**Charity Registration No. 1115350** 

**Company Registration No. 04929906 (England and Wales)** 

## **ENDANGERED ASIAN SPECIES TRUST** 

**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021** 



ENDANGERED ASIAN SPECIES TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr B cL4z￿r
Professor Dr J Pei
OrA L Cronin MBE
Secretary
LeslerAdridge Services Company Limited
Chsity number
1115350
Company number
04929￿6
Principal address
Longthoms
Wareham
Dorsel
BH20 6HH
Reglsterod offlce
Stag Gates House
63164 The Avenue
Southampton
Hampshire
S017 1XS
Independent examiner
Fiander Tovell Limited
Stag Gates House
63￿ The Avenue
Soulhamplon
Hampshi
S017 1XS

ENDANGERED ASIAN SPECIES TRUST
CONTENTS
Page
TTUStees' report
Independent examinerfs report
Statement of financial activities
10
8olan¢e sheet
11
Notes lo the financial ststements
12-19

ENDANGERED ASIAN SPECIES TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 28 FEBRUARY 2021
The Trustees presenl their report and financial slalements for the year ended 28 February 2021.
The financial statements have been prepared rn accordan￿ ￿th Ihe accounting policies set out in the notes
to the financial statements and comply with the charitable company's governing document. the Charities Act
2011 and Attounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their financial stalements in a¢cor(lan¢e wilh the Financial Reporting Stsndard applicable in the UK
and Republic of Ireland published on 6 Juty 2014 las amended by update B￿letIn 1 published on 2 February
2016).
Objectives and activitie$
The Charitable company's objectives as stsled in tis Memorandum of Association are..
To promole the conservation of en¢Jan9efed Asian species: and
To advance ￿ e(Jucation about, arKI research into endangered Asian species.
The Truslees have paid due ￿gard to guidance is$￿ by the Charity Commission in deciding what activities
the charitable company should un(Jertake.
The Endangered Asian Species Tnjsl provides a range of servic%s in Vietnam lo rescue, rehabilitate and
release primate5 back into the wild. Endangered Asian Species Trust also carries out wildlife surveys and
generally educates the public and raises awareness ts)th in Vietnam and internab"onally.
Achievements and perforniance
See pages 3- 8.
Financial revSew
The slalemenl of financial activities is sel out on page 10 and shows the resutts of the activities carried out
dur¢ng the period.
Income durrng the period was £159.71912020: £126.7861. All ino)me was unrestricted. The totsl expenditure
during the period was £193,281 12020". £216.6741. This resulted in a nel Unrestr￿ted deficit of £33.56212020'.
£89,888>. The reserves of ihe charity at 28 February 2021 were £47,839 (2020.. £81.401).
11 is the policy of the charitable company that unreslricted funds which have r>ol been designated for a specific
use shoul(J be rnaintained at 8 level equivalent lo beiween three and six months, expenditure. The Trustees
consider that reserves al this level will ensure that. in the event of a S￿nIficant drop in funding, they will be
able lo continue the charitsble company's ￿rrent aCtivit￿S while consideration is given lo ways in which
additional funds may be raised. This level of ￿serveS has been maintained throughout the year.
The Trustees have assessed the major risks to whieh the charitsble company is exposed, and are satisfied
that systems are in place lo mitigate exposure to the major risks.
Structure, govefnance and management
The Endangered Asian spe￿es Tnjsl IEAST) was incorporated as a Company Limited by Guarantee on 13
October 2003, as amended by special resolution on 28 June 2006. It has no share capital and is a Tegislered
charity, the guarantee of each member being lirniled lo £1. The go¥eming docurnenl is the Memorandum and
Articles ofAsswation of the company dated 28 June 2006 and the members of the Board of Truslee5 are the
Directors of the company, for the purpose of company law. The rules regarding the number of directors and
Iheir appointment, reappointment and removal are contained in the Articles ofAssocialion lo which refe￿nce
ShO￿d be made.

