CHARrrY REGISTRATION NUMBER: 290786
British Cactus and Succulent Society
Unaudited Financial Statements
30 September 2025
LLErr HULANCE
NTANTS
Chartered Certffied Accountants
40 Kimbolton Road
Bedford
MK40 2NR

British Cactus and Succulent Society
Flnancial Statements
Year ended 30 September 2025
Page
Trustees, annual report
Independent examiner's report to the trustees
Ststement of financial activities
Statement of financial position
Notes to the financial statements

British Cactus and Succulent Society
Trustees. Annual Report
Year ended 30 September 2025
The trustees present their report and the unaudrted financial 5tatement5 of the charity for the year
ended 30 September 2025.
Refereneè and admlnl8tratlve detalls
Registered charity nam•
8ritish Cxtus and s(￿lIent &￿iety
Charlty registratlon number
290786
Prlnclpal offk•
Boot Fam)
Walctr8t Lane
Litu8 Kingshill
Gt Missenden
HP16 ODR
Tho tru8tO•8
R Chanller
R James
E Maddwks
P Binl
I D ATm5trong
Or F Sengpiel
M Doorbar
RAPitts
(Resigned 26 Apnl 2025>
(Reslgned 1 March 20251
(Appointed 26 April 20251
(Appointed 26 April 2025}
(Appointed 24 May 20251
Ind•p•ndent examlner
Mark Botlomby ACA
40 Kimbolton Road
Bedford
MK40 2NR
Structurn, governance and management
The Soclety is an unincorporated assooabon governed by a deed dated January 3rd 1985, as
amendeé April 26th 2025. There are no corporale tru$lee$.
The $o¢i@ty ts managed by a Board of Trustees IBoT} c#)nsisling of six dected mernbers, one member
nominated by thè shows ccmmrttee and nine ￿￿rnber$ appointed by the trustees lo carry the following
jobs.'_ Treasurer. Membership Secretary, Journal Editor, Bradleya Editor. Journal Adverti5irig Officer,
Joumal Production Officer. Markeb'ng Officer. Publicabons OffKer and Website and Forurn
Administrator.
Thè elected members are'.- Chairrnan, Vwhairman, Secretsry and two members without portfollo.
Thè BOT carries out its work through a senes of meetsngs held throughout the year and by a system of
616ctronic de&sion making via e￿¥11.
The managernenl of scciety is camed oul on an entirely w￿￿ntary basis wilh only reasonable
expenses being refunded.

British Cactus and Succulent Society
Trustses. Annual Report (conthiu•d)
Year ended 30 September 2025
Objectives
The objectives of the soctty a￿ to advance the educatM)n of the public by the study, culture and
propagation of cacti and other succulent plants and tr) promote the conservatM)n of such plants. In
furtheran￿ of these general objectp4es, but not further or otheN*e. the $￿iety may.'-
1. gather and dissemin*e particulars of cuttNat'on and propwjatw,
2. hold meetFngs, shows, lectures, exhibitK)n5, visits lo colleth"ons', exchange plants. seeds and study
materials.. publish joumals, books. manuals and other materials.. and such other activrties as may
promote the objeelives
3. raise funds and invite and recewe contn"butions from any person or Fersons whatever by way of
subscriptions, publication of bjoks, manuals and other materials and otherwise. provided that the
society shall not undertake any permanent trading activit￿ in raisiry hjnds for its primary charitable
objectives.
Actlvbtl•8
The SOc￿ty offers a programme of meebngs. shlY￿ and events.
The BCSS nonnalty holds a Nstsonal Show as a fiagship event every four years. The last Natlonal
Show was in 2022 and the 2026 show is currentty being planned.
The Show will take pl&e over days, *tyth slaging and judging of the exhibits taking place on
Saturday, and the show is open to thè publlc on Sunday.
The BCSS rnonthty free online talks conkn'nue lo attract a large worldwide audi8nc8 and is open to
anyone interested in our plants In many cases these talks on Zcom may be the only intsractive means
of people linking in with the society owing lo factors such as.. distance from a branch. age. illness, or
disabilrty.
The work of the Research Commrtt8e and the Conservation Comfflrttee 1$ central to our objectives.
The Society has decided lo increase the budget of the Research Committee up to a maximum spend
of £20,000 per year.
The Board has also been reviewng the complrance of the Society wrth General Data Protection
Regulation (GDPR} and the Online Safety Act (OSA). The &Kiety conb"nue$ to modernise its IT
hardware and sothvare and lo adapt rts digital presence to a constantly changing environment. The
Board has appointed an IT professional as IT markiger, a fo￿ previously filled by a trustee on
voluntary basis. This will put the Society in a much stronger posrtion to deal with IT-relaled threats and
keep our InfraSt￿Cture up lo dale.
The Society's online presence remains to be very popukr. Thousands of people, t¥)th members and
non members, receive the monthty eNews Hundreds tune in to the mTh)thly Zoom talks, and we are
very grateful to our excellent speakers for gNing up their time for the BCSS. Our F￿￿0k group has
nearly 6,(M)O members, wrf(h many contn"bubng regulaty.
Our print publtalions Caclusworld and Bradley contsnue to be of the highest quality and flagships of
our Society, and we thank tKJth the editonal teams and the aUth￿S of the arb.cles for their efforts.
The local branches are the lifeblood of the Society,. they are the F)n'mary means for members lo meet,
buy and show plants and listen to talks. We are grateful to ￿1 the branch officials for the work they do.

