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2026-01-31-accounts

Registered Company Number 03616880 (England and Wales) Registered Charity Number : 1071779

Report of the Trustees and Unaudited Financial Statements for the year ended 31st January 2026 For The Herb Society Limited

PJR Accountancy Services 16-18 West Street Rochford Essex, SS4 1AJ

The Herb Society Limited (Registered Number : 03616880)

Contents of the Financial Statements For the year ended31st January 2026

Page
Reportofthe Trustees 1 to 11
Independent Examiner’sReport 12
Statement of Financial Activities 13
Balance Sheet 14 to 15
Notes to the Financial Statements 16 to 24
Detailed Statement of FinancialActivities 25

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended 31st January 2026

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 31st January 2026. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered CompanyNumber 03616880 (England and Wales)

Registered Charity Number 1071779

Registered Office 16-18 WestStreet Rochford Essex SS4 1AJ

Tru ste es B Wilkinson N Howes KMorgan-Owen L Shore Atma KaurNarinder (appointed 28.02.2025) Mona CelieceChannet (appointed 28.05.2025) Laura JanePardoe (appointed 24.11.2025)

Previous Presidents: Toby Buckland, Sophie Grigson, Judith Hann, Anne McIntyre, Sarah Raven, Jekka McVickar, Alys Fowler Treasurer: L Scates (appointed 26.01.2026) Chairperson: B Wilkinson Vice Chairperson: Vacant Administration Support: E Caldwell Operational Support: N Bahrt Finance Support: L Scates L Scates

Company Secretary:

Page 1

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended 31st January 2026

Independent Examiner Ben Pounds MAAT PJR Accountancy Services 16-18 West Street Rochford Essex SS4 1AJ

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The trust deed was dated 1959, the company was incorporated on 17th August 1998 and the liability of each member, in the case of the company being wound up, is limited to £1.

Recruitment and appointment of new trustees

Historical, horticultural and medical herbalistskills along with business experience are well represented on the Council. In the event of particular skillsbeing lost through retirement or new skills being required, individuals are approached to offer themselvesfor election to the Council. To enhance the potential pool of council members, the Charity advertises inits“Herbs” members magazine and or other Herb Society electronic communications.

Page 2

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended 31st January 2026

STRUCTURE, GOVERNANCE AND MANAGEMENT Inductionand trainingofnewtrustees

New trustees are referredto guidanceon the Charity Commission website about their duties as trustees. Ifadopting a specific role,and wherepossible, they will work alongside the retiring trustee to experience the duties required andtobecome familiar with the range of work undertaken by the Society.

Organisational structure

The directors of the company are also the Charity’s trustees for the purposes of charity law. Under the Memorandum and Articlesof Association the directors are known as the Council and are elected to serve for a period of three years,at the end of which time they are obliged to offer themselves for re-election at the Annual General Meeting.

Elaine Caldwell continued as the Society’s administrator and Linda Scates continued as Finance Support. Linda Scates took over the voluntary role of Treasurer with effect from 26.01.2026). Nichole Bahrt continued as Operational Support Manager. Elaine, Linda and Nichole support the Society on a part-time, selfemployed basis.

The role of Presidentwas previously abolished, and we have, during this period, seen little detrimental outcome as a resultoflosing this role.

Risk management

The trustees haveaduty to identify and review the risks to which the Charity is exposed and to ensure appropriate controlsare in place to provide reasonable assurance against fraud and error. Internal risks are minimised,withprocedures for the authorisation of all transactions and for projects. Financial reports feature at everymeeting of the Council and an outline budget is submitted to the Council annually.

The Risk Registerwasprepared for the purpose of identifying areas of possible weakness, each area being categorised accordingto the assessment of potential risk to the Society. The Council review the Register from time to timetoensure that it remains relevant and potential problems are kept under surveillance with action takenshould this prove to be necessary.

Page 3

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended31st January 2026

OBJECTIVES AND ACTIVITIES Objectives, aims andsignificantactivities: The Society was founded in 1927 to promote, improve and increase the appreciation and use of herbs within the community and the prevention of disease. The Council seek to ensure that these aims are reflected in the diversity of the trustees. The objectives and principal activities are to :-

The Society’s presence on Social Media continues to increase with this presence focused on Instagram, Facebook and a renewed vigour in our Herb Society newsletter.

