REGISTERED CHARITY NUMBER.. 1185343 REPORT OFTHE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEMBER 2024 FOR THE BRITISH BEEKEEPERS, ASSOCIATION Harrison BLalc & thycn LimilLd Chart¢r¢d Ai¢(iuntsnts and Statutory Auditor HighdoiTrn House I I I 1iglido.-n Koad Lcamingion Spa Warwick%hire CV)I Ix"r
THE BRITISH BEEKEEPERS, ASSOCIATION CONTENTS OF THE FINANCIAL STATEMENTS for the yeAr tnded JO September 2024 Page Report of the Trusttts Report of the Independent Auditors 8 to 10 Stgtement of FinAneial Activities Balance Sheet 12 C*sh Flow Statement Notes to the Cash Flow Statement 14 Notes to the Finantigl StAtementS 15 to 26 Detailed Statement of Finaneial Activities 27 to 28
THE BRITISH BEEKEEPERS, ASSOCIATION REPORTOFTIIE TRLSTEES for the year ended 30 September 2024 The Trustees prestni their report 'Ith ttit financial siaiemenis of the charit). tor the s'ear tnded 30 Septtmber 2024. The Trusiccs lia%'c adoptld ihc provisions ol- ALLouniing and Rcponing by CharillCS.' SiaiLmini ot. RcLommcndcd Practicc dpplicablc io charitics prLparing Ihiif aLLounis in acLordanLC lih Ihc Fine11 RLwrling Siandard applicablL in IhL UK and Kepublic of Irelaiid11.'RS 1021 (effective l January ?0191. OBJECTIVES AND ACTIVITIES Objettives Th¢ charitableobj¢ctii'¢s ofthe BBKA areto adTrancethe education ofihe public and b¢eke¢p¢r5 in thecraftof beek.eeping and proiiiote the imponance of bees in ihe environnient. The aitns in ac£ordanLe i*iih Ihe charivdble objeLtives ofihe BBKA are.- to engage with and encourage potential b¢¢keepers lo tacililate coiitinuous iDiproveMent in the staiidai'd of beekeeping husbandr). io enslirt rtlei'ant intormaiion is available rhrough appropriate channels for iargei audiences. Pag¢ I
THE BRITISH BEEKEEPERS, ASSOCIATION REPORTOFTIIE TRLSTEES for the year ended 30 September 2024 OBJECTIVES AND ACTIVITIES Publie bellefit ThL Ch113 s objLCtivc N%'ith rLgard 10 piiblic bLmLfii is MLI bN idulIng IhL public atoul thc itnporiancc ofbcLS in ihc enbii'oninent at iiational shom's, creatiiig priiittd and online materia15, promoting the elfare of hone}, bee5 and the craft of beekeeping. proi'iding a naiional online strTrict for sivarin colleciion. and supporting proje£is educate aboui and to dLlcnd againsi IhL in1.1ve Asian Hornci, VLspa I'Llulina. ThL anniid Spring Convcntiort IS Wortdcrlul public bcnclit as it is Op-n 10 all. non-bcckccpcrs. nLW bcckccpcrs and csiablishLd Ettkccpcrs- noi jusi BBKA mcmbLYS and this S'LaT included a 5e55ion for youngsters. BBKA mcmbLrs haL bccn insirumLntal in raising awarLnLSS olihc importancc of incrLasing thi divLYsilN Ot'culiivaicd and N%'ild plants Ihat are suiiable for encouraging pollin&iors in gei)eral ai)d honey bees ii) parlicular dnd Ihe BBKA suprts and funds rel¢i'ant research projects. I'he aiin to promote public aM'aren¢ss in wa}'s that will enable pollinators to tlii'ii't and w'ill result in an increase in the diversit! ot plant5 111 tlie lder environrnent- ultimately leading to greater stcuriTh tor inuch ot'Briiish-groM'n twd. .1 he iILIKA's charitable objective5 haTre ken diligenilN pursued bTr your iloard iwith ne printed and downloadable eduLaiional mattrials. Slippontd by sLhool N'isiis and iargtied COLirsts tor members. Your Board will siri%'e to ensiire Ihest aciii'iliLS grow in IhL luliirc. alwa9 dLsignLd 10 tllLLI IhL Charilv's objLClii'cs 10 promoic IhL EIlLy husbandry ol'hortcy bees ML d Ihe cLTrnlinuuus impruvernenl in the Lraft of beekeeping. In terms Ot'praciical actions. Ihe BBKA has.. continLicd 10 n)11 out thc Apiary &. Education Projeci 'Ith morL school groups aitcnding Ihc nLlI, tacilitics ai BBKA HQ pr()¥rarnme that LC)lltinue% til be i¥ell reLeiNed by all the 4Lliix)l ¥r()ui)% that liave attended emplo}'&l a School Liaison Otficer lo turthei. tlie ii'ork ot-Lltacoii schools added neiw Jnalerials to the store of proinotlollal equipment and banners. available too for use bj Area Associaiiolls to hLlp cngagc and Lducaic IhL gLmLral piiblic pr()diiLed a Friends uf the HuneN' Bee new%lelter f()r 4Lhc)ul% tu eng£t¥e with Lhildien provided 8ll eItrOnIC ersiOn ot Bees iii ihe C'urriculum tree of charge atttnded Bee Health Advisory Forum meetings to represent ihe i'ieii's of the BBKA membership and the wider eommLinilK' Ot'bcckccpcrs re1'ie'ed Ihe Risk RegigteT and the aclioiis needed 10 Tllltigaie risks cornmiiied additional resource5 Illto publicity aix)ut the iiivasive. iioii-iiatibe Asian I lorneL Vespa t]utina. to encourage aiTramiess among Ilie Eetieral public niinued to link wilh the Naiional Bee Unit INBUI 10 provide an eiTeLlive service ihrough OUT Asian Homet Teams 10 veTify li)11()ii up %ightin¥% Iit'the A%iJn H()niet maintained the.45iaii I lornet week as a major media and prornolional event M'ith a talk froin Andrew Durham and Nigel Sernmeiice cinploicd an OuircaLh workLY (or Lngaging %%'ith rLlaiLd 0¢ilIOnS and ouisidL organisations alul Asian Homct. h(In¢y qualit and (?th¢r beeketping lopi¢s. Co-opted experts 10 join ihe LRBKA Asian Ilornet Committee to help d•'elop effective strategies and actions designed 10 proiLYi honci "t5 nd ihc crall ol'bLckLping aiiLndcd PollinaiorAdvisot), Group IP.4SGI mcciings 10 promoic IhL rolc ot'honLJ bccsandihc rolcot'BBKA rLgisiLrcd metnher ekeeper% repreSled tlie BLIKA by atttiiding niajor public events Outdoor Lxpos at theNLC.. liaine l.air at Blenheiin Palace and Ihc HLlordshirL Coun1}, Shoii". 10 ltate and ingagL Ihc public on all asp-yis ol-bLLkLLping rLated an inNLntoiy ol-loanablL maLLrials IOT assoLiaiions 10 liirihcr incrcasc cngagcmLnt ivith Ihc piiblic Lredteli w()rkin¥ ¥ri)iip l() did cutntnl1ni1i()n hetm'een the Bi)ard ()f Tni%tees and EX B()(1 probided lanoiherl verv sucCeful Ihree-day BBL4 Spring C'.onvelltion complete wilh over IDO educational activities and an exLelleni irade show. Lelebi"dted the lioth Anniver%dry uf the fuundin¥ ()f the BBKA ivith the Lurd-Lieiilenknt of ShmpshiTe. Mrs Anna Turner planting a Ir¢e at HartKr Adarn8 duriiig the BBKA Spi'ing C(?ni'eiition tuiidiiig rhe associations and braiiches io plant trees to celebrare ihe annil'ersary producing colltciablt BBK.4 branded rorcelain anniversary inugs aiid lionev ls. These included the promotion of BBKA'S Chariiable objeLlives. offered BBKA Jnniier%iUy hive l()()l% Nlab]e at the BBKA 8priiig C()nvenLI()ii tree lo all attendee% conrinued ihe dei'elopmeni of an online leaming resource thai higs huge poteniial io suprM)rt associaiions and individuals in adi'ancing their beekeeping skills including materials designed to assisi ivith the Hone), Bee Healih assessment Pag¢ 2
