Charlty roglstratlon number 1115350 (England and Waleg) Company reglstratlon number 04929906 ENDANGERED ASIAN SPECIES TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
ENDANGERED ASIAN SPECIES TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr B Glazler Professor Dr J Pel DrA L Cronin MBE Charlty numbor {England and Wales) 1115350 Company number 04929908 Prlnclpal addre•• Longlhorns Wareham Dor881 BH20 6HH Rogl•torod offlco Slag G81es House 83164 The Avenue Southampton Hampshl S017 1XS Indepondonl oxamln•r Flander ETL Slag Gales House 83164 The Avenue Soulhampion Hamp8hlre S017 1XS
ENDANGERED ASIAN SPECIES TRUST CONTENTS Pago TnJ$tse8' report Indep8ndent examlnel$ report 19 Statement of financlal advltl88 20 Balance 8hget 21 Not05 to the financl81 statements 22-28
ENDANGERED ASIAN SPECIES TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 28 FEBRUARY 2025 Thg Trustee5 present their annual report and IFnanclal gtstements for the year ended 28 February 2025. The financi81 statements have been prepared In accordance with the accounting pollcies set out in not8 1 to th8 financlal statements and comply with the charitsb18 companys goveming document. the Companlos Act 2006 and "Accountlng and Reporting by Charitles: Statement of Recommended Practic8 8ppllcable to charllies preparing Ihelr accounts in accordance with th8 Flnanclal Reportlng Standard applicable In the UK arKI Republl of Ireland IFRS 102)18ffectlve 1 January 2019)". ObJeetlve• and aetlvltles The charitable company's objectives as stated in its Memrandvm of Assoclatlon are: To promote the eonservation of endangered Aslan species; and To advance Ihe educallon about, and research Into endangered A8ian 8p8¢198. Th8 Truslees have pald due regard to guldanee18sued by the Charlty Comm1881on In decldlng what acllvllles the charltsble company should undertake. The Endangered Aslan Specles Trust provldes a range of s8rvI$ In Vlètnam to rescue, r8habllltale and r8188so prlmat8s back Into the wild. Endangered Asian Sp19$ Trust also carries out wildlif8 surveys and generalty educ8ts8 the publlc arKI ralse8 awareness both in Vletnam and Inlematlon811y. A¢hl•v•m•nts and p•rfornian See p8g88 3- 18. Flnanclal r•vl•w The statement ol flnanclal 8etlvltle818 $et out on pago 20 and 8how8 the re8ult8 ol the actlvltles carrlad out durlng the perlod. Income dudng the porlod was £179.149 (2024.. £216,602). ol whlch £nll vms r08tdcted (2024.. £34,8TT). Th8 lolal expendllure during the perlod was £204,67012024.' £160.282). This r88ull8d In a net unre8lricted surplus of £498 {2024.' £21,443 SUlus) and a restrle19d deficll 01 £26.019 (2024: £34.877 $urplu8). The lot81 reB8rves of the charity at 29 February 2025 were £62,584 (2024: £88,105). It19 the policy of the charltable company th81 unreslrlcled lunds whlch hav8 not been deslgn8t8d for a spedflc use should bg malnlalned 818 level equivalent lo b8lween three and slx months. expendllure. The Trusl&gS conslder that res8rves at thls level wlll ensure thal. In the event of 8 slgnlficant drop in funding they wlll be able to conllnue the charitable company $ current advi16es while conshjeratlon Is giv&n to ways In whlth 8ddition81 lund$ may be ralsed. Thls levol ol reser¥es has been maint81ned throughoul the yèar. The Tru51ees have asses8ed the malor rlsk8 to whl¢h the charlt8bl8 company Is expo8ed, and are satl$fled th8t system? aro In place lo mitigate exp08ure to the rlsks. Strudur•, gov•manc• and manag•m•nt The Endangered A818n Specles Trust (EAST) wa8 InrPOrated as 8 Company Llmlied by Guaranleo on 13 October 2003. as amended by special resolutlon on 28 June 2006. It has no share capital and is a reglslèred charlty, the guarantee of 88ch member being limlled to £1. The governing document Is the Memorandum and Artlcle8 ofAss¢xl81ion of the company dated 28 June 2006 and the Thmbers of the Board of Trustee8 are the Directors of the company, for the purpose ol company18w. The njles regarding the number of dlr8Ctors and thelr appolnlment. reappolntmenl and removal are contained in the Articl88 oIAssociation lo vthlch referen should be mado.
