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2024-12-31-accounts

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

The British Institute of Innkeeping Report and financial statements For the year ended 31 December 2024

The British Institute of Innkeeping

Contents

For the year ended 31 December 2024

Reference and administrative information ...................................................................................... 1 Council’s annual report .................................................................................................................. 3 Independent auditor’s report ....................................................................................................... 14 Statement of financial activities (incorporating an income and expenditure account) ................... 19 Balance sheet ............................................................................................................................... 20 Consolidate statement of cash flows ............................................................................................ 21 Notes to the financial statements ................................................................................................. 22

The British Institute of Innkeeping

Reference and administrative information

For the year ended 31 December 2024

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:
Amanda Hemming
Bruce Cuthbert (Resigned on 10 Sept 2024)
Chris Black
Gregory Mangham
James Nye
Jeremy Scorer (Appointed on 10 Sept 2024)
Joanne Graham
Katy-Anne Hamilton
Kelly McCarthy
Matthew Phipps (Resigned on 10 Sept 2024)
Mark Robson (Chair)
Paul Eeles (Resigned on 10 Oct 2024)
Philip Strong (Resigned on 10 Sept 2024)
Piers Warne (Appointed on 10 Sept 2024)
Stephen Owens
Timothy Smith

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The British Institute of Innkeeping

Reference and administrative information

For the year ended 31 December 2024

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
Secretary Gill Cooper (Resigned on 10 Sept 2024)
Shila Singh (Appointed on 10 Sept 2024)
Bankers Barclays Bank
Leicester
LE87 2BB
Auditor Sayer Vincent LLP
Chartered Accountants and Statutory Auditors
110 Golden Lane
LONDON
EC1Y 0TG

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

The Council present their report and the audited financial statements for the year ended 31 December 2024.

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 remains 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. Professional standards, training and sharing best practice & innovation is at the heart of the approach of the BII.

In delivering the above object the BII has a very clear purpose to do all it can to keep pubs thriving at the heart of every community which brings together its key activities;

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

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

Our members have faced another challenging trading year with ongoing high operational costs through embedded inflation in food & drink costs, high energy costs and rapidly rising employment costs. In addition, many members have reported significant changes in customer trends with low trade later in the evening, reduced visits, reduced spend per head and an increasing number seeking low or non-alcoholic drinks. This environment presents significant challenges to our members. Through our regular membership insight surveys and extensive direct calls to members, the membership team conduct circa 60,000 call per annum targeting three calls per annum to each member, the BII team are clear on member priorities; business growth, implementing lean and sustainable practices and making representation to Government for targeted support.

Our representations to Government at all levels, ministers, MPs and officials, has been based upon creating a fairer tax environment for our members. Pubs are heavily exposed to property and employments costs and taxes. Whilst a welcome extension to the existing business rates relief is in place until April 2025 the announcements in the autumn budget are incredibly disappointing for our

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

members. In particular the increase in National Insurance Contributions (NICs) for employers including changing the threshold bringing many part time workers into scope for NICs and the reduction in Business Rates relief, which more than doubles these costs. We have conducted numerous member insight surveys throughout the year and, the one we conducted after the budget was announced captured that 80% of our members expect to be unprofitable when the new taxes are implemented in April 2025. We continue to make representations for our members sharing their trading realities and campaigning for rapid change in the high level of taxation pubs are facing.

The BII CEO has regular direct meeting with Ministers, MPs and officials and alongside industry colleagues via membership of the Hospitality Sector Council and the All-Party Parliamentary Beer Group. In addition to creating a fair tax environment we campaign for positive change in simplification of legislation and removing barriers for small pub operators to access key Government business initiatives. Through sharing the economic, skilled employment and social value of pubs we encourage Government to create the right conditions for our members pubs to thrive at the heart of every community. Our members have prioritised a lower rate of VAT for pubs, a fundamental reform of the unfair business rates systems and reducing barriers to employment.

With a change of Government this year the BII team have successfully re-engaged the new lead Ministers supported by effective relationships with officials that has provided a degree of continuity. In addition to this direct activity, we have asked members to engage their local MPs, over 300 new MPs are now in Westminster, to showcase their pub businesses, demonstrate their positive impact in its community and gain their MPs support for their local pub. The #MyPub campaign has also been supported through sharing any pubs achieving BII awards directly with MPs through letters. This has resulted in a number of MPs reaching out to their local pubs to congratulate them on their achievements. We will continue to support members gain the vital support of their local MPs.

