Foundation for the Parks and Roserves of Ciite d'fvoire IFPRCI-UK) Tn*tws r•port and ffnancial slatonb•nts •ALKRIF53' 3010912024 COMPANIES HOUSE A31
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Foundatlon for the Parks and R•servM of Cote rflvolr• (FPRClK) Pag• Ststsm•niqf In•nd•l acllvlth Bal•n¢• sh••1 11 12 13-24
Foundatlon for the Parks and R•8erva of Cote (fivolrn (FPRCHIK) {A MMPY Ilnthd by gu•r4nt••) R•fernnce and admlnlstratlve d*H• of Charlty, Its flnandal advlsern for the y•ar ended 31 December 2023 8 N'C)wni ICl•Mrnm) sJPCl A L4'iTr b.rgor VN'Otstha 1137&76 EC4R 18E 1501. Aven McGill Cd 2 C¢ynpknx• DeYigrthnsTrE. k)ntr (Qth) Cwwja tr8 ICI Audllw 7¢ Regi5 45 Wi•n St LcrfKkn EC4R $4N Solkltorn EC4R 1BE P•g•11
Foundatlon for th• Parks and Reservu of Cote d'lvolrn (FPRCI-UK) IA ¢omp•ny lknlted by gu•raRts• Tnteas' Annual Report For th• y•ar •ndod 31 Decwnb8r 2023 gtyj dOV¢lopiiert d n8tional paths 5•rVaS kn IM Rwtth Lrf Cgts tt1, to knmirvJ 4TKI tho ReWbIofecthd,1r ¢•nt ¥Mklrvd pg11¢1•• Grwt m8ing truses. ts(¥ Jpar2023. tharity h08 made 8 grydrt ofc 1.0852W2 lo Toi NthAI Patk, ft¥ the rwrw ¢(( a grant 016 825.517 fi)r berft ofthe cCé N8br¥nal Pork. a gr8rt of 11 The priority 01 tho natior•l parts th8 FPRCI hgs furbJFd And the aw4tsd manag?ment easts. Tho FPRCI sdgLts fv 8ctrAe5 atsj exp1thS of th8 parks that tt 15 p¥8p8r•d to fvnd In xeordane• r18 oflht nabonal p¥ .Th FPRCVS ann1 a¢XW wcqr8m IPAAI ya tr suth prc9r8m. The grant Charty b) FPRCI in resF4d of anrnwl athity Wtr3rwn fflt liTrthd to the m&xknurn of the 5Lm not rjmrnd by FPRCI'6 tr•m or from oty dork #t tr th• Bt*rd of Tnx1i• oftho IB rn>JvirYd to m•ke • Publle bwefft Its In¥e3trnent COrnrne. NT)OU&4 t•loro swrfiryd to (I"rtora Pag•12
Foundatlon for tho PaS and R•serves of Coto rflvolrn (FPRCI-UK) IA conwny IlmA•d by gu•rnni••) TfUStaes' Annual Report For the year ended 31 December 2023 1: Boorf of DI pts &•ity rE&yls as of Xl. 21)23 on DK4wnLr 31, 2023 oftho kngny. Mrffit SarWI TT Pth •5 to it th• OIPK 2.. Tho 808rd of Dire¢10 adwts tr 2024 Azwy. Cc4Dr4 14kntSwgté aTrJ Tal N&¥onel Part8 thgt w¢r• pr¢s¢ntsd * tt by ¢JPR 8A>J dx¥Je5 to grant th• •Thnts ts th9 rnon•gem•nt ofts8• n8bon•l . Wy N4tytyko1 Patr. 1KI.05g.1 CFA fr . Natiwd PAtk. 492.(m.CIXl CFA . Sangbé Ngtywol P•rt' X.W7,th) CFA hrK• . TaT Plc 5W.OCQ.(IXI CFA frar 3.. Tho 8o8rd of trBth wJ¢)pts ts FPRCWK iThswrt r4r•)rt as ¢f Q¢1¢4w 31. 2023 . DwectorVhJéth NEMBELESSINkSILU& Chm . frtGtor Mat1rn COFFK8TUDER . Thredor kné BOURGOIN. nwbw. finon¢irKJ for nertwndm. In #tsl. ts aMfit mth"lttl Mi XJ23 1$ 70.64 mklwm wYr4 Khthig e8.14 milkft trurrA for Ihe ernlt7rnntfurnl. Thet1 matn ¢J2ncfi gr Fra arnl Gemwy. It. In adrfthn, (¥osM8ctional crrtaIneXp8s8S ofts obw wrk6. vrti abov&avernge perfe4martt. ofth8 TaTN8tiMg1 Park. ts ath09 SLoaul&l for fing Irthn crtain perlners couhj not be cara to offvrKliTrJ. Tro Soukn-Vsizty* 8daptrely allc¢af8 avalabkn fvnding k) key part rnarw ac1tio& to suggB6tto ts OIPR to defino wonty in of Page13
