2020-12-31-accounts

Charity Registration No. 1108464 Company Registration No. 5333054 (England and Wales)

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

Trustees’ Annual Report for the period 1/1/20 to 31/12/20

Charity name:

Bees Abroad

Charity registration number: 1108464

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To promote locally appropriate beekeeping to enable participants to generate income to enhance their livelihoods, alleviate poverty and improve their quality of life.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Our team of volunteers include partnership managers whose role is to support our in-country delivery partners to ensure our projects achieve their goals. All our projects enable groups to improve their life circumstances though the production and sale of honey, wax, value-added products and related activities.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Yes, the trustees believe that Bees Abroad meets the guidance. We have a governance group which monitors all matters of compliance.

Additional information (optional)

You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	Before funding a project we always make face to face assessments with the groups we support. We always plan co- operatively and work closely with our local delivery partners. We never just give money.
Policy on social investment including program related investment	Para 1.38	Not applicable.
Contribution made by volunteers	Para 1.38	In our UK team we have very experienced beekeepers and others who have skills appropriate to directing ourprojects,managingour charityand

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fundraising. We have a team of 20 partnership managers who give on average 6 weeks of their time each year to their projects which we value at a total of £150,000. Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	We are proud of the fact that almost 90% of our income is spent in country on projects. The purpose of all our projects is poverty relief. The additional income from beekeeping is typically used to pay for education, medicines and household essentials. Bees also improve crop pollination and thus the yield of agricultural crops. Honey provides families with an excellent source of extra nutrition. Some of our projects are exclusively for women and others embed beekeeping in schools which enhances pupils’ education and provides a vocation when they leave. Beekeeping is environmentally friendly, sustainable, culturally accepted and its benefits continue year after year. The environmental circumstances for beekeeping in most African countries are good the market for honey is huge.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	Beekeeping is treated as animal husbandry and so was exempt from full lockdown. Complying with restrictions such as social distancing caused some disruption to our project delivery plans.
Performance of fundraising activities against objectives set	Para 1.41	During the year we adapted to lock down by increasing on-line fundraising activities. We ran two quizzes, increased our on-line shop sales and grew our supporter base.
		We have no investments.

2

Investment performance against objectives	Para 1.41
Other
Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	During 2020 the charity’s balances reduced by £12,875 leaving £99,867 of which £92,822 is in liquid funds. This would allow us to carry on for over 10 months without additional income.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held in five separate bank accounts. The overall policy of the charity is to hold sufficient to cover six months running costs. At our present rate of spend this means holdingat least £54,000
Amount of reserves held	Para 1.22	£92,822
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	None
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Our sources were: - Individuals including those closely associated with the work of the charity. - UK Beekeeping Associations - On line fundraising initiatives - Various small grants.
Investment policy and objectives including any social investment policy adopted	Para 1.46	We have no investments.
A description of the principal risks facing the charity	Para 1.46
Other

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Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed,royal charter)	Para 1.25	Articles of Association.
How is the charity constituted? (e.g unincorporated association,CIO)	Para 1.25	Company limited by guarantee.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are elected by members at our AGM for a 3-year term which may be followed by two further terms.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	During the year we continues to routinely review procedures and policies.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The trustees manage all aspects of charity with the support of a part time paid administrator.
Relationship with any related parties	Para 1.51	None
Other

Reference and Administrative details

Charityname	Bees Abroad
Other name the charityuses	None
Registered charitynumber	1108464
Charity’s principal address	The Keepers, Symn Lane, Wotton Under Edge, Glos. GL12 7BD.

4

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Richard Ridler	Chair		Members at AGM
	John Daffern
	Neil Brent	Treasurer
	Bisi New
	Hania Guidens		From 17/5/20
	Steve Bates
	Susie Stevenson		From 17/5/20
	James Taylor
	Andrew MacCormack		From 17/5/20
	Dominic Rhodes		To 17/5/20
	Keith Lomax		To 17/5/20

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
Not applicable.

