|||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|5| |Report ofthe Independent
Auditors|6|to|8| |Statement ofFinancial Activities|||| |Balance Sheet||10|| |Cash Flow Statement|||| |Notes to the Cash Flow Statement||12|| |Notes to the Financial Statements|13|to|24| |Detailed Statement ofFinancial Activities|25|to|26| ## ## |


the importance ofbees in the environment.||||pg||p|| |---|---|---|---|---|---|---|---| |The aims ofthe BBKAare:|||||||| |to engage with and encourage
potential
beekeepers|||||||| |to facilitate continuous
improvement
in the standard ofbeekeeping
husbandry|||||||| |to ensure relevant
information
is available
through
appropriate
channels
for target|audiences||||||| |In order to achieve our aims, we have:|||||||| |continued
to improve accountability,
cost-effectiveness
and management|||||||| |continued
to provide monthly
issues ofBBKANews to all members|||||||| |continued
to link with the National Bee Unit (NBU) to provide
an effective service through|||our Asian Hornet||||| |Teams to verify and follow up sightings|||||||| |put additional
resource into publicity
about Asian Hornet|||||||| |continued
to provide public liability
insurance
for members|||||||| |fully returned to the Shows circuit with the Shows Committee
attending
two major|events to represent||||the|BBKA|| |in educating
the public|||||||| |removed
the limit on the number ofAsian Hornet team members
for Asian Hornet|teams and further developed||||||the| |interactive
map to indicate the location ofteam members|||||||| |continued
with online examinations
and ensured the continuation ofin person written exams at||||the request||ofthe|| |Associations|||||||| |provided
another very successful
3-day Spring Convention
with over 100educational||activities||and an|excellent||| |trade show|||||||| |provided
training for Microscopy, General Husbandry
and Advanced
Husbandry|||||||| |continued
to develop and extend the membership
database|||||||| |continued
the development
ofan online learning resource which has huge potential|to|support associations||||and|| |individuals
in developing
their beekeeping
skills including
Honey BeeHealth materials|||||||| |continued
to work with Area Associations
virtually
to allow views to be expressed|on:||||||| |~
best practices in supporting
improver
beekeeping|||||||| |~
BBKAlearning
progression
framework
and how it may apply to the teaching ofswarming
and Queen||||||rearing|| |when you only have a few colonies|||||||| |sustainability|||||||| |employed
a School Liaison Officer to further the work ofBeacon schools and Friends||ofthe|honey bee||||| |continued
to provide
an electronic version of"Bees in the Curriculum"
free ofcharge|||||||| |continued
to implement
the Apiary &Education Project with more school groups attending|||the|new facilities,|||| |something
that continues
to be well received by all the school groups that have attended|||||||| |Our General Manager
continues to work hard to create a pleasant
and efficient working|environment|||ensuring||the office|| |functions
effectively. We are grateful
for the continued
support ofthe whole office team.|||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes||||| |INCOME AND ENDOWMENTS FROM|||||| |Donations
and legacies||72,734||72,734|73,139| |Charitable
activities|||||| |Membership
and subscriptions||638,179||638,179|643,032| |Other charitable
activities||268,188||268,188|281,528| |Investment
income|3|16241||16,241|3089| |Total||~995 42||995+42|1,000,788| |EXPENDITURE ON|||||| |Raising funds||14,990||14,990|20,348| |Charitable
activities|||||| |Other charitable
activities||997517|3,855|1001372|886,853| |Total||1012,507|3,855|1,016,362|907 201| |Net gains/(losses)
on investments||~248||~248|~57421)| |NET INCOME/(EXPENDITURE)||(14,817)|(3,855)|(18,672)|36,166| |RECONCILIATION
