AUSTRALIAN WILDLIFE CONSERVANCY UNITED KINGDOM (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Charity Registration No. 1126703 Company Registration No. 06684247 . UK) B dlICatl to C<xWvat of .•trla.8 v¥thJhfe. We sw)p(xt knalian Wildlrfe
AUSTRALIAN WILDLIFE CONSERVANCY UNITED KINGDOM CONTENT Page Company Information Trustees Report Statement of Financial Activities Balan Sheet Notes to the Financial Statements Independent Examinerfs Report 10
Australian Wildlife Conservancy rrED [)1 Tntee$ Repcytand Kna11 Statements ForthÈ Year Ended 31* DÈcÈmbèr 2024 COMPANY INFORMATION: REGISTERED COMPANY NO. 06684247 REGISTERED CHARITY NO. 1126703 TRUSTEES: Mark C Mills, Bsc (Melboume) Joanne Sawicki Adam Hain Louise Mulley CHAIRMAN: Mark C Mills REGISTRERED OFFICE: 82C Portland Place London, W1 B 1NS WEBSITE: https.'Iluk.australianwildlife.org BANKERS: Lloyds Bank plc 25 Gresham Street London, EC2V 7HN SOLICITORS: BDB Pitmans LLP One Bartholomew Cl London, EC1A BL INDEPENDENT EXAMINER Oury Clark Chartered Accountants Herschel House 58 Herschel Steet Slough Berkshire SL1 1 PG OBJECTS: The objects of the charity are.. 1. For the benefit of the public, to enhance environmental protection by supporting the protection and enhancement of the natural environment in Australia and any aspect of it (including its native flora and fauna)- and 2. For the benefit of the public, to advance education by promoting, fostering, developing and assisting the study of the natural environment in Australia or any aspect of it (including its native flora and fauna), and supporting the dissemination of knowledge and information relating to the natural environment in Australia (including its native flora and fauna) or any aspect of it.
Australian Wildlife Conservancy tsNtFED [K)m Ttee$ Report and Fh[al Ststements Forthe Year Ended 31" Lknmber 2024 TRUSTEES REPORT The Trustees present their report, together with the financial statements of the company for the year ended 31 December 2024. Structure, Governance and Management Govemin Document The company is governed by its Memorandum and Articles of Association dated 21 August 2008. This was revised in 2024. Trustees The Trustees during the whole year under review were. Mark C Mills Jo Sawicki Adam Hain Louise Mulley Chair Or anisational Structure The Trustees of the charity are also the Directors of the company. The Chair of the trustees is nominated by the other trustees. The Directors as charity Trustees oversee the company. Mark Mills was appointed for an additional term of 5 years from 11 July 2024. Jo Sawicki was appointed from 15th November 2022. Adam Hain was appointed from 12th January 2023. Louise Mulley was appointed from 18th January 2023. The intention is that at least two board meetings will be held every year at which the Trustees may raise and discuss various issues. Two board meetings were held in the year under review. Recruitment and A ointment of New Trustee No new appointments in the year. Trustee Inducb'on and Trainin There is no formal induction and training for Trustees. However, the Trustees have all been informed about the charity's mission and vision. so that they may help to set and achieve the goals and objecb'ves of the charity. Affiliation The company has no legal affiliats'on to any other charrty however it is made clear to all its donors that most grants will go to Australian Wildlife Conservancy ('AWC"), a large Perth-based Australian charity who owns, manages or influences land for conservancy covering almost 13 million hectares for over 30 years. Risk Mana ement The Trustees have assessed the major risks to which the company is exposed, in particular those related to the finances of the company, and are satisfied that systems are in place to mitigate their exposure to major risks. Public Benefit The charity Trustees as Directors consider they have complied wrth the duty in section 4 of the Charities Act 2006 to have due regards to public benefit guidance published by the Charity Commission.
Australian Wildlife Conservancy rrED Tnthes Report and FlnarKial Statements For the Year Ended 31" De¢ember 2024 ACTIVITIES ChaIS Report In 2024 AWC UK continued its upward momentum. Once again, a new revenue record was set including donations. event income. gift-aid and bank interest, increasing circa 57% on the previous year to finish close to £494,0(hJ. With weakness of the Australian dollar this translated to revenue of over ASI million. A new highlight for the year was the inaugural Koala Gala, a black-tie fundraising dinner organised by a talented and passionate team of young volunteers who became the AWC UK Young Ambassadors group. The event, held at the Cavalry and Guards Club, quickly sold out and attracted the full capacity of 144 guests. Ancillary fundraising activities associated with this event, including donations matched by The Big Give, lead to revenues of circa £150,OCM). I would like to offer a huge thanks to our Young Ambassadors being- Edward Hoddle, Jillian Bagnall, Bec Newman, Nic O'connor and Jack Fernon. Building on the tremendous success of the "Drive to 5urvive- go-karting event last year, our Board Director, Adam Hain and his Macquarie Capital colleagues, organised Break Point, a Padel tournament that attracted over 20 teams. Wimbledon Champion. Pat Cash. was a star guest and once again the Macquarie Foundation kindly matched the net funds raised bringing the total contribution to our revenues for this event close to £220,000. The event was commemorated with a beautifully designed book filled with photos of the event and interesting information about AWC projects which Lizzy then distributed to the attending organisations. Our close contact with AWC continued this year with CEO, rim Allard, spending a week with us in March and participating in a number of events organised by the Head of Development Lizzy Crotty to further expand our network and profile in the UK. One of our key events for this week was an evening in the Exhibition Hall of the Australian High Commission in which local presenter and broadcaster, Michaela Strachan, interviewed Tim on the topic of Why Wildlifv Matters.. restoring nature in Austn71ia, attracting over 80 attendees This week was further enhanced by the visit of our US colleagues and counterparts from AWC US Inc which enabled us to convene our first global in person Board meeting. Many thanks to Anne Krumme, Managing Director of AWC USA, and US Board members Joanne Pickhaver and Christine Zorzi-wynne for making the trip to London to join us. It has been hugely satisfying to see our organization continue its growth trajectory and the way our small team works so collaboratively and effectively together. For achieving this extraordinary result, I convey my immense thanks to our exceptional leader, Lizzy Crotty, our close knit and engaged Board members, Louise Mulley, Jo Sawicki and Adam Hain, and our wonderful and efficient Treasurer, Tina Jensen. Finally, I would like to thank our loyal financial supporters who, together with their counterpart5 around the world, are the life blood of AWC.
Australian Wildlife Conservancy LNfTED lQt4GtNJv, Tri Report Hnancial 5tstements For theyear Ended 31° December 2024 FINANCIAL REVIEW Review of B siness The results for the year and financial position of the company are as shown in the annexed financial statements. Incoming resources exceeded expended reSoUrS by £393 (£69,478 in 2023). The decreased profit for the year. compared to the larger profit in 2023. is mainly due to higher costs and lower (unrestricted) donations retained in the charity to cover the costs. The revenue is up by 56.60k to £494.127 (£315,500 in 2023) offset by expenditure increase by 100.7tsk to £493,734 {£246.022 in 2023). The 2024 revenue includes donations, event income, gift-aid recovery and interest. The donations have risen this year to a record £423,541, an increase of £125,758 {42,2 /0) compared to 2023. This increase derives mainty from a large event and a matching campaign. Higher received donats'ons resulted in increased gift-aid recovery, which are up by 76.9 % from £16,360 to £28,935. One event in 2024 received £35,013 in Event income whereas there was no Event income in 2023. Interest rose from £1,357 to £6,638 (389.20/01, which predominately reflects a mtxture of more cash held and placing in fixed term deposits throughout 2024. Total resources expended increased from 2023 to 2024 by 100.70/0 from £246,022 to £493,734. This is mainly due to a higher grant of £386,171 {£155.105 in 2023) to Australian Wildlife Conservancy and this is the result of the increase in received donations. The grant is decided by the Board and is based on incoming donations for the 12 month's pericftl from the 1st November to 31st October the following year. It is agreed by individual donors to exclude certain donations from the grant to cover the charity's future running costs. Another expenditure increase in 2024 is in Event Costs (£25,526), which is 103.7Yo higher compared to 2023 (£12,529). This is due to two large events held in 2024 compared to one in 2023. A further increase from 2023 to 2024 is in Consultancy. which rose by 49.3% from £6,000 to £8,955. This increase is due to prospect research one-off consultancy costs with the aim of the charity to explore other donor channels. A final significant increase is in Independent Examination, which increased from £0 to £1,530. The volunteering Independent Examiner Signed in 2024 and the examination is now carried out by Oury Clark Chartered Accountants. Princi al Fundin SoUrs The company re]Ve5 most of its funding from donations made by individuals and organisations, supplemented in some (but not all) &?ses by gift-aid. Reserves Over the year under review the company's reserves increased by £393 from £161,421 to £161,814. The reserves relate to unrestricted funds. The Trustees seek to maintain reserves of at least £10,000. It is the ongoing company plan to make grants, if possible, towards the end of each financial year. This report has been prepared in accordan with the provisions applicable to companies subject to the small companies, regime under the Companies Act 2006. On Behalf of the Board Mark Mills, 5 June 2025 hainnan
Australian Wildlife Conservancy Trustees Report and Hnanclal Ststements For theyear Ended 3111 December 2024 STATEMENT OF FINANCIAL ACTIVITES AND INCOME AND EXPENDITURE ACCOUNTS Notes 2024 2023 Incoming resources Donations 423,541 297,783 16,360 Gift Aid 28,935 Events Income 35,013 Sponsorship Bank Interest 6,638 1,357 Total Incoming Resources 494,127 315,500 Resources ex ended Costs of Generating Funds Costs of Charrtable Activities 107,529 90,904 386,171 155,105 Governan Costs 13 Total Resources Expended 493,734 246,022 Net incoming l (outgolng) resources for the year 393 69,478 All incoming resources and resources expended derive from continuing acb'vities. There are no other recognised gains and losses. The notes on pages 7 to 9 fo part of these financial statements.
Australian Wildlife Conservancy Trustees Report and Finand81 Ststements Forthe Year Ended 31si December Z024 BALANCE SHEET Notes 2024 2023 Current Assets Cash at Bank and in Hand 185,098 102,637 85,722 797 Debtors 1,218 Prepayments Total Current Assets 951 187.267 189,156 187,267 189,156 Creditors: Amounts falling due within one year 25,453 27,735 Net Current Assets 161,814 161,421 Net Assets 161,814 161,421 Funds Unrestricted fvnds 161,814 161,421 The notes on pages 7 to g fomi part of these financial statements. For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relats'ng to small companies. Trustees, responsibilities-. the members have not required the company to obtsin an audit of its accounts for the period in question in accordan with secbon 476. 2. the Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts,. and 3. these accounts have been prepared in accordan with the provisions applicable to companies subject to the small companies, regime. For the year ended 31 December 2024 the Trustees consider an audlt is not required under Section 144(2) of the Charities Act 2011 and that an independent examination is needed. The financial statements were approved by the board of Trustees on and authorised for issue on 5 June 2025 and were signed on its behalf ot. Mark Mil s - TrusteelDirector
Australian Wildlife Conservancy UNttED Tntstees Report and financial statements For the Year Ended 3111 December 2024 NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared on a going wncem basis and under the historical cost convention. They have also been prepared in accordan with the Statement of Recommended Practice, Accounting and Reporting by Charities effective from 1 January 2015 (Charities SORP FRSSE 2015), applicable accounting standards and the Companies Act 2006. The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cashflow ststement on the grounds that it is a small company. Limited Company The company is limited by guarantee and has no share capital. Every member of the company guarantees to contribute a maximum of £1 on winding up. up to one year after aSIng to be a member. Incoming Resources Donations and legacy income are recognised in the year which the charity is entitled to receipts and the amount can be measured reasonable certainty. Expenditurè Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of obligation can be measured reliably, Irrecoverable value added tax IVAT) is charged against the category of reSoUrS expended for which it was incurred. Cash and cash equivalents Cash and cash equivalents include current account deposits held at call Vth bank and short-term liquid investments with original maturities of 95 days or less. Taxation The Charity is registered as a chanty under the Chartties Act 2011 and is not liable for UK tax on its charitsble activib'es. Trustees The TnJstees were paid no remuneration dunng the period and no Trustees, expenses have been reimbursed. Funds Funds held by the Charity consist of unrestricted ftjnds which can be used in accordan with the charitable objects at the discretion of the trustees. Financial instruments The Charity only has financial assets and financial liabiltties of a kind that qualrfy as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exptIOn of bank loans which are subsequently measured at amortised costs using the effeckn've interest methods. The Charty does not currently have any bank loans.
Australian Wildlife Conservancy UNtrED Tnthes Reportartd KnaTKkl Statements Forthe Year Ended 31° Oecember 2024 2. COSTS OF GENERATING FUNDS Notes 2024 2023 Payroll Employers Nl Pension 58,047 1,478 4,403 56,856 1,008 4,472 1,177 Payroll admin charges Training & Development Consultant 273 1,431 8,955 25,526 1,120 1,536 6,000 Event costs 12,529 Memberships Subscriptions Legal Independent Examination Insurance 810 1,208 1,001 1,530 311 261 Meetings Travel 449 228 1.653 2,005 Website 122 Office Expenses Postage Printing Telephone Computer 224 20 20 82 632 789 269 279 1,729 107,529 90,904 There was 1 full time employee in both 2024 and 2023. 3. COSTS OF CHARITABLE ACTIVITIES 2024 2023 Grant to Australian Wldlife Conservancy 386,171 155,105 386,171 155,105 The Grant is accrued monthly as a liability as soon as it is re[Ved as a donation or gift-aid.
Australian Wildlife Conservancy Trustees Report and Ftnantral Statements Forthe Year Ended 31" DeMtser 2024 4. GOVERNANCE COSTS 2024 2023 Companies House Fees 34 13 34 Governance Costs include those costs associated with meeting the constttutional and statutory requirements of the charty. 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other Debtors 1,218 85,722 Prepayments and Accrued Income 951 797 2,169 86,519 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Payroll 2,183 3,679 Consultancy 4,580 500 Grant 17,160 23,556 Independent Examination 1,530 Accruals 25,453 27,735 There were no related paty transactions for the year ended 31 December 2024.
Independent examinerfs report to tho trustees of Australian Wildlrfe Conservancy United Kingdom I report to the charity trustees on my examination of the accounts of Australian Wildlrfe Conservancy United Kingdom for the year ended 31 December 2024. Responsibilities and basls of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Yhe 2006 ACY). Having salisfied 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 examination of your chariws accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act.). In carying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) {b} of the 2011 Act. Basls of Independent Examinefs Report Our examination was Caled out in accordan with the General Directions given by the Charity Commission. An examination includes records kept by the charity and a comparison of the accounts with those records. It also includes consideration of any unusual ttems or disclosures in the accounts and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a Irue and fairf view arKJ the report is limited to those matters set in the statement below. Independent examlner's slatement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe: accounting CordS were not kept in respect of the Cornpany as required by Section 386 of the 2006 Act; or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. or 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 concems and have come across no other matters in connection with the examination to which attention should be drawn in this port in order to enable a proper understsnding of the accounts to be reached. Oury Clark Chartered Accountsnts Hershel House 58 Hershel Street Slough Berkshire SL1 1PG May 27, 2025 Date: Ck-owlg Signature: m4crp¥4tyJwè¥2w4fj11U-41-.