# **BORNEO NATURE TRUST ANNUAL REPORT**
**2019 – 2020**
**Submitted 30[th] September 2021 Marking 20 Years protecting the forests of Borneo**
## **About the Borneo Nature Trust (BNT)**
_1. To promote for the benefit of the public the conservation protection and improvement of the physical and natural environment by promoting biological diversity in Indonesian Borneo;_
_2. To advance the education of the public regarding tropical biodiversity conservation in Indonesian Borneo and to promote the study and research of the same provided that the results of such research are disseminated to the public at large;_
_3. To promote sustainable development for the benefit of the public by:_
_(a) the preservation, conservation and the protection of the environment and the prudent use of resources;_
_(b) the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities;_
_(c) the promotion of sustainable means of achieving economic growth and regeneration._
_Sustainable development means “development which meets the needs of the present without compromising the ability of future generations to meet their own needs.”_
## **Introduction**
BNT’s local and international partnerships are fundamental to our success in Central Kalimantan. Through our implementing partner, Borneo Nature Foundation Indonesia (BNF), we have achieved continued success in 2019-20, despite the Covid-19 pandemic.
In 2019, we signed a highly-significant agreement with the Sebangau National Park, mapping out a joint work plan for the next five years. This is a fitting milestone achievement for BNF’s 20th year, consolidating our relationship with the National Park and ensuring BNF can support their long-term efforts for preserving the biodiversity of Sebangau and strengthening our joint efforts in the fields of research, conservation, education, capacity building and ecotourism in the area.
Throughout 2019, BNF’s Community Development team significantly increased stakeholder engagement to introduce alternative, sustainable livelihoods in four villages in the Rungan landscape. An intensive schedule of workshops bringing together local government and community representatives resulted in a high level of attendance at BNF-led training sessions in permaculture and land use mapping, particularly amongst women.
Such training provides communities with the skills and confidence to strengthen their voice in land ownership and use discussions, and to make informed livelihood choices.
Meanwhile, our Education and Outreach teams had a busy year, with over 1,100 children and young people attending BNF’s conservation classes in local schools, participating in our
2
Sebangau Kids nature club and festival, and joining our new Sebangau Rangers group. They organised some great events such as International Gibbon Day, which was attended by 170 enthusiastic local students, and our Borneo Initiatives Youth Camp bringing together young people from across Asia. In sharing the conservation message with this vibrant young community,we are inspiring the researchers, conservationists and forest managers of the future.
## **Highlights of 2019-20**
- Successful fire-fighting campaign in Sebangau with zero forest loss in our target area, despite high threat due to drought conditions.
- Ran two high-profile socialisation events to present our Sebangau and Rungan Programmes to local government,NGOs, communities and the private sector, resulting in government commitment to working with all stakeholders to support BNF’s conservation strategies.
- Established the first community nurseries to grow seedlings for our forthcoming One Million Trees campaign and create opportunities for a Green Economy in local Sebangau villages
- Launched our Sebangau Rangers initiative, recruiting teenagers from Kereng Bangkirai to become Ambassadors for the forest and its conservation, role models for their community, and represent the future of locally-led conservation in Sebangau.
- Organised two international field courses in Sebangau: ‘Tropical Ecology and Conservation’ in partnership with the Durrell Institute of Conservation and Ecology (DICE); and the first ever ‘Primate Behavioural Ecology and Conservation’ course led by BNF’s primate research directors and scientists.
- Sponsored, and presented our research at the first Indonesian Primate Symposium& Congress, sharing knowledge and exchanging insights with the Indonesian primate conservation community.
- Became full members of theHeart of Borneo Central Kalimantan Working Group and completed a milestone fact-finding mission to theHeart of Borneo in preparation for future full-scale scientific expeditions with the Working Group.
- In partnership with Orang Utan Republik Foundation, we awarded four more University of Palangka Raya students with Orangutan Caring Scholarships in 2019, making six recipients to date, with more students to be added every year.
- Achieved a landmark multi-stakeholder agreement to implement a Social Forestry scheme across the Rungan landscape to give communities the right to manage their lands, and engage industry in the protection of high conservation value forests within their concessions to ensure wildlife can move freely throughout this essential habitat.
