CHARITY REGISTRATION NUMBER: 253608 The Combustlon Englneerlng Association Unaudited Financial Statements 31 December 2024 CARSTON ETL Chartered accountants 1st Floor, Tudor House 16 Cathedral Road Cardiff CF119LJ
The Combustion Englneering Assoclatlon Flnanclal Statements Year and•d 31 Decgmber 2024 Pago Trustees, annual report Independent examinerfs report to the trustees StateThnt of financial activths ststement of financial posits'on Ststement of cash fknys Notes to the financial statements The followlng pagos do not form part of the financlal 8tstsm•nts Detailed statement of financial activities 18 Notes to the detailed statement of financial adivitie8 19
Pag• 1 The Combustlon Enginearing Assoclation Trus. Annual Report Year ended 31 December 2024 Th? trustees presentthoir repxt arnl th8 unaudited financial ststernts oftho d)8rity forthe yeafended 31 December 2024, whh have been pPared in accordance with the Financaal Reporting standard8 applbS in the UK a1 Repubk of Ireland {FRS102). REFERENCE AND ADMINISTRAnvE DEfAILS R•gl8torod chArlty n•m• The C¢xnbu81ion EngIrIng AsxKithn Chaflty rngl•tr•tlon numb•r 253808 Prlntlp•l offlc• NETPa Thomas Vkn'ght Vthy sedg8rId Co. rThOM TS213FO Th• tTU•tM• Mr M.Ca8ty S. KulNJThski MrA. Rhodes Mr M.J. IAÈIt Apwntsd 14th Mar¢h 2024 Reslqned 14th Mar¢h 2024 ReSned 14th March 2024 Ind•p•nd•nt •x•mln•r Faana Ahm8d ACCA 1st Ftoor, TLthr House 16 Cathedral Road Cardrfr CF119LJ OBJECTIVES AND ACTtVlTIE8 Thè Iruslees confirm that they have referred to the gupJance contained in the Charity Commi8$h)n'8 general guidanc6 on public b•n8fft when rgvi8•vin9 Th& Cc4nbu8tion Enginogring As6ociation'8 aim8 and objeth'ves and in planning future activ.e8. The A880ciation was founded in 1933 and the main obJo¢tNg of tho A8¥ooabon COntsnL to be Ihe provision of 8 service for the publ dissemination of kntr+vge of Combustion &ngine6ring and officlency in the utilisatn of energy and assc¢iated Infofmatkjn. This is achieved by holding Regional Technical meebngs, corrferen¥ in the U.K. training couTres and tho provision of lechnul infomialion and gUanCe to members and other interested wties. In 2004105 the Association Instated a qualification in the oper8tKsn of industrial boiler plant I'BOAS'I jointty wlh the HSE and the Carbon Tfust. the syllabus covars both h&alth and Safety and energy ¢fficign¢y prin¢iplgs. This is recognised on a natnal tevel and there are several approved training centres operated in the private sector: BOAS is now a signian1 part of CEA actmty aceounting for 75.6% of income. Gutdan¢e ¢Jxuments have been (xe*ed and publisheil to help eduth industy in the safe and efficient use of steam and heating plant.. these are ¢alled the Boiler Guidan18G_ J Series. There are ¢urrenlty 10 documents in the 8efig8. Launched in 2016, the Industrial Gas Accreditatit Scheme {la4S) offers a route to demon#tTating compelence when working on gas in the tr)duStri environmenL
P•g• 2 The Combustion Englneering Assoclatlon Tntstees. Annual Report Year end•d 31 December 2024 Oblectlv•s and actlvftle• I-GAS provides lormal training and xcredrlalion specrkamy deSIgj for maintsnance staff and techn18$ workn.ng with gas in industrol premises. The 'lndu8trial G88 Ar¢drtal10n Scheme" (lS) offern 4 diiferent a¢creditstw)ns.' Gas Safety Awarene8$ Gas Pipework Technlan Gas Combustion Engineer Gas System Management CEA MIMlon CEA 8¢ek$ to impm the under8tsndlng and dov8b)wwit of tho COnu8t10 Industry through the provision of a 8eNice for the publK dis8emin8ts.cn of kn1Th¥198 of combu•tlon •ngln••rfng and OffencY in the utslmtion of onorgy 8fKI a80(4•W inf0mlon. CEA 18 working wth member8, Manu1rer5. suppliers. contra¢ors and in the UK c£mbu8tion and 8ngin8ering industy- Standard8 and bJi8lation Assisting the fom)ulatlon and dekMOnt of 8rFll8h Midu8tr18l •tandard8 or Directives ond 8upp)rts'ng Govemment poliw meking where appropriate. Advisory Governmentldepartments on indu8ty relgted iB8u¢8 arKI matters. Such as the Oefra CombuStn Research Project Con8ultalion Regutar liawi 8nd r8¢0gnibon'. with UK bod such 88 D•fr8, 8EIS. Brib'sh Standard8, Health & Safety Executive and the Enwronment Agenc on 811 a8pects of the industy, wh¢re 8ppropnale. Coopgration th dmilar a01&t)no and trado btsdi•o and j¢int w¢¥king porlw on indi* relot•d topic where thr¥ aligns with the obiectNes of the Associations. sLh as the Steering Group for PAS 4445- Hydrogen firin9 and hydrogen aver810n for large gas•firgd equMent. Edu¢atlon IAbrking with and beiryJ the h'nk to UK unr¥Yrwtss, re80•r¢h establishmerts and students on combustion engineering, where approprth. Training Facilrtaling training and assessmgnt for gas professicls. ller operators and managern. Atso, those people working in industy on a raryJe offuels for bumer eqUMent.
