2024-12-31-accounts - Penrith District Red Squirrel Group

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Section B Statement of assets and liabilities at the end of the period untrIcted Restricted fund* fwids Endowmènt funds 81 Ca•h fvn4• 15 311374 397,949 tunds funds to n••r•sl£ 83 Inv•8tment a8S•ts FuThJto WCh 24.015 chartty's own use 85 Liabilities Sv4ned byone truslem of aH Ihe tnxl888 Datè rrf roval Prnl N8 CCXX R2 aLuwnts ISSI

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Trustees’ Annual Report for the period

Period start date Period end date To

A A From

Section A

Reference and administration details

Charity name Penrith District Red Squirrel Group

Registered charity number (if any) | 1117418

Charity's principal address| Celleron House

PENRITH

Names of the charity trustees who manage the charity

i[RGBeson ~~| SC~SC[(SC~—SS]~~ 2fimes ~~|~~ SSC~—<~sSSC“C~;SC~Sé~YSC‘“‘<CS;CS;;SSSCSC~*r ~~CO~~ a Names of the trustees for the charity, if any, (for example, any custodian trustees) ~~[Name Cd CDattess acted if not for whoolee eer~~

Names and addresses of advisers (Optional information) Type of adviser Name Address Dodd & Co Limited FIFTEEN Rosehill Montgomery Way Rosehill Estate CARLISLE CA1 2RW

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Name of chief executive or names of senior staff members (Optional information)
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TAR 1

December 2024

� TAR

The promotion of red squirrel conservation throughout the Penrith District area. This included the organisation of a number of activities including public meetings, talks for public and in schools and attendance at shows. These highlighted the increasing plight of the red squirrel, and the risk to their existence posed by the non-native grey squirrel and the virus most greys carry.

In setting the objectives of the Charity, the Trustees have paid due regard to the Charity Commission guidance on public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about: e policy on grantmaking; e policy programme related investment; e contribution made by volunteers.

TAR

December 2024

Achievements and performance

Increased promotion and publicity using a much improved and updated website, increased use of social media. This includes encouraging the public to become members and/or volunteer and report both red and grey squirrel sightings. 2. Obtaining funding from all possible sources including membership, sponsorship, sales of merchandise, including the sale of feeders made by the Rangers and donations meant that the group continued to provide landscape grey control across the group area by agreeing annual 12 month contracts with professional trained rangers( 6 full time and 1 part time ) augmented by a further full time ranger directly employed by Center Parcs, but working closely with the group. 3. The group continued to benefit from the upgrade of equipment and agreed in further to investigate use of latest technology/Apps to help our contract rangers. Continued investment in cameras, thermal imagers is contributing greatly to the effectiveness and efficiency of the ranger team and its grey control work. 4. The coordination of standardised squirrel data in 2024 shows that whilst red sightings remain good in parts of the 610 square miles now covered by the group, the Trustees are very concerned by increasing grey squirrel numbers and loss of reds in part due to squirrel pox virus.

TAR

December 2024

Section E Financial review The Tnjstees hope to maintain a resenie of £100.000 and this will be revièwed every 6 months. If overall fvnds are predicted to drop betow £150,000 then Trustees will nSider reducing contracts to 6 months. Brlef statement of the charity's policy on resorv88 Dètalls of any funds materially in deficit Further flnanclal revlow details (Optlonal irfomiation) Totsl income for the year amounted lo £197,90312023 - £153,787) with expenditure of £212,269 (2023 - £186.178118aving an overall deficit for the year of £14,366 (2023 - £32.391 }. You may choose to indude additional information. where relevanL about- the charity's princ¢p81 Sou$ of funds {including any fundraising). how expenditure has support8d the kay obioctsv88 of the ch8rity', investrnent policy and objectives including any ethic81 investment wlicy adopted. Free reseNes at the year end are £397,949 all of which is held as cash. The trustees are pleased Ihat they have managed to maintan ranger contrads. They are however very realistic and see that increased income must be found rf they are to continue with the current level of grey control over the next 3 or 4 years. However, the grey situation really requires increased ranger cover. not maintenance of the status quo and they are concerned that this will nol be possible unles5 income is muth increased. despite investrnent of the legacy with increased interest rates which will help but by no rneans fill the gap. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees report above. Signed on behalf of the charlty's trustees Signature(s) Full namels) Posltlon (eg Secretary. Chair. etc) TAR