FOUR PAWS UK Annual R•port and Financial Statsments 31 D8cernbèr 2023 Company Regi8tr8llon Nurthr 5848230 IEngl4nd and Wiles) Chartty Rttgk8tMtion Nurrly•r 1118102 Reference and admSnlstrativ8 infomialion Trustees, report Indèpendént audltorfs report 23 Flnon¢lal •tat•ments Statement of fln8wal 8ctlvitie8 28 Balance 3 29 Ststsrn8nt of cash flow8 Pri￿1paI accounting FoIici88 31 Notes to the financbal statements 35 FOUR PAWS UK 1 R•ferenGe and admlnlstratlve Inf0M￿tIOn Board of Tru$t•os Truglees, vtho are also director8 under company law, who served during the year and up to the date of thls ￿port were as follows.. Josef Pfabigan Gerakl Dick (resigned 31 March 20241 Luciana D'Abramo Alexandra Mandc4(i lapF)ointed 1 April 20241 Principal Staff Sonul 8adiani-Hamment Director UK Company Secrotsry Sonul 88diani-Hamment Addro5• 181 Floor, Can Mezzanine 7-14 Great Dover Slre8t London SE14YR Company r•g18trntlon numb•r 5848230 Charlty ro958tratlon numb•r 1118102 Audltor Buzzacott LLP 130 Wood Street London EC2V 6DL Bank•rn B8r¢lay8 Bank Manchester City Offi'ce Business Centr8 Business Banking LeiGe$ter LE87 2BB HSBC Business Banking City of London Commercial Centre 60 Queen Vicioria Street London EC4N 4TR FOUR PAWS UK 2 Tru8tse8' report 31 December 2023 The Tnjslees present their report and the financial statements for the year ended 31 December 2023, ￿lch 81$0 constilules a directors, ￿pOrt. The accounts have been prepared in accordance with the accounting policies sel out on pages 31 to 34 of the attached accounts and comply with the Articles of Assc¢iation, the Charities Act 2011. the Companie5 Act 20C￿ and Accounting and ReFthing by Charities.. Statement of Recomm8nded Practice applicable lo charities preparing their accounts in accordance with the Financial Repo￿n9 Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021. GOVERNANCE. STRUCTURE AND MANAGEMENT Gov•man Goveming document The organisation 18 a charitable company limibj by guarantee {Company Registratson Numter 58482301, Incorporated on 15 June 2006 and Tegisteffd 8$ 8 charity on 28 February 2007. The company w88 established under a Mèmorandum of Association, which established the object8 and powers of the chanlable company and is govemed by ils Artides of Asso¢lation. In the event of the company being wound up member8 are required lo contribute an amount not exceeding £1. DI￿tOrS and Trnst80s The directors of the company are 81$0 charity Tru8t8e8 as defined by the Charities Act 2011. Under the requirement of the M8fftJrandum and Articles of A880ciation. the directors a￿ elected lo serv& for a fixed term nol exceeding thre8 years, ￿neWable by appointment by a resolution of the Oireclors. The list of below detai18 the names of Trustees who were in place during the year. Due to the naluffj of the ¢harity'g work Trustees need to pos$e$s a clear, demon$lr8ble affinity for the objectives of the ¢harity.' lo end animal suffering. Other than this u1￿ment, Trustees are selected from all walks of lrfe lo maintain a broad mix of skills within the organi8ation's management. Trustee Josef Pfabigan Gerald Dick Alexandra Mandoki Lu¢iana D'Abramo olnted I re81 ned ApF)ointed on 5 May 2008 Appointed on 25 March 2020 1 resigned 31 March 2024 Appointed 1 April 20241 inted on 30 March 2021 Trustee Indu¢tlon and tralnlry In the Trustee induction, new Trustee8 are provided with a copy of the Governance Manual as well as a copy of The Essenb'al Trustee. They are required lo meet wlh the 8oard Rep￿sen￿tiveS and others to learn about the work and how FOUR PAWS operates. From time to time, the Board invites specialists to make presentations lo the Board on matters of impjrtance, such as good govemance, to eThsU￿ that the Trustees are kept abreast of best practice. FOUR PAWS UK 3 Tru8tee¥' report 31 December 2023 GOVERNANCE, STRUCTURE AND MANAGEMENT {wnbnuedl Governanc8 Icontinued) Structure and nmnagemont The Truslees mel a$ a group four times during the year to 31 December 2023. Their principal responsibilities include d8terrnining the overall strategy. policies and direction and are also responsible for the governance of the charity. Day-ltrday operations are delegated to the org8nisalion's staff, overseen by the Director UK. For the year ended 31 December 2023 this cons15ted of an average of 33 members of 8taff. latodp•rtl•8 FOUR PAWS UK is part ol the wder FOUR PAWS Intemalional ne￿v0(k with offices in Europe, Africa, Asia. Australia and North Am&rica. Every FOUR PAWS office is consliluted and regi5tergd as a legal enlily in the local county a5 required and has a I￿ence to use the FOUR PAWS trademark. The offces c£rry out 8 range of animal welfare and fundraising activities united under one global FOUR PAWS strategy, Individual eounty strategies and plans are developed In Consultati￿ with and approved by the Tru81ee8 of FOUR PAWS UK. Rlsk managemont and Intwnal controls The Trustees are re8ponsible for the effective management of risk, including ensuring that Internal controls a￿ In place and operating as intended. Our risks are identified and managed In lin8 Wth the risk management strategy and the corporate ri8k register is revlewed by the Trustee Board at each of their quarterty meetings. In additicfi, the 8enfv?r management ensu￿9 that day lo day risk management processes a￿ embedded xross the organisalion through the effective implementation of policies and procedures. Risks are a8883sed based on their likelihood and potential impact, along with the mitigation strategies in place to manage them. Prfnclpal rl8k8 and uncertalntl8• The Trustee Board considers the foll¢Jving lo be the key Tisks that FOUR PAWS need5 10 us on.. 1. Su•talnablo funding a serious reduction in voluntsry income could result in reduced ability to support exialing and new projects, including FOUR PAWS sanctuaries that provide permanent species appropriate Shelter for rescued animals. Inadequate funding would also have a delrimenlal impact on driving campaigns that bring awarenes8 of animal cruelly issues lo the general public. We conllnue lo identify new ways of generating income to diversify our fvnding sources as part of our current and longer-term planning for the future. We also wnlinue to set our budgetg Wlth a view to focusing on efficiency savings and controlling costs. FOUR PAWS UK 4 Trustee¥, report 31 December 2023 GOVERNANCE. STRUCTURE AND MANAGEMENT (c{￿￿'nUedI Governance {continuedl 2. Slgnlllcant Impact of change8 to th• rngulatory •nd leglslatlve envlronment In¢ludlng fundral8lng the charity 9eclor has seen increased regulation in recent year8, in parttular wlth fundraising practices. We monitor ¢)ur operalfvjns to ensure that we remain fully complbanl and ara ablo to continue our fvndraising ath'vities within the new regulat￿n8. 3. Loas of repulatlon wlth th• g•n•ral publlc and donor• 88 an international organisation, our ￿pUtatIon 18 dependent on good practlce. A crltscal impact on our reputation and brand could le&d lo a gignificant reduction In our fvndraising income. We monitor our communI￿tiOnS acros8 the arganisation to ensure a consistent message is delive￿. We also implement a proces8 of due diligence to ensure that external projects wth which we are a880ciated, ￿￿e¢l our values and protect our reputation. 