# **Registered number: 03470186 Charity number: 1069800**
**THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantee)**
**UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2021**
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Trustees' report**|1 - 4|
|**Independent**
**report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Statement of Cash Flows**|8|
|**Notes to the financial statements**|9-16|
## **THE LEWA WILDLIFE CONSERVANCY UK**
**(A company limited by guarantee)**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
The Trustees, who are also directors of the Charity for the purposes of the Companies Act, submit their annual report and the financial statements of The Lewa Wildlife Conservancy UK (the Charity) for the year ended 31 December 2021. The Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice - 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.)
## **OBJECTIVES AND ACTIVITIES**
## **Objectives**
The Charitable objects of the Charity, as set out in detail in its Memorandum of Association, are:
1. to promote, for the benefit of the public, the preservation and protection of endangered wildlife species, and in particular but without prejudice to the foregoing, species of rhinoceros living within the Lewa Wildlife Conservancy in Kenya and;
2. to promote the preservation and protection of the habitat of such animals through the education of those local to and living with endangered species in sympathetic land use.
## **Activities**
The Charity meets these objectives principally by raising funds with which to provide grants and other support to The Lewa Wildlife Conservancy Kenya (Lewa Kenya) and its local partners to pursue its projects in the areas of education, community and healthcare, security and anti-poaching as well as wildlife conservation.
Lewa Kenya is supported by funds raised by separate Lewa international entities legally established in nonKenyan countries including the Lewa Conservancy UK (Lewa UK). The International Executive Committee comprising the trustees of these Lewa entities is pursuing, through a global fundraising team, a period of intensive growth in order to n 2018-2022, which aims to increase funding for its impactful work with communities and wildlife.
To maximise the effectiveness of this team, several Lewa international team members are based in the UK. This team is funded in part by The Lewa Wildlife Conservancy USA (Lewa USA) through a Service Reimbursement Agreement with Lewa UK in recognition of Lewa UK providing services to meet the charitable objects of Lewa Kenya and its related entities.
## **Public Benefit**
When reviewing the C aims and objectives, in planning future activities, the trustees confirm that they have referred to the guidance contained in the Charity Commissio benefit, and the duties set out in Section 17(5) of the Charities Act 2011, including the g ic Benefit: Running a
## **Volunteers**
There was less involvement by volunteers in 2021 but the charity is grateful for the effort of those who are involved in the execution of its events or in undertaking administrative tasks at busy times.
## **ACHIEVEMENTS AND PERFORMANCE**
The trustees continued to support the preservation and protection of endangered species in line with the principle activities set out above. Despite the uncertainties caused by the continuing Covid-19 pandemic a number of specific appeals were well supported by donors and a successful fundraising dinner in association with Borana Conservation Trust was held in November 2021. Consequently, income, and therefore the amount of funds available to be sent to Lewa Kenya, was higher than in the previous financial year. The UK staff are a fully integrated part of the international fundraising team, which annually generates funds of over $6.5m of which nearly $5M passes through a Lewa international entity, with the balance going directly to LWC Kenya.
- 1 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **T FOR THE YEAR ENDED 31 DECEMBER 2021**
## **FINANCIAL REVIEW**
## **Review of the Year**
Thanks to the £105,163 generated by the fundraising dinner and a 13% increase in donations, income rose to £551,779 in 2021. The cost of the dinner caused the costs of raising funds to increase but other non-grant expenditure was held at a level a little below that of 2020. Consequently net income available for grants to Kenya rose to £308,006 of which £300,295 was awarded. At 31 December 2021 the balance of unused restricted funds was £33,261 and this amount was awarded as grants in 2022. Unrestricted funds at 31 December 2021 were £136,880.
## **Reserves policy**
The Trustees recognise the major risk is a fall in income from donations and have set a policy that there are unrestricted funds available to cover six months of future non-grant cash outflows. This currently amounts to between £125,000 and £140,000, an amount in line with unrestricted funds (£136,880) at 31 December 2021.
## **Going concern**
The Trustees are of the opinion that the assets and reserves of the Charity, in the light of its committed income, expenditures and cash flows, are adequate to support its on-going activities and obligations. The trustees consider the impact of the Covid-19 pandemic to be short term rather than affecting the charity's ability to continue as a going concern.
