Company R•gistrallon Number.. 3302S20 Charlty Registratl¢)n Numbor: 1060811 EDEN WILDLIFE TRUST (A company limlted by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023
EDEN wIL(lFE TRUST (A company limlted by guarante•) COPITENTS Page R•f•r•nce and administrallvo details of tho charlty. its Tntslees and advisèrs TNstoes' report Indendent examinerf$ roport Statèmènt of fina0a1 actlv Balance sheel Statement of cash Ilows 10 Notes to the financlal statem•nts 11-20 Th8 following pages do n¢X fomi pwt of the statutY finarla1 statwnents.. Chadty Income and Expendilur• account
EDEN MLDLIFE TRUST IA company limlted by guarantee) REFERENCE AND ADMIP4STRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR ThE YEAR ENDED S APRIL 2023 Mr J G Eden (resned 23 June 2023) Mr5 A J Hague Mr D E Hdon Mr P J Beeson, Chairman Mr M Eden (appointed 23 June 20231 C(xnpany Rgglstra¢lon Number 3302520 Charbty R8glstratlon Number 1060811 Regfjstered Offic• Reading Bridge Hous• George Street Reading Berkshire RG18LS Readmig Bridge House Ge¢Nge Street Reading Berkshire RG18LS Secretary Mr D E Hydon Chlef Executl¥e Offlcer Mr P J Beeson (appointed 23 June 2023} Accountants James Cowper Kraslon Reading Bridge HLNse George Street Reading Berkshiré RG18LS 8ankers Barclays Bank PIC 90-93 Broad Street Reading Bet1(shire RG12AP Page 1
EDEN LDFE TrUST {A company limited ty guarantse) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS ICONTINUEDI FOR THE YEAR ENDED S APRIL 2023 Sollclto Morr & Co LLP SeL+Jnd Fk)or Basepoint Business Centre 377-399 London Ro•J Cbe&Y GU15 3HL Investmgnt Advlsers Charles Stanley & Co Limited WiNchv Court P•linns Business Pa 7 Wesl Way Bouey, Oxfordshir8 OX2 OJB Insurance Brokèr¥ Marsh ConNnercHI Limited Rourke House Watermans BUS1rSS Pa The Causeway Staine$ Upon Thams TW18 3BA Trust¢8s for th• Charlty IN¢)mlne• holding Charlty's Investments) R¢xk Nominees Limited Willow Court Minns Business P 7 West Way 8otley, Oxfordshire OX2 OJB Page 2
EDEN YIILDLIFE TRUST IA company limited by guarant¢•l TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2023 The Board presents its report with Ihe finawal $trtfflts of the ccmpany for thè ended S April 2023. FNSTORY Thè coryany was inc(YKYJrated w 15 Januwy 1997 in cAder to acquire the a$sets and to continue more effectively and efficiently the objectives of a Trust estsIlShed by the late Ruth Eden on 15 March 1979 and known as Eden Wildlife Trust. vthereby she settled furKls on Trustees to be held L¥ expended on charitable (•jectives. The company commenced its cperationa Tok 6 April 1997. Tho charitable objectives arè the of edatIon conmIng lId a)Yn$ their environment and the promotion of the moral welfare of Ihe ceKrununity at larye by Ihe amelIallon of Ihe condition of wld animals sufferiry cruelty cff dtress. The Memorandum gives the Twstees absdule distteti in the inStmant offunds. Thè Trustees have power to appty Irne ¥KI Capital in the fvrtherarts crf Twst objeds. PRINCIPAL ACTIVITIES The principal activity of Ihe ca)mY f Ihe y aThled 5 W )23 was that of a Charity. BOARD OF TRUSTEES The Trustees. all of whom V4Ere Diredors durirvJ the year under weR". Mr J G Eden - resigned 23 June 2023 Mrs A J Hague Mr D E Higdon Mr P J Beeson - appointed Chwmian 23 June 2023 Mr M Eden - appointed 23 June 2023 The Tru$teg$ accepted the restgnation of J Eden rm 23 June 2023 and are Sed to welcome hi5 SC M Eden. We lake this opportunity to rerd our thanks to J Eden for the many years service he gave the Trust. A nLmber of Trustees are $0 mem olthe Ccryany. APPOINTh1ENT OF TRUSTEES The companls Memorandum of Assctiakn"on contains the steps reqUId for the appointment and reliremenl of Trustegs. Copies of thè compan1$ MemoraThJum are availab from the ccrfnpany's Registered Office. PUBLIC BENEAT The Trustees confirm that they have referred to the gutdance contained in the Charty Commission's 9enefal guidance on pubkc benefit wthen revild the ains and objectives of Eden Wddlrfe Trust and in planning future aetmlies and setting policies forlhe frjture. Pag8 3
