COM￿nY RegistrAtion Nth 739676 (England aDd Wales)
Cb4rlty R¢Kls¢ra¢lon No. 260942 (England Wales)
BRITISH POULTRY SCIENCE LIMITED
DIRECTORS, REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Ili'.i)(11'1's1111 Black I. l.-.D

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
P•g•
Directors. R8port
Indop8nd•nl Examingrfs Report
sta18m￿t of FSnan¢l•l Actlvlties
And Ini>Jmo and Expendlture Attounl
Balaft￿ Sheet
Nol•8 to tho Flnandal Slal•m•nts
8-13

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The directors P￿Sent their annual report ond financial statomonis for the ye8r end8d 31 Decemb•r 2023.
Thg financial stateménts have been pr&pBred in accordanc8 wlth Ihe accounting pollcies sot out In Th)t• 1 to Ihe
a¢eounts and comply wlth the Memorandum and Artides of Associatlon. the Compani8s Act 2006. The Charities Act
2011 and Accounllng and R•porting by Chan￿*S.. Stalemenl of Re¢ommended Practice applic0￿e lo charill88 pr¢parlThJ
their accounts in accordanco with the Financi81 Reporting Standard 8ppllcable In ihe UK and Républ￿ of Ireland IFRS
1021 leffectlve 1 January 20191- Charltles SORP IFRS1021, and The Financial Rewhng Standard applicable In the UK
and Republ1¢ of Ifaland IFRS 1021.
OblKllv•• And Actlvttl•• for th• Publlc B•n•fit
The principal oblecllve and mctlvlty of th• company eonllnu•s lo be the Promofjon of poultry sclènce by dlsseminallng
research flndings throjgh the publlcallon of a journal and tho award of educational gr8nl$ to Indlvidual8. The Irustoos
¢onffimi they hyve referred to the guldance ¢ontalned in the CharSty Commlsslon's genèral guidance on publ1¢ b•n&fft
whèn reviawng the alms and oblectlves and In plannlng future athllles and satting the granl maklng poI￿Y for the year.
A¢hl•v•m•nts and P•rf¢rn)an¢•
Tho company has eonlinued to promote poulty 8dence by publlshlng res•arch flndlngs in Its ￿uma1 and by awarding
travgl grants to indlvSdu¥l8 and Small prolecl grants to oth8r educational establshments, Detailg of SLtb8¢dpfjons for the
y•8r ar¢ shown in r￿le 3 10 tho 3¢￿Unt3. Det8ils ol awards made are shown In not8 5 to the accounts.
Fln•n¢l•l R•vl•w
Th8 Stalemenl of Fln8n¢lal Actlvllles for tho ￿Or •nd8d 31 t>e¢embeT 2023 Shows net Income ￿lOre 9oln$ or k>sses c
Inv88tments of £13,11312022 net income before gglns or IoBBes on Inve81monts £25,7091. The Slaltrmenl ol Flnanclal
Activltleg show8 8 nel mov8m8nt in fund8 01 £8,96012022 net movement in funds 01 £15.2841. Fixed 888et inv•stmonts
are shown In th8 balance $ho81 at falr value a8 detall8d In noto 9. The director8 ¢on4d8r flnan¢lèl poslllon of the
company lo b8 S8tl8la¢tory.
R•••rv•• Poll¢y
Tho d1￿ctorS considor the held should be malntalned al around 3 to 5 Ume8 Iho amount ol annual Incom8. The
amount ol r¢8erves held 18 £463,07812022 . £454,118) a8 d8tallod In thg Ilnonclal slalem•nl8. Rg8orva8 are m8intaln
10 Secure the luWro flnanu*l vlabiif¢y of Iha charfty.
Inv••lment Poll¢y
The dlrectorn have consldered Ihalr pollcy for Inves￿n0 lunds and have conduded that the currant Investm8nl8,
d8slgned for iha chaTIty seclN, continu8 to meet requirements, providing $atlsfactory levelB of incom8 and long term
capital
Rlsk R•vl•w
Tha dlrectors hovo revlewtd U)e major risks io whlch the company is eKpo$ad and th& syslems In FAaeo to mrtlgate
these risks. Given th& nature and aims ol thé compony, it has concluded that Ihero arg no slgnificanl exlemal funding
rlsks al pre8onl. Authortsation and rèview proc8duros are in pL2ce lo minimisfr Inlgrnol rfsks and Ihe ￿Un¢11 h88
onduded th8t th&$& COn￿nUe to operate satr¥f8dorily.

