REGISTERED COMPANY NUMBER: CE001656 (England and Wales)
REGISTERED CHARITY NUMBER: 1158301
biodynamic.
association
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
FOR
BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
FRCM C4JR
FARM

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Page
Reference and Admlnistrative Details
Report of the Truste85
Independent Examiner's Report
statement of Financial Activlties
10
statement of Financial Position
11 to 12
Notes to the Financial Statèments
13 to 22
Detalled Statement of Financial Activltigs
23 10 24

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES
lan Stanley Bailey
Spencer Christy Iresigned 31.8.221
Judy Foster Iresigned 14.1.231
Odilia Kirsl (resigned 14.1.231
Hannah Robson (resigned 30.6.221
Jennrfer Rosenbro¢k Chair
Andre Tranquilinl (resigned 30.1.231
Julia Wright (resigned 14.1,231
Liz Findlay (resigned 1.12.221
Andrew Scolt (resigned 1.12.221
lan Thomas (resigned 1.12.221
Jeremy Stephens lappoinled 1.3.231
Tom Petherick lappoinled 14.1.231
Richard Thornton Smith lappoinled 14.1.23)
REGISTERED OFFICE
Open House
Painswick Inn
Gloucester Street
Slroud
Gloucestershire
GLS 1QG
REGISTERED COMPANY
NUMBER
CE001656 (England and Wales)
REGISTERED CHARITY
NUMBER
1158301
INDEPENDENT EXAMINER
Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Chellenham
GIoU￿sterShIre
GL519TX
EXECUTIVE DIRECTOR
Gabriel Kaye
BANKERS
Triodos, Deanery Road. Bristol, BS15AS
Lloyds, 134 High Street, Stourbridge,
DY8 1DS
Page 1

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
The trustees who are also directo¥s of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of Ihe charity for the year ended 31 March 2023. The trLJStees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charitie5 preparing their accounts in accord2nce with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191.
OBJECTIVES AND ACTIVITIES
STRUCTURE, GOVERNANCE AND MANAGEPJIENT
Governing document
The Biodynamic Agricultural Associalion IBDAAI, tradin9 as the Biodynamic Association IBDAI, is a Charity
Incorporated Organisation ICIOI updated as a CIO in May 2014 governed by a Constitution first adopted 7th
February 1975. Registered as a UK charity with the Charity Commission No. 1158301 and company
registration no CE001656.
Appointment of trustees
Tfustees are appointed by the members of the Association al the Annual General Meeting. The Trustees
meet regularly, 5-6 times a year to oversee the affairs of the charity, with executive staff allending ID repoit
progress and inform decision-making_
Structure
The Council of Trustees defines the strategic direction and carries the legal responsibilities of the whole
Charity. The Certification activity is held as a distinct separate cost. The Tiuslees are kept fully informed of all
developments.
Governance
The Association uses the NCVO 'Code of Good Governance, to inform its governancè procedures. Particular
attention Is paid lo correct procedure concerning conflicts of interest viz a viz transactions with Trustees and
voting righ15 in Council meetings. Guidance is sought through the Charity Commission and legal advisors
where relevant. Trustees may c18im expenses if appropriate- these are reported iii the accounts under costs
of Governance and are minimal.
Risk Ass&ssment
The Iruslees risk assess the aclivilie5 and responsibilities ol Ihe BDA and Council and seek to be aware and
minimise risk when feasible.
The aims and objoctlves of the Biodynamic Association
Objects.. as per the Charity Incorporated Organisalion constitution of the BDA
The object of the CIO is to research and develop, promote and disseminate knowledge of the Biodynamic
methods inaugurated by Dr Rudolf Steiner for the betterment of farming, forestry and gardening."
Our Purpose: To research, inspire, enthuse and empower increasing numbers of people in the UK to
practice, engage with and explore biodynamic farming and gardening and food. as part of the global
suslain8bility movement.
08JECTIVES AND ACTIVITIES
The biodynamic method of farming and gardening:
works with and harnesses the natural rhythms of the forces of earth, planets. constellations, sun and
moon. to heal and regenerate the soil, plants, anifflals. people and ecosystems;
empowers the farmer and gardener lo work creatively, compassionately and intuitively with Nature
through respectftjl relationships with the farm and garden as a living natural and social organism and
ecosystem",
produces nourishing food with provenance, aiming to feed the mind and spirit, support our energy to
engage with our life purpose and support our èvolving consciousness.
Page 2

