2025-05-31-accounts

THE RAPTOR FOUNDATION

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

THE RAPTOR FOUNDATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

CONTENTS AND LEGAL AND ADMINISTRATIVE INFORMATION

CONTENTS	PAGE:
Trustees Report	1-3
IndependentExaminers Report	4
Statement ofFinancial Activities	5
Balance Sheet	6
NotestotheFinancialStatements	7-14

PAGE:

TRUSTEES:	Mr Russell Hirst
CHIEF EXECUTIVE:	Mrs ElizabethBlows
CHARITYNUMBER:	1042085
PRINCIPALADDRESS:	The Heath
	St Ives Road
	Woodhurst
	Huntingdon
	PE28 3BT
INDEPENDENTEXAMINER:	Tan ShipleyFCCA
	For and on behalfof:
	Prentis & Co LLP
	Chartered Accountants
	& Independent Examiners
	115c Milton Road
	Cambridge
	CB4 LXE
BANKERS:	National WestminsterBankPle
	92 High Street
	Huntingdon
	Cambridgeshire
	PE29 3DT
	TheCo-operativeBank Ple
	1 Balloon Street
	Manchester
	M60 4EP
	Barclays Bank Plc
	12aMarket Street
	Saffron Walden.
	Essex
	CB101HR

PAGE |

THE RAPTOR FOUNDATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

TRUSTEES’ ANNUAL REPORT

The Trustees present their annual report and financial statements for The Raptor Foundation for the year ended 31* May 2025.

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable aw and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

.

In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principals in the Charities SORP 2019 (FRS 102);

• • make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities,

OBJECTIVES AND ACTIVITIES

The principal activity of the charity in the year under review was the rescue and care of sick and injured birds of prey, together with the advancement of education by research into the care and rehabilitation of birds of prey and publishing the results of such research.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

ACHIEVEMENTS AND PERFORMANCE

Introduction

The Raptor Foundation was established in 1989 by Stewart and Liz McQuillan, who began by caring for disabled owls. Over the years, their dedication and compassion led to the creation of a full-scale foundation dedicated to the rescue, rehabilitation, and conservation of birds of prey. The Foundation’s mission is to protect, rehabilitate, and conserve raptors, while educating the public about their importance in the ecosystem.

Rescue and Rehabilitation

The Raptor Foundation is renowned for its comprehensive rescue and rehabilitation services for injured and distressed birds of prey.

• e Key aspects of their operation include:

• e Rapid response to reports of injured raptors across the region.

• ¢ Collaboration with veterinary professional to provide expert medical care. e <A structured rehabilitation process that includes medical treatment, physical recovery, and flight reconditioning.

• e Release of rehabilitated birds back into the wild when possible, contributing to local biodiversity and ecosystem health.

THE RAPTOR FOUNDATION

PAGE 2

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

TRUSTEES’ ANNUAL REPORT

• e Long-term sanctuary and care for birds that cannot be safely released due to permanent injuries or other factors.

Education and Public Engagement

Education is a cornerstone of the Foundation’s mission. They offer a wide range of programs designed to raise awareness and foster appreciation for birds of prey.

• ¢ Educational initiatives include: ¢ Schoo! outreach programs that provide hands-on learning experiences for students., ® Public flying demonstrations that showcase the natural behaviours and adaptations of raptors. e On-site visitor engagement through guided tours and interactive exhibits. e Promotion of conservation awareness and responsible environmental stewardship among the general public.

Conservation and Research

The Foundation actively supports conservation and research efforts aimed at protecting raptor species and their habitats. .

• e Their contributions include:

• e Habitat preservation initiatives that safeguard nesting and hunting grounds. e Support for scientific research into raptor behaviour, health and ecology. e Collaboration with environmental organizations and conservation groups to amplify impact.

Governance and Charity Performance

The Raptor Foundation is a registered UK charity (No.1042085) with a strong record of governance and accountability.

• e Performance highlights include:

• e Timely submission of annual return and accounts. e Ongoing commitment to transparency and responsible stewardship of resources.

Growth and Long-Term Impact

Since its founding, the Raptor Foundation has grown from a small, home-based rescue operation into a well-established conversation organization.

• e Key indicators of growth include: e Expansion of facilities and services to accommodate a growing number of birds. ® Care for approximately {70 resident birds, many of which are non-releasable rescues. » Strong community support and trust built over decades of dedicated service.

