2021-09-30-accounts - British Beekeepers' Association

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		Page
Report ofthe Trustees	40	to	45
Report ofthe Independent Auditors	46	to	48
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement		51
Notes to the Cash Flow Statement
Notes to the Fmancial Statements	53	to	65
Detailed Statement ofFinancial Activities	66	to	67

					2021	2020
			Unrestrioted	Restricted	Total	Total
			funds	funds	funds	funds
						as restated
		Notes
INCOME AND ENDOWIVKNTS FROM
Donations and legacies			90,390		90,390	1S1,039
Charitable activities
Membership and subscriptions Other charitable activities			560)697 218,048		560,697 218,048	530,706 137,992
Other trading activities Investment income			1,135 574		1,135 574	2,499 1556
Total			870,844		870,844	823,792
EXPENDITURE ON
Raising funds			12,484		12,484	21,628
Charitable activities
Other charitable activities			787)660		787,660	752,862
Total			800,144		800,144	774,490
Net gains on investments			8317		8317	1l,996
NKT INCOME			79,017		79,017	61,298
RECONCILIATION	OF FUNDS
Total funds brought forvrard			1/27)224	8)664	1,235,SS8	1,l74,590
TOTAL FUNDS CARRIED FORWARD			1306241	8 664	1@14905	1,235,888

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
					as restated
	Notes	f-
FIXEDASSETS
Tangible assets Investments	13 14	418,450 ~350 14		418,450 350,314	261,386 341997
		768,764		768,764	603,383
CURRENT ASSK1TS
Stocks	15	17,969		17,969	18,902
Debtors	16	72,520		721520	46,366
Cash at beni& and in hand		544492	8664	553 156	635,177
		634/81	8,664	643,645	700,445
CREDITORS
Amounts falling due within one year	17	(97,504)		(97,504)	(67,940)
NKT CURRENT ASSETS		537,477	8,664	546141	632,505
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,306,241	8,664	1,314,905	1,235,888
NET ASSETS		1306,241	8664	2414,905	1,235 888
DS	19
Unrestricted funds				1,306,241	1,227,224
Restricted funds				0,664	8 664
TOTAL FUNDS				1,314,905	1 235 888

				CASH FLOW STATEMENT
			for	the year ended 30September	2021
					2021	2020
						as restated
				Notes
Cash flows fiom operating activities Cash generated fiom operations				1	119,341	118,552
Net cash provided by operating activities					119341	118552
Cash flows from investing	activities
Purchase oftangibk fixed assets Interest received					(2017936) 574	(66,228) 1,556
Net cash used in investing	activities	'			i220~ 362)	~64 672)
Change in cash and cash the reporting period	equivalents		in		(82,021)	53,880
Cash and cash equivalents beginning ofthe reporting	at the period				635,177	561297
Cash and cash equivalents the reportiug period	at the	end	of		553156	635 177

	ACTIVITIES
				2021	2020
					as restated
	Net income for the Activities)	reporting	period (as per the Statement ofFinancial	79,017	61,298
	Adjustments for', Depreciation charges Gain on investments			44,596 (8,317)	21,013 (11,996)
'	Loss on disposal offixed assets Intei'est received			276 (574)	(1,556)
	Decrease/(increase) (increase)/decrease	in stocks in debtors		933 (26,154)	(7,832) 24,096
	Increase in creditors			29 564	33,529
	Net cash provided	by operations		119341	115,552
	ANALYSIS OFCHAN GESIN NET FUNDS
			At 1.10,20	Cash flow	At 30.9.21
	Net cash
	Cash at bank and in	liand	635,177	82,021	553 156
			635,177	82 021	553156
			635177	82,021	553,156

			2021	2020
				as restated
Gilt aid			2,600
Grants			5,812	15,414
Apiary &Education Research fund	Centre fund		50,555 12,631	51,400 3,898
Education &Husbandry		fund		17,055
General donations			18,792	63/72
			90 390	151039