5

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
None

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

None

Other optional information

6

Declarations The trustees dèclare that they have approved the tru$tses' report abovo. Signod on behalf of the charity's trustees Slgnature(s Full name(8} Position (eg Secretary. Chair. etc) Richard Ridler Chair of Trustees 3018121

CONTENTS

		Page
Trustees	Report	1 to 7
Independent Examiners Report		8 to 9
Statement of Financial Activities (SOFA)		10
Balance	Sheet	11
Notes to	the Accounts	12 to 28
N1	Basis of Preparation	12
N2.1	Accounting Policies/Reconciliation to former policies	13
N2.2	Accounting Policies/Income	14 to 15
N3	Analysis of Income	16
N4	Analysis of receipts of government grants	17
N5	Donated goods, facilities and services	18
N6	Analysis of expenditure	19
N18	Stocks	20
N19	Debtors and prepayments	21
N20	Creditors and accruals	22
N22	Other disclosures for debtors, creditors and other basic	23
	financial instruments	24
N24	Cash at bank and in hand	25
N25	Fair value of assets and liabilities	26
N27.1	Details of material funds held and movements during the
	CURRENT reporting period	27
N27.2	Details of material funds held and movements during the
	PREVIOUS reporting period	28
N27.3	Transfers between funds
N28	Transactions with trustees and related parties	29

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF BEES ABROAD

I report to the trustees on my examination of the accounts of Bees Abroad (the charity) for the year ended 31 December 2020

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this years under section 144 of the Act and that an independent examination is required.

It is my responsibility to:

• examine the accounts under Section 145 of the Charities Act

• to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 14s(5Xb) of the 2011 Act); and

• to state whether particular matters have come to my attention.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

8

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. Signed Date.. ag ALIQKJsè aoa I Name: Gs4n£n J. rd GILO Address: 5 Failand Crescent, Bristol BS9 2HH

Annual accounts for the period

Period start date 1/1/2020 To Period end 31/12/2020

Bees Abroad

Charity No 1108464 Company No 5333054

Section A Statement of financial activities (including summary income and expenditure account)

Guidance N Income (Note 3) Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 Total S07 Expenditure (Notes 6) Expenditure on: S08 S09 S10 S11 Total S12 S13 Tax payable S14 S15 S16 S17 S18 S19 S20 Other gains/(losses) S21 Net movement in funds S22 Total funds brought forward (note 27.2) S23 Total funds carried forward (note 27.1) S24 Raising funds Reconciliation of funds: Other recognised gains/(losses): Net income/(expenditure) Extraordinary items Transfers between funds (note 27.1) Gains and losses on revaluation of fixed assets for the charity’s own use Recommended categories by activity Income and endowments from: Net income/(expenditure) before tax for the reporting period Net income/(expenditure) after tax before investment gains/(losses) Net gains/(losses) on investments Other Separate material expense item Charitable activities	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
	44,325	42,246	-	86,571	94,698
	-	-	-	-	-
	7,045	-	-	7,045	8,520
	-	-	-	-	-
	-	-	-	-	623
	-	-	-	-	-
	51,370	42,246	-	93,616	103,841
	4,256	-	-	4,256	5,538
	150	82,743	-	82,893	97,297
	11,405	-	-	11,405	11,639
	7,937	-	-	7,937	5,429
	23,748	82,743	-	106,491	119,903
	27,622	40,497 -	-	12,875 -	16,062 -
	-	-	-	-	-
	27,622	40,497 -	-	12,875 -	16,062 -
	-	-	-	-	-
	27,622	40,497 -	-	12,875 -	16,062 -
	-	-	-	-
	57,152 -	57,152	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	29,530 -	16,655	-	12,875 -	16,062 -
	98,395	14,347	-	112,742	128,804
	68,865	31,002	-	99,867	112,742

