REGISTERED COMPANY NUMBER: 05941388 (England and Wales) REGISTERED CHARITY NUMBER: 1116947 REGISTERED SCOTTISH CHARITY NUMBER: SC039959
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
FOR
THE RED SQUIRREL SURVIVAL TRUST LIMITED
Martin and Company 25 St Thomas Street Winchester Hampshire SO23 9HJ
THE RED SQUIRREL SURVIVAL TRUST LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 15 |
| Detailed Statement of Financial Activities | 16 to 17 |
THE RED SQUIRREL SURVIVAL TRUST LIMITED REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 SEPTEMBER 2021
| PATRON | HRH The Prince of Wales |
|---|---|
| TRUSTEES | The Earl of Kinnoull |
| The Hon George Lopes | |
| Giles Mounsey-Heysham | |
| Sir Bertie Ross KCVO | |
| David Bliss | |
| Leonie Schroder | |
| Simon Pring | |
| Stephen Trotter | |
| Venetia Leng (appointed 2.7.21) | |
| REGISTERED OFFICE | 10 Norwich Street |
| London | |
| EC4A 1BD | |
| REGISTERED COMPANY | 05941388 (England and Wales) |
| NUMBER | |
| REGISTERED CHARITY | 1116947 |
| NUMBER | |
| INDEPENDENT EXAMINER | Martin and Company |
| 25 St Thomas Street | |
| Winchester | |
| Hampshire | |
| SO23 9HJ |
Page 1
THE RED SQUIRREL SURVIVAL TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Red Squirrel Survival Trust (RSST) is a national charity established to ensure the conservation and protection of the red squirrel in the United Kingdom. The principal activity of the charity is the provision of grants and support to partner organizations that carry out work in line with our core objectives.
The charity has six core objectives that drive its programme of work:
-
Raise awareness of the plight of red squirrels
-
Protect red squirrels by keeping red and grey squirrels apart
-
Fund research on how to secure the long-term future of the red squirrel in the UK
-
Encourage successful populations of red squirrels
-
Reintroduce red squirrels within the UK where conditions are right
-
Secure the red squirrel's natural environment by ensuring our woodlands are healthy
Public benefit
In setting its programme each year RSST has regard to the Charity Commission's revised general guidance on public benefit. The long-term aim for the public benefit is the restoration of the red squirrel to its natural habitat throughout the United Kingdom.
Grantmaking
To ensure that the charity maintains a robust and transparent approach to grant making and partner support, RSST operates a standardised grant application system. A Grants Committee comprising two trustees and a conservation adviser processes grant applications on behalf of the board of trustees.
Page 2
THE RED SQUIRREL SURVIVAL TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2021
ACHIEVEMENT AND PERFORMANCE
RSST has continued to pursue its objectives and principal activities at a national level, working with government and agencies to promote red squirrel conservation and the critical associated issues of grey squirrel and woodland management at a strategic level, to the benefit of those red squirrel conservation organisations working regionally in the constituent parts of the United Kingdom.
The principal focus in 2021 has again been RSST's leading role in supporting the work of the UK Squirrel Accord, the coalition of 41 national signatory organisations including the Government, devolved national governments and the major voluntary and private sector bodies active in all aspects of squirrel and squirrel habitat conservation. RSST continues to provide the Chairman, Secretary, and an additional member of the Accord's governing committee, while the part-time Accord Director is a conservationist with a national charity background, funded largely by the Forestry Commission and and subordinated to RSST for the purposes of line management and administration. The Covid-19 pandemic had a relatively limited impact on RSST's work, as the charity's registered office is not used as a workplace and remote collaborative working was already an established practice.
A significant fruit of RSST's broad, collaborative, and all-inclusive approach is the five-year programme of research into fertility control of the grey squirrel population at Defra's National Wildlife Management Centre (NWMC) laboratories at the Animal and Plant Health Agency (APHA), now in its fourth year having successfully met its objectives thus far. There is a close correlation between the distribution means being pioneered by this research and distribution of a successful squirrel pox vaccine to the red population when this becomes available. Meanwhile a safe, effective, commercially available, and affordable means of fertility control offers a non-lethal supplement to shooting and trapping greys in those areas where overpopulation is causing displacement into already threatened red habitats as well as devastation of native woodland, which will have disastrous consequences for biodiversity unless checked. A grant of £120,000 was made to APHA in the period from money set aside for this purpose. RSST is taking the leading part in the UK Squirrel Accord's fundraising campaign to raise £1 million over 5 years.
