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← Beat (Formerly Eating Disorders Association)

2024-09-30-accounts

Company number: 02368495 Charity number: 801343 OSCR: SC039309

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Report and financial statements For the period ended 30 September 2024

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Contents

For the period ended 30 September 2024

Reference and administrative information ....................................................................... 1 Trustees’ annual report .................................................................................................. 2 Independent auditor’s report ........................................................................................ 20 Statement of financial activities (incorporating an income and expenditure account) .... 25 Balance sheet ............................................................................................................... 26 Statement of cash flows ................................................................................................. 27 Notes to the financial statements ................................................................................. 28

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Reference and administrative information

For the period ended 30 September 2024

Company number 02368495 Country of incorporation United Kingdom Charity number 801343 and SCO39309 Country of registration England & Wales and Scotland Registered office address 1 Chalk Hill House 19 Rosary Road Norwich Norfolk NR1 1SZ

Trustees Trustees, who are also directors under company law, who served during the period and up to the date of this report were as follows:

Mike Cooke Chair Valerie Jolliffe Treasurer Dr Stephen Anderson (resigned 17/09/2024) Jo Bennett (resigned 31/12/2024) Robin Hepburn (resigned 26/09/2024) Adam Leigh (resigned 13/05/2024) Neil Roskilly (resigned 13/06/2023) Emily Rothwell David Smart Dr Selma Stafford (appointed 13/06/2023) Key management Andrew Radford Chief Executive Officer (until 30/11/24) personnel Robin Hepburn Interim Chief Executive Officer (from 1/11/24) Caroline Price Director of Services (to 17/12/24) Tom Quinn Director of External Affairs Claire Reynolds Director of Finance and Resources Philip Roethenbaugh Director of Marketing and Income Generation (to 30/05/2023) Hannah Bloom Director of Marketing and Income Generation (from 18/09/2023 to 21/03/2024) Justine Black Director of Fundraising (from 10/02/2025) Bankers NatWest 21 Gentlemans Walk, Norwich, NR2 1NA CCLA One Angel Lane, London, EC4R 3AB

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Reference and administrative information

For the period ended 30 September 2024

Auditor Sayer Vincent LLP Chartered Accountants and Statutory Auditor 110 Golden Lane LONDON, EC1Y 0TG

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

The Trustees present their report and the audited financial statements for the 18-month period ended 30 September 2024. In recent years it has become apparent that the coincidence of public sector year end and Beat’s year end has made budgeting more difficult because of the unknown position on much of our public sector income. The Board, therefore, took the decision in February 2024 to change the financial Year End to 30 September, which has resulted in this Annual Report covering an eighteen-month period.

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, the requirements of a directors’ report as required under company law, 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

Beat exists to end the pain and suffering caused by eating disorders.

We do this by working directly with sufferers and their families, and by using that experience to highlight the challenges they face and to campaign for change in public policy. We work both nationally and locally and focus on three priority areas: early intervention, family and carer empowerment and prevention and cure.

We produce information to alert people to the early signs of an eating disorder, what to do about them and how to support someone who falls ill. We help people to understand their illness, guide them to seek medical help, and support them to ensure they get the treatments to which they are entitled.

We work with others to produce research that highlights the challenges and inequalities faced by people affected by eating disorders, and we campaign for increased public sector resourcing for eating disorders, reduced waiting times and better education on eating disorders for health and medical professionals.

The Trustees review the aims, objectives and activities of the charity periodically. The review also helps the Trustees ensure the charity's aims, objectives and activities remain focused on its stated purposes. This report sets out what the charity has achieved and the outcomes of its work in this reporting period. The Trustees report 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.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

The Trustees refer to 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 Trustees consider how planned activities will contribute to the aims and objectives that have been set.

Our Strategy

Our five-year strategy for 2019-25 covering the period of this report and sets out how we will make the greatest possible progress on our priorities of early intervention, family empowerment, and prevention and cure.

Specifically, our goals during this period have been for:

To achieve the goals of our 2019-25 strategy, all our activities have been geared towards:

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

Achievements and performance

The charity's main activities and who it tries to help are described below. Our key areas of work are:

Supporting beneficiaries

Beat offers both telephone and digital support services. In the eighteen months ended 30 September 2024, we delivered 80,970 individual support sessions which included phone calls, web chats, emails, online groups and a wide range of individual support programmes for people with eating disorders and their carers.

In addition to our one-to-one support services, during this period we also delivered a number of group training sessions designed to enable carers of someone with an eating disorder to better support their loved one:

We continue to provide POD (Peer support and Online Development) which is our online platform for anyone caring for someone with an eating disorder. POD combines training, peer support and other resources in one easy-to-navigate online platform. Between April 2023 and September 2024, we saw 5528 new sign ups to POD. The total number of users registered on POD at the end of September 2024 was 15,412.

Our Amplify programme helps people to overturn decisions that deny them treatment, support or information. We continued to pilot this programme and in the period ended 30 September 2024 we helped 15 people to challenge bad decisions and we helped them achieve success in 100% per cent of cases.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

Empowering professionals

Empowering professionals to better support people with eating disorders and their carers remains an important aspect of our work. ‘Beyond the Symptoms’ is video-call training course for clinicians, delivered over two half-days, followed by access to regular online peer support community of practice. The course aims to help clinicians to be better able to spot the signs of an eating disorder, make earlier referrals and provide appropriate support. We provided this training to 1,035 professionals during this period.

Our online platform for schools professionals (SPOT) saw 1,892 new sign-ups during the period giving total users at September 2024 of 5,958.

