CharSty registratlon numbor 1115350
Company r8gl$tratlon number 04929906 (England and Wales)
ENDANGERED ASIAN SPECIES TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

ENDANGERED ASIAN SPECIES TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Tru8tse8
Mr B Glazler
Professor Dr J Pel
DrA L Cronin MBE
Charlty number
1115350
Company number
04929906
Prlnclpal addre88
Longlhorns
Wareham
Dors8t
BH20 6HH
R?gl•tsred offlce
Sta9 Gates House
63164 The Avenue
Southampton
Hampshire
S017 1XS
Indepondont examlnor
Fiander Tovell Llmited
Stag Gales House
63164 The Avenue
Southampton
Hampshire
S017 1XS

ENDANGERED ASIAN SPECIES TRUST
CONTENTS
Page
Trusle8s' report
1- 13
Independent examinels report
14
Statement of financial activitles
15
Balance sheet
18
Notes to the flnanclal statements
17-25

ENDANGERED ASIAN SPECIES TRUST
TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 29 FEBRUARY 2024
The Trustees present their annual report and financial statements for the year ended 29 Febwary 2024.
The financial statements have been prepared In accordance with the accounting policies set OLrt in note 1 to the
financial statements and comply with the charitable company's governing documenl, the Companies Act 2006
and "Accounting and Reporting by Charities.. Slatement of Recommended Practice applicable lo charities
preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK aThl Republic
of Ireland {FRS 102) (effective 1 January 20191"
Objectives and actlvltlos
The charitabl8 company's objectives as stal8d in its Memorandum of Assoclation are:
To promote the consejvation of endangered Asian speciés., and
To advance the education aboul, and research into endangered Asian species.
The Truste88 have paid due regard to guidance issued by the Charity Commission In declding whal activitl8S the
charitable company should undertake.
The Endangered Asian Spe¢ies Trust provld8s a range of servic8s In Vlelnam lo rescue, rehabilitate and release
primates back Into the wild. Endangared Asian Species Trust also carri8S Out wildlife surveys and generally
educates the publlc and raises awareness both in Vietnam and internationally.
Achlevemonts and perfornianc•
See pages 3- 13.
Flnan¢lal revlow
The stalamenl of financlal activities 18 set out on page 15 and shows the results of the activities carried out during
the period.
Income during the period was £216.602 {2023.' £128,672), of whlch £34,877 was reslricled (2023.. £nil). The total
expenditur8 during the period was £160.282 (2023.. £145,029). This resulted in a net unreslricled surplus of
£21,443 {2023.' £18,357 deficit) and a restricted surplus of £34.877 {2023'. £nill. The total reserves of the charity
al 29 February 2024 were £88,105 {2023'. £31,785).
It Is the policy of Ihe charitable company that unrestricted funds which have not been designated for a specific
use should be maintained at a level aquivalenl to belween three and six months, expenditure. The Trustees
consider that re3erves at this level will ensure that, in the event of a significant drop in funding, they will be able
to continue the charilable company's current activities while consideration is given lo ways in whith additional
funds may be raised. Thls level of reserves has been maintained throughout the year.
The Trustees have assessed the major risks to whlch the charitable company is exposed, and are sallsfied that
systems are in pla￿ to mitigate exposure to the major risks.
Structure, governance and management
The Endangered Asian Species Trust (EAST) was incorporated as a Company Limited by Guarantee on 13
October 2003, as amended by special resolullon on 28 June 2006. It has no share capital and is a registered
charity, the guarantee of each member being limited to £1. The governing document is the Memorandum and
Articles ofAssocialion ofthe company daled 28 June 2006 and the members ofthe Board ofTrustees are the
Directors of the company, for the purpose of company law. The rules regarding the number of directors and their
appointment, reappointment and removal are contained in the Articles of Association to which referen￿ should
be made.

ENDANGERED ASIAN SPECIES TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT> (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
The Trustees, who are also the dire¢tors for Ihe purpose of company law. and who served during the year and up
to the date of signature of the financial statements were..
Mr B Glazier
Professor Dr J Pei
DrA L Cronin MBE
Trustees are appoinled by the existing irustees to fill a vacancy as required and in accordance with the Articles of
Association. Trustee training is offered as required In order for trustees to carry out thelr duties.
st
es,
was approved by the Board of Trustees.
L Cronin MBE
Trusts0
Dated: .....