EDEN WILDLIFE TRUST (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 ANNUAL REVIEW In aance wlh the wistrs and interest of the settkw of the oiiginal TTht, main xtNf(ies of the Trust are directed to educatKJn ¢oncernry wibj animals and to the conservation of wildlrfe, both in Kenya. The Board have ensuied that the LyratK)ns ofthe Trust during yfrar have been directed to the need to pffjmde wblic benefl. HistorKaNy many of our wqacts requested di• by the Kenya Wildlrfe Service. How8ver, more recentty we have been wofking with other NGOS by providing funds for Icral projects. We longer work 'redty with Kenya W&dlrfe Ser¥ice. Monies are hebj for emergency support and direct roquasts. An annual budget for projects in Kenya was sel ty the Trystees. Projects are funded directy to NGOS from ¢JJr UK bank ac¢ounL No rmnies are for ktsl distrbutK)n in Kenya. In the Y under review. th8 TNstees Continu to putsue general obj'ectives in continuation of those in prewou5 years. The Trust ¢(centrate$. in most part, on provJing fvnds lo assist ranger teams or supporting projects that assist the bcal co1Unias. Often these prc4ecls do not receive signifi'cant other funding from the larger intematicl ch¥itbes. We have not been requ8sled lo provide Emer9ency funds by any organi&ion during the ar, and this smal of budget was left unused. However. pleasingty. all ofthe major prqects planned ha¥e been successfuly C¢ed. RESERVES POUCY A8 a matter of policy, the Trustees will seek to maintain value of the ExpefKlable Endowment Fund. The Trustees are watchful that the basic Capi assets represented by the Expendable Endowment Fund are able lo support expenditure in excess ot incLYne taking year with another and where 8ssenlial are stil prepared to spend nviey in excess of income. KEY MANAGEMENT PERSONNEL REMUNERATION The Trustees consider thal Ihe Board of Trustees compnse the key management petsonnel of th8 charity in charge of directing and eonliolling the thartys a¢tr¥ities and operatsng the charty on a day to day basis. All Trustees give their time fraety aNJ Trustee remunerath)n was paid during thg yw. STATEMENT OF FINANCIAL ACThIITIES Investrnenl ¥)come lor the year was £125.164 1£119.287 - 20221. Total resources expended wèra £126.347 (£119,819 2022) including direct Chalitile 8xpendrture of £107,500 {£103,000 20221. Expendrture exceeded income by £1.183 (£532- 2022). As not&J under Reserves Poky the Trustees are epare(I lo spend n)neY in excess crf inc¢Th. whKh proved the ease agn this year. INVESTMENTS The Twstees investrnent is tt) maintain a bnee beiween ¢apital grtyh and income. The Trust's stock market investments were Ved at £2.873.646 at 5 April 20231£2,935.127 - 20221. The Trustees are still mindful of the economic and poIrtl piobiems surrounding the war in Ukraine inflatnary pressures cast over all the world ihe effect tw continue lo have on our onoing project support our diwjend inccffie stream. P4
