REPORT OF TRusfELS AND Y)R KENT BEEKEEPEILS ASSOCIATION Sargeant Parthwship Limiled 5 White Oak Squar¢ Swanley BR8 7A0
KEL BEEKEEPERS ASSOCIATION CONTETS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 PaEe Report of the Trte I to 7 JndepeDthnt Exarntser'i Report StstsnRnt of FI*1 Acdvl¢k4 lllneè Shoet 10 to 11 Notss to the FIDknelal St•tements 12 to 18
KEI¥T BEEKEEPEKS ASSOCIATIOIY (REGISTERED NUMBER: (N)238630) REPORT OF THE TRUSTEES FOR THE YEAR ENDED SEPTEMBER 2025 Th¢ trustees who are also di£ of th¢ charity for the purw of the CoMpAnI Act 2[ present their rew>rt with the financial ststements of the charity lor the year ended 30 S¢ptembtr 2025. Th¢ tnLyt¢¢s have adopted the provisio of Accounting and Rekkniag by Chatiiies: Statement of ReCOended Practice applicable io charitie$ Freparing th¢ir accounts in accorthce with the FinAncial Reporting Standord applicable in the UK aryl Republic of Jreland (FRS 102) {efflIVe l January 2019). OWEcfivES AM) ACTIVITIFS ObJe¢tlve8 and atmi The obj¢¢liv¢s of the Company tn delivering il's activities in bcekeepmg and ethKation of the pub]ic on bees And pollination ar¢: - To promole and furth¢r the mft of beekeeping. - To Support and encouTage good b¢¢k¢eping husbanthy, m8na8ement and thcation by atrangtng courses and sponsoring ¢xaminatioDS iu Ixekeq>in8 proficiency. To advan¢¢ thc scienc¢ of apiculture and promote awaren8 of the public in th¢ ¢nvironm¢nta] and economic import8nce of bees. In further8nc¢ of the alw th¢ Company 13 affiltaled lo the British Bcekeqxrs AsY]&ti1)n (BBKA) And arranges courses to encour4ge gLX)d be¢k¢epu)8 husbandry and management &9 well &9 sp)tJ80ring 811 manbers who pass th¢ BBKA asse&4ments And examinations in beekeeping profictency. A 11 deal of effort is also put into increasing public awar¢ne5s in the environm¢nl. thc vital importance of t¢3 in pollination and the many benefits of lTh¢y. Beekeepcrs ar¢ encouraged to tske the BBKA examinati(ffi8 10 Incre& iK)th their kTK)wledge and efficiency in th¢ craft and encoura8emeni is given to improve detextion and treatsnent of bee di8¢08¢s by ixekeepern. The Company also provid&8 advocacy. advice and inforniation to th¢ wider public aLt and (rther flying insects as well raising awarene&9 of thc tlweats tr) wllinalors in gcnfftl. PubM¢ belleflt The Tnte have consu]t&l the guidance made avoilable by the Charity Commi88ion for F.n8land and Wales on th¢ Public Benefit requirement of the Charities A¢t 2011. The Trustees are confident that they have Complied with their duty under section 4 of the Chariti¢8 Aci 2011 in that thry have had due regard to publi¢ ixllcfit guidan¢¢ published by th¢ Commi&8ion Wh exerci8ing any tM)wer8 or dutiag to wFLith the guidgnce is relevant. Pa8e I
KENT BEEKEEPERS ASSOCIATION (REGISTERED NUMBER: IVI238630) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACHIETrTMENTS AND PERFORMANCE Charitable a¢tlvlties Ikning the yeAr to 30 Septembu 2025. the Ci)mpany had 1,217 (2024.. 1234) Mem1Tr. The Company, largely through the WOTk of its Branches. wths with schools. scouts and local communities lo raise public aw8rene58 of b¢ekeeping by promoting and educating th¢ benefits of beekeeping throu display8> dem(ynstrations and infornialion stands at local thows. fetes and lectwe visits. The Comp9ny play8 a leading role in the organisation and 5m[shIP cach year in the showing of honey and other hivc products and the beekeepingthoney relal¢d ¢omp¢tition at the Kent County Show. The numbtt of show and comFrtition cl&55es were successfully maintained for 2025. Th¢ Company also pait1clteS eh year in th¢ organisation and sp)nsorship of the Kent Classes in the N&tional Honey Show each Autwnn and athlitionally our Branches hold their own I(1 honey show& Branches of Kent B¢ekyer8 Association (KBKA) provide support and assistance lo teochers in k¢eping b¢¢$ in $¢hool8 and providing b¢cs for education. All Branches hold regular meetingg of their members. Bronches also w¢l¢ome and help new¢omer$ 1¢grn about beekcepin8 through talkn, )lUreS. ¢v¢nts 8nd training 8e5sion8 