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDEO 31 MARCH 2023
OBJECTIVES AND ACTIVITIES - contlnued
5-year Strategic Plan 2019: for promoting biodynamic knowledge, practice and rese3roh an running the
charity
Slralegy 1
Strategy 2
Strategy 3
Strategy 4
Strategy Sal
Strategy 5bl
Making biodynamics more accessible to more people
Engaging and sustaining new and existing biodynamic supporters
Expanding and strengthening the Biodynamic food netsork from producer lo consumer
Consolidating the biodynamic movements position as a pioneer, partner and influencer
Nurturing and sustaining the Biodynamic organisational network and its people
Governance, Charitable status, leadership and delegation
Public Benefit
In planning the charity's aGlivilies for thè period the trustees kept in mind the Charity Commissior¢'s guidance
on public benefit. The focus ol the charity's activities during the period, which explains the delivèry by Ihe
charity of public benefit, is sel out below under 'Achievement and performance, and above under 'Objeclives
and aims..
ACHIEVEMENT AND PERFORMANCE
Activitles In 2021-22
Overview:
During this year the Association has continued lo consolidate ils position in the UK. although Membership and
Licensee numbers have fallen slightly compared lo the previous year. The Association continues lo provide
certification to organic and Demeter standards. Quarterly newslellers and the twice-yearly magazine 'Slar
and Furrow, continue to inform members and provoke livety debate, as does the Association'5 online
presence through different social media platforms.
A¢tlvity reports:
Books and Preparations mostly via the webshop activity have performed well. Our amazing volunteers
help with orders, pack and dispatch. The Preparab'on Group continues lo meet at least once a year and the
team are in contact by email at other limes lo ensure that production meets demand and is ol assured quality.
The majority of preparations are made by Bernard Jarman and Briony Young to order. The after-effecls of
BSE continue lo mean that horns and other ingredients are sourced from as far afield as Latvia and Germany.
The Three Kings Preparation remains a strong favourile with members of the Gardening Club and
ready-prepared, small quantities are available for them and larger kits available for farms. Many thanks to
Bernard Jarman and Hawkwood College for providing a home for the Prep Store and lo Janetle and lan for
their weekly care, pack and dispatch woik.
Communications and outrea¢h, newsletters and Star & Furrow: The learNs carrying this work are
continuing lo ensure that published conlenl is forward-looking and relevant. We Iharik Digital Natives for their
dedication in working with us lo getting the biodynamic message out.
Education.. the increase in online courses which was precipilaled by the 2020 pandemic continues to widen
the audience for BD courses. Our partners, the BD Agriculture College, Ruskin Mill. Apricot Centre, Wholistic
Health Instilule, Wa51ham Place and others provide an increasingly large vaiiety of high quality courses and
trainings endorsed by the BDA Board of Studies.
Gardenlng Club: The Club is an important area of sharing information and practice about biodynamic
methods lo a wider audience, it has a good team of expert BD gardening advisors and is coordin21ed by staff.
It has seen a bil less activity this year wilhoul the many hours lo activate and hold it that Lynda BTown pulling
in as a paid member ol thè team. 11 continues lo offer gardening support and adv￿Ce via its Facebook group,
regular email upyates ahoul seasonal gardening activities, events and related news.
Farm Servlces supports potential biodynamiG and organic farmers and growers as well as existing li￿nsee8
and members. Farm Services also provides support for grant application5 for Sustainable Farming Incentive,
Countryside Stewardship and ELMS. This work carried by Dan Powell, is benefiting farmers and the BDA
through increased exchanges of information, activity and resources. The 2022 on-farm visits were much
appreciated and mostly well attendeol.
Page 3

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
ACHIEVEMENT AND PERFORMANCE- continued
Marketlng and Supply chain: our online and web-based presence has beèn maintained. And the BDA and
partners have continued lo be present al key national events for regener21ive and biodynamic farming. The
new 2021 logo. representing the earth and soil, plant life, human and animal waimlh. and the sky and cosmos
above us, has given the Association a fresh, modern feel.
Membership.. Membership numbers have fallen slightly over the previous year bul remain around the long
term average levels. Many members pay their subscription and give an extra donab'on, which is always
greatly appreciated and allows us lo do that essential little bil more.
As a membership organisation Il is important for us lo understand more fvlly the requiremer¢ls and interests of
our membership. An online survey of members views wa5 carried out in late 2022 to help the BDA be aware
ol members interests, views, elc Ilhank you to th8 Trustees who carried thi5, especially lan Thomas).
Members views were further consulted al the AGM.
A new database lo beller hold membership activity and records is now in place enabling members lo manage
their own renewals and benefit from any discounts.
Certification is a key area lor the BDA with numbers of licensees holding steady at around 280. There has
been little change from last year. with around go Demeter and 50 organic producers (farmers Jgrowersl, and
50 Demeter ar￿ 90 organic processorsltraders, this latter including importers.
The BDA has contracts lo deliver certification to UK organic regulations with DEFRA, and is therefore
inspected by UKAS. The organic standards undefpin the Demeter standards so it is helpful to certify lo both.
BDA Certification enables Nvorking partnerships with other UK Organic Certifiers. While working with the
requirements of our government brings challenges, especially post Brexit il is a valuable part of the whole.
BDA continues to work with Irish licensees Ihiough a Demeter lop-up with the Irish Organic Association IIOAI.
Finding the right Certification manager and keeping the staff expertise al necessary levels is an ongoing
challenge. Thank you lo those steady staff who are holding the workload and responding lo licensees needs.
This year severi new inspectors joined and were trained up lo lake on this important role carrying both
biodyrkamics and our 8DA ethics out and about through the annual inspecb'on work.
Reaching beyond the UK. the BDA plays an active part in Biodynamic Federation Demeter Intemational
IBFDII, holding several roles on their commillee5 including Standards, Accreditation, Research and Training.
The BDA is a full member of BFDI, paying membership and gelling benefits.
Association's general a¢tlvlty
The day to day business of responding to enquiries and information about biodynamics is an ongoing, core
activity. as is the business rllanagemenl of the charity.
Our January 2023 AGM (postponed from 20221 and Biodynamics Day event was held at the Ruskin Mill Wool
Bam. Members were updated on activity and plans and consulted as part of the 'Breathing into OLJr
Biodynamic Future, initiative, looking al expressing biodynamics, at key aims for different aspects of
biodynamics in Britain. research and other key activities, supporting farms and training the next generation. 11
was an active and engaging day for members, slafl and trustees together.
The BDA also participated in three important events.. the annual global Biodynamic Agriculture Conference in
Dornach Switzerland in February where we piesented aspects of the British Genius Persona and Biodynamic
History,. the now international Oxford Real Farming Conference (ORFCI in Oxford in January where the
Biodynamics led on three different workshops {and was rnenlioned in many others). The third was in June
where the BD movemonl had a stand al Groundswell and interacted with many, many, farmers ililerested in
regenerative agriculture in one way or another.
Page 4