## **Principal funding**
The principle funder of the charity s charitable activities is Lewa Conservancy USA. For other income it relies upon a broad base of institutional donors and loyal individuals who support the Charity through regular donations, support in response to formal proposals and activities related to its fundraising events.
## **Investment policy and objectives**
The Charity has no long term investments. If there are funds being held pending decisions on how they will be used, the Trustees will place them in short term bank deposit accounts seeking to achieve as competitive an interest rate as possible in the context of the principal objective being to maintain accessibility of the funds, in order that they may be used as soon as possible for appropriate and effective charitable purposes.
## **Principal risks and uncertainties**
The principal risks faced by the Charity lie in the operational risks of its ability to obtain donations from its fundraising activities and thereby in the provision of effective funding to The Lewa Wildlife Conservancy Kenya.
## **Plans & strategies for managing the risks**
The Trustees risk management policy comprises:
- a) an annual review of the principal risks and uncertainties;
- b) the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and
- c) the implementation of procedures designed to minimise or manage any potential impact on the Charity should those risks arise.
## **Plans for the future**
Despite the uncertainty created by the Covid-19 pandemic and the uncertainties caused by other international events, the charity seeks to maintain its current UK donor base and to expand it particularly in Europe, the Middle East and Asia. The UK charity will continue to pay a major role in developing relationships with donors on a global basis which will enhance not only UK performance but also the income generated in Lewa USA and of grants sent directly to Lewa Kenya, all of which will maintain and expand the local charitable activities in Kenya as identified in the Strategic Plan.
- 2 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **T FOR THE YEAR ENDED 31 DECEMBER 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
The Charity is governed by its Memorandum of Association dated 1 November 1997, amended by special resolution dated 6 May 1998, and is constituted as a charitable company limited by guarantee, incorporated on 24 November 1997. It is a registered charity, number 1069800. In the event of the Charity being wound up, the liability of each member in respect of the guarantee is limited to £10.
## **Method of Appointment and Induction of Trustees**
Trustees are elected and co-opted under the terms of the Articles of Association. When seeking a new Trustee, the existing Trustees would look to appoint someone who was already familiar with the work of the Charity and/or active in the field of conservation. Once appointed the Trustees would mentor the new Trustee and encourage him/her to attend Trustee meetings regularly where possible and familiarise themselves with the objectives of the Charity. Each Trustee is advised of the policies and procedures of the Charity.
## **Related parties and relationships with other organisations**
In addition to the Charity there are two other separate legal entities, in the USA and Canada, which meet their charitable purposes by supporting the charitable activities of The Lewa Wildlife Conservancy Kenya. An International Executive Committee, comprising the chairs of the boards of the Lewa entities in each of the UK, USA and Canada, together with the Chair of the Board and the Chief Executive Officer of The Lewa Wildlife Conservancy Kenya, meet biannually to monitor and review the Lewa strategic plan. The activities of the three supporting entities in the UK, USA and Canada, which are identified to deliver their element of the plan, are delegated to, and coordinated by, the International Executive Director who is employed by The Lewa Wildlife Conservancy UK.
Financial transactions with related parties are described in note 15 to the financial statements.
## **Remuneration policy for key management personnel**
The International Executive Committee reviews and recommends annually key management personnel pay and remuneration. The recommendations are ratified by the Trustees of the entity which employs the relevant management person. In coming to decisions the Trustees take into account the aims and values of the Charity, the strategic plan and the ability to pay, individual competencies and performance, remuneration levels at similar charities, and retention. These factors are not exclusive and any decision will inevitably include an element of discretion.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
|Trustees|J F Dryer|Chair|
|---|---|---|
||K A Crook||
||D Hillyard||
||P E Mulholland||
||K Radhakrishnan|Company Secretary|
||S Rupani||
||F L R Sanders||
||F Sanderson||
|Trustee Emeritus|D J Walker||
|International Executive Director|G. Domberger||
|Company registered number|03470186||
|Charity registered number|1069800||
|Registered office|75 Maygrove Road, West Hampstead,London NW6 2EG||
|Independent Examiner|Anthony Epton, 75 Maygrove Road, West Hampstead,London NW6 2EG||
- 3 -
THE LEWA WILDLIFE CONSERVANCY UK
(A company limlted by guaranteè)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Ttustees {who are also direetors of The Lewa Wildlife Conservancy UK for the purpose5 of company law)
are responsible for preparing the Trustees, report and the financial slalemenls in accordance with applicable
law and United KingLtom Ae¢ounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company and charrty law requires the Trustees to prepare financial statements for each financial year which
give a true and fair view of the state of affair$ ol the charitable company and of the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that period. In
prepanng these fi'nancial statemenls, the Trustee$ are required lo..