10

Bees Abroad Balance sheet Chariiv No 11LW4 Section B Flestricte(5 Endtymont Totafth Tolal last F01 I￿8 151 (￿e 141 (P&Ye 161 e171 rot•iftxed•ssets Current assets Sbxs (Pknte 181 IP&)te 191 IP&)te 17.41 Cath at bank arKI In ha￿ 241 7r 6.616 122.253 29.431 22.815 92.822 1032TO 119.175 124 958 810 Ipthxe 70 12 16 742 813 74 57.152 57.152 liats"iibes BIO 31.(Kh4 112.742 Funds of tho Charity I￿27.1 31.1 15 31.IXH .867 11

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts hav ~~e been prep~~ ared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their • and with ü accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

ü

• -Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to

continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the The Charity has substantial reserves in it's bank accounts conclusion that the charity is a going concern; Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

Yes No	ü	* -Tick as appropriate	* -Tick as appropriate
Please disclose:
(i) the nature of t	he change	in accounting policy;	Prior to the current financial year no account was taken of the value of stock at the year end. Bees abroad has now required their shop manager to carry out quarterly valuations of stock. Closing stock was valuedin line twiththe price paid per itemonthelatestinvoice.
(ii) the reasons w provides more re	hy applyi liable and	ng the new accounting policy more relevant information; and
(iii) the amount o current period, e aggregate amou before those pre	f the adju ach prior nt of the a sented, 3.	stment for each line affected in the period presented and the djustment relating to periods 44 FRS102 SORP.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes No	ü	* -Tick as appropriate	* -Tick as appropriate
Please disclose:
(i) the nature of a	ny chang	es;	Not applicable the tick for yes is a yes as in there are no changes
(ii) the effect of t and liabilities for	he change the curre	on income and expense or assets nt period; and	Not applicable
(iii) where practic more future perio	able, the ds.	effect of the change in one or	Not applicable
1.5 Material prior No material prior	year erro ear error h	rs ave been identified in the reporting period (3.47 FRS102 SORP).
Yes No	ü	* -Tick as appropriate
Please disclose:
(i) the nature of t	he prior p	eriod error;
(ii) for each prior amount of the co and	period pr rrection fo	esented in the accounts, the r each account line item affected;
(iii) the amount o earliest prior per	f the corre iod presen	ction at the beginning of the ted in the accounts.

12

Section C

(cont)

Notes to the accounts

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change in Not Applicable accounting policy

Reconciliation of funds per previous GAAP to funds determined under FRS 102

End of Start of period period £ £

Fund balances as previously stated Adjustments:

Fund balance as restated

Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102

End of £

Net income/(expenditure) as previously stated

Adjustments:

Previous period net income/(expenditure) as restated

13

Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.2 INCOME

Recognition of income These are included in the Statement of Financial Activities (SoFA) when: ·the charity becomes entitled to the resources; ·it is more likely than not that the trustees will receive the resources; ·the monetary value can be measured with sufficient reliability. Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Legacies Government grants The charity has received government grants in the reporting period Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and performance related grants This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. The charity has incurred expenditure on support costs. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Support costs Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.	Yes No N/a*	Yes No N/a*	Yes No N/a*
	ü
	Yes No N/a*
	ü
	Yes No N/a*
	ü
	Yes No N/a*
			ü
	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
			ü

14

Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.3 EXPENDITURE AND LIABILITIES

Grants with performance conditions 2.4 ASSETS POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year, and cost at least They are valued at cost. The depreciation rates and methods used are disclosed in note 14. Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15. They are valued at cost. Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16. They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Debtors They are valued at fair value except where they qualify as basic financial instruments. No material item of deferred income has been included in the accounts. Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per it t ff t b th ti t d th t b th i Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Current asset investments The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.	Yes No N/a*	Yes No N/a*	Yes No N/a*
	ü
	Yes No N/a*
	ü
	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
	ü
	Not applicable
	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Yes No N/a*
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	Not applicable

15

Section C Notes to the accounts (cont)