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
ACHIEVEMENT AND PERFORMANCE- continued
Government changes in farming policy and iegulation remain an important factor in the farming world., the
BDA is involved in DEFRA consullalions, workshops, supporting other organisalions and being part of
pressLfre group5 such as the English Organic Forum, Sustain, Beyond GM elc. on mallers such as ELMS and
the National Food Strategy, gene editing changes in law and more. The progressive reductton in the Basic
Payment Scheme for farms is making ￿Trabl]ity ever tighler.
FINANCIAL REVIEW
FINANCES AND APPRECIATION OF SUPPORT
Change of FinanGial Year - in 2023.. earlier this year il was decided to move lo a financial year starling in
January rather than April, making 2023 a nine-month year ljust this lime April lo December). This is to beller
support and align with the cerliftcalion activity which is the calendar year. For this rea50n figures for the next
accounting year120231 may not be directly comparable with those currently reported hele of 2022123,
Sponsorship and Partnerships these have come in many guises, funds for printing the newsletter, and
support for events, andlor donations. all these are very much appreciated and make such a difference. We
would like lo thank in particular,. Wallham Place and the Oppenheimer f8mily, the Dewcross Centre for Moral
Technology, Weleda, Aonghus Gordon and Ruskin Mill Trust, Newton Dee Camphill Community, Botlon
Village (CVTI and Lols Road Auctions for their ongoing support and all those not rnenlioned, but appreciated,
who give extra help.
Partnerships are particularfy helpful in enabling us to tackle and have more impact on the issues that maller
here are some..
Wallham Place supports the BDA'S work generously in both staff time and other material support wth
events. gardening courses, advice for the G8rdening Club and more.
Aonghus Gordon and various members of his team al the Ruskin Mill Trust, collaborating on a variety
of projects including delivery of the Slep by Slep gardening Courses in seven venues around the
country and the informing and enabling of the Genius Loci process.
Hermes Trust continues to offer grants for specific activities supporting the work of biodynamics in
general.
Dewcross Centre for MDral Technology continues lo generously support our printed newsletters with
annual funding.
Legacles: Reserves created through legacies over the past few years have enabled the continued funding of
a part lime Exe¢ulive Director post, maintaining a good level of social m8di3 and other communications work,
svpporling the continuation of the Gardening CILJb and Farm Services. as well as keeping some reserves for
these posts for the next financial year 120231- The diminishing reserves will be ieviewed again for 2024.
Fundraising is active.
Donations including membership contributions and general donations continued to be of major supwil,
providing approx. £32,000 of income this last year. Many members make regular donations by giving some
extra with their membership. This is greatly appreciated and really helps cover much of the basic running
costs of the charity. We can and do get Gift Aid wheie applicable on donation5, which gives an added bonus
of 25TrA (usually about £3,000),
Both legacies and donations help to enable projects and activities to meet the cha¥ltable and
Strategic objectives.
Grants: DEFRA continues to provide funds lo support the reporbng fftquired by registration as an organic
certification body, this was approxlmalely £21,000.
A grant from the Anthroposophical Society awarded in 2019 funded research into 4 biodynamic farms, ihis
project has now completed. Parl of Ihis the grant helped pay for 4 short films in summer 2022
see
hllps.'Il￿.b¢odynaMkc.0ry.UkI4-farm-caSe-studyl ., fuilher dissemination the results of this interesting piojecl
is ongoing.
Page 5

