2021-12-31-accounts

Official COMPANY NUMBER:06035040 CHARITY NL'MBER: 1118277 IIYTEILNATIO.NAL AYIMAL RESCUE (LIMITED BY GIARANTEE) REPORT OF THE TRLSTEES AND FIN.4JCIAL ST.4TF.MI ENTS FOR THE YEAR E￿ry)ED 31ST DECEIMBER 2021 4LRE Dedicated ¢0 ibe rescue and rehabilitatioD of suffering animals IV￿1￿..1￿1trttXtIo￿￿1aniMaIrescue.o

INTERNATIONAL A.Tr*IMAL RESCUE (LIMITED BY GLARANTEE) REPORT OF THE TRUSTEES AND FIYANCIAL STATElfENTS FOR THE YEAR ENDED 31 DECEMBER 2021 CONTF.NTS P3ige Legal and adMini￿ratIve infornjation Repon of the tn]siees 2- 12 Report of the independent audiiors 13- 16 Statement of financial activities 17 Income and e¥penditure account Statement of Comprehensive income Balance sheet 19 Cash flow statemeni 20 Notes to the financial statements

INTEIL¥4ATIONAL ANIMAL RESCUE (LIMITED BY GUARANTEE) LEGAL AI¥D ADMiNIST]L4TIVE INFORMATION Registered eompany number: 06035040 Registered charity number: 1118277 Trustees: P G Bennett M.A. (Honsxcantab) Dip.Ed. (NZ) - Chairman P Cassar BSc{Hons) BDS L Milclla BVCC DipEVDC MRCVS A Bruce Chief Executive Officer: A Knight OBE BSc(Hons) Chief Financial Operating Officer: G Bruce Registered Office: Litnc House Regcnc). Close Uckfi¢ld Easi Sussex TN22 1 DS Statutory Auditors: Clark BroMryJscombe Limited Chartcred Accountants & Statutory Auditors 2 St Andrcws Place LeiN'es East Sussex BN7 IUP Prin¢ipal baDkeT5: The C(koperative Bank plc. 242 High Street Exeter EX4 3QB Solicitors: Bennett, Gri￿1￿ LLP Shelle). House 23 Wanvick Street Worthing West Sussex BNII 3DG Investment Adi'isorn: Rathbone Greenbank Invesu))ents l O Queen Squa Brisiol BSI 4NT Pag¢- I

INTERNATIONAL A￿'IMAL RESCUE (LIIMrrED BY GUARAYTEE) REPORT OF THE TRLTSTF,F.S FOR THE YEAR ENDF.D 31 DECEMBER 2021 11Je Trustees have pleasure in presenting their annual re￿)rt and rtnancial statements for ihe year ended J I st December 2021. Structure International Animal Rescue {IAR) is a company limited b), 8uaraniee and is a registered ¢harity. It 15 governed by its Mcmorandum and Articles of ASs￿latIon dated 2 1st December 2006. The I'ruslees of the chariiable company arc its truslees for the purposes of Company Law. Throughout Ihis report they are collectively referred io as Trustees. Legal and administrative infomiation set out on page I fom5 part of this report. The financial statemenls comply with current slaluiory requirements. the Memorandutn and Arti¢l¢s of Association, the Companics Act 2006 and Accounting and Reporting by Chariiies.. Siaiement of Rccommcnded Practice applicabl¢ lo ¢harilies. Ilistor). #nd Form41ion o( InlernatiODxI Anim#l Rescue (Limited bTr Guaraniec) On I si January. 1008 Ihc nLt asscis of Inicrnaiional Animal Rcscuc ('l-he 'l-ill)¢r l.oundaiion) were Iransferrcd into the company whose ncw charity number is 1118277. Internalional Animal Rescue was origjinally regist¢red with Ihc Charity Commission in 1989 under charity number 802132, which i￿CAMe domlant aftcr th¢ ¢han8c in structure in January 2008. Re¢ruitmenl of Truslees In accordance w iih ihe Articles of Association. the number of trustees shall be no le5S than three but are not subjcci io any maximum. Ncw truslccs may be appoinlcd b). ordinary, resolulion. Every new Irusle¢ shall sign in the minuie book a declaralion of acceptance and of ￿1]1]nSneSS lo a¢1 as a trustee of ihe Charity. Truste¢s are r¢¢ruit¢d a5 required or when a parti¢ular skill gap is idcntified. Trustees ar¢ sel¢¢ted bascd on what they Can coniribuic io the Charit).. Trustees n¢¢d lo bc prepared to take an active part in thc running of thc Charity and thcrcforc need io be able - and willin8 - to give time to the efficienl administralion of the Charity arkd the fulfilment of its objeciives. Prospective trustees are rcquired to consider whether there would be any possible conflicts of interest if Ih¢y w¢r¢ lo be appointed as a Irustee. It is particularly imFK)rtani that the individual is free to make a full ¢onlribution to th¢ trustccs, discussions and decisions. When recruiting new Charily trustees, the existing truslees ensure ihey undcrsland the purposes and aims of the Charity, as well as thcir broader duties and responsibiliiies as tru5iec5 SO that they are able lo explain lo pro5￿Ctiv¢ trustees ￿.hat is required of them. Page= 2

[￿TEll￿A TIONAL ANII¥IAL RE.SCUE {LI.MITED BY GL'ARLNTEE) REPORT OF THE TRUSTEES FOR THE YEAR EINDED 31 DECE,MBER 2021 OrgAnisation and Man8gement In tcrnjs of organisational structure the Truslees are responsible for the siraiegic direction of the Charity, governance and ¢harting performance against ihe budgei which is prepared annually. Investment decisions regarding the funds of the Charity. as well as decisions regarding expansion into new te￿ilorieS are made by the '[ rustees. The Chief Ixccutive is responsibl¢ for the day to day operational management of the Charily, rewrting on progres5 10 the -I'rustees at the scheduled Trustees. meetings. If ihere are cxlraordinary issues thai need ¢0 be broughi to the attention of the Trusiees, extrd meetings are schedulcd as required. The Chief Execulive is responsible for maintaining relaiion5hips wilh partner charilie& $￿ff managemen( recommending projects lo the Trustees and annual financial perfomlance. I'he Chief Executive is supponed by a small management team who are responsible for functional areas wiihin the Charity. Th¢s¢ funclional heads provide periodi¢ rew)rts for the 'frusiees. Arrili*les IniLmaiiortal Animal Rescue is affiliaied and provides fundin8 to several other independent groups. Yayasan IAR Indonesia runs primate rescue and rehabililation centres in Java and Born￿, Indonesia; International Animal R¢s¢ue Cosia Rica runs our wildlife protection effort in Cosia Rica; International Animal Rcscuc USA s¢rv¢s Ihc North American tcrritory with educaiion and infomialion relating to ihe proje¢ts that Inlernational Animal Rescue supports. As a group. the indcpendcni Iniernational Animal R¢Kue Charitics share Common goals and objeciives. P8rtners In addiiion to the atTiliaie group, International Animal Rescue also works very closely with several Int¢rnalional partner organisations. International Animal Rescue is a major fundcr of Wildlife SOS (India) who are responsible for ihc Dancing Bear Project in India. In addition, Inlcmational Animal Rescue providc5 funding for lis panncr Catsstrophcs Cat Rescue. which provides Care for oldcr and unwell cats in the UK. Other partner gTrroups are FPWC (Armenia). British Divers Marine Lif¢ Rescuc (UK), Easi Sussex Wildlifc Rescue and Ambulanc¢ Service (UK), Animal Protection Agency - APA (UK), Goan Strays Ilndia) and Friendicoes SLCA {Indial. Risk Management I'lic -1 rustees hai'e prepared a risk assessment d￿Ument for the Charily. This covers risks regarding data, coniinuity. succession and liability. The trustees revi¢w the major risks to which ihe Chariiy is exposed on 8 regular basis and systems are implcmented whenever possible to miligaie ihese risks. Th¢ Trusi¢¢s believe that thcrc is a satlsfactory system of internal controls whi¢h are also reviewed on a regular basis. Objeetivos For the benefit of the publi¢ lo.. (a) relieve the suffering of animals in need of care and aiten(ion and to provide rescue facilities for the reception. care. rehabilitation and reintroduction back into the wild of such animals; (b) promoie ihe COn￿rI.a110n, protcction and improTr'cmcnt of thc ph)'sical and natural cnvironmcnt and support the development of Susthinable ecosystems. Page: 3