Pago 3 The Combustlon Engineerlng Association Tntees. Annual RepOrt(Cthdj Year •nded 31 December 2024 ACHIEVEMENTS AND PERFORIAANCE The process of tran8itK)n to CIO has ¢ontinued. tt is an objeCtr of the Truste6s to complete the transition in 2025. A fum rgviow and update to th6 Leaming Outcomes for BOASICAT 1,2,3. and 5} ho8 been c4thed out to incorpornl8 chang88 in lslI0n. New exams are Yt preparation. A Working Group has been set up to develop 80AS CAT 7 - Thennal FIUKI Systems. The development and impl¢m¢ntskn'on of a be8pLe sofhyare platft>rm for the adminislfation of Training Schem88 18 underway and is expected to be running by October. It k8 a cloud4Ja8ed $ystsm that ombines the process of Tequesting training courses. alkxab'ng asGessor8, and exchanging paperwork. It 8treamline the BOAS proco88 lUcIn9 email traffiq inprovwN VIB1.1, and minimrding certification 18ad time for eandidates. clferenCeS and events are planned for18ter in the year incjuding iG88 AWA and a 8tsgm 8waronos0. FINANCIAL REVIEW AJI fvnd8 arn unre8tricl•d for g8ner81 u68 by th8 tharity. Inm is pr•dominantty T8i88d from the charrtabla actiVrt& of the orn130t10n, nam•ty' memberships. Conferen fe88 and certrfication fe98. In 2024, income exceeded expenditure by £11.43612023 8xp6nditure 8xc8&ded incom0 by £200.468), results'ng in an increase in genéral rnseTh8812023 dacroa8é1. In¥Mtm•nt pow•rn and r••trfctlo 1118 the poli of the As8¢xlon that all surplu$ funds not immadiatsty roquir•d aro invo8ted In bank deposit8, prfmarily de8bgnal¢d Charits8 OffiGl Inve8tmenl Funds. RMobvM Pollcy Tho Association perfo6 a varw of wojects on behalfof ts rnembern. In examinlng the nature of Ihe projects and the re80urG8s needed lo complete that work, il is the polry of the A880cialion lo hold sutficKnt ea8h r6séNg$ equivalgnt to the red costs of running the Association for a pgriod of SIX months. Al th• yearthended 31 December 2024, the chanty held res•rvg$ of £265,298 {2023 £253,862), which 1$ enough to cover six months expenditurn at the current level. Free reserv88 are £262,76612023 £249.5671. St•t•m•m CEA prides itsell on rts status 88 an 9¢at1 charrty and $lJivos to ensure this aim ra ahvays maintainod 88 the predominant faclor among8t the varied 8CtNibe8 undertsken. CEAcan justty daim to have increased the knthedge of many thou¥8nds of individu818, group$ 8ector8 over many ye8rs by the fomial and infc¥maltraining and &lucalv)nal events. publKation8 and wide acL¥88 toaccumulaled knowledge. The Trustees of CEA give of Iheir time freety to cary out the nomwl duties of a Truste&. under nomial rm318n5 no remunerab'on or expenses are paky to the Trustees during the year. CEAhave paid certain out ofF&t expensos for WKINvJual membgTrwho are not thanUal supported by their respective empknyar for CEA acvity when hety'ng the CEA in its kny)als and ambitions to fulfil its Missn. PLANS FOR FUTURE PERIODS A renthved fctus on understar1ng and delr4enng greatef benefit to the members of the A880uation. Compktion of the transition to a CIO. A review of the g¢)veman¢e of the As*Kiation to faolilate faster. more robu& decY6ion making.
