## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Trading activities
5
Investment income
6
Total income
**Expenditureon:**
Raising funds
7
Charitable activities
8
Total expenditure
Net gains/(losses)on
investment assets
Net income/(expenditure)
Net movementinfunds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19||**Unrestricted**
**Restricted**
**Designated**
**Total**
**funds**
**funds**
**funds**
**2025**
£
£
£
£
441,339
441,339
307,983
307,983
109,805
35,000
144,805
20,063
20,063
879,190
35,000
914,190
(97,620)
(97,620)
{831,455}
{15,124}
{846,579}
(929,075)
(15,124)
(944,199)
64,243
64,243
14,358
19,876
34,234
14,358
19,876
34,234
631,310
117,240
18,277
766,827
645,668
137,116
18,277
801,061| |---|---|---| |||| |||| |||| |||| |||| ## ## |**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Trading activities
5
Investment income
6
Total income
**Expenditure on:**
Raising funds
7
Charitable activities
8
Total expenditure
Net gains/(losses)on
investment assets
Net income/(expenditure)
Net movementinfunds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
19||**Unrestricted**
**Restricted**
**Designated**
**Total**
**funds**
**funds**
**funds**
**2024**
£
£
£
£
403,584
3,484
407,068
329,920
329,920
179,403
179,403
15,806
15,806
928,713
3,484
932,197
(109,333)
(109,333)
(857,242}
(460}
(1,800}
(859,502}
(966,575)
(460)
(1,800)
(968,835)
(6,347}
(6,347}
(44,209}
3,024
(1,800}
(42,985}
(44,209)
3,024
(1,800)
(42,985)
675,519
114,216
20,077
809,812
631,310
117,240
18,277
766,827| |---|---|---| |||| |||| |||| ## ## |**Note**
**Fixed assets**
Intangible assets
14
Tangible assets
15
Investments
16
**Current assets**
Stocks
Debtors
17
Cash at bank andinhand
**Creditors: Amounts falling due within one year**
18
**Net current assets**
**Total assets less current liabilities**
**Creditors: Amounts falling due after more than one year**
**Net assets**
**Funds of the Society:**
**Designated funds**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
19|**Note**
**Fixed assets**
Intangible assets
14
Tangible assets
15
Investments
16
**Current assets**
Stocks
Debtors
17
Cash at bank andinhand
**Creditors: Amounts falling due within one year**
18
**Net current assets**
**Total assets less current liabilities**
**Creditors: Amounts falling due after more than one year**
**Net assets**
**Funds of the Society:**
**Designated funds**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
19||**2025**
**2024**
£
£
30,578
47,220
58,242
28,543
590,934
555,489
679,754
631,252| |---|---|---|---| ||||| ||||11,735
11,984
33,247
30,179
203,004
215,218
247,986
257,381
(126,679}
(121,806}
121,307
135,575
801,059
766,827
801,059
766,827
18,277
18,277
137,116
117,240
645,666
631,310
801 ,059
766,827| ||||| ||||| ||||| ||||| ||||| ||||| ## ## |**Note**
**Cash flows from operating activities**
Net cash income/(expenditure)
**Adjustments to cash flows**
Depreciation
15
Amortisation
14
Loss/(profit)onsaleoffixed assets
Loss/(profit)onsaleofinvestments
Revaluation of investments
Donated assets received
Investment income
6
**Working capital adjustments**
(Increase)/ decreaseinstocks
Decrease/(increase)indebtors
17
(Decrease)/increaseincreditors
18
(Decrease)/increaseindeferred income
Net cash flows from operating activities
**Cash flows from investing activities**
Purchase of intangible fixed assets
14
Purchase of tangible fixed assets
15
Saleoftangible fixed assets
Purchase of investments
