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2025-12-31-accounts

Company number: 00601207 Charity Number: 206062

The British-German Association

Report and financial statements For the year ended 31 December 2025

The British-German Association

Contents

For the year ended 31 December 2025

Reference and administrative information ...................................................................................... 1 Trustees’ annual report .................................................................................................................. 2 Independent examiner’s report ...................................................................................................... 9 Statement of financial activities (incorporating an income and expenditure account) ................... 11 Balance sheet ............................................................................................................................... 12 Notes to the financial statements ................................................................................................. 13

The British-German Association Reference

and administrative information For the

year ended 31 December 2025

Company number 00601207
Country of incorporation United Kingdom
Charity number 206062
Country of registration England & Wales
Registered office and 34 Belgrave Square, London, SW1X 8QB
operational address
Trustees Trustees, who are also directors under company law, who served
during the year and up to the date of this report were as follows:
Mr Peter Barnes Chairman
Mr Duncan Johnston Hon Treasurer
Dr Sybille Steiner Hon Secretary
Mr Paul Stocker Resigned 14 July 2025
Ms Miriam Thiede
Mr Andrew Gilchrist
Ms Annika Falconer
Mr Nick Scherer
Ms Elisabeth Mainelli Appointed 20 January 2025
Dr Tara Talwar Windsor Appointed 14 July 2025
Company Secretary Dr Sybille Steiner
Independent Jonathan Orchard
examiner Sayer Vincent LLP
Chartered Accountants
110 Golden Lane
LONDON
EC1Y 0TG

1

The British-German Association

Trustees’ annual report

For the year ended 31 December 2025

The trustees present their report and the financial statements for the year ended 31 December 2025.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association, the requirements of a directors’ report as required under company law, and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remain focused on its stated purposes.

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

Aims and Objectives

The objects of the British-German Association are, for the public benefit:

Progress towards these objectives

During 2025, the Board of Trustees continued to pursue the strategy for the BGA formalised in 2022. In particular, we continued to make progress towards our goal that the BGA should become the civil-society hub for British-German issues in the UK, in each of our five main areas of activity:

2

The British-German Association

Trustees’ annual report

For the year ended 31 December 2025

As a result of successful fundraising during 2025, the Trustees in September 2025 adopted a modified strategy that would involve recruiting two new full-time equivalent staff. The new strategy is based on four pillars which we are calling Reach, Learning, Communities and Public Policy. The implementation of the new strategy was delayed by the severe illness and untimely death of one of our two staff members, Arne Muus, whose loss we feel deeply. We will therefore report on the implementation of the new strategy in our report for the year ending 31 December 2026.

1. Forum and Events

Events

In 2025, we organised a total of 30 member events plus 5 fundraising events. We continued our partnership with the LSE German Society, allowing our members access to the LSE German Symposium. We hosted discussions on a number of important current affairs topics: we had pre- and post-discussions around the parliamentary elections in Germany; we discussed Germany’s new government in an era of global challenges; and we invited two authors, who had published new important books on Germany’s economy, to talk about their insights. As part of our Climate Action Series – a joint event series with our sister organisation in Germany, the Deutsch-Britische Gesellschaft - we organised an event on innovations and challenges in e-mobility. We also hosted three online events on music and film, including a discussion with the techno marching band MEUTE, the creative director of Longborough Festival Opera on their upcoming production Wahnfried as well as a discussion with Andres Veiel, director of the documentary Riefenstahl. Furthermore, we invited our members to a talk at the British Library with their Curator for German Literature. We were given tours of the Warburg Institute and the FCDO building. At events, members learned more about the German Business Hub and the history of St Georges Lutheran Church and Little Germany in London. We also visited the National Gallery and had a curator-led tour of German art work as well as a guided tour of the Foreign, Commonwealth and Development Office.

We celebrated important cultural landmarks, such as a Spargelabend, an Oktoberfest, and our annual Carols and Readings with the Christuskirche. We also hosted a talk by baker Jürgen Krauss about his latest Christmas cookbook. Jointly with the Civil Service Network for German, we hosted a number of Stammtische (informal get-togethers in a pub), and we celebrated the birthday of our Royal Patron,

3

The British-German Association

Trustees’ annual report

For the year ended 31 December 2025

the Duke of Kent, with an online discussion about his life’s work, for which we partnered with other charities who enjoy the Duke’s patronage.