Foundafjon for tho Parks and Reservw of Cote rflvolrn (FPRCWK) IA cOmnY Ilffll•d by gu•rnnt••) Trusts. Annual Raport For th• y•ar endod 31 D•c•mb•r 2023 Ftythv 2024 finwc¥l swr. pwb¢4A#r•mphB8iB be tsmdxfog ft¥M¥, mryabwth? w of up. Charity Cthnmlsskn 7 S8Ktsmiw201Q Tl rwJi5kn1 ci• rnnLwi5 11378X The Mln18tor kn chwge ol n8lAind pks rnS¥O5 i) caij th? Minkntsr Offfinar of Cthe d1vtyrn ¥001n cm dNeetor•ath. rnapp)int•d Uptotwo aOStsnal n$ olthr•e Jwr $ Pwcs at RvseNès (ts Colv fFPRCI?. a Mt fw stablisld Cots dl¥oirB. pursuant Th¢ App•kntsnent•t y88 P•ll¢le• •do (•rth• wluctloR ollJwtM• Th? memters oltr 8c4rd offhrnEt(¥5 ha¥8•xtWl1P •JP8rwKa rn tsrfbJ of •xpgtfj¥T*II •¥tr• m•uom9nt F8nrti. Pa9e14
Foundatlon for the Parks and Ruerves of Cote rtlvolrn (FPRCHIIQ IA compffji Ilmlted by guarnnt••) Trustees. Annual Report For Ihe year ended 31 December2023 R•l•tod p•rty r•l•Yofflthl Pwcs et Rtser4w de Cots d'54". a oltr Cloity. and ffinow oftr Chty. wi•fed that$ •vJ wtxJreJ l) mitvjale expc6ur• tt> th9 Ch&rty'J p(thIio 15 uThIertn CaFOal. I1 nwropwl. A fYwKial •knerwAS rnt4uited ts ?Se8 Page15
Trustees. Annual Report For the year Ondod 31 Docember 2023 arn requlred to.. melP<1s winoE40s in the Chwb•s SORP {FR5 1Tr2k slate UK AoyJL¥thThJ Stathr¢s t4kyA•d. dupa dix4(wl ond fflnanc¥ #A11¥.. In 80 lar4J the IrpJBes 4reawa The trustee3 are p¢ItIe fytt maknAr<• ard inbJrty oftt Dypy •bY Infofftth) indLN19d on thg ¢hathJblo tr)rnpany s Tbste. Le9£b in thg UniiJ thg k¥8)n and disstffjination of Au4ttov• Amual Gartar Meékng. Charfuw. 4Th1 kn ardr ilh the srttAa 01 Port 15 rj lh• kt 2fTh d•tirg to smallw N'Gob FNy BarrArd KDOUMI Pyis
Foundatlon for tho Park8 and Reserves of Cot• rflvolre (FPRCWK) (A ¢ompw Ilmltad by gu•r•nt•e) Indopgndmt audttorn roport for tho year Ond 31 Docemb8r 2023 Oplnlon hm audlted ffmndal Stffl0 ol FrIt for thè Parts R•wN•s of Cets (nvoim IFPRCIiIIQ Ith# Stsndaffjs. 102 Tr Firwrid Repytty &arthrd in tm UK 8nd for requrrnmènts tlwt • Trkvant to our ot StstW in ts UK In¢knlNJ ts FRC'# Ett>21 StsrthTrl In auditr¥ statsmerts. c•yKll1Its trt0•5' 44¥001tr gtxry Jnc ofaco)urfir¥J in Ihat indM(tswty or m•y ( wf<•nt ¢ThnponYs thlty to ntinE u o gn9 In Gvrwton our audi¢ofts 8t4wnerts. 15 lo rvad irrfixmybon an¢ in dcqffj 80. in thg audtt or be mno1ty missiJknY. 11 We suth mri81 irK(r4i%tsr>x or appgr¢nt fflateriAI m$8tarnerts. ar8 WLired ID there k g maiorwl mis8tBtBrnerrt in tho finwcigl them Is a otrr•ifcrfmabon. wewe rvwTrJ b) rwrylblatf•X PaNe17
