Company Registration No. 05649923 (England and Wales) Charity registration No. 1113144
VOICE FOR NATURE FOUNDATION LIMITED
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
VOICE FOR NATURE FOUNDATION LIMITED
CONTENTS
| Page | |
|---|---|
| Legal and administratve informaton | 1 |
| Report of the Trustees | 2 - 4 |
| Independent Examiners’ report | 5 |
| Statement of fnancial actvites | 6 |
| Balance sheet | 7 |
| Notes to the fnancial statements | 8- 12 |
VOICE FOR NATURE FOUNDATION LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Constitution
Voice For Nature Foundation Limited is a company limited by guarantee, company number 05649923, and a registered charity, number 1113144, governed by its Memorandum and Articles of Association.
Directors and Trustees
The directors of the charitable company (“the Foundation”) are its trustees for the purposes of charity law and throughout this report are collectively referred to as the Trustees. As set out in the Articles of Association the chairman of the Board of Trustees is appointed by the Trustees. The members have the power to appoint any of their number to be a Trustee.
The Trustees who served during the period were:
D M de Rothschild Chairman A J de Rothschild Trustee D S Glick Trustee K McLaurin Trustee (resigned 27/05/25)
Company Secretary
D M de Rothschild
Registered Office
71 Queen Victoria Street, London, EC4V 4BE
Independent examiner
Andrew Watkinson FCCA, Saffery LLP, St John’s Court, Easton Street, High Wycombe, Buckinghamshire, HP11 1JX
Bankers
Coutts & Co, 440 Strand, London, WC2R 0QS
Page 1
VOICE FOR NATURE FOUNDATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their report together with the financial statements of the Foundation for the year ended 31 December 2024. Legal and administrative information set out on page 1 form part of this report.
Objects of the Foundation
The objects of the Foundation are set out in the Memorandum of Association as follows:
To promote for the benefit of the public the conservation, preservation, protection and improvement of the physical and natural environment and the prudent use of natural resources and to advance the education of the public in the conservation, preservation, protection, enhancement and rehabilitation of the physical and natural environment and to promote and facilitate study and research in such subjects provided that the useful results of such study and research are disseminated to the public. Trustees have regard to the Charity Commission's guidance on public benefit.
Organisation
The Board of Trustees, comprising of at least two Trustees, will meet once or twice a year and oversee the administration of the Foundation. The members have the power to appoint the Trustees.
Resources
Charitable expenditure for the year amounted to £44,308 (2023: £30,178) and was incurred in furtherance of the Charity’s objectives.
Investment Powers
Under the Memorandum and Articles of Association, the Foundation has the power to invest the monies of the Foundation not immediately required for its purposes in any way as it shall think fit and to take professional investment advice where necessary.
Investment Policy
The Foundation has adopted a low-risk policy towards the funds it holds to meet future operations and currently invests surplus funds in bank deposit accounts and the Trustees will keep this policy under review. The Foundation does not have an endowment fund.
Grant making Policy
As well as making larger grants to organisations which are set out in further detail in this report and the notes to the financial statements, Voice For Nature Foundation promotes the unlocking and celebrating of human potential, whilst encouraging positive environmental change towards global sustainability, by supporting creative, innovative and sustainable actions, thinkers and doers. Voice For Nature Foundation seeks to recognise these campaigners and their causes by providing small grants in the range of £500 to £2,000.
Reserves Policy
The Trustees’ policy is to review the level of reserves on a regular basis and to maintain a level of reserves which will provide a stable base for the charity’s continuing activities while at the same time ensuring excessive funds are not accumulated.
The unrestricted reserves of the Charity amounted to £38,805 (2023: £42,675) as at 31 December 2024. The Trustees are satisfied that this level of reserve is adequate for their present purposes.
Risk review
The Foundation undertakes a risk assessment exercise each year to review how it mitigates the risks to which it is exposed.
Page 2
VOICE FOR NATURE FOUNDATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
Review of Activities and Future Developments
The Foundation’s income is dependent on donations. During the financial year, the Foundation received financial support from companies totaling £40,219 (2023: £46,950) and made donations to four (2023: five) projects supporting work across the world, with grants totaling £40,500 (2023: £25,763). At the year end, the charity held funds of £43,363 (2023: £47,232)
The projects supported by the Foundation are always varied, but all seek to directly change behaviour or enlighten communities about environmental issues and in 2024 grants were awarded to support work in the UK, Cameroon and Galapagos (Equador).
