|||Pages|
|---|---|---|
|Trustees'<br>Annual<br>Report||2to 4|
|Independent<br>Examiner's|Report|5|
|Statement of Financial Activities||6|
|Balance Sheet||7|
|Statement ofCash flows||8|
|Notes to the Accounts||9to 16|
|Detailed Statement<br>of Financial Activities||17to 18|





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|for the year|ended 30April|2023|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total||
||||funds|funds|funds|Total funds|
||||2023|2023|202$|2022|
|||Notes|E|E|E|E|
|Income and|endowments||||||
|from:|||||||
|Donations|and legacies||601,489||601,889|353,556|
|Charitable|activities||9,863|155,969|165,832|348,429|
|Other trading activities|||21,498||21,498|1,294|
|Investments|||4,239||4,239|90|
|Other|||180||180|561|
|Total|||637,269|156,369|793,638|703,930|
|Expenditure|on:||||||
|Charitable|activities||350||350|324|
|Other|||357,139|137,779|494,918|669,171|
|Total|||357,489|137,779|495,268|669,495|
|Net gains on|investments||||||
|Net income|||279,780|18,590|298,370|34,435|
|Transfers between<br>funds|||||||
|Net income <br>gains/(losses)|before other||279,780|18,590|298,370|34,435|
|Other gains|and losses||||||
|Net movement<br>in funds|||279,780|18,590|298,370|34,435|
|Reconciliation<br>offunds:|||||||
|Total funds brought<br>forward|||201,986|60,943|262,929|228,494|
|Total funds carried<br>forward|||481,766|79,533|561,299|262,929|





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|The Troy Trust, working title Beesfor Development<br>Tr<br>Balance Sheet<br>at 30April 2023|The Troy Trust, working title Beesfor Development<br>Tr<br>Balance Sheet<br>at 30April 2023|ust|||
|---|---|---|---|---|
|Charity No. 1078803|||2023|2022|
||||f|f|
|Current assets|||||
|Debtors|||6,569||
|Cash at bank and in hand|||584,000|264,141|
||||590,569|264,141|
|Creditors: Amount|falling due within one year|12|(29,270)|(1,212)|
|Net current assets|||561,299|262,929|
|Total assets less current liabilities|||561,299|262,929|
|Net assets excluding pension asset or liability|||561,299|262,929|
|Total net assets|||561,299|262,929|
|The funds ofthe charity|||||
|Restricted funds||13|||
|Restricted income funds|||79,533|60,943|
||||79,533|60,943|
|Unrestricted<br>funds||13|||
|General funds|||481,766|201,986|
||||481,766|201,986|
|Reserves||13|||
|Total funds|||561,299|262,929|





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|||2023|2022|
|---|---|---|---|
|||E|f.|
|Cash flows from operating<br>activities||||
|Net income per Statement ofFinancial Activities||298,370|34,435|
|Adjustments<br>for:||||
|Dividends,<br>interest and rents from investments||(4,419)|(651)|
|(Increase)/Decrease<br>in trade and other receivables||(6,569)|4,765|
|Increase<br>in trade and other payables||28,058|1,212|
|Net cash provided<br>by operating<br>activities||315,440|39,761|
|Cash flows from investing<br>activities||||
|Dividends,<br>interest and rents from investments||4,419|651|
|Net cash from Investing<br>activities||4,419|651|
|Net cash from financing<br>activities||||
|Net increase in cash and cash equivalents||319,859|40,412|
|Cash and cash equivalents<br>at the beginning|ofthe year|264,141|223,729|
|Cash and cash equivalents<br>at the end ofthe year||584,000|264,141|
|Components<br>ofcash and cash equivalents||||
|Cash and bank balances||584,000|264,141|
|||584,000|264,141|





