Charlty number 1013816 BASC WILDLIFE FUND CHARITY UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 WR Partners Protecting your future.
BASC WILDLIFE FUND CHARrrY CONTENTS Page Reference and adrnlnEstratlve details of the Char5ty. its Trustoes and advisers T180$. report Indop8ndont examlnets report Statement of financlal activities Balance sheet Notes to the flnanGlal statements 9-18
BASC WILDLIFE FUND CHARrrY REFERENCE AND ADMINISTRATNE DEfAIL8 OF THE CHARrrY. rrs TRU8TEE8 AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees C J Bedell, Chair E G CarOn (r8sioned 22 March 2023) C Sadler {reBlgn8d 22 March 2023) J Bracegirdle (resigned 22 SpptembBr 2023) R Heam (resigned 14 FebTuary 2024) B Johnson D Stevrart J A Hark)w (appolnted 22 March 2023) R G Wllllam5 (appointed 22 Mar¢h 2023) J R Blshop (appolnted 1 January 2024) Charlty reglslèred number 1013816 Prlnalp41 office arford Mlll Rossett LL12 OHL Accountsnls WR Partners Charlered Accourtsnts Belmont House Shrewsbury Bu5ine55 Park Shrewsbury Shropshlre SY2 6LG Bankers National Westminster Bank PIC 33 Lord Street Wrexham LL111LP Page 1
BASC WILDUFE FUND CHARITY TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees presenl thEir annual report together wlth the flnanGlal slatemenl5 of the Charfity for the year from 1 January 2023 to 31 December 23. Thg Trust is an unincorporated charily consllluted under a Trust deed dated 16 July 1992 and Is a regislered charily, number 1013816. The Charity Is run on a daty basis by staff employ8d by the BTllfsh Assod8tlan for Shooting and Conservatlon; thBse comprlse the Director of ConseNation and other members of the conservatlon and land manBgement department, BASC Head of FinBnce and members of the acuounls department and a secrelary as well as member8 of th& media an(1 communications team. BASC staff acl under Ihe directions ol the trustees and th8 transactlons were authorjsed by Mrs Carollne Bedell BASC'S Executive Dlrector of Conservation. No charges are made for these services. Th8 Trustees alm to meet thre8 tImes a year to aulhorlse appllGations for assistance and to mDnltor the progress of the Cherlty. Other and urgent buslness ts dealt wlth by correspondence. Trustees are selected by personal r2commendation and then 8pproved by th8 Other TwBlees. Objeetlves and acljvities a. Policies and objectives The objects of lh8 BASC Wlldlife Fund Chariiy are to recpjlve granls arKI donatlon8 from Indlviduals as well as govemmenlal and other charltable bodies, and to afJmln15ter grants to ass151 and support educallonal and research projeols relevant to wildlife conseNatlDn In the UK and overseas. In setting objeclives and plannlng for activilles. the Twstees have given due consideration to general guidance publtshed by Ihe Charty Commlsslon relallng to pubfiG benefit. including the guldance 'Publlc benerrt., Nnnlng 8 thaTtty (PB2)'. b. Slrateg*s for a¢hlevlng obleGtlve5 The BASC Wildlife Fund Charily was constituled by a deed ol trust dale(1 16 July 1992 al the wish of th8 mernber8 of the British Association lor Shooting and Conservation (Eqsc"). Ihe charity was previousty known as The Wlldllfe Habitst Chariiable Tru51. The main object of the Charily IS to e81ablish. support and maintain special protection areas for th& conservation and control of wlldlife and Iheir habitat. It is also concerned wlth wlldllfe educauonal studles, the promotion Df conservalion and assoLialed research. The obles15 of the Chzrbty ere malnly achieved by making grants and loans to Drgani5alions, local, national and inlernational, which th&n go on to supervise projecis 81 a Ioc81 level. c. Grant4naklng pollcles The Charity invites applications for assislance by advertlsing its existence through BASC publications. the BASC websit8 and through garne fairs and related counlTrside events. The Tru5tee5, who Search Ihem wli h the asslstance of BASC staff. consider all granl applicatlons. Granls may be made a8 conltibutions toward5 tho Cost of conservatAon prolecls in the UK or oversea5. as contributions to the purchase by other organ5satlDns of land to be used by them for con5ervatron or research and educational purposes, or as loans to organi58tion5 Wishing to purchase such land. Page 2