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
FINANCES AND APPRECIATION OF SUPPORT
Investments.. Income from a legacy from Grange Kirkcaldy {GKKI, invested in 'charilable ethical,
investments, contributes a variable amount of annual interest. In 2022123 it again prodU￿d around £10,000
which suppoits the charitable work while keeping the capital safe. £1000 of this is pul aside for bursaries to
support students and young people allend BD trainings of various sorts. This year. several BD
apprerkliceslex-apprentices were helpèd lo aitend ORFC and present a '8iodynamics Mallers, session, they
did a great job.
Rlsk - The BDA Trustees have designated these reserves {GKK investment fundl as our fund to meet Dur
required risk policy. This 15 to cover the risk if the BDA should collapse financially lor some reason, the funds
are then available lo support the charity through a temporary crisis. The value of this fund al the end of any
financial year can vary - this year it has regained some of what it lost in the pandemic period and is now
above its 2018 value al £183,830 on 31103123.
Olhei risks are li$ted, evaluated and monitored al Trustee meetings and held in mind. and mitigated as much
as possible. Any new pefceived fisk is discussed, assessed and listed.
Financial overview
Further development of diflerenl activities of the BDA was intended, yel due to financlal and people
constraints we have had to pull back somewhat and this planning is not complete. Some reserves, donations
as well as a surplus from the Ceilification income and reduced staffing has kept the boat afloat and the
activity going. 2023 is also tight and a big fundraising push is on to help the organisation have the resources
to share biodynatnics even more across the UK farming sector, particularly in 2024, the 100 years of
biodynamics.
The BDA works carefully with ils finances, preparing a budget in advance with fegular monitoring by staff and
the executive director with a professional bookkeeper. reporting monthly to the Trustees. All key financial
decisions arè made by the Trustees.
The Iwo parts of the aclivily, charity Imembership and certfficalion have different needs and challenges,. they
lend to complement each other pretty well so that cash flows 3nd the bottom line is miraculously maintained.
The Iruslees were disappointed to learn of the administration of the Seed Co-operative since the year-end,
placing al risk the Association's investment of £75,000. As il Is Still early in the process, the Iruslees are
uncertain as lo how much, if any, of Iheii investment they will be able lo recover. They have chosen therefore
not to impaif the value of thèir investment in these financial statements.
structure and governanGe
The BDA is led by Trustees bringing a variety of skills and experience, some of whom have supported the
charty for many years and are on their fenewed second term of office.
Trustees wlth special responsibility.. Jenni Rosenbrock is chair and also represents the BDA on the Seed
Cooperative board, and with BD Agriculture College. lan Bailey is vice~chaii with goveinance and policy
oversight, he volunteers with the preparations, Jeremy Stephens has taken on lo be Treasurer.
Richard
Thornton.Smith holds over5ighl for the Ceflification activity and Board, Tom Petherick is supporling
fundiaising.
LOOKING TO THE FUTURE
In this current year 2023 the BDA stsrted the year by consulting with its members and licences to ensure that
the future strategy and structure most accurately reflects the members and licences interests, this was
undertaken by onlinè survey in NovlDec 2022 and al the January AGM event. It is also preparing for the 100
year5 since the introduction of biodynamics, to share and lo celebrate what this now ollers the world with
depleted soils and struggling nature. There is more lo do and reviewing the Strategy from 2019 is part of the
TTuslees work and they support the fundraising lo enable special activities lor a celebratory year.
Page 6

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
AUTONOMOUS ASSOCIATED ACTIVITIES
The A550cialion operates al the heart of the Biodynamic Movemènt with slruclural connections lo
organisations with a shared common puiposè. Though associated, the following are fully autonomous
organisations with no financial dependency between them and the BDA.
Biodynamic Agricultural College {BDAC):
The Biodynamic Agricultural College IBDACI became an independent charity in 2010. BDAC runs the
Biodynamic Work-based Diploma training which is similar to an apprenticeship, and the online Introduction to
Biodynamics and now has an excellent Viticulture Course into its second year and other offers. It is
suppoiling biodynamic training across the English speaking worl(f wilh shared material.
Biodynamic Land Trust Ltd:
The Biodynamic Land Trust IBDLTI, founded in 201110 hold land for biodynamics. 11 is a Community Benefit
Society and exempt charity. The purpose of the Trust is lo retain & secure land for Biodynamic farming.
gardening ancl food growing with community connections where possible. The BDA is a Custodian Trustee
and holds an asset lock. The Land Trust has several tenant farms and building a group of associated farms
across the UK. It is parl of a nationwide development of work lo grow access to land potential by working with
other agroecological land trusts and other such fora.11 is also working with large land owners.
Blodynamic and Organic Plant Breedlng and Seed$ Ltd. laka Seed Co-operatlvel:
The Seed Co-operative is a Community Benefit Society registered under the full name of Biodynamic and
Organic Plant Breeding and Seeds Limited. 11 has Ihree main aims.. Breeding new strains of open pollinated
plants, Pioducing and dislribulillglselling certified biodynamic and organic seed, Sharing knowledge and skills
about seed saving, plant breeding and the imptsrtance of seed and food sovereignty. Currently it is sadly in
administration and we do not yet know what the long term outcome might be.
Section for Agrlculture and the Experlmental Circle In UK:
The BDA, including the Certification team. work5 closely with the UK part of the international biodynamic
research group called the Experimental Circle, whose task il is lo continue lo research and develop the
application ol biodynamics. 11 works with the international coordination, promotion and research hub that is the
Section for Agriculture, based 31 the Goelheanutn in Dornach, Switzerland, the annual agriculture conference
and other workshops. These activities are connected lo the inlernalional Biodynamic Federation Demeter
International of which the BDA is a mefflber, supports and parlicipates in certification workshops elc. There is
also a regular meeting of the UK Agriculture section for those seeking to share and deepen their work with
biodynamics on 3 spiritual as well as practical basis.
Links and afflllations:
Whole Health Agriculture
Weleda
UKCOG - the group or organic Certifiers in the UK
Sustain
Real Farming Trust
Regen Ag
Oxford Real Farming Conference
Organic Research Centre
Marinel- Marine Conseivalion for the UK
Land Workers Alliance
Inlernalional Federation ol Organlc AgricLsllure Movemenls IIFOAMI
GM Freeze
Garden Organic, Rylon
Farming the Future
FamiEd
English organ￿ Forutn IEOFI
Eat Beller
Beyond GM
Page 7