OF FUNDS|||||| |Total funds brought
forward||1444,557|6,514|1451,071|1,314,905| |TOTAL FUNDS CARRIED FORWARD||~129 740|2,659|~132399|1 351,071| ## |||||2023|2022| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes||||| |FIXEDASSETS|||||| |Tangible assets|11|343/10||343,210|384,803| |Investments|12|495+42||495,242|292,893| |||838,452||838,452|677,696| |CURRENT ASSETS|||||| |Stocks|13|16,066||16,066|16,778| |Debtors|14|71,673||71,673|66,568| |Cash at bank and in hand||473,151|2,659|475,810|640 460| |||560,890|2,659|563,549|731,806| |CREDITORS|||||| |Amounts
falling due within one year|15|(69,602)||(69,602)|(58,431)| |NET CURRENT ASSETS||491/88|2,659|493,947|673375| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||1429,740|2,659|1432,399|1,351,071| |NET ASSETS||~129740|2,659|2332,399|1351071| |FUNDS|17||||| |Unrestricted
funds||||1429,740|1,344,557| |Restricted
funds||||2,659|6 514| |TOTAL FUNDS||||1332399|1351071| ## |||||CASH FLOW STATEMENT||| |---|---|---|---|---|---|---| ||||for|the year ended 30September|2023|| ||||||2023|2022| |||||Notes||| |Cash flows from operating||activities||||| |Cash generated
from operations|||||15,804|105,684| |Net cash provided
by operating
activities|||||15804|105,684| |Cash flows from investing||activities||||| |Purchase oftangible fixed|assets||||(4,694)|(13,469)| |Purchase offixed asset investments||||(200,001)||| |Interest received|||||16$41|3 080| |Net cash used in investing|activities||||i)88,454)|~)0,380)| |Change in cash and cash|equivalents||in|||| |the reporting
period|||||(172,650)|95,304| |Cash and cash equivalents||at the||||| |beginning ofthe reporting||period|||648,460|553,156| |Cash and cash equivalents||at the end|of|||| |the reporting
period|||||475,$10|64$,460| ## ## |OPERATING AC|TIVITIES|||| |---|---|---|---|---| ||||2023|2022| |Net (expenditure)/income
for the reporting||period {asper the||| |Statement ofFinancial Activities)|||(18,672)|36,166| |Adjustments
for:||||| |Depreciation
charges|||43,773|44,438| |(Gain)/losses
on investments|||(2,348)|57,421| |Loss on disposal of|fixed assets||2+14|2,678| |Interest received|||(16,241)|(3,089)| |Decrease in stocks|||712|1,191| |(Increase)/decrease|in debtors||(5,105)|5,952| |Increase/(decrease)|in creditors||11,171|~39 073| |Net cash provided|by operations||15,804|105,684| ## ## |ANALYSIS OF CHANGES IN NET FUND|S||| |---|---|---|---| ||At 1.10.22|Cash flow|At 30.9.23| |Net cash|||| |Cash at bank and in hand|648 460|~172,650|475810| ||648,460|~772650|475,810| |Total|648,460|~372,650|475,010| ## ## ## ## ## ## ## ## ## ## ## |DONATIONS
AND LEGACIES||| |---|---|---| ||2023|2022| ||f.|| |Gift aid|2+16|1,744| |Apiary &Education Centre fund|5+54|11,324| |Research fund|16,569|15,027| |General donations|48,295|45,044| ||~72 734|73 139| ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |Interest receivable||||||~16 241|~3089| |INCOME|FROM CHARITABLE ACTIVITIES||||||| |||||||2023|2022| |||||Membership|Other||| |||||and|charitable|Total|Total| |||||subscription s|activities|activities|activities| |Capitation|fees from member Associations|||582@96||582496|587432| |Individual|membership|subscriptions||48,129||48,129|48,093| |Gift Aid tax recovery||||6,644||6,644|6,647| |Spring Convention|||||69,256|69,256|63,803| |Examinations
Board|||||56,507|56,507|53,170| |BBKANews Advertising|||and other||||| |publications|||||97,337|97/37|110/26| |Other|||||2+41|2,541|2,902| |Education|and Husbandry||||42,547|42,547|51/27| |Specialist members||||1,010||1 010|960| |||||638179|268 108|906367|~924 60| ||||||2023|2022| |---|---|---|---|---|---|---| ||Opening|stock|||16,778|17,969| ||Purchases||||14,278|19,157| ||Closing stock||||~16066)|~16778)| ||||||14,990|~20 348| |6.|CHARITABLE||ACTIVITIES COSTS|||| ||||||Support|| |||||Direct|costs (see|| |||||Costs|note 7)|Totals| ||Other charitable||activities|632415|368,957|1,001372| ## |SUPPORT|COSTS||||| |---|---|---|---|---|---| |||||Governance|| ||||Other|costs|Totals| |Other charitable
