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2022-12-31-accounts

Company number: 01601185 Charity number: 283945 Scottish Charity number: SC042351

Report and financial statements For the year ended 31 December 2022

The British Institute of Innkeeping

Contents

For the year ended 31 December 2022

Reference and administrative information ...................................................................................... 1 Council’s annual report .................................................................................................................. 3 Independent auditor’s report ....................................................................................................... 13 Statement of financial activities (incorporating an income and expenditure account) ................... 18 Balance sheet ............................................................................................................................... 19 Consolidate statement of cash flows ............................................................................................ 20 Notes to the financial statements ................................................................................................. 21

The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

Company number 01601185 Charity number 283945 Registered office and Office 3 Sentinel House operational address Ancells Business Park Harvest Crescent Fleet GU51 2UZ Country of registration : England & Wales, Scotland Country of incorporation: United Kingdom Council The Council members named below (who are the trustees of the BII under charity law) have served throughout the year and up to the date of this report unless otherwise stated. The appointment and retirement of Council members is governed by the Articles of Association. Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Bruce Cuthbert Joanne Graham Katy-Anne Hamilton Gregory Mangham Kelly McCarthy Neil Morgan Matthew Phipps Mark Robson (Chair) Timothy Smith Philip Strong Paul Eeles

The trustees delegate day to day management to the following senior leadership team (SLT): Steven Alton Chief Executive Officer Shila Singh Head of Finance Molly Davis Head of Communications Natalie Wickham Head of Partnerships Hannah Solomons Head of Membership Development

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The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

Secretary Gill Cooper Bankers Barclays Bank Leicester LE87 2BB Auditor Sayer Vincent LLP Chartered Accountants and Statutory Auditors Invicta House 108-114 Golden Lane LONDON EC1Y 0TL

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The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

The Council present their report and the audited financial statements for the year ended 31 December 2022.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

Purposes and aims

The BII’s principal object is to advance the education and training of persons engaged, or preparing to be engaged, in a) the sale of beverages and/or the preparation or sale of food at premises licensed for the sale of intoxicating liquor; and/or b) ensuring regulatory compliance and/ or good operation in such premises.

The main activities undertaken to support the BII’s purpose include:

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The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

The Council reviews the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The Council reports the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the Council ensure the charity’s aims, objectives and activities remained focused on its stated purposes.

The Council have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning its future activities. In particular, the Council consider how planned activities will contribute to the aims and objectives that have been set. The British Institute of Innkeeping does not raise funds specifically for fundraising and so does not use professional fundraisers.

Achievements and performance

The charity’s main activities and who it tries to help are described below. All its charitable activities are undertaken to further The British Institute of Innkeeping’s charitable purposes for the public benefit.

Membership and member services

2022 presented an incredibly challenging year for BII’s over 10,000 members predominantly licensees independently operating single pub businesses. Final trading restrictions fell away in the first quarter and initial positive trading hit significant inflationary pressures driving costs across all areas of pub businesses. Energy costs have risen to exceptional levels for operators not fixed into contract secured before 2022 with many facing 3-4 times previous levels of costs. All of these issues, plus the changing consumer habits due to the cost-of-living crisis, have prevented many of our members starting their full recovery in 2022 and many are facing an incredibly uncertain future.

The BII team has continued to provide regular Insight to Government officials, Ministers and MPs throughout the year through its well supported insight surveys. In addition we have supported a number of opportunities to get our members feeding back directly on key issues into Government and key stakeholders. The BII CEO Steve Alton has been fully engaged with the newly formed Hospitality Sector Council, and despite a number of changes in key Ministers, this has created a number of key initiatives to support the recovery and long term sustainability of our members’ pub businesses.

4

The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

Two areas of short-term support have been achieved; the re-rating of Business Rates evaluation has, for many, reduced overall rates alongside a 75% relief for 23/24 and the Energy Bill Relief Scheme has provided support with business energy bills. Longer term aims, aligned to our members’ priorities continue to be pursued; a hospitality sector VAT reduction, long term change to Business Rates recognising the community value of hospitality businesses and further support with fair energy costs. The BII launched its campaign #notjustapub to highlight the diverse and essential businesses pubs are in every community. At its heart is a call to action to engage all local MPs to gain their support for the measures pubs need in place to allow them to survive and thrive in every community.

The whole BII team remains passionate about its clear purpose to keeping pubs thriving at the heart of every community . A clear objective in 2022 has been to increase direct engagement with members throughout the year with greater outbound calls in addition to the weekly INNFocus email. The membership team has been further strengthened and is delivering circa 1000 successful calls per month to members, this is addition to circa 4000 inbound contacts received from members across the year to our BII Helpdesk. Our expert helplines have been well utilised throughout the year with over 1000 to our legal, HR and Licensing in addition to circa 400 to our Landlord & Pub co Relationship helpline. The team have continued to develop interactive guides with clear actionable information on key subjects including our energy saving, the Government Energy Bill Relief Scheme (EBRS), cyber security and business planning. The weekly INNFocus email remains one of the strongest engagement tools where open rates are double that of the industry average and with continued development of our CRM tools engagement is easily tracked.