select suitable accounting policies and then apply them consistently
observe the methods and principles in the Charities SORP
make judgments and estimates that are reasonable and prudent
stale whether applicable UK Accounting Standards and the Charities SORP have been followed,
subject to any material departures disclosed and explained in the financial statements
prepare the financial statements on the going concern basis unless rt is inappropriate to presumé that
the charilable company will continue in operation.
The Trustees are responsible for keeping proper aceounling records that disclose with reasonable accuracy at
any time the financial position of the charitab18 company and enable them to ensur& that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The Trustees a responsible for the maintenance and inlegrty of the charrty and financial information
included on the chartty's website. Legislation in the United Kingdom governing the preparation and
dissemination of financial statements may drffer from legislation in other jurisdictions. They are also
responsible for ensuring all personal and other sensitive data of donors. funders, partners and staff is
maintained 818 level compliant with the requirements of the General Data Protection Regulation and Data
Protection Act 2018.
ststoment as to disclosure to our Independgnt Examln8r
In so far as the trustees are aware..
There is no relevant infornation of which the charitable company's independent examiner is unaware,.
and
The Iruslees have taken all steps that they ought lo have laken lo make themselves aware of any
relevant information and lo establish that the independent examiner is aw8re of that infomialion.
This reporl has been prepared in accordance with the Statement of Recommended Pr8Ctice - Accounting and
Reporting by Charities- Slatemgnl of Recommended Practice applicable to ¢harities preparing ther accoL+nls
in accordance wi(h the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)
and with the provisions of the Companies Act 2006 and of FRS 102 relating to small companies.
This report was approved by the Trustees on 30 June 2022 and signed on their behalf, by
. F. Dryer.-
rustee
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **INDEPENDENT REPORT TO THE TRUSTEES OF THE LEWA CONSERVANCY UK**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021, which are set out on pages 6 to 16.
## **Responsibilities and basis of report**
poses of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of y carried out under section 145 of the he Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examin**
Since the d £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 Institute of Chartered Accountants in England and Wales 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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (Charities SORP (FRS 102)).
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 accounts to be reached.
Anthony Epton BA, FCA, CTA, FCIE Fellow of the Institute of Chartered Accountants in England and Wales Goldwins Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG
12/07/2022 Date: .............................................
- 5 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (incorporating income and expenditure account) FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Note**
**INCOME FROM:**
Donations
3
Charitable Activities
4
Other trading activities
5
**Total Income**
**EXPENDITURE ON:**
Raising Funds
6
Charitable activities:
7
**Total Expenditure**
**NET INCOME / (EXPENDITURE)**
10
**Transfer between Funds**
_
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2021**
**2021**
**£**
**£**
**171,220**
**103,799**
-
**169,000**
-
**107,760**
**__________**
**__________**
**171,220**
**380,559**
**__________**
**__________**
-
**51,417**
**183,350**
**309,301**
**__________**
**__________**
**183,350**
**360,718**
**__________**
**__________**
**(12,130) 19,841**
-
-
_________
**__________ _ **
**(12,130) 19,841**
**_________________**
**_________________**
**45,391**
**117,039**
**__________**
**__________**
**33,261**
**136,880**
|**Total**
**Funds**
**2021**
**£**
**275,019**
**169,000**
**107,760**
**__________**
**551,779**
**__________**
**51,417**
**492,651**
**__________**
**544,068**
**__________**
**7,711**
-
**_________**
**7,711**
**_________________**
**162,430**
**__________**
**170,141**
|_Total_
_Funds_
_2020_
_£_
_242,902_
_167,750_
_2,000_
__________
_412,652_
__________
_36,995_
_418,713_
__________
_455,708_
__________
_(43,056)_
_-_
__________
_(43,056)_
___________________
_205,486_
__________
_162,430_
|
|---|---|---|---|
The detailed 2020 comparative statement of financial activities is reported in note 2.
The notes on pages 9 to 16 form part of these financial statements.