ENDANGERED ASIAN SPECIES TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Tho Trugtee5. who are al80 the dlreclors for the purpose of company law, and who served durlng the year and up lo the date of $lgnalur8 of the flnanclal statements were: Mr B Glazler Prof8550r Dr J Pel DrA L Cronln MBE TNslee8 8re 8ppoln19d by the oxlstlng trustee8 to flll & vacancy 88 rnqulred and In accordancè wlth th8 Artlcles of Asso¢lallon. Trustee tralnlng Is offered as requlred In order for tru$le88 to C8ry Out thelr dutleg. Th8 tee wa$ approved by the Board ol Tru81888. Cronln MBE Tru¥t¥O 03-11-2
Endangered Asian Species Trust Trustees Report February 2024 to February 2025 and main activities includin Pur ose of the chAri an aims of the chari 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 Ti¢n Endangered Primatc Specie5 Centre founded in 2008 continues to work in collaboration with the Ministy of Agriculture and Rural Development of Vietnam in the rescu¢, rehabilitation and release of endang¢red primates naturally occurring in South Vietnam. Running alongside the animal welfare AS a strong education awareness program, working in schools. local communities and internationally. A priniary aim is improving thc standard of critical care, rehabilitation and managed rclease for the specialist endangered primates of South Vietnam,. Pygmy loris (Xanthonyclicebis pygmaeus & inlermedius), Black- shanked douc (Pygathru nigripes), Silvered langurs (Trachoptiyhecus margarita & gerniaini) and golden- cheeked gibbons (Nomascus gabriellae). This will b¢ achieved by working closely with the Vietnamese Government to confiscate individuals from illegal wildlife trade. Confiscated individuals are transferred to a 56-ha island on the Dong Nai Rivcr, Cat TAen National Park, where the Dao Tien Endangered Primate Species Centre is located. Individuals are healed and socialised and those meeting IUCN release criteria prepared for managed retlwn to the forest. Released individuals are nionitored post-release using the most up to date telemetry technology available. in order to ¢valuat¢ how well the primates adjust to the wild (general health. feedlng. locomotion. territory use aiid social behaviour). If th¢y do not adjust intervention is possible and return to the centre. Each time learning and improving releas¢ protocols that are shared Nationally & Internationally. l. Xanthon clicebus & N elicebus summar of the maln Aehlevements In the ear Rescue & release.. EAST has continued to work in close collaboration with the Foresty Protection Department (FPD) to re1ve pygmy loris confiscated from the illegal wildlife trade in South Vietnam, with 6 individuals in the last year rescued and 5 released (figure l). Numbers have decreased due to changes in rescue law. Healthy loris are now being rapidly released at confiscation site. The team are preparing for the satellite release of the northern pygmy loris (Xanthonycticebus py¥maeus) with managed release protocol training for local rangers in-situ. Figure l. Rehabililated southern pygmy loris transferred ¢0 thefield si¢efor managed release.
Xanihonycticebus Rehabilitation: Rehabilitation protocols are establish¢d for rescued pygmy loris, and being made availablc in a easily accessible forniat, including the necessary care needed when handling pygmy loris. Publication. Kenyon. M. and Phuong, N.T., 2024. A case of anaphylactic shock from a pygmy loris (Xanthonyclicebthy pygmaeiL¥) bite in South Vietnam: an opportunity for factual knowledge to drive positive change in human and pygmy loris interactions. Vietnam£Fe Journal ofPriniato1o. 3{5)* pp.3543. aihrix & Trah ithecus s . summa of the maln Achlevements In the ear T.margarlia speclalist care and rehabllltatlon: We have continued our specialist care for Diep, a rescued silvered langur. with DNA confinning he is a T.margarita, the species naturally found in Cat Tien. Once Diep is 4 years of age hecanbe released in Cat Tien National Park with post- release monitoring. Diep has been cared for in the new critical care house, with an outside cage funded by the International Primat¢ Society captive care grant. Over 6 months as he became physically stronger, he was one by one introduced to our trio of silvered (T.germaini) young males for socialisation (figure 2). They are now a very tight small group. Figure 2. T.margarila critical care, Iree training and socialisation with an older T.germaini
ii. Pygathrir nigripes specialist care, rehabllitatlon and release: Simon (fig 3), a rescued black-shanked douc, has now had several health cheLks to enSie he is healthy. He displayed raised inflammatory markers linked to joint issues. This was caused from being kept illegally in a bird ca8c for 5 years. Simon has responded well to treatment. aiid is provided with daily vitamins lo hclp siipport iniprov¢d mobility. Figure 3. Sinion (Black-.Yhanked douc) Peter the adiilt male rescued two years ago, iq Iiow in excellent health and ready for relea.se. Doucs are iiotorlouy for being quiet in the forest ajjd difficiilt to monitor. To ensure post-release monitoring, we fitted a VHFIGPS iridium satellite collar onto Peter. This was the first tinie this type of collar has been us¢d in monsoon rain forest and on a dou¢ species (fig 4). Under thc supcrvision of Dr Savvy from Wildonc Taiwan, P¢t¥r was succcssfully collare(l released on the southLrn tip of Dao Tien {fig 5). This allowed ub to monitor Peter and assess th¢ L'ollar functionality, VHF signal 5tr¢ngth, GPF fix siiccess rat¢ and degrees of position (GPS accuracy). Peter showed no negative reaction to the collar and GPS fix rate, accuracy and VHF beacon all were strong. The GPS/ iridium satellite collar and equipment was mad¢ possible from a Jim Cronin Memorial Fund grant. .j".its•,Ff .1 Figure 4. Fitting GPS collar Figure 5. Peler collared Initially Peter travelled to the southern tip of the island and met individuals from the expanding wild group, with founders released in 201 O. After 2 weeks Peter suddenly travelled to the north-west edge of the island, most likely from a negative interaction from the alpha male of the group on the south. Phuong and Phur would
daily monitor Peter's behaviour and feeding (fig 6). At two months post relcase, Petcr leapt into the 4-ha enclosure that was holding our rehabilitating hand reared douc (Ann Vu, Quy). After initial nervousness it was clear Peter oversaw the small hand reared trio. p¥? Figure 6. GPSfuufrom Pelers GPS Lollar on ihe island oJ'Dao Tien. 3. Nomascus s of the main achievements In the . summar ear l.N.gabriellae captlve CAre and rehAbllltation.' Adult male Nomascus gabriellae Hi¢p had lost condition and was discovered to have decay in all four canines. In the past this would have meant extraction and challenged hi.s fijrther life and feeding. However, thanks to .support from specialist wildlife dental veterinarians from Taiwan, Hiep was successfully ¥iven 4 root canals over two sessions 2 months apart (fig 7). No complications were encountered and post treatment Hiep gained weight and improved his social behaviour wilh his female, an indicator of less pain. The treatment was made possible due to funding from the Jim Cronin Memorial Fund for an x ray camera and appropriate x ray plates. Figure 7.. Hiep canine x-ray and dentalprocedure. Other gibbons on Dao Tien are being tested in forested enclosures for the potential of being release candidates. A young pair Hoi and v]g are b¢ing tested iii a 4-ha enclosure, along with Uh and Lewis.
