REGisfERED COMPANYNUMBER: 054011113 (Ell￿and *nd Wales)
REGISTERED CHARITY NUMBEL. 1125033
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
THE FALCONRY HER￿AGE 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
B8l*nee Sh•et
io
NO￿ ¢0 the stlt4n￿ts
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: stateD￿nt of Rt¢oM0M￿ Pra￿1¢¢ applicable ts) ehJrilie5 prepwin8 the
aeeount8 in aC￿rd￿n¢t with the Fin￿la1 R¢poning Standatd 4ylicable ID the UK a￿1 Rewbkn of Itel4Dd (FRS 102)
{effe<ttNt l January 2019).
Obleetlvts Al
To preserve for the benefit of the public P￿1¢41 #rtefacts and obic¢ts thai rejats to the hi#ory and IKritage of the 4
f fa]cotry. Tncluth8 its ¢ththbutions to the ￿le￿IfiC 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. I￿hNl]D8 intrrnatioDal privatr and public
falcrnxr afyl Kholar althe.
this p￿ioUS 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 exF*rt advi¢¢.
bll¢ bmtfit
on ]thli¢ b¢n¢fiL
Gr*ntth•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¢ fi￿d$ 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
sTRU￿uRE GOVERY4ANCE AND MANAGEMENT
GoverDlng docuJneDt
The charity is e4)ntrolled by its govrniiDg • deed of ath4 limited Con]P￿y1 limited by
8uArantffj L8 d¢finryJ by the Companias Act 2006.
ia] resohrti¢)n datyj 4th July 2W8. On 17th Y￿y 2[￿.￿* wo8 r¢gist•ed with th¢ Cl)arity Commi88iOll.
(No.. 1125033).
Re¢ruI¢D￿l •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 obli￿￿￿9 arml 8c[*￿1 of the cbarity at t￿￿1¢< 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
Rel*ted pthl
Dr N C Fox. a tn￿tr< of the ¢lwity. is a dire¢tor shard¥)lts of Wildlife ConwltanLS (UK) IAmitr
Durin8 th¢ >rar the provided Tn￿1 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 coMp￿Y nmmlxr
05401103 (F￿glAnd 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 Bo*h
Mr K UIco8
M8 P M Cimberio
Mr H Chen
Mr D Horobiti
Mr S Mcneff
COmp￿Y 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 chUrch￿d
EC4M 8BU
STATEMENT OF TRUSTEL81 RESPONSIBILrrtKs
The tn￿te¢S (who ore also the direckx8 of The Fakowy Heritage "I'n￿t for the purpo￿ ot conw law) arc
re4X)￿l￿1¢ for prepari￿ the Rwrt of tbe Tn￿te¢S the gtrtanents iti with Applieable law and
of th¢ ￿181¢ of affairs of the ¢I￿l￿b￿ ￿)mp￿Y and of tr¢ iwoming re80uwu and a￿11¢&tiOn of re8OUrtw, in¢luditig
the loc0￿ 8t￿ expttmlitytyv. of the ¢haritable ¢OllVaDy foT that p￿10a. tn pr¢ptrI￿ tho* fllwi¢iAI sthtements. the
. ob8erK the aml pri￿lpleS 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 respo￿1￿)1C for Safegu￿ the ossets of the clwitsbk company and hence for
. the trus*es bave takeD all sty that (mght to have tsken to make thenLqelves avmre of any r¢levallt oudit
AuD￿ORs
Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE FALCONRY HERITAGE TRUST
OpAnlon
We have audited the fi￿a￿A8] Ststa￿D￿ 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 pre￿red IA with the reqUIr￿ts of the Cotiwie8 Act 2006.
for Dpknlon
We conducted our oudit in accor￿ with Jllferna￿ StatslardB on A￿111￿8 (UK) ItSA8 (UK)) Applicable law.
Our re8ponsiTr*iliti¢s stJndard8 arn fitrthtt dt*cnThcd in the Awjitorf ￿Tr$I11tics for th¢ audit of the
requirem￿ that relevwtt to OUT auth't of the ststements ID the UK ]￿l￿dIti8 the FRe8 Ethi¢nl St￿ar4
4nd WE bave fulfilled ow other ethi¢al res￿7n51￿￿1lIl￿4 iti a¢Wrd￿ with rtyuirunents. We beli¢v¢ that the •udil
g7nde￿e have obtsined is wfficie￿ 8ppr(ryrnt¢ ts provide a iwii for ow cyinioL
cone1m￿onI rel•dDK ¢0 ¢fylle¢rn
thai indiv1th￿Ily or ￿lleCtive]y1 may ca51 si￿1￿¢•￿t drA￿ on thE ¢I￿lIab￿ cowY8 ability lo Cont1Th￿ IA a 8Oiti8
se£tiOll8 of this rep(ffl.
Other Inforn￿tIon
. consider whether the other Informati￿ is mattrially i￿0￿$L￿ with the fllllncial 8tstetneDts or our knowled8e
Page 5

REPORT OF THE INDEPENDENf AUD￿oRs 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 respo￿lb￿ for the ptrparation of the financial 8tat¢nxnts and
¢ontinu¢ going CODCry di￿1031￿ as applicable, D￿terS related ￿ 8OiD8 C(ff￿rn 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)n￿b￿1t￿I 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 ￿N￿derell 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 Iimi*d
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
08￿75
(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.459￿91
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 beh￿fb￿.
DrN C Fox- TTh￿te¢
Pa8e 10

THE FALCONRY HEIUTAGE TRUST
NOTES TO THE FINAThCLIL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
A￿oRy 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¢¢0￿11￿ 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 Sta￿lard 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 permit*d by FRS 102 Tr FiDryial RewtiD8 StarMl&rd Applicablc in the UK Al￿ Republic of
INCOME
is pmbable th81 iZ*OD% 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 eX￿dItUt￿ 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. EXpa￿la￿t 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 Fin￿111 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 a￿d4' 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).
P￿13

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{￿ ex1u￿11 in E￿￿ltiOn 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 D￿ld lIc￿l￿ (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•I￿nE 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 Proj￿1
50,626
Totsl
54,638
Net galo￿(1<01￿) oll illvutw￿ty
(216.697)
NET ll¥COMFI(EXPENDrruRE)
(228,871)
RECONCILIATION OF FUNDS
Total fi￿￿J8 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 D￿llb￿r2022
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 llER￿AGE 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 a￿1 8burknldu of IntenHtiLThI Wildlife Con5ultsnts IUK)
tkning the The FakoDry Heritage Tn￿t chuBed Ll(K) (2022.. £250) for serYA¢es provid￿ by
tkrAn8 the year, expens&q PAid by Inter￿on￿ 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 ENDoWME￿rS
Dividend iwome
43,692
1.096
41,619
44,788
42.464
Total kneojnlng re￿￿ree8
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 iLIti￿lI0118
Gr￿ts 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