THE BRITISH BEEKEEPERS, ASSOCIATION REPORTOFTIIE TRLSTEES for the year ended 30 September 2024 OBJECTIVES AND ACTIVITIES proi iL nc¥¥ ii'aining anLI maiLfi2i Is 10 assisi thosc airning 10 achicNc a ccrtilicaic in MiLros¢op)' or io pass th¥ Gcncral Hiisbandr), AdanCL Husbandrv assLssmcnis ci'eattd nem. training matei'ials on the 1¢'ning plaiform5 to enable a550ciations to run theii. ow'n courses in I lono. Llee Ilealth and Lieneral I Iiisbandry rundLd Ihc training ol'addilional BasiL Asscssors 10 hLlp incicasc ihc opportunilics for all BBKA mcmbLYS to iakL Ihc Basic asscssmcni funded profe55ional vidwgrapli) to develop n¢ii' traiiiing Inaterials i¥ith additional funding for a conteiit produc¢T proi'ided a series ot-educaiional tbtning ialks on £oom. streamtd to You l ube and available tor all to watcli. dcNclopLd and Cxiindcd IhL Lapabilitics ot. IhL LR2 mLmbcrship daiab8sc and providc fr¥c acccss to CR2 10 mLMnbcr Area.45suLidiiong and their branLhe5 conliiiu&l to 'ork with Area Associations to encourage free t70 of views and feedback on all aspects of the BLIKA in particular.. Lxani Board, ILIng at asse55nients aiid qualificatioiis ensLired Lost-efttclibe public liabiliti, insLiranLe continlies to bt available 10 members through close liaison 1th Bet In%uranLe conlinu&l to prold¢ Inonthlv issues of L411KA Ne$ lo all Inembers ei'en in the face of challenging budget constraints tmplol'ed a neil, social mLdia manager to tnhanct ihe Strlet proi'ided 10 members and the publiL across a range of gocial mcdia plaiforms wilh timLI) conicni rcsuliing in incrcascd ILN'LIS ol'inicraLtion iiiipr(TrNed LILuTruniabilit). CU51-elTeLlivene%% Éind Mage[neI Ihroughuiit Ihe BBKA contiiiued to fund a number of honey bee related academic reseaTcli prograrnilles that offv demonstrable beiiefit to tlie undersianding of ihe craft 'l-he BIIKA's General Manager Leigli Sidaii'av. leads all the 13BKA's operatioiis aiid created an etTicienl. professioiial ii'orking environinenl. Work includes all the duiies inTrolved in running a significant national organisaiion from personnel manÉlgcmLmt 10 bLidgLI Lonirol and piiblic rLprcscrtiation. Thc HQ tLÉwn providcs Lsscniial SLlPPOrt lor all IhL BBKA'S dL*iN'ilies I wuuld like tu thank all the fuT their dediLation and hd wi)rk. While the Trusttes meet in person in January at Stoneleigh. Ihe majorii! ot'the Board ot'Trustees and Committee meetings eoniinLIL io bL" hcld ila Zoom rLdLicing IhL TrusiLxs' cosis and traLI timL. This rolic). is part ot'vour Board's eommiimLnt 10 reducing COSLS while retnaining fully effectiNe. Eveii as Ihe Board ot. Trusiees made the mosi ot-online meeting facilities. Trustees w'ere able to meet many memkrs at Ihe BBKA Spring Conleniion. The Conveniion is managed and produLed b), Ihe Spring Coni'ention Commitiee, under the talented ld Ll)nimitled leader%hip ()f JIiyLe Ni.%hel ld your B()d all the 8pi.ing C()Iii'eiition C()nirnitLee meirbers for their outstanding contributions to making this vear's coni'ention trernendousl) ¢njoyable, producliwe and succtsst'ul. Th¢ Board of Tru5t¢es, th¢ Corntnittees and workTng groups all of thetn 0]unta ontinue to with Area Associaiions to develop the Itarning platfonn tor discussion of educatioiial issues buildiiio on tlie successes lasi >ear. As Ihc commLinilv dclclops, Arca AssoLiations Mill . ablc 10 sharL somc ol'ihc cxccllcni programmcs IhLJ hai'L alicadv ercalL and support caLh oihcr in producing ncw rLlcvani maiLrial particularl! tor kLepcYS in thLir tirsi tii'c vuars of heekeeping. In conclusion, I M'ould liki io ollcr particular Ihanks and good 'IshcS tor ihL tUlLirc io all IhosL Ihai arl stcpping dom'n from IhLif TOIL% ai thL BBKA. Naturall), I would also likL to thank all thL Trustccs. CommiLILL mcmbLrs. '01"kirtg group vulunleer% aiid dll who 5uPTI the BBKA fi)r their hd w()rk Ili15 endbling the BBKA tu tn()ve f()ri¥d i¥ith confidence. Pag¢ 3
THE BRITISH BEEKEEPERS, ASSOCIATION REPORTOFTIIE TRLSTEES for the year ended 30 September 2024 FINANCIAL REVIEII, Financial position TIIC iwo principal lunciions ot cvcry charil! arL 10 Lnsurc ihai ihc organisaiion is run striLtly in accordance ¥Yith IhL siaiLd chdritablL objLYIii'L% dnd thai it is mdnagcd 'ith linancial prudLncL. WL dLal hcrL wilh IhL Sicond of IhosL arcas. -j.he accounts for the year ended 30 September 2024 Sho a surplus of £22.?2611023 deticit of £18.6721. WL had budgcicd tor a dLticii ot. £67.259. Comparcd io budgci - Income was up £82.780 mainl}, as rcsuli ot. our iiivestmeiits (both iiicoiiie and capital) ¢xc¢eding the budg¢t figure by £59.879. Cl¢arl>' the r¢walua¢ion of our ini.¢stiii¢nt5 at the tiid ot-tlie Vear iieeds io be shown on our statement ot activities account but I would liighlighi that this is a non cas11 movcmLni. Thc oihLY incomc hLading thai ahLad ot. budgLi ivas ihc donations ot. £25,366 wc rcccii'Ld tor Asian Homet- we hdd noi budgeted for this lasi year. Oveiall expfflditure was doii-.n b). £6.705. Lxpeiiditure oli donatlolls and fuiidraising. exams and niembership iiicome ii'ere dO,n on Budgei. This is masked slighil}, bv ihe unbudgered expenditure ot. £21,809 on Asian Homet alihough as Iredd). rnenlii)ned we hdve reLeiN'ed £25,366 1)f d()ndticin4 this. li remains difticuli io budget forward 1th a great degree ot'ac£urac> and we hat set a deficit blidget ot'£47,478. a tigure Ihai is morL Ihan LovcrLd by our rLSLYVCS. Our unrestricted reser¢5 as at 30 September 2024 are £1.354.625 12023- £1.329.7401. We accordingly meet our r¢serve5 licy. We are keen til tnove aw from 4etting deficit budget% and the relatively Ini)dest incre&%e in meMbehIP %uh%Lription% ing propN)sed should resolve this in the future. WL will kcLP thL amouni invLStcd