Foundatlon for the pa and R•s•rv•s of Cote rflvolr• (FPRCI-UK) IA company Ilnthd ty guarantso) Indopend•nt audltor8 report for th• year end•d 31 2023 - contlnuad I)p1th • pr••crtbed ty th• C¢Mpwth8 Aet XK• In ourop(nlcffl. tthed on in tr rAXYS• oftt In light of arkl unLtlI¥j oftr dwik4• uryayry #••rfyor•nwrt cèl•o1•6 kn th• o)ur¥• DI U11 to prepare estrok Il•Bpornltsllll• of tyuslpeo for bBing 8ats'gfj&Y that gtb a Irw a1 l"rvixT. arnl for¥th #rt•m31 w*DI as ts 11¥ dotemkn¥ t8 ne¢ws8ry Pago18
Foundatlon for tho Parks and Resèrves of Cots d'lvolrn (FPRC141K) (A Gomp•ny Ilmlt•d by gu•r•nt••) Indepondantaudltorn rnport for the year ended 31 Doeembor 2023 - contlnuad m8tsMI misstsknmort thtthw fr1 or k> wJW8 Iht Inch&198 ow wni ISIS (UK) will alwa>3 datecl a mfi8F •xists. can frBLKI oreThor 8TrJ are Iu ra +ath"led tdcAY. Becaw ol Iho Inlthnt Ibnttal•)M of an tr1 wdl r)t dèha 91 irr•gukrfth, Induthng Iho8e more tho1 ¢>jTWion wdll a Iw ( regUtalK is n¢%l frryn a1 trerBKc rfeLd in Ihg finarK¥81 Audito "bilit*rLwJrtlDeScn de¥M10n t•rtofw r | 9
Foundallon for the Pa and Reserves of C6te Ifivolre (FPRCI4IK) (A comp•ny lknknd by guar•nt••l Independent audltorn report for the yr ended 31 December 2023 - Conllnued Thts fvpryt fiB maje sdely to dlIL a8 a W. in Chgptsr 3 01 Part 16 of meffthrs are slats to Ihun th an ff8wt olmr PLYPJ. To th8 tull Ftf and on LhalfolA201•4KIt Sw &Elu10ry AlIor 45 lfjng IAfilliwn St 30 September 2024 Paga 110
Foundallon for tho Parks and Rewves of Cote rffvolrn (FPRCW (A ¢omp•ny Ilmlled ty gu•r•rt••) Statements of Ilnanclal actjvltles (Includhw lrtiffie and •xpendllure) For the year ended 31 December 2023 Totsl Fd5 Fyhd 202> v0ltsry hK¥)m• 70W.184 37.383 70.3XI.$07 718.318 718,348 36,788 .7T0 Th2•3.1 75S.TJ1 71.W916 E¥p•ndlturn 112.010 112,010 130.$92 Grants In offvrt•il (ièLlh¥es 1153.011 5.153.011 2.737,449 1(YJ.292 Toiil•xpendltsff• 479m) I2.011 2,974,333 10 281.749 211.749 (514,1331 Nol INcom• rt•xp•ndkn•) 6WIM 218.n1 16.1743 12,950.9081 Othv rneo•nl8•d plnglllotl." 10 1.Oa768 1.022.788 {4.037.5701 N•t fflov•hwnt frflh• y•r m,n1 •4701A21 {Q988A781 T401 nd4 at 1 JarnMry2023 21.8W. 8.1Tr3,917 29.W.tyJ4 36,969.3ff2 Tolal funds 01 31 0mb•r20?3 13 305 29,980.904 in lty t4en Pagfr111
Foundatlon for th• Parks and Reserv of C6t• d'lvolr• (FPRCkUK) (A Ilmlt•d by gu¥anl••> Balance sh••t (Company numb•r. 07057365) 2022 10 5T234.573 28..45• Curi•nt au•ts Cash DebtorB 31,954. 49.428 7.587.522 11 10 ,1&3 .571A44 1.157m4 wllhin or Jwar 12 (124.(21 (74.6191 39.447.752 1.1)82.HS Ch811ty fundty EN10wftntlund 13 13 88.>)5.67T 8.378,848 21,880,987 8.099.917 .2.3 AOUT 2024 PJ8112
Foundatlon for the PafkB and R•8erves of Cthe d'lvth (FPRCWK) CASHFLOW STATEIIENT FOR THE YEAR ENDED 31 OECEMBEi 2023 16 691.OP1 14641.3 {41.594.039) 398.781 14.$30,2 111593.0391 2836 Ctronge in c•Jh ard cash 4Q2.141 {507.756) 1.12027T 1,621.033 31A2141• 10 10 7,567.522 31.954.898 668,187 461090 Cash thd ¥Ath $tod[l P*J•113