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Financlal Fraud
Th& BDA has processes 8nd procedures In Pla￿ lo ensure protection aoalnst unauihorlsed access to
systems or assols.Thes8 indude regular softrmre updates, strong password controls. aulhorisation limlls and
segregation of duties. However, hackers gained acce55 to our email 5ysl8m during th8 Easter 2021 holSdays
and generated fraudulent payment instructions which appeared to be legllimate Inslructlons. Acting on theso
fraudul8nl paymenl Inslructlons 3 payments of £5,000 each was paid from the Biodynamlc Lond Trust
Account on béhalf of the BDA. On disL￿venng the fraud some £5,000 was recovered Ihrough the banking
system. The BDA and BDLT agreod lo splll the net finanddl loss resulting fiom this fraud. Indudad in other
costs is £5,000 whlch is th8 BDA loss Incurr8d.
The Trus188s expect BDLT to pursue a dalm against the bank thal Issued the payment instruLlions and
potentially recoup some or 811 of thts loss in the future.
EVENTS SINCE THE END OF THE YEAR
Inform81ion relatin9 lo events since th& end of the year 18 given in the notes lo the financial slatements.
STATEMENT OF TRV3TEES' RESPONSIBILITIES
The Iruslaès (who 8re also the dir8clors of BiodynarnicAgriuJltural Associatlt)n for the PUFPOS8S of company
law) are responsible for preparlng the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted AcGountlng
PrBcticel-
Company18w requires the twstees lo prepare finandal Statements for each linanclal year whlch glve a trua
and fairviow of thè stale of affairs of the Gharitable Company and of lh8 inwmlng resources and appllcation of
resources, includlng the incoma and expenditure, of Ihe charitable company lor that pariod. In PT8paring
Ihos6 financi81 statements. the tru5te&s are required to
salact sult8bl8 8CAx)un￿ng policiets 8nd then apply them consistenlly.
observe the methods and princlples in the Charity SORP-
make judgements and estimates that are reasonable and prudenL
prepare the finan¢lal slalements on the golng ct¢ncem basls unless It Is lnapproprtate to presume that the
charltable company will contlnua in busines&
The trustees are responsible for keeplng proper accounting records which disdose wth reasonable accurocy
at any lime the financial position of the charit8bJe company and to 8nable thèm io ensure that the financi81
slatements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the chaiitable company and hence for reasonable steps for the PTèV8nlion an¢J datection of fraud and
other Irregularities.
Approved by order of the board of tTUStee8 on.
and slgned on its behalf by:
ifer Rosenbrock- TnJste&
Page 8

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BIODYNAMIC AGRICULTURAL ASSOCIATION
Independont examinerfs report to the trustees of Biodynamlc Agricultural Associatlon I'the Company'l
I report lo the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2023.
Responsibilities and basis of report
As the charity's Iruslees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
20061'lhe 2006 Acl'},
Having satisfied myself that the accournls of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I rèpoll in respect of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Acl'l. In carrying out my
exarllinalion I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the
2011 Act.
Indepondent examiner's statement
Since your charity's gros5 income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the exarninalion because l am a member of the Institute of
Gharlered Accountants in England and Wales. which is one of the listed bodies.
I have ¢ompleted my examination. I confirm that no matters have come to my attention in connecb'oti with the
examination givillg me cause lo believe..
accounting record5 were not kept in respect of the Company as required by Section 386 of the 2006
Act.. or
the accounls do not accord with those records,. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a Maller considered as
parl of an independent examination., or
the accounts have not been prepared in accordance with the methods ancl principles of the Statement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 10211.
I have no concerns and have come across no other matters in connection with Ihe examination lo which
allenlion should be drawn in thi5 report in order lo enable a propèr understanding of the accounts lo be
reached.
Roger Downes FCA
Andorran Limited
6 Manor Park Business Contre
Mackenzie Way
Chellenham
Gloucestershire
GL519TX
10 October 2023
Page 9

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
31.3.23
Total
funds
31.3.22
Total
funds
Unrestricted Reslricled
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
83,766
1,500
85,266
62,344
Charitable activiti¢s
Charitable activities
335.301
335,301
368,898
Investment income
10,808
2,880
13,688
9,769
Total
429,875
4.380
434.255
441,011
EXPENDITURE ON
Raising funds
(2,5721
12,5721
2,572
Charitable activitigs
Charitable activities
462.706
5,868
468,574
491,608
Total
460,134
S,868
466,002
494,180
Net gainsl(lossesl on investments
111,9661
{11,9661
13,299
NET INCOMEIIEXPENDITUREI
Transfets between funds
142,2251
11,7151
11,4881
1,715
143,7131
139,8701
18
Net movemant in funds
143,9401
227
143,7131
139,8701
RECONCILIATION OF FUNDS
Total funds brought fon￿aid
210,329
231,278
441,607
481,477
TOTAL FUNDS CARRIED FORWARD
166,389
231,505
397.894
441,607
The notes form parl of these financial statements
Page 10