ri., N.gabriellae releases: In September 2024, the rehabilitating gibbon family (Kizry, Dong, Bich, Tuyen and infant Fizzy I:1..3) were captured ready for GPSliridium (Lotck) collar fjtting and transf¢r to the release cage in La Nga. The male was uncomfortable in the capture cage and hurt his face. To ensure he was unable to hurt himself further, three vets calmly sedated him, and a special transfer cage was fabricated with smooth tin inside so he was unable to push his face against mesh and create further dainage. (fig 8). Collaring and tran8fer went sinoothly thanks to exLellent organisation from Vo Thanh Binh. lead of the field team. Figure 8.. Capture, transfer cage and L'ollaring of the gibboiijumily. A release cage Wsls est&iblit*hed in La Nga, the newly protected area in th¢ south, Connected to Cat Tien National Park in an identifi¢d ar¢a of high species richness, over 2 km from any wild groups to the north In direct collaboration with CTNP rangers, four ranger stations in this new region (Doi Dat Do, Doi Tron, Thanh son, Sa Mach & mobile team) were supported with a monthly bonus to support the EAST post-rel¢ase tracking team and provide extra patrolling of this region while the gibbon family adjusted to a wildlife. The rangers have displayed incredible dedication and co-ownership of the post-releas¢ monitoring project. Rangers have Ancrea5ed skills with telemetry tracking and learnt gibbon ecology (fig 9 & 12). Fi{re 9.. Local rangers.
Vung chuyln tllp Tion9tlIa1 Zon Qu Gl• ca¢ii Vung dèm Buffer Vhnh'cb A* 'An Cr Citlkn Nalkn•l Pwk 1441 nhCL4J Til ' TrtATr Lik• KHb DVTRUSINH ouYÉNDONG NAI DONG NAI BIOSPHERE RESERVE Figure 10. Map OJ'Dong Nai Biosphere Reserve, with the newlyprotecled area ofLa Nga higlilighted. Following IUCN guidelines, the gibbons were provided with food for th¢ first few months, until a large enough area was being travelled by the giblyons to survive in both dry and wet season. The GPS fix data transmitted via the iridium sat¢llit¢ network worked well. It also showed the female travelled north, leaving her main family for a period of two weeks (fig I l).
Figure JJ. GPSfuesfor Kizzy and Dong download via Ihe irridium salelile network Figure 12. Telemelry Iraining The &yibbon groups territories in the old forest of CTNP have been mapp¢(L and dispersing males identified. to monitor int¢rgrnup interaction (fig 13). The released male (fig 14) and female {fig 15) hav¢ shown no issues with the collar (no change in behaviour or snagging observed).
Figiire 13. Wild groupts in relcitionjliip to releutsed groiip Figure 14 .. Adult male Lbng. Figure 15. Adulifemale Kizzj, Gibbon collars and funding for the post-release tracking rangers and veterinary help were supported by the ARCUS Foundation. Summary of Constructlon and Repalrs: (a) Improved forested enclosure fence Ilnes. Storni repair damage on gibbon fence lines. Du¢ to stomi damage (fig 16) a completely new fence was constructed on forested ¢nclosure l. The old concrete posts were replaced by iron posts providing a stronger and longer lasting fence line. The new design worked well and will be carried out on all other fore8ted enclosures.
Figure J6. Siorm damage tofence line 4 (b) Improvement and new deslgn for gibbon slldes. On the l O phase one gibbon cages, many slides had deteriorated and were no longer working smoothly. All slides were replaLed and placed on balls to improve ninning (fig 17). Alttho new arn were fabricated so both slides, which could be operntcd from one sidL. This helped improve movement of animals from one area to another for safe access for cleaning, with reduced stress. Fig¢ip'e 17. Repairs oj gibbon phase one slides (c) Constructlon ora small outslde enclosure for critlcal Care douc and sllvered langur house. Funds from thc IPS Captivc car¢ grant cnablcd the construction of a small outside cagc for infant douc, unable to mix with larger individuals. The small enLlosute is planted with ¢dible trees for the infants to eat leaves (fig 18).
Figure 18,. Small oiifside enclosurefor ¢ri¢ical care house Summary of Educatlon aivareness actlvltles. (a) Improvements of educatlon a¢tlvAtleg on Dao Tlen for vlgltorg. A large magnetic map was created of the forest area in Dong Nai Nature reserve, (fi8 19) with fun magnets that children can place on the map. This encourages the children to consider where th¢y have been and what they have seen,including all animals in Cat Tien such as gaurs, elephants, mosquitoes and leeches, not just primates. It also shows the CTNP buffer zone to introduce the idea that animals do not only stay within the National Park boundary• but animals such as the pygmy loris are encountered frequently in the buffer zone. ouoc GIA CATTIÉN I;1 I IEN NATIONAL PARK Q.-. . Figure 19.. magnetic map in the education area on Dao Tien. This map has prov¢d b¢autiful and stimulating for groups visitin8 Dao Tien.
