Company Regkqtratlon No. 739670 (EDglaDd Wales)
Charlty Registrntioll No. 260942 (England and Walu)
BIUTISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUAtL41YTEE)
DIRECTORS, REPORT AND UNAUDKTED FllYANCL4L STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Ili'n(li'rson Bl&iik { I

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
CONTENTS
Pag•
OirectoTr' Rep)rt
Ind8pond8nt Examinorfs Report
Statemonl of Flnandal Acllvldes
and Income and Expenditure Account
Balance Sheet
Not•8 lo lh• Finanual Statemen18
8-13

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT (INCORPORATING THE TRUSTEES REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Tho directors, also known as Iw8tee8, presont their 8nnug1 r8PQrt and fin8nci81 slatsments lor the year endeil 31
December 2024.
The flnanclal stBtèm&nts have been prepared in accordance with the accounting policies set out In note 1 to the accounts
and comply wlth the Momorandum and Artid$$ of Assodatlon. tha Companiès Acl 2006, Thè Charftiès Act 2011 and
Accxjunting and Reporting by Charill6s'. Slalemtrnl tsf Re¢ommended Pra¢tl¢o appli¢8bl& lo ¢harfll•s prtsp8rfng Ihelr
accounts in accordance wlh the Financial Reports'ng Standard applicable in the UK and Republic o( Ireland IFRS 102)
{8ff8Ctiva 1 January 2019)- charit￿s SORP IFRS1021, and Th• Flnanclal Raportlng Standard applICab￿ in the UK and
Republlc of Ireland IFRS 1021.
ObJ•ctlvM and Actlvltl•s for th• Publlc B•n•flt
The prlnclpal obiecllve and acttvlty of the company continues lo be Ihe prornollon of poultry science by dissernlnating
rosearch findings through the publication of a journal and the award of educational grant8 10 indivhluals. The fruslees
conflmi thoy have referred to the guldance contained in the Chartty Commisslon's general guld8nce on public benefit
wh•n rwwwing Iho alms and objo¢tive$ and In k4annln9 lulure a¢Uvi11os and setting the grant m8kln9 poli¢y lor tho yo9r.
Achl•v•m•nts and P•rform4nc•
The company has continued lo promote PK*uIty 8dence by pub118hlng research flndlng8 In It3 loumal and by awardlng
travel grants to Indlviduals and small project grants to other educat4.onal 8Stabllshments. Detalls of subscrfptlons for the
year 8r8 shown In noto 3 to tho account$. Detail$ ol aw8rd$ made aro $hown In notg 5 to the accounts.
Fln•n¢lal R•vl•w
The Stslemgnl of Flnanclal Acllvltl¢$ lor the year gndod 31 D￿ember 2024 shows net Incomg before galn$ or losses on
nve3trnenly of £33,200 12023 nèt in¢om& baforè gains or lossès on inve$tm8nts £13,113). The Sl8tem8nt ol Fln8nclg1
AcUvllle8 shows a nel movement fvnd3 of £37,69912023 n&t movement In funds of £8,960). Fl¥ed 888gt Inve8tmént$
are shown In the balance sheel al lair valut as detailed in note 9. The directors Consider the financial position of tho
rnpany to be sa118faclory.
R•••Th•s Pollcy
Thg dlrgctor$ ¢onsld&r th8 res•rv8 h8ld Should b8 mainiAlngd at around 3 10 5 tlm8s th8 amount ol annual Income. The
amount of reserv9$ held 1$ eS00,77712023 - £463.07818$ detalled In the finan¢lal st81gm&nls. Res&rve8 aro m8intainad
10 Secure the fulufe financial viability of tho charity. All resems afe unfestricted.
#WD7
Inv•slm•nt Pollcy
The dlrectors have considered Ih8ir Fdicy for investing funds and have conduded Ihat the current investments, desjgned
for tho charlty sector, contlnue lo meet requlrements, pfovSdlng satlslactory levels ol IncA)me and long term capital growth.
Rlsk R•vl•w
The directors hav& mSèwo¢J thg ma￿r rf$k$ lo whl¢h the ¢omp8ny 1$ exposed 8nd the $y$t&m8 in pl8¢0 lo mltlgat• Ih•s
rlsks. Given thè nature and alms ol th8 tr)mpany, It h88 conduded that there a￿ no $ignifi¢anl extem81 lundlng risks al
presenl. Authorisation and review procedures are in F4ace lo minirnise intemal risks and the council has concludtrd th81
these continue lo operate satisfactorily.

