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

ANNUAL REPORT AND FINANCIAL STATEMENTS

EXAMINED IN COMPLIANCE WITH CHARITY COMMISSION REQUIREMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Description	Page(s)
Annual Report tothe Charity Commission	1 to 6
Independent Examiner’s Report	7 to 8
Statement of Financial Activity (SOFA)	9
Balance Sheet	10
Note 1 to the accounts–Basis of Preparation	11 to12
Note 2 to the accounts–Accounting Policies	13 to 15
Note 3 to the accounts-Income	16
Note 6 to the accounts - Expenditure	17
Note 18 to the accounts-Stocks	18
Note19tothe accounts –Debtors andPrepayments	19
Note 20 to the accounts–Creditors and Accruals	20
Note 22 to the accounts–Other Disclosures	21
Note24 tothe accounts – Cashatbankandin hand	22
Note 25 to the accounts–Fair value of assets and liabilities	23
Note 27.1 to the accounts–Charity funds 2022	24
Note27.2 tothe accounts – Charityfunds2021	25
Note 27.3 and 27.4–charity funds notes	26
Note 28 to the accounts–Transactions with trustees and related parties	27

Trustees’ Annual Report for the period 1/1/22 to 31/12/22

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 UK based partnership managers support our trusted in country delivery partners to ensure our projects achieve their goals. Our projects enable selected members of small community groups to improve their life livelihoods 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.

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 always plan co-operatively and work closely with our local delivery partners. We never just give money. We evaluate every project as if it were an investment before committing funds
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 our projects, managing our charity and fundraising. We have a team of 17 partnership managers who give on average 6 weeks of their time each year to their projects which we value at a total of £100,000.
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 all our project is in country. This is achieved because or UK based partnership managers are volunteers. The purpose of all our projects is poverty relief. 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	Following the success of the appointment of a fundraiser the we decided to appoint a part time CEO. The trustees believe this is necessary to secure the future of Bees Abroad and to enable it to grow. The implementation of new systems for accounting and project management was commenced and a new donor care system was implemented.	Following the success of the appointment of a fundraiser the we decided to appoint a part time CEO. The trustees believe this is necessary to secure the future of Bees Abroad and to enable it to grow. The implementation of new systems for accounting and project management was commenced and a new donor care system was implemented.
Performance of fundraising activities against objectives set	Para 1.41	2022 saw our highest ever income. We exceeded our campaign targets, grew our donor base and improved our social media presence.
Investment performance against objectives	Para 1.41	We have no investments.
Other
Financial Review			During 2022 the charity’s balances increased by £49,973 making our total balances at the end of the year £154,505 of which £128,853 is in liquid funds. This would allow us to carry on for over 12 months at the current rate of spending and without additional income.
Review of the charity’s financial position at the end of the period	Para 1.21		During 2022 the charity’s balances increased by £49,973 making our total balances at the end of the year £154,505 of which £128,853 is in liquid funds. This would allow us to carry on for over 12 months at the current rate of spending and 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 £67,000
Amount of reserves held	Para 1.22	128,853
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 continuingas agoingconcern	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 smallgrants.
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	Our principle risk Is our dependence on people. Our local delivery partners each rely on a small number of experts and we are very dependent on the support of our expert UK basedpartnershipmanagers.
Other

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	Para 1.51	The trustees managed all aspects of charity with the support of a part time paid administrator.

works
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.

Names of the charity trustees who manage the charity

	Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (if any)
1	Richard Ridler	Chair	Members at AGM
2	John Daffern
3	Neil Brent	Treasurer
4	Bisi New
5	Andrew MacCormack
6	KayWilliams

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.

Funds held as custodian trustees on behalf of others

Description of the assets held None 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)

mes and addresses of advisers (Optional information)	mes and addresses of advisers (Optional information)	mes 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

Declarations

The trustees declare that they have approved the trustees' report above.

Signed on behalf of the charity's trustees

Signature( s) � Full name(s) Richard Ridler Neil Andrew Brent Position (eg Secretary, Chair, etc) Chair Treasurer Date 22 August 2023 i

•

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 2022

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.