4. Approprlato IlnanclAI r•••rvM - we need to maintain our reserves al a level which 11 enable the organisation to be re8wnsive to any Ghanges.thal may arise from new proj8ct requirements or a shortfall in fundraising incom8. We ¥MII contlnue to review our reserve8 to ensure they a￿ appropriate to meet our future planning needs and to supp)rt our risk management. S. Data Protsctlon - we pay close 8tlentson lo data protection risks across all our acb'vities lo reflect our concern for our donors, and supportèrs, data. Publlc bengfft Under the Charities Act 2011, charity Twstses have a duty to explain in their Trustees, annual oport how they meet the requirement to demonslrale public benefit within the meaning of the Act. They are also cbliged to explain the chanty's achievements. rneasured by referen￿ lo the charity's aims and to the objectives sel by Ihe Truglees. The advancement of anim81 welfare 18 spècifiéd as an adm1s6ible charitable purp08e and is taken lo include any purpose directed towards the prevenbon or supprevJion of cruelty to animals or the prevention or r81ief of suffering by animals. Examples of the 80rt8 of chanlable purpxe falling within this desoriplion include.. chanties promting kindness and to prevent or suppress cruelty to animal8, animal san¢tuaries, the provision of veterinary care and treatment. charities concerned with the care and re-homing of animals tt)at a￿ abandoned. mistreated or lost,. and FOUR PAWS UK Tru8tee8' report 31 December 2023 GOVERNANCE, STRUCTURE AND MANAGEMENT (wntinuedl Public b•noflt {continuedl feral animal control, e.g. neutering. In accordance with the requirements of the Charrttes Act 2011. the TnJBtses have paid due regard to the Charity Commission's guhlance on public benefit when deciding and planning FOUR PAWS acb'vities. The sections which follow den￿nstrate how FOUR PAWS mel its tharitable purpose in 2023 and its principal achieve￿EntS under its respective strategic pri￿lty area5 of work. OBJECTIVES AND ACTIVITIE8 Objects The organisation's key objective is 10 8chi&ve signlfficant impact for animals under human inlluenGe, so that.. Wlld Anlmal8 live in the vAld without human influence. If reintroduction to the wild is not PO8sible and living under human inffuence 18 not avoldable, keeping conditions are meeting 9pecies appropriate needs. Cornpanlon Anlmal8 have a good quality of lifè in accordance wth their own speciesl breed specific needs and receive lifetime Gare and guardianship. Fami Anlmal•'hav8 a life worth living and receive lifetime care in kee￿ng conditions 8ccording lo their $c¢i81 and physical needs. The human diet will focu8 more aTrd more on Planl-based food. Anlmal• affoctod In man4nad• andlor naturals dl•a8t•rn are rescued and cared for. Human and animal welfare is ensured by increased resilience. FOUR PAWS aims to pay salaries which are fair, competslive within the charity 8ector and proportionate to th8 complexlty of each role. All roles are evaluated based on agreed, organisation wide criteria that detsrmine the grade and salary ft)r each roie. The salary of the highest paid employee was no more than limes the median'salary of the charity, excluding settlement payments. All staff receive ongoing performance management and an annual appraisal which highlights how they have contributed lo the achievement of our objectives and identifies any personal development a￿a9 they may have. Discussion and infomwtion gharirvJ arè actively encouraged across the FOUR PAWS intemational ne￿Ik and through u9e of MS Teams. which enables us lo proactively ¢ollat4Nate. FOUR PAWS UK Tru8tees' report 31 December 2023 OBJECTIVES AND ACTIVITIES {continuedl Koy managemènt porsonnol Key management personnel are defined a8 the Trustees and the followng Staff members.. Director IUKI Head of Finance and OFerations Head of Programmes H8ad of Communications.. and Head of Fundrai8ing. Their pay is sel in line wrth the prccedure relevant for all staff discussed above. The UK Dirèctor pay 13 Set and approved by the Board of Trustee8. Voluntsern We did not attend fac&to-face fundraising events during 2023, as a resulL no volunteers were engaged during the year. Equ411ty and Dlv•rnlty It is the policy of FOUR PAWS lo respect tho diversity of all of its employees and volunteers and t￿81 them fairly and equally. regardless of characlerislics Such as physical or mental disability, gender, Sexual orientstion, race. culture, nationality, ethn￿ origin, rellgious bellef or 4e. Envlronmental actlon and 8U8talnablllty FOUR PAWS 1$ committed lo minimising the impact of its activities on the enwronment. We achi8ve this by evaluating our operations and ensuring that they ar& as efficient as possible. We actively promote recycling internally and virtU81 communicatlon technology to minimi5e travel. We meet all environmental legislatson that relates to the charity. Fundral8lng Growng our income through fundraising Is vital to enabling us to raise awareness, campalgn lo relieve the suffering of animals in need and lo promote humane behaviour towards animals. We are committed lo working lo a best practice framework and do everything possible lo meet the needs of potential supporters and protect vulnerable people. Our policy on Vulnerable Persons outiines the steps we have built into our donor care and fundraising training and procedures, lo ensu￿ that our fundraising acb'vities a￿ayS meet or exceed best practice standards in rdalion to treating vulnerable persons fairty. We are registered with the Fundraising Regulator and confirm that we have complied ￿th the Code of Fundraising Practice and all relevant data protection laws. We have not identified any instances of non-compliance dunng the year. FOUR PAWS UK 7 Trustsos, report 31 December 2023 OWECTIVES AND ACTivmES Iconlinuedl Fundral8lng Icontinuedl As part of our fundraising activitses, FOUR PAWS engages with prOfeS￿onal thlrd parties to act on ils behalf, for example lo produ￿ and distribute direct mailings. To ensure that the fundraising activslies of third parties are compliant with regulation and the charity's own internal standards, FOUR PAWS approves all third-party comrnunlcation prior to distribution and has sel clear guidelines in the agreements made with such parb'es. We aim to respond to all complaints individually and in a timely manner. All ￿mplaIntS inform and influence our approach to fundraising. We confirm that during 2023 there were no notifi'cation of complaint to the Advert15ing Standards Authority IASAI received. We are always conscious of minimising the costs of our fundraising and benchmark our different fundraising channels to ensure they remain cornpets"tive. We work hard lo ensu deliver valuè for money in all our charitsble activibes, working closely with our programs and ￿Mpaign teams. Grant maklng pollcy FOUR PAWS UK gives grantg in line wrth ils charitable and strategi¢ objects'ves to partners In the FOUR PAWS Ne￿Ik and lo other animal conservation organi8ations. These grant8 are approved by the Trustees. Some grants are made to support long running programmes such ag the bear and big cal sanctuaries, the outcomes of which are reviewed at regular periods. ACHIEVEMENTS AND PERFORMANCE IN 2023 Companlon anlmal8 FOUR PAWS companion animal programm8 8eek8 to addr888 the suffering of companion animals. Thi8 programn* Is targeted towards three goal8 for each welfare issue experienced by companion anima18 during their life stages.. Re8pon•lble breeding and •elllng.' To drive public sector and legislative change to achieve better stsndards of 8nimal welfare in the breeding and selling of companion animals, R8gpon8lblè ownor8hlp.' To pul responsible pet ownership al the heart of swiety and adoption as the prerequisite for acquiring a pet.. and Responslbh stray animal care.. To achieve responsible stray animal care including the effective prevention and humane management of Stray animals. Background Classified ad sites have become the main sales channel for ruthless puppy breeders arts traders, who use these sites lo sell sick. underage and potentially mistreated animals to unwtting buyers. For several years. FOUR PAVVS has investigated cases of the illegal puppy trade and called on classified ad sites lo add￿$S anonymous trading, encouraging the inlroduction of mandatory seller identifi'cation Ilhe Model Solutson}. FOUR PAWS UK 8 Trustees. report 31 D￿ember 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 {¢onlinuedl Companlon animals (conlinuedl Background {contsnuedl Puppy purchasing boomed during the COVID-19 pandemic, and with the cost-of-living crisis more animals than ev6r are finding their way into rescues and shelters through abandonment. FOUR PAWS has a vast range of advice on our website for companion animal care. The Irade in dogs and cats for their meat IDCMTI 15 r85ponslble for inflicting homfic cruelty on an estimated 30 million animals in Southeast Asia each year, and the number is growing. FOUR PAWS UK beli8ve8 that it can help end this b8rban'c trade by mobilising supporters through education and through polttical and corporate change. By educating the public about this major animal welfare concern, FOUR PAWS UK hopes to r8ise 8warene9s and funds lo support thè campaign, as well as influence embassies and the tourism industry to support the c811 for an end to the trade. Impact and oulcofflo• In the past year, FOUR PAWS UK ha8 collected hund￿8 of reportg of sick