## **THE INSTITUTE OF NORTHERN IRELAND BEEKEEPERS Financial Income & Expenditure Notes 01 January 2023 – 31 December 2023** 

## **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 2023 shows a decrease of 34.75% on the previous year. 

It should also be noted that Membership Fees for 2024 & 2025 are now also starting to be paid in advance & presently amount to £275.00. 

## **2. Conference Fees:** 

The Income from the Conference Delegates shown on the Financial Income & Expenditure Statement shows a loss of £976.41.  As this was the first Conference to be held since the beginning of the COVID-19 Pandemic back in 2020, it is only to be expected. 

There was also a Raffle held during the 2023 Conference, Honey Show & Black Jar Event which amounted to £155.00. 

## **3. Gift Aid Reimbursement:** 

There was Income from the Reimbursement of Gift Aid during the 2023 Financial Year to the value of £372.49. 

## **4. The Honey Show:** 

There was Income from the Honey Show during the 2023 Financial Year to the value of £186.00 

## **5. The Black Jar Event:** 

There was Income from the Black Jar Event during the 2023 Financial Year to the value of £115.00 

## **6. Bee Craft:** 

There was Income from Bee Craft Fundraising during the 2023 Financial Year to the value of £688.00 an increase of 8.5% on the previous year 

## **7. Donations:** 

The Income from General Donations shown on the Financial Income & Expenditure Statement for 2023 shows a decrease from £267.50 in 2022 to £29.50 in 2023. There 



was also a Donation received from B.Philips of $100 US Dollars which was converted into £72.46 Sterling. 

However, during the 2023 Financial Year Donations were also collected in memory of our Past President, Bill Turnbull, which amounted to £100.00. 

## **EXPENDITURE:** 

**8.** The main Expenditure of the INIB during the 2023 Financial Year has been for BBKA Affiliations (£1,424.50). 

**9.** The remainder of the Expenditure incurred during the 2023 Financial Year has been for Bee Craft, the Conference, Prizes, Stationery, Postage & the upkeep of the INIB Website