3
- Got solar power up and running in Sebangau, as part of our major drive to improve research infrastructure and ‘green up’ the rainforest research stations. This will increase the capacity of BNF and our Indonesian University partners to provide high quality training, education and research facilities in the field, raising the profile of the site as a Centre of Excellence.
- BNF works to protect habitat, biodiversity and natural resources throughout Central Kalimantan, wherever globally-significant wildlife populations occur or local communities request support, and does so in partnership with community, government and industry stakeholders. BNF has established long-term programmes in three distinct landscapes, each one representing different forest habitats, ecology and conservation challenges. These programmes extend BNF’s activities from the carbonrich coastal peat-swamps inland to a mosaic of unprotected but biodiverse dry forest habitats on sandy soils and up into the remote Heart of Borneo with towering dipterocarp forests and many traditional communities who rely on the natural environment for their livelihoods. Each landscape is unique, but they all represent areas where forest is under threat of destruction and degradation caused by unsustainable development or unregulated exploitation.
- To make sure we understand the aspirations, concerns and cultural heritage of all stakeholders, BNF prioritises listening to the communities living in these areas,meeting with village heads and government representatives, and promoting sustainable development by companies, to identify how we can work together to find solutions that benefit the forest, wildlife and people alike. Only by adopting a landscape approach to conservation can these mutual aspirations be brought together for long-term plans.
## **Borneo Nature Trust, Borneo Nature Foundation and the Covid-19 Pandemic**
Like everyone else, the Borneo Nature Foundation (BNF) has had to deal with the extraordinary global situation caused by the COVID-19 pandemic. Our highest priority was and remains the safety and well-being of our staff, their families and the communities we work with, and the wildlife we study and work so hard to protect, and we are therefore taking a variety of steps to help safeguard these. This includes developing and regularly updating internal policies to reduce COVID-19 risk for all parties. Our field monitoring research in Sebangau and Rungan is continuing at present, but in April 2020 we suspended the direct follows on orangutans, gibbons and red langurs that form the core of our long-term primate behavioural ecology research to avoid any close contact and unnecessary risk to the primates we have protected and studied for many years. As it becomes increasingly apparent that the threat of COVID-19 is not going to rescind any time soon, and Indonesia and other countries grapple with life under the “new normal”, we are now trying to devise an appropriate longer-
4
term primate research strategy that suitably balances the potential harms associated with both COVID-19 and the current cessation of this research. BNF’s teams are working remotely to ensure our efforts to protect the Rungan Landscape continue, maintaining communication with all the key stakeholders and continuing to advance habitat-protection plans. BNF are carrying on our vital conservation actions in the Sebangau Forest, including reforestation and canal-blocking, anti-logging and anti-hunting patrols, and maintaining the community firefighting teams in a state of readiness. These activities and our remaining biodiversity monitoring research typically involve small teams working in areas away from human habitation, so have been able to continue relatively unaffected, albeit with some modifications to reduce COVID-19 risk. We are doing whatever we can to keep these essential conservation actions going, whatever happens in the coming months. Other education, training and outreach activities that would normally involve (large) physical groupings have inevitably been heavily affected, though our innovative team members have been able to devise ways for most of these to still continue to some extent in a COVID-safe way, observing and following the Indonesian government protocols. This includes carrying out all meetings remotely using Zoom or other platforms wherever possible, and where not online then meetings are limited to a maximum of 5–7 people, with larger physical gatherings postponed until the situation improves and the local emergency status is lifted, temporarily suspending all school visits and distributing printed materials, reducing group sizes of our children’s clubs and following health protocols to ensure their safety. We have embraced the use of online communication with webinars in English and Indonesian to help communicate our work to a wide audience. We are continuing to monitor the situation, international guidance from the WHO, etc., and instructions from the local and national government about minimising contact and reducing the spread of the virus in Kalimantan.
