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 ststern￿ts oftho d)8rity forthe yeafended 31 December 2024, wh￿h have been p￿Pared in accordance with the Financaal Reporting standard8 appl￿b￿S in the UK a￿1 Repubk of Ireland {FRS102). REFERENCE AND ADMINISTRAnvE DEfAILS R•gl8torod chArlty n•m• The C¢xnbu81ion EngIr￿Ing AsxKithn Chaflty rngl•tr•tlon numb•r 253808 Prlntlp•l offlc• NETPa Thomas Vkn'ght Vthy sedg8r￿Id Co. r￿ThOM 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 ReS￿ned 14th March 2024 Ind•p•nd•nt •x•mln•r Fa￿ana 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$h)n'8 general guidanc6 on public b•n8fft when rgvi8•vin9 Th& Cc4nbu8tion Enginogring As6ociation'8 aim8 and objeth'ves and in planning future activ￿.e8. The A880ciation was founded in 1933 and the main obJo¢tNg of tho A8¥ooabon COntsnL￿ to be Ihe provision of 8 service for the publ￿ dissemination of kntr+v￿ge of Combustion &ngine6ring and officlency in the utilisat￿n of energy and assc¢iated Infofmatkjn. This is achieved by holding Regional Technical meebngs, corrferen￿¥ in the U.K. training couTres and tho provision of lechnul infomialion and gU￿anCe to members and other interested wties. In 2004105 the Association Inst￿ated a qualification in the oper8tKsn of industrial boiler plant I'BOAS'I jointty wlh the HSE and the Carbon Tfust. the syllabus covars both h&alth and Safety and energy ¢fficign¢y prin¢iplgs. This is recognised on a nat￿nal tevel and there are several approved training centres operated in the private sector: BOAS is now a signi￿an1 part of CEA actmty aceounting for 75.6% of income. Gutdan¢e ¢Jxuments have been (xe*ed and publisheil to help eduth industy in the safe and efficient use of steam and heating plant.. these are ¢alled the Boiler Guidan￿18G_ J Series. There are ¢urrenlty 10 documents in the 8efig8. Launched in 2016, the Industrial Gas Accreditatit￿ Scheme {la4S) offers a route to demon#tTating compelence when working on gas in the tr)duStri￿ environmenL P•g• 2 The Combustion Englneering Assoclatlon Tntstees. Annual Report Year end•d 31 December 2024 Oblectlv•s and actlvftle• I-GAS provides lormal training and xcredrlalion specrkamy deSIg￿j for maintsnance staff and techn￿18￿$ workn.ng with gas in industrol premises. The 'lndu8trial G88 A￿r¢drtal10n Scheme" (l￿S) offern 4 diiferent a¢creditstw)ns.' Gas Safety Awarene8$ Gas Pipework Techn￿lan Gas Combustion Engineer Gas System Management CEA MIMlon CEA 8¢ek$ to impm the under8tsndlng and dov8b)wwit of tho COn￿u8t10￿ Industry through the provision of a 8eNice for the publK dis8emin8ts.cn of kn1Th¥￿198 of combu•tlon •ngln••rfng and Off￿encY in the utslmtion of onorgy 8fKI a80(*4•W inf0m￿lon. CEA 18 working wth member8, Manu1￿￿rer5. suppliers. contra¢*ors and in the UK c£*mbu8tion and 8ngin8ering industy- Standard8 and bJi8lation Assisting the fom)ulatlon and de￿k￿MOnt 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 CombuSt￿n 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 a0￿1&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. sL￿h as the Steering Group for PAS 4445- Hydrogen firin9 and hydrogen a￿ver810n for large gas•firgd equ￿Ment. 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 professic￿ls. ￿ller operators and managern. Atso, those people working in industy on a raryJe offuels for bumer eqU￿Ment. Pago 3 The Combustlon Engineerlng Association Tn￿tees. Annual RepOrt(C￿th￿dj 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 ￿ls￿lI0n. 