The whole BII team remains passionate about its clear purpose to keeping pubs thriving at the heart of every community . The team continues to focus on continually improving engagement levels across all platforms, holding regular reviews of impact and collaborates with partners across the sector for the benefit of its members. The membership team continues to grow targeting three contacts per member each year and has made circa 60,000 calls in 2024. The calls continue to be very well received by members, allow us to signpost them to key resources depending upon their immediate needs and provide an invaluable source of regular insight.

Our members place great value on the independent advice of our specialist helplines, continuing to rank number one for value of all benefits. Calls to all helplines have increased significantly in 2024. Our legal and licensing helplines have received circa 400 calls, employment law circa 1000 calls and our Pubco and Landlord helpline, with provides clear guidance on the rights, obligations and options for licensees when tackling key relationship issues has received circa 400 calls. This has continued to rise in the early weeks in 2025 which is expected to accelerate with the trading challenges being faced. Our partners also support us with providing extensive proactive information on key issues which we feature in our weekly email digest on key issues, INNFocus. This email provides direct links to key briefing materials and actionable guides including impact of tax changes,

The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

implementation of tipping legislation (TRONC) and advice around key safety trends including drinks spiking.

In addition to our expert helplines we continue to grow our network of Accredited Advisors in the three core areas of Chartered Surveyors, Accountants and Solicitors. This ensures our members can access the highest professional level of advice when tackling key lifecycle events i.e. when entering into an agreement or considering business investments. This network is supported by expert industry panels setting the rules for accreditation and conducting the accreditation assessment and professional interview. The Accredited Advisor network will continue to grow in 2025 and will be expanded to include additional disciplines.

Supporting the increasing number of new licensees coming into the trade is a key priority for the BII. We continue to promote and see high take up of the BII Pre Entry Awareness Training (PEAT) course which ensures new licensees understand all the areas they must consider to effectively operate a pub. We have 19 leased and tenanted estate pub companies that now support their licensees with paid membership of the BII. As a key part of this agreement the BII provides access to membership for any potential licensee considering an agreement with these companies which allows them to access all the resources of the BII including access to the Accredited Advisor network to get independent expert support before entering into agreement. This is clearly to the benefit of all parties and ensure licensees are clear on their rights, obligations and have a sustainable business plan in place.

We also continue to grow the BII’s Trusted Partner network expanding into a wider set of essential capabilities, products and services for our members tailored around member priorities. We continue to engage all Trusted Partners to develop specific content and insight on key themes. We operate a Partners Event which engages all partners in a face to face event to share BII developments, hear directly from BII members on their trading realities and creates an opportunity for networking.

The BII focuses 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) both continue to grow and develop. They 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.

We have also developed the BII Sustainability Champion Award designed to recognise best practice in sustainability. The award is available for all pub operators delivering key activities in energy reduction, waste reduction, sustainable procurement and engaging customer & staff in their approach. This has awarded over 650 operators and provides a platform to promote sustainability in pubs, highlight the commercial opportunities through lean operating & engaging customers with sustainable options. We continue to work closely with the Zero Carbon Forum is supporting our award and best practice assets for our members.

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

The BII People Conference and NITAs was held in November in London with a full capacity day and evening event. This year’s People Conference content was designed around core themes of authentically engaging teams, male mental health and innovation in wellbeing & professional development. The event was supported by industry experts and leading operators with recognised expertise in professional development, wellbeing and developing resilience in teams. Our circa 300 guests were from across the sector; BII members & Ambassadors, pub operator people teams and industry partners.

The evening provided a platform to celebrate our National Innovation in Training Award winners. With a wide range awards recognising the very best in training, development and wellbeing. A highlight was the award of two Apprentices of the Year with two outstanding winners.

