Company Number 02944372 Registered Charity Number 1039679 Naturewatch Foundation Report and Accounts For The Year Ended 31 December 2023 Naturewatch Foundation The report of the trustees for the year ended 31 December 2023 Introduction The trustees present their annual report and accounts for the year ended 31st December 2023. The board of trustees are satisfied with the performance of the charity during the year and the position at 31 st December 2023 and consider that the charity is in a strong position to continue its activities dLbring the coming year. and that the charitvs assels are adequate to fulfil its obligations. Name, registered office and constitution of the charity The full name of the charity is Naturewatch Foundation The legal registration details are Data of formation The Principal Office is Charity Registration Number The telephone number is 49 Rodney Road, Cheltenham GL50 1 HX 1039679 01242 252871 Objectives and Activities of the Charity Public benefit that is pmvided by the charity The charity provides public benefit by campaigning for the welfare of animals both in the UK and abroad. An explanation of the charity s main objectives for the year. Achievements and Performance of the Charity Structure. Governance and Management Nature of the Governing Document and constitution of the charity The charity is constituted as a company limited by guarantee and is, therefore, governed by the memorandum and articles of association daled 10 June 1996. The methods adopted for the recruitment and appointment of new trustees The charity is always open to new trustees who are sympathetic to the aims of the charity and have appropirate skills and experience. New trustees are appointed by the existing board of trustees. Financial Review The Statement of Financial Aclivities show net incoming resources for the year of a revenue nature of £136,506 {prior year £92,058). The total reserves. all free unrestricted liquid reserves. at the year end stand at £1.222,579 (prior year £1,086,073). Naturewatch Foundation The report of the trustees for the year ended 31 December 2023 Specific changes in fixed assets All new eqipment purchases have been expensed to to the Income and Expenditure account. The members of the Board of Trustees of the Charity during the period ended 31st December 2023 were :_ B Gibb S Davies The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:. B Gibb S Davies Independent Examiner E Conway ACCA 3 Fairview Court Fairview Road Cheltenham Gloucestershire GL52 2EX Statement of Trustees. Responsibilities The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to select suitable accounting policies and then apply them ￿nsIstentIy- make judgements and estimales that are reasonable and prudent., and prepare the financial statements on the going cOn￿M basis unless it is inappropriate to presume that the charity will continue in business. state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial stalements- The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the chariws transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Acl. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable Naturewatch Foundation The report of the trustees for the year ended 31 December 2023 The trustees are also responsible for the contents of the trustees. report, and the responsibility of the independent examiner in relation to the trustees, report is limited to examining the report and ensuring that on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements. Review of Activites The annual review is attached as an appendix to the accounts. This report was approved by the board of trustees on 23 September 2024. B Gibb Director and Trustee Naturewatch Foundation Independent Examiner's Report to the trustees of the charity Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 December 2023 I report to the trustees on my examination of the accounts of Naturewatch Foundation for the year ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. Responsibilites and basis of report As the charitws trustees (and also directors for the purposes of company law) you are respnsible for the preparation of the accounts in accordance with the requirements of the Companies Acl 2006 (the 2006 Act). Having eslablished that the accounts of the charity are not required to be auditied under Part 16 of the 2006 Act and are eligible for Independent Examination, I report in respect of my examination of the charity's accounts carried out under section 145 of the Acharities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable directions given by the Charity Independent exemineerfs statement I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believie that in, any material respect= the accounting records were not kept in respect of the charity as required by section 396 of the 2006 Act., or the accounts do not accord with those records: or the accounts do not comply with the applicable requirements under section 396 of the 2006 Act other than any requirement that the accounts give a "Irue and fai¢. view which is not a matter considered as part of an independent examination,. or the accounts have not been prepared in accourdance with the Charities Sorp {FRS 1021 I have no COn￿rnS and have come across no other matters in connection with the examination which altention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. E Conway ACCA 3 Fairview Court Fairview Road Cheltenham GL52 2EX The date upon which my opinion is expressed is 23 September 2024 Naturewatch Foundation Statement of Financial Activities for the year end 31 December 2023 Unre$tri¢ted Re$tri¢ted Funds Fund$ Totsl Fund$ Last Year Totsl Funds 2023 2022 Incoming resources Voluntary Income Interest re￿iVed 670,977 555 1.467 672,444 555 559,680 Total incoming resources 