						2021	2020
							as restated
	Coronavirus job retention		scheme			~5812	~I5 414
3.	OTHER TRADING ACTIVITIES
						2021	2020
							as restated
	Shop income					1,135	~2499
4.	INVESTMENT INCOME
						2021	2020
							as restated
							fi
	Interest reoeivable					574	~1556
5.	INCOME FROM CHARITABLE ACTIVITIES
						2021	2020
							as restated
				Membership	Other
				and	charitable	Total	Total
				subscriptions	activities	activities	activities
						K
	Capitation fees from member Associations			522,465		522,465	497,651
	Individual membership	subsoriptions		30,143		30,143	30,231
	Specialist Members			1,080		1,080
	Gift Aid tax recovery			7,009		7,009	3,433
	Corporate &sponsorship						900
	Spring Convention Examinations Board				20,607 44,854	20,607 44,854	5,304 10,098
	BBKANews Advertising		and other
	publications				109,921	109,921	115,364
	Other				732	732	5,717
	Education and Husbandry				41934	41,934
				568 697	218,848	778745	668698
	%amber ofkfembers					28,486	30,043

6.	RAISING IrUNDS	RAISING IrUNDS	RAISING IrUNDS
	Other trading activities					2021	2020
							as restated
	Opening stock Purchases					18,902 11,551	11,070 29,460
	Closing stock					~17969	LI8,902)
						12484	~21 628
7.	CHAMTABLE		ACT1VITIES COSTS
						Support
					Direct	costs (see
					Costs	note 8)	Totals
	Other charitable		activities		467 329	320,331	787 660
8.	SUPPORT	COSTS
						Governance
					Other	costs	Totals
	Other charitable		activities		290,475	21856	320331
	Support costs, included			in the above, are as follovvs;
	Other
						2021	2020
							as restated
						Other
						charitable	Total
						activities	activities
	StafFcosts					174,076	175,446
	Social security Pensions					12,150 3,096	12,129 3,219
	Rent, facilities & other costs					479041	43,182
	Postage and Professional	stationery fees				10,179 79337	5,182 7,238
	Depreciation	oftangible		fixed assets		44,596	21013
						298475	267,409

				2021	2020
					as restated
				Other
				charitable	Total
				activities	activities
Auditors'	remuneration			4,750	4,750
Insurance				6,338	6,502
Executive	k	committee	activities	8,819	26,924
Standing orders and governance Accountancy fees ProfitlLoss on sale oftangible fa				723 950 276	11,567 1,370
				~21 856	~51 113

Reimbursement ofexpen as follows;	ses to Tru	stees and ofIicers ofthe chari	ty, paid or	accrued during	the fmancial year, was
			2021		2020
Executive Conunittee-	Trustees
John IIendrie			1,250		988
Margaret Murdin					1/09
Gareth Morgan Margaret Wilson Stephen 3 ames				289	658 1,713 2,005
Diane Drinkmater					970
Susanne Bennett					174
Pam Hunter					2,142
Anne Rowberry			1,799		2,351
John Canning					1,147
Richard Bond					637
Robert Hogge					862
Attendees (not Trustees)
Leigh Sidaway Sharon Blake		General Manager BBKANews Editor		121	1,174 8,485
Val Francis		Exam Board Secretary	3,486		6902
			6	945	31,417

	Exam Board expenses
				2021			2020
	John Hendrie			1 505			1900
				1505			1900
10.	STAFF COSTS
					2021		2020
							as restated
					f.
	Wages and salaldes Social security costs Other pension costs				174,076 12&150 3096		175,446 12,129 3,219
					189 22		190,794
	The average monthly	nmnber ofemployees		during the year was as follows:
					2021		2020
							as restated
	Head Oflice staff						7
	No employees received emoluments		in excess of660,000.
11.	CONPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES			(2020)
				Unrestricted	Restt	icted	Total
				funds	funds		fulids
							as restated
	INCOME AND ENDO~NTS		FROM
	Donations and legacies			1,51,039			151,039
	Charitable activities
	IVlembership and subscriptions Other chal'itable activities			530,706 137,094		898	530,706 137,992
	Other trading activities			2,499			2,499
	investment income			1,556			1556
	Total			822,894		898	823,792
	EXPENDITURE ON
	Raismg funds			21,628			21,628
	Charitable activities
	Other charitable activities			752,136		726	752,862
							continued. ..
							58 ~Page