Our fundraising and networking events included a Neujahrsempfang at EY in London for the German finance community, a Medal of Honour Ceremony at the German Historical Institute London, the Prince Friedrich of Prussia lecture at Apsley House with art historian Neil MacGregor, an event hosted at the European Bank for Reconstruction and Development hosted for us by the outgoing director of Germany, Dr. Michael Offer, as well as a reception with the Deputy Head of Mission at the German Embassy, Christian Doktor, at the London home of one of the BGA’s Trustees.

We also began to introduce a series of events aimed at our U35 membership. These kicked off in early 2025 with a networking reception hosted for us by one of our corporate sponsors – NORD/LB – at their London offices.

For the first time, we organised an event in Edinburgh, where Angus Robertson spoke about what we can (and can’t) learn from German federalism.

All our online events are now freely accessible to our BGA schools. And almost all our informational events are recorded, and can be accessed via our website at no charge: https://britishgermanassociation.org/past-events/. All recorded events are also available on our new YouTube channel: https://www.youtube.com/@bga2024_bga

Newsletter

We continued our monthly newsletter, in the same format as the previous year, with a section on other BGA activities, focusing on our schools and regional work, our social media post of the month, the Word and Quiz of the Month, and the information on third-party events.

Membership

From 689 paying members at the beginning of the year, we grew to 760 by the end of 2025. Of these, 212 (28%) were aged 35 and under, and 264 (34%) were based outside London. We continue to attract prominent people from a wide range of professions as members.

During 2025, we increased the Patrons’ Circle from 14 to 15 members, each paying the BGA (including donations) at least £1,000.

Social media

During 2025, we increased our communication via social media. In addition to advertising our events, other activities and key third-party occasions, we posted almost daily on recurring topics: #WhyLearnGerman, #TwinningTuesdays, #FunFactFriday, and #OnThisDay and #GermanLinksQuiz.

During the year, we increased our followers from 1,817 on X and 1,717 on Facebook at the start of the year to 1,878 and 2,198, respectively, at the end of it. Our new Instagram account, had 205 followers at the beginning of the year and 370 at the end of December. Our new Bluesky account had 253 followers at the end of the year. On LinkedIn, our followers have increased from 880 in March 2025 to 1295 at the end of the year and we have 94 subscribers on YouTube. The German Embassy

4

The British-German Association

Trustees’ annual report

For the year ended 31 December 2025

in London and the UK Embassy in Berlin regularly reposted our content.

2. BGA Schools and German Language

BGA Schools

During 2025, the BGA Trustee responsible for our Schools work, Paul Stocker, retired after ten years of service, during which time we expanded our schools network from around 80 to around 550 schools. We are most grateful to Paul. Paul’s place on the Board was taken by Annika Falconer, the former Head of Modern Languages at a leading secondary school. In addition, Dr Tara Talwar Windsor, who was responsible for promoting diversity in the Cambridge University German Department, joined the Board to advance our work with universities. Annika and Tara were able to mitigate the setbacks to our work in this area caused by the final illness of Arne Muus, mentioned above.

Collaborations

During 2025, we continued our collaboration with the Goethe-Institut and UK-German Connection, with regular trilateral meetings between the organisations. Together with them, we participated in German Career Roadshows, German Teacher Days, and a number of events as part of the German Embassy’s initiative “Making the Case for German”.

We continued to work with the Association for Language Learning, the British Academy, the British Council, the Independent Schools Modern Languages Association, the Association of School and College Leaders, in order to persuade the Government’s Curriculum and Assessment Review of the importance of modern languages in a modern education. The final report of the Review acknowledged the concerns that our group had raised.

Additionally, we continued our collaboration with the Dresden Trust to offer Dresden scholarships to pupils in BGA schools.

During the year, we also sought collaborations that could help us increase the educational range and depth of our events programme. We started or deepened joint events with, inter alia, the Leo Baeck Institute London, the International Association for the Study of German Politics, and Queen Mary’s Mile End Institute.

3. Town Twinning

Regional Representative Network

During 2025, we continued to support our network of voluntary Regional Representatives, who act as the BGA’s primary point of contact with British-German town-twinning associations. We held roughly quarterly online meetings of our Regional Representatives. We also started research for a new towntwinning strategy, which we aim to finalise in 2026.