Bees Abroad INDEPENDENT EXAMINER'S REPORT- CONTINUED I have no concams and have come across no other matters in connection with the examination to which attention should be drawn in this reFQrt in order to enable a proper understanding of the accounts to b8 reathed. Signed GLLA Date.. V4sE ao23 Name..

Bees Abroad Charity NoCompany No 11084645333054 Annual accounts for the period Period start date 1/1/2022 To Period end date 31/12/2022

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

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
121,376	57,460	-	178,836	109,659
-	-	-	-	-
4,140	-	-	4,140	7,340
-	-	-	-	-
370	-	-	370	-
-	-	-	-	-
125,886	57,460	-	183,346	116,999

20,467	-	-	20,467	8,326
-	76,055	-	76,055	97,046
28,400	-	-	28,400	8,597
8,451	-	-	8,451	3,784
57,318	76,055	-	133,373	117,753

68,568	18,595 -	-	49,973	754 -
-	-	-	-	-
68,568	18,595 -	-	49,973	754 -
-	-	-	-	-
68,568	18,595 -	-	49,973	754 -
-	-	-	-
31,880 -	31,880	-	-	-

-	-	-	-	-
-	-	-	-	-
36,688	13,285	-	49,973	754 -

70,948	33,584	-	104,532	99,867
107,636	46,869	-	154,505	99,113

Bees Abroad Balance sheet 1108464 5333054 Section B fund Fixed assets Intaroible assets FOI F02 F04 FOS (Nots 15) (Note 14} {Note 16) (Not8 17) Totsl fix•d••••ts Current assets (Note 18) (Note 191 INoto 17.41 INot• 241 Debtor5 Investments Cash at bank and in hand 117.057 11.7S 128.853 86.631 rotsl cun•ntaM•ts BIO 141.437 16.VJJ 157.887 Crodltors: am¢>unts hllhvd IN4 20} 811 B12 139.517 14.989 154.506 ii•tsiW•s B13 139,517 14.989 154.508 Cr•dltors: •mounts fthlllnq due after one year Provlslons for Ilablllll•• INoto 201 B14 815 31.880 Tol•l etts or 107.637 154. Funds of the Charlty (Not85 27.18nd 27.2} B18 46,869 107,637 19 107 637 R8valuatr"c#) reserye Fair valu8 r8serve Total lund• 107.637 46.869 154.506 104.532 Shjned by one or hvotsu$teosldirocM ¢)n b8h•if of 811 Iho 1ruslees1¢irerior5 Dale of apprcval Ilm Print Name Richard RKll8r 22108r2023 Nell 8nt SKJnabJre Dale 22108IXJ23 2210812023 io

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 have ~~been prepa~~ red in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts • and with ü 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 ü FRS 102.*

-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 going Not applicable concern assumption doubtful; Where accounts are not prepared on a going concern Not applicable 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 the change in accounting policy;*			Not applicable
*(ii) the reasons why applying the new accounting* *policy provides more reliable and more relevant* *information; and*			Not applicable
*(iii) the amount of the adjustment for each line affected* *in the current period, each prior period presented and* *the aggregate amount of the adjustment relating to* *periods before those presented, 3.44 FRS102 SORP.*			Not applicable

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

Please disclose:

*Please disclose:*
*(i) the nature of any changes;*	Not applicable
*(ii) the effect of the change on income and expense or* *assets and liabilities for the current period; and*	Not applicable
*(iii) where practicable, the effect of the change in one* *or more future periods.*	Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes * -Tick as appropriate No ü

Section C

Notes to the accounts Continued

Please disclose:

*Please disclose:*
*(i) the nature of the prior period error;*	A review of donations made since 6 April 2018 identified additional gift aid to be applied for. The amendments required were: (a) an addition to debtors as at 1 Jan 2022 of £6,418.53, (b) an impact on income reported for the pior year (column F05 on the SOFA), and (c) a change to equity namely a need to recalculate table N27.2 (2021 charity funds) with a subsequent impact on table N27.1
*(ii) for each prior period presented in the accounts, the* *amount of the correction for each account line item* *affected; and*	(a) impact on debtors shown on B Sheet and N19 HMRC: Gift Aid is set out below Financial Year Unrestricted Funds Restricted Funds Total Debtors Debtors as per published 2021 Accounts £6,482.08 £4,679.25 £11,161.33 Time lapsed GASDS - Written Off 2019 -£240.14 -£240.14 2020 -£12.38 -£12.38 Total GASDS W/O -£252.52 -£252.52 Additional Gift Aid Claimed 2018 £651.97 £235.31 £887.28 2019 £995.64 £327.61 £1,323.25 2020 £1,023.53 £2,437.60 £3,461.13 2021 £1,116.02 -£116.87 £999.15 Total Added £3,787.16 £2,883.65 £6,670.81 Total Adjustment £3,534.64 £2,883.65 £6,418.29 Final GA Debtors £10,016.72 £7,562.90 £17,579.62 Rounded £10,017 £7,563 £17,580 Add all other debtors £5,866 £5,866 Total 2021 Debtors £15,883 £7,563 £23,446 Changesper Review of Accrued Gift Aid
	(b) the impact on 2021 (prior year) gift aid income S01 on SOFA is £999.15 (U= £1,116.02, U = -£116.87.79)
	(c) there is a consequent impact on prior year's equity funds which also affects the net transfer from unrestricted to restricted which covers the overspends on restricted projects. This is complex but the changes to N27.2 can be summarised:
*(iii) the amount of the correction at the beginning of* *the earliest prior period presented in the accounts.*

Section C Notes to the accounts

(cont)

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

Section C Notes to the accounts	(cont)	(cont)	(cont)
Recognition of income 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. 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. 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 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. 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. 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. 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). Note 2 Accounting policies 2.2 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.	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*
			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*
			ü

Section C Notes to the accounts	Section C Notes to the accounts	(cont)	(cont)	(cont)
Note 2 Accounting policies Grants with performance conditions 2.4 ASSETS POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE 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. They are valued at fair value except where they qualify as basic financial instruments. 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 capita, staff costs by the time spent and other costs by their usage. 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. 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. 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. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors 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. 2.3 EXPENDITURE AND LIABILITIES Not applicable 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 The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. 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 Basic financial instruments 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 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		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

		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*
				ü

	Not applicable

Notes to the accounts (cont)

Section C

Income Analysis of income	Unrestricted Restricted Endowment Total funds Prior year £ £	Unrestricted Restricted Endowment Total funds Prior year £ £	Unrestricted Restricted Endowment Total funds Prior year £ £	Unrestricted Restricted Endowment Total funds Prior year £ £	Unrestricted Restricted Endowment Total funds Prior year £ £
Donations and gifts	112,317	52,900	-	165,217	103,611
Gift Aid	8,945	4,560	-	13,505	5,919
Legacies	-	-	-	-	-
General grants provided by government/other	-	-	-	-	-
Membership subscriptions and sponsorships which are in substance donations	-	-	-	-	125
Donated goods, facilities and services	-	-	-	-	-
Other Total	114	-	-	114	4
	121,376	57,460	-	178,836	109,659

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Total	-	-	-	-	-

Shop sales	4,140	-	-	4,140	7,340
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Total	4,140	-	-	4,140	7,340

Interest income	-	-	-	-	-
Dividend income	-	-	-	-	-
Rental and leasing income	-	-	-	-	-
Other	-	-	-	-	-
Total	-	-	-	-	-

Raffles and Lotteries	370	-	-	370	-
Sundry items of income	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Total	370	-	-	370	-

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	-	-	-	-	-

	125,886	57,460	-	183,346	116,999

Other information:

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

Not applicable

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

Not applicable

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

Not applicable

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

Section C Notes to the accounts (cont)

