2024-09-30-accounts - Red Squirrel Survival Trust

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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 2024

FOR

THE RED SQUIRREL SURVIVAL TRUST LIMITED

Martin and Company 25 St Thomas Street Winchester Hampshire S023 9HJ

THE RED SQUIRREL SURVIVAL TRUST LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

PATRON	HM The King
TRUSTEES	The Earl ofKinnoull
	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
REGISTEREDCOMPANY	05941388 (England and Wales)
NUMBER
REGISTERED CHARITY	1116947
NUMBER
INDEPENDENT EXAMINER	Martin and Company
	25 StThomas Street
	Winchester
	Hampshire
	S0239HJ

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

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 2024. 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
5, 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 three trustees processes grant applications on behalf of the board of trustees.

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

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 2024 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, forest industry, 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 £250,000 were made to APHA in the period from money set aside for this purpose. In all, grants totalling £331,911 were made in the year. RSST has continued to expand its work with volunteer groups and in public information. Special mention must again be made of the Eastern Lowlands Red Squirrel Group (ELRSG) in Scotland, established by RSST through the generosity of a local funder, which has been active in providing authoritative support and advice on red squirrel conservation to local authorities, increasingly as a first responder. ELRSG is now fundraising independently to support its operations and activities.

Significant public impact continues to be made by RSST's Ambassadors, the wildlife photographer and film maker Dani Connor, whose work is achieving wide circulation through social media and online, and the gardener, author and broadcaster Alan Titchmarsh.

In 2025 we will continue our work with the UK Squirrel Accord in its 10th anniversary year, supporting its two-day anniversary conference at the University of Greenwich in June, as part of the development of the Accord's new multi-year strategy. We shall continue meanwhile to develop our educational mission and our support to red squirrel volunteer groups.

FINANCIAL REVIEW

Financial position

At 30th September 2024 the charity had funds of £471,769 of which £300,015 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:

1, 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.

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

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 2nd June 2025 and signed on its behalf by:

The Earl of Kinnoull - Trustee

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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 2024,

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 J 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 ofa listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one ofthe 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:

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
3% 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 S023 9HJ

10th June 2025

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30TH SEPTEMBER 2024

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||||||||| |---|---|---|---|---|---|---|---| |2024|2023| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|Pa|Pa|£|£| |INCOME|AND|ENDOWMENTS|FROM| |Donations|and|legacies|3|178,111|194,264|372,375|233,246| |Other|trading|activities|4|3,438|-|3,438|2,548| |Investment income|5|4,972|224|5,196|2,588| |Total|186,521|194,488|381,009|238,382| |EXPENDITURE|ON| |Raising|funds|39,274|-|39,274|41,017| |Charitable|activities|6| |Red|Squirrel|Survival|61,283|435,045|496,328|265,132| |Total|100,557|435,045|535,602|306,149| |NET INCOME/(EXPENDITURE)|85,964|(240,557)|(154,593)|(67,767)| |RECONCILIATION|OF|FUNDS| |Total|funds|brought forward|85,790|$40,572|626,362|694,129| |TOTAL FUNDS CARRIED FORWARD|171,754|300,015|471,769|626,362|

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The notes form part of these financial statements

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

BALANCE SHEET 30TH SEPTEMBER 2024

				2024	2023
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	ag	£	£
FIXED ASSETS
Tangible assets	13	4,500	~	4,500	4,500
CURRENT ASSETS
Cash atbank		174,903	301,571	476,474	630,961
CREDITORS
Amounts falling due within one year	14	(7,649)	(1,556)	(9,205)	(9,099)
NETCURRENT ASSETS		167,254	300,015	467,269	621,862
TOTAL ASSETS LESS CURRENT
LIABILITIES		171,754	300,015	471,769	626,362
NET ASSETS		171,754	300,015	471,769	626,362
FUNDS	15
Unrestricted funds				171,754	85,790
Restricted funds				300,015	540,572
TOTALFUNDS				471,769	626,362

TOTAL FUNDS

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 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 2nd June 2025 and were signed on its behalf by:

The Earl of Kinnoull - Trustee

The notes form part of these financial statements

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THE RED SQUIRREL SURVIVAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

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.

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.

