## **Indo-Myanmar Conservation**
**(A Company Charity Limited by Guarantee)**
**Annual Report and Financial Statements for the year ended**
## **31st August 2025**
**(Charity Number: 1126123) (Registered Company Number: 06662240)**
Charity Accounts Preparation & Independent Examination Service
## **Indo-Myanmar Conservation**
**(A Company Charity limited by guarantee)**
|**Contents**||
|---|---|
|**Index**|**Page**|
|**Directors (Trustees) Annual Report**|**1**|
|**Independent Examiners Report**|**6**|
|**Statement of Financial Activities**|**7**|
|**Balance Sheet**|**8**|
|**Notes to the Accounts**|**9**|
**Report of the trustees for the year ended 31st August 2025**
**From:** 1st September 2024 **To:** 31st August 2025
The trustees present their report and the unaudited financial statements for the year ended 31st August 2025. Reference and administrative information set out on page 3 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102 (effective 1 January 2019).
**Charity's full name** Indo-Myanmar Conservation **Registered Company number** 06662240 **Registered Charity number** 1126123
## **Objectives and activities**
## **Summary of the purposes of the charity set out in its governing document**
The objects of the Charity, inter alia, are:
To promote the conservation of wild plants and animals, particularly those endemic or mainly confined to Vietnam, Laos, Cambodia, Thailand, Myanmar and/or Southern China, and such other charitable purposes as the trustees determine. At present, a majority of the work of IMC focuses on tortoises and freshwater turtles through its Asian Turtle Program (ATP).
## **Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts**
The Trustees confirm that they have complied with the duty in Section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit. That guidance outlines the need to all charities aims to be demonstrably for benefit at the Trustee meetings.In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.
## **Achievements and performance**
## **its beneficiaries and any wider benefits to society as a whole.**
was made in expanding conservation breeding capacity, releasing turtles back to the wild, and building new partnerships.
Key highlights include:
Continued operation of the Turtle Conservation Centre (TCC) at Cuc Phuong National Park, with ongoing rescue, rehabilitation, breeding, and release activities.
Advancement of the Annamite Conservation Breeding Centre (ACBC) at Bach Ma National Park, with construction progressing and pheasants, rabbits and muntjac.
Vietnam.
annamensis), Indochinese Box Turtle (Cuora galbinifrons / bourreti / picturata), and others.
Training and capacity building, including the 20th annual Tortoise and Freshwater Turtle Field Skills Training Course and veterinary workshops.
Expanded partnerships with ReWild, WWF, World Bird Sanctuary, Cleveland Metroparks Zoo, and government agencies.
1
**Report of the trustees for the year ended 31st August 2025**
## **Overview period 1st September 2024- 31st August 2025**
Core programme activities continued with a focus on priority TFT species. The development of the conservation breeding centre at Bach Ma National Park progressed well. Rescue and release efforts at TCC remained a major output. Partnerships were strengthened across Vietnam and the region, with increased activity in Lao PDR. Staffing and workload remained challenging but were supported by a dedicated team and new volunteers.
## **Challenges**
Maintaining sufficient staffing levels while managing a high workload continues to be a key challenge. Additional funding is needed to support core staff and expand capacity for growing programmes, particularly at the new ACBC facility.
## **Summary of Project Activities**
New Partnerships
Strengthened collaboration with Bach Ma National Park, WWF, and Re:wild for the ACBC project.
Continued partnerships with government agencies (e.g., DONRE, FPD) and international organisations for surveys and releases.
## **Resources produced during this project period included:**
Publications:
Multiple scientific publications were produced in collaboration with partners.
## Events & Awareness:
Ongoing media engagement and community awareness activities, including school programmes and religious release education campaigns.
## Community engagement
Turtle habitats.
Training:
20th annual TFT Field Skills Training Course (May 2025) with 14 participants.
Veterinary and husbandry training for staff and partners.
Leadership and capacity-building programmes for team members.
Surveys:
Field surveys for Vietnamese Pond Turtle, Indochinese Box Turtle, and other species.
Amphibian surveys in Hoang Lien NP and other sites. Preparations for the release of Vietnamese Pond Turtles in central Vietnam Monitoring of key habitats throughout Vietnam
Received numerous rescued turtles.