Galapagos Conservation Trust - a small grant was awarded towards a project to help more young people on Galapagos experience their local nature whilst connecting them with solutions to threats to wildlife. In addition, the project is helping address the rising threat of plastic pollution in Galapagos.
Cencuder - a small grant was made to promote community wildlife management and regenerative agriculture around the Bakossi National Park, within the SW region of Cameroon.
Voice for Nature – a grant was made to the award-winning Rewild Yourself Project - towards both the campaign and also the educational work.
Wilderlands CIC – a small grant was awarded to support work to take place in Summer 2025 - a project to support the rewilding of land and people by creating opportunities for those who may not have easy access to nature and green spaces.
The Trustees thank our valued supporters - Heinemann Publishing, Mission Magazine Foundation and The Eranda Rothschild Foundation.
In addition, the Trustees wish to express their gratitude to Gail Devlin-Jones and Karina Strickland for their voluntary work for the Foundation in 2024.
Page 3
VOICE FOR NATURE FOUNDATION LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees’ responsibilities in relation to the financial statements
Company law requires the Trustees to prepare financial statements, which give a true and fair view of the state of affairs of the Foundation at the end of the financial year and of its surplus or deficit for the period then ended. In so doing, the Trustees are required to:
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select suitable accounting policies and then apply them consistently,
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observe the methods and principles in the Charities SORP (FRS 102);
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make judgements and estimates that are reasonable and prudent,
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Foundation will continue in the foreseeable future.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website.
Small company exemption
The Trustees’ Report has been prepared in accordance with the small companies’ regime under Part 15 of the Companies Act 2006.
25 June 2025
Page 4
VOICE FOR NATURE FOUNDATION LIMITED
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
Respective responsibilities of trustees and examiner
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
Andrew Watkinson FCCA
Saffery LLP St John’s Court Easton Street High Wycombe Buckinghamshire HP11 1JX
30.06.2025
Page 5
VOICE FOR NATURE FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING THE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024
| Income from: Donatons Other income: Bank interest received Total Expenditure on: Charitable actvites: Governance costs Grant making Total 2 Net income and net movement in funds Transfer between funds Reconciliaton of funds: Total funds brought forward Total funds carried forward 5 |
Unrestricted funds £ 40,219 219 |
Restricted funds £ - - |
2024 Total funds £ 40,219 219 |
2023 Total funds £ 46,950 66 |
|
|---|---|---|---|---|---|
| 40,438 3,808 40,500 44,308 (3,870) - 42,675 38,805 |
- | 40,438 3,808 40,500 44,308 (3,870) - 47,232 43,362 |
47,016 | ||
| - - |
4,415 25,763 |
||||
| - | 30,178 | ||||
| - - 4,557 |
16,838 - 30,394 |
||||
| 4,557 | 47,232 |
Page 6
VOICE FOR NATURE FOUNDATION LIMITED
BALANCE SHEET AS AT 31 DECEMBER 2024
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 46,662 | 50,532 | |
| Current Liabilities | |||
| Accruals | (3,300) | (3,300) | |
| Total charity funds | 43,362 | 47,232 | |
| Total funds of the charity | |||
| Unrestricted funds | 38,805 | 42,675 | |
| Restricted funds | 4,557 | 4,557 | |
| Total charity funds | 43,362 | 47,232 |
The accounting policies and notes on pages 8 - 12 form part of these financial statements.
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 Companies Act 2006. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and 387 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
D M de Rothschild
Page 7
VOICE FOR NATURE FOUNDATION LIMITED Company Registration No. 05649923
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
1.1 Basis of preparation
The financial statements are prepared in Sterling, which is the functional currency of the charity. Monetary amounts in these statements are rounded to the nearest £. The financial statements have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102- second edition) and the Companies Act 2006.
Voice For Nature Foundation Limited constitutes a public benefit entity as defined by FRS 102.
1.2 Fund accounting
The charity recognises funds given for a specific purpose as restricted funds to be used in line with the donor’s wishes. All other funds are treated as unrestricted general funds, which can be used in accordance with the charitable objects at the discretion of the trustees. We report for the current and previous period and indicate that there was funding received for a specific purpose which has been treated and reported as restricted funds.
1.3 Going concern
The trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they adopt the going concern basis in preparing the annual financial statements.
1.4 Exemption from preparing a cash flow statement
The charity has taken the exemption provided in Update Bulletin 1 updating Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) allowing small charities not to prepare a cash flow statement.
1.5 Legal status
In both the current and previous year the Foundation is a company limited by Guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £10. At the year end the total of such liability was £20.
1.6 Income
Donations and grants, including capital grants, are included in incoming resources when these are receivable. Interest income is included when receivable by the Foundation.