NOTES TOTHE FINANCIAL STATEMENTS -continued for the year ended 30September 2021	NOTES TOTHE FINANCIAL STATEMENTS -continued for the year ended 30September 2021	NOTES TOTHE FINANCIAL STATEMENTS -continued for the year ended 30September 2021
COMPARATIVKS FOR THK STATEMENT OF1 FINANCIAL ACTIVITIES			(2020)- continued
		Unrestricted	Restricted	Total
		funds	funds	funds
				as restated
Total		773,764	726	774,490
Net gains on investments		11996		11996
NE&TINCOME		61,126	172	61,298
Transfers between funds			1978
Net movement ln funds		59,148	2,150	61,298
RECONCILIATION	OF FUNDS
Total funds brought	forward
As pieviously reposed Prior year adjustment		932,008 236,068	6,514	938,522 236068
As restated		1,168,076	6,514	1,174,590
TOTAL FUNDS CARRIED FORWARD		1 227 224	8 664	1233 8811

TANGIBLE PT8IKD ASSETS
			Short
		Leasehold	term
		property	improvements	Trophies
COST At 1October 2020		172,127	142,537	19
Additions			179,190
Disposals
At 30September 2021		172127	321727
DEPRECIATION
At 1October 2020		33,012	30,108
Charge for year		1,781	32,142
Eliminated on disposal
At 30September 2021		34793	62250
NKT BOOIC VALUE At 30September 2021		137334	259 477	19
At 30September 2020		139115	112429	19
	Show	Fuieiture	Computer
	equipment	&fittings	equipment	Totals
COST
At 1 October 2020 Additions Disposals	8,841 1,400 ~3,964	21,023 ~26,243)	19,481 21/46 ~1,104)	364902S 201,936 ~21,281
At 30September 2021	6277	4 810	39,723	544683
DEPRECIATION
At 1 October 2020 Charge for year Hliminated on disposal	8,841 467 ~3,964)	21,023 ~16213)	93658 10,206 ~S28)	102,642 44,596 ~Xl 00
At 30September 2021	5,344	4810	19036	126233
NET BOOICVALUE At 30September 2021	933		20 687	418,450
At 30September 2020			9,823	261,386

14.	FIXK1DASS	ETI	NVEST	MENTS
						Listed	Unlisted
						investments	invest tnents	Totals
	MARKK&TVALUE
	At 1 October Revaluations	2020				341,967 8317	30	341,997 ~S17
	At 30 Septetnber 2021					350284		350,314
	NKT BOOK	VALUE
	At 30 September 2021					350284	30	350,314
	At 30September 2020					341967	30	341 997
	There were no investment			assets outside the UK.
	Cost or valuation		at 30September 2021 is represented		by;
						Listed	Unlisted
						investments	investments	Totals
						f.	f.
	Valuation in 2021					350,284		350/84
	Cost						30	30
						350204	30	350314
15.	STOCKS
							2021	2020
								as restated
							17,969	18@02
16.	DEBTORS:	AMOUNTS		FALLING DUE WITHIN	ONE	YEAR
							2021	2020
								as restated
	Trade debtors						30,485	17,789
	VAT						1,130
	Prepayments	and	accrued	mcome			~40 905	~28 577
							72,520	) 46 366

CRKB1TORS	:AMOUNTS I4'ALLING DUK WITMN	ONK YEAR
		2021	2020
			as restated
			f.
Trade creditors		40,430	13,694
Social security VAT	and other taxes	4,156	3,922 3,504
Other creditors		604	597
Deferred income in advance		41,338	33277
Accrued expenses		~10976	~12946
		97,504	67,940

Balance	as at 1 October 2020	33 277
Amounts	released to income during the yeat	(33,277)
Amounts	defen ed during the year	41,338
Balance	as at 30September 2021	4 338

	2021	2020
		as restated
Within one year Between one and tive years In more than 6ve years	2,660 5,999 64 997	2,660 7,024 86,632
	93,656	96 316

MOVEMEM	' IN 1
			Net	Transfers
		At	movement	between	At
		1,10,20	in funds	9.mds	30.9.21
Unrestricted	funds
General fund		799,150	76,181	(4,500)	870,831
Stoneleigh dilapidations		109„750		5,500	115,250
Research		8,736	(17,436)		(8,700)
Education and Husbandry JHopkins legacy fund Apiary & Education Centre		11,970 226,379 71239	13,088 (40,560) 47 744	(5,470) 4 470	259058 180,349 123453
		1P,279224	79,017		19306/41
Restricted funds
Posh Bee		29150			2,150
IMYB Fund		6 514			6514
		8,664			8,664
TOTAL FUNDS		1235 888	79,017		1314,905
Net movement	in funds, included	ln the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
				E
Unrestricted	funds
General fund		765,723	(697459)	89317	76,181
Research		12,631	(30,067)		(17,436)
Education and	Husbandry	41,935	(28,847)		13,088
JHopkins legacy fund Apiary &Education Centre		50555	(40,560) ~2,021		(40,560) 47,744
		870 844	~800,144	8 317	79 017
TOTALFUN	DS	0'70 844	~800 144	8317	79017

