REGISTERED COMPANY NUMBER: 00238630 (England and Wales)

REGISTERED CHARITY NUMBER: 222946

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

KENT BEEKEEPERS ASSOCIATION

Page

Report of the Trustees

1

to

7

Independent Examiner's Report

8

Statement of Financial Activities

9

Balance Sheet

10

to

11

Notes to the Financial Statements

12

to

18

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the Company in delivering it's activities in beekeeping and education of the public on bees and pollination are:

- To promote and further the craft of beekeeping;

- To support and encourage good beekeeping husbandry, management and education by arranging courses and sponsoring examinations in beekeeping proficiency;

- To advance the science of apiculture and promote awareness of the public in the environmental and economic importance of bees.

In furtherance of the above, the Company is affiliated to the British Beekeepers Association (BBKA) and arranges courses to encourage good beekeeping husbandry and management as well as sponsoring all members who pass the BBKA assessments and examinations in beekeeping proficiency. A great deal of effort is also put into increasing public awareness in the environment, the vital importance of bees in pollination and the many benefits of honey.

Beekeepers are encouraged to take the BBKA examinations to increase both their knowledge and efficiency in the craft and encouragement is given to improve detection and treatment of bee diseases by beekeepers. The Company also provides advocacy, advice and information to the wider public about bees and other flying insects as well as raising awareness of the threats to pollinators in general.

Public benefit

The Trustees have consulted the guidance made available by the Charity Commission for England and Wales on the Public Benefit requirement of the Charities Act 2011. The Trustees are confident that they have complied with their duty under section 4 of the Charities Act 2011 in that they have had due regard to public benefit guidance published by the Commission when exercising any powers or duties to which the guidance is relevant.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

During the year to 30 September 2025, the Company had 1,217 (2024: 1,234) members.

The Company, largely through the work of its Branches, works with schools, scouts and local communities to raise public awareness of beekeeping by promoting and educating the benefits of beekeeping through displays, demonstrations and information stands at local shows, fetes and lecture visits. The Company plays a leading role in the organisation and sponsorship each year in the showing of honey and other hive products and the beekeeping/honey related competition at the Kent County Show. The number of show and competition classes were successfully maintained for 2025. The Company also participates each year in the organisation and sponsorship of the Kent Classes in the National Honey Show each Autumn and additionally our Branches hold their own local honey shows.

Branches of Kent Beekeepers Association (KBKA) provide support and assistance to teachers in keeping bees in schools and providing bees for education. All Branches hold regular meetings of their members. Branches also welcome and help newcomers learn about beekeeping through talks, lectures, events and training sessions along with visits to participate in the Branch apiaries to give practical demonstrations on bee husbandry and hive management. Branches participate in, and contribute to, local events arranged by other community groups at which they raise the profile of beekeeping in all its many aspects.

The Company is co-operating with the National Bee Unit and with Asian Hornet Alert to educate the public about and defend against the establishment of asian hornets in the county through awareness campaigns and the Company's scheme to match-fund approved Branch initiatives in fighting this invasive species.

The Company worked closely with Kent Scouts on the 'Big Buzz Programme' during the last quarter of 2024 and early part of 2025, involving a range of activities, for all age groups, learning about bees and asian hornets which progressed to a range of activities, including fundraising, towards each scout being able to earn a scout 'Big Buzz' badge. Following this close collaboration, the Company participated at the 5-day Kent International Jamboree, which was attended by over 5,000 scouts and further contributed to raising the profile of beekeeping in all its many aspects as well as the awareness of the threat to pollinators from the invasion of Yellow legged asian hornets ('Asian Hornets').

Members of the Company's Shows Committee supported the 'Kent County Agricultural Society Living Land Event' at the Kent Showground which was attended by over 3,000 primary school children.

The year saw 22 (2024:26) KBKA members taking and passing various BBKA assessments and examinations in beekeeping proficiency.