BRITISH POULTRY SCIENCE LIMITED
{COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT {INCORPORATING THE TRUSTEES REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Strucknr•. Gov•rnance and Manapm•nt
Govemlng Oocument
British Poultry Science Limited is 8 private company limited by guarante8, not having a share capital and is govom8d by
memorandurn and articles of as8ociabon and company law. It is re9iStered as a charity vAlh the Charlty Commi$*on,
registration numbor 260942.
Organl••tlonal Structur•
British Poultry ScAence Limited is controlled by Ihe Board of Oirectors as elected by the members ol the company. T
Direclors aro also charity truste8s for ihe pufpos•s of charity law. Tho Jolnt Editors and S¢len￿riC Copy Edllor 8re nol
ligibla to seNe as Directors and matters such as theSr honor8rl8 8r¥ de¢ld•d by the Board of Diroclors. OirectOTS
rgmunerallon Is delaile<l In nol& 6. Admlnlstrallon of the ¢h8ritsble 88P¢Ct8 of th& company is controlled by the Coundl of
Manag6m•nt, which consists of Diwlors, Secr81ary plus the Jolni Editor8. Pollcy 15 Sel by these ￿ bodles.
Implernentation of pollcy is then delegated to the busirwJ8 committee, vthich consi8ts of som8 Diractors, S8er8tary
and the Joint Edltors.
AppGlntm•nt of Dlr•ctors
Directors are normally appoinl8d al IheAGM each year.
Rof•r•nc• and admlnlstratfv• d•t•ll•
Company Reglstr8tlon Number
739676 IEngland and W81881
Chanty R8gi8lrahon Number..
280942 (England and Wal981
Rgglslered Offl¢o.'
6riti.sh Poultry Sci•n¢o Llmlled
Inlfrmallonal Hou
61 Moslgy Stregt
Manchester
M2 3HZ
Bu8ine&sAddre&s.'
Ro8lln In8dlut
Unlversity ol Edlnburgh
Ea8ter Bush, MMJlothi#n
EH25 9RG
Indopendgnt Examlnw..
Matthew Strulhers BA CA
Hentjorson 61a¢k & Co
22 Crossgat8
Cupar
Fll
KY15 5HW
Bankarts..
Bank of Scotland
Teviol House
41 South Gylg Cro￿nI
Edlnburgh
HSBC UK
76 Hanover Street
Edinburgh
EH2 1EL

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT (INCORPORATING THE TRUSTEES REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Dlr•ctor•
Tha followlng dlre¢lor5 have held office since 1 January 2024..
MMBain
M R Bodford
J S 8enlley
W8essei
E B(4rton
A 8utt&nworth
ICDunn
D Gu8m8n•
P Konieczk8
N Jllorgan
G M P8sIi
V Pirgozliev
ABMR8j
J Roborts
8 Rod8nburg
V S&ndilands
NA M Sleeckx
N H C Sp8rt(s
B Svihvs
J r4ylor-PKkard
R Zhao
Company S•cr•l•ry:
GAMl•ra$
Jolnt Edltorn:
SPRoso
O Matika
Scl•ntlfl¢ Copy EdFtor'.
L Waldron