ENDANGERED ASIAN SPECIES TRUST
TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
The Twslees. w￿? are also the directors lor the purymtse of wnpany law. and who served during the year and
up to the dale of S￿nature of the financial ststements were..
Mr B Glazier
Professof Dr J Pei
DrA L Cronin MBE
Trustees are appointed by the existing trustees to fill a Vacancy as required and in accordan￿ with the
Artides of Assouation. Trustee training is offered as required in order for Iruslee5 to cary out their duties.
lee
report
as approved by the Board of Trustees.
DrA L Cronin MBE
Trustee
Dated: .

Endangered Asian Specles Trust Trnstees Report
UK Charlty 115350
February 2020 to February 2021
The Endangered Asian Species Trust works to help stop the illegal trade of primates. with a specific
focus in Vietnam. The Dao fien Endangered Primate Species Centre. in Vietnam, was founded in
2008 and continues to work in collaboration with the Minislry of Agriculture and Rural Development in
the rescue. rehabilitation and release of endangered primates. natufally occurring in Vietnam.
Running alongside the animal welfare there is a strong education awareness program, working in
schools, local communits'es and inlernalionally.
A¢tlvlties-
1. Endangered Prlmate Rescue
Dao Tien receives endangered primales confiscated by the Vietnamese Government authoritie5.
enforcing national and intemalional law. In this last year Dao Tien rescued 3 gokfjen￿heeked gibbons
(Nomascus gabriellae), 5 douc langur5 {Pygalhrix nigripes, Pyagthrix cinerea). 1 Bengal sbw Icrfis
INyctl￿b￿s bengalensisl and 7 pygmy slow kyis (Nycticebus pygmaeusl from the illegal wildlife
trade.
1.1 Noma$cus'. The crested gibbons invofved two irrfants and one mature female from the illegal p81
trade. The gibbons underwenl health screening and socialisation- the Iwo infants were adopted by 8
surrcgate mother and an adolescent female. The aduh tsrna￿ live alongSKfe another pair of gibbons.
at this lime we have no adult males to pair her with.
Identified issues.. Two issues which have been idenitfied (a} A high percentage of gibbons rescueLS
are unfil for release, based on disease profile or social behaviour. Therefore. exit strategies Ire-
homing in non-release cenlresl need lo be found. This strategy will be considered by the
Government. with investigation starting this next year (bl Dao Tien at present is over capacity and
cannot receive any mre adult gibbons. This issue will be addressed by developing exf( strategies and
the construction of tsvo new forested enclosures on Dao Tien. The aim ts lo achieve a fknw of
primates. at high levels of wefare throughout.
1.2 Pygathrlx.. The rescue of infant douc Ihis lasl year has been ovr hffjhest recorded since we
opened in 2008. This high influx is mirrored in rescue centres in Cambodia. indicating greater hunting
pressure on this genus throughout its natural range.
Figure 1 (left). Infant Nomascus
gabriellae rescued from the
illegal pel Irade Ho Chi Minh
City.
Figu￿ 2 (nghl}. Infant Pyaglthix
inereas. rescued from the
illegal pel trade.

For infant douc temporary han&rearing facilities have been eonstrueted.
Idenlffjed issues= Dao Tien had no specialisl enck)sures for hand rearing orphan douc at this time.
tsking into consideration the high level of sensitivity vrilh this genus.. extra lemperalure regulation
needed for orphans (who rapidty develop pneumonia rf not kept warrn in the cooler monlhsl, sensittve
nutritional as highly specialised feeders and demanding social needs. They are significantly more
sensitive than infant gibbons. Plans have been made for a new speeialisl building irb 2021- 2022
taking into consideration all these needs. plus Ihe planning of 1000 food trees on Dao Tien.
1.3 Nycticebus: Slow loris rescue has been continuous since 2008. wlth the rescue of over 148
indivKJuals. Most have arrived malnourished with minor injuries. Emergency care on arrival has now
been established for this species.
Figure 3. Pygmy slow
kjrrs {NyGticebus
pygmaeusl health check
.2. Endangered Primate Rehabilitation
The rehabililalion of endangered primates is a constant development of husbandry techniques, using
new data gathered from wild observations and post-release indiwduals.
2.1 Nomas¢u5.' We continue lo care for
36 rescued gibbons frorn the illegal trade.
al different stages of rehabililalion
Iqu?rantine lo release). Maintaining and
improving the standard of welfare for non-
rdeasable gibbons and improving our
phase two rehabilitst*Jn process before
lease.
Figure 4. Rehabililalion of Nomascus
gabriellae in phase 2 forested enclosures
on Dao Tien Island.
Identif￿d issues: Nomas¢us gibbons humanise easily and the need for more forested enck)sures
instead of cages al the start of rehabilitat￿n is importanL