in E%'Llyn Parincrs undci" rcviLW and ifwc fccl condilions arc righi WL maj slighilv ItlLree UUT inNe%tmenls ti) ensure thdt get ci ¥uud Teliim i)n ()ui Inonie%. Diane Beck has managed the tinances with her nomial contidence so l M'ould like to thank her tor thai. The finances of ihe BBKA retnain in a Slrong position 'hICh will enable il 10 restx)nd swiftly 10 Lhanging evenls as required. Rtsev4'es polity The Biiard ()l-Tru%tees' p()licv abjectiNe 1% lo niaintn unTe%lricted re8erve% ihal equal lo %ix month% running Lo%1% ()f tli¢ cliarity. aiid also 5ufticient to coi'er prOls1On$ tor the ebeiilual cost of r¢placing tlie National Lle¢k¢epiNg C'.entr¢ biiilding in 2098 and fiinding ot'sirattgic initiatives to tiiltil the Lharitj's key objeeS. Tht Ch'll> meets its Reserves PoliLli in full ai IhL momcrtl. FUTURE PLANS As in IhL pfLVIOUS liLar WL continLlC io IniLSI in and providc morc cUL71lonal matLYialsonlin¥ and io Loniinuc to cvalLiai and rccommLnd rcscarch projL*is hICh arL worthN ot'supp)ri b! thc BBKA. We are aware that our spend on Asian I lomet Inatters may increase in tuture years. "lthis is difticult to budget tor but we haNL hLalihv rLrI.e5 so will bc ablc to rcspond as ncccss8ri'. Diie to a M'eak TOI)f we not dhle tu pldLe S()1 un the ruof uf the offiLe su the planned Ldpilal %pend uf £30,OL did not occur. STRLICTURE, GOVERNANCE AND MANAGEMENT The Lhariii. is conirollcd bv lis goN'erning documeni. and the legal siaius of ihe British Beeketr¢rs Association is a Chariiable Iticorroraied organi110n IC'IOI. This means thai ihe BBKA may legallN own a55ets (including prorertvl and emplo), personnel in ils own righi, raiher Ihan Ihe Trusiees being responsible under la,. This Lhange was elleLlive Irtim l 2020. Pag¢ 4
THE BRITISH BEEKEEPERS, ASSOCIATION REPORTOFTIIE TRLSTEES for the year ended 30 September 2024 STRLICTURE, GOI'ERNANCE AIYD MANAGEMENT Orgini511tionil 5trueture ThL Lhatil) s govirning documLni is ils Consiilulion. lis mLmbcrship compiisLS Arca Associaiions. SpLcialisi MctnbLr Associations and Indi idua15. An Annual Delegates, Meeting IADMI rel'leS its activities, provides policN diirction Ihrough proposiiions aiid Cle5 Its-l'rustees. including its President. Thc charity is goi'cmcd by a maximum of Iwclvc Trusiccs and a PrLsidcni who arc clccicd b), Ihc Annual Dclcgates, Meeting in lanuar). each v¢ar and who resign in rotation. Thc charitj currLntlv ¥mplovs knih lull iimL and pan timL siaft.. Thcrc is an annual appraisal sNsicm OVCr bN a Human Resources CoiiirnilLee whiLh is chaired b). a Trusiee. Pay inLreases are linked 10 Ihe appTaisal sygieTn OT changes in 'ork methods or roles. Induttion trAining of new Trustees Inf()i-niiiliiin atM)Ut the i-i)le 15 pr()N'idEd li) pr()speLrtive Tru%tee%. N5. Ti-u%tee% reLeiN'e dppn)priale di)LumenlJlii)n r¢leTrant Iraiiiing. .1 he nem. I ru5tees are inducted in Januaiw hen the roles, responsibilities and the charit>"s objects and licies are explailled and discussed. Risk mathagtmetht The charity does not beliei'e there air currently any sigiiificaiit tinancial risk's to its contiiiuance. REFERENCE AND ADMINISTii4TIVE DETAILS Rtgistcred Charity number 1185343 Prithtipal Address The Naliundl Beekeepin¥ Centre National Arpricultural Centre StonLlcigh Park StonLlcigh WarwiLkshiie CV8 2L(i Pag¢ 5
THE BRITISH BEEKEEPERS, ASSOCIATION REPORTOFTIIE TRLSTEES for the year ended 30 September 2024 Patron Thc Mastcr, Thc Il'orsliiptul Compan) of Cliandlcrs Ji[nin DohLrlv Trustees A Roivbcrr) IPrcsidLnil ItLrm cndLd 13.1.20241 S C BarnLS (Prcsidcnil D E 1)rink-.atcr (Cliairl C. L Mctietligan Ivice Chairl M Hunicr J l Nisbel J Mediwell J D I Itndrie IleNn eiidtd 13.1.20241 J Morgan Ittmi ended 13.1.20241 C T Chdpnidn-Ddive IdPPI)inted 13.1.2(J241 W l N¢SOn lappoinied 13.1.20241 R A Oliber lappoinied 13.1.20241 P Rogcrs lapwiniLd 13.1.20241 A D Ri1,e (apIled 13.1.20241 C Il'hyatt lapwiiited 13.1.20241 J K Colemaii Irebigned 28.6.20241 OFFJCERS AND NON VOTING ArtENDEESAT BOARD OF TRUSTEE MEETINGS Leigh sida".aY AnrtL PikL tieneral Secreta BBKA Ncws Ediior -4uditors Harrison BLalc & Owcn Limiicd Charlered ALLounianlS and Siatulory Audiior lidoN'11 I louse I l Higlidown Road Lean)ingion Spa WdTIILk%hire C.V31 IXI. Bnkers Santander 63-65 "lkne Parade LLning10n Spa WarwickshirL CV32 4BD Investment Advisers EN'LI ParinLrs Invcstsncni Managcmcni LimilLd 45 Cih street Londoll EC2V 7BG Pag¢ 6
THE BRITISH BEEKEEPERS, ASSOCIATION REPORTOFTIIE TRLSTEES for the year ended 30 September 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trusiees are rtswnsible for preparino ihe Rtwrt of the Truste and the fiiiancial sttImentS in accordance with appliLablL law and Unit¥d Kingdom AcLouniing Standards (unilL Kingdom Gcncrnllj ALLCPtcd ALLouniing PraciicLI. he laiw applicable to charities iii Liigland and Wales, the CharitiesAcl 2011. C liai'ity (Accounts and K¢portsl Kegulat1O115 2008 and the proi'isions ot. the trust deed rtquire5 Ihe l-nislees to prepare tinancial sraiements tor each financial }'ear %'hiLh giic a IruL and lair i'll, ol. IhL SlalL ol. allairs of Ihc charit), and of Ihc incoming rcsourLLS and applicaiion of rcsourcLS. including IhL inLomc and cxpcnditurc. ot. Ihc charity tor thai pcriod. In prLparing IhosL tinancial siaicmLmts, the Truste£s ar¢ required to sclcct suitablc 8LLOLiniing policics and IhLn appl) ihcm consisicnilw; obseri'e Ihe Tneihods and prinLiples in Ihe ChariL) SLateTnenl ol. ReLomrnended PraLlice ISORPI.. make judgements and estimate5 that are reasonable and prudent., state i4."hetlier applicable accounting standards have been tollowed. subject to ali) material departures disclosed and explained in ihe tinancial siaiemenis., preP-e the fInLIa1 %talement% i)n the gi)Iti¥ LXlllLem ba%i% unle%% it i% inappr()priale ti) pre%utne thdt the LhilY will continue iii busiN¢ss. ThL Trustccg arL fLswnsiblL for kccping propLr accounting rcLords %vhich disclosL iviih rcasonablc accuTacy ai any limc Ihe finJnLial pÉ)%ilii)n uf Ihe lharit til enable Ihem il) en%ure Ihat Ihe fine11 Slaternenl% UTrtnpl}' i%'ith the ChIlleg Act 2011. the C'.liai'it>' (Accouiils and [1¢rts} Regulations 2008 and tlie prols1o1)S of the trust deed. They are al responsible torsafeguardingtheasseisofihe LharitTr and heiiLe for iaking reabonable steps torihe prevention and dthection ot'traud and oihLY irrcgularilics. Approi'ed b! order ot-lhe Board of I rustees on Saturda! I l Jaiiuary •025 aiid Signed on its belialt'b>': D Drinkwatcr- Trusicc Pag¢ 7