IYTERNATIONAL ANIMAL RESCUE (LIMITED BY GUAR￿￿TEE) REPORT OF THE TRL'STF.F.S FOR THE YF.AR ENDED 31 DECEMBER 2021 International Animal Rescue works with expert affilia￿ and partner groups on projects that will make a significant impacl on animal welfarc and consetvation issues. The Charity engagcs with local and national 8overnmcntS internationally, as support from the stat¢ combined with efforts on the ground gives the various projecis the best chance of success. The main objectives for 2021 were: Ikvelop holistic miligation stralegies to protect wildlife. habitats and the natural environment. Work ￿.]lh Wildlife SOS {India) to provide safe sanctuary for the re￿Ued dancing bears in India and ¢ontinue lo rescue kars thai are threaiened; Support thc rchabiliiaiion and release progrdm of macaques in Indone5ia' Work to mitigate the illegal pet tradc in Indonesia as M'ell as continue ihe rescue. rehabilitation and rcl¢ase of the slow loris.. Continue and moniior the orangutan release programme; Continue the (ireat Bear Rescue programme for Arnjcnia; Develop our wildlife protection work in Costs Ric< Coniinuc to support Catastroph¢s Cai Re￿uC in ihe UK. Continue lo sustainabl>' groM' Ihe UK charily in an ¢￿I¢l¢DI manncr. increasing fundraising capacity wilh minimal increas¢ in overhead. Develop digilal supp)rter strategies io reflecl th¢ importance of digithl media and social network5. Public Benefit In ¢onsideraiion of The Charities Act 2011 definition of charithble purpose. Ihe Trustees of International Animal Rcscue consider ihai ihc objectives and actil¥ities of the Charity are for the public benefil by supporiing th¢ advancement of animal welfare. In setting the programme each year ihe Trustee5 have regard to both the Charity Commission's general guidance on public benefit and the advanccmcnt of animal welfarc forthe public bcncfil. Th¢ -frust¢¢s always cnsure ihat ihc programmcs undertaken are in line wilh the charitable objective5 and aims. The actii'ities. which ar¢ de5¢ribcd in more detail in a separate section bclow, covcr the following charitable purposes for publi¢ ￿ner11. promoling kindness and io prevent or suppress cruelly to 8nimals- building and fundin8 animal sancluari¢s in the UK and oversea5; provision olveterinary care and trcatmcni io animals: care and re-homing of animals ihat are abandoned, mistrealed or lost. conservation of endangered wildlife; mitigation strategies of thc illegal wildlife trade; Spaying and neutering proj¢¢ls for feral animal control. rescue, rehabiliiaiion and rel¢ase of wild animals. and conserving habitats and protecting the natural environment. Page: 4

IYTERI%ATIONAL AliIIL4L RESCUE (LI.MITED BY GL'ARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 R¢view of actii'ities I'hi5 Section provides an oveNiew of the various programmes that ar¢ supported by International Animal Rescue. Ai International Animal Rescue. our vision is of a world where humarks and animals coexist in 5UStainable ecosystems. The team see first-hand the impact of humart aciivitj. and climate chang¢ on precious ecosysteins. Flabitat loss is one of the mosi critical factors impaciing biodiversily. One of ihc biggesi threais io ihe survival of oiher species on the plan¢t. is Ihe raie ai which humanity is transfomiing the natural landscape, through building roads and cities, and convcrting land to gro￿. f(M)d. IAR, missioli is to build awareness and pul effective systems in pl￿¢ so that habitsts and animals are prolecled. Covid-19 Pandemic As in 2020, the impact of ihc coronavirus pandemic continued throughoui 2021: IAR's projects adapted during the previous year to ¢ope ￿1th ihe challenging conditions. Graduall),. vaccines w'ere rolled out around th¢ 81obe and communities siarted to move lo￿ardS a new nornial. Government imposed lockdowns prevailed throughout the year as the economy went through a stoplslart pKKess. Travel rc5tri¢tions and high costs of matcria15 continued to have a significant impact on the projects. At ihe same time. as restrictions were eased. IAR had io remain exlrn vi8ilani io the risk of infection lo staff 4nd ih¢ animals in lis carc. The Omicron variani emerged in lale 2021 and conlinued io cause disruption and concern. As the silualion changed, plan5 had to change loo. Any mcdium-l¢rn] planning has become a real challen8e wilh ¢vents often ¢anc¢ll¢d ai short notice. Thc Trustccs of IAR arc immcnsclv grnteful to all the staff and volunleers at our projccts for their continued efforts prole¢ting animals and habitals in such unprecedenied condiiions. and lo our supponcrs who have slood by us during ihis challenging lime. OrngutAn Conserv¢ion Since ?009, Ini¢rnalional Animal Rescue Indonesia has had an agreement with the Indoncsian Ministry or Environment (KLFIK) to rescu¢ and rehabilitate ihc ¢riticall)' endangered ordngutans of Western Borneo. The IAR Orangutan R¢s¢ue and Rehabiliiaiion Cenire in Wc51 Kalimantan is ihe hub for the ordn8Utan ¢onservalion effort. The work ¢arri¢d out is in partnership wilh the Kl.IIK and divisions of the Natural Conservation Agency BKSDA. The ultimate goal is to keep orangutans in the wild and protect habitats such that they are not displaced and do not need io go through the rescue. rehabilitstion. release process. Due to the success of IAR Indonesia's long- tcmi holisiic miligation slratcgie5. the number of orangutans being rescued has reduced considerably. IAR is dcvcloping holistic projccts that engage government authorities. local communities and commercial businesses to develop sustainable projects that protect species and habiiais. thus preventing biodiversity loss and reducing greenhouse gas emissions. Although peatlands col'er less than 31J/o ofglobal land surface, estimates suggest that peatlands contain twice as much carbon as the world's forests, and so peatland conseTr'ation 15 crucial io storing carbork. Maintaining healthy peatlands also helps to lessen the impact of climate change bj. regulating water flows, reducing flooding. droughts and fires. Page.. 5

INTEILNATIONAL ANIIMAL RESCUE {LI.MITED BY GLIARAYTEE) REPORT OF THE TRLTSTEES FOR THF. YEAR ENDED 31 DECEMBER 2021 IAR is working io conserve deep peat forests. w'hich are the habiw of sotne of the world.s most important species.. this has the double benefit of protecting biodii'ersity. and combating climate change. Over many ￿'earS IAR Indonesia has de￿.elOped mitigation programmes ￿h1¢h, when combined have a tangible benefit to the sur¥ ii.al of the species. The conser¥'ation strategies are closcl)" aligned to the UN'S Sustainable Development Goals ISDGS.) These include: reducing illegal w'ildlife trade: forest pairols lo reduce lh¢ risks froTn fire and illegal logging- sustainable land use sErategies; reforestation and tree planting- mangrO￿e restoration; deep peat proie¢iion and resloration: orkin8 M'ith local communities on praciical solutions to reduce human impact. such as alternative livelihoods. communits" enterprise. schooling and scholarships. organic farniing and f¢mal¢ eMp0￿eM1en1. reintroduction into the m.ild of endang¢red w'ildlife to rebuild threatened ￿pUlatIons. human-￿ ildlife lonflict miligation. IAR Indonesia has implemettted a funded management plan ￿ pro¢¢¢i a l 00.000 acre deep peat forest. home to c 1.000 ￿"lEd oranguians, Mhich ￿"aS th￿atened bi fire, illegal logging or coni'ersion. During the )ear. the 1.4R released ?0 orangutans. most of H hich had been through a length%. rehabilitation process at the IAR Orangutan Rescue and Rehabiliiaiion Cenire in ￿'eSt Kalimanian. Mosi of these animals ere released into the remote Bukit Baka Bukit RaN"a Naiional Park in Central Bomeo. M'here IAR has a permanent camp to monitor the progress of the released oranguthns. Page.. 6