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|Fund accounting|Fund accounting|Fund accounting|Fund accounting||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted||funds||These are available for use at the discretion||ofthe trustees<br>in furtherance|||ofthe||
|||||general objects ofthe charity.|||||||
|Designated|funds|||These are unrestricted<br>funds earmarked|by|the trustees|for particular|purposes.|||
|Revaluation||funds||These are unrestricted<br>funds which include||a revaluation|reserve representing||||
|||||the restatement<br>of investment<br>assets at|their market values.||||||
|Restricted|funds|||These are available for use subject to restrictions<br>imposed<br>by the donor|||||or||
|||||through<br>terms ofan appeal.|||||||
|Income|||||||||||
|||||Income is included<br>in the Statement of Financial Activities<br>(SoFA) when||||the|||
|income||||charity becomes entitled to, and virtually|certain to receive, the income||||and|the|
|||||amount ofthe income can be measured|with sufficient||reliability.||||
|Income with||related||Where income has related expenditure<br>the||income and|related expenditure|||is|
|expenditure||||reported<br>gross in the SoFA.|||||||
|Donations|and|||Voluntary<br>income received<br>by way ofgrants, donations|||and gifts is included|||in|
|legacies||||the SoFA when receivable<br>and only when|the Charity has unconditional||||||
|||||entitlement<br>to the income.|||||||
|Tax reclaims||on||Income from tax reclaims<br>is included<br>in the||SoFA at the|same time as the||||
|donations|and||gifts|gift/donation<br>to which<br>it relates.|||||||
|Donated services||||These are only included<br>in income (with|an|equivalent<br>amount<br>in expenditure)|||||
|and facilities||||where the benefit to the Charity<br>is reasonably<br>quantifiable,<br>measurable|||||and||
|||||material.|||||||
|Volunteer|help|||The value ofany volunteer<br>help received|is|not included|in the accounts.||||
|Investment||income||This is included<br>in the accounts when receivable.|||||||
|Gains/(losses)|||on|This includes<br>any gain or loss resulting<br>from||revaluing<br>investments<br>to market|||||
|revaluation||of|fixed|value at the end ofthe year.|||||||
|assets|||||||||||
|Gains/(losses)|||on|This includes<br>any gain or loss on the sale|of|investments.|||||
|investment||assets|||||||||





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|2|Statement of Financial|A|ctlvit|ies<br>- prior year|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|||||||2022|2022|2022|
|||||||f|f|f|
|Income and endowments||from:|||||||
||Donations<br>and legacies|||||352,741|815|353,556|
||Charitable<br>activities|||||84,524|263,905|348,429|
||Other trading<br>activities|||||1,294||1,294|
||investments|||||90||90|
||Other|||||561||561|
|Total||||||439,210|264,720|703,930|
|Expenditure<br>on:|||||||||
||Charitable<br>activities|||||324||324|
||Other|||||465,392|203,779|669,171|
|Total||||||465,716|203,779|669,495|
|Net|Income|||||(26,506)|60,941|34,435|
|Net|income before other gains/(losses)|||||(26,506)|60,941|34,435|
|Other gains and losses:|||||||||
|Net|movement<br>In funds|||||(26,506)|60,941|34,435|
|Reconciliation offunds:|||||||||
|Total funds brought forward||||||228,494||228,494|
|Total funds carried forward||||||201,988|60,941|262,929|
|3|Income from donations||and|legacies|||||
||||||Unrestricted|Restricted|Total|Total|
||||||||2023|2022|
|||||||f|f||
||Donations<br>and Contributions<br>and organisations|||from individuals|547,705|400|548,105|340,671|
||Gift Aid recovered||||27,889||27,889|12,885|
||Legacies and bequests||||25,895||25,895||
||||||601,489|400|601,889|353,556|
|4|Income from charitable||activities||||||
||||||Unrestricted|Restricted|Total|Total|
||||||||202$|2022|
||Events income||||9,863||9,863|32,869|
||Grant income|||||155,969|155,969|315,560|
||||||9,863|155,969|165,832|348,429|





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|5|Income fro|m|other trading|activi|ties|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||Sales ofgoods||and Services||||5,269|5,269|1,294|
||Courses income||||||16,229|16,229||
||||||||21,498|21,498|1,294|
|6|Income from||investments|||||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||interest receivable from bank deposits||||||4,239|4,239|90|
||||||||4,239|4,239|90|
|7|Other income|||||||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
|||||||||f|f|
||Sponsored|subscriptions/Charities|||Trust||180|180|561|
||income|||||||||
||||||||180|180|561|
|8|Expenditure|on charitable||activities||||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||Governance|costs||||||||
||independent||Examiners fees||||350|350|324|
||||||||350|350|324|
|9|Other expenditure|||||||||
|||||||Unrestricted|Restricted|Total|Total|
|||||||||202$|2022|
||Other Expenditure||||||||51,209|
||Project Expenditure|||||357,139|137,779|494,918|617,962|
|||||||357,139|137,779|494,918|669,171|



