Annual Report and Financial Statements
For the year ended 31 December 2023
Orangutan Foundation
Company Number: 4624177
Charity number: 1095660

Orangutan Foundation
CONTENTS
Page
Reference and Ad ministrative Details
Trustees, report
3-13
Independent Examiner's report
14
Statement of financial activities
15
Balance sheet
16
Statement of cash flows
17
Notes to the financial statements
18-27

Orangutan Foundation
Reference and Administrative Details
Trustees:
Sir Richard Gozney
Ashley Leiman OBE (Chairl
lan Redmond OBE
Dr Jack Rieley
Richard Robinow
Guy Sanders {Treasurerl
Key Management Personnel:
John Robertson (Director of Indonesian Programmesl
Prlnclpal address & Registered Offlce:
7 Kent Terrace
London
NWI 4RP
Reglstered company number:
4624177
Reglstered Charlty number..
1095660
Independent audltor:
Blue Spire Ltd
Cawley Priory
South Pallant
Chichester
P019 ISY
Bankers:
Lloyds Bank PIC
185 Baker Street
London
NWI 6XB

Orangutan Foundation
Trustees, Report
The Trustees present theirAnnual Report and Accounts forthe year ended 31 December 2023.
Objects and Activitles
The objects of the OranEUtan Foundation are:
to promote forthe public benefit, the preseNation of non-human primates In their natural
habitat, to promote their long-term welfare in all parts of the world and to protect them
from extinction.
to advance education for the public benefit in the study, preservation, and protectlon
from extinction of non-human primates;
Public Beneflt
All Trustees give their time voluntarily and receive no benefit with the exception of falr rent
as Set out in Note 5.
Details of the work undertaken by the Orangutan Foundation in 2023, as set out In thls report,
satisf ies the public benef it requSrements for Charities engaged in anlmal welfare, promotlng
the environment and the advancement of education. The Charlty's Trustees have thus
complied with the Charitie5 Act 2011 to have due regard to Public Benefit guidance published
by the Charities Commisslon.
Structure, Governance and Management
Orangutan Foundation is a charity established as a Company Limited by Guarantee (No
4624177). The company is registered with the Charity Commissioners (No 10956601 and is
governed by a Memorandum and Articles of Association, which were incorporated in
December 2002. The Foundation provldes funds to fulfil its objectives, to its Indonesia Country
Office, which is registered as a foreign non-governmental organisation INGOI.
Orlglna Ily, the Orangutan Foundatlon I'the Foundatlon") was established as a Charity under a
trust deed approved by the Charity Commission INO 1095660-11 in 1994. The objects of the
original Charity were to promote the preseniation of wild orangutans and to advance
education to preserve and protect the specles from extinction. As the Foundation evolved, It
became necessary to widen its activities. A uniting direction was given by the Charity
Commissioners in October 2003 '1inking' the two Charitles together, This means that whilst
both Charities remain separate legal entities, there 15 no requirement for separate financial
statements or annual returns.
The governance of the Charity is vested in a Board of Trustees, which meets on at least two
occasions each yea r, The Board will continue to endeavour to widen its skills base and recruit
trustees with relevant experience. New trustees receive induction training and are briefed on
developments in charity law and financial matters, as appropriate, Details of the trustees, all
of whom served for the whole period, are shown on page 2 of this report.
Day-to-day management of the Charity's affairs is the responsibility of the Director, who is
also a Trustee, assisted by a small number of employed staff.

Orangutan Foundation
Trustees, Report
Risk management
The Trustees have a risk management strategy which comprises:
an annual review of the risks the Charity may face;
the establishment of systems and procedures to mitigate those risks identified; and
the implementation of procedures designed to minimise any potential impact on the
Charity should those risks materialise.
The Trustees are satisfied that major risks to which the Charity is exposed have been discussed
and systems have been put in place to mitigate those risks, The principal risks identified by
the Trustees are as follows:
Challenges raising funds to enable continued support of field operations, due to the
current financial climate.
Loss or Incapacitation of key staff
Depreciation of sterling, especially relative to the US dollar, as a result of global
economic factors, increasing operating costs of the Country Office in Indonesia.
Regulatory changes in Indonesia affecting the continued ability of the Foundation to
continue to operate as it does currently.
2023 Activltles and Achlevements
The Orangutan Foundation offers its appreciation to all grant giving bodies, donors and
supporters without whom we would not be able to support this essential conservation work
in I ndonesian Borneo, which is carried out by the Foundation's Indonesia Country Off ice.
The Indonesla Country Office octlvltles
Notable achievements of the Foundation's Indonesia Country Office during the year include:
Lamandau Wlldllfe Reserve Central Kallmantan Indoneslan Borneo.
The reserve and adjoining buffer zone forests cover over 200,000 acres (80,937 hectares) and
was established as a release site for orangutans. The Foundation collaborates with the
government's conservation agency BKSDA in protecting the reserve and its orangutan
population,
Hobltut protection
The integrity and biodiversity of the reSe￿e is threatened by illegal logging,
encroachment, fires, and hunting. To address these threats, habitat protection efforts
focused on the operation of nine guard posts located at strategic points around the
reserve to monitor access, prevent transportation of illegally felled timber, and act a5 a
field base for monitoring patrols. 16 locally recruited forest rangers carried out 212
routine forest monitoring patrols during the year, covering 2,500 km, with the routes and
results mapped using GPS with SMART Patrol software.
During routine monitoring patrols, 2 incidents of illegal logging were detected and
reported to BKSDA. These reports were followed up with two joint patrols conducted

