Secret WorLd Wildlife Rescue Registered company number: 04672215 (England and Wales) Registered Charity number5.' 1097119, 1097119-1 and 1097119-2 (England and Wales) REPORT OF THE TRUSTEES AND AUDITED CONSOLIDA TED FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR SECRET WORLD WILDLIFE RESCUE (SWWR) Uniting Direction t7ccounts incorporating.. SECRET WORLD LIMITED (company 03658767) THE BLUEBELL SETT CHARITABLE TRUST AND BLUEBELL SE Patrons.. Rose Buck, Lloyd Buck, Jilly Cooper CBE, Mike Dilger, sarah Fisher, Anthony Head, Martin Hughe5-Games, Simon King OBE, Desmond Morris, Chris Pockham CBE, Rhionna Pratchett, Volerie Singleton OBE, Chris Sperring MBE, Hannah Stitfall, Michaela 5trachan, Billy Heoney Registered with FUNDRAISING REGULATOR CONTENTS OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2023 Secret Wodd Wikllife Rescue-CONSOUDATED REPORT OFTHE TRusfEES- Incorporating the report of the Dlrectors forthe year ended 31Jt December 2023 LEGAL AND ADMINSTRATIVE D￿AlL5 Acthowledgements WHATWE DO Our wsion Our mi551on Where we work Public benefit ACHIEVEMENTS AND PERFORMANCE Achievements of objectives STRUCTURE, GOVERNANCE AND MANAGEMEMr Legal structure Group structure Organisational structure Trustee Goveinance and Recruitment Risk Management PEOPLE AND CULTURE Our supporteF5 Our patrons Charity managemen¢ leadership and Staffing Our employees and volUn￿eerS FOUNDER'5 REPORT REVIEW OF MAIN CHARITY ACTIVITIES Extemal Relations and FundralsFng Report Releases Report Events Report Learning and Education Report Volunteering Report Wildlife Care Report Facilities and Maintenance Report Retail Report F￿uftE PLANS FINANCIAL REVIEW STATEMENTOFTHETRu¥fEES' RESPONSIBILITIES INDEPENDENT AUDrroR'S REPORT CONSOLIDATED STATEMENT OF FINANCIAL ACtIVITIES CONSOLIDATED BALANCE SHEET CHARITY BALANCE SEET CONSOLIDATED STATEMENTOF CASH FLOWS NOTE5TO THE FINANCIALSTATCMENTS DETAILED CONSOLIDATED PROFIT AND LOSSACCOUNT li li li 12 20 21 25 29 32 33 34 36 39 40 41 42 43 53 Rescue Rehabilitate Release . Secret World Wlldlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Director5 for the year ended 31, December 2023 LEGAL ANDADMINSTRA TIVE DEtAILS 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 forthe year ended 31 December 2023. The financial statements comply with the Charities Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with United Kingdom Financial Reporting Standards (United Kingdom Generally Accepted Accounting Practices) Including FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland LEGAL STA TUS Registered Company number.'4672215 (England and Wales) Registered Charity number.. 1097119 (England and Wales Linked charitie5.' The 81uebell Sett Charitable Trust.. Charity number 1097119-2 (formerly 10786911 Bluebell Sett.. Charity number 1097119-1 (formerly 10483231 Linked truding company.. Secret World Limited.. 03658761 (England and Wales) REGISTERED OFFICEAND OPERA TIONAL ADDRESS New Road, East Huntspill, Highbridge, 5omerset, TA9 3PZ TRUSTEES Richard Hockey (Chairl (Appointed 04105120231 Wendy Goodwin (Vice Chairl Chris Stenlake (Treasurer) Chris Pawson Dominic Phillips Hilary Bltsor (Appointed 0711212D231 Roger Branton IResigned 02102120231 Marie Negus IResigned 12104120231 EXECUTIVE DIRECTOR COMPANYSECREfARY FOUNDER AND ADVISOR Jackie Palmer Chris Stenlake Pauline Kidner EXTERNAL ADVISOR Dr Elizabeth Mullineaux BVM&S, DVM&S, CertSHP, FRCVS, acvs Recognised specialist in Wildlife Medicine (Mammalian) Rescue Rehabilitate Release . Secret World Wlldllfe Rescue- CONSOUDATED REPORT OF THÉ TrUSTEES- Incorporating the report of the Directors for the year ended 31$1 December 2023 PA TRONS Lloyd Buck Rose Buck Jilly Ctsoper CBE Mike Dilger Sarah Fisher Anthony Head Martin Hughes-Games Simon King OBE Desmond Morris Chris Packham Rhianna Pratchett Valerie Singleton OBE Chris Sperrirlg MBE Hannah StitFall Michaela Strachan Billy Heaney 8ANKERS CAF Bank Ltd, 25 Kings Hill Avenue, King5 Hill, West Malling, Ken¢ MEI9 4JQ H58C Bank Plc, 8Canada Square, Canarywharf, London E4 SAH AUDITOR Prentis & Co LLP, usc Milton Rd, CambridgeCB4IXE{from oiJanvary2020) FUNDRAISING REGULA TOR Secret World Wildlife Rescue 15 registered wrth the Fvndraising Regulator and agrees to adhere to the highest standard of good prartice with their fundraising. The Charity follows The Code of Fundraising Prartice which sets the 5tandard5 that apply to fulldraising carried out by all charitable instltutions and third-party Ajndraisers in the UK. Registsred with,. Fundraising Regvlator. ACKNOWLEDGEMENTS The Trustees and Management would like to place on record theirthank5 tothe many people who contribute so much to enable the vital work of Secret WoAd Wildlife Rescue to continue, particularly during the establishment of our new Wildlife Treatment Centre and fvrtherdevelopment ofthe New Road 51te'. Our donors, friends, and supporters, to whom we remain totslly indebted. Our volunteers, wrthout whom we would struggle to function effèctively. Our SLfPPOrtive and dependable Patrons. Our dedicated and loyal employees. All the local businesses and tradespeople and our long-standlng corporate 5UPPOrters fortheirassistance and commitment. A sincere thank you to all who have supported Secret Wodd Wildlrfe Rescue in any way. • Rescue Rehabilitate Release • Secret World Wildlife Re5cue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31 December 2023 Whatwe Do OUR VISION To prevent wildlife suffering needlessly and to inspire in everyone a love and understanding of wildlife and the countryside. OUR MISSION Provide a rescue service caring for sick, injured and orphaned wildlife. Rehabilitate the animals in our care and return them to the wild wherever possible. Be a respected source of expertise and a centre of excellence where all Brit15h wildlife can receive the best care. Inspire learning about the world of British wildlife, encouraging everyone to discover what they can do to protect it. Rescue, Rehabilitate and Release.. Animal welfare is at the heart of what we do. Secret World Wildlife Rescue is a place of safety for wildlife. We are always there for wildlife. Respecting.. We are focused on using our resources wisely and celebrate the vital contribution of our SUPPOrters. We appreciate the devotion and passion of our volunteers and employee5, recognising that everyone has an important role to play. Sharing knowledge.. We champion sharing our expertise and enthusiasm with the public and other professionals. By engaging the public in learning about British wildlife, we help them to reconnect with nature and encourage protection of its heritage. WHERE WE WORK We work across the southwest of England, predominantly in Somerset, Bath, and Bristol. Local animals a150 come from Cornwall, Devon, Dorset, South Gloucestershire, and Wiltshire. Some wildlife is also brought to Us from as far afield as Yorkshire because of 5WWR's specialist experience in wildlife rehabilitation, particularly in rearing and rehabilitating badgers. Telephone ond email advice is also provided to thousands of members of public, veterinary professionals, and other wildlife rehabilitators, across the UK and overseas. PUBLIC BENEFIT Secret World Wildlife Rescue's charitable objectives are to undertake the care and rehabilitation of orphaned, injured or otheNise distressed wildlife," and to educate the public generally regardin9 wildlife with the aim of encouraging tolerance, appreciation, and respect for all wildlife. Rescue Rehabllilale Release . Secret World Wildlife Restue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Directors for the year ended 31" December 2023 In shaping our objectives and planning our artivitie5 to meet these objectives, the Trustees have considered the Charity Commi5510n's guidance on public benefit and consider SWWR carries Out its Charity purposes for the public benefit as follows.. We support our local community, free of charge, by rescuing orphaned, sick, and injured wildlife casualties, rehabilitating these and releasing them back to the wild, whenever possible. For animals whL)se injuries are too severe to enable them to be returned to the wild, the Charityi working with veterinary professionals, provides a quick and humane end to their suffering. The public benefits from the knowledge that there is a centre of excellence which serves as a place of safety for wildlife casualtie5. We are a respected source of expertise about caring for wildlife casualties, and provide free help and advice by telephone, email, social media, and printed materials to member5 of the public, other wildlife rehabilitation centers and their staff, veterinary professiona15, and others across the country. We provide volunteering opportunities for hundreds of local community members and companies that wish to 5UPPOrt our work. Volunteers also come from further afield in the UK and sometimes from overseas. Many volunteers are student5 gaining work experience,. some volunteers have special educational needs or disabilities and are gaining new social or work-based skills. Others are unemployed and working with us to learn new ski115 to help them regain their confidence and move forward finding job5, while others are retired and looking to offer their skills in return for new Social opportunitiesand the chance to contributeto a Charity thatthey feel passionate about. We inspire leaming about the world of British wildlife, encouraging everyone to discover what they can do to protect it, so helping to protect our natural environment for current and future generations. We do this through our educational activities, including our course5 and annual conference, and by communicating with the public through local and national television, radio, newspapers, the internet, and social media. We support other national rescue services, such as the police service and fire brigade, in rescuing trapped or injured wildlife on road5 and in other public places from situations that otherwise may place members of the public at risk. ACHIEVEMENfsAND PERFORMANCE IN 2023 The Trustees have pleasure in presenting their report, together with the financial statements for the Charity forthe year ended 3J5t December 2023. Here are ourKEY ACHIEVEMENTS IN 2023.. Helped over 4014 animals and given advice via the telephone, Facebook, WhatsApp and emails to over 12,629 member5 of the public. Over 15,703 hours of volunteer5, time provided to the Charity across all departments including Wildlife care. Succe55fully released over i,iio animals back into the wild. Over 60 educational events delivered to over 11500 people across all ages- including our SWWR certificate course awardees. Rescue Rehabilitate Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Director5 for the year ended 31" December 2023 Opened a new Charity shop in Bridgwater ACHIEVEMENT OFOBJECTIVES Strate lan 2021.202 An updated Strategic Plan for 2020-2022 was approved by the Board of Trustees in 2019. As a result of the impart5 of the COVID-19 pandemic, the Board of Trustees reviewed the plan in 2020 and agreed to roll it over in its entirety to 2021-2023. The Strategic plan describes three major operational aims plus a further four 'enabling' aims which are required to achieve these. Each strategic aim is described with several key features, specific 3-year objectives and the priority obiective5lactivitie5 that should have taken place in 2020. In 2022 the Charity progre55ed well with these aims, in particular becoming established in the new Wildlife Treatment Centre, considering plans forother areas of the site, and in the recruitment of new Trustees. An overview of the seven aims in the current 2021-2023 strategic plan is provided below.. In order to achieve ourvi5ion and mission.. We will provide an appropriate first-class animal care rescue, rehabilitation, and release service for sick, injured and orphaned British wildlife, re-affirming our position as a centre of excellence for highqualitycare. 2. We will provide fir5t-class learningi Outreach and professional development which inspires learning about the world of British wildlife, encouraging everyone to discover what they can do to protect it. 3. We will ensure ongoing engagement with supporters, follower5, media, otherstakeholders and the general public which is appropriate to each, broad-reaching and responsive to changing communication channels. How we will achieve our strategic aims.. We will be financially stable, operating with an annual balanced budget with diversified sources of funding les5 reliant upon legacies," ensuring we manage our resources efficientlyi and maintaining general resen/e5 in line with our agreed reserves policy. Rescue Rehabllltate Release Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEE5- incorporating the report of the Director5 for the year ended 31" December 2023 We will have constructed a newwildlife Treatment Centre, incorporating the Charity headquarters, fit to serve the Charity for the foreseeable future. (This was completed in 20211. 3. We will have robust and dynamic Charity governance, leadership and management which underpins the Charity and leads it forward, enabling our vision and values to be maintained, and which ensures the Charity operates in accordance with legislation and best practice. 4. We will have a working environment where ernployees and volunteers are helped to fulfil their potential and are appreciated,. where we work within a culture of equality and nondiscrimination,. and where all feel welcome and an integral member of the SWWR team. The Board of Trustees and the Seniorteam have started working on a new io-year Strategy focusing on 3, 5, 7 and finally io years, this will give u5 a real understanding of the needs of the Charity allowing us to focus, plan and develop the facilities on site and within our retail business. STRUCTURE GOVERNANCE AND MANAGEMENT LEGAL STRUCTURE Secret World Wildlife Rescue ISWWRI is controlled by its governing document, the Memorandum and Article5 Of Association dated 20 February 2003 and constitutes a limited companyi limited by guarantee, as defined by the Companies Act 2006. Secret World Wildlife Rescue1SWWRI Charity Iregistered in England and Wales, number". 10971191 was created to unite the existing charitable organisations, Bluebell Sett and The Bluebell Sett Charitable Trust. By uniting the organisations in this way, SWWR could become more efficient in the administration of the Charity and in the conduct of its operation5. Bluebell Sett and The Bluebell Sett Charitable Trust have been retained only to receive legacies and regular donations. The results of these unincorporated entities are included in these financial Statements. Audited accounts have been produced under the Uniting Direction order. GROUP STRUCTURE Secretworld Wildlife Rescue controls two unincorporated charitable trusts, Bluebell Sett and Bluebell Sett Charitable Trust. In addition, Secret World Wildlife Rescue a150 controls Secret World Limited, a wholly owned trading subsidiary which operates the Charity shops, rental of the Bluebell Barn for weddings and external meetings, and other commercial activities which raise funds for the main Charity. ORGANISA TIONAL STRUCTURE secret World Wildlife Rescue is the main operational Charity. It 15 governed by a Board of Trustees I Directors comprising a minimum of three and maximum of ten, responsible for the strategic governance, direction and management of the Charity. Trustees are actively engaged in developing 5WWR's policies, processe5 and capabilities across all functions. Rescue Rehobllltate Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- Incorporating the report of the Dlrectors for the year ended 31" December 2023 A total of nine Trustees served during the period of this report. The Trustee5 met for twelve Board meetings, Six of which were held "virtually" via zoom. The AGM5 for SWWR and its trading companyi Secret World Limited, were held in person in August 2023. TRUSTEE GOVERNANCEAND RECRUITMENT The AGMS for SWWR and its trading company, Secret World Limited, were held in person in August 2023. A former Chair of the Board, Roger Brènton, stepped down from the Board in February 2023 after many year5, seNice as a Trustee and Chair. His contribution, experience and support of SWWR, particularly in the development of the Wildlife Hospital were significant and immeasurable. Another Trustee, Marie Negus, stood down in August 2023 due to unforeseen family reasons. Marie made many significant contributions to the Board particularly with her professional knowledge of Fundraising. The Trustees, employees and volunteers would like to offer their sincere thank5 and gratitude to Roger and Marie for their time, advice, support and cofflmitment during their time on the Board. At the Board Meeting on 7 September 2023t Chris Stenlake stood down as Chair of the Board. Chris led the Charity through sorlle very difficult times such as the COVID crisis and the departure of a previous Chief Executive. Without his hard work and dedication, the Charity would not be in the strong and stable position it is today. Secret World Wildlife Rescue's debt and grateful thanks to Chris are immeasvrable. At the same meeting Richard Hockey was elected as Chair with Wendy Goodwin elected as Vice Chair. During 2023, after a selective recruitment process, the Board co-opted two further individua15 to complement the Board's existing skills matrix. One of those co-opted, Hilary Bloor, brings a wealth of experience relating to Human Resourcesi joined the Board as a full Trustee in December 2023. The other individual CD-OPted unfortunately had to step down after a month due to work commitments and the tirlling of meetings. However, after these issues have been addressed, they will be co-opted back to the Board in 2024. The Board now, perhaps more than anytime previously, has a broad and diverse knowledge base. Recruitment to further strengthen this is planned for 2024. Appointment of Trustees SWWR has developed and maintained a rigorous process for the recruitment and appointment of it5 Trustees. Detailed job descriptions have been formulated and used when advert15ing vacancies which are advertised publicly. Prospective candidates are required to provide up-to-date Cvs, complete a skills audit and attend an interview with a Board panel of at least two Trustees to ensure they have the skills needed, If selected from Inte￿ieW two suitable references are also sought and DBS checks are undertaken if appropriate for their role. Rescue Rehabililate Release . Secret World Wlldlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Directors for the year ended 31. December 2023 Trustee Induction and Training All prospective Trustees are required to have individually designed induction training. This involves thern spending at least one day meeting senior management and other key employees and volunteers, as well as being briefed about key operational areas, including animal care and fundraising. Trustees are then encouraged to start using their specific strengths and experience to contribute to discussions and meetings and begin supporting and advisin9 on specific initiatives that play to their strengths. RISK MANAGEMENT The Trustee5 have a duty to identify and review the ri5k5 to which the Charity is exposed and ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The ongoing operational, business, financial and reputational risks faced by the Charity are identified as follows.. Failure to develop and agreea resifient financial policy, including reseTves policy, to Sustain SWWR Failure to securethe funding required to sustain SWWR fallure to prowde effective goveTnance Failure of Èffective operational management Failure to comply with statutory and leBi51atÉ¥e requirements Failure to develop and agree a Strategic framework (I￿rIty will struggle to remain eifiaent, relevantand finacially sustainable Failure to adequate￿ plan forsuccession following retirement of Founder Loss of operational facilrf(ies and systems The Trustee5 confirm that they have established systems to mitigate significant risks and have prioritised efforts regarding risks Wlth highest probability and significant potential impact, A robust Set of mitigating action5 are in place with relevant managers, together with the Board of Trustee5 and the Executive Director taking ownership of their risks. Thi5 will give greater control over risks and enable the Board and Senior managers to plan preventative action before anything untoward occurs. Rescue Rehabilitate Release • Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- Incorporatlng the report of the Directors for the year ended 31, December 2023 PEOPLE ANDCULTURE OUR SUPPOR TERS Secret World Wildlife Rescue would not exist or carry out the amazing work we are able to, without the ongoing backing of our loyal sUPPOrters. It was fantastic to see our 5UPPOrters at open days and increasingly at other events as the year progressed. We are constantly in awe of their generosity in giving both theirtime and financial donations to the Charity. From us all at SWWR, please accept our sincere thank5 for all your support in 2023. OUR PA TRONS Our Patrons (listed on page il continued to contribute to offertheir name, support, and advice to the Charity. CHARifYMANAGEMENT, LEADERSHIPAND STAFFING In 2023 the board of trustees appointed Jackie Palmer as Executive Director, who rose to this challenge remarkably. Jackie is supported by a Senior Management Team ISMTI including the Charity Founderand Advi50r Pauline Kidner15ee Founder's Report Pl31 and Scientific Advisor, Dr Elizabeth Mullineaux, Mike Still Head of Retail and Daniel Harding Head of Finance. Sadlyi Josie Nott rllade the decision to leave Secret World. Laura Bennett wa5 appointed Head of Wildlife care,. Laura comes to US Wlth a wealth of knowledge and experience. New regulations for veterinary care in September meant that Secret World has had to become a veterinary practice premises and now employs a part-time vet. With the extra pressure of wildlife care the Charity is hoping to extend the reception duties from 8am - 8pm to 6am through to midnight with an advice service from midnight - 6am, This necessitated our staff being prepared to change working patterns In December 2023. OUR EMPLOYEES AND VOLUNTEERS Secret World Wildlife Rescue provides seven day a weeki 365 days a year service for between 12-16 hours per day depending on time of year. This requires the services of a large number of employees and volunteers, especially in the busy spring and summer seasons. During 2023 Secret World Wildlife Rescue employed an average of 23 full-time and 9 part-time employee5 on the main 51te and at its Charity shops. This equated to 27.7 WTE (Whole Time Equivalentsl. In addition, our casual workers performed an invaluable function covering evening shifts, weekends, and employee5, absences, often at Short notice. As is the case in all organisation5, during 2023 we said goodbye to some employee5, Wlth li employees leaving us to take up new roles. When employees leave it Is good to reflect on how rnuch they have grown and their knowledge has developed during theirtime with us. Many employees took up exciting new post5 in other parts of the UK and in some cases even new countries. Although they are no longer with us at Secret World Wildlife Rescue, many of them are still in touch and continue supporting the Charityj VlSlting and helping as volunteers from time to time. Thanks to all those employees who left Us in 2023 and we wish them well. • Rescue Rehabilitate Release • Secret World Wildllfe Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Dlrectors for the year ended 31" December 2023 We also welcomed li new employees, they come with a wealth of knowledge and experience that wil lead Secret World from strength to strength into 2024. Secret World Wildlife Rescue relies on the generosity of volunteer staff and in 2023 our Head of Volunteering recruited an impressive 190 new volunteers Founders Re ort- IPauline Kidner, Founder and Advisor) We had our first course on 'Setting Up a Wildlife Hospital, a5 an addition to the other courses we generally hold. A specific course on Foxes and Garden Bird5 was also added to list of wildlife courses as part of our educational programme. Our 4 Conference took place on a weekend in February with one day for Conservation and the other for Wildlife Rehabilitation. The followin9 Monday a Wildlife Hospital meeting was held at Secret World with 20 people representing io centre5. This was a very useful day for exchanging ideas and solving problems that we all seem to share. It was a vet leaving after the conference who saw a badger on the M5 motorway where the carriageways split. The badger was on a narrow ledge of concrete next to the fast lane and had been there all day. The vet recognised that the badger was still alive and contacted u5. With help from the Traffic Police, all traffic was stopped allowing our staff to rescue it. Netted successfully despite being next to a 20 metre drop and recorded on a go-pro camera, the rescue went viral. In early spring a letter received from the RSPCA, which had gone out to all wildlife rescue centres and vet5 nationally, made u5 all aware thatthey were no longer responding to '* I wildlife casualties the size of a rabbit, hedgehog or bird. j* Members of the public were to be told to take the casua5ty to their nearest wildlife centre or vets. This was additional pressure on our staff and volunteers throughout the year. To make matters worse, the whole year was affected by Avian Influenza and our admissions of birds were dealt with outside the building and then taken to an isolation room for several days before taking them into our bird section. Sadly, throughout the 12 month5 we were unable to take swans, seabirds and wader5 which was incredibly difficult for our staff and volunteers who just want to save animals. Our Easter Open weekend was cancelled due to the very wet weather leading up to the holidays. Unfortunately, we were unable to use the field for parking, so we were unable to welcome the public to our centre. Our Fundraising Manager David Plant took on a sponsored walk to help with the funds and raised over £31000 which was amazing. Our staff and volunteers were put forward to the Pet Plan for the Charity Team Award and I'm very pleased to say that SWWR were the winner5. A well-deserved award because our team had worked so hard and sUPPOrted each other to overcome the extra work caused by public events and new projects through the year. 12 • Rescue Rehabllltate Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Directors for the year ended 31, December 2023 Petplan Petplan Petpia lan etplan rty In We had two main news stories through the summer. Two little owls were found underthe Pyramid stage at the Glastonbury Festival and a nest of bluetit5 that had nested in the wing mirror of a horse box. The horse box had travelled 3 hours to Somerset without realising they were in there. Eventually the mirror was disconnected and brought to Secret World with all 8 fledglings Safely removed and were soon feeding. Training was given to the Sornerset and Devon Badger Group on Badger rehabilitation and rescue. Secret World has worked through the year with the BadgerTru5t to help create new fact f11es to help badger groups throughout the country- with our involvement being veterinary advice, badger cub rearing and adult badger rescue and care. A Secret World two-day conference in Calderdale about badgers was attended by badger group members from Derbyshire, Lancashire and Calderdale to name a few. Over 50 delegates attended. Special open day5 at Secret World were held for Friends of Secret World, neighbours, release site landowners and corporate companies, Talks held locally for W.l.'s, Royal British Legion, U3A and church groups. Zoom talks were held for the Scottish Badgers and Leicester Wildlife Trust. 13 Rescue Rehabililate Release . Secret World Wildlife Restue - CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Dlrector5 for the year ended 31, December 2023 We were Sad to hear that Guernsey Rescue was closing down especially as we have worked with them in the past. Sue Vidamour, the Founder, came to V151t and gave us a wonderful donation of £95,000 as she was distributing the Charity's assets. We are indebted to her for such a wonderful donation. '4. After 30 years of wildlife rescue, we were sent out for our first rescue of beaversl These were two yearling beavers that had become trapped in a storm drain. They recovered and were eventually returned to the wild. It ha5 become increasingly evident that some of our pens are reaching the end of their lives. We need to start planning replacements but need to improve utilities through the centre before any new build can take place. Extra veterinary requirements will have to be taken into consideration in future plans. io years after the first cull of badgers in Somerset and Gloucester, 210,000 badgers have now been culled. Secret World attended -.* petition outside Parliament with our costume'Bluebell' to highlight the senselessnes5 of killing so many badgers. Culling of badgers now covers nearly two thirds of England. We have sadly lost several long-term volunteers this year, all became friends and are very much missed. Chris Cornell, who had supported Secret World right back in the 1990,5, has left his biological collection to the Charity. Item5 that are indigenous have been kept to create a display in our education area and the remainder ha5 been sold as requested. i am sure this collection will be a wonderful asset. Our Charity 15 committed to becoming paperle55 Wlth a new recording system that is slowly being introduced ready for next year. We aim to be more environmental our actions and by using the right substances on site. Our wildflower hedgerow is continuillg to progress with an ever-increasing number of specie5 that we hope will become a strong seed dispersal to other enclosure5 and pathway5 across the centre. 14 • Rescue Rehabilitale Release Setret World Wildlife Rescue - CONSOLIDATED REPORT OF THE TRUSTEES- Sncorporatlng the report of the Directors for the year ended 31 December 2023 External Relations and Fundraising Report- (David Plant, Fundraisin9 Manager) The cost-of-living crisis continued to bite in 2023 and we were not immune from this, Wlth the c05t of everything going up and lots of people less able to donate. However, our sUPPOrters' commitment to helping wildlife never ceases to amaze us, and despite the challenges were delighted to end the year with a healthy income. While some areas of fundraising- appeals, events, collections, and adoptions- brought in less than we'd hoped, other areas- un501icited donations, in-memoryj collection boxes, corporate, and community- did better than expected. It's sometimes difficult to pinpoint whyi but receiving a lot of publicity is likely to have been a factor, helpin9 Us reach a wider audience. Legacy income is crucial as always, making up almost half our total income in 2023. Though unpredictable, gifts in wi115 are a vita1 source of income for us and were up 5o%on 2022.Thankyou so much to everyonewho donated money, bought us essential items, raised rnoney, shared our social rnedia posts, gave us things to sell in our Charity shops, attended an event, and sent us fundraising ideas. All your collective contributions really matter and help give sick, injured and orphaned animals a second chance at life in the wild. Some extemal relation5 and fundraising highlight5 from 2023.. Thank you Rescue Rehabllltate Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Dlrectors for the year ended 31" December 2023 A great start to the year as 5WWR was chosen at the Ritz Social Club's 2023 Charity of the Year. Thanks to a busy events calendar, including three pub quizzes, a sponsored walk and a race night, they helped raise £2,654.50. The Christmas quiz was a particular highlight, one of their busiest ever raising over £400. Protect the Wild kindly donated £2,500, and aftervislting our centre they shared ourwork on their blog and social media, giving great exposure to their Significant supporter base. Supporter Sue Perkin5 and a couple of friends ran a Christmas craft stall with proceeds to SWWR. Raised E479.20 in total. Our"Baby Shower for our Orphans" spring appeal raised jv5t under £10,000, allowing us to purchase new incubators and feeding equipment. Two daredevil fundraisers took on our"Skydive for Wild Lives" challenge in April, bringing in sponsorship of £1,547.26 between them. We were chosen by Barratt Developments South-west for £11500 donation after a succe55ful application to their Barratt David Wilson Community Fund. Our friends at Somerset Passenger solutions were busy fundraising with staff Christmas shopping trip and raffle which raised £316 in total. David, our Fundraising Manager, walked almost 30 miles between our charity shops on a warm day in May, raising a fantastic £3,386 in sponsorship. A kind supporter donated a Specially commissioned hedgehog painting for us to raffle, which helped raise £1,231. Profit on sales through our Teemill store raised £112.73. We found ourselves in the centre of a big media story in July, after the news of "Axl and 51ash" the little owls found under the Pyramid Stage at Glastonbury Festival received global coverage. The story Was shared by outlets in Japan,1srael, and Canada, and got a mention on the real Slash's Instagram. 16 Rescue Rehabllitate Release Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31" December 2023 An amazing volunteer organi5ed a group of people to do the Tough Mudder 15K in August, includin9 our Learning and Engagement Officer George. The seven brave fundraisers brought in £11154 between them. We updated our online presence with a new event5 website. This ha5 made it much easier for people to register forfundraising and education events. We also started giving donors the option to give a little extra and coverthe processing fees for their donations, which had a very good take-up and generated £363. Lots of sUPPOrter5 raised money while buying and selling online, including Give as you live1£108.671, Easy Fundraising1£20.071, and eBay for Charity 1£3,209.381 Beverley Bowe and Helen Allen raised £451 Wlth an online craft auction. We were delighted to be involved with the first Highbridge and Burnham Eco Festival. The council-run event was opened by our founder Pauline and featured a talk about litter by George. Our Charity of the Year partnership with Radstock Cooperative Society carlle to an end in July and we were blown away bythe level of support. Through collection pots in their stores, a store manager doing a skydive, and company donations, we received an incredible £51514.67 through this partnership. Ashwicke Classic Trails Club raised É355 through their motocr055 event. Our popular wildlife adoptions brought in £381508. These are purchased either as one-off annual gifts, or as ongoing support through a monthly donation. Our rebranded"Fun Day" public events were popular again, although attendance was down on last year overa11. The Easter event was sadly cancelled due to very wet weather in the weeks before, a common problem at that time of year. Total attendance for our May and August events was 11928. Facebook and Instagram users were generous again this year, donating E3,593.42 to fundraising pages and £998.36 to donation post5. It Was a great pleasure to host our annual Auction and Ball at the Webbington Hotel once again. Thi5 fun evening of food and entertainment Is a great opportunity for us to spend time with supporters old and new, and made just under £4,500 proPIt. Rescue Rehabllitate Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31, December 2023 • Bakkavorf5 Highbridge factory showed their svpport forwildlife again in 2023. They raised £686 through on-slte fundraising activities, running a hot dog Sale and Halloween raffle. The company's head office very generously matched this amount, doubling the amountl • Collection pots hosted by businesses and collections at events brought in a fabulous £6,178. All that spare change really does add upl Special mention to the Black Cat Micropub in Weston- 5uper-Mare who use theirs as a"swear jar,-" they dropped off an incredible £341.15 from this. A team of volunteers, led by our Head of Volunteering Gemma, collected for Secret World at Bridgwater Carnival. It Was a privilege to be involved with such an important local event and we're grateful to everyone who threw a coin in their buckets. We received a very nice £277.31 from the event. It was our pleasure to get involved at Glastonbury Frost Fayre, which gave us an opportunityto take over the space outside our charity shop as well as having a stall on the High Street. A long and cold day but well worth it,. we raised just over Eli7¢XI between the stalls and shop sales. Our"Inten5ive Care Kennels" autumn appeal raised just under £14,500 for some bespoke multi- use pods for our badger room. Notjust for badger5, these will be used for different species based on seasonal needs. Several supporters took advantage of our Free Wi115 offer from Bequeathed, with most choosing to include a gift for wildlife. We welcomed new 5UPPOrter5 to the'Friends of Secret World, group, which give5 people regular benefits and updates to say thank you for helping wildlife. Friend5 donations totalled £8,708 in 2023. The talented Ferne Creative designed and 501d a hedgehog pin badge to raise money for wildlife. Sales are ongoing with a first donation of £200 made at the end of the year. Thank you for an unexpected E500 donation from the Music Royalty Company. We were nominated for their Christmas charity gift by their CEO and succeeded in a staff vote. Rescue Rehabilitate Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31, December 2023 Grants, in-kind donations, and corporate support It's not just cash donations that keep our Charity running. We are only able to keep our doors open for British wildlife due to the incredibly kind individuals, groups, and businesses who donate products and expert15e in 5UPPOrt of our work. Donation points in local Supermarkets and pet shops have given us a Steady supply of pet food and cleaning products, and we have continued to Use our Amazon Wishlist for more specialist and urgently needed products. We are 50 grateful to everyone who uses these, and for responding to appea15 for blankets, towels, and newspaper. You are saving us thousand5 of pounds a year and helping us utilise cash donations where they are most needed. OJ y1¢.+ We are incredibly grateful to the following organisations for awarding us grants throughout the year.. The A & R Woolf Charitable TrusL Joanna Toole Foundation, lean Sainsbury Animal Welfare Trust, The Beryl Evetts and Robert Luff Animal Welfare Trust, The Calypso Browning Trust, The Rose Animal Welfare TrusL The Treasure Charitable Trust, Hare Preservation Trust, Holbeche Corfield Charitable Settlement, and The Walker 597 Trust for support with our day-to-day wildlife care costs, The Ostacchini Family Charitable Trust and Marjorie Coote Animal Charity Trust for their contributions to the cost of upgrading our facilities and enclosures. The Audrey Emma Lamb Charitable Trust for helping with our release costs. Michael and Shirley Hunt Charitable Trust and Animal Saviours for providing funds to help us purchase new incubator5. With so many generous corporate and professional supporters it is obviously impossible to list them all, but in 2023 particular thanks are due to the following local and national businesseslorganisations for their significant support.. Asda Highbridge Bakkavor Desserts The Black Cat Micropub Churchill Inn Cobbs Wholefoods Somerton Cora & Co. Crusty Cob Burnham Diverse Fine Foods Experience Day5 Grand Pier Weston-super-mare Hayne5 Motor Museum Holland and Barrett Street Kingston Veterinary Group Axe Valley Vets Bird in Hand 8ridgwater Bridge Veterinary Surgery Highbridge Cintra HR & Payroll Sebvices Coop Woolavington Crowpill Stores Deane Veterinary Centre Edge Sculpture Glenmore House Vet Surgery Guernsey Animal Aid Hiddel Brock Wood Homesense Taunton Kite Packaging 19 Rescve Rehabilitate Release . Secret World WildllFe Re5cue-CONSOLIDATED REPORT OFTHE TRUSTEES- Incorporating the report of the Directors for the year ended 31 December 2023 Langford Small Animal Prattice Monkton Elm Garden Centre The Music Royalty Company Owley Woods Glamping Protectthe Wild Radstock Cooperative Society Rosemary Lodge Vet Hospf(al Somer5et Passenger Solution5 The Tank Museum Tesco Glastonbury, Weston-super-mare & Yeovil Unity Fami Brean Wesgex Water WookeyHole Cave5 Midsomerveterinarycentre Morrisons Bridgwater Natural Pets of Wells Pets at Home Yeovil Puxton Pad( The Ritz Social Club Sometset County Cricket Club Spar Cannington Tecni LTD Toogie5 Café Vale Vets Wildlife Wodd Yeo Valley Release Report- (Charlotte Wroe, Release Co-ordinator) badgercubs were 50ft released into the wild in 2023, unfortunately a serieg of #orm5 shortly after moving made their return tothe wild complicated. Theywere released eadierthèn they norrnally would be and di5per5ed from theirartificial setts soon after being set fvee. They are returning to forage in Spring 2024 and checking out their artificia5 setts. One badger cub was retumed to where it came from, It Was an urban clan with a big park to forage in and plenty of gardensto support them. 26 fox cubs returned to the wild in 5 different groups. One group of three male5 attrarted local foxes whilst in their 50ft release enclosure. We soft release orphaned wildlrfe 50 they can meet the wildlife that resides there already and it's always magical to see that happening on trail cameras. One of the males has stayed at the site and paired with a female. 'J*kL- 20 Rescue Rehabilitate Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- Incorporating the report of the Directors for the year ended 31 December 2023 Event Re ort (Abby Clark, Event5 Co-ordinator) Private Event5 Built in 1902, the Bluebell Barn was originally used to house pigs, chickensi goats and eventuallyi was used as temporary accommodation for recovering hedgehogs. The barn was affectionately named after one of the first badgers reared by founder Pauline Kidner, called Bluebell, with whom she had a close relationship even after its release. The Bluebell Barn now. Now, with it5 original ioo-year-old stone flooring still intact, the barn can be hired out for private funrtions. All of the funds from its hire go towards continuing the work of rescuingi rehabilitating and releasing injured and orphaned British wildlife. The barn can be hired for parties, wakes, corporate meeting5 and more. A huge focus for 2023, has been setting up the venue to grow the revenue taken from private events and from weddings specifically and becoming more prevalent within the events sector in the Southwest. The Bluebell Barn housing goat5 21 Rescue Rehobllitate Release . Secret World Wildlife Rescue - CONSOLIDATED REPORT OF THE TRUSTEES- Incorporating the report of the Directors for the year ended 31 December 2023 Wedding5 In 2023, the Bluebell Barn held 3 weddings, with a total revenue of £2,290.00. Kate and Jack's wedding at the Bluebell Barn in June 2023. To help us in growing this method of fundraisingi a few objectives were put into place.. l. Invest in the venue to ensure that It is safe and functional for private events. 2. Promote the venue a5 a semi separate entity to the Charity. 3. Begin to connect with other businesses Wlthin the sertor and connect with the local industry as a whole. 4. Put into place wedding packages and an efficient booking proces5. Investment into the barn during 2023 included.. 50 new chairs- were purchased to ensure quality and uniformity Glassware 50 white chair cover5 Sweet cart to hire out Chair Sashes 15 Branded Carafes Graphics for glass Easels Investment into the barn will continue into 2024 to ensure it Is functional and remains clean and tidy. Promotion forthe venue came in print and online. The aim of this promotion was to start to establish an identity for the 81uebell Barn. The venue need5 to be seen as separate from the Charity to some degree. This will allow those looking for venues to be introduced to it even if they have no previous knowledge of the Charity, However, it Is also important that the work of the Charity stays at the forefront of the Bluebell Barn as one of the main selling points. People introduced to us this way will then hopefully go on to become long term supporters. 22 Rescue Rehabilitale Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Dlrectors for the year ended 31" December 2023 In 2023, as well a5 pushing the venue regularly in SWWR publications, the main Charity social media pages and during fundraising events, the following action5 were taken.. Print adverts We5tem Time5 5omerset life Se arate Facebook esetu for the Bluebell B Set up in November 2023, currently has 42 followers and 17 likes. intoc nnect with other bu inesses within the sertor and connect with the local indust Be To help us in making connections within the industry, we have been working on creating a preferred suppliers list for our private functions. So far, we regularly recommend a florist, photographer, caterer and make-up artist. In return, our client5 receive io% off their service5. 3 wedding packages have been implemented, The packages are named after British wildlife,. Hedgehogi Fox and Stag packages. They are various sizes and prices, to accommodate everyone's budget. As well as package5, we have created a list of additional extras that can be added. This is essentially a list of all the services we can feasibly offer at this point. Basic rates now range from £780 - £2,230 with upselling available on top of this. A booking process has now also been irnplemented. s booked and forecast for 202 With implementation ofthe new changes, we currently have 7 confirmed weddings booked for 2024Wlth an overall value of £12,677.14. Pricing and packages for other functions such as parties and wake5 need to be looked at and updated, Weddin Fun Da Fun Days calendar for 2023.. Unfortunatelyi due to bad weather the Easter weekend event had to be cancelled. Ma Fijn Da Attendance - Adult 634, Child 299 Au ust Fun Da Attendance- Adult 547, Child 448 2023 marked the lastyear of running ourtraditional Fun Days forthe foreseeable future. We have decided that we want to trial running events with more of an educational focus. 23 Rescue Rehabllltale Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Dlrector5 for the year ended 31" December 2023 Auction and Ball 2023,5 annual Aurtion and Ball took place on October 21, at the Webbington Hotel and Spa with 168 attendees and included a three-course meal. The theme was'Down under in Australia, and the entertainment was a Casino, DJ, Live Band and a Magician. The auction had 82 silent auction prizes, and 12 main auction prizes. 6 Sponsors sUPPOrted Us and we employed 8 staff and li volunteers on the night. EAp¢ns•S Adv¢rEisin8 8all Post¢r5 8all Proitarnrne Ca51no Disto Band lag.'ri3n Siafl Food Oecorhiion5 E%peD5CS WtbbirtVQn 71 S8 Ico 00 630 00 270.0) aoo 00 400 00 8429 1.007 15 69QQ S.29300 93104 L29 20 9.385.28 siai.ortiry Total Expenses Financial Report- 8all and Auction 2023 2023 Income Main Auction 3.280.00 1,677.00 370.00 E.145 00 0.00 k.yso.00 5.635 00 3￿00 14,157.00 Casino DoDaiion5 Ad'lerts In Pfogramme Total In£ome 24 Rescue Rehabilitate Release . Secret World Wildlife Rescue - CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31, December 2023 Improvement5 for2024- We would like to look into other ways in which to run the silent auction to cut down on the staff, time and resources required. Trièlling the eventwithout a theme to make its organising easier, more replicable, and ultimately redvce expenditure. We would like to receive more sponsorship to help in coverin9 our costs. We would like to improve corporate interest to boost ticket Sales. rt- (George Bethell, Learning & Engagement Oflicerl Learnin and Education Re Children's and oun adults, education Our aim is to inspire a love of nature within young people and encourage them to learn more about the environment and how to protect it. 2023 presented an opportunity to continue educatin9 local schools and corllmunity groups about Britlsh wildlife. Across the course of the year our Learning and Engagement Officer George was able to speak to over 40 community, youth and school groups, discussing the dangers faced by British wildlife and talking about what we can do to help wildlife in our local area. The southwest division of the National Fostering Agency brought a group of young people and their carer5 in the half terms throughout 2023, they learnt about Secret World and joined in lots of different activities such as pond dipping and nature walks. It was promising to see that despite the retiring of our birds of prey our engagement figures remained on a parwith 2022. Desplte having to cancel our Easter open weekend due to inclement weather our May and August'Fun Days, were a success and we continued to educate the public about the work of Secret World. We expanded on our'working with Wildlife, course in the summer holidays, opening it up to 14 and 15- year olds with an interest in wildlife. The 3-day course was targeted at those interested in studying animal care or ecology and considering a career in the industry. The course offered a mixture of lectures and hands on practical sessions finishing with a careersession where some of our wildlife carers offered an insight of how they got into the industry and were available to answer questions. Our Learning and Engagement Officer George is always looking at new ways of expanding our educational offering and 2023 was no different. We introduced a practical hedgehog house makin9 workshop, this proved a hit with over 40 hedgehog houses being made throughout the summer. We were able to use these to release some of our hedgehogs and sell in our Charity shops. 25 Rescue Rehabllitate Release . Secret World Wildlife RescL¢e - CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31 December 2023 Adult engagement and learning In 2023 we continued to run our ever-popular wildlife rescije and rehabilitation courses, they have continued to grow and have a very good following online with attendees from the UK and farther afield. In the future we would like to expand these courses and invest in an online learning platform to host them all. Plans for 2024 In 2024 we hope to be able to offer some sessions for home educator groups alongside getting some funding to offer some free education sessions in the community. It would be great if we could further develop our links with other charities such as the RSPCA and Somer5et Wildlife Trust. With the hire of our new vet we will be looking to host our veterinary CPD courses again Bs these have proven very popular amongst vets and veterinary nurses Volunteerin Re ort- IGefflma Payton, Head of Volunteering) At the beginning of 2023 we launched a new combined staff & volunteering database called Bright HR in replace of the current system Better Impact. Before the crossover we had 350 registered volunteers, however many of whom were not actively volunteering so it was not a clear reflection. In orderto create a volunteer profile on the new database, volunteers had to actively re-registerthemselves online which gave us a true number of volunteers, approx. 150. Over the course of 2023, we have recruited over 190 new regular volunteers and now have a total of 340 active volunteers and increasing every week. In 2023 volunteers contributed 15,703 hours of time at the main site, this equates to £163,6251+3% on 20221. These figures do not include the hours contributed by over 70 response drivers that collect & transport injured & orphaned wildlife on our behalf, or our 30+ retail volunteers that volunteer at different locations off-site. We heavily rely on the support of volunteers across all departments. De artment Wildlife Care Reception Maintenance Retail Events Number of Volunteers 116 36 34 78 Response Drivers Ambulance Drivers Student Placements Education 36 Without the generosity and dedication of our volunteers, the Charity would not be able to function across all these organisational area5 and achieve everything that it does. 26 Rescue Rehabllltote Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Oirectors for the year ended 31" December 2023 In 2023 we had 36 volunteer Placement Students, Wlth placements ranging from 3 weeks to iyear. They come to us to gain work experience and training from our Wildlife Care experts, often with ambitions to move into wildlife, veterinary or other environmental careers. They are able to learn a great deal during their time with the Charity and we have always received positive feedback with many returning to volunteer or work with us when they have some time to do so. In 2023 we had 14 corporate groups, totalling an extra 46 pair5 of helping hands. Corporate volunteer days provide vital volunteer support for our manual outdoor tasking all year round, especia15y for specific projects. In 2023 we hosted 23 volunteer introduction tours Itotalling approx. 230 people) of the treatment centre and site for potential new volunteers. It's a way for us to invite people to learn more about what we do and how they can get involved in a volunteering capacity based on what will suit their skills and availability. We have been busy during 2023 creating a more stwctured approach to the volunteer recruitment and induction proce55 Wlth a specific induction training PowerPoint for each department including for our response drivers who mostly volunteer independently from the main site. (Laura 8ennet¢ Wildlife Care Manager) Wildlife C re Re n2 EOC 70G .00 7>1 400 X3 132 153 81 Q 61 'QC. 16 10 Chart showing the number of casualties admissions and call outs in 2023 by species group. In 2023J 4014 wildlife casualties were admitted to Secret World Wildlife Rescue. 2258 le5t} animals were rescued by our Secret World Wildlife Rescue Response Driver {SWRDsl volunteers, with others being brought directly to the centre by member5 of the public or transferred from vets, The Charity a150 provided advice to 12629 queries via telephone calls, Facebook, whatsApp and email throughout 2023. 27 Rescue Rehabllltate Release . Secret World WSldlife Re5cue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Dlrectors for the year ended 31" Detember 2023 During 2023 we successfully released over iiio animals brought into Secret World Wildlife Rescue. Successful releases included so foxes, 26 badgers, 63 bats, 455 birds (excluding birds of prey), 43 birds of prey, 307 hedgehogs, 39 hares and rabbitSJ 59 rodents, 63 coNids and 5 deer. Avian Flu remains with us and the continuing impact of this is likely to be around for some time and this is reflected in admission numbers compared to previous years. In December Secret World became a registered vet practice and employed part time vet Felicity Whitehouse. Felicity and the Wildlife Care Team worked hard to get the correct process and facilities in place to make Sure we were fully compliant. Employing a vet allowed us to provide wildlife with better veterinary provision and medical treatment without relying 501ely on external vet practices. This extra provision means Felicity can share her knowledge with the Wildlife Care Team and train our new wildlife carer5 on the triage proces5. In autumn new regulations were brought in by the Royal College of Veterinary Surgeons in relation to controlled drug usage, and having a vet on site meant we were better equipped to adjust and adapt to the new regulations. Wildlife Vet Felicity carrying out microscopy and assessing a fox casualty. October Saw a first for Secret World Wildlife Rescue when we received a call about an "otter" trapped in n ovethow drain. We sent our Wildlife Care Assistant Matt in our wildlife ambulance and within the hour he had located the animal in question. However, much to our surprise, it was in fact not one but two beaversl Beaver5 are the largest rodent found here in the UK and in recent years have been released into the wild as part of reintroduction programmes. The beavers were trapped in an overflow drain that wa5 filled to around a metre'5 depth of dirty water. It was important to get them out as quickly as possible, as they were at risk of drowning if left in the storm drain. One of the beavers appeared much weaker than the other, so it is likely it had been trapped in the drain for a longer period. After rescuing them and placing them into secure metal cage5 for transportation, Matt drove the beavers Isvspected to be last yearf5 young) to RSPCA West Hatch in Somerset. We work c105ely with other centres to ensure that wildlife receives the best possible care. The RSPCA centre had experience working with beavers in the past, so were best placed to look afterthem in this situation. 28 • Rescue Rehabilitate Release • Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- Incorporatlng the report of the Diredors for the year ended 31, December 2023 Beavers in cage after being rescued by Matt from a storm drain. The end of the year saw the introduction of changesto hovrs, Wlth reception Staff doing less hours in the quieter month5. Wildlife care took over covering reception in the evenings and receptionists began to learn aspects of wildlife care. This additional training for Staff rnean5 we now have a well-rounded team who are able to help their teammates wherever needed. Facilities and Maintenance Re ort- (Nick Davis, Head of Facilities) There have been some major changes and improvements to the site in 2023 and it ha5 been a challenging year for maintenance, but our dedicated and resourceful team continue to achieve result5 in difficult situations. In Januarywe completed the workshop move. It is a ma55ive improvement for the maintenance team, we have much more space, and we are continuing to organise and develop the area. In due course we are looking to add a water supply for washing facilities and to enable vehicle cleaning. The storage yard adjacent to the new workshop was previously the fawn paddock so we set about erecting a new one next to the pre- release pens in readiness for new arriva15 in the spring months. New and improved workshop facility. In March Mike Still, Head of Retail approached the empty Debenhams store in Exeter and wa5 given permission to remove all the shop fittings he required, shelvingi blue storage crates, display units, cages and any other equipment for free, We therefore made several trips in our vehicles and made it our mi55ion to collect as much as we could in the allotted timescale. Amongst other fittings, we were able to get all the racking and blue Storage crates we could possibly use and have saved thousands of pound5 as a result. 29 Rescue Rehabilitate Release Secret World Wildllfe Rescue - CONSOLIDATED REPORT OF THE TRUSTEES- incorporatlng the report of the Directors for the year ended 31, December 2023 It Wa5 then all hands-on deck to vacate the haybarn that we had previously used for site property and donation5 Storage. There wa5 plenty to do and a lot of clearing out was needed before we could hand the keys back and prepare to move into the brand-new storage facility in Highbridge. We then started fitting outthe Retail Hub, a5 It is known, in earnest and we We￿ able to completely rack it out, and by utilising the acquired crates, have created an enormou5 amount of better organised storage. In June we were tasked with converting a portacabin into a duckling facility. We cleared it out, added a water supply and fitted a sink unit with water heater. We also added an intermediate bulk water container outside to catch the wa5tewater for temporary storage until it can be safely flushed away. Unfortunately, we missed the'window, for receiving ducklings for this year though, but the ever- resourceful Wildlife Care team were able to utilise the space through the winter months for hedgehogs and will return it to duckling use in 2024. Mike acquired another shopi this time the former 02 shop in Bridgwater and the maintenance team commenced the refit in July. We added the now familiar corrugated metal wall sheets, sliding barn type doors and a featheredge cladded counter made from largely recycled materials. To complete the transformation, we put in display equipment obtained from Debenhams, We returned later in the year to put up the huge 'wrap around, shop front fascia. Quite imposing and makes a real statement in the high Street. New Bridgwater Shop From the main shop we moved to the back store and completely racked it out with the surplus racking acquired from Debenhams. Due to our previous experiences and skilled maintenance team, we were able to get the Shop ready for opening in record time. 8ack at SWWR, we relocated a di5V5ed shed from the slte to the main car park as previously, donation5 were being dropped in to reception which although much appreciated, at time5, could be problematic due to the volume, limited space and need to get them moved. This now mean5 that donations can be dropped directly into the shed, stored and moved when necessary. October saw us helping with the setup of the annual Secret World Charity Ball. Two members of the team also later participated in the event as casino cashiersl The evening yet again proved to be a great success, 30 Rescue Rehabilitate Release . Secret World Wildllfe Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- Incorporatlng the report of the Directors for the year ended 31" December 2023 In November the team helped Mike to completely empty the Burnham on Sea shop for a refit and replacement storage racking. This was a major task and meant storing a huge amount of stock and fittings on site temporarily but enabled Mike to have a'clean canva55' Wlth which to redesign the layout in keeping with the other shops. We a150 had sufficient spare racking left over to enable us to create a much-needed storage area in store 4 of the main SWWR slte building. All hands on deck to clear the Burnham shop. .', { Plans were drawn up to'zone off, the site in early 2024 meaning that the public areas would be separated from the site by fencing and a new animal care storage facility would be constructed djacent to the Millie Block. This will make life a bit easier for animal care and will clearthe existing area in readiness for fiJture development. We then set about clearing the area around the willow tree opp051te the Bluebell Barn. It was totally overgrown and in a badly neglected way but, with the help of volunteer groups, we made good progress. We then moved the static caravan, which had been by the laundry for many years, to the middle of the site. This will be used for student accommodation in summer 2024. No sooner had we completed this work than the heavy plant moved in to excavate and level the area and create a new vehicular track around the back of the Millie Block and to the west side of the Bluebell Bam, In due course we hope to extend thi5 right down to the pre-release pens at the bottom of the 51te. We future proofed the works by adding ducting through which we could feed services to other areas of the slte at a later date. Finally, we had several hundred tonnes of crushed concrete and hardcore delivered, levelled and rolled to finish the job. when we complete the fencing in early 20241 the public and working area5 will then be separated and the site will take on a more corporate and professional look. It has been a real challenge to complete these projects whi15t still maintaining the day to day running of the site and shops. Once again, we owe an enormous debt of gratitude to ourvolunteers, Wlthout whom much of this valuable work would not be possible, a150 a big thankyou to Gemma Payton, our Volunteer Coord￿natOr, for organising them for us. Some of ourvalued volunteers in action. 31 Rescue Rehabilltate Release 5e¢ret World Wlldltfe ReseuÈ- CONSOLIDATED REpoKf OFTHEIRUSTEES_ Incorporatlng the report of the Directors for the year ended 31 December 2023 porL- (Mike Still- Head of Retail) Secret World Wildlife Rescue has a linked trading company, Secretworld Limited, whlch manages activitie5 outside of the charitable objects, purelyto raise funds for 5WWR's charitable purposes. This Includes the wildlife training courses and conference, charity shops, online shop and hire of the Bluebell Bam buildingi garden and attached marquee which are available forweekday and weekend events such as weddings, parties and a5 an external meeting venue. These activities bring commercial benefft to increase the Chartys income which in turn 5UPPOrt5 the SWWR'5 core activities of animal rescue, rehabilitation and release and educating the public generally regarding wildlÈfe. 2023 Saw our charity shop portfolio increase as we opened our largest storeto date, Brfdgwater (September 2023) and although the shop has only been trading for jv5t Shy of four months it has been positively received and supported bythe local community. Initial turnover is in line wtth our expertations, taking E291656 since opening on the 6th Septemberand looks on track to turnover in excess of wok in its fir5tyear. The charity shop in Burnham-on-sea hascontinued to perfom welli generati￿ over £132,000 of income. This is now an established retsil businessfor us although we undertook a refit which saw the shop close for iiday5 while the team refitted and re-laid the 5alesfioor. Since this refurbishment Sales increased by I2￿ year on year. Back in July 2023 we finally appointed a new managerforoL¢r Langport shop who brought wlth them wealth of experience in charlty shop management. This has had a positive impact on the takings of the store. Takingsfor 2023 were £55,13L The last few weeks of 2023 saw a 28% yearon year sales growth, so we are hopeful thi5 will continue into 2024. Glastonbury, oursmalle5t shop to date 5tnxJgled throvghout 2023. Attracting volunteers and staff coverfor 7 days trading has been dthficult combined with staff 5icknes5 has imparted our opening hour5. We took the decision to reduce trading to 6 days a week back in September. Store income for 2023 Was £38,746. We have learnt a lot trading from thi5 very Small space and with the changes in layout, ra[￿ing and store proce55e5 we believe Glastonbury will begin to deliverreal growth for u5. We opened our Retail Hub back in February 2023 which ha5 become our operation centre forthe stores. We rnanage our main recycling artivity here along WTth book sales, Ma￿etplaCe, eBay and our online shop. During 2023 the retail hub contributed circa iok income. Our plan is to grow this through increased sales through eBay and new ranging forour online shop. Our new Christrna5 card design was well received generating sales in excess of £1,500 Wlth our 2024 calendardelivering £2,5IKJ of Sales. We continue to look at artlsan suppliers for our online shop and will be developing a range of Secret Worfd merchandise. 32 Rescue Rehabllitale Release . Secret World Wildlife Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31" December 2023 Cost of Sale5 were E12,603 and Administrative Expenses were £252,115t leaving an operating profit of £15,036. We aim to open more stores in 2024 as part of our continued strategy to reduce our dependency on legacy income. FINANCIAL REVIEW Summary 2023 Total income increased by 38% from 2022 to 2023 largely due to an increase in the amount received in legacy income and from the increase in our trading income. Operational expenditure increased by 11% between 2022 and 2023. Staff cost5 played a large part in this increase as they increased by 17% from 2022. Many of the direct costs reduced from 2022 to 2023, although some overheads did increase Such as insurance costs and operating leases as we continue to open more charity shops to help fund the Charity. Income During 2023{ secret World income totalled £1,604t389, which was a 38% increase on 2022. Our fundraising effort5 and legacy receipts made up £1,224803 of this income 176961 with the remainder coming from charity shop income, educatlDn events, and other trading income. Fundraising income decreased by 20￿ from 2D22, which is largely because of a decrease in unsolicited donations from supporters. One signif1cant source of income in 2023 Wa5 legacies which made up £803J729 of ourtotal income. This was a 78% increase in the amount received in 20221£452,4131. These gifts were vital in helping us to remain financially secure and meeting the increased costs faced by the Charity in caring for the wildlife that come through our doors. We a150 saw an increase in our grant income of 118% between 2022 and 2023. This increase was due to some larger grants which we were able to source to help pay for education and repair work projects. Expenditure The cost of raising funds increased by 38% from E305,567 in 2022 to £422,777 in 2023. This significant increase in costs relates to the increasing cost of staffing due to pay increases and the addition31 staffing required to manage the site and run our new charity shops. Other costs did see a decrease from 2022 to 2023 except for Dverheads and depreciation costs. Charitable expenditure increased by 2%1£16,1541 between 2022 and 2023. Wildlife Care direct cost5 increased by £23,238 because of the increased c05t of food and consumables. Directcharitable staff c05tS decreased by £24,651 despite increases in the minimum wage as casval staff costs decreased over the year. Property costs also increased by El9,834 due to the increased cost of overheads. 33 Rescue Rehabilitate Release . Secret World Wildllfe Rescue- CONSOLIDATED REPORT OF THE TRUSTEES- incorporating the report of the Directors for the year ended 31" December 2023 ReseNe5 Policy Secret World Wildlife Rescue maintains a reserves policy forthe following reasons.. To maintain free reserves which are not invested in fixed a55ets ordesignated for a specific purpose at the higher of either.. Three months of budgeted expenditure. The amount required to close down the Charity. Tts hold reserve5 which are designated for a Specified purpose. Our reserves level 15 monitored and reported to our management and trustees on a bi-monthly basis. The level of reserves required is then reviewed annually when the budget is written. Given the uncertain Pinancial sitvation resulting from the COVID-19 pandemic, at their Board meeting in October 2020, the Charity's Trustees voted to change the reserve5 policy and work towards increasing the reseNes target from three month5 to Six months. Thus, while working towards a 5-6-month reserve target range for 2024 (based on identified risks the Charity may facel, it was agreed that, for 2023, the Charity should aim for a 5-6month target, with a range of £322,000- £386,400. At the end of 2023, Secret World Wildlife Rescue's free reserves were £360,605 which is within the target range. This is to allowthe Charitytime to replenish its cash levelswhile c05tsforthe Charity are increasing. 5TATEMENTOFTRUSTEES' RESPONSIBILITIES The Trustees (who are also Directors of Secret World Wildlife Rescue for the purposes of company lawl are responsible for preparing the Trustees Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees 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 the group and of the incoming resources and application of resource5, including the income and expenditure, of the charitable company and the group forthat period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply thern conslstentlyj make judgements and estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards and the Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statements,. prepare the financial statements on a going concern basis unless it Is inappropriate to assume the group will continue in operation. The Trustees are responsible for keeping proper accounting record5 that disclose, with reasonable accuracy at any time, the financial position of the charitable company and the group and to ensure that the financial statements comply with Charities Act 2011 and with the CompaniesAct 2006. Theyare also responsible for safeguarding the assets of the charitak)le company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. The Trustee5 are 34 • Rescue Rehabilitale Release • Sectet WDrfd Wildlife Ilwe-CONSIKIDATED REPORToFTHEIRIISTEES-In￿rPOrJthB the report ofthe Dlrdtwfortheye•rwthl 31# Dewthr 2013 reS￿￿ble forthe maintenanreand integrltyofthecorpwdteandfiftandal informatlon induded on the Chartvs webskte. The Trustee$coTrfim that as farasknareaware attr* time of approvln9thisannual report:. l. There Is no relevantaudit Infomiat>)n of wTrNchthe cheritablecompanyand group'swxlknrsare vnaware,, Jnd l The Tnjstees have tsken all thps that ought to Iwe tsken to make them5elv2s aware of any relevant audit Information andto establishthatthe auditors3￿ aware of that inforM8tion. Thls report has been prepared in aCcordan￿WIth the spedal pmlsi¢>ns of Part ¥of the C￿PaniesACt 2006 relating to small companie5 and grs)4V& roved bytheTrustee5 al￿ signedon theirL*halfby: Rlchard Hockey, Chair of Trustee5 q../.101..2+.................. 35 * Re3cue Rehabmlale Releo5e • SECRET WORLD WILDLtFE BESCUE PAGE 36 FINANCIAL STATEMEbf15 FOR THE YEARENDED 31 DECEMBER 2023 ]]rfDEPEND￿ AUDrroR'S REPORT TOTHE MEMBERS OF SECREf WORtD WtU)IJFE RESCUE OPINION We have audited thc financial #&ements of Sern World Wthllife R￿cut (the Grw) foT the year ended 31st December 2023, which ¢onwrise Statem¢nt of Financial A¢tiwtue4 Bthnce Sbe¢ CasbFlow Statement and llotes to tbe financial statements, including a summary of sigDificatLt accounting poli¢i¢s. The nttsllciaL rtportitig framcwork that has been applied in ￿KIr PTepgAion is appLicable law alld Utiited Kingdom Accour-tiDg St8nd8rds. including Financial Reporring Standards 102.. The Financial Reporting Standard appli¢abl¢ in the UKalld Republic of Irelalld (United KÈllgaom Gener8]ly Accepted Accounting Practice). En our opinioru the finaThc1￿ statertwits.. give a tnje and fair view of the state of th¢ group and Char]￿S affaits at 31 DK¢mber 2023 wld of its in¢omin8 resources and appiicatlilD of resour￿ forthe year then ended.. have been properly prepared itL acwrdance with Lnited Kingdom Generally A¢c¢pt¢d AcwuDting PrnctL¢e; havc been prepared in accordance with the requirements of the Cornpar.1￿ Aci 2006 and Cbarities Act 2011. BASIS OF opfNIoN We conducted our auth"t in ￿cord￿e w.th InternationaI St8[￿￿d5 on Allditing (ISAS IUK)) and applicable law. responsibilities under thosc Sta[Ld￿ are describ¢d ID the AuditoI5 twon5ibilitie8 for the audit of thc financial slateTneThtS 6e¢tion of our report. We are iDdepend¢rLi of the group ￿￿-1]aTIty in accordance dbical requir6llLe]Lts that are relev&nt to our audit of the fit)ancial statements in the UK iThcluding the FRC5 Ethical Stsndar(8nd we hav¢ fulfilicd our other ethiGal r￿pOnSibili11es in accordance with these r¢qUire￿ellts. We beiieve th¢ a￿tit evidence we hav¢ obt&ined is Sufficient and appropTiai¢ to provide a basis for our opiniotL CONCLUSIONS RELATING TO GOING CONCERN In audiiing th¢ financial statetnellt& we bave conclud¢d that the T￿Sle£8' ￿ of the going concern basis of accoullting inthe preparation of the financial statellKnls is appropriat¢. B&sed on the workwe hav¢ perfOrtt￿d, we bavc not identified ally material unc￿&l￿tieS relating to events or cottditions thot, individually or collectively. rrRy cast significant doubt on the charIt￿5 abiliry to contiTwe &8 a going Concu￿ for a period of at lease ttwelve mollihs frotll ￿'bett the ff nancial thtenellts &r authotised fo-. issue. Our responsibiliti£s and th¢ r¢spoDsibilitie5 of the with to going concern are described in the relevant sections of t￿.$ report. OTHER INFORMATION The lThstees are re8pollsible forthe othtt iTrfonnatioL The other infornatioll CDuhprises the Inforn￿tIon included in Ébe annual report other thall the FLian¢id 4atellLents and our Audi*￿*$ report"th¢reill. Our opinion the fiDancial statenwnts does not c4)ver Ihc other inforniation ¢xW to tbe eX￿t otherwise explicitly ststed in ourreport, we do not expre86 y fom of assurance Conclusion t￿ernA. In oottnection with our audit of tbe financial sraLemen4 our responsibility is to read the Oth￿ infommtion antL in doillg so, consider whether th6 oth¢r infornution is materially illconsisteat wÈth ihe financial stst￿¢llts or our knowl¢dge obtained in the audit or otherwise appcars to be materkally mi5th1cd. If we identify s￿h m*erial inconsistencies or apparerit m&teriai misState￿Le￿￿ we ￿ required lo dctertniDe wbether thue is a ￿￿te￿al EDiWAteme41t in th¢ financial statements or terial mis5taiement of the other iDformatiorL tf, based on the Workwe have perfoLme4£ we conclude that there is a material misstaiemeut of tlLiS Otber lnf0rnwtio￿ wc are iequitcd LO report frthat fact. We have nothing to report ￿ thks Icgar SECR￿ WORLD WttDLtFE RESCUE PAGE 37 FtNANCtAL sTATEmE￿[s FOR THE YEAR ENDEJ) 31 DECEMBER 2023 INDEPENDENT AUDITOLi'S REPORT TO THE MEMBERS OF SECREf WORLD WtLDLIFE RESCUE ...Icolltinued OPINIONS OPI OTHERMATfERS PRESCRIBED BY THE cOmPAN￿s Acr 2(￿6 our opinion, b&sed ott the work und¢rtakeJk ill the cOu￿e of the &tdit: . the infomiation gTvEn in the annual report forthe fuwicial year for*tiich the fitwcial ststeDJetts are prepared is consistent with the finallcial 5tat¢tnent$' and th¢ annual report h&s b¢en Prepared in accordance with applicable legal requirements. MATfERS ON WHICH WE ARE REoulliED TO REPORT BY EXCEFtION Jnthe lighi o£¢he knowledge and understand Dg of the group aftd charity and its environment obtaithl in the wurse of tb¢ audit, we Imve not id¢ntified material rnisststments in the Atlntsal Rw We have nothing to report in r¢spccÉ of the followng llmtters ID relation to which th¢ Companie5 Act 2006 requires us to report to you if, trL our opinioo.. adequate a¢wuErting records have not been kept orr¢tun￿ adequate for ouraudit hav¢ not been received from branthes not visil¢d by ￿. . th¢ financial $tatsments are not in agreement with the ac¢ouDting re￿rdS and rettuDS: G¢rtaiA disclosures of tnwees, retnuner&tion Specified by law are not made. or 4 w¢ have not obtained all the information explanations ne¢essory for th¢ purw5e5 of our RESPONSIBILITIES OF THE TRUSTEES As explained ￿ore fthly in the trustees, responsibilities set out on page 36 tlLe trustees ar¢ responsible IDr the preparntion of tb.e financial 8tatetneD*s and for being misfi￿ that they give atrue and rair ￿.1¢w. and for ￿ch internal control a5 they determine is nccessary to enable L4e preparation of fiD￿CiaL statements t1￿ are frce from material nllsstatemeTLt, whether due to &aud or error.. tn pr¢paring the finaDciai Statemen￿ the In￿ are respoLsible for assa&¥iog the group and ¢haritys ability to continue as a going cottcern. dis¢lDsin& &$ gpptieable, matters relat￿ to goiDg concern and usitlg Lhe going ￿0￿Cern basis of xcoujjting unlcss the ttustees ¢ither ititEnd to liquidate the gTOVP md charity orto ce￿¢ operntiom, or bave no realistic alternative but lo do so. OUR RL,SPONStBILrrtES FOR THE AL￿tr OF THE nNANCL4L STATEMEF We have betn appointed &s auditors under the Chariiiw Act 201 I s144 and ryin iii a¢corthce with the regulatiolls made under the Aa and relevant regulations made or having ¢ff¢ct theTe