Charity registration number 1158301 (England and Wales)
BIODYNAMIC AGRICULTURAL ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
BIODYNAMIC

BIODYNAMIC AGRICULTURAL ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trusto•s
Mr I S Bailey
Ms J Rosenbrock
Mr J Stephen5
Mr R Thornton Smith
Mr M Emous
Mr T Petherick
(Appointed 31 October 2024)
(Resigned 31 October 20241
Charlty number (En9land and Wales) 1158301
Company numboy
CE001856
Reg15tered ofllce
Open House
Painswick Inn
Gloucester Street
stroud
Gloucestershire
England
GL5 1QG
Ind•p•nd•nt •xamlnor
BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenh8m
Gloucestershire
England
GL519TX
Bank•rs
Triodos, Deanery Road, Brislol BS15AS
Lloyds, 134 High Stre8t, Stourbridge, DY8 1 DS
Executlve director
Gabriel Kaye

BIODYNAMIC AGRICULTURAL ASSOCIATION
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activitie5
Statement of financial position
Stalement of cash flows
10
Notes to the financial statements

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRUSTEES. REPORT
FOR THE YEAR EJVDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comp5y with the charity's governing document, the Charities Act 2011, FRS 102 "The
Flnancial R8POrting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "P£counling
and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)"
Objectlves and activltles
The alms and obJgctlv•s of th• Blodynaml¢ Asso¢latlon
Objects: as per the Charity Incorporated Organisation constitution ofthe BDA
"The object of the CIO is to research and develop. promote and disseminate knowledge of the Biodynamic methods
in8ugurated by Dr Rudolf Steiner for the betterment offarming. forestry and gardening."
Our Purposa: To research, inspire, enthuse ancl empower increasing numbers of people in the UK lo practice,
engage with and explore biodynamic farming and gardening and food, as part of the global sustainability movement.
Tho biodynamic method of farmlng and gardening:
works with and harnesses the natural rhythms of the forces of earth, planets. constellations, sun anc
to heal and regenerate the soil, plants, animals, people and ecosystems.,
empower5 the farmer and gardener to work creatively. compassionately and intuitively with Nature I
respectful relationships with the farm and garden as a living natural and social organism and ecosy51
produces nourishing food with provenance, aiming lo feed the mind and spiril, support our en
engage with our life purpose and support our evolving consciousness.
5-year Stratoglc Plan 2019
For promoting biodynamic knowledge, practice and research and running the charity..
Strategy 1
Making biodynamics more accessible to more people
Strategy 2
Engaging and sustaining new and existing biodynamic supporters
Strategy 3
Expanding and slrengthening the Biodynamic food ne￿Ork from producer lo consu
Strategy 4
Consolidating the biodynamic movements position as a pioneer, partner and influenc
Strategy 5a)
Nurturing and sustaining the Biodynamic organisational network and its peopl8
Strategy 5b)
Governance. Charitable status, leadership and delegation
Publ1¢ Benèflt
In planning the charity's activilles for the period the trustees kept in mind the Charity Commission's guidance on
public benefit. The focus of the charity's activities during the period, which explains the delivery by the charity ol
public benefit, 1$ set out below under 'Achievement and performan￿, and above under'objectives and aims,.

