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2023-12-31-accounts

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Charity registration number 1047083

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RHINO ARK UK

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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RHINO ARK UK

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr J N Bowden
MrCN Kuhle
SirC D Kaberry Bt
MrPCR Orr
MrWT
Latta
Ms H M Feather
MrK RDB
Shah
Mr IR Purcell
President LordAberdare DL
Patrons Jonathan Scott
Robert Lindsay
Charity number 1047083
Princlpal address AcomWood
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 HillAvenue
Kings Hill
West Mailing
Kent
ME194JQ

RHINO ARK UK

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CONTENTS

Page
Trustees’ report 1-3
Independent examiner's report 4
Statement of financlal activities 5
Statement offinancial position 6
Notestothefinancialstatements 7-10

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RHINO ARK UK

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

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The Trustees of Rhino Ark UK present thelr report and financial statements for the year ended 31 December
2022. The charity number is 1047083 and its office's principal address is Acom Wood, Swan Lane, Edenbridge,
Kent TN8 6AH.,
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The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activitles

The object of the Charity is to assist In the protection and preservation of the fauna and flora , in particular but not exclusively , the black rhino in the Aberdare Park Rhino Sanctuary , and other mountain eco systems within East Africa.

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Since 1995 the management of the charity and fundraising activities have been undertaken by the Trustees and Volunteers, none of whom received any remuneration in the year.

The Trustees have paid due regard to guidance issued by the Charity Commission(including those on public benefit) in deciding what activities the charity should undertake.

Achievements and performance

We continued to promote our aims and lift our profile of the work that Is carried out by The Rhino Ark Kenya Charitable Trust in the environment and biodiversity areas in Kenya . We submitted several applications for a varlety of grants for funding in particular of continuing the building of Mount Kenya fence , conservation and safety of the black rhino in the Aberdares and commencement of the Kakamega Forest fence. All this work will help to severely reduce human wildlife conflict and make safe routes for children to pass to schooi. This also covers working with local communities who provide much support in helping in cessation of killing, poaching , snaring of wildlife, illegal logging for both charcoal and buming as fuel and degradation of the biodiversity where they live.

The annual major fundraising event — The Rhino Charge in Kenya - was held again and raised £82,712 before Gift Aid recovery. Our Trustee John Bowden continued his success in the event as winner of the unmodified vehicles for a hat-trick of wins.

The London Marathon was also held in October and our commendable five runners raised £11,897 before Gift Ald. This year we also took part in the 60 mile section of Ride London raising £1,103.We attended again four motor shows in the year at Billing , Goodwood Festival of Speed, Shere and Edenbridge and are grateful for their sponsors to permit us free attendance and for those who donated at and visited our stands. In June we held at dinner courtesy of Stephenson Harwood in their offices and kindly sponsored by Titan Wealth Holdings Limited. Our speakers at the dinner were the Executive Director of Rhino Ark Kenya Charitable Trust , Mr Christian Lambrechts , and one of our patrons ,Mr Jonathan Scott. All our trustees attended as well as our President , Lord Aberdare , together with the Chairman of Rhino Ark Charitable Trust Mr Peter Kinyua. We thank all those who attended and those who donated at the event. Going forward in 2024 we will continue with our making of grant applications, raising our profile on social media, attending shows and events where practical and supporting our fundraisers, We are also reviewing the possibility of holding our own fundraising events and forming new corporate and trust partnerships.

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RHINO ARK UK

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Financial review

We take this opportunity to thank all our donors across the fundraising events and those making general donations towards our aims, We also thank the team from Rhino Ark Kenya Charitable Trust for their support in providing relevant documentation and support material.

As a result of grant making requests we wish to thank The Big Give Green Fund for £5,000 matching donations, the Souter Charitable Trust for £3,255 towards the Kakamega schools conservation education programme and The Forrester Family Trust for £5,000 for rainwater harvesting materials for schools In the

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Aberdares.

