OpenSignTM Documentld.. ThzWPjrCof
Company Registration Number 07391285
Charity Registration Number 1138287
RAINFOREST FOUNDATION UK
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
INDEX TO THE REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page no
Administrative information
Report of the trustees
11
Report of the auditors
14
Statement of financial activities
15
Balance sheet
16
Statement of cash flows
17
Notes to the financial statements

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Miss L Brown
Ms L Claridge
Dr E Clough
Ms J Cluff
Prof R Coward
Ms L Curran Reid
Mr S Hoyte (Resigned on 29 February 2024)
Ms C Clarke (Appointed on 1 March 2024)
Ms C Kabanga Tshali
Mr D Morgan
MsSNatt
Ms O Owczarek
Mr R Poore
Executive Director
Mr J Eisen
Registered office
Suite 201
Pill Box Studios
115 Covenlry Road
London
E2 6GG
Company number
07391285
Charity number
1138287
Bankers
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Audltor
Goldwins Limited
Chartered Accountants
75 Maygrove Road
West Hampstead
London
NW6 2EG
Pagel I

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report along with the financial statements of the charity for the year ended 31 December
2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 and
comply with the charity's Trust Deed, the Charities Act 2011, the Companies Act 2006 and 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 (FRS 102) (effective 1 January
2019).
Reference and Administrative Details of the Charity. its Trustees and Advisers
Rainforest Foundation UK, registered charity no. 1138287 is based at Suite 201, Pill Box Studios. 115 Coventry
Road, London, England, E2 6GG, United Kingdom.
The board of trustees throughout 2024 were: Miss L Brown. Ms L Claridge (Chair), Prof R Coward, Dr E Clough,
Miss J Cluff (Safeguarding Trusteel, Ms L Curran Reid, Mr S Hoyte, Ms C Kabanga Tshali, Mr D Morgan {Vice-
Chair), Ms S Natt, Ms O Owczarek. Mr R Poore (Treasurer).
The Executive Director is Mr Joe Eisen. Throughout 2024, the Programmes were managed by Ms Ana Osuna
Orozco, the Finances by Ms Emily Hodge and Operations by Ms Fleur Gatineau and Mr Jan Brulc.
Structure, Govemance and Management
The trust is an incorporated trust, constituted under Articles of Agreement and incorporated on 29 September 2010
and is a registered charity, number 1138287, (company number 073912851. The charity acquired all the assets and
liabilities of the unincorporated trust, The Rainforest Foundation (UK) (charity number 801436), with effect from 1
January 2011. On 11 August 2023, The Rainforest Foundation (UK) changed its name to Rainforest Foundation UK.
The board of trustees is responsible for the overall strategic direction, governance, compliance and financial stability
of Rainforest Foundation UK IRFUKI. The Articles of Association provide for a minimum of three trustees and up to
a maximum of twelve (those who held office during the financial year and at the date of this report are set out on
page two). The trustees convene for a minimum of four board meetings per year, participate in several committees
and provide ad-hoc support in their given areas of expertise. They are appointed by the board and may serve for a
maximum of three-year terms not exceeding in aggregate nine years but must be re-elected by the board of trustees
after each three-year term to continue serving as a trustee.
The board keeps the skills requirements for the trustee body under review. New truslees may be sought by open
advertisement or through a dialogue with candidales with relevant profiles. The ultimate decision on selection is a
matter for the board of trustees. When new trustees are appointed, they are introduced to the work of the trust and
provided with the information they need to fulfil their roles in accordance with charity law.
Day-to-day administration of the organisation is delegated to the Executive Director and specialist staff who are
mostly based in its London office. It has a number of Indigenous and local partner organisations in tropical forest
countries with whom it cooperates to deliver programmes.
RFUK is part of a small 'familV of independent organisations, which includes Rainforest Foundations US and
Rainforest Foundation Norway. These organisations, whilst sharing the same mission and objectives, are fully
autonomous in terms of funding and govemance.
Risk Management
RFUK has a risk management policy and maintains a risk register that lists and rates major operational. governance,
funding and country-level risks according to their likelihood and severity of impact and sets oul appropriate mitigation
measures. The register is kept under constant review by the Executive Director and also by the trustees at each
board and relevant committee meeting to ensure that adequate systems and procedures are in place to manage the
identified risks.
The nature of our work - promoting the human rights of local and Indigenous communities in countries with often
weak governance - means that we can face significant risks related to security. conflict and other external factors.
Page12

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The top three key external risks that the organisation currently faces are:
1. Heightened insecurity and political unrest in the Democratic Republic of Congo, which poses risks to the safety
of our staff and local partners;
2. The impact of this instability on our ability to safely and effectively deliver programmes with Indigenous Peoples
and other forest communities; and
3. An uncertain funding landscape for forest protection, climate action, and Indigenous Peoples, rights, particularly
in light of recent aid cuts in the United States and other donor countries.
To mitigate the first two risks, we regularly review and implement robust security protocols, conduct thorough risk
assessments, and maintain close engagement with local partners, communities, and authorities. In response to the
Ihird risk, we are actively working to diversify our funding base and improve cosl efficiencies to strengthen the
organisation's resilience and ability to withstand financial shocks.
Status
Rainforest Foundation UK is an international non4Jovernmental. non-political, non-religious organisation.
The Articles of Association (as amended on 7 January 2025) define the Charity's Objects as being for the
benefit of the public. including Indigenous Peoples and other local communities of the world's rainforests..
(a) to advance environmental conservation, protection and improvement, including but not limited to, conserving or
assisting in the conservation of rainforests, including all flora, fauna, rivers, waterways and other natural resources
therein;
(b) to advance the education of the public on the need to conserve rainforests and other natural resources, and the
need for a balance of such resources for the long-term benefit of the human race and all other living things;
(c) to promote human rights, including the right to self-determination of Indigenous Peoples and local communities
of the world's rainforests (as set out in the Universal Declaration of Human Rights and subsequent United Nations
conventions and declarations) throughout the world, including by all or any of the following means:
(i} monitoring human rights breaches;
(li) obtaining redress for victim of human rights abuses-,
(iii} providing technical advice to government and others on human rights matters- and
(iv) raising awareness of and promoting respect for human rights issues among individuals and corporations,
In furtherance of this Object, but not othep4vise, the Trustees shall have power to engage in political activity provided
that the Trustees are satisfied that the proposed activities will furtherthe purposes of the Charity to an extentjustified
by the resources committed and the aclivity is not the dominant means by which the Charity carries out its Objects.
Mission Statement
The mission of Rainforest Foundation UK is to support Indigenous Peoples and other communities of the world's
rainforests in their efforts to protect their environment and fulfil their rights to land. life and livelihood.
Activities
The activities carried out by the charity during the period can be broadly grouped into the following thematic areas..
Land and Livelihoods.. RFUK promotes the tenure rights of local and Indigenous communities as the foundation of
their self-determined development. We push for laws and policies that recognise community property rights, support
participatory mapping and sustainable land-use planning of these areas, and promote vibrant rainforest economies
by providing technical inputs, supporting cooperatives and boosting a¢￿sS to markets.
Page13

