Registered number. c￿0407?5 Charity number.. 1127625 ACTAsi4 UNAUDITEO ACCOUNTS FOR TrIE YEAR ENoe0 31n2R024 Prepared By: Henley AcC￿nting se￿iCes Lkl Chart•red ACc￿JntaThts $4 ¢]ueen Street H•nl*y4)n-Thames Oxfordshire RG91AP 'AE8LLSAI4 A17 #1&) COMPANIES HOUSE ACTAsia FINANCIAL STATEMENTS FOR The YEAR ENDED 31112r2024 TRUSTEES Kwok Fung Lau Mayuri Lakhani Terence Ryan Kwok Fung Lau lapFKJinrat11 January 20221 Terence Ryan (appointed l j￿Uary 20221 REGISTERED OFFICE Union House 111 New Union Street Coventry CV1 2NT COMPANY NUMBER 06040775 CHARITY NUMBER 1127625 ACCOUMTANTS Henley Accounting Service5 Ltd Chartered Accountants 54 Queen Street Henley-on-Thames Oxlordshire RG9 1AP ACTASI ACCOUNTS FOR THE YEAR ENOED 31n2Q024 CONTENTS Page Report ofthe Trustees IndepeThJent Exarninerfs Statement Attountanfs Report Statement ol Finanual Activrti•s 10 Balance Sheet 12 Notes to the Accounts 13to16 Detailed Statement of Fironckil Acb'vilies 15 page 2 ACTAsia FOR THE YEAR EhlDED 31n2r2024 TRUSTEES. REPORT THE TRUSTEES PRESENT THEIR REPORT AND ACCOVNTS FOR THE YEAR eNOED J10ECEM8ER 2024 Structu￿. Govemanace and Management GOVERNING DOCUMENT The charity is controlled by the goveming documen( the M8mcrfandum and Artic4es d A5sKiatw and c￿stituteS a hmited company. limited by guarantee. as delined by the Cuiiiydiies Ad 2C*J6. RISK MANAGEMENT Tha Trustees idèniity ènd ￿VIeW the risks to wh￿h the charity 15 expjsed and ensure that c¥)ntrd5 are in ￿0¢e to provide appropriat8 and reasonable assurance 89air6t fraud and errrm. ACTAsia through an external accountsnl quartety ir￿Orne aFkl eX￿lti1￿ accounts and balw sheets. BOARD MEMBERS Kwok Fung Lau Ichairrnanl Terenc8 Ryan Mayuri Lakhani_ ACTAsl• FOR THE YEAR ENDEO 31n212024 TRUSTEES. REPORT 08JecTwes ANO ACTIVITIES ACTAsia promotes humane behaviour towwds humans, anirnaLs environmenL by.. . Provrdiwj educational prograrnmes for sthrKAs. unNws1t￿S coffffiun1￿S re￿nt to hurnans. animals and the anvironfflen¢ to encourage wnciFAes of ¢xJrnpassion and empathy. and ￿spect. anin￿l senlIer￿ arnd civic WK￿$1￿11ty. . ProvidiryJ appropriate ca￿. protectw. treatmenl and serajrity for aThmals whKh a￿ in need ol care ana attentiuri. by reason OF 5ickn855, rnallreatment, poor circumstances or ill usage. . Educating the pU￿1C on matters pertaining to ￿rnan. animal and enmronmentsl we￿a￿ induding the yevention ol cruelty and suffering arrong animals. . Providing &YMce. assistance. tr￿niThJ and suprmrt lo rnernbe￿ of the public andlor organisations who require such advte, assistance, training an¢J support. in cwnection %%ith human, animal and environmental wellare andlor cruelty issuas. . Undertaking ￿SearCh Into matters ￿rtal￿Trj to human. animal and enwronmentsl wdfare. ACTAsrd helps people learn to care ft)r all Ire at a time when glc4)al FowdatKfftS are and our planet faces rts tt)u9hest challenges to date The Trustees have ￿ferred to the guidance contained in the CharTty Commissions. general guiilance on public benefit. when revIe￿ng the charity's aims and objectiV85 and in planniThJ rts programme xtivit￿. The Trustees ar8 satlsfied that ACTAsia •n5ur•s rts is in the publK benefit. Activites All our charitable actNities ￿ delivered Ihrough cwjr Caring for Lile ICFLI wcxJrammes. and are descriw below together with the ben8fiaari85 of each programme". Caring for Life Education for Children.. ACTAsia's Caring fw Life ICFLI for Chiklren educaf*Jn programrne aims to help knan Children..a￿ bets￿en 6 and 12 yea ok1. to develop a sense of cornpa5siC￿ and resFrf>n￿￿llty for animals. people and the environment. Tau9ht over Sx y•ars and basad on UNESCO'S Four Pillars of Educab"cffi. the curriculum encompasses social welfare aThJ obzenship. animal welfare and environmental issues. The (x)ur5e teaches children that all liwng thin￿ are inter¢Jepend8nt and that ihe concept of One Hèalth only cornes from caring for all. Our CFL child￿n.$ edu￿tIOn programme has alre￿ been taught to over 1(Y),000 child￿n across China wtrK) ale learnin9 to challenge estsbltshed ideas and to take respongbilty lor the worftl in which they live. The curriculum has also been translat￿1 and FKomot8d in Pakjslan Gre￿. Caring fof Life Edu¢atK)n for Corwrners.. ACTAsia's w￿k focuses on Tal￿n9 awareness surr¢)unding expl¢ytslKm of animals. people and the environnEnt in prtsjuetion methods for consumer related items. espeoaly of anirnal-based aThY pl8#￿ prcM1ucts. such as meat. fur or plast￿ botdes. ACTAso hKJhlvJhts the darnaging impact ol ￿rtain m?thods aThJ offers su93estions for allernative, more cornpa59ionat8 choicas 30 that consumers can ¢onsid•i the origin ol their purthase aThJ Il Ihat purchase is ne￿$sary. ACTAsia hosts an Intematicmal Sustainable Fur Free Festival in major c￿￿Se cths with rerKvwned international spèakets who d15CU55 the ethical issues behind fur woduction, Ihe envircfftmental impact an¢ the impcwtsnce of suslainatme fashion. ACTAsia also w(vks with busi￿SseS that provide rn0￿ sustainable pr£vJucts lo consury*r5. Thi5 educatiL￿ is essential as infom)akn surrounding Ihts true impacl and suffering behind many day-to-day cons(Nner gcmyjs in Asia isnl readify availatAe. Wilhout ACTA5kg's piweerirva work. pèoplè simply woutdnl kThxv the tryth behind th8 adv•rt5 and projucts in ttws of mass eonsumèri5m. pagtr 4 ACTAsia FOR THE YEAR ENDED 31M2f2024 TRUSTEES. REPORT ¢4ring for Life Edu¢aiion lof ProfesS￿nal$". ACTAsia offers training and profes&onal devehJpm8nt to the n*Jst Infiu?nts"al members, induding veterinarians, lawyers, doctors, officials and journalists. By doiTrJ thB. hese influential professionals can make informed decisions in their th. lead by example and e¢Jucat* and influènce many m¢x8 professionals. By usirvJ thèse rnets￿rks of profe&%iona15. w* can 5pr•ad our message of compassion and kindness fvrther afiekl effeLlivdy. I thrte educab.on progfammes are complirnented by Ihe Instslute of Carirg for Life Academic Research and E¢ucation liCAREI which provKles an academic platform for ACTAsia's educatvn pro9rammes and ￿searCh projects. in cdlaboralion wth international univeryties and industry. ICARE Supp￿ts a One Heatth approach, whereby muthple sector5 cornmunicale and work togethèr to achieve b8tter pU￿1C health wtccmes by recogntsing thal all lorms of life are Interrelated and interdependent. iCARe pro¢Suces wtal Information and teathing materials which prornote compassion ernpathy through academic studies and certified training courses for prtsfes*tsnals aThJ SbJdeMs in h￿her edUcat￿n e.g.. tead*rs, veterinarians and soeial workers. As a result, ICARE is an excellent slaitiNJ point frjr disc￿$S1on and review ol gO%tmft￿nl polties celatiThJ lo human and animal welfare. environmental protection and Lwhaviour thangg. ACHIEVEMENTS AND peRFORMANCES Key highlights 012024 for ACTA5ia a￿ hi9hl¥Jhted belw.. CFL Education for Cly"l(Jr8n'. * Pioneer ￿h(y)IS in China ￿main Ihe focus ts ACTAga's CFL lor chldren edu¢2kn"cx) programme. In the aftemath of COVID, teacher5 and acade￿1¢ achievements have been priLYiii5ed. meaning that tim8 for addThonal curriculum Content has been squeezed However. we are proud t9 Share Ihat our Pioreer nefvk remain5 slron9 arbd ha5 grown by 1 schThY. giving a totAI of 10 5choo15 leaching compa$s￿n. empathy. aThJ resrM)nsibility. . A total o1136.OCIJ children have now been taught since the in￿p￿"¢￿ of the CFL eduCat￿n for chikjren programme. . CFL'S Earth Oay saw an incxeditrle resp¢)Ise. wlh 155.259 chikI￿n ityning a 'Ze(O-Wasle' themed event. fvom kiTrlergarten to middle school. From this number 102.418 were chil¢Jren trom rural aws. In totsl snce 2012. ACTAsia has re&hed in the region gf 261.￿0 rur* ¢￿'ldren. Our CFL Earth day Pf￿ramMe 105ter5 8nvirnnTr*ntal awdf8ne55 and animal protection and empowers the next generatioi lo invesl ￿tivelY in the well￿1Th3 ol our plangl. . On ChikI￿n.$ Day11st Junel children from Phxeer and Pibt sch￿1$ were gwen a book recc￿￿1rQ lo enjoy aboul a child with learning diffiojlties. The story was used lo resnloTce arwj ignile empathy respect ft)r 01he￿. The recording was shared on social media reaching 11.(M]O impressth)ns. • Evaluaknon of the CFL prograrnme wntinues. covering data colledion from 600 sttjdents. GNen 2024 was the finol y￿r ol the 3-year longiudinal study, papers and resulis of the study are due at the eTrJ of 2025_ p￿e5 ACTAsla FOR THE YEAR ENDED 31112r2024 TRUSTeES' REPORT CFL Educalion ts Cwsumers= . 2024 has been a successful year ft)r the consumer p￿43r8mme arwj ieam. Th6 China Fur Trade industry reFN)rt update for 2022-2023. has been finalised. This research brings the inclustry data to dale ￿th the cur￿n1 state ol fur Consumption in China. In addition. a resÈarch paper commissic¥)ed by ACTAsa. examined the dama9ing impact of lur farnyn9 10 On8 H9alth and wa.s published by the rèsearch driven joumal Ftontiets in Anirnal Soence. This first in-depth review on fur farrniry. commissioned by ACTAsia. highlights the significant threal to human. animal and en*Aronmental h¥allh. Research led papers are vital to support ACTAsia's message about Ihe very real dangers of fur farmiry. . The 101h annual Intemational Fur Free Sustainable Fash￿ Fests"val inc1￿1￿d Forum$ and one fash￿ show. ACTAsia was represented at official Fashion Weeks in Shenzhen and Shanghai. Tolal gxial m&Yia inpressiC￿$ lor the festtval reached in the re9ion of 14 rrrillion impressions. The Fashion Fonjm is a cdl tha￿, n the fate of cruemy, waste and pOllut￿n resultiThJ from the fashion industry. To add to this Suc￿55. Nvdve brands joined the Fur F￿ Retailer IFFRI stheme in China, de￿￿trab.ng their commitment to fur free and offering the publtc altemative compass•Jnate c*oths when se￿Ctir￿j purchases. To date. a total of 103 braTras ar now comrnitt8d to th8 FFR in C1￿.