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2023-12-30-accounts

Registered number: 03470186 Charity number: 1069800

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

TRUSTEES’ REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner’s 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)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

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 2023. 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). A global fundraising team is engaged to increase funding for Lewa Kenya’s impactful work with communities and wildlife. Until 2024 this team was headed by an International Executive Director, employed by Lewa UK, since when it is being led by the Chief Development Officer of Lewa Kenya.

To maximise the effectiveness of the fundraising team, several members are based in the UK and employed by Lewa UK; they are 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 Charity’s aims and objectives, in planning future activities, the trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit, and the duties set out in Section 17(5) of the Charities Act 2011, including the guidance “Public Benefit: Running a Charity (PB2).”

Volunteers

There was less involvement by volunteers in 2023 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 and to develop associated community projects in line with the principle activities set out above. A number of specific appeals were well supported by donors whose contributions were augmented by a number of new donors. Consequently, donation income, which reached its highest level of recent years, was 33% higher than in the previous financial year enabling an 80% annual increase in grants to Lewa. The UK staff are a fully integrated part of the international fundraising team, which generated funds of almost USD 6m in 2023.

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

FINANCIAL REVIEW

Review of the Year

Thanks to the significant rise in donations, income rose 27% to £690,785 in 2023. Non-grant expenditure also grew, but at a lower rate of 12%, to £266,978 with much of the increase attributable to the organizational changes of the global fundraising team . Consequently net income available for grants to Kenya was £423,807 (2022: £305,904) of which £415,829 (2022: £229,265) was awarded. At 31 December 2023 all available restricted funds had been awarded to Lewa Kenya, but £26,341 was not remitted until early 2024. Unrestricted funds at 31 December 2023 rose to £254,758.

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 £150,000 and £160,000, an amount under the level of unrestricted funds (£254,758) at 31 December 2023.

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.

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:

Plans for the future

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.

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

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. A Sustainability Committee of five members, comprising three board directors of the Lewa Wildlife Conservancy Kenya and a representative from each of the UK and USA boards, meet quarterly together with the Chief Executive Officer and the Chief Development Officer of the Lewa Wildlife Conservancy Kenya, to monitor and review the Lewa strategic growth 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 Chief Development Officer who is employed by The Lewa Wildlife Conservancy Kenya.

Financial transactions with related parties are described in note 14 to the financial statements.

Remuneration policy for key management personnel

The Sustainability Committee reviews and recommends annually key management personnel’s 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
S Rupani
F L R Sanders
F Sanderson
Trustee Emeritus D J Walker
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

THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarnnteèl TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees {who are also directors of The Lewa Wildlrfe Conservancy UK for the purposes of ￿MpanY law) are responsible for preparing the Trustees. report and the financial statements in accordance witt) applicable law and United Kingdom Accounting Standards Iuniled Kingdom Gerberally Aecepted Accounting Practi￿}. Company and charity law requires the Twslees to prepare financial statements for each financial year which give a twe and fair view of the state of affairs of the charrtable company and of the incoming resOur￿S and application of resources, including the income and expenditure. of th6 charitable company for that period. In preparing these finan￿81 stalemenls, the Trustees are iequired to.. select suitable accounting policies and then appty them consislenlly observe the methods and principles in the Charities SORP make judgments and estimates that are reasonable and pwdenl stale whether applicable UK Accounbng Standards and the Charities SORP have been followed, subje¢l to any material departures disclosed and explained in the financial statements prepare the financial slalements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping proper accounting records that disckjse with reasonable accuraGy at any time the financial position of the charitable company and enable them lo ensure that the financial stslemenls comply with the Cc¥npanies Act 20(E. 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 irregulanties. The Trustees are responsible for the maintenance and integrty of the charity and financial information included on the charity's websrte. Legislation in the Unrted Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. They are also responsible for ensuring all personal and other sensrtive data of donors, funders, partners and staff is maintained al a level compliant with the requirements of the General Dats Protection Regulation and Data Protection Act 2018. Statement as to disclosure to our Indepèndent Examinor In so far as the trustees are aware.. There is no relevant infomiation of which the charitable company's independent examiner is unaware,. and The trustees have taken all steps that they ought lo have taken to make themselves aware of any relevant informab'on and to establish that the independent examiner is aware of thal infomation. This report has been prepared in accordance with the Stslement of Recommended Practi￿ - Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their a￿OuntS in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 102) and with the provisions of the Companies Act 2006 and of FRS 102 relating to small companies. This repo s approved by the Trustees on 6 June 2024 and signed on their behalf. by . Dryer.- Trustee