Endangered Asian Species Trust Trustees Report
February 2023 to February 2024
Purpose of the charity and main activities, including any aims of the
charity
The Endangered Asian Species Trust works to help stop the illegal trade in primates, with a
specific focus on South Vietnam. In South Vietnam the Dao Tien Endangered Primate Species
Centre founded in 2008 continues to work in collaboration with the Ministry of Agricultu
and Rural Development of Vietnam in the rescue, rehabilitation and release of endangered
primates, naturally occurring in South Vietnam. Running alongside the animal welfare is a
strong education awareness program; working in schools, local communities and
internationally.
A primary aim is to develop successful release protocols for confiscated pygmy loris
(Xanihonyciicebis pygmaeus), Black-shanked douc (Pygaihrix nigripes), Annamese silvered
langurs (Trachopiiyhecus margarila) and golden-cheeked gibbons (Nomascus gabriellae).
These will be achieved by working closely with the Vietnarnese Government to confiscate
endangered primate from the illegal wildlife trade, then on the 56 hectare island of Dao Tien
rehabilitat¢ in preparation for managed release. Following IUCNC guidelines, released
individuals are monitored post-release using telemetry tracking in order to evaluate how
well the primates adjust to the wild (general health, feeding, locomotion, territory use and
social behaviour). If they do not adjust, intervention is possible and they would return to the
centre. With each release, we continue learning until successful protocols are achieved
which can then be shared Nationally & Internationally.
Xanthonye¢lcebus & Nycticebus summary
of the maln achlevemenls In theyear
Xanlhonyctlcebus Rescue.. EAST has continued
to work in close collaboration with the Forestry
Protection Department (FPD) of Vietnam to
receive pygmy loris confiscated from the illegal
wildlife trade in South Vietnam, with over 15
individuals in the last year. Through this. East
have identified that there has been an increase in
individuals rescued from fruit gardens (figure l).
Routine hair samples have been collected for
DNA, which has supported research in
establishing the two species of pygmy loris in
Vietnam. (Blair, M. E., Cao, G. T., Lopez-
Nandam, E. H., Veronese-Paniagua, D. A.,
Birchette, M. G., Kenyon, M., ... & Le, M. D.
(2023). Molecular phylogentic relationships and
unveiling novel genetic diversity among slow
and pygmy lorises, inlcuding resurrection of
Xanthonycticebus interniedius. Genes, 14(3),
Figure l. Rescuedpygmy loris
643).

So far only one individual has been confirn]ed as the northern species, with plans being made
for release in the correct geographical range next year.
Xanthonyctlcebus Rehabilitation: Rehabilitation protocols are established for rescued
pygmy loris, captive born or rescued from the illegal trade. Until now we have not had a long
tem) pet protocol for rehabilitation to successful release. In the last year. a successful release
of ex-pet pygmy loris was achieved. after three years of rehabilitation.
Publication of "Summary of pygmy loris rescue and care protocols developed on Dao Tien"
Kenyon, M., Phoung, N. T., Binh, V. T., & Cronin, A. (2023). The development of care
protocols for pygmy lorises (Xanthonycticebus pygmaeus) from 2008 to 2023 at the Dao
Tien Endangered Primate Species Centre, Cat Tien National ParK Vietnam. Vielnamese
Journal ofPrimaIolo￿, 3(4), 37-49).
Xanthonycilcebus Release: Based on managed release protocol, individuals are successfully
released into the newly protected southern region of Cat Tien National Park, following strict
protocols. One individual was monitored using VHF collar, to confirni if highly humanised
pygmy loris can be successfully rehabilitated and released. The male was successfully
monitored for 7 months post-release.
Nyciicebus bengalensls Rescue &
Rehabilllatlon: No Bengal slow loris
were rescued, however two infants were
successfully born at the centre (figure 2).
Genotype mapping is still ongoing in
Gennany, to better understand the
geographical distribution of potential
Bengal slow loris species within the
present geographical range.
Figure 2. Juvenile Bengal slow loris corn on Dao
Tien