5
Report and Financial Statements for the year ended 30 November 2020 for
## Borneo Nature Trust
Registered Charity No.: 1142870
Borneo Nature Trust 30 November 2020
||Page|Page|
|---|---|---|
|Information Sheet|1||
|Report of the Trustees|2|-|
|||3|
|Report of the Independent Examiners|4||
|Statement of Financial Activities|5||
|Balance Sheet|6||
|Notes to the Financial Statements|7|-|
|||8|
Borneo Nature Trust Reference and administrative information 30 November 2020
|**TRUSTEES:**|Dr D J Chivers|
|---|---|
||E Monks|
||C McLardy|
||Dr S Page|
||V Smith|
|**REGISTERED OFFICE:**|4b Marston Street|
||Oxford|
||OX4 1JU|
|**REGISTERED CHARITY**||
|**NUMBER:**|1142870|
|**ACCOUNTANTS:**|Nicholas Clife & Co. Limited|
||Chartered Accountants|
||Mill House|
||Mill Court|
||Great Shelford|
||Cambridge|
||CB22 5LD|
|**BANKERS:**|HSBC Bank plc|
||65 Cornmarket Street|
||Oxford|
||Oxfordshire|
||OX1 3HY|
1
Borneo Nature Trust Report of the Trustees 30 November 2020
The Trustees present their report with the financial statements of the Charity for the year ended 30 November 2020.
The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Borneo Nature Trust (BNT) is governed by a Trust Deed dated 14 July 2011. The Charity is an unincorporated association under the control of its Trustees.
Funding for the Charity’s activities will be sought from existing charitable sources as well as its own range of fundraising opportunities. It is the intention of BNT to partner with individuals, companies and other charities in the pursuit of its aims.
## **TRUSTEE RECRUITMENT PROCESS**
In accordance with the Charities Commission directives, Trustees are invited to join the committee and upon acceptance are required to complete a standard Application Form and issued with rules and regulations set out in the Commission’s document CC3a. In addition, Trustees are asked to abide by BNT’s confidentiality rules as set out on the reverse of their acceptance letters. Trustees are required to attend at least two meetings annually. They may resign from the committee at any time, at which point a replacement would be discussed and invited to apply. A Chair is elected annually by vote (each Trustee has an equal vote).
## **OBJECTIVES AND ACTIVITIES**
BNT was formed to promote conservation of biological diversity in Indonesian Borneo, to advance the education of the public regarding tropical biodiversity conservation in Indonesian Borneo and to promote sustainable development for the benefit of the public by the preservation, conservation and protection of the environment.
## **SUMMARY OF MAIN ACTIVITIES UNDERTAKEN IN RELATION TO OBJECTIVES**
BNT continues to pursue its objectives primarily by fundraising, making grants and sponsoring and undertaking research.
## **PERFORMANCE AND ACHIEVEMENTS**
During the year the fund distributed funds totaling £116,399 directly to The Borneo Nature Foundation in Indonesia. The funds are used to support the following activities:
- (i) Education and outreach for conservation
- (ii) Fire-fighting for habitat protection
- (iii) Patrol teams for conserving, protecting and monitoring the forest
- (iv) Monitoring of the resident primate populations
## **FINANCIAL REVIEW**
The charity recorded a net surplus in the year of £2,929 compared to a surplus of £18,772 in 2019, with incoming resources increasing by £33,798 from £96,263 in 2020 to £130,061 this year.
No restricted funds are in deficit.
## **FUNDS HELD AS CUSTODIAN TRUSTEE**
No funds are held as custodian trustee.
Borneo Nature Trust Report of the Trustees (continued) 30 November 2020
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The Charities Act 1993 requires the trustees to prepare financial statements for each financial year, giving a review of the charity’s activities during the year and showing its financial position at the end of the year. In preparing those financial statements, the trustees should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **INDEPENDENT EXAMINERS**
The independent examiners are Nicholas Cliffe & Co. Limited, Chartered Accountants, of Great Shelford, Cambridge.
Approved by the Trustees on 2021 and signed on their behalf:
- ……………………………………………
V Smith - Trustee
3
Borneo Nature Trust Report of the Independent Examiner 30 November 2020
I report on the accounts of The Borneo Nature Trust for the period ended 30 November 2020.
## **Respective responsibilities of trustees and examiner**
The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this period under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
Examine the accounts under section 43 of the 1993 Act; follow the procedures laid down in the general directions given by the Charities Commission (under section 43(7)(b) of the Act, as amended); and state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to our attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the account to be reached.
