REGISTERED COMPANY NUMBER: 4132695 (England and Wales)
REGISTERED CHARITY NUMBER: 1092293
SCO￿ISH CHARITY NUMBER: SC040004
REPORT OF THE TRUSTEES AND
CONSOLIDATED FINANCXAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
POR
BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
GMP Audit Limited, Statutory Auditor
82 High Street
Tenterden
Kent
TN30 6JG

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Page
Report of the Trustees
I to 11
Report of the Independent Audltors
12 to 14
Consolldated Statement of Financlal Actlvltles
15
Con$olldated Balance Sheet
16 to 17
Charlty Balance Sheet
18 to 19
Consolldated Cash Flow Statement
20
Notes to the Consolidated Cash Flow Statement
21
Notes to the Financial Statements
22 to 44

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial Statements of the charity for the year ended 3 1st December 2024. The trustees have
adopted the provision5 of 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 l January 20 19).
Message from the Chalr and Vice-chalr
We are pleased to present Buglife's Trustees, Report for 2024. This year has been transformative for our
organisation, marked by significant achievements and a steadfast commitment to addressing the global
biodiver51ty crisis. The planet continues to face an alarming decline in biodiversity. primarily driven by human
activities. The United Nations Blodiversity Conference (COP16> in Colombla in October 2024 underscored the
urgency of this crisis, revealing that nearly one million plant and animal species are at risk of extinction.
In the face of these challenges, Buglife remains resolute in Its mlssion to halt the extlnction of invertebrate
species and ensure their sustainable populations. Our efforts Sn 2024 have been multifaceted, focusing on
habitat restoration, policy advocacyi and community engagement. Here are some of our many achievements
In 2024..
B-Lines Expansion.. Our 8-Lines initiative has seen remarkable progress. In 2024. over 6,500 hectares have
been restored across the UK. with Buglife directly contributing nearly 110 hectares. Notably, the 'Get the
Marches 8uzzlng" project successfully restored over 60 hectares of grassland and heathland, benefltSng
specles such as the Dingy Skipper and Bilberry Bumblebee.
Important Invertebrate Areas (IIAS),. We h3ve now mapped 70 IIAS, providing detailed profiles to guide
conservation efforts. This includes a new collaboration with UK Overseas Territories like Anguilla and Bermuda
to develop prboritlzed networks for invertebrate conservation.
Light Pollution Advocacy.. Buglife has been at the forefront of campalgns addresslng light pollutlon. In 2024,
we successfully influenced the inclusion of light pollution considerations in the UK'S revised National Pollinator
strategy. Our 'Curtains for Light Pollution" campaign has raised public awareness, encouraging individuals and
nstitutlons to minimise artificial light exposure.
Chemical Pollution and PesticSde Regulation.. We continue to advocate for strlngent pestSclde regulatlons. A
significant achievement in 2024 was the UK government's commitment to prevent the use of neonicotinoids on
crops, aligning wlth our manifestO'5 objectives.
Guardians of Our Rlvers: This initiative has trained over 310 volunteers in freshwater invertebrate monitoring
across Scotland. Additionally, we conducted seven School workshops and engaged over 1,700
individuals through various events, promoting the importance of healthy river ecosystems.
Bugs Matter Citizen Science Survey.. In partnership with Kent Wildlife Trust, the 2024 survey saw data
collected from over 8,850 Journeys, covering over 250,000 miles. The data collected is crucial for
understanding trends in the abun(iance of flying insect populations, with comprehensive results to be
published in spring 2025.
Recognising Leadership and Looking Forward
As we advance Into 2025, Buglife is committed to amplifying our impact. We are actively exploring innovative
strategies and partnershlps to address the biodiversity crisis effectively. Our focus remains on translating global
conservation goals into actionable outcomes within the UK and beyond.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
During 2024 we began a restructure of our or9anisational leadership structure, moving from a traditional
CEO model to a modern Co-Leadership approach. Consequently, after two decades with Buglife, Matt
Shardlow has left his posltion. Matt has been an integral part of Buglife since its inception, demonstrating
unwavering commitment and passionate leadership. His dedication has been instrumental in shaping our
organisation into the respected and impactful charity it is today. We would like to wish our former CEO all the
best for the future.
Finally, we extend our deepest gratitude to our staff, trustees, volunteers, and supporters. Your unwavering
dedication Is the cornerstone of our success. Together, we will continue to champion the cause of
invertebrates and work tlrelessly to preserve the intricate web of life they support.
OBJECTIVES AND ACTIVITIES
Objectives and alms
Buglife's charitable purposes and mlsslon
Our purposes are..
(a) The study, protection and preservation from extinction of natural Invertebrate fauna by conserving them
In the wlld by such means as are available.
(bl To promote and sponsor scientlflc study and research into the habitats, diseases and Ilfe-cycles of such
Invertebrate fauna and in relation to modern agricultural, horticultural, industrial and human practices and
activities, and to di55eminate the results of such research as widely as possible.
(c) To promote the permanent preservatlon and sound management for the benefit of the publlc generally of
lands of ecological or other scientific importance with particular reference to invertebrate fauna.
Id) To foster Interest in governmental and voluntary bodies, educational establishments and the public
generally In problems concerning the conservatlon of natural Invertebrate fauna.
Our vision is for a wildlife-rich planet where other species thrive alongside people.
Our mission is to achieve Buglife's aims, we will work to stop the extinction of invertebrate species and to
achieve sustainable populations of invertebrates.
The outcomes sought by Buglife are lald out in a strategy (2021-2030) which was finalised in 2020. Three
intended outcomes are for a World that..
{a) Has room for invertebrates
Ib) Is safe for invertebrates
(c) Has friendlier relationships with invertebrates
In pursulng these outcomes, the Trustees have due regard to the Charlty Commission's guidance on public
benefit.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
OBJECTIVES AND ACTIVITIES
SlgnifÉcant activities
In line with the overarching principles, this report sets out to exemplify some of our main activities and
achievements in 2024 towards our three intended OLJtcomes.
l. Room for Invertebrates
8-Lines
B-Lines are 3km wide corridors connecting our best remaining wildflower-rich habitat, to focus natlonal efforts
to create and restore habitat for pollinators. B-Lines continues to successfully drive wildflower-rich habitat
creation across the UK. To date over 3,600 points of activlty have been captured on the B-Lines map,
representing over 6,500 hectares (ha). Buglife projects alone contributed nearly Iloha of new or restored
habitat for pollinators in 2024.
2024 saw Bugllfe secure funding for new B-Llnes projects including Aberdeen Nectar Networks that wlll
transform 8ha around the city. It saw some of 8uglife's most ambitious delivery projects to date get
underway, ir)cluding Life on the Edge in South Devon that will deliver 500ha of gra551and-scrub mosaic for
rare pollinators. while the successful Get the Marches Buzzing project wrapped up having delivered over 60ha
of grassland ènd brownfield heathland restoratlon. Meanwhile, 13 land management training events were
held. 540 people were trained in ecological survey techniques, and the online launch event for B-Lines
guldance for local authorities In England and Wale5 were attended by almost 300 people.
Important Invertebrate Areas
Important Invertebrate Areè5 IIIAS) are nationally or internationally important places for invertebrates and
their habitats. 2024 Saw the milestone being met of 70 IIAS being fine-scale mapped, alongside 40 publiclv
avallable profile resource5 which outline their key species, assemblages and habitats, and the associated
threats and opportunities.
The flne-scale mapped network has contlnued to be expanded in England and Scotland thanks to the help of
the recording community and local experts. A new GES Data Hub has made the mapped IIA network more
available to crucial stakeholders in ecological consultancy, conservation prioritisation, agriculture and planning
decision making.
Buglife also Inltiated the use of IIAS internationally, workSng wlth partners to advlse on the development of
their own prioritised networks for invertebrates. Thls includes working with four UK Overseas Territories
partners in An9uilla, Ascension, Bermuda and the Falkland Esland5 to develop IIAS as part of the 'Supporting
Atlantlc Territories Invertebrate Conservation, project. The project will help to direct the conservation actions
for endemic species for which the UK has an international responsibility.
Canvey WFck
Canvey Wick was the first SSSI notified specifically for its brownfield invertebrates and is Buglife's first Bug
Reserve, working closely with the RSP8 and Land Trust. The Canvey Wick Community Warden, funded by the
Ida Davis Foundation, has continued to connect the local community in South Essex with this brownfield wildlife
haven. In 2024, over 1,800 people were engaged at 7 1 events, working with families, schools, young people,
mental health support groups, older people, the art community, and corporate partners.
This includes supporting the ongoing restoration of flowery, open habitats ènd long-term aims to open the
entire 93ha site to the public. The succe55 of the project was acknowledged by Buglife's partners at the Land
Trust, with Canvey Wick voted 'Managing Partners Choice Awards Project of the Year, 3t the 'Annual Land
Trust Managing Partners Awards,.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Species Recovery
The Natural England funded 'Threatened Invertebrates project has continued to trial conservation solutions for
twelve of England's most threatened invertebrate species. Thi5 includes trialling the translocation of Narrow-
headed Ant 'mini nests, and releasing mated queens, developing new pheromone lure methodologie5 to deploy
in 2025, and surveying potential new sites for a host of species- with the known range of the Eyed Longhorn
beetle expanded In the East of England from project surveys in 2024.
The Species on the Edge programme, a collaboratlon between seven nature conservatlon organisations, has
contlnued to deliver conservation actions for threatened species on the coasts and islands of Scotland,
Conservation rearing of Tadpole Shrimp saw Iokg of egg-laden sediment spread on the Kircudbrightshire
coast to seed a new population, whlle new sltes were recorded for Short-necked Oil Beetle on Coll and Tiree,
nd Kidney Vetch sown for Small Blue Butterflies.
In Wale5, the Natur am Bythl Project has been undertaking essential survey and trainlng work to inform the
rest of the project. A new 51te was discovered for the Scarce Yellow Sally stonefly, whlle on the Swansea Bay
project weekly monltoring established for the Fen Raft Spider on the Tenant Canal and volunteer strained In
preparation for 2025 surveys for the Strandllne Beetle.
In Northern Ireland our Conservation Offlcer has been undertaking survey work to inform future conservation
action for threatened species found In Areas of Special Scientific Interest. This work, funded by the Northern
Ireland Environment Agency, will lead to a better understanding of what actions are required to ensure these
species can thrive in the future. Meanwhile, 2024 saw the confirmation that a beetle found in 2022 is new to
science- the intriguingly named Fence-climber Twiglet Weevil.
Outside of the UK, Buglife a150 confirmed Its role In an IUCN led European Commission project to support the
implementation of three European pollinator Species Action Plans- a vital step to reverse the declines for
some of Europe's most threatened pollinators.
2. Safe for Invertebrates
Llght Pollutlon
We have continued to lead campalgning actlon on light pollutlon through multiple initlatives at national,
European, and international levels. We have successfully pushed for light pollution to be considered in the UK'S
revlsed National Pollinator Strategy. with recognition from Ministers that light pollution is a driver of insect
declines. We participated in European meetings on light pollution, co-drafting scientific advice for EU
policymakers to Improve monitoring and regulation. Our International collaborations, such a5 part of the Dark
and Quiet Skies Advisory Group and the IUCN Firefly Specialist Group, continued to increase awareness.
In addition to policy advocacy, we have increased public engagement campaigns, including "Curtains for
Light Pollution,
encouraging individuals and institutions to consider our relationship with artificial light. We
played a key role in shaping presentations at COP16, highlighting the impact of light pollution on
biodiversity, and continue to drive discussions through the APPG for Dark Skies and European Council
initiatives. We have proposed a Light Pollution Taskforce through the IUCN SSC and are supportlng the
development of a coalition to coordinate UK-based efforts to influence publlc awareness and legislation.
Chemlcal Pollution
We continue to advocate for stronger pesticide regulations, particularly pushing for the long-delayed National
Pesticide Action Plan (NAP) to be comprehensive and consider pesticide use beyond agriculture. We maintain
regular engagement with Defra to discuss pesticide policy. A key win for our manifesto ask5 15 the new
Governments commitment to prevent the use of neonicotinoids on crops. We have supported the Pesticide
Collaboration's campaign for a nationwide ban on urban pesticide use, backing a private member's bill and
mplifying public awareness as well as supporting broader chemical regulation efforts, signing letters
advocating for stronger data safety requlrements and alignment with EU standards.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Our continued campaign to raise awareness about the environmental impact of veterinary medicines, has seen
us hold meetings with the Minister to explore solutions. Parliamentary briefings have influenced debates,
increasin9 awarene55. We have secured funding to develop a public awarene55 campaign about the
environmental impact of flea treatments.
Invaslve Non-natlve Specles (INNS)
A long-term Bu91ife ask was realised in the form of the INNS Inspectorate being made permanent.
We contlnue to push for the publication of overdue Pathway Action Plans (PaPs) and have met with the new
8iosecurity Minister to address delays and explore legislative actions. We have regularly contributed to
medla discussions on the risks of Yellow-legged Hornets, attended key working group meetings, and
challenged government delays in INN5 management.
We have collaborated with WCL and ScotLink on INNS reports to influence UK and Scottish government policies,
using these reports to raise awareness durlng INNS Week. We have briefed elected officials in debates in
Parllaments, ensuring INN5 issues remained on the political agenda. We are contributing to the development
of Scotland's INNS Action Plan, as well as the future direction of the England Working Group.
3. Friendller Relationships
Guardlans of our Rlvers
The Guardians of our Rlvers project is working wSth the Riverfly Partnership to train volunteers to
monitor freshwater invertebrate populations. In the past year the project ha5 trained over 310 volunteers,
from 19 monitoring groups from the far northwest of Scotland to the Scottish Borders. In addition, we ran
7 school workshops and attended 19 events engagbng over 1748 people. We have also been developing
the new Extended tralnlng materials and training ready for delivery In 2025.
Bugllfe has also helped wlth the development of the Riverwoods Snltlative which Is promotlng the planting of
tree5 along rivers and streams to shade and cool the water, We continue to monitor populations of the
Upland Summer Mayfly which are rapidly retreating upstream as water temperatures rSse,
Endemlc Invertebrates Report
Great Britain is home to 20 invertebrate species which are found nowhere else in the world. During 2024 we
undertook survey work for two of these species. A citizen survey of adult Northern February Red (Brachyptera
putata I ran between February and April, resulting in new records of this stonefly which is restricted to larger
rivers in the Scottish Highlands. We also undertook survey work on the Lundy Cabbage Flea Beetle (Psylliodes
luridipennis) which is restricted to the island of Lundy.