(b) VIP vlsits to Dao Tien. The ex£ommunist leader and ex-DirKtors of CTNP continue to visit and be proud of the work of Dao Tien (fig 20 & 21). •lJ 11,411 jl I,lll' Figure 20. E¥-communisi leader visit & Figure 21 -directOr visil. (c ) CTNP workshops Project workshops in CTNP have taken place, with the distribution of EAST government posters on the ecology of gibbon, dou¢ and loris (figure 22). Figure 22.. Species specificposler dislribulion lo rangers ofsouih Yielnam. (d). Education Aiyareness In the release site wlth Ihe local Police. To continue our work io the con]munity. we need oot only PolirK perniission but Police support and understanding of our activities. We visited the Thanh Son Police to explain our WO and provide k¢y fobs (fig 23}, and
lriforn]ation on the importance of the rapid rescue of douc, in addition to EAST hat gifts (fig 24). All wcre well received. Figure 23.. Police &rchange Figure 24.. Douc L'ampaignfobs andgifts (e) Educatlon Awareness In the communlty l. Intervlews Interviews were carried out to be abl¢ to evaluate the level of local knowledg¢ on wildlife and the law existing in this newly protected forest, previously a logging concession (fi8 25). Results revealed little knowledge and a nervousness to talk. The laws on protection of primates are now strong and people are naturally nervou8 to break th¢ law or say the wrong thing. Figure 25.. Interviews in ihe community
ii. Education awareness in local coffee shops. Communal coffee shops were chosen for the distribution of 300 • posters (a) not eating primate m¢at (b) protecting all families and (c) do not damage your family by breaking the law. The posters tried to show that all families matter, the gibbon family and the human family. Hunting destroys families, the gibbons die and the hunter will go to jail, thus the ILuman family is also broken (fig 26). Figure 26. Posters distributed io coffee houses in the buffer zone near ihe gibbon release site 111. School Educatlon In the buffer zone of the releA8e slte. Four schools (elementary & higher) from Thanh Son district, close to the gibbon and douc release 8Ate were chosen to work with, with ov¢r 4000 student5. I, A 5-week school program was d¢veloped. During the Monday morning (30 min) assembly a school was visited for 5 consecutive weeks. FArstly* introducing our project, then each week, theatrically introducing a primate (gibbon, loris, douc, silvered langur and a stump tailed macaque). Papier maché heads were created and a family b¢d story for each primate, with the children needing to help the primate and understand their ecology for survival. Teachers at the school all embraced this fully. Each week we were joined by 2 forest rangers, who also joined in with great enthusiasm and spKialist knowledge (Fig 27). This work was in part funded by Sainte cro wildlif¢ park.
. c 40 Nhumg 5! Figure 27.. Morning assemblies, supporled by teachers and rangers. Prizes were given to sthdents who anNered questions.
Posters were distributed to each school covering the ecology of each of the primate groups. Inforniation books (500) were given to the participating children (fig 28). with knowledge, games and colouring in. Prizes of bespoke t-shirt, bags. and notebooks were distributed to children who answered questions. 4A Figure 28.. Books distributed 10 500parlicipating Jtudents containingfun games andprimale knowledge. Summary of Capaclty Bulldlng for Dao Tlen staff Ongoing primate care development by specialists from the UK VASlting. Specialist fabrication of enclosures supported by visits from specialists fmm the UK. Specialist education awareness by visiting student from the UK, focussing on education and school group engagement when visiting Dao Tien. Veterinary capacity building - a two-week trip to Taiwan for Dr Hoang to train with Wildone veterinary team, in addition to onsite training on Dao Tien when the Vet team visit (fig 29) Figure 29.. Specialist veterinary training in Taiwan and onsi¢e on Dao nen
Significant positive and negative factors that affeeted the achievement of objectives and how future affected The presence of confiict elephants and gaur in the release site have been challenging. Thi5 has limAted access in the release site, often not allowing access until post 7 am to ensure the elephants have gone to rcst (fig 30). During thAS last year in. nearby sites there have becn some human fatalities fatality from both gaur and elephants. The rangers have displayed deterniination and skill to continue to work in this zone. Please note. even without our project the rangers would naturally be prot¢ctin y this zon¢. Figure 30. Wild elephants in the release sile. The slgnljlcance ofany volunteers.. On Dao Tien we have one international intern and 8 Vietnamese volunteers. The Vietnamese volunteers have supported our work in the community. They carry out interviews and support our theatrlcal school engagement. Volunteers involved Cat Tien staff and local ethni¢ mAnority individ18 from the local community. All worked very well and created greater local community engagement. Summary offuturfrplans Includlng alms and objecllve aetivi¢lesplanned10 4chleve ihem Gibbon releas¢, pair or single An Single individual in La Nga fitted with satellite collar. Continuation of monitoring Ki72y family in La Nga and ranger engagement. Continuation of working with local Schools in the buffer zone at th¢ release site, developing the primate stories involvin8 the Dia. Thien and Nhan from Vietnamese tradition. Continued capacity building with rangers in the Rlease Site. Masters, scholarship for feeding of black-shaoked do. Carry out the Inv¢stl8ation into northern Victnam¢se and Bengal slowloris release SAte which was not achieved in the last year. Northern pygmy loris satellite release. Printing and distribution of easily assessable protocols (loris. gibbon & douc) distribut throughout South Vietnam. Black-shanked douc releas¢ of Peter and th¢ hand reared individuals into continuous forest. Discussion with the government on 8ibl)on exit strategies nationally and internationally. Investigation into silvered langur release site. Investigation of themial drone survey in the release site during the dry season, to assess gibbon and most importantly expanding douc populations. Investigation into pygmy loris abundance in the local community. Improved Dao Tien education area, for an inspiration plac¢ of healing and learning.