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevemonts and performance
Activiti•s In 2024
Overvlew:
During this year the Biodynamic Association has continued to consolidate its position in the UK and Membership
and number ol Licences have remained stable compared to the previous year. The Association continues to
provide certification to organic and Demeter standards. Quarterly newsletters and the tmice-yearly magazine 'Star
and Furrow, continue to inform members and promote animated discussion. as does the Association's online
presence through different social media platfoms.
Actlvlty reports: 2024 was a special year of celebration as it was 100 years Sin￿ the indications for what
became biodynamics were given in a series of lectures by R Steiner al Kobemitz in what is now Poland. These
elebrations a 100 years on were greeted wilh joy and enthusiasm in all seclors of biodynamics, farming, gardening,
vineyarding, children's activities, trainlngs, preparation-making, processing and food culture.
There were events in the UK and abroad from January to December, slarting with a special stand and great
presentations al Oxford Real Farming Conference, continuing with workshops, farm visits, stands at events and a
party and awards for over 100 people at Steiner House in November. A very special year.
Books and Pr•paratlons and the webshop activity have, as usual. performed well. Our two wonderful
volunteers help with orders, and pack and dispatch. The preparation group continues to meet at least once a year
and are in contact by email al other times to ensure that produclion meets demand and maintains the required
quality. The majority of preparations are made by Bernard Jarman and Briony Young to order.
The Three Kings Preparation is, as ever, a strong favourite with members of the Gardening Club and ready-
prepared, sm811 quantities are availabl8 to order in December and January. The afteieffects of BSE tt)ntinue to
mean that horns and other ingredients are sourced from as far afield as Latvia.
Many thanks to Bernard Jannan and Hawkwood College for providing a home for the Prep Store.
Communlcatlons and outreach nowsl•tt•rs and Star & Furrow: The teams carrying this work are
continuing to ensure that published content is relevant and progressive.
Educatlon
the increase In online courses which was precipitated by the pandemic continues to widen the
audience for 8D courses. Our partners, the BD Agriculture College, Ruskin Mill Trust, Apricol Centre, Whollstic
Heallh Inslitute, Wallham Place and others provide an increasingly large variety of high quality courses,

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Farm Services: Farm Services supports potential biodynamic and organic farmers and growers as well as
existing licensees and members. Farm Services can also provide support for grant applications for Suslainable
Farming Incentive, Countryside Stewardship and ELMS.
Gaydening Club: The Club is an important area of sharing information about biodynamic methods with a wider
audience and the Club has a fantastic team of professional BD gardening advisors as well as its dedicated leaders.
11 continues lo offer gardening support and advice via its Facebook group, regular email updates about séasonal
gardening activities, events and related news, and webinars on related subjects.
Marketing and Supply ¢h•ln'. The restrictions of recent years have largely abated and physical outreach has
returned. while our online and web-based presence has been maintained. The new logo (2021), representlng the
earth and soil, plant life. human and animal warmth, and the Sky and cosmos above us, has given theAssociation
fresh, modern feel.
Membershlp: Membership numbers remain around the long tem average levels. Many members not only pay
their subscription but also give an extra donation which is always greatly appreciated and allows us to do that little
bit mor8.
As a membership organisation it is important for us lo understand more fully the requirements and interests of our
membership. A database to improve communication with members has been Introduced and we can communicate
with the majority of members by email newsletter- we also understand that some members do not have computers
or connect to the internet.
The Assoclatlon's genoral actlvlty..
The day-lo-day business of responding to enquiri88 and informalion needs about biodynamics Is an ongoing, core
activity.
Our October 2024 AGM was held at Clervaux Garden School in conjunction with a weekend workshop with Vincent
Masson °Biodynamic agriculture and ils ability to build health. with a special focus on the use of Ihe biodynamic
preparations" This was kindly hosted and sponsored by Ruskin Mill Trust.
The BDA also participated in two important event8. One was the annual global Biodynamic Agriculture Conference
in Dornach Switzerland. The second was the Oxford Real Farming Conference (ORFC)- There were many other
speclal workshops and events - more than usual to celebrate biodynamic practice over 100 years.
Certlflcation is a key area for the BOA wilh numbers of licensees holding sleady at around 300, There has been
little change from last year, with around 100 Demeter and 50 organic producers {farmers Igrowers), and 50 Demeter
and 100 organic processorsltraders, this latter including importers.
The BDA engages with DEFRA, UKAS and the EU organic regulations, the last of which underpins the Demeter
stand8rds. This critical work also enables better working partnerships with other UK Organic Certifiers, and working
wilh the requirements of our own government brings challenges, especially post Brexit. We continue to work with
our Irish licensees by offering a Demeter top-up through the Irish OrganicAssociation {IOA).
Reaching outside the UK, the BDA, including the Certification team. plays an active part in Biodynamic Federation
Demeler International (BFDII, holding several roles on their committees including Standards, Accreditation,
Research and Training. The BDA is a full member of BFDI.
Government change5 in farming policy and regulation remain an important area and the BDA is involved in
dealing with DEFRA consullations, workshops, supporting other organisations and being part of pressure groups
such as the English Organic Forum, Sustain, Beyond GM etc. on matters such as ELMS and the National Food
Strategy, gene editing proposals and more.