BASC WILDLIFE FUND,.CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 AGhievements and perfonnance a. Maln achlevements of the Charity The Trustees wlll continue in their aim to ralse awareness Df the charity both in the UK and overseas and in so dolng lo expand both its income generating and conservalion support activities. In 2023, they made approache5 to UK and over58as organisations inviting applicalions for grants. b. Review of actlvltles In 2023. the Charfty made awards of over £50,000 A grant of £3.000 was made to Derrylin Wildlowlers club for a contlnulng Breeding Waders project. £25,000 to the Moorland Association to support their Hen Harrier Brood man8gement trial. £589 was granted to B8rton 8nd Humber WSldfowlers for an ecology survey. £20,000 to BASC Capercaillle Restoration project and £5,000 Lough Ern Wildfowlers . Durlng the year the Charity received investmenl income of £6.738 (2022 - £1,689). Flnanclal revlew . Going concern After maklng appropriale enqulries. the Trustees have a teason8ble expaclation that the Charity has adequate r850urc8s io continue in operational existence for the foreseeable future. For this reason, Ihey continue to adopt the going concern basis in preparing the financlal statements. Further details regarding the adoplicn of the going concem basis Can be found in the accounting policies. b. Reserves pollcy The Trustees are adopting a careful approach to the retention of reserves slnce they recognise that the planned expansion of the Charity will initially require the application of reserles. They are concerned that during this tim8 the Charlty holds sufficient funds to cover management. administration and support costs and to respond lo etnergency applications fur grants that may arise from time to time. The reserve policy was updated In 2019 and revlewed and updated annually. The free reseNes of the Charity for the year ended 31 December 2023 are £277,057 (2022: £318,174) c. Materlal Investments policy There are no restrictlons on the Charity's powers to Invest. The Investment pollGy Is to obtaln Ihe best PDsslble return on funds while ensuring their reasonable security and maintaining them as readily acce55ible. d. Principal risks and uncertalntles The Trustees have identified the major slrategic, business and operational rlsks that Ihe charity faces and confimi that these are monitored on a regular basis. Page 3
. BASC WILDLIFE FUND CHARITY ' TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 structure. governance and management a. Constltutlon BASC Wildlife Fund Charity is a registered chanty, number 1013816, and is constituted und8r a Trusl deed. b. Melhods of appolntment or electlon of Trustees The management of the Charity Is Ihe responslbilily of the Tru5lees who are elected and COwOPted under the term5 of the Trust d88d. Statement of Trustees. responslbllitles The Trustees are responslble for preparing the Trustees, report and the financial statements in accordance with applicable law and United Klngdom Accountlng StandaTds (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to ppare financlal statements for each financial which give a true and fair view of th8 State of affalrs of the Charity and of ils 5ncoming resources and appllcatlon of resource5, including its income and expenditure, for that period. In pr8paring these financial statements. the Trustees are required to: seleGt suitable accounting policies and then apply them conslslently,. observe the methods and principles of the Charities SORP (FRS 102): mak8 judgments and accounting eslimates Ihat are reasonable and prudent; state whelher applicable UK Accounling Slandard5 (FRS 102) have been followed. subjecl to any material departures disclosed and explained in the financial statements; prepare the finandal stslements on Ihe going concem basis unless it is Inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequale accounllng records thal are sufficient to show and explaln the Charitys transactions and disclose with Teasonable accuracy at any time the financial position of th8 Charity and enable them to ensure that the financial statements comply with Ihe Charities Act 2011, the Charily (Accounts and Reports) Regulations 2008 and Ihe provislons of the Trust deed. They are also respDnsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularitles. Approved by.order of the mernbers of the board of Trustees and signed on their behalf by: C J Bedell Date: 23rd September 2024 Page 4