Page 8
VOICE FOR NATURE FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2 Expenditure
Resources expended are included in the statement of financial activities on an accruals basis, inclusive of any VAT which cannot be recovered. Grants paid or payable in the year are treated as charges to the statement of financial activities. Grants authorised but not yet due are charged to the statement of financial activities in the year in which the obligation arises.
The Charity made the following grants in the year ended 31 December 2024:
| Cencuder (Center for Community Development) Danube-Carpathian Programme Earthbound Journal Galapagos Conservaton Trust Isla Urbana USA, Inc Optmistc Foundaton Solidaridad Internacional Kanda AC (SiKanda) Voice for Nature Limited Wilderlands Total grants made Governance costs Total expenditure |
2024 £ 2,500 - - 4,000 - - - 30,000 4,000 40,500 3,808 44,308 |
2023 £ - 2,200 2.438 - 14,649 2,000 4,476 - - |
|---|---|---|
| 25,763 | ||
| 4,415 | ||
| 30,178 |
In 2024 £3,300 in governance costs was included in respect to independent examiner’s fees (2023: £3,800).
3 Taxation
The charitable company is exempt from corporation tax on its charitable activities.
4 Managing and administering the Foundation, and delivering its activities
The Trustees received no remuneration for the services that they provided in the current or previous period. No trustee expenses were incurred.
Page 9
VOICE FOR NATURE FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5 Movements in funds-tables
| Restricted: Plastki Legacy Project Lost Explorer Mezcal Fund Unrestricted: Total funds Restricted: Plastki Legacy Project Lost Explorer Mezcal Fund Unrestricted: Total funds |
Balance Incoming Expenditure 01.01.24 Resources £ £ £ 3,605 - - 952 - - |
Transfers Balance 31.12.24 £ £ - 3,605 - 952 |
|
|---|---|---|---|
| 4,557 - - 42,675 40,438 (44,308) |
- 4,557 - 38,805 |
||
| 47,232 40,438 (44,308) |
- 43,362 |
||
| Balance Incoming Expenditure 01.01.23 Resources £ £ £ 3,605 - - 20,077 (19,125) |
Transfers Balance 31.12.23 £ £ - 3,605 - 952 |
||
| 3,605 20,077 (19,125) 26,789 26,939 (11,053) |
- 4,557 - 42,675 |
||
| 30,394 47,016 (30,178) |
- 47,232 |
General funds are unrestricted funds. Unrestricted funds comprise those funds which the trustees are free to spend on any of the charity projects in accordance with the charitable objectives.
Restricted funds reflect income and expenditure relating to the projects supported by The Lost Explorer Mezcal Fund (TLEM Fund).
Page 10
VOICE FOR NATURE FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6 Allocation of assets to the funds
Fund balances at 31 December 2024 are represented by:
| Net Current assets Total |
Unrestricted £ Restricted £ Total funds £ 38,805 4,557 43,362 |
|---|---|
| 38,805 4,557 43,362 |
Fund balances at 31 December 2023 are represented by:
| Net Current assets Total |
Unrestricted £ Restricted £ Total funds £ 42,675 4,557 47,232 |
|---|---|
| 42,675 4,557 47,232 |
7 Related party transactions
During the year Voice for Nature Limited made donations to the Foundation of £NIL (2023: £9,900).
The Foundation made donations to Voice for Nature Limited of £30,000 (2023: £NIL).
During the year Mr D M de Rothschild made a donation of £NIL to the Foundation (2023: £15,000). Mr D M de Rothschild and Ms K McLaurin are also directors of Voice for Nature Limited.
The Foundation received a donation from Eranda Rothschild Foundation of £25,000 (2023: £NIL). Mr A J de Rothschild is also a trustee of the Eranda Rothschild Foundation.
8 Staff
The average number of staff in the current and comparative year were both Nil.
Page 11
VOICE FOR NATURE FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9 Prior year Statement of Financial Activities
| Income from: Donatons Other income: Bank Interest Total Expenditure on: Charitable actvites: Governance costs Grant making Total Net income and net movement in funds Transfer between funds Reconciliaton of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 26,873 66 |
2023 Restricted Total funds funds £ £ 20,077 46,950 - 66 |
|---|---|---|
| 26,939 | 20,077 47,016 |
|
| 4,415 6,638 |
- 4,415 19,125 25,763 |
|
| 2 11,053 |
19,125 30,178 |
|
| 15,886 - 26,789 |
952 16,838 - - 3,605 30,394 |
|
| 5 42,675 |
4,557 47,232 |
Page 12