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Monitorin
and Ri
hts= Tackling threats to forests and human rights through community-led monitoring, applied
research, advocacy and campaigns on the underlying causes of deforestation. and by building partnerships for
change.
Cross-cutting elements of our work include strengthening civil society and the participation Indigenous Peoples,
women and other marginalised groups in the protection and management of tropical forests, and by deploying
technologies that reverse power relations and support greater accountability and transparency in forest governance.
Approach
The charity delivers its charitable objectives in two ways=
11) through direct delivery using its own staff, especially for technical and project management support, research
and advocacy" and.
121 through partner organisations. involving substantial support to increase local capacity in the design,
implementation and monitoring of projects.
The latter constitutes the greater part of the expenditure. It also ensures that RFUK'S work is firmly rooted in local
knowledge and expertise. RFUK has found from experience that this approach delivers maximum impact, efficiency
and value to the beneficiary groups.
2024 Activities, Achlevements and Perfomiance
RFUK'S and our local partners, programme activities in 2024 covered six countries., the Democratic Republic of
Congo (DRCI, Republic of Congo IROCI, Central African Republic (CAR), Cameroon, Kenya and Peru, as well as
international research and advocacy on climate justice and sustainable biodiversity conservation.
Land and Livelihoods
ro
ramme
This programme demonstrated the critical role that Indigenous Peoples and other local communities play in the
management and protection of tropical forests. In DRC, our 'Forests for the Future, community forest project with
APEM, CAGDFT, GeoFirst, Reseau CREF, PREPPYG and GASHE expanded the area under community control to
nearly 155,000 heclares of forest- an area the size of Greater London. With their rights secured, communities were
supported to develop simple management plans for these areas and to improve agricultural practices, gain market
access and strenglhen value chains. The expansion of the 'Mutuelles de Solidarité, (MUSO) model fostered
economic cooperation among women's producer groups, boosting income and creating shared savings and loan
systems. These funds help buy tools and seeds, and to reinvest in local development projects, promoting growth
and self-sufficiency.
Our work also promoted the enabling conditions for community forests to succeed more widely in DRC through
capacity-building, policy advocacy and stakeholder convening activities. Community forest roundtables brought
together local communities, civil society, government and the private sector to share best practices, while a
community forest fair in Mbandaka connected local producers with responsible buyers. Al the policy and institutional
level, we supported civil society organisations to advocate forthe inclusion of community forests and other provisions
in the draft national forest policy and continued to provide technical assislance lo the Environment Ministry in the
management of the National Community Forest Database. This now provides detailed geographical information on
240 concessions in the country covering 4.5 million hectares.
The DRC community forest and deforestation monitoring work was supported by the US Agency for Intemational
Development (USAID),. Norwegian Agency for Development Cooperation (Norad),. UK Foreign, Commonwealth and
Development Office (FCDO) via Palladium International- Partnerships for Forests,. Helen and Michael Brown
Charitable Trust,. Arcus Foundation,. Turing Foundation.. Tides Foundation." Size of Wales,. Synchronicity Earth,. Swire
Charitable Trust and Stichting Otterfonds.
In CAR, RFUK and CADD provided agricultural training and assistance to 14 Bantu and Indigenous Bayaka
communities grouped in two prospective community forests. supporting their self-led forest management,
sustainable livelihoods and pooled access to markets and finance despite the many challenges the country faces
with political instsbility and conflict. We also supported the technical contributions of Central African civil society
Page14

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
organisations to several ongoing legal reforms in the country including the development of a new forest code, land
code and an Indigenous Peoples law. This work was supported by the Rainforest Fund.
In Peru, we supported the geolocation of 227 smallholder plots of cacao producers, in the Ene Valley afriliated with
our partner Kemito Ene, an award-winning Indigenous-led cooperative in the Amazon, to deploy ForestLink
technology to demonstrate traceability of their forest-friendly cacao to tap into rising global demand for deforestation-
free products and ensure compliance with stringent EU export regulations. Kemito Ene also achieved a significant
milestone by selling 90 tonnes of cocoa beans, reinforcing the potential of sustainable Indigenous enterprises in
international markets.
Another landmark achievement in 2024 was the First Women's Congress of the Ene, organised by our Indigenous
partner CARE. Over 100 Indigenous women gathered to discuss key issues affecting their communities, culminating
in the election of 15 representatives. This milestone amplifies women's voices in local governance and ensures their
priorities are integrated into regional and national decision-making. The work in Peru was supported by Size of
Wales,. and Good Energies FoLJndation.
Monitorin
and Ri
hts
ro
ramme
The programme collaborated with local communities, Indigenous populations and civil society organisations to drive
meaningful action against forest crime and rights abuses. Through our monitoring initiatives centred around our
ForestLink tool
we strengthened communities, ability to protect their forests and connect with law enforcement,
improving access to justice. empowering local actors and reinforcing accountability.
In Peru, RFUK and FENAMAD made significant strides in forest monitoring, expanding ForestLink's reach in Madre
de Dios, southeastern region of Peru's Amazon, from 18 to 30 communities. This strengthened the ability of
Indigenous groups to report and respond to environmental crimes, reinforcing local responses to deforestation
events. ForestLink alerts supported five operations against illegal mining, leading to arrests, including the capture of
four miners in Puerto Luz. This has demonstrated the vital role ofgrassroots, Indigenous-led monitoring in combating
environmental crime and can serve as a model that can be replicated across the Amazon and beyond. This work
was supported by the Waterloo Foundation.. Ernest Kleinwort Charitable Trust and,. Network for Social Change.
Our work in Kenya with the Kenya Land Alliance, TMG Research GmbH, and Shibuye Community Health Workers
addresses the intersection ofgender-based violence IGBV) and land rights violations. Using Haki Ardhi, a community
monitoring tool adapted from ForestLink, we tracked hundreds of cases in Taits Taveta, Kakamega and Trans Nzoia
counties. Paralegal Iraining enabled communilies lo address violations and support victims, while legal and
advocacy follow-up actions ensured greater accountability and access to justice. This work was supported by TMG
Research GmbH.
In Cameroon, we advanced real-time monitoring of forest threats and strengthened the SNOIE (the Standardised
External Independent Monitoring System) methodology, a civil society-led, Iso-certified independent forest
monitoring system. Throughout the year, our local partners FODER and EcoDev conducted real-time monitoring
missions which enhanced oversight of forests and supported broader civil society adoption of SNOIE. This work was
supported by the AgenGe FranGaise de Developpement (AFD) and Earth Insight, a project of Resources Legacy
Fund.
In the Republic of Congo, our project with CJJ and ClientEarth strengthened environmental defenders, legal capacity
to defend forests and rights. Community monitoring identified several issues such as illegal foresl exploilation, land
rights violations, GBV, misallocation of development funds, discrimination against Indigenous Peoples and human-
wildlife conflicts, leading to follow-up and enforcement actions. It also supported the development of a draft legal
order on community forests. If adopted, this would represent the first time in the counlry that communities will be
able to claim collective rights to their forests. This work was supported by the Agence FranGaise de Développement
(AFD)," Hampshire (Montpelier) Foundation," and Earth Insight. a project of Resources Legacy Fund.
In DRC, we tackled threats from extractive industries, particularly oil and gas, mining and logging, through
awareness-raising, community-led forest monitoring and advocacy. Partnering with APEM, GASHE, Reseau CREF
and DGPA, we trained local monitors in ForestLink and expanded its use in Equateur. South and North Kivu
provinces, as well as supporting verification missions and law enforcement actions. This work was supported by the
Schmidt Family Foundation I Ith Hour Project, Hampshire (Montpelier) Foundation.. Arcus Foundation and Earth
Insight, a project of Resources Legacy Fund.
Page15

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
This year also marked the launch of ForestEye. an innovative mapping tool that offers local communities and
grassroots organisations easy access to high-resolution, regularly updated, localised deforestation analysis.
Designed for low-connectivity areas, this web-based platform enhances their ability to combat deforestation, defend
Indigenous and community territories. generate evidence of forest crime and enforce environmental protections.
Research Advocac
and Cam
ai
ns
RFUK'S campaigns played a critical role in addressing industrial threats to tropical forests whilst also challenging the
false climate solutions to forest loss that disproportionately impact those least responsible for the ecological crisis.
Amid intense advocacy by our civil society partners and local communities, the DRC hydrocarbons minister cancelled
a controversial auction of 27 oil blocks that potentially threatened millions of hectares of primary forests and
peatlands. We supported a new civil society-led campaign 'Our Land Without Oil. to resist future harmful oil
exploitation and to promote a low-carbon future for the country.
RFUK continued its efforts to sustain and accompany the work of local and national civil society, supporting the
establishment of Réseau EDH (Engagement Environment et Droits Humains) - a network of 17 leading Congolese
civil society and Indigenous organisations intended to better coordinate informalion flows between Kinshasa, the
provinces and local levels and to amplify the campaigning and advocacy of its members.
Through our Climate Justice Strategy, we supported local communities in the Congo Basin to understand and
exercise their rights concerning harmful industries and offset projects. As well as disseminating awareness-raising
tools in local languages, we documented the exponential increase and social impacts of carbon projects in the DRC
and promoted an alternative non-market funding architecture for forests. "Beyond Offsets,, a joint publication with
Forest Peoples Programme and Fem, outlines sources of such funding. such as progressive taxation and the
redirection of environmentally harmful subsidies, as well as the channels through which this funding can more directly
and equitably reach frontline communities.
Our Sustainable Conservation and Human Rights campaign continued to address the severe human toll of'fortress
conservation, while promoting righls-based alternatives to forest protection. In collaboration with CAD, we supported
local communities living around Ntokou-Pikounda National Park in the Roc who have faced alarming rights abuses,
including mistreatment by 'eco-guards', arbitrary arrests, and restrictions on their freedom of movement, to seek
recourse and call for a new park management regime.
RFUK published research covering dozens of protected areas in the Congo Basin, which despite having made some
progress some progress on human rights awareness, still offer insufficient protections or recourse to impacted local
communities and Indigenous Peoples. Our 'Righting Wrongs, report urges accountability and redress for the past
and ongoing harms caused by such projects and highlights the pressing need for culturally appropriate, independent
and sufficiently resourced Grievance and Redress Mechanisms (GRM).
This campaign also had an international component. In Oclober, RFUK supported several of our local partners to
participate in Biodiversity COP15 in Colombia where they mel with global policy makers to call for Indigenous and
community-led approaches lo achieving the UN global target of conserving 30 percent of the earth by 2030130x30},
among other issues.
In December, RFUK and our partners were able to advocate for several community protections in the 'Couloir Vert,
in DRC, one of the world's largest protected areas the size of France that extends from Beni in the easl of the country
to Kinshasa in the south-west. These include a legal requirement for any large development or conservation project
within the zone to obtain the free, prior and infomed consent (FPIC) of local communities and commitments to
promote the participatory governance of Ihe reserve. It's creation also necessitated an amendment to DRC'S 20214
nature conservation law to introduce the concept of a 'community protected area'_ the first time Ihat such a category
has existed in the country. Our research and campaign activities were supported by various donors including the
Schmidt Family Foundation I Ilh Hour Project,. Arcus Foundation,. Hampshire (Montpelier) Foundation and,. Big Give
Trust.
Partnershlps
RFUK is not a grant-making organisation. We enter into partnership agreements with other organisations in order to
downstream funds and implement projects and campaigns. All local partners are fully autonomous organisations
with their own financial management and govemance structures. The contractual agreement is determined through
Page16