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT (INCORPORATING THE TRUSTEES REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
stat•ffl•nl ol TN•t••s R•4pon•lbllltl•8
The trustees (who are directors of British Poultry Science Limited for tho Purposes of company lawl are rosponslbl& for
preparing the trustees, annual report and the finanaal statements in accordancé with applicablè18w and r•gulalons.
Company law r8quiros the tru51ees lo prepare financial stslements for each finanual year. Under that law the tru5188S
have elected to prepare the finanraal stalefflents in accordance with Uniled Kingdom Generally Accepted Accounting
Pradlcg Iunited Kingdom Accounting Stsndard$ and 8pplicabl8 18wl. Undgr company law the tfU8188s musl nol appiove
thè financial statèmènts unlo9s Ihoy 8ffj sats"sfied that they give a tnje and fair view of the slate of affair8 01 the charitable
company and of the inwne and expenditure of the charitable company for that ￿riod. In pr8paring thase financial
stalements, th8 Irust8es are required to..
$91g¢t sultablg 8c¢oyndng pollcle8 and Ihen apply them con8lstsnUy',
observe the methods and principles in the Charities SORP,.
make judgements and accountlng esllmales that are r8aBonabl8 and prudent.,
stste whether applIca￿a UK Accnunting Standards hava bgon followgd, sublgct lo any matorlal departurgs
dlsclosed and &xplain&d in th• finandal stal8m•nts".
prep8rg tho Iln8n¢lg1 slalemenls on tt)e gobng concom b8858 unless it is inapproprOat8 lo presume that th
ch8rllabl8 ￿MpanY wlll conllnue in buslness.
Th• trusto•s arn rOSp￿s1b1• lor k8epirvJ adfjqLtalo g¢¢ounUng records that are sumdenl Io Show and explaln the
charftable ¢ompany's tran￿¢t￿On$ and dl$do$& wllh reasonable 8c¢ura¢y al any lime the financial positlon of the
¢haritable company and enabl8 them Its engure th81 the financi815tal8ment5 comply wth the Companies Act 2006. They
are 8150 responsible lor 5afeguardlng Ihe assets of the charlty and hence for taklng r•asonabl8 stops for th• preventlon
and delectlon ol fraud and olh6r irregularities.
Small company •x•mptlon
Thls Tepjrt ha5 been prepared In a¢￿rd￿n¢9 wlth Iho ¥poclo1 provlslon• r•lalng lo small companlos Yllhln Part 15 01 th•
Comp8ni•s Act 2006.
y older ol the ljoard on 16 June 2025.
or- Pickard (Ch
r•ctor
manl
GAMi8ras
8ecr•tary

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
OF BRITISH POULTRY SCIENCE LIMITED
I report on tho accounts of the tharlty for Iha ￿ar endèd 31 Deeèmber 2024 whkh ar• s•t tyjl on pag•s 6 10 13.
R•*p•¢Uv• rè8ponilbllStl•s ofth• tru•t••• and •xamln•r
Thg trustees Iwho are aho th8 directo￿ of the company for the purposes ol c￿p*hY lawl are resp￿51l18 for
the preparation of the &t￿nts. The tnjsteeg consider Ihat an audit is not required for this ye8r under section 144 of
th8 CharMg8 Act 2011 (the CharltiesActl and that an Sndepondenl ?xamin•tk?n 1$ nèèdèd.
Having satisfigd my881f that the thArity Is sublacl to audlt und•r company law and is •1￿1b1• for Ind•p•ndent
•xamlnaUon. it18 my fe8pcnsibilty to..
gxamine thè *t¢ounts undar $6etion 145 01 the Ch8rlli&s Acl.,
rollow tho prc*•dur8s lald down In the general DSredcn6 g+veTh by Ihe Charfty Comrn1$8bn under
14515llbl Oft￿ Ch8rill•s Aet; and
it•lo v4h8th8r p8rteular mattern h￿8 CAyne to rny attentK)n.
Thls rnport Is made to the trustees In accordance witr the terms of my engaogrnènt. Kly work has bèèn und8rtak8n so
that I mSght gtate lo th• tnJgte8s thos• mallers l am requlred to stsle to them In an Indepèndènt èxaMl￿rfI rèport #nd
for no other purpo89. To th8 luM8s18Xtent p8miitted by18w. I do not accept or assume iesponsibility to anyone olher
Ihon Ihe tN3toe$ lor my Wts￿ or lor th1$ r•porL
81•l• ot Ind•p•nd•nt •x•mln•rf• r•port
My •xarnlnatkJn was carri8d out sn Bccordanee wlth gen8ral Dlrrttbns gSvèn by tha Charlty Commlsslon. An
•X8minatKJn in¢lud8s a revSew ol Ihe accounting rec4)rd3 kept by the charity and a wrnpartjon of th¢ 3c¢ount8
prg8entod wlth those reeords. 11 d80 Include6 conslderallon of any unu6ual blem6 OT dis¢loBur86 In Ih? arxounl$. and
Jeekin9 explanation$ from you as truste•s eoncerning any such matters. The proc8dureg und8rtaken do nol provkle 811
evklencg that wwld bo requlwd In an audit, and ¢onsèguènUy no e*)inlon 18 giv•n as to wh8lh8r Iho account8
p¥esenl a Iru• and falr vi•%V and th• rewt 18 Ilmrted to Ihose rn8tlers 881 oul In tha 8tatèmènt b81¢N.
Ind•p•nd•nt •xamln•V* itst•m•nt
In conngction wth my exthmlnatlon, no m8tt•r has com• to my 8tt8ntlon.'
Whlch gives me reQ30nJ￿e uu¥8 to belleve that in Any m8lerial resp#et thè r•qvirèm•nt8'.
to kegp a￿UntIng records in aceord8nc• wilh Sactth 386 ofth• Comp8nles Act 2008,. and
to w•para geeounts whlch 8ecord ￿th th• accountlng r•cords and compty with the ac¢ounlin9 requlr8m8nts of
Secllon 396 of the Compani8y Act 2006 and w+th the rnethody aw¥J prfnap48s ol tho Stat8m•nt ol Recornmended
Practice.. Accovnllng and RepOr￿ry by Charl￿?
have not been met.. or
To whlch, in my opinicfj, att•nUon should b• drawn In ord•f to an8￿+ a propor undwstandlng ol the accounts to
be reached.
Matth•w Struth•r•. BA C
P*rtner
H•nd•rson Black & Co
Chart•r•d Accountants
Edenbank House
Cupar
Frfe
KY15 5HW

