London Wildcare Trust Registered Charity 1087273 Trustees Report and Accounts FYE 31st March 2024 London Wildcare Trust - Trustees Re ort and Accounts FYE 31-03-2024 Admlnlstrative Informatlon Prlnclpal Address: Airport House Purley Way Croydon CRO OXZ Registered Charity Number 1087273 Trustees in office for the period Mr Christopher Brown Miss Diana Marchant Mr Edward Burden Mr lan Fowkes-smith Consulting Veterinary Surgeon Mrs Dallas Ferguson MRCVS & Associates Parkside Veterinary Centre 61 Ruskin Road Carshalton Surrey, SM5 3DD Bankers HSBC 176 Camden High Street London NWI 8QL Solicitors Eldridges & Co Head Off ice St James Street Newport low P030 ILG London Wildcare Trust - Trustees Re ort and Accounts FYE 31-03-2024 STRUCTURE GOVERNANCE & MANAGEMENT Constitution The Trust 15 constituted under a Deed of Trust executed on the 19th March 2001, amended by a Supplemental Deed executed on 14th May 2001 and a Supplemental Deed executed on the 25th February 2010. Governance The Charity 15 governed by the Trustees and formal meetings are held as required but not less than three times a year. In addition, the Trustees meet and communicate in person, by telephone and by email on a frequent basis and assist in aspects of the day to day operation as volunteers in different roles ranging from administrative support and wildlife care through to operational training and site maintenance. This allows to them to have a good working knowledge of the day to day life of the Charity whilst remaining able to perform the governance role with the required level of detachment. Trustees are appointed by invitation and an induction process is in place. Training for Trustees is provided in-house and regular interaction with new and existing Charity Commission published guidance is actively promoted. Rlsk Management The Trustees regularly review the activities of the charity and the risks that face it and implement strategies, policies and procedures as appropriate to negate or mitigate any such risks. Risks considered include, but are not limited to, legal, political, financial, environmental, veterinary and medical, employment and commercial considerations which may directly or indirectly affect the operation of the Charity in pursuit of its objects. Organisation The day to day management and operation of the Trust is carried out by the Founder, who serves as Director and Managing Trustee IDMT). The DMT is supported by the Trustees and a small team of volunteers, who assist with administration, planning, training and animal care and rescue operations. Public Benefit In England and Wales, registered Charities have a duty in law, under $4 of the Charities Act 2011, to demonstrate due regard to the published guidance of the Charity Commission concerning the Public benefit requirement established under that Act. The Public Benefit aim of the London Wildcare Trust is to promote the humane treatment of animals and the conservation and protection of the natural environment, including its fauna and flora, for the benefit of mankind and the species we share this planet with. This is achieved via the work carried out in furtherance of our aims and objectives. Aims and Objectlves The principal aim of the Trust is to provide for the rescue, treatment, rehabilitation and rehoming of both wild and domestic animals in need, by whatever means the Trustees deem most appropriate with the resource5 to hand. The other main aim of the Trust 15 to educate and inform in respect of the humane treatment of animals and the conservation of the natural environment. In support of these Aims and Objectives, the Trust operates a small, emergency triage and holding facility equipped with a treatment and diagnostics area together with an intensive care ward which can be used to accommodate both wild and domestic anima15 during short term periods of veterinary care and assessment. The caging and diagnostic equipment are of very high standard, equal to those that may be found in any modern veterinary practise. This site also houses our logistics depot and workshop, where our vehicles and equipment for assisting in specialist rescues are kept and maintained and where we keep and maintain the equipment used to manage our 3 acre nature reserve / wildlife release site. We also continue our programme of helping others working in the field of animal welfare through the provision of partnership working, equipment and advice. Achlevements and Notable Events As in previous years, we provided rescue, care and rehabilitation services for many larger species including foxes, badgers, swans and seabirds. We also assisted other grass roots organisations with technical support and mentoring, especially in respect of safe handling and triage methods for avian casualties during the repeated bird flu outbreaks. We expect this work to continue. Our work with domestic animals a150 continued with assistance being provided for several feral and stray cats and kittens. We also continued to offer our specialist search solution for escaped, nervous dogs that were reported missing for several days and provided training for others in respect of field-craft and search / recovery techniques Work continued on the development and maintenance of our freehold 3 acre nature reserve and release site, with numerous visiting {wild) animals to the site. Species included Badger, Fox, Stoat, Rabbit, Buzzard, Kestrel, Sparrowhawk, Pheasant, Partridge and numerous smaller birds, including Goldfinch, Jay and Green Woodpecker, all benefitting from the enhancements we continue to make to the habitat. Camera Traps recorded many birds and mammals using our feeding and water stations, especially in times of extreme weather. We continued our programme of soft release of birds and small mamma15 and post release monitoring was undertaken to evaluate assimilation of released animals into the wild. Our Legacy income continued to materialise, albeit at around half the value of the prior year, which sUPPOrted our previous decision to retain some of these funds to See if sufficient could be amassed so as to purchase a suitable freehold property with a view to once again establishing a larger animal welfare facility. This policy remains under continual review and any new facility will be dependent upon further legacy income as the Trustees do not wish to revert to soliciting funds from the public unless these plans can progress with certainty. No funds are being ring- fenced and the Trustees reserve the right to use all funds for our general purposes as required. In the meantime, as previously reported, we continue to carry out our day to day work using only those funds that arise from occasional legacies left to us by persons who were known personally to our founder. We have not solicited an ublic donations for over seven ears. London Wildcare Trust - Trustees Re ort and Accounts FYE 31-03-2024 FINANCIAL REVIEW Income & Expenditure Total income for the period was £103,668 Total expenses for the period were £36,979 Giving rise to a surplus of £66,689 Reserves Pollcy The Trustees aim to hold suff icient funds to operate the charity for a period of 6 months on the basis of normal anticipated expenditure. Although it is accepted that this may not always be possible, the policy is being met at the current time. This policy is kept under review and will be adjusted so as to hold 12 months funds in reserve if and when the Trustees deem it appropriate. Investment policy The Trustees hold a current and a reserve account with HSBC. The Trust does not have sufficient reserves to tie up in long term investments. If sufficient funds become available to consider making investments for the purposes of providing an income or capital return, it is the policy of the Trustees that appropriate professional advice will be sought. Trustees Responsibilltles Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity and of surplus or deficit for that period. In preparing these financial Statements, the trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent; Prepare the financial statement5 on the ongoing concern basis unless it is inappropriate to presume that the charity will continue to operate. The trustees are responsible for keerling proper accounting records which disclose with reasonable accuracy at the time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was pproved by the Trustees on 29th December 2024 by Chair of the Trustees- on behalf of the Trustees London Wildcare Trust - Trustees Re ort and Accounts FYE 31-03-2024 BALANCE SHEET AS AT 31 MARCH 2024 Item Notes FYE 31-03-23 FYE 31-03-23 Current Assets Cash at bank and in hand 434,932 368,242 Debtors (sums due to the charity within 12 months) Stocks and Investments 434 932 368 242 Liabillties Credltors lowed by the charity within 12 months) Net of Current Assets Llabilities 368 242 Flxed Assets Tangible Assets 216,608 225,210 Total Assets of the Charit 651540 593 452 Of Whlch Restricted/deslgnated The financial statements on pages 6 to 12 were approved by the Trustees on 29/12/2024 and signed on their behalf by Chair of the Trustees- on behalf of the Ti'ustees London Wildcare Trust - Trustees Re ort and Accounts FYE 31-03-2024 STATEMENT OF FINANCIAL ACTIVITIES Activity Note Unrestrlcted Funds £ Restrlcted Funds £ Total Funds £ Prlor Year £ Incomln Resources Voluntory Income Activitiesfor Generating Funds Investments & Bank Interest Sale of Assets Total Incoming resources 103,519 103,519 210,362 149 149 30 £103 668 £103 668 £213 392 Resources Ex ended Costs of Generating Voluntary Income Fundraising Trading Costs Charitable Activities Administration Costs Governance & LegGI Costs Purchase of Land & A55ets (Capitalised) 36,837 36,837 51, 774 142 142 254 21,514 Gross Resources Expended £36 979 £73 542 Net Resourtes Ex ended (Gross Expended Less Capitalised Assets) £36 979 £36 979 £52 028 Net Incomlng/Outgoing Resources before other recognlsed gains/losses +£66 689 +£66 689 +£161363 CASH AT BANK Balance blf at 0110412023 Income 01104123- 31103124 Gross Expenditure 01104/23 - 31103124 £368,242 + £103.668 - £36,979 £368242 + £103,668 - £36,979 £228,392 + £213,392 - £73,542 Final balance carried forward at 3110312024- cash at bank £434 931 £434 931 £368,242 Inde endent Examiner's Re ort to the Trustees on the Accounts of London Wildcare I report on the accounts of London Wildcare for the year ended 31 st March 2024. Res ective res onsibilities of the Trustees and Inde endent Examiner The Trustees are responsible for the prepdration of the accounts. The charity's trustees consider than an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 201 l Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Act 2011. follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act); and state whether particular matters have come to my attention. Basis of Inde endent Examiner's re ort My examination was carried out in accordance with the general directions given by the Charity Commission. An ¢xamination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a t￿e and fair view" and the report is limited to those matters set out in the statement below. Inde endent Examiner's statement In connection with my examination, no matter has come to my attention: l. Which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of the 201 l Act. and to prepare accounts which accord wtth the accounting records and to comply with the accounting requirements of the 2011 Act have not been met. or 2. To which, in my opinion, attention should be drawn in ordcr to enable a proper understanding of the accounts to be reached. -Lb I J M Marchbank AFA BA Hons SBC House, Restmoor Way, SM6 7AH London Wildcare Trust - Trustees Re ort and Accounts FYE 31-03-2024 NOTES TO THE FINANCIAL STATEMENTS ACCOUNTS l. Princi al Accountln Polices Basis of preparatlon The accounts I financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from l January 2015. Flxed Assets