alons with visits to participat¢ in the Bran¢h apiaries lo give pra¢iical demonstrations on bee hllSbdry and hive mBnagement. Branches parti¢iPa in. and contribute to, Ioc41 ev¢nts aTranged by other ¢onununity groups ai which they rais¢ th¢ ptTJfile of beekeeping in all its many asp. The Company is ¢fropera¢ing with the National B¢¢ Unit and with Asign Hornet A]ert to edu¢al¢ the public aboui a[ defend against the establishment of asian hornets in the county through awareneys campAign$ gnd the Companys scheme to match-fimd approved Branch initiativeB in fighting this invasive species. The Company worked clo8¢ly with K•]1 Scouts on the'Big BUZL Prowlmd during the last quarler of 2024 8nd early part of 2025, involving 8 range of activities. for ail age group$, learning al)llt beeg and asian hornets which progressed to a range of actiirytics, including funthaising, towBrds each scout being able to ¢orn a scout 'Bi8 Buzz, badge. Followin8 this ¢lose collaborntion, the Compony participared at the 54ay Ku)t Int¢rnAtional Jambor¢¢, which attended by ov¢r s,0 scouts and fiwther contributed to rnising the profilc of beekeeping in all its many aspects as w¢ll as the aw8T¢tYss of the threat to pollinats)ts from the invasion of Yellow legged asian hornets ('Asian Hornets'l. M¢mbers of th¢ Company's Shows committ supported the Kent County Agricultural Sociery Living Land Event, at the Kent 8h(M8round whi¢h wa8 attended by over 3.0 primary school children. The year saw 22 (2024..26) KBKA member5 tsking 8nd pMs8ing v]05 BBKA q&susments and examinations in be¢keq)ing profi¢i¢ncy. The Branches undertake a wide ran8e of fiuther work including swarnl colltiOn srrices. asian hornet monitoring and apiory-based activitia. All activities are canied out by memb¢rs on a voluntary basis. The Tnjstees thank them all for tkir ci)mmilrnent throughout the year. Branch submissions ¢ontinu¢d lo be digitsl this year and Branche8 he embrncal digitsl eReturn2 manberthip payTnents. Page 2
KEKf BEEKEEPERS ASSOCIATION (REGISTERED NUMBEIL. 00238630) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 FiDallei•l •nd risk mn#gemeDt The Council addresses relevant health and safety malters at each meeting and has asyessed the major risks to which the Company is expos. BTanches hAV¢ their own apiaries and have procedures in place to promote safety to members. visitor5 and the gentral public. Procedures reTr]ew to ensure all itheeping activities are ¢onduct¢d in a saft rnat]ner. The CoMpanS fJnanci&l objective is to maintsin long¢r terni s1V$ funds to generate investment growth that is sufficient. when addoj to the rest of the Company's income to cover total expenditure. including the funding of initiatives to fulfil the ComponiOs key objective5. The Council 8eeks w obtain a reasonable return on its surplus funds whilst retaining flexibTlity of ae$S should unforeseen expfflditure arise. iAinger temi surplus are invested in low risk ivent funds for both capitsl and in¢ome and shorter term 8urplu8 funds are Pled on deposit. Rates of retlwn are miewed regularly to NLgure that satisfactory market rates are obtaine Accounts are kept and compiled lo a8Si5t Council lo fvlfil ils respon8ibilitie& of financial Pnmlence and for the preparation of the required financial statements from the accounling recordg of the Company in accordan¢c with generally accepted aUntIng practice. The Accounts of the individual Branches are each check¢d annually by tndewdeni Examinws at a local level. The consolidated accounts of the Company are compiled annuxlly from the individual Branch accounts and the ac¢ounl8 covering the County itself. The annual ¢onsolid8ted a¢¢ounts are then reviewed and thkxked by 8n Indwdent Exomincr. The Dire¢tor5 are sat1sfi that 8ysl¢ms are in place to mitigate the relevant risks and risk 83scssments are prepared for all activiti¢s, FNANCL REVtEW Thc tncome & Expendrture Account show9 a net strplus, before taking into account unrealised gains on insnents, for the year lo 30 sepMb 2025 of £9,170 (2024.. £3.175) 8ri5ing from totsl income