Official
COMPANY ￿ MBER: 06035040
CHARITY ILJIBER: 1118277
ILYTEIiN.4TIO)AL A&lTrt4L RESCL',E
(LINIITED BY GLAIL&NTEEI
REPORT OF THE TRLSTEES
AliD Flll LNCIAL STATEML ENI TS
FOR THE YEAR ENT>ED 31ST DECEMBER 2023
Dedieated to tbe rescue rehabiiitstion ofsulTering aDiTnals
wwTrTr'.iDlerDationalanimalrtgeue.o

INTEILNATIONAL ANT%IAL RESCLE
(LINIITED BY GLAli￿NTEE)
REPORT OF THE TRLSTEES AJD FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
CONTENTS
Page
Legal and administrative information
Report of ihe trusiees
2-12
Report of the independent auditors
13-16
Statement of financial a¢tivities
17
Income and expenditure account
18
Statement of comprehensive income
18
Balance sheet
19
Cash flow statement
20
Notes to the finan¢ial slatements
21-33

INTERNATIONAL ANI.MAL RESCUE
(LIMITF.D BY GUARth'TEE)
LEGAL AYD ADMINISTRATIVE INFORMATION
Registered company number:
06035040
Regigtered charity number:
1118277
Trusteeg:
P G Bennen M.A. (HonsKCanthb) Dip.Ed. (NL)- Chair
P Cassar BS¢(Hons) BDS
A Bruce
A Matro Roman
President:
A Knight OBE BS¢(Hons)
Chief Executive:
G Bruce
HeAd of FinAnce:
DRap
Registered Office:
Lime House
Regcnc), Clos¢
Uckfield
Ea5l Sussex
TN22 1 DS
StAtulory Auditors:
Clark Brownscombe Limited
Chartered Accouniants & Ststutory Auditors
2 St Andrem's Place
Lewes
East Sussex
BN7 IUP
Princip*l bankers:
The Co-operative Bonk pl¢.
24? Iligh Sireel
Excter
EX4 3QB
Investment Advisors:
Rathbone Greenbank Investments
l O Queen Square
Bristol
BSI 4NT
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INTF.ILVA TIOYAL AIYIMAL RESCUE
(LI,MITED BY GL'ARANTEE)
REPORT OF THE TRLTSTEF.S
FOR THE YEAR ENDF.D 31ST DECEMBER 2023
The Trustees have pleasure in prcsenting their annual report and finan¢ial sthtements for the year endcd 3 1st
De¢¢mber 2023.
In 2023, International Animal Rescue (IAR) nai"igated a )'ear of resilience and innovation amid51 global
economic ¢hall¢nges. Despite the ongoing macro-cconomic challenges: we remained steadfast in our Tnission
to prote¢t animals and conserve habiiais. Kc!. highlights include the succcssful release of orangutans likc Budi
in Borneo and ihe complelion of ihe Sir Mi¢ha¢l Uren Wildlife Rescue and F.ducation Centre in Costs Rica.
These achievements underscore our adaptability. and the unli.a￿erIng dedication of our staff and supporters
worldwidc. A5 we present this repory w'e are proud of the tangible diffe￿nceS wc have made and remain
committed to our vision ora world where humans and animals coexist in 5uslainabl¢ ￿OSYStems.
Structure
Inlernational Animal Res¢uc (IAR) is a compan! limiied bN guarantee and a registered charity. It is governed
by its Memorandum and Articles of Association dated 21si Dec¢mber 2006.
The Trustees of thc charitable company are its trustees for the purposes of Company Law. Throughout this
report ihey are ¢olle¢iivel)' rcferred to as Trustees.
Legal and administraiivc inforniation set out on page I fornis part of ihis report. Th¢ financial statcm¢nts
¢omply with ¢urr¢nt siaiulOTI' rcquircmcnts. thc Mctnorandum and Articles of Association, the Companies Act
2006 and Ac¢ouniing and Reporting b), Charitics= Statcmcnt of Recommended Practice applicable to charities.
History and Forniation ofinternational Animal Rescue (Limited bv Guarantee)
On I s( January ?008 the n¢1 255¢15 of Iniemaiional Animal Res¢u¢ (-Thc -fillycr Foundation) wcre transfcrrcd
into rhe company whose new charil)" number is 1118277. Intemaiional Animal Rescu¢ was originally
register¢d with ihe Chariiy Commission in 1989 under charity number 802132, which be¢ame dorn)an¢ after
Ihe ¢han8e in structure in Januat), 2008.
Recruitment of Trustees
In accordance ￿'Ith thc Articles of Association, the numbcr of trustees shall be no les5 than three and nol subjcct
to any m&xitnum.
New trustees may be appointed bv ordinarv resolution. Every new trustee shall sign in the minule book a
declaration of acceptance and of M'illingness io aci as a trnsiee of the Chariry.
Trustees are recruited as required or ￿,hen a particular skill gap is tdentified. Truslee5 are selected based on
what they Can contribute to the Chariis.. Trusiees need to be prepared to tske an activc part in thc running of
the Charily and therefore need to be able - and willing - to give time to the efficicnt administration of th¢
Chariiy and the fvlfilment of its objeciives.
Prospective tnjstees are required to consider ￿.￿ether thcrc would b¢ any possibl¢ conflicts of interest if they
were to be appointed as a triistcc. It is parlicularls. IM￿nant that the individual 15 frce to make a full
contribution to ihc tru5tccs' di5CU55ions and decisions.
When recruiting ncw Chariiy trustees. the existing trustccs ensure ihey undersland the purposes and aitns of
the Charity, a5 w'ell as their broader duties and rc5ponsibililies as irusiees so that the! are able to explain to
prospective Irustees what is required of them.
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l￿TE￿NATIo1%AL A.N IMI AL RESCUE
(LLMITED BY GUARANTEE)
REPORT OF THF. TRL'STEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Org•nisation and Management
In tern)s of organisalional slructure the Trusi¢¢s are r¢sponsible for the strategk¢ direction of the Charity,
governance and charting perfornian¢e against thc budgct ￿h1¢￿ is prepared annually. Ini'¢stmeni decisions
regarding the funds of the Charii). and d¢eisions regarding expansion inio new terrttories ar¢ made by thc
Trustees.
The Chief Execulive 15 responsible for the da)'_t(Hlay operational managemeni of the Charity, reporting on
progress io the Trusiees at ihc schcduled Truslees. mcctings. If there are extraordinary issues that nc¢d to be
brought to the arteniion of the 'fruslces. cxtra Tncctings arc scheduled as required. The Chief Exe¢uiive is
responsible for maintaining relaiion5hips 1% ith partncr charities. staff management. recommending projects to
the Trustees and annual financial perfom)ance.
The Chief Ex¢cutiv¢ is supp)rted by a small managemeni team who are responsible for fun¢iional areas within
the Charity. These functional heads provid¢ periodic repons for the Trustees.
A￿11￿#te$ and Partners
International Animal Rescue is affiliaied and provides funding to severdl other independent groups..
Yayasan IAR Indonesia (YIARI) runs primate rescue and rehabiliiation ¢enty¢s in Java and Borneo.
Indoncsia.
Internalional Animal Rescue Costa Rica runs our wildlife protection effort in Costh Rica.
Iniemaiional Animal Rescue US and Siichting International Animal Rescue {Netherlandsl scrve the
North American and EU ierriiories respectivel}, with education and information r¢lating io the projects
that International Anilnal Rcs¢ue suppons. As a group. the independent International Animal R¢b¢ue
Charities shar¢ common goals and objectives.
In addition io the a￿1]late group. International Animal Rescue also works very closely with several
International partner organisations a5 follows:
Wildlifc SOS (India) who are restM)nsible for the Dancing Bcar Projec( in India.
Catsstrophes Cat Rescue, ￿.hICh proTr'ides care for older and unm'ell cats in ihc UK;
FPWC (Amienia) ￿'hO rescue and rehabilitat¢ S)Tian Brow'n Bears in Arnienia.
British Divers Marine Life Rescue (UK)-
East Sussex Wildlif¢ R¢5cu¢ and Ambulance Service (UK),
Animal Protection Agcnc)'_ APA (UK)-
Friendi¢o¢s SECA (India).
Risk M*n*gemeDt
The Trnstees haN'e prepared a risk assessment docutneni for the Charity. This covers risks regarding data.
coniinuity. succession and liability.
The trustees review the major risks io which ihe Charity is exposed on a regular basis and systems are
implemented whenever p05sibl¢ io mitigate these risks. The Trustees believe that there is a satisfactory SyStcm
of inlernal controls which are also r¢viewed on a regular basis.
Objectives
Intemational Animal Rescue works w'ith expert affilÈaie and partner groups on projects thal will Tnake a
signifi¢ani impact on animal ￿'¢]fare and con5¢rvaiion issues. The Charity engages with local and national
govcrnmenls internationally, as support from the sthie combined with efforts on the ground gives the various
projects the besi chance of sUCC¢SS.
For the bcnefit of the public to- (a) relieve the suffering of anima15 in need of care and attention and to provide
rescue facilities for the reception, Care, rehabililation and reintr(Kluction back into the wild of su¢h animals.
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INTEILNATIOINAL ANIMAL RESCUE
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REPORT OF THE TRLTSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
(b) protnote the conservation. protection and improvement ofthe physical and natural environment and support
Ihe development of sustsinabl¢ ecosysiems.
International Animal Rescue works with expert affiliale and partner groups on projects thal will make a
Significant impact on animal W'elfa￿ and cons¢Th'ation issues. The Charii), engages with l(Kal and national
govcrnments intcrnationall),, as suppon from the slate combined with efforts on the ground gives the various
projecis the besl chancc of success.
The ttkain objectives for 2023 were-
Develop holisti¢ mitigation Siratrgies io proieci wildlife. habitats and the naturdl environment:
Work ￿1th Wildlife SOS (India) to providc safe sanctuary for the rescued dancing bears in India and
continu¢ to res¢u¢ bears thai are ihreaiencd-
Support thc rchabilitation and release progrdm of macaques in Indonesia:
Work to mitigate the illegal pet trade in Indonesia as w'ell as continue the rescue, rehabilitation and
release of the slow loris-
Continuc and monitor the orangulan rclcas¢ progrnmme-
Continue the Great Bear Rescue progrdmme for Arnienia:
Finalise ihe ¢onstru¢iion of the nem. Wildlife Rescue and Education Centre and continue to develop
our wildlife proteciion strategies in Cosia Rica-
Continue to support Cata5trophcs Cai Res¢u¢ in ihe UK.
Continue to sustainably grow the UK charit). in an efficient manner. In¢￿asIng fundraising capacity
with minimal increase in overhead.
Develop digitsl 5UPPOrtcr siraiegies 10 reflect the importance of digital media and social ne(works.
Public Benefit
In consideralion of The Charities Act 2011 definilion of ¢haritsble purwse- the Trustees of Intcrnational
AniTnal R¢s¢u¢ consider that the objectives and aclii'ities of Ihe Chariry are for the public bcnefit by supporting
the advancement of animal welfarc. In Setting the programme each year the Trustc¢s have regard to both the
Charity Commission s gencral guidan¢¢ on public benefit and the advancement of animal welfare for the public
benefit. Thc Trustees alwass ensure ihai ihe programme5 undcttsken are in line with ihe charitablc objcctivcs
and aims. The activiiies, which are described in more detail in a separate section below. cover thc following
charitable purposes for publi¢ b¢nefit-
promoting kindnes5 and to prevent or suppress cruelty to animals;
building and funding anitnml san¢tuari¢s in the UK and overseas.
provision of veterinary care and trcatsneni ￿ anim315'
care and re-homing of animals that are abandoned, mistreated or105t:
Conservation of endangercd wildlif¢;
mitigation strategies of the illegal wildlife trade;
spaying and neuiering projects for feral animal control-
rescue, rehabiliiation and release of wild animals- and
consetving habitsts and protecting thc naturnl environment.
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REPORT OF THE TRLSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Review of ACtiTrities
This seaion pro* ides an oi'en'iew of the I'arious programmes that are supwrted bTr' Ivtternational Animal
Rescue.
At International Animal Rescue, our ￿'1s1O￿ is of a world where humans and animals coexist in sustainable
ecosystems. The ieam see first-hand the impact of huTnan acti¥'it%' and climate change on precious e¢os>'stems.
Habiiat Ioss is Otte of the most ¢riii¢al factors impacting biodi%ersits". One of the biogest threats io the suTr'ival
of other species on the planet is ihe raie ai Mhich humaniTh is transforn)ing the natural landscape. through
building roads and cities. and Coni erting land to gro￿ food. IAR"s mission is to build awareness and put
effe¢tiv¢ systems in place so th￿ habithts and animals are protecied.
EcoDomic Backdrop
In 2023. our tnain challenge has continued io come from the impacts of the Russo-Lkraine W'ar. From an
income persp¢cci*e. the c05t of lii.ing crisis as a resuli of the *ar ha5 ifftpacted the disw)sable income of our
donor base. as rising bills and interest rdtes hai'e reduced the disposable inCOTne of a large portion of the public.
From a projeci perspective. there has been a direct impaci on all of the projects thai we SUPTKYrt. Inflation
around the world has drii'en increases in nearlN" all projeci cost areds. including siaff costs, animal food, and
utilities to name a few example5.
Thankfully. these challenges appear to be easing as we mol'e into 2024. Inflation has started to return to a more
nomial level. leading to speculation of int¢r¢st raie ¢uis in ?0?4. This has alread)" had a small posilive impact
on our investments. ￿hICh are hea￿11￿. influenced b) high interesi rates.
As w'e see signs of these challenges ¢asing. ￿e remain i igilant to further macro-e¢onomi¢ risks. but remain
positive for the coming }'ear. The Trusiees of IAR are immensell" grateful to all the SEaff and fvolunteers ai our
projects for their continued efyorts in protecting animals and habitsts in such unprecedented conditions. and to
our supporters who haNe stood b). us during this challenging time.
Conseryation
li is clear th￿ the Combined rhreais of ¢limate change. biodiiersitN" loss and the spill oi'er of pathogens from
'ildlife to people P￿Sen1 an exisieniial threat to humaniTh. IAR"s aH'ard-￿In￿i￿g environmental and
conservation programme. IAR¢onseTh"es aims io iackle these threats bv adopting a holistic 'One-Health'
straiegy.
IARconserves
IAR has focused on des'eloping local. grassroois. nature positii'e strdte£ies ￿"hich. w.hen scaled up. hafve a
much more tneaningful impact. The uliimaie goal is for ￿lId[ife to be liN inq safel)" in sustainable ecosj'stems
and for COrnTnunities ￿ be h¢althi and prosperous.
IARconserves is centred around WOTking alongside local communities in Indonesian Borneo who are best
placed io ideniifv issues and implement solution5. The work selects from a tLK)Ikit of initiatiics that hav¢
deN'eloped and tested oler man! )ears. This means that we can implem¢ni tailored solutions at the village Icvel
thai deliver tangible outcomes for people and n&ure.
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Over many years. With ils parThers and a￿lI]ateS. IAR has developed holistic, community based miligTation
