Charity registration nurnber.. 1141795 WILD FRONTIERS FOUNDATION TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Broadwing Accountarry Services Mited
Wild Frontiers Foundation Contents Pège Trustees, Report Independent Examinerfs Report Statement of Financial Activiti Comparative Statement of Financial Activiti statement of Financial Position Not to the Flnancial Statements 8-10
Wild Frontiers Foundation Trustees. Report For The Year Ended 31 December 2024 The trustees present their report and the financial statements for the year ended 31 December 2Q24. Obiertive5 and Activities Aims and Objertives The Wild Frontiers Foundation supports vulnerable communities, organisations and social enterprises in various countries V151ted by Wild Frontiers Adventure Travel. This support focuses on underserved communitie5 to help provide quality education troining for the prevention or relief of poverty and the generation of su5tsinable Incomes. alongside conseNation protectlon through commLJnity engagement and beneflt. Our objettive is to promote sustainable development for the benefit of the public throu9h giving 9rants and awardin9 funding for.. the preservation, conservation and the protection of the environment and the prudent use of resources,. the relief of poverty and the Improveynent of the conditions of life In socially and economically disadvantaged communitles., the promotion of sustainable means of achieving economic growth and regeneration the advancement education of persons under the age of 25 yeors where educational facilities would not otherwise exist. Significant Activitie5 The Wild Frontiers Foundation's principle activities from 01 January to 31 December 2024 were assessing, a¥varding and granting fund5 to Non-Governtnental Organisation INGOI partners, and individuals and organisatiOn5 Vllthin the Wild Frontiers Adventure Travel network (tour leaders, Opet0, suppliers) who Identifyi deliver, and monitor grass-roots community Impact initiatives to deliver projects which tneet the FDundation's objettives including.. Grant made to the Felix Foundation Baltistsn for the annual budget and running costs of the Baleygon Comrnunity School, in Pakistan Grant made to Access Development Servltrs to support the establlshment of soclal enterprise, the Lake City Rickshaw Company in Udaipur, India Grant made to Lone Buffalo, La05, for classroom sponsorship 4t their English Development Centre Grant made to Together We Leam Ethlopla for the Gondar Gids, Football Pmgramme Grant made to Pole Pole Foundation, In the Democratic Republic of Congo, to support community empowem)ent and the protcction of castcrn lowland gorillas Scholarship grant to an Individual for higher education Public Benefit The trustees confirm that they have referred to the 9uidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's airn5 and objectives in planning its future activities. The trustees confirm that they have complied with the requiretnents of 5ettion 17 of the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit. Athievements and Pertormonce Main Athievements Grant fundirbg in 2024 has delivered the fDllovéing impacts.. Baley.gon Community School Northern Pakistan The Wild Frontiers Foundation has been supporting the school and the education of young people within the Baleygon communify since 2010. In 2024 student enrolrnent increased and a new early year's teacher was employed. Education for 119 students, 63 male and 56 female, from nursery through to Year 6 Employment of an additional Early Childhood Development teacher A 6-day teacher trainin9 pro9tsmme for 16 teachers from across th& region 2024 marked the 10th year the Wild Frontie Foundation has supported the dass sponsorship programme at the Lone Buffalo English Development Centre in northern Laos. Lone Buffalo creates OPPDrtunities for 180 220 young beneficiaries each year in rural Laos through free En91ish dasses. Sponsoring a classroom guarantees 4.5 - 5 hou of quality English tuition per week for a dass of between 20 and 30 young people. who are also ?ble to Join In with Lone Buffalo's extra-curricular activities including football coaching, media and film making, life skills workshops, the Green Buffalo environmental team and the Student Coffee Co-operative. mm .CONTINUED Page I
