**THE ORCHID SOCIETY of**
## **GREAT BRITAIN**
**ANNUAL REPORT for the YEAR ENDED 31st DECEMBER 2024**
82 HAZELWICK ROAD, THREE BRIDGES WEST SUSSEX, RH10 1NH
Telephone: 01293 547896
## **THE ORCHID SOCIETY of GREAT BRITAIN**
## **ANNUAL REPORT for the YEAR ENDED 31st DECEMBER 2024**
## **CONTENTS**
|Information|3|
|---|---|
|Governing Document & Objects|4|
|List of Trustees|5|
|Report of Society Activities|6|
|B.E.T.O.C. Annual Report|Appendix 1|
|B.E.T.O.C. Annual Accounts|Appendix 2|
## **THE ORCHID SOCIETY of GREAT BRITAIN**
## **INFORMATION**
REGISTERED CHARITY No. 261273 COUNTRY of REGISTRATION England REGISTERED ADDRESS 82 Hazelwick Road Three Bridges, West Sussex RH10 1NH HONORARY PRESIDENT Dr. H. J. Millner HONORARY CHAIRMAN Mrs. P. J. Thomson HONORARY SECRETARY Miss. A. C. Malin HONORARY TREASURER Mrs. S. M. Mill INDEPENDENT FINANCIAL Mrs. K. Senior EXAMINER 25 Wordsworth Avenue Bournemouth BH8 9NT BANKER NatWest Bank PLC Eltham (A) Branch 65 Eltham High Street London, SE9 1TE AFFILIATED TO Royal Horticultural Society 80 Vincent Square London, SW1P 2PE
## **THE ORCHID SOCIETY of GREAT BRITAIN**
## **GOVERNING DOCUMENT and OBJECTS of the SOCIETY**
The Governing Document of the Society is “The Rules of the Orchid Society of Great Britain”. Resolutions for the alteration of these Rules must be passed by a two-thirds majority of those present and voting at the Annual General Meeting of the Society which is normally held on the first Saturday of June.
The object of the Society shall be the furtherance of the knowledge of orchidaceous plants by encouraging the cultivation of these plants, gathering and disseminating particulars of their cultivation, the holding of meetings and shows and, in other ways and in general, to undertake any activities that shall be consistent with the purpose for which the Society is constituted, including the representation of Affiliated Societies.
## **THE ORCHID SOCIETY of GREAT BRITAIN**
## **LIST of TRUSTEES**
The Trustees of the Society are the senior members of the Management Committee and are elected annually by those present at the Annual General Meeting of the Society. They are all honorary and are as follows:
|President|Dr. Helen Jean Millner|
|---|---|
||15 Orwell Close, Norton, Stourbridge|
||West Midlands, DY8 3JS|
|Chairman|Mrs. Pearl Jenny Thomson|
||11 Turpins Close, Oaklands|
||Welwyn, AL6 0QZ|
|Secretary|Miss Amy Charlotte Malin|
||359 Ridgacre Road|
||Birmingham, B21 1EH|
|Treasurer|Mrs. Sally May Mill|
||82 Hazelwick Road, Three Bridges|
||West Sussex, RH10 1NH|
|Membership Secretary|Mrs. Susan Johnson|
||Le Touquet, Station Road, Elsenham|
||Bishop’s Stortford, Herts., CM22 6LG|
|Displays Manager|Mrs. Galina Boyse|
||6 Braddon Road, Richmond|
||Surrey, TW9 2HR|
## **THE ORCHID SOCIETY of GREAT BRITAIN**
## **REPORT of SOCIETY ACTIVITIES**
## **Ordinary meetings:**
The Society held ordinary meetings throughout the year. These were both live and virtual (Zoom) meetings. Subjects / lectures included the following:
“Epiphytes”, a Zoom presentation by Dr. Helen Millner.
“The Genus _Laelia_ in Mexico”, a Zoom presentation by Mr. Eduardo Perez-Garcia from Mexico.
“ _Dendrobium_ and its Relatives”, a talk by Mr. Huw Richards.
“The _Dendrobiinae_ of the Philippines”, a Zoom presentation by Mr. Jim Cootes from Australia
“The History of Trade of Columbian Orchids in the UK during the 19[th] Century”, a talk by Mr. Camilo Uribe Botta.