EDEN MLDLIFE TRUST IA company limited by guaranlo•) TRUSTEES. REPORT {CONTINUED FOR ThE YEAR ENDED 5 APRIL 2023 STATEMENT OF TOTAL RECOGMSED GAINS AND LOSSES The deficiency of w income for Ihe year of £1,183 I£S32 - 2022) was decreased by realised investment gain of £8,C61 (gains of £25,233 - 20221. h¢ythtver increased frcxn unrealsed loss of £112,714 (gain of £3S3.261 - 20221. ACCOUNTS The xcounts on pages 8 to 20. ¢omFty ryth currenl statukny requirements and the ¢hariV8 goveming documents and the Charilies SORP (FRS 1021. STATEIAENT OF TRUSTEES. ftESPONS181LmES The Trustees (who are also Ihe direclots of the charity for the putposes of ccwnpany lawl are responsible for preparing the Trustees, port arKI the financial stat8ments in accordance &th applicable law and Unitèd Kingdom Accounting Standards Iunrted ngdn Generalty Accepted Accounting Prth}. Cowny law requires the Trustees to tryare fma%ial Sei$ for eh fincial . Under CoMY la4V. the Trustees must not approve the financia statements un18SS th8y are satisfied that they 9Ne a tnje and fair view stsle of affa"r5 01 the chanty of rts mconNng resources and applicatKJn of resources, including ils incomo and expenditure. for that pericJ. In pren9 these fin8rial statements. the Trustees are required lo.. select suitable aCCntIl¥j pdKies and then ttrth) cmsistentty.. observe the metlwjds and princples of the chtieS SORP (FRS 1021,. make judgments and accounting eslimales Ihal are reasonabbe aThJ prud8nt', prepare th8 finala1 statements on the 9c¥n9 eoncem b•s unless it 1$ inappropTiat8 to presume that Ihe chartywill continue in bu95$. The Trustees a responsible for keeping que accounting records that are sufficient to show and explain the ch$ transactions and disclose wrth asOnable racY at any twne the financial position of th8 charity and enable them to ensure that the finarKial statement$ eomth wrth the CaleS Act 201%. They are also responsible for safeguarding the assets of the charity and hgnce for (ing reasonable steps for the prev8nlion and detectIC of fraud and othet irreguiarrties. Page 5
EDEN WILDUFE TRUST IA company limited by guarnntw) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED S APRIL X123 Slatement of Tru5t8es' rnsponsib1liti (CONTINUED) RISK REVIEW The Board of Trustees has ClUded its thvn revie of map)r iisks to which the ¢harity is exp¢)sod system$ have been estsblished to mtigate those risks. The Tmslees consider our risks to be" Investmenl portfolio risk - have tsken steps to ueate a rn0 divwsifd p110 of inve51m8nts, which indude other asset classes in ajdilion to equit. We also hold a cash baaTKe to supplement our on-going income that covers two years requirements. Thi% buffer as515t U5 greatly as we are mindful of fluclualing diwdend income as a result of the eco cMsequenees of the Covid pandemic. Climate than9e in Kenya- we a very c4YKemed on the effect thts wll have on wildlrfe and lo the local population. Teworisl threat in Kenya - we ty to ensure the safety ol peop 4TrJ projeds in Kenya at all times and r longer eary out project WO in more sensrtwe areas ofth8 county. TRUST ASSETS AND UABIUTIES In Ihe opinp)n of the Trustees th8 Tntsts assets are avail& arKI a(kquate to meet its obkngatws as Ihey fall due. This report has been prepared ui a¢cordan¢e with speci provisi5 of Part 15 of the Companies Act 2006 relatin9 to small Companies and has been prepared in acecKdance wth the Statem1 of ReMMended Pr¥Ltice, AcCountg and ReF¥)rtJ'n9 by Chaiities. This report was approved by Ihe TFU5tees and signed on their behdf. by.. MrPJ Trustee eson r D E Higdon Page 6
