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2023-12-31-accounts

BRITISH CHELONIA GROUP FINANCIAL STATEMENTS 31 DECEMBER 2023

Charity Number 1140830 Company Number 07541800

BRITISH CHELONIA GROUP FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

Contents Pages
Reference and administrative information 1
Trustees Annual Report 2 – 7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Summary Income and Expenditure Account 10
Balance Sheet 11
Notes to the Financial Statements 12 – 19
The following pages do not form part of the financial statements
Non Statutory Pages 20 – 21

BRITISH CHELONIA GROUP REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 DECEMBER 2023

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. Re-elected
July 2023
Mr M. Hurle (Re-homing Officer) Appointed November 2021
Ratified July 2022

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 2023

The Trustees are pleased to present their Annual Report and the unaudited financial statements for the period ended 31st December 2023.

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 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 eleven 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 timescale 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.

2

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023

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.

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.

3

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023

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 investment/short term deposit accounts:

ACHIEVEMENTS, PERFORMANCE AND FINANCIAL REVIEW

Financial review

Income received by the BCG, apart from bank interest, was £37,327. There was an investment loss of £3,135 on the portfolio which now stands at £212,984.

The Appeal for 2023 was in aid of the Spanish Pond Terrapin, ART, Bessieres, France and raised £3,555 with the BCG adding £1,445 to make this amount up to £5,000. This organisation had previously received a BCG donation, out of the appeal monies run during the Covid period and had received £2,000.

4

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023

GENERAL DONATIONS

Prof. J E and Mrs M E Cooper £ 1,500 Gilbert White Museum general donation £ 250 ------------- £ 1,750 CONSERVATION BUDGET Archelon – Sea Turtle Hospital £2,000 ART – Rescue Centre £2,000 Wildlife Vets Int. Machine repair in sea turtle hospital £1,358 Turtle Foundation-Loggerhead Turtles- £2,000 SOPTOM, France. Veterinary Hospital £5,000 Sekenberg Gesellshaft Museum - Rwanda Tortoise Project £4,593 Galapagos Conservation Trust £9,228 Research Project Giant tortoises £4,100 ---------------- £30,279

Policies and procedures regarding overseas payments

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

5

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023

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 2023 date amounted to £307,560. 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 between £13,000 and £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 2023 we received the residue of the Mrs Angela Yaffey (£10,155) and some other donations. Amazon Smile (£29), general donations (£694) and a donation of £1,000 from the Rutherford Trust.

Through a third party it was brought to the BCG’s attention during December 2023 that the BCG was mentioned as a beneficiary in a substantial legacy and further enquiries have been made.

With regards to the reserve policies, the Charity did receive no income from central or local government for either contract 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 bookkeeping agency, which charges on an hourly basis, and prepares the income over expenditure accounts for Board Meetings and the Annual Accounts for the Auditors. In view of the requirement of sufficient reserves having to be available, our Charity has paid due attention to its reserve policy.

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.

6

BRITISH CHELONIA GROUP TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023

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 ……………………………………

7

BRITISH CHELONIA GROUP INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

YEAR ENDED 31 DECEMBER 2023

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 2023.

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:

8

BRITISH CHELONIA GROUP

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
Expendable
Unrestricted Restricted Endowment Total Funds Total Funds
Funds Funds Funds 2023 2022
Note £ £ £ £ £
Income and endowments from:
Donations and legacies 2 15,568 - - 15,568 133,695
Other Trading Activities 3 4,314 - - 4,314 3,133
Charitable Activities 4 13,890 3,555 - 17,445 17,992
Investments 6,710 - - 6,710 893
Total income 40,482 3,555 - 44,037 155,713
Expenditure on:
Raising funds 5 2,857 - - 2,857 1,599
Charitable activities 6 53,729 16,587 - 70,316 49,715
-
Total expenditure 56,586 16,587 73,173 51,314
Net gains/(losses) on investments 12 - - (3,135) (3,135) (16,301)
Net income/(expenditure) 9 (16,104) (13,032) (3,135) (32,271) 88,098
Transfers between funds 15 - - - - -
Net movement in funds (16,104) (13,032) (3,135) (32,271) 88,098
Total funds brought forward 15 443,599 27,705 216,119 687,423 599,325
Total funds carried forward 15 427,495 14,673 212,984 655,152 687,423
----- End of picture text -----