for the year of £12&016 (2024.. £127,783) whilst total expo)ditur¢ for the year amount¢d lo £118,846 (2024: £124.608). unreAliS gains on investments for the year arnounted to £12.715 (2024.. £680). pr¢]ng movement in funds for the year lo 30 September 2025 of £21,885 (2024.. £3,855). Apiary and other activities for the year to 30 September 2025 show a contribution of £10.627 (2024.. £1.319) compri8ing incom¢ froTn Apiary AT]d other activtti¢s this year of £62,787 (2024: £49.653) with exp¢nditure from Apiary pnd other activities of £52,160 (2024.. £48.334). Readlness and awarene88 actiwiti¢8 for the yellow-l¢gged asian hornet for the year to 30 Septanbcr 2025 show a nel income of £380 (2024.. net cost of £14,546) compristng Asion Hornet funding income this ye4r of £4.331 (2024.. £5,041) with Asian Hi)rn¢t exndItU of £3,951 (2024: £19.587). Th¢ Balance Sheet as at 30 S¢plember 2025 show$ retsined rese of £296.662 (2024.. £274.777) largely made up of Investh]¢nts of £139,563 (2024.. £123,848), bank balances of £124,261 {2024: £109,670) &8 well &8 tangible fixed &8sets of £34,039 (2024- £39,161). The Company meEts its financial objective5 and h&8 the financial resilience to continue to operate for the foreseeable tUre and is able to pay its debts, spending on ils charitable pu09¢$. &5 they fall due. The finances of the Company trmain in a strong position which in this inInglY volatile world will etLable it to respond appropriately to new chall¢nge& Pa8e 3
KENT BEEKEEPERS ASSOCIATION (REGISTERED NUMBER: 002386311) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 FurtYRE DEVELoPLENTS The Directots will continue actively to promo th¢ objectives of the Company by organising lectures, seminars, COUTK8. show competitions and demonstrations &8 well working with Kent Scouts, schools and other local groups. Th¢y Consider that the present level of fill]ng is adequate to 8UPPOrt the wntinuing objectiY¢s of the Companyj and this is kept undcr regularreview. The arrival of the Asian Homd in the UK has led to sip)ificant activity by the Company in raising awareness of the problem and in fighting this ¢hollenge. This has crcated a significant incr¢w in expenditure and thi8 inereased level of expthditure is likely lo continue be incuffed in the n¢xt few years by the Company &q it Teacts to the moving Situation. The Company is continuing its work 10 8uprA)rt honey bees atml btheFT5, impmve the standard of beek¢¢pinB and to promote understanding and importance of honey bees. MembeT3 of KBKA are also inylTumental in raising awar¢n¢ss of the iM[anCe of increasing the divfflsity of cultivated and wild plants that arc 8uitsble for encouraging wllinalors and the Company 15 continuing to suprrt)rt this locally in the hope that this will en¢ourage greai¢r number5 of pollinators and result in an ij)creose in >th honey bee3 and the diversity of plants. The TTUStces will continue to place Si11ficant emphasi8 on th¢ eduClOn and tsxining of manbers. A wide range of Cour will continue to be offered to the membership to brtttden the skilis base available within each BranclL STRucfuRE. GOVERNANCE AND MANAGEMENT The Company is r¢gistered as a Chariiable Company limit&1 by rante¢ without share capital Bnd WAS set up by a Memorandum of Association. The 8ovemancc of the Compyny ¢onyist8 of a Council and twelv¢ Branches. these are Ashford, Bromley, Catttethry, Dartford, Grnvesend, Mid Kent & Maidston¢ & Swale, Orpington, SevA04k5 & Tunbridge Wells, Sid¢up, Weald, W¢sLerham and Ivhitstsble & Hern¢ Bay. The Council has up lo 30 Dir¢c¢ors (also known as TNsle¢s) comprised of up to 6 &PFM)inted officer5 ond up kn 2 representatives from each Branch. The managemeni of the Company is the responsibility of the Directorn who are elected under the temis of the Articles of AsslAtion. The Articles of Associalion auth0ri8e the Trusiees lo make and hold inveslments ing thc general funds of the Company without restriction. tmplementation of the objcctives is the responsibility of the Council. whi¢h meets peri(xli¢ally during each year. The appointed officers and Branch represenlatives (m the Council are Directors of the Company. The Council elects Dir¢ctors onto a number of ¢ommittees to implemcni th¢ COMWS 11¢1£9 and to urtdert8k¢ vaTiOUS management and administrati duti.. Executive & Finance Committee, Shows Committee and EdUtion & Examinations Con)mittee. REFERELYCE AND ADMtNISTRATIVE DETAILS Retered Compiny number 00238630 (England and Wales) Regtstered Charity number 222946 Page 4