Pag• 4 The Combustlon Engineering Associatlon Tte8s, Annual Report I1 Year ended 31 December 2024 STRUCTURE. GOVERNANCE AND IIANAGEMENT The Ass¢xialion is a registered thanty, number 253608, and is govemad under the t&m8 of it8 writt•n Constitution. 11 was registered with the Charity CommL8$w on 19th September 1967. CEA ha6 the major rks to wthl¢h rt ig ex&$ and has ¢st)lthed systems to mitsgate t?89 risks. The CEA 18 currenty an Unrwporate(I Charity but has. xi 2021. athjgd and submitted to the Charity Ccfflmission Clause 17 to th8 C0nstrtutn, to enable rt to have the powers to Mrate to a Charitab INrpOrated Organiwng (CIO). ThKs process is being guided by a Lonth)n based cx)mpany ¢alled lake 8eH. and CEA WIN make tran$ttL a CIO. Thé constitution dtht•s that the Charty is by a COU11 of rn more than 25 and no less than 10 Mem13 and a88caate8. These are appointed at thè AGM. The Counul appoints from among Itsèlf Chainnan. a Tre88urer and thffje Vke<haimien. 8ubje¢t to tho wlo$ tspeaf In the Consthulion rogarding te8 of office. IM118t onty thrne mombors of CourKil arg ned i)n the Charity conmin,$ Wobsito, for thg CEA'S affairsto the Charrty CommisSn. undef general law, all Cwncil members are deemed to be re8pon81bie in 8n unineorporal¢d a¥sociatwJn and Iher8for8 have tharity tru¥t¢e dub.es to compty with. Thls 18 of ¢our8e one of the driver8 for tho proposed inc4xporntr.on of the CEA as 8 CIO. Aulhorty lo act on beh8M of the couwl wa8 pa8sed to thg General Purpo898 Committèo in April 2024 Thi8 ¢ompttse6 fv• Council members. the chainnan. troasur•r. thro& v& chairman. The GPC is comprised of professnal& Irom a diverse range of HVAC companies. These individua18 bring senior-Ve1 6xpertw and g weallh of experierKe. ensuring the organL8alion rem8in8 robust as il enters 118 92nd y80r. D8y-tW fflan8gemont lios with the 9gneral nager and ary othw Mamr of 8taff dogm appropr1818 lor the ch8rty. Th•8• ar• apFolnled by the Counc. Repulats'onal ri$k and tsIn1ng the As$o¢iation'$ rwutation 18 pafamount Due to the diverse nature of our activits'es this risk relates lo the qualty of the training, assessment and adv. To mrtigale this we havè clear pOIleS. procedures and a robust syslèrn ot g¢Mmane• with •xpa¥ts in th• combustion fiald end quality 888ur9ncaudil In order to wlh its conStitional risk. the A86watKJn musl coms with a rnnge of legal and regulatory requirements including chanty law, data protecti, fvndr8ising ¥tand8rds, he8tth and safgty arKI safeguarding. To mrtig8le the¥9 risks the A850eiats)n has robust and embedded prcwJses and licies, whth are complemented by regular al both council and exec committ98 mgetings. The oryJanisation is entty undergoing a change in rts constrtuth)n to beccmw a CIO Charity (Charitable Incorporated 0ryanis8lnI to en8ure its ccffltinLl complkgnc within thg l•¥ for operation of ¢harit$ non•rofrt organtion$ 21 Oclober 2025 The trustees, annu81 rep1 VAS aA)roved on ....... . .. and $vJned on behaff of the lrd of trustees by.. Mr M. Casey Trustee Ms S. KulvJowski Trustee
Pago S The Combustion Englneering Association Indop•ndent Examlnerfs Report to the Trnstee3 of The Combustlon Engineerfng Association Year ended 31 December 2024 I report to the trustees on ry gxamn*N)n of the thancial 8tatements of T1 coMk8tK)n Engineering AssocKIts'on {Yhe charity,) for tha year WKled 31 D8c8mbgT 2024. which are Sot out on pages 6 to 16. RoBponslblllll•8 and b#1¥ of r•port As the charity'8 tntse$ you we re8porffjible for the preparntion of the financial statem8ntB In accordance wth the requirnmnts ofth8 Chanbes Act 2011 {1hg Arti. I rep)rt in resp¢¢l of my examination of the charty8 Ilnancial ststements carried out under 8eclion 145 of the 2011 Act and in carrying out my examination I have all the applicablé 'reCtIon• oiv•n