5

The British-German Association

Trustees’ annual report

For the year ended 31 December 2025

4. Regional Partnerships

We continued to encourage the strategic partnership between Greater Manchester Combined Authority and the Regionalverband Ruhr, which we had initiated in 2021. In particular, we participated in an Innovation Summit, hosted by Andy Burnham in Manchester in September 2025. The discussions between the Liverpool City Region Combined Authority and Hamburg, which the BGA helped to initiate in 2021, were finally formalised into a partnership in 2025. Hamburg has chosen Liverpool as its Regional Partner for its 837[th] Port Anniversary in May 2026.

We also continued to encourage other regional authorities in the UK and Germany to explore the possibility of regional partnerships.

5. Government and Parliament

During the year, the BGA engaged with a growing number of MPs and peers interested in the bilateral relationship, particularly members of relevant Parliamentary Groups and Committees. The bilateral Kensington Treaty, signed in July 2025, encourages greater civil-society involvement in bilateral issues, and the BGA hopes to take these forward once the Treaty has been ratified.

Scotland

During the first half of the year, Arne Muus continued to increase the BGA’s presence in Scotland, working closely with the German Consulate in Edinburgh. Following Arne’s death, this part of his role has been taken on by our voluntary Edinburgh Representative, Ross McEwen, Ross represents the BGA on the Scottish Parliament’s Cross-Parliamentary Group on Germany, and engages with a wide range of other Scottish stakeholders on the BGA’s behalf.

Governance and Personnel

As mentioned above, Paul Stocker left the Board in July 2025 after ten years’ service. Annika Falconer, who had joined the Board the previous year, has since taken full Board responsibility for our work in schools. Dr Tara Talwar Windsor joined the Board in July 2025 to lead our work with universities. And Elisabeth Mainelli, a former Lady Mayoress of London, joined in January 2025 to lead our work with the Patrons’ Circle.

Dr Tamara Aberle continued to lead our work with members and on events. During Arne Muus’s final illness, we engaged Megan Oakes on a temporary contract to take on our social media and research work. We also agreed terms to recruit Rafe Courage, a former HM Consul-General in Düsseldorf, to a part-time role overseeing our work with Regions and town-twinning associations. However, Rafe did not start his new role until January 2026.

Peter Barnes - Chairman

British-German Association Date: 22 March 2026

6

The British-German Association

Trustees’ annual report

For the year ended 31 December 2025

Risk management

The Trustees have identified the major risk to which the charity is exposed as being the need to raise sufficient income to cover management costs, including salaries incurred to meet the charitable activities. These risks have been addressed partly by seeking donations from individual members, partly by aiming to more than cover direct costs on most events and significantly with a major donation from an individual who has not previously made a donation. The Association reviews results periodically during the year.

Financial Review and Reserves Policy

A substantial individual donation received in FY20 (£186,000) has underpinned the finances of the BGA since it was received. This donation allowed the Trustees to extend the range of the BGA’s activities to increase the charity’s social impact and public benefit. Total expenditure increased from £126,187 in 2024 to £147,750 in 2025.

Revenue exceeded expenditure by £220,963 after accounting for gains on investments. As a result, total funds increased from £364,725 at December 2024 to £585,687 at December 2025.

In 2025, the BGA benefited from generous donations from the Schroder Foundation, Goldman Sachs Gives and Patrons’ Circle income (16 Patrons in 2025) as well as smaller donations and membership income.

The Trustees policy is to increase reserves as the activities of the charity grow. The Trustees aim to hold sufficient reserves to ensure business continuity and to provide a contingency for unforeseen developments.

The Trustees are working to increase engagement with potential donors with a view to broadening the base of donors.

Plans for future periods

The Trustees aim to maintain the scope of the charity’s activities in 2026. The Trustees will look for suitable opportunities to expand activities. The Trustees aim to maintain reserves at a level consistent with the scope of activities.

Structure, governance and management

The organisation is a charitable company limited by guarantee, incorporated on 25 March 1958 and registered as a charity on 11 August 1970.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 6 to the accounts.

7

The British-German Association

Trustees’ annual report

For the year ended 31 December 2025

Statement of responsibilities of the trustees

The trustees (who are also directors of The British-German Association for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 for Individual Members and £5 for Corporate Members to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The trustees’ annual report has been approved by the trustees on 11 May 2026 signed on their behalf by

Duncan Johnston Honorary Treasurer

8

Independent examiner’s report To

the trustees of

The British-German Association

I report to the trustees on my examination of the accounts of The British-German Association for the year ended 31 December 2025.