“Orchids at Kew and Past Orchid Festivals”, a Zoom presentation by Mrs. Bala Kompalli from Kew Gardens
“Taiwan and the World Orchid Conference 2024”, a talk by Dr. Stuart Meeson.
Two Auctions of orchids, where many plants are sold and purchased by members
An orchid-themed Photographic and Art Competition
At physical meetings members display their orchids, which are assessed and judged, and their history and cultivation requirements are discussed. Members have also sent photographs of their orchids in flower to the Chair of Judging and these have been judged by the O.S.G.B. judges, with the results being published on the O.S.G.B. website for all members to see.
## **Shows:**
Two Open Shows were held in 2024:
“The Spring Open Show” at Squires Garden Centre, Shepperton in April; and
“The Autumn Open Show” at Wraysbury Village Hall in November
At these Shows, members compete in 40 classes for cups and rosettes.
## **THE ORCHID SOCIETY of GREAT BRITAIN**
## **REPORT of SOCIETY ACTIVITIES (Continued)**
## **Displays:**
The Society built and manned four displays, three judged and one unjudged, during the year at the following events:
“The RHS Orchid Show” at RHS Lindley Hall, London in March; an unjudged display.
“The RHS Chelsea Flower Show” in May, when a Gold medal was awarded. This display was also awarded the Eric Young Orchid Trophy for the most meritorious group of orchids staged at any RHS show during 2024.
“The International Orchid Show” at the BBC Gardeners’ World Live event, NEC in June, when a Platinum medal was awarded.
“The RHS Hampton Court Palace Garden Festival” in July, when a Gold medal was awarded for a Display of Anguloas owned by OSGB member, Dr. Henry Oakeley. This display was also awarded two RHS awards; the Anthony Huxley Trophy for the best group exhibit of plants normally grown for decorative effect in a protected environment, and the Holford Medal for the best exhibit of plants and/or flowers staged by an amateur or group of amateurs at an RHS Show during 2024.
## **The Journal** (and other publications) **:**
Four issues of The Orchid Society of Great Britain Journal were published during the year. In all, this publication ran to 336 'all-colour' pages, and included articles on orchid cultivation, orchids seen in their native surroundings, members’ plants, botany and orchid pests, together with many photographs of orchids. Also included was news from orchid societies both in the UK and abroad, orchid book reviews, announcements and orchid nursery advertisements.
The O.S.G.B. Journal is received by all members of the Orchid Society of Great Britain, with new members receiving back issues where appropriate. An Annual Supplement is published annually in May containing the Society’s rules and activities; this is also received by all members. In 2013 an Anti-Fraud Policy was issued by the O.S.G.B. and in 2019 a Data Protection Policy was issued. Both of these policies are published in the Annual Supplement.
## **Library:**
The Society’s Library continued to acquire books and periodicals on orchids and orchid cultivation and to be widely used as a reference and lending library by the members of the Society.
THE ORCHID SOCIF.TY
of C.REAT BRITAIN
REPORT of SOCIETY ACTIVITIES (Continued)
Sponsorship:
The Sir Jeremiah Colman Gift Trust generously donaled £ 1.000 to the Soctety.
A £2.000 donation was received towards the cost ol" the displa}, t.or the RHS Chelsea
Flower Show.