Note 3 Income

Note 3 Income	Income
Donations andgifts Gift Aid Legacies Generalgrantsprovided by government/other Membership subscriptions and sponsorships which are in substance donations Donatedgoods, facilities and services Other Total Other Total Shop sales Other Total Interest income Dividend income Rental and leasing income Other Total Raffles and Lotteries Sundry items of income Total Conversion of endowment funds into income Gain on disposal of a tangible fixed asset held for Gain on disposal of a programme related Royalties from the exploitation of intellectual Other Total Analysis of income Donations and legacies: Charitable activities: Other trading activities: Income from investments: Separate material item of income Other: TOTAL INCOME	Analysis of income	Unrestricted Restricted Endowment Total funds Prior year £ £
	Donations andgifts	41,696	39,799	-	81,495	90,405
	Gift Aid	2,013	2,447	-	4,460	3,644
	Legacies	-	-	-	-	-
	Generalgrantsprovided by government/other	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	555	-	-	555	580
	Donatedgoods, facilities and services	-	-	-	-	-
	Other	61	-	-	61	70
	Total	44,325	42,246	-	86,571	94,699
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
	Shop sales	7,045	-	-	7,045	8,520
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	7,045	-	-	7,045	8,520
	Interest income	-	-	-	-	-
	Dividend income	-	-	-	-	-
	Rental and leasing income	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
	Raffles and Lotteries	-	-	-	-	526
	Sundry items of income	-	-	-	-	96
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	622
	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held for	-	-	-	-	-
	Gain on disposal of a programme related	-	-	-	-	-
	Royalties from the exploitation of intellectual	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
		51,370	42,246	-	93,616	103,841

Other information:

All income in the prior year was unrestricted except for: (please provide description and amounts)

Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.

Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

Not applicable Not applicable Not applicable Not applicable

16

Section C

(co

Notes to the accounts

Note 4 Analysis of receipts of government grants

Government grant 1 Government grant 2 Government grant 3 Other Please provide details of any unfulfilled Please give details of other forms of	Description	This year Last year £ £	This year Last year £ £
		-	-
		-	-
		-	-
		-	-
	Total	-	-
	Not applicable
	Not applicable

17

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

Seconded staff Use of property Other

This year Last year £ £	This year Last year £ £
-	-
-	-
-	-
-	-

Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.

Please provide details of any unfulfilled

Please give details of other forms of other

Not applicable Not applicable Not applicable

18

Section C Notes to the accounts

(cont)