Conclusion

The Raptor Foundation has made significant contributions to wildlife conservation, public education, and animal welfare over the past three decades. Its continued efforts are vital to the protection of birds of prey and the promotion of environmental awareness. The Foundation stands as a beacon of hope and dedication in the field of raptor conservation.

FINANCIAL REVIEW

Reserves Policy

The reserves of the charity are represented mostly by the fixed assets. The largest category being land and buildings. The reserves policy is to build up reserves to a satisfactory level to meet any future fluctuations in activities and to have sufficient reserves to fund two months unrestricted expenditure of approximately £20,000, should the need arise.

Unrestricted funds can only be used for the charity’s activities and cannot be distributed to Trustees or any other party,

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THE RAPTOR FOUNDATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

TRUSTEES’ ANNUAL REPORT

Income tax recoverable in relation to donations received under Gift Aid or Deeds of Covenant is recognised at the ume of the donation.

RISK MANAGEMENT

The Council of Management has assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity and iy satisfied that systems are in place to mitigate their exposure to the major risks. These procedures are periodically reviewed,

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity was established by a Charitable Trust Deed on 8" November 1994,

The Trustees who served during the year and up to the date of signature of the financial statements were:

Mr Russell First

Mr Paul Frost (resigned February 2026) Mr Graham Wesson (resigned December 2025)

The charity appoinis Trustees following advertisement or recommendation,

The Trust Deed requires there to be a minimum of three Trustees. The power to appoint new members is vested in the existing Trustees, At the date of signing the accounts only one Trustee exists the charity is actively secking recruiting of more Trustees to comply with the Trust Deed minimum.

No Trustee received remuneration for services as a member of the Trustees (2024: £Nil), or received any reimbursement for travelling and entertainment expenses (2024: LNil). No ‘Trustee member had any beneficial interest in any contract with the charity during the year.

The Friends of The Raptor Foundation are the fundraising part of the Foundation, They undertake fundraising at various outside events, The charity is also supported by The Raptor Foundation (UK) Trading Lid which operates from the premises occupied by the charity.

Over the last couple of years the charity has been periodically affected by measures taken to prevent and contain Avian Fu. [tis now becoming evident that Avian Flu is something we are going to have ta get used (o, and so keep all the necessary restrictions permanently in place (i.e. equipment) for the ‘just in case’ scenario.

ON BEHALF OF THE TRUSTEES

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g REHRST TRUSTEE

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THE RAPTOR FOUNDATION

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE RAPTOR FOUNDATION

I report to the Trustees on my exatnination of the accounts of The Raptor Foundation (the charity) for the year ended 31st May 2025,

RESPONSIBILITES AND BASIS OF REPORT

As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ("the Act").

[report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT.

Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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 that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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 financial statements to be reached. .

IAN SHIPLEY FCCA FOR AND ON BEHALF OF: PRENTIS & CO LLP CHARTERED ACCOUNTANTS & INDEPENDENT EXAMINERS

115c Milton Road Cambridge CB4 LXE oN \Nous 2826

THE RAPTOR FOUNDATION

PAGE 5

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

STATEMENT OF FINANCIAL ACTIVITIES

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Unrestricted|Restricted| |Funds|Funds|Total|Funds|Funds|Total| |Notes|2025|2025|2025|2024|2024|2024| |£|£|£|£|£|£| |INCOME| |Donations|and legacies|2|152,752|-|152,752|164,054|-|164,054| |Activities|for generating|funds|3|111,098|-|111,098|113,369|-|113,369| |Investment|income|4|33,921|-|33,921|58,424|-|58,424| |TOTAL INCOME|297,771|-|297,771|335,847|-|335,847| |EXPENDITURE| |Costs|of generating|funds|5|56,519|-|56,519|62,422|oo|62,422| |Charitable|activities|6|300,455|3,478|303,933|288,617|1,167|289,784| |TOTAL EXPENDITURE|356,974|~|3,478|360,452|351,039|1,167|352,206| |NET EXPENDITURE FOR THE YEAR|(59,833)|(3,478)|(63,311)|(15,192)|(1,167)|(16,359)| |RECONCILIATION|OF|FUNDS| |Total fund balance brought forward|781,117|6,712|787,829|796,309|7,879|804,188| |Total|fund balance|carried|forward|721,284|3,234|724,518|781,117|6,712|787,829|

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The Statement of Financial Activities includes all gains and losses recognised in the year; All income-and expenditure derive from continuing activities.