British Cactus and Succulent Society
Trustees. Annual Report (¢Mlinu•dJ
Year ended 30 S•ptember 2025
Achlevemènts and performance
The Society's membership remains buoyant. Wth 85 new subscn"bers. the total membership increase¢
from 2,912 to 2,997, compared to the same knme last year. of whom 298 (10%) were based overseas
(a decrease of 13 ￿ainSt 2024).
Con18Ct contsnues to be maiftlained wtth simrtar sc¢ieties in many countries, mDSt notably the USA,
and Europe. The Scciety Joumal Icaclusworldl was published to members In December, March, June
and Septernber. The more technical year book BRADLEYA 2025 edilKJn was publish8d in May.
Flnanclal revlew
The year to 30th September saw the Society make a defiu't on ordinary activities of £9,433 which
included conservation and research grants made of £8,305. Revaluation of investments shows
*Jeficit of £15,638 giving an overall def￿rt of £25.070 for the year. Total financial assets at the year*nd
amounted to £453.836 of wttich £13.770 represented restr￿ted funds primarily for conserwation and
search projects. The aim outsKle these restricted fvrKls Is to hc4d the equivalent of tsvo years
expendilure as a resérve. No funds are hekj on behalf ot others.
The tNstees' annual report was approved on 6 Decembef 2025 and ￿gned on behalf of the board of
trustees by..
R Chanller
Trustae
ngpEI
Trustee

British Cactus and Succulent Society
Independent Examinerfs Report to the Trustees of British Cactus and
Succulent Society
Y•ar endod 30 September 2025
I report to the Iruslees on my examinat￿ of the financial statements of Briti"sh Cactus and Succulent
So¢Ety Ilhe charty) for the year erKied 30 September 2025.
R88pon8lbllltle8 and basls of report
As the trustees of the charty you are responsible for the preparab'on of the finanaal statements in
accordance with the requirements of the Charities Act 2011 {'the Ad}.
I report in respect of my examination of the charty's financ￿1 statements Carried out under section 145
of th8 2011 Act and in ca￿ing out my examinakn.on I have followed all the applicable Directions given
by the Charity comrni55￿n under Section 145{5llbl of the Act.
Ind•pondont oxamlnorfs statement
I have completed my 0xaminat￿n. I ￿nfirni th81 material matters have come to my ottention in
connection with the examinabon gNing me Cause lo belthie that in any matenal respect..
accounting records were not kept in respect of the charity as required by secb'on 130 Of the
Act., or
the financial stslements do not accord with those records,. or
the financial statements do n(A CoM￿Y with the appIThb￿ requirements coneeming the form
and content of accounts sel out in the Charili8s (Accounts and Rewrtsl Regulab'ons 2008
other than any reqU1￿ment that the accounts gNe a 'trua and faif vth¥ which is not a matter
considered as part of an inoependenl examination.
I have no con
which attenl.
accounts I
s and have come •yoss no other matters in conneCt￿n ￿th the examination to
should be drawn in this report in or(ler to enabk a Proper understanding of the
ached.
mley ACA
dependent Examiner
bohon
Bedfoid
MK40 2NR
17 February 2026