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

3.	DONATIONSAND LEGACIES
				2024	2023
				£	£
	Gifts			-	(2,548)
	Donations			87,304	122,224
	Gift aid			3,082	2,795
	Legacies			93,437	-
	Grants			188,552	110,775
				372,375	233,246
4,	OTHERTRADING ACTIVITIES
				2024	2023
				£	£
	Sale of merchandise			3,438	2,548
5.	INVESTMENT INCOME
				2024	2023
				£	£
	Deposit account interest			5,196	2,588
6.	CHARITABLE ACTIVITIES COSTS
			Grant
			funding of
		Direct	activities	Support
		Costs (see	(see note	costs (see
		note 7)	8)	note 9)	Totals
		£	£	£	£
	Red Squirrel Survival	111,376	331,911	53,041	496,328
7.	DIRECT COSTS OF CHARITABLE ACTIVITIES
				2024	2023
				£	£
	Consultancy fees			43,081	21,938
	EasternLowlands direct costs			1,558	16,758
	Project officer fees			55,285	-
	Squirrel traps, feeders and cameras			11,452	-
				111,376	38,696

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

8. GRANTS PAYABLE

8.	GRANTS PAYABLE
				2024	2023
				£	£
	Red Squirrel Survival			331,911	173,399
	The total grants paid to institutions during the yearwas as follows:
				2024	2023
				£	£
	UK Squirrel Accord			81,191	70,203
	Animal andPlantHealthAgency			250,000	102,500
	Red Squirrels South West (Dorset)			720	696
				331,911	173,399
9.	SUPPORT COSTS
				Governance
		Management	Finance	costs	Totals
		£	£	£	£
	Red Squirrel Survival	50,906	335	1,800	53,041
	Support costs, included in the above, are as follows:
	Management
				2024	2023
				Red
				Squirrel	Total
				Survival	activities
				£	£
	Insurance			1,905	424
	Office costs			1,286	1,955
	Sundries			3,927	3,222
	Secretarial services			6,210	6,000
	Bookkeeping			2,760	3,390
	Administrative support			10,154	9,820
	IT& website expenses			2,594	3,071
	Volunteer administration			22,070	21,764
	Depreciation oftangible and heritage assets			-	1,277
				50,906	50,923

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

9. SUPPORT COSTS- continued Finance

SUPPORT COSTS-- continued Finance
	2024	2023
	Red
	Squirrel	Total
	Survival	activities
	£	£
Bank charges	335	224
Governance costs
	2024	2023
	Red
	Squirrel Survival	Total activities
	£	£
Independentexaminer'sfees	1,800	1,890

10... NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):
	2024		2023
	£		£
Depreciation-ownedassets		-	1,277

11. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th September 2024 nor for the year ended 30th September 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30th September 2024 nor for the year ended 30th September 2023.

12. STAFF COSTS

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

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

13. TANGIBLE FIXED ASSETS

13.	TANGIBLE FIXED ASSETS
		Awards	&	Computer
		trophies		equipment	Totals
		£		£	£
	COST
	At Ist October 2023 and
	30th September2024	4,500		3,830	8,330
	DEPRECIATION
	At Ist October 2023 and
	30th September2024		-	3,830	3,830
	NETBOOKVALUE
	At 30th September 2024	4,500		-	4,500
	At 30th September 2023	4,500		-	4,500
14,	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2024	2023
				£	£
	Other creditors			3,089	2,984
	Accrued expenses			6,116	6,115
				9,205	9,099

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |15.|MOVEMENT|IN|FUNDS| |Net| |At|movement|At| |1,10,23|in|funds|30.9.24| |£|£|£| |Unrestricted|funds| |General|fund|85,790|85,964|171,754| |Restricted|funds| |Core|costs|fund|2|-|2| |Red|Squirrels|South|West|(Dorset)|1,199|(720)|479| |RSNE|(incl.|Merseyside &|Cumbria)|8,830|.|8,830| |Red|Squirrels|Trust|Wales|(formerly| |Anglesey|fund)|3,193|-|3,193| |Cornwall|Red|Squirrel|Project|3,041|~|3,041| |Isle|of Wight fund|114|-|114| |Saving|Scotland's Red|Squirrels|4,588|-|4,588| |Red|Squirrels|in|South|Scotland|1,216|-|1,216| |Website|fund|974|-|974| |Scientific|research|fund|56,825|-|56,825| |Scottish|One|Community|Group|2,200|-|2,200| |Argyll-based|group|1,000|-|1,000| |UK|Squirrel|Accord|433,061|(228,842)|204,219| |Eastern Lowlands|of Scotland|Red|Squirrel| |Group|24,329|(10,995)|13,334| |540,572|(240,557)|300,015| |TOTAL FUNDS|626,362|(154,593)|471,769| |Net movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|186,521|(100,557)|85,964| |Restricted|funds| |Red|Squirrels|South|West|(Dorset)|.|(720)|(720)| |UK|Squirrel Accord|162,976|(391,818)|(228,842)| |Eastern|Lowlands|of Scotland|Red|Squirrel| |Group|31,512|(42,507)|(10,995)| |194,488|(435,045)|(240,557)| |TOTAL FUNDS|381,009|(535,602)|(154,593)|

