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2024-02-29-accounts

TULI CONSERVATION TRUST UK ANNUAL REPORT

For the Year Ended 29 February 2024

Charity registration number 1113913

Tuli Conservation Trust UK – Trustees’ Annual Report for Year Ended 29 February 2024

Structure, Governance and Management

Name and registraton

Tuli Conservation Trust UK (formerly Tuli Development Trust) Constituted under a Deed of Trust Registered charity number 1113913

Registered Address

North Lodge Farm Widmerpool Lane Widmerpool Nottingham NG12 5QE

Trustee Details

Name Position Appointed/
Re-appointed
Resigned
Michael Dawson Trustee 28 November 2022
Jacques Andre de Haan Trustee 1 February 2022
Philipp Urs Graf Trustee 8 December 2020/
8 December 2023
Julia Butterfield Trustee
and
Interim
Chair
4 February 2013/
4 March 2019/
1 February 2022
Keith Douglas Scholey Trustee 4 March 2019/
1 February 2022
Alastair David William Fothergill Trustee 4 March 2019/
1 February 2022

Secretary – Fionnuala Carvill

There were no employees during the period under review.

Objectives

  1. To protect and conserve the wildlife and environment of the Northern Tuli Game Reserve and any area subsequently included in the proposed Greater Mapungubwe Transfrontier Conservation Area (GMTFCA) to be established by the Governments of Botswana South Africa and Zimbabwe, and neighbouring communities.

  2. To advance the education of the inhabitants of the Northern Tuli Game Reserve, GMTFCA and neighbouring communities.

2

Tuli Conservation Trust UK – Trustees’ Annual Report for Year Ended 29 February 2024

  1. The relief of poverty, sickness and distress of the inhabitants of the Northern Tuli Game Reserve, GMTFCA and neighbouring communities.

  2. The preservation and protection of good health of the inhabitants of the Northern Tuli Game Reserve, GMTFCA and neighbouring communities.

Activities

During the year under review Tuli Conservation Trust UK (TCTUK) continued its arms-length relationship with the Tuli Conservation Trust (a Botswana trust) which is a charitable trust established to, inter alia , protect and enhance the Northern Tuli Game Reserve, Greater Mapungubwe Transfrontier Conservation Area and neighbouring communities through conservation and community empowerment.

Although TCTUK and Tuli Conservation Trust (TCT) have separate Trustees, each with their own fiduciary duties, both trusts have a common aim - which is set out in the respective Objects - hence the wish to work closer together. The relationship is formalised through a Memorandum of Understanding which governs the relationship and responsibilities of each party with regard to grant giving.

Fundraising throughout the year under review was put on hold pending the identification of major projects to support. At the start of 2024 and after an extensive recruitment process, TCT onboarded a Community Liaison Officer based in Tuli, and with the addition of this permanent resource - meeting with the communities surrounding the Northern Tuli Game Reserve and identifying significant areas of need - a programme of potential projects has been formulated which are undergoing feasibility studies and due diligence. Once the appropriate processes have been met, and sustainable projects identified, fundraising will re-commence accordingly.

The Trustees have throughout complied with their duty to have due regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Joint Fundraising Commitee

The Joint Fundraising Committee is constituted in conjunction with TCT and has formal Terms of Reference. The main responsibilities of the Joint Fundraising Committee are developing a fundraising strategy, leading on all fundraising activities, and maintaining the TCT website. During the year under review, regular posts on social media were made to raise awareness of conservation issues, particularly human wildlife conflict.

Members of the Fundraising Committee are as follows:-

Michael Dawson (Chair) Stephen Lansdown CBE Philipp Graf Jacques de Haan Fionnuala Carvill

Bios of the TCTUK Trustees and Fundraising Committee members can be found at www.tulitrust.org.

The Trustees would like to thank all those who have previously donated to TCTUK.

3

Tuli Conservation Trust UK – Trustees’ Annual Report for Year Ended 29 February 2024

Risk Management

The Trustees monitor the principal risks facing the Trust which include the receipt of funds, security of assets and allocation of grants. Due regard is given to the relevant laws, regulation and guidance that apply to the Trust as a registeredcharity.

Events after the reportingdate

After the year under review, negative factors including rising inflation rates and the cost-of-living crisis continue – economic conditions which will inevitably influence the ability to raise funds. The impact to the Trust will be closely monitored by the Trustees, with a prudent outlookadopted.