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES AND INCOME ANO
EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unf•Strkt•d UnrnstrlGt•d
and
and
Total fund*
2023
Totsl
2024
lrteom• from".
Charbt*bl• aetl¥ltl••
RoyaltSes and commls6lon
Conlr4butons tow*d# e¢•ts
w•stm•nt Incom•
Dlvldan¢J$ r•c•iv•d
8•nk int•r•sl rec8fved
79,222
7,000
71.557
4.010
10,824
6,123
10,283
3,028
Tot•1 Incom•
13
103.189
88,878
Éxp•rtdllur• on..
Charlt*bl• •etl¥ltt••
Grants and donalon8
Other charftabla expenditur•
4,700
65,269
11,596
64,169
Tot•1 •xp•ndlturn
13
69,969
75.785
N•t In¢om• b•ft*r• g•ln• and Io•Ms
on Inw•tm•nt•
33,2
13,113
N•t Ilo•iVg•ln on Inv••im•nts
4,499
14,1531
N•t Incorn• •nd n•t mov•m•nt
In lun
37,699
8,960
R•conclll•tlon ol fund•:
Totsl fund* brought forward
463.078
454.118
Totsl fund• ￿rrI•d f¢)mrd
5CQ,777
463,078
The Statarnent of Fina￿al Activrfr'•5 indudes all ga￿$ 8nd 10858s r8cogni8ed in the year.
All income and e¥peThJ1tU￿ derive from contlnulng aCtivR￿s.

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
ASAT 31 DECEMBER 2024
2024
2023
Not••
Flxed aM•ti
Tanglble 8S88t8
Invè8tm8nls
177.080
172.581
177,085
172,588
Curr•ftt a•••t•
D8btors
Cash at bank and in hand
50,578
274,804
48,445
248,237
325,382
296,682
Cr•dltora: ameunts lalWn9 du• wlthln
on• y••r
10
{1.6901
18.1901
M•t curr•nt •s••ti
323,692
290.492
STrJ.777
463,078
R•••rv••
Falr value
G&ngral fund
11
85,960
414.817
81,461
381.817
M•mb•r•' lund•
500.777
463,078
For tho flnanclal •nd•d 31 D•C•m￿r 2024 lh& wnpany was 8nltl8d to eyomptkA) from 8udll undar wllon
477 of the Companle8 Act 2008 ro18llng to sm911 ¢ompanl&g.
Dlr&¢tors' re8ponsibllllle8.'
The members hav• not required the company to obtaln an audlt of its Ilnancial $tat8m8nls for th• year in
qLt&sllon In accord8nc& wllh sectlon 476..
Tha dlr8ctofs Acknowl8dg& their rèsponsi￿11￿.￿ for eomplying with th• r•9uir•ments ol th• kt with rwieci to
8<xountlng records and tho prop8ration of fin8n¢lal stat&monl$.
Thès• financi81 #latements havo be8n pffjpared kn a¢cordan¢e with Ihg provision5 apploca￿e lo companie$ Sub￿¢*
to th& small companies regirve.
The flnanclal ststements wore approved by the board of dl
signed on its bahall by..
and aulhortsfjd lor Issue on 16 June 2025 ond are
ICDunn
Dlr•ctor
JTa
r-Pickard
ector
ompany R•gl$tratlon No. 739676