Xanlhonycticebus & Nyclicebus Educalion
awareness & Communlly Engagemenl: A
questionnaire survey (figure 3) was carried out in the
buffer zone of Cat Tien National Park, with 50 cashew
fam)ers (25 in ethnic Ma & Steing village and 25 in
Kinh village). We gained a better understanding of the
management practices in cashew, specifically
chemical use and the observations of pygmy loris. It
was established chemicals are rarely used in cashew
and knowledge on pygmy loris behaviour is strong,
with benefits of having pygmy loris in your cashew
understood.
Figure 3. Cashewfamily queslionnaire
"wildlife in harniony" presentation was given in four schools in the two communities
(>IOOO students), followed by the launch of an art competition. With over 100 entries ranging
from 6 years to 14 years, four winners were selected & 20 runners up (figure 4 & 5). The
winning artwork was made into a postcard for sale on Dao Tien and also for the local
community to sell and generate their own funds (figure 6).
CiiOI' thi tac ,
Iklie thual ve don
Figure 4 & 5. Arl coinpe¢ilion winners and enlries on display

Figure 6. Overall arl competition winner 2023
Following on from this, in each village a fornial debate was carried out. To generate a more
interactive debate, loris costumes were used to replicate the good loris (that helps the farmer)
and the bad loris (that is dangerous and harnis the crop) (figure 7). This created a more
theatrical display and a more relaxed workshop with more people willing to interact. The
debate was followed on by a talk from Dao Tién staff on pygmy loris in captivity and in the
wild.
Ek
11
I IAI
Figure 7, Bad loris in the debate

Once the debate was concluded, a children's primate festival took place. Nine different fun
games were established, all replicating a unique ecological feature of the specific primates" to
share knowledge in a fun way (figure 8,9,10 & 1 l). Both children and adults participated
(>500) in the activities, with prizes won. The activities were carried out by Dao Tien staff and
local Vietnamese volunteers (figure 12).
Figure 8, 9, Jo & 11 feslival aclivities
Ir •lAi•
Figure J2. Dao Tien slaffand
volunteers

Five hundred EAST 2024 calendars were distributed to Foresty Protection Department and
the local community, following on from a talk on primate conservation and the work of dao
Tien. The calendars displayed beautiful photos of rescued endangered primates and
inforniation on their protection and rehabilitation on Dao Tien (figure 13 & 14).
i.i(.'Il ?11?4
Figure 13. School ialk.
Figure J4. EAST calendar 2024
PygathrLK & Trahyyop¢hecus spp. summary of the main achlevemenls In lhe
year
Pygathrix & Trahyyoplhecus Rescue: One infant black-shanked douc (Pygaihrix nigripes)
was resclied. The young female was seriously ill on arrival and did not survive the night.
One Indochinese silvered
langur (Trachwpilhecus
germainin) arrived from
Hon Me, for
rehabilitation with other
langurs. Full health
checks and DNA testing
carried out (figure 15 &
16). A second infant was
confiscated from Lam
Dong province.
'ItHu'¢LIU H¢$ •¢Nts VA7 HOANG DA HON ME
Figure 15. Colleclion of infant malefrom Hone Me Rescue Cents'e. Figure 16. Rehabilitation in the
Irees with another langur.

Pygathrlx & Trahyopilhecus Rehabllilalion.. The specialist emergency care house for dou
and silvered langurs was completed (figure 17). in addition to 6 inside cages and one large
outside cage. The house has a full kitchen, tunnels to connect bedrooms, insulated roof to
keep cool and blinds and heat lamps to keep warn] in the cold season. The house is mosquito
and snake proof (figure 18). The first individuals in the house are silvered langurs. The high
connectivity of the house enables introductions of newly rescued langurs to older
individuals.
'F ** i"
Figure 17. New silvered langur and douc einergency care hoiise

The emergency care house has access from the outside but also safe access (snake and
mosquito proofj from the onsite staff accommodation, enabling good access around the clock,
but especially through the night for infant care
Fi￿(re 18. Blinds io keep warmth in al night, mosqui¢0 mesh and a covered walkwayfrom
onsile s¢affaccommodalion.
PygathrLr & Trahyopilhecus Release.. In January Lotek Lite telemetry collars were ordered
for an adult black-shanked douc, scheduled for ￿lease June 2024. Investigations into
release sites were undertaken aliead of this.
Pygailirlx & Trahyoplihecus Educallon awareness., In August 2023 a workshop took place
in Cat Tien National Park (figure 19) with delegates from Ministry of Agriculture, Forestry
Protection Department and NGO'S which reviewed the work of the last year and
highlighting the importance of Rapid Rescue, especially in the case of black-shanked douc.
A campaign for 2024 was outlined to provide emergency care materials and contact details
for rapid rescue throughout the FPD of South Vietnam (figure 20).
RAPID DOUC
TRANSFER
QApTfv
C4T TIE
114:11.1:_
Figure 19. Dao Tien workshop.
Figure 20. Rapid rescue logo

Nomascus gabriellae summary of the main achievements in theyear
Nomascus gabriellae Res¢He.' at full capacity no gibbons have been rescued. A family of five
gibbons are in final preparation for release in 2024. In November 2023 a meeting with
government and Forestry Protection Department was held to discuss the detail for exit-
strategies on individuals not fit for release (figure 21). An evaluation of individuals held by
Dao Tien were presented. with detailed criteria outlined (disease and behavioural)
demonstrating Nomascus gabriellae gibbons unsuitability for release into continuous forest
(figure 22).
14
Figure 21. November 23 workshop on gibbon exit stralegies. Figure 22. Unsuilabililyfor release criteria
Nomascus gabriellae Rehabililalion.. Gibbons were continued to be rehabilitated in forested
enclosures, in preparation for release in 2024 of all the gibbons that have been rehabilitated,.
The length of time in the illegal trade, in the cage and time in forested enclosure was
evaluated (figure 23).

nrer
Figure 23. Backgroundfor Golden-cheeked gibbons meeting release criteria.
Nomascus gabrlellae Release.. Telemetry collars order for scheduled release of a family of 5
golden-cheeked gibbons in 2024.
Nomascus gabriellae Educailon awareness.. Reopening guided educational tours on Dao
Tien after 5 years closure (figure 24 & 25). The tour receives Vietnamese and International
visitors including many school and Government Officials.
¥Li.
Figure 24 & 25. Dao Tien guided educalional tour re-opened.

The significance ofany volunleers.. On Dao Tien we have one International volunteer and 12
Victnamese volunteers to assist in community engagement. The Vietnamese volunteers
created a huge positive impact on the children's activities, especially as the event was run
twice. On the second occasion the volunteers fully understood the mission and were fully
committed to achieve the overall goal.
Significanl posilive and negailvefaclors Ihal affecled Ihe achievemenl of objectives and
howfuture plans affected
Delay in telemetry collar production due to unprecedented demand, postponed douc
and gibbon releases, until later in 2024.
Many National visitors to Dao Tien are disappointed as they cannot get close or touch
the primates. More investment needed in educational activities.
Black-shanked douc infants confiscated, still not being rapidly transferred and
becoming sick before arrival on Dao Tien.
No progress on policy change for exit-strategies for non-releasable gibbons.
Summary offulure plans Includlng alms and objecllve acilvllles planned lo achleve ihem
Single male black-shanked douc release June 2024.
Investigation into release site and a series of health checks planned for release
candidate.
GPSliridium collar ordered for post-release monitoring.
Family group of golden-cheeked gibbons to be released 2024
Investigation into release site, evaluating presence or absence of wild gibbons,
habitat quality and protection effectivity
GPSliridium collared for post-release monitoring ordered.
Final printing and distribution of endangered primate ecology and emergency care
posters to FPD in South Vietnam, focussing on known hotspots for illegal trade and
rescue.
Posters designed based on data gained from the work on Dao Tien and peers.
Improvement of guided tours on Dao Tien, a focus on more interactive engagement in
the education area.
Greater investment in engagement activities on Dao Tien.
Rapid Rescue campaign, focussing initially on black-shanked dou¢.
Increased awareness with Confiscation authorities (police and FPD).
Increased awareness in the community on the illegality of eating douc meat.
Continuation of the loris in the buffer zone questionnaires.
In 2024 focussing on fruit gardens instead of cashew. As cashew is being cut
for Durian. An understanding of what this means for pygmy loris living in the
buffer zone is needed.
Family festival and debate planned Nov 24. for pygmy loris living in hannony in the
buffer zone.
Investigation into Loris release sites and managed protocol use.
Release site survey for northern Vietnamese and Bengal slow loris
Greater collaboration with FPD in hotspots of southern pygmy loris rescue and
release. Vung Tau identified.
Further discussion with the government on policy interpretation for gibbon exit-
strategies
o Meetings in Hanoi planned 2024.