activities|||338,547|30,410|368,957| |Support costs, included||in the above, are as follows:|||| |Other|||||| |||||2023|2022| |||||Other|| |||||charitable|Total| |||||activities|activities| |Staffcosts||||205,031|189,071| |Social security||||15,834|13,993| |Pensions||||3,607|3,431| |Rent, facilities &other||costs||54,688|50,878| |Postage and|stationery|||10,116|10,674| |Professional|fees|||5,498|3,493| |Depreciation|oftangible|fixed assets||43,773|44,438| |||||338547|315978| |Governance|costs||||| |||||2023|2022| |||||Other|| |||||charitable|Total| |||||activities|activities| |Auditors'
remuneration||||5,400|5,400| |Insurance||||5,960|5,691| |Executive &committee||activities||11,936|17/72| |Standing orders and governance||||3/90|1,555| |Accountancy
Profit/Loss|fees
on sale oftangible fa|||1,210
~?14|1,152
2,678| |||||~30 410|33,748| ## ## ## ## ## ## |||2023||2022|| |---|---|---|---|---|---| |Executive Committee - Trustees|||||| |John Hendrie||1,425||1,030|| |Gareth Morgan|||||171| |Margaret
Wilson|||||408| |Stephen B ames||2,761||2,580|| |Diane Drinkwater|||363||905| |Suzanne Bennett|||523||238| |Anne Rowberry||2,551||2,187|| |Richard Bond|||||229| |Julie Coleman|||441||296| |Clare McGettigan|||716||801| |Jane Medwell|||130||70| |Jennifer
Morgan|||760||657| |Howard Pool|||||1| |Joe Widdicombe|||213||308| |Mark Hunter|||587||| |Attendees
(not Trustees)|||||| |Leigh Sidaway|General Manager||278||223| |Nicky Campbell|Exam Board Secretary|1|470|1,905|| |||12,218||12|009| ## ## ## ## |STAFFCOSTS||||| |---|---|---|---|---| ||||2023|2022| |Wages and salaries|||205,031|189,071| |Social security costs|||15,834|13,993| |Other pension costs|||3607|3431| ||||224,472|206,495| |The average monthly
number ofemployees||during the year was as follows:||| ||||2023|2022| |Head Office staff|||6|6| |No employees
received emoluments|in excess of%60,000.|||| |COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||(2022)|| |||Unrestricted|Restricted|Total| |||funds|funds|funds| |INCOME AND ENDOWMENTS|FROM|||| |Donations
and legacies||73,139||73,139| |Charitable
activities||||| |Membership
and subscriptions||643,032||643,032| |Other charitable
activities||281,528||281,528| |Investment
income||3,089||3,089| |Total||1000 788||1,000,788| |EXPENDITURE ON||||| |Raising funds||20,348||20,348| |Charitable
activities||||| |Other charitable
activities||886,853||886853| |Total||907,201||907201| |Net gains/(losses)
on investments||~57,421)||~57,421)| |NET INCOME
Transfers
between
funds||36,166
2,150|~2,)50|36,166| |Net movement
in funds||38,316|(2,150)|36,166| |RECONCILIATION
OF FUNDS||||| |Total funds brought
forward||1,306,241|8,664|1,314,905| |TOTAL FUNDS CARRIED FORWARD||1,344,557|6,514|1,351,071| ## ## |TANGIBLE FIXEDASSETS||||| |---|---|---|---|---| ||||Short|| |||Leasehold|term|| |||property|improvements|Trophies| |COST||||| |At 1 October 2022||172,127|325,568|19| |Additions||||| |Disposals|||~5,096)|| |At 30 September 2023||172,127|320472|19| |DEPRECIATION||||| |At 1 October 2022||36,574|93,043|| |Charge for year
Eliminated
on disposal||1,781|31,992
~2,700)|| |At 30September 2023||~30 55|~122 35|| |NET BOOK VALUE||||| |At 30 September 2023||133,772|198,137|19| |At 30September 2022||135,553|232 525|19| ||Show|Furniture|Computer|| ||equipment|&fittings|equipment|Totals| |||f,||| |COST||||| |At 1 October 2022|6,277|2,160|36,915|543,066| |Additions
Disposals||4,694|~569)|4,694
~5,665)| |At 30 September 2023|6377|6854|36/46|542,095| |DEPRECIATION||||| |At 1 October 2022|5,811|540|22,295|158,263| |Charge for year