Our magazine production team are contracted to producing three magazines per year. With the centenary approaching, we are investigating special inserts for some editions. Considerations for four editions have been put on hold - with a new website giving a vast increase in information and content, and early plans to have a YouTube channel instead being explored.

Education remains an important function of the Society. Our book club and student group are now well established - with much thanks due to the hard work of Nicola Sabin. Online events are gaining a good and consistent audience. The ambassadors scheme is a form of education on the ground, and corporate support from the major Herbalism course providers and Herbal Reality, show we are a community hub with a broad scope and high quality.

The strategies employed by the Charity to achieve this include:

Page 4

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended 31st January 2026

~~Centenary Plans~~

The Charity intends to make substantial promotional impact when celebrating the centenary in 2027, with events and projects which will draw members, public and press interest. Plans include:

functions. The central design can be used on all centenary promos. Including a harvesting calendar, it will be released as a limited-edition art print (to gain good press) and then can be printed in standard means for continued sale with existing poster stock. Belle Benfield has been appointed and drafts are imminent.

● Special edition of Herbs - with the design and a pull out.

The Gerard Herbal remains on loan to the Garden Museum in London which is on public display. The Garden Museum have expressed high interest to be involved with the Centenary Library Trail.

The trustees continue to look at ways of updating and improving benefits for the members.

Membership:

The Trusteesnote that the membership of 31st January 2026 is 1114 from being 1077 at 31st January 2025 (31st January2024 - 1163, 31st January 2023 – 1180, 31st January 2022 – 1197, 31st January 2021 – 1158). This meansthat membership numbers have remained constant during a year where typically charitable membershipshave fallen due to the Cost-of-Living Crisis. The Society has maintained membership levels at more than1000 throughout the year.

Volunteers:

The Societyrelies heavily on unpaid volunteers and is always seeking those who can contribute towards any aspectofthe running of the Society.

Page 5

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended31st January 2026

ACHIEVEMENT AND PERFORMANCE Year ending January 2026

Introduction

The Trustees are pleasedto present this annual report. The new team are well settled into their roles and form a strong, caringand motivated group that work well together. Throughout 2025 we have continued to fulfil ourcharitable objectives while evolving as a modern organisation with the new website creation takingcentre stage - and its launch is now only a month away. This represents a substantial amount ofwork, and we hope its impact will be great.

Membership & Finance

Despite challenging conditions for charities sector-wide, we welcomed new members each month, with membership largely holding place, with small losses as standard. We are reviewing renewal methods, as it is felt this could stop inadvertent drop-off; this will be implemented gradually with new members first, and the website making this process easier too. Membership income remained the main source of revenue. A legacy payment from a long-standing member of £10,000 paid for the website upgrade - insert name. Atma helped develop a tiered sponsorship package programme which has been successful in gaining substantial funding for our events in progress for the centenary and will continue to be used going forward for moreprojects.

Trustees & Governance

Through 2025 the Charity focussed on building a strong, structured and larger team, and this has been established, and updated trustee profiles have been circulated. We appointed Atma Kaur Narinder, Mona Celiece Channet and Laura Jane Pardoe. The Society has not looked further into a presidential role. Barbara Wilkinson agreed to become Chairperson in full, not just interim. Malcolm, our longstanding treasurer stood down at the AGM. This role was recently taken up by Linda Scates. (At the time ofwriting,though outside this report timeline,NicolaSabinhas resignedinApril2026 - wesend our warm thanks and wish her very well in her future endeavours.)

Volunteers & Ambassadors

Barbara and Laura have been working to realign and strengthen the ambassador network, which is now well established and extensive. This exemplifies the Charity goals of being a community hub at grass roots levels. Volunteering roles have been in flux, and careful consideration of suitable work continues.

Page 6

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended 31st January 2026

Events & Outreach

We held three major online events in 2025. We hosted a member’s day at John Cullen Gardens in Lincolnshire. Wemembers day, now the Autumn Gathering, for 2026 will be in Birmingham. Planning is underway for 2027centenary celebrations, as above. We have been invited to have a free table at the Lincoln UniversityHerbal Conference in April 2026, which will be hosted by Kate. Barbara will be attending the newRHS show at Sandringham this summer.

Book Club & Community

The Book Club, led by Nicola Sabin,continued to grow with popular discussions of herbal-themed fiction and non-fiction. The Student Grouphas also gained good ground. Laura and Nichole have worked to ensure the ambassadors feel engagedas a community too. Engagement with the newsletter has been mixed - care on length and contentisin review.