Wild Frontiers Foundation Trustees. Report (continued) For The Year Ended 31 December 2024 Main Athievements- continued The Wild Frontiers Foundation continued to support the Gondar Girls. Football Team, an initiative that first kicked off 4vith charlty partner, Together We Learn Ethlopia, In 2020. The Initiative supports a team of 20 girls from low-lncome famllies, promoting gender equality and building self-confidence through football. 20 girls Iwith an average age of 151 participated in the programme this year A total of 56 training sessions were held, focusing on Improving technique and fitness as well as having fun and building friendship5 Food and beverages were provided at a nearby cafe after training sessions • New kits byere purchased Includingi t-shirts, shorts and trainers Reusable period kits were also provided for team members, alongslde educatlonal sesslons on menstrual health, puberty nd sexual health Friendly matches were arranged with other local teams over the school break, offering a valuable opportunity to practice and build confidenTr, even in challenging circumstances. Work wa5 well underway with our nDt-for-profit partner, AC55 Development servi5, to launch the Lake City Rickshaw Company In Udaipur, India, in early 2025. The project aims to provide direct long-temi employment and entrepreneurship Opportuniti to 25 women from economically challenged households. The prototype rickshaw was approval in December followed by the start of training for 25 women. The Lake City Rickshaw Company models the Pink City Rickshaw Company, a social enterprise which offers employrnent opportunlties for women from low-income households to work as driverlguldes, hosting tourists on electric rickshaw lours in Jaipur. Computer Cla$sroom, Lalibela Ethiopia The Wild Frontiers Foundation has a long-standing relationship with Camara Education, an oryanisation that rerycles and furbishes computer equipment to Install In schools In Afrlca, having worked with the charity to fund computer classrooms within th Ethiopian schools since 2012. In 2023 we began fundraising to help re-install a computer lab in the high school in Lalibela after it was looted during conflict In the Tlgray reglon. We planned to r1rtall the computer lab for the students in 2024, however due to neWed conflict in the region it was not possible. Along Wlth our Camara partnets on the ground, we will continue to monitor the Situation in Ethiopia and together re-inskll the computer5 when safe to do so. Reference and Administrative Details Trustees Miss Nardia Sullivan Mr Jeremy Sheldon Mr Jonathan Bealby Mr John Paterson Nr John Brown Charlty Number 1141795 Prlnclpal Address 241a Portobello Road London WII ILT Independent Examlner Brian Munjanja ACCA Broadwing Accountancy Services Limited ACCA 2a Rickyard Barn Stoke Road Blisworth Northampton Northamptonshlre NN7 3DB Page 2
Wild Frontiers Foundation Trustee5' Report (continued) For The Year Ended 31 December 2024 The trustees, report was approved by the board of trustees and signed on its behalf by.. J ySlJa,, Mr Jeremy Sheldon Trustee Date Page 3
Wild Frontiers Foundation Independent Examiner'5 Report to the Trustee5 of Wild Frontiers Foundation For The Year Ended 31 December 2024 I report to the trustees on my examinabon of the accounts of Wild Frontiers Foundation (the Trust) for the year ended 31 December 2024. Responslbllltles and Basls of Report As the charlty trustees of the Trust you are responslble for rhe preparatlon of the accounts In accordance wlth the requirements of the Charities Act 2011 I-the Act~l. I report In respect of my examination of the Trust's account5 carried out under section 145 of the 2011 Att and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the Att. Independent Examiner's Statement I have completed my examination. I confirm that no material matters h4ve come to my attention in connection with the examlnatlon giving Yne cause to believe that In any material respect.. l. accounting records were not kept in respect of the Trust as required by section 130 of the Act. or I the accounts do not accord with those records,. or I the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out In the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair vieyw. which is not a matter considered as part of an independent examination. I have no concem5 and have corne across no other tnatters in connection with the examination to which attention should be drawn in this report in order to enable a proper undergtanding of the accounts to be reached. r(•fj 1.rr Brlan Munlanla ACCA 2311012025 2a Rickyard Barn Stoke Road Ilsworth Northampton NDrthamptonshire NN7 3DB Page 4
Wild Frontiers Foundation statement of Financial Activities For The Year Ended 31 December 2024 2024 2023 UnrestrScted Restrlcted fund5 funds Total funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legaci Charitable activities-. ASSeIng, awarding and grantlng funds 21,444 21,444 24,845 83,246 34,152 117,398 104,690 34,152 138.842 24,845 EXPENDITURE ON: Ralslng funds Charitsble activities.. Asse55ing, awarding and granting funds 116,3151 12,4521 IL8,7671 11,4031 (1.4031 111,0431 117,7181 12,4521 120,1701 111,0431 NET INCOME 86,972 31,700 IL8,672 13,802 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 86,972 31,700 118.672 13,802 38,951 3,993 42,944 29,142 TOTAL FUNDS CARRIED FORWARD 125,923 35,693 161,616 42,944 The notes on pfjges 8 to 10 fomi part of these financial statefflents. Page 5