Proceeds from sale of investments
Income from dividends and interest
6
Net cash providedby(used in) investing activities
**Cash flows from financing activities**
Net (decrease)incash and cash equivalents
Cash and cash equivalents at 1 January
Cash and cash equivalents at31December|**Note**
**Cash flows from operating activities**
Net cash income/(expenditure)
**Adjustments to cash flows**
Depreciation
15
Amortisation
14
Loss/(profit)onsaleoffixed assets
Loss/(profit)onsaleofinvestments
Revaluation of investments
Donated assets received
Investment income
6
**Working capital adjustments**
(Increase)/ decreaseinstocks
Decrease/(increase)indebtors
17
(Decrease)/increaseincreditors
18
(Decrease)/increaseindeferred income
Net cash flows from operating activities
**Cash flows from investing activities**
Purchase of intangible fixed assets
14
Purchase of tangible fixed assets
15
Saleoftangible fixed assets
Purchase of investments
Proceeds from sale of investments
Income from dividends and interest
6
Net cash providedby(used in) investing activities
**Cash flows from financing activities**
Net (decrease)incash and cash equivalents
Cash and cash equivalents at 1 January
Cash and cash equivalents at31December|**2025**
**2024**
£
£
34,234
(42,985)
13,289
9,839
16,642
3,301
(3,253)
(17,634)
(46,609)
6,347
(41,715)
(18,480}
(15,806}
(63,526)
(39,304)
249
(5,080)
(3,068)
2,421
14,018
(9,703)
(9,145}
1,715
(61,472}
(49,951}
(50,428)
(3,083)
(10,310)
5,063
(25,000)
(160,765)
53,798
212,759
18,480
15,806
49,258
7,062
(12,214)
(42,889)
215,218
258,107
203,004
215,218| |---|---|---| |||| |||| |||| |||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||| |---|---| |**Asset class**|**Amortisation method and rate**| |Website and software developed|3 years| |CRM|3 years| ## |**Asset class**|**Depreciation method and rate**| |---|---| |Computer equipment|3 years| |Office equipment|5 years| |Show equipment|5 years| |Leasehold premises over the period ofthelease|4 years| |Equipment heldbybranches|upto5 years| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |**3 Income from donations and legacies**|| |---|---| |**Donations and legacies**
Subscriptions
Donations
Gift aid tax recovered
Legacies|**Unrestricted**
**funds**
**Restricted**
**Total**
**General**
**funds**
**2025**
£
£
£
322,878
322,878
58,070
58,070
60,058
60,058
333
333| ||441,339
441,339| ## ## ## |**Donations and legacies**
Subscriptions
Donations
Gift aid tax recovered
Legacies|**Unrestricted**
**funds**
**General**
£
315,369
28,313
59,902
403,584
**Restricted**
**funds**
£
3,484
3,484
**Total**
**2024**
£
315,369
28,313
59,902
3,484
407,068| |---|---| ## |Training income
Branch activities
Training income
Branch activities|**Unrestricted**
**funds**
**General**
£
266,268
41,715
307,983
**Unrestricted**
**funds**
**General**
£
280,706
49,214
329,920
**Total**
**2025**
£
266,268
41,715
307,983
**Total**
**2024**
£
280,706
49,214
329,920| |---|---| ## |**5 Income from other trading activities**|||| |---|---|---|---| |**Fundraising and Trading Income**
Fund raising
Trading Income
Fund raising
Trading income|**Unrestricted**
**funds**
**General**
£
53,150
56,655||**Restricted**
**funds**
£
35,000
35,000
**Unrestricted**
**funds**
**General**
£
132,801
46,602
179,403
**Total**
**2025**
£
88,150
56,665
144,805
**Total**
**2024**
£
132,801
46,602
179,403| ||109,805||| ||||| ||||| ## ## ## ## |**Investment income**
Bank interest