REPORT OF THE INDEPENDENT AUDITORSTO THETRUSTEES OF THE BRITISH BEEKEEPERS, ASSOCIATION Opinion We hai'e audiled Ihe findnLial stlL lenient% i)r The Brilish Beekeepei-5' AssoLlalii)n (the 'Lhl1),I fur Ihe e- ended 30 September 2024 i4-hich COlMPTise the qtateiiient ot- Financial Actii'ities. the Ralance Sheet. tlie Cash Flow Stateinent and notes 10 ihe tinanlial siaieinenis. inLluding a suininarj. of signiticani accouniing wliLies. The fiiianlial reporting tramL¥workihai lias t"n applicd in Ihcir preparation is applicablc la. and Unli1 Kingdom AcLouniing Siandardsluniicd Kingdom GLnLrall> AcciPILd Accounting PrydCtILLI. In our opit)ion ihe financial stsiementS'. givc a IruL and fair VILW ol'thc $11É IL ol'thi charily's allairs as 2)130 scp1cm"r 2024 and ol'ils inc4)ming rcsouTCCS and application of rcsourcLS. (OT Ihc ycar thcn cndcd.. ha¢ been properly prepar¢d in accordance ii'ith Lliiited Kingdorn G¢nerally Accepted Accountiiig Practice; and lia¢ been prepared in accordaiice with the requiremeiits of the c.harities Act 2011. B#sis for opinio We conducted our audit in accordance with Iniernational Standards on Auditing ILIKI IISAS IUKII and applicable law. Our responsibilities uiider those 51aNdards are fuithtr described in tlie Auditol's. respoiisibilities for the audit ot. Ilie tinancial siaitmenis seciion ot"OLir reri. Wt are independent of the charip. in accordanct with the eihical requirements that -e relevdnl til l)Ul diidit lif Ihe finiLli11 %ldtetnent4 in the IJK. inLliiding th¥ FinLIa1 Repi)rling Cc)utiLiI'% EihiLdl Standard. and we hai'e fulfilled our other etliical responsibilities in accordance 1th tlie5e requireinents. We beliei'e that Ihe audit tvidence e hal'e obiained is suftilielli and appropriaie to provide a basis tor our opinion. Conclu510rt$ rtl#tirtg to going cothcertt Iii auditiiig tli¢ financial stat¢ment5. M'e liavt coiicluded that tlie Trustees, use of the going conc¢Tn ba515 of accouiiting iii Ihe preparation ot-the finaiicial siatements Is appropriate. Baed ()n the work ive have perf()rtned, we have niit identified maleTial unLYTtaintie4 relating til event% i)r L()nditicin% tliaL indibiduall}' oi. collectibel!.. maN cast sigiiificanl doubi on the charity's ability to contiiiue as a going concerii tor a period ot-ai le851 lThelve months from when the tinancial siateinents are auihorised for issue. Oiii i-triPL)n4ibilitie% and the TeP(n1hilitie% ()f the TTu%lees with Te%peLt ti) ¥c)ing LtsnLem deSLTibed in the relevdnt sections of this report. Other informatio The TrusiLLg arL fLsponsible for Ihe other ii)fortnation. The oiher inltirmation Lompriseg the informaiiort inLluded in the Annual Report, other than the financial statements aiid our Rewrt ot-the Indepeiident Audiiors thereon. Oiiiopinion on the fin£nLial siaiemenis does not cover Ihe oiher infom)alion and. except 10 Ihe exieni oiherwise expliLiilv lated in i)ur rep()rl. I4-e d() iiot expre%8 f()nn ()t a%%urJnLe L()nLIu%i()ii thereon. In conneciion wilh oiir audit ot'iht tinancial siaiemenis. oui. resronsibiliiv is io read the oiher intormaiion and. in doing 80. LonsidLr i%hLihLr Ihc oihLY infomiaiion is maiLri&ll)' inconsislLni wilh the linanLial siaicmLnis or OLir knowlLdgc i)btained in the audit oi. oth¢rwis¢ app¢ars lo be [nal¢riall mi58tal¢d. If w¢ id¢ntify su¢h niaterial iiiconsislenLleS 1)r apparent mattrial In155iatemenls. e are rtqiiired to deterixine ether tliis gil'es rise to a material Irisstateinent in the inancial siatimcnis IhL1nSclis. Il.. bascd on Ihc '0[k havc pcrformcd. wc conLludc ihai Ihcrc is a maicrial missiaiLmLni ol-lhis other information. wc arL requirL to rcpori thai faci. Il'-L haic nothing 10 rcwri in Ihis rcgard. Matters on which we are required to report by exeeption WL hai'L noihing to rcpori in rLSPLCI ol. IhL lollowing maiicrs WhLy ihc ChariiiLs IAttfjunts and Rcrortsl RcgLilaiions 2008 requirLS to rLPOrt 10 )ou il-. in our opinioi)-. the inf()rrnaliun ¥ii'en in the R¥TI uf the Tru%lees is inLUnS15tent in any indteiidl TespeLI with the fiLia1 %ldtetnent5". or sutlicient accouniing records have noi been ktpi., or the finiinLldl Sldtetnenl% nL)l in dgreement with the dLLI)iuiling reLÉ)rd% ietumg,. or we liai'¢ iiot r¢¢¢ii'ed all the infonnation an(1 ¢xplanat10115 T¢qUiTe for our audit. Pag¢ 8
REPORT OF THE INDEPENDENT AUDITORSTO THETRUSTEES OF THE BRITISH BEEKEEPERS, ASSOCIATION Rtsponsibilities of trustees As explaiiied more fullv iii the Statemeiit of Trustees, Re5wiiisibilities. the Trusiees are responsible tor ihe PTeparatioii ot Ihe financial staieintnis 11,hiLh giN'e a iriie and tair i'itw, and for such iiittmal conirol as ihe Trusiees dtiermine is nLx¥ssar> 10 cnablL diL pr¥paration ol-linancial siaicmlnis Ihat arc tr¢¥ trom maiLrial misstaiLm¥ni. wlicthlr duL 10 Iraud OT crror. In preparing the tinancial statemenis. the I rustees are responsible for a55essing the charit>"s ability. to continue as a going concLrn. disclosin& as applicablc. maticrs rLlaicd 10 going conccm and using thL going concLm basis ofaccounting LinlLSS Ihc Irusiccs Liihcr iniLnd 10 liiiuidatc IhL Lhariiy or 10 ccasc orcraiions, or havc no rcalisiic alicrnaiivc bui to do so. Our responsibilities for the audit of the finaneial statements WL halc bLLn aproiniLd as audiiors undcr SLciion 144 0l.ihL Chariiics Aci 2011 and rcport in accordancc with IhL Act Televkni TegulatiLTrns tnade or having ellecL IhereundeT. Ourobjectives are to obtain I'easoiiable assurance aLUt117ethCr the financial statenients as a ii.