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2020-12-31-accounts

The CB Dennis British Beekeepers, Research Trust Accounts for the Year ended 31 December 2020

The CB Dennis British Beekeepers’ Research Trust

Charity Information for the year ended 31 December 2020

Trustees: Mr Simon Baker, BSc., MS Dr David Aston, BSc., MSc., PhD., N.D.B. Ms Brenda Ball, BSc. Prof MarkJ F Brown

Dr Nicola Bradbear, BSc., PhD.
Dr David Dixon, BSc., PhD. resigned May 2020
Mr Norman Carreck, BSc., C.Biol., FRSB., FRES., NBD.
Mr Phillip Hughes BSc,ACA appointed May2020
ProfJuliet Osborne appointed December 2020
Secretary: MsBrendaBall,BSc.

Treasurer: Mr Phillip Hughes BSc, ACA

Registered Office: 104 Lower Luton Road
Wheathampstead
Herts
AL48HH
Charity number: 328685
Independent Lamburn &Turner Chartered Accountants
Examiners: Riverside House
3 Place Farm
Wheathampstead
Herts
AL48SB

Hon Treasurer: Mr P J Hughes

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Registered Charity No. 328685

Trustees Annual Report for the year end 31% December 2020

Report on Activities

Trustees

David Dixon retired from the board in May 2020 after 22 years’ service to the Trust, including 19 acting as chairman.

The following appointments were made:

Grants paid in 2020 - £59,266

The following grants were paid, some of which were approved for support by the Trust in prior years.

  1. Sussex University: Total paid £37,410 made up of two grants:

i). Quantifying foraging competition and improving floral resources for bees and pollinator species. Veronica Wignall, supervised by Prof. Francis Ratnieks LASI, University of Sussex. PhD studentship jointly funded with University of Sussex. Start date: October 2016 duration 48 months. Total paid £ 10,717

ii) Wild honey bees in Britain: colony density & survival, nest site availability, diseases & natural resistance, genetic structure & gene flow. Oliver Visick, supervised by Prof. Francis Ratnieks LAS!, University of Sussex. Start date: March 2020, Total Paid £26,693.

  1. The National Honey Show Sponsorship towards the videoing of lectures for distribution on YouTube. Total! paid £4,500

  2. BBKA Spring Convention Sponsorship towards the recording of three lectures to aid knowledge transfer and the communication of research outcomes. Total paid £1,197

4, Aberdeen University: Deformed Wing Virus (DWV), bee cognition and brain gene expression. Led by Dr Fabio Manfredini & Dr Alan Bowman, School of Biological Sciences, University of Aberdeen. The project runs from June 2020 for 20 months. Total paid £16,159

Applications for grant funding in 2020

A summary of applications reviewed at the board meetings held on Monday 27" April and Monday 19"* October 2020 is presented below.

Registered Address: 104 Lower Luton Road, Wheathampstead, Herts. AL4 SHH Trustees: D.Aston, BSc.,MSc.,PhD.,NDOB.,.S.Baker, BSc..MSc., B.V.Ball, BSc., N.Bradbear,BSc.PAD., Prof. M.J.F Brown, MA., PhD., N.Garreck, BSc.,C.Biol.,-FRSB.,FRES,NDS., P.J.Hughes, BSc, ACA, Prof. Juliet Osborne BA, PhD

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Dr Anita Malhotra, Dylan Elan, Bangor University & Dr David Wragg, University of Edinburgh. |
Title: Gene Expression in relation to viral joad and genetic background in Welsh honeybees
Start date: May 2020, duration 8 months Total requested: £10,438
application was not successful
Dr Fabio Manfredini & Dr Alan Bowman, University of Aberdeen
Title: DWV, bee cognition and brain gene expression.
Start date: june 2020, duration 20 months Total requested: £26,932 |
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The application was not successful

The application was successful.

Dr Karl Wotton, University of Exeter & Professor Lena Wilfert, Ulm University, Germany Title: Migratory bumblebees as disease vectors to honeybees. Start date: August 2020, duration 24 months Total requested: £27,640

The application was not successful.

Dr Yannick Wurm, Queen Mary University of London & Asst. Professor Brandon Hopkins, Washington State University

Title: Pilot study: Rapid virus and pathogen diagnostics. Start date: July 2020, duration 12 months Total requested: £29,326

The application was not successful.

Prof. Francis Ratnieks, LASI, University of Sussex. Title: Wild Bees in Britain.

Start date: Sept 2020, duration 4 years Total requested: £104,025

This revised proposal addressed all the issues raised at the last review meeting in 2019. It was agreed the application was successful.

October 2020

Prof. Ellie Leadbeater & Maddy Vierbuchen, Royal Holloway University of London Title: Information-seeking behaviour by UK beekeepers for hive health management practices Start date: January 2021, duration 5 months Total requested: £19,837

The application was not successful.

Joint studentship with Bee Diseases Insurance

This joint initiative in partnership with Bee Diseases Insurance Ltd. was a landmark in the history of the Trust. For the first time we were able to initiate research by invitation and help to train young scientists to secure a future for bee research in this country.

The project funded is entitled: Transmission of M. plutanius and the establishment of symptomatic European Foul Brood disease during pesticide exposure at field realistic levels. Led by P Graystock & R Gill, [mperial College Londan & $. Evison, University of Nottingham. The C B Dennis Trust is managing the administration of the project funding and 8D! have paid their first year contribution before the end of 2020, included in creditors (£14,518), but at year end year the Trust has not been invoiced by the University.