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
STATEMENT OF FINANCIAL POSITION
31 MARCH 2023
31.3.23
Total
funds
31.3.22
Total
funds
Unreslricled
funds
Restricted
funds
Notes
FIXED ASSETS
Investments
Investments
Social investments
13
14
46,259
76,000
137,571
183,830
76.000
195,796
75,000
122,259
137,571
259,830
270,796
CURRENT ASSETS
stocks
Debtors
Cash al bank and in hand
15
16
10.530
43,850
24,878
10,530
43,850
118,812
14,569
36,616
151,778
93,934
79,258
93,934
173,192
202,963
CREDITORS
Amounts falling due within one yèaf
17
135.1281
135,1281
132,1521
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
Unrestricted funds
Restricted funds
18
166,389
231,505
210,329
231,278
TOTAL FUNDS
397,894
441,607
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 March 2023.
The members have not requiTed the company to obtain an audit of its financial statements for the year ended
31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibillties for
lal
ensuring that the charilable company keeps accounting r&cords that comply with Sections 386 and 387
of the Companies Act 2006 and
Ibl preparing financial statements which give a true and fair view of the slate of affairs of the charitable
company as al the end of each financial year and of ils surplus or deficil for each financial year in
accordance with the requirements of Sections 394 and 395 and which olherwi5e comply with the
requirements of the Companies Act 2006 relating to financial statements, so far a$ applicabl? lo the
charitable company.
The notes form part of these financlal statements
Page11
continued...

BIODYNAMIC AÈRICULTURAL ASSQCIATIQN
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
STATEMENT OF FINANCIAL POSITION- ¢ontlnu•d.
31 MARCH 2023
Thes8 financial $talements have been prepared In acc￿rdanrE ￿1th the provisloro appli¢8blg lo charitsble
Gompanles subject to th& small compBnie8 regime.
Th& financial statements ￿re approv¢d by the Board of Twst88s and aUlh(KI￿ for is%ue on
d were sigNod on ils b8h8lf by-
ifor Rosenbrock- Tr￿¢68
The notes form part of these financlal 3tatements
Pagg 12