UDth. Our Objectiv￿ are to obtaill reasotthlE as5uranrr about whether the financial state￿ntS as a whole are free froEn ￿aterIal misstatemenl wh&her due to fraudDr error, alld to an Auititovs ￿eport that includes ouropLI. ion. Reasoroble assurance is a high Irvel of assurance, but it ttot a guarante¢ an audit conducted in accordance with ISAS (UK) will aiwdys detect a material misslatement wheu it eKif.s. Mi&sta*met)ts can arise frnm fraud or error and arc c4)nsidered tnaterial if, En(bvÈdually or in the aggreg2te, they could reasonably be expected to influenee the e¢onomt¢ decisions of users tsken on the basis of th&se fiwcia] stal¢llLents. THE EXTENf TO WHICH OUR FRo￿DUREs ARE CAPABLE OF DEfEct￿G lliREGULATtES, INCLLll)fNG FRAUD Irreg￿LaritIes, including frdud, are instatkGC5 of non-romplianc¢ with laws aDd reg￿etIOns. Tbe primary rwonsibÉlity for thc prevention 8nd ddectton of irr¢gulariti£s ineluding fraud with So+h th¢ Dja￿￿eMent and those charged governance of tilt ￿up and chaTity. We destgned procedures in line witb our re6ponsibilit£s. outlined above, to detect rnaterial Tnisstatements in re￿spect of irregularities, including fratid. The exteut to which our procedures are capable of dete£ti]]g irregularities, including fraud is detailcd below.. We have considered the natutr of the industry and se¢tor, control enviEon]nen( laws and r¢gulations and busiti&ss perfornian¢e of Ihe group and charity, including its remuneration policies. Laws and rcglllations considertd included, but were not limited to, the Companies Act 2006, Charities Act 201 l. Chatiiy SORP and FRSIO2. SECREf WORLD WILDLIFE RESCUE PAGE 38 FtNANCL4L STATEMENryS FOR THE YEAR ENDED 31 DECEN(8ER 2023 INDEPENDENT AUDITOR'S REPORT TO MEMBERS OF SECRET WORLD WILDLIFE lIESCUB............J￿ntinutd We have enqLL￿ed with rLanagement in regards to thesr own assessm￿t of th¢ risks of irregularitias, including fraud. Wt also etwuired of managem¢th and those charged with governanc¢ &5 to any know￿ instances of Don￿MPlI￿nCe or suspected non-compliance with ]AWS and tegulations. Wc hayc obtained relev¥nt ￿K￿lle￿￿tiOn 8lld repr￿￿t￿lon5 in ordcrto fonn an opinion on pOtcntl￿ iTregLlaritie5, including frau We coll8ider¢d th¢ opportutiitics a]Ld incentives that may ¢xist withiothe organisatioTh for fraud. Based on this understandittg, we desI￿ed specific audit prwcdury to identify in8tsnc￿ of non-compliance with laws and rBgulations, including obtainillg additional corrobordtiie evidence as reqllired. Example5 of prcthlures included reviewing large and unusual transaction5, reviewing large and unexpcctcd vaTi8necs, rnll¢wing jovrnat ¢ntries and reviewir.g legal eorrcspon(lence. There are inh¢r¢nt lirDitatiDts in the audit proceduKsdescriW abovA not le&st ￿ sampling is usat urfyr tnternational Auditing Standards, thrfore not all tra￿¢110￿$ are Feviewed. This tneans tbere is a risk w¢ will not d¢t￿t all irregularities ineluding those leading to a n￿terial ￿&Statem￿t in fm2nciai statetnents or llon-conwliance with regul8tiOtLS. The risk of ￿0t dthting 8 nwerial mi&statement due to fraud is also higher tbatt tke Tislof ryot deteding one rcwlting from error, fraud snay involve deliberate concealrnBtit by, for example, forgery. Collusio￿ 0￿￿SSion or intentional miSrep￿se￿tati0n. Relevant id¢ntified laws and regulations were c0ntztM￿¢aI￿I withirt the eDweMencte￿ 80 they rerGailled al¢rt thtoughout the audit for indicatiotjs of fraud or llon-C4)mpliance. A furth¢r description of our responsibilities for the audit of the financial stattrnents 15 loeated on the FI[￿1ClaI Reporting Council's websitc at,. www.fr¢.org.ukJauilitorsresponsibilities. This deKription foLTnS part of our Auditovs rcport. USE OF OUR REPORT This report is made solely to the group aryd ¢hwity's"Tru8￿. as a bcdy. in xcordanee with CThaptrr 3 of Part 16 of the Cornparues Act 2(K)6. OUT audit work has been undefthken so that we tjjigbt state to the group and charitys tnenLbeis those matter5, we are reouired to state to them in a Audilor's re￿}rt and for no other purpDSe. To the fvilest extent penllitted by law, wt do cept or assume i¢sponsibility to 8nyon¢ otileT than the trroup o= c4￿1t￿5 a5 a tK>dy, foi Dur audit WOTL for this report, or for th¢ opillions we have fomied. taD Shiplcy FCC& se￿I￿r Statutory Auditor for and on behalf of Prentis& Co LLP. Chartered AewuntaDts and Slatutory Auditors 115c Milton Road Cambridg¢ CB4 IXE Prentis & Co LLP is eligibl¢ t(} act as 8uditor in t¢rEns of section 1212 of the Companies A¢t 2￿6. SECREI WORLD WI[DLI￿ BESCUE PAGE 39 CONSOLEDATED STATEMENf OF F￿L¥CL￿L AcrIvtrtES {iNCORPORATING AN fNcoME AND EXPENDITUBE ACCOUKD FOR TUE YEAR ENDED 31 DECEMBFIi 2023 Utirestsi¢t>J Re8tyiCt¢d Totsl Funds Funds FLnds 2023 2023 2023 Unrestricted Restrirted Fund5 Funds 2022 2022 Totsl Fvn(Ls 2022 Note tKCOME Dollations and leg￿leS Charitablc Aclivitie8 Education AniEnal Care Other trading adÈviti& Inv6gtments Other Profit on sale of fjxed assets 1215,205 6,598 [221.803 845,729 390 846,119 10.112 200 356209 7J57 8.708 10.112 200 356,209 7.357 8.708 4,415 4,415 303,749 744 8,538 2,l99 303,749 744 8,538 2,199 TOTAL ￿CoME 1.597.791 6,598 1,604,389 1.165.374 390 1,165,764 Raising Fund5 Clthritable Activiti&s.' Animal Care Edu¢atioTh Other eKpenditure TOTAL EXPENDtruRE 412.170 10,607 422,777 305,567 305,567 755,824 164.462 6.882 l.6(K) 757.424 724.853 139,460 9,626 24,174 l4,501 749,027 l53,961 9,626 6,882 l.339.338 I2,207 1,351,i45 1,179.506 38,675 1.218,181 Net incomdleKpellditLLre) Transfer of fullds 258,453 15.609) 252.844 {14,132) 138.285) {52,4171 368,975 (368.9',5) 21 Net Tnovement in full( Reconciliation of funds: Total hnds broi￿ht fotward Total fimds earried forwdrd 258.453 (5,609} 252,844 354,843 (40",,260) (52,417) 2,365,404 34.315 2,399,7l9 2.010.561 441,575 2,452,136 2,623.857 28.706 2.652,563 2.365,404 34,315 2 J99,719 SECRET WORLD WLDTAFBlifSCVr. PAOE 40 CONYOLIDATrDBAIAN￿$m FOR JHEYEAR FNDED 31 DIrnIBER2W13 2025 2022 N( FtXFDASSETS ]L*wJ8ibk4tsset4 Tan¥ble assths IDve6&1Krtg 2,278 1.887.795 627 4.078 I,945￿42 627 12 1.89tt,7 1.949.747 CURRPNfASSErs Stot Debtors CY•b sn haryl 15 J6 19,224 151253 641932 451,870 821.465 so1￿28 CTedTrlors.' ￿ll0t? f211iJ£ du¢ vriihiA we)tar 17 {49,￿2) (41,556) 771,863 4599n Totaj a5*tg ie&% li￿11111 IM2,563 I￿.719 011s1o￿ for li8biknlio4 19 {io,oon) 2fi5I563 IlQ,DWI 2J99,719 T(yfALtfft kSSETS TOTAL fiJNI)S OFTHT CHARrtY UNL*liicitsl ftjllds lies￿¢t¢dfillXts 21 21 I￿13￿$7 26,7(kS 1365001 34J15 2ts52,563 2J99,719 ww>s&8Jedon its bchaifby.. Q. (y. l-kL¥ q/,1￿lL4 Rid￿rdH0¢kgY- ChtiiToITwi¥X SECRET WORU) WILDLIFBRESCUE PAGE41 CHARITY BAIANCE SHEEr YEAR ENDED 31 DECEMBEK2023 2022 467 l J31,8r2 30.093 Tan8Tri le •ssets Inve*m#nts 1,858,244 30,093 1.888.337 1.962.442 15 16 15,753 148.034 597.495 3.835 21.059 438,835 C￿h #t hth hthd 761282 463.749 UABILMES Crtdsm: fè]liJgdkE¢ within on¢y 17 133A09) (48J55) T27.6TJ 41SJ94 Total wets Iw ItabiTitiP8 2.61&010 2J77.836 Provbion for liabilities 19 (10.w)I 1606,010 {io,000} TOTALNET A&SETS 2J67.136 TOTAI, FUNDS OF TIIBci£wrY uDrtStrict￿ Rettr1￿ filndi 2.5TI.304 .706 1333J21 34JlS 1606.010 2J67,836 Th¢4e flnaN¢thl have fftjditrJJknder thtr ofscctson 144 Ofth¢cb•riti￿ Ad2011. Thes¢ IlnaNxtl Wo¥Jents haye b¢ofl PTepareA in 4¢c￿l￿WIth theswigl wovi5ion of P•t 15 ofthc Cryy&% Act2006 Telattngto sma]I charitsbl¢ Comp￿11¢5 and with ts Financial R¢p¢xting Stsndatd in the UK (fRS 102) (etyeaiw I Jw)uaty 2019)- (CharÉli* SORP {FRS 1172)). Frff tho year MdeAt 31stl)ocemiY¢r 2023 th¢¢ompww75 thtithl ro eX¢Wti￿ fromzudit 477 of tk Cow*Jie5Act 2006 rnlalinsto %nall cowanics thei*Awy is ath•ity, st is Cb¥m¢$ Arf2011. its bebolf by. Iq/q12024 Ri¢hard HLKkey. cha￿ ofGDrtthes SECRET WORLD WILJ)LIFE RESCUE PAGE 42 CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR BNDED 3 1 DE￿MBER 2023 Totsl Funds 2023 Total Funds 2022 Note Cash t]ows frotn opttatr,ng activities.. Net cash prDvided by Iluse4Ein) operating activitics 229,864 48,403 Proceed5 from the sale of PTDpety, pla￿1 and equipm¢n¢ Purchase of fixed asset5 2,709 (179,789) (39,802) Net cash used in investing activiti¢5 (39.8Q2) {177,080) Change in c&fh and cash equivalents itt the ryorting pertod Cash and c25h equivalellts * the beginnittg of the reporting period Cash ond ¢ash equivaLellts at the end of the tworting period IW,062 451,870 (128,677) 580,547 641,932 451,870 SECREF WORLD WILDLIFERESCUE PAGE 43 FOR IEAR ENDED 31 DECEMBBR2023 ACCOUYtING POLICIES BASIS OF PREPARtNG THE F￿ANCIAL STATEMEwrs Th£ financial 5tat¢mellts have beenprep￿ed in accordan¢eThith AccountiDg attd ReportiJg by Charities.. Statr]nent of Rwommended Practice applieable to clwities preparing the':r acwwits ill 8ccordance witb the Financial Rq)orting Standard applicable in the UK artd Republic of Ireland IFRS 102) issud Ocrober20I9 (effectLve l January 2019)- (Charitics SORP (FRS 102)), the Finetic1￿ Reporting sN-￿ard applithi¢ the UKand Republic of Ireland (FRS 102) and the CompaDies Act 2(MJ6. The Pri￿1pat a¢coullting poli¢ie8 adopt￿1 inthe preparation of the finarlcial statetnents are S￿ out below. Secret World Wildlife R£￿¢ meets the defInition of apublic benefit etEtity utlder FRS 102. Assets and liabiliti¢s 8r¢ initiaLly recogniscd at histori￿1 cost or tranwtson value ullI￿ Ot[￿]￿ #atcd ill the relevant awounting poliey note($). PREPARATION OF FINANCL4L STATE%tEwfs oh A GONG CON￿RN BASIS These f￿￿tial statements have been prep?￿j on a goi.-£ conceLTh basis &s there are tLO material uncettainties about th¢ group'5 ability to continue. These financial statenetts are prepaml in pound 5teAing wbi¢h is also the Charitys fi5ndionai Currency. Ail ￿￿Ounts h&ve been rounded to the tLearest pourf llri'¢ss otrKrwise ind:catcA. GROUP FINAJCIAL STATENIENrs These financial statemellts Con￿lIdate the rcsuits of the Chartty a￿d SeGtct World Ltd. INCOUiNG RESOUR￿$ All incoming r£soutffs ar¢ included m the Statettwit of Financial Aelivities whe]L the ChaTity is leg￿lY cntltled tD ihe inwnr ond the amount &qn be quallti.fied with reasonable a￿￿raCY. "Grants rcceivable r¢cogni5ed when all quaiifyiD8 critcria have beeo satisfied and ar¢ 5t2ted gr￿ within the Statemeot of Finallciat A¢tiviti¢s, with capital alld clMritable aciivity expenditure also stated gross. RESOURCES EXPENDED ExpenditUT¢ is aeeounted for on an accruat5 basis a[￿ ha5 been classified under headings that aggregate &il cost related to the cat¢gory. ALLOCATION AND APPORTIONMEKf COSTS Vehicle costs, mobile arld lartd linc custs, printiw postage, stationery. office nllchille mainrfliajm￿ 2nd wages costs have beeTr apportiotted between manag¢m¢nt SUPPOrt eo4 anitnal care and overheads to show a tnw represelltatio of direct animal care Cobts and educaiion ¢osts. Wat¢r Tates have beell apportioned buveen overheads and an1[￿ care based oll estiruated consumption directly allributaile to caTe of 8nitnals illcluding laundry. ManagemettL animal ¢or¢ 8t￿ fun￿.￿ng wages have been appcprtiODAJ between 8nimal car4 edueation and tnallagement based otl Ihe IErne spent by e£ch staff on each activity durillg the year. Ail other Costs are already accurately split aud do llot rquire apportioning. IwrANGIBLE FIKED ASSETS The Chartty previously capitalL5ed thc costs of creAting a new websitfy incorporatillg an online shop. This has been amortiscd ovtr 3 years on 6 straight ￿￿- basis. SECRET WORLD WILDLIFE RESCUE PAGE 44 NOTES TO THE FINANCtAL STATEMEXfS FOR ThE YEAR ENDED 31 DECEMBER 2023 AccoiwfING POLIC￿s............Jc0￿tsnU¢d TANGIBLE WtXED ASSETS Individual fixed asscts eosting £100 ormore aT¢ capithiised at cost. Depreciation 18 provided at the folli)wing annual rates in order to write off thc cost eStillL￿ reSidL￿ valuc of each asset over it5 eStiM￿ed usefill life. Freehold propety - Straight line over 50 years on the cost otbuildings and 18nd is tK)t depreeiated Improvern¢nts tv prOpe￿_ thight IiDe ov¢r the lease term of tr.thLY 5 or 20 years Plant and mwhinery - Strdigbt line ovff 4 or 10 years and 25Yo on reducing balance, depending on the ￿Se1 use Fixturss and fittings - 15/0 on reducing balance Motor v¢￿tleS - Straight line over 4 yeats and 25% on FeduGill8 balance. dwding on tbe asset use Cotnputer equipmcnt - Straight IiDe ov¢r 4 yea STOCKS Stocks are valu¢d at the lower of cost and t￿t reali53ble valu< after making due allowance for ob501ete and slow nLoving itcnis, st(￿ks are valued on the first in OLLt basis. TLYATION The Charity is uurendy exempt from Co￿Oration Tax and VATregtstrationon its charitable activities. FUND ACCOUNTING Unreslri¢'.cd thL￿, including designated futJd& Can be US￿ in aCcor￿¢t with the cllaritable objectives at the discrtion of the TFuskees. Restricted funds can only be used for IYdrti¢uiar restricted purpow within Ihe objects of the Clwity. Resttictions arise wthen sP￿lfi￿[ by the dottor or when the funds are raised for parti¢uiar ￿StriC￿l purposes. Further ¢xplanation of the Dature and purpose of fjjnd is i￿]￿ded in the AOt&s to the finttneiai statetllettts. HIBE PURCHASE AND LEAs￿G COMNLtTN£wrs Rentals paid und¢r op¢ratin8 leas&￿ are Charged to the Statement of Financial Aetivities Dn astraight Lne basi5 over the period of the lease. PENSION COSTS ￿ND OTHER POST.REfIBEMWI BENEFrrs schetne for eligible employees w&9 introdLkced in January 2016. Secret World employees who meet the criteria for auto enrolmellt were automatically enrolled into the Work Sav¢ Pension Plan ikgal and Ger.eral on l Jalluary 2016, The s¢heme is by conttibutioDS frontbe empliyees and a ¢ontTibutioll of 3/0 from Secret World in 2023 (3Q/o'. 