The BII Team’s investment in IT has enabled new ways of working and allowed further development of key services. The CRM platform allows collection of key members insight that is used in realtime to track key issues allowing enhancements to guides, collateral and development of further services. The BII’s Trusted Partner network has continued to expand into a wider set of essential capabilities, products and services for our members. Working closely with these partners best practice collateral has been developed and delivered via online events, podcasts and though leadership articles in both INNFocus and the quarterly BII News.

The BII continues to focus its approach in three key areas; inspire, support and develop. Inspiring our members through sharing best practice, innovation and excellence from our members is key. Our two key award platforms; BII Licensee of the Year Award (LOYA) and the BII National Innovation in Training Award (NITA) provide an opportunity to recognise, celebrate and share best practice and innovation across our membership. Both award events are the culmination of day events; the BII Summer Event and the BII People Conference.

The BII People Conference and NITAs was held on the 22[nd] of April in East Wintergarden at Canary Wharf with around 300 people attending an inspiring day event featuring key speakers centred on the challenges of attracting, developing and retaining great talent leading into the NITA awards in the evening. In June the BII Summer Event returned to the HAC in London and despite significant disruption through a national rail and tube strike circa 550 people came together to celebrate the awarding of our Licensee of the Year Award (LOYA). At the event a number of proven current

5

The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

operators were recognised as BII Ambassadors due to their commitment to supporting the BII, its members and the wider sector. These Ambassadors, and previously recognised individuals, have continued to heavily support the BII with insight, at events and in representing the BII with key stakeholders including Government.

Despite significant challenges throughout the year overall membership numbers have risen further to over 10,000 and the BII team are pursuing further growth in the coming year in particular focusing on free traders. Overall feedback remains strong on the quality and breadth of support the BII team provide to members. Our annual support survey in February recorded that 95% of members would recommend membership to others in the licensed trade. This insight survey was invaluable in highlighting key areas for further support such as sustainability, diversification and building teams which have featured highly across all platforms throughout the year.

The BII Team has been further strengthened in 2022 with both the Senior Leadership Team (SLT) working highly effectively together and the onboarding of new talented individuals in the membership and communications team. This has provided additional capabilities to the team resulting in new deliverables including a BII podcast platform and the in-house production of training collateral. The team is now well positioned to scale its deliverables to support the expected increase in member numbers.

On-going partnership with the BIIAB

The BIIAB is the awarding organisation and end point organisation for work-based learning providers, FE Colleges and employers. They offer Qualifications, Apprenticeship Frameworks and End Point Assessments. The BIIAB, now formally part of the Skills and Education Group since March 2021, remains a strategic long term partner of the BII. The partnership has further strengthened with both CEOs being directors of each other’s respective organisations with them also meeting regularly.

The overall market has started to recover as Government restrictions to trading eventually fell away in quarter 1 of 2022 and has now gained momentum towards the back end of the year. The respective teams continue to work closely together to provide joined up development pathways through qualifications and apprenticeships for BII members to develop and retain essential talent in their teams. The acquisition of talent for the wider hospitality sector remains a strategic challenge and the partnership provides a significant opportunity to enable professional development as a key driver on why join the sector.

Beneficiaries of our services

The BII aims to inspire, develop and support individuals in the licensed retail and hospitality industry as its primary beneficiaries. The BII continues to believe that the benefits derived by individuals in its focus on raising professional standards, recruiting, developing, and retaining talent alongside providing support, advice and guidance to individuals, provides a wider public benefit.

The BII remains passionate about the role its members and their pubs play in communities across the UK through local employment, providing skilled careers, supporting local suppliers & brewers

6

The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

and being an accessible, safe space for people to connect. Their role is supporting mental wellbeing and community connections irradicating loneliness and isolation remains critical. The BII #notjustapub campaign has been used effectively to promote the wider social and community value of pubs alongside their clear economic and employment value. This approach will continue in the coming year as a positive platform and a call to action to engage local MPs for their support for the key measures needed to allow our members’ pubs to thrive.

BII continues to support Best Bar None Professional & Safer Venues ensuring that the public benefits from the schemes in improving standards and providing a safer night time economy. The scheme is expanding across the UK and continues to have great success in achieving its aims of reducing alcohol related crime and disorder, reducing the harmful effects of binge drinking and improving knowledge and skills of individuals and enforcement and regulation agencies to help them responsibly manage licensed premises. In particular the safety of all individuals in the late night economy is paramount within the aims of Best Bar None.