………………………………………
Dated: ………………………. 2021
A N Cliffe for and on behalf of Nicholas Cliffe & Co. Limited Chartered Accountants Mill House Mill Court Great Shelford Cambridge CB22 5LD
4
Borneo Nature Trust Statement of Financial Activities 30 November 2020
|**Note**
**Incoming resources**
Voluntary income
2
Income from activities
generating funds
2
Income from
charitable activities
2
Other income
**Total incoming**
**resources**
**Resources**
**expended**
Cost of generating
voluntary income
3
Cost of charitable
activities
3
Governance
3
Other resources
expended
3
**Total resources**
**expended**
**Net incoming /**
**(outgoing)**
**resources**
**Net movement in**
**funds for the year**
**Balance brought**
**forward**
**Balance Carried**
**forward**|**Restricted**
**funds**
**Unrestricte**
**d funds**
**£**
**£**
86,906
33,155
-
-
-
10,000
-
-
**86,906**
**43,155**
-
-
116,399
9,595
-
900
-
236
**116,399**
**10,731**
(29,493)
32,424
(29,493)
32,424
40,456
6,840
10,963
39,264|**Total**
**2020**
**£**
**120,06**
**1**
**-**
**10,000**
**-**
**130,06**
**1**
**-**
**125,99**
**4**
**900**
**236**
**127,13**
**0**
**2,929**
**2,929**
**47,296**
**50,227**|**Total**
**2019**
**£**
96,223
-
-
40|
|---|---|---|---|
||||**96,26**
**3**|
||||-
76,298
900
293|
||||**77,49**
**1**|
||||18,772|
||||18,772
28,524|
||||47,296|
All incoming resources and resources expended derive from continuing activities.
The notes on pages 7 to 8 form part of these financial statements.
## Borneo Nature Trust Balance Sheet 30 November 2020
|**Notes**
**Current assets**
Cash at bank and in hand
**Creditors:**amounts falling due
within one year
4
**Net current assets**
**Total assets less current liabilities**
**Reserves**
5
Restricted Funds
Unrestricted Funds|**£**
52,927
52,927
(2,700)|**2020**
**2019**
**£**
**£**
49,096
49,096
(1,800)
50,227
47,296
**50,227**
**47,296**
10,963
40,456
39,264
6,840
**50,227**
**47,296**|**2020**
**2019**
**£**
**£**
49,096
49,096
(1,800)
50,227
47,296
**50,227**
**47,296**
10,963
40,456
39,264
6,840
**50,227**
**47,296**|
|---|---|---|---|
||||**47,296**|
||||40,456
6,840
**47,296**|
|||||
## **ON BEHALF OF THE TRUSTEES:**
Approved by the Trustees on 30 September 2021 and signed on their behalf.
….……………………………………….. V Smith - Trustee
6
Borneo Nature Trust Notes to the Financial Statements 30 November 2020
## 1. **ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards and in compliance with Statement of Recommended Practice on Accounting by Charities.
## **Income**
Income receivable in cash as grants and donations is included in full in the statement of financial activities as soon as it is ascertainable. Miscellaneous sales and bank interest are recognized on receipt. Identifiable income provided in kind is recognized as both income and expenditure.
## **Resources expended**
Resources expended are allocated to the different funds as the costs arise.
## **Funds**
Restricted funds consist of monies provided by grant or donation for specific purposes. Designated funds consist of monies earmarked by the Trustees for specific purposes. Unrestricted funds consist of monies provided for general charitable activities.
## 2. **INCOMING RESOURCES**
|**30.11.20**
**30.11.19**
**£**
**£**
**Voluntary income**
Donations TOP (Restricted)
86,906
81,798
Donations re OAUK (Restricted)
General donations (Unrestricted)
43,155
14,425
130,061
96,223
**Other income**
Bank interest received
-
40
130,061
96,263
3.