671,532 1.467 672,999 559.724 Costs of generating funds Costs of generating voluntary income Costs of charitable activities 122,494 412,532 122,494 413,999 112,116 355,550 1.467 Total resources expended 535,026 1.467 536,493 467,666 Net incoming resources before transfers between funds 136,506 136,506 92,058 Net movement in funds 136,506 136,506 92,058 Reconciliation of funds Total funds brought ftirward 1.086,073 1.086,073 994,015 Total Funds carried forward 1.222.579 1.222,579 1,086.073 Income resources and resulting net movement in funds each year arise from continuing operations Naturewatch Foundation Balance Sheet as at 31 December 2023 Noles 2023 2022 The assets and liabilities of the charity.. Fixed assets Tangible assets Investments 400,000 400,000 Total fixed assets 400,000 400,000 Current assets Cash at bank and in hand 824,932 693,265 Creditors:_ amounts due within one year 12.353) {7,1921 Net current assets 822,579 686,073 Total assets less current IITabilities 1.222,579 1,086,073 Net Assets ,57 The funds of the charity.. Unrestricted revenue accumulated funds 1,222.579 1,086,073 Total unrestricted funds 1,222.579 1,086,073 Total charity funds 1.222,579 1,086,073 The directors are satisfied that the company is enlilled lo exemption from the requirement lo obtain an audit under section 477 of the Companies Act 2006. The mernbers have not required the cornpany to obtain an audf( in accordance wrth section 476 of the Act. Th8 dir8ctor5 8cknowAedge their responsibilrties for complying with the r8quirements of the Companies Act 2006 with respect to accounting records and the prepaiaknon of accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable lo companies subject lo the srnall companies regirne. 8 Gibb Director and Trustee Approved by the board of trustees on 23 September 2024 Naturewatch Foundation Notes to the Accounts for the year end 31 December 2023 Accounting policies Basis of preparation of the accounts The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 (effective l January 20161 and FRS 102 SORP (Statement of Recommended Practice for Atcounting and Reporting by Charities) 2015 las amended by the Bulletin issued in February 20161 published by the Charities Commission in England & Wales ICCEWI, effective January 2016. IThe SORPI. Accounting convention The financial statements are prepared.on a going concem basis, under the historical cost convention Incoming Resources Incoming resources are accounted for on a receivable basis Recognition of liabilities Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the SORP. Fixed assets and depreciation All tsngible fixed assets are stated at cost less depreciation. All purchsses in the year have been expensed to profit and loss account. Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value ) over their estimated useful economic lives. Plant and machinery 25Yo straight line Taxation As a registered charity, the organisation is exempt from income and corporation lax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the charity , and is therefore included in the relevant costs in the Statement of Financial Activities. Finance and operating leases Rentals payable in respect of operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities as incurred. Naturewatch Foundation Notes to the Accounts for the year end 31 December 2023 Funds structure policy The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment. Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them. There is no fonnal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above. Any other proposed transfer between funds Y￿uld be considered on the particular Accounting for Legacies Legacies are acounted for on a receivables basis 2 Winding up or dissolution of the charity If upon winding up or dissolution of the charity there remain any assets. after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or tKJdies having similar objects to the charity. 2023 448.984 2022 559.724 Revenue Turnover from ordinary activities and after charging:" Depreciation of owned fixed assets Rentals under operating leases 245 6,200 6,200 3 Statement that no expenses were paid to trustees or connected persons No expenses were paid to trustees. £5,040 was paid to Run Your Business Online Limited for bookkeeping and payroll services on normal commercial temis. l Gibb, the son of B Gibb, is a director of this business. 4 Detailed analysis of certain transactions required by the 2005 revision to the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005 and revised June 2008) Various items of support costs and charitable expenditure which are required by the SORP to be disclosed in the notes to the accounts are set out in the Detailed Schedule to the Statement of Financial Activities. Naturewatch Foundation Notes to the Accounts for the year end 31 December 2023 5 Staff Costs and Emoluments 2023 2022 Gross Salaries Pension Contributions 319,995 8.299 328,294 279,049 7,464 286,513 Numbers of full time employees or full time equivalents 2023 2022 Engaged on charitsble activities There were no fees or other remuneration paid to the trustees There were no employees wwth emoluments in excess of £60.000 per annum 6 Tangible functional fixed assets Plant, Machinery & Vehicles Asset cost. valuation or revalued amount At 1 January 2023 Additions 5,816 At 31 December 2023 5,816 Accumulated depreciation and impaim)ent provisions At 1 January 2023 Charge for the year At 31 December 2022 5.816 5,816 Net book value At 31 December 2023 At 31 December 2022 Naturewatch Foundation Notes to the Accounts for the year end 31 December 2023 7 Creditors: amounts falling due within one year 2023 2022 Pension fund PAYE and Nl 1.678 1,439 5,753 7,192 1,678 8 Analysis of the Net Movement in Funds 2023 2022 Net movement