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
#143

Foundatlon for the Parks and R•servM of Cote rflvolr• (FPRCl￿K)
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 MMP￿Y 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)
sJPC￿l￿
A L4'iTr b.rgor
VN'Otstha
1137&76
EC4R 18E
1501. Aven￿ McGill Cd
2 C¢ynpknx• DeYigrthnsT￿rE.
k)ntr￿ (Qth)
Cwwja tr￿8 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•
Tn*teas' Annual Report
For th• y•ar •ndod 31 Decwnb8r 2023
gtyj dOV¢lopiiert d n8tional paths ￿5•r￿VaS kn IM Rwtth Lrf Cgts tt1￿￿￿, to knmirvJ 4TKI
tho ReWbI￿ofecthd,￿￿1r
¢*•nt ¥Mklrvd pg11¢1••
Grwt m8*ing trus*es. ts(¥ Jpar2023. tharity h08 made 8 grydrt ofc 1.0852W2
lo Toi NthAI Patk, ft¥ the rwrw* ¢(*( a grant 016 825.517 fi)r ber*ft ofthe c￿Cé 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 8ctrA*e5 atsj exp1th￿S of th8 parks that tt 15 p¥8p8r•d to fvnd In xeordane•
r￿18 oflht nabonal p¥
.Th FPRCVS ann￿1 a¢XW wcqr8m IPAAI ￿￿y￿a tr suth prc9r8m. The grant
Charty b) FPRCI in resF4d of anrnwl athity Wtr3rwn ffl￿t 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 COrnrn￿e.
NT)OU&4 t•loro swrfiryd to￿ (I"rtora
Pag•12

Foundatlon for tho Pa￿S 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 DK4wnL*r 31, 2023 oftho
kngny. Mrffit SarWI T*T 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• •Th￿nts 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 P*lc 5W.OCQ.(IXI CFA frar
3.. Tho 8o8rd of t*rBth wJ¢)pts ts FPRCWK iTh*s*wrt r4r•)rt as ¢f Q¢1¢4w 31. 2023
. DwectorVh*Jéth* NEMBELESSINkSILU& Ch*m
. f*rtGtor Mat1rn COFFK8TUDER
. Thredor kné BOURGOIN. nwbw.
finon¢irKJ for nertwndm. In #tsl. ts aM￿fit mth"ltt*l 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 c￿r￿rtaIneXp8￿s8S ofts obw wrk6.
vrti abov&avernge perfe4martt. ofth8 TaTN8tiMg1 Park. ts ath￿09 SL*oaul&l for
f￿￿ing Irthn c*rtain perlners couhj not be car￿a to offvrKliTrJ. Tro Soukn-V*sizty*
8daptrely allc¢af8 avalabkn fvnding k) key part rnarw￿ ac1￿tio& to suggB6tto ts OIPR
to defino wonty in of
Page13

Foundafjon for tho Parks and Reservw of Cote rflvolrn (FPRCWK)
IA cOm￿nY 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• rn*nLwi5 11378X
The Mln18tor kn chwge ol n8lAind p*ks 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 *stablisl*d Cots dl¥oirB. pursuant
Th¢ App•kntsnent•t
y88
P•ll¢le• •do* (•rth• *wluctloR ollJwtM•
Th? memters oltr* 8c4rd offhrnEt(¥5 ha¥8•xtW￿l1P •JP8rwKa rn tsrf*bJ 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* Ch*ty. wi•fed that$* •vJ wt*x*JreJ l) mitvjale expc6ur• tt> th9
Ch&rty'J p(thIio 15 uThIert￿n 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¥ #A*￿11¥..
In 80 lar4J the IrpJB*es 4reawa
The trustee3 are ￿p¢￿ItIe fytt* makn*Ar<• ard inbJrty oftt* Dypy* •bY Infofftth) indLN19d on thg
¢hathJblo tr)rnpany s *Tbste. Le9￿£b￿ in thg Unii*J thg k¥8￿￿￿)n and disstffjination of
Au4ttov•
Amual Gartar￿ Meékng.
Charfuw. 4Th1 kn ar￿d￿r￿ *ilh the srttAa 01 Port 15 rj lh• kt 2fTh d•tirg to smallw
N'Gob F￿Ny
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 St*ffl0￿ ol F￿r*I￿￿t 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•yKl￿l1￿Its tr￿t0•5' 44¥001tr* gtxry ￿Jnc￿ ofaco)urfir¥J in
Ihat indM(tswty or m•y (* w*f<•nt ¢ThnponYs thlty to ￿ntinE* u o g￿n9
In Gvrwton our audi¢ofts 8t4wnerts. 15 lo rvad irrfixmybon an¢ in dcqffj 80.
in thg audtt or be m*no1ty missiJknY. 11 We suth m*ri81 irK(*r4i%tsr>x or appgr¢nt
fflateriAI m$8ta*rnerts. ar8 WLired ID there k g maiorwl mis8tBtBrnerrt in tho finwcigl
them Is a otr*r•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 unL￿t￿lI¥j oftr* dwik*4• uryayry #••rfy*or•nwrt cèl•o1•6 kn th• o)ur¥• DI
U1￿￿1 to prepare estr*ok
Il•Bpornltsllll*• of tyuslpeo
for bBing 8ats'gfj&Y that gtb* a Irw a￿1 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 tht*thw fr￿1 or k> wJW8 Iht Inch&198 ow wni
ISIS (UK) will alwa>3 datecl a m*fi8F •xists. can frBLKI oreThor 8TrJ are
I￿u￿ ra +ath"led tdcAY.
Becaw ol Iho Inlthnt Ibnttal•)M of an tr￿1 wdl r*)t dèha 91 irr•gukrfth, Induthng Iho8e
more tho1 ¢>jTWion￿ wdll a Iw (* regUtalK￿ is ￿n¢%￿l frryn a￿1 trerBK*c￿ rfeL*d in Ihg finarK¥81
Audito
"bilit*￿r￿LwJrtlDeScn
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 y￿r ended 31 December 2023 - Conllnued
Thts fvpryt fiB maje sdely to d￿lI￿L* 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 L*halfolA201•*4KIt Sw
&Elu10ry A￿lIor
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
F￿d5
Fyhd
202>
v0l￿tsry 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) I￿2.011
2,974,333
10
281.749
211.749
(514,1331
Nol INcom• rt•xp•ndkn•)
6WIM 218.n1 16.174￿3 12,950.9081
Othv rneo•nl8•d plnglllot￿l."
10
1.Oa768
1.022.788
{4.037.5701
N•t fflov•hwnt frflh• y•r
m,n1 •4701A21
{Q988A781
T4*01 ￿nd4 at 1 JarnMry2023
21.8W.
8.1Tr3,917 29.W.tyJ4
36,969.3ff2
Tolal funds 01 31 0￿mb•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
EN10wft*ntlund
13
13
88.>)5.67T
8.378,848
21,880,987
8.099.917
.2.3 AOUT 2024
P*J8112

