REGisfERED COMPANYNUMBER: 054011113 (Elland *nd Wales) REGISTERED CHARITY NUMBEL. 1125033 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR THE FALCONRY HERAGE TRUST Clay ShTh L4miknl SA313AL
THE FALCONRY HERITAGE TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR EIWED 31 DECEMBER 2023 Report ofthe Report of the Independemt Audltsrl Statement of Fl*n<W Actfvit B8lnee Sh•et io NO ¢0 the stlt4nts 11 ts 18 Detllled Stitsment of FInuC Acdvld 19
THE FALCONRY HERITAGE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 the fJn8rA statsD of th¢ ¢b8rity for yeare4Mled 31 DeeembN 2023. Tr tsu5te45 bave adopted the provi9i¢)t)s of Accounling aDd RyffiA8 by ClllrAti¢s: stateDnt of Rt¢oM0M Pra1¢¢ applicable ts) ehJrilie5 prepwin8 the aeeount8 in aCrdn¢t with the Finla1 R¢poning Standatd 4ylicable ID the UK a1 Rewbkn of Itel4Dd (FRS 102) {effe<ttNt l January 2019). Obleetlvts Al To preserve for the benefit of the public P1¢41 #rtefacts and obic¢ts thai rejats to the hi#ory and IKritage of the 4 f fa]cotry. Tncluth8 its ¢ththbutions to the leIfiC wlpdi8cipIiDe8 of T¥Ptor bio108y, C•Ptive breeding ax COA4crvthD in a world.vnde c(thxL aspects of the 8POrt's rith herits8e by lthg exi8tsng pbysic uehivu. IhNl]D8 intrrnatioDal privatr and public falcrnxr afyl Kholar althe. this pioUS cuJtyTrl IKrita8e for future geDerntion6. SlymeAnt aclfvlll Th• main activities of the CIMity ar¢ ¢0 '. free to au bi8tOTi¢•I i.e. texty of p it•w i.e hoo4 bell& 8Jov¢• via the Tn website. .siip&h)rt re8ional at¢hive8 of hl¢oDry artefa¢ts by Fyovision of 8raDts and exFrt advi¢¢. bll¢ bmtfit on ]thli¢ b¢n¢fiL Grntth•klni objeLtiv&q. Invertment perfonn expattd its wtfolio or fe¢1 or ftel it nec¢&w to diw¢ of u8& PTlndpal wur¢ th¢ financial )wr 2009 the Cknity wxived a from MobaD)rn Bin 74yed Al Nahyaty of £i,000,ow. P88e I
THE FALCONRY HEIUTAGE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Invulment polley and obj Ulldtr the FA¢Morand and Article8 of A]loD ts clMTity baB lo inv¢s¢ in any way deern on a rollin8 5 T basi&. of the fundq in real ter1. itive&tTllent plicy. At 31 D¢b 2023 the ¢bwity h¢ld fre¢ fid$ of£i.530J21 (2022.. £I.457.lI>. Suffvi¢nt ffe8erv •r¢ to b¢ kept on At 31 December 2023 £24,790 was held in curreot bank xcouo sTRUuRE GOVERY4ANCE AND MANAGEMENT GoverDlng docuJneDt The charity is e4)ntrolled by its govrniiDg • deed of ath4 limited Con]Py1 limited by 8uArantffj L8 d¢finryJ by the Companias Act 2006. ia] resohrti¢)n datyj 4th July 2W8. On 17th Yy 2[. wo8 r¢gist•ed with th¢ Cl)arity Commi88iOll. (No.. 1125033). Re¢ruI¢Dl •nd •pp•lDtwent Dew trw¢ OrgaDIMtlonxi All d¢cisiotL4 regthing the Fthowy Haith8e TrwV5 XtiviliN aryl fina¢ are r¢far•J to the boArd of truBtw whicb trustees are kwt to date the Iwl obli9 arml 8c[1 of the cbarity at t1¢< m#tsDgs aThl at Key n]8wcmeDt consist of the arcbivi8L tlus the only eznployee. 'I'hL5 SY4kny bA%d on the going for In Page 2