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 be8pL*e sofhyare platft>rm for the adminislfation of Training Schem88 18 underway and is expected to be running by October. It k8 a cloud4Ja8ed $ystsm that ombines the process of Tequesting training courses. alkxab'ng asGessor8, and exchanging paperwork. It 8treamline the BOAS proco88 ￿lUcIn9 email traffiq inprovwN VIB1￿.1￿, and minimrding certification 18ad time for eandidates. cl￿ferenCeS and events are planned for18ter in the year incjuding iG88 AWA and a 8tsgm 8waronos0. FINANCIAL REVIEW AJI fvnd8 arn unre8tricl•d for g8ner81 u68 by th8 tharity. Inm is pr•dominantty T8i88d from the charrtabla actiVrt￿& of the or￿n130t10n, nam•ty' memberships. Conferen￿ fe88 and certrfication fe98. In 2024, income exceeded expenditure by £11.43612023 8xp6nditure 8xc8&ded incom0 by £200.468), results'ng in an increase in genéral rnseTh8812023 dacroa8é1. In¥Mtm•nt pow•rn and r••trfctlo 1118 the poli￿ of the As8¢x￿lon that all surplu$ funds not immadiatsty roquir•d aro invo8ted In bank deposit8, prfmarily de8bgnal¢d Charits8 OffiG￿l Inve8tmenl Funds. RMobvM Pollcy Tho Association perfo￿6 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 sutficK*nt ea8h r6séNg$ equivalgnt to the r￿ed 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¢*￿at￿￿1 charrty and $lJivos to ensure this aim ra ahvays maintainod 88 the predominant faclor among8t the varied 8CtNibe8 undertsken. CEAcan justty daim to have increased the knth￿edge of many thou¥8nds of individu818, group$ 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 r￿m318n￿5 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 ac*vity when hety'ng the CEA in its kny)als and ambitions to fulfil its Miss￿n. PLANS FOR FUTURE PERIODS A renthved fctus on understar￿1ng 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 T￿￿te8s, Annual Report I￿1￿ 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$w on 19th September 1967. CEA ha6 the major r￿ks to wthl¢h rt ig ex&￿$*￿ 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 C0nstrtut￿n, to enable rt to have the powers to M￿rate to a Charitab IN￿rpOrated Organiwng (CIO). ThKs process is being guided by a Lonth)n based cx)mpany ¢alled lake 8eH. and CEA WIN make tran$ttL￿ a CIO. Thé constitution dtht•s that the Charty is by a COU￿11 of rn more than 25 and no less than 10 Mem￿13 and a88caate8. These are appointed at thè AGM. The Counul appoints from among Itsèlf Chainnan. a Tre88urer and thffje Vke eharrtw prgparing thw"r accounts ir* accordan¢e with th• Financial Reporting Stsndard applvbfe in the UK and RepU￿1C of Ireknd {FRS 1021 (Charities SORP {FRS 102}l and the Charities Act 2011. Acc¢)untlng polkl•• Ba•1• of pr•paratlon The financ￿91 slalements have been prepared on the histortal ¢ost ba￿¥. The financial Stateme￿ts are prepared in 6tsrling. which is the func*"onal currency of the entity. Golng conc•rn After making reasonable 6nquiri88 and having con8id8rnd tho impact of v8riou8 Qther factors on tha finanaal performance of the charity and its current position, the tru8tO¢8 balw9 Ihg ¢harlty will bg able lo conbnue to fvKIl rt$ 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 $tOtomonts. Judg•m•nt• and k•y •ourc•• of ••dmatlon unc•rtalnty The prep8r8tion of the financial statemènts require¥ managèmgnt to make judgemerrts, estimal•s and a88umption8 that affect the amounts re￿rted. These estimates and judgements are C￿ntInuallY rtsviewed and are based on experience and other factors. including expectstion$ of fulure events that are believed lo be reasonable under the circumstances. K•y sou￿$8 of ￿lIm￿tk)n une•rt&inty Accounting e8timate8 and aysumptsons are made (>)n￿MIng the future and, by their nature, will rarely equal the relgted actu81 outcome. The key