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
close dialogue be￿een RFUK programme staff and potential partners. Partnership agreements are monitored with
strict financial controls and due diligence procedures, in line with RFUK'S internal guidelines and requirements.
Programme stsff periodically visit partner offices and field sites to monitor and support project, research and
advocacy activities, and maintain regular communication with them in the interim periods. Partners are required to
provide regular narrative and financial reports on project activities.
Fundraising
RFUK aims to establish a diverse funding base of institutional donors, charitable trusts and foundations. and
individual givers. It is also open to support from the corporate sector subject lo a stringent ethical review process.
Our fundraising mix is regularly reviewed according to a range of factors including charilable needs, likely return on
investment and projected levels of free reserves.
Fundraisin
standards: We are members of the Chartered Institute of Fundraising (loF) and the Fundraising
Regulator, and as such abide by the Code of Fundraising Practice. We abide by the Fundraising Regulatorfs
Fundraising Promise, and strive to ensure our fundraising is open, honest. legal and respectful. We operate an 'opi-
in, model of freely given, specific. informed. unambiguous consent for contact. whether that be via email, post or the
telephone.
Fundraisin
on our behalf.. We engage members of the public via digital channels, such as social media and through
emails, discussing ways in which they can supporl us, appropriately and proportionately. We require any professional
fundraising agencies working on our behalf to adhere to our fundraising standards.
We work with some corporate partners who support us through financial donations. as well as employee fundraising.
We also receive one-off support from companies, as unsolicited donations. Some of our corporate partners sell
goods or services and donate a proportion of the sale price to us. These arrangements are governed by legal
agreements in line with current consumer and charitable law.
Monitorin
of fundraisin
activities and
rotectin
eo
le in vulnerable circumstances.. We have a set of standards
and principles that we require all professional fundraisers working on our behalf to adhere to when delivering
fundraising campaigns online.
The Charity does not tolerate the use of language or behaviours that intentionally mislead or seek to unduly influence
people, or the use ofsubterfuge or misrepresentation. We are committed to making sure all fundraising engagements
adhere to the guiding principles of the Code of Fundraising Practice in being legal, open, honest and respectful.
We are committed to ensuring that we always treat the public sensitively and respectfully, taking special care to
protect people who may find themselves in vulnerable circumstances. We have dedicated safeguarding and
whistleblowing policies and procedures to ensure best practice in this regard.
This approach has been developed in consultation with the charity safeguarding staff and is in line with the
requirements of the Charities (Protection and Social Inveslmenl) Act 2016, the Mental Capacity Act 2005, as well as
with the loF's Treating Donors Fairly guidance, and the Direct Marketing Association's Guidelines for Dealing with
Vulnerable Consumers.
Com
laints: We are always sory to receive complaints relating to our fundraising, as we're keen for all our
supporters to have a positive experience engaging with us. We understand, of course, that some of our activity may
invite expressions of dissatisfaclion, which we will always record in order to improve our fundraising. Complaints,
however, will only be recorded when there has been a potential or actual breach of Ihe fundraising code, a lapse in
our high standards, or a concern raised where an investigation has been instigated. In 2024, we received no such
complaints.
Communlcatlons
Our communications in 2024 included the management of our three websites (rainforestfoundationuk.org,
mappingforrights.org and forestlink.org) and social media channels (X. Facebook, Instagram, Linkedln and
YouTubel as well as direct supporter communications through newsletters and appeals. Overthe course of the year,
we also published several publications, briefings and map stories, featured in several international and specialist
media outlets and spoke at numerous international conferences and meetings on rainforest and human rights related
issues.
Page17

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Operations and Finance
Throughout the year, we made significant improvements to our operational, compliance and financial functions,
ensuring delivery of our programmes is supported by robust internal systems, policies and procedures.
This included consolidating our Finance and Operations team, enhancing our internal controls, continuing to upgrade
our IT systems and cybersecurity measures, and strengthening our HR procedures. We also moved to a smaller
office space, in line with our commitment lo reduce our environmental impact and overhead costs.
Governance
In 2024, the Board of Trustees convened quarterly, maintaining attendance rate exceeding 90%. To enhance
governance effectiveness, the Board operates through three committees.. the People Committee. Finance, Risk and
Compliance Committee., and Communications and Fundraising Committee. These committees met six times
throughout the year to advise and decide on specific aspects of RFUK'S operations.
Overall. 2024 saw the strengthening of RFUK'S overall governance, including through the..
Recruitment of a new trustee to repla￿ a retiring trustee;
Revising the Charity's Objects- to more accurately reflect the activities of the organisation and to allow it to
continue to be effective;
Establishing a Communications and Fundraising Committee, which provides guidance and support for
communication and fundraising initiatives to enhance visibility. public engagement, and financial
sustainability,
The Board also approved several new or revised policies aimed at strengthening the organisation, including..
Complaints Policy- to enhance ways to report and channel safeguarding and whistleblowing complaints to
the responsible RFUK staff and trustees:
New Digital Engagement Strategy- to support delivery of our programmes, campaign and fundraising goals.,
Code of Conduct - to protect the well-being of anyone who comes into contact with the organisation and to
explicitly outline the expected behaviours of our representatives-
Modern Slavery and Human Trafficking Policy - to enhance prevention and eradication of modern slavery
and human trafficking in all of our work-
Data Protection Policy - outlining our handling of personal data in line with data protection standards and
legal requirements.
Safeguarding
During the reporting period, we received one allegation regarding a staff member working for a local partner, which
led to an initial investigation conducted by an independent Safeguarding investigator, who determined that the
complaint could be closed with no further investigation warranted. There were no other safeguarding complaints or
incidents recorded during the reporting period.
We continue to develop our systems, processes and policies in this area. Among other policies our Safeguarding,
Whistleblowing and Complaints policy are available on our website.
Modem Slavery
The Board approved a new Modem Slavery and Human Trafficking policy. This policy upholds our commitment to
preventing and eradicating these practices in all their foms. We adhered to the Modern Slavery Act 2015 by
conducting due diligence, risk assessments, and training, and by cascading our policy to ensure compliance across
all our programmes. No cases of modem slavery of trafficking were reported or discovered in 2024.
Page18