Understandlng Specles Recovery Needs
Buglife has supported two Natural England funded projects, Threatened Species Recovery Actions (TSRA) and
Species Evidence Base {SEB), which wlll help to support better outcomes for invertebrates in England.
Through the TSRA project, Buglife helped to develop detailed actlons for species of conservatlon Identified as
requiring targeted or tailored interventions. Much of this involved accessing the knowledge of national
species experts. Buglife similarly supported the SEB, a project to gather wide-ranging information and
evidence on over 1,000 invertebrate species to inform evidence-led decision making iri Natural England's
species recovery work. This will help to assess how the government's legally binding Species extinction
risk and abundance targets are being met.
In England Buglife has supported the developing network of Local Nature Recovery Strategies, including
producing generic resources on how to consider invertebrates properly in the proces5 and identifying suitable
pressures and measures for key habitats supporting invertebrates.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Bugs Matter
Bugs Matter is a citizen science survey, run by Buglife in partnership with Kent Wildlife Trust. The survey
collects data on the abundance of flying insects across the UK, and therefore on the health of our environment.
Participant5 record the number of insect splats on vehicle number plates a5 a marker of insect abundance,
During 2024, a total of 8,850 journeys were made, covering over 250,000 rniles. The full results of the survey
will be published In Sprlng 2025.
Volunteers
Volunteers have been active across the geographic span and activity breadth of the charity, for example in the
following areas of work:
Supporting our office activities
Delivering pollinator action in towns and cities
Recording biological data, for instance Northern February Red Stoneflies and Blue Ground Beetles
Monitoring their local rivers
Scrub clearance on heathland
Leading or advlsing on conservation Issues
We have several regular volunteers, but hundreds of people who help with projects and others who
contribute biological records. During the year we received over 4,333 hours of volunteer time. If these hours
were to be valued and Included within the Statement of Financial Activities, then the income and
corresponding costs would be £51,996.
Buglife has 36 formal member organisations, mostly Invertebrate specialist socleties or nature conservatlon
charitles. Working with our member organisatlons often helps the volunteers In those charities contribute
effectively to nature conservation activities.
ACHIEVEMENT AND PERFORMANCE
Fundralsing activities
We continue to review our Fundraisbng Pollcy, taking account of our experience. We do not use external
fundraising organisations. We are registered with the Fundraising Regulator.
We continue to explore ways of increasing unrestricted funds to complement our very successful project
work. This includes work on membership offers, ways of securing resources from members and 5UPPOrters
through additional services, crowdfundlng, applying for unrestricted grants and continuing to develop
relationships with corporate donors. We are also increasingly growing legacy income and investing in growing
this area. In 2024 we received significant unrestricted donations from Aurum, Charles Russell Speechleys
Foundation, Garfield Weston Foundation, Golden Bottle Trust, Gleeson, Taylor Wimpey and Statkraft.
The most substantial grant giver in support of our proj'ect and delivery work wa5 the National Lottery
Heritage Fund, and there was substantial support also received from Scottlsh Power Energy Networks,
Milkywire, Scottish Power Foundation, MW Topps, Natural England, Northern Ireland Environment Agency,
NatureScot, Natural Resources Wales and Peoples Postcode Lottery Dream Fund.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
FINANCIAL REVIEW
Flnancial activlty
Our project income has been growing strongly, and we are in our strongest ever position, we have already
secured project income for the next three years at or beyond the target level set for 2025 in the Busines5 Plan.
Restricted funding increased by 11.70/0 to £1,746,144 (2023.. £1,563,463) the charity successfully bid for a
variety of grants that has allowed it to expand and develop the range of project work it undertook during the
year.
Funds raised with no restrictions were £1,609,462 (2023: £771,983). This was up on the previous year by
108.5Vo due to the receipt of legacy funding.
Over the perlod total Income exceeded total expenditure by £537,78 1 (2023: £243,829).
Investment pollcy and objectlves
The trustees have the power to invest in such assets as they See fit.
The trustees have consSdered the most appropriate policy for investlng funds and utilise the CAF Investment
Platform to place deposlts of varying terms to ensure access to funds to support the timing of project
delivery. The flnanclal institutions selected are those that score best with their green credentials. Other
than in the current account the amount invested with any bank has been limited to £1 10,000 to minimise
risk.
Reserves pollcy and golng concern
The trustees have established a policy of maintaining a level of unrestricted reserves which ensures that there
are adequate funds to meet all current and known future1Sabilities.
The trustees have established a policy whereby the unrestrlcted funds not commltted or invested In tanglble
fixed assets (the free reserves> held by the charlty should normally be between 3 and 6 months of total Staff
and other core charlty expenditure. At the end of December 2024, free reserves stood at £1,103,854
equating to approximately 4. 7 months cover.
FUTURE PLANS
In 2020 Buglife produced a new strategy that runs from 2021 to 2030 and in 2021 a business plan for
2022-25. The business plan follows the themes set out in the strategy to make sure that there is more
'room for invertebrates, that the land is 'Safe for invertebrates, and that humans develop 'friendlier
relatlonships Wlth invertebrates,. The business plan includes over 180 aims and targets, including..
Secure an addltlonal 3,000 hectares filled with wlldflowers Wlthin B-Lines by the end of 2025,
start nine new specles recovery projects by the end of 2023.
Get traction with our campaigns and advocacy work on pesticides, light pollutlon, bi05ecurity, peat,
pharmaceuticals and vet meds.
Improve engagement of diverse groups of people with invertebrate conservation, with metrics developed
relating to membership and engagement with activitles by 2023.
Increase unrestricted income to £665K in 2025. This has already been acheived for 2024 and has been
revised for 2025.
Move all our internal systems and processes to a paperless basis by 2023.
To continue our good record of staff survey results, by maintaining 70010 of Scores above sector average,
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BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is governed by ils Memorandum and Articles of A55OCiation and the company was incorporated 29
December 2000. The Memorandum and Articles were last updated by special resolution on 24 June 2023. The
charity was registered with the Charity Commission (registered number 1092293) on 30 May 2002, with the
OSCR (registered number SC040004) in 2016 and has submitted an interest in registering with the Charity
Commission for Nl.
Recrultment, appolntment, Inductlon and tralnlng of trustees
Recruitment is carried out with reference to the Charity Commission's guidelines. Trustees are appointed at
the Annual General Meeting by ordinary resolution, but the Board can appoint additional or replacement
trustees du ring the course of the year. Trustees appointed by the Board hold office until the following Annual
General Meeting at which they are Subject to formal appointment,
Trustees can serve no more than 10 years. They will Subsequently be eliglble for re-appointment following
break of at least one year and may be co-opted by the Board at an earlier date If it Is deemed necessary to
retain their specialist skills.
We hold four Trustee meetin95 and the AGM during the year.
Inductions, training and on-golng support are provided to trustees to enable them to carry out their
duties effectlvely. Inductlons are planned for each new trustee, and each recelves a comprehensive
inductlon pack including a copy of the governing document, information on the charity's aims and
procedures and trustees, responsibilities and roles.
The Trustees have complied wlth the duty In section 4 of the 2006 Charities Act to have due regard to guidance
publlshed by the Charity Commission, including public benefit guidance.
Organlsational structure
Trustees set the policy, and control and monitor the trust's activities. Trustees delegate the day-to-dav
management and administration of the trust to the Senior Leadership Team.
This year marked a slgniflcant evolution In our organisational leadershlp structure. We are
transitlonlng from a traditional CEO model to a modern Co-Leadershlp approach, now led jointly by
our Director of Conservation and a newly created Dlrector of Transformation position. Additionally, we
strengthened our Senior Leadership Team by
incorporating the
Head
of Operations,
This
restructuring reflects our commitment to adaptlve governance and strategic growth.
The President and Vice Presidents are not ex-officio members of the Board and therefore have no voting rights.
They are not, however, precluded from being appointed trustees.
Related partles
None of our trustees receive remuneration or benefits from their work with the charity. Any connection between
a trustee or senior manager of the charity with a partner organisation or contracted individual or company
must be disclosed to the full board of trustees.
Buglife has 36 company member organi5ations, mainly invertebrate specialist societies or nature conservatlon
charitie5.
Buglife is a member of several umbrella bodies that discuss, determine and promote joint policies,
positions and activities. These include Invertebrate Link, Wildlife and Countryside Link, Scottish
Environment Link, Welsh Environment Link and the European Habitats Forum.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is part of Rethink Nature with four other species conservation charities who are generating joint
projects and initlatives and investlgating further ways to work more effectively in achievlng our
similar objectives.
Buglife Services is a wholly owned subsidiary company established to undertake our contract work, with any
surpluses earned being gifted to Buglife. Directors are appointed by the Board of Trustees
Pay pollcy for senlor staff
Payment of staff is based on a points-based system using Croner data linked to the average salaries for
comparable roles in charities in the same income and staffing level brackets, adjusted for the
environmental charity sector.
Rlsk management
The trustee5 have examined the major strateglc, business and operational risks which the charity faces and
conflrm that systems have been established to enable regular reports to be produced so that the necessary
steps can be taken to lessen these risks. The risk register is presented to the 8oard annually.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
4132695 (England and Wales)
Registered Charity number
1092293
Reglstered offlce
G,06
Allia Future Buslness Centre
London Road
Peterborough
PE2 8AN
Trustees
C J Spreadbury - Treasurer
Ms S Dawklns - Chair
R C Forster
Dr R S Hooper
Ms N Seale
M Johnston (resigned 241512024)
Ms W Brooks (resigned 311312025)
Ms E C Regan {resigned 281212025)
CEO (positlon made redundant July 2024)
Matt Shardlow
Co-Leadershlp (introduced July 2024)
Director of Conservation
Craig Macadam
Director of Transformation
Currently vacant
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Audltors
GMP Audit Limited, Statutory Auditor
82 High Street
Tenterden
Kent
TN30 6JG
Solicitors
Greenwoods
Monkstone House
City Road
Peterborough
PEI IJE
Presldent
Steve Backshall MBE
Emerltus President
Professor Germalne Greer
Vlce Presldents
Nick Baker
Alan Stubbs MBE
Maya Leonard
Gillian Burke
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BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Buglife The Invertebrate Conservation Trust for the purpose5 of
company law) are responsible for preparing the Report of the Trustees and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the trLtstees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application or
resources, including the income and expenditure, of the charitable company for that period. In preparing those
financial statements, the trustees are required to
select suitable accountlng policies and then apply them consistently.
observe the methods and principles in the Charity SORP,.
make Judgements and estimates that are reasonable and prudent.
prepare the financial statements on the going concern basls unless it is Inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any tlme the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguardlng the a55ets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
In so far as the trustees are aware,,
there Ss no relevant audlt Informatlon of which the charltable company's auditors are
unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audit information and to establish that the auditors are aware of that Information.
AUDITORS
The auditors, GMP Audit Limlted, Statutory Auditor, wlll be proposed for re-appointment at the forthcoming
Annval General Meeting.
Approved by order of the board of trustees on
and signed on it5 behalf by..
S Dawkins Trustee
Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
Opinlon
We have audited the financial statements of Buglife
The Invertebrate Conservation Trust (the 'parent
charitable company.) and its subsidiaries (the 'Group') for the year ended 3 1 December 2024 which comprise
the Group Statement of Financial Activities, the Group and Charity Balance Sheet, the Group Cash Flow
statement and note5 to the financial statements, including a summary of significant accounting policies. The
financial reporting framework that has been applied in thelr preparation is applicable law and Unlted Kingdom
Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
In our opbnion the financial statements:
give a true and fair view of the state of the Group's and parent's charltable company's affairs as at 31
December 2024 and of its incoming resources and application of resources, including it5 income and
expenditure, for the year then ended;
have been properly prepared in accordance with United Klngdom Generally Accepted AccoLtnting Practice,,
and
have been prepared in accordance with the requirement5 of the Companies Act 2006, the Cha rities and
Trustee Investment {Scotland) Act 2005 and Regulation 8 of the Charities Accounts {Scotland) Regulations
2006.
Basls for oplnion
We conducted our audit In accordance with International Standards on Auditing IUKI (ISAS (UK>I and
applicable law. Our responslbillties under those standards are further descrlbed in the Auditors,
responsibilities for the avdit of the financial statements section of our report. We are independent of the
Group in accordance with the ethical requlrements that are relevant to our audlt of the financial statements
in the UK, including the FRC'S Ethical Standard, and we have fulfllled our other ethical responsibilities In
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
approprlate to provide a basls for our opSnlon.
Concluslons relatlng to golng concern
In auditing the financial statements, we have concluded that the tru5tee5' use of the going concern basis of
aCCOL>nting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not Identifled any material uncertainties relating to events
or condltlons that, individually or collectively, may cast signlflcant doubt on the Group's ability to continue as
going concern for a period of at least twelve months from when the flnancial statements are authorised
for issue.
Our responslbllities and the responsibillties of the trustees with respect to golng concern are described in the
relevant sections of this report.
Other Informatlon
The trustee5 are responsible for the other information. The other information comprises the information
Included in the Annual Report, other than the financial statements and our Report of the Independent Auditors
thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility IS to read the other informatlon
an(J, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the audit or otherwise appear5 to be materially misstated. If
we identify such material inconsistencies or apparent material mi55tatements, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on
the work we have perforrned, we conclude that there is a material misstatement of this other information,
we are required to report that fact. We have nothing to report in this regard.
Page 12