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 12 to 19 form part of these financial statements

9

BRITISH CHELONIA GROUP

SUMMARY INCOME AND EXPENDITURE ACCOUNT

YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
Total Funds Total Funds
2023 2022
£ £
Income 37,327 154,820
Expenditure (73,173) (51,314)
Operating surplus/(deficit) (35,846) 103,506
Other income
Interest receivable and similar income 6,710 893
Net surplus/(deficit) for the financial year (29,136) 104,399
----- End of picture text -----

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 12 to 19 form part of these financial statements

10

Company Number 07541800

BRITISH CHELONIA GROUP

BALANCE SHEET

AS AT 31 DECEMBER 2023

----- Start of picture text -----
2023 2022
Note £ £
Fixed Assets
Investments 12 212,984 216,119
Current Assets
Debtors 13 1,000 1,034
Short term deposits 398,263 424,467
Cash at bank 50,297 53,826
449,560 479,327
Creditors : Amounts falling due
within one year 14 (7,392) (8,023)
Net Current Assets 442,168 471,304
Net assets 655,152 687,423
Unrestricted funds 16 427,495 443,599
Restricted funds 16 14,673 27,705
Endowment funds 16 212,984 216,119
655,152 687,423
----- End of picture text -----

For the period ending 31 December 2023 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 …...........................and are signed on their behalf by:

……………….. H Fenwick Chairperson

The notes on pages 12 to 19 form part of these financial statements

11

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

a) Accounting Convention

The financial statements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy note) and 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 Companies Act 2006.

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.

Raising funds 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.

12

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

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
£
4,109
10,155
1,304
15,568		 Restricted
Funds
£
-
-
-
-		 Expendable
Endowment
Funds
£
-
-
-
-		 Total Funds
2023
£
4,109
10,155
1,304
15,568		 Total Funds
2022
£
4,004
128,288
1,403
133,695

In 2022 all income from donations and legacies was unrestricted.

3 Other Trading Activities

Events & Resources Unrestricted
Funds
£
4,314
4,314		 Restricted
Funds
£
-
-		 Expendable
Endowment
Funds
£
-
-		 Total Funds
2023
£
4,314
4,314		 Total Funds
2022
£
3,133
3,133

In 2022 all income from other trading activities was unrestricted.

4 Charitable Activities

Membership subscriptions
Appeals		 Unrestricted
Funds
£
13,890
-
13,890		 Restricted
Funds
£
-
3,555
3,555		 Expendable
Endowment
Funds
£
-
-
-		 Total Funds
2023
£
13,890
3,555
17,445		 Total Funds
2022
£
14,934
3,058
17,992

In 2022 all membership subscription income was unrestricted except for appeals income which was restricted.

13

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

5 Expenditure on: Raising funds

Advertising and marketing
Investment management fee		 Unrestricted
Funds
£
2,857
-
2,857		 Restricted
Funds
£
-
-
-		 Expendable
Endowment
Funds
£
-
-
-		 Total Funds
2023
£
2,857
-
2,857		 Total Funds
2022
£
1,043
556
1,599

In 2022 all advertising costs were unrestricted with the investment management fee being represented by expendable endowment funds.

6 Expenditure on: Charitable Activities

Conservation, welfare and care
Prior year Comparatives
Conservation, welfare and care
Grants payable
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
Archelon - Sea Turtle Hospital
ART - Rescue Centre
Conservation Budget 2023
Wildlife Vets Int. Machine repair in sea turtle hospital
Turtle Foundation - Loggerhead Turtles
Soptom France Veterinary Hospital
Rwanda Tortoise Project
Research Project Giant tortoises
Galapagos Conservation Trust
General Donations		 (note 7)
£
32,029
32,029
(note 7)
£
18,583
18,583
Grants
Payable
Grants
Payable		 £
20,743
20,743
£
14,698
14,698
Direct Costs
Direct Costs		 (note 8)
£
17,544
17,544
(note 8)
£
16,434
16,434
Total Funds
2023
£
-
-
-
-
-
-
-
-
2,000
2,000
1,358
2,000
5,000
4,593
4,100
9,228
1,750
32,029
Support
Costs
Support
Costs		 Total Funds
2023
£
70,316
70,316
Total Funds
2022
£
49,715
49,715
Total Funds
2022
£
4,629
44
600
1,500
2,000
2,000
2,000
1,000
-
-
-
-
-
-
-
4,810
18,583