Grants totalling £176,302 were made in the year: this is a lower figure than in 2020 as a result of the timing of grants to APHA, caused by the extension of Year 3 of their research programme, referred to in last year's report and brought about by Covid. RSST has continued to expand its work with volunteer groups and in public information, initiating a revived Volunteer of the Year award, and a photography competition (in collaboration with the Royal Photographic Society) to promote good practice in wildlife photography. Most notable has been the work of RSST's Ambassador, the wildlife photographer and film maker Dani Connor, whose work has achieved wide circulation through social media and online. In 2022 we will continue our work with the UK Squirrel Accord while developing our educational mission and our support to red squirrel volunteer groups
FINANCIAL REVIEW
Financial position
At 30th September 2021 the charity had funds of £618,766 of which £588,653 were restricted in nature.
Reserves policy
Unrestricted funds are retained to meet the following:
-
four months' operating costs
-
firm commitments to specific projects or partnerships
-
working capital requirements
This policy is to be reviewed annually.
FUTURE PLANS
We shall:
-
Continue our work with the United Kingdom Squirrel Accord, especially in the field of fundraising for the important and exciting research at APHA.
-
Continue to work with volunteer groups to improve awareness of red squirrel conservation activity across the UK and to provide readily accessible information to the wider public.
Page 3
THE RED SQUIRREL SURVIVAL TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The RSST is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 22nd June 2009 as listed on the Companies House Register. It is also registered as a charity with the Charity Commission of England and Wales and with the Office of the Scottish Charity Regulator.
Registered charity number: 1116947 (England and Wales) Registered charity number: SC039959 (Scotland)
Recruitment and appointment of new trustees
The appointment of trustees is governed by the Memorandum and Articles of Association. Details of changes to the trustees during the year can be seen on the legal and administrative information (page 1).
Organisational structure
The board of trustees administers the charity. It meets every six months and more frequently if required. The trustees are also directors of The RSST for the purpose of company law. The appointment of trustees is governed by the Memorandum and Articles of Association.
Induction and training of new trustees
Newly joining trustees are inducted by existing trustees. All new trustees are provided with governance information outlining their responsibilities and duties as a trustee.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees have a risk management strategy that comprises:
-
regular reviews by the trustees of the risks the charity may face
-
the implementation of systems and procedures to mitigate identified risks
The key risk areas and the systems and procedures that are in place to mitigate these risks are reviewed periodically.
To ensure that the charity maintains a robust and transparent approach to grant making and partner support, the charity operates a standardised grant application system. A Grants/Project Committee comprising two trustees and a conservation adviser process grant applications on behalf of the Board of Trustees.
Approved by order of the board of trustees on 3[rd] May 2022 and signed on its behalf by:
The Earl of Kinnoull - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE RED SQUIRREL SURVIVAL TRUST LIMITED
Independent examiner's report to the trustees of The Red Squirrel Survival Trust Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Lucy Dixon FCA Martin and Company 25 St Thomas Street Winchester Hampshire SO23 9HJ
9[th] May 2022
Page 5
THE RED SQUIRREL SURVIVAL TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 79,403 Other trading activities 4 212 Investment income 5 - Total 79,615 EXPENDITURE ON Raising funds 31,338 Charitable activities 6 Red Squirrel Survival 65,280 Total 96,618 NET INCOME/(EXPENDITURE) (17,003) RECONCILIATION OF FUNDS Total funds brought forward 47,116 TOTAL FUNDS CARRIED FORWARD 30,113 |
