The British Association of Aesthetic Plastic Surgeons Charity Accounts

COMPANY REGISTRATION NUMBER: 01970827

CHARITY REGISTRATION NUMBER: 294072

The British Association of Aesthetic Plastic Surgeons

Company Limited by Guarantee

Unaudited Financial Statements

31 December 2025

The British Association of Aesthetic Plastic Surgeons

Company Limited by Guarantee

Financial Statements

Year ended 31 December 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	3

Statement of financial activities (including income and expenditure account)	5

Statement of financial position	6

Notes to the financial statements	7

The British Association of Aesthetic Plastic Surgeons

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 December 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2025 .

Reference and administrative details

Registered charity name	The British Association of Aesthetic Plastic Surgeons

Charity registration number	294072

Company registration number	01970827

Principal office and registered	Royal College of Surgeons
office	Lincolns Inn Fields
	London
	WC2A 3PE

The trustees

	J S Ahmed
	A Fateh
	M S K W Ho-Asjoe
	D Izadi	(Appointed 2 October 2025)
	A H F MacQuillan
	R S Nassab
	N F Nugent
	M D Pacifico
	S Rimouche
	D Saleh
	R Taghizadeh
	M P L Tyler	(Appointed 2 October 2025)
	P A Wilson

The charity is controlled by its governing document, a deed of trust, and constitutes a company, limited by guarantee.

Independent examiner	Hardcastle Burton
	36 Dene Road
	Northwood
	Middlesex
	HA6 2DA

Objectives and activities

Objectives and aims

The objects for which the Association is established are advancement of education in , and the practice of, Aesthetic Plastic Surgery for public benefit, in particular:

a) To promote an interchange of knowledge for the advancement of Aesthetic Plastic Surgery among suitably qualified surgeons.

b) To stimulate training in this aspect of Plastic Surgery among Plastic and Reconstructive surgeons and their trainees.

c) To ensure that Aesthetic Plastic Surgery remains a recognised and respected discipline.

Significant Activities

Educational courses are held regularly by the Association and meetings involving distinguished overseas speakers are organised and promoted. The main meeting in the year is the Annual instruction meeting.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Financial review

The charity made a surplus of £77,688, (2024:£61,407). Reserves stood at £512,680, (2024:£434,992).The charity maintains enough reserves to cover one year's overheads.

Plans for future periods

Other educational meetings and courses are scheduled for the coming year.

The trustees' annual report and the strategic report were approved on 3 August 2026 and signed on behalf of the board of trustees by:

R S Nassab

Trustee

The British Association of Aesthetic Plastic Surgeons

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of The British Association of Aesthetic Plastic Surgeons

Year ended 31 December 2025

I report to the trustees on my examination of the financial statements of The British Association of Aesthetic Plastic Surgeons ('the charity') for the year ended 31 December 2025.

Responsibilities and basis of report

As the 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 accounts 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 the charity’s accounts 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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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 charity 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 accounts 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 accounts 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.

Independent Examiner

36 Dene Road Northwood Middlesex HA6 2DA

3 August 2026

The British Association of Aesthetic Plastic Surgeons

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 December 2025

	2025		2024
	Unrestricted funds	Total funds	Total funds
Note	£	£	£

Income and endowments

Charitable activities	5	673,626	673,626	669,874
Investment income	6	19,606	19,606	27,391
		---------	---------	---------
Total income		693,232	693,232	697,265
		---------	---------	---------

Expenditure

Expenditure on charitable activities	7,8	615,544	615,544	635,858
		---------	---------	---------
Total expenditure		615,544	615,544	635,858
		---------	---------	---------

	---------	---------	---------
Net income and net movement in funds	77,688	77,688	61,407
	---------	---------	---------

Reconciliation of funds

Total funds brought forward	434,992	434,992	373,585
	---------	---------	---------
Total funds carried forward	512,680	512,680	434,992
	---------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The British Association of Aesthetic Plastic Surgeons

Company Limited by Guarantee

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Tangible fixed assets	12	–	5,463