Note 6 Expenditure

Analysis of expenditure on TOTAL EXPENDITURE Other information: Expenditure on raising funds: Expenditure on charitable activities Separate material item of expense Other	Analysis of expenditure	Analysis of expenditure	Unrestricted Restricted Endowmen Total funds Prior year £ £ £ £ £	Unrestricted Restricted Endowmen Total funds Prior year £ £ £ £ £	Unrestricted Restricted Endowmen Total funds Prior year £ £ £ £ £	Unrestricted Restricted Endowmen Total funds Prior year £ £ £ £ £	Unrestricted Restricted Endowmen Total funds Prior year £ £ £ £ £
	Incurred seeking donations		-	-	-	-	-
	Incurred seeking legacies		-	-	-	-	-
	Incurred seeking grants		-	-	-	-	-
	Operating membership schemes and social		-	-	-	-	-
	Staging fundraising events		-	-	-	-	120
	Fundraising agents		544	-	-	544	379
	Operating charity shops		3,402	-	-	3,402	4,594
	Operating a trading company undertaking non-		-	-	-	-	-
	Advertising, marketing, direct mail and publicity		80	-	-	80	-
	Start up costs incurred in generating new		-	-	-	-	-
	Database development costs		-	-	-	-	-
	Other trading activities		230	-	-	230	445
	Investment management costs:		-	-	-	-	-
	Portfolio management costs		-	-	-	-	-
	Cost of obtaining investment advice		-	-	-	-	-
	Investment administration costs		-	-	-	-	-
	Intellectual property licencing costs		-	-	-	-	-
	Rent collection, property repairs and		-	-	-	-	-
			-	-	-	-	-
	Total expenditure on raising funds		4,256	-	-	4,256	5,538
	ApprovedBeekeepingProjects		-	82,015		82,015	88,996
	AssessmentVisits		-	727		727	4,599
	Other Expenditure		150	-		150	3,702
	Total expenditure on charitable activities		150	82,742	-	82,892	97,297
	Administration		11,393	-	-	11,393	11,625
	Audit, Accountancy and Legal Fees		13	-	-	13	14
			-	-	-	-	-
			-	-	-	-	-
	Total		11,406	-	-	11,406	11,639
	Bank Charges		327	-	-	327	262
	Office and administrative overheads		5,080	-	-	5,080	3,505
	Sundry items of Expense		-	-	-	-	576
	Trustee and volunteer expenses		2,531	-	-	2,531	1,086
			-	-	-	-	-
	Total other expenditure		7,938	-	-	7,938	5,429
	charitable activities
			23,750	82,742	-	106,492	119,903
Activity or programme	Activities undertaken directly			Grant funding of ~~activities~~	Support Costs	Total this year	Total prior year
	£			£	£	£	£
Projectsin Fiji	Training and supportforbeekeeping projects				0	0	0
ProjectsinGhana	Training and supportforbeekeeping projects				10,873	10,873	20,722
Projectsin India	Training and supportforbeekeeping projects				0	0	0
Projectsin Kenya	Training and supportforbeekeeping projects				11,995	11,995	22,368
Projectsin Malawi	Training and supportforbeekeeping projects				9,141	9,141	1,312
Projectsin Nigeria	Training and supportforbeekeeping projects				12,739	12,739	13,629
Projectsin Rwanda	Training and supportforbeekeeping projects				6,363	6,363	342
ProjectsinSierraLeone	Training and supportforbeekeeping projects				7,633	7,633	8,011
Projectsin Tanzania	Training and supportforbeekeeping projects				1,361	1,361	6,621
ProjectsinUganda	Training and supportforbeekeeping projects				17,306	17,306	20,672
Projectsin Zambia	Training and supportforbeekeeping projects				5,481	5,481	4,007
Other
Total					82,892	82,892	97,684
Prior year expenditure on charitable activities can be analysed as follows:		Not applicable

Within the expenditure items above the following items Not applicable

Where sums originally denominated in foreign Not applicable

19

Section C

(cont)

Notes to the accounts

Note 18 Stocks Please complete this note if the charity holds any stock items

For distribution For resale For For resale £ £ £ £ £ Charitable activities: Opening - - - - - Added in period - - - - - Expensed in period - - - - - Impaired - - - - - Closing - - - - - Other trading activities: Opening -706- - - Added in period -3,565- - - Expensed in period - -3,402- - - Impaired - - - - - Closing - 869--- Other: Opening - - - - - Added in period - - - - - Expensed in period - - - - - Impaired - - - - - Closing ~~-----~~ Total this year ~~-----~~ Total previous year ~~-----~~ 18.2 Please specify the carrying amount of any stocks pledged as security for liabilities None 18.1 Please state the carrying amount of stock and work in progress analysed between activities. Stock Donated goods Work in progress	t of stock and work in progress analysed between activities.	t of stock and work in progress analysed between activities.	t of stock and work in progress analysed between activities.	t of stock and work in progress analysed between activities.	t of stock and work in progress analysed between activities.
	Stock		Donated goods		Work in progress
	For distribution	For resale	For	For resale
	£	£	£	£	£
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	706	-	-	-
	-	3,565	-	-	-
	-	-3,402	-	-	-
	-	-	-	-	-
	-	869	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	~~-~~	~~-~~	~~-~~	~~-~~	~~-~~
	~~-~~	~~-~~	~~-~~	~~-~~	~~-~~
	~~-~~	~~-~~	~~-~~	~~-~~	~~-~~
		None

18.3 Additional note

20

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors

Trade debtors Prepayments and accrued income BBKA Other debtors (amounts due from subsidiary undertakings) HMRC: Gift Aid Just Giving PayPal Giving Fund Virgin Giving Total	This year	This year	This year	Last year	Last year	Last year
	Unrestri cted	Restrict ed	Total	Unrestri cted	Restrict ed	Total
	£	£	£	£	£	£
	-	-	-	-	-	-
	120	-	120	-	-	-
	2,394	3,990	6,384	1,699	2,278	3,977
	155	2,626	2,781	267	830	1,097
	253	-	253	-	-	-
	-	-	-	3	-	3
	2,922	6,616	9,538	1,969	3,108	5,077

Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors Prepayments and accrued income Other debtors Total	This year	This year	This year	Last year	Last year	Last year
	Unrestri cted	Restrict ed	Total	Unrestri cted	Restrict ed	Total
	£	£	£	£	£	£
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-

21

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

20.1 Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total	Amounts falling due within one year						Amounts falling due after more than one year
	Thisyear			Lastyear			Thisyear			Lastyear
	Unrestr icted	Restric ted	Total	Unrestr icted	Restric ted	Total	Unrestr icted	Restric ted	Total	Unrestr icted	Restricte d	Total
	£	£	£	£	£	£	£	£	£	£	£	£
	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	70	3,333	3,403	1,888	10,327	12,215	-	-	-	-	-	-
	70	3,333	3,403	1,888	10,327	12,215	-	-	-	-	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

Movement in deferred income account Amounts released to income from previous periods Balance at the end of the reporting period Balance at the start of the reporting period Amounts added in current period	Thisyear	Thisyear	Thisyear	Lastyear	Lastyear	Lastyear
	£	£	£	£	£	£
			-			-
			-			-
			-			-
			-			-

22

Section C Notes to the accounts (cont)

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.

The risk of debtor default is very low given that the debtors are Just Giving (who have now paid most of what is owed), HMRC for estimated gift aid, Virgin Giving and Paypal giving fund

22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conditions related to its pledge should be given here.

Not applicable

23

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total*	Thisyear	Thisyear	Thisyear	Lastyear	Lastyear	Lastyear
	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	£	£	£	£	£	£
	-	-	-	-	-	-
	-	-	-	-	-	-
	122,292	-29,431	92,861	141,567	-22,392	119,175
	-	-	-	-	-	-
	122,292	- 29,431	92,861	141,567	- 22,392	119,175

• excludes transfers between unrestricted and restricted funds held in bank accounts

24

Section C

(cont)

Notes to the accounts

Note 25 Fair value of assets and liabilities

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.

The charity's three debtors are: HMRC for Gift Aid, Just Giving, and PayPal all of which we deem to be at low risk of defaulting

25.2 Please give details of the amount of change in the fair value of No change, creditors are valued at the level

25

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers see note 27.3 £	Gains and losses £	Fund balances carried forward £
Projects in Cameroon	R	Training and support for beekeeping projects in these Countries	6,145	-	-	-		6,145
Projects in Fiji	R		-	-	-	-		-
Projects in Ghana	R		-	4,397	- 10,873	14,363		7,887
Projects in India	R		-	-	-	-		-
Projects in Kenya	R		-	6,378	- 11,995	8,612		2,995
Projects in Malawi	R		1,715	7,425	- 9,141	1		-
Projects in Nepal			1,600	-	-	-		1,600
Projects in Nigeria	R		-	2,000	- 12,739	12,174		1,435
Projects in Rwanda	R		1,160	3,501	- 6,363	2,089		387
Projects in Sierra Leone	R		-	3,288	- 7,633	4,345		-
Projects in Tanzania	R		-	-	- 1,211	1,608		397
Projects in Uganda	R		-	12,123	- 17,306	12,266		7,083
Projects in Zambia	R		3,727	60	- 5,481	1,694		-
Beekeepers for Life	R	Training and support for women beekeepers	-	3,075	-	-		3,075
Other funds (balancing figure)	N/a	N/a	-	-	-	-		-
Total Funds as per balance sheet			14,347	42,247	- 82,742	57,152	-	31,004

Yes No Fund balances carried forward include assets and liabilities denominated in a foreign ü currency If yes, please state the basis on which the assets and/or liabilities have Bees abroad accounts to all income been translated into sterling (or the currency in which the accounts are and expenditure, assets and liabilities drawn up). in sterling