Restricted funds £ 363,243 - - 363,243 556 159,833 160,389 202,854 385,799 588,653 |
30.9.21 Total funds £ 442,646 212 - 442,858 31,894 225,113 257,007 185,851 432,915 618,766 |
30.9.20 Total funds £ 215,130 92 449 215,671 25,262 267,263 292,525 (76,854) 509,769 432,915 |
|---|---|---|---|
The notes form part of these financial statements
Page 6
THE RED SQUIRREL SURVIVAL TRUST LIMITED
BALANCE SHEET 30 SEPTEMBER 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 11 7,053 CURRENT ASSETS Cash at bank 28,149 CREDITORS Amounts falling due within one year 12 (5,089) NET CURRENT ASSETS 23,060 TOTAL ASSETS LESS CURRENT LIABILITIES 30,113 NET ASSETS 30,113 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - 590,208 (1,555) 588,653 588,653 588,653 |
30.9.21 Total funds £ 7,053 618,357 (6,644) 611,713 618,766 618,766 30,113 588,653 618,766 |
30.9.20 Total funds £ 8,330 432,942 (8,357) 424,585 432,915 432,915 47,116 385,799 432,915 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 3[rd] May 2022 and were signed on its behalf by:
The Earl of Kinnoull - Trustee
The notes form part of these financial statements
Page 7
THE RED SQUIRREL SURVIVAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
1. STATUTORY INFORMATION
The Red Squirrel Survival trust is a charity registered in England and Wales and also Scotland. The charity's registered number and registered address can be found in the Trustees' Report.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Awards and trophies have been capitalised in the accounts at market value at the time they were donated. The current value of the awards and trophies is equal to, or in excess of, the amount at which they were capitalised and no provision for depreciation has therefore been made.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 8
THE RED SQUIRREL SURVIVAL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2021
3. DONATIONS AND LEGACIES
| Donations Gift aid Grants 4. OTHER TRADING ACTIVITIES Sale of merchandise 5. INVESTMENT INCOME Interest 6. CHARITABLE ACTIVITIES COSTS Red Squirrel Survival 7. GRANTS PAYABLE Red Squirrel Survival The total grants paid to institutions during the year was as follows: UK Squirrel Accord Cornwall Red Squirrel Project Animal and Plant Health Agency Red Squirrel Northern England Red Squirrels Forum for South Scotland Red Squirrels South West (Dorset) |
Grant funding of activities (see note 7) £ 176,302 |
30.9.21 £ 368,600 17,046 57,000 442,646 30.9.21 £ 212 30.9.21 £ - Support costs (see note 8) £ 48,811 30.9.21 £ 176,302 30.9.21 £ 50,664 - 120,000 4,000 - - **174,664 ** |
30.9.20 £ 211,919 3,211 - 215,130 30.9.20 £ 92 30.9.20 £ 449 Totals £ 225,113 30.9.20 £ 256,305 30.9.20 £ 50,840 845 190,000 - 14,120 500 256,305 |
|---|---|---|---|
continued...
Page 9
THE RED SQUIRREL SURVIVAL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2021
7. GRANTS PAYABLE - continued
| The total grants paid to individuals during the year was as follows: Dr Craig Shuttleworth 8. SUPPORT COSTS Management £ Red Squirrel Survival 46,690 Support costs, included in the above, are as follows: Management Insurance Office costs Secretarial services Bookkeeping Administrative support IT & website expenses Volunteer administration Depreciation of tangible and heritage assets Finance Bank charges |
30.9.21 30.9.20 £ £ 1,638 - Governance Finance costs Totals £ £ £ 321 1,800 48,811 30.9.21 30.9.20 Red Squirrel Total Survival activities £ £ 366 359 986 1,280 5,000 5,000 2,718 2,302 9,838 - 7,932 - 18,573 - 1,277 - 46,690 8,941 30.9.21 30.9.20 Red Squirrel Total Survival activities £ £ 321 217 |
|---|---|
continued...
Page 10
THE RED SQUIRREL SURVIVAL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2021
8. SUPPORT COSTS - continued Governance costs
| SUPPORT COSTS - continued Governance costs |
||
|---|---|---|
| 30.9.21 | 30.9.20 | |
| Red | ||
| Squirrel | Total | |
| Survival | activities | |
| £ | £ | |
| Independent examiner's fees | 1,800 | 1,800 |
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 30.9.21 | 30.9.20 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 1,277 | - |
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2021 nor for the year ended 30 September 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020.
11. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| Awards & | Computer | ||
| trophies | equipment | Totals | |
| £ | £ | £ | |
| COST | |||
| At 1 October 2020 and 30 September 2021 | 4,500 | 3,830 | 8,330 |
| DEPRECIATION | |||
| Charge for year | - | 1,277 | 1,277 |
| NET BOOK VALUE | |||
| At 30 September 2021 | 4,500 | 2,553 | 7,053 |
| At 30 September 2020 | 4,500 | 3,830 | 8,330 |
continued...
Page 11
THE RED SQUIRREL SURVIVAL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2021
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 30.9.21 | 30.9.20 | |
|---|---|---|
| £ | £ | |
| Other creditors | 1,250 | 1,250 |
| Accrued expenses | **5,394 ** | 7,107 |
| 6,644 | 8,357 |
13. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Unrestricted funds General fund Restricted funds Core costs fund Red Squirrels South West (Dorset) RSNE (incl. Merseyside & Cumbria) Red Squirrels Trust Wales (formerly Anglesey fund) Cornwall Red Squirrel Project Isle of Wight fund Saving Scotland's Red Squirrels Red Squirrels in South Scotland Website fund Scientific research fund Scottish One Community Group Argyll-based group UK Squirrel Accord TOTAL FUNDS |
At 1.10.20 £ 47,116 2 1,199 7,696 3,193 506 114 3,583 324 974 56,825 2,200 1,000 308,183 385,799 432,915 |
Net movement in funds £ (17,003) - - 378 - 904 - 360 329 - - - - 200,883 202,854 **185,851 ** |
At 30.9.21 £ 30,113 2 1,199 8,074 3,193 1,410 114 3,943 653 974 56,825 2,200 1,000 509,066 |
| 588,653 | |||
| 618,766 |
continued...
Page 12
THE RED SQUIRREL SURVIVAL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2021
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds RSNE (incl. Merseyside & Cumbria) Cornwall Red Squirrel Project Saving Scotland's Red Squirrels Red Squirrels in South Scotland UK Squirrel Accord TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Core costs fund Red Squirrels South West (Dorset) RSNE (incl. Merseyside & Cumbria) Red Squirrels Trust Wales (formerly Anglesey fund) Cornwall Red Squirrel Project Isle of Wight fund Saving Scotland's Red Squirrels Red Squirrels in South Scotland Website fund Scientific research fund Scottish One Community Group Scottish Borders Argyll-based group UK Squirrel Accord TOTAL FUNDS |
Incoming resources £ 79,615 378 904 360 329 361,272 363,243 442,858 At 1.10.19 £ 37,527 2 1,199 7,318 3,193 506 114 3,223 11,920 974 56,825 2,200 2,200 1,000 381,568 472,242 509,769 |
Resources Movement expended in funds £ £ (96,618) (17,003) - 378 - 904 - 360 - 329 (160,389) 200,883 (160,389) 202,854 (257,007) 185,851 Net movement At in funds 30.9.20 £ £ 9,589 47,116 - 2 - 1,199 378 7,696 - 3,193 - 506 - 114 360 3,583 (11,596) 324 - 974 - 56,825 - 2,200 (2,200) - - 1,000 (73,385) 308,183 (86,443) 385,799 (76,854) 432,915 |
|---|---|---|
continued...
Page 13
THE RED SQUIRREL SURVIVAL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2021
13. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds RSNE (incl. Merseyside & Cumbria) Cornwall Red Squirrel Project Saving Scotland's Red Squirrels Red Squirrels in South Scotland Scottish Borders UK Squirrel Accord TOTAL FUNDS |
Incoming resources £ 56,717 378 845 360 324 - 157,047 158,954 215,671 |
Resources Movement expended in funds £ £ (47,128) 9,589 - 378 (845) - - 360 (11,920) (11,596) (2,200) (2,200) (230,432) (73,385) (245,397) (86,443) (292,525) (76,854) |
|---|---|---|
14. RELATED PARTY DISCLOSURES
Donations amounting to £50,664 (2020: £50,840) were made to the UK Squirrel Accord project in the year. The Earl of Kinnoull and Sir Bertie Ross (trustees) are both members of the UK Squirrel Accord.
15. RESTRICTED FUNDS
The following funds are held as restricted funds in these financial statements:
Red Squirrel South West (Dorset)
Funding for support for the Red Squirrel South West group, who are considering options for red squirrel reintroductions in Dorset.