The notes on pages 7 to 14 form part of these financial statements.

THE RAPTOR FOUNDATION

PAGE 6

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

BALANCE SHEET

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||||||| |---|---|---|---|---|---| |2025|2024| |Notes|£|£|£|£| |FIXED ASSETS| |Tangible assets|VW|731,696|781,938| |Fixed|asset investments|12|2|2| |TOTAL FIXED ASSETS|751,698|781,940| |CURRENT|ASSETS| |Stocks|13|150|150| |Debtors|14|4,959|5,979| |Cash|at bank and|in hand|33,901|42,551| |TOTAL CURRENT ASSETS|39,010|48,680| |LIABILITIES| |Creditors:|Amounts falling due within one|year|15|66, 190|42,79| |NET CURRENT ASSETS(LIABILITIES)|(27,180)|5,889| |TOTAL NET ASSETS|TOA518|787,829| |THE|FUNDS|OF THE|CHARITY| |Restricted|funds|16|3,234|6,712| |Unrestricted|Income|funds|721,284|7Bi,N17| |‘TOTAL CHARITY FUNDS|724,518|787,829|

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The financial statements were approved by the Trustees on 2rd March ILE .

RHIRST TRUSTEE

‘The notes on pages 7 to 14 form part of these financial statements.

THE RAPTOR FOUNDATION

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PAGE 7

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

1, ACCOUNTING POLICIES CHARITY INFORMATION

The Raptor Foundation charity is an unincorporated charity in England and Wales. Its principal address is The Heath, St Ives Road, Woodhurst, Huntingdon, PE28 3NY.

1.1. ACCOUNTING CONVENTION

The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011 and '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 1st January 2019)'. The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

• 1.2. GOING CONCERN

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1. CHARITABLE FUNDS Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

• 1.4, INCOME

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

• 1.5. EXPENDITURE

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.

)

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THE RAPTOR FOUNDATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

15,

EXPENDITURE- continued

Direct charitable expenditure includes all costs directly attributable to the charitable activities of the company, together with an appropriate proportion of central office costs. Apportionment method being time and usage.

Support costs comprise the balance of all services supplied centrally not directly allocated to the operation activities.

Governance costs are incurred in connection with the strategic management of the company. It covers the costs of external audit, legal services, Trustees' meetings and preparing statutory accounts.

1.6. TANGIBLE FIXED ASSETS Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Tangible fixed assets are stated at cost less depreciation. Assets costing less than £100 are not capitalised. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Leasehold landandbuildings	- Straight line overthe life ofthe lease (50 years)
Plantandmachinery	~20 % straight line
Fixtures, fittings andequipment	-20% straight line
Motorvehicles	-20%straightline

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the-assets;-and is recognised in the statement of finaneial activities: ---—-- ~~~.»

1. FIXED ASSET INVESTMENTS Fixed asset investments are initially measured at cost and subsequently measured at cost Jess any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in net income/(expenditure) for the year.

2. 1.8, IMPAIRMENT OF FIXED ASSETS At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9, STOCKS Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

• 1.10. CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

• 1.11, FINANCIAL INSTRUMENTS The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

THE RAPTOR FOUNDATION

PAGE 9

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

Ll, FINANCIAL INSTRUMENTS- continued

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BASIC FINANCIAL ASSETS

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

BASIC FINANCIAL LIABILITIES

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities are classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised costs using the effective interest method.

DERECOGNITION OF FINANCIAL LIABILITIES

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

1.12, TAXATION The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied to charitable purposes.

1,13. EMPLOYEE BENEFITS The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

• 1,14. VAT

The charity is not registered for VAT therefore all income and costs include VAT.