Successful breeding and hatching of multiple species.
Major releases (including 68 turtles in October 2024 and 30 Keeled Box Turtles in June 2025). Facility improvements, including new enclosures.
## **Bach Ma Conservation Breeding Centre**
Construction advanced significantly.
Initial husbandry and training activities are underway.
2
**Report of the trustees for the year ended 31st August 2025**
## **Other Activities**
Camera trapping, eDNA sampling, and support to other rescue centres continued.
## **Financial review**
During the year total income amounted to £264,284 and expenditure for the year totalled £222,091, making a net surplus for the year of £42,193 before exchange rate differences. £38,474 surplus after loss in exchange.
At the balance sheet date, the Charity had total funds of £200,563. Uncommitted reserves freely available for charitable activities were £255,262
## **Statement explaining the policy for holding reserves stating why they are held**
The intention of the trustees is ultimately to distribute the majority of its unrestricted reserves in accordance with the charity's objectives, The charity needs to retain some reserves to cover the charity's UK expenditure.
## **Plans for Future Periods**
Following the accomplishments we achieved up to now, the charity intends to continue to focus on priority project sites and species.
## **Risk management**
The trustees review the major risks that the charity faces on a regular basis and believe that, whilst following the reserves policy, there will be sufficient resources in the event of adverse conditions. Systems are in place to mitigate operational and business risks.
## **Structure, governance and management**
|**Description of the charity's trusts**||
|---|---|
|**Type of governing document**|The charitable company was established under a memorandum of association, which established|
||the objects and powers of the charitable company and is governed under its articles of|
||association. With a focus mainly on activities in Vietnam, IMC was formally registered in Vietnam|
||on the 4th of March 2015 with The People's Aid Co-ordinating Committee (PACCOM), following an|
||initial extension, the registration was renewed on 30th August 2021 for a period of 3 years valid to|
||4th March 2024. The organisation has also undertaken a number of awareness and training|
||activities in Lao PDR in recent years, with these activities supported through partnerships with|
||Laos Zoo (LWC), Laos National University|
|**How the charity is constituted**|The organisation is a charitable company limited by guarantee, incorporated on 1 August 2008|
||and registered as a charity on 1 October 2008.|
|**Trustee selection methods including**|At the year-end there were three trustees, two are based in the UK and one in the US. One of the|
|**details of any constitutional**|UK trustees also works for ATP/IMC based in the UK with some months spent in Vietnam.|
|**provisions e.g. election to post or**|Trustees meet regularly to monitor activities and fundraising. One trustee prepares and circulates|
|**name of any person or body entitled**|updates on field activities, financial status, and administrative matters. Two trustees give their time|
|**to appoint one or more trustees**|voluntarily; the third, Timothy McCormack, is paid a salary as permitted under the Articles of|
||Association.|
All trustees undertook an initial briefing and induction programme. Any future trustee would undergo a similar induction programme. The trustees fully understand the im-portance of operating to the highest standards of corporation governance to ensure the public have confidence in the Charity.
matters every quarter.
Two trustees give their time voluntarily and receive no benefits from the charity in their role as trustees. The third, Timothy McCormack, also works full time for IMC/ATP as a director and as such is paid a salary as allowed following 13.5 section of the Arti-cles of Association. Any expenses reclaimed from the charity are set out in note 7 to the financial statements.
## **Reference and administration details**
**Charity's full name** Indo-Myanmar Conservation
**Other names the charity is known by** Asian Turtle Pro
15 Lime Walk
3
## **Report of the trustees for the year ended 31st August 2025**
Ripon, HG4 2NF
## **Names of the trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for
Trustee name Office (if any) Name of person (or body) entitled to appoint trustee (if any)
whole year
Timothy McCormack
Douglas Hendrie
Dr. Diana Bell
Names and addresses of advisers
Type of adviser Name Address
Independent Karen Wood Outsource Accountancy Services & Independent Examinations
Examiner ACMA,CGMA 2 Galligap Lane, Osbaldwick
York, YO10 3NR
**----- End of picture text -----**
## **Trustee responsibilities in relation to financial statements**
Company law requires the directors (trustees) to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the income and expenditure of the company for the year. In preparing those financial statements, the directors (trustees) are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles of the Charities SORP
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue on that basis.