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
Matters on which we are requlred to report by exception
We have nothing to report in respect of the following matters where the Charities {Accounts and Reports)
Regulations 2008 or Charlties Accounts (Scotland) Regulations 2006 requires us to report to you If, in our
opinion..
the information given In the Report of the Trustees is inconsistent in any materlal respect with the financial
statements; or
the charltable company has not kept adequate accounting record5; or
the flnancial statements are not in agreement with the accounting records and returns. or
we have not received all the information and explanations we require for our audit.
Responslbllltles of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the
directors of the parent charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for
such Internal control as the trustees determine is necessary to enable the preparation of financlal statements
that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assesslng the Group and
parent charitable company's ability to continue as a going concern, disclosing, as applicable, matter5
related to going concern and using the going concern basis of accountlng unless the trustees either intend to
1Squidate the Group or parent charitable company or to cease operations, or have no realistic alternative but
to do so.
Our responslbllltles for the audlt of the flnanclal Statements
We have been appointed as auditors under Section 144 of the Charitie5 Act 20 1 l and Section 44(1)Ic) of
the Charities and Trustee Investment (Scotlandl Act 2005 and report in accordance wlth the Act and
relevant re9ulatlons made or havlng effect thereunder.
Our objectives are to obtaln reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our oplnlon. Reasonable assurance is a hlgh level of assurance, but Is not a guarantee that an
audit conducted In accordance wlth ESAS (UK) wlll always detect a material misstatement when it exists.
MSsstatement5 can arise from fraud or error and are considered material if, Individually or in the aggregate,
they could reasonably be expected to Influence the economic decisions of users taken on the basis of these
flnanclal statements.
The extent to which our procedures are capable of detectlng Irregularities, including fraud Is detailed below..
Discussions with management which included consideration of known or suspected instance5 of
non-compliance with laws and regulations and fraud.
Reviewing, evaluating and testing systems and controls to assess their effectiveness to prevent and
detect irregularities.
Identifying, reviewing and testing of Journal entries.
Challenging assumptions and judgements made by management in respect of significant accounting
estimates.
Reviewing minutes of Board Meetings for known or suspected instances of non-compliance with laws
and regulations and fraud.
There are inherent limitations in the audit procedures described above and the further removed non-
compliance with laws an(i regulations is from that events and transactions reflected in the financial
Statements, the less likely we would become aware of it. Also, the risk of not detecting a material
misstatement due to fraud is higher than the risk of not detecting one due to error, as fraud may involve
deliberate concealment by, for example, forgery or Intentlonal misrepresentations, or through collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our
Report of the Independent Auditors.
Page 13