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2023
Structur•, Gov•manc• and M•n•g•ment
Gov•rnlng Documènt
Bribsh Poulty Science Limiltd 5$ a private company limit•d by guarantèts. not havirvJ a Sha￿ capit818nd is govemod by
memorandum and articles of asso¢i8tion and company18w. It 1$ registered 88 a charity with the Chafity Commission,
registrnt￿l n￿lber 260942.
Org•nlsatlonal Stru¢lur•
British Poultry sc￿nCe Limited 18 contr￿1¥￿ by the 8oard of 011gctors as elected by th• m•mbers ol the Company. The
DIr￿t01$ are 8180 ch8rity trustees for thg purposes ol ch8nty law. Thg Joint Editors and Scianlffic Copy Edltor 8re not
•li9iblè to serve as Dir¢ctors and matter8 Such as their honorari8 aro dgdded by the Board of Dlr8ctors. Dire¢tor8
remunaration Is detailod In note 6. Admini3tr8tSon of the charitable 8$p8cts of Iha company is ¢ontrdled by the Council
ol Managament, which con$i$ts ol th& OirectOTS, Socretary plus the Joint Edllofs. Pollcy Is 801 by Ihesg tsvo bodSe8.
ImplernontBtr'on of pollcy Is Ih&n ¢Jolegaled to the bu8Snes$ commlttee, whSch conslsls of 80me DITeclor8, tho Sfjcrntary
and tho Jolnt Edbtor8.
Appolnlm•nt of Dlr•¢tor•
Dlr8ctOTS are normally apw'nted al the AGM 9￿h yoar.
R•f•r•nc• •nd •dmlnlstratlv• d•t•lls
Company R•gistralion Numbor..
739678 (England and Wale81
Charlty Reglstratlon Numbèr..
260942 (England ¥nd Wakn81
Rogistered Offi¢•.'
Brftlsh Pouw Sc19n￿ Llmlle(I
Inlemation81 Hou$¢
61 Mo$ley Slrgot
Monchester
M2 3HZ
BuslnessAddrnss.'
Roslin In81ilule
Univorsity of Edlnbur9h
East&r Bush, Midlothian
EH25 9RG
IndO￿ndent Examln8r.'
Matthew SITUthers BA CA
Henderson Black & Co
22 Crossgate
Cupar
KY15 5HW
Bankers..
Bank of Scolland
Teviot House
41 Soulh Gylè Crescenl
Edinburgh
HSBC UK
City Offica
PO Box 85
Cambridge

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Olr•¢to
Tho followlng dlre¢tors hav• hold office sinc• 1 January 2023..
G K 8ag90tt
MMB8in
R Bedford
J S Bentlèy
WBèss•l
E Burton
A Buttenvorth
ICDunn
D Gu6m&ne
P KonleGzka
N Mory&n
G M P&sb'
VPirgozliev
ABMRaJ
J Rotsgrts
8 Rodenbu
V S&ndil8nd$
NA M Sleeckx
N H C Sparks
B Svlhus
J Taylor.Flck8rd
N Yang
R Zhao
IResvJned 19 Sept&m￿r 20231
I￿OInt•d 25 August 20231
I￿OInted 25 Augu8120231
IAppolnt•d 26 August 2023
(Rasigned 19 August 20231
(Appolnled 25 August 20231
C•mpany S•Gret*ry:
G A Mlgr48
Jolnt edltor•:
J B Kla•r Ito July 20231
SPRose
O Malika
S¢l•ntlflt Copy Edltor:
L W8ldron