British Cactus and Succulent Society
ststement of Financial Activities
Year ended 30 September 2025
2025
Restricted
fund5 Total fvnds Total funds
2024
Unrestricted
funds
Income and endowments
Donations and legacies
Other trading activities
Investment income
13,014
101,727
12,053
126.794
10.708
23.722
101.727
12,348
6,753
109,054
12,985
295
Total Income
11,003
137.797
128,792
Expenditure
Expenditure on raising fvnds".
Costs of raising donations and legacies
Costs of other tradirkg activities
Expenditurè on chanlable activities
Totsl •xpfrndlturn
3W
119,205
19,419
8.305
8.605
119.205
19.419
147,229
12,776
106,471
23,034
142,281
138,g24
8,305
Nel Ilossesllgain$ on investmènts
115.2641
{374)
{15,6381
31.938
Net (Ox￿ndItulaVlnC0rno and not
movement In fund8
127,3941
2,324
(25,070)
18,449
RKonclllatlon of funds
Total funds brought torwar¢l
Tot81 fund8 carrl•d forward
467,459
440,C65
11,446
13,770
478.905
460,457
478,906
453,835
The statement of financial xliwtses Includes all gains and reccgniséd in the yèar.
All income and expendrture derive from continuing actiwts'es.
Th• notes on Pa￿ 7 to 14 forni part of financlal statements.

British Cactus and Succulent Society
Slatement of Financial Position
30 September 2025
2025
2024
Flxed assets
Investments
12
346.807
362,445
Current ¥SS8t8
Stock5
Debtors
Cash at bank and in hand
13
14
41.269
2.294
82.113
125,676
45.716
2.294
85,517
133,527
Ciedltord: arnounts falllng du• within one year
Nel curront assets
15
18.648
17,066
11e,461
478,
478,￿6
107,028
Totsl assets le88 eiirr•nt Ilablllti
453.835
Net assgts
453,835
Funds of the ¢harlty
Restricted funds
Unreslricled funds
13.770
440,065
11,446
467,460
Total charlty lunds
16
453,835
478,9C
These financlal statements were approved by the t#)ard of tn￿tee5 aThJ authorised for Issue on 6
Decembef 2025, and are signed on behalf of the board by.
R Chantler
Trustee
p￿1
Trus
Tho not•s on paw 7 to 14 farni part of th•w Ilnanclal statements.

Brltlsh Cactus and Succulent Society
Notes to the Financial Statsments
Year ended 30 September 2025
Gonoral inforrnation
The charty is a public benefit entity and a registered charity in EngLand and Wales and is
unincorporated. The address of the principal office is Suffolk House, 2 Oak Hill, Washingborou9h.
LN4 18A, Lincs.
ststement of Gompllanc¢
These financial statements have been prepared In compliance wth FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland.. the Ststement of
Recommended Practice applicabbe to tharities preparing their accounts In a￿rdance with the
Financial Reportbng Standard applicab￿ in the UK and Republic of Ireland IFRS 1021 {Chaflties
SORP {FRS 10211 and the Chantw Act 2011.
Accountlng pollcl••
Ba•18 of pre￿ratIon
The financial Statements have been prepared on the histon'cal cost basis, as modified by the
rèvaluation of certain financial assets and Ilabllitw and investment properties measuT8d at fair
value through income or expenditure.
The financi81 statements are prepared in sterfing, whlch is the functsonal currency of the entity.
Golng ¢oncem
There are no malen'al uncertaint* about the tharitys to conts'nue.
DIs¢1￿Ul• •x•mptlon•
Th8 entity satisfies the criteria of being a qualty'ng entity as definèd in FRS 102. Its financial
statements are wnsolidaled into the financial statements of lenler name of group financial
stalefflenlsl wh￿h can be obtained from lenler detail). As such, advantage has been taken of the
folbwing disclosure exemptions available under paragraph 1.12 of FRS 102..
lal No cash flow statement has teen presented for the company.
bl Disclosures in respect of financial instrument5 have not been presented.
Judg•ments and k•y ¥our¢88 of ••tlrnatlon unc•rt•lnty
The PTeparalNin of the financial ststements requires management to make judgements.
eslimales and assumpknons that affect the amounts reported. These estimates and judg&ments
are continually reviewed and are based on expenence and other factors, including expectstions of
future events that are believed to be reasonable under the ￿rCumstanCes.
Fund accountlng
Unrestricted funds are available for use at the discre1K￿ of the trustees to further any of the
¢harity's purposes.
Designated funds are un￿strICted funds earmarted by the trustees for particular future proje¢t or
cornrnitment.
Restricted funds are subjècted to restrictions on their expenditure d&lared by the donor or
through the terms of an apFeal, and fall into ￿e of two sutrflasses.. restn'cted income funds or
en(iowment fvnds.