EDEN WILDUFE TrUST IA company limited by gyarnntse) INDEPENDENT EXAMINEifs REPORT FOR THE YEAR ENDED 5 APRIL 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EDEN WILDLIFE TRLIST Ilhe chaiity.) I report lo the charty Twstees on my examinknn of the xcounts of the thty for the ¥r ended 5 Aprl 2023. RESPONSIBILITIES AND BASIS OF REPORT As the Tru51ees of Ihe charty {and ts directors for the wrpDses of company lawl you are responsible for the prep¥ation of the accounts in ¢dance wilh tr requirements ofthe CnIeS Act 2006 Ilh8 21x16 Act.). aving satisfied myseW that the accounts of cthanty ¥e not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinat. I rewt in respecl of my examination of the charity's accounts carried out urKler Sect 145 of the Charibes A¢t 2011 fthe 2011 Acf). In earrying out my examinati I have followed the Directions gr¥8n by the ChW CcmThssion under sedion 145(5)Ib) of the 2011 Act. INDEPENDENT EXAAINER'S STATEMENT I have cthr¢leted my exaninati¢)n. I that no matters have come lo my attenth)n in connection wth the examination giving me lIse to belwe" a¢¢ounlirwJ recor(Is were not kept in respect of the (knty as required by section 386 of the 2006 Act; or Ihe acC(nIS do accord with those recryds: or the accounts do not compty with the aCctyJntm requirents of sectitin 396 of the 21JX kl other than any requirerrEnl that the accounts gwe a '1 aTrJ fa.rf vivw whth is a matter cons*J8ied as part of an Indepdent eXaMinan". or th& accounts have not been prepared in a¢ae wth Ihe mett¥)ds and Pmciples of the Statement of Recommended Practice for accounting aTrY rep)thng by charrties applieable to charitie$ preparing their accounts in accordance with the FancIal Rets.ng SLdard applicablo in the UK and Republic of IrelaThJ {FRS 102). I have no concems and have ¢(xne xross no other malters n connection wth Ihe examination to which attention should be drawn in Ihis report in crfdef to enable a proper understanding of the a¢nIS to be reached. Swned,. P, 16 December 2023 Alexandw Peal 8S¢{Hon$) FCA Dc1 Charteraj Accountant James Cowper Kreston. BrKh3e Ffv)usg. Ge Street. ReadiNJ Bethshire. RG18LS Pag8 7
EDEN Y•lLDLIFE TRUST (A company limited by guarante•l STATEMENT OF FINANCIAL ACTMTIES (INCORPORATING INCOME AND EXPENtMTURE ACCOUNTI FOR THE YEAR ENOED S APRIL 2023 •ndowment Unrestrl¢ted funds funds 2023 2023 Total funds 2023 Total funds 2022 Income from: Investments 125.164 125.164 119.287 Total Incomè 125.164 125,164 119,287 Expendi¢ur• on: Rain9 funds.. Investment manement Charitable activities.. Govemance CharitJle activitss 12.9TI 12.977 11.701 5.870 lo700 5070 107,500 5.118 103.000 Tolal exp•ndllur• 126J47 126J47 119.819 Net Ilossesvgains on in¥eslments 1104.653) {104.6631 378.494 N•t Incom• b•for• transfers Transf81s betsveen fijnds 1104.653) 11,183) {105M361 377.962 11 Re¢onclllatlon of funds: Total fund$ brought foThvaTd Net VeMent in funds 3.170,742 110S,836) 3,170,742 (105A361 2.792.780 377.962 Total funds carri•d forward 3.064.906 3.064,906 3,170.742 Th• Statement of FancIal ActNils inchjjes al gaIr and k)¥ses re¢cbJni58d in the year. The notes on pages 11 to 20 f¢)mi part of these financial Stat($. Pa9e 8
EDEN WILDUFE TRUST (A company limiied by guarante• REGISTERED NUMBER: 3302520 BALANCE SHEET AS AT S APRIL 2023 2023 2022 Note Fixed assets Investments 2m.646 2,935.127 2M73.646 2,935,127 Current a$$ets Cash al ba and in hand 15 198.1)94 241.369 Creditors.. an)Unts falling due 7Mihin one year 10 (6.834) (5,7541 N•t curr•nl assets 191.260 235,615 Totsl net assots 3.064.906 3,170,742 Charlty funds Expendable en()WMt fvnds 11 3.064.906 3,170.742 Total funds 3.064.906 3,170,742 The ¢harrty was entitled to exempti1 from audit under section 477 of the Companies Act 2(. The members have not required the etsryny to obta.bn an awlrt for the >tar in question in accordance with section 476 of con Act 2LM]6. The Trustees ackntrmedge their resp(m911es fe c(Ynpkn' the requirements of the Act with respeet to accountxig records and weparation Offir1 sLements. The financial slatenwnts been prepared in aCCordar with the provisions pliCable to entleS subject to the small companies regiff. The fin*¢ial staiements were approved aThl authori issue by the Truslees and signed on their behalf ty, MrPJ Trustee Twuslee The noles on pages 11 to 20 form part rA these ffinanC statemts. Page 9
EDEN WILDUFE TRUST (A company Iwnited by 9uarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED S APRIL 2023 2023 2022 Note Cash floTNS from oporatlng actfvities Net used in operating actTriifs 14 (125.2671 (119.1951 Cash flo1 from Investlng actlvh16S Dividend5, interests and rents from investrnents Proceads from sale of investments Purchase of investments 115,164 147.666 (190,83BI 119.287 158.972 1120,3941 Net cash Pfovlded by Invesllng actlvllles 81.992 157.865 Change In cash and cash equivalents In th• year Cash and cash equivalents at the l)eginnivJ of the y 143.2761 241.369 38.670 202.699 Cash and cash oquiv4lents at thg end of Ihg year 15 198.094 241.369 The notes on pages 1110 20 fc¥m pwt of these financial statements PJe 10
EDEN IIILDUFE TRUST A company limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 Accountlng polkles 1.1 8asls of preparation of financlal statgmonts The financial statements have been prepared in accord¥Ke with the Charities SORP IFRS 1021 . Accounting and Reporting by Charits: Ststement of Recommended praCte apph'cable lo ¢harities preparing their accounts accordance wth the Financial Reporting Standard applicab in the UK and Republic of Ireland IFRS 1021 {effeclive 1 January 20151, the Financial Reporting Stsndard applicable ¥i the UK and Republic of IreLd IFRS 1021 the Companies Act 2006. Eden Wihjlife Trust meets the definition ol a publr ben8fi1 entity under FRS 102. Ass81s and liabilits we lnikn.al rewnised at hislcital cost or trar)saction value unless othernvise Staled in the relevant a¢c4wntirwJ polKy. 1.2 Cash al bank and In hand Cash at bank and in hand indudes cash aTrJ Sh(l48m7 highty Iquid investmants with a short mabjrity of three months or less frcrfn the de of acqUisit)n or opening of the deposil or similar account. 1.3 Crèdllorn and provlsions Credttors and provisw)ns are reccgnised where the compary has a present oblat resuKing from a past evenl, that will probabky sum in the transfer of fvnds lo a third party and the amount due to setue the cèligation e8n be measured or estimated reliabty. Credrtors and provisions are nomialty recogni5ed at thew sattlemenl amcMJnt after albwing for any trade discounts due. 1.4 In¢om• DIVendS ar• wieiuded wilhn the fInanU StatrlS when are paid. Bank and other deposrt te1 is shry4¥n gross whlst income from stock market investrmenl$ is slThvn net. Bank deposit teresl is Kluded wh1n the financh81 statennts wtrn is eamed. 1.$ Forèlgn balances Balances denominat in foreign culncle$ are converted at the rale NlirKJ at the date of the baL9nce sheet. 1.6 Inv•stm•nts Stock5 and shares are inclLwJed at they fair value at the year end using the closing quoted market pite. The movement n the Ststemenl of FinwKial Activits comprises both realised and unrealised gans and losses. 1.7 Charltable èxpènditure Charitable eypenditure is cOuld for on an xrnials basi$. Judgments and estlmat•s The preparal)n of the fnancial ststements requires the ¢h* lo make judswnents, estimates and assumptions that affect the ounts reported for assets arml liabilities at the balance sheet dale and the amounts reported for income and expenses dn9 the year. However. the nature of estimation means that actual outcomes could drff8r from those 8slimales. There were judgmanls or estimates that hav8 had a signifieant effed on amounts recognised in the financHI slaterwils. P•Je11