The directors (trustees) are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements compy with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Members of the Board of Trustees, who are Directors for the purpose of company law, and Trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 5.
## **Disclosure of information**
In so far as the Trustees are aware:
- There is no relevant information of which the Charity's Independent Examiner is unaware;
- -The Trustees have taken the necessary steps to be aware of the information, which would be relevant for independent examination purposes and have communicated them to the independent Examiner,
## **Exemptions**
The trustees have taken advantage of the exemption available to small companies, including the audit exemption (as detailed on the balance sheet).
## **Declaration**
## **This report was approved by the Board of Trustees**
**Signed on behalf of the charity's trustees**
## **Signature**
## **Full Name**
## **Position**
**Date**
4
I report on the accounts of: **Indo-Myanmar Conservation** for the year ended: **31st August 2025** which are set out on pages 7 to 16 .
## **Responsibilities and basis of report**
you are responsible for the preparation of the accounts in accordance with the requirements of
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
## **examination by being a qualified member of The Chartered Institute Of Management Accountants.**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the Trust as required by section 386 of the Act; or
- 2 the accounts do not accord with those records
- 3 the accounts do not comply with the accounting requirements of section 396 of the
- is not a matter considered as part of an independent examination; or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**Karen Wood (ACMA, CGMA)** Outsource independent examination 2 Galligap Lane Osbaldwick York YO10 3NR
16/05/2026
**Date:**
6
## **Indo-Myanmar Conservation**
(Charity Number: 1126123)
(Registered Company Number: 06662240)
## **Statement of Financial Activities for the year ended: 31st August 2025**
|**Note**
**Income**
**3**
Donations and grants
3.1
Investment income
3.2
Other income
3.3
**Total income**
**Expenditure**
Charitable activities
**4**
**Total expenditure**
**Net incoming/(outgoing) resources before**
**transfers**
**Gross transfers between funds #**
**Net incoming/(outgoing) resources before**
**other recognised gains/(losses)**
**Other gains/(losses) Foreign exchange**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**||**Unrestricted**
**funds**
**£**
102,044
25
-
**102,069**
65,730
**65,730**
**36,339**
-
**36,339**
(2,629 )
**33,710**
221,552
**255,262**|**Restricted**
**funds**
**£**
162,215
-
-
**162,215**
156,361
**156,361**
**5,854**
-
**5,854**
(1,090 )
**4,764**
39,537
**44,301**|**Total**
**2025**
**£**
264,259
25
-
**264,284**
222,091
**222,091**
**42,193**
-
**42,193**
(3,719 )
**38,474**
261,089
**299,563**|**Total**
**2024**
**£**
280,004
22
125
**280,151**
265,147
**265,147**
**15,004**
-
**15,004**
(1,382 )
**13,622**
247,467
**261,089**|
|---|---|---|---|---|---|
7
## **Indo-Myanmar Conservation**
(Charity Number: 1126123)
(Registered Company Number: 06662240)
|**Balance Sheet as at:**
**Note**
**Fixed Assets**
Tangible assets
**7**
**Current assets**
Cash at bank and in hand
**8**
Debtors & prepayments
**9**
Creditors & accruals
**10**
**Funds of the Charity**
Unrestricted Funds
**11**
Restricted Funds
**11**
**Net current assets/(liabilities)**
**Net assets**
**31st August 2025**
**Total current assets**
**Current liabilities: amounts falling due**
**within one year**
**Total funds carried forward**
**Total Fixed Assets**|**2025**
**£**
**1,819**
227,277
72,517
**299,794**
2,050
**297,744**
**299,563**
255,262
44,301
**299,563**|**2024**
**£**
**2,807**
243,303
16,929
**260,232**
1,950
**258,282**
**261,089**
221,552
39,537
**261,089**|
|---|---|---|
The trustees are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.
The directors (trustees) acknowledge their responsibilities for:
i) ensuring the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006; and
ii) preparing financial statements which give a true and fair view of the state of affairs of the company at the end of each financial year and of its profit and loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standards for Smaller Entities (effective April 2008).
