Charlty reglstratlon number 1047083 RHINOARK UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 DECEMBER 2022 ## **RHINO ARK UK** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|Mr J N Bowden|| |---|---|---| ||Mr C N Kuhle|| ||Sir C D Kaberry Bt.|| ||Mr P C R Orr|| ||Mr W T Latta|(Appointed 10 July 2022)| ||Ms H M Feather|(Appointed 10 July 2022)| ||Mr K R D B Shah|(Appointed 10 July 2022)| ||Mr I R Purcell|(Appointed 10 July 2022)| |**President**|Lord Aberdare DL|| |**Patrons**|Jonathan Scott|| ||Robert Lindsay|| |**Charity number**|1047083|| |**Principal address**|Acorn Wood|| ||Swan Lane|| ||Edenbridge|| ||Kent|| ||TN8 6AH|| |**Independent Examiner**|Place Campbell|| ||Wilmington House|| ||High Street|| ||East Grinstead|| ||West Sussex|| ||RH19 3AU|| |**Bankers**|CAF Bank Ltd|| ||25 Kings Hill Avenue|| ||Kings Hill|| ||West Mailing|| ||Kent|| ||ME19 4JQ|| RHINO ARK UK CONTENTS Page Tru818es' report Independent examinees ￿pttrt Statement of finanual 8¢tivtUè8 Ststement ol financial p08it1on Notes lo the finana818ts1ements RHINOARK UK TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The TnJslees of Flhlno Ark UK present Ihelr report and finanomal statements for the ye8r 8ndÈd 31 Decernber 2022. The charity number is 1047C183 and 116 office's principal addrass 18 Acorn Wood, Swan Lane, Edenbrldge. Kent TN8 6AH. The fin3n¢i31 statements have been prepared In accordance wlh the acc￿ntIng Fx)lieles set out in note 1 to the finanrial statements and compty with the charity's govwning docurnent, Charl￿'e$ Ad 2011 and "Accounting and Reporting by Charilles.. Slalement ol Recommended Pract1￿ applicaN9 to charib88 preparing their accounts in accordanee wlh the Flnanolal Report'ng Standard applieable in the UK a￿1 Republlc ol Ireland IFRS 1021 leffectfve l January 20191 Oblectl¥es and actfvltl8S The object of the Charity 18 the protection of mountsln usyslems In East Atrica, in particular the construction and maintenance offen￿$ around areas. Since 1995 the management ol the eh8rlty and fvndr8ising activities have been undertaken by the Trustees and Volunteèrs, of whom one volunteer in 2022 reGeived payrnenl for making granl applications and working on our soaal media. The Trustees have paid due regard to guidance issued by the Charity Commissionllncludlng those on public beneflll in deciding what activities the c*arity should undertake. A¢hlevements and pgrfor7nanco We Gonlinued to promot8 our aims and lift our profilè ol the woth that is carried out by The Rhlno Ark Kenya Charitable Trust in the envlronmenl and biottiversity areas in Kenya We submltted several applications lor a variety of grants for ftjnding in particular of eontlnulng the building of Mount Kenya fen￿ , conservstion and safety ol the black rhino the Aberéares and Commen￿Ment of th8 K8kamaga Forest fenc￿ . Al this work will help to severely reduce human wildlife conflict and rnake safe routes for childfen to pass lo sch(x)l. Thi5 also cove15 working with local communili8s who pmvidè much 8UPPOrt Sn helping in cessation ol poaching , snaring illegal logging for both charcoal and burning as fuel. ThÈ major fundraising evsnl- The Rhlno Char90 in Kenya - was held again and raised £76,187 belo"e Glft d recovery. Our Trust86 John Bowden continued his su¢cess in the event as wnner of the unmod￿fiied v8hld88. The Lond¢M Marallvjn was also held In October and our comrnendable five runr￿rS raised £8,147 beforè Glft d. Wè attèndéd four motDr shows in the year al Stafford , Goodwood Festival of Speed , Firle and stoneleigh and are grateful for Ih¢ir swn8tsrs lo permit U5 free attendanee and for those vislled our stands. During thè