The Branches undertake a wide range of further work including swarm collection services, asian hornet monitoring and apiary-based activities. All activities are carried out by members on a voluntary basis. The Trustees thank them all for their commitment throughout the year.

Branch submissions continued to be digital this year and Branches have embraced digital eReturn2 membership payments.

Financial and risk management

The Council addresses relevant health and safety matters at each meeting and has assessed the major risks to which the Company is exposed. Branches have their own apiaries and have procedures in place to promote safety to members, visitors and the general public. Procedures are reviewed to ensure all beekeeping activities are conducted in a safe manner.

The Company's financial objective is to maintain longer term surplus funds to generate investment growth that is sufficient, when added to the rest of the Company's income to cover total expenditure, including the funding of initiatives to fulfil the Company's key objectives. The Council seeks to obtain a reasonable return on its surplus funds whilst retaining flexibility of access should unforeseen expenditure arise. Longer term surplus funds are invested in low risk investment funds for both capital and income growth and shorter term surplus funds are placed on deposit. Rates of return are reviewed regularly to ensure that satisfactory market rates are obtained.

Accounts are kept and compiled to assist Council to fulfil its responsibilities of financial prudence and for the preparation of the required financial statements from the accounting records of the Company in accordance with generally accepted accounting practice. The Accounts of the individual Branches are each checked annually by Independent Examiners at a local level. The consolidated accounts of the Company are compiled annually from the individual Branch accounts and the accounts covering the County itself. The annual consolidated accounts are then reviewed and checked by an Independent Examiner.

The Directors are satisfied that systems are in place to mitigate the relevant risks and risk assessments are prepared for all activities.

FINANCIAL REVIEW

The Income & Expenditure Account shows a net surplus, before taking into account unrealised gains on investments, for the year to 30 September 2025 of £9,170 (2024: £3,175) arising from total income for the year of £128,016 (2024: £127,783) whilst total expenditure for the year amounted to £118,846 (2024: £124,608). Unrealised gains on investments for the year amounted to £12,715 (2024: £680), producing a movement in funds for the year to 30 September 2025 of £21,885 (2024: £3,855).

Apiary and other activities for the year to 30 September 2025 show a contribution of £10,627 (2024: £1,319) comprising income from Apiary and other activities this year of £62,787 (2024: £49,653) with expenditure from Apiary and other activities of £52,160 (2024: £48,334).

Readiness and awareness activities for the yellow-legged asian hornet for the year to 30 September 2025 show a net income of £380 (2024: net cost of £14,546) comprising Asian Hornet funding income this year of £4,331 (2024: £5,041) with Asian Hornet expenditure of £3,951 (2024: £19,587).

The Balance Sheet as at 30 September 2025 shows retained reserves of £296,662 (2024: £274,777) largely made up of Investments of £139,563 (2024: £123,848), bank balances of £124,261 (2024: £109,670) as well as tangible fixed assets of £34,039 (2024: £39,161).

The Company meets its financial objectives and has the financial resilience to continue to operate for the foreseeable future and is able to pay its debts, spending on its charitable purposes, as they fall due. The finances of the Company remain in a strong position which in this increasingly volatile world will enable it to respond appropriately to new challenges.

FUTURE DEVELOPMENTS

The Directors will continue actively to promote the objectives of the Company by organising lectures, seminars, courses, show competitions and demonstrations as well as working with Kent Scouts, schools and other local groups. They consider that the present level of funding is adequate to support the continuing objectives of the Company, and this is kept under regular review.

The arrival of the Asian Hornet in the UK has led to significant activity by the Company in raising awareness of the problem and in fighting this challenge. This has created a significant increase in expenditure and this increased level of expenditure is likely to continue to be incurred in the next few years by the Company as it reacts to the moving situation.

The Company is continuing its work to support honey bees and beekeepers, improve the standard of beekeeping and to promote understanding and importance of honey bees.