THE FALCONRY HERITAGE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Relted pthl Dr N C Fox. a tntr< of the ¢lwity. is a dire¢tor shard¥)lts of Wildlife ConwltanLS (UK) IAmitr Durin8 th¢ >rar the provided Tn1 with a all an event it was runti1 to enable the Trust to publici the work il is doiD8.The fc¢ paid was £3(K) {2022 - £250). These servir¢8 WEr¢ not perwDally provided by Dr N C Fox. .An revi¢w of the ri8k8 cTrArity nuy face Retsered coMpY nmmlxr 05401103 (FglAnd Wthi) 1125033 R•ter¢d offl¢e Penllynill Fanll SA33 5EH Trn•t DrNCFox Mrm L Upton MrP K B¢e¢mft Mr H W ten Boh Mr K UIco8 M8 P M Cimberio Mr H Chen Mr D Horobiti Mr S Mcneff COmpY Setr¢t•ry MrMA Thoma Page 3
ThE FALCONRY HEIUTAGE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Audits Clay ShawButler Linited SA313AL Jnveknent A41vlff¢ Juxon Hou Si Paul's chUrchd EC4M 8BU STATEMENT OF TRUSTEL81 RESPONSIBILrrtKs The tnte¢S (who ore also the direckx8 of The Fakowy Heritage "I'nt for the purpo ot conw law) arc re4X)l1¢ for prepari the Rwrt of tbe Tnte¢S the gtrtanents iti with Applieable law and of th¢ 181¢ of affairs of the ¢Ilb )mpY and of tr¢ iwoming re80uwu and a11¢&tiOn of re8OUrtw, in¢luditig the loc0 8t expttmlitytyv. of the ¢haritable ¢OllVaDy foT that p10a. tn pr¢ptrI tho fllwi¢iAI sthtements. the . ob8erK the aml prilpleS iti the Cbarity SORP. the financial wjsition of thc cbaritsble c(Knpany and enable them to ensure that the fjnancial statements comply with the Compatiie8 Act 2006. TIKY are 8180 respo1)1C for Safegu the ossets of the clwitsbk company and hence for . the truses bave takeD all sty that (mght to have tsken to make thenLqelves avmre of any r¢levallt oudit AuDORs Page 4
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE FALCONRY HERITAGE TRUST OpAnlon We have audited the fiaA8] StstaD of The Fak(w Heritw Tntst (the 'thritsb]e compall for the )E8T ended 31 December 2023 which compri Statcnxnt of Financi Activitsffj the BalatKe She¢¢ aThJ note8 to the finallcial Accepted Accounting Practiee). In our opinion the financial statemthts: . give a tsu¢ #lld fair view of the sthte of the ¢lmitsble conyty8 As at 31 Decanbtr 2023 and of its inLwing . have be£tt prered IA with the reqUIrts of the Cotiwie8 Act 2006. for Dpknlon We conducted our oudit in accor with Jllferna StatslardB on A1118 (UK) ItSA8 (UK)) Applicable law. Our re8ponsiTriliti¢s stJndard8 arn fitrthtt dtcnThcd in the Awjitorf Tr$I11tics for th¢ audit of the requirem that relevwtt to OUT auth't of the ststements ID the UK ]ldIti8 the FRe8 Ethi¢nl Star4 4nd WE bave fulfilled ow other ethi¢al res7n511lIl4 iti a¢Wrd with rtyuirunents. We beli¢v¢ that the •udil g7ndee have obtsined is wfficie 8ppr(ryrnt¢ ts provide a iwii for ow cyinioL cone1monI rel•dDK ¢0 ¢fylle¢rn thai indiv1thIly or lleCtive]y1 may ca51 si1¢•t drA on thE ¢IlIab cowY8 ability lo Cont1Th IA a 8Oiti8 se£tiOll8 of this rep(ffl. Other InforntIon . consider whether the other Informati is mattrially i0$L with the fllllncial 8tstetneDts or our knowled8e Page 5