programmes which, when combincd. hai'e a tangible benefit to the sutvi¥'al of spccies. The Conservalion
strategies are closely aligned io thc UN'S Sustainable De%'elopmcnt Goals {SDGs).
These include..
reducing illegal wildlife Irade;
forest patr(Ils to reduce the risks from fire and illegal loggin&
sustainable land use sirategies;
reforestation and tre¢ planting;
mangrove rcstoration;
deep peat protcction and resloraiion.
working with local communities on praciical solulions io reduce human impact. such as alternative
livelihoods. community enterprise. schooling and scholarships. organic farniing and f¢mal¢
empow'cmient:
reintroduction into the wild of endan8ered wildlife io rebuild threa*ned populations.
human_wildlife conflict miiigation.
In March 2023, to mark International Women's Day. we hi8hlight¢d th¢ amazing work of The Power of
Mama - the firs(-ever group of femalc volunteer firefighters in Borneo. The Power of Maina is a community-
led initiative supported by YIARI. IAR'S partner organisation in Indonesia. which is inspiring local womcn
lo play an active rolc in forest protection and fire prcl'ention. Fires are one of the biggest risk5 to the
rainfor¢st and to the survival of the critically endangered ordnBulan. YIARI'S long-lerni goal is to provide
these inspirational women with the support and the tools lo build lonB-la51ing, meaningful career5 in
conservation.
Orangut¥n Consenalion
SinLL ?009, IAR'S Indon¢sian partner. YIARI. has had an agreement with ihe Indonesian Ministry or
Environment (KLIIK) to rescue and rehabilitale the critically endanger￿ ornn8uians ofwestem Ilorn¢o. -l-he
IAR Orangutan Rescue and Rehabilitation Ccnirc in Wc5t Kalimanthn is the hub for th¢ oran8Utan conservation
effort. The work carricd out 15 in partncr5hip w'ith th¢ KLI IK and divisions of ihe Nalural Conservation Agcncy
BKSDA.
The ultimate goal is to kccp orangulans in the wild and prolect habitats such that they are not displaced and do
not need to go through thc rcscue. rchabiliiaiion. release proce55. Due lo ihe succc55 of YIARI'S lon¥-l¢rni
holistic mitigation stratcgie5, the number of oran8Utans being rescued has reduced ¢onsid¢rably. IAR and
YIARI are developing holislic proj¢ct5 Ihai engage gov'ernment authorities. local communiiics and comm¢rcial
businesses to dei'elop sustainablc projccts Ihat prolect species and habitats. thus prevcnting biodiversiiy loss
and reducing greenhouse gas emissions.
Although peatlands cover less than 30/0 of global land surface. estimates suggesi that p¢atlands contain twicc
as much carEx)n as the world'5 forcst5. and so peatland conservation is crucial to sioring carbon. Mainlaining
hcalih>" pcatland5 also helps to lessen the impact of climaie change by regulating waier flows, redu¢ing
flooding. droughts and fires.
YIARI is working io conserv¢ deep peat forcsts, which ar¢ lh¢ habitat of some of thc world's mosl important
species, including orangutsns; this has the double benefit ofprotecting biodiversity and combating climate
Change. YIARt ha5 implemented a funded management plan to protcct a l 00,000 acre deep peat forest.
home lo cl.000 wild oranguthn& which was threatencd by fire, ill¢8al logging or conversion.
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INTERNATIONAL ANIMAL RESCUE
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REPORT OF THE TRL'STEES
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During th¢ year. after being rescued in tk¢¢mbcr ?014 and )'ears of rehabilitsiion. Budi. a wnalc orangutan.
'as rclcased back into his rightful home - the H ild. Budi s triumphant return io the wild is a testamcnt to the
unwavering dedicalion and collabordtion betm'een goi'erntncnl authorities, NGOS, local communiiies, and
corporations committed to Cons¢￿ing Bornean orangutan w>pulations.
Budi was rele&sed inlo Bukit Baka Bukii Raj'a Naiional Park along with five other orangutans in June 2023.
The release operation started out from YIARI s rehabiliiaiion centre in Kctapang on 22 June and took four
da),5 of travel and trekking through the jungle to the release siie. The location in the Naiional Park was
chosen because the condition of the foresi li'as in accordance w'ith the habitat oranguthns need, as ￿.¢1] as the
abundance of Irces that would proi'ide enough food for ordngutans. The release site was remote and look a
long lime io reach, w.hich although providing challenges. mcant it would provide excellent security for the
released orangutans.
Illegal Wildlife Trade
In recent )'ears the impact of the illegal wildlife trade on species has reached unprecedented levels. It is
estimated to be worth up lo $23 billion a )'ear and r¢pr¢s¢nts a ihreai io ihe very ¢xisience of some of our best-
loved species including rhinos. tigers. elephants and pangolins. Urgeni action is needed to address this crisis,
to help countrics control poaching on the ground as ￿¢11 as io take sieps io reduce the demand in consumer
countries which is ultitnalely driTr'ing th¢ trade.
IAR is part of a coalition of I l aniTnal proieciion groups, Asia for Animals s(￿la[ Media Animal Cruelty
Coalition ISMACC). ￿.hICh in ?023 produced a nem, ￿ port on the suffering of pet macaques for social media
content. Between September 2021 and March ?013. SMACC recorded 1226 content links froJn Facebook,
Instsgram, TikTok and YouTube. shO￿.1ng macaques kept as pets. The content ranged from s¢¢mingly
'innocent" treatment to the violcni and grnphic tonure ofmacaques and collecti￿elY had over 12 billion views.
Amongst other hO￿l[￿.1￿g discoveries, Ihe rep)rt found that 6￿/0 of the links showed pet macaques being
directly physically abused.
SMACC is calling on so¢ial media platfornis to rcstri¢i ¢onieni which shows macaques a5 pets, and to lake
proactive measur¢s to remove content shoiN'ing their abuse. Social media users are cncournged io not watch or
cngag¢ with such content, but instead rcport ¢nJelt)' content to Ihe platform5.
Slow Loris Con5en'ation
Iniernational Animal Rcscue Indonesia operates one of ihc only dedicaied rescue and research cenires for the
slow loris, a critically ¢ndang¢r¢d noctUrn31 pritnal¢. The IAR Primaie Rescue and Rchabiliiation Centre is
located near Bogor in Java. Most of the animals at thc ¢enire ha¥'e been confiscated froTn the ill¢gal exotic pet
trade. Little is known aboui th¢se primates. rescarchers and students from various universities work witli the
IAR team to conduci studies inio habitat. dieL IKhaviour and ecology. A release programme has b¢en
implemented whereby rcleased animals are moniiored in the wild using rddio tracking equipment.
IAR has an actil'e Wildlife Proie¢lion Team. This unit investigates the illegal pei tyad¢. including the trade in
slow lorises. It 15 a collaboration M'ith the polic¢ ond Minisin. of Forest and Cons¢nJation. Whenevcr possible.
the teatn gathers evidence to ensLbrc successful lam. enforccmcnt and. when appropriatc. prosecuiion.
In April 2023, 1 O lorises Ns'ere released back into the w'ild after their rehabiliiaiion. These slow loris¢s had been
handed over by residents around Wesi Jai'a to ihe authoriiies in 2022. The slow lorises ￿ere Cared for at the
YIARI animal rehabiliiaiion Centre in W'est Jav& M'here theN' und¢rweni medical treatment and a rehabilitation
process before b¢ing returned io iheir naturdl habitai.
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INTF.tLNA TIONAL ANIMAL RESCUE
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REPORT OF THE TRUSTEES
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Indian Danein% Bear Project
International Animal Rcscue has been working with its panner Wildlife SOS (an Indian charity) since 2002
on a project Ihai ended the trade of dancing bears in India. The partnership has buili up 3 sanciuaries across
India to ac¢ommodate ihc rescued 'dancing' bears: in addition, a community programme has been devised to
support the Kalandar people who once relied on the kars for their income. During 2023, IAR provided £452k
of funding to this project.
The Kalandar people have had vocational iraining and financial support lo establish ihem into new profcssions.
In addition. the communities are supportcd ￿lIh schooling and education such ihai they may have a brighter
future.
IAR has an ongoing commiimenl to provide the best possible care for the 173 rescued bears {as of ihe end of
the yearl for the rest of iheir lives. The financial commilmenl lo the bears is significant a5 the food, ¢nri¢hmenT,
veterinary and medical expenses are considerabl¢.
C41 Rescue
IAR supported Catastrophes Cat Rescue in ?0?3. whi¢h offers a 'lasi chance reflbgc for oldcr cats thal it would
otherwise bc ditTicult to firkd a homc for. Wh¢n cals arrive. Ihey may simply have problems with their dict or
pcrhaps have an underlyin8 healih problem thai needs aiiention. All Ihc cais rcccive expert velerinary care.
I'here is 8 small vclerinary surgery on sile wher¢ simple pr(K¢dures can be adminisiered. As cats grow c)Idcr
the>. oftcn suffcr from dental diseas¢ w'hich Can make ihcir lives miserable. Icading io a rapid loss of condi(i0i)
as (hey find il ditTiculi io cal. The daily routine of cleanin& feeding and medication continued through thc year
thanks io Catsstrophes, dedicated group of carers.
C051A Riea- Howler Monkeys
IAR Cosla Rica is located on the Pacific Coast in the town of Nosara and 15 ddi¢at¢d to prol¢¢tin8 wildlif¢ in
Costa Rica. with particular attention lo Howler Monkeys.
The main issue in and around Nosara is wildlife electrocuiion. Due io uncontrolled residential developinent.
the Irecs are bein8 r¢moved and ov¢rh¢ad electri¢ cables are bein8 inslalled. The monkeys use the cables as
r¢plac¢m¢nt arboreal roui¢s. Unfortunaicly. in manv situations. Ihe electrical apparalus is not insulated and ihe
monkeys suffer from electrwution. Very often. the adults are severely injured or killed outright: howcvcr,
somelim¢s, Ihe infants (w'hich cling to their mothers) can survive. After emergency medical aid. Ireatment and
a Icngthy proccss ofrehabiliialion, Ihe aim is to r¢lease small troops of young adults back into the wild.
Thc IAR C05ta Rica team continues io ￿Ork th.iih the authorities lo defvelop strategics for mitlgation and
prevcntion. The ongoing collaboraiion between MINAEISINAC, the electriciN providers and IAR has mcanl
thai many hotspots for electrocution have been remedied in the year. In addilion, rope bridges have b¢en
insialled to connect the tree canop), and maintain routes for arboreal ￿'11d]ife. Also, working with the ele¢iri¢
Companies, the Irees are trimmed back to reduce ac¢css onto the unsafe cables.
In November 2023, the Sir Michael Uren Wildlife Rcscue and Edu¢aiion Ccntre was ¢ompleted, with all
resid¢nls at ihe existing temwrary facility moving inio their new hom¢ by the end of the montli.
The new centre ha5 capacity to house up 10 200 animals al a time and, Should it prove necessary, this will
enable the numFKr of how.ler monkej's undergoing rehabilitation at an). on¢ iimc lo increase by 50Q/o. The 5tate-
of-the-art clinic has all the space and pmfessional equipment nccdcd to provide ihe best possible care for sick
and injured animals. It is 5tsffed by skilled veterinarians and a full support team: ensuring that animals receive
immediate. specialiscd medical attention. This will Significantly increase their chances of suryival and cnable
them to regain their hcalih and sirengih.
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INTEILNATIONAL ANIMAL RF.SCUE
(LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Alongside animal care, this new centre will aci as an educational hub. furthering our mitigation efforts, and
the whole team are beaming with grdtitude for the support we received to build this centr¢.
The 2023 statistics for IAR Costs Rica are as follows:
Total Animals Received.. 404 (274 mammals. 110 birds, 20 reptiles)
Total Emergency Calls Re¢¢iTr'cd= 1.095
Total Electrocution Reports (Calls)- 147 (134 howler monkeys, 5 squirrels, 8 other mammals)
Total Number of Electrocuied AniTnals Receii'ed= 45 how'l¢r monkcys
Total Anitnals Rcleased.. 140 (92 mawnwna15, 40 birds, 8 reptiles. Incudes 15 howler monkeys, 4 of which
were electrocution patients)
Armenia Bear5
Historically, wild b¢ars have been illegally caught or trapp¢d by poachers in Amienia. On¢e captured. many
of ihem end up in small. squalid cages in restsurants and other public entertainment venues as a tourist
attraction. Some arc kcpt in bus detK)ts, others are hidden from view in dark cellars. Some of the bears are
mentally and physically damaged bv the boredom and frusirdiion of their miserdble existence behind bars.
The bears in Arnjenia are Syrian Brow'n Bears (Ursus arcios syriacu5). onc of the smaller sub_species of brown
bear. They are foutEd in the mountainous areas of th¢ country w.hcre thcv forage for fruits. berries and insects
in th¢ mcadoivs and forests and hibernaie in caves and ire¢ hollows. Th¢ir barren prisons are a far cry from
their natural home in the forest.
Many bears are being kcpt captive in tniserable conditions across Arnienia. including in the ¢apiial ciiy of
Y¢r¢van. Some hav¢ bc¢n incarcerated for )'ears in crdmped cages M'ith scarcely any fo(Ml or water. Their
environment meets none of iheir ps)'chologi¢al or ph)'sical nccds. They have very little space to move around
in. They are given unsuitsble and insulTicicni food and no eni'ironmentsl enrichment to distracl and amuse
them. The bears have been deprived of thcir dignily" and thcir freedom. Thc). lack everything they need to live
life as nature intended.
In October 2017. in conjunction ￿'1th local partners FPWC, Internalional Animal Rescue launched a new
campaign to help these suffering bears. The Great Bear Rescue aims to free them from their suffering and,
after thorough vclcrinari. check5 and a55e5Stncnt, r¢habililalc and evenlually relcasc those that are ph)'sically
and m¢ntslly equipped to fend for ihcwn5elves in lh¢ ii"ild. Those that are noi viable for release will be given a
p¢rmancnt hotnc in sancluari¢s ￿.h¢r¢ ihc). H ill b¢ isell cared for, ￿¢11 f¢d and have the freedom to ¢¥pr¢ss
natural bcar bchaviour.
In July 2023, two b¢ar cubs. Sam and Lexi We￿ found alone and ierrified. their mothers likely victims of
poaching. The cubs were welcomed into our Care and received the dedicaied allention of our skilled
vcterinaries. Th¢). ar¢ nom. b105soming inio N'ibranL energeiic cub4 and with the support of their carers.
providing all the skills n¢c¢ssary io surn.1￿¢ in the M'ild, the ho￿ is that once read).. they can be releascd back
into thc ivild.
By the end of 2023. Ihere are 29 rc5cued bears are now being Cared for at a purpose build rehabilitation centre
in the South Caucasus molbntains of Amenia.
Page.. 9