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
Use of our report
This report is made solely to the Group and parent charitable company's trustees. as a body, in accordance
with Part 4 of the Ch3ritie5 (Accounts and Reports) Regulations 2008 and Regulation 10 of the Charities
Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the
Group and parent charitable company's trustees those matters we are required to state to them in an
auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the Group and parent charitable company and the charitable
company's trustees as a body, for our audSt work, for this report, or for the opinions we have formed.
Date..
GMP Audlt Llmlted, Statutory Auditor
Eligible to act as an auditor in terms of Section 12 12 of the Companies Act 2006
82 High Street
Tenterden
Kent
TN30 6JG
Page 14

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restrlcted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,206,546
1,206,546
655,148
Charltable actlvltles
Practical Conservation
Education and Advocacy
Policy and Campaigning
Research, Survey & Advice
Fundraislng
688,834
523,262
25,373
485.424
23,251
688,834
523.262
25,373
757,234
23,251
594,459
552,921
99,372
346,302
53,469
271,810
Other tradin9 activities
Investment income
88,291
88,291
Total
1 609 462
1 746 144
3 355 606
2 335 466
EXPENDITURE ON
Raislng funds
118,392
93,381
211,773
127,948
Charltable actlvltles
Practical Conservation
Education and Advocacy
Policy and CampaignSng
Research, Survey & Advice
134,195
186,425
414,513
397,918
387,152
413,624
59,461
553,636
521,347
600,049
473,974
951,554
638,102
552,431
303,343
469,813
Other trading actlvitles
Total
1 310 571
1 507 254
2 817 825
2 091 637
NET INCOME
298,891
238,890
537,781
243,829
RECONCILIATION OF FUNDS
Total funds brought forward
804,963
572,691
1,377,654
1,133,825
TOTAL FUNDS CARRIED FORWARD
1,103,854
811,581
1,915,435
1,377,654
The notes form part of these financlal statements
Page 15

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
CONSOLIDATED BALANCE SHEET
31ST DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
14
6,100
6,100
7,578
CURRENT ASSETS
Debtors
Cash at bank
16
571,197
822 181
448,334
1 049 031
1,019,531
1 871 212
563,260
1 207 839
1,393,378
1,497,365
2,890,743
1,771,099
CREDITORS
Amounts falling due within one year
17
(295,624) (685,784) (981,4081
(401,023)
NET CURRENT ASSETS
1 097 754
811 581
1 909 335
1 370 076
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,103,854
811,581
1,915,435
1,377,654
NET ASSETS
1 103 854
811 581
1 915 435
1 377 654
FUNDS
Unrestricted funds
Restricted funds
19
1,103,854
811 581
804.963
572 691
TOTAL FUNDS
1 915 435
1 377 654
The Group and parent charitable company is entitled to exemption from audit under Section 477 of the
Companies Act 2006 for the year ended 315t December 2024.
The members have not deposited notice, pursuant to Section 476 of the Companles Act 2006 requiring an
audit of these financial statements.
The trustees acknowledge their responsibilities for
(a)
ensuring that the char￿table company keeps accounting records that comply wlth Sections 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
(b)
These financial statements have been audited under the requirements of Section 145 of the Charities Act
2011 and Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005.)
The notes form part of these financial statements
Page 16
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
CONSOLIDATED BALANCE SHEET - contlnued
31ST DECEMBER 2024
These flnancial statements have been prepared in accordance wlth the provisions applicable to charltable
companies subject to the small companies regime.
The financial statements
ere approved by the Board of Trustees and authorised for Sssue on
S Dawkin5 - Trustee
Spreadbury Trustee
The notes form part of these financlal statements
Page 17

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
CHARITY BALANCE SHEET
31ST DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
Investments
14
15
6,100
loo
6.100
loo
7,578
loo
6,200
6,200
7,678
CURRENT ASSETS
Debtors
Cash at bank
16
558,011
750 376
448,334
1 049 031
1,006,345
1 799 407
587,208
1 183 792
1,308,387
1,497,365
2,805,752
1,771,000
CREDITORS
Amounts falllng due within one year
17
(210,733) (685.784) (896,517}
(401,011)
NET CURRENT ASSETS
1 097 654
811 581
1 909 235
1 369 989
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,103,854
811,581
1,915,435
1,377,667
NET ASSETS
1 103 854
811 581
1 915 435
1 377 667
FUNDS
Unrestricted funds
Restricted funds
19
1,103,854
811 581
804,976
572 691
TOTAL FUNDS
1 915 435
1 377 667
The charitable company Is entitled to exemption from audlt under Sectlon 477 of the Companles Act 2006 for
the year ended 31st December 2024.
The members have not deposlted notlce, pursuant to Sectlon 476 of the Companles Act 2006 requiring an
audit of these financial statements.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the State of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirernents of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
These financial statements have been audited under the requirernenl5 of Section 145 of the Charities Act
2011 and Section 44(1) Ic) of the Charities and Trustee Investment (Scotland) Act 2005.
(bl
The notes form part of these financial statements
Page 18

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
CHARITY BALANCE SHEET - continued
31ST DECEMBER 2024
These financial statements have been prepared in accordance with the provlsions applicable to charitable
companies subject to the small companies regime.
The flnancial statements yere approved by the Board of Trustees and authorised for issue on
..12..lu&y..aQA.%.... and were signed on its behalf by:
S Dawkins Trustee
preadbury - Trustee
The notes form part of these financial statements
Page 19

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST DECEMBER 2024
2024
2023
Notes
Cash flows from operating activitles
Cash generated from operations
626 322
355 408
Net cash provided byllused in) operating activities
626 322
355 408)
Cash flows from Investing actlvltles
Purchase of tangible fixed assets
Interest received
(3,754)
(4,098)
Net cash provided by investing activities
Change In cash and cash equlvalents
In the reporting period
Cash and cash equivalents at the
beginnlng of the reporting perlod
663,373
(327, 715)
1 207 839
1 535 554
Cash and cash equlvalents at the
end of the reportlng perlod
1 871 212
1 207 839
The notes form part of these financial statements
Page 20

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST DECEMBER 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net income for the reporting perlod (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Increase in debtors
Increase/{decrease} in creditors
537,781
243,829
5,231
{40,805)
(456,271)
580 386
4,813
(31,791)
(235,202)
337 057
Net cash provlded byl(used in) operations
626 322
355 408
ANALYSIS OF CASH AND CASH EQUZVALENTS
2024
2023
Notice deposits {le55 than 3 months)
1,871,212
1,207,839
Total cash and cash equivalents
1 871 212
1 207 839
ANALYSIS OF CHANGES IN NET FUNDS
At 111124
Cash flow At 31112124
Net cash
Cash at bank
1 207 839
663 373
1 871 212
Total
1 207 839
663 373
1 871 212
The notes form part of these hnancial statements
Page 21