This report is made solely to the trustees as a body, in accordance with the Charities Act 2011. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees as a body, for my examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity trustees of the Company you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’)/Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011 (‘the 2011 Act’).

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

9

Independent examiner’s report To

the trustees of

The British-German Association

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Name: Jonathan Orchard FCA

19 May 2026

The Institute of Chartered Accountants in England and Wales Address: Sayer Vincent LLP, 110 Golden Lane, London, EC1Y 0TG

10

The British-German Association

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 December 2025

Forthe yearended 31 December 2025 Forthe yearended 31 December 2025
Unrestricted
Note
£
Income from:
2
216,993
3
103,560
5,727
169
326,449
4
116,959
116,959
12,489
5
221,979
221,979
Reconciliation of funds:
324,955
546,934
Total funds carried forward
Net movement in funds
209,490
Total funds brought forward
Net gains on investments
Net income for the year
Total expenditure
Net income before net gains on
investments
Charitable activities
Donations and legacies
Charitable activities
Investments
Other
Total income
Expenditure on:		 Restricted
£
29,775
-
-
-		 Endowment
£
-
-
-
-		 2025
Total
£
246,768
103,560
5,727
169		 Unrestricted
£
64,766
64,021
2,767
535		 Restricted
£
32,860
-
-
-		 Endowment
£
-
-
-
-		 2024
Total
£
97,626
64,021
2,767
535
326,449 29,775 - 356,224 132,089 32,860 - 164,949
116,959 29,960 831 147,750 93,327 32,860 - 126,187
116,959 29,960 831 147,750 93,327 32,860 - 126,187
12,489
209,490		 -
(185)		 -
(831)		 12,489
208,474		 12,684
38,762		 -
-		 -
-		 12,684
38,762
221,979 (185) (831) 220,963 51,446 - - 51,446
221,979
324,955		 (185)
27,769		 (831)
12,000		 220,963
364,724		 51,446
273,509		 -
27,769		 -
12,000		 51,446
313,278
546,934 27,584 11,169 585,687 324,955 27,769 12,000 364,724

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 17a to the financial statements.

11

The British-German Association

Company no. 00601207

Balance sheet

As at 31 December 2025

As at 31 December 2025
Balance sheet		 As at 31 December 2025
Balance sheet		 Company no. 00601207
Note
£
Fixed assets:
10
11
Current assets:
12
2,102
13
32,732
131,123
165,957
Liabilities:
14
(18,128)
17a
546,934
Total unrestricted funds
Total assets less current liabilities
Restricted income funds
Unrestricted income funds:
Endowment funds
General funds
Stock
Debtors
The funds of the charity:
Creditors: amounts falling due within one year
Net current assets
Total net assets
Investments
Cash at bank and in hand
Tangible assets
Total charity funds		 2025
£
1,177
436,681		 £
2,194
8,054
121,677		 2024
£
31
253,925
437,858
147,829		 253,956
110,768
165,957
(18,128)		 131,925
(21,157)
546,934 324,955
585,687 364,724
585,687 364,724
11,169
27,584
546,934		 12,000
27,769
324,955
585,687 364,724

The opinion of the directors is that the company is entitled to the exemptions conferred by Section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge the following responsibilities:

Approved by the trustees on 11 May 2026 and signed on their behalf by

Duncan Johnston Honorary Treasurer

12

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

The British-German Association is a charitable company limited by guarantee and is incorporated in England and Wales.

The registered office address is 34 Belgrave Square, London, SW1X 8QB.

