Basic Income Earth Network (BIEN) 286 Ivydale Road London    SE15 3DF Tel:  +44 (0) 20 7635 7916 Email: bien@basicincome.org Website: www.basicincome.org 


## ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 

The Basic Income Earth Network (BIEN) was constituted as a Charitable Incorporated Organisation on the 11[th] June 2017 and registered as a charity, number 1177066, on the 8[th] February 2018. Its constitution was amended on the 21[st] December 2020. 

Trustees during the year were as follows: Anja Askeland (from 28/8/23); Diana Bashur; Sarath Davala; Jurgen De Wispelaere (from 28/8/23); John Simon Duffy; Jacob Eliot; James Grant; Michael Hinford (21/9/23); Neil Howard; Reinhard Huss; Peter Knight; Hilde Latour; Julio Linares; Anne Glenda Miller; Kai Carrigan Nau (from 21/9/23); Olaf Ostertag (from 28/8/23); Tyler Prochazka; Lindsay Stirton (from 21/12/23); Malcolm Torry; Mike Valentine (until 22/6/23); Mark Wadsworth (until 22/3/2023); Toru Yamamori (until 28/8/23). 

Sarath Davala was the Chair. The Deputy Chair was Hilde Latour. The Treasurer was Malcolm Torry. The Secretary was Diana Bashur. 

Trustees met twelve times during the year. 

A hybrid annual congress was held: face to face in the Republic of Korea, and online. The 2023 Annual General Meeting took place online at the end of the congress. The 2024 congress will take place in the UK, at the University of Bath. 

During the year, BIEN maintained a website, published news updates, maintained contact with its members and with affiliated organisations, and responded to requests for information. In following up to the memorandum of understanding agreed with the United Nations Development Programme in 2021, BIEN has expanded its engagement with the United Nations in 2023, including with the Executive Office of the United Nations’ Secretary General. 

BIEN has now established regional hubs in Africa and Latin America, and is working towards a regional hub in Asia. Grants from the Mustardseed Trust and from the Lankelly Chase Foundation have enabled BIEN to employ a staff member to co-ordinate the hubs project and to contract with organisations in Africa and Latin America to provide regional hub management. The project is supervised by trustee Neil Howard. BIEN is grateful to the Mustardseed Trust and the Lankelly Chase Foundation for their funding of this project. 

BIEN is also grateful to The Institute for grant funding a new project: a Basic Income knowledge repository. The grant will be used initially to fund research at the University of Bath. The project is supervised by trustee Jurgen De Wispelaere. 

BIEN’s finances are stable. The Mustardseed, Lankelly Chase and The Institute grants will fund the regional hubs and knowledge repository projects, and membership fees and donations will enable BIEN to meet its other obligations for the next few years. 

BIEN is very grateful to those individuals and organisations who continue to give time, effort and financial support to its work. 

Public benefit statement: During 2023 the activities above were in accordance with the objects of the charity: ‘To educate the general public about Basic Income, that is, a periodic cash payment delivered to all on an individual basis, without means test or work requirement; to serve as a link between the individuals and groups committed to, or interested in, Basic Income; to stimulate and disseminate research about Basic Income; and to foster informed public discussion on Basic Income throughout the world.’ All of the Trust’s publications published during 2023 are freely available on the website. 



Sarath Davala, Chair 

Malcolm Torry, Treasurer 

Date:  22 February 2024 



Independent Examiner's Report to the Trnsttts or
BASIC INCOME EARTH NETWORX
Respon$Abilities and Basis of Report
I report to the twstees on my examination of the accounts of the above charity C'the Charity")
for the year ended 31" Decymber 2023.
As the charity's tmstees. you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 {-the Act-).
I report in respeth of my emmination of the Charity's acLwnts carried out under section 145
of the 2011 Act and in carrying out my examinatioo I have followed all the applicable
Directions given by the Charity Commission under se¢tion 145{5Xb) of the Ad.
Independent EX￿linerS Statement
I have completed my examination. I c4)nfirn] that no matertal matters have come to my
attention in connection with the examIn￿lOn which gives me cause to believe that in. any
material respect
the accounting record$ were not kepi in accordanc£ with section 130 of the ch￿ltieS Act,
the accounts did not accord with the acccrtmting records; or
the accounts did not comply with the applicable requirements concernin8 the forn] and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts wve a 'thJe and fair, view which is not a
matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the
exarnination to which attention sh1x￿d be drawn in this report in order to enable a proper
understandin8 of the accounts to be reached
zoz
A P Garr£K)d ACA
23 George Road
Guildford
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## **BASIC INCOME EARTH NETWORK (BIEN)** 