14

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
|||||| |---|---|---|---|---| |8|Support costs| |Unrestricted|Restricted|Total Funds|Total Funds| |Funds|Funds|2023|2022| |£|£|£|£| |-| |Postage/Printing/Photocopying|6,003|6,003|5,511| |-| |Stationary and computer supplies|1,285|1,285|1,475| |Room hire|836|-|836|766| |Subscriptions|73|-|73|-| |-| |Bank interest and charges|1,469|1,469|1,423| |Travelling|771|-|771|495| |Miscellaneous costs|191|-|191|646| |-| |Accountancy costs|3,320|3,320|3,208| |Awards|250|-|250|-| |Insurance|862|-|862|772| |Repairs and renewals|354|-|354|290| |-| |Independent examiners fee|2,130|2,130|1,848| |-| |17,544|17,544|16,434|

----- End of picture text -----

All charitable expenditure in 2022 was unrestricted.

9 Net income/(expenditure)

This is stated after charging:

----- Start of picture text -----
|||| |---|---|---| |2023|2022| |£|£| |Independent examiner's fee:| |- for independent examination|1,260|1,109| |- for preparation of statutory accounts|870|739| |Trustees Expenses|4,441|3,200|

----- End of picture text -----

4 Trustees were reimbursed in out of pocket expenses for travel postage and running costs (2022: 3). No Trustee received any remuneration during the current or prior year.

There were no donations from Trustees, key management personnel, and other related parties during the current or prior year.

10 Staff costs and numbers

No staff were employed in the current or previous year.

A bookkeeper was paid £3,120 (2022: £2,960) 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.

15

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

12 Investments
Market value at 1 January 2023
Acquisitions at cost
Disposal proceeds
Unrealised gains/(losses)
Realised gains/(losses)
Management fees
Dividends & interest
Market Value at 31 December 2023
Historical Cost at 31 December 2023
Market value at 1 January 2022
Acquisitions at cost
Unrealised gains/(losses)
Management fees
Dividends & interest
Market Value at 31 December 2022
Historical Cost at 31 December 2022		 Cash
£
1,020
-
(1,020)
-
-
-
-
-
-
Cash
£
31,872
(30,593)
-
(556)
297
1,020
1,020		 £
215,099
218,464
(217,444)
(5,480)
2,345
-
-
212,984
218,464
£
200,807
30,593
(16,301)
-
-
215,099
231,400
Listed
Investments
Listed
Investments		 Total
2023
£
216,119
218,464
(218,464)
(5,480)
2,345
-
-
212,984
218,464
Total
2022
£
232,679
-
(16,301)
(556)
297
216,119
232,420
13 Debtors
Prepayments and accrued income
Other debtors
14 Creditors: amounts falling due within one year
Other creditors
Accruals		 Total
2023
£
-
1,000
1,000
Total
2023
£
5,262
2,130
7,392		 Total
2022
£
34
1,000
1,034
Total
2022
£
6,175
1,848
8,023

16

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
15 Movement in funds At Gains/ At
01-Jan (Losses) on 31-Dec
2023 Income Expenditure Investments Transfer 2023
£ £ £ £ £ £
Endowment funds
Endowment fund 216,119 - - (3,135) - 212,984
Restricted funds
Vet fund 2,684 - - - - 2,684
- - - -
Ms Larby's fund 8,000 8,000
Oliphant Jackson Memorial fund 434 - - - - 434
- -
Appeals fund 16,587 3,555 (16,587) 3,555
- -
27,705 3,555 (16,587) 14,673
Unrestricted funds
Designated funds:
- - - -
Kay Gray fund 74,999 74,999
- -
Affiliated Groups 44,010 2,400 (1,474) 44,936
General fund 324,590 38,082 (55,112) - - 307,560
- -
443,599 40,482 (56,586) 427,495
Total funds 687,423 44,037 (73,173) (3,135) - 655,152
Prior year comparative 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
----- End of picture text -----

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.

