2023-01-31-accounts - Hawk Conservancy Trust Limited

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			HAWK CONSERVANCY	TRUST LIMITED	TRUST LIMITED	TRUST LIMITED
			YEAR ENDED 31 JANUARY 2023
			LEGAL AND ADMINISTRATIVE		DETAILS
Name:			The Hawk Conservancy	Trust	Limited,	known as
			The Hawk Conservancy
Address:			The Hawk Conservancy,	Sarson Lane,		Weyhill, Andover,
			Hampshire,	SP11 8DY
Directors:
			Mr M SDryden
			Mrs J A Hughes
			Mr A Johnson
			Mr SJones
			Mr A R O'Hagan
			Mr G Wyles
			Mrs G Khan (appointed	27 May 2022}
President:			Mr C Packham
Vice-Presidents:			Mr M Anderson
			Mr J Ellicock (deceased	2022)
			Major N Lewis MBE
			Mrs SRowe
			Mr M Shellard
Executive Life President:			Mr A Smith
Company Secretary:			Mrs AR Berens
Chief Executive	Officer:		Ms P Smout
Advisers:	Bankers		Nat West pic, 48 Blue Boar Row, Salisbury.				Wiltshire, SP1 1DF
	Auditors		Fletcher 8 Partners, Crown Chambers.			, Bridge Street,
			Salisbury SP1 2LZ
	Stockbrokers		Rathbones, Port of Liverpool		Building,	Pier	Head, Liverpool,	L3 1NW
Number:	Registered	Chanty Number 1092349
	Registered	Company Number 04304161

					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
				Note	2023	2023	2023	2022
INCOME AND EXPENDITURE
INCOME FROM:
Donations and legacies				3	295.115	153,086	448,201	437,277
Charitable activities				4	1,248,479		1,248,479	935,277
Other trading activities:
Commercial trading	operations			8	680,780		680,780	548,505
Investment income				5	26,970		26,970	17,814
Other income				6	100,451		100451	36918
Total income					2,351,795	153,086	2.504,881	1,975,791
EXPENDITURE ON:
Costs of raising funds
Costs of generating	voluntary		income		177,479		177,479	139,048
Commercial trading	operations				643.167		643,167	519,585
Charitable activities				7	1,148,675	176,759	1,325,434	1,078,191
Total expenditure					1,969,321	176,759	2,146,080	1.736,824
Net income/ (expenditure)		before gains		and	382.474	(23,873)	358,801	238,967
losses on investments
NET GAINS/(LOSSES)	ON	INVESTMENTS
Unrealised					{51,060)		(51.060)	(5,412)
Realised					7,673		7,673	3,337
Net Income/{expenditure)					339,087	(23.673)	315,414	236,892
Transfers between funds					(25,513)	25,513
Net movement in funds					313,574	1,840	315,414	236,892
Reconciliation offunds:
BALANCES AT 1 FEBRUARY 2021					1,705.790	340,719	2,046,509	1,809,617
BALANCES AT 31JANUARY 2022					82,019,364	6342,559	62,361,923	E2,046,509


				Gro	up	Charity
			Note	2023	2022	2023	2022
FIXEDASSETS
Tangible assets			11	885,634	842,674	856,431	820,320
Investments			12	731,356	773,136	731,357	773,136
				1,616,990	1,615,810	1,587,788	1,593,456
CURRENT ASSETS
Stock			13	91,368	67,608	6,649	6,810
Debtors			14	80,415	47,649	251,065	200,260
Cash at bank and	in	hand	15	1,496,986	1.170,754	1,425,718	1,088,265
				1,668,769	1,286,011	1,683,432	1,295,335
CREDITORS: Amounts		falling
due within one year			16	561,377	642,504	552,287	627,140
NET CURRENT ASSETS				1,107,392	643,507	1,131,145	668,195
CREDITORS: Amounts		falling
due after more than		one year	17	362,459	212,808	362,459	212,808
TOTAL ASSETS				92,361,923	F2,046,509	92,356,474	62,048,843
Representing:
RESTRICTED FUNDS			19	342,559	340,719	342,559	340,719
UNRESTRICTED FUNI3S			19	2,019,364	1,705,790	2,013,915	1,708,124
TOTAL FUNDS				F2,361,923	E2,046,509	62,356,474	92,048,843

	Note	2023		2022
CASH FLOWS FROM OPERATING	ACTIVITIES
Net cash provided by (used in) operating activities	24a		298,518	754,712
CASH FLOWS FROM INVESTING	ACTIVITIES
Dividends and interest from investments		14,625		17,814
Proceeds from the sale ofproperty,
plant and equipment Proceeds from the disposal of investments		301,339		628 63,085
Purchase of investments		(307,042)		(557.679}
Purchase of property, plant and	equipment	(131,957)		(111,820)
Net cash provided by (used in) investing activities			(123,035)	(587,972}
CASH FLOWS FROM FINANCING	ACTIVITIES
Repayment of bank loans		(96,219)		(35,232)
Interest paid		(7,127)		(4,139)
Tax paid
Increase in bank loan		250,000
Net cash provided by (used in) financing activities			146,654	(39,371)
CHANGE IN CASH AND CASH EQUIVALENTS
IN THE REPORTING PERIOD	24b		6322,137	6127,369
CASH BROUGHT FORWARD			1.181,446	1,054,077
CASH CARRIED FORWARD	24c		1,503,583	1,181,446

The charity is a company limited by guarantee member in the event ofa winding up is limited and has no to61.	The charity is a company limited by guarantee member in the event ofa winding up is limited and has no to61.	The charity is a company limited by guarantee member in the event ofa winding up is limited and has no to61.	share capital. The liability o	feach
DOI4ATIONS AND LEGACIES			2023	2022
Subscriptions Donations			168,943 99,337	156,604 155,029
Legacies Designated Designated	Donations Donations	- RNBP - IVP	10 18,891 23.390	23,432 3,006 32,558
Designated Designated Designated Grants	Donations Donations Donations	—SA - Education - Other	5,600 5,075 29.915 97,040	1,261 4,367 61,020
			f448,201	6437,277
INCOME FROM CHARITABLE ACTIVITIES			2023	2022
Admissions			567.995	458,178
Sponsorship Special events			38.279 642,205	57,015 420.084
			FL248,479	6935,277

INVESTMENT INCOME	INVESTMENT INCOME			2023			2022
Rent receivable				12,345			10,896
Dividend income				11,161			6,384
Bank interest				3,464			534
				626,970			B17,814
OTHER INCONIE
Insurance claim				100,451
CJRS Grants							36,918
				6100,451			36,918
ANALYSIS OF EXPENDITURE SY EXPENDITURE TYPE
Current year		2023	2023	2023		2023	2022
		Staff costs	Direct costs	Support costs		Total	Total
Expenditure	on raising
voluntary income			95,875	81,604		177,479	139.048
Expenditure	on fundraising
trading				643,167		643,167	519,585
Cost of raising funds			95,875	724,771	6820,646		5658,633
Conservation		112,772	130,265	88,641		331,678	259,052
Education		235,764	1,305	88,641		325,710	270,03?
Research		235,764	1,342	88,641		325,747	272,582
Rehabihtation		235,764	17,894	88,641		342,299	276,520
		820,064	150,806	354,564	51,325,434		61,078,191
		820,064	246,681	1,079,335	2,	146,080	1,736,824
Prior year		2022	2022	2022		2022
		Staff costs	Direct costs	Support costs	Total
Expenditure	on raising
voluntary income			58,304	80,744		139,048
Expenditure	on fundraising
trading		200,554	192,457	126,574		519,585
Cost of raising funds		200,554	250,761	207,318	6658,633
Conservation		112,773	79,148	67,131		259,052
Education		201,785	1,121	67,131		270,037
Research		201,786	3,665	67,131		272,582
Rehabilitation		201,786	7,603	67,131		276,520
		718,130	91,537	268,524	51,078,191
		918,684	342,298	475,842	1,736,824

issued share capital of 1 shown below:	ordinary shar	e of	81 each. A	summary ofthe	tradin	g results
				2023		2022
Trading
Turnover				680,780	548.505
Other income						13,194
Cost ofsales and administrative		expenses		(643,167)	(519,166)
Inierest receivable				148		11
Net profit I(loss)				37,761		42,544
Gift aid donation				(29,979)		(42,118)
Taxation						(419)
Retained in the subsidiary				7,782
Total income less direct	expenses			7,782
The assets and liabilities	ofthe subsidiary		were.
Fixed assets				29,203		22,354
Current assets				178,536		176,194
Creditors: amounts	falling due within		one year	{202,290)	(200,881)
Total net assets				5,449		(2,333)
Aggregate share capital	and reserves			5,449	6	{2,333)

9.	GOVERNANCE COS	TS
			2023	2022
	Legal and professional	fees
	Audit fees		5,505	10,354
	Legal tees Trustees' expenses		1,888 85	1,200 70
			E.7,478	E11,624
10.	STAFF COSTS
			2023	2022
	Wages and salaries		935,714	827,184
	Social security costs		67,149	61,735
	Pension costs		16,426	16,573
	Other staffing costs		27,805	11,023
			E1,047,094	E916,515

	Aviaries
	and other	Hospital	Plant 8	Fixtures &	Motor
	~Htdi	Exa	tExa	t ~ttti	tt t	Totals
COST OR VALUATION
At 1 February 2022	1,389,652	5,286	63,880	277,495	16,350	1,752,663
Additions	44,478		5,392	82,087		131,957
Disposals	(41,731)					(41,731)
At 31 January 2023	1,392,399	5,286	69,272	359,582	16,350	1,842,889
DEPRECIATION
At 1 February 2022	584,643	2,408	62,652	257,696	2,590	909,989
On disposals	(41,731)					(41,731)
Charge for the year	60,497	767	2,259	21,504	3,970	88,997
At 31 January 2023	603,409	3,175	64,911	279,200	6,560	957,255
NET BOOK VALUE
At 31 January 2023	F788,990	2,111	E4,361	F80,382	E9,790	E885,634
At 31 January 2022	E805,009	2,878	F1,228	E19,799	E13,760	F842,674

TANGIBLE FIXEDASS	ETS -CHARIT	Y
	Aviaries
	and other	Hospital			Plant 8	Fixtures &	Motor
	~Eddic	~Ei	t	~E		~Rtl	d	d( t	Totals
COST OR VALUATION
At 1 February 2022	1,328,796		5,286		30,905	251,578		16,350	1,632,915
Additions	44,478					75,762			120,240
Disposals	(41,731)								(41,731)
At 31 January 2023	1,331,543		5,286		30,905	327,340		16,350	1,711,424
DEPRECIATION
At 1 February 2021 Charge for the year On disposals	546,141 57,703 (41,731)		2,4Q8 767		29,677 1,450	231,779 20,239		2,590 3,970	812,595 84,129 (41,731)
At 31 January 2023	562,113		3,175		31,127	252,018		6,560	854,993
NET BOOK VALUE
At 31 January 2023	6769,430		2,111		(f222)	675 322		9,790	6856,431
At 31 January 2022	6782,655		2,878		61,228	619,799	613,760		6820,320

were invest	ed as follows:
			Group				Charity
			Listed	Investm	nt	Listed		Investment
				d	tdt	t	*t t	t~	d	tdt B
Market value at 1 February 2022			773,135				773,135
Additions			307,042				307,042
Disposals	at opening market value		(293,666)				(293,666)
Investment	management	fees	(9,230)				(9,230)
Movement	in cash		5,135				5,135
Unrealised	loss on revaluation		(51,060)				(51,060)
Market value at 31 January 2023			6731,356	L-			f731.356			61
Listed investments			6768,997				6768,997
Cash deposits			66,597				66,597
Cost at 31	January 2023		6775,594	6—			6775,594			61

STOCKS
	Group		Charity
	2023	2022	2023	2022
Gift and coffee shop stock	84,719	60,798
Wrist band stock	6,649	6,810	6,649	6,810
	691,368	667,608	66,649	66,810

		Booking	Gift
		~De osits	2 h	~ll	2 hi
Brought forward	a1 1 February 2022	102,108	208,827		57,134
Released in year Deferred in year		(110,423) 53,251	(228,735) 172,675		(57,134) 55,290
Carried forward	at 31 January 2023	644,936	5152,766		255,290
Falling due in less than one year		44,936	152,765		55,290
Falling due after	more than one year
		244,936	5152,766		255,290

The gift vouchers	carried forward are inc	luded in accruals	and	deferred	inco	me.
FUNDS		As at						As at
		01-Feb					Losses on	31-Jan
		2I!22	I		~E*	hl	Investments	2023
Unrestricted funds		1,705,790	2.351,795		(1,994,834)		(43,387)	2,019,364
Restricted funds
Restricted Funds	comprise the following	unexpended balances		ofdonations		held to be applied to		specific
purposes as stated:
		As at					Transfers	As at
		01-Feb					from	31-Jan
		2222	!		E~Ch		l l 2	2023
International	Vulture Programme	25.624		26,787		(58,046)	5,635
Poison Response Action (iVP)		5,095		2,203		(8,059)	761
Red Kites		350				(350)
Raptor Nest BoxProject Land purchase Restaurant		10.304 15,862		29,915		(49,032) (10,469)	19,117	10304 5,393
Hospital		(1,179)		18,891		{13,703)		4,009
Hospilal Annex PA system		82,700 4,437				(8,829)		73,871 4,437
Site development Education		194,583 2,943		70,215 5,075		(26,956) (1.305)		237,832 6.713
		8340,719	6153,086		(6176,759)		625,513	f342,559