-hole art free from rnaterial missiaieineni, hether dlie to fraud or error. and io issue a Report ot'ihe Tndependeni Audiiors Ihat incllidtt Olir opinion. Rea%i)ndble d55uranLe 1% d high lewel lif i144ufdnLe. bill 15 ll()t d ¥llnte that an audit L()ndiiLled in dLLI)i-ddnLe M'ith ISA IUKI will always detect a material illissrat¢ineDt wlieii it e%i5ts. Mi5slatements cali arise troin fraud or error and are considered material it.. individlialls or in rht aggregait. Ihev could reasonablv bt expected to influence ihe economic dLYisions of uscrs tskcn on IhL basis of IhLSL finanLial siaicmLnts. The exteiit to 'hICh our procedure5 ar¢ capable of detectiiig irregularitie5. including fraud is detailed below.. Thc audit proccss inLludLS an assLssmcnt ot. Ihc cniity's risk cni ironmcni. Ihrough Lnquiry of and discussion with managetnent, inLluding &e%lnent lif Jny ke) lam'% regulati()ii% willi i*liiLh the LC)mpany rnu4t L()Inpl> in the ordinarv course of its business. Additionally. thc ovcrall risks ol irregular Iransaciions OCLurring arc Sssed following our obsci'vaiions and Lunfirtnalic)n uf the de4ign itnplemenlatii)n i)f tnand¥eiiient'% L()ntTi)l%. Whil%1 we dre tnindful i)f these ri%k%. tsiir dudit focus is geared iowards the risk of material missthiement in the financial sthtements as a ,hole. As siich, OLir proccdurcs cannoi guaranicc thai 811 Irans8Clions havc bccn t'Lilly compliani with all rclcvant laNs5 and Tegulations, inuluding Ihose regulaiioiig relaiiiig 10 Iraud. as OUT PN)eedures are noi desigiied 10 deteLI all ingtdllLes of non- coinpliaiice. Llv definition, the risk of our detectioii ot noii-cornpliaiice is greater where compliaiice with a law. or regulation is removed trom Ihe ei'eiits and Iransactions reflecied iii the financial staiements. Tht risk. is also greater regarding irregularilies diie 10 fTaud rather Ihan error, as fraud involves intertlional conLealmeni, fOery. collusion, )mi&sii)n i)r Iiii%repre8entatioii. A t'linher dtscripiion of ow. responsibilities for Ihe aiidii of the tinancial siaiemenis is located on the Financial Reporting CounLil's wcbsilc at %%ww.frc.org.IilJaudiiorsrcsponsibilitlLS. Thi4 dcsLripiion forms parl ofoiir RLpori ofthc Indcpcndcnt Auditors. Pag¢ 9
REPORT OF THE INDEPENDENT AUDITORSTO THETRUSTEES OF THE BRITISH BEEKEEPERS, ASSOCIATION Ust of report This retM)rt is iiiade 501ely to the cliarity's Trustee5. as a iM)dy. iii aco)rdaiic¢ with Part 4 ot-the ('.harit1¢5 (Account5 and Reports) Regulations ?008. Our audit work has been undertaken so Ihat we Inighi slate lo the chariiN"s Trustees ihose maiiLfs WL arc rLNuircd io siatc 10 thum in an auditors, rcport and for no oihcr purposc. To Ihc I'ullcsi ¥xicni PLYmiticd b> law, WL do noi aCCiPI or aSSillnL fLsponsibilil)' 10 VOrtL oihir than IhL charitv and thL Lharily's TrtislLiS as a bod>. for our audit work. for this reporL oi. for the opinions wt have formed. I larrison Btale & ow Limited Chartcrcd Accounianis and Siatuior), Audiior Highdoivn House I I I lighdown Koad Leamington Spa Warwickshire CV31 IXT Date.. Page 10
THE BRITISH BEEKEEPERS, ASSOCIATION STATEMENT OF FITrIANCIAL ACTIVITIES for the year ended 30 September 2024 2024 Total funds 2023 Total tunds Unrestricted tunds Resiricted tunds NoiLS INCOME AND EDoWMENTS FROM Donaiions and legacits 69,870 69070 72.734 Chritable divities Meiiib¢rship and 5ub5CI'iPtions Uthtr charitable actii'iiies 635,1)47 290,634 638,179 268.188 291J,634 Iniesirnenl illLome 35,295 35,295 16,241 Total 1,030046 1,030,846 995.342 EXPENDITURE OIY Raising I'unds 17,408 17,408 14.990 Charitsble activities OihLr chariiablL aciivilies 1,028,756 6,240 1,034,996 1,001.372 Total 1,046,164 6,240 1.016.362 Net 8ain5 on inv¢sttn¢nt5 2.348 ET INCOMEIIEXPENDITUREI 28,466 3,5811 16,2401 3,581 22,226 118,6721 Transfers bettTr'een funds Net movement in fund5 24,885 12,659) 22,226 118.672) RECONCILIATION OF FUINDS Tutal fund% br()ught fÉ)rwdrd l J29,740 2,659 lJ32 J99 1,351,071 TOTAL FUNDS CARRIED FORWARD 1,354,625 1,354,625 1,332.399 CONTINIIING OPERATIONS All incoine and expenditure has arisen trom continuing actibities. The nutes f()riii parl i)f these fInLIa1 stateiiientg Page 11
THE BRITISH BEEKEEPERS, ASSOCIATION BALANCE SIIEET 30 September 2024 2024 Total funds 2023 Total tunds Unrestricted tunds Resiricted tunds NoiLS FI.XED ASSETS 302238 555,496 302,238 555,496 343.210 495,242 Inicsimcnis 12 857,734 857.734 838.452 CURRENT ASSETS 13 14 16,066 71,673 475.810 Debtors Lash at bank and in hand 58,508 490,486 58508 494,067 3,581 561,452 3,581 565,033 563.549 CREDITORS Atni)unts falling du¢ within on¢ }'¢ar 164,5611 13,5811 168,142) 169.002} NET CURRENT ASSETS 496 496 493,947 TOTAL ASSETS LESS CURRENT LIABILITIES ,354,625 ,354,625 1.332,399 ET ASSETS 354 625 1332.399 FUNDS Unrestricted funds Re%triLted flind% 1,354,625 1,329,740 2,659 TOTAL FUNDS ,354,625 .332.399 ThL linancial SlalLmcnis i%'crL approlcd by Ihc Board ol'Trusiccs and auihoiisLd for issuc on Saiurday I Iih January 2025 and IN'¢r¢ signed on its behalf by.. D Drinkiiater- Trusiee The nutes f()riii parl i)f these fInLIa1 stateiiientg Page 12
THE BRITISH BEEKEEPERS, ASSOCIATION C,ISII FLOW. STATEMENT for the year ended 30 September 2024 2024 2023 Notts Cash flows from oper*ting #divities Lash generated frorn operatio[15 2.612 15.804 N¢t ¢&sh provided by operating atylivities 2,612 15.8a4 Cash flows from investing #ttivitits PurLha4e c)f tsn¥ihle fixed a%4el% Purcliase of tixed asset inbestments InicrLSi re£ciicd 13,ISO 116.5001 35,295 14.6941 1200.0011 16.241 Net cash proi'ided b>'llu5ed inl iiivesting activitie5 15,645 188.454 Chinge in tllsh cash equivalents in the reportillg period Cash and cash equivalents at the beginning of the reiTrorting period 18,257 1172.650} 475,8111 648,46U Cash and cash equivalent5 at th¢ end of the reporting period 494,067 475,810 The nutes f()riii parl i)f these fInLIa1 stateiiientg Page 13
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE C'ASII FLOW sTATEIEIT for the year ended 30 September 2024 REC.ONCILTATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net illeomellexpenrfiture} for the reporting period las per the ststtment of Financial Aetivitiesl Adjustments for: Deprcciaiion Lhargcs Gaiii oli ini'estm¢nts Loss on disposal ot'tixed assets IntLrcst rcLClL Los5 on disposal ofunlisied iniesiments Decrease in stocks Decreasellincrtasel iii debtors IDecreaseVincrease in credirors 22,226 118.6721 42,400 143.7841 1,722 135,2951 Jo 3,608 43.773 12,3481 2.514 116,241} 712 1,460 Iyet eash provided by operations 2,612 15.804 ANALYSIS OF CHANGES IN NET FUNDS At 1.10.23 Cash tlow At 30.9.24 Net rash Cash at bank and in hand 475 810 494 067 475,810 18,257 494,067 Tot*1 475,810 18.257 494,067 The nutes f()riii parl i)f these fInLIa1 stateiiientg Page 14