KE1 BEEKEEPERS ASSOCJATION (REGISTERED NUMBER: 00238630) REPORT OF THE TRUSTEES FOR THI YEAR ENDED 30 SEPTEMBER 2025 ReEhtered offi¢e 23 Kintys Road Tonbridge TN9 2HB Thiste The following Directors and Trnstees served throughout: James Cash Steven Clarkson Shirley {Ann¢) Clifton-Hol¢ Peter Cobl¢y David CL%kburn Julie Coleman Christopher Comthwaite Mi¢h¢lle Elliott Clifford Ha)ward Martin Hemmin8 James Knights Sushelagh Knights Michael Lindsay Siephen Pritchards David Re4 Roger Simpson Robert Smith Anthony Trinick Ern&%1 (Keith) Unduwood Tony Warren The following Directors and Tsle4 wer¢ appointd. Nicholas de Smith 7 Januory 2025 Ivan Ixhitiey l Febnw 2025 David Keepence 4 FEbrU 2025 David Wood 4 March 2025 Dez Leach 16 November 2025 Jacqueline Mccann 20 November 2025 tan Burr 29 January 2026 Keith Mt5 5 Febnwy 2026 Th¢ following Directots and TTU5tees rejiwd: Atm Blackbum 23 October 2024 David Wood 4 January 2025 Kim F]et¢her 7 January 2025 FJnily madd 8 January 2025 David Wood 29 (ktokr 2025 Jatlles Cash 5 Febnwy 2026 Pag¢ 5
KENT BEEKEEPERS ASSOCIATION (REGISTERED NUMBER: 00238630) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEFfEMBER 2025 REFERENCE AND ADMINISTRATTVE DETAILS CompAtty Secretary S W Clatkson IDdepettdent Ex*mlner Joanne Brown FCCA Sargeant Parthership Limited Chartered Accountanis S White Oak Square LofyAon Road Swaniey BR8 7AG DIREcfoRS AfiD TRUSTEES INFORMATION The Directors and Trustees at the d&te of this reiN)rt ar¢.. Roger Simpson (Chair) David Rea (Vicfrchair) Steve Clarkson (General Secretary & mberShIp S•) Chri8 Cornthwait¢ (County Treasurer) Al1¢ Clifton-Holi & Michael Linthay (Ashford) Martin Hemming & Ivan Whitley (Bromley) David Corkburn (Canierbury) Steve Priichards & James Knights (DBnford) Michelle Elliott & Tony Watrcn {CJrAvesend) Dez tnch & Keith Undenyood {Mid Kent) J#¢.ki¢ Mccann & Tony Trinick (Orpington) Cliff Hayword & Su¢ Knights (S¢veno8ks and Tbridge Well8) Bob Smith (Sidcup) Nick de Smiih & Davc Keepen¢e (Weald) Keith M&8ters & Peter Cobley (Wcst¢rham) lun Burr & Julie Coleman (Whit5table And Herne Bay) Page 6
KENT BEEKEEPERS ASSOCIATION (REGLSTERED NUMBER: 00238630) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 STATEMENT OF TRusfEES' RESPONSIBILITIES The Dire¢tm and TnteeS are responsi1¢ for preparing the Report of the Trustees And the ffftan¢io1 ststemenls in aCcorc with appli¢able law and United Kingdom AcrA)unting Standards. The law applicable to eFltieS in England and Wa1&4, the Chariti¢s Act 2011. Charity (Accounts and Reports) Regulations 2(K18 requires th¢ Trystees ¢0 prepare financial stathents for efh fingncial year which give A fair and true view of the slate of affairs of the Company and of the surplus or deficit of the Company for that periiyj. In prqwing these financial sta*ments, the directors and diLeeS have.. - Se]teA suitable lunting poltci&s and appli them consistenilys - observed the methods and principles in the Charities SORP . mad¢ judgements and estimat¢s that are Teasonable Bnd pruden - statcd that appli(¥ble accounting st8ndard8 have been followed - Prepared the financia] statementq on a wing concern basis. The Directors And Trustees have overall responsibility for ensuring that the Company h&8 an appropriale system of controls in plac¢ both financial and othen¥is¢. They Also acknowledge that they are r&8punsible for k¢q)ing proper accounting Tecord8 which digc108e with re080nable accurncy at any time the financial position of the Company and which ¢nable them to CTL8ure that the fllwicial statetnents comply with the Companies Act 2(X)6 and the Chorities kni 2011. They also acknowledge that thry are responsible for Safeing the ussels of the Company and hence for tsking reanable Steps for the prevention and detection of fraud and other itregularities. 23hJ5r2028 AFprov¢d by order of the board of trustees on ............................................. and Siwd on its bthalf by. S W Cl8rk8on- Tntee Page 7
