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2022-12-31-accounts

BRITISH CHELONIA GROUP FINANCIAL STATEMENTS 31 DECEMBER 2022

Charity Number 1140830 Company Number 07541800

BRITISH CHELONIA GROUP FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

Contents Pages
Reference and administrative information 1
Trustees Annual Report 2 – 6
Independent Examiner’s Report 7
Statement of Financial Activities 8
Summary Income and Expenditure Account 9
Balance Sheet 10
Notes to the Financial Statements 11 – 18
The following pages do not form part of the financial statements
Non Statutory Pages 19 – 20

BRITISH CHELONIA GROUP REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 DECEMBER 2022

Trustees (who are directors for the purpose of company law)

Mrs H. Fenwick ( Newsletter Editor Appointed February 2011
and Chairperson since 2012) Re-elected July 2014, July
2018 and July 2021
Ms A. Rowberry (Conservation Officer Appointed February 2011
and Vice Chairperson since 2012) Re-elected July 2013, July
2017 and July 2021
Mrs J.I. Birch (Membership Secretary) Appointed October 2011
Re-elected July 2015, 2018
and July 2022
Mr A.T. Curtis (Liaison Officer Affiliated Regions) Appointed July 2019
Ratified AGM 2020
Mr M.Hurle
 (Re-homing officer) Appointed July 2019
Ratified AGM 2020

REGISTERED OFFICE

Causeway House, The Causeway, Walsham-le-Willows, Bury St. Edmunds, Suffolk, IP31 3AB

POSTAL ADDRESS

As above

INDEPENDENT EXAMINER

Joshua Kingston BSc ACA, Burton Sweet Limited, The Clock Tower, Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1UR.

BANKERS

CafCash Limited, Kings Hill, West Malling, Kent, ME19 4TA

1

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022

The Trustees are pleased to present their Annual Report and the unaudited financial statements for the period ended 31st December 2022.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The British Chelonia Group (BCG) was originally formed as an unincorporated Charity in June 1986 but was registered as an incorporated body with Charities House as a Company Limited by Guarantee (England and Wales) No. 07541800 in February 2011. The BCG became a Charitable Company by registering with the Charity Commission as a Registered Charity (No. 1140830) in March 2011. The old Charity donated then all of its assets, liabilities and funds to the new Charitable Company and the old Charity was removed from the register of Charities in March 2012. The new entity of the BCG as a Charitable Company has now been in operation for ten years and appears to be working well.

The Board of Trustee Directors is comprised of not less than six and (unless otherwise determined by ordinary resolution) shall not exceed twelve. The Trustee Directors (the Trustees) are responsible for the day to day running of the Group. The first Trustees will retire in stages so that approx. one third retire on the first anniversary, one third on the second and one third on the third anniversary of incorporation. Trustees shall be elected at the Annual General Meeting having circulated the nomination and ballot papers as determined by the Memorandum and Articles of Association. For all new nominations the Charity has to be given notice within the appropriate time, stating the member’s intent to propose a person. The notice should contain the details for filing at Companies House and carry the signature of the person to be proposed to show his or her willingness to vote or stand for election. Only fully paid-up members are entitled to vote or stand for election. The Trustees may appoint up to four members as additional Trustees (General Board Members) but the term of office for a person thus appointed shall only be one year. Trustees are appointed for a term of three years. Retiring Trustees are eligible for re-appointment. The Chairs of the Affiliated Regions are elected annually.

The smooth running of the Group is achieved by a Management Team which has several subcommittees consisting of the following categories: Fundraising/Sales and Recruitment, Research and Grants, Finance and Administration, Re-homing and Care, and Communications. There are five Affiliated Groups , the Northern Group, The Merseyside Group, the East Midlands Group, the West Midlands Group, and the South West Group, who are included on the Management Team and whose Chairs can join Board Meetings.

INDUCTION AND TRAINING OF TRUSTEES

As the Charity works entirely with volunteers and is a nationwide organisation with meetings taking place at different areas in the country, most Trustee Directors can only take the post on once retired with the inevitable result that there is a time-scale to their contribution. It is therefore essential that prospective Trustee Director candidates are identified in case a vacancy occurs. Recruitment takes place in first instance via the Management Team from people already familiar with the workings of the Group. The Board may appoint four members as additional Trustees (General Board Members) with the term of office of one year. This facility was used in 2019 with the appointment of Mr A.T. Curtis and Mr M. Hurle in 2021.

Risk Review

The Board is constantly aware of financial risks and the BCG’s funds are closely monitored at Board Meetings with particular attention paid to the BCG investments. A Finance subcommittee is also in place and, should decisions need to be made outside the Board Meetings, Trustees liaise by post and/or e-mail. Both the Board and the Finance subcommittee give particular attention to the BCG’s investments and to all donations made by the BCG. The BCG also has access to excellent help and advice from impartial bodies and previous Trustees.

2

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022

OBJECTIVES AND ACTIVITIES OF THE CHARITY

The British Chelonia Group’s objectives are for the benefit of the public to promote the conservation, welfare and care in general and to assist in the prevention of cruelty and suffering among tortoises, terrapins, marine and freshwater turtles both in the wild and in captivity, and to educate the public in these matters. The mission statement to sum this up is “For tortoise, terrapin and turtle care and conservation”.

PUBLIC BENEFIT

The Trustees have all had access to the guidance produced by the Charities Commission on Public Benefit and have regard to this guidance. They are of the opinion that the Charity delivers several of the requirements.

On the educational front the Charity aims to educate the public regarding the correct husbandry of chelonia (tortoises, terrapins and turtles) and does so by:

On the welfare front the Charity does serve the public benefit by:

In addition the British Chelonia Group issues grants to students and academics to further research on chelonia and also supports specific conservation programmes, thus advancing chelonian welfare. Honorary awards are made from time to time to outstanding candidates (“The Kay Gray Award” and “The Oliphant Jackson Memorial Award”) to encourage involvement with chelonia.

At the discretion of the Trustees reduced rates of subscription are offered to senior citizens, students, the unemployed and others in financial hardship.

BANKS AND INVESTMENTS ACCOUNTS

The BCG operates a CAFCash and two CAFGold accounts with the Charities Aid Foundation.

CAFCash Ltd – acts as a current account, CAFGold as a top-up account for CAFCash. These are used for the Charity’s day to day financial transactions.

CAFGold number two account – is used as a paying–in account for cheques to avoid excess cheque paying-in penalty. (Only 50 cheques can be paid in at any one month) and also to bank “Chelonia with Care Legacies”.

The British Chelonia Group has four investments accounts:

3

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022

£10,000 was paid out of the fund during November 2018 towards Conservation Funds. During December 2022 the BCG was informed that the CAF Managed Portolio with Aberdeen Standard service would cease per 31[st] March 2023. Other options were given and the BCG Board agreed for the option of transferring the portfolio into our own name and then re- invest in a new CAF IFSL ESG portfolio, arrangements to that effect were set in motion.

ACHIEVEMENTS, PERFORMANCE AND FINANCIAL REVIEW

Financial review

Incoming resources received by the BCG, apart from bank interest, was £153,417. Due to the fluctuation in the market there was an investment loss of £16,301 on the portfolio which now stands at £216,119. During the Covid restriction period when many conservation projects and centres relying on tourism and visitors to boost their funding were badly effected, the BCG ran General Appeals over 2020/2021 and 2022 with as aim to make contributions towards those centres badly effected by the pandemic.The following funds were received by November 2022: 2020 £ 4,948.80 2021 £ 3,643.00 2022 £ 2,785.03 * A total of £11,376.83 * For December figure 2022 see page 5. The following grants and donations were approved by the Board and subsequently dispersed

SEA TURTLES AND TERRAPINS

£,1,000 to a UK turtle expert to represent the BCG at the International Sea Turtle Conference in OHIO ,USA during March 2023

£2,000 Grant to ARCHELON, for the Sea Turtle Hospital, in Greece £2,000 Grant to ART, towards the extra construction costs of the Rescue Centre for saving the Endangered Spanish Pond Terrapin in Bessieres, France. (**)

(* The total Appeal monies collected during 2020-/21/22 per 31[st] Dec was £11,649.83 and it was agreed to donate the extra moniesof £649.83 to the Appeal 2023.)

**( The grant for £2,000 was initiated in 2022, but left the bank in 2023)

TORTOISES:

£2,000 to the Veterinary Clinic of SOPTOM, the conservation Centre in France for the Hermann’s Tortoise (£300 from the LTS, East Midlands Affiliated Region and £1,700 from BCG Funds. £2,000 to the Tortoise Village in Ifaty, Madagascar, for the Radiated Tortoise £2,000 towards the Tortoise Village of the Giant Sulcata Tortoises,in Senegal. ( Total £11,000)

Policies and procedures regarding overseas payments

Follow ups and Procedures in place to prevent aid diversion and compliance with regulations

4

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022

Conservation

Conservation Appeals during the Pandemic years 2020/2021/2022 have been for the collection of funds in support of both conservation centres and research projects hit by the pandemic, see Financial Review pp. 4/5.

Conservation donations and grants for 2022 amounted to £18,583 and were allocated as follows:

CONSERVATION BUDGET:

CONSERVATION BUDGET:
ARCHELON- Sea Turtle Conservation Project, Greece £4,629
Dr J.Gerlach, Cambridge University, Peterhouse
Seychelles Project 1: Update £ 44
Ms S. Bull: Seychelles Re-wilding Project (2) £ 600
MEDASSET, Greece, Conservation Assessment in Turkey £1,500
APPEAL PAYMENT:
Alan Rees – Int Sea turtle Symposium £1,000
Soptom – Vet Hospital £2,000
Soptom – Toroise Village £2,000
Soptom – Sulcata Village £2,000
GENERAL DONATION: £4,810
Total £18.583

Grants Payable Policy

The Conservation Officer has an annual budget, which is agreed by the Board. She vets all applications for grants and, once satisfied that the application is justified, she brings each individual request to the Board for approval. The Conservation Officer or any other Trustee may also propose conservation grants to be made from the main funds if it is considered appropriate to make further grants. This flexibility has been particularly important in the economic climate over the last few years.

Reserves policy

The Trustees have now established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (“the free reserves”) are in line with regulations and present circumstances in the economic situation. The free reserves at the balance sheet 2022 date amounted to £324,034. A realistic approach able to carry us for several years would be between £100,000 and £150,000. Our basic regular income from Membership subscriptions is around £15,000. This is boosted by donations for general conservation and appeals, plus legacies. Legacies vary from year to year and the BCG would like to continue its work via Newsletter, Journal and Symposia as well as the donations and grants. During 2022 we received two legacies, the residue of the Mrs J.Pearson Legacy (£16) and the legacy from Mrs M. Philips (£128,272)

With regards to the reserve policies, the Charity did receive no income from central or local government for either contracts to deliver services nor did it receive any grant during the financial year. On staff policy: The Charity works entirely with volunteers with the exception of the hiring of a book keeping agency, which charges on an hourly basis, and prepares the income over expenditure accounts for Board Meetings and the Annual Accounts for the independent examiners. In view of the requirement of sufficient reserves having to be available, our Charity has paid due attention to its reserve policy.

5

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022

Investment policy

As income from funders usually is utilised within a short time after receipt, the Trustees consider that the most appropriate policy of investing funds is to place them on short-term deposit, with the exception of the CAF Managed Portfolio. See information under “Banks and Investments Accounts” There are no significant restrictions on either the investment powers of the Trustees or the activities of the charity.

Financial matters

Decisions are made jointly with regard to any relevant changes in the economy, innovations in conservation/veterinary practice or in the status of any individual species. All financial matters are transparent in their presentation both to the Board and to members at the various meetings and in our publication.

Statement of trustees’ responsibilities

The trustees (who are also directors of British Chelonia Group for the purposes of company law) are responsible for preparing the Trustees’ Report (incorporating the strategic report and directors’ report) and the financial statements in accordance with 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 Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

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.

Signed by order of the Trustee Directors

H.Fenwick Chairperson

Approved by the Trustee Directors on 30 July 2023

6

BRITISH CHELONIA GROUP INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES YEAR ENDED 31 DECEMBER 2022

Independent examiner’s report to the trustees of British Chelonia Group (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022

.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Joshua Kingston BSc, ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Date: 30 July 2023

7

BRITISH CHELONIA GROUP

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2022

Note
Income and endowments from:
Donations and legacies
2
Other Trading Activities
3
Charitable Activities
4
Investments
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net gains/(losses) on investments
12
Net income/(expenditure)
9
Transfers between funds
15
Net movement in funds
Total funds brought forward
15
Total funds carried forward
15		 Unrestricted
Funds
£
132,292
3,133
14,934
2,296		 Restricted
Funds
£
-
-
3,058
-		 Expendable
Endowment
Funds
£
-
-
-
-		 Total Funds
2022
£
132,292
3,133
17,992
2,296		 Total Funds
2021
£
118,511
3,322
18,769
568
152,655 3,058 - 155,713 141,170
1,043
49,715		 -
-		 556
-		 1,599
49,715		 1,437
56,563
50,758 - 556 51,314 58,000
-
101,897
(297)		 -
3,058
-		 (16,301)
(16,857)
297		 (16,301)
88,098
-		 12,096
95,266
-
101,600
341,999		 3,058
24,647		 (16,560)
232,679		 88,098
599,325		 95,266
504,059
443,599 27,705 216,119 687,423 599,325

See Note 18 for fund-accounting comparative figures.

The Charity has no recognised gains or losses other than the results for the period as set out above.

All of the activities of the charity are classed as continuing.

The notes on pages 11 to 18 form part of these financial statements

8

BRITISH CHELONIA GROUP SUMMARY INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 DECEMBER 2022

Income
Expenditure
Operating surplus/(deficit)
Other income
Interest receivable and similar income
Net surplus/(deficit) for the financial year		 Total Funds
2022
£
153,417
(51,314)
102,103
2,296
104,399		 Total Funds
2021
£
140,602
(58,000)
82,602
568
83,170

The Charity has no recognised gains or losses other than the results for the period as set out above.

All of the activities of the charity are classed as continuing.

The notes on pages 11 to 18 form part of these financial statements

9

BALANCE SHEET

Company Number 07541800

BRITISH CHELONIA GROUP

AS AT 31 DECEMBER 2022

Note
Fixed Assets
Investments
12
Current Assets
Debtors
13
Short term deposits
Cash at bank
Creditors : Amounts falling due
within one year
14
Net Current Assets
Net assets
Unrestricted funds
16
Restricted funds
16
Endowment funds
16		 2022
£
216,119
1,034
424,467
53,826
479,327
(8,023)
471,304
687,423
443,599
27,705
216,119
687,423		 2021
£
232,679
1,000
318,606
48,760
368,366
(1,720)
366,646
599,325
341,999
24,647
232,679
599,325

For the period ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476,

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

These financial statements were approved by the trustees on 30 July 2023 and are signed on their behalf by:

……………….. H Fenwick Chairperson

The notes on pages 11 to 18 form part of these financial statements

10

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

a) Accounting Convention

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the or Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2019.

The charity is a public benefit entity as defined under FRS102. The Trustees consider that there are no material uncertainties affecting the ability of the charity to continue as a going concern.

b) Income

All income is accounted for as soon as the charity has entitlement to the income, receipt is payable and the amount is quantifiable. Income from donations is included in income when these are receivable, except as follows:

i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods;

ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met.

c) Expenditure

Expenditure is accounted for on an accruals basis and have been classified under headings that aggregate all costs related to the category. Expenditure includes attributable VAT which cannot be recovered.

Grants payable are charged in the period when the offer is conveyed to the recipient except in those cases where the offer is conditional. In these cases the grants are recognised when the conditions attaching are fulfilled. Grants offered subject to the conditions which have not been met at the period end are noted as a commitment, but not accrued as expenditure.

Fundraising costs are those incurred in running events to raise funds and in seeking voluntary contributions. They do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of the objects of the charity.

Governance costs are costs associated with constitutional and statutory requirements and include costs associated with the strategic management of the charity's activities. Governance costs are component of support costs within Charitable Activities.

d) Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

e) 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.

f) Cash at bank and cash in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

g) Creditors

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.

h) Fund accounting

Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.

11

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

BRITISH CHELONIA GROUP

1 Accounting policies (continued)

i) Restricted funds

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of support costs where applicable.

Expendable endowments are funds to be retained for the benefit of the Charity as capital although there is discretion to convert the endowed capital into income.

The Charity allocates large legacies to Expendable Endowment where no instruction is received to the contrary; other legacies are credited to the Unrestricted Funds. This policy is adopted because the Trustees believe that donors consider the Charity's work to be of long term nature and would want the Trustees to treat their donations as capital while having the discretion to convert funds to income as and when considered desirable by the Trustees.

2 Donations and Legacies

Donations
Legacies
Gift aid		 Unrestricted
Funds
£
4,004
128,288
-		 Restricted
Funds
£
-
-
-		 Expendable
Endowment
Funds
£
-
-
-		 Total Funds
2022
£
4,004
128,288
-		 Total Funds
2021
£
1,902
115,030
1,579
132,292 - - 132,292 118,511

In 2021 all income from donations and legacies was unrestricted.

3 Other Trading Activities

Other Trading Activities
Events & Resources Unrestricted
Funds
£
3,133		 Restricted
Funds
£
-		 Expendable
Endowment
Funds
£
-		 Total Funds
2022
£
3,133		 Total Funds
2021
£
3,322
3,133 - - 3,133 3,322

In 2021 all income from other trading activities was unrestricted.

4 Charitable Activities

Membership subscriptions
Appeals		 Unrestricted
Funds
£
14,934
-		 Restricted
Funds
£
-
3,058		 Expendable
Endowment
Funds
£
-
-		 Total Funds
2022
£
14,934
3,058		 Total Funds
2021
£
15,126
3,643
14,934 3,058 - 17,992 18,769

In 2021 all membership subscription income was unrestricted with the appeals income being restricted.

12

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

5 Expenditure on: Raising funds

Expenditure on: Raising funds
Advertising and marketing
Investment management fee		 Unrestricted
Funds
£
1,043
-		 Restricted
Funds
£
-
-		 Expendable
Endowment
Funds
£
-
556		 Total Funds
2022
£
1,043
556		 Total Funds
2021
£
1,151
286
1,043 - 556 1,599 1,437

In 2021 all advertising costs were unrestricted with the investment management fee being represented by expendable endowment funds.

6 Expenditure on: Charitable Activities

Expenditure on: Charitable Activities
Conservation, welfare and care
Prior year Comparatives
Conservation, welfare and care
Grants payable
Conservation Budget 2021:
Le Refuge De Tortues A.R
Turtle Survival Alliance
Hospital for victims of Wild Fires in France
Conservations Budget 2022
Archelon - Sea turtle conservation project Greece
Dr J.Gerlach - Seycelles project
Ms S.Bull - Seycelles project
Medasset - Greece, conservation assessment in Turkey
Sea turtles and terrapins
Vetinary clinic of Soptom
Tortoise Village in Ifaty Madagascar
Tortoise Village in senegal
Expert to represent BCG at international sea turtle conference
General Donations		 (note 7)
£
18,583
Grants
Payable		 £
14,698
Direct Costs		 (note 8)
£
16,434
Support
Costs		 Total Funds
2022
£
49,715
18,583 14,698 16,434 49,715
(note 7)
£
25,843
Grants
Payable		 £
13,929
Direct Costs		 (note 8)
£
16,791
Support
Costs		 Total Funds
2021
£
56,563
25,843 13,929 16,791 56,563
Total Funds
2022
£
-
-
-
4,629
44
600
1,500
2,000
2,000
2,000
1,000
4,810		 Total Funds
2021
£
10,000
5,000
8,693
-
-
-
-
-
-
-
-
2,150
18,583 25,843

7 Grants payable

All grants payable in 2022 and 2021 were unrestricted.

13

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

8 Support costs

Postage/Printing/Photocopying
Stationary and computer supplies
Room hire
Subscriptions
Bank interest and charges
Travelling
Miscellaneous costs
Accountancy costs
Insurance
Repairs and renewals
Independent examiners fee		 Unrestricted
Funds
£
5,511
1,475
766
-
1,423
495
646
3,208
772
290
1,848		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-		 Total Funds
2022
£
5,511
1,475
766
-
1,423
495
646
3,208
772
290
1,848		 Total Funds
2021
£
7,398
1,890
479
282
1,389
-
167
2,790
716
-
1,680
16,434 - 16,434 16,791

All charitable expenditure in 2021 was unrestricted.

This is stated after charging:

This is stated after charging:
2022 2021
£ £
Independent examiner's fee:
- for independent examination 1,109 1,008
- for preparation of statutory accounts 739 672
Trustees Expenses 3,200 1,225

3 Trustees were reimbursed in out of pocket expenses for travel postage and running costs (2021: 2). No Trustee received any remuneration during the current or prior year.

Aggregate donations from Trustees, key management personnel, and other related parties was £Nil (2021: £Nil).

10 Staff costs and numbers

No staff were employed in the current or previous year.

A bookkeeper was paid £2,960 (2021: £2,600) on a self employed basis. No trustees received remuneration in the current or previous year.

11 Taxation

The charity is exempt from corporation tax on its charitable activities.

14

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

12 Investments

Market value at 1st January 2022
Acquisitions at cost
Unrealised gains/(losses)
Management fees
Dividends & interest
Market Value at 31st December 2022
Historical Cost at 31 December 2022
Market value at 1st January 2021
Acquisitions at cost
Disposal proceeds
Realised gains/(losses)
Unrealised gains/(losses)
Management fees
Market Value at 31st December 2021
Historical Cost at 31 December 2021
13 Debtors
Prepayments and accrued income
Other debtors
14 Creditors: amounts falling due within one year
Other creditors
Accruals		 Cash
£
31,872
(30,593)
-
(556)
297		 £
200,807
30,593
(16,301)
-
-
Listed
Investments		 Total
2022
£
232,679
-
(16,301)
(556)
297
1,020 215,099 216,119
1,020 231,400 232,420
Cash
£
-
(26,870)
59,028
-
-
(286)		 £
220,869
26,870
(59,028)
5,758
6,338
-
Listed
Investments		 Total
2021
£
220,869
-
-
5,758
6,338
(286)
31,872 200,807 232,679
31,872 194,469 226,341
Total
2022
£
34
1,000		 Total
2021
£
-
1,000
1,034 1,000
Total
2022
£
6,175
1,848		 Total
2021
£
40
1,680
8,023 1,720

15

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

15 Movement in funds
At
Gains/
At
01-Jan
(Losses) on
31-Dec
2022
Income
Expenditure
Investments
Transfer
2022
£
£
£
£
£
£
Endowment funds
Endowment fund
232,679
-
(556)
(16,301)
297
216,119
Restricted funds
Vet fund
2,684
-
-
-
-
2,684
Ms Larby's fund
8,000
-
-
-
-
8,000
Oliphant Jackson Memorial fund
434
-
-
-
-
434
Appeals fund
13,529
3,058
-
-
-
16,587
24,647
3,058
-
-
-
27,705
Unrestricted funds
Designated funds:
Kay Gray fund
74,999
-
-
-
-
74,999
Affiliated Groups
43,879
1,892
(1,761)
-
-
44,010
General fund
223,121
150,763
(48,997)
-
(297)
324,590
341,999
152,655
(50,758)
-
(297)
443,599
Total funds
599,325
155,713
(51,314)
(16,301)
-
687,423
Prior year comparative
At
Gains/
At
01-Jan
(Losses) on
31-Dec
2021
Income
Expenditure
Investments
Transfer
2021
£
£
£
£
£
£
Endowment funds
Endowment fund
274,922
-
(286)
12,096
(54,053)
232,679
Restricted funds
Vet fund
2,684
-
-
-
-
2,684
Ms Larby's fund
50,551
-
-
-
(42,551)
8,000
Oliphant Jackson Memorial fund
434
-
-
-
-
434
Appeals fund
9,886
3,643
-
-
-
13,529
63,555
3,643
-
-
(42,551)
24,647
Unrestricted funds
Designated funds:
Kay Gray fund
74,999
-
-
-
-
74,999
Affiliated Groups
43,311
1,103
(682)
-
147
43,879
General fund
47,272
136,424
(57,032)
-
96,457
223,121
165,582
137,527
(57,714)
-
96,604
341,999
Total funds
504,059
141,170
(58,000)
12,096
-
599,325
Fund Descriptions
Endowment fund
- CAF Managed Portfolio with Octopus of £200,000, legacy of the late Mrs Cox, Northamptonshire.
Vet Fund
- Financial assistance for members of the British Chelonia Group, (where deemed necessary), to
pay vet bills associated with Chelonia.		 At
01-Jan
2022
£
232,679		 Income
£
-		 Expenditure
£
(556)		 Gains/
(Losses) on
Investments
£
(16,301)		 Transfer
£
297		 At
31-Dec
2022
£
216,119
2,684
8,000
434
13,529		 -
-
-
3,058		 -
-
-
-		 -
-
-
-		 -
-
-
-		 2,684
8,000
434
16,587
24,647 3,058 - - - 27,705
74,999
43,879
223,121		 -
1,892
150,763		 -
(1,761)
(48,997)		 -
-
-		 -
-
(297)		 74,999
44,010
324,590
341,999 152,655 (50,758) - (297) 443,599
599,325 155,713 (51,314) (16,301) - 687,423
At
01-Jan
2021
£
274,922		 Income
£
-		 Expenditure
£
(286)		 Gains/
(Losses) on
Investments
£
12,096		 Transfer
£
(54,053)		 At
31-Dec
2021
£
232,679
2,684
50,551
434
9,886		 -
-
-
3,643		 -
-
-
-		 -
-
-
-		 -
(42,551)
-
-		 2,684
8,000
434
13,529
63,555 3,643 - - (42,551) 24,647
74,999
43,311
47,272		 -
1,103
136,424		 -
(682)
(57,032)		 -
-
-		 -
147
96,457		 74,999
43,879
223,121
165,582 137,527 (57,714) - 96,604 341,999
504,059 141,170 (58,000) 12,096 - 599,325

Ms Larby's fund - A legacy of £10,000 arrived in 2015 together with the Tommy, Ms Larby's Tortoise. The monies were specifically for the animal's care, so restricted. (Now reduced to £8,000 as Tommy received veterinary treatment)

The rest of the legacy (personal effects, shares and half share of a house) was unincumbent and shared with other Charities over a period of 5 years. This was incorrected allocated to the restricted fund in 2018, when it is actually available for British Chelonia Group to use freely. A transfer has been made in the current year to general funds to correct this.

16

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2022

BRITISH CHELONIA GROUP

15 Fund Descriptions (Continued)

Oliphant Jackson - Set up to make grants to veterinary students who have special interest in Chelonia. Memorial Fund

Appeals Fund - Money raised for conservation projects.

Kay Gray Fund - To draw on conservation in general. An annual award for outstanding achievement in the tortoise world. This is only awarded if a nominee is judged worthy.

Affiliated Groups - These can use the name of the BCG in title and its logo and benefit from the Charitable Status of the BCG (VAT exemption) and Board Meetings can be attended. They maintain full financial independency and their funds are not consolidated.

16 Analysis of net assets between funds

Endowment funds
Endowment fund
Restricted funds
Vet fund
Ms Larby's fund
Oliphant Jackson Memorial fund
Appeals fund
Unrestricted funds
Designated funds:
Kay Gray fund
Affiliated Groups
General fund
Prior year comparative
Endowment funds
Endowment fund
Restricted funds
Vet fund
Ms Larby's fund
Oliphant Jackson Memorial fund
Appeals fund
Unrestricted funds
Designated funds:
Kay Gray fund
Affiliated Groups
General fund		 Debtors
£
-
-
-
-
-		 Short term
deposits
£
-
2,684
8,000
434
16,587		 Fixed
Assets
£
215,563
-
-
-
-		 Other net
assets
£
556
-
-
-
-		 Total
£
216,119
2,684
8,000
434
16,587
- 27,705 - - 27,705
-
-
1,034		 74,999
44,010
277,753		 -
-
556		 -
-
45,247		 74,999
44,010
324,590
1,034 396,762 556 45,247 443,599
1,034 424,467 216,119 45,803 687,423
Debtors
£
-
-
-
-
-		 Short term
deposits
£
-
2,684
8,000
434
13,529		 Fixed
Assets
£
232,393
-
-
-
-		 Other net
assets
£
286
-
-
-
-		 Total
£
232,679
2,684
8,000
434
13,529
- 24,647 - - 24,647
-
-
1,000		 74,999
43,879
175,081		 -
-
286		 -
-
46,754		 74,999
43,879
223,121
1,000 293,959 286 46,754 341,999
1,000 318,606 232,679 47,040 599,325

17

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

BRITISH CHELONIA GROUP

17 Related party transactions

There are no transactions with trustees or other related parties other than those disclosed as required by the SORP elsewhere in the financial statements.

18 SOFA fund analysis comparative figures

Income and endowments from:
Donations and legacies
Other Trading Activities
Charitable Activities
Investments
Total income
Expenditure on:
Raising funds
Charitable Activities
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
Net movements in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
£
118,511
3,322
15,126
568		 Restricted
Funds
£
-
-
3,643
-		 Expendable
Endowment
Funds
£
-
-
-
-		 Total Funds
2021
£
118,511
3,322
18,769
568
137,527 3,643 - 141,170
1,151
56,563		 -
-		 286
-		 1,437
56,563
57,714 - 286 58,000
-
79,813
96,604		 -
3,643
(42,551)		 12,096
11,810
(54,053)		 12,096
95,266
-
176,417
165,582		 (38,908)
63,555		 (42,243)
274,922		 95,266
504,059
341,999 24,647 232,679 599,325

18

BRITISH CHELONIA GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022

The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on page 7

19

BRITISH CHELONIA GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2022

Income from
Donations and legacies
Donations
Legacies
Gift aid
Other Trading Activities
Events & Resources
Charitable Activities
Membership subscriptions
Appeals
Investments
Investment income and interest
Total income
Expenditure on:
Raising Funds
Advertising and marketing
Investment management fee
Charitable activities:
Grants payable
Direct costs
Newsletter
Tetsudo costs
Re-homing/Microchipping
Symposium costs
Support costs
Postage/Printing/Photocopying
Stationary and computer supplies
Room hire
Subscriptions
Bank interest and charges
Travelling
Miscellaneous costs
Accountancy costs
Insurance
Repairs and renewals
Independent examiners fee
- Independent examination
- statutory accounts preparation
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)		 Unrestricted
Funds
£
4,004
128,288
-
3,133
14,934
-
2,296		 Restricted
Funds
£
-
-
-
-
-
3,058
-		 Endowment
Funds
£
-
-
-
-
-
-
-		 Total Funds
2022
£
4,004
128,288
-
3,133
14,934
3,058
2,296		 Total Funds
2021
£
1,902
115,030
1,579
3,322
15,126
3,643
568
152,655 3,058 - 155,713 141,170
1,043
-		 -
-		 -
556		 1,043
556		 1,151
286
1,043 - 556 1,599 1,437
18,583 - - 18,583 25,843
7,086
6,135
1,477
-		 -
-
-
-		 -
-
-
-		 7,086
6,135
1,477
-		 7,410
6,213
288
18
14,698 - - 14,698 13,929
5,511
1,475
766
-
1,423
495
646
3,208
772
290
1,109
739		 -
-
-
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-
-
-
-		 5,511
1,475
766
-
1,423
495
646
3,208
772
290
1,109
739		 7,398
1,890
479
282
1,389
-
167
2,790
716
-
1,008
672
16,434 - - 16,434 16,791
50,758 - 556 51,314 58,000
- - (16,301) (16,301) 12,096
101,897 3,058 (16,857) 88,098 95,266

20