**RESOURCES EXPENDED**
**30.11.20**
**30.11.19**
**£**
**£**
**Cost of generating voluntary income**
Fund-raising costs
-
-
-
-
**Cost of charitable activities**
Donation to Borneo Nature Foundation (restricted)
116,399
59,407
Bank and other Charges
9,595
16,891
125,994
76,298|**30.11.20**
**30.11.19**
**£**
**£**
**Voluntary income**
Donations TOP (Restricted)
86,906
81,798
Donations re OAUK (Restricted)
General donations (Unrestricted)
43,155
14,425
130,061
96,223
**Other income**
Bank interest received
-
40
130,061
96,263
3.
**RESOURCES EXPENDED**
**30.11.20**
**30.11.19**
**£**
**£**
**Cost of generating voluntary income**
Fund-raising costs
-
-
-
-
**Cost of charitable activities**
Donation to Borneo Nature Foundation (restricted)
116,399
59,407
Bank and other Charges
9,595
16,891
125,994
76,298|
|---|---|
|Bank and other Charges|9,595|
||125,994|
7
Borneo Nature Trust Notes to the Financial Statements 30 November 2020
## 3. **RESOURCES EXPENDED continued**
|**Governance**
Accountancy fees
Trustees travel expenses
**Other costs**
Bank charges
Travel
4.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses|**30.11.20**
**30.11.19**
**£**
**£**
900
900
-
-
900
900
236
293
-
-
127,130
77,491
**30.11.20**
**30.11.19**
**£**
**£**
2,700
1,800|
|---|---|
## 5. **ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**RestrictedUnrestricted**
**Funds**
**Funds**
**£**
**£**
Current assets
10,963
41,964
**Current liabilities**
**-**
**(2,700)**
**Net assets**
**10,963**
**39,264**|**Total**
**Funds**
**£**
52,927
**(2,700)**
**50,227**|
|---|---|
## 6. **TRUSTEES’ REMUNERATION AND EXPENSES**
No trustees received remuneration in the period ended 30 November 2020 or 2019. No expenses were reimbursed to trustees in the year ended 30 November 2020 (2019 - £nil).
8
Report and Financial Statements for the year ended 30 November 2020 for
## Borneo Nature Trust
Registered Charity No.: 1142870
Borneo Nature Trust 30 November 2020
||Page|Page|
|---|---|---|
|Information Sheet|1||
|Report of the Trustees|2|-|
|||3|
|Report of the Independent Examiners|4||
|Statement of Financial Activities|5||
|Balance Sheet|6||
|Notes to the Financial Statements|7|-|
|||8|
Borneo Nature Trust Reference and administrative information 30 November 2020
|**TRUSTEES:**|Dr D J Chivers|
|---|---|
||E Monks|
||C McLardy|
||Dr S Page|
||V Smith|
|**REGISTERED OFFICE:**|4b Marston Street|
||Oxford|
||OX4 1JU|
|**REGISTERED CHARITY**||
|**NUMBER:**|1142870|
|**ACCOUNTANTS:**|Nicholas Clife & Co. Limited|
||Chartered Accountants|
||Mill House|
||Mill Court|
||Great Shelford|
||Cambridge|
||CB22 5LD|
|**BANKERS:**|HSBC Bank plc|
||65 Cornmarket Street|
||Oxford|
||Oxfordshire|
||OX1 3HY|
1
Borneo Nature Trust Report of the Trustees 30 November 2020
The Trustees present their report with the financial statements of the Charity for the year ended 30 November 2020.
The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Borneo Nature Trust (BNT) is governed by a Trust Deed dated 14 July 2011. The Charity is an unincorporated association under the control of its Trustees.
Funding for the Charity’s activities will be sought from existing charitable sources as well as its own range of fundraising opportunities. It is the intention of BNT to partner with individuals, companies and other charities in the pursuit of its aims.
## **TRUSTEE RECRUITMENT PROCESS**
In accordance with the Charities Commission directives, Trustees are invited to join the committee and upon acceptance are required to complete a standard Application Form and issued with rules and regulations set out in the Commission’s document CC3a. In addition, Trustees are asked to abide by BNT’s confidentiality rules as set out on the reverse of their acceptance letters. Trustees are required to attend at least two meetings annually. They may resign from the committee at any time, at which point a replacement would be discussed and invited to apply. A Chair is elected annually by vote (each Trustee has an equal vote).