and dead puppies from the public, has had these reportg asse88ed by legal exwrts and passed on relevant reports to the appropriatè autho￿tIeS lor potenbal acticn. This year. the Govemment unfortunately dropped thè Animal Welfare (Kept Anlm818I 8111 which woulfj have tackled puppy smuggling, a key issue that we have worked on for five year5. However, at the start of the 2023-2024 Padiamentsry Session, Selaine Saxty MP introduced the Animal Welfare Ilmport of Dogs, Cats and Ferrets} Bill, which we are now advocating to Contain Similar legal provislons to the previou81y tabled Animal Welfare (Kept Animalsl Bill. We also published a report outlining the extent of the illegal puppy trade in the UK and exposed the activity of illegal breeders online, as well as cases of illegal puppy smuggling. This report also help&J lo raise awareness of the risks associated with buying a puppy online, providing much needed advice to those looking to add a dog lo their home. For the DCMT campalgn, we successfully engaged ￿th Bribgh emb88sies in target countries lo help raise aWa￿neSS of the issue and communicated with key Government stakeholders in Southeast Asia who ultimately attended FOUR PAWS policy events to help us influence legislative change. Key Actlvttl•• {Incl. cooperatlon•l 2023 Compared to last year, FOUR PAWS UK has received fewer reports from the online puppy trade reporting tool, totalling 416 this year, alongside an additional 21 via email. Of these, 6 have been assessed by legal experts, and 32 have been escalated lo relevant authorities for potential prosecution. We have confirmation thal 16 are CUrren￿Y under inve81igatron. A8 usual, most authorities do not disclose the outcomes of these investigatK*ns. FOUR PAWS UK Trustees. report 31 December 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 {continuedl Companlon anlmal8 Iconlinuedl Key activitie• (incl. coop•ration•) 2023 {conlinuedl Over 1000 supporters were mobili$ed to write to the Prime Minister regarding their concerns about the Kept Animals Bill, which addressed puppy smuggling amongst other key 8nim81 welfare isgues. We also c(￿hoSted a successful parliamentary drop-in evenl, directly engaging with over 40 cross-party MPS on the issue of puppy smuggling. FOUR PAWS UK resP￿ded to an Environmenl, Food 8nd Rural Affairs Comrnitteè IEFRAI inquiry about Fet welfafe and abuse, with specific questions about puppy breeding and licencing. This evidence was wbli$hed on the Committee's website. Consultation responges on I￿enCIng aclivits'es involving animals and dog weltsre in Scotland were also submitted by the organisalion. Autumn saw thè launch of a Supporter action asking all MPS lo ensure animal welfare policy improvements are included in their political p8rty'8 manifesto. Over 6000 emails were sent to MPS scr0￿ 811 parties, reminding thern that #Animalsmatter. We have continued to promote the Cute. Qulck. Sick. campaign {CQSI on our chann81s, and we have secured over 795 Sign up8 to access our Iree puppy guide, taking 244 supporters on a comprehensive digital jouiney to learn more about the risks of the trade, 8nd our other work in companion animals, culminating in a fundraising proF(>silion. In October we also published a report outllning the extent of the illegal puppy trade in the UK and exposed the activity of illegal breeders online, a$ well as exposing f¢)otage and incidents of illegal puppy smuggling. We pr￿nted Ihe results of this reF4Yt al the All-Party Padiamentary Dog Advi80ry Welfare Group IAPDAWGI in Partiamenl, chaired by celebrlly vet Dr Marc Abraham who also wrote the foreword for our r•pJrL FOUR PAWS UK has continued to raise awa￿ne$S of the i8su8 of the DCMT with tolh supporters and the media. In July. we asked supporters to write to the UK Ambassador ol Vietnam and urge him to appoint a permanent representative to the Companion Animals Working Group, a sub8idiary of the Vietnam One Health Partnership for Zoonoses Control. Almost 9,000 supporters wrote to the Ambassador. This was followed by a demonstration outside Tower Bridge to celebrate reaching over million global signatures for the campai9n. Outlook 2024 FOUR PAWS UK wll conb'nue to educate the public on responsible pel ownership and the dangers of online adverts selling puppies We will launch a public mobili8alion campaign, specifically calling on Mets Ic better enfor￿ their own community guidelines around puppy sales, where we have evidence of gellers abusing these gUKlelines on their platfomis. FOUR PAWS UK 10 Trustees. report 31 De￿rnber 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 (continued} Companlon anlmals Icontinuedl Outlook 2024 (continued) Since the Governmnt's disappoints.ng dec1s￿n to drop the Kept Animals Bill, we were thrilled.lo see a new Private Members Bill introduced that wll address puppy smugglin9 in the next Parfiamentary session, so we wll support ttte passage of this Bill al every stage a9 11 progre98e8 through the Parfiamentary pro￿9$. We NMII also continufr to communicate about this issue wlh the public. and push MPS and the Government to pn'orits'se legislative time ft)r thi8 Bill. We will conts'nue to support the DCMT campaign by engaging with r•levant UK Ambassadors lo raise awareness of the trade, and particularly rts link lo zoonotic diseases and pandemics, and with the Publ￿ to rai88 awareness and fuThl8 to support the campaign. Famiad anlmo18 and nutrltlon Background FOUR PAWS ha5 COTltinu8d working on addres8ing animal welfare in farmed animal welfare policy, public procurem8nl, and national f¢od poll¢y, as well as in international trade policy. Our research has shown both a lack of legal requirement9 for animal welfare in public pmcurement processes and core animal welfare Standards In trade policy. In England, the Government Buying Standards must be applied by the central Government procurars direclly or through their catering c¢nlra¢tors. However, Iixal aulhortb'es and schools are only encouraged to apply Ilwe standards if within budget, $0 there is no legal tramework that prescribes standards for meals wthin the UK education 8ector. In addition, there is a lack of transparency when it comés to the amount of tsxpayers, mon8y allotted to public procurement processes and sourcing low welfare foo>J for public institutions. It is also unclear how authorities are considering food in dimate 8cb.on plans, and how or whether they are promoting meal reduction as a 801ulion to climate change. As a nation of anim81 lovers, thè Government has ¢ommitt&d to improving the standard of animal welfare in farming systems. FOUR PAWS UK strives lo provide the best evidence and expertise to decision makers in order to make stronger Folicies for animals, for example by exemplifying the benefits of improving animal welfare to reduce the environmental damage caused by industrial agriculture, advocating for an end to the caged keeping of farmed animals and a ban on live animal transport and pushing for labelling of animal food products. FOUR PAWS UK 11 T￿￿tee$. feport 31 December 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 {conb'nuedl Farnied anlmal8 and nutrltlon {¢ontinuedl Background (continued) Brexit has increased the danger to existing animal welfare legislatK)n, wth a new faTrning subsidy scheme wtentially being diluted in favour of deregulatson and the Genetic Technolcgy (Precision 8reedingl Act having been rughed through Parliament - something p￿vioUSlY banned vthen we were part of the EU. Furthemiore, the Govemment passed the Retained EU Law (Revocation and Reform) Act which sets out a filtering prwess in revcJur Paty and Conservative Paty Conferen￿ where we engaged with the Govemment. MPS, and Councillors on animal welfam pollcy issues under the umbrella messaging of#AnimalsMatter. This year we ￿SpOnded to, and mobilised supporters against a new planning application lo build 20 new poullry sh&d$ and new buildings in connection with pig finishing, in West Norfolk with 8,000 supporters taking action. We have a150 opposed a new environmental Permit application for the conversion of 200,000 turkey fami into an intensive duck farm that would house 1.3 million ducks instead. FOUR PAWS UK 13 Trustee8' report 31 December 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 (continued) Farnied anlmal8 and nutrltlon Iconts'rsuedl Key actlvltlu {Inel. cooporatlon812023 Iconts'nued) To support the global textiles campaign, we launched a report on the $u$tainabilily of animal4erived fashion. This report was an innovative, data driven exF)osé into the fvll cost of fashion lo the planet and was shared widely by the Fashion and Su$18inability All-Party Parliamentary Group IAPPGI. In June, we were thrilled to See Nike finally commil to going mulesing free, after mobili*ng over 10,000 people to write lo them with their concems. We also secured 5.000 pledge8 to Wear It Kinfj arKI a further 25,000 signatu￿$ for our pety'lion lo end mulesing. Outlook 2024 FOUR PAWS UK will conts'nue to r8188 awar8ne58 with the Publ￿ and engage with the Govemm8nt and political stakeholders on famied animal Welfa￿ policy in 2023. Since the Government's disappointing decision lo drop the Kept Animals Bill, we were thrilled to see 8 new single issue Govemmenl Bill introduced that will address livestock exports in the next Parliamentary session, 80 we will Support the passage of this Bill at every slage as il progresses Ihrough the Parliamentary proce83. FOUR PAWS UK wlll continue to push for a consultation on the caged keeping of farmed animals, call ft)r core animal welfare standards in UK trade policy, ensure the safe passage of Ihe Animal Welfar9 {Live8tock Exports) Bill through Parliament, and support calls for animal welfare labelllng schemgs. W8 will also continue to work with partners on., the Scoth'8h Food Coalition to support tho succe88ful implementslion of the Good F¢)od Nation Iswtlandl Act 2002 and feed inlo consultations on the Scottish food plans., • the TAWC to re8F{￿d lo new Freo Trade Agreements lo ensure they consrder the impact on animal Welfa￿ Standards in the UK.. the Eating Better Alliance to add￿￿ animal welfare in food procuremnt, the rise of 'mega farms, &ross the UK and help drlve forward a strategy to address the rise in chicken farm8'. the Planl-8ased Food Alliance to work wllh Government to support initiatives that encourage meal reduction,. the Wildlife and Countryside Llnk coalition to collatsorale on animal Welfa￿ legislation and formulate a strategy to end factory famiing that will address animal welfare, climate mitigation, pollution, and envir¢)nmental protection goals. We b81ieve that collabaration is key to securing better animal welfare and meal reduction goals in national and devolved food, agficulture, and trade policy. We wll algo allend paty conferences and continue efforts lo secure commitments for animal welfare policies in 811 political paty manifestos 8head of the next general election. In May, we wll co-host a event to engage wth all parties on animal welfare. under the theme of #Animalsmatter. FOUR PAVVS UK 14 Trustees, report 31 December 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 (conlinuedl Famiod anlmal8 and nutrltlon Icontinuedl Outlook 2024 {conbnuedl FOUR PAWS UK will Gontinue to Communicate about the Pandemic Treaty across our channels and work wlh the Government as negotsations on the pandemic instrument come to a head and support the launch of a new global climate industy action campaign tater in the year. We ￿11 contr'nue lo mobili8e the public to respond lo planning applicationg for new factory famis to help prevent a rise In Intensive farming natiorwide. FOUR PAWS UK will continue to engage with brands lo impfove their animal welfare policies and we wll also support the laun¢h of a global invests'gation into the practice of mulesing, an exposè into the impact of supermarket fashion on animal welfare and potentially begin engaging wth faSh￿n gchcol8 acro88 the UK. Wlld anlmals Background As 8 nation of animal lovers, the Government has committed to improving the 8tand8rd of anlmal welfare of wild animals in captivity and those impacted by human activity. FOUR PAWS UK strives lo provide the best evidence and expertise lo decision mak8r8 in ord8r to challenge and improve policies for animals including by advocating to ban the keeping of prlmales as pel$. for improved zoo animal welfare, lo ban the import of hunting trophies and the import and sale of fur, and lo readd￿$ our T8lation8hip with animals and efKI high rlsk pra¢ts'ces In the ￿ldlIfe trade a8 part of pandem￿ prevention. Historically the UK office has 8UPPOrted the work of the $an¢luary deparbrent to end bear farming for bile in Hanoi and supported lo work of FOUR PAWS Inlernalional's big cat trade Campaign, as well as promting animal-friendfy tr8vel via our own #TravelKind campaign. Impact and outcom This year, the Government dropped the Animal Welfare (Kept Animals) Bill, Nthich would have ￿￿9h1 about a ban on the keeping of primates as pets. We fed extensivety into con8ultab.ons on this topic. and it was later announced that this will now be addressed in secondary legislation. Also, this year, we supported the paswe of Henry Smith MP'S Private Members Bill, the Hunting Trophies {Import Prohibition) Bill, which sought to ban the import of hunting trophies into the UK frorn Species listed in existing Wildlife Trade Regulations, except if excluded by the Government, and from any other species to be sèt out in regulations. We held dropin events in Parfiamenl wth coalibon partners to bfief MPS and Peers and supported the passage of this Bill al every slage. De8Plte the Bill attracting Govefflment 8UPPOrt, il fell in the House of Lords. In D8cember, a new Private Members Bill was tabled by John Spellar MP lo revive this issue and we are supports'ng this Bill through Padiament. FOUR PAWS UK 15 Tru8tee8' report 31 December 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 {conlinuedl ild anlmal8 (continued) Impact and outcom05 IcontlnueOI In total, 15.000 emails were Sent to MPS throughout the passage of the Hunting Trophies Ilmport Prohibition) Bill. To ffiJrther highlight the importance of this Bill we also c￿hOSted various offiine demonstrations on this topic, secunng significant cross-paty support. We also collaborated wth comic book illu5tralors Rewriting Exts'nction to produce creative assets lo further engage the public on the Bill once il had fallen in the Hou8e of Lords. This graphic received over 4,000 engagements across our social media Ghannels, hely'ng lo raise additional public awarene8s and support for a ban on the import of hunting trophies. In September, the Animals {Low-Welfare Activities Abr08d) Act was passed, which will help lo secure high animal welfare standards both here in this country and abroad, by prohibiting th6 sal8 and advertising of cruel expgnen¢es like elephant rides and animal 8h¢)W8. K•y actlvhl•8 Ilncl. cooporatlon•) 2023 In January. we Covhosled a partiamentary reception to celebrate 20 years since the Fur Farming Act 2003 came into force which closed the last remaining fur farms in the UK lor We uséd this anniversary lo call on the Gov8mmenl lo table legislatson to ban the Import and sale of fur to achleve a truly fur Iree Bri18in, and to lake the first step of publishing the summary responses from the 2021 call for evidence on thi8 issue. We launched a new reryjrt on the UK fvr Ir8de, a cross-party MP letter of support and government e-pelition, which secured almost 70,000 signature9 and triggerèd a debate on the issue in June. Thi$ debate demonstrated cros3-party support lor an import and sales ban, and saw the Govammenl promise lo continue to build the evidence base on fur, and as part of this experts from the Government's Animal Welfare Committee IAWCI wll 'consider the issue of responsible sourcing in the fur industry, including the animal welfare standards and safeguards that apply lo fur imported into this country, as part of their 202312024 workplan. Throughout the year we have also mobilised over 4,000 supporters to engage with Ihelr MPS on the need for a fur fr8e Britain. and a further 2,000 lo write lo DEFFIA asking them to publish the ¢)verdue reSp￿Se5 to their 2021 Call for Evidence on the UK fur trad& conducted over years ago. Following a partnership with comic book illu8tralors Rewrib'ng Extinction. w& Fyoduced a creative a88el to fvrther engage the publlc on the issue which secured over 11.000 engagements on social media. We also partnered with a poet. Tom Foolery, to produce a beautiful campaign film, which secured almost 80,000 view8. These creative assets helped us to continue to raise public awarenes5 on