Company Registration Number: 3302520 Charity Registration Number: 1060811
EDEN WILDLIFE TRUST (A company limited by guarantee)
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
EDEN WILDLIFE TRUST
(A company limited by guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details ofthe charity, its Trustees and advisers | 1-2 |
| Trustees’ report | 3-6 |
| Independentexaminer's report | 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Statement ofcash flows | 10 |
| Notestothefinancialstatements | 11-19 |
EDEN WILDLIFE TRUST
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025
Trustees
Mr P J Beeson, Chairman Mrs A J Hague Mr D E Higdon Mr M Eden Ms L Hague
Company Registration Number
3302520
Charity Registration Number
1060811
Registered Office
Greenham Business Park 2 Communications Road Newbury Berkshire RG19 6AB
Address
Greenham Business Park 2 Communications Road Newbury Berkshire RG19 6AB
Secretary
Mr D E Higdon
Chief Executive Officer
Mr P J Beeson
Accountants
James Cowper Kreston Greenham Business Park 2 Communications Road Newbury Berkshire RG19 6AB
Bankers
Barclays Bank Plc 90-93 Broad Street Reading Berkshire RG1 2AP
Page 1
EDEN WILDLIFE TRUST
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED5 APRIL 2025
Solicitors
Morr & Co LLP Flagship House Reading Road North Fleet GU51 4WP
Investment Advisers
Charles Stanley & Co Limited Willow Court Minns Business Park 7 West Way Botley, Oxfordshire OX2 0JB
Insurance Brokers
WRS Insurance Brokers Cadman House Maurice Way Stanway Colchester CO3 OBA
Trustees for the Charity (Nominee holding Charity's Investments)
Rock Nominees Limited Willow Court Minns Business Park 7 West Way Botley, Oxfordshire OX2 0JB
Page 2
EDEN WILDLIFE TRUST (A company limited by guarantee)
TRUSTEES’ REPORT FOR THE YEAR ENDED 5 APRIL 2025
The Board presents its report with the financial statements of the company for the year ended 5 April 2025.
HISTORY
The company was incorporated on 15 January 1997 in order to acquire the assets and to continue more effectively and efficiently the objectives of a Trust established by the late Ruth Eden on 15 March 1979 and known as Eden Wildlife Trust, whereby she settled funds on Trustees to be held or expended on charitable objectives. The company commenced its operational role on 6 April 1997.
The charitable objectives are the promotion of education concerning wild animals and their environment and the promotion of the moral welfare of the community at large by the amelioration of the condition of wild animals suffering cruelty or distress.
The Memorandum gives the Trustees absolute discretion in the investment of funds.
The Trustees have power to apply both income and capital in the furtherance of Trust objects.
PRINCIPAL ACTIVITIES
The principal activity of the company for the year ended 5 April 2025 was that of a charity.
BOARD OF TRUSTEES
The Trustees, all of whom were Directors during the year under review were:
Mr P J Beeson Mrs A J Hague Mr D E Higdon Mr M Eden Ms L Hague
A number of Trustees are also Members of the Company.
APPOINTMENT OF TRUSTEES
The company's Memorandum of Association contains the steps required for the appointment and retirement of Trustees. Copies of the company's Memorandum are available from the company’s Registered Office.
PUBLIC BENEFIT
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives of Eden Wildlife Trust and in planning future activities and setting policies for the future.
Page 3
EDEN WILDLIFE TRUST
{A company limited by guarantee)
TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
ANNUAL REVIEW
In accordance with the wishes and interest of the settler of the original Trust, the main activities of the Trust are directed to education concerning wild animats and to the conservation of wildlife, both in Kenya. The Board have ensured that the operations of the Trust during the year have been directed to the need to provide public benefit.
Historically many of our projects were requested directly by the Kenya Wildlife Service. However, more recently we have been working with other NGOs by providing funds for local projects. We no longer work directly with Kenya Wildlife Service. Monies are held for environmental support and direct requests for emergency support.
An annual budget for projects in Kenya was set by the Trustees. Projects are funded directly to NGOs from our UK bank account. No monies are held for local distribution in Kenya.
In the year under review, the Trustees continued to pursue general objectives in continuation of those in previous years. The Trust concentrates, in most part, on providing funds to assist ranger teams or supporting projects that assist the local communities. Often these projects do not receive significant other funding from the larger international charities,
During the year we were able to utilise our Environmental and Emergency funding which included flooding relief assistance within a conservancy. It is pleasing to report that alt of the projects have been successfully funded.
RESERVES POLICY
As a matter of policy, the Trustees will seek to maintain the value of the Expendable Endowment Fund. The Trustees are watchful that the basic capital assets represented by the Expendable Endowment Fund are able to support expenditure in excess of income taking one year with another and where essential are still prepared to spend money in excess of income.