2.2 NYcticeb￿S'. continued rehabililation and preparation for release of pygmy slow loris. We have
identified long-lerm captive pygmy slow bris after a period of >3 monlhs in a forested enclosure can
be released. The cenlie manages a flow of pygmy slow loris on average with rescue lo release within
3 months for mosl indNiduals. Captive husbandry protoccAs are being completed.
2.3 Pygathrix- The social. physi￿1 and nutritional need5 of orphan infanl douc are very challenging in
captivity. We have a focu5sed team who provide emotional support. another team who collect known
wild dou¢ leaf species and wild douc faeces lo help maintain a healthy gut. Figure 5 & 6, our focussed
hand rearing douc team providing day and night care.
Figure 5 & 6. Orphan Pygathrix hand rearing.
Identified issues= The rehabilitat￿n of douc (espe¢iaNy black-shanked> is challenging. (a) Initially douc
close down after the shock of hunting. it is ciear that the best way to manage this shock is peer
support. So. il is now proposed for all rescued douc in the south lo transfer to Dao Tien, when near
olheT douc they have the best chance of 5urvr¥al. Dao Tien as a focussed douc rescue centre for
Vietnam has been approved by Ihe Minislry of Agricullure and Rural development. Ibl Diel
management is key. rnainlaining a gut flora matching Ihat of wikj douc and managing a low sugar diet.
Dao Tien, a forested island is perfeclly placed for collecting wild douc leaf and wild faeoes. for
transiti￿ to a leaf eating gut after the infant milk diet. It has been agreed Ihal 1000 specrfic wild dou¢
feed trees will be planted on Dao Tien to maintain a constant suppty for rehabilitating individuals. Ic}
With the aim to release the douc back to the wild. new techniques for rehabilitation are required. On
Dao Tien we have a wild group of doucs {reintroduced in 20101. The group is now 10 strong wilh
several infants. Rehabilitation has involved taking the older orphans down to Ihis group, with the
possibility that they may integrate wrth them in the future. This process is done very earefully as
limited data is known on Ihe social organisaiion of Ihe dou¢$ and rf they are like langurs who practi
high levels on infankn"cide. Further observations are needed.

-ILI
Figure 7 {lop). reintroduced male doue. Figure 8 (Seftl- two black-shanked infants and Figure 9.
observing the reinlroduced wild group lo the orphans.
3. Endangered Primate Release
3.1. Nycti¢ebus-. Continued managed release of 9 pygmy sknw loris, including the successful release
of individuals from long-lemi captivity (over 8 years) and bom in captivity. This is important, especially
lo see if the ¢aplive bom individuals can be rehabilitated and successfvlly retumed to the wild. The
releases were successful and one female bom on Dao Tien survive(I wilh posl-release monitoring of 7
months.