INTEIiNATIONAL AWI IMAL RESCLTE
(LIMITED BY GUARAwfEE)
REPORT OF THE TRb'STEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Fut￿re plans
Looking inio 20?4 and ixyond. thc charity will continue to expand its audience through the IARconserves
programme, highlighting ils widcr protcction, conscrvation and environmental strategies. Ai a lime ivhen
bi(Idiversity loss, climaie change and the link ktw¢cn nalurc and hutnan health is 50 prominent, it is right that
IAR presents its holistic 'on¢-healih' conservation approach to new and existing supporters 50 that this critical
work Can deliver the biggesi impact.
W¢ plan to capitalise on the strong perfomiance in digiial re¢ruitmeni we saw towards the end of 2023. 'IThis
'ill involv¢ ¢ontinuing io refine our online fundraising and ¢reaiing mor¢ immersive contenl that allows
supporters to conneci more deepl). with our projects and ihe animals we help. Alongside this, we will be
reviewing and enhancing our supporter stew'ardship progrdmme to ensure ihat those who give to IAR feel
valued and understand the impact of their contribution5.
In our project worl we will continue to supwrt and expand our key initiatives in oranguian conservation, bear
rescue, slow loris protection. and wildlife rescue in Costs Rica.
lllvestments
I'he Charity's equiry investments are managed by Rathbone Greenbank'5 cthical invesmient team according
io the objectives of the Charity.
Our reserves are inve5tcd in a divcrsified ponfolio of socially responsible assets, including those focus¢d on
future revenue streams in scctors likc reTre￿.able energ).. Increasing interest rdtes imposed by the Central banks
io counter rising inflation in the aftermath of the Covid-19 pandemic and the war in Ukrainc have had a
negative impact on the valuation of these assets due io higher discount rates applied to long-temi cash flow
proj¢¢rions. These challenges are slarting to abaie th'ith n]mours of interest rate cuts already having a positive
itnpa¢t on our investments: any actual cuts should coniinue io drive an improvcJn¢nt in our investment's
p¢rfomiance. Despite the volaiilits.: th'e remain confident in the sustainabiliiy mandate of our rcscrves
investment portfolio and are hoping to see iailwinds in the near future.
In 2023. the investment porrfolio expericnccd gains of 3.40/0 (15.50/0 loss in 2022). This was built up of
unrealised gains of £59k and realised gain of £4?k. Approximatel}, £lm of the investment portfolio was
liquidated to cover operational proj¢cl ¢xpenditure and ncw c¢nlrc constru¢iion' £260k of which was ih¢
utilisation of restricted funds. Incomc from ini'estments in ?093 was £93k. in line with incotne rcccived in
20?2.
Financial Performance
Income was lower irk 2023 at £3,143k (?022 £i.531 k). In 2022, a one-off donation of £143k wa5 receivcd from
Ricky Gernais from proceeds from his Arniagcddon tour. Alongside this. 2022 saw a higher level of lega¢y
income than usual, as such wc saw a reduction of £255k from legac). incomc in 2023. This income source is
always uncertain in its tiTning. Individual giN'ing was mosili, consistent with ?022, however towards the ¢nd of
the )'ear we saw strong perforniance in digital gii'ing, and ive expecl this trend to continue into 2024.
Charitable expenditure was higher in 20?3 than in Ihe pre￿i0￿S N'ear ai £3.437k against £3,34 Ik in ?022. Direct
support to the Projects increased slightly in 2023 to £3.135k. Fundraising ¢osis were highcr in 2023 at £569k
{20?2.. £458k). 'fhis reflects thc rc5tArt olour supporter recruiiment program, boih digitally and offline.
The Charity experienced an operating 1055 in 2023 of £878k. Of this. £360k (£260k of which being the
utilisation of restricted funds) sN'as for the ncw. res¢ue centrc build in Costa Rica. £376k was funding for the
conslruction of a n¢w bear sanctuary in Arnienia.
Page.. 10