In June the BII Summer Event was held again at the HAC in London to a capacity crowd of circa 900 people. The event provides a platform to celebrate our Licensee of the Year Award (LOYA) finalists and eventual winners. At the event a number of proven current 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. Our winner this year is a community wet-led sports pub at the heart of Burnley led by an outstanding young female operator, Justine Lorriman. All of our finalists reflected the diversity of our memberships with food-led, wet-led, sports bar, city centre and rural operators. Justine has been a powerful Ambassador for the BII throughout 2024 supporting our events and engaging wider stakeholders including Government.

Membership, despite the challenges, has remained strong at over 13,000. The BII team continue to pursue further opportunities for 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 reconfirmed the most valued benefits including the helplines, INNFocus and a continued importance of the representation of independent pubs into Government. Our further growth will unlock further opportunities to grow our membership capabilities for the benefit of all members.

The BII team have very proudly launched a new membership platform for pub team members, BII Workforce. This platform has been designed to inspire and support their careers within our sector. This provides our core members with capabilities for their team members around professional development, career advice, wellbeing resources, individual perks and a large set of podcasts and blogs sharing stories from people developing their careers alongside experts. With the support of the BIIAB, Sky Sports and the Licensed Trade Charity as foundation partners we have been able to create this membership platform and provide it free of charge to pub team members. With a fully developed suite of information, tools and resources we are now targeting significant growth in the years ahead.

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

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. Despite challenges across the pub and education sectors, the partnership has grown and we are pleased that the BIIAB have supported our new Workforce membership platform.

Overall levels of qualifications have remained strong in particular with APLH and security awards. Apprenticeship end point assessment is still very slow to grow in line with the broader market. We are pleased to have now become a BIIAB accredited learning centre late in 2024 and will be launching a number of online training packages in 2025 starting with APLH which fits really well with our complete support for new licensee entrants to 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. These benefits will be further enhanced through BII Workforce which has been specifically designed to inspire team members to develop their careers in the pub sector.

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 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 #MyPub campaign will continue to be 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, many new, 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 the 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. The BII CEO is an active director of the Best Bar None organisation and has now been appointed Vice-Chair.

Financial review

The BII team look to fully deploy all its revenues into services delivering value to its members. Budgets are constructed to create a small surplus to ensure the charity has the resilience to cope with any market, member or cost changes throughout the year. This year we have chosen, supported

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

by strong reserves generated through the sale of the BIIAB, to invest further with additional people to drive more member engagement and launch and manage our Workforce membership platform.

The BII is in a robust financial position to cope with any exceptional pressures and still invest for the future. The Senior Leadership Team (SLT) continue to develop plans for large scale investment that will return the maximum benefit to members. In addition to this the SLT continue to invest in core services and capabilities. They continue to work extremely hard to reduce overheads to a viable minimum allowing further investment in team members to drive member value.

Reserves

Our reserves policy has been reviewed and updated with an aim to ensure the support to members is protected from the risk of disruption due to any potential future lack of funds. The target level for reserves is £1m (2023 £700,000) and is subject to an on-going review.

Strong cash management has continued through this year which has allowed a further improvement in cash reserves to around £1.8m (2023 £1.5m). Free reserves held by the group were also £1.7m (2023 £1.5m) (unrestricted funds less the net book value of tangible fixed assets) at the year end. This improved position stems from the proceeds from the sale of the BIIAB and ongoing profit share.

During 2024 the council decided to add a further £550k into a longer-term investment portfolio, taking the total capital investment to £1,450k (2023 £900k), with a view to help cover inflationary costs increases, at the end of the year the value had increased by £106,312 (2023 £32,420).

The value of total cash and investment exceed the target value of reserves by £872k, and this will continue whilst we are receiving a profit share from the sale of BIIAB. Overall funds being accumulated beyond the reserves policy will be used for a number of defined capital investment programs for the benefit of the membership.

Going concern

The council are very pleased with the further improved cash and investment position in 2024. A small operating deficit, through accelerated investment in people, has supported the delivery of core membership services. Overall the team continues to focus on effective and lean approach to operating cost. 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.

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

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 developing well and alongside the launch of Workforce early in 2024 further progress in volumes of qualifications and apprenticeships are expected which will benefit the BII directly through the partnership.