INDEPENDENT EXAmER's REPORT TO THE TRUSTEES OF KENT BEEKEEPERS ASSOCIATION IndepeDdellt examiner's rrt to the trtee& ofKent B*ke¢perg Ajwciation ('the CoMpY I rewrt to the charity trustees on my exa]naon of the a¢c(Amts of the Company for the year 30 Septembtt 2025. Respottslbllltles and bas18 of report As the chatiWy 5t8 of the Company (and also its ditOrS for the pwwses of mpany law) you ar¢ Tesp)nsible lor the ptepardtion of the aecounts in accordgn¢¢ wtth the requirem¢nt8 of the Companies Act 2006 Cthe 2006 Act?. Having satisfied my8elf the roun19 of the Company are nol r¢qutred to be audited undtr Part 16 of the 2LK16 A¢t and are eligible for indeFtndent examin&tion. J report in respect of my examinatioll of your harity'5 accounts as catried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my ex8minallon I have followed the Dir#lions giv¢n by the ChaTity Commission und¢r Section 145(5) (b) of the 2011 Act. Independell¢ exwnlner'l ttAtement I have completed my examination. I confllin that no matter8 have come to my att¢ntion in connection with the uamination giving me cauye to believe.. a¢unting rccords were not kept in respect of the Comparty as rwuired by Section 386 of the 2006 the accounts do nor with those records; or the accounts do not ¢¢)mply with the accounting r¢qtsiremen¢s of Scction 396 of the 2Tr)6 Act othtt than any requiraDeni that the &CUnIS give a ttue and fair view which is not a matter considered &s part of an indepcndcnt examination. or the Aecounts have not been preparèd in &crdSncc with the methods and principles of the Statement of Re¢ommended Practice for accounting and rel1n9 by charities (appli¢&bl¢ lo charitie5 pr¢paTing their a¢¢ounts in accordance with the Finwciai Rel1ng Stsndard appli¢able in the UK and Republic of treland (FRS 102)). I have no concern5 and have c(xne ro$S no other matters In connection with th¢ examination to attention thould be drnwm in this rem in ord¢r to enable a prop¢r WMlaBtanding of the aoUnts to be r¢ached. Joanne Brown FCCA Sargeant Pafineryhip Limited ChaTtered Accowltants 5 IVhil¢ Oak Squore London Road Swaniey Kent BR8 7AG Page 8
KENf BEEKEEPERS ASSOCIATION STATEMEiYf OF FINANCIAL AcrIvTrIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Unrestricted Total Notes INCOME AI¥D ENDOWMENTS FROM DonatioJk4 and legwies 12,073 10,417 Chathble Actfviti ChAritable Activity 113.398 101.979 tnvestment income (her incorne 2545 2J87 13,0(M) Tota] 128,016 127,783 EXPENDrruRE ON Ch*rltsbk 4¢dvltkn Charitabl¢ Activity 118,846 124,608 ET INCOME Other reeoiDIMd 8•InO0#e•} Gains on r¢valuution of FLY 858¢ts 9,170 3,175 12,715 Net movement In 21,885 3,855 RECONCILIAI'ION OF FUNDS Total filluls brou1 forward 274,777 270,922 TOTAL FUNDS CARRIED FORWARD 296.662 274,777 CONTINUING OPERATIONS All activities relale to continuillg operntions. The notes f£ part of these fllwicial statements Page 9
KENT BEEKEEPERS ASSOCIATION (REGISTERED NUMBER: 00238630) BALANCE SHEET 30 SEPTEMBER 2025 2025 2024 Unrestric] Total Note5 FIXED ASSETS Tangible assets Jnvcstments 34,039 136563 39,161 123.848 170,602 163.009 CiiRRENT ASSETS Stocks Debtors Cash At bank and in band 5,454 768 124.261 571 109.670 130,483 115238 CREDITORS Amounts fallin8 due within on¢ year io (4.423) (3,470) NET CURRENT ASSETS 126,060 111,768 TOTAL ASSETS LESS CURRENT LIABILITIES 296,662 274,777 NET ASSETS 296,662 274,777 li Unrestricted funds 296,662 274,777 TOTAL FUNDS 296,662 274,777 Th¢ charitAble company is entitled to exemption from audit WLder Section 477 of the Companie8 Act 21M)6 for the year ended 30 septetllb 2025. Th¢ members h&ve Thot required the company to obtsin an audit of its financi statements for the year ended 30 SeptetDb¢r 2025 in 