Financial review

The year end provides a strong platform for further investment in membership services moving forward. The small surplus from core activities allows for a degree of resilience in still an uncertain environment for membership. The additional funds being generated from the partnership with the Skills and Education Group through the trading of the BIIAB are building key reserves for the BII. These reserves, whilst essential to ensure any economic headwinds can be navigated, provides an asset that is intended to be invested in facilities to directly facilitate the training and development of members and their teams. The Senior Leadership Team are developing plans for this initiative which is expected to be delivered in the coming years when funds allow.

In the meantime the team is investing the vast majority of funds received in delivering and constantly improving core membership services. They have worked extremely hard to reduce overheads to a viable minimum allowing further investment in team members to drive member value.

Reserves

Strong cash management has continued through this year which has allowed a further improvement in cash reserves to around £1.1m. Free reserves held by the group were also £1.1 million (unrestricted funds less the net book value of tangible fixed assets) at the year end. This improved position stems from a small trading surplus with the majority of the improvements coming from the proceeds from the sale of the BIIAB and ongoing profit share.

Our reserves policy is set at three months of operating costs, totalling £342,000 based on the budget for 2023 this is subject to an on-going review

The BII is now on a firmer financial footing and the Senior Leadership Team are reviewing a number of key initiatives that require significant financial investment to further enhance membership services.

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The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

The council believes that the cashflow position provides significant resilience and will ensure the charity remains a going concern over the next 18 months despite the ongoing uncertainties.

Going concern

The council are very pleased with the improved cash position in 2022. A small surplus generated from core membership services is reflective of a well-run and lean organisation delivering with a clear focus. The team have worked hard to further reduce overheads and implement new technologies to streamline processes wherever possible. The plans for further growth are well founded and the quality of the existing membership services provides a platform for growth.

The BII Team has strong relationships across the market and are making good progress expanding membership into regional pub groups with a number being converted this year. Relationships with brands supporting free trade growth are strong and already yielding results. Even with the pressure on individual members and some business failure, the BII team are well positioned to continue growing their membership base.

The partnership with the Skills and Education Group also provides a solid source of income from the continued delivery of BIIAB products and services for BII members and the wider hospitality sector. The partnership is now gaining momentum after a slow start due to the pandemic and the team are confident of further growth with direct financial benefit to the BII.

Based on the above assessment the Council considers that there are no material uncertainties on the going concern assumption.

Principal risks and uncertainties

In accordance with SORP 2015, the business risks of the BII and the steps taken to manage those risks are documented on a risk register, which is reviewed by the management team and presented to Council. Council is satisfied that the risks are managed adequately. Risks are graded in terms of both potential financial impact and likelihood of occurrence.

One of the biggest risks remains the loss of members as businesses are at risk of failure following the pandemic, inflationary pressures across their businesses and extreme energy costs from contracts agreed in 2022. The sector has seen relatively low failure so far and with investment interest in acquiring pubs remaining strong and with our growing standing with national pub groups, we are confident that any loss of members will not be material.

Overall membership continues to grow, and the team have delivered agreements with the larger pub groups supporting their licensees through centrally paid membership which has been secured on multiyear commitments. The membership base remains evenly split between free trade, leasehold and tenanted licensees providing further resilience in the longer term.

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The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

Privacy, data protection and cyber security risks, while rated as a low possibility, still carry severe implications. These continue to be addressed by strict system controls, adhering to guidance and regulation under the Data Protection Act and team wide training.

Plans for the future

The BII team remains focused on exploring new ways to fulfil its purpose whilst ensuring its core membership deliverables are maintained to the highest standard. Checking in with members and gaining their feedback is critical to ensure members priorities are addressed. The whole team are committed to long term growth of membership and are engaged in multiple initiatives to deliver this. The team continues to aim to double the membership in the medium term to 20,000 members and is confidence the core platforms and capabilities can all be scaled to deliver this.

Trusted Partners remain an important element of our membership offer providing expertise, products and services to improve our members businesses. We continue to develop deeper relationships with our core partners and seek out additional partners for new capabilities. In addition the BII Awards and events remain key platforms to recognise, celebrate and share innovation & best practice. The event quality continues to develop each year which has also improved financial performance whilst always ensuring excellent value for members and partners.

We have focused on enhancing engagement with members and good progress has been made. This remains a key focus in the coming year to ensure all off our members are engaged with our services and feel connected to their membership organisation. Our new team members and improved technology platform will enable this to be delivered effectively.

A key strategic challenge remains for our members which is the attraction, development and retention of talent. The BII will launch a new membership offer for team members this year to provide a platform to inspire, support and develop their careers and retention to the sector. This membership platform is being developed by a group of key partners and is expected to be launched around the half year point.

Structure, governance and management

The organisation is a charitable company limited by guarantee, incorporated on 1 December 1981 and registered as a charity on 11 February 1982. The charity is registered under the name The British Institute of Innkeeping and it trades under the title of BII.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

All the Council give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 7 to the accounts.

The BII is a membership organisation and as such all decisions are made by the members in general meetings.