Figure 10. Our slow loris wild monitoring led by Vo Thanh Binh. now with 10 years. experience of
release and posl-release monitoring.
Identified issues.. Not being able to release Bengal slow10ri5. The genetics dala on Bengal slow loris
is not yel available lo clarify the origin for indbviduals we receive. and thus where they should be
released (Vietnam. Carnbodia or Thailandl. We hope wilh continued collatN)ration with Professor
Anna Nekaris this will be achieved.
3.2 Nornascus: This year we wntinued monitoriThJ a released single female Nomascus gabriellae.
After 11 month5 we had lo intervene and relum her lo the cenlre.
The single golden-cheeked female Bien in April still was rnl covering a large area and importantly had
not yet sung or linked up with a wild lone male. At this lime local people enter the forest to ¢olle¢l
forest fruits, (for a cancer cure), the people understood the project and did not try to catch the gibbcm,
bul Bien made Ihe choice to go cbse to the people. The decision was made al this point to inleryene
and relum her to Dao Tien.
IdentifRd issues.. (al the dats suggests that Sing￿ females travel little and are quiel. reduciro
opportunities for finding wild males. Next releases will be famity groups (bl they can behave as if they
are kjnely. and thus seek out other primates. humans. Although the female was re8red by a surrogate
gibbon, she was sbll too humanised. (c} The prqe¢t needs lo be stronger in mainlaining as few
human links as possible in the rehabililation prccess. Getting individuals into foresled encfv)sures as
soon as possible when infant. (d) Another idenkn.fied issue was the lack of effective collaboration with
forestry protection in Cal Tien. This has now been addre55ed for future release lel Telemetry
monitoring was weak due to high attenuaiK)n of Ihe signal. For future releases drones may provKfe
better results.

Fiwre 11 (left) Bien prfrrecapture, Figure 12 lrightl. Bien returning to Dao Tien after intervention.
4. Endangered Prlmate Research
Dao Tien earries out con5tsnt re￿arch on nutrition, captive behaviour. post-release monitoring.
including the continual testing out new teletnety techniques for this genus. Onsile capacrf(ies
increased with post-mortem sample collection to ensure as much dats is gathered at all times.
Identif￿d issue: Due lo Covid and the inability for ￿search studenls to visil onsite. Wielnamese or
Inlernalional. research has been limited. Intemalional experts such as our Veterinary support teams
have also been unable to Iravel to Vietnam. forcing EAST to firKI solutions within country. This has
triggered greater o)Ilal)oration within Vietnam with specialists. such as wildlife velerirtarians.
S. Captive Breeding.
Dao Tien does not a¢livety seek lo breed individuals and tsrries out an ongoing program of
ontraception. Breeding is only permitted in individuals in the final stsges of pre-re￿aSe. However
sometimes contraception does not work. This year we had an infant gibbon bom in phase 1 caged
enclosure. 1 Bengal slow kjris and tsmn pygmy slow loris. All these infants will be managed for futu
lease polenlial.
Figure 13 Ileft}. Nomascus gabriellae infant and Figure 14. Nycticebus pygmaeus famity with new
b)m twins.

ENDANGERED ASIAN SPECIES TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ENDANGEREDASIAN SPECIES TRUST
I report to the Trustees on my examination of the financral statements of Endangered Asian Species Trust
(the charitable company) for the year ende(J 28 February 2021. which are set out on pages 9 10 18.
Re$pon$ibilltles and basls ol report
As the Trustees of the charitable company (and also ils directors for the purposes of ￿rnpanY law) you are
responsible lor the preparakn.on of the f￿r￿la1 staternent$ in a￿ordance with the reqyiremenls of the
Companies Act 2006 {Ihe 2CQ6 Acll.
Having satisfted myself that the financial statements of the charitable company a￿ 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 the charitsble company's financial statements carried out under section 145 of the Charities
Act 2011 Ilhe 2011 A¢tl- In carrying out my examination I have followed all the applicable Directions given
by Ihe Charity Commission under sectK)n 145ISXbl of the 2011 Act.
Ind•pend•nt •xaminer's statement
I have complete(I my examination. I confirTn that no matters have come to my attention in conneetion with
the examination giving me cause to believe that in any material respecl:
accounting records were nol kept in respect of the charitable u)mpany as required by seclK)n 386 of
the 2006 Ad.. or
the financial ststements do not accord with those records.. or
Ihe financial statements do not comply the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a true and lair view which 15 not a matter considered
os part of an independent examination,. or
the financial statements have not been prepared in accordance with the method5 and principle5 of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
p￿ParIng their accounts in accordance with the Financ￿1 Reporting Slandard applicable in the UK and
Republic of Ireland (FRS 102)-
I have no concerns and have come acTOSS no other rnatters in connecticm with the examinalion to wh
attention should be drawn in this report in order to enable a proper understanding of the financial slalements
lobe
Fiander Tovell Limited
Slag Gates House
63164 The Avenue
Southarnpton
Harnpshire
S017 1XS

ENDANGERED ASIAN SPECIES TRUST
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 28 FEBRUARY 2021
2021
202D
Notes
In
efr
Donations and lewes
Charitable activitie5
Inveslmenls
156.643
3.062
14
82.728
43.845
213
Total Income
159.719
126.786
Charitable acttvit*s
193.281
216,674
Net expenditure for the yearl
Net movement in fvnds
(33.5621
189,888)
Fund balances at 1 March 2020
81.401
171.289
Fund balances at 28 February 2021
47,839
81.401
The 51alemeni of financial activities indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing activib"es.
ststement of finanaal acllvilies also complies w¢th the requirements for an income and expendllure account
under the Companies Act 2006.
10-

ENDANGERED ASIAN SPECIES TRUST
BALANCE SHEET
AS AT 28 FEBRUARY 2021
2021
2020
Notes
Flxed assets
Intangible assets
Tangible asse15
10
11
317
21.497
529
31.440
21,814
31,969
Current assets
Stocks
Deblors
Cash al bank and in hand
12
13
17.980
10,197
6.966
18,793
21.457
13.763
35,143
54.013
reditors: amounts falling du• within
on• yèar
14
19.118}
14.581)
Nel current assets
26.025
49,432
Totsl assets less current liab•lities
47,839
81,401
Income funds
Unrestricted funds
47.839
81,401
47,839
81,401
The charitable company is enliued lo the exemption from Ihe audit requifemenl contsined in section 477 01 the
Companies Act 2006, for the year ended 28 February 2021. No member of the (x)mpany has deposited a n(*ice,
pursuant lo section 476, requiring an audit of these financial statements.
The Tnjstees acknowfedge their responsibility for comr4wng wth the requiremen15 of the Companies Act 2006
with respect to accounting records and the preparation of financial slalements.
These finanaal statements have been prepared in accordance w*th the wovrsions applicable to wmFonies
subject to the small companies regime.
The
ounts
reap
ved by the Trustegs Oll ......... ..... ........
rAL Cronin M8
Trustee
Company Reglstration No. 04929906
11

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2021
Accountlng pollcles
Company inforniation
Endangered Asian Species TDJSI is a charitable company limited by guarantee inccwraled in EnglaThJ
and Wales. The wislered office 1$ Stag Gates House. 63164 The Avenue. Southamplon, Hampshire.
S017 1XS.
1.1 Accounting conventton
The financial statements have been prepared in accordan￿ with FRS102 Tr Financr81 Reporting
Standard applicabk in the VK and Republic of I￿land. I"FRS 102.1. the Companies Act 2006 and
'Accounting and Reporting by Charities.. Slalemenl of Recommended Practi￿ applicab￿ lo charities
preparing their accounts in accordance wilh the Finanoal Reporting Stsndard applicable in the UK and
Republic of Ireland IFRS 102)- las amended for accounb.ng periods (x)mmencing from 1 January 20161.
The charitable company 15 a Public Benefit Entity as defined by FRS 102.
Thg financial slalements are prepared in slerfing. which is the functional currency of the charitablè
company. Monetary amounts in these financial sialements are rounded to the nearest £.
The fin?ncial statemen15 have been prepared under the histori￿1 cost convention. The principal
accounting policies adopled are set out bebw.
The charitable cornpany has taken advantsge of the provisions in the SORP for charities applying FRS 102
update Bullelrn 1 not to prepare a Stslernenl of Cash Flows.
1.2 Going ¢oncem
The charity 15 reliant Up¢￿ the continued support of its principle benefactor, Monkey Worfd. Alihcugh there
is no contractual obligation or commitment fvrther funds have been advanced since the year end thal are
adequate for the charities cuThent requirements. There is no indication that lunding is likely to be
withdrawn. Thus the Trustees continue to adopt the going concem basis of accounting in preparing the
financial stalements.
1.3 Charltablg funds
Unreslricled fijnds are available for use at Ihe discretion of the Truslees in frjrtherance of their charilable
objectives.
Reslricled funds are sufy'ed to specific eonditions by donors as lo tThv they may be used.
1.4 In¢om•
Income is recognised when Ihe charitable company is legalty entitled to it after any perfomiance conditions
have been met, the amounts can be measured Teliably, arKI il is probable that income will be received.
Cash donations are recognised on receipl. Other donalions are recognised once the charilable company
has been nobfied of the donation. unless perfomiance conditions require deferral ol the amount. Income
lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised al the
lime of the donat￿.
Legacie5 are recognised on receipl or otherwise if the charitable company has been notified of an
impending distribution, the amount is known, and le￿ipE is expecied. If the amount is not known. Ihe
legacy is treated as a ￿￿tingent a5sel.
Shop and tourism income is measured al the fair value of Ihe consideration received or receivable and
represents amounts receivable for goods and servi￿$ provrded in the nomial course of business. net of
discounts arKI other sales related tsxes.
12-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
Accountlng policies
{Continu•dl
1.5 Expenditure
Expendilure is recognised when a liabilrty rs I￿U[red. Ml expenditure is accounted for on an accruals basis
and has been classified under the heading that aggre9ales all costs related lo the category.
Govemance costs include Ihose costs incurred in the governan￿ of the company's assets and are
primarity associated with the constilulKJnal and st8lulory requiremerts.
Irrecoverable VAT is treated as resources expended in ￿ principal activity that incurred ts original VAT.
1.6 Intangible fixed as%ts other than goodwill
Trade mark5 are written off in equal inslalmenls over their ests"mated useful economic life of 4 years.
Website costs ore written off in equal instsknents over their estimated useful economic lrfe of 8 years.
1.7 Tangible fixed assets
Tangible fixed assets a￿ initially measured at cost and subsequenuy measured al cost or valuation, net of
depreciation arKI any impaimient losses.
Depreciation is recognised so as to write off the cost or valuation of assets less Iheii resNJual values over
their useful lives on the following bases..
La￿1 and bu￿ding$
Plant and ma¢hinery
10% straight line
25% straoht I￿
The gain Of loss arising on the disposal of an assel 15 delemiined as Ihe difference be￿en the sale
proceeds and the carrying value of the asset. and is recognised in nel incomellexpendtturel for the year.
1.8 Impalrment of 1Sxed assets
Al each ￿porting end date, the charitable company ￿ViewS the Car￿n9 amounts of its tangible aTrJ
intangible as5els lo detemine whether there is any indicatton that those assets have suffered an