Members of KBKA are also instrumental in raising awareness of the importance of increasing the diversity of cultivated and wild plants that are suitable for encouraging pollinators and the Company is continuing to support this locally in the hope that this will encourage greater numbers of pollinators and result in an increase in both honey bees and the diversity of plants.

The Trustees will continue to place significant emphasis on the education and training of members. A wide range of courses will continue to be offered to the membership to broaden the skills base available within each Branch.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Company is registered as a Charitable Company limited by guarantee without share capital and was set up by a Memorandum of Association. The governance of the Company consists of a Council and twelve Branches, these are Ashford, Bromley, Canterbury, Dartford, Gravesend, Mid Kent & Maidstone & Swale, Orpington, Sevenoaks & Tunbridge Wells, Sidcup, Weald, Westerham and Whitstable & Herne Bay. The Council has up to 30 Directors (also known as Trustees) comprised of up to 6 appointed officers and up to 2 representatives from each Branch.

The management of the Company is the responsibility of the Directors who are elected under the terms of the Articles of Association. The Articles of Association authorise the Trustees to make and hold investments using the general funds of the Company without restriction. Implementation of the objectives is the responsibility of the Council, which meets periodically during each year. The appointed officers and Branch representatives on the Council are Directors of the Company.

The Council elects Directors onto a number of committees to implement the Company's policies and to undertake various management and administrative duties: Executive & Finance Committee, Shows Committee and Education & Examinations Committee.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

00238630 (England and Wales)

Registered Charity number

222946

Registered office

23 King's Road

Tonbridge

Kent

TN9 2HB

Trustees

The following Directors and Trustees served throughout:

James Cash

Steven Clarkson

Shirley (Anne) Clifton-Holt

Peter Cobley

David Cockburn

Julie Coleman

Christopher Cornthwaite

Michelle Elliott

Clifford Hayward

Martin Hemming

James Knights

Sushelagh Knights

Michael Lindsay

Stephen Pritchards

David Rea

Roger Simpson

Robert Smith

Anthony Trinick

Ernest (Keith) Underwood

Tony Warren

The following Directors and Trustees were appointed:

Nicholas de Smith 7 January 2025

Ivan Whitley 1 February 2025

David Keepence 4 February 2025

David Wood 4 March 2025

Dez Leach 16 November 2025

Jacqueline McCann 20 November 2025

Ian Burr 29 January 2026

Keith Masters 5 February 2026

The following Directors and Trustees resigned:

Ann Blackburn 23 October 2024

David Wood 4 January 2025

Kim Fletcher 7 January 2025

Emily Madden 8 January 2025

David Wood 29 October 2025

James Cash 5 February 2026

Company Secretary

S W Clarkson

Independent Examiner

Joanne Brown FCCA

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

DIRECTORS AND TRUSTEES INFORMATION

The Directors and Trustees at the date of this report are:

Roger Simpson (Chair)

David Rea (Vice-Chair)

Steve Clarkson (General Secretary & Membership Secretary)

Chris Cornthwaite (County Treasurer)

Annie Clifton-Holt & Michael Lindsay (Ashford)

Martin Hemming & lvan Whitley (Bromley)

David Cockburn (Canterbury)

Steve Pritchards & James Knights (Dartford)

Michelle Elliott & Tony Warren (Gravesend)

Dez Leach & Keith Underwood (Mid Kent)

Jackie McCann & Tony Trinick (Orpington)

Cliff Hayward & Sue Knights (Sevenoaks and Tunbridge Wells)

Bob Smith (Sidcup)

Nick de Smith & Dave Keepence (Weald)

Keith Masters & Peter Cobley (Westerham)

lan Burr & Julie Coleman (Whitstable and Herne Bay)

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Directors and Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 requires the Trustees to prepare financial statements for each financial year which give a fair and true view of the state of affairs of the Company and of the surplus or deficit of the Company for that period. In preparing these financial statements, the directors and trustees have:

- selected suitable accounting policies and applied them consistently;

- observed the methods and principles in the Charities SORP

- made judgements and estimates that are reasonable and prudent;

- stated that applicable accounting standards have been followed

- prepared the financial statements on a going concern basis.