BASC WILDL.IFE FUND CHARITY INDEPENDENT. EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Independent Examlneffs Report to the Trustees of BASC Wlldllfo Fund Charfty fthe Charlty) I repart lo the CharKy Trustees on my examinatipn of the accounts ol the Charity for the year ended 31 DeCefflb 2023. Re6pon61bllltl&s and Bas18 of Roporl As Ihe Trustee5 of the Charity you are responslble for the preparatlon of Ihe accounts in accordance with the r8qulrern8nts of the Charilles Act 2011 (the 2011 Act,). I report In respect of my examlnptlcln of the Charfvs accounts carrled out under sectlon 145 of the 2011 Acl and in carrying out my examinalion I have followed th& applicable Dir£clioll5 given by th8 Charity ComrnissiDn under sectlon 145(5){b) of the 2011 Acl. Page 5
, BASC WILDLIFE FUND CHARITY INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Indèpendent Examiners Statemenl Yf)ur attention is drawn to the fact that the Charity has prepared the accounls in accordance with Accounling and Reporting by ChatitiBS: Statement of Recomrnended Practice applicable to CharItS preparing Ihelr accounts In acccrdance wlth tha Flnanclal Reporting Standard appllcable In the UK and RepubSlc of Ireland (FRS 1021 In pweferen¢e to the Accounling and Reportlng by Charities.. Statempnt of Recommended Practlce issued on 1 April 2005 which 15 relefred lo in the exlant regulatlons bul has been withdrawn. l understand that this has been done In order for the acrnunts lo provide a Inje and falr vlew In accordance wlth the Generally Accepted Accounting Practice effeclive for reporling perTods b6ginning on or after 1 January 2015. I have completed my 6xamlnatlDn. I confirm thal no matters have come to my atlention In connection with the examln81ion givlng me cause to believe Ihat in any material SpeCt. accounllng r8cord8 were nol kept In respect of the Charity as required by sediDn 130 of the 2011 Acl; or the accounts do not aGCOTd with those records: or the accounts do not comply with Ihe applicable requlrements conceming ihe fom and content of account5 set out in the Charities (Accounts and RepoTls) Regulatlons 20D8 othar than any requlrem2nt that the accounts glve a 'true and falrf VIBW whlGh Is nol 8 matter consldered as part of an Independenl examination. I have no concerns and have come across no other matters in connectlon with the examinalion to which attenlir)n 6hould b8 drdwn in this reFx)rt in order to 8nabl8 a proper understanding of Ihe accounts tc be reached. This report is made solely to the Charitls Trustees, as a body. in accordance with Part 4 of tho Charilies {Accounts and Reports) Re9ulations 2008. My Work has been underlaken so thal I mighl stale to the Ch8ritys Trustees those matters l am réquiréd lo slate lo Ihem in an Independenl ex8mlnefs report and for no olh8r purpose. To the fullest exieni permltled by law. I do not accepl or assume responsibility to anyone other Ihan Ihe Charlty and the Charitys Truslees as a body, for my work or for this report. Signed.. S J Tweedle Dated: SOtWzoz* Bsc FCA DChA WR Partners Chartered Accountsnts Belmont House Shrewsbury Buslness Park Shrewsbury Shropshlre SY2 6LG Page 6
BASC.WILDLIFE.FUND CHARITY.. STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Restricted Unrestrlctsd fund5 funds 2023 2023 Totsl funds 2023 Total funds 2022 Note Income from: Donations and legacies Investments 110,135 6.73B 110,135 6,738 154293 1,689 Total Income 116.873 116,873 159,982 Expenditure on: Charilable activities 62,683 62,683 66,388 Total expenditure 62,683 62,683 66,388 Net movement in funds 54,190 54,190 93,594 Reconciliation of funds: Total funds brcughl forward Net movement In funds 94,500 430.306 54,190 524,806 54,190 431,212 93.594 Total funds carrfed forward 94.500 484,496 578.996 524,806 The Stalement of FinanGlal Actlvltles includes all galns and losses recognised in the year. The notes on pages g to 18 fomi part of these financial statements. Page 7