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 pub businesses potentially fail due to the cost of doing business, with escalating costs in energy, food & drink, labour and additional Government taxation. The sector has actually seen relatively low failure so far with high interest in both acquiring and operating pubs. We are keeping this under regular review and have budgeted for a modest level of lost members in our free trade membership portfolio.

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. This also supports BII’s ability to provide free membership and access to all our independent expert advice to prospective licensees prior to taking a pub agreement. The membership base remains broadly split between free trade, leasehold and tenanted licensees providing further resilience in the longer term.

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 very highest standard. Checking in with members and gaining their feedback is critical to ensure members priorities are addressed, the growth in the membership team has significantly accelerated this. 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 increase membership in the medium term to 20,000 members and is confident 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

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

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’s new membership offer for team members, BII Workforce has provided a platform to inspire, support and develop their careers and retention to the sector. This membership platform has been developed by a group of key partners and will be target scale growth of members in 2025.

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 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.

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.

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

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

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:

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, the application of resources, including the income and expenditure, of the charitable

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The British Institute of Innkeeping

Council’s annual report

For the year ended 31 December 2024

company or group for that period. In preparing these financial statements, the Council are required to:

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 2024 was 12 (2023: 14). 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 12 June 2025 and signed on their behalf by

Mark Robson Chairman

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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 2024 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.

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

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Independent auditor’s report

To the members of

The British Institute of Innkeeping

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:

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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.

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:

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Independent auditor’s report

To the members of

The British Institute of Innkeeping

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.

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

17

Independent auditor’s report

To the members of

The British Institute of Innkeeping

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)

7 July 2025

for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG

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

18

The British Institute of Innkeeping

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

For the year ended 31 December 2024

Note
Income from:
3
4
6
7
Net movements in funds
Reconciliation of funds:
Interest
Total income
Expenditure on:
Donations and legacies
Charitable activities
Other trading activities
Membership
Net income before other recognised gains and losses
Gains on disposal of subsidiary
Net income for the year
Raising funds
Total expenditure
Charitable activities
Membership
Net investment revaluation
Total funds brought forward
Total funds carried forward		 2024
Total
£
11,333
1,123,659
671,799
6,305
1,813,096
231,516
1,616,336
1,847,852
(34,756)
225,241
106,312
296,797
296,797
1,539,556
1,836,353		 2023
Total
£
17,000
972,757
700,362
2,321
1,692,440
245,875
1,409,355
1,655,230
37,210
318,923
32,420
388,553
388,553
1,151,003
1,539,556

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.

19

The British Institute of Innkeeping

Company no. 1601185

Balance sheets

As at 31 December 2024

2024
2023
Note
£
£
Fixed assets:
12
104,160
19,684
13
1,588,732
932,420
14
262,466
130,393
1,955,358
1,082,497
Current assets:
15
263,530
446,215
284,112
593,863
547,642
1,040,078
Liabilities:
16
666,647
583,019
(119,005)
457,059
1,836,353
1,539,556
1,836,353
1,539,556
1,836,353
1,539,556
-
-
Total unrestricted funds
1,836,353
1,539,556
1,836,353
1,539,556
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		 2024
2023
Note
£
£
Fixed assets:
12
104,160
19,684
13
1,588,732
932,420
14
262,466
130,393
1,955,358
1,082,497
Current assets:
15
263,530
446,215
284,112
593,863
547,642
1,040,078
Liabilities:
16
666,647
583,019
(119,005)
457,059
1,836,353
1,539,556
1,836,353
1,539,556
1,836,353
1,539,556
-
-
Total unrestricted funds
1,836,353
1,539,556
1,836,353
1,539,556
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		 2024
2023
Note
£
£
Fixed assets:
12
104,160
19,684
13
1,588,732
932,420
14
262,466
130,393
1,955,358
1,082,497
Current assets:
15
263,530
446,215
284,112
593,863
547,642
1,040,078
Liabilities:
16
666,647
583,019
(119,005)
457,059
1,836,353
1,539,556
1,836,353
1,539,556
1,836,353
1,539,556
-
-
Total unrestricted funds
1,836,353
1,539,556
1,836,353
1,539,556
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		 2024
2023
£
£
104,160
19,684
1,588,733
932,421
262,466
130,393
The charity		 2024
2023
£
£
104,160
19,684
1,588,733
932,421
262,466
130,393
The charity
1,955,358
263,530
284,112		 1,082,497
446,215
593,863		 1,955,359
242,411
122,908		 1,082,498
484,472
414,374
547,642
666,647		 1,040,078
583,019		 365,319
484,324		 898,846
441,788
(119,005) 457,059 (119,005) 457,058
1,836,353 1,539,556 1,836,354 1,539,557
1,836,353 1,539,556 1,836,354 1,539,557
1,836,353
-		 1,539,556
-		 1,836,354
-		 1,539,557
-
1,836,353 1,539,556 1,836,354 1,539,557
1,836,353 1,539,556 1,836,354 1,539,557