FinancialReview

As a registered charity with a gross income of over GBP25,000 but not exceeding GBP250,000 in the year-ended 29 February 2024, and as set out by the Charity Commission, the Trustees have elected to prepare accounts on the receipts and payments basis. The accounts for the period under review have been subject to an independent examination which has been undertaken by PKFFrancisClark.

There has been no trading income and the assets in the Trust consist of cash only, the balance of which stood at GBP202,484 as at 29 February 2024. As reserves grow it is the intention of the Trustees to set out a reserves policy.

The Trustees and Fundraising Committee members all serve voluntarily without payment. The Expense Policy sets out the conditions by which the Trustees may reclaim expenses, but in the period under review no such expenses have been claimed from the Trust.

The Trustees declare that they have approved the Trustees’ Report above.

Signed on behalf of the charity’s trustees:

Julia Butterfield Trustee Date: 5 August 2024

Fionnuala Carvill Secretary Date: 5 August 2024

4

Independent Examiner’s Report to the trustees of The Tuli Conservation Trust UK for Year Ended 29 February 2024

I report to the trustees on my examination of the accounts of The Tuli Conservation Trust UK (the Trust) for the period started on 1 March 2023 and ended 29 February 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name: Nicholas Farrant BA MSc Fellow of The Institute of Chartered Accountants in England and Wales

Date: 6 August 2024 Address: PKF Francis Clark Ground Floor Blackbrook Gate 1 Blackbrook Business Park Taunton Somerset TA1 2PX

5

Tuli Conservation Trust UK – Receipts and Payments Accounts for Year Ended 29 February 2024

6

Charity Name No (if any) No (if any)
Receipts andpayments accounts CC16a
For the period
from
~~ee~~
01/03/2023
Period start date
~~ee~~
To
~~ee~~
29/02/2024
Period end date
Section A Receipts and payments Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Restricted Endowment
funds
Total funds Last year
to the nearest
£
to the nearest to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 5,000 - - - 5,000 177,724
Gift Aid 31,250 - - - 31,250 -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Sub total(Gross income for
AR)
(Gross income for
AR)
36,250
- - - 36,250 177,724
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts
36,250
-
-
36,250
177,724
~~——————~~
A3 Payments
Wensite hosting 360 - - - 360 360
email addresses 270 - - - 270 221
Bank charges - - - - - 30
Grants - - - - - 50,000
Audit Fee - - - - - 480
- - - - - -
- - - - - -
- - - - - -
- - - - - -
**Sub total ** 630 - - - 630 51,091
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments
630
-
-
630
51,091
~~——————~~
Net of receipts/(payments)
35,620
-
-
35,620
126,633
A5 Transfers between funds
-
- -
-
-
A6 Cash funds last year end
166,863
- -
166,863
40,231
Cash funds this year end
202,483
-
- 202,483
166,864
~~===>>~~

CCXX R1 accounts (SS)

08/10/2024

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
202,483
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
J M Butterfield
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
J M Butterfield 11.06.24

CCXX R2 accounts (SS)

08/10/2024

2

TULI CONSERVATION TRUST UK ANNUAL REPORT

For the Year Ended 29 February 2024

Charity registration number 1113913

Tuli Conservation Trust UK – Trustees’ Annual Report for Year Ended 29 February 2024

Structure, Governance and Management

Name and registraton

Tuli Conservation Trust UK (formerly Tuli Development Trust) Constituted under a Deed of Trust Registered charity number 1113913

Registered Address

North Lodge Farm Widmerpool Lane Widmerpool Nottingham NG12 5QE

Trustee Details

Name Position Appointed/
Re-appointed
Resigned
Michael Dawson Trustee 28 November 2022
Jacques Andre de Haan Trustee 1 February 2022
Philipp Urs Graf Trustee 8 December 2020/
8 December 2023
Julia Butterfield Trustee
and
Interim
Chair
4 February 2013/
4 March 2019/
1 February 2022
Keith Douglas Scholey Trustee 4 March 2019/
1 February 2022
Alastair David William Fothergill Trustee 4 March 2019/
1 February 2022

Secretary – Fionnuala Carvill

There were no employees during the period under review.

Objectives

  1. To protect and conserve the wildlife and environment of the Northern Tuli Game Reserve and any area subsequently included in the proposed Greater Mapungubwe Transfrontier Conservation Area (GMTFCA) to be established by the Governments of Botswana South Africa and Zimbabwe, and neighbouring communities.

  2. To advance the education of the inhabitants of the Northern Tuli Game Reserve, GMTFCA and neighbouring communities.

2

Tuli Conservation Trust UK – Trustees’ Annual Report for Year Ended 29 February 2024

  1. The relief of poverty, sickness and distress of the inhabitants of the Northern Tuli Game Reserve, GMTFCA and neighbouring communities.

  2. The preservation and protection of good health of the inhabitants of the Northern Tuli Game Reserve, GMTFCA and neighbouring communities.

Activities

During the year under review Tuli Conservation Trust UK (TCTUK) continued its arms-length relationship with the Tuli Conservation Trust (a Botswana trust) which is a charitable trust established to, inter alia , protect and enhance the Northern Tuli Game Reserve, Greater Mapungubwe Transfrontier Conservation Area and neighbouring communities through conservation and community empowerment.

Although TCTUK and Tuli Conservation Trust (TCT) have separate Trustees, each with their own fiduciary duties, both trusts have a common aim - which is set out in the respective Objects - hence the wish to work closer together. The relationship is formalised through a Memorandum of Understanding which governs the relationship and responsibilities of each party with regard to grant giving.

Fundraising throughout the year under review was put on hold pending the identification of major projects to support. At the start of 2024 and after an extensive recruitment process, TCT onboarded a Community Liaison Officer based in Tuli, and with the addition of this permanent resource - meeting with the communities surrounding the Northern Tuli Game Reserve and identifying significant areas of need - a programme of potential projects has been formulated which are undergoing feasibility studies and due diligence. Once the appropriate processes have been met, and sustainable projects identified, fundraising will re-commence accordingly.

The Trustees have throughout complied with their duty to have due regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Joint Fundraising Commitee

The Joint Fundraising Committee is constituted in conjunction with TCT and has formal Terms of Reference. The main responsibilities of the Joint Fundraising Committee are developing a fundraising strategy, leading on all fundraising activities, and maintaining the TCT website. During the year under review, regular posts on social media were made to raise awareness of conservation issues, particularly human wildlife conflict.

Members of the Fundraising Committee are as follows:-

Michael Dawson (Chair) Stephen Lansdown CBE Philipp Graf Jacques de Haan Fionnuala Carvill

Bios of the TCTUK Trustees and Fundraising Committee members can be found at www.tulitrust.org.

The Trustees would like to thank all those who have previously donated to TCTUK.

3

Tuli Conservation Trust UK – Trustees’ Annual Report for Year Ended 29 February 2024

Risk Management

The Trustees monitor the principal risks facing the Trust which include the receipt of funds, security of assets and allocation of grants. Due regard is given to the relevant laws, regulation and guidance that apply to the Trust as a registeredcharity.

Events after the reportingdate

After the year under review, negative factors including rising inflation rates and the cost-of-living crisis continue – economic conditions which will inevitably influence the ability to raise funds. The impact to the Trust will be closely monitored by the Trustees, with a prudent outlookadopted.

FinancialReview

As a registered charity with a gross income of over GBP25,000 but not exceeding GBP250,000 in the year-ended 29 February 2024, and as set out by the Charity Commission, the Trustees have elected to prepare accounts on the receipts and payments basis. The accounts for the period under review have been subject to an independent examination which has been undertaken by PKFFrancisClark.

There has been no trading income and the assets in the Trust consist of cash only, the balance of which stood at GBP202,484 as at 29 February 2024. As reserves grow it is the intention of the Trustees to set out a reserves policy.

The Trustees and Fundraising Committee members all serve voluntarily without payment. The Expense Policy sets out the conditions by which the Trustees may reclaim expenses, but in the period under review no such expenses have been claimed from the Trust.

The Trustees declare that they have approved the Trustees’ Report above.

Signed on behalf of the charity’s trustees:

Julia Butterfield Trustee Date: 5 August 2024

Fionnuala Carvill Secretary Date: 5 August 2024

4

Independent Examiner’s Report to the trustees of The Tuli Conservation Trust UK for Year Ended 29 February 2024

I report to the trustees on my examination of the accounts of The Tuli Conservation Trust UK (the Trust) for the period started on 1 March 2023 and ended 29 February 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name: Nicholas Farrant BA MSc Fellow of The Institute of Chartered Accountants in England and Wales

Date: 6 August 2024 Address: PKF Francis Clark Ground Floor Blackbrook Gate 1 Blackbrook Business Park Taunton Somerset TA1 2PX

5

Tuli Conservation Trust UK – Receipts and Payments Accounts for Year Ended 29 February 2024

6