Wild Frontiers Foundation Comparative Statement of Financial Activities For The Year Ended 31 December 2024 2023 Unrestrlcted RestrScted funds fund5 Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legaci Charitable activitles.. 20,851 3,994 24,845 EXPENOITURE ON.. Charitable activities.. sessing. awarding and granting funds 111.0431 111,0431 NET INCOME 9,809 3,993 13,802 NET MOVEMENT IN FUNDS 9,809 3.993 13,802 RECONCILIATION OF FUNDS: Total funds brought forwar(I 29,142 29,142 TOTAL FUNDS CARRIED FORWARD 38,951 3,993 42,944 The notes on pages 8 to 10 fomi part of these finantial statements. Page 6
Wild Frontiers Foundation statement of Financial Position As At 31 December 2024 2024 2023 UnrestrScted Restrlcted fund5 funds Total funds Total funds Notes CURRENT ASSETS ash at bank and in hand 162,456 162,456 42,944 162,456 162,456 42,944 CredStors: Amounts Falllng Due Wlthln One Year 18401 18401 NET CURRENT ASSETS (LIABILITIES) 161,616 161,616 42,944 TOTAL ASSETS LESS CURRENT LIABILITIES 161,616 161.616 42,944 NET ASSETS 161,616 161,616 42,944 FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds 35,693 125,923 3,993 38,951 TOTAL FUNDS 161,616 42,944 On behalf of the board J'~y5lJJ. Mr Jeremy Sheldon Trustee Date 23110/2025 The notes on pages B to 10 fomi part of these fSnanclal statements. Page 7
Wild Frontiers Foundation Notes to the Financial Staternents For The Year Ended 31 December 2024 l. Gtneral Infv>rmation Wild Frontiers Foundation is an unincorporated charity registered with the Charity Commi10n, registered charity number 1141795. The principal addre is 241a Portobello Road, London, Wll LLT. 2. Attountin9 Polities 2.1. Basis of Preparation of Financièl Stètements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Poctlce applicable to charlties pttparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffertive I January 20191 Financial Reporting Standard 102 'Yhe Financial Reporting Standard applioble in the UK and Republic of Ireland and the CharIti Act 2011. The chèrity is a Public Beneflt Entlty as deflned by FPS 102. 2.2. Incoming Resources All Incoming resources are included on the Ststernent of Financial Activities when the charity is legally entitled to the Income and the amount can be quantlfled wlth reasonable accuracy. 2.3. Resources Expended Expenditure is accounted for on a payments basis and has been classified under headings that aggregate all cost related to the category. The charity Is not registered for VAT, and eXpendItu Is analysed inclusive of VAT Whe thls ha5 been incurred. 2.4. Cash and Cash Equivalents Cash and cash equivalents are basic financial assets and Include cash in hand and deposits held at call with banks, other short-term highly Ilquid investments that rnatU In no more than the months from the date of acquisltion and a readily convertible to a known atnount of cash with in51gnificant risk of change in value, and bank overdrafts. 2.5. Foreign Currencies Monetary assets 3nd liabilities In foreign currencies are translated Into sterling at the rates of exchange ruling at the statement of financi31 position date. Trans3ttions in foreign currencies are ttansl3ted into stedino at the rate rulin9 on the date of the transaction. Exchange difference5 are taken into account in arriving at the operating surplu5. 3. Income from Donations and Legacies 2024 Unrestrlrted Restrlrted Totsl fund$ funtls funds Donabons and gifts 21,444 21,444 2023 Unrestrlcted Restrirted Total funds funds funds Donabons and gift5 20,851 3,994 24,845 Page 8
Wild Frontiers Foundation Notes to the Financial Statements (continued) For The Year Ended 31 December 2024 4. Analysis of Expenditure 2024 Activities undertaken direcdy Support costs Isee note 51 Total Ralslng funds A5se55ing, awarding and granting fund5 18,767 18,767 1,403 1,403 18,767 1,403 20,170 2023 Support Costs 15ee note 51 Assessing, awarding and granting funds 11,043 5. Support Costs 2024 Asse$$ing1 awarding and grantlng funds General administrètion Interest payable 563 1,403 2023 Assesslngi awarding and granting funds General administration Interest payable 10,678 365 11,043 6. Independent Examiner's Remuneration 2024 2023 Independent exarnination of the financial ststements 840 7. Average Nurnber of Employees Average number of employees dunng the year was.. NIL12023.' 1 Page 9
Wild Frontiers Foundation Notes to the Financial Statements (continued) For The Year Ended 31 December 2024 8. Creditors.. Amounts Falling Due Within One Year 2024 2023 Accruals and deferred income 840 9. Movement in Funds Asati January 2024 Asat31 December 2024 Income Expenditure Unrestricted funds General.. General unrestricted fund Restrlcted funds Restricted Fund5 38,951 104,690 117,7181 125,923 3,993 34,152 12,4521 35,693 Total fund5 42,944 138,842 120,1701 161,616 Asati January 2023 Asat31 December 2023 Income Expendlture Unrestrlctsd funds General.. General unrestrirted fund Restrirted funds 29,142 20,851 111,0421 38,951 Restricted Funds 3,994 3,993 Total funds 29,142 24,845 111,0431 42,944 10. Transactlons wSth Trustees During the year the expenses reimbursed to the trustees or paid direcuy to third parties were as follows.. 2024 2023 11. Rel4ted Party Disdosures Page 10