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 2024
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantee CONTENTS Page Tru$tses' report Independent examiner's report Statement of financial activities Balance sheet Statement of Cash Flows Notes to the financial statements 9-16
THE LEWA WILDLIFE CONSERVANCY UK IA company limited by guaranteel TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees, who are also directors of the Charity for the purposes of the Companies Act, submil their annual report and the finanGial statements of The Lewa Wildlife Conservancy UK {the Charity) for Ihe year ended 31 December 2024. The Trustees confirm that the annual report and financial statements of the Charity comply with currenl statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice Accounting and Reporting by CharÉties.' Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh 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 proteclion of endangered wildlife species, and in particular but wtlhout 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. Activ¢ties 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 inlernational entities legally eslablished in non- Kenyan countries including the Lewa Conservancy UK {Lewa UK). A global fundraising leam is engaged lo increase funding for Lewa Kenya's impactful work with communilies and wildlife. Until 2024 this team was headed by an International Executive Director, employed by Lewa UK, since when it is being 18d by the Chief Development Officer of Lewa Kenya. To maximise Ihe effectiveness of the fundraising team. several members were based in the UK and employed by Lewa UK., they were funded in part by The Lewa Wildlife Conservancy USA (Lewa USA) through a SeTVi Reimbursement Agreement with Lewa UK in recognition of Lewa UK providing services to meet the charitable objects of Lewa Kenya and tts related entities. This five year agreemenl which commenced in 2019 expired at the end of 2023. Public Benefit When reviewing Ihe Charity's aims and objectives, in planning future aclivities, 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 2024 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 speGies 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 but overall donalions were below those of the previous year following the decision to have certain foreign donations. previously routed through UK, sent directly to Kenya. The UK staff are a fully integrated part of the intemational fundraising team, which generated funds over USD sm in 2024.
THE LEWA WILDLIFE CONSERVANCY UK IA company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Review of the Year As a consequenGe of the redireclion of foreign donations and the expiration of the Service Reimbursement Agreement total income in 2024 fell year on year by 600/0 which, in turn. led to a halving of the grants sent to Lewa Kenya. Non-granl expenditure also fell, as a result of the previous yearfs organizational changes to the global fundraising team. At 31 December 2024 all available restricted funds had been awarded to Lewa Kenya. Unrestricted fLtnds at 31 December 2024 were £74,832, a reduction in Ihe year of £179,926 following the expiration of the Service Reimbursement Agreement and the awarding of a £50,000 unrestricted grant to Lewa Kenya. 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 Gash outflows. This currently amounts to about £60,000, an amounl reduced from that required at the end of 2023 because of further organisationa changes undertaken in 2025 (see Plans for the Future, below). The unrestricted funds (£74,832) at 31 Dember 2024 exceed the minimum reserve. 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 charity has no single principal funder. 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 TrLfStees will place them in short term bank deposit accounls seeking lo achieve as compelitive 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 abilily to obtain donations from tts fundraising activities and thereby in the provision of effective funding to The Lewa Wildlife Conservancy Kenya. Plans & strategies for managing the risks The Truslees risk managemeni policy comprises.. a) an annual review of the principal risks and uncertainties., b) the establishmenl 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 The charity seeks to maintain its current UK donor base and to expand it particularly in Europe, the Middle East and Asia. The UK charily 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. From 1 January 2025 the UK employees were transferred to a globally based Employer of Record which has assumed all employer responsibilities. Lewa Kenya meets the costs of the services provided by the Employer of Record.