Red Squirrel Northern England (including Merseyside & Cumbria)
Funding for the costs associated with RSST's line management of the Project Manager, research and development of the project and marketing of RSNE.
Red Squirrels Trust Wales (formerly Anglesey fund)
Funding for support for local red squirrel conservation group support on Anglesey.
Cornwall Red Squirrel Project
Funding for support for local red squirrel conservation group support in Cornwall.
Isle of Wight Fund
Funding for support for local red squirrel conservation group support on the Isle of Wight.
Saving Scotland's Red Squirrels
Funding for the support of Saving Scotland's Red Squirrels who operate throughout Scotland.
Red Squirrels in South Scotland
Funding for support of establishing a grey squirrel free zone along the border between England and Scotland in order to protect Scotland's red population.
Website Fund
Funding for the new website.
Scientific Research Fund Funding to support scientific work, including the development of a vaccine for squirrel pox virus. Scottish One Community
Funding to support setting up a community group in Scotland. Scottish Borders
continued...
Page 14
THE RED SQUIRREL SURVIVAL TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2021
15. RESTRICTED FUNDS - continued
Funding to support groups in the Scottish Borders. Argyll-based group Funding to support Argyll-based group.
UK Squirrel Accord Fund
Funding for the fertility control research project conducted by Animal and Plant Health Agency and for the post of Accord Director.
Page 15
THE RED SQUIRREL SURVIVAL TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2021
| 30.9.21 | 30.9.20 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies | ||||
| Donations | 62,475 | 306,125 | 368,600 | 211,919 |
| Gift aid | 16,928 | 118 | 17,046 | 3,211 |
| Grants | - | 57,000 | 57,000 | - |
| 79,403 | 363,243 | 442,646 | 215,130 | |
| Other trading activities | ||||
| Sale of merchandise | 212 | - | 212 | 92 |
| Investment income | ||||
| Interest | - | - | - | 449 |
| Total incoming resources | 79,615 | 363,243 | 442,858 | 215,671 |
| EXPENDITURE | ||||
| Raising donations and legacies | ||||
| Fundraiser fees | 15,000 | - | 15,000 | 12,750 |
| Public awareness officer fees | 2,188 | - | 2,188 | 6,000 |
| Fundraising costs | 347 | - | 347 | 482 |
| Just giving fees | 216 | - | 216 | 216 |
| Donorfy fees | 1,858 | - | 1,858 | 774 |
| Marketing and PR | 10,800 | 556 | 11,356 | 5,040 |
| 30,409 | 556 | 30,965 | 25,262 | |
| Other trading activities | ||||
| Purchases | 929 | - | 929 | - |
| Charitable activities | ||||
| Grants to institutions | 14,953 | 159,711 | 174,664 | 256,305 |
| Grants to individuals | 1,638 | - | 1,638 | - |
| 16,591 | 159,711 | 176,302 | 256,305 | |
| Support costs | ||||
| Management | ||||
| Insurance | 366 | - | 366 | 359 |
| Office costs | 986 | - | 986 | 1,280 |
| Secretarial services | 5,000 | - | 5,000 | 5,000 |
| Carried forward | 6,352 | - | 6,352 | 6,639 |
This page does not form part of the statutory financial statements
Page 16
THE RED SQUIRREL SURVIVAL TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2021
| 30.9.21 | 30.9.20 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Management | ||||
| Brought forward | 6,352 | - | 6,352 | 6,639 |
| Bookkeeping | 2,718 | - | 2,718 | 2,302 |
| Administrative support | 9,838 | - | 9,838 | - |
| IT & website expenses | 7,932 | - | 7,932 | - |
| Volunteer administration | 18,573 | - | 18,573 | - |
| Computer equipment | 1,277 | - | 1,277 | - |
| 46,690 | - | 46,690 | 8,941 | |
| Finance | ||||
| Bank charges | 199 | 122 | 321 | 217 |
| Governance costs | ||||
| Independent examiner's fees | 1,800 | - | 1,800 | 1,800 |
| Total resources expended | 96,618 | 160,389 | **257,007 ** | 292,525 |
| Net (expenditure)/income | **(17,003) ** | **202,854 ** | **185,851 ** | (76,854) |
This page does not form part of the statutory financial statements
Page 17