IIITEILNATIOIYAL AliIMAL RF.SCUE (LIMITED BY GUARANTEE) REPORT OF THE TRISTF.F.S FOR THE YEAR ENDED 31 DECEMBER 2021 Ille%al Wildlife Trade In r¢cent )'ears (he impact of the illegal wildlife trade on species has reached unprecedented levels. li is esiimated to be worth up to $23 billion a )'ear and rcpresenis a threat to the very existence of some of our best- loved species including rhinos, ligers. elephants and pangolins. Urgent aciion is needed io address this crisis. lo help countries control FK)aching on ihe ground as w'ell as to tske steps to reduce the demand in consumer ¢ounlries which is uliimately driving ihe trade. In 2021 IAR mounled an online ¢8mpaign to raise aH'areness of the issue using ihe siories of animals rescued by our various teams. Ihis included a langur monkey thai was r¢%ued b). the Naiural Resources Conservation Agency and IAR Indonesi< which had been kepl as a pei and an orange chinned parakeet in Costa Rica thai had ils beak ¢lipped to make it easier io handle as a pet. Indian Dancin2 Be*r Projec¢ Inicrnational Animal Rescu¢ has been working with lis partner Wildlife SOS (an Indian charity) sinc¢ 2002 on a project thal endcd the Irade of dancing bears in India. Th¢ pannership has built up 3 sai)ctuaries across India to ac¢ommodaie ihc rescued 'dancing' bears; in addition. a ¢ommunily prograinm¢ has been devised to support the Kalandar people who once relied on the bears for their income. During 2021. IAR provided £473k ol. funding lo this project. Th¢ Kalandar people have had vocational iraining and financial support io establish ihem into new professions. In addition. thc communities ar¢ supwned w'iih sch<)olin8 and education such that they may have a brighter future. It was widely reponcd ihat the tklts variant of Covid 19, which was originally identified in laie 2020, had a dcvasiating impact on many coinmunities. especially in India. some mem￿r5 of the Indian Elcar Rcscue Team were affectcd. With the help of its suprK)rters, IAR is was able to suppon Wildlife SOS and ils Icam through the emcrgency sltuation by providing funding for essential oxygen ¢quipment lo treat the staff. In October 2021, with the support of IAIL Wildlife SOS was able lo help a wild femal¢ sloth bear that was caughi in a snare. F4er paw had bccome gangrenous and the voung bear s body was emaciaied and dih)'drated from lack of food. 'fhc bear M'as taken to our Bannerghaiia Bcar Rcscuc Centre for trcaimenl and rehabililaiion. IAR has an ongoing commilment io provide the best possible care for the 197 rescued bears (as at 30 November 2021) for ihc rest of their lives. The financial commitmeni to the bcars is significanl as the food, enrichment, veterinary and medical ¢xpens¢s are considerdbl¢. Page: 7

INTEKNATIONAL ANIMAL RESCUE (LIMITED BY GUARAwfEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Slow loris conserYatiOD Inlernational Animal Rescue Indonesia op¢raies one of ihc only dedicated rescue and research c¢ntres for the slow loris, a ¢riti¢ally cndangered nocturnal primate. -the IAR Primaie Rescue and Rchabilitation Cenire is located near Bogor in Java. Most of ihe animals ai ihe centre have been confiscated from the illegal exoti¢ pet Irade. Little is known about these primaies. researchcrs and studenis from various universities w'ork with th¢ IAR team io conduct studies inio habithi, diet. khaviour and ecology. A release programmc has been implemenied whereby rele￿¢d animals are moniiored in the wild usin8 radio trn¢king equipment. IAR has an active Wildlife Proteciion Team. This unit investlgates Ihe illegal pei trade, including the trade in Slow IA)rises. It is a collaboralion with the police and Minisiry, of Foresi and Con5crvation. Whenever possible. the team gathers evidence to ensure successful law enforcement and. when appropriate, proseculion. In July 2021, fourtccn endangered slow lorises were released in the Bukii Barisan Selatan National Park in l.ampung, Sumatra. 'l-he release operaiion was conducied by the West Java Forestry Dcpartmcnt. the 14ead Office of Bukit Barisan Sclaian National Park, Bengkulu Forestry. Dcparthicni and IAR Indonesia. 'I'he primates had all been surrendered by mcmbers of the public the Foresiry Departmeni in Wesi Java and Jakarta. MAcAque Welfgre Intcrnatioiial Animal Rescue Indonesia has a project to Rescue. Rehabililaie and Release macaques. These animals are 8¢ner8lly r¢scucd from the pet ir8de. Thcy are treated at thc rcscuc ccntrc in Java io bring them back to health, st¢rilis¢d and ihen slowly socialised into 'lroops' that can be released inlo uninhabited forcsi to livc oui iheir lives in ihL' wild. Ma¢aquc5 arc often considered a pesl and. if no sensible ¢onlrols are in place, the>. can coinc inio conflicl with human populations. In 2021. IAR continued its work in r¢laiion io human - macaque conflict in Jakarta such that Ihc community is aware how io mitigate conflict situations, su¢h as no feeding and rubbish control (including macaque pr￿f birts). Cat rejcue IAR supports Calastrophes Cat Rescue, which offers a 'lasi chance refuge for older cals that il would otherwise be difficult to find a home for. When cats a￿1Ve, Ihey may simpl>. have problcms with ihcir dict or perhaps have an underlying health problem ihat needs attention. All the cal5 rcccive cxpcrt vctcrinary carc. There is a small veterinary svrgery on site where simple procedures can be administcrcd. As Cals grow oldcr the). often suffer from dental dis¢as¢ M'hi¢h ¢an make iheir lives miserablc, leading lo a rapid loss of condition as they find it d]￿icUlt to eal. The daily rouline of ¢l¢aning, feeding and tncdication continucd througli the year thanks to Catastrophes. d¢di¢at¢d group of wers. Costa Rie*- Howler Monkeys IAR Cosia Ri¢a is located on the Pacific Coast in ihe lo￿n of Nosara and is dedicated io prolecting wildlife in Costa Rica with particular attention to Howler Monkeys. Thc main issue in and around Nosara is wildlife electrocution. Due io uncontrolled residential developmcnl. thc trees are being removed and oierhead electric cables are being installed. The monkeys use the cables as replacement arboreal routes. Unfortunately, in man), situations, the electrical apparatus is not insulated and tl)e monkcy5 suffer from clcctrocution. Very oftcn. the adult5 are scN'crcly injurcd or killcd outright- however, somctitnes, thc infants (which cling to thcir mothcr5) can surviwc. Aftcr cm¢rgcnc)' m¢di¢al aid, tr¢aim¢nt and a lengthy process of rehabilitation, the aim is to r¢lca5e Small troops of young adults back into th¢ wild. Page.. 8

ThTEIL)ATIONAL ANIMAL RESCUE (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 IAR entered into an agreement with the Nosarn Civic Association (NCA} for a fivc-acre foresled piece of land to locale a new. purpose built. rescue ¢¢ntre. 'The land is within a large se¢tion ofihe NCA parklands, which protected from development so, alihough it is close io the lo1￿.n, it will be p¢accful for rehabilitatioi) purposes. During 2021. JAR obtained all the necessary, pemiits and perniissions io go ahead with the construction: however, due to a moraiorium imposed on the eniirc lown by the w'aicr regulator, no wa¢¢r p¢mJit5 could be issued which. unfortunaiely. has causcd a delay. IAR now hopes to ¢omm¢ncc work later in 2022. The IAR Costa Ri¢a leam continue5 to work with ihe authorities lo develop strategies for mitigation and prevention. For the last year. IAR has been part of a commission for the prevention of elecirocuied ￿'11d1]fe ("Comision para la Preve¥Jcion y Atencion de elecirocuciones dc fauna") which was set up by the fom)er Vice- minister of Environment and mccts monihl),. The commission is being managed by the technical director of SINAC for the 'l'empisque Conservaiion Area io facilitate Collaboration bcN'een MINAEISINAC, the elLctricity providers and NGOS such as IAR. As a resuli. Ihe main ¢leciric company, ICL, pledged mor¢ support for the mitigation process whi¢h led io a lar8e insulation operation thai secured 49 transforniers at Playa Pelada iii Nosara. The 2021 statistics for IAR Costa Rica are as follows.. Toial Anima15 Received.. 380 {227 mammals. 126 birds, 27 reptiles) Toial Different s￿¢1¢$ Rcceivcd.. 70 {20 mammals, 42 birds. 8 reptiles) Total E.. mergency Calls Recei%'cd.. 803 Total Elcctro¢ulion Rcports (Calls).. 117 (113 howler monkeys. 4 squirrels) Total Numkr of Electrocuted Animals Received.. 39 Totsl Animals Released.. 114 (70 mammals. 35 bird& 9 rcplilcs. (29 howler monkeys, 14 of them were elcciroculion palicnts Armeni4 Be# I lisioricall)., ￿'11d bcar5 have been illegally caught or trdpped by poachers in Amienia. Once captured. many of them end up in small. squalid ca¥Tres in resiaurants and other publi¢ Cntcnainmcni venue5 as a tourist atlraction. Some arc kept in bus dcpois, oihers are hiddcn from view in dark cellars. Some of the bears are mcnlally and physically damaBed by th¢ boredom and frusifaiion of their mis¢rable existence behind bars. The bears in Arnienia are Syrian Brown Bears (Ursus arcios s)Tiacus}, one of the smaller sub-species of brown bear. l-h¢y are found in the mountainous are&s of the couniry ￿,here they forage for fruits. berries and insccis in the mcadows and forests and hibemale in caves and ircc hollows. Their barren prisons arc a far cry from their natural home in the forest. Many bears are being kept caplive in miserable condiiions across Arnienia, includin8 in the ¢apital city of Ycrcvan. Some haie been in¢awerated for years in cramped cages with scarcely any food or water. I'heir environment mcels none oftheir psychological or phy'sical nccds. They have very. little spac¢ to mov¢ around in. They are given unsuitable and inSU￿]¢1¢nI food and no cnvironmental enrichment lo distract and amuse th¢m. The bears have been deprived of their dignity and their freedom. They lack everything thes need io live life as nature intended. In October 2017. in conjun¢iion with local partners FPWC, International Animal Rescu¢ laun¢hed a new campaign to help these suffering bcars. Thc Grcat Bcar Rcscuc aims to free them from their suffering and, after thorough veterinary chccks and assessment. rehabilitate and e%'entuallv release those thai are physi¢ally and mentallv equipped io fend for themselve5 in the ￿'11d. Those that are not viable for release w'ill be given a pernianent home in sanciuaries where they will bc well cared for, well fed and have the freedom to express natural bear behaviour. Page.. 9