Publications & Communications

The magazine continued to be acoremember benefit, with content contributions from trustees, ambassadors, and herbal experts.Distribution was managed to spread costs more evenly across months. The newsletter was consistently issued with updates, articles, and member news. Efforts were made to promote blog contributionsfrom members and ambassadors. New content for the website has taken priority.

Structured plans to approach magazines and related press for copy and articles regarding the centenary in particular, has beendiscussed - to be developed. Timelines for this are also in review.

Heritage& Archives

Plans discussed on thelast report have not been followed up. The website has taken priority and will play a role in how wepresent the archives. Our heritage section for the new website has been expanded. New linkswith the Herbal Heritage Trust linked to NIMH were suggested but have not progressed so far.

New contacts at theHerbal History Network could be approached to help with this work and collaborate more.

Looking Ahead

The idea of aNational Lottery Heritage Fund bid was removed in the end, with new leads followed instead as outlined above. As we head towards our centenary, the Society is committed to strengtheningits roots while growing into new areas, from student and public engagement to digital resources andnational partnerships. Our thanks to all trustees, volunteers, ambassadors, and members for their contributions this year.

Page 7

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended 31st January 2026

FINANCIAL REVIEW

Reserves policy

The Society’s normal policy is to hold unrestricted cash funds available to meet the equivalent of quarterly average expenditure. During this year, the Society has not had to cash in any more Fixed Interest Units to cover costs. We have had the first profitable year in a number of years, and this has been put down to the revision of membership fees following a full cost to serve exercise.

The cash funds, £89,509 (2025 - £70,670) are held by the Society’s bankers HSBC plc on deposit account available for immediate access. The rate of interest paid by HSBC bank remains derisory.

Investment performance

The Society still holds a specialist Fixed Interest Fund, allied with equities, giving a level of income with capital security which meets the Charity’s requirements. The investment market has been steady for the Society this year, with the bid-market value of the units increased slightly to 129.00 pence per unit as at 31st January 2026 from 126.92 as at 31st January 2025. The Society’s unit holding remains the same as at 31st January 2025 with 50,000 units as at 31st January 2026.

The Fixed Interest Fund value was £63,460 as at 31st January 2025 (£61,205 at 31st January 2024). This shows an increase in fund value of £2,255. The yield on this investment is £1.26 per unit.

Business Overview

The Society is nowmeeting the required membership and advertising income levels to maintain balanced books. We are investigating ways to ensure that any additional income can be invested to secure the longterm future of theSociety as well as to improve member benefits, through recruitment of an Operational Support Officer andthe use of online events for members.

Page 8

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended31st January 2026

FINANCIALREVIEW Overview

The overallfinancial position of the Society is still healthy with good reserves and membership maintained at over 1,000 members. Cash reserves were used to offset the shortfall in income against expenditure, thereforenot requiring any further sale of Fixed Interest Fund Units.

Gift Aid isaparticularly important source of income for the Society; the claim this year generated a refund of £3,443from 337 members, which represents 30.25% of the membership. This is a slight decrease on last year.(2025 £3,811 from 369 members – 34.2%, 2024 £3,914 from 474 members – 40.8%, 2023 £3,386 from 443members – 38.0%, 2022 £3,392 from 445 members – 37.2%, 2021 £3,165 from 415 members – 35.8%). Anymember who wishes to check if they are opted into Gift aid can contact our membership administrator. There is no cost whatsoever to the member, but the Society benefits from 25p in every £1 (NOTE: Members need to be a UK taxpayer).

Income has increased again this year to £68,360 compared to £56,393 last year, equating to an additional 11,967 which represents a 21.22% increase. Operational costs have increased to £51,468 compared to £45,302 in the previous year, which has resulted in the Society’s finances having an operational profit of £16,892 compared to a profit of £11,091 in the previous year. When we then factor in the profit on the investments the overall result is a net movement in funds of £18,192 compared to £13,346 in the previous year.

The Council encouragememberstonowpaybyGoCardless Direct Debit, as this is far more cost effective and automates the membershipadministrationandrenewal process as much as possible. This new payment method alongwithPayPalautorenewalislinked to the new website and membership database. We still operate DirectDebitpaymentsviatheoriginal Smart Debit system, however this is more expensive and involvesmanualrenewals,soultimatelythis system will be phased out and all Direct Debit payers will be migratedtoGoCardless.Anymemberswishing to change to GoCardless Direct Debit should contact our membershipadministrator.

Alegacy scheme is availabletomemberswhowishtobequeath money to the Society, details of which are published periodicallyinourHerbmagazine,oralternatively you can contact the Society for details.

Principal fund sources For the financial yearendingJanuary2026 65.17% (2025 – 80.19%, 2024 – 80.71%, 2023 – 80.01%, 2022 – 78.46%, 2021 – 79.86%)oftheSociety’sgrossincome was generated from subscriptions, with 5.12% (2025 – 4.89%, 2024–4.35%,2023–3.75%,2022–4.21%, 2021 – 5.42%) from dividends and interest. Income from advertisinginthemagazinedecreasedto£1,169 which represents 1.71% (2025 - £3,357 – 5.95%, 2024 - £1,831–3.84%,2023-£2,189–4.72%,2022 - £2,797 – 6.16%, 2021 - £1,157 – 2.81%). Trustees are reviewingadvertisingopportunitiesinthemagazine and on the website as a new corporate membership has nowbeenintroducedthereforesomeincome will move from advertising to membership.

Page 9

The Herb Society Limited (Registered Number : 03616880)

Report of theTrustees

st

For the year ended 31 January 2026

Subscription rates have increased with effect from1 st September 2023, which includes overseas and Corporate Membership. A revised corporate packagehasallowed us to increase this annual membership to £150 per annum and we have seen a substantialincrease in corporate members even with this increased cost. Membership rates are published in themagazine and on our website.

Any members still paying by the old Standing Order method are requested to ensure they are paying the current membership rate. Please be advised it is not possible for the Society to amend any Standing Orders, this must be updated by the member themselves either with online banking or at the bank. Please also consider changing over to Direct Debit, if you do this, please ensure you remember to cancel your existing Standing Order.

The trustees are seeking additional volunteer members to join the council to help support the running of the Society. With the added value of the new website, e-newsletter, social media marketing activities, the membership should continue to grow. The trustees are striving to achieve a break-even status of Income vs Expenditure during the next financial year. The new website has started to streamline membership administration despite having several initial teething problems. The council looks forward to a positive future with a strong long-term membership.

Page 10

The Herb Society Limited (Registered Number : 03616880)

Report of the Trustees For the year ended 31st January 2026

FUTURE DEVELOPMENTS

The Society willcontinueworkingtowardsitsobjectivesinresponse to the competitive and challenging public service environment.Theobjectivesareoutlinedinourstrategic objectives document (available to members on thewebsite)aswellasthecontinuedongoingasbelow :-

15/05/2026

Approved by order of the board of trustees on …………………………………………….. and signed on its behalf by

…………………………………….. BWilkinson – Trustee and Chair

Page 11

Independent Examiner’s Report to the Trustees of

The Herb Society Limited (Registered Number : 03616880)

Ireport on the accounts of the company for the year ended 31st January 2026 which are set out on pages thirteen to twenty-five.

Responsibilities and basis of report

As the Charity’s trustees (andalsothedirectors for the purpose of company law) you are responsible for the preparation of the accountsinaccordance with the requirements of the Companies Act 2006.

Having satisfied myself thatthecharity is not subject to audit under company law and is eligible for independent examination,Ihaveexamined your Charity’s accounts as required under Section 145 of the Charities Act 2011 (“the Act”).Incarrying out my examination I have followed the directions given by the Charity Commission underSection145(5)(b) of the 2011 Act.

My role is to state whetheranymaterial matters have come to my attention giving my cause to believe:-

  1. That accounting recordswerenot kept as required by Section 386 of the Companies Act 2006; or

  2. That the accounts donotaccord with those records; or

  3. That the accounts donotcomply with the accounting requirements of Section 396 of the Companies Act 2006andwith the methods and principles of the Charities Statement of Recommended Practiceapplicable to charities preparing their accounts in accordance with the Financial Reporting Standardapplicable in the UK and Republic of Ireland; or

  4. That there is further information needed for a proper understanding of the accounts.

Independent examiner’s statement Ihave completed my examinationandhave no concerns in respect of the matters (1) to (4) listed above and, in connection with followingtheDirections of the Charity Commission I have found no matters that require drawing to your attention.