Web Site

Financial Review for 2020

The Trust’s investments continue to be managed by the brokers Walker Crips Weddle Beck pic. They are maintaining a good dividend return in a difficult market. The value of the fund has dropped this year, mainly as a result of the weakness in the London stock exchange arising from concerns regarding the Covid-19 Pandemic. The value of investment at 31° December 2020 was £1,150,704. ( 2019: £1,306,605)

The Trust approved an investment policy in 2020 and the transition to investments complying with the policy is nearly complete.

The Trust has been encouraging good quality grant applications. However, this year has been challenging for the undertaking of research as the Covid-19 pandemic has restricted progress due to the need to ensure work is undertaken in a safe and secure environment. The grants paid this year are, as a result, slightly lower in 2020 at £59,266 compared with £78,600 in 2019.

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Brenda V Ball :
Honorary Secretary.
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March 2021
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Registered Address: 104 Lower Luton Road, Wheathampstead, Herts. AL4 BHH Trustees: D-Aston, 8Sc.,MSc.,PhD.,NDB.,S.Baker, BSc.,MSc., B.V.Ball, BSc., N.Bradbear,BSc.,PhD., Prof. V.J.F Brown, MA., PhD., N.Carreck, BSc.,C.Biol.,FRSB.,FRES,NDB., P. J.Hughes, BSc, ACA., Prof. Juliet Osborne BA, PhD

TheCBDennisBritish Beekeepers’ ResearchTrust ee
,		 ee
,		 ee
,		 ee
,
BalanceSheetasat31December2020
Notes 2020 2019
£ £
CURRENTASSETS
LISTEDUKINVESTMENTS
Securities asvalued byWalker CripsWeedle Beck PLC 1,150,704 1,306,605
ManagedDepositaccount 93,545 790
‘Income Depositaccount 4,781 116,050
DEBTORS
‘cash atBank -CAF 31,142 2,240
CURRENT LIABILITIES
‘Sundry Creditors 741 600
‘Grant Funding ex BDI received in advance ofGrant Payment 14518
NETCURRENTASSETS 1,264,913 1,425,085
REPRESENTEDBY:
[ACCUMULATEDFUND 1 1,264,913 1,425,085
‘Approved
8\lNedu‘		 Trustee

i

The CB Dennis British Beekeepers' Research Trust

Statement of Financial Activities for the year ended 31 December 2020

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|||||||||| |---|---|---|---|---|---|---|---|---| |Notes|Unrestricted|Total|Total| |Funds|Funds|Funds| |2020|2026|2079|i| |£|£|£|i| |income|Resources| |Donation|5|59|5S|426||| |Interest|Received|3,807|3,807|3,939| |Dividends|41,804|41,804|46,757||| |Other income|0|8)|Oo.| |45,670|45,670|Si, 122}| |Resources expended| |Grants awarded|2|59,266|59,266|78,600| |Administration| |Trustee|expenses|389|339|993||| |‘Treasurer's|honorarium|0|3)|750| |Room|Hire|0|0|272| |‘Bank|Charges|60|60|60||| |Advert|0|a)|173| |Accountancy|600|600|600| |‘Donation|made|0|¢)|0| |Investment|managed|costs|10,815|10,815|10,028| |71,130|71,130|91,482| |Net|incoming|resources|before| |other|recognised|gains and|(losses)|(25,460)|(25,460)|{40,361}| |Net|realised|(losses}/gains on|4|(246)|(216)|15,340| |investment|assets| |Unrealised|net|(osses)/gains on|4|(134,496)|(134,496)|146,548|-|,| |investment|assets| |Net movement|In funds|(160,172)|(160,172)|121,527| |Total|funds|brought|forward|1,425,085|1,425,085|1,303,558| |Total funds|carried|forward|1,264,913|1,264,913|1,425,085|||

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The CB Dennis British Beekeepers’ Research Trust

‘Notes tothe accountsfortheyear ended 31 December 2020 ‘Notes tothe accountsfortheyear ended 31 December 2020 .
2020 2019
Note 1 £ £
Accumulated funds
Balance as at 1 January 1,425,085 1,303,558
Net (decrease)/increase in value of investments (134,712) 161,888
Deficit of (expenditure)/incame over expenditure {25,460} (40,361)
1,264,913 1,425,085 i
Note 2 2020 2019
£ £
Grants awarded
Marine Biological 24,141
University ofSussex 37,410 25,744
Edinburgh University 26,616
National HoneyShow 4,500
BBKA Spring Conference 1,197 2,099
University ofAberdeen 16,159
59,266 78,600
Note 3
Dividend Income
The brokers Watker CripsWeddle Beck plcare holding dividend income earned in 2001
to2026 on behalfofthe trust. They are also holding interest earned onthe funds held ;
bythem forthe same years.
Note 4

Realised and unrealised gains and lasses on Securities

Realisad and unrealised profit and losses have been identified in the revenue account

‘Note 5 ‘Donations

Includes donations from Individual donors

Independent Examiners Report to the Trustees of

The CB Dennis British Beekeepers’ Research Trust

on the Financial Statements for the Year Ended 31 December 2020

We report on the accounts of the charity for the year ended 31 December 2020, which are set out on the following pages.

Respective responsibilities of trustees and examiner

As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section144{2) of the Charities Act 2011 (the 2011 Act) does not apply.

It is our responsibility to:

{under Section 145{5}(b) of the 2011 Act); and

Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. it also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with our examination, no matter has come to our attention:

Beverley Turner

Lamburn & Turner

Chartered Accountants Riverside House 3 Place Farm Wheathampstead

Dated 12 March 2021