I.￿TER￿,AT1O￿AL ANIMAL RF.SCUE (LIMITED BY GUAIL4NTEE) REPORT OF THE TRUSTEES FOR THE YEAR EI¥DED 31 DECEMBER 2021 By ihe ¢nd of 2021. conjunciion with FPWC. IAR have rcscued over 30 bcars from their cramrKd cages. The rescued bears are now being ¢ared for al a new purpose build rehabilitstion cenire in the South Caucasus mountains of Amenia. As previously rewrted, Ihe existing facility is nom. ai full capacii).. A new siie has been idenlified and plans are in place to a¢quire the sile in early 2022 and commence constru¢lion laier in the year. Future plans ThL soLial and economic impacts of ihe Covid 19 pandemic have been significant. With economic uncertainty in ihe UK there is greater financial risk to the organisaiion than previously. IAR will coniinuc io m￿lM]Se all hannels of comtnunication with lis supw)rters, especially digi￿1 opportunities. Th¢ full impact of the Covid crisis is a big unknowTL. This has a material impact on our projects and our ability to raise funds. IAR is well re¢ognised for its animal welfar¢ work; however, a huge amount of IAR'S effort is now about 'ider protection stratcgie5, conservation and environmenial mitigalions. IAR has alw'ays focussed on the ruot cause of problems bui. Ihis is now embedded into a Theory of Change approach wh¢re, to d¢livcr thc goals. pre-d¢fined oulcomes are described and th¢ activities to deliver ihosc OUtcom¢s arc identified and measured. I'hese stral¢gies run across all of IAR'S projecls and include: regulaiory change, alt¢rnaliv¢ livelihoods, edu¢alion, habiiat resioration, invesli8aiions & law enforcement. landscape management, environmental services and reintroductions. Durin8 ?02? and beyond, IAR will reach out lo a wider audience io engage on these wider eonscrvation and environmcntal aciivitics. As part of this work IAR ￿][1 be looking closcly ai ihe upcoming Second part of the UN Biodiversity Conlcrcncc (COPI S). The world has so far failed io meet any UN targets on halting the loss of nalure, yel awar¢n¢ss of ihc challenge is grcater than ev¢r. It is esseniial ihat world Icaders agree strict goals to slop biodiversity collapse. During 2022, IAR will progress the construction projects in Cosla Rica and Arnlenia. Investments Th¢ Lharity's equity investments are managed by Rathbone Gre¢nbank's ethical investment team according lo the objects of the Charity. Having been affecied by the Covid pandemic, the rnarkels r¢¢overed and strengthcncd during 2021. Trustees have always IcM)k¢d to slrikc a balance bctwcen equities and interest-bearin8 bonds. Overall, the equity Componenl of the portfolio experienced a capitsl gain of £613k in 2021 (a realised gain of £87k and an unr¢alised gain of £5?6k). The fund gencraicd £79k of income through inierest and dii'idends. Thc hangover from the pandemic is still with us and since the year end, global supply ¢hain issues and the war in Ukrain¢ have ¢au5ed more uncertainly. There are global inflationary pressures and central banks are reaciing by increasing inlcrcsl raics- as such, thc markets remain highly volatile. IAR ￿,111 monitor this closcly with its advisors, Rathbonc Grccnbank. Financial Performance Incomc in 2021 wa5 slightly higher in 2021 at £3,95 Ik (2020 £3,898k). In 2021, IAR received a £SOOk grant from the Michael Urcn Foundation to support ihe construction of the new wildlife rescue ¢entr¢ in Costa Rica. this follows man). J'ears of generous support from the Michael Uren Foundation for IAR'S work. for which the Trustees are extremel! graleful. Legac￿ income was strong at £1.38 Ik. £250k higher than 2020. IAR'S other fundraising channels were slightly low¢r than 2020 reflecting the pressure on individual giving. Page: l O

INTEILS'ATIONAL ANIMAL RESCUE (LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Charitable e¥pendiiure was slighilj. higher in 2021 ihan lh¢ p￿VIouS year at £3,433k against £3,363k in 2020. Direct SUp￿rt to ihc Projects %¥as Èncreased in 2021 ai £3,147k. Fundraising cosis were broadly unchanged from 2020 at £443k (2020.. £450k). As discussed aboi'e. there have been d¢lays with the construction project in Costa Rica- therefore. the rcstricted income for the new facility in Costa Rica was tllainly unutilis¢d in 2021. The Charity experienced an operdting surplus in 2020 of £54k {Unr¢stricied loss of £394k and Restricied surplus of £448k). Overall. there ￿"aS a totsl recognised gain for the year of £686k- this in¢ludes thc unrealised gains on investments (as described in thc invcstments se¢iion abovc) and gains on foreign ¢xchange contracts. Reserves Thc global economy remains precarious with the hangover from pandemi¢ still impacting all markels. For the UK, the full impact of the pandemic, Brexit: lh¢ Ukrnine war. energy prices and inflation rcmains uncertain. The Charity is navi8aling through extremely unc¢nain limes and the full impa¢t on our projects and fundraising remains to be seen. IAR has identified specific risks from the rise in inierest raies, the cost of living crisis and the weakening pound (given that most of IAR'S commitments are in other currencies). The projects also face inflaiionary pressure. In addiiion io thc r¢5tricted funds held by IAIL which are detailed in Note 14, the Charity 15 holding ring- fenced reserves for esscnlial future S￿ndIng on large projects that cannot be met from future incomc alonc. Thes¢ a¢iivities includc; the construction of a largc free ranging enclosure for aduli san¢tuary' orangutans, the expansion of the bear rcscue and rehabiliiation fa¢ilil)' in Arn]enia and a reserve fund for ihe management (one year) the c.95k acre landscape to protect threatened orangutsn habilat. Taking into consideration the financial risk associaied with fundrnising challenges in the ¢urreni economic climat¢, the ongoing impact of the coronavirns crisis, th¢ significant monthly commitment to several ov¢rscas projecls: eA¢hangc rate fluctuations and uncena1ni￿. M'ithin thc funding streams. the Trnstees consider ihat holding slightl), higher than usual free reserves is prudent: wÈihoui iKing cxcessive. At this time, the Trustees have agreed an appropriate re5cr¥es rdnge for IAR as £5.8m to £6.3m. which is broken down as follows: Reseryes ran Financial im cl of risk Workin ca ital Rin -fenced reserves Minimum level £l.Om £1.8m £3.Om £5.8m £O.im £6Jm Maximum level The actual frcc rc5crves held by IAR as at 31• Decemkr 2021 is £5.8m, just within the rdnge required. Pag¢: I I

INTERNATIONAL ANIMAL RESCUE (LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Statement of Trustees' Responsibilities and Corporate Governance

The members of the Board of Trustees, as Trustees and Directors, are responsible for preparing the Report of the Trustees and the financial statements. The Trustees have chosen to prepare financial statements for the company in accordance with United Kingdom Generally Accepted Accounting Practice (UK GAAP). Company law requires the Trustees to prepare such financial statements for each financial year which give a true and fair view of the state of affairs of the Company and of the surplus or deficit for that period and comply with UK GAAP and the Companies Act 2006.

In preparing the financial statements, the Trustees are required to:-

• select suitable accounting policies and then apply them consistently;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement as to Disclosure of Information to Auditors

So far as the Trustees are aware, there is no relevant audit information ( as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each Trustee has taken the steps that he ought to have taken as a Trustee in order to make himself aware of any relevant information and to establish that the company's auditors are aware of that information.