8ccordancc with Section 476 of thc compani Act 2006. Th¢ trw8tees acknowledge thelr responsibilities for {a) ensuring that th¢ charitsbl¢ company keeps accounting record8 that comply with Section8 386 and 387 of the Companies Act 2006 and (b) preparing fingncial statements which give a trne and fair view of the $tate of affairs of the choritable mpany as at the end of Ch finallciai year and of its 8urplus or deficit for each finallcial year in accord with the requirements of S¢ctioftL$ 394 and 395 atmi which oth¢Thvise comply with the Tequirements of the Companies Act 2(M)6 latill8 to fllwicial Statents, so far applicable to the charitable compgny. The notes form part of these financial statements Pag¢ 10
KENT BEEKEEPERS ASSOCIATION (REGISTERED IWMBEIL. 01)238630) BALANCE SHEET- continued 30 SEPTEMBER 2025 Theae fillanci statement8 have been epared in accorda¢ with the provisions an)licabl¢ ¢0 djaritsble The fiD8n¢ial 81atell wete apwivol by relUtion of the Board of Tru8te¢8 and authorised for i8sue on l51QlI.........................,... and were SI on its behalf by. R D Sinwtt. Thte¢ 6 9 C J Cornthwaite. Trustee The notes forni part of thcsc financial statemet Pa8e 11
KENf BEEKEEPERS ASSOCIATION NOTES TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 30 SEvfEMBER 2025 AccouNfiNG POLICILS Bath of pr¢pArlng tbe finaDeial ststementg The fmancial statements have been prwed under th¢ histori¢al cost convention. with tbe exception of investtLents which are includ¢d at market value. h4ve be prepared in accordance with the Charitics SORP (FRS 102) 'Accounting and Rwting by Charities.. StataDent of Recommended Practice applicable to charities prepating their accounts in cordanCe with the Financi Reporting Standard applicable in the UK and Republic of treland (FRS 102) {effectiv¢ l January 2015),, Financial Reporting Standard 102 'The Finoncial Rqting Standord applicable in the UK and Republic of treland, and the Companies Act 2006. Income All in¢om¢ is recognised in the Statement of Financial Activities once the charity entiilemeni lo the fund4 il is probable Ihal th¢ income will be received and the amount can be measured reliably. Expenditure Liabilxlies are reCOlS¢d tts expMditure as Bs there is a legal or constructive obligation commitling the chariry to that expenditur4 il is probable a transfer of economi¢ benefits will be required irt settloneni and the amount of the obligation ¢an be me&sured reliably. Expenditure is accounted for on an &rualS b18 and ha8 been cl&8sified under headings thai aggregate E411 c051 related to the category. Where costs cannot be diT(*tly allributed to Pgrticulgr headings they have been allocated to activities on a basis con$i8tenl with the 8C of resources. T$nble fixed aiMts DeptlIn is provided at the following annual rntes in ordcr to write off eh assei over 118 estimat useful life. Equipment Trophies at varying rates on cost and ai variable rates on ftlucing ba]ance 33Vo per annum on cost Tangible fixed asscts are initially recognis¢d at cost or are volued when they come into the Company and thereafier stated at cost less d¢Wlation. Freehold Land is not d¢pre¢iated. Depreciation is provid on all other ituns of tangibl¢ a8sets at rat¢8 80 as to WTite down their carying value. to their estimat r&8idu81 value. over their expected U8eful exonomic lives. None of the freehold land hdd by the Company has been foir valued since th¢ date of acquisition. Revaluatio8 will be canied out if the Company believes that the carrying value has l)¢UL impairwl. Sto¢k¥ Stock 18 initiA]ly reeognis¢d at Cost and subsquently is valued ai the lower of cost 8nd net realisable value, after making due &llowance for obsolete 8nd slow moving itans. Taxatlon The charity is exen)p¢ from wporation on its charttsble activities. Company 8t8tlls The Company is a Comppny limilol by guardlltee. Th¢ members of the Company are the Tnte¢S natned on Page 6. tn the ¢veN of the Company being wound UP? th¢ li&bility in respect of the guarantee is limited to £1 per meMir of the Company. Pag¢ 12 colltinu...