by the Charty Commission uThJer seL#ion 145{5}Ib) of the Acl. Indop•nd•nt •x•mln•f• •lat•m•nt Since the charity's gross income exe4eded £250.000 y¢yJr examinar must be a Mefflr of e body listed in section 145 of the 2011 Act. I confimi that l am quaIrfd to undertake th8 8xamination becaus9 l am momber of Assoctation of Chartered Certlfied Ac£ountsrts IACCA), whth is one of the listed bodies. I have completed my èxamination. I confirm tho1 no material matters have come lo my attention in connectson with tha 8xamination giving me Cause lo believe thal in any matenal respect. acuuntlng ra¢oTds were not kept in re8pect of tho charty aj relwirod by 8ection 130 of the Act.. or the fin8nrial 8tst•ments do t accord with thoae reo)rds,' or th• finanual statements do not compty with the applkable requirements conc8ming the fom and eont8nl of ac¢ounts sel OLrt in the Char.85 {Accounts and Reportsl RegulatKJns 2008 other than any requiremènt that thè a¢Unts givè a'tru• and fairf vi•w which li not a matter consid8rod as part of an independent examination. I h8ve no conc?rns and have come across no othèr matters in connection with the èxamlnation lo whi¢h 8ttenlion should be drawn in this rnport in ordar to anablo a Proper understanding of tho accounts lo be reached. Ccwk(yYv ETL Farzana Ahmed ACCA Independent Examiner Carslon ETL 1¥t Floor, Tudor House 16 Cathedr81 Road Cardrfr CF119LJ Dale.. 22 October 2025
Pago 6 The Combustlon Engineering Association Statoment of Flnanclal Actlvltles Year ended 31 December 2024 2024 UnrestrKted nd6 Totsl funth Totsl funds 2023 Incomé and endowm•nts charitab activit*s Investment income Other income 641.228 841,228 9.384 126 614,956 9,594 31 125 Total Incom• 650.737 6SO,737 624,581 Expondlturo Expenditure on charitae activibo8 Tot•1 •xp•ndltur• 78 (639.301) 1639,301) 1825.0491 (639.301) 1639,301) 1825,0491 N•t Incom•ll•xp•ndftur•l and n•t mov•mont In lund• 11.436 11,436 (200,4681 Roconclllatlon of fund• Tot81 funds brought foThvard Tol•l fund• carrl•d fonvard 253.862 253,862 265,298 454,330 253,862 265.298 The 8talam6nl of financial actmties indudes al gains and b88es recogni8ed in tho year. AJI Income and expenditure defsve from continuing 8ctivttie8. I movements ar• in unr•8tricted funds.
P•gè 7 The Combustlon Engineering Association Statement of Flnanclal Posftlon 31 Docember 2024 2024 2023 Flxod a••ot• Tangible fed assets 14 1531 4.295 Curr•nt a88•ts Debtors Cash at bank and in hand 97,669 121,101 297,491 334.467 418.592 Cr•dltow•: amounts famlng du• T*lthin on• y••r N•t currnnt a8Mts 16 171,71JO) (169,025} 249.&87 282.767 265,298 285,298 Total aM•ts l••• curr•fit Ilabllltl 253,862 Net a•••ts 253.882 Fund• of th• charty Unrestricted fvnd$ 283.298 253.882 Total charlty fvnd• 18 286.298 253,862 Thesefin8nci81 statements were approved by tho bcArd of tru•tee8 and authori8ed for i68u• on ?! October 2025, and ar• signed on beharf of the t¥)ard by 3K+ Mr M Casey Trus1•• Ms S KulvJowthi Tfu$t•o Th• nots• t)n p40• 9 to 18 forni rt ofth••• finan¢l•l •t•lmnt&
Pag• 8 The Combustlon Engineerlng Associatlon Statorn•nt of Cash Flows Year ended 31 December 2024 2024 2023 Ch flows from operatlng actlvlllo8 Nel incc¥nellexpenditure) 1200,4881 Adjustments tr. Depr8ciats"on of tangib fixed as88ts Other interest TeCeNats and similar income Aecru¢d Iincomellexpenses 1.764 (9,384) {74,751) 1,479 (9,5941 97.080 Chanw In.. Trade and other debtor8 Tradè and other creditors 46,169 (22.574) (48,360 15.2041 20,345 (,362) Cash generated from oper81th8 Interest received 112,2331 {60,683) 9,337 Net C88h u8ed in opgrating athit (87,0251 Cmh flow• from Inv••tlno •¢tlvltl•• Purcha88 of tsngibb 888et8 Net ca8h u$8d in Investlng xbvit {3,274} 13.2741 N•t d•croa•o In ¢a•h and ¢••h •qulv•l•nt• Ca•h and ca•h •qulv•lonts at b•glnnlng of ymr Ca•h and ca•h equlv•l•nts at Md oly•ar (80,583) 297.491 {90.299) 387,790 236.908 297,491