yèar fiva of our current Trustees vislle¢l K¢nya lo discus8 and see some of the or¥Joing projects. Going forward in 2023 we wll continua with our making of grant ap￿ICatIons, ralsing our profile on 50C4al m8dla, attending shows and events where practi¢al and SUPPDrting our ftjndraisers. We are also remewing the possibllity of h￿dIng our own fvJndr8ising events and torming new corrK)rate and tru31 partnerships. W6 t8k8 this opportunity to th8nk all our donor5 auoss the fundraising events and those making general donations towards olr aims. We also thank the team from Rhino Ark Kenya Charftable Trust lor their support In provldlng re18vant documentslion and SUPPDrt malorial. Financial review The trustees are satisfied wth thè finawal activity during the year and the posftion al the balan￿ Sheet date. Th& 8ceA)unts h8v8 been prewed on a 9olng ¢onc£rn b8S18 and there are no utY2rtainties tr) report al th[$ date. RHINOARK UK TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 It is the Foliry of the Charity that unrestri(*ed funds thich have not been dèslgnaled for a specific use shwld bo maintalned lo cover at least SIX months expendituro and that has been achieved in the year, The Trustees con51der that reserves al this level will ensure that , in the event of 8 Sl9nifiranl drop in income , they will be ablo lo continue the charity's current aclivilies while consideration is given to way5 in which additional fijnds may be ials¢d , The level of reserve is r&viewed ewery six months and if in surplus, then an agreement lo donate is tnade further to discussions carried out with Rhino Ark Kenya. The Trustees have assessed the major risks to whlch the charity is exposed, and are 8atisfied that systems arè in place lo mrtigate exFosure to IhÉ rnajor risks. Structure, governance and managerrent The Charlty was lomied by a Declaration of Trust on 15 May 1995 and registered wth the Charity Commls8ion on 8 June 1995, A new Dedaration ofTrusl w88 made on 7 March 2013. Thè Trustee8 who $grYed duriThJ the y8ar 8nd up to the dale of signature tsf the financia statements were.. Mr R G H Ttitton (Resigned 2 August 20221 Mr J Bowden Mr N Kuhle Sir C Kaberry 81. rPOrr Mr T Latta Ms H Fe8ther Mr K Shah Mr l R Purcell (Appointed 10 July 20221 (Apponled 10 July 20221 {AF)p(xnled 10 July 20221 IAppThnted 10 July 20221 In selecting individuals for appointment 88 trustees, the trustees must have re9ards to the 8klll8, knovAedge &nd expèrienee nee(kd for the effedive adrninistralion of th8 tha￿ty. The day-to4ay management ol the chwity has been delegated to Mr J Bowden and Sir C Kab8rry Bl. During th8 yaar IoLJr naw IrLJStèès were appointed to the Board. Thèy w8 all regular visitors to K8nya and have lived or havg hornes there. Mr Guy Tritton r8signed as a Trustee effethve 2 ALtgUSt 2022 and we thank him lor his servicks to the Ch￿ty since Its InTrptson in 1995. Sale9uarding l Trustees and vis((ors lo Kenya on behall of the Charity are made aware of the Rhino Ark Kenya Charitable TrLJSt policlès lor Safèguarding and Child Proledll￿ and requested lo abida by th8m. These polici85 will be posted on the rhTnoark.org websil The TrugtèÈ8' report was approved by the Board ofTrustees. Mr J Bowden Trustee Datad.. Slr C Kaberry BL Trustee Ifj CL zoxs RHINO ARK UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RHINO ARK UK I report lo the Trustees on my examin8tlon of the financial statements of Rhlno Ah UK Ithe charity) for the year 8nd8d 31 Dacèmber 2022. Responsibilities and basls of report As the TNslees ol the charity you are resPQWlsiblo ft>r the pweparallon ol the finanaal statements in accDrd8nce wlth the requiromenls ol