Ben Pounds MAAT

PJR Accountancy Services 16-18 West Street Rochford Essex SS4 1AJ

Date : …………………..

Page 12

The Herb Society Limited (Registered Number : 03616880)

Statement of Financial Activities For the year ended 31st January 2026

31.01.26 31.01.25
Unrestricted Total Funds
Funds
£ £
Notes
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary Income 2 61,262 49,485
Activities for generating funds 3 3,601 4,149
Investment income 4 3,497 2,759
Total incoming resources 68,360 56,393
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary income 5 33,724 27,885
Fundraising trading : cost of goods sold and other costs 6 15,858 15,119
Governance costs 1,886 2,298
Total resources expended 51,468 45,302
======= =======
NET INCOME/(OUTGOING) RESOURCES 16,892 11,091
Other recognised gains/losses
Gains/losses on investment assets ~~1,300~~ ~~2,255~~
Net movement in funds 18,192 13,346
RECONCILIATION OF FUNDS
Total funds brought forward ~~117,991~~ ~~104,645~~
TOTAL FUNDS CARRIED FORWARD 136,183 117,991
====== ======

The notes form part of these financial statements

Page 13

The Herb Society Limited (Registered Number : 03616880)

Balance Sheet As at 31st January 2026

31.01.26 31.01.25
Unrestricted Total Funds
Funds
£ £
Notes
FIXED ASSETS
Intangible Assets 9 13,120 5,083
Tangible Assets 10 265 -
Investments 11 ~~64,760~~ ~~63,46~~
78,145 0
68
,543
CURRENT ASSETS
Stocks 1 858 776
Debtors 2 3,936 4,523
Cash at Bank and in hand 1 89,509 70,670
3 94,303 75,969
C RE DITORS
Amounts falling due within one year 14 ~~(32,065)~~ ~~(22,321)~~
NET CURRENT ASSETS 62,238 53,648
========= =========
TOTAL ASSETS LESS CURRENT LIABILITIES ~~140,383~~ ~~122,191~~
NET ASSETS 140,383 122,191
======= =======
FUNDS
Revaluation reserve 1 4,200 4,200
Unrestricted funds 7 ~~136,183~~ ~~117,991~~
1
TOTAL FUNDS 6 ~~140,383~~ ~~122,191~~
======= =======

The notes form part of these financial statements

continued……..

Page14

The Herb Society Limited (Registered Number : 03616880)

Balance Sheet – continued As at 31st January 2026

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies House 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 trust 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 special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

15/05/2026

Thefinancial statements were approved by the Board of Trustees on ………………………… and were signed onits behalf by :-

……………………………………………..

BWilkinson – Trustee and Chair

The notes form part of these financial statements

Page15

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements For the year ended 31st January 2026

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the Charity is legally entitled to theincome and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accountedfor on an accruals basis and has been classified under headings that aggregate all cost relatedto the category. Where costs cannot be directly attributed to particular headings they have beenallocated to activities on a basis consistent with the use of resources.

Intangible fixed assets Amortisation is providedat the following annual rates in order to write off each asset over its estimated useful life.

Intellectual Property - not provided Website - provided at 20% straight line

Tangiblefixedassets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture, equipmentand slides - provided at 27.5% on reducing balance

Stocks

Stocksare valued at the lower of cost and net realisable value, after making due allowance for obsoleteand slow moving items.

Ta xati on

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

Page 16

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements - continued For the year ended 31st January 2026

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

2. VOLUNTARY INCOME

31.01.26 31.01.25
£ £
452
Donations 598 3,811
Gift Aid – tax rebate 3,443
Legacies & bequests 12,670 -
Subscriptions 44,551 ~~45,222~~
61,262 49,485
======== ========
3. ACTIVITIES FOR GENERATING FUNDS
31.01.26 31.01.25
£ £
Advertising revenue 1,169 3,357
Sales and commissions (gross) ~~2,432~~ ~~79~~2
3,601 4,149
======= =======
4. INVESTMENT INCOME
31.01.26 31.01.25
£ £
Interest Received 3,497 2,759
====== ======

Page17

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements - continued For the year ended 31st January 2026

