PPC122 | Annual Report 2025

Mike Ayers, BPCA's Treasurer, gives his report on the Association's finances in 2025.

Financial performance, resilience and investment for the future

I’m pleased to present my first Treasurer’s Report, having taken over the role from Mark Williams. I would like to place on record my thanks to Mark for his ten years of dedicated service.

He has left some big shoes to fill, and I will do my best to follow his example.

Accounts, transparency and reporting

This report covers the financial accounts for 2024. It's a little early for 2025 to be ready, and we were later than usual with 2024.

The delay was largely due to challenges in integrating our new CRM system alongside reduced staffing levels, which placed additional pressure on the team.

We anticipated some disruption and successfully applied a month filing extension for 2024, which allowed the accounts to be completed, independently examined and finalised within the permitted timeframe.

As always, BPCA’s accounts are fully transparent and available for members to view once approved by the Board.

Income, expenditure and overall performance

Turning to performance, our finances continue to reflect the biennial nature of some of our largest income-generating activities, most notably PestEx.

Since bringing the event in-house, it has delivered significantly greater value for the Association, although the income is received every other year.

As a result, we typically generate a surplus in PestEx years and a deficit in non-PestEx years, with reserves used to smooth that cycle.

Income growth and membership confidence

Total income for 2024 rose by £420,000 to £2.12 million. The largest contributor was PestEx, generating approximately £430,000.

Membership subscriptions increased by £73,000, driven by both an inflationary uplift and continued growth in member numbers, while examinations contributed an additional £24,000.

We recorded a net gain of 59 members during the year, with a further 42 applications currently in progress.

This growth reflects strong confidence in BPCA’s representation, influence and member support.

Investment and cost pressures

Expenditure also increased, largely due to higher inflation, investment in the new CRM system, wider technology improvements and additional staffing costs.

These included expanding our lobbying capability to protect the industry’s toolkit and supporting the development of the qualification framework.

Despite this, the Association delivered a post-tax surplus of £46,820, which was transferred into reserves.

Reserves and financial resilience

Reserves play a critical role in ensuring financial resilience. They act as a buffer against unexpected events, fund major projects and cover losses in non-PestEx years.

Member funds stood at £982,000, although nearly half of this is tied up in the value of the Association’s building and is not immediately accessible.

Cash reserves are approximately £550,000, equating to around six months of staff costs. Our long-term aim is to hold closer to nine months of operating cover.

Acknowledgements and closing remarks

The year brought challenges, particularly for the staff team managing system changes alongside staffing gaps.

I would like to thank them for their hard work and professionalism.

Finally, I encourage all members to make full use of the benefits available through BPCA, many of which offer tangible cost savings.

Thank you.

Mike Ayers
Honorary Treasurer

finance@bpca.org.uk

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