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng poll¢l••
Company Inlorniailon
British Poultry Suence Ltd is a private cornpany limited by guarantèè incorpofaled in England and Wales.
The registered office Is Intematlonal H￿Se, 61 Mosley Stre8t. Manchester, M2 3HZ. The business address is
Roslin Insfjlule, Mldlothlan, EH25 9RG.
1.1 A¢¢ountlng conv•ntlon
The flnandal staternents have been prepared In accordance with Accounting and Reporting by Charilios..
Stat•m•nt of Recommènded Pradice applicable to charities preparing thelr accounts in accordance with the
Financ181 Réportlng Standard applicablè In th8 UK and Republle of Iraland IFRS 1021 (effective 1 January
2019) - ICharltl8s SORP IFRS 1021. the Flnan¢l81 Reportlng Standard appllcabl8 Sn th8 UK and R8publlc of
Ireland IFRS 1021 and the Coffffj)anlo8 Ad 2006 as appll¢abl• lo companles 8ubj¢¢t 1¢ the Small ¢wpani•$
regime.
Brfti8h Poulty Sclanc• Llmlt8d conslltutas a publlc b8￿fit endly as dafin•d by FRS 102.
The directors consider Ih81 there are no malerfal uncortainlles that would lead thom 10 9u•$tion th• ¢harltabf8
company's ability to continue as a going concem.
The finanelal st8t*m8ntg aro praparnd In sl•rfing. tha funct￿n81 currency of Iho company, and tho amounts
are round¢d lo th& nee￿$t £.
1.2 Fund•
Unre31rfcl¢d lunds are av8i18L4e lo us• for any purpo$& In th& lurthor¥n¢& of Iho eharllablg act1vi￿•s.
Desrgnaled funds are unrestn.cted funds which the trtJ8lee8 havo de¢ided, 8t Ihelr dls¢r¥lbn, lo set 8sl¢J$ for
a specific purpose. Reslrlcted funds are funds whlch are to be used in accordancè with specific re8lriclion6
Smposed by the donor.
I funds hold by tho Chartty ar4 unrg$trl¢tgd.
1.3 Incom• r•cognbtlon
Income 13 recogni8ed when the charlty h88 enlillemenl to tho Income. 1118 probable the Incom• wlll be
rec8lved and the amount of income can be rellably Measured.
1.4 Exp•ndlturo
All expendibjre is accounted for on an Accruals ba￿8. Grants payable are payments made to Ihlrd partles In
Ihe lurth8rance of the charttable oblg¢llve$. Expend6turg In¢ludes Irrgcovgrab19 VAT as thg charity Is no
bnger registered for VAT.
1.5 Support ¢￿t8
Support costs have not b88n separately iden11f￿d as tho trnst8es consrder there is only one chaiitsble
a¢ts"vity.
1.6 Tanglble fixed #ssets and depr￿lation
Provision is made for depreGiatson on all t8nglble assets, other Ih8n fveehdd land, at rates calculated lo write
off the cost OT valuation, less esth'mated residual value. of eath a8Bel over 115 eypected useful life.
Fixtums, flttlngs & •qulpm8nt
33% Straight Iln• M*t1￿)d
1.7 Flnanclal Sn•trum•nts
The cornpany only ha3 financial a5381s and liabilities ol a kind that qualify as basic financial instrumgnts.
Basic financial instruments are initially rer￿￿3niSed at transaction value and subsequenlly measured al fft￿r
settlement value.