Signed on behalf. ot. the Trustees:
Sally Mill {Trustee)
Date
o¥ 2025
Sue Johnson { l-rustee)
Appendix 1
# **THE BARBARA EVERARD TRUST for ORCHID CONSERVATION**
**ANNUAL REPORT for the YEAR ENDED 31st DECEMBER 2024**
82, HAZELWICK ROAD, THREE BRIDGES WEST SUSSEX, RH10 1NH
Telephone: 01293 547896
## **THE BARBARA EVERARD TRUST for ORCHID CONSERVATION**
**ANNUAL REPORT for the YEAR ENDED 31st DECEMBER 2024**
## **CONTENTS**
Information Governing Document & Objects List of Trustees Report of Trust Activities
## **THE BARBARA EVERARD TRUST for ORCHID CONSERVATION**
## **INFORMATION**
REGISTERED CHARITY NO. COUNTRY OF REGISTRATION REGISTERED ADDRESS
JCC 261273-A1-R
England
82 Hazelwick Road Three Bridges West Sussex RH10 1NH
HONORARY CHAIRMAN HONORARY SECRETARY HONORARY TREASURER
Dr. H. J. Millner Miss. A. C. Malin
Mrs. S. M. Mill
INDEPENDENT FINANCIAL EXAMINER
Mrs. K. Senior 25 Wordsworth Avenue Bournemouth BH8 9NT
BANKER
NatWest Bank PLC Eltham (A) Branch 65 Eltham High Street London, SE9 1TE
## **THE BARBARA EVERARD TRUST for ORCHID CONSERVATION**
## **GOVERNING DOCUMENT and PURPOSE of the TRUST**
The original Governing Document of the Trust is a “Declaration of Trust”, dated 26th June 1986, made by the founding Trustees, Alexander Cedric Robert Bristow, Leslie Ernest Bowen, Timothy John Lewis, Phillip James Cribb, Peter Maudesley and John Raymond Oddy.
This “Declaration of Trust” was updated on 4[th] September 2021 under Section 275, part 3.4, of the Charities Act 2011 to bring its purpose into line with current views on orchid conservation. The update was carried out by the Trustees at the time; Simon Edward Alves Pugh-Jones, Amy Charlotte Malin, Sally May Mill, Pearl Jenny Thomson, Susan Johnson, Galina Boyse, Lara Jewett and David McLaughlin. The updated “Declaration of Trust” was submitted to, and accepted by, the Charity Commission and became effective in July 2022.
The purpose of the Trust is to hold on trust all subscriptions and donations made and given for the furtherance of the charitable object hereinafter contained for the purpose (if and in so far as the same shall be charitable) of conservation of all orchids by encouraging orchid growing; providing education in any form regarding orchid growing including shows, publications and supporting research; by placing endangered orchids and specialist collections of orchids with suitable collectors / collections; by supporting ex-situ conservation of orchids by seed raising and ex-situ propagation both for in-situ reintroduction and introduction into cultivation in the United Kingdom.
## **BARBARA EVERARD TRUST for ORCHID CONSERVATION**
## **LIST of TRUSTEES**
In accordance with the “Declaration of Trust”, there are eight Trustees of the Trust. Six of these shall be the Trustees of The Orchid Society of Great Britain. The other two Trustees shall be the Curator of Orchids at The Royal Botanical Gardens, Kew and the Senior Supervisor of Orchids at the Royal Horticultural Society Garden, Wisley. The power of appointing new Trustees is vested in the surviving or continuing Trustees. The Trustees are all honorary and are as follows:
|Chairman|Dr. Helen Jean Millner|
|---|---|
||15 Orwell Close, Norton, Stourbridge|
||West Midlands, DY8 3JS|
|Secretary|Miss Amy Charlotte Malin|
||359 Ridgacre Road|
||Birmingham, B21 1EH|
|Treasurer|Mrs. Sally May Mill|
||82 Hazelwick Road|
||Three Bridges, W. Sussex, RH10 1NH|
|Trustee|Mrs. Pearl Jenny Thomson|
||11 Turpins Close, Oaklands|
||Welwyn, AL6 0QZ|
|Trustee|Mrs. Susan Johnson|
||Le Touquet, Station Road, Elsenham|
||Bishop’s Stortford, Herts., CM22 6LG|
|Trustee|Mrs. Galina Boyse|
||6 Braddon Road, Richmond|
||Surrey, TW9 2HR|
|Trustee|Dr. Andre Schuiteman|
||Nursery and Orchid Collection Manager|
||Royal Botanical Gardens|
||Kew, Richmond, TW9 3AB|
|Trustee|Mr. David McLaughlin|
||Senior Supervisor (Orchids)|
||The Royal Horticultural Society Garden|
||Wisley, Woking, Surrey, GU23 6QB|
BARBARA EVEIL4RD TRUST
for ORCHID CONSERVATION
REPORT ofTRUST ACTIVITIES
The Trustee5 have ¢ontinu¢d to invest the assets OA" the Trust to maximise income
without incu]ng risk; to lurther the aim oft. setting up national collections lo conserve
orchids. and to promote educaiion and conservalion.