British Cactus and Succulent Society
Notss to the Flnancial Statsments
Year ended 30 September 2025
Accounting poll¢los (coftthu
Incoming rnsourc•s
All incoming resources are included in the statement of financial a¢tiviti'es when entitlement has
passed to the charity.. il is probable that the economic tenefils associated with Ihe Iran5adion will
ow to the charity and the amount can be reliabty measured. The folbwng specific policies are
applied lo Pa￿Ular categ¢y￿s of 1￿me..
income from donab'ons or grants is recognised when there is evthn¢• of entrtlement to the
gift. receipt Is probable and rts amount can b8 measured rdiably.
legacy Income is rwnk8ed when receipt is probable and entitl8ment is established.
incom& from donated goc>Js ts measured al the fair value of the goods unle55 this is
impractical to measure reliably. in wh￿h case the value is derived from the cost to the donor
or the estsmated resale value. Donated facilit￿ and services are rewanised in the accounts
when received if the value can be relkabty measured. No amounts are included for the
contributbon of general volunteers.
income trom contracts for the supply of servi￿$ is recognised with the del￿ery of the
contracted service Thi$ classified as unrestricted funds unless ther8 is a conlra¢lual
requirement for il to be spent on a partieuLar and retumed if unspent, in which case
it may b8 regarded as restrKted.
R••ourc•s oxpond•d
Expendrture is recc¢3nised on an accruals basis as a liability ts incuffed. Expanditure includes any
VAT which cannot be fully recovered, arKI is classified under headings of the statement of
financ￿1 activities to which il relates..
expenditure on ralsing funds includes Ihe costs of all fundraising xtivitses. events, non-
charitable trading activitses, and the sale of donated gcods.
expenditure on charitabk aCtIvrt￿ includes all costs In￿rred by a charity in undertakin9
ath'vities that further its charIlab￿ aims for the benefit of its beneficiaTies, induding those
support costs and costs rebatsng to govemance of the charity appOrt￿ned to Charitab
activities.
other expendrture includes all exper￿llure that is neither related lo raising funds for the
charity nor part of its expendrture on charrtable actNrt￿.
I costs are allocated to eXpendrtU￿ categorw refi8cb.ng the use of the ￿source. Direct costs
attributable lo a single actNty are allotrAted diredy to Ihal activity. Shared costs a￿ apportioned
be￿een the activities they contTibute to on a reasonable, justsfiable and consistent ba￿s.
Investfflents
Unlisted equity investrnenls are initHlly recorded at cost. and subsequently measured at fair
value. If fair value cannot be re1k9￿ measured. assets are measured al cost less impairment.
Listed investments are measured al fair Val￿ vmh changes in fair value being recognised in
income or expenditure.

British Cactus and Succulent Society
Notes to the Flnancial Statements
Year ended 30 September 2025
Accountlng pollcles (C￿
Invostmgnt8 In auociates
Investments in associates accounted for in accordance wtih the cost m(MJel are r￿rded al cost
less any accumulated impairment bsses.
Investments in associates accounted for in ac£ordan¢e with the fair value model ar& inibally
recorded at the transaction price. Al each rewrting date. Ihe investments are measured at fair
value, with changes in fair value taken through income or expendrture. Where it 1$ impracticable
to measure fair value relrably the Cost m¢knl will be adopted.
Dividends and other distritr￿1OnS receNed from the investment are recognised as income without
regard to whether the dislributsons are fr¢)m accjjmulated proffits of the aSs￿late arising b8fore or
aftar the date of acquisiti'on.
Invo8tm•nts In ￿1Th1 venturn•
Investments in loinlty controlled entilie$ accounted for in x£ordance wth the cost model are
recorded al cost less any accumulated impai￿ent bsses.
Investments in joindy clintrol￿d entits'es accounted for in ￿)rdance W￿th the fair valu8 model are
initrdlly recorded at the transactson price. At e￿h reporbng date. the Investments are measured at
fair value, with changes in fair value laken through income or èxpenditure. Wher8 It is
impracticable to measure fair value reIra￿Y the ¢ost mtsjel will be adopted.
Dividends and other distribut￿)n$ received from the investsnent are re¢ognised as income without
regard to wh&thèr the dislributK)ns are from accumulated pyofits of the joint venture ansing before
or after the dale of acquisition.
Impalrni•nt of Ilxed as8•ts
A review for indicators of impairment is Carried out al each rep)rting dale, wth the recoverable
amount being esb"mated where such indicators exist Whefe the carrying value exceeds the
fecoverable amount, the asset is impairéd aC￿)rdIn9ty. Prior impaiments are algo reviewed for
possible reversal at each reporting date.
For the purposes ol impainnent testing, when il ts not pos%ble to estimate the T8coverable
amount of an individual asset, an estimate is made of the recoverable amount of the ¢a$h-
generating unil to which the asset tdongs. The cash-generating unil is the smallest identifiablè
group of assets that includes the asset and generales cash inllows that largely indeFendent of the
ash inflows from other assets or groups of assel5.
For impaiment tesling of goodw"Il. Ihe goodw"Il acquired in a bu5ines$ combinakn'on 1$. from the
acqUisit￿n date, allocated lo each of the cash-generating units that are expected lo benefit from
the synergies of the ¢ombinatson. irrespective of WI￿ther other assets or liabilities of the Charity
are asS￿ned to those units.
stocks
stocks a￿ measured at the lower of cost and eth'maled selling price less costs lo complete and
sell. Cost includes all costs of purchase, costs of conVerS￿n and other costs Incurred in bringing
the stock lo ils p￿ent location and ts)ndrt￿.