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
DIRECTORS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
St•t•m•nt ol Trust••s Re¥pon$lbllltl•s
The tru61ees Iwho are dirèctors of Brrtish Poulty Sdenco Llmited fof th& purposes of c(xnpany lawl arè rnsponsibltr for
preparing the trustees. annu81 repNt and the financial ststemanis in accordanee wth appll¢able law and re9ul8tSon8.
Company law r￿U1reS the tru51ees to prepare flngndal slalemgnts for each financial year. Under that law the trustees
hav• elected lo prepafe the finanelal staternenls In accordancè vAlh Uniled Klngdom Generally Accepted A¢¢¢KJnllng
Praclico (United lQngdom Accounllno Slandards arKI applirable lawl. Un¢Jgr company law the trustees must not approv8
the financial stateThnts unl$$$ Ihey are ￿tr"$fi¥d that they givè a true and 18lr view ol the stalo ol affairs of the Charitable
company and of ihe incom¥ and expenditurè of the charil8blè company lor th81 perlod. In prgparfng these finandal
Statements, th* trustee8 are required to:
Select $uit8bl8 8ccountlng policies and thon oppty Ihem conglstgntly..
observe th8 mthod8 and prtncipl8s in Ihg Charities SORP;
make ludg8m•nts and 8ccounling estimat&$ Ihal are rea5￿￿￿1￿ and prudent..
gtate whethèr applicable UK Accountsng Stsndards have be¥n followed, to gny mal•rfal d8Parture8
dlsclosèd and &xplained In tha financial slatomgnts..
prepare th• flnancial statements on the wlnp ￿ncern ba81s unl•$$ rt 18 Inappropriate to presum• thot th
charitsble Company wlll contlnua In buBln&ss.
Tho InJ8l•e8 ara re8pon8lbl• for keeFdng adwuata accounllng r•¢ord8 that are suffl¢lanl lo show and explain th
charitable company's Ir8n38cllons and dis¢lose wlth reasonable aecuracy at any lime tho flnandal po811ion of the
charltable ¢ompany and en8blè Iham to ensu￿ Ih8t the financial $lat8m8nts comply wlth tha Companles Acl 2006.
They are also responsible for 8af8guarding the 8S$&t$ of the charity and hance for laklng re8sona￿e steps th
preventlon and d•locdon of frau*J and olher iTregul8witi•$.
8m•ll ¢omyny •x•mptlon
Thi$ roport hos bèèn prep8r8d In a¢￿Idanc* vAth the 8pedal provl8lon$ r•laUng to Sm81 compan￿3 ￿thIn Part 15 of
the Companlgs Act 2006.
y ordèr ol t￿1￿ on 20 May 2024
lor- Pick d I
Dlr•ctor
olrmanl
GA
ioraf
S•cr•tary

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
OF BRITISH POULTRY SCIENCE LIMITED
I reFKJrt ￿ the oe¢wnts of thg ¢hartty fortho yoar •nded 31 D¢£èmb•r 2023 whl¢h arg sel out on pages 6 to 13.
R••p•¢llwi r•spon¥lbllltl•• of tho tru•t••s and •x•mln•r
The ¢hariV5 truslees (who are 8150 dlrectors of the ￿mpanY lor th• purposes of cornpany lawl are r8spon$itAe lor
Ihe preparatlcffl ol the accounts. Tha trustees consicler that an audll 1$ not required for thi3 y¢or under secbon 144 of
lh• Charities Act 20111the Charilks Act) and that an Independenl examlnation is n￿lled.
Havlno 18tl8fl8d my88W thal tho thartty 18 not subJg¢t ty #udh undef company law Bnd 15 ell91b￿ for Independent
8¥8rninallon, It18 my responslbility lo..
oxamlng th• ae¢tyJnt$ undor 145 01 th8 CharfJes Act.
fdlow tha procedur¢B 18ld Il(trwn In the general Dlrertbnj given by the Charlty Commilslon und•i S8ction
145(5llbl ol the Ch8ntie$ Ad.,
Stats whelher wrb'eular matt•rs hove comg to my ott•nth)n.
Th18 r*port 1$ made to the trust0￿ In acLiJrdance wth the lèm18 01 my •NJag8manl. My WO￿ ha8 been undertgk•n 80
Ihjl l rnlght 8tal• to the tru81ees Ihose rnAttèrs l am r•qulred to 8ts1? to thgm In an Ind•pend8nt e¥arnln•rfs rgpsyt and
lor no other purpo￿. To the fijllesl exlenl pernlttgd by law, I do nol accept or aJ$um¢ rèsponslbilty lo anyone other
Ihan the tru81998 for my w)rk or fcrf Ihls report.
8a•li ol Ind•p•nd•nt •x•mln•ff• r•port
My examinatlon WAS earrtad ￿Jt In 8ccordanc8 wllh g$n8ral Dlrectlon8 gfven by the Chadty Commls8K)n, An
•xaMIna￿On Indudgs a r&vi•w of the accounting record¥ ktrpl by the charfty and a ccffjp•rison of Ihè acc￿nts
pr•$•nted wlth th08e record8. It also Indud8s con81der8llon ol any unu$uo1 Ilems or d18closure$ h thè aeeounts, and
888king trxplan&tion$ from you as trusltes eonceming any 3u¢h mBttgr#. Tha pr¢>c8duro8 undertaken do not pro¥Ad? a
th• eYld¢nco that would be rgqulred In an audlt. and consequently no opinion is giv•n as to whether the accounts
pr•¥enl a'tr￿ and fak vlovl and tho re￿1 IlmK8d to tho88 matters Bet out In Ihg stalgmÈnt b81ow.
Ibxl•p•nd•nt •xamln•e• #tst•m•nt
In ￿nne¢tiOn wlth my examlnatlon, no mattar has eom• to my attentk)n'.
Whlth gN•$ me rga8onable c8ug¢ lo beI￿v9 that In any mat•rbal r•6pect the reqUlreTh￿nts'.
to kéep A¢￿￿￿11ng rKord¥ in aetordAnca wlh S8ction 386 01 the Cornpaniè8Act 2006., and
to pr8pare actwnts whlch accord ￿th the accounting r8cord5 and compty ￿th Ihe accounting roquirernents gf
Sectlon 396 of the Cornpan48s ALI 2006 and wllh the melhod3 and prindpb3 or thg St•tom8nl of Recornmended
PractSce'. Accounting and Reporting by Charilles
have not been m01.. or
To whl¢h, in my opinlon. attentlon shwhl be drawn In ordar to ènablè 8 Pfop•r understandlng ol the a¢¢4unts
bo roached.
M•tth•w Stfuth•r•, BA CA
Partn•r
H•ndortyon Black a Co
Ch•rt•r•d Accountant•
Ed&nbank House
Cupar
Fifg
KY155HW