The financial statements were approved by the trustees and signed on their behalf by:
**Signature Full Name Position Date**
8
## **Indo-Myanmar Conservation**
(A Company Charity Limited by Guarantee)
## **Notes to the accounts for the year ended:**
## **31st August 2025**
## **1 Basis of preparation**
## **1.1 Basis of accounting**
The financial statements are prepared under the historical cost convention and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP (FRS 102)).
## **1.2 Change of basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
## **1.3 Change to previous accounts**
No changes have been made to accounts for previous years.
## **2 Accounting policies**
## **Income**
## **Recognition of incoming resources**
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- receipt is probable; and
- the monetary value can be measured with sufficient reliability.
## **Income with related expenditure**
Where incoming resources have related expenditure, the incoming resources and related expenditure are reported gross in the SoFA.
## **Grants and donations**
## **Donated services and facilities**
These are only included in income (with an equivalent amount in expenditure) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## **Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
9
## **Expenditure and Liabilities**
## **Expenditure**
## **Raising funds**
Cost of raising funds comprise those costs associated with attracting voluntary income.
## **Charitable activities**
Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Liability recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## **Foreign currencies**
Assets and liabilities in foreign currencies at the year-end have been converted into UK Sterling at the rate of exchange applicable at the date of the Balance Sheet. Transactions in foreign currencies during the financial year have been converted into sterling using the exchange rate on the day of the transaction. Exchange rate differences are taken into account in arriving at the operating result.
## **Fund accounting**
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are funds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor.
## **Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less depreciation. Individual assets costing more than £500 are capitalised.
Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Equipment
33% Reducing balance
10
## **Indo-Myanmar Conservation**
## **Notes to the accounts for the year ended: 31 August 2025**
|**3.1**
**3.2**
**3.3**
Misc income
**Donations and grants**
Grants
**Total income**
**Income**
**Other income**
Donations
**Investment income**
interest|**Unrestricted**
**funds**
**£**
102,044
**102,044**
25
**25**
0
**102,069**|**Restricted**
**funds**
**£**
162,215
-
**162,215**
-
**-**
**162,215**
**2025**|**Total**
**2024**
**£**
264,259
-
**264,259**
25
**25**
-
**264,284**|**Unrestricted**
**funds**
**£**
84,053
-
**84,053**
22
**22**
125
**84,200**|**Restricted**
**funds**
**£**
195,951
-
**195,951**
-
**-**
-
**195,951**
**2024**|**Total**
**2023**
**£**
280,004
-
**280,004**
22
**22**
125
**280,151**|
|---|---|---|---|---|---|---|
11
## **Indo-Myanmar Conservation**
**Notes to the accounts for the year ended: 31 August 2025**
|**4**
Depreciation
**Total expenditure**
staff salaries
supplies
TCC food/rescue
**Total charitable activities**
Transport & travel
Overhead contribution
Other staff expenses & benefits
rent
Office & admin overheads
Bank charges
Local counterparts
Professional fees & services
Equipment
Food
Repairs, maintenance & service fees
Communications
sundry
Accomodation & subsistance
**Charitable activities**
**Expenditure**|**Unrestricted**
**funds**
**£**
-
358
2489
-
962
-
-
1,854
87
7,156
146
60,597
-
4,563
-
5,527
(18,997 )
988
**65,730**
**65,730**|**Restricted**
**funds**
**£**
84
163
723
905
1,316
-
3
376
189
6,644
6,001
99,385
-
8,924
1,328
11,323
18,997
-
**156,361**
**156,361**
**2025**|**Total**
**2024**
**£**
84
521
3,212
905
2,278
-
3
2,230
276
13,800
6,147
159,982
-
13,487
1,328
16,850
-
988
-
-
**222,091**
**222,091**|**Unrestricted**
**funds**
**£**
-
3
675
-
1,566
1,620
-
46
2,992
1,202
54,449
6,064
221
4,350
3,008
**72,956**
**72,956**|**Restricted**
**funds**
**£**
584
444
1,068
974
586
6
1,486
1,128
24,765
5,104
115,063
1,339
12,431
3,478
23,735
-
**192,191**
**192,191**
**2024**|**Total**
**2023**
**£**
584
447
1,743
974
2,152
-
6
134
-
1,174
27,757
6,306
169,512
1,339
18,495
3,699
28,085
-
3,008
**265,147**
**265,147**|
|---|---|---|---|---|---|---|
12
(A Company Charity Limited by Guarantee)
## **Indo-Myanmar Conservation**
## **Notes to the accounts for the year ended:**
## **31st August 2025**
## **5 Expenses & fees**
## **5.1 Trustee expenses**
No Trustees were paid expenses in the current or previous year.