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FITrIANCIALSTATEMENTS for the year ended 30 September 2024 ACCOUNTING POLICIES BASIS of prepAring the finAntiAI stAtemtnts ThL linanLial slatimLnlS ol. thL chdrit). which is a public .nLrIt cniily undcr FRS 102, havi EL"cn p[Lp&fL in accordance iwith the Charities SORP 11.'K% 1021 'Accouiiting and KertIng bN Charitle5'. Statement of Recoininended Praciice applicable 10 charities preparing t]ieir accounts in accordancew'iih the Financial RtpKirting Siandard applicablL in ihc UK and RLpubliL ol'lrcland IFRS 1021 ILIILLliNc l JÉillU1É ry 20191,, Financial Riwrling Siandard 102 'Thc FinanLial Rcporting SiandaTd applicablc in IhL LIK and Rcpublic ot. IrLland' and IhL Chariiics Act 2011. Tlie financial statemeiits hai'e beeii prepar¢d under the historical c05t coni'entioii. iiith th¢ exception of inNestm¢iits which are included ai market value. as nioditied b) the reTraluatioii ot-certain 5s. Going ton¢er At the tirne ot-approving the financial sratements the I rustees have a reasonable expectation that the Charity has adequate Irsources lo continue in opei'atioiial existence for tlie foreseeable tuture.'I'lius. tlie'l-ruskes coiilinue to adopt tht going concem basis ot'accouniing in preparing iht tinancial staieinenis. 'I'h¢ financial stateinents liai'e been prepared on a going concern basis as tliere are no Inaterial uncertaiiities about the charity's abili1> 10 continlie its operations. Signifitxnt actountirtg judgtmethts estimatts The charity niak-es estimates and as5UlllPt10115 conceriiiiig the futUTe. The T¢sulting accounting estirnales M-ill. by detinition. seldom equal the related aLiual rtsults. TTriere are no estimates and absuinpiions ihai hai'e a signifiLatit risk of causing a matLrial adjustmcnt 10 Ihc carThing amounts ol- asscts and liabilitics 14'iihin ihc ncxi financial Ineome All incomL is rccogniscd in Ihc SiatcmLmt ol'Financial Aciivilics onLC ihc ch-11}, has cniitlLmLni io IhL funds, it is pri)bable thdl the inLOtne V¥ill be TeLeived the dtni)Iitil be [neured reliably. Expenditure Liabilitics arL rLYogniscd as cxpcndiiurc as soon as IhLYc is a Icgal or c0nsiruciiC obligaiion eommiiiing ihc charily 10 thdi expLmdilure. il is probable thai a Ir£nsfer Jf eLOllOTlliC benelils will be requiTed iii getilernenl and the ainouiit ot-lhe obligaiion can be measured rtliabli.. Lxpenditure is accouiited tor oil ali accruals basis and has beeli classitied under headings Iliai aggregate all cost relattd io ihe category. Where costs cannot be direcil atlribuied 10 particular headings Ihe), hale been allocaied io aciivilies on a basis Lonsisteni wilh Ihe use of re4()urce%. TAngible fixeil Assets DcprcLiaiion is proNidcd ai Ihc (ollowing annual raics in ordLY to WTIIL oiTcach assci ovcr lis csiimatcd ilSLful lilL. Leasehold pror¢rty Short icrm improvLmcnis Trophics Sh()Iv equipment l.urniture & fittings CompuiLY cquipmLni over the lease terin Siraight linL 0¢r 10 )'LMrs not proiidcd traight line ()TreT 3 edr Straight line oi'er 4 }'ears Siraight linL OVLY 4 )'¥ars Invt5tment5 Fixed asset ini'estnients al'e shoiwn oli the balaiice sheet at their tair value. Lisied iiibestments are valued at their mid markti valiie as ai rhe balance st]eei dale. An}, changes in tair value art recognised in Ihe Sratemenr of FInLIa1 ALli%'ities in the peri()d in ivhiLh thej £rise. Stocks Siock'5 are i'alued ai the lower of cos1 and nei realisable value. after making due all0,an¢t for obsolete and slow. moving iiems. Pag¢ 15 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINANCIALSTATEMENTS- eontinued for the year ended 30 September 2024 ACCOUNTING POLICIES- continued TAxAtion ThL Brilish BLLkicpcrs' AssoLidiion is rLgislLYcd wilh IhL Charity Commission and undcr IhL provision ofscLtion 505 of the Inconie and Corwration l &xes Act 1988 15 exempt from liabilitw to thatioii. Fund attounting unrcsiriclL lunds can bc uscd in acLordancL Ivlth Ihc charitablL ObjectiLs ai Ihc discrLtion ot'ihL Trusiccs. Restricted tunds can only be used for particular restricted purposes '1th1n the objects of the charity. Restrictions arisc whLn sp-citicd bi. Ihc donor or whLn funds ar fdiscd tor P8nlLLilar rcstricicd purposcs. l.urther explanation of the naiure and purpose of each fund is included in the notes to the financial staieillents. Hire purchase leAsing commitments Renldls paid under i)perdting le&%e% Lh;wged i() the Ststetnent c)f FinlI[ ALtivitie% i)n d %traight line b&si% oi'er tli¢ period of tlie lease. Ptnsion tOSts and tsthtr ptsst-retiremtnt benefits The Lharit), ()perates a Liefined Li)ntribuli()n pen%ion scheii)e. CuniTibuliuns pal'able to Ihe Lharilj's pension scherne are charged to the Statemeiit of Fiiiaiicial Acti.itIeS in the pei'iod to which tliey relate. Financial instruments L(an and bL)rr()ii'iii¥% are initially reLogni%ed at the tran%aLticin price including trancti1)ll L()%t%. 