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnancial review
Flnan¢es and appreciation of support
Change of Flnanclal Year: It was decided to move to a financial year starting in January rather than
September, making 2023 a nine-month year. For this reason figures for 2024 may not be directly comparable with
those from the pr8vious year.
Sponsorshlp and Partnershlps: these have come in many guises, including lh8 recently updated corporate
membership ancjlor donations, funds for printing the newsletter, and support fr)r events and all these are very much
appreciated. We would lik8 to thank in particular. Wallham Place and the Oppenheimer family, the Dewcross Centre
for Moral Technology, Weleda, Aonghus Gordon and Ruskin Mill Trust, Botton and Newton Dee Camphill
Communities for their ongoing support and of course we thank the individuals who make substantial donations or
those who take out organisational membership such as Miranda Brooks Landscaping.
Partnerships are particularly helpful in enabling us to tackle and have more impact on the issues that maller- here
are some..
Herme5 Trust continue5 to offer grants for specific activities supporting the work of biodynamics in generel
and certain projects in particular
Aonghus Gordon and various m6mbers of his team at the Ruskin Mill Trust, collaborating on a variety of
projects including delivery of the Step-by-step gardening courses in six venues around the country and the
GeniLJS Loci process.
Dewcross Centre for Moral Technology continues to generously support our printed newsletters with annual
fundlng.
Wallham Place supports Ihe BDA'S work generously in both staff time and oth8r material support with
events, gardening courses. advice for the Gardening Club and more.
We thank the anonymous donor who has once again Supplied substantial funding to support our work and
that of the Land Trust by recycling income receive by her family over the centuries from industrial profits.
Legacles: ReseNes created through legacies and specific large donations over the past few years have enabled
the continued funding of a part time Executive Director post, for continuing a good level of social media and other
communications work, supporting the continuation of the Gardening Club, the Farm Services. as well as keeping
some reserves for Ihe8e posts for the next financial year. The work and results achieved with this funding will be
reviewed in 2025
Donatlons including membership continued to be of major support, providing approx. £34,000 of incom8 this last
year. Many membefs make regular donations by giving some extra wtth their membership. This is greatty
appreciated and really helps us cover the running costs of the charity which can be difficult to get funding for. We
can and do get GiftAid where applicable on donations, which gives an added bonus of 250/0 (usually about £3,000).
Both legacles and donations holp to •nabl• spoclal projects and the furthor d•v•lopm•nt of
activities to meet our strateglc objectlves.
Grants: DEFRA continues to provide funds to support the reporting required of organic certif1￿110Tr bodies. this
was approximately £27,500, this is no longer a tax-exempt grant but a service agreement where BDA Certification is
paid for services and data provided to Defra. Hermes Trust provided a grant to support the project coordinator roll
for coordinaling the 100 years celebralions and an anonymous supporter has provided £60,000 to help support 8D
Farmer Training. This support is being prepared so that more farmers can take on the sludents and fill places where
a BD farmer is needed with mentoring in their first years.
Investments: Income from a legacy from Grange Kircaldy (GKK), invested in 'charitable ethlcal, Investments,
contributes a variable amount of annual interest. Over the last few years il produced inlerest of around £10,000 10
support the charitable work. £1,000 of which is put aside for bursaries to support students and young people to
attend BD tr8inings and events of various sorts.
Thls reservo Investmont fund (GKK) supports our risk policy in that if somelhing extreme should
happen, the funds are available to support the charity through a temporary crisis. The value of this lund at the end
of any financial year can vary hugely - this year il has regained some of what it lost and is substantially above ils
2018 value and is now at £182,000.