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The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

The members have delegated the day to day running of the BII to the National Council. The council consists of a Chair, 3 Regional chairs and 6 industry experts.

Council delegates to the Chief Executive the day to day management and direction of the BII’s business, together with the right to appoint and remove such paid officers and employees as he/she may deem necessary for the purposes of the BII together with the right to prescribe their respective duties and remuneration.

The BII has also supported its local members through a network of 10 regions covering England, Wales and Scotland and has regional councils in each area. The regions are independent organisations and are not included in the financial statements of the British Institute of Innkeeping. The regions are being redeveloped in the coming year to strengthen engagement.

Committees and Advisory Groups are appointed by Council from time to time to exercise such powers and to perform such duties under the control of Council as may be delegated to them by Council. The current committees are:

Appointment of Council

The BII is governed by its National Council, which is formed of Statutory Members who hold office in accordance with the Articles of Association. For the purposes of company law the members of Council are treated as the directors mentioned in that section. All directors of the BII are trustees of the charity.

Trustee induction and training

New Council members receive formal training about the roles and responsibilities of trustees generally. They are also issued with comprehensive documentation about all aspects of the BII's operations.

Refresher training continues to be available on request for any Council member. Additionally, whenever new legislation affecting the BII is introduced the full National Council are appraised of the potential impact of the changes.

Related parties and relationships with other organisations

The BII has the following relationships with related parties, subsidiaries and other connected organisations:

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The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

Remuneration policy for key management personnel

The aim of the BII’s remuneration policy is to ensure BII achieves best value whilst ensuring it can attract the best talent for its key roles. Salary levels of key management personnel are benchmarked against pay levels in similar charitable organisations but also with organisations in the licensed retail sector. The remuneration benchmark is the mid-point range for similar roles but can be adjusted for additional responsibilities or specialised skills. Salaries are reviewed annually and normally increased in accordance with average earnings.

Funds held as custodian trustee on behalf of others

The BII does not hold any funds on behalf of other organisations.

Statement of responsibilities of the Council

The Council (who are also directors of The British Institute of Innkeeping for the purposes of company law) are responsible for preparing the Council’s annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Council to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and group and of the incoming resources and application of resources, including the income and expenditure, of the charitable company or group for that period. In preparing these financial statements, the Council are required to:

11

The British Institute of Innkeeping

Council’s Report

For the year ended 31 December 2022

The Council are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Council are aware:

The Council are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 December 2022 was 11 (2021: 11). The Council are members of the charity, but this entitles them only to voting rights. The Council have no beneficial interest in the charity.

Auditor

Sayer Vincent LLP was re-appointed as the charitable company's auditor during the year and has expressed its willingness to continue in that capacity.

The Council’s annual report has been approved by the Council on 3 May 2023 and signed on their behalf by

Mark Robson Chairman

12

Independent auditor’s report

To the members of

The British Institute of Innkeeping

Opinion

We have audited the financial statements of The British Institute of Innkeeping (the ‘parent charitable company’) and its subsidiaries (the ‘group’) for the year ended 31 December 2022 which comprise the consolidated statement of financial activities, the group and parent charitable company balance sheets, the consolidated statement of cash flows and the 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 FRS 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:

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 group financial statements section of our report. We are independent of the group and parent 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 Council's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on The British Institute of Innkeeping ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

13

Independent auditor’s report

To the members of

The British Institute of Innkeeping

Our responsibilities and the responsibilities of the Council with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the Council’s annual report, other than the group financial statements and our auditor’s report thereon. The Council is responsible for the other information contained within the annual report. Our opinion on the group 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. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the group financial statements or our knowledge obtained in the course of 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 this gives rise to a material misstatement in the group financial statements themselves. 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 nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the Council’s annual report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion:

14

Independent auditor’s report

To the members of

The British Institute of Innkeeping

Responsibilities of the Council

As explained more fully in the statement of Council’s responsibilities set out in the Council’s annual report, the Council members (who are also the directors of the parent 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 Council determines 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 Council is responsible for assessing the group’s and the parent 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 Council either intends to liquidate the group or the parent 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 auditor under the Companies Act 2006 and section 151 of the Charites Act 2011 and report in accordance with 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 the 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 are set out below.