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)

17

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

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

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.

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
£
-
-
-
-
-
-
-
-
1,000
1,000
1,000
Debtors
£
-
-
-
-
-
-
-
-
1,034
1,034
1,034		 Short term
deposits
£
-
2,684
8,000
434
3,555
14,673
74,999
44,936
263,655
383,590
398,263
Short term
deposits
£
-
2,684
8,000
434
16,587
27,705
74,999
44,010
277,753
396,762
424,467		 Fixed
Assets
£
212,984
-
-
-
-
-
-
-
-
-
212,984
Fixed
Assets
£
215,563
-
-
-
-
-
-
-
556
556
216,119		 Other net
assets
£
-
-
-
-
-
-
-
-
42,905
42,905
42,905
Other net
assets
£
556
-
-
-
-
-
-
-
45,247
45,247
45,803		 Total
£
212,984
2,684
8,000
434
3,555
14,673
74,999
44,936
307,560
427,495
655,152
Total
£
216,119
2,684
8,000
434
16,587
27,705
74,999
44,010
324,590
443,599
687,423

18

BRITISH CHELONIA GROUP

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2023

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
£
133,695
3,133
14,934
893
152,655
1,043
49,715
50,758
-
101,897
(297)
101,600
341,999
443,599		 Restricted
Funds
£
-
-
3,058
-
3,058
-
-
-
-
3,058
-
3,058
24,647
27,705		 Expendable
Endowment
Funds
£
-
-
-
-
-
556
-
556
(16,301)
(16,857)
297
(16,560)
232,679
216,119		 Total Funds
2022
£
133,695
3,133
17,992
893
155,713
1,599
49,715
51,314
(16,301)
88,098
-
88,098
599,325
687,423

19

BRITISH CHELONIA GROUP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on page 8

20

BRITISH CHELONIA GROUP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
Unrestricted Restricted Endowment Total Funds Total Funds
Funds Funds Funds 2023 2022
Income from £ £ £ £ £
Donations and legacies
Donations 4,109 - - 4,109 4,004
- -
Legacies 10,155 10,155 128,288
Gift aid 1,304 - - 1,304 1,403
Other Trading Activities
Events & Resources 4,314 - - 4,314 3,133
Charitable Activities
- -
Membership subscriptions 13,890 13,890 14,934
- -
Appeals 3,555 3,555 3,058
Investments
Investment income and interest 6,710 - - 6,710 893
Total income 40,482 3,555 - 44,037 155,713
Expenditure on:
Raising Funds
- -
Advertising and marketing 2,857 2,857 1,043
Investment management fee - - - - 556
- -
2,857 2,857 1,599
Charitable activities:
-
Grants payable 15,442 16,587 32,029 18,583
Direct costs
Newsletter 7,450 - - 7,450 7,086
Tetsudo costs 5,452 - - 5,452 6,135
- -
Re-homing/Microchipping 1,622 1,622 1,477
- - -
Symposium costs 6,219 6,219
- -
20,743 20,743 14,698
Support costs
- -
Postage/Printing/Photocopying 6,003 6,003 5,511
- -
Stationary and computer supplies 1,285 1,285 1,475
Room hire 836 - - 836 766
Subscriptions 73 - - 73 -
- -
Bank interest and charges 1,469 1,469 1,423
Travelling 771 - - 771 495
Miscellaneous costs 191 - - 191 646
Awards 250 - - 250 -
- -
Accountancy costs 3,320 3,320 3,208
Insurance 862 - - 862 772
Repairs and renewals 354 - - 354 290
Independent examiners fee
- -
- statutory accounts preparation 1,260 1,260 1,109
- Independent examination 870 - - 870 739
- -
17,544 17,544 16,434
-
Total expenditure 56,586 16,587.00 73,173 51,314
- -
Net gains/(losses) on investments (3,135) (3,135) (16,301)
Net income/(expenditure) (16,104) (13,032) (3,135) (32,271) 88,098
----- End of picture text -----

21