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Financial Review
Restricted fund main sources:
US Agency for International Development (USAID) £861.703
Norwegian Agency for Development Cooperation (Norad) £393,033
Schmidt Family Foundation £266,567
Hampshire {Montpelier) Foundation £227.732
Arcus Foundation £227,194
Unrestricted fund main sources-
Donations and legacies £349.871
Fundraising events £14,589
Direct charitable expenditure accounts for 95% of total organisational expenditure.
Investments and Reserves
The total value of our reserves is £1,475,857.
The reserve of restricted funds. £1.016.731 is held solely for projects expenditure.
The unrestricted funds reserve is £459.126. Unrestricted reserves are held as funds for the organisation's core costs.
The charity's policy, which is reviewed on a yearly basis, is that unrestricted reserves should not normally fall below
£400,000, which is approximately three months of recurrent expenditures. The charity considers it is a going concern
as debts are able to be paid as they fall due and the 12-month forecast shows a positive situation.
The charity generally has too litlle long-term reserves to make investments possible. Any fund reserves are generally
held in a short notice deposit account, where they generate limited returns. The charity holds no investment property.
Any gains from foreign exchange movements or interest on short-term banking of project grants are reinvested in
support of the objectives of the grant, where required by the donor.
The main reason for holding reserves is to ensure that the charity has enough resources to guarantee that our
programmes can be supported through to their conclusion or passed on in an orderly manner to another
organisation. It is RFUK'S policy never to commit funds that it does not have, and most project funding is therefore
committed only when there are guaranteed long term {almosl always external) sources to support it. The restricted
funds held by the charity are only kept for as long as is necessary to organise the use of the funds.
Thanks
We offer special thanks to all the following organisations and individuals, who gave us more than £2,000 each.. US
Agency for International Development (USAID); Norwegian Agency for Development Cooperation (Norad); Agence
FranGaise de Développement (AFD); Arcus Foundation. Rainforest Fund: Samworth Foundation,. Tides Foundation.,
Synchronicity Earth.. Size of Wales,. Hampshire (Montpelier) Foundalion- Resources Legacy Fund {Earth InSight}',
The Schmidt Family Foundation,. The Helen and Michael Brown Charitable Trust- Palladium International
(Partnerships for Forests); TMG Research GmbH', The Big Give Trust,. Langdale Trust; The Rhododendron Trust;
Ticket Tailor., Carluccio's-
Ernest Kleinwort Charitable Trust, Ne￿Ork for Social Change,. Souter Charitable Trust;
Summerhill Trust., The Britiord Bridge Trust,. The Ericson Trust., Mr John Robb; the late Mr Geoffrey Dawson.
We would also like to offer our sincere thanks to the hundreds of individual donors. fundraisers and volunteers that
supported our work over the year.
Plans for the Future
In 2025, RFUK will launch a 10-year vision for a new era of forest protection that hamesses the power of grassroots
and Indigenous organisations, fosters a new generation of forest defenders and builds communities of practice in
key strategic areas to deliver impact at a much-enlarged scale.
Public Benefit
The trustees have complied wrth section 17 of the 2011 Charities Act, having due regard for the Charity
Commission's guidance on public benefit when reviewing the Trust's aims and objectives.
Page19

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of Responsibilities of the Trustees
The trustees (who are also directors of Rainforest Foundation UK for the purposes of company law) are responsible
for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial ststements for each financial year, which give a true and fair
view of the state of affairs of the charitable company and of the incoming resources and application of resources,
including the incoming resources and application of resources, of the charitable company forthat period. In preparing
these financial statements, the trustees are required to=
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 102).
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial stalemenls.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware-
there is no relevant audit information of which the charitable company's auditor is unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audit information and to establish that the auditor is aware of that.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included
on the charitable company's website. Legislation in the Uniled Kingdom governing the preparation and dissemination
of financial statements may differ from legislation in other jurisdictions.
ON BEHALF OF THE BOARD:
Ms Lucy Claridge
Date: 24 June 2025
Page | 10

OpenSignTM Documentld.. ThzWPjrCof
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF RAINFOREST FOUNDATION UK
FOR THE YEAR ENDED 31 DECEMBER 2024
Opinion
We have audited the financial statements of Rainforest Foundation UK for the year ended 31 December 2024 which
comprise the Statement of Financial Activities, the Balan￿ Sheet, statement of cash flows and the related notes.
The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102= The Financial Reporting Standard applicable in
the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements-
give a true and fair view of the state of the charitable company's affairs as at 31 December 2024 and of its
income and expenditure for the year then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK}} and applicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
financial statements section of our report. We are independent of the Charity in accordance with the ethical
requirements that are relevant to our audit ofthe financial ststements in the UK, including the FRC'S Ethical Standard
and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern
In auditing the financial statements, we have concluded Ihat the trustees, use of the going concern basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue,
Our responsibilities and the responsibilities of the directors wilh respectto going concem are described in the relevant
sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in
the annual report other than the financial statements and our auditor's report thereon. Our opinion on the financial
statements does not cover the other information and. except to the extent otherwise explicitly stated in our report,
we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in
doing so, consider whether the other infomiation is materially inconsistent wilh the financial statements or our
knowledge obtained in the audit or otherwise appears lo be materially misslated. If we identify such material
inconsistencies or apparent material misstatements. we are required to determine whether there is a material
misstatement in the financial statemenls or a material misslatement of the other information. If, based on the work
we have performed, we conclude that there is a material misstatement of this other information. we are required to
report that fact.
We have nothing to report in this regard.
Pagel 11