THE LEWA WILDLIFE CONSERVANCY UK IA company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Oryanisational strncture 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 Appointsnent and Inductlon of Trustees Trustees are elected and co-opted under the terms of the Articles of Associalion. When seeking a new Trustee, the existing Trustees would look to appoint someone who was already familiar with the work of the Charity andlor active in the field of conservation. Once appointed the Trustees would mentor Ihe new Trustee and encourage himlher to attend Trustee meelings 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 meel their Ghaiitable purposes by supporting the charilable activilies 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 Ihe Lewa strategic growth plan. The activities of the three supporting entities in the UK, USA and Canada, which are identified to deliver their elemenl of the plan, are delegated to, and coordinated by, the Chief Development OffIr who is employed by The Lewa Wildlife Conservancy Kenya. Financial transactions wilh relaled parties are described in note 14 to the finanaal stalements. Remuneration policy for key management personnel Although all staff are employed by the independent Employer of Record staff remuneration is detemiined by the Suslainabilily Committee including an annual review and recommendation of key management personnel's pay and remuneration. In coming to decisions Ihe Committee lakes into account the aims and values of the Charity, the slrategic plan and Ihe ability to pay. individual ¢ompetenGies and performance, remuneration levels at similar Gharities, and retention. These factors are not exclusive and any decision will inevitably include an element of discretion. REFERENCE AND ADMINISTRATIVE DETAILSf Trustees J F Dryer K A Crook D Hillyard P E Mulholland S Rupani F L R Sanders F Sanderson Chair resigned 26 April 2025 resigned 12 November 2024 resigned 26 November 2024 resigned 21 January 2025 Trustee Emeritus Company registered number Charity regislered number Registered office Independent Examiner D J Walker 03470186 1069800 75 Maygrove Road, West Hampstead.London NW6 2EG Anthony Epton, 75 Maygrove Road, West Hampstead.London NW6 2EG
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDEO 31 DECEMBER 2024 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees (who are also directors of The Lewa Wildlife Conservancy UK 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 and charity law requires the Trustees to prepare financial statemenls for each financial year which give a true and fair view of Ihe state of affairs of 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 preparing these financial statements. the Trustees are required to- select suitable accounting policies and then apply them consistently observe the methods and principles in Ihe Charities SORP make judgments and estimates that are reasonable and prudent slate 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 it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping proper accounling records Ihal disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Truslees are responsib5e for the maintenance and integrity of the charity and financial informalion included on the charity's website. Legislation in the United Kingdom goveining the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. They are also responsible for ensuring all personal and other sensilive data of donors, funders, partners and staff is maintained at a level complianl with the requirements of the General Data Protection Regulation and Data Protection Act 2018. ststement as to disclosure to our Independent Examiner In so far as the trustees are aware.. There is no relevant information of which the charitable company's independent examiner is unaware., and The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant inforrnation and to establish that the independent examiner is aware of that information. This report has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities.. Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the provisions ofthe Companies Acl 2006 and of FRS 102 relating to small companies. This report as approved by the Trustees on 29 April 2025 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 2024, 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 Myse that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinalion, I report in respect of my examination of your charily's accounts as carried out under section 145 of the Charities Aot 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 examinerfs 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 l am qualified to undertake the examination because l 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.. 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 a¢¢ounling 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 corne across no other matters in connection with Ihe examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Ee¥Th Anthony Epton BA, FCA, CTA, FCIE Fellow of the InstitLrte of Chartered Accountants in England and Wales Goldwins Chartered Accountants 75 Maygrove Road Wesl Hampstead London NW6 2EG 13 May 2025 Date: ...............
