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← Red Squirrel Survival Trust

2023-09-30-accounts

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 30TH SEPTEMBER 2023

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 30TH SEPTEMBER 2023

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 30TH SEPTEMBER 2023

PATRON HM The King
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
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 30TH SEPTEMBER 2023

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 30th September 2023. 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:

  1. Raise awareness of the plight of red squirrels

  2. Protect red squirrels by keeping red and grey squirrels apart

  3. Fund research on how to secure the long-term future of the red squirrel in the UK

  4. Encourage successful populations of red squirrels

  5. Reintroduce red squirrels within the UK where conditions are right

  6. 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 three trustees 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 30TH SEPTEMBER 2023

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 2023 has again been RSST's leading role in supporting the work of the UK Squirrel Accord, the coalition of 45 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 subordinated to RSST for the purposes of line management and administration.

A significant fruit of RSST's broad, collaborative, and all-inclusive approach is the 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), which has successfully met its objectives thus far. A safe, effective, commercially available, and affordable means of fertility control will offer 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 across the British Isles unless checked. Grants totalling £102,500 were made to APHA in the period from money set aside for this purpose. RSST has taken the leading part in the UK Squirrel Accord's successful fundraising campaign to raise £1 million in support of the research programme.

In all, grants totalling £173,399 were made in the year. While this figure appears lower than the £276,910 reported in the previous year, this reflects the timing of the scheduled research grants, masking the level of other grant making which has remained constant.

RSST has continued to expand its work with volunteer groups and in public information, including the revived Volunteer of the Year award, and a photography competition (in collaboration with the Royal Photographic Society) to promote good practice in wildlife photography. Special mention must be made of the Eastern Lowlands Red Squirrel Group in Scotland, established by RSST through the generosity of a local funder, which has led a revival of volunteer engagement in the area and a degree of cross-border consultation with volunteers in the north of England.

Notable impact has been achieved by the work of RSST's Ambassadors, the wildlife photographer and film maker Dani Connor, whose work has achieved wide circulation through social media and online, and the gardener, author and broadcaster Alan Titchmarsh. In 2024 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 2023 the charity had funds of £626,362 of which £540,572 were restricted in nature.

Reserves policy

Unrestricted funds are retained to meet the following:

This policy is to be reviewed annually.

Page 3

THE RED SQUIRREL SURVIVAL TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FUTURE PLANS

We shall:

  1. Continue our work with the United Kingdom Squirrel Accord, especially in the field of fundraising for the important and exciting research at APHA.

  2. 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.

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:

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 19th April 2024 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 30th September 2023.

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

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. 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

  3. 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

Date: 21[st] May 2024

Page 5

THE RED SQUIRREL SURVIVAL TRUST LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
75,296
Other trading activities
4
2,548
Investment income
5
2,588
Total
80,432
EXPENDITURE ON
Raising funds
41,017
Charitable activities
6
Red Squirrel Survival
64,566
Total
105,583
NET INCOME/(EXPENDITURE)
(25,151)
RECONCILIATION OF FUNDS
Total funds brought forward
110,941
TOTAL FUNDS CARRIED FORWARD
85,790		 Restricted
funds
£
157,950
-
-
157,950
-
200,566
200,566
(42,616)
583,188
**540,572 **		 2023
Total
funds
£
233,246
2,548
2,588
238,382
41,017
265,132
306,149
(67,767)
694,129
**626,362 **		 2022
Total
funds
£
434,039
303
-
434,342
35,177
323,802
358,979
75,363
618,766
694,129

The notes form part of these financial statements

Page 6

THE RED SQUIRREL SURVIVAL TRUST LIMITED

BALANCE SHEET 30TH SEPTEMBER 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
13
4,500
CURRENT ASSETS
Cash at bank
88,833
CREDITORS
Amounts falling due within one year
14
(7,543)
NET CURRENT ASSETS
81,290
TOTAL ASSETS LESS CURRENT
LIABILITIES
85,790
NET ASSETS
85,790
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
542,128
(1,556)
540,572
540,572
**540,572 **		 2023
Total
funds
£
4,500
630,961
(9,099)
621,862
626,362
626,362
85,790
540,572
**626,362 **		 2022
Total
funds
£
5,777
696,648
(8,296)
688,352
694,129
694,129
110,941
583,188
694,129

