REGISTERED COMPANY NUMBER: 02753420 (England and Wales)

REGISTERED CHARITY NUMBER: 1014784

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE INSTITUTE OF TRAFFIC ACCIDENT

INVESTIGATORS

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

13

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles incorporated 6 October 1992 and adopted 2 December 2020, the Charities Act 2011, the Companies Act 2006 and the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects are to promote road safety for the benefit of the public by:

a) Improving the technical and general skill and knowledge of persons engaged in or intending to engage in work of traffic accident investigators or any related occupation concerned with road safety.

b) Improving the standards of safety of vehicles and roads of all kinds.

The trustees have paid due regard to the public benefit guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The organisation provides a forum for communication, education, representation and regulation in the field of traffic accident investigation by encouraging honesty and integrity among investigators. This is enforced through a disciplinary procedure, administered by a discipline panel, in order to ensure the highest levels of professionalism among the membership.

Achievements and performance

2025 was another busy year for ITAI.

ITAI has a patron, Baroness McIntosh of Pickering.

Baroness McIntosh is very active in the House of Lords with both crime, civil law, justice and rights and transport among her policy interests within the House and having previously been a Shadow Minister for Transport.

ITAI has continued to embrace online video conferencing (via Zoom) and conducts business as usual via this media. In fact, ITAI has continued to present various Zoom Webinars, which have proved to be well attended events, with a diverse range of themes and topics.

The following paragraphs are a snap shot of the continued work Council has maintained:

a. Council Members have been involved in a number of external activities with other organisations. We have continued to support the Parliament Advisory Committee for Transport Safety (PACTS) and have three members who serve on each of the three committees namely, i) Road User Behaviour Group, ii) Vehicle Design Group and iii) Road Environment Group.

We have also maintained close links with the European Association for Accident Research and Analysis (EVU).

b. We continue in our affiliation with Engineering Council and can now offer its membership a route for Professional Engineering Registration. This ranges from Chartered Engineer to Engineering Technician awards. All the information is updated on the ITAI web site.

c. We also now have had several applicants who have completed our Accreditation process for CPC FCI. The Accreditation process (CPC) is for our full Members and allows them to demonstrate their own Continuing Professional Competency. Work continues in ensuring ITAI assessors are suitably qualified with training provided to them and ensuring that we have qualified Internal Quality Assurers (IQA) in post. We are also now completing a number of renewals of the CPC for those who have held the award from its inception.This year saw a number of renewals for the CPC.

d. We have held 2 webinars on a variety of topics ranging from Fall Asleep crashes to a presentation on Evaluation of driving data from EDR for accident analysis by Dr Weyde. The attendees are not just from the UK but from around the world and registration ranged from 250 to up to over 500 for these events. Attendance to the webinars is free and open to non-members.

e. The Crash Day event was held on 3 July 2025 at Darley Moor Motorcycle Road Race Club near Ashbourne. The event was well attended with 805 registrations. Crash testing included car to car, low vehicle impact crashes, and street furniture crashes which were conducted on behalf of Passive Safety.

f. ITAI in conjunction with Dr Muttart presented the Advanced Analysis of Drivers' Responses course which was presented online via Zoom. The course was attended by Police Officers and Non-Police practitioners. There were 32 students in total, the course was also attended by 9 non - ITAI members.

g. Impact - Three editions of our technical journal were published and distributed Worldwide during the year.

h. Contact newsletter has now been updated and revised with regular publication keeping Members informed of the work the Council is involved in.

All of these activities continue to provide education and support for the Accident Investigation and Reconstruction Community.

Financial review

The charity trustees aim to have sufficient funds available to continue the charity for six months should funding sources cease to allow time to apply for further funding. Reserves above this amount are held to meet future conference expenses as expenditure is incurred prior to revenue being received from delegates.

The trustees are responsible for the management of the risks faced by the Institute. Detailed considerations of risk are delegated to the senior management team. Risks are identified and assessed, and controls established throughout the year. A formal review of the charity's risk management processes is undertaken on an annual basis. The key controls used by the charity include:

• Formal agendas for all committee and board activity;

• Comprehensive strategic planning, budgeting, management accounting and cash flow forecasting;

• Clear authorisation and approval levels.

Through the risk management processes established for the Institute, the trustees are satisfied that the major risks to which the Institute is exposed, as identified by the trustees, have been reviewed and systems or procedures have been established to manage those risks. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

There are currently 12 members (trustees) (2024 - 13) each of whom agrees to contribute an amount not exceeding £1 in the event of the charity winding up.