Eliminated
on disposal|465|1,714|7,821
~451)|43,773
~3,151)| |At 30September 2023|6,276|~254|29665|1988&5| |NET BOOK VALUE||||| |At 30September 2023|1|4,600|6,681|343210| |At 30 September 2022|466|1620|14620|3&4 &03| ## ## |||||||Listed|Unlisted|| |---|---|---|---|---|---|---|---|---| |||||||investments|investments|Totals| ||MARKET VALUE|||||||| ||At 1 October|2022||||292,863|30|292,893| ||Additions|||||200,001||200,001| ||Revaluations|||||2@48||2+48| ||At 30 September||2023|||495,212|30|495442| ||NET BOOK VA.LUE|||||||| ||At 30 September||2023|||495,212|30|495,242| ||At 30 September||2022|||292 863|30|292,893| ||There were no investment|||assets outside the UK.||||| ||Cost or valuation||at 30September 2023 is represented||by:|||| |||||||Listed|Unlisted|| |||||||investments|investments|Totals| ||Valuation
in 2023|||||495/12||495+12| ||Cost||||||30|30| |||||||495212|30|495,242| |13.|STOCKS|||||||| ||||||||2023|2022| ||Stocks||||||16,066|16,778| |14.|DEBTORS:|AMOUNTS||FALLING DUE WITHIN|ONE|YEAR||| ||||||||2023|2022| ||Trade debtors||||||13,117|30,770| ||VAT||||||7,688|1,326| ||Prepayments|and|accrued|income|||~50868|~34 472| ||||||||71,673|66,568| ## ## ## |CREDITORS: AMOUNTS FALLING DUE WITHIN|ONE YEAR|| |---|---|---| ||2023|2022| |Trade creditors|6,502|4,829| |Social security and other taxes|4,909|4,396| |Other creditors|1,511|1,912| |Deferred income in advance|23,400|28,605| |Accrued expenses|~33 280|18689| ||~69 602|~58 431| |Balance|as at 1October 2022|28,605| |---|---|---| |Amounts|released to income during the year|(28,605)| |Amounts|deferred during the year|23,400| |Balance|as at 30 September 2023|23 400| ## ## ||||2023|2022| |---|---|---|---|---| |Within one year|||2/39|1,395| |Between one and five years|||6,944|5,999| |In more than five years|||~82 208|~83 602| ||||~91 491|90,996| |MOVEMENT IN FUNDS||||| |||Net|Transfers|| ||At|movement|between|At| ||1.10.22|in funds|funds|30.9.23| |Unrestricted
funds||||| |General
fund|928,094|11,757|(5,500)|934/51| |Stoneleigh
dilapidations|120,750||5,500|126,250| |Education and Husbandry|26,081|(1,324)||24,757| |JHopkins
legacy fund
Apiary &Education Centre|151,011
118,621|(22,694)
~2556)||128/17
116865| ||1/44,557|(14,817)||1+29,740| |Restricted funds
IMYB Fund|~614|~3,855)||2,659| ||6424|~3,855||2,659| |TOTAL FUNDS|1/51,071|(18,672)||1/32,399| ## ## ## |||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| |||resources|expended|losses|in funds| |Unrestricted
funds|||||| |General
fund||947,440|(938,031)|2/48|11,757| |Education
and Husbandry||42,546|(43,870)||(1,324)| |JHopkins
legacy fund
Apiary &Education
Centre||1
5+55|(22,695)
~7,911)||(22,694)
~2556)| |||995/42|(1,012,507)|2/48|(14,817)| |Restricted
funds|||||| |IMYB Fund|||(3,855)||(3,855)| |TOTAL FUNDS||995342|~3016 62)|2+48|~18,672)| |||||Net|Transfers|| |---|---|---|---|---|---|---| ||||At|movement|between|At| ||||1.10.21|in funds|funds|30.9.22| |Unrestricted||funds||||| |General
fund|||870,831|69,313|(12,050)|928,094| |Stoneleigh|dilapidations||115,250||5,500|120,750| |Research|||(8,700)||8,700|| |Education|and|Husbandry|25,059|1,022||26,081| |JHopkins
Apiary &|legacy fund
Education Centre||180,348
123,453|(29,337)
~4,832)||151,011
118,621| ||||1,306,241|36,166|2,150|1,344,557| |Restricted|funds|||||| |IMYB Fund
Posh bee|||6,514
2 150||~2150)|6,514| ||||8664||~2150|6 514| |TOTAL FUNDS|||1,314,905|36,166||1,351,071| ## ## ## ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| |Unrestricted
1'unds||||| |General
fund|938,137|(811,403)|(57,421)|69,313| |Education and Husbandry|51,327|(50,305)||1,022| |JHopkins
legacy fund
Apiary &Education Centre|11,324|(29,337)
~16156)||(29,337)
~4832)| ||I 000 788|~907,201)|~57,421)|36 166| |TOTAL FUNDS|1,000,788|~907,201)|~57,421)|36,166| ## ## ## ## ## ## ## ## ## ##