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
GENERAL INFORMATION
The Charity is an Charitable Incorpofated Organisation 'CIO' registered in England, CE001656. The
reglstered office is Open House, Painswick Inn, Gloucester Street, Stroud, GL5 1 QG.
ACCOUNTING POLICIES
Basls of preparing the flnancial statements
The financial statements ol the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP {FRS 1021 'A¢counting and Reporting by
Charities., Statement of Recommended Practice applicable to charities preparing theif accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffeclive 1 January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic ol Ireland. and the Companies A¢1 2006. The financial statements
have been prepared under the historical cost Gonvenlion, with the exception of investments which are
ncluded at market value, as modified by th8 revaluation of certain assets.
Income
All income is recognised in the Slalemenl of Financial Activities once the charity has entitlement to the
funds, il is probable that the Income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as tsxpendilure as soon as there is a legal or construct5ve obligation
committing the chaiity lo that expenditure, it is probable that a transfer ol economic benefits will be
required in selllemenl and the amount ol the obligation can be measured reliably_ Expenditure is
accounted for on an accruals basis and has been classified Ljnder headings that aggregate all cost
related lo the category. Where costs cannot be directly atlribuled lo particular heading5 they have been
allocated lo activities on a basis consistent with the use of resources.
Social Investments
Social investments are made exclusively lo further the charity's aims by funding specific aclivilies.
Equity instruments are measured al their fair valuè at the reporting date if this can be measured
reliably, or al cost less impairment. Concessionary loans are either initially measured al the amount
received and paid and then adjusted in subseqLJent yeais lo reflect repayments, interest and any
impairrnenl, or they are initially measured al the fair value and subsequently at their amorlised cost
Using the effective interest method.
Social investments that are measured al cost or amortised cost are assessed for objective evidence of
impairment al the end of each reporting period. Any impairment losses are recognised immediately as
a cost within 'expenditure on ¢haritsble activities, in the statement of financial activities.
Stocks
Stocks are valued at the lower of cost and nel reali5able value, after making due allowance for
obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
IrLsslees.
Resiricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and PLJrpose of each fund is included in the notes lo the financial
statements.
Page13
continued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATIQN OR BDA
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POLICIES. continued
Foreign currencias
Assets and liabilities in foreign currencies are translated into sterfing at the rates of exchange ruling at
the statement of financial position dale. Transactions in foreign currencies are translated into slerSing
al the rate of exchange ruling at the dale of transaction. Exchange differences are taken into account
in arriving al Ihe operating result.
DONATIONS AND LEGACIES
31.3.23
31.3.22
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
31.3.22
Defra Gyanl
27,438
24.923
INVESTMENT INCOME
31.3.23
31.3.22
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
Aclivlty
Educational income-
Training
Books & Pyeparalions
Certification activities
Advertising income
Gardening Club
Farm SeNices
Genius Loci
BFDI Recharge
Charitable activities
Charitable activities
Charitable activities
Charitable activities
Char￿table activities
Charitable activities
Charitable activities
Charitable activities
670
35,609
230,704
3,244
1,035
1,899
7,408
34,972
245,493
3,124
3,270
2,610
14,000
58.021
62,140
335,301
368,898
Page 14
onlinued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2023
RAISING FUNDS
Other tradlng activitles
31.3.23
31.3.22
Bad debts
12,5721
2,572
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 81
Support
costs (see
note 91
Totals
Charitable activities
76,070
392,504
468,574
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.3.23
31.3.22
Education, training & Bufsaries
Projèct costs
Participation & subscriptions
Books & Prepaiations
Star & Furrow, newsletter
Gardening Club (incl salaries)
Farm Services lincl salaries)
Genius LDCI
Seed Coop donations
Outreach
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
1,868
18,932
26,047
76,070
118,112
SUPPORT COSTS
Certification
Activity
Governance
costs
Management
Totals
Charitable activities
75,653
305,090
11,761
392,504
10. TRUSTEES, REMUNERATION AND BENEFITS
There were no Iruslees, remuneration or other bènefits for the year ended 31 March 2023 nor for the
year ended 31 March 2022.
Trust¢es' expense5
All expenses are paid in accordance with Charity Commission guidelines and all transactions with
Iruslees are al market value. During the year to 31 March 2023. trustees claimed expenses or had
their expenses mel by the charity. In total £53312022.. £8651 of expenses were reimbursed lo trustees
during the year.
Page 15
continued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS- eontlnued
FOR THE YEAR ENDED 31 MARCH 2023
11. STAFF COSTS
The average monthly full time equivalent gmployees during the year was as follows..
31.3.23
31.3.22
CertÈfi'calion Office
Adminislralion
No employees received emoluments in excess of £60,000.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslficted Reslricled
fund5
ftjnds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
62.344
62,344
Charltable activlties
Charitablè aclivities
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 activitles
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 INCOMEIIEXPENDITUREI
154,0811
14,211
{39,8701
RECONCILIATION OF FUNDS
Total funds brought lomard
264,410
217,067
481,477
TOTAL FUNDS CARRIED FORWARD
210,329
231,278
441,607
Page16
continued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE 810DYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2023
13. FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 April 2022
Revaluations
195,796
111,9661
Al 31 March 2023
183,830
NET BOOK VALUE
Al 31 March 2023
183,830
At 31 March 2022
195,796
There were no investment assets outside the UK,
Cost or valijalion at 31 March 2023 is represented by..
Listed
investments
Valuation in 2019
Valuation in 2020
Valuation in 2021
Valuation in 2022
Valuation in 2023
Cost
2,329
142,5791
34,326
13,299
111,9661
188,421
183,830
The balance ol listed investments above represents £137,572 ftom the Grange Kirkcaldy fund and
£46,258 of general funds. Interest received on these investments is Ireated as general unreslricled
income,
14. SOCSAL INVESTMENTS
Programme
related
investments
equity
MARKET VALUE
At 1 April 2022
Additions
75.000
1.000
Al 31 March 2023
76.000
NET BOOK VALUE
At 31 March 2023
76,000
Al 31 March 2022
75,000
Shares in Biodynamic & Organic Plant Breeding & Seeds Limited (Seed Co-operalivel
Shares in Tablehursl & Plaw Hatch Community Farm Limited
Page 17
onlinued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2023
15. STOCKS
31.3.23
31.3.22
Books & preparations
10,530
14,569
16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23
31.3,22
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
Tracle creditors
Social security and other taxes
VAT
other credilors
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. MOVEMENT IN FUNDS
Nel
movement
in funds
Transfeis
between
funds
Al
31.3.23
Al 1.4.22
Unrestricted funds
General fund
Gardening Club
207,059
3,270
143,2601
1,035
11,7151
162,084
4,305
210,329
142,225}
11,7151
166,389
Restricted funds
Grange Kirkcaldy Fund
Seed Cooperative
Anthroposophical Sociely GB
Genius Loci
Communication of Biodynamics -
RMET
Newsletter Printing
146,526
75,988
2,285
4,479
146,526
77.000
1.012
14,0001
1,715
4,479
2.OOD
2,000
1,500
1,500
231,278
11,4881
1,715
231,506
TOTAL FUNDS
441,607
143,7131
397,894
Page 18
continued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
18.
MOVEMENT IN FUNDS. contlnued
Nel movement in funds, irkcluded in the above are as follows..
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestrlcted funds
General fund
Gardening Club
428,840
1,035
1460,134}
111,9661
143,2601
1,03S
429,875
1460.1341
111,9661
142,2251
Restrtcted funds
Seed Cooperative
Anthroposophical Society GB
Newsleller Printing
2,880
11,8881
14,0001
1,012
14,01)01
1,51K)
1,500
4.380
{5,8681
{1,488)
TOTAL FUNDS
434.255
1466,0021
111,9661
{43.7131
Comparatives for movement in funds
Net
movement
in funds
Al
31.3.22
Al 1.4.21
Unrestricted funds
General fund
Gardening Club
264.410
157,3511
3,270
207,059
3,270
264,410
154,0811
21D,329
Restrictèd funds
Grange Kirkcaldy Fund
Seed Cooperative
Anlhroposophsc31 Society GB
Genius Loci
Communication of Biodynamics -
RMET
136,574
75,608
2.885
9,952
380
16001
4,479
146,526
75,988
2,285
4,479
2,000
2,000
217,067
14.211
231,278
TOTAL FUNDS
481,477
139,8701
441,607
Page 19
continu8d...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS- continugd
FOR THE YEAR ENDED 31 MARCH 2023
18.
MOVEMENT IN FUNDS- continued
Comparative nel movement in funds, included in the above are as follows..
Incoming
Resources
resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
Gardening Club
423,361
3,27D
1484.0591
3,347
{57,3511
3,270
426,631
1484,0591
3.347
154,0811
Restricted fund$
Grange Kirkcaldy Fund
Seed Cooperative
Anthroposophical Society GB
Genius Loci
9,952
9.gS2
380
16001
4,479
380
{6001
19,5211
14,000
14,380
110,121)
9,952
14.211
TOTAL FUNDS
441,011
1494,1801
13,299
139,8701
Gardening Club Fund
To assist In selling up the Gardening Club.
Grange Klrkcaldy Fund
To support those learning about biodynamics with small amount for courses and events.
SBed Cooperative Fund
Sh2res held in this Community Benefit Society to support and underpin the ownership of land and
business for biodynamic seeds.
Anthroposophical Society GB Fund
Farm Case Sttjdy research project.
Genlus Loci Fund
To ensure that the BDA and the biodynamic movement in the UK is fit for purpose and ieady lo
upscale
Communicatlon of 8iodynamlcs Fund - RMET
To engage, mainly young. people with the communication of biodynamics via text and video clips.
Newsletler printing
To assist with printing and distribution of the pap&r version of the newsletter.
The policy lor deployment of these funds is that the Trustees agr￿ to the funds being used as per
their designation or reslrictlon and any further details as needed and how much can be used in each
financial year via the budget preparalioy work in the trustee meelings. Once this is decided the
Executive Director agrees particular spends if needed and monitors the use as pèr budget agreed.
Fage 20
continued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2023
19. RELATED PARTY DISCLOSURES
Waltham Place Farm
A licensee in which A Tranquilini is a senior employee.
During the year the Association made sales tolalling £1.612 12022,, £1,509} lo Wallh8m Place Farm
and received a donation of £120 (2022.. £651. These transactions were al an arm's length basis.
Laurlston Farm
A licensee in which S Christy is the CEO.
During the year the Association made sales tolalling £1,16712022.' £1,004} to Laurislon Farm. These
transactions were al an arm's length basis.
Severn Valley Biodynamic Land Tralning Course
A now closed linked organisalion of which l Bailey was a director.
During the year Severn Valley Biodynamic Land Training Course donated £nil 12022.. £8) to the
Association. The Association made sale5 tolalling £152 12022.. £1271 to l Bailey. These transactions
were at an arm's length basis.
Nantclyd Farm
A licènsee in which L Findlay is a senior employee.
During the year the Association made sales lolalling £3,53612022.' £1,175) lo Nanlclyd Farm. These
Iransaotions were al an arm's length basis.
Biodynamlc Land Trust
Community Benefit Society of which the Association is custodian Iruslee.
During the year the Association made sales totalling £60912022.. £761 lo Biodynamic Land Trust and
paid invoices to the related party totalling £nil 12022-. £5,091). These transactions were al an arm's
length basis.
Biodynamic Agricultural College
Charitable educational organisalion with similar aims to the Association and run out of the same
premise5.
During the year the Association made sa￿8 lotalling £nil 12022.. £3511 lo Biodynamic Agricultural
College. These transactions were at an arm's length basis.
Seed Co-operative
Seed and plant breeding CBS, a community benefit society which offers investment in withdrawable
shares of which the Association is a custodian trustee.
During the year the Association collected donations tolalllng £2,88012022.. £llill for this society and
paid over £1,86812021". £nill to the society. These transactions were al an arm's16ngth basis.
Page 21
continued...