the need to secure a fvr free Britain. FOUR PAWS UK reswnded lo several calls for evidence and con$ultats"on$ on n legislative proposals around captive primate Stsndards of care, as well as devolved bioJiver%ty framework strategies. FOUR PAWS UK 16 Trustees, report 31 De￿rnber 2023 ACHIEVEMENTS AND PERFORMANCE IN 2023 Icontinuedl Wlld 8nlmals Icontinuedl Key actlvltle8 Ilncl. cooporotlon•) 2023 Iconlinuedl In the Autumn, over 1,C4JO 5UPPQrters were mrtiilised into writs'ng to the Prime Minister regarding their concerns about the Kept Animals Bill. Despite the Govemm8nl's decision to drop the Bill in June this year, it was assured that key legislat￿n, such as banning the keeping of primates as pets, would be addressed in Secondary legi$18tson under the Animal Welfare Act 2006. Algo in the Autumn, we launched a supporter action asking all MPS to ensure animal welfare policy Improvements are included In their politlcal party's manifesto, vthlch Saw over 6,000 email8 sent to MPS aGross all parties, reminding them that #AnimalsMatl8r. We also organised a Coalrtion Stand at the Labour Party and Conservativ8 Party conferences where we engaged wlh the Govemment, MPS, and CourKillors on animal welfare policy issue8 under the umbrella messaging of #Animalsmatter. On $o¢ial media, me88aging around animal-frfendly travel conlinueg to be $hared, wllh over 5,488 $upportefS taking the oath to ￿rave1K1nd lo dale. We also celebrated the launch of our roadmap to ck>sing prlvale keeplng eslablishmenls for tlgers and other cats al CITES (the conventi1￿ on Intemational Trade in Endangered Species of W'ld Fauna and Floral Conference of Parties 19 and ralsed awarene88 of the #RuththsTrade of ligers acr￿9 Europe. Oudook 2024 Follwng the disappointing decision to drop the Kept Anlmals Bill, we will closely monitor the Government's prog￿$5 on $ecunThJ a ban on the keeping of pnmates as pels in Secondary legislation by 2026. We will wnty'nue lo work with MPS and the Govemmonl to advocate for the safe passage to Royal Assent of John Spellar MP'S Hunting Trophies IlmFQrt Prohibition) Bill. To continue our work to 8ecure a fvr free Britain, we will publish and launch a new report on the detn"mental Imp8Ct of fur on the environment and expose the greenwashing attempl by the industry that claim high Welfa￿ fur is a sustsinable fashion option. We will also look to research in more detail the fur trade within the UK, explonng where fur is going lo once irnported and, if possible, finding out who is directly profiling from this trade. Using this research, we will continue lo call on MPS and the Govemment to ban the import and sale of fur to erKI our CoMpl￿lty in the Gruel global trade. We will continu8 to raise awareness of.. the environmental, pandemic health risks and animal welfare issues associated with the fvr trade, the pandemi¢ risk associated with the wldlife trade to secure animal welfare wording in the UN pandemic treaty, FOUR PAWS UK 17 Trustees, rnport 31 December 2023 ACHIEVEMeNTS AND PERFORMANCE IN 2023 Icontsnued) Wild animalg Iconlinued} Outlook 2024 {conlinuedl the big cat trade in South Africa and the need for CITES to better address the wildlrfe trade and its aSs￿lated pandemi¢ nsk,. and the farming of bears for bile in Hanoi. Additionally, we wll mobilise our gUPPOrter8 to take action to help secure stronger polltscal and corporate policies for animal welfare. We will a190 attend party confèrences and allempt to gain commitments for animal welfare policies in political paty manlfestos ahead of the next general election. Post election, we wll engage wlh all newly 81ected MPS on our key animal welfafft priorities. FINANCIAL REVIEW FOUR PAWS UK had another suC￿$ful year and contsnued to b8 SUPPOrted by our generous donoryJ. Wth strained global supply chains contrlbutsng to cost of living challenges. and continued inflationary pressure, we have witnessed an impact on Ihe disposable income of our donors and supporters. Our total income for the year wa8 £4.42m. an increase of £0.037m against 2022, repr8senting a 0.80A increase. The tolal expendllure for the year was £4.36m, an incr8asa of £0.463m against 2022. Through our continued investment In our DRTV advertising. we recruited nèw doftor8 and increased our regular giving income by 9'h lo bring in £1.58m to support the diversification and future 8uslainability of our income streams. Legacy income increased by £0.407m to £1,46m due Sn-part to an excepts'onally large individual donation. Our Gift Aid income for the year was £0.248m, a d￿rease of £0.168m 8g8in$t 2022 following the prior-year exercise performed lo repair gift aid declarations that had not been included in previous Submission to HMRC {includlng gift aid for prlor years). Income from our Major Donors remain consistent during the year by contributing £0.352m lo our total income (2022 £0.354m). The Irnp￿t of the co8t-of-living crisis and th& effect of delays experSenced in some regional postal services earlier ir) the year contributed lo the 31 % fall in income from our direct mail cash appeals. This brought in £0.37m'l2022 £0,53ml. Total nel Surplus decreased by É0.428m. This reflected in part by the increase in our grant payment lo VIER PFOTEN Intemational, to support the FOUR PAWS global mission to REVEAL, RESCUE, and PROTECT by fijnding sanctuaries, projects, and campaigns. The year finished with a nel Surplus of £0.059m, compared to £0.486m in 2022. We are showng unrestricted fund$ of £1.9m at 31 December 2023 {2022 £1.83ml. Restricted funds balance was £27k12022 £33kl. FOUR PAWS UK 18 Trusts&g' roport 31 December 2023 FINANCIAL REVIEW (continued) Investsnent powers and policy As required in ils Memorandum, FOUR PAWS UK has the power to invest monies not immediately required for its purposes in or upon such investments that may be thought fit. All surplus funds are held in interest bearing accounts. Our priority continues to be the security and availability of our funds and we hold these with UK institutions Nmth Strong credit ratings. Re8orve8 poIIcy FOUR PAWS UK may hold the follow*ng categories of financial re8efves'. • un￿tricted ￿serveS - fvnds generated by donors who do not stipulate how the income Should be spent,, and • restricted reserves - fvnds to be applled towards the specific purpJ8els) intended by the donors. The Twsteeg, policy is tt) ensure that unre8trict8d funds are exp8nd8d 85 803n as pos¥Sble. while guaranleeSro that resources are used effectively. It Is also the Trustees, intention to hold sufficlent reserves to cover any temporary shortlall in incom8. unforeseen rise in spending reqU1￿MentS or other financial contingency so that the charity can continue lo oper8te at any lim8, provida fundlng to partner8 and also ensure the continuity of Committed progr8mme work. Each year the Truste89 consider the approprlate level of unrestricted rèserves. They review FOUR PAWS UK'8 requirements and consider Ihe likelihood of these financlal contingencies and the irnpact they might have. The largel level of these reserves was reviewed during 2023 and has been maintained at 8 month's operab'ng costs. The unreslricled reserves at 31st December 2023 stcod at £1.9m 12022 £1.83m} an increase of £0.66m against the previous year. After excluding the net book value of the tangible fixed assets. the free reserves are £1.9m. This has exceeded the target set by the Trustees. We will use the ?urplu$ funds from this year to further Support FOUR PAWS UK campaign and project acb'vitie8 during 2024. A88•88m•nt of golng eoncorn The Trustees have assessed ￿ethe1 the us8 ol the going concern a8sumption 18 appropriate in p￿paring Ihese financial Statements. The Tru5tee5 have made this assessment in resFecl to a Feriod of one year from the date of approval of these financial statements and have a reasonable expectation that the charity has adequate resour￿$ to continue in operational existence for the fO￿Seeable future. The most significant areas of judgement that affect items in the accounts a￿ detailed in the 8CCOUnting policy regarding cntical a¢counling estt'males and areas of judgement. FOUR PAWS UK 19 Trustees. report 31 D￿ernber 2023 FINANCIAL REVIEW (continued) A••e•gm•nt of going con¢om l¢onlinuedl A$ set out in the accounting poli￿e8 under "going concern. arKI in the plans for fijture periods section below, the TnJ$lees