BRITISH POULTRY SCIENCE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND
EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unr•strfct•d
•nd
Tot*1 funds
U￿￿trICted
lund*
2023
Total fvndA
2023
2022
Nol•s
Incom• from..
Ch•rlt*bl• aetlvltS••
Royatties 8nd ¢ornmissh)n
Conlribulon8 iowards Costs
Inv••tm•nt Incom•
Diwdend8 rg¢9ivad
Bank Int8r•8t rocolv•d
71,557
4,010
71,557
4,010
70,385
10,010
10.283
3,028
10,283
3,028
9,982
165
Total Inctsm•
13
8B,878
88,878
,542
Exp•ndltur• on:
Ch•rlt•bl• a¢tlvltl••
Grgnls and donadons
other ch•rithbl• 8xpen¢Jllur
11,596
64,169
11,598
84,189
8.884
55,969
Total •xp•ndMur•
13
75,765
75,765
64.833
N•t Incom• b•for• g•ln• *nd l¢)w•
on In¥Mtrn•nt•
13,113
13,113
25.709
N•t Ilo••y9aln ¢)n In¥•#lm•nt•
14,1531
14,1531
{10,4251
M•t Ineom• and n•t mov•m•nt
In fund
8,960
15,284
R•conclllatlon of fund•.
Tothl fund8 brought forw•rd
454,118
454.118
438,834
Tol•l fund• earrf•d forward
463.078
463,078
454,118
Statemenl of Flnaw¥l A￿'￿t￿95 indude5 all gains kjsses reco9nised in the year.
All inwme and expendllur8 ￿er￿e from continuin9 activith85.