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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 19th April 2024 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 30TH SEPTEMBER 2023

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 30TH SEPTEMBER 2023

3. DONATIONS AND LEGACIES

Gifts
Donations
Gift aid
Legacies
Grants
4.
OTHER TRADING ACTIVITIES
Sale of merchandise
5.
INVESTMENT INCOME
Deposit account interest
6.
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
£
Red Squirrel Survival
38,696
7.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Consultancy fees
Eastern Lowlands direct costs		 Grant
funding of
activities
(see note
8)
£
173,399		 2023
£
(2,548)
122,224
2,795
-
110,775
233,246
2023
£
2,548
2023
£
2,588
Support
costs (see
note 9)
£
53,037
2023
£
21,938
16,758
38,696		 2022
£
-
195,387
10,638
40,014
188,000		 2022
£
-
195,387
10,638
40,014
188,000
434,039
2022
£
303
2022
£
-
Totals
£
**265,132 **
2022
£
-
-
-

continued...

Page 9

THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

8. GRANTS PAYABLE

Red Squirrel Survival
The total grants paid to institutions during the year was as follows:
UK Squirrel Accord
Animal and Plant Health Agency
Red Squirrels South West (Dorset)		 2023
£
173,399
2023
£
70,203
102,500
696
173,399		 2022
£
276,910
2022
£
53,000
222,500
1,410
276,910

9. SUPPORT COSTS

Management
£
Red Squirrel Survival
50,923
Support costs, included in the above, are as follows:
Management
Insurance
Office costs
Sundries
Secretarial services
Bookkeeping
Administrative support
IT & website expenses
Volunteer administration
Depreciation of tangible and heritage assets		 Governance
Finance
costs
Totals
£
£
£
224
1,890
53,037
2023
2022
Red
Squirrel
Total
Survival
activities
£
£
424
394
1,955
1,610
3,222
368
6,000
5,417
3,390
2,064
9,820
7,484
3,071
1,538
21,764
24,667
1,277
1,277
50,923
44,819

continued...

Page 10

THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

9. SUPPORT COSTS - continued Finance

SUPPORT COSTS - continued
Finance
2023 2022
Red
Squirrel Total
Survival activities
£ £
Bank charges 224 273
Governance costs
2023 2022
Red
Squirrel Total
Survival activities
£ £
Independent examiner's fees 1,890 1,800

10. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£ £
Depreciation - owned assets 1,277 1,276

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th September 2023 nor for the year ended 30th September 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30th September 2023 nor for the year ended 30th September 2022.

12. STAFF COSTS

No employees received emoluments in excess of £60,000.

continued...

Page 11

THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

13. TANGIBLE FIXED ASSETS
Awards & Computer
trophies equipment Totals
£ £ £
COST
At 1st October 2022 and
30th September 2023 4,500 3,830 8,330
DEPRECIATION
At 1st October 2022 - 2,553 2,553
Charge for year - 1,277 1,277
At 30th September 2023 - 3,830 3,830
NET BOOK VALUE
At 30th September 2023 4,500 - 4,500
At 30th September 2022 4,500 1,277 5,777
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other creditors 2,984 2,900
Accrued expenses 6,115 5,396
9,099 8,296

continued...

Page 12

THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

15. 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
Eastern Lowlands of Scotland Red Squirrel
Group
TOTAL FUNDS
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
Eastern Lowlands of Scotland Red Squirrel
Group
TOTAL FUNDS		 At
1.10.22
£
110,941
2
1,199
8,452
3,193
2,255
114
4,257
952
974
56,825
2,200
1,000
501,765
-
583,188
694,129
Incoming
resources
£
80,432
378
786
331
264
93,166
63,025
157,950
**238,382 **		 Net
movement
At
in funds
30.9.23
£
£
(25,151)
85,790
-
2
-
1,199
378
8,830
-
3,193
786
3,041
-
114
331
4,588
264
1,216
-
974
-
56,825
-
2,200
-
1,000
(68,704)
433,061
24,329
24,329
(42,616)
540,572
(67,767)
626,362
Resources
Movement
expended
in funds
£
£
(105,583)
(25,151)
-
378
-
786
-
331
-
264
(161,870)
(68,704)
(38,696)
24,329
(200,566)
(42,616)
(306,149)
**(67,767) **

continued...