Finally, we continued to deliver our ‘Spotting the Signs’ online training, for secondary schools. During this period, we ran 4 courses providing training for 36 teaching staff. We also ran one university training course and 4 awareness sessions.

Our workshops for professionals are now established events and during this period we ran successful online and in person workshops in collaboration with various eating disorder professionals on the following areas:

Further to these open workshops we were commissioned and delivered whole team training on eating disorders over 4 days on behalf of NHS England.

Changing policy and practice

Our campaign to increase funding for eating disorder research has continued to bear fruit. The coalition of funders behind the £4.25m investment we secured have funded four research projects intended to address the ‘vicious cycle of underfunding’ identified in our Breaking the cycle report. The Lancet Psychiatry and the British Journal of Psychiatry have also published impassioned editorials decrying the lack of funding afforded to eating disorder research.

We are partners in two of the four research projects (sit on the advisory board of the third and are in regular communication with the fourth). The first study is an initiative led by King’s College to improve how eating disorder data is collected. They will also support

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

the study of blood samples by creating a ‘biobank’, making it easier for future researchers to study eating disorders and develop new treatments. The second is a UCLled collaboration on integrating eating disorders into the ‘Born in Bradford’ study. This will explore the impacts of social media, school environments, and neighbourhoods on the risk of eating disorders developing in young people.

In both projects, we are leading on coproduction (ensuring the voice and ideas of those with lived experience is heard), recruiting and supporting experts-by-experience to share their insights and ensure the research is as impactful as possible. We are also partnering in a similar way with the Royal College of Psychiatry to conduct the national eating disorders audit, which will commence in early 2025.

Another priority has been reducing online harm in relation to eating disorders. The Online Safety Bill has become law, meaning that social media platforms should become safer places for those with eating disorders. Children must be prevented from seeing content that ‘encourages an eating disorder or behaviours associated with an eating disorder’ and larger platforms must give adults the tools to ‘filter’ out this content if they choose to do so.

Initially eating disorders were not subject to the strictest regulation but thanks to our work with politicians, civil servants, Ofcom and other third sector partners it has been included.

Following the passing of the Act, we have been advising Ofcom on their guidance that accompanies it, to ensure that the implementation of the law is as robust as possible. We are also undertaking a research and coproduction project to advise a popular social media platform on how it can increase protection for those with eating disorders.

We have contributed to progress in the implementation of eating disorder reviews in Scotland and Wales. We convened three lived experience panels (comprising 18 sessions in total) to provide advice to the Scottish Government in implementation of the review’s recommendations and have established a fourth which is running alongside the recently established National Network (which we are members of), designed to drive implementation of the national review. The Government have published a National Specification for the Care and Treatment of Eating Disorders. We sat on the working group that input into its development and are now producing a user-friendly version to ensure everyone affected by eating disorders in Scotland understands what they should expect.

In Wales, a new eating disorder clinical implementation network has been established (designed in a similar way to the equivalent in Scotland to drive progress in implementing

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

recommendations of the national review), which we sit on. A permanent, full-time Eating Disorder Clinical Lead to drive this forward is now in place following our successful lobbying for this to be the case.

Less progress has been possible in Northern Ireland given the political deadlock for much of this period.

Our campaign opposing calorie labelling on menus saw major victories. Governments in both Scotland and Wales announced a pause on the introduction of mandatory calorie labelling on menus following our activity, until the publication of research from the National Institute for Health and Care Research and Public Health Scotland examining the impact of calorie labelling on menus on those with eating disorders. The NIHR research is expected in 2025, but the Public Health Scotland Research was unequivocal in highlighting the dangers of calorie labelling. As a result, Food Standards Scotland now oppose the mandatory introduction of calories on menus, and we are confident this will now not be introduced in Scotland.

We have been active participants in an advisory group that helped draft new guidance for the NHS in England on eating disorders in children and young people, ensuring that it was not weakened. We expect this guidance to be published in early 2025.

We conducted a Freedom of Information request following concerns raised with us by clinicians about the reliability of national waiting times data for children and young people in England. We found that around half of the NHS Trusts were either failing to follow the national guidance on how to measure and report waiting times or failing to collect important data. In several areas it was clear that many young people effectively join a second waiting list after their treatment starts, completely undermining the national waiting times target. After writing to these Trusts almost half agreed to make the changes we requested. We shared our findings and concerns with senior NHS England staff, and they have reiterated to regional teams the importance of following the guidance.

We have developed a training programme for peer support workers and other nonclinically qualified staff to deliver early intervention programmes in eating disorder services. This can deliver better results than using clinicians and frees qualified staff for more intensive work. We are therefore seeking funding to demonstrate the impact of this and to run a nationwide campaign promoting the benefits.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

We have conducted research highlighting the benefits of intensive community and day patient treatment programmes for eating disorders, analysing hundreds of research papers and conducting a Freedom of Information request to understand provision across the UK. We have also supported the Westminster All Party Parliamentary Group on Eating Disorders to run an inquiry into this subject, hearing from clinicians and those with lived experience. The report was launched in October 2024, and we continue campaigning for greater provision of these treatment options. We also responded to NHS England’s consultation on a draft new service specification for inpatient, intensive day patient, and intensive community treatments for adults, highlighting significant omissions around the need to better define ‘intensity’ in respect to what the guidance refers to as ‘Intensive community treatment’, the importance of patient-centred care, and the need to involve families and carers.