5. COSTS OF GENERATING VOLUNTARY INCOME

31.01.26 31.01.25
£ £
Agency Charges 23,734 19,322
Telephone, postage and stationery 2,007 1,337
Advertising and promotion 762 1,433
Bank and finance charges 978 945
Direct debit costs and charges 457 446
Bad debts 18 -
Website costs 2,317 3,098
Storage
and
associated		 costs 1,355 1,283
Amortisation 2,030 -
Depreciation 66 21
33,724 27,885
======== ========

6. FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS

Publication and distribution costs

31.01.26 31.01.25
£ £
15,858 15,119
15,858 15,119
======= =======

7. NET INCOMING/(OUTGOING) RESOURCES

Net resources are stated after charging/(crediting)

31.01.26 31.01.25
£ £
Depreciation – owned assets 66 21
======== ========

Page18

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements - continued For the year ended 31st January 2026

8. TRUSTEES’ REMUNERATION AND BENEFITS

st January 2026 (or for

There were no trustees’ remuneration or other benefits for the year ended 31st January 2026 (or for the year ended 31st January 2025) other than the provision of refreshments at meetings of the Council.

Trustees’ expenses

The trustees are reimbursed for reasonable travelling costs in accordance with the mileage allowance scale laid down by the Council. The basis of payment applied was unchanged for both the year ended 31st January 2026 and 31st January 2025.

9. INTANGIBLE FIXED ASSETS

~~5,000~~
-
~~5,000~~
-
~~-~~
~~-~~
At 31st
At 31st
January 2026
January 2025
At 1 February 2025
Charge for Year
st
At 31 January 2026
st
AT 1 February 2025
Additions
ST
At 31 January 2026
st
5,0 00
=======
5,000
=======
“ G erar d’s
The Herball
1636”
£
COST
AMORTISATION
NET BOOKVALUE		 £
-
~~10,150~~
~~10,150~~
-
~~2,030~~
~~2,030~~
8,120
=======
-
=======
£
~~5,000~~
~~10,150~~
~~15,150~~
-
~~2,030~~
~~2,030~~
We bs ite
Totals
13,120
== ==== =
5,000
== ==== =
=
=

Page 19

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements - continued For the year ended 31st January 2026

10. TANGIBLE FIXED ASSETS

10. TANGIBLE FIXED ASSETS
Furniture,equipment Totals
andslides
£ £
COST
AT 1 February 2025
ST		 ~~8,953~~ ~~8,953~~
Additions 248 248
At 31 January 2026
st		 ~~9,201~~ ~~9,201~~
DEPRECIATION
At 1 February 2025
st		 8,870 8,870
Charge for Year ~~66~~ ~~66~~
At 31 January 2026
st		 ~~8,936~~ ~~8,936~~
NET BOOKVALUE
At 31st
January 2026		 265 265
======= =======
At 31st
January 2025		 83 83
======= =======

11. FIXED ASSET INVESTMENTS

Listed investments
£
MARKET VALUE
At 1 February 2025
st		 63,460
Disposals
Revaluations ~~1,300~~
At 31 January 2026
st		 ~~64,760~~
NET BOOKVALUE
At 31st
January 2026		 64,760
========
At 31st
January 2025		 63,460
========

Page 20

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements-continued For the year ended 31st January2026

12 STOCKS
31.01.26 31.01.25
£ £
Stocks 858 776
======= =======
13 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.01.26 31.01.25
£ £
Trade Debtors 29 186
Other Debtors 3,907 4,337
3,936 4 ,52 3
======= =======
14 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.01.26 31.01.25
£ £
Trade Creditors 350 1,029
Other Creditors 3~~1,715~~ ~~21,492~~
32,065 22,321
======== ========
15 MOVEMENT IN FUNDS
At 01.02.25 Net movement Transfers At 31.01.26
in funds between funds
£ £ £ £
Unrestrictedfunds
General fund 59,041 13,395 3,497 75,933
Designated fund ~~63,460~~ ~~4,797~~ ~~(3,497)~~ ~~64,760~~
122,501 18,192 - 140,693
TOTAL FUNDS 122,501 18,192 - 140,693
======= ======= ======= =======

Page21

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements - continued For the year ended 31st January 2026