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclal overvlew
Continued development of the different activities of the BDA was planned in 2021-22 and since reviewed. This
investment in growth activities was funded by the reserves built from previous legacies and donations as well as a
contribution from the Certification work. The next 5 year strategy is being developed.
The BDA works carefully with its finances, preparing a budget in advance of each year with regular monitoring by
staff and reporting lo the Trustees, il is great to have an active Treasurer. All key financial decisions are made by the
Trustees with support from the Executive Director. this has enabled a continuation of meeting the charitable aims by
carefully spreading the larger legacy and donation income over several years of activity.
Financial risk and general risk are monitored by the Trustees and the Executive Director as part of the regular
Council meetings. Risk policies and assessments are regularly reviewed, and measures taken to meet emergency
or crisis with the value 6 months, turnover kept in reserve.
Structure and governance
The BDA is currently supported by trustees bringing a variety of skills, some of whom have supported the charity for
many years and are an their second term of office.
Trustees wilh special responsibility.. Jenni Rosenbrock is chair and also represents the BDA with BDAC. lan Bailey
is vice-chair and Jeremy Stephens is Treasurer.
structur•y gov•rnan¢• and manag•mont
Autonomous assoclated actlvltles
The Association operates at the heart of the Biodynamic Movement with structural connections to organisations with
a shared common purpose. Though associaled, the following are fully autonomous organisations with no financial
dependency between them and the BDA.
Blodynamlc Agrlcultural College (BDAC):
The Biodynamic Agricullufal College {BDAC} became an independent charity in 2010. BDAC runs the Biodynamic
Work-ba5ed Diploma training which is similar to an apprenliceship, and the online Introduclion to Biodynamics and
is developing other training courses such as the Viticulture Course, and supporting biodynamic training across the
English speaking world.
Blodynamlc Land Trust Ltd:
The Biodynamic Land Trust (BDLT) started with a generous donation in 2011 to hold land for biodynamics. It is a
Community Benefil Society and exempt Charity. The purpose of the Trust is to retain & secure land for Biodynamic
farming, gardening and food growing with community connections where possible. The BDA Is a Custodian Trustee
and holds an asset lock.
Sectlon for Agrlculture and the Experlmental Clrcle In UK:
The BDA, including the Certification team. works closely with the UK part of the international biodynamic research
group called the Experimental Circle, whose task it is to continue to research and develop the application of
biodynamics. 11 works with the international coordination, promotion and research hub that is the Section for
Agriculture, based at the Goetheanum in Dornach, Switzerland, the annual agriculture conference and other
workshops, These activities are connected to the internalional Biodynamic Federation Demeter International of
which the BDA is a member, supports and participates in certification workshops etc. There is also a regular
meeting of the UK Agriculture section for those seeking to share and deepen their work wilh biodynamics.

BIODYNAMIC AGRICULTURAL ASSOCIATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Governlng document
The Biodynamlc Agricultural Associatlon (BDAA), tradlng as the Biodynamlc Association {BDA). is a Charity
Incorporated Organisalion (CIO) updated as a CIO In May 2014 governed by a Constitution first adopted 71h
February 1975. Registered as a UK charity with the Charity Commisslon No. 1158301 and company registration no
CE001656.
Appolntment ol trustees
Trustees are appointed by the members of th8 Assodatlon at th8 Annual General Me81ing. The Trustees meet
regularly, 5-6 tlmes a year to oversee the affalrs of the charity, wlth exe¢utiV8 Staff attendlng to r8POrt progress and
Inform decision-rnaklng.
structuro
The Council of Trustees defines the stral8gic direction and carrles the legal re5porisibilities of the whole Charity. Th8
Certlfication activity Is held as a dlstinct separate cost. The Truslees are kept fully informed of all developments.
Governanco
The Associatlon uses tha NCVO 'Code of Good Governanc8' to Inform Its governance procedures. Partlcular
attentlon is paid to correct procedure concerning conflicts of interest vlz a viz transactions with Trustees and voting
rlghts in Council meetlngs. Guidance Is sought through the Charity Commlsslon and18gal advlsors wher8 relevant.
Trustees may clalm expenses If approprlate these are reported In th8 accounts under costs of Govemanc8 and
8r8 minirnal.
Rlsk As&••sment
The Irust88s risk assess the actlvltl88 and responsSbllitl8s of the BDA and Councll and seek to be awar8 and
mlnlmise risk when f8aslble.
Statement of trust•es' re•ponslbllltl•s
The trustees are re5ponslble for pr8parlng the Trusle8s' Report and the financial statements In accordance with
applicable law and United Klngdom Accountlng Standards (Unlted Kingdom Generdlly Acc8Pted Accounting
Practlce).
The law appllcabl6 to charities In England and Wales requires the trustees to prepare flnanclal statements for each
flnanclal year which give a true and fair vi8w of the state of affairs of Ihe charity and of the incoming resourc8s and
appllcation of resources of the charity for that year.
Tha trustees ar8 responslble for k88ping sufficlent accounting records that disclos8 With r88sonable accuracy at any
lim8 the financial position of the charity and enable them to ensure thal th8 financial statements Gomply with the
Charltles Act 2011, the Charily (Accounts and Reports) Regulatlons 2008 and the provisions of the trust d88d. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonabl& steps for the
prevention and detection of fraud and other irregularities.
e trustees, report was approv8d by the B08rd of Trustees.
Mr I S B8lley
Trustoe