Income generation

In the eighteen months ended 30 September 2024 we had an income of £7.7 million, of which £5.4 million was from voluntary sources. Like many charities we have found it harder to secure voluntary income as individuals have struggled with the cost of living and many trusts have had fewer resources to distribute to a larger number of applicants after the pressures of Covid. The other major portion of our income, totaling £2.1m, came from contracted work commissioned by our public sector partners.

We are fortunate to have a dedicated staff team focused on raising funds from community events and individual giving and applying for grants from trusts and foundations. We are continuing to implement our new CRM system across Beat to better enable us to monitor and track sources of income and we have improved our internal systems for managing our relationships with public sector partners to sustain this important work.

Beat has a base of committed supporters, and we continue to strive to improve our communication with our donors, so they fully understand the difference they are making through their support. The work of our communications team also helps us to reach more people and new audiences so that we can grow our supporter base. This helps us raise income but also helps more people understand the important work we are doing.

Publicity and profile

HelpFinder, our online directory of eating disorder services and support, continued to enable people to find details of their local NHS community eating disorder service including how to obtain a referral for assessment. The results also include Beat services funded by the NHS in their locality, and the availability of other services provided by the private or charity sector which meet our criteria for quality. Helpfinder had 140,125 unique visitors during this time.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

Our website had 2.9 million unique visitors with traffic increasing by 18%. We grew our followers to 175.8k on social media across Facebook, Instagram, LinkedIn and X. There were 15.3 million chances to see our content on social media reaching a huge number of people with 485.7k engagements across all channels.

Our media coverage continues to enable Beat to punch above its weight. We featured in the press over 4917 times in total and our profile was enhanced by many appearances in flagship news programmes, including appearances on Breakfast TV as well as advising on story lines involving eating disorders in mainstream dramas such as Hollyoaks and Everything Now.

Looking ahead

Building on the hard work of the last two years to stabilise the charity and its finances and to ensure our services make maximum impact in helping our beneficiaries, our watchword as we look forward is focus.

We are focused on:

During the year ahead we will continue ~~t~~ o ensure maximum stability and sustainability in all we do. We continue to generate as much income as we can, to work closely with our public sector partners to deliver important services that augment what they are doing and to ensure we are staffed to make to make the greatest impact we can.

Management and Governance Changes

After nine years in post as CEO, Andrew Radford left Beat in November 2024 to take up retirement. To allow the Board time to consider options, Robin Hepburn stepped over from being a trustee to take on the role of interim CEO and to lead the organisation following Andrew’s departure. The CEO position was advertised in December 2024 resulting in considerable interest and following a wide ranging and open recruitment process, the Board has appointed Vanessa Longley as permanent CEO with effect from June 2025.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

During this period, we have had several months without a Director of Fundraising. This has been remedied with the appointment of Justine Black in February 2025. During the intervening period the fundraising function was overseen by the CEO. We look forward to the addition of new ideas and energy to propel our fundraising efforts in the coming years.

In late December 2024, Caroline Price left Beat after eight years on the leadership team. Following her departure the services team is reporting directly to the CEO. Recruitment for Caroline’s replacement is currently underway, and it is hoped that a new appointment will be made in the summer of 2025.

Beat is fortunate to benefit from the diverse skills and experience of its Executive team of five. In addition to the roles mentioned above, the Executive also includes Tom Quinn as Director of External Affairs and Claire Reynolds as Director of Finance & Operations.

Financial review

This 18-month financial period has focused on stabilising Beat’s financial position and ensuring we are able to meet our liabilities. This has meant some difficult decisions to cut costs and change our activities and services. We have been mindful of the economic climate in our budgeting and have reduced our reliance on funding from particular streams in particular public sector funding.

Beat’s total income for the 18-month period to 30 September 2024 was £7.65 million and its expenditure was £7.48 million. The resulting surplus meant total funds of £231,697 were held by the charity at 30 September 2024, compared to £58,992 at 31 March 2023.

We have focused very closely on achieving a surplus in this period to start rebuilding our depleted funds. This has been achieved by major cost cutting, most notably in staffing, but also by closing offices and reducing other operational costs.

We have also worked on maximizing return on income generating activities. We have focused our efforts within fundraising and also closely looked at productivity in delivery of contracted work.

It is our aim to fully rebuild reserves at the earliest point possible and we have comprehensive plans and contingencies in place to achieve this. Financial monitoring (by the Finance & Risk Committee) is regular and thorough to allow any variances to be understood and either corrected or our plans adapted accordingly.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

Principal risks and uncertainties

Risk management

The Trustees are responsible for ensuring effective risk management and that internal controls are in place to appropriately manage the risk exposure of Beat. In December 2024, the Trustees completed their annual review of the Beat’s risk management

strategy. In the course of this review, the Board has considered:

All significant risks are reported in a risk register and are monitored quarterly by the Executive Team and at every meeting of the Finance and Risk Committee, as well as being subject to a formal review by the Board of Trustees every year.

The key risks identified by the Trustees and mitigations taken are as follows:

None of the above risks have caused significant loss or harm to the organisation during the period of this report.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

Reserves policy and going concern

Reserves and Funds

The Trustees review reserves every year and set a reserves policy that reflects the risks faced by the organisation.

Currently it is the charity’s policy to have a General Fund of free reserves (i.e. excluding restricted funds and tangible fixed assets) in order to:

This policy is reviewed annually alongside the production of the annual accounts in order

to:

From time to time Beat also holds designated funds in reserve in order to plan for future spending on specific infrastructure projects that will increase our effectiveness and/or sustainability. There are currently no designated funds.

The charity assesses its reserves requirement using a number of methods to ensure that the reserve figure required has been robustly tested.