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|11|Debtors||||
|---|---|---|---|---|
||||2023|2022|
||||f|f|
||Other debtors||6,569||
||||6,569||
|12|Creditors:||||
||amounts|falling due within one year|||
||||202$|2022|
||||f|f|
||Other creditors||28,130||
||Accruals||1,140|1,212|
||||29,270|1,212|





## 

|Movement<br>in f|unds|||||
|---|---|---|---|---|---|
||||Incoming|||
||||resources|||
|||||Resources|At SO|
|||At 1May|(including<br>other|expended|April 2023|
|||2022|gains/losses)|||
||||f|f|f|
|Restricted funds:||||||
|Restricted income funds:||||||
|Ethiopia Core Support||50,000||(20,474)|29,526|
|Ghana<br>Buzz Club||9,637||(4,124)|5,513|
|Ghana Beethe|Voice||23,667|(8,000)|15,667|
|Ethiopia More|Bees||92,977|(92,977)||
|Ukraine Beekeepers||715|400||1,115|
|Beesfor Batwa|ll|700|||700|
|Uganda<br>Making|Beekeeping Work for People|||||
|with Disabilities|||39,325|(12,413)|26,912|
|Other projects||(109)||209|100|
|Total||60,943|156,369|(137,779)|79,533|
|Unrestricted<br>funds:||||||
|General funds||201,986|637,269|(357,489)|481,766|
|Totalfunds||262,929|793,638|(495,268)|561,299|





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|14|Analysis ofnet|assets between funds||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted||
||||funds|funds||
||||f|f|f|
||Net current assets||481,766|79,533|561,299|
||||481,766|79,533|561,299|
|15|Reconciliation|ofnet debt||||
||||At 1May|Cash|At 30|
||||2022|flows|April 202$|
||||f|f|f|
||Cash and cash|equivalents|264,141|319,859|584,000|
||||264,141|319,859|584,000|
||Net debt||264,141|319,859|584,000|





## 

|||||Unrestrlcte|Restricted|||
|---|---|---|---|---|---|---|---|
|||||d funds|funds|Total funds|Total funds|
|||||2023|2023|2023|2022|
|||||f|f|f|f|
|Income and endowments||from:||||||
|Donations<br>and legacies||||||||
|Donations<br>and Contributions<br>individuals<br>and organisations|||from|547,705||548,105|340,671|
|Gift Aid recovered||||27,889||27,889|12,885|
|Legacies and bequests||||25,895||25,895||
|||||601,489||601,889|353,556|
|Charitable<br>activities||||||||
|Events income||||9,863||9,863|32,869|
|Grant income|||||155,969|155,969|315,560|
|||||9,863|155,969|165,832|348,429|
|Other trading<br>activities||||||||
|Sales ofgoods and|Services|||5,269||5,269|1,294|
|Courses income||||16,229||16,229||
|||||21,498||21,498|1,294|
|Investments||||||||
|Interest receivable<br>deposits|from bank|||4,239||4,239|90|
|||||4,239||4,239|90|
|Other||||||||
|Sponsored<br>subscriptions/Charities||||180||180|561|
|Trust income||||||||
|||||180||180|561|
|Total income and endowments||||637,269|156,369|793,638|703,930|
|Expenditure<br>on:||||||||
|Governance<br>costs||||||||
|Independent<br>Examiners||fees||350||350|324|
|||||350||350|324|
|Total ofexpenditure|on|charitable||350||350|324|
|activities||||||||
|Other expenditure||||||||
|Other Expenditure|||||||51,209|
|Project Expenditure||||357,139|137,779|494,918|617,962|
|||||357,139|137,779|494,918|669,171|
|Total ofexpenditure|of|other|costs|357,139|137,779|494,918|669,171|
|Total expenditure||||357,489|137,779|495,268|669,495|
|Net gains on investments||||||||





|Net income||279,780|18,590|298,370|34,435|
|---|---|---|---|---|---|
|Net income before <br>gains/(losses)|other|279,780|18,590|298,370|34,435|
|Other Gains||||||
|Net movement<br>in funds||279,780|18,590|298,370|34,435|
|Reconciliation<br>offunds:||||||
|Total funds brought|forward|201,986|60,943|262,929|228,494|
|Total funds carried|forward|481,766|79,533|561,299|262,929|