## **OBJECTIVES AND ACTIVITIES**
BNT was formed to promote conservation of biological diversity in Indonesian Borneo, to advance the education of the public regarding tropical biodiversity conservation in Indonesian Borneo and to promote sustainable development for the benefit of the public by the preservation, conservation and protection of the environment.
## **SUMMARY OF MAIN ACTIVITIES UNDERTAKEN IN RELATION TO OBJECTIVES**
BNT continues to pursue its objectives primarily by fundraising, making grants and sponsoring and undertaking research.
## **PERFORMANCE AND ACHIEVEMENTS**
During the year the fund distributed funds totaling £116,399 directly to The Borneo Nature Foundation in Indonesia. The funds are used to support the following activities:
- (i) Education and outreach for conservation
- (ii) Fire-fighting for habitat protection
- (iii) Patrol teams for conserving, protecting and monitoring the forest
- (iv) Monitoring of the resident primate populations
## **FINANCIAL REVIEW**
The charity recorded a net surplus in the year of £2,929 compared to a surplus of £18,772 in 2019, with incoming resources increasing by £33,798 from £96,263 in 2020 to £130,061 this year.
No restricted funds are in deficit.
## **FUNDS HELD AS CUSTODIAN TRUSTEE**
No funds are held as custodian trustee.
Borneo Nature Trust Report of the Trustees (continued) 30 November 2020
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The Charities Act 1993 requires the trustees to prepare financial statements for each financial year, giving a review of the charity’s activities during the year and showing its financial position at the end of the year. In preparing those financial statements, the trustees should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **INDEPENDENT EXAMINERS**
The independent examiners are Nicholas Cliffe & Co. Limited, Chartered Accountants, of Great Shelford, Cambridge.
Approved by the Trustees on 2021 and signed on their behalf:
- ……………………………………………
V Smith - Trustee
3
Borneo Nature Trust Report of the Independent Examiner 30 November 2020
I report on the accounts of The Borneo Nature Trust for the period ended 30 November 2020.
## **Respective responsibilities of trustees and examiner**
The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this period under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
Examine the accounts under section 43 of the 1993 Act; follow the procedures laid down in the general directions given by the Charities Commission (under section 43(7)(b) of the Act, as amended); and state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to our attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the account to be reached.
………………………………………
Dated: ………………………. 2021
A N Cliffe for and on behalf of Nicholas Cliffe & Co. Limited Chartered Accountants Mill House Mill Court Great Shelford Cambridge CB22 5LD
4
Borneo Nature Trust Statement of Financial Activities 30 November 2020
|**Note**
**Incoming resources**
Voluntary income
2
Income from activities
generating funds
2
Income from
charitable activities
2
Other income
**Total incoming**
**resources**
**Resources**
**expended**
Cost of generating
voluntary income
3
Cost of charitable
activities
3
Governance
3
Other resources
expended
3
**Total resources**
**expended**
**Net incoming /**
**(outgoing)**
**resources**
**Net movement in**
**funds for the year**
**Balance brought**
**forward**
**Balance Carried**
**forward**|**Restricted**
**funds**
**Unrestricte**
**d funds**
**£**
**£**
86,906
33,155
-
-
-
10,000
-
-
**86,906**
**43,155**
-
-
116,399
9,595
-
900
-
236
**116,399**
**10,731**
(29,493)
32,424
(29,493)
32,424
40,456
6,840
10,963
39,264|**Total**
**2020**
**£**
**120,06**
**1**
**-**
**10,000**
**-**
**130,06**
**1**
**-**
**125,99**
**4**
**900**
**236**
**127,13**
**0**
**2,929**
**2,929**
**47,296**
**50,227**|**Total**
**2019**
**£**
96,223
-
-
40|
|---|---|---|---|
||||**96,26**
**3**|
||||-
76,298
900
293|
||||**77,49**
**1**|
||||18,772|
||||18,772
28,524|
||||47,296|
All incoming resources and resources expended derive from continuing activities.
The notes on pages 7 to 8 form part of these financial statements.