BIODYNAMIC AGRICULTURAL ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BIODYNAMIC AGRICULTURAL ASSOCIATION
I report to the trustees on my examination of the financial statements of Biodynamic Agricultural Association {the
charity) for the year ended 31 December 2024.
Responsibilitles and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011.
I report in respecl of my examination of the charity's financial slatemenls carried out under section 145 of the
Charities Act 2011. In carrying out my examination I have followed Ihe Direclions given by the Charity Commission
under section 14515)(b) of the Charities Act 2011.
Independent examlner's statement
Since the charity's gross income exceeded £250,000. the independent examiner must be a member of a body listed
in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a
member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies,
Your allention is drawn to the fact that the charity has prepared the financial statements in accordance with the
relevant version of the Statement of Recommended Practice applicable lo charities preparing their financial
statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 in preference lo the Accounting and Reporting by Charitlas: Statement of Recommended Practice issued on 1
April 2005 which is referred to in the extant regulations but has now been wilhdrawn. l understand that this has
been done in order for the financial statements to provide a true and fair view in accordance with UK Generally
A¢c8Pted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attenlion in connection with the
examination giving me cause lo believe that in any material respect.
accounting records were not kept in Tespect of the charity as required by section 130 of the Charities Act 2011.
the financial statements do not accord with those records., or
the financial statements do not comply with the applicable requirements concerning the form and content of
financial stalernents set oul in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the financial statements give 8 true and fair view, which is not a maller considered as part of
an independent examination.
I have no Concerns and have come across no other matlers in connection with the examination to which attention
should be drawn in this report in order lo enable a proper understanding of the financial statements to be reached.
Roger F Downe5 FCA
BK Plus Limited
Association of Chartered Certified Accountants
6 Manor Park Business Centre
Mackenzie Way
Chellenham
Gloucestershire
GL519TX
England
Date..

BIODYNAMIC AGRICULTURAL ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 3d DECEMBER 2024
Unrostrlctod Restrlctod
funds
funds
2024
2024
rotal Unrostrlcted Restrlcled
funds
lunds
2023
Total
2024
2023
2023
Notes
Incomo from:
Donations and legacies
Charitable activities
Investments
133,437
336,821
16,644
4,735
138,172
336.821
16,644
56,979
311,644
9,653
188,000
244,979
311,644
9,653
Total Income
486,902
4.735
491.637
378,276
188,000
566,276
Expondlture on:
Raising funds
Charltable activities
120
533,412
120
563,799
1,792
329,760
1,792
344,402
30,387
14,642
Total exp•ndltur•
533,532
30,387
563.919
331,552
14,642
346,194
Net gainsl(losses) on
investments
4.636
4,636
(5,971)
(5,971)
Not Incomo1(oxpendlture)
{41,994)
(25,652) (67,646)
40,753
173,358
214,111
Transfers between
funds
(41,323)
41,323
14,360
{14,360}
N•t movament in
funds
(83,317)
15,671
(67.646)
55,113
158,998
214,111
R•conclllatlon of funds:
Fund balances at 1 January
2024
221.502
390,503
612,005
166,389
231,505
397,894
Fund balances at 31
December 2024
138,185
406,174
544,359
221,502
390,503
612,005