Page g The Combustion Engineerlng Associatlon Notes to the Financlal Statements Y•ar ended 31 December 2024 Gon•ral Informatlon The charity a public benefft entity and a regtstered charity In England and Wales and Is unincorporatad. The address of the principai t)ffKe LS NEfpark. Thoma8 Wright Way, Sedgefi81d, Co. Durham, TS213FD. I PJtatsm•nt of compllanc• These financial Staterrts have been preparnd in comranCe with FRS 102. The Fln8n¢lal Reporting Standard ¥ICable in the UK and the Reput4K of IrèLqnd'. the Ststement of RttommerKled Pract applicable tt> eharrtw prgparing thw"r accounts ir accordan¢e with th• Financial Reporting Stsndard applvbfe in the UK and RepU1C of Ireknd {FRS 1021 (Charities SORP {FRS 102}l and the Charities Act 2011. Acc¢)untlng polkl•• Ba•1• of pr•paratlon The financ91 slalements have been prepared on the histortal ¢ost ba¥. The financial Statemets are prepared in 6tsrling. which is the func"onal currency of the entity. Golng conc•rn After making reasonable 6nquiri88 and having con8id8rnd tho impact of v8riou8 Qther factors on tha finanaal performance of the charity and its current position, the tru8tO¢8 balw9 Ihg ¢harlty will bg able lo conbnue to fvKIl rt$ charitable purp058. will be able to meet ris liabilitie8 os they fall due arKI will have adequaté resource¥ lo conts'nue In operational •xt51ence for the forese8ablè future. Accordingty, the trustees continue to adopt the going concem ba8is in preparing the financial $tOtomonts. Judg•m•nt• and k•y •ourc•• of ••dmatlon unc•rtalnty The prep8r8tion of the financial statemènts require¥ managèmgnt to make judgemerrts, estimal•s and a88umption8 that affect the amounts rerted. These estimates and judgements are CntInuallY rtsviewed and are based on experience and other factors. including expectstion$ of fulure events that are believed lo be reasonable under the circumstances. K•y sou$8 of lImtk)n une•rt&inty Accounting e8timate8 and aysumptsons are made (>)nMIng the future and, by their nature, will rarely equal the relgted actu81 outcome. The key a83umption8 ar+d othw 80urce3 of estimation uncertainty that have a signffieant risk of causing a matend adjustment to the carrying 8mounts of assets and liabilities within the next financial yow af8 a6 follow8." Depreciation - Management estmale the u8eful Ives of a88ats and the expected vae and depreCIatn rates are gel rdln9ty. For•lgn curr•nclo• Foreign currency transactions are initialty re03rded in the fvnctional currency. by aFplying the spot exchange rate as at the date of the transactn. Monetary assets and habililies denominated In foreign currencie8 are translated at the exchange rale ruling at Ihe reFts1ing dalè. wrth any gains or1086es being taken to the statoment of financial actwibos. Fund •ccountlng General funds are unrestricted furKls that are available for use at the discretion of the trustees in rtheran of the general 0e¢Ve$ of the thanty and that have not been designated for other purpose8.
Pag• 10 The Combustion Englneering A8soclatlon Notss to the Flnanclal Statements fc41nthu•dJ Year ended 31 December 2024 A¢¢ounlinq pollclw (¢thU Incomo All income h8 induded in the slatement of financ1 actNitw when entitlement ha8 passed lo the charity. rt is probabfe that the economic beneffts 8880cthd with the transgction will to the charity and the amount can reliably measured. The followng w11c8 are appliad to particular categories of income.. Income from donatn$ or grants re¢oJni¥ed when ther8 18 ewdenc¢ of entitment to the grft. re¢6ipl B probab and ts amount eAn be Measur Trliably. membership and subscrfption income L8 recogn1 by r•forenc8 to the p8rth to whl¢h It relates. Thi$ is usually in line