OpenSignTM Documentld.. ThzWPjrCof
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF RAINFOREST FOUNDATION UK
FOR THE YEAR ENDED 31 DECEMBER 2024
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit".
the information given in the trustees, report (incorporating the directors, report) forthe financial year forwhich
the financial statements are prepared is consistent with the financial statements,. and
the trustees, report (incorporating the directors. report) have been prepared in accordance with applicable
legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understsnding of the Charity and its environment obtained in the course of the
audit, we have not idenlified material misstatements in the Trustees, Annual Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report
to you if. in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been received
from branches not visited by us- or
the financial ststements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit.
Responsibilities of the trustees
As explained more fully in the Trustees, Responsibilities Statement. the truslees (who are also the directors of the
charitable company for the purposes of company law) are responsible for the preparation of the financial statements
and for being satisfied that they give a true and fair view and for such internal control as they determine is necessary
to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error.
In preparing the financial statements. the trustees are responsible for assessing the Charity's ability to continue as
a going concern, disclosing, as applicable, rnatters related to going concem and using the going concern basis of
accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic
alternative bul to do so.
Our responslbllltles for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error
and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in
line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including
fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.
Page | 12

OpenSignTM Documentld.. ThzWPjrCof
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF RAINFOREST FOUNDATION UK
FOR THE YEAR ENDED 31 DECEMBER 2024
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-
compliance with laws and regulations, our prO￿dureS included the following=
We enquired of management, which included obtaining and reviewing supporting documentation,
concerning the charity's policies and procedures relating to the intemal controls established to mitigate risks
related to fraud or non-compliance with laws and regulations.
We inspected the minutes of meetings of those charged with governance.
We reviewed the financial statement disclosures and tested these to supporting documentation to assess
compliance with applicable laws and regulations.
In addressing the risk of fraud through management override of controls, we tested the appropriateness of
journal entries and other adjustments, assessed whether the judgements made in making accounting
estimates are indicative of a potential bias and tested significant transactions that are unusual or those
outside the normal course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulalion. The risk is also
greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment,
forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. Iwww.frc.org.ukJauditorsresponsibilities]. This description forms part of our auditor's
report.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members
those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's
members as a body, for our audit work. for this report. or for the opinions we have formed.
Anthony Epton (Senior Statutory Auditor)
for and on behalf of
Goldwins Limited
Statutory Auditor
Chartered Accountants
75 Maygrove Road
West Hampstead
London NW6 2EG
26 June 2025
Page | 13

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUND
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
Funds
2023
Total
Funds
Unrestricted
Funds
Restricted
Funds
Note
Income from:
Donations and legacies
Events and other income
Charitable activities
Investment income
349,871
14,589
349,871
14,589
2,540,760
20,498
250,180
16,425
2,549,093
15,396
2,540,760
20,498
Total income
384,958
2,540,760
2,925,718
2,831,094
Expenditure on:
Raising funds
Charitable activities
Other
84.059
172.790
48.247
16,934
2.472.697
100,993
2,645,487
48,247
87.028
2,421.496
63,203
Total expendlture
305,096
2,489,631
2,794,727
2,571,727
Net income for the year
79,862
51,129
130,991
259,367
Unrealised gainl(lossl on foreign currency
(687)
16871
11181
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
79,175
51,129
130,304
259,249
379,951
965,602
1,345,553
1,086,304
Total funds carried forward
16
459.126
1,016,731
1,475,857
1,345,553
All of the above results are derived from continuing activities.
There were no other recognised gains or losses olher than those stated above.
The attaGhed notes form part of these financial slatements.
Page | 14

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Flxed Assets:
Tangible fixed assets
12
4,882
1,397
Current Assets:
Debtors
Cash at bank and in hand
13
333.873
1.311,659
1.645.532
313,251
1.196,432
1.509.683
Creditors: Amounts falling due within
one year:
14
(134,557)
(85,527)
Net Current assets
1.510.975
1,424,156
Creditors: Amounts falling due in more
than one year:
15
(40,000)
(80,000)
Total nel assets
1,475,857
1,345,553
Reserves..
Unrestricted funds
Restricted funds
459,126
1,016,731
379,951
965,602
19
1,475,857
1,345,553
Approved by the Board of Trustees on
24 Junc 2025 and signed on its behalf by:
Cla
Trustee
Company registration no. 07391285
Page | 15

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note
2024
2024
2023
2023
Nel cash provided by l (used in) operating activities
17
100,194
280,215
Cash flows from investing activities:
Interest income
Salel {purchasel of fixed assets
20.498
{5.465)
15,396
(562)
Cash provided by l (used inl investing activities
15,033
14,834
Change in cash and cash equivalents in the year
115,227
295,049
Cash and cash equivalents at the beginning of the year
1,196,432
901,383
Cash and cash equivalent8 at the end of the year
18
1,311,659
1,196,432
Page | 16