Approved by the trustees on 12 June 2025 and signed on their behalf by

Mark Robson Chairman

20

The British Institute of Innkeeping

Consolidated statement of cash flows

For the year ended 31 December 2024

Note
£
£
18
57,776
6,305
277,233
(101,064)
(550,000)
(367,526)
(309,751)
593,863
19
284,112
Cash flows from operating activities
Net cash used in investing activities
Net cash provided by operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets
2024
Net proceeds from sale of subsidiary
Purchase of Investments
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		 Note
£
£
18
57,776
6,305
277,233
(101,064)
(550,000)
(367,526)
(309,751)
593,863
19
284,112
Cash flows from operating activities
Net cash used in investing activities
Net cash provided by operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets
2024
Net proceeds from sale of subsidiary
Purchase of Investments
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		 Note
£
£
18
57,776
6,305
277,233
(101,064)
(550,000)
(367,526)
(309,751)
593,863
19
284,112
Cash flows from operating activities
Net cash used in investing activities
Net cash provided by operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets
2024
Net proceeds from sale of subsidiary
Purchase of Investments
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		 £
£
74,820
2,319
284,773
(9,359)
(900,000)
(622,267)
(547,447)
1,141,310
593,863
2023		 £
£
74,820
2,319
284,773
(9,359)
(900,000)
(622,267)
(547,447)
1,141,310
593,863
2023
284,112 593,863

21

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

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 2024 consolidate the results of the charitable company and its wholly-owned subsidiary BIIBusiness Ltd on a line by line basis. Transactions and balances between the charitable company and its subsidiaries have been eliminated from the consolidated financial statements. Balances between the two 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.

22

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

1 Accounting policies (continued)

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.

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.

2024 2023
Membership 59% 65%
Support costs 36% 30%
Governance costs 1% 1%
Trading 4% 4%

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.

100% 100%

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.

23

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

1 Accounting policies (continued)

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:

Computer equipment 33%
Computer systems and database 50%
Fixtures and fittings 20%
Cycle to work 33%

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 BIIAB Qualifications limited has been valued with a discount rate of 10% to reflect the net present value.

k) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

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.

24

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

2
Parent charity results for the year
3
Donations and legacies
4
Costs of raising funds
Turnover
Net result of the charity
Events
Other costs
Hosting Fees
Staff costs
Gift aid donations from subsidiary undertakings
Other corporate donations
Gains on disposal of subsidiary
Expenditure		 2024
Total
£
1,546,434
(1,478,035)		 2023
Total
£
1,241,836
(1,293,450)
68,399
225,241
3,157		 (51,614)
318,924
121,243
296,797 388,553
2024
Total
£
11,333		 2023
Total
£
17,000
11,333 17,000
2024
Total
£
15,000
15,790
196,101
4,625		 2023
Total
£
15,000
17,339
210,386
3,150
231,516 245,875

25

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

5 Income from trading subsidiaries

The wholly owned trading subsidiary BIIBusiness, which is incorporated in the United Kingdom, donates taxable profits to the Institute by gift aid. A summary of their trading results is shown below. The wholly owned trading subsidiary, BII, has been dormant since incorporation. BIIBusiness Ltd undertakes the trading activities of the Institute.