			Prior	Net	Transfers
		At	year	movement	between	At
		1,10.19	adjustment	in funds	funds	30.9.20
Unrestricted funds
General fund		534,296	236,068	34,442	(5,656)	799,150
Stoneleigh Research	dilap idations	104,250 17,403		(8,667)	5,500	109,750 8,736
Education JHopkins Apiary 2	and Husbandry legacy fund Education Centre	35,020 241,039		(16,049) 51.,400	(23,050) 1,389 19839	11,970 226,379 71,239
		932,008	236,068	61,126	(1,978)	1,227,224
Restricted	funds
IMYB Fund		6,514				6,514
Posh bee				172	I 978	2,150
		6514		172	1,978	II 664
TOTAL FUNDS		938 522	236,068	61298		1,235 888

Comparative	net mo	cluded in the above are a	s follows:
		Inconung	Resources	Gains	and	Movement
		resources	expended	losses		in funds
				k
Unrestricted	funds
General fund		767,596	(745,150)	11,996		34,442
Research		3,898	(12,565)			(8,667)
JHopkins legacy fund Apiary k Education Centre		51,400	(16,049)			(16,049) 51400
		822,894	(773,764)	11,996		61,126
Restricted funds
Posh bee			(726)			172
TOTAI FUNDS		823,792	~774490)	~ll	96	61,298

			THE BRITISH BEKKEKPKRS) ASSOCIATION	THE BRITISH BEKKEKPKRS) ASSOCIATION
			DETAILED STATEMKNT OF 144NANCIAL ACTIVITIES
				for the year ended 30September 2021
					2021	2020
						as restated
INCOME AND ENDOWMENTS
Donations and legacies
Gdt aid					2)600
Grants					5,812	15,414
Apiary k Education Research fund	Centre fund				50,555 12,631	51,400 3,898
Education fund						17,055
General donations					18,792	63272
					90,390	151,039
Other trading activities Shop income					1,135	2,499
Investment income
interest receivable						1,556
Charitable activities
Capitation fees from	Member Associations				522,465	497,651
Speciahst Member Individual membership Gift Aid tax recovery Corporate k sponsorship Spring Convention Examinations Board		subscriptions			1)080 30,143 7,009 20,607 44/54	30,231 3,433 900 5,304 10,098
BBI4.A.News Adveihsing Other			and other	publications	109/2'l 732	115,364 5,717
Education and Husbandky					41@34
					778745	668 698
Total incoming resources					870,844	823,792
EXPENDITURE
Other trading activiitles Opening stock Purchases					1$„4102 11,551	11,070 29,460
Closing stock					+1~769	~18,902)
					12,484	21,628
Charitable activities
Spring Convention Shows					24/00 1,862	14,605 6,137
BBKANews					253,249	267,171
Examination Board					42,S22	30,87l
Members' insurance					9,512	9,383
Carried forward					331,645	328,167

		for the year ended 30Septe	mber 2021
			2021	2020
				as restated
Charitable activities
Brought forward Publicity, promotion &members Winter and honey surveys Apiary and Education Insurance - building/office		registration	331,645 51,677 806 21,563 7,539	328,167 47,193 489 13,176 6,774
Adopt abeehive Fundraising costs Education and Husbandry Research projects			5,088 18,944 30 067	(2,989) 23,323 5,040 13,167
			467,329	434,340
Support costs
Other
Staffcosts			1749076	175,446
Social security Pensions			12,150 3,096	12,129 3,219
Rent, facihties k other Postage and stationery Professional fees	costs		47,041 10,179 7437	43,182 5,182 7,238
Depreciation oftangible	fixed assets		~44 96	21 013
			298,475	267,409
Governance costs
Auditors' remuneration			4,750	4,750
Insurance			6,338	6,502
Executive &committee	activities		8,819	26,924
Standing orders and governance Accountancy fees Profit/Loss on sale oftangible		fa	723 950 276	11,567 1,370
			21,856	51,113
Total resources expanded			800 144	774490
Net income before gains	and losses		70,700	49,302
Realised recognised gains and losses Gains/(lasses) on fixed asset investments			8/17	11,996
Net income			79017	61,290