The Directors and Trustees have overall responsibility for ensuring that the Company has an appropriate system of controls in place both financial and otherwise. They also acknowledge that they are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company and which enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. They also acknowledge that they are responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 23 May 2026 and signed on its behalf by:

S W Clarkson - Trustee

Independent examiner's report to the trustees of Kent Beekeepers Association ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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 accounts to be reached.

Joanne Brown FCCA

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

1 June 2026

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

12,073

10,417

Charitable activities

Charitable Activity

113,398

101,979

Investment income

2

2,545

2,387

Other income

-

13,000

Total

128,016

127,783

EXPENDITURE ON

Charitable activities

Charitable Activity

118,846

124,608

NET INCOME

9,170

3,175

Other recognised gains/(losses)

Gains on revaluation of fixed assets

12,715

680

Net movement in funds

21,885

3,855

RECONCILIATION OF FUNDS

Total funds brought forward

274,777

270,922

TOTAL FUNDS CARRIED FORWARD

296,662

274,777

CONTINUING OPERATIONS

All activities relate to continuing operations.

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

6

34,039

39,161

Investments

7

136,563

123,848

170,602

163,009

CURRENT ASSETS

Stocks

8

5,454

4,997

Debtors

9

768

571

Cash at bank and in hand

124,261

109,670

130,483

115,238

CREDITORS

Amounts falling due within one year

10

(4,423

)

(3,470

)

NET CURRENT ASSETS

126,060

111,768

TOTAL ASSETS LESS CURRENT LIABILITIES

296,662

274,777

NET ASSETS

296,662

274,777

FUNDS

11

Unrestricted funds

296,662

274,777

TOTAL FUNDS

296,662

274,777

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by resolution of the Board of Trustees and authorised for issue on 23 May 2026 and were signed on its behalf by:

R D Simpson - Trustee

C J Cornthwaite - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

at varying rates on cost and at variable rates on reducing balance

Trophies

-

33% per annum on cost

Tangible fixed assets are initially recognised at cost or are valued when they come into the Company and thereafter stated at cost less depreciation.

Freehold Land is not depreciated. Depreciation is provided on all other items of tangible assets at rates so as to write down their carrying value, to their estimated residual value, over their expected useful economic lives.

None of the freehold land held by the Company has been fair valued since the date of acquisition. Revaluations will be carried out if the Company believes that the carrying value has been impaired.

Stocks

Stock is initially recognised at cost and subsequently is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Company status

The Company is a Company limited by guarantee. The members of the Company are the Trustees named on Page 6. In the event of the Company being wound up, the liability in respect of the guarantee is limited to £1 per member of the Company.

Fund accounting

All the Company funds are general funds which are unrestricted funds available to be used in accordance with the charitable objectives at the discretion of the Trustees.

Investments

Fixed asset investments are shown on the balance sheet at their fair value. Listed investments are valued at their open market value as at the balance sheet date. Any changes in fair value are recognised in the Statement of Financial Activities in the period in which they arise.

2.	INVESTMENT INCOME

2025

2024

£

£

Dividend Income

1,395

1,329

Interest Income

1,150

1,058

2,545

2,387

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - tangible fixed assets

8,345

5,453

Investments realised

-

(13,000

)

Investment gains

12,715

13,680

4.	TRUSTEES' REMUNERATION AND BENEFITS

During the year no Directors or Trustees received any remuneration or other benefits (2024: £NIL) except for a small honorarium being paid to each of the General Secretary, Membership Secretary, County Treasurer and Asian Hornet Coordinator.

Trustees' expenses

During the year, Directors and Trustees were reimbursed £85 (2024: £157) for expenses incurred.