8uh%equenil>, the). are tred al amorlised cost using the eftective interest l'ate niethod. less impaii'nieiil. DL"biors [d LI'Lll0rS wilh no siaicd inicl'Ll raic and rcLCjI'ablc or payablL wiihin onL >cai' arc rccordcd ai tr%llion priLe. An. l()sse5 drisin¥ fwrn itnpairinent reLognised in the Sidtetnent uf FInlIa1 ALtivities. DONATIONS AND LEGACIES 2024 2023 Gitl aid Apiary & Education Cenire tuiid Research fund 2,294 14,108 6,627 21,475 25,366 2,516 5.354 16.569 48.295 Asian I lornet tund 69,870 II%VESTMENT ITrICOME 2024 2023 Tnt¢r¢st r¢c¢ivabl¢ Pag¢ 16 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Mcmbcrship Othlr chariLable aciivities Total activitie5 subsci'iptions actii'itie5 Capiiaiion Irom mcmbLr AssoLiaiions Indiiidiial mcmbLrship SLibsLfipiions Gift Aid tax recoverv Sprino Convention Examinaiions Board BBKA News Adiertising and other publications Odier Education and Husbandry SpeLldli%t tnember% 575,953 51,030 7.018 575,953 51,030 7.018 89,157 59,732 582,396 48,129 6,644 69,256 56.507 89,157 59,732 97,7511 2,373 41,622 97,750 2,373 41.622 1,046 97J37 2,541 42547 I,oio 1,046 290,634 925,681 906,367 IL41SING FUNDS Other trAding Activities 2024 2023 Openiiig st(Ick PurLhases Closing stock 16,066 13,800 12,4581 16.778 14.278 16.0661 17,408 14.1)90 CHARITABLE ACTIVITIES COSTS Support costslsee note 71 Direci Losts Toials Other charitahle activitie% 665,518 369,478 1034996 SIIPPORT COSTS Goi'¥rnancc (hher Other charitable activities 330,697 38,781 J69,478 Pag¢ 17 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 SUPPORT COSTS- continued Suprt Losis. inLludcd in Ihc ab)%'c. arc as tollows.. Other 2024 OihLr chariiablc 2023 Toial Siaft'costs SoLial seLurily Pensions Reiil. tacilities & other costs Posiage and siaiionerv PN)fe4%i()ndl fee% Depreciation ot tangible fixed assets 199,838 14,751 3,218 59,023 7,354 4,113 42,41JO 20S,031 15,834 3,61J7 54.688 10,116 5,498 43,773 330 697 338,547 Governance cost5 2024 Oihcr Lhariiablc 2023 Toial Audiiors, retnuneraiion Tnsurancc Execiitive & LOtnniitte¢ lIltIeS Standiiig oi'dei's and governance Accounianc>' tees ProliilLoss on sale ofiangible f a 7,214 6,J05 19,663 2.619 1,258 1,722 5,400 5,960 11,936 3,390 1,210 2,514 38,781 30,410 TRUSTEES, REMUNEIL4TION AND BENEFITS There w'ere no 'l"rustee5' reinuneration or other b¢n¢fits for the }'ear elided 30 Sept¢mber 2024 nor for the >'ear ended 30 Stptember 2023. Trustees, expenses Reimbursement of expenses io Triisiees and otyicers of ihe charity. paid or acciued during the financial year. a8 fulluThs'. 2024 21J23 Board of Tru5tets' txptnsts John I lendrie Mark Hiinitr 1.425 587 1,140 t¢phen Bn¢5 Diane Drinkwater Suzanne Btnntit Anne R(?ii'h¢rr! Joyce Niskt 3,751 469 2.761 363 5?3 2,)) I 987 Pag¢ 18 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 TRUSTEES, REMUNERATION AND BENEFITS-contiMued Board of Trustees, txptnses- eontinued Julie loleman Llart McLiettigan Jani Med'Ll1 Jcnnilir Morgan Richard Oliver Jot Widdicornbt Phillip Rogers Alan Rowse Luke Illhvatt 629 544 297 441 716 130 760 264 213 920 797 950 Attendees (not Trustees) LLigh Sidai%'a)' Nick). Catnpbell GLnLral ManagLr Ekdtn Bua SeLrei(try 328 1.037 278 1,470 13,293 12.218 F.xp¢iis¢s claiin5 cotIrd reirnburs¢tn¢nt of trav¢llin& accorntnodation. tnea15, POStag¢ and lephOne call5. Clairnanls rnay be memlv5 of niore on¢ wniinittee andlor sliare transport. Examinations Board expenses 2024 2023 John Hendrie Aline Riiwberrv Jennifer Miir¥an 1,304 5.837 620 300 40 1.344 6.757 STAFF COSTS 2024 2023 199038 205.031 15.834 3.607 Social Securit costs Other pension costs 3,218 217 224.472 The average monthl>. number of einplo)'ees during the year was as follows.. 2024 2023 Head Office staff Pag¢ 19 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 STAFF COSTS- rontinued No cmplovccs rcccivcil cmolumcnis in cKccss o1-£60,000. io. COMPAIL4TIVES FOR THE STATEMENT OF FINANCIALACTIVITIES Unrestricted runds Restricted unds ToLg1 lunds INCOME AND b.NDOWMENTS FROM 72.734 72,734 Chxrit#blt xttivitits Membership aiid subscriptions Other charitable tIvItIeS 638,179 268,188 638,179 268.188 Inve4ttnent inLI)me 16.241 16.241 TotAI 995,342 995,342 EXPEi%DITURE ON Rai%ing tiinds 14.990 14,990 Charitable activities Oiher ehariiable activities 997.517 3.855 1.001.372 Total .012,507 3,855 1.016.362 Net gains on investments 2.348 2.348 NET INCOMEIIEXPENDITUREI 114,817} 13,8551 118,67?) RECONCILIATION OF FUNDS 'I"otal fund5 brought forii.ard 1.344.557 6.514 TOTAL FUNDS CARRIED FORWARD 1329 740 1332 399 Pag¢ 20 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 TANGIBLE FIXED ASSETS Short Icrm improvcmLmts Lcasehold propcrtN' TrophiLs COST Ai l Ociobcr 2023 Addiiions Disposa15 172,127 320,472 19 191 AI 30 SepteMr 2024 172,127 316,965 DEPRECIATION Ai l Ociobcr 2023 Charg¢ foT }ear Eliininated on disposal 38,J55 1.789 122,335 31,671 1,804} AI 30 SepteMr 2024 40,144 152,202 NET BOOK VALUE At 30 SepteMr 2024 131,983 164,763 At 30 Seplemkr 2023 133.772 198.137 19 Slioiv eqLiipmcni Coinpuier quipm¥ni & titiings Totals COST At l October 2023 Addiiions Disposals 6,277 3,150 6,854 36,346 542,095 3.150 AI 30 Sepiember 2024 9,427 6,854 36,346 541.719 DEPRECIATION Ai l Ociober 2023 ChargL lor l'iar Eliminated oil disposal 6,276 1,051 2,254 1,820 29,665 6,069 19&885 42,400 1,8041 AI 30 SepiemL*T 2024 7J27 4,074 35,734 239,481 IYET BOOK IIALUE AI 30 SLpIL'mbEr 2024 2,100 2,780 612 302,238 AI 30 ScpiCmr 2023 4.600 6.681 343.210 Tangible fixed are primarily u%ed in the inanagernenl and adrnini.8trJtinii nf the CliJrit}' rather than fordirect charitable tKliNities. Pag¢21 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 12. FIXED ASSET INVESTMENTS Listed invLsim¥nis Unlisied invLsim¥nis Totals MIIRKET VALIIE Ai l Ociober 2023 Addiiions Disposals R¢'alUatiOnS 495,212 16,500 30 495342 16,500 1301 1301 AI 30 SepteMr 2024 555,496 555,496 NET BOOK VALUE AI 30 scp1Lmr 2024 555,496 555,496 AI 30 Scpicmtcr 2023 495,212 30 495.242 There were Th) invesiinent assets outside the LIK. Cosi or valuaiion di 30 SLpicmbLr 2024 is rLpfLSLntcd bv.. Listed investments VJliiotion in 2024 555,496 13. STOCKS 2024 ?023 Sto¢k5 16.066 14. DEBTORS: AI¥IOUNTS FALLING DUE WITHITrI ONE Tr'EAR 2024 2023 'I'rade debtors VAT 11,679 4,982 41,847 7,688 50.868 Prepaymenis and accrued income 71.673 Pag¢ 22 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 15. CREDITORS: AMOUNTS FALLING DUEWITHIN ONEYEAR 2024 2023 TradL crcdiiors Social Security and other taxes Other creditors Dclctrcd inLomL in adiance AccrLicd cxpcnscs 19,963 4.964 1,168 26,770 15,277 6.502 4,909 23.400 33.280 68,142 69.602 InLluded within LrediloTh 1% a baianLe tcilalling £26,77a12023 - £23.4001 relating lo deferred incotne. The LhJrity d¢f¢r5 income r¢latiiig to subsuiptioiis wid ¢xaininalion fe¢5 paid in advance. Ralance a5 at l Ociober 2023 AmoLinis rclLasLd io inLomL dLiring Ihe )'car AmoLinis dctcrrcd during Ihu >'L 23.400 123.4001 26.770 t3alanc¢ as at 30 September 2U24 26.77U 16. LEASING AGREEMENTS Minimurn lease pa}'rnents uiider non-cancellable