2023-03-31-accounts - Biodynamic Agricultural Association

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	Page	Page
Reference and Administrative Details
Report ofthe Trustees	2	to	8
Independent Examiner's Report
Statement of Financial Activities		10
Statement of Financial Position	11	io	12
Notes to the Financial Statements	13	to	22
Detailed Statement of Financial Activities	23	to	24

TRUSTEES		lan Stanley Bailey
		Spencer Christy (resigned			31.8.22)
		Judy Foster (resigned		14.1.23)
		Odilia Kirst (resigned		14.1.23)
		Hannah Robson (resigned			30.6.22)
		Jennifer Rosenbrock		Chair
		Andre Tranquilini	(resigned		30.1.23)
		Julia Wright (resigned		14.1.23)
		Liz Findlay (resigned		1.12.22)
		Andrew Scott (resigned 1.12.22)
		lan Thomas (resigned		1.12.22)
		Jeremy Stephens	(appointed 1.3.23)
		Tom Petherick (appointed			14.1.23)
		Richard Thornton	Smith (appointed			14.1.23)
REGISTERED OFFICE		Open House
		Painswick Inn
		Gloucester Street
		Stroud
		Gloucestershire
		GL5 1QG
REGISTERED	COMPANY	CE001656(England		and Wales)
NUMBER
REGISTERED	CHARITY	1158301
NUMBER
INDEPENDENT	EXAMINER	Andorran Limited
		6 Manor Park Business Centre
		Mackenzie Way
		Cheltenham
		Gloucestershire
		GL51 9TX
EXECUTIVE DIRECTOR		Gabriel Kaye
BANKERS		Triodos, Deanery	Road, Bristol, BS15AS
		Lloyds, 134 High	Street, Stourbridge,
		DY8 1DS

						31.3.23	31.3.22
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	6		6	F
INCOME AND ENDOWMENTS		FROM
Donations and legacies			3	83,766	1,500	85,266	62,344
Charitable activities
Charitable activities				335,301		335,301	368,898
Investment income			4	10,808	2,880	13,688	9,769
Total				429,875	4,380	434,255	441,011
EXPENDITURE ON
Raising funds			6	(2,572)		(2,572)	2,572
Charitable activities
Charitable activities				462,706	5,868	468,574	491,608
Total				460,134	5,868	466,002	494,180
Net gains/(losses) on investments				(11,966)		(11,966)	13,299
NET INCOME/(EXPENDITURE)				(42,225)	(1,488)	(43,713)	(39,870)
Transfers between	funds		18	(1,715)	1,715
Net movement in funds				(43,940)	227	(43,713)	(39,870)
RECONCILIATION	OF FUNDS
Total funds brought	forward			210,329	231,278	441,607	481,477
TOTAL FUNDS CARRIED FORWARD				166,389	231,505	397,894	441,607

					31.3.23	31.3.22
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	F	8	8	8
FIXEDASSETS
Investments
Investments		13	46,259	137,571	183,830	195,796
Social investments		14	76,000		76,000	75,000
			122,259	137,571	259,830	270,796
CURRENT ASSETS
Stocks Debtors		15 16	10,530 43,850		10,530 43,850	14,569 36,616
Cash at bank and	in hand		24,878	93,934	118,812	151,778
			79,258	93,934	173,192	202,963
CREDITORS
Amounts falling due within one year		17	(35,128)		(35,128)	(32,152)
NET CURRENT ASSETS			44,130	93,934	138,064	170,811
TOTAL ASSETS	LESS CURRENT
LIABILITIES			166,389	231,505	397,894	441,607
NET ASSETS			166,389	231,505	397,894	441,607
FUNDS		18
Unrestricted funds					166,389	210,329
Restricted funds					231,505	231,278
TOTALFUNDS					397,894	441,607