Section C	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)	Notes to the accounts (cont)
Analysis of expenditure o Separate material item of expense Expenditure on charitable activities Note 6 Expenditure on raising funds: TOTAL EXPENDITURE Other information: Other	Unrestricted Restricted Endowmen Total funds Prior year £ £ £ £ £ Expenditure Analysis of expenditure
	Incurred seeking donations		5,606	-	-	5,606	-
	Fundraising Agents		12,007			12,007
	Incurred seeking legacies		-	-	-	-	-
	Incurred seeking grants		-	-	-	-	-
	Operating membership schemes and social		-	-	-	-	-
	Staging fundraising events		157	-	-	157	304
	Fundraising agents / Fundraiser Costs		-	-	-	-	3,577
	Operating charity shops		-	-	-	-	3,992
	Operating a trading company undertaking non-		-	-	-	-	-
	Advertising, marketing, direct mail and publicity		207	-	-	207	137
	Start up costs incurred in generating new		-	-	-	-	-
	Database development costs		-	-	-	-	-
	Other trading activities		2,490	-	-	2,490	316
	Investment management costs:		-	-	-	-	-
	Portfolio management costs		-	-	-	-	-
	Cost of obtaining investment advice		-	-	-	-	-
	Investment administration costs		-	-	-	-	-
	Intellectual property licencing costs		-	-	-	-	-
	Rent collection, property repairs and maintenance charges		-	-	-	-	-
			-	-	-	-	-
	Total expenditure on raising funds		20,467	-	-	20,467	8,326

	Approved BeekeepingProjects		-	75,584		75,584	95,825
	Assessment Visits		-	386		386	-
	Other Expenditure		-	85		85	1,221
	Total expenditure on charitable activities		-	76,055	-	76,055	97,046

	Administration		15,944	-	-	15,944	8,584
	Audit, Accountancy and Legal Fees		13	-	-	13	13
	Bees Abroad Branding		8,690	-	-	8,690	-
	Social Media and Donor Support		600	-	-	600	-
	Policy Development-Theory of Change		3,153	-		3,153	-
	Total		28,400	-	-	28,400	8,597

	Bank Charges		278	-	-	278	608
	Office and administrative overheads		6,412	-	-	6,412	2,404
	Sundryitems of Expense		700	-	-	700	158
	Trustee and volunteer expenses		1,061	-	-	1,061	614
			-	-	-	-	-
	Total other expenditure		8,451	-	-	8,451	3,784
	n charitable activities
			57,318	76,055	-	133,373	117,753

Activity or programme	Activities undertaken directly			Grant funding of activities	Support Costs	Total this year	*Total* *prior year*
	£			£	£	£	£
Projects in Cameroon	Training and support for beekeeping projects			-	-		-
Projects in Fiji	Training and support for beekeeping projects			-	-	-	-
Projects in Ghana	Training and support for beekeeping projects			21,644	6,386	28,030	19,338
Projects in India	Training and support for beekeeping projects			-	-	-	-
Projects in Kenya	Training and support for beekeeping projects			2,575	7,267	9,842	13,173
Projects in Malawi	Training and support for beekeeping projects			-	-	-	6,246
Projects in Nepal	Training and support for beekeeping projects			1,500	-	1,500	4,000
Projects in Nigeria	Training and support for beekeeping projects			-	-	-	10,482
Projects in Rwanda	Training and support for beekeeping projects			823	1,839	2,662	1,660
Projects in Sierra Leone	Training and support for beekeeping projects			2,050	-	2,050	6,880
Projects in Tanzania	Training and support for beekeeping projects			6,022	388	6,410	8,220
Projects in Uganda	Training and support for beekeeping projects			13,970	11,591	25,561	27,047
Projects in Zambia	Training and support for beekeeping projects			-	-	-	-
Other				-	-		-
Total				48,584	27,471	76,055	97,046

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

Section C

(cont)

Notes to the accounts

Note 18 Stocks

Please complete this note if the charity holds any stock items

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

Stock	Stock	Donated goods	Donated goods	Work in progress
For distribution	For resale	For distribution	For resale
£	£	£	£	£

-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-


-	2,361	-	-	-
-	254	-	-	-
-	- 1,554	-	-	-
-	-	-	-	-
-	-	-	-	-
-	1,061	-	-	-


-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

	None

18.3 Additional note

Section C

(cont)

Notes to the accounts

Note 19 Debtors and prepayments

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

19.1 Analysis of debtors

This year	This year	This year	Last year	Last year	Last year
Unrestri cted	Restrict ed	Total	Unrestri cted	Restrict ed	Total
£	£	£	£	£	£