the Charities Acl 2011 Ilhe 2D11 Acti. I re￿rt in respect ol my examination ol the c*arity's finarrial statements cArrled out ilDder sectlon 145 of th& 2011 Act. In carrying out my examlnatlon I have lollowed al the applicable Directions given by the Charity Commlssion und¢r section 14515llbl ol the 2011 ACL Indepgndgnt gxamlnerf8 statement I have wmplelgd rny exarnination. I confimi that no rngtters have (￿me to ffly attention in connedim ￿th the examination giving me rause lo believe that in any material respecl.. accounting ¥ecords were not kept in re5PeCt ol the charity as required by section 130 01 thè 2011 Aet,. or the finanaal statements do Trot accord with those records,. or the finanual statements do not ox)mply with the applical￿e requirèmènts concèrrtlng thè form and mnlent of accounts set out in the Charities IA(xounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a rn8tter considÉrèd as part of an indèpendent examination. I have no tx)nr4n8 and have ￿me across no other matters in C￿nneCtiOn ￿th thè 8xaMlnatlon to whlch attention should be drawn in this report in order to enable a proper understanding of the finanaal statements to be read)od. Plat• Ca Chartèrèd Certllied Accountsnts Wilmington House High Street East Grinstead West Sussex RH193AIJ Dg1¢d'. RHINOARK UK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 VnrÈ$trlcted funds 2022 TotaE 2021 Notes Income from.. Chaiilabk Income Investments 98,135 127 94,632 Total Incom• 98,262 94,632 Ex ndlturè on: R8ising funds 3,321 3,808 Ch8ntatAè activatles 10,539 Rer￿ittan￿ lo charitab￿ Trust 97,500 87.500 Total r&v)urces expended 111,360 97,898 Net expendlture for thè yearl Net movement In funds 113,0981 13,C661 Fund balanr£s 811 January 2022 40,872 43,738 Fund balane•s at 31 Dècèmber 2022 27,574 40,e72 Th8 St8tement of finani#al adwib@8 indudes all gains and1055es r￿￿gUiSed in the year. All incom8 8nd &xpènditure derive from continuing a¢tiviles. RHINO ARK UK STATEMENT OF FINANCIAL POSITION AS A T 31 DECEAIBER 2022 2022 2021 Not•s Current a880ts Debtors Cash al bank and in hand 197 29,879 45,167 30,076 45,167 Credltors.. amounts falllng due wlthln onè yèar Othèr uèditors 11 2,5CY2 4,495 Net L7Jrrent assets 27,574 40,672 Income funds Unrestheted funds 27,574 40,672 27,574 40,672 The finanoal 5tstemntS Were approved by the Trustees on....... Mr J Bowden Trustee >ir L KaDerry RHINOARK UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting pollcles Charity Informatlon The Charity was fomied by a Ded8rallon ol Trust on 1S May 1995 and registered with the Charity Commission on 8 Junè 1995. A new Declarallon ofTrustwa8 made on 7 March 2013. 1.1 Accounting comièntlon The finanoal statÉmÈnts have been prepared in accordance the charity's gov8miThJ doeument dated 7 March 2013, the Charilles Act 2011 and Aceounling and Reporting ty Charitses.. Statement of Recomm&nd8d Prath'ce applicable lo charities preparing their accounts In aeCDrdance wllh the Financlal Rèpothng Standard applicable In tt)e UK and Rep(￿lIC of Ireland IFRS 1021 lettective 1 January 20191" The charity is a Ptblie BènÈft Entity as defined by FRS 102. The charity has taken advantage ol the provisions in the SORP lor charities applymig FRS 102 Update Bullettn 1 to pr&pare a Statement ol Cash Flows. The financial statements are prepared in sterling, whlth is th8 fiJn<*onal currency ol the charity. Monolary amounts in these flnanaal slalemenis are rounded lo the nearest £. 1.2 Going ¢on¢ern Al the lime of appming th& financlal stalemenls, the Tiustees have 8 ￿3$Onabl& èxpéctstlon that the charity has adequate resguices to cLJnlinue in opèrational existence for the foreseeable fthure. Thus the Tru8lees continue to adopt the golw ctsncgrTr basis of accounting in preparing the financlal slalemenls. 