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢¢ounllng poll¢l•¥
IContlTrued)
1.8 I￿￿$￿1•nts
Inve$trnents are a lom) ol bo$￿ financial In¥trumgnt and are initially recognised at their tronsaction volue and
sub8equenlly mea8UTed al their fair valuè as al tho balance sheet d816 u8ing the doslng quol&d market wice.
All gains ond losses are taken to the Ststement ol Financial Actlvities as they arlse. Reallsed gains and
lossgs on Inv$stmgnts Brg calculat8d a$ th& dlffgr•nco sal8s proc08ds and thoir oponing ￿Trying
value or thelr purehasè valu• if acquirèd dLtring thè financial y8ar. Unrèaliséd galn$ and los$&s gr¥ ¢ol¢ulal
as the differenco betsyètsn th& lair valuo al thè year and and their cal￿n9 vall￿.
Realis•d and unr8alis8d investm&nt gains and losses are combined in th8 Slatom•nt of Finane4al Activitios.
Judg•m•Trts and *•y •our¢•s ol ••tlm•tlon unurt•lnty
In th8 application of Ihe company's accoLtnting policies, the trustees are required lo m8ke judgements,
g$tlmales and assumptlons about Ihg ￿ryIng amount of asset$ and Ilabllitlgs thal are nol readlty appar9nt
from othor sour¢o8. Thtr &stim8t•s and as$oci8ted 8ssumptions ar8 ba￿ on historical èxp•ri•nea and othar
la¢tor8 that are ¢on$idorod lo b& r•l•vanl. Actual r•$uK8 may dlffer from these o$llm8le8.
The 8sbmales and undertying a8sumptions are reviewed on an ongoing basis. Revi8ion8 lo accounllng
esumates are recognised In the pertod In whlch the esilmate 18 revlsed where the revision affocts onty that
pariod, or in iha p&riod of tha ra￿S1on and fuiuf• ￿T￿dS wh8r8 tha ravision aff8Cts both current and future
parlods.
In prepadng these financial state￿￿nIS the trustees have mad8 Ihe following ludgemenl..
Trustees estimate the requirement for accruals Using post year end infomialion. This Klenthfi•8 ￿$13 that 8r•
expected to b8 Incurred lor thlrd party services relatlThJ to the accounting year but that ar8 not Inv￿Ced un
Aftar ihe y•8r end.
Royalt1•8 and comml••lon
Gross subscription incc•me for the year, being receipts from the $8le of journals, accounted for by Ta￿¢< and
Francls Llmited amounted to £176,05012023- £159,076). Brftlsh Poultry Sclence Llmlted recelves royaltles
amountlng to 45%12023 - 45%) of Ihts lotal.
Grants and donat5on•
Ouring Ihe year Ir8vel grants lolalling £3.500 wero made lo 4 Indlvldual812023- £6,096 10 6 indlvidual$l. No
small project grants were awarded during the year12023- £4.500 10 1 institution). A charilable donation of
£1,000 was paid to the Gorilon Memorial Trust dur6ng the year12023- £1,C4)01. Charttable donatlonB of £2fyJ
were made Sn mernoriam ol Or G.K. Baggott and in m¢moriam of Dr J. Klaer12023- £nlll.

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Trust•g8 •xpgns•s. r•mun•ratlr*n and r•lat•d party transl￿10n*
2024
2023
Net in¢omellexpenditur¢l is $tated after charging.,
Joint editors honoraria, fees, travel and compLtler SO￿are expenses
Company SecretarylAdminislrator lees and expenses Iposl, stationery and
and travell
Independent examSnef3 fee
18.143
24,305
17,946
23,165
1,968
1,878
Th6 company had no &mployees dvring th& yaar.
No remuneration was paid lo irustees.
No expenses were paid to Irus¢885
Honorarla werg pald as dotsiled above.
T•x•tlon
The company18 a regl8ltsred dlarfty and, as 8ud),18 exempl Irom taxalSon on any $urplus.
T•nglbl• fix•d a•••t•
Flxtur••,
Ilttlngs and
•qulpm•nt
2024
Flxiur••,
Ibttlnql and
•qulpm•nt
2023
Co•t or v•lvatlon
At 1 January 2024
Disposal
2,162
2,162
At 31 t)8cemb8r 2024
2.162
2,162
Deprn¢l4tk>n
Al 1 January 2024
On dlsPO841$
2,157
2.157
At 31 D8cember 2024
2,157
2,157
N•t book valu•
Al 31 Dwmber 2024
Al 31 December 2023
10.