Using a risk based approach, we calculated that at 30 September 2024 we require reserves of £0.5 million and will endeavour (subject to timing fluctuations) to have reserves within plus or minus 10% of this figure.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

At Beat, our income fluctuates significantly throughout the year. Therefore, reserves will be monitored to ensure they are in line with projections and that total funds remain above the reserves required. If they do fall below our target figure we will develop clear plans to return them to the required level.

When free reserves fall below one months operating expenditure additional scrutiny will be given to financial results and cashflow with additional actions taken promptly as required.

As at 30 September 2024 current funds are as follows:

Restricted funds
General funds
Total		 30 Sept
2024
£’000
213,978
17,719
231,697		 31 March
2023
£’000
181,717
(122,725)
58,992

At 30[th] September 2024, Beat had negative free reserves of £116,726, but we achieved positive general funds and an improvement in overall funds since our last accounts to 31 March 2023. Cash held at this point was £292,641.

We have a clear financial recovery plan which shows a sustained surplus position enabling us to fully rebuild our free reserves. Trustees and Executive team have the rebuilding of reserves as a priority in our business and financial planning with performance being reviewed carefully on a monthly basis whilst we rebuild reserves to provide the necessary buffer to protect the charity.

As described on page 28 Beat has been through a challenging financial period but has reduced its costs and adapted its income forecasting methods as part of a successful financial recovery plan. The trustees have considered the charity’s ability to continue as a going concern and have concluded that there are no material uncertainties.

Fundraising

Beat’s approach to fundraising is to maintain a balanced portfolio of income streams, in order to achieve a sustainable funding model.

We currently employ fifteen fundraisers, led by the Director of Fundraising (appointed February 2025). Beat does not use the services of professional fundraising agencies to

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

conduct any part of our fundraising programme. We promote a ‘Supporters Promise’ that sets out the standards donors can expect, including a pledge to not put undue pressure on supporters to make a gift. Beat also has a formal complaints procedure. There were no fundraising complaints in this financial period or the year before. Beat follows The Code of Fundraising Practice, as promoted by the Fundraising Regulator. Beat also has a Vulnerable Supporters Statement which is regularly reviewed and updated.

We are committed to working ethically and responsibly with all our supporters. This is detailed within our supporter promise, available on our website. This promise describes how we will always prioritise the health and wellbeing of supporters, never placing them under undue pressure and ensuring we work honestly, respectfully and sensitively with all supporters including fundraisers. We ensure personal data and details are collected and managed appropriately and we would never sell information to other parties

Plans for the future

Structure, governance and management

Governing document

The charity is a company limited by guarantee, incorporated on 5 April 1989 and registered as a charity on 7 April 1989. 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.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

Following a general meeting on 24th March 2020 the previous approach to membership was removed with the Trustees of the charity becoming its only members, who guarantee the liabilities of the company in the event of a winding up, to a maximum of £1 each.

Recruitment and appointment of Trustees

The directors of the company are also the charity Trustees. Under the charity’s Articles of Association, they are also the members of the Board of Trustees. The

Trustees who served during the year and up to the date of this report are listed on page

  1. Trustees are appointed by the Board. A recruitment panel, delegated from the main Board, interviews and recommends Trustees for appointment. Trustee recruitment is carried out as an open recruitment process with appointments being made on skills and experience.

Under the requirements of the Articles of Association, the Trustees are elected to serve for a term of three years. Trustees may serve a maximum of two terms, not including any time (up to a maximum of six years) spent as Chair, Vice Chair or Treasurer. There must be at least three Trustees.

Responsibilities and delegation

The Board of Trustees meets quarterly and is responsible for the strategic direction and oversight of the charity. The Board has three sub-committees that meet regularly throughout the year:

Beat is also supported by a multi-disciplinary Clinical Advisory Group of senior clinicians with expertise in eating disorders. This meets three times a year and is chaired by a trustee, although it includes members who are not Trustees and is not a formal subcommittee of the Board.

Day-to-day management of Beat is delegated to the Chief Executive and the Executive Team under a scheme of delegation.

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

All Board members give their time voluntarily but may claim reasonable travel expenses, which are shown in Note 9 to the accounts.

The Board regularly evaluates its performance and membership, considering the direction of the organisation and the skills and diversity needed among its number to take Beat forward with confidence. The Board is committed to and has achieved full compliance with the Charity Code of Governance. Compliance is audited annually to ensure any necessary further actions are taken.

Public benefit

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Commission on determining the activities undertaken by the charity. We are clear that our services are available to all and are actively working on messaging to make Beat as inclusive as possible.

Staff and Executive Pay

Staff salaries are banded in a series of salary points, with the median for each band being a market average benchmarked against similar jobs elsewhere in the voluntary sector. Employees can progress to the next salary point in their band by meeting criteria linked to performance. The exception is the Chief Executive, whose salary is determined by the Board.

Every twelve months the Trustees determine whether there should be an overall increase in salaries to reflect changes in the cost of living. The level of any increase is decided in the context of:

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

Statement of responsibilities of the Trustees

The Trustees (who are also directors of BEAT (FORMERLY EATING DISORDERS ASSOCIATION) for the purposes of company law) are responsible for preparing the Trustees’ 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 Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees 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 hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

The Trustees 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

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BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Trustees’ Annual Report

For the period ended 30 September 2024

30 September 2024 was 7 (31 March 2023:9). The Trustees are members of the charity, but this entitles them only to voting rights. The Trustees have no beneficial interest in the charity.