I￿rER￿ATIONAL ANIIIIAL RESCUE
(LIMITED BY GUARAwfEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Overall, the items dis¢u5sed abo￿¢ rcsult¢d in a Ioss for the Jear of £777k {b¢for¢ non-cash affecting 'oiher
re¢ognised losses, which arc linked to the Charity's exchange rate hedges).
Reserves
As discussed above, the impaci of the Ukraine war continues to have a profound cffcct on global
macroeconomics. High inflaiion and the associaied cosi of lifv'ing siiuaiion is ¢ausing significant hcadwinds;
the central banks increasing inieresi raies is directl). affeciing our supponers, propensii}' to giv¢ and is having
a detrimental effect on our ethical iniesthients. Due to global inflation. project cosis around the world have
in¢r¢ased.
In addition to the restricted funds held by IAK which are detailed in Note 15. the Charity is holding ring-
fenced reserves for essential future spending on large projccts that cannot bc Tnct from future income alone.
These activiiies include: the expansion of the bear rescue and rehabilitation facility. in Armcnia and a reserve
fund for the managemeni (one )'ear) the c.95k acre land5capc lo protcct thrcat¢n¢d orangutan habitat.
Taking into consideration the financial risk ass(Kiatcd with fundraising chall¢ng¢s in the current economic
climate, the significant monthly commitmcnt to Se￿¢raI ovetseas proje¢is, exchange rate fluctuations and
unccrtainty within the funding streams: the Trustees considcr thai holding slightly higher than usual free
rcscrves is prudent, withoui being excessii'e. At thi5 liwn¢. Ihe Trusiees have agreed an appropriate reserves
rangc for IAR as £4.2m to £4.7m, ￿'hICh is brokcn doknn as follo￿.5:
Reserves ran
Financial im
Worki
Rin
-fenced reserves
Minimum level
act of risk
£O.iTn
£1.5Tn
£?.2m
£4.2m
£0.5m
£4.7m
ca
Maximum level
Due to the withdrawals in 2023, the actual free ￿Se￿eS held by IAR as at 3151 December 2023 is £4m (2022..
£4.5m) which is only slightly belo￿. the desired rdnge. The Truslc¢5 are conscious of the unprecedenled
economic conditions are monitoring the situalion car¢full)' to ensure the long-temi sustainability of the Charity.
Page- I I

INTEILNATIONAL ANIMAL RESCUE
(LIMITED BY GUARAwfEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Statement ofTru5tee5' Responsibililies and Corporate Goverllanee
The members of the Board of Trustecs. as Trustees and Directors. are responsÈblc for preparing the R¢port of
the Trusiees and the financial ststcments. The Trusiees hawc chosen to prepa￿ financial statements for the
company in accordance with Unitcd Kingdom Generalli. Acccpted Accounting Practice (UK GAAP)-
Company law requires the Trustecs to prepare such financial 51atements for each financial )'ear which give a
Irue and fair view of the state of affairs of the Compan). and of ihe Surplus or deficit for thai period and comply
with UK GAAP and thc Companies Aci 2006.
In preparing the financial stalements, the Trustees are rcquircd to=_
select suitable accounting policies and then applN' Ihem ¢on5lStently-
make judgements and estimaies ihai are reasonable and prudent-
slate ￿.hether applicable ac¢ounting standards hai'e been followed, subject io any Tnaterial departures
disclosed and explained in the financial stat¢mcnts' and
prepare the financial staietncnts on the going concern basis unless li is inappropriate to presume that
the Charity will continue in business.
The Trustees are responsible for keeping proper accounting rccords which disclose with reasonabl¢ a¢curacy
at any titne the financial position of the chariry and whi¢h enablc thcm to cnsure thal the financial statements
comply with the Companies Aci 7006. The). are responsiblc for safeguarding the assets of the Charity and
hence for taking reasonable steps for ihe prei'eniion of fraud and othcr I￿¢g￿larI1]eS.
The Trustees are responsible for the maintcnancc and inlcgrity of the corpordte and financial infonnation
included on the Charli) s w'¢bsiie. l.egislaiion in the United Kingdown govcrning th¢ preparation and
dissemination of financial sthieTnents ma). differ from legislalion in other jurisdictions.
Statement as lo Disclosure of Infonnation to Auditors
So far as the Trustees are aw'are. there is no relevant audit inforniation (as defined by Section 418 of ihe
Companies Act 2006) of which the compan), s auditors are unam'are. and each Trustee has taken Ihe steps that
he ought to have taken as a Trustee in order to makc himself a￿are of an). rcleN'ant infornjation and to establish
that the company'5 auditors are a￿.are of that inforniaiion.
Registered office:
On behalf of the Board
Lime House
Regcnc>' Close
Uckfield
Easi Sussex
TN?2 IDS
A Bruce- Trustee
Date-
.4¥J.o_LIs-
Page.. 12