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

INDEPENDENT EXAMINER’S 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 2023, which are set out on pages 6 to 16.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having 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 your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income exceeded £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 ‘true and fair view’, 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

10/06/2024

Date: .............................................

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 2023

Note
INCOME FROM:
Donations
3
Charitable Activities
4

Total Income

EXPENDITURE ON:
Raising Funds
5
Charitable activities:
6

Total Expenditure

NET INCOME / (EXPENDITURE)
9

Transfer between Funds
_
NET MOVEMENT IN FUNDS

RECONCILIATION OF FUNDS:
Total funds brought forward

TOTAL FUNDS CARRIED FORWARD
 Restricted
Funds
Unrestricted
Funds
2023
2023
£
£
369,427
121,358
-
200,000
____
____

369,427
321,358
____
____

-
35,402
415,829
231,576
____
____

415,829
266,978
_ _

(46,402)
54,380
-
-
___
____ _
(46,402)
54,380

46,402
200,378
____
____

-
254,758


 Total
Funds
2023
£
490,785
200,000
____
690,785
____
35,402
647,405
____
682,807
____

7,978
-
___
7,978
246,780
____
254,758
 Total
Funds
2022
£
366,983
178,000
_
544,983_
_
_37,888
430,456
_
468,344_
_
_76,639
-
_
76,639_
170,141
_
_246,780

The detailed 2022 comparative statement of financial activities is reported in note 2.

The notes on pages 9 to 16 form part of these financial statements.

THE LEWA WILDLIFE CONSERVANCY UK IA cornpany Ilmltod by guarantse) BALANCE SHEET AS AT 31 DECEMBER 2023 COMPANY NUMBER 03470186 2023 2022 CURRENT ASSETS Debtors Cash at bank and in hand 11 50,630 246.030 69,084 190,684 295,660 259, 768 LIABILITIES Creditors.. amounts falling due wilhln one year 12 40.902 12,988 NET CURRENT ASSETS 254,758 246, 780 TOTAL NET ASSETS 254,758 246,780 FUNDS Restricted knnds 13 46.402 Unrestricted funds 13 254.758 200,378 TOTAL FUNDS 254,7S8 246,780 The Trustees consider that the company 1$ entitled lo exemption from the requirement to have an audit under the provisions of Section 477 of the Companies Ad 2006 I'lhe Act") and members have not required the company lo obtain an audit for the year in question in accordan￿ with section 476 of the Act. The Trustees acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the slate of affairs of the company as at 31 De￿rnber 2023 and of ils profil or loss for the year then ended in accordance with the requiremeTrls of sections 394 and 395 of the Act and which otherwise ￿mplY with the requirements of the Companies Act 2006 relating to the fir>ancial statements so far as applicable to the company. The financial ststements have been prepared in ar£Ordan￿ with the special provisions relating to companies subject to the small companies regime within part 15 of the Companies Act 2006. The financial statements were approved by the Trustees on 6 June 2024 and signed on their behalf by. Dry•r The notes on pages 9 10 16 fomi part of these financial stalem8nts