15

Independent auditor’s report

To the members of

The British Institute of Innkeeping

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

16

Independent auditor’s report

The British Institute of Innkeeping

To the members of

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 section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charitable company's members those matters 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 anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jonathan Orchard (Senior statutory auditor)

Date: 7 June 2023

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006

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The British Institute of Innkeeping

Consolidated statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 December 2022

Note
Income from:
3
4
6
6
6
7
Transfers between funds
Net movements in funds
Reconciliation of funds:
Investments
Total income
Expenditure on:
Donations and legacies
Charitable activities
Other trading activities
Qualifications, examinations and education
Membership
Publications and handbooks
Net (expenditure)/income before other
recognised gains and losses
Gains on disposal of subsidiary
Net (expenditure)/income for the year
Raising funds
Total expenditure
Charitable activities
Qualifications, examinations and education
Membership
Publications and handbooks
Total funds brought forward
Total funds carried forward		 Continuing
operations
£
17,000
-
929,697
-
-
652,742
1,229		 2022

Total
£
17,000
929,697
-
-
652,742
1,229
1,600,668
223,684
1,336,068
-
-
1,559,752
40,916
138,879
179,795
-
179,795
971,208
1,151,003		 Continuing
operations
(as restated)
£
17,000
879,432
-
-
481,337
2,323

Discontinued
operations
(as restated)
£
-
-
184,020
3,040
11,316
-		 2021


Total
£
17,000
879,432
184,020
3,040
492,653
2,323
1,600,668 1,380,092 198,376 1,578,468
223,684
-
1,336,068
-
-		 152,863
1,429,142		 -
-
234,822
3,553		 152,863
1,429,142
234,822
3,553
1,559,752 1,582,005 238,375 1,820,380
40,916
138,879		 (201,913)
293,841		 (39,999)
-		 (241,912)
293,841
179,795
-		 91,928
(39,999)		 (39,999)
39,999		 51,929
-
179,795
971,208		 51,929
919,279		 -
-		 51,929
919,279
1,151,003 971,208 - 971,208

Discontinued activities in the prior year relate to BIIAB Qualifications Limited, which was sold on 28 February 2021. All activities in 2022 are continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed above. All funds are unrestricted.

The gain on disposal of subsidiary is the net proceeds in the year from the sale of BIIABQL to the Skills and Education Group which is a five year deal. The income comes from two streams a fixed consideration and a profit share.

18

The British Institute of Innkeeping

Company no. 1601185

Balance sheets

As at 31 December 2022

As at 31 December 2022
Balance sheets		 As at 31 December 2022
Balance sheets		 As at 31 December 2022
Balance sheets		 Company no. 1601185 Company no. 1601185
2022
2021
Note
£
£
Fixed assets:
12
24,541
50,411
13
-
-
14
205,525
288,170
230,066
338,581
Current assets:
15
375,661
304,554
1,141,309
1,050,518
1,516,970
1,355,072
Liabilities:
16
596,033
722,445
920,937
632,627
1,151,003
971,208
1,151,003
971,208
1,151,003
1,164,732
-
(193,524)
Total unrestricted funds
1,151,003
971,208
1,151,003
971,208
Total funds
Creditors: amounts falling due within one year
Net current assets
Total net assets
Unrestricted income funds:
General funds
Subsidiary trading funds
Investments
The group
Tangible assets
Total assets less current liabilities
Debtors: amounts falling due within one year
Funds:
Cash at bank and in hand
Debtors: amounts falling due after one year		 2022
2021
£
£
24,541
50,411
2
2
205,525
288,170
The charity
230,066
375,661
1,141,309		 338,581
304,554
1,050,518		 230,068
396,044
986,718		 338,583
825,534
597,544
1,516,970
596,033		 1,355,072
722,445		 1,382,762
461,827		 1,423,078
596,929
920,937 632,627 920,935 826,149
1,151,003 971,208 1,151,003 1,164,732
1,151,003 971,208 1,151,003 1,164,732
1,151,003
-		 1,164,732
(193,524)		 1,151,003
-		 1,164,732
-
1,151,003 971,208 1,151,003 1,164,732
1,151,003 971,208 1,151,003 1,164,732

Approved by the trustees on 3 May 2023 and signed on their behalf by

Mark Robson Chairman

19

The British Institute of Innkeeping

Consolidated statement of cash flows

For the year ended 31 December 2022 For the year ended 31 December 2022 For the year ended 31 December 2022
Note
£
£
18
9,354
1,229
100,000
(19,792)
81,437
90,791
1,050,518
19
1,141,309
Cash and cash equivalents at the beginning of the
year
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year

2022
Cash flows from operating activities
Net cash provided by investing activities
Net cash provided by operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets
Net proceeds from sale of subsidiary		 £
£
(458,211)
2,323
149,906
(60,718)
91,511
(366,700)
1,417,218
1,050,518
2021
1,141,309 1,050,518

20

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

1 Accounting policies

a) Basis of preparation and statutory information

The British Institute of Innkeeping is a charitable company limited by guarantee and is incorporated in the United Kingdom. The registered office address (and principal place of business) is Office 3 Sentinel House, Ancells Business Park, Harvest Crescent, Fleet GU51 2UZ.