II%DEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF
ILYfEIL)ATIONAL AN'IMAL RESCUE
(LI.MITED BY GuAlL￿NTEE)
Opinion
We have audited the financial staiemenis of Int¢rnational Animal Rescue (the 'company') for the year ended
31 st De¢¢mbcr 2023 which comprise the Stsietnenl of Financial Activiiies. th¢ In¢ome Statcment. Balance
Sheet, Cash Flow Statement and Notes 10 the Financial Statements. including a summary of significant
accounting policies. Thc financial reporting framework that has been applied in their preparation is applicable
law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland. (Unitcd Kingdom Generally Ac¢epied
A¢¢ounting Practicc).
In our opinion th¢ financial stateTnents=
give a true and fair view of ihc state of the companYs affairs &$ at 31 st December 2023 and of its income
for the year ihen ended.
have been properlj prepared in accordance with United Kingdom Generally Accepted Accounting Pra¢tice'
have been prepared in ac¢ordan¢¢ with the requirewnenls of the Companies Act 2(N)6.
B319is for opinion
We conducted our audit in ac¢ordan¢¢ with Intemational Sthndards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are fut￿er described in the Auditors, responsibiliii¢s
for the audii of the financial statements section of our report. We are independeni of the ¢ompany in
accordance with the ethical requirements that are relevant to our audit of the financial staiements in the UK.
including the FRC'S Ethical Standard, and ￿e have fulfilled our oiher ethical responsibilities in accordance
with these requirements. We beli¢ie ihai the audit evidence M'e have obtained is sU￿1Clent and appropriate to
provide a basis for our opinion.
Conelusions relating to going concern
In auditing the financial statements. we have concluded that thc dircctors, use of the going con¢¢m basis of
accounting in the preparation of the financial 5tatCTll¢nts is appropriate.
Based on the work we have perfomed: we have noi identified any material uncertainties relating to events or
conditions thal, individually or ¢olleciivel)', may cast significant doubt on the Compan￿,5 ability to ¢on¢inu¢ as
a going concern for a p¢ri(d of ai leasi N'ell'e months from ￿.hen the financial slatements are authorised for
issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the
relevant scctions of this report.
Other inforni¥tion
'rh¢ Trusiees are responsible for the othcr information. The other inforniation comprise5 Ihc informaiion in th¢
R¢port of the Trustees but does not includc ihc financial stht¢ments and our Report of the Auditors ther¢on.
Our opinion on the financial statemenls do¢s noi cover the other inforniation and we do not express any forni
of assurance conclusion ihcreon.
Page: 13

IINDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF
IiYrEIL%ATIOYAL ANIMAL RESCUE
(LIIMITED BY GUARth'TEE)
In Connection with our audit of the financial stalements our responsibility 15 to read the other infom)ation and,
in doing so, consider whether the oiher infomiation is materially inconsisient with ihc financial statemenis or
our knowledge obtained in the audit or oihcN'i5e appears to be mat¢riall)' tnis5tMtcd. If we identifv such
marerial inconsistencies or appareni maierial mis5tat¢ments. we are required to deiemiine wh¢thcr there is a
mat¢rial missthtewncnt in the financial siatements or a material wnis5tatement of the other infomaiion. If, b&scd
on the work ￿'e havc perfonned, we conclude that there is a tnalcrial misstatement of this other infomia(ion.
we are requÈred to r¢port that facl. We haN'e nothing to report in this r¢gard.
Opinion on other mxt¢ers prescribed bv the Companies Act 2006
In our opinion, based on ihc i%"ork undertaken in the course of the audii:
th¢ infom)ation giv¢n in thc Report of the Trustees for the financial year for which the financial slatCTllCnts
are prepared is consisient wilh ihc financial statcments. and
the Report of the Trusiees has b¢¢n prepared in accordancc with applicable legal requirements.
Matters on which we are required to report by exceptio
In the light of the know'ledge and understanding of the ¢ompan!' and ils environment obtained in the cours¢ of
the audit, M'e have noi identified maierial missthiem¢nts in ihe Report of the Trusiees.
We have nothing to r¢port in respect of the following maners where the Companies Act 2006 requires us io
rcport lo you if. in our opinion:
adcquate accounting rc¢ord5 havc noi been kepL or reiurns adequaie for our audit have not been re¢eiied
from branches noi visiied by us. or
the financial statements are not in agreement with the accounting records and returns. or
ecrtain disclosures of tnksie¢s' remuneraiion specified by lam, are not made; or
wc have no¢ re¢eiv¢d all Ihe infomiation and explanations ￿e require for our audit: or
the trustees M'ere not eniiiled io prepare the financial statements in accordancc with the small ¢oJnpanies
regime and take advantage of the small companics. ¢xctnplion from the requirement to prepare a Strai¢gic
Report or in preparing the Report of the Trustees.
Respollsibilities of trustees
As explained morc fully in the Statement of Trustees, Responsibilities: the trustccs arc responsible for the
preparation of thc financial staiem¢nis and for being satisfied that thci. give a truc and fair view, and for such
internal control as the irusi¢es deterniine necessar). to enable the preparation of financial statements that are
free from material missthiemenL whether due to fraud or error.
In preparing the financial stsiements, the trustees are responsible for assessing the COMpan￿S ability to
continue as a going concern, disclosing. as applicable. matters relatcd io going ¢oncern and using the going
concem basis of accounting unle55 ihe irusiees either intend to liquidatc ihc company or to cease operatlOllS,
or have no reali51ic alternative bui io do so.
Auditors, re5pon5ibilities for the audit of the finaneial statements
Our obj¢¢tiv¢s are io obtain reasonable a5suratLce aboui ii'heiher ihe financial 51aiements as a whole are free
frotn ma¢¢rial misstatement. ￿.hcthcr due io fraud or e￿Or. and io issue a Report of the Auditors that includes
our opinion. Reasonablc a55uran¢e is a high lei'el of as5uranc¢. bui is not a guarantcc that an audit ¢onducted
in accordance w'ith ISAS {UK) will al￿a)'S detect a material misstatement when it exists. Misstai¢ments can
arise from fraud or error and are Considered material if, individually or in the aggregate, the>. could reasonably
be expected to influence thc cconomi¢ decisions of users tsken on the basis of these financial statements.
Pagc- 14

'DEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF
IiYrEIL)ATIOYAL AIIIMAL RE.SCUE
{LI.MITED BY GLARthTEE)
Irrcgularities. including frnud. are instan¢es of non-complianc¢ with laws and regulations. We design
procedures in line M'ith our responsibilities. ouilined ab)ve. to deteci maierial misstalements in respcct of
irregularities, including fraud. The extent to which our procedures are Capable of detecting irregularities,
including fraud is deiailed belo￿.=
We idenlified areas of laws and regulations that could r¢a50nabl)' be expected to have a tnatcrial effeci on ihe
financial statements fmm our gcncral commercial and sector experience and through discussions with the
trustees (as required by audiling standards) and discussed with the truslees the policies and proccdurcs
regarding compliance with laws and rcgulations. We communicaied idenlificd la￿.5 and regulations ihroughoul
our ream and remained alert to an) indi¢aiions of non-compliance throughoui th¢ audit. We evaluated
management's incentives and opportunities for fraudulent manipulation of the financial statctncnts {including
the risk of Ove￿Id¢ of controls) and deiemined ihai thc principal risks were managemeni bias of accountiiig
esiimatcs particularly in relation io the liming of lcgacies. Audit procedures perfom)ed by thc engagcmcnt
team included..
- di5CUSsions with managements including consideration of known or suspected instances of non-compliance
with laws and rcgulations and frdud.
challenging estitnates and judgemenis made by management in thcir significant accounting estimates that
involvcd making assumptions arkd considering fuiure events that are inherently uncertain.
The potential effect ofthese laws and regulations on the financial staiements varies considerably.
Firstly, the company is subject to laws and regulaiions thai directly affect the financial statcmcnts including
financial reporting legislation and we assessed the exient of ¢omplian¢e with these laws and regulations as part
of our procedures on the related financial Maiement iiems.
Secondly, the company is subjcct to many other laws and regulations whcrc thc cons¢qucnces of non-
cotnplianc¢ could hav¢ a matcrial ¢ffcct on aTnounts or di%10surcs ITI thc financial stat¢TncRts, for instance
through the imposition of fines or liltgation. We ideniified o%'erseas laws and regulations relating io the support
of projecls where the laws may be considerabl), differeni to ihe UK along ￿'1th Health and Safety regulations
in the UK and overseas as the areas mosi likelv io ha￿e such an effect, recognising the nature of the company's
a¢iivities. Audiiing siandards limit the required audit procedures to identify. non-compliance w'iih these laws
and regulaiions to ¢nquiry of ihe trusiees and other management and inspection of regulatory and legal
cor￿SpOndence, if any. Through these procedures. we became aware of no actual or suspected non-
compliance.
Owing to the inherent limitations of an audi( there is an unavoidable risk ihat may not have deiecied some
material misstalement5 in the financial slatetncnts. V4'¢n though we have properly planned and perfomied our
audit in accordance ￿'Ith auditing standards. For ¢xample. the further r¢moved non-compliance with laws and
regulations (irregularilies) is from the events and transactions refle¢trd in the financial staiements, the less
likely the inherentl). limited procedurcs requircd bi. auditing stsndards would identify it. In addition, a5 With
an), audit. there remaincd a highcr risk of non-deieciion of irregularities. as these may involi'e Collusion.
forgery, int¢ntional omissions, misrepresentations. or the ON'¢￿Ide of inl¢rnal controls. We are not responsible
for preventing non-compliance and cannot bc expected io ddeci non- compliance with all laws and regulations.
Page: 15