DONATIONS ANDLEGA	CIES
			31.3.23	31.3.22
			F	F
Donations and legacies Grants - Defra Subscriptions & membership Fundraising income			33,896 27,438 23,932	7,247 24,923 24,721 5,453
			85,266	62,344
Grants received, included	in the above,	are as follows:
			31.3.23 6	31.3.22 f
Defra Grant			27,438	24,923
INVESTMENT INCOME			31.3.23	31.3.22
			6
Donations for the Seed Coop Income from listed investments Deposit account interest			2,880 10,349 459	9,676 93
			13,688	9,769
INCOME FROM CHARITABLE ACTIVITIES			31.3.23	31.3.22
	Activity			E
Educational income- Training Books & Preparations Certification activities Advertising income Gardening Club Farm Services Genius Loci BFDI Recharge	Charitable Charitable Charitable Charitable Charitable Charitable Charitable Charitable	activities activities activities activities activities activities activities activities	670 35,609 230,704 3,244 1,035 1,899 62,140	7,408 34,972 245,493 3,124 3,270 2,610 14,000 58,021
			335,301	368,898

Other trading activities
			31.3.23	31.3.22 f
Bad debts			(2,572)	2,572
CHARITABLE ACTIVITIES COSTS
		Direct	Support
		Costs (see	costs (see
		note 8) f	note 9)	Totals f
Charitable activities		76,070	392,504	468,574
DIRECT COSTS OF CHARITABLE	ACTIVITIES
			31.3.23 f	31.3.22 f
Education, training & Bursaries Project costs Participation &subscriptions Books & Preparations Star & Furrow, newsletter Gardening Club (incl salaries) Farm Services (incl salaries) Genius Loci			310 4,000 600 25,362 12,533 3,520 8,945	13,923 592 468 22,550 10,916 21,006 13,089 9,521
Seed Coop donations Outreach			1,868 18,932	26,047
			76,070	118,112
SUPPORT COSTS
		Certification	Governance
	Management f	Activity f	costs f	Totals f
Charitable activities	75,653	305,090	11,761	392,504

				31.3.23	31.3.22
Certification Office Administration				6 3	4 3
No employees received emoluments		in excess off60,000.
COMPARATIVES FOR THE STATEIIIIENT OF FINANCIAL			ACTIVITIES Unrestricted	Restricted	Total
			funds f	funds f	funds F
INCOME AND ENDOWMENTS Donations and legacies	FROM		62,344		62,344
Charitable activities Charitable activities			354,898	14,000	368,898
Investment income			9,389	380	9,769
Total			426,631	14,380	441,011
EXPENDITURE ON Raising funds			2,572		2,572
Charitable activities Charitable activities			481,487	10,121	491,608
Total			484,059	10,121	494,180
Net gains on investments			3,347	9,952	13,299
NET INCOME/(EXPENDITURE)			(54,081)	14,211	(39,870)
RECONCILIATION OF FUNDS Total funds brought forward			264,410	217,067	481,477
TOTAL FUNDS CARRIED FORWARD			210,329	231,278	441,607

FIXED ASSET INVESTMENTS
	Listed
	investments
	f
MARKET VALUE At 1 April 2022 Revaluations	195,796 (11,966)
At 31 March 2023	183,830
NET BOOK VALUE At 31 March 2023	183,830
At 31 March 2022	195,796

			Listed
			investments
			8
Valuation	in	2019	2,329
Valuation	in	2020	(42,579)
Valuation Valuation Valuation	in in in	2021 2022 2023	34,326 13,299 (11,966)
Cost			188,421
			183,830

SOCIAL INVESTMENTS
	Programme
	related
	investments
	equity
	F
MARKET VALUE
At 1 April 2022 Additions	75,000 1,000
At 31 March 2023	76,000
NET BOOK VALUE At 31 March 2023	76,000
At 31 March 2022	75,000

15	STOCKS
.					31.3.23 f	31.3.22 6
	Books & preparations				10,530	14,569
16.	DEBTORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR			31.3.23	31.3.22
					6	6
	Trade debtors Other debtors Prepayments and accrued		income		42,512 795 543	35,475 648 493
					43,850	36,616
17.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR		31.3.23	31.3.22
					6
	Trade creditors Social security and other taxes VAT Other creditors Accruals and deferred income				15,197 4,075 4,690 7,920 3,246	7,561 4,730 9,877 1,500 8,484
					35,128	32,152
18.	IIIIOVEMENT IN FUNDS			Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
			5	6	5	6
	Unrestricted funds General fund Gardening Club		207,059 3,270	(43,260) 1,035	(1,715)	162,084 4,305
			210,329	(42,225)	(1,715)	166,389
	Restricted funds Grange Kirkcaldy Fund Seed Cooperative Anthroposophical Society Genius Loci		GB 146,526 75,988 2,285 4,479	1,012 (4,000)	1,715	146,526 77,000 4,479
	Communication of Biodynamics- RMET Newsletter Printing 2,000			1,500		2,000 1,500
			231,278	(1,488)	1,715	231,505
	TOTAL FUNDS		441,607	(43,713)		397,894