- 6 -
THE LEWA WILDLIFE CONSERVANCY UK
(A company Ilmit8d by guarantoe)
BALANCE SHE
AS AT 31 DECENIBER 2021
COMPANY NUMBER 03470186
2021
2020
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
77,530
196,974
52,526
135,665
274.504
188,191
LIABILITIES
Creditors: amounts falling due within one year 13
104.383
25,761
NET CURRENT ASSETS
170.141
162.430
TOTAL NET ASSETS
170,141
162,430
FUNOS
ReStrted funds
33.261
45.391
Unrestricted funds
14
136.880
117,039
TOTAL FUNDS
170,141
162.430
The Trustees ¢orssider that the company is entitled lo exemption from the requirement to have an audit under
the provisions of section 477 of the Companies Act 20C6 I'the Act") and members have not required the
company lo obtain an audit for the year in question in accordance with section 476 of the Act. The Trus18es
acknowledge their responsibilities for ensuring that the company keeps accounting COrdS which compty WTth
section 386 of the Act and for preparing financial slalements which give a true and fair view of the stste of
affairs of the company as al 31 December 2021 and of ils profil or loss for the year then ended in accordan
with the requirements of sections 394 and 395 of the Act and which othewise comply with the requirements of
the Companies Act 201% relating to the financial stslements so far as applicabl8 lo the company.
The financial statements have been prepared in accordan with the special provisions relating lo companies
subject to the small companies regime within part 15 of the Compan$ Act 2006.
The financial statements were approved by the Trustees on 30 June 2022 and signed on their behalf by..
JF Dryer
The notes on pages g to 16 form part of these financial statements
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Note**
**2021**
£
**Net cash provided by/(used in) Operating Activities (see below)**
**61,309**
**Change in cash and cash equivalents in the year**
**61,309**
Cash and Cash Equivalents at the beginning of the year
**135,665**
**Total Cash and Cash Equivalents at the end of the Year**
**196,974**
**Reconciliation of net income/expenditure to net cash flow from operating activities**
**2021**
£
Net income/(expenditure) for the year (as per the statement of
financial activities)
**7,711**
Adjustments for
Depreciation
**-**
Decrease (Increase) in debtors
**(25,004)**
Increase (Decrease) in creditors due within one year
**78,602**
**Net cash provided by/(used in) Operating Activities**
**61,309**
**Analysis of cash and cash equivalents**
At 1
January
2021
Cash
flows
£
£
Bank current account and cash in hand
**135,665**
61,309
**Total cash and cash equivalents**
**135,665**
**61,309**|_2020_
_£_
_(52,976)_|
|---|---|
||_(52,976)_
_188,641_|
||_135,665_|
||_2020_
_£_
_(43,056)_
_-_
_(9,452)_
_(468)_|
||_(52,976)_|
||**At 31**
**December**
**2021**
**£**
**196,974**|
||**196,974**|
The notes on pages 9 to 16 form part of these financial statements
- 8 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with 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) - (Charities SORP), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Charity has taken advantage of the special provisions relating to small companies as set out in the Companies Act 2006.
The Charity 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 or note.
## **1.2 Going concern**
The accounts are prepared on a going concern basis after consideration by the trustees that there are no material uncertainties about the ability to continue as a going concern. Such consideration includes a review of committed income and expenditures, cash flows and reserves. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period nor which affect the current ye s financial statements. Specifically the trustees consider that the Covid-19 pandemic will not have a significant impact on the charity's core funding, regarding any impact to be short term rather than affecting the charity's ability to continue as a going concern.
## **1.3 Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are unrestricted funds of the Charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are funds which the donor has specified are to be used solely for particular areas of the C ic projects being undertaken by the Charity.
## **1.4 Joint venture accounting**
Where the Charity enters into an arrangement with other charities or partners to undertake activities through jointly controlled operations, the Cha coming resources and resources expended and of the assets and liabilities of the joint operation is included in the C .
## **1.5 Incoming resources**
Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably .
Grants and donations are recognised as income in the year in which the donor states the funds should be expended. Where no such statement is made the income is recognised in the year in which it is receivable. Income received in advance of the specific period in which it is to be used is deferred until the criteria for income recognition are met.
Investment income is recognised when receivable and the amount can be measured reliably by the Charity.