INDEPENDENT AUDITORS. REPORT TO THF. TRUSTEES OF
INTERJATIOYAL ANIMAL RF.SCUE
(LIMITED BY GUA1￿￿TEE)
A further description of our responsibilities for the audil of the financial ststements is located on the Financial
Rcporting Council's websitr ai www.frc.org.uklauditorsresponsibilities. This description forn)s part of our
Report of the Auditors.
Use of our report
This rcporl is made solely to the compans s mcmbers, as a body. in accordance ii'ith Chaptcr 3 of Part 16 of
the Companics Act 2006. Our audii work has been undenaken so that ￿'C might state to the company's m¢mbers
those mattcrs we are required to strte io ihem in a Report of thc Auditors and for no other purpose. To the
fullest extent p¢rmittcd b). law, Th'e do not accept or assume ￿SponSIbl]Ity to an)'one other than the company
and ihe company's mctnbers as a body. for our audit work. for this report. or for thc opinions we have fom]ed.
Victoria Anderson BA{Ilons) FCA DChA {Scnior Statutory Auditor)
for and on khalf of Clark Brownscombc LiMi￿d
Chartcrcd Accountants
and Statutory Auditor5
2 St Andrews Place
Lewes
East Sussex BN7 1 UP
Date..
Pagc- 16

INTEILYATIOYAL ANI.MAL RESCUE
(LI,MITED BY GUARANfEE)
STATEMENT OF FINAI%'CIAL ACTIVITIES
FOR THE YEAR ENDED 31 ST DECEMBER 2023
Unrestricted
Funds
2023
Restrieted
Funds
2023
Tot*1
2023
ote5
2022
INCOME
Donations and legacies
Donations and grants
Legacies
Investments
Interest
- Cash deposits
UK Fixed Interest Securities
Ofverseas Fixed Interes1 Securities
Dividends
UK cquilies
Ovcrscas equities
Othcr trading activities
IJOO,770
1,459J12
283,076
1,583,846
1,459J12
1.711.677
1.714,396
8221
19WO
2,124
8221
19.830
2,124
5,558
15,760
1.606
48,979
14J60
48,979
14J60
54,876
16,380
Total income
59
3 283 076
3 142 609
3 531300
EXPENDITURE
Charitable activities
Raising funds
Fundraising costs
Investmeni managers fees
2*92.008
$44,825
3,436,833
3,341,839
568594
568,594
458.567
Tot#1 expenditure
3 475 791
4 020 616
3819312
(616258)
(261.749)
(878,007)
(288,012)
Gainsl(losses) on investment assets
101 192
101 192
1030 806
Net (expenditure)
(515,066)
(261,749}
(776015) (1,318,818)
Other recognised gaiDsI(losses)
{Loss)Iprofit on foreign exchange
Gains/(losses) on forward exchange
contracls
(1265)
(1265)
1,636
Nei movement in funds
(496.703)
{261,749)
(758,452) (1,403.794)
Reconciliation of funds
Fund balan¢¢s ai I st January 2023
83 284 968
6 430 045
Fund balall¢es at 315t December 2023
The detailed 2022 compardtive sthiement of financial activities is reported in note 2.
The notes fonn part of thes¢ financial slatemenls
Pagc.. 17

I.NTERNATIONAL ANI IMAL RESCUE
(LIIIITED BY GUAR￿￿TEE}
IYCOME ACCOLNT
FOR THE YEAR ENDED 31ST DECEMBER 2023
No¢e5
2023
2022
TURNOVER
3,049,095
3,437,120
Campaign costs, fundraising, administrntion
and general expenses
4 020616
3 819312
OPERATING (DEFICIT)
(971521)
(382,192)
Gains/(losses) on sale of investments
42,486
(191.713)
(Lossesygains on fo￿1gn exchang¢
(1365)
1,636
Interest receivable and income from investments
{DEFICIT} FOR THE FINANCIAL YEAR
All amounts relate to continuing activities.
STATEMEL¥T OF COMPREHEYSIVE INCOME
2023
2022
(Deficit) for the year
(836,786)
(478,089)
Unrealised gainO(losses) on revaluation of investments
$8,706
(839,093)
Gain￿(loS5es) on forward exchange contrncts
Total rccognis¢d (losses) for ihe )'car
The notes fonn part of these financial slatements
Page: l 8

IL¥TEIL)A TIOLYAL ANI.MAL RESCUE
{LlIMITED BY GbARth'TEE)
BALANCE SHEET
AS AT 31ST DECEMBER 2023
COMPANY NUMBER: 06035040
Notes
2023
2022
FIXED ASSETS
Intangible assets
Tangiblc assets
Invesimenl5
65.217
141,877
3 109 067
59.587
149,539
4 066 990
3J16,161
4.276,116
CURRELYf ASSETS
Stock
Debtors
Cash at bank and in hand
12.582
591,8.57
496 016
14,160
2?4,291
680 ?75
io
1,100,455
918,726
CURRENT LIABILITIES
Creditors.. Amounts falling due ￿'1th1n one )'ear
148
168 591
NET CURRENT ASSETS
750 135
TOTAL ASSETS
LESS CURRENT LIABILITIES
THF. FUNDS OF THE CHARITY
Re5tricled funds
15
23
284 968
Unrestrictrd funds
Revaluation reserye
4,037,018
207
4,467,923
273 360
Total unrestricted funds
16
4741283
TOTAL CHARITY FtiYDS
Appn)ved by the trustees on .
A Bruce - Trust¢¢
The not¢s fomi part of these financial statements
Page= 19

INTEILJATIOINAL LII.MAL RESCUE
(LIMITED BY GL'ARAliTEE)
CASH FLOW STATEMENr
FOR THE YEAR ENDED 31ST DECEMBER 2023
Note
2023
2022
Net easb from operating activities
20
(lJ16257)
(498,775)
Cash flow from investing a¢¢ivities
Purchase of intangible assets
Purchase oftangible ass¢is
Purchase of fixed assei inveslments
Proceeds from disposal
of fixed asset infvestsnents
Interest received
and income from investsnents
{16500)
{2866)
(101,679)
(59,587)
{2.391)
(907,642)
,160,794
1.064,040
93
Net cash gained in investing a¢tiviti
188 600
Net (decrease) in ¢a$h and ¢8$h
equivalent5
(182,994)
(310.175)
Cash and cash equivalents
ai the beginning of )'ear
680275
988,814
xchange (lossesygains
65
Cash alld casb equivalents
at end of year
Cash and cash equifv'alents ¢onsisls or:
Cash at bank and in hand
Cash held by siockbrokers
297,874
198 142
144,514
535 761
The noles forn part of these financial statements
Page= 20

IiYrEIL)ATIOYAL ￿NIMAL RESCUE
ILI.MITED BY GUAILLSTEE)
I%OTES TO THE TrI%AJ'CIAL STATEME,NTS
FOR THE YEAR ENDED J 1ST DECEMBER 2023
Accounting policies
a) Basis of aceouttting
The financial statemenis hai'c bccn prepared in accordance with Accounting and Reporting by
Charities.. Staiemeni of Re¢omm¢nd¢d Praclicc applicable to charities preparing their a¢¢ounis in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102. cffcclive l January. ?019). hereafter referred io as the Chari(i¢s SORP (FRS 102), thc Financial
Rcporting Standard applicable in the UK and Republic of Ireland (FRS I O?} and the Companies Aci
2006.
Iniemaiional Animal Rescue meets the definition of a public benefil entity under FRS 102.
Assels and liabilities are initially recogni5ed at historical cost or Irdnsaction value unless otherwise
slated in thc rclevant accounting FK>lic)' note.
In thc application of thc charil)"5 accouniing policies, the Trusiecs are required io make judgemenis,
estimates and assutnplions aboui ihe ¢anying amount of assets and liabilities that are not readily
apparcnt from othcr sourccs. The esiimaies and ass(KiaEed assumpiions are based on historical
experience and other factors ihat are considered io iK relevant. Actual results may differ from these
estimates.
The estiTnalcs and undcrl)'ing assumpiions are reviewed on an ongoing basis. Revisions to accounting
estimatcs arc rccogniscd in the period in w.hich the estimate is re￿Ised, if the revision affccts only that
period. or in th¢ period ofihe i¢i'ision and fuiure peri(NJs if the reN'ision affccts both ¢urt¢ni and future
periods. However, there are no judgements or a5su¥nptions thai have a significant risk of causing
material adjustment.
b) Income
(i) Donations and Gift Aid
Donations are recognis¢d iN"h¢n the). are recei￿ed and recorded in ihe Chariiy's accounting
records. Income tax r¢co￿erable in relaiion to donations rccciwcd under Gift Aid is recogniscd
al the titnc of th¢ donaiion.
(li) Lcgacies
Lcgac), income is recognised in thc SOFA ivhen the charity has enlitlement to the income, the
receipi is ¢onsidered probabl¢ and amounts receivable can be measured ￿'1th sufficicnt
reliability. Income from pecuniary inieresis is re¢o8nised when probate has been granted and
'c have been adN'ised of the amount Stipulaied in the will. Incomc from residuary. interests 15
recogni%d M,hen probate has granied and w'e have receivcd lh¢ approved accounts of the
e5ts1e or M,here notification of impending distribution has been received. The charity is th¢
rcsiduaj), beneficiar%' of 50m¢ properties without curr¢ni vacant possession and for these
premises a sale Yaluc ¢annoi be accuratcl). d¢l¢miined and as such th¢5¢ legacies are nol
recordcd on the SOFA.
(iii) Trading Activilies
Incomc from tsading activitics is in¢luded in the period in which the Charity is entitled to receipt.
Page= 21