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) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

The financial statements for 2022 consolidate the results of the charitable company and its wholly-owned subsidiary BIIBusiness Ltd on a line by line basis. These 2021 financial statements consolidate the results of the charitable company and its wholly-owned subsidiaries BIIAB, BIIBusiness Ltd and BII Benchmarking and Accreditation Service Ltd on a line by line basis. BIIAB Qualifications Limited was a wholly owned subsidiary until 28th February 2021, and the income and expenditure for the two months have also been consolidated in these financial statements. Transactions and balances between the charitable company and its subsidiaries have been eliminated from the consolidated financial statements. Balances between the five companies are disclosed in the notes of the charitable company's balance sheet. A separate statement of financial activities, or income and expenditure account, for the charitable company itself is not presented because the charitable company has taken advantage of the exemptions afforded by section 408 of the Companies Act 2006.

Key judgements that the charity has made which have a significant effect on the accounts include discounted long term debtors receivable from the sale of BIIAB Qualifications Limited.

b) Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

c) Going concern

The Council has taken steps to reposition the group’s business model to improve the long term financial position. Focus has been given to the growth of membership, cost efficiencies and identification of new business opportunities. As the Council considers the group is able to pay their debts as they fall due for a period for 12 months from signing these accounts, the going concern basis remains appropriate. The Council has considered there are no material uncertainties on the group's operations or on the going concern assumption.

d) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Both fixed consideration and profit share received from the sale of the Awarding Body to the Skills and Education Group on 28th February 2021 are included in gains on disposal of subsidiary.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

21

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

1 Accounting policies (continued)

e) Donations of gifts, services and facilities

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

f) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

2022 2021
Qualifications, examination and education 0% 28%
Membership 60% 23%
Publications and handbooks 0% 1%
Support costs 36% 45%
Governance costs 1% 1%
Trading 4% 2%

Support and governance costs are re-allocated to each of the activities on the following basis which is an estimate, based on staff time, of the amount attributable to each activity.

Qualifications, examination and education 0% 48%
Membership 100% 47%
Publications and handbooks 0% 5%

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

g) Operating leases

Rental charges are charged on a straight line basis over the term of the lease.

h) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

i) Investments in subsidiaries

Investments in subsidiaries are at cost.

j) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued profit share income from the sale of the Awarding Body has been valued with a discount rate of 10% to reflect the net present value.

22

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

1 Accounting policies (continued)

l) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

m) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

n) Pensions

The Institute operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Institute in an independently administered fund. The pension cost charge represents contributions payable under the scheme by the Institute to the fund. The Institute has no liability under the scheme other than for the payment of those contributions.

o) Gains on disposal of subsidiary

These are calculated as the excess of discounted receipts over related discounted costs.

2
Parent charity results for the year
3
Donations and legacies
4
Costs of raising funds
Turnover
Net result of the charity
Events
Promotion of products
Hosting Fees
Staff costs
Gift aid donations from subsidiary undertakings
Other corporate donations
Gains on disposal of subsidiary
Expenditure		 2022
Total
£
1,048,356
(1,229,278)		 2021
Total
£
1,087,849
(1,468,488)
(180,921)
138,879
28,313		 (380,639)
293,841
138,644
(13,729) 51,846
2022
Total
£
17,000		 2021
Total
£
17,000
17,000 17,000
2022
Total
£
15,000
21,130
187,554
-
223,684		 2021
Total
£
14,930
20,700
102,070
15,163
152,863

23

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

5 Income from trading subsidiaries

The wholly owned trading subsidiary BIIBusiness, which is incorporated in the United Kingdom, donate taxable profits to the Institute by gift aid. A summary of their trading results is shown below.

The wholly owned trading subsidiaries, BII, The National Licensee's Certificate Awarding Body Ltd and Association for Personal Licence Holders have been dormant since incorporation.

The wholly owned subsidiaries, BII Benchmarking & Accreditation Services Ltd and BIIAB have been dissolved during 2022 and BIIAB Qualifications Limited was sold to the Skills and Education Group in March 2021

BIIBusiness Ltd undertakes the trading activities of the Institute.

Summary profit and loss accounts

Summary profit and loss accounts
BIIBusiness
2022 Total
£
Turnover
654,758
654,758
Contribution by BII
-
-
Cost of sales
(330,475)
(330,475)
Gross profit
324,283
324,283
Interest receivable
-
-
Administrative expenses
(102,448)
(102,448)
Net (loss)/profit
221,835
221,835
Taxation
-
-
Donation to the Institute
(28,313)
(28,313)
Retained in subsidiary
193,522
193,522
The assets and liabilities of the subsidiaries at 31 December:
Current assets
261,301
261,301
261,301
261,301
Aggregate share capital and reserves
Creditors: amounts falling due within one
2022		 BII
Benchmarking
& Accreditation
Services
-
26,058
(82)


BIIAB
-
185,168
(44,009)		 BIIAB
Qualifications
Ltd
198,408
-
(52,309)
2021

BIIBusiness
471,479
-
(237,453)		 2021 Total
£
669,887
211,226
(333,853)
25,976
-
-		 141,159
-
-		 146,099
-
(142,025)		 234,026
-
(266,510)		 547,260
-
(408,535)
25,976
-
-		 141,159
-
-		 4,074
-
(138,644)		 (32,484)
-
-		 138,725
-
(138,644)
25,976 141,159 (134,570) (32,484) 81
-
-		 -
-		 -
-		 497,360
690,884		 497,360
690,884
- - - (193,524) (193,524)
- - - (193,524) (193,524)