Page 13

THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At
1.10.21
£
Unrestricted funds
General fund
30,113
Restricted funds
Core costs fund
2
Red Squirrels South West (Dorset)
1,199
RSNE (incl. Merseyside & Cumbria)
8,074
Red Squirrels Trust Wales (formerly
Anglesey fund)
3,193
Cornwall Red Squirrel Project
1,410
Isle of Wight fund
114
Saving Scotland's Red Squirrels
3,943
Red Squirrels in South Scotland
653
Website fund
974
Scientific research fund
56,825
Scottish One Community Group
2,200
Argyll-based group
1,000
UK Squirrel Accord
509,066
588,653
TOTAL FUNDS
618,766
Comparative net movement in funds, included in the above are as follows:		 Net
movement
in funds
£
80,828
-
-
378
-
845
-
314
299
-
-
-
-
(7,301)
(5,465)
75,363		 At
30.9.22
£
110,941
2
1,199
8,452
3,193
2,255
114
4,257
952
974
56,825
2,200
1,000
501,765
583,188
694,129
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		 Incoming
resources
£
175,078
378
845
314
299
257,428
259,264
434,342		 Resources
Movement
expended
in funds
£
£
(94,250)
80,828
-
378
-
845
-
314
-
299
(264,729)
(7,301)
(264,729)
(5,465)
(358,979)
75,363

continued...

Page 14

THE RED SQUIRREL SURVIVAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2023

16. RELATED PARTY DISCLOSURES

Donations amounting to £70,203 (2022: £53,000) 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.

17. 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 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.

Eastern Lowlands of Scotland Red Squirrel Group

Funding for support of Eastern Lowlands of Scotland Red Squirrel Group.

Page 15

THE RED SQUIRREL SURVIVAL TRUST LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30TH SEPTEMBER 2023

Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS
Donations and legacies
Gifts
(2,548)
-
Donations
75,049
47,175
Gift aid
2,795
-
Legacies
-
-
Grants
-
110,775
75,296
157,950
Other trading activities
Sale of merchandise
2,548
-
Investment income
Deposit account interest
2,588
-
Total incoming resources
80,432
157,950
EXPENDITURE
Raising donations and legacies
Fundraiser fees
18,000
-
Public awareness officer
18,894
-
Fundraising costs
-
-
Just giving fees
216
-
Donorfy fees
2,040
-
Marketing and PR
1,015
-
40,165
-
Other trading activities
Purchases
852
-
Charitable activities
Consultancy fees
-
21,938
Eastern Lowlands direct costs
-
16,758
Grants to institutions
12,696
160,703
12,696
199,399
Support costs
Management
Insurance
424
-
Carried forward
424
-		 2023
Total
funds
£
(2,548)
122,224
2,795
-
110,775
233,246
2,548
2,588
238,382
18,000
18,894
-
216
2,040
1,015
40,165
852
21,938
16,758
173,399
212,095
424
424		 2022
Total
funds
£
-
195,387
10,638
40,014
188,000
434,039
303
-
434,342
17,000
14,000
200
216
2,016
1,531
34,963
214
-
-
276,910
276,910
394
394

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 30TH SEPTEMBER 2023

Unrestricted
Restricted
funds
funds
£
£
Management
Brought forward
424
-
Office costs
1,955
-
Sundries
2,643
579
Secretarial services
6,000
-
Bookkeeping
3,390
-
Administrative support
9,255
565
IT & website expenses
3,071
-
Volunteer administration
21,764
-
Computer equipment depreciation
1,277
-
49,779
1,144
Finance
Bank charges
201
23
Governance costs
Independent examiner's fees
1,890
-
Total resources expended
105,583
200,566
Net income
(25,151)
**(42,616) **		 2023
Total
funds
£
424
1,955
3,222
6,000
3,390
9,820
3,071
21,764
1,277
50,923
224
1,890
306,149
**(67,767) **		 2022
Total
funds
£
394
1,610
368
5,417
2,064
7,484
1,538
24,667
1,277
44,819
273
1,800
358,979
75,363

This page does not form part of the statutory financial statements

Page 17