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting policies
a) Basis of preparation
The financial statements have been prepared in accordance with 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 (FRS 102 effective 1
January 20191- (Charities SORP FRS 102) and the Companies Act 2006.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy
or note.
b) Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a
going concern. The trustees do not consider Ihat there are any sources of estimation uncertainty at the
reporting date that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilities within the next reporting period.
c) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached
to the income have been met. it is probable that the income will be received and that the amount can be
measured reliably.
d) Donations of gifts, services and facilities
Donated professional services and donated facililies are recognised as income when the charity has
control over the item or received the service, any conditions associated with the donation have been met,
the receipt of economic benefit from the use by the charity of the item is probable and that economic
benefit can be measured reliably. In accordan￿ with the Charities SORP (FRS 102), volunteer time is not
recognised so refer to the truslees, annual report for more information about their contribution.
On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the
value of the gift to the charity which is the amount the charity would have been willing to pay to obtain
services or facilities of equivalent economic benefit on the open market; a corresponding amount is then
recognised in expenditure in the period of receipt.
e) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by
the charity., this is nomally upon notification of the interest paid or payable by the bank.
Q Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Restricted funds are funds which the funder has specified are to be solely used for particular areas of the
charity's work or for specific projects being undertaken by the charity.
Designated funds are unrestricted funds set aside by the Trustees for particular purposes.
Page | 17

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
g) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably. Expenditure is classified under the following activity headings..
Costs of raising funds comprise of trading costs and the costs incurred by the charity in inducing third
parties to make voluntary contributions to it. as well as the cost of any activities with a fundraising
purpose.
Expenditure on charitable activities includes the costs of delivering services and other activities
undertaken to further the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
h) Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities. Support costs include back office cosls, finance, personnel, payroll and governance
costs which support the charity and its and activities. Support costs are allocated between cost of raising
funds and charitable activities.
i) Tangible fixed assets
Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual
value over its expected useful life. The depreciation rates in use are as follows-
Computer and office equipment
4 years straight line
Fixtures and fittings
5 years straight line
j) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
k) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term liquid investments with a short maturity of
three months or less from the date of acquisition or opening of the deposit or similar account.
l) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their
settlement amount after allowing for any trade discounts due.
m) Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the ex￿ptIOn of bank loans which are subsequently measured at
amortised cost using the effective interest method.
Page | 18

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2. Detailed comparatives for the statement of financial activities
2023
Unrestricted
Funds
2023
Restricted
Funds
2023
Total
Funds
Income from:
Donations and legacies
Events and other income
Charitable activities
Investment income
Total income
250,180
16,425
250,180
16,425
2,549.093
15,396
2,831.094
2,549.093
15,396
282.001
2,549,093
Expenditure on:
Raising funds
Charitable activities
Other
Total expenditure
79,528
176,058
63,203
318,789
7,500
2,245,438
87,028
2,421,496
63,203
2,571,727
2,252,938
Net income l {expenditurel for the year
(36,788)
296.155
259,367
Other gainslllosses)
(118)
(118)
Transfers be￿een funds
Net movement in funds
(36,906)
296,155
259,249
Reconclllatlon of funds:
Total funds brought forward
416,857
669,447
1,086,304
Total funds carrled forward
379 951
965 602
1345 553
3. Income from charltable actlvltles
2024
Total
2023
Total
Unrestrlcted
Restrlcted
Grants and project income
2.540,760
2,540,760
2,540,760
2,540,760
2,549,093
2,549.093
4. Income from investments
2024
Total
2023
Total
Unreslricled
Restrlcted
Bank interest
20,498
20.498
20.498
20.498
15,396
15,396
Page | 19

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
5. Raising funds
2024
Total
2023
Total
Unrestricted
Restricted
Salary costs
Other costs
59.956
24.103
84,059
16,934
76,890
24,103
100,993
72,031
14,997
87,028
16,934
Other costs consist of communications and media. management and office. and the costs associated with
staging events and participating in various fund raising events. such as the London Marathon.
6. Charitable activities
2024
Total
2023
Total
Unrestricted
Restricted
Project activities
Project support costs
32,219
140,571
172.790
1,460,909
1,011,788
2,472,697
1,493,128 1,463,192
1,152,359
958,304
2,645,487 2,421.496
7. Other
2024
Total
2023
Total
Unrestricted
Restricted
Salary costs
Trustees, expenses
Payroll and professional fees
Safeguarding fees
Audit fees
32,467
673
4,795
4,312
6,000
48,247
32,467
673
4,795
4,312
6,000
48.247
42,917
5,616
4,241
4,429
6,000
63,203
All the above costs, included in 'other', are the governance costs of the charity. The salary costs are
apportioned based on time spent. The remaining costs are the actual amounts. The governance costs have
been partially met through restricted funds, as agreed by funding providers through their inclusion of 'core
costs, in the respective budgets.
8. Total Expenditure
Staff
costs
Other
costs
2024
Total
2023
Total
Raising funds
Charitable activities
other
76,890
932.458
32.467
1,041,815
24,103
1,713,029
15.780
1,752,912
100,993
87,028
2,645,487 2.421,496
48,247
63,203
2,794,727 2,571,727
Page | 20

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
9. Net income l (expenditure) for the year
This is stated after charging l (crediting)..
2024
2023
Operating lease rentals: Property
Depreciation
Auditors remuneration (net amount)
44,491
1,980
5,000
71,160
964
5,000
10. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management
personnel
Staff costs were as follows..
2024
2023
Salaries and wages
Social security costs
Pension costs
898,437
106,129
37,249
1,041.815
772,993
92,404
31,084
896,481
Orse of the employees received employee benefits (excluding both employerfs NIC and pension contributions)
between £70,000 - £79,999 during the year.
The total employee benefits including Employerfs NIC and pension contributions of the key management
personnel were £251,13612023'. £248,664).
None of the trustees received any remuneration during the year (2023: none). There were Irustees, meeting
expenses of £673 in the year {2023'. £5.616).
The average number of employees (head count based on number of staff employed) during the year was 22
(2023. 21).
11. Taxatlon
Th8 charitable company is exempt from corporation tax as all its income is charitable and is applied for
charitable purposes.
Page | 21