Current assets

Debtors	13	100,672	117,868
Cash at bank and in hand		592,020	396,547
		---------	---------
		692,692	514,415

Creditors: amounts falling due within one year	14	176,126	81,711
		---------	---------
Net current assets		516,566	432,704
		---------	---------
Total assets less current liabilities		516,566	438,167

Creditors: amounts falling due after more than one year	15	3,886	3,175
		---------	---------
Net assets		512,680	434,992
		---------	---------

Funds of the charity

Unrestricted funds		512,680	434,992
		---------	---------
Total charity funds	17	512,680	434,992
		---------	---------

For the year ending 31 December 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

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

These financial statements were approved by the board of trustees and authorised for issue on 3 August 2026 , and are signed on behalf of the board by:

R S Nassab

Trustee

The British Association of Aesthetic Plastic Surgeons

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Royal College of Surgeons, Lincolns Inn Fields, London, WC2A 3PE.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from meeting and training days is recognised in the year in which the events occur. - income from membership fees are recognised in the calendar year. This is classified as unrestricted funds .

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered, and is classified under headings of the statement of financial activities to which it relates:

- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% straight line

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The charity is a company limited by guarantee.

5. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Subscriptions	394,399	394,399	340,808	340,808
Meeting income	253,592	253,592	301,716	301,716
Regional aesthetic meeting	19,635	19,635	19,550	19,550
CPD accrediation income	2,000	2,000	–	–
Other income	4,000	4,000	7,800	7,800
	---------	---------	---------	---------
	673,626	673,626	669,874	669,874
	---------	---------	---------	---------

6. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	19,606	19,606	27,391	27,391
	--------	--------	--------	--------

7. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Promotion of Aesthetic Plastic Surgery	347,951	347,951	457,950	457,950
Support costs	267,593	267,593	177,908	177,908
	---------	---------	---------	---------
	615,544	615,544	635,858	635,858
	---------	---------	---------	---------

8. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Promotion of Aesthetic Plastic Surgery	347,951	267,593	615,544	635,858
	---------	---------	---------	---------

9. Net income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	5,463	9,750
Operating lease rentals	19,142	11,306
	--------	--------

10. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	130,852	142,402
Social security costs	451	391
Employer contributions to pension plans	14,253	13,904
Other employee benefits	675	573
	---------	---------
	146,231	157,270
	---------	---------

The average head count of employees during the year was 2 (2024: 2 ).

The number of employees whose remuneration for the year fell within the following bands, were:

	2025	2024
	No.	No.
£60,000 to £69,999	1	1
	----	----

11. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees;

No trustees have claimed expenses or had their expenses met by the charity.

12. Tangible fixed assets

	Equipment
	£
Cost
At 1 January 2025 and 31 December 2025	76,260
	--------
Depreciation
At 1 January 2025	70,797
Charge for the year	5,463
	--------
At 31 December 2025	76,260
	--------
Carrying amount
At 31 December 2025	–
	--------
At 31 December 2024	5,463
	--------

13. Debtors

	2025	2024
	£	£
Trade debtors	178	41,740
Prepayments and accrued income	14,340	–
Other debtors	86,154	76,128
	---------	---------
	100,672	117,868
	---------	---------

14. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	89,303	15,247
Accruals and deferred income	18,746	31,741
Other creditors	9,237	10,237
Other creditors	58,840	24,486
	---------	--------
	176,126	81,711
	---------	--------

15. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Social security and other taxes	3,886	3,175
	-------	-------

16. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 14,253 (2024: £ 13,904 ).

17. Analysis of charitable funds

Unrestricted funds

	At 1 January 2025	Income	Expenditure	At 31 December 2025
	£	£	£	£
General funds	434,992	693,232	(615,544)	512,680
	---------	---------	---------	---------

	At 1 January 2024	Income	Expenditure	At 31 December 2024
	£	£	£	£
General funds	373,585	697,265	(635,858)	434,992
	---------	---------	---------	---------