opeTating leases fall due as folloM's.' 2024 2023 Withiii oli¢ >'ear Bel'tell one aiid five >'ears In rni?re five ye 2,339 2,-7.19 80,573 82.208 88,911 91.491 17. MOVEMENT IN FUNDS Net movement in funds Transfers bten tunds At 1.10.23 At 30.9.24 Unrestricted funds General tund Stoneleigh dilapidations EdiiLdlion and Hiisbandry, J I lopkins legao. tiiiid Apiary & Lducation Ceiitre 934,351 126,150 24,757 128,317 16,065 39,351 19,0811 5,500 964,621 131,750 30,857 IlJS,733 121,664 6,100 122.584 1,329.740 28,466 13,581 1,354,625 Restricted funds IMYB l.und 2,659 16,140 3,581 TOTAL FUNDS ,332J99 22,226 lJ54,625 Pag¢ 23 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 17. MOVEMENT IN FUNDS- continued N¥1 moi'crn¥ni in funds, includcd in thc atovc arc as lollows.. Kesoui'ces exnded Gaiiis and losses Movemeiit in funds resources Unrestricted funds General tund Lducation and I Iusbandry J Hopkins LcgaLy t'Lind Apidry & Education Cenlre 975,116 41,621 1979.549 {35,5211 122,58S 43,784 6,100 122,5841 5,599 14,108 1,030,846 11,046,164) 43,784 28,466 Restricted funds TMYB Fund 16,2401 16,2401 TOTAL FUNDS 1030.846 1.052 404 Compgr*tives for movemtnt in funds Net Inoi'ement in tunds 'I"ransfers beiwten tund Ai 1.10.22 At 30.9.23 Unrestricted funds Otiitral tund SionLILigh dilapidations EduLatii)n HUbldr}. J Hopkins l.¢gac}' fund Apiar). & Education C'tntre 928.094 120,750 26,081 11,757 15.5001 i,500 934.351 126.2iO 24.757 128.317 116.065 11,3241 122.6941 2.5561 ..144.i57 114,8171 1.329.740 Restrieted funds IMYB Fund 6,514 13,8551 2,659 TOTAL FUNDS 18.6721 .332.399 Pag¢ 24 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINANCIALSTATEMENTS- eontinued for the year ended 30 September 2024 17. MOVEMENT IN FUNDS- continued Comparativc nct movLmcni in tunds, included in it]c abovc arc folloi%'s.' Kesoui'ces exnded Gaiiis and losses Movemeiit in funds resources Unrestricted funds General tund Lducation and I Iusbandry J Hopkins LcgaLy t'Lind Apidry & Education Cenlre 947.440 42.546 1938.0.11 I 143.8701 {22.6951 2.348 1,757 11.3241 122,6941 2.ii6 5,355 995.342 11,012.5071 2.348 114.8171 Restricted funds TMYB Fund 13,8551 13,Si51 TOTAL FUNDS 995.342 .016.3621 2.348 1 8.672 General fund This fund represents free reserves to used b}, Ihe Lharily as it sees fil. Stoneleigh dilapidations Thcgc amounis havc bLcn dLsignatLd by the Trustces to Lovcr Ihc cosis of cxiling IhL IcasL on thc SionclLigh prop¢rtie5. EdutAtion and Husbxndry fund The arnounts included 14'ithiii the F.ducation and Husbaiidrv fund are Inonies rectived ¢0 fuiiher tlie charitable objeciiTres 10 expaiid ihe understanding of bees and beekeeping atid support education in schocTrls 'ere specitied. J Hopkins Legacy fund The ajnouiits included liere represent a large donation made to the organisatioii which have been iiii'ested in the deTrelopmeni of Ihe.4piary & Educaiion Centre ai Sioneleigh. the coslsot'hleh will be depreciated Otr 10 years. Apiary & Education Centre Thc amounts included in this tiind rclaic 10 monics rccLivcd io suprorl Ihc ongoing c4)SlS ot. Ihc Apiary & Educali()n C¢ntre al gt(intleigh. Restrieted IMTr'B Thi% fund inLlude% dmc)unt% d()nated i() enable.junior ekeeper% ts) attend the Inlemdti()iial Meetin¥ of Y()ung Betketrs. Pag¢ 25 ontinued...
THE BRITISH BEEKEEPERS, ASSOCIATION NOTES TO TIIE FINIINCIAL STATEMENTS- eontinued for the year ended 30 September 2024 18. RELATED PARTI. DISCLOSURES Thc Board ot. Triisiccs is considurcd io Ihc conirolling partv duc 10 its ability to intlucnLc Ilic opcrations and straiLgic diTcLlion ofihL ch8fiii. Thc LOMMlI0n of Ihisc individuals is disclostd in IhL noiLS 10 Ihc finanLial statements. Page 26
THE BRITISH BEEKEEPERS, ASSOCIATION DETAILED STATEMENT OF FINANC'IALACTIVITIES for the year ended 30 September 2024 2024 2023 INCOME AND EINDOWMENTS Donations and legaei£s tiifi aid Apiar> & Educaiion CcnirL lund RcsLarch tund General doiiation5 Asiaii I lornet fund 2,294 14,108 6,627 21,475 2.516 5.354 16.i69 48.295 69.870 72.734 Investment ineome Iiit¢resl r¢¢eivalil¢ 35,295 16.241 Charitable activities Capitaiion tccs Irom MLm"r AssoLiations Individual [nnher%hiP %uh8LYiptii)n Gift Aid t&x recotry Spring Coni'ention Examinations Board BBKA New5 AdN'erti%ing uthei puhliualion Other Lducation and I lusbaiidry Sp-xialisi mLmbcrs 582,396 48.129 6.644 69.?56 56.507 97.337 2.541 42.547 1,010 51,030 7.018 89,157 59,732 97,750 2.373 41,622 1,046 906.367 Total inroming resources 1,030.846 99i.342 EXPENDITURE Other trading aetivities Opening siock PuTLhases Closiiig stock 16,066 13,800 16,778 14,278 16.0661 17,408 14,990 Charitable activities Spring conLAtion Shows BRKA N¢ivs ENamination Board Mctnbci"s' insuranLC PubliLlty. promotion & mcmbcrs Tcgistraiion ApiaTh and E(IuLatioii Insurance- buildingloffice Fundraising cosis CrI¢d flir1¥d 81,976 14,434 324.126 66,619 8.810 -114.272 69.037 7.863 68.266 7.911 8.781 595 5)2.154 9J40 51,622 8.509 10,85S 2,285 573,703 This pa¥e di)es nul foTtn part of the stLllutur> fJnknLial statements Page 27
THE BRITISH BEEKEEPERS, ASSOCIATION DETAILED STATEMENT OF FINANC'IALACTIVITIES for the year ended 30 September 2024 2024 2023 CharitAble activities BroLiÈht torward Educaiion and Husbdndrv Researcli projects 573,703 24,808 38,958 6,240 21,809 552,154 32,749 43.657 3.1¢55 IMYB Asian HornLi lund 665,518 632.41% Support Costs Other Statycosis Social security Pen%i()n.4 Rent. facilities & other costs Posiagc and staiionLrs Pr()fes%i()nal fee Depreciation of tangible fixed a55ets 199,838 14,751 3.218 205.031 15.834 3.607 54.688 4.113 42,4011 5.498 330,697 338,i47 Governance costs Aiidiiors, remuneraiion 7,214 6,305 19,663 2,619 1,258 5.400 5,960 11.936 3.390 1.210 2.i14 n%uranLe F.xecutiiie & cotnmittee acliTritie5 Standing orders and gOtrnan¢t Accouiiianc>' tees Pn)fiULoss on sdle ufLtngible fixed asseis 38,781 30.410 l otal resources expended 1052 404 1016.362 Net expellditure before gains Ios5e5 {21,558 121,0201 Realised recognised gains and losses tiainOllossesl on tixcd assei ins'esrmen 43,784 2.348 et incomellexpenditure 22,226 18.6721 This pa¥e di)es nul foTtn part of the stLllutur> fJnknLial statements Page 28