KENT BEEKEEPERS ASSOCIATION NOTES TO THE FINAI¥CIAL STATEMENTS- continued FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACCOUNTING POIICIES. conthiued Fund aecounlJng All the Company fiumls are general fimd8 whith unrrstrict¢d fimd8 available to be used in acc(mIance with the charithble objectives at the discretion of the Tnte¢s. loveJtmeDts FiJ(ed et investments 8re showm on the balance sIt a¢ their fair valw. Li3td investtnents are valued 8t their open market value as at the ba]ancc sheet dale. Any change5 in fair value rECO8nised in the Sia¢ement of Financial Activities in th¢ period in which they arise. INVESTMENT INCOL¥iE 2025 2024 Dividend Income tTrterat Income 1.395 1.150 1,329 1,058 2,545 2,387 NET LNCOMFJ(EXPENDITURE) N¢t income/(expendi¢ure) 18 slated afier Chargin(CredIting). 2025 2024 Deprlotion . langible fixed Sets inves¢Jnents Tealised InVlment gains 8,345 5,453 (13,000) 13,680 12,715 TRUSTEESI REMUNERATION AND BENEFITS Dwing the year no Directors or Trttee$ received any remunerdtion or other benefits (2024: £NIL) ¢x¢epl for a small bonorarium being paid to each of the General Secretary. Membership Secretary, Tru•tses' ¢xpenie$ During the ye8r, Directh and TnLStecs were reimbursgj £85 (2024.. £157) for exp¢ns¢s incurred. Page 13 ¢ontinued...
KENT BEEKEEPERS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS- coDtlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES Ut)rcstri¢ted INCOME AND ENDOWMENTS FROM r10n8 and le8aci¢s 10,417 Ch*rit8ble aetlvitiei Llwitable Activity 101.979 InStMent income Other income 2,387 13.0(KJ Total 127,783 EXPENDfTURE ON Charltable acthpldos Ch&itable Activity 124.608 NET INCOME Otber re¢oEnlsed 841noI) Gains revaluation of fixed as5et8 3,175 680 Ne¢ movement In funds 3,855 RECONCILIATION OF FUNDS Total fjJnds broughi foThvard 270,922 TOTAL FUNDS CARRIED Y)RWARD 274.777 Page 14
KENT BEEKEEPERS ASSOCIATION NOTES TO THE FINANCIAL sTATEmES- ¢ontinu¢d FOR THE YEAR EI¥DED 30 SEvrElBER 2025 TANGIBLE FLYED ASSETS Fr¢¢hold land Equipment Trophies Totals COST Ar l (ktober2024 Additions Re¢la98ification 24254 3223 (31 15.360 44.614 3,223 At 30 Seplemlxr 2025 5,0 27,474 15,363 47.837 DEPRECIATION At l October 2024 CTharg¢ for year 5,453 4537 5,453 8,345 3,808 At 30 Septemkn 2025 3.808 13,798 NET BOOK VALUE AI 30 September 2025 5.0 17.484 11555 34,039 At 30 Septanber 2024 18,801 15,360 39,161 FIXED ASSET INVESTMENTS Ulted UnllBted InVtments Investm¢nts 2025 TotAI 2024 Tot81 At l October Investtnfflt Gains Inv¢8tments Sold 123,847 12.715 123,848 12.715 123.168 13,680 {13.000) At 30 September 136,562 136,563 123,848 There wae no investtnent &8sets out8ide the UK and net bcrf)k Value 18 market value. Th¢ listu] 8ecuriti¢s are in Charities, Cotnmon Inve8tmen¢ FutLd8 {M&G CharIfid aThl BNY MellonWew¢on Global Growth Fund). The unlisted Curity 0)MFKiS 2,326 £1 Ctthnary Share$ in Bee Crnft Limited. a company rwstered in England and Wale5> representing 38.V/o of the issued share ¢8Pital of the Company. In view of th¢ non mgA¢tability of the shares and the lack of any return there0 their value is conSided lo be negligible. Page 15 continue<L..