• 1.15. GOVERNMENT GRANTS Government grants are recognised at the fair value of the asset received or receivable when there is a reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

THE RAPTOR FOUNDATION

PAGE 10

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

4,

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|||||||| |---|---|---|---|---|---|---| |DONATIONS AND|LEGACIES|Unrestricted|Unrestricted| |Funds|Funds| |2025|2024| |£|£| |Donations|and|gift|104,748|86,892| |Legacies|receivable|11,359|35,910| |Membership|fees and adoptions|11,102|10,270| |Miscellaneous|donations|13,108|20,392| |Other|12,435|10,590| |152,752|164,054| |ACTIVITIES|FOR GENERATING|FUNDS|2025|2024| |£|£| |Tearoom|sales|58,618|$7,174| |Falconry income|28,887|36,646| |Twilight|flying|2,914|2,949| |Birthday parties|1,935|2,289| |Photographic|days|2,005|3,410| |Meerkat|experience|340|700| |Schools|and|outdoor shows|16,399|10,201| |111,098|113,369| |INVESTMENT|INCOME|Unrestricted|Unrestricted| |Funds|Funds| |2025|2024| |£|£| |Rental|income|21,497|20,420| |Distribution|from Raptor Foundation (UK)|Trading Limited|11,267|37,582| |Interest|receivable|527|422| |33,291|58,424| |COSTS|OF|GENERATING|FUNDS|Unrestricted|Unrestricted| |Funds|Funds| |2025|2024| |Costs|of generating|donations|and|legacies:|£|£| |Advertising|1,206|2,189| |Other|fundraising|costs|24,511|27,689| |Staff costs|30,802|32,544| |56,519|62,422|

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JHE RAPTOR FOUNDATION

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

CHARITABLE ACTIVITIES					2025	2024
					£	£
Staffcosts					157,825	149,886
Depreciation					28,556	28,556
Animal welfare costs					30,901	31,483
Other costs					13,001	13,607
Premises’ costs					57,923	50,306
					288,206	273,838
Share ofgovernance and supportcosts (see note 7)					15,727	15,946
					303,933	289,784
Analysis by fund
Unrestricted funds					300,455	288,617
Restrictedfunds					3,478	1,167
					303,933	289,784
SUPPORTCOSTS	Support Governance			Support	Governance
	costs	costs	Total	costs	costs	Total
	2025	2025	2025	2024	2024	2024
	£	£	£	£	£	£
Staffcosts	4,872	-	4,872	3,172	-	3,172
Depreciation	2,570	oo	2,570	2,445	-	2,445
Accountancy fees	-	7,529	7,529	-	5,952	5,952
Legal andprofessional!	-	-	-	-	166	166
Premises" costs	756	-	756	4,211	-	4,211
	8,198	7,529	15,727	9,828	6,118	15,946

Governance costs includes payments to the Independent Examiner's of £3,000 (2024: £3,049) for examination and accountancy services.

TRUSTEES

No Trustee received remuneration for services as a member of the Board of Trustees (2024: £Nil) or received any reimbursement for expenses (2024: £Nil). No Trustee member had any beneficial interest in any contract with the charity during the year.

1. EMPLOYEES

EMPLOYEES
The average monthlynumber ofemployees duringtheyearwas:	2025	2024
	Number	Number
Management	1	1
Admin	1	1
Other	12	12
	14	14
Employment costs	2025	2024
	£	£
Wagesandsalaries	193,499	185,602

The total gross wages during the year were £176,356 (2024: £166,956) and other wages costs were £Ni] (2024: £3,172), The total employers national insurance contributions were £12,609 (2024: £11,703). The total employers defined pension contributions were £4,534 (2024: £3,771). .

The total remuneration of key management personnel is £38,534 (2024: £36,398), of which 50% is recharged to the trading company.

There were no employees whose annual remuneration was more than £60,000.