During 2024. Ihe Trustees conftirn)¢d that ihey would continue their award scheme to
make grants aN'ailable to orchid growers holding National Plant Collections ot" Orchids.
public orchid collections in BotaniLal Gardens and speLialisl privaie collections ot
orchids. and to schemes which aid conservation of orchids. Th¢se granls can be given
for small capital projects. such as the purchasL' of plants. ¢quipm¢nt or maierials t.or the
I'urtherance ot- a collection. especiall), t-or educational proj¢¢ts or lor SLienlific work.
The grants are awarded twice yearly (or more frequcntly by arrangement ot" the
Truslees). the lotal amount given being up to the amounl of interest accrued during the
y¢ar (and carried over t-rom prel'ious yEars). Details of the scherne are publicised in tho
Journal ot The Orchid Society of Great Britain and are also circulated to th¢ British
Orchid Counctl and its member socielies.
Jn 2024. two awards were applied for. and granted:
An award ot"£l.150 was made to the Mathers Foundation to install a misting system in
their Plci ji?nL hous¢.
An award ot'£219 was made to Dr. Henry Oakeley for expenses inCued in digitising
the orLhid stamp Collection ot.the Reverend David Wood-Robinson so thal it can be
view¢d more widely.
Signed on behalt.of th¢ Trust¢es:
Sally Mill (Trustee)
Dat¢
01 2015
Sue Johnson (Trustee)
Appendix 2
## **THE BARBARA EVERARD TRUST FOR ORCHID CONSERVATION**
## **ANNUAL ACCOUNTS**
**FOR THE YEAR ENDED 31 DECEMBER 2024**
**CHARITY NUMBER JCC-261273-A1-R**
**KAREN SENIOR (MAAT) 25 WORDSWORTH AVENUE BOURNEMOUTH, DORSET BH8 9NT**
## **THE BARBARA EVERARD TRUST FOR ORCHID CONSERVATION ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Contents**
## **Page:**
- 1 Information
- 2 Report of the Independent Examiner
- 3 Receipts and Payments Account
- 4 Statement of Assets and Liabilities
- 5 Notes to the Accounts
**THE BARBARA EVERARD TRUST FOR ORCHID CONSERVATION 31 DECEMBER 2024**
## **General Information**
Registered Charity Number JCC-261273-A1-R Country of Registration England Hon. Chairman Dr. H.J. Millner Hon. Treasurer Mrs. S.M. Mill Hon. Secretary Ms. A. Malin Principal Office 82 Hazelwick Road Three Bridges West Sussex RH10 1NH
THE BARBARA EVERARD TRUST FOR ORCHID CONSERVATION
INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES
31 DECEMBER 2024
Independent examinerfs report to the trustees of the Barbara Everard Trust for Orchld Conser¥ation
I report to the trustees on my examination of the accounts of the 8arbara Everard Trust for Orchid
Conservation for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees, you are re5F)onsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 20111'the Act'l.
I reFM)rt in respect of my examination of the Trust'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 1451511bl of the Act.
Independent examinerfs Statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination which gives me cause to believe that in any material respect..
l. The accounting records were not kept in in accordance with section 130 of the
Charities Act.. or
2. The accounts did not accord with the accounting records; or
3. The accounts did not comply with the applicable requirements concerning the form
nd content of accounts set out in the Charities (Accounts and Reports) Regulations
2(8 other than any requirement that the accounts give a 'true and fair, view which
15 not a matter considered as part of an independent examination.
I have no concerns and have come across no other matter5 in connection with the examination to
which attention should be drawn in this reF)Ort in order to enable a proper understanding of the
accounts to be reached.
Karen Senior IMAATI
25 Wordsworth Aver)ue
Bournemouth, Dorset
BH8 9NT
Date..
## **THE BARBARA EVERARD TRUST FOR ORCHID CONSERVATION RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Note**
**Income**
Royalties
Donations
Interest receivable
Sundry sales
**Total incoming resources**
**Expenditure**
Conservation awards
Stock adjustment
Expenses
**Total resources expended**
**Net (outgoing) resources for the year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**2024**
**Unrestricted &**
**Total Funds**
**£**
**-**
**-**
**553**
**-**
**553**
**1,369**
**-**
**-**
**_______**
**1,369**
**_______**
**(816)**
**71,616**
**______**
**70,800**
|**2024**
**Unrestricted &**
**Total Funds**
**£**
**-**
**-**
**553**
**-**
**553**
**1,369**
**-**
**-**
**_______**
**1,369**
**_______**
**(816)**
**71,616**
**______**
**70,800**
|**2023**
**Unrestricted**
**&**
**Total Funds**
**£**
150
-
604
21|**2023**
**Unrestricted**
**&**
**Total Funds**
**£**
150
-
604
21|
|---|---|---|---|---|
|||||775
5,689
20
269
_______
5,978
_______
(5,203)
76,819
_______
71,616
|
|||**_**
|||
|||**_**|||
The notes on page 5 form part of these accounts.
THE BARBARA EVERARD TRUST FOR ORCHID CONSERVATION
STATEMENT OF ASSETS AND LIAB5LITIES AS AT 31 DECEMBER 2024
Note
2024
Unrestrirted
Funds
2023
Unrestricted
Funds
Current assets
Stock
Interest accrued
Cash at Bank CAF
Cash at Bank SW
Cash at Bank C/A
255
300
60,000
8.021
2.224
255
223
60,000
7,980
3,158
Total assets
70,800
71,616
Accumulated Trust Funds
As at I january 2024
Movement for the year
71,616
18161
76,819
15,2031
As at 31 December 2024
70,800
71,616
13 20.15
Approved by the trustees on ................
/?/ /5C2L
S. Johnson- Trustee
£rartuI
S.M. Mill- Trustee
rhe notes on page 5 form part of these accounts
# **THE BARBARA EVERARD TRUST FOR ORCHID CONSERVATION NOTES FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## 1. **Accounting policies**
## _**Income**_
- Donations are accounted for on a cash received basis
- Interest receivable is accounted for on an accruals basis.
## _**Expenditure**_
Expenses are charged to the income and expenditure account on an accruals basis. The costs so charges include VAT.
## _**Stock**_
Stock is valued at the lower of cost and net realisable value. Net realisable values were provided by the Treasurer.
**THE ORCHID SOCIETY OF GREAT BRITAIN**
## **ANNUAL ACCOUNTS**
**FOR THE YEAR ENDED 31 DECEMBER 2024 CHARITY NUMBER 261273**
**KAREN SENIOR (MAAT) 25 WORDSWORTH AVE BOURNEMOUTH, DORSET BH8 9NT**
## **THE ORCHID SOCIETY OF GREAT BRITAIN ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Contents**
## **Page:**
- 1 Information
- 2 Report of the Independent Examiner
- 3 Receipts and Payments Account
- 4 Statement of Assets and Liabilities
- 5 Notes to the Accounts
## **THE ORCHID SOCIETY OF GREAT BRITAIN 31 DECEMBER 2024**
|**General Information**||
|---|---|
|Registered Charity Number|J261273|
|Country of Registration|England|
|Hon. Chairman|Mrs. P.J. Thomson|
|Hon. Treasurer|Mrs. S.M. Mill|
|Hon. Secretary|Ms. A. Malin|
|Principal Office|82 Hazelwick Road|
||Three Bridges|
||West Sussex|
||RH10 1NH|
THE ORCHID SOCIETY OF GREAT BRITAIN
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
31 DECEMBER 2024
Independent examinerfs report to the trustees ol the Orchid Society of Great Britain
I report to the trustees on my examination of the accounts of the Orchid Society of Great Britain fov
the year ended 31 December 2024.
Responsibillties and basis of report
As the charity's tru5tee5, you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 20111.the Act").
I report in respect of my examination of the Trust's accounts carried Okjt 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 14515llbl of the Act.
Independent exam5nerfs ststement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination which gives me cause to believe that, in any material respect..
l. The accountin8 records were not kept in accordance with section 130 of the Charities
Act,. or
2. The accounts did not accord with the accounting records-, or
3. The accounts did not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities IAccounts and Reportsl Regulations
2(KJ8 other than any requirement that the accounts give a 'true ènd fairf view which
is not a matter considered as part of an independent examination.