KEY MANAGEMENT PERSONNEL REMUNERATION
The trustees consider that the Board of Trustees comprise the key management personnel of the charity in charge of directing and controlling the charity's activities and operating the charity on a day to day basis. All Trustees give their time freely and no Trustee remuneration was paid during the year.
STATEMENT OF FINANCIAL ACTIVITIES
Investment income for the year was £125,683 (£124,537 - 2024). Donation income for the year was £200 {Enil - 2024). Total resources expended of £135,689 (£124,531 - 2024) including direct charitable expenditure of £118,500 (£107,500 — 2024). Expenditure exceeded income by £9,806 (income exceeded expenditure by £6 - 2024). As noted under Reserves Policy the Trustees are prepared to spend money in excess of income, which proved the case again this year.
INVESTMENTS
The Trustees investment policy is to maintain a balance between capital growth and income.
The Trust's stock market investments were valued at £2,891,479 at 5 April 2025 (£2,836 323 - 2024). The Trustees are still mindful of the world's economic and political problems and the effect they continue to have on our on-going project support and our dividend income stream.
Page 4
EDEN WILDLIFE TRUST (A company limited by guarantee)
TRUSTEES‘ REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES
The excess of net expenditure for the year of £9,806 (surplus of £6 - 2024) was reduced by realised investment gains of £35,259 (£115,148 - 2024) and unrealised gains of £2,191 (loss £188,614 - 2024).
ACCOUNTS
The accounts on pages 8 to 19, comply with current statutory requirements and the charity's governing documents and the Charities SORP (FRS 102).
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financtal statements, the Trustees are required to:
-
° select suitable accounting policies and then apply them consistently:
-
° observe the methods and principles of the Charities SORP (FRS 102);
-
° make judgments and accounting estimates that are reasonable and prudent;
-
e prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and 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 Companies Act 2006. 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.
Page 5
26 November 2025
2 December 2025
EDEN WILDLIFE TRUST {A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 5 APRIL 2025
| Expendable | |||||
|---|---|---|---|---|---|
| endowment | Unrestricted | Total | Total | ||
| funds | funds | funds | funds | ||
| 2025 | 2025 | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| Income from: | |||||
| Donations | 3 | - | 200 | 200 | - |
| Investments | 4 | - | 125,683 | 125,683 | 124,537 |
| Total income | - | 125,883 | 125,883 | 124,537 | |
| Expenditure on: | |||||
| Raising funds: | |||||
| Investment management | 6 | - | 12,532 | 12,532 | 12,186 |
| Charitable activities: | |||||
| Governance | 7 | - | 4,657 | 4,657 | 4,845 |
| Charitable activities | 5 | - | 118,500 | 118,500 | 107,500 |
| Total expenditure | - | 135,689 | 135,689 | 124,531 | |
| Net gains/(losses) on investments | 37,450 | : | 37,450 | (73,466) | |
| Net income before transfers | 37,450 | (9,806) | 27,644 | (73,460) | |
| Transfers between funds | 12 | (9,806) | 9,806 | - | - |
| Reconciliation offunds: | |||||
| Total funds brought forward | 2,991,446 | - | 2,991,446 | 3,064,906 | |
| Netmovement in funds | 27,644 | - | 27,644 | (73,460) | |
| Totalfundscarriedforward | 3,019,090 | - | 3,019,090 | 2,991,446 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 to 20 form part of these financial statements.
Page 8
26 November 2025
EDEN WILOLIFE TRUST
(A company limited by guarantee)
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED5 APRIL 2025
==> picture [477 x 267] intentionally omitted <==
----- Start of picture text -----
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|Note|£|£|
|Cash|flows|from|operating|activities|
|Net|cash|used|in|operating|activities|15|(135,489)|(124,531)|
|Cash|flows|from|investing|activities|
|Dividends,|interests|and|rents|from|investments|125,683|124,537|
|Proceeds|from|sale|of|investments|95,810|314,108|
|Purchase|of|investments|(113,516)|(350,251)|
|Net|cash|provided|by|investing|activities|107,977|88,394|
|Change|in|cash|and|cash|equivalents|in|the|year|(27,512)|(36,137)|
|Cash|and|cash|equivalents|at|the|beginning|of the|year|161,957|198,094|
|Cash and|cash|equivalents|at the end|of the year|16|134,445|161,957|
|The|notes|on|pages|11|to|19|form|part|of these|financial|statements|
----- End of picture text -----
Page 10
EDEN WILDLIFE TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charittles SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicabie in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Eden Wildlife Trust meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
- 1.2 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.3 Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation resulting from a past event, that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
- 1.4 Income
Dividends are included within the financial statements when they are paid. Bank and other deposit interest is shown gross whilst income from stock market investments is shown net. Bank deposit interest is included within the financial statements when it is earned.