a83umption8 ar+d othw 80urce3 of estimation uncertainty that have a signffieant risk of causing a matend adjustment to the carrying 8mounts of assets and liabilities within the next financial yow af8 a6 follow8." Depreciation - Management estmale the u8eful Ives of a88ats and the expected va￿e and depreCIat￿n rates are gel ￿￿rdln9ty. For•lgn curr•nclo• Foreign currency transactions are initialty re03rded in the fvnctional currency. by aFplying the spot exchange rate as at the date of the transact￿n. Monetary assets and habililies denominated In foreign currencie8 are translated at the exchange rale ruling at Ihe reFts1ing dalè. wrth any gains or1086es being taken to the statoment of financial actwibos. Fund •ccountlng General funds are unrestricted furKls that are available for use at the discretion of the trustees in rtheran￿ of the general 0￿e¢￿Ve$ 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 financ*1 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 w11c￿8 are appliad to particular categories of income.. Income from donat￿n$ or grants re¢oJni¥ed when ther8 18 ewdenc¢ of entit￿ment 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 ra￿ed for an ovant after the accountin9 period, the incona will bè dafOr￿j. 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• in￿rred. Expandituro indud88 any VAT which cannot bg fLtIty recovered, and 18 classrf￿d 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 bOnaf￿laTi8$. in¢luding th068 support costs and ¢￿t8 r•loting to th• g¢)V•Man￿ of th• ¢harity apportioned to charitable actwit*s. other 8xp8ndiluTe includes 811 expenditure that ￿ n8￿har rèlated lo ra18ing fvnd8 for the charity nor part of ils expendilure on charilabk8 activitK88. All alk)&7￿ io expBndliun¥ of Ihe resou1￿. Dliect ￿>$1& attn"bul8bb to a single activity ar8 alkxaled directfy to that actNrty. Sharod cjjsts arg aPPOrtiongd betsveen the acbvrt*g thoy conlit>ut• to on a r•asonabl•, Iustrf￿bIo and consistent ba818. T•nglbl• M••l• Tangible assets are inkn'alty recorrled at cost Subsoquenty slated atcost loss any accumulated d$preC￿tr.0n and bmwmwnt k)$885. D•pr•cl•tlon Depre￿atIon is cakuiated ￿ as to wrile off the cs)st or valuation ofan asset. it8 resldual valu6. ovei the useful economic lrfe of that asset a$ 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 financ￿1 liabifty ￿ rncogni8ed onty Thtben the ertdy bgcome8 a party to the conlraclual provksKins of the in8trument. Bas￿ financial instruments are in*ialty 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 fu￿re 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 ¢onlribulK*ns 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$ara valued Sttha amount wepakdwlth roferenc* totho par￿￿ tha payment relates lo. Ca•h at b•nk •nd In hand Cash al bank and in hand Indudes eAsh and short temi hlghly l•]uKI deposit a￿Uftts. Cr•dltorn and provl•lo Creditors and provisions are re¢xgnised where the charity has a pr88enl oblvaalion re8ulting from a past event that will Wob8￿ resLtIt in tha transfer of funds lo a third paty and the amount due to settle the obbgalion can be rr￿Sured or estimated reliabty. Pag• 12 The Combustion Englneering Association Notes to the Flnanclal Statsments Year ended 31 December 2024 Charltable actlvlti Unrestrthd Total Funds UnrestrKted Tcrt81 Funds Funds 2024 Funds 2W23 Membern sub8¢n'ptions arKI conlributKJns BOAS incoms Seminar8, confwoncos, f4ents and training TPNCPDn4KWsBv￿ income BG_ guides income 67,n2 492.197 67.722 492,197 76,540 383.003 76,540 383,003 14,690 42.200 24.419 14.690 42,200 A19 9,942 113,714 31,757 9,942 113,714 31.757 641,228 