Auditor

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

The directors’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

The Trustees’ annual report has been approved by the Trustees on 17 March 2025 and signed on their behalf by

Valerie Jolliffe Treasurer

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Independent auditor’s report

To the members of

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Opinion

We have audited the financial statements of Beat (formerly Eating Disorders Association) (the ‘charitable company’) for the period ended 30 September 2024 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including 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).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Beat’s (formerly Eating Disorders Association) ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

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Independent auditor’s report

To the members of

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Our responsibilities and the responsibilities of the Trustees 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 Trustees’ annual report, other than the financial statements and our auditor’s report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the 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 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

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ annual report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) require us to report to you if, in our opinion:

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Independent auditor’s report

To the members of

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Responsibilities of Trustees

As explained more fully in the statement of Trustees’ responsibilities set out in the Trustees’ annual report, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements 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.

22

Independent auditor’s report

To the members of

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

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.

23

Independent auditor’s report

To the members of

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

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 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005. 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.

Joanna Pittman (Senior statutory auditor) 30 May 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

24

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Statement of financial activities (incorporating an income and expenditure account)

For the period ended 30 September 2024

For the period ended 30 September 2024
Note
Income from:
3
4
5
6
7
Reconciliation of funds:
Total funds brought forward
8
Total funds carried forward
Transfers between funds
Net movement in funds
Total expenditure
Net income/ (expenditure)
- Service Provision
- External Affairs
- Event Costs
Donations and legacies
Charitable activities
Investments
Total income
Expenditure on:
Other trading activities
Charitable activities:
Raising funds		 Unrestricted
£
3,210,027
2,190,463
10,035
11,491		 Restricted
£
2,229,103
-
-
-		 18 months to
30 September
2024
Total
£
5,439,130
2,190,463
10,035
11,491
7,651,119
1,320,643
-
5,068,596
773,544
315,631
7,478,414
-
172,705
58,992
231,697
172,705		 Unrestricted
£
2,140,656
732,332
5,154
2,833		 12 months to
31 March
2023
Restricted
Total
£
£
1,669,537
3,810,193
-
732,332
-
5,154
-
2,833
1,669,537
4,550,512
-
1,123,333
-
2,216,022
4,717,109
734,341
139,585
2,216,022
6,714,368
-
-
(546,485)
(2,163,856)
728,202
2,222,848
181,717
58,992
(2,163,856)
(546,485)
5,422,016 2,229,103 2,880,975
1,320,643
2,871,754
773,544
315,631		 -
2,196,842		 1,123,333
2,501,087
734,341
139,585
5,281,572 2,196,842 4,498,346
-
140,444		 -
32,261		 -
(1,617,371)
140,444
(122,725)		 32,261
181,717		 (1,617,371)
1,494,646
17,719 213,978 (122,725)

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 21a to the financial statements.

25

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Balance sheet

Balance sheet
Company no. 02368495
As at 30 September 2024
2024 2023
Note £ £ £ £
Fixed assets:
Tangible assets 13 134,445 24,691
134,445 24,691
Current assets:
Debtors: Amount due within one year 14 781,694 821,710
Cash at bank and in hand 292,641 1,049,474
1,074,335 1,871,184
Liabilities:
Creditors: amounts falling due within one year 15 (977,083) (1,836,883)
Net current assets 97,252 34,301
Total net assets 231,697 58,992
The funds of the charity: 20a
Restricted income funds 213,978 181,717
Unrestricted income funds: 17,719 (122,725)
Total charity funds 231,697 58,992

Approved by the trustees on 17 March 2025 and signed on their behalf by

Valerie Jolliffe Treasurer

26

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Statement of cash flows

For the period ended 30 September 2024

Cash flows from operating activities
Net cash used in operating activities
(as per the statement of financial activities)
Depreciation charges
Dividends, interest and rent from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Increase/(decrease) in pension provision
Net cash used in operating activities
Cash and cash equivalents at the end of the period
Cash and cash equivalents at the beginning of the
period
Net cash provided by investing activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Proceeds from the sale of fixed assets
Purchase of fixed assets
Change in cash and cash equivalents in the year		 18 months to
12 months to
30 September
2024
31 March
2023
£
£
172,705
(2,163,856)
22,209
12,318
(11,491)
(2,833)
40,016
1,299,690
(859,800)
(379,496)
-
8,295
(636,361)
(1,225,882)
11,491
2,833
-
-
(131,963)
-
(120,472)
2,833
(756,833)
(1,223,049)
1,049,474
2,272,523
292,641
1,049,474

27

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

1 Accounting policies

a) Statutory information

Beat (formerly Eating Disorders Association) is a charitable company limited by guarantee and is incorporated in England and Wales.

The registered office address is 1 Chalk Hill House, 19 Rosary Road, Norwich, England, NR1 1SZ.

b) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (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.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

The accounting period has been changed to September 2024 making this financial period 18 months. The change to the period/year end is for business reasons to enable better planning and forecasting and to relieve operational pressures during peak activity between January and March. Future accounting periods will be 12 months ending in September.

c) Public benefit entity

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

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

d) Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Following a very challenging financial period, Beat has made significant changes to its cost base and income forecasting methods. We have followed a clear financial recovery plan and are delighted that the financial statements for this period show a surplus of £172,705. We are still following this recovery plan to ensure financial reserves are rebuilt to a sufficient level and our projections show this will be achieved at the end of 2025.

Our budgets and forecasts, as well as cashflow plans, all show the organisation to be financially sustainable and able to meet liabilities. We are anticipating a surplus of £415,076 in the year ending 30th September 2025 with longer term planning showing a continued surplus position.