EDEN MLDUFE TRUST IA wnpany lim1t by guar•nle•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 Investment In¢om• Unrestrfcled fund$ 2023 Total funds 2023 Total funds 2022 Stock Ma¢1 investments 125.164 125,164 119,287 Tclal 2022 119.287 119.287 Cost ol activlties in fyrtherance of thg charity's obiectsv¢s 2023 2022 Wildlife expenses 107.500 103.000 107.SDO 103.000 Wildlife expenses relate lo thryldlife cOnservatn educalK pfoiects in Kenya. All expendrture for both 2022 a)d 2023 wa5 from unrestiicted funds. Investmenl management costs Unrestrlcted lunds 2023 Tolal fund$ 2023 Total funds 2022 Investment managemnl costs 12.977 12,977 11.701 Total 2022 11.701 11.701 P*Je 12
EDEN WLDUFE TRUST {A c¢mpany limit•d ty guarantwl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 6 APRIL 2023 Governance costs 2023 2022 Accounta Other Insurance 4134 1.279 457 4.404 257 457 5,870 5,118 Transfer between funds twansfers from eXpdable JneTrI fvnds lo unrestricted fvnds of £1.183 {2022: £5321 represent the excess nel expendiiure for the yw. Key MaTragemt Pernonnel During the year. Tn received any remuneraticr) or other benefrts12022 . £NIL). Trust afjmintstratmjn costs of £300 12022". £3(KJl for Proleswonal Ser¥e$ were rwmbursed to Mr O E Higdon. a Truste8, during the year. Mr J G Eden. a Truslee, was rein*Jursed £1,000 {2022: nil) respect cl a contribution to travel expenses to No other Trustees received any expenses. Page 13
EDEN MLDUFE TRUST (A company limil•d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 Flxfjd assgt Investm•rts Llsted securltlos Cost or valuation At 6 April 2022 Additions Disposals Realised gains Unrealised1055es 2.935.127 190,838 (147,6661 8,061 (112.714) At 5 P4ril 2023 2.873,646 Net l)ook valufr At S April 2023 2.873.646 At 5 April 2022 2.935.127 Investments at market valu• compris•: Tolal funds 2023 Total ftjnds 2022 UK 2023 Ov5eas 2023 Listed investment5 2.303.7SO .8 1873,646 2,935,127 Total 2022 2.381,342 553.785 2.935.127 The follo9 inve51ments represenbj nM>re than 5% of the market walue of the p)rtfolio al S Apr 2023.. Murray Inlemational B HhCrOtt Investmgnts JPMorgan American Investment Trust 11.250 19,0 24.OCKI 5p Ord Shares 25p Ord Shares 5p Ord Shares 150,975 169.100 167,750 Page 14
EDEM bMLDUFE TRUST (A company limited by NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 5 APRIL 2023 The cost of rnnls irNested aTrJ the aThUnts hebj in dep1 accounts were a5 follows.. 2023 2022 Stock rnthet investments Cash at bank 273.646 123.525 1,704.899 127.284 2.997.171 1,832.183 10. Crfjdltors: Amounts falling due within on? y•ar 2023 2022 othor Creditors 6.834 5.754 Page 15
EDEN WILDLIFE TRUST (A company Ilmiled by guarnnt••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 11. Statement of funds Statffi)ent of funds- current year Balanc• at 6 Aprll 2022 Transfews inlout Galnsl Balance at 5 IL055esl Aprll 2023 Inc•)me Expenditure Unrestrlcted funds Genaral Funds- all fvnds 125,184 {126.3471 1.183 Endowment funds Origirbal Fund Revalualion Reserve 1.848.884 8,061 1,85S,762 1.321M58 1112.714) 1.209.144 3.170.742 1104,653) 3,064,906 Total ol funds 3.170.742 12S.164 1126.347) 1104,653) 3.064.906 Page 16
EDEN LDUFE TRUST IA company limlt•d by guarantMI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 11. Statement of funds Icontinugd) Slatffiient olfunds- prioryear Balance at 6 April 2021 Transfers out Gainsl Balance at (Losses) 5 April 2022 IncLNne ExpeTh*ture General Funds 119.287 (119.8191 532 funds Original Fd Revaluation Reserve 1.824.184 (532) 25,232 1,848.884 .596 353,262 1,321,858 2.792.780 1532) 378,494 3,170.742 Total of funds 2.792.780 119.287 (119.819) 378,494 3,170,742 12. Summary of fvnds Summary of funds- curr•nl year Balance at 6 April 2022 Transfers inlout Gainsl Balance at S (Losses) Aprll 2023 Income Expendilure General Er¢)ment funds 125,164 (126,3471 1,183 3,170,742 11.183) 1104.6531 3,064, 3,170.742 125.164 (126,347) 1104.6531 3.064.9D6 Page 17