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12. Tangible fixed assets
Office Fixtures and
equipment
fittings
2024
Total
2023
Total
Cost
At the start of the year
Additions in year
Disposals in year
At the end of the year
25.888
1,917
21,016
3,548
21.016
46,904
5,465
21,016
31,353
46,342
562
27,805
46,904
Depreciation
At the start of the year
Charge for the year
Eliminated on disposal
At the end of the year
24,815
20,692
1.034
21,016
710
45,507
1,980
21,016
26,471
44,543
964
25,761
45,507
Net book value
At the end of the year
2,044
2,838
4,882
1,397
At the start of the year
1,073
324
1,397
1,397
All of the above assets are used for charitable purposes.
13. Debtors
2024
2023
Prepayments
Accrued income
Other debtors
15,045
291,070
27.758
333,873
31,892
261,859
19,500
313,251
14. Credltors: amounts falllng due wlthln one year
2024
2023
Bank loans and overdraft
Trade creditors
Taxation and social security
Pension fund
Accruals
Other creditors
Deferr8d incom8
40,000
35,124
13,664
40,000
16,286
16,889
6,568
38,419
2,710
4,640
134,557
3,813
1,971
85.527
Deferred income represents amounts received in advance for the events due to take place in next financial
year.
Page | 22

OpenSignTM Documentld.. ThzWPjrCof
RAINFOREST FOUNDATION UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. Creditors: amounts falling due after one year
2024
2023
Bank loans
40,000
40,000
80,000
80,000
The bank loans are secured against the charity's assets.
16. Analysis of net assets between funds
Unrestricted Restricted
funds
funds
Total
funds
Tangible fixed assets
Net Gurrent assets
Long term liabilities
Net assets at the end of the year
4,882
494,244
40,000
459,126 1,016,731
4,882
1,510,975
40,000
1,475,857
1,016,731
Unrestricted Restrlcted
funds
funds
Tolal
funds
Analysis of net assets between funds 2023
Tangible fixed assets
Net current assets
Long term liabilities
Net assets at the end of the year
1,397
458.554
180.000)
379,951
1,397
1,424,156
(80,000)
1,345,553
965,602
965,602
17. Reconcilialion of net income l (expenditure) to net cash flow from operating activities
2024
2023
Net income l (expenditure) for the reporting period
(as per the consolidated statement of financial activities)
Depreciation
Interest received
(Increase}I decrease in debtors
Increasel (decrease) in creditors
Net cash provided by l {used in) operating activities
130,304
259,249
1,980
120,4981
120,622
9,030
100,194
964
{15,396}
66,885
{31,487)
280,215
18. Analysis of cash and cash equivalents
At the start
of the year Cash flows
Other
At the end
changes of Ihe year
Cash at bank and in hand
Total cash and cash equivalents
1,196,432
1,196,432
115,227
115,227
1,311,659
1,311,659
Page | 23

R￿NFORE$TFtsUNDA￿oH UK
NOTES TO ThE FINAPICVILSTATEMEtr4TS
FOR THE YEAR ENDED al DECEMBER2014
19. ReIt￿¢t•￿fVr￿i-M0v•Yrfll
1th24 Wlfvoml 31￿6?4
USAID. USAgBMtty Iw Intématthw
842.g34
1842.934
Norad. Nonvoglan
1473.6Jei
128.7
2023
Hplftn & MirhBol Hr¢swn TNII
0ikrt0i￿ 2
•i0*r￿VIe1nf￿C
23927
2023
Improviw |wdino￿ry
>J*i
251
20226
22 5tM)
rb8rdin DRC
JOS9
Rtsboul￿S L
Ma
22198
Jknttuts Foun¥￿￿12023)
Arruè Foyndthn IZ0241
Coryo
FT.355
i.JeD
Arrus FoundBbD
24
ornp&hir* Fowdivon IMonw•liw Fuur*4dwi
149
102210
22.J6J
H•mpbhirè FoMd81iOn IMon1WlW
15k,Oty)
166,64?
Id1 Famlty Found&tNin It11h ￿￿1)12024>
1.840
F$mity FOV￿￿(*11￿ PKwrlllQ241
19J.252
AFD. Agonce dv
105.49
2W.217
2023
2024
n4bl•thiMryili¢rlin lh• C
675))
437
Und•rA11￿1
Em
ffjORC
•* Inth•fvJw
11667
GwdE
26.748
TM
Ro58Hrch Gmbh
TMG R￿￿TrArr.h Gmbh 12n241
LHnd
t5.￿1
1IT.06B
T.E55
NelwiwK Fw Soc181 Ch
s4￿C￿1n FounO4illon
279Y

R￿NFORE$TFtsUNDA￿oH UK
NOTES TO ThE FINAPICVILSTATEMEtr4TS
FOR THE YEAR ENDED al DECEMBER2014
USAID. USAgBMtty Iw Intématthw
a40.4JO
1840.430
Norad. Nonvoglan
2rn.187
lJq6.2J71
9.391
2023
Hplftn & MirhBol Hr¢swn TNII
0ikrt0i￿ 2
•i0*r￿VIe1nf￿C
24 $42
94 740
2023
Improviw |wdino￿ry
128,481
25r
2SOth)
22
lar*Su8TaiMfA
lar*SubTai￿ltA
￿￿￿11 IDCAft
Ma
45 IJY
20 195
8583
Lé
Hkmp&hil& IM¢ntyèli¥
ZQ7.240
Arru& Foundthn
79.lJ3
1.I6D
2021
2023
Und•r&14￿1
UnthrJLIMI
knORC
9159
91S•
AFD. Fraryim Ji D•v*PP•Th4Tht
166
1054
TMG R•&&orch Gmbh
IDK
Fcrt&l& cthmrn￿IllII Cliwthem
47
82345
Good
léa F￿ntrAtI
F￿ndArIOn12022}
140.270
6.748
FtyS¢¢iw ¢hwfg812D2ZI
Erne41 Kknn¥¥gM CnwllEOl• T￿￿[120￿1
811￿￿•￿4 Trnil120211
13,38e
rth F￿fft
75
È2
447
RAinfoM&l U￿W￿ld41￿•ts M•Mth•cryinlMind
Rdnlorgsl UK IS p•Mrllh ￿￿￿110￿1 Lcth.