1.5 Foreign balances
Balances denominated in foreign currencies are converted at the rate ruling at the date of the balance sheet.
- 1.6 Investments
Stocks and shares are included at their fair value at the year end using the closing quoted market price. The movement in the Statement of Financial Activities comprises both realised and unrealised gains and losses.
1.7 Charitable expenditure
Charitable expenditure is accounted for on an accruals basis.
Z. Judgments and estimates
The preparation of the financial statements requires the charity to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities at the balance sheet date and the amounts reported for income and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. There were no judgments or estimates that have had a significant effect on amounts recognised in the financial statements.
Page 11
EDEN WILDLIFE TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
3. Income from donations and legacies
| Unrestricted funds |
Total funds |
Total funds |
|
|---|---|---|---|
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Donations | 200 | 200 | - |
| Total 2024 | - | F: | |
| Investment income | |||
| Unrestricted funds |
Total funds |
Total funds |
|
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Stock market investments | 124,448 | 124,448 | 122,125 |
| Bank and other deposit interest | 1,235 | 1,235 | 2,412 |
| 125,683 | 125,683 | 124,537 | |
| Total2024 | 124,537 | 124,537 |
4. Investment income
The 2024 comparative note includes an adjustment to reclassify £2,412 of bank interest investments income from stock market investment. The adjustment has reduced the 2024 comparative stock market investments figure from £124,537 to £122,125 and increased bank interest from £nil to £2,412. Overall, there is no change to the total investment income figure for the comparative year, which remains £124,537.
5. Cost of activities in furtherance of the charity's objectives
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Wildlife | expenses | 118,500 | 107,500 |
| 118,500 | 107,500 |
Wildlife expenses relate to wildlife conservation and educational projects in Kenya. All expenditure for both 2024 and 2025 was from unrestricted funds.
Page 12
EDEN WILDLIFE TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
6. Investment management costs
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Investment management costs | 12,532 | 12,532 | 12,186 |
| Total 2024 | 12,186 | 12,186 | |
| Governance costs | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Accountancy | 4,062 | 3,954 | |
| Other | 329 | 422 | |
| Insurance | 266 | 469 | |
| 4,657 | 4,845 |
7. Governance costs
a. Transfer between funds
The transfers to expendable endowment funds from unrestricted funds of £9,806 (2024: £6 represent the excess net income) represent the excess net expenditure for the year.
9, Key Management Personnel
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
Trust administration costs of £300 (2024: £300) for professional services were reimbursed to Mr D E Higdon, a Trustee, during the year. Mr M Eden, a Trustee, was reimbursed £31 (2024: £24) in respect of contribution for travel expenses. No other Trustees received any expenses.
Page 13
EDEN WILDLIFE TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED5 APRIL 2025
10. Fixed asset investments
| Listed | |
|---|---|
| securities | |
| £ | |
| Cost or valuation | |
| At 6 April 2024 | 2,836,323 |
| Additions | 113,516 |
| Disposals | (95,810) |
| Realised gains | 35,259 |
| Unrealised gains | 2,191 |
| At 5 April 2025 | 2,891,479 |
| Net book value | |
| At 5 April 2025 | 2,891,479 |
| At5April2024 | 2,836,323 |
investments at market value comprise:
| Total | Total | |||
|---|---|---|---|---|
| UK | Overseas | funds | funds | |
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Listed investments | 1,941,644 | 949,835 | 2,891,479 | 2,836,323 |
| Total2024 | 2,014,928 | 821,395 | 2,836,323 |
The following investments represented more than 5% of the market vaiue of the portfolio at 5 April 2025:
JPMorgan American Investment Trust
24,000 5p Ord Shares 216,720
Page 14
EDEN WILDLIFE TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
The cost of amounts invested and the amounts held in bank deposit accounts were as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Stock market investments | 2,891,478 | 2,836,323 | |
| Cash at bank | 46,279 | 77,491 | |
| 2,937,757 | 2,913,814 | ||
| 11. | Creditors: Amountsfalling due within oneyear | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Othercreditors | 6,834 | 6,834 |
Page 15
EDEN WILDLIFE TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
12. Statement of funds
Statement of funds - current year