BIODYNAMIC AGRICULTURAL ASSOCIATION
STATEMENT OF FINANCIAL POSITION
AS A T 31 DECEMBER 2024
2024
2023
Notes
Flxed assets
Inveslments
11
258,495
253,859
Current assets
Stocks
Debtors
Cash at bank and in hand
12
12,887
55.450
234,146
10,530
55,721
371,149
303,083
437,400
Credltors: amountg falllng du•
wlthln on• year
14
(17,219)
(79,254)
Net curr•nt ass•tg
285,864
358,146
Total assets less curr•nt Il•bllltleB
544,359
612,005
The funds of the charlty
Restricted income funds
Unrestricted funds
15
16
406.174
138,185
390,503
221,502
544,359
612,005
The flnancl81 stat8mentS Were approved by the trustees on
Mr I S Bailey
Trustee

BIODYNAMIC AGRICULTURAL ASSOCIATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Cash flows from oporatlny activiti•s
Cash (absorbed by)Igenerated from
operations
(153,047)
242,684
Investlng activltles
Investment income received
16,644
9,653
Net cash g•nerated from Investlng
actlvltles
16,644
9,653
Net cash generated from flnanclng
actlvltles
Net (docrea$e)Ilncreas• In cash and cash
•qulvalentS
(136,403)
252,337
Cash and cash equivalents at beginning of year
371,149
118,812
Ca8h and cash Oqulvalents at and of year
234.746
371,149
10-

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EIVDED 31 DECEMBER 2024
Accounting policios
Charlty Informatlon
The Charity is an Charitable Incorporated Organisation 'CIO' registered in England, CE001656. The registered
office is Open House, Painswick Inn. Gloucester Street, Stroud, GL5 1 QG.
1.1 Aecountlng convention
The financial slatements have been prepared in accordance with the charity's goveming document, the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicab18 in the UK and Republic of Ireland"
and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)" The charily is a Public Benefit Entity as defined by
FRS 102,
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for Charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financlal statements are prepared in sterting, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepar8d under the historlcal cost convention. The principal accounting
policies adopted are set out below.
1.2 Charltabl• lunds
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted 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.
1.3 Income
All Income is recognised in the Slatemenl of Financial Activities once the charity has enlillement to the funds,
il is probable that the incom& will be received and the amount can be measured reliably.
1.4 Exp•ndlturo
Liabilities are recognised as expenditure as soon as Ihere is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals b85is and
has been classified under headings that aggregate all cost related lo the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activilies on a basis consislent with the
use of r8sourc@s.
1.5 Social Invostment5
Social investments are made exclusively to further the charity's aims by funding specific activities. Equity
instruments are measured at their fair value al the reporting dale if this can be measured reliably, or at cost
less impairment. Concessionary loans are either initially measured at the amount received and paid and Ihen
adjusted in subsequent years to reflect repayrnents, interesl and any impairment, or they are initially
measured at the fair value and subsequently at their amortised cost using the effective interest method.
Social investments that are measured at cost or amortised cost are assessed for objective evidence of
impairment at the end of each reporting period. Any impairment losses are recognised immediately as a cost
within 'expenditure on charitable aclivilies. in the statement of financial activlties.
11

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcles
(Contlnued)
1.6 Stocks
Slocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.
1.7 Forelgn exchange
Asséts and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate
of exchange ruling al the dale of transaction. Exchange differences are taken into accounl in arriving at the
operating result.
Incomo from donatlons and legaci•s
unro8trlct￿ RoStrlct•d
fundB
lunds
2024
Total Vnrestrl¢tod Restrlcted
funds
funds
2023
2023
Total
2024
2024
2023
Donations 8nd legacies
Subscriptlons &
membership
Defra payments
Fundraising income
74,816
4,735
79,551
13,336
188,000
201,336
29,078
27,491
2.052
29,078
27,491
2,052
20.938
20,662
2,043
20,938
20,662
2,043
133.437
4,735
138,172
56,979
188,000
244,979
Incomo liom eharltabl• actlvltl•s
Unrestrlct•d
fund8
Unro8trlct•d
funds
2023
2024
E(tucalional income - Training
Books & Preparations
BFDI Recharge
Certification activities
Advertising income
Farm Services
Gardening Club
6,606
32,765
55,083
238,604
3,763
7,313
22,723
40,862
236,770
2,726
1,008
242
336,821
311,644
12-