REPORT OF THE INDEPENDENf AUDoRs TO THE MEMBERS OF THE FALCONRY HERITAGE TRUST if. in our opinion.. braNhe8 no¢ visited by us. or A8 explainrA more fully in the Siat¢m¢nt of TnJst¢¢8' R4wL8ibilitio the tsvstees (who ay¢ 8180 th¢ dirwwrs of th¢ ¢h8ritsble ¢onwffjy for the puoos¢s of law) Are respolb for the ptrparation of the financial 8tat¢nxnts and ¢ontinu¢ going CODCry di1031 as applicable, DterS related 8OiD8 C(ffrn and USiD8 the goiDB COllCCrn DO re4Jistic olternative but to &J w. P&g¢ 6
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE FALCONRY HEIUTAGE TRUST Our rev)nb1tI for th¢ •udlt of the Illl¢1 with ISAS (UK) WAII alway5 de a material JDiSStJtsment it exitt Misthtements w arise from fraud or error Extent to Jvhlch the awdh Th Nderell upable of detedlDg Irregthrfd4 RtieludlDg fraud Identlfykn8 ind potelld r1 related to Irreyl*rft5¢4 ts of our enquirles of abw¢ idontifiLxtion and of the Ji8k8 of irre8uIBziti¢• Pr relating to.. ithDtifwn8> evaJllititi8 with ar¥J r¢8ulaticw and thilwthey were avrAr¢ of alleged frau(. fraud and ideDtifi¢d the gr¢ate8t potential for fzawl in relatioD to revenlle reeognition. In Com0 with all Audits under Page 7
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE FALCONRY HERITAGE TRUST U ofour rwort This report is made solely to the ltsb mNnbus. a body. in r&COrd Chapter 3 of Pan 16 of Companies Act 2006. Ow audit been undeJth so VK might 8tste lo the charitxble eompatys charitable compatt$ members Ls a Ixxly. 4udtt this rem or for the opinioos we have forn(L ones Bsc FCA (SeDior StatstLry Auditcr) for and ofj behalf of Clay Shaw Butltr Iimid 24 L4mTDA8 Street SA313AL
THE FALCOI¥RY HERITAGE TRUST STATEMENf OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023 31.1223 31.12.22 Note5 ]NCOME AND ENDOWMENTS VROM 44,788 42,464 EXPENDrruRE ON RAlthg fllndi Rai5iDg dollotio alld lega¢ie8 4.107 4.012 4.107 4,012 Cbarlt#bk xetfvld Sthdy project 36,706 50.626 Totsl 40,813 54.638 Net sai(1088¢6) on inve8imcnts 0875 (216,697) NET ll¥COMEI(EXPENDITURE) 72.550 (228,871) RECONCILIATION OF FiJNDS ,457,971 1,686,842 1,530,521 1,457.971 Pa8¢ 9
THE FALCOIYRY HERITAGE TRUST BALANCE SHEET 31 DECEMBER 2023 31.12.23 Untestricted 31.12.22 Totsl CURRE ASS Invuttn¢nts Cash at bank 12 1.507.621 24.790 1.424.493 35.098 1.531411 I.45991 CREDITORS 13 (1,890) (1,620) NET CURREY4T ET8 1.530521 1.457.971 TOTAL ASSETS LLSS CURRENr I J30,521 1,457.971 NET ASSETS 1,530,521 1,457,971 FUNDS 14 1.530.521 .457971 TOTAL FUNDS 1.530.521 .457.971 subje¢t to tbe 8mall comp]]¢6 rn8llDe. l.l.. Fkx......2K7%W. *v¢ its behfb. DrN C Fox- TThte¢ Pa8e 10