## Borneo Nature Trust Balance Sheet 30 November 2020
|**Notes**
**Current assets**
Cash at bank and in hand
**Creditors:**amounts falling due
within one year
4
**Net current assets**
**Total assets less current liabilities**
**Reserves**
5
Restricted Funds
Unrestricted Funds|**£**
52,927
52,927
(2,700)|**2020**
**2019**
**£**
**£**
49,096
49,096
(1,800)
50,227
47,296
**50,227**
**47,296**
10,963
40,456
39,264
6,840
**50,227**
**47,296**|**2020**
**2019**
**£**
**£**
49,096
49,096
(1,800)
50,227
47,296
**50,227**
**47,296**
10,963
40,456
39,264
6,840
**50,227**
**47,296**|
|---|---|---|---|
||||**47,296**|
||||40,456
6,840
**47,296**|
|||||
## **ON BEHALF OF THE TRUSTEES:**
Approved by the Trustees on 30 September 2021 and signed on their behalf.
….……………………………………….. V Smith - Trustee
6
Borneo Nature Trust Notes to the Financial Statements 30 November 2020
## 1. **ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards and in compliance with Statement of Recommended Practice on Accounting by Charities.
## **Income**
Income receivable in cash as grants and donations is included in full in the statement of financial activities as soon as it is ascertainable. Miscellaneous sales and bank interest are recognized on receipt. Identifiable income provided in kind is recognized as both income and expenditure.
## **Resources expended**
Resources expended are allocated to the different funds as the costs arise.
## **Funds**
Restricted funds consist of monies provided by grant or donation for specific purposes. Designated funds consist of monies earmarked by the Trustees for specific purposes. Unrestricted funds consist of monies provided for general charitable activities.
## 2. **INCOMING RESOURCES**
|**30.11.20**
**30.11.19**
**£**
**£**
**Voluntary income**
Donations TOP (Restricted)
86,906
81,798
Donations re OAUK (Restricted)
General donations (Unrestricted)
43,155
14,425
130,061
96,223
**Other income**
Bank interest received
-
40
130,061
96,263
3.
**RESOURCES EXPENDED**
**30.11.20**
**30.11.19**
**£**
**£**
**Cost of generating voluntary income**
Fund-raising costs
-
-
-
-
**Cost of charitable activities**
Donation to Borneo Nature Foundation (restricted)
116,399
59,407
Bank and other Charges
9,595
16,891
125,994
76,298|**30.11.20**
**30.11.19**
**£**
**£**
**Voluntary income**
Donations TOP (Restricted)
86,906
81,798
Donations re OAUK (Restricted)
General donations (Unrestricted)
43,155
14,425
130,061
96,223
**Other income**
Bank interest received
-
40
130,061
96,263
3.
**RESOURCES EXPENDED**
**30.11.20**
**30.11.19**
**£**
**£**
**Cost of generating voluntary income**
Fund-raising costs
-
-
-
-
**Cost of charitable activities**
Donation to Borneo Nature Foundation (restricted)
116,399
59,407
Bank and other Charges
9,595
16,891
125,994
76,298|
|---|---|
|Bank and other Charges|9,595|
||125,994|
7
Borneo Nature Trust Notes to the Financial Statements 30 November 2020
## 3. **RESOURCES EXPENDED continued**
|**Governance**
Accountancy fees
Trustees travel expenses
**Other costs**
Bank charges
Travel
4.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses|**30.11.20**
**30.11.19**
**£**
**£**
900
900
-
-
900
900
236
293
-
-
127,130
77,491
**30.11.20**
**30.11.19**
**£**
**£**
2,700
1,800|
|---|---|
## 5. **ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**RestrictedUnrestricted**
**Funds**
**Funds**
**£**
**£**
Current assets
10,963
41,964
**Current liabilities**
**-**
**(2,700)**
**Net assets**
**10,963**
**39,264**|**Total**
**Funds**
**£**
52,927
**(2,700)**
**50,227**|
|---|---|
## 6. **TRUSTEES’ REMUNERATION AND EXPENSES**
No trustees received remuneration in the period ended 30 November 2020 or 2019. No expenses were reimbursed to trustees in the year ended 30 November 2020 (2019 - £nil).
8