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from Investments
Unrostrlcted Unr•strlcted
funds
lunds
2024
2023
Income from listed investments
Deposit account interest
11,155
5,489
8,986
667
16,644
9,653
Expenditur• on ralsing funds
Unr•strlct•d Unrostrlcted
fwd8
funds
2024
2023
Bad debts
120
1,792
xpandltur• on charltabl• actlvltlos
Total
2024
Total
2023
Dlrect costs
staff costs
Participation & subscriptions
Books & Preparations
Star & Furrow, newslelt&r
Gardening Club
Farm Services
Outreach
Genius Loci
Education, training & Bursaries
100 Year Celebration
68,972
1,673
19,213
14,513
2,221
2,884
27,493
40,617
1,200
16,508
12,790
4,215
1,355
16,315
30
1,302
2,761
30,387
170,117
94,332
Share of support and governanco costs (see note 7)
Support
393,682
250,070
563,799
344,402
Analysis by fund
Unrestricted funds
Reslricled funds
533,412
30,387
329,760
14.642
563,799
344,402
13-

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support costs allocated to actlvltles
2024
2023
Managemenl
Certif1cation Activity
Governance costs
12,804
359,100
21,778
49,244
228,711
12,732
393,682
290,687
Trustees
None of the trustees {or any persons connected with them) received any remuneration or benefits from the
charily during the year.
Trustees. expenses
All expenses are paid In accordance with Charity Commission guidelines and all transactions with trustees are
at market value. During the period to 31 December 2024, four (2023-. three) trustees claimed expenses or had
their expenses met by the charity. In total £1,526 <2023: £1,851) of expenses were reimbursed to trustees
during the year.
Employe•s
The average monthly number of employees during the year was:
2024
Number
2023
Number
Certification Office
Admlnlstration
Total
10
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14-

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
q 1 Flxed asset Investments
Llsted
Investm•nt$
Programma
r•latod
Inv•stments
oqulty
Total
Mark•t value
At 1 January 2024
Revaluations
177,859
4,638
76,000
253,859
4,636
At 31 December 2024
182,495
76,000
258,495
Carrylng amount
At 31 Decernber 2024
182,495
76,000
258,495
At 31 December 2023
177,859
76,000
253,859
2024
2023
Listed investments at fair value comprise..
Valuation in 2019
Valuation in 2020
Valuation in 2021
Valuation In 2022
Valuation in 2023
Valuation in 2023
Valuation In 2024
Cost
2,329
(42,579>
34,326
13.299
(11,9661
{5,971)
4.636
188.421
2,329
142,579)
34,328
13,299
{11,966)
(5,971)
188,421
182,495
177,859
The balance of listed inveslments above represents £133,103 from the Grange Kirkcaldy fund and £44,756 of
general funds. Interest received on these investments is treated as general unrestricted income.
Soclal Invostments
Shares in Biodynamic & Organic Plant Breeding & Seeds Limited (Seed Co-operative)
Shares in Tablehursl & Plaw Hatch Community Farm Limited
The Seed Co•Operalive has gone into administration. placing at risk the Associalion's investment of £75,000.
As the trustees are uncertain as to how much, if any, of the investment will be recovered, no impaimient of the
investment valuation has been included in these financial statements.
12 Stocks
2024
2023
Books & preparations
12,887
10,530
15-

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Debtors
2024
2023
Amounts falllng due wlthin one year:
Trade debtors
Other debtors
Prepayments and accrued income
48,564
42
6,844
54,844
40
837
55,450
55,721
14 Credltors: amounts falllng due within one year
2024
2023
Olher laxation and soc181 security
Trade Creditors
other creditors
Accruals and deferred Income
4,046
11,861
30
1,282
3,747
9,217
65,030
1,260
17,219
79,254
15 R•strlct•d funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject lo specific conditions by donors as to how they may be used.
At1
January
2024
Incomlng Rosourcos
rosources
•xp•nd•d
Transfers
At31
December
2024
Grange Kirkcaldy Fund
Cooperative Funds
Communication of Biodynamics
- RMET
100 Years
Big Donation
133,103
76,000
11,671
(1.000)
144,774
75,000
1,400
1,400
4,735
(30.387)
25,652
5,000
180,000
185,000
390.503
4,735
(30,387)
41,323
406,174