EDEN MLDUFE TRUST IA cofflpa Ilmited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 12. summary of fund$ {continued Summary of lunds - prlor year Baknce at 6 2021 Inc(#)18 Exwdi Transfers inlout Gainsl Balance at {Lossesl 5 April 2022 General furKIs End¢>Inent funds 119.287 {119.819) 2,792.780 {532) 378,494 3.170.742 2,792.780 119.287 (119.819) 378.494 3,170.742 13. Anatysls of not assets b•lw••n funds Analysis of net as$ets between fvnds- ygar End0ent funds 2023 Total funds 2023 Fixed asset inves1nts CUTht assets 2.873,646 198.094 {6.834) 2.873,646 198,094 16,8341 Crgdith due wrthin y Tolal 3.064.9C6 3,064,906 Analysls of not assats b•twttn funds . prw ymr Endowment funds 2022 Total funds 2022 Fixe(l asset investments Current assets Creditors due within 2,935,127 241,369 {5,754) 2.93S.127 241,369 (5.7541 Total 3.170.742 3,170,742 Page 18
EDEN WILDUFE TRUST (A company Ilmlted by guarante8) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2023 14. R¢¢onciliation of net movement in fvnds lo nol cash Ilow from opw•ting athities 2023 2022 inctsnelexpenditure for the yew {as pw Sialemenl of Financial ActiVleS} {105.836> 377.962 Adlustments for". Losses I (Gains) on investrnents Dividends, interest and rents from in¥estm8nts Increase in creditors 104.653 (125.1641 1.080 1378.4941 1119.2871 624 Net ¢ash used in operating adiviligs {125.267) 1119.1951 IS. An•ly$is of cash and ¢ash equivalents 2023 2022 Cash al bank and in hand 198,094 241.369 Total cash and cash •qulvalènts 198,094 241.369 16. Analy$¢ of ¢h•nges in net debt At 6 April 2022 C•sh flows At S April 2023 Cash at bk aThl in hand 241.369 143.2751 198,094 241.369 143.2751 198.094 17. Related party transaclions There were no transactions V*ith related parties from administratsn Costs disch)sed in note 8. Page 19
EDEM MLDUFE TRUST (A company limited by guaTrntee) NOTES TO THE FINANCiAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023 18. Taxatlon HM Revenue & Customs has accepted Trust as a charty wilhin the definilK)n of Part 11 Corporation Tax Act 2010 with the sum that the exenytions afforded by Part 11 are available lo the extent that oMe arKI gnS we apFAicable appl to chaitable purposes onty. It is consijered thal all income and gains of Ihe Trust are applicable and appl to charitable purposes only and on thi% basis. no pr1)n fer ta( has been m•Ye. 19. Share capital The company has no tho[led share wital as the Ik*ihty ot members is limited by guarantee lo the extenl of £10 each. Trust•0 ifbsuranc• Charity has paKI for the purchase of insurance lo protect it from losses sIng from the negl1 of its Trustees and lo indemnify the Trustees ajainst thg nSeqUenceS of any negl1 or defaurt, except rimmal mattefs on thw"r pwt. Page 20
EDEN WILDUFE TRUST (A company limlted by guarant•e) INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED S APRIL 2023 2023 2023 2022 2022 Total Income 125,164 119,287 12S,164 119.287 Net {losses) I gains on investmffits 1104.653) 378,494 1104,6531 378,494 20.511 497,781 Fundlng provkled for oth•1 ovganlsatlons Sheldrick Wildlrfe Trust Mt Kenya Trust Anne Tar Mara Bomas Elephant Aware Tsavo- Sand dams Bongo SuwllarK Mara Elephant Project A Rocha Dakatch WotsJland$ 01 Pelia Emergency SLWPOrt 25.000 22,000 22.5CiI 20.0 12.51x1 22.0(X) 10.01)0 5.0 17.OtM) 18.01)0 107.500 103.000 Investment managem•nt and governance costs Investrnenl mana9emenl fees Accountancy Other Trustee irbsurance 12.977 4.134 279 457 11.701 257 457 Travel 18.847 16.819 Total •xpendtture Nel Income for the reporting ptriod 126.347 119.819 1105M36) 377,%2 Page 21