ENDANGERED ASIAN SPECIES TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENDANGERED ASIAN SPECIES TRUST I report to the Trustees on My examlnatbn of the fFnanclal statements of Endang8red Aslan Sp185 Trust (th8 charttable company) for the year ended 28 February 2025. R05ponslbllllle8 and basls of report As ih8 Trustees of the ¢harit8bl8 company (and also Its dlr8ctors for the purposos of company lawl, you 8re responslble for the preparation of th8 financl81 Slalemenls In accordance with the requirements of the Companle8 Act 2006. Having satlsfied m01f Ihal the financlal statements of the charitable company ar8 not r&qulred lo be audited under Part 16 of the Companies Act 2006 and ere ellglble for Independent examlnation, I report In respect of my ex8mlnation of the tharitable o)rnpany's financlal slatsmonts carrled out under Sectlon 145 of th8 Charities Act 2011. In carrylng out my 6xaminallon I have followed the Dlro¢tions glven by the Charfty Commission under section 145{5)Ib) of the CharfUes Act 2011. Independent examIne• ststement I hav& completed my examlnatlon. I conflrm that no matters have come lo my attenllon In connecllon wllh the examinatlon glvlng me Cause to bellev8 that In any malerfal respecL' accounting records were not kept In resp8¢t of lh9 charitable company as requlred by sectlon 386 11 th9 Companies Act 2006. the flnancial ststements do not accord wSlh those records., or the financlal glalgments do not comply wllh the accountlng requlr8menls of s8Ctlon 396 of the ComFanies Act 2006 other than any requlrement that the financial statsments glve a true and falr vlew. which Is ncrt a matter onshl&red as p8rt of an Independent examlnation: or tho financlal stalements have not been prepared In accordance wlth the methods and prlnclples of the Statement of Recommended Pracllcg for accountlng and reportin9 by charitieg applicable lo charit188 preparfng thelr financlal stslemgnts In accordance wlth the Flnanclal Reportlng Stsndard 8ppllcable in the UK and Republlc of Ireland IFRS 102}. I h8ve no concerns and have come across no other matter8 in Connectlon wlth th8 examlnation to whlch att9nllon should be drawn In Ihls report In order lo enable a proper understandlng of the flnanclal statements to be re8¢hed. Andrew Jay FCA FCCA Flander ETL Slag Gales House 63164 The Avenue Southampton Hampshlre S017 1XS Dale.. 19-
ENDANGERED ASIAN SPECIES TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2025 Unre•trlcted Re8trlcted fund• fund• 2025 2025 Total Unr•gtrl¢t•d R•gtrl¢t?d funds lund8 2024 2024 Totsl Nole• 2025 2024 Incom• from: Don811ons and legacles Charltsble acllvllles 143,407 35,742 143,407 35.742 137,433 44,292 34.877 172,310 44,292 Total Incom• 179,149 179,149 181,725 34,877 216,602 Exp•ndltur• on.. Charlleb18 actlvllle$ 178,e51 26,019 204,870 180.282 160,282 Total •xp•ndlturo 178,651 26,019 204,670 160,282 160,282 N•t Incomo1(•xp•ndltur•) And mov•ment In fund• 498 {2e,019) (25,521) 21,443 34,877 56.320 Roconclllatlon ol lund•: Fund balance$ at 1 March 2024 53.228 34,877 88,105 31,785 31.785 Fund balanM• al 28 F•bruary 2025 53,726 8,858 82.584 53,228 34.877 88,105 The 8lat8menl of ff n8n¢lal acllvltles Indudeg 911 galns and108808 recognl8ed In the year. All Income and expendlture d&rtv8 from conllnulng actlvllle8. The statement of flnanclal acllvltles also complle8 wlth the requlrementy for an Income and expendllurn account under the Companles Act 2006.