THE RAPTOR FOUNDATION

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

10.	TAXATION
	The charity is exempt from taxonincome and gains falling within section 505 ofthe Taxes Act 1988 or
	section 252 ofthe Taxation ofChargeable GainsAct	Act 1992 to	the extent that	these are applied to its
	charitable objects.
		Leasehold
lia,	TANGIBLE FIXED ASSETS	land and	Plant and	Fixtures and	Motor
	CURRENTYEAR	buildings	machinery	fittings	vehicles	Total
	COST	£	£	£	£	£
	Balance at Ist June 2024	1,427,783	70,037	42,848	13,458	1,554,126
	Additions	-	-	884	-	884
	Balance at 31stMay2025	1,427,783	70,037	43,732	13,458	1,555,010
				——_
	DEPRECIATION
	At 1stJune 2024	651,895	69,887	36,948	13,458	772,188
	Charge forthe year	28,556	45	2,525	-	31,126
	Balance at31stMay2025	680,451	69,932	39,473	13,458	803,314
	CARRYINGAMOUNTAT31STMAY2025	747,332	105	4,259	-	751,696
IIb.	TANGIBLE FIXED ASSETS
	PRIORYEAR
	COST
	Balance at IstJune 2023 and 3 istMay2024	1,427,783	70,037	42,848	13,458	1,554,126
	DEPRECIATION	—	a	—		——_
	At 1stJune 2023	623,339	69,842	34,548	13,458	741,187
	Charge for the year	28,556	45	2,400	-	31,001
	Balance at 31stMay2024	651,895	69,887	36,948	13,458	772,188
	CARRYINGAMOUNTAT31STMAY2024.	775,888	~=———«150	5,900	-	781,938
12.	FIXED ASSET INVESTMENTS				Ordinary shares
						£
	Cost or valuation
	At IstJune 2024 and 31stMay2025					2
	Carrying amount
	At 31stMay2025					2
	At31stMay2024					a)
13,	STOCKS				2025	2024
					£	£
	Finished goods and goods for resale				150	150
14,	DEBTORS				2025	2024
	Amounts falling due within one year:				£	£
	Other debtors				780	560
	Prepayments and accrued income				4,179	5,419
					4,959	5,979

THE RAPTOR FOUNDATION

PAGE 13

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

1. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

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||||||| |---|---|---|---|---|---| |ae|2025|2024| |£|£| |Bank overdrafts|14,824|10,491| |Other taxation|and social|security|26,112|2,414| |Trade|creditors|13,757|2,396| |Amounts|owed to|subsidiary|undertakings|4,999|183| |Other creditors|1,013|1,063| |Accruals|and|deferred|income|5,485|26,244| |66,190|42,791|

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Included above is deferred income of £5,485 (2024: £19,071) which represents gift vouchers purchased but not redeemed by the end of the financial year.

RESTRICTED FUNDS

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||||||||| |---|---|---|---|---|---|---|---| |Balance|at|Balance|at|Balance|at| |lstJune|Incoming|Resources|Ist|June|Incoming|Resources|31st May| |2023|resources|expended|2024|resources|expended|2025| |£| |The|Friends|of the| |Raptor Foundation|7,879|-|(1,167)|6,712|-|(3,478)|3,234|

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The specific purposes for which the funds are to be applied are as follows:

Restricted funds

The funds from The Friends of the Raptor Foundation must be used towards vet fees.

Unrestricted funds

Unrestricted funds can only be used for the charity's activities and cannot be distributed to Trustees or any other party.

1. ANALYSIS OF NET ASSETS BETWEEN FUNDS

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Unrestricted|Restricted| |Funds|Funds|Total|Funds|Funds|Total| |Fund balances|at 3 lst|2025|2025|2025|2024|2024|2024| |May 2025|are|represented by|:|£|£|£|£|£|£| |Tangible|assets|748,462|3,234|751,696|775,226|6,712|781,938| |Investments|2|~|2|2|-|2| |Current|(liabilities)/assets|(27,180)|~|(27,180)|5,889|-|5,889| |721,284|3,234|724,518|781,117|6,712|787,829|

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At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year

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||| |---|---| |2025|2024| |£|£| |14,492|13,989|

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1. OPERATING LEASE COMMITMENTS

THE RAPTOR FOUNDATION

PAGE 14

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2025

NOTES TO THE FINANCIAL STATEMENTS

19, RELATED PARTY TRANSACTIONS The charity holds the two ordinary shares of The Raptor Foundation (UK) Trading Ltd representing the total issued share capital at the nominal value of £2.

The Raptor Foundation (UK) Trading Ltd's main activity is fundraising for the charity and covenants all its profits to the charity.

The Raptor Foundation (UK) Trading Ltd operates from the charity's premises and shares certain facilities, a contribution of £17,600 (2024: £17,600) was made for this use.

The Raptor Foundation (UK) Trading Ltd made distributions for the year to the charity amounting to £11,267 (2024: £37,582).

At the year end the charity owed £4,999 (2024: £183) to The Raptor Foundation (UK) Trading Ltd.

Post year end events

The Raptor Foundation (UK) Trading Ltd's accumulated profits for the year of £5,000 (2024: £11,267) will be distributed to The Raptor Foundation on the date of their Trustees' meeting to approve the accounts.