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES lincorporating income and expenditure a¢countl FOR THE YEAR ENDED 31 DECEMBER 2024 Restricted Unrestricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Note INCOME FROM: Donations 170,550 87,385 257,935 490, 785 Charitable Activities 200, 000 Total Income 170,550 87,385 257,935 fj90, 785 EXPENDITURE ON: Raising Funds 30,176 30,176 35,402 Charitable activities= 170,550 237.135 407,685 647,405 Total Expenditure 170,550 267,311 437.861 682, 807 NET INCOME I (EXPENDITURE) {179.926) (179,926) 7,978 Transfer between Funds NET MOVEMENT IN FUNDS 1179,926) 1179,926) 7.978 RECONCILIATION OF FUNDS: Total funds brought fomard 254.758 254.758 246, 780 TOTAL FUNDS CARRIED FORWARD 74,832 74,832 254, 758 The detailed 2023 comparalive 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 company limited by guarantee) BALANCE SHEET AS AT 31 DECEMBER 2024 COMPANY NUMBER 03470186 2024 2023 Note CURRENT ASSETS Debtors Cash at bank and in hand 4.788 89.382 50,630 245, 030 94.170 295, 660 LIABILITIES Creditors.. amounts falling due within one year 12 19,338 40,902 NET CURRENT ASSETS 74,832 254, 758 TOTAL NET ASSETS 74,832 254. 758 FUNDS Restricted funds 13 Unrestricted funds 13 74.832 254, 758 TOTAL FUNDS 74.832 254, 758 The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit foi 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 state of affairs of the company as at 31 December 2024 and of its profit or loss for the year then ended in accordance with the requirements of sections 394 and 395 oflhe Act and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements so far as applicable to the company. The financial statements have been prepared in accordance 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 29 April 2025 and signed on their behalf by.. JF Dryer The notes on pages 9 to 16 form part of these financial statements
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantse STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 Note 2024 2023 Net cash provided byl(used inl Operating Activities Isee below) (155,648) 54,346 Change in cash and cash equivalents in the year 1155,648) 54,346 Cash and Cash Equivalents al the beginning of the year 245,030 190, 684 Total Cash and Cash Equivalents at the end of the Year 89,382 245,030 ReconGiliation of net incomelexpenditure to net Gash flow from operating activities 2024 2023 Net incomel(expenditure) for the year (as per the ststement of rinancial activities) 1179,926) 7.978 Decrease (Increase) in debtors 45.842 18,454 Increase (Decrease) in creditors due within one year Net cash provided byl{used inl Operating Actlvities {21,$64) 27,914 1155,648) 54,346 Analysis of cash and cash equivalents At1 January 2024 Cash flows At31 December 2024 Bank current account and cash in hand 245.030 (155,648) 89,382 Total cash and cash equivalents 245.030 155,648 89.382 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 2024 I. ACCOUNTING POLICIES Basis of preparation of financial ststements The f nancial slatements have been prepared in accordance with Accounting and Reporting by Charities- statement of Recommended Pradi applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102 effective 1 January 20191- (Charities SORP), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. The Charity has taken advantage ofthe 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 iecognised at historical cost or transaction value unless othetwise stated in the relevant aGGounting policy or note. Going concem The accounts are prepared on a going conGem basis after consideration by the trustees thal there are no material uncertainties about the Charity's ability to continue as a going wncern. Such consideration includes a review of committed inGome 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 Ihe next reporting period nor which affect the current yearfs finanGial statements. Fund accounting Unrestricted funds are available to spend on activilies 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. 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 joinl operation is included in the Charity's acGounls. Incoming resources Income is recognised when the Charity has enlitlement to the funds, any performance condilions attached to the income have been met. it is probable that the income will be reiVed and that the amount can be measured reliably. Giants 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. Donations of services and non-monetary gifts Where services or other non-monetary gifts are provided to the Charity as a donation, the conlribution is recognised as income based on the value of the gifl. being the amount the Charity would have been willing to pay lo obtain an equivalent economic benefit," a Gorresponding 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 limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUNTING POLICIES .... continued 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 spectfic 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 activrty. Costs which are shared between a number of specific activities are charged diiectly to those activities based on the amount of time or usage incurred in undertaking each of the specific activities. Allocation of support costs Support costs are inGurred 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 noles to the financial slatements, ale allocated bebNeen the cost of raising funds and expendilure on charitable activities based on the weighted average amount of time undertaken by the Charity as a whole on those activities. Foreign Currencies Assels and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling al the balance sheet date. Transactions in foreign currencies are converte(J into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving al the Net Incomel(Expenditure) lor the year and both gains and losses are included in support costs. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated lo 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. Debtors Accrued income is recognised where funds in respect of the financial period being reported have been received or invoiced after the 8alance Sheet date. Prepayments are recognised where payments. in respect of future financial periods have been made prior lo 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 deposrt or similar account. 1.13 Creditors Creditors and provisions are recognised al their invoiced amounl including VAT. Accruals are based on agreed costs {including VAT) for services received prior to the BalanGe Sheet date but nol invoiced before that dale,. where an expense has not been agreed an estimate of the final seltlemenl amount (including VAT) is made 1.17 Pensions Employees a 'auto enrolled. into a defined conlribution pension scheme from which they may opl 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. 33% straight line 10-
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2. Detailed comparatives for the statement of financlal activities Restrlcted Unrestricted Funds Funds 2023 2023 Total Funds 2023 INCOME FROM.. Donations 369,427 121,358 490,785 Charitable Activities 200,000 200,000 Total Income 369,427 321,358 690,785 EXPENDITURE ON: Raising Funds 35,402 35,402 Charitable activities.. 415,829 231.576 647,405 Total Expenditure 415,829 266,978 682,807 NET INCOME I (EXPENDITURE) (46,402) 54,380 7,978 Transfer between Funds NET MOVEMENT IN FUNDS {46,402) 54,380 7,978 RECONCILIATION OF FUNDS: Total funds brought fOard 46,402 200,378 246.780 TOTAL FUNDS CARRIED FORWARD 254,758 254,758 11
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 3. Income from Donations Restricted Unrestricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Donations HMRC gfft aid 170,550 83,392 3,993 253,942 3,993 485, 194 5.591 170,550 87,385 257,935 490, 785 4. Income from Charitable Actlvities Restricted Unrestricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Income for services provided to Lewa Wildlife Conservancy USA 200,000 200, 000 5. Expenditure on Ralsing Funds Restricted Unrestricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Staff costs Consultancy fees Donation proSSIng fees Donor relationship costs Support costs 7,533 11,606 2,835 145 8.057 7,533 11,606 2,835 145 8,057 23, 693 2,293 1, 136 8, 280 30,176 30,176 35.402 12-
THE LEWA WILDLIFE CONSERVANCY UK IA company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 6. Expenditure on Charitable Activities Restricted Unrestricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Grants to The Lewa Conservancy Kenya Grants to other Kenyan organisations Staff costs Consultancy fees Travel costs Support costs 169.550 1,000 50,000 219,550 1,000 46,454 77,498 415,829 46,454 77,498 140,830 2, 134 2,396 86,216 63,183 63,183 170,550 237,135 407,685 647,405 7. Support costs Totsl Funds 2024 Total Funds 2023 Staff costs Staff related costs Board and goveinance expenses Independent Examiner fee Legal fees Consultancy fees Travel costs Printing, postage & stationery Other office expenses Foreign exchange {gainllloss 13,957 10,052 308 2,340 34,269 11,488 1,633 2,160 17,760 19,206 1,027 2,057 4,079 817 32.767 627 11,189 71,240 94,496 Allocation of Support costs Support costs are allocated between the Charily's activities on the basis of the weighted average staff and consulting time spent on each activity, as follows.. Total Funds 2024 Total Funds 2023 Fundraising Charilable activities 8,057 63,183 8,280 86,216 71,240 94,496 13-
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 8. Taxation The Charily is exempt from tax on its charitable activities. 9. Net incomel(expenditurel for the year This is stated after charging.. 2024 2023 Independent examiner's fee (incl. irrecoverable VAT) 2,340 2, 160 10.Staff costs and numbers and trustee remuneration Staff costs were as follows.. 2024 2023 Wages and salaries Social security costs Pension contributions Severance pay 64,167 2,269 1,508 150,841 72, 782 5, 769 30. 000 67,944 198, 792 The following number of employees received employee benefrts (excluding employer pension) during the year between.. 2024 2023 No. No. £70,000- £79,999 Staff Numberg The average monthly number of staff during the year was= 2024 2023 Raising Funds Charitable Activities Support Trustee remuneration The trustees were not paid nor received any other benefits from employment with the Charity in the year (2023.. £nil). No trustee reIVed paymenl for professional or other services supplied to the Charity (2023-. £nil). Truslees are re-imbursed expenses which would otherwise have been paid by the Charity. in total, such expenses amounted to £nil in the year (2023.. £nil). 14-
THE LEWA WILDLIFE CONSERVANCY UK IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 11.Debtors 2024 2023 Accrued income Due from Lewa Conservancy USA Prepayments 4,385 10,591 38,927 1,712 403 4,788 50, 630 12.Creditors 2024 2023 Accruals Due to Lewa Conservancy Kenya HMRC payroll laxes 13,440 3,880 2.018 11,675 26,341 2, 886 19,338 40,902 13.Funds Summary of fund movements Brought Forward Income Expenditure Transfer Carried Forward Restrictsd Funds Education (including Bursaries) Community & Healthcare Security & Anti-Poaching Wildlife Conservation Kenya Core Programmes Partners 106,981 {106,981) 204 28,365 34,000 1,000 (204) {28,3651 (34,000) (1,000) 170.550 1170,550} Unrestricted Funds 254,758 87,385 1267,311) 74,832 254,758 257.935 (437,861) 74,832 15-
THE LEWA WILDLIFE CONSERVANCY UK (A company limited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 13. Funds cont'd Analysis of net assets between funds Restricted Unrestricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Debtors Cash at bank and in hand Creditors due within one year 4,788 4.788 85,502 89,382 (15,4581 (19.338) 50, 630 245,030 (40. 902) 3,880 13,8801 74,832 74,832 254, 758 14. Related party transactions The Lewa Wildlife Conservancy UK (Lewa UK) is related to Lewa Wildlrfe 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 ConseNancy. During the year, Lewa UK awarded funding of £219,55012023.' £415,829), for specific projects and other charitable initiatives within The Lewa Wildlife Conservancy as described in the annual report of the Iwstees. Lewa UK is related to Lewa Wildlife Conservancy USA (Lewa USA). Day to day global operations of the Imo 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 seNices to and for the benefil of Lewa Kenya, Lewa USA and all other entilies related to Lewa Kenya in the world, Lewa USA entered into a Service Reimbursement Agreement with Lewa UK in 2019. This Agreement ended at 31 December 2023 after which Lewa UK has received no reimbursemenl from Lewa USA. The level of reimbursement in 2023 amounled to £200,000. The revised arrangements for the management of global operations from 1 January 2025 are described in the Trustees, Annual Report During the year the Trustees donated an aggregate of £41.245 (2023.. £63,192) to the Charity. 16-