oses as state	d:
				As at				Transfers			As at
				01-Feb	Donations			from			31-Jan
				2021	0	1 0	~Edh«	t	1	1 d	2022
International	Vulture		Programme	5,550		28,700	(8,626)				25,624
Poison Response		Action		6,636		2,789	(4.330)				5,095
Red Kites				350							350
Raptor Nest	Box	Project		30,474		4,367	(34,841)
Land purchase				10,304							1Q,304
Restaurant				21,271		5,060	(10,469)				15,862
Hospital						3,006	(4,185)				(1,179)
Hospital Annex				82 700							82,7QQ
PA system				4,437			(11,762)				(7,325)
Site development				206,345		6,211	(3,268)				209,288
				F368,067		850,133	(877,481)				F340,719

leases wa	s as	follows:
Land				2023	2022
Amounts	due	within one year		50,000	50,000
Amounts	due	between	two and five years	200,000	200,000
Amounts	due	affer five	years	3,050,000	3,100,000
				3,300,000	3,350.000
Equipment				2023	2022
Amounts	due	within one year
Amounts	due	between	two and five years

	At 31 January 2023.the charity was not committed to any ca in the accounts (2022:Knit).	At 31 January 2023.the charity was not committed to any ca in the accounts (2022:Knit).	pital expenditure th	ai is not prov	ided for
22	ANALYSIS OF NET ASSETS BETWEEN FUNDS
	Analysis of net assets between	funds - current year	Unrestricted	Restricted	Total
	Tangible fixed assets		637,972	247.662	885,634
	Fixed asset investments		731,356		731,356
	Current assets		1,573.872	94,897	1,668,769
	Creditors due within one year		(561,377)		(561,377)
	Creditors due within more than one year		(362,459)		(362,459)
			2,019,364	342,559	2,361,923
	Analysis of net assets between	funds - prior year	Unrestricted	Restricted	Total
	Tangible fixed assets		627,792	214,882	842,674
	Fixed asset investments		773,136		773,136
	Current assets		1,160,174	125,837	1,286,011
	Creditors due within one year		(642,504)		(642,504)
	Creditors due within more than one year		(212,808)		(212,808)
			1,705,790	340,719	2,046,509

a.	Reconciliation of net income/(expenditure}	Reconciliation of net income/(expenditure}	Reconciliation of net income/(expenditure}
	with net cash flow from operating		activities				2023		2022
	Net income/(expenditure) for the	reporting	period
	(as per the statement offinancial	activities)					315,414		233,440
	Adjustments for
	Depreciation and impairment charges						88,997		76,497
	(Gains)/losses on investments						43,387		2,075
	Dividends and interest from investments						{14,625)		(17,814)
	Interest paid						7,127		4,139
	(Profit)/loss on disposal offixed	assets							(628)
	{Increase)/decrease in stock						(23,760)		6,269
	(increase)/decrease in debtors						(32,766)		408,816
	Increase/(decrease) in creditors						(85,256)		41,918
	Net cash flow provided by (used	in) operating		activities			2298,518		f754,712
b.	Analysis ofchanges in net debt			A	.2.22	3	h tt	O~hh	A 3 .1.23
	Cash at bank and in investment	portfolio		1,181,446			322,137		1,503,583
	Debt due within one year				(95,698)		(153,780)	149,650	(99,828)
	Debt due after more than one year			(212,808)				{149,650)	(362,458)
				6872,940			Et68,357		21,041,297
c.	Analysis ofCash at bank an in	investment		portfolio
							2023		2022
	Cash at bank and in hand					1,496,986			1,170,754
	Cash held in investment portfolio						6,597		10,692
						51,503,583			51,181,446