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

15. MOVEMENT IN FUNDS- continued

Comparatives for movement in funds

		Net
	At	movement	At
	1.10.22	in funds	30.9.23
	£	£	£
Unrestricted funds
General fund	110,941	(25,151)	85,790
Restricted funds
Core costs fund	2	-	2
Red Squirrels South West (Dorset)	1,199	-	1,199
RSNE (incl. Merseyside & Cumbria)	8,452	378	8,830
Red Squirrels Trust Wales (formerly
Anglesey fund)	3,193	-	3,193
Cornwall Red Squirrel Project	2,255	786	3,041
Isle ofWight fund	114	-	114
Saving Scotland's Red Squirrels	4,257	331	4,588
Red Squirrels in South Scotland	952	264	1,216
Website fund	974	-	974
Scientific research fund	56,825	-	56,825
Scottish One Community Group	2,200	-	2,200
Argyll-basedgroup	1,000	-	1,000
UK Squirrel Accord	501,765	(68,704)	433,061
EasternLowlands ofScotland Red Squirrel
Group	-	24,329	24,329
	583,188	(42,616)	540,572
TOTALFUNDS	694,129	(67,767)	626,362
Comparative netmovement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	80,432	(105,583)	(25,151)
Restricted funds
RSNE (incl. Merseyside& Cumbria)	378	-	378
CornwallRed Squirrel Project	786	-	786
Saving Scotland's Red Squirrels	331	-	331
Red Squirrels in South Scotland	264	.	264
UK Squirrel Accord	93,166	(161,870)	(68,704)
Eastern Lowlands ofScotland Red Squirrel
Group	63,025	(38,696)	24,329
	157,950	(200,566)	(42,616)
TOTALFUNDS	238,382	(306,149)	(67,767)

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THE RED SQUIRREL SURVIVAL TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024

16. RELATED PARTY DISCLOSURES

Donations amounting to £83,323 (2023: £70,203) 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.

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THE RED SQUIRREL SURVIVAL TRUST LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

			2024	2023
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	£	£	£	£
INCOMEANDENDOWMENTS
Donations and legacies
Gifts Donations	- 81,592	- 5,712	- 87,304	(2,548) 122,224
Gift aid	3,082	-	3,082	2,795
Legacies	93,437	~	93,437	-
Grants	-	188,552	188,552	110,775
	178,111	194,264	372,375	233,246
Other trading activities
Sale ofmerchandise	3,438	-	3,438	2,548
Investment income
Deposit account interest	4,972	224	5,196	2,588
Total incoming resources	186,521	194,488	381,009	238,382
EXPENDITURE
Raising donations and legacies
Fundraiser fees	20,025	-	20,025	18,000
Public awareness officer	16,324	-	16,324	18,894
Just giving fees	216	-	216	216
Donorfy fees	2,227	-	2,227	2,040
Marketing andPR	-	-	-	1,015
	38,792	-	38,792	40,165
Other trading activities
Purchases	482	-	482	852
Charitable activities
Consultancy fees	2,132	40,949	43,081	21,938
Eastern Lowlands direct costs	-	1,558	1,558	16,758
Project officer fees	-	55,285	55,285	-
Squirrel traps, feeders and cameras	-	11,452	11,452	-
Grants to institutions	13,160	318,751	331,911	173,399
	15,292	427,995	443,287	212,095
Support costs
Management
Insurance	475	1,430	1,905	424
Carriedforward	475	1,430	1,905	424

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Page 16

THE RED SQUIRREL SURVIVAL TRUST LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2024

			2024	2023
	Unrestricted funds	Restricted funds	Total funds	Total funds
	£	£	£	£
Management
Brought forward	475	1,430	1,905	424
Office costs Sundries	1,286 936	- 2,991	1,286 3,927	1,955 3,222
Secretarial services Bookkeeping	6,210 2,760	~ -	6,210 2,760	6,000 3,390
Administrative support	7,894	2,260	10,154	9,820
IT& website expenses	2,269	325	2,594	3,071
Volunteer administration	22,070	-	22,070	21,764
Computer equipment depreciation	-	-	-	1,277
	43,900	7,006	50,906	50,923
Finance
Bank charges	291	44	335	224
Governance costs
Independent examiner's fees	1,800	-	1,800	1,890
Total resources expended	100,557	435,045	535,602	306,149
Net(expenditure)/income	85,964	(240,557)	(154,593)	(67,767)

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