ENDANGERED ASIAN SPECIES TRUST BALANCE SHEET AS AT 28 FEBRUARY 2025 2025 Notes 2024 Flxod a8¥ets Intanglble 8SSfrt8 Tanglble ass818 10 11 2.900 25.155 9,498 28,055 9,498 Currenl 118•t# Stocks Debtor8 Ca8h at bank and In hand 12 13 51,205 4,329 12,826 45,227 6.741 31,370 Crndltorg: amount8 falllng due wlthln one y•ar 88,360 83,338 14 {33,831) (4,731) Nel current a015 34,529 78,607 Total li*•ts l••• curr•nt Ilablllll•• 62.584 88,105 Incomo fund• Re8lrlcted funds - general Unr8slrfcled fund8 16 8.858 53,728 34,877 53,228 62.584 88,105 The charllable company 0$ 8nlltlad to the 8xemptlon from tho oudlt requlrgmenl conlalned In 8ecllon 477 of th Compan188 Act 2006, for the year gnded 28 February 2025. No m8mber of the company has deposlled a notl¢e. pur8uant10 80Ctlon 476, requlrfng an 8udlt of these flnanclal 81alements. The Twste88 acknowledge Ihelr responslblllty for complylng wllh the requirements of the Companles Act 2006 wlth respect to accounllng records and the preparatlon of flnanclal statemen13. These flnanclal st8temenls have b8en prepared In 8c¢ordanc8 wlth the provlslons applicable to companies subject lo the mall ¢omp8nl88 reglme. eacc nlg erea 8-11-1 roved by the Trustees on ......................... ronln MBE Trustee Cornpany Regl$tratlon No. IM929906 21
ENDANGERED ASIAN SPECIES TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 A¢¢ountlng pollclos Company Informatlon Endangered Aslan Specles Trust is a charltable company Ilmiled by guarante& Incorporated In EnglgTrI and Wales. Th8 reglstered offlce Is Slag Gates House, 63164 Thg Avonue, Southampton. Hamp8hire. S017 1XS. 1.1 Accountlng conventlon The flnancial stalements have b89n prepared In accordanc6 wllh the charitable company's gov8rnlng documgnl. the Companles Act 2006, FRS 102 'The Flnanclal Reporting Standard appllcable In the UK and Republlc of Ireland. and the Charllleg SORP 'Accountlng and R8POrtlng by Ch8rllles.' Ststemont ol Recommended Practlce 8ppllcabl8 lo char+lies preparlng Ihelr accounly In accordance wlth the FSnBncLql Reportlng Standard appllcable In th8 UK and Republlc of Ireland {FRS 102).. The charltsble company Publlc Benèhl Entity 88 defined by FRS 102. The ch8rtlable company has taken advantage of the provlslons In the SORP for charltleg not Io PTrFere statement of cash flows. The flnanclal glalementg are prepared In slerllng, whlchlg the functlonal curr8n¢y ol Ihe ¢harltable company. Monotary amount8 In these financi8181alemenl8 are rounded to the nearest £. Th9 flnanclal 8t8t8monts have b8en prepafftd under th8 hlslorlcal cost conventlon. The prlnclpal accountlng poll¢le8 adopted are $8t out below. 1.2 Golng concern The charlly Is rellant upon the conllnugd 8UPPOrt of Its prfnclple benelactor. Monkey World Llmll&Y. Although there19 no contractual obllgatlon or commllmenl further fundg have been gdvancgd glnce the year 8nd that are adequate for th8 charltles current Tequlremenls. Thore 1$ no IndScallon that fundlng Is Ilkely lo be wllhdrawn. Thu$ the Trustee8 conllnue to adopt th8 golng concern basls of ac¢ounllng In prgpadng the flnan¢lal statsm8nt8. 1.3 Charlt•bl• fvnd• Unrestrlcled fund8 are avallable lor use at the dlscretlon of the Tru$lee8 In furtherance of thelr charltoble obJecllvg8. Restrlcted funds are subject to Speclflc condlllons by donor8 as to how they may be used. 1.4 Income Incomelg recognlsed when the charlt8ble company 1$ l&gally enlllled toll after 8ny performance condSllong have been met, the amounts can be measured rellably, 8nd11 is probable that Incomo wlll be recelved. Cash donallons are recognlsed on recelpt. Olh8r donallons ar8 recognlsed once the charllable Company ha8 been nollfled of thè donation, unléss perform8n¢e condltlons requlre deferr81 of the 8mount. Income t8X recoverable In relatlon to donatlons recelved under Glft Aid or d8eds of covenant Is recognlsed at the tim8 of the donallon. Legacles are r8¢ognlsed on recelpt or othèrwlsè If the charllable company has been notlfied of an Impendlng dlslrlbullon, the amount18 known, and recelpt 1$ expected. If the 8mount Is not known, the leg8cy Is Irealed a$ contingent 88seL Shop and tourlsm Income is measured al tho falr value of the conslderatlon received or recelvablo and represents amounts reeelvable for goods and servlces provlded In the normal course of bu51ness. n81 of dlscounls end other sale5 related taxes. -22-
ENDANGERED ASIAN SPECIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Accountlng pollcle• (Contlnued) 1.5 Expendlture Expenditure Is re¢ognlsgd when a Ilablllty Is Incurred. All expendllure Is accounted lor on an accrual$ b8818 and ha8 been classified under the hgadlng that ag9gateS all cos1$ related lo the category. Govemanc8 ¢OSt8 Include those costs Incurr8d In the governance of Ihe Company'8 a&86ts and are prlmarlly ossoclated wllh the conslltutional and statutory rgqulremenls. Irrecoverable VAT l¥ treated ag resourc exp9nded In the prlnclpal actlvlty that Sncurred the orlglnal VAT. 1.6 Intanglbla flxod a•••t• othor than goodwlll Intanglble asselg a¢qulred separalèly from a busln8$9 are rocognlsed al cost and aro $ub$equently mga$ur8d al cost l?88 accumulated amortlsallon and accumulaled Impalrmant108$eg. Amortl8adon Is recognl$ed 80 as to wrlle off the cost or valuallon of a88et81è$8 thelr r88ldu81 values over thèlr useful Ilv8s on the following base8.' Tradè mat*s Web811e cosla 25% 81r8lghl Ilne 25% 8tralght Ilne 1.7 T•nglbl• flx•d a•••t• Tanglble flxed assets are Inltlally m88sured et C081 and subs8quently measured at C08t or valuatlon, net ol depreclallon and any Impalment1098e8, Depwlatlon18 rncognlsed 80 as to wrlte off the cost or v8luallon of a8$ets1099 Ihelr resklual vglu88 over Ihelr useful Ilve8 on tho followlng ba8e8.' Land and bulldlnuj Plant and mgchlnery Flxlures, Ilttlng8 & equlpment 10% stralght Ilne 250A 81ralght Ilne 25% 8traSght Iln8 The galn or 1088 arlglng on the dlsposal of an as891 Is delemlned 85 the dlfference befvéeen the sale proceeds and the carryln9 value of the a58el, and Is r9cognlsed In the $l818m8nl of flnanclal Bctlvltles. 1.8 Impalmi•nt of flx•d a$s•t3 Al each reportlng end date, the chartlable comp8ny revlew¥ the carrylng amounts of 115 tsnglble and Intanglble assets lo determlne wheth9r there Is any Indlca15on that those assets have suffered an lrnpalment 1088. If any such Indlcallon exlsls, the recoverable amount the asset Is e5tlm8led In ordgr to determlne the extent of the Imp8lrmenl loss {Sf any). 1.9 Stocks Stocks ar8 slated at the lower of c09t and esllmaled selling pdce less cost$ to complete and sell. Cost compr19&8 dlred material$ and. Whe appllcable, dlrect labour costs and those overhead8 that have been Inrred In brlnglng Ihe Stocks to thelr present locatlon and condlllon. Cost Is calculated by use of the FIFO method. 1.10 Cash and cash oqulvalents Cash and cash equlvalent5 Include cash in hand. deposits held at call with banks, other short-lem Itquld Invgslm8nls with origlnal maturllles of three months or less, and bank overdrafts. Bank overdrafts are Shown wlthln borrowings In current Ilabilllies, -23-
ENDANGERED ASIAN SPECIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2025 AoUntIng pollclos Icontlnued) 1.11 Flnanclal Instruments The Charitable company has elected lo apply the provisions of SectK)n 11 '8asic Flnanclal Instrumgnts. arKI Sectlon 12 '0ther Flnanci81 Instruments Issu8s' of FRS 102 to all of its finan¢lal Instruments. Flnancl81 Instruments are recognlsed In the charftable companys balanc8 sh88t when thg charltable company becomes paty lo the contractual provlsions of the Instrument. Flnanclal 888ets and Ilablllties are offs8t. wtlh the net amounts presented In the financlal statemen18, when there 1$ a legally enlorceable rfght to set off the recognised amounts and there18 an intentk)n to 88ttle on net bas18 or to reallse the asset and setuo the118bllty simultaneously. Ba•lc flnanclal a•••t• Baslc Iln8nclal assets, whlch Include debtor8 and ¢a8h and bank balanc08, are Inltlally m885ured 81 trans8Ctlon prlcè Including Irang8Ctlon costs and aro 8ubsequenUy carf&d at amortSsed co81 u8lng the effectlve Interest method unl8s8 the 8frangement con8tltut88 a Ilnancing transaction, where the Ir8n8acllon18 measured at the pTrsent value ol the luluro recèlpts di8counted at a market r81e of interest, Fin8nci818sset# classlfled 08 r8cglvable wilhln ono year are not amortlged. Ba•l¢ flnanclal Ilabllltlo• Baslc flnancial liablllties, in¢ludlng credllors and bank loan8 8re Initialty recognl8ed at tran88Ctlon pdce unles8 the arrangement ¢onstilules a finan¢ln9 transactlon. wher8 the debt instrument 6$ Measured at the prnsent value of the future payments d{Snted al a market rate of interesl. Financlal IlabltieS classthed a8 Payable wllhln one year are not amortl88d. Debt Ingtruments are subsequently carrled al am¢)rt189d cost. uslng th8 effecllve Inter881 rate method. Trade cr8drtor8 are obllgatlon8 to pay for goods or $8Nlces that have been acqulred In the ordlnary course ol operations from suppliers. Amounts payable are d88slfled as curront Ilabllit18s if payment Is du8 wlthln ong year or le8s. If not. they are PSented as non<urr8nl Ilabllllles. Trade eredilors are rpcognlged Inltlally al Iransacllon prlce and subsequenuy mea$ured at affthi8ed ¢osl uslng tho effective Inler88t method. D•rocognltlon ol flnanclal Ilabllltl•• Fln8nclal IlabllleS 8re derecognlsgd when the c*arft8ble company'8 contractual obllgatfon8 explre or are dSgcharged or cancelled. 