￿a. . ACTAsia's Compas5KThte Choi￿$ Netwo￿ made up of 9 cwntrie5 arKI 10 organisations, d8liv襕d rts third anrnual Plant Forwaid campaigrn. This was a huge Feat and a success. ACTAsia's ￿$lL￿) for a plant-bas•d reV￿utIOn across Asia growing In popularity each year. A total of 35 events saw over 169.OCQ cffjline views. in S larouages (English. Chinese. Kmn. Indonesrdn and Japanesel. A new leabJre ol the PLani Fo￿ard campaign was the or￿Ine Plant Foward Bingo with ftyJr countries tsking part. This campaign reached 14.5 million people in 2023 aThl in 2024 this number In￿ased 9.4 times to 118.6 million people ACTAsia is thrIl￿d to share the growth and succes5 of Plant F¢)Ivard 2024. CFL Eduealitin for Profess￿al$.. For scho￿ T•ach&rs'. . Teacher training coniinues to inspire and SUPFM)rt the leacthing profession. This year Earth Day training for teachers was livèstreamed and rèached 3.697 ￿a¢￿e(S ￿paring them for the for Earth Day athib.es prO￿d&1 by ACTAsia. In additiorn. 129 teachers were trained lo deliver the Caring lor Lrfe CurritrJlLtm in full. inrAudiry 80 teather5 at Suzhw Unive￿Ity of Science and Technc4ogy. with th• *credited CFL teathr trainirg cwrse. This bring5 tha numb•rol taachern trainet1 in China since 2012 to talof 11,151. For V8t8rinarian5'. . Vets for Char#Jt project wacon￿d three new Irainern jwiiThJ th• n•Mt*rk tthJglb>Jt the Jear. briThJing Ehe klal numter ol trainers in China lo 31. Each trainer jc¥ns ¥￿Untary acti￿￿e$ in Iheir communthès to teach and share best practices ol animal wellare lor their patients. The ne￿Ork was fortunate io have t¥vo ConbnuiThJ ProfessioiJ Oeveloprnent events delivered by Dr Siraya Chunakarnrai (Prwious WSAVA P￿tIen1} and Or Jim Berry. currènt Prn*dent ofWSAVA . The events Ic*)Jsed on leadership arsd pain management respectively. with the training reaching 158 vetennarians. . In August the WSAVA congre55 was allènd8d by ACTA&a and Vèts tor ch￿ge trainers, wlpr• our collaLK)rat¥Jn of 15 ￿ar$ ol suwessful veterinary trainirg was celebraled. For Higher EsJucation'. . The Chinese version of ACTAsia'5 onli￿ c￿￿r$8, Compassi¢M in Fa5hi)n." sustainatx.lity and Ihe Global Fur Trade, ha5 baen exported to a Chinese application talled XEY. Thks is accessit4e in China lor averyonè, thus helping to rèmovè pravious issuès 8SSOClated with barrièts of fl￿Wall to access. It is exoting to see an Infftase in our targei audience of Chinese fashion students and prof•5sionals. In 2024. enr￿MentS In¢￿ased by 25% and a total of 95 countries gbbalty We￿ rexhed . The course pn)vKle5 12 guided learning hours. being avai&ble In both English and Chin85•. page 6 ACTAsia FOR THE YEAR ENOEO 31n2r2024 TRUSTEES. REPORT .'CARE- the CFL actr•di1￿ course was taugm for the Ihird yearat Suzhtrj Univeryty of Sryerre arKI Techndogy. A tot81 of 83 3tudents who will be future schoott¢athr5. enrdlgd M Ihe FINANCIAL REVIEW In keeping with the Charili8s Commission gu￿anCe on rese￿￿￿. eoard ol AcT￿a has a Wiry to hnirl iJnre5trided ros¢rve$ in order to ensuw Ihe contsnued ￿¥￿118$ of the o)mpany in times of reduced incyjne. ACTAsia FOR THE YEAR ENDED 31112r2024 TRUSTEES. REPORT STATEMENT OF TRUSTEES RESPONSIBILMES The Trusto9$ (who ar8 