24

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

Charitable activities

2022

Staff costs (Note 8)
Office and office admin costs
Member benefits
Examination process costs
Consultancy - new qualifications growth strategy
Staff travel and motoring costs
Qualifications development and maintenance
Marketing
Events
Goods for resale
Professional fees
Council meetings and expenses
Membership processing costs
Other costs
Depreciation and loss on disposal of fixed assets
Support costs
Governance costs
Total expenditure 2022		 Membership
(continuing)
£
398,667
38,478
121,551
-
16,800
17,957
-
11,734
18,043
-
-
-
951
-
36,618
660,799
639,444
35,826
1,336,069		 Governance
costs
£
13,621
-
-
-
-
-
-
-
-
-
16,948
5,257
-
-
-
35,826
-
(35,826)
-		 Support
costs
£
477,313
120,325
-
-
-
14,529
-
-
9,044
-
-
-
-
18,233
-
639,444
(639,444)
-
-		 2022
Total
2021
Total
£
£
889,601
1,052,865
158,803
210,708
121,551
106,074
-
52,309
16,800
16,800
32,486
12,443
-
3,236
11,734
8,788
27,087
17,858
-
3,553
16,948
33,132
5,257
3,696
951
4,741
18,233
33,360
36,618
107,954
1,336,069
1,667,517
-
-
-
-
1,336,069
1,667,517

25

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

6b Analysis of charitable expenditure (prior year)

2021
Staff costs (Note 8)
Office and office admin costs
Member benefits
Examination process costs
Consultancy - new qualifications growth strategy
Staff travel and motoring costs
Qualifications development and maintenance
Marketing
Events
Goods for resale
Professional fees
Council meetings and expenses
Membership processing costs
Other costs
Depreciation and loss on disposal of fixed assets
Freelance & Temporary staff
Support costs
Governance costs
Total expenditure 2021		 Membership
(continuing)
£
£
397,743
82
106,074
-
16,800
6,575
-
8,788
17,858
-
-
-
4,741
-
36,170
594,831
792,953
41,358
1,429,142		 Charitable activities Charitable activities Governance
costs
£
13,568
-
-
-
-
-
-
-
-
-
25,669
3,696
-
-
-
42,933
-
(42,933)
-		 Support
costs
£
564,555
206,090
-
-
-
5,764
-
-
-
-
-
-
-
876
67,300
844,585
(844,585)
-
-		 2021
Total
£
1,052,865
210,708
106,074
52,309
16,800
12,443
3,236
8,788
17,858
3,553
33,132
3,696
4,741
33,360
107,954
Qualifications,
examinations
and education
(discontinued)
£
76,999
4,536
-
52,309
-
104
3,236
-
-
-
7,463
-
-
32,484
4,484
181,615
51,632
1,575
234,822		 Publications and
handbooks
(discontinued)
£
-
-
-
-
-
-
-
-
-
3,553
-
-
-
-
-
3,553
-
-
3,553
1,667,517
-
-
1,667,517

26

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

This is stated after charging Group
2022 2021
£ £
Depreciation 45,662 47,808
Profit on disposal of fixed assets - 33,501
Operating lease rentals:
Property 51,354 59,426
Other 5,777 5,071
Auditors' remuneration (excluding VAT):
Audit 15,000 16,000
Other services - 5,350

8 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Social security costs
Redundancy and termination costs
Other forms of employee benefits
Employer’s contribution to defined contribution pension schemes
Freelance & Temporary staff		 2022
£
758,554
-
73,589
56,450
-
16,008		 2021
£
859,641
27,500
82,943
56,641
21,510
19,560
904,601 1,067,795

The following number of employees received employee benefits (excluding employer pension costs and national insurance) during the year between:

national insurance) during the year between:
2022 2021
No. No.
£60,000 - £69,999 1 1
£70,000 - £149,999 - -
£150,000 - £159,999 1 1
£160,000 + - -

The total employee benefits including pension contributions and employer's national insurance of the key management personnel were £508k (2021: £531k).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £1,492 relating to attendance at meetings of the trustees.

27

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

9 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows:

Trading activities
Qualifications, examinations and education
Membership
Publications and handbooks
Support
Governance		 2022
No.
-
11.0
-
6.5
0.7
0.1		 2021
No.
1.7
9.1
0.2
7.7
0.7
0.1
18.3 19.5

10 Related party transactions

Steven Alton, CEO of BII is on the Skills and Education Group board and Paul Eeles CEO of Skills and Education Group is on the BII board. BII sold BIIAB Qualifications to the Skills and Education Group on 28th Feb 2021. BII will receive fixed and profit share consideration. In 2022 BII received £200,000 in relation to the fixed consideration and consultancy fees (2021: £338,196).