ENDANGEREDASIAN SPECIES TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ENDANGERED ASIAN SPECIES TRUST
I report to the Trustees on my examination of Ihe financial statements of Endangered Asian Specles Trust (the
charitable company) for the year ended 29 Febnjary 2024, which are set out on pag8s 15 to 25.
Re¥pon$lbllltles and ba818 of report
As the Trustees of the charitable company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the Companies
Act 2006 {th8 2006 Act).
Having satisfied myself that the financial statements of the charitable ￿)rnpany 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 the
charitable company's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In
carrying out my examination I have followed all th8 appllcable Direction8 given by the Charity Commission under
se¢llon 145(5)(b> of the 2011 Act.
Indopendent examlner'8 statement
I have completed my examination. I confirm that no matt8rs have come to my attention In connection with the
examination giving me cause to believe that in any material respect..
accountlng records were not kept In respect of the charitable company as required by section 388 crf the 2006
Act., or
the financial 8tatem8nls do not accord with those records., or
the financial statements do nol comply with the accounllng requirements of sectlon 396 of the 2006 Act other
than any requirement Ihat the accounts glve a true and fair vlew whl¢h18 nol a matter considered as part of an
independent examlnatlon., or
th8 financial slalements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable lo Charities
preparing their account8 in accordance wllh Ihe Flnanclal Reporting Slandard applicable In the UK ar(1
Republi¢ of Ireland (FRS 102).
I have no ¢oncern8 and have come across no other matters in connection with the examination to whlch attention
should be drawn in this report in order lo enable a proper understanding of the financial statements to be reached.
.,fv /iaLL, .
Flander Tovall Llmlted
Stag Gates Hou$e
83164 The Avenue
Southampton
Hampshire
S017 1XS
Dated:
14-

ENDANGERED ASIAN SPECIES TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 29 FEBRUARY 2024
Unrestrlctod
funds
2024
Re8tr1cted
fund8
2024
Totsl
Unre8trl¢ted
fund8
2023
2024
Not08
Income from:
Donations and legacies
Charitable activilies
137,433
44,292
34,877
172,310
44,292
101,623
27,049
Total Income
181,725
34,877
216,602
128,672
Charitable actlvitie8
160,282
160,282
145,029
Net Incomollexpondlturn) and movement In
fund8
21,443
34,877
56,320
(16,357)
Reeonclllotlon of fund8:
Fund balances at 1 March 2023
31,785
31,785
48,142
Fund balan¢e8 at 29 February 2024
53,228
34,877
88,105
31,785
The stalemenl of finandal activities includes all galns and losses r8cognlsed In the year. All income and 8xpendlture
derive from contlnuing activities.
The statement of flnancAal activltles also complies with the requlrements for an income and expenditure account
under the Compani88 Act 2006.
15-

ENDANGEREDASIAN SPECIES TRUST
BALANCE SHEET
AS AT 29 FEBRUARY 2024
2024
2023
Note8
Flxed assets
Tangible assets
9,498
5,827
Current assets
Stocks
Debtor8
Cash at bank and in hand
45,227
6,741
31,370
23.972
94
14,983
10
83,338
39,049
Credltor8: amounts falllng due wlthln
ong year
11
(4,731)
(13,091)
Net current assets
78,607
25,958
Total a880ts le88 curront Ilabllltles
88,105
31,785
Incomo fund8
Restricted funds
Unrestricted funds
13
34,877
53,228
31,785
88,105
31,785
The charitable company is enti118d to the exemption from the audit requirement contained in section 477 of the
Companies Act 2006, for the year ended 29 February 2024. No member of the company has deposited a notice,
pursuant to S8Ctlon 476, requiring an audit of these financial slalemenls.
The Trustees acknowledge their responsibility for complylng with the requlrements of the Companies Act 2¢XJ6 with
respect lo accountlng records and the preparation of financial statements.
These financial statements have been prepared In accordance wlth Ihe provlsions applicable to companies subject
to the small compani88 regime.
The
nts wer
approved by the Tru8t8es on ..
DrA L Cronin MBE
Trustee
Company Regl8trdtlon No. 04929906
16-

ENDANGEREDASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
Accountlng pollcle8
Company Informatlon
Endangered Asian Specles Trust is a charitable company limited by guarantee incorporated in Englarvj and
Wales. The registered office is Stag Gates House, 63164 The Avenue, Southampton, Hampshlre, S017 1XS.
1.1 Accountlng convontlon
The financial statements have been prepared in accordance with FRS102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland" I'FRS 102"), the Companies Act 2006 and 'Accounting
Reporting by Charities.. Stslement of Recommended Practlce appllcable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland {FRS
102)" (as amended for a¢counting periods commenclng from 1 January 2016). The charitable company Is
Public Benefit Entity as defined by FRS 102.
The financial statements ar8 prepared In sterling, whl¢h 18 the functional currency of the charitable company.
Monetary amounts in these financial statements are rounded lo the nearest £.
The finanaal statements have been prepared under the historical cost convention. The principal accounting
polleies adopted are set out below.
The charitable company has taken advantage of the provlslons In the SORP for charltles applylng FRS 102
update Bulletin 1 not to prepare a Slatemenl of Cash Flows.
1.2 Golng ¢oncern
The charity Is rellant upon the continued support of Its prlnclple benefactor, Monkey World. Although Ihere Is
no contraclual obligation or commitment further funds have been advanced since the year end that are
adeqltate for the charities current requirements. There is no Indl¢ation that funding is likely lo be withdrawn.
Thus the Trustees continue to adopt the going concern basis of accounting in preparlng the financial
stalemenls.
1.3 Charftable fund8
Unreslri¢led fund8 are available for u88 at the dlscretlon of the Truslees In furtherance of their charitable
objectives.
Restrlcted funds are subject lo specific conditlons by donors as to how they may be used.
1.4 Income
Income is recognised when the charitable company is legally entitled lo11 after any perfomiance conditions
have been met, the amounts can be measured reliably, and it is probable that Income wlll be received.
Cash donations are recognlsed on recelpt. Other donations are recognised once the charllable company has
been notified of the donation. unless performance conditions require deferral of the amounl. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of
the donation.
Legacies are recognlsed on receipt or otherwise if the charitable company has been notified of an impending
distribution, the amount is known. and receipi is expected. If the amount is not known, the legacy is treat8d as
a contingent asset.
Shop and tourism income Is measured at Ihe fair value of the consideration received or re¢eivable and
represents amounts receivable for goods and services provided in the normal cours8 of business, net of
discounts and olher sales related taxes.
17-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
Accountlng pollcles
(Contlnued)
1.5 Expendlturo
Expenditure is recognised when a liability is incurred. All expenditure is accounted for on an accruals basis
and has been Classified under the heading that aggregates all costs relaled to the category.
Governance Costs indude those costs incurred in the governance of the company's assets and are primarily
associated with the constitutional and statutory requirements.
Irrecoverable VAT is treated as resources expended in the prlncipal activity that incurred the origlnal VAT.
Expenditure is recognised wh8n a liability Is incurred. All expenditure is accounted for on an accruals basis
and has been classified under the heading th81 aggregates all costs related to the category.
Governance cost8 includ8 those costs incurred in the govemance of the company's assets and are primarily
associated with the constitutional and statutory requirements.
Irrecoverable VAT18 treated a8 resources expended in the principal activity that Incurred the origlnal VAT.
1.6 Intanglbl• flx•d 488ets other than goodwlll
Trade marks are written off in equal instalments over Iheir estimaled usefijl economlc Ilfe of 4 years.
Website co8t8 are wrltten off in equal inslalments over their estimated useful economic life of 8 years.
1.7 Tanglble flx•d a88•ts
Tangible fixed assets are initlally measured at CO81 and subsequently measured at cost or valuatlon, nel of
depreciation and any Impairment losse8.
Depreciation Is recognised so as to write off the Cost or valuallon of assets less their residual values over thelr
useful lives on the followlng bases..
Land and buildings
Plant and machinery
100/0 Stralght line
250/0 Straight line
The gain or loss arising on the disposal of an asset is determined as the differenc8 between Ihe sale
proceeds and the carrying value of the assel, and is recognised in the slalement of financial a¢tivitie8,
1.8 Impalm)•nt of flxed a880ts
At each reporting end dale, the charitable company f6views the carrying amounts of its tangible and
intangible assets lo determine whether there is any indicalion that those assets have sufferèd an impairment
loss. If any such indication exisls, the recoverable amount of the asset is eslimaled in order to determine the
extent of the impairment loss (If any).
1.9 Stocks
Stocks are stated at the lower of cost and estlmated selling price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those ovetheads that have been
incurred in bringing the stocks to their present location and condition.
Cost is calculated by use of the FIFO method.
1.10 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in Current liabilities.
18-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
Accountlng pollcies
(Contlnuedl
1.11 Flnan¢lal Instruments
The charitable company has elected to apply the provlsions of Section 11 '8asic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitabl8 company
becomes party to the contractual provlslons of the instrument.
Flnancial assets and Ilabilllles are offset, with the net amounts presented in the financlal statemenls, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on 8
net basis or to realise the asset and settle the liability Slmultaneously.
Ba8lc financlal a88ets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried al amortised cost using the
effective interest method unless the arrangemenl constitutes a financing transaction, where the transaction is
measured al the present value of the future receipts discounted al a market rale of Inlerest. Financial assets
dassified as receivable wtthin one year are not amortl8ed.
Ba81c flnanclal Ilabllltles
Basic financial liabllilles, including credllors and bank loans are initially recognised at transactlon price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted al a market rate of Interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instrument8 are subsequently carrled at amortised cost, uslng ihe effective interest rale method.
Trade ¢redilors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from 8uppliers. Amounts payable are classified as current liabilities if paymenl Is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost Using the effective interesl method.
Dorneognltlon of flnanclal Ilabllitlo•
Financial liabilitles are defecognised when the charltable company's contractual obllg81ions expire or ar8
discharged or cancelled.
1.12 Employee benefits
The cost of any unused holiday entitlement 18 recognised in the period in which Ihe employee's services are
received.
Termination benefits are recognised immediately as an expense when the charitable company 1$
demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.13 Retirement beneflts
The charity operales a defined conlribution pension scheme. Payment8 to defined contributlon retiTrment
benefit schemes are charged as an expense as they fall due.
1.14 Forelgn exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the
dales of the transactions. Al each reporting end date, monetary assets and liabililies that are denominated in
foreign Currencies are relranslated at the rates prevailing on the reporting end date. Gains and losses arising
on translation are included in net incomel(expenditure for the period).
19-

ENDANGEREDASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
Donatlons and legacles
Unre8trlcted Re8tricted
funds
funds
Total
2024
Totsl
2023
Donations
Adoptions
136,988
445
136.988
35,322
101,460
163
34,877
137,433
34,877
172,310
101,623
Donatlons and legacies In the Current and prior year are all unrestricted.
Income from charltabl• actlvltle8
Ro8ear¢h
volunteer8
Tourl8rn
Income
Shop
In¢ome
Total
Total
2024
2023
Sales within charitable acllvlties
5,005
39,287
44,292
27,049
Income from charllable activities in the current and prior year are all unrestricted.
-20-

ENDANGEREDASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
Charltable activltie8
Charltable
•xpendlture
2024
Governance
CO8t8
2024
Total
2024
Total
2023
Staff costs
Depreciation and impairment
Travel & subsistence
Clothing & uniform
Advertising
Postage & stationery
Telephone
Insurance
Charity shop
Training course8
Light & heat
Cleaning
Equipment 8xpens88
Repairs
Animal costs
Anlmal food
Car￿age
Educational costs
Exchange & finance ¢harge8
Legal f888
88,325
2,860
13,300
1,142
2,231
363
1,143
587
17.299
885
4,368
127
908
6,423
2,687
7,808
88,325
2,860
13.300
1,142
2,231
363
1,143
587
17,299
885
4,3G8
127
906
6,423
2,687
7,806
66,525
7,072
20,233
248
1,590
1,869
587
11,637
170
3,908
233
2,685
4,923
3,748
6,677
530
5,084
4.368
578
4,342
2,112
(349>
4,342
2,112
{349)
156,558
156,558
141,879
Grant funding of activities
Governance costs (note 5)
674
674
3,050
3,050
3,150
157,232
3,050
160,282
145,029
Governance costs
2024
2023
Independent Examination of annual acLounts
3,050
3,150
Tru8ts08
None of the Trustees (or any persons connected with them) re￿iVed any remuneration or benefits from Ihe
charitable company during the currenl or prior year. There were no expenses reimbursed to TnJst8es in either
year.
21