BASC WILDLIFE FUND CHARITY BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Note Flxed assets Intangible assets 10 137,382 137,382 137,382 137,382 Current assets Debtors 118,882 326,306 67.639 321.923 Cash at bank and In hand 445.188 389,562 Credilors: amounls falling due wilhin one year 12 {3,574) (2. 138) Net current assets 441,614 387,424 Total asset5 less current liabilities 578,996 524.806 Net asset5 578,996 524.808 Total net assets 578,996 524.806 Charlty funds Restricted funds Unrestrlcted funds 13 94.500 484.496 94.500 430.306 13 Total funds 578,996 524.806 The financial statements were approved and authorised for issue by the Trustees and slgned on Ihelr behalf b. C J Bedell Date: 23rd September 2024 The notes on pagas 9 to 18 fomi parl of these financial statements. Page 8
- 'BASC WILDUFE FUND CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 General Informatlon BASC Mldlrfe Fund Charlty was nstItuted by a Dged of Trust dated 16 July 1992 at the wish of tl members of the British Assoclatlon lor Shootirrfj and Conservallon ( BAS). Accountlng polkles 2.1 Basls of prep3r4tlon of finanelal statements The financlal stal8ments hava b88n prepawed in accordan with the ChaTities SORP (FRS 102) - Accounting'and Reporting by CharlUes- Slatement of Recomrnended Pracllce applicable lo charltles pteparlng their accounts in acc£Ydance wlth the Nancial Reporting standa applicable In tho UK and Republlc of Ireland (FRS 102) (effectlve 1 January 2019), the Financl81 Reporting Stsnd8rd 8ppllcable In Ihe UK and RepubllG of Ireland (FRS 102) and the Chaties Act 2011. Th& flnanclal statements have been pr8pared to give a 'true and faif view an(5 have departed frorn the Charlties (Accounts and Reports) Regulations 2008 only to Ihe èxtenl required to provide 8 Iru8 and falrf vlew. Th15 departure has Involved followin9 th& Charftles SORP (FRS 102) publlshpd In October 2019 rather than th8 Accounting and Reportlng by CharWe5: ststsment of Recommended PractlGe effoctlvg from 1 Aprll 2005 whlch haB slnco b8en withdrawn. BASC Wildlrfe Fund Charily meels the definiuon of a publlc benefft enuty under FRS 102. Assets and 118bilities are Inltially reoognlsed al hislorical cost or trarr3actK)n value Unl38 Otherwise stsled in the r818vant accounting poll. 2.2 Income All inccme is recognlsed once the Charlty has entitlern8nt to th8 InGom8. il Is probab18 that Ihe Incoma will be receivèd and the amount of income receivable can be measured rellabfy. Income tax recoverable In relatlon to investment Income Is recognised at the tlm8 th8 inveslmenl income is r8C8iVBbl8. 13 Expanditure Expenthture Is recogned once the is a legal or constructive obllgalion to Iransfer economic benefrt to a thlrd party, It Is probable that a transfer of economic beneffts will be required in selllement and the arnount Df Ihe obligation can be measured rellabty. Expenditure Is classified by aciivity. The costs of ea¢h activlty are rnade up of the total of direct costs and shared cosls. inGludlng support costs involved In undertaklng each aotlvSty. Dlrecl costs attribulab18 to 8 5inglg actIty are allocated dlr8CtIy to that activity. Shared costs thlch conlribute to more Ihan One actlvlty and support costs whlch are nol atlrtbulable to a single aty are apportloned belween Ihose actlvllleB on B basls conslstent wlth the use of resources. Expendlture on charitable activities Is Incurred on dlrecuy undert8klng the erlfvltles whlth further the ChaF5ty's objectives, as well & any assoclated SUPPDrt ¢ts. Grants payable are charged In the year when the offer is mBde except In those (xses where the offer is condlllonal. suth grants belng recognlsed 85 expenditure when the CDndltlons attaching are fulfilled. Gnts offered Subject to conditions whTch have not be8n met at th8 year end are noted as commltmenL but not 8ccrued 8s expendilure. All 8xp8nditure is inclusive of Itrecoverable VAT. Page 9
BASC WILDUFE FUND.cHATy NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 AccountTng pollcles (contlnued) 2.4 Interest recelvable Interest on funds held on deposit is Included when receivable and Ihe amount can be measured rellably by the Charity: Ihls Is nomally upon notiflcation of Ihe interesi paicl or payable by the iristttulion with whom Ihe lunds are deposlted. 