BRITISH ASSOCIATION OF SPORT AND EXERCISE MEDICINE

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1 in the financial statements and the Trustees Annual Report, which indicates that a material uncertainty exists as the charity is in later stages of a potential merger. As part of the merger, there is a possibility that the company will transfer operations and net assets to a new entity, and wind up the company within the next 12 months. Our opinion is not modified in respect of this matter.

1. BRITISH ASSOCIATION OF SPORT AND EXERCISE MEDICINE 1999-12-23 → present
2. BRITISH ASSOCIATION OF SPORT AND MEDICINE 1985-11-21 → 1999-12-23

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 1 in the financial statements and the Trustees Annual Report, which indicates that a material uncertainty exists as the charity is in later stages of a potential merger. As part of the merger, there is a possibility that the company will transfer operations and net assets to a new entity, and wind up the company within the next 12 months. Our opinion is not modified in respect of this matter.”

Significant events

• “Ongoing discussions with the UK Faculty of Sport & Exercise Medicine (FSEM) to create a brand-new College of Sport, Exercise, and Musculoskeletal Medicine, bringing together the activities of both BASEM and FSEM into a single organisation.”
• “BASEM membership voted in favour of working with FSEM to establish a College, meaning dissolving both existing charities to form a new organisation, with legal advice and communication ongoing throughout 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +6.5%

  £941,454 → £1,002,705

• Cash

  +7.8%

  £2,118,569 → £2,283,350

• Net assets

  +1.7%

  £2,964,963 → £3,014,809

• Employees

  -16.7%

  6 → 5

• Profit before tax

  -69%

  £161,033 → £49,846

• Wages

  +22.9%

  £195,414 → £240,213

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers