Docusign Envelope ID.. 387DB464-Fg83431B275FDACs8T47S4 Charity Registration No. 1138944 Company Registration No. 07028228 {England and Wales) THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
DtKaJslgn Envelope ID.. 387DB464-F9B3431(hB27>5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) LEGALAND ADMINISTRATIVE INFORMATION Registered charity name The Wildlife Aid Foundation Trustees M Cuthbert M Sahota Dr H Donald J Wck8S Charity number 1138944 Company number 07026228 Principal address & registered office Randalls Famhouse Randalls Road Leatherhead Surrey England Iff22 OAL Auditor Ward Wlliams Limited Belgrave House 3943 Monument Hill Weybridge Surrey Iff13 8RN Bankers HSBC Bank PIC Solicitors Bircham Dyson Bell and Pitmans 50 8roadway London SW1 H OBL Resident veterinary surgaon Raul Romero Reyes Linked Charity Wildlife Aid (Charity number 1138944-1)
Docusign Envelope ID., 387DB464-F9B34310.B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page Trustees annual report Independent auditoV5 report 9-11 Statement of financial activities 12 Balance sheet 13 statement of cash flows 14 Notes to the financial statements 15-30
Docusign Envelope ID.. 3e7DB464-F9B34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees, who are also direGtor5 for the purposes of company law, present their report and financial ststements for the year ended 31 December 2024. The financial ststements have been prepared in accordan with the aKounting policies set out in note 1 lo the financial statements and comply with the Wfildlife Aid Foundation's goveming document, 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 Fiepublic of Ireland (FRS 1021 (published in October 2019). Objectives and activities Objectives and aims The objectives of the Charity, as set out in Ihe memorandum and Articles of Association, are-. 1) The rescue, care and rehabilitation of British wild creatures of all kinds which are unable to fend for themselves for reasons of sickness, injury, abandonment or suffering. 2} The promotion for the benefit of the public of the wnseTvation, proteclion and improvement of the natural environment. including the natural habitat of British wild creaturès of all kinds, and the promotion of bio diversity. 3) The prornotion of hurrTane behaviour towards animals by"_ Educating the public in matters pertaining to animal welfare in general and the proteclion of wild animals and their natural habitat in particular, through all available media forms Providing advice. assistanc6, training and Support to memb&rs of the public andlor organisations who require such advice, assistan, training and support in connection with British wild animal welfarè and., Undertaking research into matters pertaining to British wild animal welfare in general and the protection of British wild animals and their natural habitat in particular. Publlc bonefit In meeting the Charity's objectives, the Mfildlife Aid Foundation's public benefit aim is to bring a greater awareness to the general plight of British wildlrfe and the need to provide the necessary protection Éo both ordinary and endangered species where required. The Charity's strategy is to promote this by broadcasting its message through various media platforms and its program of providing up to date information and talks on wildlife related matters. The achievement of its objective can be measured by the succes5 of its online presence and Youtube channel, which attracts considerable audiences worldwide. In the furtherance of these aims The Vifildlife Aid Foundation's Trustees have complied with Ihe duty in s.4 of the Charities Act 2011 to have due regard to the Charity Commission's published general and relevant sub-sector guidance conceming the operation of the Public Benefit requirement under thatAcl. Volunteers The Charity relies significantly on its unpaid volunteer work fr) who provide valuable assistants in njnning the daily operational and administration functions of the Charity, It is difficutt lo quantify the economic value thal these volunteers contribute to the charity- Their contribution is significant as without them, the Charity would not be able to fun¢tion as effactively as it does. The Charity would like to also pay thanks to a Considerable number of veterinary ¢onsultant$ who provided their serVIS to the Charity on a pro bono basis.
Docusign Erwelope ID: 387DB464-F9B34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achievoments and performanc8 Charitable actlvities The main areas of tharitable activity are the provision of all aspects of care. treatment and rehabilitation of all kinds of British wild creatures. In early 2018 the Charity finalised the purchase of a 20-acre site of land near to it5 current base with a view to developing a n8w, pUose-bu11t headquarters to replace the existing facilities which had become increasingly cramped and in need of replacemenL The Charity had already in August 2017 been granted planning pemiission by Mole Valley District to build the centre and the plans were also endorsed by c8ntral gov&mment. Initial development worf( on the site commenced towards the end of the financial year in December 2020, with phase 1 works conceming the groundworks, building platforms and wetlands continuing throughout 2021 and 2022. The Charity began phase 2 architectural wort<s during the 2022 year, and this has progressed since to phases 3 and 4. During the year, the Charity agreed an option to purchase the existing headquarter premises at Randalls Famihouse (see further details in note 12). As a Consequen of this, the Charity is now reviewing its overall development plans at the 20-acre site, to ensure the development is cost effective and sustainable for the future. 20-acres is a thriving wildlife corridor & wetlands, and the Charity is considering the next stages in its development. The Charity during the year continued with its fundraising efforts to build an appropriate designated reSee which will be used for the puOse$ of the above future plans and developments. Simon Cowell Simon Cowell, conservationist, founder, trustee and CEO of the charity, sadly passed away on 9th June 2024 after a brave battle with cancer. Simon was one of the UKS most respected ¢on8erv8tionistS 8nd a p8ssionate advocate for wildlife protection and environmental causes. He dedicated his life to British wildlife and worked tirelessly to ensure countless injured and orphaned anima18 were given a second chance in the wild through rescJJ&. dinical Ireatment. and rehabilitation. He campaigned relenlle8sly to raise awareness of the plight of wildlrfe and the importance of all species. Simon believed that every animal matters. He was Gommitted to redressing the damage man has done to the environment He was passionate about the importance of environmental education and hopeful for a future in which man respects and protects the nalural worfd. His loss will be greatly felt by his loved ones, 2-legged and 4-legged, alike. The Charity will continue to build on Simon's immense achievements, as it looks to build a betterworld for wildlrfe. Outreach The outreach of the Charity is based on informal education and informing the general public of the state of wildlife in general. An open day is held each year to advertise the work of the Charily and give similarly minded organisations a forum to explain their work. Accounts and administration The Charity could not survive without the support of its many volunteers whose dedication to the aims of the Charity is so much appreciated. In particular the Trustees would like to record their thanks to Brenda Ackenllan who deals with the accounts, administration and payroll. Since she first became involved with the Charity her lime commitment has grown substantially but she wntinues to deal with the increased workload with efficiency and good humour.
Docusign Envelope ID.. 387DB464-F9B34310-B27MFDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Fund raising events Fund raising is very important to The Wldlife Aid Foundation a5 thi5 is one way we increase publi¢ awareness of the Charity, gain new members and volunteers, and raise money to help us in our vital work. The team ol fundraisers have worked exceptionally hard during the year attending as many events as possible. At the end of 2017, we embarked on a capital fundraising project to build the Wildlife Aid Centre, which was to be the Charity's new headquarters comprising publicly accessible wetlands, an education centre and a state-of-the- art wildlife hospital and training centre. The projected costs of this new centre continued to increase in recent years however, forecast to be in the region of £12-£15million. Sinrk the year-end, the development plans ar8 b8in£ revised (see futur& plans section). Fundraising activity and strategy ha5 been guided by a fundraising committee which comprised cf professional capital fundraising experts and trustees. It is envisaged funds will be drawn from a range of sources including charitable trusts and foundations, corporale sponsors and high net worth supporters. Amongst the charity's various fundraisinglawareness campaigns and initiatives. is iDot (l Do One Thing). iDot is a oncept, developed by The Wildlife Aid Foundation, to represent the organisation'5 ethos in a more tangible way. The rolling out of iDot enables the charity to promote doing one action, every day, for the benefit of the environment, as well as Serving as a vehicle to discuss the charity and its work, as a whole, with outside entitie$ from schools, to groups, to corporates, to fvnders, to the general public. In line with current times, the Wldlife Aid Foundation is upping its engagement with so¢ial media as a significant fundraising stream by consulting with an expert in digital media and examining hitherto under-ulilised assets, including the UX of its website, as well as other digital avenues, including email marketing and Èthi¢al merchandise partnerships. The Wildlife Aid Foundation talks We currently provide tslks throughcut the year to all age groups especially youth groups such a8 Brownies and Scouts. The children and their group leaders are extremely receptive which we feel is very èncouraging. As a result of these tslks we re1ve money from fundraising events. Impact of The Wlldllfe Ald Foundation on the local and wider community Despite our increasing patient intake. The Wildlife Aid Foundation continues to achieve a high success rate of patients being cared for, treated and retumed to the wild successfully. The Wildlrfe Aid Foundation once again deaft with over 20.000 wildlife incident5 in the year which me to us from members of the public, RSPCA, emergency services and other organisations. We also receive a vast array of telephone enquiries from all over the country from both the public and professionals alike. W8 are able to give advice directty to the caller due to our improved telephone helpline and if we are unable to provide assistance to the casualty because it is too far away, we will endeavour to refer the caller to anoth8r centre in the caller's vicinity. The Charity is fortunate lo have aCsS to a variety of veterinary expertise, 24 hours a day, 365 days a year. We have a principal veterinary surgeon and a number of other specialists who are always willing to help out if we need their advice. Along this help and the unpaid workforce of over 300 volunteers, The Wldlife Aid Foundation continues to provide a successful service.
Docusign Envelope ID.. 387D8464-F9B34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Financial revlew Reserves policy The Trustee5 are satisfied with the perf0rrnan and state of the Charity. During the year the Charity generated income of £1,961,814 and expended £988.357 of its unrestricted fund. The investment property portfolio held by the Charily has been valued at £3.23 million based on available market data, which is similar to last year. This valuation is Consistent wilh the Current propety mart(et. At 31 December 2Q24 the reseNes of the Charity totalled £10,944,008 as shcmn on thè balance sheet at that date. The policy of the Trustees throughout 2024 was to build and maintain non-ring-fenced reseNes that enabled the Chartty to continue its work while also allowing it to begin time-critical elements of Ihe new centre, particularly infrastructure and the development of the wetlands. both of which need to be started and completed firsl in order for further phases to go ahead. The Reserves policy of the Charity includes having a cash reserve that could cover approximately 24 months of charitable aciivity expenditure. Based on these audited financial statements. this would be a minimum of £1.975.000. The Trustees feel that this level of reserves is necessary given the uncertain nature of a large portion of the Charity's income, which comes from bequests and legacies. In 2024 such income was £792,882, up from £168,279 in the previous year. This income is received on an ad-hoc basis and is unknown for future years, as it depends on legaGies/bequests being left in an individual's Will. The Trustees, therefore, require a large reserve fund to ensure that the Charity could continue its activities in any instance where there is a signific8nt drop in bequests and legacy income. The Reserves policy also ensures thal Ihe Charity has sufficient reserves to allow for unseen eventualities and costs. such as etcra animal housing, equipment, etc. The Covid-19 crisis is a perfect example Df where having a robust and prudent reserves level has helped ensure that WAF could weather the effects of this unexpected event, and continue operating on a financially sound footing. Currenlly the Charity is not in a position where its reserve levels exceed its requirement. This is because, as well as the required 24 months reserve for charitable activity expenditure, the Chatity at this time has also been required to build addits'onal reserves to cover succession planning, the purchase of the headquarter premises, refurbishment costs and the development at 20 acres. The Charity had been steadily building its reserve funds to enable the it to Continue and move premises in the situation where the CEO passes away, which sadly happened during the year. As at the 31 December 2024, the Trustees have designated £7,000,000 of the unrestricted reseryes for the purposes of Capital works concerning the development of Randalls Farm and 20-acres, with £905,673 expended on the project works and induded within assets under ¢onstru¢tion as at the year-end (see note 13). The Charity has looked to invest part of its reserves where possible into property assets that the Charity could sell as and when it requires the money quickly. These assets also genèrate additional income in the meanlime for the Charity, which can help to mitigate a drop in the Chaiity's income from legacies and bequests. This matter is discussed in note 21 to the accounts as a separate designated unrestricted fund has been created. Principal funding sources The Wldlife Aid Foundation is almcst entirely reliant on the goodwill and generosty of members of the public. With no government funding at all, arTd virtually no corporate support. the running costs of the CharFty are met ovemhelmingly through donalions by the public. The large majority of the Charity's income is from membership 5ubscriplions, bequests and legacies - with bequests and legacies making up the largest proportion. Other income is generated by merchandise sales, animal adoptions and a variety of other small fundraising initi8tives. Bequests have increased substantially in rent years but there is no guarantee that Ihey will continue. The Charity relies heavily on the vital work carried out by the unpaid volunteers without whom the Charity would not be where it is today.
Docuslgn Envelop8 ID.. 3870B484-F9B34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Investment policy and objectives The Trustees have wide powers to invest the Charity's monies in listed and unlisted investments, real and personal property. Such monies as are not required for the day to day running of the Chariiy have been invested short temi in the Money Market. During 2014, land was purchased in Leatherhead and in 2015 a Charity shop was bought, although this was sold in 2017 in order to finance the purchase of 3 new properties in the Leatherhead area for investment purposes (all 3 purchased during 20171. This was done due lo the better retum on money invested in propety in comparison to bank interest. The funds have been taken from the unrestricted fund. The designated fund is for the hospital building, and despite land being purchased in early 2018 (seé above) this project remains in its eat1ier stages and so the fund continue5 to be held at the year-end. In the 2021 year the Charity continued to expand its property investment portfolio, pur¢hasing a further 2 investment properties. This approach ensures that the charity is obtaining the best possible invesknent return on its reserves while maintaining a l¢)w risk approach to its investment strategy. Plans for future periods The Charity'5 future plan is to continue promotin9 Its objeclives and improve its facillties for providing medical care and protective shelter for injured animal5, One of the main priorities for the TTUStees is to ensure a sustainable future for the Charity. During the year, in May 2024, with the health of founder. CEO and trustee Simon Cowell rapidly deteriorating, the Charity entered into an option to purchase from Simon the land and buildings at Randa115 Fam, which 15 where the charity operates from, as well as being home to Simon and his family. An initial payment of £2DO,000 was made by the Charity to Simon order to secure this option, This option was triggered by the death of Simon in June 2024, and it has been exercised by the Charity. sin the year end, the Charity has completed on Ihe purchase of Randalls Farm with a payment of £1.9million to Simon's estale. The Charity will now need to incur significant refijrbishrnent costs to make the whole site fit for purpose. In addition, the Charity, given it has now secured ownership of Randalls Farm, is reviewing the overall development plan for the site at 20-acres, to ensure that development is cost effective and sustainable, and supports the main headquarters ofthe Charity which will now remain at Randalls Farm. The Charity continues to let the two bequeathed properties in Chessington and receives rental income. The Charily also receives rental income on the 5 properties purchased previously in the Leatherhead area. These properties were purchased in order to maximise the retum on the Charity's money, with a better retum avallable on property investments compared to bank interest in recenl yearfs (although recent increases in bank interesl rates have Changed this position in the last 12 months, and the Trustees a now reviewing this investment strategy). We believe that The Wldlife Aid Foundation is uniquely placed to make a positive impact on public education by following the ethos of Agenda 21 and the concept of Ihinking globally, acling locally Thank5, in a large part, to th6 success of the TV series Wildlife SOS and our social media chann8ls which hav6 enabled us to reach a wider (national and intemational) audience, the scope of the Charity's work has in recent years broadened to encompass the following.. Partnering with other wildlife ntreS and charities (UK wide and worldwide),. Campaigning on relevant wildlife issues., Educating the public and especially the younger generation-, and Communicating to audiences UK- wide and worldwide through intemet and soci81 media.
Dowsign Envetope ID,, 387DB464-F9B3431 B275_sFDACS8747S4 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Strncture. govemance and management The Wldlife Aid Foundation is a company limited by guarantee and not having a share capital. The Charity is govemed by its Memorandum & Artides of Association and was incorpcrated on the 29th September 2009. The Wildlife Aid Foundation COMMend operations on 1 April 2011 when Wildlife Aid, a registered Charity, transferred its unrestricted funds to The VVThldlife Aid Foundation under a transfer agreemerrt dated 30 March 2011. Wildlife Aid was formed by a declaration of trust dated 18 August 1987 and the Trustees decided to form a new Charitable Company with broader charitable objectives than the original Charity as the means to take fOard the work of Wldlife Aid in ch8nging arcumstances and to afford the Trustees greater protection in accordance with recent legislation. This was done in light of developments within Ihe UK charilable sector generally, and specifically on the advice of the Charity's legal advisers. Permission was sought land obtained) from the Charity Commission to transfer the assets of the old Charity (Wildlrfe Md) to the new Charitable Company (The Wfildlife Aid Foundation). The Trustees, who are also the directors for the pUoSe of company law, and who seNed during the year were.. M Cuthbert N Harding M Sahota Dr H Donald J Wckes The Lats Mr Simon Mamell Cowell (Resigned 16 January 2025) (Resigned 9 June 2024) ReGrultment and appointjnent of new Trustees The Trustee5 are appointed according to their various skills and knowledge of the aims and aspirations of the Charity. The Trustees include the founder Trustee with his personal experience of the protedion and treatment of wildlife. In addition the Trustees possess signTficant business and financial skills which Golleclively and individually provide expertise in all areas. New Trustees are appointed by the existing Trustees wilh no spectfied period of service. The Trustees meet every 3 to 4 months and at other times by arrangemenl should the Charity's business so require. The Truslees are chosen because of their interests in supporting the Charity's aim of rescuing and Caring for wild animals. As it is a small organisation, there is no direct training given bLrt with their wealth of experience and links with other animal welfare organisations and advisors on veterinary support, the Trustees are able to add valuable support to the decision making process of the Charity. New Trustees are chosen for their ability to promote and continue the Charity's aim and provide support with its day to day activities and decision making process. Risk management The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in pla to provide reasonable assurance against fraud and error. At each Trustee meeting a review of the risks to which the Charity is exposed is dlscussed and considered. Reporting procedures are in place which ensures compliance with health and safely standards for staff and visitors. The Trustees review the major risks to vthich the Charity is exposed each year when reviewing and up- dating their strategic plan and take such steps as they consider necessary and reasonable to mitigate their impacl.
Docusign EnvelDpe ID.. 387DB464-F9834310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Organlsatlonal structure The day-to-day Operations of the Charity, following the passing of founder Truslée S M Cowell. are delegated to the management team of the Charity, who stay in regular contact with the Trustees about matters arising. If necessary, the individual skills of the Trustees are available if needed for particular assignments. The Charily's main operatiDnal and financial decisions are made by the Trustees. The Charity receives signrficant help from unpaid volunteers in resped of the day to day running of its actiVaS and this is sUpeIsed by its employees in conjunction with the management team of the Charity. Induction and training of new Trustees The Trustees are familiar with the practical work of the Charity. They have aC$S lo charity literature and detailed discussions at meetings about the wort< undertaken and aspirations of the wort( the Charity expects to carry out. Related parties S M Cowell was a related party under the provisions of "Accounting and Reporting by Charities., Statement of Recommended PractiGe (published October 2019)" (Charities SORP 2019 (FRS102)), by virtue of his role 89 Managing Trustee and a grantor of the licen to the Charity whereby it occupies part of the property and land at Randalls Farmhouse which is also the residence of S M Cowell and his family. The transactions which constitute 'related party transacti¢ns' pursuant to the SORP are detailed in note 25 to the accounts for the year to 31 December 2024. statement of Tru8tee8 responsibilities The Trustees, who are also the directors of The Wildlrfe Aid Foundation for the purpose of company law, are responsible for preparing the Trustees Report and the finanaal statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the Trustees lo prepare financial statements for each financial year whith give a true and fair view of the state of affairs of the Imldlife Aid Foundation and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistenlly,. observe the rnethods and principles in the Charities SORP- - make judgements and estimates that are reasonable and pwdent,. and prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the Idlrfe Aid Foundation will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose wlth re3sonable accuracy at any time the financial position of the Wildlife Aid Foundation and enable them to ensure that the finanual statements ¢omply with thè Companies Act 2006. They are also responsible for safeguaréing the assets of the Idlife Aid Foundation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Docusign Envelope ID- 387DB464-F9B34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Auditor The auditor, Ward Wlliams Limited, is deemed to be reappointed under section 487{2) of the Companies Act 2006. Disclosure of information to auditor Each of the Trustees has confirmed that there is no infonnation of which they are aware which is relevant to the 8udil, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant infomation and to establish that the auditor is aware of such infonnation. The Trustees report was approved by the Board of Trustees. 8vJned by: J Wlckes Dated: . 29-Sep-25
DocusSgn Envelope ID: 387DB464-F9B34310-B2754FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE WILDLIFE AID FOUNDATION Opinion We have audited the financial statements of The Wildlife Aid Foundation for the year ended 31 December 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial slatements. induding a summary of significant accounting polici88. 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 Iland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. giv8 a true and fair view of the state of the charitable company's affairs as at 31 December 2024 and of its incoming resources and application of reSoUs, for the year then ended- have been properly prepared in accordance with United lfjngdom Generally Accepted knounting Practice. and have been prepared in accordance with the requirements of the Companies Ad 2006. Basis for opinion We ccnducled our audit in accordance with International Standards on Audtting (UK) (ISAS (UK)) and applicable law. Our responsibilities under those stsndards are further described in the Auditols rEsponsibililies for the audit of the acGounts section of our report. We are ind8pendent of The Wldlife Aid Foundation in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in a¢¢ordance with these requirements. We believe Ihal the audit eviden we have obtsined is sufficient and appropriate to provid8 a basis for our opinion. Conclusions relating to golng concern In auditing the financial statements, we have wncluded that the trustees, use of the going conrn basis of accounting in the preparation of the finanoal statements is appropriate. Based on the work we have performed, we have not identified any matèrial uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Ihe charitable company's abilily to continue as a going concem for a period of at least e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the tTUStees with respect to going ¢on¢em are described in the relevant sections of this report. Other Inforniatlon 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 dces not cover the other information and we do not express any form of assurance ¢onclusion Ihereon. In connecticn with our audit of the finanaal statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially in¢onsislent with the financial stalements or our knowledge obtained in the audil or othenmse appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detemiine whether there is a material misstatement in the financial statements or a material misstatement of the other infom1ation. 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.
DDcu8ign Envelope ID.. 3870B464-F9B34310-B27&5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE WILDLIFE AID FOUNDATION Matters on which we are required to report by exceptlon In the light of the knowledge and understanding of the Wildlife Aid Foundation and ils environment obtsined in the course of the audit, INe have not identified material misststements in the directors, report included within the Trustees report. We have nothing to report in respect Df the following matters in relation to which Ihe Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: the information given in the financial 8t8tement8 is inconsistent in any material resped with the Trustees report; or sufficient accounting records have not been kept", or the financial statements are not in agreement with the accounting records., or certain disclosures of trustees, remuneration specified by law are not made. or we hav8 not received all the information and explanations we require for our audit. Responslbilitles of Trustees As explained more fully in the statement of Trustees responsibilities, the Trustees, who are also the directors of The Wildlife Aid Foundation for the purpose of company law, are responsible for Ihe preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstaternent. whether due to fraud or error. In preparing the financial statem8nts, the Trustees are responsible for assessing The Wldlife Aid Foundation's ability to continue as a going concern, disclosing, as appliGable, malteTS related to going concem and using the going concern basis of accounting unless the Trustees either intend to liquidate the tharitable company or to ase operations, or have no realistic alternative but to do so. AuditoVs responsibilities for the audlt of the flnanclal statements We have been appointed as auditcrs under section 144 of the Charities Act 2011 and report in accordan with the Act and relevant regulations madè or having effect thereunder. Our cbjectives 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 deted a material misstatement when it exists. Misstatement5 can arise from fraud or eor and are considered material rf, individually or in the aggregate, they could reasonably be expected to influence the eGonomic decisions of users taken on the basis of these finanaal statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. Vve design procedures in line wilh our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregvlarities, including fraud. is delailed below. We trbtained an understanding of the legal and regulatory frameworks applicable to the charity and the sector in which they operate. We determined that the following were mosl significant.. the Companies Act 2006, the Charities Act 2011. We obtained an understanding of how the charity are cornplying with those legal and regulatory frameworks by making inquiries to thé management of thè charity. We corroborated our inquiries through our review of correspondence during our audit work. 10-
THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE WILDLIFE AID FOUNDATION We assessed the susPtIbil1tY of the chanty's financial statements to matenal misstatement, induding how fraud might occur. Audit procedures performed included= • identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud., understanding how those charged with govemance considered and addressed the potential for override of controls or other inappropriate influence over the financial r8POrting proc8SS, challenging assumptions and judgements made by management in it's significant accounting estimates., identifying and testing journal entries, in particular and journal entries posted with unusual account combinations,. and • assessing the extent of compliance with the relevant laws and regulations. Because of the inherent limitations of an audit, there 18 a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more thal compliance with 8 law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities accurring due to fraud rather than error, as fraud involves intenlional concealmenl. forgery. collusion, omission or mlsrepresenlation. A further description of our responsibilities for the audit of the financial 5tateTnent5 is located on the Financial Reporting Council's website at.. httP:l.frc.Org.uk1audI1OrSre$pQnSlb1lltle$. This description forms part of our auditor's report. Use of our report This report is made solely to the charity's trustees, a5 a body, in accordance with part 4 of the Charities (A¢count8 and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees thos8 matters we are required to state lo them in an auditors, report and for no othèr purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other Ihan the charity and the charity's trustees a5 a body, for our audit work, for this report, or for the opinions we have formed. Colin Hamilton (Sènior Statutory Auditor) for and on behalf of Ward Wllllams 29 September 2025 Chartered Accountants Statutory Auditor Belgrave House 39-43 Monument Hill Weybridge Surrey, KT13 8RN Ward Williams Limited is eligible for appointment as auditor of The Vthldlife Aid Foundation by virtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006 11
DDcusign Envelope ID.. 387DB4WF9B3431 thB27&5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Not08 Donations and legacies Charitable activities Investments 1,547,558 124,677 289,579 880,848 74,033 294,869 Total Income 1,961,814 1,249,750 Ex ndi Raising funds 61.013 74,260 Charitable acttvitie$ 924,11S 895,721 (Profit)ILoss on disposal of tangible fixed asset 10 3,229 Total resourcos oxp8nd8d 988,357 969,981 Net gainsl(losses) on investments (15,000) Net income for the yearl Net movement in funds 973,457 264,769 Fund balances at 1 January 2024 9,970,549 9.705,780 Fund balances at 31 December 2024 10,944,006 9.970,549 The ststement of financial adivities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial aclivities also complies with the requirements for an income and expenditure account under the Companies Act 2008. 12-
Docusign Envslope ID: 387DB484-Fg834310-B27>5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Fixed assets Intangible assets Tan9ible assets Investment properties 12 13 14 406,066 1.349,396 3,229,032 1,323,577 3,229,032 4,984,494 4,552,609 Current assets Stocks Debtors Cash at bank and in hand 16 17 12,134 120,893 5,901,311 19,593 176,788 5,347,619 6,034,338 5,544,000 Creditors: amounts falling due within one year 18 (74,826) {126,Q60) Net cuThent assets 5,959,512 5,417,940 Total assets less current Ilabllltles 10,944,006 9,970,549 Income funds Unrestricted funds Designated funds General unrestricted funds 21 7,000,000 3,944.006 7,000,000 2,970,549 10,944.006 9,970,549 10,944,006 9.970,549 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 29-Sep-25 The financial statements were approved by the Trustees on ............. J Wckes Trustse Company Registration No. 07026228 13-
Docusign Envelope ID- 387DB464-F9B34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations 26 733,753 18,826 Investing activities Purchase of intangible assets Purchase of tangible fixed assets Proceeds on disposal of tangible fixed assets Purthase of investment propety Interest reIved and income from other fixed asset investments (406,066) (64,607) (100,908) 355 (2,818) 289.579 294.869 Net cash (used in)Igenerated from investing actlvlties (180,739) 191,143 Financing activities Repayment of bomwings 678 Net cash generated froml(used In) rinancing activitios 678 Net incrpase in cash and cash equivalents 553,892 209,969 Cash and cash equivalents at beginning of year 5,347,619 5,137,650 Cash and cash equivalents at end of year 5,901,311 5,347,619 14-
Docusign Envelope ID.. 387DB46&F9B34310-B2754FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢countlng pollcles Company Informatlon The Wildlife Aid Foundation is a private company limited by guarantee incorporated in England and MÈle5. The registered Offi is Randalls Farmhouse, Randalls Road. Leatherhead. Surrey, England, Fa22 OAL. 1.1 Accounllng conventlon The accounts have been prepared in accordance with The Wildlife Aid Foundation's governing document, the Companies Act 2006 and 'Accounting and Reporling by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Fiepubli¢ of Ireland (FRS 1021" (published in October 2019). The Wldlife Aid Foundation is a Public Benefft Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to providè a true and fair view. This departure has involved tollowing the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since b88n withdrawn. The accounts are prepared in sterling, which is the functional currency of The Wildlife Aid Foundation. Monetsry amounts in these financial statements are rounded to the nearest £. The finanaal statements have been prepared under the historical CDSt convention. modified to include investment properties al fair value. The principal accounting policies adopted are set QLrt below. 1.2 Going GonGern At the time of approving the financial statements, the Trustees have a reasonable expectation that The Wildlife Aid Foundation has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concem basis of accounting in preparing the financial st8tements. 1.3 Charftsble funds Unre5tri¢ted funds are available for use at the discretion of the Trustees in fvrtheran of their chaiitable objectives unle55 the fund5 have been designated for other purposes. Designated funds are funds set aside for a particular project, these are not restricted. Further explanation of the nature and purpose of each fvnd is induded in the notes to the financial statements. Restricted funds Can only be usèd for particular restrictèd purposes within the objects of the Charity. Restrictions arise when specified by the donor or en funds are raised for particular restricted purposes. 1,4 Incomlng resource$ Income is recognised when The Wildlrfe Aid Foundation is legally entitl6d to it after any performan conditlons have been met, Ihe amounts can be measured reliably, and it is probable that income will be received. SubscTiplioris and donations which are voluntary payments are taken into account in the year in which they are received. Legacies are brought inlo account once they are known to be unconditionally receivable and can be measured reliably. 15-
Docusign Envelope ID.. 387D84WF9B34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles (Continued) Donated seNiGes and facilities Donated professional services, donated facilities and other gifts In kind are recognised as income when the charity has control over the item, any conditions associated with the donal8d item have been met, the receipt of economic from the use of the item is probable and that the economic benefil Can be measured reliably. In accordance with the Charity SORP {FRS102) the time of volunteer workers is nat reflected as income or expenditure in the accounts. Life m&mbership subscriptions are treated as incoming resources of the year in which they are received and induded under the heading subscriptions, Income tax repayments are re¢ognised in the year in which they are redaimed. 1.5 Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. lthere costs cannot be diredly attributed to particular headings they have been alloGated to activities on a basis consistent with the use of resources, The wildlife hospital operated by the Chaiity is conducted from a property owned and partly occupied by the managing TTU8tee and his family. The common costs have been allocated between the Charity and the managing Trustee in proportions adopted by the Trustees. The costs of maintaining the hospital est8blishment are allocated between (i) management and administration and (it) expenditure in pursuit of charitable objects as set out in note 7. Allo¢atlon and apportionment of costs The Trustees have considered the need to provide an analysis of 8UPPOrt costs. This analysis would allocate the administrative wsts of running the Charity between speclfic activities which are income from gffts and donations, fundraising, governan¢e and information on the Charity. Given the size and Structure of Ihe charity it is felt that it would not be possible to provide a clear delineation of the costs beeen the various aciivities as there lends to be an overlap between the tategories concemed. 1.6 Intangible fixed assets other than goodwill Inlangible assets acquired separately from a business are recognised at cost and are subsèquently measured at cost less accumulaled amortisation and accumulated impairment losses. Inlangible assets acquired on business combinations are recognised separately from goodwill at the a¢quisition date where it is probable that the expected future economic benefits that are attributsble to the asset will flow to the entity and the cost or value of the asset can be measured reliably,. the intangible asset arises from contractual or other legal rights", and the intangible asset is separable from the entty. No amortisalion has be8n recognised on the option agreement during the year as it is likely to be realised in the following period. 16
Dorusign Envelope ID., 387DB464-F9B3431 [>B27FDACsB747S4 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting poliGies (Continued) 1.7 Tangible fixed as88ts All fixed assets are initially recorded at cost. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on Ihe following bases- Hospital and office building lrnprovements to property Fixtures, fittings and equipment Plant and machinery Motor vehicles 25% on cost 25% on Cost 200/0 on cost 15% on cost 200h on reducing balance Freehold land is not depreciated. The gain or loss arising on the disposal of an asset is determined as the difference beleen the sale proceeds and the carrying value of the asset. and is recognised in net incomellexpenditure) for the year. Hospital and Office Building - The Charity has built a purpose built hospital and accompanying office facilities to provide a pemianent and improved facility for the treatment and care of wildlife. The new building is pable of being dismantled and re-sited to an attemative location, ffi requid. 1.8 Investment properties Investment properties are initially recorded at their transaclion value and are subsequently measured at their fair value at the tsalan sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year. 1.9 Stocks Stocks of merchandise are estimated, based on the lower of cosl and net realisable value. Medical stocks are treated as short-life consumables and no value is attributed to them at the balance sheet date and are expensed in Ihe year they are purchased. 1.10 Cash and cash aquivalonts Cash and cash equivalents include cash in hand, deposits held at call wbth banks, other ShOrt-te liquid investments with Original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.11 Financial instrumants The Infildlife Aid Foundation has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in The Wildlife Aid Foundation's balance sheet when The Wldlife Aid Foundation becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the IlabS1Sty simultaneously. 17-
Doous¢gn Envelope10.' 38708464-F9B34310.B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcies (Continued) 1.12 Taxatlon The Charity is exempt from tax on its charitable aclivities. Value added tax Is not recoverable by the Chartiy and as such is included in the relevant in the Ststement of Financial Aclivities. 1.13 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when The Wldlife Aid Foundation is demonstrably commilted to temiinate the employment of an employee or to provide termination benefits. 1.14 Retirement benefits Payment5 to defined contribution retirement benefit schemes are charged as an expense as they fall due. 1.15 Leases Rentals payable under operating leases. including any lease incentives received. are charged to income on a straight line basis over the term of the relevant lease. Donations andlggacies 2024 2023 Donations Donations from Wildlife Aid Bequests and legacies Member subscriptions Masonic Charitable Foundation 664,769 64,131 792,882 25.776 598,046 68,776 168,279 28,701 17,046 1,547,558 880,848 Charitable activities MÈr¢handise income Adoption5 Medicine sales Proceeds of open day Total 2024 Total 2023 Sales within charitable activities 24,309 63,770 6.730 29,868 124,677 74,033 18-
Docusign Envelop6 ID= 387DB464-FgB34311>B27&5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Invostmonts 2024 2023 Income from UK investment properties Bank intarest recèivable 131,219 158,36D 122,762 172,107 289.579 294.869 Raising funds 2024 2023 Tradin cosls Purchase of goods for resale 35,397 30.313 Inveslment propety management ¢osts 25,616 43,947 61,013 74,260 19-
DocLtsign Envelope ID.. 387DB464-FgB34310-B275-5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charltable actlvltles Support costs Dlrect animal r88cue and hospital care costs Totsl 2024 Totsl 2023 Staff costs Depreciation and impaiment Establishment expenditure (See note 7> Insurance Animal food and medicines Advertising Animal rescue ¢ostS Markettng, media seNices & fundraising consultancy Computer expenses Telephone Hospltal supplies, hire and purchase of equipment Bank and Paypal charges Newsletter piinting, postage and stationery Legal, professional and consultancy fees Websité éxpenses Book-keeping fees Sundri&s 159,878 245.634 35,203 55,740 405.512 35,203 69,675 27,426 28,650 4,014 16,301 40,606 48,038 5,754 66,571 17,574 23,233 57,297 28,571 16,920 19,068 399,287 29,732 103,298 25,611 22,832 5,071 21,752 45,555 47,337 5,517 62,101 11,478 29,910 40,903 5,753 18,218 8,556 13,935 27,426 28,650 4,014 16,301 40,606 48,038 5.754 66,571 17,574 23,233 57,297 2B,571 16,920 19,068 462.314 448,099 910,413 882,961 Share of governance costs (see note 8) 13,702 13,702 12,780 476,016 448,099 924,115 895,721 Analy$ls by fund Unrestricted funds 476,016 448,099 924,115 476,016 448.099 924,115 For the year ended 31 December 2023 Unrestricted funds 434,841 460,880 895,721 434,841 460,880 895,721 20-
DocusiGn Envelope ID.. 387DB484-FgB3431 B27&sFDACS8747S4 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Establlshment Expenditure Total 2024 Total 2Q23 Rent Repairs and maintenance Light, heat, water and rates 24,800 9,691 35,184 60,000 2,928 40,370 69,675 103,298 As in the previous year, the above establishment expenditure has been allocated as follows,, Hospital - 80010 - Office- 200 Govemance Costs 2024 2023 Basis of allocation ees paid to auditors Legal and professional 11,770 1,932 9,310 Govemance 3,450 Govemance 13,702 12,760 Analysed between Charitable activities 13,702 12,760 Govemance costs indudes payments to the auditors of £11,770 (2023- £9,310) for audit fees (£8,940) and non audit services (£2.8301. 21
Docusign Envelope ID.. 387DB464-F9834310-8275-SFDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Employees Number of employees The average monthly number employees during the year was.. 2024 Number 2023 Number Hospital & veterinary staff Administrative staff Employment costs 2024 2023 Wages and salaries Locum costs Social security costs other pension costs 306,769 65,790 26,366 5,587 298.866 70,840 25,345 4,23e 405,512 399,287 The number of employees whose annual remuneration was £60,000 or more were.. 2024 Number 2023 Number £60,000 to £69,999 10 Profit on disposal of tangible fixed asset 2024 2023 Net (profft)Iloss on disposal of tangible fixed assets 3,229 11 Net galnslllossesl on investments 2024 2023 RevaluatiDn of investment properties (15.000) -22-
Docusign Envelope ID.. 387DB46tsF9B34310-B27&5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 Intanglble fixed assets Qption Agreemen¢ Cost At 1 January 2024 Additions- intemally developed 406,066 At 31 December 2024 406,086 Amortlsation and impainnent At 1 January 2024 and 31 December 2024 Carrying amount At 31 December 2024 406,066 At 31 December 2023 The charitable company ha5 purchased an option agreement to purchase the site at Randalls Fam, the purchase of which will take place 15 days after probate is granted to Mr Cowell's estate. -23-
DocJJ51gn EnvthFe10' 387D484-FgBJ1fyB27FDACS8747S4 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS {GONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 13 T8nglble flxed a386ts FRBhL4d land A5$0ts & hdIng$ ¢rJnJtNcllon P14nt4nd ma¢Nn•ry Total ttlngj S ¢quTrpmenl Cost At 1 January 2024 AdditiDns Oi8posals 608,546 31,691 902,328 3,?45 26,09B 194,26 29,571 41.175 1.772.413 64.fjD7 15.6001 15.6001 At 31 December2024 840,237 905,673 26,098 223,837 35,575 1.831.420 DEprecla11rffl and Impa1*Tht At 1 Janu¥y 2024 Depreation chsryed In the year Eliminated in respecL ol dispoyals 239,904 12,223 15,268 3.000 163,477 18.500 30,187 1,481 12,0161 448.836 3S.204 12,0161 At 31 Dember 2024 2S2,127 18.288 181,977 2g,652 482.024 Carrylng arnount At 31 December 2024 386.110 905,6n 7.890 41.860 5,923 1,349,396 At 31 DecÈmber 2023 368,642 902,328 10.8ao 3D,789 10,988 1,323.577 .24-
DocLtsign Envelope ID., 387DB464-F9B3431 B275-sFDACsB747S4 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Tangible fixed assets (Continued Assets under constructlon above relate to the development of a 20-acre site near lo Ihe charity's current base. Initial development works commenced in 2020 regarding phase 1 of this project. which involves groundworks, building plalforms and wetland works. These phase 1 works were completed, with phase 2 architectural Works commencing during 2022 and further phases following in the prior year. The development remained ongoing at the year-end, and plans are now being reviewed to decide on the next stages for this project. 14 Investment proporty 2024 Fair value At 1 January 2024 and 31 December 2024 3.229,032 The investments carried fonNard relates to 7 properties in total. Firstly it indudes two properties in Chessington which wer2 given as a legacy to the Charity in previous years,. The historic cost is the probate value of the properties. Renovation works were carried out on these properties in previous years and the costs were capitalised. The fair value of the properties has increased in recent years as a result of the renovation works and general increases in the residential propety maF*et. In 2017, the Charity purchased an additional 3 properties, all in the Leatherhead area. These properties were purchased for investment purposes. In 2021, the Charity has purchased an additional 2 properties, again all in the Leatherhead area. These properties were also purchased for investment purposes. At the year-end the properties were va5ued to £3,225,000 {2023'. £3,225,000) by the Board of Trustees, which includes an expert in property matters. The only addition to this valuation relates to professional fees incurred of £1,214 in 2022 and £2,818 in the prior year conceming the acquisition of the freehold to 9B St Johns Road Leathèrhead. an existing investment property. If investment properties were stated on an historical Cost basis rather than a fair value basis, the amounts would have been included as follows.. 2024 2023 C05t Accumulated depreciation 2,449,755 2,449,755 Carrying amount 2,449.755 2,449,755 -25-
Docuslgn Envelope ID.. 387DB464-F9B3431 (kB27MFDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 Flnan¢ial Instruments 2024 2023 Carrying amount of financial assets Debt instruments measured at amortised cost 50,277 43,721 Carrying amoutrt of flnanclal Ilabllltles Measured at amortised cost 64,91D 106,994 16 stocks 2024 2023 Finished goods and goods for resale 12,134 19,593 17 Debtors 2024 2023 Amounts falllng due wlthln one year: Trade debtcrs Other debtors Prepayments and accrued income 7,644 42,633 7Q,616 2,937 40,784 133,067 120,893 176,788 18 Croditors: amounts falling duo within one year 2024 2023 Directors loan account Other tsxation and soctal security Trade Greditors Othèr creditors Accruals and defeed income 396 19,066 72,715 91 33,792 9,916 31,668 1,663 31,579 74.826 126,060 19 Retirement benefit schemes Defintsd contributlon schemès The Wildlife Aid Foundation operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from Ihose of The Wildlife Aid Foundation in an independently administered fund. The charge lo income or expenditure in respect of defined contribution schemes was £5,587 (2023 - £4,236). 20 Restricted funds There were no Testricted income fvnds at either year end.
Dopjsign Envelope ID.. 387DB464-F9B3431 thB27&5FDAC5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 21 Designated funds The income funds of the charrty include the following designated funds which have been set aside out of unreslricted funds by the twstees for specific purposes.. Movement in funds Incoming Resources Balance at 31 resources expended December 2024 Balance at 1 January 2024 Designated capitsl fund 7,000,000 7,000,000 7,000.000 7,000,000 The above funds have been designated by the Trustees for use concerning the development works at 20- acres, which originally had been plannèd to become a permanent hospital and new headquarters for the Charity, with initial works beginning in December 2020 (see note 131. These plans have been revised sin the year-end, vvith the Charity now agreeing an option to purchase the existing headquarters site at Randalls Fam. The above designated funds will therefore be used for the purchase of thè land and buildings at Randalls Farm, which will cost £1.9million, together with the significant refurbishment costs that will be required to make the whole site fit for purpose for the future. The designated fund will also be used for the continued development of the 20-acre site, with those plans now being reviewed to ensure the development is cost effective and sustainable. 27-
Docusign Envelope ID.. 387DB464F9B34311>B275-5FDAG5874754 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 22 Operating lease commitments At the reporting end date The Wildlife Aid Foundation had outstanding commitrnents for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 2024 2D23 Within one year Btheen two and five years In over five years 3,588 8,970 18,588 12,558 5,980 12,558 37,128 23 Company Limited by Guarantee The Charity is a company limited by guarantee and therefore has no share capital. The liability of the guarantors. who are the members. is limited to £1 each. 24 Related party transaetlons Remuneration of key management p8Ysonn81 The remuneration of key management personnel is as follows. 2024 2023 Aggregate compensation 62,530 Staff costs include remuneration paid to S M Cowell, who as noted in the Trustees Report, sadly passed away during the year. Wthout his vision, drive and dedication the Charity would not have existed. However, the level of commitment required to run the Charity 24 hours per day. 7 days per week meant that Mr Cowell had little opportunity to generate a private income through employment of another enéeavour. For Ihis reason, the Trustees sought land obtained) permission from the Charity Commission tc pay S M Cowell a salary to make it possible for him to dedicate himself to working exclusively for the Charity. He was paid an annual gross salary of £28,480 (2023.. £82,530) and reiVed no benefits in kind. For this salary, S M Cowell was on call 24 hours per day, 7 days per week and lived on the Site of Ihe wildlife hospital, providing regular out of hours care and emergency cover. The Trustees represent the key management of the Charty. The remaining Trustees give their time generously and without remuneration or benefit. No expenses are paid to Trustees (other than as outlined below, with reference to forrner trustee S M Cowell) during either year. Total remuneraticn for key management personnel is £72,157 (2023- £99,040). During the year, the Charity received donations totalling £64,131 12023-. £68,776) from Wldlife Aid, a Charity which is controlled by the Trustees. At the year-end a balance of £900 wa8 owed to the Charity by Wldlife Aid (2023.. £4,335> 28-
Do¢uslgn Envelope10.' 387OB46¥F9B3431B275FDACS8747S4 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE> NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 24 Related party transactions (Continued) Fomer trustee, S M Cowell, was a related party in relation to transactions involving the Charity, until his passing in June 2024. a) Rent.. The Charity occupies part of the property owned by S M Cowell at Randalls Farmhouse, Randalls Road, Leatherhead. Under a licence granted by S M Cowell. rent paid during the year ending 31 December 2024 was £24,80012023: £60,000). b) Reimbursed Expenses: Expenses reimbursed to S M Cowell amounted to £577 (2023: £63). c) Shared ServiGes: Because the Charity is based on the private property of S M Cowell. there are a number of services shared by the Charity and S M Cowell which are included in thè accounts on the basis of agreed apportionment af costs. The apportiontnent allocated to S M Cowell by the Charity is as follows.. Gas- 30% cf bill Electricity- 15V/. Water- 10% Phone- based on usage During the year ending 31 Dernber 2024 a total of £3,787 {2023'. £6,687) was charged to S M Cowell for his private share of these utilities. At 31 December 2024 Mr Cowell was owed £nil by the Charity (2023.. £396). d) Remuneration.. Induded within Offi staff salaries are payments to S M Cowell's daughter, who is employed by the Charity and dedicates all her available Working time, and more, lo The Wildlife Aid Foundation. Thi5 remuneration was for administrative and other charitable duties carried out during tha yaar. Her employment has been approved by the Trustees and her annual salary for the year ending 31 December 2024 amounted to £43,687 (2023.. £36,510) with pension contributions of £1,123 {2023'. £888) and no additional benefits in kind. This remuneration is Consistent wth Ihe duties required and is equivalent tc the amount that would be paid to an unrelated party for the same responsibilities. e) Rental income.. One of the inveslment properties is rented to S M Cowell's daughter, at a market rate of £12,000 per annum (2023.. £11,800). In addition tc the above transactions relating to S M Cowell, the Charity appointed two new Trustee5 in March 2018. both of whom already provided the Charity with professional serwices for which they were paid a marf(et rate. The Board of Trustees considered this before their appointment and concluded that they were satisfied that the tr40 new Trustees in question were the best people to do their respective paid work. It was also agreed that duties undertaken by them within their Trustees, position would not bè charged for. As a result of the above, during the year. TTUStee N Harding reiVed £200 (2023= £1,625) for public relations consultancy services provided. 25 Linked Charity Wildlife Aid (Charity number 113B944-1) is a linked tharity which has the same charitable objedives of The Wildlife Aid Foundation and is controlled by the same Trustee board. It held £nil reserves as at the 31 December 2024 (2023.. £nill with all donations transferred across to The Wldlife Aid Foundation aceoréingly. The Infildlife Aid Foundation is showing net income of £64,131 (2023.. £68.7761 relating to donations received by Wildlife Aid during the year, net of costs totalling £240 relating to bank charges. This is shown in note 2 of these accounts. -29-
Docusign Envelope ID, 387DB464F9B3431 B27&SFDACS8747S4 THE WILDLIFE AID FOUNDATION (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 26 Cash generated from operatlons 2024 2023 Surplus for the year 973,457 264,769 AdjustTnents for". Investment income recognised in Statement of financial acttvities Loss on disposal of tsngible fixed assets Fair value gains and losses on investment properties Depreciation and impairment of tangible fixed assets (289,579) 3,229 (294,869) 15,000 29,782 35,203 Movements in worf<ing capital: Decreasel(increase) in stOL*s Decrease/(incraase) in debtors (Decrease}lincrease in creditors 7,459 55,895 (51,911) {5,490) (7,074) 16.708 Cash generated from operations 733,753 18.826 -30-