have considered the wder financial uncertainties and taken l¢)Jelher with understanding fvrther ¢urrent global economi¢ insecurities. Due to the escalating geowpolib'cal and inflationary consideration and how these may impact donors, propensity lo give and any Subsequent potential effect on the charity. The Trustees have concluded that a1lhc￿gh there may be some negatwe consequen￿, it is appropriate for the charity to continue to prepare accounts on the going wneKm basi8. PLANS FOR FUTURE PERIODS FOUR PAWS, as part of the wd8r FOUR PAWS Internation81 ne￿￿rk for animal weKare, has signed up to a long-tem strategic direction lo 2025, which lays out the ¢ore aclivits•s that are covered by our organisat￿nal signature REVEAL-RESCUE.PROTECT.' REVEALING mean¥: • Exposing poor living conditions, anim81 abuse, and the perpetrators through investigations, making individual suffering visible in order lo tell the story of abuse and reach the hearts of people, • Rai8ing awarene8s through communution, campaigns, and educational work lo create empathy. We change the ￿rCeptI0Th of animals and consumer behaviour toward8 animal-friendly Shop￿ftg chc4ces. • We identify pressure points lo shift power in favour of animal welfaffj. We change Industry and legislation - moving th8 one to take the other one lo￿ard. The solutions we offer are Sustainable and based on ethical considorafjons as well as Ihe Precautionary Pnnciplè. RESCUING moan8: • Identifying situations where animals a￿ In urgent need and saving them in order to end their suffering. Our rescue missions include First Aid. Medical Help, and Food and Water Provision, • Taking action by identifying drivers of change, Campaigning to end the suffering, and changing consumer behaviour. PROTECTING m•an8: • Building aThJ managing $8nctuarie8 so that we can provide species-appropriate environments for our rescue animals. FOUR PAWS 5anctuatEs serve as educational hubs lo raise awareness for animal welfare and speries-$pecific needs. • ProvKling stray animal care lo help protect them from inhumane treatment and living conditions and co-operating with shelters to provide care for animals in need and if possible, to find them responsible homes. FOUR PAWS UK 20 Trustee¥. report 31 December 2023 PLANS FOR FUTURE PERIODS Icontsnued} • Defining, implementing, monitoring, and further developlng our animal weware quality 8tsndard$ according to the latest scienlthc knowledge. This applies lo all our facilits'es, campaigns, missions, and projects. c￿atIng Sustainable change by campauning for industry commitments and legislats've changes to protect animals dunng every stage of their live8. • Driving change for more animal-friendly consumer behaviour. Safety of staff, visitors, and animals is of the utsnost priority in our animal welfare Projects and activities. FOUR PAWS 38 In December 2023 we launched a new project called FOUR PAWS 38. which involves comprehensive review of our global strategy and our organisalional slruclure, lo ensure that we are fit for purpose to deliver our ambili¢Jus plans lo create systemlc change arKI improve the lives of animals. FOUR PAWS 38 is a ￿year project due to be completed by the end of 2024. From 2025 orwards. we ¥MII be implementing our new global $1r8tsgy, which will progress the organisalion to 2038. STATEMENT OF TRUSTEES. RESPONSIBILITIES The Tiustees {who are algo difectors of FOUR PAWS UK for the purposes of company lawl are rèsponsible for preparing the Trustees, report and financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted AccounlirKJ Practicel Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view,of the Stale of affiirs of the charitable company and of the incoming resources and applic*ion of resources, including th8 income and expenditure, of the charitable company for that peric#J. In preparing these financial stslements, the Trustees are required lo.. select suitable accounting policies and then apply Ihem consistently • observe the methods and principles in the Statement of Recommended Practice {Accounting and Reporting by Charits'esl Ilhe Charities, SORP) make judg8m&nts and estimates that are rèasonable and prudent • State ￿ether applicable United Kingdom Accounting Standards have been followed. subject to any material departU￿S disclosed and explained in the financial statements; and • prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charitable company will ¢￿tinUe in oFeralion. FOUR PAWS UK 21 Trustees. report 31 December 2023 STATEMENT OF TRUSTEES. RESPONSIBILITIES (continued) The Trusteès are responsible for keeping proper ￿CoUntIng records that dlsclose with reasonable accuracy at any ts.me the financial ￿Sition of the charitable company and enable them to ensure that the financial statemen1$ comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for tskn'ng reasonabK8 Steps for the prevention and detection of fra￿1 and ott)er irregularibes. Each of the Trustees confims that.. • 80 far as the Trustee is ware, there 18 no relevant audlt inf0m￿tion of bthich the charitable company's auditor 18 unaware., and • the Trustee ha$ taken all the steps that helshe ought lo hav& taken as a Trustee in order lo make hims81flher8elf aware of any re5evant audit information and lo establish that the charitable company's auditor Is awa￿ of that inf0M￿tiOn. This confirmation is given and should be Interpreted in accordance Imth the provlslons ol $418 of the Companies Act 20C6. The Trustees are re8ponsibl8 for the m8inlenanc8 and integrity of the corporate and financial information included on th8 charitsble company's webslle. Legislation in the United Kingdom goveming the preparation and dissemination of financial statemen18 may differ from legislation in other jurisdicts'ons. By order of the T ustees.. J31041a024 Chair of Truste losef Pfabigan FOUR PAWS UK 22 Independent audltor'8 feport 31 D￿mber 2023 Independent audltor'8 roport to the membor8 of FOUR PAWS UK Oplnlon We have audit8J the financial Statements of FOUR PAWS UK (the 'charitable company,) for the year ended 31 Cwmber 2023 which compris8 th8 Statement of financial actsvities, the balan￿ sheet, statement of cash flows, the principal xcounting policies, and the notes to the financial statements. The financial reF￿rts.ng framework that has teen applied in their preparation is applicable law and United lQ'ngdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable In the UK and Republic of Ireland. (United Kingdom Generally Accepled A￿oUnting Practice). In our opinion, the financial 8talements-. give a true and fair view of the 81ate of the charitable company's affairs 88 at 31 December 2023 and of its income and expenditure for the year then ended., have been properly prepar8d in accordance wth Unlted Kingdom Generally Accepted Accounting Practice,. and have been prepared in xcordance with the requirem8nls of the Companies Act 2008. Ba•18 for oplnlo We conducted cur audit in accordance with Inlemational Standards on Auditing IUKI IISAS {UKII and applicable law. Our re$ponsibi1rt188 under those standarcls a￿ further described in the auditor's responsibilities for the audit of th8 finanaal statem8nts section of our repjrt, We are independent of the charrtable company in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilitias in accordanc8 with these requirements. We bélieva that the audit ovidence we have obtained is sufficient and appropriate to provlde a basis for our opinion. Conclu8ion8 r•l•ting to golng concern In auditing the financial slatemenls, we have concluded that the Trustees, use of the going concem basis of accounting in the preparation of the hnancial Statements 18 appropriate. Based on the work VR have Ferformed, we have not identified any material uncertainties relating to event5 QT condits'ons thal, individually or collectively, may cast significant doubt on the group's or the charitable parent company's ability lo continue as a going concem for period of at least ￿e1ve monlhg from when the financial statements are authorised for issue. Our responsibilities and the re$pon$ibililie3 of the Trustees with respect to going concern are described in the relevant sections cf this report. Other Infomiatlon The Trustees are responsible for the other information. The other infomiation comprises the infomialion included in the annual report and financial