## **5.2 Trustees fees**
Timothy McCormack, one of the trustees, is also an employee and is paid for his service as Programme Director of ATP in Vietnam. During the year he received a salary and pension contributions totalling £31,693, from the charity (2024-£46,599)
## **5.3 Fees for examination or audit of the accounts**
|||
|---|---|
|**5.3 Fees for examination or audit of the accounts**
Independent Examiner's fees for reporting on the accounts
Other fees paid to the Independent Examiner
**6**
Staff costs comprise:
Wages and salaries
Employer's national insurance
Employer's pension contributions
**Staff costs**|**2025**
**2024**
**£**
**£**
950
950
1,100
1,000
**2,050**
**1,950**|
||**2025**
**2024**
**£**
**£**
134,355
142,361
24,693
25,881
934
1,270
**159,982**
**169,512**|
No employees received in excess of £60,000 (2024 - none) Average number of employees 19 (2024 - 19)
The key management personnel of the charity are the trustees and the programme director.
## **7 Fixed assets**
|**Cost or valuation**
At 31st August 2025
At 1st September 2024
Additions in year
At 1st September 2024
**Net Book Value**
At 31st August 2025
**Fixed assets**
**7.1 Tangible fixed assets**
Charge for the year
At 31st August 2025
**Depreciation**
At 31st August 2024|**Equipment**
**Total**
**£**
25,942
**25,942**
23,135
988
**24,123**
**1,819**
**2,807**|
|---|---|
13
## **8 Cash at bank and in hand**
|**8**|**Cash at bank and in hand**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|||**Funds**|**Funds**|**2025**|**2024**|
|||**£**|**£**|**£**|**£**|
||VND Bank|1,272|-|1,272|9,955|
||USD Bank|146,046|44,301|190,347|221,106|
||Euro Bank|10,588|-|10,588|5,659|
||VND Cash|18,533|-|18,533|6,001|
||GBP Cash|6,537|-|6,537|582|
|||**182,976**|**44,301**|**227,277**|**243,303**|
|**9 **|**Debtors and prepayments**
**Analysis of debtors falling due within one year**
Accrued income
Staff advances|||**2025**
**£**
72,517
-|**2024**
**£**
14,678
2,251|
||**Total**|||**72,517**|**16,929**|
|**10 **|**Creditors and accruals**
**Analysis of creditors falling due within one year**
Accruals
Creditors|||**2025**
**£**
2,050
-|**2024**
**£**
1,950
-|
||**Total**|||**2,050**|**1,950**|
## **11 Analysis of Funds**
## **11.1 Movement of major funds**
|**2025**
USFWS
Full Circle
WWF
SL Zoo
ASAP
ReWild
Edge
**Fund Name**
**Unrestricted Funds**
General Unrestricted Funds
**Restricted Funds**
CEPF
Segre Fondation
**Total Funds**|**Balance**
**Incoming**
**Outgoing**
**(loss) gain**
**Balance**
**B/Fwd**
**Resources**
**Resourceson exchange**
**Transfers**
**C/Fwd**
221,552
102,069
65,730
(2,629)
-
255,262
**221,552**
**102,069**
**65,730**
**(2,629)**
**-**
**255,262**
-
(31,034)
72,517
40,512
856
-
1,827
33,652
74,044
74,480
(928)
-
32,288
-
1,450
-
-
-
1,450
(3,794)
5,488
1,798
105
-
1
12,759
-
12,407
(352)
-
-
3,802
3,697
1,196
(105)
-
6,198
5,469
-
1,070
(151)
-
4,248
18,683
-
22,436
(515)
-
(4,268)
-
5,019
2,462
-
2,557
**39,537**
**162,215**
**156,361**
**(1,090)**
**-**
**44,301**
**261,089**
**264,284**
**222,091**
**(3,719)**
**-**
**299,563**|
|---|---|
The funds in negative balance are receiving more funding in the next financial year. Rewild received funds of $71,587.90 on 5/12/2025 . Funds can arrive later than the account period pending reports approval from the donor.