Accrued income for future fixed consideration at the year end was £288,169 (2021 £469,999).

During the year BII recharged £102,448 (2021: £196,451) to BIIBusiness for management and administration support. At the end of the year BIIBusiness owed BII £4,738 (2021: £565,366).

During the year BII paid KAM Media £1,950 + VAT where a trustee is the sole director. £0 was outstanding at the year end and all transactions were carried out on an arms length basis.

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

11 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. The charity's trading subsidiaries gift aid available profits to the parent charity.

28

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

12 Tangible fixed assets

The group

The group
Tangible fixed assets
At the end of the year
Net book value
At the start of the year
Disposals
At the end of the year
At the end of the year
Charge for the year
At the start of the year
Depreciation
Cost
At the start of the year
Additions in year
Disposals		 Computer
systems &
database
£
72,340
12,730
-

Computer
equipment
£
35,109
3,000
-
Office &
exhibition
equipment
£
-
-
-

Cycle to Work
£
-
4,062
-		 Total
£
107,449
19,792
-
85,070 38,109 - 4,062 127,241
36,170
37,398
-		 20,868
7,604
-		 -
-
-		 -
660
-		 57,038
45,662
-
73,568 28,472 - 660 102,700
11,502 9,637 - 3,402 24,541
36,170 14,241 - - 50,411

All of the above assets are owned by the charity & used for charitable purposes.

13 Investments

Investment in unquoted subsidiary undertakings, at cost

The charity
2022 2021
£ £
- -

14 Debtors: amounts falling due after one year

Debtors: amounts falling due after one year
Accrued income 2022
2021
£
£
205,525
288,170
The group		 2022
2021
£
£
205,525
288,170
The charity
205,525 288,170 205,525 288,170

This represents proceeds from Skills and Education Group over the next 4 years for the sale of the awarding body . BII is also entitled to a portion of profits of BIIAB up to 2026. However, the profit share cannot currently be ascertained with reasonable certainty, and is therefore a contingent asset and is not recognised as income as at the balance sheet date.

29

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

15 Debtors: amounts falling due within one year

Debtors: amounts falling due within one year
Trade debtors
Amounts due from group undertakings
Prepayments
Accrued Income		 2022
2021
£
£
65,594
84,962
-
212,433
181,818
97,634
37,774
The group		 2022
2021
£
£
5,904
44,123
127,094
565,366
212,433
181,818
50,613
34,227
The charity
375,661 304,554 396,044 825,534

This includes profit share income for the sale of BIIAB for their year ending Aug 2022.

16 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
VAT
Trade creditors
Deferred income
Pension
Accruals
Taxation and social security		 2022
2021
£
£
32,117
31,167
19,762
22,923
19,267
34,993
132,326
225,859
8,389
7,443
384,172
400,060
The group		 2022
2021
£
£
17,053
19,515
19,762
22,923
19,267
34,993
130,326
223,379
8,389
7,443
267,030
288,676
The charity
596,033 722,445 461,827 596,929

17 Deferred income

Deferred income comprises advance payments for services not yet delivered as well as subscription income received which relates to a future period.

Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year		 2022
2021
£
£
400,060
549,435
(400,060)
(549,435)
384,172
400,060
The group		 2022
2021
£
£
400,060
549,435
(400,060)
(549,435)
384,172
400,060
The group		 2022
2021
£
£
288,676
332,824
(288,676)
(332,824)
267,030
288,676
The charity		 2022
2021
£
£
288,676
332,824
(288,676)
(332,824)
267,030
288,676
The charity
384,172 400,060 267,030 288,676

30

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2022

18 Reconciliation of net income to net cash flow from operating activities

Net income / (expenditure) for the reporting period
(as per the statement of financial activities)
Depreciation charges
(Profit)/loss on disposal of subsidiary
Other non-cash movements relating to disposal of subsidiary
Loss on disposal of fixed assets
Dividends, interest and rent from investments
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by / (used in) operating activities
19
Analysis of cash and cash equivalents
Cash at bank and in hand
Total cash and cash equivalents		 At 1 January
2022
£
1,050,518		 2022
£
179,795
45,662
(138,879)
-
(1,229)
-
(40,492)
(35,503)		 2021
£
51,929
47,808
(293,841)
(133,326)
33,501
(2,323)
4,891
260,188
(427,038)
9,354 (458,211)

Cash flows
£
90,791		 £
1,141,309
At 31
December
2022
1,050,518 90,791 1,141,309

20 Operating lease commitments

The group and charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:

follows for each of the following periods:
One to five years
Less than one year		 2022
2021
£
£
53,740
52,400
107,840
120,000
Buildings		 2022
2021
£
£
4,835
5,777
2,511
6,216
Other
161,580 172,400 7,346 11,993

21 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

31