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Flx•d a•••ts
Tangible 8$88ts
Invostmnts
172,581
176,734
172,586
176.739
Curr?nt ••••ts
D¥btors
Cash al bank and In hand
10
48,445
248.237
50.783
232.746
296,682
283,529
Cr•dStor•: amounts l•lllng du• wlthln
{8,190
16,1501
N•t curr•nt a•••ts
290,492
277.379
N•t M••t•
463,078
454,118
R•s•r¥•
Falr v8lu• r•s•rve
Gan•ral lund
81,461
361.617
85.614
368.504
M•mb•rn' fvnd•
12
483.078
454,118
For the flnanclal year ended 31 Dèc8mber 2023 the company wa8 &nUtl•d to exemptlon from 8udlt un¢Jgf Secll
477 01 th& Companles Act 21X)6 relatlng to smo11 companies.
DIr￿1(¥s, ro8pon8ikn'lib'os-.
The members have not raqulred tho ￿rnpanY to oblaln an oudh ol Its financial stslemonts for the year In
quttstlon in aecordance wtth section 4Y6'
Tha directors ackno￿0￿99 ihoir responsibilities foT comptyin9 With th8 requirements of the Act vAlh rg8PeCt to
•ccounting record8 and the proporatlon of financial $talèm&nls.
Thase flnancral slalemgnts hav• ￿•￿ prepared in accordan￿ wrth the proVi￿onS applicablo lo companias sublect
lo th• $mall compani08 roglm¢.
The financial slalem$nts w•re opproved by the bts8r(J of dlr¢¢tors and aLrthorised for l$$ue on 20 May 2024 and are
$ignÈd on ils behalf by..
MMBain
Dlr•ctor
J Taylor-Pickard I
Dire¢tor
Comp•ny R•glstratlon No. 73967¢

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng poli¢l••
Company Informallon
Brlush Poultry Science Ltd Is a pn'vate company Ilmited by guaranlee incorporated in England and Wale8.
The registered tsffice is Intemational Hous8, 61 Mosley Slre&l, Manthe81er, M2 3HZ. Th& buslnoss addre8818
Roslin In5tltule, MSdlothi8n, EH25 9RG.
1.1 Ac¢ountlng ¢an¥•ntlon
Tho financial 6ts1ements h8ve b8en prepared In accordan￿ wlth Accountlng and Roportong by Charltl•s.'
Statement of Recommendod Pr8¢Uce appllcable io charfJes prwarfng their accounts in ac¢ordan¢8 ￿th the
Finandal Roporting Standard appllcablè in th& UK and Republlc of IrdBnd IFRS 1021 (effective 1 January
2019) - ICh8rbtlos SORP IFRS 1021. tho Flngnaal Reportlng Stsndard 8ppllc•bla Sn the UK and Republlc ol
Ifel8nd IFRS 1021 and th8 CompanSes Acl 2006 as applicabb8 io compani•s subl$¢t lo the small cc¥npanles
regime.
8ri118h Poultry S¢i•n¢• Llmltgd constitutes a public ￿nefit &ntity a$ d•finod by FRS 102.
Thg dir8ctots eonslder that there are no m8lerial uncertalnli•s that would lead thgm to quesbon thé charllablo
company'8 abllSty io contsnuè a8 a going conc•m.
Th8 flnandal Stotfjments are prepEred In slertlng, lh¥ fvnctk)nal currency ol tho company. •nd the am¢)unts
are rounded lo th• no8rgSt £.
1.2 Fund•
Unrtr$trfet&d funds aro availabl• lo u$& for ony purpoge in the fvthernnce of the eh8rit8bl• actlvrtle8.
Designatad funds are unre8tricted fvnds whlch twst¥gs have d•clded. al their dbscrellon. to set 88id8 for
SPo¢lfic purposo. Re8thcted funds arts fvnd8 are to bg u$8d in accordance bwth 8pgafic re31r￿t￿￿$
Imposed by donor.
All fundB ￿ld by th• charfty gr* unraslrict8d.
1.3 Incom• r•cognltlon
Income IB recogni￿￿ when the Ghority haB ent411ement lo th In￿M•. il 18 prot)8blg tho Incomo wlll b
receivtd and Iho 8rrwnl ol Incom8 can be rollabty measured.
1 A Exp•ndltur•
All expgndltur• 18 a¢¢ounled for on an accrual8 basiB. Grants pay8Ne aro payments m8d8 to third porties In
Ihe furtherance of th¥ ¢haritoblo obj¢¢ilv65. Expenditure includes irre￿ver&b1e VAT a$ tho ¢h&rity is no
longar registered ftjr VAT.
1.5 Supwl costs
Support costs have not been 8•par8tsiy id&ntffigd gs the tru8iee8 consider there 13 onty Mo ¢harilabl¥
actiwty.
1.6 Tanglbl• fix•d Ms•t• Ind d•pr•cl•llon
ProvisN)n is madg ltsr dèprad8tion on all tsngible assets, other than freehold land, at rates c81¢ulalgd to wrtt
oll Ihe cost or valualK)n. Igss ostlmatod rg$idual value, of each as68t over Ils expected us9fv1 lifg.
Flxtures. Ibttlngs & equipment
33% Str81ght I1￿ method
1.7 FIn•ne￿I instrum•nts
The company only has fln8nual assèts and liabilhl&s of 8 ￿nd that quallfy as baslc financJal instnjments.
Basic ffinancial instruments ar& initially recogni5￿ al tr4n$a¢tion valu• and sub￿qUent￿ measured at their
s￿tt￿M￿At valuè.