I.W4TEILN'ATIONAL AJ'IIIAL RESCUE
(LI.MITED BY GUAR￿￿TEE)
NOTF.S TO THF. FINAI%CIAL STATEI3lENTS
FOR THE YEAR E,NDED 31ST DECEMBER 2023
(iv) InvesiTneni income
Income from invcslments is recognised when receivable.
c) Expenditure
Expenditure is included in the Statcment of Financial Activities on an accruals basis in¢lusive of any
VAT whi¢h ¢annoi be recovered.
Certain expenditure is direcily attributhble to Specific activities and has been included in those cost
categories. Certain other costs. whi¢h are allribuiable io mor¢ than one activity. are apportioned across
cost categories on the basis of an estimate of the proportion of tim¢ spcni by staff on those activities.
A proportion of the costs of producing fundraising liieraiure is ¢onsidered to b¢ cducational and
thcrcfore included within charitable activities.
The main categories of expenditure are:.
Charitsble activities are the costs of the Campaigns and related support costs.
b)
Raising funds are fundrdising costs and tnvesmient management fees. Fundraising Costs
relate to the external agencies and internal fundraising resource. Agency cosis include
the design, production and printing of promotional maierial. as well as the direct mailing
cosis. Twetkt}' five per ccnt of the cost is allocated io education on the basis that the
literature produccd increa5cs public awareness of issues that the Charity works with
around thc world.
Support COSIS are allo¢ated over thc above catcgories on the basis of staff time spent on
¢a¢h a¢tivily.
d) Pension scheme *rrallgements
The Charity makes contributions to a small self-administered pension scheme ￿h1¢h operates on
dcfincd contribution basis to providc cmplo)'ccs rctir¢mc¥Jt and death bcncfits. Rcgular contributions
are re¢ognised on an accruals basis and special ¢ontyibuiions are wognised in the period in whi¢h
Ihey ¢xcur.
e) Going concer
The trustccs ha￿"C considcrcd thc financial position of the chariiy for tw'¢l%'¢ months from the date that
the balance sheet is Sign￿ and conclude thai ihere a￿ no material uncertainties concerning ihe
¢haril) s abilily to ¢ontinu¢ as a going concern. In coming to this conclusion the trustees have
considered the expected funding requiremenis to maintain the Charity's objective5 for the period and
Ihe amount of free reserves and future eipected incoming resourccs aN'ailabl¢ io achievc this. They
have also ¢onsid¢red the global uncertainti. around income pressures duc to the cosi of liiiing rises and
rising cost pressures in ihe developing world. Analysis of the free re5crves are set out in the trustees
report.
Page= 22

INTERNATIONAL ANIMAL RESCUE
ILIMITLD BY GUARANTEE)
'OTES TO THE FIINANCIAL STATEMF.NTS
FOR THE YEAR F.NDED 31ST DECEMBER 2023
0 Fund accounting
The charit). maintains various funds in accordance with the Statement of Recommended Prac(ice
'Accounting and R¢porting by Charities 2019.. These funds, which require separate disclosures, are
as follows:_
Unrestricted Funds. Thcse are general funds of the charity and are expendable at the discretion of the
Trustc¢s in the furthcrance of the chariiable objeciives. The main sources of g¢neral funds are
donations arising frotn appeals. grants from trusts and inveslmeni income. Th¢ main applications of
general fund5 arc campaign costs. fundraising Cosis and related overhead cosrs.
Restricted funds. These arc funds which are subjeci to specific objects declared by the donor or ivhich
are raised by appeal for a sp¢eific purpose. These funds are expendable by the l-rustccs in furtherance
of the specific object for which th¢y ￿'Cre given unless the donor later agrees that they can be applied
for a gencral purpose. Due io the nature of these funds they are accounted for separat¢ly from the
general funds of the charity.
g) Fixed assets
Fixed assets are depreciated oN'cr their expected useful lives at ihe following annual rdt¢5.'
Freehold property
Motor vehicles
Plant and machinery
Office equipment
20/0 On cost
250/D Reducing balance
20010 Reducing balance
200/0 Reducing balance
h) Stoek
Stock is included at the lower of cost and nct r¢alisabl¢ value. Cost is detem)ined on a first-in, firs1-
out basis. Net realisable value is based on estim&t¢d selling price, Icss any further costs of
realisation.
i) Financi#l inslruments
Financial assets and financial liabilities are recognised when the Charity becomes a party to the
contractual provisions of the inslrument.
(i) Financial assets and liabilities
All financial assets and liabilities are initially measured at transaction price (including
transaction ¢osts), exccpt for those financial assets ¢lassified as at fair value through profil or
1055, which are initially measured at fair valu¢ (which is nomially the transaction price
cx¢luding transaction costs), unless thc arrangement constituies a financing transaciion. If an
arrangement constitutes a financing transaction. the financial asset or financial liability 15
measurcd at the present valuc of the futurc paymenis discounted at a market rate of interest for
a similar debt instrumenl.
Financial assets and liabilities are only offset in the statemenl of financial position when, and
only when there exists a legally enforccabl¢ right to set off the recogiiiscd amounts and the
Charity intends either to settle on a net basis, or to realise the asset and settle the liability
simultancously.
Pagc: 23

INTF.ILNATIONAL A￿lmAL RESCUE
(LI.IIITED BY GUARANTEE)
,NOTES TO THE FIN'ANCIAL STATEMF.NTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
i) Financial instruments (cootinued)
Financial assets are d¢recognis¢d whcn and only when {a} th¢ ¢oniractual rights to the cash flows
from the financial assei exprre or are 5Ctilcd. {b) the Charity transfers io anoihcr paw, substantially
All of thc risks and rew'ards of ow'nership of thc financial asset, or (c) the Chariiy. desP5tc having
retained some, bui noi all, significant risks and rcw'ards of ownership, has transferred control of
the asset to another party.
Financial liabilities are derecognised only when the obligaiion specified in thc contract is
dischargcd, cancelled or expires.
(ii) Investsnenis
Invcslrncnts are measured at fair i'alue as at ihe balance sheet date using the quoted market price.
The statement of financial acliN'ities includes ihe nct gains and losscs arising on rcvaluation and
disposals throughout ihe vear. Unrealised gains and losses on revaluation are accountcd for in the
relevant fund.
(iii) Cash and cash equivalenls
Cash and cash equiN'alents comprise cash ai bank and in hand, demand deposits with banks and
other short tertn highl). liquid iniesiments with original maturities of ihree months or Icss.
Pagc= 24

l￿'TElL￿ATIoYAL ANIMAL RESCUE
{LIMITED BY GUARknNTEE)
L'OTES TO THE FINAN'CIAL sTATEmE￿Ts
FOR THE YEAR EliDED 31ST DECEMBER 2023
2. Detailed comparatives for the slalemenl of financial activities
'nrestricted
Funds
2022
R¢stri¢ted
Funds
2022
Total
2022
INCOfiME
Donations and legacies
t)onations and grants
Legacie5
Investments
Interesl
Cash deposits
UK Fixed Inlerest Securilie5
Overseas Fixed Intcrest Sccurilies
Dividends
UK equities
Overseas equitie5
Other trading activilies
1,466,906
1,714J96
244,771
1,711,677
1,714J96
5J58
15,760
1,606
5.558
15,760
1.606
54,876
16J80
54.876
16J80
Total ill¢ome
86
244 771
3531 00
EXPF.NDITURE
Charitable a¢tivill¢S
Raising funds
Fundraising costs
Investment manager5 fees
2.918,067
423,772
3J41,839
458.567
Total expenditure
95
423 772
3819 12
(109,011)
(]79￿0[)
(288,012)
(Losse5) on investment assets
1030 806
1030 806
Net (expenditure)
(1,139,817)
(179,001) (IJ18,818)
Other recognised glins
Gains on foreign exchange
(Losses) on forward exchange contrdcts
1,636
1,636
Net movement in funds
{1224,793)
(179,001)
(1.403,794)
Recoo¢iliatioD of funds
Fund balances at I st January 2022
5 966 076
6 430 045
Fund balanees at 3151 De¢ember 2022
Page.. 25

INTEILNATIONAL AJ IMAL RESCUE
(LIMITED BY GUAR￿￿TEE)
I%OTES TO THE FINLNCIAL STATENfEYI TS
FOR THE YEAR ENDED 31ST DECEMBER 2023
3. Expenditure
Unreslricted
Funds
Resirided
Funds
Total
2023
2022
Charitable Activities
Campaign costs
Educaiional costs
Travel and accommodation
Support costs
2J88JOO
182J38
19,466
301904
$44025
2,933,125
182J38
19,466
301904
2,851,626
146,772
20.712
322 729
3 436 833
3 341839
Raising fund5
Fundraising c05ts:.
Appeal and other costs
Support costs
354.037
214
354,037
214 557
244.402
214 165
458 567
Inve$¢meut m#nagers fee5
TotAI
Analysis of Support Costs
Charitable
A¢tivities
Fundraising
Costs
Total
2023
2022
s￿ff Costs
Premises costs
o￿lce admirkistration costs
Insuran¢e
Database, development
and compuler costs
Motor expenses
Depreciation
Amortisation
Bank charges
Audit and accountanc> fees
Sundry expenses
206299
10,446
9,834
10,806
182,687
3,482
3278
3,602
388,986
13,928
13,112
14,408
423,490
14,469
16,301
12,100
20,668
2216
7.896
8,152
10.159
7J80
6,889
739
2.632
2.718
3J87
2,460
27557
2.955
10528
10,870
13546
9040
22.509
3.958
11,356
15,081
9,600
Page: 26