and Depreclatlon Assets are capitalised only if they have an anticipated use-life in excess of one year and a net cost in excess of £500. They are valued at Cost or, if gifted, at the value to the charity upon receipt. Owing to the destructive nature of wild animal casualties, new caging is not capitalised. Depreciation is applied on a fixed line basis at a rate of 20% per annum for vehicles and equipment. Freehold property is shown at its estimated market value, which may appreciate. Fundralslng and Donations Income All income resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of donations and gifts and is included in the Statement of Financial Activities when receivablc. - Grants which provide core fLmding of a general nature are included as voluntary income. Grants or other receipts which are specifically for the perforn]ance of a charitable service are included as income from charitable activities. Investment Income Bank interest is accounted for as it is received. The Charity has no investments in Stocks and Shares nor any other investments outside of its cash at bank. At the present time, the investment policy is to keep all cash at bank in accounts which provide immediate access without financial pena lty. This policy is kept under continual review and is subject to alteration in the event that sufficient resources become available to hold a wider investment portfolio. Legacies Receivable Legacies are accounted for once they are received or when there is reasonable certainty as to the value and expected date of receipt. Resources Expended Expenditure is recognised on an accruals basis as a liability is incU￿ed. Expenditure includes any VAT which is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incU￿¢d by the charity in the delivery of its activities. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include any legal or professional feeslcosts linked to the strategic management of the charity. Fund Accounting All income (including voluntary donations) is allocated to the general fL￿d unless otherwise restricted by the donor or specified by the Trustees. Restricted funds are funds where the donor has specifically restricted the purpose for which they can be used. The aim and use of each restricted fund is set out in the notes to the financial statements. Designated funds are expendable at the discretion of the Trustees in fLlltherance of the objects of the charity. Taxation The charity is a registered charity (number 1087273) and accordingly its income falls within the various exemptions available to registered charities. Income and Capital Gains Tax paid on donations has previously been reclaimed via the Gift Aid scheme from eligible donors and ieported in the SOFA. The Charity no longer solicits donations from private individuals and, accordingly, does not participate in the Gift Aid scheme. Volunteer Help The value of volunteer help received is not included in the financial statements but is recognized in the Trustees report 2. Accountin Period The Financial Year for the Trust operates from 1st April through to 31st March and thus the period here reported spans 1st April 2023 to 31st March 2024. 3. Anal sls of Incomin Resources and Resources Ex ended Actlvity Current Year £ Prior Year £ Incomin Resources General Donations Legacies Sale of Assets Gift Aid 1,008 102,307 1,085 209,944 Resources Ex ended Costs of Generating Voluntary Income Fundraising and PR Costs Note.. as the Trust no longer solicits donotions, ond hasn't done so for some time, these costs are now permanently reduced to zero Charitable Activltles Costs Animal Rescue, Vets & Housing Building Works- Clinic/Rehab unit Grants/Donations to other Organizations Purchase cost of rescue boats / vehicles / assets Purchase cost of Freehold Land / Premises Utilities, Vehicles and Premises Costs 30,183 39,497 3,050 200 21,514 6,654 7,528 Administration, Governance & Legal Costs Salaries Governance & legal 142 254 As previously reported, following the closure of our previous Animal Centre facility at Beddington Park, we ceased actively soliciting donations in 2016 and issued a public statement to this effect, which remains in force. Income continues to be mainly received thanks to on- going legacie513 this year} given by supporters of the Charity who were personally known to the Founder. This was added to by contributions from a small number of long term donors who have elected to retain their standing orders in our favour- the sum of which amounts to less than £l.Ik per annum. The Trustees remain very satisfied with the financial performance and position of the Trust and have sufficient resources and reserves to pursue our aims for the year ahead. 4. Stsff Costs The average number of employees during the year was O (Zero) (Prior year- 01. Total staff costs for the year, including salaries, Nl and Pensions were £0 Izerol (Prior year = £0) No employees received emoluments in excess of £50,000. No serving Trustees received remuneration from the Charity and no payments were made to Trustees by way of reimbursement for travel or other out of pocket expenses. 5, Tan ible Flxed Assets Vehicles, Plant & Equipment £ Freehold Land and Buildings £ Total Bought Forward from Prior Year 38,710 186,500 225,210 Additlons (+) Disposals {.) End of Year 38,710 186,500 225,210 Depreciation b/f 8,602 8,602 Balance c/f 30,108 186,500 216,608 Net Book Value at Year End 30,108 186,500 216,608 6. Debtors The Charity had no debtors at the Year End 7. Creditors The Charity had no creditors at the Year End. 8. Related Part Transactlons There were no related party transactions during the period reported on herein. 9. Other Financial Commltments At the Year End, the Trust had no short or long-term commitments. 10. Restrlrted and Desl nated Funds During the period in question, the Charity had no Restricted or Designated Funds. All income and expenditure for the year was allocated to, and drawn from, the general Unrestricted Fund.