BRITISH POULTRY SCIENCE LIMITED
{A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Aceountlng poll¢l••
IContinu•d)
Inv•stm•nts
Investments af8 a fom) of basic flnancial instrurnenl antj arè In￿allY recognisèd at Iheir transaclk*n valLte and
subsequenlty M￿sUred at thelr lalr valu• 0$ at Ihe balance shegt data using tho doslng quolad market pri¢8.
All gains and lossès aro taken to the Ststèmenl ol Financlal Advldfjs as they aris8. Reallsed galns and
losses on investments are calculated as th8 dlffer&n¢8 be￿een sales prac8￿S and their openlng earying
valu8 or thèir purchase value11 acquired during the flnancial year. Unrealised gains and losses are calculal•d
s the dlff•wnce behyeen th8 f8ir value at the year end and thelr cal￿ng valuè.
Rea116ed and unfe81ised Inveslmtsnl galn$ and1088es arè ccynbin•d In the Slalemenl of Fln8nc191 Acllvltles.
Judg•m•nt• and k•y #our￿$ of Mtlm•lbon uncertalnty
In the applicallon of the company's a¢¢ountlng polScl88, the InJ818•8 ara raqulfed lo make ludgoments,
0gtlm8t8s and a8Bumptk)ns about the carrying amount of assets and Ilabililig$ that ara not readily apparent
Imm other sources. The èstlmat8s and associated assumpllons afe based on hlstorf¢al OX￿￿8nc0 and other
lactors thgt are conBldffie(I to bè rnl•vant. Actual resultB may dlff¥r Irom thgse eSllmal•$.
The esumotes and und8rtylng assumptlons are revlewed on an ongolng bas18. Revlslons lo accounllng
811m818s ar• recognlsed in tho p•rfod In whlch the estimate 1$ r•vl$8d wh•re the revision 8lfed$ onty that
period, or In the period ol the reviston •nd fvlure perlods where th8 revblon gff8cts both current and lulure
perM)d8.
Roy•ltl•• •nd ¢omml••lon
Gross subscriptlon income lh8 year, belng re¢glpts from $818 olloume18, 8rxount8d for by Ta￿01 and
Francls Lbmlled Amounted lo £159,01612022- £156,412). Brftlsh Poultry Sclèneo Llmlled recalv8s royalUe$
anw)unllng to 45V•12022- 45%) ol this total.
Inv•stm•nt lThcom•
2023
2022
Income from fixed au•1 Investments
Bank inl•r•st
10,283
3,028
9.982
165
13,311
10.147
Gr•nt* and donatlons
Durfn9 the year Iravel grants lotslllrwj £8,096 werg made to 6 Indlvlduals12022- £3,864 to 2 Indlvidualsl. A
$mo11 proh&ct grant of £4,500 w85 awardad dltrlng the year I2022- £5,000 10 1 in$lilutlonl. A ch8rltable
onalion 01 £1,000 was paid tts thè Gordon Memortol Trust durfng the year12022- £nill.

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Ilot profft
2023
2022
N&1 Income Is staled after ¢hgrglng'.
No directors honor8rla thls yeaf12022- £nll)
Joint edltors I￿nOrATI8, fees, trav¥1 and computer SO￿are exp9n$gs
Company SecretarylAdminlslialor fee$ and expen8es Ikk)sl. slatlon8ry and
and travell
Independent ex•mln•rf$ foe
17.946
23.165
16.415
22,408
1.878
1,500
Tho company had no employegs duilng the year.
No femun8ratlon was pald to trustaos.
No expen8&9 worfj pald to tru8tee
Honorado wgro pald as detalled abovo.
T•x•tlon
Th• company Is 8 regl8tered ¢harfty and. as suth, ly oxempl from tax8Uon on Any 8urplu8.
T•nglbl• flx•d M••ts
FIX￿r•I.
flttlngs •nd
•qulpm•nl
2023
Flxtur•i,
flttlng* and
•qulpm•nt
2022
Co•t or v•luatlon
At 1 January 2023
Dispo3018
2,162
2,162
At 31 Oecemb•r 2023
2.162
2,162
D•pr•clatlon
At 1 January 2023
On dlspo3818
2.1S7
2,157
At 31 DBc8mbor 2023
2,157
2.157
N•t book valu•
At 31 Decembèr 2023
Al 31 Do¢ember 2022
10-