The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

The charity meets the definition of a public benefit entity under FRS 102.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the date on which a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

13

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

i) Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £250. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

 Computer equipment

3 years

k) Listed investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading “Net gains/(losses) on investments” in the statement of financial activities. The charity does not acquire put options, derivatives or other complex financial instruments.

l) Stocks

Stocks are stated at the lower of cost and net realisable value. In general, cost is determined on a first in first out basis and includes transport and handling costs. Net realisable value is the price at which stocks can be sold in the normal course of business after allowing for the costs of realisation. Provision is made where necessary for obsolete, slow moving and defective stocks. Donated items of stock, held for distribution or resale, are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

n) Cash at bank and in hand

14

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

p) Financial instruments

2 Income from donations and legacies

Income from donations and legacies
Donations - cash
Donations - in kind*		 Unrestricted
£
192,993
24,000		 £
29,775
-
Restricted		 2025
Total
£
222,768
24,000		 Unrestricted
£
40,766
24,000		 £
32,860
-
Restricted		 2024
Total
£
73,626
24,000
216,993 29,775 246,768 64,766 32,860 97,626

3 Income from charitable activities

Income from charitable activities
Corporate subscriptions
Individual subscriptions
Gift aid
Events activities		 Unrestricted
£
20,000
40,504
32,871
10,185		 £
-
-
-
-
Restricted		 2025
Total
£
20,000
40,504
32,871
10,185		 Unrestricted
£
10,000
31,085
8,034
14,902		 £
-
-
-
-
Restricted		 2024
Total
£
10,000
31,085
8,034
14,902
103,560 - 103,560 64,021 - 64,021

15

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

4a Analysis of expenditure (current year)

Analysis of expenditure (current year)
Staff costs (Note 6)
Other staff costs
Premises*
Other office costs
Website costs
Youthbridge
Events activities
Independent Examiner fees
Legal fees
Depreciation and amortisation
Other
Governance costs
Total expenditure 2025
Total expenditure 2024		 Charitable
activities
£
88,013
397
24,000
4,202
5,325
1,386
11,814
-
-
309
8,695
Governance
costs
£
-
-
-
-
-
-
-
3,000
34
-
575
3,609
(3,609)
-
-		 2025
Total
2024
Total
£
£
88,013
72,812
397
387
24,000
24,000
4,202
3,678
5,325
4,169
1,386
2,792
11,814
13,194
3,000
2,400
34
34
309
247
9,270
2,474
147,750
126,187
-
-
147,750
126,187
144,141
3,609
147,750
126,187

16

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

4b Analysis of expenditure (prior year)

Analysis of expenditure (prior year)
Staff costs (Note 6)
Other staff costs
Premises*
Other office costs
Website costs
Youthbridge
Events activities
Independent Examiner fees
Legal fees
Depreciation and amortisation
Other
Governance costs
Total expenditure 2024		 Charitable
activities
£
72,812
387
24,000
3,678
4,169
2,792
13,194
-
-
247
1,919
Governance
costs
£
-
-
-
-
-
-
-
2,400
34
-
555
2,989
(2,989)
-		 2024
Total
£
72,812
387
24,000
3,678
4,169
2,792
13,194
2,400
34
247
2,474
123,198
2,989		 126,187
-
126,187 126,187

17

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

This is stated after charging / (crediting):

This is stated after charging / (crediting):
2025 2024
£ £
Depreciation 309 247
Independent Examiner's Fee and other services fee (excluding VAT) 2,500 2,000

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Social security costs
Employer’s contribution to defined contribution pension schemes		 2025
£
84,241
1,856
1,916		 2024
£
69,105
2,012
1,696
88,013 72,812

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).

Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £63.70 (2024: £0) incurred by 1 (2024: 0) members relating to attendance at meetings of the trustees.

7 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 2 (restated 2024: 2).

8 Related party transactions

There are no related party transactions to disclose for this financial year.

Aggregate donations from related parties were £0 (2024: £0).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

9 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

18

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

10 Tangible fixed assets

e year ended 31 December 2025
Tangible fixed assets
Cost
Eliminated on disposal
At the end of the year
Net book value
At the start of the year
At the end of the year
At the end of the year
Additions in year
Disposals in year
Depreciation
At the start of the year
Charge for the year
All of the above assets are used for charitable purposes.
At the start of the year		 Computer
equipment
£
2,101
1,455
-
Total
£
2,101
1,455
-
3,556 3,556
2,070
309
-		 2,070
309
-
2,379 2,379
1,177 1,177
31 31

11 Listed investments

Listed investments
Fair value at the start of the year
Net gain / (loss) on change in fair value
Disposal proceeds
Fair value at the end of the year
Additions at cost		 2025
£
253,925
557,460
(387,193)
12,489		 2024
£
246,390
500,313
(505,462)
12,684
436,681 253,925

The Trustees invest the funds of the charity in short-dated government securities. When each security matures, the proceeds are reinvested.