**1.6 Donations of services and non-monetary gifts** Where services or other non-monetary gifts are provided to the Charity as a donation, the contribution is recognised as income based on the value of the gift, being the amount the Charity would have been willing to pay to obtain an equivalent economic benefit; a corresponding amount is then recognised in expenditure in the period of receipt. The value of services provided by volunteers is not included.
- 9 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1.**
**1.7 Resources expended** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount can be measured reliably.
Grants are recognised in the year they are awarded, unless specific conditions are attached; such grants being recognised as expenditure when the conditions are fulfilled.
Expenditure is classified under the following activity headings:
- Raising funds: comprises the costs, including allocated support costs, incurred in seeking donations and organising fundraising events
- Charitable activities: comprises the costs, including allocated support costs, of undertaking activities to further the purposes of the Charity.
Costs which are attributable to a specific activity are charged directly to that activity. Costs which are shared between a number of specific activities are charged directly to those activities based on the amount of time or usage incurred in undertaking each of the specific activities.
## **1.8 Allocation of support costs**
Support costs are incurred to further the work of the Charity but are not incurred directly for raising funds or carrying out charitable activities. These costs, which are analysed in the notes to the financial statements, are allocated between the cost of raising funds and expenditure on charitable activities based on the weighted average amount of time undertaken by the Charity as a whole on those activities.
**1.9 Foreign Currencies** Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are converted into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the Net Income/(Expenditure) for the year and both gains and losses are included in support costs.
**1.10 Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer equipment
- 33% straight line
Individual fixed assets costing below £1,000 are not capitalised.
**1.11 Debtors**
Accrued income is recognised where funds in respect of the financial period being reported have been received or invoiced after the Balance Sheet date. Prepayments are recognised where payments, in respect of future financial periods have been made prior to the Balance Sheet date
**1.12 Cash at bank and in hand** Cash at bank and cash in hand includes cash and short term highly liquid investments with a maturity of six months or less from the date of acquisition or opening of the deposit or similar account.
## **1.13 Creditors**
Creditors and provisions are recognised at their invoiced amount including VAT. Accruals are based on agreed costs (including VAT) for services received prior to the Balance Sheet date but not invoiced before that date; where an expense has not been agreed an estimate of the final settlement amount (including VAT) is made
## **1.17 Pensions**
Employees om which they may opt out. The Charit s only liability is the monthly contribution calculated as a pro qualifying earnings during the period of employment at the Charity.
- 10 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **2. Detailed comparatives for the statement of financial activities**
|**INCOME FROM:**
Donations
Charitable Activities
Other trading activities
**Total Income**
**EXPENDITURE ON:**
Raising Funds
Charitable activities:
**Total Expenditure**
**NET INCOME / (EXPENDITURE)**
**Transfer between Funds**
_
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2020**
**2020**
**£**
**£**
**126,711**
**116,191**
-
**167,750**
-
**2,000**
**__________**
**__________**
**126,711**
**285,941**
**__________**
**__________**
-
**36,995**
**135,004**
**283,709**
**__________**
**__________**
**135,004**
**320,704**
**__________**
**__________**
**(8,293)**
**(34,763)**
**10,756**
**(10,756)**
_________
**__________**
**_**
**2,463**
**(45,519)**
**_________________**
**_________________**
**42,928**
**162,558**
**__________**
**__________**
**45,391**
**117,039**
___________
___________
|**Total**