THE FALCONRY HEIUTAGE TRUST NOTES TO THE FINAThCLIL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 AoRy INFORMATION ACCOUNTll¥G POLICIFS The fillanciai stat¢m¢nts of the charltable c<)nw. vknicb is a public benefii entity under FRS 102, hav¢ been prepared in accordance with the Chariliu SORP (FRS 102) A¢¢011 and Rep)rtiD8 by ClwitieB: Ststonent R¢poTting StandaTd 8pplieabk in the UK a] R¢publi¢ of Ireland (FRS 102) (gffedive l January 2019),. FinaDcid Rewtill8 StaDdArd 102 Th¢ Fin]#1 R¢pxtr8 Stalard 44Jlicabk in the UK ond Republi¢ of The F•l¢owy H¢ritB8e Tnut meets the defffji of o pvbltc btaefit rntityuthFRSIO2. Fll¥ANCIAL REPORTING STANDARD 102. REDUCED DISCIA)SURE EXEMPTIONS 8tstements. as permitd by FRS 102 Tr FiDryial RewtiD8 StarMl&rd Applicablc in the UK Al Republic of INCOME is pmbable th81 iZOD% will be rtteiv•J w¥1 the any)unt be reliabty. Liabilities ore re¢ogni8eAI As eA>nthttUr a5 yoon 88 tkn 18 a Iwl or Cons1¥¢ obli8ation comrtllttiti8 the Charity to that eXdItUt il li Probable that i ¢raJth of trifflomic ixnefits will be nquired in gettlement and the amowrt of the ob]igation can be measnd reliably. EXpalat is aecA)untryJ fw on ftn accrual$ b88is aDd ha8 attnbut¢d Pthicular they bave bee• alk&$1 to a¢tivitie8 OD a b&8is CQDJiSt¢nt with the use of TAXATIOF4 Pa8¢11
THE FALCONRY HERITAGE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POIJCIES. eontln•ed FUND ACCOUNTING S P¢llsion scboN¢ arc chargal to the Ststellmt of Fin111 Activitiea ID the period to which they rejate. CURRENT ASSET INVESTMENT REAUSED GAINS AIW LOSS pur¢ha8e Pri if awilvd subwTht to the fll5t day of the finallcial r. UllreallB gain8 aDd 105B¢S * Pa8e 12
THE FALCONRY HERITAGE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 31.12.23 31.12.22 Deposit account interes¢ 43.692 1.096 41,619 44.788 42,464 RAISING DONATIONS AND LIGACIFS 31.1223 31.12.22 Sundrie8 Computer ¢0 2.074 2.033 2.(M)5 2,007 4.107 4,012 of activiti {Aee ts{¢ notè 7) Study proj¢¢t 1,478 3.614 31,614 36.706 31.1223 31.12.22 Studyproject 3,614 19.404 riD8 th¢ yeAr ejthd 31 De 2023 2 yallts ad4' 1 kn an iDStitution w]d i to an individuaI. 31.12.23 31.12.22 Jonathan Munnier 1.750 Horns Society. tx Bi¢n Aller Cartre IrishHawkiti8 Chth 6J73 4.388 2.638 3505 3.614 19,404 Falconry Anthologg (volum¢ l). P13
THE FALCONRY HERITAGE TRUST ]YOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 DECEMBER 2023 GRANTS PAYABLE. conthiud wpll.kwThTh s¢ Afri¢m fal¢thxrs. The 8rgnt to th¢ Hon]s Sc• ai I BieD Aller DU C 18 to a CD of faDfares for Horns and Falconry, The grant to the Irish HawkiDB Club is lo sporÈuor a FoiC{ ex1u11 in EltiOn in Dublin City. SUPPORT COSTS Tota]s StsM4y projrf¢ 28291 3J23 31,614 Supwt Colts, iti¢hth4 in follom: MANAGEMENT 31.12.23 31.12.22 project octi*itieB 27.620 671 27,620 671 Penyions 28291 28291 GOVERF4ANCE COSTS 3l.12.23 31.12,22 Total a¢uviue8 projfxi Wage8 I,(M)O 2.070 253 I,OL 1.620 311 3.323 2,931 Page 14