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

Incoming Incoming Resources Resources Gainsandlosses Gainsandlosses Movement in
resources
expended		 funds
£ £ £ £
Unrestrictedfunds
General fund 64,863 (51 ,468) - 13,395
Designated fund ~~3,49~~7 - ~~1,300~~ 4,797
68,360 ~~(51,468)~~ ~~1 ,30 0~~ 18,192
TOTAL FUNDS 68,360 ( 51 1 ,300 18,192
======= ,468) ======= =======
======
Comparatives for movement in funds =
At 01.02.24 Net movement in Transfers At 31.01.25
funds between funds
Unre stri cted
funds
General fund 43,440 12,842 2,759 59,041
Designated fund ~~61,205~~ ~~5,014~~ (2,759) ~~63,460~~
104,645 ~~17,856~~ ~~-~~ 122,501
TOTAL FUNDS 104,645 17,856 - 122,501
======= ======= ======= =======
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and losses Movement in
resources expended funds
£ £ £ £
Unre stri cted
funds
General fund 53,634 (45,302) - 8,332
Designated fund ~~2,75~~9 ~~-~~ ~~2,25~~ ~~5,014~~
56,393 ~~(45,302)~~ ~~5~~ 13,346
TOTAL FUNDS 56,393 (45,302) 2,25 13,346
======= ======= 5
=======		 =======
2,25
5

Page22

The Herb Society Limited (Registered Number : 03616880)

Notes to the Financial Statements - continued For the year ended 31st January 2026

A current year 12 months and prior year 12 months combined position is asfollows:

At 01.02.24 Net Transfers At 31.01.26
movement in betweenfunds
funds
£ £ £ £
Unrestricted funds
General fund 43,440 26,237 6,256 75,933
Designated fund ~~61,205~~ ~~9,811~~ ~~(6,256)~~ ~~64,760~~
104,645 36,048 ~~-~~ 140,693
TOTAL FUNDS 104,645 36,048 - 140,693
======= ======= ======= =======

Acurrent year 12 months and prior year 12 months combined net movementinfunds, included in the above are as follows :-

Incoming Resources Gainsandlosses Movement in
resources expended funds
£ £ £ £
Unrestrictedfunds
General fund 118,497 (96,770) - 21,727
Designated fund ~~6,256~~ - ~~3 ,555~~ ~~9,81~~1
~~124,753~~ ~~(96,770)~~ 3 ,555 31,538
TOTAL FUNDS 124,753 (96,770) 3,555 31,538
======= ====== ======= =======
=

16 FUNDS

Unrestricted funds

General funds represent the free funds of the charity, which are not designated for particular purposes.

Unrestricted designated fund

The unrestricted designatedfund is made up of investment income, which originated from the sale of business assets and is to beutilised in supporting the Society’s future venture opportunities.

Page 23

The Herb Society Limited (Registered Number : 03616880)

Notes to the FinancialStatements - continued For the year ended31st January 2026

17 RESERVES

Revaluation Reserve £ At 31[st] January 2025 ~~4,200~~ At 31[st] January 2026 4,200 =======

Page24

The Herb Society Limited (Registered Number : 03616880) Detailed Statement of Financial Activities For the year ended 31st January 2026

Donations
Gift Aid – tax rebate
Subscriptions
Legacies & bequests
Accountancy fee
Legal and professional fees
Advertising revenue
Sales and commissions (gross)
Publication and distribution costs
Agency charges
Telephone, postage and stationery
Advertising and promotion
Bank and finance charges
Direct debit costs and charges
Bad debts
Website costs
Storage and associated costs
Depreciation of furniture, equipment and slides
Amortisation
Loss on revaluation of assets
=

Net Expenditure
Governancecosts
INCOMING RESOURCES
Voluntary income
Total resources expended
Activities for generatingfunds
Investment Income
Interest received
Total incoming resources
RESOURCES EXPENDED
Costsof generating voluntary income
Fundraisingtrading:costofgoods sold and other costs		 452
3,811
45,222
-
49,485
3,357
792
4,149
2,759
56,393
19,322
1,337
1,433
945
446
-
3,098
1,283
21
-
(2,255)
25,630
15,119
15,119
1,000
1,298
2,298
43,047
18,192
======
598
3,443
44,551
12,670
61,262
1,169
2,432
3,601
3,497
68,360
31.01.26
£
23,734
2,007
762
978
457
18
2,317
1,355
66
2,030
(1,300)
32,424
15,858
15,858
975
911
~~1,886~~
50,168
13,346
=======
31.01.25
£

This page doesnotformpartofthestatutoryfinancial statements

Page 25