staternents. other than the fi'nancial statements and our auditc*s repcrt thereon. Our otj'nion on the financial statements does not cover the other information and, ex￿p1 to the extent otherwise explicitly staled in our report. we do not express any form of assurance conclusion thereon. FOUR PAWS UK 23 Ind•pendent audito￿8 report 31 December 2023 Other infomiation Icontsnued) In connection with our audit of the financial statements, our responsibilrty is lo read the other information and, in doing 80, consider whether the other infonnation is materially inconsistent with the financial statements, or our knowledge obtaiwj in the audit or othe￿iSe appears lo be materially misstated. If we Klenlify such material inconsistencies or apparent material misstatements. we are iequired to deterrnine whether the￿ is a rnalerial misslatemenl in the financial statements or a material misstatement of the other information. If, based on the work we have perfomed, we conclude that there is a material misstatement of this other information, we are required to repjrt that fact, We have nothing to report in this regard. Oplnlon8 on other matter8 pre8Grlb8d by the Companles Act 2006 In our opin￿n, based on the wort( undertaken in the course of the audit.. the infom18bon given in the Trugtee$' report, ￿lch is al80 the directors, report for th8 purpos88 of company law, for the financial year for which the financial 8tatemenls are prepared 18 consistent with the financial slaternenls; and th8 Trustees, report. which is also the directors, report for the purposes of company law. has been prepared in accordance with applicable legal requirements. Mattorn on whlch we are r•qulrad to rnport by •xceptlon In the light of the knowledge and understanding of the Charilable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Tru8lee8' report. We have nothing to report in wpect of the following matt8rs in relation to which the Companieg Act 20r￿ requires US to report to you if, in our opinion., adequate accounting records have not been kept, or retums adequate for our audit have not been recaved from branches not visited by us.. or the financial slalements a￿ not in agreement with the accounting re¢ord$ and returns,. or certain disclosures of Twslees, remuner8tion specified by law are not made,. or we have rKJt received all the informakn'on and explanations we require for our audit,. or the Trustees were not entitled to prepare the financial statements in accordance wilh the small companies regime and lake advantsge of the small companies, exemptions In prepanng the Truslees, ￿pOrt and from the requirement to prepare a strategic report. Responslbllltles of Trugteeg As explained more fully in the Trustees, responsikn'lilies statement, the Trustees (who are algo the directors of the charitable company for the purposes of company lawl are responsible for the preparab'on of the fi'nanaal statements and for being satiSf￿d that they give a true and fair view, and for such internal control as the Tfustees determine is necessary to enable the preparation of financial statements that are free fmm material misslatemenl, whether due lo fraud or error. FOUR PAWS UK 24 Indo￿Thdent audllor's report 31 December 2023 Re8pon8lbllltle8 of Tru8tee8 Icontinuedl In p￿parIng the financial slatemenls, the Trustees are responsible for assessing the chaiitable company's abilty lo contsnue as a going concern. disclosing, a$ applicable, matters related to going COn￿M and using the going concem basis of accounbng unless the Twstees either intend io liquidate the charltable company or to cease Operat￿)n8. or have no realis￿ altemabve but to do 80. Audltorfs rn8pon8lbllltle• lor the audlt of tho flnancial ststsmonts Our objeclives a￿ lo obtain reasonable assurance atout whether the financial statements as a whole are free from material misstatement, whether due lo fraud or error, to issue an auditols rewt that includes our opinion, Reasonable assurance is a high level of assuranG6 but Ss not a guarantee that an audit conducted in 8cwrdance with ISAS IUK) will a￿ayS delect a material misstatement when it exists. Misstatemènts can arise from fraud or error and are considered matedal if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial 8talements. How tho audlt was ¢on$ldored Capablo old•toctlng Irregularftles Includlng fraud Irreguladtles, includlng fraud, are Instances of non-compliance with laws and fegulalions. We design procedures in line with our responsibilities, outlined atove, to delecl material misstatements In respect of Irregularili88, including fraud. Th8 extent to which our procedure8 are capable of detecting irregularities, including fraud, 1$ detailed b810w'. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non4ompliance with laws and regulations, was as ft)IIows.' The engagement partner ensured that the engagement team Coll￿tsV81Y had the appropriate competence, capa￿.11118$ and skills to identify or reMgnise nonyear 8traight Ilne Fixtures and fittings year straight lin8 Only a68ets costing £3C4) or above are capitalised. Flnan¢e ha8e• Assets obtained under finance leases are capitalised in the balance sheet. These a depreciated over their estimated useful lives or the lease tenn. whichever 15 the shorter. The interest elemanl of these obligations 18 charged as an expense in the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability. FOUR PAWS UK 34 Nots8 to the flnanclal statements 31 December 2023 1 Donatlons and legacle8 2023 TJramm8 and support for shelters, working with other Iccal partners. A8 the number of stray animals in the embalued streets of Ukraine rose we were there to help. Initsally helping with food and shelter for refugees and their pets at key border points, soon followed by delivering much needed frjod and care lo aban¢Joned pets and injured stray8. Also vi181 food supplies to Kiev zoo and other animal sanctuaries. Even r88cuing bear8 through our Bear Sanctuary Dom8zhyr in Lviv. LIOM Rock S•n¢tu•ry, SA (2022) Our bvj cat sanctuary LIONSROCK was founded In 2008, Today, many of our rescued lion9 are more than 15 years old, and with age come joint issues, weakness, and fatigue so the animals, needg adapted conditions. Instead of huge enclosures, rocks lo climb on, and sleep sloFeS, the aging inhabllanls need a flat. clearly structured environment. Plafforms that many animals use to enjoy a 8unbalh now need flat ramps to be accessible. There are also many feeding costs associated with the 200 Big cats that we care for there. The generous gift receivod from one of our individual support8 goe8 ttrwards these care costs. USAVA ¢ollèboratlon Ukralnlan SmallAnlm•l Veterlnary Asso¢l8tlon (2023) Allhcugh many Ukrainians fled the country since the Russian invasion, plenty of people also stayed behind. Either because they have no other choi￿, or tecause they do not want to 18av8 their country, their home. Veterinarians stayed t%8hind to wnllnue Ihelr much-n8eded work for animals in need. They continue their work in wartime. under difficult conditions, when there may be no water, no electricity. and when there are more animals in need than ever before. This is a huge challenge the Ukrainian Small Animal Veterinary Assoejation (USAVAI 1$ an umbrella organization, uniting many small animal veterinary practices in Ukraine. At the end of 2022 and 2023, with funding from FOUR PAWS and a grant from Animal Friends Insurance USAVA contracted 3 private veterinary clinics in 3 cits'es most affected by the current war. FOUR PAWS UK 41 Notes to tho Ilnanclal Statements 31 December 2023 11 Movements In funds (continued) Stray Anlmal Care, Europe (2023) FOUR PAWS veterinary and care teams, deliver Stray Animal Car8 programs in Rornania. Bulgarra, and Ukraine. In close Gollaborab'on wrth our Community Engagement unit, they humanely reduce the nUM￿r of animals on the streets through Spaying, neutenng, and release projrammes and improve their quality of life. Our corporate donor Kong company dog toys, er￿J￿rage play, satisfying dogs, inslinclual need8 and strengthening the bond be￿een diig and pet parent. Support for Bears (2023) FOUR PAWS focuses cn the welfare of brown bear5 in Europe and Asian black bears in Viètnam. We al80 rescue bears from crisis regions and disaster areas. We have a number of 8pecie8-appropriale Bear 8ancluafles based in Europe and Southeast