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 Restricted funds
(Contlnued)
Prevlous year:
At 1 Aprll
Incoming Resources
2023 resourc•s
expended
Transfors
At31
December
2023
Grange Kirkcaldy Fund
Cooperative funds
Genius Loci
Communication of Biodynamics
- RMET
Newsletter Printing
100 Years
Big Donation
146,526
77.000
4,479
(13,423)
(1,000)
133,103
76,000
{4,479)
2.000
1,500
(600)
{1,500)
{3,063)
(5,000)
1,400
3,000
185,000
63
180,000
231,505
188,000
{14,8421
(14,360)
390,503
Grange Kirkcaldy Fund
To support those learning about biodynamics With small amount for courses and events.
Cooperatlv• Funds
Shares held in the Seed Communlty Benefit Society and the Tablehurst and Plaw Hatch Cooper8tlve to
support and underpin the ownership of land and business for biodynamic seeds.
Genlus Locl Fund
Research into the history, being and activity of Biodynamics In the UK.
Communlcatlon of Biodynamics Fund - RMET
To engage, mainly young, people with the communication of biodynamics via text and video clips.
Big Donatlon
The BDA part of a donation from an anonymous long term supporter of biodynamics who gave £250,000 In
October 2023 with a designation of £65,000 for the Biodynamic Land Trust and the remaining £185,000 for
supporting and developing the staffing, general development and celebration of the 100 years of Biodynamics
in the UK. The Trustees have d6signaled its use lo be spread over 3 years to support the activities designated
by the donor.
Newsletter prlnting
To assist with prinling and distribution of the paper version of the newsletler.
The policy for deployment of these funds is Ihat the Trustees agree to the funds being used as per their
designation or restriction and any further details as needed and how much can be used in each finanaal year
via the budget preparation work in the trustee meetings. Once this is decided Ihe Execulive Director agrees
particular spends if needed and monitors the use as per budget agreed.
17-

BIODYNAMIC AGRICULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Unrestrlcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
Atl
January
2024
Incomlng Resources
resources
expended
Transfers Galns and
At31
losses Decèmber
2024
Trainee support
fLtnd
General funds
60,000
426.902
60,000
78.185
221,502
(533,532)
(41.323)
4,636
221,502
486,902
(533,532)
141,323)
4.636
138,185
Prevlous
y•ar:
At l April
Incoming Resources
2023 resources
•xp•nded
Transf•rs
Galns and
At31
losses December
2023
Gardening Club
General funds
4,305
162,084
242
378,034
(4,547)
(327,005)
14.360
(5,971)
221,502
166,389
378.276
(331,552)
14,360
(5,9711
221,502
Tralnee Support Fund
The Trainee Support Fund is founded by a generous donation from a donor who wishes to help the
Biodynamic sector train and support more biodynamic farmers. This fund will enable more farms to lake on
trainees. fund a mentoring scherne for biodynamic farmers and facilitate and feasibility study into higher levels
of training in biodynamic ecological farming. This fund is open to further donations so that il can support
training of farmers for many years to come.
17 Relatod party transactlons
Biodynamlc Land Trust
Community Beneflt Soclety of which the Assoelatlon Is custodlan trustee
During the year the Association made sales totalling £364 (2023.. £1,245) to Biodynamic Land Trust and paid
invoices to the relaled party tolalling £104 {2023: £nil). These transactions were at an arm's length basis.
Rlchard Thornton-smlth
Trustee
During the year, Mr Thornton-smith carried out inspection work on an arms. length basis, for which he was
paid fees and disbursements lotalling £10,239.
Tom Petherick
Trustee
During the year, Mr Petherick carried out inspection work and provided technical advice to the charity's
licensees on an amis, length basis, forwhich he was paid fees and disbursements tolalling £24,948.
18-

IiodiinLimicJ"
li