1.3 Chahttable funds Unrèstrided fund8 are ctonations aThJ other In¢om8s received are available for usè at the disttètton of the Trustees in furthera1￿ of thelr charitable objectives. Th￿ wos fund designated for other purp08es. 1.4 In¢omln9 ￿1x1r¢ Income Is rewgni8ed when the charity r8cèw6d11. Cash donations ar8 r8u)gnised on receipt. Inc£ime tax ￿COvera￿e in ral8b.on to donations received urKler G4ftAd Qf deed8 of covenant is recognisad at the time ol r￿lpt. 1.5 R•sourc•s •xp•ndèd Costs of generated lunds are those incurred in attraGting voluntary income, or incurred in fiJ)drdislng at*wlies. Chafitable expenditure comwlsès Costs incurred by Ike d)arty provlding aclivilles and 8ervi￿$ lor its bèn•fiuari•s. Support and *lminiÈtralion costs ol Ihe chorlty relate to the costs of running the charity and Inejude any c081s which canr￿1 be speaficalty identified to any other expendrture. 1.6 Flnanelal In$twments DebtoTs and credltorn r￿1¥&￿e1 payabl• wlthln one yèar Debt915 ond ￿edItorS with no staled intèrést rate a￿1 receiva￿9 or payable wllhln ¢ne y¢ar 8re rocorded at transaction price. Amy losses arlsing from impairm8nt ar8 r8eognis8d in the profft and loss account In olh9r admini61ra￿e expenses. RHINO ARK UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 310ECEMBER 2022 charItab￿ Income 2021 2022 Event- Rhino Charge Kenya Gr8nls E-safari London Marathon Gifts Aids Tax reclaims Donalions 78,188 71,612 7,129 1,153 8,147 4,822 1,769 8,841 5,812 7,294 98,135 94,632 Invgstrnents UnreJtrf¢ted fun(ts 2022 Total 2021 Interest receiva￿e 127 Ralslng funds Unre5tr1cted Unrestrlclèd funds 2021 2022 Fu draI￿n SuprK>rt costs 3,321 3,80e 3,321 3,808 RHINO ARK UK NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Support costs Support Govemance costs eosts 2022 2021 Fundraising London marathon F&s Insurance Bank Chaig6s 3,321 5,315 2,588 218 240 3,321 5,315 2,588 216 240 3,808 110 1.962 598 Ind8peN18nt èxaminer fè8S Awutrtancy 2,180 2,180 3.120 600 11,680 2,180 13,860 10.198 Anatysed be￿een Fundraising Charitable activities 3,321 8,359 3,321 10,539 3.8Q8 6.390 2,180 11,680 2.180 13,880 10.198 Nonè ol the Trustees lor any persons connected with Ihctnl I￿aVed any remuneration or benèfity from thé charty during the year. Trustees, travel expenses lo and frorn Kenya and whllsl in Kenya are borne by th&MSe￿eS. Durlng the year expenses ol £398. on behalf of the charity was rwmbur8ed tts truatè8 Sir C Kaberry Bt Employee8 The average rnonthly number of ernployees during the yearwas.. 2022 Numbor 2021 Number Total Thère wwe no employees ¥those annual remuneration was more th￿ £60,[￿0. Rernittane• to Charltabl• Trust of RhlnoArk K•nya During th8 yèar £97,500 warè donated to Rhino Ark Kenya Charitable Trust, an a8soGialed charity. RHINO ARK UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Debtorg 2022 2021 Amounts falllng due v*lthln one year: Prep3yMants and accwed incomo 197 10 Balance Sh•8t Valuation Cash and e2sh equivalents incjude cash in hand, deposits held al call wth banks and bank overdrafts. Creditors vith no stated Interest rale and receivable 01 payable wlhin one yeBr are reC￿ded at transadion price. 11 Other creditors falllng dut wlthln one year 2022 2021 Aeuua18 2,502 4,495 12 Relat￿ party transaEtions Durlng the year the chttrty paid £7,5CQ1£7,5CXJ- 2Cp211 as marketing fees lo Raitt Orr & Assoaales Limited of whom one Trustee is a Dire(*or and 0￿er.0￿ behalf ol an a8SOCl8ted Charity, Rhlno Ark Kenya Charft8ble Tru8L This figwe is shown under donations on the a¢counlg.