1.12 Employ00 n•fil• The cost of any unu8ed holklay entlllement Is r8cognlsed In the peflod In whlch the employee'8 8ervlce8 4r8 fec8ived. Temln8llon beneffts 8re recognlsed Immediately as an expense when the ch8rll8ble c¢mpany 18 demonstrably committed lo teminale the emph)ymenl of an empbyee or to provide temination benefit8. 1.13 Rotlr•ment beneffts The charlly operates a defFned conlributl¢)n pension scheme. Payments to defined conlributlon retirement benefit schernes ere charged as an expense as they fall due. 1.14 For•lgn •xchang• Transactions In curronde8 other than pounds stertlng are recorded at th• rates of exchango prevailing al th8 dates of the Iransactions. At each reporung end date. monetary assets and liabili1Ses that are d9nominated in for9ign currencies are retran$lated at the rates prevailing on the r8POrtlng end date. Gains and Ioss8s arising on translation are inctuded In net incomel(exp&nditure for the period). -24-
ENDANGERED ASIAN SPECIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Donatlons andlogaclos 2025 2024 Don8llons Legacl89 receivable Adopttons 135,757 8,503 1,147 136.988 35,322 143,407 172,310 DonaOnI arKI legacl89 In tho current and prlor yèar are all unr08tr1¢ted. Incom• from charltabl• actlvltlo• Tourl8m Ineomo 2025 Shop Income 2025 Tot•1 Total 2025 2024 Sale8 wlthln charltable 8Ctlvltle8 4.932 30.810 35,742 44.292 Charltablo tradlng In¢om• Income Irom charlt8ble actlvltle8 In the currenl and prlor year are all unr88trlcted. -25-
ENDANGERED ASIAN SPECIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Expendlture on charttablo actlvltle• Charltablg Govornan¢o Expendlture Co81• 2025 2025 Total Charltablo Gov•rnan¢o Exp•ndlture Cost8 2024 2024 Tot•1 2023 2024 Dlrect ¢08ts Staff costs Dopreciallon and Imp8irment Travel & sub8lstènce Clothlng & unlform Adv8rtlslng Postage & ststlonery Te18phon8 Insurance Charlty shop Tralnlng course8 Llghl & heal Cleanlng Equlpmenl expenseg Repalrs Anlm81 cos1$ Anlrnal food Carrlage Educallon81 costs Exchange & flnance charges Legal fe88 Fundr8lslng 89,029 89,029 88,325 88,325 3,555 36,954 2,984 4.375 277 850 587 14,879 3,555 36.954 2,984 4.375 277 850 587 14,879 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 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 3,094 413 8,466 9.398 4,413 8,920 3,094 413 6.488 9,398 4,413 8,920 58 10.870 10,670 4,342 4.342 2,869 1.484 49 2,869 1,484 2.112 13491 2,112 {349) 201,120 201.120 156,558 156.558 Grant lundlng of actlvltle8 674 674 Shar• of Support •nd gov•manc• eo•ts Govornance 3,550 3.550 3.050 3.050 201.120 3,550 204,870 157,232 3,050 160,282 Analy•lg by lund Unrestricted funds Reslrlcled funds 175,101 26,019 3,550 178,651 26,019 157,232 3,050 160,282 201,120 3,550 204.eTO 157,232 3,050 160,282 -26-
ENDANGERED ASIAN SPECIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Not movement In funds 2025 2024 The nel movem6nt In fundsls stated after charglngl{crgdlling)'. Fees payable for the Independ8nl examlnation of th8 charlly's financlal statements Depr8clatlon of owned langlble fixod 888ets Amortisatlon of In18ngible 8ssets 3,550 3.218 337 2,880 Gov•rnanrA ¢o•ts 2025 2024 Indep8ndenl Examlnallon of annual accounts 3,550 3,050 Tru•t••• None of th8 Trustees (or any person8 connected wlth Ih8m) recelved any remuneratlon or benefits fnm the charitable company during the current or prlor year. Ther8 were no expenses relmbursed lo Trustees In ellher year. Employms Th8 average monthly number of employeeg durlng the year w88.. 2025 Number 2024 Number Management Local Vletnamese staff 15 11 Total 18 14 employm•nt costs 2025 2024 Wages and sa18rl88 Soclal securlty costs Other penslon cos18 84,880 3,299 850 83,695 3.780 850 89,029 88,325 There were no employees whos8 annual remunerallon wa$ more than £60,000. Taxatlon Thè charlty Is exempt from laxatlon on Its activltles becauso all Ils Income Is applled for charitable purpose5. -27-
ENDANGERED ASIAN SPECIES TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 10 Inlanglblo fix•d assets Tr•d• ma W•b•lt• w¥t• Totsi Cost At 1 March 2024 Add6tlons- 88paratety acquired Di$po8al¥ 4,113 3.237 (4.113) 847 4.960 3,237 14.113} Al 28 February 2025 3,237 4,084 Amortlsatlon and Impalrni•nt Al 1 March 2024 Amortl8atlon carged for the y88r D18posa18 4.113 337 (4,113) 4,960 337 (4,113> At 28 February 2025 337 1.184 Carrylng amount At 28 February 2025 2,900 2,900 At 29 FebNary 2024 11 Tanglbl• flxod a••ot• L•nd •nd bulldlng• Pl•nt •nd mKhln•ry Flxtur••. lttllnq• & •qulpm•nl Tot•1 Co8t Al 1 March 2024 Addlllons Dposal$ 231.954 15.414 58,455 2,594 (622) 290,409 18,875 (622) 887 At 28 February 2025 247,368 60.427 308,662 D•pr•clatlon •nd Imp•lrni•nt Al 1 March 2024 Depreciation charged In the year Ellminated In respect of dlsposals At 28 February 2025 222,456 2,753 58,455 393 (6221 280,911 3.218 (622) 72 225.209 58,226 72 283.507 Carrylng amount At 28 Febnjary 2025 22,159 2.201 795 25,155 At 29 February 2024 9.498 9,498 -28-