Dividends receivable from other listed investments
**Total for 2025**
**Investment income**
Bank interest
Dividends receivable from other listed investments
**Total for 2024**|**Unrestricted**
**funds**
**Total**
**General**
**funds**
£
£
1,583
1,583
18,480
18,480| |---|---| ||20,063
20,063| ||**Unrestricted**
**funds**
**Total**
**General**
**funds**
£
£
1,975
1,975
13,831
13,831
15,806
15,806| ## |Donations
Trading
**Total for 2025**
Donations
Trading
**Total for 2024**|**Unrestricted**
**funds**
**General**
£
33,875
63,745
97,620
**Unrestricted**
**funds**
**General**
£
49,820
59,513
109,333
**Restricted**
**funds**
£
**Restricted**
**funds**
£
**Designated**
**Total**
**funds**
**funds**
£
£
33,875
63,745
97,620
**Designated**
**Total**
**funds**
**funds**
£
£
49,820
59,513
109,333| |---|---| ## ## ## ## |Research and education
Technical and advisory
Membership, marketing
and data management
Media and publications
Training
Other activities
(Gain)/Loss on disposal
Deer initiative
**Total for 2025**
Research and education
Technical and advisory
Membership, marketing
and data management
Media and publications
Training
Other activities
(Gain)/Loss on disposal
Deer initiative
**Total for 2024**|**Unrestricted**
**funds**
**General**
£
28,938
144,192
358,255
21,457
264,118
12,871
(3,253)
4,877
831,455
**Unrestricted**
**funds**
**General**
£
28,917
155,292
360,503
22,965
230,243
54,102
5,220
857,242
**Restricted**
**Designated**
**Total**
**funds**
**funds**
**funds**
£
£
£
5,124
34,062
144,192
358,255
21,457
10,000
274,118
12,873
(3,255)
4,877
15,124
846,579
**Restricted**
**Designated**
**Total**
**funds**
**funds**
**funds**
£
£
£
1,800
30,717
155,292
360,503
22,965
230,243
460
54,562
5,220
460
1,800
859,502| |---|---| ## ## ## |Independent examination fees and other services
Legal and professional fees
AGM and meeting expenses|**2025**
£
3,500
1,838
2,214
7,552
**2024**
£
3,500
12,533
3,500
19,533| |---|---| ## ## |**Basis of**
**allocation**
Salaries and related costs
Allocated based
upon time
General office expenses
Allocated based
upon usage
Accountancy fees
Governance
Legal and professional fees Governance
• AGM and meeting expenses Governance|**Governance**
**General**
**Total**
**Total**
**costs**
**support**
**2025**
**2024**
£
£
£
£
109,739
109,739
141,136
177,845
177,845
150,560
3,500
15,140
18,640
15,300
1,838
1,838
18,395
2,214
2,214
12,059
7,552
302,724
310,276
337,450| |---|---| ## ## ||**2025**|**2024**| |---|---|---| ||£|£| |Gross salaries|349,175|368,730| |Employers National Insurance|36,022|33,542| |Pension Contributions|7,692|9,486| |Total staff costs and emoluments|392,889|411,758| |Average head count of employees||| |Technical|3|3| |Support|6|7| |Governance||| |There was one employee with emoluments between £70,001 - £80,000 (2024 £60,001 - £70,000)||| |The Trustees neither received nor waived any emoluments during the year, andnohonoraria were||| |payable. Outofpocket expenses were reimbursedto4 (2024:|4) Trusteesasfollows:|| ||**2025**|**2024**| ||£|£| |Travelling and accommodation|1,869|1,701| ## ||**2025**|**2024**| |---|---|---| |During the year the following number of employees accrued retirement||| |benefits under the Money Purchase Scheme|6|6| ## ## ## |**13Net income**
Net incomeischarged with the following costs:
Depreciation
Amortisation
Fees for accountancy and other services|**2025**
**2024**
£
£
13,289
9,839
16,642
3,301
5,950
5,050| |---|---| ||35,881