Comparative Consolidat	ed	State	ment ofFinan	cial Activities
				Unrestricted	Restricted	Total
				Funds	Funds	Funds
				2022	2022	2022
INCOME AND EXPENDITURE
INCOIIIIE FROM:
Donations and legacies				387,144	50,133	437,277
Charitable activities				935,277		935,277
Other trading activities:
Commercial trading	operations			548,505		548,5Q5
Investment income				17,814		17,814
Other income				36,918		36,918
Total income				1,925,658	50,133	1,975,791
EXPENDITURE ON:
Costs of raising funds
Costs of generating	voluntary		income	139,Q48		139,048
Commercial trading	operations			519,585		519,585
Charitable activities				1,00Q,710	77,481	1,078,191
Total expenditure				1,659,343	77,481	1,736,824
Net incomeI (expenditure)		before gains and		266,315	(27,348)	238.967
losses on investments
NET GAINS/(LOSSES) ON		INVESTMENTS
Unrealised				(5.412)		(5,412)
Realised				3,337		3,337
Net incomei(expenditure)				264,240	(27,348)	236,892
Transfers between funds
Net movement in funds				264,240	(27,348)	236,892
Reconciliation offunds:
BALANCES AT 1 FEBRUARY 2021				1,441,550	368,067	1,809,617
BALANCES AT 31JANUARY 2022				E1,705,790	6340,719	82,046,509

	DET	AILED INCOME AND EXPEN FOR THE YEAR	DITURE ACCOUNT FOR THE ENDED 31JANUARY 2023	TRUST ON	LY
			2023		2022
Income
Subscflptloiis			168,943		156,605
Donations			99,337		155,029
Legacies			10		23,432
Designated Donaticns		- SA	5,600
Designated Donatmns		- IVP	23,390		32,558
Desigr:a!ed Donations		- Hospital	18,891		3,006
Designated Donations		—Education	5,075		1,261
Designated Donations		—RNSP	29,915		4,367
Admissions			542,299		443,541
Admissions Schools			25,696		14,636
Sponsorship/Adop!ion			38,279		57,015
Activity days			271,988		152,937
Evening admissions			46,345		41,214
Fund Raising Events			158,069		121,219
Consultancy			850
Grants received			97,040		84,744
Training courses			12,589		3,600
insurance claim			100,451
Other income			5,894		911
Gift aid			146,470		100,203
Gift aid from subsidiary			29,979		42,118
				1,827,110	1,438,396
Direct costs
Feed			28,766		27,321
Gene al supphes	and	equipment	16,722		4,949
Livestock imoort	costs
Veterinary fees			19,200		15,309
Event and membership		costs	95,875		58,304
Wages and salaries			548,470		501,846
Research			1,342		3,665
Censer~ation			59,785		22,574
Rehabilitation			17,894		7,603
Education			1,305		1,121
Other CERR			1,916
EVcharger costs			259
Consultancy			3,617		8,995
				795,151	651.687
				1,031,959	786,709
Administrative	costs	(Page 20)		707,761	565,552
				324,198	221,'l57
Other income
Rent receivable			12,345		10,896
Dividend income			11,161		6,384
Bank deposit interest			3,316		523
				26,822	17,803
Net surplus for	the y	ear		6351,020	6238960

				2023	2022
Staffcosts
Wages and salaries				243.788	205,261
Stafftraining				8,055	2,635
Staff welfare				4,170	1,505
Other staff expenses				15,580	6,883
				271,593	216.284
Premises costs
Rent				35.000	35,000
Rates				6,031	4,191
Insurance				12,663	11,886
Licences				2,113	239
Light and heat				23,576	15,907
Park repairs and maintenance				51,369	17,377
Waste and cleaning				7,550	3,557
Safety and security				4,205	1,985
Equipment repairs				20,197	23.069
COVID 19safety measures				347	3,716
				163,051	116.927
Office expenses
Printing and stationery				14,900	2,922
Computer sofhvare	and support			14,721	11,226
Postage and courier				2,919	5,453
Advertising				53,137	50,582
Promotional and fund		raising costs		13,028	22,111
Telephone				3,626	5,137
Hire ofequipment				3,340	2,829
Motor expenses				15,976	8,685
Travelling and subsistence				394	74
Trustees expenses				85	70
Subscriptions				4,382	5,937
				126,508	115,026
Legal, professional		and	financial expenses
Legal and professional				1,888	1,200
Audit and accountancy				5,505	10,354
Investment management			fees	9,230	6,239
Bad debts				190
Bank charges				8.973	5,014
Credit card charges				29,567	21,165
Interest on bank loans				7,127	4,139
				62,480	48.111
Depreciation
Aviaries and other buildings				57,703	49.936
Other plant and equipment				2,217	2,409
Fixtures and fittings				20,239	13,517
Motor vehicles				3,970	3,970
(Profit) Iloss on disposal			of fixed asset		(628)
				84,129	69,204
				6707,761	6565,552