**Funds**
**2020**
**£**
**242,902**
**167,750**
**2,000**
**__________**
**412,652**
**__________**
**36,995**
**418,713**
**__________**
**455,708**
**__________**
**(43,056)**
-
**_________**
**(43,056)**
**_________________**
**205,486**
**__________**
**162,430**
___________|
|---|---|---|
- 11 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
|**3.** **Income from Donations**
Donations
HMRC gift aid
**4.** **Income from Charitable Activities**
Income for services provided to Lewa
Wildlife Conservancy USA
**5.** **Income from other trading activities**
The Lewa Conservancy UK fundraising events
Share of income from events in partnership
with other charities
**6.** **Expenditure on Raising Funds**
The Lewa Conservancy UK fundraising events
Share of expenditure from events in partnership
with other charities
Staff costs
Donation processing fees
Donor relationship costs
Support costs|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2021**
**2021**
**£**
**£**
171,220
89,947
-
13,852
_________________
_________________
**171,220**
**103,799**
**_________**
**_________**
**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2021**
**2021**
**£**
**£**
-
169,000
**___________**
**___________**
-
**169,000**
**_________**
**_________**
**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2021**
**2021**
**£**
**£**
-
2,597
-
105,163
**___________**
**___________**
-
**107,760**
**_________**
**_________**
**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2021**
**2021**
**£**
**£**
-
413
-
19,424
-
20,842
-
2,790
-
1,325
-
6,623
__________
___________
-
**51,417**
|**Total**
**Funds**
**2021**
**£**
261,167
13,852
_________________
**275,019**
**_________**
**Total**
**Funds**
**2021**
**£**
169,000
**___________**
___
**169,000**
**_________**
**Total**
**Funds**
**2021**
**£**
2,597
105,163
**___________**
___
**107,760**
**_________**
**Total**
**Funds**
**2021**
**£**
413
19,424
20,842
2,790
1,325
6,623
___________
**51,417**
|_Total_
_Funds_
_2020_
_£_
_226,826_
_16,076_
___________________
_242,902_
|
|---|---|---|---|
||||**________**
_Total_
_Funds_
_2020_
_£_
_167,750_
____________
_167,750_
|
||||**________**
_Total_
_Funds_
_2020_
_£_
_2,000_
-
____________
_2,000_
|
||||**________**
_Total_
_Funds_
_2020_
_£_
_3,555_
-
_20,798_
_3,185_
_294_
_9,163_
___________
_36,995_
|
- 12 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **7. Expenditure on Charitable Activities**
|Grants to The Lewa Conservancy Kenya
Grants to other Kenyan organisations
Staff costs
Consultancy
Travel & fees
Support costs|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2021**
**2021**
**£**
**£**
167,350
116,945
16,000
-
-
115,750
-
11,380
-
356
-
64,870
__________
___________
**183,350**
**309,301**
|**Total**
**Funds**
**2021**
**£**
284,295
16,000
115,750
11,380
356
64,870
___________
**492,651**
|_Total_
_Funds_
_2020_
_£_
_205,082_
_14,922_
_108,922_
_21.059_
_2,567_
_66,161_
___________
_418,713_
|
|---|---|---|---|
## **8. Support costs**
|Staff costs
Staff related costs
Board and governance expenses
Independent Examiner fee
Consultancy fees (incl. accountancy)
Office accommodation
Printing, postage & stationery
Other office expenses
Foreign exchange (gain)/loss|**Total**
**Funds**
**2021**
**£**
36,820
10,343
1,555
1,920
17,070
-
889
2,432
464
**________________**
**71,493**
**_________**|_Total_
_Funds_
_2020_
_£_
_37,251_
_1,485_
_-_
_1,920_
_14,631_
_15,192_
_2,724_
_2,045_
_76_
__________________
_75,324_
**_________**|
|---|---|---|
## **Allocation of Support costs**
Support costs are allocated between the Charity's activities on the basis of the weighted average staff and consulting time spent on each activity, as follows:
|Fundraising
Charitable activities|**Total**
**Funds**
**2021**
**£**
6,623
64,870
**________________**
**71,493**
|_Total_
_Funds_
_2020_
_£_
_9,163_
_66,161_
__________________
_75,324_
|
|---|---|---|
## **9. Taxation**
The Charity is exempt from tax on its charitable activities.