2022)" thi5 c4)ntributiollwill cbange in years in accordance goverllment legislatiotL DONATED G(X)DS Donated gofyls are rccognised in the accounLS as income under dOn￿l011s with an 4uivaieut expens¢ recogDised under the appropriate headLDg the Statement of Fironciai Activities e.g. AtiiThl Care. whe￿ asset5 are donated, tF.ry are again recogttised as ittcome under donatioy with an equti'alettt asset creatA under the appropriate heading. Donatcd goods are recO￿lSed On the basis ofike value of the gifL being Loe arttount th¢ (Jjarity would Ikave had to spend to obtain the gi>od5. SECRET WORLD WILDLIFE RESCUE PAGE 45 NOTES TO THE FINANCIAL STATEMENrs FOR THE YEARETADED 31 DECEMBER 2023 DONATtONS AND lEGAC￿. GROi]Tr UDrcstrirted R¢￿Ti￿¢d Funds Fuinds 2023 2023 Total Funds 2023 Unr¢strid¢d R¢strict¢d Furtd5 Funds 2022 2022 Totsl Funds 2022 Donatiolls Gift Asd t£gacie5 GraTLts 219.996 39,671 803,729 151,809 I,(MX) 220.996 39.671 803.729 157.407 274.390 46,630 452.413 72,296 390 274,780 46,630 452,413 72,296 5,598 1,215,205 6,598 1221,803 845,729 390 846,119 In 2023 the Cknty receiyed an estimated £5.78812022.. £4,823) worth of g¢￿5 for use in Animal Care Services which kn been rttognised as a doDaiioll with tlLe equiwJlent exPer￿e shown undu anim￿ care COSL8. GratLts received, included in the abovq are as follows: u[￿¢stricted liestriLted Fullds FuDds 2023 2023 Total Fl￿d$ 2023 Unrestricted Restricted Fund5 FuAds 2022 2022 Tota] Funds 2022 tndivÉduals Corporate 46,184 105,625 5.598 51.782 105,625 66,428 5,868 66,428 5,868 151,809 5.598 157,407 72,296 72,296 OTHER TRADING AcrtVTrtES . GROLT Urrestricted Rcstricted Funds 2023 Total Funds 2023 un￿StrICted Restricted Funds Funds 2022 2022 Totsl Funds 2022 2023 Fundraising events Chartty shop incoDI¢ s￿la1 lotteries AniTnal Adoptlons Other inGone Tradin8 inC0￿C 41.318 268,481 1,993 37,774 41,318 268.481 1,993 37,774 57,620 176,119 57,620 176,119 4,184 38,355 3,000 24,471 38.355 3,0 24.471 6.643 6.643 356,209 356209 303,749 303,749 Ullr&%tricted Restricted Funds Funds 2023 2023 Total Funds 2023 U]JresEricted Restricted Fullds Funds 2022 2022 Total Futlds 2022 Deposit interesE 7,357 7,357 744 744 PAGE 46 NOTES TO THE FiNANCtAL STATEMENTS FOR THE YEAR ENDED 31 DE￿mBER2o23 OIHER rNc0b￿. GROUP Unrestricted Re5trkcted Fun(Ls Funds 2023 2023 Uw¢stri¢t¢d R¢strict¢d Funds 2022 Total Funds 2022 Funds 2023 2022 Other donations- (Friends of SW) 8,708 8,708 8,538 8.538 COSTS OF K41S]NG FUNT)S- GROUP Ullre5tridcd R¢s￿l¢t¢d Funds Funds 2023 2023 Toral Funds 2023 Unrestricted Restricted Funds Funds 2022 2022 Total Funds 2022 Fundraising Costs including for re5alc Staff costs Atnorttsation and d¢preciatson Propety Costs Office and ￿ costs 21,707 208,257 23,645 78,157 20,404 2É,707 268,257 23.645 88.764 45,807 133.136 20,624 7?,536 33.464 45,807 133,136 20,624 72,536 33,464 10.607 412,170 10,607 305,567 305,567 DIF£CT CHARITABLE COSTS. GROUP 2023 Anim Care Education Expe[￿ltUre Total Dir¢¢t C05tS Staff costs Amortisation artd depre¢iatiot) Property C051S Office IT costs Governanc 190,010 444,847 47,?72 65,093 10,202 3,911 79,020 27.933 43.396 10,202 193.92l 523,867 75,205 108,489 20,404 6.882 6,882 757,424 164,462 6,882 928,768 DIRECT CHARrrABLE COSTS. GROUP PRIOR YEAR 2022 Auimal Other Carc Educ*ion Exp¢ndiLurr TDtal Direct costs Staff eosts Aniortisatiort atth depr￿latiOn Property costs Offi¢¢ and ITcosts Govem3nc¢ 167,493 472.528 42.123 53,193 13.690 3,190 7).990 2),630 35,462 13,689 170,683 548,518 67,753 88,655 27,379 9,626 9,626 749,027 153,961 9.626 912,614 SECRBT WOPLD IlItDLIFE RESCUE PACE 47 NOTES TO THE FtNANCIAL STA7EMENTS FOR THE YEARENDED 31 DECEMBER2023 NET INCOMtNG/(OUTGOINGI RESOURCES (GROUP) 31.l2.23 31.12.22 Net resourG&s are Stat￿ after ¢haTgiDgl(crcditin8)'. Auditors, re￿ULerat.on- current year Depre¢iation- ow)ed a&sets WebsÉte amoxisation Other operating leases 6.882 97,049 1,800 65,440 9,626 87,588 789 35.479 TRUSTEES, REMUWTION AND BE￿￿tTS. GROUP D CEIARrrY There wffe no TrLEStees' renkulleration oroLler bcnefi•s for ihe year ended 31 December 2023 nor for the year endcd 31 December 2022. TRUSTEES, EXPENSES Total Trustee expenses GlaIM￿ wrrt £YIl for the y¢aT ¢nd¢d 31 Dec￿nber 202312022.. £2,1461. Total donations received from Trnstees in the yp4r were £840 {2022: £1,585). 10, STAFF COSTS- GROLT AND cHAR￿y Year ended Year erkded 31.12.23 31.12.22 Wa8es and salari¢s Social security costs. Other petLgion cThsts 727,497 623,071 48,696 42,032 15,929 16,551 792,122 681,654 The averJ8e molltbEy ￿uMber of ernpl0￿£S during th¢ period w&s as ftillows (ex¢ludtng ea8uai WOE*ers).' Year ctLdtd Year ended 31.12.23 31.12.22 Shop Fundraising AniFnal car¢ seTvices Cleaning and ￿l￿ter￿[ Management Voluntccr Ci>Drdinator Administrativ¢ and &CCOUDts Ledming 13 14 35 29 Th¢re were Do ¢mploye¢s with benefits in excess of £60.000 for the year ended 31 Decetnber 2013 {2022.. Nil). The key ￿￿￿gement peT50[￿e1 of tile ChOTity in 2023 compri5cd the Tr￿st• Chief Execlltiye Officer, Charity Founder and Advisor and Head of At5imal C￿e Seryices. The employee benefits of the key matmgement personnel for 2023 w¢r¢ £59262 (2022.. £73.4091. SECRET WOBLD WtLDLIFE RESCUE PAGE 48 NOTRS TO THE FtNANCtAL STATEMEKrs FOR THE YK4R ENDED 31 DECEMBER2023 2023 W¢bsite 2022 Website I i. NrANGIBIE FLXED ASSEfs. GROUP AND CHARITY COST At I lattuary Additions 29.438 25,438 4.000 At 31 Decernber 29,438 29.438 AMORTISATION At l Januar). Charg¢ for th¢ year At 31 Decemb¢r 25,360 1.81)0 24,571 789 27,160 25,360 NEf BOOK VALUE AT 31 DECEMBER 2023 2.278 4,078 Ila. TANGIBLE FIKED ASSEtS. GROUP AND CHARrrY. 2023 Frethold Improvemertts Plattattd rrKtures Motor Pfopttty ts) property aod Fiaing5 Vthiclfs Computer Equipm¢nl Total At l January 2023 Additions 1,392.368 964.978 11,726 976,704 l33.935 39,590 19,444 59,034 59,(K13 86,695 2,676,569 8,633 39.803 95,328 2,716.372 At 31 December 2023 1,392,368 133,935 59,003 DEPRECIATtON At l January 2023 Charge for tle year At 31 December 2023 39.4:. 1 24,477 63,888 454.866 48.702 503,568 127.103 2,142 129,?45 24,725 4.483 29.208 14,282 11,180 25,462 71,140 6,066 77,206 73L,527 97,050 828,577 NE[ BOOK VAL[ As at 31 December 2023 - Group l J28,480 As at 31 December 2023 - CI￿lty lJ28,480 473,136 473.136 4,05￿) 4,690 29,826 16,555 33,541 25,933 18,122 [.887 ?95 9,450 1,858,244 12b. TANGIBLE FIXED ASSETS. GROUP AND CHARTfY. 2022 Freehojd lowrov&Dents PiaLt atsd prop(*y to PfOPXLy Maehtttery 8rtdFittinB Futs]res Motoi VEhicle5 Cotupul Fquipmettt Total At l January 2022 Additions Disposals At 31 De¢anb¢r 2022 1294,545 97,823 934.l16 30,862 133.935 35,807 3,783 45383 37,109 (23,489) 59,003 80,483 2,524,269 6,212 175,789 (23,489) 86.695 2,676,569 l J92,368 964,978 133,925 39.590 DEPRECL4TION At l January 2022 Charge for the year Eliminated on d￿p￿1 Ai 31 Decetnber 2022 15,500 23,911 408.509 46.357 l24.545 2,)58 22,423 2.302 29,633 7.628 (22,979) 14,?82 44.", 21 34,577 66,308 4,832 666,918 87,588 (?2.979) 71, 731,527 15,555 1,945,042 12,539 1,931,882 39.411 As at 31 December 2022- Group 1,352,957 As at 31 Decthr 2022- Charity 1,352,957 127,I03 0.832 6,83? 24,725 14,865 14,865 40 510,111 510,112 Included in costOT valuatiott of Land aud Buildings is freeknld land of £l67,040 (3111212022.. £167,040) SECREf WORLD WILDLIFE RESCUE PAGE 49 NOTES TO T}￿ FINANCIAL STATEMEKrs FOR THE YEARENDED JI DECEMBER 2023 13. FtKED ASSETS tNfvTSTfvtENrs . CHARTrY SUBS[DL4R￿s Secret World Limited Country of Incorporation.. England and Wales Nature of Business.. Trading Class of sharcs.. Oftlinary holding Iw.00 Year ended Year ended 31.12.23 31.12.22 OTdinary share ¢apito1 Retained earnings 29,466 46,553 29,466 31,496 76.019 60.962 The Clwity gifted lo￿1￿ of the ISSU￿ ordillary shareeapital of Secrd World Ltd (Company number 03658761), 8 company iDcory>rated ill England and Wales. The dttm the market value of these shares to k £Nil. The 5ubsidRary utLdertakn"ng is Includ￿ wiihin the coLs0lidated accounts. Secret World Wildlife Res¢ue also controls two unincorporated charitable tnLSts, Bluebell Sett The BILtebell Sett ch￿7t8b1C TnLSt. Shown below is a sunjmary of Statetttejt of Financial Aetivitits and Balance Sheet for eacli trusl. SUMMARY sTATEmE￿r OF FtNANCIAL AcfIviTES ThE Bluebell Sett Chatitable Trust 2023 2022 Bluebell Sett 2023 2022 COME Donations 5,940 I,461 B#nk charges TTarJsfers m￿¢ {60) (5,000) Nct Income 880 1,461 SUMNIARY BALANCE SHEET The BluebEII Sett CIwiTrable TrLtst 2023 2022 Blu¢bcll Sdt 2023 2022 FtXED ASSETS Tangible asgets CURRwf ASSErs Bank 3.307 3,307 4,240 3,360 Total net asset￿labilLtl 3.307 3,307 4,240 3,360 3,307 3,307 4,240 3,360 SECRET WORLD WILDLIFE R￿CUE PAGE 50 N(yfES TO ThE FTrtANCtAL STATEMENTS FOR TE￿ YEAR ENDED 31 DECEMBELi 2023 15. STOCK Group 2023 Cbarity 2023 2022 2022 Fundraising Animal care 5etViC¢5 11,527 15,753 15,369 3,855 15,753 3,855 27280 19.224 15,753 3,855 16. DEBTORS G￿￿P 2023 Charity 2023 2022 2022 Trade dcbtors Other drbtors Arn￿nts owed ftom group undertakillgs PTepaytDellts snd accru￿ income VAT debtors 2,995 114.077 3,234 287 iioo 114,078 6.575 25,281 2,339 287 30,074 5,107 23,369 3,544 18,433 152253 30,434 148,034 21,059 17. CREDrroRS.. Amounts falling du¢ withÉn otLe year Groi ChaTity 2023 2023 2022 2022 Ttade t￿ditOrS S(KiaI security other taxes Pension Amounts owd to ￿0Up undcrtskings AccNals and defrrred iiicome 26,)89 14,302 300 22,181 10,894 300 10,596 14,302 300 17,797 10,894 300 11,183 8,181 8,411 8.181 8.411 49,602 41,556 33,609 48,355 I8. OPEiL4TING LL4SE CoMNlIt￿￿S. GROUP AND CHARtTY The following operating Iwe payments are cOmn)i¢t￿l to be pai&. Withill l year 2-5Y￿[S Over 5 y¢ar$ 2023 2022 59,000 218.500 178,500 I7,5￿) 7Q,000 456,￿0 87,500 19. PROVISIONS. GROUP AND CHARrrY 2023 2022 Brought fotward Chargedl{released} to Statement of Compreh¢nsive Income Carricd for￿Er¢I io,(Th) lo,￿0 10.c 10,000 20. CAPITAL COMNirr￿T8. GROUP AND CEL4RTrY As at the bthce sheet date'.he Chority had llo capital Cotnmitmettts forthe following year. SECREf WORLD WILDLIFE FESCUE PAGE51 NOTES TO THE FINANCIAL STATEMENrs FOR THB YEAR ENDED 3 1 DECEMBER 2023 21a. MOVEMENT IN FUNDS . GROUP TraDsfers l Ja￿uary Incomillg b¢tween 31 Decelnber 2023 Resourc&8 Expenditure Funds 2023 General fvnd DESIGNATED FUNDS Capital Build Reserve 1990,574 1.597.791 (I J39,338) 2249,0?7 374,830 374,830 2365.404 1,597,791 (1,339,338) 1623,857 RESTRIcfED FUNDS Other r¢strieted ￿ndS 34,315 6,598 [12,207) (12,207) 28.706 34,315 6,598 28,706 T(yfAL FUNDS 2.399.719 1,604J89 (I J51,545) 2,652,563 21b. MOVEMENf FifNDS . GROUP PRIOR YEAR TTaD$fers At l Jauuary Incoming between 31 D¢¢¢mber 2022 R&wur¢e5 Expettditu￿ Funds 2022 UNRESTRICTED FUNDS General fvnd DESIGNATED F,trNDS Capital Baild R4serve 1.635,731 1.165 J74 {1.179,506) 368.975 1,990,574 374,830 374.830 2,010,561 1.165J74 (1,179,506) 368.975 2,365,41)4 RESTRIcfED FUNDS Capital appeal - Educatioll Ccntre Capital appeal . Wildlife Treattnent Cettre OthtE Testricted 227.186 I80,074 34,315 (14.50I) (212,685) (24.174) (156,290) 390 34.315 441.575 390 (38,675) (368.975) 34,315 TOTAL FUNDS 1452.136 1.165.764 {1218,18l) 1399,719 OTHER FUNDS Th¢8¢ are 5]nall funds donated for restricted purs￿)Ses. 22. RELATED PARTY TRMNSACftONS. GROUP AND CHABItY Mrs P Kidner was a member of the key MaT￿¢￿ent per50inel of SEGrct World Wildlife Rescue duriThg the year ended 31 t)ecember 2023. Mr D Kidner is the spouse of fvfrsP Kidner. Th6 Charity r¢l￿ prefftistss from Mr D, Mrs P and Mr S Kidrt￿. Rents are paid at a commeyiai rate a[￿ a￿OuThted to £2,80012022.. £5.675} for 2023 this included additional spaces for parking room foranimal ¢ar¢ workers. MT S Ki(Ener. son of Mr D and Mrs P Kidner, isetnploypAI on a c&wal b&si4 by the Chatity to ￿lfil variws tasks, including rt, allin￿l care 2[￿ f￿111￿￿% work. His pay is bathl on the hour6 worked at the markd rate. Mr D Kidner is also paid at the Enarket r*e for grounds maintenaL¢e servic48 tach yeAr. A total of £840 was donat¢d by Trustees to the Charity during the year (2022: £I.585}. The group unirols the wholly owned subsidtary. Secret World Limited and two unincorporated charitable trusts, Bluebell Sett and The Bluebell Sett Charitttble SECRET WORLD WIIDtJFE RESCUE PAGB 52 NOTES TOTHE tr￿ANC￿ STATENIENTS FOR THE YEAR ENDED 31 DECEMBER2023 23. BECONCILJATION OF INCOMtNG RESOURCES TONET CASH FLOW FROM OPERATtNG AcrtvrTIES Total Funds 2023 Total Funds 2022 Net inci)m&{expenditure) for the reporting period (as wth¢ St*¢sn¢nt of FitiAncial Activities> Adjustments for.. Depreciation and aniortisation Profit on sate of asseL% (Increak-)IDecrease in stocks (Increa8eyDecrease IEL debtors Iucre85el(Deoreasel in creditors 252,844 98.849 (52,417) 88,377 12,199) 18,0561 7,703 (12:,8191 (2,556) 8,046 9,495 Net ¢&sh provided byi(uscd itL) operating activities 229.864 48,403 24. FRC ETHtCAL STANDARD. PRONISIONS AVAttABIE FOR SMALL EKrtTtES In conmion many other bu5inesKs of our size aDd llature we ￿ our auditors to prepare and submit retUfD8to the tax authorities and assist the preparation of the financial statemeLIts.