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flx•d *M•t Inv••tment•
2024
2023
Other investsnents olher than loan8
177.080
172,561
All inv•$tments are ¢am¢d al Ihoir lair value. The ba818 of fair valu8 for quoted investments is equivalent to
the m8rkel v8lue. uslng the quoted price. Purcha589 are recognised 8t the doto of trado 8t their transgctlon
value, that is cost.
Th• company's investmonts gt 31 Decgmbgr 2024 con8lsled 01 12.026 12023 - 12.0261 M & G Charrfund
In¢om• units. Tho orl9inal ¢o$l of Ih•s• units was £91,12012023- £91.1201.
Th• slgnlffcarKe of th8 investrnents to the ongoing financlal sustalnabillty of thg ¢h8rltablg ¢omp8ny 1$
con$id•rod in the financ4al revw and Investment polty $8cllons of thg tru$t••s' annual r•port
Mov•rn•nts In Il•t•d Inv••tm•nts
2024
2023
M•rk•t v•lu•
Al 1 January 2024
Nèl galn 1110991 on Inv•$tmgnl8
172.581
4,499
176,734
14.1531
Al 31 December 2024
177,080
172.$61
Inv••tm•nt• It f•lr valu•
At 31 D¢¢¢mb&r 2024
177,080
172,581
D•btor•
2024
2023
Amounts fallng du• wlthln on• y••i:
Roy8111e¥ ¥nd ￿MMI￿10n
Oth•r doblors
49,222
1,356
47,556
889
50.578
48.445
10 Cr•dltors: amount• falllng du• wlthln on• y•ar
2024
2023
Trad8 credltus
othgr c*8dltors
540
1,150
5,040
1,150
6.190

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11
F¥lr valu• rg*•rve
2024
2023
At the beginning of the year
Revaluation surplus arising in the year
81.461
4,499
85,614
14,1531
At the ond of the yoar
85,960
81,461
12 D•t•ll•d Incom• and •xp•ndltur• account
2024
2023
In¢om•
Royaltles and commisslon
Conl8r•nc& contrlbutkjn
Travel ¢onlTlbullon
Ab8lracts conlrfbution
In￿stmant Ineomè
Bank Intarast
79,222
2.000
3,000
2.000
10.824
6,123
71,557
2,010
2,000
10,283
3,026
Tol•1 In¢om•
103,189
88,878
Exp•ndltur•
Grants and donAUons
4,700
11.596
Oth•r eh•rtt•bl• •xp•ndltur•:
Admlnlslrator costs
Editors, honoraria. f8os and 5d8ntMk copy ¢08ts
Other honoraria
Journal $upplem•nt and open ac¢&88 fe
W•bslt• costs
Bank charges
Post, stationery and sundry expenses
Travel and subslslenc8 costs
Se¢retstial and 8dmlnlstraUon It8
Consult8ncy
Independent examlnatlon fe¢
Olher c051s
IB,275
18.143
11.080
7.483
17,425
16.690
9,420
10,483
509
280
75
1.256
5,740
326
133
6.030
720
1.968
602
1,878
413
65,269
64,169
Total •xp•ndltur•
69,969
75.f65
Surplu•
33,200
13,113
12

BRITISH POULTRY SCIENCE LIMITED
(COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 M•mb•r•' Il•blllty
The company is limit•d by guarant99, ngt having a share capital and ￿nSeqUentlY th¥ li8bility of rnembers is
limrted, subject to an undertakiro by eath member lo contribute to th& n$¢ aswt$ or liabiliti'es ol the company
on wlnaing up su¢h amounts as may be required not OKCggtJing £1.
14 Control
Th• company 18 controlled by the m&mtsm.
13-