British Cactus and Succulent Society
Notes to the Flnancial Statsments (c¢wthu•
Year ended 30 September 2025
Accounting policies (copthwdj
Financial In8trum•nts
A financial asset or a financial liability is recognised onty when the Chanty becornes a paty lo the
contraclual provisions of the instrument.
Bas￿ financial instnjments are initalty recognised at Ihe amount receivable or payable induding
any related transaction costs.
Current assèts and current I￿￿'IrtieS are subw]uenUy measured at the cash or oth8r
considgralion expected to te paid or recewed and not discounted.
Debt Instruments are subsequenty measured at amortised cosL
Where investments in shares are publKty traded or their far value can othewse be measured
reliably. the investment is subsequently measured at fair value with changes in fair value
recognised in income and expendrture. All other 8u¢h ￿1VeStMents are $Lbbsequently measured at
cost less irnpairment.
Other financial instruments. induding denvats'ves. are inib.ally recc¥ni8ed al fair value. unless
payment for an asset is deferred beyond nomal business terms or financed al a Tate of Inte￿$t
that is not a market rate, in which case the asset is measured at the present valué of the future
payments discounted at a market rate of interest for a similar debt instrumenl.
Other f+nanckql instruments a￿ subsequentty measured at fair value, with any changes
ognised in th¢ Statement of fina￿la1 xlivibes, with Ihe exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amorttsed cost ar8 reviewed for objeclive evidence
of impairment al the end of each reporting date If the￿ is objects'va evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of hnancial
activkies in which the inlilal gain was recognlsed.
For all equity instruments regard￿ of Si9nrf￿anCe. and other financial assets that are
ndividually slgnrficanl, these a￿ assessed indiv￿￿alty for impairment. Other financhql assets are
either assessed individually or grouped on the basis of similar credit risk chara¢terislics.
Any reversals of impairment are recogntsed immediatety, to the extent that the ￿verSal does r
sull in a carying amounl of the financial asset that exceeds what the carying amount would
have been had the impainnenl not pre￿oUSty been recognised.
Donatlon• and l•gacl
Unrestrided
FurKIs
Restn'cted Total Fund•
Funds
2025
Donatlons
Donations and bequests
Gift aid recovered
6,891
6.123
10,170
538
17,C61
6,661
23,722
13.014
10,708
-10-