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023

Note
2023
£
Net cash provided by/(used in) Operating Activities (see below)
(6,290)
Change in cash and cash equivalents in the year
(6,290)
Cash and Cash Equivalents at the beginning of the year
190,684
Total Cash and Cash Equivalents at the end of the Year
190,684
Reconciliation of net income/expenditure to net cash flow from operating activities
2023
£
Net income/(expenditure) for the year (as per the statement of
financial activities)
7,978
Decrease (Increase) in debtors
18,454
Increase (Decrease) in creditors due within one year
27,914
Net cash provided by/(used in) Operating Activities
54,346
Analysis of cash and cash equivalents
At 1
January
2023
Cash
flows
£
£
Bank current account and cash in hand
190,684
54,346
Total cash and cash equivalents
190,684
54,346		 2022
£
(6,290)
(6,290)
196,974
190,684
2022
£
76,639
8,446
(91,375)
(6,290)
At 31
December
2023
£
245,030
245,030

The notes on pages 9 to 16 form part of these financial statements

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

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 charity’s 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 year’s financial statements.

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 Charity’s work or for specific 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 Charity’s gross share of the incoming resources and resources expended and of the assets and liabilities of the joint operation is included in the Charity’s accounts.

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.

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

1. ACCOUNTING POLICIES …. continued

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:

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

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 are “auto enrolled” into a defined contribution pension scheme from which they may opt out. The Charity’s only liability is the monthly contribution calculated as a proportion of the employee’s qualifying earnings during the period of employment at the Charity.

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

2. Detailed comparatives for the statement of financial activities
Restricted
Funds
Unrestricted
Funds
2022
2022
£
£
INCOME FROM:
Donations
242,406
124,577
Charitable Activities
-
178,000
Other trading activities
-
-
____
____

Total Income
242,406
302,577
____
____

EXPENDITURE ON:
Raising Funds
-
37,888
Charitable activities:
229,265
201,191
____
____

Total Expenditure
229,265
239,079
____
____

NET INCOME / (EXPENDITURE)
13,141
63,498
Transfer between Funds
-
-
____
____

NET MOVEMENT IN FUNDS
13,141
63,498
RECONCILIATION OF FUNDS:
Total funds brought forward
33,261
136,880
____
____

TOTAL FUNDS CARRIED FORWARD
46,402
200,378


 Total
Funds
2022
£
366,983
178,000
-
____
544,983
____
37,888
430,456
____
468,344
____
76,639
-
____
76,639
170,141
____
246,780

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

3. Income from Donations

Income from Donations
Donations
HMRC gift aid
Income from Charitable Activities
Income for services provided to Lewa
Wildlife Conservancy USA

Expenditure on Raising Funds
Staff costs
Donation processing fees
Donor relationship costs
Support costs		 Restricted
Funds
Unrestricted
Funds
2023
2023
£
£
369,427
115,767
-
5,591
__
__
369,427
121,358
___
___
Restricted
Funds
Unrestricted
Funds
2023
2023
£
£
-
200,000
_____
_____
-
200,000
___
___
Restricted
Funds
Unrestricted
Funds
2023
2023
£
£
-
23,693
-
2,293
-
1,136
-
8,280
____
_____
-
35,402

 Total
Funds
2023
£
485,194
5,591
__

490,785
___
Total
Funds
2023
£
200,000
_____

200,000
___
Total
Funds
2023
£
23,693
2,293
1,136
8,280
_ __
35,402
 Total
Funds
2022
£
357,152
9,831
_______
366,983
__
Total
Funds
2022
£
178,000
______
178,000
__
Total
Funds
2022
£
27,780
2,700
1,399
6,009
_____
37,888

4. Income from Charitable Activities

5. Expenditure on Raising Funds

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

6. Expenditure on Charitable Activities

Grants to The Lewa Conservancy Kenya
Grants to other Kenyan organisations
Staff costs
Consultancy
Travel costs
Support costs		 Restricted
Funds
Unrestricted
Funds
2023
2023
£
£
415,829
-
-
-
-
140,830
-
2,134
-
2,396
-
86,216
_
__
415,829
231,576

 Total
Funds
2023
£
415,829
-

140,830
2,134
2,396
86,216
_____
647,405
 Total
Funds
2022
£
229,265
-
127,430
15,400
4,076
54,285
_____
430,456

7. Support costs

Staff costs
Staff related costs
Board and governance expenses
Independent Examiner fee