Reserves at 30th September 2024 are negative £116,726. Our policy states that we should be holding reserves of approx. £500,000 and we are prioritising the rebuilding of reserves within our business and financial planning.

We have reduced the high risk income included in our income forecasts and greatly reduced our reliance on income from the NHS. Costs have been significantly reduced by reducing headcount from 180 to 84 during this period and closely focusing on what roles are fully funded. We have closed two of the three Beat offices and carried out close scrutiny (including retendering) for other significant costs such as IT. We also have contingency plans and further cost cutting plans prepared in the event that we need to achieve further cost savings.

While we are confident that our financial recovery plan will have the necessary effect, we are not complacent and are focussing regularly and in detail on the current financial position and cashflow. Cashflow, financial forecasts and performance are continuously monitored by the trustees to ensure Beat continues to be able to meet its liabilities as they fall due. The trustees and executive team are committed and focused on rebuilding the funds to ensure the future sustainability and ongoing positive work for our beneficiaries.

28

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

e) 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.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

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

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

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.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

29

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

i) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) 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.

Where information about the aims, objectives and projects of the charity is provided to potential beneficiaries, the costs associated with this publicity are allocated to charitable expenditure.

Where such information about the aims, objectives and projects of the charity is also provided to potential donors, activity costs areallocated to the cost of raising funds.

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.

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

30

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

l) 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.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

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:

over the period of the lease

3 years

m) 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.

n) 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.

o) 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.

p) 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.

u) Pensions

The company operates a defined contribution pernsion scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year. The company is also a member of a multi-employee plan. Where it is not possible for the company to obtian sufficient information to enable it to account for the plan as a defined benefit plan, it accounts for the plan as a defined contribution plan. Further details can be found in note 19.

31

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

Individual giving
Public sector funding
Community fundraising
Corporate donors
Trusts and Statutory Grants
Major donors grants and
donations		 Unrestricted
£
473,983
-
1,214,623
1,309,748
154,167
57,506		 £
-
-
-
174,927
2,054,176
-
Restricted		 18 months to
30 September
2024
Total
£
473,983
-
1,214,623
1,484,675
2,208,343
57,506
Unrestricted
£
280,512
22,945
749,866
570,836
437,145
79,352		 £
-
-
-
-
1,669,537
-
Restricted		 12 months to
31 March
2023
Total
£
280,512
22,945
749,866
570,836
2,106,682
79,352
3,210,027 2,229,103 5,439,130 2,140,656 1,669,537 3,810,193

Legacy income of £103,200 is included in individual giving (Year ended March 2023: £27,960)

Publications
Contract income
Total income from charitable
activities
Income from training and
conferences		 Unrestricted
£
151,431
-
2,039,032		 £
-
-
-
Restricted		 18 months to
30 September
2024
Total
£
151,431
-
2,039,032
Unrestricted
£
28,844
425
703,063		 £
-
-
-
Restricted		 12 months to
31 March
2023
Total
£
28,844
425
703,063
2,190,463 - 2,190,463 732,332 - 732,332

32

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

Affinity income Unrestricted
£
10,035		 £
-
Restricted		 18 months to
30 September
2024
Total
£
10,035
Unrestricted
£
5,154		 12 months to
31 March
2023
Total
£
£
-
5,154
Restricted
10,035 - 10,035 5,154 -
5,154

All income from trading activities is unrestricted.

Income from investments
Interest received Unrestricted
£
11,491		 £
-
Restricted		 18 months to
30 September
2024
Total
£
11,491
Unrestricted
£
2,833		 12 months to
31 March
2023
Total
£
£
-
2,833
Restricted
11,491 - 11,491 2,833 -
2,833

All income from investments is unrestricted.

33

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

7a Analysis of expenditure (current year)

Staff costs (Note 9)
Operational costs
Facilities costs
IT costs
Irrecoverable VAT
Other Costs
Support costs
Governance costs
Total expenditure 2024
Total expenditure 2023		 Fundraising
£
997,816
234,248
56,597
60,915
21,126
-
1,370,702
(64,476)
14,417
1,320,643
1,123,333		 18 months to
12 months to
Service
provision
External
Affairs
Event costs
Governance
costs
Support costs
30 September
2024
31 March
2023
£
£
£
£
£
£
£
3,135,676
537,452
98,810
-
775,253
5,545,007
4,916,669
533,810
26,148
131,157
-
-
925,363
889,843
166,505
25,890
10,564
-
-
259,556
187,601
179,211
27,865
11,370
-
-
279,361
258,545
62,152
9,664
3,943
-
20,779
117,664
181,097
-
-
-
66,117
285,346
351,463
280,613
4,077,354
627,019
255,844
66,117
1,081,378
7,478,414
6,714,368
948,828
139,930
57,096
-
(1,081,378)
-
-
42,414
6,595
2,691
(66,117)
-
-
-
5,068,596
773,544
315,631
-
-
7,478,414
4,717,109
734,341
139,585
-
-
6,714,368
Charitable activities

34

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

7b Analysis of expenditure (prior year)

Staff costs (Note 9)
Operational costs
Facilities costs
IT costs
Irrecoverable VAT
Other Costs
Support costs
Governance costs
Total expenditure 2023		 Fundraising
£
875,631
216,255
40,166
55,356
38,773
-
1,226,181
(116,360)
13,512
1,123,333		 Charitable activities Charitable activities Governance
costs
£
-
-
-
-
-
62,969
62,969
-
(62,969)
-		 Support
costs
£
733,944
-
-
-
-
217,644
951,588
(951,588)
-
-		 2023
Total
£
4,916,669
889,843
187,601
258,545
181,097
280,613
Service
provision
£
2,747,569
593,842
123,918
170,780
119,623
-
3,755,732
919,831
41,546
4,717,109		 External
Affairs
£
498,934
38,232
19,761
27,233
19,075
-
603,235
124,459
6,647
734,341		 Event costs
£
60,591
41,514
3,756
5,176
3,626
-
114,663
23,658
1,264
139,585
6,714,368
-
-
6,714,368