British Cactus and Succulent Soclety
Notss to the Fir￿n¢la1 Statements
Year ended 30 Septern￿r 2025
Donations and legacles {conlinirt
Unrestricied
Funds
Restrict&Y Total Funds
Funds
2024
Donallon8
Donations and bequests
Gift aid recovered
1,203
295
1,203
5,550
6,753
5,2SS
5,255
1,498
Othor trading activitlas
Unrestrthd Totsl Funds Unrestricted Toi81 Funds
Funds
2025
Funds
2024
Subscription$
Conventions and shows
Books, publical*)ns and seed sales
Advertising and miscellaneous
53,850
4.179
43.540
53.850
4.179
43,540
158
52,705
7,754
48,355
240
52.705
7.754
48,355
240
101.727
101.727
109.054
109,054
InV￿trn￿fil Incom•
Unfestrtlèd
Fund$
Restricted Total Funds
Funds
2025
Bank interest receivable
12.053
295
12,348
Unrestricted
FurMIs
Reslrieted Totsl Funds
Funds
2024
Bank interest receivable
12,401
12,985
Costs of oth•r tr•dlng acllvltl•8
Unrestricted Total Funds Unrestricted Totsl Fund5
Funds
2025
Funds
2024
Costs of other tr&Jing actmties
119,205
119,205
106.471
106,471
Expendltur• on eh•rltable acllvltlgs by lund type
Unresirthd Total Funds Unresthded Total Funds
Funds
2025
Funds
2024
Support o)sts
19.419
19,419
23,034
23,034
11

British Cactus and Succulent Society
Notes to tho Financlal Statements (¢oftllnwdJ
Year ended 30 sept￿nber 2025
Net11088osygains on investsnonts
Unrestricled Restricted Tolal Fund¥
Funds
Funds
2025
Gainslllosses} on listed investrnents
(15,264)
13741
(15.6381
Unrestricted
Funds
Rèstricted Total Funds
Funds
2024
Gain8lllr)s¥es) on listed invesknents
30.502
1.436
31,938
10. Independfrnt •xamlnatlon fms
2025
2024
Fees payablè lo the independent examiner for.
Independent &xaminalion of the financial statements
1,300
1,150
11. TTu81•• r•muneratlon •nd expon8•S
No wmurwation or other benefits from emFAoymenl wth the charity or a felalèd enttty were
received by the trustees, but expenses were reimbursed totallitvj £39112024 - £5441. £91 relatèd
lo postage and £300 was in relab.on lo other expenses.
12. Investment8
Llsted
InvMlm•nts
Cost or valuatlon
Al 1 October 2024
Additicns
Fair value movements
362.445
(15,638)
346,807
At 30 S•pt•mb6r 2025
Impalrnient
Al 1 October 2024 and 30 Septemb•r 2025
Carrying amount
At 30 Septemb•r 2025
AI 30 September 2024
346,807
362,445
All investrnents shown above are held at valuatk)n.
Flnan¢lo1 assets hekl at fair valu¢
The fair value of investments is thwr market value as at the year end.
-12-

British Cactus and Succulent Society
Notes to the Flnancial Statsments (Cothinued)
Year endod 30 September 2025
13. Stocks
2025
2024
Raw malerrals and con5urnables
41,269
45.716
14. Debtorn
2025
2024
Prepayments and awrued income
2,294
2,294
15. Cr•dltors: amounts tslllng du• withln on• year
2025
2024
Trade creditors
Accruals and deferred income
Sccial securty and other tsxes
11.229
2.151
5,268
18,648
13,619
1,300
2,147
17,OS6
16. An•ly•ls of charltable funds
Unr•8trl¢ted fund•
Gains and
At
losses 30 Sapt 2025
At 1 Oct 2024
Income EKpanditure
General funds
467,459
126.794
1138,924)
{15,2641
440,065
Gains and
At
bs5es 30 Sept 2024
Al 1 Ocl 2023
Income Expendrture
General funds
439.753
126.710
{129.505)
30,502
467.460
Re•trSct•d funds
Gains and
At
losses 30 Sept 2025
At 1 Ocl 2024
Income Expenditure
Restricted Fund
11,446
11.003
(8,3051
{374}
13.770
Gains and
At
losse5 30 Sept 2024
Al 1 Oct 2023
1￿me Expenditure
Restricted Fund
20,704
2.082
(12,776)
1,436
11,446
-13-

British Cactus and Succulent Society
Notes to the Flnancial Statements (continued)
Year ended 30 September 2025
17. Analysis of nel agsets betwe•n fvnds
Unrestrthd
Funds
Restricted Total Funds
Funds
2025
Investments
Current assels
Credrtors less than 1 year
Not assets
346.807
111,905
(18,6471
440,065
346.807
125.675
118,6471
453.835
13,770
13.770
unreStr￿ted
Fund$
Restricted Totsl Funds
Fund5
2024
Invèstments
Currènt assets
Cffjdilors less than 1 year
N•t a•80ts
362.445
122.081
(17,C66)
467,460
362,445
133.527
117.0661
478.906
11,446
11,446
-14-