Recruitment and appointment of new trustees

People who are interested in the charity are recruited by word of mouth or through other trustees. Their interest in the charity is discussed with them and existing trustees, and are appointed if deemed suitable.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02753420 (England and Wales)

Registered Charity number

1014784

Registered office

260 - 270 Butterfield

Great Marlings

Luton

Beds

LU2 8DL

Trustees

Mr R Seston

Mr I White

Mr R G Wagstaff (resigned 1.6.26)

Mr M J Crouch

Ms J Miller

Mr S Cash

Mr J P Webb

Mr D Parry

Mr M P Andrews

Mr G Beatson

Mr M Weaver

Mr P Moorcroft (resigned 1.6.25)

Mr M Davies

Mr A N Downing (appointed 1.6.26)

Mr C H Goddard (appointed 1.6.26)

Company Secretary

Mr R Seston

Independent Examiner

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

Approved by order of the board of trustees on 10 June 2026 and signed on its behalf by:

Mr R G Wagstaff - Trustee

Independent examiner's report to the trustees of The Institute of Traffic Accident Investigators ('the Company')

I report to the charity trustees on my examination of the financial statements of the Company for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a true and fair view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mrs K J Dyer FCCA

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

30 July 2026

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

3

Charitable activities

128,626

93,791

Investment income

2

704

1,044

Total

129,330

94,835

EXPENDITURE ON

Charitable activities

4

Charitable activities

118,581

96,305

NET INCOME/(EXPENDITURE)

10,749

(1,470

)

RECONCILIATION OF FUNDS

Total funds brought forward

99,291

100,761

TOTAL FUNDS CARRIED FORWARD

110,040

99,291

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

CURRENT ASSETS

Debtors

7

17,446

5,595

Cash at bank

125,274

110,478

142,720

116,073

CREDITORS

Amounts falling due within one year

8

(32,680

)

(16,782

)

NET CURRENT ASSETS

110,040

99,291

TOTAL ASSETS LESS CURRENT LIABILITIES

110,040

99,291

NET ASSETS

110,040

99,291

FUNDS

9

Unrestricted funds:

General fund

110,040

99,291

TOTAL FUNDS

110,040

99,291

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 10 June 2026 and were signed on its behalf by:

Mr R G Wagstaff - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Companies Act 2006.

The charity meets the definition of a public benefit entity under FRS102.

The presentation currency of the financial statements is in Pounds Sterling (£), which is the functional currency of the charity.

Company status

The charity is a company limited by guarantee. The members of the charity are the trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	INVESTMENT INCOME

2025

2024

£

£

Deposit account interest

704

1,044

3.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Charitable

Total

activities

activities

£

£

Impact

3,096

1,895

Grade application

720

-

Conference fees

160

320

Sundry income

-

44

Events

98,063

65,462

Membership subscriptions

25,385

25,620

Advertising

1,202

450

128,626

93,791

4.	CHARITABLE ACTIVITIES COSTS

2024

2024

£

£

Administration

7,166

6,202

Conference

30

-

Grade applications - training

631

936

Impact

3,559

2,573

Subscriptions

3,276

3,806

Education, training and events

97,077

76,687

Website

3,337

2,642

Sundry expenses

120

-

Bank charges

1,195

819

Legal fees

-

288

Accountancy / Independent examination

2,190

2,352

118,581

96,305

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

Three trustees were re-imbursed a total of £1,878 travelling expenses (2024 - £3,066).

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Charitable activities

93,791

Investment income

1,044

Total

94,835

EXPENDITURE ON

Charitable activities

Charitable activities

96,305

NET INCOME/(EXPENDITURE)

(1,470

)

RECONCILIATION OF FUNDS

Total funds brought forward

100,761

TOTAL FUNDS CARRIED FORWARD

99,291

7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,170

3,290

Prepayments and accrued income

6,276

2,305

17,446

5,595

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Deferred income

30,490

14,700

Accruals

2,190

2,082

32,680

16,782

9.	MOVEMENT IN FUNDS

Net

movement

At

At 1.1.25

in funds

31.12.25

£

£

£

Unrestricted funds

General fund

99,291

10,749

110,040

TOTAL FUNDS

99,291

10,749

110,040

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

129,330

(118,581

)

10,749

TOTAL FUNDS

129,330

(118,581

)

10,749

Comparatives for movement in funds

Net

movement

At

At 1.1.24

in funds

31.12.24

£

£

£

Unrestricted funds

General fund

100,761

(1,470

)

99,291

TOTAL FUNDS

100,761

(1,470

)

99,291

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

94,835

(96,305

)

(1,470

)

TOTAL FUNDS

94,835

(96,305

)

(1,470

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.1.24

in funds

31.12.25

£

£

£

Unrestricted funds

General fund

100,761

9,279

110,040

TOTAL FUNDS

100,761

9,279

110,040

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

224,165

(214,886

)

9,279

TOTAL FUNDS

224,165

(214,886

)

9,279

10.	RELATED PARTY DISCLOSURES

There were no related party disclosures for the year ended 31 December 2025, except in relation to trustee's expenses re-imbursed, as detailed in note 5.