I.WTF.ILNATIOIYAL AI%IMAL RESCUE
(LIMITED BY GUARANTEE)
.NOTES TO THE FINANCIAL STA TEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
OperAting (defi¢i¢)
The operatin8 (deficit) is 51ated after charging="
2023
2022
Administrdtion expenses includin8:_
tkpreciation and amortisaiion
Auditors remun¢ration
audit fecs
for accourEtan¢y work
21J98
11.356
5,600
5,400
-4200
S. Starr Costs
2023
2022
Wages and salari¢s
Social security costs
Pension costs
732J65
69.040
741,020
68.000
?85
884.305.
The number of stsff to whom rcliremcnt benefils ar¢ ￿¢rUIn8 under a defined contribution pension
scheme is twenty (2022.. twenty).
The avcrage number of employecs during the year was Iwenty two (2022.. twenty one).
The number of employees receiving remuneraiion in excess of £60.000 p.a. is as follows.'-
2023
2022
£70.001 £80.000
£90,001 £ 100,000
The key manag¢mcni personnel of ihe compani, comprise ihe iwsiccs, the Prcsidenl and ihe Chi¢f
Exe¢utivc. The total ¢mployce bcncfits of the k¢J' management p¢rsonnel w¢r¢ £201.5?0 (202?: £106.047).
6. TgxatiOD
The Charily is considered to pass the tests set out in Paragraph I Schcdulc 6 Finance Act 201 O and Ih¢rcfor¢
il mceis the definition of a charitsble Company for UK corporation tax purposcs. Accordingly, the charity
is polcniially cxcmpt from taxation in respect of income or capital gains rcccivcd within categories covercd
by Chapl¢r 3 Part I I Corporation T&x Act 201 O or Seclion 256 of thc 'faxation of Chargeable Gains Act
1992, to ihe exteni thal such income OT gains are applied exclusively lo charitsblc purposes.
Pag¢: 27

INTF.ILT%ATIONAL th'I.MAL RESCUE
(LIIMITED BY GUARAliTEE)
NOTES TO THE FIliANCIAL STATEMEliTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
llltangible Fixed Assets
CRM System
Cost
As at I st January 2023
Additions
59,587
As ai 3 1st Decembcr 2023
Amorti$atioll
As ai I si January 2023
Charge for Ihe >'¢ar
io
As at 3 1st December 2023
Net book value
As at 31 st Dec¢Tnbcr 2023
As at 31 tkceTnber 2022
8. T#Dgible Fixed Assets
Fre¢bold
Property
Plant &
Motor
Machinery Vehicles
Total
Cost
At 1st January 2023
Additions
Disposals
At 31 st De¢emkr 2023
216,430
91J12
2866
32,000
339,742
2*66
216430
342 608
Depreciation
At I si January 2023
Charge for the year
On disposals
Ai 31 sl December 2023
95,033
4J29
68.746
4005
26,424
lJ94
190203
10.528
99
73
Net Book Value
At 31 st December 2023
Ai 31 st December 2022
Pase: 28

INTERliATIONAL ANIMAL RF.SCUE
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
9. Investments
2023
2022
Markei value at I st January 2023
Acquisitions
Less.. Disposals
4,066,990
101,679
08
5.254,194
907,642
1255 753)
3,OSOJ61
4.906.083
839 093
Net unrealised gainl{loss) on r¢valualion
Market value of listed investm¢nts at 31 st December 2023
Hislori¢al cost at 31 st Dec¢mber 2023
All investments are listed on a recognised stock exchange.
An analysis of investments is as follows=
2023
2022
Overseas
Investments
UK
Investments
Overseas
Investments
UK
Total Invesimenis
Total
Debt Instrumcnts
Equities
607260
1471570
305,616
912,876
724 621 2 196 191
621,261
146.565
767,826
1782227 1516937 3 299 164
10. Debtors
2023
2022
Other debtors
Prepayments
254,466
337
199,175
I l. Creditors: amounts falling due within one year
2023
2022
Trade creditors
Other taxes and social security costs
Derivative liability
Other creditors
Accruals
33J29
20,467
45258
19,548
30
28.352
24.611
64,886
21,730
Page.. 29

l￿TEll￿ATIO11,AL A.NIMAL RF.SCUE
(LIIMITED BY GUARANfEE)
NOTES TO THE FINANCIAL STATE.MENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
12. Internatiollal Animal Rescue Trading Limited
The Charity holds l 0￿/0 of the issued share capital of International Animal Rescue Trading Limited
(2 ordinary £1 shares). The company domiant throughout the year.
2023
2022
The assets and liabililies of the subsidiary were:
Assets
Liabilities
3,773
3,773
Aggrcgate share capital and reserves
Consolidated financial statements have not iKen prcpared for the Group on the grounds that the
subsidiary is not material and th¢ Costs of preparing Group financial statements outweigh the benefits
arising from them.
13. Share Capital
The company is limited b). guardntee having no share capital and members having a liability not
exceeding £1 O each.
14. Financial IDslruments
2023
2022
Financial assets measured at fair value
through income a¢couni
IS. Restricted Funds
At 1st
January
At315t
December
2023
Ineome
Expenditure
2023
Orangutan Conservation
Costa Rica Build
Arnienia Bears
Tree Planting in Indonesia
Ukraine Animal Rescues
Mangroves
Indian Bears
Lisa Milella Veterinary Dental Fund
15.889
260,444
168.$06
2.498
84.000
11,877
525
11.000
3.000
(168,506)
(262,942)
(84,000)
(11,877)
(525)
(11,000)
(3,000)
15,889
Page= 30

INTERNATIONAL ANIMAL RF.SCUE
{LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR LNDED 31ST DECEMBER 2023
15. Restricted Funds
Prior Year
At 1st
January
2022
At31st
D¢c¢mber
2022
Income
Expenditure
Orangutan Conservation
Costa Rica Build
Amenia Bears
Orangutan Release Programme
Tree Planting in Indonesia
Ukraine Animal Rcscues
Lisa Milella Vctcrinarv Dental Fund
119,778
(119,778)
{187,636)
(94,738)
448,080
260,444
94,738
15,889
15,889
16,840
4.780
(16,840)
(4,780)
28436E
IAR received £169k of restricted funding during 2023 for Orangutan conservation work in Indon¢sia,
£84k fur the Arincnia tireat Bcar Rescue project, £12k for tree planting in Indonesia, £1 Ik for
Mangroves and £3k for Indian Bcars. All of these funds M'ere fully utilised during the financial year.
All of the £260k rcstrictcd funding brought fon4'ard for building a new wildlife centre in Costa Rica
was spent during 2023. £2k was received for the Lisa Milella Veterinary Denial Fund.
£16k of restricted funds was brought forward for the purpose of designing a new transmitter system
for post-rel¢ase monitoring of orangutans. Due to ongoing issUC5 Wlth tcsting of th¢ prototyP¢5. it Ivas
agrced with th¢ donor that this funding ¢ould be transferred to general Orangutan Conservation. -fhis
funding was spent after the year end, in January 2024.
16. Unrestricted Fuods
At 1st
January
2023
Unreali5ed
At315t
and re#lised De¢ember
losses
2023
Income
Expenditure
General Fund
Prior Year
Ai 1st
January
2022
Unrealised
and realised
gains
At31st
Deceinbcr
Income
Expenditure
2022
General Fund
Page: 31

IINTEILNATIO.NAL A) IMAL RESCUE
(LIMITED BY GLAR￿yTEE)
fiOTF.S TO THE FINAliCIAL STATEMENTS
FOR THF. YEAR ENDED 31ST DECEMBER 2023
17. Analysis of Nel Assets between Funds
Unrestricted Restricted
Total
Inthngible fixed assets
Tangible fixed assets
Investttt¢nts
Stock
tkbtors
Cash ai bank
Other net ¢urreni liabilities
65,217
141077
3.109,067
12582
591057
472,797
148817
65,217
141.877
3,109.067
591,857
496.016
148 817
23219
Prior Year
Unrestricted
Rcstricted
Total
Intangible fixed assets
Tangible fixed assets
Inv¢sthients
Sio¢k
Debtors
Cash al bank
Other net current liabilities
59,587
149,539
4.066,990
14,160
224,291
395.307
168 591)
59.587
149.539
4,066,990
14.160
224,291
680.275
168 591)
284.968
18. Related Party Transactions
Grants and expenses totslling £?34.9?2 (?022.. £?03.676) were paid to Catastrophes Cat Rescuc. The
partner of Alan Knight. Prcsidcnt of IAIL is ihe founder and trustce of Caimsirophes Cai Rescue.
Accounting services are proi'ided free of charge to Calastrophes Cat Rc5CUC.
Accounting Services fec5 of £4.600 (2022.- £4.600) were chargcd io Briiish Divers Marine Life R¢5cue,
and office 5pacc is provided free of charge. Alan Knighi. Presideni of IAIL is a trustec of British Divers
Marine Life Rescue.
All transactions wcre approN'ed b) the Board of Trustees.
19. Trustees reinuDeratioD #lld expenses
No remunerdtion or expenKs were paid bj the charity 10 any Trustee during this year or the previou5
year.
Page- 32

INTEILNATIO,NAL Ali IMAL RESCDE
(LIIMITED BY GUAIL4NTEE)
I%OTES TO THE FII%L)CIAL STATEMENTS
FOR THE YEAR ELIDED 31ST DECEMBER 2023
20. Notes to Ibe Cgsb Flow StstemeDt
Reconciliation of net (defici¢) lo net £￿h {outflow) from
operating activities
2023
2022
Operating (deficit)
(971521)
(382,192)
Depreciation
Atnortisation
Decreasel(incre&se) in stocks
Mov¢ment on derii'ative asset
Ilncrcase) in debtors
(Dccrcaseyincrease in creditors
10528
10,870
1.578
19,628
{367,566)
11.J56
(527)
(86,612)
{120.422)
Net (oufflow) from operating activities
-L498.77
21.
Analysis of Changes in ￿'¢t Debt
At Isl
Jgnuary
Cash
flow.
At31st
December
2023
2023
Nei C4$h
Cash ai bank and in hand
22. Contingellt Assets
In addition to legacy income rccognised in the SOFA. at the time of preparation of these a¢counts, the
charity had bc¢n notified of 54 legacies with a total cstimatcd value of £1.2m which do not satisfy thc
criteria required by our a¢¢ouniing tKTrlic)' to rccognis¢ ihe income during the }'ear {2022.. 17 l¢ga¢i¢s
with a total cstimated value of £ I m). They are thcr¢fo￿ disclosed here as a contingcnt assct. I'he total
amount is subj¢¢i io signifi¢ant uncertainty.. as such it should not be iaken as a prcdiction of our future
legacy incotnc.
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