atso diredors ofACTAsia for Ihe company lawl ar¢ responsibb Ic¥ prèpari￿ thg Twstees. Annual Report and the financial siawments in accotdance wrth appliCa￿e law arml UK GAAP. Cornpany law requir85 the Trustèes 10 prepare financial s￿lem￿ts fLY each financ￿1 year which give a tN8 and fair wew ofthg stsle of affairs ol the charIlab￿ cofflpany and of the inc¢)ming reswrces and applKatKffi of resources, indUd￿9 the income and •xpènditurt, ol the charitable CL¥npany forthat per￿. In kxeparing these financial statements, tt)e Trustees a￿ requi￿￿ to.. - Select suitable accounb.ng pdiaes anij then apply them rx)nsistenty - Observe the methods and principles in the Charities SORP.. - Make judgemenls and estymaies that are reawable and prudent; - State whether applicable UK Accounting Standards have been Idknwed.. subject lo any material depwbjres disc105￿ and ?xplained in th¢ financial statem8n15; and - Prepa￿ the finanaal slatement5 ￿ th8 ￿￿ng concem basis unless it 15 app¥oFrfiate to presume that ihe tharitable company will ¢onts'nu8 in operation The Truslee5 are responsible for k•eping proper accwntiry r8¢0￿$ whK* th'scbse with reasonat4e accuracy at any time the nancial p05ibon of the charitable company and which •nable them to ensure that Ihe finanual slat8m8nts comply with th8 Companies Act 2006. They a￿ reSp(￿ible for safeguardiro the assets ol the tharitat4e ￿MpanY and hence for taking r&asonabl8 steps for the prevention and deteaion ol traL￿ and other i￿￿gU￿rities. port was prepared in aCt￿danCe speoal ￿￿0VI￿)n$ ￿1h1n Part 15 of Ihe c(￿npanieS 2006. This report was approved by Ihe Board ol Trustses on 2025. Trustee.. - *)fv4 Lsfv ACTAsla INOEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDe0 3111212024 INDEPENOENT EKAMINER'S REPORT TO THE TRUSTEES OF ACTASIA l ￿port on the accounts of the ¢ornpany for the year en(Jed 3111212024 . RESPECTIVE RESPONSIBILITES OF TRUSTEES AND EXAMINER Thè trustees (who a￿ also the direuors ol the c¢)mpany the purtKJses of crmpany Lawl are responsible for th8 preparation ol the ac(x>unts. Tha truslaes consider that an audit is Thot reqUI￿rf ts ihis year under section 144121 of the Charitses Act 2011 Ithe 2011 Act) and that an independent exarninatkjn is nee¢ed. i am qualifiB¢J io undertake the emaminatitin by being 3 qlialifiad member of Insliiute of Chartered Ar£ountants in England & Walès . Having satssfied mysellthat the charity Is not subjecl lo an audit under company law and is eligi￿* for independenr examinaion. It Is my responsibility to.. examine the accounts ur¥Jer section 145 of Iht 2011 Act- the prLudures laid In the general OireclN)ns given by the Ch8rity co￿15$1￿ under Setti(￿ 145lSllbl of Ihe 2011 Act." and sts¢e whether p8￿cUlar matters have come to my attenlKJn. BASIS OF INOEPeNOENT EXAMINeRS STATEMENT My examination was carried ovl in auordance with ge￿ra1 Directions gw•n by the Charity Commission. An examinats.on includes a review ol ts accounting records kept by Ihe tharity a comparison of the a(￿Unts presented with those rècords. It also indudes consideration of any unusual items or disdosures In Ihe aCco￿ts. and seeking explanathor6 from you as trustees ccfficerning any suth matters. The procedures Ljndertaken do not pn¥ide all the evi