Registered Office:

On behalf of the Board

Lime House Regency Close Uckfield East Sussex TN22 lDS

A Bruce A Bruce - Trustee

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INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF I,NTERNATIONAL LNIMAL RESCUE (LIMITED BY GUARANTEE) Opinlon We have auditcd the financial staiemenis of Inlcrnational Animal Rescue (the 'companJ') for the year ended 31 sl tkccmbcr ?021 whi¢h comprise the Income Statement, Balance Shcei. Cash Flow. Statemcnl and Notes lo the Financial Statements, including a summary of significani accouniing policies. The financial reportin fram¢M'ork that has been applied in their preparation 15 applicable law and Uniied Kingdom Accounting Standards. including F inancial Reporting Sthndard 102 'The Financial Reporting Standard applicable in th¢ UK and Rcpublic of Ireland, (United Kingdom Generally Acccpted Accounting Pra¢¢i¢e). In our opinion the financial slatemenis.. give a true and fair view of the stsie of the company's affairs as at 31 st Ik¢ember 2021 and of its profit for the year then ended. have been properly prepared in accordance with Uniied Kingdom Generally Accepted Accounting Practice; and have been preparcd in accordance wilh the requiremenis of the Companies A¢t 2006. Basis for opinioll We conducted our audil in accordance wilh Iniernaiional Stsndards on Auditing (UK) (ISAS (UK)) and applicabl¢ law. Our responsibililie5 under those standards are further described in the Audilors, responsibilities for the audit of th¢ financial siatements section of our repori. We arc indepcndcnl of the company in ac¢ordancc with the cihical requiremcnts that arc relevant to our audit of ihc financial stalcmcnls in thc lJK, including the l.-RC's Lthical Standard, and have fulfilled our other ¢thi¢al responsibiliiies in accordance wilh thes¢ requir¢m¢nls. Wc bclici'e ihai the 8udii evidcnce wc have obtained is sU￿]c1¢nI and appropriat¢ lo providc a basis for our opinion. Conelusions relating to going eoncern In auditing thc linanLial stalcmcnts. i%'e have concluded ihat the directors, Us¢ of the 80ing ¢on¢¢rn basis of accountin8 in Ihe preparation of ihe financial statements is appropriate. Based on Ihe work we have perfomjed. we have noi identified any material uncertainties relating to events or conditions that, individually or colle¢iively, may casi significani doubi on ihc company's abilily to continuc as a going concern for a period of ai least tw¢lv¢ months from when ihe financial statements are authoriscd for issue. Our responsibilities and the responsibilities ofthe directors with resp￿1 to 80in8 ¢on¢¢rn are described in Ihe relevant seciions ofthis rew)rt. Other tnformation ThL -frusiC¢S ar¢ responsible for the other infom)alion. The other infornialion comprises ihe inforniation in lh¢ Report of the Truslees but does noi include the financial slatemenls and our Report of the Auditor5 thcreon. Our opinion on the financial siaiements does not ¢ov¢r the other infom)ation and we do not express any form ofassurance conclusion thereon. Page= 13

INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF Iyi fEILN'ATIONAL ANIVIAL RF.SCUE (LINIITED BY GUARANTEE) In connection with our audit of the financial ￿al¢￿ents, our responsibility is to read the other inforniation and. in doing so, consider ￿'hether the other inforn)aiion is materially inconsistent with the financial statem¢nts or our knowledge obiained in the audit or othcn4.ise appears to be materially misstated. If we id¢niify such material in¢onsi51enci¢s or apparcnt malcrial misslatements. we are required to detcrniine whether there is a material misslalemeni in ihe financial sthtemenis or a material mis51alemeni of ihc other inforn]ation. If, based on the work wc havc perfonned. ￿'C conclude thai there is a Tnatcrial misslatemenl of this other inforniation, we ar¢ r¢quir¢d to report thai faci. We have nothing io repon in this regard. Opinion on other matters pr¢scribed bv the Companies A¢t 2006 In our opinion, based on the ￿'ork undLrtaken in ihe course of the audii= the inforniation given in the Repx)rt of the Trustees for ihe financial year for which ihe financial statements are prepared is consisienl with ihe financial siaiements; and the Report ofihe Trusiees has been prcpared in accordance with applicable legal requirements. Matters on which we #re Tequired to report bv ¢xcep¢io In thL. IigTht ol (hL kno1& Icdgyc and undcrslanding ofthe company and ils environmenl obtsined in the cours¢ of thc audit, we hAVC not identified maierial missthtements in the Report of ihe Trustees. We have nothing io report in respeci of ihe following matters where the Companies Act 2006 requires us io report to you if. in our opinion-. adequate accounting rccords have noi been kepL or reiurns adequate for our audit have noi been received from branches nol visited by us: or the financial stst¢ments are not in agr¢ement with the accountin8 records and returns; or certain disclosures oftrustees. remuneration specified by law are nol made; or wc hav¢ not received all the infornialion and explanaiions w'c require for our audil; or the trustees were nol cntitlcd to prepare the financial stsiemenis in accordance wilh the small companies regime and take advantage of ihc small ¢ompani¢s' exemplion from the requiremeni io prepare a Sirategi¢ Report or in preparing the Report of the Trusiecs. Re5pon$ibiliti¢s of trusleos As e.xplained more fully in ihe Statement of Trusi¢es' Re5ponsibilitics, Ihe tNstccs arc rc5pon5ibl¢ for th¢ preparation of the financial 51aicmLnis and for being satisfied that they give a iruc and fair vi¢w. and for such int¢mal control as ihc tru51cc5 dcteminc necessary to enable the preparaiion of financial stalem¢nts Ihat are free from material misstaiemenL whether due to fraud or error. In preparing ihe financial statements, lh¢ trustees are rc5ponsible for asscssing th¢ ¢ompany's ability 10 ontinue as a going concern. disclosing, as applicable. mallers related to goin8 concern and using thc going conc¢rn basi5 of accounting unlcss the trusle¢s either intend to liquidaie the company or to cease operaliun& or hav¢ no realistic alicrnative but lo do so. Auditorn, responsibilities for the Audit of the finAnciAI statements Our objectives are to obtain rcasonabl¢ a55ufdnce about iNhcthcr thc financial statements as a whole are free from material misstatemenL whether due to frdud or error, and io issue a Report ofthe Auditors that includes our opinion. Reasonable assurancc 15 a high t¢￿¢1 of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) w'ill aliiay5 deie¢t a material misststeTllcnt when it exists. Misstatcmcnts Can arise from fraud or ern)r and are considered material if, individually or in ihe aggr¢gale. they could rcasonably be expected to influence the economic decisions of users taken on the basis of thes¢ financial statemenis. Pagc.. 14

INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF INTF.RN'ATIONAL AiYtMAL RESCUE (LI_MITED BY GUARANTEE) Irregularilies, including frdud. are instances of non-compliancc w'ith laws and regulations. We design pro¢edures in line with our responsibilities, outlined above, io dcicct Tnaterial tnisstatements in respe¢t of irregulariti¢s. including frdud. The exient io which our proc¢dures are capable of detecting irregularities, in¢luding fraud is dctailed below= We idcnlified arcas of laws and regulations that Could reasonabl). bc expected to have a material effect on the financial statetnents from our generdl commercial and s¢cior experience and through discussions with the trustees (as required by auditing standards) and discussed ￿"1th the trustees ihe policies and procedures regarding compliance with lam's and regulations. We communicated id¢ntifi¢d laws and rcgulations throughout our team and remained alert to an! indications of non-complianee throughoul the audii. W¢ evaluated anagcmcnt's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of ov¢rrkd¢ of Controls) and deternjined that the principal risks ￿'ere management bias of accounling estimaies particularl>. in rclaiion to the titning of legacies. Audit procedures perfornied by the engagement team includcd-. discussions with managements includin8 considerdtion of known or sUSp￿ted instances of non-compliance with la￿.5 and regulations and frdud. challenging estimates and judgemenis made by management in their significant accounting estimates ihat involved making assumptions and considering thture events that are inherently uncertain. The FK)tential effect of these laws and regulations on the financial statemenls varies considerably. Firstly, the company is subject to laws and regulations that directly aff￿t the financial statements including financial reporting legislation and we assessed the extent of compliance with these laws and regulations as part of our procedures on the relaied financial slalemeni items. Secondly, the company is subject to many other la￿.5 and regulations whcrc the consequen¢es of non- compliance could have a material effeci on amounts or disclosures in the financial sthtements, for instance through the imposition of fines or litigalion. We idcnlified oi'erscas la￿5 and regulations relating to the support of projects where the laws ma). be considerably diffcrcnt to thc UK along iviih Health and Safety regulation5 in the UK and overseas as the areas Tnost likelN' io have su¢h an eff￿4 recognising the nature of the company'5 activilics. Auditing standards IiTnit the required audit procedures io identify. non-cotllpliance with these laws and regulations to enquiry of ihc Iru51ees and oiher management and inspection of regulatory and Icgal correspondence, if any. Through these procedures, w¢ became aware of no actual or suspected non- compliance. Owing to the inherent limitations of an audiL there is an unavoidable risk that M'e may not have detecied som¢ material misstatements in the financial statcm¢nlS, ei'en ihough M'e have properly planncd and p¢rfomied our audit in accordance with auditing standards. For ewnpl¢. th¢ further removed non-complianc¢ ￿'11h laws and regulations (irregularities) is from thc cvcnts and transactions reflecied in the financial staietnenis, the less likely the inher¢ntly limited procedures required bb" auditing standards would identify. it. In addition, as with any audit, there remained a highcr risk of non-deiection of irregularities. as thcse may involve collusion. forgery, intentional omissions, misrepresentations. or the ove￿Ide of internal controls. We are not responsible for preventing non-complian¢e and cannot be expectcd to deicci non- ¢ompliance with all laws and regulations. Page.. 15