The trustees are satisfied with the financial activity during the year and the position at the balance sheet date. The accounts have been prepared on a going concern basis and there are no uncertainties to report at this date.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained to cover at least six months expenditure and that has been achieved in the year. The Trustees consider that reserves at this level will ensure that , in the event of a significant drop in income, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised . The level of reserve is reviewed every six months and if in surplus, then an agreement to donate Is made further to discussions carried out with Rhino Ark Kenya.

The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The Charity was formed by a Declaration of Trust on 15 May 1995 and registered with the Charity Commission on 8 June 1995. A new Declaration of Trust was made on 7 March 2013.

The Trustees who served during the year and up to the date of signature of the financial statements were: Mr J N Bowden Mr C N Kuhle

Sir C D Kaberry Bt.

MrPCR Or

Mr WT Latta

Ms H M Feather

Mr K R DB Shah Mr IR Purcell

In selecting Individuals for appointment as trustees, the trustees must have regards to the skills, knowledge and experience needed for the effective administration of the charity.

The day-to-day management of the charity has been delegated to Sir C Kaberry Bt. in the year with relevant support from alt trustees. Seven of our trustees visited Kenya in the year to see and discuss the projects being carried out by Rhino Ark Kenya Charitable Trust .

The Board held three formal meetings in the year.

Safeguarding

All Trustees and visitors to Kenya on behalf of the Charity are made aware of the Rhino Ark Kenya Charitable Trust policies for Safeguarding and Child Protection and requested to abide by them. These policies will be posted on the rhinoark.org website front homepage.

The Trustess’ report was approved by the Board of Trustees.

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RHINO ARK UK

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2023

Trustee ~ - Dated: . seeuereggeate Mr J N Bowden \f a

Trustee Dated: cen 2 cf, Sir C D KaberryMobo

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RHINO ARK UK

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RHINO ARK UK

| report to the Trustees on my examination of the financial statements of Rhino Ark UK (the charity) for the year ended 31 December 2023.

Responsibilities and basls 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 2011 Act).

| report in respect of my examination of the charlty’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination | have followed ail the applicable Directions given by the Charity Commission under section 145(5)(b} of the 2011 Act.

Independent examiner's statement

| have completed my examination. | 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 chanty as required by section 130 of the 2011 Act; or

| have no cems and have come across no other matters In connection with the examination to which attention should rawn in this report in order to enable a proper understanding of the financial statements to be reached.

Place Campbell

Chartered Certified Accountants

Wilmington House High Street

East Grinstead West Sussex

RH19 3AU Dated: oT13h Tee[ry

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RHINO ARK UK

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023

Unrestricted Total
funds
2023 2022
Notes £ £
Income from:
Charitable Income 2 121,769 98,135
Investments 3 1,058 127
Total Income 122,827 98,262
Expenditure on:
Raising funds 4 11,390 8,636
Charitable activities 5,171 5,224
Remittance to Charitable Trust 8 100,000 97,500
Total resources expended 116,561 111,360
Netincome/(expenditure) forthe year/
Netmovement In funds 6,266 (13,098)
Fund balances at 1 January 2023 27,574 40,672
Fundbalancesat31December2023 33,840 27,574

The statement of financial activities includes alt gains and losses recognised in the year.

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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RHINO ARK UK

STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2023

2023 2022
Notes £ £ £ £
Current assets
Debtors 10 7,987 197
Cash at bankand in hand 28,953 29,879
36,940 30,076
Creditors: amounts falling due within
one year
Other creditors 12 3,100 2,502
Netcurrentassets 33,840 27,574
Thefunds ofthe charity
Unrestricted funds 33,840 27,574
33,840 27,574

The financial statements were approved by the Trustees on 2S 2 oby Ad Mr J N Bowden Sir C D Kaberry Bt. Trustee Trustee

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RHINO ARK UK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Charity Information

The Charity was formed by a Declaration of Trust on 15 May 1995 and registered with the Charity Commission on 8 June 1895. A new Declaration of Trust was made on 7 March 2013.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document dated 7 March 2013, 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 1 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 £.