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
ccounts to be reached.
Karen Senior IMAATI
25 Wordsworth Avenue
Bournemouth, Dorset
BH8 9NT
## **THE ORCHID SOCIETY OF GREAT BRITAIN RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Note**
**Incoming Resources**
_Voluntary income:_
Sponsorship and Donations
2
Colour Fund Donations
Interest receivable
_From Charitable activities:_
Subscriptions
Gift Aid on subscriptions
Sale of Badges, Binders, Fleeces, etc.
Raffles, Plant sales, Books, Refreshments
Advertising revenue
Show awards
**Total Incoming Resources**
**Resources expended**
_Cost of generating funds:_
Society product costs
_Charitable activities:_
Journal production costs
Display expenses
Hall and room hire
Programme expenses
Internet and library expenses
Printing, postage and telephone expenses
Bank and credit card charges
Insurances and subscriptions
Presentations and donations
Depreciation/(Appreciation)
**Total Resources Expended**
**Net incoming (Outgoing) Resources for the**
**year**|**Unrestrict**
**Funds**
**2024**
**£**
**3,000**
**2,124**
**1,149**
**20,072**
**3,076**
**235**
**5,402**
**760**
**3,313**
**_______**
**39,131**
**_______**
**504**
**17,371**
**8,873**
**1,660**
**1,722**
**323**
**814**
**64**
**393**
**1,000**
**(1,066)**
**_______**
**31,658**
**_______**
**7,473**
|**Total**
**Funds**
2023
£
4,275
1,880
626
15,919
2,847
285
4,995
1,257
2,628
_______
34,712
_______
563
16,064
7,831
3,095
1,939
299
510
58
409
1,000
-
_______
31,768
_______
2,944
|
|---|---|---|
||**_**
||
||**_**||
The notes on page 5 form part of these accounts
THE ORCHID SOCIETY OF GREAT BRITAIN
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024
Note
2024
2024
2023
2023
Fixed assets
Tangible fixed assets
Library books
Cups and Trophies
Equipment
4,263
14,990
479
3,197
14.990
Total tangible fixed assets
Investments
National Savings Bonds
Totsl fixed assets
19,732
18.187
24,732
23,187
Current assets
Stock
Debtors
Cash at Bank
Total current assets
1.912
1,367
Liabllltles
Creditors
Total current liabilities
Net current liabilities assets
65,783
59.855
Total net assets
The funds of the charity
As at l January 2024
Surplus for the year
83,042
7.473
80.098
2.944
As at 31 December 2024
13 2015
Approved by the trustees on ...........................................
S. Johnson - Trustee
S.M. Mill~ Trustee
The notes on page 5 form part of these accounts
**THE ORCHID SOCIETY OF GREAT BRITAIN NOTES FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## 2. **Accounting policies**
## _**Incoming resources**_
- All income other than interest is accounted for on an accruals basis.
- Interest receivable is accounted for on a cash basis.
## _**Resources Expended and irrecoverable VAT**_
Expenses are charged to the receipts and payments account on an accruals basis. The costs so charged include VAT where applicable.
## _**Tangible Fixed Assets**_
Tangible fixed assets are capitalized at cost and are depreciated to write off the cost over three or five years depending on the life expectancy of the equipment.
## _**Stock**_
Stock is valued at the lower of cost and net realisable value. Net realisable values were provided by the Treasurer.
## **3. Sponsorship**
|The Sir Jeremiah Colman Gift Trust
For Chelsea Flower Show display
Other Donations
**Debtors**
Prepaid Subscription (EOC)
**Creditors**
Advanced Income for 2025:
Subscriptions
Colour fund donations
Advertising revenue
Sponsorship|**2024**
2023
**£**
£
**1,000**
1,000
**2,000**
2,500
**-**
755
**______**
______
**3,000**
4,275
**______**
______
**2024**
2023
**£**
£
**-**
-
**______**
______
**-**
-
**______**
______
**2024**
2023
**£**
£
**6,133**
4,862
**714**
749
**-**
-
**1,000**
1,000
**______**
______
**7,847**
6,611
**______**
______|
|---|---|
## **4. Debtors**
## **5. Creditors**