641.228 614,956 814,956 Inv••tm•nt Incom• unrestric￿ Tot•1 Fund8 Unrestricted Total Fur￿8 Fund$ 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•rtt*bl• aetfvltl•• by fund typ• Unro$trthd Total Fund• Unreslri¢ted Totsl Funds Fund¥ 2024 Funds 2023 Provis￿n of kntrwledge & infomiats'on Support costs 574.914 635.907 635.907 84,387 189,142 189,142 639,301 639.301 825,049 825,049 Includéd wlthin oxpenditure on chorltable 8cbwbe8 in the prk)r yoar was £107.672 rel8led to legal costs assock91ed with intemal charity matters and di8PUtes, ￿u8 £97,038 of co8t8 incurred in settlement. The tru8ts08 aro sotisfi￿ tho mattw IB ntyw ¢orKJuded and thoro aro no furthgr asswaled costs. 574.914 8. Exp•ndlluro on charl1•tA• actlvltlo• by athlty typo Activities undert*en directy Surw1 ToL*l funds Total fund 2024 2023 Provision of knortIe￿ arHI infomiation Governano cosls 574.914 6,913 57.474 581.827 57.474 642.339 182.710 574.914 64.387 639.301 825,049 Pago 13 The Combustlon Engineering Assoclatlon Notes to the Flnancial Stat•ments Year ended 31 December 2024 An•ty$l• of 8UPPOrt co•t8 Anatysis of 8IIPFQrt O)8ts for tharrt*le 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 Incom￿l•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 StAtthr￿nl¥ 2.000 2,200 12. Staff ¢o•ts The total staff costs and emthee tonefrts for tho rowling period are ana￿Sed a8 follows., 2024 2023 W8gès and salarie$ Social security costs Empknyer contributions to p￿s￿n 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 F￿re8. 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 Cha￿e 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 d￿n￿d contributvjn plans was £2,488 {2023. £3.5521. 18. Anaty•S• of ¢harlt4bl• fund• Unr08tr1ct•d fund• A131 D•¢•mb•r 2024 JanU￿Y 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 ￿$5 than 1 year N•t as8•ts 4,295 4,295 418,592 418,S92 1169,025) 1169,0251 253,862 253.862 Pago 16 The Combustion Engineering Association Notss to the Flnancial Statements Year endod 31 December 2024 20. Anaty¥lB of chang8• In n•t d•bt At 1 Jan 2024 Cayh IlcAvs 31 2024 Ca6h at bsnk and in h8nd 297.491 {60,583) 236.908 21. R•lat•d ￿rtI During the year, £6.701 was paid to Deep Il*ler 8￿•. a ctyipany ofwhKh a trustee is a director. for training ￿Urse costs12023 £n￿. Page 17 The Combustion Englneering Assoclatlon Management Infomiatlon Year ended 31 December 2024 Th• follwAng do not fomi p•rt of th• fln•n¢lal •l*t•m•nts. Pag• 18 The Combustion Engineerlng Associatlon Detalled Statement of Flnanclal A¢tivitles Year ended 31 December 2024 2024 2023 Income and and0￿n•￿ts CharStabl• actlvitlos Members subscriptions al￿ c£￿TIbutiO BOAS income Seminar3, conferencos, evènts and training TPIMCPDn-GASISBwf income BG guides income 67.722 492.197 14,690 42.200 24,419 641,228 76.540 383,cwJ3 9,942 113,714 31,757 814,958 Invo¥tmont Income Bank interest reGeNabk8 9.594 othor Incom• Other income 128 31 Total Incom• 660.737 824.581 Exp•ndltur• Expondlturn on ¢h8rft•bh •ctfviti BOAS a88e88ment and certffi¢al*)n Seminars, conference8. events and tr8inlng Wages and Salari Employerfs NIC Pension costs Certthcation officer Rent Rat6$ and waler Insurance Othér motorftravel costs Legal and professional fee6 Consultancy fees Telephone Other off￿ costs DepreC￿tion 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 ACtivI￿e8 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 Supportc￿t* In8uranca Foreign exchange oainil subscript￿￿8 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$5￿nal f￿6 2.000 28,035 27A39 2,200 107,872 72,838 37,474 182,710 Exp•ndlthr• on charftabl• aclfvltl•• 639,301 825,049