26

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.2 Details of material funds held and movements during the PREVIOUS reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or **UR ***	Purpose and Restrictions	Fund balances brought forward £	Income £	Expendit ure £	Transfers £	Gains and losses £	Fund balances carried forward £
Projects in Cameroon	R	Training and support for beekeeping projects	6,120	25	-	-	-	6,145
Projects in Fiji	R		-	-	-	-	-	-
Projects in Ghana	R		4,579	6,114	-20,396	9,703	-	-
Projects in India	R		-	-	-	-	-	-
Projects in Kenya	R		1,992	2,003	-22,368	18,373	-	-
Projects in Malawi	R		3,027	-	-1,312	-	-	1,715
Projects in Nepal	R		-	1,600	-	-	-	1,600
Projects in Nigeria	R		2,441	2,549	-13,566	8,576	-	-
Projects in Rwanda	R		1,503	-	-343	-	-	1,160
Projects in Sierra Leone	R		-	6,859	-8,012	1,153	-	-
Projects in Tanzania	R		-	2,366	-6,621	4,255	-	-
Projects in Uganda	R		5,533	13,430	-20,672	1,709	-	-
Projects in Zambia	R		-	7,734	-4,007	-	-	3,727
Other funds (balancing figure)	N/a	N/a	-	-	-	-	-	-
Total Funds as per balance sheet			25,195	42,680	-97,297	43,769	-	14,347

Yes No	Yes No
	ü

Fund balances carried forward include assets and liabilities denominated in a foreign currency

27

Section C Notes to the accounts (cont)

Note 27 Charity funds (cont)

27.3 Transfers between funds

27.3 Transfers between	funds
	Reason for transfer and where endowment is converted to income, legalpower for its conversion	Amount
Between unrestricted and restricted funds	To cover expenditure on projects covered by a restricted fund where restricted income was insufficient	57,152
Between endowment and restricted funds
Between endowment and unrestricted funds

27.4 Designated funds

27.4 Designated funds
Planned use	Purpose of the designation	Amount
All restricted funds	Tp promote locally appropriate beekeeping to enable participants to generate income to enhance their livelihoods, alleviate poverty and improve their quality of life.

28

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an TRUE employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee	Legal authority (eg order, governing document)	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
		This year					Last year
		Remuner ation	Pension contributio n	Redundancy (including loss of office)/ex gratia payment	Other	TOTAL
		£	£	£	£	£	£
We record here any payments paid to trustees to reimbures expen manage beekeeping projects in Africa.		se incurred or to support the costs of projects they manage. All three
RichardRidler - Expenses, e.g.traveland accomodation					298	298	1,111
Richard Ridler-Fundraising Expenses					54	54	119
Richard Ridler-Beekeeping Project Costs					1,603	1,603	8,861
RichardRidler -Shop purchases						0	193
Adebisi Adekunle-Beekeeping Project Costs					12,244	12,244	8,834
Keith Lomax-Companies House Registration					13	13
Neil Brent- BeekeepingProject Costs						0	242
					14,212	14,212	19,360
Please give details of why remuneration or other employment benefits werepaid.		Not applicable
Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of thepayment.		Not applicable
If a third party has been reimbursed for providing one or more trustees, state the nature of thepayment and amount of the		Not applicable
State the number of trustees to whom retirement benefits are accruing under a defined contributionpension scheme.		Not applicable

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)			FALSE
Type of expenses reimbursed		This year	Last year
		£	£
Travel		298	887
Subsistence			0
Accommodation			199
Other (please specify):
Telephone			25
	TOTAL	298	1,111
Please provide the number of trustees reimbursed for h h d id b th h it
		3

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

There have been no related party transactions in the reporting period (True or False)

TRUE

Name of the trustee or related party	Relationship to charity	Descriptio n of the transactio n(s)	Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
			£	£	£	£
None
None
None
None
In relation to the transactions above, please provide the terms and For any related party, please provide details of any guarantees given or received.
			Not applicable
			Not applicable

29