Asia, and for the bears we rescue and place into thoge ganctuarles we NMII care for them ft)r the remainder of their lifè, We have also worked In collab￿allOn with Ic¢al authorities lo treat b8ar8 in their care, neuter lo prevent bréeding and providé advice on how lo improve V￿lIbeing. Con8tructlon of now doghou8• •t Paws for Compasslon / P•w8 Intemaflonal Cllnlc, Vlotnam (2023) Paws for Compassion IPFCI ig one of two organisalions FOUR PAWS partner8 wlhin Vietnam. PFC was founded in Oa Nang, Vietnam by ￿ animal enlhuslasts and eOu¢alors, who saw the need for animal education in the reg￿n. The OTganEation Seeks lo inform and educate individuals about animal cruelly taking place within their eommunities. The program is aimed at young people, with the intent of informing them about humane Paws for Compassion serves the community by promding a safe haven. medical treatmonl, arKI ￿habIlrt?t1on lo help Stray dogs and cats before finding them loving forever homes. The organizatlon also works with the veterinary industry to improve companion animal cara. FOUR PAWS runs the Cats Matter Tc4) prtrjram in partnership wth Paws for Compassion, aimed al improving the situation for cats living in Central Wietnam. Under the programme, activities include education workshops. foster training, rescue acb'vities, and spaylneuler, vaccination & medical treatment services. The prcgramme does not cover the rescue and care of dogs and therefore additional funding was sought to help PFC with the ¢onstru¢tion of a new dog house, Whe￿ dogs can be cared for unts'l they are adopted. An available plot of land for construction provhled the opportunity for PFC to design the new dog house to exactly meel requirements, ensuring it is a safe, secure environmenl for the dogs. The plan allowed PFC to fence and $M￿th out the ground from the entrance of the house, so the doors would be opened and allowing the d(>Js lo head straight out. Many of the ￿SIdent dogs enjoy being outdoors but in the Case of handicapped or other 3s with mobility issues, there was a need for someone to always be there to prevent them dragging themselves and potentially causing injury due to the uneven surtace. This Spa￿ provides for a larger disabled dog area, giving them rn0￿ opportunity to be outside without having to be in their wheelchairs. Wth the generous donation, it means they can relax and get fresh air. FOUR PA￿ UK 42 Notes to the flnanclal 8tstements 31 December 2023 11 Movernonts In fvnd8 (continued} Cats Protectlon Grant- Project Kishka, Ukralne (2023) FOUR PAWS has been helping 'homeless pets, in Ukraine for over a decade, ￿th the first stray animal care acbvities being carried out by our local veterinary team in Ukraine and mobile clinic in 2012. in response to the mass brutal culling of stray dcgs (which was legally allowed at the lime} in preparation for the UEFA fcotball championship in Kylv. Follo￿ng this, we cnnlinued our work lo help stray 8nimals across the county and support municipalit￿S wth humane stray animal care projects. In 2022 Russia invaded Ukraine and whilst our work was briefly interrupted, we were subsequently able lo refocus and adapt the way we worked lo ensure we could continue helping thousands of stray animals in Ukraine. This has t*en achieved both through strategi¢ partnerships 10¢8lly and our dedicated teams in Ukraine who have continued to work through extremely difficutt circumstsnces. Our work has meant that throughout the war we have provided life-saving work for strays, abandoned p8t d(>Js and cats; support for refuge83 and their pets.. as well a8 provide help to animal Shelters in Ukraine which are struggling to take care of their animals due to high intake nUM￿￿r$, low adOpt￿n rates and lack of food and medical supplies. Imiile we aim to deliver sustainable and humane stray animal eare programmes In Ukraine our focus dunng the war ha8 had lo bè on delivering emergency relief. We have been provldlng emergency ald response to protect the anSmals bmthin our established programme8 bul have al80 launched new projects lo help the many companlon animals in need. Since the war, we have implèmented projects lo $leriliie, v8ccinale and treat dogs and cats in Var￿U9 ways. One of these projects is the unique Project Kishka, (Kishka mean8 'female cav in Ukrainian). Launched in October 2022 this propct is fully dedicated lo hel￿ng the stray cats of Ukraine. Before the war, many Communal Enterprises (municipal entities responsible for stray dog management) throughout Ukraine carried out ma55-slerilisation projects for stray dogs. Since the war began, NGO'S have tsken on these programmes and without 8 focus on stray cats. numbers have increased. With these Increasing cat populations, 11 is important to not only manage and stabilise number9 but also to help cats impacted by war. With a clear gap in programmatic work with a cal focus., Project Kishka was created to address this. FOUR PAWS works in cooperatson with existing proieGts of the Communal Enterprises, using their premises ar￿ infrastructure. Local veterinarians a￿ recruited, trained and $upetvised by FOUR PAWS experienced veterinarian. overseeing the quality and coordination of the Fxoiect. Project Kishka is carried out in differenl locations in Ukraine simultaneously and costs for the project, such as training, salaries, medution and equipment, are covered by FOUR PAWS and a generous grant ieceived from Cats Protection. FOUR PAWS UK 43 Notes to the flnanclal sLitsment8 31 December 2023 11 Movement8 In funds Iconts'nuedl Sanctuarles- P•trons (2023) FOUR PAWS sanctuaries offer a safe haven for reseuèd animals, providing more than 150 bears and over 130 blg cats a lrfe4ong in a near-nalural habitat. Patrons support enables FOUR PAWS to provide sanctuary and safety to animals and ensures that all our animals have the care and supplies they need. from urpnt emergen¢y care io everyday needs such as fotsj. ponds and enrichment. FOUR PAWS are constantly working lo improve the quality of life lor animals in our care. By enhancing current enclosu￿$, expanding ac￿5 lo natural habitats and the S8nctuarie$' overall capacity. Through the generosity of our Patrons their grfts are being dlstdbuled amongst our 5anctuarieg where the need 18 greatest. 12 An•ty81• of not a88•ts botwmn fundo Total 2023 R••trlct•d Unrn•trfctod Tangible as6el8 Current aS￿lS Current liabS1rtie3 LiAbthit1•8 du• in mora than year 15.031 15,031 2,064,470 2,091,J24 1174.1541 1174,1541 16041 18041 1,904.743 1,931,797 27,054 27,OS4 Tolgl 2022 ResliiGted Unmsthrt8d T&ngible assets C￿￿ent assets cunvnt1i80ilit￿s Liabilillos due in more than one y88r 21,070 21,070 1,928, 787 1,961,884 (709,9801 (109,9801 (1,087) 11,087) 1,838, 790 1,871,887 33,097 33,097 13 Tran¥actIO￿ wlth and r•lated party tran8actSon8 None of the Trustees received any payments in 2023 (2022 - none) as reimbursement8 for travel costs. No other remunerations or expenses were paid to the Truslees or perwns related to them. FOUR PAWS is part of the wider VIER PFOTEN Intemational nthoTk with office8 in Europe, Africa, Australia, and North America. Every FOUR PAWS office ig constituted anfj registered as a legal enlily in the local country as required and has a licence to use the FOUR PAWS trademark. The offices carry out a range of animal welfare and fundraising a¢tivitie$ united under one global FOUR PAWS Strategy, Individual county Strategies and plan5 are developed in consultation with and approved by the Trustees of FOUR PAWS UK. Three of the UK Tnjstees are also in key management positions at VIER PFOTEN Intemational.. Josef Pfabigan (Chief Executive Officer}, Luciana D'Abramo Ichief Development Officer) {apF(¥nled to FOUR PAWS on 30 March 20211 and Gerald Dick (Chief Marketing Officer). FOUR PAWS UK 44 Nots8 to the financlal statements5 31 Decemter 2023 13 Tran￿CtIOnS Trusteu and related party tMnsa¢tlon$ l¢onlinued} FOUR PAWS UK'8 IT Support I ne￿ is provided by VIER PFOTEN Intemational. We al80 report on HR issueg to Personnel at VIER PFOTEN Inlemational. During the year payments totalling £619,405 (2022.. £468,511) were made lo VIER PFOTEN International and grants of £27,408 wer8 rec8ived (2022.. £nill. At the year end, £31.743 was owed to VIER PFOTEN12022.' £nill. There were no other relat&Y paty transaction8 in the year to 31 December 2023. FOUR PAWS UK 45