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

10,417

Charitable activities

Charitable Activity

101,979

Investment income

2,387

Other income

13,000

Total

127,783

EXPENDITURE ON

Charitable activities

Charitable Activity

124,608

NET INCOME

3,175

Other recognised gains/(losses)

Gains on revaluation of fixed assets

680

Net movement in funds

3,855

RECONCILIATION OF FUNDS

Total funds brought forward

270,922

TOTAL FUNDS CARRIED FORWARD

274,777

6.	TANGIBLE FIXED ASSETS

Freehold

land

Equipment

Trophies

Totals

£

£

£

£

COST

At 1 October 2024

5,000

24,254

15,360

44,614

Additions

-

3,223

-

3,223

Reclassification

-

(3

)

3

-

At 30 September 2025

5,000

27,474

15,363

47,837

DEPRECIATION

At 1 October 2024

-

5,453

-

5,453

Charge for year

-

4,537

3,808

8,345

At 30 September 2025

-

9,990

3,808

13,798

NET BOOK VALUE

At 30 September 2025

5,000

17,484

11,555

34,039

At 30 September 2024

5,000

18,801

15,360

39,161

7.	FIXED ASSET INVESTMENTS

Listed

Unlisted

2025

2024

Investments

Investments

Total

Total

£

£

£

£

At 1 October

123,847

1

123,848

123,168

Investment Gains

12,715

-

12,715

13,680

Investments Sold

-

-

-

(13.000

)

At 30 September

136,562

1

136,563

123,848

There were no investment assets outside the UK and net book value is market value.

The listed securities are in Charities' Common Investment Funds (M&G Charifund and BNY Mellon/Newton Global Growth Fund).

The unlisted security comprises 2,326 £1 Ordinary Shares in Bee Craft Limited, a company registered in England and Wales, representing 38.8% of the issued share capital of the company. In view of the non marketability of the shares and the lack of any return thereon, their value is considered to be negligible.

8.

STOCKS

2025

2024

£

£

Stocks

5,454

4,997

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

158

Other debtors

48

413

Prepayments

720

-

768

571

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,514

1,555

Other creditors

200

165

Accruals and deferred income

2,709

1,750

4,423

3,470

11.	MOVEMENT IN FUNDS

Net

At

movement

At

1/10/24

in funds

30/9/25

£

£

£

Unrestricted funds

General fund

274,777

21,885

296,662

TOTAL FUNDS

274,777

21,885

296,662

Net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

128,016

(118,846

)

12,715

21,885

TOTAL FUNDS

128,016

(118,846

)

12,715

21,885

Comparatives for movement in funds

Net

At

movement

At

1/10/23

in funds

30/9/24

£

£

£

Unrestricted funds

General fund

270,922

3,855

274,777

TOTAL FUNDS

270,922

3,855

274,777

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

127,783

(124,608

)

680

3,855

TOTAL FUNDS

127,783

(124,608

)

680

3,855

A current year 12 months and prior year 12 months combined position is as follows:

Net

At

movement

At

1/10/23

in funds

30/9/25

£

£

£

Unrestricted funds

General fund

270,922

25,740

296,662

TOTAL FUNDS

270,922

25,740

296,662

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

255,799

(243,454

)

13,395

25,740

TOTAL FUNDS

255,799

(243,454

)

13,395

25,740

12.	RELATED PARTY DISCLOSURES

During the year, the Company subscribed to publications amounting to £18,800 (2024: £19,307) from the Company's unlisted security, Bee Craft Limited. These publications were purchased on an arms length basis. There were no amounts outstanding to or from the company at 30th September 2025 (2024: £NIL)

During the year, the Directors, Steven Clarkson and David Cockburn, were both a director of the Company's unlisted security, Bee Craft Limited, registered in England and Wales. On 9 November 2025, David Cockburn resigned and Christopher Cornthwaite was appointed as a Director of Bee Craft Limited.

13.	ULTIMATE CONTROLLING PARTY

The Council of Trustees is considered to be the controlling party due to its ability to influence the operations and strategic direction of the Company. The compensation of these individuals is disclosed in note 4 to the financial statements.