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Management
Local Vietnamese staff
11
Total
14
11
Employment C08ts
2024
2023
Wage8 and salaries
Social security costs
Other pension ¢ost8
83,695
3,780
850
63,356
2,800
369
88,325
68,525
There were no employees whos8 annual remuneration was more than £60,000.
Tanglble flxed a880ts
Land and Plant and
bulldlng8 machlnery
Total
Co8t
At 1 March 2023
Additions
225.423
8,531
58,455
283,878
6,531
At 29 February 2024
231,954
58,455
290,409
Depreclatlon and Impalmient
At 1 March 2023
Depreciation charged In the year
220,227
2,229
57,824
631
278,051
2,860
At 29 February 2024
222,456
58,455
280,911
Carrylng amount
At 29 February 2024
9,498
9,498
At 28 February 2023
5,198
631
5,827
-22-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
Stocks
2024
2023
Finish8d goods and goods for resale
45,227
23.972
During the year £17,299 (2023.. £11,837) of stock was recognlsed as an expense.
10 Debtorn
2024
2023
Amounts falllng due wlthln one year:
Olher debtors
Prepayment8 and accrued income
6.741
94
8,741
94
11 Credltors: amounts lalllng duo wlthln one year
2024
2023
Other taxation and social security
Tradé crèditors
Other creditors
Accruals and deferred Income
852
928
8,873
2,850
1,079
2,800
4,731
13.091
12 Retlrement beneflt schomes
Deflned contrlbutlon 8cheme8
The charitable company operales a defined contrlbution penslon Scheme for all qualifying employees. The
a$$et$ of Ihe scheme are held separately from those of the charitable company In an independently
administered fund.
The charge to the Statement of financial activities in respect of defined contribution schemes was £850 (2023:
£369).
-23-

ENDANGEREDASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
13 Re8trlctod funds
The restricted funds of the charity compris8 the unexpended balances of donations and grants held on trust
subj8Ct to specific conditions by donors as to how they may be used.
At 1 March
2023
Incomlng At 29 February
resources
2024
34,877
34,877
14 Unre8trlcted fund•
The unrestricted funds of the Charity comprise the unexpended balances of donatlon8 and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
d881gnat8d funds whlch have been 88t aslde out of unr8Stricted fijnds by the trustees for spe￿fiC purposes.
At 1 MaKh
2023
Incomlng Re8ource•
resources
expended
At 29 February
2024
General fund8
31,785
181.725
(160,282)
53,228
Provlou8 yoar:
At 1 March
2022
Incomlng
r080urce8
Resources
expended
At 28 Fobruary
2023
General funds
48,142
128,672
(145,029)
31,785
15 Analy818 of net a88ets between fund8
Unre3trlcted
fund8
2024
Re8trl¢tod
funds
2024
Total
2024
Fund balance8 at 29 February 2024 arè Mpre8ènted by:
Tangible assets
CUr￿n1 assets/(liabilities)
9,498
43,730
9,498
78,607
34,877
53,228
34,877
88,105
-24-

ENDANGERED ASIAN SPECIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
15 Analy818 of net assets between fund8
(Contlnued)
Unrestrlcted
fund8
2023
Re3trlcted
fund$
2023
Total
2023
Fund balance8 at 28 February 2023 are represented by:
Tangible assets
Current assetsl(liabilities)
5.827
25,958
5,827
25,958
31,785
31,785
16 Relatod party tran8actOon8
Tran•actlon8 wlth rolated part108
During the year the charitable company entered into the following Iransactions with related partles..
One of the trustees, Dr Alison Cronin MBE, is also the director and shareholder of Monkey World Limited. A
charitable donation of £105,000 (2023: £95,000) was re¢eived during the year from Monkey World Llmlted.
DrAli8on Cronin MBE is also a diredor and Shareholder ofApe Concessions Limited.
At the balance sheet date, there are amounts due to connected companies of £1.079 (2023,. £8,873). This is
Interest free and repayable on demand.
At the balance 8h8et date, there are amounts due from connected companles of £6,741 {2023: £nil). Th1818
Interest free and repayable on demand.
-25-