Orangutan Foundation
Trustees, Report
together with BKSDA Forestry Police, resulting in the cessation, mapping, and disruption
of each illegal logging incident, including a major outbreak that had been detected in a
remote southern part of the reserve not covered by the patrol network.
The patrol staff also played a crucial role in the early detection a nd extinguishing of bush
fires. The number of bush fires detected in 2023 was at its lowest for many years. Six
ground verification checks were made in response to hotspot data detected from satellite
imagery. Whilst staff only had to extinguish one bush fire during the year.
All the guard posts have been equipped with firefighting equipment, including portable
water pumps, hoses, and jet shooters. As part of the f ire prevention activlties, additional
communication equipment was provided18 radio HTS for field use when detecting and
extinguishing fires, and 2 radio repeater base stations}, one socialisation vlsit to local
communities was carried out together with related local agencies,. six addltional fire
warning notices erected at vulnerable locations; whilst a fire response command post was
established together with BKSDA on the western side of the reserve wlth staff on stand-
by duty during the peak dry season; and one In-house fire-fighting tralning conducted for
OF-UK and BKSDA staff,
In addition to ground monitoring, aerial monitoring was conducted using a drone and
Geographic Information System IGISI analysis of satellite imagery. GIS analyses were used
to plot the locations of illegal activities and outbreak5 of wildfires using Input data from
SMART Patrols, to assist with conservation management planning and collaboration wlth
the conservation agency BKSDA.
Orangutan rescues and post-relea5e monltorlng
Five orangutan release camps were operated as part of the post-release monltoring
programme. Foundation staff monitored the presence of 55 orangutans regularly during
the year in the forest around the camps, comprising 31 reintroduced orangutans, 14 wild
orangutans and three graduates of the soft-release process livlng Independently, as well
a5 a further seven undergoing soft-release.
Three orangutans whose pregnancies were monltored gave blrth during 2023. There have
now been more than 100 orangutan births monitored under the reintroductlon
programme up to end of 2023. Through the combined efforts of releases, protection, and
monitoring, the Orangutan Foundation has helped to establish and maintain a self-
sustaining viable population.
The health of all released orangutans still under obseNatlon is monitored by camp staff,
whilst weekly and on-call health checks are made by the Foundation's two veterinary
doctors, especia Ily for the infants in soft-release.
Eleven orangutans were rescued and translocated into the reserve together wlth BKSDA
during the year, with another just translocated. Whilst a sun bear and four individuals of
other primate species were also released.
Habltat restoration
Four nurseries were maintained to support the habitat restoration programme, where
wild seedlings from five species that had been collected by local villagers were maintained
and nurtured for 6-9 months before planting out.
To restore degraded habitat and increase the carrying capacity of the Reserve, 55,500 wild
seedlings were planted out at the beginning of the rainy season at four locations covering
40 ha of degraded land and 62.9 ha under natural succession with enrichment planting.

Orangutan Foundation
Trustees, Report
The total degraded area restored now covers 427 acres (173 hectares), with 247,358
seedlings planted out since 2015. To maximise their survival, maintenance work is carried
out on each seedling at intervals of about 3, 12, and 24 months since planting out, The
tota l area mainta ined in 2023 was 96 ha (including seedlings planting out in previous two
years). The collection of wild seedlings, planting out, and after-planting maintenance was
carried out together with 31 planters from local communities.
Putln
National Park Central Kalimantan Indoneslan Borneo
The Foundation collaborates with the park management BTNTP to protect the park and
conduct research to support conservation management planning and promotion.
Habltat protectlon
The Foundation operated two guard posts on the western side of the park, which are
strategically located to control the main rlver access points into the core zone, and from
which both weekly river and land forest monitoring patrols were carried out together with
BTNTP staff. The weekly patrols use SMART Patrol software with handheld GPS units, with
the data being processed in the GIS and shared with BTNTP. A total of 107 monitoring
patrols were conducted with BTNTP during 2023, coverlng 1,482 km. All incidents of illegal
activities are reported to BTNTP Head of Resort.
An additional 10 joint monitoring patrols were conducted with BTNTP staff in the northern
sector of the pa rk that is subject to ongoing threats.
The guard post staff also helped BTNTP staff to monitor the park for any outbreaks of fire;
whilst one set of firefighting equlpment (water pumps, nozzles, and 2 x 100 m hoses) was
provided to each of the two guard posts, and fire awareness warning notices erected12
notice boards, 15 ba nnersl at vulnerable locations.
Research and educatlon
The Foundation continued to operate an international Tropical Forest Research Station at
Pondok Ambung in the northern sector of the park.
The camera-trapping programme continued, with 11 camera traps in operation around
the Pondok Ambung area, recording 393 anlmals from 19 species in 2023. Overall, thirty-
seven rare species have been recorded, comprising 2 species of reptlles, 9 bird species,
and 26 species of mammals, including the endangered Bornean Clouded Leopard, Sun
Bear, porcupine, six species of primates, three species of deer, two species of small wild
cats, three species of pheasant and monitor lizards.
61 night-time surveys of Bornean Tarsier and Slow Loris (nocturnal primates} were
conducted, as well as 2 x 4 nights of fomistoma {crocodilianl surveys along a t 7 km stretch
of river (cumulative length of 40.8 km surveyed}; whilst two sets of 5-day dawn and dusk
surveys of Proboscis Monkeys were carried out at six-monthly intervals, each survey
covering an area of 41.43 km2 of riverine habitat.
Growth development of 137 trees from 50 species in 20 sample plots within two
permanent vegetation plots was measured twice {every six months), whilst a survey of the
phenology of 49 tree species along a 4-ha strip was carried out every month, with 91-202
individ Lsa Is from 18-30 species flowering or fruiting.
The Information Centre in the park operated by the Foundation with a local guide,
received 2,781 visitors from 58 different countries during the year.

Orangutan Foundation
Trustees, Report
Forests outslde conservation areas western Central Kalimantan Indoneslan 8orneo
This is a joint initiative with Yayorin (the Foundation's local partner NGO), to conserve
populations of the critica Ily endangered Bornean Orangutan and other wildlife that survive in
forests outside conservation areas, where the majority of orangutans and their habitats are
found.
Highlights of our work in this area include.,
Collaborating with industrial concessionaires responsible for managlng forest lands
outside conservation areas in five districts of western Central Kallmantan, which together
cover over one million hectares12.5 million acres) of mainly state forest land. This work-
implemented In collaboration with BKSDA and concessionaires - focused on conductlng
surveys in high biodiversity forests to determine the status of orangutan populations
within each management concession and the conservation actlons required,
During 2023, surveys were conducted in five locations along strip transects coverlng
230,574 ha {569,760 acres) of remaining forest cover within 387,702 ha1958,032 acres)
concession areas, yielding an estimated 2,254 orangutans 1> 9,000 Individuals overall
since beginning these surveys). All results are provided to BKSDA and contribute to the
province-wide inventory being compiled by the Ministry of Environment and Forestry.
Forest monitoring patrols in the buffer zone forests around the Lamandau WR, under the
responsibllity of two districts, FMUS, were conducted to protect these forests from Illegal
logging, encroachment, and outbreaks of wildfires.
A 2-day training programme in wildlife and habltat survey techniques, data analysis, and
reporting, was held for 20 staff from participating concession holders and related Forestry
agencies IBKSDA, BTNTP, Fms). Whilst two In-house training programmes were held for
BTNTP staff in GIS use and in spatlal monitorlng and reporting tools ISMARTI.
Educatlon research and co-ordinatlon
Ten conseNation education events were organised with guest speakers, hosted by the
Country Office. These were held to celebrate annual nature days, including Primate Day,
Earth Day, Biodiversity Day, International Orangutan Day and National Tree Planting Day.
The field teams provide regular video cllps, photographic documentation and news
updates that are used on the Foundation's soclal media platform5 both in Indonesia and
the UK,
Five research grants of £500 each were awarded to Indonesian students to conduct
fieldwork in tropical ecology. This long-term programme aim5 to support the development
of future conservation leaders and practitioners.
Regular meeting5 for presenting work plans and co-ordinating activities were held with
officials from the Mlnistry of Environment & Forestry, local government agencies, NGOS,
and other stakeholders.

Orangutan Foundation
Trustees, Report
UKO
Ice activities
Big Green Match Fund raised over £13,500 towards Habitat Protection and Habitat
Restoration.
Sponsor an Acre campaign helped to protect 9,246 acres of rainforest,
Finance Manager, Coreen Reilly was delighted to attend both the Ealing Animals Fair and
the Piccadilly Animals Fair,
In July, Orangutan Foundation were honoured to be chosen as the Faltrego 'Earth Year"
Charity partner. Faltrego generously offered Orangutan Foundation pro bono access to
their creative, strategic a nd production skills to create a campaign film which will be
ready for release in 2024.
Founder and Director, Ashley Lelman, undertook two trips to Indonesia to vislt
programmes and support staff in the fleld.
The Big Give Christmas Challenge raised over £25,500 to help empower communities to
ma ke the transition towards sustalnable livelihoods by helping esta blish community
income generation programmes such as agroforestry and small scale fish farming.
We have continued to increase our audience across all social platforms by posting more
video content to reach new viewers. Instagram remains our largest online supporter
base and has become a great platform for sharing short-form video content sent from
the field. Twitter also continues to grow and is a great platform for audiences to share
content, To increase Linkedln following and engagement we have focused on key
achievements and events that resonate with the Linkedln audience which has proved to
be successful. Our average reach on Facebook has increased four-fold compared to 2022
and is the platform with the highest engagement. Additionally, our YouTube following is
on the rise as we post more short-form content and educational videos. Over the next
year, we will be collecting analytic data monthly to continue to adapt and improve our
social reach and engagement across all platforms and increase the number of
educational infogra phic posts.
Sto
and volunteers
Communication and Operations Officer position was vacated by Stephanie Nolan in July
2024 and recrultment to fill the positlon is currently underway.
Coreen Rellly continues in the posltion of Finance Manager,
The Foundation achieved all its main aims for 2023 except the construction of a new guard
post which is Scheduled to be completed in 2024.
Alms for 2024
We have set ourselves the following challenges for 2024..
Initiate a multi-stakeholder resolution of encroachment in the Lamandau Wild life Reserve
through community dialogue and awareness raising, supporting sustainable community