15 Intangible assets and arnortlsatlon Inlenglble assets are stated in the balance Sheel at thelr gross cost to Ihe Charity. The intanglble assets comprlse5 SPQrting rlghts. the cost of whlchls not amortised In Iha accounts on the ba618 that as a Tight over the land it has an indefinite useful econmonic lile. 2.6 Debtors Trade and olher debtOTS are teDnised at Ihe 5etUement arnount after any trade discount Dffered. Prepayments 2r8 valu8d al the amount prepald net Df any trdde di5counls due. 2.7 Cash at bank and in hand Cash at bank and In hand Indudes cash and short-temi hlghly Ilquld inveslrnenls wlth a short maturily Df Ihree fftonlh5 or less from Ihe date of a(4uisition or opening ofthe deposit or similar accounL 2A Llabllltles and provisions Liabilities are recognised when Iherè is an obligabon at thg Balance shBet date as a result of a p8sI event, il is probable that a transfer ol ecorKJmic benefit wlll be required In settlemerrt. and the amounl of Ihe Settleme ¢an be estlmated rellably. LiabS1ilies are recognised al the amount thal the Charity antiapates it will pay to setlle the debt or Ihe amDunt tt has receid a$ advanced payments for the goods or serviGe5 It must provide. Provision5 are measured 8t the best esllmate of the amounts required lo setlle the obllgallon. Where the effect of the rne value of money Is material, the pTovi5ion is based on Ihe pre5enl value of those amounts, discounted al Ihe pre-tax discount rdte that refiects the risks specific to the li8bility. The unwinding of Ihe dlscount is reGognised In Ihe Statement of fin8ncl81 actlvlliès 8$ a finantè cost. 2.9 Flnanolal instrumenfs The Ch8rfty only has fln8nclal assets and financlal Ilab51itles of a klnd Ih8t Quality as basic ff nanclal insttumenls. Basic financial Inslfument8 are initially recognised at transaction value and subsequently mea5uwed at their settlement value. Page 10
BASC WILDLIFE FUND CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting pulicies (continued) 2.10 Fund xcountlng General funds are unrestricted funds whlch awe available for use at tho dlscrelion of the Trustees In furtheran(t of the general objectives of the Charity and which have not been designated for other purposes. Dèsignaled fijnds comprise unrestrktsd funds that hav8 be8n set asld8 by the Trustees for particular purposes. The aim and u8e of eath deslgnated fijnd Is set oul In the noles to th9 financial statements. Restrlcted funds are fund5 which are to be used Sn accordan with speclllc r8strlctlons lrnposed by donors or whlch have been ralsed by Ihe Charity for particular purposes. The costs Df ralslng a adminislering such furKls are charged agalnst Ihe specafic fuTHI. The aim and use of each reslrfcted fund is sel out In tha notes to the flnanclal stslements. Investment incDm< galns and It)SS8s are allocated lo th8 appropriate lurKI. Income from donatlons and legacles Unrestricted lunds 2023 Total funds 2023 Total funds 2022 Donations 110,135 110,135 158,293 Investment income Unre5trfctèd funds 2023 Total fund5 2023 Total funds 2022 Flenl of shooling rights Bank Interest 1.QOQ 5,738 1,000 4738 1,000 689 6.738 6,738 1,689 Page 11
BASC MLDUF.E FUND CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analys18 of grants Grarts to Institullons 2023 Total funds 2023 Total ftinds 2022 Grarrts to environmental groups 53.589 53.589 61,646 The Charity has made the foll0vng material grants to institution8 during the year. 2023 2022 Name of Institutlon BASC C8perc2illie RaStor8tn Barton & Humber WF Barton & Humber Eco Survay Moorlands Assoclation L¢ugh Em WF Derrylin Wildfowl8rs Club Swlnlon Estate Preston & Districl WIF Acoxlstlon Lilhuania 2000 4790 589 25.000 S,ODO 31100 2&000 aooo 4165 21666 25 53.589 61.646 S3,9 61.646 Analysis of expendbture on charitable actlv5ties Summary by fund type Unrestrfcted funds 2023 Total 2023 Total 2022 Charftable actlvities 62,683 62.683 Total 2023 e2.683 62,683 66,388 Page 12
BASC WILDLIFE FUND CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 An8lys15 of expendlture by actttle fundlng of actlvltles 2023 Support costs 2D23 Total lunds 2023 Total funds 2022 Charitsble acllv511es 53.589 9,094 62,683 66.388 Totsl 2022 61,846 4, 742 66,388 Analysls of support costs Total funds 2023 Total funds 2022 ActMtIp5 2023 Slie vlsit exppnses Professional fees InsuranGes Management & administratlon of the th8rity 1.157 6,496 1.209 232 1.157 6A96 1309 232 221 4096 1,127 298 9.094 9.094 4742 Ind8p8ndent examlnevs remuneratlon The indeppndent examlnels r8muneration amounts to an independent examlner f88 of £935 PQ22 - £850), and accounts preparation of £935 (2022- £ -). Trustees. remuneratlon and expen69S During the y88r, no Trustees recelved any remuneratton or othor beneltts {2Q22- £NIL). During the year ended 31 December 2023, no Trus188 expenses have been incurred {2022~ £NIL). Pag8 13