35

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

This is stated after charging / (crediting):

This is stated after charging / (crediting):
18 months to 12 months to
30 September 31 March
2024 2023
£ £
Depreciation 22,209 12,883
Operating lease rentals payable:
Property 110,001 114,022
Other 67,110 67,200
Auditor's remuneration (excluding VAT):
Audit 17,800 12,350
Prior Year Audit 8,929 -
Other services 8,483 1,750

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Redundancy and termination costs
Social security costs
Pension costs		 18 months to
12 months to
30 September
2024
31 March
2023
£
£
4,834,012
4,337,789
11,496
-
464,991
413,712
234,508
165,168
5,545,007
4,916,669

The redundancy and termination costs were settled and paid at the balance sheet date .

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


national insurance) during the year between:
2024 2023
No. No.
£60,000 - £69,999 - 1
£70,000 - £79,999 - 3
£80,000 - £89,999 - 1
£100,000 - £109,999 2 -
£110,000 - £119,999 1 -
£130,000 - £139,999 1 -

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £502,940 (2023: £459,186).

The charity trustees were neither paid nor 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 £1,090 (2023: £nil) incurred by 3 (2023: nil) members relating to attendance at meetings of the trustees.

36

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

10 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 132 (2023: 167).

Staff are split across the activities of the charity as follows (average headcount basis):

Staff are split across the activities of the charity as follows (average headcount basis):
Raising funds
- Central Services
- Service Provision
- External Affairs
- Event Costs		 2024
No.
21.0
19.0
81.0
9.0
2.0		 2023
No.
26.0
24.0
100.0
15.0
2.0
132.0 167.0

11 Related party transactions

Donations from 1 (2023-2) of the Trustees during the year totalled £1,800 (2023-£270). The Health Foundation, of which David Smart is a Governor, made donations totalling £13,000 (2023-£13,000) in the year. There were no further related party transactions.

12 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

13 Tangible fixed assets

Tangible fixed assets
At the start of the period
Disposals in the period
Depreciation
At the end of the period
At the end of the period
At the start of the period
Charge for the period
Additions in the period
Cost
At the start of the period
Eliminated on disposal
At the end of the period
Net book value		 Asset under
construction
-
15,694
-
Improvements
to leasehold
property
£
90,476
-
-

Computer
equipment &
software
£
184,415
116,269
(184,415)

Total
£
274,891
131,963
(184,415)
15,694 90,476 116,269 222,439
-
-
-		 65,785
12,520
-		 184,415
9,689
(184,415)		 250,200
22,209
(184,415)
- 78,305 9,689 87,994
15,694 12,171 106,580 134,445
- 24,691 - 24,691

All of the above assets are used for charitable purposes.

We are currently developing a new CRM system and £15,694 was spent during the period on an element of this that has not yet been brought into use.

37

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

Debtors
Trade debtors
Other debtors
Prepayments and accrued income
Accruals and deferred income
Taxation and social security
Creditors: amounts falling due within one year
Other creditors
Trade creditors		 2024
£
72,164
2,448
707,082		 2023
£
130,464
9,023
682,223
781,694 821,710
2024
£
51,501
49,107
89,194
787,281		 2023
£
60,214
126,679
35,126
1,614,864
977,083 1,836,883

15 Creditors: amounts falling due within one year

16 Deferred income

Income is deferred where contract income is received upfront but the services are provided over a period of time. The income is released in line with the provision of the agreed services.


income is released in line with the provision of the agreed services.
Balance at the beginning of the period
Amount released to income in the period
Amount deferred in the period
Balance at the end of the period		 2024
£
1,560,059
(1,560,059)
742,552		 2023
£
1,664,924
(1,664,924)
1,560,059
742,552 1,560,059

19 Pension scheme

SCHEME: TPT Retirement Solutions – The Growth Plan

The company participates in the scheme, a multi-employer scheme which provides benefits to some 638 nonassociated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme.

The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK.

The scheme is classified as a 'last-man standing arrangement'. Therefore the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.

A full actuarial valuation for the scheme was carried out at 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows:

Deficit contributions

From 1 April 2022 to 31 January 2025: £3,312,000 per annum (payable monthly)

Unless a concession has been agreed with the Trustee the term to 31 January 2025 applies.

Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement the company recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost.

The present value of the liability at 30 September 2024 is £473 (31 March 2023 £2,498) The share of contributions paid to the scheme by the company in this period amounted to £2,141 (2023 £1,427)

38

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

20a Analysis of net assets between funds (current year)