INDEPENDENT AUDITORS' REPORT TO THE TRUSTEES OF

INTERNATIONAL ANIMAL RESCUE (LIMITED BY GUARANTEE)

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

V Anderson

Victoria Anderson BA(Hons) FCA DChA (Senior Statutory Auditor) for and on behalf of Clark Brownscombe Limited Chartered Accountants and Statutory Auditors 2 St Andrews Place Lewes East Sussex BN7 I UP

Page: 16

TERNATIONAL thl%tAL RESCUE (LIMITED BY GUARANTEE) STATEMELYf OF FINAIICIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021 UDrestricied Funds 2021 Restricted Fund5 2021 Total 2021 Notes 2020 INCOME Donations and legacies Donations and granls Legacies Investments Interest - Cash deposits UK l--ixcd Interest Sccurities Overseas Fixcd Interest Se¢urities Dividcnds UK equities Overseas cquilics Other trading aciivities 1058,686 I J80,966 610286 2,468,972 2.674.422 IJ80,966 1.131,453 42 16,937 2A•70 42 16,937 2,670 410 15,423 5.979 46.401 12,990 46,401 12.990 38,420 10,688 Total Income 40 97 0 567 ILL76 EXPENDITURE Charilable activities Raising funds F undraising costs Investment m8n8gers fees 3271215 162306 3,433,421 3,363,391 442,935 20 442,93S 449,627 7 16687 Total expenditure 734 162 LL47 ￿06 3896453 38297 (393,966) 448,080 54,114 67,871 Gains on investment assets ILfjL2 458 105 Net incom¢ 219,666 448,080 667,746 525,976 Otber recognised gAins/{1053es) ProfiLI(losscs} on foreign e.xchange Gains on fon¥ard cxchange coniracis 355 355 (649) N¢t movement in funds 238,092 448,080 686,172 570,167 Reeoncili4¢ion of fund5 l.und balanccs at Isi January 2021 743 87 5 173 706 Fund balances a¢ 31$t December 2021 The detailed 2020 compardtive stalement of financial activities is reportcd in note 2. The notes fomi part of these financial statements Page.. 17

INTERNATIO)AL ANI.MAL RESCUE (LI.MITED BY GiiARANI TEE) INCOME ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2021 Notes 2021 2020 TURNOVER 3,871,527 3.826,656 Campaign CO￿$, fundraising, administrdtion and general expenses 3 896 453 3 829 705 OPERATING (DEFICIT) {24,926) (3,049) Gainsl{losses) on sale of investments 87,127 (94.185) Gains/(losses) on foreign exchange 355 {649) Interest receivable and income from investments SURPLUSI(DEFICIT) FOR THE FINANCIAL YEAR All amounts relate to continuing activities. STATEME￿[ OF COMPREHENSIVE INCOME 2021 2020 Sutplusl(deficit) for the year 141,596 (26.964) Unreali5ed gains on revaluation of investments 526,505 552,291 Gain on fon¥ard exchange contracts Total recognis¢d gains for the y¢ar The notes fonn part of these financial ststements Page.. 18

INTERNATIONAL ANIMAL RESCUE (LIMITED BY GUARANTEE)

BALANCE SHEET

AS AT 31ST DECEMBER 2021 COMP ANY NUMBER: 06035040

	Notes		2021	2020
		£	£	£
FIXED ASSETS
Tangible assets Investments	7 8		158,504 5,254,194	169,455 5,034,234
			5,412,698	5,203,689
CURRENT ASSETS
Stock		13,633		8,145
Debtors Cash at bank and in hand	9	103,869 988,814		88,489 511,188
		1,106,316		607,822
CURRENT LIABILITIES
Creditors: Amounts falling due within one year	10	88,969		67,638
NET CURRENT ASSETS			1,017,347	540,184
TOTAL ASSETS
LESS CURRENT LIABILITIES			6,430.045	5,743.873
THE FUNDS OF THE CHARITY Restricted funds	14		463,969	15,889
Unrestricted funds Revaluation reserve			4,416,457 1,549,619	4,473,587 1,254,397
Total unrestricted funds	15		5,966,076	5,727,984
TOT AL CHARITY FUNDS			6.430.045	5,743 873

Approved by the trustees on .. 1: 7 \ '1.\ 1 � ........ and signed on their behalf by:

A Bruce

A Bruce - Trustee

The notes form part of these financial statements

Page: 19

INTER￿ATIONAL ANIMAL RESCUE (LI.MITED BY GUARL)TEE) CASH FLOW STATEMENT FOR THE YEAR ENDF.D 31ST DECEMBER 2021 Not¢ 2021 2020 Net cash from operatillg a¢¢ivi¢ie5 19 6,980 97,824 Cash flow from invesling activities Purchase of iangible assets PurLhase of fixed asset investmen Proceeds from disposal of fixed asset investments Interesi received and in¢ome from investments (2,422) (929,467) (798,087) lJ23,140 354,440 Net cash 2•In￿/(USed) in investing

¢t1￿.it1e9

470 291 Net incTeasel(decrea5e) in cash And cash equivalents 477271 (277,766) Cash and cash ¢quival¢nls at the beginning ofyear $11,188 789,603 Exchange gain￿(lO$ses) CaJh And c*Jb equivxlents gt end of yegr The notes fomi part of these financial slalcmenls Page= 20

I)ryER￿ATIONAL AYIMAL RESCUE (LIMITED BY GUARMTEE) OTES TO THE FThAJCIAL STATEMEliTS FOR THE YEAR ELWED 31ST DECEMBER 2021 Aecounting policies a) Basis of accounting The financial statements ha%'e been prepared in accordan¢e with Accounting and Reporting by Chariiies: Statcment of Recommended Prdciice applicable io charities preparing their accounts in accordance with the Finan¢ial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102, effective l January 2019), h¢r¢after referred to as the Charities SORP (FRS 102), the Financial Reponing Sthndard applicable in the UK and Republic of Ircland (FRS 102) and the Coinpanies A¢t 2006. International Animal Rescue meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction valuc unless othenvise stated in the relevant accouniing policy note. In the application of the chariry's accounling wlicies. the Trust¢es are required to make judg¢m¢nls, estimaies and assumptions about the carrying amount of asseis and liabilities that are not readily apparent from other sour¢es. The esiimatcs and associaied assumptions are based on historical experience and other factors that are Considered to be relevant. Actual results may differ from Ih¢s¢ estimates. The estimates and underlying assumptions are reviewEd on an ongoing basis. Revisions lo accounting esiimaies are recognised in the period in which the estimate is revised, if the revision affects only that period. or in the period of the revision and future periods if the ￿1,1$10￿ affects both current and future periods. How¢v¢r, Ihcre are no judgemenis or assumplions that have a significani risk of causing material adjustmeni. b) Income (i) Donations and Gift Aid Donations are recogni5ed ii.hen ihe). are receiN'ed and rccorded in the Charity's accounting records. Income r¢cov¢rablc in rclation to donaiions received undcr (iift Aid is recognised at the time of the donation. (li) Legacies Legacies are recognis¢d once the chariry has entitlement to the income, it is probable that the income will be received and ihe amount receivable can be measured r¢liably. (iii) Trdding Activities Income from trdding xiivities is included in the periiKI in which the Charity is entitled to receipt. (iv) Inv¢sim¢nt Income Income from investments is r￿ogniSed when receivable. Page= 21