Summary profit and loss accounts

Summary profit and loss accounts
Turnover
Contribution by BII
Cost of sales
Gross profit
Interest receivable
Administrative expenses
Net (loss)/profit
Taxation
Donation to the Institute
Retained in subsidiary
The assets and liabilities of the subsidiaries at 31 December:
Current assets
Aggregate share capital and reserves
Creditors: amounts falling due within one year		 BIIBusiness
£
654,556
-
(381,702)
272,854
-
(269,697)
3,157
-
(3,157)
-
264,936
(264,936)
-
-
2024		 BIIBusiness
£
720,600
-
(361,781)
2023
358,819
-
(237,576)
121,243
-
(121,243)
-
237,978
(237,978)
-
-

26

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

Charitable

2024
Staff costs (Note 8)
Office and office admin costs
Member benefits
Training
Consultancy
Staff travel and motoring costs
Marketing
Events
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 2024		 Membership
£
£
590,124
61,627
153,646
7,371
-
16,362
7,738
17,901
-
-
3,718
-
10,931
869,418
705,405
41,513
1,616,336		 Governance
costs
£
10,211
-
-
-
-
-
-
-
20,452
10,850
-
-
-
41,513
-
(41,513)
-		 Support
costs
£
520,443
156,904
-
-
-
25,794
-
-
-
-
-
2,264
-
705,405
(705,405)
-
-		 2024
Total
2023
Total
£
£
1,120,778
986,818
218,531
160,850
153,646
131,434
7,371
-
-
4,800
42,156
43,236
7,738
16,484
17,901
20,873
20,452
20,885
10,850
8,728
3,718
3,221
2,264
(2,189)
10,931
14,215
1,616,336
1,409,355
-
-
-
-
1,616,336
1,409,355

27

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

6b Analysis of charitable expenditure (prior year)

Charitable

2023
Staff costs (Note 8)
Office and office admin costs
Member benefits
Consultancy - new qualifications growth strategy
Staff travel and motoring costs
Marketing
Events
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 2024		 Membership
£
£
484,880
33,061
131,434
4,800
20,510
16,484
20,873
-
-
3,221
730
3,577
719,570
646,672
43,113
1,409,355		 Governance
costs
£
13,500
-
-
-
-
-
-
20,885
8,728
-
-
-
43,113
-
(43,113)
-		 Support
costs
2023
Total
£
£
488,438
986,818
127,789
160,850
-
131,434
-
4,800
22,726
43,236
-
16,484
-
20,873
-
20,885
-
8,728
-
3,221
(2,919)
(2,189)
10,638
14,215
646,672
1,409,355
(646,672)
-
-
-
-
1,409,355

28

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

This is stated after charging Group
2024 2023
£ £
Depreciation 10,931 14,216
Operating lease rentals:
Property 53,737 51,354
Other 5,651 5,458
Auditors' remuneration (excluding VAT):
Audit 15,363 15,946

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:
Employer’s contribution to defined contribution pension schemes
Other forms of employee benefits
Freelance & Temporary staff
Salaries and wages
Social security costs
Redundancy and termination costs		 2024
£
932,017
12,681
81,641
75,137
-
34,302		 2023
£
824,577
22,042
78,280
58,305
-
18,614
1,135,778 1,001,818

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:
2024 2023
No. No.
£60,000 - £69,999 1 1
£70,000 - £79,999 1 -
£160,000 £169,998 - 1
£170,000 £179,999 1 0

The total employee benefits including pension contributions and employer's national insurance of the key management personnel were £575k (2023: £537k).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). No charity trustee received payment for professional or other services supplied to the charity (2023: £nil).

Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £1,812 (2023 £477) relating to attendance at meetings of the trustees.

29

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

9 Staff numbers

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

Trading activities
Membership
Support
Governance		 2024
No.
16.2
7.0
1.0
0.1		 2023
No.
14.1
7.0
0.7
0.1
24.3 21.9

The full time equivalents number of employees (head count based on a 35 hour week) during the year was as follows:

Membership
Support
Trading activities
Governance		 2024
No.
15.0
6.3
1.0
0.1		 2023
No.
13.1
6.3
0.7
0.1
22.4 20.1

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 2024 BII received £100,000 in relation to the fixed consideration and consultancy fees (2023: £100,000).

Accrued income for future fixed consideration at the year end was £130,393 (2023 £205,525)

During the year BII recharged £269,976 (2023: £237,576) to BIIBusiness for management and administration support. At the end of the year BIIBusiness owed BII £82,613 (2023: £125,409).