Orangutan Foundation
Trustees, Report
development, a management plan for a special use zone, and community participation in
ha bitat restoration.
Increase collaboration with government conseNation agencies to increase the protectlon
of orangutans and their habitats in the Lamandau Wildlife ReseNe and Tanjung Puting
National Park through forest monitoring by joint ground patrol teams,
Support the protection of orangutans and their habitats through the operation of eleven
guard posts, five post-release monitoring camps, a research station, and a visitor
information centre, as well as by remote sensing of forest habitats Using drones and GIS
technology.
Increase protection of the Lamandau Wildlife Reserve through establishing a new guard
post and forest monitorin8 patrols in the southern sector.
Continue the Forest Restoration Programme in the Lamandau Wildllfe Reserve through
nurturing and then planting out 36,000 wild seedling5 to restore 30 ha of degraded
orangutan habitat at three locations; carrying out maintenance work on 72,000 sapllngs
planted out in 60 ha over the previous two years. and facilitating natural regeneration In
two blocks covering 29.8 ha through both maintenance of previously planted sapllngs and
enrichment planting with 7,500 seedlings.
Monitor overall changes in forest cover of the Lamandau Wildlife Reserve through GIS
analysi5 of satellite imagery, supplemented wlth aerial photography by drones.
Collaborate with industrial concessionaires, Yayorln and BKSDA to support orangutan
conservation efforts in forests outside conservation areas, covering more than I million
hectares of prime orangutan habitats, based on surveys in each concession.
Engage with industrial plantation holders and government agencies to prevent and
mitigate human-wildlife conflicts wlthin and around their concessions.
Continue a study of Tarsler and Slow Loris {rare nocturnal primates) at Pondok Ambung
Tropical Forest Research Statlon, and surveys of Proboscis monkeys and False Gharlal
along the Sekonyer River, as well as monitoring rare terrestrial species by remote camera
traps.
Facilitate Indonesian research students to conduct ecological field research based at
Pondok Ambung Research Station and the Lamandau Wildlife Reserve.
Support local capacity bullding through trainlng programmes awareness ralsing events.
Continue a fundraising drive to boost membership and donations.
Continue to raise awareness of the Foundation's work through soclal medla outreach.
Increase educational awareness around conservation in the UK by givin8 presentatlons
and provid ing materials to schools.

Orangutan Foundation
Trustees, Report
Flnancial Review for the year ended 31 December 2023
The Statement of Financial Activities is set out on page 15 of the financial statements. A
summary of the financial results is set out below.
Income
Total income for 2023 amounted to £806k 12022: 1,514k). Income from donations and
legacies, including membership subscriptions, amounted to £716 k12022., £1,454kl. Income
from charitable activities amounted to £57k12022: £59kl. Income from interest was £33k
12022: £lkl
Expendlture
Expenditure totalled £709k12022: £553kl. The cost of raising funds related to expenditure on
fundraising and publicity and amounted to £44k {2022: £40kl. Expenditure on supporting
activities in the field amounted to £581k12022', £460kl. Education costs were £3k12022.. £4k).
Governance and support costs were £81k12022: £48kl.
The net result for the year was an increase in funds of £97k12022,, £962kl.
Deslgnated Funds
Since 2019, the Foundation has been beneficiary to several significant legacies that have
helped to create a favourable financial position. As such, the Board of Trustees have decided
to designate funds to ensure the sustainability of our work in Indonesia.
In May 2021, the Foundation signed a 3-year Memorandum of Understanding IMOUI with the
Ministry of Environment and Forestry IMOEFI in Indonesia setting out work plans on how the
Foundation and MOEF will work together cooperatively to support the conservation of
orangutans and their habitats In a sustainable manner. A target of USSI,250,000, equivalent
to £883,8451 funding from the Foundation over 3 years was included in the Mou for the
implementation of these activities. At 31, December 2023, the Foundation had spent
£883,845 on the implementation of activities agreed in the work plans ensuring the target
agreed in the Mou will be exceeded by the end of the existing Mou period in May 2024.
Orangutan Foundation 15 confident of negotiating a further Mou for the period 2024-27 and
the Trustees are mindful that funds will be required to be available to implement the activities
agreed within this MOU over the next 3 year period.
In 2020, the Foundation launched the Landscape Conservation Programme ILCP), a
programme for the consernation of critically endangered apes outside conservation areas,
where the majority of orangutans are found, This complements an ongoing collaboration
started in 2017, The trustees believe that this programme is in accordance with the
Foundation's long-term strategy and as such designated £150,000 to support its
Figure converted into GBP using the following rate.. 0.70708 GDP per USD. Rate provided by Oanda
on 27, May 2021, beln8 the date the MOU was slgned.
io

Orangutan Foundation
Trustees, Report
establishment and growth. As at December 31" 2023, a total of £72,793 of designated funds
has been spent.
In addition to the designated funds set out above, following several years with limited renewal
of equipment and infrastructure of other field programmes, the trustees agreed to allocate
£50,000 to capital expenditure in 2020. However, this allocation was not immediately utilised
because the Foundation was instead able to Use a large donation received in early 2020 from
an individual donor to cover immediate capital expenditure requirements. Ongoing
investment in equipment and infrastructure across 2022 and 2023 designed to improve fleld
operations means the full designation of £50,000 has now been spent. The expenditure
included a new vehicle, new speedboat and long boat, cameras and camera traps and a drone
for ariel monitoring.
As such, total designated funds of £77,207 are carried over Into 2024.
Reserves pollcy
The Trustees belleve that it Is essential that the Foundation malntalns sufficient reserves to
allow It to continue its work through diff icult economic times, to allow flexibillty for cash f low
requirements in respect of committed programmes, as well as providing resources in the
event of any signlficant and unexpected expenditure.
The Trustees have set a target of twelve months, expected expenditure as a prudent minlmum
level of free reserves. This takes into account the need to have a responsible level of cover for
our long-term programmes, facilities and staff - which include 11 guard posts, 5 orangutan
reintroductlon and monitoring camps, 6 infant orangutans under soft-release process, 4 forest
restoration sites, I research station and a Country Office with 65 fulltime staff, and the
responsibility to implement work programmes that have been agreed under an Mou wlth the
central government.
Free reserves as at 31 December 2023 amounted to £2,203k 12022: £1,797k} whlch are
available to fund ongoing operations. This exceeds the minimum reserves target set by the
Trustees. However, the Trustees, in addition to ensuring that the Foundation can meet its
immediate obligations, also need to take into account the long-term nature of conservation
and need to be confident that any programmes run by the Foundation can be sustained in the
long term. Accordingly, the Trustees believe it prudent, at a time of rising global costs, to use
current reserves to invest in and ensure the sustainabillty of existing programmes rather than
initiate any new programmes at this time that may not be able to be supported wlth future
income. The Trustees also anticipate the signing of a new 3 year MOU with the Ministry of
Environment and Forestry IMOEF) in Indonesia to cover the period 2024 - 2027 and are
mindful of the need for fundlng to be available to implement the activities to be agreed within
this new MOU.
The trustees will review this policy on an annual basis.
The net assets of the Orangutan Foundation as at 31 December 2023 amounted to £2,280k
12022.. £2,183kl, there were no restricted funds at the year end12022: nil}, £77k is designated
funds and £2,203k is unrestricted funds.
li

Orangutan Foundation
Trustees, Report
The financial outlook
The Foundation was extremely grateful in 2022 to be beneficiary to several significant legacies
resulting in a healthy cash balance which has continued into 2023. The Trustees note a 26%
increase in expenditure in field activities in 2023. This is in part due to agreement by the
Trustees to invest in equipment and infrastructure while funds were available along with
Orangutan Foundation providing grant funding to support protection of the Tapanuli
orangutan in Sumatra. This increase in expenditure however is also due to inflationary
pressure which the Trustees believe will only continue to rise in the foreseea ble future, and
with elections to be held worldwide this year potentially creating financial uncertai nty, they
believe the current amount of reserves prudent to ensure the Foundation is able to support
con5eNation work in the field long term.
We continue to have a sufficient cash balance, which at the end of the year was £2,093k12022:
£2,172kl, to meet forecast expenditure in 2024.
Owin8 to the current cash balance, the Trustees have agreed an investment strategy
whereby funds surplus to operational requirement and excluding set reserves, can be
Invested in fixed term deposit accounts with well established banks achleving a FICS rating of
A in order to generate additional income from interest. The Trustees are aware of their
obligation to consider social, environmental and ethical factors with respect to their
selection of investments and are satisfied that they are taking a responsible approach. The
Trustees will also ensure that any investments made are within the scope of Orangutan
Foundation's governing document.
Pollcy for remuneratlon of key management
The Charity is managed, on a pro-bono basis by Ashley Leiman, who is a Director and Trustee.
Remuneration for other key management personnel is set with reference to an individual's
skills and performance with reference to current market rates. A review of remuneration is
undertaken on an annual basis and changes implemented with effect from l January each
year.
Related partles
Details of transactions with related parties are 8lven in note 5 to the financial statements,.
Statement of Trustees, responsiblllty In relation to the financlal statements
The Charity Trustees (who are also the directors of the Orangutan Foundation Limited for the
purposes of company law) are responsible for preparing a Trustees, annual report and
financial statements in accordance with applicable law and United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Charity Trustees to prepare financial statements for each year
which give a true and fair view of the state of affairs of the Charity and of the income and
expenditure for that period. In preparing the financial statements, the Trustees a re required
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent;
12

Orangutan Foundation
Trustees, Report
state whether applicable UK accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statements,.
prepa re the financial statements on the going concern basis unless it is
inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the Charity and to enable them to
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the Charity and hence taking reasonable steps for
the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and f Inanc5al
information included on the Orangutan Foundation website Iwww.orangutan,org.ukl.
Legislation in the United Kingdom governing the preparation and dlssemination of financlal
statements may differ from legislation in other jurisdlctions.
Independent Examiner
Blue Spire Limited was appointed to act as independent examlner for the Foundatlon In 2023.
The financial statements have been prepared in accordance with the provlsions applicable to
companies subject to the small companies regime.
Approved by the Trustees on
d signed on thelr behalf by.,
Ashley Leiman OBE, Director and Trustee
13

Independent Examiner's report to the Trustees of
Orangutan Foundation
Independent Examiner's Report to the Trustees of Orangutan Foundation {'the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the
year ended 31 December 2023 which are set out on pages 15 to 27.
Responsibllities and basls of report
As the charity trustees of the Company (and also its directors for the purposes of company
lawl you are responsible for the preparation of the accounts in accordance with the
requirements of the Companies Act 20061'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited
under Part 16 of the 2006 Act and are eligible for independent examination, I report in
respect of my examination of your Company's accounts as carried out under section 145 of
the Charities Act 20111'the 2011 Act'l, In carrying out my examination I have followed the
Dlrections given by the Charity Commission under section 145{5llbl of the 2011 Act.
Independent examlner's statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of
a body listed in sectlon 145 of the 2011 Act. I confirm that l am qualified to undertake the
examination because l am a member of the Institute of Chartered Accountants in England
and Wales, which Is one of the Ilsted bodies.
I have completed my examination, I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Company as required by
section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair
view, which is not a matter considered as part of an independent examination,.
or
the accounts have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and
reporting by cha rities,
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
//, r4
Geoffrey Frost BSclHonsl FCA
For and on behalf of..
Blue Spire Limited
Chartered Accountants
Cawley Priory
South Pallant
Chichester
P019 ISY
Date..
14

Orangutan Foundation
Statement of Financlal Activitles
For the year ended 31 December 2023
Unrestrlcted
funds
Restrlcted
funds
2023
2022
Notes
INCOME
Income from grants, donations and legacles
615,280
100,658
715,938
1,454,272
Income from charitable activities
16,784
40,371
57,155
59,439
Investment Income
32,677
32,677
579
TOTAL INCOME
664,741
141,029
805,770
1,514,290
EXPENDITURE
Expenditure on ralslng funds
43,783
43,783
40,487
Expendlture on charltable actlvltSes
Actlvities In the field
Educatlon - newsletter costs
439,888
3,252
140,978
580,866
3,252
459,906
4,146
Governance and support costs
81,172
51
81,223
47,971
TOTAL EXPENDITURE
568,095
141,029
709,124
552,510
NET INCOME / IEXPENDITUREI FOR THE YEAR
96,646
96,646
961,780
FUND BALANCES BROUGHT FORWARD
2,183,062
2,183,062
1,221,282
FUND BALANCES CARRIED FORWARD
2,279,709
2,279,708
2,183,062
All income and expenditure derive from continuing activities.
There were no recognised gains or losses other than those included above. The statement of financlal
activities also complles with the requirements for an income and expenditure account under the
Companies Act 2006.
The notes of pages 18 to 27 form part of these financial statements.
15

Orangutan Foundation
Balance sheet as at 31 December 2023
(Company Registration Number4624177)
Notes
2023
2022
CURRENT ASSETS
Debtors
193,226
2,092,654
16,734
2,172,495
Cash at bank and in hand
2,285,880
2,189,229
CREDITORS.. Amount5 falling due within one year
16,1721
16,1671
NET CURRENT ASSETS
2,279,708
2,183,062
NET ASSETS
2,279,708
2,183,062
Represented by:
U nrestricted reserves
Designated funds
Restricted reserves
2,202,501
77,207
1,796,975
386,087
2,279,708
2,183,062
For the financial year ended 31 December 2023 the company was entltled to exemption from audit
under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in
question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and for preparing accounts which give a true and fair view of
the state of affairs of the Charity as at 31 December 2023 and of Its surplus for the year then ended
in accordance with the requirements of $396 of the Act and which otherwise comply with the
requirements of the Companies Act 2006 relating to the financial statements so fa r as applicable
to the Charity.
These accounts have been prepared in accordance with the provisions applicable to companies,
subject to the small companies, regime.
The accounts were approved by the Board of Trustees o
u£1 signed on its behalf by
A Leiman, OBE, Director and Chair of Trustees
16

Orangutan Foundation
Statement of Cash Flows
For the year ended 31 December2023
2023
2022
Notes
Net cash flow f rom operatlng activitie5 (see below)
1112 5181
996,238
Cash flow from Investing activltles
Investment Income
Net cash f low f rom Investing actlvlties
32,677
579
32,677
579
Net Increase/ldecreasel in cash and cash equlvalents
179 8411
996,817
Cash and cash equlvalents at l January
2,172,495
1,175,678
Cash and cash equivalents at 31 December
2,092,654
2,172,495
Cash and cash equSvalents consist of..
Cash at bank and in hand
Cash and cash equlvalents at 31 December
2,092,654
2,092,654
2,172,495
2,172,495
Reconcilation of net income to net cash flow from operating activltles
2023
2022
Net Income for the perlod
96,646
961,780
Adjusted for,.
Investment Income
Decreaselllncreasel in debtors
Increase/ldecreasel In cred1tor5
132 6771
1176 4921
15791
33,896
1141
1209 1641
34,458
1112 5181
996,238
17

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
NOTES TO THE FINANCIAL STATEMENTS
The principal accounting policies adopted in the preparation of the fina ncial statements of the
Charity are set out below.
Basis of preparation
The flnancial statements have been prepared in accordance with Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charitles
prepa ring their accounts in accordance with the Financia l Reporting Standard
applicable in the UK and Republic of Ireland issued in October 2019, the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS
1021, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted
Accounting Practice.
Assets a nd liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy notelsl.
The financla I statements are prepared in sterling, which is the f unctional currency of the
company. Monetary amounts in these financial statements are rounded to the nearest
pound.
b)
Ora ngutan Foundation Limited meets the definition of a public benefit entity as defined
by FRS 102.
The principal accounting policies, which have been applled consistently th roughout the
year, are set out below.
Golnq concern
The trustees have assessed whether the use of the going concern basis is appropriate
and have considered possible events or conditions that might cast significant doubt on
the ability of the charitable company to continue as a golng concern, The trustees have
made this assessment for a period of at least one year from the date of the approval of
the financial statements. In particular, the trustees have considered the charitable
company's forecasts and projections and have concluded that the Charity is a going
concern.
d)
Income
Donations and subscriptions are recognised when they have been received by the
Charity. Legacies are recognised when the Charity has entitlement to the funds and the
amount due can be estimated with reasonable certainty.
Expenditure and liabilitles
Expenditure is recognised on an accruals ba515 as a liability is incurred, a nd irrecoverable
VAT is charged against the category of expenditure for which it was incurred.
18

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
Costs of raising funds are those costs incurred in attracting voluntary income and those
incurred in trad ing activities that raise funds.
Charitable activities include expenditure assoclated with donations direct to the field,
with much of the remainder relating to the printing of educational newsletters/
brochures, and include both direct costs and support costs relating to these activities.
Governance costs represent costs of Independent Examination fee5 and other costs
directly attributable to the management of the Charity's assets, organisational,
administration and compliance with constitutional and statutory req uirements.
Support costs include office and staff costs and have been allocated to actlvlty cost
categories on a basis consistent with the use of resources e.8. Staff costs by the time
spent, and other costs by their usage.
Liabilltles are recognised as soon as there is a legal or constructive obligatlon to make
payment.
f I
Debtors
Debtors are valued at the settlement amount due.
Cash
Cash comprises bank deposits repayable on demand.
h)
Credltors
Creditors and accruals are recognised at their settlement amount.
Toxation
As a charity Orangutan Foundatlon benefits from exemptions on Income and gains
falling within Sectlons 466-493 of the Corporation Tax Act 2010 to the extent they are
derived from charitable activities.
Fund accountlng
Unrestricted funds are those that can be expended at the discretion of the Trustees in
the furtherance of the objects of the Charity.
Designated funds are those that have been set aside by the Trustees to meet essential
future spending.
Restricted funds are those that may only be used for speciflc purposes. Restrictions arise
when specified by a funder, or when funds are raised for a specific purpose.
19

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
kl
Operating lease
Rental payments under operating leases are charged to the Statement of Financial
Activities on a straight-line basis over the period of the lease.
Foreign exchange currency
Assets, liabilities, income and costs expressed in foreign currencies are translated into
sterling at rates of exchange ruling on the day in which the transactions occur, except
for monetary assets and liabilities whlch are translated at the rate ruling at the balance
sheet date.
Penslons
The Orangutan Foundation operates a pension scheme in accordance with the current
pension regulations. The Foundation contributes to a Defined Contribution Scheme
operated by NEST, which came into effect on l January 2017.
Crltlcal accountlng estlmates and areas oAJudgement
In preparing financial statements It Is necessary to make certain judgements, estimates
and assumptions that affect the amounts recognised in the financial statements. There
are no significant estimates or judgements that have a material effect on amounts
recognised in the f inanclal statements.
INCOME
2023
Restrfcted
2022
Restrlcted
Unrestflcted
Total
Unrestrlcted
Totsl
Income from donotlon and le8acles
Membershlp Subscrlptlons
Oonatlons, appeals and 8llt5
Le8acles
Grants.. programmes
13,817
222,895
340,391
38,177
615,280
13,817
222,895
340,391
138,835
71S,938
13,257
268.884
1,068,634
30.310
1,381,085
13,257
268,884
1,068,634
103,497
1,4S4,Z72
100,658
100.658
73,188
73,188
Income from ch•rft4ble actlvltles
Adoption
Sale of merchandlse
Grants.. prolect5
8,814
7,970
8,814
7.970
40,371
57,155
9.851
9,027
9,851
9,027
40,561
59,439
40,371
40,371
40,561
40,561
16,784
18,878
Investment Income
Interest received
32,677
32,677
579
579
Total Income
664,741
141.029
805,770
1,400.542
113,749
1,514,290
20

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
EXPENDITURE
2013
Re$trl¢ted
202Z
Restrlcted
Vnrestrlcted
Toial
Unrestrlcted
Total
Expendlture on r•lslng Junds
Stall costs
Fundralsln8
Merchand15e
Travel and sub51stence
22,794
1,992
2,804
16,193
22.794
1,992
2,804
16.193
23,279
4,678
2.321
10,209
23,279
4,678
1321
10,209
43,783
43,783
40,4B7
40,487
Expendlture on chorltoblt tsrtlvltlej
Staff costs
Project Costs
ProgramrnÈ costs
Partner capaclty bulldln8
Research grants to Ind1vlduals
59,427
59.427
40.371
469,934
5,279
5,855
53,852
53,852
40,561
363,493
40.371
100,607
40.561
73,521
369,327
5,279
5,855
289,972
2,000
Cost ol Ileld opBratlon$
439,888
140,978
580,866
345,B24
114,082
459,906
Educotlon
3,252
3,252
4,146
4,146
Total éxpendltlrre on tharltable a¢tlvltles
443 140
140.978
584 118
349,970
114,082
464,052
GoveMt7nce support ¢0St5
Staff costs
Olflce costs, IT and telephonv
Governance costs
ForelAn exchan8e18alnl / loss
41,273
35,489
4,213
197
41,273
35,489
4,213
248
21,047
25,310
2,403
14561
21,047
25,310
2,403
17891
51
13331
81,172
51
81,223
48,304
333
47,971
Total expendlturé
568,09S
141,029
709,124
438,761
113,749
552,510
Project costs represent amounts donated for specific project5 as dlrected by the fundlng organisation.
These include., the Conservation of Critically Endangered Ape Populatlons Outside Protected Areas in
Central Kalimantan; the Protection of the Lamandau Wildlife Reserve and Buffer Zone.
Programme costs represent the cost of on-going operations in the field as undertaken by the
Independent Country Office.
21

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
STAFF COSTS
2023
2022
Wages and salaries
Pension costs
Socia I security costs
113,735
2,829
6,930
91,510
2,200
4,469
123,494
98,179
The average number of UK employees during the year
Field staff are employed and remunerated directly by the Indonesian Country Office.
Total employee benefits of key management personnel amounts to £48,73812022', £43,897) and
relates to l employee {2022: 1 employee). Ashley Leiman provides her services to the Charity on a
pro-bono basis.
There were no employees earning in excess of £60,00012022'. no employees).
TRUSTEES, REMUNERATION, REIMBURSEMENT OF EXPENSES AND TRANSACTIONS
Remuneratlon and relmbursement of expenses
Trustees recelved no remuneratlon {2022.' nil) and no trustees received reimbursement of
expenses12022', nill.
Transactions
During the year, payments of £15,00012022: £12,000) were made to Ashley Leiman for rent of the
Foundation's premises. Ashley, as owner of the property, Is a Director and Trustee of the
Orangutan Foundation. The payment, approved by the Charity Commissioners, recognises the
arms-length commercial relationship between the owner of the property and the Foundation,
22

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Accrued income
Gift aid receivable
Legacies receivable
8,793
7,848
176,585
7,500
8,234
1,000
193,226
16,734
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Accruals
Taxation and social securlty
Other creditors
2,500
2,516
1,156
2,381
2,157
1,629
6,172
6,167
23

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
8. ANALYSIS OF NET MOVEMENT IN FUNDS
RESTRICTED FUNDS
Balance at I
Jan 2023
Income
Expenditure
Balance at
31 Dec 2023
LAMANDAU WILDLIFE RESERVE
Camp Gemlnl costs and medlcal equipment
Forest RestoratSon Programme
Habitat Protection and Orangutan Rescue and
Reintroduction pro8ramme
Tenurial programme
8,200
43,747
18,2001
143,7471
10,000
38,711
iio,0001
138,7111
OTHER AREAS
Critically endangered oran8Utan populations
outslde protected areas
40,371
140,3711
141,029
{141,029
COMPARATIVE ANALYSIS OF RESTRICTED FUNDS
Balance at I
Jan 2022
Income
Expendlture
Balance at
31 Dec 2022
LAMANDAU WILDLIFE RESERVE
Camp Geminl costs and medical equipment
Forest Restoratlon Programme
Habltat Protection and Orangutan Rescue and
Relntroduction programme
7,438
37,217
17,4381
137,2171
22,554
{22,5S41
OTHER AREAS
Critlcally endangered orangutan populatlons
outside protected areas
46,539
146.5391
113,749
1113,749)
Descrlptlon of Restricted Funds
Camp Gemini costs and medical equipment are funds received to cover general maintenance and
medical equipment at Camp Gemini,
Forest Restoration Programme is funds received to cover forest restoration work including seed
collection, nursery, planting out and maintenance,
24

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
Habitat Protection and Orangutan Rescue and Reintroduction programme is funds received to cover
operating costs for Guard Post 25 and updates on orangutan TimTom in soft release for Born Free
adoption programme.
Tenurial programme is funds received to strengthen the long-term conservation of the Lamandau
Wildlife Reserve through resolving loss of forest from encroachment and restoring ec05yStem
function to increase forest ha bitat.
Critically endangered orangutan populations outside protected areas is funds received to undertake
surveys of orangutan population outside protected areas as well as local stakeholder blodlverslty
training.
UNRESTRICTED FUNDS
Transfer
between
funds
Jlance at I
Jan 2023
Intome
Expendlture
B•l•nce 4t
31 Dec 2023
De51Knated Fund5
Landscape Conservatlon Pro8ramme
Capltal Expendlture
Balance ol Mou lundln8
103,022
7,243
275,822
386,087
125,8151
17,2431
77,207
275 822
127S,8221
133,0581
77,207
General Funds
General Funds
1796,975
2,183,062
664,741
664,741
535,037
1568,0951
275 822
2,202,501
2,279,708
Yotsl
2,183.062
664,741
568,095
2,279,708
Landscape Conservation Programme are funds expended to support salaries and assoclated loglstlcal
costs in employing a Landscape Conservation Manager and Officer to implement the programme.
Capital expenditure are funds expended to purchase andlor renew equipment or infrastructure used
in the field.
Balance of Mou fundin8 are funds to support implementatlon of activities until May 2024 agreed under
an Mou with the Indonesian Minlstry of Environment and Forestry.
General funds are those that can be expended at the dlscretion of the Trustees in the furtherance of
the objects of the Charity,
25

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
NET ANALYSIS OF ASSETS BETWEEN FUNDS
Unrestricted
Restrlcted
2023
2022
Current assets
Current liabilities
2,285,880
16,1721
2,285880 2,189,229
16,1721
16,167}
2,279,708
2,279,708 2,183,062
10. COMMITMENTS UNDER OPERATING LEASES
Land & Bulldlng
2023
2022
Within l year
15,000
12,000
The amount expensed to the Statement of Financial Activities In the year was £15,00012022:
£12,000).
11. INDEPENDENT EXAMINER'S AND INDEPENDENT AUDITOR'S REMUNERATION
2023
2022
Examiner's fees- Examlnatlon
Auditor's remuneration- Audit
2,520
4,200
26

Orangutan Foundation
Notes to the financial statements
For the year ended 31 December 2023
12.
COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
Comparative statement of f inancial activities
For the year ended 31 December 2022
Unrestrltted
funds
Restricted
funds
Total funds
2022
Notes
INCOME
Income from grants, donations and legacies
1,381,084
73,188
1,454,272
Income f rom charltable activities
18,878
40,561
59,439
Other income
579
579
TOTAL INCOME
1,400,541
113,749
1,514,290
EXPENDITURE
Expenditure on ralsing f unds
40,487
40,487
Expenditure on cha ritable actlvltles
Activities in the f ield
Education
345,824
4,146
114,082
459,906
4,146
Governance and support Costs
48,304
13331
47,971
TOTAL EXPENDITURE
438,761
113,749
552,510
NET INCOME / IEXPENDITUREI FOR THE YEAR
961,780
961,780
FUND BALANCES BROUGHT FORWARD
1,221,282
1,221,282
FUND BALANCES CARRIED FORWARD
2,183,062
2,183,062
27