THE FALCONRY HERITAGE TRUST NOTES TO THE FINANCIAL STATEMEF4TS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 31.1223 31.1222 2,070 1,620 IhriDB the year ejmled 31 D¢ember 2023. Mr Dld lIcl (i truste¢) re¢eived £600 for ¢kntiD8 on bcw)k to wblisbcd by the clwiry. TRUSTEES, EXPENSLS 31 Devmber 2022. 10. STAFF COSTS 31.1223 31.12.22 28.620 671 28,620 671 29,291 29291 31.1223 31.12.22 KeyManw in the YEarw £29291 {2022 .. £29291). ii. Unr&8trict 42.464 ExPENDrnJ o R•InE fun 4.012 4,012 Page 15
THE FALCONRY HEIUTAGE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 Ch•rlt•bl¢ actfvRtle4 Siudy Proj1 50,626 Totsl 54,638 Net galo(1<01) oll illvutwty (216.697) NET ll¥COMFI(EXPENDrruRE) (228,871) RECONCILIATION OF FUNDS Total fiJ8 brwht for 1,686,842 TOTAL FUNDS CARRIED FORWARD ,457,971 12. 31.12.23 31.12.22 1,507.62I 1,424,493 2023 V8h at l J8nw 2022 1,424,493 44,735 (182) 68J75 130,000) Profit in the y¢ar M•Jknt value At 31 Dllbr2022 1,507,621 Page 16
THE FALCONRY HERITAGE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 11 CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YFAR 31.12.23 31.12.22 1,890 1,620 14. MOVEMENT IN FUNDS Net At 3J.12.23 At 1.123 UDrutrleted 1,457,971 72,550 IJ30,521 TOTAL FUNDS 1,457,971 72,550 1S30,J21 in fiTJbJs ,788 (40,813) 68.575 72,550 TOTAL FUNDS 44,788 (40813) 68,575 72,350 Compmtlvtt for Akn)vemM¢ IM fuAd• Net At 31.12.22 Ati.122 1,686.842 (228,871) 1,457.971 1.686,842 (228.871) 1.457.971 UDrntrl¢ted fu 42,464 (54.638) (216.697) (228.871) TOTAL FUI¥DS 41464 (54.638) (216.697) 1228,871) Page 17
THE FALCONRY llERAGE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 Dr N C F & tnL*¢ of the djarity. 8 dire¢tor a1 8burknldu of IntenHtiLThI Wildlife Con5ultsnts IUK) tkning the The FakoDry Heritage Tnt chuBed Ll(K) (2022.. £250) for serYA¢es provid by tkrAn8 the year, expens&q PAid by Interon Wijdlifr CLwiltsnts (UK) Limite4 on beba]f of the Falcomy Huitsgc TTUSt £32.656 (2022.. £45.572). (2022: nil). Page 18
THE FALCONRY HERITAGE TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 31.12.23 31.12.22 INCOME AND ENDoWMErS Dividend iwome 43,692 1.096 41,619 44,788 42.464 Total kneojnlng reree8 44,788 42.464 RAIth8 donatlom •lld legael Sulldrie8 Computcr ¢08ts 2.074 2.033 2,005 2,CK)7 4.107 4,012 Ch*rltsble •¢dwlde• Book produ¢tioD costs Gr8llts to iLItilI0118 Grts to individuals 1,478 1,750 1,864 13399 6,th15 5.092 19,404 Support ¢osth M4llAgem¢nt Wag P¢nsioD 27,620 671 27.620 671 28,291 28291 W8ge4 Auditorn. Trmullerntion I,(M)o 2.070 253 1.620 311 3.323 2,931 40.813 54.638 Net ILeomel(e41eDdltur¢) 3,975 (12,174) Page 19