IINTEILNATIONAL ANT%IAL RESCLE (LILIIITED BY GuAlL￿TEE) OTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 c} Expenditure E¥pcnditurc is included in the Statemeni of Financial Aclivitie5 on an accruals basis, in¢lusive of any VAT which cannot be recovered. Certain expenditure is directly attributable to specific aclivities and has been included in those cost ¢ategories. Certain other costs. which are aTtributablc lo more than one activity, are apportioncd across ¢ost caiegorics on the basis of an cslimate of the proportion of lime by staff on those activities. A proporlion of the costs of producing fundraising literatur¢ is considered to b¢ educational and Iherefore included within charitable activities. Th¢ main categories of expenditure are'.- Charitable activities are the ¢osis of ihe campaigns and relaied support costs. b) Raising funds are fundraising c0515 and invesimeni management fees. Fundraising cost5 relale lo ihe external agenci¢s and internal fundraisin8 resource. Agency costs include Ihe design, produciion and printing of promoiional material, as well as the dircct mailing costs. Twenty fiv¢ per ccni of the cosl is allocat¢d lo education on the basis thal the literature pri)duc¢d increases public awareness of issucs ihal ihe Charity works with around ihe world. Sup￿rt ¢0515 are allocat¢d over ihe above categories on ihc basis of siaff lime spent on each activity. d) PensioD scheme Irringcments Thc Charity mak¢s ¢oniributions to a small self_adminisiered pcnsion scheme which operdie5 on a defincd contribution basis io provide emplo)'ees retirement and death benefits. Regular contributions are recognised on an accruals basis and special Coniribuiions &re recognised in th¢ period in which they occur. e) Going coneerD Thc Iru5tccs have considered ihe financial position of the charity for I￿¢￿ve months from the date tliat Ihe balance sheet is signed and Conclude thai there are no material vnc¢rtainiics concernin8 the charity's ability to continue &$ a going conccm. In coming to this conclusion the (ru51cc5 1)ave considered the expected funding requirements to tnainlain th¢ Charity's objectives for ihe period and the amount of fre¢ reseTh'es and fuiurc cxpecied incomin8 r¢sour¢es available to achicvc this. They have also considered th¢ global unccrlainty" around income pressures due io the c05l of living rises and rising cost pressures in the developing world. Analysis of the fre¢ reserves are set out in the trustees report. Fund accounting The charity maintains various funds in accordance ￿1th the Statement of Recommended Pra¢ti¢¢ 'Accounting and Rewrting b) Charities 2015". -rh¢5¢ funds. which require separale disclosures. are as follows'.- Unrestricted Funds. These are generdl funds ofthe charity and are expendable at the discretion of the Trustees in the furtherance of the charitable objeciives. The main sources of gcneral funds are donations arising froTn appeals. grdnts from trusts and investment in¢ome. The main applications of g¢neral funds arc campaign costs. fundrdising costs and related overhead costs. Page= 22

INTERI%ATION'AL ANIMAL RESCLE (LIMITED BY GUAll￿NTEE) OTES TO THF. FIIIA)CIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 Fund accounting {continyed) Rcstricted Funds. These are funds which are subjeci io specific objects declared by thc donor or which are raised by appeal for a specific purpose. These funds are expendable by the Trvsi¢¢s in furtherance of ihe S￿cIfiC object for ii'hich the) i%¢rc gii'en unless ihc donor lai¢r agrees that the>. can be applied for a general purw)se. Due to the naiure of these funds the). are a¢counted for separately from the general funds of the charity.. g) Fixed &s$ets Fixed assets are depreciated over iheir expected useful livcs at the following annual rdtes= Freehold propertylimprovemenls Motor vehicles Support boai for Malta Plant and machinery. Office equipm¢nt 20/JI ￿/• On cost 250/tr Reducing balance 250/. Reducing balance 200/0 Reducing balance 2￿/0 Reducing balance h) Stock Stock is included at the lower of ¢ost and nei realisable value. Cost is determined on a firsl-in, first- out basis. Net r¢alTsable value is based on estimated selling price, Ic55 any further costs of realisation. i) Financial instruments Financial asseis and financial liabiliiies are recognised when th¢ Charity ￿CoMeS a party to the contractual provisions of the instrument. (i) Financial assets and liabilities All financial assets and liabilities are initially measured at transaction pri¢e (including transa¢tion costs). except for ihose financial assets classified as at fair value through profil or loss, Mhich arc iniliall). meaSU￿d ai fair value (￿'hICh is nortnall! the transaction price excluding transaction costs), unless the arraftgcment constitutes a financing iransaction. If an arrangement ¢onstilules a financing transaciion. thc financial asset or finan¢ial liability is measured at the pr¢scnt Tr'alue of the future pa)ments discounted at a markei rate of int¢r¢st for a similar debi instrumcnt. Financial assets and liabilities are onl). offset in Ihe statement of financial posilion when, and only when there exists a legallN' enforceable righi to set off the rccognised amounts and the Charity intends ¢iihcr lo scttle on a net basis, or io ￿a]iS¢ thc asset and settle the liability Simultaneously. Financial assets are dere¢ogniscd when and only when (a) the contractual rights to the cash flows from the financial assei expire or are seitled. (b) Ihe Chariij. transfers to another party substantially all of th¢ risks and re￿.ardS of 0￿.nership of the financial ass¢t, or (c) the Charity, despit¢ having retained some, but not all, significant risk5 and rewards of om'nership, has transferred control of the asset to another party. Financial liabililics are derecognised only when ihe obligation specified in the contrdct is discharged, Cancelled or expires. Pa¥e= 23

INTEILN'ATIONAL AIN'IMAL RESCUE (LIMITED BY GUAIL4NTEE) NOTES TO THE FIN￿CIAL STATEMENrs FOR THE YEAR E)DED 31ST DECEVIBER 2021 i) Financial instruments (continued) (li) Investments Investments ar¢ measured at fair value as at ihe balance sheet date using the quoted market price. The stalcment of financial activities includes ihe nei gains and 1055cs arising on revaluation ai?d disposals throughout the y¢ar. Unrr4lis¢d gains and losses on revaluation are accounted for in the relevant fund. Page= 24

Iyi fEILNATIONAL ANIMAL RESCUE (LIMITED BY GUARANTEE) IYOTES TO THE FI)ANCL4L STATEMEYTS FOR THE YEAR E￿￿ED 31ST DECEMBER 2021 2. Detailed eomp2ratives for the sla¢emen¢ of fiDan¢i*l activitie5 UDreslricted Funds 2020 Restricted Funds 2020 Total 2020 Notes Donations and legacies - Donations and grants Legacics nvestments Interesl Cash deposits UK Fixed Interest Securities Overseas Fixed Interest Securities Dii'idends K cquities Overseas cquities Other trading activitie5 2J73J46 1.131,453 301,076 2,674,422 1,131,453 410 15,423 5,979 410 15,423 38,420 10.688 38,420 10,688 Total illcome 301076 3 897 576 EXPENDITURE Charitable activities Raising funds Fundraising costs Investment managers fees 3,062J15 301.076 3J63J91 449.627 449.627 Tot#1 expettdit￿re 301076 3 67,871 67,871 Gains on inv¢stment assets 458 105 458 105 Net income 525,976 525,976 Other recognised gains {Lossc5) on foreign exchange Gains on forward exchange contracts (649) (649) Net movement in funds 570,167 570,167 Recotteiliation or runds F und balanLes ai I st January 2020 15 17 ￿89 5 173 706 Fund balaDces a¢ 31st December 2020 Page= 25

INTEIL)ATIOI%AL ￿NIMAL RESCUE (LIMITED BY GL'AILthTEE) NOTES TO THE FtYANCIAL STATEMEYrs FOR THE YEAR EJN'DED 31ST DECEMBER 2021 3. Expendityre UDrestricled Funds Restricted Funds Total 2021 2020 Charitable Activities Campaign costs Edu¢ational costs Travel and accommodation Support costs 2840,426 142,866 1,690 162206 3,002,632 142066 1,690 286 2,957,251 143,375 1,345 261420 71 162 206 3 433 421 363 391 Raising funds Fundraisin2 costs:. Appeal and other costs Support ¢osts 241.634 201 241,634 201 249,486 442 935 442 935 449 627 Investment managers fees 20 097 Tot21 AnAlyJis of Support Costs Ch•ri¢4ble Activiti Fundraising Costs Total 2021 2020 Staff costs Premises ¢osts 0￿1¢¢ administration costs Insurance Database. developmeni and compuicr costs Motor expenses Depreciation Bank chargcs Professional fees Audit and accountancy fees Sundry expcnses 205247 8J08 12J34 9JOO 174J07 2,769 4,111 3,100 379554 11,077 16,445 12,400 349,223 10.047 17,522 11.294 IlJ28 6.729 10,029 14O24 3,776 2,243 3J43 4.841 15,104 8,972 13J72 19J65 14.133 3,673 14,974 27.236 504 8,340 1.950 861 7,800 Page: 26