120	-	120	120	-	120

350	-	350	-	-	-
6,000	-	6,000	-	-	-
6,571	4,654	11,225	10,017	7,563	17,580
278	-	278	66	-	66
-	-	-	325	-	325
-	-	-	5,000	-	5,000
10,000	-	10,000	-	-	-
-	-	-	355	-	355
23,319	4,654	27,973	15,883	7,563	23,446

Complete 19.2 where a material debtor is recoverable more than a year after the reporting 19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

This year	This year	This year	Last year	Last year	Last year
Unrestri	Restrict	Total	Unrestri	Restrict	Total
£	£	£	£	£	£
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
~~-~~	~~-~~	~~-~~	~~-~~	~~-~~	~~-~~

Section C

(cont)

Notes to the accounts

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	Amounts falling due within one year						Amounts falling due after more than one year
	This year			Last year			This year			Last year
	Unrestr icted	Restric ted	Total	Unrestr icted	Restric ted	Total	Unrestr icted	Restric ted	Total	Unrestr icted	Restricte d	Total
	£	£	£	£	£	£	£	£	£	£	£	£
	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-	-	-	-	-
	1,920	1,461	3,381	2,995	4,911	7,906	-	-	-	-	-	-
	1,920	1,461	3,381	2,995	4,911	7,906	-	-	-	-	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

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

Section C

(cont)

Notes to the accounts

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 paid most of what is owed), HMRC for estimated gift aid, the other two significant debtors relate to the Big Give fundraiser at the end of the year and paid early in 2023. Creditors represent around 1.8% of the charity's turnover

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

Section C Notes to the accounts

(cont)

Note 24 Cash at bank and in hand

This year	This year	This year	Last year	Last year	Last year
Unrestric ted	Restricted	Total	Unrestricte d	Restricte d	Total
£	£	£	£	£	£

-	-	-	-	-	-
-	-	-	-	-	-
117,057	11,796	128,853	116,377	-29,746	86,631
-	-	-	-	-	-
117,057	11,796	128,853	116,377	- 29,746	86,631

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 debtors are: HMRC for Gift Aid, Just Giving, PayPal, Enthuse Goosebec, and Step-up Fund all of which we deem to be at low risk of defaulting. All but HMRC was settled early in 2023

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

No change, creditors are valued at the level payable on invoices received within the time period allowed for the completion of accounts.

Section C

(cont)

Notes to the accounts

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		5,934	21,644	- 28,030	10,975	-	10,523
Projects in India	R		-	-	-	-	-	-
Projects in Kenya	R		3,814	2,575	- 9,842	4,768	-	1,315
Projects in Malawi	R		-	-	-	-	-	-
Projects in Nepal			1,600	7,590	- 1,500	-	-	7,690
Projects in Nigeria	R		249	-	-	-	-	249
Projects in Rwanda	R		1,201	823	- 2,662	1,786	-	1,148
Projects in Sierra Leone	R		-	3,500	- 2,050	2,050	-	3,500
Projects in Tanzania	R		684	6,022	- 6,410	388	-	684
Projects in Uganda	R		7,418	13,970	- 25,561	11,913	-	7,740
Projects in Zambia	R		170	-	-	-	-	170
Beekeepers for Life	R	Training and support for women beekeepers	6,369	1,336	-	-	-	7,705
Sub-total restricted			33,584	57,460	- 76,055	31,880	-	46,869
Other funds (balancing	N/a	N/a	70,948	125,887	- 57,318	- 31,880	-	107,637
~~fi~~ ~~)~~ Total Funds as per balance sheet			104,532	183,347	- 133,373	-	-	154,506

Fund balances carried forward include assets and liabilities denominated in a foreign currency	Fund balances carried forward include assets and liabilities denominated in a foreign currency	~~Yes~~ No
		ü

If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).	Bees abroad accounts to all income and expenditure, assets and liabilities in sterling

Section C

Note 27

Notes to the accounts

Charity funds

(cont)