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.$30,￿2
111593.0391
2836
Ctronge in c•Jh ard cash
4Q2.141
{507.756)
1.12027T
1,621.033
31A2141•
10
10
7,567.522
31.954.898
668,187
461090
Cash th￿d ¥Ath ￿$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 JL*y 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 f*tors. Ir¢[￿ling of luturv •fftl& th•1 ar& td*4vJ *) be rnasorobkn uTrJ•r
Pag•114

Foundalion for the Parks and Ro￿Tv•S of C6ts rflvolre (FPRC141K)
IA ry*mp•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 inL*wJe 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
s￿h grarts mctrfJNs*J 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￿ c*x•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 pr￿￿10￿ ar• wP¥• U*dwrity Iw O ot&9kn ¥ mlevent
IIHI wll prDbabty rgsult in Ihe trEn6lar fo a Ilwd p* and 8rMwit to
y)atim ¢•n b• IT￿*￿1•0 u D¥b"matBd TOli•W. Cr•¢Storn w• rnLyo•d at th*r
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•l*l
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• (FPRc1￿K)
(A company Ilmii•d ty gUArantso1
**
Totsl
Fund•
Grnnls ffjprty*d
5.1S3.011
112,010
2.737,449
1X*,$92
1(*,292
T(rt•l •wp•rKltyre
46J1011 I￿4#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 ¢0M￿nY lrnlt•d by
Totsl
l￿￿1¥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
D*poB
CgBh talartt0• •t31 rknrt*r2(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•r*ryth cah bthr** Ihsven
Valuo at 31
•fkntal %
23
FIEILA GL(W EQUITY FUND. CLASS C
FEKA GL￿T￿SEc 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
22.41*474
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
(SIS￿11)
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
I331￿30
aroSA88
(752.1W 11.119.¥XJ51
153A57
Park$*tr•¢¢￿I
10220.838
(655XII 11.383.wei
.181m2
#ctount
4874914
10.971
11243)
(714J17)
{18.55ei
1978.598
235.2a)
29.1N
1743rnI 14551.71Y¥
21.880.gWI
T•1 Nobrtsl
4397227
134.543
5.461903
1244fi19
la
{51.375}
1.317209
155.676
(60,379)
897,963
T8￿&pO corr￿
•¢￿fit
313.911
15.34n
79.4TJ
7.113
(15.3161
13,9161
378.r
12.1801
38.n8
P6.7881
7.793.￿ 537.358
1230NII
.099,917
SJTW (W4J3¥ {Wi,70JI
OW4
Taf NadLmai P8fK 8¢IM¢¢Urt. a gr*ii lorlha •xtIU￿ th8 r￿￿1r￿a Logts of
m•n•rvJ ts Tai Naknal P•k. a wolthl area pi tt* rA Cots rflvo¢r• ItrAt w4$ dedar•J as •
Nat￿n￿ P•rt kn 1972 •r¥l ded0￿181 • U￿SCo I￿¥08 Sme in 19B2. The fLYrfI ￿lj ba in¥eBtal in
Comoa NatbJnal Parft thrA*Urt Thi&waJ a g￿lIOr ts axdLly￿ offinanckvj th• recurring c05ta
ofmanaging tm co￿4 Nati￿1 PWK a wo*L*¢d 8Tra in of rflvthrg th*r8d
a Natknal Pafrt in 1W2 d8d*•¥ •s • UNESCO Vl)tsY sti•. Tr* fur#1 Vjill be in4wtsd
PWF*knty. aThY its rfor￿. dibith* afvJ b• trarsfermd pwr tos Par($ ot
P40122

Foundatlon for the Park8 and Rttoms of Colo (fivolre (FPRC141
IA company lIn￿d by gts*rnnt•o)
ccéts of mwr¥J ￿ hwy ar￿ •A)nt S•W N*orwT 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 d1￿11￿ to Ih•t no 2￿2.10? 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 Itt￿rriT9 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
F￿d￿
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)
t￿4￿ 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