with the accounting period. irtcome ftom charllaL4• ad]vil¥. such as oyrfe, 18 recognl8ed WI Ir)volud and the event ijccurs within the pgrfvjd. IPJhere irw0 are raed for an ovant after the accountin9 period, the incona will bè dafOrj. interest on funds held on deposit ig Includ when re¢eiv) and the amunt can be mea8ured reliaw by the ¢h•rty,' thw 18 nomHHy upon notrfKalIc of the intere8t paid or payable by the bank. Exp•ndltur• E¥ponditur• 18 recognM8d on an rual8 b88is a8 8 li8bilty i• inrred. Expandituro indud88 any VAT which cannot bg fLtIty recovered, and 18 classrfd under hoadings of the statement of finan¢i81 act1vil$ b whith it relates." 6xpènditure on charitablg aciNilies indudes all costs incurr&J by a charity in undertaking adivilies that further its charrtable aim8 for the benèfrt of its bOnaflaTi8$. in¢luding th068 support costs and ¢t8 r•loting to th• g¢)V•Man of th• ¢harity apportioned to charitable actwits. other 8xp8ndiluTe includes 811 expenditure that n8har rèlated lo ra18ing fvnd8 for the charity nor part of ils expendilure on charilabk8 activitK88. All alk)&7 io expBndliun¥ of Ihe resou1. Dliect >$1& attn"bul8bb to a single activity ar8 alkxaled directfy to that actNrty. Sharod cjjsts arg aPPOrtiongd betsveen the acbvrtg thoy conlit>ut• to on a r•asonabl•, IustrfbIo and consistent ba818. T•nglbl• M••l• Tangible assets are inkn'alty recorrled at cost Subsoquenty slated atcost loss any accumulated d$preCtr.0n and bmwmwnt k)$885. D•pr•cl•tlon DepreatIon is cakuiated as to wrile off the cs)st or valuation ofan asset. it8 resldual valu6. ovei the useful economic lrfe of that asset a$ follows.. Equipment. fixtures & ffttings Presidents Medal IAÈbsite 25% straight ne fvlty depTeciabJ 25% straight kne
Pag• 11 The Combustion Englnaering Assoclatlon Notes to the Flnan¢ial Statements (c4X Year ended 31 Decembar 2024 Accounllng poll¢h8 (¢th•? Flnanclal Instrum•nts A financial asset or a financ1 liabifty rncogni8ed onty Thtben the ertdy bgcome8 a party to the conlraclual provksKins of the in8trument. Bas financial instruments are inialty r&xJgni#Èd at am¢yJnt r8ceivable or pay8ble inchjding any related transaction costs. unless th8 arrangement con8trtutes a financing transact. wher8 it is recognised al the we8ent val of the fure p8ymenl¥ dis(y)unted at a markel ral& of inlerg8t for a 5imiFar debt instrument Current assets and current 1k?bil are Subtaquenty measured tth6cash or oth¢r¢on6id•ratson expected to bo pawj or receried and not drscounted. D•ffln•d ¢ontrlbutk4n plan• Contributh)n8 to dofined contrl)utknn phns are rec4Jgni88d as an e>pen8e In the pe in which the related Service is wovmled. Prepahy ¢onlribulKns are recognised 88 an 0$8Ot to the oxtonl that the prepgymenl willlgad lo a reduction in futu payments or a cash refund. T•m)In•tlon b•n•fft• Temiin8tion benefts are recogni6 88 an exp8n¥e in IncLTh or eyndiluro immediatety. Termination bènefrt$ aro reccgnised as 8 liability arKI ¢xpen¥g onty when the company is demonstrably commthed either lo terminate the emF4oymenl of an employee or group of employees before the nomlal reliremenl or to provKle temiinab.on benefits as 8 su of an offer made in order lo encourage voluntary redundancy. D•btor• Tr8d8 and other debtor8 are recognised at the nI due after any adjustments are made lor debts. PrepayThnl$ara valued Sttha amount wepakdwlth roferenc totho par tha payment relates lo. Ca•h at b•nk •nd In hand Cash al bank and in hand Indudes eAsh and short temi hlghly l•]uKI deposit aUftts. Cr•dltorn and provl•lo Creditors and provisions are re¢xgnised where the charity has a pr88enl oblvaalion re8ulting from a past event that will Wob8 resLtIt in tha transfer of funds lo a third paty and the amount due to settle the obbgalion can be rrSured or estimated reliabty.