Foundation for th• Parks and R•w¥es ol Cot• rtlvolf• IFPRCI-UK) (A rnPanY llmll•d ty yiaiMts•) lfjrsdoftl In the 8¥grrt orftho &•nty wowKI th81(• rpspo# guar•ts• to 10 GBP w mmhr rf Ihe dmrity. &thJJa58 01 th# B3¢ed ¢ffKa gr in tha tharity irrforThtK>n QTh oulon pagg 2. bl •9b1• ift Ih UK afyj <1 IrBlvKI IF 102J 16 JLy X114, th• FIMnc4al ReF¥yb"rYd C•np8niBsA¢l2lKl38r¢l UK Pr•¢Sc• •• •KWo8 ftryh 1 J¥w•ry 2017. dl Golng cor• ¢¥FeThlitur¢ o lor ** 1¢ b¢ th to as a gc•r¥ r ftors. Ir¢[ling of luturv •fftl& th•1 ar& td4vJ *) be rnasorobkn uTrJ•r Pag•114
Foundalion for the Parks and RoTv•S of C6ts rflvolre (FPRC141K) IA rymp•ny limllvd by qu•Trnl••) asu rnlabty. thich x aTr of o)st bon by tr d¢4 B c£41 B qu¥ntffiobte gnd Eyndlkn• $¥g0rt of ¢xp¢nditwe an obp¢ts of • th•rity inLwJe mantyernnt canwl at Grants rfpayabb are chapJod in Ihe yèar wP¢n off¥ is rrndg •x¢ept Ilwe ¢J¥es T•htrrn lh off•r is sh grarts mctrfJNsJ 45 tr• attxhing aTg fvffile(l. Grarhts hl Fovo19n ¢urr•n¢l•• Tr•n¢oM inforBvJn tt th rthg Page115
Foundation lor the Parks and Re8Oms of Cots rflvoire {FPRCI4IK) (A ¢ompany limlt•d by guvwth•) Categ cx•wJ iy cl 3 11 Ta¥ 2010 or Soca)n 256 of the TaxaliDft of pu r•bty. C•8h •t bafikand In h•nd Cndllorn Ind pyovknlon Cf8ditors orhl pr10 ar• wP¥• Udwrity Iw O ot&9kn ¥ mlevent IIHI wll prDbabty rgsult in Ihe trEn6lar fo a Ilwd p and 8rMwit to y)atim ¢•n b• IT1•0 u D¥b"matBd TOli•W. Cr•¢Storn w• rnLyo•d at thr Totsl Totstl Fund¥ 2022 Fund ZJ 2023 37A83 702911 7Q293.184 7D.2$3.184 37.383 70.330.587 Page116
Foundallon for the Parks and RMerve• of C6t• rflvolrn (FPRC141K) (A rompaThy Ilmlt•d ty guarnntae) T•ll Fund• Totsl Fynd• 2022 Fw¥l 718.348 Ral•lng Fund• Tol¥l FwAd Fw¥l• 112.010 111010 1XIM2 Tolal T•t•l Fuhdb 2022 F 123 Colo IFPRQI 153.011 4163.011 2.rJ7h49 Tol•l Tot•1 Fw 2023 X122 21.758 15.G25 21.758 15.825 24.288 12.500 6.213 14511 irtere* tses (6.649) 16,849) 140 1062•2 Pa90117
Foundation for tho Parks and Rw•rws of C6t• rflvoir• (FPRc1K) (A company Ilmii•d ty gUArantso1 ** Totsl Fund• Grnnls ffjprtyd 5.1S3.011 112,010 2.737,449 1X,$92 1(*,292 T(rt•l •wp•rKltyre 46J1011 I4#3) (ryny. la)22 fnll. -lY Auditfwp 15,825 21,758 12.600 Pagel 18
Foundatlon for tho Parks and Re••Th of Ctrto rtlvolre (FPRC141K) (A ¢0MnY lrnlt•d by Totsl l1¥11U• At 1 January a)rJ 28,rao.2T2 41A94.039 -17.351.W8 1.284.517 7.567.522 2,589,859 219.fj07 DpoB CgBh talartt0• •t31 rknrtr2(Q3 Fund5 gainedl {wèal 57234.5n 7.7,622 $2.197.745 Thg fwth bthi¢• dQ.589.859 P022.. 01Q..814) is a bAlthx of IntM ger frorn ts porfolio. less bthn9 trjl •th•rryth cah bthr** Ihsven Valuo at 31 •fkntal % 23 FIEILA GL(W EQUITY FUND. CLASS C FEKA GLTSEc CLASSA 22.897.483 21.7%.046 35.3% 33.6% Ptyè119