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----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Balance|at|6|Transfers|Gains/|Balance|at|5|
|April|2024|Income|Expenditure|in/out|(Losses)|April|2025|
|£|£|£|£|£|£|
|Unrestricted|
|funds|
|General|Funds|-|
|all|funds|-|125,883|(135,689)|9,806|-|-|
|Endowment|
|funds|
|Original|Fund|1,970,916|-|°|(9,806)|35,259|1,996,369|
|Revaiuation|
|Reserve|1,020,530|-|-|-|2,191|1,022,721|
|2,991,446|-|-|(9,806)|37,450|3,019,090|
|Total|of funds|2,991,446|125,883|(135,689)|-|37,450|3,019,090|
|Statement|of funds|-|prior year|
|Balance|at|Transfers|Gains/|—|Balance|at|
|6|April|2023|Income|Expenditure|in/out|(Losses)|5|April|2024|
|£|£|£|£|£|£|
|General|Funds|-|
|all|funds|:|124,537|(124,531)|(6)|-|-|
|Endowment|
|funds|
|Original|Fund|1,855,762|-|-|6|115,148|4,970,916|
|Revaluation|
|Reserve|1,209,144|-|-|-|(188,614)|1,020,530|
|3,064,906|-|-|6|(73,466)|2,991,446|
|Total|of funds|3,064,906|124,537|(124,531)|-|(73,466)|2,991,446|
----- End of picture text -----
Page 16
EDEN WILDLIFE TRUST {A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
13. Summary of funds
Summary of funds - current year
| Balance at6 | Transfers | Gains/ | Balance at 5 | |||
|---|---|---|---|---|---|---|
| April 2024 | Income | Expenditure | in/out | (Losses) | April 2025 | |
| £ | £ | £ | £ | £ | £ | |
| General funds | - | 125,883 | (135,689) | 9,806 | - | . |
| Endowment | ||||||
| funds | 2,991,446 | - | - | (9,806) | 37,450 | 3,019,090 |
| 2,991,446 | 125,883 | (135,689) | - | 37,450 | 3,019,090 | |
| Summary offunds - prioryear | ||||||
| Balance at | Transfers | Gains/ | _—_Balance at | |||
| 6 April 2023 | Income | Expenditure | in/out | (Losses) | 5 April 2024 | |
| £ | £ | £ | £ | £ | £ | |
| General funds | - | 124,537 | (124,531) | (6) | - | - |
| Endowment | ||||||
| funds | 3,064,906 | - | - | 6 | (73,466) | 2,991,446 |
| 3,064,906 | 124,537 | (124,531) | - | (73,466) | 2,991,446 | |
| Analysis of net | assets between | funds | ||||
| Analysis of net | assets between | funds -currentyear | ||||
| Endowment | Total | |||||
| funds | funds | |||||
| 2025 | 2025 | |||||
| £ | £ | |||||
| Fixed asset investments | 2,891,479 | 2,891,479 | ||||
| Current assets | 134,445 | 134,445 | ||||
| Creditors due within one year | (6,834) | (6,834) | ||||
| Total | 3,019,090 | 3,019,090 |
14. Analysis of net assets between funds
Page 17
EDEN WILDLIFE TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
14. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
| Endowment | Total | |
|---|---|---|
| funds | funds | |
| 2024 | 2024 | |
| £ | £ | |
| Fixed asset investments | 2,836,323 | 2,836,323 |
| Current assets | 161,957 | 161,957 |
| Creditors due within one year | (6,834) | (6,834) |
| Total | 2,991,446 | 2,991,446 |
15. Reconciliation of net movement in funds to net cash flow from operating activities
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Net income/expenditure Activities) |
for the year | (as per Statement | of | Financial | 27,644 | (73,460) |
| Adjustments for: | ||||||
| (Gain)/loss on investments | (37,450) | 73,466 | ||||
| Dividends, interest and rents from investments | (125,683) | (124,537) | ||||
| Netcashusedinoperatingactivities | (135,489) | (124,531) |
| 16. | Analysis ofcash and cash equivalents | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Cash at bank and in hand | 134,445 | 161,957 | ||
| 17. | Analysis ofchanges in net debt | |||
| At 6 April | At 5 April | |||
| 2024 | Cash flows | 2025 | ||
| £ | £ | £ | ||
| Cash at bank and in hand | 161,957 | (27,512) | 134,445 | |
| 161,957 | (27,512) | 134,445 |
Page 18
EDEN WILDLIFE TRUST (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
18. Related party transactions
There were no transactions with related parties apart from administration costs disclosed in note 8.
19. Taxation
HM Revenue & Customs has accepted the Trust as a charity within the definition of Part 11 Corporation Tax Act 2010 with the result that the exemptions afforded by Part 11 are available to the extent that income and gains are applicable and applied to charitable purposes only.
It is considered that all income and gains of the Trust are applicable and applied to charitable purposes only and on this basis, no provision for taxation has been made.
20. Share capital
The company has no authorised share capital as the liability of members is limited by guarantee to the extent of £10 each.
21. Trustee insurance
The Charity has paid for the purchase of insurance to protect it from losses arising from the neglect of its Trustees and to indemnify the Trustees against the consequences of any neglect or default, except criminal matters on their part.
Page 19