KEIYT BEEKEEPERS ASSOCIATION NOTES TO THE FllYANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 SEPTEMBER 2025 STOCKS 2025 2024 Stc¢ks 5,454 4.997 DEBTORS: AMOU5 FALLllYG DUE IrHIN ONE YEAR 2025 2024 Trade debtot5 Other debtors Prepayinents 158 413 48 720 768 571 10. CREDrroiLS: AMOUNfs FALLll¥G DUE wrrEtll¥ ONT YEAR 2025 2024 Trade creditors Other ¢T¢dilors 1514 2(K) 2,709 1555 165 1,750 4,423 3,470 11. MOVEMENT IN FUNDS Net movement in fund$ At 1110124 At 3019125 Ullrertrteted hndi <kn¢ral fimd 274,777 21.885 296,662 TOTAL FUNDS 274,777 21,885 296,662 Nd movement in fund8, inrludal in the above are &A follows: Incoming Resources Gains and Movement loss¢s in funds Unre$tri¢tsl fund5 General fund 128,016 (118,846) 12.715 21,885 TOTAL FUNDS 128,016 (118.846) 12,715 21,885 Page 16
KENT BEEKEEPERS ASSOCIATJON NOTES TO THE FINANCIAL STATEMElYtS. eonthiued FOR THE TrTAR ENDED 30 SEPTEMBER 2025 11. MOVELIIENT IN FUNDS. conttsued Comp4r*tiva for m0vent In fundg Net movem¢nt ill funds At IiiOll3 At 3019124 Unrejtrieted 270,922 3155 274,777 TOTAL FUNDS 270.922 3.855 274,777 comparati nel movement in fund4 includgj in the above are as follows.. tncominB Resources Gains and Movement expendal losse8 Ullre$trteted fun 127,783 (124,608) 3.855 127,783 (124,608) 680 3,855 A curr¢ni yw12 month5 and prior ycNr12 month8 Lmbined pojition is follows: Nct movement in fiulds At Iiior23 At 3019125 Unrutrlcted fwith Cer4[ fiu 270.922 25,740 296,662 TOTAL FUNDS 270.922 25.740 296,662 Page 17
KENT BEEKEEPERS ASSOCIATION OTES TO THE FINANCIAL STATEMENfs- eoDtinued FOR THE YEAR ENDED 30 SEiyfEMBER 2025 11. MOVEMENT IN FUNDS- eonthiucd A current yeor 12 months and prior ye¥r 12 months combined net movenwit ID fijnds. includal in the abDve are &s follows.. Incoming Resources Gains and Movement losses Unregtrigted funds 255,799 {243,454) 13.395 25.740 TOTAL FiiNDS 255,799 (243,454) 13,395 25,740 12. RELATED PARTY DISCLOSURES DuTing the year, the Company subscribed to publi¢atiOJL8 amounting to £18.800 {2024: £19.307) from the Compan$ unlisted Vrity. Bee Crnft Limited. These publications were purchased on an arn18 length basis. Thoe were no amounts outstanding to or from the Company at 30th September 2025 (2024.. £NIL) Ixwing th¢ year. the Director3, Steven Cjarkson ond David Cockbun4 were both & di[lor of the Company's unlist•l 8ecwity, Bee Crafi Limited. r¢Stered in England and Wale8. On 9 Novunb 2025. David Codtburn resigned and christoph Cornthwaite was appointed 88 a Direct(r of Bee Craft v,imit. 13. ULTIMATE CONTROLLING PARTY The Council of Thlstees 18 c(widered lo b¢ the controllin¥ paty due to its ability to influence the 0rationS and strategic direction of the Company. The compensotion of these individuals is d1103cd in note 4 to the financial statcmcnl8. Page 18