INTF.ILNA TIONAL Al￿mAL RF.SCUE (LIMITED BY GUARANTEE) NOTES TO THE FIIIAI%CIAL STATE.MEIJTS FOR THE YEAR ENDED 31ST DECEMBER 2021 Operating Surplus The operating surplus is staled after charging:" 2021 2020 Administration expenses including: Depreciation Auditors remuneration audit fces for accountancy work 13J72 14,974 3,760 3.650 5. StAff Costs 2021 2020 Wages and salari¢s Social sccurity costs Pension costs 651,299 608,995 49,894 The number of staff to whom retiremeni benefits are accruing under a defined coniribulion pension schem¢ is twenty (2020: s¢vent¢en). Th¢ avcra8c number of employees during the year was twenty one (2020: rtIn￿een). The numb¢r of employees re¢¢iving remunerntion in excess of £60,000 p.a. is as follows: 2021 2020 £70,001 £80,000 £90,001- £ 100,000 The key managcmcnt pcrsonnel of the compan), Comprise ihe trustee5, the Chief F.xecutive o￿l¢cr and the Chief F inancial and Operating 0￿]cer. The total employce benefits of lh¢ key mana8ement personi)cl wcrc £202,287 (2020.. £200.297). 6. Taxation The charity 15 considcred to pass th¢ tests set out in Pardgraph I Schcdule 6 Finance Act 2010 and therefore it meets the definition of a charitsble company for L'K corporaiion tax purposes. A¢cordingl)'. Ihe charity is poteniially Cxempt from t&xaiion in respect of incomc or capital gains rec¢ii'ed within categories cowcrcd by Chap(cr 3 Part I I Corporation Tax Acl ?0 l O or Scction 256 of the Taxation of Chargeable Gains Act 1992. to the cxtcnt that such income or gains are applied exclusivel), io charitable purposes. Page.. 27

IJTF.RNATIONAL ANIMAL RF.SCUE (LI.MITED BY GL'AIL4.NTEE) NOTES TO THE FII%A)CIAL STATEMF.N'TS FOR THE YEAR EYDED 31ST DECEMBER 2021 7. Tangible Fixed Assets Freehold Property Plant & Motor Machinery Vehicles Support Bo¥t Total Cost At I si January 2021 Additions Disposals Ai 31 st tkcember 2021 216,430 102,428 2,422 32,000 IlJ95 362253 2,422 27 324) 37 li 95 DepreciatlOD At I si Januar), 2021 Charge for the year On disposals At 31 si December 2021 86,417 4287 72,91)0 6,607 22.086 2,479 IlJ95 192,798 13J73 27 178 847 li 95 Net Book Vglue Ai 31 si Dc¢¢mb¢r 2021 Ai 31 st December 2020 69 8. Investments 2021 2020 Markei value at 151 January 2021 Acqui51tions Less: Disposals 5,034,234 929,467 4,132,482 798,087 4,727,689 4,481,944 Nei unrealised gain on revaluation Market value of listed investments ai 31 ￿ December 2021 Historical cost at 31 st December 2021 All invcstmenls are listed on a recognised stwk exchange. An analysis of invesiments is &s follows: 2021 2020 Ovcrseas Investments '¢rseAs Investments lllvtslmenl$ UK Total Investments Total Debt Instruments Equities 499272 206.510 705,782 774,865 243859 210,961 985,8?6 Page: 28

IiYrEIL)ATIONAL A￿mAL RF,SCUE (LI,NIITED BY GLAIiAI%TEE) LIOTES TO THE FINAJCIAL STATF.MF.NTS FOR THE YEAR ENDED 31ST DECELIIBER 2021 Debtors 2021 2020 Dcrivativ¢ asset (hhcr debtors Prepayncnts and accrued incom¢ 21,726 74,068 3,655 77,399 10. Creditors: amouttts f2llillg due withiD ODe year 2021 2020 Tradc creditors Othcr t&%es and wial security costs Other creditors Accruals 32,844 17,642 5,699 30.712 20,401 6,099 I l. International Animgl Rescue Trndillg Limited The Charity holds l OOO/o of the issued share capital of International Animal Rescue Tradin8 Limited (2 ordinary £1 shares). Thc cotnpan). was dorniant throughoui ihe year. 2021 2020 The assets and liabiliii¢S of the subsidiary were= Assct5 Liabilities 3,773 3,773 Aggregate share Capital and reserves Consolidaied financial statemcnts have not becn prepared for the Group on the grounds that the subsidiaj). is not material and the Costs of preparing Gmup financial statements outwcigh the benefits arising from them. 12. Share Capital The compan). is limited by guardntee having no share capital and members having a liability not exceeding £ 5 0 each. Pag¢: 29

INTEILNATIOJAL AYIMAL RESCUE (LL￿IllTED BY GLARAIITEE) LNOTES TO THE FIYLNCIAL STATE.MEI'TS FOR THE YEAR ENDED 31ST DECE￿IBER 2021 13. Financi*l Instruments 2021 2020 Financial ass¢ts measur¢d at fair value Ihrough income accounl 545 422 14. Restrieted Funds At 1st Janua 2021 At 31st December 2021 Income Expenditure Ordngutan Conservation Costa Rica Build Arnienia Bears Orangutan Release Progrdmme 9,025 500,001 101260 (9,025) (51,921) {101260) 448,080 15 15 Prior Year At 1st January Ai31st Dcccmber Income Expenditure 2020 2020 Orangutan Conservation PPE Indonesia Plant A Tree - Indonesia India.. Dancing Bears Artncnia Bears Oranguthn Release Programme 5.660 2,000 6,000 249,122 38,294 (5,660) (2,000) 16,000) (249.122) (38,294) £15k of restricl¢d funds was brought foniard for th¢ purpose of designing a ne￿. transmitter syslem for post-release moniioring of orangutans. Due io ongoing issues ￿"1th testing of the protot￿pes, these funds remained unspent as at DecemlKr 31, 2021. IAR is in discuSSIOTiS With its partners how best to proceed. IAR received a £SOOk restricted grdllt to fund th¢ construction of a new wildlife rescue centre in Costa Ri¢a. £52k was utilised during jo? l io secure the slte. the balan¢¢ of £448k w'ill be utilis¢d during 2022 and beyond. £9k of funding was receii'cd during ?0? I, restricied for Oranguthn conservation work in Indonesia and £101 k of funding for the Arwn¢nia Greai Bear Rescue proj¢ct. All these funds were fully utilised dursng the financial J'ear. Page= 30

INTEILNATIONAL ANI.MAL RESCUE (LI.MITED BY GUARANTEE) OTES TO THE FI￿LICIAL STATEMENTS FOR THE YEAR ENDED 31ST DF.CEIMBER 2021 15. Unrestrieted Fund5 At 1st January 2021 L'Drealised At 31st And realised December g*ins 2021 Income Expellditure General Fund Prior Year Ai 1st January 2020 Unrcali5ed At31st and rcalised Dcccmbcr gains Income Expenditure 2020 General Fund 16. Analysis of Net Assets betweeD Funds Unrestrided Restricted Tothl Tangible fixed assels Investments Stock Debtors Cash at bank Other net CU￿ent liabilities 158,504 5254,194 13,633 103.869 524,845 158,504 5254.194 13,633 103.869 988,814 463,969 Prior Year Unrcstrictcd Restricted Total Tangible fixed assets Ini'esiments Siock Debiors Cash at bank Other nel curr¢nt liabilities 169.455 5.OJ4.234 8,145 88.489 495,299 67 638) 169,45) 5,034,234 8,145 88,489 511.188 67 638) 15.889 Page.. 31

INTE￿NATIo.￿AL L)IMAL RF.SCL'E (LI,MITED BY GLARAINTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 17. Related Party Trallsaetiotts Grants and expenses totalling £164,494 (2020.. £188:409) ￿ere paid to Catastrophes Cat Rescue. Th¢ partner of Alan Knighi, Chief E.¥ecuti&'e O￿l¢tr of IAIL is the founder and trustee of Catastroph¢s Cat Rescue. Accounting services are provided free of charge io Catastrophes Cat Rescue. O￿lCe space and accounting services are proi'ided free of charge to British Divcrs Marine Life Rescue. Alan Knight, Chief Execulive o￿leer of IAIL is a irusi¢¢ of Brilish Divcrs Marinc l.ife Rcscuc. All transactions were approved b). the Board of Trustees. 18. Trustees remulleratioll and expellses No remuneration or eX￿nSeS were paid by the charity to any Trustee durin8 this year or the previous year. 19. Notes to ibe Cash Flow Sthtement Reconciliation oc net surplus to Det c￿h inflow from operating activities 2021 2020 Operating (deficit) (24,926) (3,049) Depreciation (Increase) in stocks Movement on derivative assct (Increase)Idecrcase in dcbtors Increasel(decreasc) in creditors 13J72 (5,488) 18,071 {15J80) 21 14,974 (159) 44,839 83,933 Net inflow frotn operating activities Page= 32