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
STATUTORY INFORMATION
Buglife
The Invertebrate Conservation Trust is a private charitable company Ilmlted by guarantee,
registered in England and Wales. The company's registered number and registered offlce address can
be found in the reference and administrative details In the Report of the Trustees.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which Is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP (FRS 1021 '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 Lreland (FRS 102) (effective I
January 2019),, Financial Reporting Standard 102 'The Financlal Reporting Standard applicable In the
UK and Republlc of Ireland, and the Companies Act 2006. The financial statements have been prepared
under the historical cost convention.
Preparatlon of accounts on a golng concern basis
The trustees reported a cash inflow of £663,373 for the year. The trustees are of the vlew that the
charity will continue for the next 12 months.
Income
Income is recognised when the charlty has entitlement to the funds, any performance conditlons
attached to the Item(51 of income will be received and the amount can be measured reliably and is not
deferred.
Income from grants is recognised when the charlty has entitlement to the funds, any performance
condltlons attached to the grants have been met, it Is probable that the income will be received and the
amount can be measured reliably and Is not deferred.
For legacies, entitlement Is taken as the earller of the date on which either: the charity is aware
that probate has been granted, the estate has been finalised and notification has been made by
the executorls) to the Trust that a distribution will be made, or when a distribution is received from
the estate. Receipt of a legacy, in whole or In part, is only considered probable when the amount
can be measured rellably and the charity has been notified of the executor's intention to make
distribution. Where legacies have been nollfled to the charity, or the charity is aware of the granting of
probate, and the criteria foe income recognition have not been met, then the legacy is treated as a
contingent asset and disclosed if material.
Interest recelvable
Interest on funds held on deposlt is Included when receivable and the amount can be measured reliably
by the charity; this 15 normally upon notification of the Interest paid or payable by the Bank.
Expendlture
Expenditure is recognised once there is a legal or constructive obligation to make payment to a thlrd
party, it is probable that settlement will be required and the amount of the obligation can be
measured reliably. Expenditure is classified under the following activity headings:
Costs of raising funds comprise the costs of fundraising.
Expenditure on charitable activities includes the costs of practical conservation, education
and advocacy, policy and campalgning, research and survey and advice and thelr associated
support costs.
other expenditure represents those items nol falling into any other heading.
Page 22
continued...

BUGLIFE - THE INVERTEBRATE CONseRVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POLICIES - continued
Expenditure
Government grants
Government grants are treated the same as other restricted grants and the income is recognised on the
same basis as described above. Expenses are recognised in accordance wlth the above policy.
Support Costs
The allocation of support and governance costs is based on the staff costs allocated to..
Practical conservation
Education and advocacv
Policy and campaignlng
Research, survey and advice
Fundraising
Apportlonment of costs between projects
Where a cost 15 attributable to a specific project the cost Is allocated to that project.
Where a cost Is attributed to two or more project, the cost Is apportioned between the approprlate
projects. Wages are apportioned between projects based upon the budgeted time required at the
outset of each project.
Tangible fixed assets
Tangible fixed assets over £500 and for non-project activities are stated at cost less depreclatlon.
Depreciation Is provlded at rates calculated to write off the cost less estimated resldual value of each
asset over it's useful life, as follows:
Computer equipment
Fixtures, fittings and equlpment
straight line basis over three years
straight line basis over three years
Taxation
The charity Is exempt from corporation tax on its charitable activitles.
Fund accounting
Unrestricted funds can be used In accordance with the charitable objectlves at the dlscretlon of the
trustees.
Funds obtained for specific projects are allocated to the Restricted Fund under the terms of the grant
or donation. Any Restricted Fund project deficits are covered by a transfer from the Unrestricted Fund.
The Designated Fund was set up for the purpose of setting aside funds to cover project spending not
met by the grantee and this fund is now not considered necessary.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
Statements.
Operatin9 leases
The charity classifies the Ilcence of the building from which it operates as an operatlng lease,. the title
to the property remains with the licencee.
Rental charges are charged on a straight line basis over the term of the lease.
Page 23
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POLICIES - continued
Donated servlces
Donated professional services have been assessed and valued in note 4 to the accounts.
Financlal Instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are Inltlally recognised at transactlon value and subsequently
measured at thelr settlement value.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and In hand
Cash at bank and cash In hand includes cash and short term highly Ilquid investments with a short
maturity of twelve months or less from the date of acquisition or opening of the deposlt or similar
account.
Creditors
Creditors and provlsions are recognSsed where the charlty ha5 a present obllgation resultlng from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligatlon can be measured or estimated reliably. Creditors and provisions are normally recogn5sed at
their settlement amount after allowing for any trade discounts.
Penslon costs and other post-retlrement beneflts
The charitable company operates a defined contributlon pensSon scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Actlvlties in the period
to which they relate.
Investments
Investment5 in subsidiaries are measured at cost less accumulated impairment.
DONATIONS AND LEGACIES
2024
2023
Donations
Legacies
Grants
Subscriptions
84,081
579,639
418,184
124 779
197,400
44,010
287,301
126 437
1 206 683
655 148
Donated Services
Bugl￿fe obtains considerable support from volunteer5. During the year we received 4,333 hours (2023
4,9941 in voluntary contribution5 ranging from individuals volunteering for practical conservation
projects to scientlsts, overseas volunteers, managerial volunteers, students, survey workers,
administrators and researchers. If these hours were to be valued and included within the Statement of
Financlal Activities then the income and corresponding cost5 would be £5 1,996 (2023 - £57,43 1).
Page 24
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
OTHER TRADING ACTIVITIES
2024
2023
Trading activities
INVESTMENT INCOME
2024
2023
Rents received
Deposlt account Interest
2,010
2,004
INCOME FROM CHARITABLE ACTIVITIES
Education
Policy
and
and
Advocacy Campaignlng
Practical
ConservatSon
Grants
Donations
Consultancy
671,358
11,819
458,406
37,221
25,373
688 834
523 262
2024
2023
Research,
Survey &
Advice
Total
activitles
Total
activitles
Fundralslng
Grants
Donations
Consultancy
Other Income
399,592
58,487
27,352
271 803
23,251
1,577,980
107,527
60,644
271 803
1,333,727
134.596
95.160
757 234
2 017 954
1 646 523
Grants received, included in the above, are as follows..
2024
2023
Action for Northern Ireland'5 Invertebrate5
Neath Port Talbot - BLine5
West Lothian'5 Buzzing
Falkirk Peatland Project
SEAMS School Projects
London B-Lines
Natur am Byth Swansea Bay
Natur am Byth Yellow Sally
12,520
65,840
2,368
152,908
1,508
56,90Q
15,839
1,624
4,349
248.219
42,560
Carried forward
296,752
314,191
Page 25
continued...

BUGLZFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
INCOME FROM CHARITABLE ACTIVITIES - continued
2024
2023
8rought forward
North Cornwall B-Lines
Naturescot 21-22
Changing Chalk
Milkywlre Insect Superhighways
Canvey Wick Community Warden
Get The Marches Buzzing
Pollcy Advocacy
Belfast Buzzing
NaB Eryri
NaB Marshes
NaB Llyn/Ynys Mon
Na8 Shrill Carder Beetle
Newport Pollinator Project
Space4Nature
Cardiff Council LPfN
strathmore B-Llnes
Guardians of our Rivers
Nl Coastal Invertebrates
NaB Swansea Bay- Delivery
NaB Scarce Yellow Sally - Delivery
Life on the edge Sth Devon
Get Kings Lynn Buzzing
Connecting the Carmarthenshire
Coast Scotland.. Saving the small
things Pollinator5 Along the Tweed
Strathspey Diptera Review
Supporting Atlantlc Terrltorles
Middlewick Ranges
NaB Marshes
Nab Llyn/Ynys Mon
NaB Shrill Carder Beetle
Kernow Wyls
The Midlands Crayfish Partnership
West Midland Crayfish Partnership
Coal Spoil Connections
NW Development Project
Guardians of our Rivers.. Next step
Aberdeen B-Lines
296,752
314,191
28,216
1,286
29,396
123,713
25,398
116,549
87,000
74,003
154
647
(909)
388
2,465
93,026
9,675
91,484
127,105
31,314
11,066
3,399
1,440
8. 900
2,834
7,000
127,137
16,850
37,632
77,504
5,197
91,227
19,775
93,026
26,108
37,962
10,874
39,954
117,786
52,481
78,823
78,774
103,468
17,622
907
2,495
3,237
76,809
65,136
59,430
58,893
14,547
19,013
92,548
1 577 980
1 333 727
Page 26
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
FUNDRAISING COSTS
2024
2023
Ralsing donatlons and legacies
211 773
127 948
CHARITABLE ACTIVITIES COSTS
Support
COSts (see
note 9)
Direct
Costs
Tota15
Practlcal Conservation
Education and Advocacy
Policy and Campaigning
Research, Survey & Advice
521,202
599,286
473,665
923 931
145
763
309
521,347
600,049
473,974
951 554
2 518 084
2 546 924
Direct costs consists of salary cost5 and other direct cost5 comprising of consultancy charge5,
contractors, equipment and materlals, and project recharges of general support and fundraising costs.
SUPPORT COSTS
General
support
costs
Governance
COSts
Totals
Practical Conservation
Education and Advocacy
Policy and Campaigning
Research, Survey & Advice
145
763
309
145
763
309
Page 27
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
SUPPORT COSTS - continued
The Trust initlally identifies the costs of its support functions. It then identifies those costs which relate
to the governance function. Having identified its governance costs, the remaining SUPPOrt costs together
with the governance costs are apportioned between fundraising and the four key charitable activities.
10. NET INCOME/(EXPENDITURE)
Net income/(expenditurel is stated after charging/(crediting):
2024
2023
Auditors, remuneration
Depreciation - owned assets
Other operating leases
14,476
5,232
12,178
4,813
11. TRUSTEES, REMUNERATION AND BENEFITS
The charlty trustees were not pald and did not recelve any other beneflts from employment wlth the
Trust or Its subsidiary In the year {2023: Nil).
Trustees, expenses
Trustee5 are entitled to reimbursement for expenses incurred on behalf of the charity. During the year
two trustees were reimbursed a total of £ 157 (2023: NII) which related to travel and subsistence. No
charlty trustees received payment for professional or other services Supplied to the charity (2023: Nil).
12. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Pension costs
1,517,630
141,876
1,095,386
93,827
1 750 496
1 254 565
Pension cost5 are allocated to activitie5 in proportion to the related staffing costs incurred and are wholly
charged to unrestricted funds.
The average monthly head count was 49 staff12023'. 54 staff) and the average monthly number of full-
time equivalent employees (including casual and part time staff) during the year wa5 as follows:
Page 28
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
12.
STAFF COSTS - contlnued
The average monthly number of employees during the year was as follows.,
2024
32
2023
27
Con5ervationleducation/policy/research
Fundraising
Administratlon & Facilities
Finance
41
33
The number of employee5 whose employee benefits {exclLsding employer pension costs) exceeded
£60,000 was..
2024
2023
£60,001 £70,000
£70.001 - £80,000
£90,001 - £100,000
Pension contributions on behalf on these staff members during the year were £16,879 (2023.. £6,237)
KEY MANAGEMENT PERSONNEL
The key management personnel of the parent charityi the trust, comprise the trustees and the Chief
Executlve Officer, Conservation Director, Fundraising and Communications Director, Director of
Finance, Director of Human Resources and Head of Operations. The total employee benefits of the
key managernent personnel of the trust were £434,896 {2023'. £287,903).
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIE5
Unrestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
655,148
655,148
Charltable actlvlties
Practical Conservation
Education and Advocacy
Policy and Campaigning
Research, Survey & Advice
Fundraising
594,459
552,921
99,372
263,262
53,469
594,459
552,921
99,372
346,302
53,469
83,040
Lnvestment income
Total
771 983
1 563 483
2 335 466
EXPENDITURE ON
Raising funds
72,176
55,772
127,948
Page 29
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
funds
Total
funds
Charitable activities
Practlcal Conservation
Education and Advocacy
Policy and Campaigning
Research, Survey & Advice
Fundraislng
80,458
113,189
252,939
220,547
557.644
439,242
50,404
249,266
638,102
552,431
303,343
469,813
Total
739 309
1 352 328
2 091 637
NET INCOME
32,674
211,155
243,829
RECONCILIATION OF FUNDS
Total funds brought forward
772,290
361,535
1,133,825
TOTAL FUNDS CARRIED FORWARD
804 964
572 690
1 377 654
14. TANGIBLE FIXED ASSETS
Group and Charity
Flxtures and
fittings
Computer
equipment
Totals
COST
At 1st January 2024
Additions
10,580
14,729
25,309
At 31st December 2024
DEPRECIATION
At 1st January 2024
Charge for year
9,227
8,504
17,731
At 31st December 2024
NET BOOK VALUE
At 31st December 2024
At 31st December 2023
Page 30
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
15.
FIXED ASSET INVESTMENTS
Charltv
Shares in
group
undertaking
MARKET VALUE
At 1st January 2024 and
31st December 2024
loo
NET BOOK VALUE
At 31st December 2024
loo
At 31st December 2023
loo
There were no Investment assets outslde the UK.
The charlty holds 100 shares of £ l each in its wholly owned trading subsidlary company Buglife SeNlces
Limited (Cornpany number.. 9265752) which is incorporated in the United Kingdom. These are the only
shares allotted, called up and fully paid,
The summary of turnover and expenditure of Bugllfe ServSces for 31 December 2024 Is as follows:
2024
2023
Turnover
Cost of sales and administration costs
Donation from the charity
88,291
(88, 154)
(96)
96
Net Profit
Amounts glft aided to the charity
137
Retalned in subsidiary
The aggregate of assets ond liabilitle5 for Buglife Servlces Ltd for 3 1 December 2024 is as follows..
2024
2023
Flxed assets
Current assets
Current liabilities
109,076
108 0761
24,047
Total net assets
loo
loo
Aggregate share capital and reserves
loo
loo
Page 31
contlnued.

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Group
Other debtors
Prepayments
979,091
542,618
1 019 531
563 260
2024
2023
Charlty
Other debtors
Prepayments
965,905
542,618
1 006 345
563 260
17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Group
Trade credltors
Accruals and deferred income
Accrued expenses
118,559
593,030
269 819
40,796
282,219
981 408
401 023
2024
2023
Charity
Trade creditors
Accruals and deferred income
Accrued expenses
66,348
593,030
237 139
40,796
282,219
896 517
401 023
Deferred income comprises grants received for projects where the entitlement had not yet been secured
by fulfilling all conditions of the grant
18.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Page 32
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31112124
At 111124
Unrestricted funds
General fund
804,963
298,891
1,103,854
Restrlcted funds
Biodiversity Action
Swanscombe
B-Llnes
Changing Chalk
London B-Lines
Canvey W5ck
Blue Ground Beetle
Neath Port Talbot - B-Lines
Farm Advice
West Lothlèn's Buzzing
Falkirk's Pollinator Way
Falkirk Peatland Project
Northern February Red
Pollinators Along The Tweed
strathmore B-Lines
Milkywlre Insect Superhighways
Canvey Wick Community Warden
Get The Marches Buzzing
Policy Advocacy
Belfast Buzzing
NaB Marshes
NaB Llynlynys Mon
NaB Shrill Carder Beetle
Space4Nature
Cardiff Council LPfN
Guardians of our Rivers
Swanscombe Crowd Justice
IIA - Green Match Fund
Lochrosque Peatland Survey
Life on the Edge
Strathspey Diptera Review
Scotland - Saving the Small Things
NI Coastal Invertebrates
NaB Swansea Bay - Delivery
NaB Scarce Yellow Sally - Delivery
Restore the Thaw
Connecting the Carmarthenshire Coast
Species on the Edge
NE Threatened Species Recovery actions
Supporting Atlantic Territories
Middlewick Ranges
Kernow Wyls
The Midlands Crayfish Partnership
West Nidland Crayfish Partnership
Oil Beetle
10,000
1,495
88,594
13,345
16,204
I,ioo
1,307
6,868
(275)
1,458
153
58,845
1,964
87,400
14,503
438
8,038
7,576
50,419
11,395
10,000
1,495
56,329
15,017
9,717
I,ioo
{32,265)
1,672
(6,487)
(1,307)
(6,868)
2,441
(681)
(153)
207,905
2,166
777
266,750
1,964
73,893
(13,507)
{14,503)
(422)
(3,542)
(7,576)
(51,668)
(11,395)
190
136
(i)
11,114
46
(65,939)
16
4,496
(1,249)
190
136
(i)
14,579
96
3,241
49,013
1,417
3,465
50
69,180
49,013
6,285
50
343
15,449
40,559
(193)
1,089
316
(18)
(4,868)
(50)
(2,850)
(1,188)
(13,432)
193
(918)
10,564
(2,507)
14,261
27,127
171
10,880
(18)
3,143
10,674
3,143
9,409
(5,011)
29,899
16,422
50,132
46,814
19,937
5,516
1,265
5,011
29,899
16,422
50,132
46,814
19,937
5,516
Page 33
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19. MOVEMENT IN FUNDS - continued
Coal Spoil Connections
NW Development Project
Scottish Invertebrates
Guardians of our Rivers.. Next Step
Aberdeen B-Lines
3,795
7,533
10,353
20.929
3,795
7,533
10,353
20,929
572 691
238 890
811 581
TOTAL FUNDS
1 377 654
537 781
1 915 435
Page 34
continued..-

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - contlnued
Net movement in funds, included In the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
1,609,599 (1,310,708)
298,891
Restricted funds
B-Lines
Changlng Chalk
London 8-Lines
AWT B-Lines
81ue Ground Beetle
Neath Port Talbot - Blines
Farm Advice
West Lothian's BuzzSng
Falklrk's Pollinator Way
Falkirk Peatland Project
Pollinators Along The Tweed
strathmore 8-Lines
Milkywire Insect Superhighways
Canvey Wick Community Warden
Get The Marches Buzzing
Policy Advocacy
Belfast Buzzing
NaB Marshes
NaB Llynlynys Mon
NaB Shrlll Carder Beetle
Space4Nature
Cardiff Council LPfN
Guardians of our Rivers
IIA - Green Match Fund
Lochrosque Peatland Survey
Life on the Edge
Strathspey Diptera Review
Scotland - Saving the Small Things
Nl Coastal Invertebrates
NaB Swansea Bay - Delivery
NaB Scarce Yellow Sally - Delivery
Restore the Thaw
Connecting the Carmarthenshire Coast
Species on the Edge
NE Threatened Species Recovery Actions
Supporting Atlantic Territories
Middlewick Ranges
Kernow Wyls
The Midlands Crayfish Partnership
West Midland Crayfish Partnership
Oil Beetle
Coal Spoil Connections
NW Development Project
2,735
37,682
42,610
2,762
584
1,624
5,189
4,348
(35,000)
(36,010)
(49,097)
(2,762)
(1,891)
(8,492)
(2,748)
(5,029)
(153)
(40,314)
(92,280)
(52,465)
(77,925)
(36,715)
(142,533)
(51,668)
(31,269)
(717)
(2,359)
(3,238)
(86,612)
{26,063)
{87,610)
(4,868)
(50)
(116,673)
{1,188)
(13,507)
(39,761)
{118,703)
(51,701)
(1,066)
(4,773)
(9,098)
(9,992)
(73,569)
(1,200)
{35,701)
{18,322)
(39,493)
(317)
(55,097)
{7,014)
(32,265)
1,672
(6,487)
(1,307)
{6,868)
2,441
(681)
(153)
207,905
(13,507)
(14,503)
(422)
(3,542)
(7,576)
(51,668)
(11,395)
190
136
(i)
11,114
46
(65,939)
(4,868)
(50)
(2,850)
(1,188)
(13,432)
193
(918)
10.564
248,219
78,773
37,962
77,503
33,173
134,957
19,874
907
2,495
3,237
97,726
26,109
21,671
113,823
75
39,954
117,785
62,265
1,066
7,916
18,507
4,981
103,468
17,622
85,833
65,136
59,430
5,833
58,892
14,547
3.143
9.409
(5,011)
29,899
16,422
50,132
46,814
19,937
5,516
3,795
7,533
Page 35
continued.-.

UGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - continued
Scottish Invertebrates
Guardians of our Rivers: Next Step
Aberdeen B-Lines
17,297
24,013
(6,944)
(3,084)
70 698)
10,353
20,929
1 746 144
1 507 254)
238 890
TOTAL FUNDS
537 781
Page 36
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19. MOVEMENT IN FUNDS - continued
Comparatives for movement In funds
Net
movement
in funds
At
31112123
At 1/1123
Unrestrlcted funds
General fund
772,290
32,673
804,963
Restrlcted funds
Biodiversity Action
Ladybird Splder
Swanscombe
B-Lines
Changing Chalk
IIA Suffolk
MOD B-Lines
London B-Lines
Action For N.1. Invertebrates
Canvey Wick
AWT B-Lines
Blue Ground Beetle
Neath Port Talbot - Blines
Natur am Byth Swansea Bay
Natur am Byth Yellow Sally
Newport Pollinator Project
Farm Advice
Nortth Cornwall B-Lines
West Lothian's 8uzzlng
Falkirk's Pollinator Wav
Falkirk Peatland Project
SEAMS School Projects
Northern February Red
Pollinators Along The Tweed
Naturescot 21-22
Strathmore B-Lines
MilkywSre Insect Superhighways
Canvey Wick Community Warden
Get The Marches Buzzing
Policy Advocacy
Belfast Buzzing
Na8 Eryri
NaB Marshes
NaB Llyn/Ynys Mon
Space4Nature
Cardiff Council LPfN
Guardlans of our River5
Swanscombe Crowd Justice
IIA - Green Match Fund
Lochrosque Peatland Survey
Life on the Edge
Strathspey Diptera Review
10,000
116
1,803
39,663
21,426
3,050
1,542
3,900
862
I,ioo
540
2,340
5,888
(4,187)
859
16,182
1,019
(898)
1,458
2,047
95,475
4,241
1,964
24,806
350
1,735
37
10,000
(1161
1308)
48,931
18,081)
{3,050)
{1,542)
12,304
1862)
1,495
88,594
13,345
16,204
I,ioo
(540)
(1,033)
980
4,187
(8591
(16.182)
11.294)
898
1,307
6,868
(275)
1,458
153
58,845
11.894)
(36,630)
{4,241)
1,964
87,400
62,594
(350)
12,768
401
8,038
(354)
50,419
10,806
1292)
(47)
(16)
(15,710)
26
55,399
(143)
(16,717)
14,503
438
8,038
7,576
50,419
11,395
7,930
589
292
47
16
19,175
24
13,781
49,156
23,002
50
6,230
3,465
50
69,180
49,013
6,285
50
343
15,449
(5,887)
15,449
Page 37
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - continued
Scotland - Saving the Small Things
Nl Coastal Invertebrates
NaB Swansea 8ay - Delivery
NaB Scarce Yellow Sally - Delivery
Restore the Thaw
Species on the Edge
NE Threatened Species Recovery Actions
3925
36,434
(193)
1,089
316
(18)
1,265
40,559
(193)
1,089
316
{181
1,265
361 535
211 156
572 691
TOTAL FUNDS
1 133 825
243 829
1 377 654
Page 36
continued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - contlnued
Comparative net movement in funds, included In the above are as follows,,
Incoming
resources
Resources
expended
Movement
in funds
Unfestrlcted funds
General fund
771,983
{739,310)
32,673
Restricted funds
Ladybird Spider
Swanscombe
B-Lines
Changing Chalk
IIA Suffolk
MOD B-Lines
London B-Lines
Action For N.1. Invertebrates
AWT B-Lines
Blue Ground Beetle
Neath Port Talbot - 81ines
Natur am Byth - Swansea Bay
Natur am Byth Yellow Sally
Newport Pollinator Project
Farm Advice
Nortth Cornwall 8-Lines
West Lothian's Buzzlng
Falkirk's Pollinator Way
Falkirk Peatland Project
SEAMS School Projects
Pollinators Along The Tweed
Naturescot 2 1-22
Strathmore B-Lines
Milkywire Insect Superhighways
Canvey Wick Community Warden
Get The Marches Buzzing
Policy Advocacy
8elfast Buzzing
NaB Eryri
NaB Marshes
NaB Llynlynys Mon
NaB Shrill Carder Beetle
Cardiff Council (Network Rail)
Spoce4Nature
Cardiff Council LPfN
Guardians of our River5
Swanscombe Crowd Justice
ILA - Green Match Fund
Frickley Country Park Survey
Species Evidence Base
Guardians of our Rivers
Life on the Edge
Strathspey Diptera Review
Scotland - Saving the Small Things
(116)
(308)
(116}
(3081
48,931
18,0811
{3,050)
(1,542)
12,304
(862)
(540)
(1,0331
980
4,187
(859)
{16,182)
(1,294)
898
48,931
29,721
(37,802)
(3.050)
11,542)
{44,596)
{13,382)
{7,434)
(2,457)
(64,860)
(11,652)
17,167)
(18,647)
15,007)
{27,318)
12,368)
{1,989)
(189,539)
{5,749)
(64,544)
(1,636)
(78,715)
(123,312)
(45,539)
1153,811)
136,581)
(63,323)
1446)
{694)
893
{388)
(1,605)
(114,4951
(9,649)
(77,357)
(157)
(16,717)
(1,509)
(8,517)
(10,505)
(20.842)
(1,401)
{1,982)
56,900
12,520
6,894
1,424
65,840
15,839
6,308
2,465
3,713
28,216
2,368
95
152,909
1,508
127,138
1,286
91,483
123,713
53,577
153,457
87,000
74,129
154
647
(9091
388
1,605
98,785
9,675
132,756
14
(1,894)
136,630)
14,2411
62,594
(350)
12,768
401
8,038
1354)
50,419
10,806
{292)
{47)
{16)
115,710)
26
55,399
1143)
{16,717)
1,509
8,517
10,505
14,955
16,850
38,616
(5,887)
15,449
36,634
Page 39
contlnued...