14
|**2024**
USFWS
Full Circle
CEPF
WWF
Segre Fondation
SL Zoo
ReWild
**Fund Name**
ASAP
**Unrestricted Funds**
General Unrestricted Funds
**Restricted Funds**
**Total Funds**|**Balance Incoming**
**Outgoing**
**Diff on**
**Balance**
**B/Fwd Resources**
**Resources**
**Exchange**
**Transfers**
**C/Fwd**
210,921
84,200
72,956
(105)
(508 )
221,552
**210,921**
**84,200**
**72,956**
**(105)**
**(508 )**
**221,552**
(36,283)
65,159
61,179
1,269
-
(31,034)
6,301
76,144
48,573
(220)
-
33,652
20,320
25,059
45,176
(711)
508
-
6,266
19,077
28,918
(219)
-
(3,794)
13,221
-
(462)
-
12,759
-
3,802
-
-
-
3,802
7,361
6,710
8,345
(257)
-
5,469
19,360
(677)
-
18,683
**36,546**
**195,951**
**192,191**
**(1,277)**
**508**
**39,537**
**247,467**
**280,151**
**265,147**
**(1,382)**
**-**
**261,089**|
|---|---|
## **11.2 Transfers between Funds**
The transfer between funds represents the slight underspend being released into unrestricted funds to end the project with the permission of the funder, or a slight overspend being made up from unrestricted funds.
## **11.3 Restricted Funds**
## **USFWS**
is $335,232.00. The project location is throughout Vietnam and to date, 31st of August 2023.
## **Full Circle**
Conservation of critically endangered tortoises and freshwater turtles in Vietnam, for 12 months, from April 2022 to March 2023. A contribution total of $120,307 was allocated for the period to date (31 August 2022). Funds from the grantee support work in Son Tay district (from Hanoi city), Deo Ca area (from Phu Yen province) and Cuc Phuong National Park, Ninh Binh Province.B197
## **CEPF**
Critical Ecosystem Partnership Fund (CEPF) - Provided support to a range of species-focused project field activities and staffing costs. The project total budget is for $200,060.00 over a three-year period from July 2021 to June 2024. To date (31 August 2023), the disbursement is 111,649.02US
## **WWF**
To provide support for two surveys in Nghe An Province and Hue Province in the search for the Saola. The total budget is $40,000 from April 2023 to February 2024.
## **Segre Fondation**
Developing viable release strategies for rehabilitated and endangered Big-headed turtles in Vietnam
15
## **SL Zoo**
IUCN Mekong Wet grant for activities to assess wetland habitat and climate change vulnerability for the critically endangered Vietnamese Pond Turtle (Mauremys annamensis). This has included biodiversity surveys at key wetland habitats in Phu Yen province, remote sensing of possible habitat with climate change impact modelling and discussion, socioeconomic surveys with vulnerability assessments for the species and habitats using specific VA tools.
## **ASAP**
Provided support for habitat assessments in central Vietnam in critical habitat for the endemic Vietnamese Pond Turtle as part of preparations for a reintroduction. TCC rescue, supported the rescue and rehabilitation of threatened TFT from three provinces in Vietnam, with support for some holding facilities and genetic screening for animals.
## **ReWild**
Provided funds as part of an IUCN TFT specialist group funded activity to organise a workshop for the Swinhoe's Softshell Turtle and produce associated reports.
## **Edge**
## **12 Net assets between funds**
## **2025**
|Fixed assets
**2024**
Fixed assets
**Fund balances at 31st August 2025**
Current assets
Current liabilities
Current assets
Current liabilities
**Fund balances at 31st August 2024**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
1,819
-
**1,819**
255,493
44,301
**299,794**
(2,050 )
-
**(2,050 )**
**255,262**
**44,301 299,563**
**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
2,807
-
2,807
220,695
39,537
260,232
(1,950)
-
(1,950 )
221,552 39,537 261,089|
|---|---|
## **13 Transactions with related parties**
No related party transactions were undertaken during the year, nor in the previous year.
16