March 5, 2024

It is the Association policy to hold reserves of approximately £32,150 in 2024, consisting of £13,500 to cover one year’s running costs and commitments, plus £18,650 for emergency situations and to facilitate longer term projects, such as the replacement of a teaching apiary or other services to preserve and enhance beekeeping in the county or public understanding of bees (see Rule 4.1).

The reserves will be reviewed annually by trustees to endeavour to keep in line with factors like inflation and their view on the future requirements of the association.

Last review: August 2023