- 13 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **10.Net income/(expenditure) for the year**
|This is stated after charging:
Independent examiner
fee (incl. irrecoverable VAT)|**2021**
**£**
**1,920**
|_2020_
£
_1,920_
|
|---|---|---|
## **11.Staff costs and numbers and trustee remuneration**
Staff costs were as follows:
_**2021** 2020_ **£** _£_ Wages and salaries 153,522 _148,159_ Social security costs 13,634 _13,515_ Pension contributions 6,256 _5,297_ **________________** __________________ **173,412** _166,971_
**_________ _________**
The following number of employees received employee benefits (excluding employer pension) during the year between:
£70,000 - £79,999
_**2021** 2020_ **No.** _No._ **1** _1_
The total employee benefits (including employer s social security and pension contributions) of the key management personnel were £91,964 (2020: £84,112)
## **Staff Numbers**
The average monthly number of staff during the year was:
|Raising Funds
Charitable Activities
Support|**_2021_**
**No.**
0.4
1.9
0.6
**________________**
**2.9**
**_________**|_2020_
_No._
_0.4_
_2.0_
_0.6_
__________________
_3.0_
**_________**|
|---|---|---|
## **Trustee remuneration**
The trustees were not paid nor received any other benefits from employment with the Charity in the year (2020: £nil). No trustee received payment for professional or other services supplied to the Charity (2020: £nil). Trustees are re-imbursed expenses which would otherwise have been paid by the Charity; in total, such expenses amounted to £nil in the year (2020: £nil)
- 14 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **12.Debtors**
|**Debtors**|||
|---|---|---|
|Accrued income
Due from Lewa Conservancy USA
Prepayments
**_**
**Creditors**
Accruals
Due to Lewa Conservancy Kenya
Deferred income
HMRC payroll taxes
**_**|**2021**
**£**
37,527
39,142
861
**____________**
___
**77,530**
**_________**
**2021**
**£**
13,464
85,739
-
5,160
**____________**
___
**104,363**
**_________**|_2020_
_£_
_25,596_
_25,963_
_967_
______________
_52,526_
|
|||**_________**
_2020_
_£_
_19,440_
_-_
_2,000_
_4,321_
______________
_25,761_
|
## **13.Creditors**
## **14.Funds**
## **Summary of fund movements**
|**Restricted Funds**
Bursaries
Education
Community & Healthcare
Security & Anti-Poaching
Wildlife Conservation
Logistics
Partner Organisations
**Unrestricted Funds**
**_**|**Brought**
**Forward**
**£**
15,912
2,548
26,756
18
157
-
-
**___________**
**45,391**
**117,039**
**______________**
**_**
**162,430**
|**Income Expenditure**
**£**
**£**
26,355
(38,869)
81,814
(82,561)
-
(26,756)
211
(176)
46,840
(18,988)
-
-
16,000
(16,000)
**_____________**
**_____________**
**171,220**
**(183,350)**
**380,559**
**(360,718)**
**______________**
**_______________**
**551,779**
**(544,068)**
|**Transfer**
**£**
-
-
-
-
-
-
-
**_____________**
**_**
-
-
**_______________**
**_**
**-**
|**Carried**
**Forward**
**£**
3,398
1,801
-
53
28,009
-
-
**____________**
**33,261**
**136,880**
**______________**
**170,141**
|
|---|---|---|---|---|
- 15 -
## **THE LEWA WILDLIFE CONSERVANCY UK**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **14.Funds** _**cont d**_
**Analysis of net assets between funds**
|**Restricted**
**Funds**
**Unrestricted**
**Funds**
**2021**
**2021**
**£**
**£**
Debtors
**19,591**
**57,939**
Cash at bank and in hand
**13,670**
**183,304**
Creditors due within one year
-
**(104,363)**
**_________________**
**_____________**
**_______________**
**_**
**33,261**
**136,880**
|**Total**
**Funds**
**2021**
**£**
**77,530**
**196,974**
**(104,363)**
**______________**
**170,141**
|_Total_
_Funds_
_2020_
_£_
_52,526_
_135,665_
_(25,761)_
_________________
_162,430_
|
|---|---|---|
## **15.Related party transactions**
The Lewa Wildlife Conservancy UK ( _Lewa UK_ ) is related to Lewa Wildlife in Kenya ( _Lewa Kenya_ ) which, in close liaison with the Government of Kenya and the Kenya Wildlife Service, manages and conserves the wildlife resources in The Lewa Wildlife Conservancy. During the year, Lewa UK awarded funding of £300,295 (2020: £220,004), for specific projects and other charitable initiatives within The Lewa Wildlife Conservancy as described in the annual report of the trustees.
Lewa UK is related to Lewa Wildlife Conservancy USA ( _Lewa USA_ ). Day to day global operations of the two organisations are managed on a combined basis though an international executive director and other resources employed by Lewa UK. In recognition of the support thereby provided by Lewa UK through its charitable services to and for the benefit of Lewa Kenya, Lewa USA and all other entities related to Lewa Kenya in the world Lewa USA entered into a Service Reimbursement Agreement with Lewa Conservancy in 2019. The level of charitable services provided is agreed between Lewa USA and Lewa UK on an annual basis and in 2021 amounted to £169,000 (2020: £ 167,750)
During 2021 the Chairman s daughter was employed by the Charity.
During the year the Trustees donated an aggregate of £29,368 (2020: £44,317) to the Charity.
- 16 -