irnpairmenl loss. If any such indic8bon exists. the ￿¢0¥erable amount of the asset is estimated in order to
detemine the extent of the impaimient ￿$$ (rf any).
1.9 Stocks
Stocks are staled at the lower of cost and eslimated selling Pri￿ less costs lo complete and sell. Cost
comprises direct materials and. where applicable, direct labour cos15 and those ovetheads that have been
incurretl in bringing the stocks to their present kncatw and condition.
Cost is calculated by use of the FIFO method.
1.10 Cash and cash equivalents
Cash and ￿$h equNalents include cash in hand. deposits hekl al call with banks, other sh¢)rt-lemi liquid
investments with original malurilies of three monlhs or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
13-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
Accounting policie$
(Continued)
1.11 Financial instruments
The charitable company has elected to appty Ihe provisions of secb.on 11 'Basic Financial Instrurnents, and
Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Finanaal instruments are recognised in the charilable comp8nYs balance sheet when the charitable
company becomes party to the contractual provisions of the instrument.
Financial assets and liafjililies are offset. wrth Ihe net amounts presented in the financial Stat￿ents, when
there is a legally enforceable right to set off the re¢ryJnised amounts and there is an inlention lo settle on a
net basis or to realise the asset and setlje the liability simultaneousty.
Ba$lG financial assets
Basic financial assets. which include debtors and cash and bank balances. are initially measured at
rransaclion price Including transaction costs and are subsequentty Carried at amortwd cost using the
effective interest rrElhcNJ unless the arrangement constitules a financing fransaction. where the transaction
is measured al the present value of the future receipts discounted at a market rate of interest. Financial
assets das5ified as receivable within one year are not am0￿"sed.
Basi¢ financial liabilities
Basic financial liabilities. indudirKJ cre(Jilors an¢J bank loans 8re initialty recognise(l at transaction prrce
unless the arrangement constilules a financing transaction. where the debt instrument is measured al the
present value ol Ihe future payments discounted al a mart(el rale of inleresl. Financi81 liabilities classified
as payable wtthin one year are not amort15ed.
Debt instruments are subsequently carried al amrtised cost. usiw the effects.ve interest rale methTrJ.
Trade creditors are obligations lo pay for goods or seryices Ihat have been acquired in the ordinary course
of operations from suppliers. Amounts payable are classified as Current liabilities if payment is due within
one year or less. Ff not. they are presented as non-currenl li8bilitses. Trade creditors are recognised initially
at transaetion price and subsequently measured al amorb.sed cost using the effeth.ve interest method.
Derecognition of financlal liabilitie$
Financial liabililies are derecognised when the charitable ccrfnpany's contraclual obligations expire or are
discharged Of cancelled.
1.12 Employee bengffts
The cost of any unused holiday entillemenl is recognised in the petK)d in whtch the employee's services
a￿ received.
Termination bellefi15 are recognised immediately as an expense when the charitable company hs
demonstrably committed to terminate Ihe employment of an employee or to prO¥￿e leTminalion benefits.
1.13 Retirement benerts
The charity operates a defined contribulton pension scheme. Payn￿nts to defined ￿ntrib￿￿.0n retirement
benefit schemes are charged as an expense as they fall due.
1.14 Forelgn exchange
Transactions in currencies other than pounds stefh.ng are recorded al the rates of exchange prevailing al
the d8tes of the transact￿)n$. At each reporting end date. monetary assets and liabilities that a
denominated in foreign currencies are ietranslaled al the rates prevailing on the reporting end date. Gains
ar￿ losses arising on translation are rnduded in net incomel{expenditure for the period)-
14-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
crftlcal accounting estlrnates and judgements
In the app￿ication of tre charitable company's accounting policies, the Twslees are require(J to rnake
judgements, estimates and assumptions abovl the carrying arnount of assets and liabilities that are r￿1
readily apparent from other sources. The estsmates an(J associate(1 8ssumptions are based on historical
experience and other facloys ttwi are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underfying assumptions are rewewed on an ongoing basis. Revisions to accounting
estimales are recognised in the period in whrch the estimate is ￿ViSed where the revision affects onty that