20a
Analysis of net assets between funds (current year)		 20a
Analysis of net assets between funds (current year)
20b
21a
At 1 April
2023
£
32,083
-
-
8,646
-
-
-
-
-
53,169
-
-
-
10,001
-
-
-
77,818
-
-
Total restricted funds
181,717
General funds
(122,725)
(122,725)
58,992
Scottish Government
St James Place
Simon Gibson Trust
Souter Charitable Trust
Net assets at 30 September 2024
Analysis of net assets between funds (prior year)
Net assets at 31 March 2023
Bird Song (Vogelgezang)
Tangible fixed assets
Rayne Foundation
Northern Ireland Carers Fund
Paul Bassham
Total funds
Susan Hill
Scottish Government Lived Experience
Tangible fixed assets
Net current assets
Garfield Weston Foundation
Hospital Saturnday Fund
The National Lottery Community Fund
Welsh Government
City Bridge Trust
W M Mann Foundation
Movements in funds (current year)
Total unrestricted funds
Eveson Charitable Trust
Extended Helpline
Restricted funds:
CHK Foundation
Alice Ellen Cooper Dean CF
Aviva Foundation
Net current assets
Income &
gains
£
-
5,000
30,000
-
10,000
75,546
75,000
2,000
431,844
30,917
5,000
20,000
1,013,084
-
10,000
5,000
79,784
65,000
259,927
39,001
72,000		 General
unrestricted
£
134,445
(116,726)
Restricted
£
-
213,978		 Total funds
£
134,445
97,252
17,719 213,978 231,697
General
unrestricted
£
24,691
(147,416)
Restricted
£
-
181,717		 Total funds
£
24,691
34,301
(122,725) 181,717 58,992

Expenditure &
losses
£
(32,083)
(5,000)
(30,000)
(8,646)
(10,000)
(75,546)
(68,750)
(2,000)
(431,844)
(74,557)
(5,000)
(20,000)
(911,776)
(10,001)
(10,000)
(5,000)
(73,856)
(65,000)
(282,782)
(39,001)
(36,000)
Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 At 30
September
2024
£
-
-
-
-
-
-
6,250
-
-
9,529
-
-
101,308
-
-
-
5,928
-
54,963
-
36,000
181,717 2,229,103 (2,196,842) - 213,978
(122,725) 5,422,016 (5,281,572) - 17,719
(122,725) 5,422,016 (5,281,572) - 17,719
58,992 7,651,119 (7,478,414) - 231,697

The narrative to explain the purpose of each fund is given at the foot of the note below.

39

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

Movements in funds (prior year)
Total restricted funds
General funds
Total funds
Aviva Foundation
Unrestricted funds:
Welsh Government
NHS Norfolk and Waveney CCG
Margaret Starkie
Tampon Tax
Bird Song (Vogelgezang)
Garfield Weston Foundation
Hospital Saturday Fund
The National Lottery Community Fund
Pension reserve
Restricted funds:
St James Place Charitable Foundation
National Lottery- 3rd fund
NI Carers
Scottish Government
City Bridge Trust
Extended Helpline
Extended Helpline
Unrestricted funds		 At 1 April
2022
£
70,000
-
36,555
-
75,000
36,026
355,594
49,025
-
61,834
12,500
15,695
-
-
-
15,973
728,202
Income &
gains
£
-
103,550
-
133,584
-
-
105,155
-
315,849
-
-
176,278
671,358
60,006
103,757
-
1,669,537
Expenditure &
losses
£
(37,917)
(94,904)
(36,555)
(133,584)
(75,000)
(36,026)
(460,749)
(49,025)
(315,849)
(8,665)
(12,500)
(191,973)
(671,358)
(50,005)
(25,939)
(15,973)
(2,216,022)
Transfers
£
-
-
-
-
-
-
-
-		 At 31 March
2023
£
32,083
8,646
-
-
-
-
-
-
-
53,169
-
-
-
10,001
77,818
-
181,717
1,494,646 2,880,975 (4,498,346) - (122,725)
1,494,646 2,880,975 (4,498,346) - (122,725)
- - - - -
2,222,848 4,550,512 (6,714,368) - 58,992

Purposes of restricted funds

Aviva Foundation - To provide training to schools professionals

Alice Ellen Cooper Dean CF- SPOT for secondary and primary schools within their catchment area in Dorset and rural CHK Foundation- Helpline

City Bridge Trust- Locality work in London, covering training, GP and awareness

Eveson Charitable Trust- helpline across Herefordshire, Worcestershire and West Midlands Extended Helpline- Delivery costs for Beat's digital services

Garfield Weston Foundation- Helpline services

Hospital Saturnday Fund- Helpline

The National Lottery Community Fund- Locality based work in Scotland and North East England Northern Ireland Carers Fund- Delivering support services to carers in Northern Ireland

Paul Bassham- helpline in Norfolk

Rayne Foundation- Peer support service Scottish Government- Support services in Scotland

St James Place- Helpline services

Simon Gibson Trust- Helpline

Souter Charitable Trust- Helpline in Scotland

Scottish Government Lived Experience- funding work to establish and run the lived experience panel in Scotland Bird Song (Vogelgezang)- External Affairs including Policy and Campaigns

Welsh Government- Support services in Wales

W M Mann Foundation- Staffing in Scotland

Tampon Tax- Support and services for carers accross the UK Margaret Starkie- Work on External Affairs and research NHS Norfolk and Waveney CCG- Traiing and support services to carers in Northern Ireland National Lottery (3rd fund)- Helpline

40

BEAT (FORMERLY EATING DISORDERS ASSOCIATION)

Notes to the financial statements

For the period ended 30 September 2024

22 Operating lease commitments payable as a lessee

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


following periods:
Less than one year
One to five years
Over five years		 2024
2023
£
£
37,500
83,834
75,000
134,958
-
-
Property		 2024
2023
£
£
5,795
1,774
1,096
1,995
-
-
Equipment
112,500 218,792 6,891
3,769

23 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.

24. Prior year adjustment

In the previous accounting period (Year Ended 31st March 2023) a prior year adjustment of £210,440 was made to reflect a revised treatment of grant income recognition.

41