## **Charity number 1177066** 

## **Receipts and payments for the period 1[st] January 2023 to 31[st] December 2023** 

||**1/1 to 31/12**|**1/1 to**|**31/12**|**1/1 to 31/12**|
|---|---|---|---|---|
||**2023**||**2023**|**2023**|
||**CAF Bank**|**PayPal**||**Total**|
|**Brought forward, balance 31/12/22**|56956.23||0|56956.23|
|**Income**|||||
|Membership fees and donations|1360.21|1882.25||3242.46|
|Donated royalties|1162.73||0|1162.73|
|Gift Aid|0||0|0|
|Lankelly Chase grant for hubs project|50000.00||0|50000.00|
|Mustardseed Trust grant for hubs project|40460.55||0|40460.55|
|The Institute grant for knowledge repository|38927.45||0|38927.45|
|Interest|1602.60||0|1602.60|
|**Total income**|133513.54|1882.25||135395.79|
|**Expenditure**|||||
|Website and email inboxes|1930.59||0|1930.59|
|Mailchimp (monthly update)|2535.50||0|2535.50|
|Zoom account|143.88||0|143.88|
|PayPal fees/bank charges|281.28||67.76|349.04|
|Trustee expenses|506.15||0|506.15|
|Insurance premium|511.98||0|511.98|
|Events|120||0|120|
|Staff costs|20448.05||0|20448.05|
|Independent contractors|14948.06|3090.00||18038.06|
|Copyright infringement penalties|1374.00||0|1374.00|
|Accounts inspection|25.00||0|25.00|
|**Total expenditure**|42824.49|3157.76||45982.25|
|**Transfers**|||||
|Transfer UK Bank to UK Paypal|-2698.73|2698.73||0|
|**Total transfers**|-2698.73|2698.73||0|
|**Balance at 31st December 2023**|144946.55|1423.22||146369.77|
|**Funds**|||||
|General Fund|14895.93||||
|BIEN hubs project|83546.39||||
|Knowledge repository|38927.45||||
|Permanent Fund|9000.00||||
|Total|146369.77||||
|**Bank accounts**|||||
|Cafcash|4465.43||||
|Caf Gold|140481.12||||
|Total|144946.55||||



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## **Notes** 

## **1. Hubs project: movements 1/1/23 to 31/12/23** 

|**Hubs project balance at 31/12/22**<br>**Grants received**<br>Lankelly Chase<br>Mustardseed<br>Total grants received<br>**Expenditure**<br>Hubs project coordinator salary and costs<br>Hub managers contract fees<br>Total costs<br>**Hubs project balance at 31/12/23**|50000.00<br>40460.55<br>90460.55<br>20448.05<br>18038.06<br>38486.11|31571.95<br>90460.55<br>38486.11<br>83546.39|
|---|---|---|



This table should be read in conjunction with the hubs project projection in the appendix. 

## **2. Knowledge repository project: movements 1/1/23 to 31/12/23** 

|**Knowledge repository project balance at 31/12/22**<br>**Grants received**<br>The Institute<br>Total grants received<br>**Expenditure**<br>Total costs<br>**Knowledge repository project balance at 31/12/23**|0<br>38927.45<br>38927.45<br>38927.45<br>0<br>0<br>38927.45|
|---|---|




Malcolm Torry, Treasurer 22 February 2024 

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## **Appendix to the accounts for 1/1/23 to 31/12/23** 

## **Financial projection for the hubs project to June 2025** 

Please note that the financial year for the hubs project grants runs from July to June, and not from January to December. 

|ecember.||
|---|---|
|**EXPENDITURE**|£|
|**Year 1, July 2022 to June 2023**||
|Regional hubs co-ordinator for three years: year 1, salary £19,200 p.a. + £1,970<br>employer NICs andpension|21,170|
|Africa hub manager for three years: year 1, contract fee £12,000|12,000|
|Operating budgetfor hubmanagerand expensesforco-ordinator|3,000|
|**Total for year 1, July 2022to June 2023**|**36,170**|
|**Year 2, July 2023 to June 2024**||
|Co-ordinatoryear 2,salary,employerNICs andpension|23,287|
|Africa hub manager for threeyears: year 2,contract fee|12,840|
|Latin America hub manager for twoyears: year 1,contract fee|12,000|
|Asia hub manager for twoyears: year 1,contract fee|12,000|
|Operatingbudgets for three hub managers and expenses for co-ordinator|7,000|
|**Total for year 2, July 2023 to June 2024**|**67,127**|
|**Year 3, July 2024to June 2025**||
|Co-ordinatoryear3, salary, employerNICs and pension|24,451|
|Africa hub manager for three years: year 3, contract fee|13,482|
|Latin America hub manager for two years: year 2, contract fee|12,600|
|Asia hub manager for two years: year 2, contract fee|12,600|
|Operating budgets for three hub managers and expenses for co-ordinator|8,000|
|**Total for year 3, July 2024 to June 2025**|**71,133**|
|**Total for project**|**174,430**|
|||
|**INCOME**||
|Lankelly Chase grant received|50,000|
|Mustardseed grant received and expected|121,054|
|**Total income**|**171,054**|
|Deficit to be met from general or permanent funds|3,376|



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