Foundation for the Parks and Rwrves of Cote (fivolre IFPRC1411Q ¢ompany Ilmltod ty guarant•o1 11. 124m2 74 Pag•120
Foundation for tho Parks and Res•rv•s of C6t• rffvoir• (FPRC141K) IA ¢ompny limlt•d by gu•r4nlwl fvTrd• rrfed 331IM>J 23.W.S (Kl7911 22.41474 ZAAV Sw•bé t*4.11n 8.180,704 1m.741 113•7.440) 2.01&605 244,S$1 9243 SA99.953 S.489,9S3 4..•53 4.900.9$3 489,053 5.499.853 15.OJOX 1S.OOD,Ots) 70293.104 (SIS11) 1284>17 s.•Jo) 2192n 894 S,SQf. 1J1720B 211245 {110.1041 104,W) T•kS•po 1107.175) r2.9061 369.434 1578 39,954 urrt 82) (715) (714 0251 Q.025) 755.731 (479. 8,370, P•g• | 21
Foundallon for th¢ Park• and R•••m8 of Cal• (nYoir• (FPRC141K) (A comp•ny Ilmlt•d by 8uarnnt) For•Yd T8T N¥tior•l P•k 6.LVI705 11.353.W) 11.317IK I33130 aroSA88 (752.1W 11.119.¥XJ51 153A57 Park$tr•¢¢I 10220.838 (655XII 11.383.wei .181m2
ctount
4874914 10.971 11243) (714J17) {18.55ei 1978.598 235.2a) 29.1N 1743rnI 14551.71Y¥ 21.880.gWI T•1 Nobrtsl 4397227 134.543 5.461903 1244fi19 la {51.375} 1.317209 155.676 (60,379) 897,963 T8&pO corr •¢fit 313.911 15.34n 79.4TJ 7.113 (15.3161 13,9161 378.r 12.1801 38.n8 P6.7881 7.793. 537.358 1230NII .099,917 SJTW (W4J3¥ {Wi,70JI OW4 Taf NadLmai P8fK 8¢IM¢¢Urt. a grii lorlha •xtIU th8 r1ra Logts of m•n•rvJ ts Tai Naknal P•k. a wolthl area pi tt rA Cots rflvo¢r• ItrAt w4$ dedar•J as • Natn P•rt kn 1972 •r¥l ded0181 • USCo I¥08 Sme in 19B2. The fLYrfI lj ba in¥eBtal in Comoa NatbJnal Parft thrAUrt Thi&waJ a glIOr ts axdLly offinanckvj th• recurring c05ta ofmanaging tm co4 Nati1 PWK a woL¢d 8Tra in of rflvthrg thr8d a Natknal Pafrt in 1W2 d8d•¥ •s • UNESCO Vl)tsY sti•. Tr fur#1 Vjill be in4wtsd PWFknty. aThY its rfor. dibith afvJ b• trarsfermd pwr tos Par($ ot P40122
Foundatlon for the Park8 and Rttoms of Colo (fivolre (FPRC141 IA company lInd by gtsrnnt•o) ccéts of mwr¥J hwy ar •A)nt S•W NorwT Pkrft, tthI proto¢# area in fv Repub of Cole dlvrxre b• llMslÉd In ty. aTrJ ts in¢%rn. ¥Ye1 ard gaim wll be Ihe Cth d111 to Ih•t no 22.10? Tri8ti"ng b Ihe m8nageff*nt Ond finaKiry of national pats n•ure reaeThes, ty ¥Jryll te to n(•81• tho captsl fixKI. Tr C(fth¥ botsT8n ts natsngl parks rf Tol Sw. B•nts) The grant wnl t• to prDte¢i ftrm fvndNig lor the of ts naD(w)81 p8rKs aThl reserM. TIW. Ihe IttrriT9 fxjsts ofthe MOKORE T¢l•l Fund Fw¥l FuTrd8 2023 F¥nd• 48,783,259 39.521418 8.451.314 49.43e (124,rAI 57.234,573 39.571.844 1124,lJ921 8.376.648 6fj,682.325 22 Tolal FuThl Fd 21,100.907 7.013.453 1.167. 170.6011 28.894.440 1,157.065 (70.8011 0.9 1.099J17 Pag•123
Foundalion for the Parks and Reserves of C6te (fivolrn (FPRC141K) (A ¢¢mpany lknll•d ty quv4nttt) t4 tr year, 01é5.151011 (a)22'. Q189.539)X lo RgEWW8 Icole d'¢ IFPRQI. • ¢lwtty 701.421 (1.284,st81 (6M8.4nl 4,551.702 (,7611 (Gw) OTh irfywtrmnts 112.640) 149,4ni Pag•124