn Bettles _St Chad’s CE Primary and Nursery School_
Tracey Goodyere _Birmingham City University_
Anita Hardy _OCR_
Andrew Hartshorn _Finham Park 2_
Zoe Lawrence _Petersfield School_
Kevin McGuinness _Bramhall High School_
Dr Jason O’Rourke _Washingborough Academy_ Ms Susanne Parker-Morris _Worcester University_ Emma Schneider _Manchester University NHS Foundation Trust_
Brianne Turner _PE Specialist_
Elizabeth Tydeman _Public Health England_
## **Northern Ireland**
Lynne Anderson _Wellington College Belfast_ Mairead Davidson _University of Ulster_
Shirley Davidson _Omagh Academy_
Judith Hanvey _Education Authority (Belfast)_ Glynis Henderson _Consultant_
Heather Kettyle _Enniskillen Royal Grammar School_
Amanda McGarry _North Coast Integrated School Coleraine_ Laura McGreevy (née Kelly) _St Columbanus’ College_
Steven Park _University of Ulster_
Hannah Somerville _McKinney Primary School_ Wendy Strain _Antrim Grammar School_ Dorothee Wagner _CCEA_
## **Scotland**
Shirley Beattie _Education Scotland_
Emma Creaney _Carluke High School_
Jen Eddington _Westhill Academy_ Graeme Findlay _Scottish Qualification Authority_
Ann Floyd _HM Inspector of Education_ Elaine Gardiner _University of Strathclyde_
Lara Henderson _St Timothy’s Primary School_ Megan Johnston _Alexandra Parade Primary_
Emma Juskowiak _Strathaven Academy_ Isla Porteous _St Joseph’s College_
## **Wales**
Amy Bergiers _Nantgaredig Primary School_ Allison Candy _Welsh Joint Education Committee_
Mark Campion _Her Majesty’s Inspector of Education and Training in Wales_
Sue Carbis _Cardiff Council_
Lloyd Henry _Ysgol Gyfun Gwyr_ Mike Lewis _Gowerton Comprehensive_
Nerys Lloyd _Pen Y Cwm Special School_ Kathryn Mallows _Cowbridge Comprehensive School_ Jo Nicholls _Aberdare Community School_ Matt Penny _Monmouth Comprehensive School_
Meg Taylor _Ysgol Calon Cymru_ Nia Rees Williams _Conwy County Borough Council_
This year marked the 30th Anniversary of _Food, a Fact of Life_ , our free online programme of teaching guidance and curriculum-compliant resources for schools.
British Nutrition Foundation **Annual Review 2019-20**
**British Nutrition Foundation** New Derwent House 68-73 Theobalds Road London WC1X 8TA
**Telephon** e +44 (0) 20 7557 7930 **Email** postbox@nutrition.org.uk
Company registered number: 00898651 Registered charity number England and Wales: 251681 Registered charity number Scotland: SC040061 Publication date: November 2022
**www.nutrition.org.uk www.foodafactoflife.org.uk**
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