Net movement in	funds, include	d in the abo	ve are as follow	s:
			Incoming	Resources	Gains and	Movement
			resources 6	expended	losses 6	in funds f
Unrestricted funds
General fund Gardening Club			428,840 1,035	(460,134)	(11,966)	(43,260) 1,035
			429,875	(460,134)	(11,966)	(42,225)
Restricted funds Seed Cooperative Anthroposophical Society GB Newsletter Printing			2,880 1,500	(1,868) (4,000)		1,012 (4,000) 1,500
			4,380	(5,868)		(1,488)
TOTAL FUNDS			434,255	(466,002)	(11,966)	(43,713)
Comparatives for movement		in funds
					Net
					movement	At
				At 1.4.21 8	in funds 6	31.3.22 f
Unrestricted funds
General fund Gardening Club				264,410	(57,351) 3,270	207,059 3,270
				264,410	(54,081)	210,329
Restricted funds Grange Klrkcaldy Fund Seed Cooperative Anthroposophical Society GB Genius Loci				136,574 75,608 2,885	9,952 380 (600) 4,479	146,526 75,988 2,285 4,479
Communication RMET	of Biodynamics-			2,000		2,000
				217,067	14,211	231,278
TOTAL FUNDS				481,477	(39,870)	441,607


	31.3.23	31.3.22
	8	8
INCOME AND ENDOWMENTS
Donations and legacies Donations and legacies Grants - Defra Subscriptions & membership Fundraising income	33,896 27,438 23,932	7,247 24,923 24,721 5,453
	85,266	62,344
Investment income Donations for the Seed Coop Income from listed investments Deposit account interest	2,880 10,349 459	9,676 93
	13,688	9,769
Charitable activities Educational income - Training Books & Preparations Certification activities Advertising income Gardening Club Farm Services Genius Loci BFDI Recharge	670 35,609 230,704 3,244 1,035 1,899 62,140	7,408 34,972 245,493 3,124 3,270 2,610 14,000 58,021
	335,301	368,898
Total incoming resources	434,255	441,011
EXPENDITURE
Other trading activities Bad debts	(2,572)	2,572
Charitable activities Education, training & Bursaries Project costs Participation & subscriptions Books & Preparations Star & Furrow, newsletter Gardening Club (incl salaries) Farm Services (incl salaries) Genius Loci Seed Coop donations Outreach	310 4,000 600 25,362 12,533 3,520 8,945 1,868 18,932	13,923 592 468 22,550 10,916 21,006 13,089 9,521 26,047
	76,070	118,112

BIODYNAMIC AGRICULTURAL ASSOCIATION TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA	BIODYNAMIC AGRICULTURAL ASSOCIATION TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
	FOR THE YEAR ENDED 31 MARCH 2023	31.3.23	31.3.22
		F	8
Supportcosts
Management Staff costs Office costs		62,481 13,172	81,314 12,312
		75,653	93,626
Certification Activity Staff costs Accreditation Office costs Promotion Management and certification workshops International representation Inspectors' fees Inspectors' expenses Other costs including BFDI recharge		119,404 7,416 9,243 1,198 11,779 2,836 56,175 34,785 62,254	93,844 10,640 8,320 4,420 7,606 5,198 53,504 20,981 62,526
		305,090	267,039
Governance costs Accountancy and bookkeeping Costs of trustees' meetings Bank charges Legal and finance		6,480 1,419 263 3,599	5,939 1,129 399 5,364
		11,761	12,831
Total resources expended		466,002	494,180
Net expenditure before gains	and losses	(31,747)	(53,169)
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments		(11,966)	13,299
Net expenditure		(43,713)	(39,870)