in funds from Statement of Financial Activities 136,506 92,058 9 Particulars of Individual Funds and analysis of assets and liabilities representing funds At 31 December 2023 Unrestricted Designated Restricted Total funds funds funds Funds Tangible Fixed Assets Investments at valuation Current Assets Current Liabilities 400.000 824.932 {2,353) 1,222.579 400,000 824,932 12,353) 1,222,579 At 1 January 2023 Unrestricted Designated funds funds Restricted funds Total Funds Tangible Fixed Assets Investments at valuation Current Assets Currenl Liabilities 400,000 693.265 {7,192) 1,086,073 400,000 693,265 17,192) 1,086,073 The individual funds included above are . Funds at 2022 Movements in Funds as below Transfers Between funds Funds at 2023 1,086,073 136,506 1,222,579 Analysis of movements in funds as shown in the table above Incoming Resources Outgoing Resources Gains & Losses Movement in funds 672.999 536,493 136,506 naturewatch Foundation ADVANCING ANIMAL WELFARE FUNDRAISING REGULATOR Welcome to our Review of 2023 In 2023, we expanded the work of Naturewatch Foundation to help even more animals around the world.we launched new campaign projects using the skills and experience of our passionate and informed staff, such as ourwork ddressing the link between animal abuse and domestic abuse. and how people and animals can be helped.we launched new training programmes to tackle wildlife crime.we doubled the size ofourworld Animal Day grant and attracted more worthy applications than ever before! we directed a huge amount of work to help animals impacted by the Russian invasion of Ukraine, and 50 in 2023 we partnered with and supported some wonderful organisations in Ukraine who While thi5 Annual Review only cover5 are continuing to help animals impacted highlights from 2023, you con find out by the conflict. Our thanks go to those more abouteach ofourcampaign5 on brave people. our website {noturewatch.or ), whereyou can also read copie5 ofAnnualReview5 from previousyears. Together, we work hard to deliver our mission to advance animal welfare Standards around the worldl I hope you enjoy reading this Annual Review and getting a picture of our work across our six campaign areas. It is comforting to knowthatwe do make a difference for animals around the world and in the UK. Ourwork often tackles animal cruelty as well as raising standard5 and it can be quite intense for our team. It is important that we share with you when we 5ucce55fully influence law makers, law enforcers, or public opinion for the benefit of animals. I look forward to another year of effective and meaningful work, improving the lives of animals.Thhnk you for your continued support which makes it all happen. l am hugely grateful to our loyal supporters. volunteers, patrons. trustees, and staff for every act that makes our small charity so effective. l am proud that we make a difference for animals. Last year, we also continued our work in Ukraine and in Eastern Europe. In 2022, With best Wishes, Sarah Carr. CEO A year of speaking up for pets who are exploited for profit We love dogs at Naturewatch Foundation. But they're not the only species who are exploited bythe illicit pet trade.That's why we expanded our puppyfarming work in 2023 to include cats and rabbits too. Teamed up with Woodside Animal Centre to raise awareness- in the spring, we vislted Woodside Animal Centre in Leicester to meet dogs Peggy, Meg, Lulu and Freya Ipicturedl and cat, Wilson Ipicturedl, along with their owners. To markthe expansion. our Sto Greed Breedin campaign launched in April to shine a light on the illegal pet trade. As part of this we: Turned our Hotline4Puppies into the Hotline4Pets- you can now re concerns about illegal breeding and selling of cats and rabbits, as well as dogs, to our investigators. Since April, we've received 19 reports about cats and three reports about rabbits.These are small numbers compared tothe number of reports we get about dogs, but they go to show there is a vital need to protect other species from backyard breeding and cruel pet farming. Since we launched our Hotline in 2019, we've had nearly 1,300 reports from across the UK, as shown on our hotspot map. Thanks to your tip-offs, local authorities have taken action to protect dogs, cats and rabbits, and unscrupulous breeders have been hit with fines, disqualifications and Sentences. Each of these animals are now beloved family members, but they had sad starts in life due to illicit breeding. We worked with Woodside to produce a series ofshort videos to tell their 5torie5 and launched new information materials to help raise awareness. Campaigned for better legal protertions for pets- with your support. we've been callin on the UK Government to regulate cat and rabbit breeding. protect all dogs used for breeding lincluding male'5tud'dog5 used for breeding), and end exploitative breeding practices. Hundreds of you have written tothe Animalwelfare Minister calling on them to take action.We've been engaging with the governments across the UK throughout the year, and we're looking forward to seeing this work pay off in 2024.Watch thi5 space... STOP GREED BREEDING! Patrons: Rula Lenska Hayley Mills Chris Packham Dan Richardson Anneka Sven5ka Wendy Turner Webster 49 Rodney Road, Cheltenham, Gloucestershire, GL50 1 HX Tel: +441011242 252871 e-Tnail: info@naturewatch.org www.naturewatch.org rfo CL £* Ow C ty OOTJ 5 0 0£ OTS E O p4 O£E.:¥o ,1,,1 ,151111 Eillf ill [*] o c w o (L￿ O Ultroza£ ty_ O Orri￿a ZED JDU c O 115111!-} l-Éli } P- 11 oo e- li O c w O £ C ,Iilii$ Illi 11113 5, lila}, 5 111, c c f> C C O o u 5 W CL > CL 631ion rjieu £L rTI O EL > CL Illl i}1, 75 > > r C¥0 3111111 Tl¥l J£ CLÉO o o É £ w> ilu c r c 75 7J Ilb £LE > C ￿ w ThOCL < LuIJ<_ 2 O 111151 5Z 41 [L￿ c< oe itj > ¥ Z ffJ £<- CO