Pag• 12 The Combustion Englneering Association Notes to the Flnanclal Statsments Year ended 31 December 2024 Charltable actlvlti Unrestrthd Total Funds UnrestrKted Tcrt81 Funds Funds 2024 Funds 2W23 Membern sub8¢n'ptions arKI conlributKJns BOAS incoms Seminar8, confwoncos, f4ents and training TPNCPDn4KWsBv income BG_ guides income 67,n2 492.197 67.722 492,197 76,540 383.003 76,540 383,003 14,690 42.200 24.419 14.690 42,200 A19 9,942 113,714 31,757 9,942 113,714 31.757 641,228 641.228 614,956 814,956 Inv••tm•nt Incom• unrestric Tot•1 Fund8 Unrestricted Total Fur8 Fund$ 2024 Fundg 2023 Bank interest recervable 9,594 9,594 Oth•r Incom• Unrestrlcled Tolal Fund• Unre8tri¢tsd Total Funds Funds 2024 Fund$ 2023 Other income 125 126 31 31 Exp•ndlturn on ch•rttbl• aetfvltl•• by fund typ• Unro$trthd Total Fund• Unreslri¢ted Totsl Funds Fund¥ 2024 Funds 2023 Provisn of kntrwledge & infomiats'on Support costs 574.914 635.907 635.907 84,387 189,142 189,142 639,301 639.301 825,049 825,049 Includéd wlthin oxpenditure on chorltable 8cbwbe8 in the prk)r yoar was £107.672 rel8led to legal costs assock91ed with intemal charity matters and di8PUtes, u8 £97,038 of co8t8 incurred in settlement. The tru8ts08 aro sotisfi tho mattw IB ntyw ¢orKJuded and thoro aro no furthgr asswaled costs. 574.914 8. Exp•ndlluro on charl1•tA• actlvltlo• by athlty typo Activities underten directy Surw1 ToL*l funds Total fund 2024 2023 Provision of knortIe arHI infomiation Governano cosls 574.914 6,913 57.474 581.827 57.474 642.339 182.710 574.914 64.387 639.301 825,049
Pago 13 The Combustlon Engineering Assoclatlon Notes to the Flnancial Stat•ments Year ended 31 December 2024 An•ty$l• of 8UPPOrt co•t8 Anatysis of 8IIPFQrt O)8ts for tharrtle tivty T¢)tal 2024 Total 2023 General office Fin8rbce costs Govemanco 5.740 1,173 57.474 6,740 1.173 57,474 64,387 3.988 2.446 182.710 64.387 189,142 10. N•t Incoml•xp•nd1tUr•) N6t incomellexpondrture) ts statsd after L•n•ng1{tThJiting)'. 2024 2023 Depreciation of tanglblo fixed 8880ts For8ign exchange drfference8 1.764 142 1.479 69 11. Ind•p•nd•nt •xamlnatlon fM• 2024 2023 Fees payable to thé indynd•nl •xamln8r for Indèpendènt wmln8tion of ts flnandal StAtthrnl¥ 2.000 2,200 12. Staff ¢o•ts The total staff costs and emthee tonefrts for tho rowling period are anaSed a8 follows., 2024 2023 W8gès and salarie$ Social security costs Empknyer contributions to psn plan8 139.931 8.834 2.486 151,251 270,824 17899 3,552 292,075 Induded within staff costs in tho wory•ar is £95,112 related to temiination payments, whkh were paid in the current ygar, but rgcorded as an expense in the prior year acwjnts in 8ccordance with the actsJuntin9 policy detailed in note 3, wrth further detail in note 7. The average head count of employees during the year wa$ 512023.. 5). The averny number of fvlkts.me eqUNalenl employee¥ dunng the year is analysed as follvws.. 2024 No. 2023 No. Number of staff - admin Number of8taff - managwnent
Pag• 14 The Combustion Englneering Associatlon Notos to the Flnancial Statements (¢tyJthu•dJ Year onded 31 December 2024 11 Staff ¢08ts (¢ The number of empbyees who8e remuneralion for the yearfel within the folkAving bands, were.. 2024 2023 No. £70.OCKI to £79.999 £120,000 to£129,999 K•y Man*g•m•nt Pernonn•l Key management personnel inctude all persons that have authority and responsibilty for planning. direth'ng and controNing the Kthities of the chanty. The totsl compen8ation paid lo key monagement per80nnel for 80p4k prOVv to the dlarity wa8 £41.709 {2023.' £122,979). 13. Tru•lM rnmun•rntlon and •xp•nM• During the year £6,701 was PaKI lo Deep W181er Blue Limrted. of whth one of the trustee8. Michael Ca80y, 1$ a director. forwork relating to training couts8812023 £nil). No expenses were paid {2023 £nil). 14. T•nglbl• Ilx•d a•••ts Fre8. ffttings & office equp Equlpment Web8itè Total At 1 J4nuary 2024 and 31 D•c•rnb•r 2024 12,163 699 10,291 23,1S3 D•pr•cl•tloTr At 1 January 2024 Chae for the year Al 31 Doc•mb•r 2024 7.870 1,764 698 10.290 18,858 1,764 20.622 10.290 C•rylng amount At 31 Docombor2024 2,531 4.295 At 31 December 2023 4,293 16. D•btorn 2024 2023 Trade debtors Propayments and accrued income Other debtors 71.06r 24,789 1,703 112,275 7,656 1,170 121,101 97.569
Page 15 The Combustlon Engineerlng Association Notes to the Flnanclal Statements Year ended 31 December 2024 16. Cr•ditorn: amounts faNing due wlthln on• y•ar 2024 2023 Trnde creditor8 A¢¢ruals and deferred in¢crfn8 Soch8188curity and other taxe8 Othor ¢rethtors 1.083 40.101 29,984 632 15,284 114,852 28,674 10.215 71,71)0 169,025 17. Pen8lon8 and oth•r po•trf•tlr•m•nt bw•fh• D•fiMd contrlbutlon pl•n• The amount recogni8gd in incL¥ or eywditure 88 an expen88 In relation to dnd contributvjn plans was £2,488 {2023. £3.5521. 18. Anaty•S• of ¢harlt4bl• fund• Unr08tr1ct•d fund• A131 D•¢•mb•r 2024 JanUY 2024 In¢om Expenditure Gon•ral lunds 650,737 (639,301) 266,298 A131 Do¢¢mb•r 2023 January 2023 Ints)mo Expanditur• G•n•ral fvnds 454.330 624.581 {825,0491 253,862 19. An•ry81• Of n•t fund• Unrestittod Totsl Fund¥ Funds 2024 Tangible a88ets Current as¥ets Creditors1886 than 1 year Not a•••ts 2.531 2.531 334.467 334,467 {71,700) (71.7001 265,428 266.428 Unrestricted Total Fund8 Funds 2023 Tangible fixed assets Current assets Creditors $5 than 1 year N•t as8•ts 4,295 4,295 418,592 418,S92 1169,025) 1169,0251 253,862 253.862
Pago 16 The Combustion Engineering Association Notss to the Flnancial Statements Year endod 31 December 2024 20. Anaty¥lB of chang8• In n•t d•bt At 1 Jan 2024 Cayh IlcAvs 31 2024 Ca6h at bsnk and in h8nd 297.491 {60,583) 236.908 21. R•lat•d rtI During the year, £6.701 was paid to Deep Il*ler 8•. a ctyipany ofwhKh a trustee is a director. for training Urse costs12023 £n.