Investments comprise:

Investments comprise:
UK Government Treasury Bills
12
Cash
Finished goods
Stock		 2025
£
436,681
110,310		 2024
£
253,925
65,382
546,991 319,307
2025
£
2,102		 2024
£
2,194
2,102 2,194
~~19~~

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

For the year ended 31 December 2025
13
2025
£
32,732
32,732
14
2025
£
1,104
506
5,504
11,014
18,128
15
2025
£
Balance at the beginning of the year
14,642
Amount released to income in the year
(14,642)
Amount deferred in the year
11,014
Balance at the end of the year
11,014
Taxation and social security
Creditors: amounts falling due within one year
Prepayments and accrued income
Debtors
Accruals
Deferred income
Other creditors - Pension
Deferred income (note 15)
Deferred income comprises membership income relating to 2025, received in advance in 2024.		 2025
£
32,732		 2024
£
8,054
32,732 8,054
2025
£
1,104
506
5,504
11,014		 2024
£
3,475
446
2,594
14,642
18,128 21,157
2024
£
9,015
(9,015)
14,642
11,014 14,642

16a Analysis of net assets between funds (current year)

Analysis of net assets between funds (current year)
Net assets at 31 December 2025
Tangible fixed assets
Investments
Net current assets		 General
unrestricted
£
258
436,681
109,995
Restricted
£
-
-
27,584		 Endowment
funds
£
919
-
10,250
Total funds
£
1,177
436,681
147,829
546,934 27,584 11,169 585,687
16b
Tangible fixed assets
Analysis of net assets between funds (prior year)
Net current assets
Net assets at 31 December 2024
Investments		 General
unrestricted
£
31
253,925
70,999
Restricted
£
-
-
27,769		 Endowment
funds
£
-
-
12,000
Total funds
£
31
253,925
110,768
324,955 27,769 12,000 364,724

20

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

17a Movements in funds (current year)

e year ended 31 December 2025
Movements in funds (current year)
Total restricted funds
General funds
Unrestricted funds:
Total unrestricted funds
British-German Officers' Association
Restricted funds:
BGA's schools programmes
Endowment funds
Sir Frank Roberts Memorial Fund
Prince Friedrich Lecture Fund
Total funds		 At 1 January
2025
£
10,000
2,000
Income &
gains
£
-
-
Expenditure
& losses
£
-
(831)
Transfers
£
-
-		 At 31
December
2025
£
10,000
1,169
12,000 - (831) - 11,169
26,241
1,528		 29,775
-		 (29,960)
-		 -
-		 26,056
1,528
27,769 29,775 (29,960) - 27,584
324,955 338,938 (116,959) - 546,934
324,955 338,938 (116,959) - 546,934
364,724 368,713 (147,750) - 585,687

The narrative to explain the purpose of each fund is given at the foot of the note below.

17b Movements in funds (prior year)

Movements in funds (prior year)
Goldman Sachs Gives programme
Total restricted funds
General funds
Total unrestricted funds
British-German Officers' Association
Unrestricted funds:
Prince Friedrich Lecture Fund
Total funds
Sir Frank Roberts Memorial Fund
Restricted funds:
BGA's schools programmes
Endowment funds		 At 1 January
2024
£
10,000
2,000
Income &
gains
£
-
-
Expenditure
& losses
£
-
-
Transfers
£
-
-		 At 31
December
2024
£
10,000
2,000
12,000 - - - 12,000
26,241
1,528
-		 22,860
-
10,000		 (22,860)
-
(10,000)		 -
-		 26,241
1,528
-
27,769 32,860 (32,860) - 27,769
273,509 144,773 (93,327) - 324,955
273,509 144,773 (93,327) - 324,955
313,278 177,633 (126,187) - 364,724

21

The British-German Association

Notes to the financial statements

For the year ended 31 December 2025

Purposes of endowment funds

The Sir Frank Roberts Memorial and Prince Friedrich Lecture funds were endowed to provide income for the funding for annual memorial lectures.

Purposes of restricted funds

The BGA'S school programmes is to support the charity's Youthbridge(schools programme), German language promotion programme, educational programmes and other student services.

Donations under the Goldman Sachs Gives programme and Mortiz Jobke are to support community outreach & enrichment programmes.

The charity is a company limited by guarantee and has no share capital. In the event of winding up the liability of each member is limited to:

22