During the year BII paid KAM Media £2,250 + VAT (2023 £2,250 + 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.

During the year BII paid Amanda Hemming £5,456 (2023 £0) where a trustee has been selected as a judge for the Licensee of the Year award. £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.

30

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

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.

12 Tangible fixed assets

The group

The group
Tangible fixed assets
At the end of the year
At the end of the year
At the end of the year
Net book value
Charge for the year
At the start of the year
Depreciation
Cost
At the start of the year
Additions in year
Disposals
At the start of the year
Disposals		 Computer
systems &
database
£
90,881
97,697
(6,558)
182,020
79,606
5,585
(900)
84,291
97,729
11,275		 Computer
equipment
£
38,539
2,299
(8,885)
31,953
Cycle to
Work
£
4,062
1,068
-
5,130		 Total
£
133,482
101,064
(15,443)
219,103
32,012
3,979
(8,886)
27,105		 2,180
1,367
-
3,547		 113,798
10,931
(9,786)
114,943
4,848 1,583 104,160
6,527 1,882 19,684

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

13 Investments

Investments
At the start of the year
Additions in year
Disposals
Investment gain
At the end of the year		 2024
2023
£
£
932,420
-
550,000
900,000
-
-
106,312
32,420
1,588,732
932,420
The group		 2024
2023
£
£
932,421
1
550,000
900,000
-
106,312
32,420
1,588,733
932,421
The charity
932,420 1,588,733 932,421

31

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

14 Debtors: amounts falling due after one year

Debtors: amounts falling due after one year
Accrued income 2024
2023
£
£
262,466
130,393
262,466
130,393
The group		 2024
2023
£
£
262,466
130,393
262,466
130,393
The charity
130,393 262,466 130,393

This represents proceeds from Skills and Education Group over the next 2 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. The profit share is recognised when the profit has been

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		 2024
2023
£
£
163,509
154,229
35,838
219,897
64,183
72,089
263,530
446,215
The group		 2024
2023
£
£
78,431
108,205
82,614
96,747
35,838
219,897
45,528
59,623
242,411
484,472
The charity
446,215 242,411 484,472

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		 2024
2023
£
£
49,255
29,578
36,720
19,299
36,810
44,111
36,260
19,692
14,750
9,236
492,852
461,103
666,647
583,019
The group		 2024
2023
£
£
32,731
22,073
36,720
19,299
36,810
44,111
23,231
14,612
14,750
9,236
340,082
332,457
484,324
441,788
The charity
583,019 484,324 441,788

32

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

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		 2024
2023
£
£
461,103
384,172
(461,103)
(384,172)
492,852
461,103
492,852
461,103
The group		 2024
2023
£
£
461,103
384,172
(461,103)
(384,172)
492,852
461,103
492,852
461,103
The group		 2024
2023
£
£
332,457
267,030
(332,457)
(267,030)
340,082
332,457
340,082
332,457
The charity		 2024
2023
£
£
332,457
267,030
(332,457)
(267,030)
340,082
332,457
340,082
332,457
The charity
461,103 340,082 332,457

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
Other non-cash movements relating to disposals
(Profit) on disposal of subsidiary
Gains on investment
Dividends, interest and rent from investments
(Increase) in debtors
Increase in creditors
Net cash provided by / (used in) operating activities
Analysis of cash and cash equivalents
Cash at bank and in hand
Total cash and cash equivalents		 At 1 January
2024
£
593,863		 2024
£
296,797
10,931
5,657
(225,241)
(106,312)
(6,305)
(1,379)
83,628		 2023
£
388,553
14,216
-
(318,924)
(32,420)
(2,321)
(63,088)
88,804
57,776 74,820

Cash flows
£
(309,751)		 £
284,112
At 31
December
2024
593,863 (309,751) 284,112

19 Analysis of cash and cash equivalents

33

The British Institute of Innkeeping

Notes to the financial statements

For the year ended 31 December 2024

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		 2024
2023
£
£
43,157
53,740
-
43,157
43,157
96,897
Buildings		 2024
2023
£
£
5,651
5,458
7,007
6,538
12,658
11,996
Other
96,897 12,658 11,996

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.

34