Page 17 The Combustion Englneering Assoclatlon Management Infomiatlon Year ended 31 December 2024 Th• follwAng do not fomi p•rt of th• fln•n¢lal •l*t•m•nts.
Pag• 18 The Combustion Engineerlng Associatlon Detalled Statement of Flnanclal A¢tivitles Year ended 31 December 2024 2024 2023 Income and and0n•ts CharStabl• actlvitlos Members subscriptions al c£TIbutiO BOAS income Seminar3, conferencos, evènts and training TPIMCPDn-GASISBwf income BG guides income 67.722 492.197 14,690 42.200 24,419 641,228 76.540 383,cwJ3 9,942 113,714 31,757 814,958 Invo¥tmont Income Bank interest reGeNabk8 9.594 othor Incom• Other income 128 31 Total Incom• 660.737 824.581 Exp•ndltur• Expondlturn on ¢h8rft•bh •ctfviti BOAS a88e88ment and certffi¢al*)n Seminars, conference8. events and tr8inlng Wages and Salari Employerfs NIC Pension costs Certthcation officer Rent Rat6$ and waler Insurance Othér motorftravel costs Legal and professional fee6 Consultancy fees Telephone Other off costs DepreCtion Foreon exchange gainnoss Subscriptions TPIMCPDIIQASIS8IM expgnditure BG guides expenses Interest and charg¢$ 247,473 15,415 139.931 8,834 2.488 30,682 8,285 797 4,937 4.676 57.472 $5,488 31.190 3,979 1,764 182.969 23,427 270,624 17,899 3,SS2 30.396 8.966 2.240 3,281 830 182.710 23.577 3,875 1,479 69 705 58,340 7,733 2.377 804 16.443 7,571 1.032 639.301 825,049 Total •xpondllur• 839,301 825,049 Not Incom•ll•xp•ndfturnl 11,436 (200.4681
Pag• 19 The Combustlon Englneering Assoclation Notss to the Detalled Ststement of Flnanclal ACtivIe8 Year ended 31 December 2024 2024 2023 Exp•ndltur• on charftabl• actlvltl6• Provision of knowl•dg• and infornmtlon Actfvllles undwtak•n dlrncoly BOAS assessment and certifKthn expen Seminar¥, conferenc8s. events and training Wages and salan88 Employerfs NIC Pension contributions Certrfication Offw & BOASA-G4S Audit8 Rent Rates & water Motor and travel costs Telephone, website and intemet C08ts Off expen8éS Consultsncy fees Depreciation TPNCPDn.GASISBwf oxpndlbJr• BG_ guKle expenses 247,473 15.41 S 139.931 8.834 2.486 30,682 8,286 797 4,576 31,190 3.979 65,488 1.764 18,443 7,071 674,914 182,969 23,427 270,624 17.899 3,552 30.396 2.240 23,577 3,875 1.479 58,340 7,733 635.907 Supportct* In8uranca Foreign exchange oainil subscript8 Interest and ¢h8rg•s 4,936 3.281 89 705 2,377 1,032 6,913 6,432 Oov•man¢• ¢o•ts Accountancy feès Legal fe88 PrOfe$5nal f6 2.000 28,035 27A39 2,200 107,872 72,838 37,474 182,710 Exp•ndlthr• on charftabl• aclfvltl•• 639,301 825,049