BUGLIFE - THE INVERTEBRATE CONSERVATION
TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - contlnued
Nl Coastal Invertebrates
NaB Swansea Bay - Delivery
NaB Scarce Yellow Sally - Delivery
Get Kings Lynn Buzzing
Restore the Thaw
Connecting the Carmarthenshire Coast
Species on the Edge
NE Threatened Specie5 Recovery actions
31,314
15,307
3,399
8,900
250
2,834
5,035
(31,507)
(14,218)
(3,083)
(8,900)
(268)
12,834)
{3,770)
{193)
1,089
316
(18)
1,265
1 563 483
1 352 327>
211 156
TOTAL FUNDS
243 829
Detalls of restrlcted funds
Blodlverslty Actlon
Buglife continued to engage with Biodiversity policy and strategy work, playlng an active role In the UK
Link organisations and the taxonomic 9roups in the devolved countrie5.
Swanscombe
Campaign to save the Swanscombe Peninsula SSSI and secure it's future for wildlife.
B-Llnes
This project aims to create wildflower habits across the UK to sustaln healthy insect pollinator
populations. Regular and ad hoc donations has provided on-going funding.
Changlng Chalk
National Trust led partnership project in the Sussex Downs. Buglife project work includes Landscapes
for Wild Pollinators to encourage B-Lines delivery, sustainable vineyards for Invertebrates for pollinators
and a Wart-biter bush-crlcket recovery plan.
London B-Llnes
Development phase for a London B-Lines project to create wildflower-rich habitats in the London B-Line
and engage and inspire local communities.
Canvey Wlck and Canvey Wlck Communlty Warden
Buglife manage Canvey Wick as a 'Bug Reserve, in partnershlp with the RSPB, on behalf of the Land
Trust. We are responsible for survey and monitoring works and providing technical input into the ongoing
management and communication5 plans.
Blue Ground Beetle
NLHF funded project raising awareness of the Blue Ground Beetle and ancient woodland habitat in
South Wales. Outreach, community engagement, habilat management, workshops and surveys.
Neath Port Talbot B-lines
Working with project partners and local communities to restore and connect pollinator habitat in Neath
Port Talbot.
Farm Advice
Pollinator and farm wlldlife talks, training and assessments for farmers and other land managers and
owners.
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NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - continued
West Lothlan's Buzzing
Working in partnership with the local authority, this meadow creation project aims to transform amenity
grassland at sites identified along B-Lines into areas of species-rich grassland for pollinators and people
to enjoy.
Falkirk's Pollinator Way
This project 15 transforming several parks across Falkirk {at sites identified through the previous John
Muir Pollinator Way project) into wildflower meadow areas with the help of the local community. This is
partnership project between Buglife and Falkirk Councll.
Falklrk Peatland Project
Work to enhance or restore up to ten damaged lowland raised bogs that have been identifled in the
Falklrk Council area. Each of these bogs has been subjected to detrimental management practices in
the past including drainage for agriculture, forestry or mineral extraction (peat and coal). Funded by
SPEN (Scottlsh Power Energy Networks)
Northern February Red
Funded by the Cairngorms National Park Authority, this project will support staff from the Natural H￿stOrY
Museum, London working together with Buglife staff, to develop an environmental DNA method for
future surveys for the Northern February Red Stonefly in the Calrngorms.
Polllnators Along The Tweed
Pollinators Along the Tweed is a Natlonal Lottery Heritage Funded project led by The Tweed Forum.
It will create a network for nature on the River Tweed B-Line by increasing the area of wildflower-rich
grasslands and restoring habitat connectivity. The project will engage with the local authority,
landowners and comrnunities in the creation, restoration and enhancement of sites for pollinators in
villages and towns along the River Tweed.
strathmore B-Lines
Strathmore 8-Llnes aims to restore 20 hectares of grassland and nectar rich habitats. Increaslng the
area and quality of pollinator-friendly wildflower habitat acr055 the B-Line, at 20 sites between Dunkeld
and Montrose. This project is funded by the Natlonal Lottery Heritage Fund an(i Gannochy Trust.
Mllkywlre Insect Superhighways
Fund provided predominantly by Klarna through the Milkywire foLtndation. Thls funding is dedicated to
supporting the development of B-Lines and 35 such it underpins a portion of central costs in supporting
and developing new B-Lines project as well as providing match funding to larger scale 8-Lines projects
to ensure they are efficiently delivered and fully funded.
Get the Marches Buzzing.
A Buglife-led partnership project which will see the restoration of 57 hectares of Wildflower-rich habitat
across Shrop5hire and North Herefordshire, including area5 critical to the survival of the Dingy Skipper
(Erynnis tages) and Bilberry Bumblebee (Bombus monticola).
Policy Advocacy
Buglife's policy and advocacy work Is an Important way to conserve invertebrates. This will be by
influencing government with regards to new policy and legislation, raising awareness of invertebrate5
nd other wider issues, to engaging wlth partner organisation, supporters, envlronmenlal lobby groups,
and members of the public.
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NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - continued
Belfast's Buzzingl
A B-Line5 project working with local communities and landowners to create and restore a network of
wildflower-rich habitat in Belfast
with a focus on public green spaces. This project Is funded by the
National Lottery Herbtage Fund.
NaB - Welsh Marches
Wales-wide species conservation project delivered in partnership with species NGOS and NRW. Main
funder is NLHF and the project is In the Development Phase. Buglife Project Officer provided technical
expertise.
NaB - Llyn/Yny$ Mon
Wales-wide specie5 conservation project delivered in partnership with species NGOS and NRW. Main
funder Is NLHF and the project is in the Development Phase. Buglife Project Officer carrled out species
surveys, reporting and prOv￿ded technical expertlse.
NaB Shrlll Carder Beetle
Buglife 15 undertaking surveys and training workshops for the Short-necked oll beetle in south
Pembrokeshire.
Space4Nature
Space4Nature alms to develop a usable tool for automated assessment of habltat types and condition
assessments, using cutting e(ige 'Very High Resolution, satelllte imagery and machine learning
technology. Funded by the People's Postcode Lottery's Dream Fund, this project will additionally
deliver 30ha of wlldflower-rlch habitat within Surrey's B-Line.
Cardlff Councll LPfN
Cardlff Councll project funding Buglife Officer to deliver pollinator tralnlng and outreach across the City
Guardlans of our Rlvers
The Guardians of Our Rivers proj'ect wlll recrult, support and traln local people who would like to get
involved in monitoring the health of their local river. The project Is funded by Swlre Charltable Trust,
Highland & Island Environment Foundation {HIEF), Hugh Fraser Foundation, The Northwick
Trust and Anlmal Frlends Pet Insurance.
Swanscombe Crowd Justice
Funds raised collaboratively with save Swanscombe campalgn partners to access expert advice and
produce campaign materials.
IIA Green Match Fund
Developing the UK-wide fine-scale mapped Important Invertebrate Areas network, sUPPOrted by the Big
Give's Green Match Fund.
Lochrosque Peatland Survey
Working with Lochrosque Estate, Caledonian Climate Partners and Wetlands International to investigate
the invertebrate biodiversity of restored peatlands.
Life on the Edge
Led by South Devon AONB, this project will restore wildflower-rich c05tal habitats along the South Devon
coast, and undertake urgent work to support the recovery of some of the UK'S most threatened plants
and invertebrates. Currently in a development phase this project 15 funded by the National Lottery
Heritage Fund and Devon Environment Foundation.
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NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19.
MOVEMENT IN FUNDS - continued
Strathspey Diptera Review
This exciting review will improve our knowledge of the species of fly (Diptera) in the Strathspey area of
the Cairngorms National Park. In a UK context, the Strathspey is a remarkable hot spot for fly species
rlchness. The overall aim is to assemble knowledge about the flies of the Strathspey wlthin the
Cairngorm National Park Into a single place.
Scotland - Savlng the Small Thlngs
Funded by the Nlmar Charltable Trust thSs project will support rare species conservatlon In Scotland.
NX Coastal Invertebrates
This project aims to restore and enhance habitats along the coast. 5UPPOrting the recovery of threatened
Invertebrates. Actbvities include Invertebrate surveys and monitoring, habitat condition assessments,
providlng advice to landowners and land managers, and engaglng local communities wSth the wildlife on
their doorstep.
NaB Swansea Bay - Dellvery
Targeted action undertaken for 13 species in the Swansea, CarmarthenshSre and Neath Port Talbot
areas, and a wlde range of people engagement actSvities to enhance connection with nature.
Na8 Scarce Yellow Sally - Dellvery
Tar9eted action including species surveys and habitat assessments undertaken for Scarce Yellow Sallyi
and a wide range of people engagement activities to enhance connection wlth nature.
Restore the Thaw
This project involves the delivery of engagement events including Oil beetle and Darkling beetle tralning
workshops and surveys, leading walks at scheduled project events. Restore the Thaw project is delivered
by Vale of Glamorgan Council.
Connectlng the Carmarthenshlre Coast
The project has been developed to build upon the past rare bumblebee work in Wales by enhancing the
connectivity of the area wlth comprehensive surveys being carried out across key sltes, providing us
with an accurate plcture of populations and habitat for target bumblebee specles.
Species on the Edge
A programme for species recovery in Scotland, that aims to take actlon on over 37 decllning and
threatened specles acros5 Scotland'5 coasts and islands.
NE Threatened Specles Recovery Actions
Natural England funded work to identify species requiring specific actions to recover their populatlons,
and to prlorltise the actions needed for them to recover.
Supporting Atlant1¢ Territorles
Darwin Plus funded project working with four UK Overseas Territories to identifying Important
Invertebrate Area5 for endemic and native species. It will gather spatial dafa to support the prioritisation
of conservation and restoration efforts for Bermuda, the Falkland Islands. Anguilla, and Ascension.
Middlewick Ranges
Funds raised collaboratively with Middlewick Ranges campaign partners through crowd funding to
5UPPOrt the legal costs of the campaign.
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BUGLIFE - THE INVERTEBRATE CONSERVATION
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NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
19. MOVEMENT IN FUNDS- continued
Kernow Wyls
8-Line5 project restoring 25ha of species-rich grassland habitat along north and south Cornish coosts.
Habitat work and surveys to support populations of 10 species of threatened invertebrate. Publlc
engagement and outreach around surveying, identification and how people can help pollinators.
Funded by NLHF.
The Mldland Crayflsh Partnershlp
A three- year NLHF- funded project to co-ordlnate White -clawed crayfish activities accross the Midlands.
The project includes Outreach and engagement around freshwater invertebrates, working with specialist
contractors around surveying and mapping crayfish populations and creating 5 new ark site5 in the
region, plus organisin9 a midlands -wide crayfish partnership Involving all key stake-holders.
West Midland Crayfish Partnership
An eight month long development phase of the Midlands Crayfish Partnership, focussed on the West
Midlands Combined Authority area, funded by the Community and Environment Fund. The project
involve5 Outreach and engagement around freshwater invertebrates, working with specialist contractors
around surveying and mapping crayfish populations and scoping for new ark sites in the region.
Oil Beetle
Undertaking desk based studies and surveys to learn more about the Rugged oil beetle population In
Wales. The intention is that thls will inform future project development re. Oil beetles in Wales
Coal Spolls Connectlons
WGINLHF funded project which aims to.. raise awareness of coal spoll habitats and their Importance for
biodiversity and communities,. engage a wide variety of audiences providing technical and non-technical
training sessions; survey project sites in Caerphilly, RCT and Blaenau Gwent, undertake desk-based
analysis coal spoil biodiversity potential and hold a conference.
NW Development Project
Thls project was funded from Milkywire funds to undertake project development work for what Is now
called the 'Wrexham Brownfield Project,. Th55 Snvolved meeting potential proJect partners, making new
connections. identifying proj'ect sites, holding site meeting5lvisits and contributing to the project
proposal.
Scottlsh Invertebrates
This project has been funded by a private donation to fund pollinator related work ongolng in Scotland-
for the benefit of bees, hoverflies and other insect pollinator5 and the habitats that they call home.
Guardians of our Rivers- Next Steps
NLHF and NS funded project. Developlng a river monitoring communlty across Scotland. Offering
training and development to new and current volunteers. Attending events and engaging the wider
community through workshops.
Aberdeen B-Lines
Dominantly Naturescot funded project. Working along the mapped B-Lines wlthin the city of Aberdeen,
Aberdeen B-Lines will create important habitat for pollinators across the city working with Aberdeen City
Council.
20.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 315t December 2024.
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