Legal fees
Consultancy fees (incl. accountancy)

Travel costs
Printing, postage & stationery
Other office expenses

Foreign exchange (gain)/loss
 Total
Funds
2023
£
34,269
11,488
1,633
2,160
17,760
19,206
1,027
2,057
4,079
817

____
94,496

 Total
Funds
2022
£
33,350
1,407
998
2,160
-
20,550
415
588
2,266
(1,440)
______
60,294

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
2023
£
8,280
86,216
____
94,496
___		 Total
Funds
2022
£
6,009
54,285
______
60,294
___

8. Taxation

The Charity is exempt from tax on its charitable activities.

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

9. Net income/(expenditure) for the year

This is stated after charging:
Independent examiner’s fee (incl. irrecoverable VAT)		 2023
£
2,160
 2022
£
2,160

10.Staff costs and numbers and trustee remuneration

Staff costs were as follows:

Staff costs were as follows:
2023 2022
£ £
Wages and salaries 150,841 161,252
Social security costs 12,782 20,495
Pension contributions 5,169 6,813
Severance pay 30,000 -
____ ______
198,792 188,560

_ _

The following number of employees received employee benefits (excluding employer pension) during the year between:

2023 2022
No. No.
£80,000 - £89,999 - 1
£70,000 - £79,999 1 -

The total employee benefits (including employer’s social security and pension contributions) of the key management personnel were £82,772 (2022: £101,738).

Staff Numbers

The average monthly number of staff during the year was:

Raising Funds
Charitable Activities
Support		 2023
No.
0.3
1.5
0.4
____
2.2

 2022
No.
0.4
1.8
0.5
______
2.7

Trustee remuneration

The trustees were not paid nor received any other benefits from employment with the Charity in the year (2022: £nil). No trustee received payment for professional or other services supplied to the Charity (2022: £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 (2022: £nil).

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

11.Debtors

Debtors
Accrued income
Due from Lewa Conservancy USA
Prepayments
_
Creditors
Accruals
Due to Lewa Conservancy Kenya
HMRC payroll taxes
_		 2023
£
10,591
38,927
1,112
______

50,630
___
2023
£
11,675
26,341
2,886
______

40,902

 2022
£
18,401
50,683
-
__
69,084
__
2022_
£
8,041
-
4,947
______
12,988

12.Creditors

13.Funds Summary of fund movements

Restricted Funds
Bursaries
Education
Community & Healthcare
Security & Anti-Poaching
Wildlife Conservation
Kenya Core Programmes

Unrestricted Funds		 Brought
Forward
£
3,068
10,519
13,200
19,615
-
-
__
46,402
200,378
__
246,780
 Income Expenditure
£
£
-
-

126,366 (139,953)

37,581 (50,781)
160,294 (179,909)
9,986 (9,986)
35,200 (35,200)
_______
_______
369,427
(415,829)
321,358
(266,978)
__ ___
690,785
(682,807)

 Transfer
£
(3,068)
3,068
-
-
-
-
_______
-
-
___

-
 Carried
Forward
£
-
-
-
-
-
-
_______
-
254,758
___
254,758

THE LEWA WILDLIFE CONSERVANCY UK

(A company limited by guarantee)

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

13.Funds cont’d

Analysis of net assets between funds

Restricted
Funds
Unrestricted
Funds
2023
2023
£
£
Debtors
-
50,630
Cash at bank and in hand
26,341
216,689
Creditors due within one year
(26,341)
(14,561)
___
___
-
254,758

 Total
Funds
2023
£
50,630
245,030
(40,902)
___
254,758

 Total
Funds
2022
£
69,084
190,684
(12,988)
_____
246,780

14.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 £415,829 (2022: £229,265), 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 including 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 UK in 2019. The level of charitable services provided is agreed between Lewa USA and Lewa UK on an annual basis and in 2023 amounted to £200,000 (2022: £178,000)

During the year the Trustees donated an aggregate of £63,192 (2022: £56,158) to the Charity.