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR BDA
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2023
20. POST BALANCE SHEET EVENTS
Since the year-end the Seed Co-operative ha5 gone ir¢to administration, placing at risk the
Association's investment of £75,000. As the Iruslees are uncertain as to how muGh, if any, of the
investment will be iecovered, no impairment of the investment valuab.on has been included in these
financial statements.
Page 22

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
INCOME AND ENDOWMENTS
Donatlons and legactes
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 activitles
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
7,408
34,972
245,493
3,124
3,270
2,610
14,000
58,021
62,140
335,301
368,898
Total incomlng resources
434,255
441,011
EXPENDITURE
Other trading activltle5
Bad debts
12,5721
2,572
Charitable activitl8s
Educ8lion, training & Bursaries
Project costs
Pailicipalion & subscriptions
Books & Preparations
Star & Furrow, newsletter
Gardening Glub lincl salaries)
Farm Services (incl salarie51
Genius Loci
Seed Coop donations
Outreach
310
4,000
60D
25,362
12.533
3,520
8,945
13,923
592
468
22,550
10,916
21,006
13,089
9,521
1,868
18,932
26,047
76,070
118,112
This page does not fo¥m part of the slalulory financial statements
Page 23

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRADING AS THE BIODYNAMIC ASSOCIATION OR 8DA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
31_3.23
31.3.22
Support cost5
Managem¢nt
staff costs
Ollice costs
62,481
13,172
81,314
12,312
75,653
93,626
Certification Activity
Staff costs
Accreditation
Office costs
Promotion
Management and certifi'cation workshop5
International representation
Inspectors, fees
Inspectors, expenses
Other costs including BFDI rechaTge
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 Iruslee$' 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
131,7471
153,1691
Realised recognised galns and losses
Realised gainsl{losses) on fixed asset
investments
111,9661
13.299
Net expenditure
143,7131
139,8701
This page does not form pafl of the slalulory financial statements
Page 24

f.
Vwa