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 concem basis of accounting in preparing the financial statements.

1.3 Charttable funds Unrestricted funds are donations and other incomes received and are available for use at the discretion of the Trustees in furtherance of their charitable objectives. There was no fund designated for other purposes.

1.4 incoming resources Income is recognised when the chanty received it.

Cash donations are recognised on receipt. income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of receipt.

Expenditure is recognised on the accounts on an accrual basis.

Costs of generated funds are those incurred in attracting voluntary income, or incurred in fundraising activities.

Charitable expenditure comprises costs incurred by the charity providing activities and services for its beneficiaries.

Support and administration costs of the charity relate to the costs of running the charity and include any costs which cannot be specifically identified to any other expenditure.

1.6 Financial instruments

Debtors and creditors recelvable/ payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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RHINO ARK UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

2 Charitable Income

2023 2022
£ £
Event- RhinoCharge Kenya 82,712 76,188
Grants 8,255 -
Ride London 1,103 -
London Marathon 11,898 8,841
GiftAid Tax reclaims 7,421 5,812
Fund Raising Dinner 8,815 -
Donations 1,565 7,294
121,769 98,135
3 Income from investments
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Interest receivable 1,058 127
4 Expenditureon raising funds
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Fundraising and publicity
Staging fundraising events 7,035 -
Otherfundraising costs 4,355 8,636
11,390 8,636

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RHINO ARK UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

5 Support costs

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||||||| |---|---|---|---|---|---| |Support|Governance|2023|2022| |costs|costs| |£|£|£|£| |Fundraising|7,035|-|7,035|3,321| |London|marathon|3,960|-|3,960|§,315| |Ride|London|395|395|-| |Fees|2,527|-|2,527|2,588| |Insurance|267|-|267|216| |Bank|Charges|179|-|179|240| |Independent|examiner fees|-|2,198|2,198|2,180| |14,363|2,198|16,561|13,860| |Analysed|between| |Fundraising|11,390|-|11,390|8,636| |Charitable|activities|2,973|2,198|5,171|5,224| |44,363|2,198|16,561|13,860|

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6 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. Trustees’ travel expenses to and from Kenya and whilst in Kenya are borne by thernselves. During the year expenses of £1,043, incurred on behalf of the charity were reimbursed to trustee Sir C Kaberry Bt

7 Employees

The average monthly number of employees during the year was:

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|||||||| |---|---|---|---|---|---|---| |2023|2022| |Number|Number| |Total|-|-| |There were|no employees whose|annual|remuneration|was|more than|£60,000.|

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During the year £100,000 was donated to Rhino Ark Kenya Charitable Trust, an associated charity.

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RHINO ARK UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

9 Taxatlon

The charity is exempt from taxation on its actlvitles because all its Income {s applied for charitable purposes.

40 Debtors

Debtors
2023 2022
Amounts falling due within one year: £ £
Prepayments 7,986 197
7,986 197

11. Balance Sheet Valuation

Cash and cash equivalents Include cash in hand, deposits held at call with banks and bank overdrafts.

Creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

12 Other creditors falilng due within one year

Other creditors falilng due withinwithin one year
2023 2022
£ £
Accruals 3,100 2,502

13 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January
2023		 Incoming
resources		 Resources
expended		 At31
December
2023
£ £ £ £
General funds 27,574 122,827 (116,561) 33,840
Previous year: At 1 January Incoming Resources At 31
2022 resources expended December
2022
£ £ £ £
Generalfunds 40,672 98,262 (111,360) 27,574

14 Related party transactions

During the year the charity paid £nil (£7,500 — 2022 ) as marketing fees to Raitt Orr & Associates Limited of whom one Trustee is a Director and owner,on behalf of an associated Charity, Rhino Ark Kenya Charitable Trust.

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