18,190| ## |**Cost**
At 1 January 2025
Additions
At31December 2025
**Amortisation**
At 1 January 2025
Charge for the year
At31December 2025
**Net book value**
At31December 2025
At31December 2024|**Website & other**
**intangible assets**
**Total**
£
£
160,873
160,873
160,873
160,873
113,653
113,653
16,642
16,642
130,295
130,295
30,578
30,578
47,220
47,220| |---|---| ## ## ## |**Cost**
At 1 January 2025
Additions
Disposals
At31December 2025
**Depreciation**
At 1 January 2025
Charge for the year
Eliminatedondisposals
At31December 2025
**Net book value**
At31December 2025
At31December 2024|**Land and**
**Training Computer**
**Office**
**buildings equipment equipment equipment**
£
£
£
£
101,386
28,299
23,838
17,507
42,602
1,118
598
(3,014}
**Branch**
**assets**
**Total**
£
£
75,816 246,846
478
44,796
-
(3,014}| |---|---| ||101,386
67,887
24,956
18,105
101,386
21,578
20,922
15,896
3,508
1,831
706
(1,206)
101,386
23,880
22,753
16,602
44,007
2,203
1,503
6,721
2,916
1,611
76,294 288,628
58,521
218,303
7,244
13,289
-
(1,206)
65,765 230,386
10,529
58,242
17,295
28,543| ## ## ## ## |Other investments
**Other investments**
**Cost or Valuation**
At 1 January 2025
Additions
Disposals (OMV)
Revaluation
At31December 2025
**Net book value**
At31December 2025
At31December 2024
**17 Debtors**
Trade debtors
Prepayments
Other debtors||**2025**
£
590,934|**2024**
£
555,489| |---|---|---|---| |||**Listed**
**investments**
£
555,489
25,000
(53,798)
64,243|**Total**
£
555,489
25,000
(53,798)
64,243
590,934
590,934
555,489
**2024**
£
5,129
23,856
1,194
30,179| |||590,934|| |||590,934|| |||555,489
**2025**
£
12,819
20,428|| |||33,247|| ## ## ## |Trade creditors
Other taxation and social
security
Accruals
Deferred income
**Deferred Income**
Deferred income b/fwd
Deferred income received
Deferred income releasedin
year
Deferred income c/fwd||**2025**
**2024**
£
£
27,648
15,160
11,506
10,876
5,950
5,050
81,575
90,720
126,679
121,806
**2025**
**2024**
£
£
90,720
89,005
60,075
74,350
(69,220}
(72,635}
81,575
90,720| |---|---|---| |||| ## ## ## ## |**Unrestricted funds**
General
**Restricted funds**
**Designated funds**
Expendable
**Total funds**
**Unrestricted funds**
General
**Restricted funds**
**Designated funds**
Expendable
**Total funds**||**Balance at 1**
**January 2025**
£
631,310
117,240
18,277
**Incoming**
**resources**
£
879,190
35,000
**Resources**
**Balance at31**
**expended December 2025**
£
£
(864,832)
645,668
(15,124)
137,116
18,277| |---|---|---| |||766,827
**Balanceat1 **
**January 2024**
£
675,519
114,216
20,077
914,190
**Incoming**
**resources**
£
928,713
3,484
(879,956)
801,061
**Resources**
**Balance at31**
**expended December 2024**
£
£
(972,922)
631,310
(460)
117,240
(1,800)
18,277| |||809,812
932,197
{975,182)
766,827| ## ## ## ## |Intangible fixed assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Intangible fixed assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets|**Unrestricted funds**
**General**
£
30,578
58,242
590,934
92,593
(126,679}
645,668
**Unrestricted funds**
**General**
£
47,220
28,543
555,489
121,864
(121,806}
631,310
**Designated**
£
18,277
18,277
**Designated**
£
18,277
18,277
**Total funds at**
**Restricted**
**31December**
**funds**
**2025**
£
£
30,578
58,242
590,934
137,116
247,986
(126,679}
137,116
801,061
**Total funds at**
**Restricted**
**31December**
**funds**
**2024**
£
£
47,220
28,543
555,489
117,240
257,381
(121,806}
117,240
766,827| |---|---| ## ## ##