period, or in the peiiod of the revision and future periods where the revision affects both current and lulure
periods.
l)onations and legacies
2021
2020
Donations
Legacies receivable
Adopti￿$
155,491
81,139
1,097
492
1.152
156.643
82.728
Donations and legacies in the current and prior year are all unrestricted.
Charltable activities
Research
volunteers
Tourl$m
in¢ome
Shop
InMm•
Totsl
Tolal
2021
2020
Sales wtlhin charita￿e activities
3.062
3.062
43,845
InCc￿e from charilable activiles in Ihe current and prior year are all unrestricted.
Investments
2021
2020
Interest receivable
14
213
Inveslmenl income in the current and prior year are all unreslricted.
15-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
Charitable activities
Charitable Governance
expenditure
costs
2021
2021
Total
2021
Total
2020
Staff costs
Depfecialion and impaim)ent
Travel & subsistence
Clothing & uniform
Rent
Postage & slationery
Telephone
Insurance
Charty shop
Light & heal
Cleaning
Equipment expenses
Repairs
Animal costs
Animal food
CarTiage
Educational costs
Exchange & finance charges
Legal fees
81.221
10.155
17.053
2.161
10.935
898
2.056
524
811
3,793
583
2.745
4.357
81,221
10,155
17,053
2,161
10.935
87.304
11.701
29,012
1,518
11.047
191
1,829
524
13.9e6
3,398
250
2.888
3.655
8,574
6.390
433
25,534
4,683
177
2.056
524
811
3,793
583
2,745
4.357
3,346
7.889
7.889
38,069
4.331
38.069
4.337
190.927
190,927
213,074
Govemance costs (note 7)
2.354
2.354
3,6LKI
190.927
2,354
193,281
216.674
Governance c05t5
2021
2020
Independent Examination of annu81 acLxunts
2,354
3,600
Trustees
None of the Trustees lor any persons connecte(I with them} received any rgmuneralion or benofils from Ihe
charitable company durir¥J the ojrrent or prior year. There were rKJ expenses reimblsrsed to Trustees in
either year.
16-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
Employees
The average monthly number of employees during the year wa5."
2021
Number
2020
Plumber
Management
Local ￿￿tnameS¢ staff
11
Totsl
13
Employment ¢08ts
2021
2020
Wages and salaries
Social security Costs
Other pensron costs
65.609
4,342
393
67,962
1,386
393
81,221
87,304
Theie were no ernpbyees whose annual remuneration was £60.000 or more.
10 Intangible fixed assets
Trademarks
Websitg
Total
Cost
Al 1 2020 and 29 February 2021
4.113
4,960
Amortlsation and impalrnienl
At 1 March 2020
Amortisation charged for the year
4,113
318
212
4,431
212
At 28 February 2021
4.113
530
4.643
Carrying amount
Al 28 February 2021
317
317
Al 29 February 2020
529
529
17-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
11 Tanglble fixgd assets
Land and Plant and
bulldSngs rnachlDery
Total
Cost
Al 1 March 2020
225.423
62,227
287.650
At 28 February 2021
225.423
62.227
287.650
Depreciation and impalmient
At 1 March 2020
Oepreoation charged in the year
212.573
2.659
43,637
7,284
256,210
9.943
Al 28 Fet¥uary 2021
215.232
50.921
266,153
Carrylng amount
Al 28 February 2021
10.191
11.306
21.497
Al 29 February 2020
12,850
18.590
31.440
12 Stocks
2021
2020
Finished goods and goods for resale
17.980
18,793
Durfng the year £811 12020.. £13.9661 of stock was re(tsanised as an expense.
13 Debtors
2021
2020
Amounts fallin9 due within on• year.
Other debtors
Prepayments and acwed incoffle
4,262
5.935
4,841
16,616
10.197
21,457
14 Creditors: amounts falling due within one year
2L121
2020
Other taxation and social security
Trade crediiors
Other creditors
Accruals and deferred income
1.061
18
4.606
3.433
1.082
19
230
3.250
9.118
4.581
18-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2021
15 Retlrement benvfft schemes
Defined contribution schemes
The charitable company operates a (Jefined wntribution pension scheme for all qualifying employees. The
assels of the scherne are held separately from those of the charitable company in an independently
adminisleTed fund.
The charge lo the slalement ol finarrial activities in respect of deffined contributKJn schemes was £393
12020. £3931.
16 Related party transactions
Transactions wrfh related partie$
Ourtry the year the charitable company entered into the folk>wing tsansacts.ons with related pa￿"e$..
One of the trustees. Dr Alison Cronin MBE. is also the direclor shareholder of Monkey Workl Limited. A
charitable donab.on of £130,00012020.. £70.000) was received during the year from Monkey Workl Limited.
At the balance sheet date. there a￿ amounts due lo connected companies of £4.60612020.. £2301 due lo
Monkey Wortd Limited. This is interest free and repayable on demand.
Dr Alison Cronin MBE is also a director and shareholder of Ape cOn￿$S1onS Limited. At the balance sheet
date £2.163 12020.. £2.140} is due from connected Compan￿$. This is Inte￿St free and repayable on
demand.
19-