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

* 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 £	Gains and losses £	Fund balances carried forward £
Projects in Cameroon	R	Training and support for beekeeping projects	6,145	-	-	-	-	6,145
Projects in Fiji	R		-	-	-	-	-	-
Projects in Ghana	R		7,935	4,500	- 19,338	12,837	-	5,934
Projects in India	R		-	-	-	-	-	-
Projects in Kenya	R		4,310	1,858	- 13,173	10,819	-	3,814
Projects in Malawi	R		-	-	- 6,246	6,246	-	-
Projects in Nepal	R		1,600	-	- 4,000	4,000	-	1,600
Projects in Nigeria	R		1,435	-	- 10,482	9,296	-	249
Projects in Rwanda	R		1,504	-	- 1,660	1,357	-	1,201
Projects in Sierra Leone	R		56	1,345	- 6,880	5,479	-	-
Projects in Tanzania	R		684	6,498	- 8,220	1,722	-	684
Projects in Uganda	R		7,083	18,461	- 27,048	8,922	-	7,418
Projects in Zambia	R		170	-	-	-	-	170
Creating Beekeepers for Life (Women's Campaign)	R	Training and support for women beekeepers	3,083	3,286	-	-	-	6,369
Sub-total restricted			34,005	35,948	- 97,047	60,678	-	33,584
Other funds (balancing figure)	UR	General Funds	71,282	81,051	- 20,707	- 60,678	-	70,948
Fund balances carried forward include assets and liabilities denomina foreign currency Total Funds as per balance sheet			105,287	116,999	- 117,754	-	-	104,532
			ted in a
					ü

Section C

(cont)

Notes to the accounts

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	31,880
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.

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	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	Redundan cy (including loss of office)/ex	Other	TOTAL
	£	£	£	£	£	£
We record here any payments paid to trustees to reimbures expen three manage beekeeping projects in Africa.	se incurred or to support the costs of projects they manage. All
John Daffern-Expenses, e.g. travel and accomodation				108	108
Kay Williams-Expenses, e.g. travel and accomodation				331	331
Neil Brent-Reimbursement of bees abroad costs paid				13	13
Neil Brent-Reimbursement of Beekeeping Project Costs				2,050	2,050	8,420
Richard Ridler-Reimbursement of Beekeeping Project Costs				30,324	30,324	26,744
Richard Ridler-Reimbursement of bees abroad costs paid				6,548	6,548
Richard Ridler-Expenses, e.g. travel and accomodation				2,091	2,091	614
Richard Ridler-Fundraising Expenses				20	20	50
Richard Ridler-Recruitment Expenses				0	0	175
				41,485	41,485	36,003

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	887	1,806
Subsistence	0	207
Accommodation	199	160
Other (please specify):
Beekeeping projects in Africa	4,141	9,363
Telephone	25	50
Fundraising Expenses	119	0
Purchases for the shop	193	355
TOTAL	5,564	11,941

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

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)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	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
For any related party, please provide details of any guarantees given or received. In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.
			Not applicable

			Not applicable

2022-12-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS

EXAMINED IN COMPLIANCE WITH CHARITY COMMISSION REQUIREMENTS

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Contents

Trustees’ Annual Report for the period 1/1/22 to 31/12/22

Objectives and Activities

Additional information (optional)

Achievements and Performance

Additional information (optional)

Structure, Governance and Management

Additional information (optional)

Reference and Administrative details

Names of the charity trustees who manage the charity

Additional information (optional)

Names and addresses of advisers (Optional information)

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

Exemptions from disclosure

Other optional information

Declarations

The trustees declare that they have approved the trustees' report above.

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF BEES ABROAD

Responsibilities and basis of report

Independent examiner's statement

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

Section C

Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

1.2 Going concern

1.3 Change of accounting policy

1.4 Changes to accounting estimates

Please disclose:

1.5 Material prior year errors

Section C

Notes to the accounts Continued

Please disclose:

Section C

Other information:

Note 18 Stocks

Please complete this note if the charity holds any stock items

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

18.3 Additional note

Note 19 Debtors and prepayments

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

19.1 Analysis of debtors

Note 20 Creditors and accruals

20.1 Analysis of creditors

20.2 Deferred income

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

Note 24 Cash at bank and in hand

Note 25 Fair value of assets and liabilities

Note 27 Charity funds

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

Section C

Note 27

Notes to the accounts

Charity funds

(cont)

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

Note 27 Charity funds (cont)

27.3 Transfers between funds

27.4 Designated funds

Note 28 Transactions with trustees and related parties

28.2 Trustees' expenses

28.3 Transaction(s) with related parties