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2022-12-31-annual-return

THE INSTITUTE OF NORTHERN IRELAND BEEKEEPERS Financial Income & Expenditure Notes

01 January 2022 – 31 December 2022

INCOME:

1. Membership Fees:

The balance shown on the Financial Income & Expenditure Statement is made up of Full (£27.50), Partner (£17.50), Country (£17.50), Local (£12.50) & Junior (£10.00) Membership Fees.

The Membership balance shown on the Financial Income & Expenditure Statement for 2022 shows an increase of 24.64% on the previous year.

2. Conference Fees:

There was no Income from the Annual Conference during the 2022 financial year due to precautionary measures taken post-COVID-19.

3. Gift Aid Reimbursement:

There was Income from the Reimbursement of Gift Aid during the 2022 financial year to the value of £1,051.47.

4. Honey Show & Black Jar Event Receipts:

There was no Income from the Annual Honey Shows or the Black Jar Event during the 2022 financial year due to precautionary measures taken post-COVID-19.

5. Marmalade Sales:

There was Income from Marmalade Sales during the 2022 financial year to the value of £221.00

6. Bee Craft:

There was Income from Bee Craft Fundraising during the 2022 financial year to the value of £630.00.

7. Donations:

The Income from General Donations shown on the Financial Income & Expenditure Statement for 2022 shows an Increase from £50.50 in 2021 to £267.50 in 2022. However, during the 2022 financial year donations were also collected in memory of our Past President, Bill Turnbull, which amounted to £410.00.

EXPENDITURE:

8. The main Expenditure of the INIB during the 2022 financial year has been for BBKA Affiliations (£1,783.50).

9. The remainder of the Expenditure incurred during the 2022 financial year has been for Bee Craft, the hire of the Village Centre & the upkeep of the INIB Website

It should be noted that during the INIB 2022 financial year some continued restrictions from COVID-19 were still ongoing, which unfortunately has affected every business, charity & voluntary organisation, and has reduced their Income & the opportunities for Fundraising Events. This also includes the unforeseen impact on their Expenditure.