BASC WILDLIFE FUND CHARITY NOTES TO THE FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 DECEMBER 2023 10. Intsnglblo Bssets Shootlng Rights Cost At 1 January 21r23 137,3B2 At 31 DecFmb?r 20rJ 137,382 Not book value Al 31 Dècember 2023 137,382 At 31 December 2022 t37,382 In 1998 the Charity purchased the sporting rights over 527 acres at Ballysculllon Park, Lough Beg Natlonal Nature Reserve In Northern Irelend. The purchase was financed by charity funds of £42,882 and a grenl from the Environment and Herikge Service In Northem Ireland of £94.5DD. Th8 granl is subject to repayment if the rigms are d15PDsed of and accordlngly has been treated as a restrfcted capilal fund. The Charity grants licences to IDcal shootlng clubs at below the commercial rate in return for those dub5 Carrying out the local management of the sportlng rlghts. Th8 Charity requlres Ihe wriuen consent of fhe Envlronmeni and Heritage seiC8 to vary Ihe purposes to wNGh the shootlng rTghts are pul, and on Ihls basls the Bssel is consldered to be a restrlded asseL 11. Doblors 2023 2022 Due after more than one year Other deblois Prepaymenls and 8¢¢rued incomg 53,310 1.098 59,98Q 989 54A08 60,969 Due wlthln one year Other deblors Prepaymenls and accrued Incom8 Tax Tecovereble Grant5 recelvabl& 13,340 1.100 6,670 50.000 118,882 67.639 Page 14
BASC WILDLIFE FUt4D CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 12. Cred5tors'. Amounts falllng due WithlTh one year 2023 2022 Other creditors Accruals end deferred incom8 1.330 2,244 12 2.126 3,574 2.138 Page 15
BASC WILDLIFE FUND CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 13. Stateménl of lund5 Sl&tement of funds - current year Balance at 31 December 2023 Balance at 1 January 2023 Transfers Inlout Income Expendilure Unro5trfcted fund5 Deslgnaied lunds Conllngency Fund Grants awarded - not yet Paid 24.864 106,621 44.386 62,235 69250 62,235 131,485 General fund5 General funds 361.056 116,873 (62,683) 162,235) 353,011 Total Unrestrictsd funds 430.306 116A73 I62.3) 484,496 R¢5tricted funds Shootlng rights fvnd 94,500 94,500 Tolal of funds 524.8L16 11673 (62.683) 578,996 Dèslgnated Funds During the yeor 2023, grdnts awarded bul not yet pald amounied to £106.821 and a rEview concluded Ihat an addillDnal £24.864 would ba requlred to be set asld8 as dlscharge costs and legal oblEgalions should Ihe Charlty be wound up. Reslrfcted Funds The restrlcted fund rr&sentS a granl receiv8d from th8 EnviTt)nmenl and Herilage Service io purchase sporting rlghts al Ballysculllon Park The grant Is subject to reayment if the rights are dlspcsed of and henGe i5 treated as a Te5tricted fund. Page 16
BASC WILDUFE FUND'.CHARITY NOTE8 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 11 StatemBnt of funds (conllnuod) statement ol funds . prlor year Balance at 31 Transfers D8C8llFbef In/out 2022 8818nc8 ar l January 2022 Incomg Expgndllure Unrnslrfcted furKIs Deslgnated lunds Deslgnated Funds- all funds Crjnllngency Fund Grants awarded- nol yet pald 221,040 (221,040) 24,864 44.386 24,864 44.386 221,040 (151, 790) 69,250 Genoral funds Gener81 funds 115.672 159,982 (66,388) 151.790 361.056 Total Unrestricted funds 336,712 159,982 (68.388) 43Q306 Restricled fund8 Shooting rights fund 94.500 94.500 Total of funds 431,212 159,982 (64388) 524,806 Page 17
BASC WILDLIFE FUND CHARITY NOTES TO THE FINANCIAL STATEPAENTS FOR THE YEAR ENDED 31 DECEMBER 2023 14. Analys15 of net assets between funds Analysls of nel assets between funds - Gurrenl year ReBtrlcted Unreslrlcled lunds fund 2023 2023 Total nds 2023 Intangible fixed assets Debto due after more Ihan Dn8 year Current assels Credltors due wlthln one year 94.500 42,882 54,408 390,780 (3,$74) 137,382 54408 390.780 13,5741 Total 94.500 484.496 578,996 Analysls of ngt a650ts botween fund5 - prforyear Restiict8d Unrestricted funds funds 2022 2022 Total funds 2022 Intangible fixed asseis Deblors due after more Ihan one year Currenl assets Creditats due wilhln One year 94,5QO 42,882 60.969 328,593 (2,138) 137.382 60.969 328.593 f2,138) Total 94,500 430,306 524,806 15. Related party transactlon6 2023 2022 BASG 50.000 50,000 A £50.000 grantfrcm BASC was reGelvable at 31.12.23. and InGluded In Income and debtors. Page 18