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Flx•d uset invo•tm•nls
2023
2022
Listed invtrslmgnts
172,581
176,734
All investm8nls a￿ ¢grri•d al their fair value. Th$ bo$i¥ of lair value for quolgd Invastrnants is equivalent to
th¢ morkel v81ue, ugbng th& quot8d price. PuTch8se$ ara racognised al the datts of tr8de at their transaction
valu8. that is cost.
Th& companls Investments at 31 DoG•mb8r 2023 cons181od ol 12.026 12022 - 12,0261 M & G Charmund
Incom• unlts. Thé original cost of theso uni¢8 was £91.12012022- £91,120).
The signlfi¢8n¢o ol Ihe Inves¢ments lo the ongolng financial sustainability of th8 charitable rAJmpany 18
consldered in th& flnaneial rev1￿ and investment poll¢y s8Ctlons of th• trustees, annual raport
Mov•m•nts In Il•t•d InvMlm•nts
2023
2022
Ilark•t valu•
Al 1 January 2023
Net galn 1110881 on Investmants
176,734
14,1531
187,159
110,42SI
At 31 Oecemt4r 2023
172,581
176.734
lTrv••tm•nt¥ •t lalr v•lu•
Al 31 Decgmt4r 2023
172,581
176,734
10 O•btoM
2023
2022
Amount• l•lllng du• wlthln on• y•ar:
Royallles and commission
Prepayments and accrued income
47,556
49.385
1,398
48.445
50.783
11 Cr•dltor•.' amount• f•lllng du• wlthln on• y••r
2023
2022
Trade creilltors
Accruals and deferred incom6
5,040
1,150
S.OLK)
1.150
6,190
6,150
11

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
12 RKonclllatl¢)n ol mov•m•nts In membors. lund•
2023
2022
Net Tnovom•nt In funds
Ownlng mambers. fvnds
15.284
438.834
454,118
C1￿1ng mèmbers, funds
463,078
454,118
13 D•t•ll•d In¢om• 8nd •xp•ndlturn •¢¢ount
2023
2022
Incorn•
Royalt1￿ and commls8lon
Conforence conlrfbullon
Travel contrlbutlon
Abslra¢ts wntrIbU￿Qn
Investment income
Bank InloT•sl
71,557
2,010
70.385
2,010
2.lJOO
10,283
3.028
9.982
165
Tgtal Incom•
88,878
90.542
Exp•ndllur•
Grant8 and donation8
11,596
Oth•r charltabl• •xp•ndlturn:
Administrator coyts
Edllors, honorarta, fe•$ ond $cienllfic copy costs
Oth•r honoraria
Joumal supplom•nl and on Iln8 accoss f8
WobgI1¢ ¢o$ts
Bank charges
Po81, $ts1Sonery #nd gundry expeMo8
Trav•1 and subsistence cosls
S¥crgtarial and administration fee
Consullancy
Indep8ndènl &xamlnatK)n fee
Olher cosis
17.425
16,690
9.420
10,483
509
280
75
1,256
5,740
16,740
16,415
9,635
1,716
3.034
228
141
203
5.465
887
1,878
413
64.169
58,969
Tot•1 •xpendlture
75,765
64,833
Surplu•
13.113
25.709
12.

BRITISH POULTRY SCIENCE LIMITED
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
14 IAomb•rn' Ilablllty
Thè company Is Ilmlted by guarantee, not havlng a Bharg capltsl and ¢onsfjquontly the liabillty of membtrrs Is
limited. sublect lo an undortoking by each member lo contribute to th*J n•t assèts or liabilrties of the company
on Mnding up such amounts as may be required not exceeding £1.
15 Control
The company 18 ￿ntrolle{l by th& mombors.
13-